Column Small Cap Fund |
Schedule of Investments |
as of May 31, 2024 (Unaudited) |
COMMON STOCKS - 94.5% | Shares | Value | ||||
Aerospace & Defense - 1.6% | ||||||
AAR Corp.(a) | 7,552 | $ | 536,116 | |||
Babcock International Group PLC | 48,659 | 351,118 | ||||
BWX Technologies, Inc. | 7,375 | 679,459 | ||||
CAE, Inc.(a) | 13,445 | 252,436 | ||||
Embraer SA - ADR(a) | 13,006 | 361,437 | ||||
Leonardo DRS, Inc.(a) | 30,689 | 722,726 | ||||
Melrose Industries PLC | 62,180 | 493,081 | ||||
Mercury Systems, Inc.(a) | 10,229 | 316,588 | ||||
Moog, Inc. - Class A | 2,344 | 397,144 | ||||
QinetiQ Group PLC | 286,900 | 1,639,790 | ||||
Senior PLC | 317,578 | 655,302 | ||||
VirTra, Inc.(a) | 1,301 | 11,917 | ||||
6,417,114 | ||||||
Air Freight & Logistics - 0.4% | ||||||
Air Transport Services Group, Inc.(a) | 6,614 | 89,289 | ||||
Cargojet, Inc. | 5,821 | 474,239 | ||||
GXO Logistics, Inc.(a) | 14,549 | 730,796 | ||||
Hub Group, Inc. - Class A | 6,893 | 297,433 | ||||
1,591,757 | ||||||
Automobile Components - 1.4% | ||||||
Adient PLC(a) | 11,537 | 325,805 | ||||
American Axle & Manufacturing Holdings, Inc.(a) | 11,207 | 85,621 | ||||
Dana, Inc. | 8,764 | 123,222 | ||||
Fox Factory Holding Corp.(a) | 50,421 | 2,350,627 | ||||
Gentherm, Inc.(a) | 8,784 | 473,809 | ||||
Goodyear Tire & Rubber Co.(a) | 52,968 | 652,036 | ||||
Holley, Inc.(a) | 143,835 | 552,326 | ||||
LCI Industries | 4,287 | 471,056 | ||||
Motorcar Parts of America, Inc.(a) | 1,574 | 8,012 | ||||
Patrick Industries, Inc. | 1,890 | 216,594 | ||||
Phinia, Inc. | 4,780 | 213,953 | ||||
Standard Motor Products, Inc. | 1,794 | 55,094 | ||||
Stoneridge, Inc.(a) | 2,330 | 36,977 | ||||
5,565,132 | ||||||
Automobiles - 0.2% | ||||||
Harley-Davidson, Inc. | 12,570 | 451,012 | ||||
Thor Industries, Inc. | 49 | 4,863 | ||||
Winnebago Industries, Inc. | 5,730 | 355,546 | ||||
811,421 | ||||||
Banks - 8.7% | ||||||
1st Source Corp. | 773 | 39,748 | ||||
ACNB Corp. | 668 | 21,089 | ||||
Amalgamated Financial Corp. | 1,815 | 45,883 | ||||
Amerant Bancorp, Inc. | 2,129 | 46,923 | ||||
Ameris Bancorp | 4,820 | 240,759 | ||||
Arrow Financial Corp. | 1,187 | 29,806 | ||||
Associated Banc-Corp. | 10,060 | 215,485 | ||||
Atlantic Union Bankshares Corp. | 9,259 | 302,121 | ||||
Axos Financial, Inc.(a) | 4,138 | 222,914 | ||||
Banc of California, Inc. | 26,546 | 367,928 | ||||
BancFirst Corp. | 25 | 2,154 | ||||
Bancorp, Inc.(a) | 8,563 | 287,631 | ||||
Bank of Hawaii Corp. | 4,910 | 283,503 | ||||
Bank of Marin Bancorp | 923 | 14,196 | ||||
Bank of NT Butterfield & Son Ltd. | 3,631 | 123,708 | ||||
Bank OZK | 8,659 | 362,639 | ||||
BankUnited, Inc. | 5,040 | 144,598 | ||||
Banner Corp. | 2,340 | 109,582 | ||||
Bar Harbor Bankshares | 953 | 25,035 | ||||
BayCom Corp. | 438 | 8,839 | ||||
Berkshire Hills Bancorp, Inc. | 2,711 | 60,266 | ||||
BOK Financial Corp. | 797 | 72,224 | ||||
Bridgewater Bancshares, Inc.(a) | 765 | 8,622 | ||||
Brookline Bancorp, Inc. | 5,515 | 47,705 | ||||
Burke & Herbert Financial Services Corp. | 512 | 25,651 | ||||
Business First Bancshares, Inc. | 1,960 | 42,042 | ||||
Byline Bancorp, Inc. | 2,079 | 48,025 | ||||
C&F Financial Corp. | 123 | 5,405 | ||||
Cadence Bank | 42,618 | 1,216,744 | ||||
Cambridge Bancorp | 496 | 33,202 | ||||
Camden National Corp. | 11,418 | 370,172 | ||||
Capital Bancorp, Inc. | 382 | 7,697 | ||||
Capital City Bank Group, Inc. | 856 | 23,249 | ||||
Carter Bankshares, Inc.(a) | 1,424 | 18,156 | ||||
Cathay General Bancorp | 4,726 | 174,106 | ||||
Central Pacific Financial Corp. | 1,922 | 38,978 | ||||
Chemung Financial Corp. | 162 | 7,031 | ||||
ChoiceOne Financial Services, Inc. | 568 | 14,018 | ||||
City Holding Co. | 20 | 2,044 | ||||
CNB Financial Corp./PA | 1,526 | 29,604 | ||||
Coastal Financial Corp./WA(a) | 707 | 31,348 | ||||
Codorus Valley Bancorp, Inc. | 343 | 7,546 | ||||
Colony Bankcorp, Inc. | 628 | 7,586 | ||||
Columbia Banking System, Inc. | 62,708 | 1,209,010 | ||||
Comerica, Inc. | 28,309 | 1,450,553 | ||||
Community Financial System, Inc. | 3,885 | 176,612 | ||||
Community Trust Bancorp, Inc. | 1,100 | 46,321 | ||||
Community West Bancshares | 426 | 7,400 | ||||
ConnectOne Bancorp, Inc. | 2,576 | 48,017 | ||||
CrossFirst Bankshares, Inc.(a) | 2,964 | 38,799 | ||||
Cullen/Frost Bankers, Inc. | 1,780 | 180,812 | ||||
Customers Bancorp, Inc.(a) | 2,735 | 123,895 | ||||
Dime Community Bancshares, Inc. | 2,761 | 50,996 | ||||
Eagle Bancorp, Inc. | 1,978 | 35,663 | ||||
Enterprise Financial Services Corp. | 2,476 | 95,796 | ||||
Equity Bancshares, Inc. - Class A | 1,084 | 36,531 | ||||
Esquire Financial Holdings, Inc. | 481 | 22,015 | ||||
Evans Bancorp, Inc. | 201 | 5,318 | ||||
FB Financial Corp. | 50 | 1,850 | ||||
Fidelity D&D Bancorp, Inc. | 329 | 15,210 | ||||
Financial Institutions, Inc. | 1,179 | 20,762 | ||||
First BanCorp/Puerto Rico | 50,305 | 891,908 | ||||
First Bancorp/Southern Pines NC | 11,120 | 350,836 | ||||
First Bancshares, Inc. | 38 | 963 | ||||
First Bank/Hamilton NJ | 1,610 | 19,594 | ||||
First Busey Corp. | 3,646 | 82,436 | ||||
First Business Financial Services, Inc. | 559 | 19,012 | ||||
First Commonwealth Financial Corp. | 72,439 | 978,651 | ||||
First Financial Bancorp | 5,907 | 131,726 | ||||
First Financial Bankshares, Inc. | 4,405 | 132,062 | ||||
First Financial Corp./IN | 764 | 28,299 | ||||
First Foundation, Inc. | 66 | 391 | ||||
First Hawaiian, Inc. | 178 | 3,619 | ||||
First Interstate BancSystem, Inc. - Class A | 46,861 | 1,243,691 | ||||
First Merchants Corp. | 4,030 | 133,192 | ||||
First Mid Bancshares, Inc. | 1,408 | 44,690 | ||||
First of Long Island Corp. | 696 | 6,960 | ||||
Flushing Financial Corp. | 1,703 | 21,662 | ||||
FNB Corp./PA | 24,141 | 332,422 | ||||
FS Bancorp, Inc. | 253 | 8,296 | ||||
Fulton Financial Corp. | 11,858 | 199,689 | ||||
German American Bancorp, Inc. | 12,374 | 391,637 | ||||
Glacier Bancorp, Inc. | 3,811 | 142,455 | ||||
Great Southern Bancorp, Inc. | 702 | 36,848 | ||||
Hancock Whitney Corp. | 6,700 | 313,091 | ||||
Hanmi Financial Corp. | 2,235 | 35,224 | ||||
HarborOne Bancorp, Inc. | 59 | 614 | ||||
HBT Financial, Inc. | 457 | 8,912 | ||||
Heartland Financial USA, Inc. | 2,566 | 112,801 | ||||
Heritage Commerce Corp. | 4,001 | 32,608 | ||||
Heritage Financial Corp./WA | 2,301 | 41,717 | ||||
HomeStreet, Inc. | 24 | 219 | ||||
HomeTrust Bancshares, Inc. | 999 | 27,582 | ||||
Hope Bancorp, Inc. | 7,690 | 80,976 | ||||
Horizon Bancorp, Inc./IN | 2,971 | 36,306 | ||||
Huntington Bancshares, Inc./OH | 22,541 | 313,771 | ||||
Independent Bank Corp. | 2,737 | 139,012 | ||||
Independent Bank Corp./MI | 1,675 | 41,976 | ||||
International Bancshares Corp. | 4,105 | 233,287 | ||||
Kearny Financial Corp./MD | 76 | 431 | ||||
Lakeland Financial Corp. | 1,445 | 89,633 | ||||
Macatawa Bank Corp. | 2,377 | 33,421 | ||||
Mercantile Bank Corp. | 1,209 | 46,317 | ||||
Metrocity Bankshares, Inc. | 1,332 | 32,834 | ||||
Metropolitan Bank Holding Corp.(a) | 738 | 31,033 | ||||
Mid Penn Bancorp, Inc. | 976 | 20,886 | ||||
Midland States Bancorp, Inc. | 1,681 | 38,192 | ||||
MidWestOne Financial Group, Inc. | 651 | 13,938 | ||||
MVB Financial Corp. | 672 | 12,587 | ||||
National Bank Holdings Corp. - Class A | 17,166 | 626,044 | ||||
National Bankshares, Inc. | 209 | 6,429 | ||||
Northeast Bank | 475 | 26,405 | ||||
Northfield Bancorp, Inc. | 2,447 | 21,680 | ||||
Northrim BanCorp, Inc. | 428 | 24,999 | ||||
Northwest Bancshares, Inc. | 7,200 | 78,840 | ||||
OceanFirst Financial Corp. | 3,769 | 56,723 | ||||
OFG Bancorp | 3,977 | 147,785 | ||||
Old National Bancorp/IN | 22,819 | 389,977 | ||||
Old Second Bancorp, Inc. | 3,088 | 44,652 | ||||
Orange County Bancorp, Inc. | 178 | 8,727 | ||||
Origin Bancorp, Inc. | 1,997 | 62,446 | ||||
Orrstown Financial Services, Inc. | 820 | 21,410 | ||||
Pacific Premier Bancorp, Inc. | 6,558 | 145,850 | ||||
Pathward Financial, Inc. | 1,760 | 93,826 | ||||
Peapack-Gladstone Financial Corp. | 1,094 | 23,740 | ||||
Penns Woods Bancorp, Inc. | 73 | 1,451 | ||||
Peoples Bancorp, Inc./OH | 17,803 | 518,957 | ||||
Peoples Financial Services Corp. | 433 | 16,883 | ||||
Popular, Inc. | 8,188 | 728,814 | ||||
Preferred Bank/Los Angeles CA | 988 | 73,823 | ||||
Premier Financial Corp. | 2,483 | 48,940 | ||||
Primis Financial Corp. | 1,683 | 17,655 | ||||
Prosperity Bancshares, Inc. | 15,602 | 972,005 | ||||
Provident Financial Services, Inc. | 8,139 | 117,202 | ||||
QCR Holdings, Inc. | 1,174 | 66,531 | ||||
RBB Bancorp | 1,252 | 22,999 | ||||
Red River Bancshares, Inc. | 162 | 7,429 | ||||
Republic Bancorp, Inc./KY - Class A | 583 | 30,194 | ||||
S&T Bancorp, Inc. | 2,499 | 79,743 | ||||
Sandy Spring Bancorp, Inc. | 6,307 | 147,836 | ||||
Seacoast Banking Corp. of Florida | 22,902 | 542,090 | ||||
ServisFirst Bancshares, Inc. | 40,532 | 2,504,878 | ||||
Shore Bancshares, Inc. | 1,871 | 21,161 | ||||
Simmons First National Corp. - Class A | 7,585 | 131,827 | ||||
SmartFinancial, Inc. | 996 | 23,047 | ||||
South Plains Financial, Inc. | 846 | 22,969 | ||||
Southern First Bancshares, Inc.(a) | 504 | 13,845 | ||||
Southern Missouri Bancorp, Inc. | 616 | 25,940 | ||||
Southside Bancshares, Inc. | 40 | 1,072 | ||||
SouthState Corp. | 15,852 | 1,225,518 | ||||
Stellar Bancorp, Inc. | 63 | 1,423 | ||||
Stock Yards Bancorp, Inc. | 1,691 | 79,223 | ||||
Synovus Financial Corp. | 5,217 | 207,063 | ||||
Texas Capital Bancshares, Inc.(a) | 10,381 | 625,767 | ||||
Timberland Bancorp, Inc./WA | 279 | 6,905 | ||||
Towne Bank/Portsmouth VA | 4,381 | 119,119 | ||||
TriCo Bancshares | 15,675 | 596,904 | ||||
Triumph Financial, Inc.(a) | 35,259 | 2,619,744 | ||||
TrustCo Bank Corp. NY | 1,255 | 34,889 | ||||
Trustmark Corp. | 3,873 | 112,898 | ||||
UMB Financial Corp. | 2,859 | 235,696 | ||||
United Bankshares, Inc./WV | 21,905 | 710,598 | ||||
United Community Banks, Inc./GA | 4,808 | 123,373 | ||||
Unity Bancorp, Inc. | 290 | 8,114 | ||||
Univest Financial Corp. | 1,879 | 40,962 | ||||
Valley National Bancorp | 31,309 | 223,233 | ||||
Veritex Holdings, Inc. | 3,654 | 74,542 | ||||
WaFd, Inc. | 5,736 | 160,665 | ||||
Washington Trust Bancorp, Inc. | 1,171 | 30,739 | ||||
Webster Financial Corp. | 10,515 | 464,973 | ||||
West BanCorp, Inc. | 973 | 16,852 | ||||
Westamerica BanCorp | 1,868 | 91,196 | ||||
Western Alliance Bancorp | 19,845 | 1,250,830 | ||||
Wintrust Financial Corp. | 103 | 10,157 | ||||
WSFS Financial Corp. | 29,586 | 1,303,559 | ||||
Zions Bancorp NA | 25,020 | 1,080,614 | ||||
35,062,309 | ||||||
Beverages - 0.3% | ||||||
Coca-Cola Consolidated, Inc. | 1,000 | 981,040 | ||||
MGP Ingredients, Inc. | 3,385 | 262,744 | ||||
1,243,784 | ||||||
Biotechnology - 1.8% | ||||||
ADMA Biologics, Inc.(a) | 48,699 | 465,075 | ||||
Alkermes PLC(a) | 11,279 | 263,929 | ||||
Arcturus Therapeutics Holdings, Inc.(a) | 2,958 | 114,800 | ||||
Arcutis Biotherapeutics, Inc.(a) | 15,407 | 128,803 | ||||
Avid Bioservices, Inc.(a) | 5,632 | 45,563 | ||||
Biohaven Ltd.(a) | 3,017 | 105,897 | ||||
Blueprint Medicines Corp.(a) | 4,541 | 479,348 | ||||
Bridgebio Pharma, Inc.(a) | 10,341 | 289,651 | ||||
Celldex Therapeutics, Inc.(a) | 2,795 | 93,074 | ||||
Centessa Pharmaceuticals PLC - ADR(a) | 13,622 | 117,558 | ||||
Cytokinetics, Inc.(a) | 6,189 | 300,228 | ||||
Eagle Pharmaceuticals, Inc./DE(a) | 21 | 73 | ||||
Emergent BioSolutions, Inc.(a) | 2,432 | 13,862 | ||||
Entrada Therapeutics, Inc.(a) | 2,622 | 40,562 | ||||
Halozyme Therapeutics, Inc.(a) | 22,057 | 976,905 | ||||
Insmed, Inc.(a) | 10,974 | 604,119 | ||||
Keros Therapeutics, Inc.(a) | 3,400 | 159,358 | ||||
Madrigal Pharmaceuticals, Inc.(a) | 1,439 | 339,834 | ||||
Mineralys Therapeutics, Inc.(a) | 10,103 | 129,015 | ||||
Natera, Inc.(a) | 10,250 | 1,091,933 | ||||
Protagonist Therapeutics, Inc.(a) | 6,003 | 168,984 | ||||
Puma Biotechnology, Inc.(a) | 4,822 | 18,565 | ||||
Twist Bioscience Corp.(a) | 6,226 | 260,869 | ||||
Tyra Biosciences, Inc.(a) | 1,986 | 32,213 | ||||
Vaxcyte, Inc.(a) | 6,417 | 450,923 | ||||
Vera Therapeutics, Inc.(a) | 2,654 | 100,825 | ||||
Viking Therapeutics, Inc.(a) | 6,217 | 387,070 | ||||
Voyager Therapeutics, Inc.(a) | 6,066 | 50,954 | ||||
7,229,990 | ||||||
Broadline Retail - 0.9% | ||||||
Big Lots, Inc.(a) | 2,101 | 7,312 | ||||
Dillard's, Inc. - Class A | 6 | 2,684 | ||||
Kohl's Corp. | 12,084 | 270,561 | ||||
Macy's, Inc. | 21,996 | 428,482 | ||||
Nordstrom, Inc. | 6,763 | 149,462 | ||||
Ollie's Bargain Outlet Holdings, Inc.(a) | 29,968 | 2,470,262 | ||||
Savers Value Village, Inc.(a) | 23,947 | 324,721 | ||||
3,653,484 | ||||||
Building Products - 3.2% | ||||||
AAON, Inc. | 61,068 | 4,583,153 | ||||
Advanced Drainage Systems, Inc. | 4,320 | 749,477 | ||||
Apogee Enterprises, Inc. | 2,374 | 154,239 | ||||
Armstrong World Industries, Inc. | 413 | 47,825 | ||||
AZEK Co., Inc.(a) | 25,734 | 1,234,203 | ||||
CSW Industrials, Inc. | 1,283 | 326,215 | ||||
Fortune Brands Innovations, Inc. | 4,449 | 311,697 | ||||
Hayward Holdings, Inc.(a) | 63,058 | 913,710 | ||||
Insteel Industries, Inc. | 7,490 | 246,196 | ||||
Janus International Group, Inc.(a) | 111,028 | 1,541,069 | ||||
JELD-WEN Holding, Inc.(a) | 46,814 | 726,085 | ||||
Quanex Building Products Corp. | 3,539 | 116,645 | ||||
Resideo Technologies, Inc.(a) | 39,181 | 846,310 | ||||
Simpson Manufacturing Co., Inc. | 292 | 48,449 | ||||
UFP Industries, Inc. | 7,468 | 892,277 | ||||
12,737,550 | ||||||
Capital Markets - 2.8% | ||||||
Artisan Partners Asset Management, Inc. - Class A | 22,525 | 991,776 | ||||
BGC Group, Inc. - Class A | 116,829 | 1,012,907 | ||||
Donnelley Financial Solutions, Inc.(a) | 11,616 | 708,111 | ||||
Evercore, Inc. - Class A | 5,265 | 1,068,479 | ||||
FactSet Research Systems, Inc. | 3,775 | 1,526,082 | ||||
Hamilton Lane, Inc. - Class A | 4,636 | 581,772 | ||||
Houlihan Lokey, Inc. | 1,226 | 165,939 | ||||
Morningstar, Inc. | 14,917 | 4,299,825 | ||||
Oppenheimer Holdings, Inc. - Class A | 365 | 16,673 | ||||
Patria Investments Ltd. - Class A | 80 | 1,040 | ||||
Piper Sandler Cos. | 2,455 | 519,920 | ||||
StoneX Group, Inc.(a) | 2,060 | 154,644 | ||||
Victory Capital Holdings, Inc. - Class A | 7,002 | 364,314 | ||||
Virtu Financial, Inc. - Class A | 109 | 2,398 | ||||
11,413,880 | ||||||
Chemicals - 3.2% | ||||||
AdvanSix, Inc. | 1,860 | 44,082 | ||||
Arcadium Lithium PLC(a) | 702 | 3,110 | ||||
Ashland, Inc. | 10,614 | 1,063,204 | ||||
Avient Corp. | 22,182 | 991,092 | ||||
Axalta Coating Systems Ltd.(a) | 26,950 | 959,150 | ||||
Cabot Corp. | 6,382 | 652,879 | ||||
Chemours Co. | 44,710 | 1,109,702 | ||||
Core Molding Technologies, Inc.(a) | 402 | 7,734 | ||||
Element Solutions, Inc. | 106,580 | 2,561,117 | ||||
Elementis PLC | 436,669 | 838,503 | ||||
Hawkins, Inc. | 2,353 | 205,464 | ||||
Huntsman Corp. | 15,902 | 394,370 | ||||
Intrepid Potash, Inc.(a) | 1,040 | 27,903 | ||||
LSB Industries, Inc.(a) | 5,554 | 54,485 | ||||
Mativ Holdings, Inc. | 29,908 | 537,447 | ||||
NewMarket Corp. | 10 | 5,351 | ||||
Olin Corp. | 10,526 | 565,878 | ||||
Orion SA | 6,551 | 162,923 | ||||
Quaker Chemical Corp. | 392 | 71,089 | ||||
Rayonier Advanced Materials, Inc.(a) | 5,378 | 30,386 | ||||
Stepan Co. | 1,216 | 105,999 | ||||
Tronox Holdings PLC | 117,931 | 2,336,213 | ||||
12,728,081 | ||||||
Commercial Services & Supplies - 1.5% | ||||||
ABM Industries, Inc. | 10,926 | 516,472 | ||||
ACCO Brands Corp. | 1,732 | 8,816 | ||||
Acme United Corp. | 469 | 16,645 | ||||
Aris Water Solutions, Inc. - Class A | 2,093 | 32,169 | ||||
Casella Waste Systems, Inc. - Class A(a) | 888 | 89,324 | ||||
Civeo Corp. | 1,273 | 31,023 | ||||
Clean Harbors, Inc.(a) | 4,773 | 1,033,784 | ||||
Driven Brands Holdings, Inc.(a) | 21,692 | 249,241 | ||||
Enviri Corp.(a) | 42,408 | 375,311 | ||||
HNI Corp. | 14,017 | 659,500 | ||||
Interface, Inc. | 7,638 | 123,048 | ||||
OPENLANE, Inc.(a) | 28,564 | 492,729 | ||||
Quad/Graphics, Inc. | 1,583 | 7,472 | ||||
Rollins, Inc. | 3,554 | 162,382 | ||||
Steelcase, Inc. - Class A | 12,892 | 176,105 | ||||
Stericycle, Inc.(a) | 27,628 | 1,423,947 | ||||
Tetra Tech, Inc. | 1,776 | 372,054 | ||||
UniFirst Corp./MA | 1,936 | 307,050 | ||||
Virco Mfg. Corp. | 1,822 | 21,682 | ||||
6,098,754 | ||||||
Communications Equipment - 0.8% | ||||||
Applied Optoelectronics, Inc.(a) | 5,839 | 61,251 | ||||
Ciena Corp.(a) | 19,672 | 947,600 | ||||
Extreme Networks, Inc.(a) | 10,886 | 121,379 | ||||
Harmonic, Inc.(a) | 41,201 | 503,888 | ||||
Infinera Corp.(a) | 28,928 | 165,468 | ||||
Lumentum Holdings, Inc.(a) | 6,503 | 282,881 | ||||
Ribbon Communications, Inc.(a) | 127,303 | 399,731 | ||||
Viasat, Inc.(a) | 35,496 | 599,528 | ||||
Viavi Solutions, Inc.(a) | 28,460 | 214,019 | ||||
3,295,745 | ||||||
Construction & Engineering - 1.9% | ||||||
Arcosa, Inc. | 22,241 | 1,955,206 | ||||
Argan, Inc. | 1,629 | 115,056 | ||||
Construction Partners, Inc. - Class A(a) | 8,982 | 522,842 | ||||
Fluor Corp.(a) | 12,384 | 537,466 | ||||
Limbach Holdings, Inc.(a) | 1,236 | 70,551 | ||||
MasTec, Inc.(a) | 4,398 | 493,675 | ||||
MDU Resources Group, Inc. | 21,081 | 532,084 | ||||
MYR Group, Inc.(a) | 100 | 15,506 | ||||
Primoris Services Corp. | 24,727 | 1,354,051 | ||||
Tutor Perini Corp.(a) | 1,496 | 33,002 | ||||
Valmont Industries, Inc. | 3,962 | 996,047 | ||||
WillScot Mobile Mini Holdings Corp.(a) | 25,239 | 995,174 | ||||
7,620,660 | ||||||
Construction Materials - 0.4% | ||||||
Eagle Materials, Inc. | 1,583 | 367,874 | ||||
Summit Materials, Inc. - Class A(a) | 27,216 | 1,051,626 | ||||
1,419,500 | ||||||
Consumer Finance - 0.6% | ||||||
Bread Financial Holdings, Inc. | 13,756 | 574,451 | ||||
EZCORP, Inc. - Class A(a) | 3,639 | 38,173 | ||||
FirstCash Holdings, Inc. | 9,117 | 1,075,077 | ||||
LendingClub Corp.(a) | 5,572 | 49,702 | ||||
Navient Corp. | 5,925 | 89,290 | ||||
OneMain Holdings, Inc. | 177 | 8,694 | ||||
PROG Holdings, Inc. | 1,866 | 70,516 | ||||
SLM Corp. | 16,342 | 350,699 | ||||
World Acceptance Corp.(a) | 210 | 26,983 | ||||
2,283,585 | ||||||
Consumer Staples Distribution & Retail - 0.7% | ||||||
Andersons, Inc. | 4,169 | 218,206 | ||||
Grocery Outlet Holding Corp.(a) | 34,009 | 747,858 | ||||
Ingles Markets, Inc. - Class A | 1,638 | 119,803 | ||||
Natural Grocers by Vitamin Cottage, Inc. | 1,745 | 37,657 | ||||
PriceSmart, Inc. | 16,180 | 1,361,547 | ||||
SpartanNash Co. | 3,974 | 78,089 | ||||
Sprouts Farmers Market, Inc.(a) | 246 | 19,429 | ||||
United Natural Foods, Inc.(a) | 5,344 | 64,181 | ||||
Village Super Market, Inc. - Class A | 945 | 28,728 | ||||
Weis Markets, Inc. | 901 | 59,061 | ||||
2,734,559 | ||||||
Containers & Packaging - 0.6% | ||||||
AptarGroup, Inc. | 4,380 | 646,882 | ||||
Avery Dennison Corp. | 4,554 | 1,036,445 | ||||
Graphic Packaging Holding Co. | 20,416 | 578,181 | ||||
Myers Industries, Inc. | 3,817 | 60,309 | ||||
2,321,817 | ||||||
Distributors - 0.1% | ||||||
Pool Corp. | 885 | 321,742 | ||||
Diversified Consumer Services - 0.9% | ||||||
ADT, Inc. | 86,557 | 615,420 | ||||
American Public Education, Inc.(a) | 925 | 16,095 | ||||
Bright Horizons Family Solutions, Inc.(a) | 1,253 | 131,715 | ||||
Duolingo, Inc.(a) | 2,808 | 537,451 | ||||
European Wax Center, Inc. - Class A(a) | 39,386 | 445,850 | ||||
Frontdoor, Inc.(a) | 4,071 | 143,991 | ||||
Graham Holdings Co. - Class B | 6 | 4,515 | ||||
Mister Car Wash, Inc.(a) | 43,239 | 303,970 | ||||
Perdoceo Education Corp. | 171 | 3,848 | ||||
Stride, Inc.(a) | 17,979 | 1,234,438 | ||||
Universal Technical Institute, Inc.(a) | 4,315 | 68,220 | ||||
3,505,513 | ||||||
Diversified Telecommunication Services - 0.0%(b) | ||||||
ATN International, Inc. | 1,084 | 26,385 | ||||
Frontier Communications Parent, Inc.(a) | 340 | 9,064 | ||||
IDT Corp. - Class B | 47 | 1,905 | ||||
37,354 | ||||||
Electric Utilities - 0.8% | ||||||
ALLETE, Inc. | 19,072 | 1,204,397 | ||||
IDACORP, Inc. | 7,548 | 720,608 | ||||
Portland General Electric Co. | 26,967 | 1,201,649 | ||||
3,126,654 | ||||||
Electrical Equipment - 0.9% | ||||||
Atkore, Inc. | 3,858 | 586,995 | ||||
Babcock & Wilcox Enterprises, Inc.(a) | 64,183 | 75,094 | ||||
Bloom Energy Corp. - Class A(a) | 32,583 | 531,755 | ||||
Encore Wire Corp. | 2,049 | 591,608 | ||||
EnerSys | 4,022 | 433,732 | ||||
Generac Holdings, Inc.(a) | 1,733 | 255,115 | ||||
LSI Industries, Inc. | 937 | 14,880 | ||||
NEXTracker, Inc. - Class A(a) | 576 | 31,778 | ||||
Powell Industries, Inc. | 1,232 | 221,587 | ||||
Preformed Line Products Co. | 12 | 1,612 | ||||
Regal Rexnord Corp. | 6,986 | 1,044,686 | ||||
3,788,842 | ||||||
Electronic Equipment Instruments & Components - 0.0%(b) | ||||||
IPG Photonics Corp.(a) | 2,227 | 193,148 | ||||
Electronic Equipment, Instruments & Components - 3.2% | ||||||
Advanced Energy Industries, Inc. | 1,173 | 126,015 | ||||
Bel Fuse, Inc. - Class B | 1,187 | 80,953 | ||||
Benchmark Electronics, Inc. | 15,823 | 681,497 | ||||
Celestica, Inc.(a) | 6,356 | 355,428 | ||||
Climb Global Solutions, Inc. | 418 | 24,064 | ||||
Coherent Corp.(a) | 17,472 | 996,952 | ||||
CTS Corp. | 505 | 26,740 | ||||
Daktronics, Inc.(a) | 5,006 | 55,867 | ||||
ePlus, Inc.(a) | 2,718 | 203,415 | ||||
Fabrinet(a) | 6,110 | 1,463,528 | ||||
Innoviz Technologies Ltd.(a) | 42,308 | 44,423 | ||||
Insight Enterprises, Inc.(a) | 5,546 | 1,084,243 | ||||
Itron, Inc.(a) | 3,465 | 372,661 | ||||
Kimball Electronics, Inc.(a) | 2,291 | 52,510 | ||||
Knowles Corp.(a) | 66,616 | 1,167,112 | ||||
Littelfuse, Inc. | 3,416 | 876,546 | ||||
Methode Electronics, Inc. | 2,110 | 24,856 | ||||
Mirion Technologies, Inc.(a) | 84,230 | 914,738 | ||||
Napco Security Technologies, Inc. | 9,590 | 476,143 | ||||
nLight, Inc.(a) | 10,100 | 132,815 | ||||
Novanta, Inc.(a) | 8,848 | 1,434,792 | ||||
OSI Systems, Inc.(a) | 3,412 | 490,441 | ||||
PC Connection, Inc. | 1,435 | 97,063 | ||||
Plexus Corp.(a) | 375 | 41,303 | ||||
Rogers Corp.(a) | 886 | 104,548 | ||||
Sanmina Corp.(a) | 9,794 | 671,281 | ||||
ScanSource, Inc.(a) | 3,281 | 155,618 | ||||
Teledyne Technologies, Inc.(a) | 760 | 301,682 | ||||
TTM Technologies, Inc.(a) | 10,330 | 192,138 | ||||
Vishay Intertechnology, Inc. | 12,073 | 285,285 | ||||
Vishay Precision Group, Inc.(a) | 386 | 13,035 | ||||
12,947,692 | ||||||
Energy Equipment & Services - 2.3% | ||||||
Archrock, Inc. | 19,219 | 388,992 | ||||
Atlas Energy Solutions, Inc. | 20,123 | 487,379 | ||||
Bristow Group, Inc.(a) | 54 | 1,939 | ||||
Cactus, Inc. - Class A | 2,296 | 117,900 | ||||
Dril-Quip, Inc.(a) | 7,178 | 138,822 | ||||
Expro Group Holdings NV(a) | 72,665 | 1,594,997 | ||||
Geospace Technologies Corp.(a) | 1,709 | 16,851 | ||||
Helix Energy Solutions Group, Inc.(a) | 16,121 | 185,553 | ||||
Helmerich & Payne, Inc. | 9,150 | 348,249 | ||||
Hunting PLC | 48,932 | 261,808 | ||||
John Wood Group PLC(a) | 166,163 | 375,956 | ||||
KLX Energy Services Holdings, Inc.(a) | 1,416 | 7,236 | ||||
Kodiak Gas Services, Inc. | 20,697 | 570,202 | ||||
Liberty Energy, Inc. | 19,194 | 473,900 | ||||
Nabors Industries Ltd.(a) | 597 | 44,632 | ||||
Natural Gas Services Group, Inc.(a) | 1,383 | 30,094 | ||||
Newpark Resources, Inc.(a) | 10,115 | 85,775 | ||||
Oceaneering International, Inc.(a) | 16,680 | 394,982 | ||||
Oil States International, Inc.(a) | 4,415 | 19,735 | ||||
Patterson-UTI Energy, Inc. | 69,108 | 761,570 | ||||
ProFrac Holding Corp. - Class A(a) | 1,642 | 15,796 | ||||
ProPetro Holding Corp.(a) | 8,962 | 85,856 | ||||
Ranger Energy Services, Inc. | 1,823 | 19,233 | ||||
RPC, Inc. | 10,137 | 69,236 | ||||
Select Water Solutions, Inc. | 8,367 | 91,451 | ||||
Solaris Oilfield Infrastructure, Inc. - Class A | 2,674 | 24,494 | ||||
TechnipFMC PLC | 37,207 | 974,451 | ||||
TETRA Technologies, Inc.(a) | 85,158 | 315,936 | ||||
Tidewater, Inc.(a) | 5,321 | 549,819 | ||||
Transocean Ltd.(a) | 139,336 | 863,883 | ||||
US Silica Holdings, Inc.(a) | 7,222 | 111,869 | ||||
9,428,596 | ||||||
Entertainment - 0.1% | ||||||
Lions Gate Entertainment Corp. - Class B(a) | 59,441 | 458,885 | ||||
Marcus Corp. | 2,576 | 27,434 | ||||
486,319 | ||||||
Financial Services - 1.1% | ||||||
Alerus Financial Corp. | 1,062 | 20,539 | ||||
AvidXchange Holdings, Inc.(a) | 60,214 | 637,666 | ||||
Cannae Holdings, Inc.(a) | 6,022 | 109,480 | ||||
Enact Holdings, Inc. | 1,112 | 34,149 | ||||
Essent Group Ltd. | 11,471 | 650,406 | ||||
Federal Agricultural Mortgage Corp. - Class C | 671 | 117,204 | ||||
International Money Express, Inc.(a) | 1,872 | 39,050 | ||||
Jack Henry & Associates, Inc. | 829 | 136,520 | ||||
Jackson Financial, Inc. - Class A | 8,431 | 640,840 | ||||
Merchants Bancorp/IN | 1,400 | 56,070 | ||||
MGIC Investment Corp. | 471 | 9,891 | ||||
NMI Holdings, Inc. - Class A(a) | 5,895 | 195,596 | ||||
Pagseguro Digital Ltd. - Class A(a) | 43,976 | 538,706 | ||||
PennyMac Financial Services, Inc. | 2,000 | 181,300 | ||||
Radian Group, Inc. | 10,232 | 319,648 | ||||
Shift4 Payments, Inc. - Class A(a) | 6,823 | 459,051 | ||||
Walker & Dunlop, Inc. | 2,441 | 234,312 | ||||
4,380,428 | ||||||
Food Products - 1.1% | ||||||
B&G Foods, Inc. | 5,743 | 54,788 | ||||
Cal-Maine Foods, Inc. | 5,347 | 329,749 | ||||
Dole PLC | 7,387 | 91,377 | ||||
Fresh Del Monte Produce, Inc. | 3,735 | 87,250 | ||||
Glanbia PLC | 67,254 | 1,379,105 | ||||
Hain Celestial Group, Inc.(a) | 24,379 | 186,743 | ||||
John B Sanfilippo & Son, Inc. | 743 | 74,917 | ||||
Nomad Foods Ltd. | 58,482 | 1,026,944 | ||||
Seaboard Corp. | 27 | 90,211 | ||||
Simply Good Foods Co.(a) | 1,544 | 59,429 | ||||
TreeHouse Foods, Inc.(a) | 21,340 | 774,855 | ||||
Utz Brands, Inc. | 5,177 | 95,982 | ||||
WK Kellogg Co. | 19,764 | 375,318 | ||||
4,626,668 | ||||||
Gas Utilities - 0.4% | ||||||
Atmos Energy Corp. | 3,802 | 440,728 | ||||
New Jersey Resources Corp. | 10,185 | 442,640 | ||||
Spire, Inc. | 11,479 | 703,548 | ||||
1,586,916 | ||||||
Ground Transportation - 1.1% | ||||||
ArcBest Corp. | 2,471 | 260,740 | ||||
Heartland Express, Inc. | 3,945 | 44,657 | ||||
Hertz Global Holdings, Inc.(a) | 8,725 | 38,041 | ||||
Knight-Swift Transportation Holdings, Inc. | 23,055 | 1,112,404 | ||||
Marten Transport Ltd. | 6,237 | 110,395 | ||||
RXO, Inc.(a) | 53,792 | 1,097,895 | ||||
Ryder System, Inc. | 4,246 | 515,762 | ||||
Saia, Inc.(a) | 1,755 | 718,637 | ||||
Schneider National, Inc. - Class B | 19,907 | 447,509 | ||||
Universal Logistics Holdings, Inc. | 715 | 31,281 | ||||
Werner Enterprises, Inc. | 6,822 | 256,303 | ||||
4,633,624 | ||||||
Health Care Equipment & Supplies - 2.3% | ||||||
Accuray, Inc.(a) | 59,300 | 104,961 | ||||
Alphatec Holdings, Inc.(a) | 45,084 | 437,766 | ||||
AtriCure, Inc.(a) | 9,040 | 203,762 | ||||
Atrion Corp. | 188 | 86,527 | ||||
Avanos Medical, Inc.(a) | 9,803 | 195,178 | ||||
CytoSorbents Corp.(a) | 2,059 | 1,853 | ||||
Enovis Corp.(a) | 16,290 | 818,898 | ||||
Envista Holdings Corp.(a) | 34,672 | 671,250 | ||||
Globus Medical, Inc. - Class A(a) | 17,285 | 1,159,996 | ||||
Haemonetics Corp.(a) | 9,276 | 779,926 | ||||
Inari Medical, Inc.(a) | 13,270 | 663,500 | ||||
Integer Holdings Corp.(a) | 5,042 | 611,292 | ||||
Integra LifeSciences Holdings Corp.(a) | 8,521 | 263,299 | ||||
Lantheus Holdings, Inc.(a) | 6,254 | 511,765 | ||||
OraSure Technologies, Inc.(a) | 46,176 | 218,412 | ||||
QuidelOrtho Corp.(a) | 4,028 | 177,997 | ||||
SI-BONE, Inc.(a) | 27,754 | 389,944 | ||||
Teleflex, Inc. | 2,697 | 563,862 | ||||
TransMedics Group, Inc.(a) | 4,155 | 566,742 | ||||
UFP Technologies, Inc.(a) | 890 | 231,720 | ||||
Varex Imaging Corp.(a) | 12,384 | 191,333 | ||||
Zimvie, Inc.(a) | 15,004 | 249,817 | ||||
9,099,800 | ||||||
Health Care Providers & Services - 3.0% | ||||||
Acadia Healthcare Co., Inc.(a) | 26,501 | 1,825,654 | ||||
AMN Healthcare Services, Inc.(a) | 12,155 | 679,951 | ||||
Brookdale Senior Living, Inc.(a) | 22,363 | 150,056 | ||||
Chemed Corp. | 604 | 334,839 | ||||
CorVel Corp.(a) | 358 | 85,866 | ||||
Cross Country Healthcare, Inc.(a) | 3,374 | 51,015 | ||||
Encompass Health Corp. | 6,078 | 525,078 | ||||
HealthEquity, Inc.(a) | 18,174 | 1,484,452 | ||||
Hims & Hers Health, Inc.(a) | 11,571 | 224,709 | ||||
Molina Healthcare, Inc.(a) | 1,517 | 477,218 | ||||
National Research Corp. | 30,614 | 859,641 | ||||
NeoGenomics, Inc.(a) | 36,452 | 499,757 | ||||
Option Care Health, Inc.(a) | 15,258 | 454,994 | ||||
Patterson Cos., Inc. | 12,788 | 314,457 | ||||
Premier, Inc. - Class A | 10,166 | 192,341 | ||||
R1 RCM, Inc.(a) | 43,032 | 553,391 | ||||
RadNet, Inc.(a) | 6,145 | 360,343 | ||||
Tenet Healthcare Corp.(a) | 9,734 | 1,316,231 | ||||
US Physical Therapy, Inc. | 16,200 | 1,661,634 | ||||
12,051,627 | ||||||
Health Care Technology - 0.2% | ||||||
Evolent Health, Inc. - Class A(a) | 14,760 | 312,764 | ||||
GoodRx Holdings, Inc. - Class A(a) | 10,036 | 78,983 | ||||
OptimizeRx Corp.(a) | 1,662 | 20,044 | ||||
Phreesia, Inc.(a) | 11,999 | 227,021 | ||||
Simulations Plus, Inc. | 1,682 | 81,140 | ||||
719,952 | ||||||
Hotels, Restaurants & Leisure - 1.9% | ||||||
BJ's Restaurants, Inc.(a) | 2,133 | 74,740 | ||||
Bowlero Corp. | 24,794 | 308,685 | ||||
Boyd Gaming Corp. | 7,184 | 383,051 | ||||
Brinker International, Inc.(a) | 19,306 | 1,363,583 | ||||
Cheesecake Factory, Inc. | 3,933 | 151,342 | ||||
Chuy's Holdings, Inc.(a) | 958 | 25,588 | ||||
Cracker Barrel Old Country Store, Inc. | 2,016 | 98,341 | ||||
Dalata Hotel Group PLC | 90,348 | 415,126 | ||||
Dave & Buster's Entertainment, Inc.(a) | 6,103 | 311,802 | ||||
Full House Resorts, Inc.(a) | 2,886 | 14,343 | ||||
Golden Entertainment, Inc. | 2,030 | 61,448 | ||||
Hilton Grand Vacations, Inc.(a) | 23,875 | 986,754 | ||||
International Game Technology PLC | 47,662 | 940,848 | ||||
Monarch Casino & Resort, Inc. | 1,204 | 80,632 | ||||
Planet Fitness, Inc. - Class A(a) | 5,416 | 344,674 | ||||
Playa Hotels & Resorts NV(a) | 9,056 | 77,157 | ||||
RCI Hospitality Holdings, Inc. | 10 | 447 | ||||
Red Rock Resorts, Inc. - Class A | 17,705 | 907,381 | ||||
Texas Roadhouse, Inc. | 1,944 | 335,671 | ||||
United Parks & Resorts, Inc.(a) | 3,717 | 194,362 | ||||
Wingstop, Inc. | 1,563 | 576,200 | ||||
7,652,175 | ||||||
Household Durables - 2.2% | ||||||
Beazer Homes USA, Inc.(a) | 2,790 | 80,129 | ||||
Century Communities, Inc. | 5,789 | 488,649 | ||||
Cricut, Inc. - Class A | 1,750 | 10,903 | ||||
Dream Finders Homes, Inc. - Class A(a) | 55,770 | 1,584,426 | ||||
Ethan Allen Interiors, Inc. | 2,137 | 62,208 | ||||
Flexsteel Industries, Inc. | 395 | 14,141 | ||||
Green Brick Partners, Inc.(a) | 2,944 | 160,742 | ||||
Hamilton Beach Brands Holding Co. - Class A | 933 | 17,867 | ||||
Hooker Furnishings Corp. | 1,278 | 22,212 | ||||
Hovnanian Enterprises, Inc. - Class A(a) | 629 | 90,438 | ||||
Installed Building Products, Inc. | 5,218 | 1,105,381 | ||||
KB Home | 7,146 | 504,508 | ||||
Landsea Homes Corp.(a) | 1,694 | 16,804 | ||||
La-Z-Boy, Inc. | 4,317 | 161,974 | ||||
Legacy Housing Corp.(a) | 915 | 21,255 | ||||
Lovesac Co.(a) | 1,355 | 38,089 | ||||
M/I Homes, Inc.(a) | 5,438 | 679,315 | ||||
Meritage Homes Corp. | 1,845 | 325,366 | ||||
Mohawk Industries, Inc.(a) | 56 | 6,828 | ||||
Skyline Champion Corp.(a) | 12,780 | 889,616 | ||||
Smith Douglas Homes Corp.(a) | 16,947 | 437,063 | ||||
Sonos, Inc.(a) | 33,825 | 534,435 | ||||
Taylor Morrison Home Corp.(a) | 3,003 | 173,663 | ||||
Tempur Sealy International, Inc. | 8,728 | 448,270 | ||||
TopBuild Corp.(a) | 761 | 318,060 | ||||
Tri Pointe Homes, Inc.(a) | 9,213 | 356,819 | ||||
Worthington Enterprises, Inc. | 3,322 | 189,454 | ||||
8,738,615 | ||||||
Household Products - 0.1% | ||||||
Central Garden & Pet Co.(a) | 1,067 | 46,361 | ||||
Central Garden & Pet Co. - Class A(a) | 5,850 | 218,498 | ||||
Church & Dwight Co., Inc. | 824 | 88,176 | ||||
Oil-Dri Corp. of America | 543 | 45,373 | ||||
WD-40 Co. | 684 | 153,688 | ||||
552,096 | ||||||
Independent Power and Renewable Electricity Producers - 0.6% | ||||||
Ormat Technologies, Inc. | 14,407 | 1,086,288 | ||||
Vistra Corp. | 15,413 | 1,527,120 | ||||
2,613,408 | ||||||
Insurance - 4.7% | ||||||
Ambac Financial Group, Inc.(a) | 3,097 | 54,879 | ||||
AMERISAFE, Inc. | 2,399 | 105,148 | ||||
Assured Guaranty Ltd. | 2,963 | 230,284 | ||||
Axis Capital Holdings Ltd. | 9,166 | 677,184 | ||||
Brighthouse Financial, Inc.(a) | 5,498 | 244,716 | ||||
CNO Financial Group, Inc. | 46,407 | 1,331,417 | ||||
Crawford & Co. - Class A | 1,199 | 10,887 | ||||
Crawford & Co. - Class B | 501 | 4,299 | ||||
Employers Holdings, Inc. | 1,650 | 69,597 | ||||
Enstar Group Ltd.(a) | 892 | 279,321 | ||||
Fidelis Insurance Holdings Ltd. | 55,745 | 924,252 | ||||
First American Financial Corp. | 26,594 | 1,478,094 | ||||
Genworth Financial, Inc. - Class A(a) | 31,554 | 198,475 | ||||
Goosehead Insurance, Inc. - Class A(a) | 34,180 | 2,204,610 | ||||
Greenlight Capital Re Ltd. - Class A(a) | 1,064 | 14,141 | ||||
Hagerty, Inc. - Class A(a) | 4,693 | 45,147 | ||||
Hanover Insurance Group, Inc. | 13,972 | 1,843,326 | ||||
HCI Group, Inc. | 606 | 58,103 | ||||
Heritage Insurance Holdings, Inc.(a) | 1,089 | 9,256 | ||||
Horace Mann Educators Corp. | 771 | 26,345 | ||||
Kemper Corp. | 19,724 | 1,180,284 | ||||
Kinsale Capital Group, Inc. | 465 | 178,383 | ||||
Palomar Holdings, Inc.(a) | 4,964 | 421,146 | ||||
RLI Corp. | 1,618 | 236,196 | ||||
Ryan Specialty Holdings, Inc. | 95,905 | 5,325,605 | ||||
Selective Insurance Group, Inc. | 9,260 | 903,869 | ||||
SiriusPoint Ltd.(a) | 8,968 | 117,929 | ||||
Skyward Specialty Insurance Group, Inc.(a) | 10,954 | 408,803 | ||||
Stewart Information Services Corp. | 1,588 | 100,536 | ||||
Universal Insurance Holdings, Inc. | 1,992 | 39,262 | ||||
White Mountains Insurance Group Ltd. | 150 | 271,050 | ||||
18,992,544 | ||||||
Interactive Media & Services - 2.0% | ||||||
Auto Trader Group PLC - ADR | 1,558,573 | 4,021,118 | ||||
Cargurus, Inc.(a) | 5,344 | 129,378 | ||||
MediaAlpha, Inc. - Class A(a) | 58,992 | 1,048,878 | ||||
QuinStreet, Inc.(a) | 27,735 | 488,413 | ||||
Rightmove PLC - ADR | 178,561 | 2,446,286 | ||||
8,134,073 | ||||||
IT Services - 1.1% | ||||||
ASGN, Inc.(a) | 9,115 | 855,990 | ||||
DXC Technology Co.(a) | 22,387 | 348,118 | ||||
Endava PLC - ADR(a) | 48,701 | 1,312,005 | ||||
Globant SA(a) | 902 | 145,330 | ||||
Kyndryl Holdings, Inc.(a) | 45,780 | 1,218,206 | ||||
Unisys Corp.(a) | 51,594 | 221,338 | ||||
Wix.com Ltd.(a) | 2,946 | 474,600 | ||||
4,575,587 | ||||||
Leisure Products - 0.5% | ||||||
BRP, Inc. | 1,410 | 88,100 | ||||
Brunswick Corp./DE | 6,251 | 515,895 | ||||
Clarus Corp. | 1,807 | 12,649 | ||||
Escalade, Inc. | 526 | 7,248 | ||||
Funko, Inc. - Class A(a) | 825 | 7,458 | ||||
JAKKS Pacific, Inc.(a) | 988 | 18,347 | ||||
Johnson Outdoors, Inc. - Class A | 10 | 364 | ||||
Latham Group, Inc.(a) | 1,408 | 5,435 | ||||
Malibu Boats, Inc. - Class A(a) | 1,909 | 73,420 | ||||
Marine Products Corp. | 571 | 5,847 | ||||
MasterCraft Boat Holdings, Inc.(a) | 1,064 | 22,451 | ||||
Mattel, Inc.(a) | 41,922 | 745,792 | ||||
Polaris, Inc. | 2,503 | 209,251 | ||||
Smith & Wesson Brands, Inc. | 3,990 | 66,912 | ||||
Vista Outdoor, Inc.(a) | 5,534 | 193,026 | ||||
1,972,195 | ||||||
Life Sciences Tools & Services - 0.3% | ||||||
Bio-Techne Corp. | 4,441 | 342,801 | ||||
Charles River Laboratories International, Inc.(a) | 1,842 | 383,946 | ||||
ICON PLC(a) | 660 | 214,381 | ||||
Inotiv, Inc.(a) | 1,107 | 2,070 | ||||
Standard BioTools, Inc.(a) | 48,041 | 119,142 | ||||
Stevanato Group SpA | 5,033 | 102,271 | ||||
West Pharmaceutical Services, Inc. | 463 | 153,443 | ||||
1,318,054 | ||||||
Machinery - 3.4% | ||||||
Alamo Group, Inc. | 5,110 | 970,849 | ||||
Allison Transmission Holdings, Inc. | 5,362 | 406,493 | ||||
Atmus Filtration Technologies, Inc.(a) | 5,113 | 157,685 | ||||
Chart Industries, Inc.(a) | 3,684 | 578,498 | ||||
Columbus McKinnon Corp./NY | 21,892 | 855,977 | ||||
Commercial Vehicle Group, Inc.(a) | 2,206 | 11,934 | ||||
Crane Co. | 933 | 139,092 | ||||
Enerpac Tool Group Corp. | 44,766 | 1,760,199 | ||||
Enpro, Inc. | 455 | 69,733 | ||||
Esab Corp. | 2,346 | 241,216 | ||||
ESCO Technologies, Inc. | 1,185 | 129,319 | ||||
Federal Signal Corp. | 7,714 | 709,842 | ||||
Franklin Electric Co., Inc. | 5,675 | 564,549 | ||||
Gates Industrial Corp. PLC(a) | 11,452 | 199,494 | ||||
Graco, Inc. | 2,143 | 173,047 | ||||
Graham Corp.(a) | 1,300 | 35,165 | ||||
Greenbrier Cos., Inc. | 3,656 | 201,994 | ||||
Helios Technologies, Inc. | 3,245 | 162,510 | ||||
Hillman Solutions Corp.(a) | 50,931 | 468,056 | ||||
Kadant, Inc. | 1,110 | 317,471 | ||||
Kennametal, Inc. | 7,846 | 202,034 | ||||
L B Foster Co. - Class A(a) | 1,360 | 37,305 | ||||
Lindsay Corp. | 1,034 | 118,724 | ||||
Manitowoc Co., Inc.(a) | 3,404 | 42,312 | ||||
Markforged Holding Corp.(a) | 35,444 | 14,897 | ||||
Mueller Industries, Inc. | 5,470 | 322,238 | ||||
Mueller Water Products, Inc. - Class A | 55,857 | 1,036,706 | ||||
NN, Inc.(a) | 5,887 | 19,133 | ||||
Nordson Corp. | 677 | 158,905 | ||||
Omega Flex, Inc. | 12,104 | 716,678 | ||||
Park-Ohio Holdings Corp. | 28 | 732 | ||||
RBC Bearings, Inc.(a) | 3,641 | 1,075,114 | ||||
SPX Technologies, Inc.(a) | 2,095 | 292,085 | ||||
Standex International Corp. | 1,146 | 192,769 | ||||
Stratasys Ltd.(a) | 38,016 | 329,219 | ||||
Terex Corp. | 6,949 | 414,647 | ||||
Timken Co. | 710 | 61,692 | ||||
Titan International, Inc.(a) | 6,659 | 55,070 | ||||
Toro Co. | 2,583 | 207,131 | ||||
Trinity Industries, Inc. | 8,364 | 263,048 | ||||
Wabash National Corp. | 5,123 | 115,831 | ||||
13,829,393 | ||||||
Marine Transportation - 1.1% | ||||||
Costamare, Inc. | 2,234 | 35,766 | ||||
Genco Shipping & Trading Ltd. | 4,673 | 105,236 | ||||
Kirby Corp.(a) | 21,240 | 2,637,371 | ||||
Matson, Inc. | 4,270 | 547,414 | ||||
Pangaea Logistics Solutions Ltd. | 3,380 | 27,953 | ||||
Safe Bulkers, Inc. | 8,806 | 49,930 | ||||
Star Bulk Carriers Corp. | 34,287 | 928,492 | ||||
4,332,162 | ||||||
Media - 0.6% | ||||||
AMC Networks, Inc. - Class A(a) | 4,427 | 76,764 | ||||
Cable One, Inc. | 1,298 | 500,911 | ||||
Criteo SA - ADR(a) | 31,822 | 1,241,695 | ||||
EchoStar Corp. - Class A(a) | 156 | 2,995 | ||||
Nexstar Media Group, Inc. - Class A | 1,815 | 300,728 | ||||
Scholastic Corp. | 2,093 | 75,934 | ||||
TechTarget, Inc.(a) | 1,874 | 56,632 | ||||
2,255,659 | ||||||
Metals & Mining - 2.0% | ||||||
Alpha Metallurgical Resources, Inc. | 1,279 | 403,409 | ||||
Arch Resources, Inc. | 2,377 | 413,432 | ||||
Caledonia Mining Corp. PLC | 1,700 | 17,765 | ||||
Capstone Copper Corp.(a) | 75,962 | 535,042 | ||||
Carpenter Technology Corp. | 5,993 | 664,444 | ||||
Century Aluminum Co.(a) | 7,375 | 135,184 | ||||
Cleveland-Cliffs, Inc.(a) | 38,196 | 660,027 | ||||
Coeur Mining, Inc.(a) | 15,535 | 89,326 | ||||
Commercial Metals Co. | 14,335 | 807,347 | ||||
Constellium SE(a) | 26,968 | 584,397 | ||||
ERO Copper Corp.(a) | 22,026 | 469,154 | ||||
Kaiser Aluminum Corp. | 1,490 | 145,722 | ||||
Materion Corp. | 7,760 | 887,589 | ||||
Metallus, Inc.(a) | 1,454 | 34,910 | ||||
Olympic Steel, Inc. | 1,366 | 71,223 | ||||
Radius Recycling, Inc. - Class A | 2,996 | 51,261 | ||||
Ramaco Resources, Inc.(a) | 3,507 | 49,624 | ||||
Ramaco Resources, Inc. - Class B | 676 | 7,362 | ||||
Ryerson Holding Corp. | 16,401 | 389,524 | ||||
Stelco Holdings, Inc. | 23,231 | 694,740 | ||||
SunCoke Energy, Inc. | 12,065 | 127,286 | ||||
Tredegar Corp. | 1,709 | 9,314 | ||||
Universal Stainless & Alloy Products, Inc.(a) | 929 | 30,499 | ||||
Warrior Met Coal, Inc. | 11,824 | 809,116 | ||||
8,087,697 | ||||||
Multi-Utilities - 0.2% | ||||||
Black Hills Corp. | 3,995 | 225,518 | ||||
Northwestern Energy Group, Inc. | 8,512 | 442,283 | ||||
667,801 | ||||||
Oil, Gas & Consumable Fuels - 5.1% | ||||||
Antero Resources Corp.(a) | 27,723 | 987,770 | ||||
APA Corp. | 200 | 6,106 | ||||
Ardmore Shipping Corp. | 5,082 | 113,888 | ||||
Berry Corp. | 7,330 | 51,090 | ||||
California Resources Corp. | 7,895 | 373,828 | ||||
Chord Energy Corp. | 5,645 | 1,046,639 | ||||
CNX Resources Corp.(a) | 42,535 | 1,118,670 | ||||
Comstock Resources, Inc. | 7,249 | 84,886 | ||||
CONSOL Energy, Inc. | 3,209 | 332,677 | ||||
Crescent Energy Co. - Class A | 10,209 | 128,633 | ||||
CVR Energy, Inc. | 3,756 | 104,642 | ||||
Devon Energy Corp. | 14,898 | 731,194 | ||||
DHT Holdings, Inc. | 75,266 | 910,719 | ||||
Dorian LPG Ltd. | 5,064 | 256,289 | ||||
Evolution Petroleum Corp. | 1,870 | 10,752 | ||||
Gran Tierra Energy, Inc.(a) | 3,835 | 35,665 | ||||
Granite Ridge Resources, Inc. | 7,912 | 51,824 | ||||
Green Plains, Inc.(a) | 22,170 | 380,659 | ||||
Gulfport Energy Corp.(a) | 2,039 | 329,931 | ||||
Hallador Energy Co.(a) | 2,810 | 25,206 | ||||
HighPeak Energy, Inc. | 2,712 | 42,795 | ||||
International Seaways, Inc. | 6,206 | 399,790 | ||||
Kimbell Royalty Partners LP | 7,199 | 120,799 | ||||
Kosmos Energy Ltd.(a) | 355,397 | 2,167,922 | ||||
Magnolia Oil & Gas Corp. - Class A | 19,556 | 507,478 | ||||
Matador Resources Co. | 15,786 | 1,001,622 | ||||
Murphy Oil Corp. | 18,925 | 809,801 | ||||
Nordic American Tankers Ltd. | 5,617 | 23,254 | ||||
Northern Oil & Gas, Inc. | 10,083 | 412,697 | ||||
Overseas Shipholding Group, Inc. - Class A | 8,256 | 69,763 | ||||
Par Pacific Holdings, Inc.(a) | 6,722 | 182,435 | ||||
PBF Energy, Inc. - Class A | 5,784 | 267,973 | ||||
Peabody Energy Corp. | 16,492 | 408,672 | ||||
Permian Resources Corp. | 64,405 | 1,055,598 | ||||
REX American Resources Corp.(a) | 1,892 | 94,581 | ||||
Riley Exploration Permian, Inc. | 693 | 20,236 | ||||
SandRidge Energy, Inc. | 2,779 | 38,795 | ||||
Scorpio Tankers, Inc. | 18,039 | 1,480,461 | ||||
SFL Corp. Ltd. | 13,602 | 194,645 | ||||
SilverBow Resources, Inc.(a) | 2,459 | 96,393 | ||||
Sitio Royalties Corp. - Class A | 7,215 | 169,047 | ||||
SM Energy Co. | 18,304 | 923,071 | ||||
Talos Energy, Inc.(a) | 13,092 | 157,235 | ||||
Teekay Corp.(a) | 7,521 | 73,631 | ||||
Teekay Tankers Ltd. - Class A | 3,633 | 264,591 | ||||
Texas Pacific Land Corp. | 152 | 93,375 | ||||
VAALCO Energy, Inc. | 12,937 | 82,538 | ||||
Veren, Inc. | 201,341 | 1,752,012 | ||||
Viper Energy, Inc. | 1,849 | 71,113 | ||||
Vital Energy, Inc.(a) | 3,559 | 173,857 | ||||
World Kinect Corp. | 6,592 | 173,633 | ||||
20,410,881 | ||||||
Paper & Forest Products - 0.3% | ||||||
Clearwater Paper Corp.(a) | 2,050 | 108,937 | ||||
Louisiana-Pacific Corp. | 9,219 | 845,198 | ||||
Stella-Jones, Inc. | 4,829 | 288,262 | ||||
1,242,397 | ||||||
Passenger Airlines - 0.4% | ||||||
Alaska Air Group, Inc.(a) | 11,485 | 482,600 | ||||
Allegiant Travel Co. | 1,382 | 73,522 | ||||
Frontier Group Holdings, Inc.(a) | 76,309 | 417,410 | ||||
JetBlue Airways Corp.(a) | 31,638 | 176,857 | ||||
SkyWest, Inc.(a) | 4,808 | 359,013 | ||||
Sun Country Airlines Holdings, Inc.(a) | 4,006 | 42,424 | ||||
1,551,826 | ||||||
Personal Care Products - 0.5% | ||||||
BellRing Brands, Inc.(a) | 6,260 | 364,144 | ||||
Coty, Inc. - Class A(a) | 62,660 | 649,158 | ||||
elf Beauty, Inc.(a) | 2,415 | 451,388 | ||||
Inter Parfums, Inc. | 3,130 | 374,911 | ||||
Medifast, Inc. | 873 | 22,471 | ||||
Nature's Sunshine Products, Inc.(a) | 1,484 | 22,735 | ||||
Nu Skin Enterprises, Inc. - Class A | 2,840 | 37,914 | ||||
Olaplex Holdings, Inc.(a) | 5,190 | 9,238 | ||||
1,931,959 | ||||||
Pharmaceuticals - 0.5% | ||||||
Amneal Pharmaceuticals, Inc.(a) | 39,343 | 262,811 | ||||
Amphastar Pharmaceuticals, Inc.(a) | 5,995 | 253,768 | ||||
Edgewise Therapeutics, Inc.(a) | 6,503 | 111,396 | ||||
Harmony Biosciences Holdings, Inc.(a) | 3,526 | 103,664 | ||||
Innoviva, Inc.(a) | 2,680 | 42,317 | ||||
Intra-Cellular Therapies, Inc.(a) | 6,361 | 427,714 | ||||
Longboard Pharmaceuticals, Inc.(a) | 3,860 | 72,838 | ||||
Pacira BioSciences, Inc.(a) | 9,099 | 275,973 | ||||
Phibro Animal Health Corp. - Class A | 1,493 | 26,322 | ||||
SIGA Technologies, Inc. | 5,726 | 42,831 | ||||
Supernus Pharmaceuticals, Inc.(a) | 3,785 | 102,649 | ||||
Verona Pharma PLC - ADR(a) | 8,014 | 96,729 | ||||
1,819,012 | ||||||
Professional Services - 1.8% | ||||||
Alight, Inc. - Class A(a) | 31,398 | 243,335 | ||||
Barrett Business Services, Inc. | 15 | 1,985 | ||||
CBIZ, Inc.(a) | 1,319 | 100,007 | ||||
Clarivate PLC(a) | 62,490 | 356,193 | ||||
Conduent, Inc.(a) | 124,712 | 436,492 | ||||
CRA International, Inc. | 784 | 137,960 | ||||
Exponent, Inc. | 3,167 | 301,245 | ||||
First Advantage Corp. | 24,529 | 393,936 | ||||
FTI Consulting, Inc.(a) | 2,799 | 601,225 | ||||
IBEX Holdings Ltd.(a) | 25 | 391 | ||||
ICF International, Inc. | 3,548 | 506,477 | ||||
KBR, Inc. | 28,406 | 1,865,138 | ||||
Kelly Services, Inc. - Class A | 3,199 | 69,546 | ||||
Kforce, Inc. | 20,642 | 1,275,882 | ||||
Korn Ferry | 11,006 | 725,736 | ||||
Resources Connection, Inc. | 69 | 790 | ||||
TrueBlue, Inc.(a) | 3,188 | 34,430 | ||||
7,050,768 | ||||||
Real Estate Management & Development - 0.8% | ||||||
Colliers International Group, Inc. | 4,021 | 450,995 | ||||
Cushman & Wakefield PLC(a) | 93,475 | 1,038,507 | ||||
DigitalBridge Group, Inc. | 25,005 | 341,068 | ||||
FirstService Corp. | 1,976 | 290,709 | ||||
FirstService Corp. | 3,972 | 583,145 | ||||
Forestar Group, Inc.(a) | 1,980 | 67,340 | ||||
Opendoor Technologies, Inc.(a) | 73,808 | 160,902 | ||||
RE/MAX Holdings, Inc. - Class A | 1,215 | 9,829 | ||||
Redfin Corp.(a) | 21,072 | 135,704 | ||||
RMR Group, Inc. - Class A | 36 | 847 | ||||
3,079,046 | ||||||
Semiconductors & Semiconductor Equipment - 3.5% | ||||||
CEVA, Inc.(a) | 6,886 | 137,169 | ||||
Cohu, Inc.(a) | 20,003 | 644,897 | ||||
Credo Technology Group Holding Ltd.(a) | 22,976 | 598,984 | ||||
Diodes, Inc.(a) | 4,104 | 304,230 | ||||
FormFactor, Inc.(a) | 8,432 | 461,399 | ||||
Impinj, Inc.(a) | 3,356 | 549,277 | ||||
indie Semiconductor, Inc. - Class A(a) | 25,341 | 169,024 | ||||
Lattice Semiconductor Corp.(a) | 8,251 | 612,554 | ||||
MACOM Technology Solutions Holdings, Inc.(a) | 14,390 | 1,455,405 | ||||
MKS Instruments, Inc. | 3,041 | 384,960 | ||||
NVE Corp. | 3,496 | 271,045 | ||||
Onto Innovation, Inc.(a) | 8,063 | 1,747,252 | ||||
Photronics, Inc.(a) | 7,677 | 209,966 | ||||
Power Integrations, Inc. | 3,914 | 297,503 | ||||
Rambus, Inc.(a) | 38,247 | 2,113,529 | ||||
Semtech Corp.(a) | 11,542 | 448,868 | ||||
Silicon Laboratories, Inc.(a) | 4,312 | 544,045 | ||||
Silicon Motion Technology Corp. - ADR | 3,384 | 264,257 | ||||
SMART Global Holdings, Inc.(a) | 3,579 | 73,656 | ||||
Tower Semiconductor Ltd.(a) | 21,728 | 815,669 | ||||
Ultra Clean Holdings, Inc.(a) | 13,515 | 626,826 | ||||
Veeco Instruments, Inc.(a) | 33,039 | 1,343,035 | ||||
Wolfspeed, Inc.(a) | 8,290 | 213,053 | ||||
14,286,603 | ||||||
Software - 5.0% | ||||||
ACI Worldwide, Inc.(a) | 50,099 | 1,804,065 | ||||
Adeia, Inc. | 31,776 | 375,910 | ||||
Aspen Technology, Inc.(a) | 7,378 | 1,554,176 | ||||
BlackLine, Inc.(a) | 24,293 | 1,159,262 | ||||
Box, Inc. - Class A(a) | 9,055 | 246,749 | ||||
Cognyte Software Ltd.(a) | 48,731 | 370,356 | ||||
CommVault Systems, Inc.(a) | 1,949 | 209,683 | ||||
Computer Modelling Group Ltd. | 4,764 | 45,544 | ||||
CoreCard Corp.(a) | 9 | 126 | ||||
CyberArk Software Ltd.(a) | 2,113 | 484,405 | ||||
Fair Isaac Corp.(a) | 320 | 412,777 | ||||
Five9, Inc.(a) | 7,117 | 332,791 | ||||
Guidewire Software, Inc.(a) | 6,020 | 685,798 | ||||
InterDigital, Inc. | 2,934 | 334,094 | ||||
JFrog Ltd.(a) | 10,910 | 350,975 | ||||
Klaviyo, Inc. - Class A(a) | 6,564 | 148,609 | ||||
LiveRamp Holdings, Inc.(a) | 26,377 | 825,336 | ||||
Manhattan Associates, Inc.(a) | 4,046 | 888,259 | ||||
nCino, Inc.(a) | 98,492 | 3,006,961 | ||||
Olo, Inc. - Class A(a) | 45,977 | 210,575 | ||||
OneSpan, Inc.(a) | 15,869 | 208,995 | ||||
Q2 Holdings, Inc.(a) | 11,882 | 722,663 | ||||
Qualys, Inc.(a) | 2,363 | 332,285 | ||||
Radware Ltd.(a) | 10,565 | 214,364 | ||||
SPS Commerce, Inc.(a) | 15,323 | 2,882,103 | ||||
Tenable Holdings, Inc.(a) | 12,005 | 506,491 | ||||
Teradata Corp.(a) | 7,918 | 258,206 | ||||
Tyler Technologies, Inc.(a) | 458 | 220,005 | ||||
Varonis Systems, Inc.(a) | 4,292 | 184,384 | ||||
Verint Systems, Inc.(a) | 25,009 | 741,767 | ||||
Vertex, Inc. - Class A(a) | 4,630 | 153,021 | ||||
Xperi, Inc.(a) | 25,575 | 225,316 | ||||
20,096,051 | ||||||
Specialty Retail - 2.8% | ||||||
1-800-Flowers.com, Inc. - Class A(a) | 3,064 | 29,660 | ||||
Aaron's Co., Inc. | 2,008 | 17,028 | ||||
Abercrombie & Fitch Co. - Class A(a) | 2,561 | 442,720 | ||||
Academy Sports & Outdoors, Inc. | 19,036 | 1,098,187 | ||||
Advance Auto Parts, Inc. | 4,000 | 282,560 | ||||
American Eagle Outfitters, Inc. | 19,911 | 437,445 | ||||
Arhaus, Inc. | 33,117 | 622,931 | ||||
Asbury Automotive Group, Inc.(a) | 1,470 | 345,553 | ||||
Big 5 Sporting Goods Corp. | 996 | 3,456 | ||||
Boot Barn Holdings, Inc.(a) | 5,647 | 671,598 | ||||
Buckle, Inc. | 3,225 | 124,291 | ||||
Build-A-Bear Workshop, Inc. | 1,208 | 32,701 | ||||
Caleres, Inc. | 12,338 | 427,882 | ||||
Citi Trends, Inc.(a) | 21 | 513 | ||||
Designer Brands, Inc. - Class A | 3,789 | 38,079 | ||||
Destination XL Group, Inc.(a) | 4,409 | 15,652 | ||||
Floor & Decor Holdings, Inc. - Class A(a) | 1,863 | 217,710 | ||||
Foot Locker, Inc. | 638 | 17,692 | ||||
Genesco, Inc.(a) | 964 | 27,474 | ||||
Group 1 Automotive, Inc. | 1,224 | 380,639 | ||||
Guess?, Inc. | 3,652 | 84,982 | ||||
Haverty Furniture Cos., Inc. | 1,308 | 37,160 | ||||
Hibbett, Inc. | 1,369 | 118,528 | ||||
Lands' End, Inc.(a) | 1,165 | 16,648 | ||||
LL Flooring Holdings, Inc.(a) | 2,738 | 4,655 | ||||
ODP Corp.(a) | 11,757 | 460,404 | ||||
Revolve Group, Inc.(a) | 69,985 | 1,335,314 | ||||
Shoe Carnival, Inc. | 1,627 | 61,419 | ||||
Signet Jewelers Ltd. | 12,453 | 1,363,479 | ||||
Tractor Supply Co. | 671 | 191,430 | ||||
Upbound Group, Inc. | 3,826 | 125,569 | ||||
Urban Outfitters, Inc.(a) | 6,141 | 256,141 | ||||
Valvoline, Inc.(a) | 18,907 | 767,624 | ||||
Warby Parker, Inc. - Class A(a) | 36,740 | 650,665 | ||||
Wayfair, Inc. - Class A(a) | 7,813 | 464,795 | ||||
Winmark Corp. | 412 | 146,631 | ||||
11,319,215 | ||||||
Technology Hardware, Storage & Peripherals - 0.0%(b) | ||||||
Eastman Kodak Co.(a) | 4,322 | 23,079 | ||||
Immersion Corp. | 3,205 | 32,018 | ||||
Turtle Beach Corp.(a) | 1,739 | 28,833 | ||||
83,930 | ||||||
Textiles, Apparel & Luxury Goods - 1.2% | ||||||
Carter's, Inc. | 3,101 | 212,108 | ||||
Columbia Sportswear Co. | 2,947 | 252,322 | ||||
Crocs, Inc.(a) | 2,879 | 448,088 | ||||
Dr Martens PLC | 202,574 | 226,952 | ||||
G-III Apparel Group Ltd.(a) | 5,445 | 163,677 | ||||
Gildan Activewear, Inc. | 59,344 | 2,271,095 | ||||
Levi Strauss & Co. - Class A | 10,537 | 252,993 | ||||
Movado Group, Inc. | 1,330 | 35,245 | ||||
Oxford Industries, Inc. | 1,591 | 176,108 | ||||
PVH Corp. | 1,542 | 185,055 | ||||
Rocky Brands, Inc. | 884 | 34,467 | ||||
Steven Madden Ltd. | 7,019 | 311,995 | ||||
Superior Group of Cos., Inc. | 1,445 | 29,608 | ||||
Under Armour, Inc. - Class C(a) | 36,489 | 253,963 | ||||
Unifi, Inc.(a) | 750 | 4,913 | ||||
Vera Bradley, Inc.(a) | 2,217 | 18,091 | ||||
4,876,680 | ||||||
Trading Companies & Distributors - 3.2% | ||||||
AerCap Holdings NV | 12,373 | 1,147,101 | ||||
Air Lease Corp. | 26,400 | 1,257,696 | ||||
Applied Industrial Technologies, Inc. | 4,236 | 817,548 | ||||
Beacon Roofing Supply, Inc.(a) | 12,720 | 1,234,603 | ||||
BlueLinx Holdings, Inc.(a) | 1,255 | 129,127 | ||||
Boise Cascade Co. | 1,873 | 257,144 | ||||
Core & Main, Inc. - Class A(a) | 17,380 | 1,000,393 | ||||
DNOW, Inc.(a) | 9,229 | 134,651 | ||||
FTAI Aviation Ltd. | 10,677 | 900,285 | ||||
GATX Corp. | 9,366 | 1,292,133 | ||||
Global Industrial Co. | 1,249 | 43,228 | ||||
GMS, Inc.(a) | 4,049 | 380,444 | ||||
H&E Equipment Services, Inc. | 10,310 | 488,385 | ||||
Herc Holdings, Inc. | 3,368 | 488,596 | ||||
Hudson Technologies, Inc.(a) | 104 | 926 | ||||
Karat Packaging, Inc. | 860 | 24,544 | ||||
McGrath RentCorp | 12,550 | 1,367,699 | ||||
MRC Global, Inc.(a) | 2,351 | 31,245 | ||||
Richelieu Hardware Ltd. | 2,828 | 78,760 | ||||
Rush Enterprises, Inc. - Class A | 16,591 | 748,752 | ||||
Rush Enterprises, Inc. - Class B | 19 | 803 | ||||
SiteOne Landscape Supply, Inc.(a) | 4,266 | 660,462 | ||||
Transcat, Inc.(a) | 917 | 116,826 | ||||
Watsco, Inc. | 577 | 274,017 | ||||
12,875,368 | ||||||
Water Utilities - 0.1% | ||||||
SJW Group | 4,223 | 231,040 | ||||
Wireless Telecommunication Services - 0.1% | ||||||
Telephone and Data Systems, Inc. | 13,767 | 273,826 | ||||
United States Cellular Corp.(a) | 1,872 | 103,821 | ||||
377,647 | ||||||
TOTAL COMMON STOCKS (Cost $361,264,799) | 380,117,879 | |||||
REAL ESTATE INVESTMENT TRUSTS - 2.1% | Shares | Value | ||||
AGNC Investment Corp. | 125,583 | 1,204,341 | ||||
Alexander & Baldwin, Inc. | 32,475 | 545,580 | ||||
Brixmor Property Group, Inc. | 48,178 | 1,084,487 | ||||
Equity Commonwealth(a) | 43,122 | 832,686 | ||||
Getty Realty Corp. | 26,137 | 721,643 | ||||
Highwoods Properties, Inc. | 9,625 | 249,961 | ||||
Kite Realty Group Trust | 7,897 | 173,102 | ||||
MFA Financial, Inc. | 53,125 | 568,437 | ||||
NNN REIT, Inc. | 22,430 | 936,901 | ||||
Ryman Hospitality Properties, Inc. | 4,421 | 464,514 | ||||
STAG Industrial, Inc. | 29,395 | 1,030,589 | ||||
Sunstone Hotel Investors, Inc. | 54,078 | 555,922 | ||||
Terreno Realty Corp. | 4,358 | 246,576 | ||||
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $8,891,859) | 8,614,739 | |||||
CLOSED END FUNDS - 0.0%(b) | Shares | Value | ||||
Medallion Financial Corp. | 799 | 6,639 | ||||
TOTAL CLOSED END FUNDS (Cost $7,725) | 6,639 | |||||
SHORT-TERM INVESTMENTS - 3.2% | ||||||
Money Market Funds - 3.2% | Shares | |||||
First American Government Obligations Fund - Class X, 5.24%(c) | 12,895,748 | 12,895,748 | ||||
TOTAL SHORT-TERM INVESTMENTS (Cost $12,895,748) | 12,895,748 | |||||
TOTAL INVESTMENTS - 99.8% (Cost $383,060,131) | $ | 401,635,005 | ||||
Other Assets in Excess of Liabilities - 0.2% | 791,683 | |||||
TOTAL NET ASSETS - 100.0% | $ | 402,426,688 |
Percentages are stated as a percent of net assets. | |
The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |
ADR - American Depositary Receipt |
AMBAC American Municipal Bond Assurance Corporation |
NV - Naamloze Vennootschap |
PLC - Public Limited Company |
SA - Sociedad Anónima |
(a) | Non-income producing security. |
(b) | Represents less than 0.05% of net assets. |
(c) | The rate shown represents the 7-day effective yield as of May 31, 2024. |
Column Small Cap Fund | |||||||||||||||
Schedule of Forward Currency Contracts | |||||||||||||||
as of May 31, 2024 (Unaudited) | |||||||||||||||
Settlement Date | Currency Purchased | Currency Sold | Counterparty | Unrealized Appreciation (Depreciation) | |||||||||||
06/28/2024 | CAD | 532,758 | USD | 390,000 | Bank of America Securities, Inc. | $ | 1,105 | ||||||||
06/28/2024 | USD | 1,845,245 | CAD | 2,503,882 | Bank of America Securities, Inc. | 7,115 | |||||||||
Total Unrealized Appreciation (Depreciation) | $ | 8,220 | |||||||||||||
CAD - Canadian Dollar | |||||||||||||||
USD - United States Dollar |
Notes to Schedule of Investments
May 31, 2024 (Unaudited)
Investment Valuation
Each equity security owned by a Fund, including depositary receipts, that is listed on a national securities exchange, except for portfolio securities listed on the NASDAQ Stock Market, LLC (“NASDAQ”) is valued at its last sale price or official closing price on that exchange on the close of that exchange on the date as of which assets are valued. If a security is listed on more than one exchange, the Funds will use the price on the exchange that the Funds generally consider to be the principal exchange on which the security is traded.
Portfolio securities listed on NASDAQ will be valued at the NASDAQ Official Closing Price (“NOCP”), which may not necessarily represent the last sale price. If there has been no sale on such exchange or on NASDAQ on such day, the security is valued at the most recent quoted bid at the close of the exchange on such day or the security shall be valued at the latest sales price on the “composite market” for the day such security is being valued. The composite market is defined as a consolidation of the trade information provided by national securities and foreign exchanges and over-the-counter markets as published by an approved independent pricing service (a “Pricing Service”).
Debt securities, including short-term debt instruments having a maturity of 60 days or less, are valued at prices supplied by an approved Pricing Service. Where the price of a long-term debt security is not available from a Pricing Service, the most recent quotation from one or more broker-dealers known to follow the issue will be obtained. Quotations will be valued at the bid price. When a Fund buys a when-issued, new issue or delayed delivery debt security and the security is not yet being traded or 97 Column Funds Notes to Financial Statements February 29, 2024 (Unaudited) priced by a Pricing Service, the security will be valued at cost. Thereafter, the security will be valued at its market value or its fair value if the security has not commenced trading or is not priced by a Pricing Service for longer than five days. Any discount or premium is accreted or amortized using the constant yield method until maturity.
Forward currency contracts are valued at the mean between the bid and asked prices. Redeemable securities issued by open-end, registered investment companies, including money market funds, are valued at the net asset values (“NAVs”) of such companies for purchase and/or redemption orders placed on that day. All ETFs are valued at the last reported sale price on the exchange on which the security is principally traded.
Foreign securities will be priced in their local currencies as of the close of their primary exchange or market or as of the time a Fund calculates its NAV, whichever is earlier. Foreign securities, currencies and other assets denominated in foreign currencies are then translated into U.S. dollars at the exchange rate of such currencies against the U.S. dollar, as provided by an approved pricing service or reporting agency. All assets denominated in foreign currencies will be converted into U.S. dollars using the applicable currency exchange rates as of the close of the NYSE, generally 4:00 p.m. Eastern Time. Occasionally, events which affect the values of such securities may occur between the times at which the values are determined and the close of the New York Stock Exchange and will therefore not be reflected in the computation of the Fund’s net asset value. If events materially affecting the value of such securities occur during such period, then these securities will be valued at fair value in good faith as determined by the Adviser in accordance with its fair valuation procedures. If on any business day a change in the value of the equity markets exceeds a certain threshold as determined by reference to a broad-based index, then each foreign equity security held by a Fund (other than those traded in countries outside of Canada, Mexico, Central and South America) will be valued at its fair value by using a value determined by an independent pricing agent rather than using the last closing price of such foreign security on its principal overseas market. A value determined by an independent pricing agent will also be used to fair value foreign securities held by a Fund on any day when a foreign market is closed due to a local holiday or other scheduled closure, but the New York Stock Exchange is open.
If market quotations are not readily available, a security or other asset will be valued at its fair value in accordance with Rule 2a-5 of the 1940 Act as determined under the Adviser’s fair value pricing procedures, subject to oversight by the Trust’s Board of Trustees. These fair value pricing procedures will also be used to price a security when corporate events, events in the securities market and/or world events cause the Adviser to believe that a security’s last sale price may not reflect its actual fair value. The intended effect of using fair value pricing procedures is to ensure that the Fund is accurately priced. The Adviser will regularly evaluate whether the Fund’s fair value pricing procedures continue to be appropriate in light of the specific circumstances of the Fund and the quality of prices obtained through the application of such procedures.
FASB Accounting Standards Codification, “Fair Value Measurement” Topic 820 (“ASC 820”), establishes an authoritative definition of fair value and sets out a hierarchy for measuring fair value. ASC 820 requires an entity to evaluate certain factors to determine whether there has been a significant decrease in volume and level of activity for the security such that recent transactions and quoted prices may not be determinative of fair value and further analysis and adjustment may be necessary to estimate fair value. ASC 820 also requires enhanced disclosures regarding the inputs and valuation techniques used to measure fair value in those instances as well as expanded disclosure of valuation levels for each class of investments. These inputs are summarized in the three broad levels listed below:
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments).
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The following is a summary of the inputs used to value each Fund’s investments carried at fair value as of May 31, 2024:
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments: | ||||||||||||||||
Common Stocks | 373,402,378 | 6,715,501 | – | 380,117,879 | ||||||||||||
Real Estate Investment Trusts | 8,614,739 | – | – | 8,614,739 | ||||||||||||
Closed End Funds | 6,639 | – | – | 6,639 | ||||||||||||
Money Market Funds | 12,895,748 | – | – | 12,895,748 | ||||||||||||
Total Investments | 394,919,504 | 6,715,501 | – | 401,635,005 | ||||||||||||
Other Financial Instruments*: | ||||||||||||||||
Forwards | – | 8,220 | – | 8,220 | ||||||||||||
Total Other Financial Instruments | – | 8,220 | – | 8,220 | ||||||||||||
* The fair value of the Fund's investment represents the net unrealized appreciation (depreciation) as of May 31, 2024. | ||||||||||||||||
Refer to the Schedule of Investments for additional information. |