CRAWFORD INVESTMENT COUNSEL INC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DHR	DANAHER CORPORATION	165,821	$37,960	0.6%	$219.54	0.0%	COM	235851102
GEN	GEN DIGITAL INC	315,080	$8,567	0.1%	$26.85	0.0%	COM	668771108
ISRG	INTUITIVE SURGICAL INC	8,682	$4,917	0.1%	$532.37	0.0%	COM NEW	46120E602
LB	LANDBRIDGE COMPANY LLC	88,347	$4,328	0.1%	$58.15	0.0%	CL A	514952100
SOLS	SOLSTICE ADVANCED MATLS INC	8,965	$436	0.0%	$47.08	0.0%	COM SHS	83443Q103
KKR	KKR & CO INC	2,942	$375	0.0%	$124.29	0.0%	COM	48251W104
MCK	MCKESSON CORP	293	$240	0.0%	$815.57	0.0%	COM	58155Q103
BA	BOEING CO	1,037	$225	0.0%	$205.66	0.0%	COM	097023105
NVS	NOVARTIS AG	1,466	$202	0.0%	$137.87	—	SPONSORED ADR	66987V109

Increased Positions (115)

DOV DOVER CORP 0.9%

Value ($000) $51,536 (+24613.1%) Shares 263,963 (+21017.0%) Est. Cost $181.74 Unrealized +0.1%

ACN ACCENTURE PLC IRELAND 2.2%

Value ($000) $132,899 (+40.0%) Shares 495,336 (+28.7%) Est. Cost $199.87 Unrealized +27.1%

PNC PNC FINL SVCS GROUP INC 2.1%

Value ($000) $125,901 (+24.4%) Shares 603,176 (+19.7%) Est. Cost $181.53 Unrealized +6.2%

UPS UNITED PARCEL SERVICE INC 1.7%

Value ($000) $100,054 (+21.5%) Shares 1,008,714 (+2.3%) Est. Cost $89.39 Unrealized +3.8%

OMC OMNICOM GROUP INC 1.7%

Value ($000) $101,163 (+14.1%) Shares 1,252,790 (+15.2%) Est. Cost $55.50 Unrealized +36.5%

ATR APTARGROUP INC 0.7%

Value ($000) $44,433 (+36.0%) Shares 364,322 (+49.0%) Est. Cost $129.13 Unrealized -4.8%

FHB FIRST HAWAIIAN INC 0.3%

Value ($000) $16,826 (+134.2%) Shares 665,047 (+129.9%) Est. Cost $23.99 Unrealized +2.1%

SAP SAP SE 1.5%

Value ($000) $89,119 (-8.1%) Shares 366,882 (+1.1%) Est. Cost $121.04 Unrealized —

SPGI S&P GLOBAL INC 1.5%

Value ($000) $87,581 (+8.5%) Shares 167,591 (+1.1%) Est. Cost $161.61 Unrealized +205.8%

CLX CLOROX CO DEL 0.3%

Value ($000) $16,479 (+66.4%) Shares 163,433 (+103.5%) Est. Cost $116.05 Unrealized -6.7%

MNRO MONRO INC 0.1%

Value ($000) $7,331 (+762.5%) Shares 365,813 (+673.4%) Est. Cost $21.51 Unrealized -14.4%

BKH BLACK HILLS CORP 0.6%

Value ($000) $33,986 (+23.3%) Shares 489,565 (+9.4%) Est. Cost $57.72 Unrealized +15.1%

CRM SALESFORCE INC 0.3%

Value ($000) $21,006 (+41.0%) Shares 79,296 (+26.2%) Est. Cost $253.48 Unrealized -2.1%

AAPL APPLE INC 1.1%

Value ($000) $68,907 (+9.0%) Shares 253,465 (+2.1%) Est. Cost $99.85 Unrealized +168.7%

DG DOLLAR GEN CORP NEW 0.4%

Value ($000) $24,179 (+30.6%) Shares 182,109 (+1.6%) Est. Cost $103.83 Unrealized +7.4%

CNQ CANADIAN NAT RES LTD 1.3%

Value ($000) $80,449 (+7.6%) Shares 2,376,635 (+1.6%) Est. Cost $32.82 Unrealized -1.2%

PG PROCTER AND GAMBLE CO 1.4%

Value ($000) $84,456 (-5.4%) Shares 589,323 (+1.4%) Est. Cost $85.09 Unrealized +72.9%

TPL TEXAS PACIFIC LAND CORPORATI 0.1%

Value ($000) $6,403 (+211.1%) Shares 22,294 (+911.5%) Est. Cost $294.32 Unrealized +3.6%

MRSH MARSH & MCLENNAN COS INC 0.9%

Value ($000) $55,225 (-6.9%) Shares 297,678 (+1.1%) Est. Cost $110.12 Unrealized +69.3%

MCRI MONARCH CASINO & RESORT INC 0.1%

Value ($000) $5,181 (+350.0%) Shares 54,140 (+397.7%) Est. Cost $90.82 Unrealized +5.9%

META META PLATFORMS INC 0.4%

Value ($000) $23,201 (+17.5%) Shares 35,148 (+30.7%) Est. Cost $631.01 Unrealized +5.8%

LLY ELI LILLY & CO 0.2%

Value ($000) $10,373 (+47.0%) Shares 9,653 (+4.3%) Est. Cost $269.19 Unrealized +255.0%

RAL RALLIANT CORP 0.1%

Value ($000) $4,036 (+410.4%) Shares 79,270 (+338.4%) Est. Cost $46.32 Unrealized +1.2%

MDLZ MONDELEZ INTL INC 0.8%

Value ($000) $49,695 (+5.6%) Shares 923,192 (+22.5%) Est. Cost $51.30 Unrealized +11.2%

MSM MSC INDL DIRECT INC 0.5%

Value ($000) $32,093 (-7.4%) Shares 381,610 (+1.5%) Est. Cost $83.02 Unrealized +4.4%

PLD PROLOGIS INC. 0.3%

Value ($000) $18,634 (+15.5%) Shares 145,967 (+3.6%) Est. Cost $108.83 Unrealized +13.8%

BTI BRITISH AMERN TOB PLC 0.4%

Value ($000) $21,147 (+12.7%) Shares 373,483 (+5.6%) Est. Cost $53.27 Unrealized —

EXPD EXPEDITORS INTL WASH INC 0.2%

Value ($000) $12,559 (+23.0%) Shares 84,282 (+1.2%) Est. Cost $33.30 Unrealized +307.3%

ARES ARES MANAGEMENT CORPORATION 0.2%

Value ($000) $11,477 (+25.4%) Shares 71,008 (+24.0%) Est. Cost $155.21 Unrealized -0.2%

WD WALKER & DUNLOP INC 0.1%

Value ($000) $6,144 (-26.5%) Shares 102,145 (+2.1%) Est. Cost $84.72 Unrealized -16.8%

CUBE CUBESMART 0.3%

Value ($000) $18,662 (-10.4%) Shares 517,658 (+1.0%) Est. Cost $42.04 Unrealized —

CSX CSX CORP 0.9%

Value ($000) $55,711 (+3.3%) Shares 1,536,865 (+1.2%) Est. Cost $33.15 Unrealized +7.7%

WHD CACTUS INC 0.1%

Value ($000) $6,904 (+31.0%) Shares 151,136 (+13.2%) Est. Cost $44.79 Unrealized -6.7%

GOOG ALPHABET INC 0.1%

Value ($000) $4,676 (+51.9%) Shares 14,900 (+17.9%) Est. Cost $188.97 Unrealized +51.5%

WMT WALMART INC 0.2%

Value ($000) $14,201 (+10.9%) Shares 127,497 (+2.6%) Est. Cost $52.84 Unrealized +102.9%

KNTK KINETIK HOLDINGS INC 0.2%

Value ($000) $14,541 (+10.0%) Shares 403,348 (+30.5%) Est. Cost $48.93 Unrealized -26.2%

LAMR LAMAR ADVERTISING CO NEW 0.4%

Value ($000) $26,486 (+5.2%) Shares 209,241 (+1.8%) Est. Cost $114.30 Unrealized —

HLNE HAMILTON LANE INC 0.1%

Value ($000) $7,535 (+20.2%) Shares 56,099 (+20.6%) Est. Cost $93.99 Unrealized +33.8%

ICE INTERCONTINENTAL EXCHANGE IN 0.9%

Value ($000) $53,477 (-2.1%) Shares 330,185 (+1.8%) Est. Cost $131.27 Unrealized +19.0%

AMZN AMAZON COM INC 0.1%

Value ($000) $4,567 (+29.4%) Shares 19,786 (+23.1%) Est. Cost $170.79 Unrealized +34.0%

IRT INDEPENDENCE RLTY TR INC 0.2%

Value ($000) $10,191 (+10.2%) Shares 583,015 (+3.4%) Est. Cost $17.60 Unrealized —

WBS WEBSTER FINL CORP 0.1%

Value ($000) $6,821 (+16.1%) Shares 108,372 (+9.6%) Est. Cost $56.99 Unrealized +4.2%

CGNX COGNEX CORP 0.1%

Value ($000) $4,893 (-15.5%) Shares 135,991 (+6.4%) Est. Cost $34.28 Unrealized +17.9%

OKE ONEOK INC NEW 0.4%

Value ($000) $21,472 (+3.7%) Shares 292,135 (+2.9%) Est. Cost $48.28 Unrealized +45.9%

APAM ARTISAN PARTNERS ASSET MGMT 0.4%

Value ($000) $21,094 (-3.5%) Shares 517,768 (+2.8%) Est. Cost $32.14 Unrealized +26.7%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $3,774 (+25.1%) Shares 5 (+25.0%) Est. Cost $310996.47 Unrealized +140.0%

SHOP SHOPIFY INC 0.0%

Value ($000) $981 (+312.8%) Shares 6,100 (+281.3%) Est. Cost $154.01 Unrealized +4.3%

CAT CATERPILLAR INC 0.1%

Value ($000) $3,619 (+23.9%) Shares 6,318 (+3.2%) Est. Cost $257.24 Unrealized +115.9%

D DOMINION ENERGY INC 0.4%

Value ($000) $25,689 (-2.6%) Shares 438,451 (+1.7%) Est. Cost $51.48 Unrealized +16.1%

MWA MUELLER WTR PRODS INC 0.2%

Value ($000) $10,731 (-5.6%) Shares 450,492 (+1.1%) Est. Cost $10.57 Unrealized +133.5%

BANF BANCFIRST CORP 0.1%

Value ($000) $5,803 (-8.8%) Shares 54,735 (+8.7%) Est. Cost $56.40 Unrealized +99.7%

SUI SUN CMNTYS INC 0.0%

Value ($000) $939 (+148.0%) Shares 7,574 (+158.1%) Est. Cost $101.17 Unrealized —

CSCO CISCO SYS INC 0.0%

Value ($000) $2,516 (+26.3%) Shares 32,665 (+12.2%) Est. Cost $34.33 Unrealized +115.0%

LMAT LEMAITRE VASCULAR INC 0.1%

Value ($000) $8,907 (-5.5%) Shares 109,832 (+2.0%) Est. Cost $48.05 Unrealized +78.9%

— WELLS FARGO CO NEW 0.2%

Value ($000) $10,227 (+4.8%) Shares 8,431 (+6.8%) Est. Cost $1330.05 Unrealized —

WMB WILLIAMS COS INC 0.2%

Value ($000) $12,703 (-3.5%) Shares 211,325 (+1.7%) Est. Cost $18.32 Unrealized +227.9%

NSSC NAPCO SEC TECHNOLOGIES INC 0.1%

Value ($000) $4,907 (+10.1%) Shares 117,680 (+13.4%) Est. Cost $35.37 Unrealized +18.7%

LPLA LPL FINL HLDGS INC 0.0%

Value ($000) $1,740 (+34.5%) Shares 4,870 (+25.3%) Est. Cost $265.59 Unrealized +33.2%

NVDA NVIDIA CORPORATION 0.1%

Value ($000) $4,692 (+9.9%) Shares 25,156 (+9.9%) Est. Cost $105.35 Unrealized +76.7%

CHDN CHURCHILL DOWNS INC 0.0%

Value ($000) $1,563 (+33.9%) Shares 13,738 (+14.2%) Est. Cost $100.67 Unrealized +2.8%

POWI POWER INTEGRATIONS INC 0.1%

Value ($000) $7,847 (-4.3%) Shares 220,803 (+8.3%) Est. Cost $53.29 Unrealized -29.2%

WSFS WSFS FINL CORP 0.1%

Value ($000) $6,270 (+5.2%) Shares 113,506 (+2.7%) Est. Cost $50.59 Unrealized +8.2%

LFUS LITTELFUSE INC 0.4%

Value ($000) $21,894 (-1.3%) Shares 86,564 (+1.1%) Est. Cost $233.20 Unrealized +9.2%

TFC TRUIST FINL CORP 0.0%

Value ($000) $630 (+79.4%) Shares 12,804 (+66.7%) Est. Cost $41.12 Unrealized +11.4%

PAYX PAYCHEX INC 0.1%

Value ($000) $5,399 (-4.9%) Shares 48,124 (+7.5%) Est. Cost $45.89 Unrealized +154.0%

ASO ACADEMY SPORTS & OUTDOORS IN 0.4%

Value ($000) $22,934 (+1.1%) Shares 459,046 (+1.3%) Est. Cost $47.86 Unrealized +3.4%

III INFORMATION SVCS GROUP INC 0.1%

Value ($000) $5,226 (+5.0%) Shares 904,143 (+4.4%) Est. Cost $4.36 Unrealized +28.1%

FELE FRANKLIN ELEC INC 0.1%

Value ($000) $8,580 (+3.0%) Shares 89,819 (+2.6%) Est. Cost $55.63 Unrealized +70.9%

KMB KIMBERLY-CLARK CORP 0.0%

Value ($000) $1,126 (-17.9%) Shares 11,162 (+1.1%) Est. Cost $97.91 Unrealized +10.7%

AMAT APPLIED MATLS INC 0.0%

Value ($000) $659 (+57.1%) Shares 2,563 (+25.1%) Est. Cost $129.21 Unrealized +85.4%

SSB SOUTHSTATE BK CORP 0.1%

Value ($000) $8,763 (-2.6%) Shares 93,115 (+2.3%) Est. Cost $96.60 Unrealized -4.9%

BKNG BOOKING HOLDINGS INC 0.2%

Value ($000) $14,749 (+1.6%) Shares 2,754 (+2.4%) Est. Cost $4817.11 Unrealized +6.7%

JJSF J & J SNACK FOODS CORP 0.1%

Value ($000) $4,330 (+5.5%) Shares 47,919 (+12.2%) Est. Cost $130.87 Unrealized -31.2%

HNI HNI CORP 0.1%

Value ($000) $7,869 (-2.8%) Shares 187,172 (+8.4%) Est. Cost $39.49 Unrealized +7.0%

SSNC SS&C TECHNOLOGIES HLDGS INC 0.3%

Value ($000) $19,961 (+0.9%) Shares 228,333 (+2.4%) Est. Cost $73.78 Unrealized +15.6%

SYBT STOCK YDS BANCORP INC 0.1%

Value ($000) $6,767 (+2.4%) Shares 104,194 (+10.4%) Est. Cost $54.85 Unrealized +22.5%

ATEN A10 NETWORKS INC 0.1%

Value ($000) $5,360 (+3.0%) Shares 302,992 (+5.6%) Est. Cost $17.92 Unrealized -1.6%

FCFS FIRSTCASH HOLDINGS INC 0.1%

Value ($000) $5,580 (+2.8%) Shares 35,010 (+2.2%) Est. Cost $127.93 Unrealized +22.7%

CWT CALIFORNIA WTR SVC GROUP 0.1%

Value ($000) $3,986 (-3.5%) Shares 91,989 (+2.2%) Est. Cost $46.64 Unrealized -3.2%

RVTY REVVITY INC 0.0%

Value ($000) $937 (+17.0%) Shares 9,680 (+6.0%) Est. Cost $104.43 Unrealized -8.1%

INTC INTEL CORP 0.0%

Value ($000) $649 (+24.5%) Shares 17,571 (+13.1%) Est. Cost $32.71 Unrealized +15.4%

FCPT FOUR CORNERS PPTY TR INC 0.1%

Value ($000) $6,123 (-1.8%) Shares 265,504 (+3.9%) Est. Cost $27.08 Unrealized —

WPC WP CAREY INC 0.1%

Value ($000) $7,884 (-1.3%) Shares 122,502 (+3.6%) Est. Cost $67.65 Unrealized —

GL GLOBE LIFE INC 0.0%

Value ($000) $312 (+42.6%) Shares 2,230 (+45.8%) Est. Cost $135.31 Unrealized +0.1%

MCD MCDONALDS CORP 0.1%

Value ($000) $5,291 (+1.8%) Shares 17,313 (+1.2%) Est. Cost $115.35 Unrealized +164.5%

COST COSTCO WHSL CORP NEW 0.0%

Value ($000) $2,884 (+3.3%) Shares 3,344 (+10.8%) Est. Cost $311.46 Unrealized +190.8%

NFLX NETFLIX INC 0.0%

Value ($000) $268 (-24.9%) Shares 2,861 (+860.1%) Est. Cost $109.29 Unrealized -1.4%

WDFC WD 40 CO 0.1%

Value ($000) $3,632 (+2.4%) Shares 18,446 (+2.8%) Est. Cost $186.58 Unrealized +5.0%

XYL XYLEM INC 0.0%

Value ($000) $1,217 (-6.6%) Shares 8,934 (+1.2%) Est. Cost $124.69 Unrealized +15.1%

BAC BANK AMERICA CORP 0.0%

Value ($000) $786 (+11.6%) Shares 14,293 (+4.6%) Est. Cost $33.29 Unrealized +58.2%

BMY BRISTOL-MYERS SQUIBB CO 0.0%

Value ($000) $458 (+21.3%) Shares 8,482 (+1.4%) Est. Cost $43.42 Unrealized +9.5%

AFL AFLAC INC 0.0%

Value ($000) $2,463 (+3.3%) Shares 22,337 (+4.6%) Est. Cost $48.49 Unrealized +126.5%

MS MORGAN STANLEY 0.0%

Value ($000) $539 (+17.0%) Shares 3,038 (+4.8%) Est. Cost $64.27 Unrealized +159.0%

MA MASTERCARD INCORPORATED 0.0%

Value ($000) $1,332 (+6.0%) Shares 2,334 (+5.6%) Est. Cost $356.60 Unrealized +56.7%

PIPR PIPER SANDLER COMPANIES 0.1%

Value ($000) $4,824 (+1.5%) Shares 14,200 (+3.6%) Est. Cost $277.03 Unrealized +21.9%

BN BROOKFIELD CORP 0.0%

Value ($000) $272 (-20.0%) Shares 5,917 (+19.6%) Est. Cost $44.42 Unrealized +2.5%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.0%

Value ($000) $267 (+31.5%) Shares 880 (+20.9%) Est. Cost $239.77 Unrealized —

AOS SMITH A O CORP 0.0%

Value ($000) $1,242 (-4.8%) Shares 18,577 (+4.5%) Est. Cost $46.88 Unrealized +43.9%

TSCO TRACTOR SUPPLY CO 0.0%

Value ($000) $387 (+18.7%) Shares 7,745 (+34.9%) Est. Cost $51.13 Unrealized +5.0%

MMM 3M CO 0.0%

Value ($000) $512 (+12.7%) Shares 3,195 (+9.2%) Est. Cost $124.83 Unrealized +30.7%

BDC BELDEN INC 0.2%

Value ($000) $10,545 (-0.5%) Shares 90,475 (+2.7%) Est. Cost $86.79 Unrealized +34.4%

CBSH COMMERCE BANCSHARES INC 0.0%

Value ($000) $531 (-8.0%) Shares 10,151 (+5.0%) Est. Cost $33.42 Unrealized +56.0%

USB US BANCORP DEL 0.0%

Value ($000) $337 (+15.3%) Shares 6,310 (+4.4%) Est. Cost $41.42 Unrealized +17.7%

CEG CONSTELLATION ENERGY CORP 0.0%

Value ($000) $381 (+12.5%) Shares 1,080 (+4.8%) Est. Cost $214.32 Unrealized +69.5%

ROK ROCKWELL AUTOMATION INC 0.0%

Value ($000) $252 (+15.0%) Shares 648 (+3.3%) Est. Cost $285.19 Unrealized +31.6%

WRB BERKLEY W R CORP 0.0%

Value ($000) $465 (-6.5%) Shares 6,638 (+2.1%) Est. Cost $59.99 Unrealized +21.3%

LMT LOCKHEED MARTIN CORP 0.0%

Value ($000) $1,538 (+1.7%) Shares 3,180 (+5.0%) Est. Cost $428.84 Unrealized +11.0%

TMUS T-MOBILE US INC 0.0%

Value ($000) $261 (-8.1%) Shares 1,286 (+8.4%) Est. Cost $238.06 Unrealized -11.2%

IPAR INTERPARFUMS INC 0.1%

Value ($000) $4,916 (-0.5%) Shares 57,956 (+15.4%) Est. Cost $97.84 Unrealized -10.0%

GIS GENERAL MLS INC 0.0%

Value ($000) $301 (-6.7%) Shares 6,472 (+1.2%) Est. Cost $46.61 Unrealized +1.8%

ITW ILLINOIS TOOL WKS INC 0.0%

Value ($000) $553 (-3.7%) Shares 2,246 (+2.0%) Est. Cost $166.85 Unrealized +48.4%

ZBH ZIMMER BIOMET HOLDINGS INC 0.0%

Value ($000) $1,270 (+1.3%) Shares 14,127 (+10.9%) Est. Cost $109.00 Unrealized -13.2%

BX BLACKSTONE INC 0.0%

Value ($000) $451 (-3.2%) Shares 2,925 (+7.3%) Est. Cost $136.23 Unrealized +11.2%

FIS FIDELITY NATL INFORMATION SV 0.0%

Value ($000) $236 (+2.3%) Shares 3,551 (+1.5%) Est. Cost $95.08 Unrealized -31.0%

INTU INTUIT 0.0%

Value ($000) $261 (+1.4%) Shares 394 (+4.5%) Est. Cost $675.83 Unrealized -2.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DOV	DOVER CORP	263,963 (+21017.0%)	$51,536 (+24613.1%)	0.9%	$181.74	+0.1%	COM	260003108
ACN	ACCENTURE PLC IRELAND	495,336 (+28.7%)	$132,899 (+40.0%)	2.2%	$199.87	+27.1%	SHS CLASS A	G1151C101
PNC	PNC FINL SVCS GROUP INC	603,176 (+19.7%)	$125,901 (+24.4%)	2.1%	$181.53	+6.2%	COM	693475105
UPS	UNITED PARCEL SERVICE INC	1,008,714 (+2.3%)	$100,054 (+21.5%)	1.7%	$89.39	+3.8%	CL B	911312106
OMC	OMNICOM GROUP INC	1,252,790 (+15.2%)	$101,163 (+14.1%)	1.7%	$55.50	+36.5%	COM	681919106
ATR	APTARGROUP INC	364,322 (+49.0%)	$44,433 (+36.0%)	0.7%	$129.13	-4.8%	COM	038336103
FHB	FIRST HAWAIIAN INC	665,047 (+129.9%)	$16,826 (+134.2%)	0.3%	$23.99	+2.1%	COM	32051X108
SAP	SAP SE	366,882 (+1.1%)	$89,119 (-8.1%)	1.5%	$121.04	—	SPON ADR	803054204
SPGI	S&P GLOBAL INC	167,591 (+1.1%)	$87,581 (+8.5%)	1.5%	$161.61	+205.8%	COM	78409V104
CLX	CLOROX CO DEL	163,433 (+103.5%)	$16,479 (+66.4%)	0.3%	$116.05	-6.7%	COM	189054109
MNRO	MONRO INC	365,813 (+673.4%)	$7,331 (+762.5%)	0.1%	$21.51	-14.4%	COM	610236101
BKH	BLACK HILLS CORP	489,565 (+9.4%)	$33,986 (+23.3%)	0.6%	$57.72	+15.1%	COM	092113109
CRM	SALESFORCE INC	79,296 (+26.2%)	$21,006 (+41.0%)	0.3%	$253.48	-2.1%	COM	79466L302
AAPL	APPLE INC	253,465 (+2.1%)	$68,907 (+9.0%)	1.1%	$99.85	+168.7%	COM	037833100
DG	DOLLAR GEN CORP NEW	182,109 (+1.6%)	$24,179 (+30.6%)	0.4%	$103.83	+7.4%	COM	256677105
CNQ	CANADIAN NAT RES LTD	2,376,635 (+1.6%)	$80,449 (+7.6%)	1.3%	$32.82	-1.2%	COM	136385101
PG	PROCTER AND GAMBLE CO	589,323 (+1.4%)	$84,456 (-5.4%)	1.4%	$85.09	+72.9%	COM	742718109
TPL	TEXAS PACIFIC LAND CORPORATI	22,294 (+911.5%)	$6,403 (+211.1%)	0.1%	$294.32	+3.6%	COM	88262P102
MRSH	MARSH & MCLENNAN COS INC	297,678 (+1.1%)	$55,225 (-6.9%)	0.9%	$110.12	+69.3%	COM	571748102
MCRI	MONARCH CASINO & RESORT INC	54,140 (+397.7%)	$5,181 (+350.0%)	0.1%	$90.82	+5.9%	COM	609027107
META	META PLATFORMS INC	35,148 (+30.7%)	$23,201 (+17.5%)	0.4%	$631.01	+5.8%	CL A	30303M102
LLY	ELI LILLY & CO	9,653 (+4.3%)	$10,373 (+47.0%)	0.2%	$269.19	+255.0%	COM	532457108
RAL	RALLIANT CORP	79,270 (+338.4%)	$4,036 (+410.4%)	0.1%	$46.32	+1.2%	COM	750940108
MDLZ	MONDELEZ INTL INC	923,192 (+22.5%)	$49,695 (+5.6%)	0.8%	$51.30	+11.2%	CL A	609207105
MSM	MSC INDL DIRECT INC	381,610 (+1.5%)	$32,093 (-7.4%)	0.5%	$83.02	+4.4%	CL A	553530106
PLD	PROLOGIS INC.	145,967 (+3.6%)	$18,634 (+15.5%)	0.3%	$108.83	+13.8%	COM	74340W103
BTI	BRITISH AMERN TOB PLC	373,483 (+5.6%)	$21,147 (+12.7%)	0.4%	$53.27	—	SPONSORED ADR	110448107
EXPD	EXPEDITORS INTL WASH INC	84,282 (+1.2%)	$12,559 (+23.0%)	0.2%	$33.30	+307.3%	COM	302130109
ARES	ARES MANAGEMENT CORPORATION	71,008 (+24.0%)	$11,477 (+25.4%)	0.2%	$155.21	-0.2%	CL A COM STK	03990B101
WD	WALKER & DUNLOP INC	102,145 (+2.1%)	$6,144 (-26.5%)	0.1%	$84.72	-16.8%	COM	93148P102
CUBE	CUBESMART	517,658 (+1.0%)	$18,662 (-10.4%)	0.3%	$42.04	—	COM	229663109
CSX	CSX CORP	1,536,865 (+1.2%)	$55,711 (+3.3%)	0.9%	$33.15	+7.7%	COM	126408103
WHD	CACTUS INC	151,136 (+13.2%)	$6,904 (+31.0%)	0.1%	$44.79	-6.7%	CL A	127203107
GOOG	ALPHABET INC	14,900 (+17.9%)	$4,676 (+51.9%)	0.1%	$188.97	+51.5%	CAP STK CL C	02079K107
WMT	WALMART INC	127,497 (+2.6%)	$14,201 (+10.9%)	0.2%	$52.84	+102.9%	COM	931142103
KNTK	KINETIK HOLDINGS INC	403,348 (+30.5%)	$14,541 (+10.0%)	0.2%	$48.93	-26.2%	COM NEW CL A	02215L209
LAMR	LAMAR ADVERTISING CO NEW	209,241 (+1.8%)	$26,486 (+5.2%)	0.4%	$114.30	—	CL A	512816109
HLNE	HAMILTON LANE INC	56,099 (+20.6%)	$7,535 (+20.2%)	0.1%	$93.99	+33.8%	CL A	407497106
ICE	INTERCONTINENTAL EXCHANGE IN	330,185 (+1.8%)	$53,477 (-2.1%)	0.9%	$131.27	+19.0%	COM	45866F104
AMZN	AMAZON COM INC	19,786 (+23.1%)	$4,567 (+29.4%)	0.1%	$170.79	+34.0%	COM	023135106
IRT	INDEPENDENCE RLTY TR INC	583,015 (+3.4%)	$10,191 (+10.2%)	0.2%	$17.60	—	COM	45378A106
WBS	WEBSTER FINL CORP	108,372 (+9.6%)	$6,821 (+16.1%)	0.1%	$56.99	+4.2%	COM	947890109
CGNX	COGNEX CORP	135,991 (+6.4%)	$4,893 (-15.5%)	0.1%	$34.28	+17.9%	COM	192422103
OKE	ONEOK INC NEW	292,135 (+2.9%)	$21,472 (+3.7%)	0.4%	$48.28	+45.9%	COM	682680103
APAM	ARTISAN PARTNERS ASSET MGMT	517,768 (+2.8%)	$21,094 (-3.5%)	0.4%	$32.14	+26.7%	CL A	04316A108
BRK/A	BERKSHIRE HATHAWAY INC DEL	5 (+25.0%)	$3,774 (+25.1%)	0.1%	$310996.47	+140.0%	CL A	084670108
SHOP	SHOPIFY INC	6,100 (+281.3%)	$981 (+312.8%)	0.0%	$154.01	+4.3%	CL A SUB VTG SHS	82509L107
CAT	CATERPILLAR INC	6,318 (+3.2%)	$3,619 (+23.9%)	0.1%	$257.24	+115.9%	COM	149123101
D	DOMINION ENERGY INC	438,451 (+1.7%)	$25,689 (-2.6%)	0.4%	$51.48	+16.1%	COM	25746U109
MWA	MUELLER WTR PRODS INC	450,492 (+1.1%)	$10,731 (-5.6%)	0.2%	$10.57	+133.5%	COM SER A	624758108
BANF	BANCFIRST CORP	54,735 (+8.7%)	$5,803 (-8.8%)	0.1%	$56.40	+99.7%	COM	05945F103
SUI	SUN CMNTYS INC	7,574 (+158.1%)	$939 (+148.0%)	0.0%	$101.17	—	COM	866674104
CSCO	CISCO SYS INC	32,665 (+12.2%)	$2,516 (+26.3%)	0.0%	$34.33	+115.0%	COM	17275R102
LMAT	LEMAITRE VASCULAR INC	109,832 (+2.0%)	$8,907 (-5.5%)	0.1%	$48.05	+78.9%	COM	525558201
—	WELLS FARGO CO NEW	8,431 (+6.8%)	$10,227 (+4.8%)	0.2%	$1330.05	—	PERP PFD CNV A	949746804
WMB	WILLIAMS COS INC	211,325 (+1.7%)	$12,703 (-3.5%)	0.2%	$18.32	+227.9%	COM	969457100
NSSC	NAPCO SEC TECHNOLOGIES INC	117,680 (+13.4%)	$4,907 (+10.1%)	0.1%	$35.37	+18.7%	COM	630402105
LPLA	LPL FINL HLDGS INC	4,870 (+25.3%)	$1,740 (+34.5%)	0.0%	$265.59	+33.2%	COM	50212V100
NVDA	NVIDIA CORPORATION	25,156 (+9.9%)	$4,692 (+9.9%)	0.1%	$105.35	+76.7%	COM	67066G104
CHDN	CHURCHILL DOWNS INC	13,738 (+14.2%)	$1,563 (+33.9%)	0.0%	$100.67	+2.8%	COM	171484108
POWI	POWER INTEGRATIONS INC	220,803 (+8.3%)	$7,847 (-4.3%)	0.1%	$53.29	-29.2%	COM	739276103
WSFS	WSFS FINL CORP	113,506 (+2.7%)	$6,270 (+5.2%)	0.1%	$50.59	+8.2%	COM	929328102
LFUS	LITTELFUSE INC	86,564 (+1.1%)	$21,894 (-1.3%)	0.4%	$233.20	+9.2%	COM	537008104
TFC	TRUIST FINL CORP	12,804 (+66.7%)	$630 (+79.4%)	0.0%	$41.12	+11.4%	COM	89832Q109
PAYX	PAYCHEX INC	48,124 (+7.5%)	$5,399 (-4.9%)	0.1%	$45.89	+154.0%	COM	704326107
ASO	ACADEMY SPORTS & OUTDOORS IN	459,046 (+1.3%)	$22,934 (+1.1%)	0.4%	$47.86	+3.4%	COM	00402L107
III	INFORMATION SVCS GROUP INC	904,143 (+4.4%)	$5,226 (+5.0%)	0.1%	$4.36	+28.1%	COM	45675Y104
FELE	FRANKLIN ELEC INC	89,819 (+2.6%)	$8,580 (+3.0%)	0.1%	$55.63	+70.9%	COM	353514102
KMB	KIMBERLY-CLARK CORP	11,162 (+1.1%)	$1,126 (-17.9%)	0.0%	$97.91	+10.7%	COM	494368103
AMAT	APPLIED MATLS INC	2,563 (+25.1%)	$659 (+57.1%)	0.0%	$129.21	+85.4%	COM	038222105
SSB	SOUTHSTATE BK CORP	93,115 (+2.3%)	$8,763 (-2.6%)	0.1%	$96.60	-4.9%	COM	84472E102
BKNG	BOOKING HOLDINGS INC	2,754 (+2.4%)	$14,749 (+1.6%)	0.2%	$4817.11	+6.7%	COM	09857L108
JJSF	J & J SNACK FOODS CORP	47,919 (+12.2%)	$4,330 (+5.5%)	0.1%	$130.87	-31.2%	COM	466032109
HNI	HNI CORP	187,172 (+8.4%)	$7,869 (-2.8%)	0.1%	$39.49	+7.0%	COM	404251100
SSNC	SS&C TECHNOLOGIES HLDGS INC	228,333 (+2.4%)	$19,961 (+0.9%)	0.3%	$73.78	+15.6%	COM	78467J100
SYBT	STOCK YDS BANCORP INC	104,194 (+10.4%)	$6,767 (+2.4%)	0.1%	$54.85	+22.5%	COM	861025104
ATEN	A10 NETWORKS INC	302,992 (+5.6%)	$5,360 (+3.0%)	0.1%	$17.92	-1.6%	COM	002121101
FCFS	FIRSTCASH HOLDINGS INC	35,010 (+2.2%)	$5,580 (+2.8%)	0.1%	$127.93	+22.7%	COM	33768G107
CWT	CALIFORNIA WTR SVC GROUP	91,989 (+2.2%)	$3,986 (-3.5%)	0.1%	$46.64	-3.2%	COM	130788102
RVTY	REVVITY INC	9,680 (+6.0%)	$937 (+17.0%)	0.0%	$104.43	-8.1%	COM	714046109
INTC	INTEL CORP	17,571 (+13.1%)	$649 (+24.5%)	0.0%	$32.71	+15.4%	COM	458140100
FCPT	FOUR CORNERS PPTY TR INC	265,504 (+3.9%)	$6,123 (-1.8%)	0.1%	$27.08	—	COM	35086T109
WPC	WP CAREY INC	122,502 (+3.6%)	$7,884 (-1.3%)	0.1%	$67.65	—	COM	92936U109
GL	GLOBE LIFE INC	2,230 (+45.8%)	$312 (+42.6%)	0.0%	$135.31	+0.1%	COM	37959E102
MCD	MCDONALDS CORP	17,313 (+1.2%)	$5,291 (+1.8%)	0.1%	$115.35	+164.5%	COM	580135101
COST	COSTCO WHSL CORP NEW	3,344 (+10.8%)	$2,884 (+3.3%)	0.0%	$311.46	+190.8%	COM	22160K105
NFLX	NETFLIX INC	2,861 (+860.1%)	$268 (-24.9%)	0.0%	$109.29	-1.4%	COM	64110L106
WDFC	WD 40 CO	18,446 (+2.8%)	$3,632 (+2.4%)	0.1%	$186.58	+5.0%	COM	929236107
XYL	XYLEM INC	8,934 (+1.2%)	$1,217 (-6.6%)	0.0%	$124.69	+15.1%	COM	98419M100
BAC	BANK AMERICA CORP	14,293 (+4.6%)	$786 (+11.6%)	0.0%	$33.29	+58.2%	COM	060505104
BMY	BRISTOL-MYERS SQUIBB CO	8,482 (+1.4%)	$458 (+21.3%)	0.0%	$43.42	+9.5%	COM	110122108
AFL	AFLAC INC	22,337 (+4.6%)	$2,463 (+3.3%)	0.0%	$48.49	+126.5%	COM	001055102
MS	MORGAN STANLEY	3,038 (+4.8%)	$539 (+17.0%)	0.0%	$64.27	+159.0%	COM NEW	617446448
MA	MASTERCARD INCORPORATED	2,334 (+5.6%)	$1,332 (+6.0%)	0.0%	$356.60	+56.7%	CL A	57636Q104
PIPR	PIPER SANDLER COMPANIES	14,200 (+3.6%)	$4,824 (+1.5%)	0.1%	$277.03	+21.9%	COM	724078100
BN	BROOKFIELD CORP	5,917 (+19.6%)	$272 (-20.0%)	0.0%	$44.42	+2.5%	CL A LTD VT SH	11271J107
TSM	TAIWAN SEMICONDUCTOR MFG LTD	880 (+20.9%)	$267 (+31.5%)	0.0%	$239.77	—	SPONSORED ADS	874039100
AOS	SMITH A O CORP	18,577 (+4.5%)	$1,242 (-4.8%)	0.0%	$46.88	+43.9%	COM	831865209
TSCO	TRACTOR SUPPLY CO	7,745 (+34.9%)	$387 (+18.7%)	0.0%	$51.13	+5.0%	COM	892356106
MMM	3M CO	3,195 (+9.2%)	$512 (+12.7%)	0.0%	$124.83	+30.7%	COM	88579Y101
BDC	BELDEN INC	90,475 (+2.7%)	$10,545 (-0.5%)	0.2%	$86.79	+34.4%	COM	077454106
CBSH	COMMERCE BANCSHARES INC	10,151 (+5.0%)	$531 (-8.0%)	0.0%	$33.42	+56.0%	COM	200525103
USB	US BANCORP DEL	6,310 (+4.4%)	$337 (+15.3%)	0.0%	$41.42	+17.7%	COM NEW	902973304
CEG	CONSTELLATION ENERGY CORP	1,080 (+4.8%)	$381 (+12.5%)	0.0%	$214.32	+69.5%	COM	21037T109
ROK	ROCKWELL AUTOMATION INC	648 (+3.3%)	$252 (+15.0%)	0.0%	$285.19	+31.6%	COM	773903109
WRB	BERKLEY W R CORP	6,638 (+2.1%)	$465 (-6.5%)	0.0%	$59.99	+21.3%	COM	084423102
LMT	LOCKHEED MARTIN CORP	3,180 (+5.0%)	$1,538 (+1.7%)	0.0%	$428.84	+11.0%	COM	539830109
TMUS	T-MOBILE US INC	1,286 (+8.4%)	$261 (-8.1%)	0.0%	$238.06	-11.2%	COM	872590104
IPAR	INTERPARFUMS INC	57,956 (+15.4%)	$4,916 (-0.5%)	0.1%	$97.84	-10.0%	COM	458334109
GIS	GENERAL MLS INC	6,472 (+1.2%)	$301 (-6.7%)	0.0%	$46.61	+1.8%	COM	370334104
ITW	ILLINOIS TOOL WKS INC	2,246 (+2.0%)	$553 (-3.7%)	0.0%	$166.85	+48.4%	COM	452308109
ZBH	ZIMMER BIOMET HOLDINGS INC	14,127 (+10.9%)	$1,270 (+1.3%)	0.0%	$109.00	-13.2%	COM	98956P102
BX	BLACKSTONE INC	2,925 (+7.3%)	$451 (-3.2%)	0.0%	$136.23	+11.2%	COM	09260D107
FIS	FIDELITY NATL INFORMATION SV	3,551 (+1.5%)	$236 (+2.3%)	0.0%	$95.08	-31.0%	COM	31620M106
INTU	INTUIT	394 (+4.5%)	$261 (+1.4%)	0.0%	$675.83	-2.2%	COM	461202103

Exited Positions (7)

LAKE LAKELAND INDS INC 0.1%

Value ($000) $3,084 Shares 208,398 Est. Cost $18.95 Unrealized -25.9%

AZTA AZENTA INC 0.0%

Value ($000) $314 Shares 10,930 Est. Cost $34.94 Unrealized -6.5%

CHD CHURCH & DWIGHT CO INC 0.0%

Value ($000) $263 Shares 3,005 Est. Cost $69.17 Unrealized +23.3%

CRI CARTERS INC 0.0%

Value ($000) $261 Shares 9,250 Est. Cost $68.87 Unrealized -54.9%

ELV ELEVANCE HEALTH INC FORMERLY 0.0%

Value ($000) $259 Shares 802 Est. Cost $388.56 Unrealized -13.3%

VLO VALERO ENERGY CORP 0.0%

Value ($000) $251 Shares 1,476 Est. Cost $74.24 Unrealized +127.4%

DINO HF SINCLAIR CORP 0.0%

Value ($000) $205 Shares 3,910 Est. Cost $46.72 Unrealized +9.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LAKE	LAKELAND INDS INC	208,398	$3,084	0.1%	$18.95	-25.9%	—	511795106
AZTA	AZENTA INC	10,930	$314	0.0%	$34.94	-6.5%	—	114340102
CHD	CHURCH & DWIGHT CO INC	3,005	$263	0.0%	$69.17	+23.3%	—	171340102
CRI	CARTERS INC	9,250	$261	0.0%	$68.87	-54.9%	—	146229109
ELV	ELEVANCE HEALTH INC FORMERLY	802	$259	0.0%	$388.56	-13.3%	—	036752103
VLO	VALERO ENERGY CORP	1,476	$251	0.0%	$74.24	+127.4%	—	91913Y100
DINO	HF SINCLAIR CORP	3,910	$205	0.0%	$46.72	+9.8%	—	403949100

Decreased Positions (92)

HON HONEYWELL INTL INC 0.2%

Value ($000) $12,169 (-87.3%) Shares 62,377 (-86.3%) Est. Cost $117.28 Unrealized +66.3%

ARE ALEXANDRIA REAL ESTATE EQ IN 0.0%

Value ($000) $2,243 (-94.2%) Shares 45,826 (-90.1%) Est. Cost $116.84 Unrealized -50.3%

AZN ASTRAZENECA PLC 2.4%

Value ($000) $141,477 (+17.8%) Shares 1,538,963 (-1.7%) Est. Cost $39.76 Unrealized —

DOC HEALTHPEAK PROPERTIES INC 0.1%

Value ($000) $6,559 (-75.5%) Shares 407,907 (-70.8%) Est. Cost $16.65 Unrealized +4.9%

ORCL ORACLE CORP 0.3%

Value ($000) $19,881 (-49.1%) Shares 102,003 (-26.6%) Est. Cost $107.66 Unrealized +121.1%

STAG STAG INDL INC 0.1%

Value ($000) $8,908 (-64.8%) Shares 242,328 (-66.2%) Est. Cost $36.23 Unrealized —

CAH CARDINAL HEALTH INC 0.8%

Value ($000) $49,049 (-23.4%) Shares 238,680 (-41.5%) Est. Cost $50.76 Unrealized +269.8%

NTRS NORTHERN TR CORP 0.1%

Value ($000) $4,602 (-72.7%) Shares 33,690 (-73.1%) Est. Cost $70.17 Unrealized +86.3%

ROP ROPER TECHNOLOGIES INC 0.7%

Value ($000) $42,835 (-22.0%) Shares 96,229 (-12.6%) Est. Cost $545.58 Unrealized -15.3%

PRGO PERRIGO CO PLC 0.3%

Value ($000) $16,394 (-42.2%) Shares 1,177,753 (-7.6%) Est. Cost $30.81 Unrealized -45.9%

MRVL MARVELL TECHNOLOGY INC 0.1%

Value ($000) $3,922 (-74.7%) Shares 46,150 (-74.9%) Est. Cost $56.82 Unrealized +53.9%

CNMD CONMED CORP 0.1%

Value ($000) $4,332 (-71.6%) Shares 106,688 (-67.1%) Est. Cost $84.46 Unrealized -48.5%

AXP AMERICAN EXPRESS CO 2.0%

Value ($000) $121,100 (+8.6%) Shares 327,341 (-2.5%) Est. Cost $67.23 Unrealized +431.0%

BLK BLACKROCK INC 1.4%

Value ($000) $82,234 (-9.4%) Shares 76,830 (-1.3%) Est. Cost $994.24 Unrealized +9.6%

JCI JOHNSON CTLS INTL PLC 2.6%

Value ($000) $158,289 (+5.6%) Shares 1,321,830 (-3.0%) Est. Cost $37.76 Unrealized +204.1%

GOOGL ALPHABET INC 0.7%

Value ($000) $39,971 (+24.0%) Shares 127,701 (-3.7%) Est. Cost $176.97 Unrealized +61.4%

VZ VERIZON COMMUNICATIONS INC 0.3%

Value ($000) $18,180 (-29.1%) Shares 446,348 (-23.5%) Est. Cost $36.16 Unrealized +12.0%

DEO DIAGEO PLC 0.3%

Value ($000) $15,985 (-30.2%) Shares 185,291 (-22.8%) Est. Cost $100.59 Unrealized —

RTX RTX CORPORATION 2.1%

Value ($000) $125,408 (+5.8%) Shares 683,794 (-3.4%) Est. Cost $131.75 Unrealized +31.6%

ABBV ABBVIE INC 3.4%

Value ($000) $204,173 (-3.2%) Shares 893,576 (-1.9%) Est. Cost $60.26 Unrealized +277.6%

MAN MANPOWERGROUP INC WIS 0.2%

Value ($000) $13,172 (-32.5%) Shares 443,046 (-14.0%) Est. Cost $52.30 Unrealized -40.3%

DOX AMDOCS LTD 1.2%

Value ($000) $73,335 (-6.1%) Shares 910,884 (-4.3%) Est. Cost $81.12 Unrealized -1.5%

MAA MID-AMER APT CMNTYS INC 0.8%

Value ($000) $50,610 (-7.8%) Shares 364,335 (-7.3%) Est. Cost $148.54 Unrealized -10.5%

NSA NATIONAL STORAGE AFFILIATES 0.0%

Value ($000) $205 (-95.4%) Shares 7,270 (-95.1%) Est. Cost $37.52 Unrealized —

LW LAMB WESTON HLDGS INC 0.1%

Value ($000) $6,390 (-39.3%) Shares 152,548 (-15.9%) Est. Cost $71.16 Unrealized -17.5%

COLM COLUMBIA SPORTSWEAR CO 0.0%

Value ($000) $1,142 (-77.7%) Shares 20,735 (-78.9%) Est. Cost $72.30 Unrealized -26.4%

DTM DT MIDSTREAM INC 0.2%

Value ($000) $9,855 (-24.1%) Shares 82,347 (-28.3%) Est. Cost $99.18 Unrealized +15.2%

ESE ESCO TECHNOLOGIES INC 0.4%

Value ($000) $25,545 (-10.9%) Shares 130,737 (-3.7%) Est. Cost $71.83 Unrealized +193.4%

PFE PFIZER INC 0.9%

Value ($000) $51,858 (-5.6%) Shares 2,082,631 (-3.4%) Est. Cost $29.29 Unrealized -14.5%

CCI CROWN CASTLE INC 0.3%

Value ($000) $20,412 (-12.1%) Shares 229,686 (-4.6%) Est. Cost $103.84 Unrealized -12.3%

GSK GSK PLC 0.5%

Value ($000) $32,465 (+8.8%) Shares 662,017 (-4.2%) Est. Cost $38.76 Unrealized —

KO COCA COLA CO 2.1%

Value ($000) $126,602 (-2.0%) Shares 1,810,934 (-7.0%) Est. Cost $38.00 Unrealized +82.6%

MRK MERCK & CO INC 0.3%

Value ($000) $16,070 (+18.1%) Shares 152,669 (-5.8%) Est. Cost $44.10 Unrealized +111.4%

EVRG EVERGY INC 0.5%

Value ($000) $27,830 (-6.8%) Shares 383,913 (-2.3%) Est. Cost $53.47 Unrealized +41.1%

TEL TE CONNECTIVITY PLC 2.2%

Value ($000) $130,953 (-1.1%) Shares 575,593 (-4.5%) Est. Cost $146.90 Unrealized +57.4%

PAHC PHIBRO ANIMAL HEALTH CORP 0.1%

Value ($000) $7,412 (-15.8%) Shares 198,386 (-8.8%) Est. Cost $20.33 Unrealized +99.8%

MOG/A MOOG INC 0.2%

Value ($000) $14,822 (+9.0%) Shares 60,858 (-7.0%) Est. Cost $88.24 Unrealized +148.4%

EMBC EMBECTA CORP 0.1%

Value ($000) $4,485 (-21.1%) Shares 377,545 (-6.3%) Est. Cost $10.89 Unrealized +19.9%

SCVL SHOE CARNIVAL INC 0.1%

Value ($000) $3,909 (-22.7%) Shares 231,567 (-4.8%) Est. Cost $24.55 Unrealized -25.2%

CCJ CAMECO CORP 0.0%

Value ($000) $2,681 (-29.5%) Shares 29,299 (-35.4%) Est. Cost $17.38 Unrealized +417.4%

SBUX STARBUCKS CORP 0.3%

Value ($000) $15,207 (-6.4%) Shares 180,582 (-6.0%) Est. Cost $81.88 Unrealized +2.7%

UTZ UTZ BRANDS INC 0.1%

Value ($000) $3,022 (-23.1%) Shares 291,113 (-10.0%) Est. Cost $16.99 Unrealized -36.5%

MLAB MESA LABS INC 0.1%

Value ($000) $6,376 (+15.4%) Shares 81,220 (-1.5%) Est. Cost $103.54 Unrealized -26.6%

CDRE CADRE HLDGS INC 0.2%

Value ($000) $9,785 (+9.3%) Shares 239,594 (-2.3%) Est. Cost $34.19 Unrealized +21.2%

AEP AMERICAN ELEC PWR CO INC 2.0%

Value ($000) $118,558 (+0.7%) Shares 1,028,170 (-1.8%) Est. Cost $77.66 Unrealized +51.6%

NVT NVENT ELECTRIC PLC 0.4%

Value ($000) $25,897 (-3.0%) Shares 253,971 (-6.1%) Est. Cost $24.28 Unrealized +326.8%

AVGO BROADCOM INC 0.7%

Value ($000) $40,608 (-1.8%) Shares 117,330 (-6.4%) Est. Cost $215.92 Unrealized +65.3%

TPB TURNING PT BRANDS INC 0.2%

Value ($000) $11,068 (-5.7%) Shares 102,107 (-14.0%) Est. Cost $68.02 Unrealized +43.8%

LSTR LANDSTAR SYS INC 0.1%

Value ($000) $4,591 (+13.5%) Shares 31,950 (-3.2%) Est. Cost $129.05 Unrealized —

GPN GLOBAL PMTS INC 0.0%

Value ($000) $1,609 (-24.1%) Shares 20,787 (-18.5%) Est. Cost $78.46 Unrealized +2.3%

SXI STANDEX INTL CORP 0.2%

Value ($000) $12,994 (-2.9%) Shares 59,804 (-5.3%) Est. Cost $77.71 Unrealized +198.3%

AEIS ADVANCED ENERGY INDS 0.2%

Value ($000) $10,653 (+3.8%) Shares 50,883 (-15.6%) Est. Cost $113.83 Unrealized +78.7%

ABT ABBOTT LABS 0.1%

Value ($000) $4,138 (-8.0%) Shares 33,031 (-1.7%) Est. Cost $67.13 Unrealized +89.6%

PPG PPG INDS INC 0.0%

Value ($000) $906 (-27.3%) Shares 8,839 (-25.4%) Est. Cost $116.82 Unrealized -14.3%

IBM INTERNATIONAL BUSINESS MACHS 0.3%

Value ($000) $20,224 (+1.6%) Shares 68,277 (-3.3%) Est. Cost $103.19 Unrealized +189.6%

JPM JPMORGAN CHASE & CO. 1.1%

Value ($000) $68,631 (+0.4%) Shares 212,993 (-1.7%) Est. Cost $98.21 Unrealized +215.2%

ETN EATON CORP PLC 0.0%

Value ($000) $1,540 (-16.4%) Shares 4,834 (-1.8%) Est. Cost $115.35 Unrealized +207.2%

MO ALTRIA GROUP INC 0.0%

Value ($000) $1,377 (-14.2%) Shares 23,882 (-1.7%) Est. Cost $32.64 Unrealized +81.9%

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $208 (-51.5%) Shares 629 (-49.3%) Est. Cost $381.35 Unrealized -11.6%

GILD GILEAD SCIENCES INC 0.1%

Value ($000) $3,135 (-6.4%) Shares 25,543 (-15.4%) Est. Cost $58.29 Unrealized +107.4%

MTB M & T BK CORP 0.1%

Value ($000) $3,962 (-5.2%) Shares 19,663 (-7.0%) Est. Cost $108.83 Unrealized +74.7%

ORI OLD REP INTL CORP 0.2%

Value ($000) $14,772 (+1.3%) Shares 323,667 (-5.8%) Est. Cost $11.62 Unrealized +251.3%

THG HANOVER INS GROUP INC 0.2%

Value ($000) $10,704 (-1.6%) Shares 58,567 (-2.2%) Est. Cost $108.86 Unrealized +64.5%

HUBB HUBBELL INC 0.1%

Value ($000) $8,217 (+1.9%) Shares 18,502 (-1.3%) Est. Cost $103.01 Unrealized +324.5%

SBAC SBA COMMUNICATIONS CORP NEW 0.0%

Value ($000) $887 (-14.5%) Shares 4,584 (-14.6%) Est. Cost $225.89 Unrealized -14.7%

XRAY DENTSPLY SIRONA INC 0.0%

Value ($000) $958 (-13.2%) Shares 83,807 (-3.7%) Est. Cost $14.51 Unrealized -19.1%

HCKT HACKETT GROUP INC 0.1%

Value ($000) $8,947 (+1.6%) Shares 455,796 (-1.6%) Est. Cost $18.46 Unrealized +2.8%

FLO FLOWERS FOODS INC 0.0%

Value ($000) $137 (-50.4%) Shares 12,570 (-40.5%) Est. Cost $20.83 Unrealized -45.1%

T AT&T INC 0.0%

Value ($000) $732 (-15.0%) Shares 29,486 (-3.4%) Est. Cost $18.57 Unrealized +36.2%

RMD RESMED INC 0.0%

Value ($000) $508 (-19.7%) Shares 2,108 (-8.7%) Est. Cost $170.42 Unrealized +49.9%

NKE NIKE INC 0.0%

Value ($000) $686 (-14.5%) Shares 10,768 (-6.4%) Est. Cost $88.06 Unrealized -26.3%

BR BROADRIDGE FINL SOLUTIONS IN 0.0%

Value ($000) $1,335 (-7.8%) Shares 5,981 (-1.6%) Est. Cost $60.95 Unrealized +272.9%

TK TEEKAY CORPORATION LTD 0.0%

Value ($000) $90 (-52.0%) Shares 10,000 (-56.5%) Est. Cost $7.71 Unrealized +19.3%

NUE NUCOR CORP 0.0%

Value ($000) $882 (+11.2%) Shares 5,409 (-7.6%) Est. Cost $127.72 Unrealized +17.3%

NEE NEXTERA ENERGY INC 0.0%

Value ($000) $1,561 (+5.0%) Shares 19,443 (-1.2%) Est. Cost $70.96 Unrealized +16.3%

PSX PHILLIPS 66 0.0%

Value ($000) $467 (-12.5%) Shares 3,622 (-7.8%) Est. Cost $103.75 Unrealized +29.2%

APH AMPHENOL CORP NEW 0.0%

Value ($000) $1,198 (+5.8%) Shares 8,862 (-3.1%) Est. Cost $49.88 Unrealized +167.7%

CL COLGATE PALMOLIVE CO 0.0%

Value ($000) $1,589 (-3.5%) Shares 20,108 (-2.4%) Est. Cost $61.08 Unrealized +28.2%

CARR CARRIER GLOBAL CORPORATION 0.0%

Value ($000) $238 (-17.5%) Shares 4,507 (-6.8%) Est. Cost $67.33 Unrealized -17.5%

PNNT PENNANTPARK INVT CORP 0.0%

Value ($000) $85 (-36.8%) Shares 14,300 (-28.8%) Est. Cost $6.55 Unrealized -9.1%

HPE HEWLETT PACKARD ENTERPRISE C 0.0%

Value ($000) $260 (-15.7%) Shares 10,832 (-13.8%) Est. Cost $16.06 Unrealized +45.9%

DIS DISNEY WALT CO 0.0%

Value ($000) $620 (-6.9%) Shares 5,448 (-6.3%) Est. Cost $104.31 Unrealized +5.0%

ESS ESSEX PPTY TR INC 0.0%

Value ($000) $245 (-10.6%) Shares 935 (-8.6%) Est. Cost $204.26 Unrealized +25.5%

C CITIGROUP INC 0.0%

Value ($000) $234 (+12.7%) Shares 2,007 (-2.0%) Est. Cost $94.11 Unrealized +10.1%

COF CAPITAL ONE FINL CORP 0.0%

Value ($000) $1,999 (-1.3%) Shares 8,250 (-13.4%) Est. Cost $102.17 Unrealized +117.5%

GE GE AEROSPACE 0.0%

Value ($000) $1,786 (-1.1%) Shares 5,798 (-3.4%) Est. Cost $104.58 Unrealized +187.6%

GEV GE VERNOVA INC 0.0%

Value ($000) $1,036 (+1.8%) Shares 1,585 (-4.2%) Est. Cost $231.01 Unrealized +163.6%

COP CONOCOPHILLIPS 0.0%

Value ($000) $741 (-2.2%) Shares 7,912 (-1.1%) Est. Cost $80.93 Unrealized +11.2%

RF REGIONS FINANCIAL CORP NEW 0.0%

Value ($000) $406 (-3.7%) Shares 14,978 (-6.3%) Est. Cost $16.82 Unrealized +50.8%

GWW WW GRAINGER INC 0.0%

Value ($000) $681 (-2.0%) Shares 675 (-7.4%) Est. Cost $201.47 Unrealized +380.9%

TSLA TESLA INC 0.0%

Value ($000) $283 (-3.4%) Shares 630 (-4.5%) Est. Cost $302.66 Unrealized +46.5%

MKC MCCORMICK & CO INC 0.0%

Value ($000) $297 (-1.3%) Shares 4,362 (-3.0%) Est. Cost $68.50 Unrealized -3.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HON	HONEYWELL INTL INC	62,377 (-86.3%)	$12,169 (-87.3%)	0.2%	$117.28	+66.3%	COM	438516106
ARE	ALEXANDRIA REAL ESTATE EQ IN	45,826 (-90.1%)	$2,243 (-94.2%)	0.0%	$116.84	-50.3%	COM	015271109
AZN	ASTRAZENECA PLC	1,538,963 (-1.7%)	$141,477 (+17.8%)	2.4%	$39.76	—	SPONSORED ADR	046353108
DOC	HEALTHPEAK PROPERTIES INC	407,907 (-70.8%)	$6,559 (-75.5%)	0.1%	$16.65	+4.9%	COM	42250P103
ORCL	ORACLE CORP	102,003 (-26.6%)	$19,881 (-49.1%)	0.3%	$107.66	+121.1%	COM	68389X105
STAG	STAG INDL INC	242,328 (-66.2%)	$8,908 (-64.8%)	0.1%	$36.23	—	COM	85254J102
CAH	CARDINAL HEALTH INC	238,680 (-41.5%)	$49,049 (-23.4%)	0.8%	$50.76	+269.8%	COM	14149Y108
NTRS	NORTHERN TR CORP	33,690 (-73.1%)	$4,602 (-72.7%)	0.1%	$70.17	+86.3%	COM	665859104
ROP	ROPER TECHNOLOGIES INC	96,229 (-12.6%)	$42,835 (-22.0%)	0.7%	$545.58	-15.3%	COM	776696106
PRGO	PERRIGO CO PLC	1,177,753 (-7.6%)	$16,394 (-42.2%)	0.3%	$30.81	-45.9%	SHS	G97822103
MRVL	MARVELL TECHNOLOGY INC	46,150 (-74.9%)	$3,922 (-74.7%)	0.1%	$56.82	+53.9%	COM	573874104
CNMD	CONMED CORP	106,688 (-67.1%)	$4,332 (-71.6%)	0.1%	$84.46	-48.5%	COM	207410101
AXP	AMERICAN EXPRESS CO	327,341 (-2.5%)	$121,100 (+8.6%)	2.0%	$67.23	+431.0%	COM	025816109
BLK	BLACKROCK INC	76,830 (-1.3%)	$82,234 (-9.4%)	1.4%	$994.24	+9.6%	COM	09290D101
JCI	JOHNSON CTLS INTL PLC	1,321,830 (-3.0%)	$158,289 (+5.6%)	2.6%	$37.76	+204.1%	SHS	G51502105
GOOGL	ALPHABET INC	127,701 (-3.7%)	$39,971 (+24.0%)	0.7%	$176.97	+61.4%	CAP STK CL A	02079K305
VZ	VERIZON COMMUNICATIONS INC	446,348 (-23.5%)	$18,180 (-29.1%)	0.3%	$36.16	+12.0%	COM	92343V104
DEO	DIAGEO PLC	185,291 (-22.8%)	$15,985 (-30.2%)	0.3%	$100.59	—	SPON ADR NEW	25243Q205
RTX	RTX CORPORATION	683,794 (-3.4%)	$125,408 (+5.8%)	2.1%	$131.75	+31.6%	COM	75513E101
ABBV	ABBVIE INC	893,576 (-1.9%)	$204,173 (-3.2%)	3.4%	$60.26	+277.6%	COM	00287Y109
MAN	MANPOWERGROUP INC WIS	443,046 (-14.0%)	$13,172 (-32.5%)	0.2%	$52.30	-40.3%	COM	56418H100
DOX	AMDOCS LTD	910,884 (-4.3%)	$73,335 (-6.1%)	1.2%	$81.12	-1.5%	SHS	G02602103
MAA	MID-AMER APT CMNTYS INC	364,335 (-7.3%)	$50,610 (-7.8%)	0.8%	$148.54	-10.5%	COM	59522J103
NSA	NATIONAL STORAGE AFFILIATES	7,270 (-95.1%)	$205 (-95.4%)	0.0%	$37.52	—	COM SHS BEN IN	637870106
LW	LAMB WESTON HLDGS INC	152,548 (-15.9%)	$6,390 (-39.3%)	0.1%	$71.16	-17.5%	COM	513272104
COLM	COLUMBIA SPORTSWEAR CO	20,735 (-78.9%)	$1,142 (-77.7%)	0.0%	$72.30	-26.4%	COM	198516106
DTM	DT MIDSTREAM INC	82,347 (-28.3%)	$9,855 (-24.1%)	0.2%	$99.18	+15.2%	COMMON STOCK	23345M107
ESE	ESCO TECHNOLOGIES INC	130,737 (-3.7%)	$25,545 (-10.9%)	0.4%	$71.83	+193.4%	COM	296315104
PFE	PFIZER INC	2,082,631 (-3.4%)	$51,858 (-5.6%)	0.9%	$29.29	-14.5%	COM	717081103
CCI	CROWN CASTLE INC	229,686 (-4.6%)	$20,412 (-12.1%)	0.3%	$103.84	-12.3%	COM	22822V101
GSK	GSK PLC	662,017 (-4.2%)	$32,465 (+8.8%)	0.5%	$38.76	—	SPONSORED ADR	37733W204
KO	COCA COLA CO	1,810,934 (-7.0%)	$126,602 (-2.0%)	2.1%	$38.00	+82.6%	COM	191216100
MRK	MERCK & CO INC	152,669 (-5.8%)	$16,070 (+18.1%)	0.3%	$44.10	+111.4%	COM	58933Y105
EVRG	EVERGY INC	383,913 (-2.3%)	$27,830 (-6.8%)	0.5%	$53.47	+41.1%	COM	30034W106
TEL	TE CONNECTIVITY PLC	575,593 (-4.5%)	$130,953 (-1.1%)	2.2%	$146.90	+57.4%	ORD SHS	G87052109
PAHC	PHIBRO ANIMAL HEALTH CORP	198,386 (-8.8%)	$7,412 (-15.8%)	0.1%	$20.33	+99.8%	CL A COM	71742Q106
MOG/A	MOOG INC	60,858 (-7.0%)	$14,822 (+9.0%)	0.2%	$88.24	+148.4%	CL A	615394202
EMBC	EMBECTA CORP	377,545 (-6.3%)	$4,485 (-21.1%)	0.1%	$10.89	+19.9%	COMMON STOCK	29082K105
SCVL	SHOE CARNIVAL INC	231,567 (-4.8%)	$3,909 (-22.7%)	0.1%	$24.55	-25.2%	COM	824889109
CCJ	CAMECO CORP	29,299 (-35.4%)	$2,681 (-29.5%)	0.0%	$17.38	+417.4%	COM	13321L108
SBUX	STARBUCKS CORP	180,582 (-6.0%)	$15,207 (-6.4%)	0.3%	$81.88	+2.7%	COM	855244109
UTZ	UTZ BRANDS INC	291,113 (-10.0%)	$3,022 (-23.1%)	0.1%	$16.99	-36.5%	COM CL A	918090101
MLAB	MESA LABS INC	81,220 (-1.5%)	$6,376 (+15.4%)	0.1%	$103.54	-26.6%	COM	59064R109
CDRE	CADRE HLDGS INC	239,594 (-2.3%)	$9,785 (+9.3%)	0.2%	$34.19	+21.2%	COM	12763L105
AEP	AMERICAN ELEC PWR CO INC	1,028,170 (-1.8%)	$118,558 (+0.7%)	2.0%	$77.66	+51.6%	COM	025537101
NVT	NVENT ELECTRIC PLC	253,971 (-6.1%)	$25,897 (-3.0%)	0.4%	$24.28	+326.8%	SHS	G6700G107
AVGO	BROADCOM INC	117,330 (-6.4%)	$40,608 (-1.8%)	0.7%	$215.92	+65.3%	COM	11135F101
TPB	TURNING PT BRANDS INC	102,107 (-14.0%)	$11,068 (-5.7%)	0.2%	$68.02	+43.8%	COM	90041L105
LSTR	LANDSTAR SYS INC	31,950 (-3.2%)	$4,591 (+13.5%)	0.1%	$129.05	—	COM	515098101
GPN	GLOBAL PMTS INC	20,787 (-18.5%)	$1,609 (-24.1%)	0.0%	$78.46	+2.3%	COM	37940X102
SXI	STANDEX INTL CORP	59,804 (-5.3%)	$12,994 (-2.9%)	0.2%	$77.71	+198.3%	COM	854231107
AEIS	ADVANCED ENERGY INDS	50,883 (-15.6%)	$10,653 (+3.8%)	0.2%	$113.83	+78.7%	COM	007973100
ABT	ABBOTT LABS	33,031 (-1.7%)	$4,138 (-8.0%)	0.1%	$67.13	+89.6%	COM	002824100
PPG	PPG INDS INC	8,839 (-25.4%)	$906 (-27.3%)	0.0%	$116.82	-14.3%	COM	693506107
IBM	INTERNATIONAL BUSINESS MACHS	68,277 (-3.3%)	$20,224 (+1.6%)	0.3%	$103.19	+189.6%	COM	459200101
JPM	JPMORGAN CHASE & CO.	212,993 (-1.7%)	$68,631 (+0.4%)	1.1%	$98.21	+215.2%	COM	46625H100
ETN	EATON CORP PLC	4,834 (-1.8%)	$1,540 (-16.4%)	0.0%	$115.35	+207.2%	SHS	G29183103
MO	ALTRIA GROUP INC	23,882 (-1.7%)	$1,377 (-14.2%)	0.0%	$32.64	+81.9%	COM	02209S103
UNH	UNITEDHEALTH GROUP INC	629 (-49.3%)	$208 (-51.5%)	0.0%	$381.35	-11.6%	COM	91324P102
GILD	GILEAD SCIENCES INC	25,543 (-15.4%)	$3,135 (-6.4%)	0.1%	$58.29	+107.4%	COM	375558103
MTB	M & T BK CORP	19,663 (-7.0%)	$3,962 (-5.2%)	0.1%	$108.83	+74.7%	COM	55261F104
ORI	OLD REP INTL CORP	323,667 (-5.8%)	$14,772 (+1.3%)	0.2%	$11.62	+251.3%	COM	680223104
THG	HANOVER INS GROUP INC	58,567 (-2.2%)	$10,704 (-1.6%)	0.2%	$108.86	+64.5%	COM	410867105
HUBB	HUBBELL INC	18,502 (-1.3%)	$8,217 (+1.9%)	0.1%	$103.01	+324.5%	COM	443510607
SBAC	SBA COMMUNICATIONS CORP NEW	4,584 (-14.6%)	$887 (-14.5%)	0.0%	$225.89	-14.7%	CL A	78410G104
XRAY	DENTSPLY SIRONA INC	83,807 (-3.7%)	$958 (-13.2%)	0.0%	$14.51	-19.1%	COM	24906P109
HCKT	HACKETT GROUP INC	455,796 (-1.6%)	$8,947 (+1.6%)	0.1%	$18.46	+2.8%	COM	404609109
FLO	FLOWERS FOODS INC	12,570 (-40.5%)	$137 (-50.4%)	0.0%	$20.83	-45.1%	COM	343498101
T	AT&T INC	29,486 (-3.4%)	$732 (-15.0%)	0.0%	$18.57	+36.2%	COM	00206R102
RMD	RESMED INC	2,108 (-8.7%)	$508 (-19.7%)	0.0%	$170.42	+49.9%	COM	761152107
NKE	NIKE INC	10,768 (-6.4%)	$686 (-14.5%)	0.0%	$88.06	-26.3%	CL B	654106103
BR	BROADRIDGE FINL SOLUTIONS IN	5,981 (-1.6%)	$1,335 (-7.8%)	0.0%	$60.95	+272.9%	COM	11133T103
TK	TEEKAY CORPORATION LTD	10,000 (-56.5%)	$90 (-52.0%)	0.0%	$7.71	+19.3%	SHS	G8726T105
NUE	NUCOR CORP	5,409 (-7.6%)	$882 (+11.2%)	0.0%	$127.72	+17.3%	COM	670346105
NEE	NEXTERA ENERGY INC	19,443 (-1.2%)	$1,561 (+5.0%)	0.0%	$70.96	+16.3%	COM	65339F101
PSX	PHILLIPS 66	3,622 (-7.8%)	$467 (-12.5%)	0.0%	$103.75	+29.2%	COM	718546104
APH	AMPHENOL CORP NEW	8,862 (-3.1%)	$1,198 (+5.8%)	0.0%	$49.88	+167.7%	CL A	032095101
CL	COLGATE PALMOLIVE CO	20,108 (-2.4%)	$1,589 (-3.5%)	0.0%	$61.08	+28.2%	COM	194162103
CARR	CARRIER GLOBAL CORPORATION	4,507 (-6.8%)	$238 (-17.5%)	0.0%	$67.33	-17.5%	COM	14448C104
PNNT	PENNANTPARK INVT CORP	14,300 (-28.8%)	$85 (-36.8%)	0.0%	$6.55	-9.1%	COM	708062104
HPE	HEWLETT PACKARD ENTERPRISE C	10,832 (-13.8%)	$260 (-15.7%)	0.0%	$16.06	+45.9%	COM	42824C109
DIS	DISNEY WALT CO	5,448 (-6.3%)	$620 (-6.9%)	0.0%	$104.31	+5.0%	COM	254687106
ESS	ESSEX PPTY TR INC	935 (-8.6%)	$245 (-10.6%)	0.0%	$204.26	+25.5%	COM	297178105
C	CITIGROUP INC	2,007 (-2.0%)	$234 (+12.7%)	0.0%	$94.11	+10.1%	COM NEW	172967424
COF	CAPITAL ONE FINL CORP	8,250 (-13.4%)	$1,999 (-1.3%)	0.0%	$102.17	+117.5%	COM	14040H105
GE	GE AEROSPACE	5,798 (-3.4%)	$1,786 (-1.1%)	0.0%	$104.58	+187.6%	COM NEW	369604301
GEV	GE VERNOVA INC	1,585 (-4.2%)	$1,036 (+1.8%)	0.0%	$231.01	+163.6%	COM	36828A101
COP	CONOCOPHILLIPS	7,912 (-1.1%)	$741 (-2.2%)	0.0%	$80.93	+11.2%	COM	20825C104
RF	REGIONS FINANCIAL CORP NEW	14,978 (-6.3%)	$406 (-3.7%)	0.0%	$16.82	+50.8%	COM	7591EP100
GWW	WW GRAINGER INC	675 (-7.4%)	$681 (-2.0%)	0.0%	$201.47	+380.9%	COM	384802104
TSLA	TESLA INC	630 (-4.5%)	$283 (-3.4%)	0.0%	$302.66	+46.5%	COM	88160R101
MKC	MCCORMICK & CO INC	4,362 (-3.0%)	$297 (-1.3%)	0.0%	$68.50	-3.8%	COM NON VTG	579780206

Unchanged Positions (85)

MSFT MICROSOFT CORP 3.7%

Value ($000) $222,108 Shares 459,262 Est. Cost $35.57 Unrealized +1307.3%

HD HOME DEPOT INC 1.6%

Value ($000) $96,934 Shares 281,704 Est. Cost $130.70 Unrealized +179.0%

GPC GENUINE PARTS CO 1.7%

Value ($000) $102,741 Shares 835,566 Est. Cost $91.34 Unrealized +40.9%

ROST ROSS STORES INC 1.4%

Value ($000) $82,045 Shares 455,451 Est. Cost $138.54 Unrealized +20.3%

WEC WEC ENERGY GROUP INC 1.9%

Value ($000) $114,941 Shares 1,089,902 Est. Cost $77.85 Unrealized +41.6%

JNJ JOHNSON & JOHNSON 1.5%

Value ($000) $89,778 Shares 433,815 Est. Cost $74.28 Unrealized +165.2%

DGX QUEST DIAGNOSTICS INC 1.4%

Value ($000) $86,158 Shares 496,499 Est. Cost $128.02 Unrealized +42.2%

WTW WILLIS TOWERS WATSON PLC LTD 1.8%

Value ($000) $108,903 Shares 331,415 Est. Cost $169.96 Unrealized +92.1%

SCHW SCHWAB CHARLES CORP 1.7%

Value ($000) $100,503 Shares 1,005,932 Est. Cost $55.46 Unrealized +70.8%

V VISA INC 2.1%

Value ($000) $124,301 Shares 354,428 Est. Cost $346.96 Unrealized -1.9%

PRU PRUDENTIAL FINL INC 0.5%

Value ($000) $31,362 Shares 277,836 Est. Cost $111.84 Unrealized -4.8%

DUK DUKE ENERGY CORP NEW 0.6%

Value ($000) $37,883 Shares 323,207 Est. Cost $77.20 Unrealized +57.5%

SO SOUTHERN CO 0.4%

Value ($000) $22,799 Shares 261,457 Est. Cost $60.88 Unrealized +49.3%

MDT MEDTRONIC PLC 2.2%

Value ($000) $130,774 Shares 1,361,380 Est. Cost $72.67 Unrealized +33.7%

HAS HASBRO INC 0.4%

Value ($000) $25,357 Shares 309,228 Est. Cost $69.33 Unrealized +12.5%

PM PHILIP MORRIS INTL INC 2.1%

Value ($000) $123,464 Shares 769,729 Est. Cost $65.98 Unrealized +132.8%

LAZ LAZARD INC 0.3%

Value ($000) $17,615 Shares 362,741 Est. Cost $39.33 Unrealized +26.9%

TXN TEXAS INSTRS INC 0.3%

Value ($000) $20,148 Shares 116,132 Est. Cost $47.11 Unrealized +262.4%

HXL HEXCEL CORP NEW 0.1%

Value ($000) $8,404 Shares 113,716 Est. Cost $61.44 Unrealized +15.1%

PEGA PEGASYSTEMS INC 0.5%

Value ($000) $31,152 Shares 521,631 Est. Cost $37.91 Unrealized +54.5%

USPH U S PHYSICAL THERAPY 0.2%

Value ($000) $11,567 Shares 148,120 Est. Cost $91.07 Unrealized -10.9%

KMI KINDER MORGAN INC DEL 0.5%

Value ($000) $29,970 Shares 1,090,220 Est. Cost $19.63 Unrealized +37.1%

CB CHUBB LIMITED 0.1%

Value ($000) $8,235 Shares 26,384 Est. Cost $108.35 Unrealized +169.9%

HRB BLOCK H & R INC 0.1%

Value ($000) $4,421 Shares 101,436 Est. Cost $33.35 Unrealized +39.2%

HBAN HUNTINGTON BANCSHARES INC 0.8%

Value ($000) $45,796 Shares 2,639,518 Est. Cost $13.16 Unrealized +23.8%

CVX CHEVRON CORP NEW 0.6%

Value ($000) $38,376 Shares 251,797 Est. Cost $98.66 Unrealized +53.4%

TMO THERMO FISHER SCIENTIFIC INC 0.1%

Value ($000) $3,437 Shares 5,931 Est. Cost $206.68 Unrealized +173.4%

SYK STRYKER CORPORATION 0.1%

Value ($000) $8,852 Shares 25,187 Est. Cost $80.98 Unrealized +348.8%

PEP PEPSICO INC 0.3%

Value ($000) $19,875 Shares 138,482 Est. Cost $147.19 Unrealized -0.9%

EFX EQUIFAX INC 0.0%

Value ($000) $2,855 Shares 13,157 Est. Cost $67.91 Unrealized +222.0%

TCBK TRICO BANCSHARES 0.1%

Value ($000) $8,230 Shares 173,731 Est. Cost $35.65 Unrealized +28.7%

XOM EXXON MOBIL CORP 0.1%

Value ($000) $8,793 Shares 73,067 Est. Cost $71.67 Unrealized +61.1%

BRO BROWN & BROWN INC 0.0%

Value ($000) $2,291 Shares 28,750 Est. Cost $44.84 Unrealized +85.9%

CTS CTS CORP 0.1%

Value ($000) $4,508 Shares 105,156 Est. Cost $42.69 Unrealized -1.9%

AMGN AMGEN INC 0.0%

Value ($000) $2,551 Shares 7,793 Est. Cost $103.73 Unrealized +204.6%

AZO AUTOZONE INC 0.0%

Value ($000) $1,266 Shares 373 Est. Cost $1786.06 Unrealized +111.5%

VMI VALMONT INDS INC 0.2%

Value ($000) $10,051 Shares 24,982 Est. Cost $198.37 Unrealized +105.2%

SMG SCOTTS MIRACLE-GRO CO 0.2%

Value ($000) $14,773 Shares 253,181 Est. Cost $55.60 Unrealized -0.8%

TRNO TERRENO RLTY CORP 0.2%

Value ($000) $10,085 Shares 171,776 Est. Cost $59.53 Unrealized —

HLI HOULIHAN LOKEY INC 0.0%

Value ($000) $1,466 Shares 8,416 Est. Cost $77.29 Unrealized +136.9%

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value ($000) $1,652 Shares 6,421 Est. Cost $80.49 Unrealized +229.0%

MCO MOODYS CORP 0.1%

Value ($000) $3,162 Shares 6,190 Est. Cost $69.29 Unrealized +603.3%

ALL ALLSTATE CORP 0.1%

Value ($000) $5,562 Shares 26,721 Est. Cost $92.28 Unrealized +121.2%

TGT TARGET CORP 0.0%

Value ($000) $1,971 Shares 20,163 Est. Cost $109.73 Unrealized -16.5%

WWD WOODWARD INC 0.0%

Value ($000) $962 Shares 3,180 Est. Cost $85.28 Unrealized +222.2%

WSO WATSCO INC 0.0%

Value ($000) $762 Shares 2,263 Est. Cost $133.00 Unrealized +168.5%

AZZ AZZ INC 0.2%

Value ($000) $12,558 Shares 117,165 Est. Cost $45.54 Unrealized +127.1%

LOW LOWES COS INC 0.0%

Value ($000) $2,638 Shares 10,938 Est. Cost $62.46 Unrealized +284.0%

SLP SIMULATIONS PLUS INC 0.0%

Value ($000) $693 Shares 37,990 Est. Cost $29.37 Unrealized -40.3%

WFC WELLS FARGO CO NEW 0.0%

Value ($000) $1,184 Shares 12,709 Est. Cost $47.11 Unrealized +83.9%

PGR PROGRESSIVE CORP 0.0%

Value ($000) $1,332 Shares 5,851 Est. Cost $67.08 Unrealized +216.5%

AJG GALLAGHER ARTHUR J & CO 0.0%

Value ($000) $512 Shares 1,980 Est. Cost $36.95 Unrealized +615.1%

TPR TAPESTRY INC 0.0%

Value ($000) $828 Shares 6,481 Est. Cost $29.74 Unrealized +283.4%

MFC MANULIFE FINL CORP 0.0%

Value ($000) $615 Shares 16,946 Est. Cost $30.81 Unrealized +10.2%

RCKY ROCKY BRANDS INC 0.1%

Value ($000) $5,342 Shares 182,142 Est. Cost $32.35 Unrealized -9.0%

BK BANK NEW YORK MELLON CORP 0.0%

Value ($000) $1,002 Shares 8,629 Est. Cost $33.17 Unrealized +233.2%

FUL FULLER H B CO 0.1%

Value ($000) $7,383 Shares 124,173 Est. Cost $52.77 Unrealized +10.9%

NOC NORTHROP GRUMMAN CORP 0.0%

Value ($000) $692 Shares 1,213 Est. Cost $327.44 Unrealized +76.8%

INFY INFOSYS LTD 0.0%

Value ($000) $499 Shares 28,000 Est. Cost $18.92 Unrealized —

MAR MARRIOTT INTL INC NEW 0.0%

Value ($000) $276 Shares 890 Est. Cost $249.21 Unrealized +14.5%

JOUT JOHNSON OUTDOORS INC 0.0%

Value ($000) $670 Shares 15,791 Est. Cost $75.48 Unrealized -45.2%

DE DEERE & CO 0.0%

Value ($000) $2,270 Shares 4,875 Est. Cost $191.67 Unrealized +144.0%

ECL ECOLAB INC 0.0%

Value ($000) $619 Shares 2,358 Est. Cost $108.03 Unrealized +146.0%

SCI SERVICE CORP INTL 0.0%

Value ($000) $471 Shares 6,041 Est. Cost $51.80 Unrealized +54.4%

MET METLIFE INC 0.0%

Value ($000) $700 Shares 8,871 Est. Cost $65.50 Unrealized +20.5%

LIN LINDE PLC 0.0%

Value ($000) $212 Shares 498 Est. Cost $386.86 Unrealized +10.4%

EMR EMERSON ELEC CO 0.0%

Value ($000) $2,603 Shares 19,611 Est. Cost $47.33 Unrealized +179.7%

CASY CASEYS GEN STORES INC 0.0%

Value ($000) $945 Shares 1,710 Est. Cost $141.28 Unrealized +289.0%

NSC NORFOLK SOUTHN CORP 0.0%

Value ($000) $521 Shares 1,804 Est. Cost $132.73 Unrealized +117.4%

EPD ENTERPRISE PRODS PARTNERS L 0.0%

Value ($000) $826 Shares 25,749 Est. Cost $47.29 Unrealized —

ABCB AMERIS BANCORP 0.0%

Value ($000) $1,478 Shares 19,901 Est. Cost $58.74 Unrealized +26.4%

CINF CINCINNATI FINL CORP 0.0%

Value ($000) $547 Shares 3,349 Est. Cost $50.67 Unrealized +218.2%

UNP UNION PAC CORP 0.0%

Value ($000) $826 Shares 3,570 Est. Cost $151.59 Unrealized +50.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $9,203 Shares 18,308 Est. Cost $201.00 Unrealized +147.5%

QCOM QUALCOMM INC 0.0%

Value ($000) $445 Shares 2,599 Est. Cost $103.78 Unrealized +64.6%

PEG PUBLIC SVC ENTERPRISE GRP IN 0.0%

Value ($000) $360 Shares 4,480 Est. Cost $36.83 Unrealized +120.1%

WELL WELLTOWER INC 0.0%

Value ($000) $321 Shares 1,731 Est. Cost $147.88 Unrealized +26.1%

LHX L3HARRIS TECHNOLOGIES INC 0.0%

Value ($000) $304 Shares 1,037 Est. Cost $185.79 Unrealized +55.2%

SFL SFL CORPORATION LTD 0.0%

Value ($000) $244 Shares 31,300 Est. Cost $9.25 Unrealized -16.9%

EQIX EQUINIX INC 0.0%

Value ($000) $322 Shares 420 Est. Cost $510.84 Unrealized +52.9%

TRMK TRUSTMARK CORP 0.0%

Value ($000) $373 Shares 9,588 Est. Cost $16.70 Unrealized +132.2%

MCHP MICROCHIP TECHNOLOGY INC. 0.0%

Value ($000) $486 Shares 7,620 Est. Cost $43.94 Unrealized +39.6%

ALK ALASKA AIR GROUP INC 0.0%

Value ($000) $346 Shares 6,870 Est. Cost $43.92 Unrealized +5.3%

— SAPIENS INTL CORP N V 0.0%

Value ($000) $261 Shares 6,000 Est. Cost $43.00 Unrealized —

WM WASTE MGMT INC DEL 0.0%

Value ($000) $407 Shares 1,851 Est. Cost $202.95 Unrealized +4.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	459,262	$222,108	3.7%	$35.57	+1307.3%	COM	594918104
HD	HOME DEPOT INC	281,704	$96,934	1.6%	$130.70	+179.0%	COM	437076102
GPC	GENUINE PARTS CO	835,566	$102,741	1.7%	$91.34	+40.9%	COM	372460105
ROST	ROSS STORES INC	455,451	$82,045	1.4%	$138.54	+20.3%	COM	778296103
WEC	WEC ENERGY GROUP INC	1,089,902	$114,941	1.9%	$77.85	+41.6%	COM	92939U106
JNJ	JOHNSON & JOHNSON	433,815	$89,778	1.5%	$74.28	+165.2%	COM	478160104
DGX	QUEST DIAGNOSTICS INC	496,499	$86,158	1.4%	$128.02	+42.2%	COM	74834L100
WTW	WILLIS TOWERS WATSON PLC LTD	331,415	$108,903	1.8%	$169.96	+92.1%	SHS	G96629103
SCHW	SCHWAB CHARLES CORP	1,005,932	$100,503	1.7%	$55.46	+70.8%	COM	808513105
V	VISA INC	354,428	$124,301	2.1%	$346.96	-1.9%	COM CL A	92826C839
PRU	PRUDENTIAL FINL INC	277,836	$31,362	0.5%	$111.84	-4.8%	COM	744320102
DUK	DUKE ENERGY CORP NEW	323,207	$37,883	0.6%	$77.20	+57.5%	COM NEW	26441C204
SO	SOUTHERN CO	261,457	$22,799	0.4%	$60.88	+49.3%	COM	842587107
MDT	MEDTRONIC PLC	1,361,380	$130,774	2.2%	$72.67	+33.7%	SHS	G5960L103
HAS	HASBRO INC	309,228	$25,357	0.4%	$69.33	+12.5%	COM	418056107
PM	PHILIP MORRIS INTL INC	769,729	$123,464	2.1%	$65.98	+132.8%	COM	718172109
LAZ	LAZARD INC	362,741	$17,615	0.3%	$39.33	+26.9%	COM	52110M109
TXN	TEXAS INSTRS INC	116,132	$20,148	0.3%	$47.11	+262.4%	COM	882508104
HXL	HEXCEL CORP NEW	113,716	$8,404	0.1%	$61.44	+15.1%	COM	428291108
PEGA	PEGASYSTEMS INC	521,631	$31,152	0.5%	$37.91	+54.5%	COM	705573103
USPH	U S PHYSICAL THERAPY	148,120	$11,567	0.2%	$91.07	-10.9%	COM	90337L108
KMI	KINDER MORGAN INC DEL	1,090,220	$29,970	0.5%	$19.63	+37.1%	COM	49456B101
CB	CHUBB LIMITED	26,384	$8,235	0.1%	$108.35	+169.9%	COM	H1467J104
HRB	BLOCK H & R INC	101,436	$4,421	0.1%	$33.35	+39.2%	COM	093671105
HBAN	HUNTINGTON BANCSHARES INC	2,639,518	$45,796	0.8%	$13.16	+23.8%	COM	446150104
CVX	CHEVRON CORP NEW	251,797	$38,376	0.6%	$98.66	+53.4%	COM	166764100
TMO	THERMO FISHER SCIENTIFIC INC	5,931	$3,437	0.1%	$206.68	+173.4%	COM	883556102
SYK	STRYKER CORPORATION	25,187	$8,852	0.1%	$80.98	+348.8%	COM	863667101
PEP	PEPSICO INC	138,482	$19,875	0.3%	$147.19	-0.9%	COM	713448108
EFX	EQUIFAX INC	13,157	$2,855	0.0%	$67.91	+222.0%	COM	294429105
TCBK	TRICO BANCSHARES	173,731	$8,230	0.1%	$35.65	+28.7%	COM	896095106
XOM	EXXON MOBIL CORP	73,067	$8,793	0.1%	$71.67	+61.1%	COM	30231G102
BRO	BROWN & BROWN INC	28,750	$2,291	0.0%	$44.84	+85.9%	COM	115236101
CTS	CTS CORP	105,156	$4,508	0.1%	$42.69	-1.9%	COM	126501105
AMGN	AMGEN INC	7,793	$2,551	0.0%	$103.73	+204.6%	COM	031162100
AZO	AUTOZONE INC	373	$1,266	0.0%	$1786.06	+111.5%	COM	053332102
VMI	VALMONT INDS INC	24,982	$10,051	0.2%	$198.37	+105.2%	COM	920253101
SMG	SCOTTS MIRACLE-GRO CO	253,181	$14,773	0.2%	$55.60	-0.8%	CL A	810186106
TRNO	TERRENO RLTY CORP	171,776	$10,085	0.2%	$59.53	—	COM	88146M101
HLI	HOULIHAN LOKEY INC	8,416	$1,466	0.0%	$77.29	+136.9%	CL A	441593100
ADP	AUTOMATIC DATA PROCESSING IN	6,421	$1,652	0.0%	$80.49	+229.0%	COM	053015103
MCO	MOODYS CORP	6,190	$3,162	0.1%	$69.29	+603.3%	COM	615369105
ALL	ALLSTATE CORP	26,721	$5,562	0.1%	$92.28	+121.2%	COM	020002101
TGT	TARGET CORP	20,163	$1,971	0.0%	$109.73	-16.5%	COM	87612E106
WWD	WOODWARD INC	3,180	$962	0.0%	$85.28	+222.2%	COM	980745103
WSO	WATSCO INC	2,263	$762	0.0%	$133.00	+168.5%	COM	942622200
AZZ	AZZ INC	117,165	$12,558	0.2%	$45.54	+127.1%	COM	002474104
LOW	LOWES COS INC	10,938	$2,638	0.0%	$62.46	+284.0%	COM	548661107
SLP	SIMULATIONS PLUS INC	37,990	$693	0.0%	$29.37	-40.3%	COM	829214105
WFC	WELLS FARGO CO NEW	12,709	$1,184	0.0%	$47.11	+83.9%	COM	949746101
PGR	PROGRESSIVE CORP	5,851	$1,332	0.0%	$67.08	+216.5%	COM	743315103
AJG	GALLAGHER ARTHUR J & CO	1,980	$512	0.0%	$36.95	+615.1%	COM	363576109
TPR	TAPESTRY INC	6,481	$828	0.0%	$29.74	+283.4%	COM	876030107
MFC	MANULIFE FINL CORP	16,946	$615	0.0%	$30.81	+10.2%	COM	56501R106
RCKY	ROCKY BRANDS INC	182,142	$5,342	0.1%	$32.35	-9.0%	COM	774515100
BK	BANK NEW YORK MELLON CORP	8,629	$1,002	0.0%	$33.17	+233.2%	COM	064058100
FUL	FULLER H B CO	124,173	$7,383	0.1%	$52.77	+10.9%	COM	359694106
NOC	NORTHROP GRUMMAN CORP	1,213	$692	0.0%	$327.44	+76.8%	COM	666807102
INFY	INFOSYS LTD	28,000	$499	0.0%	$18.92	—	SPONSORED ADR	456788108
MAR	MARRIOTT INTL INC NEW	890	$276	0.0%	$249.21	+14.5%	CL A	571903202
JOUT	JOHNSON OUTDOORS INC	15,791	$670	0.0%	$75.48	-45.2%	CL A	479167108
DE	DEERE & CO	4,875	$2,270	0.0%	$191.67	+144.0%	COM	244199105
ECL	ECOLAB INC	2,358	$619	0.0%	$108.03	+146.0%	COM	278865100
SCI	SERVICE CORP INTL	6,041	$471	0.0%	$51.80	+54.4%	COM	817565104
MET	METLIFE INC	8,871	$700	0.0%	$65.50	+20.5%	COM	59156R108
LIN	LINDE PLC	498	$212	0.0%	$386.86	+10.4%	SHS	G54950103
EMR	EMERSON ELEC CO	19,611	$2,603	0.0%	$47.33	+179.7%	COM	291011104
CASY	CASEYS GEN STORES INC	1,710	$945	0.0%	$141.28	+289.0%	COM	147528103
NSC	NORFOLK SOUTHN CORP	1,804	$521	0.0%	$132.73	+117.4%	COM	655844108
EPD	ENTERPRISE PRODS PARTNERS L	25,749	$826	0.0%	$47.29	—	COM	293792107
ABCB	AMERIS BANCORP	19,901	$1,478	0.0%	$58.74	+26.4%	COM	03076K108
CINF	CINCINNATI FINL CORP	3,349	$547	0.0%	$50.67	+218.2%	COM	172062101
UNP	UNION PAC CORP	3,570	$826	0.0%	$151.59	+50.0%	COM	907818108
BRK/B	BERKSHIRE HATHAWAY INC DEL	18,308	$9,203	0.2%	$201.00	+147.5%	CL B NEW	084670702
QCOM	QUALCOMM INC	2,599	$445	0.0%	$103.78	+64.6%	COM	747525103
PEG	PUBLIC SVC ENTERPRISE GRP IN	4,480	$360	0.0%	$36.83	+120.1%	COM	744573106
WELL	WELLTOWER INC	1,731	$321	0.0%	$147.88	+26.1%	COM	95040Q104
LHX	L3HARRIS TECHNOLOGIES INC	1,037	$304	0.0%	$185.79	+55.2%	COM	502431109
SFL	SFL CORPORATION LTD	31,300	$244	0.0%	$9.25	-16.9%	SHS	G7738W106
EQIX	EQUINIX INC	420	$322	0.0%	$510.84	+52.9%	COM	29444U700
TRMK	TRUSTMARK CORP	9,588	$373	0.0%	$16.70	+132.2%	COM	898402102
MCHP	MICROCHIP TECHNOLOGY INC.	7,620	$486	0.0%	$43.94	+39.6%	COM	595017104
ALK	ALASKA AIR GROUP INC	6,870	$346	0.0%	$43.92	+5.3%	COM	011659109
—	SAPIENS INTL CORP N V	6,000	$261	0.0%	$43.00	—	SHS	G7T16G103
WM	WASTE MGMT INC DEL	1,851	$407	0.0%	$202.95	+4.7%	COM	94106L109