Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DBRG	DIGITALBRIDGE GROUP INC	2,647,728	$40.83M	2.9%	—	—	CL A NEW	25401T603
WBS	WEBSTER FINL CORP	565,050	$39.23M	2.8%	—	—	COM	947890109
CTRA	COTERRA ENERGY INC	1,016,447	$35.72M	2.6%	—	—	COM	127097103
TPH	TRI POINTE HOMES INC	595,459	$27.83M	2.0%	—	—	COM	87265H109
MASI	MASIMO CORP	122,240	$21.74M	1.6%	—	—	COM	574795100
FOLD	AMICUS THERAPEUTIC	1,021,016	$14.76M	1.1%	—	—	COM	03152W109
TALK	TALKSPACE INC	2,637,571	$13.66M	1.0%	—	—	COM	87427V103
OXY	OCCIDENTAL PETE CORP	195,196	$12.69M	0.9%	—	—	COM	674599105
PARR	PAR PAC HOLDINGS INC	158,589	$9.934M	0.7%	—	—	COM NEW	69888T207
QRVO	QORVO INC	113,079	$8.752M	0.6%	—	—	COM	74736K101
SLAB	SILICON LABORATORIES INC	40,428	$8.415M	0.6%	—	—	COM	826919102
TRGP	TARGA RES CORP	30,958	$7.762M	0.6%	—	—	COM	87612G101
ACLS	AXCELIS TECHNOLOGIES INC	82,238	$7.655M	0.6%	—	—	COM NEW	054540208
ACLX	ARCELLX INC	65,097	$7.474M	0.5%	—	—	COMMON STOCK	03940C100
DOW	DOW HLDGS INC	169,401	$7.056M	0.5%	—	—	COM	260557103
VIST	VISTA ENERGY S.A.B. DE C.V.	90,327	$6.817M	0.5%	—	—	SPONSORED ADS	92837L109
VAL	VALARIS LTD	61,520	$6.031M	0.4%	—	—	CL A	G9460G101
CCO	CLEAR CHANNEL OUTDOOR HLDGS IN	2,353,548	$5.578M	0.4%	—	—	COM	18453H106
EQNR	EQUINOR ASA	118,790	$5.013M	0.4%	—	—	SPONSORED ADR	29446M102
AES	AES CORP	348,557	$4.911M	0.4%	—	—	COM	00130H105
APLS	APELLIS PHARMACEUTICALS INC	104,065	$4.187M	0.3%	—	—	COM	03753U106
LIN	LINDE PLC	7,716	$3.825M	0.3%	—	—	SHS	G54950103
PEN	PENUMBRA INC	11,060	$3.632M	0.3%	—	—	COM	70975L107
CASY	CASEYS GEN STORES INC	4,886	$3.556M	0.3%	—	—	COM	147528103
CLMT	CALUMET INC	68,428	$2.457M	0.2%	—	—	COM	131428104
DAWN	DAY ONE BIOPHARMACEUTICALS INC	110,199	$2.363M	0.2%	—	—	COM	23954D109
CENX	CENTURY ALUM CO	39,566	$2.322M	0.2%	—	—	COM	156431108
ETR	ENTERGY CORP NEW	19,315	$2.17M	0.2%	—	—	COM	29364G103
THR	THERMON GROUP HLDGS INC	33,867	$1.707M	0.1%	—	—	COM	88362T103
EOSE	EOS ENERGY ENTERPRISES INC	243,921	$1.21M	0.1%	—	—	COM CL A	29415C101
SCHL	SCHOLASTIC CORP	23,859	$932K	0.1%	—	—	COM	807066105
UDMY	UDEMY INC	158,226	$731K	0.1%	—	—	COM	902685106
DHIL	DIAMOND HILL INVT GROUP INC	1,207	$208K	0.0%	—	—	COM NEW	25264R207
FFIC	FLUSHING FINL CORP	3,153	$48,430	0.0%	—	—	COM	343873105
FSUN	FIRSTSUN CAP BANCORP	68	$2,479	0.0%	—	—	COM	33767U107

Increased Positions (28)

APA APA CORPORATION 2.7%

Value $37.51M (+139.9%) Shares 883,722 (+38.3%) Est. Cost — Unrealized —

VLO VALERO ENERGY CORP 2.5%

Value $34.62M (+100.8%) Shares 140,135 (+32.3%) Est. Cost — Unrealized —

SEE SEALED AIR CORP NEW 1.6%

Value $21.84M (+144.4%) Shares 519,497 (+140.8%) Est. Cost — Unrealized —

KW KENNEDY-WILSON HOLDINGS INC 1.0%

Value $13.67M (+1379.2%) Shares 1,263,180 (+1222.0%) Est. Cost — Unrealized —

SU SUNCOR ENERGY INC NEW 1.5%

Value $20.28M (+119.5%) Shares 306,741 (+47.3%) Est. Cost — Unrealized —

SLB SLB LIMITED 1.0%

Value $14.08M (+361.4%) Shares 273,982 (+244.6%) Est. Cost — Unrealized —

RRC RANGE RES CORP 2.5%

Value $34.41M (+39.9%) Shares 761,523 (+9.2%) Est. Cost — Unrealized —

LBRDK LIBERTY BROADBAND CORP 1.8%

Value $25.33M (+61.4%) Shares 503,660 (+55.9%) Est. Cost — Unrealized —

PBF PBF ENERGY INC 0.8%

Value $10.51M (+251.4%) Shares 220,773 (+100.1%) Est. Cost — Unrealized —

NE NOBLE CORP PLC 0.8%

Value $11.44M (+121.6%) Shares 233,166 (+27.5%) Est. Cost — Unrealized —

HOLX HOLOGIC INC 1.3%

Value $18.52M (+46.3%) Shares 244,974 (+44.2%) Est. Cost — Unrealized —

CSGS CSG SYS INTL INC 1.9%

Value $25.94M (+24.9%) Shares 324,506 (+19.8%) Est. Cost — Unrealized —

PBR PETROLEO BRASILEIRO S A 0.7%

Value $10.2M (+98.4%) Shares 491,522 (+13.3%) Est. Cost — Unrealized —

SOLS SOLSTICE ADVANCED MATLS INC 0.7%

Value $9.473M (+92.7%) Shares 124,378 (+22.9%) Est. Cost — Unrealized —

UNP UNION PAC CORP 0.7%

Value $9.354M (+47.7%) Shares 38,554 (+40.8%) Est. Cost — Unrealized —

GDEN GOLDEN ENTMT INC 0.4%

Value $5.964M (+95.3%) Shares 223,470 (+98.9%) Est. Cost — Unrealized —

SAIA SAIA INC 0.8%

Value $10.67M (+36.9%) Shares 30,384 (+27.3%) Est. Cost — Unrealized —

ALB ALBEMARLE CORP 0.2%

Value $3.045M (+248.1%) Shares 16,960 (+174.2%) Est. Cost — Unrealized —

FDX FEDEX CORP 0.5%

Value $6.742M (+27.3%) Shares 18,928 (+3.3%) Est. Cost — Unrealized —

EXE EXPAND ENERGY CORPORATION 5.9%

Value $82.11M (+1.5%) Shares 747,987 (+2.0%) Est. Cost — Unrealized —

CNP CENTERPOINT ENERGY INC 0.4%

Value $4.958M (+32.2%) Shares 114,869 (+17.4%) Est. Cost — Unrealized —

ETN EATON CORP PLC 0.4%

Value $5.199M (+27.8%) Shares 14,536 (+13.8%) Est. Cost — Unrealized —

CWAN CLEARWATER ANALYTICS HLDGS INC 0.3%

Value $4.659M (+26.8%) Shares 196,978 (+29.4%) Est. Cost — Unrealized —

IMXI INTERNATIONAL MONEY EXPRESS 0.3%

Value $3.654M (+17.7%) Shares 231,244 (+14.4%) Est. Cost — Unrealized —

VST VISTRA CORP 0.4%

Value $4.937M (+11.7%) Shares 32,843 (+19.8%) Est. Cost — Unrealized —

LPX LOUISIANA PAC CORP 0.3%

Value $4.713M (+10.2%) Shares 64,790 (+22.4%) Est. Cost — Unrealized —

FLNC FLUENCE ENERGY INC 0.1%

Value $1.212M (-20.3%) Shares 88,059 (+14.5%) Est. Cost — Unrealized —

CEG CONSTELLATION ENERGY CORP 0.5%

Value $6.472M (+4.9%) Shares 23,175 (+32.7%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
APA	APA CORPORATION	883,722 (+38.3%)	$37.51M (+139.9%)	2.7%	—	—	COM	03743Q108
VLO	VALERO ENERGY CORP	140,135 (+32.3%)	$34.62M (+100.8%)	2.5%	—	—	COM	91913Y100
SEE	SEALED AIR CORP NEW	519,497 (+140.8%)	$21.84M (+144.4%)	1.6%	—	—	COM	81211K100
KW	KENNEDY-WILSON HOLDINGS INC	1,263,180 (+1222.0%)	$13.67M (+1379.2%)	1.0%	—	—	COM	489398107
SU	SUNCOR ENERGY INC NEW	306,741 (+47.3%)	$20.28M (+119.5%)	1.5%	—	—	COM	867224107
SLB	SLB LIMITED	273,982 (+244.6%)	$14.08M (+361.4%)	1.0%	—	—	COM STK	806857108
RRC	RANGE RES CORP	761,523 (+9.2%)	$34.41M (+39.9%)	2.5%	—	—	COM	75281A109
LBRDK	LIBERTY BROADBAND CORP	503,660 (+55.9%)	$25.33M (+61.4%)	1.8%	—	—	COM SER C	530307305
PBF	PBF ENERGY INC	220,773 (+100.1%)	$10.51M (+251.4%)	0.8%	—	—	CL A	69318G106
NE	NOBLE CORP PLC	233,166 (+27.5%)	$11.44M (+121.6%)	0.8%	—	—	ORD SHS A	G65431127
HOLX	HOLOGIC INC	244,974 (+44.2%)	$18.52M (+46.3%)	1.3%	—	—	COM	436440101
CSGS	CSG SYS INTL INC	324,506 (+19.8%)	$25.94M (+24.9%)	1.9%	—	—	COM	126349109
PBR	PETROLEO BRASILEIRO S A	491,522 (+13.3%)	$10.2M (+98.4%)	0.7%	—	—	SPONSORED ADR	71654V408
SOLS	SOLSTICE ADVANCED MATLS INC	124,378 (+22.9%)	$9.473M (+92.7%)	0.7%	—	—	COM SHS	83443Q103
UNP	UNION PAC CORP	38,554 (+40.8%)	$9.354M (+47.7%)	0.7%	—	—	COM	907818108
GDEN	GOLDEN ENTMT INC	223,470 (+98.9%)	$5.964M (+95.3%)	0.4%	—	—	COM	381013101
SAIA	SAIA INC	30,384 (+27.3%)	$10.67M (+36.9%)	0.8%	—	—	COM	78709Y105
ALB	ALBEMARLE CORP	16,960 (+174.2%)	$3.045M (+248.1%)	0.2%	—	—	COM	012653101
FDX	FEDEX CORP	18,928 (+3.3%)	$6.742M (+27.3%)	0.5%	—	—	COM	31428X106
EXE	EXPAND ENERGY CORPORATION	747,987 (+2.0%)	$82.11M (+1.5%)	5.9%	—	—	COM	165167735
CNP	CENTERPOINT ENERGY INC	114,869 (+17.4%)	$4.958M (+32.2%)	0.4%	—	—	COM	15189T107
ETN	EATON CORP PLC	14,536 (+13.8%)	$5.199M (+27.8%)	0.4%	—	—	SHS	G29183103
CWAN	CLEARWATER ANALYTICS HLDGS INC	196,978 (+29.4%)	$4.659M (+26.8%)	0.3%	—	—	CL A	185123106
IMXI	INTERNATIONAL MONEY EXPRESS	231,244 (+14.4%)	$3.654M (+17.7%)	0.3%	—	—	COM	46005L101
VST	VISTRA CORP	32,843 (+19.8%)	$4.937M (+11.7%)	0.4%	—	—	COM	92840M102
LPX	LOUISIANA PAC CORP	64,790 (+22.4%)	$4.713M (+10.2%)	0.3%	—	—	COM	546347105
FLNC	FLUENCE ENERGY INC	88,059 (+14.5%)	$1.212M (-20.3%)	0.1%	—	—	COM CL A	34379V103
CEG	CONSTELLATION ENERGY CORP	23,175 (+32.7%)	$6.472M (+4.9%)	0.5%	—	—	COM	21037T109

Exited Positions (26)

— CYBERARK SOFTWARE LTD 2.2%

Value $30.63M Shares 68,677 Est. Cost — Unrealized —

CFLT CONFLUENT INC CLASS A COM 1.8%

Value $25.12M Shares 830,833 Est. Cost — Unrealized —

CADE CADENCE BANK 1.8%

Value $24.77M Shares 578,203 Est. Cost — Unrealized —

— FRONTIER COMMUNICATIONS PARENT 1.6%

Value $22.41M Shares 588,722 Est. Cost — Unrealized —

NGD NEW GOLD INC CDA 1.5%

Value $21.15M Shares 2,428,541 Est. Cost — Unrealized —

EXAS EXACT SCIENCES CORP 1.3%

Value $17.46M Shares 171,936 Est. Cost — Unrealized —

— SYNOVUS FINL CORP COM NEW 0.9%

Value $12.9M Shares 257,708 Est. Cost — Unrealized —

— DAYFORCE INC 0.9%

Value $12.84M Shares 185,648 Est. Cost — Unrealized —

— CIDARA THERAPEUTICS INC COM NEW 0.9%

Value $12.61M Shares 57,075 Est. Cost — Unrealized —

TXNM TXNM ENERGY INC 0.7%

Value $10.08M Shares 171,136 Est. Cost — Unrealized —

CIVI CIVITAS RESOURCES INC COM NEW 0.5%

Value $6.634M Shares 244,873 Est. Cost — Unrealized —

— REV GROUP INC 0.4%

Value $6.072M Shares 99,858 Est. Cost — Unrealized —

RAL RALLIANT CORP 0.4%

Value $6.042M Shares 118,674 Est. Cost — Unrealized —

ATI ATI INC 0.4%

Value $5.905M Shares 51,455 Est. Cost — Unrealized —

TALO TALOS ENERGY INC 0.4%

Value $4.955M Shares 449,620 Est. Cost — Unrealized —

DK DELEK US HLDGS INC NEW 0.3%

Value $4.57M Shares 154,082 Est. Cost — Unrealized —

DVN DEVON ENERGY CORP NEW 0.3%

Value $4.563M Shares 124,567 Est. Cost — Unrealized —

SUNC SUNOCOCORP LLC COM SHS LLC 0.2%

Value $3.461M Shares 70,231 Est. Cost — Unrealized —

CMA COMERICA INC 0.2%

Value $2.299M Shares 26,449 Est. Cost — Unrealized —

— ASPEN INSURANCE HOLDINGS LTD ORD SHS CL A 0.1%

Value $1.714M Shares 46,195 Est. Cost — Unrealized —

PCH POTLATCHDELTIC CORPORATION 0.1%

Value $1.579M Shares 39,700 Est. Cost — Unrealized —

MOFG MIDWESTONE FINL GROUP INC NEW 0.1%

Value $885K Shares 22,992 Est. Cost — Unrealized —

AMWD AMERICAN WOODMARK CORPORATION 0.1%

Value $855K Shares 15,862 Est. Cost — Unrealized —

— AVADEL PHARMACEUTICALS PLC COM SHS 0.0%

Value $587K Shares 27,231 Est. Cost — Unrealized —

— ASTRIA THERAPEUTICS INC 0.0%

Value $518K Shares 39,576 Est. Cost — Unrealized —

ZEUS OLYMPIC STEEL INC 0.0%

Value $203K Shares 4,735 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CYBERARK SOFTWARE LTD	68,677	$30.63M	2.2%	—	—	—	M2682V108
CFLT	CONFLUENT INC CLASS A COM	830,833	$25.12M	1.8%	—	—	—	20717M103
CADE	CADENCE BANK	578,203	$24.77M	1.8%	—	—	—	12740C103
—	FRONTIER COMMUNICATIONS PARENT	588,722	$22.41M	1.6%	—	—	—	35909D109
NGD	NEW GOLD INC CDA	2,428,541	$21.15M	1.5%	—	—	—	644535106
EXAS	EXACT SCIENCES CORP	171,936	$17.46M	1.3%	—	—	—	30063P105
—	SYNOVUS FINL CORP COM NEW	257,708	$12.9M	0.9%	—	—	—	87161C501
—	DAYFORCE INC	185,648	$12.84M	0.9%	—	—	—	15677J108
—	CIDARA THERAPEUTICS INC COM NEW	57,075	$12.61M	0.9%	—	—	—	171757206
TXNM	TXNM ENERGY INC	171,136	$10.08M	0.7%	—	—	—	69349H107
CIVI	CIVITAS RESOURCES INC COM NEW	244,873	$6.634M	0.5%	—	—	—	17888H103
—	REV GROUP INC	99,858	$6.072M	0.4%	—	—	—	749527107
RAL	RALLIANT CORP	118,674	$6.042M	0.4%	—	—	—	750940108
ATI	ATI INC	51,455	$5.905M	0.4%	—	—	—	01741R102
TALO	TALOS ENERGY INC	449,620	$4.955M	0.4%	—	—	—	87484T108
DK	DELEK US HLDGS INC NEW	154,082	$4.57M	0.3%	—	—	—	24665A103
DVN	DEVON ENERGY CORP NEW	124,567	$4.563M	0.3%	—	—	—	25179M103
SUNC	SUNOCOCORP LLC COM SHS LLC	70,231	$3.461M	0.2%	—	—	—	86765Q106
CMA	COMERICA INC	26,449	$2.299M	0.2%	—	—	—	200340107
—	ASPEN INSURANCE HOLDINGS LTD ORD SHS CL A	46,195	$1.714M	0.1%	—	—	—	G05384501
PCH	POTLATCHDELTIC CORPORATION	39,700	$1.579M	0.1%	—	—	—	737630103
MOFG	MIDWESTONE FINL GROUP INC NEW	22,992	$885K	0.1%	—	—	—	598511103
AMWD	AMERICAN WOODMARK CORPORATION	15,862	$855K	0.1%	—	—	—	030506109
—	AVADEL PHARMACEUTICALS PLC COM SHS	27,231	$587K	0.0%	—	—	—	G29687103
—	ASTRIA THERAPEUTICS INC	39,576	$518K	0.0%	—	—	—	04635X102
ZEUS	OLYMPIC STEEL INC	4,735	$203K	0.0%	—	—	—	68162K106

Decreased Positions (46)

AL AIR LEASE CORP 0.4%

Value $5.89M (-82.3%) Shares 90,694 (-82.4%) Est. Cost — Unrealized —

PR PERMIAN RESOURCES CORP 5.8%

Value $81.08M (+31.6%) Shares 3,803,082 (-13.4%) Est. Cost — Unrealized —

OVV OVINTIV INC 2.2%

Value $31.09M (+43.2%) Shares 523,798 (-5.5%) Est. Cost — Unrealized —

WMB WILLIAMS COS INC 0.7%

Value $9.636M (-47.5%) Shares 132,405 (-56.6%) Est. Cost — Unrealized —

MTDR MATADOR RES CO 4.0%

Value $56.05M (+18.2%) Shares 887,071 (-20.6%) Est. Cost — Unrealized —

FTI TECHNIPFMC PLC 3.2%

Value $44.76M (+19.6%) Shares 647,545 (-22.9%) Est. Cost — Unrealized —

SDRL SEADRILL LTD 2.7%

Value $37.83M (+18.7%) Shares 831,355 (-9.8%) Est. Cost — Unrealized —

XOM EXXON MOBIL CORP 2.3%

Value $31.82M (-14.2%) Shares 187,545 (-39.2%) Est. Cost — Unrealized —

SM SM ENERGY COMPANY 1.1%

Value $15.32M (-24.4%) Shares 491,296 (-54.7%) Est. Cost — Unrealized —

CCJ CAMECO CORP 1.3%

Value $18.26M (-21.1%) Shares 168,126 (-33.5%) Est. Cost — Unrealized —

NSC NORFOLK SOUTHN CORP 0.3%

Value $3.707M (-54.4%) Shares 12,917 (-54.1%) Est. Cost — Unrealized —

GLNG GOLAR LNG LTD 0.9%

Value $12.62M (+38.9%) Shares 233,278 (-4.5%) Est. Cost — Unrealized —

SRE SEMPRA 0.7%

Value $9.633M (-26.0%) Shares 99,132 (-32.8%) Est. Cost — Unrealized —

EA ELECTRONIC ARTS INC 0.9%

Value $11.97M (-21.7%) Shares 58,713 (-21.5%) Est. Cost — Unrealized —

TLN TALEN ENERGY CORP 0.2%

Value $2.886M (-52.4%) Shares 9,039 (-44.2%) Est. Cost — Unrealized —

WBD WARNER BROS DISCOVERY INC 0.1%

Value $1.847M (-60.6%) Shares 67,250 (-58.6%) Est. Cost — Unrealized —

DAR DARLING INGREDIENTS INC 0.5%

Value $6.851M (-28.2%) Shares 110,760 (-58.2%) Est. Cost — Unrealized —

OKE ONEOK INC NEW 0.3%

Value $3.753M (-41.8%) Shares 41,525 (-52.7%) Est. Cost — Unrealized —

HP HELMERICH & PAYNE INC 0.4%

Value $5.661M (-31.4%) Shares 157,106 (-45.4%) Est. Cost — Unrealized —

WEC WEC ENERGY GROUP INC 0.4%

Value $6.058M (-21.7%) Shares 52,332 (-28.6%) Est. Cost — Unrealized —

CARR CARRIER GLOBAL CORPORATION 0.6%

Value $8.163M (-16.0%) Shares 144,963 (-21.2%) Est. Cost — Unrealized —

COP CONOCOPHILLIPS 3.1%

Value $42.95M (+3.5%) Shares 325,368 (-26.6%) Est. Cost — Unrealized —

SHW SHERWIN WILLIAMS CO 0.4%

Value $5.978M (-18.6%) Shares 18,649 (-17.8%) Est. Cost — Unrealized —

DTM DT MIDSTREAM INC 0.3%

Value $4.413M (-23.4%) Shares 32,767 (-31.9%) Est. Cost — Unrealized —

GTLS CHART INDS INC 0.9%

Value $12.05M (-9.2%) Shares 58,299 (-9.5%) Est. Cost — Unrealized —

WFRD WEATHERFORD INTL PLC 1.3%

Value $17.8M (-6.4%) Shares 188,193 (-22.5%) Est. Cost — Unrealized —

BG BUNGE GLOBAL SA 0.6%

Value $8.494M (+16.6%) Shares 66,773 (-18.4%) Est. Cost — Unrealized —

HE HAWAIIAN ELEC INDS INC MTN BE 0.2%

Value $3.054M (-27.3%) Shares 205,809 (-39.8%) Est. Cost — Unrealized —

SEI SOLARIS ENERGY INFRAS INC 1.2%

Value $17.11M (-6.1%) Shares 302,834 (-23.6%) Est. Cost — Unrealized —

XPRO EXPRO GROUP HOLDINGS NV 0.7%

Value $10.41M (+11.1%) Shares 598,099 (-14.8%) Est. Cost — Unrealized —

GEV GE VERNOVA INC 0.5%

Value $7.043M (-11.9%) Shares 8,069 (-34.0%) Est. Cost — Unrealized —

BP BP PLC 1.2%

Value $16.28M (-5.1%) Shares 346,278 (-29.8%) Est. Cost — Unrealized —

LNT ALLIANT ENERGY CORP 0.4%

Value $6.106M (-12.1%) Shares 85,091 (-20.4%) Est. Cost — Unrealized —

RRX REGAL REXNORD CORPORATION 0.2%

Value $3.001M (+30.2%) Shares 16,028 (-2.5%) Est. Cost — Unrealized —

RIVN RIVIAN AUTOMOTIVE INC 0.1%

Value $1.623M (-25.4%) Shares 107,826 (-2.3%) Est. Cost — Unrealized —

EVRG EVERGY INC 0.7%

Value $9.816M (-5.2%) Shares 119,819 (-16.1%) Est. Cost — Unrealized —

PPL PPL CORP 0.6%

Value $8.476M (+6.6%) Shares 221,880 (-2.3%) Est. Cost — Unrealized —

AEP AMERICAN ELEC PWR CO INC 0.5%

Value $6.818M (+7.9%) Shares 52,015 (-5.1%) Est. Cost — Unrealized —

OII OCEANEERING INTL INC 0.6%

Value $8.66M (-5.2%) Shares 244,160 (-35.8%) Est. Cost — Unrealized —

PNW PINNACLE WEST CAP CORP 0.3%

Value $4.206M (+10.9%) Shares 41,749 (-2.3%) Est. Cost — Unrealized —

SO SOUTHERN CO 0.2%

Value $2.151M (+8.1%) Shares 22,285 (-2.3%) Est. Cost — Unrealized —

OGE OGE ENERGY CORP 0.1%

Value $1.593M (+9.7%) Shares 33,212 (-2.3%) Est. Cost — Unrealized —

BELFA BEL FUSE INC 0.1%

Value $796K (-11.8%) Shares 4,416 (-25.7%) Est. Cost — Unrealized —

AUR AURORA INNOVATION INC 0.1%

Value $1.647M (+4.8%) Shares 399,665 (-2.3%) Est. Cost — Unrealized —

PCG PG&E CORP 0.4%

Value $6.219M (+1.2%) Shares 353,943 (-7.5%) Est. Cost — Unrealized —

AWK AMERICAN WTR WKS CO INC NEW 0.1%

Value $1.585M (+1.9%) Shares 11,648 (-2.3%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AL	AIR LEASE CORP	90,694 (-82.4%)	$5.89M (-82.3%)	0.4%	—	—	CL A	00912X302
PR	PERMIAN RESOURCES CORP	3,803,082 (-13.4%)	$81.08M (+31.6%)	5.8%	—	—	CLASS A COM	71424F105
OVV	OVINTIV INC	523,798 (-5.5%)	$31.09M (+43.2%)	2.2%	—	—	COM	69047Q102
WMB	WILLIAMS COS INC	132,405 (-56.6%)	$9.636M (-47.5%)	0.7%	—	—	COM	969457100
MTDR	MATADOR RES CO	887,071 (-20.6%)	$56.05M (+18.2%)	4.0%	—	—	COM	576485205
FTI	TECHNIPFMC PLC	647,545 (-22.9%)	$44.76M (+19.6%)	3.2%	—	—	COM	G87110105
SDRL	SEADRILL LTD	831,355 (-9.8%)	$37.83M (+18.7%)	2.7%	—	—	COM	G7997W102
XOM	EXXON MOBIL CORP	187,545 (-39.2%)	$31.82M (-14.2%)	2.3%	—	—	COM	30231G102
SM	SM ENERGY COMPANY	491,296 (-54.7%)	$15.32M (-24.4%)	1.1%	—	—	COM	78454L100
CCJ	CAMECO CORP	168,126 (-33.5%)	$18.26M (-21.1%)	1.3%	—	—	COM	13321L108
NSC	NORFOLK SOUTHN CORP	12,917 (-54.1%)	$3.707M (-54.4%)	0.3%	—	—	COM	655844108
GLNG	GOLAR LNG LTD	233,278 (-4.5%)	$12.62M (+38.9%)	0.9%	—	—	SHS	G9456A100
SRE	SEMPRA	99,132 (-32.8%)	$9.633M (-26.0%)	0.7%	—	—	COM	816851109
EA	ELECTRONIC ARTS INC	58,713 (-21.5%)	$11.97M (-21.7%)	0.9%	—	—	COM	285512109
TLN	TALEN ENERGY CORP	9,039 (-44.2%)	$2.886M (-52.4%)	0.2%	—	—	COM	87422Q109
WBD	WARNER BROS DISCOVERY INC	67,250 (-58.6%)	$1.847M (-60.6%)	0.1%	—	—	COM SER A	934423104
DAR	DARLING INGREDIENTS INC	110,760 (-58.2%)	$6.851M (-28.2%)	0.5%	—	—	COM	237266101
OKE	ONEOK INC NEW	41,525 (-52.7%)	$3.753M (-41.8%)	0.3%	—	—	COM	682680103
HP	HELMERICH & PAYNE INC	157,106 (-45.4%)	$5.661M (-31.4%)	0.4%	—	—	COM	423452101
WEC	WEC ENERGY GROUP INC	52,332 (-28.6%)	$6.058M (-21.7%)	0.4%	—	—	COM	92939U106
CARR	CARRIER GLOBAL CORPORATION	144,963 (-21.2%)	$8.163M (-16.0%)	0.6%	—	—	COM	14448C104
COP	CONOCOPHILLIPS	325,368 (-26.6%)	$42.95M (+3.5%)	3.1%	—	—	COM	20825C104
SHW	SHERWIN WILLIAMS CO	18,649 (-17.8%)	$5.978M (-18.6%)	0.4%	—	—	COM	824348106
DTM	DT MIDSTREAM INC	32,767 (-31.9%)	$4.413M (-23.4%)	0.3%	—	—	COMMON STOCK	23345M107
GTLS	CHART INDS INC	58,299 (-9.5%)	$12.05M (-9.2%)	0.9%	—	—	COM	16115Q308
WFRD	WEATHERFORD INTL PLC	188,193 (-22.5%)	$17.8M (-6.4%)	1.3%	—	—	ORD SHS	G48833118
BG	BUNGE GLOBAL SA	66,773 (-18.4%)	$8.494M (+16.6%)	0.6%	—	—	COM SHS	H11356104
HE	HAWAIIAN ELEC INDS INC MTN BE	205,809 (-39.8%)	$3.054M (-27.3%)	0.2%	—	—	COM	419870100
SEI	SOLARIS ENERGY INFRAS INC	302,834 (-23.6%)	$17.11M (-6.1%)	1.2%	—	—	COM CL A	83418M103
XPRO	EXPRO GROUP HOLDINGS NV	598,099 (-14.8%)	$10.41M (+11.1%)	0.7%	—	—	COM	N3144W105
GEV	GE VERNOVA INC	8,069 (-34.0%)	$7.043M (-11.9%)	0.5%	—	—	COM	36828A101
BP	BP PLC	346,278 (-29.8%)	$16.28M (-5.1%)	1.2%	—	—	SPONSORED ADR	055622104
LNT	ALLIANT ENERGY CORP	85,091 (-20.4%)	$6.106M (-12.1%)	0.4%	—	—	COM	018802108
RRX	REGAL REXNORD CORPORATION	16,028 (-2.5%)	$3.001M (+30.2%)	0.2%	—	—	COM	758750103
RIVN	RIVIAN AUTOMOTIVE INC	107,826 (-2.3%)	$1.623M (-25.4%)	0.1%	—	—	COM CL A	76954A103
EVRG	EVERGY INC	119,819 (-16.1%)	$9.816M (-5.2%)	0.7%	—	—	COM	30034W106
PPL	PPL CORP	221,880 (-2.3%)	$8.476M (+6.6%)	0.6%	—	—	COM	69351T106
AEP	AMERICAN ELEC PWR CO INC	52,015 (-5.1%)	$6.818M (+7.9%)	0.5%	—	—	COM	025537101
OII	OCEANEERING INTL INC	244,160 (-35.8%)	$8.66M (-5.2%)	0.6%	—	—	COM	675232102
PNW	PINNACLE WEST CAP CORP	41,749 (-2.3%)	$4.206M (+10.9%)	0.3%	—	—	COM	723484101
SO	SOUTHERN CO	22,285 (-2.3%)	$2.151M (+8.1%)	0.2%	—	—	COM	842587107
OGE	OGE ENERGY CORP	33,212 (-2.3%)	$1.593M (+9.7%)	0.1%	—	—	COM	670837103
BELFA	BEL FUSE INC	4,416 (-25.7%)	$796K (-11.8%)	0.1%	—	—	CL A	077347201
AUR	AURORA INNOVATION INC	399,665 (-2.3%)	$1.647M (+4.8%)	0.1%	—	—	CLASS A COM	051774107
PCG	PG&E CORP	353,943 (-7.5%)	$6.219M (+1.2%)	0.4%	—	—	COM	69331C108
AWK	AMERICAN WTR WKS CO INC NEW	11,648 (-2.3%)	$1.585M (+1.9%)	0.1%	—	—	COM	030420103

Unchanged Positions (2)

MLM MARTIN MARIETTA MATLS INC 0.8%

Value $11.56M Shares 19,642 Est. Cost — Unrealized —

ACDC PROFRAC HLDG CORP 0.1%

Value $1.882M Shares 303,510 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MLM	MARTIN MARIETTA MATLS INC	19,642	$11.56M	0.8%	—	—	COM	573284106
ACDC	PROFRAC HLDG CORP	303,510	$1.882M	0.1%	—	—	CLASS A COM	74319N100