First Trust Active Factor Small Cap ETF (AFSM)
Holdings of the Fund as of 11/12/2026

Total Number of Holdings (excluding cash): 321

Security Name Identifier CUSIP Classification Shares / Quantity Market Value Weighting Descending sort
Par Pacific Holdings, Inc. PARR 69888T207 Energy 19,412 $1,398,246.36 0.94%
Kiniksa Pharmaceuticals International, Plc (Class A) KNSA G52694109 Health Care 14,284 $1,375,263.52 0.92%
National HealthCare Corporation NHC 635906100 Health Care 6,438 $1,357,001.64 0.91%
Abercrombie & Fitch Co. (Class A) ANF 002896207 Consumer Discretionary 8,741 $1,315,433.09 0.88%
Eton Pharmaceuticals, Inc. ETON 29772L108 Health Care 20,521 $1,261,015.45 0.85%
Matson, Inc. MATX 57686G105 Industrials 5,917 $1,258,190.88 0.85%
Apple Hospitality REIT, Inc. APLE 03784Y200 Real Estate 60,791 $1,183,600.77 0.80%
EPAM Systems, Inc. EPAM 29414B104 Information Technology 7,213 $1,181,705.79 0.79%
TrustCo Bank Corp NY TRST 898349204 Financials 20,501 $1,182,087.66 0.79%
Ames National Corporation ATLO 031001100 Financials 33,013 $1,128,714.47 0.76%
OneSpan Inc. OSPN 68287N100 Information Technology 50,718 $1,137,604.74 0.76%
Encore Capital Group, Inc. ECPG 292554102 Financials 10,133 $1,113,211.38 0.75%
Teekay Tankers Ltd. (Class A) TNK G8726X106 Energy 12,417 $1,098,904.50 0.74%
Heritage Insurance Holdings, Inc. HRTG 42727J102 Financials 31,969 $1,070,961.50 0.72%
Acadian Asset Management Inc. AAMI 10948W103 Financials 10,923 $1,038,995.76 0.70%
Cathay General Bancorp CATY 149150104 Financials 15,717 $1,025,848.59 0.69%
Penguin Solutions Inc. PENG 706915105 Information Technology 20,567 $1,030,406.70 0.69%
Protagonist Therapeutics, Inc. PTGX 74366E102 Health Care 7,679 $1,031,904.02 0.69%
BrightSpring Health Services, Inc. BTSG 10950A106 Health Care 14,039 $1,003,086.55 0.67%
Signet Jewelers Limited SIG G81276100 Consumer Discretionary 8,405 $993,639.10 0.67%
Kohl's Corporation KSS 500255104 Consumer Discretionary 41,514 $975,579.00 0.66%
Scorpio Tankers Inc. STNG Y7542C130 Energy 11,713 $977,332.72 0.66%
1st Source Corporation SRCE 336901103 Financials 10,742 $947,981.50 0.64%
CBL & Associates Properties, Inc. CBL 124830878 Real Estate 17,417 $945,568.93 0.64%
Everforth Incorporated EFOR 00191U102 Information Technology 26,278 $941,540.74 0.63%
Halozyme Therapeutics, Inc. HALO 40637H109 Health Care 9,345 $940,761.15 0.63%
Kforce Inc. KFRC 493732101 Industrials 16,920 $930,092.40 0.63%
TG Therapeutics, Inc. TGTX 88322Q108 Health Care 14,456 $933,279.36 0.63%
Chatham Lodging Trust CLDT 16208T102 Real Estate 57,127 $926,599.94 0.62%
Universal Insurance Holdings, Inc. UVE 91359V107 Financials 19,129 $929,095.53 0.62%
Seneca Foods Corporation SENEA 817070501 Consumer Staples 5,302 $896,250.08 0.60%
Sphere Entertainment Co. SPHR 55826T102 Communication Services 7,166 $886,147.56 0.60%
Interface, Inc. TILE 458665304 Industrials 28,220 $884,697.00 0.59%
Rigel Pharmaceuticals, Inc. RIGL 766559702 Health Care 19,296 $881,634.24 0.59%
GigaCloud Technology Inc (Class A) GCT G38644103 Consumer Discretionary 13,093 $848,295.47 0.57%
Herbalife Ltd. HLF G4412G101 Consumer Staples 55,395 $842,557.95 0.57%
Liquidia Technologies, Inc. LQDA 53635D202 Health Care 14,496 $842,507.52 0.57%
Mitek Systems, Inc. MITK 606710200 Information Technology 46,605 $850,541.25 0.57%
FIGS, Inc. (Class A) FIGS 30260D103 Consumer Discretionary 36,707 $832,514.76 0.56%
H&R Block, Inc. HRB 093671105 Consumer Discretionary 16,287 $826,239.51 0.56%
Krystal Biotech, Inc. KRYS 501147102 Health Care 2,746 $839,397.28 0.56%
Myers Industries, Inc. MYE 628464109 Materials 29,659 $839,942.88 0.56%
Northeast Community Bancorp, Inc. NECB 664121100 Financials 28,798 $837,157.86 0.56%
Bel Fuse Inc. (Class B) BELFB 077347300 Information Technology 3,512 $820,016.88 0.55%
Chord Energy Corporation CHRD 674215207 Energy 5,566 $818,480.30 0.55%
Financial Institutions, Inc. FISI 317585404 Financials 20,465 $819,418.60 0.55%
Hamilton Insurance Group, Ltd. (Class B) HG G42706104 Financials 21,235 $822,643.90 0.55%
Cars.com Inc. CARS 14575E105 Communication Services 62,808 $807,082.80 0.54%
First Financial Corporation THFF 320218100 Financials 10,430 $803,005.70 0.54%
Mercury General Corporation MCY 589400100 Financials 9,274 $801,366.34 0.54%
Guardant Health, Inc. GH 40131M109 Health Care 5,096 $789,166.56 0.53%
Kulicke and Soffa Industries, Inc. KLIC 501242101 Information Technology 10,685 $773,807.70 0.52%
Amalgamated Financial Corp. AMAL 022671101 Financials 15,280 $765,222.40 0.51%
Movado Group, Inc. MOV 624580106 Consumer Discretionary 23,633 $755,074.35 0.51%
TaskUs, Inc. (Class A) TASK 87652V109 Industrials 84,995 $764,955.00 0.51%
Viavi Solutions Inc. VIAV 925550105 Information Technology 23,249 $756,522.46 0.51%
SiriusPoint Ltd. SPNT G8192H106 Financials 27,798 $745,264.38 0.50%
Anterix Inc. ATEX 03676C100 Communication Services 8,793 $727,093.17 0.49%
Harmony Biosciences Holdings, Inc. HRMY 413197104 Health Care 21,057 $711,726.60 0.48%
Blue Bird Corporation BLBD 095306106 Industrials 12,672 $702,662.40 0.47%
Madison Square Garden Entertainment Corp. (Class A) MSGE 558256103 Communication Services 8,952 $705,417.60 0.47%
Ziff Davis, Inc. ZD 48123V102 Communication Services 13,607 $703,345.83 0.47%
A10 Networks, Inc. ATEN 002121101 Information Technology 23,132 $677,767.60 0.46%
Axcelis Technologies, Inc. ACLS 054540208 Information Technology 6,395 $691,043.70 0.46%
EnerSys ENS 29275Y102 Industrials 4,609 $681,210.20 0.46%
Forum Energy Technologies, Inc. FET 34984V209 Energy 8,940 $686,770.80 0.46%
Insight Enterprises, Inc. NSIT 45765U103 Information Technology 3,983 $688,461.55 0.46%
ScanSource, Inc. SCSC 806037107 Information Technology 15,449 $683,772.74 0.46%
Innovative Industrial Properties, Inc. IIPR 45781V101 Real Estate 12,752 $671,520.32 0.45%
Oruka Therapeutics, Inc. ORKA 687604108 Health Care 6,335 $665,111.65 0.45%
Axogen, Inc. AXGN 05463X106 Health Care 11,457 $634,717.80 0.43%
Macy's, Inc. M 55616P104 Consumer Discretionary 26,115 $635,377.95 0.43%
NetScout Systems, Inc. NTCT 64115T104 Information Technology 19,473 $633,846.15 0.43%
Pediatrix Medical Group Inc MD 58502B106 Health Care 20,392 $640,308.80 0.43%
Phreesia Inc. PHR 71944F106 Health Care 49,885 $629,548.70 0.42%
Sally Beauty Holdings, Inc. SBH 79546E104 Consumer Discretionary 33,670 $619,864.70 0.42%
Bread Financial Holdings, Inc. BFH 018581108 Financials 6,302 $617,028.82 0.41%
InMode Ltd. INMD M5425M103 Health Care 46,681 $615,722.39 0.41%
Victoria's Secret & Co. VSXY 926400102 Consumer Discretionary 5,843 $611,353.09 0.41%
CONMED Corporation CNMD 207410101 Health Care 11,844 $597,885.12 0.40%
EMCOR Group, Inc. EME 29084Q100 Industrials 909 $602,457.93 0.40%
Harmonic Inc. HLIT 413160102 Information Technology 56,942 $596,182.74 0.40%
Innoviva, Inc. INVA 45781M101 Health Care 31,565 $598,788.05 0.40%
SPS Commerce, Inc. SPSC 78463M107 Information Technology 7,294 $599,931.50 0.40%
Bloom Energy Corporation (Class A) BE 093712107 Industrials 2,871 $579,741.03 0.39%
Brinker International, Inc. EAT 109641100 Consumer Discretionary 2,945 $581,961.45 0.39%
Dorian LPG Ltd. LPG Y2106R110 Energy 12,288 $587,366.40 0.39%
Patterson-UTI Energy, Inc. PTEN 703481101 Energy 54,296 $579,338.32 0.39%
Talos Energy Inc. TALO 87484T108 Energy 36,431 $582,167.38 0.39%
Addus HomeCare Corporation ADUS 006739106 Health Care 4,623 $571,957.56 0.38%
Comfort Systems USA, Inc. FIX 199908104 Industrials 503 $567,429.27 0.38%
Garrett Motion Inc. GTX 366505105 Consumer Discretionary 26,191 $563,106.50 0.38%
OFG Bancorp OFG 67103X102 Financials 10,895 $559,349.30 0.38%
The Gorman-Rupp Company GRC 383082104 Industrials 8,130 $569,913.00 0.38%
American States Water Company AWR 029899101 Utilities 6,253 $555,829.17 0.37%
Carpenter Technology Corporation CRS 144285103 Industrials 1,836 $549,973.80 0.37%
International Seaways, Inc. INSW Y41053102 Energy 5,271 $551,610.15 0.37%
LifeStance Health Group, Inc. LFST 53228F101 Health Care 38,551 $545,496.65 0.37%
PagSeguro Digital Ltd. (Class A) PAGS G68707101 Financials 69,685 $544,936.70 0.37%
PC Connection, Inc. CNXN 69318J100 Information Technology 6,629 $551,267.64 0.37%
Teradata Corporation TDC 88076W103 Information Technology 15,893 $543,222.74 0.37%
The Bank of N.T. Butterfield & Son Limited NTB G0772R208 Financials 9,773 $549,731.25 0.37%
ABM Industries Incorporated ABM 000957100 Industrials 9,850 $539,484.50 0.36%
Climb Bio, Inc. CLYM 28658R106 Health Care 49,904 $542,456.48 0.36%
DHT Holdings, Inc. DHT Y2065G121 Energy 24,265 $540,624.20 0.36%
PBF Energy Inc. PBF 69318G106 Energy 7,613 $540,218.48 0.36%
Vontier Corporation VNT 928881101 Information Technology 12,474 $538,627.32 0.36%
Crocs, Inc. CROX 227046109 Consumer Discretionary 3,347 $525,077.36 0.35%
Kennametal Inc. KMT 489170100 Industrials 21,611 $524,282.86 0.35%
Kyndryl Holdings, Inc. KD 50155Q100 Information Technology 30,618 $522,343.08 0.35%
Pelagos Insurance Capital Limited PLGO G3398L118 Financials 18,285 $527,156.55 0.35%
PubMatic, Inc. (Class A) PUBM 74467Q103 Communication Services 27,392 $520,995.84 0.35%
PVH Corp. PVH 693656100 Consumer Discretionary 5,653 $523,976.57 0.35%
S&T Bancorp, Inc. STBA 783859101 Financials 10,238 $520,192.78 0.35%
Scholastic Corporation SCHL 807066105 Communication Services 14,283 $524,757.42 0.35%
American Public Education, Inc. APEI 02913V103 Consumer Discretionary 12,240 $503,798.40 0.34%
AnaptysBio, Inc. ANAB 032724106 Health Care 10,496 $501,393.92 0.34%
Deluxe Corporation DLX 248019101 Industrials 18,702 $499,156.38 0.34%
10X Genomics, Inc. (Class A) TXG 88025U109 Health Care 8,431 $498,272.10 0.33%
Apogee Enterprises, Inc. APOG 037598109 Industrials 10,256 $486,236.96 0.33%
Credo Technology Group Holding Ltd CRDO G25457105 Information Technology 3,546 $495,766.26 0.33%
Huron Consulting Group Inc. HURN 447462102 Industrials 2,954 $493,849.72 0.33%
OUTFRONT Media Inc. OUT 69007J304 Real Estate 14,600 $484,574.00 0.33%
Powell Industries, Inc. POWL 739128106 Industrials 3,508 $497,329.16 0.33%
Radian Group Inc. RDN 750236101 Financials 13,387 $491,972.25 0.33%
TTM Technologies, Inc. TTMI 87305R109 Information Technology 6,408 $488,802.24 0.33%
Delek US Holdings, Inc. DK 24665A103 Energy 6,999 $478,801.59 0.32%
Five9, Inc. FIVN 338307101 Information Technology 17,008 $479,455.52 0.32%
MAXIMUS, Inc. MMS 577933104 Industrials 7,292 $473,032.04 0.32%
MGIC Investment Corporation MTG 552848103 Financials 16,898 $469,088.48 0.32%
NMI Holdings, Inc. (Class A) NMIH 629209305 Financials 12,188 $473,869.44 0.32%
Pagaya Technologies Ltd. (Class A) PGY M7S64L123 Information Technology 28,101 $474,063.87 0.32%
SELLAS Life Sciences Group, Inc. SLS 81642T209 Health Care 59,981 $481,647.43 0.32%
The Cheesecake Factory Incorporated CAKE 163072101 Consumer Discretionary 4,430 $470,466.00 0.32%
United Fire Group, Inc. UFCS 910340108 Financials 9,279 $476,012.70 0.32%
Applied Industrial Technologies, Inc. AIT 03820C105 Industrials 1,523 $456,610.63 0.31%
Astronics Corporation ATRO 046433108 Industrials 7,689 $463,723.59 0.31%
Carter Bankshares, Inc. CARE 146103106 Financials 15,830 $460,653.00 0.31%
Fortune Brands Innovations Inc. FBIN 34964C106 Industrials 9,590 $456,388.10 0.31%
HCI Group, Inc. HCI 40416E103 Financials 2,427 $463,144.41 0.31%
NWPX Infrastructure, Inc. NWPX 667746101 Industrials 5,016 $457,910.64 0.31%
Photronics, Inc. PLAB 719405102 Information Technology 16,587 $462,445.56 0.31%
Septerna, Inc. SEPN 81734D104 Health Care 11,144 $466,487.84 0.31%
WSFS Financial Corporation WSFS 929328102 Financials 5,807 $464,211.58 0.31%
Academy Sports and Outdoors, Inc. ASO 00402L107 Consumer Discretionary 6,557 $441,220.53 0.30%
Adaptive Biotechnologies Corporation ADPT 00650F109 Health Care 15,292 $450,808.16 0.30%
Clear Secure, Inc. (Class A) YOU 18467V109 Information Technology 7,923 $449,947.17 0.30%
Commvault Systems, Inc. CVLT 204166102 Information Technology 2,672 $443,979.52 0.30%
Lionsgate Studios Corp. LION 53626N102 Communication Services 31,454 $443,186.86 0.30%
Smith & Wesson Brands Inc. SWBI 831754106 Consumer Discretionary 28,483 $443,480.31 0.30%
Tactile Systems Technology, Inc. TCMD 87357P100 Health Care 16,613 $445,560.66 0.30%
Trustmark Corporation TRMK 898402102 Financials 9,303 $445,055.52 0.30%
Enact Holdings, Inc. ACT 29249E109 Financials 9,523 $436,439.09 0.29%
Teekay Corporation Ltd. TK G8726T105 Energy 31,996 $426,506.68 0.29%
Travere Therapeutics, Inc. TVTX 89422G107 Health Care 8,455 $435,939.80 0.29%
Twist Bioscience Corporation TWST 90184D100 Health Care 3,804 $434,492.88 0.29%
Yelp Inc. YELP 985817105 Communication Services 21,025 $425,966.50 0.29%
Essent Group Ltd. ESNT G3198U102 Financials 6,358 $412,570.62 0.28%
IES Holdings, Inc. IESC 44951W106 Industrials 2,388 $415,917.96 0.28%
Progress Software Corporation PRGS 743312100 Information Technology 9,553 $414,982.32 0.28%
Yext, Inc. YEXT 98585N106 Information Technology 53,826 $411,768.90 0.28%
Constellium SE (Class A) CSTM F21107101 Materials 17,953 $405,558.27 0.27%
Dana Incorporated DAN 235825205 Consumer Discretionary 17,472 $406,398.72 0.27%
EverQuote, Inc. (Class A) EVER 30041R108 Communication Services 14,143 $394,448.27 0.27%
First BanCorp. FBP 318672706 Financials 15,256 $398,029.04 0.27%
First Financial Bancorp. FFBC 320209109 Financials 12,313 $400,911.28 0.27%
Liquidity Services, Inc. LQDT 53635B107 Industrials 8,921 $402,783.15 0.27%
PHINIA Inc. PHIN 71880K101 Consumer Discretionary 5,539 $401,632.89 0.27%
Postal Realty Trust, Inc. (Class A) PSTL 73757R102 Real Estate 18,002 $407,925.32 0.27%
The Marcus Corporation MCS 566330106 Communication Services 15,028 $409,062.16 0.27%
Avista Corporation AVA 05379B107 Utilities 9,433 $380,055.57 0.26%
Boise Cascade Company BCC 09739D100 Industrials 5,801 $394,003.92 0.26%
FormFactor, Inc. FORM 346375108 Information Technology 4,267 $393,929.44 0.26%
MaxLinear, Inc. MXL 57776J100 Information Technology 6,468 $381,353.28 0.26%
Mirum Pharmaceuticals, Inc. MIRM 604749101 Health Care 4,117 $384,239.61 0.26%
Supernus, Inc. SUPN 45579U109 Health Care 13,159 $384,242.80 0.26%
Calumet, Inc. CLMT 131428104 Energy 10,087 $367,671.15 0.25%
Certara, Inc. CERT 15687V109 Health Care 30,736 $365,758.40 0.25%
Dave Inc. (Class A) DAVE 23834J201 Financials 1,370 $366,296.90 0.25%
Metropolitan Bank Holding Corp. MCB 591774104 Financials 3,894 $378,146.34 0.25%
Nu Skin Enterprises, Inc. (Class A) NUS 67018T105 Consumer Staples 92,498 $370,916.98 0.25%
Stride, Inc. LRN 86333M108 Consumer Discretionary 5,019 $377,880.51 0.25%
TriNet Group, Inc. TNET 896288107 Industrials 5,803 $379,168.02 0.25%
AMC Global Media Inc. (Class A) AMCX 00164V103 Communication Services 38,933 $363,244.89 0.24%
Aurinia Pharmaceuticals Inc. AUPH 05156V102 Health Care 21,767 $352,843.07 0.24%
Mueller Industries, Inc. MLI 624756102 Industrials 6,407 $351,359.88 0.24%
Nabors Industries Ltd. NBR G6359F137 Energy 4,338 $361,268.64 0.24%
National Energy Services Reunited Corp. NESR G6375R107 Energy 16,516 $350,634.68 0.24%
US Dollar $USD Other 351,706 $351,705.97 0.24%
Westamerica Bancorporation WABC 957090103 Financials 6,011 $358,496.04 0.24%
Alkermes Plc ALKS G01767105 Health Care 7,442 $349,625.16 0.23%
Heritage Financial Corporation HFWA 42722X106 Financials 12,225 $344,867.25 0.23%
HNI Corporation HNI 404251100 Industrials 7,246 $349,257.20 0.23%
Progyny, Inc. PGNY 74340E103 Health Care 9,408 $344,144.64 0.23%
RingCentral, Inc. (Class A) RNG 76680R206 Information Technology 4,565 $346,437.85 0.23%
Sensient Technologies Corporation SXT 81725T100 Materials 2,953 $342,488.94 0.23%
ANI Pharmaceuticals, Inc. ANIP 00182C103 Health Care 4,695 $333,626.70 0.22%
Ennis, Inc. EBF 293389102 Industrials 15,101 $320,745.24 0.22%
G-III Apparel Group, Ltd. GIII 36237H101 Consumer Discretionary 10,357 $326,245.50 0.22%
Itron, Inc. ITRI 465741106 Information Technology 3,414 $329,143.74 0.22%
Omnicell, Inc. OMCL 68213N109 Health Care 9,445 $330,102.75 0.22%
Sabra Health Care REIT, Inc. SBRA 78573L106 Real Estate 15,579 $320,304.24 0.22%
The Bancorp, Inc. TBBK 05969A105 Financials 6,715 $325,006.00 0.22%
Cohu, Inc. COHU 192576106 Information Technology 6,967 $313,515.00 0.21%
CorMedix Inc. CRMD 21900C308 Health Care 64,731 $313,298.04 0.21%
Daktronics, Inc. DAKT 234264109 Information Technology 15,831 $308,704.50 0.21%
Federated Hermes, Inc. (Class B) FHI 314211103 Financials 5,029 $319,442.08 0.21%
Forestar Group Inc. FOR 346232101 Real Estate 14,184 $315,452.16 0.21%
Guardian Pharmacy Services, Inc. (Class A) GRDN 40145W101 Health Care 6,369 $314,501.22 0.21%
Heartland Express, Inc. HTLD 422347104 Industrials 29,568 $306,324.48 0.21%
Kodiak Gas Services, Inc. KGS 50012A108 Energy 6,943 $308,269.20 0.21%
Perdoceo Education Corporation PRDO 71363P106 Consumer Discretionary 10,576 $308,078.88 0.21%
Arcutis Biotherapeutics, Inc. ARQT 03969K108 Health Care 10,747 $295,864.91 0.20%
Ardmore Shipping Corporation ASC Y0207T100 Energy 15,820 $300,896.40 0.20%
City Holding Company CHCO 177835105 Financials 2,072 $294,203.28 0.20%
Digi International Inc. DGII 253798102 Information Technology 4,967 $290,271.48 0.20%
PACS Group, Inc. PACS 69380Q107 Health Care 6,201 $297,648.00 0.20%
Park Aerospace Corp. PKE 70014A104 Industrials 11,913 $294,251.10 0.20%
TFS Financial Corporation TFSL 87240R107 Financials 17,968 $294,315.84 0.20%
Victory Capital Holdings, Inc. (Class A) VCTR 92645B103 Financials 2,350 $292,434.00 0.20%
Kaiser Aluminum Corporation KALU 483007704 Materials 2,499 $277,364.01 0.19%
Kelly Services, Inc. KELYA 488152208 Industrials 20,192 $278,649.60 0.19%
Ligand Pharmaceuticals Inc. (Class B) LGND 53220K504 Health Care 888 $280,847.76 0.19%
Pitney Bowes Inc. PBI 724479100 Industrials 18,116 $283,334.24 0.19%
PTC Therapeutics, Inc. PTCT 69366J200 Health Care 4,412 $279,544.32 0.19%
The RealReal, Inc. REAL 88339P101 Consumer Discretionary 19,333 $276,655.23 0.19%
WaFd Inc. WAFD 938824109 Financials 9,748 $285,323.96 0.19%
Bandwidth Inc. (Class A) BAND 05988J103 Communication Services 5,916 $273,851.64 0.18%
Cushman & Wakefield Ltd. CWK G2717C106 Real Estate 19,780 $266,832.20 0.18%
Euronet Worldwide, Inc. EEFT 298736109 Financials 3,822 $267,883.98 0.18%
Qualys, Inc. QLYS 74758T303 Information Technology 1,585 $274,347.65 0.18%
Rush Enterprises, Inc. (Class A) RUSHA 781846209 Industrials 5,991 $269,834.64 0.18%
Sonos, Inc. SONO 83570H108 Consumer Discretionary 14,944 $270,635.84 0.18%
UroGen Pharma Ltd. URGN M96088105 Health Care 10,090 $266,275.10 0.18%
Concentrix Corporation CNXC 20602D101 Industrials 7,836 $250,516.92 0.17%
EPR Properties EPR 26884U109 Real Estate 4,304 $253,462.56 0.17%
SSR Mining Inc. SSRM 784730103 Materials 9,398 $253,558.04 0.17%
USANA Health Sciences, Inc. USNA 90328M107 Consumer Staples 19,399 $246,949.27 0.17%
Amplitude, Inc. (Class A) AMPL 03213A104 Information Technology 13,469 $233,417.77 0.16%
Bath & Body Works, Inc. BBWI 070830104 Consumer Discretionary 11,372 $239,721.76 0.16%
Caledonia Mining Corporation Plc CMCL G1757E113 Materials 11,930 $240,508.80 0.16%
Glaukos Corporation GKOS 377322102 Health Care 971 $238,895.13 0.16%
Hawaiian Electric Industries, Inc. HE 419870100 Utilities 28,128 $242,463.36 0.16%
Virtus Investment Partners, Inc. VRTS 92828Q109 Financials 1,900 $236,664.00 0.16%
BILL Holdings, Inc. BILL 090043100 Information Technology 4,211 $227,394.00 0.15%
Caleres, Inc. CAL 129500104 Consumer Discretionary 16,813 $221,931.60 0.15%
Corcept Therapeutics Inc. CORT 218352102 Health Care 2,936 $216,412.56 0.15%
Delcath Systems, Inc. DCTH 24661P807 Health Care 10,646 $227,611.48 0.15%
Globus Medical, Inc. (Class A) GMED 379577208 Health Care 3,063 $221,454.90 0.15%
Great Southern Bancorp, Inc. GSBC 390905107 Financials 2,758 $224,170.24 0.15%
ICF International, Inc. ICFI 44925C103 Industrials 2,715 $223,227.30 0.15%
LivaNova Plc LIVN G5509L101 Health Care 2,432 $219,366.40 0.15%
Midland States Bancorp, Inc. MSBI 597742105 Financials 7,094 $225,021.68 0.15%
Peoples Bancorp of North Carolina, Inc. PEBK 710577107 Financials 5,291 $229,364.85 0.15%
Sylvamo Corporation SLVM 871332102 Materials 5,783 $223,050.31 0.15%
MYR Group Inc. MYRG 55405W104 Industrials 741 $206,316.63 0.14%
Nutex Health Inc. NUTX 67079U306 Health Care 1,226 $210,148.66 0.14%
Sterling Infrastructure, Inc. STRL 859241101 Industrials 680 $205,088.00 0.14%
The RMR Group Inc. (Class A) RMR 74967R106 Real Estate 13,120 $206,115.20 0.14%
Ultra Clean Holdings, Inc. UCTT 90385V107 Information Technology 4,439 $213,515.90 0.14%
Astrana Health Inc. ASTH 03763A207 Health Care 5,898 $187,379.46 0.13%
LeMaitre Vascular, Inc. LMAT 525558201 Health Care 2,414 $187,447.10 0.13%
M/I Homes, Inc. MHO 55305B101 Consumer Discretionary 1,472 $186,428.80 0.13%
Red Violet, Inc. RDVT 75704L104 Information Technology 2,512 $190,924.59 0.13%
SunCoke Energy, Inc. SXC 86722A103 Materials 18,483 $198,877.08 0.13%
Univest Financial Corporation UVSP 915271100 Financials 4,879 $198,770.46 0.13%
Upbound Group Inc. UPBD 76009N100 Consumer Discretionary 7,834 $187,075.92 0.13%
Vishay Intertechnology, Inc. VSH 928298108 Information Technology 7,146 $198,587.34 0.13%
Vishay Precision Group, Inc. VPG 92835K103 Information Technology 3,563 $188,589.59 0.13%
Vistance Networks Inc. VISN 20337X109 Information Technology 48,165 $192,660.00 0.13%
Alerus Financial Corporation ALRS 01446U103 Financials 5,253 $180,020.31 0.12%
Gibraltar Industries, Inc. ROCK 374689107 Industrials 6,015 $185,833.54 0.12%
Griffon Corporation GFF 398433102 Industrials 1,735 $181,897.40 0.12%
Hudson Technologies, Inc. HDSN 444144109 Industrials 39,366 $174,391.38 0.12%
Janus International Group, Inc. JBI 47103N106 Industrials 48,466 $181,747.50 0.12%
Riley Exploration Permian, Inc. REPX 76665T102 Energy 4,110 $181,456.50 0.12%
Emergent BioSolutions Inc. EBS 29089Q105 Health Care 26,805 $157,881.45 0.11%
First Busey Corporation BUSE 319383204 Financials 5,792 $167,272.96 0.11%
Green Plains Inc. GPRE 393222104 Energy 11,599 $157,862.39 0.11%
Ichor Holdings, Ltd. ICHR G4740B105 Information Technology 4,331 $160,550.17 0.11%
John Wiley & Sons, Inc. (Class A) WLY 968223206 Communication Services 3,285 $162,410.40 0.11%
Navigator Holdings Ltd. NVGS Y62132108 Energy 7,304 $156,378.64 0.11%
Steven Madden, Ltd. SHOO 556269108 Consumer Discretionary 3,872 $159,448.96 0.11%
Watts Water Technologies, Inc. WTS 942749102 Industrials 461 $164,683.03 0.11%
World Kinect Corp. WKC 981475106 Energy 4,852 $168,801.08 0.11%
Zevra Therapeutics, Inc. ZVRA 488445206 Health Care 14,273 $159,286.68 0.11%
Angi Inc. (Class A) ANGI 00183L201 Communication Services 24,137 $152,787.21 0.10%
Helen of Troy Limited HELE G4388N106 Consumer Discretionary 4,192 $155,900.48 0.10%
Rogers Corporation ROG 775133101 Information Technology 1,191 $154,734.72 0.10%
Veracyte, Inc. VCYT 92337F107 Health Care 5,842 $143,888.46 0.10%
Aehr Test Systems, Inc. AEHR 00760J108 Information Technology 2,296 $140,147.84 0.09%
Gulfport Energy Corporation GPOR 402635502 Energy 851 $138,968.30 0.09%
Inspire Medical Systems, Inc. INSP 457730109 Health Care 2,129 $128,889.66 0.09%
American Eagle Outfitters, Inc. AEO 02553E106 Consumer Discretionary 5,722 $123,995.74 0.08%
Benchmark Electronics, Inc. BHE 08160H101 Information Technology 1,909 $123,722.29 0.08%
Materion Corporation MTRN 576690101 Materials 591 $123,022.56 0.08%
Callaway Golf Company CALY 131193104 Consumer Discretionary 6,281 $104,138.98 0.07%
Cimpress Plc CMPR G2143T103 Industrials 1,930 $108,909.90 0.07%
Hycroft Mining Holding Corporation HYMC 44862P208 Materials 6,401 $108,817.00 0.07%
Omada Health, Inc. OMDA 68170A108 Health Care 7,289 $107,148.30 0.07%
Science Applications International Corporation SAIC 808625107 Industrials 672 $101,633.28 0.07%
StoneCo Ltd. (Class A) STNE G85158106 Financials 13,050 $100,746.00 0.07%
Astronics Corporation (Class B) ATROB 046433207 Industrials 1,590 $94,080.33 0.06%
Backblaze, Inc. (Class A) BLZE 05637B105 Information Technology 10,346 $90,941.34 0.06%
Otter Tail Corporation OTTR 689648103 Utilities 1,142 $85,992.60 0.06%
SIGA Technologies, Inc. SIGA 826917106 Health Care 29,170 $84,301.30 0.06%
Spectrum Brands Holdings, Inc. SPB 84790A105 Consumer Staples 991 $87,554.85 0.06%
Adeia Inc. ADEA 00676P107 Information Technology 4,567 $75,949.21 0.05%
Envista Holdings Corporation NVST 29415F104 Health Care 2,820 $69,541.20 0.05%
MillerKnoll Inc. MLKN 600544100 Industrials 3,642 $77,683.86 0.05%
Korn Ferry KFY 500643200 Industrials 849 $64,311.75 0.04%
Medpace Holdings, Inc. MEDP 58506Q109 Health Care 88 $57,801.92 0.04%
Preferred Bank PFBC 740367404 Financials 609 $63,013.23 0.04%
Preformed Line Products Company PLPC 740444104 Industrials 203 $59,645.46 0.04%
ACADIA Pharmaceuticals Inc. ACAD 004225108 Health Care 2,222 $40,307.08 0.03%
Prestige Consumer Healthcare Inc. PBH 74112D101 Health Care 976 $44,232.32 0.03%
The Hackett Group, Inc. HCKT 404609109 Information Technology 3,038 $40,830.72 0.03%
The Western Union Company WU 959802109 Financials 6,539 $43,484.35 0.03%
Embecta Corp. EMBC 29082K105 Health Care 4,640 $29,835.20 0.02%
EZCORP, Inc. EZPW 302301106 Financials 256 $6,924.80 0.00%
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.