Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
COHR	COHERENT CORP	1,848	$729K	1.4%	—	—	COM	19247G107
BEN	FRANKLIN RESOURCES INC	19,970	$664K	1.3%	—	—	COM	354613101
AMD	ADVANCED MICRO DEVICES INC	1,104	$641K	1.2%	—	—	COM	007903107
LRCX	LAM RESEARCH CORP	1,460	$633K	1.2%	—	—	COM NEW	512807306
MCHP	MICROCHIP TECHNOLOGY INC.	6,686	$610K	1.2%	—	—	COM	595017104
EIX	EDISON INTL	7,434	$553K	1.1%	—	—	COM	281020107
KLAC	KLA CORP	1,808	$545K	1.1%	—	—	COM NEW	482480100
LITE	LUMENTUM HLDGS INC	616	$529K	1.0%	—	—	COM	55024U109
UCTT	ULTRA CLEAN HLDGS INC	3,539	$505K	1.0%	—	—	COM	90385V107
AMAT	APPLIED MATLS INC	695	$502K	1.0%	—	—	COM	038222105
FORM	FORMFACTOR INC	3,025	$484K	0.9%	—	—	COM	346375108
MKSI	MKS INC.	1,084	$482K	0.9%	—	—	COM	55306N104
ACMR	ACM RESH INC	3,754	$476K	0.9%	—	—	COM CL A	00108J109
ICHR	ICHOR HOLDINGS	4,241	$476K	0.9%	—	—	SHS	G4740B105
WDC	WESTERN DIGITAL CORP	715	$457K	0.9%	—	—	COM	958102105
KLIC	KULICKE & SOFFA INDS INC	3,387	$453K	0.9%	—	—	COM	501242101
POWL	POWELL INDS INC	1,581	$453K	0.9%	—	—	COM	739128106
LASR	NLIGHT INC	6,372	$444K	0.9%	—	—	COM	65487K100
SITM	SITIME CORP	590	$440K	0.8%	—	—	COM	82982T106
LSCC	LATTICE SEMICONDUCTOR CORP	2,863	$438K	0.8%	—	—	COM	518415104
GEV	GE VERNOVA INC	372	$437K	0.8%	—	—	COM	36828A101
INDI	INDIE SEMICONDUCTOR INC	97,055	$436K	0.8%	—	—	CLASS A COM	45569U101
HPE	HEWLETT PACKARD ENTERPRISE C	9,551	$431K	0.8%	—	—	COM	42824C109
INTC	INTEL CORP	3,078	$430K	0.8%	—	—	COM	458140100
SNDK	SANDISK CORP	189	$430K	0.8%	—	—	COM	80004C200
TSM	TAIWAN SEMICONDUCTOR MANUFAC	893	$426K	0.8%	—	—	SPONSORED ADS	874039100
ASML	ASML HLDG NV	214	$426K	0.8%	—	—	N Y REGISTRY SHS	N07059210
TXN	TEXAS INSTRS INC	1,419	$423K	0.8%	—	—	COM	882508104
GOOG	ALPHABET INC	1,191	$421K	0.8%	—	—	CAP STK CL C	02079K107
CSCO	CISCO SYS INC	3,570	$419K	0.8%	—	—	COM	17275R102
ACLS	AXCELIS TECHNOLOGIES INC	2,211	$419K	0.8%	—	—	COM NEW	054540208
VRT	VERTIV HOLDINGS CO	1,239	$415K	0.8%	—	—	COM CL A	92537N108
MRVL	MARVELL TECHNOLOGY INC	1,387	$413K	0.8%	—	—	COM	573874104
AEIS	ADVANCED ENERGY INDS	1,107	$413K	0.8%	—	—	COM	007973100
FN	FABRINET	719	$404K	0.8%	—	—	SHS	G3323L100
IDA	IDACORP INC	2,639	$399K	0.8%	—	—	COM	451107106
NBIS	NEBIUS GROUP N.V.	1,439	$397K	0.8%	—	—	SHS CLASS A	N97284108
NVT	NVENT ELEC PLC	2,330	$395K	0.8%	—	—	SHS	G6700G107
VECO	VEECO INSTRS INC DEL	5,179	$393K	0.8%	—	—	COM	922417100
NXT	NEXTPOWER INC	3,276	$390K	0.8%	—	—	CLASS A COM	65290E101
AVGO	BROADCOM INC	1,026	$388K	0.7%	—	—	COM	11135F101
MPWR	MONOLITHIC PWR SYS INC	279	$386K	0.7%	—	—	COM	609839105
BE	BLOOM ENERGY CORP	1,261	$382K	0.7%	—	—	COM CL A	093712107
ADTN	ADTRAN HOLDINGS INC	27,209	$378K	0.7%	—	—	COM	00486H105
AAOI	APPLIED OPTOELECTRONICS INC	2,549	$378K	0.7%	—	—	COM	03823U102
TSEM	TOWER SEMICONDUCTOR LTD	1,439	$375K	0.7%	—	—	SHS NEW	M87915274
ORA	ORMAT TECHNOLOGIES INC	3,231	$352K	0.7%	—	—	COM	686688102
AXTI	AXT INC	4,877	$352K	0.7%	—	—	COM	00246W103
POET	POET TECHNOLOGIES INC	33,949	$349K	0.7%	—	—	COM NEW	73044W302
WOLF	WOLFSPEED INC	7,185	$347K	0.7%	—	—	COMMON STOCK	97785W106
QCOM	QUALCOMM INC	1,868	$345K	0.7%	—	—	COM	747525103
TOWN	TOWNEBANK PORTSMOUTH VA	9,402	$341K	0.7%	—	—	COM	89214P109
ON	ON SEMICONDUCTOR CORP	3,392	$321K	0.6%	—	—	COM	682189105
OXY	OCCIDENTAL PETE CORP	6,393	$311K	0.6%	—	—	COM	674599105
HIG	HARTFORD INSURANCE GROUP INC	2,122	$281K	0.5%	—	—	COM	416515104
MLM	MARTIN MARIETTA MATLS INC	466	$269K	0.5%	—	—	COM	573284106
INDB	INDEPENDENT BK CORP MASS	3,205	$268K	0.5%	—	—	COM	453836108
NSC	NORFOLK SOUTHN CORP	838	$264K	0.5%	—	—	COM	655844108
CSL	CARLISLE COS INC	688	$250K	0.5%	—	—	COM	142339100
HOMB	HOME BANCSHARES INC	8,512	$243K	0.5%	—	—	COM	436893200
RNR	RENAISSANCERE HLDGS LTD	764	$242K	0.5%	—	—	COM	G7496G103
KDP	KEURIG DR PEPPER INC	7,372	$241K	0.5%	—	—	COM	49271V100
PEG	PUBLIC SVC ENTERPRISE GROUP	2,952	$240K	0.5%	—	—	COM	744573106
VMC	VULCAN MATLS CO	755	$223K	0.4%	—	—	COM	929160109
BLD	TOPBUILD COR	620	$220K	0.4%	—	—	COM	89055F103
MA	MASTERCARD INCORPORATED	427	$219K	0.4%	—	—	CL A	57636Q104
AXS	AXIS CAP HLDGS LTD	2,008	$216K	0.4%	—	—	SHS	G0692U109
KHC	KRAFT HEINZ CO	9,033	$213K	0.4%	—	—	COM	500754106
UNP	UNION PAC CORP	783	$213K	0.4%	—	—	COM	907818108
ALGM	ALLEGRO MICROSYSTEMS INC	3,019	$210K	0.4%	—	—	COM	01749D105
NWBI	NORTHWEST BANCSHARES INC	13,755	$209K	0.4%	—	—	COM	667340103
TNL	TRAVEL PLUS LEISURE CO	2,714	$207K	0.4%	—	—	COM	894164102
IR	INGERSOLL RAND INC	2,522	$207K	0.4%	—	—	COM	45687V106
AEP	AMERICAN ELEC PWR CO INC	1,492	$204K	0.4%	—	—	COM	025537101
NOG	NORTHERN OIL & GAS INC	11,235	$204K	0.4%	—	—	COM	665531307
AIG	AMERICAN INTL GROUP INC	2,729	$203K	0.4%	—	—	COM NEW	026874784
PNC	PNC FINL SVCS GROUP INC	821	$202K	0.4%	—	—	COM	693475105
HAL	HALLIBURTON CO	5,945	$202K	0.4%	—	—	COM	406216101
WSM	WILLIAMS SONOMA INC	863	$201K	0.4%	—	—	COM	969904101

Increased Positions (18)

MU MICRON TECHNOLOGY INC 4.3%

Value $2.232M (+277.8%) Shares 1,934 (+10.6%) Est. Cost — Unrealized —

GLW CORNING INC 2.2%

Value $1.132M (+244.7%) Shares 4,430 (+83.5%) Est. Cost — Unrealized —

CIEN CIENA CORP 2.2%

Value $1.161M (+112.1%) Shares 2,367 (+67.9%) Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 2.6%

Value $1.344M (+83.0%) Shares 6,715 (+59.5%) Est. Cost — Unrealized —

USB US BANCORP 1.3%

Value $678K (+71.4%) Shares 11,223 (+47.6%) Est. Cost — Unrealized —

C CITIGROUP INC 1.2%

Value $623K (+33.9%) Shares 4,448 (+8.5%) Est. Cost — Unrealized —

AFL AFLAC INC 0.6%

Value $298K (+42.5%) Shares 2,542 (+33.3%) Est. Cost — Unrealized —

TSLA TESLA INC 0.6%

Value $317K (+32.5%) Shares 753 (+17.1%) Est. Cost — Unrealized —

FNB F N B CORP 0.5%

Value $255K (+35.2%) Shares 13,377 (+18.5%) Est. Cost — Unrealized —

PSX PHILLIPS 66 0.7%

Value $344K (+23.9%) Shares 2,032 (+33.5%) Est. Cost — Unrealized —

DE DEERE & CO 0.5%

Value $278K (+30.4%) Shares 439 (+15.8%) Est. Cost — Unrealized —

DVN DEVON ENERGY CORP NEW 0.9%

Value $470K (-11.4%) Shares 11,379 (+7.9%) Est. Cost — Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.5%

Value $267K (-17.7%) Shares 6,258 (+21.1%) Est. Cost — Unrealized —

PNW PINNACLE WEST CAP CORP 0.8%

Value $414K (+13.5%) Shares 3,867 (+6.9%) Est. Cost — Unrealized —

NET CLOUDFLARE INC 0.5%

Value $264K (+22.7%) Shares 1,078 (+3.3%) Est. Cost — Unrealized —

TRGP TARGA RES CORP 0.8%

Value $415K (+12.1%) Shares 1,546 (+4.8%) Est. Cost — Unrealized —

EXE EXPAND ENERGY CORPORATION 0.4%

Value $228K (-14.2%) Shares 2,502 (+3.3%) Est. Cost — Unrealized —

SYK STRYKER CORPORATION 0.7%

Value $366K (+3.0%) Shares 1,164 (+7.5%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	1,934 (+10.6%)	$2.232M (+277.8%)	4.3%	—	—	COM	595112103
GLW	CORNING INC	4,430 (+83.5%)	$1.132M (+244.7%)	2.2%	—	—	COM	219350105
CIEN	CIENA CORP	2,367 (+67.9%)	$1.161M (+112.1%)	2.2%	—	—	COM NEW	171779309
NVDA	NVIDIA CORPORATION	6,715 (+59.5%)	$1.344M (+83.0%)	2.6%	—	—	COM	67066G104
USB	US BANCORP	11,223 (+47.6%)	$678K (+71.4%)	1.3%	—	—	COM NEW	902973304
C	CITIGROUP INC	4,448 (+8.5%)	$623K (+33.9%)	1.2%	—	—	COM NEW	172967424
AFL	AFLAC INC	2,542 (+33.3%)	$298K (+42.5%)	0.6%	—	—	COM	001055102
TSLA	TESLA INC	753 (+17.1%)	$317K (+32.5%)	0.6%	—	—	COM	88160R101
FNB	F N B CORP	13,377 (+18.5%)	$255K (+35.2%)	0.5%	—	—	COM	302520101
PSX	PHILLIPS 66	2,032 (+33.5%)	$344K (+23.9%)	0.7%	—	—	COM	718546104
DE	DEERE & CO	439 (+15.8%)	$278K (+30.4%)	0.5%	—	—	COM	244199105
DVN	DEVON ENERGY CORP NEW	11,379 (+7.9%)	$470K (-11.4%)	0.9%	—	—	COM	25179M103
BSX	BOSTON SCIENTIFIC CORP	6,258 (+21.1%)	$267K (-17.7%)	0.5%	—	—	COM	101137107
PNW	PINNACLE WEST CAP CORP	3,867 (+6.9%)	$414K (+13.5%)	0.8%	—	—	COM	723484101
NET	CLOUDFLARE INC	1,078 (+3.3%)	$264K (+22.7%)	0.5%	—	—	CL A COM	18915M107
TRGP	TARGA RES CORP	1,546 (+4.8%)	$415K (+12.1%)	0.8%	—	—	COM	87612G101
EXE	EXPAND ENERGY CORPORATION	2,502 (+3.3%)	$228K (-14.2%)	0.4%	—	—	COM	165167735
SYK	STRYKER CORPORATION	1,164 (+7.5%)	$366K (+3.0%)	0.7%	—	—	COM	863667101

Exited Positions (36)

POR PORTLAND GEN ELEC CO 1.2%

Value $645K Shares 12,214 Est. Cost — Unrealized —

LNT ALLIANT ENERGY CORP 0.8%

Value $399K Shares 5,560 Est. Cost — Unrealized —

CNP CENTERPOINT ENERGY INC 0.7%

Value $349K Shares 8,075 Est. Cost — Unrealized —

MET METLIFE INC 0.6%

Value $337K Shares 4,759 Est. Cost — Unrealized —

TTC TORO CO 0.6%

Value $333K Shares 3,567 Est. Cost — Unrealized —

SCHW SCHWAB CHARLES CORP 0.6%

Value $311K Shares 3,305 Est. Cost — Unrealized —

JBL JABIL INC 0.6%

Value $301K Shares 1,135 Est. Cost — Unrealized —

CL COLGATE PALMOLIVE CO 0.6%

Value $288K Shares 3,376 Est. Cost — Unrealized —

CCK CROWN HLDGS INC 0.6%

Value $287K Shares 2,859 Est. Cost — Unrealized —

FLS FLOWSERVE CORP 0.6%

Value $285K Shares 3,878 Est. Cost — Unrealized —

NFG NATIONAL FUEL GAS CO 0.5%

Value $277K Shares 2,943 Est. Cost — Unrealized —

DD DUPONT DE NEMOURS INC 0.5%

Value $267K Shares 5,820 Est. Cost — Unrealized —

MAS MASCO CORP 0.5%

Value $255K Shares 4,216 Est. Cost — Unrealized —

ADBE ADOBE INC 0.5%

Value $254K Shares 1,046 Est. Cost — Unrealized —

FE FIRSTENERGY CORP 0.5%

Value $252K Shares 4,979 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.5%

Value $247K Shares 752 Est. Cost — Unrealized —

HRL HORMEL FOODS CORP 0.5%

Value $245K Shares 10,830 Est. Cost — Unrealized —

GVA GRANITE CONSTR INC 0.5%

Value $239K Shares 1,994 Est. Cost — Unrealized —

ATO ATMOS ENERGY CORP 0.5%

Value $233K Shares 1,264 Est. Cost — Unrealized —

HLT HILTON WORLDWIDE HLDGS INC 0.4%

Value $233K Shares 765 Est. Cost — Unrealized —

WMB WILLIAMS COS INC 0.4%

Value $232K Shares 3,185 Est. Cost — Unrealized —

GD GENERAL DYNAMICS CORP 0.4%

Value $230K Shares 671 Est. Cost — Unrealized —

KBH KB HOME 0.4%

Value $230K Shares 4,440 Est. Cost — Unrealized —

NI NISOURCE INC 0.4%

Value $224K Shares 4,797 Est. Cost — Unrealized —

CTAS CINTAS CORP 0.4%

Value $218K Shares 1,288 Est. Cost — Unrealized —

FTNT FORTINET INC 0.4%

Value $217K Shares 2,661 Est. Cost — Unrealized —

L LOEWS CORP 0.4%

Value $216K Shares 2,024 Est. Cost — Unrealized —

JPM JPMORGAN CHASE & CO 0.4%

Value $213K Shares 725 Est. Cost — Unrealized —

BK BANK NEW YORK MELLON CORP 0.4%

Value $210K Shares 1,768 Est. Cost — Unrealized —

NBTB NBT BANCORP INC 0.4%

Value $209K Shares 4,911 Est. Cost — Unrealized —

PG PROCTER & GAMBLE CO 0.4%

Value $209K Shares 1,447 Est. Cost — Unrealized —

ALL ALLSTATE CORP 0.4%

Value $205K Shares 987 Est. Cost — Unrealized —

LOW LOWES COS INC 0.4%

Value $203K Shares 860 Est. Cost — Unrealized —

CB CHUBB LTD SWITZ 0.4%

Value $202K Shares 619 Est. Cost — Unrealized —

HUN HUNTSMAN CORP 0.3%

Value $174K Shares 13,051 Est. Cost — Unrealized —

MAT MATTEL INC 0.3%

Value $162K Shares 11,123 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
POR	PORTLAND GEN ELEC CO	12,214	$645K	1.2%	—	—	—	736508847
LNT	ALLIANT ENERGY CORP	5,560	$399K	0.8%	—	—	—	018802108
CNP	CENTERPOINT ENERGY INC	8,075	$349K	0.7%	—	—	—	15189T107
MET	METLIFE INC	4,759	$337K	0.6%	—	—	—	59156R108
TTC	TORO CO	3,567	$333K	0.6%	—	—	—	891092108
SCHW	SCHWAB CHARLES CORP	3,305	$311K	0.6%	—	—	—	808513105
JBL	JABIL INC	1,135	$301K	0.6%	—	—	—	466313103
CL	COLGATE PALMOLIVE CO	3,376	$288K	0.6%	—	—	—	194162103
CCK	CROWN HLDGS INC	2,859	$287K	0.6%	—	—	—	228368106
FLS	FLOWSERVE CORP	3,878	$285K	0.6%	—	—	—	34354P105
NFG	NATIONAL FUEL GAS CO	2,943	$277K	0.5%	—	—	—	636180101
DD	DUPONT DE NEMOURS INC	5,820	$267K	0.5%	—	—	—	26614N102
MAS	MASCO CORP	4,216	$255K	0.5%	—	—	—	574599106
ADBE	ADOBE INC	1,046	$254K	0.5%	—	—	—	00724F101
FE	FIRSTENERGY CORP	4,979	$252K	0.5%	—	—	—	337932107
HD	HOME DEPOT INC	752	$247K	0.5%	—	—	—	437076102
HRL	HORMEL FOODS CORP	10,830	$245K	0.5%	—	—	—	440452100
GVA	GRANITE CONSTR INC	1,994	$239K	0.5%	—	—	—	387328107
ATO	ATMOS ENERGY CORP	1,264	$233K	0.5%	—	—	—	049560105
HLT	HILTON WORLDWIDE HLDGS INC	765	$233K	0.4%	—	—	—	43300A203
WMB	WILLIAMS COS INC	3,185	$232K	0.4%	—	—	—	969457100
GD	GENERAL DYNAMICS CORP	671	$230K	0.4%	—	—	—	369550108
KBH	KB HOME	4,440	$230K	0.4%	—	—	—	48666K109
NI	NISOURCE INC	4,797	$224K	0.4%	—	—	—	65473P105
CTAS	CINTAS CORP	1,288	$218K	0.4%	—	—	—	172908105
FTNT	FORTINET INC	2,661	$217K	0.4%	—	—	—	34959E109
L	LOEWS CORP	2,024	$216K	0.4%	—	—	—	540424108
JPM	JPMORGAN CHASE & CO	725	$213K	0.4%	—	—	—	46625H100
BK	BANK NEW YORK MELLON CORP	1,768	$210K	0.4%	—	—	—	064058100
NBTB	NBT BANCORP INC	4,911	$209K	0.4%	—	—	—	628778102
PG	PROCTER & GAMBLE CO	1,447	$209K	0.4%	—	—	—	742718109
ALL	ALLSTATE CORP	987	$205K	0.4%	—	—	—	020002101
LOW	LOWES COS INC	860	$203K	0.4%	—	—	—	548661107
CB	CHUBB LTD SWITZ	619	$202K	0.4%	—	—	—	H1467J104
HUN	HUNTSMAN CORP	13,051	$174K	0.3%	—	—	—	447011107
MAT	MATTEL INC	11,123	$162K	0.3%	—	—	—	577081102

Decreased Positions (18)

EXC EXELON CORP 0.5%

Value $280K (-44.1%) Shares 6,013 (-41.2%) Est. Cost — Unrealized —

GE GE AEROSPACE 1.7%

Value $891K (+23.1%) Shares 2,384 (-6.5%) Est. Cost — Unrealized —

SSB SOUTHSTATE BK CORP 0.4%

Value $229K (-39.3%) Shares 2,294 (-43.8%) Est. Cost — Unrealized —

TER TERADYNE INC 0.7%

Value $375K (+47.4%) Shares 776 (-9.7%) Est. Cost — Unrealized —

MMM 3M CO 1.0%

Value $510K (-18.9%) Shares 3,152 (-27.3%) Est. Cost — Unrealized —

UNH UNITEDHEALTH GROUP INC 0.8%

Value $403K (+23.2%) Shares 970 (-19.8%) Est. Cost — Unrealized —

PPL PPL CORP 0.4%

Value $224K (-24.9%) Shares 6,166 (-21.0%) Est. Cost — Unrealized —

PGR PROGRESSIVE CORP 0.6%

Value $293K (-18.4%) Shares 1,342 (-25.9%) Est. Cost — Unrealized —

AAL AMERICAN AIRLINES GROUP INC 0.4%

Value $213K (-21.9%) Shares 11,807 (-53.6%) Est. Cost — Unrealized —

RL RALPH LAUREN CORP 0.6%

Value $295K (-15.4%) Shares 735 (-27.5%) Est. Cost — Unrealized —

FITB FIFTH THIRD BANCORP 1.5%

Value $766K (-6.1%) Shares 13,584 (-22.6%) Est. Cost — Unrealized —

PCAR PACCAR INC 0.7%

Value $379K (-11.5%) Shares 3,153 (-14.9%) Est. Cost — Unrealized —

KEY KEYCORP 1.1%

Value $559K (+6.9%) Shares 24,258 (-7.0%) Est. Cost — Unrealized —

SRE SEMPRA 0.4%

Value $217K (-13.4%) Shares 2,336 (-9.2%) Est. Cost — Unrealized —

APH AMPHENOL CORP 0.5%

Value $255K (+11.4%) Shares 1,449 (-20.2%) Est. Cost — Unrealized —

HWM HOWMET AEROSPACE INC 0.6%

Value $311K (+7.5%) Shares 1,155 (-7.9%) Est. Cost — Unrealized —

VMI VALMONT INDS INC 0.4%

Value $225K (-0.1%) Shares 389 (-30.9%) Est. Cost — Unrealized —

TFC TRUIST FINL CORP 1.4%

Value $708K (-0.0%) Shares 14,219 (-7.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EXC	EXELON CORP	6,013 (-41.2%)	$280K (-44.1%)	0.5%	—	—	COM	30161N101
GE	GE AEROSPACE	2,384 (-6.5%)	$891K (+23.1%)	1.7%	—	—	COM NEW	369604301
SSB	SOUTHSTATE BK CORP	2,294 (-43.8%)	$229K (-39.3%)	0.4%	—	—	COM	84472E102
TER	TERADYNE INC	776 (-9.7%)	$375K (+47.4%)	0.7%	—	—	COM	880770102
MMM	3M CO	3,152 (-27.3%)	$510K (-18.9%)	1.0%	—	—	COM	88579Y101
UNH	UNITEDHEALTH GROUP INC	970 (-19.8%)	$403K (+23.2%)	0.8%	—	—	COM	91324P102
PPL	PPL CORP	6,166 (-21.0%)	$224K (-24.9%)	0.4%	—	—	COM	69351T106
PGR	PROGRESSIVE CORP	1,342 (-25.9%)	$293K (-18.4%)	0.6%	—	—	COM	743315103
AAL	AMERICAN AIRLINES GROUP INC	11,807 (-53.6%)	$213K (-21.9%)	0.4%	—	—	COM	02376R102
RL	RALPH LAUREN CORP	735 (-27.5%)	$295K (-15.4%)	0.6%	—	—	CL A	751212101
FITB	FIFTH THIRD BANCORP	13,584 (-22.6%)	$766K (-6.1%)	1.5%	—	—	COM	316773100
PCAR	PACCAR INC	3,153 (-14.9%)	$379K (-11.5%)	0.7%	—	—	COM	693718108
KEY	KEYCORP	24,258 (-7.0%)	$559K (+6.9%)	1.1%	—	—	COM	493267108
SRE	SEMPRA	2,336 (-9.2%)	$217K (-13.4%)	0.4%	—	—	COM	816851109
APH	AMPHENOL CORP	1,449 (-20.2%)	$255K (+11.4%)	0.5%	—	—	CL A	032095101
HWM	HOWMET AEROSPACE INC	1,155 (-7.9%)	$311K (+7.5%)	0.6%	—	—	COM	443201108
VMI	VALMONT INDS INC	389 (-30.9%)	$225K (-0.1%)	0.4%	—	—	COM	920253101
TFC	TRUIST FINL CORP	14,219 (-7.8%)	$708K (-0.0%)	1.4%	—	—	COM	89832Q109

Unchanged Positions (4)

BAC BANK OF AMER CORP 3.8%

Value $1.965M Shares 34,480 Est. Cost — Unrealized —

MS MORGAN STANLEY 1.4%

Value $719K Shares 3,440 Est. Cost — Unrealized —

SLB SLB LIMITED 2.0%

Value $1.034M Shares 22,238 Est. Cost — Unrealized —

ABBV ABBVIE INC 0.8%

Value $398K Shares 1,583 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BAC	BANK OF AMER CORP	34,480	$1.965M	3.8%	—	—	COM	060505104
MS	MORGAN STANLEY	3,440	$719K	1.4%	—	—	COM NEW	617446448
SLB	SLB LIMITED	22,238	$1.034M	2.0%	—	—	COM STK	806857108
ABBV	ABBVIE INC	1,583	$398K	0.8%	—	—	COM	00287Y109