Ceredex Value Advisors LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NOK	NOKIA CORP	7,175,011	$46,422	1.4%	$6.47	—	SPONSORED ADR	654902204
TECH	BIO-TECHNE CORP	688,321	$40,480	1.2%	$60.72	0.0%	COM	09073M104
CRS	CARPENTER TECHNOLOGY CORP	128,530	$40,466	1.2%	$300.56	0.0%	COM	144285103
CR	CRANE COMPANY	179,000	$33,013	1.0%	$185.35	0.0%	COMMON STOCK	224408104
APO	APOLLO GLOBAL MGMT INC	215,827	$31,243	0.9%	$132.57	0.0%	COM	03769M106
TMO	THERMO FISHER SCIENTIFIC INC	52,158	$30,223	0.9%	$565.16	0.0%	COM	883556102
VFC	V F CORP	1,542,000	$27,879	0.8%	$16.21	0.0%	COM	918204108
GIL	GILDAN ACTIVEWEAR INC	436,900	$27,289	0.8%	$59.45	0.0%	COM	375916103
CCJ	CAMECO CORP	265,350	$24,277	0.7%	$89.94	0.0%	COM	13321L108
BLK	BLACKROCK INC	22,330	$23,901	0.7%	$1089.41	0.0%	COM	09290D101
WWD	WOODWARD INC	75,050	$22,689	0.7%	$274.80	0.0%	COM	980745103
REGN	REGENERON PHARMACEUTICALS	28,549	$22,036	0.7%	$678.68	0.0%	COM	75886F107
LECO	LINCOLN ELEC HLDGS INC	86,550	$20,741	0.6%	$236.85	0.0%	COM	533900106
EQT	EQT CORP	385,700	$20,674	0.6%	$56.13	0.0%	COM	26884L109
WM	WASTE MGMT INC DEL	92,500	$20,323	0.6%	$212.55	0.0%	COM	94106L109
FERG	FERGUSON ENTERPRISES INC	86,675	$19,296	0.6%	$237.95	0.0%	COMMON STOCK NEW	31488V107
NI	NISOURCE INC	462,050	$19,295	0.6%	$42.62	0.0%	COM	65473P105
DPZ	DOMINOS PIZZA INC	45,519	$18,973	0.6%	$415.46	0.0%	COM	25754A201
TGT	TARGET CORP	185,862	$18,168	0.5%	$91.63	0.0%	COM	87612E106
AWK	AMERICAN WTR WKS CO INC NEW	138,800	$18,113	0.5%	$133.18	0.0%	COM	030420103
FTI	TECHNIPFMC PLC	402,800	$17,949	0.5%	$42.20	0.0%	COM	G87110105
MOS	MOSAIC CO NEW	733,551	$17,671	0.5%	$26.75	0.0%	COM	61945C103
CRM	SALESFORCE INC	66,547	$17,629	0.5%	$248.17	0.0%	COM	79466L302
Q	QNITY ELECTRONICS INC	213,867	$17,462	0.5%	$84.91	0.0%	COMMON STOCK	74743L100
BDX	BECTON DICKINSON & CO	89,892	$17,445	0.5%	$189.55	0.0%	COM	075887109
WLK	WESTLAKE CORPORATION	235,618	$17,422	0.5%	$70.79	0.0%	COM	960413102
YUM	YUM BRANDS INC	109,600	$16,580	0.5%	$147.67	0.0%	COM	988498101
GRMN	GARMIN LTD	81,175	$16,466	0.5%	$216.69	0.0%	SHS	H2906T109
PRIM	PRIMORIS SVCS CORP	114,800	$14,251	0.4%	$130.57	0.0%	COM	74164F103
BF/B	BROWN FORMAN CORP	520,627	$13,568	0.4%	$27.98	0.0%	CL B	115637209
ORCL	ORACLE CORP	62,304	$12,144	0.4%	$238.05	0.0%	COM	68389X105
TTC	TORO CO	147,500	$11,611	0.3%	$73.92	0.0%	COM	891092108
RYAN	RYAN SPECIALTY HOLDINGS INC	207,850	$10,731	0.3%	$54.85	0.0%	CL A	78351F107
HBM	HUDBAY MINERALS INC	527,550	$10,472	0.3%	$16.91	0.0%	COM	443628102

Increased Positions (46)

ALLY ALLY FINL INC 1.2%

Value ($000) $39,896 (+174.1%) Shares 880,900 (+137.2%) Est. Cost $38.48 Unrealized +6.0%

SLB SLB LIMITED 0.8%

Value ($000) $28,259 (+612.1%) Shares 736,294 (+537.7%) Est. Cost $37.50 Unrealized -3.8%

HRI HERC HLDGS INC 1.0%

Value ($000) $32,365 (+183.1%) Shares 218,125 (+122.6%) Est. Cost $136.78 Unrealized -0.6%

AJG GALLAGHER ARTHUR J & CO 1.3%

Value ($000) $42,265 (+82.2%) Shares 163,317 (+118.0%) Est. Cost $280.72 Unrealized -5.9%

ASO ACADEMY SPORTS & OUTDOORS IN 0.8%

Value ($000) $25,619 (+176.4%) Shares 512,800 (+176.7%) Est. Cost $49.97 Unrealized -1.0%

TER TERADYNE INC 1.2%

Value ($000) $38,574 (+56.3%) Shares 199,289 (+11.1%) Est. Cost $115.34 Unrealized +48.7%

M MACYS INC 0.7%

Value ($000) $22,821 (+80.1%) Shares 1,034,950 (+46.4%) Est. Cost $16.16 Unrealized +26.7%

EVR EVERCORE INC 1.0%

Value ($000) $34,130 (+37.8%) Shares 100,310 (+36.6%) Est. Cost $228.47 Unrealized +40.4%

CME CME GROUP INC 0.7%

Value ($000) $23,635 (+51.9%) Shares 86,550 (+50.3%) Est. Cost $270.16 Unrealized +0.2%

AAON AAON INC 1.2%

Value ($000) $40,393 (+18.9%) Shares 529,750 (+45.7%) Est. Cost $85.06 Unrealized +8.5%

POWI POWER INTEGRATIONS INC 0.5%

Value ($000) $16,123 (+63.5%) Shares 453,650 (+84.9%) Est. Cost $49.96 Unrealized -24.4%

ESI ELEMENT SOLUTIONS INC 0.5%

Value ($000) $18,085 (+30.3%) Shares 723,700 (+31.2%) Est. Cost $22.40 Unrealized +15.7%

WTFC WINTRUST FINL CORP 0.5%

Value ($000) $17,764 (+30.3%) Shares 127,050 (+23.4%) Est. Cost $85.36 Unrealized +55.8%

FNB F N B CORP 0.5%

Value ($000) $16,736 (+28.8%) Shares 978,700 (+21.4%) Est. Cost $11.90 Unrealized +36.7%

CON CONCENTRA GROUP HOLDINGS PAR 0.3%

Value ($000) $11,338 (+46.3%) Shares 576,100 (+55.6%) Est. Cost $20.59 Unrealized -3.1%

RAL RALLIANT CORP 0.4%

Value ($000) $14,866 (+31.2%) Shares 292,000 (+12.7%) Est. Cost $44.73 Unrealized +4.8%

LFUS LITTELFUSE INC 0.5%

Value ($000) $15,536 (+28.9%) Shares 61,425 (+32.0%) Est. Cost $231.42 Unrealized +10.0%

PB PROSPERITY BANCSHARES INC 0.5%

Value ($000) $15,947 (+27.5%) Shares 230,750 (+22.4%) Est. Cost $56.35 Unrealized +18.9%

RRX REGAL REXNORD CORPORATION 0.4%

Value ($000) $13,572 (+31.5%) Shares 96,725 (+34.4%) Est. Cost $143.97 Unrealized -1.2%

MSI MOTOROLA SOLUTIONS INC 0.7%

Value ($000) $24,293 (+15.0%) Shares 63,375 (+37.2%) Est. Cost $411.21 Unrealized -2.5%

BDC BELDEN INC 0.5%

Value ($000) $16,416 (+22.4%) Shares 140,850 (+26.4%) Est. Cost $96.25 Unrealized +21.2%

SMG SCOTTS MIRACLE-GRO CO 0.4%

Value ($000) $14,054 (+27.0%) Shares 240,850 (+23.9%) Est. Cost $60.11 Unrealized -8.2%

NOV NOV INC 0.4%

Value ($000) $14,337 (+25.3%) Shares 917,250 (+6.2%) Est. Cost $17.60 Unrealized -15.7%

GBCI GLACIER BANCORP INC NEW 0.5%

Value ($000) $16,395 (+21.2%) Shares 372,200 (+33.9%) Est. Cost $38.49 Unrealized +13.2%

SSB SOUTHSTATE BK CORP 1.3%

Value ($000) $41,677 (+7.3%) Shares 442,850 (+12.8%) Est. Cost $96.16 Unrealized -4.5%

FRME FIRST MERCHANTS CORP 0.5%

Value ($000) $15,515 (+20.3%) Shares 413,950 (+21.1%) Est. Cost $38.79 Unrealized -5.2%

CFR CULLEN FROST BANKERS INC 0.5%

Value ($000) $16,202 (+16.8%) Shares 127,950 (+16.9%) Est. Cost $112.34 Unrealized +11.1%

ALV AUTOLIV INC 0.3%

Value ($000) $10,235 (+29.2%) Shares 86,225 (+34.4%) Est. Cost $96.77 Unrealized +23.4%

LPX LOUISIANA PAC CORP 0.3%

Value ($000) $10,426 (+28.2%) Shares 129,100 (+41.0%) Est. Cost $77.89 Unrealized +8.5%

NVT NVENT ELECTRIC PLC 0.5%

Value ($000) $15,520 (+15.9%) Shares 152,200 (+12.2%) Est. Cost $70.95 Unrealized +46.0%

SBCF SEACOAST BKG CORP FLA 0.5%

Value ($000) $16,265 (+13.6%) Shares 517,650 (+10.0%) Est. Cost $29.08 Unrealized +7.1%

COLB COLUMBIA BKG SYS INC 0.5%

Value ($000) $17,248 (+12.4%) Shares 617,100 (+3.5%) Est. Cost $22.47 Unrealized +19.5%

PWP PERELLA WEINBERG PARTNERS 0.3%

Value ($000) $10,374 (+16.0%) Shares 599,650 (+42.9%) Est. Cost $13.17 Unrealized +41.0%

ESAB ESAB CORPORATION 0.4%

Value ($000) $12,781 (+12.1%) Shares 114,400 (+12.1%) Est. Cost $118.24 Unrealized -3.3%

EQIX EQUINIX INC 0.7%

Value ($000) $23,885 (+5.9%) Shares 31,175 (+8.2%) Est. Cost $831.52 Unrealized -6.1%

VOYA VOYA FINANCIAL INC 0.4%

Value ($000) $12,879 (+8.9%) Shares 172,900 (+9.4%) Est. Cost $67.54 Unrealized +7.4%

MTN VAIL RESORTS INC 0.3%

Value ($000) $9,877 (+10.9%) Shares 74,375 (+24.9%) Est. Cost $174.93 Unrealized -15.9%

EME EMCOR GROUP INC 0.7%

Value ($000) $24,777 (-2.9%) Shares 40,500 (+3.1%) Est. Cost $446.97 Unrealized +44.9%

ETR ENTERGY CORP NEW 0.7%

Value ($000) $22,036 (+2.7%) Shares 238,406 (+3.5%) Est. Cost $67.57 Unrealized +39.9%

CIGI COLLIERS INTL GROUP INC 0.3%

Value ($000) $10,338 (+5.8%) Shares 70,325 (+12.4%) Est. Cost $119.63 Unrealized +25.5%

BBY BEST BUY INC 0.4%

Value ($000) $13,168 (+4.0%) Shares 196,750 (+17.5%) Est. Cost $70.82 Unrealized +6.5%

UMBF UMB FINL CORP 0.6%

Value ($000) $18,657 (+2.1%) Shares 162,175 (+5.0%) Est. Cost $86.30 Unrealized +31.3%

NBTB NBT BANCORP INC 0.4%

Value ($000) $14,044 (+2.6%) Shares 338,250 (+3.2%) Est. Cost $39.40 Unrealized +5.5%

BRX BRIXMOR PPTY GROUP INC 0.4%

Value ($000) $12,726 (-2.6%) Shares 485,350 (+2.9%) Est. Cost $22.91 Unrealized —

SSD SIMPSON MFG INC 0.3%

Value ($000) $9,769 (+3.2%) Shares 60,500 (+7.1%) Est. Cost $170.03 Unrealized -0.8%

MTH MERITAGE HOMES CORP 0.3%

Value ($000) $10,364 (-2.7%) Shares 157,500 (+7.1%) Est. Cost $66.47 Unrealized +4.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ALLY	ALLY FINL INC	880,900 (+137.2%)	$39,896 (+174.1%)	1.2%	$38.48	+6.0%	COM	02005N100
SLB	SLB LIMITED	736,294 (+537.7%)	$28,259 (+612.1%)	0.8%	$37.50	-3.8%	COM STK	806857108
HRI	HERC HLDGS INC	218,125 (+122.6%)	$32,365 (+183.1%)	1.0%	$136.78	-0.6%	COM	42704L104
AJG	GALLAGHER ARTHUR J & CO	163,317 (+118.0%)	$42,265 (+82.2%)	1.3%	$280.72	-5.9%	COM	363576109
ASO	ACADEMY SPORTS & OUTDOORS IN	512,800 (+176.7%)	$25,619 (+176.4%)	0.8%	$49.97	-1.0%	COM	00402L107
TER	TERADYNE INC	199,289 (+11.1%)	$38,574 (+56.3%)	1.2%	$115.34	+48.7%	COM	880770102
M	MACYS INC	1,034,950 (+46.4%)	$22,821 (+80.1%)	0.7%	$16.16	+26.7%	COM	55616P104
EVR	EVERCORE INC	100,310 (+36.6%)	$34,130 (+37.8%)	1.0%	$228.47	+40.4%	CLASS A	29977A105
CME	CME GROUP INC	86,550 (+50.3%)	$23,635 (+51.9%)	0.7%	$270.16	+0.2%	COM	12572Q105
AAON	AAON INC	529,750 (+45.7%)	$40,393 (+18.9%)	1.2%	$85.06	+8.5%	COM PAR $0.004	000360206
POWI	POWER INTEGRATIONS INC	453,650 (+84.9%)	$16,123 (+63.5%)	0.5%	$49.96	-24.4%	COM	739276103
ESI	ELEMENT SOLUTIONS INC	723,700 (+31.2%)	$18,085 (+30.3%)	0.5%	$22.40	+15.7%	COM	28618M106
WTFC	WINTRUST FINL CORP	127,050 (+23.4%)	$17,764 (+30.3%)	0.5%	$85.36	+55.8%	COM	97650W108
FNB	F N B CORP	978,700 (+21.4%)	$16,736 (+28.8%)	0.5%	$11.90	+36.7%	COM	302520101
CON	CONCENTRA GROUP HOLDINGS PAR	576,100 (+55.6%)	$11,338 (+46.3%)	0.3%	$20.59	-3.1%	COMMON STOCK	20603L102
RAL	RALLIANT CORP	292,000 (+12.7%)	$14,866 (+31.2%)	0.4%	$44.73	+4.8%	COM	750940108
LFUS	LITTELFUSE INC	61,425 (+32.0%)	$15,536 (+28.9%)	0.5%	$231.42	+10.0%	COM	537008104
PB	PROSPERITY BANCSHARES INC	230,750 (+22.4%)	$15,947 (+27.5%)	0.5%	$56.35	+18.9%	COM	743606105
RRX	REGAL REXNORD CORPORATION	96,725 (+34.4%)	$13,572 (+31.5%)	0.4%	$143.97	-1.2%	COM	758750103
MSI	MOTOROLA SOLUTIONS INC	63,375 (+37.2%)	$24,293 (+15.0%)	0.7%	$411.21	-2.5%	COM NEW	620076307
BDC	BELDEN INC	140,850 (+26.4%)	$16,416 (+22.4%)	0.5%	$96.25	+21.2%	COM	077454106
SMG	SCOTTS MIRACLE-GRO CO	240,850 (+23.9%)	$14,054 (+27.0%)	0.4%	$60.11	-8.2%	CL A	810186106
NOV	NOV INC	917,250 (+6.2%)	$14,337 (+25.3%)	0.4%	$17.60	-15.7%	COM	62955J103
GBCI	GLACIER BANCORP INC NEW	372,200 (+33.9%)	$16,395 (+21.2%)	0.5%	$38.49	+13.2%	COM	37637Q105
SSB	SOUTHSTATE BK CORP	442,850 (+12.8%)	$41,677 (+7.3%)	1.3%	$96.16	-4.5%	COM	84472E102
FRME	FIRST MERCHANTS CORP	413,950 (+21.1%)	$15,515 (+20.3%)	0.5%	$38.79	-5.2%	COM	320817109
CFR	CULLEN FROST BANKERS INC	127,950 (+16.9%)	$16,202 (+16.8%)	0.5%	$112.34	+11.1%	COM	229899109
ALV	AUTOLIV INC	86,225 (+34.4%)	$10,235 (+29.2%)	0.3%	$96.77	+23.4%	COM	052800109
LPX	LOUISIANA PAC CORP	129,100 (+41.0%)	$10,426 (+28.2%)	0.3%	$77.89	+8.5%	COM	546347105
NVT	NVENT ELECTRIC PLC	152,200 (+12.2%)	$15,520 (+15.9%)	0.5%	$70.95	+46.0%	SHS	G6700G107
SBCF	SEACOAST BKG CORP FLA	517,650 (+10.0%)	$16,265 (+13.6%)	0.5%	$29.08	+7.1%	COM NEW	811707801
COLB	COLUMBIA BKG SYS INC	617,100 (+3.5%)	$17,248 (+12.4%)	0.5%	$22.47	+19.5%	COM	197236102
PWP	PERELLA WEINBERG PARTNERS	599,650 (+42.9%)	$10,374 (+16.0%)	0.3%	$13.17	+41.0%	CLASS A COM	71367G102
ESAB	ESAB CORPORATION	114,400 (+12.1%)	$12,781 (+12.1%)	0.4%	$118.24	-3.3%	COM	29605J106
EQIX	EQUINIX INC	31,175 (+8.2%)	$23,885 (+5.9%)	0.7%	$831.52	-6.1%	COM	29444U700
VOYA	VOYA FINANCIAL INC	172,900 (+9.4%)	$12,879 (+8.9%)	0.4%	$67.54	+7.4%	COM	929089100
MTN	VAIL RESORTS INC	74,375 (+24.9%)	$9,877 (+10.9%)	0.3%	$174.93	-15.9%	COM	91879Q109
EME	EMCOR GROUP INC	40,500 (+3.1%)	$24,777 (-2.9%)	0.7%	$446.97	+44.9%	COM	29084Q100
ETR	ENTERGY CORP NEW	238,406 (+3.5%)	$22,036 (+2.7%)	0.7%	$67.57	+39.9%	COM	29364G103
CIGI	COLLIERS INTL GROUP INC	70,325 (+12.4%)	$10,338 (+5.8%)	0.3%	$119.63	+25.5%	SUB VTG SHS	194693107
BBY	BEST BUY INC	196,750 (+17.5%)	$13,168 (+4.0%)	0.4%	$70.82	+6.5%	COM	086516101
UMBF	UMB FINL CORP	162,175 (+5.0%)	$18,657 (+2.1%)	0.6%	$86.30	+31.3%	COM	902788108
NBTB	NBT BANCORP INC	338,250 (+3.2%)	$14,044 (+2.6%)	0.4%	$39.40	+5.5%	COM	628778102
BRX	BRIXMOR PPTY GROUP INC	485,350 (+2.9%)	$12,726 (-2.6%)	0.4%	$22.91	—	COM	11120U105
SSD	SIMPSON MFG INC	60,500 (+7.1%)	$9,769 (+3.2%)	0.3%	$170.03	-0.8%	COM	829073105
MTH	MERITAGE HOMES CORP	157,500 (+7.1%)	$10,364 (-2.7%)	0.3%	$66.47	+4.2%	COM	59001A102

Exited Positions (43)

HPE HEWLETT PACKARD ENTERPRISE C 2.0%

Value ($000) $66,664 Shares 2,714,319 Est. Cost $21.88 Unrealized +7.1%

DHR DANAHER CORPORATION 1.6%

Value ($000) $52,027 Shares 262,420 Est. Cost $221.30 Unrealized -0.8%

MMM 3M CO 1.5%

Value ($000) $49,985 Shares 322,111 Est. Cost $130.59 Unrealized +25.0%

BAC BANK AMERICA CORP 1.3%

Value ($000) $44,406 Shares 860,746 Est. Cost $30.05 Unrealized +75.3%

JNJ JOHNSON & JOHNSON 1.3%

Value ($000) $44,266 Shares 238,735 Est. Cost $150.84 Unrealized +30.6%

LRCX LAM RESEARCH CORP 1.3%

Value ($000) $42,172 Shares 314,949 Est. Cost $76.18 Unrealized +103.9%

MSFT MICROSOFT CORP 1.2%

Value ($000) $38,376 Shares 74,092 Est. Cost $420.84 Unrealized +18.9%

MCD MCDONALDS CORP 1.1%

Value ($000) $37,289 Shares 122,706 Est. Cost $301.40 Unrealized +1.2%

DIS DISNEY WALT CO 1.1%

Value ($000) $37,184 Shares 324,754 Est. Cost $94.35 Unrealized +16.1%

VNT VONTIER CORPORATION 1.1%

Value ($000) $35,702 Shares 850,650 Est. Cost $34.86 Unrealized +9.8%

SO SOUTHERN CO 1.0%

Value ($000) $33,443 Shares 352,885 Est. Cost $66.27 Unrealized +37.2%

SHW SHERWIN WILLIAMS CO 0.9%

Value ($000) $30,163 Shares 87,112 Est. Cost $351.39 Unrealized -4.9%

WMB WILLIAMS COS INC 0.8%

Value ($000) $25,616 Shares 404,350 Est. Cost $57.67 Unrealized +4.2%

DKS DICKS SPORTING GOODS INC 0.7%

Value ($000) $24,433 Shares 109,950 Est. Cost $182.31 Unrealized +19.1%

LPLA LPL FINL HLDGS INC 0.7%

Value ($000) $22,989 Shares 69,100 Est. Cost $348.21 Unrealized +1.6%

LVS LAS VEGAS SANDS CORP 0.7%

Value ($000) $22,933 Shares 426,350 Est. Cost $43.38 Unrealized +41.1%

ROP ROPER TECHNOLOGIES INC 0.7%

Value ($000) $22,915 Shares 45,950 Est. Cost $546.30 Unrealized -15.4%

HSY HERSHEY CO 0.7%

Value ($000) $22,680 Shares 121,250 Est. Cost $179.65 Unrealized +1.4%

VST VISTRA CORP 0.7%

Value ($000) $22,619 Shares 115,450 Est. Cost $197.68 Unrealized -8.0%

RCL ROYAL CARIBBEAN GROUP 0.7%

Value ($000) $22,038 Shares 68,108 Est. Cost $233.26 Unrealized +20.7%

MAA MID-AMER APT CMNTYS INC 0.7%

Value ($000) $21,780 Shares 155,875 Est. Cost $124.15 Unrealized +7.1%

EFX EQUIFAX INC 0.6%

Value ($000) $21,035 Shares 82,000 Est. Cost $250.41 Unrealized -12.7%

DG DOLLAR GEN CORP NEW 0.6%

Value ($000) $20,830 Shares 201,550 Est. Cost $108.94 Unrealized +2.4%

HUBB HUBBELL INC 0.6%

Value ($000) $19,697 Shares 45,775 Est. Cost $359.55 Unrealized +21.6%

PPG PPG INDS INC 0.6%

Value ($000) $19,303 Shares 183,650 Est. Cost $121.98 Unrealized -17.9%

HIG HARTFORD INSURANCE GROUP INC 0.6%

Value ($000) $19,201 Shares 143,950 Est. Cost $81.63 Unrealized +61.2%

OC OWENS CORNING NEW 0.6%

Value ($000) $18,835 Shares 133,150 Est. Cost $158.95 Unrealized -26.2%

AMH AMERICAN HOMES 4 RENT 0.5%

Value ($000) $17,975 Shares 540,600 Est. Cost $37.69 Unrealized —

CPT CAMDEN PPTY TR 0.5%

Value ($000) $15,526 Shares 145,400 Est. Cost $92.37 Unrealized +11.7%

SFBS SERVISFIRST BANCSHARES INC 0.4%

Value ($000) $13,509 Shares 167,750 Est. Cost $76.47 Unrealized -4.6%

— PINNACLE FINL PARTNERS INC 0.4%

Value ($000) $11,930 Shares 127,200 Est. Cost $64.96 Unrealized —

CUBE CUBESMART 0.3%

Value ($000) $10,281 Shares 252,850 Est. Cost $42.10 Unrealized —

PCH POTLATCHDELTIC CORPORATION 0.3%

Value ($000) $10,251 Shares 251,550 Est. Cost $41.46 Unrealized —

SLM SLM CORP 0.3%

Value ($000) $9,795 Shares 353,850 Est. Cost $31.21 Unrealized -12.1%

AVNT AVIENT CORPORATION 0.3%

Value ($000) $9,791 Shares 297,150 Est. Cost $40.93 Unrealized -24.9%

FBIN FORTUNE BRANDS INNOVATIONS I 0.3%

Value ($000) $9,621 Shares 180,200 Est. Cost $71.86 Unrealized -30.7%

PRMB PRIMO BRANDS CORPORATION 0.3%

Value ($000) $8,943 Shares 404,650 Est. Cost $31.97 Unrealized -42.2%

LEVI LEVI STRAUSS & CO NEW 0.3%

Value ($000) $8,591 Shares 368,700 Est. Cost $17.43 Unrealized +22.6%

CCOI COGENT COMMUNICATIONS HLDGS 0.2%

Value ($000) $7,931 Shares 206,800 Est. Cost $55.56 Unrealized -46.9%

BBWI BATH & BODY WORKS INC 0.2%

Value ($000) $7,804 Shares 302,950 Est. Cost $28.35 Unrealized -23.4%

KWR QUAKER HOUGHTON 0.2%

Value ($000) $7,650 Shares 58,067 Est. Cost $149.65 Unrealized -9.8%

MTRN MATERION CORP 0.2%

Value ($000) $7,596 Shares 62,875 Est. Cost $113.55 Unrealized +8.6%

TOL TOLL BROTHERS INC 0.0%

Value ($000) $35 Shares 250 Est. Cost $120.06 Unrealized +13.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HPE	HEWLETT PACKARD ENTERPRISE C	2,714,319	$66,664	2.0%	$21.88	+7.1%	—	42824C109
DHR	DANAHER CORPORATION	262,420	$52,027	1.6%	$221.30	-0.8%	—	235851102
MMM	3M CO	322,111	$49,985	1.5%	$130.59	+25.0%	—	88579Y101
BAC	BANK AMERICA CORP	860,746	$44,406	1.3%	$30.05	+75.3%	—	060505104
JNJ	JOHNSON & JOHNSON	238,735	$44,266	1.3%	$150.84	+30.6%	—	478160104
LRCX	LAM RESEARCH CORP	314,949	$42,172	1.3%	$76.18	+103.9%	—	512807306
MSFT	MICROSOFT CORP	74,092	$38,376	1.2%	$420.84	+18.9%	—	594918104
MCD	MCDONALDS CORP	122,706	$37,289	1.1%	$301.40	+1.2%	—	580135101
DIS	DISNEY WALT CO	324,754	$37,184	1.1%	$94.35	+16.1%	—	254687106
VNT	VONTIER CORPORATION	850,650	$35,702	1.1%	$34.86	+9.8%	—	928881101
SO	SOUTHERN CO	352,885	$33,443	1.0%	$66.27	+37.2%	—	842587107
SHW	SHERWIN WILLIAMS CO	87,112	$30,163	0.9%	$351.39	-4.9%	—	824348106
WMB	WILLIAMS COS INC	404,350	$25,616	0.8%	$57.67	+4.2%	—	969457100
DKS	DICKS SPORTING GOODS INC	109,950	$24,433	0.7%	$182.31	+19.1%	—	253393102
LPLA	LPL FINL HLDGS INC	69,100	$22,989	0.7%	$348.21	+1.6%	—	50212V100
LVS	LAS VEGAS SANDS CORP	426,350	$22,933	0.7%	$43.38	+41.1%	—	517834107
ROP	ROPER TECHNOLOGIES INC	45,950	$22,915	0.7%	$546.30	-15.4%	—	776696106
HSY	HERSHEY CO	121,250	$22,680	0.7%	$179.65	+1.4%	—	427866108
VST	VISTRA CORP	115,450	$22,619	0.7%	$197.68	-8.0%	—	92840M102
RCL	ROYAL CARIBBEAN GROUP	68,108	$22,038	0.7%	$233.26	+20.7%	—	V7780T103
MAA	MID-AMER APT CMNTYS INC	155,875	$21,780	0.7%	$124.15	+7.1%	—	59522J103
EFX	EQUIFAX INC	82,000	$21,035	0.6%	$250.41	-12.7%	—	294429105
DG	DOLLAR GEN CORP NEW	201,550	$20,830	0.6%	$108.94	+2.4%	—	256677105
HUBB	HUBBELL INC	45,775	$19,697	0.6%	$359.55	+21.6%	—	443510607
PPG	PPG INDS INC	183,650	$19,303	0.6%	$121.98	-17.9%	—	693506107
HIG	HARTFORD INSURANCE GROUP INC	143,950	$19,201	0.6%	$81.63	+61.2%	—	416515104
OC	OWENS CORNING NEW	133,150	$18,835	0.6%	$158.95	-26.2%	—	690742101
AMH	AMERICAN HOMES 4 RENT	540,600	$17,975	0.5%	$37.69	—	—	02665T306
CPT	CAMDEN PPTY TR	145,400	$15,526	0.5%	$92.37	+11.7%	—	133131102
SFBS	SERVISFIRST BANCSHARES INC	167,750	$13,509	0.4%	$76.47	-4.6%	—	81768T108
—	PINNACLE FINL PARTNERS INC	127,200	$11,930	0.4%	$64.96	—	—	72346Q104
CUBE	CUBESMART	252,850	$10,281	0.3%	$42.10	—	—	229663109
PCH	POTLATCHDELTIC CORPORATION	251,550	$10,251	0.3%	$41.46	—	—	737630103
SLM	SLM CORP	353,850	$9,795	0.3%	$31.21	-12.1%	—	78442P106
AVNT	AVIENT CORPORATION	297,150	$9,791	0.3%	$40.93	-24.9%	—	05368V106
FBIN	FORTUNE BRANDS INNOVATIONS I	180,200	$9,621	0.3%	$71.86	-30.7%	—	34964C106
PRMB	PRIMO BRANDS CORPORATION	404,650	$8,943	0.3%	$31.97	-42.2%	—	741623102
LEVI	LEVI STRAUSS & CO NEW	368,700	$8,591	0.3%	$17.43	+22.6%	—	52736R102
CCOI	COGENT COMMUNICATIONS HLDGS	206,800	$7,931	0.2%	$55.56	-46.9%	—	19239V302
BBWI	BATH & BODY WORKS INC	302,950	$7,804	0.2%	$28.35	-23.4%	—	070830104
KWR	QUAKER HOUGHTON	58,067	$7,650	0.2%	$149.65	-9.8%	—	747316107
MTRN	MATERION CORP	62,875	$7,596	0.2%	$113.55	+8.6%	—	576690101
TOL	TOLL BROTHERS INC	250	$35	0.0%	$120.06	+13.1%	—	889478103

Decreased Positions (73)

EXE EXPAND ENERGY CORPORATION 0.6%

Value ($000) $20,250 (-71.3%) Shares 183,493 (-72.4%) Est. Cost $92.23 Unrealized +20.0%

WMT WALMART INC 0.0%

Value ($000) $1,611 (-96.7%) Shares 14,459 (-97.0%) Est. Cost $95.57 Unrealized +12.2%

PPL PPL CORP 0.8%

Value ($000) $25,481 (-64.2%) Shares 727,615 (-62.0%) Est. Cost $33.65 Unrealized +6.5%

IR INGERSOLL RAND INC 0.7%

Value ($000) $23,627 (-65.2%) Shares 298,247 (-63.7%) Est. Cost $79.11 Unrealized -0.2%

AMT AMERICAN TOWER CORP NEW 0.1%

Value ($000) $2,106 (-95.1%) Shares 11,996 (-94.6%) Est. Cost $185.71 Unrealized -2.9%

AON AON PLC 0.0%

Value ($000) $1,161 (-97.0%) Shares 3,291 (-96.9%) Est. Cost $310.48 Unrealized +12.5%

FANG DIAMONDBACK ENERGY INC 0.6%

Value ($000) $20,016 (-64.3%) Shares 133,150 (-66.1%) Est. Cost $152.59 Unrealized -3.6%

VRT VERTIV HOLDINGS CO 1.1%

Value ($000) $36,300 (-49.5%) Shares 224,063 (-53.0%) Est. Cost $112.48 Unrealized +54.3%

SF STIFEL FINL CORP 0.7%

Value ($000) $23,147 (-58.8%) Shares 184,850 (-62.6%) Est. Cost $111.58 Unrealized +7.2%

DAL DELTA AIR LINES INC DEL 0.6%

Value ($000) $19,401 (-62.5%) Shares 279,548 (-69.3%) Est. Cost $57.91 Unrealized +7.8%

FLS FLOWSERVE CORP 0.7%

Value ($000) $23,480 (-55.9%) Shares 338,433 (-66.2%) Est. Cost $50.39 Unrealized +27.2%

WDC WESTERN DIGITAL CORP 1.2%

Value ($000) $39,694 (-42.5%) Shares 230,419 (-59.9%) Est. Cost $53.81 Unrealized +181.7%

JPM JPMORGAN CHASE & CO. 1.3%

Value ($000) $42,910 (-39.8%) Shares 133,171 (-41.1%) Est. Cost $148.80 Unrealized +108.0%

AEE AMEREN CORP 0.8%

Value ($000) $25,854 (-48.8%) Shares 258,902 (-46.5%) Est. Cost $94.27 Unrealized +8.2%

RJF RAYMOND JAMES FINL INC 0.7%

Value ($000) $23,794 (-50.8%) Shares 148,165 (-47.1%) Est. Cost $106.17 Unrealized +51.6%

CVX CHEVRON CORP NEW 0.8%

Value ($000) $26,138 (-47.2%) Shares 171,496 (-46.3%) Est. Cost $152.28 Unrealized -0.6%

LEN LENNAR CORP 0.5%

Value ($000) $16,326 (-58.5%) Shares 158,812 (-49.1%) Est. Cost $123.12 Unrealized -2.0%

SBUX STARBUCKS CORP 0.8%

Value ($000) $27,947 (-44.6%) Shares 331,875 (-44.3%) Est. Cost $83.68 Unrealized +0.4%

MDLZ MONDELEZ INTL INC 0.8%

Value ($000) $25,034 (-47.2%) Shares 465,050 (-38.7%) Est. Cost $63.32 Unrealized -9.9%

JCI JOHNSON CTLS INTL PLC 0.8%

Value ($000) $25,714 (-46.4%) Shares 214,728 (-50.7%) Est. Cost $70.64 Unrealized +62.5%

KEY KEYCORP 1.5%

Value ($000) $50,307 (-30.2%) Shares 2,437,363 (-36.8%) Est. Cost $12.81 Unrealized +44.3%

ELS EQUITY LIFESTYLE PPTYS INC 0.8%

Value ($000) $28,063 (-42.6%) Shares 463,002 (-42.6%) Est. Cost $66.48 Unrealized —

CHD CHURCH & DWIGHT CO INC 0.7%

Value ($000) $24,319 (-45.9%) Shares 290,028 (-43.4%) Est. Cost $103.07 Unrealized -17.3%

HD HOME DEPOT INC 0.7%

Value ($000) $23,377 (-46.8%) Shares 67,938 (-37.4%) Est. Cost $308.77 Unrealized +18.1%

IP INTERNATIONAL PAPER CO 0.9%

Value ($000) $28,906 (-41.2%) Shares 733,849 (-30.7%) Est. Cost $44.33 Unrealized -7.9%

GOOG ALPHABET INC 1.4%

Value ($000) $45,364 (-30.6%) Shares 144,565 (-46.1%) Est. Cost $209.93 Unrealized +36.4%

ROK ROCKWELL AUTOMATION INC 1.2%

Value ($000) $40,166 (-32.7%) Shares 103,237 (-39.5%) Est. Cost $277.34 Unrealized +35.3%

UNP UNION PAC CORP 0.8%

Value ($000) $25,289 (-42.6%) Shares 109,325 (-41.3%) Est. Cost $223.15 Unrealized +1.9%

COF CAPITAL ONE FINL CORP 0.7%

Value ($000) $24,686 (-39.4%) Shares 101,856 (-46.8%) Est. Cost $115.24 Unrealized +92.8%

PGR PROGRESSIVE CORP 0.8%

Value ($000) $26,824 (-37.1%) Shares 117,793 (-31.8%) Est. Cost $231.70 Unrealized -8.4%

BAH BOOZ ALLEN HAMILTON HLDG COR 0.6%

Value ($000) $21,424 (-40.7%) Shares 253,954 (-29.7%) Est. Cost $108.63 Unrealized -18.5%

URI UNITED RENTALS INC 0.7%

Value ($000) $23,636 (-37.9%) Shares 29,205 (-26.8%) Est. Cost $682.18 Unrealized +27.1%

SNX TD SYNNEX CORPORATION 0.9%

Value ($000) $29,806 (-31.1%) Shares 198,400 (-24.9%) Est. Cost $114.46 Unrealized +33.5%

META META PLATFORMS INC 0.7%

Value ($000) $21,652 (-37.5%) Shares 32,802 (-30.5%) Est. Cost $616.61 Unrealized +8.2%

MCO MOODYS CORP 1.4%

Value ($000) $47,960 (-15.3%) Shares 93,883 (-21.0%) Est. Cost $482.96 Unrealized +0.9%

PWR QUANTA SVCS INC 0.6%

Value ($000) $20,266 (-22.5%) Shares 48,017 (-23.9%) Est. Cost $288.64 Unrealized +52.2%

HUM HUMANA INC 0.5%

Value ($000) $16,652 (-25.2%) Shares 65,015 (-24.0%) Est. Cost $249.07 Unrealized +4.9%

MKSI MKS INC. 0.9%

Value ($000) $29,808 (+20.3%) Shares 186,535 (-6.8%) Est. Cost $106.31 Unrealized +39.4%

VTR VENTAS INC 0.6%

Value ($000) $20,154 (-19.7%) Shares 260,450 (-27.4%) Est. Cost $63.96 Unrealized +17.2%

ROST ROSS STORES INC 0.4%

Value ($000) $13,742 (-25.4%) Shares 76,287 (-36.9%) Est. Cost $144.14 Unrealized +15.6%

RRC RANGE RES CORP 0.4%

Value ($000) $13,714 (-23.9%) Shares 388,950 (-18.7%) Est. Cost $31.16 Unrealized +19.5%

A AGILENT TECHNOLOGIES INC 0.6%

Value ($000) $20,451 (-16.1%) Shares 150,300 (-20.9%) Est. Cost $120.55 Unrealized +19.2%

ESE ESCO TECHNOLOGIES INC 0.4%

Value ($000) $13,648 (-20.9%) Shares 69,850 (-14.6%) Est. Cost $110.38 Unrealized +90.9%

HXL HEXCEL CORP NEW 1.1%

Value ($000) $37,513 (-7.9%) Shares 507,625 (-21.8%) Est. Cost $65.63 Unrealized +7.7%

AMKR AMKOR TECHNOLOGY INC 0.5%

Value ($000) $15,174 (+25.4%) Shares 384,350 (-9.8%) Est. Cost $23.96 Unrealized +48.3%

PNW PINNACLE WEST CAP CORP 0.4%

Value ($000) $14,782 (-16.6%) Shares 166,650 (-15.7%) Est. Cost $88.79 Unrealized +0.5%

IDA IDACORP INC 0.5%

Value ($000) $16,532 (-14.5%) Shares 130,625 (-10.7%) Est. Cost $97.87 Unrealized +32.9%

MSM MSC INDL DIRECT INC 0.3%

Value ($000) $9,558 (-20.7%) Shares 113,650 (-13.1%) Est. Cost $94.97 Unrealized -8.7%

DTM DT MIDSTREAM INC 0.4%

Value ($000) $14,535 (-14.2%) Shares 121,450 (-18.9%) Est. Cost $100.37 Unrealized +13.9%

OGE OGE ENERGY CORP 0.5%

Value ($000) $16,256 (-12.7%) Shares 380,700 (-5.4%) Est. Cost $35.58 Unrealized +25.4%

SEI SOLARIS ENERGY INFRAS INC 1.1%

Value ($000) $37,369 (+6.6%) Shares 812,901 (-7.3%) Est. Cost $31.12 Unrealized +55.2%

MUSA MURPHY USA INC 0.2%

Value ($000) $7,899 (-20.6%) Shares 19,575 (-23.6%) Est. Cost $452.94 Unrealized -15.4%

SGI SOMNIGROUP INTERNATIONAL INC 0.3%

Value ($000) $10,950 (-15.5%) Shares 122,647 (-20.2%) Est. Cost $53.88 Unrealized +62.1%

SHOO MADDEN STEVEN LTD 0.2%

Value ($000) $8,182 (-18.3%) Shares 196,500 (-34.3%) Est. Cost $27.75 Unrealized +38.5%

AXS AXIS CAP HLDGS LTD 0.3%

Value ($000) $10,323 (-14.8%) Shares 96,400 (-23.8%) Est. Cost $73.37 Unrealized +35.4%

CFG CITIZENS FINL GROUP INC 0.7%

Value ($000) $23,674 (-6.7%) Shares 405,300 (-15.1%) Est. Cost $49.19 Unrealized +8.9%

WCC WESCO INTL INC 0.4%

Value ($000) $13,584 (+14.3%) Shares 55,525 (-1.2%) Est. Cost $165.27 Unrealized +48.2%

SNDR SCHNEIDER NATIONAL INC 0.3%

Value ($000) $10,225 (+19.7%) Shares 385,400 (-4.5%) Est. Cost $25.41 Unrealized -7.1%

REYN REYNOLDS CONSUMER PRODS INC 0.3%

Value ($000) $9,284 (-14.8%) Shares 405,050 (-9.0%) Est. Cost $24.94 Unrealized -4.7%

DOV DOVER CORP 0.7%

Value ($000) $23,644 (+6.8%) Shares 121,100 (-8.7%) Est. Cost $144.05 Unrealized +26.2%

JBL JABIL INC 1.4%

Value ($000) $47,279 (+3.1%) Shares 207,345 (-1.8%) Est. Cost $187.11 Unrealized +14.0%

TNC TENNANT CO 0.3%

Value ($000) $10,613 (-10.2%) Shares 144,000 (-1.2%) Est. Cost $82.06 Unrealized -7.1%

BRKR BRUKER CORP 0.5%

Value ($000) $17,096 (+6.1%) Shares 362,900 (-26.8%) Est. Cost $45.21 Unrealized -6.6%

KNX KNIGHT-SWIFT TRANSN HLDGS IN 1.1%

Value ($000) $35,160 (-2.4%) Shares 672,529 (-26.3%) Est. Cost $42.52 Unrealized +10.0%

TEL TE CONNECTIVITY PLC 0.7%

Value ($000) $22,033 (-3.3%) Shares 96,844 (-6.7%) Est. Cost $146.70 Unrealized +57.7%

GLW CORNING INC 0.7%

Value ($000) $23,404 (+2.9%) Shares 267,295 (-3.6%) Est. Cost $46.30 Unrealized +85.7%

EGP EASTGROUP PPTYS INC 1.1%

Value ($000) $37,022 (+1.6%) Shares 207,825 (-3.4%) Est. Cost $168.34 Unrealized —

TKR TIMKEN CO 0.4%

Value ($000) $11,795 (-4.8%) Shares 140,200 (-14.9%) Est. Cost $78.63 Unrealized +1.2%

VMI VALMONT INDS INC 0.4%

Value ($000) $13,277 (+2.7%) Shares 33,000 (-1.0%) Est. Cost $287.53 Unrealized +41.5%

MRK MERCK & CO INC 0.8%

Value ($000) $26,169 (+1.3%) Shares 248,609 (-19.2%) Est. Cost $81.01 Unrealized +15.1%

AEIS ADVANCED ENERGY INDS 0.5%

Value ($000) $16,676 (+1.3%) Shares 79,650 (-17.7%) Est. Cost $114.65 Unrealized +77.4%

FUL FULLER H B CO 0.3%

Value ($000) $11,110 (-0.9%) Shares 186,850 (-1.2%) Est. Cost $59.56 Unrealized -1.8%

ADC AGREE RLTY CORP 0.4%

Value ($000) $12,425 (+0.2%) Shares 172,500 (-1.2%) Est. Cost $66.59 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EXE	EXPAND ENERGY CORPORATION	183,493 (-72.4%)	$20,250 (-71.3%)	0.6%	$92.23	+20.0%	COM	165167735
WMT	WALMART INC	14,459 (-97.0%)	$1,611 (-96.7%)	0.0%	$95.57	+12.2%	COM	931142103
PPL	PPL CORP	727,615 (-62.0%)	$25,481 (-64.2%)	0.8%	$33.65	+6.5%	COM	69351T106
IR	INGERSOLL RAND INC	298,247 (-63.7%)	$23,627 (-65.2%)	0.7%	$79.11	-0.2%	COM	45687V106
AMT	AMERICAN TOWER CORP NEW	11,996 (-94.6%)	$2,106 (-95.1%)	0.1%	$185.71	-2.9%	COM	03027X100
AON	AON PLC	3,291 (-96.9%)	$1,161 (-97.0%)	0.0%	$310.48	+12.5%	SHS CL A	G0403H108
FANG	DIAMONDBACK ENERGY INC	133,150 (-66.1%)	$20,016 (-64.3%)	0.6%	$152.59	-3.6%	COM	25278X109
VRT	VERTIV HOLDINGS CO	224,063 (-53.0%)	$36,300 (-49.5%)	1.1%	$112.48	+54.3%	COM CL A	92537N108
SF	STIFEL FINL CORP	184,850 (-62.6%)	$23,147 (-58.8%)	0.7%	$111.58	+7.2%	COM	860630102
DAL	DELTA AIR LINES INC DEL	279,548 (-69.3%)	$19,401 (-62.5%)	0.6%	$57.91	+7.8%	COM NEW	247361702
FLS	FLOWSERVE CORP	338,433 (-66.2%)	$23,480 (-55.9%)	0.7%	$50.39	+27.2%	COM	34354P105
WDC	WESTERN DIGITAL CORP	230,419 (-59.9%)	$39,694 (-42.5%)	1.2%	$53.81	+181.7%	COM	958102105
JPM	JPMORGAN CHASE & CO.	133,171 (-41.1%)	$42,910 (-39.8%)	1.3%	$148.80	+108.0%	COM	46625H100
AEE	AMEREN CORP	258,902 (-46.5%)	$25,854 (-48.8%)	0.8%	$94.27	+8.2%	COM	023608102
RJF	RAYMOND JAMES FINL INC	148,165 (-47.1%)	$23,794 (-50.8%)	0.7%	$106.17	+51.6%	COM	754730109
CVX	CHEVRON CORP NEW	171,496 (-46.3%)	$26,138 (-47.2%)	0.8%	$152.28	-0.6%	COM	166764100
LEN	LENNAR CORP	158,812 (-49.1%)	$16,326 (-58.5%)	0.5%	$123.12	-2.0%	CL A	526057104
SBUX	STARBUCKS CORP	331,875 (-44.3%)	$27,947 (-44.6%)	0.8%	$83.68	+0.4%	COM	855244109
MDLZ	MONDELEZ INTL INC	465,050 (-38.7%)	$25,034 (-47.2%)	0.8%	$63.32	-9.9%	CL A	609207105
JCI	JOHNSON CTLS INTL PLC	214,728 (-50.7%)	$25,714 (-46.4%)	0.8%	$70.64	+62.5%	SHS	G51502105
KEY	KEYCORP	2,437,363 (-36.8%)	$50,307 (-30.2%)	1.5%	$12.81	+44.3%	COM	493267108
ELS	EQUITY LIFESTYLE PPTYS INC	463,002 (-42.6%)	$28,063 (-42.6%)	0.8%	$66.48	—	COM	29472R108
CHD	CHURCH & DWIGHT CO INC	290,028 (-43.4%)	$24,319 (-45.9%)	0.7%	$103.07	-17.3%	COM	171340102
HD	HOME DEPOT INC	67,938 (-37.4%)	$23,377 (-46.8%)	0.7%	$308.77	+18.1%	COM	437076102
IP	INTERNATIONAL PAPER CO	733,849 (-30.7%)	$28,906 (-41.2%)	0.9%	$44.33	-7.9%	COM	460146103
GOOG	ALPHABET INC	144,565 (-46.1%)	$45,364 (-30.6%)	1.4%	$209.93	+36.4%	CAP STK CL C	02079K107
ROK	ROCKWELL AUTOMATION INC	103,237 (-39.5%)	$40,166 (-32.7%)	1.2%	$277.34	+35.3%	COM	773903109
UNP	UNION PAC CORP	109,325 (-41.3%)	$25,289 (-42.6%)	0.8%	$223.15	+1.9%	COM	907818108
COF	CAPITAL ONE FINL CORP	101,856 (-46.8%)	$24,686 (-39.4%)	0.7%	$115.24	+92.8%	COM	14040H105
PGR	PROGRESSIVE CORP	117,793 (-31.8%)	$26,824 (-37.1%)	0.8%	$231.70	-8.4%	COM	743315103
BAH	BOOZ ALLEN HAMILTON HLDG COR	253,954 (-29.7%)	$21,424 (-40.7%)	0.6%	$108.63	-18.5%	CL A	099502106
URI	UNITED RENTALS INC	29,205 (-26.8%)	$23,636 (-37.9%)	0.7%	$682.18	+27.1%	COM	911363109
SNX	TD SYNNEX CORPORATION	198,400 (-24.9%)	$29,806 (-31.1%)	0.9%	$114.46	+33.5%	COM	87162W100
META	META PLATFORMS INC	32,802 (-30.5%)	$21,652 (-37.5%)	0.7%	$616.61	+8.2%	CL A	30303M102
MCO	MOODYS CORP	93,883 (-21.0%)	$47,960 (-15.3%)	1.4%	$482.96	+0.9%	COM	615369105
PWR	QUANTA SVCS INC	48,017 (-23.9%)	$20,266 (-22.5%)	0.6%	$288.64	+52.2%	COM	74762E102
HUM	HUMANA INC	65,015 (-24.0%)	$16,652 (-25.2%)	0.5%	$249.07	+4.9%	COM	444859102
MKSI	MKS INC.	186,535 (-6.8%)	$29,808 (+20.3%)	0.9%	$106.31	+39.4%	COM	55306N104
VTR	VENTAS INC	260,450 (-27.4%)	$20,154 (-19.7%)	0.6%	$63.96	+17.2%	COM	92276F100
ROST	ROSS STORES INC	76,287 (-36.9%)	$13,742 (-25.4%)	0.4%	$144.14	+15.6%	COM	778296103
RRC	RANGE RES CORP	388,950 (-18.7%)	$13,714 (-23.9%)	0.4%	$31.16	+19.5%	COM	75281A109
A	AGILENT TECHNOLOGIES INC	150,300 (-20.9%)	$20,451 (-16.1%)	0.6%	$120.55	+19.2%	COM	00846U101
ESE	ESCO TECHNOLOGIES INC	69,850 (-14.6%)	$13,648 (-20.9%)	0.4%	$110.38	+90.9%	COM	296315104
HXL	HEXCEL CORP NEW	507,625 (-21.8%)	$37,513 (-7.9%)	1.1%	$65.63	+7.7%	COM	428291108
AMKR	AMKOR TECHNOLOGY INC	384,350 (-9.8%)	$15,174 (+25.4%)	0.5%	$23.96	+48.3%	COM	031652100
PNW	PINNACLE WEST CAP CORP	166,650 (-15.7%)	$14,782 (-16.6%)	0.4%	$88.79	+0.5%	COM	723484101
IDA	IDACORP INC	130,625 (-10.7%)	$16,532 (-14.5%)	0.5%	$97.87	+32.9%	COM	451107106
MSM	MSC INDL DIRECT INC	113,650 (-13.1%)	$9,558 (-20.7%)	0.3%	$94.97	-8.7%	CL A	553530106
DTM	DT MIDSTREAM INC	121,450 (-18.9%)	$14,535 (-14.2%)	0.4%	$100.37	+13.9%	COMMON STOCK	23345M107
OGE	OGE ENERGY CORP	380,700 (-5.4%)	$16,256 (-12.7%)	0.5%	$35.58	+25.4%	COM	670837103
SEI	SOLARIS ENERGY INFRAS INC	812,901 (-7.3%)	$37,369 (+6.6%)	1.1%	$31.12	+55.2%	COM CL A	83418M103
MUSA	MURPHY USA INC	19,575 (-23.6%)	$7,899 (-20.6%)	0.2%	$452.94	-15.4%	COM	626755102
SGI	SOMNIGROUP INTERNATIONAL INC	122,647 (-20.2%)	$10,950 (-15.5%)	0.3%	$53.88	+62.1%	COM	88023U101
SHOO	MADDEN STEVEN LTD	196,500 (-34.3%)	$8,182 (-18.3%)	0.2%	$27.75	+38.5%	COM	556269108
AXS	AXIS CAP HLDGS LTD	96,400 (-23.8%)	$10,323 (-14.8%)	0.3%	$73.37	+35.4%	SHS	G0692U109
CFG	CITIZENS FINL GROUP INC	405,300 (-15.1%)	$23,674 (-6.7%)	0.7%	$49.19	+8.9%	COM	174610105
WCC	WESCO INTL INC	55,525 (-1.2%)	$13,584 (+14.3%)	0.4%	$165.27	+48.2%	COM	95082P105
SNDR	SCHNEIDER NATIONAL INC	385,400 (-4.5%)	$10,225 (+19.7%)	0.3%	$25.41	-7.1%	CL B	80689H102
REYN	REYNOLDS CONSUMER PRODS INC	405,050 (-9.0%)	$9,284 (-14.8%)	0.3%	$24.94	-4.7%	COM	76171L106
DOV	DOVER CORP	121,100 (-8.7%)	$23,644 (+6.8%)	0.7%	$144.05	+26.2%	COM	260003108
JBL	JABIL INC	207,345 (-1.8%)	$47,279 (+3.1%)	1.4%	$187.11	+14.0%	COM	466313103
TNC	TENNANT CO	144,000 (-1.2%)	$10,613 (-10.2%)	0.3%	$82.06	-7.1%	COM	880345103
BRKR	BRUKER CORP	362,900 (-26.8%)	$17,096 (+6.1%)	0.5%	$45.21	-6.6%	COM	116794108
KNX	KNIGHT-SWIFT TRANSN HLDGS IN	672,529 (-26.3%)	$35,160 (-2.4%)	1.1%	$42.52	+10.0%	CL A	499049104
TEL	TE CONNECTIVITY PLC	96,844 (-6.7%)	$22,033 (-3.3%)	0.7%	$146.70	+57.7%	ORD SHS	G87052109
GLW	CORNING INC	267,295 (-3.6%)	$23,404 (+2.9%)	0.7%	$46.30	+85.7%	COM	219350105
EGP	EASTGROUP PPTYS INC	207,825 (-3.4%)	$37,022 (+1.6%)	1.1%	$168.34	—	COM	277276101
TKR	TIMKEN CO	140,200 (-14.9%)	$11,795 (-4.8%)	0.4%	$78.63	+1.2%	COM	887389104
VMI	VALMONT INDS INC	33,000 (-1.0%)	$13,277 (+2.7%)	0.4%	$287.53	+41.5%	COM	920253101
MRK	MERCK & CO INC	248,609 (-19.2%)	$26,169 (+1.3%)	0.8%	$81.01	+15.1%	COM	58933Y105
AEIS	ADVANCED ENERGY INDS	79,650 (-17.7%)	$16,676 (+1.3%)	0.5%	$114.65	+77.4%	COM	007973100
FUL	FULLER H B CO	186,850 (-1.2%)	$11,110 (-0.9%)	0.3%	$59.56	-1.8%	COM	359694106
ADC	AGREE RLTY CORP	172,500 (-1.2%)	$12,425 (+0.2%)	0.4%	$66.59	—	COM	008492100

Unchanged Positions (4)

VMC VULCAN MATLS CO 0.5%

Value ($000) $18,104 Shares 63,475 Est. Cost $233.13 Unrealized +25.7%

MTDR MATADOR RES CO 0.4%

Value ($000) $14,585 Shares 343,650 Est. Cost $55.60 Unrealized -24.5%

CNP CENTERPOINT ENERGY INC 0.6%

Value ($000) $20,533 Shares 535,550 Est. Cost $36.53 Unrealized +6.4%

HLIO HELIOS TECHNOLOGIES INC 0.3%

Value ($000) $10,259 Shares 191,800 Est. Cost $44.91 Unrealized +20.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VMC	VULCAN MATLS CO	63,475	$18,104	0.5%	$233.13	+25.7%	COM	929160109
MTDR	MATADOR RES CO	343,650	$14,585	0.4%	$55.60	-24.5%	COM	576485205
CNP	CENTERPOINT ENERGY INC	535,550	$20,533	0.6%	$36.53	+6.4%	COM	15189T107
HLIO	HELIOS TECHNOLOGIES INC	191,800	$10,259	0.3%	$44.91	+20.0%	COM	42328H109