Values First Advisors, Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IAU	ISHARES GOLD TR	21,675	$1,759	0.9%	$81.17	—	ISHARES NEW	464285204
GLD	SPDR GOLD TR	4,279	$1,696	0.9%	$396.30	—	GOLD SHS	78463V107
SLV	ISHARES SILVER TR	17,606	$1,134	0.6%	$64.42	—	ISHARES	46428Q109
ASML	ASML HOLDING N V	846	$905	0.5%	$1069.83	—	N Y REGISTRY SHS	N07059210
ARGX	ARGENX SE	1,025	$862	0.4%	$840.64	—	SPONSORED ADR	04016X101
COKE	COCA COLA CONS INC	5,437	$833	0.4%	$146.39	0.0%	COM	191098102
TSM	TAIWAN SEMICONDUCTOR MFG LTD	1,802	$547	0.3%	$303.81	—	SPONSORED ADS	874039100
ANET	ARISTA NETWORKS INC	3,310	$434	0.2%	$137.66	0.0%	COM SHS	040413205
SAP	SAP SE	1,566	$380	0.2%	$242.87	—	SPON ADR	803054204
NEE	NEXTERA ENERGY INC	4,475	$359	0.2%	$82.50	0.0%	COM	65339F101
AMD	ADVANCED MICRO DEVICES INC	1,365	$292	0.2%	$224.60	0.0%	COM	007903107
MDB	MONGODB INC	675	$283	0.1%	$363.83	0.0%	CL A	60937P106
SOVF	ELEVATION SERIES TRUST	9,008	$263	0.1%	$29.18	—	SOVEREIGNS CAPIT	210322202
TRIN	TRINITY CAP INC	17,394	$255	0.1%	$14.09	0.0%	COM	896442308
DELL	DELL TECHNOLOGIES INC	1,872	$236	0.1%	$140.75	0.0%	CL C	24703L202
PCVX	VAXCYTE INC	4,680	$216	0.1%	$44.73	0.0%	COM	92243G108
LBRT	LIBERTY ENERGY INC	11,426	$211	0.1%	$16.71	0.0%	COM CL A	53115L104
CLDX	CELLDEX THERAPEUTICS INC NEW	7,728	$210	0.1%	$26.34	0.0%	COM NEW	15117B202
DTM	DT MIDSTREAM INC	1,700	$203	0.1%	$114.29	0.0%	COMMON STOCK	23345M107
ESLG	STRATEGY SHS	7,068	$176	0.1%	$24.95	—	EVENTIDE LARGE C	86280R118
ANGX	ANGEL STUDIOS INC	25,088	$117	0.1%	$5.93	0.0%	CL A COM	034948109
ESSC	STRATEGY SHS	4,188	$108	0.1%	$25.90	—	EVENTIDE SMALL C	86280R134
ESLV	STRATEGY SHS	3,121	$79	0.0%	$25.35	—	EVENTIDE LARGE C	86280R126
OASC	UNIFIED SER TR	825	$24	0.0%	$29.45	—	ONEASCENT ENHANC	90470L295

Increased Positions (60)

VGSH VANGUARD SCOTTSDALE FDS 4.9%

Value ($000) $9,480 (+5.1%) Shares 161,413 (+5.3%) Est. Cost $59.24 Unrealized —

ESUM STRATEGY SHS 0.5%

Value ($000) $932 (+83.4%) Shares 34,599 (+85.2%) Est. Cost $25.94 Unrealized —

SHY ISHARES TR 3.8%

Value ($000) $7,235 (+5.8%) Shares 87,362 (+6.0%) Est. Cost $82.67 Unrealized —

LRCX LAM RESEARCH CORP 0.8%

Value ($000) $1,461 (+29.1%) Shares 8,536 (+1.0%) Est. Cost $76.07 Unrealized +104.2%

ISTB ISHARES TR 3.5%

Value ($000) $6,685 (+4.9%) Shares 137,130 (+5.1%) Est. Cost $48.69 Unrealized —

MDT MEDTRONIC PLC 0.3%

Value ($000) $496 (+143.0%) Shares 5,163 (+140.9%) Est. Cost $94.70 Unrealized +2.6%

GEV GE VERNOVA INC 1.1%

Value ($000) $2,172 (+13.9%) Shares 3,323 (+7.1%) Est. Cost $346.22 Unrealized +75.9%

AVGO BROADCOM INC 0.6%

Value ($000) $1,252 (+26.5%) Shares 3,617 (+20.6%) Est. Cost $220.04 Unrealized +62.2%

NEAR ISHARES U S ETF TR 2.4%

Value ($000) $4,587 (+5.9%) Shares 89,757 (+6.2%) Est. Cost $50.30 Unrealized —

AXP AMERICAN EXPRESS CO 0.7%

Value ($000) $1,343 (+22.0%) Shares 3,632 (+9.5%) Est. Cost $295.07 Unrealized +21.0%

MINT PIMCO ETF TR 2.4%

Value ($000) $4,589 (+5.5%) Shares 45,730 (+5.9%) Est. Cost $101.31 Unrealized —

SPGI S&P GLOBAL INC 0.6%

Value ($000) $1,156 (+25.3%) Shares 2,213 (+16.7%) Est. Cost $473.90 Unrealized +4.3%

IEI ISHARES TR 2.8%

Value ($000) $5,386 (+4.3%) Shares 45,132 (+4.4%) Est. Cost $116.73 Unrealized —

IEF ISHARES TR 2.8%

Value ($000) $5,337 (+4.2%) Shares 55,499 (+4.5%) Est. Cost $94.99 Unrealized —

BIL SPDR SERIES TRUST 1.9%

Value ($000) $3,686 (+6.1%) Shares 40,336 (+6.6%) Est. Cost $91.72 Unrealized —

TPSC TIMOTHY PLAN 0.1%

Value ($000) $282 (+297.4%) Shares 6,797 (+298.4%) Est. Cost $40.98 Unrealized —

ORLY OREILLY AUTOMOTIVE INC 0.7%

Value ($000) $1,287 (-13.4%) Shares 14,106 (+2.3%) Est. Cost $90.13 Unrealized +8.4%

BIBL NORTHERN LTS FD TR IV 0.3%

Value ($000) $669 (+38.5%) Shares 14,816 (+36.4%) Est. Cost $34.74 Unrealized —

CEG CONSTELLATION ENERGY CORP 0.4%

Value ($000) $689 (+35.5%) Shares 1,951 (+26.2%) Est. Cost $267.41 Unrealized +35.8%

RPRX ROYALTY PHARMA PLC 0.4%

Value ($000) $781 (+29.5%) Shares 20,206 (+18.3%) Est. Cost $30.54 Unrealized +24.9%

LLY ELI LILLY & CO 0.2%

Value ($000) $448 (+64.3%) Shares 417 (+16.8%) Est. Cost $850.25 Unrealized +12.4%

BILS SPDR SERIES TRUST 0.8%

Value ($000) $1,561 (+11.6%) Shares 15,734 (+11.9%) Est. Cost $99.27 Unrealized —

NLY ANNALY CAPITAL MANAGEMENT IN 0.4%

Value ($000) $819 (+23.1%) Shares 36,611 (+11.2%) Est. Cost $19.11 Unrealized —

SGOV ISHARES TR 1.7%

Value ($000) $3,348 (+4.7%) Shares 33,355 (+5.1%) Est. Cost $100.64 Unrealized —

WELL WELLTOWER INC 0.6%

Value ($000) $1,245 (+12.2%) Shares 6,710 (+7.7%) Est. Cost $78.09 Unrealized +138.8%

OALC UNIFIED SER TR 0.1%

Value ($000) $267 (+91.6%) Shares 7,523 (+88.2%) Est. Cost $35.11 Unrealized —

OHI OMEGA HEALTHCARE INVS INC 0.5%

Value ($000) $973 (+14.8%) Shares 21,942 (+9.3%) Est. Cost $35.19 Unrealized —

NVDA NVIDIA CORPORATION 1.1%

Value ($000) $2,083 (+6.3%) Shares 11,171 (+6.4%) Est. Cost $127.88 Unrealized +45.6%

SITM SITIME CORP 0.3%

Value ($000) $650 (+23.1%) Shares 1,842 (+5.0%) Est. Cost $195.37 Unrealized +60.2%

ELCV STRATEGY SHS 0.2%

Value ($000) $347 (+51.6%) Shares 13,074 (+52.8%) Est. Cost $25.75 Unrealized —

URI UNITED RENTALS INC 0.4%

Value ($000) $822 (-11.6%) Shares 1,015 (+4.2%) Est. Cost $706.98 Unrealized +22.6%

TT TRANE TECHNOLOGIES PLC 0.9%

Value ($000) $1,792 (-5.5%) Shares 4,605 (+2.4%) Est. Cost $202.31 Unrealized +104.4%

INTU INTUIT 0.4%

Value ($000) $734 (+14.1%) Shares 1,109 (+17.6%) Est. Cost $638.29 Unrealized +3.5%

TPLC TIMOTHY PLAN 0.3%

Value ($000) $563 (+17.8%) Shares 12,397 (+20.0%) Est. Cost $44.38 Unrealized —

KLAC KLA CORP 0.2%

Value ($000) $338 (+31.7%) Shares 279 (+17.2%) Est. Cost $810.76 Unrealized +44.5%

AXON AXON ENTERPRISE INC 0.2%

Value ($000) $479 (-14.2%) Shares 843 (+8.5%) Est. Cost $588.05 Unrealized +5.5%

STAG STAG INDL INC 0.3%

Value ($000) $590 (+13.3%) Shares 16,050 (+8.7%) Est. Cost $38.88 Unrealized —

HD HOME DEPOT INC 0.2%

Value ($000) $375 (-13.9%) Shares 1,089 (+1.4%) Est. Cost $382.89 Unrealized -4.8%

ROK ROCKWELL AUTOMATION INC 0.1%

Value ($000) $263 (+27.8%) Shares 676 (+14.8%) Est. Cost $294.15 Unrealized +27.6%

HUBS HUBSPOT INC 0.2%

Value ($000) $405 (-11.8%) Shares 1,010 (+2.7%) Est. Cost $289.46 Unrealized +43.1%

NOW SERVICENOW INC 0.3%

Value ($000) $508 (-7.4%) Shares 3,318 (+456.7%) Est. Cost $174.78 Unrealized -1.9%

FERG FERGUSON ENTERPRISES INC 0.1%

Value ($000) $280 (+16.0%) Shares 1,256 (+17.1%) Est. Cost $203.43 Unrealized +17.0%

TLT ISHARES TR 1.0%

Value ($000) $1,905 (+1.9%) Shares 21,856 (+4.5%) Est. Cost $93.69 Unrealized —

HBAN HUNTINGTON BANCSHARES INC 0.2%

Value ($000) $346 (+11.4%) Shares 19,960 (+10.9%) Est. Cost $15.73 Unrealized +3.5%

ETR ENTERGY CORP NEW 0.2%

Value ($000) $312 (+12.2%) Shares 3,371 (+13.1%) Est. Cost $82.08 Unrealized +15.2%

OAIM UNIFIED SER TR 0.1%

Value ($000) $252 (+15.0%) Shares 6,083 (+11.7%) Est. Cost $40.34 Unrealized —

TPIF TIMOTHY PLAN 0.1%

Value ($000) $119 (+28.5%) Shares 3,425 (+23.7%) Est. Cost $32.98 Unrealized —

PANW PALO ALTO NETWORKS INC 0.3%

Value ($000) $556 (+4.9%) Shares 3,021 (+15.9%) Est. Cost $155.99 Unrealized +29.3%

LIN LINDE PLC 0.5%

Value ($000) $935 (-2.5%) Shares 2,193 (+8.6%) Est. Cost $439.57 Unrealized -2.8%

CDNS CADENCE DESIGN SYSTEM INC 0.2%

Value ($000) $479 (-4.4%) Shares 1,531 (+7.4%) Est. Cost $290.19 Unrealized +12.4%

COLD AMERICOLD REALTY TRUST INC 0.1%

Value ($000) $261 (+8.5%) Shares 20,292 (+3.3%) Est. Cost $28.65 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.2%

Value ($000) $306 (+6.8%) Shares 3,210 (+9.4%) Est. Cost $87.97 Unrealized +11.4%

AJG GALLAGHER ARTHUR J & CO 0.2%

Value ($000) $320 (-4.6%) Shares 1,236 (+14.2%) Est. Cost $213.70 Unrealized +23.6%

TLH ISHARES TR 1.0%

Value ($000) $1,898 (+0.7%) Shares 18,665 (+2.0%) Est. Cost $104.71 Unrealized —

GBIL GOLDMAN SACHS ETF TR 0.1%

Value ($000) $246 (+1.3%) Shares 2,460 (+1.7%) Est. Cost $100.11 Unrealized —

WY WEYERHAEUSER CO MTN BE 0.2%

Value ($000) $406 (-0.7%) Shares 17,147 (+3.9%) Est. Cost $25.42 Unrealized -9.6%

EXR EXTRA SPACE STORAGE INC 0.3%

Value ($000) $532 (-0.4%) Shares 4,082 (+7.8%) Est. Cost $123.43 Unrealized +9.4%

KIM KIMCO RLTY CORP 0.3%

Value ($000) $604 (+0.2%) Shares 29,808 (+8.0%) Est. Cost $18.16 Unrealized +13.3%

IBD NORTHERN LTS FD TR IV 0.0%

Value ($000) $56 (+1.7%) Shares 2,317 (+1.5%) Est. Cost $24.25 Unrealized —

ISMD NORTHERN LTS FD TR IV 0.0%

Value ($000) $16 (+3.0%) Shares 416 (+3.7%) Est. Cost $34.97 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VGSH	VANGUARD SCOTTSDALE FDS	161,413 (+5.3%)	$9,480 (+5.1%)	4.9%	$59.24	—	SHORT TERM TREAS	92206C102
ESUM	STRATEGY SHS	34,599 (+85.2%)	$932 (+83.4%)	0.5%	$25.94	—	EVENTIDE US MRKT	86280R787
SHY	ISHARES TR	87,362 (+6.0%)	$7,235 (+5.8%)	3.8%	$82.67	—	1 3 YR TREAS BD	464287457
LRCX	LAM RESEARCH CORP	8,536 (+1.0%)	$1,461 (+29.1%)	0.8%	$76.07	+104.2%	COM NEW	512807306
ISTB	ISHARES TR	137,130 (+5.1%)	$6,685 (+4.9%)	3.5%	$48.69	—	CORE 1 5 YR USD	46432F859
MDT	MEDTRONIC PLC	5,163 (+140.9%)	$496 (+143.0%)	0.3%	$94.70	+2.6%	SHS	G5960L103
GEV	GE VERNOVA INC	3,323 (+7.1%)	$2,172 (+13.9%)	1.1%	$346.22	+75.9%	COM	36828A101
AVGO	BROADCOM INC	3,617 (+20.6%)	$1,252 (+26.5%)	0.6%	$220.04	+62.2%	COM	11135F101
NEAR	ISHARES U S ETF TR	89,757 (+6.2%)	$4,587 (+5.9%)	2.4%	$50.30	—	SHORT DURATION B	46431W507
AXP	AMERICAN EXPRESS CO	3,632 (+9.5%)	$1,343 (+22.0%)	0.7%	$295.07	+21.0%	COM	025816109
MINT	PIMCO ETF TR	45,730 (+5.9%)	$4,589 (+5.5%)	2.4%	$101.31	—	ENHAN SHRT MA AC	72201R833
SPGI	S&P GLOBAL INC	2,213 (+16.7%)	$1,156 (+25.3%)	0.6%	$473.90	+4.3%	COM	78409V104
IEI	ISHARES TR	45,132 (+4.4%)	$5,386 (+4.3%)	2.8%	$116.73	—	3 7 YR TREAS BD	464288661
IEF	ISHARES TR	55,499 (+4.5%)	$5,337 (+4.2%)	2.8%	$94.99	—	7-10 YR TRSY BD	464287440
BIL	SPDR SERIES TRUST	40,336 (+6.6%)	$3,686 (+6.1%)	1.9%	$91.72	—	STATE STREET SPD	78468R663
TPSC	TIMOTHY PLAN	6,797 (+298.4%)	$282 (+297.4%)	0.1%	$40.98	—	U S SM CP CORE	887432342
ORLY	OREILLY AUTOMOTIVE INC	14,106 (+2.3%)	$1,287 (-13.4%)	0.7%	$90.13	+8.4%	COM	67103H107
BIBL	NORTHERN LTS FD TR IV	14,816 (+36.4%)	$669 (+38.5%)	0.3%	$34.74	—	INSPIRE 100 ETF	66538H534
CEG	CONSTELLATION ENERGY CORP	1,951 (+26.2%)	$689 (+35.5%)	0.4%	$267.41	+35.8%	COM	21037T109
RPRX	ROYALTY PHARMA PLC	20,206 (+18.3%)	$781 (+29.5%)	0.4%	$30.54	+24.9%	SHS CLASS A	G7709Q104
LLY	ELI LILLY & CO	417 (+16.8%)	$448 (+64.3%)	0.2%	$850.25	+12.4%	COM	532457108
BILS	SPDR SERIES TRUST	15,734 (+11.9%)	$1,561 (+11.6%)	0.8%	$99.27	—	STATE STREET SPD	78468R523
NLY	ANNALY CAPITAL MANAGEMENT IN	36,611 (+11.2%)	$819 (+23.1%)	0.4%	$19.11	—	COM NEW	035710839
SGOV	ISHARES TR	33,355 (+5.1%)	$3,348 (+4.7%)	1.7%	$100.64	—	0-3 MNTH TREASRY	46436E718
WELL	WELLTOWER INC	6,710 (+7.7%)	$1,245 (+12.2%)	0.6%	$78.09	+138.8%	COM	95040Q104
OALC	UNIFIED SER TR	7,523 (+88.2%)	$267 (+91.6%)	0.1%	$35.11	—	ONEASCENT LARGE	90470L527
OHI	OMEGA HEALTHCARE INVS INC	21,942 (+9.3%)	$973 (+14.8%)	0.5%	$35.19	—	COM	681936100
NVDA	NVIDIA CORPORATION	11,171 (+6.4%)	$2,083 (+6.3%)	1.1%	$127.88	+45.6%	COM	67066G104
SITM	SITIME CORP	1,842 (+5.0%)	$650 (+23.1%)	0.3%	$195.37	+60.2%	COM	82982T106
ELCV	STRATEGY SHS	13,074 (+52.8%)	$347 (+51.6%)	0.2%	$25.75	—	EVENTIDE HIGH DI	86280R811
URI	UNITED RENTALS INC	1,015 (+4.2%)	$822 (-11.6%)	0.4%	$706.98	+22.6%	COM	911363109
TT	TRANE TECHNOLOGIES PLC	4,605 (+2.4%)	$1,792 (-5.5%)	0.9%	$202.31	+104.4%	SHS	G8994E103
INTU	INTUIT	1,109 (+17.6%)	$734 (+14.1%)	0.4%	$638.29	+3.5%	COM	461202103
TPLC	TIMOTHY PLAN	12,397 (+20.0%)	$563 (+17.8%)	0.3%	$44.38	—	US LRGMD CP CORE	887432359
KLAC	KLA CORP	279 (+17.2%)	$338 (+31.7%)	0.2%	$810.76	+44.5%	COM NEW	482480100
AXON	AXON ENTERPRISE INC	843 (+8.5%)	$479 (-14.2%)	0.2%	$588.05	+5.5%	COM	05464C101
STAG	STAG INDL INC	16,050 (+8.7%)	$590 (+13.3%)	0.3%	$38.88	—	COM	85254J102
HD	HOME DEPOT INC	1,089 (+1.4%)	$375 (-13.9%)	0.2%	$382.89	-4.8%	COM	437076102
ROK	ROCKWELL AUTOMATION INC	676 (+14.8%)	$263 (+27.8%)	0.1%	$294.15	+27.6%	COM	773903109
HUBS	HUBSPOT INC	1,010 (+2.7%)	$405 (-11.8%)	0.2%	$289.46	+43.1%	COM	443573100
NOW	SERVICENOW INC	3,318 (+456.7%)	$508 (-7.4%)	0.3%	$174.78	-1.9%	COM	81762P102
FERG	FERGUSON ENTERPRISES INC	1,256 (+17.1%)	$280 (+16.0%)	0.1%	$203.43	+17.0%	COMMON STOCK NEW	31488V107
TLT	ISHARES TR	21,856 (+4.5%)	$1,905 (+1.9%)	1.0%	$93.69	—	20 YR TR BD ETF	464287432
HBAN	HUNTINGTON BANCSHARES INC	19,960 (+10.9%)	$346 (+11.4%)	0.2%	$15.73	+3.5%	COM	446150104
ETR	ENTERGY CORP NEW	3,371 (+13.1%)	$312 (+12.2%)	0.2%	$82.08	+15.2%	COM	29364G103
OAIM	UNIFIED SER TR	6,083 (+11.7%)	$252 (+15.0%)	0.1%	$40.34	—	ONEASCENT INTL	90470L444
TPIF	TIMOTHY PLAN	3,425 (+23.7%)	$119 (+28.5%)	0.1%	$32.98	—	INTL ETF	887432334
PANW	PALO ALTO NETWORKS INC	3,021 (+15.9%)	$556 (+4.9%)	0.3%	$155.99	+29.3%	COM	697435105
LIN	LINDE PLC	2,193 (+8.6%)	$935 (-2.5%)	0.5%	$439.57	-2.8%	SHS	G54950103
CDNS	CADENCE DESIGN SYSTEM INC	1,531 (+7.4%)	$479 (-4.4%)	0.2%	$290.19	+12.4%	COM	127387108
COLD	AMERICOLD REALTY TRUST INC	20,292 (+3.3%)	$261 (+8.5%)	0.1%	$28.65	—	COM	03064D108
BSX	BOSTON SCIENTIFIC CORP	3,210 (+9.4%)	$306 (+6.8%)	0.2%	$87.97	+11.4%	COM	101137107
AJG	GALLAGHER ARTHUR J & CO	1,236 (+14.2%)	$320 (-4.6%)	0.2%	$213.70	+23.6%	COM	363576109
TLH	ISHARES TR	18,665 (+2.0%)	$1,898 (+0.7%)	1.0%	$104.71	—	10-20 YR TRS ETF	464288653
GBIL	GOLDMAN SACHS ETF TR	2,460 (+1.7%)	$246 (+1.3%)	0.1%	$100.11	—	ACCES TREASURY	381430529
WY	WEYERHAEUSER CO MTN BE	17,147 (+3.9%)	$406 (-0.7%)	0.2%	$25.42	-9.6%	COM NEW	962166104
EXR	EXTRA SPACE STORAGE INC	4,082 (+7.8%)	$532 (-0.4%)	0.3%	$123.43	+9.4%	COM	30225T102
KIM	KIMCO RLTY CORP	29,808 (+8.0%)	$604 (+0.2%)	0.3%	$18.16	+13.3%	COM	49446R109
IBD	NORTHERN LTS FD TR IV	2,317 (+1.5%)	$56 (+1.7%)	0.0%	$24.25	—	INSPIRE CORP BD	66538H633
ISMD	NORTHERN LTS FD TR IV	416 (+3.7%)	$16 (+3.0%)	0.0%	$34.97	—	INSPIRE SML/ MID	66538H641

Exited Positions (14)

SLP SIMULATIONS PLUS INC 0.4%

Value ($000) $851 Shares 56,458 Est. Cost $35.64 Unrealized -50.8%

NTNX NUTANIX INC 0.3%

Value ($000) $566 Shares 7,608 Est. Cost $64.29 Unrealized -5.0%

EVH EVOLENT HEALTH INC 0.2%

Value ($000) $453 Shares 53,529 Est. Cost $18.01 Unrealized -69.1%

MNDY MONDAY COM LTD 0.2%

Value ($000) $342 Shares 1,764 Est. Cost $203.65 Unrealized -17.3%

WDAY WORKDAY INC 0.2%

Value ($000) $319 Shares 1,323 Est. Cost $247.70 Unrealized -8.3%

TW TRADEWEB MKTS INC 0.2%

Value ($000) $305 Shares 2,751 Est. Cost $132.98 Unrealized -19.3%

RELY REMITLY GLOBAL INC 0.1%

Value ($000) $281 Shares 17,260 Est. Cost $16.01 Unrealized -9.3%

TTD THE TRADE DESK INC 0.1%

Value ($000) $252 Shares 5,142 Est. Cost $64.33 Unrealized -31.1%

NTGR NETGEAR INC 0.1%

Value ($000) $230 Shares 7,095 Est. Cost $26.86 Unrealized +7.1%

IRDM IRIDIUM COMMUNICATIONS INC 0.1%

Value ($000) $213 Shares 12,193 Est. Cost $29.41 Unrealized -39.9%

VITL VITAL FARMS INC 0.1%

Value ($000) $209 Shares 5,071 Est. Cost $33.75 Unrealized +4.3%

XYL XYLEM INC 0.1%

Value ($000) $203 Shares 1,378 Est. Cost $138.06 Unrealized +4.0%

DV DOUBLEVERIFY HLDGS INC 0.1%

Value ($000) $153 Shares 12,754 Est. Cost $14.83 Unrealized -25.6%

PLUR PLURI INC 0.0%

Value ($000) $53 Shares 11,907 Est. Cost $5.60 Unrealized -33.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SLP	SIMULATIONS PLUS INC	56,458	$851	0.4%	$35.64	-50.8%	—	829214105
NTNX	NUTANIX INC	7,608	$566	0.3%	$64.29	-5.0%	—	67059N108
EVH	EVOLENT HEALTH INC	53,529	$453	0.2%	$18.01	-69.1%	—	30050B101
MNDY	MONDAY COM LTD	1,764	$342	0.2%	$203.65	-17.3%	—	M7S64H106
WDAY	WORKDAY INC	1,323	$319	0.2%	$247.70	-8.3%	—	98138H101
TW	TRADEWEB MKTS INC	2,751	$305	0.2%	$132.98	-19.3%	—	892672106
RELY	REMITLY GLOBAL INC	17,260	$281	0.1%	$16.01	-9.3%	—	75960P104
TTD	THE TRADE DESK INC	5,142	$252	0.1%	$64.33	-31.1%	—	88339J105
NTGR	NETGEAR INC	7,095	$230	0.1%	$26.86	+7.1%	—	64111Q104
IRDM	IRIDIUM COMMUNICATIONS INC	12,193	$213	0.1%	$29.41	-39.9%	—	46269C102
VITL	VITAL FARMS INC	5,071	$209	0.1%	$33.75	+4.3%	—	92847W103
XYL	XYLEM INC	1,378	$203	0.1%	$138.06	+4.0%	—	98419M100
DV	DOUBLEVERIFY HLDGS INC	12,754	$153	0.1%	$14.83	-25.6%	—	25862V105
PLUR	PLURI INC	11,907	$53	0.0%	$5.60	-33.4%	—	72942G203

Decreased Positions (86)

HWKN HAWKINS INC 0.7%

Value ($000) $1,389 (-35.7%) Shares 9,776 (-17.3%) Est. Cost $31.96 Unrealized +360.6%

CGNX COGNEX CORP 1.1%

Value ($000) $2,117 (-24.2%) Shares 58,849 (-4.6%) Est. Cost $44.29 Unrealized -8.7%

LOPE GRAND CANYON ED INC 0.8%

Value ($000) $1,491 (-27.7%) Shares 8,963 (-4.5%) Est. Cost $137.78 Unrealized +31.3%

EBS EMERGENT BIOSOLUTIONS INC 2.0%

Value ($000) $3,770 (+16.2%) Shares 305,046 (-17.1%) Est. Cost $4.67 Unrealized +129.5%

GNTX GENTEX CORP 0.9%

Value ($000) $1,777 (-22.1%) Shares 76,362 (-5.3%) Est. Cost $26.43 Unrealized -8.8%

ALNY ALNYLAM PHARMACEUTICALS INC 0.7%

Value ($000) $1,283 (-27.5%) Shares 3,226 (-16.9%) Est. Cost $144.77 Unrealized +205.7%

INSM INSMED INC 0.2%

Value ($000) $358 (-54.5%) Shares 2,057 (-62.4%) Est. Cost $73.95 Unrealized +146.8%

EGY VAALCO ENERGY INC 0.6%

Value ($000) $1,248 (-24.9%) Shares 342,925 (-17.0%) Est. Cost $4.12 Unrealized -11.2%

EXPD EXPEDITORS INTL WASH INC 1.2%

Value ($000) $2,330 (+16.5%) Shares 15,633 (-4.2%) Est. Cost $81.16 Unrealized +67.1%

ENSG ENSIGN GROUP INC 1.7%

Value ($000) $3,235 (-8.4%) Shares 18,568 (-9.2%) Est. Cost $70.19 Unrealized +155.9%

FIZZ NATIONAL BEVERAGE CORP 0.6%

Value ($000) $1,192 (-19.1%) Shares 37,390 (-6.3%) Est. Cost $36.17 Unrealized -5.0%

BBNX BETA BIONICS INC 0.6%

Value ($000) $1,072 (+33.4%) Shares 35,191 (-13.0%) Est. Cost $18.12 Unrealized +47.4%

GH GUARDANT HEALTH INC 1.1%

Value ($000) $2,195 (+13.2%) Shares 21,488 (-30.8%) Est. Cost $38.31 Unrealized +133.5%

DDOG DATADOG INC 0.2%

Value ($000) $390 (-39.3%) Shares 2,866 (-36.4%) Est. Cost $110.45 Unrealized +43.1%

INOD INNODATA INC 0.2%

Value ($000) $298 (-44.9%) Shares 5,857 (-16.6%) Est. Cost $39.45 Unrealized +65.3%

DHI D R HORTON INC 0.4%

Value ($000) $730 (-24.5%) Shares 5,071 (-11.2%) Est. Cost $102.59 Unrealized +48.2%

VST VISTRA CORP 0.4%

Value ($000) $682 (-25.7%) Shares 4,225 (-9.7%) Est. Cost $74.29 Unrealized +144.9%

CHWY CHEWY INC 0.3%

Value ($000) $567 (-27.4%) Shares 17,157 (-11.1%) Est. Cost $39.48 Unrealized -12.1%

AXSM AXSOME THERAPEUTICS INC 0.4%

Value ($000) $804 (+35.6%) Shares 4,402 (-9.8%) Est. Cost $88.54 Unrealized +57.7%

LMAT LEMAITRE VASCULAR INC 0.9%

Value ($000) $1,647 (-11.1%) Shares 20,311 (-4.1%) Est. Cost $43.57 Unrealized +97.3%

ROP ROPER TECHNOLOGIES INC 0.5%

Value ($000) $1,059 (-14.5%) Shares 2,379 (-4.2%) Est. Cost $408.89 Unrealized +13.0%

EOG EOG RES INC 0.8%

Value ($000) $1,613 (-9.9%) Shares 15,357 (-3.8%) Est. Cost $74.00 Unrealized +44.9%

COLL COLLEGIUM PHARMACEUTICAL INC 0.4%

Value ($000) $787 (+27.9%) Shares 17,003 (-3.3%) Est. Cost $22.59 Unrealized +85.2%

SHW SHERWIN WILLIAMS CO 0.2%

Value ($000) $364 (-31.9%) Shares 1,123 (-27.3%) Est. Cost $322.15 Unrealized +3.7%

AFG AMERICAN FINL GROUP INC OHIO 1.0%

Value ($000) $1,842 (-8.3%) Shares 13,473 (-2.2%) Est. Cost $68.43 Unrealized +95.2%

CSV CARRIAGE SVCS INC 0.3%

Value ($000) $603 (-21.4%) Shares 14,258 (-17.2%) Est. Cost $24.56 Unrealized +76.1%

LOW LOWES COS INC 1.3%

Value ($000) $2,482 (-5.8%) Shares 10,290 (-1.8%) Est. Cost $221.39 Unrealized +8.3%

WMB WILLIAMS COS INC 0.3%

Value ($000) $576 (-19.6%) Shares 9,575 (-15.3%) Est. Cost $34.87 Unrealized +72.2%

RXRX RECURSION PHARMACEUTICALS IN 0.2%

Value ($000) $295 (-32.2%) Shares 72,193 (-19.1%) Est. Cost $7.32 Unrealized -32.4%

GGG GRACO INC 0.9%

Value ($000) $1,677 (-7.4%) Shares 20,461 (-4.0%) Est. Cost $80.36 Unrealized +2.0%

SSYS STRATASYS LTD 0.1%

Value ($000) $231 (-36.1%) Shares 26,647 (-17.5%) Est. Cost $15.58 Unrealized -36.4%

SO SOUTHERN CO 0.3%

Value ($000) $582 (-17.6%) Shares 6,679 (-10.5%) Est. Cost $75.74 Unrealized +20.0%

OLN OLIN CORP 0.1%

Value ($000) $260 (-31.9%) Shares 12,484 (-18.3%) Est. Cost $21.11 Unrealized +1.6%

MCHP MICROCHIP TECHNOLOGY INC. 1.2%

Value ($000) $2,303 (-5.0%) Shares 36,137 (-4.2%) Est. Cost $55.62 Unrealized +10.3%

MPWR MONOLITHIC PWR SYS INC 1.5%

Value ($000) $2,971 (-3.9%) Shares 3,277 (-2.4%) Est. Cost $449.50 Unrealized +113.7%

UA UNDER ARMOUR INC 0.2%

Value ($000) $432 (-20.9%) Shares 90,021 (-20.4%) Est. Cost $6.81 Unrealized -34.7%

BMI BADGER METER INC 0.6%

Value ($000) $1,243 (-8.0%) Shares 7,125 (-5.8%) Est. Cost $180.48 Unrealized -0.4%

SRRK SCHOLAR ROCK HLDG CORP 0.4%

Value ($000) $818 (+14.7%) Shares 18,564 (-3.1%) Est. Cost $14.05 Unrealized +166.9%

TOST TOAST INC 0.5%

Value ($000) $1,052 (-8.9%) Shares 29,638 (-6.3%) Est. Cost $24.28 Unrealized +48.5%

LNG CHENIERE ENERGY INC 0.2%

Value ($000) $361 (-21.2%) Shares 1,856 (-4.7%) Est. Cost $207.44 Unrealized +1.2%

FAST FASTENAL CO 0.2%

Value ($000) $346 (-21.2%) Shares 8,620 (-3.7%) Est. Cost $39.42 Unrealized +6.6%

AMSF AMERISAFE INC 0.1%

Value ($000) $249 (-27.1%) Shares 6,475 (-16.8%) Est. Cost $42.00 Unrealized -6.5%

TLN TALEN ENERGY CORP 0.2%

Value ($000) $350 (-20.9%) Shares 935 (-10.2%) Est. Cost $361.29 Unrealized +7.6%

APH AMPHENOL CORP NEW 1.4%

Value ($000) $2,794 (+3.4%) Shares 20,677 (-5.3%) Est. Cost $40.15 Unrealized +232.6%

SKT TANGER INC 0.7%

Value ($000) $1,358 (-6.3%) Shares 40,686 (-5.0%) Est. Cost $10.26 Unrealized —

MTD METTLER TOLEDO INTERNATIONAL 0.4%

Value ($000) $861 (+11.8%) Shares 617 (-1.6%) Est. Cost $1158.20 Unrealized +20.6%

LQDT LIQUIDITY SVCS INC 0.5%

Value ($000) $909 (-9.0%) Shares 30,005 (-17.7%) Est. Cost $7.53 Unrealized +256.5%

GBX GREENBRIER COS INC 0.3%

Value ($000) $511 (-15.0%) Shares 10,932 (-16.0%) Est. Cost $44.55 Unrealized -0.3%

EXEL EXELIXIS INC 0.3%

Value ($000) $643 (-12.1%) Shares 14,673 (-17.1%) Est. Cost $18.51 Unrealized +123.4%

VMC VULCAN MATLS CO 0.3%

Value ($000) $579 (-12.5%) Shares 2,031 (-5.6%) Est. Cost $261.67 Unrealized +12.0%

DCI DONALDSON INC 1.2%

Value ($000) $2,245 (+3.7%) Shares 25,325 (-4.3%) Est. Cost $50.86 Unrealized +69.9%

MSI MOTOROLA SOLUTIONS INC 0.2%

Value ($000) $354 (-18.4%) Shares 924 (-2.6%) Est. Cost $451.95 Unrealized -11.3%

ELAN ELANCO ANIMAL HEALTH INC 0.5%

Value ($000) $994 (-7.1%) Shares 43,943 (-17.3%) Est. Cost $11.70 Unrealized +86.0%

FTDR FRONTDOOR INC 0.2%

Value ($000) $345 (-17.8%) Shares 5,988 (-4.1%) Est. Cost $53.63 Unrealized +9.7%

MIRM MIRUM PHARMACEUTICALS INC 0.7%

Value ($000) $1,297 (-5.4%) Shares 16,424 (-12.2%) Est. Cost $30.65 Unrealized +134.1%

CENT CENTRAL GARDEN & PET CO 0.1%

Value ($000) $262 (-19.7%) Shares 8,140 (-18.4%) Est. Cost $26.67 Unrealized +19.7%

VGT VANGUARD WORLD FD 0.1%

Value ($000) $276 (-18.4%) Shares 366 (-19.2%) Est. Cost $621.80 Unrealized —

— CYBERARK SOFTWARE LTD 0.1%

Value ($000) $225 (-20.4%) Shares 504 (-13.7%) Est. Cost $406.78 Unrealized —

CTRE CARETRUST REIT INC 0.2%

Value ($000) $388 (-12.9%) Shares 10,735 (-16.5%) Est. Cost $20.47 Unrealized —

CRWD CROWDSTRIKE HLDGS INC 0.1%

Value ($000) $240 (-17.8%) Shares 512 (-13.9%) Est. Cost $146.03 Unrealized +248.7%

GIFI GULF IS FABRICATION INC 0.1%

Value ($000) $176 (+40.4%) Shares 14,694 (-17.6%) Est. Cost $4.68 Unrealized +115.0%

PWR QUANTA SVCS INC 0.2%

Value ($000) $357 (-12.3%) Shares 846 (-13.8%) Est. Cost $274.93 Unrealized +59.8%

IRTC IRHYTHM TECHNOLOGIES INC 0.5%

Value ($000) $1,023 (-4.5%) Shares 5,765 (-7.4%) Est. Cost $84.49 Unrealized +109.7%

TMDX TRANSMEDICS GROUP INC 0.4%

Value ($000) $701 (+7.0%) Shares 5,763 (-1.3%) Est. Cost $66.56 Unrealized +88.5%

TTC TORO CO 1.0%

Value ($000) $1,842 (-2.4%) Shares 23,403 (-5.5%) Est. Cost $80.82 Unrealized -8.5%

DG DOLLAR GEN CORP NEW 0.4%

Value ($000) $696 (+6.9%) Shares 5,245 (-16.8%) Est. Cost $76.78 Unrealized +45.2%

HCKT HACKETT GROUP INC 0.6%

Value ($000) $1,210 (-3.5%) Shares 61,616 (-6.5%) Est. Cost $22.18 Unrealized -14.5%

TLF TANDY LEATHER FACTORY INC 0.1%

Value ($000) $117 (-26.5%) Shares 42,559 (-19.6%) Est. Cost $4.45 Unrealized -36.1%

SRCE 1ST SOURCE CORP 0.9%

Value ($000) $1,750 (-2.3%) Shares 28,002 (-3.8%) Est. Cost $48.01 Unrealized —

SHV ISHARES TR 0.1%

Value ($000) $265 (-12.0%) Shares 2,410 (-11.7%) Est. Cost $110.36 Unrealized —

ISRG INTUITIVE SURGICAL INC 0.2%

Value ($000) $384 (+10.4%) Shares 677 (-12.9%) Est. Cost $309.78 Unrealized +71.9%

LAD LITHIA MTRS INC 0.2%

Value ($000) $339 (-9.3%) Shares 1,021 (-13.8%) Est. Cost $269.70 Unrealized +17.7%

ROL ROLLINS INC 0.9%

Value ($000) $1,760 (-1.9%) Shares 29,322 (-4.0%) Est. Cost $55.70 Unrealized +5.3%

GLBE GLOBAL E ONLINE LTD 0.3%

Value ($000) $599 (+5.8%) Shares 15,243 (-3.8%) Est. Cost $38.73 Unrealized -4.2%

MG MISTRAS GROUP INC 0.2%

Value ($000) $443 (+5.7%) Shares 35,016 (-17.8%) Est. Cost $8.22 Unrealized +37.3%

TECH BIO-TECHNE CORP 1.0%

Value ($000) $1,995 (+0.9%) Shares 33,921 (-4.5%) Est. Cost $67.88 Unrealized -10.5%

AGEN AGENUS INC 0.0%

Value ($000) $35 (-32.3%) Shares 11,065 (-17.0%) Est. Cost $11.63 Unrealized -65.8%

CENTA CENTRAL GARDEN & PET CO 0.0%

Value ($000) $59 (-19.3%) Shares 2,037 (-18.3%) Est. Cost $35.39 Unrealized -18.3%

LCUT LIFETIME BRANDS INC 0.0%

Value ($000) $73 (-15.0%) Shares 18,571 (-16.7%) Est. Cost $6.73 Unrealized -46.3%

CINF CINCINNATI FINL CORP 1.0%

Value ($000) $1,911 (-0.6%) Shares 11,702 (-3.8%) Est. Cost $70.74 Unrealized +127.9%

LSCC LATTICE SEMICONDUCTOR CORP 0.3%

Value ($000) $550 (-1.8%) Shares 7,474 (-2.1%) Est. Cost $61.74 Unrealized —

DGII DIGI INTL INC 0.1%

Value ($000) $249 (-2.1%) Shares 5,741 (-17.6%) Est. Cost $30.59 Unrealized +30.9%

TLPH TALPHERA INC 0.0%

Value ($000) $93 (+5.9%) Shares 81,208 (-17.0%) Est. Cost $1.38 Unrealized -12.8%

ITRN ITURAN LOCATION AND CONTROL 0.2%

Value ($000) $472 (+0.9%) Shares 10,983 (-16.2%) Est. Cost $18.00 Unrealized +117.8%

NEOG NEOGEN CORP 0.3%

Value ($000) $617 (+0.4%) Shares 88,321 (-18.0%) Est. Cost $8.76 Unrealized -28.2%

XMTR XOMETRY INC 1.1%

Value ($000) $2,151 (+0.0%) Shares 36,165 (-8.4%) Est. Cost $24.08 Unrealized +134.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HWKN	HAWKINS INC	9,776 (-17.3%)	$1,389 (-35.7%)	0.7%	$31.96	+360.6%	COM	420261109
CGNX	COGNEX CORP	58,849 (-4.6%)	$2,117 (-24.2%)	1.1%	$44.29	-8.7%	COM	192422103
LOPE	GRAND CANYON ED INC	8,963 (-4.5%)	$1,491 (-27.7%)	0.8%	$137.78	+31.3%	COM	38526M106
EBS	EMERGENT BIOSOLUTIONS INC	305,046 (-17.1%)	$3,770 (+16.2%)	2.0%	$4.67	+129.5%	COM	29089Q105
GNTX	GENTEX CORP	76,362 (-5.3%)	$1,777 (-22.1%)	0.9%	$26.43	-8.8%	COM	371901109
ALNY	ALNYLAM PHARMACEUTICALS INC	3,226 (-16.9%)	$1,283 (-27.5%)	0.7%	$144.77	+205.7%	COM	02043Q107
INSM	INSMED INC	2,057 (-62.4%)	$358 (-54.5%)	0.2%	$73.95	+146.8%	COM PAR $.01	457669307
EGY	VAALCO ENERGY INC	342,925 (-17.0%)	$1,248 (-24.9%)	0.6%	$4.12	-11.2%	COM NEW	91851C201
EXPD	EXPEDITORS INTL WASH INC	15,633 (-4.2%)	$2,330 (+16.5%)	1.2%	$81.16	+67.1%	COM	302130109
ENSG	ENSIGN GROUP INC	18,568 (-9.2%)	$3,235 (-8.4%)	1.7%	$70.19	+155.9%	COM	29358P101
FIZZ	NATIONAL BEVERAGE CORP	37,390 (-6.3%)	$1,192 (-19.1%)	0.6%	$36.17	-5.0%	COM	635017106
BBNX	BETA BIONICS INC	35,191 (-13.0%)	$1,072 (+33.4%)	0.6%	$18.12	+47.4%	COM	08659B102
GH	GUARDANT HEALTH INC	21,488 (-30.8%)	$2,195 (+13.2%)	1.1%	$38.31	+133.5%	COM	40131M109
DDOG	DATADOG INC	2,866 (-36.4%)	$390 (-39.3%)	0.2%	$110.45	+43.1%	CL A COM	23804L103
INOD	INNODATA INC	5,857 (-16.6%)	$298 (-44.9%)	0.2%	$39.45	+65.3%	COM NEW	457642205
DHI	D R HORTON INC	5,071 (-11.2%)	$730 (-24.5%)	0.4%	$102.59	+48.2%	COM	23331A109
VST	VISTRA CORP	4,225 (-9.7%)	$682 (-25.7%)	0.4%	$74.29	+144.9%	COM	92840M102
CHWY	CHEWY INC	17,157 (-11.1%)	$567 (-27.4%)	0.3%	$39.48	-12.1%	CL A	16679L109
AXSM	AXSOME THERAPEUTICS INC	4,402 (-9.8%)	$804 (+35.6%)	0.4%	$88.54	+57.7%	COM	05464T104
LMAT	LEMAITRE VASCULAR INC	20,311 (-4.1%)	$1,647 (-11.1%)	0.9%	$43.57	+97.3%	COM	525558201
ROP	ROPER TECHNOLOGIES INC	2,379 (-4.2%)	$1,059 (-14.5%)	0.5%	$408.89	+13.0%	COM	776696106
EOG	EOG RES INC	15,357 (-3.8%)	$1,613 (-9.9%)	0.8%	$74.00	+44.9%	COM	26875P101
COLL	COLLEGIUM PHARMACEUTICAL INC	17,003 (-3.3%)	$787 (+27.9%)	0.4%	$22.59	+85.2%	COM	19459J104
SHW	SHERWIN WILLIAMS CO	1,123 (-27.3%)	$364 (-31.9%)	0.2%	$322.15	+3.7%	COM	824348106
AFG	AMERICAN FINL GROUP INC OHIO	13,473 (-2.2%)	$1,842 (-8.3%)	1.0%	$68.43	+95.2%	COM	025932104
CSV	CARRIAGE SVCS INC	14,258 (-17.2%)	$603 (-21.4%)	0.3%	$24.56	+76.1%	COM	143905107
LOW	LOWES COS INC	10,290 (-1.8%)	$2,482 (-5.8%)	1.3%	$221.39	+8.3%	COM	548661107
WMB	WILLIAMS COS INC	9,575 (-15.3%)	$576 (-19.6%)	0.3%	$34.87	+72.2%	COM	969457100
RXRX	RECURSION PHARMACEUTICALS IN	72,193 (-19.1%)	$295 (-32.2%)	0.2%	$7.32	-32.4%	CL A	75629V104
GGG	GRACO INC	20,461 (-4.0%)	$1,677 (-7.4%)	0.9%	$80.36	+2.0%	COM	384109104
SSYS	STRATASYS LTD	26,647 (-17.5%)	$231 (-36.1%)	0.1%	$15.58	-36.4%	SHS	M85548101
SO	SOUTHERN CO	6,679 (-10.5%)	$582 (-17.6%)	0.3%	$75.74	+20.0%	COM	842587107
OLN	OLIN CORP	12,484 (-18.3%)	$260 (-31.9%)	0.1%	$21.11	+1.6%	COM PAR $1	680665205
MCHP	MICROCHIP TECHNOLOGY INC.	36,137 (-4.2%)	$2,303 (-5.0%)	1.2%	$55.62	+10.3%	COM	595017104
MPWR	MONOLITHIC PWR SYS INC	3,277 (-2.4%)	$2,971 (-3.9%)	1.5%	$449.50	+113.7%	COM	609839105
UA	UNDER ARMOUR INC	90,021 (-20.4%)	$432 (-20.9%)	0.2%	$6.81	-34.7%	CL C	904311206
BMI	BADGER METER INC	7,125 (-5.8%)	$1,243 (-8.0%)	0.6%	$180.48	-0.4%	COM	056525108
SRRK	SCHOLAR ROCK HLDG CORP	18,564 (-3.1%)	$818 (+14.7%)	0.4%	$14.05	+166.9%	COM	80706P103
TOST	TOAST INC	29,638 (-6.3%)	$1,052 (-8.9%)	0.5%	$24.28	+48.5%	CL A	888787108
LNG	CHENIERE ENERGY INC	1,856 (-4.7%)	$361 (-21.2%)	0.2%	$207.44	+1.2%	COM NEW	16411R208
FAST	FASTENAL CO	8,620 (-3.7%)	$346 (-21.2%)	0.2%	$39.42	+6.6%	COM	311900104
AMSF	AMERISAFE INC	6,475 (-16.8%)	$249 (-27.1%)	0.1%	$42.00	-6.5%	COM	03071H100
TLN	TALEN ENERGY CORP	935 (-10.2%)	$350 (-20.9%)	0.2%	$361.29	+7.6%	COM	87422Q109
APH	AMPHENOL CORP NEW	20,677 (-5.3%)	$2,794 (+3.4%)	1.4%	$40.15	+232.6%	CL A	032095101
SKT	TANGER INC	40,686 (-5.0%)	$1,358 (-6.3%)	0.7%	$10.26	—	COM	875465106
MTD	METTLER TOLEDO INTERNATIONAL	617 (-1.6%)	$861 (+11.8%)	0.4%	$1158.20	+20.6%	COM	592688105
LQDT	LIQUIDITY SVCS INC	30,005 (-17.7%)	$909 (-9.0%)	0.5%	$7.53	+256.5%	COM	53635B107
GBX	GREENBRIER COS INC	10,932 (-16.0%)	$511 (-15.0%)	0.3%	$44.55	-0.3%	COM	393657101
EXEL	EXELIXIS INC	14,673 (-17.1%)	$643 (-12.1%)	0.3%	$18.51	+123.4%	COM	30161Q104
VMC	VULCAN MATLS CO	2,031 (-5.6%)	$579 (-12.5%)	0.3%	$261.67	+12.0%	COM	929160109
DCI	DONALDSON INC	25,325 (-4.3%)	$2,245 (+3.7%)	1.2%	$50.86	+69.9%	COM	257651109
MSI	MOTOROLA SOLUTIONS INC	924 (-2.6%)	$354 (-18.4%)	0.2%	$451.95	-11.3%	COM NEW	620076307
ELAN	ELANCO ANIMAL HEALTH INC	43,943 (-17.3%)	$994 (-7.1%)	0.5%	$11.70	+86.0%	COM	28414H103
FTDR	FRONTDOOR INC	5,988 (-4.1%)	$345 (-17.8%)	0.2%	$53.63	+9.7%	COM	35905A109
MIRM	MIRUM PHARMACEUTICALS INC	16,424 (-12.2%)	$1,297 (-5.4%)	0.7%	$30.65	+134.1%	COM	604749101
CENT	CENTRAL GARDEN & PET CO	8,140 (-18.4%)	$262 (-19.7%)	0.1%	$26.67	+19.7%	COM	153527106
VGT	VANGUARD WORLD FD	366 (-19.2%)	$276 (-18.4%)	0.1%	$621.80	—	INF TECH ETF	92204A702
—	CYBERARK SOFTWARE LTD	504 (-13.7%)	$225 (-20.4%)	0.1%	$406.78	—	SHS	M2682V108
CTRE	CARETRUST REIT INC	10,735 (-16.5%)	$388 (-12.9%)	0.2%	$20.47	—	COM	14174T107
CRWD	CROWDSTRIKE HLDGS INC	512 (-13.9%)	$240 (-17.8%)	0.1%	$146.03	+248.7%	CL A	22788C105
GIFI	GULF IS FABRICATION INC	14,694 (-17.6%)	$176 (+40.4%)	0.1%	$4.68	+115.0%	COM	402307102
PWR	QUANTA SVCS INC	846 (-13.8%)	$357 (-12.3%)	0.2%	$274.93	+59.8%	COM	74762E102
IRTC	IRHYTHM TECHNOLOGIES INC	5,765 (-7.4%)	$1,023 (-4.5%)	0.5%	$84.49	+109.7%	COM	450056106
TMDX	TRANSMEDICS GROUP INC	5,763 (-1.3%)	$701 (+7.0%)	0.4%	$66.56	+88.5%	COM	89377M109
TTC	TORO CO	23,403 (-5.5%)	$1,842 (-2.4%)	1.0%	$80.82	-8.5%	COM	891092108
DG	DOLLAR GEN CORP NEW	5,245 (-16.8%)	$696 (+6.9%)	0.4%	$76.78	+45.2%	COM	256677105
HCKT	HACKETT GROUP INC	61,616 (-6.5%)	$1,210 (-3.5%)	0.6%	$22.18	-14.5%	COM	404609109
TLF	TANDY LEATHER FACTORY INC	42,559 (-19.6%)	$117 (-26.5%)	0.1%	$4.45	-36.1%	COM	87538X105
SRCE	1ST SOURCE CORP	28,002 (-3.8%)	$1,750 (-2.3%)	0.9%	$48.01	—	COM	336901103
SHV	ISHARES TR	2,410 (-11.7%)	$265 (-12.0%)	0.1%	$110.36	—	TRUST ISHARE 0-1	464288679
ISRG	INTUITIVE SURGICAL INC	677 (-12.9%)	$384 (+10.4%)	0.2%	$309.78	+71.9%	COM NEW	46120E602
LAD	LITHIA MTRS INC	1,021 (-13.8%)	$339 (-9.3%)	0.2%	$269.70	+17.7%	COM	536797103
ROL	ROLLINS INC	29,322 (-4.0%)	$1,760 (-1.9%)	0.9%	$55.70	+5.3%	COM	775711104
GLBE	GLOBAL E ONLINE LTD	15,243 (-3.8%)	$599 (+5.8%)	0.3%	$38.73	-4.2%	SHS	M5216V106
MG	MISTRAS GROUP INC	35,016 (-17.8%)	$443 (+5.7%)	0.2%	$8.22	+37.3%	COM	60649T107
TECH	BIO-TECHNE CORP	33,921 (-4.5%)	$1,995 (+0.9%)	1.0%	$67.88	-10.5%	COM	09073M104
AGEN	AGENUS INC	11,065 (-17.0%)	$35 (-32.3%)	0.0%	$11.63	-65.8%	COM NEW	00847G804
CENTA	CENTRAL GARDEN & PET CO	2,037 (-18.3%)	$59 (-19.3%)	0.0%	$35.39	-18.3%	CL A NON-VTG	153527205
LCUT	LIFETIME BRANDS INC	18,571 (-16.7%)	$73 (-15.0%)	0.0%	$6.73	-46.3%	COM	53222Q103
CINF	CINCINNATI FINL CORP	11,702 (-3.8%)	$1,911 (-0.6%)	1.0%	$70.74	+127.9%	COM	172062101
LSCC	LATTICE SEMICONDUCTOR CORP	7,474 (-2.1%)	$550 (-1.8%)	0.3%	$61.74	—	COM	518415104
DGII	DIGI INTL INC	5,741 (-17.6%)	$249 (-2.1%)	0.1%	$30.59	+30.9%	COM	253798102
TLPH	TALPHERA INC	81,208 (-17.0%)	$93 (+5.9%)	0.0%	$1.38	-12.8%	COM NEW	00444T209
ITRN	ITURAN LOCATION AND CONTROL	10,983 (-16.2%)	$472 (+0.9%)	0.2%	$18.00	+117.8%	SHS	M6158M104
NEOG	NEOGEN CORP	88,321 (-18.0%)	$617 (+0.4%)	0.3%	$8.76	-28.2%	COM	640491106
XMTR	XOMETRY INC	36,165 (-8.4%)	$2,151 (+0.0%)	1.1%	$24.08	+134.1%	CLASS A COM	98423F109

Unchanged Positions (11)

NNN NNN REIT INC 1.2%

Value ($000) $2,248 Shares 56,728 Est. Cost $47.95 Unrealized —

ODFL OLD DOMINION FREIGHT LINE IN 0.5%

Value ($000) $1,024 Shares 6,531 Est. Cost $161.75 Unrealized -11.5%

TRGP TARGA RES CORP 0.3%

Value ($000) $501 Shares 2,713 Est. Cost $89.80 Unrealized +87.2%

RBA RB GLOBAL INC 0.4%

Value ($000) $679 Shares 6,601 Est. Cost $90.46 Unrealized +12.3%

WCN WASTE CONNECTIONS INC 0.4%

Value ($000) $681 Shares 3,877 Est. Cost $135.31 Unrealized +27.7%

WM WASTE MGMT INC DEL 0.2%

Value ($000) $416 Shares 1,893 Est. Cost $118.60 Unrealized +79.2%

MAA MID-AMER APT CMNTYS INC 1.1%

Value ($000) $2,138 Shares 15,390 Est. Cost $120.24 Unrealized +10.6%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $312 Shares 621 Est. Cost $461.73 Unrealized +7.8%

VMBS VANGUARD SCOTTSDALE FDS 0.0%

Value ($000) $3 Shares 70 Est. Cost $51.36 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 0.0%

Value ($000) $0 Shares 2 Est. Cost $81.29 Unrealized —

FLRN SPDR SERIES TRUST 0.0%

Value ($000) $0 Shares 6 Est. Cost $28.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NNN	NNN REIT INC	56,728	$2,248	1.2%	$47.95	—	COM	637417106
ODFL	OLD DOMINION FREIGHT LINE IN	6,531	$1,024	0.5%	$161.75	-11.5%	COM	679580100
TRGP	TARGA RES CORP	2,713	$501	0.3%	$89.80	+87.2%	COM	87612G101
RBA	RB GLOBAL INC	6,601	$679	0.4%	$90.46	+12.3%	COM	74935Q107
WCN	WASTE CONNECTIONS INC	3,877	$681	0.4%	$135.31	+27.7%	COM	94106B101
WM	WASTE MGMT INC DEL	1,893	$416	0.2%	$118.60	+79.2%	COM	94106L109
MAA	MID-AMER APT CMNTYS INC	15,390	$2,138	1.1%	$120.24	+10.6%	COM	59522J103
BRK/B	BERKSHIRE HATHAWAY INC DEL	621	$312	0.2%	$461.73	+7.8%	CL B NEW	084670702
VMBS	VANGUARD SCOTTSDALE FDS	70	$3	0.0%	$51.36	—	MTG-BKD SECS ETF	92206C771
VCSH	VANGUARD SCOTTSDALE FDS	2	$0	0.0%	$81.29	—	SHRT TRM CORP BD	92206C409
FLRN	SPDR SERIES TRUST	6	$0	0.0%	$28.00	—	STATE STREET SPD	78468R200