First Trust Active Factor Small Cap ETF (AFSM)

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Holdings

Holdings of the Fund as of 3/24/2026

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Total Number of Holdings (excluding cash): 314

Security Name	Identifier	CUSIP	Classification	Shares / Quantity	Market Value	Weighting
TTM Technologies, Inc.	TTMI	87305R109	Information Technology	11,000	$1,176,890.00	1.51%
Peabody Energy Corporation	BTU	704551100	Energy	23,328	$890,896.32	1.14%
Bloom Energy Corporation (Class A)	BE	093712107	Industrials	5,930	$865,068.40	1.11%
Viavi Solutions Inc.	VIAV	925550105	Information Technology	23,483	$843,979.02	1.08%
Ames National Corporation	ATLO	031001100	Financials	28,862	$796,879.82	1.02%
nLight, Inc.	LASR	65487K100	Information Technology	10,875	$778,215.00	1.00%
Photronics, Inc.	PLAB	719405102	Information Technology	17,199	$731,301.48	0.94%
GigaCloud Technology Inc (Class A)	GCT	G38644103	Consumer Discretionary	16,495	$693,119.90	0.89%
Vicor Corporation	VICR	925815102	Industrials	3,802	$686,261.00	0.88%
National HealthCare Corporation	NHC	635906100	Health Care	3,831	$620,583.69	0.80%
Par Pacific Holdings, Inc.	PARR	69888T207	Energy	10,165	$627,180.50	0.80%
Perimeter Solutions, Inc.	PRM	71385M107	Materials	27,492	$607,848.12	0.78%
Interface, Inc.	TILE	458665304	Industrials	23,143	$593,617.95	0.76%
Scorpio Tankers Inc.	STNG	Y7542C130	Energy	7,881	$592,020.72	0.76%
Matson, Inc.	MATX	57686G105	Industrials	3,460	$564,464.40	0.72%
EnerSys	ENS	29275Y102	Industrials	3,102	$549,488.28	0.71%
Tactile Systems Technology, Inc.	TCMD	87357P100	Health Care	20,557	$552,161.02	0.71%
Comfort Systems USA, Inc.	FIX	199908104	Industrials	371	$542,223.92	0.70%
Bel Fuse Inc. (Class B)	BELFB	077347300	Information Technology	2,415	$536,226.60	0.69%
Caledonia Mining Corporation Plc	CMCL	G1757E113	Materials	23,793	$531,059.76	0.68%
Teekay Tankers Ltd. (Class A)	TNK	G8726X106	Energy	7,270	$530,637.30	0.68%
Laureate Education, Inc. (Class A)	LAUR	518613203	Consumer Discretionary	14,980	$520,854.60	0.67%
Seneca Foods Corporation	SENEA	817070501	Consumer Staples	3,546	$518,602.50	0.67%
Brookdale Senior Living Inc.	BKD	112463104	Health Care	37,088	$517,377.60	0.66%
Hecla Mining Company	HL	422704106	Materials	28,597	$512,744.21	0.66%
Resolute Holdings Management, Inc.	RHLD	76134H101	Industrials	3,277	$512,293.41	0.66%
Mitek Systems, Inc.	MITK	606710200	Information Technology	36,140	$508,851.20	0.65%
Carpenter Technology Corporation	CRS	144285103	Industrials	1,246	$497,739.62	0.64%
InterDigital, Inc.	IDCC	45867G101	Information Technology	1,622	$495,780.52	0.64%
SiriusPoint Ltd.	SPNT	G8192H106	Financials	23,514	$497,556.24	0.64%
Chord Energy Corporation	CHRD	674215207	Energy	3,569	$488,917.31	0.63%
National Health Investors, Inc.	NHI	63633D104	Real Estate	5,817	$480,251.52	0.62%
Tutor Perini Corporation	TPC	901109108	Industrials	6,382	$480,245.50	0.62%
EMCOR Group, Inc.	EME	29084Q100	Industrials	624	$475,032.48	0.61%
Costamare Inc.	CMRE	Y1771G102	Industrials	26,823	$469,134.27	0.60%
Ziff Davis, Inc.	ZD	48123V102	Communication Services	10,681	$467,934.61	0.60%
Axcelis Technologies, Inc.	ACLS	054540208	Information Technology	4,906	$463,077.34	0.59%
Krystal Biotech, Inc.	KRYS	501147102	Health Care	1,827	$451,433.43	0.58%
Macy's, Inc.	M	55616P104	Consumer Discretionary	24,459	$449,556.42	0.58%
TrustCo Bank Corp NY	TRST	898349204	Financials	10,378	$450,405.20	0.58%
Bank First Corporation	BFC	06211J100	Financials	3,341	$446,591.47	0.57%
Catalyst Pharmaceuticals, Inc.	CPRX	14888U101	Health Care	19,278	$444,743.46	0.57%
Halozyme Therapeutics, Inc.	HALO	40637H109	Health Care	7,191	$446,129.64	0.57%
MGIC Investment Corporation	MTG	552848103	Financials	17,186	$444,773.68	0.57%
Amalgamated Financial Corp.	AMAL	022671101	Financials	11,394	$439,352.64	0.56%
First Financial Corporation	THFF	320218100	Financials	7,021	$437,899.77	0.56%
Astronics Corporation	ATRO	046433108	Industrials	6,316	$428,603.76	0.55%
Clear Secure, Inc. (Class A)	YOU	18467V109	Information Technology	8,017	$429,150.01	0.55%
Credo Technology Group Holding Ltd	CRDO	G25457105	Information Technology	4,238	$425,071.40	0.55%
Blue Bird Corporation	BLBD	095306106	Industrials	7,410	$417,405.30	0.54%
Heritage Insurance Holdings, Inc.	HRTG	42727J102	Financials	15,863	$422,748.95	0.54%
Kiniksa Pharmaceuticals International, Plc (Class A)	KNSA	G52694109	Health Care	9,324	$419,020.56	0.54%
Lantheus Holdings, Inc.	LNTH	516544103	Health Care	5,526	$410,250.24	0.53%
Metropolitan Bank Holding Corp.	MCB	591774104	Financials	5,011	$411,503.32	0.53%
Indivior Pharmaceuticals, Inc.	INDV	45579U109	Health Care	14,202	$408,875.58	0.52%
Perdoceo Education Corporation	PRDO	71363P106	Consumer Discretionary	10,873	$398,060.53	0.51%
Signet Jewelers Limited	SIG	G81276100	Consumer Discretionary	4,515	$400,345.05	0.51%
Arcutis Biotherapeutics, Inc.	ARQT	03969K108	Health Care	17,789	$388,333.87	0.50%
Sterling Infrastructure, Inc.	STRL	859241101	Industrials	880	$392,620.80	0.50%
Daktronics, Inc.	DAKT	234264109	Information Technology	17,842	$385,208.78	0.49%
IES Holdings, Inc.	IESC	44951W106	Industrials	752	$372,781.44	0.48%
Northeast Community Bancorp, Inc.	NECB	664121100	Financials	15,694	$374,772.72	0.48%
Teradata Corporation	TDC	88076W103	Information Technology	14,376	$375,357.36	0.48%
Garrett Motion Inc.	GTX	366505105	Consumer Discretionary	20,583	$369,670.68	0.47%
Abercrombie & Fitch Co. (Class A)	ANF	002896207	Consumer Discretionary	4,018	$356,959.12	0.46%
EPR Properties	EPR	26884U109	Real Estate	7,193	$362,167.55	0.46%
Innovative Industrial Properties, Inc.	IIPR	45781V101	Real Estate	6,794	$357,024.70	0.46%
Cal-Maine Foods, Inc.	CALM	128030202	Consumer Staples	4,460	$350,556.00	0.45%
Herbalife Ltd.	HLF	G4412G101	Consumer Staples	24,170	$354,332.20	0.45%
Alpha Metallurgical Resources, Inc.	AMR	020764106	Materials	1,556	$339,161.32	0.44%
Harmonic Inc.	HLIT	413160102	Information Technology	36,967	$344,532.44	0.44%
iRhythm Holdings, Inc.	IRTC	450056106	Health Care	2,912	$345,625.28	0.44%
Willdan Group, Inc.	WLDN	96924N100	Industrials	4,175	$341,598.50	0.44%
American Healthcare REIT, Inc.	AHR	398182303	Real Estate	6,895	$332,683.75	0.43%
Atkore Inc.	ATKR	047649108	Industrials	5,497	$331,634.01	0.43%
Enact Holdings, Inc.	ACT	29249E109	Financials	8,240	$332,566.40	0.43%
InMode Ltd.	INMD	M5425M103	Health Care	24,220	$331,814.00	0.43%
Hamilton Insurance Group, Ltd. (Class B)	HG	G42706104	Financials	11,013	$324,442.98	0.42%
FIGS, Inc. (Class A)	FIGS	30260D103	Consumer Discretionary	20,720	$315,980.00	0.41%
Guardant Health, Inc.	GH	40131M109	Health Care	3,792	$316,973.28	0.41%
DHT Holdings, Inc.	DHT	Y2065G121	Energy	16,933	$313,599.16	0.40%
ScanSource, Inc.	SCSC	806037107	Information Technology	8,432	$309,370.08	0.40%
DNOW Inc.	DNOW	67011P100	Industrials	25,559	$306,452.41	0.39%
PVH Corp.	PVH	693656100	Consumer Discretionary	4,635	$305,075.70	0.39%
Sanmina Corporation	SANM	801056102	Information Technology	2,245	$302,626.00	0.39%
BrightSpring Health Services, Inc.	BTSG	10950A106	Health Care	6,886	$298,232.66	0.38%
Myers Industries, Inc.	MYE	628464109	Materials	14,123	$299,407.60	0.38%
Protagonist Therapeutics, Inc.	PTGX	74366E102	Health Care	2,948	$295,949.72	0.38%
Sabra Health Care REIT, Inc.	SBRA	78573L106	Real Estate	15,075	$297,429.75	0.38%
Genco Shipping & Trading Limited	GNK	Y2685T131	Industrials	12,642	$290,766.00	0.37%
Innoviva, Inc.	INVA	45781M101	Health Care	12,986	$284,653.12	0.37%
Lincoln Educational Services Corporation	LINC	533535100	Consumer Discretionary	7,082	$289,228.88	0.37%
Sylvamo Corporation	SLVM	871332102	Materials	7,442	$291,577.56	0.37%
American Public Education, Inc.	APEI	02913V103	Consumer Discretionary	5,052	$283,821.36	0.36%
Ardmore Shipping Corporation	ASC	Y0207T100	Energy	17,612	$280,030.80	0.36%
NetScout Systems, Inc.	NTCT	64115T104	Information Technology	8,762	$280,559.24	0.36%
Penguin Solutions Inc.	PENG	706915105	Information Technology	15,796	$281,168.80	0.36%
SPX Technologies	SPXC	78473E103	Industrials	1,390	$278,931.30	0.36%
Universal Insurance Holdings, Inc.	UVE	91359V107	Financials	8,117	$283,039.79	0.36%
Virtus Investment Partners, Inc.	VRTS	92828Q109	Financials	2,155	$280,688.75	0.36%
Harmony Biosciences Holdings, Inc.	HRMY	413197104	Health Care	10,045	$272,219.50	0.35%
Kennametal Inc.	KMT	489170100	Industrials	7,562	$273,063.82	0.35%
Theravance Biopharma, Inc.	TBPH	G8807B106	Health Care	18,555	$276,469.50	0.35%
Cars.com Inc.	CARS	14575E105	Communication Services	31,076	$261,659.92	0.34%
G-III Apparel Group, Ltd.	GIII	36237H101	Consumer Discretionary	9,878	$266,310.88	0.34%
Globus Medical, Inc. (Class A)	GMED	379577208	Health Care	3,106	$267,892.50	0.34%
OneSpan Inc.	OSPN	68287N100	Information Technology	24,764	$263,241.32	0.34%
Stride, Inc.	LRN	86333M108	Consumer Discretionary	3,088	$268,069.28	0.34%
Trustmark Corporation	TRMK	898402102	Financials	6,385	$268,585.06	0.34%
Academy Sports and Outdoors, Inc.	ASO	00402L107	Consumer Discretionary	4,791	$256,510.14	0.33%
Bread Financial Holdings, Inc.	BFH	018581108	Financials	3,505	$261,087.45	0.33%
CareTrust REIT, Inc.	CTRE	14174T107	Real Estate	6,909	$256,600.26	0.33%
Liquidia Technologies, Inc.	LQDA	53635D202	Health Care	7,416	$261,043.20	0.33%
Mirum Pharmaceuticals, Inc.	MIRM	604749101	Health Care	2,925	$257,049.00	0.33%
Nicolet Bankshares, Inc.	NIC	65406E102	Financials	1,779	$260,516.76	0.33%
PHINIA Inc.	PHIN	71880K101	Consumer Discretionary	3,860	$259,932.40	0.33%
Talos Energy Inc.	TALO	87484T108	Energy	16,309	$255,235.85	0.33%
Tarsus Pharmaceuticals, Inc.	TARS	87650L103	Health Care	4,071	$257,083.65	0.33%
Brinker International, Inc.	EAT	109641100	Consumer Discretionary	1,651	$250,275.09	0.32%
Digi International Inc.	DGII	253798102	Information Technology	5,047	$250,331.20	0.32%
FormFactor, Inc.	FORM	346375108	Information Technology	2,393	$252,533.29	0.32%
Forum Energy Technologies, Inc.	FET	34984V209	Energy	4,107	$249,007.41	0.32%
Nu Skin Enterprises, Inc. (Class A)	NUS	67018T105	Consumer Staples	34,416	$246,418.56	0.32%
Rambus Inc.	RMBS	750917106	Information Technology	2,729	$252,951.01	0.32%
CRA International, Inc.	CRAI	12618T105	Industrials	1,509	$238,331.46	0.31%
Essent Group Ltd.	ESNT	G3198U102	Financials	4,167	$239,227.47	0.31%
Huron Consulting Group Inc.	HURN	447462102	Industrials	1,949	$243,332.65	0.31%
LiveRamp Holdings, Inc.	RAMP	53815P108	Information Technology	9,386	$242,440.38	0.31%
Mercury General Corporation	MCY	589400100	Financials	2,710	$240,106.00	0.31%
Mueller Industries, Inc.	MLI	624756102	Industrials	2,181	$242,309.10	0.31%
USANA Health Sciences, Inc.	USNA	90328M107	Consumer Staples	14,398	$244,909.98	0.31%
Calix, Inc.	CALX	13100M509	Information Technology	4,355	$232,208.60	0.30%
Dana Incorporated	DAN	235825205	Consumer Discretionary	7,081	$236,222.16	0.30%
Dave Inc. (Class A)	DAVE	23834J201	Financials	1,124	$231,993.60	0.30%
Heritage Financial Corporation	HFWA	42722X106	Financials	9,259	$235,734.14	0.30%
Kulicke and Soffa Industries, Inc.	KLIC	501242101	Information Technology	3,433	$233,581.32	0.30%
Mueller Water Products, Inc.	MWA	624758108	Industrials	8,263	$232,933.97	0.30%
PriceSmart, Inc.	PSMT	741511109	Consumer Staples	1,576	$234,130.56	0.30%
Sphere Entertainment Co.	SPHR	55826T102	Communication Services	2,047	$235,036.54	0.30%
National Vision Holdings, Inc.	EYE	63845R107	Consumer Discretionary	8,242	$226,655.00	0.29%
Peoples Bancorp of North Carolina, Inc.	PEBK	710577107	Financials	5,893	$226,939.43	0.29%
Rigel Pharmaceuticals, Inc.	RIGL	766559702	Health Care	8,714	$227,696.82	0.29%
S&T Bancorp, Inc.	STBA	783859101	Financials	5,528	$227,090.24	0.29%
Supernus Pharmaceuticals, Inc.	SUPN	868459108	Health Care	4,521	$223,246.98	0.29%
Teekay Corporation Ltd.	TK	G8726T105	Energy	17,936	$222,406.40	0.29%
A10 Networks, Inc.	ATEN	002121101	Information Technology	9,744	$218,460.48	0.28%
Applied Industrial Technologies, Inc.	AIT	03820C105	Industrials	833	$220,028.62	0.28%
EZCORP, Inc.	EZPW	302301106	Financials	8,467	$222,004.74	0.28%
Federated Hermes, Inc. (Class B)	FHI	314211103	Financials	3,882	$218,673.06	0.28%
Home BancShares, Inc.	HOMB	436893200	Financials	8,329	$221,551.40	0.28%
Iradimed Corporation	IRMD	46266A109	Health Care	2,178	$219,912.66	0.28%
LeMaitre Vascular, Inc.	LMAT	525558201	Health Care	1,974	$217,120.26	0.28%
NMI Holdings, Inc. (Class A)	NMIH	629209305	Financials	5,916	$220,075.20	0.28%
Alkermes Plc	ALKS	G01767105	Health Care	7,298	$207,263.20	0.27%
ANI Pharmaceuticals, Inc.	ANIP	00182C103	Health Care	2,888	$211,719.28	0.27%
Axogen, Inc.	AXGN	05463X106	Health Care	6,418	$209,290.98	0.27%
Coeur Mining, Inc.	CDE	192108504	Materials	11,538	$211,260.78	0.27%
First Financial Bancorp.	FFBC	320209109	Financials	7,580	$207,085.60	0.27%
H&R Block, Inc.	HRB	093671105	Consumer Discretionary	6,688	$207,060.48	0.27%
HCI Group, Inc.	HCI	40416E103	Financials	1,360	$210,840.80	0.27%
Kohl's Corporation	KSS	500255104	Consumer Discretionary	17,241	$212,926.35	0.27%
Madison Square Garden Entertainment Corp. (Class A)	MSGE	558256103	Communication Services	3,662	$210,015.70	0.27%
PTC Therapeutics, Inc.	PTCT	69366J200	Health Care	3,292	$212,465.68	0.27%
SSR Mining Inc.	SSRM	784730103	Materials	8,757	$214,021.08	0.27%
Veracyte, Inc.	VCYT	92337F107	Health Care	6,501	$214,142.94	0.27%
WSFS Financial Corporation	WSFS	929328102	Financials	3,261	$210,823.65	0.27%
City Holding Company	CHCO	177835105	Financials	1,708	$203,252.00	0.26%
M/I Homes, Inc.	MHO	55305B101	Consumer Discretionary	1,652	$203,030.80	0.26%
National Energy Services Reunited Corp.	NESR	G6375R107	Energy	9,263	$205,175.45	0.26%
Sensient Technologies Corporation	SXT	81725T100	Materials	2,420	$205,167.60	0.26%
TG Therapeutics, Inc.	TGTX	88322Q108	Health Care	6,617	$199,965.74	0.26%
ConnectOne Bancorp, Inc.	CNOB	20786W107	Financials	7,443	$196,123.05	0.25%
Ennis, Inc.	EBF	293389102	Industrials	9,048	$193,446.24	0.25%
Fastly, Inc. (Class A)	FSLY	31188V100	Information Technology	6,885	$194,157.00	0.25%
Fidelis Insurance Holdings Limited	FIHL	G3398L118	Financials	10,177	$193,566.54	0.25%
Globalstar, Inc.	GSAT	378973507	Communication Services	3,245	$198,237.05	0.25%
Itron, Inc.	ITRI	465741106	Information Technology	2,098	$194,463.62	0.25%
The RMR Group Inc. (Class A)	RMR	74967R106	Real Estate	12,741	$197,485.50	0.25%
Concentrix Corporation	CNXC	20602D101	Industrials	7,168	$189,808.64	0.24%
Hallador Energy Company	HNRG	40609P105	Utilities	11,142	$185,291.46	0.24%
HNI Corporation	HNI	404251100	Industrials	5,160	$188,185.20	0.24%
OFG Bancorp	OFG	67103X102	Financials	4,655	$185,734.50	0.24%
Omnicell, Inc.	OMCL	68213N109	Health Care	5,487	$189,082.02	0.24%
Planet Labs PBC (Class A)	PL	72703X106	Industrials	5,905	$187,956.15	0.24%
Travere Therapeutics, Inc.	TVTX	89422G107	Health Care	6,943	$186,002.97	0.24%
US Dollar	$USD		Other	187,490	$187,490.40	0.24%
Vistance Networks Inc.	VISN	20337X109	Information Technology	10,306	$187,053.90	0.24%
WaFd Inc.	WAFD	938824109	Financials	6,003	$189,574.74	0.24%
ASGN Incorporated	ASGN	00191U102	Information Technology	4,734	$179,986.68	0.23%
Caleres, Inc.	CAL	129500104	Consumer Discretionary	15,656	$179,261.20	0.23%
Cushman & Wakefield Ltd.	CWK	G2717C106	Real Estate	15,281	$182,607.95	0.23%
First BanCorp.	FBP	318672706	Financials	8,551	$179,827.53	0.23%
GeneDx Holdings Corp.	WGS	81663L200	Health Care	2,595	$178,198.65	0.23%
PJT Partners Inc. (Class A)	PJT	69343T107	Financials	1,349	$179,497.94	0.23%
Powell Industries, Inc.	POWL	739128106	Industrials	317	$177,665.82	0.23%
Simulations Plus, Inc.	SLP	829214105	Health Care	15,323	$177,287.11	0.23%
The Bank of N.T. Butterfield & Son Limited	NTB	G0772R208	Financials	3,458	$178,259.90	0.23%
Adaptive Biotechnologies Corporation	ADPT	00650F109	Health Care	12,555	$174,514.50	0.22%
Hub Group, Inc.	HUBG	443320106	Industrials	4,861	$175,336.27	0.22%
LivaNova Plc	LIVN	G5509L101	Health Care	2,705	$168,792.00	0.22%
PagSeguro Digital Ltd. (Class A)	PAGS	G68707101	Financials	17,155	$170,863.80	0.22%
Progyny, Inc.	PGNY	74340E103	Health Care	9,336	$168,514.80	0.22%
TETRA Technologies, Inc.	TTI	88162F105	Energy	19,914	$169,468.14	0.22%
CorMedix Inc.	CRMD	21900C308	Health Care	25,191	$162,733.86	0.21%
Crocs, Inc.	CROX	227046109	Consumer Discretionary	2,060	$164,779.40	0.21%
Gold.com Inc.	GOLD	00181T107	Consumer Discretionary	3,779	$164,386.50	0.21%
Kforce Inc.	KFRC	493732101	Industrials	6,010	$166,717.40	0.21%
Pacira BioSciences, Inc.	PCRX	695127100	Health Care	7,125	$165,300.00	0.21%
Rayonier Inc.	RYN	754907103	Real Estate	8,188	$165,807.00	0.21%
Sonos, Inc.	SONO	83570H108	Consumer Discretionary	12,264	$165,318.72	0.21%
The Buckle, Inc.	BKE	118440106	Consumer Discretionary	3,223	$161,375.61	0.21%
AnaptysBio, Inc.	ANAB	032724106	Health Care	2,451	$154,462.02	0.20%
Angi Inc. (Class A)	ANGI	00183L201	Communication Services	21,572	$155,534.12	0.20%
Astrana Health Inc.	ASTH	03763A207	Health Care	6,567	$157,739.34	0.20%
Aurinia Pharmaceuticals Inc.	AUPH	05156V102	Health Care	10,934	$155,372.14	0.20%
Boise Cascade Company	BCC	09739D100	Industrials	2,097	$154,276.29	0.20%
Euronet Worldwide, Inc.	EEFT	298736109	Financials	2,359	$159,704.30	0.20%
Gibraltar Industries, Inc.	ROCK	374689107	Industrials	3,704	$155,753.20	0.20%
Hycroft Mining Holding Corporation	HYMC	44862P208	Materials	4,772	$158,525.84	0.20%
Janus International Group, Inc.	JBI	47103N106	Industrials	29,842	$159,057.86	0.20%
Kelly Services, Inc.	KELYA	488152208	Industrials	17,829	$154,042.56	0.20%
TaskUs, Inc. (Class A)	TASK	87652V109	Industrials	14,865	$154,150.05	0.20%
Brady Corporation	BRC	104674106	Industrials	1,804	$150,904.60	0.19%
Guardian Pharmacy Services, Inc. (Class A)	GRDN	40145W101	Health Care	3,960	$148,777.20	0.19%
Hudson Technologies, Inc.	HDSN	444144109	Industrials	24,235	$148,318.20	0.19%
Ligand Pharmaceuticals Inc. (Class B)	LGND	53220K504	Health Care	720	$145,195.20	0.19%
Red Violet, Inc.	RDVT	75704L104	Information Technology	4,024	$150,537.84	0.19%
Yext, Inc.	YEXT	98585N106	Information Technology	33,149	$148,839.01	0.19%
Apogee Enterprises, Inc.	APOG	037598109	Industrials	4,213	$136,585.46	0.18%
Fresh Del Monte Produce Inc.	FDP	G36738105	Consumer Staples	3,210	$136,585.50	0.18%
SIGA Technologies, Inc.	SIGA	826917106	Health Care	27,694	$138,470.00	0.18%
The RealReal, Inc.	REAL	88339P101	Consumer Discretionary	15,873	$140,476.05	0.18%
Victoria's Secret & Co.	VSCO	926400102	Consumer Discretionary	3,269	$142,332.26	0.18%
Adeia Inc.	ADEA	00676P107	Information Technology	5,212	$131,550.88	0.17%
AMC Networks Inc. (Class A)	AMCX	00164V103	Communication Services	19,181	$129,855.37	0.17%
Cipher Digital Inc.	CIFR	17253J106	Information Technology	9,010	$134,068.80	0.17%
Emergent BioSolutions Inc.	EBS	29089Q105	Health Care	16,501	$132,173.01	0.17%
MasterBrand, Inc.	MBC	57638P104	Industrials	16,110	$135,968.40	0.17%
SunCoke Energy, Inc.	SXC	86722A103	Materials	20,583	$134,818.65	0.17%
Watts Water Technologies, Inc.	WTS	942749102	Industrials	431	$128,631.95	0.17%
Avista Corporation	AVA	05379B107	Utilities	3,240	$126,716.40	0.16%
Cathay General Bancorp	CATY	149150104	Financials	2,473	$121,102.81	0.16%
Certara, Inc.	CERT	15687V109	Health Care	20,100	$125,625.00	0.16%
Commvault Systems, Inc.	CVLT	204166102	Information Technology	1,497	$117,215.10	0.15%
GRAIL, Inc.	GRAL	384747101	Health Care	2,430	$118,219.50	0.15%
PACS Group, Inc.	PACS	69380Q107	Health Care	3,473	$117,074.83	0.15%
Preferred Bank	PFBC	740367404	Financials	1,288	$115,031.28	0.15%
Q2 Holdings, Inc.	QTWO	74736L109	Information Technology	2,495	$116,466.60	0.15%
Radian Group Inc.	RDN	750236101	Financials	3,456	$113,564.16	0.15%
Deluxe Corporation	DLX	248019101	Industrials	3,834	$106,125.12	0.14%
Healthcare Services Group, Inc.	HCSG	421906108	Industrials	5,478	$106,163.64	0.14%
American Eagle Outfitters, Inc.	AEO	02553E106	Consumer Discretionary	6,378	$104,088.96	0.13%
Medpace Holdings, Inc.	MEDP	58506Q109	Health Care	227	$104,587.98	0.13%
Otter Tail Corporation	OTTR	689648103	Utilities	1,126	$98,063.34	0.13%
OUTFRONT Media Inc.	OUT	69007J304	Real Estate	3,709	$101,774.96	0.13%
Phreesia Inc.	PHR	71944F106	Health Care	9,056	$102,151.68	0.13%
ADMA Biologics, Inc.	ADMA	000899104	Health Care	7,911	$89,631.63	0.12%
LightPath Technologies, Inc. (Class A)	LPTH	532257805	Information Technology	7,866	$93,369.42	0.12%
MAXIMUS, Inc.	MMS	577933104	Industrials	1,366	$91,699.58	0.12%
Central Pacific Financial Corp.	CPF	154760409	Financials	2,681	$85,255.80	0.11%
Cimpress Plc	CMPR	G2143T103	Industrials	1,209	$89,502.27	0.11%
Constellium SE (Class A)	CSTM	F21107101	Materials	3,420	$84,303.00	0.11%
Envista Holdings Corporation	NVST	29415F104	Health Care	3,228	$84,024.84	0.11%
Hancock Whitney Corporation	HWC	410120109	Financials	1,387	$87,949.67	0.11%
Hilltop Holdings Inc.	HTH	432748101	Financials	2,446	$86,441.64	0.11%
Inhibrx Biosciences, Inc.	INBX	45720N103	Health Care	1,382	$87,231.84	0.11%
Victory Capital Holdings, Inc. (Class A)	VCTR	92645B103	Financials	1,317	$89,016.03	0.11%
Acadian Asset Management Inc.	AAMI	10948W103	Financials	1,439	$74,741.66	0.10%
Arteris, Inc.	AIP	04302A104	Information Technology	4,926	$80,884.92	0.10%
Hawaiian Electric Industries, Inc.	HE	419870100	Utilities	5,250	$76,545.00	0.10%
MillerKnoll Inc.	MLKN	600544100	Industrials	4,114	$78,618.54	0.10%
Sally Beauty Holdings, Inc.	SBH	79546E104	Consumer Discretionary	5,818	$80,346.58	0.10%
SITE Centers Corp.	SITC	82981J851	Real Estate	14,053	$76,026.73	0.10%
Taylor Morrison Home Corporation	TMHC	87724P106	Consumer Discretionary	1,348	$79,424.16	0.10%
Apple Hospitality REIT, Inc.	APLE	03784Y200	Real Estate	5,801	$68,219.76	0.09%
Dycom Industries, Inc.	DY	267475101	Industrials	194	$68,022.22	0.09%
Grand Canyon Education, Inc.	LOPE	38526M106	Consumer Discretionary	424	$71,219.28	0.09%
Helen of Troy Limited	HELE	G4388N106	Consumer Discretionary	4,673	$69,440.78	0.09%
Inspire Medical Systems, Inc.	INSP	457730109	Health Care	1,310	$68,211.70	0.09%
Pediatrix Medical Group Inc	MD	58502B106	Health Care	3,273	$67,914.75	0.09%
The Western Union Company	WU	959802109	Financials	7,633	$69,994.61	0.09%
FirstCash Holdings, Inc.	FCFS	33768G107	Financials	300	$58,899.00	0.08%
PC Connection, Inc.	CNXN	69318J100	Information Technology	1,113	$65,678.13	0.08%
Yelp Inc.	YELP	985817105	Communication Services	2,659	$64,135.08	0.08%
Corcept Therapeutics Inc.	CORT	218352102	Health Care	1,648	$55,735.36	0.07%
MDU Resources Group, Inc.	MDU	552690109	Utilities	2,576	$52,653.44	0.07%
Murphy Oil Corporation	MUR	626717102	Energy	1,404	$54,222.48	0.07%
TriNet Group, Inc.	TNET	896288107	Industrials	1,441	$54,671.54	0.07%
Zurn Elkay Water Solutions Corp.	ZWS	98983L108	Industrials	1,162	$52,836.14	0.07%
Dorian LPG Ltd.	LPG	Y2106R110	Energy	1,440	$49,809.60	0.06%
Harrow, Inc.	HROW	415858109	Health Care	1,280	$45,056.00	0.06%
RingCentral, Inc. (Class A)	RNG	76680R206	Information Technology	1,187	$43,574.77	0.06%
Spectrum Brands Holdings, Inc.	SPB	84790A105	Consumer Staples	610	$45,274.20	0.06%
Atmus Filtration Technologies Inc.	ATMU	04956D107	Industrials	659	$39,065.52	0.05%
Avnet, Inc.	AVT	053807103	Information Technology	648	$39,670.56	0.05%
CarGurus, Inc.	CARG	141788109	Communication Services	1,222	$42,562.26	0.05%
Carter's, Inc.	CRI	146229109	Consumer Discretionary	1,029	$35,757.75	0.05%
ePlus inc.	PLUS	294268107	Information Technology	464	$35,625.92	0.05%
ExlService Holdings, Inc.	EXLS	302081104	Industrials	1,234	$37,390.20	0.05%
Prestige Consumer Healthcare Inc.	PBH	74112D101	Health Care	595	$36,890.00	0.05%
Science Applications International Corporation	SAIC	808625107	Industrials	409	$38,998.15	0.05%
The Hackett Group, Inc.	HCKT	404609109	Information Technology	3,191	$40,653.34	0.05%
ACADIA Pharmaceuticals Inc.	ACAD	004225108	Health Care	1,468	$30,769.28	0.04%
Addus HomeCare Corporation	ADUS	006739106	Health Care	289	$28,700.59	0.04%
Bath & Body Works, Inc.	BBWI	070830104	Consumer Discretionary	1,884	$34,025.04	0.04%
CONMED Corporation	CNMD	207410101	Health Care	797	$29,138.32	0.04%
Korn Ferry	KFY	500643200	Industrials	526	$32,974.94	0.04%
Park Hotels & Resorts Inc.	PK	700517105	Real Estate	3,143	$32,718.63	0.04%
SI-BONE, Inc.	SIBN	825704109	Health Care	2,201	$28,987.17	0.04%
Urban Outfitters, Inc.	URBN	917047102	Consumer Discretionary	546	$33,682.74	0.04%
Embecta Corp.	EMBC	29082K105	Health Care	2,856	$25,732.56	0.03%
ManpowerGroup Inc.	MAN	56418H100	Industrials	782	$21,794.34	0.03%
Advanced Energy Industries, Inc.	AEIS	007973100	Information Technology	14	$4,989.32	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.