First Eagle Investment Management, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ADP	AUTOMATIC DATA PROCESSING IN	2,849,784	$579,019	1.0%	$240.81	0.0%	COM	053015103
BRO	BROWN & BROWN INC	8,823,162	$575,358	1.0%	$74.19	0.0%	COM	115236101
WAT	WATERS CORP	1,575,187	$469,091	0.8%	$367.10	0.0%	COM	941848103
FISV	FISERV INC	7,495,234	$418,234	0.7%	$63.95	0.0%	COM	337738108
CFR	CULLEN FROST BANKERS INC	2,265,874	$310,606	0.5%	$140.06	0.0%	COM	229899109
VSNT	VERSANT MEDIA GROUP INC	1,597,299	$59,132	0.1%	$32.14	0.0%	COM CL A	925283103
RELX	RELX PLC	802,136	$26,591	0.0%	$33.15	—	SPONSORED ADR	759530108
—	STRATEGY INC	20,000,000	$16,590	0.0%	$0.83	—	NOTE12/0	594972AS0
FUL	FULLER H B CO	228,587	$14,099	0.0%	$63.35	0.0%	COM	359694106
PLXS	PLEXUS CORP	67,541	$13,680	0.0%	$186.06	0.0%	COM	729132100
KWR	QUAKER HOUGHTON	94,538	$11,744	0.0%	$160.47	0.0%	COM	747316107
SPY	STATE STR SPDR S&P 500 ETF T	17,000	$11,056	0.0%	$650.34	—	TR UNIT	78462F103
LAD	LITHIA MTRS INC	43,700	$10,913	0.0%	$321.76	0.0%	COM	536797103
CBT	CABOT CORP	136,650	$10,291	0.0%	$73.23	0.0%	COM	127055101
HUN	HUNTSMAN CORP	770,135	$10,250	0.0%	$12.13	0.0%	COM	447011107
HRI	HERC HLDGS INC	99,033	$9,859	0.0%	$159.23	0.0%	COM	42704L104
IIIV	I3 VERTICALS INC	382,137	$8,545	0.0%	$23.53	0.0%	COM CL A	46571Y107
TALO	TALOS ENERGY INC	503,900	$7,941	0.0%	$11.93	0.0%	COM	87484T108
CVLG	COVENANT LOGISTICS GROUP INC	248,154	$6,737	0.0%	$26.86	0.0%	CL A	22284P105
OLN	OLIN CORP	213,752	$6,355	0.0%	$23.63	0.0%	COM PAR $1	680665205
CCRN	CROSS CTRY HEALTHCARE INC	589,713	$5,543	0.0%	$8.67	0.0%	COM	227483104
EXTR	EXTREME NETWORKS INC	349,540	$5,271	0.0%	$15.07	0.0%	COM	30226D106
BRZE	BRAZE INC	158,500	$3,742	0.0%	$22.60	0.0%	COM CL A	10576N102
STVN	STEVANATO GROUP S P A	157,500	$2,166	0.0%	$17.58	0.0%	ORD SHS	T9224W109
TNC	TENNANT CO	32,056	$2,129	0.0%	$77.89	0.0%	COM	880345103
ESI	ELEMENT SOLUTIONS INC	56,500	$1,929	0.0%	$30.49	0.0%	COM	28618M106
GTES	GATES INDL CORP PLC	83,500	$1,888	0.0%	$24.68	0.0%	ORD SHS	G39108108
ARLO	ARLO TECHNOLOGIES INC	92,500	$1,316	0.0%	$12.80	0.0%	COM	04206A101
LFUS	LITTELFUSE INC	3,350	$1,137	0.0%	$319.97	0.0%	COM	537008104
FEMD	FIRST EAGLE ETF TR	30,001	$1,001	0.0%	$33.38	—	MID CAP EQUITY E	32012B203
USFE	FIRST EAGLE ETF TR	30,000	$996	0.0%	$33.19	—	US EQUITY ETF	32012B104
JBHT	HUNT J B TRANS SVCS INC	4,532	$960	0.0%	$213.95	0.0%	COM	445658107
AOSL	ALPHA & OMEGA SEMICONDUCTOR	40,000	$886	0.0%	$22.04	0.0%	SHS	G6331P104
CHWY	CHEWY INC	21,500	$581	0.0%	$29.26	0.0%	CL A	16679L109
SUNB	SUNBELT RENTALS HOLDINGS INC	7,146	$449	0.0%	$62.82	—	SHS	866966104
LRN	STRIDE INC	4,268	$376	0.0%	$78.14	0.0%	COM	86333M108
XGN	EXAGEN INC	125,242	$376	0.0%	$4.33	0.0%	COM	30068X103
CLX	CLOROX CO DEL	35	$4	0.0%	$114.41	0.0%	COM	189054109
XRT	SPDR SERIES TRUST	300,000	$0	0.0%	—	—	CALL	78464A714
IWM	ISHARES TR	200,000	$0	0.0%	—	—	CALL	464287655
IWM	ISHARES TR	200,000	$0	0.0%	—	—	PUT	464287655
LQD	ISHARES TR	600,000	$0	0.0%	—	—	CALL	464287242

Increased Positions (217)

SLB SLB LIMITED 2.5%

Value ($000) $1,458,251 (+37.1%) Shares 28,376,167 (+2.4%) Est. Cost $43.79 Unrealized +10.3%

BDX BECTON DICKINSON & CO 3.2%

Value ($000) $1,875,457 (-17.0%) Shares 11,928,111 (+2.4%) Est. Cost $203.01 Unrealized -17.3%

ORCL ORACLE CORP 2.1%

Value ($000) $1,240,899 (-23.2%) Shares 8,435,178 (+1.7%) Est. Cost $31.97 Unrealized +430.5%

NE NOBLE CORP PLC 1.1%

Value ($000) $665,480 (+93.2%) Shares 13,561,846 (+11.2%) Est. Cost $34.66 Unrealized +7.2%

BXP BXP INC 0.8%

Value ($000) $484,978 (+110.7%) Shares 9,344,461 (+174.0%) Est. Cost $67.85 Unrealized -0.0%

META META PLATFORMS INC 3.1%

Value ($000) $1,826,867 (-12.1%) Shares 3,193,098 (+1.4%) Est. Cost $205.91 Unrealized +218.4%

FNV FRANCO NEV CORP 2.2%

Value ($000) $1,306,178 (+23.0%) Shares 5,274,537 (+2.9%) Est. Cost $124.64 Unrealized +97.2%

WY WEYERHAEUSER CO 1.9%

Value ($000) $1,130,949 (+26.9%) Shares 46,293,464 (+23.1%) Est. Cost $22.08 Unrealized +7.8%

MSFT MICROSOFT CORP 0.8%

Value ($000) $490,512 (+81.9%) Shares 1,325,098 (+137.6%) Est. Cost $270.36 Unrealized +60.8%

OKE ONEOK INC NEW 1.8%

Value ($000) $1,055,681 (+26.4%) Shares 11,679,175 (+2.8%) Est. Cost $71.91 Unrealized +9.2%

IPGP IPG PHOTONICS CORP 0.9%

Value ($000) $526,352 (+63.8%) Shares 4,593,349 (+2.4%) Est. Cost $128.92 Unrealized -21.1%

ELV ELEVANCE HEALTH INC FORMERLY 2.1%

Value ($000) $1,209,728 (-14.2%) Shares 4,132,291 (+2.7%) Est. Cost $290.49 Unrealized +21.0%

ABEV AMBEV SA 1.7%

Value ($000) $1,013,195 (+22.1%) Shares 346,984,557 (+3.3%) Est. Cost $2.56 Unrealized —

EXR EXTRA SPACE STORAGE INC 0.9%

Value ($000) $503,368 (+51.5%) Shares 3,838,691 (+50.4%) Est. Cost $127.54 Unrealized +2.7%

FMX FOMENTO ECONOMICO MEXICANO S 2.4%

Value ($000) $1,432,924 (+13.4%) Shares 12,902,253 (+3.2%) Est. Cost $71.48 Unrealized —

CHTR CHARTER COMMUNICATIONS INC 1.3%

Value ($000) $772,885 (+24.7%) Shares 3,580,160 (+20.6%) Est. Cost $255.83 Unrealized -16.5%

UHS UNIVERSAL HLTH SVCS INC 1.3%

Value ($000) $791,814 (-15.8%) Shares 4,424,281 (+2.6%) Est. Cost $122.94 Unrealized +74.3%

WTW WILLIS TOWERS WATSON PLC LTD 2.1%

Value ($000) $1,261,452 (-9.7%) Shares 4,339,361 (+2.1%) Est. Cost $175.51 Unrealized +79.4%

DIS DISNEY WALT CO 0.9%

Value ($000) $506,388 (+29.3%) Shares 5,254,083 (+52.6%) Est. Cost $92.40 Unrealized +18.4%

AXP AMERICAN EXPRESS CO 0.9%

Value ($000) $502,912 (-17.1%) Shares 1,662,628 (+1.4%) Est. Cost $80.06 Unrealized +344.9%

IFF INTERNATIONAL FLAVORS&FRAGRA 1.1%

Value ($000) $675,779 (+13.5%) Shares 9,314,670 (+5.5%) Est. Cost $72.88 Unrealized +1.7%

FNF FIDELITY NATL FINL INC 0.7%

Value ($000) $411,859 (+23.6%) Shares 8,880,108 (+45.5%) Est. Cost $40.28 Unrealized +35.4%

MICC MAGNUM ICE CREAM CO NV 0.6%

Value ($000) $333,725 (+28.1%) Shares 22,709,344 (+39.2%) Est. Cost $16.00 Unrealized +5.1%

MDT MEDTRONIC PLC 1.5%

Value ($000) $870,373 (-7.3%) Shares 10,044,695 (+2.8%) Est. Cost $74.63 Unrealized +33.3%

CL COLGATE PALMOLIVE CO 1.2%

Value ($000) $691,793 (+10.6%) Shares 8,116,782 (+2.5%) Est. Cost $54.37 Unrealized +63.2%

BIL SPDR SERIES TRUST 0.2%

Value ($000) $124,943 (+92.0%) Shares 1,363,410 (+91.4%) Est. Cost $91.61 Unrealized —

CSL CARLISLE COS INC 0.4%

Value ($000) $264,616 (+28.0%) Shares 793,165 (+22.8%) Est. Cost $352.76 Unrealized +5.3%

DE DEERE & CO 0.5%

Value ($000) $300,253 (+23.5%) Shares 533,025 (+2.1%) Est. Cost $89.22 Unrealized +518.0%

WDAY WORKDAY INC 1.7%

Value ($000) $988,524 (+6.1%) Shares 7,608,713 (+75.4%) Est. Cost $204.97 Unrealized -15.8%

BIO BIO RAD LABS INC 1.2%

Value ($000) $725,523 (-6.8%) Shares 2,602,772 (+1.3%) Est. Cost $275.54 Unrealized +8.5%

PPG PPG INDS INC 1.2%

Value ($000) $687,781 (+6.7%) Shares 6,435,076 (+2.3%) Est. Cost $111.63 Unrealized +4.7%

PM PHILIP MORRIS INTL INC 1.7%

Value ($000) $974,259 (+4.6%) Shares 5,892,458 (+1.5%) Est. Cost $63.09 Unrealized +178.8%

BK BANK NEW YORK MELLON CORP 2.0%

Value ($000) $1,170,650 (+3.5%) Shares 9,868,077 (+1.3%) Est. Cost $25.63 Unrealized +368.8%

OMC OMNICOM GROUP INC 0.9%

Value ($000) $549,997 (+7.2%) Shares 7,303,113 (+15.0%) Est. Cost $74.62 Unrealized +2.6%

SHEL SHELL PLC 0.2%

Value ($000) $98,303 (+53.1%) Shares 1,057,021 (+21.0%) Est. Cost $70.34 Unrealized —

CMI CUMMINS INC 0.7%

Value ($000) $412,785 (+7.1%) Shares 767,231 (+1.6%) Est. Cost $108.41 Unrealized +430.9%

EQR EQUITY RESIDENTIAL 0.9%

Value ($000) $560,132 (-3.9%) Shares 9,469,693 (+2.5%) Est. Cost $53.20 Unrealized +16.6%

CCU COMPANIA CERVECERIAS UNIDAS 0.3%

Value ($000) $182,967 (-9.9%) Shares 16,120,458 (+1.3%) Est. Cost $18.79 Unrealized —

BTI BRITISH AMERN TOB PLC 0.2%

Value ($000) $97,558 (+22.4%) Shares 1,668,522 (+18.5%) Est. Cost $42.99 Unrealized —

ACN ACCENTURE PLC IRELAND 0.0%

Value ($000) $17,894 (+2506.3%) Shares 90,244 (+3426.5%) Est. Cost $252.42 Unrealized +0.3%

UCTT ULTRA CLEAN HLDGS INC 0.0%

Value ($000) $26,992 (+159.5%) Shares 434,100 (+5.7%) Est. Cost $33.56 Unrealized +39.8%

EPD ENTERPRISE PRODS PARTNERS L 0.1%

Value ($000) $73,466 (+19.6%) Shares 1,941,481 (+1.3%) Est. Cost $19.73 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.7%

Value ($000) $405,749 (-2.8%) Shares 565 (+2.2%) Est. Cost $188608.38 Unrealized +292.5%

COHU COHU INC 0.0%

Value ($000) $14,516 (+151.9%) Shares 474,068 (+91.4%) Est. Cost $23.09 Unrealized +26.8%

XRAY DENTSPLY SIRONA INC 0.3%

Value ($000) $175,484 (+4.9%) Shares 15,127,933 (+3.3%) Est. Cost $37.65 Unrealized -66.5%

ONTO ONTO INNOVATION INC 0.0%

Value ($000) $8,815 (+736.5%) Shares 42,983 (+543.9%) Est. Cost $194.71 Unrealized +6.2%

ITUB ITAU UNIBANCO HLDG S A 0.0%

Value ($000) $27,757 (+38.8%) Shares 3,312,310 (+18.6%) Est. Cost $6.26 Unrealized —

MTRN MATERION CORP 0.0%

Value ($000) $14,747 (+104.5%) Shares 101,950 (+75.8%) Est. Cost $128.44 Unrealized +13.2%

STNG SCORPIO TANKERS INC 0.0%

Value ($000) $17,550 (+61.3%) Shares 235,068 (+9.8%) Est. Cost $65.21 Unrealized —

ATEC ALPHATEC HLDGS INC 0.0%

Value ($000) $7,579 (-46.7%) Shares 696,637 (+3.0%) Est. Cost $8.77 Unrealized +82.0%

HLN HALEON PLC 0.1%

Value ($000) $40,367 (+19.7%) Shares 4,032,643 (+20.9%) Est. Cost $9.03 Unrealized —

DEI DOUGLAS EMMETT INC 0.2%

Value ($000) $131,485 (-4.7%) Shares 13,958,053 (+11.2%) Est. Cost $22.03 Unrealized —

ADTN ADTRAN HOLDINGS INC 0.0%

Value ($000) $17,218 (+60.4%) Shares 1,368,707 (+10.8%) Est. Cost $8.02 Unrealized +19.4%

BHE BENCHMARK ELECTRS INC 0.0%

Value ($000) $16,626 (+55.2%) Shares 296,569 (+18.4%) Est. Cost $30.41 Unrealized +73.4%

UTI UNIVERSAL TECHNICAL INST INC 0.0%

Value ($000) $17,044 (+45.8%) Shares 472,135 (+5.6%) Est. Cost $12.45 Unrealized +129.6%

FLOC FLOWCO HLDGS INC 0.0%

Value ($000) $11,719 (+81.6%) Shares 568,865 (+65.2%) Est. Cost $18.34 Unrealized +14.7%

SONO SONOS INC 0.0%

Value ($000) $9,501 (+119.6%) Shares 709,004 (+187.7%) Est. Cost $16.43 Unrealized -3.3%

SPB SPECTRUM BRANDS HOLDINGS INC 0.0%

Value ($000) $17,118 (+40.1%) Shares 232,272 (+12.3%) Est. Cost $77.93 Unrealized -11.4%

SIMO SILICON MOTION TECHNOLOGY CO 0.0%

Value ($000) $18,914 (+32.9%) Shares 168,439 (+9.7%) Est. Cost $79.27 Unrealized —

VSH VISHAY INTERTECHNOLOGY INC 0.0%

Value ($000) $19,144 (+29.2%) Shares 1,063,572 (+4.0%) Est. Cost $16.39 Unrealized +13.3%

ABCB AMERIS BANCORP 0.0%

Value ($000) $19,300 (+27.6%) Shares 247,471 (+21.5%) Est. Cost $50.95 Unrealized +59.0%

RELY REMITLY GLOBAL INC 0.0%

Value ($000) $13,029 (+47.2%) Shares 831,454 (+29.6%) Est. Cost $14.39 Unrealized -3.1%

LPG DORIAN LPG LTD 0.0%

Value ($000) $13,506 (+43.8%) Shares 394,925 (+2.4%) Est. Cost $24.67 Unrealized +23.2%

AIN ALBANY INTL CORP 0.0%

Value ($000) $10,694 (+60.0%) Shares 204,829 (+55.4%) Est. Cost $56.77 Unrealized +0.4%

TRNS TRANSCAT INC 0.0%

Value ($000) $11,241 (+54.9%) Shares 153,047 (+19.6%) Est. Cost $63.32 Unrealized +8.0%

NPO ENPRO INC 0.0%

Value ($000) $17,509 (+27.1%) Shares 69,855 (+8.6%) Est. Cost $132.50 Unrealized +88.4%

ABM ABM INDS INC 0.0%

Value ($000) $11,285 (+48.0%) Shares 292,975 (+62.6%) Est. Cost $44.20 Unrealized +2.0%

RRBI RED RIVER BANCSHARES INC 0.0%

Value ($000) $7,053 (+99.9%) Shares 77,988 (+57.9%) Est. Cost $73.38 Unrealized +11.8%

CMCSA COMCAST CORP NEW 1.8%

Value ($000) $1,084,682 (+0.3%) Shares 37,780,637 (+4.4%) Est. Cost $28.45 Unrealized +4.8%

CENTA CENTRAL GARDEN & PET CO 0.0%

Value ($000) $8,443 (+65.8%) Shares 260,438 (+49.3%) Est. Cost $29.77 Unrealized +5.8%

ROG ROGERS CORP 0.0%

Value ($000) $14,148 (+30.6%) Shares 131,818 (+11.4%) Est. Cost $81.42 Unrealized +24.5%

MATV MATIV HOLDINGS INC 0.0%

Value ($000) $9,559 (-25.3%) Shares 1,098,792 (+4.3%) Est. Cost $11.17 Unrealized +15.5%

FLYW FLYWIRE CORPORATION 0.0%

Value ($000) $9,322 (+53.0%) Shares 800,837 (+86.1%) Est. Cost $12.44 Unrealized +1.8%

PXED PHOENIX ED PARTNERS INC 0.0%

Value ($000) $8,677 (+59.0%) Shares 275,810 (+53.1%) Est. Cost $32.17 Unrealized -6.5%

MG MISTRAS GROUP INC 0.0%

Value ($000) $4,161 (+326.0%) Shares 281,532 (+264.6%) Est. Cost $13.46 Unrealized +6.1%

CYRX CRYOPORT INC 0.0%

Value ($000) $6,167 (+105.9%) Shares 744,849 (+138.7%) Est. Cost $9.52 Unrealized +0.5%

SMBK SMARTFINANCIAL INC 0.0%

Value ($000) $8,755 (+55.6%) Shares 224,039 (+47.2%) Est. Cost $37.40 Unrealized +7.3%

KOF COCA-COLA FEMSA SAB DE CV 0.1%

Value ($000) $38,312 (+8.9%) Shares 392,739 (+5.7%) Est. Cost $64.05 Unrealized —

LNC LINCOLN NATL CORP IND 0.0%

Value ($000) $15,205 (-16.7%) Shares 428,310 (+4.5%) Est. Cost $24.58 Unrealized +66.3%

NVGS NAVIGATOR HLDGS LTD 0.0%

Value ($000) $15,089 (+25.2%) Shares 780,619 (+12.2%) Est. Cost $13.03 Unrealized +42.7%

FVR FRONTVIEW REIT INC 0.0%

Value ($000) $8,928 (+51.6%) Shares 577,126 (+44.6%) Est. Cost $14.92 Unrealized —

VITL VITAL FARMS INC 0.0%

Value ($000) $7,511 (-28.8%) Shares 531,960 (+61.1%) Est. Cost $32.41 Unrealized -14.1%

INTT INTEST CORP 0.0%

Value ($000) $5,789 (+107.9%) Shares 424,102 (+13.8%) Est. Cost $11.62 Unrealized -20.6%

TRN TRINITY INDS INC 0.0%

Value ($000) $13,375 (+27.7%) Shares 415,619 (+4.9%) Est. Cost $23.03 Unrealized +30.7%

ATRC ATRICURE INC 0.0%

Value ($000) $7,479 (+62.1%) Shares 262,143 (+124.8%) Est. Cost $36.80 Unrealized +0.3%

PUMP PROPETRO HLDG CORP 0.0%

Value ($000) $7,462 (+61.0%) Shares 517,833 (+6.3%) Est. Cost $9.51 Unrealized +14.1%

HNGE HINGE HEALTH INC 0.0%

Value ($000) $12,992 (+26.1%) Shares 336,942 (+51.9%) Est. Cost $46.60 Unrealized -12.9%

AORT ARTIVION INC 0.0%

Value ($000) $11,411 (-18.5%) Shares 311,601 (+1.5%) Est. Cost $17.20 Unrealized +139.4%

BCC BOISE CASCADE CO DEL 0.0%

Value ($000) $12,918 (+24.9%) Shares 170,308 (+21.2%) Est. Cost $90.71 Unrealized -7.7%

SIBN SI BONE INC 0.0%

Value ($000) $8,070 (-23.9%) Shares 638,941 (+18.9%) Est. Cost $15.66 Unrealized +8.1%

FLS FLOWSERVE CORP 0.0%

Value ($000) $8,215 (+44.3%) Shares 111,759 (+36.2%) Est. Cost $68.50 Unrealized +17.8%

COLB COLUMBIA BKG SYS INC 0.0%

Value ($000) $6,281 (+64.6%) Shares 229,000 (+67.8%) Est. Cost $27.76 Unrealized +7.9%

BDC BELDEN INC 0.0%

Value ($000) $11,778 (+26.3%) Shares 102,566 (+28.1%) Est. Cost $92.02 Unrealized +39.8%

PKOH PARK-OHIO HLDGS CORP 0.0%

Value ($000) $11,569 (+26.8%) Shares 481,247 (+10.5%) Est. Cost $21.93 Unrealized +9.8%

CMCO COLUMBUS MCKINNON CORP N Y 0.0%

Value ($000) $4,861 (+97.2%) Shares 334,581 (+134.1%) Est. Cost $18.46 Unrealized +10.2%

HZO MARINEMAX INC 0.0%

Value ($000) $9,094 (+35.8%) Shares 336,052 (+21.6%) Est. Cost $27.52 Unrealized +2.7%

DSX DIANA SHIPPING INC 0.0%

Value ($000) $3,162 (+308.2%) Shares 1,264,601 (+171.0%) Est. Cost $2.03 Unrealized +8.3%

MTRX MATRIX SVC CO 0.0%

Value ($000) $9,767 (+30.4%) Shares 850,809 (+32.9%) Est. Cost $12.89 Unrealized -2.8%

LOCO EL POLLO LOCO HLDGS INC 0.0%

Value ($000) $7,974 (+39.2%) Shares 575,293 (+5.0%) Est. Cost $10.88 Unrealized -1.4%

HLIT HARMONIC INC 0.0%

Value ($000) $10,604 (+26.2%) Shares 1,180,876 (+38.9%) Est. Cost $9.90 Unrealized +2.6%

SBCF SEACOAST BKG CORP FLA 0.0%

Value ($000) $15,298 (+16.5%) Shares 505,065 (+20.9%) Est. Cost $26.68 Unrealized +25.4%

TITN TITAN MACHY INC 0.0%

Value ($000) $13,396 (+19.0%) Shares 801,199 (+7.0%) Est. Cost $19.83 Unrealized -11.7%

WSR WHITESTONE REIT 0.0%

Value ($000) $11,985 (+21.0%) Shares 742,115 (+4.1%) Est. Cost $10.91 Unrealized —

AIR AAR CORP 0.0%

Value ($000) $7,005 (+37.3%) Shares 63,992 (+3.9%) Est. Cost $59.07 Unrealized +79.7%

TKR TIMKEN CO 0.0%

Value ($000) $9,237 (+25.9%) Shares 91,847 (+5.3%) Est. Cost $71.54 Unrealized +37.6%

INSG INSEEGO CORP 0.0%

Value ($000) $6,348 (+41.8%) Shares 570,849 (+31.0%) Est. Cost $11.81 Unrealized -6.4%

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $11,041 (-14.4%) Shares 40,804 (+4.4%) Est. Cost $436.33 Unrealized -29.3%

EXP EAGLE MATLS INC 0.0%

Value ($000) $12,415 (+17.0%) Shares 65,533 (+27.7%) Est. Cost $221.50 Unrealized +1.6%

ONB OLD NATL BANCORP IND 0.0%

Value ($000) $15,399 (+12.8%) Shares 696,784 (+13.9%) Est. Cost $18.06 Unrealized +33.7%

AX AXOS FINANCIAL INC 0.0%

Value ($000) $14,007 (+14.3%) Shares 164,612 (+15.7%) Est. Cost $52.26 Unrealized +81.1%

NTGR NETGEAR INC 0.0%

Value ($000) $6,311 (+37.7%) Shares 288,945 (+54.7%) Est. Cost $19.81 Unrealized +9.2%

AMBQ AMBIQ MICRO INC 0.0%

Value ($000) $7,091 (+31.1%) Shares 279,073 (+47.1%) Est. Cost $31.21 Unrealized +0.9%

MASS 908 DEVICES INC 0.0%

Value ($000) $4,918 (+50.2%) Shares 803,606 (+28.8%) Est. Cost $6.21 Unrealized +1.1%

ONEW ONEWATER MARINE INC 0.0%

Value ($000) $4,968 (+48.8%) Shares 525,668 (+70.4%) Est. Cost $14.83 Unrealized -12.5%

VLY VALLEY NATL BANCORP 0.0%

Value ($000) $11,930 (+15.7%) Shares 971,500 (+10.0%) Est. Cost $8.98 Unrealized +40.8%

UL UNILEVER PLC 0.1%

Value ($000) $45,914 (+3.6%) Shares 805,940 (+19.0%) Est. Cost $64.06 Unrealized —

NVST ENVISTA HOLDINGS CORPORATION 0.0%

Value ($000) $6,710 (+31.5%) Shares 264,500 (+12.6%) Est. Cost $21.12 Unrealized +21.9%

AVBH AVIDBANK HLDGS INC 0.0%

Value ($000) $5,624 (+38.0%) Shares 197,340 (+28.6%) Est. Cost $25.49 Unrealized +11.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $27,603 (+5.9%) Shares 57,603 (+11.0%) Est. Cost $484.05 Unrealized +1.9%

USB US BANCORP 0.8%

Value ($000) $469,031 (-0.3%) Shares 9,018,084 (+2.3%) Est. Cost $24.65 Unrealized +129.7%

FIP FTAI INFRASTRUCTURE INC 0.0%

Value ($000) $12,476 (+13.5%) Shares 2,525,562 (+5.9%) Est. Cost $6.54 Unrealized -11.6%

ETD ETHAN ALLEN INTERIORS INC 0.0%

Value ($000) $7,629 (+23.4%) Shares 342,731 (+26.7%) Est. Cost $26.06 Unrealized -9.6%

CAKE CHEESECAKE FACTORY INC 0.0%

Value ($000) $8,081 (+21.6%) Shares 147,591 (+12.2%) Est. Cost $40.08 Unrealized +49.7%

SDHC SMITH DOUGLAS HOMES CORP 0.0%

Value ($000) $4,925 (-22.5%) Shares 384,774 (+1.6%) Est. Cost $25.02 Unrealized -26.2%

RDNT RADNET INC 0.0%

Value ($000) $5,261 (-20.8%) Shares 94,136 (+1.1%) Est. Cost $47.69 Unrealized +50.0%

CMC COMMERCIAL METALS CO 0.0%

Value ($000) $17,541 (-7.0%) Shares 285,546 (+4.8%) Est. Cost $47.88 Unrealized +60.7%

KMPR KEMPER CORP 0.0%

Value ($000) $4,560 (+40.2%) Shares 149,203 (+86.0%) Est. Cost $39.86 Unrealized -8.7%

MRVI MARAVAI LIFESCIENCES HLDGS I 0.0%

Value ($000) $7,144 (+22.2%) Shares 2,524,336 (+40.3%) Est. Cost $3.25 Unrealized +6.7%

DCOM DIME CMNTY BANCSHARES INC 0.0%

Value ($000) $9,103 (+15.5%) Shares 269,160 (+2.8%) Est. Cost $19.81 Unrealized +66.4%

OGS ONE GAS INC 0.0%

Value ($000) $9,239 (+14.9%) Shares 107,264 (+3.1%) Est. Cost $70.92 Unrealized +13.8%

QTRX QUANTERIX CORP 0.0%

Value ($000) $4,576 (+35.4%) Shares 1,300,087 (+144.6%) Est. Cost $6.38 Unrealized +1.9%

KRE SPDR SERIES TRUST 0.0%

Value ($000) $11,474 (+11.3%) Shares 176,119 (+10.7%) Est. Cost $63.80 Unrealized —

DNOW DNOW INC 0.0%

Value ($000) $4,213 (+36.7%) Shares 353,758 (+52.1%) Est. Cost $12.14 Unrealized +20.2%

DEO DIAGEO PLC 0.0%

Value ($000) $11,852 (+10.5%) Shares 159,194 (+28.0%) Est. Cost $103.21 Unrealized —

IBP INSTALLED BLDG PRODS INC 0.0%

Value ($000) $16,928 (+7.0%) Shares 63,843 (+4.7%) Est. Cost $165.83 Unrealized +85.2%

PWP PERELLA WEINBERG PARTNERS 0.0%

Value ($000) $11,169 (+10.6%) Shares 615,057 (+5.3%) Est. Cost $15.41 Unrealized +36.1%

LPX LOUISIANA PAC CORP 0.0%

Value ($000) $16,871 (+6.7%) Shares 231,910 (+18.5%) Est. Cost $71.51 Unrealized +24.6%

BBCP CONCRETE PUMPING HLDGS INC 0.0%

Value ($000) $4,684 (+29.3%) Shares 656,001 (+21.6%) Est. Cost $6.33 Unrealized +2.8%

DGII DIGI INTL INC 0.0%

Value ($000) $8,373 (+14.2%) Shares 173,709 (+2.5%) Est. Cost $29.92 Unrealized +51.1%

CON CONCENTRA GROUP HOLDINGS PAR 0.0%

Value ($000) $8,576 (+13.7%) Shares 399,826 (+4.3%) Est. Cost $20.49 Unrealized +8.0%

VMD VIEMED HEALTHCARE INC 0.0%

Value ($000) $4,878 (+26.7%) Shares 529,657 (+2.2%) Est. Cost $7.86 Unrealized -0.5%

RRX REGAL REXNORD CORPORATION 0.0%

Value ($000) $1,015 (+27711.8%) Shares 5,418 (+20738.5%) Est. Cost $180.88 Unrealized +0.1%

TRS TRIMAS CORP 0.0%

Value ($000) $11,429 (+9.4%) Shares 318,006 (+7.9%) Est. Cost $26.32 Unrealized +34.9%

OTIS OTIS WORLDWIDE CORP 0.0%

Value ($000) $15,110 (+6.4%) Shares 196,033 (+20.5%) Est. Cost $91.50 Unrealized -2.2%

POWW OUTDOOR HOLDING CO 0.0%

Value ($000) $4,108 (+26.4%) Shares 2,043,870 (+7.5%) Est. Cost $2.13 Unrealized -13.9%

AEBI AEBI SCHMIDT HLDG AG 0.0%

Value ($000) $3,022 (-22.0%) Shares 311,189 (+1.6%) Est. Cost $11.47 Unrealized +27.5%

PEP PEPSICO INC 0.0%

Value ($000) $7,214 (+13.0%) Shares 46,457 (+4.4%) Est. Cost $127.85 Unrealized +21.0%

DINO HF SINCLAIR CORP 0.0%

Value ($000) $1,041 (+392.2%) Shares 16,691 (+263.6%) Est. Cost $49.80 Unrealized +4.2%

WLK WESTLAKE CORPORATION 0.0%

Value ($000) $832 (+21117.8%) Shares 7,118 (+13330.2%) Est. Cost $89.14 Unrealized +0.2%

STC STEWART INFORMATION SVCS COR 0.0%

Value ($000) $7,736 (-9.6%) Shares 125,618 (+3.2%) Est. Cost $48.27 Unrealized +41.7%

NPKI NPK INTERNATIONAL INC 0.0%

Value ($000) $3,968 (+25.5%) Shares 273,821 (+3.2%) Est. Cost $7.22 Unrealized +91.2%

SRTA STRATA CRITICAL MEDICAL INC 0.0%

Value ($000) $9,473 (-7.5%) Shares 2,266,243 (+6.4%) Est. Cost $4.04 Unrealized +24.4%

HSTM HEALTHSTREAM INC 0.0%

Value ($000) $8,816 (-7.6%) Shares 425,698 (+2.9%) Est. Cost $24.10 Unrealized -11.3%

AXS AXIS CAP HLDGS LTD 0.0%

Value ($000) $9,203 (+8.4%) Shares 90,749 (+14.5%) Est. Cost $67.96 Unrealized +51.8%

SKT TANGER INC 0.0%

Value ($000) $6,709 (+11.8%) Shares 197,425 (+9.8%) Est. Cost $25.41 Unrealized —

PACK RANPAK HOLDINGS CORP 0.0%

Value ($000) $2,816 (+33.5%) Shares 788,839 (+102.3%) Est. Cost $5.21 Unrealized +6.8%

HOFT HOOKER FURNISHINGS CORPORATI 0.0%

Value ($000) $4,728 (+16.5%) Shares 367,097 (+2.2%) Est. Cost $12.77 Unrealized +5.1%

QNST QUINSTREET INC 0.0%

Value ($000) $4,202 (+17.0%) Shares 349,874 (+40.0%) Est. Cost $13.78 Unrealized -5.0%

RES RPC INC 0.0%

Value ($000) $2,387 (+34.1%) Shares 337,149 (+3.1%) Est. Cost $5.90 Unrealized +1.1%

PR PERMIAN RESOURCES CORP 0.0%

Value ($000) $1,090 (+112.1%) Shares 51,142 (+39.6%) Est. Cost $13.97 Unrealized +13.0%

CRM SALESFORCE INC 1.9%

Value ($000) $1,144,766 (+0.0%) Shares 6,132,564 (+42.0%) Est. Cost $223.53 Unrealized -3.5%

MEC MAYVILLE ENGR CO INC 0.0%

Value ($000) $7,253 (+8.2%) Shares 404,075 (+12.8%) Est. Cost $16.09 Unrealized +22.9%

MGNI MAGNITE INC 0.0%

Value ($000) $5,349 (+11.2%) Shares 450,288 (+51.9%) Est. Cost $14.56 Unrealized -5.2%

FTAI FTAI AVIATION LTD 0.0%

Value ($000) $1,034 (+108.5%) Shares 4,219 (+67.5%) Est. Cost $210.77 Unrealized +28.5%

ASYS AMTECH SYS INC 0.0%

Value ($000) $9,723 (+5.5%) Shares 832,453 (+13.4%) Est. Cost $8.75 Unrealized +62.1%

DORM DORMAN PRODS INC 0.0%

Value ($000) $9,532 (+5.5%) Shares 91,342 (+24.5%) Est. Cost $133.32 Unrealized -5.1%

HLLY HOLLEY INC 0.0%

Value ($000) $1,476 (-24.9%) Shares 480,797 (+1.1%) Est. Cost $2.75 Unrealized +50.4%

RLGT RADIANT LOGISTICS INC 0.0%

Value ($000) $3,641 (+14.8%) Shares 516,507 (+3.0%) Est. Cost $6.47 Unrealized +7.8%

SLP SIMULATIONS PLUS INC 0.0%

Value ($000) $8,771 (+5.2%) Shares 742,069 (+62.3%) Est. Cost $17.02 Unrealized -3.6%

CCS CENTURY COMMUNITIES INC 0.0%

Value ($000) $14,730 (+3.0%) Shares 256,716 (+6.5%) Est. Cost $69.45 Unrealized -3.0%

PROF PROFOUND MED CORP 0.0%

Value ($000) $2,091 (-15.0%) Shares 322,707 (+3.2%) Est. Cost $5.33 Unrealized +39.5%

UMH UMH PPTYS INC 0.0%

Value ($000) $11,038 (-3.2%) Shares 764,919 (+6.8%) Est. Cost $18.09 Unrealized —

STRW STRAWBERRY FIELDS REIT INC 0.0%

Value ($000) $3,922 (-8.0%) Shares 329,589 (+1.2%) Est. Cost $11.47 Unrealized —

TMHC TAYLOR MORRISON HOME CORP 0.0%

Value ($000) $13,987 (+2.3%) Shares 240,154 (+3.5%) Est. Cost $59.90 Unrealized +6.7%

CDNA CAREDX INC 0.0%

Value ($000) $9,988 (-3.0%) Shares 575,365 (+5.2%) Est. Cost $14.84 Unrealized +32.7%

ANGO ANGIODYNAMICS INC 0.0%

Value ($000) $3,135 (-8.8%) Shares 275,735 (+3.0%) Est. Cost $6.79 Unrealized +58.9%

LYG LLOYDS BANKING GROUP PLC 0.1%

Value ($000) $37,243 (+0.8%) Shares 7,404,153 (+6.2%) Est. Cost $3.06 Unrealized —

LFST LIFESTANCE HEALTH GROUP INC 0.0%

Value ($000) $10,259 (-2.6%) Shares 1,610,466 (+7.6%) Est. Cost $6.59 Unrealized +8.3%

EQIX EQUINIX INC 0.0%

Value ($000) $546 (+101.9%) Shares 557 (+57.8%) Est. Cost $776.66 Unrealized -1.6%

RKT ROCKET COS INC 0.0%

Value ($000) $923 (-22.8%) Shares 64,764 (+4.9%) Est. Cost $11.56 Unrealized +74.4%

UTZ UTZ BRANDS INC 0.0%

Value ($000) $8,948 (-2.7%) Shares 1,129,750 (+27.5%) Est. Cost $13.14 Unrealized -23.0%

SKY CHAMPION HOMES INC 0.0%

Value ($000) $10,127 (-2.4%) Shares 136,171 (+10.9%) Est. Cost $72.07 Unrealized +25.2%

RHP RYMAN HOSPITALITY PPTYS INC 0.0%

Value ($000) $830 (+38.3%) Shares 8,992 (+41.8%) Est. Cost $92.36 Unrealized —

TTAM TITAN AMER SA 0.0%

Value ($000) $6,113 (-3.4%) Shares 408,072 (+6.2%) Est. Cost $14.55 Unrealized +23.0%

CHEF CHEFS WHSE INC 0.0%

Value ($000) $9,956 (-1.9%) Shares 167,472 (+2.8%) Est. Cost $32.68 Unrealized +99.0%

TWI TITAN INTL INC ILL 0.0%

Value ($000) $4,634 (-3.7%) Shares 670,639 (+9.1%) Est. Cost $8.01 Unrealized +20.8%

BSM BLACK STONE MINERALS L P 0.0%

Value ($000) $454 (+53.3%) Shares 30,003 (+34.8%) Est. Cost $14.81 Unrealized —

BKH BLACK HILLS CORP 0.0%

Value ($000) $8,938 (+1.6%) Shares 128,770 (+1.7%) Est. Cost $51.76 Unrealized +38.9%

FLEX FLEXTRONICS INTL LTD 0.0%

Value ($000) $1,320 (+12.0%) Shares 20,172 (+3.4%) Est. Cost $29.19 Unrealized +119.2%

WMB WILLIAMS COS INC 0.0%

Value ($000) $315 (+63.2%) Shares 4,334 (+34.8%) Est. Cost $37.97 Unrealized +74.8%

UGI UGI CORP NEW 0.0%

Value ($000) $426 (+31.2%) Shares 11,701 (+34.8%) Est. Cost $34.13 Unrealized +12.0%

RS RELIANCE INC 0.0%

Value ($000) $326 (+41.4%) Shares 1,074 (+34.4%) Est. Cost $308.76 Unrealized +5.8%

PHM PULTE GROUP INC 0.0%

Value ($000) $356 (+34.6%) Shares 3,031 (+34.2%) Est. Cost $123.30 Unrealized +6.6%

HLI HOULIHAN LOKEY INC 0.0%

Value ($000) $700 (-11.2%) Shares 4,875 (+7.8%) Est. Cost $154.10 Unrealized +13.9%

CP CANADIAN PACIFIC KANSAS CITY 0.0%

Value ($000) $266 (+43.7%) Shares 3,382 (+34.4%) Est. Cost $77.44 Unrealized -0.3%

TAC TRANSALTA CORP 0.0%

Value ($000) $274 (+40.2%) Shares 20,859 (+34.8%) Est. Cost $11.80 Unrealized +9.5%

MTW MANITOWOC CO INC 0.0%

Value ($000) $9,858 (-0.7%) Shares 846,185 (+2.2%) Est. Cost $10.07 Unrealized +37.6%

CIGI COLLIERS INTL GROUP INC 0.0%

Value ($000) $843 (-8.0%) Shares 7,889 (+26.5%) Est. Cost $148.31 Unrealized -9.4%

EXE EXPAND ENERGY CORPORATION 0.0%

Value ($000) $1,078 (+7.2%) Shares 9,816 (+7.8%) Est. Cost $70.88 Unrealized +49.3%

METCB RAMACO RES INC 0.0%

Value ($000) $5,561 (+1.3%) Shares 545,183 (+16.7%) Est. Cost $14.15 Unrealized -7.9%

CNI CANADIAN NATL RY CO 0.0%

Value ($000) $247 (+40.3%) Shares 2,400 (+34.8%) Est. Cost $111.77 Unrealized -8.6%

EGP EASTGROUP PPTYS INC 0.0%

Value ($000) $209 (+40.0%) Shares 1,129 (+34.7%) Est. Cost $178.77 Unrealized —

SARO STANDARDAERO INC 0.0%

Value ($000) $721 (+6.9%) Shares 27,900 (+18.7%) Est. Cost $27.87 Unrealized +12.2%

RPM RPM INTL INC 0.0%

Value ($000) $176 (+28.9%) Shares 1,773 (+34.8%) Est. Cost $90.38 Unrealized +24.1%

HD HOME DEPOT INC 0.0%

Value ($000) $16,719 (-0.2%) Shares 50,835 (+4.4%) Est. Cost $255.19 Unrealized +47.7%

JHX JAMES HARDIE INDS PLC 0.0%

Value ($000) $590 (-4.1%) Shares 31,176 (+5.1%) Est. Cost $22.69 Unrealized +4.7%

AWK AMERICAN WTR WKS CO INC NEW 0.0%

Value ($000) $84 (+40.3%) Shares 616 (+34.5%) Est. Cost $132.25 Unrealized -2.6%

RJF RAYMOND JAMES FINL INC 0.0%

Value ($000) $358 (-5.9%) Shares 2,471 (+4.4%) Est. Cost $108.50 Unrealized +52.4%

ALGT ALLEGIANT TRAVEL CO 0.0%

Value ($000) $3,885 (+0.5%) Shares 47,943 (+5.7%) Est. Cost $72.88 Unrealized +33.2%

PFGC PERFORMANCE FOOD GROUP CO 0.0%

Value ($000) $771 (+2.1%) Shares 9,000 (+7.1%) Est. Cost $65.04 Unrealized +44.6%

APD AIR PRODUCTS AND CHEMICALS I 0.0%

Value ($000) $5 (+24.9%) Shares 17 (+6.3%) Est. Cost $252.81 Unrealized +7.4%

VFC V F CORP 0.0%

Value ($000) $4 (+19.2%) Shares 255 (+26.9%) Est. Cost $16.99 Unrealized +17.2%

URI UNITED RENTALS INC 0.0%

Value ($000) $4 (+8.0%) Shares 6 (+20.0%) Est. Cost $869.70 Unrealized +1.5%

GEHC GE HEALTHCARE TECHNOLOGIES I 0.0%

Value ($000) $4 (-6.4%) Shares 55 (+7.8%) Est. Cost $78.22 Unrealized +5.1%

JLL JONES LANG LASALLE INC 0.0%

Value ($000) $4 (+5.5%) Shares 14 (+16.7%) Est. Cost $316.66 Unrealized +6.1%

WCN WASTE CONNECTIONS INC 0.0%

Value ($000) $4 (+5.3%) Shares 25 (+13.6%) Est. Cost $172.16 Unrealized -2.8%

STE STERIS PLC 0.0%

Value ($000) $4 (+4.7%) Shares 18 (+20.0%) Est. Cost $251.85 Unrealized +1.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SLB	SLB LIMITED	28,376,167 (+2.4%)	$1,458,251 (+37.1%)	2.5%	$43.79	+10.3%	COM STK	806857108
BDX	BECTON DICKINSON & CO	11,928,111 (+2.4%)	$1,875,457 (-17.0%)	3.2%	$203.01	-17.3%	COM	075887109
ORCL	ORACLE CORP	8,435,178 (+1.7%)	$1,240,899 (-23.2%)	2.1%	$31.97	+430.5%	COM	68389X105
NE	NOBLE CORP PLC	13,561,846 (+11.2%)	$665,480 (+93.2%)	1.1%	$34.66	+7.2%	ORD SHS A	G65431127
BXP	BXP INC	9,344,461 (+174.0%)	$484,978 (+110.7%)	0.8%	$67.85	-0.0%	COM	101121101
META	META PLATFORMS INC	3,193,098 (+1.4%)	$1,826,867 (-12.1%)	3.1%	$205.91	+218.4%	CL A	30303M102
FNV	FRANCO NEV CORP	5,274,537 (+2.9%)	$1,306,178 (+23.0%)	2.2%	$124.64	+97.2%	COM	351858105
WY	WEYERHAEUSER CO	46,293,464 (+23.1%)	$1,130,949 (+26.9%)	1.9%	$22.08	+7.8%	COM NEW	962166104
MSFT	MICROSOFT CORP	1,325,098 (+137.6%)	$490,512 (+81.9%)	0.8%	$270.36	+60.8%	COM	594918104
OKE	ONEOK INC NEW	11,679,175 (+2.8%)	$1,055,681 (+26.4%)	1.8%	$71.91	+9.2%	COM	682680103
IPGP	IPG PHOTONICS CORP	4,593,349 (+2.4%)	$526,352 (+63.8%)	0.9%	$128.92	-21.1%	COM	44980X109
ELV	ELEVANCE HEALTH INC FORMERLY	4,132,291 (+2.7%)	$1,209,728 (-14.2%)	2.1%	$290.49	+21.0%	COM	036752103
ABEV	AMBEV SA	346,984,557 (+3.3%)	$1,013,195 (+22.1%)	1.7%	$2.56	—	SPONSORED ADR	02319V103
EXR	EXTRA SPACE STORAGE INC	3,838,691 (+50.4%)	$503,368 (+51.5%)	0.9%	$127.54	+2.7%	COM	30225T102
FMX	FOMENTO ECONOMICO MEXICANO S	12,902,253 (+3.2%)	$1,432,924 (+13.4%)	2.4%	$71.48	—	SPON ADR UNITS	344419106
CHTR	CHARTER COMMUNICATIONS INC	3,580,160 (+20.6%)	$772,885 (+24.7%)	1.3%	$255.83	-16.5%	CL A	16119P108
UHS	UNIVERSAL HLTH SVCS INC	4,424,281 (+2.6%)	$791,814 (-15.8%)	1.3%	$122.94	+74.3%	CL B	913903100
WTW	WILLIS TOWERS WATSON PLC LTD	4,339,361 (+2.1%)	$1,261,452 (-9.7%)	2.1%	$175.51	+79.4%	SHS	G96629103
DIS	DISNEY WALT CO	5,254,083 (+52.6%)	$506,388 (+29.3%)	0.9%	$92.40	+18.4%	COM	254687106
AXP	AMERICAN EXPRESS CO	1,662,628 (+1.4%)	$502,912 (-17.1%)	0.9%	$80.06	+344.9%	COM	025816109
IFF	INTERNATIONAL FLAVORS&FRAGRA	9,314,670 (+5.5%)	$675,779 (+13.5%)	1.1%	$72.88	+1.7%	COM	459506101
FNF	FIDELITY NATL FINL INC	8,880,108 (+45.5%)	$411,859 (+23.6%)	0.7%	$40.28	+35.4%	COM SHS	31620R303
MICC	MAGNUM ICE CREAM CO NV	22,709,344 (+39.2%)	$333,725 (+28.1%)	0.6%	$16.00	+5.1%	ORD SHS	N5505D105
MDT	MEDTRONIC PLC	10,044,695 (+2.8%)	$870,373 (-7.3%)	1.5%	$74.63	+33.3%	SHS	G5960L103
CL	COLGATE PALMOLIVE CO	8,116,782 (+2.5%)	$691,793 (+10.6%)	1.2%	$54.37	+63.2%	COM	194162103
BIL	SPDR SERIES TRUST	1,363,410 (+91.4%)	$124,943 (+92.0%)	0.2%	$91.61	—	STATE STREET SPD	78468R663
CSL	CARLISLE COS INC	793,165 (+22.8%)	$264,616 (+28.0%)	0.4%	$352.76	+5.3%	COM	142339100
DE	DEERE & CO	533,025 (+2.1%)	$300,253 (+23.5%)	0.5%	$89.22	+518.0%	COM	244199105
WDAY	WORKDAY INC	7,608,713 (+75.4%)	$988,524 (+6.1%)	1.7%	$204.97	-15.8%	CL A	98138H101
BIO	BIO RAD LABS INC	2,602,772 (+1.3%)	$725,523 (-6.8%)	1.2%	$275.54	+8.5%	CL A	090572207
PPG	PPG INDS INC	6,435,076 (+2.3%)	$687,781 (+6.7%)	1.2%	$111.63	+4.7%	COM	693506107
PM	PHILIP MORRIS INTL INC	5,892,458 (+1.5%)	$974,259 (+4.6%)	1.7%	$63.09	+178.8%	COM	718172109
BK	BANK NEW YORK MELLON CORP	9,868,077 (+1.3%)	$1,170,650 (+3.5%)	2.0%	$25.63	+368.8%	COM	064058100
OMC	OMNICOM GROUP INC	7,303,113 (+15.0%)	$549,997 (+7.2%)	0.9%	$74.62	+2.6%	COM	681919106
SHEL	SHELL PLC	1,057,021 (+21.0%)	$98,303 (+53.1%)	0.2%	$70.34	—	SPON ADS	780259305
CMI	CUMMINS INC	767,231 (+1.6%)	$412,785 (+7.1%)	0.7%	$108.41	+430.9%	COM	231021106
EQR	EQUITY RESIDENTIAL	9,469,693 (+2.5%)	$560,132 (-3.9%)	0.9%	$53.20	+16.6%	SH BEN INT	29476L107
CCU	COMPANIA CERVECERIAS UNIDAS	16,120,458 (+1.3%)	$182,967 (-9.9%)	0.3%	$18.79	—	SPONSORED ADR	204429104
BTI	BRITISH AMERN TOB PLC	1,668,522 (+18.5%)	$97,558 (+22.4%)	0.2%	$42.99	—	SPONSORED ADR	110448107
ACN	ACCENTURE PLC IRELAND	90,244 (+3426.5%)	$17,894 (+2506.3%)	0.0%	$252.42	+0.3%	SHS CLASS A	G1151C101
UCTT	ULTRA CLEAN HLDGS INC	434,100 (+5.7%)	$26,992 (+159.5%)	0.0%	$33.56	+39.8%	COM	90385V107
EPD	ENTERPRISE PRODS PARTNERS L	1,941,481 (+1.3%)	$73,466 (+19.6%)	0.1%	$19.73	—	COM	293792107
BRK/A	BERKSHIRE HATHAWAY INC DEL	565 (+2.2%)	$405,749 (-2.8%)	0.7%	$188608.38	+292.5%	CL A	084670108
COHU	COHU INC	474,068 (+91.4%)	$14,516 (+151.9%)	0.0%	$23.09	+26.8%	COM	192576106
XRAY	DENTSPLY SIRONA INC	15,127,933 (+3.3%)	$175,484 (+4.9%)	0.3%	$37.65	-66.5%	COM	24906P109
ONTO	ONTO INNOVATION INC	42,983 (+543.9%)	$8,815 (+736.5%)	0.0%	$194.71	+6.2%	COM	683344105
ITUB	ITAU UNIBANCO HLDG S A	3,312,310 (+18.6%)	$27,757 (+38.8%)	0.0%	$6.26	—	SPON ADR REP PFD	465562106
MTRN	MATERION CORP	101,950 (+75.8%)	$14,747 (+104.5%)	0.0%	$128.44	+13.2%	COM	576690101
STNG	SCORPIO TANKERS INC	235,068 (+9.8%)	$17,550 (+61.3%)	0.0%	$65.21	—	SHS	Y7542C130
ATEC	ALPHATEC HLDGS INC	696,637 (+3.0%)	$7,579 (-46.7%)	0.0%	$8.77	+82.0%	COM NEW	02081G201
HLN	HALEON PLC	4,032,643 (+20.9%)	$40,367 (+19.7%)	0.1%	$9.03	—	SPON ADS	405552100
DEI	DOUGLAS EMMETT INC	13,958,053 (+11.2%)	$131,485 (-4.7%)	0.2%	$22.03	—	COM	25960P109
ADTN	ADTRAN HOLDINGS INC	1,368,707 (+10.8%)	$17,218 (+60.4%)	0.0%	$8.02	+19.4%	COM	00486H105
BHE	BENCHMARK ELECTRS INC	296,569 (+18.4%)	$16,626 (+55.2%)	0.0%	$30.41	+73.4%	COM	08160H101
UTI	UNIVERSAL TECHNICAL INST INC	472,135 (+5.6%)	$17,044 (+45.8%)	0.0%	$12.45	+129.6%	COM	913915104
FLOC	FLOWCO HLDGS INC	568,865 (+65.2%)	$11,719 (+81.6%)	0.0%	$18.34	+14.7%	COM CL A	342909108
SONO	SONOS INC	709,004 (+187.7%)	$9,501 (+119.6%)	0.0%	$16.43	-3.3%	COM	83570H108
SPB	SPECTRUM BRANDS HOLDINGS INC	232,272 (+12.3%)	$17,118 (+40.1%)	0.0%	$77.93	-11.4%	COM	84790A105
SIMO	SILICON MOTION TECHNOLOGY CO	168,439 (+9.7%)	$18,914 (+32.9%)	0.0%	$79.27	—	SPONSORED ADR	82706C108
VSH	VISHAY INTERTECHNOLOGY INC	1,063,572 (+4.0%)	$19,144 (+29.2%)	0.0%	$16.39	+13.3%	COM	928298108
ABCB	AMERIS BANCORP	247,471 (+21.5%)	$19,300 (+27.6%)	0.0%	$50.95	+59.0%	COM	03076K108
RELY	REMITLY GLOBAL INC	831,454 (+29.6%)	$13,029 (+47.2%)	0.0%	$14.39	-3.1%	COM	75960P104
LPG	DORIAN LPG LTD	394,925 (+2.4%)	$13,506 (+43.8%)	0.0%	$24.67	+23.2%	SHS USD	Y2106R110
AIN	ALBANY INTL CORP	204,829 (+55.4%)	$10,694 (+60.0%)	0.0%	$56.77	+0.4%	CL A	012348108
TRNS	TRANSCAT INC	153,047 (+19.6%)	$11,241 (+54.9%)	0.0%	$63.32	+8.0%	COM	893529107
NPO	ENPRO INC	69,855 (+8.6%)	$17,509 (+27.1%)	0.0%	$132.50	+88.4%	COM	29355X107
ABM	ABM INDS INC	292,975 (+62.6%)	$11,285 (+48.0%)	0.0%	$44.20	+2.0%	COM	000957100
RRBI	RED RIVER BANCSHARES INC	77,988 (+57.9%)	$7,053 (+99.9%)	0.0%	$73.38	+11.8%	COM	75686R202
CMCSA	COMCAST CORP NEW	37,780,637 (+4.4%)	$1,084,682 (+0.3%)	1.8%	$28.45	+4.8%	CL A	20030N101
CENTA	CENTRAL GARDEN & PET CO	260,438 (+49.3%)	$8,443 (+65.8%)	0.0%	$29.77	+5.8%	CL A NON-VTG	153527205
ROG	ROGERS CORP	131,818 (+11.4%)	$14,148 (+30.6%)	0.0%	$81.42	+24.5%	COM	775133101
MATV	MATIV HOLDINGS INC	1,098,792 (+4.3%)	$9,559 (-25.3%)	0.0%	$11.17	+15.5%	COM	808541106
FLYW	FLYWIRE CORPORATION	800,837 (+86.1%)	$9,322 (+53.0%)	0.0%	$12.44	+1.8%	COM VTG	302492103
PXED	PHOENIX ED PARTNERS INC	275,810 (+53.1%)	$8,677 (+59.0%)	0.0%	$32.17	-6.5%	COM	718968100
MG	MISTRAS GROUP INC	281,532 (+264.6%)	$4,161 (+326.0%)	0.0%	$13.46	+6.1%	COM	60649T107
CYRX	CRYOPORT INC	744,849 (+138.7%)	$6,167 (+105.9%)	0.0%	$9.52	+0.5%	COM PAR $0.001	229050307
SMBK	SMARTFINANCIAL INC	224,039 (+47.2%)	$8,755 (+55.6%)	0.0%	$37.40	+7.3%	COM NEW	83190L208
KOF	COCA-COLA FEMSA SAB DE CV	392,739 (+5.7%)	$38,312 (+8.9%)	0.1%	$64.05	—	SPONS ADS REP	191241108
LNC	LINCOLN NATL CORP IND	428,310 (+4.5%)	$15,205 (-16.7%)	0.0%	$24.58	+66.3%	COM	534187109
NVGS	NAVIGATOR HLDGS LTD	780,619 (+12.2%)	$15,089 (+25.2%)	0.0%	$13.03	+42.7%	SHS	Y62132108
FVR	FRONTVIEW REIT INC	577,126 (+44.6%)	$8,928 (+51.6%)	0.0%	$14.92	—	COM	35922N100
VITL	VITAL FARMS INC	531,960 (+61.1%)	$7,511 (-28.8%)	0.0%	$32.41	-14.1%	COM	92847W103
INTT	INTEST CORP	424,102 (+13.8%)	$5,789 (+107.9%)	0.0%	$11.62	-20.6%	COM	461147100
TRN	TRINITY INDS INC	415,619 (+4.9%)	$13,375 (+27.7%)	0.0%	$23.03	+30.7%	COM	896522109
ATRC	ATRICURE INC	262,143 (+124.8%)	$7,479 (+62.1%)	0.0%	$36.80	+0.3%	COM	04963C209
PUMP	PROPETRO HLDG CORP	517,833 (+6.3%)	$7,462 (+61.0%)	0.0%	$9.51	+14.1%	COM	74347M108
HNGE	HINGE HEALTH INC	336,942 (+51.9%)	$12,992 (+26.1%)	0.0%	$46.60	-12.9%	CL A	433313103
AORT	ARTIVION INC	311,601 (+1.5%)	$11,411 (-18.5%)	0.0%	$17.20	+139.4%	COM	228903100
BCC	BOISE CASCADE CO DEL	170,308 (+21.2%)	$12,918 (+24.9%)	0.0%	$90.71	-7.7%	COM	09739D100
SIBN	SI BONE INC	638,941 (+18.9%)	$8,070 (-23.9%)	0.0%	$15.66	+8.1%	COM	825704109
FLS	FLOWSERVE CORP	111,759 (+36.2%)	$8,215 (+44.3%)	0.0%	$68.50	+17.8%	COM	34354P105
COLB	COLUMBIA BKG SYS INC	229,000 (+67.8%)	$6,281 (+64.6%)	0.0%	$27.76	+7.9%	COM	197236102
BDC	BELDEN INC	102,566 (+28.1%)	$11,778 (+26.3%)	0.0%	$92.02	+39.8%	COM	077454106
PKOH	PARK-OHIO HLDGS CORP	481,247 (+10.5%)	$11,569 (+26.8%)	0.0%	$21.93	+9.8%	COM	700666100
CMCO	COLUMBUS MCKINNON CORP N Y	334,581 (+134.1%)	$4,861 (+97.2%)	0.0%	$18.46	+10.2%	COM	199333105
HZO	MARINEMAX INC	336,052 (+21.6%)	$9,094 (+35.8%)	0.0%	$27.52	+2.7%	COM	567908108
DSX	DIANA SHIPPING INC	1,264,601 (+171.0%)	$3,162 (+308.2%)	0.0%	$2.03	+8.3%	COM	Y2066G104
MTRX	MATRIX SVC CO	850,809 (+32.9%)	$9,767 (+30.4%)	0.0%	$12.89	-2.8%	COM	576853105
LOCO	EL POLLO LOCO HLDGS INC	575,293 (+5.0%)	$7,974 (+39.2%)	0.0%	$10.88	-1.4%	COM	268603107
HLIT	HARMONIC INC	1,180,876 (+38.9%)	$10,604 (+26.2%)	0.0%	$9.90	+2.6%	COM	413160102
SBCF	SEACOAST BKG CORP FLA	505,065 (+20.9%)	$15,298 (+16.5%)	0.0%	$26.68	+25.4%	COM NEW	811707801
TITN	TITAN MACHY INC	801,199 (+7.0%)	$13,396 (+19.0%)	0.0%	$19.83	-11.7%	COM	88830R101
WSR	WHITESTONE REIT	742,115 (+4.1%)	$11,985 (+21.0%)	0.0%	$10.91	—	COM	966084204
AIR	AAR CORP	63,992 (+3.9%)	$7,005 (+37.3%)	0.0%	$59.07	+79.7%	COM	000361105
TKR	TIMKEN CO	91,847 (+5.3%)	$9,237 (+25.9%)	0.0%	$71.54	+37.6%	COM	887389104
INSG	INSEEGO CORP	570,849 (+31.0%)	$6,348 (+41.8%)	0.0%	$11.81	-6.4%	COM NEW	45782B302
UNH	UNITEDHEALTH GROUP INC	40,804 (+4.4%)	$11,041 (-14.4%)	0.0%	$436.33	-29.3%	COM	91324P102
EXP	EAGLE MATLS INC	65,533 (+27.7%)	$12,415 (+17.0%)	0.0%	$221.50	+1.6%	COM	26969P108
ONB	OLD NATL BANCORP IND	696,784 (+13.9%)	$15,399 (+12.8%)	0.0%	$18.06	+33.7%	COM	680033107
AX	AXOS FINANCIAL INC	164,612 (+15.7%)	$14,007 (+14.3%)	0.0%	$52.26	+81.1%	COM	05465C100
NTGR	NETGEAR INC	288,945 (+54.7%)	$6,311 (+37.7%)	0.0%	$19.81	+9.2%	COM	64111Q104
AMBQ	AMBIQ MICRO INC	279,073 (+47.1%)	$7,091 (+31.1%)	0.0%	$31.21	+0.9%	COMMON STOCK	023193105
MASS	908 DEVICES INC	803,606 (+28.8%)	$4,918 (+50.2%)	0.0%	$6.21	+1.1%	COM	65443P102
ONEW	ONEWATER MARINE INC	525,668 (+70.4%)	$4,968 (+48.8%)	0.0%	$14.83	-12.5%	CL A COM	68280L101
VLY	VALLEY NATL BANCORP	971,500 (+10.0%)	$11,930 (+15.7%)	0.0%	$8.98	+40.8%	COM	919794107
UL	UNILEVER PLC	805,940 (+19.0%)	$45,914 (+3.6%)	0.1%	$64.06	—	SPON ADR NEW	904767803
NVST	ENVISTA HOLDINGS CORPORATION	264,500 (+12.6%)	$6,710 (+31.5%)	0.0%	$21.12	+21.9%	COM	29415F104
AVBH	AVIDBANK HLDGS INC	197,340 (+28.6%)	$5,624 (+38.0%)	0.0%	$25.49	+11.4%	COM	05368J103
BRK/B	BERKSHIRE HATHAWAY INC DEL	57,603 (+11.0%)	$27,603 (+5.9%)	0.0%	$484.05	+1.9%	CL B NEW	084670702
USB	US BANCORP	9,018,084 (+2.3%)	$469,031 (-0.3%)	0.8%	$24.65	+129.7%	COM NEW	902973304
FIP	FTAI INFRASTRUCTURE INC	2,525,562 (+5.9%)	$12,476 (+13.5%)	0.0%	$6.54	-11.6%	COMMON STOCK	35953C106
ETD	ETHAN ALLEN INTERIORS INC	342,731 (+26.7%)	$7,629 (+23.4%)	0.0%	$26.06	-9.6%	COM	297602104
CAKE	CHEESECAKE FACTORY INC	147,591 (+12.2%)	$8,081 (+21.6%)	0.0%	$40.08	+49.7%	COM	163072101
SDHC	SMITH DOUGLAS HOMES CORP	384,774 (+1.6%)	$4,925 (-22.5%)	0.0%	$25.02	-26.2%	COM SHS CL A	83207R107
RDNT	RADNET INC	94,136 (+1.1%)	$5,261 (-20.8%)	0.0%	$47.69	+50.0%	COM	750491102
CMC	COMMERCIAL METALS CO	285,546 (+4.8%)	$17,541 (-7.0%)	0.0%	$47.88	+60.7%	COM	201723103
KMPR	KEMPER CORP	149,203 (+86.0%)	$4,560 (+40.2%)	0.0%	$39.86	-8.7%	COM	488401100
MRVI	MARAVAI LIFESCIENCES HLDGS I	2,524,336 (+40.3%)	$7,144 (+22.2%)	0.0%	$3.25	+6.7%	COM CL A	56600D107
DCOM	DIME CMNTY BANCSHARES INC	269,160 (+2.8%)	$9,103 (+15.5%)	0.0%	$19.81	+66.4%	COM	25432X102
OGS	ONE GAS INC	107,264 (+3.1%)	$9,239 (+14.9%)	0.0%	$70.92	+13.8%	COM	68235P108
QTRX	QUANTERIX CORP	1,300,087 (+144.6%)	$4,576 (+35.4%)	0.0%	$6.38	+1.9%	COM	74766Q101
KRE	SPDR SERIES TRUST	176,119 (+10.7%)	$11,474 (+11.3%)	0.0%	$63.80	—	STATE STREET SPD	78464A698
DNOW	DNOW INC	353,758 (+52.1%)	$4,213 (+36.7%)	0.0%	$12.14	+20.2%	COM	67011P100
DEO	DIAGEO PLC	159,194 (+28.0%)	$11,852 (+10.5%)	0.0%	$103.21	—	SPON ADR NEW	25243Q205
IBP	INSTALLED BLDG PRODS INC	63,843 (+4.7%)	$16,928 (+7.0%)	0.0%	$165.83	+85.2%	COM	45780R101
PWP	PERELLA WEINBERG PARTNERS	615,057 (+5.3%)	$11,169 (+10.6%)	0.0%	$15.41	+36.1%	CLASS A COM	71367G102
LPX	LOUISIANA PAC CORP	231,910 (+18.5%)	$16,871 (+6.7%)	0.0%	$71.51	+24.6%	COM	546347105
BBCP	CONCRETE PUMPING HLDGS INC	656,001 (+21.6%)	$4,684 (+29.3%)	0.0%	$6.33	+2.8%	COM	206704108
DGII	DIGI INTL INC	173,709 (+2.5%)	$8,373 (+14.2%)	0.0%	$29.92	+51.1%	COM	253798102
CON	CONCENTRA GROUP HOLDINGS PAR	399,826 (+4.3%)	$8,576 (+13.7%)	0.0%	$20.49	+8.0%	COMMON STOCK	20603L102
VMD	VIEMED HEALTHCARE INC	529,657 (+2.2%)	$4,878 (+26.7%)	0.0%	$7.86	-0.5%	COM	92663R105
RRX	REGAL REXNORD CORPORATION	5,418 (+20738.5%)	$1,015 (+27711.8%)	0.0%	$180.88	+0.1%	COM	758750103
TRS	TRIMAS CORP	318,006 (+7.9%)	$11,429 (+9.4%)	0.0%	$26.32	+34.9%	COM NEW	896215209
OTIS	OTIS WORLDWIDE CORP	196,033 (+20.5%)	$15,110 (+6.4%)	0.0%	$91.50	-2.2%	COM	68902V107
POWW	OUTDOOR HOLDING CO	2,043,870 (+7.5%)	$4,108 (+26.4%)	0.0%	$2.13	-13.9%	COM	00175J107
AEBI	AEBI SCHMIDT HLDG AG	311,189 (+1.6%)	$3,022 (-22.0%)	0.0%	$11.47	+27.5%	COM	H00501108
PEP	PEPSICO INC	46,457 (+4.4%)	$7,214 (+13.0%)	0.0%	$127.85	+21.0%	COM	713448108
DINO	HF SINCLAIR CORP	16,691 (+263.6%)	$1,041 (+392.2%)	0.0%	$49.80	+4.2%	COM	403949100
WLK	WESTLAKE CORPORATION	7,118 (+13330.2%)	$832 (+21117.8%)	0.0%	$89.14	+0.2%	COM	960413102
STC	STEWART INFORMATION SVCS COR	125,618 (+3.2%)	$7,736 (-9.6%)	0.0%	$48.27	+41.7%	COM	860372101
NPKI	NPK INTERNATIONAL INC	273,821 (+3.2%)	$3,968 (+25.5%)	0.0%	$7.22	+91.2%	COM SHS	651718504
SRTA	STRATA CRITICAL MEDICAL INC	2,266,243 (+6.4%)	$9,473 (-7.5%)	0.0%	$4.04	+24.4%	CL A COM	092667104
HSTM	HEALTHSTREAM INC	425,698 (+2.9%)	$8,816 (-7.6%)	0.0%	$24.10	-11.3%	COM	42222N103
AXS	AXIS CAP HLDGS LTD	90,749 (+14.5%)	$9,203 (+8.4%)	0.0%	$67.96	+51.8%	SHS	G0692U109
SKT	TANGER INC	197,425 (+9.8%)	$6,709 (+11.8%)	0.0%	$25.41	—	COM	875465106
PACK	RANPAK HOLDINGS CORP	788,839 (+102.3%)	$2,816 (+33.5%)	0.0%	$5.21	+6.8%	COM CL A	75321W103
HOFT	HOOKER FURNISHINGS CORPORATI	367,097 (+2.2%)	$4,728 (+16.5%)	0.0%	$12.77	+5.1%	COM	439038100
QNST	QUINSTREET INC	349,874 (+40.0%)	$4,202 (+17.0%)	0.0%	$13.78	-5.0%	COM	74874Q100
RES	RPC INC	337,149 (+3.1%)	$2,387 (+34.1%)	0.0%	$5.90	+1.1%	COM	749660106
PR	PERMIAN RESOURCES CORP	51,142 (+39.6%)	$1,090 (+112.1%)	0.0%	$13.97	+13.0%	CLASS A COM	71424F105
CRM	SALESFORCE INC	6,132,564 (+42.0%)	$1,144,766 (+0.0%)	1.9%	$223.53	-3.5%	COM	79466L302
MEC	MAYVILLE ENGR CO INC	404,075 (+12.8%)	$7,253 (+8.2%)	0.0%	$16.09	+22.9%	COM	578605107
MGNI	MAGNITE INC	450,288 (+51.9%)	$5,349 (+11.2%)	0.0%	$14.56	-5.2%	COM	55955D100
FTAI	FTAI AVIATION LTD	4,219 (+67.5%)	$1,034 (+108.5%)	0.0%	$210.77	+28.5%	SHS	G3730V105
ASYS	AMTECH SYS INC	832,453 (+13.4%)	$9,723 (+5.5%)	0.0%	$8.75	+62.1%	COM PAR $0.01N	032332504
DORM	DORMAN PRODS INC	91,342 (+24.5%)	$9,532 (+5.5%)	0.0%	$133.32	-5.1%	COM	258278100
HLLY	HOLLEY INC	480,797 (+1.1%)	$1,476 (-24.9%)	0.0%	$2.75	+50.4%	COM	43538H103
RLGT	RADIANT LOGISTICS INC	516,507 (+3.0%)	$3,641 (+14.8%)	0.0%	$6.47	+7.8%	COM	75025X100
SLP	SIMULATIONS PLUS INC	742,069 (+62.3%)	$8,771 (+5.2%)	0.0%	$17.02	-3.6%	COM	829214105
CCS	CENTURY COMMUNITIES INC	256,716 (+6.5%)	$14,730 (+3.0%)	0.0%	$69.45	-3.0%	COM	156504300
PROF	PROFOUND MED CORP	322,707 (+3.2%)	$2,091 (-15.0%)	0.0%	$5.33	+39.5%	COM NEW	74319B502
UMH	UMH PPTYS INC	764,919 (+6.8%)	$11,038 (-3.2%)	0.0%	$18.09	—	COM	903002103
STRW	STRAWBERRY FIELDS REIT INC	329,589 (+1.2%)	$3,922 (-8.0%)	0.0%	$11.47	—	COM	863182101
TMHC	TAYLOR MORRISON HOME CORP	240,154 (+3.5%)	$13,987 (+2.3%)	0.0%	$59.90	+6.7%	COM	87724P106
CDNA	CAREDX INC	575,365 (+5.2%)	$9,988 (-3.0%)	0.0%	$14.84	+32.7%	COM	14167L103
ANGO	ANGIODYNAMICS INC	275,735 (+3.0%)	$3,135 (-8.8%)	0.0%	$6.79	+58.9%	COM	03475V101
LYG	LLOYDS BANKING GROUP PLC	7,404,153 (+6.2%)	$37,243 (+0.8%)	0.1%	$3.06	—	SPONSORED ADR	539439109
LFST	LIFESTANCE HEALTH GROUP INC	1,610,466 (+7.6%)	$10,259 (-2.6%)	0.0%	$6.59	+8.3%	COM	53228F101
EQIX	EQUINIX INC	557 (+57.8%)	$546 (+101.9%)	0.0%	$776.66	-1.6%	COM	29444U700
RKT	ROCKET COS INC	64,764 (+4.9%)	$923 (-22.8%)	0.0%	$11.56	+74.4%	COM CL A	77311W101
UTZ	UTZ BRANDS INC	1,129,750 (+27.5%)	$8,948 (-2.7%)	0.0%	$13.14	-23.0%	COM CL A	918090101
SKY	CHAMPION HOMES INC	136,171 (+10.9%)	$10,127 (-2.4%)	0.0%	$72.07	+25.2%	COM	830830105
RHP	RYMAN HOSPITALITY PPTYS INC	8,992 (+41.8%)	$830 (+38.3%)	0.0%	$92.36	—	COM	78377T107
TTAM	TITAN AMER SA	408,072 (+6.2%)	$6,113 (-3.4%)	0.0%	$14.55	+23.0%	COMMON SHARES	B9151N105
CHEF	CHEFS WHSE INC	167,472 (+2.8%)	$9,956 (-1.9%)	0.0%	$32.68	+99.0%	COM	163086101
TWI	TITAN INTL INC ILL	670,639 (+9.1%)	$4,634 (-3.7%)	0.0%	$8.01	+20.8%	COM	88830M102
BSM	BLACK STONE MINERALS L P	30,003 (+34.8%)	$454 (+53.3%)	0.0%	$14.81	—	COM UNIT	09225M101
BKH	BLACK HILLS CORP	128,770 (+1.7%)	$8,938 (+1.6%)	0.0%	$51.76	+38.9%	COM	092113109
FLEX	FLEXTRONICS INTL LTD	20,172 (+3.4%)	$1,320 (+12.0%)	0.0%	$29.19	+119.2%	ORD	Y2573F102
WMB	WILLIAMS COS INC	4,334 (+34.8%)	$315 (+63.2%)	0.0%	$37.97	+74.8%	COM	969457100
UGI	UGI CORP NEW	11,701 (+34.8%)	$426 (+31.2%)	0.0%	$34.13	+12.0%	COM	902681105
RS	RELIANCE INC	1,074 (+34.4%)	$326 (+41.4%)	0.0%	$308.76	+5.8%	COM	759509102
PHM	PULTE GROUP INC	3,031 (+34.2%)	$356 (+34.6%)	0.0%	$123.30	+6.6%	COM	745867101
HLI	HOULIHAN LOKEY INC	4,875 (+7.8%)	$700 (-11.2%)	0.0%	$154.10	+13.9%	CL A	441593100
CP	CANADIAN PACIFIC KANSAS CITY	3,382 (+34.4%)	$266 (+43.7%)	0.0%	$77.44	-0.3%	COM	13646K108
TAC	TRANSALTA CORP	20,859 (+34.8%)	$274 (+40.2%)	0.0%	$11.80	+9.5%	COM	89346D107
MTW	MANITOWOC CO INC	846,185 (+2.2%)	$9,858 (-0.7%)	0.0%	$10.07	+37.6%	COM NEW	563571405
CIGI	COLLIERS INTL GROUP INC	7,889 (+26.5%)	$843 (-8.0%)	0.0%	$148.31	-9.4%	SUB VTG SHS	194693107
EXE	EXPAND ENERGY CORPORATION	9,816 (+7.8%)	$1,078 (+7.2%)	0.0%	$70.88	+49.3%	COM	165167735
METCB	RAMACO RES INC	545,183 (+16.7%)	$5,561 (+1.3%)	0.0%	$14.15	-7.9%	COM CL B	75134P501
CNI	CANADIAN NATL RY CO	2,400 (+34.8%)	$247 (+40.3%)	0.0%	$111.77	-8.6%	COM	136375102
EGP	EASTGROUP PPTYS INC	1,129 (+34.7%)	$209 (+40.0%)	0.0%	$178.77	—	COM	277276101
SARO	STANDARDAERO INC	27,900 (+18.7%)	$721 (+6.9%)	0.0%	$27.87	+12.2%	COM	85423L103
RPM	RPM INTL INC	1,773 (+34.8%)	$176 (+28.9%)	0.0%	$90.38	+24.1%	COM	749685103
HD	HOME DEPOT INC	50,835 (+4.4%)	$16,719 (-0.2%)	0.0%	$255.19	+47.7%	COM	437076102
JHX	JAMES HARDIE INDS PLC	31,176 (+5.1%)	$590 (-4.1%)	0.0%	$22.69	+4.7%	ORD SHS	G4253H101
AWK	AMERICAN WTR WKS CO INC NEW	616 (+34.5%)	$84 (+40.3%)	0.0%	$132.25	-2.6%	COM	030420103
RJF	RAYMOND JAMES FINL INC	2,471 (+4.4%)	$358 (-5.9%)	0.0%	$108.50	+52.4%	COM	754730109
ALGT	ALLEGIANT TRAVEL CO	47,943 (+5.7%)	$3,885 (+0.5%)	0.0%	$72.88	+33.2%	COM	01748X102
PFGC	PERFORMANCE FOOD GROUP CO	9,000 (+7.1%)	$771 (+2.1%)	0.0%	$65.04	+44.6%	COM	71377A103
APD	AIR PRODUCTS AND CHEMICALS I	17 (+6.3%)	$5 (+24.9%)	0.0%	$252.81	+7.4%	COM	009158106
VFC	V F CORP	255 (+26.9%)	$4 (+19.2%)	0.0%	$16.99	+17.2%	COM	918204108
URI	UNITED RENTALS INC	6 (+20.0%)	$4 (+8.0%)	0.0%	$869.70	+1.5%	COM	911363109
GEHC	GE HEALTHCARE TECHNOLOGIES I	55 (+7.8%)	$4 (-6.4%)	0.0%	$78.22	+5.1%	COMMON STOCK	36266G107
JLL	JONES LANG LASALLE INC	14 (+16.7%)	$4 (+5.5%)	0.0%	$316.66	+6.1%	COM	48020Q107
WCN	WASTE CONNECTIONS INC	25 (+13.6%)	$4 (+5.3%)	0.0%	$172.16	-2.8%	COM	94106B101
STE	STERIS PLC	18 (+20.0%)	$4 (+4.7%)	0.0%	$251.85	+1.4%	SHS USD	G8473T100

Exited Positions (40)

WBS WEBSTER FINL CORP 0.0%

Value ($000) $14,306 Shares 227,302 Est. Cost $54.49 Unrealized +25.2%

MTG MGIC INVT CORP WIS 0.0%

Value ($000) $12,046 Shares 412,253 Est. Cost $18.05 Unrealized +49.8%

FG F&G ANNUITIES & LIFE INC 0.0%

Value ($000) $11,312 Shares 366,671 Est. Cost $31.09 Unrealized -10.6%

TFX TELEFLEX INCORPORATED 0.0%

Value ($000) $10,288 Shares 84,300 Est. Cost $120.87 Unrealized -10.1%

CUBI CUSTOMERS BANCORP INC 0.0%

Value ($000) $10,185 Shares 139,293 Est. Cost $55.75 Unrealized +36.0%

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.0%

Value ($000) $10,101 Shares 133,063 Est. Cost $18.85 Unrealized +443.3%

MHO M/I HOMES INC 0.0%

Value ($000) $7,690 Shares 60,100 Est. Cost $133.66 Unrealized +3.2%

FIVN FIVE9 INC 0.0%

Value ($000) $7,278 Shares 363,000 Est. Cost $25.47 Unrealized -29.3%

YETI YETI HLDGS INC 0.0%

Value ($000) $5,941 Shares 134,500 Est. Cost $38.92 Unrealized +21.8%

THRY THRYV HLDGS INC 0.0%

Value ($000) $5,100 Shares 842,943 Est. Cost $14.05 Unrealized -67.2%

SMWB SIMILARWEB LTD 0.0%

Value ($000) $4,836 Shares 645,647 Est. Cost $8.43 Unrealized -39.8%

EMBC EMBECTA CORP 0.0%

Value ($000) $4,652 Shares 391,594 Est. Cost $16.50 Unrealized -32.1%

TMCI TREACE MED CONCEPTS INC 0.0%

Value ($000) $3,584 Shares 1,462,983 Est. Cost $7.03 Unrealized -66.6%

MAC MACERICH CO 0.0%

Value ($000) $3,149 Shares 170,610 Est. Cost $13.95 Unrealized —

AL AIR LEASE CORP 0.0%

Value ($000) $2,795 Shares 43,522 Est. Cost $37.62 Unrealized +71.5%

LAW CS DISCO INC 0.0%

Value ($000) $2,551 Shares 328,719 Est. Cost $6.02 Unrealized -10.0%

SVCO SILVACO GROUP INC 0.0%

Value ($000) $2,540 Shares 627,211 Est. Cost $11.96 Unrealized -65.3%

RBBN RIBBON COMMUNICATIONS INC 0.0%

Value ($000) $2,484 Shares 862,528 Est. Cost $3.74 Unrealized -33.0%

SANM SANMINA CORPORATION 0.0%

Value ($000) $2,308 Shares 15,377 Est. Cost $56.21 Unrealized +178.9%

FUBO FUBOTV INC 0.0%

Value ($000) $2,025 Shares 803,533 Est. Cost $3.33 Unrealized -40.0%

ASPN ASPEN AEROGELS INC 0.0%

Value ($000) $1,762 Shares 622,487 Est. Cost $6.73 Unrealized -49.2%

CLW CLEARWATER PAPER CORP 0.0%

Value ($000) $1,437 Shares 82,609 Est. Cost $27.12 Unrealized -34.5%

FEOE RBB FUND TRUST 0.0%

Value ($000) $1,343 Shares 27,780 Est. Cost $37.60 Unrealized —

FEGE RBB FUND TRUST 0.0%

Value ($000) $1,272 Shares 27,635 Est. Cost $36.49 Unrealized —

TIC TIC SOLUTIONS INC 0.0%

Value ($000) $910 Shares 90,000 Est. Cost $11.40 Unrealized -10.1%

SND SMART SAND INC 0.0%

Value ($000) $902 Shares 225,476 Est. Cost $2.14 Unrealized +114.6%

KD KYNDRYL HLDGS INC 0.0%

Value ($000) $696 Shares 26,200 Est. Cost $34.25 Unrealized -39.9%

ROKU ROKU INC 0.0%

Value ($000) $651 Shares 6,000 Est. Cost $92.23 Unrealized +6.8%

CBZ CBIZ INC 0.0%

Value ($000) $601 Shares 11,908 Est. Cost $55.82 Unrealized -27.5%

WD WALKER & DUNLOP INC 0.0%

Value ($000) $589 Shares 9,792 Est. Cost $76.88 Unrealized -18.4%

LII LENNOX INTL INC 0.0%

Value ($000) $474 Shares 977 Est. Cost $319.86 Unrealized +64.7%

KLTR KALTURA INC 0.0%

Value ($000) $364 Shares 221,795 Est. Cost $1.58 Unrealized -6.5%

TRMB TRIMBLE INC 0.0%

Value ($000) $353 Shares 4,503 Est. Cost $56.69 Unrealized +25.3%

D DOMINION ENERGY INC 0.0%

Value ($000) $271 Shares 4,622 Est. Cost $53.50 Unrealized +15.2%

SE SEA LTD 0.0%

Value ($000) $4 Shares 31 Est. Cost $127.58 Unrealized —

CFG CITIZENS FINL GROUP INC 0.0%

Value ($000) $4 Shares 67 Est. Cost $53.58 Unrealized +17.8%

GPC GENUINE PARTS CO 0.0%

Value ($000) $4 Shares 30 Est. Cost $128.69 Unrealized +3.8%

MASI MASIMO CORP 0.0%

Value ($000) $4 Shares 28 Est. Cost $143.19 Unrealized +1.4%

DHI D R HORTON INC 0.0%

Value ($000) $4 Shares 25 Est. Cost $152.01 Unrealized +2.6%

TLT ISHARES TR 0.0%

Value ($000) $0 Shares 700,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WBS	WEBSTER FINL CORP	227,302	$14,306	0.0%	$54.49	+25.2%	—	947890109
MTG	MGIC INVT CORP WIS	412,253	$12,046	0.0%	$18.05	+49.8%	—	552848103
FG	F&G ANNUITIES & LIFE INC	366,671	$11,312	0.0%	$31.09	-10.6%	—	30190A104
TFX	TELEFLEX INCORPORATED	84,300	$10,288	0.0%	$120.87	-10.1%	—	879369106
CUBI	CUSTOMERS BANCORP INC	139,293	$10,185	0.0%	$55.75	+36.0%	—	23204G100
KTOS	KRATOS DEFENSE & SEC SOLUTIO	133,063	$10,101	0.0%	$18.85	+443.3%	—	50077B207
MHO	M/I HOMES INC	60,100	$7,690	0.0%	$133.66	+3.2%	—	55305B101
FIVN	FIVE9 INC	363,000	$7,278	0.0%	$25.47	-29.3%	—	338307101
YETI	YETI HLDGS INC	134,500	$5,941	0.0%	$38.92	+21.8%	—	98585X104
THRY	THRYV HLDGS INC	842,943	$5,100	0.0%	$14.05	-67.2%	—	886029206
SMWB	SIMILARWEB LTD	645,647	$4,836	0.0%	$8.43	-39.8%	—	M84137104
EMBC	EMBECTA CORP	391,594	$4,652	0.0%	$16.50	-32.1%	—	29082K105
TMCI	TREACE MED CONCEPTS INC	1,462,983	$3,584	0.0%	$7.03	-66.6%	—	89455T109
MAC	MACERICH CO	170,610	$3,149	0.0%	$13.95	—	—	554382101
AL	AIR LEASE CORP	43,522	$2,795	0.0%	$37.62	+71.5%	—	00912X302
LAW	CS DISCO INC	328,719	$2,551	0.0%	$6.02	-10.0%	—	126327105
SVCO	SILVACO GROUP INC	627,211	$2,540	0.0%	$11.96	-65.3%	—	82728C102
RBBN	RIBBON COMMUNICATIONS INC	862,528	$2,484	0.0%	$3.74	-33.0%	—	762544104
SANM	SANMINA CORPORATION	15,377	$2,308	0.0%	$56.21	+178.9%	—	801056102
FUBO	FUBOTV INC	803,533	$2,025	0.0%	$3.33	-40.0%	—	35953D104
ASPN	ASPEN AEROGELS INC	622,487	$1,762	0.0%	$6.73	-49.2%	—	04523Y105
CLW	CLEARWATER PAPER CORP	82,609	$1,437	0.0%	$27.12	-34.5%	—	18538R103
FEOE	RBB FUND TRUST	27,780	$1,343	0.0%	$37.60	—	—	75526L878
FEGE	RBB FUND TRUST	27,635	$1,272	0.0%	$36.49	—	—	75526L886
TIC	TIC SOLUTIONS INC	90,000	$910	0.0%	$11.40	-10.1%	—	00510N102
SND	SMART SAND INC	225,476	$902	0.0%	$2.14	+114.6%	—	83191H107
KD	KYNDRYL HLDGS INC	26,200	$696	0.0%	$34.25	-39.9%	—	50155Q100
ROKU	ROKU INC	6,000	$651	0.0%	$92.23	+6.8%	—	77543R102
CBZ	CBIZ INC	11,908	$601	0.0%	$55.82	-27.5%	—	124805102
WD	WALKER & DUNLOP INC	9,792	$589	0.0%	$76.88	-18.4%	—	93148P102
LII	LENNOX INTL INC	977	$474	0.0%	$319.86	+64.7%	—	526107107
KLTR	KALTURA INC	221,795	$364	0.0%	$1.58	-6.5%	—	483467106
TRMB	TRIMBLE INC	4,503	$353	0.0%	$56.69	+25.3%	—	896239100
D	DOMINION ENERGY INC	4,622	$271	0.0%	$53.50	+15.2%	—	25746U109
SE	SEA LTD	31	$4	0.0%	$127.58	—	—	81141R100
CFG	CITIZENS FINL GROUP INC	67	$4	0.0%	$53.58	+17.8%	—	174610105
GPC	GENUINE PARTS CO	30	$4	0.0%	$128.69	+3.8%	—	372460105
MASI	MASIMO CORP	28	$4	0.0%	$143.19	+1.4%	—	574795100
DHI	D R HORTON INC	25	$4	0.0%	$152.01	+2.6%	—	23331A109
TLT	ISHARES TR	700,000	$0	0.0%	—	—	PUT	464287432

Decreased Positions (112)

B BARRICK MNG CORP 1.4%

Value ($000) $839,101 (-40.0%) Shares 20,571,232 (-35.9%) Est. Cost $19.29 Unrealized +150.4%

ADI ANALOG DEVICES INC 0.0%

Value ($000) $15 (-100.0%) Shares 48 (-100.0%) Est. Cost $76.23 Unrealized +314.7%

CHRW C H ROBINSON WORLDWIDE IN 1.6%

Value ($000) $951,578 (-34.8%) Shares 5,729,983 (-36.9%) Est. Cost $64.21 Unrealized +182.4%

TSM TAIWAN SEMICONDUCTOR MANUFAC 2.2%

Value ($000) $1,318,727 (-26.9%) Shares 3,902,137 (-34.3%) Est. Cost $70.01 Unrealized —

ROST ROSS STORES INC 0.0%

Value ($000) $3,511 (-98.7%) Shares 16,209 (-98.9%) Est. Cost $87.52 Unrealized +119.8%

IMO IMPERIAL OIL LTD 3.1%

Value ($000) $1,830,323 (+13.9%) Shares 13,972,305 (-24.9%) Est. Cost $24.19 Unrealized +333.8%

GOOGL ALPHABET INC 0.6%

Value ($000) $344,565 (-36.3%) Shares 1,198,237 (-30.7%) Est. Cost $106.67 Unrealized +203.1%

HCA HCA HEALTHCARE INC 2.6%

Value ($000) $1,540,193 (-9.5%) Shares 3,254,570 (-10.7%) Est. Cost $154.93 Unrealized +221.4%

XOM EXXON MOBIL CORP 1.8%

Value ($000) $1,058,274 (+13.4%) Shares 6,237,614 (-19.6%) Est. Cost $51.44 Unrealized +169.7%

NOV NOV INC 1.2%

Value ($000) $684,841 (+16.5%) Shares 36,408,359 (-3.2%) Est. Cost $14.98 Unrealized +24.2%

EXPD EXPEDITORS INTL WASH INC 1.4%

Value ($000) $851,529 (-9.5%) Shares 5,945,185 (-5.8%) Est. Cost $95.91 Unrealized +63.5%

NEM NEWMONT CORP 2.2%

Value ($000) $1,301,421 (-5.0%) Shares 12,022,368 (-12.4%) Est. Cost $32.30 Unrealized +265.7%

NTR NUTRIEN LTD 1.3%

Value ($000) $753,760 (-8.2%) Shares 9,988,867 (-24.9%) Est. Cost $43.85 Unrealized +55.3%

PAAS PAN AMERN SILVER CORP 0.2%

Value ($000) $132,268 (-26.9%) Shares 2,417,389 (-30.7%) Est. Cost $32.15 Unrealized +81.6%

WPM WHEATON PRECIOUS METALS CORP 3.1%

Value ($000) $1,854,646 (+2.5%) Shares 14,156,511 (-8.0%) Est. Cost $22.39 Unrealized +524.7%

KGC KINROSS GOLD CORP 0.4%

Value ($000) $217,943 (-16.1%) Shares 7,140,993 (-22.6%) Est. Cost $8.28 Unrealized +308.3%

HL HECLA MINING COMPANY 0.0%

Value ($000) $9,082 (-62.0%) Shares 487,500 (-60.9%) Est. Cost $5.10 Unrealized +372.6%

CDE COEUR MNG INC 0.0%

Value ($000) $10,059 (-54.2%) Shares 535,930 (-56.5%) Est. Cost $3.18 Unrealized +601.9%

LINC LINCOLN EDL SVCS CORP 0.0%

Value ($000) $27,875 (+48.2%) Shares 685,230 (-12.0%) Est. Cost $9.14 Unrealized +200.2%

CIEN CIENA CORP 0.0%

Value ($000) $1,009 (-89.4%) Shares 2,600 (-93.6%) Est. Cost $71.73 Unrealized +277.7%

CECO CECO ENVIRONMENTAL CORP 0.0%

Value ($000) $14,449 (-34.2%) Shares 242,511 (-33.9%) Est. Cost $16.76 Unrealized +310.4%

OIS OIL STS INTL INC 0.0%

Value ($000) $23,789 (+36.1%) Shares 2,043,709 (-20.8%) Est. Cost $5.62 Unrealized +62.6%

VPG VISHAY PRECISION GROUP INC 0.0%

Value ($000) $3,148 (-66.2%) Shares 72,500 (-70.0%) Est. Cost $24.39 Unrealized +89.5%

EYE NATIONAL VISION HLDGS INC 0.0%

Value ($000) $5,738 (-50.8%) Shares 221,552 (-50.9%) Est. Cost $17.36 Unrealized +56.4%

AEIS ADVANCED ENERGY INDS 0.0%

Value ($000) $26,403 (+28.1%) Shares 81,818 (-16.9%) Est. Cost $91.95 Unrealized +194.2%

VIAV VIAVI SOLUTIONS INC 0.0%

Value ($000) $18,630 (+44.4%) Shares 559,800 (-22.7%) Est. Cost $9.60 Unrealized +139.4%

IDA IDACORP INC 0.0%

Value ($000) $5,944 (-48.6%) Shares 41,573 (-54.5%) Est. Cost $104.29 Unrealized +29.2%

BBNX BETA BIONICS INC 0.0%

Value ($000) $2,425 (-68.6%) Shares 242,000 (-4.6%) Est. Cost $18.31 Unrealized -6.6%

FN FABRINET 0.0%

Value ($000) $7,926 (-39.3%) Shares 15,198 (-47.0%) Est. Cost $203.50 Unrealized +142.1%

LXU LSB INDS INC 0.0%

Value ($000) $16,167 (+45.1%) Shares 1,085,000 (-17.2%) Est. Cost $9.83 Unrealized -2.0%

WRBY WARBY PARKER INC 0.0%

Value ($000) $2,846 (-63.0%) Shares 135,090 (-61.7%) Est. Cost $20.26 Unrealized +24.4%

TALK TALKSPACE INC 0.0%

Value ($000) $3,446 (-57.0%) Shares 665,884 (-69.8%) Est. Cost $2.93 Unrealized +37.9%

BKD BROOKDALE SR LIVING INC 0.0%

Value ($000) $25,521 (+21.0%) Shares 1,865,584 (-4.6%) Est. Cost $5.40 Unrealized +156.3%

GEOS GEOSPACE TECHNOLOGIES CORP 0.0%

Value ($000) $2,928 (-59.8%) Shares 240,000 (-44.2%) Est. Cost $10.01 Unrealized +55.8%

GLNG GOLAR LNG LTD 0.0%

Value ($000) $15,014 (+37.5%) Shares 277,472 (-5.5%) Est. Cost $32.79 Unrealized +26.0%

FOR FORESTAR GROUP INC 0.0%

Value ($000) $8,307 (-32.0%) Shares 339,898 (-31.4%) Est. Cost $31.05 Unrealized -11.7%

XRX XEROX HOLDINGS CORP 0.0%

Value ($000) $1,419 (-72.6%) Shares 1,099,635 (-49.6%) Est. Cost $3.73 Unrealized -40.3%

OUT OUTFRONT MEDIA INC 0.0%

Value ($000) $14,377 (-20.3%) Shares 542,535 (-27.5%) Est. Cost $16.14 Unrealized —

TTMI TTM TECHNOLOGIES INC 0.0%

Value ($000) $21,868 (+19.9%) Shares 224,471 (-15.0%) Est. Cost $14.95 Unrealized +524.8%

NCMI NATIONAL CINEMEDIA INC 0.0%

Value ($000) $1,329 (-72.8%) Shares 435,618 (-65.3%) Est. Cost $4.50 Unrealized -19.8%

KALU KAISER ALUMINIUM CORPORATION 0.0%

Value ($000) $13,348 (-20.9%) Shares 110,761 (-24.6%) Est. Cost $63.35 Unrealized +105.2%

RDN RADIAN GROUP INC 0.0%

Value ($000) $5,948 (-35.4%) Shares 179,801 (-29.7%) Est. Cost $23.91 Unrealized +41.1%

EVER EVERQUOTE INC 0.0%

Value ($000) $3,577 (-47.4%) Shares 231,957 (-7.9%) Est. Cost $10.69 Unrealized +93.4%

TEL TE CONNECTIVITY PLC 0.0%

Value ($000) $22,114 (-12.7%) Shares 105,800 (-5.0%) Est. Cost $146.90 Unrealized +56.5%

AMRC AMERESCO INC 0.0%

Value ($000) $14,161 (-15.9%) Shares 555,334 (-3.4%) Est. Cost $23.49 Unrealized +35.2%

LXFR LUXFER HLDGS PLC 0.0%

Value ($000) $3,647 (-40.5%) Shares 299,430 (-33.9%) Est. Cost $14.03 Unrealized +6.8%

FORM FORMFACTOR INC 0.0%

Value ($000) $17,443 (+16.2%) Shares 179,848 (-33.2%) Est. Cost $30.49 Unrealized +166.2%

GD GENERAL DYNAMICS CORP 0.0%

Value ($000) $33 (-98.6%) Shares 97 (-98.7%) Est. Cost $129.10 Unrealized +174.6%

CENX CENTURY ALUM CO 0.0%

Value ($000) $9,572 (-19.0%) Shares 163,087 (-45.9%) Est. Cost $9.04 Unrealized +435.7%

KODK EASTMAN KODAK CO 0.0%

Value ($000) $2,647 (-45.7%) Shares 292,500 (-49.2%) Est. Cost $6.19 Unrealized +23.0%

DY DYCOM INDS INC 0.0%

Value ($000) $10,636 (-16.7%) Shares 31,392 (-16.9%) Est. Cost $172.29 Unrealized +123.1%

ORI OLD REP INTL CORP 0.0%

Value ($000) $10,678 (-16.6%) Shares 267,614 (-4.6%) Est. Cost $21.45 Unrealized +93.8%

PGNY PROGYNY INC 0.0%

Value ($000) $3,338 (-38.9%) Shares 196,612 (-7.5%) Est. Cost $18.14 Unrealized +30.4%

HCSG HEALTHCARE SVCS GROUP INC 0.0%

Value ($000) $8,803 (-17.9%) Shares 474,535 (-15.4%) Est. Cost $11.52 Unrealized +70.2%

ASTE ASTEC INDS INC 0.0%

Value ($000) $14,012 (+14.6%) Shares 260,250 (-7.8%) Est. Cost $37.71 Unrealized +38.3%

HLX HELIX ENERGY SOLUTIONS GRP I 0.0%

Value ($000) $5,206 (+48.3%) Shares 526,358 (-6.0%) Est. Cost $6.21 Unrealized +28.3%

AXGN AXOGEN INC 0.0%

Value ($000) $11,748 (-11.9%) Shares 354,590 (-13.0%) Est. Cost $13.93 Unrealized +139.0%

ACLS AXCELIS TECHNOLOGIES INC 0.0%

Value ($000) $9,359 (-14.5%) Shares 100,551 (-26.2%) Est. Cost $68.10 Unrealized +30.8%

MAMA MAMAS CREATIONS INC 0.0%

Value ($000) $18,768 (+8.9%) Shares 1,223,470 (-4.2%) Est. Cost $6.72 Unrealized +120.6%

DCO DUCOMMUN INC DEL 0.0%

Value ($000) $18,761 (+8.8%) Shares 153,776 (-15.2%) Est. Cost $49.93 Unrealized +131.4%

REPX RILEY EXPLORATION PERMIAN IN 0.0%

Value ($000) $6,712 (+29.0%) Shares 184,148 (-6.6%) Est. Cost $24.55 Unrealized +11.1%

AVAH AVEANNA HEALTHCARE HLDGS INC 0.0%

Value ($000) $4,937 (-22.7%) Shares 766,667 (-1.9%) Est. Cost $4.97 Unrealized +66.0%

CLAR CLARUS CORP NEW 0.0%

Value ($000) $1,383 (-51.1%) Shares 508,500 (-39.7%) Est. Cost $6.16 Unrealized -42.6%

AVNW AVIAT NETWORKS INC 0.0%

Value ($000) $6,583 (-16.4%) Shares 291,156 (-20.9%) Est. Cost $19.20 Unrealized +20.6%

MC MOELIS & CO 0.0%

Value ($000) $4,281 (-21.5%) Shares 75,101 (-5.3%) Est. Cost $39.48 Unrealized +78.2%

ASIX ADVANSIX INC 0.0%

Value ($000) $2,012 (-33.6%) Shares 82,460 (-52.9%) Est. Cost $29.27 Unrealized -39.6%

GHM GRAHAM CORP 0.0%

Value ($000) $17,008 (-5.5%) Shares 215,513 (-23.1%) Est. Cost $17.05 Unrealized +344.5%

SMHI SEACOR MARINE HLDGS INC 0.0%

Value ($000) $7,665 (+14.6%) Shares 1,070,489 (-3.7%) Est. Cost $9.84 Unrealized -30.7%

NGS NATURAL GAS SVCS GROUP INC 0.0%

Value ($000) $10,838 (+9.1%) Shares 287,188 (-2.7%) Est. Cost $22.30 Unrealized +59.0%

ACCO ACCO BRANDS CORP 0.0%

Value ($000) $2,494 (-22.5%) Shares 831,369 (-3.6%) Est. Cost $4.59 Unrealized -12.9%

SBUX STARBUCKS CORP 0.0%

Value ($000) $1,467 (-32.0%) Shares 16,376 (-36.1%) Est. Cost $78.49 Unrealized +19.3%

CRNT CERAGON NETWORKS LTD 0.0%

Value ($000) $555 (-55.4%) Shares 256,987 (-56.6%) Est. Cost $2.02 Unrealized +12.8%

NTCT NETSCOUT SYS INC 0.0%

Value ($000) $6,358 (+11.1%) Shares 200,002 (-5.4%) Est. Cost $25.31 Unrealized +11.0%

TILE INTERFACE INC 0.0%

Value ($000) $3,104 (-15.8%) Shares 124,543 (-5.7%) Est. Cost $15.61 Unrealized +103.2%

CTOS CUSTOM TRUCK ONE SOURCE INC 0.0%

Value ($000) $5,031 (+12.3%) Shares 765,822 (-1.6%) Est. Cost $4.82 Unrealized +37.5%

PNTG PENNANT GROUP INC 0.0%

Value ($000) $13,137 (+4.2%) Shares 431,000 (-3.8%) Est. Cost $16.25 Unrealized +84.4%

THR THERMON GROUP HLDGS INC 0.0%

Value ($000) $15,391 (+3.4%) Shares 305,373 (-23.8%) Est. Cost $30.31 Unrealized +50.3%

SDRL SEADRILL LTD 0.0%

Value ($000) $2,139 (+28.5%) Shares 47,000 (-2.3%) Est. Cost $32.48 Unrealized +20.0%

IIIN INSTEEL INDS INC 0.0%

Value ($000) $12,804 (+3.7%) Shares 380,954 (-2.3%) Est. Cost $28.07 Unrealized +23.8%

IPI INTREPID POTASH INC 0.0%

Value ($000) $6,469 (-6.4%) Shares 151,251 (-39.3%) Est. Cost $23.65 Unrealized +38.0%

ALTG ALTA EQUIPMENT GROUP INC 0.0%

Value ($000) $3,922 (+11.5%) Shares 730,437 (-4.5%) Est. Cost $6.33 Unrealized +2.5%

FOSL FOSSIL GROUP INC 0.0%

Value ($000) $1,465 (-21.3%) Shares 340,000 (-31.3%) Est. Cost $1.48 Unrealized +163.2%

TXRH TEXAS ROADHOUSE INC 0.0%

Value ($000) $526 (-39.5%) Shares 3,186 (-39.2%) Est. Cost $173.56 Unrealized +6.3%

ATRO ASTRONICS CORP 0.0%

Value ($000) $12,834 (+2.7%) Shares 192,326 (-16.5%) Est. Cost $15.33 Unrealized +379.1%

ENTG ENTEGRIS INC 0.0%

Value ($000) $1,177 (+32.6%) Shares 10,043 (-4.7%) Est. Cost $85.79 Unrealized +38.0%

THC TENET HEALTHCARE CORP 0.0%

Value ($000) $1,022 (-20.0%) Shares 5,418 (-15.8%) Est. Cost $69.31 Unrealized +197.5%

EVR EVERCORE INC 0.0%

Value ($000) $1,165 (-16.5%) Shares 3,903 (-4.8%) Est. Cost $132.27 Unrealized +166.0%

OSIS OSI SYSTEMS INC 0.0%

Value ($000) $6,548 (-3.4%) Shares 24,662 (-7.2%) Est. Cost $175.84 Unrealized +56.9%

AIRG AIRGAIN INC 0.0%

Value ($000) $2,051 (+12.1%) Shares 372,903 (-17.3%) Est. Cost $6.35 Unrealized -27.9%

CAH CARDINAL HEALTH INC 0.0%

Value ($000) $1,226 (-15.2%) Shares 5,800 (-17.5%) Est. Cost $80.26 Unrealized +168.2%

VECO VEECO INSTRS INC DEL 0.0%

Value ($000) $13,252 (-1.2%) Shares 391,381 (-16.6%) Est. Cost $26.27 Unrealized +20.2%

NVT NVENT ELEC PLC 0.0%

Value ($000) $1,223 (+13.8%) Shares 10,337 (-1.9%) Est. Cost $67.10 Unrealized +67.4%

EXEL EXELIXIS INC 0.0%

Value ($000) $429 (-22.2%) Shares 10,000 (-20.5%) Est. Cost $23.59 Unrealized +85.6%

DGX QUEST DIAGNOSTICS INC 0.0%

Value ($000) $588 (-13.9%) Shares 3,000 (-23.8%) Est. Cost $140.07 Unrealized +36.1%

MUR MURPHY OIL CORP 0.0%

Value ($000) $8,498 (+1.1%) Shares 206,000 (-23.4%) Est. Cost $26.56 Unrealized +19.6%

CASY CASEYS GEN STORES INC 0.0%

Value ($000) $582 (+18.0%) Shares 800 (-10.4%) Est. Cost $258.89 Unrealized +143.8%

TRVG TRIVAGO N V 0.0%

Value ($000) $768 (-9.7%) Shares 283,444 (-3.4%) Est. Cost $3.15 Unrealized —

INFU INFUSYSTEM HLDGS INC 0.0%

Value ($000) $6,658 (-1.2%) Shares 721,371 (-4.0%) Est. Cost $8.62 Unrealized -4.3%

DAL DELTA AIR LINES INC 0.0%

Value ($000) $801 (-9.1%) Shares 12,046 (-5.1%) Est. Cost $42.45 Unrealized +64.6%

PWR QUANTA SVCS INC 0.0%

Value ($000) $1,016 (+8.5%) Shares 1,850 (-16.6%) Est. Cost $237.12 Unrealized +105.0%

CRH CRH PLC 0.0%

Value ($000) $305 (-19.9%) Shares 2,964 (-2.6%) Est. Cost $66.30 Unrealized +87.5%

COHR COHERENT CORP 0.0%

Value ($000) $1,076 (-6.3%) Shares 4,517 (-27.4%) Est. Cost $54.65 Unrealized +290.4%

QXO QXO INC 0.0%

Value ($000) $4,334 (-1.3%) Shares 223,184 (-2.0%) Est. Cost $17.87 Unrealized +35.1%

VSEC VSE CORP 0.0%

Value ($000) $3,489 (-1.6%) Shares 18,922 (-7.8%) Est. Cost $46.93 Unrealized +343.2%

CW CURTISS WRIGHT CORP 0.0%

Value ($000) $954 (+4.5%) Shares 1,401 (-15.4%) Est. Cost $172.07 Unrealized +278.2%

TOL TOLL BROTHERS INC 0.0%

Value ($000) $354 (-9.5%) Shares 2,591 (-10.4%) Est. Cost $63.94 Unrealized +134.5%

ARMK ARAMARK 0.0%

Value ($000) $446 (-3.1%) Shares 11,000 (-11.9%) Est. Cost $29.11 Unrealized +34.2%

WCC WESCO INTL INC 0.0%

Value ($000) $13,998 (+0.0%) Shares 51,158 (-10.6%) Est. Cost $166.80 Unrealized +72.9%

ECL ECOLAB INC 0.0%

Value ($000) $2 (-46.0%) Shares 8 (-46.7%) Est. Cost $265.71 Unrealized +7.7%

LPLA LPL FINL HLDGS INC 0.0%

Value ($000) $2 (-49.5%) Shares 6 (-40.0%) Est. Cost $353.69 Unrealized +0.9%

IAU ISHARES GOLD TR 0.0%

Value ($000) $253 (-0.2%) Shares 2,868 (-8.1%) Est. Cost $55.65 Unrealized —

ODFL OLD DOMINION FREIGHT LINE IN 0.0%

Value ($000) $4 (+9.0%) Shares 21 (-12.5%) Est. Cost $143.18 Unrealized +27.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
B	BARRICK MNG CORP	20,571,232 (-35.9%)	$839,101 (-40.0%)	1.4%	$19.29	+150.4%	COM SHS	06849F108
ADI	ANALOG DEVICES INC	48 (-100.0%)	$15 (-100.0%)	0.0%	$76.23	+314.7%	COM	032654105
CHRW	C H ROBINSON WORLDWIDE IN	5,729,983 (-36.9%)	$951,578 (-34.8%)	1.6%	$64.21	+182.4%	COM NEW	12541W209
TSM	TAIWAN SEMICONDUCTOR MANUFAC	3,902,137 (-34.3%)	$1,318,727 (-26.9%)	2.2%	$70.01	—	SPONSORED ADS	874039100
ROST	ROSS STORES INC	16,209 (-98.9%)	$3,511 (-98.7%)	0.0%	$87.52	+119.8%	COM	778296103
IMO	IMPERIAL OIL LTD	13,972,305 (-24.9%)	$1,830,323 (+13.9%)	3.1%	$24.19	+333.8%	COM NEW	453038408
GOOGL	ALPHABET INC	1,198,237 (-30.7%)	$344,565 (-36.3%)	0.6%	$106.67	+203.1%	CAP STK CL A	02079K305
HCA	HCA HEALTHCARE INC	3,254,570 (-10.7%)	$1,540,193 (-9.5%)	2.6%	$154.93	+221.4%	COM	40412C101
XOM	EXXON MOBIL CORP	6,237,614 (-19.6%)	$1,058,274 (+13.4%)	1.8%	$51.44	+169.7%	COM	30231G102
NOV	NOV INC	36,408,359 (-3.2%)	$684,841 (+16.5%)	1.2%	$14.98	+24.2%	COM	62955J103
EXPD	EXPEDITORS INTL WASH INC	5,945,185 (-5.8%)	$851,529 (-9.5%)	1.4%	$95.91	+63.5%	COM	302130109
NEM	NEWMONT CORP	12,022,368 (-12.4%)	$1,301,421 (-5.0%)	2.2%	$32.30	+265.7%	COM	651639106
NTR	NUTRIEN LTD	9,988,867 (-24.9%)	$753,760 (-8.2%)	1.3%	$43.85	+55.3%	COM	67077M108
PAAS	PAN AMERN SILVER CORP	2,417,389 (-30.7%)	$132,268 (-26.9%)	0.2%	$32.15	+81.6%	COM	697900108
WPM	WHEATON PRECIOUS METALS CORP	14,156,511 (-8.0%)	$1,854,646 (+2.5%)	3.1%	$22.39	+524.7%	COM	962879102
KGC	KINROSS GOLD CORP	7,140,993 (-22.6%)	$217,943 (-16.1%)	0.4%	$8.28	+308.3%	COM	496902404
HL	HECLA MINING COMPANY	487,500 (-60.9%)	$9,082 (-62.0%)	0.0%	$5.10	+372.6%	COM	422704106
CDE	COEUR MNG INC	535,930 (-56.5%)	$10,059 (-54.2%)	0.0%	$3.18	+601.9%	COM NEW	192108504
LINC	LINCOLN EDL SVCS CORP	685,230 (-12.0%)	$27,875 (+48.2%)	0.0%	$9.14	+200.2%	COM	533535100
CIEN	CIENA CORP	2,600 (-93.6%)	$1,009 (-89.4%)	0.0%	$71.73	+277.7%	COM NEW	171779309
CECO	CECO ENVIRONMENTAL CORP	242,511 (-33.9%)	$14,449 (-34.2%)	0.0%	$16.76	+310.4%	COM	125141101
OIS	OIL STS INTL INC	2,043,709 (-20.8%)	$23,789 (+36.1%)	0.0%	$5.62	+62.6%	COM	678026105
VPG	VISHAY PRECISION GROUP INC	72,500 (-70.0%)	$3,148 (-66.2%)	0.0%	$24.39	+89.5%	COM	92835K103
EYE	NATIONAL VISION HLDGS INC	221,552 (-50.9%)	$5,738 (-50.8%)	0.0%	$17.36	+56.4%	COM	63845R107
AEIS	ADVANCED ENERGY INDS	81,818 (-16.9%)	$26,403 (+28.1%)	0.0%	$91.95	+194.2%	COM	007973100
VIAV	VIAVI SOLUTIONS INC	559,800 (-22.7%)	$18,630 (+44.4%)	0.0%	$9.60	+139.4%	COM	925550105
IDA	IDACORP INC	41,573 (-54.5%)	$5,944 (-48.6%)	0.0%	$104.29	+29.2%	COM	451107106
BBNX	BETA BIONICS INC	242,000 (-4.6%)	$2,425 (-68.6%)	0.0%	$18.31	-6.6%	COM	08659B102
FN	FABRINET	15,198 (-47.0%)	$7,926 (-39.3%)	0.0%	$203.50	+142.1%	SHS	G3323L100
LXU	LSB INDS INC	1,085,000 (-17.2%)	$16,167 (+45.1%)	0.0%	$9.83	-2.0%	COM	502160104
WRBY	WARBY PARKER INC	135,090 (-61.7%)	$2,846 (-63.0%)	0.0%	$20.26	+24.4%	CL A COM	93403J106
TALK	TALKSPACE INC	665,884 (-69.8%)	$3,446 (-57.0%)	0.0%	$2.93	+37.9%	COM	87427V103
BKD	BROOKDALE SR LIVING INC	1,865,584 (-4.6%)	$25,521 (+21.0%)	0.0%	$5.40	+156.3%	COM	112463104
GEOS	GEOSPACE TECHNOLOGIES CORP	240,000 (-44.2%)	$2,928 (-59.8%)	0.0%	$10.01	+55.8%	COM	37364X109
GLNG	GOLAR LNG LTD	277,472 (-5.5%)	$15,014 (+37.5%)	0.0%	$32.79	+26.0%	SHS	G9456A100
FOR	FORESTAR GROUP INC	339,898 (-31.4%)	$8,307 (-32.0%)	0.0%	$31.05	-11.7%	COM	346232101
XRX	XEROX HOLDINGS CORP	1,099,635 (-49.6%)	$1,419 (-72.6%)	0.0%	$3.73	-40.3%	COM NEW	98421M106
OUT	OUTFRONT MEDIA INC	542,535 (-27.5%)	$14,377 (-20.3%)	0.0%	$16.14	—	COM NEW	69007J304
TTMI	TTM TECHNOLOGIES INC	224,471 (-15.0%)	$21,868 (+19.9%)	0.0%	$14.95	+524.8%	COM	87305R109
NCMI	NATIONAL CINEMEDIA INC	435,618 (-65.3%)	$1,329 (-72.8%)	0.0%	$4.50	-19.8%	COM NEW	635309206
KALU	KAISER ALUMINIUM CORPORATION	110,761 (-24.6%)	$13,348 (-20.9%)	0.0%	$63.35	+105.2%	COM PAR $0.01	483007704
RDN	RADIAN GROUP INC	179,801 (-29.7%)	$5,948 (-35.4%)	0.0%	$23.91	+41.1%	COM	750236101
EVER	EVERQUOTE INC	231,957 (-7.9%)	$3,577 (-47.4%)	0.0%	$10.69	+93.4%	COM CL A	30041R108
TEL	TE CONNECTIVITY PLC	105,800 (-5.0%)	$22,114 (-12.7%)	0.0%	$146.90	+56.5%	ORD SHS	G87052109
AMRC	AMERESCO INC	555,334 (-3.4%)	$14,161 (-15.9%)	0.0%	$23.49	+35.2%	CL A	02361E108
LXFR	LUXFER HLDGS PLC	299,430 (-33.9%)	$3,647 (-40.5%)	0.0%	$14.03	+6.8%	SHS	G5698W116
FORM	FORMFACTOR INC	179,848 (-33.2%)	$17,443 (+16.2%)	0.0%	$30.49	+166.2%	COM	346375108
GD	GENERAL DYNAMICS CORP	97 (-98.7%)	$33 (-98.6%)	0.0%	$129.10	+174.6%	COM	369550108
CENX	CENTURY ALUM CO	163,087 (-45.9%)	$9,572 (-19.0%)	0.0%	$9.04	+435.7%	COM	156431108
KODK	EASTMAN KODAK CO	292,500 (-49.2%)	$2,647 (-45.7%)	0.0%	$6.19	+23.0%	COM NEW	277461406
DY	DYCOM INDS INC	31,392 (-16.9%)	$10,636 (-16.7%)	0.0%	$172.29	+123.1%	COM	267475101
ORI	OLD REP INTL CORP	267,614 (-4.6%)	$10,678 (-16.6%)	0.0%	$21.45	+93.8%	COM	680223104
PGNY	PROGYNY INC	196,612 (-7.5%)	$3,338 (-38.9%)	0.0%	$18.14	+30.4%	COM	74340E103
HCSG	HEALTHCARE SVCS GROUP INC	474,535 (-15.4%)	$8,803 (-17.9%)	0.0%	$11.52	+70.2%	COM	421906108
ASTE	ASTEC INDS INC	260,250 (-7.8%)	$14,012 (+14.6%)	0.0%	$37.71	+38.3%	COM	046224101
HLX	HELIX ENERGY SOLUTIONS GRP I	526,358 (-6.0%)	$5,206 (+48.3%)	0.0%	$6.21	+28.3%	COM	42330P107
AXGN	AXOGEN INC	354,590 (-13.0%)	$11,748 (-11.9%)	0.0%	$13.93	+139.0%	COM	05463X106
ACLS	AXCELIS TECHNOLOGIES INC	100,551 (-26.2%)	$9,359 (-14.5%)	0.0%	$68.10	+30.8%	COM NEW	054540208
MAMA	MAMAS CREATIONS INC	1,223,470 (-4.2%)	$18,768 (+8.9%)	0.0%	$6.72	+120.6%	COM	56146T103
DCO	DUCOMMUN INC DEL	153,776 (-15.2%)	$18,761 (+8.8%)	0.0%	$49.93	+131.4%	COM	264147109
REPX	RILEY EXPLORATION PERMIAN IN	184,148 (-6.6%)	$6,712 (+29.0%)	0.0%	$24.55	+11.1%	COM	76665T102
AVAH	AVEANNA HEALTHCARE HLDGS INC	766,667 (-1.9%)	$4,937 (-22.7%)	0.0%	$4.97	+66.0%	COM	05356F105
CLAR	CLARUS CORP NEW	508,500 (-39.7%)	$1,383 (-51.1%)	0.0%	$6.16	-42.6%	COM	18270P109
AVNW	AVIAT NETWORKS INC	291,156 (-20.9%)	$6,583 (-16.4%)	0.0%	$19.20	+20.6%	COM NEW	05366Y201
MC	MOELIS & CO	75,101 (-5.3%)	$4,281 (-21.5%)	0.0%	$39.48	+78.2%	CL A	60786M105
ASIX	ADVANSIX INC	82,460 (-52.9%)	$2,012 (-33.6%)	0.0%	$29.27	-39.6%	COM	00773T101
GHM	GRAHAM CORP	215,513 (-23.1%)	$17,008 (-5.5%)	0.0%	$17.05	+344.5%	COM	384556106
SMHI	SEACOR MARINE HLDGS INC	1,070,489 (-3.7%)	$7,665 (+14.6%)	0.0%	$9.84	-30.7%	COM	78413P101
NGS	NATURAL GAS SVCS GROUP INC	287,188 (-2.7%)	$10,838 (+9.1%)	0.0%	$22.30	+59.0%	COM	63886Q109
ACCO	ACCO BRANDS CORP	831,369 (-3.6%)	$2,494 (-22.5%)	0.0%	$4.59	-12.9%	COM	00081T108
SBUX	STARBUCKS CORP	16,376 (-36.1%)	$1,467 (-32.0%)	0.0%	$78.49	+19.3%	COM	855244109
CRNT	CERAGON NETWORKS LTD	256,987 (-56.6%)	$555 (-55.4%)	0.0%	$2.02	+12.8%	ORD	M22013102
NTCT	NETSCOUT SYS INC	200,002 (-5.4%)	$6,358 (+11.1%)	0.0%	$25.31	+11.0%	COM	64115T104
TILE	INTERFACE INC	124,543 (-5.7%)	$3,104 (-15.8%)	0.0%	$15.61	+103.2%	COM	458665304
CTOS	CUSTOM TRUCK ONE SOURCE INC	765,822 (-1.6%)	$5,031 (+12.3%)	0.0%	$4.82	+37.5%	COM CL A	23204X103
PNTG	PENNANT GROUP INC	431,000 (-3.8%)	$13,137 (+4.2%)	0.0%	$16.25	+84.4%	COM	70805E109
THR	THERMON GROUP HLDGS INC	305,373 (-23.8%)	$15,391 (+3.4%)	0.0%	$30.31	+50.3%	COM	88362T103
SDRL	SEADRILL LTD	47,000 (-2.3%)	$2,139 (+28.5%)	0.0%	$32.48	+20.0%	COM	G7997W102
IIIN	INSTEEL INDS INC	380,954 (-2.3%)	$12,804 (+3.7%)	0.0%	$28.07	+23.8%	COM	45774W108
IPI	INTREPID POTASH INC	151,251 (-39.3%)	$6,469 (-6.4%)	0.0%	$23.65	+38.0%	COM	46121Y201
ALTG	ALTA EQUIPMENT GROUP INC	730,437 (-4.5%)	$3,922 (+11.5%)	0.0%	$6.33	+2.5%	COMMON STOCK	02128L106
FOSL	FOSSIL GROUP INC	340,000 (-31.3%)	$1,465 (-21.3%)	0.0%	$1.48	+163.2%	COM	34988V106
TXRH	TEXAS ROADHOUSE INC	3,186 (-39.2%)	$526 (-39.5%)	0.0%	$173.56	+6.3%	COM	882681109
ATRO	ASTRONICS CORP	192,326 (-16.5%)	$12,834 (+2.7%)	0.0%	$15.33	+379.1%	COM	046433108
ENTG	ENTEGRIS INC	10,043 (-4.7%)	$1,177 (+32.6%)	0.0%	$85.79	+38.0%	COM	29362U104
THC	TENET HEALTHCARE CORP	5,418 (-15.8%)	$1,022 (-20.0%)	0.0%	$69.31	+197.5%	COM NEW	88033G407
EVR	EVERCORE INC	3,903 (-4.8%)	$1,165 (-16.5%)	0.0%	$132.27	+166.0%	CLASS A	29977A105
OSIS	OSI SYSTEMS INC	24,662 (-7.2%)	$6,548 (-3.4%)	0.0%	$175.84	+56.9%	COM	671044105
AIRG	AIRGAIN INC	372,903 (-17.3%)	$2,051 (+12.1%)	0.0%	$6.35	-27.9%	COM	00938A104
CAH	CARDINAL HEALTH INC	5,800 (-17.5%)	$1,226 (-15.2%)	0.0%	$80.26	+168.2%	COM	14149Y108
VECO	VEECO INSTRS INC DEL	391,381 (-16.6%)	$13,252 (-1.2%)	0.0%	$26.27	+20.2%	COM	922417100
NVT	NVENT ELEC PLC	10,337 (-1.9%)	$1,223 (+13.8%)	0.0%	$67.10	+67.4%	SHS	G6700G107
EXEL	EXELIXIS INC	10,000 (-20.5%)	$429 (-22.2%)	0.0%	$23.59	+85.6%	COM	30161Q104
DGX	QUEST DIAGNOSTICS INC	3,000 (-23.8%)	$588 (-13.9%)	0.0%	$140.07	+36.1%	COM	74834L100
MUR	MURPHY OIL CORP	206,000 (-23.4%)	$8,498 (+1.1%)	0.0%	$26.56	+19.6%	COM	626717102
CASY	CASEYS GEN STORES INC	800 (-10.4%)	$582 (+18.0%)	0.0%	$258.89	+143.8%	COM	147528103
TRVG	TRIVAGO N V	283,444 (-3.4%)	$768 (-9.7%)	0.0%	$3.15	—	SPON ADS A SHS N	89686D303
INFU	INFUSYSTEM HLDGS INC	721,371 (-4.0%)	$6,658 (-1.2%)	0.0%	$8.62	-4.3%	COM	45685K102
DAL	DELTA AIR LINES INC	12,046 (-5.1%)	$801 (-9.1%)	0.0%	$42.45	+64.6%	COM NEW	247361702
PWR	QUANTA SVCS INC	1,850 (-16.6%)	$1,016 (+8.5%)	0.0%	$237.12	+105.0%	COM	74762E102
CRH	CRH PLC	2,964 (-2.6%)	$305 (-19.9%)	0.0%	$66.30	+87.5%	ORD	G25508105
COHR	COHERENT CORP	4,517 (-27.4%)	$1,076 (-6.3%)	0.0%	$54.65	+290.4%	COM	19247G107
QXO	QXO INC	223,184 (-2.0%)	$4,334 (-1.3%)	0.0%	$17.87	+35.1%	COM NEW	82846H405
VSEC	VSE CORP	18,922 (-7.8%)	$3,489 (-1.6%)	0.0%	$46.93	+343.2%	COM	918284100
CW	CURTISS WRIGHT CORP	1,401 (-15.4%)	$954 (+4.5%)	0.0%	$172.07	+278.2%	COM	231561101
TOL	TOLL BROTHERS INC	2,591 (-10.4%)	$354 (-9.5%)	0.0%	$63.94	+134.5%	COM	889478103
ARMK	ARAMARK	11,000 (-11.9%)	$446 (-3.1%)	0.0%	$29.11	+34.2%	COM	03852U106
WCC	WESCO INTL INC	51,158 (-10.6%)	$13,998 (+0.0%)	0.0%	$166.80	+72.9%	COM	95082P105
ECL	ECOLAB INC	8 (-46.7%)	$2 (-46.0%)	0.0%	$265.71	+7.7%	COM	278865100
LPLA	LPL FINL HLDGS INC	6 (-40.0%)	$2 (-49.5%)	0.0%	$353.69	+0.9%	COM	50212V100
IAU	ISHARES GOLD TR	2,868 (-8.1%)	$253 (-0.2%)	0.0%	$55.65	—	ISHARES NEW	464285204
ODFL	OLD DOMINION FREIGHT LINE IN	21 (-12.5%)	$4 (+9.0%)	0.0%	$143.18	+27.9%	COM	679580100

Unchanged Positions (54)

GOOG ALPHABET INC 3.6%

Value ($000) $2,124,097 Shares 7,404,648 Est. Cost $114.00 Unrealized +183.9%

AEM AGNICO EAGLE MINES LTD 1.8%

Value ($000) $1,054,304 Shares 5,193,057 Est. Cost $37.07 Unrealized +455.8%

TXN TEXAS INSTRS INC 1.2%

Value ($000) $713,319 Shares 3,674,253 Est. Cost $83.07 Unrealized +148.3%

GLD SPDR GOLD TR 1.8%

Value ($000) $1,056,681 Shares 2,455,741 Est. Cost $137.12 Unrealized —

DG DOLLAR GEN CORP 0.9%

Value ($000) $529,016 Shares 4,455,622 Est. Cost $76.46 Unrealized +93.2%

AGI ALAMOS GOLD INC 0.5%

Value ($000) $274,546 Shares 6,169,791 Est. Cost $7.05 Unrealized +503.0%

RGLD ROYAL GOLD INC 0.4%

Value ($000) $233,524 Shares 917,616 Est. Cost $79.64 Unrealized +239.1%

AU ANGLOGOLD ASHANTI PLC 0.2%

Value ($000) $145,133 Shares 1,490,679 Est. Cost $19.70 Unrealized +425.9%

ORLA ORLA MNG LTD NEW 0.1%

Value ($000) $76,685 Shares 4,767,826 Est. Cost $4.14 Unrealized +299.1%

FERG FERGUSON ENTERPRISES INC 0.3%

Value ($000) $147,726 Shares 633,309 Est. Cost $184.73 Unrealized +35.9%

GFI GOLD FIELDS LTD 0.3%

Value ($000) $160,526 Shares 3,535,804 Est. Cost $15.71 Unrealized —

CAE CAE INC 0.0%

Value ($000) $24,350 Shares 935,036 Est. Cost $21.09 Unrealized +50.8%

NG NOVAGOLD RESOURCES INC 0.1%

Value ($000) $82,373 Shares 9,172,929 Est. Cost $5.63 Unrealized +82.4%

JBI JANUS INTERNATIONAL GROUP IN 0.0%

Value ($000) $7,127 Shares 1,383,795 Est. Cost $10.15 Unrealized -31.0%

— BANK AMERICA CORP 0.1%

Value ($000) $35,319 Shares 29,641 Est. Cost $1320.58 Unrealized —

JBTM JBT MAREL CORPORATION 0.0%

Value ($000) $8,056 Shares 63,000 Est. Cost $103.34 Unrealized +54.5%

— WELLS FARGO & CO 0.1%

Value ($000) $29,731 Shares 25,741 Est. Cost $1435.89 Unrealized —

NX QUANEX BLDG PRODS CORP 0.0%

Value ($000) $8,693 Shares 483,744 Est. Cost $19.79 Unrealized -1.4%

DV DOUBLEVERIFY HLDGS INC 0.0%

Value ($000) $6,033 Shares 635,000 Est. Cost $13.05 Unrealized -21.5%

DOUG DOUGLAS ELLIMAN INC 0.0%

Value ($000) $2,675 Shares 1,630,871 Est. Cost $1.90 Unrealized +33.7%

GSM FERROGLOBE PLC 0.0%

Value ($000) $8,583 Shares 2,083,272 Est. Cost $4.98 Unrealized +0.7%

NMIH NMI HLDGS INC 0.0%

Value ($000) $10,261 Shares 273,557 Est. Cost $25.93 Unrealized +51.5%

BZH BEAZER HOMES USA INC 0.0%

Value ($000) $13,365 Shares 694,671 Est. Cost $25.01 Unrealized -2.8%

JOUT JOHNSON OUTDOORS INC 0.0%

Value ($000) $6,460 Shares 138,888 Est. Cost $30.76 Unrealized +52.4%

KVHI KVH INDS INC 0.0%

Value ($000) $1,889 Shares 210,826 Est. Cost $5.47 Unrealized +22.4%

BTG B2GOLD CORP 0.1%

Value ($000) $44,089 Shares 9,702,684 Est. Cost $2.65 Unrealized +93.1%

GNRC GENERAC HLDGS INC 0.0%

Value ($000) $879 Shares 4,500 Est. Cost $127.74 Unrealized +43.4%

ASPS ALTISOURCE PORTFOLIO SOLUTIO 0.0%

Value ($000) $2,775 Shares 435,686 Est. Cost $7.30 Unrealized -19.2%

NATR NATURES SUNSHINE PRODS INC 0.0%

Value ($000) $2,370 Shares 98,800 Est. Cost $13.51 Unrealized +83.1%

XPO XPO INC 0.0%

Value ($000) $721 Shares 3,705 Est. Cost $49.42 Unrealized +244.7%

CLH CLEAN HARBORS INC 0.0%

Value ($000) $1,094 Shares 3,816 Est. Cost $228.49 Unrealized +15.2%

GXO GXO LOGISTICS INCORPORATED 0.0%

Value ($000) $6,564 Shares 126,602 Est. Cost $52.95 Unrealized +11.6%

UEIC UNIVERSAL ELECTRS INC 0.0%

Value ($000) $993 Shares 241,060 Est. Cost $7.57 Unrealized -48.0%

LYTS LSI INDS INC OHIO 0.0%

Value ($000) $5,309 Shares 285,422 Est. Cost $12.21 Unrealized +74.1%

MTN VAIL RESORTS INC 0.0%

Value ($000) $3,050 Shares 23,769 Est. Cost $148.56 Unrealized -7.2%

ACA ARCOSA INC 0.0%

Value ($000) $13,441 Shares 126,636 Est. Cost $68.62 Unrealized +71.6%

CIA CITIZENS INC 0.0%

Value ($000) $2,931 Shares 582,750 Est. Cost $3.06 Unrealized +81.0%

SN SHARKNINJA INC 0.0%

Value ($000) $851 Shares 8,034 Est. Cost $103.25 Unrealized +18.9%

WMS ADVANCED DRAIN SYS INC DEL 0.0%

Value ($000) $730 Shares 5,326 Est. Cost $134.19 Unrealized +20.1%

LUV SOUTHWEST AIRLS CO 0.0%

Value ($000) $376 Shares 10,000 Est. Cost $33.22 Unrealized +42.5%

ENSG ENSIGN GROUP INC 0.0%

Value ($000) $251 Shares 1,247 Est. Cost $138.64 Unrealized +36.1%

DCI DONALDSON INC 0.0%

Value ($000) $272 Shares 3,200 Est. Cost $62.71 Unrealized +62.5%

TRGP TARGA RES CORP 0.0%

Value ($000) $5 Shares 21 Est. Cost $168.08 Unrealized +20.0%

DASH DOORDASH INC 0.0%

Value ($000) $3 Shares 17 Est. Cost $234.56 Unrealized -16.2%

TDY TELEDYNE TECHNOLOGIES INC 0.0%

Value ($000) $4 Shares 7 Est. Cost $526.90 Unrealized +16.5%

ASPSZ ALTISOURCE PORTFOLIO SOLUTIO 0.0%

Value ($000) $1 Shares 2,834 Est. Cost $0.58 Unrealized —

MKTX MARKETAXESS HLDGS INC 0.0%

Value ($000) $4 Shares 22 Est. Cost $169.50 Unrealized +2.0%

WPC WP CAREY INC 0.0%

Value ($000) $4 Shares 59 Est. Cost $64.36 Unrealized —

DXCM DEXCOM INC 0.0%

Value ($000) $4 Shares 58 Est. Cost $64.65 Unrealized +9.7%

MSA MSA SAFETY INC 0.0%

Value ($000) $4 Shares 24 Est. Cost $162.81 Unrealized +13.8%

LOPE GRAND CANYON ED INC 0.0%

Value ($000) $4 Shares 24 Est. Cost $180.87 Unrealized -6.4%

ASPSW ALTISOURCE PORTFOLIO SOLUTIO 0.0%

Value ($000) $1 Shares 2,834 Est. Cost $0.70 Unrealized —

CNS COHEN & STEERS INC 0.0%

Value ($000) $4 Shares 61 Est. Cost $64.78 Unrealized +2.0%

RGA REINSURANCE GROUP AMER INC 0.0%

Value ($000) $4 Shares 19 Est. Cost $193.39 Unrealized +7.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	7,404,648	$2,124,097	3.6%	$114.00	+183.9%	CAP STK CL C	02079K107
AEM	AGNICO EAGLE MINES LTD	5,193,057	$1,054,304	1.8%	$37.07	+455.8%	COM	008474108
TXN	TEXAS INSTRS INC	3,674,253	$713,319	1.2%	$83.07	+148.3%	COM	882508104
GLD	SPDR GOLD TR	2,455,741	$1,056,681	1.8%	$137.12	—	GOLD SHS	78463V107
DG	DOLLAR GEN CORP	4,455,622	$529,016	0.9%	$76.46	+93.2%	COM	256677105
AGI	ALAMOS GOLD INC	6,169,791	$274,546	0.5%	$7.05	+503.0%	COM CL A	011532108
RGLD	ROYAL GOLD INC	917,616	$233,524	0.4%	$79.64	+239.1%	COM	780287108
AU	ANGLOGOLD ASHANTI PLC	1,490,679	$145,133	0.2%	$19.70	+425.9%	COM SHS	G0378L100
ORLA	ORLA MNG LTD NEW	4,767,826	$76,685	0.1%	$4.14	+299.1%	COM	68634K106
FERG	FERGUSON ENTERPRISES INC	633,309	$147,726	0.3%	$184.73	+35.9%	COMMON STOCK NEW	31488V107
GFI	GOLD FIELDS LTD	3,535,804	$160,526	0.3%	$15.71	—	SPONSORED ADR	38059T106
CAE	CAE INC	935,036	$24,350	0.0%	$21.09	+50.8%	COM	124765108
NG	NOVAGOLD RESOURCES INC	9,172,929	$82,373	0.1%	$5.63	+82.4%	COM NEW	66987E206
JBI	JANUS INTERNATIONAL GROUP IN	1,383,795	$7,127	0.0%	$10.15	-31.0%	COMMON STOCK	47103N106
—	BANK AMERICA CORP	29,641	$35,319	0.1%	$1320.58	—	7.25%CNV PFD L	060505682
JBTM	JBT MAREL CORPORATION	63,000	$8,056	0.0%	$103.34	+54.5%	COM	477839104
—	WELLS FARGO & CO	25,741	$29,731	0.1%	$1435.89	—	PERP PFD CNV A	949746804
NX	QUANEX BLDG PRODS CORP	483,744	$8,693	0.0%	$19.79	-1.4%	COM	747619104
DV	DOUBLEVERIFY HLDGS INC	635,000	$6,033	0.0%	$13.05	-21.5%	COM	25862V105
DOUG	DOUGLAS ELLIMAN INC	1,630,871	$2,675	0.0%	$1.90	+33.7%	COM	25961D105
GSM	FERROGLOBE PLC	2,083,272	$8,583	0.0%	$4.98	+0.7%	SHS	G33856108
NMIH	NMI HLDGS INC	273,557	$10,261	0.0%	$25.93	+51.5%	COM	629209305
BZH	BEAZER HOMES USA INC	694,671	$13,365	0.0%	$25.01	-2.8%	COM NEW	07556Q881
JOUT	JOHNSON OUTDOORS INC	138,888	$6,460	0.0%	$30.76	+52.4%	CL A	479167108
KVHI	KVH INDS INC	210,826	$1,889	0.0%	$5.47	+22.4%	COM	482738101
BTG	B2GOLD CORP	9,702,684	$44,089	0.1%	$2.65	+93.1%	COM	11777Q209
GNRC	GENERAC HLDGS INC	4,500	$879	0.0%	$127.74	+43.4%	COM	368736104
ASPS	ALTISOURCE PORTFOLIO SOLUTIO	435,686	$2,775	0.0%	$7.30	-19.2%	SHS NEW	L0175J138
NATR	NATURES SUNSHINE PRODS INC	98,800	$2,370	0.0%	$13.51	+83.1%	COM	639027101
XPO	XPO INC	3,705	$721	0.0%	$49.42	+244.7%	COM	983793100
CLH	CLEAN HARBORS INC	3,816	$1,094	0.0%	$228.49	+15.2%	COM	184496107
GXO	GXO LOGISTICS INCORPORATED	126,602	$6,564	0.0%	$52.95	+11.6%	COMMON STOCK	36262G101
UEIC	UNIVERSAL ELECTRS INC	241,060	$993	0.0%	$7.57	-48.0%	COM	913483103
LYTS	LSI INDS INC OHIO	285,422	$5,309	0.0%	$12.21	+74.1%	COM	50216C108
MTN	VAIL RESORTS INC	23,769	$3,050	0.0%	$148.56	-7.2%	COM	91879Q109
ACA	ARCOSA INC	126,636	$13,441	0.0%	$68.62	+71.6%	COM	039653100
CIA	CITIZENS INC	582,750	$2,931	0.0%	$3.06	+81.0%	CL A	174740100
SN	SHARKNINJA INC	8,034	$851	0.0%	$103.25	+18.9%	COM SHS	G8068L108
WMS	ADVANCED DRAIN SYS INC DEL	5,326	$730	0.0%	$134.19	+20.1%	COM	00790R104
LUV	SOUTHWEST AIRLS CO	10,000	$376	0.0%	$33.22	+42.5%	COM	844741108
ENSG	ENSIGN GROUP INC	1,247	$251	0.0%	$138.64	+36.1%	COM	29358P101
DCI	DONALDSON INC	3,200	$272	0.0%	$62.71	+62.5%	COM	257651109
TRGP	TARGA RES CORP	21	$5	0.0%	$168.08	+20.0%	COM	87612G101
DASH	DOORDASH INC	17	$3	0.0%	$234.56	-16.2%	CL A	25809K105
TDY	TELEDYNE TECHNOLOGIES INC	7	$4	0.0%	$526.90	+16.5%	COM	879360105
ASPSZ	ALTISOURCE PORTFOLIO SOLUTIO	2,834	$1	0.0%	$0.58	—	*W EXP 04/02/202	L0175J120
MKTX	MARKETAXESS HLDGS INC	22	$4	0.0%	$169.50	+2.0%	COM	57060D108
WPC	WP CAREY INC	59	$4	0.0%	$64.36	—	COM	92936U109
DXCM	DEXCOM INC	58	$4	0.0%	$64.65	+9.7%	COM	252131107
MSA	MSA SAFETY INC	24	$4	0.0%	$162.81	+13.8%	COM	553498106
LOPE	GRAND CANYON ED INC	24	$4	0.0%	$180.87	-6.4%	COM	38526M106
ASPSW	ALTISOURCE PORTFOLIO SOLUTIO	2,834	$1	0.0%	$0.70	—	*W EXP 04/30/203	L0175J112
CNS	COHEN & STEERS INC	61	$4	0.0%	$64.78	+2.0%	COM	19247A100
RGA	REINSURANCE GROUP AMER INC	19	$4	0.0%	$193.39	+7.4%	COM NEW	759351604