Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NUAI	NEW ERA ENERGY & DIGITAL INC	496,256	$3.166M	0.9%	$6.38	—	COM	64428N109
SGHC	SUPER GROUP SGHC LIMITED	211,740	$2.869M	0.8%	$13.55	—	ORD SHS	G8588X103
PTRN	PATTERN GROUP INC	77,109	$1.942M	0.6%	$25.19	—	COM SER A	70339W104
GXO	GXO LOGISTICS INCORPORATED	35,223	$1.786M	0.5%	$50.70	—	COMMON STOCK	36262G101
SNDX	SYNDAX PHARMACEUTICALS INC	66,997	$1.465M	0.4%	$21.86	—	COM	87164F105
AMLX	AMYLYX PHARMACEUTICALS INC	79,751	$1.432M	0.4%	$17.96	—	COM	03237H101
TFX	TELEFLEX INCORPORATED	3,035	$385K	0.1%	$126.76	—	COM	879369106
APC	ARKO PETE CORP	19,772	$373K	0.1%	$18.85	—	CL A COM	04124A100
AMD	ADVANCED MICRO DEVICES INC	608	$353K	0.1%	$580.91	—	COM	007903107
PTHS	PELTHOS THERAPEUTICS ORD	10,380	$293K	0.1%	$28.26	—	COM SHS	171126204
PAL	PROFICIENT AUTO LOGISTICS IN	35,572	$242K	0.1%	$6.81	—	COM	74317M104
IWO	ISHARES TR	523	$206K	0.1%	$393.96	—	RUS 2000 GRW ETF	464287648
IGIC	INTL GNRL INSURANCE HLDNGS L	7,863	$206K	0.1%	$26.17	—	SHS	G4809J106

Increased Positions (21)

ALHC ALIGNMENT HEALTHCARE INC 3.4%

Value $11.6M (+103.3%) Shares 487,369 (+50.4%) Est. Cost $17.82 Unrealized —

LNTH LANTHEUS HLDGS INC 2.1%

Value $7.26M (+249.0%) Shares 65,439 (+138.6%) Est. Cost $93.13 Unrealized —

ADPT ADAPTIVE BIOTECHNOLOGIES COR 2.4%

Value $8.212M (+110.5%) Shares 382,840 (+36.2%) Est. Cost $18.02 Unrealized —

AXSM AXSOME THERAPEUTICS INC. 2.1%

Value $7.173M (+128.3%) Shares 29,307 (+57.6%) Est. Cost $159.44 Unrealized —

CPA COPA HOLDINGS SA 2.6%

Value $8.947M (+46.5%) Shares 57,508 (+7.0%) Est. Cost $64.03 Unrealized —

JEF JEFFERIES FINANCIAL GROUP IN 2.0%

Value $6.832M (+53.6%) Shares 136,701 (+26.8%) Est. Cost $44.95 Unrealized —

SHIM SHIMMICK CORPORATION 0.8%

Value $2.76M (+401.9%) Shares 603,878 (+303.1%) Est. Cost $4.83 Unrealized —

TCBX THIRD COAST BANCSHARES INC 2.1%

Value $7.038M (+40.1%) Shares 174,205 (+31.2%) Est. Cost $37.73 Unrealized —

BROS DUTCH BROS INC 0.7%

Value $2.358M (+139.2%) Shares 32,838 (+68.8%) Est. Cost $62.92 Unrealized —

QTWO Q2 HLDGS INC 0.5%

Value $1.531M (+226.7%) Shares 31,839 (+221.3%) Est. Cost $54.50 Unrealized —

VKTX VIKING THERAPEUTICS INC 0.6%

Value $2.174M (+62.2%) Shares 55,723 (+35.3%) Est. Cost $33.54 Unrealized —

FENC FENNEC PHARMACEUTICALS INC 0.2%

Value $700K (+124.6%) Shares 65,149 (+28.5%) Est. Cost $8.68 Unrealized —

METC RAMACO RES INC 0.1%

Value $453K (+86.9%) Shares 34,255 (+118.4%) Est. Cost $18.45 Unrealized —

LAZ LAZARD INC 0.1%

Value $446K (+61.9%) Shares 10,639 (+64.0%) Est. Cost $47.21 Unrealized —

COLM COLUMBIA SPORTSWEAR CO 0.1%

Value $371K (+68.5%) Shares 5,995 (+49.4%) Est. Cost $59.34 Unrealized —

DX DYNEX CAP INC 0.1%

Value $442K (+31.8%) Shares 33,714 (+28.3%) Est. Cost $12.44 Unrealized —

ARLO ARLO TECHNOLOGIES INC 0.8%

Value $2.563M (+3.5%) Shares 190,114 (+9.2%) Est. Cost $12.92 Unrealized —

OXM OXFORD INDS INC 0.1%

Value $328K (+20.8%) Shares 9,413 (+33.4%) Est. Cost $37.66 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 0.1%

Value $390K (+6.9%) Shares 4,932 (+7.2%) Est. Cost $79.39 Unrealized —

IGSB ISHARES TR 0.2%

Value $544K (+3.0%) Shares 10,381 (+3.3%) Est. Cost $50.98 Unrealized —

MMS MAXIMUS INC 0.1%

Value $397K (+1.0%) Shares 7,380 (+20.4%) Est. Cost $79.03 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ALHC	ALIGNMENT HEALTHCARE INC	487,369 (+50.4%)	$11.6M (+103.3%)	3.4%	$17.82	—	COM	01625V104
LNTH	LANTHEUS HLDGS INC	65,439 (+138.6%)	$7.26M (+249.0%)	2.1%	$93.13	—	COM	516544103
ADPT	ADAPTIVE BIOTECHNOLOGIES COR	382,840 (+36.2%)	$8.212M (+110.5%)	2.4%	$18.02	—	COM	00650F109
AXSM	AXSOME THERAPEUTICS INC.	29,307 (+57.6%)	$7.173M (+128.3%)	2.1%	$159.44	—	COM	05464T104
CPA	COPA HOLDINGS SA	57,508 (+7.0%)	$8.947M (+46.5%)	2.6%	$64.03	—	CL A	P31076105
JEF	JEFFERIES FINANCIAL GROUP IN	136,701 (+26.8%)	$6.832M (+53.6%)	2.0%	$44.95	—	COM	47233W109
SHIM	SHIMMICK CORPORATION	603,878 (+303.1%)	$2.76M (+401.9%)	0.8%	$4.83	—	COM	82455M109
TCBX	THIRD COAST BANCSHARES INC	174,205 (+31.2%)	$7.038M (+40.1%)	2.1%	$37.73	—	COM	88422P109
BROS	DUTCH BROS INC	32,838 (+68.8%)	$2.358M (+139.2%)	0.7%	$62.92	—	CL A	26701L100
QTWO	Q2 HLDGS INC	31,839 (+221.3%)	$1.531M (+226.7%)	0.5%	$54.50	—	COM	74736L109
VKTX	VIKING THERAPEUTICS INC	55,723 (+35.3%)	$2.174M (+62.2%)	0.6%	$33.54	—	COM	92686J106
FENC	FENNEC PHARMACEUTICALS INC	65,149 (+28.5%)	$700K (+124.6%)	0.2%	$8.68	—	COM	31447P100
METC	RAMACO RES INC	34,255 (+118.4%)	$453K (+86.9%)	0.1%	$18.45	—	COM CL A	75134P600
LAZ	LAZARD INC	10,639 (+64.0%)	$446K (+61.9%)	0.1%	$47.21	—	COM	52110M109
COLM	COLUMBIA SPORTSWEAR CO	5,995 (+49.4%)	$371K (+68.5%)	0.1%	$59.34	—	COM	198516106
DX	DYNEX CAP INC	33,714 (+28.3%)	$442K (+31.8%)	0.1%	$12.44	—	COM	26817Q886
ARLO	ARLO TECHNOLOGIES INC	190,114 (+9.2%)	$2.563M (+3.5%)	0.8%	$12.92	—	COM	04206A101
OXM	OXFORD INDS INC	9,413 (+33.4%)	$328K (+20.8%)	0.1%	$37.66	—	COM	691497309
VCSH	VANGUARD SCOTTSDALE FDS	4,932 (+7.2%)	$390K (+6.9%)	0.1%	$79.39	—	SHRT TRM CORP BD	92206C409
IGSB	ISHARES TR	10,381 (+3.3%)	$544K (+3.0%)	0.2%	$50.98	—	ISHS 1-5YR INVS	464288646
MMS	MAXIMUS INC	7,380 (+20.4%)	$397K (+1.0%)	0.1%	$79.03	—	COM	577933104

Exited Positions (10)

PR PERMIAN RESOURCES CORP 1.1%

Value $3.704M Shares 173,765 Est. Cost $13.65 Unrealized —

SRAD SPORTRADAR GROUP AG 0.6%

Value $1.953M Shares 116,658 Est. Cost $20.66 Unrealized —

PAYO PAYONEER GLOBAL INC 0.6%

Value $1.867M Shares 386,452 Est. Cost $7.49 Unrealized —

QUIK QUICKLOGIC CORP 0.4%

Value $1.442M Shares 153,772 Est. Cost $7.51 Unrealized —

CAKE CHEESECAKE FACTORY INC 0.3%

Value $1.092M Shares 19,941 Est. Cost $39.20 Unrealized —

CZR CAESARS ENTERTAINMENT INC NE 0.3%

Value $1.02M Shares 38,599 Est. Cost $22.01 Unrealized —

ADMA ADMA BIOLOGICS INC 0.3%

Value $1.02M Shares 113,155 Est. Cost $18.07 Unrealized —

XRN CHIRON REAL ESTATE INC 0.1%

Value $357K Shares 10,784 Est. Cost $33.55 Unrealized —

SPIB SPDR SERIES TRUST 0.1%

Value $276K Shares 8,234 Est. Cost $35.03 Unrealized —

BWXT BWX TECHNOLOGIES INC 0.1%

Value $204K Shares 1,000 Est. Cost $202.99 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PR	PERMIAN RESOURCES CORP	173,765	$3.704M	1.1%	$13.65	—	—	71424F105
SRAD	SPORTRADAR GROUP AG	116,658	$1.953M	0.6%	$20.66	—	—	H8088L103
PAYO	PAYONEER GLOBAL INC	386,452	$1.867M	0.6%	$7.49	—	—	70451X104
QUIK	QUICKLOGIC CORP	153,772	$1.442M	0.4%	$7.51	—	—	74837P405
CAKE	CHEESECAKE FACTORY INC	19,941	$1.092M	0.3%	$39.20	—	—	163072101
CZR	CAESARS ENTERTAINMENT INC NE	38,599	$1.02M	0.3%	$22.01	—	—	12769G100
ADMA	ADMA BIOLOGICS INC	113,155	$1.02M	0.3%	$18.07	—	—	000899104
XRN	CHIRON REAL ESTATE INC	10,784	$357K	0.1%	$33.55	—	—	37954A303
SPIB	SPDR SERIES TRUST	8,234	$276K	0.1%	$35.03	—	—	78464A375
BWXT	BWX TECHNOLOGIES INC	1,000	$204K	0.1%	$202.99	—	—	05605H100

Decreased Positions (80)

MXL MAXLINEAR INC 5.1%

Value $17.43M (+216.4%) Shares 136,174 (-57.0%) Est. Cost $16.04 Unrealized —

CRS CARPENTER TECHNOLOGY CORP 5.0%

Value $16.92M (+47.1%) Shares 27,425 (-6.0%) Est. Cost $48.88 Unrealized —

STRL STERLING INFRASTRUCTURE INC 2.7%

Value $9.118M (+90.9%) Shares 10,863 (-7.4%) Est. Cost $44.96 Unrealized —

ASTH ASTRANA HEALTH INC 2.0%

Value $6.773M (+79.7%) Shares 145,946 (-5.0%) Est. Cost $26.56 Unrealized —

KALU KAISER ALUMINIUM CORPORATION 2.3%

Value $7.627M (+45.6%) Shares 38,985 (-10.3%) Est. Cost $90.89 Unrealized —

ICHR ICHOR HOLDINGS 1.5%

Value $5.238M (+79.4%) Shares 46,655 (-25.5%) Est. Cost $34.88 Unrealized —

IWM ISHARES TR 0.5%

Value $1.64M (-58.1%) Shares 5,457 (-65.4%) Est. Cost $248.00 Unrealized —

ATI ATI INC 2.4%

Value $8.093M (+32.9%) Shares 41,060 (-1.9%) Est. Cost $71.46 Unrealized —

MGNI MAGNITE INC 1.8%

Value $6.031M (+49.1%) Shares 317,750 (-6.7%) Est. Cost $10.33 Unrealized —

NPKI NPK INTERNATIONAL INC 0.2%

Value $583K (-77.2%) Shares 36,615 (-79.2%) Est. Cost $7.51 Unrealized —

AMKR AMKOR TECHNOLOGY INC 1.1%

Value $3.775M (+70.1%) Shares 43,781 (-11.2%) Est. Cost $21.78 Unrealized —

PRIM PRIMORIS SVCS CORP 0.7%

Value $2.357M (-38.3%) Shares 23,778 (-11.0%) Est. Cost $26.01 Unrealized —

PEGA PEGASYSTEMS INC 0.8%

Value $2.759M (-34.2%) Shares 92,045 (-6.6%) Est. Cost $43.84 Unrealized —

MTH MERITAGE HOMES CORP 2.1%

Value $7.057M (+25.3%) Shares 84,158 (-7.6%) Est. Cost $71.59 Unrealized —

LITE LUMENTUM HLDGS INC 2.2%

Value $7.586M (+20.1%) Shares 8,841 (-1.6%) Est. Cost $70.96 Unrealized —

KURA KURA ONCOLOGY INC 1.5%

Value $5.125M (+29.7%) Shares 467,153 (-3.9%) Est. Cost $12.45 Unrealized —

INR INFINITY NAT RES INC 0.6%

Value $1.969M (-35.5%) Shares 155,074 (-10.5%) Est. Cost $17.05 Unrealized —

SN SHARKNINJA INC 0.3%

Value $1.028M (-48.6%) Shares 6,749 (-64.2%) Est. Cost $63.20 Unrealized —

INDI INDIE SEMICONDUCTOR INC 1.1%

Value $3.566M (+37.3%) Shares 794,104 (-1.6%) Est. Cost $3.58 Unrealized —

ZETA ZETA GLOBAL HOLDINGS CORP 2.2%

Value $7.498M (+14.8%) Shares 381,000 (-7.1%) Est. Cost $8.96 Unrealized —

FROG JFROG LTD 0.6%

Value $1.882M (+90.3%) Shares 20,708 (-1.8%) Est. Cost $52.97 Unrealized —

GENI GENIUS SPORTS LIMITED 1.2%

Value $4.093M (+26.7%) Shares 675,443 (-7.4%) Est. Cost $6.34 Unrealized —

MHO M/I HOMES INC 1.0%

Value $3.482M (+29.1%) Shares 21,656 (-1.7%) Est. Cost $122.10 Unrealized —

SF STIFEL FINL CORP 1.5%

Value $5.203M (-13.0%) Shares 74,579 (-7.8%) Est. Cost $84.88 Unrealized —

AAOI APPLIED OPTOELECTRONICS INC 3.3%

Value $11.32M (+6.9%) Shares 76,405 (-38.9%) Est. Cost $29.86 Unrealized —

MNKD MANNKIND CORP 0.6%

Value $2.052M (+52.4%) Shares 481,722 (-12.4%) Est. Cost $4.11 Unrealized —

GVA GRANITE CONSTR INC 1.3%

Value $4.528M (+17.0%) Shares 28,645 (-11.2%) Est. Cost $48.58 Unrealized —

AIOT POWERFLEET INC 1.3%

Value $4.441M (+16.5%) Shares 1,159,473 (-6.3%) Est. Cost $5.28 Unrealized —

HNGE HINGE HEALTH INC 0.6%

Value $1.919M (+43.9%) Shares 23,117 (-33.1%) Est. Cost $40.59 Unrealized —

GSM FERROGLOBE PLC 0.5%

Value $1.631M (-23.8%) Shares 512,795 (-1.3%) Est. Cost $4.32 Unrealized —

PLOW DOUGLAS DYNAMICS INC 1.3%

Value $4.24M (+13.6%) Shares 78,593 (-11.4%) Est. Cost $30.26 Unrealized —

NVGS NAVIGATOR HLDGS LTD 0.9%

Value $2.957M (-14.1%) Shares 158,744 (-10.8%) Est. Cost $14.82 Unrealized —

NOVT NOVANTA INC 0.5%

Value $1.675M (+35.2%) Shares 10,324 (-1.6%) Est. Cost $113.88 Unrealized —

CE CELANESE CORP DEL 0.3%

Value $925K (-31.3%) Shares 20,113 (-1.7%) Est. Cost $49.52 Unrealized —

GLOB GLOBANT S A 0.2%

Value $673K (-38.3%) Shares 23,258 (-1.7%) Est. Cost $62.86 Unrealized —

DT DYNATRACE INC 0.9%

Value $2.913M (+16.7%) Shares 66,331 (-1.7%) Est. Cost $44.13 Unrealized —

DNLI DENALI THERAPEUTICS INC 0.5%

Value $1.707M (+31.9%) Shares 66,368 (-1.6%) Est. Cost $16.88 Unrealized —

CRL CHARLES RIV LABS INTL INC 0.5%

Value $1.756M (+29.2%) Shares 7,741 (-1.7%) Est. Cost $185.10 Unrealized —

AIR AAR CORP 0.5%

Value $1.77M (+28.4%) Shares 12,387 (-1.7%) Est. Cost $82.73 Unrealized —

CBT CABOT CORP 1.2%

Value $4.005M (+10.7%) Shares 44,101 (-8.2%) Est. Cost $73.23 Unrealized —

FWRG FIRST WATCH RESTAURANT GROUP 0.6%

Value $2.193M (+21.0%) Shares 170,147 (-1.6%) Est. Cost $15.97 Unrealized —

ANDE ANDERSONS INC 0.1%

Value $241K (-59.3%) Shares 3,527 (-57.3%) Est. Cost $45.65 Unrealized —

ROC RANK ONE COMPUTING CORP 0.3%

Value $944K (-25.9%) Shares 179,103 (-1.7%) Est. Cost $6.99 Unrealized —

ARQT ARCUTIS BIOTHERAPEUTICS INC 0.9%

Value $3.047M (+9.5%) Shares 116,211 (-1.6%) Est. Cost $26.85 Unrealized —

DKNG DRAFTKINGS INC NEW 0.5%

Value $1.789M (+14.2%) Shares 70,822 (-2.2%) Est. Cost $20.30 Unrealized —

ATEN A10 NETWORKS INC 0.2%

Value $804K (+31.8%) Shares 21,520 (-18.4%) Est. Cost $17.94 Unrealized —

AUB ATLANTIC UN BANKSHARES CORP 1.0%

Value $3.443M (+5.7%) Shares 81,382 (-10.7%) Est. Cost $31.97 Unrealized —

GDYN GRID DYNAMICS HLDGS INC 0.7%

Value $2.342M (-7.0%) Shares 412,258 (-6.7%) Est. Cost $9.46 Unrealized —

EMN EASTMAN CHEM CO 0.3%

Value $1.033M (-14.3%) Shares 15,429 (-2.4%) Est. Cost $72.75 Unrealized —

COHR COHERENT CORP 0.2%

Value $602K (+39.2%) Shares 1,527 (-15.9%) Est. Cost $99.69 Unrealized —

PLUG PLUG PWR INC 0.3%

Value $1.082M (+18.2%) Shares 399,362 (-1.5%) Est. Cost $1.70 Unrealized —

SOPH SOPHIA GENETICS SA 0.4%

Value $1.282M (+14.7%) Shares 222,194 (-1.6%) Est. Cost $4.57 Unrealized —

KBH KB HOME 0.9%

Value $3.2M (+5.3%) Shares 51,121 (-12.9%) Est. Cost $61.00 Unrealized —

ALM ALMONTY INDS INC 0.4%

Value $1.228M (+12.5%) Shares 74,159 (-1.6%) Est. Cost $4.80 Unrealized —

LOVE LOVESAC COMPANY 0.4%

Value $1.341M (+11.2%) Shares 80,335 (-1.6%) Est. Cost $14.06 Unrealized —

AROC ARCHROCK INC 0.1%

Value $454K (-21.7%) Shares 11,153 (-33.1%) Est. Cost $25.28 Unrealized —

OFRM ONCE UPON A FARM PBC 0.2%

Value $650K (+22.8%) Shares 31,744 (-1.9%) Est. Cost $16.35 Unrealized —

SFNC SIMMONS FIRST NATL CORP 0.9%

Value $3.183M (+3.8%) Shares 140,544 (-10.9%) Est. Cost $20.38 Unrealized —

BOOT BOOT BARN HLDGS INC 0.3%

Value $1.108M (+10.3%) Shares 6,743 (-1.7%) Est. Cost $190.69 Unrealized —

ADTN ADTRAN HOLDINGS INC 2.4%

Value $7.966M (+1.3%) Shares 573,128 (-8.3%) Est. Cost $8.35 Unrealized —

GLOO GLOO HOLDINGS INC 0.4%

Value $1.351M (-6.9%) Shares 296,979 (-1.6%) Est. Cost $7.31 Unrealized —

IMAX IMAX CORP 1.8%

Value $6.065M (-1.6%) Shares 152,146 (-6.1%) Est. Cost $17.71 Unrealized —

VENU VENU HLDG CORP 0.1%

Value $177K (-32.6%) Shares 78,178 (-1.7%) Est. Cost $13.47 Unrealized —

GOOGL ALPHABET INC 0.1%

Value $442K (+19.4%) Shares 1,236 (-4.0%) Est. Cost $174.14 Unrealized —

EEM ISHARES TR 0.2%

Value $733K (+10.6%) Shares 10,712 (-8.2%) Est. Cost $37.02 Unrealized —

META META PLATFORMS INC 0.1%

Value $261K (-10.4%) Shares 464 (-9.0%) Est. Cost $538.05 Unrealized —

BAC BANK AMERICA CORP 0.1%

Value $266K (+12.5%) Shares 4,669 (-3.8%) Est. Cost $36.84 Unrealized —

CVLG COVENANT LOGISTICS GROUP INC 0.1%

Value $271K (+12.2%) Shares 6,125 (-31.1%) Est. Cost $26.86 Unrealized —

MSFT MICROSOFT CORP 0.1%

Value $316K (-7.9%) Shares 847 (-8.6%) Est. Cost $280.59 Unrealized —

ETN EATON CORP PLC 0.1%

Value $276K (+7.4%) Shares 647 (-9.9%) Est. Cost $209.69 Unrealized —

WSBC WESBANCO INC 0.8%

Value $2.552M (+0.7%) Shares 65,373 (-11.0%) Est. Cost $32.86 Unrealized —

NVDA NVIDIA CORPORATION 0.1%

Value $266K (+3.9%) Shares 1,330 (-9.5%) Est. Cost $177.32 Unrealized —

HQY HEALTHEQUITY INC 1.4%

Value $4.652M (-0.2%) Shares 51,501 (-7.7%) Est. Cost $81.70 Unrealized —

AAPL APPLE INC 0.1%

Value $334K (+2.8%) Shares 1,154 (-9.8%) Est. Cost $268.34 Unrealized —

AMZN AMAZON COM INC 0.1%

Value $228K (+3.3%) Shares 955 (-9.7%) Est. Cost $184.17 Unrealized —

ADEA ADEIA INC 0.2%

Value $790K (+0.7%) Shares 23,981 (-26.5%) Est. Cost $13.93 Unrealized —

SHY ISHARES TR 0.1%

Value $249K (-1.6%) Shares 3,031 (-1.0%) Est. Cost $82.80 Unrealized —

VEU VANGUARD INTL EQUITY INDEX F 0.4%

Value $1.428M (+0.3%) Shares 17,047 (-10.1%) Est. Cost $58.50 Unrealized —

RSVRW RESERVOIR MEDIA INC 0.0%

Value $24,500 (+11.8%) Shares 144,544 (-1.1%) Est. Cost $1.98 Unrealized —

BA BOEING CO 0.1%

Value $255K (-0.6%) Shares 1,180 (-8.6%) Est. Cost $188.88 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MXL	MAXLINEAR INC	136,174 (-57.0%)	$17.43M (+216.4%)	5.1%	$16.04	—	COM	57776J100
CRS	CARPENTER TECHNOLOGY CORP	27,425 (-6.0%)	$16.92M (+47.1%)	5.0%	$48.88	—	COM	144285103
STRL	STERLING INFRASTRUCTURE INC	10,863 (-7.4%)	$9.118M (+90.9%)	2.7%	$44.96	—	COM	859241101
ASTH	ASTRANA HEALTH INC	145,946 (-5.0%)	$6.773M (+79.7%)	2.0%	$26.56	—	COM NEW	03763A207
KALU	KAISER ALUMINIUM CORPORATION	38,985 (-10.3%)	$7.627M (+45.6%)	2.3%	$90.89	—	COM PAR $0.01	483007704
ICHR	ICHOR HOLDINGS	46,655 (-25.5%)	$5.238M (+79.4%)	1.5%	$34.88	—	SHS	G4740B105
IWM	ISHARES TR	5,457 (-65.4%)	$1.64M (-58.1%)	0.5%	$248.00	—	RUSSELL 2000 ETF	464287655
ATI	ATI INC	41,060 (-1.9%)	$8.093M (+32.9%)	2.4%	$71.46	—	COM	01741R102
MGNI	MAGNITE INC	317,750 (-6.7%)	$6.031M (+49.1%)	1.8%	$10.33	—	COM	55955D100
NPKI	NPK INTERNATIONAL INC	36,615 (-79.2%)	$583K (-77.2%)	0.2%	$7.51	—	COM SHS	651718504
AMKR	AMKOR TECHNOLOGY INC	43,781 (-11.2%)	$3.775M (+70.1%)	1.1%	$21.78	—	COM	031652100
PRIM	PRIMORIS SVCS CORP	23,778 (-11.0%)	$2.357M (-38.3%)	0.7%	$26.01	—	COM	74164F103
PEGA	PEGASYSTEMS INC	92,045 (-6.6%)	$2.759M (-34.2%)	0.8%	$43.84	—	COM	705573103
MTH	MERITAGE HOMES CORP	84,158 (-7.6%)	$7.057M (+25.3%)	2.1%	$71.59	—	COM	59001A102
LITE	LUMENTUM HLDGS INC	8,841 (-1.6%)	$7.586M (+20.1%)	2.2%	$70.96	—	COM	55024U109
KURA	KURA ONCOLOGY INC	467,153 (-3.9%)	$5.125M (+29.7%)	1.5%	$12.45	—	COM	50127T109
INR	INFINITY NAT RES INC	155,074 (-10.5%)	$1.969M (-35.5%)	0.6%	$17.05	—	COM CL A	456941103
SN	SHARKNINJA INC	6,749 (-64.2%)	$1.028M (-48.6%)	0.3%	$63.20	—	COM SHS	G8068L108
INDI	INDIE SEMICONDUCTOR INC	794,104 (-1.6%)	$3.566M (+37.3%)	1.1%	$3.58	—	CLASS A COM	45569U101
ZETA	ZETA GLOBAL HOLDINGS CORP	381,000 (-7.1%)	$7.498M (+14.8%)	2.2%	$8.96	—	CL A	98956A105
FROG	JFROG LTD	20,708 (-1.8%)	$1.882M (+90.3%)	0.6%	$52.97	—	ORD SHS	M6191J100
GENI	GENIUS SPORTS LIMITED	675,443 (-7.4%)	$4.093M (+26.7%)	1.2%	$6.34	—	SHARES CL A	G3934V109
MHO	M/I HOMES INC	21,656 (-1.7%)	$3.482M (+29.1%)	1.0%	$122.10	—	COM	55305B101
SF	STIFEL FINL CORP	74,579 (-7.8%)	$5.203M (-13.0%)	1.5%	$84.88	—	COM	860630102
AAOI	APPLIED OPTOELECTRONICS INC	76,405 (-38.9%)	$11.32M (+6.9%)	3.3%	$29.86	—	COM	03823U102
MNKD	MANNKIND CORP	481,722 (-12.4%)	$2.052M (+52.4%)	0.6%	$4.11	—	COM NEW	56400P706
GVA	GRANITE CONSTR INC	28,645 (-11.2%)	$4.528M (+17.0%)	1.3%	$48.58	—	COM	387328107
AIOT	POWERFLEET INC	1,159,473 (-6.3%)	$4.441M (+16.5%)	1.3%	$5.28	—	COM	73931J109
HNGE	HINGE HEALTH INC	23,117 (-33.1%)	$1.919M (+43.9%)	0.6%	$40.59	—	CL A	433313103
GSM	FERROGLOBE PLC	512,795 (-1.3%)	$1.631M (-23.8%)	0.5%	$4.32	—	SHS	G33856108
PLOW	DOUGLAS DYNAMICS INC	78,593 (-11.4%)	$4.24M (+13.6%)	1.3%	$30.26	—	COM	25960R105
NVGS	NAVIGATOR HLDGS LTD	158,744 (-10.8%)	$2.957M (-14.1%)	0.9%	$14.82	—	SHS	Y62132108
NOVT	NOVANTA INC	10,324 (-1.6%)	$1.675M (+35.2%)	0.5%	$113.88	—	COM	67000B104
CE	CELANESE CORP DEL	20,113 (-1.7%)	$925K (-31.3%)	0.3%	$49.52	—	COM	150870103
GLOB	GLOBANT S A	23,258 (-1.7%)	$673K (-38.3%)	0.2%	$62.86	—	COM	L44385109
DT	DYNATRACE INC	66,331 (-1.7%)	$2.913M (+16.7%)	0.9%	$44.13	—	COM NEW	268150109
DNLI	DENALI THERAPEUTICS INC	66,368 (-1.6%)	$1.707M (+31.9%)	0.5%	$16.88	—	COM	24823R105
CRL	CHARLES RIV LABS INTL INC	7,741 (-1.7%)	$1.756M (+29.2%)	0.5%	$185.10	—	COM	159864107
AIR	AAR CORP	12,387 (-1.7%)	$1.77M (+28.4%)	0.5%	$82.73	—	COM	000361105
CBT	CABOT CORP	44,101 (-8.2%)	$4.005M (+10.7%)	1.2%	$73.23	—	COM	127055101
FWRG	FIRST WATCH RESTAURANT GROUP	170,147 (-1.6%)	$2.193M (+21.0%)	0.6%	$15.97	—	COM	33748L101
ANDE	ANDERSONS INC	3,527 (-57.3%)	$241K (-59.3%)	0.1%	$45.65	—	COM	034164103
ROC	RANK ONE COMPUTING CORP	179,103 (-1.7%)	$944K (-25.9%)	0.3%	$6.99	—	COM SHS	753040104
ARQT	ARCUTIS BIOTHERAPEUTICS INC	116,211 (-1.6%)	$3.047M (+9.5%)	0.9%	$26.85	—	COM	03969K108
DKNG	DRAFTKINGS INC NEW	70,822 (-2.2%)	$1.789M (+14.2%)	0.5%	$20.30	—	COM CL A	26142V105
ATEN	A10 NETWORKS INC	21,520 (-18.4%)	$804K (+31.8%)	0.2%	$17.94	—	COM	002121101
AUB	ATLANTIC UN BANKSHARES CORP	81,382 (-10.7%)	$3.443M (+5.7%)	1.0%	$31.97	—	COM	04911A107
GDYN	GRID DYNAMICS HLDGS INC	412,258 (-6.7%)	$2.342M (-7.0%)	0.7%	$9.46	—	CL A	39813G109
EMN	EASTMAN CHEM CO	15,429 (-2.4%)	$1.033M (-14.3%)	0.3%	$72.75	—	COM	277432100
COHR	COHERENT CORP	1,527 (-15.9%)	$602K (+39.2%)	0.2%	$99.69	—	COM	19247G107
PLUG	PLUG PWR INC	399,362 (-1.5%)	$1.082M (+18.2%)	0.3%	$1.70	—	COM NEW	72919P202
SOPH	SOPHIA GENETICS SA	222,194 (-1.6%)	$1.282M (+14.7%)	0.4%	$4.57	—	ORDINARY SHARES	H82027105
KBH	KB HOME	51,121 (-12.9%)	$3.2M (+5.3%)	0.9%	$61.00	—	COM	48666K109
ALM	ALMONTY INDS INC	74,159 (-1.6%)	$1.228M (+12.5%)	0.4%	$4.80	—	COM NEW	020398707
LOVE	LOVESAC COMPANY	80,335 (-1.6%)	$1.341M (+11.2%)	0.4%	$14.06	—	COM	54738L109
AROC	ARCHROCK INC	11,153 (-33.1%)	$454K (-21.7%)	0.1%	$25.28	—	COM	03957W106
OFRM	ONCE UPON A FARM PBC	31,744 (-1.9%)	$650K (+22.8%)	0.2%	$16.35	—	COM	68237F108
SFNC	SIMMONS FIRST NATL CORP	140,544 (-10.9%)	$3.183M (+3.8%)	0.9%	$20.38	—	CL A $1 PAR	828730200
BOOT	BOOT BARN HLDGS INC	6,743 (-1.7%)	$1.108M (+10.3%)	0.3%	$190.69	—	COM	099406100
ADTN	ADTRAN HOLDINGS INC	573,128 (-8.3%)	$7.966M (+1.3%)	2.4%	$8.35	—	COM	00486H105
GLOO	GLOO HOLDINGS INC	296,979 (-1.6%)	$1.351M (-6.9%)	0.4%	$7.31	—	CL A	379598105
IMAX	IMAX CORP	152,146 (-6.1%)	$6.065M (-1.6%)	1.8%	$17.71	—	COM	45245E109
VENU	VENU HLDG CORP	78,178 (-1.7%)	$177K (-32.6%)	0.1%	$13.47	—	COM	92333E104
GOOGL	ALPHABET INC	1,236 (-4.0%)	$442K (+19.4%)	0.1%	$174.14	—	CAP STK CL A	02079K305
EEM	ISHARES TR	10,712 (-8.2%)	$733K (+10.6%)	0.2%	$37.02	—	MSCI EMG MKT ETF	464287234
META	META PLATFORMS INC	464 (-9.0%)	$261K (-10.4%)	0.1%	$538.05	—	CL A	30303M102
BAC	BANK AMERICA CORP	4,669 (-3.8%)	$266K (+12.5%)	0.1%	$36.84	—	COM	060505104
CVLG	COVENANT LOGISTICS GROUP INC	6,125 (-31.1%)	$271K (+12.2%)	0.1%	$26.86	—	CL A	22284P105
MSFT	MICROSOFT CORP	847 (-8.6%)	$316K (-7.9%)	0.1%	$280.59	—	COM	594918104
ETN	EATON CORP PLC	647 (-9.9%)	$276K (+7.4%)	0.1%	$209.69	—	SHS	G29183103
WSBC	WESBANCO INC	65,373 (-11.0%)	$2.552M (+0.7%)	0.8%	$32.86	—	COM	950810101
NVDA	NVIDIA CORPORATION	1,330 (-9.5%)	$266K (+3.9%)	0.1%	$177.32	—	COM	67066G104
HQY	HEALTHEQUITY INC	51,501 (-7.7%)	$4.652M (-0.2%)	1.4%	$81.70	—	COM	42226A107
AAPL	APPLE INC	1,154 (-9.8%)	$334K (+2.8%)	0.1%	$268.34	—	COM	037833100
AMZN	AMAZON COM INC	955 (-9.7%)	$228K (+3.3%)	0.1%	$184.17	—	COM	023135106
ADEA	ADEIA INC	23,981 (-26.5%)	$790K (+0.7%)	0.2%	$13.93	—	COM	00676P107
SHY	ISHARES TR	3,031 (-1.0%)	$249K (-1.6%)	0.1%	$82.80	—	1 3 YR TREAS BD	464287457
VEU	VANGUARD INTL EQUITY INDEX F	17,047 (-10.1%)	$1.428M (+0.3%)	0.4%	$58.50	—	ALLWRLD EX US	922042775
RSVRW	RESERVOIR MEDIA INC	144,544 (-1.1%)	$24,500 (+11.8%)	0.0%	$1.98	—	*W EXP 08/26/202	76119X113
BA	BOEING CO	1,180 (-8.6%)	$255K (-0.6%)	0.1%	$188.88	—	COM	097023105

Unchanged Positions (19)

GTX GARRETT MOTION INC 0.2%

Value $673K Shares 18,579 Est. Cost $18.91 Unrealized —

PCTTW PURECYCLE TECHNOLOGIES INC 0.1%

Value $387K Shares 148,762 Est. Cost $13.71 Unrealized —

LGND LIGAND PHARMACEUTICALS INC 0.2%

Value $619K Shares 1,958 Est. Cost $110.50 Unrealized —

XHR XENIA HOTELS & RESORTS INC 0.2%

Value $660K Shares 32,406 Est. Cost $14.36 Unrealized —

CDNA CAREDX INC 0.1%

Value $357K Shares 12,534 Est. Cost $19.69 Unrealized —

RHP RYMAN HOSPITALITY PPTYS INC 0.1%

Value $466K Shares 3,625 Est. Cost $92.27 Unrealized —

JILL J JILL INC 0.1%

Value $357K Shares 22,473 Est. Cost $16.13 Unrealized —

FSBC FIVE STAR BANCORP 0.1%

Value $408K Shares 8,373 Est. Cost $35.53 Unrealized —

BFST BUSINESS FIRST BANCSHARES IN 0.1%

Value $498K Shares 16,216 Est. Cost $26.31 Unrealized —

ABCB AMERIS BANCORP 0.1%

Value $406K Shares 4,500 Est. Cost $64.33 Unrealized —

SMBK SMARTFINANCIAL INC 0.1%

Value $324K Shares 6,901 Est. Cost $40.13 Unrealized —

OBK ORIGIN BANCORP INC 0.1%

Value $276K Shares 5,400 Est. Cost $41.98 Unrealized —

SGMT SAGIMET BIOSCIENCES INC 0.0%

Value $116K Shares 15,000 Est. Cost $8.11 Unrealized —

PB PROSPERITY BANCSHARES INC 0.1%

Value $420K Shares 5,753 Est. Cost $63.24 Unrealized —

POWW OUTDOOR HOLDING CO 0.1%

Value $239K Shares 104,800 Est. Cost $5.58 Unrealized —

SBCF SEACOAST BKG CORP FLA 0.1%

Value $288K Shares 8,659 Est. Cost $31.73 Unrealized —

STAG STAG INDUSTRIAL INC 0.1%

Value $299K Shares 7,843 Est. Cost $36.11 Unrealized —

SCVL SHOE CARNIVAL INC 0.1%

Value $189K Shares 12,744 Est. Cost $19.54 Unrealized —

ADC AGREE RLTY CORP 0.1%

Value $299K Shares 3,946 Est. Cost $75.34 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GTX	GARRETT MOTION INC	18,579	$673K	0.2%	$18.91	—	COM	366505105
PCTTW	PURECYCLE TECHNOLOGIES INC	148,762	$387K	0.1%	$13.71	—	*W EXP 06/17/202	74623V111
LGND	LIGAND PHARMACEUTICALS INC	1,958	$619K	0.2%	$110.50	—	COM NEW	53220K504
XHR	XENIA HOTELS & RESORTS INC	32,406	$660K	0.2%	$14.36	—	COM	984017103
CDNA	CAREDX INC	12,534	$357K	0.1%	$19.69	—	COM	14167L103
RHP	RYMAN HOSPITALITY PPTYS INC	3,625	$466K	0.1%	$92.27	—	COM	78377T107
JILL	J JILL INC	22,473	$357K	0.1%	$16.13	—	COM	46620W201
FSBC	FIVE STAR BANCORP	8,373	$408K	0.1%	$35.53	—	COM	33830T103
BFST	BUSINESS FIRST BANCSHARES IN	16,216	$498K	0.1%	$26.31	—	COM	12326C105
ABCB	AMERIS BANCORP	4,500	$406K	0.1%	$64.33	—	COM	03076K108
SMBK	SMARTFINANCIAL INC	6,901	$324K	0.1%	$40.13	—	COM NEW	83190L208
OBK	ORIGIN BANCORP INC	5,400	$276K	0.1%	$41.98	—	COM	68621T102
SGMT	SAGIMET BIOSCIENCES INC	15,000	$116K	0.0%	$8.11	—	COM SER A	786700104
PB	PROSPERITY BANCSHARES INC	5,753	$420K	0.1%	$63.24	—	COM	743606105
POWW	OUTDOOR HOLDING CO	104,800	$239K	0.1%	$5.58	—	COM	00175J107
SBCF	SEACOAST BKG CORP FLA	8,659	$288K	0.1%	$31.73	—	COM NEW	811707801
STAG	STAG INDUSTRIAL INC	7,843	$299K	0.1%	$36.11	—	COM	85254J102
SCVL	SHOE CARNIVAL INC	12,744	$189K	0.1%	$19.54	—	COM	824889109
ADC	AGREE RLTY CORP	3,946	$299K	0.1%	$75.34	—	COM	008492100