First Trust Active Factor Small Cap ETF (AFSM)
Holdings of the Fund as of 9/12/2025

Total Number of Holdings (excluding cash): 324

Security Name Identifier CUSIP Classification Shares / Quantity Market Value Weighting Descending sort
Halozyme Therapeutics, Inc. HALO 40637H109 Health Care 6,013 $462,399.70 1.01%
REV Group, Inc. REVG 749527107 Industrials 7,113 $439,654.53 0.96%
InterDigital, Inc. IDCC 45867G101 Information Technology 1,353 $436,843.11 0.95%
Cal-Maine Foods, Inc. CALM 128030202 Consumer Staples 3,809 $421,427.76 0.92%
Comfort Systems USA, Inc. FIX 199908104 Industrials 553 $416,790.57 0.91%
Corcept Therapeutics Inc. CORT 218352102 Health Care 5,034 $366,827.58 0.80%
Perimeter Solutions, Inc. PRM 71385M107 Materials 16,491 $367,089.66 0.80%
American Healthcare REIT, Inc. AHR 398182303 Real Estate 8,313 $354,715.71 0.77%
Carpenter Technology Corporation CRS 144285103 Materials 1,428 $342,791.40 0.75%
Sanmina Corporation SANM 801056102 Information Technology 2,948 $345,004.44 0.75%
Turning Point Brands, Inc. TPB 90041L105 Consumer Staples 3,351 $342,941.34 0.75%
Life360, Inc. LIF 532206109 Information Technology 3,234 $324,176.16 0.71%
Bel Fuse Inc. (Class B) BELFB 077347300 Information Technology 2,270 $321,727.10 0.70%
Clear Secure, Inc. (Class A) YOU 18467V109 Information Technology 8,601 $321,161.34 0.70%
Catalyst Pharmaceuticals, Inc. CPRX 14888U101 Health Care 15,651 $312,550.47 0.68%
iRhythm Technologies, Inc. IRTC 450056106 Health Care 1,743 $313,426.26 0.68%
TTM Technologies, Inc. TTMI 87305R109 Information Technology 6,699 $313,312.23 0.68%
Calix, Inc. CALX 13100M509 Information Technology 4,999 $307,288.53 0.67%
Dorman Products, Inc. DORM 258278100 Consumer Discretionary 1,852 $298,783.16 0.65%
The Bancorp, Inc. TBBK 05969A105 Financials 3,916 $297,420.20 0.65%
Blue Bird Corporation BLBD 095306106 Industrials 5,072 $293,973.12 0.64%
Enact Holdings, Inc. ACT 29249E109 Financials 7,579 $294,898.89 0.64%
Hawkins, Inc. HWKN 420261109 Materials 1,696 $293,916.80 0.64%
Nu Skin Enterprises, Inc. (Class A) NUS 67018T105 Consumer Staples 24,224 $291,656.96 0.64%
Commvault Systems, Inc. CVLT 204166102 Information Technology 1,645 $289,454.20 0.63%
MGIC Investment Corporation MTG 552848103 Financials 10,092 $286,915.56 0.63%
PHINIA Inc. PHIN 71880K101 Consumer Discretionary 4,928 $286,809.60 0.63%
Interface, Inc. TILE 458665304 Industrials 9,928 $283,146.56 0.62%
Applied Industrial Technologies, Inc. AIT 03820C105 Industrials 1,064 $280,034.16 0.61%
Kiniksa Pharmaceuticals International, Plc (Class A) KNSA G52694109 Health Care 7,525 $279,177.50 0.61%
Preferred Bank PFBC 740367404 Financials 3,005 $281,673.71 0.61%
SiriusPoint Ltd. SPNT G8192H106 Financials 14,711 $280,097.44 0.61%
Brinker International, Inc. EAT 109641100 Consumer Discretionary 1,802 $276,895.32 0.60%
EMCOR Group, Inc. EME 29084Q100 Industrials 436 $274,278.88 0.60%
Sensient Technologies Corporation SXT 81725T100 Materials 2,596 $276,266.32 0.60%
Teekay Tankers Ltd. (Class A) TNK G8726X106 Energy 5,223 $272,118.30 0.59%
Tutor Perini Corporation TPC 901109108 Industrials 4,243 $271,382.28 0.59%
Axcelis Technologies, Inc. ACLS 054540208 Information Technology 3,122 $267,087.10 0.58%
Genco Shipping & Trading Limited GNK Y2685T131 Industrials 14,874 $268,029.48 0.58%
National Health Investors, Inc. NHI 63633D104 Real Estate 3,423 $267,986.67 0.58%
Sprouts Farmers Market, Inc. SFM 85208M102 Consumer Staples 1,969 $267,744.62 0.58%
Hamilton Insurance Group, Ltd. (Class B) HG G42706104 Financials 10,828 $263,012.12 0.57%
Sterling Infrastructure, Inc. STRL 859241101 Industrials 833 $261,191.36 0.57%
ADMA Biologics, Inc. ADMA 000899104 Health Care 16,000 $257,760.00 0.56%
Federated Hermes, Inc. (Class B) FHI 314211103 Financials 4,813 $258,217.45 0.56%
GeneDx Holdings Corp. WGS 81663L200 Health Care 2,063 $255,708.85 0.56%
Ames National Corporation ATLO 031001100 Financials 12,070 $247,435.00 0.54%
Bank First Corporation BFC 06211J100 Financials 1,952 $249,270.40 0.54%
City Holding Company CHCO 177835105 Financials 1,949 $245,768.90 0.54%
First Financial Corporation THFF 320218100 Financials 4,264 $248,804.40 0.54%
Macy's, Inc. M 55616P104 Consumer Discretionary 14,729 $249,656.55 0.54%
Mueller Water Products, Inc. MWA 624758108 Industrials 9,967 $249,573.68 0.54%
Progyny, Inc. PGNY 74340E103 Health Care 11,055 $248,848.05 0.54%
Red Violet, Inc. RDVT 75704L104 Information Technology 5,105 $248,154.05 0.54%
Carvana Co. (Class A) CVNA 146869102 Consumer Discretionary 675 $244,194.75 0.53%
First BanCorp. FBP 318672706 Financials 11,082 $241,144.32 0.53%
DXP Enterprises, Inc. DXPE 233377407 Industrials 2,037 $240,488.22 0.52%
EPR Properties EPR 26884U109 Real Estate 4,060 $237,388.20 0.52%
NETGEAR, Inc. NTGR 64111Q104 Information Technology 8,359 $239,485.35 0.52%
Perdoceo Education Corporation PRDO 71363P106 Consumer Discretionary 6,797 $236,739.51 0.52%
Digi International Inc. DGII 253798102 Information Technology 6,528 $233,180.16 0.51%
Mitek Systems, Inc. MITK 606710200 Information Technology 22,280 $228,147.20 0.50%
Tri Pointe Homes, Inc. TPH 87265H109 Consumer Discretionary 6,512 $229,678.24 0.50%
G-III Apparel Group, Ltd. GIII 36237H101 Consumer Discretionary 8,350 $221,776.00 0.48%
Peoples Bancorp of North Carolina, Inc. PEBK 710577107 Financials 7,044 $222,238.20 0.48%
Adtalem Global Education Inc. ATGE 00737L103 Consumer Discretionary 1,542 $211,732.02 0.46%
OneSpan Inc. OSPN 68287N100 Information Technology 13,699 $210,005.67 0.46%
The Bank of N.T. Butterfield & Son Limited NTB G0772R208 Financials 4,702 $212,812.52 0.46%
Virtus Investment Partners, Inc. VRTS 92828Q109 Financials 1,061 $210,131.05 0.46%
Fidelis Insurance Holdings Limited FIHL G3398L118 Financials 11,793 $206,731.29 0.45%
Hims & Hers Health, Inc. HIMS 433000106 Health Care 3,683 $204,406.50 0.45%
ScanSource, Inc. SCSC 806037107 Information Technology 4,663 $207,503.50 0.45%
Veracyte, Inc. VCYT 92337F107 Health Care 6,707 $207,112.16 0.45%
IES Holdings, Inc. IESC 44951W106 Industrials 531 $200,468.43 0.44%
Medpace Holdings, Inc. MEDP 58506Q109 Health Care 416 $204,106.24 0.44%
Pacira BioSciences, Inc. PCRX 695127100 Health Care 7,459 $202,288.08 0.44%
SIGA Technologies, Inc. SIGA 826917106 Health Care 22,718 $202,644.56 0.44%
Sylvamo Corporation SLVM 871332102 Materials 4,643 $201,041.90 0.44%
Alkermes Plc ALKS G01767105 Health Care 7,279 $196,314.63 0.43%
Harmonic Inc. HLIT 413160102 Information Technology 19,853 $196,743.23 0.43%
Alpha Metallurgical Resources, Inc. AMR 020764106 Materials 1,356 $193,772.40 0.42%
Matson, Inc. MATX 57686G105 Industrials 1,868 $193,039.12 0.42%
The RMR Group Inc. (Class A) RMR 74967R106 Real Estate 11,347 $193,466.35 0.42%
Boise Cascade Company BCC 09739D100 Industrials 2,170 $185,925.60 0.41%
Credo Technology Group Holding Ltd CRDO G25457105 Information Technology 1,152 $186,612.48 0.41%
CSG Systems International, Inc. CSGS 126349109 Industrials 2,934 $189,741.78 0.41%
Hudson Technologies, Inc. HDSN 444144109 Industrials 18,601 $188,986.16 0.41%
Ziff Davis, Inc. ZD 48123V102 Communication Services 5,150 $188,644.50 0.41%
Civitas Resources, Inc. CIVI 17888H103 Energy 5,560 $181,367.20 0.40%
Scorpio Tankers Inc. STNG Y7542C130 Energy 3,136 $184,051.84 0.40%
CorMedix Inc. CRMD 21900C308 Health Care 13,929 $180,241.26 0.39%
Innovative Industrial Properties, Inc. IIPR 45781V101 Real Estate 3,174 $180,822.78 0.39%
Laureate Education, Inc. (Class A) LAUR 518613203 Consumer Discretionary 6,070 $178,397.30 0.39%
Atkore Inc. ATKR 047649108 Industrials 2,882 $176,263.12 0.38%
Grand Canyon Education, Inc. LOPE 38526M106 Consumer Discretionary 838 $175,695.08 0.38%
H&R Block, Inc. HRB 093671105 Consumer Discretionary 3,401 $174,199.22 0.38%
Northeast Community Bancorp, Inc. NECB 664121100 Financials 8,307 $175,942.26 0.38%
Cushman & Wakefield Plc CWK G2717B108 Real Estate 10,105 $168,147.20 0.37%
Daktronics, Inc. DAKT 234264109 Information Technology 7,280 $170,279.20 0.37%
Dave Inc. (Class A) DAVE 23834J201 Financials 742 $170,229.64 0.37%
CRA International, Inc. CRAI 12618T105 Industrials 840 $166,462.80 0.36%
SunCoke Energy, Inc. SXC 86722A103 Materials 21,564 $166,689.72 0.36%
Acadian Asset Management Inc. AAMI 10948W103 Financials 3,337 $162,078.09 0.35%
Essent Group Ltd. ESNT G3198U102 Financials 2,534 $161,694.54 0.35%
Sabra Health Care REIT, Inc. SBRA 78573L106 Real Estate 8,491 $161,753.55 0.35%
SPX Technologies SPXC 78473E103 Industrials 873 $162,657.36 0.35%
Ardmore Shipping Corporation ASC Y0207T100 Energy 12,525 $155,435.25 0.34%
CompoSecure, Inc. (Class A) CMPO 20459V105 Information Technology 8,134 $158,124.96 0.34%
Dorian LPG Ltd. LPG Y2106R110 Energy 4,887 $154,869.03 0.34%
Huron Consulting Group Inc. HURN 447462102 Industrials 1,122 $157,865.40 0.34%
Stride, Inc. LRN 86333M108 Consumer Discretionary 978 $154,876.08 0.34%
Trustmark Corporation TRMK 898402102 Financials 3,910 $157,103.80 0.34%
ExlService Holdings, Inc. EXLS 302081104 Industrials 3,463 $150,952.17 0.33%
M/I Homes, Inc. MHO 55305B101 Consumer Discretionary 993 $153,021.30 0.33%
Otter Tail Corporation OTTR 689648103 Utilities 1,801 $149,681.11 0.33%
ESCO Technologies Inc. ESE 296315104 Industrials 712 $148,295.36 0.32%
Innoviva, Inc. INVA 45781M101 Health Care 7,489 $145,061.93 0.32%
Signet Jewelers Limited SIG G81276100 Consumer Discretionary 1,607 $146,349.49 0.32%
Super Group (SGHC) Limited SGHC G8588X103 Consumer Discretionary 11,623 $146,914.72 0.32%
Tactile Systems Technology, Inc. TCMD 87357P100 Health Care 10,789 $145,759.39 0.32%
TG Therapeutics, Inc. TGTX 88322Q108 Health Care 4,518 $145,298.88 0.32%
Ennis, Inc. EBF 293389102 Industrials 7,983 $143,534.34 0.31%
HCI Group, Inc. HCI 40416E103 Financials 787 $142,289.60 0.31%
IDT Corporation (Class B) IDT 448947507 Communication Services 2,160 $143,294.40 0.31%
PJT Partners Inc. (Class A) PJT 69343T107 Financials 776 $142,636.56 0.31%
Universal Technical Institute, Inc. UTI 913915104 Consumer Discretionary 5,156 $140,191.64 0.31%
Urban Outfitters, Inc. URBN 917047102 Consumer Discretionary 2,075 $140,498.25 0.31%
Academy Sports and Outdoors, Inc. ASO 00402L107 Consumer Discretionary 2,973 $138,155.31 0.30%
Adient Plc ADNT G0084W101 Consumer Discretionary 5,822 $139,669.78 0.30%
ANI Pharmaceuticals, Inc. ANIP 00182C103 Health Care 1,416 $138,357.36 0.30%
Astronics Corporation ATRO 046433108 Industrials 3,480 $138,817.20 0.30%
BrightSpring Health Services, Inc. BTSG 10950A106 Health Care 5,214 $137,910.30 0.30%
Cavco Industries, Inc. CVCO 149568107 Consumer Discretionary 251 $136,792.49 0.30%
Green Brick Partners, Inc. GRBK 392709101 Consumer Discretionary 1,860 $136,933.20 0.30%
Home BancShares, Inc. HOMB 436893200 Financials 4,586 $136,983.82 0.30%
International Bancshares Corporation IBOC 459044103 Financials 1,930 $136,258.00 0.30%
Mirum Pharmaceuticals, Inc. MIRM 604749101 Health Care 1,836 $136,433.16 0.30%
National HealthCare Corporation NHC 635906100 Health Care 1,182 $135,906.36 0.30%
TripAdvisor, Inc. TRIP 896945201 Communication Services 7,681 $136,184.13 0.30%
ACADIA Pharmaceuticals Inc. ACAD 004225108 Health Care 5,706 $134,718.66 0.29%
Bread Financial Holdings, Inc. BFH 018581108 Financials 2,094 $132,298.92 0.29%
Nicolet Bankshares, Inc. NIC 65406E102 Financials 979 $131,802.77 0.29%
Patria Investments Limited (Class A) PAX G69451105 Financials 9,337 $135,106.39 0.29%
The Buckle, Inc. BKE 118440106 Consumer Discretionary 2,206 $131,212.88 0.29%
United States Lime & Minerals, Inc. USLM 911922102 Materials 1,033 $130,881.10 0.29%
ACI Worldwide, Inc. ACIW 004498101 Information Technology 2,590 $129,888.50 0.28%
Cars.com Inc. CARS 14575E105 Communication Services 9,591 $129,382.59 0.28%
Highwoods Properties, Inc. HIW 431284108 Real Estate 3,931 $127,325.09 0.28%
MasterBrand, Inc. MBC 57638P104 Industrials 9,639 $129,740.94 0.28%
National Vision Holdings, Inc. EYE 63845R107 Consumer Discretionary 5,605 $128,858.95 0.28%
OFG Bancorp OFG 67103X102 Financials 2,909 $127,297.84 0.28%
Photronics, Inc. PLAB 719405102 Information Technology 5,610 $126,393.30 0.28%
Pitney Bowes Inc. PBI 724479100 Industrials 11,265 $128,533.65 0.28%
SkyWest, Inc. SKYW 830879102 Industrials 1,180 $127,038.80 0.28%
Supernus Pharmaceuticals, Inc. SUPN 868459108 Health Care 2,803 $127,424.38 0.28%
TriMas Corporation TRS 896215209 Materials 3,316 $129,324.00 0.28%
Universal Insurance Holdings, Inc. UVE 91359V107 Financials 4,989 $126,670.71 0.28%
Barrett Business Services, Inc. BBSI 068463108 Industrials 2,639 $123,610.76 0.27%
Certara, Inc. CERT 15687V109 Health Care 10,929 $123,279.12 0.27%
InMode Ltd. INMD M5425M103 Health Care 8,267 $122,599.61 0.27%
Lantheus Holdings, Inc. LNTH 516544103 Health Care 2,362 $125,044.28 0.27%
Mueller Industries, Inc. MLI 624756102 Industrials 1,269 $125,580.24 0.27%
PVH Corp. PVH 693656100 Consumer Discretionary 1,535 $124,411.75 0.27%
Tootsie Roll Industries, Inc. TR 890516107 Consumer Staples 3,082 $123,464.92 0.27%
Astrana Health Inc. ASTH 03763A207 Health Care 3,934 $117,351.22 0.26%
Esquire Financial Holdings, Inc. ESQ 29667J101 Financials 1,231 $119,443.93 0.26%
Independent Bank Corp. INDB 453836108 Financials 1,698 $121,033.44 0.26%
Metropolitan Bank Holding Corp. MCB 591774104 Financials 1,558 $120,667.10 0.26%
Park National Corporation PRK 700658107 Financials 706 $119,314.00 0.26%
S&T Bancorp, Inc. STBA 783859101 Financials 3,046 $118,946.30 0.26%
Seneca Foods Corporation SENEA 817070501 Consumer Staples 1,073 $117,439.85 0.26%
Terex Corporation TEX 880779103 Industrials 2,260 $119,169.80 0.26%
DHT Holdings, Inc. DHT Y2065G121 Energy 9,221 $113,787.14 0.25%
First Interstate BancSystem, Inc. FIBK 32055Y201 Financials 3,525 $115,197.00 0.25%
Harmony Biosciences Holdings, Inc. HRMY 413197104 Health Care 3,576 $115,826.64 0.25%
Kelly Services, Inc. KELYA 488152208 Industrials 8,261 $112,680.04 0.25%
LivaNova Plc LIVN G5509L101 Health Care 2,054 $115,475.88 0.25%
MillerKnoll Inc. MLKN 600544100 Industrials 5,714 $116,737.02 0.25%
Q2 Holdings, Inc. QTWO 74736L109 Information Technology 1,378 $113,244.04 0.25%
Sapiens International Corporation N.V. SPNS G7T16G103 Information Technology 2,687 $115,541.00 0.25%
Scholastic Corporation SCHL 807066105 Communication Services 4,175 $114,937.75 0.25%
Tarsus Pharmaceuticals, Inc. TARS 87650L103 Health Care 2,293 $113,182.48 0.25%
UFP Technologies, Inc. UFPT 902673102 Health Care 565 $112,615.80 0.25%
Vitesse Energy, Inc. VTS 92852X103 Energy 4,555 $114,239.40 0.25%
Willdan Group, Inc. WLDN 96924N100 Industrials 1,116 $112,704.84 0.25%
Cinemark Holdings, Inc. CNK 17243V102 Communication Services 3,979 $112,406.75 0.24%
ConnectOne Bancorp, Inc. CNOB 20786W107 Financials 4,452 $111,745.20 0.24%
DNOW Inc. DNOW 67011P100 Industrials 7,135 $109,022.80 0.24%
GigaCloud Technology Inc (Class A) GCT G38644103 Consumer Discretionary 3,674 $109,632.16 0.24%
Globus Medical, Inc. (Class A) GMED 379577208 Health Care 1,888 $110,901.12 0.24%
Hallador Energy Company HNRG 40609P105 Utilities 6,207 $110,174.25 0.24%
Ingles Markets, Incorporated IMKTA 457030104 Consumer Staples 1,599 $110,778.72 0.24%
NetScout Systems, Inc. NTCT 64115T104 Information Technology 4,473 $112,272.30 0.24%
Penguin Solutions Inc. PENG 706915105 Information Technology 4,199 $109,341.96 0.24%
Sezzle Inc. SEZL 78435P105 Financials 1,237 $110,426.99 0.24%
Simulations Plus, Inc. SLP 829214105 Health Care 7,370 $110,918.50 0.24%
The ODP Corporation ODP 88337F105 Consumer Discretionary 5,257 $108,977.61 0.24%
Apogee Enterprises, Inc. APOG 037598109 Industrials 2,521 $105,705.53 0.23%
Caleres, Inc. CAL 129500104 Consumer Discretionary 7,100 $105,719.00 0.23%
Chord Energy Corporation CHRD 674215207 Energy 1,004 $104,576.64 0.23%
Cimpress Plc CMPR G2143T103 Industrials 1,859 $106,148.90 0.23%
Ethan Allen Interiors Inc. ETD 297602104 Consumer Discretionary 3,665 $106,908.05 0.23%
Helen of Troy Limited HELE G4388N106 Consumer Discretionary 4,395 $106,007.40 0.23%
Hub Group, Inc. HUBG 443320106 Industrials 2,905 $104,550.95 0.23%
Radian Group Inc. RDN 750236101 Financials 2,946 $103,551.90 0.23%
Teradata Corporation TDC 88076W103 Information Technology 5,090 $107,653.50 0.23%
Universal Corporation UVV 913456109 Consumer Staples 1,934 $107,240.30 0.23%
Virtu Financial, Inc. (Class A) VIRT 928254101 Financials 2,868 $105,054.84 0.23%
Wolverine World Wide, Inc. WWW 978097103 Consumer Discretionary 3,449 $105,297.97 0.23%
Abercrombie & Fitch Co. (Class A) ANF 002896207 Consumer Discretionary 1,179 $103,138.92 0.22%
Badger Meter, Inc. BMI 056525108 Information Technology 577 $102,590.60 0.22%
LeMaitre Vascular, Inc. LMAT 525558201 Health Care 1,088 $100,411.52 0.22%
NextNav Inc. NN 65345N106 Information Technology 5,903 $101,767.72 0.22%
OceanFirst Financial Corp. OCFC 675234108 Financials 5,649 $102,359.88 0.22%
Peabody Energy Corporation BTU 704551100 Energy 5,466 $100,629.06 0.22%
Peoples Bancorp Inc. PEBO 709789101 Financials 3,279 $99,419.28 0.22%
The Andersons, Inc. ANDE 034164103 Consumer Staples 2,493 $100,293.39 0.22%
USANA Health Sciences, Inc. USNA 90328M107 Consumer Staples 3,282 $100,133.82 0.22%
Victory Capital Holdings, Inc. (Class A) VCTR 92645B103 Financials 1,498 $102,792.76 0.22%
A10 Networks, Inc. ATEN 002121101 Information Technology 5,629 $98,226.05 0.21%
Adaptive Biotechnologies Corporation ADPT 00650F109 Health Care 7,562 $95,356.82 0.21%
AMC Networks Inc. (Class A) AMCX 00164V103 Communication Services 11,482 $94,496.86 0.21%
CorVel Corporation CRVL 221006109 Health Care 1,138 $97,401.42 0.21%
Indivior Plc INDV G4766E116 Health Care 4,165 $96,669.65 0.21%
Xometry, Inc. (Class A) XMTR 98423F109 Industrials 1,915 $97,588.40 0.21%
Amalgamated Financial Corp. AMAL 022671101 Financials 3,245 $92,547.40 0.20%
American Eagle Outfitters, Inc. AEO 02553E106 Consumer Discretionary 4,905 $89,957.70 0.20%
Intapp, Inc. INTA 45827U109 Information Technology 2,004 $90,500.64 0.20%
Premier, Inc. (Class A) PINC 74051N102 Health Care 3,425 $91,105.00 0.20%
Sun Country Airlines Holdings, Inc. SNCY 866683105 Industrials 6,816 $93,038.40 0.20%
BioCryst Pharmaceuticals, Inc. BCRX 09058V103 Health Care 10,951 $86,622.41 0.19%
Cathay General Bancorp CATY 149150104 Financials 1,758 $86,370.54 0.19%
EverQuote, Inc. (Class A) EVER 30041R108 Communication Services 3,468 $85,070.04 0.19%
Hyster-Yale, Inc. HY 449172105 Industrials 2,427 $86,813.79 0.19%
Kohl's Corporation KSS 500255104 Consumer Discretionary 5,821 $89,061.30 0.19%
nLight, Inc. LASR 65487K100 Information Technology 3,056 $87,615.52 0.19%
Omnicell, Inc. OMCL 68213N109 Health Care 2,738 $87,150.54 0.19%
Pagaya Technologies Ltd. (Class A) PGY M7S64L123 Information Technology 2,206 $87,489.96 0.19%
PC Connection, Inc. CNXN 69318J100 Information Technology 1,407 $88,922.40 0.19%
Rush Street Interactive, Inc. RSI 782011100 Consumer Discretionary 4,114 $87,052.24 0.19%
US Dollar $USD Other 86,420 $86,420.36 0.19%
ACM Research, Inc. (Class A) ACMR 00108J109 Information Technology 2,828 $84,444.08 0.18%
Brady Corporation BRC 104674106 Industrials 1,017 $80,698.95 0.18%
Krystal Biotech, Inc. KRYS 501147102 Health Care 568 $81,610.24 0.18%
Rigel Pharmaceuticals, Inc. RIGL 766559702 Health Care 2,136 $81,082.56 0.18%
CommScope Holding Company, Inc. COMM 20337X109 Information Technology 4,750 $77,472.50 0.17%
Concentrix Corporation CNXC 20602D101 Industrials 1,405 $75,827.85 0.17%
Heritage Insurance Holdings, Inc. HRTG 42727J102 Financials 3,234 $79,524.06 0.17%
Medifast, Inc. MED 58470H101 Consumer Staples 5,681 $79,363.57 0.17%
Resolute Holdings Management, Inc. RHLD 76134H101 Industrials 1,120 $77,212.80 0.17%
DXC Technology Company DXC 23355L106 Information Technology 5,176 $72,567.52 0.16%
FirstCash Holdings, Inc. FCFS 33768G107 Financials 500 $73,170.00 0.16%
Power Solutions International, Inc. PSIX 73933G202 Industrials 782 $73,828.62 0.16%
PriceSmart, Inc. PSMT 741511109 Consumer Staples 627 $71,841.66 0.16%
SITE Centers Corp. SITC 82981J851 Real Estate 8,410 $74,260.30 0.16%
Angi Inc. (Class A) ANGI 00183L201 Communication Services 4,019 $68,885.66 0.15%
Avista Corporation AVA 05379B107 Utilities 1,934 $70,378.26 0.15%
Hancock Whitney Corporation HWC 410120109 Financials 1,074 $67,898.28 0.15%
Healthcare Services Group, Inc. HCSG 421906108 Industrials 4,260 $68,245.20 0.15%
Watts Water Technologies, Inc. WTS 942749102 Industrials 242 $68,108.48 0.15%
Alarm.com Holdings, Inc. ALRM 011642105 Information Technology 1,116 $62,138.88 0.14%
AMN Healthcare Services, Inc. AMN 001744101 Health Care 3,324 $60,663.00 0.13%
ThredUp Inc. (Class A) TDUP 88556E102 Consumer Discretionary 5,738 $59,703.90 0.13%
Sally Beauty Holdings, Inc. SBH 79546E104 Consumer Discretionary 3,760 $56,400.00 0.12%
Taylor Morrison Home Corporation TMHC 87724P106 Consumer Discretionary 803 $55,928.95 0.12%
Yext, Inc. YEXT 98585N106 Information Technology 6,576 $56,882.40 0.12%
MAXIMUS, Inc. MMS 577933104 Industrials 580 $51,933.20 0.11%
Central Pacific Financial Corp. CPF 154760409 Financials 1,479 $45,301.77 0.10%
Groupon, Inc. GRPN 399473206 Consumer Discretionary 2,043 $46,641.69 0.10%
Limbach Holdings, Inc. LMB 53263P105 Industrials 428 $45,338.04 0.10%
Deluxe Corporation DLX 248019101 Industrials 2,206 $43,281.72 0.09%
ePlus inc. PLUS 294268107 Information Technology 551 $40,685.84 0.09%
LiveRamp Holdings, Inc. RAMP 53815P108 Information Technology 1,617 $42,688.80 0.09%
Murphy Oil Corporation MUR 626717102 Energy 1,549 $39,979.69 0.09%
NMI Holdings, Inc. (Class A) NMIH 629209305 Financials 1,082 $42,933.76 0.09%
Phreesia Inc. PHR 71944F106 Health Care 1,739 $42,066.41 0.09%
Kennametal Inc. KMT 489170100 Industrials 1,682 $34,918.32 0.08%
Kontoor Brands, Inc. KTB 50050N103 Consumer Discretionary 464 $37,551.52 0.08%
The Western Union Company WU 959802109 Financials 4,229 $35,523.60 0.08%
Acuity, Inc. AYI 00508Y102 Industrials 94 $31,589.64 0.07%
ASGN Incorporated ASGN 00191U102 Information Technology 611 $31,466.50 0.07%
Graham Holdings Company GHC 384637104 Consumer Discretionary 26 $30,541.68 0.07%
Janus International Group, Inc. JBI 47103N106 Industrials 2,906 $30,048.04 0.07%
ManpowerGroup Inc. MAN 56418H100 Industrials 823 $31,594.97 0.07%
Owens & Minor, Inc. OMI 690732102 Health Care 6,336 $33,834.24 0.07%
Zurn Elkay Water Solutions Corp. ZWS 98983L108 Industrials 671 $31,322.28 0.07%
Artisan Partners Asset Management Inc. (Class A) APAM 04316A108 Financials 576 $26,691.84 0.06%
Aurinia Pharmaceuticals Inc. AUPH 05156V102 Health Care 2,024 $25,785.76 0.06%
Carter's, Inc. CRI 146229109 Consumer Discretionary 1,006 $29,777.60 0.06%
Frontdoor, Inc. FTDR 35905A109 Consumer Discretionary 420 $27,846.00 0.06%
Harrow, Inc. HROW 415858109 Health Care 710 $27,988.20 0.06%
International Seaways, Inc. INSW Y41053102 Energy 584 $27,512.24 0.06%
Main Street Capital Corporation MAIN 56035L104 Financials 399 $26,725.02 0.06%
Option Care Health, Inc. OPCH 68404L201 Health Care 936 $26,657.28 0.06%
Adeia Inc. ADEA 00676P107 Information Technology 1,440 $22,536.00 0.05%
Alamo Group Inc. ALG 011311107 Industrials 105 $21,592.20 0.05%
Apple Hospitality REIT, Inc. APLE 03784Y200 Real Estate 1,686 $21,193.02 0.05%
Axogen, Inc. AXGN 05463X106 Health Care 1,519 $24,926.79 0.05%
CarGurus, Inc. CARG 141788109 Communication Services 674 $24,284.22 0.05%
First Hawaiian, Inc. FHB 32051X108 Financials 943 $24,112.51 0.05%
Fresh Del Monte Produce Inc. FDP G36738105 Consumer Staples 620 $22,078.20 0.05%
Griffon Corporation GFF 398433102 Industrials 320 $24,800.00 0.05%
Heidrick & Struggles International, Inc. HSII 422819102 Industrials 485 $24,191.80 0.05%
Heritage Financial Corporation HFWA 42722X106 Financials 996 $24,421.92 0.05%
Magnolia Oil & Gas Corporation (Class A) MGY 559663109 Energy 991 $23,585.80 0.05%
MDU Resources Group, Inc. MDU 552690109 Utilities 1,490 $24,197.60 0.05%
Movado Group, Inc. MOV 624580106 Consumer Discretionary 1,065 $21,087.00 0.05%
Park Hotels & Resorts Inc. PK 700517105 Real Estate 1,883 $22,501.85 0.05%
Weis Markets, Inc. WMK 948849104 Consumer Staples 310 $21,966.60 0.05%
Addus HomeCare Corporation ADUS 006739106 Health Care 179 $19,738.33 0.04%
Avnet, Inc. AVT 053807103 Information Technology 385 $20,578.25 0.04%
Garrett Motion Inc. GTX 366505105 Consumer Discretionary 1,337 $17,501.33 0.04%
Glaukos Corporation GKOS 377322102 Health Care 230 $19,034.80 0.04%
HNI Corporation HNI 404251100 Industrials 415 $18,774.60 0.04%
Interparfums, Inc. IPAR 458334109 Consumer Staples 160 $17,073.60 0.04%
SI-BONE, Inc. SIBN 825704109 Health Care 1,158 $18,180.60 0.04%
The Hackett Group, Inc. HCKT 404609109 Information Technology 795 $16,623.45 0.04%
Upbound Group Inc. UPBD 76009N100 Consumer Discretionary 651 $16,288.02 0.04%
Yelp Inc. YELP 985817105 Communication Services 571 $17,661.03 0.04%
Avanos Medical, Inc. AVNS 05350V106 Health Care 1,166 $14,248.52 0.03%
Par Pacific Holdings, Inc. PARR 69888T207 Energy 230 $7,548.60 0.02%
Standard Motor Products, Inc. SMP 853666105 Consumer Discretionary 172 $6,955.68 0.02%
BancFirst Corporation BANF 05945F103 Financials 37 $4,940.98 0.01%
OmniAb Inc. 12.50 Earnout 2200963D 68218J202 Health Care 53 $0.00 0.00%
OmniAb Inc. 15.00 Earnout 2200964D 68218J301 Health Care 53 $0.00 0.00%
Holdings are subject to change.

The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.