Applied Finance Capital Management, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	50,000	$15,690	1.1%	$286.33	0.0%	COM	02079K107
DE	DEERE & CO	2,691	$1,253	0.1%	$467.69	0.0%	COM	244199105
PH	PARKER-HANNIFIN CORP	1,370	$1,204	0.1%	$817.77	0.0%	COM	701094104
INTU	INTUIT INC	1,786	$1,183	0.1%	$660.69	0.0%	COM	461202103
NRG	NRG ENERGY, INC.	6,785	$1,080	0.1%	$165.30	0.0%	COM	629377508
AMT	AMERICAN TOWER CORPORATION	6,138	$1,078	0.1%	$180.30	0.0%	COM	03027X100
KR	KROGER CO	15,941	$996	0.1%	$65.22	0.0%	COM	501044101
VRTX	VERTEX PHARMACEUTICALS INC	2,106	$955	0.1%	$431.03	0.0%	COM	92532F100
FLUT	FLUTTER ENTERTAINMENT PLC	4,293	$923	0.1%	$224.90	0.0%	COM	G3643J108
TT	TRANE TECHNOLOGIES PLC	2,331	$907	0.1%	$413.59	0.0%	COM	G8994E103
UL	UNILEVER PLC - ADR	13,568	$887	0.1%	$65.40	—	COM	904767803
FCX	FREEPORT-MCMORAN INC	17,090	$868	0.1%	$43.31	0.0%	COM	35671D857
ANET	ARISTA NETWORKS INC	6,120	$802	0.1%	$137.66	0.0%	COM	040413205
ICE	INTERCONTINENTAL EXCHANGE INC	4,453	$721	0.1%	$156.20	0.0%	COM	45866F104
NDAQ	NASDAQ INC	6,598	$641	0.0%	$89.74	0.0%	COM	631103108
KVUE	KENVUE INC	33,575	$579	0.0%	$16.26	0.0%	COM	49177J102
KHC	KRAFT HEINZ CO	18,238	$442	0.0%	$24.63	0.0%	COM	500754106
BR	BROADRIDGE FINANCIAL SOLUTIONS	1,978	$441	0.0%	$227.30	0.0%	COM	11133T103
WBD	WARNER BROS DISCOVERY INC	14,238	$410	0.0%	$23.37	0.0%	COM	934423104
APA	APA CORP (US)	16,535	$404	0.0%	$24.13	0.0%	COM	03743Q108
TRU	TRANSUNION	4,372	$375	0.0%	$82.11	0.0%	COM	89400J107
CART	MAPLEBEAR INC	7,305	$329	0.0%	$40.93	0.0%	COM	565394103
WFRD	WEATHERFORD INTERNATIONAL PLC	4,126	$323	0.0%	$72.59	0.0%	COM	G48833118
MKC	MCCORMICK & COMPANY, INCORPORA	4,655	$317	0.0%	$65.92	0.0%	COM	579780206
SJM	J M SMUCKER CO	3,164	$309	0.0%	$102.85	0.0%	COM	832696405
RMD	RESMED INC.	1,273	$307	0.0%	$255.44	0.0%	COM	761152107
CI	CIGNA GROUP	1,099	$302	0.0%	$279.23	0.0%	COM	125523100
CHDN	CHURCHILL DOWNS INC	2,495	$284	0.0%	$103.46	0.0%	COM	171484108
BRBR	BELLRING BRANDS INC	9,996	$267	0.0%	$31.04	0.0%	COM	07831C103
NFG	NATIONAL FUEL GAS COMPANY	3,243	$260	0.0%	$82.39	0.0%	COM	636180101
ALSN	ALLISON TRANSMISSION HOLDINGS	2,254	$221	0.0%	$87.50	0.0%	COM	01973R101
WH	WYNDHAM HOTELS & RESORTS INC	2,919	$221	0.0%	$75.40	0.0%	COM	98311A105
MGM	MGM RESORTS INTERNATIONAL	5,770	$211	0.0%	$33.93	0.0%	COM	552953101
GEN	GEN DIGITAL INC	7,617	$207	0.0%	$26.85	0.0%	COM	668771108

Increased Positions (73)

IWD ISHARES RUSSELL 1000 VALUE ETF 1.5%

Value ($000) $20,410 (+1483.5%) Shares 97,035 (+1432.7%) Est. Cost $208.80 Unrealized —

CSCO CISCO SYSTEMS INCORPORATED 2.8%

Value ($000) $39,452 (+24.5%) Shares 512,168 (+10.6%) Est. Cost $47.44 Unrealized +55.5%

V VISA INCORPORATION 0.9%

Value ($000) $12,196 (+129.7%) Shares 34,775 (+123.6%) Est. Cost $312.09 Unrealized +9.1%

MA MASTERCARD, INC. 2.3%

Value ($000) $31,977 (+24.6%) Shares 56,014 (+24.1%) Est. Cost $423.95 Unrealized +31.8%

FISV FISERV, INC. 0.8%

Value ($000) $10,531 (-33.2%) Shares 156,783 (+28.2%) Est. Cost $124.38 Unrealized -32.6%

MRK MERCK & CO. , INC. 1.4%

Value ($000) $19,322 (+29.3%) Shares 183,564 (+3.0%) Est. Cost $100.77 Unrealized -7.5%

BKNG BOOKING HOLDINGS INC 0.4%

Value ($000) $5,345 (+190.3%) Shares 998 (+192.7%) Est. Cost $4669.57 Unrealized +10.0%

ADBE ADOBE INC 2.3%

Value ($000) $32,463 (+11.2%) Shares 92,754 (+12.0%) Est. Cost $438.16 Unrealized -22.4%

JNJ JOHNSON & JOHNSON 0.6%

Value ($000) $7,993 (+58.4%) Shares 38,625 (+41.9%) Est. Cost $160.09 Unrealized +23.1%

META META PLATFORMS INC 2.7%

Value ($000) $37,620 (-6.9%) Shares 56,992 (+3.5%) Est. Cost $245.46 Unrealized +171.9%

KDP KEURIG DR PEPPER INC 1.0%

Value ($000) $14,576 (+21.4%) Shares 520,395 (+10.6%) Est. Cost $32.58 Unrealized -16.4%

IBM INTERNATIONAL BUSINESS MACHINE 2.5%

Value ($000) $34,943 (+7.4%) Shares 117,968 (+2.3%) Est. Cost $145.23 Unrealized +105.7%

DIS WALT DISNEY CO 1.9%

Value ($000) $26,339 (+9.4%) Shares 231,511 (+10.1%) Est. Cost $96.19 Unrealized +13.9%

ABBV ABBVIE INC 0.5%

Value ($000) $6,830 (+42.8%) Shares 29,894 (+44.7%) Est. Cost $183.46 Unrealized +24.0%

MAR MARRIOTT INTERNATIONAL, INC. 0.2%

Value ($000) $3,437 (+144.1%) Shares 11,078 (+104.9%) Est. Cost $263.20 Unrealized +8.4%

TGT TARGET CORPORATION 1.2%

Value ($000) $16,098 (+12.2%) Shares 164,683 (+3.0%) Est. Cost $122.88 Unrealized -25.4%

LKQ LKQ CORPORATION 1.3%

Value ($000) $18,020 (+10.0%) Shares 596,682 (+11.2%) Est. Cost $43.33 Unrealized -30.8%

HLT HILTON WORLDWIDE HOLDINGS INC 0.2%

Value ($000) $2,954 (+117.8%) Shares 10,282 (+96.7%) Est. Cost $239.17 Unrealized +13.8%

ORLY O'REILLY AUTOMOTIVE, INC. 0.2%

Value ($000) $3,358 (+81.4%) Shares 36,811 (+114.4%) Est. Cost $93.82 Unrealized +4.1%

AMGN AMGEN INC 0.2%

Value ($000) $3,026 (+73.6%) Shares 9,246 (+49.7%) Est. Cost $292.69 Unrealized +7.9%

STZ CONSTELLATION BRANDS, INC. 1.0%

Value ($000) $13,309 (+9.3%) Shares 96,472 (+6.7%) Est. Cost $220.86 Unrealized -38.0%

ACN ACCENTURE PLC 0.2%

Value ($000) $3,423 (+46.2%) Shares 12,757 (+34.3%) Est. Cost $290.25 Unrealized -12.5%

LNG CHENIERE ENERGY, INC. 0.1%

Value ($000) $2,079 (+107.5%) Shares 10,693 (+150.8%) Est. Cost $190.99 Unrealized +9.9%

AZO AUTOZONE, INC. 0.2%

Value ($000) $2,493 (+65.5%) Shares 735 (+109.4%) Est. Cost $3375.80 Unrealized +11.9%

GILD GILEAD SCIENCES, INC. 0.2%

Value ($000) $2,583 (+54.7%) Shares 21,044 (+39.9%) Est. Cost $80.11 Unrealized +50.9%

DRI DARDEN RESTAURANTS, INC. 1.5%

Value ($000) $20,291 (+4.7%) Shares 110,268 (+8.3%) Est. Cost $141.56 Unrealized +28.6%

YUM YUM! BRANDS, INC. 0.1%

Value ($000) $1,747 (+99.4%) Shares 11,551 (+100.3%) Est. Cost $140.43 Unrealized +5.2%

CAT CATERPILLAR INC. 0.2%

Value ($000) $2,911 (+41.9%) Shares 5,081 (+18.2%) Est. Cost $372.13 Unrealized +49.3%

AMP AMERIPRISE FINANCIAL, INC. 1.6%

Value ($000) $22,429 (+3.5%) Shares 45,741 (+3.8%) Est. Cost $361.87 Unrealized +30.9%

EOG EOG RESOURCES INC 0.1%

Value ($000) $1,675 (+84.3%) Shares 15,951 (+96.8%) Est. Cost $109.69 Unrealized -2.2%

SO SOUTHERN CO 0.1%

Value ($000) $1,810 (+63.6%) Shares 20,754 (+77.8%) Est. Cost $89.26 Unrealized +1.8%

ROP ROPER TECHNOLOGIES INC 1.8%

Value ($000) $25,614 (-2.7%) Shares 57,542 (+9.0%) Est. Cost $476.72 Unrealized -3.1%

PGR PROGRESSIVE CORP 0.2%

Value ($000) $2,154 (+42.5%) Shares 9,461 (+54.5%) Est. Cost $241.59 Unrealized -12.1%

MDLZ MONDELEZ INTERNATIONAL INCORPO 0.1%

Value ($000) $1,463 (+65.1%) Shares 27,181 (+91.6%) Est. Cost $60.73 Unrealized -6.0%

LULU LULULEMON ATHLETICA INCORPORAT 0.1%

Value ($000) $947 (+112.8%) Shares 4,556 (+82.2%) Est. Cost $249.22 Unrealized -27.3%

UGI UGI CORPORATION 0.1%

Value ($000) $1,445 (+43.6%) Shares 38,617 (+27.6%) Est. Cost $27.77 Unrealized +27.5%

HAL HALLIBURTON COMPANY 0.1%

Value ($000) $830 (+99.1%) Shares 29,364 (+73.3%) Est. Cost $30.60 Unrealized -14.1%

ACI ALBERTSONS COMPANIES INC 0.0%

Value ($000) $590 (+184.0%) Shares 34,334 (+189.6%) Est. Cost $18.25 Unrealized -3.3%

LOW LOWE'S COMPANIES INC. 1.7%

Value ($000) $23,788 (-1.6%) Shares 98,638 (+2.6%) Est. Cost $204.31 Unrealized +17.4%

OTIS OTIS WORLDWIDE CORP 0.1%

Value ($000) $1,131 (+50.2%) Shares 12,948 (+57.3%) Est. Cost $92.13 Unrealized -3.1%

DPZ DOMINO' S PIZZA, INC. 0.0%

Value ($000) $658 (+112.3%) Shares 1,579 (+119.9%) Est. Cost $446.76 Unrealized -7.0%

SHW SHERWIN-WILLIAMS CO 0.7%

Value ($000) $9,486 (-3.5%) Shares 29,274 (+3.1%) Est. Cost $342.80 Unrealized -2.5%

NVR NVR INC. 0.1%

Value ($000) $766 (+61.5%) Shares 105 (+78.0%) Est. Cost $7588.14 Unrealized -1.5%

MCO MOODY'S CORPORATION 0.1%

Value ($000) $1,383 (+25.5%) Shares 2,707 (+17.0%) Est. Cost $464.83 Unrealized +4.8%

COR CENCORA INC 0.1%

Value ($000) $1,539 (+17.9%) Shares 4,556 (+9.1%) Est. Cost $237.94 Unrealized +43.2%

BJ BJS WHOLESALE CLUB HOLDINGS IN 0.0%

Value ($000) $482 (+83.8%) Shares 5,352 (+90.3%) Est. Cost $86.21 Unrealized +6.5%

HSY HERSHEY CO 0.1%

Value ($000) $868 (+31.4%) Shares 4,772 (+35.0%) Est. Cost $180.07 Unrealized +1.1%

DECK DECKERS OUTDOOR CORPORATION 0.0%

Value ($000) $498 (+62.6%) Shares 4,801 (+59.0%) Est. Cost $104.42 Unrealized -10.2%

PHM PULTEGROUP, INCORPORATION 0.1%

Value ($000) $702 (+31.7%) Shares 5,990 (+48.5%) Est. Cost $115.98 Unrealized +5.6%

BLD TOPBUILD CORP 0.0%

Value ($000) $382 (+74.3%) Shares 916 (+63.3%) Est. Cost $415.77 Unrealized +3.1%

LDOS LEIDOS HOLDINGS INC 0.0%

Value ($000) $642 (+32.1%) Shares 3,561 (+38.3%) Est. Cost $152.00 Unrealized +24.4%

OVV OVINTIV INC 0.0%

Value ($000) $360 (+71.1%) Shares 9,176 (+76.3%) Est. Cost $37.59 Unrealized +3.1%

PPC PILGRIMS PRIDE CORP 0.0%

Value ($000) $350 (+74.5%) Shares 8,972 (+82.2%) Est. Cost $44.27 Unrealized -13.2%

WHR WHIRLPOOL CORPORATION 0.1%

Value ($000) $828 (+21.3%) Shares 11,475 (+32.2%) Est. Cost $99.03 Unrealized -25.4%

BG BUNGE GLOBAL SA 0.0%

Value ($000) $345 (+51.4%) Shares 3,875 (+38.0%) Est. Cost $96.70 Unrealized -5.0%

MTD METTLER-TOLEDO INTERNATIONAL I 0.0%

Value ($000) $627 (+20.5%) Shares 450 (+6.1%) Est. Cost $1367.65 Unrealized +2.1%

ZTS ZOETIS INC 0.1%

Value ($000) $874 (-9.8%) Shares 6,946 (+4.9%) Est. Cost $161.99 Unrealized -19.6%

UNP UNION PACIFIC CORPORATION 1.3%

Value ($000) $18,586 (-0.4%) Shares 80,349 (+1.7%) Est. Cost $210.39 Unrealized +8.0%

CHD CHURCH & DWIGHT CO., INC. 0.0%

Value ($000) $513 (+15.1%) Shares 6,113 (+20.3%) Est. Cost $91.91 Unrealized -7.2%

OMC OMNICOM GROUP INCORPORATED 0.0%

Value ($000) $380 (+19.0%) Shares 4,700 (+20.2%) Est. Cost $85.19 Unrealized -11.1%

FDS FACTSET RESEARCH SYSTEMS INC. 0.0%

Value ($000) $335 (+20.0%) Shares 1,155 (+18.5%) Est. Cost $397.33 Unrealized -29.5%

BAH BOOZ ALLEN HAMILTON HOLDING CO 0.0%

Value ($000) $302 (+20.9%) Shares 3,576 (+43.2%) Est. Cost $127.13 Unrealized -30.4%

LYB LYONDELLBASELL INDUSTRIES NV 0.1%

Value ($000) $940 (-5.1%) Shares 21,707 (+7.5%) Est. Cost $75.65 Unrealized -41.2%

QSR RESTAURANT BRANDS INTERNATIONA 0.0%

Value ($000) $644 (+8.4%) Shares 9,440 (+1.9%) Est. Cost $65.85 Unrealized +4.7%

EQH EQUITABLE HOLDINGS INC 0.0%

Value ($000) $373 (+14.7%) Shares 7,826 (+22.2%) Est. Cost $50.06 Unrealized -5.6%

MAS MASCO CORPORATION 0.0%

Value ($000) $339 (+13.3%) Shares 5,339 (+25.7%) Est. Cost $67.74 Unrealized -4.4%

ADP AUTOMATIC DATA PROCESSING, INC 0.1%

Value ($000) $1,092 (-3.3%) Shares 4,244 (+10.4%) Est. Cost $294.70 Unrealized -10.1%

BBY BEST BUY CO., INC. 0.0%

Value ($000) $286 (-8.1%) Shares 4,270 (+3.8%) Est. Cost $72.76 Unrealized +3.7%

FTNT FORTINET INCORPORATION 0.1%

Value ($000) $784 (+2.9%) Shares 9,870 (+8.9%) Est. Cost $65.43 Unrealized +26.8%

BLDR BUILDERS FIRSTSOURCE, INC. 0.0%

Value ($000) $281 (+6.4%) Shares 2,730 (+25.3%) Est. Cost $158.16 Unrealized -28.9%

TOL TOLL BROTHERS, INC. 0.0%

Value ($000) $279 (+2.1%) Shares 2,062 (+4.3%) Est. Cost $121.01 Unrealized +12.2%

GIS GENERAL MILLS, INC. 0.0%

Value ($000) $564 (+1.0%) Shares 12,131 (+9.5%) Est. Cost $61.12 Unrealized -22.4%

NCLH NORWEGIAN CRUISE LINE HOLDINGS 0.0%

Value ($000) $217 (+1.2%) Shares 9,730 (+11.7%) Est. Cost $18.23 Unrealized +15.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWD	ISHARES RUSSELL 1000 VALUE ETF	97,035 (+1432.7%)	$20,410 (+1483.5%)	1.5%	$208.80	—	COM	464287598
CSCO	CISCO SYSTEMS INCORPORATED	512,168 (+10.6%)	$39,452 (+24.5%)	2.8%	$47.44	+55.5%	COM	17275R102
V	VISA INCORPORATION	34,775 (+123.6%)	$12,196 (+129.7%)	0.9%	$312.09	+9.1%	COM	92826C839
MA	MASTERCARD, INC.	56,014 (+24.1%)	$31,977 (+24.6%)	2.3%	$423.95	+31.8%	COM	57636Q104
FISV	FISERV, INC.	156,783 (+28.2%)	$10,531 (-33.2%)	0.8%	$124.38	-32.6%	COM	337738108
MRK	MERCK & CO. , INC.	183,564 (+3.0%)	$19,322 (+29.3%)	1.4%	$100.77	-7.5%	COM	58933Y105
BKNG	BOOKING HOLDINGS INC	998 (+192.7%)	$5,345 (+190.3%)	0.4%	$4669.57	+10.0%	COM	09857L108
ADBE	ADOBE INC	92,754 (+12.0%)	$32,463 (+11.2%)	2.3%	$438.16	-22.4%	COM	00724F101
JNJ	JOHNSON & JOHNSON	38,625 (+41.9%)	$7,993 (+58.4%)	0.6%	$160.09	+23.1%	COM	478160104
META	META PLATFORMS INC	56,992 (+3.5%)	$37,620 (-6.9%)	2.7%	$245.46	+171.9%	COM	30303M102
KDP	KEURIG DR PEPPER INC	520,395 (+10.6%)	$14,576 (+21.4%)	1.0%	$32.58	-16.4%	COM	49271V100
IBM	INTERNATIONAL BUSINESS MACHINE	117,968 (+2.3%)	$34,943 (+7.4%)	2.5%	$145.23	+105.7%	COM	459200101
DIS	WALT DISNEY CO	231,511 (+10.1%)	$26,339 (+9.4%)	1.9%	$96.19	+13.9%	COM	254687106
ABBV	ABBVIE INC	29,894 (+44.7%)	$6,830 (+42.8%)	0.5%	$183.46	+24.0%	COM	00287Y109
MAR	MARRIOTT INTERNATIONAL, INC.	11,078 (+104.9%)	$3,437 (+144.1%)	0.2%	$263.20	+8.4%	COM	571903202
TGT	TARGET CORPORATION	164,683 (+3.0%)	$16,098 (+12.2%)	1.2%	$122.88	-25.4%	COM	87612E106
LKQ	LKQ CORPORATION	596,682 (+11.2%)	$18,020 (+10.0%)	1.3%	$43.33	-30.8%	COM	501889208
HLT	HILTON WORLDWIDE HOLDINGS INC	10,282 (+96.7%)	$2,954 (+117.8%)	0.2%	$239.17	+13.8%	COM	43300A203
ORLY	O'REILLY AUTOMOTIVE, INC.	36,811 (+114.4%)	$3,358 (+81.4%)	0.2%	$93.82	+4.1%	COM	67103H107
AMGN	AMGEN INC	9,246 (+49.7%)	$3,026 (+73.6%)	0.2%	$292.69	+7.9%	COM	031162100
STZ	CONSTELLATION BRANDS, INC.	96,472 (+6.7%)	$13,309 (+9.3%)	1.0%	$220.86	-38.0%	COM	21036P108
ACN	ACCENTURE PLC	12,757 (+34.3%)	$3,423 (+46.2%)	0.2%	$290.25	-12.5%	COM	G1151C101
LNG	CHENIERE ENERGY, INC.	10,693 (+150.8%)	$2,079 (+107.5%)	0.1%	$190.99	+9.9%	COM	16411R208
AZO	AUTOZONE, INC.	735 (+109.4%)	$2,493 (+65.5%)	0.2%	$3375.80	+11.9%	COM	053332102
GILD	GILEAD SCIENCES, INC.	21,044 (+39.9%)	$2,583 (+54.7%)	0.2%	$80.11	+50.9%	COM	375558103
DRI	DARDEN RESTAURANTS, INC.	110,268 (+8.3%)	$20,291 (+4.7%)	1.5%	$141.56	+28.6%	COM	237194105
YUM	YUM! BRANDS, INC.	11,551 (+100.3%)	$1,747 (+99.4%)	0.1%	$140.43	+5.2%	COM	988498101
CAT	CATERPILLAR INC.	5,081 (+18.2%)	$2,911 (+41.9%)	0.2%	$372.13	+49.3%	COM	149123101
AMP	AMERIPRISE FINANCIAL, INC.	45,741 (+3.8%)	$22,429 (+3.5%)	1.6%	$361.87	+30.9%	COM	03076C106
EOG	EOG RESOURCES INC	15,951 (+96.8%)	$1,675 (+84.3%)	0.1%	$109.69	-2.2%	COM	26875P101
SO	SOUTHERN CO	20,754 (+77.8%)	$1,810 (+63.6%)	0.1%	$89.26	+1.8%	COM	842587107
ROP	ROPER TECHNOLOGIES INC	57,542 (+9.0%)	$25,614 (-2.7%)	1.8%	$476.72	-3.1%	COM	776696106
PGR	PROGRESSIVE CORP	9,461 (+54.5%)	$2,154 (+42.5%)	0.2%	$241.59	-12.1%	COM	743315103
MDLZ	MONDELEZ INTERNATIONAL INCORPO	27,181 (+91.6%)	$1,463 (+65.1%)	0.1%	$60.73	-6.0%	COM	609207105
LULU	LULULEMON ATHLETICA INCORPORAT	4,556 (+82.2%)	$947 (+112.8%)	0.1%	$249.22	-27.3%	COM	550021109
UGI	UGI CORPORATION	38,617 (+27.6%)	$1,445 (+43.6%)	0.1%	$27.77	+27.5%	COM	902681105
HAL	HALLIBURTON COMPANY	29,364 (+73.3%)	$830 (+99.1%)	0.1%	$30.60	-14.1%	COM	406216101
ACI	ALBERTSONS COMPANIES INC	34,334 (+189.6%)	$590 (+184.0%)	0.0%	$18.25	-3.3%	COM	013091103
LOW	LOWE'S COMPANIES INC.	98,638 (+2.6%)	$23,788 (-1.6%)	1.7%	$204.31	+17.4%	COM	548661107
OTIS	OTIS WORLDWIDE CORP	12,948 (+57.3%)	$1,131 (+50.2%)	0.1%	$92.13	-3.1%	COM	68902V107
DPZ	DOMINO' S PIZZA, INC.	1,579 (+119.9%)	$658 (+112.3%)	0.0%	$446.76	-7.0%	COM	25754A201
SHW	SHERWIN-WILLIAMS CO	29,274 (+3.1%)	$9,486 (-3.5%)	0.7%	$342.80	-2.5%	COM	824348106
NVR	NVR INC.	105 (+78.0%)	$766 (+61.5%)	0.1%	$7588.14	-1.5%	COM	62944T105
MCO	MOODY'S CORPORATION	2,707 (+17.0%)	$1,383 (+25.5%)	0.1%	$464.83	+4.8%	COM	615369105
COR	CENCORA INC	4,556 (+9.1%)	$1,539 (+17.9%)	0.1%	$237.94	+43.2%	COM	03073E105
BJ	BJS WHOLESALE CLUB HOLDINGS IN	5,352 (+90.3%)	$482 (+83.8%)	0.0%	$86.21	+6.5%	COM	05550J101
HSY	HERSHEY CO	4,772 (+35.0%)	$868 (+31.4%)	0.1%	$180.07	+1.1%	COM	427866108
DECK	DECKERS OUTDOOR CORPORATION	4,801 (+59.0%)	$498 (+62.6%)	0.0%	$104.42	-10.2%	COM	243537107
PHM	PULTEGROUP, INCORPORATION	5,990 (+48.5%)	$702 (+31.7%)	0.1%	$115.98	+5.6%	COM	745867101
BLD	TOPBUILD CORP	916 (+63.3%)	$382 (+74.3%)	0.0%	$415.77	+3.1%	COM	89055F103
LDOS	LEIDOS HOLDINGS INC	3,561 (+38.3%)	$642 (+32.1%)	0.0%	$152.00	+24.4%	COM	525327102
OVV	OVINTIV INC	9,176 (+76.3%)	$360 (+71.1%)	0.0%	$37.59	+3.1%	COM	69047Q102
PPC	PILGRIMS PRIDE CORP	8,972 (+82.2%)	$350 (+74.5%)	0.0%	$44.27	-13.2%	COM	72147K108
WHR	WHIRLPOOL CORPORATION	11,475 (+32.2%)	$828 (+21.3%)	0.1%	$99.03	-25.4%	COM	963320106
BG	BUNGE GLOBAL SA	3,875 (+38.0%)	$345 (+51.4%)	0.0%	$96.70	-5.0%	COM	H11356104
MTD	METTLER-TOLEDO INTERNATIONAL I	450 (+6.1%)	$627 (+20.5%)	0.0%	$1367.65	+2.1%	COM	592688105
ZTS	ZOETIS INC	6,946 (+4.9%)	$874 (-9.8%)	0.1%	$161.99	-19.6%	COM	98978V103
UNP	UNION PACIFIC CORPORATION	80,349 (+1.7%)	$18,586 (-0.4%)	1.3%	$210.39	+8.0%	COM	907818108
CHD	CHURCH & DWIGHT CO., INC.	6,113 (+20.3%)	$513 (+15.1%)	0.0%	$91.91	-7.2%	COM	171340102
OMC	OMNICOM GROUP INCORPORATED	4,700 (+20.2%)	$380 (+19.0%)	0.0%	$85.19	-11.1%	COM	681919106
FDS	FACTSET RESEARCH SYSTEMS INC.	1,155 (+18.5%)	$335 (+20.0%)	0.0%	$397.33	-29.5%	COM	303075105
BAH	BOOZ ALLEN HAMILTON HOLDING CO	3,576 (+43.2%)	$302 (+20.9%)	0.0%	$127.13	-30.4%	COM	099502106
LYB	LYONDELLBASELL INDUSTRIES NV	21,707 (+7.5%)	$940 (-5.1%)	0.1%	$75.65	-41.2%	COM	N53745100
QSR	RESTAURANT BRANDS INTERNATIONA	9,440 (+1.9%)	$644 (+8.4%)	0.0%	$65.85	+4.7%	COM	76131D103
EQH	EQUITABLE HOLDINGS INC	7,826 (+22.2%)	$373 (+14.7%)	0.0%	$50.06	-5.6%	COM	29452E101
MAS	MASCO CORPORATION	5,339 (+25.7%)	$339 (+13.3%)	0.0%	$67.74	-4.4%	COM	574599106
ADP	AUTOMATIC DATA PROCESSING, INC	4,244 (+10.4%)	$1,092 (-3.3%)	0.1%	$294.70	-10.1%	COM	053015103
BBY	BEST BUY CO., INC.	4,270 (+3.8%)	$286 (-8.1%)	0.0%	$72.76	+3.7%	COM	086516101
FTNT	FORTINET INCORPORATION	9,870 (+8.9%)	$784 (+2.9%)	0.1%	$65.43	+26.8%	COM	34959E109
BLDR	BUILDERS FIRSTSOURCE, INC.	2,730 (+25.3%)	$281 (+6.4%)	0.0%	$158.16	-28.9%	COM	12008R107
TOL	TOLL BROTHERS, INC.	2,062 (+4.3%)	$279 (+2.1%)	0.0%	$121.01	+12.2%	COM	889478103
GIS	GENERAL MILLS, INC.	12,131 (+9.5%)	$564 (+1.0%)	0.0%	$61.12	-22.4%	COM	370334104
NCLH	NORWEGIAN CRUISE LINE HOLDINGS	9,730 (+11.7%)	$217 (+1.2%)	0.0%	$18.23	+15.8%	COM	G66721104

Exited Positions (89)

XOM EXXON MOBIL CORP 0.3%

Value ($000) $3,780 Shares 33,526 Est. Cost $109.70 Unrealized +5.3%

APP APPLOVIN CORP 0.2%

Value ($000) $2,754 Shares 3,833 Est. Cost $324.21 Unrealized +94.4%

AON AON PLC 0.1%

Value ($000) $1,457 Shares 4,087 Est. Cost $299.92 Unrealized +16.4%

MDT MEDTRONIC PLC 0.1%

Value ($000) $1,308 Shares 13,732 Est. Cost $91.27 Unrealized +6.4%

GD GENERAL DYNAMICS CORPORATION 0.1%

Value ($000) $1,070 Shares 3,137 Est. Cost $255.81 Unrealized +33.2%

DUK DUKE ENERGY CORPORATION 0.1%

Value ($000) $1,046 Shares 8,451 Est. Cost $119.80 Unrealized +1.5%

— CRH PLC 0.1%

Value ($000) $1,020 Shares 8,505 Est. Cost $119.90 Unrealized —

ELV ELEVANCE HEALTH INC 0.1%

Value ($000) $958 Shares 2,964 Est. Cost $388.24 Unrealized -13.3%

USB US BANCORP 0.1%

Value ($000) $923 Shares 19,105 Est. Cost $38.33 Unrealized +27.1%

APO APOLLO GLOBAL MANAGEMENT INC 0.1%

Value ($000) $890 Shares 6,676 Est. Cost $131.37 Unrealized +0.9%

CDNS CADENCE DESIGN SYSTEMS, INC. 0.1%

Value ($000) $889 Shares 2,530 Est. Cost $290.76 Unrealized +12.2%

— UNILEVER PLC 0.1%

Value ($000) $870 Shares 14,678 Est. Cost $57.57 Unrealized —

IDXX IDEXX LABORATORIES INCORPORATE 0.1%

Value ($000) $799 Shares 1,251 Est. Cost $484.22 Unrealized +40.6%

SLB SLB NV 0.1%

Value ($000) $774 Shares 22,528 Est. Cost $40.43 Unrealized -10.8%

SNPS SYNOPSYS, INC. 0.1%

Value ($000) $718 Shares 1,456 Est. Cost $485.05 Unrealized -8.4%

EW EDWARDS LIFESCIENCES CORPORATI 0.1%

Value ($000) $708 Shares 9,103 Est. Cost $80.62 Unrealized +1.8%

EBAY EBAY INCORPORATED 0.0%

Value ($000) $661 Shares 7,269 Est. Cost $52.07 Unrealized +65.9%

RJF RAYMOND JAMES FINANCIAL, INC. 0.0%

Value ($000) $649 Shares 3,763 Est. Cost $152.54 Unrealized +5.5%

EQT EQT CORPORATION 0.0%

Value ($000) $641 Shares 11,768 Est. Cost $41.81 Unrealized +34.3%

VICI VICI PROPERTIES INC 0.0%

Value ($000) $627 Shares 19,231 Est. Cost $30.52 Unrealized -4.0%

MTB M&T BANK CORPORATION 0.0%

Value ($000) $620 Shares 3,136 Est. Cost $172.90 Unrealized +9.9%

SMCI SUPER MICRO COMPUTER INC 0.0%

Value ($000) $600 Shares 12,512 Est. Cost $38.54 Unrealized +6.8%

FOXA FOX CORP 0.0%

Value ($000) $597 Shares 9,460 Est. Cost $33.73 Unrealized +93.7%

CNC CENTENE CORPORATION 0.0%

Value ($000) $589 Shares 16,498 Est. Cost $59.94 Unrealized -37.5%

FITB FIFTH THIRD BANCORP 0.0%

Value ($000) $584 Shares 13,119 Est. Cost $38.56 Unrealized +13.2%

VRSN VERISIGN, INC 0.0%

Value ($000) $564 Shares 2,016 Est. Cost $176.76 Unrealized +41.9%

ZM ZOOM COMMUNICATIONS INC 0.0%

Value ($000) $526 Shares 6,375 Est. Cost $61.48 Unrealized +36.9%

LPLA LPL FINANCIAL HOLDINGS INCORPO 0.0%

Value ($000) $523 Shares 1,573 Est. Cost $276.69 Unrealized +27.8%

NTAP NETAPP INC 0.0%

Value ($000) $494 Shares 4,172 Est. Cost $110.00 Unrealized +3.3%

GDDY GODADDY INC 0.0%

Value ($000) $490 Shares 3,584 Est. Cost $176.97 Unrealized -26.9%

WSM WILLIAMS-SONOMA, INC. 0.0%

Value ($000) $475 Shares 2,429 Est. Cost $190.33 Unrealized -1.6%

FCNCA FIRST CITIZENS BANCSHARES INC 0.0%

Value ($000) $472 Shares 264 Est. Cost $1671.04 Unrealized +12.7%

TROW T ROWE PRICE GROUP INC 0.0%

Value ($000) $457 Shares 4,451 Est. Cost $88.64 Unrealized +15.3%

FLEX FLEX LTD 0.0%

Value ($000) $446 Shares 7,702 Est. Cost $53.12 Unrealized +16.3%

L LOEWS CORPORATION 0.0%

Value ($000) $442 Shares 4,404 Est. Cost $87.62 Unrealized +17.8%

FSLR FIRST SOLAR, INC. 0.0%

Value ($000) $440 Shares 1,995 Est. Cost $147.64 Unrealized +70.8%

CIEN CIENA CORP 0.0%

Value ($000) $437 Shares 3,003 Est. Cost $79.05 Unrealized +145.4%

ON ON SEMICONDUCTOR CORPORATION 0.0%

Value ($000) $404 Shares 8,194 Est. Cost $69.51 Unrealized -26.2%

ZBH ZIMMER BIOMET HOLDINGS INC 0.0%

Value ($000) $398 Shares 4,040 Est. Cost $95.97 Unrealized -1.4%

TRMB TRIMBLE INC 0.0%

Value ($000) $397 Shares 4,866 Est. Cost $81.58 Unrealized -2.3%

FFIV F5 INC 0.0%

Value ($000) $385 Shares 1,190 Est. Cost $279.63 Unrealized -3.8%

PFG PRINCIPAL FINANCIAL GROUP, INC 0.0%

Value ($000) $381 Shares 4,595 Est. Cost $78.65 Unrealized +6.6%

CRBG COREBRIDGE FINANCIAL INC 0.0%

Value ($000) $369 Shares 11,525 Est. Cost $27.31 Unrealized +11.9%

SNA SNAP-ON INCORPORATED 0.0%

Value ($000) $368 Shares 1,063 Est. Cost $264.39 Unrealized +28.8%

PFGC PERFORMANCE FOOD GROUP CO 0.0%

Value ($000) $331 Shares 3,184 Est. Cost $69.72 Unrealized +38.5%

BSY BENTLEY SYSTEMS INC 0.0%

Value ($000) $320 Shares 6,225 Est. Cost $46.10 Unrealized -1.3%

HOLX HOLOGIC INC 0.0%

Value ($000) $317 Shares 4,697 Est. Cost $74.96 Unrealized -2.5%

DOW DOW INC 0.0%

Value ($000) $314 Shares 13,683 Est. Cost $27.80 Unrealized -18.1%

TXT TEXTRON INC. 0.0%

Value ($000) $313 Shares 3,703 Est. Cost $83.66 Unrealized -0.0%

ZBRA ZEBRA TECHNOLOGIES CORPORATION 0.0%

Value ($000) $309 Shares 1,039 Est. Cost $319.44 Unrealized -16.3%

MEDP MEDPACE HOLDINGS INC 0.0%

Value ($000) $306 Shares 596 Est. Cost $339.05 Unrealized +67.4%

WPC WP CAREY INC 0.0%

Value ($000) $305 Shares 4,517 Est. Cost $67.57 Unrealized —

CF CF INDUSTRIES HOLDINGS, INC. 0.0%

Value ($000) $302 Shares 3,372 Est. Cost $81.01 Unrealized +1.1%

UNM UNUM GROUP 0.0%

Value ($000) $285 Shares 3,665 Est. Cost $52.13 Unrealized +46.7%

EWBC EAST WEST BANCORP INCORPORATED 0.0%

Value ($000) $284 Shares 2,670 Est. Cost $72.38 Unrealized +45.3%

SNX TD SYNNEX CORP 0.0%

Value ($000) $271 Shares 1,656 Est. Cost $116.29 Unrealized +31.4%

MOH MOLINA HEALTHCARE, INC. 0.0%

Value ($000) $269 Shares 1,408 Est. Cost $330.47 Unrealized -50.3%

CNA CNA FINANCIAL CORPORATION 0.0%

Value ($000) $268 Shares 5,773 Est. Cost $40.42 Unrealized +13.4%

UHS UNIVERSAL HEALTH SERVICES, INC 0.0%

Value ($000) $268 Shares 1,309 Est. Cost $179.96 Unrealized +22.8%

DOC HEALTHPEAK PROPERTIES INC 0.0%

Value ($000) $266 Shares 13,893 Est. Cost $17.57 Unrealized -0.6%

SOLV SOLVENTUM CORP 0.0%

Value ($000) $256 Shares 3,511 Est. Cost $74.34 Unrealized +3.0%

AFG AMERICAN FINANCIAL GROUP, INC. 0.0%

Value ($000) $254 Shares 1,745 Est. Cost $127.48 Unrealized +4.8%

GL GLOBE LIFE INC 0.0%

Value ($000) $254 Shares 1,777 Est. Cost $94.86 Unrealized +42.8%

SCI SERVICE CORPORATION INTERNATIO 0.0%

Value ($000) $247 Shares 2,974 Est. Cost $79.79 Unrealized +0.3%

BXP BXP INC 0.0%

Value ($000) $246 Shares 3,305 Est. Cost $75.89 Unrealized -7.3%

PAYC PAYCOM SOFTWARE INC 0.0%

Value ($000) $245 Shares 1,179 Est. Cost $172.08 Unrealized +2.8%

OC OWENS-CORNING 0.0%

Value ($000) $238 Shares 1,680 Est. Cost $172.83 Unrealized -32.1%

SWKS SKYWORKS SOLUTIONS, INC. 0.0%

Value ($000) $237 Shares 3,073 Est. Cost $91.51 Unrealized -24.1%

AIZ ASSURANT, INC. 0.0%

Value ($000) $236 Shares 1,088 Est. Cost $194.44 Unrealized +14.6%

VTRS VIATRIS INC 0.0%

Value ($000) $235 Shares 23,771 Est. Cost $10.23 Unrealized +4.8%

EXEL EXELIXIS, INC. 0.0%

Value ($000) $234 Shares 5,674 Est. Cost $32.44 Unrealized +27.5%

HST HOST HOTELS & RESORTS INC 0.0%

Value ($000) $232 Shares 13,647 Est. Cost $15.48 Unrealized +9.4%

PAG PENSKE AUTOMOTIVE GROUP INC 0.0%

Value ($000) $229 Shares 1,316 Est. Cost $152.16 Unrealized +8.1%

CCK CROWN HOLDINGS, INC. 0.0%

Value ($000) $226 Shares 2,338 Est. Cost $94.62 Unrealized +2.9%

ORI OLD REPUBLIC INTERNATIONAL COR 0.0%

Value ($000) $224 Shares 5,282 Est. Cost $36.04 Unrealized +13.3%

MLI MUELLER INDUSTRIES, INC. 0.0%

Value ($000) $224 Shares 2,212 Est. Cost $91.43 Unrealized +17.4%

MOS MOSAIC CO 0.0%

Value ($000) $223 Shares 6,422 Est. Cost $26.03 Unrealized +2.8%

CACI CACI INTERNATIONAL INC 0.0%

Value ($000) $222 Shares 445 Est. Cost $483.82 Unrealized +16.8%

AYI ACUITY INC 0.0%

Value ($000) $218 Shares 634 Est. Cost $258.41 Unrealized +39.8%

WMS ADVANCED DRAINAGE SYSTEMS INC 0.0%

Value ($000) $216 Shares 1,558 Est. Cost $135.37 Unrealized +6.9%

DVA DAVITA INC 0.0%

Value ($000) $215 Shares 1,616 Est. Cost $137.82 Unrealized -11.8%

KNSL KINSALE CAPITAL GROUP INC 0.0%

Value ($000) $209 Shares 492 Est. Cost $465.81 Unrealized -12.5%

— INTERPUBLIC GROUP OF COMPANIES 0.0%

Value ($000) $209 Shares 7,481 Est. Cost $28.65 Unrealized -9.4%

CNM CORE & MAIN INC 0.0%

Value ($000) $208 Shares 3,860 Est. Cost $54.69 Unrealized -6.2%

BMRN BIOMARIN PHARMACEUTICAL INC 0.0%

Value ($000) $207 Shares 3,826 Est. Cost $58.89 Unrealized -7.5%

ELAN ELANCO ANIMAL HEALTH INC 0.0%

Value ($000) $207 Shares 10,280 Est. Cost $16.75 Unrealized +29.9%

WCC WESCO INTERNATIONAL, INC. 0.0%

Value ($000) $206 Shares 975 Est. Cost $163.95 Unrealized +49.4%

COKE COCA-COLA CONSOLIDATED INC 0.0%

Value ($000) $206 Shares 1,755 Est. Cost $119.99 Unrealized +22.0%

AM ANTERO MIDSTREAM CORP 0.0%

Value ($000) $203 Shares 10,445 Est. Cost $15.67 Unrealized +13.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL CORP	33,526	$3,780	0.3%	$109.70	+5.3%	—	30231G102
APP	APPLOVIN CORP	3,833	$2,754	0.2%	$324.21	+94.4%	—	03831W108
AON	AON PLC	4,087	$1,457	0.1%	$299.92	+16.4%	—	G0403H108
MDT	MEDTRONIC PLC	13,732	$1,308	0.1%	$91.27	+6.4%	—	G5960L103
GD	GENERAL DYNAMICS CORPORATION	3,137	$1,070	0.1%	$255.81	+33.2%	—	369550108
DUK	DUKE ENERGY CORPORATION	8,451	$1,046	0.1%	$119.80	+1.5%	—	26441C204
—	CRH PLC	8,505	$1,020	0.1%	$119.90	—	—	12626K203
ELV	ELEVANCE HEALTH INC	2,964	$958	0.1%	$388.24	-13.3%	—	036752103
USB	US BANCORP	19,105	$923	0.1%	$38.33	+27.1%	—	902973304
APO	APOLLO GLOBAL MANAGEMENT INC	6,676	$890	0.1%	$131.37	+0.9%	—	03769M106
CDNS	CADENCE DESIGN SYSTEMS, INC.	2,530	$889	0.1%	$290.76	+12.2%	—	127387108
—	UNILEVER PLC	14,678	$870	0.1%	$57.57	—	—	904767704
IDXX	IDEXX LABORATORIES INCORPORATE	1,251	$799	0.1%	$484.22	+40.6%	—	45168D104
SLB	SLB NV	22,528	$774	0.1%	$40.43	-10.8%	—	806857108
SNPS	SYNOPSYS, INC.	1,456	$718	0.1%	$485.05	-8.4%	—	871607107
EW	EDWARDS LIFESCIENCES CORPORATI	9,103	$708	0.1%	$80.62	+1.8%	—	28176E108
EBAY	EBAY INCORPORATED	7,269	$661	0.0%	$52.07	+65.9%	—	278642103
RJF	RAYMOND JAMES FINANCIAL, INC.	3,763	$649	0.0%	$152.54	+5.5%	—	754730109
EQT	EQT CORPORATION	11,768	$641	0.0%	$41.81	+34.3%	—	26884L109
VICI	VICI PROPERTIES INC	19,231	$627	0.0%	$30.52	-4.0%	—	925652109
MTB	M&T BANK CORPORATION	3,136	$620	0.0%	$172.90	+9.9%	—	55261F104
SMCI	SUPER MICRO COMPUTER INC	12,512	$600	0.0%	$38.54	+6.8%	—	86800U302
FOXA	FOX CORP	9,460	$597	0.0%	$33.73	+93.7%	—	35137L105
CNC	CENTENE CORPORATION	16,498	$589	0.0%	$59.94	-37.5%	—	15135B101
FITB	FIFTH THIRD BANCORP	13,119	$584	0.0%	$38.56	+13.2%	—	316773100
VRSN	VERISIGN, INC	2,016	$564	0.0%	$176.76	+41.9%	—	92343E102
ZM	ZOOM COMMUNICATIONS INC	6,375	$526	0.0%	$61.48	+36.9%	—	98980L101
LPLA	LPL FINANCIAL HOLDINGS INCORPO	1,573	$523	0.0%	$276.69	+27.8%	—	50212V100
NTAP	NETAPP INC	4,172	$494	0.0%	$110.00	+3.3%	—	64110D104
GDDY	GODADDY INC	3,584	$490	0.0%	$176.97	-26.9%	—	380237107
WSM	WILLIAMS-SONOMA, INC.	2,429	$475	0.0%	$190.33	-1.6%	—	969904101
FCNCA	FIRST CITIZENS BANCSHARES INC	264	$472	0.0%	$1671.04	+12.7%	—	31946M103
TROW	T ROWE PRICE GROUP INC	4,451	$457	0.0%	$88.64	+15.3%	—	74144T108
FLEX	FLEX LTD	7,702	$446	0.0%	$53.12	+16.3%	—	Y2573F102
L	LOEWS CORPORATION	4,404	$442	0.0%	$87.62	+17.8%	—	540424108
FSLR	FIRST SOLAR, INC.	1,995	$440	0.0%	$147.64	+70.8%	—	336433107
CIEN	CIENA CORP	3,003	$437	0.0%	$79.05	+145.4%	—	171779309
ON	ON SEMICONDUCTOR CORPORATION	8,194	$404	0.0%	$69.51	-26.2%	—	682189105
ZBH	ZIMMER BIOMET HOLDINGS INC	4,040	$398	0.0%	$95.97	-1.4%	—	98956P102
TRMB	TRIMBLE INC	4,866	$397	0.0%	$81.58	-2.3%	—	896239100
FFIV	F5 INC	1,190	$385	0.0%	$279.63	-3.8%	—	315616102
PFG	PRINCIPAL FINANCIAL GROUP, INC	4,595	$381	0.0%	$78.65	+6.6%	—	74251V102
CRBG	COREBRIDGE FINANCIAL INC	11,525	$369	0.0%	$27.31	+11.9%	—	21871X109
SNA	SNAP-ON INCORPORATED	1,063	$368	0.0%	$264.39	+28.8%	—	833034101
PFGC	PERFORMANCE FOOD GROUP CO	3,184	$331	0.0%	$69.72	+38.5%	—	71377A103
BSY	BENTLEY SYSTEMS INC	6,225	$320	0.0%	$46.10	-1.3%	—	08265T208
HOLX	HOLOGIC INC	4,697	$317	0.0%	$74.96	-2.5%	—	436440101
DOW	DOW INC	13,683	$314	0.0%	$27.80	-18.1%	—	260557103
TXT	TEXTRON INC.	3,703	$313	0.0%	$83.66	-0.0%	—	883203101
ZBRA	ZEBRA TECHNOLOGIES CORPORATION	1,039	$309	0.0%	$319.44	-16.3%	—	989207105
MEDP	MEDPACE HOLDINGS INC	596	$306	0.0%	$339.05	+67.4%	—	58506Q109
WPC	WP CAREY INC	4,517	$305	0.0%	$67.57	—	—	92936U109
CF	CF INDUSTRIES HOLDINGS, INC.	3,372	$302	0.0%	$81.01	+1.1%	—	125269100
UNM	UNUM GROUP	3,665	$285	0.0%	$52.13	+46.7%	—	91529Y106
EWBC	EAST WEST BANCORP INCORPORATED	2,670	$284	0.0%	$72.38	+45.3%	—	27579R104
SNX	TD SYNNEX CORP	1,656	$271	0.0%	$116.29	+31.4%	—	87162W100
MOH	MOLINA HEALTHCARE, INC.	1,408	$269	0.0%	$330.47	-50.3%	—	60855R100
CNA	CNA FINANCIAL CORPORATION	5,773	$268	0.0%	$40.42	+13.4%	—	126117100
UHS	UNIVERSAL HEALTH SERVICES, INC	1,309	$268	0.0%	$179.96	+22.8%	—	913903100
DOC	HEALTHPEAK PROPERTIES INC	13,893	$266	0.0%	$17.57	-0.6%	—	42250P103
SOLV	SOLVENTUM CORP	3,511	$256	0.0%	$74.34	+3.0%	—	83444M101
AFG	AMERICAN FINANCIAL GROUP, INC.	1,745	$254	0.0%	$127.48	+4.8%	—	025932104
GL	GLOBE LIFE INC	1,777	$254	0.0%	$94.86	+42.8%	—	37959E102
SCI	SERVICE CORPORATION INTERNATIO	2,974	$247	0.0%	$79.79	+0.3%	—	817565104
BXP	BXP INC	3,305	$246	0.0%	$75.89	-7.3%	—	101121101
PAYC	PAYCOM SOFTWARE INC	1,179	$245	0.0%	$172.08	+2.8%	—	70432V102
OC	OWENS-CORNING	1,680	$238	0.0%	$172.83	-32.1%	—	690742101
SWKS	SKYWORKS SOLUTIONS, INC.	3,073	$237	0.0%	$91.51	-24.1%	—	83088M102
AIZ	ASSURANT, INC.	1,088	$236	0.0%	$194.44	+14.6%	—	04621X108
VTRS	VIATRIS INC	23,771	$235	0.0%	$10.23	+4.8%	—	92556V106
EXEL	EXELIXIS, INC.	5,674	$234	0.0%	$32.44	+27.5%	—	30161Q104
HST	HOST HOTELS & RESORTS INC	13,647	$232	0.0%	$15.48	+9.4%	—	44107P104
PAG	PENSKE AUTOMOTIVE GROUP INC	1,316	$229	0.0%	$152.16	+8.1%	—	70959W103
CCK	CROWN HOLDINGS, INC.	2,338	$226	0.0%	$94.62	+2.9%	—	228368106
ORI	OLD REPUBLIC INTERNATIONAL COR	5,282	$224	0.0%	$36.04	+13.3%	—	680223104
MLI	MUELLER INDUSTRIES, INC.	2,212	$224	0.0%	$91.43	+17.4%	—	624756102
MOS	MOSAIC CO	6,422	$223	0.0%	$26.03	+2.8%	—	61945C103
CACI	CACI INTERNATIONAL INC	445	$222	0.0%	$483.82	+16.8%	—	127190304
AYI	ACUITY INC	634	$218	0.0%	$258.41	+39.8%	—	00508Y102
WMS	ADVANCED DRAINAGE SYSTEMS INC	1,558	$216	0.0%	$135.37	+6.9%	—	00790R104
DVA	DAVITA INC	1,616	$215	0.0%	$137.82	-11.8%	—	23918K108
KNSL	KINSALE CAPITAL GROUP INC	492	$209	0.0%	$465.81	-12.5%	—	49714P108
—	INTERPUBLIC GROUP OF COMPANIES	7,481	$209	0.0%	$28.65	-9.4%	—	460690100
CNM	CORE & MAIN INC	3,860	$208	0.0%	$54.69	-6.2%	—	21874C102
BMRN	BIOMARIN PHARMACEUTICAL INC	3,826	$207	0.0%	$58.89	-7.5%	—	09061G101
ELAN	ELANCO ANIMAL HEALTH INC	10,280	$207	0.0%	$16.75	+29.9%	—	28414H103
WCC	WESCO INTERNATIONAL, INC.	975	$206	0.0%	$163.95	+49.4%	—	95082P105
COKE	COCA-COLA CONSOLIDATED INC	1,755	$206	0.0%	$119.99	+22.0%	—	191098102
AM	ANTERO MIDSTREAM CORP	10,445	$203	0.0%	$15.67	+13.3%	—	03676B102

Decreased Positions (110)

ORCL ORACLE CORP 1.7%

Value ($000) $23,115 (-48.6%) Shares 118,595 (-25.8%) Est. Cost $152.72 Unrealized +55.9%

DHI D.R. HORTON INC 1.4%

Value ($000) $19,594 (-29.9%) Shares 136,040 (-17.5%) Est. Cost $119.08 Unrealized +27.7%

HPQ HP INC 1.9%

Value ($000) $25,838 (-22.0%) Shares 1,159,712 (-4.7%) Est. Cost $26.71 Unrealized -5.5%

URI UNITED RENTALS INC 1.2%

Value ($000) $16,789 (-28.6%) Shares 20,745 (-15.8%) Est. Cost $459.87 Unrealized +88.5%

AMAT APPLIED MATERIALS, INC. 3.0%

Value ($000) $42,200 (+16.7%) Shares 164,210 (-7.0%) Est. Cost $179.55 Unrealized +33.4%

APTV APTIV PLC 1.4%

Value ($000) $19,680 (-22.5%) Shares 258,638 (-12.2%) Est. Cost $63.38 Unrealized +26.7%

VLO VALERO ENERGY CORP 1.1%

Value ($000) $15,194 (-22.5%) Shares 93,338 (-19.0%) Est. Cost $127.79 Unrealized +32.1%

CBRE CBRE GROUP INCORPORATED 1.5%

Value ($000) $20,507 (-12.2%) Shares 127,540 (-14.0%) Est. Cost $130.65 Unrealized +20.3%

AAPL APPLE INC. 4.8%

Value ($000) $67,118 (+4.3%) Shares 246,884 (-2.3%) Est. Cost $170.14 Unrealized +57.7%

GOOGL ALPHABET INC 3.8%

Value ($000) $53,559 (-4.6%) Shares 171,116 (-25.9%) Est. Cost $133.68 Unrealized +113.6%

VZ VERIZON COMMUNICATIONS 1.8%

Value ($000) $25,431 (-8.6%) Shares 624,377 (-1.4%) Est. Cost $33.07 Unrealized +22.4%

REGN REGENERON PHARMACEUTICALS INCO 1.1%

Value ($000) $14,728 (+17.9%) Shares 19,081 (-14.1%) Est. Cost $768.55 Unrealized -11.7%

MET METLIFE, INC. 1.4%

Value ($000) $19,923 (-9.1%) Shares 252,383 (-5.2%) Est. Cost $64.03 Unrealized +23.3%

PWR QUANTA SERVICES INCORPORATED 1.3%

Value ($000) $18,634 (-9.3%) Shares 44,151 (-11.0%) Est. Cost $206.69 Unrealized +112.5%

SYK STRYKER CORPORATION 0.7%

Value ($000) $10,454 (-14.5%) Shares 29,742 (-10.1%) Est. Cost $276.79 Unrealized +31.3%

CVS CVS HEALTH CORP 0.9%

Value ($000) $12,360 (-11.0%) Shares 155,748 (-15.5%) Est. Cost $67.72 Unrealized +16.2%

DTE DTE ENERGY COMPANY 0.7%

Value ($000) $10,415 (-12.3%) Shares 80,746 (-3.9%) Est. Cost $102.26 Unrealized +31.8%

INCY INCYTE CORP 1.0%

Value ($000) $13,860 (-7.9%) Shares 140,321 (-20.9%) Est. Cost $59.52 Unrealized +62.5%

T AT&T INC 0.1%

Value ($000) $753 (-60.1%) Shares 30,299 (-54.6%) Est. Cost $16.74 Unrealized +51.1%

JPM JPMORGAN CHASE & CO. 1.7%

Value ($000) $23,641 (-3.8%) Shares 73,371 (-5.8%) Est. Cost $161.52 Unrealized +91.6%

PNC PNC FINANCIAL SERVICES GROUP I 0.1%

Value ($000) $993 (-47.1%) Shares 4,755 (-49.1%) Est. Cost $155.86 Unrealized +23.7%

TMUS T-MOBILE US INC 0.1%

Value ($000) $1,450 (-37.8%) Shares 7,141 (-26.6%) Est. Cost $172.17 Unrealized +22.7%

STLD STEEL DYNAMICS INC 0.8%

Value ($000) $10,882 (+8.7%) Shares 64,220 (-10.5%) Est. Cost $130.38 Unrealized +21.5%

PEG PUBLIC SERVICE ENTERPRISE GROU 0.8%

Value ($000) $11,267 (-6.0%) Shares 140,310 (-2.3%) Est. Cost $56.92 Unrealized +42.4%

DHR DANAHER CORP 0.9%

Value ($000) $11,893 (+6.4%) Shares 51,954 (-7.9%) Est. Cost $224.51 Unrealized -2.2%

CRM SALESFORCE INC 0.1%

Value ($000) $1,118 (-38.8%) Shares 4,219 (-45.2%) Est. Cost $266.04 Unrealized -6.7%

MCK MCKESSON CORPORATION 1.1%

Value ($000) $14,829 (+4.7%) Shares 18,078 (-1.4%) Est. Cost $427.66 Unrealized +90.7%

AVGO BROADCOM INC 0.8%

Value ($000) $10,862 (-5.5%) Shares 31,385 (-9.9%) Est. Cost $160.03 Unrealized +123.1%

CB CHUBB LTD 0.1%

Value ($000) $698 (-44.1%) Shares 2,237 (-49.4%) Est. Cost $256.03 Unrealized +14.2%

AFL AFLAC INC 0.0%

Value ($000) $315 (-63.1%) Shares 2,860 (-62.7%) Est. Cost $104.19 Unrealized +5.4%

PFE PFIZER INC 0.1%

Value ($000) $1,044 (-34.0%) Shares 41,912 (-32.5%) Est. Cost $22.35 Unrealized +12.0%

LHX L3HARRIS TECHNOLOGIES INC 0.0%

Value ($000) $484 (-50.8%) Shares 1,649 (-48.8%) Est. Cost $227.05 Unrealized +27.0%

ACGL ARCH CAPITAL GROUP LTD. 0.0%

Value ($000) $267 (-63.3%) Shares 2,786 (-65.3%) Est. Cost $92.42 Unrealized -1.0%

HIG HARTFORD INSURANCE GROUP INC 0.0%

Value ($000) $258 (-64.0%) Shares 1,874 (-65.1%) Est. Cost $100.16 Unrealized +31.4%

CMI CUMMINS INC 1.7%

Value ($000) $23,350 (-1.9%) Shares 45,744 (-18.8%) Est. Cost $250.93 Unrealized +85.8%

NSC NORFOLK SOUTHERN CORPORATION 0.1%

Value ($000) $1,669 (-20.8%) Shares 5,781 (-17.6%) Est. Cost $226.94 Unrealized +27.2%

MSI MOTOROLA SOLUTIONS INCORPORATI 0.0%

Value ($000) $519 (-45.6%) Shares 1,354 (-35.2%) Est. Cost $361.31 Unrealized +10.9%

CMCSA COMCAST CORP 0.1%

Value ($000) $1,021 (-29.2%) Shares 34,148 (-25.5%) Est. Cost $36.86 Unrealized -22.6%

NUE NUCOR CORP 0.0%

Value ($000) $206 (-66.6%) Shares 1,263 (-72.3%) Est. Cost $163.57 Unrealized -8.4%

TSN TYSON FOODS, INC. 1.0%

Value ($000) $14,429 (+2.9%) Shares 246,148 (-4.7%) Est. Cost $54.26 Unrealized +0.6%

ADSK AUTODESK, INC. 0.0%

Value ($000) $316 (-56.1%) Shares 1,067 (-52.9%) Est. Cost $283.70 Unrealized +6.6%

LEN LENNAR CORPORATION 0.0%

Value ($000) $284 (-58.6%) Shares 2,765 (-49.2%) Est. Cost $143.27 Unrealized -15.8%

KLAC KLA CORP 2.7%

Value ($000) $38,376 (-0.9%) Shares 31,583 (-12.1%) Est. Cost $405.72 Unrealized +188.8%

A AGILENT TECHNOLOGIES, INC. 0.0%

Value ($000) $397 (-46.5%) Shares 2,915 (-49.6%) Est. Cost $134.98 Unrealized +6.5%

LLY ELI LILLY AND COMPANY 0.1%

Value ($000) $1,209 (+37.4%) Shares 1,125 (-2.4%) Est. Cost $610.10 Unrealized +56.6%

DELL DELL TECHNOLOGIES INC 0.1%

Value ($000) $1,181 (-21.7%) Shares 9,382 (-11.8%) Est. Cost $112.13 Unrealized +25.5%

FDX FEDEX CORPORATION 0.0%

Value ($000) $404 (-44.4%) Shares 1,399 (-54.6%) Est. Cost $228.30 Unrealized +14.6%

CHTR CHARTER COMMUNICATIONS INC 0.0%

Value ($000) $394 (-45.0%) Shares 1,888 (-27.5%) Est. Cost $277.03 Unrealized -18.8%

ALL ALLSTATE CORP 0.0%

Value ($000) $621 (-31.9%) Shares 2,983 (-29.7%) Est. Cost $196.87 Unrealized +3.7%

QCOM QUALCOMM INCORPORATED 0.1%

Value ($000) $1,378 (-17.4%) Shares 8,058 (-19.7%) Est. Cost $177.36 Unrealized -3.7%

HD HOME DEPOT INC 0.1%

Value ($000) $706 (-28.8%) Shares 2,051 (-16.2%) Est. Cost $326.44 Unrealized +11.7%

EFX EQUIFAX, INCORPORATED 0.0%

Value ($000) $290 (-48.9%) Shares 1,337 (-39.6%) Est. Cost $252.97 Unrealized -13.6%

EME EMCOR GROUP INC 0.0%

Value ($000) $332 (-45.5%) Shares 542 (-42.1%) Est. Cost $440.85 Unrealized +46.9%

CTSH COGNIZANT TECHNOLOGY SOLUTIONS 0.0%

Value ($000) $382 (-41.9%) Shares 4,599 (-53.0%) Est. Cost $67.23 Unrealized +11.0%

SYF SYNCHRONY FINANCIAL 0.0%

Value ($000) $265 (-50.9%) Shares 3,180 (-58.2%) Est. Cost $59.81 Unrealized +27.6%

BAC BANK OF AMERICA CORPORATION 1.7%

Value ($000) $24,049 (+1.1%) Shares 437,260 (-5.1%) Est. Cost $33.21 Unrealized +58.6%

CBOE CBOE GLOBAL MARKETS INC 0.0%

Value ($000) $374 (-40.8%) Shares 1,492 (-42.1%) Est. Cost $176.30 Unrealized +41.1%

GEHC GE HEALTHCARE TECHNOLOGIES INC 0.0%

Value ($000) $443 (-36.6%) Shares 5,401 (-42.0%) Est. Cost $82.73 Unrealized -5.8%

DOV DOVER CORPORATION 0.0%

Value ($000) $229 (-50.7%) Shares 1,171 (-57.9%) Est. Cost $178.62 Unrealized +1.8%

PYPL PAYPAL HOLDINGS INC 0.0%

Value ($000) $641 (-25.9%) Shares 10,986 (-14.9%) Est. Cost $64.89 Unrealized -0.1%

SRE SEMPRA 0.1%

Value ($000) $916 (-19.0%) Shares 10,376 (-17.5%) Est. Cost $72.81 Unrealized +24.4%

INGR INGREDION INCORPORATION 0.1%

Value ($000) $771 (-21.6%) Shares 6,989 (-13.1%) Est. Cost $127.47 Unrealized -11.5%

DAL DELTA AIR LINES INC 0.0%

Value ($000) $542 (-28.1%) Shares 7,804 (-41.2%) Est. Cost $48.50 Unrealized +28.8%

UAL UNITED AIRLINES HOLDINGS INC 0.0%

Value ($000) $430 (-32.5%) Shares 3,844 (-41.8%) Est. Cost $52.98 Unrealized +90.7%

GPN GLOBAL PAYMENTS INC. 0.0%

Value ($000) $209 (-49.8%) Shares 2,698 (-46.1%) Est. Cost $83.75 Unrealized -4.1%

ABT ABBOTT LABORATORIES 0.1%

Value ($000) $724 (-21.1%) Shares 5,777 (-15.7%) Est. Cost $105.42 Unrealized +20.8%

AME AMETEK INC 0.0%

Value ($000) $646 (-21.5%) Shares 3,148 (-28.1%) Est. Cost $171.25 Unrealized +13.5%

GPC GENUINE PARTS COMPANY 0.0%

Value ($000) $210 (-45.6%) Shares 1,708 (-38.6%) Est. Cost $141.59 Unrealized -9.1%

ETN EATON CORP PLC 0.1%

Value ($000) $813 (-17.4%) Shares 2,552 (-3.0%) Est. Cost $234.16 Unrealized +51.3%

MPC MARATHON PETROLEUM CORP 0.1%

Value ($000) $831 (-17.1%) Shares 5,109 (-1.7%) Est. Cost $160.44 Unrealized +16.2%

TMO THERMO FISHER SCIENTIFIC INC. 1.0%

Value ($000) $14,129 (-1.2%) Shares 24,383 (-17.3%) Est. Cost $529.13 Unrealized +6.8%

PPG PPG INDUSTRIES, INC. 0.0%

Value ($000) $311 (-35.0%) Shares 3,039 (-33.3%) Est. Cost $124.51 Unrealized -19.6%

TAP MOLSON COORS BEVERAGE CO 0.1%

Value ($000) $852 (-16.3%) Shares 18,252 (-18.9%) Est. Cost $52.53 Unrealized -12.8%

PCAR PACCAR INC 0.1%

Value ($000) $1,503 (-9.3%) Shares 13,723 (-18.6%) Est. Cost $92.12 Unrealized +9.9%

ADM ARCHER-DANIELS-MIDLAND CO 0.0%

Value ($000) $418 (-26.0%) Shares 7,265 (-23.1%) Est. Cost $57.71 Unrealized +3.1%

VLTO VERALTO CORP 0.0%

Value ($000) $400 (-26.3%) Shares 4,010 (-21.2%) Est. Cost $104.77 Unrealized -3.6%

EXPE EXPEDIA GROUP INC 0.0%

Value ($000) $684 (+23.2%) Shares 2,413 (-7.0%) Est. Cost $161.40 Unrealized +53.0%

LRCX LAM RESEARCH CORPORATION 0.1%

Value ($000) $1,884 (-6.3%) Shares 11,005 (-26.7%) Est. Cost $78.86 Unrealized +97.0%

DKS DICK'S SPORTING GOODS, INC. 0.0%

Value ($000) $226 (-35.7%) Shares 1,143 (-27.8%) Est. Cost $215.56 Unrealized +0.7%

WAT WATERS CORP 0.0%

Value ($000) $252 (-32.2%) Shares 663 (-46.4%) Est. Cost $319.12 Unrealized +15.3%

ALLE ALLEGION PLC 0.0%

Value ($000) $263 (-31.0%) Shares 1,649 (-23.2%) Est. Cost $121.88 Unrealized +36.8%

HCA HCA HEALTHCARE INC 0.1%

Value ($000) $1,564 (+7.9%) Shares 3,350 (-1.5%) Est. Cost $321.80 Unrealized +44.1%

FICO FAIR ISAAC CORP. 0.1%

Value ($000) $727 (-13.4%) Shares 430 (-23.4%) Est. Cost $1402.04 Unrealized +22.8%

PNR PENTAIR PLC 0.0%

Value ($000) $259 (-29.5%) Shares 2,484 (-25.0%) Est. Cost $79.73 Unrealized +33.9%

UTHR UNITED THERAPEUTICS CORPORATIO 0.0%

Value ($000) $277 (-28.0%) Shares 569 (-38.1%) Est. Cost $267.42 Unrealized +74.1%

CCL CARNIVAL CORP 0.0%

Value ($000) $567 (-15.2%) Shares 18,556 (-19.8%) Est. Cost $21.40 Unrealized +30.3%

ULTA ULTA BEAUTY INC 0.0%

Value ($000) $412 (-19.2%) Shares 681 (-27.0%) Est. Cost $375.07 Unrealized +46.6%

VSLU APPLIED FINANCE VALUATION LARGE CAP ETF 0.2%

Value ($000) $3,135 (+3.1%) Shares 70,827 (-1.1%) Est. Cost $38.88 Unrealized —

THC TENET HEALTHCARE CORPORATION 0.0%

Value ($000) $315 (-22.8%) Shares 1,584 (-21.1%) Est. Cost $120.38 Unrealized +67.9%

CDW CDW CORP 0.0%

Value ($000) $339 (-20.9%) Shares 2,488 (-7.5%) Est. Cost $226.29 Unrealized -35.0%

STT STATE STREET CORP 0.1%

Value ($000) $1,084 (+9.0%) Shares 8,404 (-2.0%) Est. Cost $70.73 Unrealized +68.2%

FIX COMFORT SYSTEMS USA INC 0.0%

Value ($000) $533 (-14.0%) Shares 571 (-24.0%) Est. Cost $434.87 Unrealized +112.2%

BIIB BIOGEN INC 0.0%

Value ($000) $317 (-21.2%) Shares 1,804 (-37.3%) Est. Cost $124.60 Unrealized +31.1%

IQV IQVIA HOLDINGS INC 0.1%

Value ($000) $735 (+12.3%) Shares 3,262 (-5.4%) Est. Cost $227.28 Unrealized -4.3%

BALL BALL CORPORATION 0.0%

Value ($000) $201 (-28.4%) Shares 3,801 (-31.9%) Est. Cost $51.75 Unrealized -5.1%

CVX CHEVRON CORP 0.1%

Value ($000) $890 (-8.2%) Shares 5,838 (-6.4%) Est. Cost $149.64 Unrealized +1.2%

DG DOLLAR GENERAL CORPORATION 0.0%

Value ($000) $527 (+17.5%) Shares 3,973 (-8.5%) Est. Cost $128.12 Unrealized -13.0%

LII LENNOX INTERNATIONAL INCORPORA 0.0%

Value ($000) $303 (-19.9%) Shares 625 (-12.7%) Est. Cost $554.73 Unrealized -9.9%

RNR RENAISSANCERE HOLDINGS LTD. 0.0%

Value ($000) $204 (-22.9%) Shares 725 (-30.4%) Est. Cost $223.97 Unrealized +17.5%

RTX RTX CORP 0.1%

Value ($000) $1,135 (+5.2%) Shares 6,188 (-4.1%) Est. Cost $104.61 Unrealized +65.7%

SN SHARKNINJA INC 0.0%

Value ($000) $230 (-18.4%) Shares 2,057 (-24.8%) Est. Cost $114.21 Unrealized -13.7%

SPG SIMON PROPERTY GROUP INC 0.1%

Value ($000) $885 (-5.1%) Shares 4,781 (-3.8%) Est. Cost $137.91 Unrealized +30.5%

CSX CSX CORP 0.1%

Value ($000) $1,049 (-4.1%) Shares 28,943 (-6.1%) Est. Cost $32.88 Unrealized +8.6%

NVS NOVARTIS AG 0.1%

Value ($000) $1,014 (+4.5%) Shares 7,352 (-2.8%) Est. Cost $105.56 Unrealized —

IT GARTNER INCORPORATED 0.0%

Value ($000) $391 (-9.5%) Shares 1,550 (-5.7%) Est. Cost $447.26 Unrealized -46.2%

OHI OMEGA HEALTHCARE INVESTORS, IN 0.1%

Value ($000) $1,088 (+2.9%) Shares 24,530 (-2.0%) Est. Cost $36.08 Unrealized —

TRV TRAVELERS COMPANIES INC 1.7%

Value ($000) $23,496 (-0.1%) Shares 81,003 (-3.9%) Est. Cost $184.35 Unrealized +52.2%

PRU PRUDENTIAL FINANCIAL, INCORPOR 0.1%

Value ($000) $869 (-2.0%) Shares 7,702 (-9.9%) Est. Cost $102.74 Unrealized +3.7%

FTV FORTIVE CORP 0.0%

Value ($000) $328 (-3.3%) Shares 5,946 (-14.2%) Est. Cost $57.18 Unrealized -9.3%

GWW WW GRAINGER INC 0.0%

Value ($000) $687 (-1.4%) Shares 681 (-6.8%) Est. Cost $1033.16 Unrealized -6.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	ORACLE CORP	118,595 (-25.8%)	$23,115 (-48.6%)	1.7%	$152.72	+55.9%	COM	68389X105
DHI	D.R. HORTON INC	136,040 (-17.5%)	$19,594 (-29.9%)	1.4%	$119.08	+27.7%	COM	23331A109
HPQ	HP INC	1,159,712 (-4.7%)	$25,838 (-22.0%)	1.9%	$26.71	-5.5%	COM	40434L105
URI	UNITED RENTALS INC	20,745 (-15.8%)	$16,789 (-28.6%)	1.2%	$459.87	+88.5%	COM	911363109
AMAT	APPLIED MATERIALS, INC.	164,210 (-7.0%)	$42,200 (+16.7%)	3.0%	$179.55	+33.4%	COM	038222105
APTV	APTIV PLC	258,638 (-12.2%)	$19,680 (-22.5%)	1.4%	$63.38	+26.7%	COM	G3265R107
VLO	VALERO ENERGY CORP	93,338 (-19.0%)	$15,194 (-22.5%)	1.1%	$127.79	+32.1%	COM	91913Y100
CBRE	CBRE GROUP INCORPORATED	127,540 (-14.0%)	$20,507 (-12.2%)	1.5%	$130.65	+20.3%	COM	12504L109
AAPL	APPLE INC.	246,884 (-2.3%)	$67,118 (+4.3%)	4.8%	$170.14	+57.7%	COM	037833100
GOOGL	ALPHABET INC	171,116 (-25.9%)	$53,559 (-4.6%)	3.8%	$133.68	+113.6%	COM	02079K305
VZ	VERIZON COMMUNICATIONS	624,377 (-1.4%)	$25,431 (-8.6%)	1.8%	$33.07	+22.4%	COM	92343V104
REGN	REGENERON PHARMACEUTICALS INCO	19,081 (-14.1%)	$14,728 (+17.9%)	1.1%	$768.55	-11.7%	COM	75886F107
MET	METLIFE, INC.	252,383 (-5.2%)	$19,923 (-9.1%)	1.4%	$64.03	+23.3%	COM	59156R108
PWR	QUANTA SERVICES INCORPORATED	44,151 (-11.0%)	$18,634 (-9.3%)	1.3%	$206.69	+112.5%	COM	74762E102
SYK	STRYKER CORPORATION	29,742 (-10.1%)	$10,454 (-14.5%)	0.7%	$276.79	+31.3%	COM	863667101
CVS	CVS HEALTH CORP	155,748 (-15.5%)	$12,360 (-11.0%)	0.9%	$67.72	+16.2%	COM	126650100
DTE	DTE ENERGY COMPANY	80,746 (-3.9%)	$10,415 (-12.3%)	0.7%	$102.26	+31.8%	COM	233331107
INCY	INCYTE CORP	140,321 (-20.9%)	$13,860 (-7.9%)	1.0%	$59.52	+62.5%	COM	45337C102
T	AT&T INC	30,299 (-54.6%)	$753 (-60.1%)	0.1%	$16.74	+51.1%	COM	00206R102
JPM	JPMORGAN CHASE & CO.	73,371 (-5.8%)	$23,641 (-3.8%)	1.7%	$161.52	+91.6%	COM	46625H100
PNC	PNC FINANCIAL SERVICES GROUP I	4,755 (-49.1%)	$993 (-47.1%)	0.1%	$155.86	+23.7%	COM	693475105
TMUS	T-MOBILE US INC	7,141 (-26.6%)	$1,450 (-37.8%)	0.1%	$172.17	+22.7%	COM	872590104
STLD	STEEL DYNAMICS INC	64,220 (-10.5%)	$10,882 (+8.7%)	0.8%	$130.38	+21.5%	COM	858119100
PEG	PUBLIC SERVICE ENTERPRISE GROU	140,310 (-2.3%)	$11,267 (-6.0%)	0.8%	$56.92	+42.4%	COM	744573106
DHR	DANAHER CORP	51,954 (-7.9%)	$11,893 (+6.4%)	0.9%	$224.51	-2.2%	COM	235851102
CRM	SALESFORCE INC	4,219 (-45.2%)	$1,118 (-38.8%)	0.1%	$266.04	-6.7%	COM	79466L302
MCK	MCKESSON CORPORATION	18,078 (-1.4%)	$14,829 (+4.7%)	1.1%	$427.66	+90.7%	COM	58155Q103
AVGO	BROADCOM INC	31,385 (-9.9%)	$10,862 (-5.5%)	0.8%	$160.03	+123.1%	COM	11135F101
CB	CHUBB LTD	2,237 (-49.4%)	$698 (-44.1%)	0.1%	$256.03	+14.2%	COM	H1467J104
AFL	AFLAC INC	2,860 (-62.7%)	$315 (-63.1%)	0.0%	$104.19	+5.4%	COM	001055102
PFE	PFIZER INC	41,912 (-32.5%)	$1,044 (-34.0%)	0.1%	$22.35	+12.0%	COM	717081103
LHX	L3HARRIS TECHNOLOGIES INC	1,649 (-48.8%)	$484 (-50.8%)	0.0%	$227.05	+27.0%	COM	502431109
ACGL	ARCH CAPITAL GROUP LTD.	2,786 (-65.3%)	$267 (-63.3%)	0.0%	$92.42	-1.0%	COM	G0450A105
HIG	HARTFORD INSURANCE GROUP INC	1,874 (-65.1%)	$258 (-64.0%)	0.0%	$100.16	+31.4%	COM	416515104
CMI	CUMMINS INC	45,744 (-18.8%)	$23,350 (-1.9%)	1.7%	$250.93	+85.8%	COM	231021106
NSC	NORFOLK SOUTHERN CORPORATION	5,781 (-17.6%)	$1,669 (-20.8%)	0.1%	$226.94	+27.2%	COM	655844108
MSI	MOTOROLA SOLUTIONS INCORPORATI	1,354 (-35.2%)	$519 (-45.6%)	0.0%	$361.31	+10.9%	COM	620076307
CMCSA	COMCAST CORP	34,148 (-25.5%)	$1,021 (-29.2%)	0.1%	$36.86	-22.6%	COM	20030N101
NUE	NUCOR CORP	1,263 (-72.3%)	$206 (-66.6%)	0.0%	$163.57	-8.4%	COM	670346105
TSN	TYSON FOODS, INC.	246,148 (-4.7%)	$14,429 (+2.9%)	1.0%	$54.26	+0.6%	COM	902494103
ADSK	AUTODESK, INC.	1,067 (-52.9%)	$316 (-56.1%)	0.0%	$283.70	+6.6%	COM	052769106
LEN	LENNAR CORPORATION	2,765 (-49.2%)	$284 (-58.6%)	0.0%	$143.27	-15.8%	COM	526057104
KLAC	KLA CORP	31,583 (-12.1%)	$38,376 (-0.9%)	2.7%	$405.72	+188.8%	COM	482480100
A	AGILENT TECHNOLOGIES, INC.	2,915 (-49.6%)	$397 (-46.5%)	0.0%	$134.98	+6.5%	COM	00846U101
LLY	ELI LILLY AND COMPANY	1,125 (-2.4%)	$1,209 (+37.4%)	0.1%	$610.10	+56.6%	COM	532457108
DELL	DELL TECHNOLOGIES INC	9,382 (-11.8%)	$1,181 (-21.7%)	0.1%	$112.13	+25.5%	COM	24703L202
FDX	FEDEX CORPORATION	1,399 (-54.6%)	$404 (-44.4%)	0.0%	$228.30	+14.6%	COM	31428X106
CHTR	CHARTER COMMUNICATIONS INC	1,888 (-27.5%)	$394 (-45.0%)	0.0%	$277.03	-18.8%	COM	16119P108
ALL	ALLSTATE CORP	2,983 (-29.7%)	$621 (-31.9%)	0.0%	$196.87	+3.7%	COM	020002101
QCOM	QUALCOMM INCORPORATED	8,058 (-19.7%)	$1,378 (-17.4%)	0.1%	$177.36	-3.7%	COM	747525103
HD	HOME DEPOT INC	2,051 (-16.2%)	$706 (-28.8%)	0.1%	$326.44	+11.7%	COM	437076102
EFX	EQUIFAX, INCORPORATED	1,337 (-39.6%)	$290 (-48.9%)	0.0%	$252.97	-13.6%	COM	294429105
EME	EMCOR GROUP INC	542 (-42.1%)	$332 (-45.5%)	0.0%	$440.85	+46.9%	COM	29084Q100
CTSH	COGNIZANT TECHNOLOGY SOLUTIONS	4,599 (-53.0%)	$382 (-41.9%)	0.0%	$67.23	+11.0%	COM	192446102
SYF	SYNCHRONY FINANCIAL	3,180 (-58.2%)	$265 (-50.9%)	0.0%	$59.81	+27.6%	COM	87165B103
BAC	BANK OF AMERICA CORPORATION	437,260 (-5.1%)	$24,049 (+1.1%)	1.7%	$33.21	+58.6%	COM	060505104
CBOE	CBOE GLOBAL MARKETS INC	1,492 (-42.1%)	$374 (-40.8%)	0.0%	$176.30	+41.1%	COM	12503M108
GEHC	GE HEALTHCARE TECHNOLOGIES INC	5,401 (-42.0%)	$443 (-36.6%)	0.0%	$82.73	-5.8%	COM	36266G107
DOV	DOVER CORPORATION	1,171 (-57.9%)	$229 (-50.7%)	0.0%	$178.62	+1.8%	COM	260003108
PYPL	PAYPAL HOLDINGS INC	10,986 (-14.9%)	$641 (-25.9%)	0.0%	$64.89	-0.1%	COM	70450Y103
SRE	SEMPRA	10,376 (-17.5%)	$916 (-19.0%)	0.1%	$72.81	+24.4%	COM	816851109
INGR	INGREDION INCORPORATION	6,989 (-13.1%)	$771 (-21.6%)	0.1%	$127.47	-11.5%	COM	457187102
DAL	DELTA AIR LINES INC	7,804 (-41.2%)	$542 (-28.1%)	0.0%	$48.50	+28.8%	COM	247361702
UAL	UNITED AIRLINES HOLDINGS INC	3,844 (-41.8%)	$430 (-32.5%)	0.0%	$52.98	+90.7%	COM	910047109
GPN	GLOBAL PAYMENTS INC.	2,698 (-46.1%)	$209 (-49.8%)	0.0%	$83.75	-4.1%	COM	37940X102
ABT	ABBOTT LABORATORIES	5,777 (-15.7%)	$724 (-21.1%)	0.1%	$105.42	+20.8%	COM	002824100
AME	AMETEK INC	3,148 (-28.1%)	$646 (-21.5%)	0.0%	$171.25	+13.5%	COM	031100100
GPC	GENUINE PARTS COMPANY	1,708 (-38.6%)	$210 (-45.6%)	0.0%	$141.59	-9.1%	COM	372460105
ETN	EATON CORP PLC	2,552 (-3.0%)	$813 (-17.4%)	0.1%	$234.16	+51.3%	COM	G29183103
MPC	MARATHON PETROLEUM CORP	5,109 (-1.7%)	$831 (-17.1%)	0.1%	$160.44	+16.2%	COM	56585A102
TMO	THERMO FISHER SCIENTIFIC INC.	24,383 (-17.3%)	$14,129 (-1.2%)	1.0%	$529.13	+6.8%	COM	883556102
PPG	PPG INDUSTRIES, INC.	3,039 (-33.3%)	$311 (-35.0%)	0.0%	$124.51	-19.6%	COM	693506107
TAP	MOLSON COORS BEVERAGE CO	18,252 (-18.9%)	$852 (-16.3%)	0.1%	$52.53	-12.8%	COM	60871R209
PCAR	PACCAR INC	13,723 (-18.6%)	$1,503 (-9.3%)	0.1%	$92.12	+9.9%	COM	693718108
ADM	ARCHER-DANIELS-MIDLAND CO	7,265 (-23.1%)	$418 (-26.0%)	0.0%	$57.71	+3.1%	COM	039483102
VLTO	VERALTO CORP	4,010 (-21.2%)	$400 (-26.3%)	0.0%	$104.77	-3.6%	COM	92338C103
EXPE	EXPEDIA GROUP INC	2,413 (-7.0%)	$684 (+23.2%)	0.0%	$161.40	+53.0%	COM	30212P303
LRCX	LAM RESEARCH CORPORATION	11,005 (-26.7%)	$1,884 (-6.3%)	0.1%	$78.86	+97.0%	COM	512807306
DKS	DICK'S SPORTING GOODS, INC.	1,143 (-27.8%)	$226 (-35.7%)	0.0%	$215.56	+0.7%	COM	253393102
WAT	WATERS CORP	663 (-46.4%)	$252 (-32.2%)	0.0%	$319.12	+15.3%	COM	941848103
ALLE	ALLEGION PLC	1,649 (-23.2%)	$263 (-31.0%)	0.0%	$121.88	+36.8%	COM	G0176J109
HCA	HCA HEALTHCARE INC	3,350 (-1.5%)	$1,564 (+7.9%)	0.1%	$321.80	+44.1%	COM	40412C101
FICO	FAIR ISAAC CORP.	430 (-23.4%)	$727 (-13.4%)	0.1%	$1402.04	+22.8%	COM	303250104
PNR	PENTAIR PLC	2,484 (-25.0%)	$259 (-29.5%)	0.0%	$79.73	+33.9%	COM	G7S00T104
UTHR	UNITED THERAPEUTICS CORPORATIO	569 (-38.1%)	$277 (-28.0%)	0.0%	$267.42	+74.1%	COM	91307C102
CCL	CARNIVAL CORP	18,556 (-19.8%)	$567 (-15.2%)	0.0%	$21.40	+30.3%	COM	143658300
ULTA	ULTA BEAUTY INC	681 (-27.0%)	$412 (-19.2%)	0.0%	$375.07	+46.6%	COM	90384S303
VSLU	APPLIED FINANCE VALUATION LARGE CAP ETF	70,827 (-1.1%)	$3,135 (+3.1%)	0.2%	$38.88	—	COM	26923N405
THC	TENET HEALTHCARE CORPORATION	1,584 (-21.1%)	$315 (-22.8%)	0.0%	$120.38	+67.9%	COM	88033G407
CDW	CDW CORP	2,488 (-7.5%)	$339 (-20.9%)	0.0%	$226.29	-35.0%	COM	12514G108
STT	STATE STREET CORP	8,404 (-2.0%)	$1,084 (+9.0%)	0.1%	$70.73	+68.2%	COM	857477103
FIX	COMFORT SYSTEMS USA INC	571 (-24.0%)	$533 (-14.0%)	0.0%	$434.87	+112.2%	COM	199908104
BIIB	BIOGEN INC	1,804 (-37.3%)	$317 (-21.2%)	0.0%	$124.60	+31.1%	COM	09062X103
IQV	IQVIA HOLDINGS INC	3,262 (-5.4%)	$735 (+12.3%)	0.1%	$227.28	-4.3%	COM	46266C105
BALL	BALL CORPORATION	3,801 (-31.9%)	$201 (-28.4%)	0.0%	$51.75	-5.1%	COM	058498106
CVX	CHEVRON CORP	5,838 (-6.4%)	$890 (-8.2%)	0.1%	$149.64	+1.2%	COM	166764100
DG	DOLLAR GENERAL CORPORATION	3,973 (-8.5%)	$527 (+17.5%)	0.0%	$128.12	-13.0%	COM	256677105
LII	LENNOX INTERNATIONAL INCORPORA	625 (-12.7%)	$303 (-19.9%)	0.0%	$554.73	-9.9%	COM	526107107
RNR	RENAISSANCERE HOLDINGS LTD.	725 (-30.4%)	$204 (-22.9%)	0.0%	$223.97	+17.5%	COM	G7496G103
RTX	RTX CORP	6,188 (-4.1%)	$1,135 (+5.2%)	0.1%	$104.61	+65.7%	COM	75513E101
SN	SHARKNINJA INC	2,057 (-24.8%)	$230 (-18.4%)	0.0%	$114.21	-13.7%	COM	G8068L108
SPG	SIMON PROPERTY GROUP INC	4,781 (-3.8%)	$885 (-5.1%)	0.1%	$137.91	+30.5%	COM	828806109
CSX	CSX CORP	28,943 (-6.1%)	$1,049 (-4.1%)	0.1%	$32.88	+8.6%	COM	126408103
NVS	NOVARTIS AG	7,352 (-2.8%)	$1,014 (+4.5%)	0.1%	$105.56	—	COM	66987V109
IT	GARTNER INCORPORATED	1,550 (-5.7%)	$391 (-9.5%)	0.0%	$447.26	-46.2%	COM	366651107
OHI	OMEGA HEALTHCARE INVESTORS, IN	24,530 (-2.0%)	$1,088 (+2.9%)	0.1%	$36.08	—	COM	681936100
TRV	TRAVELERS COMPANIES INC	81,003 (-3.9%)	$23,496 (-0.1%)	1.7%	$184.35	+52.2%	COM	89417E109
PRU	PRUDENTIAL FINANCIAL, INCORPOR	7,702 (-9.9%)	$869 (-2.0%)	0.1%	$102.74	+3.7%	COM	744320102
FTV	FORTIVE CORP	5,946 (-14.2%)	$328 (-3.3%)	0.0%	$57.18	-9.3%	COM	34959J108
GWW	WW GRAINGER INC	681 (-6.8%)	$687 (-1.4%)	0.0%	$1033.16	-6.2%	COM	384802104

Unchanged Positions (8)

MSFT MICROSOFT CORPORATION 4.1%

Value ($000) $56,682 Shares 117,205 Est. Cost $459.26 Unrealized +9.0%

WAB WESTINGHOUSE AIR BRAKE TECHNOL 1.4%

Value ($000) $19,139 Shares 89,664 Est. Cost $118.05 Unrealized +73.9%

COP CONOCOPHILLIPS 1.2%

Value ($000) $16,549 Shares 176,789 Est. Cost $104.07 Unrealized -13.5%

UNH UNITEDHEALTH GROUP INC 0.2%

Value ($000) $2,727 Shares 8,262 Est. Cost $298.94 Unrealized +12.8%

TFC TRUIST FINANCIAL CORP 0.1%

Value ($000) $1,017 Shares 20,673 Est. Cost $33.69 Unrealized +35.9%

HAS HASBRO INC 0.1%

Value ($000) $985 Shares 12,018 Est. Cost $55.58 Unrealized +40.4%

NVDA NVIDIA CORPORATION 2.3%

Value ($000) $32,323 Shares 173,311 Est. Cost $102.56 Unrealized +81.5%

HBAN HUNTINGTON BANCSHARES INCORPOR 0.1%

Value ($000) $941 Shares 54,225 Est. Cost $12.51 Unrealized +30.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORPORATION	117,205	$56,682	4.1%	$459.26	+9.0%	COM	594918104
WAB	WESTINGHOUSE AIR BRAKE TECHNOL	89,664	$19,139	1.4%	$118.05	+73.9%	COM	929740108
COP	CONOCOPHILLIPS	176,789	$16,549	1.2%	$104.07	-13.5%	COM	20825C104
UNH	UNITEDHEALTH GROUP INC	8,262	$2,727	0.2%	$298.94	+12.8%	COM	91324P102
TFC	TRUIST FINANCIAL CORP	20,673	$1,017	0.1%	$33.69	+35.9%	COM	89832Q109
HAS	HASBRO INC	12,018	$985	0.1%	$55.58	+40.4%	COM	418056107
NVDA	NVIDIA CORPORATION	173,311	$32,323	2.3%	$102.56	+81.5%	COM	67066G104
HBAN	HUNTINGTON BANCSHARES INCORPOR	54,225	$941	0.1%	$12.51	+30.2%	COM	446150104