HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UL	UNILEVER PLC	2,723,620	$178,125	0.5%	$65.40	—	SPON ADR NEW	904767803
CWK	CUSHMAN AND WAKEFIELD LTD	819,212	$13,263	0.0%	$15.85	0.0%	COMMON SHARES	G2717C106
HBAN	HUNTINGTON BANCSHARES INC	749,919	$13,011	0.0%	$16.29	0.0%	COM	446150104
MICC	MAGNUM ICE CREAM CO NV	581,506	$9,217	0.0%	$15.68	0.0%	ORD SHS	N5505D105
ZION	ZIONS BANCORPORATION N A	154,540	$9,047	0.0%	$54.46	0.0%	COM	989701107
TAP	MOLSON COORS BEVERAGE CO	65,500	$3,058	0.0%	$45.79	0.0%	CL B	60871R209
ICLR	ICON PLC	11,200	$2,041	0.0%	$178.08	0.0%	SHS	G4705A100
UPBD	UPBOUND GROUP INC	62,000	$1,089	0.0%	$19.33	0.0%	COM	76009N100

Increased Positions (149)

MDLZ MONDELEZ INTL INC 0.9%

Value ($000) $297,735 (+1640.2%) Shares 5,531,030 (+1919.5%) Est. Cost $56.68 Unrealized +0.7%

CRM SALESFORCE INC 2.2%

Value ($000) $742,890 (+53.2%) Shares 2,804,312 (+37.1%) Est. Cost $250.55 Unrealized -1.0%

PPG PPG INDS INC 1.8%

Value ($000) $602,167 (+45.2%) Shares 5,877,095 (+48.9%) Est. Cost $105.87 Unrealized -5.4%

CMCSA COMCAST CORP NEW 2.5%

Value ($000) $830,003 (+26.5%) Shares 27,768,597 (+33.0%) Est. Cost $33.78 Unrealized -15.5%

FFIV F5 INC 4.2%

Value ($000) $1,397,134 (-10.6%) Shares 5,473,375 (+13.2%) Est. Cost $194.24 Unrealized +38.5%

SJM SMUCKER J M CO 0.6%

Value ($000) $201,257 (+261.1%) Shares 2,057,630 (+300.9%) Est. Cost $103.88 Unrealized -1.0%

TFC TRUIST FINL CORP 1.0%

Value ($000) $336,761 (+52.9%) Shares 6,843,349 (+42.0%) Est. Cost $38.81 Unrealized +18.0%

PCAR PACCAR INC 1.3%

Value ($000) $440,572 (+35.1%) Shares 4,023,118 (+21.3%) Est. Cost $75.74 Unrealized +33.6%

FISV FISERV INC 0.4%

Value ($000) $145,006 (-42.8%) Shares 2,158,790 (+9.8%) Est. Cost $138.02 Unrealized -39.2%

GEHC GE HEALTHCARE TECHNOLOGIES I 2.2%

Value ($000) $740,866 (+17.0%) Shares 9,032,745 (+7.1%) Est. Cost $73.14 Unrealized +6.5%

D DOMINION ENERGY INC 2.0%

Value ($000) $685,738 (+9.6%) Shares 11,704,010 (+14.4%) Est. Cost $51.26 Unrealized +16.6%

DE DEERE & CO 0.4%

Value ($000) $141,845 (+55.2%) Shares 304,670 (+52.5%) Est. Cost $403.49 Unrealized +15.9%

CRBG COREBRIDGE FINL INC 0.8%

Value ($000) $270,026 (+22.8%) Shares 8,950,160 (+30.4%) Est. Cost $20.55 Unrealized +48.7%

LAD LITHIA MTRS INC 0.5%

Value ($000) $181,509 (+34.8%) Shares 546,171 (+28.2%) Est. Cost $328.77 Unrealized -3.4%

WDAY WORKDAY INC 4.3%

Value ($000) $1,451,370 (+3.2%) Shares 6,757,472 (+15.7%) Est. Cost $238.96 Unrealized -4.9%

CNH CNH INDL N V 1.0%

Value ($000) $324,727 (+14.8%) Shares 35,219,823 (+35.1%) Est. Cost $9.37 Unrealized +6.6%

OMC OMNICOM GROUP INC 1.3%

Value ($000) $445,583 (+6.7%) Shares 5,518,055 (+7.8%) Est. Cost $69.33 Unrealized +9.3%

TKR TIMKEN CO 0.5%

Value ($000) $155,131 (+19.4%) Shares 1,843,942 (+6.7%) Est. Cost $78.23 Unrealized +1.7%

STZ CONSTELLATION BRANDS INC 0.7%

Value ($000) $246,544 (+10.0%) Shares 1,787,066 (+7.4%) Est. Cost $170.14 Unrealized -19.6%

CRC CALIFORNIA RES CORP 0.1%

Value ($000) $41,677 (+97.8%) Shares 932,164 (+135.2%) Est. Cost $45.41 Unrealized +3.9%

SLM SLM CORP 0.4%

Value ($000) $118,372 (+18.5%) Shares 4,374,421 (+21.2%) Est. Cost $21.49 Unrealized +27.6%

SNY SANOFI SA 0.3%

Value ($000) $93,926 (+24.3%) Shares 1,938,207 (+21.0%) Est. Cost $48.40 Unrealized —

COP CONOCOPHILLIPS 0.6%

Value ($000) $214,149 (+9.0%) Shares 2,287,674 (+10.1%) Est. Cost $100.98 Unrealized -10.9%

KHC KRAFT HEINZ CO 1.1%

Value ($000) $383,261 (-4.0%) Shares 15,804,586 (+3.1%) Est. Cost $31.31 Unrealized -21.3%

ECVT ECOVYST INC 0.3%

Value ($000) $93,100 (+20.1%) Shares 9,568,392 (+8.1%) Est. Cost $9.53 Unrealized -8.4%

DOX AMDOCS LTD 0.2%

Value ($000) $70,656 (+24.6%) Shares 877,606 (+26.9%) Est. Cost $77.19 Unrealized +3.5%

WK WORKIVA INC 0.3%

Value ($000) $100,926 (+14.3%) Shares 1,170,160 (+14.1%) Est. Cost $76.78 Unrealized +15.3%

UHAL/B U HAUL HOLDING COMPANY 0.5%

Value ($000) $150,822 (-7.0%) Shares 3,226,832 (+1.3%) Est. Cost $58.49 Unrealized -16.8%

BA BOEING CO 0.6%

Value ($000) $192,279 (+5.9%) Shares 885,587 (+5.3%) Est. Cost $163.08 Unrealized +26.1%

CRGY CRESCENT ENERGY COMPANY 0.1%

Value ($000) $32,669 (+48.6%) Shares 3,893,760 (+58.0%) Est. Cost $9.98 Unrealized -12.6%

STGW STAGWELL INC 0.3%

Value ($000) $107,947 (-8.8%) Shares 22,075,107 (+4.9%) Est. Cost $6.45 Unrealized -19.4%

CI THE CIGNA GROUP 0.4%

Value ($000) $142,136 (+7.2%) Shares 516,425 (+12.3%) Est. Cost $264.74 Unrealized +5.5%

SWK STANLEY BLACK & DECKER INC 0.7%

Value ($000) $239,794 (+3.9%) Shares 3,228,247 (+4.0%) Est. Cost $74.18 Unrealized -5.8%

CAG CONAGRA BRANDS INC 0.4%

Value ($000) $120,747 (+7.8%) Shares 6,975,548 (+14.0%) Est. Cost $24.88 Unrealized -29.1%

EEFT EURONET WORLDWIDE INC 0.2%

Value ($000) $77,720 (-9.2%) Shares 1,021,153 (+4.7%) Est. Cost $112.45 Unrealized -30.7%

OVV OVINTIV INC 1.0%

Value ($000) $343,735 (-1.8%) Shares 8,770,993 (+1.1%) Est. Cost $47.37 Unrealized -18.2%

UNH UNITEDHEALTH GROUP INC 1.4%

Value ($000) $482,031 (-1.2%) Shares 1,460,213 (+3.3%) Est. Cost $336.32 Unrealized +0.3%

FIS FIDELITY NATL INFORMATION SV 0.7%

Value ($000) $217,629 (+2.3%) Shares 3,274,593 (+1.5%) Est. Cost $61.23 Unrealized +7.2%

FLR FLUOR CORP NEW 0.4%

Value ($000) $142,182 (-2.7%) Shares 3,587,735 (+3.3%) Est. Cost $30.15 Unrealized +46.7%

ZBH ZIMMER BIOMET HOLDINGS INC 0.5%

Value ($000) $155,076 (-2.2%) Shares 1,724,601 (+7.1%) Est. Cost $107.08 Unrealized -11.7%

HUN HUNTSMAN CORP 0.0%

Value ($000) $12,941 (+31.8%) Shares 1,294,140 (+18.4%) Est. Cost $18.41 Unrealized -50.3%

DEI DOUGLAS EMMETT INC 0.0%

Value ($000) $8,680 (-23.9%) Shares 789,790 (+7.9%) Est. Cost $15.24 Unrealized —

NRC NATIONAL RESH CORP 0.0%

Value ($000) $6,427 (+72.0%) Shares 342,400 (+17.1%) Est. Cost $17.83 Unrealized -15.4%

RHI ROBERT HALF INC. 0.0%

Value ($000) $14,581 (+22.6%) Shares 536,871 (+53.4%) Est. Cost $34.40 Unrealized -17.0%

GT GOODYEAR TIRE & RUBR CO 0.0%

Value ($000) $9,781 (+37.2%) Shares 1,116,546 (+17.1%) Est. Cost $15.38 Unrealized -48.8%

AXTA AXALTA COATING SYS LTD 0.0%

Value ($000) $14,507 (+22.3%) Shares 448,984 (+8.3%) Est. Cost $30.04 Unrealized -2.3%

RUSHA RUSH ENTERPRISES INC 0.1%

Value ($000) $44,573 (+6.1%) Shares 826,345 (+5.1%) Est. Cost $43.14 Unrealized +20.4%

WGO WINNEBAGO INDS INC 0.0%

Value ($000) $12,328 (+26.0%) Shares 304,243 (+4.0%) Est. Cost $33.12 Unrealized +10.1%

WEX WEX INC 0.2%

Value ($000) $56,811 (+4.0%) Shares 381,331 (+10.0%) Est. Cost $170.12 Unrealized -11.4%

AMPH AMPHASTAR PHARMACEUTICALS IN 0.0%

Value ($000) $10,781 (+24.0%) Shares 402,563 (+23.4%) Est. Cost $35.60 Unrealized -27.6%

MSBI MIDLAND STATES BANCORP INC 0.0%

Value ($000) $7,871 (+35.8%) Shares 371,784 (+9.9%) Est. Cost $19.67 Unrealized -12.2%

SNDR SCHNEIDER NATIONAL INC 0.0%

Value ($000) $7,322 (+36.4%) Shares 275,995 (+8.8%) Est. Cost $24.59 Unrealized -4.0%

MATX MATSON INC 0.0%

Value ($000) $7,850 (+32.2%) Shares 63,541 (+5.5%) Est. Cost $106.22 Unrealized +0.8%

GNTX GENTEX CORP 0.0%

Value ($000) $11,145 (-14.6%) Shares 478,953 (+3.8%) Est. Cost $25.18 Unrealized -4.2%

VAC MARRIOTT VACATIONS WORLDWIDE 0.2%

Value ($000) $67,001 (-2.8%) Shares 1,161,395 (+12.2%) Est. Cost $84.92 Unrealized -30.4%

HRI HERC HLDGS INC 0.0%

Value ($000) $7,377 (+34.1%) Shares 49,715 (+5.5%) Est. Cost $127.83 Unrealized +6.4%

BDN BRANDYWINE RLTY TR 0.0%

Value ($000) $4,795 (-26.7%) Shares 1,642,149 (+4.7%) Est. Cost $4.11 Unrealized —

NMIH NMI HLDGS INC 0.0%

Value ($000) $14,111 (+14.0%) Shares 345,944 (+7.1%) Est. Cost $25.21 Unrealized +50.0%

LEG LEGGETT & PLATT INC 0.0%

Value ($000) $8,161 (+26.0%) Shares 741,920 (+1.8%) Est. Cost $14.44 Unrealized -31.9%

NBBK NB BANCORP INC 0.0%

Value ($000) $13,913 (+13.4%) Shares 701,992 (+1.0%) Est. Cost $18.26 Unrealized +4.2%

ONEW ONEWATER MARINE INC 0.0%

Value ($000) $4,424 (-27.0%) Shares 408,888 (+6.8%) Est. Cost $22.06 Unrealized -39.5%

WHD CACTUS INC 0.0%

Value ($000) $7,993 (+25.5%) Shares 174,970 (+8.4%) Est. Cost $45.33 Unrealized -7.8%

KMPR KEMPER CORP 0.0%

Value ($000) $10,843 (-12.9%) Shares 267,456 (+10.8%) Est. Cost $53.05 Unrealized -19.3%

SM SM ENERGY CO 0.0%

Value ($000) $10,560 (-13.0%) Shares 564,730 (+16.2%) Est. Cost $25.51 Unrealized -21.6%

KFRC KFORCE INC 0.0%

Value ($000) $13,824 (+12.6%) Shares 447,105 (+9.2%) Est. Cost $48.30 Unrealized -39.1%

GIC GLOBAL INDUSTRIAL COMPANY 0.0%

Value ($000) $6,511 (-18.7%) Shares 222,834 (+2.0%) Est. Cost $25.75 Unrealized +17.7%

MLKN MILLERKNOLL INC 0.0%

Value ($000) $10,766 (+15.8%) Shares 588,937 (+12.4%) Est. Cost $22.30 Unrealized -27.4%

SAIC SCIENCE APPLICATIONS INTL CO 0.0%

Value ($000) $9,624 (+17.2%) Shares 95,605 (+15.7%) Est. Cost $108.82 Unrealized -12.2%

MSFT MICROSOFT CORP 0.1%

Value ($000) $25,924 (-5.1%) Shares 53,604 (+1.6%) Est. Cost $381.78 Unrealized +31.1%

TBI TRUEBLUE INC 0.0%

Value ($000) $6,368 (-17.7%) Shares 1,399,565 (+10.9%) Est. Cost $16.36 Unrealized -68.6%

NSP INSPERITY INC 0.0%

Value ($000) $5,201 (-20.0%) Shares 134,315 (+1.7%) Est. Cost $83.30 Unrealized -52.7%

OBK ORIGIN BANCORP INC 0.0%

Value ($000) $10,257 (+14.0%) Shares 272,729 (+4.7%) Est. Cost $36.42 Unrealized -1.6%

UNF UNIFIRST CORP MASS 0.0%

Value ($000) $7,315 (+20.8%) Shares 37,919 (+4.7%) Est. Cost $177.43 Unrealized -5.0%

NBN NORTHEAST BK PORTLAND ME 0.0%

Value ($000) $13,819 (+9.6%) Shares 132,961 (+5.6%) Est. Cost $87.03 Unrealized +7.2%

CAC CAMDEN NATL CORP 0.0%

Value ($000) $7,349 (+19.2%) Shares 169,420 (+6.0%) Est. Cost $33.95 Unrealized +17.5%

HGV HILTON GRAND VACATIONS INC 0.0%

Value ($000) $13,083 (+9.4%) Shares 292,358 (+2.2%) Est. Cost $41.88 Unrealized +1.4%

OLN OLIN CORP 1.0%

Value ($000) $318,246 (+0.4%) Shares 15,278,245 (+20.4%) Est. Cost $41.34 Unrealized -48.1%

APOG APOGEE ENTERPRISES INC 0.0%

Value ($000) $8,857 (-10.2%) Shares 243,271 (+7.5%) Est. Cost $52.60 Unrealized -28.8%

WAFD WAFD INC 0.0%

Value ($000) $14,494 (+7.5%) Shares 452,517 (+1.6%) Est. Cost $26.25 Unrealized +16.1%

ACDC PROFRAC HLDG CORP 0.0%

Value ($000) $6,482 (+18.0%) Shares 1,666,290 (+12.2%) Est. Cost $6.50 Unrealized -37.2%

IOSP INNOSPEC INC 0.0%

Value ($000) $9,572 (+11.3%) Shares 125,062 (+12.2%) Est. Cost $91.47 Unrealized -18.0%

ACEL ACCEL ENTERTAINMENT INC 0.0%

Value ($000) $10,388 (+9.5%) Shares 910,430 (+6.2%) Est. Cost $10.85 Unrealized -3.0%

PHIN PHINIA INC 0.0%

Value ($000) $7,792 (+12.6%) Shares 124,299 (+3.2%) Est. Cost $29.43 Unrealized +87.3%

HVT HAVERTY FURNITURE COS INC 0.0%

Value ($000) $10,565 (+8.8%) Shares 452,251 (+2.1%) Est. Cost $28.05 Unrealized -19.8%

ENR ENERGIZER HLDGS INC NEW 0.0%

Value ($000) $5,165 (-13.9%) Shares 259,667 (+7.7%) Est. Cost $28.65 Unrealized -25.7%

MSM MSC INDL DIRECT INC 0.0%

Value ($000) $12,201 (-6.4%) Shares 145,079 (+2.6%) Est. Cost $81.98 Unrealized +5.7%

TITN TITAN MACHY INC 0.0%

Value ($000) $9,149 (+9.7%) Shares 608,301 (+22.1%) Est. Cost $21.55 Unrealized -25.3%

SNCY SUN CTRY AIRLS HLDGS INC 0.0%

Value ($000) $4,218 (+23.5%) Shares 293,149 (+1.3%) Est. Cost $11.23 Unrealized +13.9%

SON SONOCO PRODS CO 0.0%

Value ($000) $6,748 (+13.2%) Shares 154,618 (+11.8%) Est. Cost $44.84 Unrealized -8.2%

LOCO EL POLLO LOCO HLDGS INC 0.0%

Value ($000) $6,824 (+11.5%) Shares 652,433 (+3.4%) Est. Cost $11.06 Unrealized -6.5%

MRTN MARTEN TRANS LTD 0.0%

Value ($000) $3,285 (+27.3%) Shares 288,702 (+19.2%) Est. Cost $17.02 Unrealized -37.9%

FORR FORRESTER RESH INC 0.0%

Value ($000) $2,836 (-19.9%) Shares 349,239 (+4.6%) Est. Cost $14.23 Unrealized -44.8%

BBWI BATH & BODY WORKS INC 0.0%

Value ($000) $4,915 (-12.1%) Shares 244,780 (+12.8%) Est. Cost $28.09 Unrealized -22.7%

NEXT NEXTDECADE CORP 0.0%

Value ($000) $13,856 (+4.9%) Shares 2,629,144 (+35.1%) Est. Cost $5.95 Unrealized +0.2%

SLVM SYLVAMO CORP 0.0%

Value ($000) $6,817 (+10.1%) Shares 141,587 (+1.2%) Est. Cost $44.55 Unrealized +1.2%

THFF FIRST FINANCIAL CORPORATION 0.0%

Value ($000) $7,423 (+9.2%) Shares 122,851 (+2.0%) Est. Cost $40.79 Unrealized +39.9%

OXM OXFORD INDS INC 0.0%

Value ($000) $8,489 (-6.7%) Shares 248,212 (+10.6%) Est. Cost $71.89 Unrealized -48.3%

NGVT INGEVITY CORP 0.0%

Value ($000) $7,139 (+8.7%) Shares 120,630 (+1.4%) Est. Cost $50.53 Unrealized +7.4%

PK PARK HOTELS & RESORTS INC 0.0%

Value ($000) $11,928 (-4.6%) Shares 1,140,329 (+1.1%) Est. Cost $11.37 Unrealized —

ABM ABM INDS INC 0.0%

Value ($000) $8,575 (-6.2%) Shares 202,726 (+2.2%) Est. Cost $40.91 Unrealized +6.7%

GMRE GLOBAL MED REIT INC 0.0%

Value ($000) $8,345 (+7.0%) Shares 247,330 (+6.9%) Est. Cost $33.71 Unrealized —

WASH WASHINGTON TR BANCORP INC 0.0%

Value ($000) $10,369 (+5.5%) Shares 350,893 (+3.2%) Est. Cost $28.17 Unrealized -0.9%

FMBH FIRST MID ILL BANCSHARES INC 0.0%

Value ($000) $6,608 (+8.3%) Shares 169,444 (+5.2%) Est. Cost $33.27 Unrealized +13.3%

CASS CASS INFORMATION SYS INC 0.0%

Value ($000) $3,293 (+18.2%) Shares 79,312 (+12.0%) Est. Cost $40.56 Unrealized -0.2%

ACRE ARES COML REAL ESTATE CORP 0.0%

Value ($000) $6,440 (+8.5%) Shares 1,347,342 (+2.4%) Est. Cost $6.52 Unrealized —

AMTB AMERANT BANCORP INC 0.0%

Value ($000) $9,457 (+5.6%) Shares 484,718 (+4.3%) Est. Cost $21.17 Unrealized -12.6%

FG F&G ANNUITIES & LIFE INC 0.0%

Value ($000) $9,705 (+5.5%) Shares 314,594 (+6.9%) Est. Cost $38.06 Unrealized -18.3%

FSBC FIVE STAR BANCORP 0.0%

Value ($000) $3,210 (+18.5%) Shares 89,710 (+6.7%) Est. Cost $29.97 Unrealized +14.7%

UFPI UFP INDUSTRIES INC 0.0%

Value ($000) $9,269 (+5.5%) Shares 101,796 (+8.3%) Est. Cost $100.25 Unrealized -8.7%

COLM COLUMBIA SPORTSWEAR CO 0.0%

Value ($000) $6,615 (+7.9%) Shares 120,080 (+2.4%) Est. Cost $55.65 Unrealized -4.3%

AROW ARROW FINL CORP 0.0%

Value ($000) $3,670 (+15.1%) Shares 116,889 (+3.7%) Est. Cost $23.42 Unrealized +24.7%

CENT CENTRAL GARDEN & PET CO 0.0%

Value ($000) $6,295 (+7.8%) Shares 195,796 (+9.4%) Est. Cost $35.08 Unrealized -9.0%

ESNT ESSENT GROUP LTD 0.0%

Value ($000) $13,250 (+3.4%) Shares 203,811 (+1.1%) Est. Cost $40.61 Unrealized +52.9%

FRME FIRST MERCHANTS CORP 0.0%

Value ($000) $12,503 (+3.1%) Shares 333,596 (+3.7%) Est. Cost $37.42 Unrealized -1.7%

WHR WHIRLPOOL CORP 0.0%

Value ($000) $4,538 (+9.0%) Shares 62,901 (+18.8%) Est. Cost $140.54 Unrealized -47.5%

HALO HALOZYME THERAPEUTICS INC 0.0%

Value ($000) $9,499 (-3.8%) Shares 141,148 (+4.8%) Est. Cost $66.46 Unrealized +1.2%

MPB MID PENN BANCORP INC 0.0%

Value ($000) $3,483 (+11.0%) Shares 112,287 (+2.5%) Est. Cost $28.27 Unrealized +3.3%

CBNK CAPITAL BANCORP INC MD 0.0%

Value ($000) $2,953 (-10.3%) Shares 104,834 (+1.6%) Est. Cost $29.25 Unrealized -2.4%

PLAY DAVE & BUSTERS ENTMT INC 0.0%

Value ($000) $3,954 (+9.4%) Shares 243,940 (+22.5%) Est. Cost $32.83 Unrealized -49.0%

FBIN FORTUNE BRANDS INNOVATIONS I 0.0%

Value ($000) $12,475 (+2.7%) Shares 249,391 (+9.7%) Est. Cost $55.17 Unrealized -9.7%

SRCE 1ST SOURCE CORP 0.0%

Value ($000) $9,642 (+3.5%) Shares 154,289 (+2.0%) Est. Cost $56.58 Unrealized —

CBT CABOT CORP 0.0%

Value ($000) $2,771 (-9.9%) Shares 41,800 (+3.3%) Est. Cost $56.67 Unrealized +16.9%

MGRC MCGRATH RENTCORP 0.0%

Value ($000) $3,236 (-8.2%) Shares 30,844 (+2.7%) Est. Cost $106.65 Unrealized +1.6%

ASIX ADVANSIX INC 0.0%

Value ($000) $2,519 (-9.4%) Shares 145,626 (+1.5%) Est. Cost $28.98 Unrealized -40.1%

EIG EMPLOYERS HLDGS INC 0.0%

Value ($000) $6,603 (+4.0%) Shares 152,959 (+2.3%) Est. Cost $34.53 Unrealized +17.6%

SFNC SIMMONS 1ST NATL CORP 0.0%

Value ($000) $12,377 (+2.1%) Shares 656,587 (+3.8%) Est. Cost $19.93 Unrealized -7.1%

MMI MARCUS & MILLICHAP INC 0.0%

Value ($000) $5,823 (-3.8%) Shares 213,376 (+3.5%) Est. Cost $35.26 Unrealized -18.0%

TPH TRI POINTE HOMES INC 0.0%

Value ($000) $9,076 (-2.5%) Shares 288,405 (+5.3%) Est. Cost $28.13 Unrealized +15.5%

CTBI COMMUNITY TR BANCORP INC 0.0%

Value ($000) $6,543 (+3.5%) Shares 115,806 (+2.5%) Est. Cost $35.15 Unrealized +56.1%

FC FRANKLIN COVEY CO 0.0%

Value ($000) $2,894 (-6.8%) Shares 172,493 (+7.8%) Est. Cost $27.27 Unrealized -38.6%

MHO M/I HOMES INC 0.0%

Value ($000) $3,389 (-5.7%) Shares 26,486 (+6.4%) Est. Cost $68.25 Unrealized +93.7%

NOG NORTHERN OIL & GAS INC 0.0%

Value ($000) $12,301 (-1.6%) Shares 572,961 (+13.7%) Est. Cost $23.50 Unrealized -4.5%

CON CONCENTRA GROUP HOLDINGS PAR 0.0%

Value ($000) $9,023 (+2.2%) Shares 458,503 (+8.6%) Est. Cost $20.75 Unrealized -3.8%

HELE HELEN OF TROY LTD 0.0%

Value ($000) $8,344 (-2.1%) Shares 392,665 (+16.1%) Est. Cost $44.38 Unrealized -54.0%

KFY KORN FERRY 0.0%

Value ($000) $5,944 (-2.9%) Shares 90,029 (+3.0%) Est. Cost $45.57 Unrealized +46.7%

INBK FIRST INTERNET BANCORP 0.0%

Value ($000) $3,028 (-4.2%) Shares 145,106 (+3.0%) Est. Cost $23.87 Unrealized -15.7%

BCML BAYCOM CORP 0.0%

Value ($000) $3,601 (+3.7%) Shares 122,493 (+1.4%) Est. Cost $18.43 Unrealized +55.5%

KBH KB HOME 0.0%

Value ($000) $3,067 (-3.9%) Shares 54,365 (+8.4%) Est. Cost $42.47 Unrealized +43.9%

EPC EDGEWELL PERS CARE CO 0.0%

Value ($000) $5,356 (-2.1%) Shares 314,146 (+16.9%) Est. Cost $30.93 Unrealized -40.6%

NFBK NORTHFIELD BANCORP INC DEL 0.0%

Value ($000) $6,893 (-1.5%) Shares 603,076 (+1.7%) Est. Cost $10.34 Unrealized +5.6%

WNC WABASH NATL CORP 0.0%

Value ($000) $6,183 (-1.6%) Shares 714,832 (+12.3%) Est. Cost $14.11 Unrealized -38.7%

CNXN PC CONNECTION INC 0.0%

Value ($000) $2,894 (-3.3%) Shares 50,104 (+3.8%) Est. Cost $67.70 Unrealized -12.4%

RDN RADIAN GROUP INC 0.0%

Value ($000) $13,162 (+0.6%) Shares 365,709 (+1.2%) Est. Cost $18.41 Unrealized +88.8%

AIN ALBANY INTL CORP 0.0%

Value ($000) $5,464 (+0.8%) Shares 107,763 (+6.0%) Est. Cost $79.25 Unrealized -34.9%

CCS CENTURY CMNTYS INC 0.0%

Value ($000) $3,035 (+1.2%) Shares 51,140 (+8.0%) Est. Cost $56.82 Unrealized +6.8%

AZZ AZZ INC 0.0%

Value ($000) $3,355 (+1.0%) Shares 31,300 (+2.8%) Est. Cost $48.90 Unrealized +111.5%

TOWN TOWNEBANK PORTSMOUTH VA 0.0%

Value ($000) $6,074 (+0.3%) Shares 182,009 (+3.9%) Est. Cost $28.53 Unrealized +18.0%

EBF ENNIS INC 0.0%

Value ($000) $3,018 (+0.5%) Shares 167,593 (+2.0%) Est. Cost $17.20 Unrealized -0.2%

NAVI NAVIENT CORPORATION 0.0%

Value ($000) $12,850 (+0.1%) Shares 988,464 (+1.2%) Est. Cost $14.83 Unrealized -16.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MDLZ	MONDELEZ INTL INC	5,531,030 (+1919.5%)	$297,735 (+1640.2%)	0.9%	$56.68	+0.7%	CL A	609207105
CRM	SALESFORCE INC	2,804,312 (+37.1%)	$742,890 (+53.2%)	2.2%	$250.55	-1.0%	COM	79466L302
PPG	PPG INDS INC	5,877,095 (+48.9%)	$602,167 (+45.2%)	1.8%	$105.87	-5.4%	COM	693506107
CMCSA	COMCAST CORP NEW	27,768,597 (+33.0%)	$830,003 (+26.5%)	2.5%	$33.78	-15.5%	CL A	20030N101
FFIV	F5 INC	5,473,375 (+13.2%)	$1,397,134 (-10.6%)	4.2%	$194.24	+38.5%	COM	315616102
SJM	SMUCKER J M CO	2,057,630 (+300.9%)	$201,257 (+261.1%)	0.6%	$103.88	-1.0%	COM NEW	832696405
TFC	TRUIST FINL CORP	6,843,349 (+42.0%)	$336,761 (+52.9%)	1.0%	$38.81	+18.0%	COM	89832Q109
PCAR	PACCAR INC	4,023,118 (+21.3%)	$440,572 (+35.1%)	1.3%	$75.74	+33.6%	COM	693718108
FISV	FISERV INC	2,158,790 (+9.8%)	$145,006 (-42.8%)	0.4%	$138.02	-39.2%	COM	337738108
GEHC	GE HEALTHCARE TECHNOLOGIES I	9,032,745 (+7.1%)	$740,866 (+17.0%)	2.2%	$73.14	+6.5%	COMMON STOCK	36266G107
D	DOMINION ENERGY INC	11,704,010 (+14.4%)	$685,738 (+9.6%)	2.0%	$51.26	+16.6%	COM	25746U109
DE	DEERE & CO	304,670 (+52.5%)	$141,845 (+55.2%)	0.4%	$403.49	+15.9%	COM	244199105
CRBG	COREBRIDGE FINL INC	8,950,160 (+30.4%)	$270,026 (+22.8%)	0.8%	$20.55	+48.7%	COM	21871X109
LAD	LITHIA MTRS INC	546,171 (+28.2%)	$181,509 (+34.8%)	0.5%	$328.77	-3.4%	COM	536797103
WDAY	WORKDAY INC	6,757,472 (+15.7%)	$1,451,370 (+3.2%)	4.3%	$238.96	-4.9%	CL A	98138H101
CNH	CNH INDL N V	35,219,823 (+35.1%)	$324,727 (+14.8%)	1.0%	$9.37	+6.6%	SHS	N20944109
OMC	OMNICOM GROUP INC	5,518,055 (+7.8%)	$445,583 (+6.7%)	1.3%	$69.33	+9.3%	COM	681919106
TKR	TIMKEN CO	1,843,942 (+6.7%)	$155,131 (+19.4%)	0.5%	$78.23	+1.7%	COM	887389104
STZ	CONSTELLATION BRANDS INC	1,787,066 (+7.4%)	$246,544 (+10.0%)	0.7%	$170.14	-19.6%	CL A	21036P108
CRC	CALIFORNIA RES CORP	932,164 (+135.2%)	$41,677 (+97.8%)	0.1%	$45.41	+3.9%	COM STOCK	13057Q305
SLM	SLM CORP	4,374,421 (+21.2%)	$118,372 (+18.5%)	0.4%	$21.49	+27.6%	COM	78442P106
SNY	SANOFI SA	1,938,207 (+21.0%)	$93,926 (+24.3%)	0.3%	$48.40	—	SPONSORED ADR	80105N105
COP	CONOCOPHILLIPS	2,287,674 (+10.1%)	$214,149 (+9.0%)	0.6%	$100.98	-10.9%	COM	20825C104
KHC	KRAFT HEINZ CO	15,804,586 (+3.1%)	$383,261 (-4.0%)	1.1%	$31.31	-21.3%	COM	500754106
ECVT	ECOVYST INC	9,568,392 (+8.1%)	$93,100 (+20.1%)	0.3%	$9.53	-8.4%	COM	27923Q109
DOX	AMDOCS LTD	877,606 (+26.9%)	$70,656 (+24.6%)	0.2%	$77.19	+3.5%	SHS	G02602103
WK	WORKIVA INC	1,170,160 (+14.1%)	$100,926 (+14.3%)	0.3%	$76.78	+15.3%	COM CL A	98139A105
UHAL/B	U HAUL HOLDING COMPANY	3,226,832 (+1.3%)	$150,822 (-7.0%)	0.5%	$58.49	-16.8%	COM SER N	023586506
BA	BOEING CO	885,587 (+5.3%)	$192,279 (+5.9%)	0.6%	$163.08	+26.1%	COM	097023105
CRGY	CRESCENT ENERGY COMPANY	3,893,760 (+58.0%)	$32,669 (+48.6%)	0.1%	$9.98	-12.6%	CL A COM	44952J104
STGW	STAGWELL INC	22,075,107 (+4.9%)	$107,947 (-8.8%)	0.3%	$6.45	-19.4%	COM CL A	85256A109
CI	THE CIGNA GROUP	516,425 (+12.3%)	$142,136 (+7.2%)	0.4%	$264.74	+5.5%	COM	125523100
SWK	STANLEY BLACK & DECKER INC	3,228,247 (+4.0%)	$239,794 (+3.9%)	0.7%	$74.18	-5.8%	COM	854502101
CAG	CONAGRA BRANDS INC	6,975,548 (+14.0%)	$120,747 (+7.8%)	0.4%	$24.88	-29.1%	COM	205887102
EEFT	EURONET WORLDWIDE INC	1,021,153 (+4.7%)	$77,720 (-9.2%)	0.2%	$112.45	-30.7%	COM	298736109
OVV	OVINTIV INC	8,770,993 (+1.1%)	$343,735 (-1.8%)	1.0%	$47.37	-18.2%	COM	69047Q102
UNH	UNITEDHEALTH GROUP INC	1,460,213 (+3.3%)	$482,031 (-1.2%)	1.4%	$336.32	+0.3%	COM	91324P102
FIS	FIDELITY NATL INFORMATION SV	3,274,593 (+1.5%)	$217,629 (+2.3%)	0.7%	$61.23	+7.2%	COM	31620M106
FLR	FLUOR CORP NEW	3,587,735 (+3.3%)	$142,182 (-2.7%)	0.4%	$30.15	+46.7%	COM	343412102
ZBH	ZIMMER BIOMET HOLDINGS INC	1,724,601 (+7.1%)	$155,076 (-2.2%)	0.5%	$107.08	-11.7%	COM	98956P102
HUN	HUNTSMAN CORP	1,294,140 (+18.4%)	$12,941 (+31.8%)	0.0%	$18.41	-50.3%	COM	447011107
DEI	DOUGLAS EMMETT INC	789,790 (+7.9%)	$8,680 (-23.9%)	0.0%	$15.24	—	COM	25960P109
NRC	NATIONAL RESH CORP	342,400 (+17.1%)	$6,427 (+72.0%)	0.0%	$17.83	-15.4%	COM NEW	637372202
RHI	ROBERT HALF INC.	536,871 (+53.4%)	$14,581 (+22.6%)	0.0%	$34.40	-17.0%	COM	770323103
GT	GOODYEAR TIRE & RUBR CO	1,116,546 (+17.1%)	$9,781 (+37.2%)	0.0%	$15.38	-48.8%	COM	382550101
AXTA	AXALTA COATING SYS LTD	448,984 (+8.3%)	$14,507 (+22.3%)	0.0%	$30.04	-2.3%	COM	G0750C108
RUSHA	RUSH ENTERPRISES INC	826,345 (+5.1%)	$44,573 (+6.1%)	0.1%	$43.14	+20.4%	CL A	781846209
WGO	WINNEBAGO INDS INC	304,243 (+4.0%)	$12,328 (+26.0%)	0.0%	$33.12	+10.1%	COM	974637100
WEX	WEX INC	381,331 (+10.0%)	$56,811 (+4.0%)	0.2%	$170.12	-11.4%	COM	96208T104
AMPH	AMPHASTAR PHARMACEUTICALS IN	402,563 (+23.4%)	$10,781 (+24.0%)	0.0%	$35.60	-27.6%	COM	03209R103
MSBI	MIDLAND STATES BANCORP INC	371,784 (+9.9%)	$7,871 (+35.8%)	0.0%	$19.67	-12.2%	COM	597742105
SNDR	SCHNEIDER NATIONAL INC	275,995 (+8.8%)	$7,322 (+36.4%)	0.0%	$24.59	-4.0%	CL B	80689H102
MATX	MATSON INC	63,541 (+5.5%)	$7,850 (+32.2%)	0.0%	$106.22	+0.8%	COM	57686G105
GNTX	GENTEX CORP	478,953 (+3.8%)	$11,145 (-14.6%)	0.0%	$25.18	-4.2%	COM	371901109
VAC	MARRIOTT VACATIONS WORLDWIDE	1,161,395 (+12.2%)	$67,001 (-2.8%)	0.2%	$84.92	-30.4%	COM	57164Y107
HRI	HERC HLDGS INC	49,715 (+5.5%)	$7,377 (+34.1%)	0.0%	$127.83	+6.4%	COM	42704L104
BDN	BRANDYWINE RLTY TR	1,642,149 (+4.7%)	$4,795 (-26.7%)	0.0%	$4.11	—	SH BEN INT NEW	105368203
NMIH	NMI HLDGS INC	345,944 (+7.1%)	$14,111 (+14.0%)	0.0%	$25.21	+50.0%	COM	629209305
LEG	LEGGETT & PLATT INC	741,920 (+1.8%)	$8,161 (+26.0%)	0.0%	$14.44	-31.9%	COM	524660107
NBBK	NB BANCORP INC	701,992 (+1.0%)	$13,913 (+13.4%)	0.0%	$18.26	+4.2%	COM	63945M107
ONEW	ONEWATER MARINE INC	408,888 (+6.8%)	$4,424 (-27.0%)	0.0%	$22.06	-39.5%	CL A COM	68280L101
WHD	CACTUS INC	174,970 (+8.4%)	$7,993 (+25.5%)	0.0%	$45.33	-7.8%	CL A	127203107
KMPR	KEMPER CORP	267,456 (+10.8%)	$10,843 (-12.9%)	0.0%	$53.05	-19.3%	COM	488401100
SM	SM ENERGY CO	564,730 (+16.2%)	$10,560 (-13.0%)	0.0%	$25.51	-21.6%	COM	78454L100
KFRC	KFORCE INC	447,105 (+9.2%)	$13,824 (+12.6%)	0.0%	$48.30	-39.1%	COM	493732101
GIC	GLOBAL INDUSTRIAL COMPANY	222,834 (+2.0%)	$6,511 (-18.7%)	0.0%	$25.75	+17.7%	COM	37892E102
MLKN	MILLERKNOLL INC	588,937 (+12.4%)	$10,766 (+15.8%)	0.0%	$22.30	-27.4%	COM	600544100
SAIC	SCIENCE APPLICATIONS INTL CO	95,605 (+15.7%)	$9,624 (+17.2%)	0.0%	$108.82	-12.2%	COM	808625107
MSFT	MICROSOFT CORP	53,604 (+1.6%)	$25,924 (-5.1%)	0.1%	$381.78	+31.1%	COM	594918104
TBI	TRUEBLUE INC	1,399,565 (+10.9%)	$6,368 (-17.7%)	0.0%	$16.36	-68.6%	COM	89785X101
NSP	INSPERITY INC	134,315 (+1.7%)	$5,201 (-20.0%)	0.0%	$83.30	-52.7%	COM	45778Q107
OBK	ORIGIN BANCORP INC	272,729 (+4.7%)	$10,257 (+14.0%)	0.0%	$36.42	-1.6%	COM	68621T102
UNF	UNIFIRST CORP MASS	37,919 (+4.7%)	$7,315 (+20.8%)	0.0%	$177.43	-5.0%	COM	904708104
NBN	NORTHEAST BK PORTLAND ME	132,961 (+5.6%)	$13,819 (+9.6%)	0.0%	$87.03	+7.2%	COM	66405S100
CAC	CAMDEN NATL CORP	169,420 (+6.0%)	$7,349 (+19.2%)	0.0%	$33.95	+17.5%	COM	133034108
HGV	HILTON GRAND VACATIONS INC	292,358 (+2.2%)	$13,083 (+9.4%)	0.0%	$41.88	+1.4%	COM	43283X105
OLN	OLIN CORP	15,278,245 (+20.4%)	$318,246 (+0.4%)	1.0%	$41.34	-48.1%	COM PAR $1	680665205
APOG	APOGEE ENTERPRISES INC	243,271 (+7.5%)	$8,857 (-10.2%)	0.0%	$52.60	-28.8%	COM	037598109
WAFD	WAFD INC	452,517 (+1.6%)	$14,494 (+7.5%)	0.0%	$26.25	+16.1%	COM	938824109
ACDC	PROFRAC HLDG CORP	1,666,290 (+12.2%)	$6,482 (+18.0%)	0.0%	$6.50	-37.2%	CLASS A COM	74319N100
IOSP	INNOSPEC INC	125,062 (+12.2%)	$9,572 (+11.3%)	0.0%	$91.47	-18.0%	COM	45768S105
ACEL	ACCEL ENTERTAINMENT INC	910,430 (+6.2%)	$10,388 (+9.5%)	0.0%	$10.85	-3.0%	COM CL A1	00436Q106
PHIN	PHINIA INC	124,299 (+3.2%)	$7,792 (+12.6%)	0.0%	$29.43	+87.3%	COMMON STOCK	71880K101
HVT	HAVERTY FURNITURE COS INC	452,251 (+2.1%)	$10,565 (+8.8%)	0.0%	$28.05	-19.8%	COM	419596101
ENR	ENERGIZER HLDGS INC NEW	259,667 (+7.7%)	$5,165 (-13.9%)	0.0%	$28.65	-25.7%	COM	29272W109
MSM	MSC INDL DIRECT INC	145,079 (+2.6%)	$12,201 (-6.4%)	0.0%	$81.98	+5.7%	CL A	553530106
TITN	TITAN MACHY INC	608,301 (+22.1%)	$9,149 (+9.7%)	0.0%	$21.55	-25.3%	COM	88830R101
SNCY	SUN CTRY AIRLS HLDGS INC	293,149 (+1.3%)	$4,218 (+23.5%)	0.0%	$11.23	+13.9%	COM	866683105
SON	SONOCO PRODS CO	154,618 (+11.8%)	$6,748 (+13.2%)	0.0%	$44.84	-8.2%	COM	835495102
LOCO	EL POLLO LOCO HLDGS INC	652,433 (+3.4%)	$6,824 (+11.5%)	0.0%	$11.06	-6.5%	COM	268603107
MRTN	MARTEN TRANS LTD	288,702 (+19.2%)	$3,285 (+27.3%)	0.0%	$17.02	-37.9%	COM	573075108
FORR	FORRESTER RESH INC	349,239 (+4.6%)	$2,836 (-19.9%)	0.0%	$14.23	-44.8%	COM	346563109
BBWI	BATH & BODY WORKS INC	244,780 (+12.8%)	$4,915 (-12.1%)	0.0%	$28.09	-22.7%	COM	070830104
NEXT	NEXTDECADE CORP	2,629,144 (+35.1%)	$13,856 (+4.9%)	0.0%	$5.95	+0.2%	COM	65342K105
SLVM	SYLVAMO CORP	141,587 (+1.2%)	$6,817 (+10.1%)	0.0%	$44.55	+1.2%	COMMON STOCK	871332102
THFF	FIRST FINANCIAL CORPORATION	122,851 (+2.0%)	$7,423 (+9.2%)	0.0%	$40.79	+39.9%	COM	320218100
OXM	OXFORD INDS INC	248,212 (+10.6%)	$8,489 (-6.7%)	0.0%	$71.89	-48.3%	COM	691497309
NGVT	INGEVITY CORP	120,630 (+1.4%)	$7,139 (+8.7%)	0.0%	$50.53	+7.4%	COM	45688C107
PK	PARK HOTELS & RESORTS INC	1,140,329 (+1.1%)	$11,928 (-4.6%)	0.0%	$11.37	—	COM	700517105
ABM	ABM INDS INC	202,726 (+2.2%)	$8,575 (-6.2%)	0.0%	$40.91	+6.7%	COM	000957100
GMRE	GLOBAL MED REIT INC	247,330 (+6.9%)	$8,345 (+7.0%)	0.0%	$33.71	—	COM NEW	37954A303
WASH	WASHINGTON TR BANCORP INC	350,893 (+3.2%)	$10,369 (+5.5%)	0.0%	$28.17	-0.9%	COM	940610108
FMBH	FIRST MID ILL BANCSHARES INC	169,444 (+5.2%)	$6,608 (+8.3%)	0.0%	$33.27	+13.3%	COM	320866106
CASS	CASS INFORMATION SYS INC	79,312 (+12.0%)	$3,293 (+18.2%)	0.0%	$40.56	-0.2%	COM	14808P109
ACRE	ARES COML REAL ESTATE CORP	1,347,342 (+2.4%)	$6,440 (+8.5%)	0.0%	$6.52	—	COM	04013V108
AMTB	AMERANT BANCORP INC	484,718 (+4.3%)	$9,457 (+5.6%)	0.0%	$21.17	-12.6%	CL A	023576101
FG	F&G ANNUITIES & LIFE INC	314,594 (+6.9%)	$9,705 (+5.5%)	0.0%	$38.06	-18.3%	COMMON STOCK	30190A104
FSBC	FIVE STAR BANCORP	89,710 (+6.7%)	$3,210 (+18.5%)	0.0%	$29.97	+14.7%	COM	33830T103
UFPI	UFP INDUSTRIES INC	101,796 (+8.3%)	$9,269 (+5.5%)	0.0%	$100.25	-8.7%	COM	90278Q108
COLM	COLUMBIA SPORTSWEAR CO	120,080 (+2.4%)	$6,615 (+7.9%)	0.0%	$55.65	-4.3%	COM	198516106
AROW	ARROW FINL CORP	116,889 (+3.7%)	$3,670 (+15.1%)	0.0%	$23.42	+24.7%	COM	042744102
CENT	CENTRAL GARDEN & PET CO	195,796 (+9.4%)	$6,295 (+7.8%)	0.0%	$35.08	-9.0%	COM	153527106
ESNT	ESSENT GROUP LTD	203,811 (+1.1%)	$13,250 (+3.4%)	0.0%	$40.61	+52.9%	COM	G3198U102
FRME	FIRST MERCHANTS CORP	333,596 (+3.7%)	$12,503 (+3.1%)	0.0%	$37.42	-1.7%	COM	320817109
WHR	WHIRLPOOL CORP	62,901 (+18.8%)	$4,538 (+9.0%)	0.0%	$140.54	-47.5%	COM	963320106
HALO	HALOZYME THERAPEUTICS INC	141,148 (+4.8%)	$9,499 (-3.8%)	0.0%	$66.46	+1.2%	COM	40637H109
MPB	MID PENN BANCORP INC	112,287 (+2.5%)	$3,483 (+11.0%)	0.0%	$28.27	+3.3%	COM	59540G107
CBNK	CAPITAL BANCORP INC MD	104,834 (+1.6%)	$2,953 (-10.3%)	0.0%	$29.25	-2.4%	COM	139737100
PLAY	DAVE & BUSTERS ENTMT INC	243,940 (+22.5%)	$3,954 (+9.4%)	0.0%	$32.83	-49.0%	COM	238337109
FBIN	FORTUNE BRANDS INNOVATIONS I	249,391 (+9.7%)	$12,475 (+2.7%)	0.0%	$55.17	-9.7%	COM	34964C106
SRCE	1ST SOURCE CORP	154,289 (+2.0%)	$9,642 (+3.5%)	0.0%	$56.58	—	COM	336901103
CBT	CABOT CORP	41,800 (+3.3%)	$2,771 (-9.9%)	0.0%	$56.67	+16.9%	COM	127055101
MGRC	MCGRATH RENTCORP	30,844 (+2.7%)	$3,236 (-8.2%)	0.0%	$106.65	+1.6%	COM	580589109
ASIX	ADVANSIX INC	145,626 (+1.5%)	$2,519 (-9.4%)	0.0%	$28.98	-40.1%	COM	00773T101
EIG	EMPLOYERS HLDGS INC	152,959 (+2.3%)	$6,603 (+4.0%)	0.0%	$34.53	+17.6%	COM	292218104
SFNC	SIMMONS 1ST NATL CORP	656,587 (+3.8%)	$12,377 (+2.1%)	0.0%	$19.93	-7.1%	CL A $1 PAR	828730200
MMI	MARCUS & MILLICHAP INC	213,376 (+3.5%)	$5,823 (-3.8%)	0.0%	$35.26	-18.0%	COM	566324109
TPH	TRI POINTE HOMES INC	288,405 (+5.3%)	$9,076 (-2.5%)	0.0%	$28.13	+15.5%	COM	87265H109
CTBI	COMMUNITY TR BANCORP INC	115,806 (+2.5%)	$6,543 (+3.5%)	0.0%	$35.15	+56.1%	COM	204149108
FC	FRANKLIN COVEY CO	172,493 (+7.8%)	$2,894 (-6.8%)	0.0%	$27.27	-38.6%	COM	353469109
MHO	M/I HOMES INC	26,486 (+6.4%)	$3,389 (-5.7%)	0.0%	$68.25	+93.7%	COM	55305B101
NOG	NORTHERN OIL & GAS INC	572,961 (+13.7%)	$12,301 (-1.6%)	0.0%	$23.50	-4.5%	COM	665531307
CON	CONCENTRA GROUP HOLDINGS PAR	458,503 (+8.6%)	$9,023 (+2.2%)	0.0%	$20.75	-3.8%	COMMON STOCK	20603L102
HELE	HELEN OF TROY LTD	392,665 (+16.1%)	$8,344 (-2.1%)	0.0%	$44.38	-54.0%	COM	G4388N106
KFY	KORN FERRY	90,029 (+3.0%)	$5,944 (-2.9%)	0.0%	$45.57	+46.7%	COM NEW	500643200
INBK	FIRST INTERNET BANCORP	145,106 (+3.0%)	$3,028 (-4.2%)	0.0%	$23.87	-15.7%	COM	320557101
BCML	BAYCOM CORP	122,493 (+1.4%)	$3,601 (+3.7%)	0.0%	$18.43	+55.5%	COM	07272M107
KBH	KB HOME	54,365 (+8.4%)	$3,067 (-3.9%)	0.0%	$42.47	+43.9%	COM	48666K109
EPC	EDGEWELL PERS CARE CO	314,146 (+16.9%)	$5,356 (-2.1%)	0.0%	$30.93	-40.6%	COM	28035Q102
NFBK	NORTHFIELD BANCORP INC DEL	603,076 (+1.7%)	$6,893 (-1.5%)	0.0%	$10.34	+5.6%	COM	66611T108
WNC	WABASH NATL CORP	714,832 (+12.3%)	$6,183 (-1.6%)	0.0%	$14.11	-38.7%	COM	929566107
CNXN	PC CONNECTION INC	50,104 (+3.8%)	$2,894 (-3.3%)	0.0%	$67.70	-12.4%	COM	69318J100
RDN	RADIAN GROUP INC	365,709 (+1.2%)	$13,162 (+0.6%)	0.0%	$18.41	+88.8%	COM	750236101
AIN	ALBANY INTL CORP	107,763 (+6.0%)	$5,464 (+0.8%)	0.0%	$79.25	-34.9%	CL A	012348108
CCS	CENTURY CMNTYS INC	51,140 (+8.0%)	$3,035 (+1.2%)	0.0%	$56.82	+6.8%	COM	156504300
AZZ	AZZ INC	31,300 (+2.8%)	$3,355 (+1.0%)	0.0%	$48.90	+111.5%	COM	002474104
TOWN	TOWNEBANK PORTSMOUTH VA	182,009 (+3.9%)	$6,074 (+0.3%)	0.0%	$28.53	+18.0%	COM	89214P109
EBF	ENNIS INC	167,593 (+2.0%)	$3,018 (+0.5%)	0.0%	$17.20	-0.2%	COM	293389102
NAVI	NAVIENT CORPORATION	988,464 (+1.2%)	$12,850 (+0.1%)	0.0%	$14.83	-16.1%	COM	63938C108

Exited Positions (13)

WBD WARNER BROS DISCOVERY INC 1.1%

Value ($000) $358,266 Shares 18,344,401 Est. Cost $18.02 Unrealized +29.7%

— UNILEVER PLC 0.5%

Value ($000) $168,739 Shares 2,846,474 Est. Cost $54.05 Unrealized —

QQQ INVESCO QQQ TR 0.2%

Value ($000) $58,836 Shares 98,000 Est. Cost — Unrealized —

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $14,351 Shares 18,021 Est. Cost $309.95 Unrealized +162.4%

— CUSHMAN WAKEFIELD PLC 0.0%

Value ($000) $13,205 Shares 829,443 Est. Cost $10.87 Unrealized —

— VERITEX HLDGS INC 0.0%

Value ($000) $12,996 Shares 387,600 Est. Cost $20.36 Unrealized —

— HEIDRICK & STRUGGLES INTL IN 0.0%

Value ($000) $12,918 Shares 259,554 Est. Cost $31.41 Unrealized —

— BERRY CORP 0.0%

Value ($000) $12,733 Shares 3,368,530 Est. Cost $3.20 Unrealized —

— VITAL ENERGY INC 0.0%

Value ($000) $12,402 Shares 734,301 Est. Cost $33.32 Unrealized —

— THE ODP CORP 0.0%

Value ($000) $2,765 Shares 99,280 Est. Cost $31.57 Unrealized —

KEY KEYCORP 0.0%

Value ($000) $2,410 Shares 128,938 Est. Cost $12.90 Unrealized +43.3%

PSKY PARAMOUNT SKYDANCE CORP 0.0%

Value ($000) $302 Shares 15,956 Est. Cost $14.51 Unrealized +7.3%

SAN BANCO SANTANDER S.A. 0.0%

Value ($000) $155 Shares 14,750 Est. Cost $4.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WBD	WARNER BROS DISCOVERY INC	18,344,401	$358,266	1.1%	$18.02	+29.7%	—	934423104
—	UNILEVER PLC	2,846,474	$168,739	0.5%	$54.05	—	—	904767704
QQQ	INVESCO QQQ TR	98,000	$58,836	0.2%	—	—	PUT	46090E103
GS	GOLDMAN SACHS GROUP INC	18,021	$14,351	0.0%	$309.95	+162.4%	—	38141G104
—	CUSHMAN WAKEFIELD PLC	829,443	$13,205	0.0%	$10.87	—	—	G2717B108
—	VERITEX HLDGS INC	387,600	$12,996	0.0%	$20.36	—	—	923451108
—	HEIDRICK & STRUGGLES INTL IN	259,554	$12,918	0.0%	$31.41	—	—	422819102
—	BERRY CORP	3,368,530	$12,733	0.0%	$3.20	—	—	08579X101
—	VITAL ENERGY INC	734,301	$12,402	0.0%	$33.32	—	—	516806205
—	THE ODP CORP	99,280	$2,765	0.0%	$31.57	—	—	88337F105
KEY	KEYCORP	128,938	$2,410	0.0%	$12.90	+43.3%	—	493267108
PSKY	PARAMOUNT SKYDANCE CORP	15,956	$302	0.0%	$14.51	+7.3%	—	69932A204
SAN	BANCO SANTANDER S.A.	14,750	$155	0.0%	$4.56	—	—	05964H105

Decreased Positions (156)

GM GENERAL MTRS CO 2.5%

Value ($000) $845,040 (+26.3%) Shares 10,391,542 (-5.3%) Est. Cost $36.64 Unrealized +92.2%

BKR BAKER HUGHES COMPANY 0.6%

Value ($000) $194,127 (-45.9%) Shares 4,262,778 (-42.1%) Est. Cost $32.05 Unrealized +47.7%

HCA HCA HEALTHCARE INC 0.6%

Value ($000) $207,317 (-36.5%) Shares 444,067 (-42.1%) Est. Cost $214.78 Unrealized +115.9%

ERIC TELEFONAKTIEBOLAGET LM ERICS 2.7%

Value ($000) $889,080 (+11.5%) Shares 92,132,605 (-4.4%) Est. Cost $6.22 Unrealized —

MDT MEDTRONIC PLC 1.4%

Value ($000) $463,077 (-16.5%) Shares 4,820,704 (-17.2%) Est. Cost $75.69 Unrealized +28.3%

TEL TE CONNECTIVITY PLC 0.6%

Value ($000) $188,045 (-31.6%) Shares 826,537 (-34.0%) Est. Cost $146.90 Unrealized +57.4%

CMI CUMMINS INC 1.4%

Value ($000) $455,969 (-14.8%) Shares 893,268 (-29.5%) Est. Cost $147.49 Unrealized +216.2%

C CITIGROUP INC 2.7%

Value ($000) $891,712 (+9.1%) Shares 7,641,714 (-5.1%) Est. Cost $44.50 Unrealized +132.9%

GOOGL ALPHABET INC 1.3%

Value ($000) $444,314 (-10.5%) Shares 1,419,534 (-30.5%) Est. Cost $111.49 Unrealized +156.2%

PPL PPL CORP 0.7%

Value ($000) $244,665 (-16.8%) Shares 6,986,449 (-11.7%) Est. Cost $22.38 Unrealized +60.1%

GD GENERAL DYNAMICS CORP 0.4%

Value ($000) $140,627 (-23.5%) Shares 417,712 (-22.5%) Est. Cost $227.29 Unrealized +50.0%

SLB SLB LIMITED 1.3%

Value ($000) $450,863 (+9.4%) Shares 11,747,332 (-2.0%) Est. Cost $35.63 Unrealized +1.2%

STT STATE STR CORP 1.7%

Value ($000) $565,934 (+7.3%) Shares 4,386,744 (-3.5%) Est. Cost $68.78 Unrealized +73.0%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.6%

Value ($000) $214,533 (+21.5%) Shares 2,584,740 (-1.8%) Est. Cost $70.66 Unrealized +5.6%

WFC WELLS FARGO CO NEW 1.8%

Value ($000) $609,126 (+6.4%) Shares 6,535,687 (-4.3%) Est. Cost $34.98 Unrealized +147.7%

JLL JONES LANG LASALLE INC 0.1%

Value ($000) $30,464 (-49.3%) Shares 90,540 (-55.0%) Est. Cost $188.59 Unrealized +66.2%

BAC BANK AMERICA CORP 0.7%

Value ($000) $250,099 (-8.8%) Shares 4,547,256 (-14.4%) Est. Cost $30.63 Unrealized +72.0%

BPOP POPULAR INC 0.2%

Value ($000) $73,673 (-22.6%) Shares 591,656 (-21.1%) Est. Cost $41.10 Unrealized +186.3%

FTV FORTIVE CORP 0.6%

Value ($000) $202,748 (+11.3%) Shares 3,672,300 (-1.3%) Est. Cost $50.17 Unrealized +3.4%

GSK GSK PLC 0.5%

Value ($000) $179,385 (-9.7%) Shares 3,657,931 (-20.5%) Est. Cost $32.63 Unrealized —

NOV NOV INC 1.5%

Value ($000) $507,438 (-3.6%) Shares 32,465,667 (-18.3%) Est. Cost $16.29 Unrealized -8.9%

KOS KOSMOS ENERGY LTD 0.1%

Value ($000) $18,249 (-47.6%) Shares 20,110,881 (-4.2%) Est. Cost $4.45 Unrealized -70.4%

LH LABCORP HOLDINGS INC 0.3%

Value ($000) $92,559 (-14.4%) Shares 368,938 (-2.1%) Est. Cost $199.84 Unrealized +32.7%

CNC CENTENE CORP DEL 0.4%

Value ($000) $131,401 (+11.3%) Shares 3,193,209 (-3.5%) Est. Cost $57.16 Unrealized -34.5%

BTE BAYTEX ENERGY CORP 0.0%

Value ($000) $16,484 (-43.9%) Shares 5,103,473 (-59.4%) Est. Cost $3.28 Unrealized -15.0%

MGA MAGNA INTL INC 1.6%

Value ($000) $525,221 (+2.4%) Shares 9,854,052 (-9.0%) Est. Cost $42.66 Unrealized +14.6%

AVT AVNET INC 0.3%

Value ($000) $94,906 (-9.8%) Shares 1,973,911 (-1.9%) Est. Cost $50.56 Unrealized -3.3%

ATMU ATMUS FILTRATION TECHNOLOGIE 0.0%

Value ($000) $15,114 (-37.1%) Shares 291,153 (-45.4%) Est. Cost $22.69 Unrealized +113.1%

MAN MANPOWERGROUP INC WIS 0.1%

Value ($000) $21,100 (-29.4%) Shares 709,730 (-10.0%) Est. Cost $80.85 Unrealized -61.4%

LIVN LIVANOVA PLC 0.2%

Value ($000) $64,021 (+15.2%) Shares 1,040,481 (-1.9%) Est. Cost $47.13 Unrealized +21.2%

BBT BEACON FINANCIAL CORP. 0.0%

Value ($000) $13,205 (-38.7%) Shares 500,742 (-44.8%) Est. Cost $24.21 Unrealized +3.0%

MUR MURPHY OIL CORP 0.5%

Value ($000) $154,411 (+5.6%) Shares 4,941,152 (-4.0%) Est. Cost $27.01 Unrealized +9.6%

SAH SONIC AUTOMOTIVE INC 0.1%

Value ($000) $17,716 (-28.8%) Shares 286,384 (-12.4%) Est. Cost $38.20 Unrealized +73.3%

OGE OGE ENERGY CORP 0.1%

Value ($000) $36,914 (-16.1%) Shares 864,496 (-9.1%) Est. Cost $39.25 Unrealized +13.6%

CVI CVR ENERGY INC 0.0%

Value ($000) $9,306 (-41.9%) Shares 365,790 (-16.7%) Est. Cost $21.76 Unrealized +56.4%

ACHC ACADIA HEALTHCARE COMPANY IN 0.0%

Value ($000) $7,753 (-45.5%) Shares 546,391 (-4.8%) Est. Cost $29.38 Unrealized -35.6%

CXT CRANE NXT CO 0.0%

Value ($000) $9,068 (-37.6%) Shares 192,644 (-11.1%) Est. Cost $56.06 Unrealized +5.2%

BCO BRINKS CO 0.1%

Value ($000) $43,374 (-11.1%) Shares 371,573 (-11.0%) Est. Cost $66.52 Unrealized +71.5%

LEA LEAR CORP 0.2%

Value ($000) $61,953 (+9.0%) Shares 540,602 (-4.3%) Est. Cost $95.16 Unrealized +11.7%

COLB COLUMBIA BKG SYS INC 0.0%

Value ($000) $13,337 (-27.6%) Shares 477,176 (-33.3%) Est. Cost $24.93 Unrealized +7.7%

SRG SERITAGE GROWTH PPTYS 0.0%

Value ($000) $14,690 (-25.2%) Shares 4,520,040 (-2.2%) Est. Cost $26.15 Unrealized -85.5%

NCMI NATIONAL CINEMEDIA INC 0.1%

Value ($000) $23,098 (-16.7%) Shares 5,937,913 (-3.5%) Est. Cost $4.32 Unrealized -4.1%

NTB BANK OF NT BUTTERFIELD&SON L 0.1%

Value ($000) $44,792 (+10.4%) Shares 899,070 (-4.9%) Est. Cost $23.37 Unrealized +97.2%

KALU KAISER ALUMINUM CORP 0.1%

Value ($000) $17,168 (+30.9%) Shares 149,470 (-12.0%) Est. Cost $78.15 Unrealized +20.8%

CFG CITIZENS FINL GROUP INC 1.2%

Value ($000) $389,900 (-1.0%) Shares 6,675,233 (-9.9%) Est. Cost $27.19 Unrealized +97.1%

CMA COMERICA INC 0.0%

Value ($000) $496 (-88.5%) Shares 5,700 (-91.0%) Est. Cost $45.48 Unrealized +75.8%

PUMP PROPETRO HLDG CORP 0.0%

Value ($000) $10,996 (+53.3%) Shares 1,156,295 (-15.6%) Est. Cost $7.60 Unrealized +14.4%

REZI RESIDEO TECHNOLOGIES INC 0.0%

Value ($000) $7,692 (-31.7%) Shares 219,022 (-16.0%) Est. Cost $19.13 Unrealized +93.4%

PBF PBF ENERGY INC 0.0%

Value ($000) $11,333 (-23.4%) Shares 417,885 (-14.8%) Est. Cost $30.03 Unrealized +6.6%

PLAB PHOTRONICS INC 0.1%

Value ($000) $16,936 (+23.4%) Shares 529,249 (-11.5%) Est. Cost $19.54 Unrealized +32.0%

THR THERMON GROUP HLDGS INC 0.0%

Value ($000) $16,259 (+23.5%) Shares 437,552 (-11.2%) Est. Cost $24.16 Unrealized +35.9%

FHB FIRST HAWAIIAN INC 0.2%

Value ($000) $72,783 (-3.5%) Shares 2,876,812 (-5.3%) Est. Cost $18.58 Unrealized +31.7%

DK DELEK US HLDGS INC NEW 0.0%

Value ($000) $11,271 (-18.2%) Shares 380,010 (-11.0%) Est. Cost $17.72 Unrealized +101.0%

HII HUNTINGTON INGALLS INDS INC 0.2%

Value ($000) $65,538 (-3.7%) Shares 192,719 (-18.4%) Est. Cost $189.03 Unrealized +63.7%

UHS UNIVERSAL HLTH SVCS INC 0.0%

Value ($000) $6,803 (-26.3%) Shares 31,205 (-30.8%) Est. Cost $144.88 Unrealized +52.5%

LBRT LIBERTY ENERGY INC 0.0%

Value ($000) $10,537 (+29.5%) Shares 570,790 (-13.5%) Est. Cost $13.37 Unrealized +25.0%

HLF HERBALIFE LTD 0.0%

Value ($000) $7,260 (+48.9%) Shares 563,210 (-2.5%) Est. Cost $17.36 Unrealized -39.0%

MLR MILLER INDS INC TENN 0.1%

Value ($000) $20,637 (-9.8%) Shares 552,241 (-2.5%) Est. Cost $30.96 Unrealized +25.3%

WTTR SELECT WATER SOLUTIONS INC 0.0%

Value ($000) $6,003 (-26.8%) Shares 570,591 (-25.6%) Est. Cost $9.79 Unrealized —

ARDT ARDENT HEALTH INC 0.0%

Value ($000) $4,201 (-34.1%) Shares 475,806 (-1.1%) Est. Cost $12.51 Unrealized -7.6%

RTX RTX CORPORATION 0.3%

Value ($000) $96,181 (-2.2%) Shares 524,431 (-10.8%) Est. Cost $78.47 Unrealized +120.9%

MDU MDU RES GROUP INC 0.1%

Value ($000) $22,979 (-8.6%) Shares 1,177,200 (-16.6%) Est. Cost $16.60 Unrealized +17.9%

WTM WHITE MTNS INS GROUP LTD 0.0%

Value ($000) $14,031 (+18.1%) Shares 6,752 (-5.0%) Est. Cost $1463.39 Unrealized +33.6%

PLUS EPLUS INC 0.0%

Value ($000) $11,831 (+21.8%) Shares 134,899 (-1.4%) Est. Cost $62.36 Unrealized +32.3%

NESR NATIONAL ENERGY SERVICES REU 0.0%

Value ($000) $8,513 (+32.6%) Shares 543,610 (-13.1%) Est. Cost $8.87 Unrealized +47.9%

AMWD AMERICAN WOODMARK CORPORATIO 0.0%

Value ($000) $8,242 (-20.1%) Shares 152,915 (-1.0%) Est. Cost $80.36 Unrealized -27.1%

BANC BANC OF CALIFORNIA INC 0.0%

Value ($000) $15,525 (+15.2%) Shares 804,824 (-1.2%) Est. Cost $13.26 Unrealized +34.6%

BC BRUNSWICK CORP 0.0%

Value ($000) $14,778 (+16.0%) Shares 199,057 (-1.2%) Est. Cost $58.97 Unrealized +14.5%

JAZZ JAZZ PHARMACEUTICALS PLC 0.1%

Value ($000) $20,227 (+11.1%) Shares 118,982 (-13.8%) Est. Cost $122.92 Unrealized +24.7%

NTRS NORTHERN TR CORP 0.0%

Value ($000) $697 (-74.4%) Shares 5,100 (-74.8%) Est. Cost $82.42 Unrealized +58.6%

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $10,270 (-15.9%) Shares 64,030 (-15.0%) Est. Cost $95.73 Unrealized +60.4%

BKU BANKUNITED INC 0.0%

Value ($000) $14,831 (+15.0%) Shares 332,750 (-1.5%) Est. Cost $27.94 Unrealized +47.1%

CLB CORE LABORATORIES INC 0.0%

Value ($000) $8,834 (+27.7%) Shares 551,115 (-1.5%) Est. Cost $15.29 Unrealized -2.7%

HTBK HERITAGE COMM CORP 0.0%

Value ($000) $11,643 (+19.7%) Shares 969,474 (-1.0%) Est. Cost $9.17 Unrealized +18.4%

BLBD BLUE BIRD CORP 0.0%

Value ($000) $7,880 (-19.2%) Shares 167,670 (-1.0%) Est. Cost $36.68 Unrealized +42.5%

WFRD WEATHERFORD INTL PLC 0.1%

Value ($000) $18,458 (+11.1%) Shares 235,850 (-2.8%) Est. Cost $54.14 Unrealized +34.1%

BRSL BRIGHTSTAR LOTTERY PLC 0.0%

Value ($000) $12,083 (-13.1%) Shares 780,554 (-3.2%) Est. Cost $16.28 Unrealized -0.7%

PWP PERELLA WEINBERG PARTNERS 0.0%

Value ($000) $2,866 (-37.9%) Shares 165,640 (-23.5%) Est. Cost $8.33 Unrealized +122.9%

CSTM CONSTELLIUM SE 0.0%

Value ($000) $8,448 (+25.2%) Shares 448,180 (-1.2%) Est. Cost $15.53 Unrealized +6.9%

INVX INNOVEX INTERNATIONAL INC 0.0%

Value ($000) $12,066 (+16.1%) Shares 551,703 (-1.6%) Est. Cost $15.90 Unrealized +31.3%

ASTH ASTRANA HEALTH INC 0.0%

Value ($000) $10,344 (-13.5%) Shares 416,930 (-1.1%) Est. Cost $30.03 Unrealized -11.6%

ASB ASSOCIATED BANC CORP 0.1%

Value ($000) $26,757 (-5.7%) Shares 1,038,701 (-5.8%) Est. Cost $19.27 Unrealized +32.7%

SIG SIGNET JEWELERS LIMITED 0.0%

Value ($000) $5,797 (-21.2%) Shares 69,942 (-8.8%) Est. Cost $62.30 Unrealized +52.5%

AVA AVISTA CORP 0.1%

Value ($000) $33,311 (-4.5%) Shares 864,319 (-6.3%) Est. Cost $34.34 Unrealized +12.9%

— HILLENBRAND INC 0.0%

Value ($000) $12,667 (-10.8%) Shares 399,327 (-24.0%) Est. Cost $31.74 Unrealized —

BKH BLACK HILLS CORP 0.1%

Value ($000) $26,419 (+6.1%) Shares 380,574 (-5.8%) Est. Cost $58.25 Unrealized +14.1%

XPRO EXPRO GROUP HOLDINGS NV 0.1%

Value ($000) $23,054 (+6.7%) Shares 1,726,856 (-5.0%) Est. Cost $13.78 Unrealized -2.2%

PII POLARIS INC 0.0%

Value ($000) $9,351 (-13.3%) Shares 147,842 (-20.3%) Est. Cost $63.24 Unrealized +4.1%

PARR PAR PAC HOLDINGS INC 0.0%

Value ($000) $12,711 (-9.9%) Shares 361,718 (-9.2%) Est. Cost $18.92 Unrealized +110.1%

FISI FINANCIAL INSTNS INC 0.0%

Value ($000) $11,266 (+13.4%) Shares 361,452 (-1.0%) Est. Cost $22.66 Unrealized +29.0%

GBLI GLOBAL INDEMNITY GROUP LLC 0.1%

Value ($000) $27,006 (-4.6%) Shares 950,933 (-2.4%) Est. Cost $19.16 Unrealized +47.0%

HCSG HEALTHCARE SVCS GROUP INC 0.0%

Value ($000) $13,774 (+10.2%) Shares 720,386 (-3.0%) Est. Cost $13.03 Unrealized +38.1%

VSH VISHAY INTERTECHNOLOGY INC 0.0%

Value ($000) $8,769 (-11.6%) Shares 605,155 (-6.6%) Est. Cost $18.18 Unrealized -17.1%

NWE NORTHWESTERN ENERGY GROUP IN 0.0%

Value ($000) $14,552 (+7.5%) Shares 225,467 (-2.4%) Est. Cost $47.82 Unrealized +31.4%

BK BANK NEW YORK MELLON CORP 0.0%

Value ($000) $10,986 (-8.4%) Shares 94,630 (-14.0%) Est. Cost $41.25 Unrealized +167.9%

MYE MYERS INDS INC 0.0%

Value ($000) $11,882 (+9.2%) Shares 634,699 (-1.2%) Est. Cost $14.94 Unrealized +18.2%

ST SENSATA TECHNOLOGIES HLDG PL 0.0%

Value ($000) $13,613 (+7.9%) Shares 408,920 (-1.0%) Est. Cost $27.71 Unrealized +15.4%

MAT MATTEL INC 0.0%

Value ($000) $6,942 (+16.7%) Shares 349,880 (-1.0%) Est. Cost $18.23 Unrealized +6.0%

BLMN BLOOMIN BRANDS INC 0.0%

Value ($000) $5,547 (-15.0%) Shares 899,002 (-1.2%) Est. Cost $14.02 Unrealized -50.3%

RES RPC INC 0.0%

Value ($000) $8,313 (+13.0%) Shares 1,528,158 (-1.1%) Est. Cost $5.81 Unrealized -11.5%

SR SPIRE INC 0.0%

Value ($000) $13,057 (-6.8%) Shares 157,882 (-8.1%) Est. Cost $68.72 Unrealized —

GTES GATES INDL CORP PLC 0.0%

Value ($000) $5,528 (-14.6%) Shares 257,490 (-1.2%) Est. Cost $13.25 Unrealized +74.2%

VLY VALLEY NATL BANCORP 0.0%

Value ($000) $11,197 (+9.0%) Shares 958,681 (-1.1%) Est. Cost $8.59 Unrealized +29.2%

POR PORTLAND GEN ELEC CO 0.0%

Value ($000) $14,655 (+6.5%) Shares 305,371 (-2.3%) Est. Cost $39.95 Unrealized +17.0%

TALO TALOS ENERGY INC 0.0%

Value ($000) $14,518 (+6.5%) Shares 1,317,432 (-7.3%) Est. Cost $12.16 Unrealized -13.9%

SEM SELECT MED HLDGS CORP 0.0%

Value ($000) $6,899 (+14.5%) Shares 464,559 (-1.0%) Est. Cost $14.72 Unrealized -4.2%

SANM SANMINA CORPORATION 0.0%

Value ($000) $10,366 (+9.1%) Shares 69,076 (-16.3%) Est. Cost $48.18 Unrealized +206.4%

CNO CNO FINL GROUP INC 0.0%

Value ($000) $14,126 (+6.3%) Shares 332,621 (-1.0%) Est. Cost $17.92 Unrealized +126.7%

HAFC HANMI FINL CORP 0.0%

Value ($000) $10,667 (+8.2%) Shares 394,646 (-1.1%) Est. Cost $18.60 Unrealized +43.8%

KRNY KEARNY FINL CORP MD 0.0%

Value ($000) $7,834 (+11.3%) Shares 1,057,280 (-1.3%) Est. Cost $7.70 Unrealized -10.3%

CFFN CAPITOL FED FINL INC 0.0%

Value ($000) $13,785 (+5.9%) Shares 2,024,268 (-1.3%) Est. Cost $5.66 Unrealized +12.3%

JAKK JAKKS PAC INC 0.0%

Value ($000) $6,065 (-11.0%) Shares 359,306 (-1.2%) Est. Cost $17.94 Unrealized -4.4%

SF STIFEL FINL CORP 0.2%

Value ($000) $51,853 (-1.4%) Shares 414,099 (-10.7%) Est. Cost $49.34 Unrealized +142.4%

INMD INMODE LTD 0.0%

Value ($000) $12,694 (-5.2%) Shares 864,140 (-3.9%) Est. Cost $19.64 Unrealized -25.1%

ALLY ALLY FINL INC 0.0%

Value ($000) $7,907 (+8.9%) Shares 174,597 (-5.7%) Est. Cost $37.07 Unrealized +10.1%

DIOD DIODES INC 0.0%

Value ($000) $6,493 (-8.8%) Shares 131,606 (-1.7%) Est. Cost $57.83 Unrealized -12.5%

HIFS HINGHAM INSTN SVGS MASS 0.0%

Value ($000) $10,531 (+6.3%) Shares 37,086 (-1.2%) Est. Cost $240.31 Unrealized +18.2%

ATKR ATKORE INC 0.0%

Value ($000) $9,850 (-5.7%) Shares 155,724 (-6.5%) Est. Cost $68.80 Unrealized -6.0%

DHIL DIAMOND HILL INVT GROUP INC 0.0%

Value ($000) $8,731 (-6.1%) Shares 51,513 (-22.5%) Est. Cost $129.34 Unrealized +4.4%

OIS OIL STS INTL INC 0.0%

Value ($000) $11,535 (+5.2%) Shares 1,703,901 (-5.8%) Est. Cost $4.80 Unrealized +33.8%

CRI CARTERS INC 0.0%

Value ($000) $7,570 (+8.1%) Shares 233,432 (-5.9%) Est. Cost $46.63 Unrealized -33.4%

NXT NEXTPOWER INC 0.0%

Value ($000) $4,005 (+15.7%) Shares 45,974 (-1.7%) Est. Cost $44.46 Unrealized +103.9%

VGLT VANGUARD SCOTTSDALE FDS 0.0%

Value ($000) $14,748 (-3.4%) Shares 264,300 (-1.6%) Est. Cost $56.12 Unrealized —

AVNW AVIAT NETWORKS INC 0.0%

Value ($000) $6,036 (-7.9%) Shares 282,308 (-1.2%) Est. Cost $25.36 Unrealized -12.1%

ADEA ADEIA INC 0.0%

Value ($000) $13,461 (-3.6%) Shares 780,361 (-6.1%) Est. Cost $11.88 Unrealized +24.5%

IVZ INVESCO LTD 0.0%

Value ($000) $8,222 (+6.3%) Shares 312,980 (-7.1%) Est. Cost $20.48 Unrealized +18.7%

LAUR LAUREATE EDUCATION INC 0.0%

Value ($000) $8,238 (+5.6%) Shares 244,656 (-1.1%) Est. Cost $16.95 Unrealized +82.1%

SOLV SOLVENTUM CORP 0.4%

Value ($000) $129,230 (-0.3%) Shares 1,630,872 (-8.2%) Est. Cost $60.42 Unrealized +26.8%

OGS ONE GAS INC 0.0%

Value ($000) $6,517 (-5.7%) Shares 84,368 (-1.2%) Est. Cost $74.90 Unrealized +7.3%

BMRC BANK MARIN BANCORP 0.0%

Value ($000) $7,027 (+5.9%) Shares 270,166 (-1.1%) Est. Cost $20.93 Unrealized +21.3%

AGCO AGCO CORP 0.0%

Value ($000) $2,069 (-15.6%) Shares 19,836 (-13.4%) Est. Cost $93.22 Unrealized +13.7%

NRG NRG ENERGY INC 0.0%

Value ($000) $2,468 (-13.4%) Shares 15,500 (-11.9%) Est. Cost $27.49 Unrealized +501.3%

JHG JANUS HENDERSON GROUP PLC 0.0%

Value ($000) $7,125 (+5.6%) Shares 149,778 (-1.2%) Est. Cost $43.19 Unrealized +2.4%

HLX HELIX ENERGY SOLUTIONS GRP I 0.0%

Value ($000) $6,478 (-5.5%) Shares 1,033,103 (-1.1%) Est. Cost $6.29 Unrealized +5.6%

AHL ASPEN INSURANCE HOLDINGS LTD 0.0%

Value ($000) $10,329 (-3.5%) Shares 278,410 (-4.5%) Est. Cost $32.87 Unrealized +12.2%

WCC WESCO INTL INC 0.0%

Value ($000) $3,423 (-9.6%) Shares 13,993 (-21.8%) Est. Cost $164.99 Unrealized +48.5%

HZO MARINEMAX INC 0.0%

Value ($000) $6,296 (-5.3%) Shares 259,845 (-1.0%) Est. Cost $31.65 Unrealized -22.0%

NWN NORTHWEST NAT HLDG CO 0.0%

Value ($000) $13,521 (-2.5%) Shares 289,275 (-6.3%) Est. Cost $43.94 Unrealized +6.1%

TPC TUTOR PERINI CORP 0.0%

Value ($000) $6,922 (-2.7%) Shares 103,280 (-4.7%) Est. Cost $11.91 Unrealized +450.8%

PFS PROVIDENT FINL SVCS INC 0.0%

Value ($000) $13,366 (+1.4%) Shares 676,761 (-1.1%) Est. Cost $14.95 Unrealized +27.2%

EE EXCELERATE ENERGY INC 0.0%

Value ($000) $10,158 (+1.6%) Shares 362,147 (-8.8%) Est. Cost $22.32 Unrealized +21.0%

REX REX AMERICAN RES CORP 0.0%

Value ($000) $13,599 (+1.0%) Shares 420,772 (-4.3%) Est. Cost $23.31 Unrealized +39.7%

VAL VALARIS LTD 0.0%

Value ($000) $6,680 (+2.1%) Shares 132,548 (-1.2%) Est. Cost $48.77 Unrealized +10.0%

INGM INGRAM MICRO HLDG CORP 0.0%

Value ($000) $6,709 (-1.9%) Shares 314,395 (-1.2%) Est. Cost $20.29 Unrealized +6.9%

OCFC OCEANFIRST FINL CORP 0.0%

Value ($000) $12,637 (+1.0%) Shares 704,025 (-1.1%) Est. Cost $15.82 Unrealized +16.4%

QUAD QUAD / GRAPHICS INC 0.0%

Value ($000) $6,574 (-1.8%) Shares 1,048,520 (-1.9%) Est. Cost $11.83 Unrealized -50.3%

SIGI SELECTIVE INS GROUP INC 0.0%

Value ($000) $9,957 (+1.0%) Shares 118,999 (-2.2%) Est. Cost $84.63 Unrealized -5.9%

HMN HORACE MANN EDUCATORS CORP N 0.1%

Value ($000) $21,638 (-0.4%) Shares 468,557 (-2.6%) Est. Cost $36.24 Unrealized +24.9%

BWB BRIDGEWATER BANCSHARES INC 0.0%

Value ($000) $4,048 (-2.2%) Shares 230,944 (-1.8%) Est. Cost $11.87 Unrealized +46.2%

HAL HALLIBURTON CO 0.0%

Value ($000) $3,867 (+1.6%) Shares 136,853 (-11.5%) Est. Cost $21.71 Unrealized +21.1%

PGC PEAPACK-GLADSTONE FINL CORP 0.0%

Value ($000) $6,458 (-0.6%) Shares 231,880 (-1.5%) Est. Cost $25.66 Unrealized +5.9%

SHOO MADDEN STEVEN LTD 0.0%

Value ($000) $11,349 (-0.3%) Shares 272,562 (-19.8%) Est. Cost $31.12 Unrealized +23.5%

PLXS PLEXUS CORP 0.0%

Value ($000) $6,740 (+0.4%) Shares 45,851 (-1.2%) Est. Cost $83.83 Unrealized +74.9%

CATY CATHAY GEN BANCORP 0.0%

Value ($000) $9,484 (-0.2%) Shares 195,982 (-1.0%) Est. Cost $40.80 Unrealized +17.3%

— SYNOVUS FINL CORP 0.0%

Value ($000) $10,729 (-0.2%) Shares 214,360 (-2.1%) Est. Cost $36.75 Unrealized —

UTL UNITIL CORP 0.0%

Value ($000) $6,352 (+0.1%) Shares 131,129 (-1.1%) Est. Cost $56.59 Unrealized -14.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GM	GENERAL MTRS CO	10,391,542 (-5.3%)	$845,040 (+26.3%)	2.5%	$36.64	+92.2%	COM	37045V100
BKR	BAKER HUGHES COMPANY	4,262,778 (-42.1%)	$194,127 (-45.9%)	0.6%	$32.05	+47.7%	CL A	05722G100
HCA	HCA HEALTHCARE INC	444,067 (-42.1%)	$207,317 (-36.5%)	0.6%	$214.78	+115.9%	COM	40412C101
ERIC	TELEFONAKTIEBOLAGET LM ERICS	92,132,605 (-4.4%)	$889,080 (+11.5%)	2.7%	$6.22	—	ADR B SEK 10	294821608
MDT	MEDTRONIC PLC	4,820,704 (-17.2%)	$463,077 (-16.5%)	1.4%	$75.69	+28.3%	SHS	G5960L103
TEL	TE CONNECTIVITY PLC	826,537 (-34.0%)	$188,045 (-31.6%)	0.6%	$146.90	+57.4%	ORD SHS	G87052109
CMI	CUMMINS INC	893,268 (-29.5%)	$455,969 (-14.8%)	1.4%	$147.49	+216.2%	COM	231021106
C	CITIGROUP INC	7,641,714 (-5.1%)	$891,712 (+9.1%)	2.7%	$44.50	+132.9%	COM NEW	172967424
GOOGL	ALPHABET INC	1,419,534 (-30.5%)	$444,314 (-10.5%)	1.3%	$111.49	+156.2%	CAP STK CL A	02079K305
PPL	PPL CORP	6,986,449 (-11.7%)	$244,665 (-16.8%)	0.7%	$22.38	+60.1%	COM	69351T106
GD	GENERAL DYNAMICS CORP	417,712 (-22.5%)	$140,627 (-23.5%)	0.4%	$227.29	+50.0%	COM	369550108
SLB	SLB LIMITED	11,747,332 (-2.0%)	$450,863 (+9.4%)	1.3%	$35.63	+1.2%	COM STK	806857108
STT	STATE STR CORP	4,386,744 (-3.5%)	$565,934 (+7.3%)	1.7%	$68.78	+73.0%	COM	857477103
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	2,584,740 (-1.8%)	$214,533 (+21.5%)	0.6%	$70.66	+5.6%	CL A	192446102
WFC	WELLS FARGO CO NEW	6,535,687 (-4.3%)	$609,126 (+6.4%)	1.8%	$34.98	+147.7%	COM	949746101
JLL	JONES LANG LASALLE INC	90,540 (-55.0%)	$30,464 (-49.3%)	0.1%	$188.59	+66.2%	COM	48020Q107
BAC	BANK AMERICA CORP	4,547,256 (-14.4%)	$250,099 (-8.8%)	0.7%	$30.63	+72.0%	COM	060505104
BPOP	POPULAR INC	591,656 (-21.1%)	$73,673 (-22.6%)	0.2%	$41.10	+186.3%	COM NEW	733174700
FTV	FORTIVE CORP	3,672,300 (-1.3%)	$202,748 (+11.3%)	0.6%	$50.17	+3.4%	COM	34959J108
GSK	GSK PLC	3,657,931 (-20.5%)	$179,385 (-9.7%)	0.5%	$32.63	—	SPONSORED ADR	37733W204
NOV	NOV INC	32,465,667 (-18.3%)	$507,438 (-3.6%)	1.5%	$16.29	-8.9%	COM	62955J103
KOS	KOSMOS ENERGY LTD	20,110,881 (-4.2%)	$18,249 (-47.6%)	0.1%	$4.45	-70.4%	COM	500688106
LH	LABCORP HOLDINGS INC	368,938 (-2.1%)	$92,559 (-14.4%)	0.3%	$199.84	+32.7%	COM SHS	504922105
CNC	CENTENE CORP DEL	3,193,209 (-3.5%)	$131,401 (+11.3%)	0.4%	$57.16	-34.5%	COM	15135B101
BTE	BAYTEX ENERGY CORP	5,103,473 (-59.4%)	$16,484 (-43.9%)	0.0%	$3.28	-15.0%	COM	07317Q105
MGA	MAGNA INTL INC	9,854,052 (-9.0%)	$525,221 (+2.4%)	1.6%	$42.66	+14.6%	COM	559222401
AVT	AVNET INC	1,973,911 (-1.9%)	$94,906 (-9.8%)	0.3%	$50.56	-3.3%	COM	053807103
ATMU	ATMUS FILTRATION TECHNOLOGIE	291,153 (-45.4%)	$15,114 (-37.1%)	0.0%	$22.69	+113.1%	COM	04956D107
MAN	MANPOWERGROUP INC WIS	709,730 (-10.0%)	$21,100 (-29.4%)	0.1%	$80.85	-61.4%	COM	56418H100
LIVN	LIVANOVA PLC	1,040,481 (-1.9%)	$64,021 (+15.2%)	0.2%	$47.13	+21.2%	SHS	G5509L101
BBT	BEACON FINANCIAL CORP.	500,742 (-44.8%)	$13,205 (-38.7%)	0.0%	$24.21	+3.0%	COM	084680107
MUR	MURPHY OIL CORP	4,941,152 (-4.0%)	$154,411 (+5.6%)	0.5%	$27.01	+9.6%	COM	626717102
SAH	SONIC AUTOMOTIVE INC	286,384 (-12.4%)	$17,716 (-28.8%)	0.1%	$38.20	+73.3%	CL A	83545G102
OGE	OGE ENERGY CORP	864,496 (-9.1%)	$36,914 (-16.1%)	0.1%	$39.25	+13.6%	COM	670837103
CVI	CVR ENERGY INC	365,790 (-16.7%)	$9,306 (-41.9%)	0.0%	$21.76	+56.4%	COM	12662P108
ACHC	ACADIA HEALTHCARE COMPANY IN	546,391 (-4.8%)	$7,753 (-45.5%)	0.0%	$29.38	-35.6%	COM	00404A109
CXT	CRANE NXT CO	192,644 (-11.1%)	$9,068 (-37.6%)	0.0%	$56.06	+5.2%	COM	224441105
BCO	BRINKS CO	371,573 (-11.0%)	$43,374 (-11.1%)	0.1%	$66.52	+71.5%	COM	109696104
LEA	LEAR CORP	540,602 (-4.3%)	$61,953 (+9.0%)	0.2%	$95.16	+11.7%	COM NEW	521865204
COLB	COLUMBIA BKG SYS INC	477,176 (-33.3%)	$13,337 (-27.6%)	0.0%	$24.93	+7.7%	COM	197236102
SRG	SERITAGE GROWTH PPTYS	4,520,040 (-2.2%)	$14,690 (-25.2%)	0.0%	$26.15	-85.5%	CL A	81752R100
NCMI	NATIONAL CINEMEDIA INC	5,937,913 (-3.5%)	$23,098 (-16.7%)	0.1%	$4.32	-4.1%	COM NEW	635309206
NTB	BANK OF NT BUTTERFIELD&SON L	899,070 (-4.9%)	$44,792 (+10.4%)	0.1%	$23.37	+97.2%	SHS NEW	G0772R208
KALU	KAISER ALUMINUM CORP	149,470 (-12.0%)	$17,168 (+30.9%)	0.1%	$78.15	+20.8%	COM PAR $0.01	483007704
CFG	CITIZENS FINL GROUP INC	6,675,233 (-9.9%)	$389,900 (-1.0%)	1.2%	$27.19	+97.1%	COM	174610105
CMA	COMERICA INC	5,700 (-91.0%)	$496 (-88.5%)	0.0%	$45.48	+75.8%	COM	200340107
PUMP	PROPETRO HLDG CORP	1,156,295 (-15.6%)	$10,996 (+53.3%)	0.0%	$7.60	+14.4%	COM	74347M108
REZI	RESIDEO TECHNOLOGIES INC	219,022 (-16.0%)	$7,692 (-31.7%)	0.0%	$19.13	+93.4%	COM	76118Y104
PBF	PBF ENERGY INC	417,885 (-14.8%)	$11,333 (-23.4%)	0.0%	$30.03	+6.6%	CL A	69318G106
PLAB	PHOTRONICS INC	529,249 (-11.5%)	$16,936 (+23.4%)	0.1%	$19.54	+32.0%	COM	719405102
THR	THERMON GROUP HLDGS INC	437,552 (-11.2%)	$16,259 (+23.5%)	0.0%	$24.16	+35.9%	COM	88362T103
FHB	FIRST HAWAIIAN INC	2,876,812 (-5.3%)	$72,783 (-3.5%)	0.2%	$18.58	+31.7%	COM	32051X108
DK	DELEK US HLDGS INC NEW	380,010 (-11.0%)	$11,271 (-18.2%)	0.0%	$17.72	+101.0%	COM	24665A103
HII	HUNTINGTON INGALLS INDS INC	192,719 (-18.4%)	$65,538 (-3.7%)	0.2%	$189.03	+63.7%	COM	446413106
UHS	UNIVERSAL HLTH SVCS INC	31,205 (-30.8%)	$6,803 (-26.3%)	0.0%	$144.88	+52.5%	CL B	913903100
LBRT	LIBERTY ENERGY INC	570,790 (-13.5%)	$10,537 (+29.5%)	0.0%	$13.37	+25.0%	COM CL A	53115L104
HLF	HERBALIFE LTD	563,210 (-2.5%)	$7,260 (+48.9%)	0.0%	$17.36	-39.0%	COM SHS	G4412G101
MLR	MILLER INDS INC TENN	552,241 (-2.5%)	$20,637 (-9.8%)	0.1%	$30.96	+25.3%	COM NEW	600551204
WTTR	SELECT WATER SOLUTIONS INC	570,591 (-25.6%)	$6,003 (-26.8%)	0.0%	$9.79	—	CL A COM	81617J301
ARDT	ARDENT HEALTH INC	475,806 (-1.1%)	$4,201 (-34.1%)	0.0%	$12.51	-7.6%	COM	03980N107
RTX	RTX CORPORATION	524,431 (-10.8%)	$96,181 (-2.2%)	0.3%	$78.47	+120.9%	COM	75513E101
MDU	MDU RES GROUP INC	1,177,200 (-16.6%)	$22,979 (-8.6%)	0.1%	$16.60	+17.9%	COM	552690109
WTM	WHITE MTNS INS GROUP LTD	6,752 (-5.0%)	$14,031 (+18.1%)	0.0%	$1463.39	+33.6%	COM	G9618E107
PLUS	EPLUS INC	134,899 (-1.4%)	$11,831 (+21.8%)	0.0%	$62.36	+32.3%	COM	294268107
NESR	NATIONAL ENERGY SERVICES REU	543,610 (-13.1%)	$8,513 (+32.6%)	0.0%	$8.87	+47.9%	SHS	G6375R107
AMWD	AMERICAN WOODMARK CORPORATIO	152,915 (-1.0%)	$8,242 (-20.1%)	0.0%	$80.36	-27.1%	COM	030506109
BANC	BANC OF CALIFORNIA INC	804,824 (-1.2%)	$15,525 (+15.2%)	0.0%	$13.26	+34.6%	COM	05990K106
BC	BRUNSWICK CORP	199,057 (-1.2%)	$14,778 (+16.0%)	0.0%	$58.97	+14.5%	COM	117043109
JAZZ	JAZZ PHARMACEUTICALS PLC	118,982 (-13.8%)	$20,227 (+11.1%)	0.1%	$122.92	+24.7%	SHS USD	G50871105
NTRS	NORTHERN TR CORP	5,100 (-74.8%)	$697 (-74.4%)	0.0%	$82.42	+58.6%	COM	665859104
PM	PHILIP MORRIS INTL INC	64,030 (-15.0%)	$10,270 (-15.9%)	0.0%	$95.73	+60.4%	COM	718172109
BKU	BANKUNITED INC	332,750 (-1.5%)	$14,831 (+15.0%)	0.0%	$27.94	+47.1%	COM	06652K103
CLB	CORE LABORATORIES INC	551,115 (-1.5%)	$8,834 (+27.7%)	0.0%	$15.29	-2.7%	COM	21867A105
HTBK	HERITAGE COMM CORP	969,474 (-1.0%)	$11,643 (+19.7%)	0.0%	$9.17	+18.4%	COM	426927109
BLBD	BLUE BIRD CORP	167,670 (-1.0%)	$7,880 (-19.2%)	0.0%	$36.68	+42.5%	COM	095306106
WFRD	WEATHERFORD INTL PLC	235,850 (-2.8%)	$18,458 (+11.1%)	0.1%	$54.14	+34.1%	ORD SHS	G48833118
BRSL	BRIGHTSTAR LOTTERY PLC	780,554 (-3.2%)	$12,083 (-13.1%)	0.0%	$16.28	-0.7%	SHS USD	G4863A108
PWP	PERELLA WEINBERG PARTNERS	165,640 (-23.5%)	$2,866 (-37.9%)	0.0%	$8.33	+122.9%	CLASS A COM	71367G102
CSTM	CONSTELLIUM SE	448,180 (-1.2%)	$8,448 (+25.2%)	0.0%	$15.53	+6.9%	CL A SHS	F21107101
INVX	INNOVEX INTERNATIONAL INC	551,703 (-1.6%)	$12,066 (+16.1%)	0.0%	$15.90	+31.3%	COM	457651107
ASTH	ASTRANA HEALTH INC	416,930 (-1.1%)	$10,344 (-13.5%)	0.0%	$30.03	-11.6%	COM NEW	03763A207
ASB	ASSOCIATED BANC CORP	1,038,701 (-5.8%)	$26,757 (-5.7%)	0.1%	$19.27	+32.7%	COM	045487105
SIG	SIGNET JEWELERS LIMITED	69,942 (-8.8%)	$5,797 (-21.2%)	0.0%	$62.30	+52.5%	SHS	G81276100
AVA	AVISTA CORP	864,319 (-6.3%)	$33,311 (-4.5%)	0.1%	$34.34	+12.9%	COM	05379B107
—	HILLENBRAND INC	399,327 (-24.0%)	$12,667 (-10.8%)	0.0%	$31.74	—	COM	431571108
BKH	BLACK HILLS CORP	380,574 (-5.8%)	$26,419 (+6.1%)	0.1%	$58.25	+14.1%	COM	092113109
XPRO	EXPRO GROUP HOLDINGS NV	1,726,856 (-5.0%)	$23,054 (+6.7%)	0.1%	$13.78	-2.2%	COM	N3144W105
PII	POLARIS INC	147,842 (-20.3%)	$9,351 (-13.3%)	0.0%	$63.24	+4.1%	COM	731068102
PARR	PAR PAC HOLDINGS INC	361,718 (-9.2%)	$12,711 (-9.9%)	0.0%	$18.92	+110.1%	COM NEW	69888T207
FISI	FINANCIAL INSTNS INC	361,452 (-1.0%)	$11,266 (+13.4%)	0.0%	$22.66	+29.0%	COM	317585404
GBLI	GLOBAL INDEMNITY GROUP LLC	950,933 (-2.4%)	$27,006 (-4.6%)	0.1%	$19.16	+47.0%	COM CL A	37959R103
HCSG	HEALTHCARE SVCS GROUP INC	720,386 (-3.0%)	$13,774 (+10.2%)	0.0%	$13.03	+38.1%	COM	421906108
VSH	VISHAY INTERTECHNOLOGY INC	605,155 (-6.6%)	$8,769 (-11.6%)	0.0%	$18.18	-17.1%	COM	928298108
NWE	NORTHWESTERN ENERGY GROUP IN	225,467 (-2.4%)	$14,552 (+7.5%)	0.0%	$47.82	+31.4%	COM NEW	668074305
BK	BANK NEW YORK MELLON CORP	94,630 (-14.0%)	$10,986 (-8.4%)	0.0%	$41.25	+167.9%	COM	064058100
MYE	MYERS INDS INC	634,699 (-1.2%)	$11,882 (+9.2%)	0.0%	$14.94	+18.2%	COM	628464109
ST	SENSATA TECHNOLOGIES HLDG PL	408,920 (-1.0%)	$13,613 (+7.9%)	0.0%	$27.71	+15.4%	SHS	G8060N102
MAT	MATTEL INC	349,880 (-1.0%)	$6,942 (+16.7%)	0.0%	$18.23	+6.0%	COM	577081102
BLMN	BLOOMIN BRANDS INC	899,002 (-1.2%)	$5,547 (-15.0%)	0.0%	$14.02	-50.3%	COM	094235108
RES	RPC INC	1,528,158 (-1.1%)	$8,313 (+13.0%)	0.0%	$5.81	-11.5%	COM	749660106
SR	SPIRE INC	157,882 (-8.1%)	$13,057 (-6.8%)	0.0%	$68.72	—	COM	84857L101
GTES	GATES INDL CORP PLC	257,490 (-1.2%)	$5,528 (-14.6%)	0.0%	$13.25	+74.2%	ORD SHS	G39108108
VLY	VALLEY NATL BANCORP	958,681 (-1.1%)	$11,197 (+9.0%)	0.0%	$8.59	+29.2%	COM	919794107
POR	PORTLAND GEN ELEC CO	305,371 (-2.3%)	$14,655 (+6.5%)	0.0%	$39.95	+17.0%	COM NEW	736508847
TALO	TALOS ENERGY INC	1,317,432 (-7.3%)	$14,518 (+6.5%)	0.0%	$12.16	-13.9%	COM	87484T108
SEM	SELECT MED HLDGS CORP	464,559 (-1.0%)	$6,899 (+14.5%)	0.0%	$14.72	-4.2%	COM	81619Q105
SANM	SANMINA CORPORATION	69,076 (-16.3%)	$10,366 (+9.1%)	0.0%	$48.18	+206.4%	COM	801056102
CNO	CNO FINL GROUP INC	332,621 (-1.0%)	$14,126 (+6.3%)	0.0%	$17.92	+126.7%	COM	12621E103
HAFC	HANMI FINL CORP	394,646 (-1.1%)	$10,667 (+8.2%)	0.0%	$18.60	+43.8%	COM NEW	410495204
KRNY	KEARNY FINL CORP MD	1,057,280 (-1.3%)	$7,834 (+11.3%)	0.0%	$7.70	-10.3%	COM	48716P108
CFFN	CAPITOL FED FINL INC	2,024,268 (-1.3%)	$13,785 (+5.9%)	0.0%	$5.66	+12.3%	COM	14057J101
JAKK	JAKKS PAC INC	359,306 (-1.2%)	$6,065 (-11.0%)	0.0%	$17.94	-4.4%	COM NEW	47012E403
SF	STIFEL FINL CORP	414,099 (-10.7%)	$51,853 (-1.4%)	0.2%	$49.34	+142.4%	COM	860630102
INMD	INMODE LTD	864,140 (-3.9%)	$12,694 (-5.2%)	0.0%	$19.64	-25.1%	SHS	M5425M103
ALLY	ALLY FINL INC	174,597 (-5.7%)	$7,907 (+8.9%)	0.0%	$37.07	+10.1%	COM	02005N100
DIOD	DIODES INC	131,606 (-1.7%)	$6,493 (-8.8%)	0.0%	$57.83	-12.5%	COM	254543101
HIFS	HINGHAM INSTN SVGS MASS	37,086 (-1.2%)	$10,531 (+6.3%)	0.0%	$240.31	+18.2%	COM	433323102
ATKR	ATKORE INC	155,724 (-6.5%)	$9,850 (-5.7%)	0.0%	$68.80	-6.0%	COM	047649108
DHIL	DIAMOND HILL INVT GROUP INC	51,513 (-22.5%)	$8,731 (-6.1%)	0.0%	$129.34	+4.4%	COM NEW	25264R207
OIS	OIL STS INTL INC	1,703,901 (-5.8%)	$11,535 (+5.2%)	0.0%	$4.80	+33.8%	COM	678026105
CRI	CARTERS INC	233,432 (-5.9%)	$7,570 (+8.1%)	0.0%	$46.63	-33.4%	COM	146229109
NXT	NEXTPOWER INC	45,974 (-1.7%)	$4,005 (+15.7%)	0.0%	$44.46	+103.9%	CLASS A COM	65290E101
VGLT	VANGUARD SCOTTSDALE FDS	264,300 (-1.6%)	$14,748 (-3.4%)	0.0%	$56.12	—	LONG TERM TREAS	92206C847
AVNW	AVIAT NETWORKS INC	282,308 (-1.2%)	$6,036 (-7.9%)	0.0%	$25.36	-12.1%	COM NEW	05366Y201
ADEA	ADEIA INC	780,361 (-6.1%)	$13,461 (-3.6%)	0.0%	$11.88	+24.5%	COM	00676P107
IVZ	INVESCO LTD	312,980 (-7.1%)	$8,222 (+6.3%)	0.0%	$20.48	+18.7%	SHS	G491BT108
LAUR	LAUREATE EDUCATION INC	244,656 (-1.1%)	$8,238 (+5.6%)	0.0%	$16.95	+82.1%	COMMON STOCK	518613203
SOLV	SOLVENTUM CORP	1,630,872 (-8.2%)	$129,230 (-0.3%)	0.4%	$60.42	+26.8%	COM SHS	83444M101
OGS	ONE GAS INC	84,368 (-1.2%)	$6,517 (-5.7%)	0.0%	$74.90	+7.3%	COM	68235P108
BMRC	BANK MARIN BANCORP	270,166 (-1.1%)	$7,027 (+5.9%)	0.0%	$20.93	+21.3%	COM	063425102
AGCO	AGCO CORP	19,836 (-13.4%)	$2,069 (-15.6%)	0.0%	$93.22	+13.7%	COM	001084102
NRG	NRG ENERGY INC	15,500 (-11.9%)	$2,468 (-13.4%)	0.0%	$27.49	+501.3%	COM NEW	629377508
JHG	JANUS HENDERSON GROUP PLC	149,778 (-1.2%)	$7,125 (+5.6%)	0.0%	$43.19	+2.4%	ORD SHS	G4474Y214
HLX	HELIX ENERGY SOLUTIONS GRP I	1,033,103 (-1.1%)	$6,478 (-5.5%)	0.0%	$6.29	+5.6%	COM	42330P107
AHL	ASPEN INSURANCE HOLDINGS LTD	278,410 (-4.5%)	$10,329 (-3.5%)	0.0%	$32.87	+12.2%	ORD SHS CL A	G05384501
WCC	WESCO INTL INC	13,993 (-21.8%)	$3,423 (-9.6%)	0.0%	$164.99	+48.5%	COM	95082P105
HZO	MARINEMAX INC	259,845 (-1.0%)	$6,296 (-5.3%)	0.0%	$31.65	-22.0%	COM	567908108
NWN	NORTHWEST NAT HLDG CO	289,275 (-6.3%)	$13,521 (-2.5%)	0.0%	$43.94	+6.1%	COM	66765N105
TPC	TUTOR PERINI CORP	103,280 (-4.7%)	$6,922 (-2.7%)	0.0%	$11.91	+450.8%	COM	901109108
PFS	PROVIDENT FINL SVCS INC	676,761 (-1.1%)	$13,366 (+1.4%)	0.0%	$14.95	+27.2%	COM	74386T105
EE	EXCELERATE ENERGY INC	362,147 (-8.8%)	$10,158 (+1.6%)	0.0%	$22.32	+21.0%	CL A COM	30069T101
REX	REX AMERICAN RES CORP	420,772 (-4.3%)	$13,599 (+1.0%)	0.0%	$23.31	+39.7%	COM	761624105
VAL	VALARIS LTD	132,548 (-1.2%)	$6,680 (+2.1%)	0.0%	$48.77	+10.0%	CL A	G9460G101
INGM	INGRAM MICRO HLDG CORP	314,395 (-1.2%)	$6,709 (-1.9%)	0.0%	$20.29	+6.9%	COM	457152106
OCFC	OCEANFIRST FINL CORP	704,025 (-1.1%)	$12,637 (+1.0%)	0.0%	$15.82	+16.4%	COM	675234108
QUAD	QUAD / GRAPHICS INC	1,048,520 (-1.9%)	$6,574 (-1.8%)	0.0%	$11.83	-50.3%	COM CL A	747301109
SIGI	SELECTIVE INS GROUP INC	118,999 (-2.2%)	$9,957 (+1.0%)	0.0%	$84.63	-5.9%	COM	816300107
HMN	HORACE MANN EDUCATORS CORP N	468,557 (-2.6%)	$21,638 (-0.4%)	0.1%	$36.24	+24.9%	COM	440327104
BWB	BRIDGEWATER BANCSHARES INC	230,944 (-1.8%)	$4,048 (-2.2%)	0.0%	$11.87	+46.2%	COM	108621103
HAL	HALLIBURTON CO	136,853 (-11.5%)	$3,867 (+1.6%)	0.0%	$21.71	+21.1%	COM	406216101
PGC	PEAPACK-GLADSTONE FINL CORP	231,880 (-1.5%)	$6,458 (-0.6%)	0.0%	$25.66	+5.9%	COM	704699107
SHOO	MADDEN STEVEN LTD	272,562 (-19.8%)	$11,349 (-0.3%)	0.0%	$31.12	+23.5%	COM	556269108
PLXS	PLEXUS CORP	45,851 (-1.2%)	$6,740 (+0.4%)	0.0%	$83.83	+74.9%	COM	729132100
CATY	CATHAY GEN BANCORP	195,982 (-1.0%)	$9,484 (-0.2%)	0.0%	$40.80	+17.3%	COM	149150104
—	SYNOVUS FINL CORP	214,360 (-2.1%)	$10,729 (-0.2%)	0.0%	$36.75	—	COM NEW	87161C501
UTL	UNITIL CORP	131,129 (-1.1%)	$6,352 (+0.1%)	0.0%	$56.59	-14.0%	COM	913259107

Unchanged Positions (152)

FDX FEDEX CORP 1.9%

Value ($000) $645,089 Shares 2,233,225 Est. Cost $192.61 Unrealized +35.8%

AIG AMERICAN INTL GROUP INC 2.6%

Value ($000) $878,626 Shares 10,270,323 Est. Cost $52.62 Unrealized +51.4%

USB US BANCORP DEL 1.9%

Value ($000) $622,041 Shares 11,657,432 Est. Cost $36.58 Unrealized +33.2%

ELV ELEVANCE HEALTH INC FORMERLY 2.1%

Value ($000) $719,031 Shares 2,051,150 Est. Cost $348.23 Unrealized -3.3%

APTV APTIV PLC 0.8%

Value ($000) $275,430 Shares 3,619,797 Est. Cost $61.23 Unrealized +31.1%

FCNCA FIRST CTZNS BANCSHARES INC D 0.6%

Value ($000) $206,359 Shares 96,152 Est. Cost $1348.75 Unrealized +39.7%

WPP WPP PLC NEW 0.7%

Value ($000) $226,780 Shares 10,097,072 Est. Cost $41.95 Unrealized —

ADNT ADIENT PLC 0.1%

Value ($000) $48,745 Shares 2,542,760 Est. Cost $34.27 Unrealized -38.6%

CVS CVS HEALTH CORP 0.7%

Value ($000) $229,618 Shares 2,893,377 Est. Cost $63.80 Unrealized +23.3%

UPS UNITED PARCEL SERVICE INC 0.2%

Value ($000) $56,042 Shares 565,000 Est. Cost — Unrealized —

SHEL SHELL PLC 1.4%

Value ($000) $464,144 Shares 6,316,607 Est. Cost $57.59 Unrealized —

HIG HARTFORD INSURANCE GROUP INC 0.6%

Value ($000) $192,974 Shares 1,400,394 Est. Cost $48.64 Unrealized +170.5%

NSC NORFOLK SOUTHN CORP 0.7%

Value ($000) $222,507 Shares 770,668 Est. Cost $233.00 Unrealized +23.9%

BUD ANHEUSER BUSCH INBEV SA/NV 0.3%

Value ($000) $96,181 Shares 1,501,890 Est. Cost $57.62 Unrealized —

HUM HUMANA INC 1.0%

Value ($000) $349,240 Shares 1,363,528 Est. Cost $298.90 Unrealized -12.6%

JBI JANUS INTERNATIONAL GROUP IN 0.0%

Value ($000) $8,459 Shares 1,293,448 Est. Cost $10.76 Unrealized -27.6%

PRKS UNITED PARKS & RESORTS INC 0.0%

Value ($000) $8,857 Shares 243,990 Est. Cost $50.91 Unrealized -18.4%

FLS FLOWSERVE CORP 0.0%

Value ($000) $16,381 Shares 236,103 Est. Cost $53.92 Unrealized +18.8%

BFH BREAD FINANCIAL HOLDINGS INC 0.0%

Value ($000) $14,749 Shares 199,228 Est. Cost $36.08 Unrealized +81.9%

LNTH LANTHEUS HLDGS INC 0.0%

Value ($000) $14,940 Shares 224,496 Est. Cost $62.49 Unrealized -6.9%

HOG HARLEY DAVIDSON INC 0.0%

Value ($000) $9,598 Shares 468,436 Est. Cost $33.23 Unrealized -26.0%

VC VISTEON CORP 0.0%

Value ($000) $10,164 Shares 106,878 Est. Cost $98.36 Unrealized +7.5%

SIGA SIGA TECHNOLOGIES INC 0.0%

Value ($000) $5,007 Shares 819,447 Est. Cost $6.12 Unrealized +16.3%

TNL TRAVEL PLUS LEISURE CO 0.0%

Value ($000) $15,387 Shares 218,161 Est. Cost $42.18 Unrealized +54.4%

CMCO COLUMBUS MCKINNON CORP N Y 0.0%

Value ($000) $14,190 Shares 822,625 Est. Cost $18.60 Unrealized -14.3%

YETI YETI HLDGS INC 0.0%

Value ($000) $8,389 Shares 189,920 Est. Cost $34.95 Unrealized +10.1%

VRTS VIRTUS INVT PARTNERS INC 0.0%

Value ($000) $10,959 Shares 67,172 Est. Cost $188.25 Unrealized -12.0%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.1%

Value ($000) $22,264 Shares 73,263 Est. Cost $226.49 Unrealized —

BWA BORGWARNER INC 0.3%

Value ($000) $99,180 Shares 2,201,074 Est. Cost $36.92 Unrealized +18.3%

TRST TRUSTCO BK CORP N Y 0.0%

Value ($000) $11,283 Shares 272,999 Est. Cost $28.90 Unrealized +37.1%

— DENNYS CORP 0.0%

Value ($000) $8,970 Shares 1,442,118 Est. Cost $6.28 Unrealized —

AMTM AMENTUM HOLDINGS INC 0.0%

Value ($000) $7,783 Shares 268,375 Est. Cost $24.35 Unrealized +5.0%

PVH PVH CORPORATION 0.0%

Value ($000) $5,551 Shares 82,820 Est. Cost $79.95 Unrealized -2.2%

ARW ARROW ELECTRS INC 0.0%

Value ($000) $13,658 Shares 123,964 Est. Cost $109.01 Unrealized +4.2%

EGY VAALCO ENERGY INC 0.0%

Value ($000) $12,105 Shares 3,325,520 Est. Cost $3.94 Unrealized -7.1%

APA APA CORPORATION 2.6%

Value ($000) $867,025 Shares 35,446,644 Est. Cost $25.37 Unrealized -4.9%

VOD VODAFONE GROUP PLC NEW 0.0%

Value ($000) $9,941 Shares 752,504 Est. Cost $17.50 Unrealized —

MEI METHODE ELECTRS INC 0.0%

Value ($000) $8,898 Shares 1,339,993 Est. Cost $12.60 Unrealized -44.2%

DOUG DOUGLAS ELLIMAN INC 0.0%

Value ($000) $5,877 Shares 2,479,633 Est. Cost $2.05 Unrealized +25.3%

LEGH LEGACY HOUSING CORP 0.0%

Value ($000) $2,934 Shares 150,330 Est. Cost $25.62 Unrealized -16.4%

WKC WORLD KINECT CORPORATION 0.0%

Value ($000) $11,650 Shares 497,234 Est. Cost $25.45 Unrealized -3.1%

SCSC SCANSOURCE INC 0.0%

Value ($000) $8,707 Shares 222,905 Est. Cost $36.60 Unrealized +12.8%

LNC LINCOLN NATL CORP IND 0.0%

Value ($000) $11,170 Shares 250,852 Est. Cost $26.22 Unrealized +57.0%

AVD AMERICAN VANGUARD CORP 0.0%

Value ($000) $2,214 Shares 579,606 Est. Cost $6.33 Unrealized -26.2%

VNT VONTIER CORPORATION 0.0%

Value ($000) $8,717 Shares 234,442 Est. Cost $37.24 Unrealized +2.7%

ACIW ACI WORLDWIDE INC 0.0%

Value ($000) $9,339 Shares 195,329 Est. Cost $47.26 Unrealized +2.7%

FLG FLAGSTAR BANK NATIONAL ASSOC 0.0%

Value ($000) $13,677 Shares 1,086,301 Est. Cost $11.22 Unrealized +6.5%

FFWM FIRST FNDTN INC 0.0%

Value ($000) $10,404 Shares 1,689,030 Est. Cost $6.66 Unrealized -15.9%

KMT KENNAMETAL INC 0.0%

Value ($000) $3,826 Shares 134,664 Est. Cost $23.18 Unrealized +9.3%

REYN REYNOLDS CONSUMER PRODS INC 0.0%

Value ($000) $12,577 Shares 548,717 Est. Cost $22.09 Unrealized +7.6%

QCRH QCR HOLDINGS INC 0.0%

Value ($000) $10,800 Shares 129,656 Est. Cost $75.19 Unrealized +4.6%

TNC TENNANT CO 0.0%

Value ($000) $8,680 Shares 117,775 Est. Cost $82.35 Unrealized -7.4%

TCBK TRICO BANCSHARES 0.0%

Value ($000) $13,808 Shares 291,483 Est. Cost $42.63 Unrealized +7.6%

MBIN MERCHANTS BANCORP IND 0.0%

Value ($000) $13,320 Shares 391,068 Est. Cost $32.09 Unrealized +2.1%

ANIP ANI PHARMACEUTICALS INC 0.0%

Value ($000) $5,903 Shares 74,780 Est. Cost $60.23 Unrealized +43.8%

JBSS SANFILIPPO JOHN B & SON INC 0.0%

Value ($000) $10,651 Shares 150,857 Est. Cost $74.54 Unrealized -8.8%

GPI GROUP 1 AUTOMOTIVE INC 0.0%

Value ($000) $8,459 Shares 21,509 Est. Cost $152.76 Unrealized +168.7%

UVSP UNIVEST FINANCIAL CORPORATIO 0.0%

Value ($000) $10,286 Shares 314,159 Est. Cost $22.52 Unrealized +39.1%

TRS TRIMAS CORP 0.0%

Value ($000) $8,968 Shares 252,963 Est. Cost $26.25 Unrealized +33.0%

DLR DIGITAL RLTY TR INC 0.0%

Value ($000) $6,962 Shares 45,000 Est. Cost — Unrealized —

ESRT EMPIRE ST RLTY TR INC 0.0%

Value ($000) $4,752 Shares 728,780 Est. Cost $7.26 Unrealized —

DRH DIAMONDROCK HOSPITALITY CO 0.0%

Value ($000) $7,251 Shares 809,237 Est. Cost $8.35 Unrealized —

FIBK FIRST INTST BANCSYSTEM INC 0.0%

Value ($000) $11,018 Shares 318,450 Est. Cost $26.38 Unrealized +21.8%

UTMD UTAH MED PRODS INC 0.0%

Value ($000) $6,100 Shares 109,001 Est. Cost $66.67 Unrealized -13.1%

TMP TOMPKINS FINL CORP 0.0%

Value ($000) $8,601 Shares 118,599 Est. Cost $48.30 Unrealized +40.3%

GPMT GRANITE PT MTG TR INC 0.0%

Value ($000) $3,047 Shares 1,269,557 Est. Cost $4.68 Unrealized —

HTLD HEARTLAND EXPRESS INC 0.0%

Value ($000) $10,376 Shares 1,149,008 Est. Cost $9.55 Unrealized -12.9%

KE KIMBALL ELECTRONICS INC 0.0%

Value ($000) $9,190 Shares 330,321 Est. Cost $19.71 Unrealized +46.4%

UFCS UNITED FIRE GROUP INC 0.0%

Value ($000) $4,257 Shares 117,098 Est. Cost $21.35 Unrealized +60.1%

EGBN EAGLE BANCORP INC MD 0.0%

Value ($000) $13,724 Shares 640,727 Est. Cost $24.99 Unrealized -22.9%

NJR NEW JERSEY RES CORP 0.0%

Value ($000) $12,669 Shares 274,689 Est. Cost $45.70 Unrealized +0.3%

FFIC FLUSHING FINL CORP 0.0%

Value ($000) $7,646 Shares 504,028 Est. Cost $13.21 Unrealized +13.6%

MBWM MERCANTILE BK CORP 0.0%

Value ($000) $9,746 Shares 202,623 Est. Cost $36.64 Unrealized +25.2%

MMS MAXIMUS INC 0.0%

Value ($000) $10,145 Shares 117,523 Est. Cost $80.56 Unrealized +6.1%

CNOB CONNECTONE BANCORP INC 0.0%

Value ($000) $13,918 Shares 530,812 Est. Cost $21.21 Unrealized +18.1%

PFBC PREFERRED BK LOS ANGELES CA 0.0%

Value ($000) $13,120 Shares 138,935 Est. Cost $65.86 Unrealized +41.5%

IMXI INTERNATIONAL MNY EXPRESS IN 0.0%

Value ($000) $6,718 Shares 437,390 Est. Cost $16.53 Unrealized -9.1%

INDB INDEPENDENT BK CORP MASS 0.0%

Value ($000) $10,407 Shares 142,405 Est. Cost $58.75 Unrealized +20.0%

HBNC HORIZON BANCORP INC 0.0%

Value ($000) $10,227 Shares 602,985 Est. Cost $13.75 Unrealized +20.4%

EFSC ENTERPRISE FINL SVCS CORP 0.0%

Value ($000) $8,935 Shares 165,454 Est. Cost $45.22 Unrealized +20.9%

GIII G III APPAREL GROUP LTD 0.0%

Value ($000) $7,378 Shares 254,758 Est. Cost $22.30 Unrealized +27.7%

PETS PETMED EXPRESS INC 0.0%

Value ($000) $2,522 Shares 788,103 Est. Cost $8.43 Unrealized -70.2%

SHBI SHORE BANCSHARES INC 0.0%

Value ($000) $6,891 Shares 389,779 Est. Cost $13.42 Unrealized +25.0%

RMR RMR GROUP INC 0.0%

Value ($000) $11,079 Shares 743,525 Est. Cost $20.18 Unrealized -27.3%

GRBK GREEN BRICK PARTNERS INC 0.0%

Value ($000) $2,935 Shares 46,838 Est. Cost $41.99 Unrealized +57.0%

ABG ASBURY AUTOMOTIVE GROUP INC 0.0%

Value ($000) $8,969 Shares 38,573 Est. Cost $201.91 Unrealized +17.1%

AAT AMERICAN ASSETS TR INC 0.0%

Value ($000) $7,775 Shares 410,729 Est. Cost $20.20 Unrealized —

MYFW FIRST WESTN FINL INC 0.0%

Value ($000) $3,507 Shares 130,798 Est. Cost $22.82 Unrealized +4.5%

CPRI CAPRI HOLDINGS LIMITED 0.0%

Value ($000) $2,652 Shares 108,700 Est. Cost $35.41 Unrealized -34.7%

ACT ENACT HLDGS INC 0.0%

Value ($000) $14,044 Shares 354,301 Est. Cost $24.71 Unrealized +51.9%

NVST ENVISTA HOLDINGS CORPORATION 0.0%

Value ($000) $7,060 Shares 325,200 Est. Cost $17.48 Unrealized +17.4%

HBCP HOME BANCORP INC 0.0%

Value ($000) $6,931 Shares 119,913 Est. Cost $44.86 Unrealized +23.2%

— PEBBLEBROOK HOTEL TR 0.0%

Value ($000) $7,184 Shares 377,137 Est. Cost $17.61 Unrealized —

CMTG CLAROS MTG TR INC 0.0%

Value ($000) $5,571 Shares 1,820,745 Est. Cost $4.16 Unrealized —

AGO ASSURED GUARANTY LTD 0.0%

Value ($000) $7,215 Shares 80,285 Est. Cost $57.89 Unrealized +49.0%

BSRR SIERRA BANCORP 0.0%

Value ($000) $3,641 Shares 111,409 Est. Cost $16.34 Unrealized +83.4%

STC STEWART INFORMATION SVCS COR 0.0%

Value ($000) $9,394 Shares 133,707 Est. Cost $47.19 Unrealized +52.6%

ASGN ASGN INC 0.1%

Value ($000) $34,239 Shares 710,805 Est. Cost $86.39 Unrealized -46.6%

BSVN BANK7 CORP 0.0%

Value ($000) $2,934 Shares 71,587 Est. Cost $46.18 Unrealized -8.0%

SMBC SOUTHERN MO BANCORP INC 0.0%

Value ($000) $3,303 Shares 55,871 Est. Cost $52.57 Unrealized +4.7%

EEX EMERALD HOLDING INC 0.0%

Value ($000) $2,621 Shares 586,376 Est. Cost $5.58 Unrealized -23.0%

RBB RBB BANCORP 0.0%

Value ($000) $3,845 Shares 186,303 Est. Cost $17.73 Unrealized +10.9%

MCRI MONARCH CASINO & RESORT INC 0.0%

Value ($000) $3,323 Shares 34,720 Est. Cost $73.62 Unrealized +30.6%

LOB LIVE OAK BANCSHARES INC 0.0%

Value ($000) $12,739 Shares 370,859 Est. Cost $30.71 Unrealized +9.0%

CPF CENTRAL PAC FINL CORP 0.0%

Value ($000) $10,062 Shares 322,929 Est. Cost $16.86 Unrealized +77.8%

HTH HILLTOP HOLDINGS INC 0.0%

Value ($000) $13,256 Shares 390,565 Est. Cost $28.88 Unrealized +16.2%

MCHB MECHANICS BANCORP 0.0%

Value ($000) $3,257 Shares 222,657 Est. Cost $13.57 Unrealized +2.5%

CIVB CIVISTA BANCSHARES INC 0.0%

Value ($000) $3,416 Shares 153,728 Est. Cost $17.26 Unrealized +26.8%

TGNA TEGNA INC 0.0%

Value ($000) $6,431 Shares 331,319 Est. Cost $15.72 Unrealized +25.7%

PLOW DOUGLAS DYNAMICS INC 0.0%

Value ($000) $6,767 Shares 207,244 Est. Cost $25.46 Unrealized +24.2%

BUSE FIRST BUSEY CORP 0.0%

Value ($000) $12,717 Shares 534,535 Est. Cost $21.72 Unrealized +6.9%

ARI APOLLO COML REAL EST FIN INC 0.0%

Value ($000) $6,151 Shares 635,462 Est. Cost $9.32 Unrealized —

— REV GROUP INC 0.0%

Value ($000) $4,115 Shares 67,670 Est. Cost $27.47 Unrealized —

BRSP BRIGHTSPIRE CAPITAL INC 0.0%

Value ($000) $6,857 Shares 1,224,540 Est. Cost $6.18 Unrealized —

CCNE CNB FINL CORP PA 0.0%

Value ($000) $3,354 Shares 128,155 Est. Cost $20.63 Unrealized +22.4%

FMNB FARMERS NATIONAL BANC CORP 0.0%

Value ($000) $2,933 Shares 220,176 Est. Cost $13.16 Unrealized +1.7%

HOPE HOPE BANCORP INC 0.0%

Value ($000) $12,938 Shares 1,180,465 Est. Cost $12.30 Unrealized -12.4%

FSUN FIRSTSUN CAP BANCORP 0.0%

Value ($000) $6,498 Shares 172,658 Est. Cost $37.65 Unrealized -3.3%

FNB F N B CORP 0.0%

Value ($000) $3,444 Shares 201,380 Est. Cost $15.72 Unrealized +3.5%

MTG MGIC INVT CORP WIS 0.0%

Value ($000) $6,802 Shares 232,800 Est. Cost $16.08 Unrealized +74.7%

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value ($000) $3,672 Shares 75,639 Est. Cost $42.82 Unrealized +14.1%

TDW TIDEWATER INC NEW 0.0%

Value ($000) $3,234 Shares 64,030 Est. Cost $54.81 Unrealized -3.6%

NPK NATIONAL PRESTO INDS INC 0.0%

Value ($000) $3,259 Shares 30,530 Est. Cost $89.58 Unrealized +17.0%

HTO H2O AMERICA 0.0%

Value ($000) $12,484 Shares 254,823 Est. Cost $51.13 Unrealized -6.2%

CBAN COLONY BANKCORP INC 0.0%

Value ($000) $3,298 Shares 185,081 Est. Cost $16.81 Unrealized +0.0%

FHI FEDERATED HERMES INC 0.0%

Value ($000) $12,675 Shares 243,424 Est. Cost $26.32 Unrealized +91.2%

AWI ARMSTRONG WORLD INDS INC NEW 0.0%

Value ($000) $6,495 Shares 33,990 Est. Cost $99.41 Unrealized +91.8%

BHRB BURKE HERBERT FINL SVCS CORP 0.0%

Value ($000) $6,583 Shares 105,644 Est. Cost $58.30 Unrealized +6.2%

GBX GREENBRIER COS INC 0.1%

Value ($000) $18,363 Shares 392,878 Est. Cost $34.66 Unrealized +28.1%

THO THOR INDS INC 0.0%

Value ($000) $12,208 Shares 118,908 Est. Cost $88.65 Unrealized +16.5%

HFWA HERITAGE FINL CORP WASH 0.0%

Value ($000) $6,689 Shares 282,819 Est. Cost $18.44 Unrealized +27.7%

BYD BOYD GAMING CORP 0.0%

Value ($000) $6,705 Shares 78,660 Est. Cost $83.67 Unrealized -1.7%

ARTNA ARTESIAN RES CORP 0.0%

Value ($000) $2,956 Shares 93,520 Est. Cost $32.34 Unrealized -1.8%

— BOEING CO 0.0%

Value ($000) $12,177 Shares 176,322 Est. Cost $62.78 Unrealized —

OTTR OTTER TAIL CORP 0.0%

Value ($000) $6,753 Shares 83,569 Est. Cost $53.43 Unrealized +50.2%

NE NOBLE CORP PLC 0.0%

Value ($000) $6,180 Shares 218,829 Est. Cost $27.55 Unrealized +6.1%

MS MORGAN STANLEY 0.0%

Value ($000) $550 Shares 3,100 Est. Cost $76.21 Unrealized +118.4%

CARE CARTER BANKSHARES INC 0.0%

Value ($000) $3,760 Shares 191,238 Est. Cost $16.58 Unrealized +12.4%

PEB PEBBLEBROOK HOTEL TR 0.0%

Value ($000) $15,167 Shares 1,339,847 Est. Cost $14.00 Unrealized —

MTUM ISHARES TR 0.0%

Value ($000) $1,627 Shares 6,500 Est. Cost — Unrealized —

CCL CARNIVAL CORP 0.0%

Value ($000) $647 Shares 21,200 Est. Cost $15.62 Unrealized +78.5%

GSBC GREAT SOUTHN BANCORP INC 0.0%

Value ($000) $6,848 Shares 111,235 Est. Cost $56.50 Unrealized +6.4%

FSTR FOSTER L B CO 0.0%

Value ($000) $3,795 Shares 140,817 Est. Cost $20.66 Unrealized +30.7%

VOYA VOYA FINANCIAL INC 0.0%

Value ($000) $9,496 Shares 127,482 Est. Cost $72.96 Unrealized -0.6%

SRI STONERIDGE INC 0.0%

Value ($000) $84 Shares 14,500 Est. Cost $4.90 Unrealized +28.4%

UCB UNITED CMNTY BKS BLAIRSVLE G 0.0%

Value ($000) $6,255 Shares 200,347 Est. Cost $31.62 Unrealized -2.4%

THG HANOVER INS GROUP INC 0.0%

Value ($000) $10,101 Shares 55,265 Est. Cost $125.93 Unrealized +42.2%

FUL FULLER H B CO 0.0%

Value ($000) $12,502 Shares 210,257 Est. Cost $59.56 Unrealized -1.8%

RGP RESOURCES CONNECTION INC 0.0%

Value ($000) $3,969 Shares 787,448 Est. Cost $10.91 Unrealized -56.3%

ASO ACADEMY SPORTS & OUTDOORS IN 0.0%

Value ($000) $3,166 Shares 63,375 Est. Cost $50.81 Unrealized -2.6%

STRR STAR EQUITY HOLDINGS INC 0.0%

Value ($000) $134 Shares 11,920 Est. Cost $14.62 Unrealized -26.7%

DCOM DIME CMNTY BANCSHARES INC 0.0%

Value ($000) $12,900 Shares 428,714 Est. Cost $24.07 Unrealized +18.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FDX	FEDEX CORP	2,233,225	$645,089	1.9%	$192.61	+35.8%	COM	31428X106
AIG	AMERICAN INTL GROUP INC	10,270,323	$878,626	2.6%	$52.62	+51.4%	COM NEW	026874784
USB	US BANCORP DEL	11,657,432	$622,041	1.9%	$36.58	+33.2%	COM NEW	902973304
ELV	ELEVANCE HEALTH INC FORMERLY	2,051,150	$719,031	2.1%	$348.23	-3.3%	COM	036752103
APTV	APTIV PLC	3,619,797	$275,430	0.8%	$61.23	+31.1%	COM SHS	G3265R107
FCNCA	FIRST CTZNS BANCSHARES INC D	96,152	$206,359	0.6%	$1348.75	+39.7%	CL A	31946M103
WPP	WPP PLC NEW	10,097,072	$226,780	0.7%	$41.95	—	ADR	92937A102
ADNT	ADIENT PLC	2,542,760	$48,745	0.1%	$34.27	-38.6%	ORD SHS	G0084W101
CVS	CVS HEALTH CORP	2,893,377	$229,618	0.7%	$63.80	+23.3%	COM	126650100
UPS	UNITED PARCEL SERVICE INC	565,000	$56,042	0.2%	—	—	PUT	911312106
SHEL	SHELL PLC	6,316,607	$464,144	1.4%	$57.59	—	SPON ADS	780259305
HIG	HARTFORD INSURANCE GROUP INC	1,400,394	$192,974	0.6%	$48.64	+170.5%	COM	416515104
NSC	NORFOLK SOUTHN CORP	770,668	$222,507	0.7%	$233.00	+23.9%	COM	655844108
BUD	ANHEUSER BUSCH INBEV SA/NV	1,501,890	$96,181	0.3%	$57.62	—	SPONSORED ADR	03524A108
HUM	HUMANA INC	1,363,528	$349,240	1.0%	$298.90	-12.6%	COM	444859102
JBI	JANUS INTERNATIONAL GROUP IN	1,293,448	$8,459	0.0%	$10.76	-27.6%	COMMON STOCK	47103N106
PRKS	UNITED PARKS & RESORTS INC	243,990	$8,857	0.0%	$50.91	-18.4%	COM	81282V100
FLS	FLOWSERVE CORP	236,103	$16,381	0.0%	$53.92	+18.8%	COM	34354P105
BFH	BREAD FINANCIAL HOLDINGS INC	199,228	$14,749	0.0%	$36.08	+81.9%	COM	018581108
LNTH	LANTHEUS HLDGS INC	224,496	$14,940	0.0%	$62.49	-6.9%	COM	516544103
HOG	HARLEY DAVIDSON INC	468,436	$9,598	0.0%	$33.23	-26.0%	COM	412822108
VC	VISTEON CORP	106,878	$10,164	0.0%	$98.36	+7.5%	COM NEW	92839U206
SIGA	SIGA TECHNOLOGIES INC	819,447	$5,007	0.0%	$6.12	+16.3%	COM	826917106
TNL	TRAVEL PLUS LEISURE CO	218,161	$15,387	0.0%	$42.18	+54.4%	COM	894164102
CMCO	COLUMBUS MCKINNON CORP N Y	822,625	$14,190	0.0%	$18.60	-14.3%	COM	199333105
YETI	YETI HLDGS INC	189,920	$8,389	0.0%	$34.95	+10.1%	COM	98585X104
VRTS	VIRTUS INVT PARTNERS INC	67,172	$10,959	0.0%	$188.25	-12.0%	COM	92828Q109
TSM	TAIWAN SEMICONDUCTOR MFG LTD	73,263	$22,264	0.1%	$226.49	—	SPONSORED ADS	874039100
BWA	BORGWARNER INC	2,201,074	$99,180	0.3%	$36.92	+18.3%	COM	099724106
TRST	TRUSTCO BK CORP N Y	272,999	$11,283	0.0%	$28.90	+37.1%	COM NEW	898349204
—	DENNYS CORP	1,442,118	$8,970	0.0%	$6.28	—	COM	24869P104
AMTM	AMENTUM HOLDINGS INC	268,375	$7,783	0.0%	$24.35	+5.0%	COM	023939101
PVH	PVH CORPORATION	82,820	$5,551	0.0%	$79.95	-2.2%	COM	693656100
ARW	ARROW ELECTRS INC	123,964	$13,658	0.0%	$109.01	+4.2%	COM	042735100
EGY	VAALCO ENERGY INC	3,325,520	$12,105	0.0%	$3.94	-7.1%	COM NEW	91851C201
APA	APA CORPORATION	35,446,644	$867,025	2.6%	$25.37	-4.9%	COM	03743Q108
VOD	VODAFONE GROUP PLC NEW	752,504	$9,941	0.0%	$17.50	—	SPONSORED ADR	92857W308
MEI	METHODE ELECTRS INC	1,339,993	$8,898	0.0%	$12.60	-44.2%	COM	591520200
DOUG	DOUGLAS ELLIMAN INC	2,479,633	$5,877	0.0%	$2.05	+25.3%	COM	25961D105
LEGH	LEGACY HOUSING CORP	150,330	$2,934	0.0%	$25.62	-16.4%	COM	52472M101
WKC	WORLD KINECT CORPORATION	497,234	$11,650	0.0%	$25.45	-3.1%	COM	981475106
SCSC	SCANSOURCE INC	222,905	$8,707	0.0%	$36.60	+12.8%	COM	806037107
LNC	LINCOLN NATL CORP IND	250,852	$11,170	0.0%	$26.22	+57.0%	COM	534187109
AVD	AMERICAN VANGUARD CORP	579,606	$2,214	0.0%	$6.33	-26.2%	COM	030371108
VNT	VONTIER CORPORATION	234,442	$8,717	0.0%	$37.24	+2.7%	COM	928881101
ACIW	ACI WORLDWIDE INC	195,329	$9,339	0.0%	$47.26	+2.7%	COM	004498101
FLG	FLAGSTAR BANK NATIONAL ASSOC	1,086,301	$13,677	0.0%	$11.22	+6.5%	COM NEW	649445400
FFWM	FIRST FNDTN INC	1,689,030	$10,404	0.0%	$6.66	-15.9%	COM	32026V104
KMT	KENNAMETAL INC	134,664	$3,826	0.0%	$23.18	+9.3%	COM	489170100
REYN	REYNOLDS CONSUMER PRODS INC	548,717	$12,577	0.0%	$22.09	+7.6%	COM	76171L106
QCRH	QCR HOLDINGS INC	129,656	$10,800	0.0%	$75.19	+4.6%	COM	74727A104
TNC	TENNANT CO	117,775	$8,680	0.0%	$82.35	-7.4%	COM	880345103
TCBK	TRICO BANCSHARES	291,483	$13,808	0.0%	$42.63	+7.6%	COM	896095106
MBIN	MERCHANTS BANCORP IND	391,068	$13,320	0.0%	$32.09	+2.1%	COM	58844R108
ANIP	ANI PHARMACEUTICALS INC	74,780	$5,903	0.0%	$60.23	+43.8%	COM	00182C103
JBSS	SANFILIPPO JOHN B & SON INC	150,857	$10,651	0.0%	$74.54	-8.8%	COM	800422107
GPI	GROUP 1 AUTOMOTIVE INC	21,509	$8,459	0.0%	$152.76	+168.7%	COM	398905109
UVSP	UNIVEST FINANCIAL CORPORATIO	314,159	$10,286	0.0%	$22.52	+39.1%	COM	915271100
TRS	TRIMAS CORP	252,963	$8,968	0.0%	$26.25	+33.0%	COM NEW	896215209
DLR	DIGITAL RLTY TR INC	45,000	$6,962	0.0%	—	—	PUT	253868103
ESRT	EMPIRE ST RLTY TR INC	728,780	$4,752	0.0%	$7.26	—	CL A	292104106
DRH	DIAMONDROCK HOSPITALITY CO	809,237	$7,251	0.0%	$8.35	—	COM	252784301
FIBK	FIRST INTST BANCSYSTEM INC	318,450	$11,018	0.0%	$26.38	+21.8%	COM	32055Y201
UTMD	UTAH MED PRODS INC	109,001	$6,100	0.0%	$66.67	-13.1%	COM	917488108
TMP	TOMPKINS FINL CORP	118,599	$8,601	0.0%	$48.30	+40.3%	COM	890110109
GPMT	GRANITE PT MTG TR INC	1,269,557	$3,047	0.0%	$4.68	—	COM STK	38741L107
HTLD	HEARTLAND EXPRESS INC	1,149,008	$10,376	0.0%	$9.55	-12.9%	COM	422347104
KE	KIMBALL ELECTRONICS INC	330,321	$9,190	0.0%	$19.71	+46.4%	COM	49428J109
UFCS	UNITED FIRE GROUP INC	117,098	$4,257	0.0%	$21.35	+60.1%	COM	910340108
EGBN	EAGLE BANCORP INC MD	640,727	$13,724	0.0%	$24.99	-22.9%	COM	268948106
NJR	NEW JERSEY RES CORP	274,689	$12,669	0.0%	$45.70	+0.3%	COM	646025106
FFIC	FLUSHING FINL CORP	504,028	$7,646	0.0%	$13.21	+13.6%	COM	343873105
MBWM	MERCANTILE BK CORP	202,623	$9,746	0.0%	$36.64	+25.2%	COM	587376104
MMS	MAXIMUS INC	117,523	$10,145	0.0%	$80.56	+6.1%	COM	577933104
CNOB	CONNECTONE BANCORP INC	530,812	$13,918	0.0%	$21.21	+18.1%	COM	20786W107
PFBC	PREFERRED BK LOS ANGELES CA	138,935	$13,120	0.0%	$65.86	+41.5%	COM NEW	740367404
IMXI	INTERNATIONAL MNY EXPRESS IN	437,390	$6,718	0.0%	$16.53	-9.1%	COM	46005L101
INDB	INDEPENDENT BK CORP MASS	142,405	$10,407	0.0%	$58.75	+20.0%	COM	453836108
HBNC	HORIZON BANCORP INC	602,985	$10,227	0.0%	$13.75	+20.4%	COM	440407104
EFSC	ENTERPRISE FINL SVCS CORP	165,454	$8,935	0.0%	$45.22	+20.9%	COM	293712105
GIII	G III APPAREL GROUP LTD	254,758	$7,378	0.0%	$22.30	+27.7%	COM	36237H101
PETS	PETMED EXPRESS INC	788,103	$2,522	0.0%	$8.43	-70.2%	COM	716382106
SHBI	SHORE BANCSHARES INC	389,779	$6,891	0.0%	$13.42	+25.0%	COM	825107105
RMR	RMR GROUP INC	743,525	$11,079	0.0%	$20.18	-27.3%	CL A	74967R106
GRBK	GREEN BRICK PARTNERS INC	46,838	$2,935	0.0%	$41.99	+57.0%	COM	392709101
ABG	ASBURY AUTOMOTIVE GROUP INC	38,573	$8,969	0.0%	$201.91	+17.1%	COM	043436104
AAT	AMERICAN ASSETS TR INC	410,729	$7,775	0.0%	$20.20	—	COM	024013104
MYFW	FIRST WESTN FINL INC	130,798	$3,507	0.0%	$22.82	+4.5%	COM	33751L105
CPRI	CAPRI HOLDINGS LIMITED	108,700	$2,652	0.0%	$35.41	-34.7%	SHS	G1890L107
ACT	ENACT HLDGS INC	354,301	$14,044	0.0%	$24.71	+51.9%	COM	29249E109
NVST	ENVISTA HOLDINGS CORPORATION	325,200	$7,060	0.0%	$17.48	+17.4%	COM	29415F104
HBCP	HOME BANCORP INC	119,913	$6,931	0.0%	$44.86	+23.2%	COM	43689E107
—	PEBBLEBROOK HOTEL TR	377,137	$7,184	0.0%	$17.61	—	6.3 CUM PFD SR F	70509V704
CMTG	CLAROS MTG TR INC	1,820,745	$5,571	0.0%	$4.16	—	COMMON STOCK	18270D106
AGO	ASSURED GUARANTY LTD	80,285	$7,215	0.0%	$57.89	+49.0%	COM	G0585R106
BSRR	SIERRA BANCORP	111,409	$3,641	0.0%	$16.34	+83.4%	COM	82620P102
STC	STEWART INFORMATION SVCS COR	133,707	$9,394	0.0%	$47.19	+52.6%	COM	860372101
ASGN	ASGN INC	710,805	$34,239	0.1%	$86.39	-46.6%	COM	00191U102
BSVN	BANK7 CORP	71,587	$2,934	0.0%	$46.18	-8.0%	COM	06652N107
SMBC	SOUTHERN MO BANCORP INC	55,871	$3,303	0.0%	$52.57	+4.7%	COM	843380106
EEX	EMERALD HOLDING INC	586,376	$2,621	0.0%	$5.58	-23.0%	COM	29103W104
RBB	RBB BANCORP	186,303	$3,845	0.0%	$17.73	+10.9%	COM	74930B105
MCRI	MONARCH CASINO & RESORT INC	34,720	$3,323	0.0%	$73.62	+30.6%	COM	609027107
LOB	LIVE OAK BANCSHARES INC	370,859	$12,739	0.0%	$30.71	+9.0%	COM	53803X105
CPF	CENTRAL PAC FINL CORP	322,929	$10,062	0.0%	$16.86	+77.8%	COM NEW	154760409
HTH	HILLTOP HOLDINGS INC	390,565	$13,256	0.0%	$28.88	+16.2%	COM	432748101
MCHB	MECHANICS BANCORP	222,657	$3,257	0.0%	$13.57	+2.5%	CL A	43785V102
CIVB	CIVISTA BANCSHARES INC	153,728	$3,416	0.0%	$17.26	+26.8%	COM NO PAR	178867107
TGNA	TEGNA INC	331,319	$6,431	0.0%	$15.72	+25.7%	COM	87901J105
PLOW	DOUGLAS DYNAMICS INC	207,244	$6,767	0.0%	$25.46	+24.2%	COM	25960R105
BUSE	FIRST BUSEY CORP	534,535	$12,717	0.0%	$21.72	+6.9%	COM NEW	319383204
ARI	APOLLO COML REAL EST FIN INC	635,462	$6,151	0.0%	$9.32	—	COM	03762U105
—	REV GROUP INC	67,670	$4,115	0.0%	$27.47	—	COM	749527107
BRSP	BRIGHTSPIRE CAPITAL INC	1,224,540	$6,857	0.0%	$6.18	—	COM CL A	10949T109
CCNE	CNB FINL CORP PA	128,155	$3,354	0.0%	$20.63	+22.4%	COM	126128107
FMNB	FARMERS NATIONAL BANC CORP	220,176	$2,933	0.0%	$13.16	+1.7%	COM	309627107
HOPE	HOPE BANCORP INC	1,180,465	$12,938	0.0%	$12.30	-12.4%	COM	43940T109
FSUN	FIRSTSUN CAP BANCORP	172,658	$6,498	0.0%	$37.65	-3.3%	COM	33767U107
FNB	F N B CORP	201,380	$3,444	0.0%	$15.72	+3.5%	COM	302520101
MTG	MGIC INVT CORP WIS	232,800	$6,802	0.0%	$16.08	+74.7%	COM	552848103
INSW	INTERNATIONAL SEAWAYS INC	75,639	$3,672	0.0%	$42.82	+14.1%	COM	Y41053102
TDW	TIDEWATER INC NEW	64,030	$3,234	0.0%	$54.81	-3.6%	COM	88642R109
NPK	NATIONAL PRESTO INDS INC	30,530	$3,259	0.0%	$89.58	+17.0%	COM	637215104
HTO	H2O AMERICA	254,823	$12,484	0.0%	$51.13	-6.2%	COM	784305104
CBAN	COLONY BANKCORP INC	185,081	$3,298	0.0%	$16.81	+0.0%	COM	19623P101
FHI	FEDERATED HERMES INC	243,424	$12,675	0.0%	$26.32	+91.2%	CL B	314211103
AWI	ARMSTRONG WORLD INDS INC NEW	33,990	$6,495	0.0%	$99.41	+91.8%	COM	04247X102
BHRB	BURKE HERBERT FINL SVCS CORP	105,644	$6,583	0.0%	$58.30	+6.2%	COM	12135Y108
GBX	GREENBRIER COS INC	392,878	$18,363	0.1%	$34.66	+28.1%	COM	393657101
THO	THOR INDS INC	118,908	$12,208	0.0%	$88.65	+16.5%	COM	885160101
HFWA	HERITAGE FINL CORP WASH	282,819	$6,689	0.0%	$18.44	+27.7%	COM	42722X106
BYD	BOYD GAMING CORP	78,660	$6,705	0.0%	$83.67	-1.7%	COM	103304101
ARTNA	ARTESIAN RES CORP	93,520	$2,956	0.0%	$32.34	-1.8%	CL A	043113208
—	BOEING CO	176,322	$12,177	0.0%	$62.78	—	DEP CONV PFD A	097023204
OTTR	OTTER TAIL CORP	83,569	$6,753	0.0%	$53.43	+50.2%	COM	689648103
NE	NOBLE CORP PLC	218,829	$6,180	0.0%	$27.55	+6.1%	ORD SHS A	G65431127
MS	MORGAN STANLEY	3,100	$550	0.0%	$76.21	+118.4%	COM NEW	617446448
CARE	CARTER BANKSHARES INC	191,238	$3,760	0.0%	$16.58	+12.4%	COM NEW	146103106
PEB	PEBBLEBROOK HOTEL TR	1,339,847	$15,167	0.0%	$14.00	—	COM	70509V100
MTUM	ISHARES TR	6,500	$1,627	0.0%	—	—	PUT	46432F396
CCL	CARNIVAL CORP	21,200	$647	0.0%	$15.62	+78.5%	UNIT 99/99/9999	143658300
GSBC	GREAT SOUTHN BANCORP INC	111,235	$6,848	0.0%	$56.50	+6.4%	COM	390905107
FSTR	FOSTER L B CO	140,817	$3,795	0.0%	$20.66	+30.7%	COM	350060109
VOYA	VOYA FINANCIAL INC	127,482	$9,496	0.0%	$72.96	-0.6%	COM	929089100
SRI	STONERIDGE INC	14,500	$84	0.0%	$4.90	+28.4%	COM	86183P102
UCB	UNITED CMNTY BKS BLAIRSVLE G	200,347	$6,255	0.0%	$31.62	-2.4%	COM	90984P303
THG	HANOVER INS GROUP INC	55,265	$10,101	0.0%	$125.93	+42.2%	COM	410867105
FUL	FULLER H B CO	210,257	$12,502	0.0%	$59.56	-1.8%	COM	359694106
RGP	RESOURCES CONNECTION INC	787,448	$3,969	0.0%	$10.91	-56.3%	COM	76122Q105
ASO	ACADEMY SPORTS & OUTDOORS IN	63,375	$3,166	0.0%	$50.81	-2.6%	COM	00402L107
STRR	STAR EQUITY HOLDINGS INC	11,920	$134	0.0%	$14.62	-26.7%	COM NEW	443787205
DCOM	DIME CMNTY BANCSHARES INC	428,714	$12,900	0.0%	$24.07	+18.8%	COM	25432X102