# EDGAR Filing Document

**Accession Number:** 0001004655
**File Stem:** 0001004655-25-000131
**Filing Date:** 2025-9
**Character Count:** 172350
**Document Hash:** 0d5e02018c72e3c143974294855255a3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004655-25-000131.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0001004655-25-000131

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VANGUARD WHITEHALL FUNDS
- **CENTRAL INDEX KEY:** 0001004655

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07443
- **FILM NUMBER:** 251343517

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 2600
- **STREET 2:** V26
- **CITY:** VALLEY FORGE
- **STATE:** PA
- **ZIP:** 19482
- **BUSINESS PHONE:** 6106691000

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 2600
- **STREET 2:** V26
- **CITY:** VALLEY FORGE
- **STATE:** PA
- **ZIP:** 19482

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VANGUARD WHITEHALL FUNDS INC
- **DATE OF NAME CHANGE:** 19951207

## Series and Classes Contracts Data

### Vanguard International Explorer Fund (Series ID: S000004407)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000012165 | Investor Shares | VINEX           |

## Nport-Ex

Vanguard<sup>®</sup> International Explorer™ Fund

Schedule of Investments (unaudited)

As of July 31, 2025

The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund's Form N-PORT reports are available on the SEC's website at www.sec.gov.

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| **Common Stocks (96.2%)** | **Common Stocks (96.2%)** | **Common Stocks (96.2%)** | **Common Stocks (96.2%)** |
| **Australia (5.0%)** | **Australia (5.0%)** | **Australia (5.0%)** | **Australia (5.0%)** |
|  | Stockland | &nbsp;&nbsp;2151922 | &nbsp;&nbsp;&nbsp;&nbsp;7629 |
|  | Charter Hall Group | &nbsp;&nbsp;&nbsp;&nbsp;478166 | &nbsp;&nbsp;&nbsp;&nbsp;6160 |
| <sup>\*</sup> | MAC Copper Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;519007 | &nbsp;&nbsp;&nbsp;&nbsp;6115 |
| <sup>\*</sup> | Xero Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49603 | &nbsp;&nbsp;&nbsp;&nbsp;5712 |
|  | Challenger Ltd. | &nbsp;&nbsp;1075640 | &nbsp;&nbsp;&nbsp;&nbsp;5653 |
|  | ASX Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;102999 | &nbsp;&nbsp;&nbsp;&nbsp;4617 |
|  | Evolution Mining Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;908063 | &nbsp;&nbsp;&nbsp;&nbsp;4110 |
|  | Iluka Resources Ltd. | &nbsp;&nbsp;1155018 | &nbsp;&nbsp;&nbsp;&nbsp;3784 |
|  | Cochlear Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17475 | &nbsp;&nbsp;&nbsp;&nbsp;3568 |
| <sup>\*</sup> | James Hardie Industries plc | &nbsp;&nbsp;&nbsp;&nbsp;120016 | &nbsp;&nbsp;&nbsp;&nbsp;3150 |
| <sup>\*</sup> | Genesis Minerals Ltd. | &nbsp;&nbsp;1235813 | &nbsp;&nbsp;&nbsp;&nbsp;2903 |
|  | Liberty Financial Group Ltd. | &nbsp;&nbsp;1094968 | &nbsp;&nbsp;&nbsp;&nbsp;2716 |
| <sup>\*</sup> | Judo Capital Holdings Ltd. | &nbsp;&nbsp;2653509 | &nbsp;&nbsp;&nbsp;&nbsp;2559 |
|  | Orora Ltd. | &nbsp;&nbsp;1487928 | &nbsp;&nbsp;&nbsp;&nbsp;1975 |
|  | Deterra Royalties Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;715170 | &nbsp;&nbsp;&nbsp;&nbsp;1894 |
| <sup>\*</sup> | FireFly Metals Ltd. | &nbsp;&nbsp;2664685 | &nbsp;&nbsp;&nbsp;&nbsp;1865 |
| <sup>\*</sup> | SiteMinder Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;474594 | &nbsp;&nbsp;&nbsp;&nbsp;1574 |
|  | CAR Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52234 | &nbsp;&nbsp;&nbsp;&nbsp;1271 |
| <sup>\*</sup> | Sandfire Resources Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;187552 | &nbsp;&nbsp;&nbsp;&nbsp;1262 |
| <sup>\*</sup> | Nufarm Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;426008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704 |
| <sup>\*</sup> | Lynas Rare Earths Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160 |
|  |  |  | &nbsp;&nbsp;**69381** |
| **Austria (2.3%)** | **Austria (2.3%)** | **Austria (2.3%)** | **Austria (2.3%)** |
| <sup>1</sup> | BAWAG Group AG | &nbsp;&nbsp;&nbsp;&nbsp;131711 | &nbsp;&nbsp;16623 |
|  | DO & CO AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37681 | &nbsp;&nbsp;&nbsp;&nbsp;8501 |
|  | Wienerberger AG | &nbsp;&nbsp;&nbsp;&nbsp;160980 | &nbsp;&nbsp;&nbsp;&nbsp;5396 |
| <sup>\*</sup> | Addiko Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49146 | &nbsp;&nbsp;&nbsp;&nbsp;1226 |
|  |  |  | &nbsp;&nbsp;**31746** |
| **Belgium (2.1%)** | **Belgium (2.1%)** | **Belgium (2.1%)** | **Belgium (2.1%)** |
|  | Warehouses De Pauw CVA | &nbsp;&nbsp;&nbsp;&nbsp;265574 | &nbsp;&nbsp;&nbsp;&nbsp;6197 |
|  | KBC Ancora | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77966 | &nbsp;&nbsp;&nbsp;&nbsp;5668 |
|  | Elia Group SA/NV Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44825 | &nbsp;&nbsp;&nbsp;&nbsp;5172 |
|  | VGP NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40621 | &nbsp;&nbsp;&nbsp;&nbsp;4272 |
| <sup>2</sup> | Recticel SA | &nbsp;&nbsp;&nbsp;&nbsp;297518 | &nbsp;&nbsp;&nbsp;&nbsp;3620 |
|  | D'ieteren Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14310 | &nbsp;&nbsp;&nbsp;&nbsp;2827 |
|  | Aedifica SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22685 | &nbsp;&nbsp;&nbsp;&nbsp;1669 |
|  |  |  | &nbsp;&nbsp;**29425** |
| **Brazil (1.6%)** | **Brazil (1.6%)** | **Brazil (1.6%)** | **Brazil (1.6%)** |
|  | TOTVS SA | &nbsp;&nbsp;1096870 | &nbsp;&nbsp;&nbsp;&nbsp;8543 |
|  | Rumo SA | &nbsp;&nbsp;2816345 | &nbsp;&nbsp;&nbsp;&nbsp;8319 |
|  | TIM SA | &nbsp;&nbsp;1330600 | &nbsp;&nbsp;&nbsp;&nbsp;4921 |
| <sup>\*,1</sup> | Hapvida Participacoes e Investimentos SA | &nbsp;&nbsp;&nbsp;&nbsp;137371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811 |
|  |  |  | &nbsp;&nbsp;**22594** |
| **Canada (2.1%)** | **Canada (2.1%)** | **Canada (2.1%)** | **Canada (2.1%)** |
| <sup>\*</sup> | NGEx Minerals Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;540393 | &nbsp;&nbsp;&nbsp;&nbsp;7632 |
| <sup>\*</sup> | Montage Gold Corp. | &nbsp;&nbsp;1375729 | &nbsp;&nbsp;&nbsp;&nbsp;4289 |
| <sup>\*</sup> | IMAX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;121696 | &nbsp;&nbsp;&nbsp;&nbsp;3139 |
| <sup>\*</sup> | NuVista Energy Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;232669 | &nbsp;&nbsp;&nbsp;&nbsp;2458 |
| <sup>\*</sup> | Faraday Copper Corp. | &nbsp;&nbsp;3004425 | &nbsp;&nbsp;&nbsp;&nbsp;2407 |
|  | Lundin Mining Corp. | &nbsp;&nbsp;&nbsp;&nbsp;213751 | &nbsp;&nbsp;&nbsp;&nbsp;2183 |
|  | Peyto Exploration & Development Corp. | &nbsp;&nbsp;&nbsp;&nbsp;134621 | &nbsp;&nbsp;&nbsp;&nbsp;1889 |
|  | Birchcliff Energy Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;374982 | &nbsp;&nbsp;&nbsp;&nbsp;1827 |
|  | MEG Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62778 | &nbsp;&nbsp;&nbsp;&nbsp;1237 |
|  | PrairieSky Royalty Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969 |
|  | Topaz Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819 |
| <sup>\*</sup> | Canada Goose Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724 |
|  |  |  | &nbsp;&nbsp;**29573** |
| **Chile (0.1%)** | **Chile (0.1%)** | **Chile (0.1%)** | **Chile (0.1%)** |
| <sup>\*</sup> | Marimaca Copper Corp. | &nbsp;&nbsp;&nbsp;&nbsp;317903 | &nbsp;&nbsp;&nbsp;&nbsp;2044 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| **China (1.6%)** | **China (1.6%)** | **China (1.6%)** | **China (1.6%)** |
|  | ENN Energy Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;452234 | &nbsp;&nbsp;&nbsp;&nbsp;3686 |
| <sup>\*,2</sup> | Zai Lab Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94289 | &nbsp;&nbsp;&nbsp;&nbsp;3564 |
|  | Tongcheng Travel Holdings Ltd. | &nbsp;&nbsp;1138000 | &nbsp;&nbsp;&nbsp;&nbsp;2851 |
|  | Shandong Weigao Group Medical Polymer Co. Ltd. Class H | &nbsp;&nbsp;2801469 | &nbsp;&nbsp;&nbsp;&nbsp;2464 |
| <sup>1</sup> | Hangzhou Tigermed Consulting Co. Ltd. Class H | &nbsp;&nbsp;&nbsp;&nbsp;323800 | &nbsp;&nbsp;&nbsp;&nbsp;2299 |
| <sup>1</sup> | BOC Aviation Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;234381 | &nbsp;&nbsp;&nbsp;&nbsp;2129 |
| <sup>\*</sup> | Kanzhun Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87778 | &nbsp;&nbsp;&nbsp;&nbsp;1664 |
|  | Minth Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;393600 | &nbsp;&nbsp;&nbsp;&nbsp;1299 |
|  | Zhongsheng Group Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;640547 | &nbsp;&nbsp;&nbsp;&nbsp;1078 |
| <sup>\*,2</sup> | Pony AI Inc. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733 |
|  |  |  | &nbsp;&nbsp;**21767** |
| **Denmark (1.7%)** | **Denmark (1.7%)** | **Denmark (1.7%)** | **Denmark (1.7%)** |
|  | FLSmidth & Co. A/S | &nbsp;&nbsp;&nbsp;&nbsp;113278 | &nbsp;&nbsp;&nbsp;&nbsp;6664 |
|  | Royal Unibrew A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54976 | &nbsp;&nbsp;&nbsp;&nbsp;4112 |
|  | Ringkjoebing Landbobank A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16108 | &nbsp;&nbsp;&nbsp;&nbsp;3551 |
| <sup>\*</sup> | Ascendis Pharma A/S ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18546 | &nbsp;&nbsp;&nbsp;&nbsp;3218 |
| <sup>\*</sup> | ALK-Abello A/S Class B | &nbsp;&nbsp;&nbsp;&nbsp;109795 | &nbsp;&nbsp;&nbsp;&nbsp;3186 |
| <sup>\*</sup> | Dfds A/S | &nbsp;&nbsp;&nbsp;&nbsp;129303 | &nbsp;&nbsp;&nbsp;&nbsp;2321 |
| <sup>\*</sup> | NTG Nordic Transport Group A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34410 | &nbsp;&nbsp;&nbsp;&nbsp;1031 |
| <sup>\*,3</sup> | OW Bunker A/S | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  |  |  | &nbsp;&nbsp;**24083** |
| **Finland (0.8%)** | **Finland (0.8%)** | **Finland (0.8%)** | **Finland (0.8%)** |
|  | Konecranes OYJ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86477 | &nbsp;&nbsp;&nbsp;&nbsp;7206 |
|  | Kemira OYJ | &nbsp;&nbsp;&nbsp;&nbsp;180205 | &nbsp;&nbsp;&nbsp;&nbsp;3835 |
|  |  |  | &nbsp;&nbsp;**11041** |
| **France (2.4%)** | **France (2.4%)** | **France (2.4%)** | **France (2.4%)** |
|  | Nexans SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47972 | &nbsp;&nbsp;&nbsp;&nbsp;6895 |
|  | JCDecaux SE | &nbsp;&nbsp;&nbsp;&nbsp;346700 | &nbsp;&nbsp;&nbsp;&nbsp;5700 |
|  | Trigano SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28494 | &nbsp;&nbsp;&nbsp;&nbsp;4859 |
| <sup>1</sup> | Ayvens SA | &nbsp;&nbsp;&nbsp;&nbsp;434630 | &nbsp;&nbsp;&nbsp;&nbsp;4670 |
|  | Carmila SA | &nbsp;&nbsp;&nbsp;&nbsp;187423 | &nbsp;&nbsp;&nbsp;&nbsp;3682 |
|  | Kaufman & Broad SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58195 | &nbsp;&nbsp;&nbsp;&nbsp;2074 |
|  | Valeo SE | &nbsp;&nbsp;&nbsp;&nbsp;184320 | &nbsp;&nbsp;&nbsp;&nbsp;2005 |
| <sup>\*,2</sup> | Medincell SA | &nbsp;&nbsp;&nbsp;&nbsp;101991 | &nbsp;&nbsp;&nbsp;&nbsp;1975 |
|  | Gaztransport Et Technigaz SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9928 | &nbsp;&nbsp;&nbsp;&nbsp;1867 |
|  | Wendel SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423 |
|  |  |  | &nbsp;&nbsp;**34150** |
| **Germany (2.0%)** | **Germany (2.0%)** | **Germany (2.0%)** | **Germany (2.0%)** |
|  | CTS Eventim AG & Co. KGaA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89492 | &nbsp;&nbsp;10106 |
|  | United Internet AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;194079 | &nbsp;&nbsp;&nbsp;&nbsp;5563 |
| <sup>2</sup> | Schott Pharma AG & Co. KGaA | &nbsp;&nbsp;&nbsp;&nbsp;183128 | &nbsp;&nbsp;&nbsp;&nbsp;4943 |
|  | Hensoldt AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24947 | &nbsp;&nbsp;&nbsp;&nbsp;2734 |
|  | Stabilus SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68792 | &nbsp;&nbsp;&nbsp;&nbsp;1972 |
| <sup>\*</sup> | Immatics NV | &nbsp;&nbsp;&nbsp;&nbsp;297837 | &nbsp;&nbsp;&nbsp;&nbsp;1921 |
| <sup>2</sup> | Bertrandt AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;752 |
| <sup>\*</sup> | Hypoport SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 |
|  |  |  | &nbsp;&nbsp;**28466** |
| **Greece (0.5%)** | **Greece (0.5%)** | **Greece (0.5%)** | **Greece (0.5%)** |
|  | Hellenic Telecommunications Organization SA | &nbsp;&nbsp;&nbsp;&nbsp;207382 | &nbsp;&nbsp;&nbsp;&nbsp;3758 |
|  | Alpha Bank SA | &nbsp;&nbsp;&nbsp;&nbsp;825943 | &nbsp;&nbsp;&nbsp;&nbsp;3092 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**6850** |
| **Hong Kong (1.5%)** | **Hong Kong (1.5%)** | **Hong Kong (1.5%)** | **Hong Kong (1.5%)** |
|  | Kerry Properties Ltd. | &nbsp;&nbsp;1475500 | &nbsp;&nbsp;&nbsp;&nbsp;3940 |
|  | Dah Sing Financial Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;987650 | &nbsp;&nbsp;&nbsp;&nbsp;3664 |
|  | SUNeVision Holdings Ltd. | &nbsp;&nbsp;3389734 | &nbsp;&nbsp;&nbsp;&nbsp;3346 |
|  | Stella International Holdings Ltd. | &nbsp;&nbsp;1452813 | &nbsp;&nbsp;&nbsp;&nbsp;2885 |
|  | Techtronic Industries Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;222000 | &nbsp;&nbsp;&nbsp;&nbsp;2655 |
|  | Fortune REIT | &nbsp;&nbsp;3363000 | &nbsp;&nbsp;&nbsp;&nbsp;2161 |
| <sup>1</sup> | Crystal International Group Ltd. | &nbsp;&nbsp;1948500 | &nbsp;&nbsp;&nbsp;&nbsp;1400 |
|  | Dah Sing Banking Group Ltd. | &nbsp;&nbsp;1178000 | &nbsp;&nbsp;&nbsp;&nbsp;1377 |
|  |  |  | &nbsp;&nbsp;**21428** |
| **India (1.1%)** | **India (1.1%)** | **India (1.1%)** | **India (1.1%)** |
|  | Apollo Hospitals Enterprise Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94810 | &nbsp;&nbsp;&nbsp;&nbsp;8083 |
|  | Oberoi Realty Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;342928 | &nbsp;&nbsp;&nbsp;&nbsp;6348 |
|  | Ashok Leyland Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;482076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| <sup>\*</sup> | PB Fintech Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69 |
|  |  |  | &nbsp;&nbsp;**15163** |
| **Ireland (0.4%)** | **Ireland (0.4%)** | **Ireland (0.4%)** | **Ireland (0.4%)** |
|  | Bank of Ireland Group plc | &nbsp;&nbsp;&nbsp;&nbsp;348846 | &nbsp;&nbsp;&nbsp;&nbsp;4678 |
|  | Irish Residential Properties REIT plc | &nbsp;&nbsp;1299994 | &nbsp;&nbsp;&nbsp;&nbsp;1447 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**6125** |
| **Israel (3.3%)** | **Israel (3.3%)** | **Israel (3.3%)** | **Israel (3.3%)** |
| <sup>\*</sup> | Fiverr International Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;320918 | &nbsp;&nbsp;&nbsp;&nbsp;7086 |
|  | Sapiens International Corp. NV | &nbsp;&nbsp;&nbsp;&nbsp;235846 | &nbsp;&nbsp;&nbsp;&nbsp;6465 |
|  | Melisron Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51270 | &nbsp;&nbsp;&nbsp;&nbsp;5903 |
| <sup>\*</sup> | Nova Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20350 | &nbsp;&nbsp;&nbsp;&nbsp;5344 |
|  | Phoenix Financial Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;135341 | &nbsp;&nbsp;&nbsp;&nbsp;4611 |
|  | First International Bank of Israel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64739 | &nbsp;&nbsp;&nbsp;&nbsp;4497 |
| <sup>\*,2</sup> | Camtek Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47074 | &nbsp;&nbsp;&nbsp;&nbsp;4432 |
| <sup>\*</sup> | SimilarWeb Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;501258 | &nbsp;&nbsp;&nbsp;&nbsp;4190 |
| <sup>\*</sup> | Tower Semiconductor Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85437 | &nbsp;&nbsp;&nbsp;&nbsp;3909 |
|  |  |  | &nbsp;&nbsp;**46437** |
| **Italy (3.3%)** | **Italy (3.3%)** | **Italy (3.3%)** | **Italy (3.3%)** |
| <sup>2</sup> | Italgas SpA | &nbsp;&nbsp;1003764 | &nbsp;&nbsp;&nbsp;&nbsp;8329 |
|  | Moncler SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95476 | &nbsp;&nbsp;&nbsp;&nbsp;5092 |
| <sup>\*,1</sup> | BFF Bank SpA | &nbsp;&nbsp;&nbsp;&nbsp;412908 | &nbsp;&nbsp;&nbsp;&nbsp;4902 |
|  | Reply SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31157 | &nbsp;&nbsp;&nbsp;&nbsp;4880 |
| <sup>1</sup> | Technogym SpA | &nbsp;&nbsp;&nbsp;&nbsp;297454 | &nbsp;&nbsp;&nbsp;&nbsp;4590 |
| <sup>\*</sup> | Technoprobe SpA | &nbsp;&nbsp;&nbsp;&nbsp;526772 | &nbsp;&nbsp;&nbsp;&nbsp;4322 |
|  | De' Longhi SpA | &nbsp;&nbsp;&nbsp;&nbsp;109193 | &nbsp;&nbsp;&nbsp;&nbsp;3581 |
|  | Brunello Cucinelli SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22582 | &nbsp;&nbsp;&nbsp;&nbsp;2532 |
|  | Saipem SpA | &nbsp;&nbsp;&nbsp;&nbsp;936666 | &nbsp;&nbsp;&nbsp;&nbsp;2504 |
|  | PRADA SpA | &nbsp;&nbsp;&nbsp;&nbsp;409600 | &nbsp;&nbsp;&nbsp;&nbsp;2229 |
|  | Azimut Holding SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33608 | &nbsp;&nbsp;&nbsp;&nbsp;1143 |
| <sup>2</sup> | Eurogroup Laminations SpA | &nbsp;&nbsp;&nbsp;&nbsp;202184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823 |
|  | DiaSorin SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568 |
|  |  |  | &nbsp;&nbsp;**45495** |
| **Japan (29.4%)** | **Japan (29.4%)** | **Japan (29.4%)** | **Japan (29.4%)** |
|  | Mebuki Financial Group Inc. | &nbsp;&nbsp;1994752 | &nbsp;&nbsp;10816 |
|  | Sega Sammy Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;471942 | &nbsp;&nbsp;&nbsp;&nbsp;9648 |
|  | OBIC Business Consultants Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;163006 | &nbsp;&nbsp;&nbsp;&nbsp;9401 |
|  | Shimamura Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;128387 | &nbsp;&nbsp;&nbsp;&nbsp;9296 |
|  | Kyushu Electric Power Co. Inc. | &nbsp;&nbsp;1010870 | &nbsp;&nbsp;&nbsp;&nbsp;8961 |
|  | Nippon Densetsu Kogyo Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;469200 | &nbsp;&nbsp;&nbsp;&nbsp;8909 |
|  | GMO internet group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;324500 | &nbsp;&nbsp;&nbsp;&nbsp;8313 |
|  | Japan Elevator Service Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;308300 | &nbsp;&nbsp;&nbsp;&nbsp;8230 |
|  | Nippon Gas Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;447700 | &nbsp;&nbsp;&nbsp;&nbsp;8144 |
| <sup>\*</sup> | Rakuten Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;172924 | &nbsp;&nbsp;&nbsp;&nbsp;8055 |
|  | Kureha Corp. | &nbsp;&nbsp;&nbsp;&nbsp;341200 | &nbsp;&nbsp;&nbsp;&nbsp;7781 |
|  | KOMEDA Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;390100 | &nbsp;&nbsp;&nbsp;&nbsp;7780 |
|  | Kissei Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;257100 | &nbsp;&nbsp;&nbsp;&nbsp;7575 |
|  | Daifuku Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;298300 | &nbsp;&nbsp;&nbsp;&nbsp;7552 |
|  | Resorttrust Inc. | &nbsp;&nbsp;&nbsp;&nbsp;597685 | &nbsp;&nbsp;&nbsp;&nbsp;7404 |
|  | MISUMI Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;491627 | &nbsp;&nbsp;&nbsp;&nbsp;7079 |
|  | Mani Inc. | &nbsp;&nbsp;&nbsp;&nbsp;837200 | &nbsp;&nbsp;&nbsp;&nbsp;7050 |
|  | Aica Kogyo Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;285400 | &nbsp;&nbsp;&nbsp;&nbsp;7027 |
|  | Kobe Bussan Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;263700 | &nbsp;&nbsp;&nbsp;&nbsp;7022 |
|  | Tokyu Fudosan Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;987268 | &nbsp;&nbsp;&nbsp;&nbsp;6962 |
|  | SBI Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;185600 | &nbsp;&nbsp;&nbsp;&nbsp;6895 |
|  | Socionext Inc. | &nbsp;&nbsp;&nbsp;&nbsp;361745 | &nbsp;&nbsp;&nbsp;&nbsp;6817 |
|  | Sumitomo Forestry Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;664500 | &nbsp;&nbsp;&nbsp;&nbsp;6675 |
|  | Concordia Financial Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;989200 | &nbsp;&nbsp;&nbsp;&nbsp;6560 |
|  | Seria Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;351300 | &nbsp;&nbsp;&nbsp;&nbsp;6470 |
|  | Galilei Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;292800 | &nbsp;&nbsp;&nbsp;&nbsp;6423 |
|  | FP Corp. | &nbsp;&nbsp;&nbsp;&nbsp;353191 | &nbsp;&nbsp;&nbsp;&nbsp;6296 |
|  | Ai Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;380700 | &nbsp;&nbsp;&nbsp;&nbsp;6093 |
|  | DMG Mori Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;263232 | &nbsp;&nbsp;&nbsp;&nbsp;6083 |
|  | Canon Marketing Japan Inc. | &nbsp;&nbsp;&nbsp;&nbsp;167185 | &nbsp;&nbsp;&nbsp;&nbsp;6040 |
|  | Miura Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;301400 | &nbsp;&nbsp;&nbsp;&nbsp;6010 |
|  | Digital Garage Inc. | &nbsp;&nbsp;&nbsp;&nbsp;226300 | &nbsp;&nbsp;&nbsp;&nbsp;5954 |
|  | Marui Group Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;285090 | &nbsp;&nbsp;&nbsp;&nbsp;5806 |
|  | ABC-Mart Inc. | &nbsp;&nbsp;&nbsp;&nbsp;308295 | &nbsp;&nbsp;&nbsp;&nbsp;5769 |
|  | Nishi-Nippon Financial Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;362400 | &nbsp;&nbsp;&nbsp;&nbsp;5724 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | Tokyo Seimitsu Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5532 |
|  | Maruwa Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5359 |
|  | Nissan Chemical Corp. | &nbsp;&nbsp;&nbsp;&nbsp;155517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5070 |
|  | Mitsubishi Gas Chemical Co. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;285910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4939 |
|  | Nabtesco Corp. | &nbsp;&nbsp;&nbsp;&nbsp;267026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4912 |
|  | Resonac Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;201393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4843 |
|  | Adastria Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;241130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4789 |
|  | TechnoPro Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;140483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4449 |
|  | eGuarantee Inc. | &nbsp;&nbsp;&nbsp;&nbsp;445457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4410 |
|  | Ibiden Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;102900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4352 |
|  | Penta-Ocean Construction Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;667534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4320 |
|  | Rorze Corp. | &nbsp;&nbsp;&nbsp;&nbsp;302000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4061 |
|  | PALTAC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;138157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3954 |
|  | Harmonic Drive Systems Inc. | &nbsp;&nbsp;&nbsp;&nbsp;207900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3942 |
|  | M3 Inc. | &nbsp;&nbsp;&nbsp;&nbsp;320319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3939 |
|  | Sinfonia Technology Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3897 |
|  | THK Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;137471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3864 |
|  | Kawasaki Heavy Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3791 |
|  | ASKUL Corp. | &nbsp;&nbsp;&nbsp;&nbsp;378554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3781 |
|  | Kokusai Electric Corp. | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3752 |
|  | Air Water Inc. | &nbsp;&nbsp;&nbsp;&nbsp;248945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3678 |
|  | Japan Real Estate Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3661 |
|  | Trusco Nakayama Corp. | &nbsp;&nbsp;&nbsp;&nbsp;242500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3532 |
|  | Japan Steel Works Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3285 |
|  | MonotaRO Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;167900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2990 |
|  | Persol Holdings Co. Ltd. | &nbsp;&nbsp;1550578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2964 |
|  | GMO Payment Gateway Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2948 |
|  | Katitas Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;166900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2799 |
|  | Asahi Intecc Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;177646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2764 |
|  | Lasertec Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2609 |
|  | Nichias Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2554 |
|  | Kansai Paint Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;175585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2486 |
|  | en Japan Inc. | &nbsp;&nbsp;&nbsp;&nbsp;211966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2461 |
| <sup>\*</sup> | Visional Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2394 |
|  | Toyo Suisan Kaisha Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2377 |
|  | Nifco Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2323 |
|  | Japan Airport Terminal Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2256 |
|  | OKUMA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2168 |
|  | Hachijuni Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;239400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2154 |
| <sup>\*</sup> | Nxera Pharma Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;319084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1922 |
|  | Tokyotokeiba Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1773 |
|  | Hakuhodo DY Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;217569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1712 |
| <sup>\*</sup> | Sansan Inc. | &nbsp;&nbsp;&nbsp;&nbsp;134488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1702 |
|  | Starts Corp. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1615 |
|  | BayCurrent Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1447 |
|  | Koito Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;105950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1355 |
|  | KH Neochem Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1170 |
|  | Sumitomo Rubber Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1066 |
|  | MEC Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1022 |
|  | Rohto Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599 |
|  | Tochigi Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31 |
|  |  |  | &nbsp;&nbsp;**412393** |
| **Mexico (0.2%)** | **Mexico (0.2%)** | **Mexico (0.2%)** | **Mexico (0.2%)** |
|  | Grupo Aeroportuario del Sureste SAB de CV Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1912 |
| <sup>\*,1</sup> | Grupo Traxion SAB de CV Class A | &nbsp;&nbsp;&nbsp;&nbsp;755461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2576** |
| **Netherlands (2.2%)** | **Netherlands (2.2%)** | **Netherlands (2.2%)** | **Netherlands (2.2%)** |
|  | Koninklijke Vopak NV | &nbsp;&nbsp;&nbsp;&nbsp;132338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6322 |
|  | Arcadis NV | &nbsp;&nbsp;&nbsp;&nbsp;125460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6261 |
| <sup>\*</sup> | Merus NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5405 |
|  | BE Semiconductor Industries NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4096 |
|  | Aalberts NV | &nbsp;&nbsp;&nbsp;&nbsp;118794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3797 |
|  | Allfunds Group plc | &nbsp;&nbsp;&nbsp;&nbsp;508438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3521 |
| <sup>\*</sup> | Pharvaris NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1450 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**30852** |
| **New Zealand (0.4%)** | **New Zealand (0.4%)** | **New Zealand (0.4%)** | **New Zealand (0.4%)** |
|  | Fisher & Paykel Healthcare Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;225126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4916 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| **Norway (1.0%)** | **Norway (1.0%)** | **Norway (1.0%)** | **Norway (1.0%)** |
| <sup>1</sup> | Europris ASA | &nbsp;&nbsp;&nbsp;&nbsp;489256 | &nbsp;&nbsp;&nbsp;&nbsp;4583 |
|  | Borregaard ASA | &nbsp;&nbsp;&nbsp;&nbsp;221787 | &nbsp;&nbsp;&nbsp;&nbsp;4278 |
|  | Storebrand ASA | &nbsp;&nbsp;&nbsp;&nbsp;232846 | &nbsp;&nbsp;&nbsp;&nbsp;3307 |
|  | DOF Group ASA | &nbsp;&nbsp;&nbsp;&nbsp;142525 | &nbsp;&nbsp;&nbsp;&nbsp;1305 |
|  | Subsea 7 SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52648 | &nbsp;&nbsp;&nbsp;&nbsp;1020 |
|  |  |  | &nbsp;&nbsp;**14493** |
| **Other (1.3%)** | **Other (1.3%)** | **Other (1.3%)** | **Other (1.3%)** |
|  | iShares MSCI EAFE Small-Cap ETF | &nbsp;&nbsp;&nbsp;&nbsp;253693 | &nbsp;&nbsp;18370 |
| **Philippines (0.1%)** | **Philippines (0.1%)** | **Philippines (0.1%)** | **Philippines (0.1%)** |
|  | Wilcon Depot Inc. | &nbsp;&nbsp;6400400 | &nbsp;&nbsp;&nbsp;&nbsp;1097 |
| **Poland (0.7%)** | **Poland (0.7%)** | **Poland (0.7%)** | **Poland (0.7%)** |
| <sup>\*,1</sup> | Dino Polska SA | &nbsp;&nbsp;&nbsp;&nbsp;346160 | &nbsp;&nbsp;&nbsp;&nbsp;4565 |
|  | Grupa Pracuj SA | &nbsp;&nbsp;&nbsp;&nbsp;181466 | &nbsp;&nbsp;&nbsp;&nbsp;3093 |
|  | Alior Bank SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80027 | &nbsp;&nbsp;&nbsp;&nbsp;2156 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**9814** |
| **Singapore (0.3%)** | **Singapore (0.3%)** | **Singapore (0.3%)** | **Singapore (0.3%)** |
|  | Keppel DC REIT | &nbsp;&nbsp;2343790 | &nbsp;&nbsp;&nbsp;&nbsp;4265 |
| **Slovenia (0.3%)** | **Slovenia (0.3%)** | **Slovenia (0.3%)** | **Slovenia (0.3%)** |
|  | Nova Ljubljanska Banka dd GDR | &nbsp;&nbsp;&nbsp;&nbsp;130177 | &nbsp;&nbsp;&nbsp;&nbsp;4815 |
| **South Africa (0.2%)** | **South Africa (0.2%)** | **South Africa (0.2%)** | **South Africa (0.2%)** |
| <sup>\*</sup> | Sibanye Stillwater Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;245397 | &nbsp;&nbsp;&nbsp;&nbsp;2052 |
| **South Korea (0.1%)** | **South Korea (0.1%)** | **South Korea (0.1%)** | **South Korea (0.1%)** |
|  | Park Systems Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6175 | &nbsp;&nbsp;&nbsp;&nbsp;1219 |
| **Spain (1.6%)** | **Spain (1.6%)** | **Spain (1.6%)** | **Spain (1.6%)** |
|  | Fluidra SA | &nbsp;&nbsp;&nbsp;&nbsp;248277 | &nbsp;&nbsp;&nbsp;&nbsp;6192 |
|  | Bankinter SA | &nbsp;&nbsp;&nbsp;&nbsp;431117 | &nbsp;&nbsp;&nbsp;&nbsp;6154 |
|  | Almirall SA | &nbsp;&nbsp;&nbsp;&nbsp;287181 | &nbsp;&nbsp;&nbsp;&nbsp;3457 |
|  | Logista Integral SA | &nbsp;&nbsp;&nbsp;&nbsp;102733 | &nbsp;&nbsp;&nbsp;&nbsp;3252 |
|  | Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | &nbsp;&nbsp;1388016 | &nbsp;&nbsp;&nbsp;&nbsp;2138 |
| <sup>1</sup> | Unicaja Banco SA | &nbsp;&nbsp;&nbsp;&nbsp;463852 | &nbsp;&nbsp;&nbsp;&nbsp;1219 |
|  |  |  | &nbsp;&nbsp;**22412** |
| **Sweden (3.7%)** | **Sweden (3.7%)** | **Sweden (3.7%)** | **Sweden (3.7%)** |
| <sup>1</sup> | Thule Group AB | &nbsp;&nbsp;&nbsp;&nbsp;329722 | &nbsp;&nbsp;&nbsp;&nbsp;9325 |
|  | Nordnet AB publ | &nbsp;&nbsp;&nbsp;&nbsp;324615 | &nbsp;&nbsp;&nbsp;&nbsp;8767 |
|  | Cibus Nordic Real Estate AB publ | &nbsp;&nbsp;&nbsp;&nbsp;337707 | &nbsp;&nbsp;&nbsp;&nbsp;5983 |
|  | INVISIO AB | &nbsp;&nbsp;&nbsp;&nbsp;175551 | &nbsp;&nbsp;&nbsp;&nbsp;5688 |
|  | AddTech AB Class B | &nbsp;&nbsp;&nbsp;&nbsp;162113 | &nbsp;&nbsp;&nbsp;&nbsp;5450 |
|  | Hemnet Group AB | &nbsp;&nbsp;&nbsp;&nbsp;141181 | &nbsp;&nbsp;&nbsp;&nbsp;4066 |
| <sup>\*</sup> | Haypp Group AB | &nbsp;&nbsp;&nbsp;&nbsp;195135 | &nbsp;&nbsp;&nbsp;&nbsp;3049 |
| <sup>\*,1</sup> | BoneSupport Holding AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86506 | &nbsp;&nbsp;&nbsp;&nbsp;2918 |
|  | Billerud Aktiebolag | &nbsp;&nbsp;&nbsp;&nbsp;307564 | &nbsp;&nbsp;&nbsp;&nbsp;2611 |
|  | Bufab AB | &nbsp;&nbsp;&nbsp;&nbsp;227944 | &nbsp;&nbsp;&nbsp;&nbsp;2261 |
| <sup>\*</sup> | Cint Group AB | &nbsp;&nbsp;2201090 | &nbsp;&nbsp;&nbsp;&nbsp;1604 |
|  |  |  | &nbsp;&nbsp;**51722** |
| **Switzerland (3.7%)** | **Switzerland (3.7%)** | **Switzerland (3.7%)** | **Switzerland (3.7%)** |
|  | Ypsomed Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16351 | &nbsp;&nbsp;&nbsp;&nbsp;7823 |
|  | Bachem Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72914 | &nbsp;&nbsp;&nbsp;&nbsp;6143 |
|  | Sulzer AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28633 | &nbsp;&nbsp;&nbsp;&nbsp;5509 |
|  | PSP Swiss Property AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29329 | &nbsp;&nbsp;&nbsp;&nbsp;4976 |
| <sup>\*</sup> | Siegfried Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43746 | &nbsp;&nbsp;&nbsp;&nbsp;4891 |
|  | SKAN Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51071 | &nbsp;&nbsp;&nbsp;&nbsp;4684 |
| <sup>\*,1</sup> | Montana Aerospace AG | &nbsp;&nbsp;&nbsp;&nbsp;115317 | &nbsp;&nbsp;&nbsp;&nbsp;4016 |
|  | Emmi AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4025 | &nbsp;&nbsp;&nbsp;&nbsp;3664 |
|  | Kardex Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9030 | &nbsp;&nbsp;&nbsp;&nbsp;3477 |
|  | Tecan Group AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13884 | &nbsp;&nbsp;&nbsp;&nbsp;2749 |
| <sup>\*,1</sup> | Sensirion Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19873 | &nbsp;&nbsp;&nbsp;&nbsp;1969 |
|  | Comet Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6736 | &nbsp;&nbsp;&nbsp;&nbsp;1696 |
|  |  |  | &nbsp;&nbsp;**51597** |
| **Taiwan (2.4%)** | **Taiwan (2.4%)** | **Taiwan (2.4%)** | **Taiwan (2.4%)** |
|  | Chroma ATE Inc. | &nbsp;&nbsp;&nbsp;&nbsp;736888 | &nbsp;&nbsp;10552 |
|  | ASPEED Technology Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45672 | &nbsp;&nbsp;&nbsp;&nbsp;6917 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | Voltronic Power Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;144252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5666 |
|  | E Ink Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;448000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3050 |
|  | Sinbon Electronics Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2789 |
|  | Nien Made Enterprise Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2641 |
|  | Sporton International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;417000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2228 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**33843** |
| **Thailand (0.2%)** | **Thailand (0.2%)** | **Thailand (0.2%)** | **Thailand (0.2%)** |
|  | Bumrungrad Hospital PCL (Foreign) | &nbsp;&nbsp;&nbsp;&nbsp;517900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2694 |
| **United Kingdom (16.6%)** | **United Kingdom (16.6%)** | **United Kingdom (16.6%)** | **United Kingdom (16.6%)** |
|  | Rotork plc | &nbsp;&nbsp;3269998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14026 |
|  | Hammerson plc | &nbsp;&nbsp;2702360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10560 |
| <sup>\*</sup> | Currys plc | &nbsp;&nbsp;5832561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8679 |
|  | Diploma plc | &nbsp;&nbsp;&nbsp;&nbsp;122220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8652 |
|  | Cranswick plc | &nbsp;&nbsp;&nbsp;&nbsp;119994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8404 |
|  | Halma plc | &nbsp;&nbsp;&nbsp;&nbsp;184193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7881 |
|  | Telecom Plus plc | &nbsp;&nbsp;&nbsp;&nbsp;302192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7362 |
|  | Softcat plc | &nbsp;&nbsp;&nbsp;&nbsp;330851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7116 |
| <sup>\*</sup> | SigmaRoc plc | &nbsp;&nbsp;4661013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7081 |
|  | Baltic Classifieds Group plc | &nbsp;&nbsp;1392659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6590 |
|  | British Land Co. plc | &nbsp;&nbsp;1406728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6465 |
|  | 4imprint Group plc | &nbsp;&nbsp;&nbsp;&nbsp;136444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6463 |
| <sup>\*,1</sup> | Trainline plc | &nbsp;&nbsp;1768514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6351 |
|  | WH Smith plc | &nbsp;&nbsp;&nbsp;&nbsp;454752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6138 |
|  | Weir Group plc | &nbsp;&nbsp;&nbsp;&nbsp;173328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6089 |
| <sup>\*</sup> | Verona Pharma plc ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5877 |
|  | Games Workshop Group plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5698 |
|  | IMI plc | &nbsp;&nbsp;&nbsp;&nbsp;192587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5626 |
|  | Rightmove plc | &nbsp;&nbsp;&nbsp;&nbsp;520109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5613 |
|  | Fevertree Drinks plc | &nbsp;&nbsp;&nbsp;&nbsp;422284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5297 |
|  | easyJet plc | &nbsp;&nbsp;&nbsp;&nbsp;811783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5264 |
|  | Hill & Smith plc | &nbsp;&nbsp;&nbsp;&nbsp;194785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5243 |
|  | QinetiQ Group plc | &nbsp;&nbsp;&nbsp;&nbsp;734176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4813 |
|  | Tate & Lyle plc | &nbsp;&nbsp;&nbsp;&nbsp;658348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4648 |
| <sup>\*</sup> | Wise plc Class A | &nbsp;&nbsp;&nbsp;&nbsp;333237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4452 |
|  | Marks & Spencer Group plc | &nbsp;&nbsp;&nbsp;&nbsp;952407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4374 |
|  | Volution Group plc | &nbsp;&nbsp;&nbsp;&nbsp;482997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4281 |
|  | Babcock International Group plc | &nbsp;&nbsp;&nbsp;&nbsp;302182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4143 |
|  | Beazley plc | &nbsp;&nbsp;&nbsp;&nbsp;342401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4034 |
|  | Bellway plc | &nbsp;&nbsp;&nbsp;&nbsp;114778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3756 |
|  | Inchcape plc | &nbsp;&nbsp;&nbsp;&nbsp;376745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3487 |
|  | Genuit Group plc | &nbsp;&nbsp;&nbsp;&nbsp;678550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3485 |
|  | Elementis plc | &nbsp;&nbsp;1453792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3327 |
|  | Land Securities Group plc | &nbsp;&nbsp;&nbsp;&nbsp;436055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3316 |
|  | Marshalls plc | &nbsp;&nbsp;1213380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3311 |
|  | Genus plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3201 |
|  | Hiscox Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;187804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3197 |
| <sup>2</sup> | Pennon Group plc | &nbsp;&nbsp;&nbsp;&nbsp;430086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2841 |
| <sup>\*</sup> | Autolus Therapeutics plc ADR | &nbsp;&nbsp;1101950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2645 |
|  | Bank of Cyprus Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp;317287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2382 |
|  | ICG plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2363 |
|  | JET2 plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1836 |
| <sup>\*</sup> | Immunocore Holdings plc ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1703 |
| <sup>\*,1</sup> | Watches of Switzerland Group plc | &nbsp;&nbsp;&nbsp;&nbsp;294632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1355 |
| <sup>1</sup> | Auto Trader Group plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860 |
|  | BP Marsh & Partners plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763 |
|  | Howden Joinery Group plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;617 |
| <sup>3</sup> | Bank of Cyprus Holdings plc (XLON) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 |
| <sup>\*</sup> | Synthomer plc | &nbsp;&nbsp;&nbsp;&nbsp;360097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**232534** |
| **Total Common Stocks (Cost $1,127,250)** | **Total Common Stocks (Cost $1,127,250)** | **Total Common Stocks (Cost $1,127,250)** | **1347432** |
|  | Coupon |  |  |
| **Temporary Cash Investments (4.4%)** | **Temporary Cash Investments (4.4%)** | **Temporary Cash Investments (4.4%)** | **Temporary Cash Investments (4.4%)** |
| **Money Market Fund (3.9%)** | **Money Market Fund (3.9%)** | **Money Market Fund (3.9%)** | **Money Market Fund (3.9%)** |
| <sup>4,5</sup> | &nbsp;&nbsp;4.367% | &nbsp;&nbsp;&nbsp;&nbsp;549118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54907 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;Coupon | &nbsp;&nbsp;Maturity<br> Date | &nbsp;&nbsp;Face<br> Amount<br> ($000) | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| **Repurchase Agreements (0.5%)** | **Repurchase Agreements (0.5%)** | **Repurchase Agreements (0.5%)** | **Repurchase Agreements (0.5%)** | **Repurchase Agreements (0.5%)** |
| Goldman Sachs & Co.<br> (Dated 7/31/25, Repurchase Value $6,801, collateralized by U.S. Government Agency Obligations 4.000%, 12/1/45–4/1/59, with a value of $6,936) | &nbsp;&nbsp;4.370% | &nbsp;&nbsp;8/1/25 | &nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6800 |
| **Total Temporary Cash Investments (Cost $61,693)** | **Total Temporary Cash Investments (Cost $61,693)** | **Total Temporary Cash Investments (Cost $61,693)** | **Total Temporary Cash Investments (Cost $61,693)** | &nbsp;&nbsp;&nbsp;&nbsp;**61707** |
| **Total Investments (100.6%) (Cost $1,188,943)** | **Total Investments (100.6%) (Cost $1,188,943)** | **Total Investments (100.6%) (Cost $1,188,943)** |  | &nbsp;&nbsp;**1409139** |
| **Other Assets and Liabilities—Net (-0.6%)** | **Other Assets and Liabilities—Net (-0.6%)** | **Other Assets and Liabilities—Net (-0.6%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7826)** |
| **Net Assets (100%)** | **Net Assets (100%)** | **Net Assets (100%)** |  | &nbsp;&nbsp;**1401313** |

---

---

| | |
|:---|:---|
| Cost is in $000. | Cost is in $000. |
| \* | Non-income-producing security. |
| 1 | Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At July 31, 2025, the aggregate value was $75,249, representing 5.4% of net assets. |
| 2 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $14,373. |
| 3 | Security value determined using significant unobservable inputs. |
| 4 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
| 5 | Collateral of $15,381 was received for securities on loan. |

---

ADR—American Depositary Receipt. <br> GDR—Global Depositary Receipt. <br> REIT—Real Estate Investment Trust.

------

#### Derivative Financial Instruments Outstanding as of Period End

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Futures Contracts | Futures Contracts | Futures Contracts | Futures Contracts | Futures Contracts |
|  |  |  | ($000) | ($000) |
|  | Expiration | Number of<br> Long (Short)<br> Contracts | Notional<br> Amount | &nbsp;&nbsp;Value and<br> Unrealized<br> Appreciation<br> (Depreciation) |
| Long Futures Contracts | Long Futures Contracts | Long Futures Contracts | Long Futures Contracts | Long Futures Contracts |
| MSCI EAFE Index | September 2025 | 146 | 19078 | &nbsp;&nbsp;(184) |
| MSCI Emerging Markets Index | September 2025 | 154 | &nbsp;&nbsp;&nbsp;9535 | &nbsp;&nbsp;&nbsp;214 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;30 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Forward Currency Contracts | Forward Currency Contracts | Forward Currency Contracts | Forward Currency Contracts | Forward Currency Contracts | Forward Currency Contracts | Forward Currency Contracts | Forward Currency Contracts |
|  | Contract<br> Settlement<br> Date | &nbsp;&nbsp;&nbsp;Contract Amount (000) | &nbsp;&nbsp;&nbsp;Contract Amount (000) | &nbsp;&nbsp;&nbsp;Contract Amount (000) | &nbsp;&nbsp;&nbsp;Contract Amount (000) | &nbsp;&nbsp;&nbsp;Unrealized<br> Appreciation<br> ($000) | &nbsp;&nbsp;&nbsp;Unrealized<br> (Depreciation)<br> ($000) |
| Counterparty | Contract<br> Settlement<br> Date |  | &nbsp;&nbsp;&nbsp;Receive |  | &nbsp;&nbsp;&nbsp;Deliver | &nbsp;&nbsp;&nbsp;Unrealized<br> Appreciation<br> ($000) | &nbsp;&nbsp;&nbsp;Unrealized<br> (Depreciation)<br> ($000) |
| State Street Bank & Trust Co. | 9/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;38466 | &nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(7) |
| UBS AG | 9/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;10362 | &nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(3) |
| JPMorgan Chase Bank, N.A. | 9/17/25 | &nbsp;&nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;2707 | &nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(10) |
| JPMorgan Chase Bank, N.A. | 9/17/25 | &nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264 | &nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;— |
| UBS AG | 9/17/25 | &nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;1383 | &nbsp;&nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;13189 | &nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;&nbsp;&nbsp;— |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;33 | &nbsp;&nbsp;&nbsp;(20) |

---

---

| |
|:---|
| EUR—euro. |
| INR—Indian rupee. |
| SEK—Swedish krona. |
| USD—U.S. dollar. |

---

------

A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund's pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.

B. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund's pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).

C. Repurchase Agreements: The fund enters into repurchase agreements with institutional counterparties. Securities pledged as collateral to the fund under repurchase agreements are held by a custodian bank until the agreements mature, and in the absence of a default, such collateral cannot be repledged, resold, or rehypothecated. Each agreement requires that the market value of the collateral be sufficient to cover payments of interest and principal. The fund further mitigates its counterparty risk by entering into repurchase agreements only with a diverse group of prequalified counterparties, monitoring their financial strength, and entering into master repurchase agreements with its counterparties. The master repurchase agreements provide that, in the event of a counterparty's default (including bankruptcy), the fund may terminate any repurchase agreements with that counterparty, determine the net amount owed, and sell or retain the collateral up to the net amount owed to the fund. Such action may be subject to legal proceedings, which may delay or limit the disposition of collateral.

D. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objective of maintaining full exposure to the stock market while maintaining liquidity. The fund may purchase or sell futures contracts to achieve a desired level of investment, whether to accommodate portfolio turnover or cash flows from capital share transactions. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund's performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.

Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).

E. Forward Currency Contracts: The fund enters into forward currency contracts to protect the value of securities and related receivables and payables against changes in future foreign exchange rates. Risks associated with these types of forward currency contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty's default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund's net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.

Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. Fluctuations in the value of the contracts are recorded as an asset (liability).

F. Various inputs may be used to determine the value of the fund's investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

#### Level 1 —Quoted prices in active markets for identical securities.

#### Level 2 —Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
**Level 3—Significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.**

------

The following table summarizes the market value of the fund's investments and derivatives as of July 31, 2025, based on the inputs used to value them:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Level 1<br> ($000) | &nbsp;&nbsp;&nbsp;Level 2<br> ($000) | &nbsp;&nbsp;&nbsp;Level 3<br> ($000) | &nbsp;&nbsp;&nbsp;Total<br> ($000) |
| **Investments** |  |  |  |  |
| Assets |  |  |  |  |
| Common Stocks—North and South America | &nbsp;&nbsp;&nbsp;54743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2044 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56787 |
| Common Stocks—Other | &nbsp;&nbsp;&nbsp;81893 | &nbsp;&nbsp;&nbsp;1208272 | &nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;1290645 |
| Temporary Cash Investments | &nbsp;&nbsp;&nbsp;54907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61707 |
| Total | 191543 | &nbsp;&nbsp;&nbsp;1217116 | &nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;1409139 |
| **Derivative Financial Instruments** |  |  |  |  |
| Assets |  |  |  |  |
| Futures Contracts<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214 |
| Forward Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33 |
| Total | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247 |
| Liabilities |  |  |  |  |
| Futures Contracts<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(184) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(184) |
| Forward Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20) | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20) |
| Total | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(184) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20) | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(204) |

---

1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** VANGUARD WHITEHALL FUNDS

- **b. Investment Company Act file number:** 811-07443

- **c. CIK number of Registrant:** 0001004655

- **d. LEI of Registrant:** 5493006QD7VQBS2FQD13

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

  - **Street Address 1:** 100 Vanguard Boulevard

  - **City:** Malvern

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19355

  - **Telephone number:** 610-669-1000

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

- **a. Name of Series:** VANGUARD INTERNATIONAL EXPLORER FUND

- **b. EDGAR series identifier (if any):** S000004407

- **c. LEI of Series:** 88VXU7452NE7ZNF35F68

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $1407522270.93

**Total Liabilities:** $6083982.04

**Net Assets:** $1401438288.89

**Cash Not Reported:** $785840.99

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000012165 | 6.85%                | 4.87%                | -1.92%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6252827.36              | $75714813.26                               |
| Month 2  | $5358448.98              | $56527808.74                               |
| Month 3  | $26355625.72             | $-54490680.41                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sumitomo Rubber Industries Ltd                           | SUMITOMO RUBBER                | CUSIP: N/A<br>LEI: 353800JD4V72SJ3EOX37       | Long             | EC               | CORP              | JP        |     93284 | NS      | $1066186.83   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Europris ASA                                             | EUROPRIS ASA                   | CUSIP: N/A<br>LEI: 5967007LIEEXZXGA8G28       | Long             | EC               | CORP              | NO        |    489256 | NS      | $4582992.16   | 0.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dah Sing Banking Group Ltd                               | DAHSING BANKING                | CUSIP: N/A<br>LEI: 529900DXBMKJOLLQOM66       | Long             | EC               | CORP              | HK        |   1178000 | NS      | $1377152.15   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                      | SEK/USD FWD 20250917           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $32006.34     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ASPEED Technology Inc                                    | ASPEED TECH                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     45672 | NS      | $6916602.68   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Sensirion Holding AG                                     | SENSIRION HOLDIN               | CUSIP: N/A<br>LEI: 894500ANJ9YNE8YCTT04       | Long             | EC               | CORP              | CH        |     19873 | NS      | $1968892.18   | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Games Workshop Group PLC                                 | GAMES WORKSHOP                 | CUSIP: N/A<br>LEI: 213800RP9QJQYGWHNT41       | Long             | EC               | CORP              | GB        |     26593 | NS      | $5697874.84   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Nichias Corp                                             | NICHIAS CORP                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     66744 | NS      | $2553654.43   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Nabtesco Corp                                            | NABTESCO CORP                  | CUSIP: N/A<br>LEI: 529900DVHQXYRTGW7739       | Long             | EC               | CORP              | JP        |    267026 | NS      | $4912338.18   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                      | SEK/USD FWD 20250917           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-10309.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Sandfire Resources Ltd                                   | SANDFIRE RESOURC               | CUSIP: Q82191109<br>LEI: 213800ZW52P23FVH1V47 | Long             | EC               | CORP              | AU        |    187552 | NS      | $1261770.37   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Sulzer AG                                                | SULZER AG-REG                  | CUSIP: N/A<br>LEI: 529900NZ6MAST5IJF669       | Long             | EC               | CORP              | CH        |     22500 | NS      | $4329248.37   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Pennon Group PLC                                         | PENNON GRP PLC                 | CUSIP: N/A<br>LEI: 213800V1CCTS41GWH423       | Long             | EC               | CORP              | GB        |    430086 | NS      | $2841331.35   | 0.20%             |  |  |  | No            |                  2 | On Loan: —       |
| Hangzhou Tigermed Consulting Co Ltd                      | HANGZHOU TIGER-H               | CUSIP: N/A<br>LEI: 300300CP4N8WDF6DOO67       | Long             | EC               | CORP              | HK        |    323800 | NS      | $2298429.61   | 0.16%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kokusai Electric Corp                                    | KOKUSAI ELECTRIC               | CUSIP: N/A<br>LEI: 549300CDY6N3WKYK2I96       | Long             | EC               | CORP              | JP        |    170000 | NS      | $3752124.71   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Carmila SA                                               | CARMILA                        | CUSIP: N/A<br>LEI: 222100P6D3QKU33LZQ72       | Long             | EC               | CORP              | FR        |    187423 | NS      | $3682344.83   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Dino Polska SA                                           | DINO POLSKA SA                 | CUSIP: N/A<br>LEI: 259400H4L81SMPRTW956       | Long             | EC               | CORP              | PL        |    346160 | NS      | $4565207.86   | 0.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Koninklijke Vopak NV                                     | VOPAK                          | CUSIP: N/A<br>LEI: 724500UL634GFV1KYF10       | Long             | EC               | CORP              | NL        |    132338 | NS      | $6321918.95   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Schott Pharma AG & Co KGaA                               | SCHOTT PHARMA AG               | CUSIP: N/A<br>LEI: 529900TU48UE99NHEY88       | Long             | EC               | CORP              | DE        |    183128 | NS      | $4942497.85   | 0.35%             |  |  |  | No            |                  2 | On Loan: —       |
| Goldman Sachs & Co.                                      | GOLD TRIPARTY MORTGAGE         | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | Long             | RA               | CORP              | US        |   6800000 | PA      | $6800000.00   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Melisron Ltd                                             | MELISRON                       | CUSIP: N/A<br>LEI: 213800B9SL62L9VLO604       | Long             | EC               | CORP              | IL        |     51270 | NS      | $5903096.80   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Nova Ltd                                                 | NOVA LTD                       | CUSIP: M7516K103<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | US        |     20350 | NS      | $5343706.50   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Resorttrust Inc                                          | RESORTTRUST INC                | CUSIP: N/A<br>LEI: 353800FM9MYWH105SE11       | Long             | EC               | CORP              | JP        |    597685 | NS      | $7403806.19   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| MISUMI Group Inc                                         | MISUMI GROUP INC               | CUSIP: J43293109<br>LEI: 353800SJWGE5BEK2V032 | Long             | EC               | CORP              | JP        |    491627 | NS      | $7079444.99   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Trainline PLC                                            | TRAINLINE PLC                  | CUSIP: N/A<br>LEI: 213800HO26VXTFJ4MO71       | Long             | EC               | CORP              | GB        |   1768514 | NS      | $6350544.20   | 0.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Montage Gold Corp                                        | MONTAGE GOLD COR               | CUSIP: 61178L101<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   1375729 | NS      | $4289224.36   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PrairieSky Royalty Ltd                                   | PRAIRIESKY ROYAL               | CUSIP: 739721108<br>LEI: 529900AXG582AP7CV733 | Long             | EC               | CORP              | CA        |     56344 | NS      | $969022.46    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hakuhodo DY Holdings Inc                                 | HAKUHODO DY HOLD               | CUSIP: J19174101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    217569 | NS      | $1712145.80   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanwa Holdings Corp                                      | SANWA HOLDINGS                 | CUSIP: J6858G104<br>LEI: 5299003X6BCA4ROO5A70 | Long             | EC               | CORP              | JP        |     13977 | NS      | $381318.08    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Cyprus Holdings PLC                              | BANK OF CYPRUS H               | CUSIP: N/A<br>LEI: 635400L14KNHZXPUZM19       | Long             | EC               | CORP              | GB        |     96850 | NS      | $479643.57    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| Minth Group Ltd                                          | MINTH GROUP LTD                | CUSIP: G6145U109<br>LEI: 254900B2AH0G13K9G204 | Long             | EC               | CORP              | HK        |    393600 | NS      | $1299289.47   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| OW Bunker A/S                                            | OW BUNKER A/S                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | DK        |   1000000 | NS      | $7.64         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Nordnet AB publ                                          | NORDNET AB PUBL                | CUSIP: N/A<br>LEI: 549300D6WW5ZTWLZ4C08       | Long             | EC               | CORP              | SE        |    324615 | NS      | $8766584.97   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| BOC Aviation Ltd                                         | BOC AVIATION LTD               | CUSIP: N/A<br>LEI: 254900H06V5RMEB3KE72       | Long             | EC               | CORP              | HK        |    234381 | NS      | $2129344.70   | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Challenger Ltd                                           | CHALLENGER LTD                 | CUSIP: Q22685103<br>LEI: 529900ACCCAOHJ2V3169 | Long             | EC               | CORP              | AU        |   1075640 | NS      | $5653148.25   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Metals Acquisition Ltd                                   | MAC COPPER L-CDI               | CUSIP: N/A<br>LEI: 984500A55FX8DC465F12       | Long             | EC               | CORP              | AU        |    519007 | NS      | $6115251.98   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| ASX Ltd                                                  | ASX LTD                        | CUSIP: N/A<br>LEI: 549300VSBVYUCBIQKT71       | Long             | EC               | CORP              | AU        |    122553 | NS      | $5493331.99   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Visional Inc                                             | VISIONAL INC                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     30631 | NS      | $2394288.22   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Bachem Holding AG                                        | BACHEM HOLDING                 | CUSIP: N/A<br>LEI: 506700S81111XI7TG884       | Long             | EC               | CORP              | CH        |     72914 | NS      | $6142755.67   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Pharvaris NV                                             | PHARVARIS NV                   | CUSIP: N/A<br>LEI: 9845003BE146D3B75D32       | Long             | EC               | CORP              | US        |     72954 | NS      | $1450325.52   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| KBC Ancora                                               | KBC ANCORA                     | CUSIP: N/A<br>LEI: 549300I4XZ0RR3ZOSZ55       | Long             | EC               | CORP              | BE        |     77966 | NS      | $5667824.85   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Marshalls PLC                                            | MARSHALLS PLC                  | CUSIP: N/A<br>LEI: 213800S21IFC367J5V62       | Long             | EC               | CORP              | GB        |   1213380 | NS      | $3310810.13   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| CTS Eventim AG & Co KGaA                                 | CTS EVENTIM AG &               | CUSIP: D1648T108<br>LEI: 529900FDHSN08UBJII80 | Long             | EC               | CORP              | DE        |     89492 | NS      | $10105835.32  | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| THK Co Ltd                                               | THK CO LTD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    137471 | NS      | $3864170.38   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Elevator Service Holdings Co Ltd                   | JAPAN ELEVATOR S               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    308300 | NS      | $8230229.90   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Rotork PLC                                               | ROTORK PLC                     | CUSIP: G76717134<br>LEI: 213800AH5RZIHGWRJ718 | Long             | EC               | CORP              | GB        |   3269998 | NS      | $14025710.15  | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fevertree Drinks PLC                                     | FEVERTREE DRINKS               | CUSIP: N/A<br>LEI: 2138007AJRLHRVQZLD07       | Long             | EC               | CORP              | GB        |    422284 | NS      | $5297053.78   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhongsheng Group Holdings Ltd                            | ZHONGSHENG GROUP               | CUSIP: N/A<br>LEI: 3003005VYMEBAJNJ2Y26       | Long             | EC               | CORP              | HK        |    640547 | NS      | $1077471.67   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Harmonic Drive Systems Inc                               | HARMONIC DRIVE                 | CUSIP: N/A<br>LEI: 353800XFIX2EUARGOE85       | Long             | EC               | CORP              | JP        |    207900 | NS      | $3941615.82   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Judo Capital Holdings Ltd                                | JUDO CAPITAL HOL               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   2653509 | NS      | $2559139.33   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| E Ink Holdings Inc                                       | E INK HOLDINGS                 | CUSIP: N/A<br>LEI: 529900UOR451FJJYL571       | Long             | EC               | CORP              | TW        |    448000 | NS      | $3050527.86   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| BFF Bank SpA                                             | BFF BANK SPA                   | CUSIP: N/A<br>LEI: 815600522538355AE429       | Long             | EC               | CORP              | IT        |    412908 | NS      | $4902125.79   | 0.35%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Lynas Rare Earths Ltd                                    | LYNAS RARE EARTH               | CUSIP: N/A<br>LEI: 529900SGT9M1FJPXXI35       | Long             | EC               | CORP              | AU        |     23782 | NS      | $159800.83    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BoneSupport Holding AB                                   | BONESUPPORT HOLD               | CUSIP: N/A<br>LEI: 549300COLY053IGTLD63       | Long             | EC               | CORP              | SE        |     86506 | NS      | $2917884.56   | 0.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Currys PLC                                               | CURRYS PLC                     | CUSIP: N/A<br>LEI: 2138001E12GWLLDQQF16       | Long             | EC               | CORP              | GB        |   5832561 | NS      | $8679316.36   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| easyJet PLC                                              | EASYJET PLC                    | CUSIP: N/A<br>LEI: 2138001S47XKWIB7TH90       | Long             | EC               | CORP              | GB        |    811783 | NS      | $5263816.67   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Comet Holding AG                                         | COMET HOLDING-R                | CUSIP: N/A<br>LEI: 506700PGOL747J76WC96       | Long             | EC               | CORP              | CH        |      6736 | NS      | $1695994.39   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| BayCurrent Inc                                           | BAYCURRENT INC                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     25200 | NS      | $1446985.17   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| TIM SA/Brazil                                            | TIM SA                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |   1330600 | NS      | $4921239.39   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Siegfried Holding AG                                     | SIEGFRIED HO-REG               | CUSIP: N/A<br>LEI: 506700J9QD6IF3937W06       | Long             | EC               | CORP              | CH        |     43746 | NS      | $4891075.81   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Keppel DC REIT                                           | KEPPEL DC REIT                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |   2343790 | NS      | $4265281.34   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Hapvida Participacoes e Investimentos S/A                | HAPVIDA PARTICIP               | CUSIP: P5R526106<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    137371 | NS      | $811290.01    | 0.06%             |  |  |  | Yes           |                  1 | On Loan: No      |
| KOMEDA Holdings Co Ltd                                   | KOMEDA HOLDINGS                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    390100 | NS      | $7780331.35   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Tongcheng Travel Holdings Ltd                            | TONGCHENG TRAVEL               | CUSIP: N/A<br>LEI: 2549004WGGNOPL8NUL61       | Long             | EC               | CORP              | HK        |   1138000 | NS      | $2851408.03   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Fiverr International Ltd                                 | FIVERR INTERNATI               | CUSIP: M4R82T106<br>LEI: 549300Z8OREY6THCPF67 | Long             | EC               | CORP              | US        |    320918 | NS      | $7085869.44   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinfonia Technology Co Ltd                               | SINFONIA TECH                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     62054 | NS      | $3897284.96   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Bertrandt AG                                             | BERTRANDT AG                   | CUSIP: D1014N107<br>LEI: 529900DRBK1K538NYX30 | Long             | EC               | CORP              | DE        |     34128 | NS      | $752485.51    | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Eurogroup Laminations SpA                                | EUROGROUP LAMINA               | CUSIP: N/A<br>LEI: 8156004FC8565D73AE78       | Long             | EC               | CORP              | IT        |    202184 | NS      | $823287.76    | 0.06%             |  |  |  | No            |                  2 | On Loan: —       |
| Grupa Pracuj SA/Poland                                   | GRUPA PRACUJ SA                | CUSIP: N/A<br>LEI: 259400BSBFEIIIDAAL82       | Long             | EC               | CORP              | PL        |    181466 | NS      | $3092820.94   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Nifco Inc/Japan                                          | NIFCO INC                      | CUSIP: 654101104<br>LEI: 353800JMDOH68J9I5140 | Long             | EC               | CORP              | JP        |     95189 | NS      | $2322612.38   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Canada Goose Holdings Inc                                | CANADA GOOSE HOL               | CUSIP: 135086106<br>LEI: 529900891XBE6RV8JR07 | Long             | EC               | CORP              | CA        |     66167 | NS      | $723462.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| James Hardie Industries PLC                              | JAMES HARDIE-CDI               | CUSIP: N/A<br>LEI: 635400NSGXKTVOO7JU45       | Long             | EC               | CORP              | AU        |    130281 | NS      | $3419543.75   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| PALTAC Corp                                              | PALTAC CORPORATI               | CUSIP: J6349W106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    138157 | NS      | $3953640.32   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| MEG Energy Corp                                          | MEG ENERGY CORP                | CUSIP: 552704108<br>LEI: 5493002WXPTG5ZC1T326 | Long             | EC               | CORP              | CA        |     62778 | NS      | $1237346.41   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Financial Group Ltd                              | LIBERTY FINANCIA               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1094968 | NS      | $2716323.72   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Cibus Nordic Real Estate AB publ                         | CIBUS NORDIC PUB               | CUSIP: N/A<br>LEI: 549300PW36MFK96GCR23       | Long             | EC               | CORP              | SE        |    337707 | NS      | $5983464.70   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Warehouses De Pauw CVA                                   | WAREHOUSES DE PA               | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |    265574 | NS      | $6197480.07   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund        | Vanguard Market Liquidity Fund | CUSIP: N/A<br>LEI: 1I6HV0TLSTR3A4XQ6L78       | Long             | STIV             | CORP              | US        |        99 | NS      | $9914.96      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ypsomed Holding AG                                       | YPSOMED HOLD-REG               | CUSIP: N/A<br>LEI: 391200QLIOTTBNPNSI14       | Long             | EC               | CORP              | CH        |     16351 | NS      | $7823253.44   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Ireland Group PLC                                | BANK OF IRELAND                | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |    348846 | NS      | $4678017.99   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Tate & Lyle PLC                                          | TATE & LYLE                    | CUSIP: N/A<br>LEI: 2138008K14474WPKZ244       | Long             | EC               | CORP              | GB        |    658348 | NS      | $4648429.33   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Rohto Pharmaceutical Co Ltd                              | ROHTO PHARM                    | CUSIP: N/A<br>LEI: 353800Q1CW5OS81OUM12       | Long             | EC               | CORP              | JP        |     42000 | NS      | $599512.04    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Gas Co Ltd                                        | NIPPON GAS                     | CUSIP: N/A<br>LEI: 549300N3DC5V2XON9C60       | Long             | EC               | CORP              | JP        |    447700 | NS      | $8144353.10   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Autolus Therapeutics PLC                                 | AUTOLUS THERAPEU               | CUSIP: N/A<br>LEI: 549300C0KZP8EYROLL02       | Long             | EC               | CORP              | US        |   1101950 | NS      | $2644680.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Gas Chemical Co Inc                           | MITSUB GAS CHEM                | CUSIP: N/A<br>LEI: 529900G5O4J27ZPLJJ89       | Long             | EC               | CORP              | JP        |    285910 | NS      | $4939136.87   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Orora Ltd                                                | ORORA LTD                      | CUSIP: N/A<br>LEI: 549300WFEQJK35VDF789       | Long             | EC               | CORP              | AU        |   1487928 | NS      | $1974803.23   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| New Issuer: BB Company ID:71327236                       | PONY AI INC                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     54533 | NS      | $732923.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Digital Garage Inc                                       | DIGITAL GARAGE                 | CUSIP: N/A<br>LEI: 353800XMG9BC18FQ8862       | Long             | EC               | CORP              | JP        |    226300 | NS      | $5954529.26   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| GMO internet group Inc                                   | GMO INTERNET GRO               | CUSIP: N/A<br>LEI: 529900BFZEY3BESHBW90       | Long             | EC               | CORP              | JP        |    324500 | NS      | $8312838.57   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Subsea 7 SA                                              | SUBSEA 7 SA                    | CUSIP: N/A<br>LEI: 222100AIF0CBCY80AH62       | Long             | EC               | CORP              | NO        |     52648 | NS      | $1020264.32   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Water Inc                                            | AIR WATER INC                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    248945 | NS      | $3677592.01   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerry Properties Ltd                                     | KERRY PPT                      | CUSIP: N/A<br>LEI: 5299006T5ULIIRZ7LK49       | Long             | EC               | CORP              | HK        |   1475500 | NS      | $3939737.64   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Valeo SE                                                 | VALEO                          | CUSIP: N/A<br>LEI: 5493006IH2N2WMIBB742       | Long             | EC               | CORP              | FR        |    184320 | NS      | $2005304.48   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Starts Corp Inc                                          | STARTS CORP INC                | CUSIP: J76702109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     53412 | NS      | $1615039.56   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Alior Bank SA                                            | ALIOR BANK SA                  | CUSIP: N/A<br>LEI: 259400QHDOZWMJ103294       | Long             | EC               | CORP              | PL        |     80027 | NS      | $2156155.06   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| en Japan Inc                                             | EN JAPAN INC                   | CUSIP: J1312X108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    211966 | NS      | $2460907.92   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Almirall SA                                              | ALMIRALL SA                    | CUSIP: N/A<br>LEI: 95980020140005007996       | Long             | EC               | CORP              | ES        |    287181 | NS      | $3456840.17   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Real Estate Investment Corp                        | JAPAN REAL ESTAT               | CUSIP: N/A<br>LEI: 3538003YAIR3CBGJJ928       | Long             | EC               | CORP              | JP        |      4514 | NS      | $3661331.08   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                           | BAWAG GROUP AG                 | CUSIP: N/A<br>LEI: 529900S9YO2JHTIIDG38       | Long             | EC               | CORP              | AT        |    131711 | NS      | $16622925.56  | 1.19%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nissan Chemical Corp                                     | NISSAN CHEMICAL                | CUSIP: N/A<br>LEI: 3538002E4L1CUGJFFU25       | Long             | EC               | CORP              | JP        |    155517 | NS      | $5069662.26   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Intecc Co Ltd                                      | ASAHI INTECC CO                | CUSIP: N/A<br>LEI: 353800J3AV2SCNIO8L39       | Long             | EC               | CORP              | JP        |    177646 | NS      | $2764543.04   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Kansai Paint Co Ltd                                      | KANSAI PAINT                   | CUSIP: J30255129<br>LEI: 549300ERRV6FTKH9NN70 | Long             | EC               | CORP              | JP        |    175585 | NS      | $2486266.56   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Katitas Co Ltd                                           | KATITAS CO LTD                 | CUSIP: J30978100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    166900 | NS      | $2798614.52   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Dah Sing Financial Holdings Ltd                          | DAH SING                       | CUSIP: N/A<br>LEI: 529900J55QMXMR5KMH32       | Long             | EC               | CORP              | HK        |    987650 | NS      | $3663939.99   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| ICG PLC                                                  | ICG PLC                        | CUSIP: G4807D192<br>LEI: 549300OGASR5WRKJ8R68 | Long             | EC               | CORP              | GB        |     77566 | NS      | $2220913.79   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Socionext Inc                                            | SOCIONEXT INC                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    361745 | NS      | $6817019.32   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Charter Hall Group                                       | CHARTER HALL GRO               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    478166 | NS      | $6160392.06   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Wise PLC                                                 | WISE PLC - A                   | CUSIP: N/A<br>LEI: 213800LD9XCHIC1C4V71       | Long             | EC               | CORP              | GB        |    333237 | NS      | $4451710.09   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Hachijuni Bank Ltd/The                                   | HACHIJUNI BANK                 | CUSIP: N/A<br>LEI: FE70I3MHDCWOZWK19W48       | Long             | EC               | CORP              | JP        |    220400 | NS      | $1982862.70   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| JCDecaux SE                                              | JCDECAUX SE                    | CUSIP: N/A<br>LEI: 9695009KV7AFPDEI5S30       | Long             | EC               | CORP              | FR        |    346700 | NS      | $5699982.39   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Haypp Group AB                                           | HAYPP GROUP AB                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SE        |    195135 | NS      | $3048504.76   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyu Fudosan Holdings Corp                              | TOKYU FUDOSAN HD               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    987268 | NS      | $6961874.08   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| De' Longhi SpA                                           | DE'LONGHI SPA                  | CUSIP: N/A<br>LEI: 8156000E09A52C4F8A38       | Long             | EC               | CORP              | IT        |    109193 | NS      | $3581367.67   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Tochigi Bank Ltd/The                                     | TOCHIGI BANK LTD               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     10500 | NS      | $30849.59     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BP Marsh & Partners PLC                                  | B.P. MARSH & PAR               | CUSIP: N/A<br>LEI: 2138008G8EPE3HAHEM13       | Long             | EC               | CORP              | GB        |     83092 | NS      | $762549.04    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Resonac Holdings Corp                                    | RESONAC HOLDINGS               | CUSIP: N/A<br>LEI: 5493006AIPA1V92YPP18       | Long             | EC               | CORP              | JP        |    201393 | NS      | $4843128.85   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| MonotaRO Co Ltd                                          | MONOTARO CO LTD                | CUSIP: J46583100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    167900 | NS      | $2989782.08   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Moncler SpA                                              | MONCLER SPA                    | CUSIP: N/A<br>LEI: 815600EBD7FB00525B20       | Long             | EC               | CORP              | IT        |     95476 | NS      | $5091985.75   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                      | INR/USD FWD 20250917           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-2414.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Azimut Holding SpA                                       | AZIMUT HOLDING                 | CUSIP: N/A<br>LEI: 81560025690EF8540635       | Long             | EC               | CORP              | IT        |     33608 | NS      | $1142420.70   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| FLSmidth & Co A/S                                        | FLSMIDTH                       | CUSIP: N/A<br>LEI: 213800MXXDGQ3ITPXI41       | Long             | EC               | CORP              | DK        |    113278 | NS      | $6663732.22   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| TOTVS SA                                                 | TOTVS SA                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |   1096870 | NS      | $8542561.58   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| FireFly Metals Ltd                                       | FIREFLY METALS L               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CA        |   2664685 | NS      | $1865433.35   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Kardex Holding AG                                        | KARDEX HOLDI-REG               | CUSIP: N/A<br>LEI: 529900JKKMQ07D6QZ480       | Long             | EC               | CORP              | CH        |      9030 | NS      | $3477158.02   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Aeroportuario del Sureste SAB de CV                | AERO DEL SURES-B               | CUSIP: P4950Y100<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |     63094 | NS      | $1912519.11   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hill & Smith PLC                                         | HILL & SMITH PLC               | CUSIP: G45080101<br>LEI: 2138003A3ISGQZBOWI83 | Long             | EC               | CORP              | GB        |    194785 | NS      | $5242590.50   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Synthomer PLC                                            | SYNTHOMER PLC                  | CUSIP: G8650C102<br>LEI: 213800EHT3TI1KPQQJ56 | Long             | EC               | CORP              | GB        |    360097 | NS      | $388976.62    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Reply SpA                                                | REPLY SPA                      | CUSIP: T60326112<br>LEI: 815600DAEFB0388F3521 | Long             | EC               | CORP              | IT        |     31157 | NS      | $4880241.73   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Bumrungrad Hospital PCL                                  | BUMRUNGRAD HOS-F               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |    517900 | NS      | $2693510.71   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| DiaSorin SpA                                             | DIASORIN SPA                   | CUSIP: T3475Y104<br>LEI: 8156002878BDF0EE4348 | Long             | EC               | CORP              | IT        |     15063 | NS      | $1472635.61   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Hammerson PLC                                            | HAMMERSON PLC                  | CUSIP: G4273Q164<br>LEI: 213800G1C9KKVVDN1A60 | Long             | EC               | CORP              | GB        |   2702360 | NS      | $10560032.86  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Trigano SA                                               | TRIGANO SA                     | CUSIP: N/A<br>LEI: 969500KLZPNMO8TUM811       | Long             | EC               | CORP              | FR        |     28494 | NS      | $4859222.90   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Bufab AB                                                 | BUFAB AB                       | CUSIP: N/A<br>LEI: 5493002TF62S16D67T17       | Long             | EC               | CORP              | SE        |    227944 | NS      | $2260558.22   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                      | EUR/USD FWD 20250917           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1228.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nexans SA                                                | NEXANS SA                      | CUSIP: N/A<br>LEI: 96950015FU78G84UIV14       | Long             | EC               | CORP              | FR        |     47972 | NS      | $6894555.06   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Ibiden Co Ltd                                            | IBIDEN CO LTD                  | CUSIP: N/A<br>LEI: 52990051DBFIQEY37C91       | Long             | EC               | CORP              | JP        |    102900 | NS      | $4351758.71   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Tecan Group AG                                           | TECAN GROUP AG-R               | CUSIP: N/A<br>LEI: 529900CSN9R3BLETSL26       | Long             | EC               | CORP              | CH        |     13884 | NS      | $2748915.97   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Beazley PLC                                              | BEAZLEY PLC                    | CUSIP: G0936K107<br>LEI: 213800VTOMUWD41GIT12 | Long             | EC               | CORP              | GB        |    342401 | NS      | $4034419.83   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| M3 Inc                                                   | M3 INC                         | CUSIP: J4697J108<br>LEI: 3538001UOKRWIODYM055 | Long             | EC               | CORP              | JP        |    320319 | NS      | $3939539.46   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Faraday Copper Corp                                      | FARADAY COPPER C               | CUSIP: 307357103<br>LEI: 529900BNJJ4FLFL93V78 | Long             | EC               | CORP              | CA        |   3004425 | NS      | $2406835.85   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Bank SA                                            | ALPHA BANK SA                  | CUSIP: N/A<br>LEI: 213800DBQIB6VBNU5C64       | Long             | EC               | CORP              | GR        |    825943 | NS      | $3091614.82   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Telecom Plus PLC                                         | TELECOM PLUS PLC               | CUSIP: G8729H108<br>LEI: 549300QGHDX5UKE58G86 | Long             | EC               | CORP              | GB        |    302192 | NS      | $7362327.97   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| British Land Co PLC/The                                  | BRIT LAND CO PLC               | CUSIP: N/A<br>LEI: RV5B68J2GV3QGMRPW209       | Long             | EC               | CORP              | GB        |   1406728 | NS      | $6465230.11   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Aica Kogyo Co Ltd                                        | AICA KOGYO CO                  | CUSIP: J00252106<br>LEI: 353800I589BKZAOJD116 | Long             | EC               | CORP              | JP        |    285400 | NS      | $7027350.98   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Technoprobe SpA                                          | TECHNOPROBE SPA                | CUSIP: N/A<br>LEI: 8156007154CD8334D053       | Long             | EC               | CORP              | IT        |    526772 | NS      | $4322044.36   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Iluka Resources Ltd                                      | ILUKA RESOURCES                | CUSIP: N/A<br>LEI: 2549009N2Y1F4YNB0955       | Long             | EC               | CORP              | AU        |   1155018 | NS      | $3783874.48   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Watches of Switzerland Group PLC                         | WATCHES OF SWITZ               | CUSIP: N/A<br>LEI: 2138008ZOT5K9PJW7168       | Long             | EC               | CORP              | GB        |    294632 | NS      | $1355043.85   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| OBIC Business Consultants Co Ltd                         | OBIC BUSINESS                  | CUSIP: J59469106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    163006 | NS      | $9401361.46   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Crystal International Group Ltd                          | CRYSTAL INTERNAT               | CUSIP: G2701R101<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   1948500 | NS      | $1399937.00   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Immatics NV                                              | IMMATICS NV                    | CUSIP: N44445109<br>LEI: 984500DC691EZ96AF394 | Long             | EC               | CORP              | US        |    297837 | NS      | $1921048.65   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Topaz Energy Corp                                        | TOPAZ ENERGY COR               | CUSIP: 89055A203<br>LEI: 98450056D90CB02FQ571 | Long             | EC               | CORP              | CA        |     44085 | NS      | $819275.95    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fisher & Paykel Healthcare Corp Ltd                      | FISHER & PAYKEL                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    225126 | NS      | $4916374.98   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Zai Lab Ltd                                              | ZAI LAB LTD-ADR                | CUSIP: N/A<br>LEI: 549300P2UYQ9U5LY1T58       | Long             | EC               | CORP              | US        |     94289 | NS      | $3564124.20   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| EXEO Group Inc                                           | EXEO GROUP INC                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     22628 | NS      | $297220.80    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Forestry Co Ltd                                 | SUMITOMO FOREST                | CUSIP: N/A<br>LEI: 549300FIIRGO6D5FWR19       | Long             | EC               | CORP              | JP        |    664500 | NS      | $6675330.29   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Marui Group Co Ltd                                       | MARUI GROUP                    | CUSIP: N/A<br>LEI: 52990081ZYFHQZEEMU57       | Long             | EC               | CORP              | JP        |    285090 | NS      | $5806142.49   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Shandong Weigao Group Medical Polymer Co Ltd             | SHANDONG WEIG-H                | CUSIP: N/A<br>LEI: 5299005WQUU15JQU8S60       | Long             | EC               | CORP              | HK        |   2801469 | NS      | $2463637.38   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| WH Smith PLC                                             | WH SMITH PLC                   | CUSIP: G8927V149<br>LEI: 2138001KJNGUJ34G7X91 | Long             | EC               | CORP              | GB        |    454752 | NS      | $6138403.98   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Suisan Kaisha Ltd                                   | TOYO SUISAN KAI                | CUSIP: 892306101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     37200 | NS      | $2376657.76   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Wilcon Depot Inc                                         | WILCON DEPOT INC               | CUSIP: Y9584X105<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |   6400400 | NS      | $1097457.96   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Cochlear Ltd                                             | COCHLEAR LTD                   | CUSIP: N/A<br>LEI: 5493001OLLWY8KV5UC08       | Long             | EC               | CORP              | AU        |     17475 | NS      | $3567574.36   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Stockland                                                | STOCKLAND                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   2151922 | NS      | $7629183.99   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| PSP Swiss Property AG                                    | PSP SWISS PR-REG               | CUSIP: N/A<br>LEI: 50670042Y437P8X44F56       | Long             | EC               | CORP              | CH        |     29329 | NS      | $4976089.62   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Koito Manufacturing Co Ltd                               | KOITO MFG CO                   | CUSIP: J34899104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    105950 | NS      | $1354765.25   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Dfds A/S                                                 | DFDS A/S                       | CUSIP: N/A<br>LEI: 549300JZVW1Y1UZ5UK38       | Long             | EC               | CORP              | DK        |    129303 | NS      | $2321378.00   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                      | MSCI EmgMkt       Sep25        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |       154 | NC      | $214051.05    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mebuki Financial Group Inc                               | MEBUKI FINANCIAL               | CUSIP: N/A<br>LEI: 353800K1RXV3E3JAE812       | Long             | EC               | CORP              | JP        |   1994752 | NS      | $10815668.04  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| DMG Mori Co Ltd                                          | DMG MORI CO LTD                | CUSIP: N/A<br>LEI: 353800P4I3FIXTQV2E13       | Long             | EC               | CORP              | JP        |    263232 | NS      | $6082560.68   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Inchcape PLC                                             | INCHCAPE PLC                   | CUSIP: N/A<br>LEI: 213800RGEH1MPPNM2T57       | Long             | EC               | CORP              | GB        |    376745 | NS      | $3486724.08   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| KH Neochem Co Ltd                                        | KH NEOCHEM CO LT               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     50600 | NS      | $957694.79    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Fluidra SA                                               | FLUIDRA SA                     | CUSIP: N/A<br>LEI: 95980020140005026620       | Long             | EC               | CORP              | ES        |    248277 | NS      | $6192188.73   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Mani Inc                                                 | MANI INC                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    837200 | NS      | $7050081.25   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Hensoldt AG                                              | HENSOLDT AG                    | CUSIP: N/A<br>LEI: 894500686FYLLZD3M624       | Long             | EC               | CORP              | DE        |     24947 | NS      | $2734264.47   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| AddTech AB                                               | ADDTECH AB-B SH                | CUSIP: N/A<br>LEI: 549300QZ5U2IDRHPWL60       | Long             | EC               | CORP              | SE        |    162113 | NS      | $5449944.37   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Inaba Denki Sangyo Co Ltd                                | INABA DENKI SANG               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     12200 | NS      | $319938.68    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund        | Vanguard Market Liquidity Fund | CUSIP: N/A<br>LEI: 1I6HV0TLSTR3A4XQ6L78       | Long             | STIV             | CORP              | US        |    397387 | NS      | $39734700.13  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Recticel SA                                              | RECTICEL                       | CUSIP: N/A<br>LEI: 549300R8K43AXHYP5M15       | Long             | EC               | CORP              | BE        |    297518 | NS      | $3620372.59   | 0.26%             |  |  |  | No            |                  2 | On Loan: —       |
| DO & CO AG                                               | DO & CO AG                     | CUSIP: N/A<br>LEI: 5299002NFQKOBT1E8569       | Long             | EC               | CORP              | AT        |     37681 | NS      | $8500855.61   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Hypoport SE                                              | HYPOPORT SE                    | CUSIP: N/A<br>LEI: 391200GNIFXXP6KRYQ46       | Long             | EC               | CORP              | DE        |      2227 | NS      | $475228.04    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| PRADA SpA                                                | PRADA                          | CUSIP: N/A<br>LEI: 8156000FE0A2DC5B7852       | Long             | EC               | CORP              | HK        |    409600 | NS      | $2229398.88   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Kemira Oyj                                               | KEMIRA OYJ                     | CUSIP: N/A<br>LEI: 74370031Y7RK5H88CQ48       | Long             | EC               | CORP              | FI        |    180205 | NS      | $3835013.44   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| First International Bank Of Israel Ltd/The               | FIBI BANK                      | CUSIP: N/A<br>LEI: 2138002RV6AUUX19F397       | Long             | EC               | CORP              | IL        |     64739 | NS      | $4496615.55   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Hellenic Telecommunications Organization SA              | HELLENIC TELECOM               | CUSIP: N/A<br>LEI: ELPUFM0XZRZO4LFXW404       | Long             | EC               | CORP              | GR        |    207382 | NS      | $3758465.11   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| United Internet AG                                       | UNITED INTERN-RE               | CUSIP: N/A<br>LEI: 3VEKWPJHTD4NKMBVG947       | Long             | EC               | CORP              | DE        |    194079 | NS      | $5562885.52   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Auto Trader Group PLC                                    | AUTO TRADER                    | CUSIP: N/A<br>LEI: 213800QLK9BZILB1DI86       | Long             | EC               | CORP              | GB        |     77942 | NS      | $860463.71    | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cranswick PLC                                            | CRANSWICK PLC                  | CUSIP: G2504J108<br>LEI: 549300LDZLPU51XOSK43 | Long             | EC               | CORP              | GB        |    119994 | NS      | $8403545.84   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Cyprus Holdings PLC                              | BANK OF CYPRUS H               | CUSIP: N/A<br>LEI: 635400L14KNHZXPUZM19       | Long             | EC               | CORP              | GR        |    317287 | NS      | $2382457.06   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Borregaard ASA                                           | BORREGAARD ASA                 | CUSIP: N/A<br>LEI: 5967007LIEEXZXGYXC05       | Long             | EC               | CORP              | NO        |    221787 | NS      | $4278360.46   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyushu Electric Power Co Inc                             | KYUSHU ELEC PWR                | CUSIP: N/A<br>LEI: 549300BYNZPLKQVQH430       | Long             | EC               | CORP              | JP        |   1010870 | NS      | $8961465.67   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicaja Banco SA                                         | UNICAJA BANCO SA               | CUSIP: N/A<br>LEI: 5493007SJLLCTM6J6M37       | Long             | EC               | CORP              | ES        |    463852 | NS      | $1218724.40   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Persol Holdings Co Ltd                                   | PERSOL HOLDINGS                | CUSIP: J6367Q106<br>LEI: 3538000H6OI725NB2008 | Long             | EC               | CORP              | JP        |   1550578 | NS      | $2963850.53   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Nxera Pharma Co Ltd                                      | NXERA PHARMA CO                | CUSIP: N/A<br>LEI: 2138004M62BFNJMR2Z82       | Long             | EC               | CORP              | JP        |    319084 | NS      | $1922529.01   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Sapiens International Corp NV                            | SAPIENS INTL                   | CUSIP: G7T16G103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    235846 | NS      | $6464538.86   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Nien Made Enterprise Co Ltd                              | NIEN MADE                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    185000 | NS      | $2640821.76   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| NuVista Energy Ltd                                       | NUVISTA ENERGY                 | CUSIP: 67072Q104<br>LEI: 549300MG32TDSM60SX75 | Long             | EC               | CORP              | CA        |    232669 | NS      | $2458338.74   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                      | MSCI EAFE         Sep25        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |       146 | NC      | $-183868.42   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Adastria Co Ltd                                          | ADASTRIA CO LTD                | CUSIP: N/A<br>LEI: 353800DZZIJ399PIWU03       | Long             | EC               | CORP              | JP        |    241130 | NS      | $4788697.45   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| VGP NV                                                   | VGP                            | CUSIP: N/A<br>LEI: 315700NENYPIXFR94T49       | Long             | EC               | CORP              | BE        |     40621 | NS      | $4271695.62   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Steel Works Ltd/The                                | JAPAN STEEL WORK               | CUSIP: N/A<br>LEI: 529900AWFTILIHHO0936       | Long             | EC               | CORP              | JP        |     53254 | NS      | $3284578.26   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Airport Terminal Co Ltd                            | JAPAN AIR TERMIN               | CUSIP: N/A<br>LEI: 353800W9WEQSGUY2EO26       | Long             | EC               | CORP              | JP        |     74278 | NS      | $2255796.55   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| eGuarantee Inc                                           | EGUARANTEE INC                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    445457 | NS      | $4409966.25   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Aalberts NV                                              | AALBERTS NV                    | CUSIP: N00089271<br>LEI: 549300EMP9DT6Q35HZ31 | Long             | EC               | CORP              | NL        |    118794 | NS      | $3796927.16   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Camtek Ltd/Israel                                        | CAMTEK LTD                     | CUSIP: M20791105<br>LEI: 5493000H80W07HCKGS43 | Long             | EC               | CORP              | US        |     47074 | NS      | $4432017.10   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Hemnet Group AB                                          | HEMNET GROUP AB                | CUSIP: N/A<br>LEI: 5493008VIU67J3HUAR07       | Long             | EC               | CORP              | SE        |    141181 | NS      | $4065797.72   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| OKUMA Corp                                               | OKUMA CORP                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     63600 | NS      | $1730319.51   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Birchcliff Energy Ltd                                    | BIRCHCLIFF ENERG               | CUSIP: 090697103<br>LEI: 5493000BBN3EF2L0XW29 | Long             | EC               | CORP              | CA        |    374982 | NS      | $1826738.24   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Addiko Bank AG                                           | ADDIKO BANK AG                 | CUSIP: N/A<br>LEI: 529900UKZBMDBDZIXD62       | Long             | EC               | CORP              | AT        |     49146 | NS      | $1226110.44   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Rakuten Bank Ltd                                         | RAKUTEN BANK LTD               | CUSIP: N/A<br>LEI: 3538007HFAF2NOCBUE44       | Long             | EC               | CORP              | JP        |    172924 | NS      | $8055106.94   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Xero Ltd                                                 | XERO LTD                       | CUSIP: N/A<br>LEI: 254900UG5D8YST164N14       | Long             | EC               | CORP              | AU        |     52449 | NS      | $6040059.84   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| GMO Payment Gateway Inc                                  | GMO PAYMENT GATE               | CUSIP: J18229104<br>LEI: 353800Q6U21E2PM83F86 | Long             | EC               | CORP              | JP        |     52889 | NS      | $2947653.89   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Unibrew A/S                                        | ROYAL UNIBREW                  | CUSIP: N/A<br>LEI: 529900D69KFL8IAP8Q63       | Long             | EC               | CORP              | DK        |     54976 | NS      | $4112111.93   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Concordia Financial Group Ltd                            | CONCORDIA FG                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    989200 | NS      | $6559616.15   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Seria Co Ltd                                             | SERIA CO LTD                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    351300 | NS      | $6469743.53   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Elia Group SA/NV                                         | ELIA GROUP SA/NV               | CUSIP: N/A<br>LEI: 549300S1MP1NFDIKT460       | Long             | EC               | CORP              | BE        |     44825 | NS      | $5171610.42   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Marimaca Copper Corp                                     | MARIMACA COPPER CORP CAD PIPE  | CUSIP: N/A<br>LEI: 254900ZZYV59162NO535       | Long             | EC               | CORP              | US        |    317903 | NS      | $2044252.11   | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kanzhun Ltd                                              | KANZHUN LTD                    | CUSIP: N/A<br>LEI: 254900F4ZCBITP7L0251       | Long             | EC               | CORP              | US        |     87778 | NS      | $1664270.88   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Hospitals Enterprise Ltd                          | APOLLO HOSPITALS               | CUSIP: N/A<br>LEI: 3358005YT7JQCWYLTG43       | Long             | EC               | CORP              | IN        |     94810 | NS      | $8083104.47   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| SigmaRoc PLC                                             | SIGMAROC PLC                   | CUSIP: N/A<br>LEI: 213800Q3CJUERBGD1E44       | Long             | EC               | CORP              | GB        |   4661013 | NS      | $7080584.65   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Medincell SA                                             | MEDINCELL SA                   | CUSIP: N/A<br>LEI: 969500R79U6PXCL2FF46       | Long             | EC               | CORP              | FR        |    101991 | NS      | $1974389.71   | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Rightmove PLC                                            | RIGHTMOVE                      | CUSIP: G7565D106<br>LEI: 2138001JXGCFKBXYB828 | Long             | EC               | CORP              | GB        |    520109 | NS      | $5612754.18   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Italgas SpA                                              | ITALGAS SPA                    | CUSIP: N/A<br>LEI: 815600F25FF44EF1FA76       | Long             | EC               | CORP              | IT        |   1003764 | NS      | $8328603.97   | 0.59%             |  |  |  | No            |                  2 | On Loan: —       |
| Sibanye Stillwater Ltd                                   | SIBANYE-STI-ADR                | CUSIP: N/A<br>LEI: 378900F238434B74D281       | Long             | EC               | CORP              | US        |    245397 | NS      | $2051518.92   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SBI Holdings Inc                                         | SBI HOLDINGS INC               | CUSIP: N/A<br>LEI: 353800L6LMHYIPSMRQ17       | Long             | EC               | CORP              | JP        |    256800 | NS      | $9539571.44   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Rumo SA                                                  | RUMO SA                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |   2816345 | NS      | $8318944.61   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Real Estate Investment Trust                     | FORTUNE REIT                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |   3363000 | NS      | $2161413.48   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | LINEA DIRECTA AS               | CUSIP: N/A<br>LEI: 95980079E2NBJT967T79       | Long             | EC               | CORP              | ES        |   1388016 | NS      | $2138454.86   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNeVision Holdings Ltd                                  | SUNEVISION HLDGS               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |   3389734 | NS      | $3345808.23   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| QinetiQ Group PLC                                        | QINETIQ GROUP PL               | CUSIP: G7303P106<br>LEI: 213800S8OBDOZMCMUW34 | Long             | EC               | CORP              | GB        |    734176 | NS      | $4813329.85   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Volution Group PLC                                       | VOLUTION GROUP                 | CUSIP: N/A<br>LEI: 213800EPT84EQCDHO768       | Long             | EC               | CORP              | GB        |    482997 | NS      | $4281511.81   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimamura Co Ltd                                         | SHIMAMURA CO                   | CUSIP: J72208101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    128387 | NS      | $9296058.93   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Technogym SpA                                            | TECHNOGYM SPA                  | CUSIP: N/A<br>LEI: 815600B9149F66E77F76       | Long             | EC               | CORP              | IT        |    297454 | NS      | $4589497.01   | 0.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BE Semiconductor Industries NV                           | BE SEMICONDUCTOR               | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |     30313 | NS      | $4095645.72   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Softcat PLC                                              | SOFTCAT PLC                    | CUSIP: N/A<br>LEI: 213800N42YZLR9GLVC42       | Long             | EC               | CORP              | GB        |    330851 | NS      | $7115910.04   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Immunocore Holdings PLC                                  | IMMUNOCORE HOLDI               | CUSIP: N/A<br>LEI: 213800IUE3DFS84BVN18       | Long             | EC               | CORP              | US        |     51956 | NS      | $1702598.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Wienerberger AG                                          | WIENERBERGER AG                | CUSIP: N/A<br>LEI: 529900VXIFBHO0SW2I31       | Long             | EC               | CORP              | AT        |    160980 | NS      | $5396440.36   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Lasertec Corp                                            | LASERTEC CORP                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     25900 | NS      | $2609392.60   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| INVISIO AB                                               | INVISIO AB                     | CUSIP: N/A<br>LEI: 54930054EB7KX3MY2Q11       | Long             | EC               | CORP              | SE        |    175551 | NS      | $5688044.94   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Genesis Minerals Ltd                                     | GENESIS MINERALS               | CUSIP: N/A<br>LEI: 894500AK5BVRCNP0FP48       | Long             | EC               | CORP              | AU        |   1235813 | NS      | $2902630.85   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                      | INR/USD FWD 20250917           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-7403.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Weir Group PLC                                           | WEIR GROUP PLC                 | CUSIP: N/A<br>LEI: 549300KDR56WHY9I3D10       | Long             | EC               | CORP              | GB        |    173328 | NS      | $6089168.85   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Nufarm Ltd                                               | NUFARM LTD                     | CUSIP: N/A<br>LEI: 529900QVU58IVMPRWJ98       | Long             | EC               | CORP              | AU        |    426008 | NS      | $703483.85    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Storebrand ASA                                           | STOREBRAND ASA                 | CUSIP: N/A<br>LEI: 5967007LIEEXZX7NA051       | Long             | EC               | CORP              | NO        |    232846 | NS      | $3306480.77   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Stella International Holdings Ltd                        | STELLA INTERNATI               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |   1452813 | NS      | $2885347.00   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Stabilus SE                                              | STABILUS SE                    | CUSIP: N/A<br>LEI: 529900JOSL94HJN4VZ28       | Long             | EC               | CORP              | DE        |     68792 | NS      | $1972048.71   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Verona Pharma PLC                                        | VERONA PHAR-ADR                | CUSIP: N/A<br>LEI: 213800EVI6O6J3TIAL06       | Long             | EC               | CORP              | US        |     55921 | NS      | $5876737.89   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinbon Electronics Co Ltd                                | SINBON ELEC                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    345000 | NS      | $2788621.74   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Logista Integral SA                                      | LOGISTA                        | CUSIP: N/A<br>LEI: 9598000ANNAL42UJ7X28       | Long             | EC               | CORP              | ES        |    102733 | NS      | $3251555.71   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Sansan Inc                                               | SANSAN INC                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    134488 | NS      | $1701664.66   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| DOF Group ASA                                            | DOF GROUP ASA                  | CUSIP: N/A<br>LEI: 213800GIV9N2A714T434       | Long             | EC               | CORP              | NO        |    142525 | NS      | $1305004.16   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Techtronic Industries Co Ltd                             | TECHTRONIC IND                 | CUSIP: Y8563B159<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |    222000 | NS      | $2654599.02   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Park Systems Corp                                        | PARK SYSTEMS CO                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      6175 | NS      | $1218957.19   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Nishi-Nippon Financial Holdings Inc                      | NISHI-NIPPON FIN               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    362400 | NS      | $5724350.63   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Ayvens SA                                                | AYVENS SA                      | CUSIP: N/A<br>LEI: 969500E7V019H9NP7427       | Long             | EC               | CORP              | FR        |    434630 | NS      | $4670320.11   | 0.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Arcadis NV                                               | ARCADIS NV                     | CUSIP: N/A<br>LEI: 7245000UZH70GO047N03       | Long             | EC               | CORP              | NL        |    125460 | NS      | $6261425.32   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| SiteMinder Ltd                                           | SITEMINDER LTD                 | CUSIP: N/A<br>LEI: 254900PN89MZJ2AQST50       | Long             | EC               | CORP              | AU        |    474594 | NS      | $1573847.66   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Saipem SpA                                               | SAIPEM SPA                     | CUSIP: N/A<br>LEI: 549300PHV8MBDHWB8X12       | Long             | EC               | CORP              | IT        |    936666 | NS      | $2503738.29   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaufman & Broad SA                                       | KAUFMAN & BROAD                | CUSIP: N/A<br>LEI: 969500CE0X343D8ALO86       | Long             | EC               | CORP              | FR        |     58195 | NS      | $2073398.49   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Peyto Exploration & Development Corp                     | PEYTO EXPL & DEV               | CUSIP: 717046106<br>LEI: 549300WZKJ63UJDWP310 | Long             | EC               | CORP              | CA        |    134621 | NS      | $1888735.74   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Mining Corp                                       | LUNDIN MINING CO               | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |    213751 | NS      | $2182864.21   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Trusco Nakayama Corp                                     | TRUSCO NAKAYAMA                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    242500 | NS      | $3531805.99   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Emmi AG                                                  | EMMI AG-REG                    | CUSIP: N/A<br>LEI: 529900Q53RBYJIVCMA08       | Long             | EC               | CORP              | CH        |      4025 | NS      | $3663767.85   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Aedifica SA                                              | AEDIFICA                       | CUSIP: N/A<br>LEI: 529900DTKNXL0AXQFN28       | Long             | EC               | CORP              | BE        |     22685 | NS      | $1669343.85   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Billerud Aktiebolag                                      | BILLERUD AB                    | CUSIP: N/A<br>LEI: 549300YJUYJ9A24RXL71       | Long             | EC               | CORP              | SE        |    307564 | NS      | $2611441.16   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| D'ieteren Group                                          | D'IETEREN GROUP                | CUSIP: N/A<br>LEI: 549300DV5KJ23OKVTW34       | Long             | EC               | CORP              | BE        |     14310 | NS      | $2826700.59   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Oberoi Realty Ltd                                        | OBEROI REALTY                  | CUSIP: N/A<br>LEI: 335800TCKG1XQXN51L44       | Long             | EC               | CORP              | IN        |    342928 | NS      | $6348410.70   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Sporton International Inc                                | SPORTON INTL                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    417000 | NS      | $2228596.06   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Irish Residential Properties REIT PLC                    | IRISH RESIDENTIA               | CUSIP: N/A<br>LEI: 635400EOPACLULRENY18       | Long             | EC               | CORP              | IE        |   1299994 | NS      | $1446739.70   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Rorze Corp                                               | RORZE CORP                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    302000 | NS      | $4060860.40   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Kawasaki Heavy Industries Ltd                            | KAWASAKI HVY IND               | CUSIP: N/A<br>LEI: 5493008FFSI8SQ74AT93       | Long             | EC               | CORP              | JP        |     51910 | NS      | $3791145.92   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| IMI PLC                                                  | IMI PLC                        | CUSIP: G47152114<br>LEI: 2138002W9Q21PF751R30 | Long             | EC               | CORP              | GB        |    192587 | NS      | $5626416.93   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Bellway PLC                                              | BELLWAY PLC                    | CUSIP: N/A<br>LEI: 213800CY4L3HST4FGZ98       | Long             | EC               | CORP              | GB        |    114778 | NS      | $3756455.31   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Wendel SE                                                | WENDEL                         | CUSIP: F98370103<br>LEI: 969500M98ZMIZYJD5O34 | Long             | EC               | CORP              | FR        |      4511 | NS      | $422706.75    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| COMSYS Holdings Corp                                     | COMSYS HOLDINGS                | CUSIP: N/A<br>LEI: 529900BXEDA1UA6QX260       | Long             | EC               | CORP              | JP        |      2756 | NS      | $63180.94     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sega Sammy Holdings Inc                                  | SEGA SAMMY HOLD                | CUSIP: N/A<br>LEI: 5493006B6WMKNQ8QNP51       | Long             | EC               | CORP              | JP        |    443242 | NS      | $9060862.55   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Penta-Ocean Construction Co Ltd                          | PENTA-OCEAN CONS               | CUSIP: N/A<br>LEI: 529900QN42Q9UIW3AS17       | Long             | EC               | CORP              | JP        |    667534 | NS      | $4319870.87   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| SimilarWeb Ltd                                           | SIMILARWEB LTD                 | CUSIP: N/A<br>LEI: 254900GWO7PNBAYCPJ12       | Long             | EC               | CORP              | US        |    501258 | NS      | $4190516.88   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Montana Aerospace AG                                     | MONTANA AEROSPAC               | CUSIP: N/A<br>LEI: 506700YRG9330Q97U450       | Long             | EC               | CORP              | CH        |    115317 | NS      | $4016476.33   | 0.29%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nova Ljubljanska Banka dd                                | NOVA LJUBLJ-REGS               | CUSIP: N/A<br>LEI: 5493001BABFV7P27OW30       | Long             | EC               | CORP              | GB        |    130177 | NS      | $4815025.40   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Diploma PLC                                              | DIPLOMA PLC                    | CUSIP: G27664112<br>LEI: 2138008OGI7VYG8FGR19 | Long             | EC               | CORP              | GB        |    122220 | NS      | $8651950.30   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Financial Ltd                                    | PHOENIX FIN LTD                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |    135341 | NS      | $4611489.26   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Daifuku Co Ltd                                           | DAIFUKU CO LTD                 | CUSIP: N/A<br>LEI: 3538006FG1W4X3MYHL36       | Long             | EC               | CORP              | JP        |    298300 | NS      | $7551826.88   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Marks & Spencer Group PLC                                | MARKS & SPENCER                | CUSIP: N/A<br>LEI: 213800EJP14A79ZG1X44       | Long             | EC               | CORP              | GB        |    952407 | NS      | $4374016.81   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Maruwa Co Ltd/Aichi                                      | MARUWA CO LTD                  | CUSIP: N/A<br>LEI: 3538009BXGIG8PFXNI29       | Long             | EC               | CORP              | JP        |     17780 | NS      | $5359205.65   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Canon Marketing Japan Inc                                | CANON MARKETING                | CUSIP: N/A<br>LEI: 529900WMTZBIIROD5K97       | Long             | EC               | CORP              | JP        |    167185 | NS      | $6040109.13   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| ABC-Mart Inc                                             | ABC-MART INC                   | CUSIP: N/A<br>LEI: 353800AXWW4CMTSJWL33       | Long             | EC               | CORP              | JP        |    308295 | NS      | $5769240.64   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Babcock International Group PLC                          | BABCOCK INTL GRP               | CUSIP: N/A<br>LEI: 213800TSKOLX4EU6L377       | Long             | EC               | CORP              | GB        |    302182 | NS      | $4143015.54   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Seimitsu Co Ltd                                    | TOKYO SEIMITSU                 | CUSIP: J87903100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     88918 | NS      | $5531563.28   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| FP Corp                                                  | FP CORP                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    353191 | NS      | $6296359.55   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Baltic Classifieds Group PLC                             | BALTIC CLASSIFIE               | CUSIP: N/A<br>LEI: 213800I1RPHCFSSQS969       | Long             | EC               | CORP              | GB        |   1392659 | NS      | $6589687.22   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Lintec Corp                                              | LINTEC CORP                    | CUSIP: N/A<br>LEI: 3538002YOJO0IAM1PD28       | Long             | EC               | CORP              | JP        |      2698 | NS      | $54096.91     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NTG Nordic Transport Group A/S                           | NTG NORDIC TRANS               | CUSIP: N/A<br>LEI: 529900PZWXV8JX89K947       | Long             | EC               | CORP              | DK        |     34410 | NS      | $1031267.63   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| 4imprint Group PLC                                       | 4IMPRINT GROUP                 | CUSIP: G36555103<br>LEI: 213800G95T751RN2CT94 | Long             | EC               | CORP              | GB        |    136444 | NS      | $6462901.06   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Konecranes Oyj                                           | KONECRANES OYJ                 | CUSIP: N/A<br>LEI: 549300EF0CDEQZBMA096       | Long             | EC               | CORP              | FI        |     86477 | NS      | $7206314.22   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Ai Holdings Corp                                         | AI HOLDINGS CORP               | CUSIP: J0060P101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    380700 | NS      | $6093440.20   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Ascendis Pharma A/S                                      | ASCENDIS PHA-ADR               | CUSIP: N/A<br>LEI: 549300B66JN3W3J8GH73       | Long             | EC               | CORP              | US        |     18546 | NS      | $3217731.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Voltronic Power Technology Corp                          | VOLTRONIC POWER                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    144252 | NS      | $5666156.81   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| ENN Energy Holdings Ltd                                  | ENN ENERGY                     | CUSIP: N/A<br>LEI: 549300V7BXPWT6WIPR03       | Long             | EC               | CORP              | HK        |    452234 | NS      | $3685717.17   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Cint Group AB                                            | CINT GROUP AB                  | CUSIP: N/A<br>LEI: 549300KSY3P5G8XC0A34       | Long             | EC               | CORP              | SE        |   2201090 | NS      | $1604292.14   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyotokeiba Co Ltd                                      | TOKYOTOKEIBA                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     51462 | NS      | $1773485.25   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Allfunds Group Plc                                       | ALLFUNDS GROUP P               | CUSIP: N/A<br>LEI: 9598005U8TZQ8Q64SC71       | Long             | EC               | CORP              | NL        |    508438 | NS      | $3520532.14   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Howden Joinery Group PLC                                 | HOWDEN JOINERY G               | CUSIP: N/A<br>LEI: 213800KC1LJOJTY3JP45       | Long             | EC               | CORP              | GB        |     53265 | NS      | $616626.29    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Gaztransport Et Technigaz SA                             | GAZTRANSPORT                   | CUSIP: N/A<br>LEI: 969500BVOHVZUUFWDT54       | Long             | EC               | CORP              | FR        |      9928 | NS      | $1867313.46   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Elementis PLC                                            | ELEMENTIS PLC                  | CUSIP: N/A<br>LEI: 549300LQIH685LI2ML36       | Long             | EC               | CORP              | GB        |   1453792 | NS      | $3326646.96   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Evolution Mining Ltd                                     | EVOLUTION MINING               | CUSIP: N/A<br>LEI: 254900BCFW5QO5LW8F27       | Long             | EC               | CORP              | AU        |    908063 | NS      | $4109641.30   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Bankinter SA                                             | BANKINTER                      | CUSIP: N/A<br>LEI: VWMYAEQSTOPNV0SUGU82       | Long             | EC               | CORP              | ES        |    431117 | NS      | $6153865.44   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Merus NV                                                 | MERUS NV                       | CUSIP: N5749R100<br>LEI: 549300W8GPUWU8QNU293 | Long             | EC               | CORP              | US        |     81603 | NS      | $5405382.72   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnoPro Holdings Inc                                   | TECHNOPRO HOLDIN               | CUSIP: N/A<br>LEI: 3538001DJ8I5PJQNHU53       | Long             | EC               | CORP              | JP        |    177183 | NS      | $5611421.87   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Densetsu Kogyo Co Ltd                             | NIPPON DENSETSU                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    469200 | NS      | $8908854.73   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Genuit Group PLC                                         | GENUIT GROUP PLC               | CUSIP: N/A<br>LEI: 2138005IF1N2RKJ6KO18       | Long             | EC               | CORP              | GB        |    678550 | NS      | $3485380.32   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Miura Co Ltd                                             | MIURA CO LTD                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    301400 | NS      | $6009720.66   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Deterra Royalties Ltd                                    | DETERRA ROYALTIE               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    715170 | NS      | $1893749.14   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Thule Group AB                                           | THULE GROUP AB/T               | CUSIP: N/A<br>LEI: 549300XHHOGBOERKU333       | Long             | EC               | CORP              | SE        |    329722 | NS      | $9325124.46   | 0.67%             |  |  |  | Yes           |                  2 | On Loan: No      |
| JET2 PLC                                                 | JET2 PLC                       | CUSIP: G5112P101<br>LEI: I72RQ3PNLDPW8R7JIJ56 | Long             | EC               | CORP              | GB        |     85716 | NS      | $1835980.78   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| ALK-Abello A/S                                           | ALK-ABELLO A/S                 | CUSIP: N/A<br>LEI: 529900SGCREUZCZ7P020       | Long             | EC               | CORP              | DK        |    109795 | NS      | $3185574.20   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| iShares MSCI EAFE Small-Cap ETF                          | ISHARES MSCI EAF               | CUSIP: 464288273<br>LEI: 549300MJV5OZGVS4LX86 | Long             | EC               | RF                | US        |    253693 | NS      | $18369910.13  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MEC Co Ltd                                               | MEC CO LTD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     49300 | NS      | $912564.82    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Brunello Cucinelli SpA                                   | BRUNELLO CUCINEL               | CUSIP: N/A<br>LEI: 5493003CX2RZ0FOBH256       | Long             | EC               | CORP              | IT        |     22582 | NS      | $2532409.89   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| IMAX Corp                                                | IMAX CORP                      | CUSIP: 45245E109<br>LEI: 5493002KS2T1Q0X7VZ21 | Long             | EC               | CORP              | US        |    121696 | NS      | $3138539.84   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund        | Vanguard Market Liquidity Fund | CUSIP: N/A<br>LEI: 1I6HV0TLSTR3A4XQ6L78       | Long             | STIV             | CORP              | US        |    148889 | NS      | $14887370.16  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PB Fintech Ltd                                           | PB FINTECH LTD                 | CUSIP: N/A<br>LEI: 98450083AC6B01HF1F87       | Long             | EC               | CORP              | IN        |      3373 | NS      | $69217.35     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NGEx Minerals Ltd                                        | NGEX MINERALS LT               | CUSIP: 65343P103<br>LEI: 549300M2DU5ORAGOIG27 | Long             | EC               | CORP              | CA        |    540393 | NS      | $7632427.11   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Ringkjoebing Landbobank A/S                              | RINGKJOEBING LND               | CUSIP: N/A<br>LEI: 2138002M5U5K4OUMVV62       | Long             | EC               | CORP              | DK        |     16108 | NS      | $3551033.20   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Chroma ATE Inc                                           | CHROMA ATE                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    736888 | NS      | $10551713.23  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Hiscox Ltd                                               | HISCOX LTD                     | CUSIP: G4593F138<br>LEI: 5493007JXOLJ0QCY2D70 | Long             | EC               | CORP              | GB        |    187804 | NS      | $3197416.38   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Kobe Bussan Co Ltd                                       | KOBE BUSSAN CO L               | CUSIP: J3478K102<br>LEI: 353800CJIFNHN2DXRD59 | Long             | EC               | CORP              | JP        |    263700 | NS      | $7022154.26   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Kissei Pharmaceutical Co Ltd                             | KISSEI PHARM CO                | CUSIP: J33652108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    257100 | NS      | $7574587.45   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashok Leyland Ltd                                        | ASHOK LEYLAND                  | CUSIP: N/A<br>LEI: 3358001BZKWERVWYCK35       | Long             | EC               | CORP              | IN        |    482076 | NS      | $662498.65    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Halma PLC                                                | HALMA PLC                      | CUSIP: G42504103<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |    184193 | NS      | $7881343.57   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Traxion SAB de CV                                  | GRUPO TRAXION SA               | CUSIP: N/A<br>LEI: 4469000001BS6B603745       | Long             | EC               | CORP              | MX        |    755461 | NS      | $663556.26    | 0.05%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Genus PLC                                                | GENUS PLC                      | CUSIP: G3827X105<br>LEI: 54930022EOITNKSIGH56 | Long             | EC               | CORP              | GB        |     97742 | NS      | $3201139.59   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Fukushima Galilei Co Ltd                                 | GALILEI CO LTD                 | CUSIP: J16034100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    292800 | NS      | $6422743.35   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Tower Semiconductor Ltd                                  | TOWER SEMICONDCT               | CUSIP: M87915274<br>LEI: 54930086ZSNXZOUX0C54 | Long             | EC               | CORP              | US        |     85437 | NS      | $3908742.75   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ASKUL Corp                                               | ASKUL CORP                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    378554 | NS      | $3780927.45   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| SKAN Group AG                                            | SKAN GROUP AG                  | CUSIP: N/A<br>LEI: 506700N25H370ZSEFR11       | Long             | EC               | CORP              | CH        |     51071 | NS      | $4683668.90   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Land Securities Group PLC                                | LAND SECURITIES                | CUSIP: N/A<br>LEI: 213800V8IAVKS37D6B88       | Long             | EC               | CORP              | GB        |    436055 | NS      | $3316173.98   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Kureha Corp                                              | KUREHA CORP                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    341200 | NS      | $7781146.62   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-25

**Name of Applicant:** VANGUARD WHITEHALL FUNDS

**Signature:** Ashley Grim

**Name of Signer:** Ashley Grim

**Title:** Treasurer