First Trust Active Factor Small Cap ETF (AFSM)
Holdings of the Fund as of 9/4/2026

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 19,182 $1,559,880.24 1.20%
National HealthCare Corporation NHC 635906100 Health Care 5,418 $1,184,591.52 0.92%
Eton Pharmaceuticals, Inc. ETON 29772L108 Health Care 20,188 $1,179,988.60 0.91%
Matson, Inc. MATX 57686G105 Industrials 4,981 $1,123,663.79 0.87%
Abercrombie & Fitch Co. (Class A) ANF 002896207 Consumer Discretionary 7,361 $1,101,720.87 0.85%
TrustCo Bank Corp NY TRST 898349204 Financials 17,261 $999,757.12 0.77%
Teekay Tankers Ltd. (Class A) TNK G8726X106 Energy 10,461 $976,743.57 0.75%
Protagonist Therapeutics, Inc. PTGX 74366E102 Health Care 6,467 $942,371.24 0.73%
Kiniksa Pharmaceuticals International, Plc (Class A) KNSA G52694109 Health Care 12,028 $937,101.48 0.72%
Heritage Insurance Holdings, Inc. HRTG 42727J102 Financials 26,917 $913,832.15 0.71%
Ames National Corporation ATLO 031001100 Financials 27,805 $901,994.20 0.70%
Penguin Solutions Inc. PENG 706915105 Information Technology 17,315 $896,224.40 0.69%
Interface, Inc. TILE 458665304 Industrials 23,768 $885,120.32 0.68%
Halozyme Therapeutics, Inc. HALO 40637H109 Health Care 7,869 $867,085.11 0.67%
Seneca Foods Corporation SENEA 817070501 Consumer Staples 4,462 $873,258.02 0.67%
Acadian Asset Management Inc. AAMI 10948W103 Financials 9,195 $860,468.10 0.66%
Sphere Entertainment Co. SPHR 55826T102 Communication Services 6,038 $859,931.96 0.66%
Liquidia Technologies, Inc. LQDA 53635D202 Health Care 12,204 $837,926.64 0.65%
Cathay General Bancorp CATY 149150104 Financials 13,233 $829,576.77 0.64%
Encore Capital Group, Inc. ECPG 292554102 Financials 8,537 $830,650.10 0.64%
Krystal Biotech, Inc. KRYS 501147102 Health Care 2,314 $828,967.36 0.64%
Mercury General Corporation MCY 589400100 Financials 7,810 $816,379.30 0.63%
Scorpio Tankers Inc. STNG Y7542C130 Energy 9,865 $812,382.75 0.63%
Apple Hospitality REIT, Inc. APLE 03784Y200 Real Estate 51,191 $798,579.60 0.62%
CBL & Associates Properties, Inc. CBL 124830878 Real Estate 14,669 $806,501.62 0.62%
1st Source Corporation SRCE 336901103 Financials 9,050 $789,431.50 0.61%
Myers Industries, Inc. MYE 628464109 Materials 24,979 $794,581.99 0.61%
Rigel Pharmaceuticals, Inc. RIGL 766559702 Health Care 16,248 $790,790.16 0.61%
Kforce Inc. KFRC 493732101 Industrials 14,244 $776,725.32 0.60%
ScanSource, Inc. SCSC 806037107 Information Technology 13,013 $761,000.24 0.59%
Harmony Biosciences Holdings, Inc. HRMY 413197104 Health Care 17,733 $749,219.25 0.58%
Carpenter Technology Corporation CRS 144285103 Industrials 1,548 $735,810.84 0.57%
Kulicke and Soffa Industries, Inc. KLIC 501242101 Information Technology 8,993 $733,963.75 0.57%
Bel Fuse Inc. (Class B) BELFB 077347300 Information Technology 2,960 $721,618.40 0.56%
Everforth Incorporated EFOR 00191U102 Information Technology 22,126 $720,201.30 0.56%
Financial Institutions, Inc. FISI 317585404 Financials 17,237 $718,782.90 0.56%
Mitek Systems, Inc. MITK 606710200 Information Technology 39,249 $728,853.93 0.56%
BrightSpring Health Services, Inc. BTSG 10950A106 Health Care 11,819 $717,767.87 0.55%
EPAM Systems, Inc. EPAM 29414B104 Information Technology 6,073 $710,783.92 0.55%
OneSpan Inc. OSPN 68287N100 Information Technology 42,714 $713,323.80 0.55%
Universal Insurance Holdings, Inc. UVE 91359V107 Financials 16,105 $710,874.70 0.55%
EnerSys ENS 29275Y102 Industrials 3,877 $705,265.07 0.54%
First Financial Corporation THFF 320218100 Financials 8,786 $697,081.24 0.54%
Guardant Health, Inc. GH 40131M109 Health Care 4,292 $692,771.72 0.54%
SELLAS Life Sciences Group, Inc. SLS 81642T209 Health Care 50,513 $700,110.18 0.54%
Chord Energy Corporation CHRD 674215207 Energy 4,690 $686,569.10 0.53%
TG Therapeutics, Inc. TGTX 88322Q108 Health Care 12,176 $681,673.45 0.53%
Viavi Solutions Inc. VIAV 925550105 Information Technology 19,577 $682,454.22 0.53%
Blue Bird Corporation BLBD 095306106 Industrials 10,668 $678,804.84 0.52%
Comfort Systems USA, Inc. FIX 199908104 Industrials 419 $674,732.46 0.52%
H&R Block, Inc. HRB 093671105 Consumer Discretionary 13,719 $673,054.14 0.52%
Kohl's Corporation KSS 500255104 Consumer Discretionary 34,962 $679,661.28 0.52%
Movado Group, Inc. MOV 624580106 Consumer Discretionary 19,901 $676,036.97 0.52%
TTM Technologies, Inc. TTMI 87305R109 Information Technology 5,400 $678,240.00 0.52%
Northeast Community Bancorp, Inc. NECB 664121100 Financials 24,250 $658,751.32 0.51%
Climb Bio, Inc. CLYM 28658R106 Health Care 42,020 $652,150.40 0.50%
IES Holdings, Inc. IESC 44951W106 Industrials 2,016 $650,301.12 0.50%
Amalgamated Financial Corp. AMAL 022671101 Financials 12,868 $632,719.56 0.49%
Anterix Inc. ATEX 03676C100 Communication Services 7,401 $638,484.27 0.49%
Hamilton Insurance Group, Ltd. (Class B) HG G42706104 Financials 17,887 $636,777.20 0.49%
Ziff Davis, Inc. ZD 48123V102 Communication Services 11,459 $638,266.30 0.49%
Axcelis Technologies, Inc. ACLS 054540208 Information Technology 5,387 $619,935.96 0.48%
Cars.com Inc. CARS 14575E105 Communication Services 52,896 $620,470.08 0.48%
Chatham Lodging Trust CLDT 16208T102 Real Estate 48,103 $627,263.12 0.48%
Garrett Motion Inc. GTX 366505105 Consumer Discretionary 22,051 $616,766.47 0.48%
Bloom Energy Corporation (Class A) BE 093712107 Industrials 2,415 $610,681.05 0.47%
Forum Energy Technologies, Inc. FET 34984V209 Energy 7,524 $604,101.96 0.47%
Innovative Industrial Properties, Inc. IIPR 45781V101 Real Estate 10,736 $614,099.20 0.47%
NetScout Systems, Inc. NTCT 64115T104 Information Technology 16,401 $610,445.22 0.47%
Signet Jewelers Limited SIG G81276100 Consumer Discretionary 7,073 $603,326.90 0.47%
Bread Financial Holdings, Inc. BFH 018581108 Financials 5,306 $588,276.22 0.45%
EMCOR Group, Inc. EME 29084Q100 Industrials 765 $576,932.40 0.45%
Herbalife Ltd. HLF G4412G101 Consumer Staples 46,647 $577,489.86 0.45%
InMode Ltd. INMD M5425M103 Health Care 39,313 $586,156.83 0.45%
Madison Square Garden Entertainment Corp. (Class A) MSGE 558256103 Communication Services 7,536 $583,361.76 0.45%
Brinker International, Inc. EAT 109641100 Consumer Discretionary 2,477 $570,254.94 0.44%
Dorian LPG Ltd. LPG Y2106R110 Energy 10,344 $570,988.80 0.44%
GigaCloud Technology Inc (Class A) GCT G38644103 Consumer Discretionary 11,029 $570,750.75 0.44%
Harmonic Inc. HLIT 413160102 Information Technology 47,954 $564,898.12 0.44%
Innoviva, Inc. INVA 45781M101 Health Care 26,585 $567,058.05 0.44%
Kennametal Inc. KMT 489170100 Industrials 18,203 $564,657.06 0.44%
PagSeguro Digital Ltd. (Class A) PAGS G68707101 Financials 58,681 $570,966.13 0.44%
Patterson-UTI Energy, Inc. PTEN 703481101 Energy 45,728 $567,941.76 0.44%
SiriusPoint Ltd. SPNT G8192H106 Financials 23,406 $572,978.88 0.44%
TaskUs, Inc. (Class A) TASK 87652V109 Industrials 71,579 $566,189.89 0.44%
Insight Enterprises, Inc. NSIT 45765U103 Information Technology 3,359 $540,731.82 0.42%
Pagaya Technologies Ltd. (Class A) PGY M7S64L123 Information Technology 23,661 $543,729.78 0.42%
Powell Industries, Inc. POWL 739128106 Industrials 2,956 $535,538.52 0.41%
Photronics, Inc. PLAB 719405102 Information Technology 17,790 $518,222.70 0.40%
Talos Energy Inc. TALO 87484T108 Energy 30,683 $516,701.72 0.40%
The Gorman-Rupp Company GRC 383082104 Industrials 6,846 $515,777.64 0.40%
AnaptysBio, Inc. ANAB 032724106 Health Care 8,840 $502,112.00 0.39%
Credo Technology Group Holding Ltd CRDO G25457105 Information Technology 2,982 $508,639.74 0.39%
Macy's, Inc. M 55616P104 Consumer Discretionary 21,987 $506,800.35 0.39%
SPS Commerce, Inc. SPSC 78463M107 Information Technology 6,142 $509,786.00 0.39%
The Bank of N.T. Butterfield & Son Limited NTB G0772R208 Financials 8,225 $506,084.25 0.39%
Astronics Corporation ATRO 046433108 Industrials 6,477 $493,936.02 0.38%
CONMED Corporation CNMD 207410101 Health Care 9,972 $491,819.04 0.38%
OFG Bancorp OFG 67103X102 Financials 9,179 $488,506.38 0.38%
Oruka Therapeutics, Inc. ORKA 687604108 Health Care 5,339 $493,910.89 0.38%
A10 Networks, Inc. ATEN 002121101 Information Technology 19,484 $479,111.56 0.37%
Five9, Inc. FIVN 338307101 Information Technology 14,320 $476,426.40 0.37%
National Energy Services Reunited Corp. NESR G6375R107 Energy 13,912 $483,442.00 0.37%
PBF Energy Inc. PBF 69318G106 Energy 6,413 $476,742.42 0.37%
Sally Beauty Holdings, Inc. SBH 79546E104 Consumer Discretionary 28,354 $473,511.80 0.37%
Addus HomeCare Corporation ADUS 006739106 Health Care 3,891 $462,095.16 0.36%
American Public Education, Inc. APEI 02913V103 Consumer Discretionary 10,308 $467,570.88 0.36%
Axogen, Inc. AXGN 05463X106 Health Care 9,645 $465,660.60 0.36%
Dana Incorporated DAN 235825205 Consumer Discretionary 14,712 $471,372.48 0.36%
International Seaways, Inc. INSW Y41053102 Energy 4,443 $464,293.50 0.36%
NMI Holdings, Inc. (Class A) NMIH 629209305 Financials 10,268 $460,314.44 0.36%
PC Connection, Inc. CNXN 69318J100 Information Technology 5,585 $471,094.75 0.36%
Pediatrix Medical Group Inc MD 58502B106 Health Care 17,176 $464,267.28 0.36%
Phreesia Inc. PHR 71944F106 Health Care 42,013 $459,622.22 0.36%
Travere Therapeutics, Inc. TVTX 89422G107 Health Care 7,123 $464,989.44 0.36%
Calumet, Inc. CLMT 131428104 Energy 8,491 $451,126.83 0.35%
CorMedix Inc. CRMD 21900C308 Health Care 54,507 $459,494.01 0.35%
NWPX Infrastructure, Inc. NWPX 667746101 Industrials 4,224 $454,819.26 0.35%
10X Genomics, Inc. (Class A) TXG 88025U109 Health Care 7,099 $444,752.35 0.34%
Dave Inc. (Class A) DAVE 23834J201 Financials 1,154 $439,316.26 0.34%
FIGS, Inc. (Class A) FIGS 30260D103 Consumer Discretionary 30,911 $445,736.62 0.34%
MGIC Investment Corporation MTG 552848103 Financials 14,234 $441,396.34 0.34%
S&T Bancorp, Inc. STBA 783859101 Financials 8,618 $436,415.52 0.34%
United Fire Group, Inc. UFCS 910340108 Financials 7,815 $437,483.70 0.34%
Carter Bankshares, Inc. CARE 146103106 Financials 13,334 $426,421.32 0.33%
Delek US Holdings, Inc. DK 24665A103 Energy 5,895 $423,614.70 0.33%
DHT Holdings, Inc. DHT Y2065G121 Energy 20,437 $426,520.19 0.33%
Scholastic Corporation SCHL 807066105 Communication Services 12,027 $428,882.82 0.33%
AMC Global Media Inc. (Class A) AMCX 00164V103 Communication Services 32,789 $409,206.72 0.32%
Applied Industrial Technologies, Inc. AIT 03820C105 Industrials 1,283 $417,706.31 0.32%
Constellium SE (Class A) CSTM F21107101 Materials 15,121 $410,383.94 0.32%
LifeStance Health Group, Inc. LFST 53228F101 Health Care 32,467 $413,304.91 0.32%
Radian Group Inc. RDN 750236101 Financials 11,275 $413,341.50 0.32%
Enact Holdings, Inc. ACT 29249E109 Financials 8,023 $395,293.21 0.31%
The Cheesecake Factory Incorporated CAKE 163072101 Consumer Discretionary 3,734 $401,703.72 0.31%
Twist Bioscience Corporation TWST 90184D100 Health Care 3,204 $399,602.88 0.31%
ABM Industries Incorporated ABM 000957100 Industrials 8,290 $390,044.50 0.30%
Boise Cascade Company BCC 09739D100 Industrials 4,889 $387,257.69 0.30%
Deluxe Corporation DLX 248019101 Industrials 15,750 $382,567.50 0.30%
HCI Group, Inc. HCI 40416E103 Financials 2,043 $383,348.52 0.30%
Huron Consulting Group Inc. HURN 447462102 Industrials 2,486 $386,001.22 0.30%
Indivior Pharmaceuticals, Inc. INDV 45579U109 Health Care 11,083 $387,240.02 0.30%
Pelagos Insurance Capital Limited PLGO G3398L118 Financials 15,393 $389,750.76 0.30%
WSFS Financial Corporation WSFS 929328102 Financials 4,895 $388,516.15 0.30%
Yelp Inc. YELP 985817105 Communication Services 17,701 $383,403.66 0.30%
Essent Group Ltd. ESNT G3198U102 Financials 5,350 $370,113.00 0.29%
FormFactor, Inc. FORM 346375108 Information Technology 3,595 $373,520.50 0.29%
Nu Skin Enterprises, Inc. (Class A) NUS 67018T105 Consumer Staples 77,894 $377,006.96 0.29%
PubMatic, Inc. (Class A) PUBM 74467Q103 Communication Services 23,072 $380,688.00 0.29%
Teradata Corporation TDC 88076W103 Information Technology 13,385 $375,449.25 0.29%
UroGen Pharma Ltd. URGN M96088105 Health Care 8,494 $374,500.46 0.29%
Victoria's Secret & Co. VSXY 926400102 Consumer Discretionary 4,919 $371,679.64 0.29%
First BanCorp. FBP 318672706 Financials 12,844 $366,182.44 0.28%
Kodiak Gas Services, Inc. KGS 50012A108 Energy 5,851 $366,214.09 0.28%
OUTFRONT Media Inc. OUT 69007J304 Real Estate 12,296 $356,092.16 0.28%
Postal Realty Trust, Inc. (Class A) PSTL 73757R102 Real Estate 15,158 $359,093.02 0.28%
Stride, Inc. LRN 86333M108 Consumer Discretionary 4,227 $357,942.36 0.28%
Teekay Corporation Ltd. TK G8726T105 Energy 26,944 $367,246.72 0.28%
Trustmark Corporation TRMK 898402102 Financials 7,839 $365,454.18 0.28%
Apogee Enterprises, Inc. APOG 037598109 Industrials 8,636 $345,180.92 0.27%
Fortune Brands Innovations Inc. FBIN 34964C106 Industrials 8,078 $348,242.58 0.27%
Hecla Mining Company HL 422704106 Materials 17,121 $354,062.28 0.27%
Kaiser Aluminum Corporation KALU 483007704 Materials 2,103 $345,291.57 0.27%
MAXIMUS, Inc. MMS 577933104 Industrials 6,140 $354,032.40 0.27%
Mirum Pharmaceuticals, Inc. MIRM 604749101 Health Care 3,469 $350,022.10 0.27%
Mueller Industries, Inc. MLI 624756102 Industrials 5,399 $344,132.26 0.27%
Progress Software Corporation PRGS 743312100 Information Technology 8,041 $354,206.05 0.27%
PVH Corp. PVH 693656100 Consumer Discretionary 4,765 $354,182.45 0.27%
Septerna, Inc. SEPN 81734D104 Health Care 9,380 $344,715.00 0.27%
The Marcus Corporation MCS 566330106 Communication Services 12,652 $345,020.04 0.27%
Vontier Corporation VNT 928881101 Information Technology 10,506 $349,849.80 0.27%
Crocs, Inc. CROX 227046109 Consumer Discretionary 2,819 $331,317.07 0.26%
First Financial Bancorp. FFBC 320209109 Financials 10,369 $341,969.62 0.26%
Forestar Group Inc. FOR 346232101 Real Estate 11,940 $333,006.60 0.26%
Kyndryl Holdings, Inc. KD 50155Q100 Information Technology 25,782 $339,033.30 0.26%
MaxLinear, Inc. MXL 57776J100 Information Technology 5,448 $341,807.52 0.26%
Nabors Industries Ltd. NBR G6359F137 Energy 3,654 $331,929.36 0.26%
Sensient Technologies Corporation SXT 81725T100 Materials 2,485 $335,077.40 0.26%
TriNet Group, Inc. TNET 896288107 Industrials 4,891 $337,772.46 0.26%
PHINIA Inc. PHIN 71880K101 Consumer Discretionary 4,663 $321,933.52 0.25%
Adaptive Biotechnologies Corporation ADPT 00650F109 Health Care 12,880 $312,726.40 0.24%
Commvault Systems, Inc. CVLT 204166102 Information Technology 2,252 $307,184.11 0.24%
Heartland Express, Inc. HTLD 422347104 Industrials 24,900 $309,756.00 0.24%
Liquidity Services, Inc. LQDT 53635B107 Industrials 7,517 $316,503.31 0.24%
Metropolitan Bank Holding Corp. MCB 591774104 Financials 3,282 $305,849.58 0.24%
Park Aerospace Corp. PKE 70014A104 Industrials 10,029 $313,707.12 0.24%
Smith & Wesson Brands Inc. SWBI 831754106 Consumer Discretionary 23,983 $309,140.87 0.24%
Tactile Systems Technology, Inc. TCMD 87357P100 Health Care 13,985 $305,851.95 0.24%
Aurinia Pharmaceuticals Inc. AUPH 05156V102 Health Care 18,335 $294,826.80 0.23%
Avista Corporation AVA 05379B107 Utilities 7,945 $298,334.75 0.23%
Clear Secure, Inc. (Class A) YOU 18467V109 Information Technology 6,675 $295,902.75 0.23%
Cohu, Inc. COHU 192576106 Information Technology 5,863 $297,371.36 0.23%
EverQuote, Inc. (Class A) EVER 30041R108 Communication Services 11,911 $296,703.01 0.23%
Heritage Financial Corporation HFWA 42722X106 Financials 10,293 $301,481.97 0.23%
HNI Corporation HNI 404251100 Industrials 6,106 $303,223.96 0.23%
Lionsgate Studios Corp. LION 53626N102 Communication Services 26,486 $295,848.62 0.23%
Perdoceo Education Corporation PRDO 71363P106 Consumer Discretionary 8,908 $295,745.60 0.23%
SSR Mining Inc. SSRM 784730103 Materials 7,910 $293,856.50 0.23%
WaFd Inc. WAFD 938824109 Financials 8,212 $298,095.60 0.23%
Yext, Inc. YEXT 98585N106 Information Technology 45,330 $295,098.30 0.23%
Alkermes Plc ALKS G01767105 Health Care 6,266 $288,862.60 0.22%
ANI Pharmaceuticals, Inc. ANIP 00182C103 Health Care 3,951 $281,429.73 0.22%
Digi International Inc. DGII 253798102 Information Technology 4,187 $290,410.32 0.22%
Itron, Inc. ITRI 465741106 Information Technology 2,874 $278,806.74 0.22%
Kelly Services, Inc. KELYA 488152208 Industrials 17,000 $286,620.00 0.22%
RingCentral, Inc. (Class A) RNG 76680R206 Information Technology 3,845 $282,184.55 0.22%
Corcept Therapeutics Inc. CORT 218352102 Health Care 2,468 $275,478.16 0.21%
Ennis, Inc. EBF 293389102 Industrials 12,713 $272,820.98 0.21%
Hawaiian Electric Industries, Inc. HE 419870100 Utilities 24,208 $268,466.72 0.21%
Omnicell, Inc. OMCL 68213N109 Health Care 7,957 $273,482.09 0.21%
Pitney Bowes Inc. PBI 724479100 Industrials 15,260 $265,524.00 0.21%
Sabra Health Care REIT, Inc. SBRA 78573L106 Real Estate 13,119 $272,612.82 0.21%
Sterling Infrastructure, Inc. STRL 859241101 Industrials 572 $278,272.28 0.21%
TFS Financial Corporation TFSL 87240R107 Financials 15,136 $265,939.52 0.21%
Ultra Clean Holdings, Inc. UCTT 90385V107 Information Technology 3,743 $271,105.49 0.21%
Caledonia Mining Corporation Plc CMCL G1757E113 Materials 10,046 $264,511.18 0.20%
City Holding Company CHCO 177835105 Financials 1,748 $254,456.36 0.20%
Daktronics, Inc. DAKT 234264109 Information Technology 13,335 $258,032.25 0.20%
Federated Hermes, Inc. (Class B) FHI 314211103 Financials 4,237 $264,388.80 0.20%
PTC Therapeutics, Inc. PTCT 69366J200 Health Care 3,716 $257,518.80 0.20%
Rush Enterprises, Inc. (Class A) RUSHA 781846209 Industrials 5,044 $256,991.80 0.20%
Virtus Investment Partners, Inc. VRTS 92828Q109 Financials 1,600 $255,088.00 0.20%
Vistance Networks Inc. VISN 20337X109 Information Technology 40,557 $259,564.80 0.20%
Academy Sports and Outdoors, Inc. ASO 00402L107 Consumer Discretionary 5,525 $248,293.50 0.19%
Ardmore Shipping Corporation ASC Y0207T100 Energy 13,324 $242,097.08 0.19%
G-III Apparel Group, Ltd. GIII 36237H101 Consumer Discretionary 8,725 $242,031.50 0.19%
USANA Health Sciences, Inc. USNA 90328M107 Consumer Staples 16,339 $244,431.44 0.19%
Cushman & Wakefield Ltd. CWK G2717C106 Real Estate 16,660 $227,575.60 0.18%
Euronet Worldwide, Inc. EEFT 298736109 Financials 3,222 $237,815.82 0.18%
Gibraltar Industries, Inc. ROCK 374689107 Industrials 5,067 $239,415.75 0.18%
Qualys, Inc. QLYS 74758T303 Information Technology 1,333 $228,809.45 0.18%
Arcutis Biotherapeutics, Inc. ARQT 03969K108 Health Care 9,055 $216,414.50 0.17%
Bandwidth Inc. (Class A) BAND 05988J103 Communication Services 4,980 $217,974.60 0.17%
EPR Properties EPR 26884U109 Real Estate 3,620 $217,163.80 0.17%
Guardian Pharmacy Services, Inc. (Class A) GRDN 40145W101 Health Care 5,361 $218,567.97 0.17%
PACS Group, Inc. PACS 69380Q107 Health Care 5,217 $221,722.50 0.17%
The RMR Group Inc. (Class A) RMR 74967R106 Real Estate 11,044 $215,910.20 0.17%
Victory Capital Holdings, Inc. (Class A) VCTR 92645B103 Financials 1,978 $224,957.94 0.17%
Certara, Inc. CERT 15687V109 Health Care 25,888 $205,550.72 0.16%
Concentrix Corporation CNXC 20602D101 Industrials 6,600 $212,256.00 0.16%
Globus Medical, Inc. (Class A) GMED 379577208 Health Care 2,583 $202,223.07 0.16%
ICF International, Inc. ICFI 44925C103 Industrials 2,283 $200,904.00 0.16%
Ichor Holdings, Ltd. ICHR G4740B105 Information Technology 3,647 $205,617.86 0.16%
Janus International Group, Inc. JBI 47103N106 Industrials 40,810 $207,722.90 0.16%
Ligand Pharmaceuticals Inc. (Class B) LGND 53220K504 Health Care 744 $212,486.40 0.16%
Midland States Bancorp, Inc. MSBI 597742105 Financials 5,978 $201,637.94 0.16%
Progyny, Inc. PGNY 74340E103 Health Care 7,920 $205,444.80 0.16%
US Dollar $USD Other 207,061 $207,060.51 0.16%
Veracyte, Inc. VCYT 92337F107 Health Care 4,918 $209,162.54 0.16%
Astrana Health Inc. ASTH 03763A207 Health Care 4,962 $190,888.14 0.15%
Peoples Bancorp of North Carolina, Inc. PEBK 710577107 Financials 4,451 $196,467.14 0.15%
Sonos, Inc. SONO 83570H108 Consumer Discretionary 12,580 $193,228.80 0.15%
Vishay Intertechnology, Inc. VSH 928298108 Information Technology 6,018 $191,372.40 0.15%
Vishay Precision Group, Inc. VPG 92835K103 Information Technology 2,999 $188,966.99 0.15%
Bath & Body Works, Inc. BBWI 070830104 Consumer Discretionary 9,572 $186,749.72 0.14%
Caleres, Inc. CAL 129500104 Consumer Discretionary 14,161 $176,021.23 0.14%
Great Southern Bancorp, Inc. GSBC 390905107 Financials 2,326 $186,638.24 0.14%
Hudson Technologies, Inc. HDSN 444144109 Industrials 33,150 $177,352.50 0.14%
M/I Homes, Inc. MHO 55305B101 Consumer Discretionary 1,244 $184,435.44 0.14%
MYR Group Inc. MYRG 55405W104 Industrials 621 $177,972.39 0.14%
Sylvamo Corporation SLVM 871332102 Materials 4,871 $175,209.87 0.14%
Aehr Test Systems, Inc. AEHR 00760J108 Information Technology 1,936 $166,999.36 0.13%
BILL Holdings, Inc. BILL 090043100 Information Technology 3,551 $174,567.16 0.13%
LeMaitre Vascular, Inc. LMAT 525558201 Health Care 2,030 $163,760.10 0.13%
LivaNova Plc LIVN G5509L101 Health Care 2,048 $167,772.16 0.13%
Pacira BioSciences, Inc. PCRX 695127100 Health Care 6,283 $165,557.05 0.13%
Univest Financial Corporation UVSP 915271100 Financials 4,111 $174,100.85 0.13%
Alerus Financial Corporation ALRS 01446U103 Financials 4,425 $149,520.75 0.12%
First Busey Corporation BUSE 319383204 Financials 4,880 $149,620.80 0.12%
Green Plains Inc. GPRE 393222104 Energy 9,763 $150,838.35 0.12%
Red Violet, Inc. RDVT 75704L104 Information Technology 2,116 $161,112.24 0.12%
SunCoke Energy, Inc. SXC 86722A103 Materials 15,567 $160,807.11 0.12%
The RealReal, Inc. REAL 88339P101 Consumer Discretionary 16,285 $160,570.10 0.12%
Zevra Therapeutics, Inc. ZVRA 488445206 Health Care 12,017 $149,010.80 0.12%
American States Water Company AWR 029899101 Utilities 1,637 $144,923.61 0.11%
Amplitude, Inc. (Class A) AMPL 03213A104 Information Technology 11,345 $147,711.90 0.11%
Cimpress Plc CMPR G2143T103 Industrials 1,630 $142,543.50 0.11%
Delcath Systems, Inc. DCTH 24661P807 Health Care 8,966 $147,759.68 0.11%
Emergent BioSolutions Inc. EBS 29089Q105 Health Care 22,569 $140,153.49 0.11%
Glaukos Corporation GKOS 377322102 Health Care 815 $144,638.05 0.11%
Griffon Corporation GFF 398433102 Industrials 1,459 $145,433.12 0.11%
Navigator Holdings Ltd. NVGS Y62132108 Energy 6,152 $141,249.92 0.11%
Omada Health, Inc. OMDA 68170A108 Health Care 6,137 $139,739.49 0.11%
Riley Exploration Permian, Inc. REPX 76665T102 Energy 3,462 $145,161.66 0.11%
Steven Madden, Ltd. SHOO 556269108 Consumer Discretionary 3,260 $142,396.80 0.11%
Watts Water Technologies, Inc. WTS 942749102 Industrials 389 $141,257.57 0.11%
World Kinect Corp. WKC 981475106 Energy 4,084 $144,573.60 0.11%
Gulfport Energy Corporation GPOR 402635502 Energy 719 $128,988.60 0.10%
John Wiley & Sons, Inc. (Class A) WLY 968223206 Communication Services 2,769 $133,438.11 0.10%
Rogers Corporation ROG 775133101 Information Technology 999 $127,692.18 0.10%
Upbound Group Inc. UPBD 76009N100 Consumer Discretionary 6,598 $125,230.04 0.10%
Backblaze, Inc. (Class A) BLZE 05637B105 Information Technology 8,714 $117,246.87 0.09%
Benchmark Electronics, Inc. BHE 08160H101 Information Technology 1,609 $116,877.76 0.09%
Hycroft Mining Holding Corporation HYMC 44862P208 Materials 5,393 $122,367.17 0.09%
Inspire Medical Systems, Inc. INSP 457730109 Health Care 1,793 $113,102.44 0.09%
Materion Corporation MTRN 576690101 Materials 495 $120,898.80 0.09%
StoneCo Ltd. (Class A) STNE G85158106 Financials 10,986 $111,068.46 0.09%
Adeia Inc. ADEA 00676P107 Information Technology 3,847 $101,945.50 0.08%
Angi Inc. (Class A) ANGI 00183L201 Communication Services 20,321 $99,572.90 0.08%
Astronics Corporation (Class B) ATROB 046433207 Industrials 1,338 $102,223.20 0.08%
Helen of Troy Limited HELE G4388N106 Consumer Discretionary 3,532 $100,308.80 0.08%
Otter Tail Corporation OTTR 689648103 Utilities 962 $86,377.98 0.07%
American Eagle Outfitters, Inc. AEO 02553E106 Consumer Discretionary 4,822 $83,854.58 0.06%
Callaway Golf Company CALY 131193104 Consumer Discretionary 5,285 $84,031.50 0.06%
Science Applications International Corporation SAIC 808625107 Industrials 564 $71,487.00 0.06%
SIGA Technologies, Inc. SIGA 826917106 Health Care 24,562 $80,808.98 0.06%
Spectrum Brands Holdings, Inc. SPB 84790A105 Consumer Staples 835 $73,897.50 0.06%
Babcock & Wilcox Enterprises, Inc. BW 05614L209 Industrials 9,117 $64,730.70 0.05%
Envista Holdings Corporation NVST 29415F104 Health Care 2,376 $64,817.28 0.05%
Korn Ferry KFY 500643200 Industrials 717 $61,195.95 0.05%
MillerKnoll Inc. MLKN 600544100 Industrials 3,066 $70,272.72 0.05%
Preformed Line Products Company PLPC 740444104 Industrials 167 $66,541.15 0.05%
ACADIA Pharmaceuticals Inc. ACAD 004225108 Health Care 1,874 $52,509.48 0.04%
Preferred Bank PFBC 740367404 Financials 513 $53,105.76 0.04%
Medpace Holdings, Inc. MEDP 58506Q109 Health Care 76 $44,938.04 0.03%
Prestige Consumer Healthcare Inc. PBH 74112D101 Health Care 820 $42,853.20 0.03%
The Western Union Company WU 959802109 Financials 5,507 $39,540.26 0.03%
Embecta Corp. EMBC 29082K105 Health Care 3,908 $22,666.40 0.02%
The Hackett Group, Inc. HCKT 404609109 Information Technology 2,558 $28,675.18 0.02%
EZCORP, Inc. EZPW 302301106 Financials 220 $7,330.40 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.