Board of the Pension Protection Fund Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GM	GENERAL MTRS CO	22,300	$1,813	1.7%	$70.40	0.0%	COM	37045V100
AVY	AVERY DENNISON CORP	8,600	$1,564	1.5%	$172.31	0.0%	COM	053611109
SW	SMURFIT WESTROCK PLC	36,900	$1,427	1.4%	$38.13	0.0%	SHS	G8267P108
BF/A	BROWN FORMAN CORP	48,100	$1,266	1.2%	$27.75	0.0%	CL A	115637100
LYB	LYONDELLBASELL INDUSTRIES N	12,400	$537	0.5%	$44.45	0.0%	SHS - A -	N53745100
KR	KROGER CO	1,800	$112	0.1%	$65.22	0.0%	COM	501044101
EXC	EXELON CORP	2,500	$109	0.1%	$45.46	0.0%	COM	30161N101
FISV	FISERV INC	1,600	$107	0.1%	$83.87	0.0%	COM	337738108
KHC	KRAFT HEINZ CO	4,300	$104	0.1%	$24.63	0.0%	COM	500754106
ED	CONSOLIDATED EDISON INC	1,000	$99	0.1%	$98.79	0.0%	COM	209115104
NRG	NRG ENERGY INC	600	$96	0.1%	$165.30	0.0%	COM NEW	629377508
HRL	HORMEL FOODS CORP	3,900	$92	0.1%	$23.30	0.0%	COM	440452100
AWK	AMERICAN WTR WKS CO INC NEW	700	$91	0.1%	$133.18	0.0%	COM	030420103
Q	QNITY ELECTRONICS INC	900	$73	0.1%	$84.91	0.0%	COMMON STOCK	74743L100
CNP	CENTERPOINT ENERGY INC	1,900	$73	0.1%	$38.86	0.0%	COM	15189T107
BMY	BRISTOL-MYERS SQUIBB CO	1,300	$70	0.1%	$47.53	0.0%	COM	110122108
ES	EVERSOURCE ENERGY	1,000	$67	0.1%	$69.55	0.0%	COM	30040W108
ATO	ATMOS ENERGY CORP	400	$67	0.1%	$172.31	0.0%	COM	049560105
PYPL	PAYPAL HLDGS INC	1,100	$64	0.1%	$64.84	0.0%	COM	70450Y103
BF/B	BROWN FORMAN CORP	2,400	$63	0.1%	$27.98	0.0%	CL B	115637209
IT	GARTNER INC	240	$61	0.1%	$240.69	0.0%	COM	366651107
MTB	M & T BK CORP	300	$60	0.1%	$190.09	0.0%	COM	55261F104
AMP	AMERIPRISE FINL INC	120	$59	0.1%	$473.82	0.0%	COM	03076C106
PEG	PUBLIC SVC ENTERPRISE GRP IN	700	$56	0.1%	$81.08	0.0%	COM	744573106
ADBE	ADOBE INC	160	$56	0.1%	$340.09	0.0%	COM	00724F101
DGX	QUEST DIAGNOSTICS INC	300	$52	0.0%	$182.07	0.0%	COM	74834L100
OKTA	OKTA INC	600	$52	0.0%	$87.27	0.0%	CL A	679295105
FG	F&G ANNUITIES & LIFE INC	1,680	$52	0.0%	$31.09	0.0%	COMMON STOCK	30190A104
HUM	HUMANA INC	200	$51	0.0%	$261.32	0.0%	COM	444859102
LH	LABCORP HOLDINGS INC	200	$50	0.0%	$265.14	0.0%	COM SHS	504922105
GEHC	GE HEALTHCARE TECHNOLOGIES I	600	$49	0.0%	$77.91	0.0%	COMMON STOCK	36266G107
CPAY	CORPAY INC	160	$48	0.0%	$290.32	0.0%	COM SHS	219948106
ALGN	ALIGN TECHNOLOGY INC	300	$47	0.0%	$143.30	0.0%	COM	016255101
DXCM	DEXCOM INC	700	$46	0.0%	$64.65	0.0%	COM	252131107
AFL	AFLAC INC	400	$44	0.0%	$109.84	0.0%	COM	001055102
CEG	CONSTELLATION ENERGY CORP	120	$42	0.0%	$363.20	0.0%	COM	21037T109
COO	COOPER COS INC	500	$41	0.0%	$74.85	0.0%	COM	216648501
TROW	PRICE T ROWE GROUP INC	400	$41	0.0%	$102.19	0.0%	COM	74144T108
TDY	TELEDYNE TECHNOLOGIES INC	80	$41	0.0%	$526.90	0.0%	COM	879360105
COR	CENCORA INC	120	$41	0.0%	$340.62	0.0%	COM	03073E105
BRO	BROWN & BROWN INC	500	$40	0.0%	$83.36	0.0%	COM	115236101
UNH	UNITEDHEALTH GROUP INC	120	$40	0.0%	$337.21	0.0%	COM	91324P102
VRSN	VERISIGN INC	160	$39	0.0%	$250.80	0.0%	COM	92343E102
BDX	BECTON DICKINSON & CO	200	$39	0.0%	$189.55	0.0%	COM	075887109
STT	STATE STR CORP	300	$39	0.0%	$118.97	0.0%	COM	857477103
RMD	RESMED INC	160	$39	0.0%	$255.44	0.0%	COM	761152107
MCHP	MICROCHIP TECHNOLOGY INC.	600	$38	0.0%	$61.35	0.0%	COM	595017104
ZTS	ZOETIS INC	300	$38	0.0%	$130.26	0.0%	CL A	98978V103
ABT	ABBOTT LABS	300	$38	0.0%	$127.30	0.0%	COM	002824100
GILD	GILEAD SCIENCES INC	300	$37	0.0%	$120.88	0.0%	COM	375558103
ROP	ROPER TECHNOLOGIES INC	80	$36	0.0%	$462.16	0.0%	COM	776696106
SRE	SEMPRA	400	$35	0.0%	$90.54	0.0%	COM	816851109
CPRT	COPART INC	900	$35	0.0%	$41.46	0.0%	COM	217204106
LHX	L3HARRIS TECHNOLOGIES INC	120	$35	0.0%	$288.43	0.0%	COM	502431109
OTIS	OTIS WORLDWIDE CORP	400	$35	0.0%	$89.25	0.0%	COM	68902V107
PTC	PTC INC	200	$35	0.0%	$185.83	0.0%	COM	69370C100
FDS	FACTSET RESH SYS INC	120	$35	0.0%	$280.03	0.0%	COM	303075105
QCOM	QUALCOMM INC	200	$34	0.0%	$170.79	0.0%	COM	747525103
EW	EDWARDS LIFESCIENCES CORP	400	$34	0.0%	$82.07	0.0%	COM	28176E108
SOLS	SOLSTICE ADVANCED MATLS INC	700	$34	0.0%	$47.08	0.0%	COM SHS	83443Q103
PAYX	PAYCHEX INC	300	$34	0.0%	$116.54	0.0%	COM	704326107
MCK	MCKESSON CORP	40	$33	0.0%	$815.57	0.0%	COM	58155Q103
TEAM	ATLASSIAN CORPORATION	200	$32	0.0%	$156.92	0.0%	CL A	049468101
URI	UNITED RENTALS INC	40	$32	0.0%	$867.08	0.0%	COM	911363109
CARR	CARRIER GLOBAL CORPORATION	600	$32	0.0%	$55.53	0.0%	COM	14448C104
REGN	REGENERON PHARMACEUTICALS	40	$31	0.0%	$678.68	0.0%	COM	75886F107
ADP	AUTOMATIC DATA PROCESSING IN	120	$31	0.0%	$264.83	0.0%	COM	053015103
CSCO	CISCO SYS INC	400	$31	0.0%	$73.79	0.0%	COM	17275R102
HEI/A	HEICO CORP NEW	120	$30	0.0%	$246.96	0.0%	CL A	422806208
ROL	ROLLINS INC	500	$30	0.0%	$58.66	0.0%	COM	775711104
VLTO	VERALTO CORP	300	$30	0.0%	$101.01	0.0%	COM SHS	92338C103
MDT	MEDTRONIC PLC	300	$29	0.0%	$97.14	0.0%	SHS	G5960L103
BSX	BOSTON SCIENTIFIC CORP	300	$29	0.0%	$98.04	0.0%	COM	101137107
COP	CONOCOPHILLIPS	300	$28	0.0%	$90.02	0.0%	COM	20825C104
KMI	KINDER MORGAN INC DEL	1,000	$27	0.0%	$26.91	0.0%	COM	49456B101
NTRS	NORTHERN TR CORP	200	$27	0.0%	$130.74	0.0%	COM	665859104
XYL	XYLEM INC	200	$27	0.0%	$143.58	0.0%	COM	98419M100
A	AGILENT TECHNOLOGIES INC	200	$27	0.0%	$143.72	0.0%	COM	00846U101
APH	AMPHENOL CORP NEW	200	$27	0.0%	$133.54	0.0%	CL A	032095101
APP	APPLOVIN CORP	40	$27	0.0%	$630.10	0.0%	COM CL A	03831W108
VRSK	VERISK ANALYTICS INC	120	$27	0.0%	$225.29	0.0%	COM	92345Y106
ACN	ACCENTURE PLC IRELAND	100	$27	0.0%	$254.06	0.0%	SHS CLASS A	G1151C101
VEEV	VEEVA SYS INC	120	$27	0.0%	$265.35	0.0%	CL A COM	922475108
CRM	SALESFORCE INC	100	$26	0.0%	$248.17	0.0%	COM	79466L302
BALL	BALL CORP	500	$26	0.0%	$49.09	0.0%	COM	058498106
ILMN	ILLUMINA INC	200	$26	0.0%	$117.40	0.0%	COM	452327109
ANET	ARISTA NETWORKS INC	200	$26	0.0%	$137.66	0.0%	COM SHS	040413205
AMGN	AMGEN INC	80	$26	0.0%	$315.95	0.0%	COM	031162100
HEI	HEICO CORP NEW	80	$26	0.0%	$315.99	0.0%	COM	422806109
PSX	PHILLIPS 66	200	$26	0.0%	$134.01	0.0%	COM	718546104
TRU	TRANSUNION	300	$26	0.0%	$82.11	0.0%	COM	89400J107
ETN	EATON CORP PLC	80	$25	0.0%	$354.39	0.0%	SHS	G29183103
STE	STERIS PLC	100	$25	0.0%	$251.13	0.0%	SHS USD	G8473T100
CRH	CRH PLC	200	$25	0.0%	$119.13	0.0%	ORD	G25508105
DD	DUPONT DE NEMOURS INC	600	$24	0.0%	$37.39	0.0%	COM	26614N102
XOM	EXXON MOBIL CORP	200	$24	0.0%	$115.49	0.0%	COM	30231G102
FTNT	FORTINET INC	300	$24	0.0%	$82.94	0.0%	COM	34959E109
IR	INGERSOLL RAND INC	300	$24	0.0%	$78.94	0.0%	COM	45687V106
ADSK	AUTODESK INC	80	$24	0.0%	$302.56	0.0%	COM	052769106
IP	INTERNATIONAL PAPER CO	600	$24	0.0%	$40.85	0.0%	COM	460146103
ABBV	ABBVIE INC	100	$23	0.0%	$227.54	0.0%	COM	00287Y109
NOC	NORTHROP GRUMMAN CORP	40	$23	0.0%	$578.81	0.0%	COM	666807102
TEL	TE CONNECTIVITY PLC	100	$23	0.0%	$231.27	0.0%	ORD SHS	G87052109
PODD	INSULET CORP	80	$23	0.0%	$312.66	0.0%	COM	45784P101
BR	BROADRIDGE FINL SOLUTIONS IN	100	$22	0.0%	$227.30	0.0%	COM	11133T103
FERG	FERGUSON ENTERPRISES INC	100	$22	0.0%	$237.95	0.0%	COMMON STOCK NEW	31488V107
EXE	EXPAND ENERGY CORPORATION	200	$22	0.0%	$110.64	0.0%	COM	165167735
WST	WEST PHARMACEUTICAL SVSC INC	80	$22	0.0%	$273.43	0.0%	COM	955306105
WM	WASTE MGMT INC DEL	100	$22	0.0%	$212.55	0.0%	COM	94106L109
NXPI	NXP SEMICONDUCTORS N V	100	$22	0.0%	$213.68	0.0%	COM	N6596X109
WDAY	WORKDAY INC	100	$21	0.0%	$227.21	0.0%	CL A	98138H101
EQT	EQT CORP	400	$21	0.0%	$56.13	0.0%	COM	26884L109
PKG	PACKAGING CORP AMER	100	$21	0.0%	$202.35	0.0%	COM	695156109
CMI	CUMMINS INC	40	$20	0.0%	$466.32	0.0%	COM	231021106
KEYS	KEYSIGHT TECHNOLOGIES INC	100	$20	0.0%	$185.56	0.0%	COM	49338L103
CTVA	CORTEVA INC	300	$20	0.0%	$64.54	0.0%	COM	22052L104
NEM	NEWMONT CORP	200	$20	0.0%	$90.20	0.0%	COM	651639106
DOV	DOVER CORP	100	$20	0.0%	$181.83	0.0%	COM	260003108
LNG	CHENIERE ENERGY INC	100	$19	0.0%	$209.99	0.0%	COM NEW	16411R208
NVDA	NVIDIA CORPORATION	100	$19	0.0%	$186.13	0.0%	COM	67066G104
TRGP	TARGA RES CORP	100	$18	0.0%	$168.08	0.0%	COM	87612G101
PANW	PALO ALTO NETWORKS INC	100	$18	0.0%	$201.75	0.0%	COM	697435105
TYL	TYLER TECHNOLOGIES INC	40	$18	0.0%	$476.40	0.0%	COM	902252105
IEX	IDEX CORP	100	$18	0.0%	$170.79	0.0%	COM	45167R104
HUBB	HUBBELL INC	40	$18	0.0%	$437.22	0.0%	COM	443510607
LRCX	LAM RESEARCH CORP	100	$17	0.0%	$155.36	0.0%	COM NEW	512807306
STLD	STEEL DYNAMICS INC	100	$17	0.0%	$158.36	0.0%	COM	858119100
PWR	QUANTA SVCS INC	40	$17	0.0%	$439.27	0.0%	COM	74762E102
NUE	NUCOR CORP	100	$16	0.0%	$149.77	0.0%	COM	670346105
VRT	VERTIV HOLDINGS CO	100	$16	0.0%	$173.58	0.0%	COM CL A	92537N108
TT	TRANE TECHNOLOGIES PLC	40	$16	0.0%	$413.59	0.0%	SHS	G8994E103
CVX	CHEVRON CORP NEW	100	$15	0.0%	$151.40	0.0%	COM	166764100
FANG	DIAMONDBACK ENERGY INC	100	$15	0.0%	$147.05	0.0%	COM	25278X109
MTD	METTLER TOLEDO INTERNATIONAL	10	$14	0.0%	$1396.48	0.0%	COM	592688105

Increased Positions (59)

AIG AMERICAN INTL GROUP INC 1.6%

Value ($000) $1,728 (+331.4%) Shares 20,200 (+296.1%) Est. Cost $79.54 Unrealized +0.2%

GDDY GODADDY INC 1.4%

Value ($000) $1,464 (+791.7%) Shares 11,800 (+883.3%) Est. Cost $134.77 Unrealized -4.0%

BEN FRANKLIN RESOURCES INC 1.5%

Value ($000) $1,596 (+430.7%) Shares 66,800 (+413.8%) Est. Cost $22.93 Unrealized -1.2%

EG EVEREST GROUP LTD 1.7%

Value ($000) $1,737 (+281.6%) Shares 5,120 (+293.8%) Est. Cost $332.23 Unrealized -0.6%

PFG PRINCIPAL FINANCIAL GROUP IN 1.6%

Value ($000) $1,650 (+342.1%) Shares 18,700 (+315.6%) Est. Cost $82.61 Unrealized +1.5%

ACGL ARCH CAP GROUP LTD 1.6%

Value ($000) $1,669 (+308.8%) Shares 17,400 (+286.7%) Est. Cost $91.02 Unrealized +0.5%

PRU PRUDENTIAL FINL INC 1.5%

Value ($000) $1,580 (+348.0%) Shares 14,000 (+311.8%) Est. Cost $105.71 Unrealized +0.8%

FNF FIDELITY NATIONAL FINANCIAL 1.5%

Value ($000) $1,529 (+288.8%) Shares 28,000 (+330.8%) Est. Cost $54.84 Unrealized -0.2%

CMCSA COMCAST CORP NEW 1.6%

Value ($000) $1,671 (+198.8%) Shares 55,900 (+214.0%) Est. Cost $30.01 Unrealized -4.9%

GPN GLOBAL PMTS INC 1.4%

Value ($000) $1,432 (+320.4%) Shares 18,500 (+351.2%) Est. Cost $81.06 Unrealized -0.9%

RF REGIONS FINANCIAL CORP NEW 1.6%

Value ($000) $1,629 (+123.8%) Shares 60,100 (+117.8%) Est. Cost $24.35 Unrealized +4.2%

CDW CDW CORP 1.1%

Value ($000) $1,103 (+432.8%) Shares 8,100 (+523.1%) Est. Cost $150.53 Unrealized -2.3%

PCG PG&E CORP 1.7%

Value ($000) $1,829 (+91.9%) Shares 113,800 (+80.1%) Est. Cost $15.14 Unrealized +5.2%

PINS PINTEREST INC 1.2%

Value ($000) $1,310 (+190.9%) Shares 50,600 (+261.4%) Est. Cost $30.86 Unrealized -6.7%

CNC CENTENE CORP DEL 1.8%

Value ($000) $1,852 (+84.7%) Shares 45,000 (+60.1%) Est. Cost $32.92 Unrealized +13.7%

F FORD MTR CO 1.6%

Value ($000) $1,653 (+94.7%) Shares 126,000 (+77.5%) Est. Cost $11.98 Unrealized +7.1%

EIX EDISON INTL 1.6%

Value ($000) $1,699 (+87.4%) Shares 28,300 (+72.6%) Est. Cost $54.88 Unrealized +4.5%

— AMCOR PLC 1.5%

Value ($000) $1,556 (+100.3%) Shares 186,600 (+96.4%) Est. Cost $8.62 Unrealized -4.2%

EXPE EXPEDIA GROUP INC 1.7%

Value ($000) $1,757 (+78.6%) Shares 6,200 (+34.8%) Est. Cost $212.29 Unrealized +16.3%

WRB BERKLEY W R CORP 1.6%

Value ($000) $1,704 (+76.5%) Shares 24,300 (+92.9%) Est. Cost $68.74 Unrealized +5.8%

CTRA COTERRA ENERGY INC 1.5%

Value ($000) $1,558 (+89.3%) Shares 59,200 (+70.1%) Est. Cost $24.34 Unrealized +3.1%

HAL HALLIBURTON CO 1.6%

Value ($000) $1,631 (+65.3%) Shares 57,700 (+43.9%) Est. Cost $23.22 Unrealized +13.2%

DOW DOW INC 1.2%

Value ($000) $1,265 (+96.3%) Shares 54,100 (+92.5%) Est. Cost $23.58 Unrealized -3.4%

CNH CNH INDL N V 1.3%

Value ($000) $1,399 (+72.6%) Shares 151,700 (+103.1%) Est. Cost $11.08 Unrealized -9.9%

TWLO TWILIO INC 1.8%

Value ($000) $1,849 (+45.5%) Shares 13,000 (+2.4%) Est. Cost $109.91 Unrealized +12.7%

DELL DELL TECHNOLOGIES INC 1.3%

Value ($000) $1,397 (+69.9%) Shares 11,100 (+91.4%) Est. Cost $134.70 Unrealized +4.5%

SYF SYNCHRONY FINANCIAL 1.6%

Value ($000) $1,652 (+49.0%) Shares 19,800 (+26.9%) Est. Cost $66.64 Unrealized +14.5%

APTV APTIV PLC 1.3%

Value ($000) $1,408 (+52.6%) Shares 18,500 (+72.9%) Est. Cost $77.48 Unrealized +3.6%

ZM ZOOM COMMUNICATIONS INC 1.8%

Value ($000) $1,847 (+31.7%) Shares 21,400 (+25.9%) Est. Cost $79.06 Unrealized +6.5%

EQH EQUITABLE HLDGS INC 1.6%

Value ($000) $1,653 (+36.2%) Shares 34,700 (+45.2%) Est. Cost $49.61 Unrealized -4.8%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 1.6%

Value ($000) $1,685 (+32.2%) Shares 20,300 (+6.8%) Est. Cost $74.89 Unrealized -0.3%

CHTR CHARTER COMMUNICATIONS INC N 1.2%

Value ($000) $1,282 (+45.6%) Shares 6,140 (+91.9%) Est. Cost $296.71 Unrealized -24.2%

DAL DELTA AIR LINES INC DEL 1.4%

Value ($000) $1,520 (+33.2%) Shares 21,900 (+9.0%) Est. Cost $57.29 Unrealized +9.0%

MET METLIFE INC 1.5%

Value ($000) $1,595 (+27.4%) Shares 20,200 (+32.9%) Est. Cost $77.10 Unrealized +2.4%

OMC OMNICOM GROUP INC 1.7%

Value ($000) $1,752 (+22.8%) Shares 21,700 (+24.0%) Est. Cost $73.19 Unrealized +3.5%

FOX FOX CORP 1.7%

Value ($000) $1,786 (+21.3%) Shares 27,500 (+7.0%) Est. Cost $49.09 Unrealized +18.9%

FOXA FOX CORP 1.7%

Value ($000) $1,790 (+20.3%) Shares 24,500 (+3.8%) Est. Cost $52.96 Unrealized +23.4%

HBAN HUNTINGTON BANCSHARES INC 1.6%

Value ($000) $1,629 (+22.7%) Shares 93,900 (+22.1%) Est. Cost $14.99 Unrealized +8.7%

FCNCA FIRST CTZNS BANCSHARES INC D 0.4%

Value ($000) $429 (+139.9%) Shares 200 (+100.0%) Est. Cost $1925.80 Unrealized -2.2%

DOCU DOCUSIGN INC 1.6%

Value ($000) $1,642 (+18.0%) Shares 24,000 (+24.4%) Est. Cost $80.99 Unrealized -14.6%

TRV TRAVELERS COMPANIES INC 1.6%

Value ($000) $1,671 (+17.3%) Shares 5,760 (+12.9%) Est. Cost $262.98 Unrealized +6.7%

SMCI SUPER MICRO COMPUTER INC 0.9%

Value ($000) $945 (+35.1%) Shares 32,300 (+121.2%) Est. Cost $44.14 Unrealized -6.7%

CNA CNA FINL CORP 1.4%

Value ($000) $1,499 (+19.5%) Shares 31,400 (+16.3%) Est. Cost $46.12 Unrealized -0.6%

HPQ HP INC 1.3%

Value ($000) $1,317 (+21.5%) Shares 59,100 (+48.5%) Est. Cost $25.59 Unrealized -1.3%

BLDR BUILDERS FIRSTSOURCE INC 1.1%

Value ($000) $1,173 (+24.0%) Shares 11,400 (+46.2%) Est. Cost $126.26 Unrealized -11.0%

NWS NEWS CORP NEW 1.5%

Value ($000) $1,538 (+15.9%) Shares 51,900 (+35.2%) Est. Cost $31.13 Unrealized -4.2%

FWONA LIBERTY MEDIA CORP DEL 1.4%

Value ($000) $1,448 (+17.0%) Shares 16,200 (+24.6%) Est. Cost $87.60 Unrealized —

L LOEWS CORP 1.6%

Value ($000) $1,674 (+11.9%) Shares 15,900 (+6.7%) Est. Cost $88.60 Unrealized +16.5%

VZ VERIZON COMMUNICATIONS INC 1.4%

Value ($000) $1,523 (+13.3%) Shares 37,400 (+22.2%) Est. Cost $41.58 Unrealized -2.6%

CINF CINCINNATI FINL CORP 1.5%

Value ($000) $1,617 (+12.4%) Shares 9,900 (+8.8%) Est. Cost $142.55 Unrealized +13.1%

NWSA NEWS CORP NEW 1.5%

Value ($000) $1,533 (+11.4%) Shares 58,700 (+31.0%) Est. Cost $27.12 Unrealized -3.3%

GEN GEN DIGITAL INC 1.5%

Value ($000) $1,607 (+10.8%) Shares 59,100 (+15.7%) Est. Cost $27.01 Unrealized -0.6%

MOH MOLINA HEALTHCARE INC 0.3%

Value ($000) $295 (+92.7%) Shares 1,700 (+112.5%) Est. Cost $173.64 Unrealized -5.3%

BAX BAXTER INTL INC 0.2%

Value ($000) $254 (+86.0%) Shares 13,300 (+121.7%) Est. Cost $23.50 Unrealized -14.9%

LEN/B LENNAR CORP 1.0%

Value ($000) $1,075 (+9.2%) Shares 11,300 (+37.8%) Est. Cost $116.14 Unrealized -2.9%

HIG HARTFORD INSURANCE GROUP INC 1.5%

Value ($000) $1,571 (+6.1%) Shares 11,400 (+2.7%) Est. Cost $123.42 Unrealized +6.6%

RPRX ROYALTY PHARMA PLC 0.3%

Value ($000) $305 (+39.6%) Shares 7,900 (+27.4%) Est. Cost $33.08 Unrealized +15.3%

FTV FORTIVE CORP 0.2%

Value ($000) $177 (+24.4%) Shares 3,200 (+10.3%) Est. Cost $49.42 Unrealized +4.9%

CI THE CIGNA GROUP 0.2%

Value ($000) $198 (-1.8%) Shares 720 (+2.9%) Est. Cost $292.81 Unrealized -4.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AIG	AMERICAN INTL GROUP INC	20,200 (+296.1%)	$1,728 (+331.4%)	1.6%	$79.54	+0.2%	COM NEW	026874784
GDDY	GODADDY INC	11,800 (+883.3%)	$1,464 (+791.7%)	1.4%	$134.77	-4.0%	CL A	380237107
BEN	FRANKLIN RESOURCES INC	66,800 (+413.8%)	$1,596 (+430.7%)	1.5%	$22.93	-1.2%	COM	354613101
EG	EVEREST GROUP LTD	5,120 (+293.8%)	$1,737 (+281.6%)	1.7%	$332.23	-0.6%	COM	G3223R108
PFG	PRINCIPAL FINANCIAL GROUP IN	18,700 (+315.6%)	$1,650 (+342.1%)	1.6%	$82.61	+1.5%	COM	74251V102
ACGL	ARCH CAP GROUP LTD	17,400 (+286.7%)	$1,669 (+308.8%)	1.6%	$91.02	+0.5%	ORD	G0450A105
PRU	PRUDENTIAL FINL INC	14,000 (+311.8%)	$1,580 (+348.0%)	1.5%	$105.71	+0.8%	COM	744320102
FNF	FIDELITY NATIONAL FINANCIAL	28,000 (+330.8%)	$1,529 (+288.8%)	1.5%	$54.84	-0.2%	COM SHS	31620R303
CMCSA	COMCAST CORP NEW	55,900 (+214.0%)	$1,671 (+198.8%)	1.6%	$30.01	-4.9%	CL A	20030N101
GPN	GLOBAL PMTS INC	18,500 (+351.2%)	$1,432 (+320.4%)	1.4%	$81.06	-0.9%	COM	37940X102
RF	REGIONS FINANCIAL CORP NEW	60,100 (+117.8%)	$1,629 (+123.8%)	1.6%	$24.35	+4.2%	COM	7591EP100
CDW	CDW CORP	8,100 (+523.1%)	$1,103 (+432.8%)	1.1%	$150.53	-2.3%	COM	12514G108
PCG	PG&E CORP	113,800 (+80.1%)	$1,829 (+91.9%)	1.7%	$15.14	+5.2%	COM	69331C108
PINS	PINTEREST INC	50,600 (+261.4%)	$1,310 (+190.9%)	1.2%	$30.86	-6.7%	CL A	72352L106
CNC	CENTENE CORP DEL	45,000 (+60.1%)	$1,852 (+84.7%)	1.8%	$32.92	+13.7%	COM	15135B101
F	FORD MTR CO	126,000 (+77.5%)	$1,653 (+94.7%)	1.6%	$11.98	+7.1%	COM	345370860
EIX	EDISON INTL	28,300 (+72.6%)	$1,699 (+87.4%)	1.6%	$54.88	+4.5%	COM	281020107
—	AMCOR PLC	186,600 (+96.4%)	$1,556 (+100.3%)	1.5%	$8.62	-4.2%	ORD	G0250X107
EXPE	EXPEDIA GROUP INC	6,200 (+34.8%)	$1,757 (+78.6%)	1.7%	$212.29	+16.3%	COM NEW	30212P303
WRB	BERKLEY W R CORP	24,300 (+92.9%)	$1,704 (+76.5%)	1.6%	$68.74	+5.8%	COM	084423102
CTRA	COTERRA ENERGY INC	59,200 (+70.1%)	$1,558 (+89.3%)	1.5%	$24.34	+3.1%	COM	127097103
HAL	HALLIBURTON CO	57,700 (+43.9%)	$1,631 (+65.3%)	1.6%	$23.22	+13.2%	COM	406216101
DOW	DOW INC	54,100 (+92.5%)	$1,265 (+96.3%)	1.2%	$23.58	-3.4%	COM	260557103
CNH	CNH INDL N V	151,700 (+103.1%)	$1,399 (+72.6%)	1.3%	$11.08	-9.9%	SHS	N20944109
TWLO	TWILIO INC	13,000 (+2.4%)	$1,849 (+45.5%)	1.8%	$109.91	+12.7%	CL A	90138F102
DELL	DELL TECHNOLOGIES INC	11,100 (+91.4%)	$1,397 (+69.9%)	1.3%	$134.70	+4.5%	CL C	24703L202
SYF	SYNCHRONY FINANCIAL	19,800 (+26.9%)	$1,652 (+49.0%)	1.6%	$66.64	+14.5%	COM	87165B103
APTV	APTIV PLC	18,500 (+72.9%)	$1,408 (+52.6%)	1.3%	$77.48	+3.6%	COM SHS	G3265R107
ZM	ZOOM COMMUNICATIONS INC	21,400 (+25.9%)	$1,847 (+31.7%)	1.8%	$79.06	+6.5%	CL A	98980L101
EQH	EQUITABLE HLDGS INC	34,700 (+45.2%)	$1,653 (+36.2%)	1.6%	$49.61	-4.8%	COM	29452E101
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	20,300 (+6.8%)	$1,685 (+32.2%)	1.6%	$74.89	-0.3%	CL A	192446102
CHTR	CHARTER COMMUNICATIONS INC N	6,140 (+91.9%)	$1,282 (+45.6%)	1.2%	$296.71	-24.2%	CL A	16119P108
DAL	DELTA AIR LINES INC DEL	21,900 (+9.0%)	$1,520 (+33.2%)	1.4%	$57.29	+9.0%	COM NEW	247361702
MET	METLIFE INC	20,200 (+32.9%)	$1,595 (+27.4%)	1.5%	$77.10	+2.4%	COM	59156R108
OMC	OMNICOM GROUP INC	21,700 (+24.0%)	$1,752 (+22.8%)	1.7%	$73.19	+3.5%	COM	681919106
FOX	FOX CORP	27,500 (+7.0%)	$1,786 (+21.3%)	1.7%	$49.09	+18.9%	CL B COM	35137L204
FOXA	FOX CORP	24,500 (+3.8%)	$1,790 (+20.3%)	1.7%	$52.96	+23.4%	CL A COM	35137L105
HBAN	HUNTINGTON BANCSHARES INC	93,900 (+22.1%)	$1,629 (+22.7%)	1.6%	$14.99	+8.7%	COM	446150104
FCNCA	FIRST CTZNS BANCSHARES INC D	200 (+100.0%)	$429 (+139.9%)	0.4%	$1925.80	-2.2%	CL A	31946M103
DOCU	DOCUSIGN INC	24,000 (+24.4%)	$1,642 (+18.0%)	1.6%	$80.99	-14.6%	COM	256163106
TRV	TRAVELERS COMPANIES INC	5,760 (+12.9%)	$1,671 (+17.3%)	1.6%	$262.98	+6.7%	COM	89417E109
SMCI	SUPER MICRO COMPUTER INC	32,300 (+121.2%)	$945 (+35.1%)	0.9%	$44.14	-6.7%	COM NEW	86800U302
CNA	CNA FINL CORP	31,400 (+16.3%)	$1,499 (+19.5%)	1.4%	$46.12	-0.6%	COM	126117100
HPQ	HP INC	59,100 (+48.5%)	$1,317 (+21.5%)	1.3%	$25.59	-1.3%	COM	40434L105
BLDR	BUILDERS FIRSTSOURCE INC	11,400 (+46.2%)	$1,173 (+24.0%)	1.1%	$126.26	-11.0%	COM	12008R107
NWS	NEWS CORP NEW	51,900 (+35.2%)	$1,538 (+15.9%)	1.5%	$31.13	-4.2%	CL B	65249B208
FWONA	LIBERTY MEDIA CORP DEL	16,200 (+24.6%)	$1,448 (+17.0%)	1.4%	$87.60	—	COM LBTY ONE S A	531229771
L	LOEWS CORP	15,900 (+6.7%)	$1,674 (+11.9%)	1.6%	$88.60	+16.5%	COM	540424108
VZ	VERIZON COMMUNICATIONS INC	37,400 (+22.2%)	$1,523 (+13.3%)	1.4%	$41.58	-2.6%	COM	92343V104
CINF	CINCINNATI FINL CORP	9,900 (+8.8%)	$1,617 (+12.4%)	1.5%	$142.55	+13.1%	COM	172062101
NWSA	NEWS CORP NEW	58,700 (+31.0%)	$1,533 (+11.4%)	1.5%	$27.12	-3.3%	CL A	65249B109
GEN	GEN DIGITAL INC	59,100 (+15.7%)	$1,607 (+10.8%)	1.5%	$27.01	-0.6%	COM	668771108
MOH	MOLINA HEALTHCARE INC	1,700 (+112.5%)	$295 (+92.7%)	0.3%	$173.64	-5.3%	COM	60855R100
BAX	BAXTER INTL INC	13,300 (+121.7%)	$254 (+86.0%)	0.2%	$23.50	-14.9%	COM	071813109
LEN/B	LENNAR CORP	11,300 (+37.8%)	$1,075 (+9.2%)	1.0%	$116.14	-2.9%	CL B	526057302
HIG	HARTFORD INSURANCE GROUP INC	11,400 (+2.7%)	$1,571 (+6.1%)	1.5%	$123.42	+6.6%	COM	416515104
RPRX	ROYALTY PHARMA PLC	7,900 (+27.4%)	$305 (+39.6%)	0.3%	$33.08	+15.3%	SHS CLASS A	G7709Q104
FTV	FORTIVE CORP	3,200 (+10.3%)	$177 (+24.4%)	0.2%	$49.42	+4.9%	COM	34959J108
CI	THE CIGNA GROUP	720 (+2.9%)	$198 (-1.8%)	0.2%	$292.81	-4.6%	COM	125523100

Exited Positions (27)

T AT&T INC 1.4%

Value ($000) $1,420 Shares 50,300 Est. Cost $27.46 Unrealized -7.9%

TMUS T-MOBILE US INC 1.2%

Value ($000) $1,269 Shares 5,300 Est. Cost $241.44 Unrealized -12.5%

WBD WARNER BROS DISCOVERY INC 1.0%

Value ($000) $1,039 Shares 53,200 Est. Cost $13.62 Unrealized +71.6%

UHS UNIVERSAL HLTH SVCS INC 0.9%

Value ($000) $961 Shares 4,700 Est. Cost $179.65 Unrealized +23.0%

VTRS VIATRIS INC 0.8%

Value ($000) $888 Shares 89,700 Est. Cost $9.56 Unrealized +12.1%

DVA DAVITA INC 0.8%

Value ($000) $850 Shares 6,400 Est. Cost $137.31 Unrealized -11.4%

GOOG ALPHABET INC 0.7%

Value ($000) $779 Shares 3,200 Est. Cost $209.93 Unrealized +36.4%

GOOGL ALPHABET INC 0.7%

Value ($000) $778 Shares 3,200 Est. Cost $209.20 Unrealized +36.5%

AKAM AKAMAI TECHNOLOGIES INC 0.7%

Value ($000) $750 Shares 9,900 Est. Cost $77.08 Unrealized +6.7%

WLK WESTLAKE CORPORATION 0.7%

Value ($000) $732 Shares 9,500 Est. Cost $82.33 Unrealized -14.0%

MGM MGM RESORTS INTERNATIONAL 0.7%

Value ($000) $728 Shares 21,000 Est. Cost $36.70 Unrealized -7.5%

— INTERPUBLIC GROUP COS INC 0.6%

Value ($000) $670 Shares 24,000 Est. Cost $25.59 Unrealized +1.5%

EMN EASTMAN CHEM CO 0.6%

Value ($000) $643 Shares 10,200 Est. Cost $68.19 Unrealized -10.6%

EPAM EPAM SYS INC 0.6%

Value ($000) $633 Shares 4,200 Est. Cost $164.18 Unrealized +8.6%

NLY ANNALY CAPITAL MANAGEMENT IN 0.4%

Value ($000) $459 Shares 22,700 Est. Cost $20.04 Unrealized —

RNR RENAISSANCERE HLDGS LTD 0.4%

Value ($000) $457 Shares 1,800 Est. Cost $242.27 Unrealized +8.6%

ALLY ALLY FINL INC 0.3%

Value ($000) $321 Shares 8,200 Est. Cost $39.39 Unrealized +3.6%

CHRW C H ROBINSON WORLDWIDE INC 0.3%

Value ($000) $278 Shares 2,100 Est. Cost $92.42 Unrealized +59.4%

TER TERADYNE INC 0.2%

Value ($000) $262 Shares 1,900 Est. Cost $109.09 Unrealized +57.2%

SWKS SKYWORKS SOLUTIONS INC 0.2%

Value ($000) $254 Shares 3,300 Est. Cost $73.23 Unrealized -5.2%

CPNG COUPANG INC 0.2%

Value ($000) $242 Shares 7,500 Est. Cost $30.23 Unrealized -5.9%

SWK STANLEY BLACK & DECKER INC 0.2%

Value ($000) $186 Shares 2,500 Est. Cost $71.94 Unrealized -2.8%

AVTR AVANTOR INC 0.2%

Value ($000) $171 Shares 13,700 Est. Cost $12.88 Unrealized -4.5%

BMRN BIOMARIN PHARMACEUTICAL INC 0.1%

Value ($000) $157 Shares 2,900 Est. Cost $58.89 Unrealized -7.5%

GFS GLOBALFOUNDRIES INC 0.1%

Value ($000) $140 Shares 3,900 Est. Cost $35.68 Unrealized -0.3%

IQ IQIYI INC 0.0%

Value ($000) $48 Shares 18,700 Est. Cost $2.56 Unrealized —

JOYY JOYY INC 0.0%

Value ($000) $35 Shares 600 Est. Cost $58.61 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
T	AT&T INC	50,300	$1,420	1.4%	$27.46	-7.9%	—	00206R102
TMUS	T-MOBILE US INC	5,300	$1,269	1.2%	$241.44	-12.5%	—	872590104
WBD	WARNER BROS DISCOVERY INC	53,200	$1,039	1.0%	$13.62	+71.6%	—	934423104
UHS	UNIVERSAL HLTH SVCS INC	4,700	$961	0.9%	$179.65	+23.0%	—	913903100
VTRS	VIATRIS INC	89,700	$888	0.8%	$9.56	+12.1%	—	92556V106
DVA	DAVITA INC	6,400	$850	0.8%	$137.31	-11.4%	—	23918K108
GOOG	ALPHABET INC	3,200	$779	0.7%	$209.93	+36.4%	—	02079K107
GOOGL	ALPHABET INC	3,200	$778	0.7%	$209.20	+36.5%	—	02079K305
AKAM	AKAMAI TECHNOLOGIES INC	9,900	$750	0.7%	$77.08	+6.7%	—	00971T101
WLK	WESTLAKE CORPORATION	9,500	$732	0.7%	$82.33	-14.0%	—	960413102
MGM	MGM RESORTS INTERNATIONAL	21,000	$728	0.7%	$36.70	-7.5%	—	552953101
—	INTERPUBLIC GROUP COS INC	24,000	$670	0.6%	$25.59	+1.5%	—	460690100
EMN	EASTMAN CHEM CO	10,200	$643	0.6%	$68.19	-10.6%	—	277432100
EPAM	EPAM SYS INC	4,200	$633	0.6%	$164.18	+8.6%	—	29414B104
NLY	ANNALY CAPITAL MANAGEMENT IN	22,700	$459	0.4%	$20.04	—	—	035710839
RNR	RENAISSANCERE HLDGS LTD	1,800	$457	0.4%	$242.27	+8.6%	—	G7496G103
ALLY	ALLY FINL INC	8,200	$321	0.3%	$39.39	+3.6%	—	02005N100
CHRW	C H ROBINSON WORLDWIDE INC	2,100	$278	0.3%	$92.42	+59.4%	—	12541W209
TER	TERADYNE INC	1,900	$262	0.2%	$109.09	+57.2%	—	880770102
SWKS	SKYWORKS SOLUTIONS INC	3,300	$254	0.2%	$73.23	-5.2%	—	83088M102
CPNG	COUPANG INC	7,500	$242	0.2%	$30.23	-5.9%	—	22266T109
SWK	STANLEY BLACK & DECKER INC	2,500	$186	0.2%	$71.94	-2.8%	—	854502101
AVTR	AVANTOR INC	13,700	$171	0.2%	$12.88	-4.5%	—	05352A100
BMRN	BIOMARIN PHARMACEUTICAL INC	2,900	$157	0.1%	$58.89	-7.5%	—	09061G101
GFS	GLOBALFOUNDRIES INC	3,900	$140	0.1%	$35.68	-0.3%	—	G39387108
IQ	IQIYI INC	18,700	$48	0.0%	$2.56	—	—	46267X108
JOYY	JOYY INC	600	$35	0.0%	$58.61	—	—	46591M109

Decreased Positions (58)

LDOS LEIDOS HOLDINGS INC 0.2%

Value ($000) $180 (-90.2%) Shares 1,000 (-89.7%) Est. Cost $154.81 Unrealized +22.2%

BK BANK NEW YORK MELLON CORP 0.0%

Value ($000) $46 (-97.0%) Shares 400 (-97.2%) Est. Cost $83.13 Unrealized +32.9%

NI NISOURCE INC 0.1%

Value ($000) $79 (-94.8%) Shares 1,900 (-94.6%) Est. Cost $38.22 Unrealized +11.5%

CFG CITIZENS FINL GROUP INC 0.1%

Value ($000) $76 (-94.9%) Shares 1,300 (-95.4%) Est. Cost $38.54 Unrealized +39.0%

RJF RAYMOND JAMES FINL INC 0.1%

Value ($000) $64 (-95.5%) Shares 400 (-95.2%) Est. Cost $152.25 Unrealized +5.7%

FITB FIFTH THIRD BANCORP 0.1%

Value ($000) $70 (-94.9%) Shares 1,500 (-95.1%) Est. Cost $36.56 Unrealized +19.4%

ALL ALLSTATE CORP 0.0%

Value ($000) $42 (-96.7%) Shares 200 (-96.6%) Est. Cost $198.06 Unrealized +3.0%

PGR PROGRESSIVE CORP 0.0%

Value ($000) $46 (-96.4%) Shares 200 (-96.1%) Est. Cost $256.52 Unrealized -17.2%

BKR BAKER HUGHES COMPANY 0.0%

Value ($000) $32 (-97.0%) Shares 700 (-96.8%) Est. Cost $43.83 Unrealized +8.0%

PSTG PURE STORAGE INC 0.0%

Value ($000) $34 (-96.9%) Shares 500 (-96.1%) Est. Cost $66.50 Unrealized +25.6%

MKL MARKEL GROUP INC 0.0%

Value ($000) $43 (-95.2%) Shares 20 (-95.7%) Est. Cost $1913.28 Unrealized +5.9%

DVN DEVON ENERGY CORP NEW 0.0%

Value ($000) $44 (-95.0%) Shares 1,200 (-95.2%) Est. Cost $33.63 Unrealized +3.3%

SLB SLB LIMITED 0.1%

Value ($000) $54 (-93.5%) Shares 1,400 (-94.2%) Est. Cost $34.34 Unrealized +5.0%

NTAP NETAPP INC 0.1%

Value ($000) $75 (-91.0%) Shares 700 (-90.0%) Est. Cost $110.78 Unrealized +2.6%

KEY KEYCORP 0.1%

Value ($000) $72 (-88.7%) Shares 3,500 (-89.8%) Est. Cost $16.73 Unrealized +10.5%

FSLR FIRST SOLAR INC 0.2%

Value ($000) $261 (-68.0%) Shares 1,000 (-73.0%) Est. Cost $191.94 Unrealized +31.4%

WAB WABTEC 0.0%

Value ($000) $21 (-95.2%) Shares 100 (-95.5%) Est. Cost $191.77 Unrealized +7.1%

CB CHUBB LIMITED 0.0%

Value ($000) $50 (-88.2%) Shares 160 (-89.3%) Est. Cost $275.21 Unrealized +6.2%

PNR PENTAIR PLC 0.0%

Value ($000) $31 (-91.9%) Shares 300 (-91.4%) Est. Cost $106.48 Unrealized +0.2%

CSX CSX CORP 0.0%

Value ($000) $40 (-89.5%) Shares 1,100 (-89.7%) Est. Cost $29.78 Unrealized +19.9%

USB US BANCORP DEL 0.1%

Value ($000) $64 (-83.8%) Shares 1,200 (-85.4%) Est. Cost $46.35 Unrealized +5.1%

MAS MASCO CORP 0.0%

Value ($000) $38 (-88.7%) Shares 600 (-87.5%) Est. Cost $62.21 Unrealized +4.1%

TRMB TRIMBLE INC 0.0%

Value ($000) $39 (-88.3%) Shares 500 (-87.8%) Est. Cost $67.18 Unrealized +18.6%

J JACOBS SOLUTIONS INC 0.0%

Value ($000) $40 (-87.9%) Shares 300 (-86.4%) Est. Cost $122.56 Unrealized +19.5%

XYZ BLOCK INC 0.1%

Value ($000) $59 (-81.1%) Shares 900 (-79.1%) Est. Cost $74.85 Unrealized -7.8%

ALLE ALLEGION PLC 0.0%

Value ($000) $32 (-88.8%) Shares 200 (-87.5%) Est. Cost $136.29 Unrealized +22.3%

GD GENERAL DYNAMICS CORP 0.0%

Value ($000) $27 (-90.1%) Shares 80 (-90.0%) Est. Cost $313.76 Unrealized +8.6%

UBER UBER TECHNOLOGIES INC 0.0%

Value ($000) $33 (-88.1%) Shares 400 (-85.7%) Est. Cost $93.52 Unrealized -3.7%

CAH CARDINAL HEALTH INC 0.0%

Value ($000) $41 (-84.6%) Shares 200 (-88.2%) Est. Cost $147.12 Unrealized +27.6%

FLEX FLEX LTD 1.5%

Value ($000) $1,625 (-12.1%) Shares 26,900 (-15.7%) Est. Cost $38.97 Unrealized +58.5%

HCA HCA HEALTHCARE INC 0.0%

Value ($000) $37 (-85.4%) Shares 80 (-86.7%) Est. Cost $386.45 Unrealized +20.0%

HPE HEWLETT PACKARD ENTERPRISE C 1.6%

Value ($000) $1,720 (-10.9%) Shares 71,600 (-8.9%) Est. Cost $17.75 Unrealized +32.1%

VLO VALERO ENERGY CORP 0.0%

Value ($000) $33 (-86.3%) Shares 200 (-85.7%) Est. Cost $147.81 Unrealized +14.2%

INCY INCYTE CORP 0.0%

Value ($000) $49 (-80.6%) Shares 500 (-83.3%) Est. Cost $79.04 Unrealized +22.4%

PCAR PACCAR INC 0.0%

Value ($000) $33 (-86.1%) Shares 300 (-87.5%) Est. Cost $96.91 Unrealized +4.4%

MPC MARATHON PETE CORP 0.0%

Value ($000) $33 (-85.9%) Shares 200 (-83.3%) Est. Cost $174.47 Unrealized +6.8%

IQV IQVIA HLDGS INC 0.0%

Value ($000) $23 (-89.2%) Shares 100 (-90.9%) Est. Cost $181.84 Unrealized +19.7%

CVS CVS HEALTH CORP 0.1%

Value ($000) $71 (-72.1%) Shares 900 (-73.5%) Est. Cost $67.82 Unrealized +16.0%

ON ON SEMICONDUCTOR CORP 0.0%

Value ($000) $43 (-80.9%) Shares 800 (-82.6%) Est. Cost $52.63 Unrealized -2.5%

SNA SNAP ON INC 0.0%

Value ($000) $41 (-80.1%) Shares 120 (-80.0%) Est. Cost $323.82 Unrealized +5.1%

FFIV F5 INC 0.1%

Value ($000) $61 (-72.9%) Shares 240 (-65.7%) Est. Cost $263.63 Unrealized +2.0%

EXPD EXPEDITORS INTL WASH INC 0.0%

Value ($000) $45 (-78.5%) Shares 300 (-82.4%) Est. Cost $110.87 Unrealized +22.3%

BIIB BIOGEN INC 0.1%

Value ($000) $53 (-73.1%) Shares 300 (-78.6%) Est. Cost $135.17 Unrealized +20.9%

SSNC SS&C TECHNOLOGIES HLDGS INC 0.1%

Value ($000) $70 (-67.2%) Shares 800 (-66.7%) Est. Cost $78.61 Unrealized +8.5%

MRK MERCK & CO INC 0.1%

Value ($000) $53 (-72.7%) Shares 500 (-78.3%) Est. Cost $81.01 Unrealized +15.1%

ZBRA ZEBRA TECHNOLOGIES CORPORATI 0.0%

Value ($000) $39 (-78.2%) Shares 160 (-73.3%) Est. Cost $319.44 Unrealized -16.3%

HOLX HOLOGIC INC 0.1%

Value ($000) $97 (-59.0%) Shares 1,300 (-62.9%) Est. Cost $66.38 Unrealized +10.1%

ELV ELEVANCE HEALTH INC FORMERLY 0.1%

Value ($000) $56 (-71.1%) Shares 160 (-73.3%) Est. Cost $308.14 Unrealized +9.3%

PFE PFIZER INC 0.1%

Value ($000) $72 (-65.4%) Shares 2,900 (-64.6%) Est. Cost $24.14 Unrealized +3.7%

FDX FEDEX CORP 0.0%

Value ($000) $29 (-82.5%) Shares 100 (-85.7%) Est. Cost $228.30 Unrealized +14.6%

EOG EOG RES INC 0.0%

Value ($000) $32 (-79.9%) Shares 300 (-78.6%) Est. Cost $117.95 Unrealized -9.1%

ZBH ZIMMER BIOMET HOLDINGS INC 0.1%

Value ($000) $72 (-63.5%) Shares 800 (-60.0%) Est. Cost $98.59 Unrealized -4.1%

UAL UNITED AIRLS HLDGS INC 1.5%

Value ($000) $1,543 (-7.0%) Shares 13,800 (-19.8%) Est. Cost $90.86 Unrealized +11.2%

JBHT HUNT J B TRANS SVCS INC 0.0%

Value ($000) $39 (-73.7%) Shares 200 (-81.8%) Est. Cost $143.22 Unrealized +19.7%

OKE ONEOK INC NEW 0.0%

Value ($000) $37 (-68.5%) Shares 500 (-68.8%) Est. Cost $75.06 Unrealized -6.1%

OXY OCCIDENTAL PETE CORP 0.0%

Value ($000) $25 (-76.3%) Shares 600 (-72.7%) Est. Cost $44.74 Unrealized -7.1%

TXT TEXTRON INC 1.5%

Value ($000) $1,534 (-3.9%) Shares 17,600 (-6.9%) Est. Cost $78.17 Unrealized +7.0%

LUV SOUTHWEST AIRLS CO 0.0%

Value ($000) $50 (-49.9%) Shares 1,200 (-61.3%) Est. Cost $29.68 Unrealized +17.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LDOS	LEIDOS HOLDINGS INC	1,000 (-89.7%)	$180 (-90.2%)	0.2%	$154.81	+22.2%	COM	525327102
BK	BANK NEW YORK MELLON CORP	400 (-97.2%)	$46 (-97.0%)	0.0%	$83.13	+32.9%	COM	064058100
NI	NISOURCE INC	1,900 (-94.6%)	$79 (-94.8%)	0.1%	$38.22	+11.5%	COM	65473P105
CFG	CITIZENS FINL GROUP INC	1,300 (-95.4%)	$76 (-94.9%)	0.1%	$38.54	+39.0%	COM	174610105
RJF	RAYMOND JAMES FINL INC	400 (-95.2%)	$64 (-95.5%)	0.1%	$152.25	+5.7%	COM	754730109
FITB	FIFTH THIRD BANCORP	1,500 (-95.1%)	$70 (-94.9%)	0.1%	$36.56	+19.4%	COM	316773100
ALL	ALLSTATE CORP	200 (-96.6%)	$42 (-96.7%)	0.0%	$198.06	+3.0%	COM	020002101
PGR	PROGRESSIVE CORP	200 (-96.1%)	$46 (-96.4%)	0.0%	$256.52	-17.2%	COM	743315103
BKR	BAKER HUGHES COMPANY	700 (-96.8%)	$32 (-97.0%)	0.0%	$43.83	+8.0%	CL A	05722G100
PSTG	PURE STORAGE INC	500 (-96.1%)	$34 (-96.9%)	0.0%	$66.50	+25.6%	CL A	74624M102
MKL	MARKEL GROUP INC	20 (-95.7%)	$43 (-95.2%)	0.0%	$1913.28	+5.9%	COM	570535104
DVN	DEVON ENERGY CORP NEW	1,200 (-95.2%)	$44 (-95.0%)	0.0%	$33.63	+3.3%	COM	25179M103
SLB	SLB LIMITED	1,400 (-94.2%)	$54 (-93.5%)	0.1%	$34.34	+5.0%	COM STK	806857108
NTAP	NETAPP INC	700 (-90.0%)	$75 (-91.0%)	0.1%	$110.78	+2.6%	COM	64110D104
KEY	KEYCORP	3,500 (-89.8%)	$72 (-88.7%)	0.1%	$16.73	+10.5%	COM	493267108
FSLR	FIRST SOLAR INC	1,000 (-73.0%)	$261 (-68.0%)	0.2%	$191.94	+31.4%	COM	336433107
WAB	WABTEC	100 (-95.5%)	$21 (-95.2%)	0.0%	$191.77	+7.1%	COM	929740108
CB	CHUBB LIMITED	160 (-89.3%)	$50 (-88.2%)	0.0%	$275.21	+6.2%	COM	H1467J104
PNR	PENTAIR PLC	300 (-91.4%)	$31 (-91.9%)	0.0%	$106.48	+0.2%	SHS	G7S00T104
CSX	CSX CORP	1,100 (-89.7%)	$40 (-89.5%)	0.0%	$29.78	+19.9%	COM	126408103
USB	US BANCORP DEL	1,200 (-85.4%)	$64 (-83.8%)	0.1%	$46.35	+5.1%	COM NEW	902973304
MAS	MASCO CORP	600 (-87.5%)	$38 (-88.7%)	0.0%	$62.21	+4.1%	COM	574599106
TRMB	TRIMBLE INC	500 (-87.8%)	$39 (-88.3%)	0.0%	$67.18	+18.6%	COM	896239100
J	JACOBS SOLUTIONS INC	300 (-86.4%)	$40 (-87.9%)	0.0%	$122.56	+19.5%	COM	46982L108
XYZ	BLOCK INC	900 (-79.1%)	$59 (-81.1%)	0.1%	$74.85	-7.8%	CL A	852234103
ALLE	ALLEGION PLC	200 (-87.5%)	$32 (-88.8%)	0.0%	$136.29	+22.3%	ORD SHS	G0176J109
GD	GENERAL DYNAMICS CORP	80 (-90.0%)	$27 (-90.1%)	0.0%	$313.76	+8.6%	COM	369550108
UBER	UBER TECHNOLOGIES INC	400 (-85.7%)	$33 (-88.1%)	0.0%	$93.52	-3.7%	COM	90353T100
CAH	CARDINAL HEALTH INC	200 (-88.2%)	$41 (-84.6%)	0.0%	$147.12	+27.6%	COM	14149Y108
FLEX	FLEX LTD	26,900 (-15.7%)	$1,625 (-12.1%)	1.5%	$38.97	+58.5%	ORD	Y2573F102
HCA	HCA HEALTHCARE INC	80 (-86.7%)	$37 (-85.4%)	0.0%	$386.45	+20.0%	COM	40412C101
HPE	HEWLETT PACKARD ENTERPRISE C	71,600 (-8.9%)	$1,720 (-10.9%)	1.6%	$17.75	+32.1%	COM	42824C109
VLO	VALERO ENERGY CORP	200 (-85.7%)	$33 (-86.3%)	0.0%	$147.81	+14.2%	COM	91913Y100
INCY	INCYTE CORP	500 (-83.3%)	$49 (-80.6%)	0.0%	$79.04	+22.4%	COM	45337C102
PCAR	PACCAR INC	300 (-87.5%)	$33 (-86.1%)	0.0%	$96.91	+4.4%	COM	693718108
MPC	MARATHON PETE CORP	200 (-83.3%)	$33 (-85.9%)	0.0%	$174.47	+6.8%	COM	56585A102
IQV	IQVIA HLDGS INC	100 (-90.9%)	$23 (-89.2%)	0.0%	$181.84	+19.7%	COM	46266C105
CVS	CVS HEALTH CORP	900 (-73.5%)	$71 (-72.1%)	0.1%	$67.82	+16.0%	COM	126650100
ON	ON SEMICONDUCTOR CORP	800 (-82.6%)	$43 (-80.9%)	0.0%	$52.63	-2.5%	COM	682189105
SNA	SNAP ON INC	120 (-80.0%)	$41 (-80.1%)	0.0%	$323.82	+5.1%	COM	833034101
FFIV	F5 INC	240 (-65.7%)	$61 (-72.9%)	0.1%	$263.63	+2.0%	COM	315616102
EXPD	EXPEDITORS INTL WASH INC	300 (-82.4%)	$45 (-78.5%)	0.0%	$110.87	+22.3%	COM	302130109
BIIB	BIOGEN INC	300 (-78.6%)	$53 (-73.1%)	0.1%	$135.17	+20.9%	COM	09062X103
SSNC	SS&C TECHNOLOGIES HLDGS INC	800 (-66.7%)	$70 (-67.2%)	0.1%	$78.61	+8.5%	COM	78467J100
MRK	MERCK & CO INC	500 (-78.3%)	$53 (-72.7%)	0.1%	$81.01	+15.1%	COM	58933Y105
ZBRA	ZEBRA TECHNOLOGIES CORPORATI	160 (-73.3%)	$39 (-78.2%)	0.0%	$319.44	-16.3%	CL A	989207105
HOLX	HOLOGIC INC	1,300 (-62.9%)	$97 (-59.0%)	0.1%	$66.38	+10.1%	COM	436440101
ELV	ELEVANCE HEALTH INC FORMERLY	160 (-73.3%)	$56 (-71.1%)	0.1%	$308.14	+9.3%	COM	036752103
PFE	PFIZER INC	2,900 (-64.6%)	$72 (-65.4%)	0.1%	$24.14	+3.7%	COM	717081103
FDX	FEDEX CORP	100 (-85.7%)	$29 (-82.5%)	0.0%	$228.30	+14.6%	COM	31428X106
EOG	EOG RES INC	300 (-78.6%)	$32 (-79.9%)	0.0%	$117.95	-9.1%	COM	26875P101
ZBH	ZIMMER BIOMET HOLDINGS INC	800 (-60.0%)	$72 (-63.5%)	0.1%	$98.59	-4.1%	COM	98956P102
UAL	UNITED AIRLS HLDGS INC	13,800 (-19.8%)	$1,543 (-7.0%)	1.5%	$90.86	+11.2%	COM	910047109
JBHT	HUNT J B TRANS SVCS INC	200 (-81.8%)	$39 (-73.7%)	0.0%	$143.22	+19.7%	COM	445658107
OKE	ONEOK INC NEW	500 (-68.8%)	$37 (-68.5%)	0.0%	$75.06	-6.1%	COM	682680103
OXY	OCCIDENTAL PETE CORP	600 (-72.7%)	$25 (-76.3%)	0.0%	$44.74	-7.1%	COM	674599105
TXT	TEXTRON INC	17,600 (-6.9%)	$1,534 (-3.9%)	1.5%	$78.17	+7.0%	COM	883203101
LUV	SOUTHWEST AIRLS CO	1,200 (-61.3%)	$50 (-49.9%)	0.0%	$29.68	+17.2%	COM	844741108