Dean Capital Management Diversified Active

CIK: 0001455468 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 20, 2026

Total Value ($000): $234,708 (100.0% shares, 0.0% debt)

Holdings (117)

New Positions (4)

POR Portland General Electric Co 1.6%

Value ($000) $3,801 Shares 79,207 Est. Cost $46.76 Unrealized 0.0%

CPK Chesapeake Untilities Corp 1.5%

Value ($000) $3,475 Shares 27,851 Est. Cost $131.35 Unrealized 0.0%

PBH Prestige Consumer Healthcare I 1.1%

Value ($000) $2,523 Shares 40,899 Est. Cost $61.21 Unrealized 0.0%

KEYS Keysight Technologies Inc 0.9%

Value ($000) $2,015 Shares 9,919 Est. Cost $185.56 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
POR	Portland General Electric Co	79,207	$3,801	1.6%	$46.76	0.0%	CS	736508847
CPK	Chesapeake Untilities Corp	27,851	$3,475	1.5%	$131.35	0.0%	CS	165303108
PBH	Prestige Consumer Healthcare I	40,899	$2,523	1.1%	$61.21	0.0%	CS	74112D101
KEYS	Keysight Technologies Inc	9,919	$2,015	0.9%	$185.56	0.0%	CS	49338L103

Increased Positions (75)

SAFT Safety Insurance Group Inc 1.1%

Value ($000) $2,591 (+473.2%) Shares 33,261 (+420.1%) Est. Cost $74.96 Unrealized -1.3%

EIG Employers Holdings 1.2%

Value ($000) $2,821 (+298.7%) Shares 65,339 (+292.3%) Est. Cost $40.25 Unrealized +0.9%

VIAV Viavi Solutions Inc 1.7%

Value ($000) $3,945 (+54.9%) Shares 221,405 (+10.3%) Est. Cost $9.99 Unrealized +61.7%

HP Helmerich & Payne Inc 1.8%

Value ($000) $4,136 (+39.5%) Shares 144,195 (+7.5%) Est. Cost $28.03 Unrealized -5.2%

JBSS John B Sanfilippo & Son Inc 1.4%

Value ($000) $3,352 (+46.2%) Shares 47,478 (+33.2%) Est. Cost $71.76 Unrealized -5.3%

KMT Kennametal Inc 0.9%

Value ($000) $2,133 (+90.6%) Shares 75,093 (+40.4%) Est. Cost $22.86 Unrealized +10.8%

REYN Reynolds Consumer Products 1.5%

Value ($000) $3,569 (+38.9%) Shares 155,712 (+48.2%) Est. Cost $22.64 Unrealized +5.0%

CAC Camden National Corp 0.7%

Value ($000) $1,703 (+132.0%) Shares 39,251 (+106.4%) Est. Cost $38.46 Unrealized +3.7%

JAZZ Jazz Pharmaceuticals PLC 1.5%

Value ($000) $3,597 (+33.1%) Shares 21,158 (+3.2%) Est. Cost $111.94 Unrealized +37.0%

LEG Leggett & Platt Inc 0.5%

Value ($000) $1,216 (+187.2%) Shares 110,585 (+131.9%) Est. Cost $11.19 Unrealized -12.1%

DG Dollar General Corp 1.3%

Value ($000) $3,056 (+32.5%) Shares 23,017 (+3.2%) Est. Cost $78.91 Unrealized +41.3%

KNX Knight-Swift Transportation Ho 1.0%

Value ($000) $2,330 (+36.6%) Shares 44,563 (+3.2%) Est. Cost $48.05 Unrealized -2.7%

HTLD Heartland Express Inc 0.5%

Value ($000) $1,236 (+87.4%) Shares 136,909 (+73.9%) Est. Cost $10.36 Unrealized -19.7%

HCSG Healthcare Services Group Inc 1.4%

Value ($000) $3,301 (+21.1%) Shares 172,634 (+6.6%) Est. Cost $13.52 Unrealized +33.0%

INVX Innovex International Inc 1.3%

Value ($000) $3,138 (+21.2%) Shares 143,490 (+2.7%) Est. Cost $15.59 Unrealized +33.9%

CUZ Cousins Properties Inc 0.5%

Value ($000) $1,176 (+82.0%) Shares 45,601 (+104.3%) Est. Cost $26.64 Unrealized —

— Capri Holdings Ltd 0.8%

Value ($000) $1,976 (+34.6%) Shares 80,970 (+9.9%) Est. Cost $20.32 Unrealized —

STBA S&T Bancorp Inc 0.8%

Value ($000) $1,882 (+36.4%) Shares 47,830 (+30.3%) Est. Cost $34.44 Unrealized +12.1%

MKSI MKS Inc 0.8%

Value ($000) $1,932 (+33.3%) Shares 12,090 (+3.2%) Est. Cost $92.75 Unrealized +59.8%

WGO Winnebago Industries Inc 0.7%

Value ($000) $1,571 (+37.5%) Shares 38,781 (+13.5%) Est. Cost $39.36 Unrealized -7.3%

WCC Wesco International Inc 1.1%

Value ($000) $2,503 (+19.4%) Shares 10,230 (+3.2%) Est. Cost $173.11 Unrealized +41.5%

DOV Dover Corp 1.0%

Value ($000) $2,285 (+20.8%) Shares 11,703 (+3.2%) Est. Cost $179.56 Unrealized +1.3%

AIR Aar Corp 0.8%

Value ($000) $1,946 (+23.8%) Shares 23,504 (+34.1%) Est. Cost $77.80 Unrealized +6.3%

AIZ Assurant Inc 1.2%

Value ($000) $2,706 (+14.8%) Shares 11,237 (+3.2%) Est. Cost $181.62 Unrealized +22.7%

BK Bank of NY Mellon 1.6%

Value ($000) $3,743 (+10.0%) Shares 32,240 (+3.2%) Est. Cost $66.72 Unrealized +65.6%

EHC Encompass Health Corp 0.9%

Value ($000) $2,098 (-13.8%) Shares 19,763 (+3.2%) Est. Cost $89.97 Unrealized +28.6%

— Jefferies Financial Group Inc 0.8%

Value ($000) $1,834 (+20.9%) Shares 29,603 (+27.6%) Est. Cost $64.67 Unrealized —

WERN Werner Enterprises Inc 0.7%

Value ($000) $1,629 (+22.9%) Shares 54,295 (+7.8%) Est. Cost $36.24 Unrealized -24.2%

AVY Avery Dennison Corp 0.9%

Value ($000) $2,129 (+15.7%) Shares 11,703 (+3.2%) Est. Cost $198.80 Unrealized -13.3%

CTRA Coterra Energy Inc 0.8%

Value ($000) $1,952 (+14.8%) Shares 74,168 (+3.2%) Est. Cost $24.24 Unrealized +3.5%

— Gates Industrial Corp PLC 0.8%

Value ($000) $1,980 (-10.7%) Shares 92,225 (+3.2%) Est. Cost $18.80 Unrealized —

PR Permian Resources Corp 0.8%

Value ($000) $1,964 (+13.1%) Shares 139,966 (+3.2%) Est. Cost $14.22 Unrealized -5.6%

IFF International Flavors & Fragra 0.8%

Value ($000) $1,969 (+13.0%) Shares 29,217 (+3.2%) Est. Cost $90.66 Unrealized -29.0%

HAS Hasbro Inc 0.8%

Value ($000) $1,862 (+11.6%) Shares 22,707 (+3.2%) Est. Cost $61.15 Unrealized +27.6%

RGA Reinsurance Group Of America 1.0%

Value ($000) $2,271 (+9.3%) Shares 11,160 (+3.2%) Est. Cost $209.42 Unrealized -7.7%

PB Prosperity Bancshares Inc 1.1%

Value ($000) $2,496 (+7.5%) Shares 36,115 (+3.2%) Est. Cost $68.01 Unrealized -1.4%

PHM PulteGroup Inc 0.8%

Value ($000) $1,781 (-8.4%) Shares 15,190 (+3.2%) Est. Cost $120.83 Unrealized +1.3%

BWA BorgWarner Inc 1.2%

Value ($000) $2,787 (+5.8%) Shares 61,846 (+3.2%) Est. Cost $32.64 Unrealized +33.9%

HIG Hartford Insurance Group Inc 1.0%

Value ($000) $2,456 (+6.5%) Shares 17,825 (+3.1%) Est. Cost $108.79 Unrealized +20.9%

BRC Brady Corp 1.1%

Value ($000) $2,653 (+5.9%) Shares 33,846 (+5.5%) Est. Cost $63.18 Unrealized +22.1%

RF Regions Financial Corp 1.1%

Value ($000) $2,497 (+6.1%) Shares 92,148 (+3.2%) Est. Cost $21.33 Unrealized +18.9%

LAD Lithia Motors Inc-Cl A 0.8%

Value ($000) $1,803 (+8.5%) Shares 5,425 (+3.2%) Est. Cost $343.75 Unrealized -7.6%

DGX Quest Diagnostics Inc 0.9%

Value ($000) $2,165 (-6.1%) Shares 12,478 (+3.2%) Est. Cost $148.66 Unrealized +22.5%

WRB WR Berkley Corp 1.0%

Value ($000) $2,326 (-5.6%) Shares 33,170 (+3.2%) Est. Cost $55.46 Unrealized +31.2%

CPB Campbell's Company/The 0.6%

Value ($000) $1,337 (-8.9%) Shares 47,973 (+3.2%) Est. Cost $36.89 Unrealized -18.5%

ARW Arrow Electronics Inc 0.8%

Value ($000) $1,964 (-6.1%) Shares 17,825 (+3.2%) Est. Cost $123.10 Unrealized -7.7%

STAG Stag Industrial Inc 0.8%

Value ($000) $1,778 (+7.4%) Shares 48,361 (+3.1%) Est. Cost $38.75 Unrealized —

XEL Xcel Energy Inc 0.8%

Value ($000) $1,975 (-5.5%) Shares 26,737 (+3.2%) Est. Cost $58.63 Unrealized +33.5%

CBRE CBRE Group Inc 0.9%

Value ($000) $2,093 (+5.3%) Shares 13,020 (+3.2%) Est. Cost $111.43 Unrealized +41.1%

OGE OGE Energy Corp 0.8%

Value ($000) $1,956 (-4.8%) Shares 45,803 (+3.2%) Est. Cost $39.31 Unrealized +13.5%

RSG Republic Services Inc 0.8%

Value ($000) $1,774 (-4.7%) Shares 8,370 (+3.2%) Est. Cost $204.38 Unrealized +5.0%

RJF Raymond James Financial Inc 0.8%

Value ($000) $1,979 (-4.0%) Shares 12,322 (+3.2%) Est. Cost $118.06 Unrealized +36.3%

EMN Eastman Chemical Co 0.8%

Value ($000) $1,791 (+4.5%) Shares 28,056 (+3.2%) Est. Cost $73.92 Unrealized -17.5%

BKR Baker Hughes Co 0.9%

Value ($000) $2,089 (-3.5%) Shares 45,880 (+3.2%) Est. Cost $35.80 Unrealized +32.2%

AVB Avalonbay Communities Inc 0.9%

Value ($000) $2,009 (-3.1%) Shares 11,083 (+3.2%) Est. Cost $201.90 Unrealized -11.0%

ATKR Atkore Inc 0.5%

Value ($000) $1,197 (+5.2%) Shares 18,921 (+4.4%) Est. Cost $63.72 Unrealized +1.5%

GPN Global Payments Inc 0.6%

Value ($000) $1,428 (-3.9%) Shares 18,445 (+3.2%) Est. Cost $100.59 Unrealized -20.2%

BR Broadridge Financial Solutions 0.7%

Value ($000) $1,695 (-3.2%) Shares 7,595 (+3.3%) Est. Cost $207.63 Unrealized +9.5%

REG Regency Centers Corp 0.9%

Value ($000) $2,177 (-2.3%) Shares 31,542 (+3.2%) Est. Cost $66.58 Unrealized +4.4%

MCHP Microchip Technology Inc 0.8%

Value ($000) $1,946 (+2.4%) Shares 30,535 (+3.2%) Est. Cost $62.31 Unrealized -1.5%

OMC Omnicom Group 0.9%

Value ($000) $2,059 (+2.2%) Shares 25,498 (+3.2%) Est. Cost $85.80 Unrealized -11.7%

CNP Centerpoint Energy Inc 0.9%

Value ($000) $2,050 (+2.0%) Shares 53,475 (+3.2%) Est. Cost $27.58 Unrealized +40.9%

SSNC SS&C Technologies Holdings 1.1%

Value ($000) $2,520 (+1.6%) Shares 28,830 (+3.1%) Est. Cost $71.99 Unrealized +18.4%

LKQ LKQ Corp 0.7%

Value ($000) $1,725 (+2.0%) Shares 57,117 (+3.2%) Est. Cost $32.29 Unrealized -7.1%

AEE Ameren Corp 1.1%

Value ($000) $2,577 (-1.3%) Shares 25,807 (+3.1%) Est. Cost $78.97 Unrealized +29.1%

ATO Atmos Energy Corp 1.0%

Value ($000) $2,326 (+1.3%) Shares 13,873 (+3.2%) Est. Cost $127.86 Unrealized +34.8%

TTWO Take-Two Interactive Software 0.6%

Value ($000) $1,349 (+2.3%) Shares 5,270 (+3.2%) Est. Cost $158.91 Unrealized +56.9%

USFD US Foods Holding Corp 0.8%

Value ($000) $1,979 (+1.4%) Shares 26,273 (+3.2%) Est. Cost $57.61 Unrealized +30.4%

AMP Ameriprise Financial Inc 0.4%

Value ($000) $912 (+3.0%) Shares 1,860 (+3.2%) Est. Cost $434.21 Unrealized +9.1%

ZBH Zimmer Biomet Holdings Inc 0.7%

Value ($000) $1,756 (+1.5%) Shares 19,528 (+11.2%) Est. Cost $105.49 Unrealized -10.3%

LHX L3Harris Technologies Inc 1.1%

Value ($000) $2,685 (-0.8%) Shares 9,145 (+3.2%) Est. Cost $225.00 Unrealized +28.2%

RRX Regal Rexnord Corp 0.8%

Value ($000) $1,947 (+0.9%) Shares 13,873 (+3.2%) Est. Cost $148.06 Unrealized -3.9%

AGCO AGCO Corp 0.8%

Value ($000) $1,851 (+0.5%) Shares 17,748 (+3.2%) Est. Cost $95.71 Unrealized +10.7%

BJ BJ's Wholesale Club Holdings 0.7%

Value ($000) $1,709 (-0.4%) Shares 18,988 (+3.2%) Est. Cost $87.82 Unrealized +4.5%

— ITT Inc 0.9%

Value ($000) $2,111 (+0.3%) Shares 12,168 (+3.3%) Est. Cost $150.07 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SAFT	Safety Insurance Group Inc	33,261 (+420.1%)	$2,591 (+473.2%)	1.1%	$74.96	-1.3%	CS	78648T100
EIG	Employers Holdings	65,339 (+292.3%)	$2,821 (+298.7%)	1.2%	$40.25	+0.9%	CS	292218104
VIAV	Viavi Solutions Inc	221,405 (+10.3%)	$3,945 (+54.9%)	1.7%	$9.99	+61.7%	CS	925550105
HP	Helmerich & Payne Inc	144,195 (+7.5%)	$4,136 (+39.5%)	1.8%	$28.03	-5.2%	CS	423452101
JBSS	John B Sanfilippo & Son Inc	47,478 (+33.2%)	$3,352 (+46.2%)	1.4%	$71.76	-5.3%	CS	800422107
KMT	Kennametal Inc	75,093 (+40.4%)	$2,133 (+90.6%)	0.9%	$22.86	+10.8%	CS	489170100
REYN	Reynolds Consumer Products	155,712 (+48.2%)	$3,569 (+38.9%)	1.5%	$22.64	+5.0%	CS	76171L106
CAC	Camden National Corp	39,251 (+106.4%)	$1,703 (+132.0%)	0.7%	$38.46	+3.7%	CS	133034108
JAZZ	Jazz Pharmaceuticals PLC	21,158 (+3.2%)	$3,597 (+33.1%)	1.5%	$111.94	+37.0%	CS	G50871105
LEG	Leggett & Platt Inc	110,585 (+131.9%)	$1,216 (+187.2%)	0.5%	$11.19	-12.1%	CS	524660107
DG	Dollar General Corp	23,017 (+3.2%)	$3,056 (+32.5%)	1.3%	$78.91	+41.3%	CS	256677105
KNX	Knight-Swift Transportation Ho	44,563 (+3.2%)	$2,330 (+36.6%)	1.0%	$48.05	-2.7%	CS	499049104
HTLD	Heartland Express Inc	136,909 (+73.9%)	$1,236 (+87.4%)	0.5%	$10.36	-19.7%	CS	422347104
HCSG	Healthcare Services Group Inc	172,634 (+6.6%)	$3,301 (+21.1%)	1.4%	$13.52	+33.0%	CS	421906108
INVX	Innovex International Inc	143,490 (+2.7%)	$3,138 (+21.2%)	1.3%	$15.59	+33.9%	CS	457651107
CUZ	Cousins Properties Inc	45,601 (+104.3%)	$1,176 (+82.0%)	0.5%	$26.64	—	CS	222795502
—	Capri Holdings Ltd	80,970 (+9.9%)	$1,976 (+34.6%)	0.8%	$20.32	—	CS	g1890l107
STBA	S&T Bancorp Inc	47,830 (+30.3%)	$1,882 (+36.4%)	0.8%	$34.44	+12.1%	CS	783859101
MKSI	MKS Inc	12,090 (+3.2%)	$1,932 (+33.3%)	0.8%	$92.75	+59.8%	CS	55306N104
WGO	Winnebago Industries Inc	38,781 (+13.5%)	$1,571 (+37.5%)	0.7%	$39.36	-7.3%	CS	974637100
WCC	Wesco International Inc	10,230 (+3.2%)	$2,503 (+19.4%)	1.1%	$173.11	+41.5%	CS	95082P105
DOV	Dover Corp	11,703 (+3.2%)	$2,285 (+20.8%)	1.0%	$179.56	+1.3%	CS	260003108
AIR	Aar Corp	23,504 (+34.1%)	$1,946 (+23.8%)	0.8%	$77.80	+6.3%	CS	000361105
AIZ	Assurant Inc	11,237 (+3.2%)	$2,706 (+14.8%)	1.2%	$181.62	+22.7%	CS	04621X108
BK	Bank of NY Mellon	32,240 (+3.2%)	$3,743 (+10.0%)	1.6%	$66.72	+65.6%	CS	064058100
EHC	Encompass Health Corp	19,763 (+3.2%)	$2,098 (-13.8%)	0.9%	$89.97	+28.6%	CS	29261A100
—	Jefferies Financial Group Inc	29,603 (+27.6%)	$1,834 (+20.9%)	0.8%	$64.67	—	CS	47233w109
WERN	Werner Enterprises Inc	54,295 (+7.8%)	$1,629 (+22.9%)	0.7%	$36.24	-24.2%	CS	950755108
AVY	Avery Dennison Corp	11,703 (+3.2%)	$2,129 (+15.7%)	0.9%	$198.80	-13.3%	CS	053611109
CTRA	Coterra Energy Inc	74,168 (+3.2%)	$1,952 (+14.8%)	0.8%	$24.24	+3.5%	CS	127097103
—	Gates Industrial Corp PLC	92,225 (+3.2%)	$1,980 (-10.7%)	0.8%	$18.80	—	CS	g39108108
PR	Permian Resources Corp	139,966 (+3.2%)	$1,964 (+13.1%)	0.8%	$14.22	-5.6%	CS	71424F105
IFF	International Flavors & Fragra	29,217 (+3.2%)	$1,969 (+13.0%)	0.8%	$90.66	-29.0%	CS	459506101
HAS	Hasbro Inc	22,707 (+3.2%)	$1,862 (+11.6%)	0.8%	$61.15	+27.6%	CS	418056107
RGA	Reinsurance Group Of America	11,160 (+3.2%)	$2,271 (+9.3%)	1.0%	$209.42	-7.7%	CS	759351604
PB	Prosperity Bancshares Inc	36,115 (+3.2%)	$2,496 (+7.5%)	1.1%	$68.01	-1.4%	CS	743606105
PHM	PulteGroup Inc	15,190 (+3.2%)	$1,781 (-8.4%)	0.8%	$120.83	+1.3%	CS	745867101
BWA	BorgWarner Inc	61,846 (+3.2%)	$2,787 (+5.8%)	1.2%	$32.64	+33.9%	CS	099724106
HIG	Hartford Insurance Group Inc	17,825 (+3.1%)	$2,456 (+6.5%)	1.0%	$108.79	+20.9%	CS	416515104
BRC	Brady Corp	33,846 (+5.5%)	$2,653 (+5.9%)	1.1%	$63.18	+22.1%	CS	104674106
RF	Regions Financial Corp	92,148 (+3.2%)	$2,497 (+6.1%)	1.1%	$21.33	+18.9%	CS	7591EP100
LAD	Lithia Motors Inc-Cl A	5,425 (+3.2%)	$1,803 (+8.5%)	0.8%	$343.75	-7.6%	CS	536797103
DGX	Quest Diagnostics Inc	12,478 (+3.2%)	$2,165 (-6.1%)	0.9%	$148.66	+22.5%	CS	74834L100
WRB	WR Berkley Corp	33,170 (+3.2%)	$2,326 (-5.6%)	1.0%	$55.46	+31.2%	CS	084423102
CPB	Campbell's Company/The	47,973 (+3.2%)	$1,337 (-8.9%)	0.6%	$36.89	-18.5%	CS	134429109
ARW	Arrow Electronics Inc	17,825 (+3.2%)	$1,964 (-6.1%)	0.8%	$123.10	-7.7%	CS	042735100
STAG	Stag Industrial Inc	48,361 (+3.1%)	$1,778 (+7.4%)	0.8%	$38.75	—	CS	85254J102
XEL	Xcel Energy Inc	26,737 (+3.2%)	$1,975 (-5.5%)	0.8%	$58.63	+33.5%	CS	98389B100
CBRE	CBRE Group Inc	13,020 (+3.2%)	$2,093 (+5.3%)	0.9%	$111.43	+41.1%	CS	12504L109
OGE	OGE Energy Corp	45,803 (+3.2%)	$1,956 (-4.8%)	0.8%	$39.31	+13.5%	CS	670837103
RSG	Republic Services Inc	8,370 (+3.2%)	$1,774 (-4.7%)	0.8%	$204.38	+5.0%	CS	760759100
RJF	Raymond James Financial Inc	12,322 (+3.2%)	$1,979 (-4.0%)	0.8%	$118.06	+36.3%	CS	754730109
EMN	Eastman Chemical Co	28,056 (+3.2%)	$1,791 (+4.5%)	0.8%	$73.92	-17.5%	CS	277432100
BKR	Baker Hughes Co	45,880 (+3.2%)	$2,089 (-3.5%)	0.9%	$35.80	+32.2%	CS	05722G100
AVB	Avalonbay Communities Inc	11,083 (+3.2%)	$2,009 (-3.1%)	0.9%	$201.90	-11.0%	CS	053484101
ATKR	Atkore Inc	18,921 (+4.4%)	$1,197 (+5.2%)	0.5%	$63.72	+1.5%	CS	047649108
GPN	Global Payments Inc	18,445 (+3.2%)	$1,428 (-3.9%)	0.6%	$100.59	-20.2%	CS	37940X102
BR	Broadridge Financial Solutions	7,595 (+3.3%)	$1,695 (-3.2%)	0.7%	$207.63	+9.5%	CS	11133T103
REG	Regency Centers Corp	31,542 (+3.2%)	$2,177 (-2.3%)	0.9%	$66.58	+4.4%	CS	758849103
MCHP	Microchip Technology Inc	30,535 (+3.2%)	$1,946 (+2.4%)	0.8%	$62.31	-1.5%	CS	595017104
OMC	Omnicom Group	25,498 (+3.2%)	$2,059 (+2.2%)	0.9%	$85.80	-11.7%	CS	681919106
CNP	Centerpoint Energy Inc	53,475 (+3.2%)	$2,050 (+2.0%)	0.9%	$27.58	+40.9%	CS	15189T107
SSNC	SS&C Technologies Holdings	28,830 (+3.1%)	$2,520 (+1.6%)	1.1%	$71.99	+18.4%	CS	78467J100
LKQ	LKQ Corp	57,117 (+3.2%)	$1,725 (+2.0%)	0.7%	$32.29	-7.1%	CS	501889208
AEE	Ameren Corp	25,807 (+3.1%)	$2,577 (-1.3%)	1.1%	$78.97	+29.1%	CS	023608102
ATO	Atmos Energy Corp	13,873 (+3.2%)	$2,326 (+1.3%)	1.0%	$127.86	+34.8%	CS	049560105
TTWO	Take-Two Interactive Software	5,270 (+3.2%)	$1,349 (+2.3%)	0.6%	$158.91	+56.9%	CS	874054109
USFD	US Foods Holding Corp	26,273 (+3.2%)	$1,979 (+1.4%)	0.8%	$57.61	+30.4%	CS	912008109
AMP	Ameriprise Financial Inc	1,860 (+3.2%)	$912 (+3.0%)	0.4%	$434.21	+9.1%	CS	03076C106
ZBH	Zimmer Biomet Holdings Inc	19,528 (+11.2%)	$1,756 (+1.5%)	0.7%	$105.49	-10.3%	CS	98956P102
LHX	L3Harris Technologies Inc	9,145 (+3.2%)	$2,685 (-0.8%)	1.1%	$225.00	+28.2%	CS	502431109
RRX	Regal Rexnord Corp	13,873 (+3.2%)	$1,947 (+0.9%)	0.8%	$148.06	-3.9%	CS	758750103
AGCO	AGCO Corp	17,748 (+3.2%)	$1,851 (+0.5%)	0.8%	$95.71	+10.7%	CS	001084102
BJ	BJ's Wholesale Club Holdings	18,988 (+3.2%)	$1,709 (-0.4%)	0.7%	$87.82	+4.5%	CS	05550J101
—	ITT Inc	12,168 (+3.3%)	$2,111 (+0.3%)	0.9%	$150.07	—	CS	45073v108

Exited Positions (8)

VC Visteon Corp 1.8%

Value ($000) $4,256 Shares 35,508 Est. Cost $117.24 Unrealized -9.8%

PRGO Perrigo Co plc 0.7%

Value ($000) $1,631 Shares 73,246 Est. Cost $26.70 Unrealized -37.6%

WY Weyerhaeuser Co 0.7%

Value ($000) $1,624 Shares 65,494 Est. Cost $29.15 Unrealized -21.1%

FHI Federated Hermes Inc 0.7%

Value ($000) $1,620 Shares 31,201 Est. Cost $37.12 Unrealized +35.6%

AVTR Avantor Inc 0.5%

Value ($000) $1,153 Shares 92,349 Est. Cost $12.88 Unrealized -4.5%

COLM Columbia Sportswear Co 0.4%

Value ($000) $1,018 Shares 19,462 Est. Cost $74.22 Unrealized -28.3%

CSL Carlisle Cos Inc 0.4%

Value ($000) $988 Shares 3,003 Est. Cost $378.29 Unrealized -14.7%

SLGN Silgan Holdings Inc 0.2%

Value ($000) $466 Shares 10,846 Est. Cost $47.32 Unrealized -14.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VC	Visteon Corp	35,508	$4,256	1.8%	$117.24	-9.8%	—	92839U206
PRGO	Perrigo Co plc	73,246	$1,631	0.7%	$26.70	-37.6%	—	G97822103
WY	Weyerhaeuser Co	65,494	$1,624	0.7%	$29.15	-21.1%	—	962166104
FHI	Federated Hermes Inc	31,201	$1,620	0.7%	$37.12	+35.6%	—	314211103
AVTR	Avantor Inc	92,349	$1,153	0.5%	$12.88	-4.5%	—	05352A100
COLM	Columbia Sportswear Co	19,462	$1,018	0.4%	$74.22	-28.3%	—	198516106
CSL	Carlisle Cos Inc	3,003	$988	0.4%	$378.29	-14.7%	—	142339100
SLGN	Silgan Holdings Inc	10,846	$466	0.2%	$47.32	-14.2%	—	827048109

Decreased Positions (36)

ESE ESCO Technologies 0.2%

Value ($000) $574 (-87.5%) Shares 2,939 (-86.5%) Est. Cost $124.97 Unrealized +68.6%

LFUS Littelfuse Inc 1.6%

Value ($000) $3,775 (-48.3%) Shares 14,925 (-47.1%) Est. Cost $223.71 Unrealized +13.8%

ASTE Astec Industries Inc 0.5%

Value ($000) $1,095 (-73.8%) Shares 25,266 (-70.9%) Est. Cost $37.69 Unrealized +20.9%

MBUU Malibu Boats Inc 0.2%

Value ($000) $468 (-85.6%) Shares 16,586 (-83.5%) Est. Cost $34.89 Unrealized -16.9%

JOUT Johnson Outdoors Inc 0.6%

Value ($000) $1,507 (-63.1%) Shares 35,491 (-64.9%) Est. Cost $40.20 Unrealized +3.0%

KWR Quaker Chemical Corp 0.8%

Value ($000) $1,936 (-53.1%) Shares 14,103 (-55.0%) Est. Cost $122.82 Unrealized +9.9%

INDB Independent Bank Corp 0.7%

Value ($000) $1,675 (-55.7%) Shares 22,916 (-58.1%) Est. Cost $57.93 Unrealized +21.7%

PRG PROG Holdings 0.2%

Value ($000) $412 (-83.5%) Shares 13,984 (-81.9%) Est. Cost $30.90 Unrealized -3.8%

VRRM Verra Mobility Corp 0.3%

Value ($000) $790 (-72.0%) Shares 35,256 (-69.1%) Est. Cost $23.93 Unrealized -4.6%

MMS Maximus Inc 0.7%

Value ($000) $1,704 (-51.2%) Shares 19,743 (-48.3%) Est. Cost $77.91 Unrealized +9.7%

SMP Standard Motor Products Inc 0.2%

Value ($000) $429 (-79.6%) Shares 11,634 (-77.4%) Est. Cost $35.46 Unrealized +8.2%

RUSHA Rush Enterprises Inc 0.3%

Value ($000) $730 (-69.4%) Shares 13,531 (-69.6%) Est. Cost $52.32 Unrealized -0.7%

— Douglas Dynamics Inc 0.2%

Value ($000) $450 (-77.6%) Shares 13,770 (-78.6%) Est. Cost $26.72 Unrealized —

VSH Vishay Intertechnology Inc 0.1%

Value ($000) $322 (-81.9%) Shares 22,211 (-80.9%) Est. Cost $16.59 Unrealized -9.1%

CATY Cathay General Bancorp 0.8%

Value ($000) $1,922 (-41.4%) Shares 39,721 (-41.9%) Est. Cost $41.25 Unrealized +16.1%

THFF First Financial Corp 0.8%

Value ($000) $1,846 (-41.3%) Shares 30,555 (-45.2%) Est. Cost $43.27 Unrealized +31.9%

PZZA Papa Johns Intl Inc 0.2%

Value ($000) $448 (-72.5%) Shares 11,634 (-65.7%) Est. Cost $42.70 Unrealized +1.4%

WKC World Kinect Corp 0.3%

Value ($000) $680 (-61.3%) Shares 29,027 (-57.2%) Est. Cost $26.64 Unrealized -7.5%

AEIS Advanced Energy Inds 1.7%

Value ($000) $3,937 (-18.0%) Shares 18,804 (-33.4%) Est. Cost $107.37 Unrealized +89.5%

SHOO Steven Madden Ltd 1.7%

Value ($000) $3,983 (+22.6%) Shares 95,660 (-1.4%) Est. Cost $23.05 Unrealized +66.7%

GSBC Great Southern Bancorp Inc 0.7%

Value ($000) $1,599 (-30.0%) Shares 25,972 (-30.4%) Est. Cost $57.36 Unrealized +4.8%

COHU Cohu Inc 0.9%

Value ($000) $2,029 (-21.6%) Shares 87,199 (-31.5%) Est. Cost $21.01 Unrealized +9.1%

BELFB Bel Fuse Inc Cl B 1.7%

Value ($000) $3,987 (-12.3%) Shares 23,504 (-27.1%) Est. Cost $72.30 Unrealized +116.0%

SYNA Synaptics Inc 0.5%

Value ($000) $1,148 (-30.6%) Shares 15,513 (-35.9%) Est. Cost $68.01 Unrealized +3.3%

DHIL Diamond Hill Investment Group 0.3%

Value ($000) $758 (-39.3%) Shares 4,470 (-49.9%) Est. Cost $129.58 Unrealized +4.2%

SFNC Simmons First National Corp 0.2%

Value ($000) $568 (-44.0%) Shares 30,133 (-43.0%) Est. Cost $19.98 Unrealized -7.3%

MTX Minerals Technologies Inc 0.4%

Value ($000) $938 (-25.2%) Shares 15,395 (-23.8%) Est. Cost $77.99 Unrealized -24.2%

ALG Alamo Group Inc 0.5%

Value ($000) $1,085 (-21.9%) Shares 6,465 (-11.2%) Est. Cost $184.75 Unrealized -5.9%

BNL Broadstone Net Lease 1.1%

Value ($000) $2,627 (-9.3%) Shares 151,246 (-6.7%) Est. Cost $17.16 Unrealized —

CSGS CSG Systems International Inc 0.6%

Value ($000) $1,496 (-12.1%) Shares 19,508 (-26.2%) Est. Cost $44.01 Unrealized +67.0%

HLIT Harmonic Inc 0.3%

Value ($000) $695 (-21.7%) Shares 70,275 (-19.4%) Est. Cost $11.73 Unrealized -14.1%

WHD Cactus Inc 0.8%

Value ($000) $1,954 (+9.3%) Shares 42,778 (-5.6%) Est. Cost $41.74 Unrealized +0.2%

YETI Yeti Holdings Inc 1.5%

Value ($000) $3,442 (-3.6%) Shares 77,915 (-27.6%) Est. Cost $31.43 Unrealized +22.4%

— QCR Holdings Inc 1.3%

Value ($000) $3,025 (-2.8%) Shares 36,314 (-11.8%) Est. Cost $60.68 Unrealized —

SRCE 1st Source Corp 0.9%

Value ($000) $2,042 (-2.5%) Shares 32,670 (-4.0%) Est. Cost $49.15 Unrealized —

FULT Fulton Financial Corp 0.6%

Value ($000) $1,497 (-1.3%) Shares 77,444 (-4.9%) Est. Cost $18.23 Unrealized -0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ESE	ESCO Technologies	2,939 (-86.5%)	$574 (-87.5%)	0.2%	$124.97	+68.6%	CS	296315104
LFUS	Littelfuse Inc	14,925 (-47.1%)	$3,775 (-48.3%)	1.6%	$223.71	+13.8%	CS	537008104
ASTE	Astec Industries Inc	25,266 (-70.9%)	$1,095 (-73.8%)	0.5%	$37.69	+20.9%	CS	046224101
MBUU	Malibu Boats Inc	16,586 (-83.5%)	$468 (-85.6%)	0.2%	$34.89	-16.9%	CS	56117J100
JOUT	Johnson Outdoors Inc	35,491 (-64.9%)	$1,507 (-63.1%)	0.6%	$40.20	+3.0%	CS	479167108
KWR	Quaker Chemical Corp	14,103 (-55.0%)	$1,936 (-53.1%)	0.8%	$122.82	+9.9%	CS	747316107
INDB	Independent Bank Corp	22,916 (-58.1%)	$1,675 (-55.7%)	0.7%	$57.93	+21.7%	CS	453836108
PRG	PROG Holdings	13,984 (-81.9%)	$412 (-83.5%)	0.2%	$30.90	-3.8%	CS	74319R101
VRRM	Verra Mobility Corp	35,256 (-69.1%)	$790 (-72.0%)	0.3%	$23.93	-4.6%	CS	92511U102
MMS	Maximus Inc	19,743 (-48.3%)	$1,704 (-51.2%)	0.7%	$77.91	+9.7%	CS	577933104
SMP	Standard Motor Products Inc	11,634 (-77.4%)	$429 (-79.6%)	0.2%	$35.46	+8.2%	CS	853666105
RUSHA	Rush Enterprises Inc	13,531 (-69.6%)	$730 (-69.4%)	0.3%	$52.32	-0.7%	CS	781846209
—	Douglas Dynamics Inc	13,770 (-78.6%)	$450 (-77.6%)	0.2%	$26.72	—	CS	25960r105
VSH	Vishay Intertechnology Inc	22,211 (-80.9%)	$322 (-81.9%)	0.1%	$16.59	-9.1%	CS	928298108
CATY	Cathay General Bancorp	39,721 (-41.9%)	$1,922 (-41.4%)	0.8%	$41.25	+16.1%	CS	149150104
THFF	First Financial Corp	30,555 (-45.2%)	$1,846 (-41.3%)	0.8%	$43.27	+31.9%	CS	320218100
PZZA	Papa Johns Intl Inc	11,634 (-65.7%)	$448 (-72.5%)	0.2%	$42.70	+1.4%	CS	698813102
WKC	World Kinect Corp	29,027 (-57.2%)	$680 (-61.3%)	0.3%	$26.64	-7.5%	CS	981475106
AEIS	Advanced Energy Inds	18,804 (-33.4%)	$3,937 (-18.0%)	1.7%	$107.37	+89.5%	CS	007973100
SHOO	Steven Madden Ltd	95,660 (-1.4%)	$3,983 (+22.6%)	1.7%	$23.05	+66.7%	CS	556269108
GSBC	Great Southern Bancorp Inc	25,972 (-30.4%)	$1,599 (-30.0%)	0.7%	$57.36	+4.8%	CS	390905107
COHU	Cohu Inc	87,199 (-31.5%)	$2,029 (-21.6%)	0.9%	$21.01	+9.1%	CS	192576106
BELFB	Bel Fuse Inc Cl B	23,504 (-27.1%)	$3,987 (-12.3%)	1.7%	$72.30	+116.0%	CS	077347300
SYNA	Synaptics Inc	15,513 (-35.9%)	$1,148 (-30.6%)	0.5%	$68.01	+3.3%	CS	87157D109
DHIL	Diamond Hill Investment Group	4,470 (-49.9%)	$758 (-39.3%)	0.3%	$129.58	+4.2%	CS	25264R207
SFNC	Simmons First National Corp	30,133 (-43.0%)	$568 (-44.0%)	0.2%	$19.98	-7.3%	CS	828730200
MTX	Minerals Technologies Inc	15,395 (-23.8%)	$938 (-25.2%)	0.4%	$77.99	-24.2%	CS	603158106
ALG	Alamo Group Inc	6,465 (-11.2%)	$1,085 (-21.9%)	0.5%	$184.75	-5.9%	CS	011311107
BNL	Broadstone Net Lease	151,246 (-6.7%)	$2,627 (-9.3%)	1.1%	$17.16	—	CS	11135E203
CSGS	CSG Systems International Inc	19,508 (-26.2%)	$1,496 (-12.1%)	0.6%	$44.01	+67.0%	CS	126349109
HLIT	Harmonic Inc	70,275 (-19.4%)	$695 (-21.7%)	0.3%	$11.73	-14.1%	CS	413160102
WHD	Cactus Inc	42,778 (-5.6%)	$1,954 (+9.3%)	0.8%	$41.74	+0.2%	CS	127203107
YETI	Yeti Holdings Inc	77,915 (-27.6%)	$3,442 (-3.6%)	1.5%	$31.43	+22.4%	CS	98585X104
—	QCR Holdings Inc	36,314 (-11.8%)	$3,025 (-2.8%)	1.3%	$60.68	—	CS	74727a104
SRCE	1st Source Corp	32,670 (-4.0%)	$2,042 (-2.5%)	0.9%	$49.15	—	CS	336901103
FULT	Fulton Financial Corp	77,444 (-4.9%)	$1,497 (-1.3%)	0.6%	$18.23	-0.0%	CS	360271100

Unchanged Positions (2)

CNMD Conmed Corp 0.3%

Value ($000) $702 Shares 17,301 Est. Cost $69.22 Unrealized -37.2%

SCL Stepan Co 0.6%

Value ($000) $1,380 Shares 29,144 Est. Cost $66.28 Unrealized -30.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CNMD	Conmed Corp	17,301	$702	0.3%	$69.22	-37.2%	CS	207410101
SCL	Stepan Co	29,144	$1,380	0.6%	$66.28	-30.9%	CS	858586100