First Trust Active Factor Small Cap ETF (AFSM)

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Holdings

Holdings of the Fund as of 5/21/2026

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Total Number of Holdings (excluding cash): 317

Security Name	Identifier	CUSIP	Classification	Shares / Quantity	Market Value	Weighting
Bloom Energy Corporation (Class A)	BE	093712107	Industrials	6,560	$2,019,692.80	2.07%
TTM Technologies, Inc.	TTMI	87305R109	Information Technology	9,526	$1,662,763.30	1.71%
Viavi Solutions Inc.	VIAV	925550105	Information Technology	25,983	$1,272,647.34	1.31%
Vicor Corporation	VICR	925815102	Industrials	4,207	$1,128,696.03	1.16%
Photronics, Inc.	PLAB	719405102	Information Technology	19,029	$971,620.74	1.00%
Perimeter Solutions, Inc.	PRM	71385M107	Materials	30,417	$955,093.80	0.98%
Ames National Corporation	ATLO	031001100	Financials	31,932	$919,322.28	0.94%
nLight, Inc.	LASR	65487K100	Information Technology	12,030	$919,452.90	0.94%
Credo Technology Group Holding Ltd	CRDO	G25457105	Information Technology	4,688	$906,612.32	0.93%
Penguin Solutions Inc.	PENG	706915105	Information Technology	17,476	$853,003.56	0.88%
Axcelis Technologies, Inc.	ACLS	054540208	Information Technology	5,426	$827,519.26	0.85%
National HealthCare Corporation	NHC	635906100	Health Care	4,241	$831,236.00	0.85%
EnerSys	ENS	29275Y102	Industrials	3,432	$819,939.12	0.84%
Garrett Motion Inc.	GTX	366505105	Consumer Discretionary	22,773	$756,519.06	0.78%
Comfort Systems USA, Inc.	FIX	199908104	Industrials	411	$754,320.63	0.77%
Interface, Inc.	TILE	458665304	Industrials	25,603	$745,815.39	0.77%
Sterling Infrastructure, Inc.	STRL	859241101	Industrials	975	$715,425.75	0.73%
GigaCloud Technology Inc (Class A)	GCT	G38644103	Consumer Discretionary	18,250	$703,537.50	0.72%
Matson, Inc.	MATX	57686G105	Industrials	3,830	$699,932.50	0.72%
Scorpio Tankers Inc.	STNG	Y7542C130	Energy	8,721	$702,999.81	0.72%
Bel Fuse Inc. (Class B)	BELFB	077347300	Information Technology	2,670	$695,268.00	0.71%
Catalyst Pharmaceuticals, Inc.	CPRX	14888U101	Health Care	21,328	$667,139.84	0.68%
Par Pacific Holdings, Inc.	PARR	69888T207	Energy	11,245	$649,961.00	0.67%
Peabody Energy Corporation	BTU	704551100	Energy	25,808	$629,973.28	0.65%
Teekay Tankers Ltd. (Class A)	TNK	G8726X106	Energy	8,045	$625,096.50	0.64%
Krystal Biotech, Inc.	KRYS	501147102	Health Care	2,022	$615,153.06	0.63%
Mitek Systems, Inc.	MITK	606710200	Information Technology	39,985	$614,169.60	0.63%
SiriusPoint Ltd.	SPNT	G8192H106	Financials	26,014	$612,109.42	0.63%
Caledonia Mining Corporation Plc	CMCL	G1757E113	Materials	26,323	$607,798.07	0.62%
Carpenter Technology Corporation	CRS	144285103	Industrials	1,381	$605,319.92	0.62%
EMCOR Group, Inc.	EME	29084Q100	Industrials	689	$585,098.80	0.60%
Indivior Pharmaceuticals, Inc.	INDV	45579U109	Health Care	15,712	$588,571.52	0.60%
Sanmina Corporation	SANM	801056102	Information Technology	2,485	$582,384.60	0.60%
Tactile Systems Technology, Inc.	TCMD	87357P100	Health Care	22,742	$582,877.46	0.60%
Lantheus Holdings, Inc.	LNTH	516544103	Health Care	6,116	$577,778.52	0.59%
TrustCo Bank Corp NY	TRST	898349204	Financials	11,483	$579,202.52	0.59%
Chord Energy Corporation	CHRD	674215207	Energy	3,949	$564,114.65	0.58%
Astronics Corporation	ATRO	046433108	Industrials	6,986	$558,111.54	0.57%
Kiniksa Pharmaceuticals International, Plc (Class A)	KNSA	G52694109	Health Care	10,314	$553,346.10	0.57%
Macy's, Inc.	M	55616P104	Consumer Discretionary	27,059	$557,956.58	0.57%
Seneca Foods Corporation	SENEA	817070501	Consumer Staples	3,921	$550,704.45	0.57%
Brookdale Senior Living Inc.	BKD	112463104	Health Care	41,033	$549,021.54	0.56%
Clear Secure, Inc. (Class A)	YOU	18467V109	Information Technology	8,872	$542,079.20	0.56%
Halozyme Therapeutics, Inc.	HALO	40637H109	Health Care	7,956	$545,145.12	0.56%
Hecla Mining Company	HL	422704106	Materials	31,637	$547,320.10	0.56%
Laureate Education, Inc. (Class A)	LAUR	518613203	Consumer Discretionary	16,575	$546,477.75	0.56%
Blue Bird Corporation	BLBD	095306106	Industrials	8,200	$531,524.00	0.55%
First Financial Corporation	THFF	320218100	Financials	7,766	$538,416.78	0.55%
IES Holdings, Inc.	IESC	44951W106	Industrials	832	$539,002.88	0.55%
Amalgamated Financial Corp.	AMAL	022671101	Financials	12,604	$521,679.56	0.54%
Bank First Corporation	BFC	06211J100	Financials	3,696	$526,199.52	0.54%
Tutor Perini Corporation	TPC	901109108	Industrials	7,062	$528,802.56	0.54%
Harmonic Inc.	HLIT	413160102	Information Technology	40,902	$519,455.40	0.53%
Teradata Corporation	TDC	88076W103	Information Technology	15,906	$521,239.62	0.53%
Costamare Inc.	CMRE	Y1771G102	Industrials	29,678	$508,680.92	0.52%
Liquidia Technologies, Inc.	LQDA	53635D202	Health Care	8,206	$508,525.82	0.52%
Metropolitan Bank Holding Corp.	MCB	591774104	Financials	5,546	$506,349.80	0.52%
Guardant Health, Inc.	GH	40131M109	Health Care	4,197	$495,287.97	0.51%
MGIC Investment Corporation	MTG	552848103	Financials	19,016	$497,648.72	0.51%
National Health Investors, Inc.	NHI	63633D104	Real Estate	6,437	$492,752.35	0.51%
Ziff Davis, Inc.	ZD	48123V102	Communication Services	11,816	$492,963.52	0.51%
InterDigital, Inc.	IDCC	45867G101	Information Technology	1,797	$479,978.70	0.49%
Atkore Inc.	ATKR	047649108	Industrials	6,082	$463,326.76	0.48%
EPR Properties	EPR	26884U109	Real Estate	7,958	$467,214.18	0.48%
PVH Corp.	PVH	693656100	Consumer Discretionary	5,130	$444,822.30	0.46%
BrightSpring Health Services, Inc.	BTSG	10950A106	Health Care	7,621	$441,941.79	0.45%
Innovative Industrial Properties, Inc.	IIPR	45781V101	Real Estate	7,519	$423,996.41	0.44%
Rambus Inc.	RMBS	750917106	Information Technology	3,019	$428,154.58	0.44%
Northeast Community Bancorp, Inc.	NECB	664121100	Financials	17,364	$419,166.96	0.43%
Resolute Holdings Management, Inc.	RHLD	76134H101	Industrials	3,627	$414,602.37	0.43%
Willdan Group, Inc.	WLDN	96924N100	Industrials	4,620	$418,941.60	0.43%
Arcutis Biotherapeutics, Inc.	ARQT	03969K108	Health Care	19,679	$413,455.79	0.42%
Heritage Insurance Holdings, Inc.	HRTG	42727J102	Financials	17,553	$411,617.85	0.42%
Perdoceo Education Corporation	PRDO	71363P106	Consumer Discretionary	12,028	$406,305.84	0.42%
Signet Jewelers Limited	SIG	G81276100	Consumer Discretionary	4,995	$406,593.00	0.42%
Enact Holdings, Inc.	ACT	29249E109	Financials	9,115	$395,591.00	0.41%
ScanSource, Inc.	SCSC	806037107	Information Technology	9,327	$398,169.63	0.41%
Daktronics, Inc.	DAKT	234264109	Information Technology	19,742	$389,509.66	0.40%
Hamilton Insurance Group, Ltd. (Class B)	HG	G42706104	Financials	12,183	$388,150.38	0.40%
LiveRamp Holdings, Inc.	RAMP	53815P108	Information Technology	10,386	$392,902.38	0.40%
American Healthcare REIT, Inc.	AHR	398182303	Real Estate	7,630	$382,491.90	0.39%
Ardmore Shipping Corporation	ASC	Y0207T100	Energy	19,487	$375,904.23	0.39%
Cal-Maine Foods, Inc.	CALM	128030202	Consumer Staples	4,935	$379,600.20	0.39%
iRhythm Holdings, Inc.	IRTC	450056106	Health Care	3,222	$379,777.14	0.39%
Kulicke and Soffa Industries, Inc.	KLIC	501242101	Information Technology	3,798	$383,939.82	0.39%
NetScout Systems, Inc.	NTCT	64115T104	Information Technology	9,692	$382,252.48	0.39%
InMode Ltd.	INMD	M5425M103	Health Care	26,795	$370,574.85	0.38%
Lincoln Educational Services Corporation	LINC	533535100	Consumer Discretionary	7,837	$367,085.08	0.38%
Digi International Inc.	DGII	253798102	Information Technology	5,582	$357,527.10	0.37%
DNOW Inc.	DNOW	67011P100	Industrials	28,279	$364,516.31	0.37%
Universal Insurance Holdings, Inc.	UVE	91359V107	Financials	8,982	$356,585.40	0.37%
OneSpan Inc.	OSPN	68287N100	Information Technology	27,399	$351,255.18	0.36%
Abercrombie & Fitch Co. (Class A)	ANF	002896207	Consumer Discretionary	4,443	$339,845.07	0.35%
FormFactor, Inc.	FORM	346375108	Information Technology	2,648	$338,944.00	0.35%
Genco Shipping & Trading Limited	GNK	Y2685T131	Industrials	13,987	$337,646.18	0.35%
Harmony Biosciences Holdings, Inc.	HRMY	413197104	Health Care	11,115	$338,896.35	0.35%
Herbalife Ltd.	HLF	G4412G101	Consumer Staples	26,740	$339,330.60	0.35%
Myers Industries, Inc.	MYE	628464109	Materials	15,623	$343,549.77	0.35%
Sabra Health Care REIT, Inc.	SBRA	78573L106	Real Estate	16,680	$345,442.80	0.35%
Travere Therapeutics, Inc.	TVTX	89422G107	Health Care	7,683	$343,737.42	0.35%
Virtus Investment Partners, Inc.	VRTS	92828Q109	Financials	2,385	$337,882.95	0.35%
Bread Financial Holdings, Inc.	BFH	018581108	Financials	3,880	$332,826.40	0.34%
Cars.com Inc.	CARS	14575E105	Communication Services	34,381	$329,026.17	0.34%
DHT Holdings, Inc.	DHT	Y2065G121	Energy	18,733	$332,698.08	0.34%
G-III Apparel Group, Ltd.	GIII	36237H101	Consumer Discretionary	10,928	$332,976.16	0.34%
Protagonist Therapeutics, Inc.	PTGX	74366E102	Health Care	3,263	$332,858.63	0.34%
Theravance Biopharma, Inc.	TBPH	G8807B106	Health Care	20,530	$335,460.20	0.34%
Innoviva, Inc.	INVA	45781M101	Health Care	14,366	$318,925.20	0.33%
Mirum Pharmaceuticals, Inc.	MIRM	604749101	Health Care	3,235	$325,667.45	0.33%
Mueller Industries, Inc.	MLI	624756102	Industrials	2,411	$322,061.38	0.33%
Veracyte, Inc.	VCYT	92337F107	Health Care	7,191	$324,961.29	0.33%
CareTrust REIT, Inc.	CTRE	14174T107	Real Estate	7,644	$313,480.44	0.32%
EZCORP, Inc.	EZPW	302301106	Financials	9,367	$313,232.48	0.32%
Mercury General Corporation	MCY	589400100	Financials	3,000	$307,020.00	0.32%
PHINIA Inc.	PHIN	71880K101	Consumer Discretionary	4,270	$315,211.40	0.32%
SPX Technologies	SPXC	78473E103	Industrials	1,540	$316,300.60	0.32%
Sylvamo Corporation	SLVM	871332102	Materials	8,232	$314,215.44	0.32%
Trustmark Corporation	TRMK	898402102	Financials	7,065	$314,109.90	0.32%
A10 Networks, Inc.	ATEN	002121101	Information Technology	10,779	$305,369.07	0.31%
Alkermes Plc	ALKS	G01767105	Health Care	8,073	$298,297.35	0.31%
Dave Inc. (Class A)	DAVE	23834J201	Financials	1,244	$299,679.60	0.31%
Sensient Technologies Corporation	SXT	81725T100	Materials	2,675	$302,515.75	0.31%
Stride, Inc.	LRN	86333M108	Consumer Discretionary	3,418	$299,587.70	0.31%
Alpha Metallurgical Resources, Inc.	AMR	020764106	Materials	1,721	$296,425.04	0.30%
American Public Education, Inc.	APEI	02913V103	Consumer Discretionary	5,587	$288,233.33	0.30%
Axogen, Inc.	AXGN	05463X106	Health Care	7,103	$293,424.93	0.30%
Globus Medical, Inc. (Class A)	GMED	379577208	Health Care	3,436	$290,719.96	0.30%
Kennametal Inc.	KMT	489170100	Industrials	8,367	$294,685.74	0.30%
Sphere Entertainment Co.	SPHR	55826T102	Communication Services	2,267	$295,231.41	0.30%
SSR Mining Inc.	SSRM	784730103	Materials	9,687	$293,031.75	0.30%
USANA Health Sciences, Inc.	USNA	90328M107	Consumer Staples	15,928	$295,623.68	0.30%
Applied Industrial Technologies, Inc.	AIT	03820C105	Industrials	923	$282,124.18	0.29%
Essent Group Ltd.	ESNT	G3198U102	Financials	4,612	$285,482.80	0.29%
FIGS, Inc. (Class A)	FIGS	30260D103	Consumer Discretionary	22,925	$285,187.00	0.29%
H&R Block, Inc.	HRB	093671105	Consumer Discretionary	7,398	$280,310.22	0.29%
Heritage Financial Corporation	HFWA	42722X106	Financials	10,244	$278,022.16	0.29%
Madison Square Garden Entertainment Corp. (Class A)	MSGE	558256103	Communication Services	4,052	$281,087.24	0.29%
Nicolet Bankshares, Inc.	NIC	65406E102	Financials	1,969	$280,208.39	0.29%
Powell Industries, Inc.	POWL	739128106	Industrials	1,052	$284,829.00	0.29%
PriceSmart, Inc.	PSMT	741511109	Consumer Staples	1,746	$287,339.22	0.29%
Rigel Pharmaceuticals, Inc.	RIGL	766559702	Health Care	9,639	$281,362.41	0.29%
Talos Energy Inc.	TALO	87484T108	Energy	18,044	$286,538.72	0.29%
Tarsus Pharmaceuticals, Inc.	TARS	87650L103	Health Care	4,506	$286,040.88	0.29%
TG Therapeutics, Inc.	TGTX	88322Q108	Health Care	7,322	$287,315.28	0.29%
The RMR Group Inc. (Class A)	RMR	74967R106	Real Estate	14,096	$283,047.68	0.29%
US Dollar	$USD		Other	285,506	$285,506.27	0.29%
Academy Sports and Outdoors, Inc.	ASO	00402L107	Consumer Discretionary	5,301	$270,510.03	0.28%
Astrana Health Inc.	ASTH	03763A207	Health Care	7,267	$271,640.46	0.28%
Kforce Inc.	KFRC	493732101	Industrials	6,650	$273,448.00	0.28%
National Energy Services Reunited Corp.	NESR	G6375R107	Energy	10,248	$269,419.92	0.28%
Peoples Bancorp of North Carolina, Inc.	PEBK	710577107	Financials	6,518	$277,406.08	0.28%
Planet Labs PBC (Class A)	PL	72703X106	Industrials	6,535	$277,606.80	0.28%
S&T Bancorp, Inc.	STBA	783859101	Financials	6,118	$275,187.64	0.28%
Scholastic Corporation	SCHL	807066105	Communication Services	6,894	$276,725.16	0.28%
ANI Pharmaceuticals, Inc.	ANIP	00182C103	Health Care	3,193	$264,284.61	0.27%
Dana Incorporated	DAN	235825205	Consumer Discretionary	7,836	$265,326.96	0.27%
Forum Energy Technologies, Inc.	FET	34984V209	Energy	4,542	$265,707.00	0.27%
Omnicell, Inc.	OMCL	68213N109	Health Care	6,072	$265,710.72	0.27%
Pelagos Insurance Capital Limited	PLGO	G3398L118	Financials	11,262	$259,701.72	0.27%
Teekay Corporation Ltd.	TK	G8726T105	Energy	19,846	$267,722.54	0.27%
WSFS Financial Corporation	WSFS	929328102	Financials	3,606	$258,514.14	0.27%
Brinker International, Inc.	EAT	109641100	Consumer Discretionary	1,826	$249,376.82	0.26%
First Financial Bancorp.	FFBC	320209109	Financials	8,385	$257,251.80	0.26%
Progyny, Inc.	PGNY	74340E103	Health Care	10,331	$255,072.39	0.26%
PTC Therapeutics, Inc.	PTCT	69366J200	Health Care	3,642	$254,175.18	0.26%
Simulations Plus, Inc.	SLP	829214105	Health Care	16,953	$256,159.83	0.26%
ConnectOne Bancorp, Inc.	CNOB	20786W107	Financials	8,233	$245,096.41	0.25%
Constellium SE (Class A)	CSTM	F21107101	Materials	7,501	$240,332.04	0.25%
CRA International, Inc.	CRAI	12618T105	Industrials	1,669	$245,993.91	0.25%
Crocs, Inc.	CROX	227046109	Consumer Discretionary	2,280	$248,360.40	0.25%
Home BancShares, Inc.	HOMB	436893200	Financials	9,214	$245,092.40	0.25%
Kohl's Corporation	KSS	500255104	Consumer Discretionary	19,076	$242,265.20	0.25%
NMI Holdings, Inc. (Class A)	NMIH	629209305	Financials	6,546	$247,176.96	0.25%
Supernus Pharmaceuticals, Inc.	SUPN	868459108	Health Care	5,001	$246,949.38	0.25%
City Holding Company	CHCO	177835105	Financials	1,888	$234,886.08	0.24%
Federated Hermes, Inc. (Class B)	FHI	314211103	Financials	4,297	$231,436.42	0.24%
HCI Group, Inc.	HCI	40416E103	Financials	1,505	$238,497.35	0.24%
M/I Homes, Inc.	MHO	55305B101	Consumer Discretionary	1,827	$235,609.92	0.24%
Mueller Water Products, Inc.	MWA	624758108	Industrials	9,143	$229,672.16	0.24%
OFG Bancorp	OFG	67103X102	Financials	5,150	$232,780.00	0.24%
PJT Partners Inc. (Class A)	PJT	69343T107	Financials	1,494	$232,780.14	0.24%
WaFd Inc.	WAFD	938824109	Financials	6,643	$235,494.35	0.24%
Caleres, Inc.	CAL	129500104	Consumer Discretionary	17,321	$227,944.36	0.23%
Coeur Mining, Inc.	CDE	192108504	Materials	12,763	$227,564.29	0.23%
CorMedix Inc.	CRMD	21900C308	Health Care	27,871	$224,640.26	0.23%
First BanCorp.	FBP	318672706	Financials	9,461	$228,577.76	0.23%
Huron Consulting Group Inc.	HURN	447462102	Industrials	2,154	$226,837.74	0.23%
Iradimed Corporation	IRMD	46266A109	Health Care	2,408	$224,353.36	0.23%
LivaNova Plc	LIVN	G5509L101	Health Care	2,995	$220,551.80	0.23%
Nu Skin Enterprises, Inc. (Class A)	NUS	67018T105	Consumer Staples	38,076	$225,029.16	0.23%
TETRA Technologies, Inc.	TTI	88162F105	Energy	22,034	$227,170.54	0.23%
Cipher Digital Inc.	CIFR	17253J106	Information Technology	9,970	$214,554.40	0.22%
Cushman & Wakefield Ltd.	CWK	G2717C106	Real Estate	16,906	$216,734.92	0.22%
Hallador Energy Company	HNRG	40609P105	Utilities	12,327	$219,174.06	0.22%
Hub Group, Inc.	HUBG	443320106	Industrials	5,376	$218,695.68	0.22%
Kelly Services, Inc.	KELYA	488152208	Industrials	19,724	$210,455.08	0.22%
LeMaitre Vascular, Inc.	LMAT	525558201	Health Care	2,184	$217,351.68	0.22%
Red Violet, Inc.	RDVT	75704L104	Information Technology	4,454	$216,286.24	0.22%
The Bank of N.T. Butterfield & Son Limited	NTB	G0772R208	Financials	3,828	$214,750.80	0.22%
Concentrix Corporation	CNXC	20602D101	Industrials	7,933	$205,306.04	0.21%
Ennis, Inc.	EBF	293389102	Industrials	10,013	$200,660.52	0.21%
Adaptive Biotechnologies Corporation	ADPT	00650F109	Health Care	13,890	$192,654.30	0.20%
AMC Global Media Inc. (Class A)	AMCX	00164V103	Communication Services	21,221	$190,989.00	0.20%
Arteris, Inc.	AIP	04302A104	Information Technology	5,451	$195,690.90	0.20%
Itron, Inc.	ITRI	465741106	Information Technology	2,323	$190,137.55	0.20%
Sonos, Inc.	SONO	83570H108	Consumer Discretionary	13,569	$199,735.68	0.20%
Aurinia Pharmaceuticals Inc.	AUPH	05156V102	Health Care	12,099	$186,929.55	0.19%
Calix, Inc.	CALX	13100M509	Information Technology	4,820	$185,184.40	0.19%
GRAIL, Inc.	GRAL	384747101	Health Care	2,690	$182,543.40	0.19%
Pacira BioSciences, Inc.	PCRX	695127100	Health Care	7,885	$185,139.80	0.19%
Rayonier Inc.	RYN	754907103	Real Estate	9,058	$184,692.62	0.19%
SunCoke Energy, Inc.	SXC	86722A103	Materials	22,773	$184,233.57	0.19%
Victoria's Secret & Co.	VSCO	926400102	Consumer Discretionary	3,619	$182,940.45	0.19%
Commvault Systems, Inc.	CVLT	204166102	Information Technology	1,657	$175,642.00	0.18%
Euronet Worldwide, Inc.	EEFT	298736109	Financials	2,609	$173,498.50	0.18%
Gold.com Inc.	GOLD	00181T107	Consumer Discretionary	4,179	$174,598.62	0.18%
HNI Corporation	HNI	404251100	Industrials	5,710	$176,267.70	0.18%
Hycroft Mining Holding Corporation	HYMC	44862P208	Materials	5,282	$175,837.78	0.18%
Ligand Pharmaceuticals Inc. (Class B)	LGND	53220K504	Health Care	795	$176,633.10	0.18%
PagSeguro Digital Ltd. (Class A)	PAGS	G68707101	Financials	18,980	$176,893.60	0.18%
The Buckle, Inc.	BKE	118440106	Consumer Discretionary	3,568	$174,903.36	0.18%
AnaptysBio, Inc.	ANAB	032724106	Health Care	2,711	$163,771.51	0.17%
Apogee Enterprises, Inc.	APOG	037598109	Industrials	4,663	$164,603.90	0.17%
Brady Corporation	BRC	104674106	Industrials	1,994	$168,612.64	0.17%
Guardian Pharmacy Services, Inc. (Class A)	GRDN	40145W101	Health Care	4,380	$168,060.60	0.17%
Inhibrx Biosciences, Inc.	INBX	45720N103	Health Care	1,527	$168,840.39	0.17%
Janus International Group, Inc.	JBI	47103N106	Industrials	33,017	$169,377.21	0.17%
The RealReal, Inc.	REAL	88339P101	Consumer Discretionary	17,563	$162,809.01	0.17%
Adeia Inc.	ADEA	00676P107	Information Technology	5,767	$152,018.12	0.16%
Boise Cascade Company	BCC	09739D100	Industrials	2,322	$155,829.42	0.16%
Cathay General Bancorp	CATY	149150104	Financials	2,738	$156,750.50	0.16%
Emergent BioSolutions Inc.	EBS	29089Q105	Health Care	18,256	$152,802.72	0.16%
National Vision Holdings, Inc.	EYE	63845R107	Consumer Discretionary	9,117	$154,715.49	0.16%
Avista Corporation	AVA	05379B107	Utilities	3,585	$146,698.20	0.15%
CBL & Associates Properties, Inc.	CBL	124830878	Real Estate	3,128	$150,050.16	0.15%
Gibraltar Industries, Inc.	ROCK	374689107	Industrials	4,099	$145,678.46	0.15%
PACS Group, Inc.	PACS	69380Q107	Health Care	3,843	$145,150.11	0.15%
Radian Group Inc.	RDN	750236101	Financials	3,826	$142,365.46	0.15%
SIGA Technologies, Inc.	SIGA	826917106	Health Care	30,639	$144,309.69	0.15%
Watts Water Technologies, Inc.	WTS	942749102	Industrials	476	$143,042.76	0.15%
GeneDx Holdings Corp.	WGS	81663L200	Health Care	2,870	$135,837.10	0.14%
Hudson Technologies, Inc.	HDSN	444144109	Industrials	26,815	$138,633.55	0.14%
Kaiser Aluminum Corporation	KALU	483007704	Materials	805	$136,350.90	0.14%
MasterBrand, Inc.	MBC	57638P104	Industrials	17,825	$135,470.00	0.14%
OUTFRONT Media Inc.	OUT	69007J304	Real Estate	4,104	$136,786.32	0.14%
Preferred Bank	PFBC	740367404	Financials	1,423	$134,758.10	0.14%
Vistance Networks Inc.	VISN	20337X109	Information Technology	11,401	$135,671.90	0.14%
Yext, Inc.	YEXT	98585N106	Information Technology	36,674	$131,659.66	0.14%
Angi Inc. (Class A)	ANGI	00183L201	Communication Services	23,867	$122,199.04	0.13%
Cimpress Plc	CMPR	G2143T103	Industrials	1,339	$127,432.63	0.13%
Fastly, Inc. (Class A)	FSLY	31188V100	Information Technology	7,615	$124,886.00	0.13%
Healthcare Services Group, Inc.	HCSG	421906108	Industrials	6,063	$122,533.23	0.13%
Helen of Troy Limited	HELE	G4388N106	Consumer Discretionary	5,168	$128,114.72	0.13%
LightPath Technologies, Inc. (Class A)	LPTH	532257805	Information Technology	8,701	$124,250.28	0.13%
Q2 Holdings, Inc.	QTWO	74736L109	Information Technology	2,760	$127,760.40	0.13%
Victory Capital Holdings, Inc. (Class A)	VCTR	92645B103	Financials	1,457	$125,098.02	0.13%
Acadian Asset Management Inc.	AAMI	10948W103	Financials	1,594	$115,676.58	0.12%
American Eagle Outfitters, Inc.	AEO	02553E106	Consumer Discretionary	7,058	$116,809.90	0.12%
Certara, Inc.	CERT	15687V109	Health Care	22,240	$114,980.80	0.12%
Fresh Del Monte Produce Inc.	FDP	G36738105	Consumer Staples	3,550	$117,185.50	0.12%
Central Pacific Financial Corp.	CPF	154760409	Financials	2,966	$103,246.46	0.11%
Corcept Therapeutics Inc.	CORT	218352102	Health Care	1,823	$108,814.87	0.11%
Hancock Whitney Corporation	HWC	410120109	Financials	1,537	$102,456.42	0.11%
Medpace Holdings, Inc.	MEDP	58506Q109	Health Care	252	$108,385.20	0.11%
Otter Tail Corporation	OTTR	689648103	Utilities	1,246	$107,990.82	0.11%
Apple Hospitality REIT, Inc.	APLE	03784Y200	Real Estate	6,416	$93,096.16	0.10%
Deluxe Corporation	DLX	248019101	Industrials	4,244	$100,115.96	0.10%
Everforth Incorporated	EFOR	00191U102	Information Technology	5,239	$100,169.68	0.10%
Forestar Group Inc.	FOR	346232101	Real Estate	3,870	$101,394.00	0.10%
Hilltop Holdings Inc.	HTH	432748101	Financials	2,706	$100,987.92	0.10%
MAXIMUS, Inc.	MMS	577933104	Industrials	1,511	$92,760.29	0.10%
TaskUs, Inc. (Class A)	TASK	87652V109	Industrials	16,445	$100,643.40	0.10%
Dycom Industries, Inc.	DY	267475101	Industrials	214	$88,688.02	0.09%
Envista Holdings Corporation	NVST	29415F104	Health Care	3,573	$84,429.99	0.09%
Phreesia Inc.	PHR	71944F106	Health Care	10,021	$87,984.38	0.09%
SITE Centers Corp.	SITC	82981J851	Real Estate	15,548	$83,803.72	0.09%
Taylor Morrison Home Corporation	TMHC	87724P106	Consumer Discretionary	1,493	$86,280.47	0.09%
ADMA Biologics, Inc.	ADMA	000899104	Health Care	8,751	$74,033.46	0.08%
Dorian LPG Ltd.	LPG	Y2106R110	Energy	1,595	$73,098.85	0.08%
FirstCash Holdings, Inc.	FCFS	33768G107	Financials	330	$74,669.10	0.08%
Grand Canyon Education, Inc.	LOPE	38526M106	Consumer Discretionary	469	$73,539.20	0.08%
Hawaiian Electric Industries, Inc.	HE	419870100	Utilities	5,810	$79,538.90	0.08%
PC Connection, Inc.	CNXN	69318J100	Information Technology	1,233	$79,133.94	0.08%
Pediatrix Medical Group Inc	MD	58502B106	Health Care	3,623	$78,075.65	0.08%
Sally Beauty Holdings, Inc.	SBH	79546E104	Consumer Discretionary	6,438	$80,475.00	0.08%
Inspire Medical Systems, Inc.	INSP	457730109	Health Care	1,450	$64,873.00	0.07%
MillerKnoll Inc.	MLKN	600544100	Industrials	4,554	$70,268.22	0.07%
The Western Union Company	WU	959802109	Financials	8,443	$71,765.50	0.07%
TriNet Group, Inc.	TNET	896288107	Industrials	1,596	$66,760.68	0.07%
Yelp Inc.	YELP	985817105	Communication Services	2,944	$64,296.96	0.07%
Avnet, Inc.	AVT	053807103	Information Technology	718	$59,881.20	0.06%
MDU Resources Group, Inc.	MDU	552690109	Utilities	2,851	$62,237.33	0.06%
Murphy Oil Corporation	MUR	626717102	Energy	1,554	$58,694.58	0.06%
RingCentral, Inc. (Class A)	RNG	76680R206	Information Technology	1,312	$55,392.64	0.06%
Zurn Elkay Water Solutions Corp.	ZWS	98983L108	Industrials	1,287	$61,235.46	0.06%
Harrow, Inc.	HROW	415858109	Health Care	1,415	$46,638.40	0.05%
Spectrum Brands Holdings, Inc.	SPB	84790A105	Consumer Staples	675	$50,982.75	0.05%
Urban Outfitters, Inc.	URBN	917047102	Consumer Discretionary	606	$44,698.56	0.05%
ACADIA Pharmaceuticals Inc.	ACAD	004225108	Health Care	1,623	$34,602.36	0.04%
Atmus Filtration Technologies Inc.	ATMU	04956D107	Industrials	729	$35,305.47	0.04%
Bath & Body Works, Inc.	BBWI	070830104	Consumer Discretionary	2,084	$36,094.88	0.04%
CarGurus, Inc.	CARG	141788109	Communication Services	1,352	$37,315.20	0.04%
Carter's, Inc.	CRI	146229109	Consumer Discretionary	1,139	$42,780.84	0.04%
ePlus inc.	PLUS	294268107	Information Technology	514	$42,214.82	0.04%
ExlService Holdings, Inc.	EXLS	302081104	Industrials	1,364	$39,869.72	0.04%
Korn Ferry	KFY	500643200	Industrials	581	$38,717.84	0.04%
Park Hotels & Resorts Inc.	PK	700517105	Real Estate	3,478	$39,857.88	0.04%
Science Applications International Corporation	SAIC	808625107	Industrials	454	$43,661.18	0.04%
SI-BONE, Inc.	SIBN	825704109	Health Care	2,436	$36,077.16	0.04%
The Hackett Group, Inc.	HCKT	404609109	Information Technology	3,531	$37,569.84	0.04%
Addus HomeCare Corporation	ADUS	006739106	Health Care	319	$29,749.94	0.03%
CONMED Corporation	CNMD	207410101	Health Care	882	$32,651.64	0.03%
ManpowerGroup Inc.	MAN	56418H100	Industrials	867	$24,960.93	0.03%
Prestige Consumer Healthcare Inc.	PBH	74112D101	Health Care	660	$31,831.80	0.03%
Embecta Corp.	EMBC	29082K105	Health Care	3,161	$10,494.52	0.01%
Advanced Energy Industries, Inc.	AEIS	007973100	Information Technology	14	$4,533.06	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.