Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMD	ADVANCED MICRO DEVICES INC	18,468	$10.73M	1.1%	$580.91	—	COM	007903107
LRCX	LAM RESEARCH CORP	20,139	$8.727M	0.9%	$433.33	—	COM NEW	512807306
MU	MICRON TECHNOLOGY INC	6,380	$7.364M	0.7%	$1154.29	—	COM	595112103
SNEX	STONEX GROUP INC	47,453	$5.623M	0.6%	$118.50	—	COM	861896108
SAH	SONIC AUTOMOTIVE INC	56,600	$4.799M	0.5%	$84.79	—	CL A	83545G102
MATX	MATSON INC	21,250	$4.085M	0.4%	$192.23	—	COM	57686G105
JCI	JOHNSON CONTROLS INTERNATION	27,000	$3.945M	0.4%	$146.11	—	SHS	G51502105
UFPI	UFP INDUSTRIES INC	41,878	$3.8M	0.4%	$90.74	—	COM	90278Q108
UE	URBAN EDGE PPTYS	110,800	$2.535M	0.3%	$22.88	—	COM	91704F104
AX	AXOS FINANCIAL INC	24,134	$2.35M	0.2%	$97.39	—	COM	05465C100
FIHL	PELAGOS INS CAP LTD	91,300	$2.223M	0.2%	$24.35	—	COM	G3398L118
NSIT	INSIGHT ENTERPRISES INC	18,121	$2.207M	0.2%	$121.80	—	COM	45765U103
EIX	EDISON INTL	28,774	$2.142M	0.2%	$74.45	—	COM	281020107
CON	CONCENTRA GROUP HOLDINGS PAR	68,400	$2.035M	0.2%	$29.75	—	COMMON STOCK	20603L102
ATLC	ATLANTICUS HOLDINGS CORP	19,871	$2.032M	0.2%	$102.25	—	COM	04914Y102
HLF	HERBALIFE LTD	131,000	$1.723M	0.2%	$13.15	—	COM SHS	G4412G101
SKYW	SKYWEST INC	16,641	$1.653M	0.2%	$99.33	—	COM	830879102
ZGN	ERMENEGILDO ZEGNA N V	100,600	$1.31M	0.1%	$13.02	—	ORD SHS	N30577105
ASML	ASML HLDG NV	612	$1.218M	0.1%	$1989.44	—	N Y REGISTRY SHS	N07059210
SCVL	SHOE STA GROUP INC	72,422	$1.074M	0.1%	$14.83	—	COM	824889109
ED	CONSOLIDATED EDISON INC	9,412	$1.041M	0.1%	$110.63	—	COM	209115104
GEV	GE VERNOVA INC	665	$781K	0.1%	$1174.86	—	COM	36828A101
UVE	UNIVERSAL INS HLDGS INC	17,908	$741K	0.1%	$41.36	—	COM	91359V107
DHI	D R HORTON INC	4,205	$685K	0.1%	$162.88	—	COM	23331A109
EXP	EAGLE MATLS INC	2,710	$610K	0.1%	$225.00	—	COM	26969P108
OKE	ONEOK INC NEW	6,003	$522K	0.1%	$86.94	—	COM	682680103
SNDR	SCHNEIDER NATIONAL INC	13,007	$475K	0.0%	$36.53	—	CL B	80689H102
MET	METLIFE INC	5,600	$474K	0.0%	$84.61	—	COM	59156R108
TILE	INTERFACE INC	10,168	$364K	0.0%	$35.84	—	COM	458665304
LPG	DORIAN LPG LTD	9,400	$327K	0.0%	$34.78	—	SHS USD	Y2106R110
TKR	TIMKEN CO	1,915	$278K	0.0%	$145.32	—	COM	887389104
ALRM	ALARM COM HLDGS INC	5,334	$249K	0.0%	$46.72	—	COM	011642105
G	GENPACT LIMITED	9,059	$249K	0.0%	$27.50	—	SHS	G3922B107
DINO	HF SINCLAIR CORP	3,136	$218K	0.0%	$69.65	—	COM	403949100
TNL	TRAVEL PLUS LEISURE CO	2,853	$218K	0.0%	$76.43	—	COM	894164102
DV	DOUBLEVERIFY HLDGS INC	19,538	$212K	0.0%	$10.84	—	COM	25862V105
AN	AUTONATION INC	1,129	$210K	0.0%	$185.79	—	COM	05329W102
WCC	WESCO INTL INC	603	$208K	0.0%	$345.43	—	COM	95082P105
NOK	NOKIA CORP	14,127	$188K	0.0%	$13.28	—	SPONSORED ADR	654902204
MITT	TPG MTG INVTS TR INC	14,009	$111K	0.0%	$7.92	—	COM NEW	001228501

Increased Positions (77)

GOOG ALPHABET INC 3.8%

Value $37.45M (+41.5%) Shares 105,988 (+14.8%) Est. Cost $209.21 Unrealized —

AMAT APPLIED MATLS INC 1.1%

Value $10.59M (+581.2%) Shares 14,650 (+222.0%) Est. Cost $561.34 Unrealized —

REPX RILEY EXPLORATION PERMIAN IN 0.8%

Value $7.517M (+1368.7%) Shares 228,051 (+1524.2%) Est. Cost $32.53 Unrealized —

LLY ELI LILLY & CO 1.6%

Value $15.49M (+81.3%) Shares 12,917 (+39.0%) Est. Cost $1008.27 Unrealized —

MCY MERCURY GENL CORP NEW 0.9%

Value $8.693M (+158.1%) Shares 81,535 (+113.4%) Est. Cost $98.51 Unrealized —

CAT CATERPILLAR INC 1.2%

Value $11.75M (+71.1%) Shares 11,035 (+13.8%) Est. Cost $585.45 Unrealized —

OFG OFG BANCORP 0.5%

Value $5.118M (+1656.9%) Shares 104,300 (+1348.6%) Est. Cost $48.52 Unrealized —

INSW INTERNATIONAL SEAWAYS INC 0.7%

Value $6.486M (+173.6%) Shares 84,681 (+160.3%) Est. Cost $66.39 Unrealized —

TTAM TITAN AMER SA 0.5%

Value $5.017M (+161.3%) Shares 268,860 (+109.8%) Est. Cost $18.29 Unrealized —

MGRC MCGRATH RENTCORP 0.6%

Value $5.86M (+100.5%) Shares 48,418 (+82.7%) Est. Cost $116.49 Unrealized —

NHC NATIONAL HEALTHCARE CORP 0.5%

Value $4.84M (+131.4%) Shares 22,900 (+74.8%) Est. Cost $174.96 Unrealized —

MHO M/I HOMES INC 1.0%

Value $9.88M (+36.0%) Shares 61,445 (+3.5%) Est. Cost $134.21 Unrealized —

CNXN PC CONNECTION INC 0.7%

Value $7.241M (+48.7%) Shares 99,200 (+19.1%) Est. Cost $58.18 Unrealized —

AMPH AMPHASTAR PHARMACEUTICALS IN 0.8%

Value $7.587M (+45.3%) Shares 375,965 (+41.1%) Est. Cost $24.42 Unrealized —

KOP KOPPERS HOLDINGS INC 0.4%

Value $4.315M (+102.9%) Shares 96,092 (+74.8%) Est. Cost $36.89 Unrealized —

CENTA CENTRAL GARDEN & PET CO 0.3%

Value $2.846M (+187.8%) Shares 73,400 (+140.7%) Est. Cost $34.67 Unrealized —

ABG ASBURY AUTOMOTIVE GROUP INC 0.8%

Value $7.625M (+29.5%) Shares 37,922 (+25.9%) Est. Cost $230.56 Unrealized —

BY BYLINE BANCORP INC 0.7%

Value $6.987M (+32.2%) Shares 185,516 (+10.8%) Est. Cost $28.88 Unrealized —

RDN RADIAN GROUP INC 0.2%

Value $1.831M (+778.5%) Shares 48,600 (+671.4%) Est. Cost $37.16 Unrealized —

HRMY HARMONY BIOSCIENCES HLDGS IN 0.3%

Value $3.262M (+94.4%) Shares 89,600 (+49.6%) Est. Cost $34.89 Unrealized —

FLOC FLOWCO HLDGS INC 0.3%

Value $2.805M (+116.3%) Shares 131,433 (+108.8%) Est. Cost $21.20 Unrealized —

SD SANDRIDGE ENERGY INC 0.6%

Value $5.681M (-14.5%) Shares 414,700 (+1.8%) Est. Cost $13.83 Unrealized —

PAHC PHIBRO ANIMAL HEALTH CORP 0.2%

Value $1.798M (+103.9%) Shares 57,277 (+259.1%) Est. Cost $35.12 Unrealized —

CVX CHEVRON CORPORATION 0.5%

Value $4.855M (+23.1%) Shares 29,292 (+53.7%) Est. Cost $169.73 Unrealized —

AMP AMERIPRISE FINL INC 0.1%

Value $1.38M (+181.8%) Shares 3,008 (+173.0%) Est. Cost $473.97 Unrealized —

VICI VICI PPTYS INC 0.2%

Value $1.798M (+83.0%) Shares 67,710 (+88.3%) Est. Cost $28.03 Unrealized —

ALL ALLSTATE CORP 0.1%

Value $1.287M (+168.7%) Shares 5,411 (+134.1%) Est. Cost $222.99 Unrealized —

CASY CASEYS GEN STORES INC 0.6%

Value $5.893M (+15.5%) Shares 7,414 (+5.8%) Est. Cost $516.52 Unrealized —

FTI TECHNIPFMC PLC 0.3%

Value $3.087M (+34.2%) Shares 46,564 (+39.9%) Est. Cost $57.74 Unrealized —

PLUS EPLUS INC 0.2%

Value $1.573M (+86.6%) Shares 18,900 (+68.8%) Est. Cost $84.35 Unrealized —

PHM PULTE GROUP INC 0.2%

Value $2.118M (+52.2%) Shares 15,435 (+30.4%) Est. Cost $112.50 Unrealized —

JPM JPMORGAN CHASE & CO 0.6%

Value $5.882M (+12.5%) Shares 17,970 (+1.1%) Est. Cost $182.77 Unrealized —

FG F&G ANNUITIES & LIFE INC 0.8%

Value $7.57M (+9.3%) Shares 284,700 (+4.1%) Est. Cost $31.98 Unrealized —

SNX TD SYNNEX CORPORATION 0.1%

Value $991K (+125.3%) Shares 3,707 (+42.2%) Est. Cost $186.94 Unrealized —

GD GENERAL DYNAMICS CORP 0.1%

Value $815K (+163.8%) Shares 2,300 (+155.6%) Est. Cost $349.00 Unrealized —

FCNCA FIRST CTZNS BANCSHARES INC D 0.1%

Value $730K (+158.4%) Shares 351 (+134.0%) Est. Cost $1996.51 Unrealized —

ITW ILLINOIS TOOL WKS INC 0.1%

Value $920K (+60.6%) Shares 3,400 (+54.5%) Est. Cost $255.65 Unrealized —

APA APA CORPORATION 0.1%

Value $655K (+111.4%) Shares 20,125 (+175.5%) Est. Cost $30.34 Unrealized —

LAD LITHIA MTRS INC 0.1%

Value $558K (+144.8%) Shares 1,921 (+110.4%) Est. Cost $303.36 Unrealized —

CI THE CIGNA GROUP 0.1%

Value $717K (+79.1%) Shares 2,600 (+73.3%) Est. Cost $278.58 Unrealized —

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.1%

Value $1.25M (+33.8%) Shares 32,266 (+112.0%) Est. Cost $53.96 Unrealized —

UAL UNITED AIRLS HLDGS INC 0.1%

Value $737K (+73.3%) Shares 5,416 (+17.3%) Est. Cost $87.83 Unrealized —

WELL WELLTOWER INC 0.2%

Value $2.156M (+16.8%) Shares 9,499 (+1.8%) Est. Cost $120.62 Unrealized —

PM PHILIP MORRIS INTL INC 0.3%

Value $2.62M (+11.1%) Shares 14,480 (+1.5%) Est. Cost $142.96 Unrealized —

IRM IRON MTN INC DEL 0.1%

Value $1.199M (+25.5%) Shares 9,495 (+1.5%) Est. Cost $102.56 Unrealized —

REGN REGENERON PHARMACEUTICALS 0.1%

Value $624K (+61.4%) Shares 1,000 (+100.0%) Est. Cost $660.16 Unrealized —

HPQ HP INC 0.1%

Value $1.084M (+27.7%) Shares 49,394 (+11.8%) Est. Cost $24.60 Unrealized —

BANF BANCFIRST CORP 0.1%

Value $556K (+65.2%) Shares 5,000 (+61.3%) Est. Cost $109.40 Unrealized —

PCAR PACCAR INC 0.1%

Value $1.051M (+23.8%) Shares 8,750 (+19.0%) Est. Cost $84.87 Unrealized —

BAC BANK OF AMER CORP 0.1%

Value $1.254M (+19.0%) Shares 22,000 (+1.9%) Est. Cost $32.84 Unrealized —

OTF BLUE OWL TECHNOLOGY FIN CORP 0.2%

Value $2.141M (-8.3%) Shares 206,906 (+9.7%) Est. Cost $13.17 Unrealized —

DOX AMDOCS LTD 0.1%

Value $727K (+34.0%) Shares 14,384 (+73.1%) Est. Cost $66.13 Unrealized —

BP BP PLC 0.1%

Value $728K (-19.8%) Shares 19,709 (+2.0%) Est. Cost $31.50 Unrealized —

SHEL SHELL PLC 0.1%

Value $848K (-15.2%) Shares 10,935 (+1.7%) Est. Cost $66.20 Unrealized —

AGG ISHARES TR 0.3%

Value $2.737M (+5.8%) Shares 27,652 (+6.1%) Est. Cost $99.79 Unrealized —

OHI OMEGA HEALTHCARE INVS INC 0.1%

Value $1.444M (+11.0%) Shares 30,287 (+2.0%) Est. Cost $40.48 Unrealized —

INDA ISHARES TR 0.1%

Value $800K (+21.1%) Shares 16,200 (+14.9%) Est. Cost $53.15 Unrealized —

VCLT VANGUARD SCOTTSDALE FDS 0.1%

Value $1.364M (+11.2%) Shares 18,123 (+10.4%) Est. Cost $77.41 Unrealized —

SFD SMITHFIELD FOODS INC 0.1%

Value $508K (+29.5%) Shares 20,941 (+49.3%) Est. Cost $23.93 Unrealized —

UNP UNION PAC CORP 0.1%

Value $802K (+13.3%) Shares 2,950 (+1.1%) Est. Cost $235.05 Unrealized —

GM GENERAL MTRS CO 0.1%

Value $902K (+9.1%) Shares 11,700 (+5.4%) Est. Cost $40.72 Unrealized —

GEHC GE HEALTHCARE TECHNOLOGIES I 0.0%

Value $435K (+19.9%) Shares 6,800 (+33.3%) Est. Cost $69.37 Unrealized —

UHS UNIVERSAL HLTH SVCS INC 0.0%

Value $467K (+18.1%) Shares 3,143 (+42.2%) Est. Cost $199.52 Unrealized —

OSK OSHKOSH CORP 0.0%

Value $308K (+30.2%) Shares 2,005 (+24.9%) Est. Cost $157.12 Unrealized —

PSX PHILLIPS 66 0.1%

Value $1.286M (-4.7%) Shares 7,605 (+2.7%) Est. Cost $142.52 Unrealized —

AGI ALAMOS GOLD INC 0.0%

Value $388K (+16.6%) Shares 12,800 (+70.7%) Est. Cost $37.47 Unrealized —

CHTR CHARTER COMMUNICATIONS INC 0.1%

Value $1.326M (+3.8%) Shares 9,324 (+57.6%) Est. Cost $225.25 Unrealized —

JNJ JOHNSON & JOHNSON 0.1%

Value $839K (+5.2%) Shares 3,305 (+1.2%) Est. Cost $154.50 Unrealized —

INGR INGREDION INC 0.0%

Value $222K (-14.9%) Shares 2,345 (+1.2%) Est. Cost $115.93 Unrealized —

KSA ISHARES TR 0.1%

Value $642K (-5.0%) Shares 17,200 (+1.2%) Est. Cost $41.09 Unrealized —

PEP PEPSICO INC 0.0%

Value $258K (-11.4%) Shares 1,909 (+1.6%) Est. Cost $162.35 Unrealized —

HCA HCA HEALTHCARE INC 0.1%

Value $819K (-3.9%) Shares 2,100 (+16.7%) Est. Cost $352.96 Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 0.0%

Value $480K (+6.9%) Shares 10,700 (+5.9%) Est. Cost $51.50 Unrealized —

PG PROCTER & GAMBLE CO 0.1%

Value $993K (+2.8%) Shares 6,772 (+1.3%) Est. Cost $163.84 Unrealized —

EMN EASTMAN CHEM CO 0.0%

Value $282K (+8.4%) Shares 4,213 (+23.5%) Est. Cost $71.65 Unrealized —

DUK DUKE ENERGY CORP NEW 0.1%

Value $593K (-2.3%) Shares 4,685 (+1.1%) Est. Cost $120.19 Unrealized —

DLR DIGITAL RLTY TR INC 0.1%

Value $783K (+0.9%) Shares 4,359 (+1.3%) Est. Cost $163.00 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	105,988 (+14.8%)	$37.45M (+41.5%)	3.8%	$209.21	—	CAP STK CL C	02079K107
AMAT	APPLIED MATLS INC	14,650 (+222.0%)	$10.59M (+581.2%)	1.1%	$561.34	—	COM	038222105
REPX	RILEY EXPLORATION PERMIAN IN	228,051 (+1524.2%)	$7.517M (+1368.7%)	0.8%	$32.53	—	COM	76665T102
LLY	ELI LILLY & CO	12,917 (+39.0%)	$15.49M (+81.3%)	1.6%	$1008.27	—	COM	532457108
MCY	MERCURY GENL CORP NEW	81,535 (+113.4%)	$8.693M (+158.1%)	0.9%	$98.51	—	COM	589400100
CAT	CATERPILLAR INC	11,035 (+13.8%)	$11.75M (+71.1%)	1.2%	$585.45	—	COM	149123101
OFG	OFG BANCORP	104,300 (+1348.6%)	$5.118M (+1656.9%)	0.5%	$48.52	—	COM	67103X102
INSW	INTERNATIONAL SEAWAYS INC	84,681 (+160.3%)	$6.486M (+173.6%)	0.7%	$66.39	—	COM	Y41053102
TTAM	TITAN AMER SA	268,860 (+109.8%)	$5.017M (+161.3%)	0.5%	$18.29	—	COMMON SHARES	B9151N105
MGRC	MCGRATH RENTCORP	48,418 (+82.7%)	$5.86M (+100.5%)	0.6%	$116.49	—	COM	580589109
NHC	NATIONAL HEALTHCARE CORP	22,900 (+74.8%)	$4.84M (+131.4%)	0.5%	$174.96	—	COM	635906100
MHO	M/I HOMES INC	61,445 (+3.5%)	$9.88M (+36.0%)	1.0%	$134.21	—	COM	55305B101
CNXN	PC CONNECTION INC	99,200 (+19.1%)	$7.241M (+48.7%)	0.7%	$58.18	—	COM	69318J100
AMPH	AMPHASTAR PHARMACEUTICALS IN	375,965 (+41.1%)	$7.587M (+45.3%)	0.8%	$24.42	—	COM	03209R103
KOP	KOPPERS HOLDINGS INC	96,092 (+74.8%)	$4.315M (+102.9%)	0.4%	$36.89	—	COM	50060P106
CENTA	CENTRAL GARDEN & PET CO	73,400 (+140.7%)	$2.846M (+187.8%)	0.3%	$34.67	—	CL A NON-VTG	153527205
ABG	ASBURY AUTOMOTIVE GROUP INC	37,922 (+25.9%)	$7.625M (+29.5%)	0.8%	$230.56	—	COM	043436104
BY	BYLINE BANCORP INC	185,516 (+10.8%)	$6.987M (+32.2%)	0.7%	$28.88	—	COM	124411109
RDN	RADIAN GROUP INC	48,600 (+671.4%)	$1.831M (+778.5%)	0.2%	$37.16	—	COM	750236101
HRMY	HARMONY BIOSCIENCES HLDGS IN	89,600 (+49.6%)	$3.262M (+94.4%)	0.3%	$34.89	—	COM	413197104
FLOC	FLOWCO HLDGS INC	131,433 (+108.8%)	$2.805M (+116.3%)	0.3%	$21.20	—	COM CL A	342909108
SD	SANDRIDGE ENERGY INC	414,700 (+1.8%)	$5.681M (-14.5%)	0.6%	$13.83	—	COM NEW	80007P869
PAHC	PHIBRO ANIMAL HEALTH CORP	57,277 (+259.1%)	$1.798M (+103.9%)	0.2%	$35.12	—	CL A COM	71742Q106
CVX	CHEVRON CORPORATION	29,292 (+53.7%)	$4.855M (+23.1%)	0.5%	$169.73	—	COM	166764100
AMP	AMERIPRISE FINL INC	3,008 (+173.0%)	$1.38M (+181.8%)	0.1%	$473.97	—	COM	03076C106
VICI	VICI PPTYS INC	67,710 (+88.3%)	$1.798M (+83.0%)	0.2%	$28.03	—	COM	925652109
ALL	ALLSTATE CORP	5,411 (+134.1%)	$1.287M (+168.7%)	0.1%	$222.99	—	COM	020002101
CASY	CASEYS GEN STORES INC	7,414 (+5.8%)	$5.893M (+15.5%)	0.6%	$516.52	—	COM	147528103
FTI	TECHNIPFMC PLC	46,564 (+39.9%)	$3.087M (+34.2%)	0.3%	$57.74	—	COM	G87110105
PLUS	EPLUS INC	18,900 (+68.8%)	$1.573M (+86.6%)	0.2%	$84.35	—	COM	294268107
PHM	PULTE GROUP INC	15,435 (+30.4%)	$2.118M (+52.2%)	0.2%	$112.50	—	COM	745867101
JPM	JPMORGAN CHASE & CO	17,970 (+1.1%)	$5.882M (+12.5%)	0.6%	$182.77	—	COM	46625H100
FG	F&G ANNUITIES & LIFE INC	284,700 (+4.1%)	$7.57M (+9.3%)	0.8%	$31.98	—	COMMON STOCK	30190A104
SNX	TD SYNNEX CORPORATION	3,707 (+42.2%)	$991K (+125.3%)	0.1%	$186.94	—	COM	87162W100
GD	GENERAL DYNAMICS CORP	2,300 (+155.6%)	$815K (+163.8%)	0.1%	$349.00	—	COM	369550108
FCNCA	FIRST CTZNS BANCSHARES INC D	351 (+134.0%)	$730K (+158.4%)	0.1%	$1996.51	—	CL A	31946M103
ITW	ILLINOIS TOOL WKS INC	3,400 (+54.5%)	$920K (+60.6%)	0.1%	$255.65	—	COM	452308109
APA	APA CORPORATION	20,125 (+175.5%)	$655K (+111.4%)	0.1%	$30.34	—	COM	03743Q108
LAD	LITHIA MTRS INC	1,921 (+110.4%)	$558K (+144.8%)	0.1%	$303.36	—	COM	536797103
CI	THE CIGNA GROUP	2,600 (+73.3%)	$717K (+79.1%)	0.1%	$278.58	—	COM	125523100
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	32,266 (+112.0%)	$1.25M (+33.8%)	0.1%	$53.96	—	CL A	192446102
UAL	UNITED AIRLS HLDGS INC	5,416 (+17.3%)	$737K (+73.3%)	0.1%	$87.83	—	COM	910047109
WELL	WELLTOWER INC	9,499 (+1.8%)	$2.156M (+16.8%)	0.2%	$120.62	—	COM	95040Q104
PM	PHILIP MORRIS INTL INC	14,480 (+1.5%)	$2.62M (+11.1%)	0.3%	$142.96	—	COM	718172109
IRM	IRON MTN INC DEL	9,495 (+1.5%)	$1.199M (+25.5%)	0.1%	$102.56	—	COM	46284V101
REGN	REGENERON PHARMACEUTICALS	1,000 (+100.0%)	$624K (+61.4%)	0.1%	$660.16	—	COM	75886F107
HPQ	HP INC	49,394 (+11.8%)	$1.084M (+27.7%)	0.1%	$24.60	—	COM	40434L105
BANF	BANCFIRST CORP	5,000 (+61.3%)	$556K (+65.2%)	0.1%	$109.40	—	COM	05945F103
PCAR	PACCAR INC	8,750 (+19.0%)	$1.051M (+23.8%)	0.1%	$84.87	—	COM	693718108
BAC	BANK OF AMER CORP	22,000 (+1.9%)	$1.254M (+19.0%)	0.1%	$32.84	—	COM	060505104
OTF	BLUE OWL TECHNOLOGY FIN CORP	206,906 (+9.7%)	$2.141M (-8.3%)	0.2%	$13.17	—	COMMON STOCK	095924106
DOX	AMDOCS LTD	14,384 (+73.1%)	$727K (+34.0%)	0.1%	$66.13	—	SHS	G02602103
BP	BP PLC	19,709 (+2.0%)	$728K (-19.8%)	0.1%	$31.50	—	SPONSORED ADR	055622104
SHEL	SHELL PLC	10,935 (+1.7%)	$848K (-15.2%)	0.1%	$66.20	—	SPON ADS	780259305
AGG	ISHARES TR	27,652 (+6.1%)	$2.737M (+5.8%)	0.3%	$99.79	—	CORE US AGGBD ET	464287226
OHI	OMEGA HEALTHCARE INVS INC	30,287 (+2.0%)	$1.444M (+11.0%)	0.1%	$40.48	—	COM	681936100
INDA	ISHARES TR	16,200 (+14.9%)	$800K (+21.1%)	0.1%	$53.15	—	MSCI INDIA ETF	46429B598
VCLT	VANGUARD SCOTTSDALE FDS	18,123 (+10.4%)	$1.364M (+11.2%)	0.1%	$77.41	—	LG-TERM COR BD	92206C813
SFD	SMITHFIELD FOODS INC	20,941 (+49.3%)	$508K (+29.5%)	0.1%	$23.93	—	COM	832248207
UNP	UNION PAC CORP	2,950 (+1.1%)	$802K (+13.3%)	0.1%	$235.05	—	COM	907818108
GM	GENERAL MTRS CO	11,700 (+5.4%)	$902K (+9.1%)	0.1%	$40.72	—	COM	37045V100
GEHC	GE HEALTHCARE TECHNOLOGIES I	6,800 (+33.3%)	$435K (+19.9%)	0.0%	$69.37	—	COMMON STOCK	36266G107
UHS	UNIVERSAL HLTH SVCS INC	3,143 (+42.2%)	$467K (+18.1%)	0.0%	$199.52	—	CL B	913903100
OSK	OSHKOSH CORP	2,005 (+24.9%)	$308K (+30.2%)	0.0%	$157.12	—	COM	688239201
PSX	PHILLIPS 66	7,605 (+2.7%)	$1.286M (-4.7%)	0.1%	$142.52	—	COM	718546104
AGI	ALAMOS GOLD INC	12,800 (+70.7%)	$388K (+16.6%)	0.0%	$37.47	—	COM CL A	011532108
CHTR	CHARTER COMMUNICATIONS INC	9,324 (+57.6%)	$1.326M (+3.8%)	0.1%	$225.25	—	CL A	16119P108
JNJ	JOHNSON & JOHNSON	3,305 (+1.2%)	$839K (+5.2%)	0.1%	$154.50	—	COM	478160104
INGR	INGREDION INC	2,345 (+1.2%)	$222K (-14.9%)	0.0%	$115.93	—	COM	457187102
KSA	ISHARES TR	17,200 (+1.2%)	$642K (-5.0%)	0.1%	$41.09	—	MSCI SAUDI ARBIA	46434V423
PEP	PEPSICO INC	1,909 (+1.6%)	$258K (-11.4%)	0.0%	$162.35	—	COM	713448108
HCA	HCA HEALTHCARE INC	2,100 (+16.7%)	$819K (-3.9%)	0.1%	$352.96	—	COM	40412C101
BAM	BROOKFIELD ASSET MANAGMT LTD	10,700 (+5.9%)	$480K (+6.9%)	0.0%	$51.50	—	CL A LMT VTG SHS	113004105
PG	PROCTER & GAMBLE CO	6,772 (+1.3%)	$993K (+2.8%)	0.1%	$163.84	—	COM	742718109
EMN	EASTMAN CHEM CO	4,213 (+23.5%)	$282K (+8.4%)	0.0%	$71.65	—	COM	277432100
DUK	DUKE ENERGY CORP NEW	4,685 (+1.1%)	$593K (-2.3%)	0.1%	$120.19	—	COM NEW	26441C204
DLR	DIGITAL RLTY TR INC	4,359 (+1.3%)	$783K (+0.9%)	0.1%	$163.00	—	COM	253868103

Exited Positions (29)

NOG NORTHERN OIL & GAS INC 0.8%

Value $8.344M Shares 285,461 Est. Cost $30.43 Unrealized —

STBA S & T BANCORP INC 0.6%

Value $6.35M Shares 151,800 Est. Cost $38.49 Unrealized —

SM SM ENERGY COMPANY 0.6%

Value $6.323M Shares 202,800 Est. Cost $30.90 Unrealized —

HOOD ROBINHOOD MKTS INC 0.5%

Value $4.646M Shares 67,047 Est. Cost $54.58 Unrealized —

SEM SELECT MED HLDGS CORP 0.4%

Value $4.286M Shares 263,100 Est. Cost $14.10 Unrealized —

PRIM PRIMORIS SVCS CORP 0.4%

Value $3.499M Shares 24,460 Est. Cost $149.87 Unrealized —

GIC GLOBAL INDUSTRIAL COMPANY 0.2%

Value $1.816M Shares 57,600 Est. Cost $27.37 Unrealized —

RBCAA REPUBLIC BANCORP INC KY 0.2%

Value $1.623M Shares 23,000 Est. Cost $49.34 Unrealized —

BTU PEABODY ENGR CORP 0.2%

Value $1.537M Shares 46,632 Est. Cost $22.10 Unrealized —

KODK EASTMAN KODAK CO 0.1%

Value $1.182M Shares 130,599 Est. Cost $6.30 Unrealized —

APTV APTIV PLC 0.1%

Value $975K Shares 14,045 Est. Cost $79.12 Unrealized —

PFBC PREFERRED BK LOS ANGELES CA 0.1%

Value $800K Shares 8,816 Est. Cost $92.87 Unrealized —

ACGL ARCH CAP GROUP LTD 0.1%

Value $656K Shares 6,834 Est. Cost $90.43 Unrealized —

SYK STRYKER CORPORATION 0.1%

Value $572K Shares 1,740 Est. Cost $340.46 Unrealized —

FOXA FOX CORP 0.0%

Value $476K Shares 8,145 Est. Cost $50.56 Unrealized —

WSR WHITESTONE REIT 0.0%

Value $415K Shares 25,701 Est. Cost $12.28 Unrealized —

DELL DELL TECHNOLOGIES INC 0.0%

Value $410K Shares 2,500 Est. Cost $140.75 Unrealized —

ACEL ACCEL ENTERTAINMENT INC 0.0%

Value $388K Shares 35,600 Est. Cost $11.05 Unrealized —

UNM UNUM GROUP 0.0%

Value $374K Shares 5,120 Est. Cost $76.48 Unrealized —

TROW PRICE T ROWE GROUP INC 0.0%

Value $371K Shares 4,119 Est. Cost $102.19 Unrealized —

CRUS CIRRUS LOGIC INC 0.0%

Value $318K Shares 2,202 Est. Cost $111.16 Unrealized —

HON HONEYWELL INTL INC 0.0%

Value $312K Shares 1,381 Est. Cost $188.53 Unrealized —

PAGS PAGSEGURO DIGITAL LTD 0.0%

Value $292K Shares 29,129 Est. Cost $9.59 Unrealized —

PRDO PERDOCEO ED CORP 0.0%

Value $276K Shares 7,423 Est. Cost $14.84 Unrealized —

E ENI SPA 0.0%

Value $255K Shares 4,502 Est. Cost $56.61 Unrealized —

BCC BOISE CASCADE CO DEL 0.0%

Value $235K Shares 3,101 Est. Cost $85.22 Unrealized —

TTE TOTALENERGIES SE 0.0%

Value $211K Shares 2,321 Est. Cost $71.53 Unrealized —

BAP CREDICORP LTD 0.0%

Value $208K Shares 612 Est. Cost $336.89 Unrealized —

PLPC PREFORMED LINE PRODS CO 0.0%

Value $203K Shares 748 Est. Cost $252.46 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NOG	NORTHERN OIL & GAS INC	285,461	$8.344M	0.8%	$30.43	—	—	665531307
STBA	S & T BANCORP INC	151,800	$6.35M	0.6%	$38.49	—	—	783859101
SM	SM ENERGY COMPANY	202,800	$6.323M	0.6%	$30.90	—	—	78454L100
HOOD	ROBINHOOD MKTS INC	67,047	$4.646M	0.5%	$54.58	—	—	770700102
SEM	SELECT MED HLDGS CORP	263,100	$4.286M	0.4%	$14.10	—	—	81619Q105
PRIM	PRIMORIS SVCS CORP	24,460	$3.499M	0.4%	$149.87	—	—	74164F103
GIC	GLOBAL INDUSTRIAL COMPANY	57,600	$1.816M	0.2%	$27.37	—	—	37892E102
RBCAA	REPUBLIC BANCORP INC KY	23,000	$1.623M	0.2%	$49.34	—	—	760281204
BTU	PEABODY ENGR CORP	46,632	$1.537M	0.2%	$22.10	—	—	704551100
KODK	EASTMAN KODAK CO	130,599	$1.182M	0.1%	$6.30	—	—	277461406
APTV	APTIV PLC	14,045	$975K	0.1%	$79.12	—	—	G3265R107
PFBC	PREFERRED BK LOS ANGELES CA	8,816	$800K	0.1%	$92.87	—	—	740367404
ACGL	ARCH CAP GROUP LTD	6,834	$656K	0.1%	$90.43	—	—	G0450A105
SYK	STRYKER CORPORATION	1,740	$572K	0.1%	$340.46	—	—	863667101
FOXA	FOX CORP	8,145	$476K	0.0%	$50.56	—	—	35137L105
WSR	WHITESTONE REIT	25,701	$415K	0.0%	$12.28	—	—	966084204
DELL	DELL TECHNOLOGIES INC	2,500	$410K	0.0%	$140.75	—	—	24703L202
ACEL	ACCEL ENTERTAINMENT INC	35,600	$388K	0.0%	$11.05	—	—	00436Q106
UNM	UNUM GROUP	5,120	$374K	0.0%	$76.48	—	—	91529Y106
TROW	PRICE T ROWE GROUP INC	4,119	$371K	0.0%	$102.19	—	—	74144T108
CRUS	CIRRUS LOGIC INC	2,202	$318K	0.0%	$111.16	—	—	172755100
HON	HONEYWELL INTL INC	1,381	$312K	0.0%	$188.53	—	—	438516106
PAGS	PAGSEGURO DIGITAL LTD	29,129	$292K	0.0%	$9.59	—	—	G68707101
PRDO	PERDOCEO ED CORP	7,423	$276K	0.0%	$14.84	—	—	71363P106
E	ENI SPA	4,502	$255K	0.0%	$56.61	—	—	26874R108
BCC	BOISE CASCADE CO DEL	3,101	$235K	0.0%	$85.22	—	—	09739D100
TTE	TOTALENERGIES SE	2,321	$211K	0.0%	$71.53	—	—	F92124100
BAP	CREDICORP LTD	612	$208K	0.0%	$336.89	—	—	G2519Y108
PLPC	PREFORMED LINE PRODS CO	748	$203K	0.0%	$252.46	—	—	740444104

Decreased Positions (129)

FLEX FLEX LTD 1.1%

Value $10.72M (+142.7%) Shares 66,146 (-2.0%) Est. Cost $37.01 Unrealized —

MSFT MICROSOFT CORP 2.2%

Value $21.4M (-17.1%) Shares 57,369 (-17.7%) Est. Cost $423.10 Unrealized —

FFBC 1ST FINL BANCORP 0.4%

Value $3.576M (-54.3%) Shares 105,700 (-62.3%) Est. Cost $20.83 Unrealized —

IMKTA INGLES MKTS INC 0.4%

Value $4.456M (-48.8%) Shares 50,300 (-48.0%) Est. Cost $57.54 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.4%

Value $3.995M (-49.1%) Shares 34,245 (-36.2%) Est. Cost $86.94 Unrealized —

T AT&T INC 0.7%

Value $6.471M (-37.2%) Shares 312,618 (-12.0%) Est. Cost $21.81 Unrealized —

HD HOME DEPOT INC 0.2%

Value $1.677M (-69.4%) Shares 4,754 (-71.4%) Est. Cost $352.64 Unrealized —

PLAB PHOTRONICS INC 0.2%

Value $1.703M (-67.2%) Shares 52,353 (-59.3%) Est. Cost $23.25 Unrealized —

ALX ALEXANDERS INC 0.3%

Value $2.535M (-53.1%) Shares 9,200 (-59.8%) Est. Cost $217.28 Unrealized —

SB SAFE BULKERS INC 0.0%

Value $362K (-88.7%) Shares 57,424 (-88.6%) Est. Cost $4.67 Unrealized —

RUSHA RUSH ENTERPRISES INC 0.5%

Value $5.166M (-33.2%) Shares 70,785 (-39.5%) Est. Cost $36.42 Unrealized —

CCSI CONSENSUS CLOUD SOLUTIONS IN 0.9%

Value $8.81M (+38.9%) Shares 230,924 (-13.6%) Est. Cost $21.07 Unrealized —

LNG CHENIERE ENERGY INC 0.0%

Value $432K (-82.1%) Shares 1,807 (-78.8%) Est. Cost $186.21 Unrealized —

KGC KINROSS GOLD CORP 0.2%

Value $1.94M (-49.7%) Shares 82,147 (-35.0%) Est. Cost $11.22 Unrealized —

WLFC WILLIS LEASE FIN CORP 0.9%

Value $8.797M (+26.2%) Shares 38,450 (-6.1%) Est. Cost $140.61 Unrealized —

SRCE 1ST SOURCE CORP 0.7%

Value $6.6M (-20.3%) Shares 80,900 (-32.4%) Est. Cost $52.78 Unrealized —

DOLE DOLE PLC 0.3%

Value $3.173M (-32.5%) Shares 231,300 (-29.7%) Est. Cost $13.98 Unrealized —

CMRE COSTAMARE INC 0.5%

Value $5.162M (-21.8%) Shares 368,177 (-5.8%) Est. Cost $9.28 Unrealized —

GRBK GREEN BRICK PARTNERS INC 0.9%

Value $8.714M (+17.9%) Shares 108,874 (-5.1%) Est. Cost $60.74 Unrealized —

SCSC SCANSOURCE INC 0.1%

Value $925K (-58.8%) Shares 17,760 (-71.3%) Est. Cost $42.08 Unrealized —

EFSC ENTERPRISE FINL SVCS CORP 0.9%

Value $8.9M (+16.8%) Shares 135,100 (-4.0%) Est. Cost $51.70 Unrealized —

TGLS TECNOGLASS INC 0.2%

Value $1.841M (-40.5%) Shares 39,339 (-43.3%) Est. Cost $52.90 Unrealized —

LADR LADDER CAP CORP 0.4%

Value $3.521M (-25.3%) Shares 353,900 (-26.6%) Est. Cost $11.07 Unrealized —

TNK TEEKAY TANKERS LTD 0.6%

Value $6.194M (-16.1%) Shares 95,481 (-5.2%) Est. Cost $44.65 Unrealized —

CF CF INDUSTRIES HOLD 0.0%

Value $402K (-74.4%) Shares 3,717 (-69.3%) Est. Cost $86.26 Unrealized —

BG BUNGE GLOBAL SA 0.0%

Value $396K (-74.3%) Shares 3,711 (-69.4%) Est. Cost $98.72 Unrealized —

BKE BUCKLE INC 0.5%

Value $4.747M (-19.1%) Shares 112,500 (-3.5%) Est. Cost $32.39 Unrealized —

MCD MCDONALDS CORP 0.1%

Value $822K (-57.5%) Shares 3,041 (-51.1%) Est. Cost $266.70 Unrealized —

COST COSTCO WHOLESALE CORPORATION 0.8%

Value $7.531M (-12.3%) Shares 8,050 (-6.6%) Est. Cost $861.91 Unrealized —

FIZZ NATIONAL BEVERAGE CORP 0.7%

Value $6.961M (-12.5%) Shares 223,100 (-5.7%) Est. Cost $42.15 Unrealized —

MBC MASTERBRAND INC 0.0%

Value $411K (-70.8%) Shares 39,900 (-76.4%) Est. Cost $12.36 Unrealized —

META META PLATFORMS INC 1.3%

Value $12.79M (-6.2%) Shares 22,697 (-4.7%) Est. Cost $512.12 Unrealized —

DFH DREAM FINDERS HOMES INC 0.6%

Value $5.544M (+17.7%) Shares 321,182 (-5.1%) Est. Cost $24.50 Unrealized —

SIGA SIGA TECHNOLOGIES INC 0.2%

Value $1.509M (-35.5%) Shares 414,436 (-5.1%) Est. Cost $6.81 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.3%

Value $3.217M (+33.7%) Shares 6,736 (-5.4%) Est. Cost $174.26 Unrealized —

TK TEEKAY CORPORATION LTD 0.3%

Value $2.681M (-22.4%) Shares 268,131 (-5.2%) Est. Cost $8.26 Unrealized —

CATY CATHAY GEN BANCORP 0.9%

Value $8.697M (+9.7%) Shares 140,297 (-11.8%) Est. Cost $44.78 Unrealized —

AAPL APPLE INC 3.0%

Value $29.32M (-2.5%) Shares 101,322 (-14.5%) Est. Cost $222.73 Unrealized —

PLTK PLAYTIKA HLDG CORP 0.3%

Value $3.294M (-17.1%) Shares 885,354 (-38.0%) Est. Cost $3.92 Unrealized —

HG HAMILTON INSURANCE GROUP LTD 0.8%

Value $8.129M (+8.7%) Shares 239,500 (-4.5%) Est. Cost $26.47 Unrealized —

ADM ARCHER DANIELS MIDLAND CO 0.1%

Value $520K (-54.8%) Shares 6,806 (-57.0%) Est. Cost $54.55 Unrealized —

IBEX IBEX LTD 0.1%

Value $796K (-43.6%) Shares 26,217 (-50.2%) Est. Cost $23.71 Unrealized —

AMZN AMAZON COM INC 1.7%

Value $16.42M (-3.4%) Shares 68,888 (-15.6%) Est. Cost $184.59 Unrealized —

FRME FIRST MERCHANTS CORP 0.9%

Value $8.498M (+6.9%) Shares 194,500 (-5.2%) Est. Cost $30.99 Unrealized —

ACT ENACT HLDGS INC 0.8%

Value $7.907M (+6.3%) Shares 172,988 (-5.1%) Est. Cost $26.54 Unrealized —

VLO VALERO ENERGY CORP 0.1%

Value $729K (-38.6%) Shares 2,800 (-41.7%) Est. Cost $148.98 Unrealized —

MPC MARATHON PETE CORP 0.2%

Value $1.975M (-17.7%) Shares 7,723 (-21.4%) Est. Cost $171.49 Unrealized —

OBDC BLUE OWL CAPITAL CORPORATION 0.5%

Value $4.665M (-8.3%) Shares 429,166 (-6.7%) Est. Cost $12.69 Unrealized —

DLX DELUXE CORP MEDIUM TERM NTS 0.2%

Value $1.624M (-20.4%) Shares 68,000 (-8.2%) Est. Cost $22.80 Unrealized —

MAIN MAIN STR CAP CORP 0.5%

Value $4.959M (-7.7%) Shares 95,591 (-5.8%) Est. Cost $49.99 Unrealized —

L LOEWS CORP 0.0%

Value $273K (-60.1%) Shares 2,409 (-62.4%) Est. Cost $93.45 Unrealized —

GEF GREIF INC 0.8%

Value $8.183M (+5.2%) Shares 109,851 (-5.3%) Est. Cost $46.42 Unrealized —

AFL AFLAC INC 0.1%

Value $539K (-41.5%) Shares 4,600 (-45.2%) Est. Cost $91.40 Unrealized —

MBIN MERCHANTS BANCORP IND 0.9%

Value $8.729M (+4.5%) Shares 174,576 (-10.3%) Est. Cost $33.54 Unrealized —

CCS CENTURY COMMUNITIES INC 0.3%

Value $2.495M (+17.5%) Shares 34,818 (-5.9%) Est. Cost $64.47 Unrealized —

GOOGL ALPHABET INC 0.1%

Value $1.358M (-21.3%) Shares 3,800 (-36.7%) Est. Cost $185.29 Unrealized —

SLVM SYLVAMO CORP 0.2%

Value $2.022M (-15.3%) Shares 53,500 (-5.3%) Est. Cost $46.22 Unrealized —

IBOC INTERNATIONAL BANCSHARES COR 0.8%

Value $8.239M (+4.5%) Shares 108,480 (-7.5%) Est. Cost $64.65 Unrealized —

NMIH NMI HLDGS INC 0.8%

Value $8.14M (+4.2%) Shares 198,100 (-4.9%) Est. Cost $38.70 Unrealized —

WS WORTHINGTON STL INC 0.6%

Value $6.366M (+5.2%) Shares 189,582 (-4.9%) Est. Cost $38.55 Unrealized —

BXSL BLACKSTONE SECD LENDING FD 0.5%

Value $4.529M (-6.4%) Shares 191,023 (-6.4%) Est. Cost $25.85 Unrealized —

DVA DAVITA INC 0.1%

Value $562K (-35.1%) Shares 2,528 (-55.2%) Est. Cost $122.57 Unrealized —

AVT AVNET INC 0.1%

Value $809K (-26.2%) Shares 9,110 (-48.8%) Est. Cost $49.91 Unrealized —

TSLX SIXTH STREET SPECIALTY LENDI 0.2%

Value $2.39M (-10.3%) Shares 139,187 (-3.9%) Est. Cost $21.01 Unrealized —

DVN DEVON ENERGY CORP NEW 0.0%

Value $428K (-37.9%) Shares 10,353 (-24.4%) Est. Cost $33.48 Unrealized —

NUE NUCOR CORP 0.1%

Value $1.474M (+20.7%) Shares 6,616 (-8.4%) Est. Cost $140.97 Unrealized —

ARCC ARES CAPITAL CORP 0.7%

Value $6.568M (-3.5%) Shares 354,445 (-6.1%) Est. Cost $18.23 Unrealized —

OTTR OTTER TAIL CORP 0.8%

Value $7.657M (-3.0%) Shares 85,102 (-5.3%) Est. Cost $77.17 Unrealized —

STM STMICROELECTRONICS N V 0.1%

Value $540K (+75.9%) Shares 7,205 (-18.9%) Est. Cost $30.50 Unrealized —

SLRC SLR INVESTMENT CORP 0.1%

Value $1.017M (-18.5%) Shares 82,175 (-5.7%) Est. Cost $13.57 Unrealized —

PRG PROG HOLDINGS INC 0.3%

Value $2.944M (-7.2%) Shares 63,164 (-42.9%) Est. Cost $33.58 Unrealized —

STLD STEEL DYNAMICS INC 0.1%

Value $622K (-26.8%) Shares 2,710 (-42.5%) Est. Cost $133.54 Unrealized —

GBDC GOLUB CAP BDC INC 0.4%

Value $4.417M (-4.5%) Shares 342,960 (-6.1%) Est. Cost $12.91 Unrealized —

NTB BANK OF N T BUTTERFIELD & SO 0.8%

Value $8.322M (+2.4%) Shares 139,869 (-9.7%) Est. Cost $26.72 Unrealized —

ARDT ARDENT HEALTH INC 0.2%

Value $2.325M (+8.9%) Shares 236,250 (-5.3%) Est. Cost $12.26 Unrealized —

EOG EOG RES INC 0.1%

Value $973K (-15.9%) Shares 7,500 (-6.3%) Est. Cost $119.75 Unrealized —

CCAP CRESCENT CAP BDC INC 0.1%

Value $1.056M (-14.5%) Shares 96,746 (-4.9%) Est. Cost $15.64 Unrealized —

CBT CABOT CORP 0.8%

Value $7.875M (-2.2%) Shares 86,707 (-18.9%) Est. Cost $67.79 Unrealized —

STT STATE STR CORP 0.1%

Value $1.429M (-10.6%) Shares 8,424 (-33.3%) Est. Cost $88.34 Unrealized —

AMLP ALPS ETF TR 0.5%

Value $4.803M (-3.3%) Shares 92,633 (-1.9%) Est. Cost $47.13 Unrealized —

MKL MARKEL GROUP INC 0.1%

Value $1.43M (-10.2%) Shares 732 (-12.0%) Est. Cost $1992.65 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.0%

Value $337K (-29.4%) Shares 3,512 (-7.7%) Est. Cost $100.23 Unrealized —

TRIN TRINITY CAP INC 0.1%

Value $1.379M (+11.0%) Shares 77,075 (-8.7%) Est. Cost $12.80 Unrealized —

UTHR UNITED THERAPEUTICS CORP DEL 0.1%

Value $759K (-14.8%) Shares 1,401 (-6.7%) Est. Cost $354.97 Unrealized —

RING ISHARES INC 0.1%

Value $534K (-19.4%) Shares 8,267 (-1.5%) Est. Cost $38.36 Unrealized —

GFS GLOBALFOUNDRIES INC 0.1%

Value $569K (-17.6%) Shares 6,900 (-55.5%) Est. Cost $41.15 Unrealized —

MFIC MIDCAP FINANCIAL INVSTMNT CO 0.1%

Value $550K (-18.1%) Shares 54,554 (-8.7%) Est. Cost $11.88 Unrealized —

PNC PNC FINL SVCS GROUP INC 0.1%

Value $1.034M (+12.9%) Shares 4,200 (-4.5%) Est. Cost $168.40 Unrealized —

GSK GSK PLC 0.2%

Value $1.503M (-7.1%) Shares 28,680 (-2.2%) Est. Cost $42.60 Unrealized —

AZN ASTRAZENECA PLC 0.1%

Value $1.332M (-7.7%) Shares 7,025 (-4.0%) Est. Cost $190.39 Unrealized —

CGBD CARLYLE SECURED LENDING INC 0.1%

Value $699K (-12.1%) Shares 66,398 (-8.7%) Est. Cost $14.55 Unrealized —

ERIC TELEFONAKTIEBOLAGET LM ERICS 0.4%

Value $4.46M (-2.1%) Shares 399,989 (-1.1%) Est. Cost $8.06 Unrealized —

FSK FS KKR CAP CORP 0.2%

Value $1.579M (-5.7%) Shares 150,376 (-8.6%) Est. Cost $16.20 Unrealized —

NMFC NEW MTN FIN CORP 0.1%

Value $510K (-15.6%) Shares 71,110 (-8.7%) Est. Cost $10.20 Unrealized —

VTOL BRISTOW GROUP INC 0.0%

Value $328K (-21.6%) Shares 7,940 (-11.0%) Est. Cost $36.69 Unrealized —

PNNT PENNANTPARK INVT CORP 0.0%

Value $238K (-25.1%) Shares 68,670 (-3.0%) Est. Cost $5.73 Unrealized —

SXC SUNCOKE ENERGY INC 0.0%

Value $82,915 (-42.4%) Shares 10,300 (-53.4%) Est. Cost $7.70 Unrealized —

TCMD TACTILE SYS TECHNOLOGY INC 0.0%

Value $482K (-10.4%) Shares 16,199 (-21.4%) Est. Cost $29.05 Unrealized —

PFLT PENNANTPARK FLOATING RATE CA 0.0%

Value $322K (-14.8%) Shares 43,052 (-8.5%) Est. Cost $9.46 Unrealized —

HMY HARMONY GOLD MNG LTD 0.0%

Value $195K (-20.3%) Shares 12,845 (-19.5%) Est. Cost $8.72 Unrealized —

ARW ARROW ELECTRS INC 0.1%

Value $1.352M (+3.8%) Shares 6,334 (-30.3%) Est. Cost $117.05 Unrealized —

PSEC PROSPECT CAP CORP 0.0%

Value $179K (-18.8%) Shares 77,540 (-8.3%) Est. Cost $4.10 Unrealized —

BBDC BARINGS BDC INC 0.1%

Value $709K (-5.4%) Shares 83,182 (-8.6%) Est. Cost $8.41 Unrealized —

FN FABRINET 0.0%

Value $309K (-11.5%) Shares 550 (-17.9%) Est. Cost $226.44 Unrealized —

INGM INGRAM MICRO HLDG CORP 0.0%

Value $278K (+16.3%) Shares 10,145 (-1.1%) Est. Cost $21.69 Unrealized —

CSWC CAPITAL SOUTHWEST CORP 0.2%

Value $1.712M (+2.0%) Shares 72,014 (-5.1%) Est. Cost $20.95 Unrealized —

PRU PRUDENTIAL FINL INC 0.1%

Value $800K (+3.5%) Shares 7,412 (-6.3%) Est. Cost $106.51 Unrealized —

BK BANK OF NY MELLON CORP 0.0%

Value $202K (-10.2%) Shares 1,400 (-26.3%) Est. Cost $110.50 Unrealized —

BCSF BAIN CAP SPECIALTY FIN INC 0.0%

Value $276K (-7.6%) Shares 22,028 (-8.4%) Est. Cost $13.69 Unrealized —

CLS CELESTICA INC 0.0%

Value $316K (+7.5%) Shares 866 (-17.0%) Est. Cost $201.61 Unrealized —

ATKR ATKORE INC 0.3%

Value $3.262M (+0.7%) Shares 42,900 (-22.0%) Est. Cost $103.83 Unrealized —

SCCO SOUTHERN COPPER CORP 0.2%

Value $2.452M (-0.7%) Shares 14,073 (-2.0%) Est. Cost $91.31 Unrealized —

IHG INTERCONTINENTAL HOTELS GROU 0.0%

Value $340K (+5.3%) Shares 1,964 (-18.8%) Est. Cost $110.81 Unrealized —

BN BROOKFIELD CORP 0.1%

Value $940K (+1.5%) Shares 22,061 (-3.6%) Est. Cost $36.10 Unrealized —

MUFG MITSUBISHI UFJ FINANCIAL GRO 0.0%

Value $282K (-4.3%) Shares 14,187 (-18.3%) Est. Cost $10.21 Unrealized —

GSBD GOLDMAN SACHS BDC INC 0.1%

Value $1.002M (+1.0%) Shares 105,680 (-5.4%) Est. Cost $14.31 Unrealized —

BCS BARCLAYS PLC 0.0%

Value $235K (+4.2%) Shares 8,741 (-17.9%) Est. Cost $13.29 Unrealized —

SGOV ISHARES TR 0.1%

Value $680K (-1.3%) Shares 6,757 (-1.3%) Est. Cost $100.71 Unrealized —

GLAD GLADSTONE CAP CORP 0.0%

Value $390K (+2.3%) Shares 20,095 (-8.6%) Est. Cost $20.19 Unrealized —

HTGC HERCULES CAPITAL INC 0.3%

Value $3.322M (+0.2%) Shares 210,633 (-6.1%) Est. Cost $19.70 Unrealized —

MSDL MORGAN STANLEY DIRECT LENDIN 0.1%

Value $799K (-0.9%) Shares 52,862 (-8.5%) Est. Cost $17.85 Unrealized —

NNI NELNET INC 0.5%

Value $5.307M (-0.1%) Shares 39,800 (-3.4%) Est. Cost $81.88 Unrealized —

TXT TEXTRON INC 0.1%

Value $827K (-0.7%) Shares 9,013 (-5.3%) Est. Cost $89.98 Unrealized —

NVS NOVARTIS AG 0.2%

Value $2.082M (+0.3%) Shares 13,287 (-2.3%) Est. Cost $114.69 Unrealized —

QAT ISHARES TR 0.0%

Value $117K (-4.7%) Shares 6,500 (-1.5%) Est. Cost $18.51 Unrealized —

COPX GLOBAL X FDS 0.1%

Value $994K (-0.4%) Shares 12,911 (-1.2%) Est. Cost $46.94 Unrealized —

OCSL OAKTREE SPECIALTY LENDING 0.1%

Value $1.092M (+0.3%) Shares 91,463 (-5.1%) Est. Cost $17.08 Unrealized —

VTIP VANGUARD MALVERN FDS 0.0%

Value $396K (-0.6%) Shares 7,874 (-1.1%) Est. Cost $49.40 Unrealized —

DAL DELTA AIR LINES INC 0.1%

Value $545K (-0.2%) Shares 5,820 (-29.2%) Est. Cost $63.53 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FLEX	FLEX LTD	66,146 (-2.0%)	$10.72M (+142.7%)	1.1%	$37.01	—	ORD	Y2573F102
MSFT	MICROSOFT CORP	57,369 (-17.7%)	$21.4M (-17.1%)	2.2%	$423.10	—	COM	594918104
FFBC	1ST FINL BANCORP	105,700 (-62.3%)	$3.576M (-54.3%)	0.4%	$20.83	—	COM	320209109
IMKTA	INGLES MKTS INC	50,300 (-48.0%)	$4.456M (-48.8%)	0.4%	$57.54	—	CL A	457030104
PLTR	PALANTIR TECHNOLOGIES INC	34,245 (-36.2%)	$3.995M (-49.1%)	0.4%	$86.94	—	CL A	69608A108
T	AT&T INC	312,618 (-12.0%)	$6.471M (-37.2%)	0.7%	$21.81	—	COM	00206R102
HD	HOME DEPOT INC	4,754 (-71.4%)	$1.677M (-69.4%)	0.2%	$352.64	—	COM	437076102
PLAB	PHOTRONICS INC	52,353 (-59.3%)	$1.703M (-67.2%)	0.2%	$23.25	—	COM	719405102
ALX	ALEXANDERS INC	9,200 (-59.8%)	$2.535M (-53.1%)	0.3%	$217.28	—	COM	014752109
SB	SAFE BULKERS INC	57,424 (-88.6%)	$362K (-88.7%)	0.0%	$4.67	—	COM	Y7388L103
RUSHA	RUSH ENTERPRISES INC	70,785 (-39.5%)	$5.166M (-33.2%)	0.5%	$36.42	—	CL A	781846209
CCSI	CONSENSUS CLOUD SOLUTIONS IN	230,924 (-13.6%)	$8.81M (+38.9%)	0.9%	$21.07	—	COM	20848V105
LNG	CHENIERE ENERGY INC	1,807 (-78.8%)	$432K (-82.1%)	0.0%	$186.21	—	COM NEW	16411R208
KGC	KINROSS GOLD CORP	82,147 (-35.0%)	$1.94M (-49.7%)	0.2%	$11.22	—	COM	496902404
WLFC	WILLIS LEASE FIN CORP	38,450 (-6.1%)	$8.797M (+26.2%)	0.9%	$140.61	—	COM	970646105
SRCE	1ST SOURCE CORP	80,900 (-32.4%)	$6.6M (-20.3%)	0.7%	$52.78	—	COM	336901103
DOLE	DOLE PLC	231,300 (-29.7%)	$3.173M (-32.5%)	0.3%	$13.98	—	ORD SHS	G27907107
CMRE	COSTAMARE INC	368,177 (-5.8%)	$5.162M (-21.8%)	0.5%	$9.28	—	SHS	Y1771G102
GRBK	GREEN BRICK PARTNERS INC	108,874 (-5.1%)	$8.714M (+17.9%)	0.9%	$60.74	—	COM	392709101
SCSC	SCANSOURCE INC	17,760 (-71.3%)	$925K (-58.8%)	0.1%	$42.08	—	COM	806037107
EFSC	ENTERPRISE FINL SVCS CORP	135,100 (-4.0%)	$8.9M (+16.8%)	0.9%	$51.70	—	COM	293712105
TGLS	TECNOGLASS INC	39,339 (-43.3%)	$1.841M (-40.5%)	0.2%	$52.90	—	ORD SHS	G87264100
LADR	LADDER CAP CORP	353,900 (-26.6%)	$3.521M (-25.3%)	0.4%	$11.07	—	CL A	505743104
TNK	TEEKAY TANKERS LTD	95,481 (-5.2%)	$6.194M (-16.1%)	0.6%	$44.65	—	CL A	G8726X106
CF	CF INDUSTRIES HOLD	3,717 (-69.3%)	$402K (-74.4%)	0.0%	$86.26	—	COM	125269100
BG	BUNGE GLOBAL SA	3,711 (-69.4%)	$396K (-74.3%)	0.0%	$98.72	—	COM SHS	H11356104
BKE	BUCKLE INC	112,500 (-3.5%)	$4.747M (-19.1%)	0.5%	$32.39	—	COM	118440106
MCD	MCDONALDS CORP	3,041 (-51.1%)	$822K (-57.5%)	0.1%	$266.70	—	COM	580135101
COST	COSTCO WHOLESALE CORPORATION	8,050 (-6.6%)	$7.531M (-12.3%)	0.8%	$861.91	—	COM	22160K105
FIZZ	NATIONAL BEVERAGE CORP	223,100 (-5.7%)	$6.961M (-12.5%)	0.7%	$42.15	—	COM	635017106
MBC	MASTERBRAND INC	39,900 (-76.4%)	$411K (-70.8%)	0.0%	$12.36	—	COMMON STOCK	57638P104
META	META PLATFORMS INC	22,697 (-4.7%)	$12.79M (-6.2%)	1.3%	$512.12	—	CL A	30303M102
DFH	DREAM FINDERS HOMES INC	321,182 (-5.1%)	$5.544M (+17.7%)	0.6%	$24.50	—	COM CL A	26154D100
SIGA	SIGA TECHNOLOGIES INC	414,436 (-5.1%)	$1.509M (-35.5%)	0.2%	$6.81	—	COM	826917106
TSM	TAIWAN SEMICONDUCTOR MANUFAC	6,736 (-5.4%)	$3.217M (+33.7%)	0.3%	$174.26	—	SPONSORED ADS	874039100
TK	TEEKAY CORPORATION LTD	268,131 (-5.2%)	$2.681M (-22.4%)	0.3%	$8.26	—	SHS	G8726T105
CATY	CATHAY GEN BANCORP	140,297 (-11.8%)	$8.697M (+9.7%)	0.9%	$44.78	—	COM	149150104
AAPL	APPLE INC	101,322 (-14.5%)	$29.32M (-2.5%)	3.0%	$222.73	—	COM	037833100
PLTK	PLAYTIKA HLDG CORP	885,354 (-38.0%)	$3.294M (-17.1%)	0.3%	$3.92	—	COM	72815L107
HG	HAMILTON INSURANCE GROUP LTD	239,500 (-4.5%)	$8.129M (+8.7%)	0.8%	$26.47	—	CL B	G42706104
ADM	ARCHER DANIELS MIDLAND CO	6,806 (-57.0%)	$520K (-54.8%)	0.1%	$54.55	—	COM	039483102
IBEX	IBEX LTD	26,217 (-50.2%)	$796K (-43.6%)	0.1%	$23.71	—	SHS NEW	G4690M101
AMZN	AMAZON COM INC	68,888 (-15.6%)	$16.42M (-3.4%)	1.7%	$184.59	—	COM	023135106
FRME	FIRST MERCHANTS CORP	194,500 (-5.2%)	$8.498M (+6.9%)	0.9%	$30.99	—	COM	320817109
ACT	ENACT HLDGS INC	172,988 (-5.1%)	$7.907M (+6.3%)	0.8%	$26.54	—	COM	29249E109
VLO	VALERO ENERGY CORP	2,800 (-41.7%)	$729K (-38.6%)	0.1%	$148.98	—	COM	91913Y100
MPC	MARATHON PETE CORP	7,723 (-21.4%)	$1.975M (-17.7%)	0.2%	$171.49	—	COM	56585A102
OBDC	BLUE OWL CAPITAL CORPORATION	429,166 (-6.7%)	$4.665M (-8.3%)	0.5%	$12.69	—	COM	69121K104
DLX	DELUXE CORP MEDIUM TERM NTS	68,000 (-8.2%)	$1.624M (-20.4%)	0.2%	$22.80	—	COM	248019101
MAIN	MAIN STR CAP CORP	95,591 (-5.8%)	$4.959M (-7.7%)	0.5%	$49.99	—	COM	56035L104
L	LOEWS CORP	2,409 (-62.4%)	$273K (-60.1%)	0.0%	$93.45	—	COM	540424108
GEF	GREIF INC	109,851 (-5.3%)	$8.183M (+5.2%)	0.8%	$46.42	—	CL A	397624107
AFL	AFLAC INC	4,600 (-45.2%)	$539K (-41.5%)	0.1%	$91.40	—	COM	001055102
MBIN	MERCHANTS BANCORP IND	174,576 (-10.3%)	$8.729M (+4.5%)	0.9%	$33.54	—	COM	58844R108
CCS	CENTURY COMMUNITIES INC	34,818 (-5.9%)	$2.495M (+17.5%)	0.3%	$64.47	—	COM	156504300
GOOGL	ALPHABET INC	3,800 (-36.7%)	$1.358M (-21.3%)	0.1%	$185.29	—	CAP STK CL A	02079K305
SLVM	SYLVAMO CORP	53,500 (-5.3%)	$2.022M (-15.3%)	0.2%	$46.22	—	COMMON STOCK	871332102
IBOC	INTERNATIONAL BANCSHARES COR	108,480 (-7.5%)	$8.239M (+4.5%)	0.8%	$64.65	—	COM	459044103
NMIH	NMI HLDGS INC	198,100 (-4.9%)	$8.14M (+4.2%)	0.8%	$38.70	—	COM	629209305
WS	WORTHINGTON STL INC	189,582 (-4.9%)	$6.366M (+5.2%)	0.6%	$38.55	—	COM SHS	982104101
BXSL	BLACKSTONE SECD LENDING FD	191,023 (-6.4%)	$4.529M (-6.4%)	0.5%	$25.85	—	COMMON STOCK	09261X102
DVA	DAVITA INC	2,528 (-55.2%)	$562K (-35.1%)	0.1%	$122.57	—	COM	23918K108
AVT	AVNET INC	9,110 (-48.8%)	$809K (-26.2%)	0.1%	$49.91	—	COM	053807103
TSLX	SIXTH STREET SPECIALTY LENDI	139,187 (-3.9%)	$2.39M (-10.3%)	0.2%	$21.01	—	COM	83012A109
DVN	DEVON ENERGY CORP NEW	10,353 (-24.4%)	$428K (-37.9%)	0.0%	$33.48	—	COM	25179M103
NUE	NUCOR CORP	6,616 (-8.4%)	$1.474M (+20.7%)	0.1%	$140.97	—	COM	670346105
ARCC	ARES CAPITAL CORP	354,445 (-6.1%)	$6.568M (-3.5%)	0.7%	$18.23	—	COM	04010L103
OTTR	OTTER TAIL CORP	85,102 (-5.3%)	$7.657M (-3.0%)	0.8%	$77.17	—	COM	689648103
STM	STMICROELECTRONICS N V	7,205 (-18.9%)	$540K (+75.9%)	0.1%	$30.50	—	NY REGISTRY	861012102
SLRC	SLR INVESTMENT CORP	82,175 (-5.7%)	$1.017M (-18.5%)	0.1%	$13.57	—	COM	83413U100
PRG	PROG HOLDINGS INC	63,164 (-42.9%)	$2.944M (-7.2%)	0.3%	$33.58	—	COM NPV	74319R101
STLD	STEEL DYNAMICS INC	2,710 (-42.5%)	$622K (-26.8%)	0.1%	$133.54	—	COM	858119100
GBDC	GOLUB CAP BDC INC	342,960 (-6.1%)	$4.417M (-4.5%)	0.4%	$12.91	—	COM	38173M102
NTB	BANK OF N T BUTTERFIELD & SO	139,869 (-9.7%)	$8.322M (+2.4%)	0.8%	$26.72	—	SHS NEW	G0772R208
ARDT	ARDENT HEALTH INC	236,250 (-5.3%)	$2.325M (+8.9%)	0.2%	$12.26	—	COM	03980N107
EOG	EOG RES INC	7,500 (-6.3%)	$973K (-15.9%)	0.1%	$119.75	—	COM	26875P101
CCAP	CRESCENT CAP BDC INC	96,746 (-4.9%)	$1.056M (-14.5%)	0.1%	$15.64	—	COM	225655109
CBT	CABOT CORP	86,707 (-18.9%)	$7.875M (-2.2%)	0.8%	$67.79	—	COM	127055101
STT	STATE STR CORP	8,424 (-33.3%)	$1.429M (-10.6%)	0.1%	$88.34	—	COM	857477103
AMLP	ALPS ETF TR	92,633 (-1.9%)	$4.803M (-3.3%)	0.5%	$47.13	—	ALERIAN MLP	00162Q452
MKL	MARKEL GROUP INC	732 (-12.0%)	$1.43M (-10.2%)	0.1%	$1992.65	—	COM	570535104
BABA	ALIBABA GROUP HLDG LTD	3,512 (-7.7%)	$337K (-29.4%)	0.0%	$100.23	—	SPONSORED ADS	01609W102
TRIN	TRINITY CAP INC	77,075 (-8.7%)	$1.379M (+11.0%)	0.1%	$12.80	—	COM	896442308
UTHR	UNITED THERAPEUTICS CORP DEL	1,401 (-6.7%)	$759K (-14.8%)	0.1%	$354.97	—	COM	91307C102
RING	ISHARES INC	8,267 (-1.5%)	$534K (-19.4%)	0.1%	$38.36	—	MSCI GBL GOLD MN	46434G855
GFS	GLOBALFOUNDRIES INC	6,900 (-55.5%)	$569K (-17.6%)	0.1%	$41.15	—	ORDINARY SHARES	G39387108
MFIC	MIDCAP FINANCIAL INVSTMNT CO	54,554 (-8.7%)	$550K (-18.1%)	0.1%	$11.88	—	COM NEW	03761U502
PNC	PNC FINL SVCS GROUP INC	4,200 (-4.5%)	$1.034M (+12.9%)	0.1%	$168.40	—	COM	693475105
GSK	GSK PLC	28,680 (-2.2%)	$1.503M (-7.1%)	0.2%	$42.60	—	SPONSORED ADR	37733W204
AZN	ASTRAZENECA PLC	7,025 (-4.0%)	$1.332M (-7.7%)	0.1%	$190.39	—	ORD	G0593M107
CGBD	CARLYLE SECURED LENDING INC	66,398 (-8.7%)	$699K (-12.1%)	0.1%	$14.55	—	COM	872280102
ERIC	TELEFONAKTIEBOLAGET LM ERICS	399,989 (-1.1%)	$4.46M (-2.1%)	0.4%	$8.06	—	ADR B SEK 10	294821608
FSK	FS KKR CAP CORP	150,376 (-8.6%)	$1.579M (-5.7%)	0.2%	$16.20	—	COM	302635206
NMFC	NEW MTN FIN CORP	71,110 (-8.7%)	$510K (-15.6%)	0.1%	$10.20	—	COM	647551100
VTOL	BRISTOW GROUP INC	7,940 (-11.0%)	$328K (-21.6%)	0.0%	$36.69	—	COM	11040G103
PNNT	PENNANTPARK INVT CORP	68,670 (-3.0%)	$238K (-25.1%)	0.0%	$5.73	—	COM	708062104
SXC	SUNCOKE ENERGY INC	10,300 (-53.4%)	$82,915 (-42.4%)	0.0%	$7.70	—	COM	86722A103
TCMD	TACTILE SYS TECHNOLOGY INC	16,199 (-21.4%)	$482K (-10.4%)	0.0%	$29.05	—	COM	87357P100
PFLT	PENNANTPARK FLOATING RATE CA	43,052 (-8.5%)	$322K (-14.8%)	0.0%	$9.46	—	COM	70806A106
HMY	HARMONY GOLD MNG LTD	12,845 (-19.5%)	$195K (-20.3%)	0.0%	$8.72	—	SPONSORED ADR	413216300
ARW	ARROW ELECTRS INC	6,334 (-30.3%)	$1.352M (+3.8%)	0.1%	$117.05	—	COM	042735100
PSEC	PROSPECT CAP CORP	77,540 (-8.3%)	$179K (-18.8%)	0.0%	$4.10	—	COM	74348T102
BBDC	BARINGS BDC INC	83,182 (-8.6%)	$709K (-5.4%)	0.1%	$8.41	—	COM	06759L103
FN	FABRINET	550 (-17.9%)	$309K (-11.5%)	0.0%	$226.44	—	SHS	G3323L100
INGM	INGRAM MICRO HLDG CORP	10,145 (-1.1%)	$278K (+16.3%)	0.0%	$21.69	—	COM	457152106
CSWC	CAPITAL SOUTHWEST CORP	72,014 (-5.1%)	$1.712M (+2.0%)	0.2%	$20.95	—	COM	140501107
PRU	PRUDENTIAL FINL INC	7,412 (-6.3%)	$800K (+3.5%)	0.1%	$106.51	—	COM	744320102
BK	BANK OF NY MELLON CORP	1,400 (-26.3%)	$202K (-10.2%)	0.0%	$110.50	—	COM	064058100
BCSF	BAIN CAP SPECIALTY FIN INC	22,028 (-8.4%)	$276K (-7.6%)	0.0%	$13.69	—	COM STK	05684B107
CLS	CELESTICA INC	866 (-17.0%)	$316K (+7.5%)	0.0%	$201.61	—	COM	15101Q207
ATKR	ATKORE INC	42,900 (-22.0%)	$3.262M (+0.7%)	0.3%	$103.83	—	COM	047649108
SCCO	SOUTHERN COPPER CORP	14,073 (-2.0%)	$2.452M (-0.7%)	0.2%	$91.31	—	COM	84265V105
IHG	INTERCONTINENTAL HOTELS GROU	1,964 (-18.8%)	$340K (+5.3%)	0.0%	$110.81	—	SPONSORED ADS	45857P806
BN	BROOKFIELD CORP	22,061 (-3.6%)	$940K (+1.5%)	0.1%	$36.10	—	CL A LTD VT SH	11271J107
MUFG	MITSUBISHI UFJ FINANCIAL GRO	14,187 (-18.3%)	$282K (-4.3%)	0.0%	$10.21	—	SPONSORED ADS	606822104
GSBD	GOLDMAN SACHS BDC INC	105,680 (-5.4%)	$1.002M (+1.0%)	0.1%	$14.31	—	SHS	38147U107
BCS	BARCLAYS PLC	8,741 (-17.9%)	$235K (+4.2%)	0.0%	$13.29	—	ADR	06738E204
SGOV	ISHARES TR	6,757 (-1.3%)	$680K (-1.3%)	0.1%	$100.71	—	0-3 MTH TREASURY	46436E718
GLAD	GLADSTONE CAP CORP	20,095 (-8.6%)	$390K (+2.3%)	0.0%	$20.19	—	COM NEW	376535878
HTGC	HERCULES CAPITAL INC	210,633 (-6.1%)	$3.322M (+0.2%)	0.3%	$19.70	—	COM	427096508
MSDL	MORGAN STANLEY DIRECT LENDIN	52,862 (-8.5%)	$799K (-0.9%)	0.1%	$17.85	—	COM SHS	61774A103
NNI	NELNET INC	39,800 (-3.4%)	$5.307M (-0.1%)	0.5%	$81.88	—	CL A	64031N108
TXT	TEXTRON INC	9,013 (-5.3%)	$827K (-0.7%)	0.1%	$89.98	—	COM	883203101
NVS	NOVARTIS AG	13,287 (-2.3%)	$2.082M (+0.3%)	0.2%	$114.69	—	SPONSORED ADR	66987V109
QAT	ISHARES TR	6,500 (-1.5%)	$117K (-4.7%)	0.0%	$18.51	—	MSCI QATAR ETF	46434V779
COPX	GLOBAL X FDS	12,911 (-1.2%)	$994K (-0.4%)	0.1%	$46.94	—	GLOBAL X COPPER	37954Y830
OCSL	OAKTREE SPECIALTY LENDING	91,463 (-5.1%)	$1.092M (+0.3%)	0.1%	$17.08	—	COM	67401P405
VTIP	VANGUARD MALVERN FDS	7,874 (-1.1%)	$396K (-0.6%)	0.0%	$49.40	—	STRM INFPROIDX	922020805
DAL	DELTA AIR LINES INC	5,820 (-29.2%)	$545K (-0.2%)	0.1%	$63.53	—	COM NEW	247361702

Unchanged Positions (72)

NVDA NVIDIA CORPORATION 4.4%

Value $43.9M Shares 219,391 Est. Cost $118.45 Unrealized —

PANW PALO ALTO NETWORKS INC 0.7%

Value $7.207M Shares 21,135 Est. Cost $178.55 Unrealized —

AVGO BROADCOM INC 1.6%

Value $15.48M Shares 40,971 Est. Cost $177.82 Unrealized —

NFLX NETFLIX INC. 0.7%

Value $7.369M Shares 103,210 Est. Cost $103.72 Unrealized —

FOR FORESTAR GROUP INC 0.9%

Value $9.263M Shares 292,662 Est. Cost $27.14 Unrealized —

AEM AGNICO EAGLE MINES LTD 0.6%

Value $6.076M Shares 39,121 Est. Cost $77.65 Unrealized —

TSLA TESLA INC 0.9%

Value $9.265M Shares 22,027 Est. Cost $276.30 Unrealized —

CAH CARDINAL HEALTH INC 0.9%

Value $9.352M Shares 39,366 Est. Cost $126.53 Unrealized —

PBI PITNEY BOWES INC 0.3%

Value $2.625M Shares 149,840 Est. Cost $11.65 Unrealized —

WMT WALMART INC 0.9%

Value $9.412M Shares 83,102 Est. Cost $73.36 Unrealized —

RLJ RLJ LODGING TR 0.2%

Value $2.357M Shares 198,900 Est. Cost $7.20 Unrealized —

MO ALTRIA GROUP INC 0.9%

Value $8.45M Shares 117,440 Est. Cost $50.67 Unrealized —

AMCX AMC GLOBAL MEDIA INC 0.2%

Value $2.19M Shares 219,400 Est. Cost $20.07 Unrealized —

SAFE SAFEHOLD INC 0.5%

Value $4.861M Shares 309,600 Est. Cost $13.58 Unrealized —

GCT GIGACLOUD TECHNOLOGY INC 0.1%

Value $1.208M Shares 38,242 Est. Cost $30.02 Unrealized —

HOV HOVNANIAN ENTERPRISES INC 0.2%

Value $2.294M Shares 16,111 Est. Cost $131.37 Unrealized —

GBX GREENBRIER COS INC 0.6%

Value $6.448M Shares 131,571 Est. Cost $51.55 Unrealized —

ANET ARISTA NETWORKS INC 0.2%

Value $1.735M Shares 10,212 Est. Cost $102.84 Unrealized —

URI UNITED RENTALS INC 0.1%

Value $1.28M Shares 1,130 Est. Cost $710.77 Unrealized —

AAT AMERICAN ASSETS TR INC 0.2%

Value $1.551M Shares 62,800 Est. Cost $20.32 Unrealized —

VST VISTRA CORP 0.6%

Value $6.179M Shares 38,951 Est. Cost $104.48 Unrealized —

BFS SAUL CTRS INC 0.3%

Value $2.673M Shares 71,500 Est. Cost $33.26 Unrealized —

RES RPC INC 0.1%

Value $1.468M Shares 251,800 Est. Cost $5.75 Unrealized —

V VISA INC 0.2%

Value $2.312M Shares 6,739 Est. Cost $267.71 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.1%

Value $1.385M Shares 32,705 Est. Cost $37.66 Unrealized —

CINF CINCINNATI FINL CORP 0.1%

Value $1.486M Shares 8,024 Est. Cost $154.50 Unrealized —

PAG PENSKE AUTOMOTIVE GRP INC 0.1%

Value $1.321M Shares 7,381 Est. Cost $140.98 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.4%

Value $4.358M Shares 8,710 Est. Cost $418.35 Unrealized —

MCK MCKESSON CORP 0.1%

Value $1.285M Shares 1,701 Est. Cost $553.37 Unrealized —

FPI FARMLAND PARTNERS INC 0.1%

Value $1.124M Shares 116,100 Est. Cost $10.29 Unrealized —

SYF SYNCHRONY FINANCIAL 0.2%

Value $1.646M Shares 21,649 Est. Cost $55.92 Unrealized —

WM WASTE MGMT INC DEL 0.6%

Value $5.973M Shares 26,801 Est. Cost $210.30 Unrealized —

ABR ARBOR REALTY TRUST INC 0.0%

Value $363K Shares 66,900 Est. Cost $8.85 Unrealized —

GHC GRAHAM HLDGS CO 0.2%

Value $2.055M Shares 1,800 Est. Cost $936.82 Unrealized —

MA MASTERCARD INCORPORATED 0.5%

Value $4.917M Shares 9,573 Est. Cost $484.34 Unrealized —

CMCSA COMCAST CORP NEW 0.1%

Value $813K Shares 33,100 Est. Cost $32.68 Unrealized —

R RYDER SYS INC 0.1%

Value $609K Shares 2,307 Est. Cost $185.75 Unrealized —

MTB M & T BK CORP 0.1%

Value $1.004M Shares 4,217 Est. Cost $191.22 Unrealized —

RS RELIANCE INC 0.1%

Value $637K Shares 1,704 Est. Cost $280.97 Unrealized —

SNA SNAP ON INC 0.1%

Value $1.169M Shares 2,906 Est. Cost $340.47 Unrealized —

TOL TOLL BROTHERS INC 0.1%

Value $612K Shares 3,712 Est. Cost $137.97 Unrealized —

CASH PATHWARD FINANCIAL INC 0.4%

Value $4.211M Shares 48,370 Est. Cost $64.06 Unrealized —

ACI ALBERTSONS COMPANIES INC 0.0%

Value $363K Shares 26,805 Est. Cost $18.78 Unrealized —

GFI GOLD FIELDS LTD 0.0%

Value $237K Shares 7,060 Est. Cost $41.96 Unrealized —

BWXT BWX TECHNOLOGIES INC 0.1%

Value $1.385M Shares 7,114 Est. Cost $98.25 Unrealized —

FBRT FRANKLIN BSP RLTY TR INC 0.1%

Value $1.472M Shares 180,800 Est. Cost $8.49 Unrealized —

BHP BHP BILLITON LIMITED 0.0%

Value $475K Shares 5,698 Est. Cost $61.95 Unrealized —

RNR RENAISSANCERE HLDGS LTD 0.1%

Value $988K Shares 3,119 Est. Cost $263.15 Unrealized —

UPS UNITED PARCEL SVCS INC 0.1%

Value $710K Shares 6,600 Est. Cost $108.07 Unrealized —

CALM CAL MAINE FOODS INC 0.3%

Value $2.634M Shares 32,700 Est. Cost $90.43 Unrealized —

SSD SIMPSON MFG INC 0.0%

Value $252K Shares 1,205 Est. Cost $187.69 Unrealized —

CB CHUBB LIMITED 0.1%

Value $1.022M Shares 3,000 Est. Cost $284.95 Unrealized —

OVV OVINTIV INC 0.0%

Value $362K Shares 6,881 Est. Cost $37.93 Unrealized —

SSNC SS&C TECH HLDGS 0.0%

Value $434K Shares 7,000 Est. Cost $74.90 Unrealized —

FDX FEDEX CORP 0.0%

Value $251K Shares 800 Est. Cost $338.93 Unrealized —

PCG PG&E CORP 0.1%

Value $692K Shares 41,153 Est. Cost $15.45 Unrealized —

EVR EVERCORE INC 0.0%

Value $229K Shares 670 Est. Cost $279.37 Unrealized —

LEA LEAR CORP 0.0%

Value $256K Shares 1,912 Est. Cost $106.29 Unrealized —

GPK GRAPHIC PACKAGING HLDG CO 0.0%

Value $332K Shares 31,399 Est. Cost $14.10 Unrealized —

ALSN ALLISON TRANSMISSION HLDGS I 0.0%

Value $477K Shares 4,229 Est. Cost $87.50 Unrealized —

BLDR BUILDERS FIRSTSOURCE INC 0.0%

Value $225K Shares 2,511 Est. Cost $113.20 Unrealized —

PVH PVH CORPORATION 0.0%

Value $292K Shares 3,930 Est. Cost $78.18 Unrealized —

SBH SALLY BEAUTY HLDGS INC 0.1%

Value $827K Shares 58,455 Est. Cost $15.07 Unrealized —

GLPI GAMING & LEISURE P 0.1%

Value $1.168M Shares 26,222 Est. Cost $50.55 Unrealized —

CNA CNA FINL CORP 0.0%

Value $248K Shares 5,100 Est. Cost $46.21 Unrealized —

REX REX AMERICAN RES CORP 0.1%

Value $1.211M Shares 26,823 Est. Cost $33.82 Unrealized —

HIG HARTFORD INSURANCE GROUP INC 0.1%

Value $597K Shares 4,507 Est. Cost $133.54 Unrealized —

ORCL ORACLE CORP 0.5%

Value $5.149M Shares 35,136 Est. Cost $160.08 Unrealized —

ORLY OREILLY AUTOMOTIVE INC 0.1%

Value $945K Shares 10,267 Est. Cost $89.97 Unrealized —

PEG PUBLIC SVC ENTERPRISE GROUP 0.1%

Value $1.398M Shares 17,220 Est. Cost $81.08 Unrealized —

LNC LINCOLN NATL CORP IND 0.1%

Value $667K Shares 18,861 Est. Cost $41.11 Unrealized —

BLK BLACKROCK INC 0.3%

Value $2.721M Shares 2,830 Est. Cost $991.05 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	219,391	$43.9M	4.4%	$118.45	—	COM	67066G104
PANW	PALO ALTO NETWORKS INC	21,135	$7.207M	0.7%	$178.55	—	COM	697435105
AVGO	BROADCOM INC	40,971	$15.48M	1.6%	$177.82	—	COM	11135F101
NFLX	NETFLIX INC.	103,210	$7.369M	0.7%	$103.72	—	COM	64110L106
FOR	FORESTAR GROUP INC	292,662	$9.263M	0.9%	$27.14	—	COM	346232101
AEM	AGNICO EAGLE MINES LTD	39,121	$6.076M	0.6%	$77.65	—	COM	008474108
TSLA	TESLA INC	22,027	$9.265M	0.9%	$276.30	—	COM	88160R101
CAH	CARDINAL HEALTH INC	39,366	$9.352M	0.9%	$126.53	—	COM	14149Y108
PBI	PITNEY BOWES INC	149,840	$2.625M	0.3%	$11.65	—	COM	724479100
WMT	WALMART INC	83,102	$9.412M	0.9%	$73.36	—	COM	931142103
RLJ	RLJ LODGING TR	198,900	$2.357M	0.2%	$7.20	—	COM	74965L101
MO	ALTRIA GROUP INC	117,440	$8.45M	0.9%	$50.67	—	COM	02209S103
AMCX	AMC GLOBAL MEDIA INC	219,400	$2.19M	0.2%	$20.07	—	CL A	00164V103
SAFE	SAFEHOLD INC	309,600	$4.861M	0.5%	$13.58	—	COM	78646V107
GCT	GIGACLOUD TECHNOLOGY INC	38,242	$1.208M	0.1%	$30.02	—	CLASS A ORD	G38644103
HOV	HOVNANIAN ENTERPRISES INC	16,111	$2.294M	0.2%	$131.37	—	CL A NEW	442487401
GBX	GREENBRIER COS INC	131,571	$6.448M	0.6%	$51.55	—	COM	393657101
ANET	ARISTA NETWORKS INC	10,212	$1.735M	0.2%	$102.84	—	COM SHS	040413205
URI	UNITED RENTALS INC	1,130	$1.28M	0.1%	$710.77	—	COM	911363109
AAT	AMERICAN ASSETS TR INC	62,800	$1.551M	0.2%	$20.32	—	COM	024013104
VST	VISTRA CORP	38,951	$6.179M	0.6%	$104.48	—	COM	92840M102
BFS	SAUL CTRS INC	71,500	$2.673M	0.3%	$33.26	—	COM	804395101
RES	RPC INC	251,800	$1.468M	0.1%	$5.75	—	COM	749660106
V	VISA INC	6,739	$2.312M	0.2%	$267.71	—	COM CL A	92826C839
VZ	VERIZON COMMUNICATIONS INC	32,705	$1.385M	0.1%	$37.66	—	COM	92343V104
CINF	CINCINNATI FINL CORP	8,024	$1.486M	0.1%	$154.50	—	COM	172062101
PAG	PENSKE AUTOMOTIVE GRP INC	7,381	$1.321M	0.1%	$140.98	—	COM	70959W103
BRK/B	BERKSHIRE HATHAWAY INC DEL	8,710	$4.358M	0.4%	$418.35	—	CL B NEW	084670702
MCK	MCKESSON CORP	1,701	$1.285M	0.1%	$553.37	—	COM	58155Q103
FPI	FARMLAND PARTNERS INC	116,100	$1.124M	0.1%	$10.29	—	COM	31154R109
SYF	SYNCHRONY FINANCIAL	21,649	$1.646M	0.2%	$55.92	—	COM	87165B103
WM	WASTE MGMT INC DEL	26,801	$5.973M	0.6%	$210.30	—	COM	94106L109
ABR	ARBOR REALTY TRUST INC	66,900	$363K	0.0%	$8.85	—	COM	038923108
GHC	GRAHAM HLDGS CO	1,800	$2.055M	0.2%	$936.82	—	COM CL B	384637104
MA	MASTERCARD INCORPORATED	9,573	$4.917M	0.5%	$484.34	—	CL A	57636Q104
CMCSA	COMCAST CORP NEW	33,100	$813K	0.1%	$32.68	—	CL A	20030N101
R	RYDER SYS INC	2,307	$609K	0.1%	$185.75	—	COM	783549108
MTB	M & T BK CORP	4,217	$1.004M	0.1%	$191.22	—	COM	55261F104
RS	RELIANCE INC	1,704	$637K	0.1%	$280.97	—	COM	759509102
SNA	SNAP ON INC	2,906	$1.169M	0.1%	$340.47	—	COM	833034101
TOL	TOLL BROTHERS INC	3,712	$612K	0.1%	$137.97	—	COM	889478103
CASH	PATHWARD FINANCIAL INC	48,370	$4.211M	0.4%	$64.06	—	COM	59100U108
ACI	ALBERTSONS COMPANIES INC	26,805	$363K	0.0%	$18.78	—	COMMON STOCK	013091103
GFI	GOLD FIELDS LTD	7,060	$237K	0.0%	$41.96	—	SPONSORED ADR	38059T106
BWXT	BWX TECHNOLOGIES INC	7,114	$1.385M	0.1%	$98.25	—	COM	05605H100
FBRT	FRANKLIN BSP RLTY TR INC	180,800	$1.472M	0.1%	$8.49	—	COMMON STOCK	35243J101
BHP	BHP BILLITON LIMITED	5,698	$475K	0.0%	$61.95	—	SPONSORED ADS	088606108
RNR	RENAISSANCERE HLDGS LTD	3,119	$988K	0.1%	$263.15	—	COM	G7496G103
UPS	UNITED PARCEL SVCS INC	6,600	$710K	0.1%	$108.07	—	CL B	911312106
CALM	CAL MAINE FOODS INC	32,700	$2.634M	0.3%	$90.43	—	COM NEW	128030202
SSD	SIMPSON MFG INC	1,205	$252K	0.0%	$187.69	—	COM	829073105
CB	CHUBB LIMITED	3,000	$1.022M	0.1%	$284.95	—	COM	H1467J104
OVV	OVINTIV INC	6,881	$362K	0.0%	$37.93	—	COM	69047Q102
SSNC	SS&C TECH HLDGS	7,000	$434K	0.0%	$74.90	—	COM	78467J100
FDX	FEDEX CORP	800	$251K	0.0%	$338.93	—	COM	31428X106
PCG	PG&E CORP	41,153	$692K	0.1%	$15.45	—	COM	69331C108
EVR	EVERCORE INC	670	$229K	0.0%	$279.37	—	CLASS A	29977A105
LEA	LEAR CORP	1,912	$256K	0.0%	$106.29	—	COM NEW	521865204
GPK	GRAPHIC PACKAGING HLDG CO	31,399	$332K	0.0%	$14.10	—	COM	388689101
ALSN	ALLISON TRANSMISSION HLDGS I	4,229	$477K	0.0%	$87.50	—	COM	01973R101
BLDR	BUILDERS FIRSTSOURCE INC	2,511	$225K	0.0%	$113.20	—	COM	12008R107
PVH	PVH CORPORATION	3,930	$292K	0.0%	$78.18	—	COM	693656100
SBH	SALLY BEAUTY HLDGS INC	58,455	$827K	0.1%	$15.07	—	COM	79546E104
GLPI	GAMING & LEISURE P	26,222	$1.168M	0.1%	$50.55	—	COM	36467J108
CNA	CNA FINL CORP	5,100	$248K	0.0%	$46.21	—	COM	126117100
REX	REX AMERICAN RES CORP	26,823	$1.211M	0.1%	$33.82	—	COM	761624105
HIG	HARTFORD INSURANCE GROUP INC	4,507	$597K	0.1%	$133.54	—	COM	416515104
ORCL	ORACLE CORP	35,136	$5.149M	0.5%	$160.08	—	COM	68389X105
ORLY	OREILLY AUTOMOTIVE INC	10,267	$945K	0.1%	$89.97	—	COM	67103H107
PEG	PUBLIC SVC ENTERPRISE GROUP	17,220	$1.398M	0.1%	$81.08	—	COM	744573106
LNC	LINCOLN NATL CORP IND	18,861	$667K	0.1%	$41.11	—	COM	534187109
BLK	BLACKROCK INC	2,830	$2.721M	0.3%	$991.05	—	COM	09290D101