VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	594,115	$161,516	1.6%	$268.34	0.0%	COMMON	037833100
CWK	CUSHMAN & WAKEFIELD PLC	9,229,679	$149,429	1.5%	$15.85	0.0%	COMMON	G2717C106
SNPS	SYNOPSYS INC	178,998	$84,079	0.8%	$444.23	0.0%	COMMON	871607107
CSL	CARLISLE COS INC	239,560	$76,626	0.7%	$322.65	0.0%	COMMON	142339100
AROC	ARCHROCK INC	2,349,875	$61,144	0.6%	$24.62	0.0%	COMMON	03957W106
BA	BOEING CO	256,940	$55,787	0.5%	$205.66	0.0%	COMMON	097023105
CW	CURTISS-WRIGHT CORP	92,675	$51,089	0.5%	$557.64	0.0%	COMMON	231561101
BAH	BOOZ ALLEN HAMILTON HOLDING	537,300	$45,327	0.4%	$88.51	0.0%	COMMON	099502106
AMAT	APPLIED MATERIALS	173,770	$44,657	0.4%	$239.49	0.0%	COMMON	038222105
IQV	IQIVA HOLDINGS INC	195,165	$43,992	0.4%	$217.58	0.0%	COMMON	46266C105
FCN	FTI CONSULTING INC	254,730	$43,516	0.4%	$164.86	0.0%	COMMON	302941109
CHDN	CHURCHILL DOWNS INC	381,740	$43,434	0.4%	$103.46	0.0%	COMMON	171484108
ATI	ALLEGHENY TECHNOLOGIES INC	377,550	$43,328	0.4%	$97.45	0.0%	COMMON	01741R102
ROAD	CONSTRUCTION PARTNERS INC-A	391,695	$42,518	0.4%	$112.57	0.0%	COMMON	21044C107
DASH	DOORDASH INC - A	184,175	$41,712	0.4%	$234.56	0.0%	COMMON	25809K105
HLNE	HAMILTON LANE INC-CLASS A	304,185	$40,855	0.4%	$125.75	0.0%	COMMON	407497106
RKT	ROCKET COS INC-CLASS A	2,089,610	$40,455	0.4%	$17.88	0.0%	COMMON	77311W101
ALG	ALAMO GROUP INC	233,590	$39,213	0.4%	$173.78	0.0%	COMMON	011311107
IFF	INTL FLAV & FRAG	566,150	$38,153	0.4%	$64.40	0.0%	COMMON	459506101
WERN	WERNER ENTERPIRSES INC	1,139,653	$34,201	0.3%	$27.47	0.0%	COMMON	950755108
MIR	MIRION TECHNOLOGIES INC	1,332,550	$31,208	0.3%	$24.94	0.0%	COMMON	60471A101
SNDR	SCHNEIDER NATIONAL INC-CL B	1,110,775	$29,469	0.3%	$23.61	0.0%	COMMON	80689H102
TTI	TETRA TECHNOLOGIES INC	2,706,375	$25,359	0.2%	$7.72	0.0%	COMMON	88162F105
EOSE	EOS ENERGY ENTERPRISES INC	1,948,500	$22,330	0.2%	$14.37	0.0%	COMMON	29415C101
SNDK	SANDISK CORP	67,480	$16,018	0.2%	$200.29	0.0%	COMMON	80004C200
RXO	RXO INC-W/I	888,005	$11,224	0.1%	$14.75	0.0%	COMMON	74982T103
SFM	SPROUTS FARMERS MARKETS LLC	30,695	$2,445	0.0%	$89.72	0.0%	COMMON	85208M102
GGAL	GRUPO FINANCIERO GALICIA-ADR	43,295	$2,335	0.0%	$53.94	—	ADR	399909100
PFF	ISHARES PREFERRED & INCOME S	2,735	$85	0.0%	$30.96	—	Exchange Traded Funds - Debt	464288687

Increased Positions (48)

AVGO BROADCOM INC 1.9%

Value ($000) $189,306 (+128.4%) Shares 546,968 (+117.7%) Est. Cost $286.92 Unrealized +24.4%

NUE NUCOR CORP 1.2%

Value ($000) $127,216 (+223.9%) Shares 779,940 (+169.0%) Est. Cost $146.33 Unrealized +2.4%

CRUS CIRRUS LOGIC INC 0.4%

Value ($000) $46,005 (+511.3%) Shares 388,225 (+546.3%) Est. Cost $121.29 Unrealized +1.5%

FTI TECHNIPFMC PLC 0.5%

Value ($000) $55,196 (+127.6%) Shares 1,238,688 (+101.5%) Est. Cost $33.07 Unrealized +27.6%

NOW SERVICENOW INC 0.7%

Value ($000) $76,247 (-26.0%) Shares 497,731 (+344.5%) Est. Cost $167.89 Unrealized +2.2%

COKE COCA-COLA BOTTLING CO CONSOL 0.9%

Value ($000) $88,019 (+39.7%) Shares 574,165 (+6.8%) Est. Cost $116.87 Unrealized +25.3%

NDAQ NASDAQ INC 0.6%

Value ($000) $57,361 (+70.8%) Shares 590,559 (+55.5%) Est. Cost $66.72 Unrealized +34.5%

LUMN LUMEN TECHNOLOGIES INC 0.4%

Value ($000) $37,050 (+100.9%) Shares 4,768,300 (+58.3%) Est. Cost $6.06 Unrealized +35.8%

MLI MUELLER INDUSTTRIES INC 0.7%

Value ($000) $67,945 (+31.2%) Shares 591,855 (+15.6%) Est. Cost $93.57 Unrealized +14.7%

WCC WESCO INTERNATIONAL INC 0.9%

Value ($000) $91,378 (+17.4%) Shares 373,520 (+1.5%) Est. Cost $165.14 Unrealized +48.3%

CMC COMMERCIAL METALS CO 0.7%

Value ($000) $67,655 (+24.4%) Shares 977,385 (+2.9%) Est. Cost $55.18 Unrealized +13.1%

CSW CSW INDUSTRIALS INC 0.5%

Value ($000) $53,434 (+27.9%) Shares 182,040 (+5.8%) Est. Cost $267.65 Unrealized -0.5%

BRK/B BERKSHIRE HATHAWAY INC CL B 1.2%

Value ($000) $124,925 (+9.9%) Shares 248,532 (+9.9%) Est. Cost $443.41 Unrealized +12.2%

HWKN HAWKINS INC 0.5%

Value ($000) $54,470 (-16.7%) Shares 383,427 (+7.1%) Est. Cost $123.30 Unrealized +19.4%

DIS THE WALT DISNEY CO 1.1%

Value ($000) $111,956 (+10.3%) Shares 984,053 (+11.0%) Est. Cost $95.48 Unrealized +14.7%

CMS CMS ENERGY CORP 0.5%

Value ($000) $55,631 (+20.4%) Shares 795,529 (+26.2%) Est. Cost $69.32 Unrealized +4.6%

SN SHARKNINJA INC 0.3%

Value ($000) $34,147 (+38.0%) Shares 305,155 (+27.2%) Est. Cost $110.86 Unrealized -11.1%

PVH PVH CORPORATION 0.6%

Value ($000) $65,270 (-12.2%) Shares 973,895 (+9.7%) Est. Cost $78.45 Unrealized -0.3%

LNT ALLIANT ENERGY CORP 0.6%

Value ($000) $56,542 (+18.7%) Shares 869,740 (+23.1%) Est. Cost $61.40 Unrealized +8.8%

ACA ARCOSA INC 0.4%

Value ($000) $45,367 (+22.5%) Shares 426,705 (+8.0%) Est. Cost $93.48 Unrealized +7.9%

NE NOBLE CORP PLC 0.3%

Value ($000) $30,029 (+37.9%) Shares 1,063,345 (+38.1%) Est. Cost $28.02 Unrealized +4.3%

WEC WEC ENERGY GROUP 0.5%

Value ($000) $55,822 (+16.1%) Shares 529,319 (+26.2%) Est. Cost $102.26 Unrealized +7.8%

PFGC PERFORMANCE FOOD GROUP CO 0.4%

Value ($000) $39,668 (+19.0%) Shares 441,146 (+37.7%) Est. Cost $70.41 Unrealized +37.2%

HOOD ROBINHOOD MARKETS INC - A 0.3%

Value ($000) $32,633 (-13.7%) Shares 288,535 (+9.2%) Est. Cost $110.83 Unrealized +17.3%

YPF YPF S.A.-SPONSORED ADR 0.1%

Value ($000) $9,487 (+80.7%) Shares 262,370 (+21.4%) Est. Cost $12.72 Unrealized —

A AGILENT TECHNOLOGIES INC 0.3%

Value ($000) $27,587 (+18.1%) Shares 202,742 (+11.4%) Est. Cost $119.07 Unrealized +20.7%

IBP INSTALLED BUILDING PRODUCTS 0.3%

Value ($000) $33,438 (+13.1%) Shares 128,911 (+7.6%) Est. Cost $154.27 Unrealized +67.4%

CCC CCC INTELLIGENT SOLUTIONS HO 0.5%

Value ($000) $50,356 (-7.0%) Shares 6,334,100 (+6.6%) Est. Cost $9.02 Unrealized -9.8%

VVV VALVOLINE INC 0.8%

Value ($000) $78,460 (-4.4%) Shares 2,699,938 (+18.1%) Est. Cost $35.77 Unrealized -10.2%

MAS MASCO CORP 0.4%

Value ($000) $39,428 (-7.8%) Shares 621,305 (+2.2%) Est. Cost $69.79 Unrealized -7.2%

GATX GATX CORP 0.8%

Value ($000) $82,359 (+3.6%) Shares 485,610 (+6.7%) Est. Cost $112.31 Unrealized +46.3%

CLH CLEAN HARBORS INC 0.8%

Value ($000) $86,963 (+3.2%) Shares 370,875 (+2.2%) Est. Cost $224.28 Unrealized +1.9%

EVRG EVERGY INC 0.5%

Value ($000) $55,675 (+4.6%) Shares 768,034 (+9.7%) Est. Cost $65.45 Unrealized +15.3%

CCL CARNIVAL CORP CL A 0.1%

Value ($000) $13,863 (+18.1%) Shares 453,923 (+11.8%) Est. Cost $17.32 Unrealized +61.0%

GE GENERAL ELECTRIC 0.3%

Value ($000) $28,051 (+4.8%) Shares 91,065 (+2.4%) Est. Cost $220.49 Unrealized +36.4%

EOG EOG RESOURCES INC 0.0%

Value ($000) $3,263 (+59.2%) Shares 31,070 (+70.0%) Est. Cost $117.19 Unrealized -8.5%

CR CRANE CO-W/I 0.3%

Value ($000) $28,274 (+3.5%) Shares 153,307 (+3.3%) Est. Cost $111.39 Unrealized +66.4%

MTH MERITAGE CORP 0.4%

Value ($000) $38,243 (+2.0%) Shares 581,200 (+12.3%) Est. Cost $73.75 Unrealized -6.1%

ISRG INTUITIVE SURGICAL INC 0.0%

Value ($000) $1,764 (+48.9%) Shares 3,115 (+17.5%) Est. Cost $487.71 Unrealized +9.2%

GXO GXO LOGISTICS INC 0.4%

Value ($000) $36,644 (+1.1%) Shares 696,130 (+1.5%) Est. Cost $49.81 Unrealized +5.5%

RCL ROYAL CARIBBEAN CRUISES LTD 0.1%

Value ($000) $11,527 (+3.4%) Shares 41,327 (+19.9%) Est. Cost $149.77 Unrealized +88.0%

BBWI BATH & BODY WORKS INC 0.4%

Value ($000) $42,815 (-0.7%) Shares 2,132,245 (+27.4%) Est. Cost $27.36 Unrealized -20.6%

TLN TALEN ENERGY CORP 0.2%

Value ($000) $16,962 (-1.5%) Shares 45,250 (+11.8%) Est. Cost $364.18 Unrealized +6.7%

IWS ISHARES RUSSELL MIDCAP VALUE INDEX FUND 0.0%

Value ($000) $251 (+160.5%) Shares 1,780 (+158.0%) Est. Cost $114.00 Unrealized —

MELI MERCADOLIBRE INC 0.1%

Value ($000) $5,251 (-2.6%) Shares 2,607 (+13.0%) Est. Cost $2007.73 Unrealized +4.6%

BRO BROWN & BROWN INC 0.0%

Value ($000) $4,979 (+1.7%) Shares 62,475 (+19.6%) Est. Cost $88.43 Unrealized -5.7%

NMRK NEWMARK GROUP INC-CLASS A 0.0%

Value ($000) $1,294 (+5.1%) Shares 74,600 (+13.1%) Est. Cost $16.34 Unrealized +7.1%

TMHC TAYLOR MORRISON HOME CORP-A 0.4%

Value ($000) $38,215 (+0.1%) Shares 649,140 (+12.2%) Est. Cost $65.31 Unrealized -6.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AVGO	BROADCOM INC	546,968 (+117.7%)	$189,306 (+128.4%)	1.9%	$286.92	+24.4%	COMMON	11135F101
NUE	NUCOR CORP	779,940 (+169.0%)	$127,216 (+223.9%)	1.2%	$146.33	+2.4%	COMMON	670346105
CRUS	CIRRUS LOGIC INC	388,225 (+546.3%)	$46,005 (+511.3%)	0.4%	$121.29	+1.5%	COMMON	172755100
FTI	TECHNIPFMC PLC	1,238,688 (+101.5%)	$55,196 (+127.6%)	0.5%	$33.07	+27.6%	COMMON	G87110105
NOW	SERVICENOW INC	497,731 (+344.5%)	$76,247 (-26.0%)	0.7%	$167.89	+2.2%	COMMON	81762P102
COKE	COCA-COLA BOTTLING CO CONSOL	574,165 (+6.8%)	$88,019 (+39.7%)	0.9%	$116.87	+25.3%	COMMON	191098102
NDAQ	NASDAQ INC	590,559 (+55.5%)	$57,361 (+70.8%)	0.6%	$66.72	+34.5%	COMMON	631103108
LUMN	LUMEN TECHNOLOGIES INC	4,768,300 (+58.3%)	$37,050 (+100.9%)	0.4%	$6.06	+35.8%	COMMON	550241103
MLI	MUELLER INDUSTTRIES INC	591,855 (+15.6%)	$67,945 (+31.2%)	0.7%	$93.57	+14.7%	COMMON	624756102
WCC	WESCO INTERNATIONAL INC	373,520 (+1.5%)	$91,378 (+17.4%)	0.9%	$165.14	+48.3%	COMMON	95082P105
CMC	COMMERCIAL METALS CO	977,385 (+2.9%)	$67,655 (+24.4%)	0.7%	$55.18	+13.1%	COMMON	201723103
CSW	CSW INDUSTRIALS INC	182,040 (+5.8%)	$53,434 (+27.9%)	0.5%	$267.65	-0.5%	COMMON	126402106
BRK/B	BERKSHIRE HATHAWAY INC CL B	248,532 (+9.9%)	$124,925 (+9.9%)	1.2%	$443.41	+12.2%	COMMON	084670702
HWKN	HAWKINS INC	383,427 (+7.1%)	$54,470 (-16.7%)	0.5%	$123.30	+19.4%	COMMON	420261109
DIS	THE WALT DISNEY CO	984,053 (+11.0%)	$111,956 (+10.3%)	1.1%	$95.48	+14.7%	COMMON	254687106
CMS	CMS ENERGY CORP	795,529 (+26.2%)	$55,631 (+20.4%)	0.5%	$69.32	+4.6%	COMMON	125896100
SN	SHARKNINJA INC	305,155 (+27.2%)	$34,147 (+38.0%)	0.3%	$110.86	-11.1%	COMMON	G8068L108
PVH	PVH CORPORATION	973,895 (+9.7%)	$65,270 (-12.2%)	0.6%	$78.45	-0.3%	COMMON	693656100
LNT	ALLIANT ENERGY CORP	869,740 (+23.1%)	$56,542 (+18.7%)	0.6%	$61.40	+8.8%	COMMON	018802108
ACA	ARCOSA INC	426,705 (+8.0%)	$45,367 (+22.5%)	0.4%	$93.48	+7.9%	COMMON	039653100
NE	NOBLE CORP PLC	1,063,345 (+38.1%)	$30,029 (+37.9%)	0.3%	$28.02	+4.3%	COMMON	G65431127
WEC	WEC ENERGY GROUP	529,319 (+26.2%)	$55,822 (+16.1%)	0.5%	$102.26	+7.8%	COMMON	92939U106
PFGC	PERFORMANCE FOOD GROUP CO	441,146 (+37.7%)	$39,668 (+19.0%)	0.4%	$70.41	+37.2%	COMMON	71377A103
HOOD	ROBINHOOD MARKETS INC - A	288,535 (+9.2%)	$32,633 (-13.7%)	0.3%	$110.83	+17.3%	COMMON	770700102
YPF	YPF S.A.-SPONSORED ADR	262,370 (+21.4%)	$9,487 (+80.7%)	0.1%	$12.72	—	ADR	984245100
A	AGILENT TECHNOLOGIES INC	202,742 (+11.4%)	$27,587 (+18.1%)	0.3%	$119.07	+20.7%	COMMON	00846U101
IBP	INSTALLED BUILDING PRODUCTS	128,911 (+7.6%)	$33,438 (+13.1%)	0.3%	$154.27	+67.4%	COMMON	45780R101
CCC	CCC INTELLIGENT SOLUTIONS HO	6,334,100 (+6.6%)	$50,356 (-7.0%)	0.5%	$9.02	-9.8%	COMMON	12510Q100
VVV	VALVOLINE INC	2,699,938 (+18.1%)	$78,460 (-4.4%)	0.8%	$35.77	-10.2%	COMMON	92047W101
MAS	MASCO CORP	621,305 (+2.2%)	$39,428 (-7.8%)	0.4%	$69.79	-7.2%	COMMON	574599106
GATX	GATX CORP	485,610 (+6.7%)	$82,359 (+3.6%)	0.8%	$112.31	+46.3%	COMMON	361448103
CLH	CLEAN HARBORS INC	370,875 (+2.2%)	$86,963 (+3.2%)	0.8%	$224.28	+1.9%	COMMON	184496107
EVRG	EVERGY INC	768,034 (+9.7%)	$55,675 (+4.6%)	0.5%	$65.45	+15.3%	COMMON	30034W106
CCL	CARNIVAL CORP CL A	453,923 (+11.8%)	$13,863 (+18.1%)	0.1%	$17.32	+61.0%	COMMON	143658300
GE	GENERAL ELECTRIC	91,065 (+2.4%)	$28,051 (+4.8%)	0.3%	$220.49	+36.4%	COMMON	369604301
EOG	EOG RESOURCES INC	31,070 (+70.0%)	$3,263 (+59.2%)	0.0%	$117.19	-8.5%	COMMON	26875P101
CR	CRANE CO-W/I	153,307 (+3.3%)	$28,274 (+3.5%)	0.3%	$111.39	+66.4%	COMMON	224408104
MTH	MERITAGE CORP	581,200 (+12.3%)	$38,243 (+2.0%)	0.4%	$73.75	-6.1%	COMMON	59001A102
ISRG	INTUITIVE SURGICAL INC	3,115 (+17.5%)	$1,764 (+48.9%)	0.0%	$487.71	+9.2%	COMMON	46120E602
GXO	GXO LOGISTICS INC	696,130 (+1.5%)	$36,644 (+1.1%)	0.4%	$49.81	+5.5%	COMMON	36262G101
RCL	ROYAL CARIBBEAN CRUISES LTD	41,327 (+19.9%)	$11,527 (+3.4%)	0.1%	$149.77	+88.0%	COMMON	V7780T103
BBWI	BATH & BODY WORKS INC	2,132,245 (+27.4%)	$42,815 (-0.7%)	0.4%	$27.36	-20.6%	COMMON	070830104
TLN	TALEN ENERGY CORP	45,250 (+11.8%)	$16,962 (-1.5%)	0.2%	$364.18	+6.7%	COMMON	87422Q109
IWS	ISHARES RUSSELL MIDCAP VALUE INDEX FUND	1,780 (+158.0%)	$251 (+160.5%)	0.0%	$114.00	—	Exchange Traded Funds	464287473
MELI	MERCADOLIBRE INC	2,607 (+13.0%)	$5,251 (-2.6%)	0.1%	$2007.73	+4.6%	COMMON	58733R102
BRO	BROWN & BROWN INC	62,475 (+19.6%)	$4,979 (+1.7%)	0.0%	$88.43	-5.7%	COMMON	115236101
NMRK	NEWMARK GROUP INC-CLASS A	74,600 (+13.1%)	$1,294 (+5.1%)	0.0%	$16.34	+7.1%	COMMON	65158N102
TMHC	TAYLOR MORRISON HOME CORP-A	649,140 (+12.2%)	$38,215 (+0.1%)	0.4%	$65.31	-6.4%	COMMON	87724P106

Exited Positions (13)

SPOT SPOTIFY TECHNOLOGY SA 1.7%

Value ($000) $175,632 Shares 251,622 Est. Cost $641.84 Unrealized -2.6%

— CUSHMAN & WAKEFIELD PLC 1.5%

Value ($000) $149,609 Shares 9,397,534 Est. Cost $3.51 Unrealized —

MSI MOTOROLA SOLUTIONS INC 1.3%

Value ($000) $135,523 Shares 296,362 Est. Cost $397.09 Unrealized +0.9%

SHW SHERWIN WILLIAMS 1.1%

Value ($000) $117,424 Shares 339,120 Est. Cost $291.03 Unrealized +14.8%

MDLZ MONDELEZ INTERNATIONAL INC-A 0.9%

Value ($000) $95,091 Shares 1,522,194 Est. Cost $60.31 Unrealized -5.4%

MOH MOLINA HEALTHCARE INC 0.5%

Value ($000) $52,813 Shares 275,990 Est. Cost $184.06 Unrealized -10.7%

TNET TRINET GROUP INC 0.5%

Value ($000) $47,883 Shares 715,840 Est. Cost $78.89 Unrealized -25.0%

NXT NEXTRACKER INC-CL A 0.2%

Value ($000) $16,839 Shares 227,585 Est. Cost $64.43 Unrealized +40.7%

RRC RANGE RESOURCES CORP 0.0%

Value ($000) $2,454 Shares 65,185 Est. Cost $32.69 Unrealized +13.9%

KDP KEURIG DR PEPPER INC 0.0%

Value ($000) $2,316 Shares 90,795 Est. Cost $31.29 Unrealized -13.0%

HSAI HESAI GROUP 0.0%

Value ($000) $1,117 Shares 39,740 Est. Cost $28.10 Unrealized —

COP CONOCOPHILLIPS 0.0%

Value ($000) $1,001 Shares 10,580 Est. Cost $40.51 Unrealized +122.2%

INTC INTEL CORP 0.0%

Value ($000) $142 Shares 4,225 Est. Cost $35.55 Unrealized +6.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPOT	SPOTIFY TECHNOLOGY SA	251,622	$175,632	1.7%	$641.84	-2.6%	—	L8681T102
—	CUSHMAN & WAKEFIELD PLC	9,397,534	$149,609	1.5%	$3.51	—	—	G2717B108
MSI	MOTOROLA SOLUTIONS INC	296,362	$135,523	1.3%	$397.09	+0.9%	—	620076307
SHW	SHERWIN WILLIAMS	339,120	$117,424	1.1%	$291.03	+14.8%	—	824348106
MDLZ	MONDELEZ INTERNATIONAL INC-A	1,522,194	$95,091	0.9%	$60.31	-5.4%	—	609207105
MOH	MOLINA HEALTHCARE INC	275,990	$52,813	0.5%	$184.06	-10.7%	—	60855R100
TNET	TRINET GROUP INC	715,840	$47,883	0.5%	$78.89	-25.0%	—	896288107
NXT	NEXTRACKER INC-CL A	227,585	$16,839	0.2%	$64.43	+40.7%	—	65290E101
RRC	RANGE RESOURCES CORP	65,185	$2,454	0.0%	$32.69	+13.9%	—	75281A109
KDP	KEURIG DR PEPPER INC	90,795	$2,316	0.0%	$31.29	-13.0%	—	49271V100
HSAI	HESAI GROUP	39,740	$1,117	0.0%	$28.10	—	—	428050108
COP	CONOCOPHILLIPS	10,580	$1,001	0.0%	$40.51	+122.2%	—	20825C104
INTC	INTEL CORP	4,225	$142	0.0%	$35.55	+6.2%	—	458140100

Decreased Positions (107)

WAL WESTERN ALLIANCE BANCORP 0.3%

Value ($000) $34,105 (-82.1%) Shares 405,677 (-81.5%) Est. Cost $55.07 Unrealized +46.4%

CMA COMERICA INC 0.0%

Value ($000) $20 (-100.0%) Shares 235 (-100.0%) Est. Cost $44.32 Unrealized +80.5%

CIEN CIENA CORP 0.1%

Value ($000) $14,842 (-85.7%) Shares 63,462 (-91.1%) Est. Cost $68.45 Unrealized +183.4%

TDG TRANSDIGM GROUP INC 0.1%

Value ($000) $7,204 (-91.9%) Shares 5,417 (-92.0%) Est. Cost $1318.32 Unrealized -0.6%

CADE CADENCE BANK 0.3%

Value ($000) $34,215 (-68.9%) Shares 798,680 (-72.8%) Est. Cost $25.34 Unrealized +55.6%

MSFT MICROSOFT CORP 2.3%

Value ($000) $238,185 (-22.4%) Shares 492,504 (-16.8%) Est. Cost $96.90 Unrealized +416.6%

URI UNITED RENTALS INC 1.5%

Value ($000) $157,547 (-29.0%) Shares 194,666 (-16.2%) Est. Cost $694.62 Unrealized +24.8%

COF CAPITAL ONE FINL CORP 1.2%

Value ($000) $117,670 (-35.0%) Shares 485,517 (-43.0%) Est. Cost $189.26 Unrealized +17.4%

RSG REPUBLIC SERVICES INC 0.0%

Value ($000) $29 (-100.0%) Shares 135 (-100.0%) Est. Cost $228.88 Unrealized -6.2%

XYL XYLEM INC 0.8%

Value ($000) $77,857 (-43.8%) Shares 571,718 (-39.1%) Est. Cost $122.10 Unrealized +17.6%

META META PLATFORMS INC-A 1.8%

Value ($000) $179,327 (-24.7%) Shares 271,670 (-16.2%) Est. Cost $594.11 Unrealized +12.3%

NVDA NVIDIA CORP 2.9%

Value ($000) $293,128 (-16.4%) Shares 1,571,733 (-16.3%) Est. Cost $90.84 Unrealized +104.9%

COHR COHERANT CORP 1.1%

Value ($000) $111,846 (-31.8%) Shares 605,981 (-60.2%) Est. Cost $74.48 Unrealized +100.8%

ORLY OREILLY AUTOMOTIVE INC 1.2%

Value ($000) $119,427 (-29.2%) Shares 1,309,361 (-16.3%) Est. Cost $88.85 Unrealized +10.0%

JPM JP MORGAN CHASE & CO 1.7%

Value ($000) $173,994 (-21.7%) Shares 539,986 (-23.4%) Est. Cost $155.89 Unrealized +98.6%

LLY ELI LILLY & CO 2.4%

Value ($000) $247,199 (+22.6%) Shares 230,021 (-13.0%) Est. Cost $742.24 Unrealized +28.7%

ICE INTERCONTINENTAL EXCHANGE INC 1.0%

Value ($000) $107,317 (-28.0%) Shares 662,613 (-25.1%) Est. Cost $123.61 Unrealized +26.4%

TSM TAIWAN SEMICONDUCTOR-SP ADR 2.1%

Value ($000) $218,947 (-14.1%) Shares 720,480 (-21.1%) Est. Cost $0.20 Unrealized —

AMZN AMAZON.COM INC 2.6%

Value ($000) $264,911 (-11.5%) Shares 1,147,695 (-15.8%) Est. Cost $123.01 Unrealized +86.0%

ETN EATON CORP PLC 1.1%

Value ($000) $117,322 (-21.9%) Shares 368,345 (-8.3%) Est. Cost $306.71 Unrealized +15.5%

TREX TREX COMPANY INC 0.0%

Value ($000) $11 (-100.0%) Shares 320 (-99.9%) Est. Cost $59.04 Unrealized -31.5%

OWL BLUE OWL CAPITAL INC 0.2%

Value ($000) $19,987 (-59.5%) Shares 1,337,790 (-54.1%) Est. Cost $19.12 Unrealized -18.2%

AMRZ AMRIZE LTD 0.6%

Value ($000) $63,528 (-31.1%) Shares 1,174,704 (-38.1%) Est. Cost $50.99 Unrealized +0.1%

AZO AUTOZONE INC 0.0%

Value ($000) $64 (-99.8%) Shares 19 (-99.7%) Est. Cost $3177.65 Unrealized +18.9%

BJ BJS WHOLESALE CLUB HOLDINGS 0.3%

Value ($000) $29,568 (-45.7%) Shares 328,426 (-43.7%) Est. Cost $102.73 Unrealized -10.6%

FND FLOOR & DECOR HOLDINGS INC-A 0.2%

Value ($000) $16,547 (-59.8%) Shares 271,754 (-51.3%) Est. Cost $76.06 Unrealized -14.8%

FCFS FIRST CASH FINANCIAL SERVICES INC 0.7%

Value ($000) $69,241 (-25.2%) Shares 434,442 (-25.7%) Est. Cost $110.59 Unrealized +42.0%

RUSHA RUSH ENTERPRISES INC CL A 0.4%

Value ($000) $41,052 (-34.9%) Shares 761,066 (-35.5%) Est. Cost $40.79 Unrealized +27.4%

HRI HERC HOLDINGS INC 0.9%

Value ($000) $88,292 (-19.8%) Shares 595,037 (-36.9%) Est. Cost $124.21 Unrealized +9.5%

HII HUNTINGTON INGALLS INDUSTRIES 0.7%

Value ($000) $71,675 (-23.3%) Shares 210,765 (-35.1%) Est. Cost $205.17 Unrealized +50.8%

HXL HEXCEL CORP 0.8%

Value ($000) $82,586 (-20.7%) Shares 1,117,535 (-32.7%) Est. Cost $56.97 Unrealized +24.1%

GOOGL ALPHABET INC-CL A 3.0%

Value ($000) $303,981 (+7.6%) Shares 971,186 (-16.4%) Est. Cost $112.63 Unrealized +153.6%

FAF FIRST AMERICAN FINL CORP 0.0%

Value ($000) $211 (-99.0%) Shares 3,440 (-98.9%) Est. Cost $62.08 Unrealized +0.4%

AEO AMERICAN EAGLE OUTFITTERS 0.0%

Value ($000) $30 (-99.9%) Shares 1,130 (-99.9%) Est. Cost $12.79 Unrealized +53.7%

BLD TOPBUILD CORP 0.8%

Value ($000) $78,628 (-19.3%) Shares 188,471 (-24.4%) Est. Cost $381.92 Unrealized +12.3%

MPWR MONOLITHIC POWER SYSTEMS INC 2.3%

Value ($000) $233,518 (-6.9%) Shares 257,644 (-5.5%) Est. Cost $495.28 Unrealized +94.0%

WRBY WARBY PARKER INC-CLASS A 0.5%

Value ($000) $50,241 (-24.8%) Shares 2,305,680 (-4.8%) Est. Cost $17.21 Unrealized +26.5%

AXON AXON ENTERPRISE INC 0.2%

Value ($000) $24,218 (-38.7%) Shares 42,642 (-22.5%) Est. Cost $489.32 Unrealized +26.8%

EXE EXPAND ENERGY CORP 0.7%

Value ($000) $66,833 (-18.2%) Shares 605,590 (-21.3%) Est. Cost $89.89 Unrealized +23.1%

SYF SYNCHRONY FINANCIAL 0.2%

Value ($000) $23,707 (-34.7%) Shares 284,156 (-44.4%) Est. Cost $55.34 Unrealized +37.9%

BLDR BUILDERS FIRSTSOURCE INC 0.0%

Value ($000) $5 (-100.0%) Shares 50 (-100.0%) Est. Cost $134.20 Unrealized -16.3%

EXP EAGLE MATERIALS INC 0.6%

Value ($000) $64,854 (-15.6%) Shares 313,790 (-4.8%) Est. Cost $222.23 Unrealized -0.8%

CFR CULLEN FROST BANKERS INC 0.9%

Value ($000) $93,630 (-11.2%) Shares 739,402 (-11.1%) Est. Cost $113.78 Unrealized +9.7%

FN FABRINET 0.1%

Value ($000) $8,654 (-56.1%) Shares 19,009 (-64.9%) Est. Cost $185.08 Unrealized +135.0%

SANM SANMINA CORP 0.7%

Value ($000) $72,619 (+17.2%) Shares 483,900 (-10.1%) Est. Cost $112.45 Unrealized +31.3%

ZION ZIONS BANCORP 1.7%

Value ($000) $173,537 (-5.5%) Shares 2,964,419 (-8.6%) Est. Cost $40.86 Unrealized +33.3%

VST VISTRA CORP 0.0%

Value ($000) $4 (-100.0%) Shares 25 (-100.0%) Est. Cost $96.58 Unrealized +88.4%

FLS FLOWSERVE CORP 0.4%

Value ($000) $45,154 (+28.2%) Shares 650,815 (-1.8%) Est. Cost $50.56 Unrealized +26.8%

BRKR BRUKER BIOSCIENCES CORP 0.8%

Value ($000) $77,294 (+13.8%) Shares 1,640,715 (-21.5%) Est. Cost $46.39 Unrealized -9.0%

SSNC SS&C TECHNOLOGIES HOLDINGS 0.0%

Value ($000) $18 (-99.8%) Shares 205 (-99.7%) Est. Cost $82.77 Unrealized +3.0%

BURL BURLINGTON STORES INC 0.7%

Value ($000) $68,399 (+10.6%) Shares 236,799 (-2.6%) Est. Cost $237.68 Unrealized +14.1%

VRT VERTIV HOLDINGS CO 0.1%

Value ($000) $9,866 (-38.7%) Shares 60,898 (-42.9%) Est. Cost $80.22 Unrealized +116.4%

DHI D.R. HORTON INC 0.2%

Value ($000) $23,168 (-16.9%) Shares 160,853 (-2.2%) Est. Cost $141.57 Unrealized +7.4%

PH PARKER HANNIFIN 0.4%

Value ($000) $37,076 (+13.4%) Shares 42,182 (-2.1%) Est. Cost $637.55 Unrealized +28.3%

ESI ELEMENT SOLUTIONS INC 1.0%

Value ($000) $107,186 (-3.8%) Shares 4,289,160 (-3.1%) Est. Cost $14.08 Unrealized +84.1%

TW TRADEWEB MARKETS INC-CLASS A 0.0%

Value ($000) $15 (-99.6%) Shares 140 (-99.6%) Est. Cost $132.91 Unrealized -19.2%

GEV GE VERNOVA INC 0.2%

Value ($000) $16,629 (-18.8%) Shares 25,444 (-23.6%) Est. Cost $321.92 Unrealized +89.2%

JBTM JBT MAREL GROUP 0.7%

Value ($000) $74,566 (+5.1%) Shares 494,895 (-2.0%) Est. Cost $115.54 Unrealized +22.0%

THG HANOVER INSURANCE GROUP INC/TH 0.8%

Value ($000) $79,949 (-4.2%) Shares 437,430 (-4.8%) Est. Cost $159.93 Unrealized +12.0%

IWN ISHARES RUSSELL 2000 VALUE INDEX FUND 2.0%

Value ($000) $200,485 (-1.5%) Shares 1,106,370 (-3.9%) Est. Cost $7.01 Unrealized —

ABBV ABBVIE INC 0.0%

Value ($000) $2,002 (-59.1%) Shares 8,760 (-58.6%) Est. Cost $79.21 Unrealized +187.3%

MUR MURPHY OIL USA INC 0.6%

Value ($000) $63,062 (+4.7%) Shares 2,017,992 (-4.8%) Est. Cost $29.93 Unrealized -1.1%

SR SPIRE INC 0.8%

Value ($000) $78,948 (-3.5%) Shares 954,632 (-4.8%) Est. Cost $8.33 Unrealized —

ALLE ALLEGION PLC 0.2%

Value ($000) $19,927 (-12.0%) Shares 125,156 (-2.0%) Est. Cost $109.06 Unrealized +52.8%

MS MORGAN STANLEY 0.0%

Value ($000) $1,560 (-63.4%) Shares 8,790 (-67.2%) Est. Cost $53.35 Unrealized +212.1%

IBM IBM 0.0%

Value ($000) $1,518 (-63.9%) Shares 5,125 (-65.6%) Est. Cost $131.75 Unrealized +126.8%

AJG GALLAGHER A J 0.0%

Value ($000) $1,238 (-67.7%) Shares 4,785 (-61.4%) Est. Cost $280.41 Unrealized -5.8%

ROK ROCKWELL AUTOMATION INC 0.3%

Value ($000) $27,354 (+8.8%) Shares 70,306 (-2.3%) Est. Cost $274.46 Unrealized +36.7%

CMI CUMMINS INC 0.0%

Value ($000) $1,488 (-59.2%) Shares 2,915 (-66.2%) Est. Cost $195.15 Unrealized +139.0%

WFC WELLS FARGO & CO 0.0%

Value ($000) $1,589 (-57.2%) Shares 17,045 (-61.5%) Est. Cost $34.70 Unrealized +149.6%

AME AMETEK INC 0.3%

Value ($000) $28,161 (+7.0%) Shares 137,161 (-2.0%) Est. Cost $131.47 Unrealized +47.8%

CSCO CISCO SYSTEMS INC 0.0%

Value ($000) $1,812 (-50.2%) Shares 23,520 (-55.8%) Est. Cost $35.69 Unrealized +106.8%

JNJ JOHNSON & JOHNSON 0.0%

Value ($000) $1,866 (-48.9%) Shares 9,015 (-54.2%) Est. Cost $150.93 Unrealized +30.5%

SIGI SELECTIVE INSURANCE GROUP 0.9%

Value ($000) $90,092 (+2.0%) Shares 1,076,757 (-1.2%) Est. Cost $84.45 Unrealized -5.7%

WTS WATTS WATER TECHNOLOGIES-A 0.3%

Value ($000) $27,950 (-5.9%) Shares 101,260 (-4.8%) Est. Cost $224.98 Unrealized +22.6%

HD HOME DEPOT 0.0%

Value ($000) $1,304 (-56.5%) Shares 3,790 (-48.8%) Est. Cost $287.19 Unrealized +27.0%

DUK DUKE ENERGY CORP 0.0%

Value ($000) $1,585 (-50.4%) Shares 13,525 (-47.7%) Est. Cost $65.38 Unrealized +85.9%

TOL TOLL BROTHERS INC 0.3%

Value ($000) $35,481 (-4.2%) Shares 262,391 (-2.1%) Est. Cost $115.44 Unrealized +17.6%

KO COCA-COLA CO/THE 0.0%

Value ($000) $1,604 (-48.4%) Shares 22,950 (-51.1%) Est. Cost $40.61 Unrealized +70.9%

GIL GILDAN ACTIVEWEAR -A 0.5%

Value ($000) $53,555 (+2.9%) Shares 857,435 (-4.8%) Est. Cost $34.25 Unrealized +73.6%

AR ANTERO RESOURCES CORP 0.6%

Value ($000) $60,455 (-2.2%) Shares 1,754,348 (-4.8%) Est. Cost $31.62 Unrealized +7.1%

RRR RED ROCK RESORTS INC-CLASS A 0.4%

Value ($000) $37,830 (-3.5%) Shares 610,648 (-4.9%) Est. Cost $48.18 Unrealized +21.4%

NU NU HOLDINGS LTD/CAYMAN ISL-A 0.1%

Value ($000) $10,427 (-10.6%) Shares 622,875 (-14.5%) Est. Cost $12.26 Unrealized +31.1%

CVS CVS HEALTH CORP 0.0%

Value ($000) $1,352 (-47.7%) Shares 17,035 (-50.3%) Est. Cost $64.97 Unrealized +21.1%

EMR EMERSON ELEC 0.0%

Value ($000) $931 (-54.8%) Shares 7,015 (-55.3%) Est. Cost $52.88 Unrealized +150.3%

NVT NVENT ELECTRIC PLC 0.0%

Value ($000) $2,592 (-29.9%) Shares 25,420 (-32.2%) Est. Cost $50.27 Unrealized +106.1%

VZ VERIZON COMMUNICATIONS 0.0%

Value ($000) $1,225 (-42.4%) Shares 30,075 (-37.8%) Est. Cost $36.13 Unrealized +12.0%

PB PROSPERITY BANCSHARES INC 0.9%

Value ($000) $92,054 (+1.0%) Shares 1,331,989 (-3.1%) Est. Cost $61.42 Unrealized +9.1%

EPD ENTERPRISE PRODUCTS PARTNERS 0.0%

Value ($000) $872 (-50.0%) Shares 27,200 (-51.2%) Est. Cost $24.18 Unrealized —

TYL TYLER TECHNOLOGIES INC 0.0%

Value ($000) $3,786 (-18.6%) Shares 8,340 (-6.2%) Est. Cost $408.45 Unrealized +16.6%

PFE PFIZER INC 0.0%

Value ($000) $1,461 (-35.3%) Shares 58,670 (-33.8%) Est. Cost $29.36 Unrealized -14.7%

OKE ONEOK INC 0.0%

Value ($000) $480 (-62.1%) Shares 6,533 (-62.4%) Est. Cost $57.97 Unrealized +21.5%

AU ANGLOGOLD ASHANTI PLC 0.1%

Value ($000) $8,479 (+9.7%) Shares 99,430 (-9.6%) Est. Cost $54.92 Unrealized +41.1%

LECO LINCOLN ELECTRIC HOLDINGS 1.1%

Value ($000) $111,446 (-0.6%) Shares 465,054 (-2.2%) Est. Cost $195.76 Unrealized +21.0%

CVX CHEVRON CORP 0.0%

Value ($000) $734 (-44.1%) Shares 4,815 (-43.1%) Est. Cost $66.82 Unrealized +126.6%

MRK MERCK & CO. INC. 0.0%

Value ($000) $1,972 (-22.3%) Shares 18,735 (-38.1%) Est. Cost $55.77 Unrealized +67.2%

STAG STAG INDUSTRIAL INC 0.6%

Value ($000) $64,199 (-0.8%) Shares 1,746,439 (-4.8%) Est. Cost $0.90 Unrealized —

MRVL MARVELL TECHNOLOGY GROUP LTD 0.4%

Value ($000) $39,208 (-1.2%) Shares 461,384 (-2.2%) Est. Cost $65.30 Unrealized +33.9%

VMI VALMONT INDUSTRIES 1.0%

Value ($000) $97,955 (-0.4%) Shares 243,475 (-4.0%) Est. Cost $282.14 Unrealized +44.2%

AZN ASTRAZENECA PLC ADR 0.0%

Value ($000) $2,037 (+11.9%) Shares 22,161 (-6.6%) Est. Cost $76.72 Unrealized —

ARCC ARES CAPITAL CORP 0.0%

Value ($000) $114 (-65.0%) Shares 5,625 (-64.7%) Est. Cost $14.16 Unrealized +39.8%

ARES ARES MANAGEMENT CORP - A 0.2%

Value ($000) $18,227 (-1.1%) Shares 112,767 (-2.2%) Est. Cost $141.13 Unrealized +9.8%

HLIO HELIOS TECHNOLOGIES INC 0.4%

Value ($000) $40,585 (+0.4%) Shares 758,737 (-2.2%) Est. Cost $48.19 Unrealized +11.9%

UPS UNITED PARCEL SERVICE CL B 0.0%

Value ($000) $1,361 (-3.8%) Shares 13,720 (-19.0%) Est. Cost $107.26 Unrealized -13.5%

WAB WABTEC CORP 0.0%

Value ($000) $4,344 (-0.8%) Shares 20,350 (-6.9%) Est. Cost $191.22 Unrealized +7.4%

MAIN MAIN STREET CAPITAL CORP 0.0%

Value ($000) $149 (-11.3%) Shares 2,475 (-6.6%) Est. Cost $36.55 Unrealized +61.3%

RTX RAYTHEON TECHNOLOGIES CORP 0.0%

Value ($000) $174 (-5.3%) Shares 950 (-13.6%) Est. Cost $87.65 Unrealized +97.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WAL	WESTERN ALLIANCE BANCORP	405,677 (-81.5%)	$34,105 (-82.1%)	0.3%	$55.07	+46.4%	COMMON	957638109
CMA	COMERICA INC	235 (-100.0%)	$20 (-100.0%)	0.0%	$44.32	+80.5%	COMMON	200340107
CIEN	CIENA CORP	63,462 (-91.1%)	$14,842 (-85.7%)	0.1%	$68.45	+183.4%	COMMON	171779309
TDG	TRANSDIGM GROUP INC	5,417 (-92.0%)	$7,204 (-91.9%)	0.1%	$1318.32	-0.6%	COMMON	893641100
CADE	CADENCE BANK	798,680 (-72.8%)	$34,215 (-68.9%)	0.3%	$25.34	+55.6%	COMMON	12740C103
MSFT	MICROSOFT CORP	492,504 (-16.8%)	$238,185 (-22.4%)	2.3%	$96.90	+416.6%	COMMON	594918104
URI	UNITED RENTALS INC	194,666 (-16.2%)	$157,547 (-29.0%)	1.5%	$694.62	+24.8%	COMMON	911363109
COF	CAPITAL ONE FINL CORP	485,517 (-43.0%)	$117,670 (-35.0%)	1.2%	$189.26	+17.4%	COMMON	14040H105
RSG	REPUBLIC SERVICES INC	135 (-100.0%)	$29 (-100.0%)	0.0%	$228.88	-6.2%	COMMON	760759100
XYL	XYLEM INC	571,718 (-39.1%)	$77,857 (-43.8%)	0.8%	$122.10	+17.6%	COMMON	98419M100
META	META PLATFORMS INC-A	271,670 (-16.2%)	$179,327 (-24.7%)	1.8%	$594.11	+12.3%	COMMON	30303M102
NVDA	NVIDIA CORP	1,571,733 (-16.3%)	$293,128 (-16.4%)	2.9%	$90.84	+104.9%	COMMON	67066G104
COHR	COHERANT CORP	605,981 (-60.2%)	$111,846 (-31.8%)	1.1%	$74.48	+100.8%	COMMON	19247G107
ORLY	OREILLY AUTOMOTIVE INC	1,309,361 (-16.3%)	$119,427 (-29.2%)	1.2%	$88.85	+10.0%	COMMON	67103H107
JPM	JP MORGAN CHASE & CO	539,986 (-23.4%)	$173,994 (-21.7%)	1.7%	$155.89	+98.6%	COMMON	46625H100
LLY	ELI LILLY & CO	230,021 (-13.0%)	$247,199 (+22.6%)	2.4%	$742.24	+28.7%	COMMON	532457108
ICE	INTERCONTINENTAL EXCHANGE INC	662,613 (-25.1%)	$107,317 (-28.0%)	1.0%	$123.61	+26.4%	COMMON	45866F104
TSM	TAIWAN SEMICONDUCTOR-SP ADR	720,480 (-21.1%)	$218,947 (-14.1%)	2.1%	$0.20	—	ADR	874039100
AMZN	AMAZON.COM INC	1,147,695 (-15.8%)	$264,911 (-11.5%)	2.6%	$123.01	+86.0%	COMMON	023135106
ETN	EATON CORP PLC	368,345 (-8.3%)	$117,322 (-21.9%)	1.1%	$306.71	+15.5%	COMMON	G29183103
TREX	TREX COMPANY INC	320 (-99.9%)	$11 (-100.0%)	0.0%	$59.04	-31.5%	COMMON	89531P105
OWL	BLUE OWL CAPITAL INC	1,337,790 (-54.1%)	$19,987 (-59.5%)	0.2%	$19.12	-18.2%	COMMON	09581B103
AMRZ	AMRIZE LTD	1,174,704 (-38.1%)	$63,528 (-31.1%)	0.6%	$50.99	+0.1%	COMMON	H2927K103
AZO	AUTOZONE INC	19 (-99.7%)	$64 (-99.8%)	0.0%	$3177.65	+18.9%	COMMON	053332102
BJ	BJS WHOLESALE CLUB HOLDINGS	328,426 (-43.7%)	$29,568 (-45.7%)	0.3%	$102.73	-10.6%	COMMON	05550J101
FND	FLOOR & DECOR HOLDINGS INC-A	271,754 (-51.3%)	$16,547 (-59.8%)	0.2%	$76.06	-14.8%	COMMON	339750101
FCFS	FIRST CASH FINANCIAL SERVICES INC	434,442 (-25.7%)	$69,241 (-25.2%)	0.7%	$110.59	+42.0%	COMMON	33768G107
RUSHA	RUSH ENTERPRISES INC CL A	761,066 (-35.5%)	$41,052 (-34.9%)	0.4%	$40.79	+27.4%	COMMON	781846209
HRI	HERC HOLDINGS INC	595,037 (-36.9%)	$88,292 (-19.8%)	0.9%	$124.21	+9.5%	COMMON	42704L104
HII	HUNTINGTON INGALLS INDUSTRIES	210,765 (-35.1%)	$71,675 (-23.3%)	0.7%	$205.17	+50.8%	COMMON	446413106
HXL	HEXCEL CORP	1,117,535 (-32.7%)	$82,586 (-20.7%)	0.8%	$56.97	+24.1%	COMMON	428291108
GOOGL	ALPHABET INC-CL A	971,186 (-16.4%)	$303,981 (+7.6%)	3.0%	$112.63	+153.6%	COMMON	02079K305
FAF	FIRST AMERICAN FINL CORP	3,440 (-98.9%)	$211 (-99.0%)	0.0%	$62.08	+0.4%	COMMON	31847R102
AEO	AMERICAN EAGLE OUTFITTERS	1,130 (-99.9%)	$30 (-99.9%)	0.0%	$12.79	+53.7%	COMMON	02553E106
BLD	TOPBUILD CORP	188,471 (-24.4%)	$78,628 (-19.3%)	0.8%	$381.92	+12.3%	COMMON	89055F103
MPWR	MONOLITHIC POWER SYSTEMS INC	257,644 (-5.5%)	$233,518 (-6.9%)	2.3%	$495.28	+94.0%	COMMON	609839105
WRBY	WARBY PARKER INC-CLASS A	2,305,680 (-4.8%)	$50,241 (-24.8%)	0.5%	$17.21	+26.5%	COMMON	93403J106
AXON	AXON ENTERPRISE INC	42,642 (-22.5%)	$24,218 (-38.7%)	0.2%	$489.32	+26.8%	COMMON	05464C101
EXE	EXPAND ENERGY CORP	605,590 (-21.3%)	$66,833 (-18.2%)	0.7%	$89.89	+23.1%	COMMON	165167735
SYF	SYNCHRONY FINANCIAL	284,156 (-44.4%)	$23,707 (-34.7%)	0.2%	$55.34	+37.9%	COMMON	87165B103
BLDR	BUILDERS FIRSTSOURCE INC	50 (-100.0%)	$5 (-100.0%)	0.0%	$134.20	-16.3%	COMMON	12008R107
EXP	EAGLE MATERIALS INC	313,790 (-4.8%)	$64,854 (-15.6%)	0.6%	$222.23	-0.8%	COMMON	26969P108
CFR	CULLEN FROST BANKERS INC	739,402 (-11.1%)	$93,630 (-11.2%)	0.9%	$113.78	+9.7%	COMMON	229899109
FN	FABRINET	19,009 (-64.9%)	$8,654 (-56.1%)	0.1%	$185.08	+135.0%	COMMON	G3323L100
SANM	SANMINA CORP	483,900 (-10.1%)	$72,619 (+17.2%)	0.7%	$112.45	+31.3%	COMMON	801056102
ZION	ZIONS BANCORP	2,964,419 (-8.6%)	$173,537 (-5.5%)	1.7%	$40.86	+33.3%	COMMON	989701107
VST	VISTRA CORP	25 (-100.0%)	$4 (-100.0%)	0.0%	$96.58	+88.4%	COMMON	92840M102
FLS	FLOWSERVE CORP	650,815 (-1.8%)	$45,154 (+28.2%)	0.4%	$50.56	+26.8%	COMMON	34354P105
BRKR	BRUKER BIOSCIENCES CORP	1,640,715 (-21.5%)	$77,294 (+13.8%)	0.8%	$46.39	-9.0%	COMMON	116794108
SSNC	SS&C TECHNOLOGIES HOLDINGS	205 (-99.7%)	$18 (-99.8%)	0.0%	$82.77	+3.0%	COMMON	78467J100
BURL	BURLINGTON STORES INC	236,799 (-2.6%)	$68,399 (+10.6%)	0.7%	$237.68	+14.1%	COMMON	122017106
VRT	VERTIV HOLDINGS CO	60,898 (-42.9%)	$9,866 (-38.7%)	0.1%	$80.22	+116.4%	COMMON	92537N108
DHI	D.R. HORTON INC	160,853 (-2.2%)	$23,168 (-16.9%)	0.2%	$141.57	+7.4%	COMMON	23331A109
PH	PARKER HANNIFIN	42,182 (-2.1%)	$37,076 (+13.4%)	0.4%	$637.55	+28.3%	COMMON	701094104
ESI	ELEMENT SOLUTIONS INC	4,289,160 (-3.1%)	$107,186 (-3.8%)	1.0%	$14.08	+84.1%	COMMON	28618M106
TW	TRADEWEB MARKETS INC-CLASS A	140 (-99.6%)	$15 (-99.6%)	0.0%	$132.91	-19.2%	COMMON	892672106
GEV	GE VERNOVA INC	25,444 (-23.6%)	$16,629 (-18.8%)	0.2%	$321.92	+89.2%	COMMON	36828A101
JBTM	JBT MAREL GROUP	494,895 (-2.0%)	$74,566 (+5.1%)	0.7%	$115.54	+22.0%	COMMON	477839104
THG	HANOVER INSURANCE GROUP INC/TH	437,430 (-4.8%)	$79,949 (-4.2%)	0.8%	$159.93	+12.0%	COMMON	410867105
IWN	ISHARES RUSSELL 2000 VALUE INDEX FUND	1,106,370 (-3.9%)	$200,485 (-1.5%)	2.0%	$7.01	—	Exchange Traded Funds	464287630
ABBV	ABBVIE INC	8,760 (-58.6%)	$2,002 (-59.1%)	0.0%	$79.21	+187.3%	COMMON	00287Y109
MUR	MURPHY OIL USA INC	2,017,992 (-4.8%)	$63,062 (+4.7%)	0.6%	$29.93	-1.1%	COMMON	626717102
SR	SPIRE INC	954,632 (-4.8%)	$78,948 (-3.5%)	0.8%	$8.33	—	COMMON	84857L101
ALLE	ALLEGION PLC	125,156 (-2.0%)	$19,927 (-12.0%)	0.2%	$109.06	+52.8%	COMMON	G0176J109
MS	MORGAN STANLEY	8,790 (-67.2%)	$1,560 (-63.4%)	0.0%	$53.35	+212.1%	COMMON	617446448
IBM	IBM	5,125 (-65.6%)	$1,518 (-63.9%)	0.0%	$131.75	+126.8%	COMMON	459200101
AJG	GALLAGHER A J	4,785 (-61.4%)	$1,238 (-67.7%)	0.0%	$280.41	-5.8%	COMMON	363576109
ROK	ROCKWELL AUTOMATION INC	70,306 (-2.3%)	$27,354 (+8.8%)	0.3%	$274.46	+36.7%	COMMON	773903109
CMI	CUMMINS INC	2,915 (-66.2%)	$1,488 (-59.2%)	0.0%	$195.15	+139.0%	COMMON	231021106
WFC	WELLS FARGO & CO	17,045 (-61.5%)	$1,589 (-57.2%)	0.0%	$34.70	+149.6%	COMMON	949746101
AME	AMETEK INC	137,161 (-2.0%)	$28,161 (+7.0%)	0.3%	$131.47	+47.8%	COMMON	031100100
CSCO	CISCO SYSTEMS INC	23,520 (-55.8%)	$1,812 (-50.2%)	0.0%	$35.69	+106.8%	COMMON	17275R102
JNJ	JOHNSON & JOHNSON	9,015 (-54.2%)	$1,866 (-48.9%)	0.0%	$150.93	+30.5%	COMMON	478160104
SIGI	SELECTIVE INSURANCE GROUP	1,076,757 (-1.2%)	$90,092 (+2.0%)	0.9%	$84.45	-5.7%	COMMON	816300107
WTS	WATTS WATER TECHNOLOGIES-A	101,260 (-4.8%)	$27,950 (-5.9%)	0.3%	$224.98	+22.6%	COMMON	942749102
HD	HOME DEPOT	3,790 (-48.8%)	$1,304 (-56.5%)	0.0%	$287.19	+27.0%	COMMON	437076102
DUK	DUKE ENERGY CORP	13,525 (-47.7%)	$1,585 (-50.4%)	0.0%	$65.38	+85.9%	COMMON	26441C204
TOL	TOLL BROTHERS INC	262,391 (-2.1%)	$35,481 (-4.2%)	0.3%	$115.44	+17.6%	COMMON	889478103
KO	COCA-COLA CO/THE	22,950 (-51.1%)	$1,604 (-48.4%)	0.0%	$40.61	+70.9%	COMMON	191216100
GIL	GILDAN ACTIVEWEAR -A	857,435 (-4.8%)	$53,555 (+2.9%)	0.5%	$34.25	+73.6%	COMMON	375916103
AR	ANTERO RESOURCES CORP	1,754,348 (-4.8%)	$60,455 (-2.2%)	0.6%	$31.62	+7.1%	COMMON	03674X106
RRR	RED ROCK RESORTS INC-CLASS A	610,648 (-4.9%)	$37,830 (-3.5%)	0.4%	$48.18	+21.4%	COMMON	75700L108
NU	NU HOLDINGS LTD/CAYMAN ISL-A	622,875 (-14.5%)	$10,427 (-10.6%)	0.1%	$12.26	+31.1%	COMMON	G6683N103
CVS	CVS HEALTH CORP	17,035 (-50.3%)	$1,352 (-47.7%)	0.0%	$64.97	+21.1%	COMMON	126650100
EMR	EMERSON ELEC	7,015 (-55.3%)	$931 (-54.8%)	0.0%	$52.88	+150.3%	COMMON	291011104
NVT	NVENT ELECTRIC PLC	25,420 (-32.2%)	$2,592 (-29.9%)	0.0%	$50.27	+106.1%	COMMON	G6700G107
VZ	VERIZON COMMUNICATIONS	30,075 (-37.8%)	$1,225 (-42.4%)	0.0%	$36.13	+12.0%	COMMON	92343V104
PB	PROSPERITY BANCSHARES INC	1,331,989 (-3.1%)	$92,054 (+1.0%)	0.9%	$61.42	+9.1%	COMMON	743606105
EPD	ENTERPRISE PRODUCTS PARTNERS	27,200 (-51.2%)	$872 (-50.0%)	0.0%	$24.18	—	COMMON	293792107
TYL	TYLER TECHNOLOGIES INC	8,340 (-6.2%)	$3,786 (-18.6%)	0.0%	$408.45	+16.6%	COMMON	902252105
PFE	PFIZER INC	58,670 (-33.8%)	$1,461 (-35.3%)	0.0%	$29.36	-14.7%	COMMON	717081103
OKE	ONEOK INC	6,533 (-62.4%)	$480 (-62.1%)	0.0%	$57.97	+21.5%	COMMON	682680103
AU	ANGLOGOLD ASHANTI PLC	99,430 (-9.6%)	$8,479 (+9.7%)	0.1%	$54.92	+41.1%	COMMON	G0378L100
LECO	LINCOLN ELECTRIC HOLDINGS	465,054 (-2.2%)	$111,446 (-0.6%)	1.1%	$195.76	+21.0%	COMMON	533900106
CVX	CHEVRON CORP	4,815 (-43.1%)	$734 (-44.1%)	0.0%	$66.82	+126.6%	COMMON	166764100
MRK	MERCK & CO. INC.	18,735 (-38.1%)	$1,972 (-22.3%)	0.0%	$55.77	+67.2%	COMMON	58933Y105
STAG	STAG INDUSTRIAL INC	1,746,439 (-4.8%)	$64,199 (-0.8%)	0.6%	$0.90	—	COMMON	85254J102
MRVL	MARVELL TECHNOLOGY GROUP LTD	461,384 (-2.2%)	$39,208 (-1.2%)	0.4%	$65.30	+33.9%	COMMON	573874104
VMI	VALMONT INDUSTRIES	243,475 (-4.0%)	$97,955 (-0.4%)	1.0%	$282.14	+44.2%	COMMON	920253101
AZN	ASTRAZENECA PLC ADR	22,161 (-6.6%)	$2,037 (+11.9%)	0.0%	$76.72	—	ADR	046353108
ARCC	ARES CAPITAL CORP	5,625 (-64.7%)	$114 (-65.0%)	0.0%	$14.16	+39.8%	COMMON	04010L103
ARES	ARES MANAGEMENT CORP - A	112,767 (-2.2%)	$18,227 (-1.1%)	0.2%	$141.13	+9.8%	COMMON	03990B101
HLIO	HELIOS TECHNOLOGIES INC	758,737 (-2.2%)	$40,585 (+0.4%)	0.4%	$48.19	+11.9%	COMMON	42328H109
UPS	UNITED PARCEL SERVICE CL B	13,720 (-19.0%)	$1,361 (-3.8%)	0.0%	$107.26	-13.5%	COMMON	911312106
WAB	WABTEC CORP	20,350 (-6.9%)	$4,344 (-0.8%)	0.0%	$191.22	+7.4%	COMMON	929740108
MAIN	MAIN STREET CAPITAL CORP	2,475 (-6.6%)	$149 (-11.3%)	0.0%	$36.55	+61.3%	COMMON	56035L104
RTX	RAYTHEON TECHNOLOGIES CORP	950 (-13.6%)	$174 (-5.3%)	0.0%	$87.65	+97.7%	COMMON	75513E101

Unchanged Positions (30)

APAM ARTISAN PARTNERS ASSET MGMT CL A 0.9%

Value ($000) $93,655 Shares 2,298,841 Est. Cost $34.29 Unrealized +18.7%

VMC VULCAN MATERIALS CO 0.7%

Value ($000) $72,369 Shares 253,732 Est. Cost $205.37 Unrealized +42.7%

PR CENTENNIAL RESOURCE DEVELO-A 0.5%

Value ($000) $53,664 Shares 3,824,931 Est. Cost $13.28 Unrealized +1.1%

XOM EXXON MOBIL CORP 0.7%

Value ($000) $76,557 Shares 636,175 Est. Cost $106.27 Unrealized +8.7%

KOS KOSMOS ENERGY LTD 0.0%

Value ($000) $3,636 Shares 4,008,525 Est. Cost $5.24 Unrealized -74.9%

MTDR MATADOR RESOURCES CO 0.5%

Value ($000) $46,518 Shares 1,096,095 Est. Cost $54.00 Unrealized -22.2%

HUBB HUBBELL INC CL B 0.8%

Value ($000) $81,082 Shares 182,572 Est. Cost $341.67 Unrealized +28.0%

NWN NORTHWEST NATURAL GAS CO 0.6%

Value ($000) $65,084 Shares 1,392,460 Est. Cost $41.47 Unrealized +12.5%

XPO XPO LOGISTICS INC 0.3%

Value ($000) $26,121 Shares 192,194 Est. Cost $125.51 Unrealized +8.5%

VNSE NATIXIS VAUGHAN NELSON SELECT 0.1%

Value ($000) $8,428 Shares 219,263 Est. Cost $14.01 Unrealized —

CLX CLOROX CO 0.0%

Value ($000) $71 Shares 700 Est. Cost $147.42 Unrealized -26.6%

D DOMINION RES INC VA 0.0%

Value ($000) $270 Shares 4,600 Est. Cost $52.01 Unrealized +14.9%

AAXJ ISHARES MSCI ALL COUNTRY ASIA EX JAPAN E 0.0%

Value ($000) $415 Shares 4,455 Est. Cost $69.14 Unrealized —

EXR EXTRA SPACE STORAGE 0.0%

Value ($000) $81 Shares 625 Est. Cost $128.67 Unrealized +4.9%

TSLX SIXTH STREET SPECIALTY LENDI 0.0%

Value ($000) $116 Shares 5,350 Est. Cost $17.93 Unrealized +21.7%

IVV ISHARES CORE S&P 500 ETF 0.0%

Value ($000) $257 Shares 375 Est. Cost $250.09 Unrealized —

CCI CROWN CASTLE INTL CORP 0.0%

Value ($000) $67 Shares 750 Est. Cost $90.41 Unrealized +0.8%

ILF ISHARES S&P LATIN AMERICA 40 0.0%

Value ($000) $79 Shares 2,610 Est. Cost $31.42 Unrealized —

MUB ISHARES NATIONAL MUNI BOND ETF 0.0%

Value ($000) $433 Shares 4,045 Est. Cost $65.03 Unrealized —

IGIB ISHARES 5-10Y INV GRADE CORP 0.0%

Value ($000) $639 Shares 11,855 Est. Cost $55.88 Unrealized —

BIV VANGUARD INTERMEDIATE-TERM B 0.0%

Value ($000) $895 Shares 11,486 Est. Cost $67.12 Unrealized —

MGC VANGUARD MEGA CAP ETF 0.0%

Value ($000) $51 Shares 205 Est. Cost $152.49 Unrealized —

VCIT VANGUARD INTERMEDIATE-TERM C 0.0%

Value ($000) $310 Shares 3,705 Est. Cost $70.62 Unrealized —

VCSH VANGUARD S/T CORP BOND ETF 0.0%

Value ($000) $448 Shares 5,615 Est. Cost $74.87 Unrealized —

BSM BLACK STONE MINERALS LP 0.0%

Value ($000) $74 Shares 5,600 Est. Cost $0.02 Unrealized —

AB ALLIANEBERNSTEIN HOLDINGS LP 0.0%

Value ($000) $100 Shares 2,600 Est. Cost $0.03 Unrealized —

BSV VANGUARD SHORT-TERM BOND ETF 0.0%

Value ($000) $467 Shares 5,925 Est. Cost $55.27 Unrealized —

SUB ISHARES S/T NATL MUNI BOND ETF 0.0%

Value ($000) $757 Shares 7,096 Est. Cost $100.41 Unrealized —

VO VANGUARD MID-CAP ETF 0.0%

Value ($000) $23 Shares 80 Est. Cost $236.62 Unrealized —

AMLP ALERIAN MLP ETF 0.0%

Value ($000) $7 Shares 139 Est. Cost $35.97 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
APAM	ARTISAN PARTNERS ASSET MGMT CL A	2,298,841	$93,655	0.9%	$34.29	+18.7%	COMMON	04316A108
VMC	VULCAN MATERIALS CO	253,732	$72,369	0.7%	$205.37	+42.7%	COMMON	929160109
PR	CENTENNIAL RESOURCE DEVELO-A	3,824,931	$53,664	0.5%	$13.28	+1.1%	COMMON	71424F105
XOM	EXXON MOBIL CORP	636,175	$76,557	0.7%	$106.27	+8.7%	COMMON	30231G102
KOS	KOSMOS ENERGY LTD	4,008,525	$3,636	0.0%	$5.24	-74.9%	COMMON	500688106
MTDR	MATADOR RESOURCES CO	1,096,095	$46,518	0.5%	$54.00	-22.2%	COMMON	576485205
HUBB	HUBBELL INC CL B	182,572	$81,082	0.8%	$341.67	+28.0%	COMMON	443510607
NWN	NORTHWEST NATURAL GAS CO	1,392,460	$65,084	0.6%	$41.47	+12.5%	COMMON	66765N105
XPO	XPO LOGISTICS INC	192,194	$26,121	0.3%	$125.51	+8.5%	COMMON	983793100
VNSE	NATIXIS VAUGHAN NELSON SELECT	219,263	$8,428	0.1%	$14.01	—	Exchange Traded Funds	63875W208
CLX	CLOROX CO	700	$71	0.0%	$147.42	-26.6%	COMMON	189054109
D	DOMINION RES INC VA	4,600	$270	0.0%	$52.01	+14.9%	COMMON	25746U109
AAXJ	ISHARES MSCI ALL COUNTRY ASIA EX JAPAN E	4,455	$415	0.0%	$69.14	—	Exchange Traded Funds	464288182
EXR	EXTRA SPACE STORAGE	625	$81	0.0%	$128.67	+4.9%	COMMON	30225T102
TSLX	SIXTH STREET SPECIALTY LENDI	5,350	$116	0.0%	$17.93	+21.7%	COMMON	83012A109
IVV	ISHARES CORE S&P 500 ETF	375	$257	0.0%	$250.09	—	Exchange Traded Funds	464287200
CCI	CROWN CASTLE INTL CORP	750	$67	0.0%	$90.41	+0.8%	COMMON	22822V101
ILF	ISHARES S&P LATIN AMERICA 40	2,610	$79	0.0%	$31.42	—	Exchange Traded Funds	464287390
MUB	ISHARES NATIONAL MUNI BOND ETF	4,045	$433	0.0%	$65.03	—	Exchange Traded Funds - Debt	464288414
IGIB	ISHARES 5-10Y INV GRADE CORP	11,855	$639	0.0%	$55.88	—	Exchange Traded Funds - Debt	464288638
BIV	VANGUARD INTERMEDIATE-TERM B	11,486	$895	0.0%	$67.12	—	Exchange Traded Funds - Debt	921937819
MGC	VANGUARD MEGA CAP ETF	205	$51	0.0%	$152.49	—	Exchange Traded Funds	921910873
VCIT	VANGUARD INTERMEDIATE-TERM C	3,705	$310	0.0%	$70.62	—	Exchange Traded Funds - Debt	92206C870
VCSH	VANGUARD S/T CORP BOND ETF	5,615	$448	0.0%	$74.87	—	Exchange Traded Funds - Debt	92206C409
BSM	BLACK STONE MINERALS LP	5,600	$74	0.0%	$0.02	—	COMMON	09225M101
AB	ALLIANEBERNSTEIN HOLDINGS LP	2,600	$100	0.0%	$0.03	—	COMMON	01881G106
BSV	VANGUARD SHORT-TERM BOND ETF	5,925	$467	0.0%	$55.27	—	Exchange Traded Funds - Debt	921937827
SUB	ISHARES S/T NATL MUNI BOND ETF	7,096	$757	0.0%	$100.41	—	Exchange Traded Funds - Debt	464288158
VO	VANGUARD MID-CAP ETF	80	$23	0.0%	$236.62	—	Exchange Traded Funds	922908629
AMLP	ALERIAN MLP ETF	139	$7	0.0%	$35.97	—	Exchange Traded Funds	00162Q452