First Trust Active Factor Small Cap ETF (AFSM)
Holdings of the Fund as of 7/29/2026

Total Number of Holdings (excluding cash): 334

Security Name Identifier CUSIP Classification Shares / Quantity Market Value Weighting Descending sort
Par Pacific Holdings, Inc. PARR 69888T207 Energy 16,626 $1,381,121.82 1.16%
National HealthCare Corporation NHC 635906100 Health Care 5,427 $1,240,937.82 1.05%
Blue Bird Corporation BLBD 095306106 Industrials 14,776 $1,068,600.32 0.90%
Liquidia Technologies, Inc. LQDA 53635D202 Health Care 11,411 $990,703.02 0.84%
Eton Pharmaceuticals, Inc. ETON 29772L108 Health Care 20,423 $982,958.99 0.83%
Ames National Corporation ATLO 031001100 Financials 31,493 $963,055.94 0.81%
Matson, Inc. MATX 57686G105 Industrials 4,656 $939,767.04 0.79%
Kiniksa Pharmaceuticals International, Plc (Class A) KNSA G52694109 Health Care 10,674 $863,740.08 0.73%
TrustCo Bank Corp NY TRST 898349204 Financials 15,530 $869,524.70 0.73%
Rigel Pharmaceuticals, Inc. RIGL 766559702 Health Care 19,915 $778,079.05 0.66%
Apple Hospitality REIT, Inc. APLE 03784Y200 Real Estate 45,795 $769,813.95 0.65%
Mercury General Corporation MCY 589400100 Financials 6,967 $755,013.79 0.64%
Sphere Entertainment Co. SPHR 55826T102 Communication Services 5,387 $755,095.79 0.64%
Teekay Tankers Ltd. (Class A) TNK G8726X106 Energy 9,781 $764,678.58 0.64%
1st Source Corporation SRCE 336901103 Financials 8,243 $744,342.90 0.63%
Cathay General Bancorp CATY 149150104 Financials 11,802 $746,358.48 0.63%
Interface, Inc. TILE 458665304 Industrials 22,224 $744,948.48 0.63%
Krystal Biotech, Inc. KRYS 501147102 Health Care 2,048 $743,997.44 0.63%
Carpenter Technology Corporation CRS 144285103 Industrials 1,377 $730,663.74 0.62%
Scorpio Tankers Inc. STNG Y7542C130 Energy 9,223 $724,282.19 0.61%
Penguin Solutions Inc. PENG 706915105 Information Technology 16,188 $707,415.60 0.60%
Abercrombie & Fitch Co. (Class A) ANF 002896207 Consumer Discretionary 6,881 $705,233.69 0.59%
Heritage Insurance Holdings, Inc. HRTG 42727J102 Financials 23,412 $698,614.08 0.59%
Lincoln Educational Services Corporation LINC 533535100 Consumer Discretionary 16,193 $703,423.92 0.59%
nLight, Inc. LASR 65487K100 Information Technology 11,760 $694,663.20 0.59%
ScanSource, Inc. SCSC 806037107 Information Technology 12,166 $698,085.08 0.59%
Garrett Motion Inc. GTX 366505105 Consumer Discretionary 23,453 $674,977.34 0.57%
Seneca Foods Corporation SENEA 817070501 Consumer Staples 3,953 $672,484.36 0.57%
Kulicke and Soffa Industries, Inc. KLIC 501242101 Information Technology 7,976 $660,891.36 0.56%
Movado Group, Inc. MOV 624580106 Consumer Discretionary 17,246 $651,381.42 0.55%
Signet Jewelers Limited SIG G81276100 Consumer Discretionary 6,614 $653,860.04 0.55%
Bel Fuse Inc. (Class B) BELFB 077347300 Information Technology 2,639 $639,772.77 0.54%
Cars.com Inc. CARS 14575E105 Communication Services 49,457 $638,489.87 0.54%
Kforce Inc. KFRC 493732101 Industrials 10,905 $644,049.30 0.54%
Kohl's Corporation KSS 500255104 Consumer Discretionary 32,688 $623,033.28 0.53%
OneSpan Inc. OSPN 68287N100 Information Technology 39,935 $628,576.90 0.53%
SiriusPoint Ltd. SPNT G8192H106 Financials 24,366 $628,886.46 0.53%
BrightSpring Health Services, Inc. BTSG 10950A106 Health Care 8,809 $611,080.33 0.52%
First Financial Corporation THFF 320218100 Financials 7,795 $621,417.40 0.52%
Innovative Industrial Properties, Inc. IIPR 45781V101 Real Estate 10,039 $614,487.19 0.52%
Mitek Systems, Inc. MITK 606710200 Information Technology 36,696 $613,924.08 0.52%
Northeast Community Bancorp, Inc. NECB 664121100 Financials 22,673 $613,304.65 0.52%
Universal Insurance Holdings, Inc. UVE 91359V107 Financials 13,671 $615,468.42 0.52%
Brookdale Senior Living Inc. BKD 112463104 Health Care 40,658 $604,177.88 0.51%
EnerSys ENS 29275Y102 Industrials 3,441 $607,130.04 0.51%
EPAM Systems, Inc. EPAM 29414B104 Information Technology 5,677 $606,814.53 0.51%
H&R Block, Inc. HRB 093671105 Consumer Discretionary 12,826 $605,130.68 0.51%
Indivior Pharmaceuticals, Inc. INDV 45579U109 Health Care 15,025 $602,502.50 0.51%
TG Therapeutics, Inc. TGTX 88322Q108 Health Care 11,383 $608,762.84 0.51%
Chord Energy Corporation CHRD 674215207 Energy 4,385 $598,420.95 0.50%
Harmony Biosciences Holdings, Inc. HRMY 413197104 Health Care 16,581 $594,594.66 0.50%
NetScout Systems, Inc. NTCT 64115T104 Information Technology 15,333 $596,913.69 0.50%
Lantheus Holdings, Inc. LNTH 516544103 Health Care 5,865 $586,500.00 0.49%
Ziff Davis, Inc. ZD 48123V102 Communication Services 10,713 $581,394.51 0.49%
Amalgamated Financial Corp. AMAL 022671101 Financials 11,467 $564,749.75 0.48%
Comfort Systems USA, Inc. FIX 199908104 Industrials 373 $566,945.08 0.48%
Viavi Solutions Inc. VIAV 925550105 Information Technology 17,561 $565,991.03 0.48%
Guardant Health, Inc. GH 40131M109 Health Care 3,907 $562,881.49 0.47%
Hamilton Insurance Group, Ltd. (Class B) HG G42706104 Financials 15,193 $555,911.87 0.47%
InMode Ltd. INMD M5425M103 Health Care 36,755 $556,838.25 0.47%
Herbalife Ltd. HLF G4412G101 Consumer Staples 43,613 $545,598.63 0.46%
Kennametal Inc. KMT 489170100 Industrials 16,255 $545,355.25 0.46%
Axcelis Technologies, Inc. ACLS 054540208 Information Technology 4,800 $537,840.00 0.45%
Bread Financial Holdings, Inc. BFH 018581108 Financials 4,960 $530,670.40 0.45%
CBIZ, Inc. CBZ 124805102 Industrials 9,642 $529,345.80 0.45%
Innoviva, Inc. INVA 45781M101 Health Care 24,857 $537,905.48 0.45%
EPR Properties EPR 26884U109 Real Estate 8,073 $516,106.89 0.44%
PagSeguro Digital Ltd. (Class A) PAGS G68707101 Financials 54,866 $523,421.64 0.44%
Constellium SE (Class A) CSTM F21107101 Materials 18,513 $511,514.19 0.43%
Halozyme Therapeutics, Inc. HALO 40637H109 Health Care 6,073 $505,759.44 0.43%
Macy's, Inc. M 55616P104 Consumer Discretionary 20,556 $508,966.56 0.43%
Madison Square Garden Entertainment Corp. (Class A) MSGE 558256103 Communication Services 6,584 $500,318.16 0.42%
Myers Industries, Inc. MYE 628464109 Materials 15,053 $495,093.17 0.42%
Powell Industries, Inc. POWL 739128106 Industrials 2,644 $492,815.16 0.42%
Protagonist Therapeutics, Inc. PTGX 74366E102 Health Care 3,773 $501,809.00 0.42%
A10 Networks, Inc. ATEN 002121101 Information Technology 16,990 $488,972.20 0.41%
Everforth Incorporated EFOR 00191U102 Information Technology 20,687 $484,282.67 0.41%
MGIC Investment Corporation MTG 552848103 Financials 15,937 $487,353.46 0.41%
Anterix Inc. ATEX 03676C100 Communication Services 5,368 $473,457.60 0.40%
Harmonic Inc. HLIT 413160102 Information Technology 44,836 $475,261.60 0.40%
American Public Education, Inc. APEI 02913V103 Consumer Discretionary 9,002 $461,082.44 0.39%
EMCOR Group, Inc. EME 29084Q100 Industrials 682 $458,631.36 0.39%
Photronics, Inc. PLAB 719405102 Information Technology 16,634 $464,753.96 0.39%
Scholastic Corporation SCHL 807066105 Communication Services 11,246 $461,423.38 0.39%
SSR Mining Inc. SSRM 784730103 Materials 18,591 $464,960.91 0.39%
TTM Technologies, Inc. TTMI 87305R109 Information Technology 4,595 $467,633.15 0.39%
Yelp Inc. YELP 985817105 Communication Services 16,549 $462,048.08 0.39%
Climb Bio, Inc. CLYM 28658R106 Health Care 37,542 $454,633.62 0.38%
Credo Technology Group Holding Ltd CRDO G25457105 Information Technology 2,539 $450,545.55 0.38%
OUTFRONT Media Inc. OUT 69007J304 Real Estate 13,660 $445,862.40 0.38%
Addus HomeCare Corporation ADUS 006739106 Health Care 3,637 $433,275.81 0.37%
Brinker International, Inc. EAT 109641100 Consumer Discretionary 2,109 $433,884.57 0.37%
Dorian LPG Ltd. LPG Y2106R110 Energy 9,672 $442,010.40 0.37%
Hecla Mining Company HL 422704106 Materials 31,225 $441,833.75 0.37%
IES Holdings, Inc. IESC 44951W106 Industrials 880 $436,673.60 0.37%
Oruka Therapeutics, Inc. ORKA 687604108 Health Care 4,992 $439,645.44 0.37%
PC Connection, Inc. CNXN 69318J100 Information Technology 5,222 $433,269.34 0.37%
Phreesia Inc. PHR 71944F106 Health Care 39,280 $437,579.20 0.37%
TaskUs, Inc. (Class A) TASK 87652V109 Industrials 66,926 $434,349.74 0.37%
Teradata Corporation TDC 88076W103 Information Technology 14,212 $435,313.56 0.37%
Vistance Networks Inc. VISN 20337X109 Information Technology 37,920 $437,976.00 0.37%
Cal-Maine Foods, Inc. CALM 128030202 Consumer Staples 4,549 $425,331.50 0.36%
Carter Bankshares, Inc. CARE 146103106 Financials 12,466 $430,201.66 0.36%
CBL & Associates Properties, Inc. CBL 124830878 Real Estate 7,277 $431,671.64 0.36%
GigaCloud Technology Inc (Class A) GCT G38644103 Consumer Discretionary 10,311 $428,834.49 0.36%
NMI Holdings, Inc. (Class A) NMIH 629209305 Financials 9,600 $425,664.00 0.36%
Pediatrix Medical Group Inc MD 58502B106 Health Care 16,058 $429,230.34 0.36%
AnaptysBio, Inc. ANAB 032724106 Health Care 7,954 $414,721.56 0.35%
Radian Group Inc. RDN 750236101 Financials 10,541 $418,583.11 0.35%
Tactile Systems Technology, Inc. TCMD 87357P100 Health Care 15,011 $411,301.40 0.35%
CONMED Corporation CNMD 207410101 Health Care 9,325 $402,933.25 0.34%
Dave Inc. (Class A) DAVE 23834J201 Financials 1,079 $408,930.21 0.34%
Deluxe Corporation DLX 248019101 Industrials 14,727 $400,574.40 0.34%
Encore Capital Group, Inc. ECPG 292554102 Financials 4,321 $405,439.43 0.34%
Insight Enterprises, Inc. NSIT 45765U103 Information Technology 3,142 $400,353.64 0.34%
Perdoceo Education Corporation PRDO 71363P106 Consumer Discretionary 11,801 $407,724.55 0.34%
Sally Beauty Holdings, Inc. SBH 79546E104 Consumer Discretionary 26,510 $408,254.00 0.34%
SPS Commerce, Inc. SPSC 78463M107 Information Technology 5,742 $398,494.80 0.34%
Talos Energy Inc. TALO 87484T108 Energy 28,688 $408,804.00 0.34%
The Bank of N.T. Butterfield & Son Limited NTB G0772R208 Financials 6,659 $405,799.46 0.34%
Astronics Corporation ATRO 046433108 Industrials 6,056 $394,487.84 0.33%
Forum Energy Technologies, Inc. FET 34984V209 Energy 7,622 $389,560.42 0.33%
Perimeter Solutions, Inc. PRM 71385M107 Materials 11,376 $394,405.92 0.33%
PriceSmart, Inc. PSMT 741511109 Consumer Staples 2,021 $389,173.88 0.33%
PVH Corp. PVH 693656100 Consumer Discretionary 4,456 $393,643.04 0.33%
SELLAS Life Sciences Group, Inc. SLS 81642T209 Health Care 38,206 $385,880.60 0.33%
Stride, Inc. LRN 86333M108 Consumer Discretionary 3,952 $386,149.92 0.33%
ABM Industries Incorporated ABM 000957100 Industrials 7,751 $382,589.36 0.32%
Acadian Asset Management Inc. AAMI 10948W103 Financials 4,699 $379,820.17 0.32%
CareTrust REIT, Inc. CTRE 14174T107 Real Estate 8,833 $373,989.22 0.32%
Hawaiian Electric Industries, Inc. HE 419870100 Utilities 29,349 $383,884.92 0.32%
Nu Skin Enterprises, Inc. (Class A) NUS 67018T105 Consumer Staples 72,828 $385,260.12 0.32%
Rush Enterprises, Inc. (Class A) RUSHA 781846209 Industrials 4,715 $384,838.30 0.32%
United Fire Group, Inc. UFCS 910340108 Financials 7,306 $383,126.64 0.32%
Clear Secure, Inc. (Class A) YOU 18467V109 Information Technology 6,241 $364,411.99 0.31%
CorMedix Inc. CRMD 21900C308 Health Care 50,964 $366,431.16 0.31%
Five9, Inc. FIVN 338307101 Information Technology 13,389 $363,712.20 0.31%
Fortune Brands Innovations Inc. FBIN 34964C106 Industrials 7,552 $370,954.24 0.31%
MAXIMUS, Inc. MMS 577933104 Industrials 5,740 $362,595.80 0.31%
Pelagos Insurance Capital Limited PLGO G3398L118 Financials 14,392 $366,708.16 0.31%
The Gorman-Rupp Company GRC 383082104 Industrials 4,630 $363,316.10 0.31%
Travere Therapeutics, Inc. TVTX 89422G107 Health Care 6,660 $370,029.60 0.31%
Victoria's Secret & Co. VSXY 926400102 Consumer Discretionary 4,186 $373,098.18 0.31%
Boise Cascade Company BCC 09739D100 Industrials 4,572 $355,152.96 0.30%
Crocs, Inc. CROX 227046109 Consumer Discretionary 2,635 $351,825.20 0.30%
Heritage Financial Corporation HFWA 42722X106 Financials 11,836 $353,186.24 0.30%
Huron Consulting Group Inc. HURN 447462102 Industrials 2,117 $360,673.29 0.30%
Laureate Education, Inc. (Class A) LAUR 518613203 Consumer Discretionary 9,179 $352,565.39 0.30%
Pagaya Technologies Ltd. (Class A) PGY M7S64L123 Information Technology 22,121 $358,138.99 0.30%
Axogen, Inc. AXGN 05463X106 Health Care 8,209 $339,606.33 0.29%
Caledonia Mining Corporation Plc CMCL G1757E113 Materials 18,998 $345,763.60 0.29%
Dana Incorporated DAN 235825205 Consumer Discretionary 12,864 $344,883.84 0.29%
Essent Group Ltd. ESNT G3198U102 Financials 5,003 $340,804.36 0.29%
USANA Health Sciences, Inc. USNA 90328M107 Consumer Staples 15,275 $346,284.25 0.29%
Aurinia Pharmaceuticals Inc. AUPH 05156V102 Health Care 21,603 $327,933.54 0.28%
Bloom Energy Corporation (Class A) BE 093712107 Industrials 2,056 $336,670.00 0.28%
First Financial Bancorp. FFBC 320209109 Financials 9,693 $327,817.26 0.28%
Kyndryl Holdings, Inc. KD 50155Q100 Information Technology 24,105 $337,711.05 0.28%
Postal Realty Trust, Inc. (Class A) PSTL 73757R102 Real Estate 14,173 $330,514.36 0.28%
Sabra Health Care REIT, Inc. SBRA 78573L106 Real Estate 15,188 $334,895.40 0.28%
WSFS Financial Corporation WSFS 929328102 Financials 4,168 $336,107.52 0.28%
Apogee Enterprises, Inc. APOG 037598109 Industrials 8,073 $322,112.70 0.27%
DHT Holdings, Inc. DHT Y2065G121 Energy 17,394 $322,658.70 0.27%
EZCORP, Inc. EZPW 302301106 Financials 11,032 $320,589.92 0.27%
First BanCorp. FBP 318672706 Financials 10,932 $316,044.12 0.27%
Forestar Group Inc. FOR 346232101 Real Estate 11,164 $323,421.08 0.27%
HCI Group, Inc. HCI 40416E103 Financials 1,739 $318,932.60 0.27%
Lionsgate Studios Corp. LION 53626N102 Communication Services 24,763 $323,404.78 0.27%
Mirum Pharmaceuticals, Inc. MIRM 604749101 Health Care 2,953 $317,654.21 0.27%
PHINIA Inc. PHIN 71880K101 Consumer Discretionary 3,969 $325,973.97 0.27%
Progress Software Corporation PRGS 743312100 Information Technology 7,519 $321,136.49 0.27%
Smith & Wesson Brands Inc. SWBI 831754106 Consumer Discretionary 22,423 $325,133.50 0.27%
TriNet Group, Inc. TNET 896288107 Industrials 4,574 $321,232.02 0.27%
Vontier Corporation VNT 928881101 Information Technology 9,822 $316,759.50 0.27%
AMC Global Media Inc. (Class A) AMCX 00164V103 Communication Services 30,657 $314,234.25 0.26%
Bank First Corporation BFC 06211J100 Financials 2,002 $303,863.56 0.26%
Financial Institutions, Inc. FISI 317585404 Financials 7,496 $309,210.00 0.26%
Heartland Express, Inc. HTLD 422347104 Industrials 23,281 $302,420.19 0.26%
OFG Bancorp OFG 67103X102 Financials 5,950 $311,423.00 0.26%
Omnicell, Inc. OMCL 68213N109 Health Care 7,440 $308,016.00 0.26%
Park Aerospace Corp. PKE 70014A104 Industrials 9,378 $310,318.02 0.26%
Trustmark Corporation TRMK 898402102 Financials 6,673 $313,163.89 0.26%
Willdan Group, Inc. WLDN 96924N100 Industrials 4,617 $312,617.07 0.26%
ANI Pharmaceuticals, Inc. ANIP 00182C103 Health Care 3,693 $302,013.54 0.25%
Arcutis Biotherapeutics, Inc. ARQT 03969K108 Health Care 10,430 $290,579.80 0.25%
Enact Holdings, Inc. ACT 29249E109 Financials 6,172 $298,354.48 0.25%
EverQuote, Inc. (Class A) EVER 30041R108 Communication Services 11,135 $298,752.05 0.25%
G-III Apparel Group, Ltd. GIII 36237H101 Consumer Discretionary 8,158 $298,093.32 0.25%
Kaiser Aluminum Corporation KALU 483007704 Materials 1,966 $297,731.04 0.25%
Kodiak Gas Services, Inc. KGS 50012A108 Energy 5,471 $300,905.00 0.25%
MaxLinear, Inc. MXL 57776J100 Information Technology 5,093 $291,574.25 0.25%
Mueller Industries, Inc. MLI 624756102 Industrials 4,593 $300,382.20 0.25%
Vicor Corporation VICR 925815102 Industrials 1,632 $298,272.50 0.25%
Alkermes Plc ALKS G01767105 Health Care 5,857 $283,127.38 0.24%
Metropolitan Bank Holding Corp. MCB 591774104 Financials 3,069 $284,128.02 0.24%
National Energy Services Reunited Corp. NESR G6375R107 Energy 11,843 $289,087.63 0.24%
Patterson-UTI Energy, Inc. PTEN 703481101 Energy 31,053 $289,724.49 0.24%
PJT Partners Inc. (Class A) PJT 69343T107 Financials 1,728 $285,258.24 0.24%
S&T Bancorp, Inc. STBA 783859101 Financials 5,301 $280,687.95 0.24%
Sensient Technologies Corporation SXT 81725T100 Materials 2,323 $284,799.80 0.24%
WaFd Inc. WAFD 938824109 Financials 7,678 $281,321.92 0.24%
Adaptive Biotechnologies Corporation ADPT 00650F109 Health Care 12,042 $271,667.52 0.23%
Applied Industrial Technologies, Inc. AIT 03820C105 Industrials 799 $267,153.64 0.23%
Guardian Pharmacy Services, Inc. (Class A) GRDN 40145W101 Health Care 6,675 $273,608.25 0.23%
Itron, Inc. ITRI 465741106 Information Technology 2,686 $274,858.38 0.23%
Nabors Industries Ltd. NBR G6359F137 Energy 3,416 $270,752.16 0.23%
National Health Investors, Inc. NHI 63633D104 Real Estate 3,496 $273,701.84 0.23%
Tutor Perini Corporation TPC 901109108 Industrials 3,614 $277,121.52 0.23%
Atkore Inc. ATKR 047649108 Industrials 3,713 $265,219.59 0.22%
Ennis, Inc. EBF 293389102 Industrials 11,887 $260,444.17 0.22%
FormFactor, Inc. FORM 346375108 Information Technology 3,060 $255,357.00 0.22%
Iradimed Corporation IRMD 46266A109 Health Care 2,779 $261,948.54 0.22%
Mueller Water Products, Inc. MWA 624758108 Industrials 10,566 $265,946.22 0.22%
PTC Therapeutics, Inc. PTCT 69366J200 Health Care 3,474 $258,778.26 0.22%
Sterling Infrastructure, Inc. STRL 859241101 Industrials 535 $264,418.40 0.22%
Tarsus Pharmaceuticals, Inc. TARS 87650L103 Health Care 4,527 $264,920.04 0.22%
Teekay Corporation Ltd. TK G8726T105 Energy 22,933 $262,582.85 0.22%
Veracyte, Inc. VCYT 92337F107 Health Care 4,597 $256,098.87 0.22%
Academy Sports and Outdoors, Inc. ASO 00402L107 Consumer Discretionary 5,166 $253,495.62 0.21%
Costamare Inc. CMRE Y1771G102 Industrials 16,607 $254,751.38 0.21%
Daktronics, Inc. DAKT 234264109 Information Technology 12,467 $244,228.53 0.21%
Euronet Worldwide, Inc. EEFT 298736109 Financials 3,013 $252,097.71 0.21%
HNI Corporation HNI 404251100 Industrials 5,709 $244,231.02 0.21%
International Seaways, Inc. INSW Y41053102 Energy 2,686 $253,961.30 0.21%
Kelly Services, Inc. KELYA 488152208 Industrials 15,894 $251,284.14 0.21%
Pitney Bowes Inc. PBI 724479100 Industrials 14,267 $251,955.22 0.21%
Ultra Clean Holdings, Inc. UCTT 90385V107 Information Technology 3,501 $243,564.57 0.21%
US Dollar $USD Other 251,464 $251,463.93 0.21%
Virtus Investment Partners, Inc. VRTS 92828Q109 Financials 1,496 $251,013.84 0.21%
City Holding Company CHCO 177835105 Financials 1,635 $237,418.35 0.20%
Digi International Inc. DGII 253798102 Information Technology 3,564 $233,548.92 0.20%
iRhythm Holdings, Inc. IRTC 450056106 Health Care 1,916 $234,595.04 0.20%
Progyny, Inc. PGNY 74340E103 Health Care 7,406 $232,326.22 0.20%
Yext, Inc. YEXT 98585N106 Information Technology 42,383 $242,430.76 0.20%
Commvault Systems, Inc. CVLT 204166102 Information Technology 1,916 $230,513.96 0.19%
Vishay Precision Group, Inc. VPG 92835K103 Information Technology 2,803 $227,771.78 0.19%
Ardmore Shipping Corporation ASC Y0207T100 Energy 12,456 $208,638.00 0.18%
Cushman & Wakefield Ltd. CWK G2717C106 Real Estate 15,575 $210,262.50 0.18%
Federated Hermes, Inc. (Class B) FHI 314211103 Financials 3,607 $216,708.56 0.18%
FIGS, Inc. (Class A) FIGS 30260D103 Consumer Discretionary 19,869 $209,816.64 0.18%
Ichor Holdings, Ltd. ICHR G4740B105 Information Technology 3,409 $212,210.25 0.18%
Certara, Inc. CERT 15687V109 Health Care 24,206 $195,826.54 0.17%
Gibraltar Industries, Inc. ROCK 374689107 Industrials 4,737 $204,164.70 0.17%
Globus Medical, Inc. (Class A) GMED 379577208 Health Care 2,416 $196,710.72 0.17%
Janus International Group, Inc. JBI 47103N106 Industrials 38,156 $196,503.40 0.17%
LeMaitre Vascular, Inc. LMAT 525558201 Health Care 1,897 $196,472.29 0.17%
Liberty Energy Inc. (Class A) LBRT 53115L104 Energy 12,043 $205,814.87 0.17%
Ligand Pharmaceuticals Inc. (Class B) LGND 53220K504 Health Care 694 $199,878.94 0.17%
PACS Group, Inc. PACS 69380Q107 Health Care 4,440 $206,326.80 0.17%
Sonos, Inc. SONO 83570H108 Consumer Discretionary 11,762 $206,070.24 0.17%
The RMR Group Inc. (Class A) RMR 74967R106 Real Estate 10,326 $202,286.34 0.17%
Gold.com Inc. GOLD 00181T107 Consumer Discretionary 4,828 $193,844.20 0.16%
MYR Group Inc. MYRG 55405W104 Industrials 580 $186,794.80 0.16%
Supernus Pharmaceuticals, Inc. SUPN 868459108 Health Care 4,190 $195,128.30 0.16%
TETRA Technologies, Inc. TTI 88162F105 Energy 25,463 $186,134.53 0.16%
Bandwidth Inc. (Class A) BAND 05988J103 Communication Services 4,655 $172,002.25 0.15%
Bath & Body Works, Inc. BBWI 070830104 Consumer Discretionary 8,950 $176,315.00 0.15%
Hudson Technologies, Inc. HDSN 444144109 Industrials 30,993 $180,999.12 0.15%
ICF International, Inc. ICFI 44925C103 Industrials 2,133 $177,102.99 0.15%
M/I Homes, Inc. MHO 55305B101 Consumer Discretionary 1,164 $179,814.72 0.15%
Peoples Bancorp of North Carolina, Inc. PEBK 710577107 Financials 4,163 $180,424.42 0.15%
Sylvamo Corporation SLVM 871332102 Materials 4,554 $174,190.50 0.15%
The RealReal, Inc. REAL 88339P101 Consumer Discretionary 15,225 $177,980.25 0.15%
Arteris, Inc. AIP 04302A104 Information Technology 6,299 $169,821.04 0.14%
Astrana Health Inc. ASTH 03763A207 Health Care 4,640 $169,406.40 0.14%
Caleres, Inc. CAL 129500104 Consumer Discretionary 13,239 $170,253.54 0.14%
Concentrix Corporation CNXC 20602D101 Industrials 6,170 $163,875.20 0.14%
Midland States Bancorp, Inc. MSBI 597742105 Financials 5,087 $171,024.94 0.14%
Victory Capital Holdings, Inc. (Class A) VCTR 92645B103 Financials 1,683 $164,025.18 0.14%
Vishay Intertechnology, Inc. VSH 928298108 Information Technology 5,626 $168,554.96 0.14%
BILL Holdings, Inc. BILL 090043100 Information Technology 3,321 $157,448.61 0.13%
Cimpress Plc CMPR G2143T103 Industrials 1,525 $148,870.50 0.13%
Emergent BioSolutions Inc. EBS 29089Q105 Health Care 21,100 $155,085.00 0.13%
Great Southern Bancorp, Inc. GSBC 390905107 Financials 1,979 $159,725.09 0.13%
Green Plains Inc. GPRE 393222104 Energy 9,129 $149,441.73 0.13%
Hycroft Mining Holding Corporation HYMC 44862P208 Materials 8,284 $158,721.44 0.13%
LivaNova Plc LIVN G5509L101 Health Care 1,915 $155,938.45 0.13%
Pacira BioSciences, Inc. PCRX 695127100 Health Care 5,874 $155,073.60 0.13%
Qualys, Inc. QLYS 74758T303 Information Technology 1,134 $153,237.42 0.13%
Univest Financial Corporation UVSP 915271100 Financials 3,500 $156,135.00 0.13%
Inhibrx Biosciences, Inc. INBX 45720N103 Health Care 1,762 $139,638.50 0.12%
Liquidity Services, Inc. LQDT 53635B107 Industrials 3,748 $144,110.60 0.12%
NWPX Infrastructure, Inc. NWPX 667746101 Industrials 1,144 $140,952.24 0.12%
Planet Labs PBC (Class A) PL 72703X106 Industrials 7,554 $147,076.38 0.12%
Navigator Holdings Ltd. NVGS Y62132108 Energy 5,752 $126,026.32 0.11%
SunCoke Energy, Inc. SXC 86722A103 Materials 14,553 $136,216.08 0.11%
Upbound Group Inc. UPBD 76009N100 Consumer Discretionary 6,168 $129,219.60 0.11%
Aehr Test Systems, Inc. AEHR 00760J108 Information Technology 1,811 $118,439.40 0.10%
Angi Inc. (Class A) ANGI 00183L201 Communication Services 18,999 $115,893.90 0.10%
Brady Corporation BRC 104674106 Industrials 1,207 $114,314.97 0.10%
Envista Holdings Corporation NVST 29415F104 Health Care 4,132 $117,224.84 0.10%
Hilltop Holdings Inc. HTH 432748101 Financials 3,126 $123,570.78 0.10%
Benchmark Electronics, Inc. BHE 08160H101 Information Technology 1,505 $111,535.55 0.09%
Cohu, Inc. COHU 192576106 Information Technology 2,834 $111,489.56 0.09%
Corcept Therapeutics Inc. CORT 218352102 Health Care 1,161 $107,914.95 0.09%
Gulfport Energy Corporation GPOR 402635502 Energy 673 $105,546.59 0.09%
Riley Exploration Permian, Inc. REPX 76665T102 Energy 3,237 $108,633.72 0.09%
Rogers Corporation ROG 775133101 Information Technology 933 $108,965.07 0.09%
StoneCo Ltd. (Class A) STNE G85158106 Financials 10,272 $112,581.12 0.09%
Zevra Therapeutics, Inc. ZVRA 488445206 Health Care 11,236 $109,888.08 0.09%
Callaway Golf Company CALY 131193104 Consumer Discretionary 4,942 $90,142.08 0.08%
CRA International, Inc. CRAI 12618T105 Industrials 480 $91,219.20 0.08%
Dycom Industries, Inc. DY 267475101 Industrials 247 $91,864.24 0.08%
Helen of Troy Limited HELE G4388N106 Consumer Discretionary 3,302 $92,951.30 0.08%
Watts Water Technologies, Inc. WTS 942749102 Industrials 279 $93,785.85 0.08%
Adeia Inc. ADEA 00676P107 Information Technology 3,597 $83,306.52 0.07%
American Eagle Outfitters, Inc. AEO 02553E106 Consumer Discretionary 4,509 $79,087.86 0.07%
Astronics Corporation (Class B) ATROB 046433207 Industrials 1,251 $81,327.53 0.07%
Healthcare Services Group, Inc. HCSG 421906108 Industrials 3,481 $81,559.83 0.07%
Inspire Medical Systems, Inc. INSP 457730109 Health Care 1,676 $85,593.32 0.07%
Otter Tail Corporation OTTR 689648103 Utilities 899 $81,602.23 0.07%
RingCentral, Inc. (Class A) RNG 76680R206 Information Technology 1,514 $87,176.12 0.07%
Babcock & Wilcox Enterprises, Inc. BW 05614L209 Industrials 8,524 $67,680.56 0.06%
FirstCash Holdings, Inc. FCFS 33768G107 Financials 379 $76,641.38 0.06%
Hancock Whitney Corporation HWC 410120109 Financials 850 $65,433.00 0.06%
MDU Resources Group, Inc. MDU 552690109 Utilities 3,295 $65,932.95 0.06%
MillerKnoll Inc. MLKN 600544100 Industrials 2,866 $65,660.06 0.06%
Monarch Casino & Resort, Inc. MCRI 609027107 Consumer Discretionary 534 $65,692.68 0.06%
SIGA Technologies, Inc. SIGA 826917106 Health Care 22,964 $76,699.76 0.06%
Spectrum Brands Holdings, Inc. SPB 84790A105 Consumer Staples 781 $68,946.68 0.06%
Zurn Elkay Water Solutions Corp. ZWS 98983L108 Industrials 1,489 $76,757.95 0.06%
Korn Ferry KFY 500643200 Industrials 671 $56,826.99 0.05%
Science Applications International Corporation SAIC 808625107 Industrials 527 $61,664.27 0.05%
ACADIA Pharmaceuticals Inc. ACAD 004225108 Health Care 1,753 $46,174.02 0.04%
Atmus Filtration Technologies Inc. ATMU 04956D107 Industrials 842 $42,478.90 0.04%
Avista Corporation AVA 05379B107 Utilities 1,139 $47,245.72 0.04%
Medpace Holdings, Inc. MEDP 58506Q109 Health Care 72 $42,114.96 0.04%
Preferred Bank PFBC 740367404 Financials 480 $50,308.80 0.04%
Preformed Line Products Company PLPC 740444104 Industrials 155 $43,944.05 0.04%
The Western Union Company WU 959802109 Financials 5,148 $41,647.32 0.04%
Prestige Consumer Healthcare Inc. PBH 74112D101 Health Care 766 $39,977.54 0.03%
The Hackett Group, Inc. HCKT 404609109 Information Technology 2,391 $26,707.47 0.02%
Embecta Corp. EMBC 29082K105 Health Care 3,654 $13,446.72 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.