Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CXT	CRANE NXT CO	1,819,078	$93.06M	1.6%	$51.16	—	COM	224441105
KFY	KORN FERRY	747,958	$49.8M	0.8%	$66.58	—	COM NEW	500643200
DCI	DONALDSON INC	530,933	$47.66M	0.8%	$89.77	—	COM	257651109
UGI	UGI CORP NEW	1,338,417	$46.23M	0.8%	$34.54	—	COM	902681105
KBR	KBR INC	1,336,414	$46.15M	0.8%	$34.53	—	COM	48242W106
OC	OWENS CORNING NEW	285,846	$45.44M	0.8%	$158.96	—	COM	690742101
HD	HOME DEPOT INC	102,135	$36.02M	0.6%	$352.68	—	COM	437076102
WFRD	WEATHERFORD INTL PLC	436,432	$35.57M	0.6%	$81.50	—	ORD SHS	G48833118
SIRI	SIRIUSXM HOLDINGS INC	1,120,872	$33.11M	0.6%	$29.54	—	COMMON STOCK	829933100
CMC	COMMERCIAL METALS CO	452,343	$28.38M	0.5%	$62.75	—	COM	201723103
PTEN	PATTERSON-UTI ENERGY INC	2,789,761	$25.61M	0.4%	$9.18	—	COM	703481101
SHOO	MADDEN STEVEN LTD	596,373	$25.11M	0.4%	$42.10	—	COM	556269108
ABM	ABM INDS INC	532,205	$23.54M	0.4%	$44.24	—	COM	000957100
GNTX	GENTEX CORP	924,891	$23.37M	0.4%	$25.27	—	COM	371901109
SIGI	SELECTIVE INS GROUP INC	204,539	$19.84M	0.3%	$97.01	—	COM	816300107
TEL	TE CONNECTIVITY PLC	95,575	$19.27M	0.3%	$201.61	—	ORD SHS	G87052109
LCII	LCI INDS	164,401	$17.41M	0.3%	$105.88	—	COM	50189K103
CUZ	COUSINS PPTYS INC	378,962	$11.36M	0.2%	$29.98	—	COM NEW	222795502
AU	ANGLOGOLD ASHANTI PLC	85,776	$6.938M	0.1%	$80.89	—	COM SHS	G0378L100
CCS	CENTURY COMMUNITIES INC	59,959	$4.297M	0.1%	$71.66	—	COM	156504300
MCFT	MASTERCRAFT BOAT HLDGS INC	100,869	$2.604M	0.0%	$25.82	—	COM	57637H103
VTOL	BRISTOW GROUP INC	57,572	$2.379M	0.0%	$41.32	—	COM	11040G103
CASS	CASS INFORMATION SYS INC	45,664	$2.343M	0.0%	$51.32	—	COM	14808P109

Increased Positions (54)

NWL NEWELL BRANDS INC 2.2%

Value $133M (+111.1%) Shares 21,683,591 (+17.9%) Est. Cost $8.83 Unrealized —

MSFT MICROSOFT CORP 1.5%

Value $87.99M (+196.5%) Shares 235,894 (+194.2%) Est. Cost $393.95 Unrealized —

PRMB PRIMO BRANDS CORPORATION 2.0%

Value $116M (+61.2%) Shares 4,759,883 (+24.2%) Est. Cost $19.78 Unrealized —

RHI ROBERT HALF INC. 1.3%

Value $78.84M (+58.4%) Shares 2,567,963 (+31.0%) Est. Cost $43.02 Unrealized —

FLS FLOWSERVE CORP 1.7%

Value $100M (+30.5%) Shares 1,354,989 (+29.4%) Est. Cost $48.72 Unrealized —

ABT ABBOTT LABORATORIES 0.7%

Value $44.5M (+76.9%) Shares 490,439 (+100.2%) Est. Cost $103.06 Unrealized —

AVY AVERY DENNISON CORP 0.8%

Value $45.72M (+70.6%) Shares 281,636 (+81.5%) Est. Cost $177.09 Unrealized —

MLKN MILLERKNOLL INC 0.9%

Value $53.97M (+50.7%) Shares 2,637,711 (+6.5%) Est. Cost $20.64 Unrealized —

RPM RPM INTL INC 0.9%

Value $55.33M (+48.2%) Shares 497,828 (+32.5%) Est. Cost $110.03 Unrealized —

IPAR INTERPARFUMS INC 0.8%

Value $47.84M (+58.0%) Shares 427,722 (+28.3%) Est. Cost $99.62 Unrealized —

POOL POOL CORP 0.8%

Value $50.33M (+45.8%) Shares 234,224 (+37.2%) Est. Cost $251.20 Unrealized —

LPX LOUISIANA PAC CORP 1.2%

Value $70.17M (+24.0%) Shares 892,047 (+14.7%) Est. Cost $87.74 Unrealized —

FELE FRANKLIN ELEC INC 0.3%

Value $17.26M (+334.3%) Shares 161,013 (+273.4%) Est. Cost $105.38 Unrealized —

TTC TORO CO 0.9%

Value $52.55M (+29.1%) Shares 539,399 (+23.8%) Est. Cost $80.70 Unrealized —

SMG SCOTTS MIRACLE-GRO CO 1.3%

Value $77.82M (+17.7%) Shares 1,142,587 (+5.1%) Est. Cost $57.86 Unrealized —

NSSC NAPCO SEC TECHNOLOGIES INC 0.3%

Value $15.52M (+231.8%) Shares 408,632 (+244.1%) Est. Cost $37.14 Unrealized —

AIN ALBANY INTL CORP 0.6%

Value $33.38M (+45.6%) Shares 448,069 (+2.1%) Est. Cost $52.92 Unrealized —

NOG NORTHERN OIL & GAS INC 0.4%

Value $24.96M (-27.0%) Shares 1,375,011 (+17.6%) Est. Cost $21.79 Unrealized —

VFC V F CORP 0.9%

Value $52.94M (+20.3%) Shares 3,173,718 (+22.5%) Est. Cost $14.76 Unrealized —

KFRC KFORCE INC 0.4%

Value $22.39M (+64.3%) Shares 477,128 (+2.4%) Est. Cost $35.31 Unrealized —

COF CAPITAL ONE FINL CORP 0.5%

Value $29.49M (+38.7%) Shares 147,010 (+26.1%) Est. Cost $194.03 Unrealized —

MGEE MGE ENERGY INC 0.5%

Value $28.61M (+33.6%) Shares 350,904 (+26.6%) Est. Cost $80.16 Unrealized —

COLM COLUMBIA SPORTSWEAR CO 0.6%

Value $34.55M (+26.1%) Shares 558,828 (+11.8%) Est. Cost $58.51 Unrealized —

GEF GREIF INC 1.0%

Value $60.06M (+12.2%) Shares 806,333 (+1.1%) Est. Cost $62.02 Unrealized —

WGO WINNEBAGO INDS INC 0.4%

Value $24.11M (+35.7%) Shares 771,918 (+34.6%) Est. Cost $40.95 Unrealized —

HY HYSTER-YALE INC 0.2%

Value $14.51M (+66.9%) Shares 413,935 (+54.8%) Est. Cost $35.06 Unrealized —

MNRO MONRO INC 0.1%

Value $7.949M (+158.2%) Shares 464,579 (+142.0%) Est. Cost $18.71 Unrealized —

IBN ICICI BANK LIMITED 0.3%

Value $16.62M (+38.7%) Shares 572,617 (+23.7%) Est. Cost $19.82 Unrealized —

LECO LINCOLN ELEC HLDGS INC 0.2%

Value $14.76M (+43.1%) Shares 55,606 (+34.2%) Est. Cost $214.42 Unrealized —

TFC TRUIST FINL CORP 0.6%

Value $35.9M (+13.4%) Shares 720,505 (+4.6%) Est. Cost $39.82 Unrealized —

AVNT AVIENT CORPORATION 0.7%

Value $40.04M (+11.0%) Shares 1,083,320 (+9.0%) Est. Cost $32.05 Unrealized —

ITUB ITAU UNIBANCO HLDG S A 0.2%

Value $12.96M (+41.5%) Shares 1,586,418 (+45.2%) Est. Cost $5.94 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 0.4%

Value $24.02M (-12.8%) Shares 195,083 (+11.5%) Est. Cost $160.68 Unrealized —

EMN EASTMAN CHEM CO 0.6%

Value $34.45M (-9.0%) Shares 514,285 (+3.7%) Est. Cost $67.74 Unrealized —

TX TERNIUM SA 0.1%

Value $7.213M (+60.6%) Shares 168,930 (+51.0%) Est. Cost $35.14 Unrealized —

FUL FULLER H B CO 0.8%

Value $47.55M (+6.0%) Shares 815,721 (+12.1%) Est. Cost $57.35 Unrealized —

IOSP INNOSPEC INC 0.1%

Value $7.598M (+52.9%) Shares 93,348 (+37.2%) Est. Cost $81.79 Unrealized —

HVT HAVERTY FURNITURE COS INC 0.1%

Value $5.937M (+78.9%) Shares 232,560 (+48.4%) Est. Cost $26.99 Unrealized —

PAC GRUPO AEROPORTUNARIO DEL PAC 0.2%

Value $9.598M (+33.4%) Shares 37,914 (+30.1%) Est. Cost $248.32 Unrealized —

UFPI UFP INDUSTRIES INC 0.9%

Value $55.74M (+4.4%) Shares 614,335 (+6.0%) Est. Cost $101.35 Unrealized —

GBX GREENBRIER COS INC 0.4%

Value $22.35M (+10.0%) Shares 456,084 (+18.2%) Est. Cost $51.95 Unrealized —

CG CARLYLE GROUP INC 0.4%

Value $23.68M (-7.2%) Shares 562,441 (+6.7%) Est. Cost $42.99 Unrealized —

RCKY ROCKY BRANDS INC 0.1%

Value $5.778M (+39.1%) Shares 140,101 (+30.6%) Est. Cost $26.35 Unrealized —

RPC RIDGEPOST CAP INC 0.1%

Value $5.527M (+41.3%) Shares 702,316 (+30.3%) Est. Cost $9.58 Unrealized —

PBR/A PETROLEO BRASILEIRO S A 0.1%

Value $6.548M (-17.3%) Shares 447,299 (+6.0%) Est. Cost $16.26 Unrealized —

CDRE CADRE HLDGS INC 0.1%

Value $6.148M (+25.4%) Shares 215,647 (+34.9%) Est. Cost $34.31 Unrealized —

BMA BANCO MACRO S A 0.1%

Value $4.903M (+30.6%) Shares 52,959 (+9.1%) Est. Cost $88.91 Unrealized —

CHCT COMMUNITY HEALTHCARE TR INC 0.1%

Value $7.203M (+16.7%) Shares 394,054 (+1.4%) Est. Cost $27.31 Unrealized —

NEE NEXTERA ENERGY INC 0.4%

Value $24.78M (+3.7%) Shares 282,287 (+9.7%) Est. Cost $71.45 Unrealized —

ARTNA ARTESIAN RES CORP 0.0%

Value $2.909M (+23.9%) Shares 85,576 (+16.1%) Est. Cost $38.79 Unrealized —

MKC MCCORMICK & CO INC 0.6%

Value $35.58M (+1.5%) Shares 705,615 (+1.5%) Est. Cost $66.26 Unrealized —

CLX CLOROX CO DEL 0.2%

Value $12.41M (-4.0%) Shares 130,039 (+4.3%) Est. Cost $113.63 Unrealized —

MATV MATIV HOLDINGS INC 0.1%

Value $4.227M (+7.9%) Shares 558,347 (+24.0%) Est. Cost $15.49 Unrealized —

RGR STURM RUGER & CO INC 0.1%

Value $3.854M (+2.2%) Shares 101,817 (+8.3%) Est. Cost $36.73 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NWL	NEWELL BRANDS INC	21,683,591 (+17.9%)	$133M (+111.1%)	2.2%	$8.83	—	COM	651229106
MSFT	MICROSOFT CORP	235,894 (+194.2%)	$87.99M (+196.5%)	1.5%	$393.95	—	COM	594918104
PRMB	PRIMO BRANDS CORPORATION	4,759,883 (+24.2%)	$116M (+61.2%)	2.0%	$19.78	—	CLASS A COM SHS	741623102
RHI	ROBERT HALF INC.	2,567,963 (+31.0%)	$78.84M (+58.4%)	1.3%	$43.02	—	COM	770323103
FLS	FLOWSERVE CORP	1,354,989 (+29.4%)	$100M (+30.5%)	1.7%	$48.72	—	COM	34354P105
ABT	ABBOTT LABORATORIES	490,439 (+100.2%)	$44.5M (+76.9%)	0.7%	$103.06	—	COM	002824100
AVY	AVERY DENNISON CORP	281,636 (+81.5%)	$45.72M (+70.6%)	0.8%	$177.09	—	COM	053611109
MLKN	MILLERKNOLL INC	2,637,711 (+6.5%)	$53.97M (+50.7%)	0.9%	$20.64	—	COM	600544100
RPM	RPM INTL INC	497,828 (+32.5%)	$55.33M (+48.2%)	0.9%	$110.03	—	COM	749685103
IPAR	INTERPARFUMS INC	427,722 (+28.3%)	$47.84M (+58.0%)	0.8%	$99.62	—	COM	458334109
POOL	POOL CORP	234,224 (+37.2%)	$50.33M (+45.8%)	0.8%	$251.20	—	COM	73278L105
LPX	LOUISIANA PAC CORP	892,047 (+14.7%)	$70.17M (+24.0%)	1.2%	$87.74	—	COM	546347105
FELE	FRANKLIN ELEC INC	161,013 (+273.4%)	$17.26M (+334.3%)	0.3%	$105.38	—	COM	353514102
TTC	TORO CO	539,399 (+23.8%)	$52.55M (+29.1%)	0.9%	$80.70	—	COM	891092108
SMG	SCOTTS MIRACLE-GRO CO	1,142,587 (+5.1%)	$77.82M (+17.7%)	1.3%	$57.86	—	CL A	810186106
NSSC	NAPCO SEC TECHNOLOGIES INC	408,632 (+244.1%)	$15.52M (+231.8%)	0.3%	$37.14	—	COM	630402105
AIN	ALBANY INTL CORP	448,069 (+2.1%)	$33.38M (+45.6%)	0.6%	$52.92	—	CL A	012348108
NOG	NORTHERN OIL & GAS INC	1,375,011 (+17.6%)	$24.96M (-27.0%)	0.4%	$21.79	—	COM	665531307
VFC	V F CORP	3,173,718 (+22.5%)	$52.94M (+20.3%)	0.9%	$14.76	—	COM	918204108
KFRC	KFORCE INC	477,128 (+2.4%)	$22.39M (+64.3%)	0.4%	$35.31	—	COM	493732101
COF	CAPITAL ONE FINL CORP	147,010 (+26.1%)	$29.49M (+38.7%)	0.5%	$194.03	—	COM	14040H105
MGEE	MGE ENERGY INC	350,904 (+26.6%)	$28.61M (+33.6%)	0.5%	$80.16	—	COM	55277P104
COLM	COLUMBIA SPORTSWEAR CO	558,828 (+11.8%)	$34.55M (+26.1%)	0.6%	$58.51	—	COM	198516106
GEF	GREIF INC	806,333 (+1.1%)	$60.06M (+12.2%)	1.0%	$62.02	—	CL A	397624107
WGO	WINNEBAGO INDS INC	771,918 (+34.6%)	$24.11M (+35.7%)	0.4%	$40.95	—	COM	974637100
HY	HYSTER-YALE INC	413,935 (+54.8%)	$14.51M (+66.9%)	0.2%	$35.06	—	CL A	449172105
MNRO	MONRO INC	464,579 (+142.0%)	$7.949M (+158.2%)	0.1%	$18.71	—	COM	610236101
IBN	ICICI BANK LIMITED	572,617 (+23.7%)	$16.62M (+38.7%)	0.3%	$19.82	—	ADR	45104G104
LECO	LINCOLN ELEC HLDGS INC	55,606 (+34.2%)	$14.76M (+43.1%)	0.2%	$214.42	—	COM	533900106
TFC	TRUIST FINL CORP	720,505 (+4.6%)	$35.9M (+13.4%)	0.6%	$39.82	—	COM	89832Q109
AVNT	AVIENT CORPORATION	1,083,320 (+9.0%)	$40.04M (+11.0%)	0.7%	$32.05	—	COM	05368V106
ITUB	ITAU UNIBANCO HLDG S A	1,586,418 (+45.2%)	$12.96M (+41.5%)	0.2%	$5.94	—	SPON ADR REP PFD	465562106
ICE	INTERCONTINENTAL EXCHANGE IN	195,083 (+11.5%)	$24.02M (-12.8%)	0.4%	$160.68	—	COM	45866F104
EMN	EASTMAN CHEM CO	514,285 (+3.7%)	$34.45M (-9.0%)	0.6%	$67.74	—	COM	277432100
TX	TERNIUM SA	168,930 (+51.0%)	$7.213M (+60.6%)	0.1%	$35.14	—	SPONSORED ADS	880890108
FUL	FULLER H B CO	815,721 (+12.1%)	$47.55M (+6.0%)	0.8%	$57.35	—	COM	359694106
IOSP	INNOSPEC INC	93,348 (+37.2%)	$7.598M (+52.9%)	0.1%	$81.79	—	COM	45768S105
HVT	HAVERTY FURNITURE COS INC	232,560 (+48.4%)	$5.937M (+78.9%)	0.1%	$26.99	—	COM	419596101
PAC	GRUPO AEROPORTUNARIO DEL PAC	37,914 (+30.1%)	$9.598M (+33.4%)	0.2%	$248.32	—	SPON ADS B	400506101
UFPI	UFP INDUSTRIES INC	614,335 (+6.0%)	$55.74M (+4.4%)	0.9%	$101.35	—	COM	90278Q108
GBX	GREENBRIER COS INC	456,084 (+18.2%)	$22.35M (+10.0%)	0.4%	$51.95	—	COM	393657101
CG	CARLYLE GROUP INC	562,441 (+6.7%)	$23.68M (-7.2%)	0.4%	$42.99	—	COM	14316J108
RCKY	ROCKY BRANDS INC	140,101 (+30.6%)	$5.778M (+39.1%)	0.1%	$26.35	—	COM	774515100
RPC	RIDGEPOST CAP INC	702,316 (+30.3%)	$5.527M (+41.3%)	0.1%	$9.58	—	CL A COM	69376K106
PBR/A	PETROLEO BRASILEIRO S A	447,299 (+6.0%)	$6.548M (-17.3%)	0.1%	$16.26	—	SP ADR NON VTG	71654V101
CDRE	CADRE HLDGS INC	215,647 (+34.9%)	$6.148M (+25.4%)	0.1%	$34.31	—	COM	12763L105
BMA	BANCO MACRO S A	52,959 (+9.1%)	$4.903M (+30.6%)	0.1%	$88.91	—	SPON ADR B	05961W105
CHCT	COMMUNITY HEALTHCARE TR INC	394,054 (+1.4%)	$7.203M (+16.7%)	0.1%	$27.31	—	COM	20369C106
NEE	NEXTERA ENERGY INC	282,287 (+9.7%)	$24.78M (+3.7%)	0.4%	$71.45	—	COM	65339F101
ARTNA	ARTESIAN RES CORP	85,576 (+16.1%)	$2.909M (+23.9%)	0.0%	$38.79	—	CL A	043113208
MKC	MCCORMICK & CO INC	705,615 (+1.5%)	$35.58M (+1.5%)	0.6%	$66.26	—	COM NON VTG	579780206
CLX	CLOROX CO DEL	130,039 (+4.3%)	$12.41M (-4.0%)	0.2%	$113.63	—	COM	189054109
MATV	MATIV HOLDINGS INC	558,347 (+24.0%)	$4.227M (+7.9%)	0.1%	$15.49	—	COM	808541106
RGR	STURM RUGER & CO INC	101,817 (+8.3%)	$3.854M (+2.2%)	0.1%	$36.73	—	COM	864159108

Exited Positions (19)

HON HONEYWELL INTL INC 0.6%

Value $34.14M Shares 151,027 Est. Cost $188.08 Unrealized —

WY WEYERHAEUSER CO 0.6%

Value $33.86M Shares 1,386,011 Est. Cost $27.95 Unrealized —

CMCSA COMCAST CORP NEW 0.5%

Value $29.36M Shares 1,022,776 Est. Cost $36.32 Unrealized —

NNN NNN REIT INC 0.4%

Value $24.18M Shares 575,208 Est. Cost $42.09 Unrealized —

WLK WESTLAKE CORPORATION 0.4%

Value $23.76M Shares 203,366 Est. Cost $117.56 Unrealized —

IVT INVENTRUST PPTYS CORP 0.4%

Value $21.86M Shares 717,682 Est. Cost $28.21 Unrealized —

KMT KENNAMETAL INC 0.3%

Value $17.7M Shares 490,023 Est. Cost $20.46 Unrealized —

SFBS SERVISFIRST BANCSHARES INC 0.3%

Value $17.03M Shares 233,777 Est. Cost $74.60 Unrealized —

ATEN A10 NETWORKS INC 0.2%

Value $13.06M Shares 564,800 Est. Cost $18.39 Unrealized —

ASO ACADEMY SPORTS & OUTDOORS IN 0.2%

Value $10.92M Shares 193,450 Est. Cost $57.36 Unrealized —

JOUT JOHNSON OUTDOORS INC 0.1%

Value $8.139M Shares 174,998 Est. Cost $45.81 Unrealized —

HDB HDFC BANK LTD 0.1%

Value $5.905M Shares 237,344 Est. Cost $45.16 Unrealized —

MOV MOVADO GROUP INC 0.1%

Value $5.415M Shares 221,761 Est. Cost $16.38 Unrealized —

BVN COMPANIA DE MINAS BUENAVENTU 0.1%

Value $5.29M Shares 146,786 Est. Cost $36.04 Unrealized —

OBK ORIGIN BANCORP INC 0.1%

Value $4.488M Shares 108,259 Est. Cost $37.39 Unrealized —

MPX MARINE PRODS CORP 0.1%

Value $3.246M Shares 446,447 Est. Cost $8.60 Unrealized —

KALU KAISER ALUMINIUM CORPORATION 0.0%

Value $1.777M Shares 14,742 Est. Cost $83.43 Unrealized —

AVBC AVIDIA BANCORP INC 0.0%

Value $399K Shares 20,296 Est. Cost $17.91 Unrealized —

WTI W & T OFFSHORE INC 0.0%

Value $390K Shares 114,406 Est. Cost $3.24 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HON	HONEYWELL INTL INC	151,027	$34.14M	0.6%	$188.08	—	—	438516106
WY	WEYERHAEUSER CO	1,386,011	$33.86M	0.6%	$27.95	—	—	962166104
CMCSA	COMCAST CORP NEW	1,022,776	$29.36M	0.5%	$36.32	—	—	20030N101
NNN	NNN REIT INC	575,208	$24.18M	0.4%	$42.09	—	—	637417106
WLK	WESTLAKE CORPORATION	203,366	$23.76M	0.4%	$117.56	—	—	960413102
IVT	INVENTRUST PPTYS CORP	717,682	$21.86M	0.4%	$28.21	—	—	46124J201
KMT	KENNAMETAL INC	490,023	$17.7M	0.3%	$20.46	—	—	489170100
SFBS	SERVISFIRST BANCSHARES INC	233,777	$17.03M	0.3%	$74.60	—	—	81768T108
ATEN	A10 NETWORKS INC	564,800	$13.06M	0.2%	$18.39	—	—	002121101
ASO	ACADEMY SPORTS & OUTDOORS IN	193,450	$10.92M	0.2%	$57.36	—	—	00402L107
JOUT	JOHNSON OUTDOORS INC	174,998	$8.139M	0.1%	$45.81	—	—	479167108
HDB	HDFC BANK LTD	237,344	$5.905M	0.1%	$45.16	—	—	40415F101
MOV	MOVADO GROUP INC	221,761	$5.415M	0.1%	$16.38	—	—	624580106
BVN	COMPANIA DE MINAS BUENAVENTU	146,786	$5.29M	0.1%	$36.04	—	—	204448104
OBK	ORIGIN BANCORP INC	108,259	$4.488M	0.1%	$37.39	—	—	68621T102
MPX	MARINE PRODS CORP	446,447	$3.246M	0.1%	$8.60	—	—	568427108
KALU	KAISER ALUMINIUM CORPORATION	14,742	$1.777M	0.0%	$83.43	—	—	483007704
AVBC	AVIDIA BANCORP INC	20,296	$399K	0.0%	$17.91	—	—	05369T100
WTI	W & T OFFSHORE INC	114,406	$390K	0.0%	$3.24	—	—	92922P106

Decreased Positions (91)

KGS KODIAK GAS SVCS INC 0.0%

Value $1.176M (-97.8%) Shares 15,655 (-98.3%) Est. Cost $34.14 Unrealized —

INDB INDEPENDENT BK CORP MASS 0.5%

Value $31.79M (-59.2%) Shares 379,723 (-63.4%) Est. Cost $62.97 Unrealized —

VSH VISHAY INTERTECHNOLOGY INC 0.2%

Value $12.97M (-77.3%) Shares 241,208 (-92.4%) Est. Cost $18.23 Unrealized —

SNDK SANDISK CORP 1.1%

Value $67.9M (+187.5%) Shares 29,862 (-19.7%) Est. Cost $43.86 Unrealized —

SSB SOUTHSTATE BK CORP 0.4%

Value $25.24M (-62.5%) Shares 252,687 (-65.3%) Est. Cost $99.85 Unrealized —

WERN WERNER ENTERPRISES INC 2.2%

Value $130M (+45.2%) Shares 2,991,056 (-2.1%) Est. Cost $36.52 Unrealized —

GBCI GLACIER BANCORP INC NEW 0.8%

Value $48.74M (-42.1%) Shares 945,012 (-49.9%) Est. Cost $42.01 Unrealized —

SBCF SEACOAST BKG CORP FLA 0.6%

Value $34.03M (-49.8%) Shares 1,023,503 (-54.3%) Est. Cost $24.76 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.0%

Value $390K (-98.8%) Shares 386 (-99.0%) Est. Cost $289.66 Unrealized —

FBK FB FINL CORP 0.5%

Value $28.75M (-46.6%) Shares 519,362 (-49.9%) Est. Cost $51.44 Unrealized —

WDC WESTERN DIGITAL CORP 0.9%

Value $54.89M (+71.6%) Shares 85,930 (-27.3%) Est. Cost $39.74 Unrealized —

TKR TIMKEN CO 1.3%

Value $76.54M (+37.0%) Shares 526,719 (-5.2%) Est. Cost $78.28 Unrealized —

VAC MARRIOTT VACATIONS WORLDWIDE 0.8%

Value $50.27M (+47.3%) Shares 493,450 (-5.9%) Est. Cost $65.28 Unrealized —

WTTR SELECT WATER SOLUTIONS INC 1.2%

Value $68.87M (+28.0%) Shares 3,447,087 (-2.0%) Est. Cost $10.55 Unrealized —

SNDR SCHNEIDER NATIONAL INC 1.2%

Value $71.45M (+25.5%) Shares 1,955,832 (-9.5%) Est. Cost $23.67 Unrealized —

DLX DELUXE CORP MEDIUM TERM NTS 0.7%

Value $41.42M (-23.9%) Shares 1,734,582 (-12.2%) Est. Cost $25.31 Unrealized —

C CITIGROUP INC 1.5%

Value $90.91M (+16.1%) Shares 649,552 (-5.9%) Est. Cost $52.27 Unrealized —

RNST RENASANT CORP 0.4%

Value $22.65M (-35.8%) Shares 532,364 (-45.5%) Est. Cost $35.92 Unrealized —

SAP SAP SE 0.3%

Value $15.75M (-43.2%) Shares 102,198 (-36.9%) Est. Cost $171.21 Unrealized —

LHX L3HARRIS TECHNOLOGIES INC 0.5%

Value $32.68M (-24.9%) Shares 112,465 (-10.8%) Est. Cost $198.66 Unrealized —

ACN ACCENTURE PLC IRELAND 0.3%

Value $15.13M (-38.2%) Shares 121,623 (-1.5%) Est. Cost $280.57 Unrealized —

WH WYNDHAM HOTELS & RESORTS INC 1.2%

Value $68.92M (-11.4%) Shares 818,457 (-14.5%) Est. Cost $77.62 Unrealized —

ELV ELEVANCE HEALTH INC FORMERLY 0.4%

Value $24.11M (-26.7%) Shares 62,342 (-44.5%) Est. Cost $320.46 Unrealized —

UNP UNION PAC CORP 0.8%

Value $48.1M (-15.4%) Shares 176,856 (-24.6%) Est. Cost $208.01 Unrealized —

CFR CULLEN FROST BANKERS INC 0.6%

Value $36.44M (-19.1%) Shares 235,795 (-28.2%) Est. Cost $121.93 Unrealized —

UPS UNITED PARCEL SVCS INC 0.3%

Value $17.95M (-31.8%) Shares 166,942 (-37.6%) Est. Cost $123.98 Unrealized —

FITB FIFTH THIRD BANCORP 0.9%

Value $51.38M (+18.7%) Shares 911,406 (-2.2%) Est. Cost $28.24 Unrealized —

EXE EXPAND ENERGY CORPORATION 0.6%

Value $33.56M (-18.0%) Shares 368,045 (-1.3%) Est. Cost $78.95 Unrealized —

KWR QUAKER HOUGHTON 0.7%

Value $41.38M (+21.6%) Shares 260,471 (-4.9%) Est. Cost $155.34 Unrealized —

COP CONOCOPHILLIPS 0.3%

Value $18.28M (-28.3%) Shares 175,823 (-8.9%) Est. Cost $39.08 Unrealized —

MTCH MATCH GROUP INC NEW 0.9%

Value $54.37M (+14.3%) Shares 1,429,022 (-7.8%) Est. Cost $32.14 Unrealized —

HUBG HUB GROUP INC 0.7%

Value $42.6M (+18.3%) Shares 972,824 (-2.6%) Est. Cost $34.34 Unrealized —

CBU COMMUNITY FINANCIAL SYSTEM I 0.4%

Value $24.71M (-20.6%) Shares 368,124 (-30.7%) Est. Cost $61.64 Unrealized —

WD WALKER & DUNLOP INC 0.6%

Value $38.6M (+19.4%) Shares 705,675 (-3.1%) Est. Cost $77.85 Unrealized —

THO THOR INDS INC 0.4%

Value $22.61M (-20.9%) Shares 300,806 (-16.0%) Est. Cost $88.21 Unrealized —

BYD BOYD GAMING CORP 0.3%

Value $16.06M (-26.4%) Shares 181,817 (-31.5%) Est. Cost $85.16 Unrealized —

JNJ JOHNSON & JOHNSON 1.0%

Value $58.84M (-7.7%) Shares 231,692 (-11.2%) Est. Cost $133.49 Unrealized —

NXPI NXP SEMICONDUCTORS N V 0.5%

Value $30.79M (+18.7%) Shares 109,546 (-16.9%) Est. Cost $195.65 Unrealized —

SCL STEPAN CO 0.9%

Value $52.19M (+10.2%) Shares 936,608 (-1.1%) Est. Cost $73.36 Unrealized —

KNX KNIGHT-SWIFT TRANSN HLDGS IN 0.8%

Value $46.83M (+10.1%) Shares 601,403 (-18.6%) Est. Cost $48.63 Unrealized —

RTX RTX CORPORATION 0.6%

Value $38.12M (-9.8%) Shares 200,927 (-8.3%) Est. Cost $61.02 Unrealized —

KBH KB HOME 0.5%

Value $31.66M (-11.4%) Shares 505,818 (-26.7%) Est. Cost $60.03 Unrealized —

ASIX ADVANSIX INC 0.0%

Value $2.802M (-58.3%) Shares 140,933 (-48.8%) Est. Cost $24.05 Unrealized —

MDLZ MONDELEZ INTL INC 0.6%

Value $36.83M (-9.6%) Shares 636,758 (-9.9%) Est. Cost $61.84 Unrealized —

ADI ANALOG DEVICES INC 0.5%

Value $26.95M (+16.3%) Shares 67,851 (-6.8%) Est. Cost $156.21 Unrealized —

BANR BANNER CORP 0.4%

Value $25.11M (-13.0%) Shares 377,911 (-20.5%) Est. Cost $63.54 Unrealized —

FSBC FIVE STAR BANCORP 0.0%

Value $2.344M (-60.0%) Shares 48,143 (-69.0%) Est. Cost $33.30 Unrealized —

BC BRUNSWICK CORP 2.1%

Value $123M (+2.7%) Shares 1,454,187 (-11.3%) Est. Cost $56.27 Unrealized —

BOH BANK HAWAII CORP 0.5%

Value $31.28M (-9.0%) Shares 383,883 (-17.1%) Est. Cost $74.55 Unrealized —

GABC GERMAN AMERN BANCORP INC 0.1%

Value $6.677M (-31.6%) Shares 140,680 (-39.8%) Est. Cost $35.40 Unrealized —

TNC TENNANT CO 0.3%

Value $14.98M (+23.2%) Shares 171,066 (-6.6%) Est. Cost $83.42 Unrealized —

MRTN MARTEN TRANS LTD 0.2%

Value $12.88M (+27.8%) Shares 742,362 (-3.3%) Est. Cost $14.74 Unrealized —

FCX FREEPORT MCMORAN INC 0.6%

Value $37.85M (-6.7%) Shares 601,829 (-12.8%) Est. Cost $41.12 Unrealized —

FMBH FIRST MID BANCSHARES INC 0.0%

Value $2.338M (-52.2%) Shares 48,611 (-59.0%) Est. Cost $30.45 Unrealized —

IEX IDEX CORP 1.2%

Value $68.79M (+3.8%) Shares 303,107 (-13.3%) Est. Cost $196.42 Unrealized —

SYBT STOCK YDS BANCORP INC 0.1%

Value $5.848M (-30.3%) Shares 76,471 (-39.5%) Est. Cost $60.43 Unrealized —

LKQ LKQ CORP 0.2%

Value $9.576M (-19.5%) Shares 363,707 (-10.3%) Est. Cost $36.82 Unrealized —

WHD CACTUS INC 0.7%

Value $44.22M (+5.5%) Shares 863,119 (-2.4%) Est. Cost $55.06 Unrealized —

EG EVEREST GROUP LTD 0.7%

Value $43.94M (+5.5%) Shares 123,009 (-3.5%) Est. Cost $355.98 Unrealized —

SNN SMITH & NEPHEW PLC 0.2%

Value $9.31M (-18.6%) Shares 323,145 (-10.2%) Est. Cost $28.69 Unrealized —

NTST NETSTREIT CORP 0.3%

Value $19.77M (-9.6%) Shares 935,753 (-19.4%) Est. Cost $16.68 Unrealized —

PH PARKER-HANNIFIN CORP 0.8%

Value $46.94M (+4.6%) Shares 47,985 (-4.3%) Est. Cost $279.41 Unrealized —

IFF INTERNATIONAL FLAVORS&FRAGRA 0.7%

Value $39.25M (+5.4%) Shares 495,498 (-3.5%) Est. Cost $83.42 Unrealized —

SMBK SMARTFINANCIAL INC 0.1%

Value $3.036M (-39.2%) Shares 64,702 (-49.3%) Est. Cost $24.37 Unrealized —

MPB MID PENN BANCORP INC 0.0%

Value $2.468M (-44.2%) Shares 70,825 (-48.5%) Est. Cost $26.76 Unrealized —

MYE MYERS INDS INC 0.1%

Value $6.327M (+40.7%) Shares 179,192 (-15.6%) Est. Cost $15.87 Unrealized —

OSPN ONESPAN INC 0.1%

Value $6.444M (+33.2%) Shares 449,030 (-2.3%) Est. Cost $13.84 Unrealized —

VNOM VIPER ENERGY INC 0.1%

Value $4.459M (-25.1%) Shares 105,175 (-17.0%) Est. Cost $38.12 Unrealized —

OXM OXFORD INDS INC 0.1%

Value $3.193M (-31.4%) Shares 91,574 (-24.3%) Est. Cost $38.59 Unrealized —

NBHC NATIONAL BK HLDGS CORP 0.7%

Value $40.15M (-3.5%) Shares 903,660 (-14.9%) Est. Cost $37.73 Unrealized —

BALL BALL CORP 0.4%

Value $23.82M (-5.2%) Shares 381,659 (-10.2%) Est. Cost $55.11 Unrealized —

HFWA HERITAGE FINL CORP WASH 0.0%

Value $2.127M (-37.8%) Shares 71,815 (-45.4%) Est. Cost $24.16 Unrealized —

LW LAMB WESTON HLDGS INC 0.2%

Value $14.04M (-8.3%) Shares 325,112 (-10.3%) Est. Cost $67.38 Unrealized —

TOWN TOWNEBANK PORTSMOUTH VA 0.1%

Value $5.161M (-19.3%) Shares 142,404 (-25.0%) Est. Cost $29.84 Unrealized —

MMI MARCUS & MILLICHAP INC 0.1%

Value $5.707M (-16.5%) Shares 183,095 (-28.8%) Est. Cost $34.24 Unrealized —

USB US BANCORP 0.7%

Value $42.68M (+2.3%) Shares 706,640 (-11.9%) Est. Cost $35.32 Unrealized —

NTAP NETAPP INC 0.2%

Value $13.11M (+7.4%) Shares 84,680 (-28.9%) Est. Cost $100.19 Unrealized —

MSM MSC INDL DIRECT INC 1.1%

Value $64.29M (-1.3%) Shares 540,509 (-23.4%) Est. Cost $83.91 Unrealized —

RYN RAYONIER INC 1.5%

Value $86.58M (+0.9%) Shares 4,068,556 (-2.2%) Est. Cost $20.62 Unrealized —

NX QUANEX BLDG PRODS CORP 0.6%

Value $33.9M (+2.3%) Shares 1,820,614 (-1.3%) Est. Cost $24.17 Unrealized —

JPM JPMORGAN CHASE & CO 1.1%

Value $66.99M (-0.9%) Shares 204,646 (-10.9%) Est. Cost $130.89 Unrealized —

WS WORTHINGTON STL INC 0.1%

Value $5.342M (+8.5%) Shares 159,093 (-1.9%) Est. Cost $29.50 Unrealized —

EMR EMERSON ELEC CO 0.7%

Value $41.79M (+0.9%) Shares 291,926 (-7.7%) Est. Cost $71.06 Unrealized —

JCI JOHNSON CONTROLS INTERNATION 0.6%

Value $35.89M (-0.9%) Shares 245,615 (-11.2%) Est. Cost $58.27 Unrealized —

TCBK TRICO BANCSHARES 0.1%

Value $3.024M (-9.4%) Shares 56,154 (-20.0%) Est. Cost $37.29 Unrealized —

MLR MILLER INDS INC TENN 0.0%

Value $2.909M (+9.9%) Shares 56,878 (-2.2%) Est. Cost $41.60 Unrealized —

BAP CREDICORP LTD 0.2%

Value $14.45M (-0.8%) Shares 37,084 (-13.7%) Est. Cost $174.43 Unrealized —

APC ARKO PETE CORP 0.0%

Value $2.496M (+4.3%) Shares 132,413 (-1.0%) Est. Cost $17.89 Unrealized —

HBNC HORIZON BANCORP IND 0.0%

Value $2.357M (-3.9%) Shares 117,943 (-20.3%) Est. Cost $16.16 Unrealized —

UMH UMH PPTYS INC 0.0%

Value $2.496M (+2.1%) Shares 164,842 (-2.7%) Est. Cost $17.96 Unrealized —

SPFI SOUTH PLAINS FINANCIAL INC 0.1%

Value $4.354M (+0.4%) Shares 101,063 (-2.4%) Est. Cost $33.52 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
KGS	KODIAK GAS SVCS INC	15,655 (-98.3%)	$1.176M (-97.8%)	0.0%	$34.14	—	COM	50012A108
INDB	INDEPENDENT BK CORP MASS	379,723 (-63.4%)	$31.79M (-59.2%)	0.5%	$62.97	—	COM	453836108
VSH	VISHAY INTERTECHNOLOGY INC	241,208 (-92.4%)	$12.97M (-77.3%)	0.2%	$18.23	—	COM	928298108
SNDK	SANDISK CORP	29,862 (-19.7%)	$67.9M (+187.5%)	1.1%	$43.86	—	COM	80004C200
SSB	SOUTHSTATE BK CORP	252,687 (-65.3%)	$25.24M (-62.5%)	0.4%	$99.85	—	COM	84472E102
WERN	WERNER ENTERPRISES INC	2,991,056 (-2.1%)	$130M (+45.2%)	2.2%	$36.52	—	COM	950755108
GBCI	GLACIER BANCORP INC NEW	945,012 (-49.9%)	$48.74M (-42.1%)	0.8%	$42.01	—	COM	37637Q105
SBCF	SEACOAST BKG CORP FLA	1,023,503 (-54.3%)	$34.03M (-49.8%)	0.6%	$24.76	—	COM NEW	811707801
GS	GOLDMAN SACHS GROUP INC	386 (-99.0%)	$390K (-98.8%)	0.0%	$289.66	—	COM	38141G104
FBK	FB FINL CORP	519,362 (-49.9%)	$28.75M (-46.6%)	0.5%	$51.44	—	COM	30257X104
WDC	WESTERN DIGITAL CORP	85,930 (-27.3%)	$54.89M (+71.6%)	0.9%	$39.74	—	COM	958102105
TKR	TIMKEN CO	526,719 (-5.2%)	$76.54M (+37.0%)	1.3%	$78.28	—	COM	887389104
VAC	MARRIOTT VACATIONS WORLDWIDE	493,450 (-5.9%)	$50.27M (+47.3%)	0.8%	$65.28	—	COM	57164Y107
WTTR	SELECT WATER SOLUTIONS INC	3,447,087 (-2.0%)	$68.87M (+28.0%)	1.2%	$10.55	—	CL A COM	81617J301
SNDR	SCHNEIDER NATIONAL INC	1,955,832 (-9.5%)	$71.45M (+25.5%)	1.2%	$23.67	—	CL B	80689H102
DLX	DELUXE CORP MEDIUM TERM NTS	1,734,582 (-12.2%)	$41.42M (-23.9%)	0.7%	$25.31	—	COM	248019101
C	CITIGROUP INC	649,552 (-5.9%)	$90.91M (+16.1%)	1.5%	$52.27	—	COM NEW	172967424
RNST	RENASANT CORP	532,364 (-45.5%)	$22.65M (-35.8%)	0.4%	$35.92	—	COM	75970E107
SAP	SAP SE	102,198 (-36.9%)	$15.75M (-43.2%)	0.3%	$171.21	—	SPON ADR	803054204
LHX	L3HARRIS TECHNOLOGIES INC	112,465 (-10.8%)	$32.68M (-24.9%)	0.5%	$198.66	—	COM	502431109
ACN	ACCENTURE PLC IRELAND	121,623 (-1.5%)	$15.13M (-38.2%)	0.3%	$280.57	—	SHS CLASS A	G1151C101
WH	WYNDHAM HOTELS & RESORTS INC	818,457 (-14.5%)	$68.92M (-11.4%)	1.2%	$77.62	—	COM	98311A105
ELV	ELEVANCE HEALTH INC FORMERLY	62,342 (-44.5%)	$24.11M (-26.7%)	0.4%	$320.46	—	COM	036752103
UNP	UNION PAC CORP	176,856 (-24.6%)	$48.1M (-15.4%)	0.8%	$208.01	—	COM	907818108
CFR	CULLEN FROST BANKERS INC	235,795 (-28.2%)	$36.44M (-19.1%)	0.6%	$121.93	—	COM	229899109
UPS	UNITED PARCEL SVCS INC	166,942 (-37.6%)	$17.95M (-31.8%)	0.3%	$123.98	—	CL B	911312106
FITB	FIFTH THIRD BANCORP	911,406 (-2.2%)	$51.38M (+18.7%)	0.9%	$28.24	—	COM	316773100
EXE	EXPAND ENERGY CORPORATION	368,045 (-1.3%)	$33.56M (-18.0%)	0.6%	$78.95	—	COM	165167735
KWR	QUAKER HOUGHTON	260,471 (-4.9%)	$41.38M (+21.6%)	0.7%	$155.34	—	COM	747316107
COP	CONOCOPHILLIPS	175,823 (-8.9%)	$18.28M (-28.3%)	0.3%	$39.08	—	COM	20825C104
MTCH	MATCH GROUP INC NEW	1,429,022 (-7.8%)	$54.37M (+14.3%)	0.9%	$32.14	—	COM	57667L107
HUBG	HUB GROUP INC	972,824 (-2.6%)	$42.6M (+18.3%)	0.7%	$34.34	—	CL A	443320106
CBU	COMMUNITY FINANCIAL SYSTEM I	368,124 (-30.7%)	$24.71M (-20.6%)	0.4%	$61.64	—	COM	203607106
WD	WALKER & DUNLOP INC	705,675 (-3.1%)	$38.6M (+19.4%)	0.6%	$77.85	—	COM	93148P102
THO	THOR INDS INC	300,806 (-16.0%)	$22.61M (-20.9%)	0.4%	$88.21	—	COM	885160101
BYD	BOYD GAMING CORP	181,817 (-31.5%)	$16.06M (-26.4%)	0.3%	$85.16	—	COM	103304101
JNJ	JOHNSON & JOHNSON	231,692 (-11.2%)	$58.84M (-7.7%)	1.0%	$133.49	—	COM	478160104
NXPI	NXP SEMICONDUCTORS N V	109,546 (-16.9%)	$30.79M (+18.7%)	0.5%	$195.65	—	COM	N6596X109
SCL	STEPAN CO	936,608 (-1.1%)	$52.19M (+10.2%)	0.9%	$73.36	—	COM	858586100
KNX	KNIGHT-SWIFT TRANSN HLDGS IN	601,403 (-18.6%)	$46.83M (+10.1%)	0.8%	$48.63	—	CL A	499049104
RTX	RTX CORPORATION	200,927 (-8.3%)	$38.12M (-9.8%)	0.6%	$61.02	—	COM	75513E101
KBH	KB HOME	505,818 (-26.7%)	$31.66M (-11.4%)	0.5%	$60.03	—	COM	48666K109
ASIX	ADVANSIX INC	140,933 (-48.8%)	$2.802M (-58.3%)	0.0%	$24.05	—	COM	00773T101
MDLZ	MONDELEZ INTL INC	636,758 (-9.9%)	$36.83M (-9.6%)	0.6%	$61.84	—	CL A	609207105
ADI	ANALOG DEVICES INC	67,851 (-6.8%)	$26.95M (+16.3%)	0.5%	$156.21	—	COM	032654105
BANR	BANNER CORP	377,911 (-20.5%)	$25.11M (-13.0%)	0.4%	$63.54	—	COM NEW	06652V208
FSBC	FIVE STAR BANCORP	48,143 (-69.0%)	$2.344M (-60.0%)	0.0%	$33.30	—	COM	33830T103
BC	BRUNSWICK CORP	1,454,187 (-11.3%)	$123M (+2.7%)	2.1%	$56.27	—	COM	117043109
BOH	BANK HAWAII CORP	383,883 (-17.1%)	$31.28M (-9.0%)	0.5%	$74.55	—	COM	062540109
GABC	GERMAN AMERN BANCORP INC	140,680 (-39.8%)	$6.677M (-31.6%)	0.1%	$35.40	—	COM	373865104
TNC	TENNANT CO	171,066 (-6.6%)	$14.98M (+23.2%)	0.3%	$83.42	—	COM	880345103
MRTN	MARTEN TRANS LTD	742,362 (-3.3%)	$12.88M (+27.8%)	0.2%	$14.74	—	COM	573075108
FCX	FREEPORT MCMORAN INC	601,829 (-12.8%)	$37.85M (-6.7%)	0.6%	$41.12	—	CL B	35671D857
FMBH	FIRST MID BANCSHARES INC	48,611 (-59.0%)	$2.338M (-52.2%)	0.0%	$30.45	—	COM	320866106
IEX	IDEX CORP	303,107 (-13.3%)	$68.79M (+3.8%)	1.2%	$196.42	—	COM	45167R104
SYBT	STOCK YDS BANCORP INC	76,471 (-39.5%)	$5.848M (-30.3%)	0.1%	$60.43	—	COM	861025104
LKQ	LKQ CORP	363,707 (-10.3%)	$9.576M (-19.5%)	0.2%	$36.82	—	COM	501889208
WHD	CACTUS INC	863,119 (-2.4%)	$44.22M (+5.5%)	0.7%	$55.06	—	CL A	127203107
EG	EVEREST GROUP LTD	123,009 (-3.5%)	$43.94M (+5.5%)	0.7%	$355.98	—	COM	G3223R108
SNN	SMITH & NEPHEW PLC	323,145 (-10.2%)	$9.31M (-18.6%)	0.2%	$28.69	—	SPDN ADR NEW	83175M205
NTST	NETSTREIT CORP	935,753 (-19.4%)	$19.77M (-9.6%)	0.3%	$16.68	—	COM	64119V303
PH	PARKER-HANNIFIN CORP	47,985 (-4.3%)	$46.94M (+4.6%)	0.8%	$279.41	—	COM	701094104
IFF	INTERNATIONAL FLAVORS&FRAGRA	495,498 (-3.5%)	$39.25M (+5.4%)	0.7%	$83.42	—	COM	459506101
SMBK	SMARTFINANCIAL INC	64,702 (-49.3%)	$3.036M (-39.2%)	0.1%	$24.37	—	COM NEW	83190L208
MPB	MID PENN BANCORP INC	70,825 (-48.5%)	$2.468M (-44.2%)	0.0%	$26.76	—	COM	59540G107
MYE	MYERS INDS INC	179,192 (-15.6%)	$6.327M (+40.7%)	0.1%	$15.87	—	COM	628464109
OSPN	ONESPAN INC	449,030 (-2.3%)	$6.444M (+33.2%)	0.1%	$13.84	—	COM	68287N100
VNOM	VIPER ENERGY INC	105,175 (-17.0%)	$4.459M (-25.1%)	0.1%	$38.12	—	CL A	64361Q101
OXM	OXFORD INDS INC	91,574 (-24.3%)	$3.193M (-31.4%)	0.1%	$38.59	—	COM	691497309
NBHC	NATIONAL BK HLDGS CORP	903,660 (-14.9%)	$40.15M (-3.5%)	0.7%	$37.73	—	CL A	633707104
BALL	BALL CORP	381,659 (-10.2%)	$23.82M (-5.2%)	0.4%	$55.11	—	COM	058498106
HFWA	HERITAGE FINL CORP WASH	71,815 (-45.4%)	$2.127M (-37.8%)	0.0%	$24.16	—	COM	42722X106
LW	LAMB WESTON HLDGS INC	325,112 (-10.3%)	$14.04M (-8.3%)	0.2%	$67.38	—	COM	513272104
TOWN	TOWNEBANK PORTSMOUTH VA	142,404 (-25.0%)	$5.161M (-19.3%)	0.1%	$29.84	—	COM	89214P109
MMI	MARCUS & MILLICHAP INC	183,095 (-28.8%)	$5.707M (-16.5%)	0.1%	$34.24	—	COM	566324109
USB	US BANCORP	706,640 (-11.9%)	$42.68M (+2.3%)	0.7%	$35.32	—	COM NEW	902973304
NTAP	NETAPP INC	84,680 (-28.9%)	$13.11M (+7.4%)	0.2%	$100.19	—	COM	64110D104
MSM	MSC INDL DIRECT INC	540,509 (-23.4%)	$64.29M (-1.3%)	1.1%	$83.91	—	CL A	553530106
RYN	RAYONIER INC	4,068,556 (-2.2%)	$86.58M (+0.9%)	1.5%	$20.62	—	COM	754907103
NX	QUANEX BLDG PRODS CORP	1,820,614 (-1.3%)	$33.9M (+2.3%)	0.6%	$24.17	—	COM	747619104
JPM	JPMORGAN CHASE & CO	204,646 (-10.9%)	$66.99M (-0.9%)	1.1%	$130.89	—	COM	46625H100
WS	WORTHINGTON STL INC	159,093 (-1.9%)	$5.342M (+8.5%)	0.1%	$29.50	—	COM SHS	982104101
EMR	EMERSON ELEC CO	291,926 (-7.7%)	$41.79M (+0.9%)	0.7%	$71.06	—	COM	291011104
JCI	JOHNSON CONTROLS INTERNATION	245,615 (-11.2%)	$35.89M (-0.9%)	0.6%	$58.27	—	SHS	G51502105
TCBK	TRICO BANCSHARES	56,154 (-20.0%)	$3.024M (-9.4%)	0.1%	$37.29	—	COM	896095106
MLR	MILLER INDS INC TENN	56,878 (-2.2%)	$2.909M (+9.9%)	0.0%	$41.60	—	COM NEW	600551204
BAP	CREDICORP LTD	37,084 (-13.7%)	$14.45M (-0.8%)	0.2%	$174.43	—	COM	G2519Y108
APC	ARKO PETE CORP	132,413 (-1.0%)	$2.496M (+4.3%)	0.0%	$17.89	—	CL A COM	04124A100
HBNC	HORIZON BANCORP IND	117,943 (-20.3%)	$2.357M (-3.9%)	0.0%	$16.16	—	COM	440407104
UMH	UMH PPTYS INC	164,842 (-2.7%)	$2.496M (+2.1%)	0.0%	$17.96	—	COM	903002103
SPFI	SOUTH PLAINS FINANCIAL INC	101,063 (-2.4%)	$4.354M (+0.4%)	0.1%	$33.52	—	COM	83946P107

Unchanged Positions (20)

TSM TAIWAN SEMICONDUCTOR MANUFAC 1.2%

Value $73.87M Shares 154,671 Est. Cost $90.39 Unrealized —

CARR CARRIER GLOBAL CORPORATION 0.7%

Value $41.71M Shares 568,663 Est. Cost $63.19 Unrealized —

XOM EXXON MOBIL CORP 0.6%

Value $35.97M Shares 263,117 Est. Cost $55.38 Unrealized —

HLNE HAMILTON LANE INC 0.4%

Value $25.46M Shares 323,000 Est. Cost $126.48 Unrealized —

CVX CHEVRON CORPORATION 0.4%

Value $23.17M Shares 139,783 Est. Cost $77.34 Unrealized —

AIZ ASSURANT INC 0.5%

Value $32.13M Shares 119,647 Est. Cost $204.24 Unrealized —

ALL ALLSTATE CORP 0.8%

Value $46.34M Shares 194,752 Est. Cost $113.28 Unrealized —

FAF FIRST AMERN FINL CORP 0.3%

Value $20.44M Shares 297,938 Est. Cost $51.62 Unrealized —

CCK CROWN HLDGS INC 0.4%

Value $24.32M Shares 217,507 Est. Cost $88.19 Unrealized —

WFC WELLS FARGO & CO 1.2%

Value $70.88M Shares 857,727 Est. Cost $38.11 Unrealized —

TRGP TARGA RES CORP 0.5%

Value $29.59M Shares 110,345 Est. Cost $165.91 Unrealized —

MRSH MARSH & MCLENNAN COS INC 0.5%

Value $28.18M Shares 169,099 Est. Cost $194.64 Unrealized —

CPA COPA HOLDINGS SA 0.1%

Value $4.09M Shares 26,289 Est. Cost $129.71 Unrealized —

OMC OMNICOM GROUP INC 0.4%

Value $25.72M Shares 353,115 Est. Cost $78.31 Unrealized —

HIG HARTFORD INSURANCE GROUP INC 0.6%

Value $35.51M Shares 267,945 Est. Cost $45.47 Unrealized —

DTE DTE ENERGY CO 0.5%

Value $28.34M Shares 186,011 Est. Cost $111.44 Unrealized —

GM GENERAL MTRS CO 0.3%

Value $17.4M Shares 225,766 Est. Cost $36.78 Unrealized —

CX CEMEX SA EURO MTN BE 144A 0.2%

Value $9.055M Shares 754,548 Est. Cost $6.15 Unrealized —

SCCO SOUTHERN COPPER CORP 0.1%

Value $8.682M Shares 49,821 Est. Cost $54.29 Unrealized —

BSAC BANCO SANTANDER CHILE NEW 0.1%

Value $6.331M Shares 192,269 Est. Cost $32.12 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MANUFAC	154,671	$73.87M	1.2%	$90.39	—	SPONSORED ADS	874039100
CARR	CARRIER GLOBAL CORPORATION	568,663	$41.71M	0.7%	$63.19	—	COM	14448C104
XOM	EXXON MOBIL CORP	263,117	$35.97M	0.6%	$55.38	—	COM	30231G102
HLNE	HAMILTON LANE INC	323,000	$25.46M	0.4%	$126.48	—	CL A	407497106
CVX	CHEVRON CORPORATION	139,783	$23.17M	0.4%	$77.34	—	COM	166764100
AIZ	ASSURANT INC	119,647	$32.13M	0.5%	$204.24	—	COM	04621X108
ALL	ALLSTATE CORP	194,752	$46.34M	0.8%	$113.28	—	COM	020002101
FAF	FIRST AMERN FINL CORP	297,938	$20.44M	0.3%	$51.62	—	COM	31847R102
CCK	CROWN HLDGS INC	217,507	$24.32M	0.4%	$88.19	—	COM	228368106
WFC	WELLS FARGO & CO	857,727	$70.88M	1.2%	$38.11	—	COM	949746101
TRGP	TARGA RES CORP	110,345	$29.59M	0.5%	$165.91	—	COM	87612G101
MRSH	MARSH & MCLENNAN COS INC	169,099	$28.18M	0.5%	$194.64	—	COM	571748102
CPA	COPA HOLDINGS SA	26,289	$4.09M	0.1%	$129.71	—	CL A	P31076105
OMC	OMNICOM GROUP INC	353,115	$25.72M	0.4%	$78.31	—	COM	681919106
HIG	HARTFORD INSURANCE GROUP INC	267,945	$35.51M	0.6%	$45.47	—	COM	416515104
DTE	DTE ENERGY CO	186,011	$28.34M	0.5%	$111.44	—	COM	233331107
GM	GENERAL MTRS CO	225,766	$17.4M	0.3%	$36.78	—	COM	37045V100
CX	CEMEX SA EURO MTN BE 144A	754,548	$9.055M	0.2%	$6.15	—	SPON ADR NEW	151290889
SCCO	SOUTHERN COPPER CORP	49,821	$8.682M	0.1%	$54.29	—	COM	84265V105
BSAC	BANCO SANTANDER CHILE NEW	192,269	$6.331M	0.1%	$32.12	—	SP ADR REP COM	05965X109