NPORT-EX 2 vg_extendedmarketindex.htm
Vanguard® Extended Market Index Fund
Schedule of Investments (unaudited)
As of September 30, 2022
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
          Shares Market
Value
($000)
Common Stocks (99.2%)
Communication Services (4.1%)
* Trade Desk Inc. Class A  5,968,663    356,628
* Pinterest Inc. Class A  7,838,391    182,635
* ROBLOX Corp. Class A  4,840,754    173,493
* Liberty Media Corp.-Liberty Formula One Class C  2,771,810    162,151
* ZoomInfo Technologies Inc. Class A  3,628,131    151,148
* Snap Inc. Class A 13,865,113    136,155
* Liberty Broadband Corp. Class C  1,743,739    128,688
* Roku Inc. Class A  1,623,682     91,576
  Nexstar Media Group Inc. Class A    518,227     86,466
* Liberty Global plc Class C  4,670,274     77,060
* Iridium Communications Inc.  1,709,271     75,840
* Liberty Media Corp.-Liberty SiriusXM Class C  1,906,456     71,892
* Frontier Communications Parent Inc. 2,999,200 70,271
  New York Times Co. Class A 2,225,331 63,978
  TEGNA Inc. 2,978,845 61,603
* IAC Inc. 1,059,137 58,655
  Cable One Inc. 65,742 56,081
*,1 AMC Entertainment Holdings Inc. Class A 6,947,240 48,422
* Endeavor Group Holdings Inc. Class A 2,301,772 46,634
* Liberty Media Corp.-Liberty SiriusXM Class A 1,136,883 43,281
* Ziff Davis Inc. 630,480 43,175
  World Wrestling Entertainment Inc. Class A 585,034 41,052
  Warner Music Group Corp. Class A 1,552,315 36,029
* Madison Square Garden Sports Corp. 239,970 32,794
* Yelp Inc. Class A 956,570 32,437
1 Sirius XM Holdings Inc. 5,422,902 30,965
* TripAdvisor Inc. 1,401,309 30,941
  Cogent Communications Holdings Inc. 584,683 30,497
* Bumble Inc. Class A 1,061,905 22,820
  John Wiley & Sons Inc. Class A 579,449 21,764
* TechTarget Inc. 366,709 21,709
* Liberty Global plc Class A 1,294,940 20,188
  Telephone & Data Systems Inc. 1,354,389 18,826
* Cinemark Holdings Inc. 1,482,034 17,947
* Cargurus Inc. Class A 1,212,618 17,183
* Altice USA Inc. Class A 2,906,032 16,942
* Liberty Media Corp.-Liberty Formula One Class A 320,742 16,845
  Gray Television Inc. 1,153,708 16,521
  Shutterstock Inc. 320,429 16,076
* Madison Square Garden Entertainment Corp. 355,405 15,670
* Globalstar Inc. 9,229,129 14,674

          Shares Market
Value
($000)
*,1 Playtika Holding Corp.  1,444,263     13,562
* ZipRecruiter Inc. Class A    762,225     12,577
  Scholastic Corp.    395,152     12,155
  Shenandoah Telecommunications Co.    696,785     11,859
* Lions Gate Entertainment Corp. Class B  1,650,736     11,473
* Liberty Media Corp.-Liberty Braves Class C    413,317     11,366
* Liberty Broadband Corp. Class A    147,932     11,036
  Sinclair Broadcast Group Inc. Class A    609,867     11,032
* Liberty Latin America Ltd. Class C  1,777,809     10,934
* Magnite Inc.  1,603,062     10,532
* Cars.com Inc.    903,873     10,395
* iHeartMedia Inc. Class A  1,391,498     10,200
* Gogo Inc.    837,514     10,151
* PubMatic Inc. Class A    590,151      9,814
* Stagwell Inc. 1,401,084 9,738
* Thryv Holdings Inc. 407,027 9,292
* Radius Global Infrastructure Inc. 984,354 9,273
*,1 fuboTV Inc. 2,606,470 9,253
* Anterix Inc. 258,820 9,245
* EW Scripps Co. Class A 816,424 9,201
* Clear Channel Outdoor Holdings Inc. 6,661,407 9,126
* WideOpenWest Inc. 735,748 9,028
* Vimeo Inc. 2,194,650 8,779
* IDT Corp. Class B 302,903 7,521
* QuinStreet Inc. 704,269 7,395
* EchoStar Corp. Class A 444,785 7,326
* AMC Networks Inc. Class A 355,018 7,207
* Eventbrite Inc. Class A 1,100,109 6,689
* Lions Gate Entertainment Corp. Class A 896,872 6,664
  ATN International Inc. 156,598 6,040
* Boston Omaha Corp. Class A 249,463 5,748
*,1 Liberty Media Corp.-Liberty Braves Class A 201,046 5,659
* Nextdoor Holdings Inc. 1,894,375 5,285
* United States Cellular Corp. 192,420 5,009
* Liberty Latin America Ltd. Class A 776,037 4,804
  Marcus Corp. 336,987 4,681
* Cardlytics Inc. 474,348 4,459
* Consolidated Communications Holdings Inc. 1,031,966 4,293
*,1 AST SpaceMobile Inc. Class A 559,674 4,041
* Sciplay Corp. Class A 336,392 3,956
* Bandwidth Inc. Class A 325,780 3,877
*,1 Skillz Inc. Class A 3,769,202 3,845
* Playstudios Inc. 1,095,694 3,824
* Integral Ad Science Holding Corp. 518,569 3,754
* Ooma Inc. 303,686 3,735
  Entravision Communications Corp. Class A 845,129 3,355
*,1 FaZe Holdings Inc. 341,790 3,309
* Gannett Co. Inc. 2,079,940 3,182
* DHI Group Inc. 580,240 3,122
*,1 Innovid Corp. 1,145,227 3,104
* Angi Inc. Class A 1,032,043 3,045
* Advantage Solutions Inc. 1,427,983 3,042
* Daily Journal Corp. 11,157 2,861
* MediaAlpha Inc. Class A 297,752 2,605
*,1 Genius Brands International Inc. 4,111,607 2,473
*,1 Charge Enterprises Inc. 1,298,572 2,285
*,1 Starry Group Holdings Inc. Class A 1,475,513 2,199
*,1 Vinco Ventures Inc. 2,250,001 2,095

          Shares Market
Value
($000)
* Reservoir Media Inc.    422,740      2,063
* EverQuote Inc. Class A    286,941      1,957
  Spok Holdings Inc.    253,388      1,936
*,1 Arena Group Holdings Inc.    147,317      1,930
* Outbrain Inc.    482,460      1,761
* TrueCar Inc.  1,107,250      1,672
  Saga Communications Inc. Class A     62,836      1,643
* Cumulus Media Inc. Class A    227,630      1,600
* comScore Inc.    940,668      1,552
*,1 System1 Inc.    237,301      1,493
* AdTheorent Holding Co. Inc.    652,901      1,404
* Emerald Holding Inc.    366,898      1,240
* Lee Enterprises Inc.     68,380      1,203
* Urban One Inc. Class A    221,128      1,170
* Liberty TripAdvisor Holdings Inc. Class A 1,017,762 1,109
*,1 Golden Matrix Group Inc. 356,252 1,040
* Townsquare Media Inc. Class A 136,294 989
* Fluent Inc. 638,538 862
* KORE Group Holdings Inc. 434,608 830
*,1 Cinedigm Corp. Class A 1,881,541 743
* Chicken Soup For The Soul Entertainment Inc. 102,374 704
* Reading International Inc. Class A 211,846 697
* Harte Hanks Inc. 61,412 685
* Marchex Inc. Class B 400,100 672
* Audacy Inc. Class A 1,584,481 612
*,1 Wejo Group Ltd. 529,730 577
* CuriosityStream Inc. 392,105 572
  National CineMedia Inc. 868,027 566
* IZEA Worldwide Inc. 784,653 559
* LiveOne Inc. 770,258 547
*,1 BuzzFeed Inc. 341,559 533
* Ballantyne Strong Inc. 249,405 516
* Gaia Inc. Class A 194,110 472
* Travelzoo 102,326 453
* Zedge Inc. Class B 160,734 379
*,1,2 NII Holdings Inc. 1,297,367 337
* Loyalty Ventures Inc. 270,179 327
* Super League Gaming Inc. 414,943 280
*,1 Leafly Holdings Inc. 367,200 249
  DallasNews Corp. 52,032 241
* Salem Media Group Inc. Class A 133,017 231
*,1 Dolphin Entertainment Inc. 86,444 229
* SurgePays Inc. 45,987 209
* SPAR Group Inc. 108,259 157
*,1 Stran & Co. Inc. 103,686 146
* Kubient Inc. 128,879 126
* NextPlay Technologies Inc. 558,797 119
* Beasley Broadcast Group Inc. Class A 109,596 118
* Society Pass Inc. 71,319 111
* Insignia Systems Inc. 17,904 110
*,1 Paltalk Inc. 62,318 94
* Direct Digital Holdings Inc. Class A 32,176 72
* Creative Realities Inc. 103,597 62
*,1 Cuentas Inc. 114,035 60
* Mediaco Holding Inc. Class A 32,748 59
* Professional Diversity Network Inc. 73,847 57
*,1 Digital Media Solutions Inc. 26,272 50
* Urban One Inc. 10,730 46

          Shares Market
Value
($000)
* Motorsport Games Inc. Class A     62,787         36
* Grom Social Enterprises Inc.    105,935         35
* Moving Image Technologies Inc.     28,721         32
*,1 Troika Media Group Inc.     80,805         27
* Mobiquity Technologies Inc.      8,881         10
* NextPlat Corp.        300          1
            3,090,594
Consumer Discretionary (11.0%)
* Airbnb Inc. Class A  5,134,368    539,314
* Lululemon Athletica Inc.  1,560,932    436,374
* Rivian Automotive Inc. Class A  7,324,062    241,035
* DoorDash Inc. Class A  3,514,804    173,807
  Service Corp. International  2,112,689    121,987
  Vail Resorts Inc.    540,410    116,534
* Deckers Outdoor Corp. 356,549 111,461
  Williams-Sonoma Inc. 921,751 108,628
  Aramark 3,448,666 107,598
* Five Below Inc. 744,855 102,544
* Floor & Decor Holdings Inc. Class A 1,423,079 99,986
* Burlington Stores Inc. 887,862 99,343
  Lear Corp. 795,384 95,200
*,1 DraftKings Inc. Class A 6,043,104 91,493
  H&R Block Inc. 2,134,583 90,805
* Mattel Inc. 4,730,448 89,595
*,1 GameStop Corp. Class A 3,397,716 85,385
*,1 Lucid Group Inc. 6,073,328 84,844
  Churchill Downs Inc. 444,672 81,886
1 Dick's Sporting Goods Inc. 761,519 79,685
  Lithia Motors Inc. Class A 368,302 79,019
  Murphy USA Inc. 286,455 78,749
  Texas Roadhouse Inc. Class A 897,583 78,323
  Gentex Corp. 3,149,901 75,094
  Wyndham Hotels & Resorts Inc. 1,208,965 74,170
  Polaris Inc. 751,845 71,914
* TopBuild Corp. 433,944 71,505
* Capri Holdings Ltd. 1,850,242 71,123
  Autoliv Inc. 1,050,377 69,987
* RH 268,456 66,059
  Brunswick Corp. 996,689 65,233
* Planet Fitness Inc. Class A 1,129,733 65,140
  Marriott Vacations Worldwide Corp. 527,489 64,280
* Terminix Global Holdings Inc. 1,623,548 62,166
  Harley-Davidson Inc. 1,777,657 62,005
  Toll Brothers Inc. 1,414,684 59,417
  Leggett & Platt Inc. 1,777,246 59,040
* Penn Entertainment Inc. 2,134,113 58,709
* Skechers USA Inc. Class A 1,807,082 57,321
* Crocs Inc. 827,374 56,807
  Macy's Inc. 3,585,027 56,177
  Tempur Sealy International Inc. 2,305,796 55,662
* Light & Wonder Inc. 1,266,547 54,310
* Hyatt Hotels Corp. Class A 667,709 54,058
* AutoNation Inc. 516,003 52,565
  Boyd Gaming Corp. 1,083,591 51,633
  Thor Industries Inc. 729,088 51,022
  Wingstop Inc. 402,149 50,438
  Academy Sports & Outdoors Inc. 1,142,920 48,208
* Bright Horizons Family Solutions Inc. 779,036 44,911

          Shares Market
Value
($000)
* Fox Factory Holding Corp.    566,819     44,824
* Asbury Automotive Group Inc.    296,132     44,746
  Kohl's Corp.  1,727,033     43,435
  Wendy's Co.  2,285,676     42,719
  Choice Hotels International Inc.    388,212     42,517
* Ollie's Bargain Outlet Holdings Inc.    783,753     40,442
  PVH Corp.    896,197     40,150
* Visteon Corp.    375,750     39,852
  Travel + Leisure Co.  1,115,229     38,052
* Goodyear Tire & Rubber Co.  3,755,327     37,891
* Skyline Champion Corp.    704,842     37,265
  Signet Jewelers Ltd.    628,623     35,951
* Topgolf Callaway Brands Corp.  1,859,606     35,816
* Chegg Inc.  1,684,738     35,497
* Grand Canyon Education Inc. 430,786 35,432
* Hilton Grand Vacations Inc. 1,074,213 35,331
* Adient plc 1,254,671 34,817
* Taylor Morrison Home Corp. Class A 1,488,673 34,716
  Penske Automotive Group Inc. 352,372 34,684
* National Vision Holdings Inc. 1,058,923 34,574
  Carter's Inc. 525,451 34,433
  LCI Industries 339,206 34,416
* Meritage Homes Corp. 479,261 33,678
  Foot Locker Inc. 1,076,061 33,498
* YETI Holdings Inc. 1,156,925 32,995
  Hanesbrands Inc. 4,707,935 32,767
* Victoria's Secret & Co. 1,111,761 32,374
* Duolingo Inc. Class A 333,883 31,796
  Columbia Sportswear Co. 470,411 31,659
* Dorman Products Inc. 375,773 30,858
  Papa John's International Inc. 438,318 30,687
* Helen of Troy Ltd. 317,888 30,657
  Group 1 Automotive Inc. 213,590 30,516
*,1 QuantumScape Corp. Class A 3,611,986 30,377
*,1 Leslie's Inc. 2,021,255 29,733
*,1 Wayfair Inc. Class A 902,266 29,369
* Peloton Interactive Inc. Class A 4,148,994 28,753
  KB Home 1,106,887 28,691
  Cracker Barrel Old Country Store Inc. 307,462 28,465
*,1 Chewy Inc. Class A 912,028 28,017
  Graham Holdings Co. Class B 51,201 27,545
*,1 Carvana Co. Class A 1,337,911 27,160
  Steven Madden Ltd. 994,372 26,520
  Installed Building Products Inc. 322,207 26,096
* SeaWorld Entertainment Inc. 570,366 25,957
1 Nordstrom Inc. 1,478,460 24,735
* Boot Barn Holdings Inc. 409,142 23,918
* Sonos Inc. 1,673,250 23,258
* Stride Inc. 552,059 23,203
  Gap Inc. 2,816,847 23,126
* Cavco Industries Inc. 111,370 22,915
  Red Rock Resorts Inc. Class A 666,422 22,832
* Shake Shack Inc. Class A 503,210 22,634
*,1 Xometry Inc. Class A 397,153 22,554
  Winnebago Industries Inc. 423,803 22,551
* Under Armour Inc. Class C 3,743,096 22,309
* LGI Homes Inc. 272,569 22,179
*,1 Luminar Technologies Inc. Class A 3,041,384 22,156

          Shares Market
Value
($000)
  Bloomin' Brands Inc.  1,195,591     21,915
* Frontdoor Inc.  1,069,037     21,798
  Kontoor Brands Inc.    644,160     21,650
* Gentherm Inc.    435,243     21,645
* Adtalem Global Education Inc.    588,631     21,456
  MDC Holdings Inc.    779,633     21,378
*,1 iRobot Corp.    374,543     21,098
  American Eagle Outfitters Inc.  2,118,747     20,615
  Jack in the Box Inc.    273,735     20,276
* Tri Pointe Homes Inc.  1,323,893     20,004
* ODP Corp.    566,500     19,912
  ADT Inc.  2,651,332     19,858
  Dana Inc.  1,703,237     19,468
* Tenneco Inc. Class A  1,117,960     19,441
* Everi Holdings Inc. 1,184,959 19,220
  Acushnet Holdings Corp. 436,382 18,978
  Monro Inc. 432,195 18,783
* Vista Outdoor Inc. 768,666 18,694
*,1 Sweetgreen Inc. Class A 1,004,626 18,586
  Levi Strauss & Co. Class A 1,283,290 18,569
  Cheesecake Factory Inc. 633,615 18,552
  Strategic Education Inc. 295,473 18,145
* Dave & Buster's Entertainment Inc. 576,089 17,876
  Oxford Industries Inc. 196,338 17,627
* Six Flags Entertainment Corp. 994,128 17,596
* Sally Beauty Holdings Inc. 1,381,177 17,403
  Century Communities Inc. 397,591 17,009
* XPEL Inc. 263,020 16,949
  Wolverine World Wide Inc. 1,057,468 16,274
* Urban Outfitters Inc. 805,623 15,830
  Laureate Education Inc. Class A 1,486,591 15,684
* Brinker International Inc. 611,533 15,276
*,1 Fisker Inc. Class A 1,959,192 14,792
* Overstock.com Inc. 593,120 14,442
* M/I Homes Inc. 386,096 13,988
  La-Z-Boy Inc. 603,259 13,616
* Malibu Boats Inc. Class A 281,670 13,517
  Dine Brands Global Inc. 211,392 13,436
1 Camping World Holdings Inc. Class A 527,525 13,357
  Patrick Industries Inc. 302,132 13,245
  Buckle Inc. 406,538 12,871
* Coursera Inc. 1,171,755 12,632
1 Dillard's Inc. Class A 46,068 12,566
  Sturm Ruger & Co. Inc. 241,433 12,262
  Rent-A-Center Inc. 694,966 12,169
* Revolve Group Inc. Class A 556,970 12,081
*,1 Petco Health & Wellness Co. Inc. Class A 1,048,204 11,698
  Caleres Inc. 469,554 11,373
  Designer Brands Inc. Class A 736,357 11,274
*,1 Warby Parker Inc. Class A 844,106 11,260
* Playa Hotels & Resorts NV 1,886,652 10,980
* American Axle & Manufacturing Holdings Inc. 1,600,771 10,933
* Abercrombie & Fitch Co. Class A 694,732 10,803
*,1 Dutch Bros Inc. Class A 344,581 10,734
* Udemy Inc. 877,025 10,603
  Sonic Automotive Inc. Class A 242,439 10,498
1 Krispy Kreme Inc. 902,189 10,402
* Under Armour Inc. Class A 1,558,738 10,366

          Shares Market
Value
($000)
* Monarch Casino & Resort Inc.    184,619     10,365
  Arko Corp.  1,049,518      9,855
* Golden Entertainment Inc.    279,937      9,767
  Qurate Retail Inc. Class A  4,839,660      9,728
* Modine Manufacturing Co.    735,433      9,516
* Sleep Number Corp.    278,844      9,428
* Mister Car Wash Inc.  1,077,189      9,242
* TravelCenters of America Inc.    170,298      9,184
* Funko Inc. Class A    452,994      9,160
  Franchise Group Inc.    372,740      9,058
* G-III Apparel Group Ltd.    605,636      9,054
* Poshmark Inc. Class A    572,389      8,969
* MarineMax Inc.    296,117      8,821
* GoPro Inc. Class A  1,788,916      8,819
  Winmark Corp. 40,228 8,703
* Perdoceo Education Corp. 843,389 8,687
  Standard Motor Products Inc. 263,016 8,548
  Hibbett Inc. 169,877 8,462
* Chico's FAS Inc. 1,726,618 8,357
*,1 Solid Power Inc. 1,550,062 8,153
*,1 Portillo's Inc. Class A 409,279 8,059
* BJ's Restaurants Inc. 337,214 8,043
* Green Brick Partners Inc. 358,745 7,670
*,1 EVgo Inc. 965,600 7,638
  Ruth's Hospitality Group Inc. 447,716 7,548
* Life Time Group Holdings Inc. 769,978 7,507
  RCI Hospitality Holdings Inc. 111,592 7,291
* PowerSchool Holdings Inc. Class A 434,187 7,247
* OneSpaWorld Holdings Ltd. 848,807 7,130
* Genesco Inc. 180,323 7,090
*,1 Bally's Corp. 358,116 7,076
* Denny's Corp. 732,063 6,889
* 2U Inc. 1,074,667 6,717
* Stoneridge Inc. 394,593 6,688
*,1 Vizio Holding Corp. Class A 757,525 6,621
  Movado Group Inc. 233,805 6,589
  Ethan Allen Interiors Inc. 306,309 6,475
  Smith & Wesson Brands Inc. 624,398 6,475
  European Wax Center Inc. Class A 344,085 6,348
1 Big Lots Inc. 403,248 6,295
* Accel Entertainment Inc. Class A 792,408 6,189
*,1 Workhorse Group Inc. 2,124,195 6,096
* Liquidity Services Inc. 372,090 6,050
  Carriage Services Inc. Class A 187,397 6,027
1 Guess? Inc. 403,432 5,918
  PetMed Express Inc. 298,781 5,832
*,1 Bed Bath & Beyond Inc. 939,954 5,724
* Children's Place Inc. 181,962 5,621
*,1 Cricut Inc. Class A 602,731 5,581
*,1 Bowlero Corp. 447,587 5,510
* ContextLogic Inc. Class A 7,188,832 5,276
  Shoe Carnival Inc. 243,866 5,228
* America's Car-Mart Inc. 85,598 5,223
* Chuy's Holdings Inc. 224,848 5,212
  Haverty Furniture Cos. Inc. 206,507 5,142
* Sportsman's Warehouse Holdings Inc. 615,827 5,111
  Clarus Corp. 368,632 4,965
*,1 Vuzix Corp. 850,874 4,927

          Shares Market
Value
($000)
* Zumiez Inc.    228,612      4,922
* OneWater Marine Inc. Class A    162,504      4,893
* MasterCraft Boat Holdings Inc.    252,646      4,762
* Xponential Fitness Inc. Class A    259,349      4,736
* Rover Group Inc. Class A  1,412,580      4,718
*,1 Garrett Motion Inc.    812,405      4,590
*,1 Lordstown Motors Corp.  2,384,719      4,364
* Target Hospitality Corp.    343,968      4,341
  Aaron's Co. Inc.    445,408      4,329
* Kura Sushi USA Inc. Class A     56,784      4,178
* Motorcar Parts of America Inc.    274,315      4,175
*,1 Allbirds Inc. Class A  1,345,236      4,090
* Destination XL Group Inc.    732,746      3,971
  Johnson Outdoors Inc. Class A     76,550      3,928
* Beazer Homes USA Inc. 398,916 3,858
*,1 Canoo Inc. 2,025,844 3,798
* Lovesac Co. 185,619 3,783
* Universal Electronics Inc. 191,137 3,760
* Vivint Smart Home Inc. 547,422 3,602
*,1 AMMO Inc. 1,199,734 3,515
* Stitch Fix Inc. Class A 876,789 3,463
* CarParts.com Inc. 649,616 3,359
*,1 Membership Collective Group Inc. Class A 673,019 3,177
* Tupperware Brands Corp. 483,684 3,168
* Inspired Entertainment Inc. 350,493 3,095
* Holley Inc. 751,541 3,044
1 Big 5 Sporting Goods Corp. 282,616 3,035
* LL Flooring Holdings Inc. 432,292 2,996
*,1 Sonder Holdings Inc. 1,789,368 2,970
* WW International Inc. 740,517 2,910
* Lindblad Expeditions Holdings Inc. 419,426 2,835
* Rush Street Interactive Inc. 768,882 2,829
*,1 Vacasa Inc. Class A 912,418 2,801
* Quotient Technology Inc. 1,207,715 2,790
  Build-A-Bear Workshop Inc. 205,300 2,737
*,1 Dream Finders Homes Inc. Class A 252,169 2,673
* Full House Resorts Inc. 462,908 2,602
  Nathan's Famous Inc. 40,632 2,587
* Universal Technical Institute Inc. 470,925 2,562
*,1 GrowGeneration Corp. 725,080 2,538
* Century Casinos Inc. 380,189 2,494
* Legacy Housing Corp. 144,516 2,478
  Cato Corp. Class A 259,186 2,473
*,1 Traeger Inc. 873,793 2,464
* Arhaus Inc. Class A 346,221 2,441
* El Pollo Loco Holdings Inc. 269,009 2,400
* Noodles & Co. Class A 507,164 2,384
*,1 Party City Holdco Inc. 1,506,232 2,380
1 Vivid Seats Inc. Class A 308,608 2,364
* American Public Education Inc. 258,110 2,359
* Hovnanian Enterprises Inc. Class A 65,743 2,347
  Tilly's Inc. Class A 329,794 2,282
* Porch Group Inc. 1,013,957 2,281
* 1-800-Flowers.com Inc. Class A 350,145 2,272
* Fossil Group Inc. 656,789 2,246
* Container Store Group Inc. 456,833 2,238
*,1 Groupon Inc. Class A 279,690 2,226
  Hooker Furnishings Corp. 163,949 2,212

          Shares Market
Value
($000)
* ONE Group Hospitality Inc.    328,361      2,180
*,1 Volta Inc.  1,793,031      2,170
* RumbleON Inc. Class B    127,277      2,154
* PlayAGS Inc.    404,403      2,143
* Purple Innovation Inc. Class A    526,107      2,131
* 1stdibs.com Inc.    337,497      2,123
* JAKKS Pacific Inc.    108,436      2,096
  Bassett Furniture Industries Inc.    128,488      2,015
*,1 Vroom Inc.  1,716,710      1,991
* BARK Inc.  1,077,810      1,962
* First Watch Restaurant Group Inc.    133,390      1,931
*,1 Mullen Automotive Inc.  5,887,025      1,930
* Snap One Holdings Corp.    187,626      1,903
* Unifi Inc.    198,648      1,889
* Lincoln Educational Services Corp. 346,233 1,884
  Rocky Brands Inc. 91,776 1,841
* Nerdy Inc. 865,150 1,825
* Citi Trends Inc. 117,624 1,824
  Weyco Group Inc. 86,824 1,766
* American Outdoor Brands Inc. 199,836 1,753
  Bluegreen Vacations Holding Corp. Class A 105,135 1,737
* Lazydays Holdings Inc. 128,152 1,730
* VOXX International Corp. Class A 220,373 1,677
* RealReal Inc. 1,083,737 1,626
* Fiesta Restaurant Group Inc. 255,912 1,622
* Latham Group Inc. 443,434 1,592
1 Weber Inc. Class A 242,044 1,590
* Conn's Inc. 222,465 1,575
  Tile Shop Holdings Inc. 436,590 1,537
* Red Robin Gourmet Burgers Inc. 216,678 1,458
  Flexsteel Industries Inc. 92,079 1,446
* Potbelly Corp. 316,599 1,434
* ThredUp Inc. Class A 770,908 1,418
*,1 Rent the Runway Inc. Class A 633,826 1,394
*,1 Faraday Future Intelligent Electric Inc. 2,168,054 1,379
* Cooper-Standard Holdings Inc. 235,733 1,377
* Lakeland Industries Inc. 118,707 1,369
*,1 Beachbody Co. Inc. 1,290,565 1,303
*,1 PLBY Group Inc. 320,816 1,293
* StoneMor Inc. 373,699 1,282
  Escalade Inc. 128,370 1,277
* Lands' End Inc. 163,048 1,259
* GAN Ltd. 551,454 1,224
* Duluth Holdings Inc. Class B 171,333 1,206
* XL Fleet Corp. 1,345,824 1,198
* Delta Apparel Inc. 85,481 1,196
  Superior Group of Cos. Inc. 133,063 1,182
  Marine Products Corp. 138,653 1,173
  Hamilton Beach Brands Holding Co. Class A 99,760 1,164
*,1 Grove Collaborative Holdings 516,700 1,157
* Strattec Security Corp. 55,213 1,148
* XpresSpa Group Inc. 1,491,550 1,141
* Superior Industries International Inc. 376,611 1,137
* Barnes & Noble Education Inc. 473,255 1,136
*,1 Global Business Travel Group I 199,200 1,127
* Vera Bradley Inc. 367,525 1,106
  Lifetime Brands Inc. 159,603 1,081
1 JOANN Inc. 158,866 1,052

          Shares Market
Value
($000)
*,1 Inspirato Inc.    427,344      1,009
* Express Inc.    918,336      1,001
*,1 F45 Training Holdings Inc.    299,733        926
* J. Jill Inc.     54,078        898
* Landsea Homes Corp.    187,775        896
* Brilliant Earth Group Inc. Class A    149,614        857
  Carrols Restaurant Group Inc.    519,956        848
*,1 Aterian Inc.    662,888        822
* Biglari Holdings Inc. Class A      1,330        783
* Polished.com Inc.  1,464,329        762
* Biglari Holdings Inc. Class B      6,433        744
* Drive Shack Inc.  1,191,290        739
  Ark Restaurants Corp.     38,415        714
* Nautilus Inc.    434,117        708
* Solo Brands Inc. Class A 183,281 696
*,1 Shift Technologies Inc. Class A 963,316 674
* Envirotech Vehicles Inc. 142,371 663
  Culp Inc. 147,635 644
*,1 Torrid Holdings Inc. 149,855 625
*,1 Boxed Inc. 656,465 605
* Koss Corp. 94,332 599
*,1 Arcimoto Inc. 393,216 543
*,1 Kirkland's Inc. 179,720 541
*,1 Hall of Fame Resort & Entertainment Co. 960,911 529
* Live Ventures Inc. 19,993 501
  Crown Crafts Inc. 81,882 473
*,1 Regis Corp. 455,543 460
  AMCON Distributing Co. 2,113 444
* BurgerFi International Inc. 167,609 436
* Charles & Colvard Ltd. 443,539 430
* Horizon Global Corp. 296,562 365
* Lulu's Fashion Lounge Holdings Inc. 77,693 362
* Sypris Solutions Inc. 190,093 354
* Rave Restaurant Group Inc. 246,099 345
*,1 Remark Holdings Inc. 1,193,540 317
* CarLotz Inc. Class A 907,418 272
*,1 Waitr Holdings Inc. 1,778,202 260
* Vince Holding Corp. 40,117 251
* Volcon Inc. 127,464 251
* Envela Corp. 43,772 221
  Flanigan's Enterprises Inc. 8,326 212
* AYRO Inc. 351,561 207
* Dixie Group Inc. 188,449 204
* Forward Industries Inc. 139,573 186
  Canterbury Park Holding Corp. 8,278 184
*,1 Harbor Custom Development Inc. 201,700 177
*,1 Kaival Brands Innovations Group Inc. 154,970 157
  Educational Development Corp. 64,641 156
*,1 Greenlane Holdings Inc. Class A 79,967 130
* Aspen Group Inc. 331,830 127
* iMedia Brands Inc. 187,383 120
* Xcel Brands Inc. 113,019 108
* Lottery.com Inc. 457,623 103
* Twin Vee PowerCats Co. 39,000 95
* Allied Esports Entertainment Inc. 77,728 91
* Good Times Restaurants Inc. 41,638 90
*,1 Tuesday Morning Corp. 745,168 90
* Zovio Inc. Class A 419,786 60

          Shares Market
Value
($000)
*,1 Yunhong CTI Ltd.     80,660         53
*,1 Nova Lifestyle Inc.     60,182         45
* TRxADE HEALTH Inc.     39,629         45
* Esports Entertainment Group Inc.    338,557         42
* Nephros Inc.     44,580         41
*,2 Zagg Inc. CVR    448,712         40
* Emerson Radio Corp.     68,379         39
*,1 Amesite Inc.    145,556         35
* EBET Inc.     27,374         33
* iPower Inc.     42,702         29
* Kidpik Corp.     19,500         29
* Digital Brands Group Inc.    249,647         23
* Worksport Ltd.     12,350         21
*,1 Toughbuilt Industries Inc.      8,301         17
  Jerash Holdings US Inc. 2,870 12
* Unique Fabricating Inc. 17,733 9
* Amergent Hospitality Group Inc. 19,975 2
  FAT Brands Inc. Class B 208 2
            8,294,735
Consumer Staples (2.8%)
  Bunge Ltd. 2,039,192 168,376
* Darling Ingredients Inc. 2,153,534 142,456
* BJ's Wholesale Club Holdings Inc. 1,815,264 132,169
  Casey's General Stores Inc. 499,346 101,128
* Performance Food Group Co. 2,080,827 89,372
* US Foods Holding Corp. 2,744,597 72,567
  Ingredion Inc. 879,085 70,784
  Flowers Foods Inc. 2,576,956 63,625
* Post Holdings Inc. 724,655 59,356
  Albertsons Cos. Inc. Class A 2,142,287 53,257
* Celsius Holdings Inc. 542,712 49,213
* Hostess Brands Inc. Class A 1,832,336 42,583
* Boston Beer Co. Inc. Class A 127,127 41,145
* Sprouts Farmers Market Inc. 1,444,862 40,095
  Lancaster Colony Corp. 264,665 39,774
* Grocery Outlet Holding Corp. 1,192,693 39,705
* BellRing Brands Inc. 1,821,458 37,540
* Simply Good Foods Co. 1,150,764 36,813
  WD-40 Co. 181,657 31,924
* Freshpet Inc. 631,520 31,633
* Coty Inc. Class A 4,835,094 30,558
* TreeHouse Foods Inc. 680,385 28,862
  Cal-Maine Foods Inc. 518,695 28,834
  J & J Snack Foods Corp. 205,413 26,595
* United Natural Foods Inc. 773,234 26,576
* Herbalife Nutrition Ltd. 1,322,266 26,300
  Edgewell Personal Care Co. 691,617 25,866
  Coca-Cola Consolidated Inc. 60,609 24,955
* elf Beauty Inc. 661,014 24,867
  Nu Skin Enterprises Inc. Class A 694,512 23,176
  Energizer Holdings Inc. 910,704 22,895
  MGP Ingredients Inc. 206,009 21,870
  Spectrum Brands Holdings Inc. 544,950 21,269
* Hain Celestial Group Inc. 1,168,611 19,726
  PriceSmart Inc. 333,741 19,220
  Reynolds Consumer Products Inc. 729,603 18,977
  Inter Parfums Inc. 248,068 18,719
* Beauty Health Co. 1,456,123 17,168

          Shares Market
Value
($000)
* Central Garden & Pet Co. Class A    477,533     16,313
  Medifast Inc.    147,111     15,941
1 B&G Foods Inc.    962,678     15,875
  Weis Markets Inc.    222,405     15,844
  Ingles Markets Inc. Class A    192,402     15,240
  Vector Group Ltd.  1,701,309     14,989
  Universal Corp.    319,435     14,707
  SpartanNash Co.    497,975     14,451
* Pilgrim's Pride Corp.    613,940     14,133
  Andersons Inc.    439,195     13,628
  Utz Brands Inc.    901,237     13,609
* Chefs' Warehouse Inc.    452,170     13,099
  National Beverage Corp.    324,482     12,506
  Seaboard Corp.      3,530     12,011
*,1 Beyond Meat Inc. 841,069 11,918
* Olaplex Holdings Inc. 1,133,595 10,826
  Fresh Del Monte Produce Inc. 412,330 9,583
  John B Sanfilippo & Son Inc. 120,847 9,152
* Duckhorn Portfolio Inc. 586,059 8,457
*,1 Veru Inc. 713,800 8,223
  Tootsie Roll Industries Inc. 246,919 8,217
  Calavo Growers Inc. 249,756 7,930
* USANA Health Sciences Inc. 138,418 7,758
* Central Garden & Pet Co. 210,481 7,586
* Mission Produce Inc. 518,459 7,497
* Sovos Brands Inc. 522,279 7,437
*,1 Benson Hill Inc. 1,871,110 5,127
  Turning Point Brands Inc. 211,207 4,484
* Seneca Foods Corp. Class A 86,364 4,356
*,1 Rite Aid Corp. 795,936 3,940
* Vital Farms Inc. 320,422 3,835
* Vita Coco Co. Inc. 323,819 3,688
*,1 BRC Inc. Class A 430,525 3,328
* Landec Corp. 369,220 3,282
*,1 Tattooed Chef Inc. 635,876 3,167
*,1 22nd Century Group Inc. 3,338,095 3,095
* Honest Co. Inc. 810,819 2,838
  Limoneira Co. 192,872 2,542
* Zevia PBC Class A 580,293 2,507
* Whole Earth Brands Inc. 539,569 2,072
* HF Foods Group Inc. 531,573 2,057
  Village Super Market Inc. Class A 102,622 1,984
*,1 AppHarvest Inc. 820,732 1,617
  Alico Inc. 57,157 1,614
  Natural Grocers by Vitamin Cottage Inc. 147,698 1,594
  Oil-Dri Corp. of America 64,835 1,569
* Nature's Sunshine Products Inc. 174,217 1,436
* Thorne HealthTech Inc. 290,258 1,373
* Vintage Wine Estates Inc. 411,958 1,141
*,1 Blue Apron Holdings Inc. Class A 193,745 1,120
* Farmer Bros Co. 228,266 1,071
*,1 Local Bounti Corp. 371,774 1,056
  Lifevantage Corp. 195,139 732
* Natural Alternatives International Inc. 74,963 695
  United-Guardian Inc. 52,153 592
* Rocky Mountain Chocolate Factory Inc. 95,693 575
* Seneca Foods Corp. Class B 10,819 573
* LifeMD Inc. 269,119 530

          Shares Market
Value
($000)
* Lifeway Foods Inc.     87,562        501
* Willamette Valley Vineyards Inc.     72,806        449
*,1 Alkaline Water Co. Inc.  1,233,065        416
* Splash Beverage Group Inc.    300,623        412
  Natural Health Trends Corp.    108,942        400
* Better Choice Co. Inc.    261,363        208
* Real Good Food Co. Inc. Class A     26,099        169
* Arcadia Biosciences Inc.    300,033        158
  Mannatech Inc.      7,348        153
  Coffee Holding Co. Inc.     55,673        139
* Reed's Inc.  1,113,652        134
*,1 RiceBran Technologies     69,739        126
* Barfresh Food Group Inc.     42,900        124
* Cyanotech Corp.     51,994        112
* S&W Seed Co. 124,628 91
* Laird Superfood Inc. 46,278 84
* MedAvail Holdings Inc. 61,708 48
*,1 Jupiter Wellness Inc. 59,271 46
*,1 Guardion Health Sciences Inc. 278,115 38
* Blue Star Foods Corp. 60,570 38
* Eastside Distilling Inc. 132,920 37
* Zivo Bioscience Inc. 12,203 34
* Stryve Foods Inc. Class A 58,772 31
* Nuzee Inc. 49,869 16
* Upexi Inc. 3,560 14
* Kalera plc 2,100 3
            2,150,449
Energy (4.9%)
  Cheniere Energy Inc. 3,355,246 556,669
  Targa Resources Corp. 3,047,300 183,874
  Ovintiv Inc. 3,411,394 156,924
  Texas Pacific Land Corp. 83,256 147,965
  Chesapeake Energy Corp. 1,298,204 122,304
* Antero Resources Corp. 3,779,598 115,391
  HF Sinclair Corp. 1,950,906 105,037
* Southwestern Energy Co. 14,981,405 91,686
  NOV Inc. 5,272,923 85,316
  Range Resources Corp. 3,329,482 84,103
  Chord Energy Corp. 555,962 76,039
  PDC Energy Inc. 1,292,421 74,689
  Matador Resources Co. 1,505,583 73,653
  Murphy Oil Corp. 1,944,545 68,390
  DT Midstream Inc. 1,294,831 67,189
  SM Energy Co. 1,644,940 61,866
* Denbury Inc. 661,310 57,045
  ChampionX Corp. 2,720,940 53,249
  Helmerich & Payne Inc. 1,412,327 52,214
* TechnipFMC plc 6,082,822 51,461
* PBF Energy Inc. Class A 1,431,424 50,329
  Continental Resources Inc. 731,795 48,891
  Magnolia Oil & Gas Corp. Class A 2,258,390 44,739
  Equitrans Midstream Corp. 5,869,160 43,901
  Antero Midstream Corp. 4,535,361 41,635
* Valaris Ltd. 818,193 40,042
  Civitas Resources Inc. 692,766 39,758
  California Resources Corp. 1,023,292 39,325
* CNX Resources Corp. 2,525,270 39,217
* Peabody Energy Corp. 1,565,003 38,843

          Shares Market
Value
($000)
  Patterson-UTI Energy Inc.  2,892,963     33,790
* Kosmos Energy Ltd.  6,032,976     31,190
  Cactus Inc. Class A    803,693     30,886
1 Arch Resources Inc.    247,892     29,400
  CONSOL Energy Inc.    440,052     28,304
  New Fortress Energy Inc. Class A    640,391     27,991
* Weatherford International plc    855,027     27,609
* Liberty Energy Inc. Class A  2,130,015     27,009
* Noble Corp. plc    895,242     26,481
  Delek US Holdings Inc.    928,139     25,190
  Northern Oil & Gas Inc.    903,767     24,772
  Enviva Inc.    402,980     24,203
* Callon Petroleum Co.    690,512     24,175
* Green Plains Inc.    786,157     22,854
* Transocean Ltd. 8,828,115 21,805
* Comstock Resources Inc. 1,257,538 21,743
  World Fuel Services Corp. 809,675 18,979
* Permian Resources Corp. Class A 2,733,254 18,586
  International Seaways Inc. 527,012 18,514
* Archaea Energy Inc. Class A 992,479 17,875
  Brigham Minerals Inc. Class A 722,870 17,833
* Tellurian Inc. 6,898,654 16,488
*,1 Uranium Energy Corp. 4,539,639 15,889
* NexTier Oilfield Solutions Inc. 2,065,745 15,286
* Talos Energy Inc. 880,460 14,660
* Laredo Petroleum Inc. 228,440 14,357
* Gulfport Energy Corp. 161,764 14,282
* Tidewater Inc. 590,908 12,823
* Nabors Industries Ltd. 124,501 12,631
* Clean Energy Fuels Corp. 2,328,204 12,433
* Par Pacific Holdings Inc. 748,954 12,290
* Expro Group Holdings NV 932,462 11,880
  CVR Energy Inc. 401,986 11,650
  Archrock Inc. 1,812,627 11,637
* US Silica Holdings Inc. 1,041,051 11,399
* Oceaneering International Inc. 1,389,676 11,062
* Dril-Quip Inc. 489,244 9,550
* ProPetro Holding Corp. 1,183,449 9,527
* Diamond Offshore Drilling Inc. 1,420,496 9,418
  Core Laboratories NV 651,372 8,780
1 Kinetik Holdings Inc. Class A 267,467 8,714
  Ranger Oil Corp. 257,836 8,109
  RPC Inc. 1,157,580 8,022
* Helix Energy Solutions Group Inc. 2,033,800 7,850
* Bristow Group Inc. Class A 323,997 7,611
* W&T Offshore Inc. 1,294,349 7,585
*,1 Gevo Inc. 3,317,685 7,564
* SandRidge Energy Inc. 432,397 7,052
  Berry Corp. 927,550 6,957
* Select Energy Services Inc. Class A 951,193 6,630
*,1 Earthstone Energy Inc. Class A 507,381 6,251
* REX American Resources Corp. 219,909 6,140
* Centrus Energy Corp. Class A 149,784 6,138
  Excelerate Energy Inc. Class A 244,167 5,713
1 Crescent Energy Co. Class A 391,659 5,276
*,1 Vertex Energy Inc. 833,027 5,190
  Dorian LPG Ltd. 382,496 5,190
* TETRA Technologies Inc. 1,438,889 5,166

          Shares Market
Value
($000)
* ProFrac Holding Corp. Class A    325,103      4,945
* SilverBow Resources Inc.    181,161      4,870
* DMC Global Inc.    269,711      4,310
  Sitio Royalties Corp.    189,685      4,194
1 HighPeak Energy Inc.    176,200      3,816
  Solaris Oilfield Infrastructure Inc. Class A    402,775      3,770
* Alto Ingredients Inc.    991,180      3,608
*,1 NextDecade Corp.    582,116      3,504
* Amplify Energy Corp.    525,672      3,454
* Oil States International Inc.    863,135      3,358
1 VAALCO Energy Inc.    753,177      3,284
* Newpark Resources Inc.  1,281,356      3,229
* Overseas Shipholding Group Inc. Class A  1,032,600      3,067
  Evolution Petroleum Corp.    428,742      2,984
* Ring Energy Inc. 1,150,452 2,669
  NACCO Industries Inc. Class A 56,684 2,666
* Aemetis Inc. 417,646 2,556
*,1 American Resources Corp. 733,126 1,957
  Epsilon Energy Ltd. 291,840 1,844
* Hallador Energy Co. 316,967 1,781
*,1 Empire Petroleum Corp. 129,900 1,708
* SEACOR Marine Holdings Inc. 298,506 1,678
* Natural Gas Services Group Inc. 165,019 1,657
* Ranger Energy Services Inc. Class A 158,117 1,546
* Exterran Corp. 352,303 1,466
  PHX Minerals Inc. 391,669 1,269
* Forum Energy Technologies Inc. 58,624 1,245
*,1 Camber Energy Inc. 5,135,555 1,001
  Riley Exploration Permian Inc. 52,515 997
* Gulf Island Fabrication Inc. 221,874 925
*,1 KLX Energy Services Holdings Inc. 108,346 892
* Geospace Technologies Corp. 178,733 788
  Adams Resources & Energy Inc. 23,984 715
*,1 Nabors Industries Ltd. Warrants Exp. 6/11/26 37,085 673
* Battalion Oil Corp. 53,259 634
* Mammoth Energy Services Inc. 157,081 536
* Smart Sand Inc. 335,545 523
* Lightbridge Corp. 107,412 490
* Nine Energy Service Inc. 182,633 482
*,1 Houston American Energy Corp. 137,617 476
*,1 US Well Services Inc. 89,223 452
*,1 ENGlobal Corp. 300,286 378
* Ecoark Holdings Inc. 286,702 373
* Profire Energy Inc. 414,003 352
  US Energy Corp. Wyoming 113,757 332
* PrimeEnergy Resources Corp. 3,907 305
* Mexco Energy Corp. 16,503 268
* Independence Contract Drilling Inc. 86,020 258
* Comstock Inc. 598,635 251
* NCS Multistage Holdings Inc. 10,047 218
  Barnwell Industries Inc. 68,182 180
* PEDEVCO Corp. 173,398 175
* Enservco Corp. 132,516 171
* Superior Drilling Products Inc. 200,379 134
* MIND Technology Inc. 165,579 106
*,1 New Concept Energy Inc. 56,567 63
*,1,2 Miragen Therapeutics Inc. CVR 330,960 7

          Shares Market
Value
($000)
*,2 Pineapple Energy Inc. CVR     30,377         —
* Energy Services of America Corp.        100         —
            3,677,723
Financials (16.1%)
  Blackstone Inc.  9,427,820    789,109
  KKR & Co. Inc.  7,735,825    332,640
  Apollo Global Management Inc.  5,824,958    270,861
  LPL Financial Holdings Inc.  1,070,933    233,977
* Arch Capital Group Ltd.  4,919,757    224,046
* Markel Corp.    181,869    197,186
  First Horizon Corp.  7,184,170    164,517
* Alleghany Corp.    179,977    151,067
  First Citizens BancShares Inc. Class A    177,336    141,413
*,1 Coinbase Global Inc. Class A  2,118,131    136,598
  Fidelity National Financial Inc. 3,693,216 133,694
  Ares Management Corp. Class A 2,077,514 128,702
  East West Bancorp Inc. 1,887,647 126,737
  Equitable Holdings Inc. 4,702,846 123,920
  American Financial Group Inc. 939,476 115,490
  Ally Financial Inc. 4,130,024 114,939
  Cullen/Frost Bankers Inc. 861,075 113,851
  Reinsurance Group of America Inc. 899,649 113,185
  Webster Financial Corp. 2,367,553 107,013
  Annaly Capital Management Inc. 5,774,666 99,093
  Unum Group 2,513,846 97,537
  Commerce Bancshares Inc. 1,461,556 96,697
  Western Alliance Bancorp 1,454,241 95,602
  Interactive Brokers Group Inc. Class A 1,378,776 88,118
  Pinnacle Financial Partners Inc. 1,026,707 83,266
  RenaissanceRe Holdings Ltd. 592,122 83,128
  Prosperity Bancshares Inc. 1,226,403 81,777
  Tradeweb Markets Inc. Class A 1,445,917 81,579
  SouthState Corp. 1,025,023 81,100
  Old Republic International Corp. 3,842,487 80,423
  Voya Financial Inc. 1,305,795 79,001
  Carlyle Group Inc. 2,905,302 75,073
  Starwood Property Trust Inc. 4,106,323 74,817
  Erie Indemnity Co. Class A 334,574 74,379
  Stifel Financial Corp. 1,420,660 73,746
  Jefferies Financial Group Inc. 2,490,729 73,476
  Kinsale Capital Group Inc. 286,596 73,202
  First Financial Bankshares Inc. 1,745,654 73,021
  Synovus Financial Corp. 1,945,159 72,963
  Glacier Bancorp Inc. 1,477,654 72,597
  Popular Inc. 998,349 71,941
  Morningstar Inc. 337,362 71,629
*,1 Robinhood Markets Inc. Class A 6,805,259 68,733
  SEI Investments Co. 1,389,194 68,140
  Selective Insurance Group Inc. 817,401 66,536
  Wintrust Financial Corp. 813,323 66,326
  Old National Bancorp 3,955,488 65,147
  First American Financial Corp. 1,395,864 64,349
  United Bankshares Inc. 1,792,184 64,071
  Cadence Bank 2,462,797 62,580
  Primerica Inc. 503,280 62,130
  Hanover Insurance Group Inc. 480,274 61,542
  Valley National Bancorp 5,669,679 61,233
  AGNC Investment Corp. 7,111,107 59,876

          Shares Market
Value
($000)
  Bank OZK  1,490,911     58,980
  Affiliated Managers Group Inc.    517,513     57,884
  Home BancShares Inc.  2,553,166     57,472
  RLI Corp.    541,797     55,469
  New York Community Bancorp Inc.  6,309,244     53,818
  FNB Corp.  4,605,958     53,429
*,1 SoFi Technologies Inc. 10,929,080     53,334
  ServisFirst Bancshares Inc.    662,684     53,015
  Blackstone Mortgage Trust Inc. Class A  2,264,372     52,850
  MGIC Investment Corp.  4,114,831     52,752
  Hancock Whitney Corp.  1,139,618     52,206
  Axis Capital Holdings Ltd.  1,032,374     50,741
  Houlihan Lokey Inc. Class A    666,867     50,268
  Essent Group Ltd.  1,439,791     50,206
  Umpqua Holdings Corp. 2,920,958 49,919
  First Interstate BancSystem Inc. Class A 1,228,828 49,583
  OneMain Holdings Inc. 1,663,302 49,101
  UMB Financial Corp. 579,656 48,859
1 Lazard Ltd. Class A 1,510,394 48,076
  United Community Banks Inc. 1,438,560 47,616
  SLM Corp. 3,328,642 46,568
  Independent Bank Corp. (Massachusetts) 620,817 46,269
* Ryan Specialty Holdings Inc. Class A 1,110,261 45,099
  Rithm Capital Corp. 6,151,537 45,029
  White Mountains Insurance Group Ltd. 34,072 44,396
  CVB Financial Corp. 1,749,329 44,293
  Eastern Bankshares Inc. 2,190,697 43,025
  Community Bank System Inc. 712,985 42,836
  First Hawaiian Inc. 1,717,951 42,313
  Radian Group Inc. 2,188,229 42,211
  Blue Owl Capital Inc. Class A 4,530,897 41,820
* Brighthouse Financial Inc. 960,424 41,702
  Associated Banc-Corp 2,038,687 40,937
  Bank of Hawaii Corp. 533,988 40,647
  Assured Guaranty Ltd. 816,833 39,576
* Texas Capital Bancshares Inc. 666,944 39,370
  Ameris Bancorp 879,387 39,317
* Mr Cooper Group Inc. 970,176 39,292
  Evercore Inc. Class A 476,157 39,164
  WSFS Financial Corp. 839,216 38,990
  Pacific Premier Bancorp Inc. 1,258,207 38,954
  Federated Hermes Inc. Class B 1,155,237 38,261
  Cathay General Bancorp 988,905 38,033
  Simmons First National Corp. Class A 1,739,390 37,901
  FirstCash Holdings Inc. 502,888 36,887
  Janus Henderson Group plc 1,783,866 36,230
  Fulton Financial Corp. 2,286,969 36,134
  BankUnited Inc. 1,044,950 35,706
  American Equity Investment Life Holding Co. 956,115 35,654
  PacWest Bancorp 1,568,365 35,445
*,1 Credit Acceptance Corp. 80,462 35,242
  BOK Financial Corp. 394,424 35,049
  Hannon Armstrong Sustainable Infrastructure Capital Inc. 1,167,252 34,936
  Kemper Corp. 843,142 34,788
  First Bancorp (XNYS) 2,536,531 34,700
  Walker & Dunlop Inc. 410,431 34,365
* Enstar Group Ltd. 188,775 32,014
* Silvergate Capital Corp. Class A 421,713 31,776

          Shares Market
Value
($000)
  Columbia Banking System Inc.  1,071,012     30,942
  First Merchants Corp.    790,045     30,559
  Atlantic Union Bankshares Corp.    998,477     30,334
  International Bancshares Corp.    694,689     29,524
  Independent Bank Group Inc.    480,898     29,522
  Moelis & Co. Class A    850,960     28,771
* Trupanion Inc.    478,583     28,442
* Palomar Holdings Inc.    333,980     27,961
  Hamilton Lane Inc. Class A    460,606     27,457
  CNO Financial Group Inc.  1,517,863     27,276
  Stock Yards Bancorp Inc.    399,966     27,202
  Washington Federal Inc.    897,434     26,905
  Virtu Financial Inc. Class A  1,286,846     26,728
  Banner Corp.    451,922     26,700
  First Financial Bancorp 1,251,747 26,387
  Arbor Realty Trust Inc. 2,282,227 26,246
  WesBanco Inc. 785,187 26,202
  Trustmark Corp. 836,551 25,624
  Lakeland Financial Corp. 347,098 25,272
  Artisan Partners Asset Management Inc. Class A 919,896 24,773
  Seacoast Banking Corp. of Florida 814,173 24,612
* Axos Financial Inc. 710,361 24,316
  Park National Corp. 193,122 24,040
* Focus Financial Partners Inc. Class A 762,719 24,033
  Flagstar Bancorp Inc. 703,015 23,481
  Towne Bank 874,832 23,472
* Genworth Financial Inc. Class A 6,636,347 23,227
  Northwest Bancshares Inc. 1,713,562 23,150
  Renasant Corp. 734,489 22,975
* NMI Holdings Inc. Class A 1,117,915 22,772
  NBT Bancorp Inc. 593,506 22,524
  Heartland Financial USA Inc. 514,656 22,315
  Jackson Financial Inc. Class A 794,744 22,054
  Navient Corp. 1,476,855 21,695
* Cannae Holdings Inc. 1,042,935 21,547
* BRP Group Inc. Class A 817,669 21,546
  Bread Financial Holdings Inc. 684,529 21,528
  Enterprise Financial Services Corp. 485,776 21,394
  PJT Partners Inc. Class A 317,488 21,215
  BancFirst Corp. 235,001 21,026
  Sandy Spring Bancorp Inc. 587,001 20,698
  Hope Bancorp Inc. 1,628,566 20,585
  Cohen & Steers Inc. 326,822 20,469
  Eagle Bancorp Inc. 440,934 19,763
  TriCo Bancshares 440,165 19,653
*,1 Upstart Holdings Inc. 941,894 19,582
* StoneX Group Inc. 234,333 19,436
1 Claros Mortgage Trust Inc. 1,649,548 19,366
  Provident Financial Services Inc. 992,332 19,350
  TPG Inc. Class A 690,484 19,223
  Nelnet Inc. Class A 240,942 19,080
  Horace Mann Educators Corp. 538,797 19,014
  Piper Sandler Cos. 181,411 19,001
  Veritex Holdings Inc. 710,757 18,899
  City Holding Co. 207,657 18,417
  Westamerica Bancorp 349,943 18,299
  First Bancorp (XNGS) 490,785 17,953
  PennyMac Financial Services Inc. 411,842 17,668

          Shares Market
Value
($000)
  FB Financial Corp.    456,898     17,458
* Bancorp Inc.    785,030     17,255
* PRA Group Inc.    506,867     16,656
  Berkshire Hills Bancorp Inc.    607,099     16,574
* Triumph Bancorp Inc.    303,993     16,522
  Stewart Information Services Corp.    372,264     16,246
  Chimera Investment Corp.  3,080,427     16,080
  S&T Bancorp Inc.    546,976     16,032
  Safety Insurance Group Inc.    193,023     15,743
* LendingClub Corp.  1,412,752     15,611
  Two Harbors Investment Corp.  4,685,016     15,554
  First Commonwealth Financial Corp.  1,210,943     15,548
  OFG Bancorp    617,873     15,527
  First Busey Corp.    705,838     15,514
  Hilltop Holdings Inc. 624,040 15,507
  StepStone Group Inc. Class A 624,235 15,300
  Origin Bancorp Inc. 393,806 15,150
* Encore Capital Group Inc. 330,814 15,045
  ProAssurance Corp. 755,035 14,731
  National Bank Holdings Corp. Class A 395,003 14,611
  Southside Bancshares Inc. 407,033 14,393
  BGC Partners Inc. Class A 4,570,271 14,351
  Virtus Investment Partners Inc. 89,912 14,343
  OceanFirst Financial Corp. 766,076 14,280
  Lakeland Bancorp Inc. 890,067 14,250
  Ladder Capital Corp. Class A 1,579,872 14,156
  Apollo Commercial Real Estate Finance Inc. 1,686,720 14,000
  PennyMac Mortgage Investment Trust 1,176,101 13,854
  Capitol Federal Financial Inc. 1,665,071 13,820
  Live Oak Bancshares Inc. 448,266 13,717
  Ready Capital Corp. 1,333,616 13,523
  Pathward Financial Inc. 405,114 13,353
  Dime Community Bancshares Inc. 454,963 13,321
  CNA Financial Corp. 358,043 13,212
  Cowen Inc. Class A 340,100 13,141
  German American Bancorp Inc. 364,330 13,010
* Blucora Inc. 670,899 12,975
* Donnelley Financial Solutions Inc. 343,809 12,711
  AMERISAFE Inc. 271,779 12,700
  KKR Real Estate Finance Trust Inc. 773,551 12,570
  First Foundation Inc. 692,476 12,562
  Preferred Bank 190,994 12,459
*,1 Lemonade Inc. 586,699 12,426
  Employers Holdings Inc. 360,115 12,420
  New York Mortgage Trust Inc. 5,295,327 12,391
  Tompkins Financial Corp. 170,159 12,357
* Green Dot Corp. Class A 650,773 12,352
* Customers Bancorp Inc. 415,453 12,248
* Enova International Inc. 411,562 12,046
  Heritage Financial Corp. 452,706 11,983
  Banc of California Inc. 750,261 11,982
  James River Group Holdings Ltd. 524,884 11,973
  Premier Financial Corp. 459,059 11,798
* Nicolet Bankshares Inc. 166,369 11,719
1 Franklin BSP Realty Trust Inc. 1,084,559 11,681
  ConnectOne Bancorp Inc. 505,148 11,649
  QCR Holdings Inc. 228,226 11,626
  Washington Trust Bancorp Inc. 246,305 11,448

          Shares Market
Value
($000)
  Brookline Bancorp Inc.    981,352     11,433
* Open Lending Corp. Class A  1,419,703     11,414
  1st Source Corp.    245,733     11,377
  Federal Agricultural Mortgage Corp. Class C    112,888     11,192
  Allegiance Bancshares Inc.    267,541     11,138
  Mercury General Corp.    374,930     10,656
  Hanmi Financial Corp.    435,381     10,310
  Goosehead Insurance Inc. Class A    284,391     10,136
* PROG Holdings Inc.    674,844     10,109
  Peoples Bancorp Inc.    348,326     10,077
* Columbia Financial Inc.    471,675      9,966
  B. Riley Financial Inc.    222,502      9,906
  MFA Financial Inc.  1,269,500      9,877
  Heritage Commerce Corp.    863,868      9,796
  Broadmark Realty Capital Inc. 1,866,864 9,540
  Argo Group International Holdings Ltd. 488,489 9,408
1 Rocket Cos. Inc. Class A 1,483,401 9,375
  Kearny Financial Corp. 882,283 9,370
* Metropolitan Bank Holding Corp. 143,797 9,255
  United Fire Group Inc. 314,549 9,037
  Camden National Corp. 212,072 9,034
  Northfield Bancorp Inc. 625,670 8,953
  Community Trust Bancorp Inc. 218,788 8,872
  Horizon Bancorp Inc. 493,058 8,855
  Ellington Financial Inc. 773,092 8,790
  Victory Capital Holdings Inc. Class A 376,850 8,784
  First Bancshares Inc. 293,737 8,774
  Univest Financial Corp. 369,030 8,665
  Enact Holdings Inc. 386,718 8,574
  BrightSpire Capital Inc. Class A 1,336,400 8,433
  Redwood Trust Inc. 1,460,454 8,383
  Amerant Bancorp Inc. Class A 332,763 8,266
* Ambac Financial Group Inc. 639,707 8,156
  Ares Commercial Real Estate Corp. 774,034 8,089
  Peapack-Gladstone Financial Corp. 233,564 7,859
  TFS Financial Corp. 596,612 7,756
1 ARMOUR Residential REIT Inc. 1,568,422 7,638
  Cambridge Bancorp 95,526 7,617
  TrustCo Bank Corp. 242,055 7,605
* Oscar Health Inc. Class A 1,522,499 7,597
  Great Southern Bancorp Inc. 132,287 7,550
  Old Second Bancorp Inc. 578,374 7,548
  HarborOne Bancorp Inc. 548,772 7,365
  Diamond Hill Investment Group Inc. 44,602 7,359
  WisdomTree Investments Inc. 1,556,818 7,286
  Merchants Bancorp 315,696 7,283
  Central Pacific Financial Corp. 348,066 7,201
  First Mid Bancshares Inc. 220,349 7,045
  Flushing Financial Corp. 363,629 7,043
* CrossFirst Bankshares Inc. 533,620 6,964
  Midland States Bancorp Inc. 287,752 6,782
  Brightsphere Investment Group Inc. 454,764 6,781
  Dynex Capital Inc. 580,733 6,766
  A-Mark Precious Metals Inc. 232,592 6,603
  CBTX Inc. 223,682 6,543
* SiriusPoint Ltd. 1,304,399 6,457
  Business First Bancshares Inc. 298,851 6,434
  Bank First Corp. 83,949 6,420

          Shares Market
Value
($000)
  First Community Bankshares Inc.    199,296      6,383
  HomeStreet Inc.    217,797      6,275
* MBIA Inc.    670,527      6,169
  First Financial Corp.    136,486      6,168
  Arrow Financial Corp.    213,012      6,139
  Mercantile Bank Corp.    205,887      6,117
  TPG RE Finance Trust Inc.    858,882      6,012
  MidWestOne Financial Group Inc.    217,662      5,940
* EZCORP Inc. Class A    765,990      5,906
  Independent Bank Corp. (Michigan)    303,274      5,793
* Carter Bankshares Inc.    359,589      5,789
  Byline Bancorp Inc.    280,411      5,678
  National Western Life Group Inc. Class A     32,972      5,632
* Coastal Financial Corp.    140,186      5,571
  Bank of Marin Bancorp 183,930 5,509
  Southern Missouri Bancorp Inc. 107,934 5,508
  Farmers National Banc Corp. 416,371 5,450
  Hingham Institution For Savings 21,465 5,390
  Capital City Bank Group Inc. 172,765 5,375
  Bar Harbor Bankshares 202,285 5,365
  CNB Financial Corp. 226,856 5,347
  Waterstone Financial Inc. 323,527 5,228
  Financial Institutions Inc. 215,311 5,183
  Equity Bancshares Inc. Class A 173,342 5,136
1 Invesco Mortgage Capital Inc. 462,242 5,131
  Metrocity Bankshares Inc. 260,969 5,125
  GCM Grosvenor Inc. Class A 641,563 5,062
  SmartFinancial Inc. 204,788 5,060
  Citizens & Northern Corp. 209,102 5,056
  Bridge Investment Group Holdings Inc. Class A 346,589 5,026
  First of Long Island Corp. 291,090 5,018
  South Plains Financial Inc. 181,110 4,991
* World Acceptance Corp. 51,251 4,962
  Mid Penn Bancorp Inc. 172,371 4,952
* AssetMark Financial Holdings Inc. 264,828 4,844
  Republic Bancorp Inc. Class A 125,843 4,820
* Professional Holding Corp. Class A 183,487 4,760
  Capstar Financial Holdings Inc. 253,366 4,695
* Southern First Bancshares Inc. 112,636 4,692
  Alerus Financial Corp. 211,273 4,669
* Bridgewater Bancshares Inc. 283,296 4,666
  Amalgamated Financial Corp. 204,171 4,604
* Blue Foundry Bancorp 405,607 4,523
  American National Bankshares Inc. 139,995 4,473
  First Internet Bancorp 130,572 4,421
  Peoples Financial Services Corp. 93,637 4,386
  P10 Inc. Class A 415,595 4,372
  Home Bancorp Inc. 112,003 4,367
  Five Star Bancorp 153,117 4,342
  Farmers & Merchants Bancorp Inc. 159,967 4,298
  Granite Point Mortgage Trust Inc. 653,386 4,208
  West Bancorp Inc. 199,877 4,159
1 Orchid Island Capital Inc. 506,893 4,157
  Civista Bancshares Inc. 199,556 4,143
  Shore Bancshares Inc. 238,396 4,129
  MVB Financial Corp. 148,233 4,125
*,1 Hippo Holdings Inc. 210,442 3,899
  Universal Insurance Holdings Inc. 395,366 3,894

          Shares Market
Value
($000)
*,1 NerdWallet Inc. Class A    434,196      3,851
  John Marshall Bancorp Inc.    155,700      3,824
  Esquire Financial Holdings Inc.    101,788      3,822
  Regional Management Corp.    136,066      3,815
  Northeast Bank    103,522      3,796
  Sierra Bancorp    192,109      3,794
* LendingTree Inc.    157,254      3,752
* Bright Health Group Inc.  3,558,100      3,736
  Orrstown Financial Services Inc.    155,168      3,712
  Guaranty Bancshares Inc.    106,714      3,691
  Northrim Bancorp Inc.     88,413      3,674
1 UWM Holdings Corp. Class A  1,248,234      3,657
  ACNB Corp.    121,038      3,636
  BCB Bancorp Inc.    212,841      3,582
  RBB Bancorp 170,526 3,544
  HomeTrust Bancshares Inc. 156,267 3,453
1 Angel Oak Mortgage Inc. 288,046 3,451
  PCSB Financial Corp. 191,303 3,430
  Provident Bancorp Inc. 238,739 3,416
*,1 Hagerty Inc. Class A 375,640 3,377
  Red River Bancshares Inc. 65,868 3,256
  FS Bancorp Inc. 118,885 3,241
  Summit Financial Group Inc. 118,908 3,203
  Perella Weinberg Partners Class A 504,779 3,195
  PCB Bancorp 176,010 3,180
  HCI Group Inc. 80,973 3,174
  First Bank 232,021 3,172
  BayCom Corp. 180,145 3,167
* Third Coast Bancshares Inc. 183,095 3,133
  First Bancorp Inc. 113,699 3,132
  AFC Gamma Inc. 203,928 3,120
  Enterprise Bancorp Inc. 104,043 3,112
  First Business Financial Services Inc. 94,522 3,054
  Evans Bancorp Inc. 82,185 3,012
  Tiptree Inc. Class A 277,013 2,981
  Investors Title Co. 21,033 2,966
* Velocity Financial Inc. 273,207 2,962
* Ponce Financial Group Inc. 321,052 2,941
  Norwood Financial Corp. 110,554 2,939
  National Bankshares Inc. 86,555 2,922
  Colony Bankcorp Inc. 224,239 2,922
  Macatawa Bank Corp. 313,456 2,903
  Capital Bancorp Inc. 122,969 2,841
* FVCBankcorp Inc. 147,925 2,836
  Federal Agricultural Mortgage Corp. Class A 29,589 2,833
  Primis Financial Corp. 232,970 2,826
  Timberland Bancorp Inc. 100,093 2,768
* Ocwen Financial Corp. 118,050 2,747
  HBT Financial Inc. 151,274 2,746
  Donegal Group Inc. Class A 202,916 2,737
1 Greene County Bancorp Inc. 47,791 2,737
  Blue Ridge Bankshares Inc. 214,239 2,723
  Parke Bancorp Inc. 129,820 2,721
* Greenlight Capital Re Ltd. Class A 362,625 2,698
* Acacia Research Corp. 654,047 2,642
  Ames National Corp. 118,914 2,638
  Community Financial Corp. 75,681 2,596
  Central Valley Community Bancorp 145,091 2,570

          Shares Market
Value
($000)
  Oppenheimer Holdings Inc. Class A     81,910      2,538
  ESSA Bancorp Inc.    128,639      2,494
  Middlefield Banc Corp.     91,987      2,493
  Manning & Napier Inc. Class A    200,005      2,454
*,1 Forge Global Holdings Inc.  1,401,379      2,452
  Investar Holding Corp.    122,787      2,443
  Bankwell Financial Group Inc.     83,749      2,438
  C&F Financial Corp.     45,089      2,412
  Territorial Bancorp Inc.    129,778      2,406
  Meridian Corp.     80,998      2,363
  Sculptor Capital Management Inc. Class A    265,047      2,343
  First Northwest Bancorp    145,405      2,341
  Pzena Investment Management Inc. Class A    239,511      2,271
  Southern States Bancshares Inc.     82,939      2,260
  Bank of Princeton 79,418 2,251
  Great Ajax Corp. 299,398 2,248
  Plumas Bancorp 79,224 2,248
* California Bancorp 110,633 2,237
  Guild Holdings Co. Class A 240,275 2,220
  Codorus Valley Bancorp Inc. 117,292 2,210
  Penns Woods Bancorp Inc. 96,359 2,208
  Fidelity D&D Bancorp Inc. 54,253 2,189
  Unity Bancorp Inc. 85,948 2,158
* Maiden Holdings Ltd. 999,523 2,149
  Virginia National Bankshares Corp. 65,882 2,137
*,1 Citizens Inc. Class A 632,742 2,113
  Richmond Mutual Bancorp Inc. 155,807 2,092
* First Western Financial Inc. 83,820 2,066
  OP Bancorp 185,247 2,060
1 First Guaranty Bancshares Inc. 92,686 2,028
* Republic First Bancorp Inc. 703,196 1,990
  Luther Burbank Corp. 170,687 1,983
* Atlanticus Holdings Corp. 75,573 1,982
  Northeast Community Bancorp Inc. 158,183 1,961
  MainStreet Bancshares Inc. 84,811 1,935
*,1 ECB Bancorp Inc. 133,500 1,921
  Chemung Financial Corp. 45,707 1,914
  Randolph Bancorp Inc. 70,746 1,907
  Orange County Bancorp Inc. 49,453 1,904
  Riverview Bancorp Inc. 299,733 1,903
  Associated Capital Group Inc. Class A 51,752 1,902
  Nexpoint Real Estate Finance Inc. 126,530 1,895
  LCNB Corp. 118,557 1,880
  ChoiceOne Financial Services Inc. 86,197 1,872
  Hawthorn Bancshares Inc. 85,149 1,861
  William Penn Bancorp 163,503 1,859
  Silvercrest Asset Management Group Inc. Class A 111,299 1,820
  BankFinancial Corp. 189,619 1,794
  Medallion Financial Corp. 253,636 1,781
  Citizens Community Bancorp Inc. 145,610 1,772
  FNCB Bancorp Inc. 235,886 1,771
  Franklin Financial Services Corp. 55,477 1,751
  First Savings Financial Group Inc. 75,642 1,738
  SB Financial Group Inc. 99,437 1,676
  First United Corp. 100,991 1,671
  Peoples Bancorp of North Carolina Inc. 66,708 1,654
* Sterling Bancorp Inc. 272,457 1,643
*,1 Bakkt Holdings Inc. 711,145 1,621

          Shares Market
Value
($000)
  Seven Hills Realty Trust    177,707      1,621
  Eagle Bancorp Montana Inc.     85,140      1,618
  Western New England Bancorp Inc.    198,504      1,614
  Salisbury Bancorp Inc.     67,368      1,614
  First Community Corp.     90,477      1,583
* NI Holdings Inc.    117,275      1,567
*,1 Corebridge Financial Inc.     79,357      1,563
  Oak Valley Bancorp     85,824      1,534
  Sachem Capital Corp.    453,703      1,511
  First Financial Northwest Inc.     98,798      1,466
* Malvern Bancorp Inc.    101,094      1,453
  Ohio Valley Banc Corp.     51,092      1,421
  Finward Bancorp     41,124      1,399
  Crawford & Co. Class B    265,916      1,396
1 Cherry Hill Mortgage Investment Corp. 281,909 1,384
* USCB Financial Holdings Inc. 103,663 1,359
1 Chicago Atlantic Real Estate Finance Inc. 93,972 1,354
* Arlington Asset Investment Corp. Class A 494,024 1,344
* Oportun Financial Corp. 305,984 1,337
* Finwise Bancorp 147,364 1,331
* Security National Financial Corp. Class A 209,334 1,329
  Provident Financial Holdings Inc. 92,138 1,308
  AG Mortgage Investment Trust Inc. 318,220 1,308
  CF Bankshares Inc. 63,217 1,304
1 Ellington Residential Mortgage REIT 209,047 1,290
* eHealth Inc. 329,034 1,287
  Magyar Bancorp Inc. 102,189 1,270
  Summit State Bank 85,632 1,243
* Selectquote Inc. 1,699,801 1,241
  Old Point Financial Corp. 44,711 1,240
  Lument Finance Trust Inc. 558,181 1,206
  United Security Bancshares 183,759 1,198
* Consumer Portfolio Services Inc. 163,805 1,191
* Catalyst Bancorp Inc. 95,977 1,190
  Bank of South Carolina Corp. 72,414 1,185
* 1895 Bancorp of Wisconsin Inc. 112,527 1,170
  Greenhill & Co. Inc. 196,365 1,166
  Curo Group Holdings Corp. 286,704 1,150
* Moneylion Inc. 1,278,896 1,142
  GAMCO Investors Inc. Class A 65,849 1,123
  Westwood Holdings Group Inc. 114,381 1,101
  Western Asset Mortgage Capital Corp. 98,164 1,098
  First Capital Inc. 42,197 1,085
  Landmark Bancorp Inc. 42,200 1,079
  United Bancorp Inc. 66,947 1,076
* Kingsway Financial Services Inc. 151,199 1,049
* SWK Holdings Corp. 61,098 1,039
* Pioneer Bancorp Inc. 108,951 1,037
* FFBW Inc. 85,136 1,013
  First National Corp. 64,436 986
  HMN Financial Inc. 43,220 968
  Bank of the James Financial Group Inc. 75,721 957
  AmeriServ Financial Inc. 245,407 933
  Sound Financial Bancorp Inc. 22,590 915
  Bayfirst Financial Corp. 55,115 912
  CB Financial Services Inc. 41,665 907
* Safeguard Scientifics Inc. 237,576 886
  Union Bankshares Inc. 38,300 866

          Shares Market
Value
($000)
  Heritage Insurance Holdings Inc.    370,621        838
  Citizens Holding Co.     54,008        826
* ACRES Commercial Realty Corp.     96,782        789
  Bank7 Corp.     35,498        787
  Partners Bancorp     87,982        782
* Trean Insurance Group Inc.    229,639        781
*,1 MarketWise Inc.    340,444        776
  Community West Bancshares     55,316        772
*,1 Katapult Holdings Inc.    787,864        756
*,1 Root Inc. Class A     86,999        686
* Affinity Bancshares Inc.     46,797        684
  IF Bancorp Inc.     35,959        682
* Sunlight Financial Holdings Inc.    519,494        644
  Limestone Bancorp Inc.     32,326        634
  Pathfinder Bancorp Inc. 31,187 634
  loanDepot Inc. Class A 465,535 614
  First US Bancshares Inc. 76,671 610
* Nicholas Financial Inc. 106,813 608
  US Global Investors Inc. Class A 200,591 576
  TC Bancshares Inc. 39,885 574
  Emclaire Financial Corp. 14,701 518
  Hennessy Advisors Inc. 56,865 493
* Finance of America Cos. Inc. Class A 322,706 478
  Auburn National Bancorp Inc. 19,557 450
*,1 OppFi Inc. 192,848 444
  Manhattan Bridge Capital Inc. 76,457 431
  Cullman Bancorp Inc. 36,200 386
  Crawford & Co. Class A 64,730 372
*,1 FlexShopper Inc. 192,279 358
* Elevate Credit Inc. 313,340 345
* GoHealth Inc. Class A 968,210 344
* Midwest Holding Inc. 25,823 342
* Bogota Financial Corp. 30,064 331
  Kingstone Cos. Inc. 123,015 327
  Oconee Federal Financial Corp. 13,246 319
  Value Line Inc. 6,699 294
* Heritage Global Inc. 178,864 288
* Hallmark Financial Services Inc. 269,016 282
* Ashford Inc. 20,076 271
* Broadway Financial Corp. 235,423 266
  Atlantic American Corp. 88,286 252
*,1,2 Palisade Bio Inc. CVR 238,902 229
* Rhinebeck Bancorp Inc. 21,436 209
  United Insurance Holdings Corp. 308,517 198
* Vericity Inc. 26,052 195
* Siebert Financial Corp. 129,565 192
* Oxbridge Re Holdings Ltd. 84,970 181
  Mid-Southern Bancorp Inc. 10,175 136
* Income Opportunity Realty Investors Inc. 8,838 110
* Reliance Global Group Inc. 139,137 108
* LM Funding America Inc. 98,813 96
  Cohen & Co. Inc. 11,109 95
  Glen Burnie Bancorp 9,237 87
* Carver Bancorp Inc. 21,622 86
  Home Federal Bancorp Inc. of Louisiana 4,434 83
*,1 Marpai Inc. Class A 71,725 75
  Village Bank & Trust Financial Corp. 1,327 60
* Impac Mortgage Holdings Inc. 181,058 54

          Shares Market
Value
($000)
* Conifer Holdings Inc.     24,973         40
* Patriot National Bancorp Inc.      3,753         39
* ICC Holdings Inc.      1,500         23
* FedNat Holding Co.    178,123         20
  Kentucky First Federal Bancorp      2,051         15
  Lake Shore Bancorp Inc.         38         —
*,2 Cogent Biosciences Inc. CVR    101,693         —
            12,220,477
Health Care (14.2%)
* Alnylam Pharmaceuticals Inc.  1,612,859    322,830
* Veeva Systems Inc. Class A  1,880,557    310,066
* Seagen Inc.  1,759,052    240,691
* Insulet Corp.    933,098    214,053
* BioMarin Pharmaceutical Inc.  2,493,110    211,341
  Royalty Pharma plc Class A 4,929,762 198,078
* Horizon Therapeutics plc 3,097,414 191,699
* Avantor Inc. 9,055,292 177,484
* Neurocrine Biosciences Inc. 1,286,416 136,630
* Shockwave Medical Inc. 482,629 134,205
* Sarepta Therapeutics Inc. 1,178,300 130,249
* Repligen Corp. 693,859 129,828
* Biohaven Pharmaceutical Holding Co. Ltd. 850,654 128,593
* United Therapeutics Corp. 611,733 128,085
* Jazz Pharmaceuticals plc 843,238 112,395
* Penumbra Inc. 510,240 96,742
* Acadia Healthcare Co. Inc. 1,218,665 95,275
* Change Healthcare Inc. 3,386,749 93,102
* Novocure Ltd. 1,211,638 92,060
* Masimo Corp. 651,476 91,962
  Chemed Corp. 199,895 87,266
* Apellis Pharmaceuticals Inc. 1,257,385 85,879
* Ionis Pharmaceuticals Inc. 1,911,734 84,556
* Karuna Therapeutics Inc. 360,971 81,193
* Exact Sciences Corp. 2,387,444 77,568
* HealthEquity Inc. 1,135,584 76,277
* Tenet Healthcare Corp. 1,447,579 74,666
* Elanco Animal Health Inc. 6,014,344 74,638
* Guardant Health Inc. 1,375,756 74,057
* Halozyme Therapeutics Inc. 1,851,509 73,209
* Envista Holdings Corp. 2,197,666 72,105
  Bruker Corp. 1,353,874 71,837
* CRISPR Therapeutics AG 1,052,912 68,808
* Exelixis Inc. 4,332,492 67,933
* LHC Group Inc. 414,616 67,856
* Inspire Medical Systems Inc. 372,300 66,035
* Lantheus Holdings Inc. 931,042 65,480
* Option Care Health Inc. 2,069,575 65,130
* Syneos Health Inc. 1,379,945 65,064
  Perrigo Co. plc 1,821,398 64,951
* agilon health Inc. 2,653,484 62,145
* Globus Medical Inc. Class A 1,040,265 61,969
* Cytokinetics Inc. 1,268,135 61,441
* AMN Healthcare Services Inc. 577,898 61,234
  Encompass Health Corp. 1,341,163 60,661
  Ensign Group Inc. 748,837 59,533
* Intellia Therapeutics Inc. 1,026,081 57,419
* Natera Inc. 1,309,202 57,369
* Global Blood Therapeutics Inc. 835,479 56,896

          Shares Market
Value
($000)
* Teladoc Health Inc.  2,194,747     55,637
* Intra-Cellular Therapies Inc.  1,176,266     54,732
  Premier Inc. Class A  1,586,663     53,851
* Blueprint Medicines Corp.    805,260     53,059
* Medpace Holdings Inc.    335,623     52,750
* QuidelOrtho Corp.    729,681     52,158
* Omnicell Inc.    596,337     51,899
* Haemonetics Corp.    686,942     50,854
* iRhythm Technologies Inc.    403,039     50,493
* Alkermes plc  2,209,787     49,345
* PTC Therapeutics Inc.    960,295     48,207
* Mirati Therapeutics Inc.    676,796     47,267
* Arrowhead Pharmaceuticals Inc.  1,426,865     47,158
* Inari Medical Inc.    647,223     47,014
* Axonics Inc. 652,089 45,933
* STAAR Surgical Co. 645,711 45,555
*,1 Doximity Inc. Class A 1,486,302 44,916
* ChemoCentryx Inc. 841,401 43,467
  Azenta Inc. 1,011,041 43,333
* Merit Medical Systems Inc. 766,301 43,304
* Amedisys Inc. 436,321 42,232
* Tandem Diabetes Care Inc. 866,333 41,454
* Integra LifeSciences Holdings Corp. 976,265 41,355
* ICU Medical Inc. 272,262 41,003
* Neogen Corp. 2,919,149 40,781
* Evolent Health Inc. Class A 1,115,918 40,095
* Denali Therapeutics Inc. 1,295,001 39,744
* Ultragenyx Pharmaceutical Inc. 950,100 39,344
* 1Life Healthcare Inc. 2,257,757 38,721
* Oak Street Health Inc. 1,561,277 38,283
* Beam Therapeutics Inc. 798,777 38,054
* Progyny Inc. 1,014,125 37,583
* Maravai LifeSciences Holdings Inc. Class A 1,467,786 37,473
* 10X Genomics Inc. Class A 1,277,525 36,384
* LivaNova plc 707,011 35,895
* Amicus Therapeutics Inc. 3,350,458 34,979
* R1 RCM Inc. 1,859,781 34,462
* Insmed Inc. 1,595,231 34,361
* Glaukos Corp. 629,208 33,499
* Prestige Consumer Healthcare Inc. 666,806 33,227
  CONMED Corp. 407,655 32,682
*,1 Corcept Therapeutics Inc. 1,271,521 32,602
* Pacira BioSciences Inc. 611,204 32,510
* BioCryst Pharmaceuticals Inc. 2,476,688 31,206
  Select Medical Holdings Corp. 1,375,083 30,389
* Prothena Corp. plc 497,888 30,187
* NuVasive Inc. 688,205 30,150
* Covetrus Inc. 1,436,140 29,987
* Revance Therapeutics Inc. 1,089,706 29,422
* Arvinas Inc. 659,323 29,333
* Enovis Corp. 628,937 28,975
  Patterson Cos. Inc. 1,138,213 27,340
* Integer Holdings Corp. 437,490 27,225
* Sage Therapeutics Inc. 691,855 27,093
* Signify Health Inc. Class A 926,722 27,014
* IVERIC bio Inc. 1,498,900 26,890
* Relay Therapeutics Inc. 1,195,270 26,738
* ACADIA Pharmaceuticals Inc. 1,632,601 26,709

          Shares Market
Value
($000)
* Twist Bioscience Corp.    754,207     26,578
* Cerevel Therapeutics Holdings Inc.    862,120     24,364
* Fate Therapeutics Inc.  1,084,761     24,309
  Owens & Minor Inc.    999,515     24,088
* AtriCure Inc.    610,361     23,865
* Supernus Pharmaceuticals Inc.    700,797     23,722
* Allscripts Healthcare Solutions Inc.  1,523,242     23,199
* Prometheus Biosciences Inc.    391,553     23,106
* Nevro Corp.    489,040     22,789
* Privia Health Group Inc.    658,101     22,415
* Silk Road Medical Inc.    488,898     22,000
  Embecta Corp.    756,693     21,785
*,1 Cassava Sciences Inc.    514,781     21,528
* Xencor Inc.    827,174     21,490
* Myriad Genetics Inc. 1,111,402 21,206
* Addus HomeCare Corp. 221,607 21,106
* Apollo Medical Holdings Inc. 527,964 20,591
* Agios Pharmaceuticals Inc. 722,349 20,428
* Cano Health Inc. 2,346,827 20,347
* REVOLUTION Medicines Inc. 1,029,723 20,306
* Krystal Biotech Inc. 290,229 20,229
* Vir Biotechnology Inc. 1,028,526 19,830
* AdaptHealth Corp. Class A 1,031,723 19,376
*,1 Novavax Inc. 1,051,237 19,133
* Axsome Therapeutics Inc. 426,893 19,048
* Meridian Bioscience Inc. 601,230 18,957
*,1 Verve Therapeutics Inc. 550,487 18,909
* Ironwood Pharmaceuticals Inc. Class A 1,806,657 18,717
* Ligand Pharmaceuticals Inc. 217,214 18,704
* Arcus Biosciences Inc. 705,777 18,463
* Phreesia Inc. 722,196 18,402
* Pediatrix Medical Group Inc. 1,107,011 18,277
* Certara Inc. 1,374,998 18,260
*,1 PROCEPT BioRobotics Corp. 440,081 18,246
* Schrodinger Inc. 727,435 18,171
* Celldex Therapeutics Inc. 645,115 18,134
* Travere Therapeutics Inc. 733,049 18,062
* Harmony Biosciences Holdings Inc. 399,564 17,697
* TransMedics Group Inc. 422,251 17,625
* Recursion Pharmaceuticals Inc. Class A 1,611,311 17,144
* Iovance Biotherapeutics Inc. 1,783,429 17,085
* ModivCare Inc. 170,285 16,974
* Dynavax Technologies Corp. 1,616,870 16,880
* Syndax Pharmaceuticals Inc. 691,356 16,613
* CorVel Corp. 119,894 16,597
* Veracyte Inc. 987,704 16,396
* Pacific Biosciences of California Inc. 2,809,654 16,310
* Avid Bioservices Inc. 848,806 16,229
* Cytek Biosciences Inc. 1,077,024 15,854
* FibroGen Inc. 1,211,714 15,764
* CryoPort Inc. 644,653 15,704
* Catalyst Pharmaceuticals Inc. 1,223,936 15,703
*,1 EQRx Inc. 3,114,678 15,418
* Vericel Corp. 647,823 15,029
* NeoGenomics Inc. 1,727,432 14,873
* Vaxcyte Inc. 611,995 14,688
* Amphastar Pharmaceuticals Inc. 521,768 14,662
*,1 Lyell Immunopharma Inc. 1,961,622 14,379

          Shares Market
Value
($000)
* Figs Inc. Class A  1,714,217     14,142
* Cross Country Healthcare Inc.    488,496     13,859
* REGENXBIO Inc.    524,059     13,851
* Bridgebio Pharma Inc.  1,387,073     13,788
* Akero Therapeutics Inc.    401,713     13,678
  US Physical Therapy Inc.    179,210     13,624
* Rhythm Pharmaceuticals Inc.    549,950     13,474
* Allogene Therapeutics Inc.  1,240,941     13,402
* ImmunoGen Inc.  2,795,739     13,364
* Avanos Medical Inc.    607,594     13,233
* Alignment Healthcare Inc.  1,114,938     13,201
* Cogent Biosciences Inc.    884,745     13,200
* Enanta Pharmaceuticals Inc.    253,977     13,174
* RadNet Inc.    642,320     13,071
* Relmada Therapeutics Inc. 352,261 13,041
* Emergent BioSolutions Inc. 617,044 12,952
* Zentalis Pharmaceuticals Inc. 596,713 12,925
* Gossamer Bio Inc. 1,053,537 12,621
* CareDx Inc. 736,902 12,542
* NextGen Healthcare Inc. 707,705 12,526
  LeMaitre Vascular Inc. 245,305 12,432
* SpringWorks Therapeutics Inc. 434,996 12,410
*,1 Amylyx Pharmaceuticals Inc. 434,653 12,235
* Deciphera Pharmaceuticals Inc. 648,691 12,001
* American Well Corp. Class A 3,325,729 11,939
  National HealthCare Corp. 186,108 11,788
* Varex Imaging Corp. 555,578 11,745
* Editas Medicine Inc. Class A 959,377 11,743
* Avidity Biosciences Inc. 716,817 11,706
* Surgery Partners Inc. 497,055 11,631
* Chinook Therapeutics Inc. 589,856 11,597
* Madrigal Pharmaceuticals Inc. 174,868 11,365
* Kura Oncology Inc. 831,389 11,357
* AngioDynamics Inc. 544,786 11,146
* Brookdale Senior Living Inc. 2,603,153 11,115
* Aclaris Therapeutics Inc. 704,414 11,087
* TG Therapeutics Inc. 1,870,428 11,073
* Crinetics Pharmaceuticals Inc. 563,630 11,070
* Anavex Life Sciences Corp. 1,069,283 11,035
  Atrion Corp. 19,442 10,985
* BioLife Solutions Inc. 481,204 10,947
* Adaptive Biotechnologies Corp. 1,534,103 10,923
* uniQure NV 581,709 10,913
* MannKind Corp. 3,500,377 10,816
* Kymera Therapeutics Inc. 495,880 10,795
  Simulations Plus Inc. 221,637 10,758
* OPKO Health Inc. 5,679,697 10,735
* Forma Therapeutics Holdings Inc. 534,205 10,657
* Morphic Holding Inc. 374,937 10,611
* Outset Medical Inc. 662,285 10,550
* Geron Corp. 4,504,365 10,540
*,1 Ventyx Biosciences Inc. 301,122 10,512
* DocGo Inc. 1,057,662 10,492
* Cutera Inc. 229,898 10,483
* Fulgent Genetics Inc. 270,003 10,293
* Rocket Pharmaceuticals Inc. 642,087 10,248
* Innoviva Inc. 881,056 10,229
* Aerie Pharmaceuticals Inc. 671,334 10,157

          Shares Market
Value
($000)
*,1 23andMe Holding Co.  3,540,808     10,127
*,1 Viridian Therapeutics Inc.    485,461      9,957
* Myovant Sciences Ltd.    552,427      9,922
* Enhabit Inc.    698,741      9,810
* Heska Corp.    133,627      9,744
* Reata Pharmaceuticals Inc. Class A    387,106      9,728
* Hanger Inc.    515,386      9,648
* Pliant Therapeutics Inc.    460,830      9,627
* Multiplan Corp.  3,348,982      9,578
* Arcutis Biotherapeutics Inc.    501,103      9,576
* Treace Medical Concepts Inc.    432,308      9,541
* Accolade Inc.    820,482      9,370
* OrthoPediatrics Corp.    200,242      9,239
  Mesa Laboratories Inc.     63,939      9,005
* Cerus Corp. 2,475,855 8,913
* Sotera Health Co. 1,298,939 8,859
* Castle Biosciences Inc. 337,810 8,810
*,1 Butterfly Network Inc. 1,874,080 8,808
* Sangamo Therapeutics Inc. 1,791,034 8,776
* Coherus Biosciences Inc. 910,066 8,746
*,1 Sorrento Therapeutics Inc. 5,513,243 8,656
* Hims & Hers Health Inc. 1,530,001 8,537
* Alphatec Holdings Inc. 968,308 8,463
*,1 LifeStance Health Group Inc. 1,274,697 8,438
* Keros Therapeutics Inc. 224,085 8,430
* Nektar Therapeutics Class A 2,622,577 8,392
* UFP Technologies Inc. 96,499 8,283
* Pulmonx Corp. 495,719 8,259
*,1 CinCor Pharma Inc. 249,190 8,178
* Seres Therapeutics Inc. 1,267,220 8,136
* 2seventy bio Inc. 556,084 8,091
* Cardiovascular Systems Inc. 575,266 7,973
* MaxCyte Inc. 1,224,724 7,961
*,1 Sharecare Inc. 4,186,718 7,955
* Collegium Pharmaceutical Inc. 493,028 7,898
  National Research Corp. 198,445 7,898
* Altimmune Inc. 617,466 7,885
* Caribou Biosciences Inc. 746,223 7,873
* Alector Inc. 829,997 7,852
* Mersana Therapeutics Inc. 1,161,306 7,850
* Artivion Inc. 564,467 7,812
* Vanda Pharmaceuticals Inc. 790,565 7,811
*,1 Senseonics Holdings Inc. 5,898,569 7,786
* CTI BioPharma Corp. 1,328,846 7,734
* Theravance Biopharma Inc. 761,965 7,726
* Definitive Healthcare Corp. Class A 492,613 7,655
*,1 Clover Health Investments Corp. Class A 4,471,120 7,601
*,1 Day One Biopharmaceuticals Inc. 371,789 7,447
*,1 Bionano Genomics Inc. 4,065,228 7,439
* Replimune Group Inc. 426,711 7,369
* Nurix Therapeutics Inc. 565,060 7,363
* Health Catalyst Inc. 754,951 7,323
*,1 ImmunityBio Inc. 1,458,320 7,248
* Axogen Inc. 605,956 7,223
* Invitae Corp. 2,913,786 7,168
* AnaptysBio Inc. 280,038 7,144
* Y-mAbs Therapeutics Inc. 491,184 7,083
* Agenus Inc. 3,445,405 7,063

          Shares Market
Value
($000)
* Ideaya Biosciences Inc.    471,684      7,038
* NGM Biopharmaceuticals Inc.    537,885      7,036
* NanoString Technologies Inc.    550,940      7,036
* Inogen Inc.    289,483      7,029
*,1 Sana Biotechnology Inc.  1,169,679      7,018
* Inhibrx Inc.    387,559      6,957
*,1 DICE Therapeutics Inc.    342,858      6,953
* Mirum Pharmaceuticals Inc.    328,659      6,905
* SI-BONE Inc.    393,606      6,872
* Agiliti Inc.    473,814      6,780
* Design Therapeutics Inc.    400,687      6,699
* RAPT Therapeutics Inc.    277,795      6,684
* iTeos Therapeutics Inc.    347,934      6,628
* Arcellx Inc.    350,494      6,579
*,1 Point Biopharma Global Inc. Class A 850,927 6,578
*,1 CareMax Inc. 925,315 6,560
*,1 Erasca Inc. 835,710 6,519
* ViewRay Inc. 1,777,957 6,472
* G1 Therapeutics Inc. 517,640 6,465
* Kezar Life Sciences Inc. 748,636 6,446
* Bluebird Bio Inc. 1,004,540 6,359
* HealthStream Inc. 294,154 6,254
*,1 Paragon 28 Inc. 349,205 6,223
* Heron Therapeutics Inc. 1,468,498 6,197
* Surmodics Inc. 201,721 6,132
* Computer Programs & Systems Inc. 216,655 6,040
* Adicet Bio Inc. 423,375 6,020
* Atea Pharmaceuticals Inc. 1,057,774 6,019
* ADMA Biologics Inc. 2,455,819 5,968
* Esperion Therapeutics Inc. 885,762 5,935
* SomaLogic Inc. 2,006,611 5,819
* Allakos Inc. 947,072 5,796
* Cara Therapeutics Inc. 614,717 5,754
* Orthofix Medical Inc. 289,748 5,537
* Inovio Pharmaceuticals Inc. 3,182,881 5,490
* Karyopharm Therapeutics Inc. 1,003,883 5,481
* Protagonist Therapeutics Inc. 635,838 5,360
*,1 Ocugen Inc. 2,972,209 5,291
1 SIGA Technologies Inc. 511,608 5,270
*,1 Alaunos Therapeutics Inc. 3,046,499 5,240
* Nkarta Inc. 394,837 5,196
* Imago Biosciences Inc. 336,286 5,061
* Quanterix Corp. 459,021 5,058
* Allovir Inc. 639,305 5,044
* Anika Therapeutics Inc. 210,222 5,003
* Codexis Inc. 825,462 5,002
*,1 Nuvalent Inc. Class A 257,156 4,999
* Kiniksa Pharmaceuticals Ltd. Class A 384,020 4,931
* Tarsus Pharmaceuticals Inc. 287,812 4,927
* Atara Biotherapeutics Inc. 1,295,128 4,896
* Intercept Pharmaceuticals Inc. 348,963 4,868
* Provention Bio Inc. 1,060,673 4,773
* Ocular Therapeutix Inc. 1,139,686 4,730
* ANI Pharmaceuticals Inc. 144,570 4,646
* PMV Pharmaceuticals Inc. 388,461 4,623
* MiMedx Group Inc. 1,610,353 4,622
* GoodRx Holdings Inc. Class A 988,510 4,616
* Arcturus Therapeutics Holdings Inc. 309,980 4,594

          Shares Market
Value
($000)
* C4 Therapeutics Inc.    518,440      4,547
* Cullinan Oncology Inc.    342,606      4,392
*,1 Roivant Sciences Ltd.  1,362,029      4,386
* Dyne Therapeutics Inc.    343,850      4,367
*,1 Vera Therapeutics Inc. Class A    202,302      4,311
* Instil Bio Inc.    876,501      4,242
* Harrow Health Inc.    346,656      4,184
* Eagle Pharmaceuticals Inc.    157,886      4,171
* Stoke Therapeutics Inc.    324,059      4,161
  Phibro Animal Health Corp. Class A    308,163      4,095
  Utah Medical Products Inc.     47,898      4,086
* Eiger BioPharmaceuticals Inc.    541,861      4,080
* Concert Pharmaceuticals Inc.    604,519      4,050
* Pennant Group Inc.    386,709      4,026
* Evolus Inc. 497,128 4,002
* KalVista Pharmaceuticals Inc. 274,734 3,986
* Aldeyra Therapeutics Inc. 736,606 3,933
* Seer Inc. Class A 508,010 3,932
* Cymabay Therapeutics Inc. 1,111,727 3,891
*,1 Vaxart Inc. 1,766,114 3,850
* Liquidia Corp. 704,636 3,833
* Albireo Pharma Inc. 196,352 3,801
* Entrada Therapeutics Inc. 238,277 3,755
* OraSure Technologies Inc. 986,046 3,737
* Community Health Systems Inc. 1,730,840 3,721
*,1 Janux Therapeutics Inc. 274,194 3,713
*,1 Aura Biosciences Inc. 203,851 3,694
* Edgewise Therapeutics Inc. 374,676 3,687
* Scholar Rock Holding Corp. 528,144 3,660
* Nuvation Bio Inc. 1,632,850 3,658
* OptimizeRx Corp. 246,780 3,657
*,1 Cue Health Inc. 1,214,353 3,655
* Kodiak Sciences Inc. 464,907 3,598
* Inotiv Inc. 211,561 3,565
* Annexon Inc. 573,905 3,547
* Lexicon Pharmaceuticals Inc. 1,472,171 3,533
*,1 Tricida Inc. 330,277 3,461
* AVEO Pharmaceuticals Inc. 412,120 3,392
* Bioventus Inc. Class A 484,441 3,391
*,1 Monte Rosa Therapeutics Inc. 413,926 3,382
* Sutro Biopharma Inc. 593,620 3,295
* Sema4 Holdings Corp. 3,707,808 3,254
* Fulcrum Therapeutics Inc. 400,083 3,237
* BioAtla Inc. 415,711 3,201
* Immunovant Inc. 571,672 3,190
*,1 Bioxcel Therapeutics Inc. 265,635 3,140
* Generation Bio Co. 589,286 3,129
*,1 Quantum-Si Inc. 1,134,487 3,120
* Joint Corp. 196,730 3,091
* Rallybio Corp. 212,286 3,072
*,1 Marinus Pharmaceuticals Inc. 461,271 3,067
*,1 Century Therapeutics Inc. 300,198 2,969
* Zimvie Inc. 291,954 2,882
* Selecta Biosciences Inc. 1,754,332 2,877
* Poseida Therapeutics Inc. Class A 809,396 2,857
*,1 Zomedica Corp. 13,476,351 2,844
* Rigel Pharmaceuticals Inc. 2,388,005 2,818
*,1 HilleVax Inc. 164,554 2,812

          Shares Market
Value
($000)
*,1 IGM Biosciences Inc.    122,922      2,795
* Akoya Biosciences Inc.    237,703      2,793
* Amneal Pharmaceuticals Inc.  1,379,710      2,787
*,1 Omeros Corp.    884,350      2,786
1 Zynex Inc.    306,578      2,781
* Organogenesis Holdings Inc. Class A    852,038      2,761
* ALX Oncology Holdings Inc.    288,058      2,757
* Accuray Inc.  1,307,638      2,720
* Precigen Inc.  1,282,559      2,719
* EyePoint Pharmaceuticals Inc.    343,218      2,715
  iRadimed Corp.     89,259      2,683
* 4D Molecular Therapeutics Inc.    333,488      2,681
* Berkeley Lights Inc.    935,234      2,675
*,1 KemPharm Inc.    427,052      2,665
*,1 Humacyte Inc. 806,652 2,630
* SeaSpine Holdings Corp. 458,508 2,604
* Aadi Bioscience Inc. 183,618 2,595
* Viking Therapeutics Inc. 951,502 2,588
*,2 PDL BioPharma Inc. 1,757,467 2,583
* Arbutus Biopharma Corp. 1,351,855 2,582
* Kinnate Biopharma Inc. 216,104 2,582
*,1 ClearPoint Neuro Inc. 248,345 2,573
* Semler Scientific Inc. 68,308 2,565
* MacroGenics Inc. 737,125 2,550
* RxSight Inc. 211,601 2,539
* PetIQ Inc. Class A 366,551 2,529
* Beyond Air Inc. 339,834 2,528
*,1 89bio Inc. 435,413 2,521
*,1 Immuneering Corp. Class A 173,546 2,485
* WaVe Life Sciences Ltd. 684,989 2,473
*,1 Xeris Biopharma Holdings Inc. 1,580,695 2,466
* Optinose Inc. 665,229 2,435
* Sight Sciences Inc. 379,329 2,409
* Apollo Endosurgery Inc. 436,912 2,407
*,1 Phathom Pharmaceuticals Inc. 214,843 2,380
* Invivyd Inc. 749,052 2,345
* Biomea Fusion Inc. 239,639 2,344
* Sensus Healthcare Inc. 184,192 2,308
* Foghorn Therapeutics Inc. 267,808 2,298
*,1 Clovis Oncology Inc. 1,917,512 2,282
* Terns Pharmaceuticals Inc. 387,465 2,282
* Compass Therapeutics Inc. 972,724 2,218
*,1 Citius Pharmaceuticals Inc. 1,815,400 2,197
*,1 Evelo Biosciences Inc. 1,044,321 2,183
* Voyager Therapeutics Inc. 366,690 2,171
* Actinium Pharmaceuticals Inc. 289,718 2,138
* Verastem Inc. 2,505,230 2,129
* Tactile Systems Technology Inc. 272,781 2,125
* Savara Inc. 1,364,092 2,114
*,1 Absci Corp. 668,992 2,094
* Akouos Inc. 307,616 2,079
* Gritstone bio Inc. 802,480 2,062
*,1 Aerovate Therapeutics Inc. 123,167 2,042
* Capricor Therapeutics Inc. 339,900 2,039
*,1 Oncology Institute Inc. 437,166 2,024
* Satsuma Pharmaceuticals Inc. 336,712 2,020
1 ProPhase Labs Inc. 176,029 1,986
*,1 Celularity Inc. Class A 845,000 1,952

          Shares Market
Value
($000)
*,1 Lineage Cell Therapeutics Inc.  1,704,495      1,926
* Convey Health Solutions Holdings Inc.    180,489      1,897
* Ardelyx Inc.  1,592,622      1,895
*,1 GreenLight Biosciences Holdings PBC    811,503      1,883
* Apyx Medical Corp.    418,559      1,879
* Omega Therapeutics Inc.    342,824      1,858
* Kronos Bio Inc.    554,286      1,857
*,1 CEL - SCI Corp.    598,752      1,850
* Durect Corp.  3,190,608      1,845
* Chimerix Inc.    948,029      1,830
*,1 BrainStorm Cell Therapeutics Inc.    405,606      1,793
* Avita Medical Inc.    339,404      1,789
* InfuSystem Holdings Inc.    250,919      1,754
* Vicarious Surgical Inc.    523,257      1,753
*,1 Tango Therapeutics Inc. 481,251 1,742
*,1 Paratek Pharmaceuticals Inc. 675,048 1,735
* Singular Genomics Systems Inc. 650,374 1,626
* Anixa Biosciences Inc. 327,750 1,613
*,1 Outlook Therapeutics Inc. 1,315,321 1,605
* Tabula Rasa HealthCare Inc. 322,440 1,548
*,1 CorMedix Inc. 537,509 1,521
* Silverback Therapeutics Inc. 288,024 1,521
*,1 Seelos Therapeutics Inc. 1,475,830 1,520
* Celcuity Inc. 150,836 1,514
* Personalis Inc. 508,354 1,510
* Lyra Therapeutics Inc. 301,370 1,510
* Infinity Pharmaceuticals Inc. 1,258,444 1,498
* Alzamend Neuro Inc. 1,256,985 1,496
* Matinas BioPharma Holdings Inc. 2,344,721 1,491
* F-star Therapeutics Inc. 285,564 1,462
*,1 Innovage Holding Corp. 247,731 1,457
*,1 Asensus Surgical Inc. Class A 3,243,434 1,456
*,1 Acumen Pharmaceuticals Inc. 142,419 1,428
*,1 Co-Diagnostics Inc. 444,078 1,425
*,1 P3 Health Partners Inc. 307,581 1,421
* Nautilus Biotechnology Inc. Class A 664,589 1,409
* PepGen Inc. 155,209 1,409
* Atossa Therapeutics Inc. 1,683,368 1,403
* Rezolute Inc. 511,760 1,402
*,1 Assertio Holdings Inc. 615,203 1,397
*,1 DermTech Inc. 352,541 1,396
* Enzo Biochem Inc. 624,206 1,392
* ORIC Pharmaceuticals Inc. 431,438 1,381
*,1 SmileDirectClub Inc. Class A 1,521,157 1,377
*,1 ProKidney Corp. Class A 152,100 1,370
* Athira Pharma Inc. 458,537 1,362
* Vaxxinity Inc. Class A 681,666 1,350
*,1 MediciNova Inc. 609,149 1,322
* Harvard Bioscience Inc. 511,664 1,310
* FONAR Corp. 92,217 1,305
*,1 DarioHealth Corp. 280,055 1,297
* Talkspace Inc. 1,257,187 1,295
* Puma Biotechnology Inc. 528,174 1,252
*,1 Tyra Biosciences Inc. 142,355 1,251
*,1 VBI Vaccines Inc. 1,738,774 1,227
* Alpine Immune Sciences Inc. 169,911 1,223
* CytomX Therapeutics Inc. 843,775 1,223
* Inozyme Pharma Inc. 451,101 1,209

          Shares Market
Value
($000)
* Neuronetics Inc.    377,382      1,200
* Akumin Inc.    694,494      1,188
* Adverum Biotechnologies Inc.  1,240,466      1,178
* Stereotaxis Inc.    638,545      1,149
* Viracta Therapeutics Inc.    268,632      1,147
*,1 Science 37 Holdings Inc.    712,362      1,147
* Ovid therapeutics Inc.    621,953      1,144
* Sesen Bio Inc.  2,667,125      1,134
* Olema Pharmaceuticals Inc.    408,589      1,128
* Praxis Precision Medicines Inc.    492,896      1,119
* Prelude Therapeutics Inc.    169,140      1,118
* XOMA Corp.     61,817      1,107
* Galectin Therapeutics Inc.    669,113      1,091
* TFF Pharmaceuticals Inc.    268,314      1,089
* MyMD Pharmaceuticals Inc. 410,026 1,070
* Jounce Therapeutics Inc. 455,436 1,066
* aTyr Pharma Inc. 352,693 1,058
* Standard BioTools Inc. 960,982 1,057
* Miromatrix Medical Inc. 241,017 1,056
*,1 Inmune Bio Inc. 167,766 1,040
* Ikena Oncology Inc. 292,651 1,039
* PDS Biotechnology Corp. 347,979 1,033
* Tela Bio Inc. 118,352 1,008
* Electromed Inc. 98,004 1,005
* Pieris Pharmaceuticals Inc. 871,212 1,002
* Owlet Inc. 925,703 991
* KORU Medical Systems Inc. 440,977 983
* Shattuck Labs Inc. 363,637 982
* Spectrum Pharmaceuticals Inc. 2,282,517 981
* Annovis Bio Inc. 70,905 971
*,1 Bright Green Corp. 898,200 970
*,1 Oyster Point Pharma Inc. 171,624 965
* Dare Bioscience Inc. 955,807 956
*,1 PAVmed Inc. 1,069,670 920
* ChromaDex Corp. 742,094 913
*,1 Cardiff Oncology Inc. 589,837 908
* Syros Pharmaceuticals Inc. 139,962 901
*,1 Biora Therapeutics Inc. 1,855,459 900
* Precision BioSciences Inc. 690,689 898
*,1 Checkpoint Therapeutics Inc. 860,683 895
*,1 Rani Therapeutics Holdings Inc. Class A 92,864 890
* Cue Biopharma Inc. 392,131 874
* CVRx Inc. 93,620 873
*,1 Pear Therapeutics Inc. 427,197 871
* Homology Medicines Inc. 535,097 862
* Assembly Biosciences Inc. 519,500 852
* Fortress Biotech Inc. 984,130 846
* Genprex Inc. 597,928 843
*,1 Theseus Pharmaceuticals Inc. 142,199 825
* Aveanna Healthcare Holdings Inc. 539,512 809
*,1 Clene Inc. 288,123 807
* Oncocyte Corp. 1,099,189 802
* Frequency Therapeutics Inc. 443,323 794
* Merrimack Pharmaceuticals Inc. 211,855 794
* Immunic Inc. 250,592 792
* TCR2 Therapeutics Inc. 438,705 790
* Sonida Senior Living Inc. 48,598 789
* Clearside Biomedical Inc. 696,581 787

          Shares Market
Value
($000)
* CytoSorbents Corp.    574,625        781
*,1 Spero Therapeutics Inc.    387,103        774
* Societal CDMO Inc.    470,492        767
* Forian Inc.    228,825        767
*,1 ATI Physical Therapy Inc.    766,382        766
* Akebia Therapeutics Inc.  2,409,053        762
*,1 Accelerate Diagnostics Inc.    499,459        759
* Leap Therapeutics Inc.    850,256        748
  AirSculpt Technologies Inc.    115,400        742
  XBiotech Inc.    203,977        738
* LENSAR Inc.    133,054        738
* Curis Inc.  1,052,279        737
* scPharmaceuticals Inc.    110,442        720
*,1 SCYNEXIS Inc.    297,917        715
* Streamline Health Solutions Inc. 582,649 693
* 9 Meters Biopharma Inc. 3,218,460 692
*,1 Apexigen Inc. 253,500 684
* Palatin Technologies Inc. 115,497 684
* iCAD Inc. 318,743 669
* Opiant Pharmaceuticals Inc. 62,250 669
* VolitionRX Ltd. 489,552 666
* Biomerica Inc. 167,984 660
* enVVeno Medical Corp. 104,199 654
*,1 Eton Pharmaceuticals Inc. 311,038 653
* Pardes Biosciences Inc. Class A 350,409 648
* Magenta Therapeutics Inc. 459,219 647
*,1 Atreca Inc. Class A 392,599 616
* Graphite Bio Inc. 193,655 614
*,1 NightHawk Biosciences Inc. 351,949 609
* Taysha Gene Therapies Inc. 313,296 605
* Synlogic Inc. 623,408 592
*,1 Vor BioPharma Inc. 144,337 574
* Lipocine Inc. 1,260,794 567
* Minerva Neurosciences Inc. 61,455 567
*,1 MEI Pharma Inc. 1,463,566 566
* Surface Oncology Inc. 535,974 557
*,1 Immunome Inc. 125,377 557
* Eledon Pharmaceuticals Inc. 200,945 555
* Augmedix Inc. 382,907 555
* NextCure Inc. 201,452 554
* Oncternal Therapeutics Inc. 620,309 553
* Larimar Therapeutics Inc. 172,508 552
* Hepion Pharmaceuticals Inc. 1,089,086 550
*,1 SQZ Biotechnologies Co. 240,692 549
* Great Elm Group Inc. 274,500 549
* Passage Bio Inc. 438,742 548
*,1 Surrozen Inc. 271,491 548
*,1 Sientra Inc. 849,618 544
* Sanara Medtech Inc. 18,321 544
* Eyenovia Inc. 277,328 542
*,1 Microbot Medical Inc. 113,273 541
* Equillium Inc. 242,039 537
* Icosavax Inc. 169,005 534
* AIkido Pharma Inc. 77,589 531
* UpHealth Inc. 984,568 524
*,1 iBio Inc. 3,046,799 519
* IsoRay Inc. 2,232,052 513
* Trevi Therapeutics Inc. 330,842 509

          Shares Market
Value
($000)
* Milestone Scientific Inc.    643,170        508
  Psychemedics Corp.     78,208        504
* Mustang Bio Inc.  1,070,054        502
* Conformis Inc.  2,618,559        501
* Vapotherm Inc.    318,283        500
* CareCloud Inc.    119,683        500
* Greenwich Lifesciences Inc.     54,664        497
* Werewolf Therapeutics Inc.    109,878        496
* Champions Oncology Inc.     65,827        494
* Rain Therapeutics Inc.    100,844        492
* Tenaya Therapeutics Inc.    169,457        491
* Retractable Technologies Inc.    246,386        488
* ImmuCell Corp.     65,076        487
* Verrica Pharmaceuticals Inc.    166,230        485
*,1 GT Biopharma Inc. 275,711 485
*,1 Third Harmonic Bio Inc. 25,547 485
* Moleculin Biotech Inc. 454,105 481
* Lantern Pharma Inc. 99,130 474
*,1 Aquestive Therapeutics Inc. 399,860 468
*,1 Impel Pharmaceuticals Inc. 95,935 467
*,1 Hyperfine Inc. Class A 566,000 458
* Astria Therapeutics Inc. 50,607 457
* AquaBounty Technologies Inc. 579,648 453
* Ocuphire Pharma Inc. 224,241 451
* X4 Pharmaceuticals Inc. 262,584 449
* Axcella Health Inc. 260,976 446
*,1 Zynerba Pharmaceuticals Inc. 603,145 442
* Biotricity Inc. 550,453 440
*,1 Pulse Biosciences Inc. 190,750 439
* Tracon Pharmaceuticals Inc. 262,440 438
*,1 AcelRx Pharmaceuticals Inc. 2,074,054 433
* Xilio Therapeutics Inc. 147,680 430
* Orgenesis Inc. 300,195 426
*,1 Black Diamond Therapeutics Inc. 251,865 426
*,1 Gelesis Holdings Inc. 394,479 426
* Molecular Templates Inc. 565,684 424
* Hookipa Pharma Inc. 314,578 422
*,1 RVL Pharmaceuticals plc 200,978 422
* Candel Therapeutics Inc. 133,875 420
*,1 Adamis Pharmaceuticals Corp. 2,103,096 417
* Protara Therapeutics Inc. 140,444 416
* Solid Biosciences Inc. 882,100 412
* Renovacor Inc. 163,183 411
* SELLAS Life Sciences Group Inc. 201,652 407
*,1 Enochian Biosciences Inc. 223,050 404
* Cyclerion Therapeutics Inc. 468,984 403
*,2 Tobira Therapeutics Inc. CVR Exp. 12/31/28 87,894 398
* IRIDEX Corp. 163,869 395
* Novan Inc. 209,835 392
* CASI Pharmaceuticals Inc. 150,695 392
* AN2 Therapeutics Inc. 22,524 391
*,1 Gemini Therapeutics Inc. Class A 237,759 390
* Exagen Inc. 141,784 384
*,1 Invacare Corp. 490,517 383
* Decibel Therapeutics Inc. 110,152 381
* Kewaunee Scientific Corp. 21,459 378
* Lumos Pharma Inc. 42,130 373
* VistaGen Therapeutics Inc. 2,426,478 369

          Shares Market
Value
($000)
*,1 BioCardia Inc.    189,000        367
* Rapid Micro Biosystems Inc. Class A    113,675        367
* Achieve Life Sciences Inc.    109,487        361
*,1 AIM ImmunoTech Inc.    619,120        360
* Trevena Inc.  2,309,501        354
* Cidara Therapeutics Inc.    551,919        347
*,1 Aspira Women's Health Inc.    902,198        336
* Reneo Pharmaceuticals Inc.     99,437        333
* Eargo Inc.    316,063        332
* Avrobio Inc.    513,661        330
*,1 Synaptogenix Inc.     49,136        329
* Aeglea BioTherapeutics Inc.    615,732        324
* GlycoMimetics Inc.    582,678        321
* Marker Therapeutics Inc.    869,815        321
*,1 NeuroPace Inc. 85,399 320
* Vigil Neuroscience Inc. 35,034 319
* Talaris Therapeutics Inc. 119,365 314
*,1 Oragenics Inc. 1,364,121 310
* Neoleukin Therapeutics Inc. 478,112 306
*,1 NRX Pharmaceuticals Inc. 410,783 304
* Bio-Path Holdings Inc. 94,978 303
*,1 Quince Therapeutics Inc. 225,353 300
* Harpoon Therapeutics Inc. 308,417 299
* UNITY Biotechnology Inc. 755,521 299
* Pyxis Oncology Inc. 151,114 298
* Five Star Senior Living Inc. 312,843 297
*,1 Delcath Systems Inc. 92,408 296
*,1 vTv Therapeutics Inc. Class A 304,454 295
* Corvus Pharmaceuticals Inc. 356,146 292
* ElectroCore Inc. 718,880 292
*,1 Athenex Inc. 1,063,900 287
* ARCA biopharma Inc. 138,094 284
* DiaMedica Therapeutics Inc. 228,271 283
* Precipio Inc. 352,392 283
* Corbus Pharmaceuticals Holdings Inc. 1,697,444 280
* Ekso Bionics Holdings Inc. 179,165 279
*,1 Vivani Medical Inc. 122,404 279
* Pro-Dex Inc. 15,693 278
* Alimera Sciences Inc. 53,677 273
* Aligos Therapeutics Inc. 246,820 271
*,1 NanoViricides Inc. 154,171 267
* Clever Leaves Holdings Inc. 441,061 266
* NeuroMetrix Inc. 94,942 265
* Nemaura Medical Inc. 126,397 263
* Lisata Therapeutics Inc. 56,705 263
* Eliem Therapeutics Inc. 80,793 261
1 Catalyst Biosciences Inc. 513,243 259
*,1 BioSig Technologies Inc. 403,690 258
* Predictive Oncology Inc. 712,227 256
* Alpha Teknova Inc. 73,861 247
* Cocrystal Pharma Inc. 841,362 245
* Acutus Medical Inc. 277,784 244
*,1 T2 Biosystems Inc. 2,150,741 243
*,1 Idera Pharmaceuticals Inc. 644,948 242
*,1 Longeveron Inc. 65,011 241
*,1 Rubius Therapeutics Inc. 553,386 240
* Aptevo Therapeutics Inc. 78,656 239
*,1 Vincerx Pharma Inc. 173,040 239

          Shares Market
Value
($000)
* Avalo Therapeutics Inc.     71,951        239
* SAB Biotherapeutics Inc.    339,966        238
* Galera Therapeutics Inc.    135,361        236
* Otonomy Inc.    800,841        236
* Bolt Biotherapeutics Inc.    157,140        233
* Aileron Therapeutics Inc.  1,106,799        229
* Applied Therapeutics Inc.    242,749        226
*,1 Biolase Inc.     92,558        225
*,1 Lannett Co. Inc.    491,745        221
* Surgalign Holdings Inc.     63,088        220
* Cellectar Biosciences Inc.     65,376        220
*,1 Athersys Inc.    118,026        218
* Applied Molecular Transport Inc.    222,282        216
*,1 PLx Pharma Inc.    329,367        214
*,1 Organovo Holdings Inc. 104,359 214
* 180 Life Sciences Corp. 307,089 209
* Dyadic International Inc. 108,822 208
* Onconova Therapeutics Inc. 236,310 208
* Strata Skin Sciences Inc. 235,454 205
* Regulus Therapeutics Inc. 119,991 204
*,1 Reviva Pharmaceuticals Holdings Inc. 127,955 203
* Biocept Inc. 217,755 201
* Cumberland Pharmaceuticals Inc. 82,984 200
* Quotient Ltd. 1,327,497 199
*,1 Eloxx Pharmaceuticals Inc. 1,154,415 196
* Finch Therapeutics Group Inc. 116,096 194
* Oncorus Inc. 224,961 191
* Better Therapeutics Inc. 108,601 191
* Synthetic Biologics Inc. 194,212 191
* Codiak Biosciences Inc. 236,468 185
* Aptinyx Inc. Class A 490,875 181
* Vivos Therapeutics Inc. 274,143 178
* American Shared Hospital Services 68,206 177
* Soligenix Inc. 400,675 175
*,1 Jaguar Health Inc. 1,077,767 168
*,1 Abeona Therapeutics Inc. 55,346 168
* Sio Gene Therapies Inc. 593,038 166
*,1 Chembio Diagnostics Inc. 456,448 165
*,1 VYNE Therapeutics Inc. 738,229 165
* Applied Genetic Technologies Corp. 603,829 164
* Forte Biosciences Inc. 148,829 159
*,1 Jasper Therapeutics Inc. 201,513 159
*,1 Rockwell Medical Inc. 119,969 158
*,1 Ampio Pharmaceuticals Inc. 2,591,929 157
* ENDRA Life Sciences Inc. 513,961 157
* Bellerophon Therapeutics Inc. 142,009 155
* Codex DNA Inc. 93,668 155
* Cyteir Therapeutics Inc. 80,980 155
* Diffusion Pharmaceuticals Inc. 28,936 155
* Pasithea Therapeutics Corp. 120,656 152
* Armata Pharmaceuticals Inc. 35,825 151
* Sensei Biotherapeutics Inc. 97,509 151
* IMARA Inc. 65,610 150
* Tempest Therapeutics Inc. 84,613 147
* AgeX Therapeutics Inc. 259,011 145
* NeuBase Therapeutics Inc. 362,230 143
*,1 Spruce Biosciences Inc. 104,042 143
* Talis Biomedical Corp. 209,178 143

          Shares Market
Value
($000)
*,1 Tonix Pharmaceuticals Holding Corp.    266,441        142
* OncoSec Medical Inc.    286,551        140
* Sonendo Inc.    130,960        140
* Lucira Health Inc.    130,090        138
* Cyclo Therapeutics Inc.     71,043        137
* Aravive Inc.    166,831        136
* Calithera Biosciences Inc.     46,049        135
* Imunon Inc.     79,599        134
*,1 NanoVibronix Inc.    289,829        133
* Processa Pharmaceuticals Inc.     58,032        131
* OpGen Inc.    444,132        127
*,1 Cyclacel Pharmaceuticals Inc.     86,789        127
* Cabaletta Bio Inc.    191,748        125
*,2 Strongbridge Biopharma plc CVR    687,671        125
* Nutriband Inc. 34,914 125
*,1 Humanigen Inc. 682,358 123
* Aprea Therapeutics Inc. 187,071 122
*,1 Aridis Pharmaceuticals Inc. 128,846 120
* Biofrontera Inc. 114,476 120
* cbdMD Inc. 529,204 119
* GeoVax Labs Inc. 107,554 117
* Vyant Bio Inc. 210,231 117
*,1 SiNtx Technologies Inc. 362,591 116
*,1 Kala Pharmaceuticals Inc. 508,706 113
* INVO BioScience Inc. 105,539 112
*,1 Bellicum Pharmaceuticals Inc. 92,706 111
* Aethlon Medical Inc. 190,289 111
*,1 Yield10 Bioscience Inc. 36,944 110
* TScan Therapeutics Inc. 35,547 108
* Virpax Pharmaceuticals Inc. 88,040 105
* SunLink Health Systems Inc. 108,130 104
* PetVivo Holdings Inc. 52,937 102
* Petros Pharmaceuticals Inc. 197,908 101
* Cognition Therapeutics Inc. 53,020 101
*,1 Applied DNA Sciences Inc. 87,412 99
* Myomo Inc. 61,353 99
*,1 Qualigen Therapeutics Inc. 370,708 99
* Edesa Biotech Inc. 106,091 98
* PharmaCyte Biotech Inc. 40,735 98
* PhaseBio Pharmaceuticals Inc. 545,560 96
* Pulmatrix Inc. 26,919 96
* Venus Concept Inc. 211,158 93
*,1 Vaccinex Inc. 188,125 93
*,1 Motus GI Holdings Inc. 37,707 92
* Graybug Vision Inc. 96,699 91
*,1 Brooklyn ImmunoTherapeutics Inc. 370,478 91
*,1 Nuvectis Pharma Inc. 12,669 90
* Phio Pharmaceuticals Corp. 154,261 88
*,1 Biodesix Inc. 69,132 88
* Titan Pharmaceuticals Inc. 81,924 88
* Longboard Pharmaceuticals Inc. 23,559 88
* IsoPlexis Corp. 50,953 88
* Plus Therapeutics Inc. 195,084 87
* LogicMark Inc. 114,124 86
*,1 Avenue Therapeutics Inc. 8,335 84
* Soleno Therapeutics Inc. 49,939 83
* Aziyo Biologics Inc. Class A 11,215 81
*,1 BioVie Inc. Class A 32,672 81

          Shares Market
Value
($000)
* Lexaria Bioscience Corp.     33,164         81
*,1 Avinger Inc.     70,590         81
* Viveve Medical Inc.    114,011         78
* Angion Biomedica Corp.     84,876         78
* LogicBio Therapeutics Inc.    282,216         77
* Blue Water Vaccines Inc.     45,090         77
* Tenon Medical Inc.     58,159         76
* Artelo Biosciences Inc.     22,022         76
* Context Therapeutics Inc.     67,299         75
* SCWorx Corp.    103,672         74
* Salarius Pharmaceuticals Inc.    377,847         74
* IN8bio Inc.     36,395         74
* Hoth Therapeutics Inc.    210,314         73
* InVivo Therapeutics Holdings Corp.     16,946         73
* Sonoma Pharmaceuticals Inc. 34,014 72
* Protagenic Therapeutics Inc. 126,837 72
* ContraFect Corp. 423,212 71
* Adial Pharmaceuticals Inc. 203,358 71
* Immix Biopharma Inc. 52,146 71
* Navidea Biopharmaceuticals Inc. 276,491 70
* Monopar Therapeutics Inc. 45,070 69
* Landos Biopharma Inc. 103,089 67
*,1 eFFECTOR Therapeutics Inc. 117,573 67
* MiNK Therapeutics Inc. 30,617 65
*,2 Adamas Pharmaceuticals Inc. CVR 1,055,708 64
* Aytu BioPharma Inc. 338,161 63
* Allied Healthcare Products Inc. 45,588 61
*,1 HeartBeam Inc. 15,570 61
* iSpecimen Inc. 36,786 61
*,1 Enveric Biosciences Inc. 14,425 61
* Cohbar Inc. 20,231 58
*,1 Ontrak Inc. 121,550 57
* Timber Pharmaceuticals Inc. 468,843 56
* Evoke Pharma Inc. 29,851 56
* Exicure Inc. 34,822 55
* NexImmune Inc. 97,320 54
* Dynatronics Corp. 106,188 53
* HCW Biologics Inc. 23,321 53
* Xenetic Biosciences Inc. 96,724 52
*,1 Lucid Diagnostics Inc. 33,100 51
*,1 Windtree Therapeutics Inc. 168,233 50
*,1 Fresh Tracks Therapeutics Inc. 27,779 50
* Galecto Inc. 25,708 49
* Statera Biopharma Inc. 378,677 49
* Sigilon Therapeutics Inc. 95,157 48
* Yumanity Therapeutics Inc. 29,192 46
* Elevation Oncology Inc. 40,981 46
* Minerva Surgical Inc. 58,195 46
* Sera Prognostics Inc. Class A 28,210 45
* Indaptus Therapeutics Inc. 21,050 45
* Biorestorative Therapies Inc. 14,000 45
* HTG Molecular Diagnostics Inc. 70,922 43
* NovaBay Pharmaceuticals Inc. 373,541 41
* Kintara Therapeutics Inc. 377,452 41
* Metacrine Inc. 74,962 36
* Acorda Therapeutics Inc. 117,219 35
*,1 Calyxt Inc. 192,274 33
* Imac Holdings Inc. 86,128 33

          Shares Market
Value
($000)
*,1 Ensysce Biosciences Inc.    150,381         32
* Inhibikase Therapeutics Inc.     34,361         31
* Tenax Therapeutics Inc.    173,801         30
* ThermoGenesis Holdings Inc.    121,853         30
*,2 Aduro Biotech Inc. CVR    150,581         28
* Benitec Biopharma Inc.     74,773         28
* PolarityTE Inc.     31,876         28
* Lixte Biotechnology Holdings Inc.     48,388         27
*,1 ReShape Lifesciences Inc.     88,359         27
* Creative Medical Technology Holdings Inc.     61,050         27
*,1 NeuroBo Pharmaceuticals Inc.      1,984         27
*,1 Sonnet BioTherapeutics Holdings Inc.     18,057         27
*,1 RA Medical Systems Inc.    217,302         26
* Regional Health Properties Inc.     10,454         25
*,1,2 Oncternal Therapeutics Inc. CVR 20,153 21
*,2 Aevi Genomic Medicine Inc. CVR 631,947 21
* Histogen Inc. 13,638 18
* Assure Holdings Corp. 28,036 18
* Baudax Bio Inc. 58,320 14
*,2 Ocera Therapeutics Inc. CVR 48,417 13
* NeuroOne Medical Technologies Corp. 7,700 13
* Bluejay Diagnostics Inc. 15,899 12
*,1 Aditxt Inc. 3,385 11
* Femasys Inc. 8,823 10
*,1 First Wave BioPharma Inc. 6,847 10
* Agile Therapeutics Inc. 29,419 9
*,1 Kiora Pharmaceuticals Inc. 1,499 9
* Palisade Bio Inc. 77,553 8
*,1 Allarity Therapeutics Inc. 6,925 8
* Virios Therapeutics Inc. 18,685 7
*,2 Qualigen Therapeutics Inc. CVR 91,096 6
* Vallon Pharmaceuticals Inc. 22,146 6
*,1 Panbela Therapeutics Inc. 20,608 6
*,2 Alexza Pharmaceuticals Inc. CVR 128,704 5
* GBS Inc. 11,388 5
* Star Equity Holdings Inc. 3,800 4
* Ligand Pharmaceuticals Inc. General CVR 395,811 3
* Ligand Pharmaceuticals Inc. Roche CVR 395,811 3
*,1,2 Seelos Therapeutics Inc. CVR 5,736 3
*,2 F-star Therapeutics Inc. CVR 40,837 3
* Journey Medical Corp. 1,120 3
* Ligand Pharmaceuticals Inc. Glucagon CVR 395,811 2
*,2 Ocuphire Pharma Inc. CVR 13,673 2
* Nuwellis Inc. 2,933 2
* Healthcare Triangle Inc. 4,362 2
* Revelation Biosciences Inc. 5,940 2
*,2 Ambit Biosciences Corp. CVR 22,388
*,2 NeuroBo Pharmaceuticals Inc. CVR 5,194
* Advaxis Inc. Warrants Exp. 9/11/24 47,130
*,2 Lantheus Holdings Inc. CVR 1,316,898
*,2 Achillion Pharmaceuticals Inc. CVR 374
*,2 Salarius Pharmaceuticals Inc. Warrants Exp. 1/20/25 119,407
*,1,2 SiNtx Technologies Inc. Rights Exp. 10/12/22 362,591
            10,717,959
Industrials (14.4%)
* Uber Technologies Inc. 26,620,889 705,454
  Carlisle Cos. Inc. 692,767 194,259
  Booz Allen Hamilton Holding Corp. Class A 1,773,544 163,787

          Shares Market
Value
($000)
  Hubbell Inc. Class B    721,269    160,843
  TransUnion  2,585,035    153,784
* Plug Power Inc.  7,002,857    147,130
  Graco Inc.  2,260,593    135,523
  AECOM  1,870,038    127,854
  Regal Rexnord Corp.    892,633    125,290
* Builders FirstSource Inc.  2,090,042    123,145
  Toro Co.  1,402,943    121,327
* WillScot Mobile Mini Holdings Corp.  2,866,400    115,602
  Watsco Inc.    445,932    114,810
  Advanced Drainage Systems Inc.    861,180    107,105
  Knight-Swift Transportation Holdings Inc. Class A  2,156,461    105,516
* Axon Enterprise Inc.    907,357    105,027
  HEICO Corp. Class A    892,527    102,301
  Owens Corning 1,288,749 101,309
  Lincoln Electric Holdings Inc. 773,280 97,217
  Lennox International Inc. 433,736 96,580
* Middleby Corp. 722,354 92,584
  Tetra Tech Inc. 714,409 91,823
* Chart Industries Inc. 480,865 88,647
* CACI International Inc. Class A 313,434 81,825
  Donaldson Co. Inc. 1,652,312 80,980
* RBC Bearings Inc. 387,447 80,515
  KBR Inc. 1,862,457 80,495
  HEICO Corp. 558,849 80,463
  AGCO Corp. 830,012 79,822
* Sunrun Inc. 2,851,569 78,675
  Sensata Technologies Holding plc 2,091,481 77,970
  Valmont Industries Inc. 286,481 76,955
* FTI Consulting Inc. 463,275 76,769
  EMCOR Group Inc. 661,499 76,390
  MDU Resources Group Inc. 2,735,342 74,812
* Clean Harbors Inc. 673,106 74,028
  ITT Inc. 1,107,178 72,343
  Curtiss-Wright Corp. 514,633 71,616
* WESCO International Inc. 598,363 71,433
  nVent Electric plc 2,239,082 70,777
  Landstar System Inc. 488,314 70,498
  Acuity Brands Inc. 439,747 69,247
* XPO Logistics Inc. 1,542,865 68,688
* Saia Inc. 354,793 67,411
  AMERCO 131,407 66,915
  Science Applications International Corp. 744,599 65,845
* Trex Co. Inc. 1,483,869 65,201
  Woodward Inc. 808,441 64,885
* SiteOne Landscape Supply Inc. 606,039 63,113
  Oshkosh Corp. 879,307 61,806
  BWX Technologies Inc. 1,225,516 61,729
* ASGN Inc. 671,327 60,668
  Exponent Inc. 685,260 60,077
  UFP Industries Inc. 822,236 59,333
  Hexcel Corp. 1,124,233 58,145
* Avis Budget Group Inc. 386,953 57,447
* IAA Inc. 1,796,730 57,226
  Crane Holdings Co. 647,985 56,725
* GXO Logistics Inc. 1,597,488 56,008
* Clarivate plc 5,796,943 54,433
* Lyft Inc. Class A 4,127,013 54,353

          Shares Market
Value
($000)
  MSA Safety Inc.    494,202     54,006
* Evoqua Water Technologies Corp.  1,632,749     53,995
  Applied Industrial Technologies Inc.    514,677     52,899
  Timken Co.    889,148     52,495
* Stericycle Inc.  1,243,657     52,370
  Ryder System Inc.    691,291     52,186
* Casella Waste Systems Inc. Class A    681,346     52,048
*,1 ChargePoint Holdings Inc.  3,491,375     51,533
* Univar Solutions Inc.  2,226,220     50,624
  Armstrong World Industries Inc.    629,930     49,909
* Kirby Corp.    800,428     48,642
* MasTec Inc.    765,198     48,590
  Insperity Inc.    474,690     48,461
  Zurn Elkay Water Solutions Corp.  1,961,841     48,065
* Fluor Corp. 1,909,098 47,517
* Bloom Energy Corp. Class A 2,369,255 47,361
  Comfort Systems USA Inc. 484,541 47,160
  Watts Water Technologies Inc. Class A 368,671 46,353
  MSC Industrial Direct Co. Inc. Class A 635,834 46,295
  Triton International Ltd. 833,516 45,618
  Simpson Manufacturing Co. Inc. 581,705 45,606
  ManpowerGroup Inc. 692,867 44,822
  Mueller Industries Inc. 748,836 44,511
  Allison Transmission Holdings Inc. 1,303,115 43,993
  Franklin Electric Co. Inc. 530,414 43,340
  Air Lease Corp. Class A 1,387,717 43,033
* Atkore Inc. 551,969 42,949
  Flowserve Corp. 1,755,356 42,655
  GATX Corp. 474,914 40,439
* Aerojet Rocketdyne Holdings Inc. 998,666 39,937
  Vertiv Holdings Co. Class A 4,059,817 39,461
*,1 Hertz Global Holdings Inc. 2,414,581 39,309
* Dycom Industries Inc. 396,229 37,852
* Beacon Roofing Supply Inc. 681,230 37,277
* Resideo Technologies Inc. 1,953,850 37,240
  Arcosa Inc. 646,105 36,944
  John Bean Technologies Corp. 424,860 36,538
  Dun & Bradstreet Holdings Inc. 2,916,090 36,130
  Herc Holdings Inc. 346,880 36,034
* API Group Corp. 2,708,428 35,941
* TriNet Group Inc. 496,442 35,357
  Korn Ferry 738,691 34,682
  ABM Industries Inc. 892,374 34,115
  Hillenbrand Inc. 928,577 34,097
  UniFirst Corp. 202,009 33,984
* SPX Technologies Inc. 605,553 33,439
* Atlas Air Worldwide Holdings Inc. 344,992 32,971
  Albany International Corp. Class A 416,802 32,856
  Forward Air Corp. 355,205 32,061
  EnerSys 548,608 31,913
  Matson Inc. 513,721 31,604
* Mercury Systems Inc. 777,112 31,551
  Spirit AeroSystems Holdings Inc. Class A 1,418,948 31,103
* Hub Group Inc. Class A 450,427 31,070
  Federal Signal Corp. 832,487 31,068
  Boise Cascade Co. 522,132 31,046
* Array Technologies Inc. 1,850,455 30,681
* Shoals Technologies Group Inc. Class A 1,422,678 30,659

          Shares Market
Value
($000)
* Ameresco Inc. Class A    455,038     30,251
  Brink's Co.    622,085     30,134
  Encore Wire Corp.    260,647     30,115
  AAON Inc.    558,870     30,112
  Werner Enterprises Inc.    777,050     29,217
* CBIZ Inc.    680,282     29,102
  Altra Industrial Motion Corp.    862,985     29,014
* JetBlue Airways Corp.  4,298,419     28,499
* AeroVironment Inc.    336,633     28,062
  Spirit Airlines Inc.  1,434,735     27,002
  Terex Corp.    900,512     26,781
  McGrath RentCorp    319,085     26,758
  Moog Inc. Class A    379,836     26,721
  Kadant Inc.    160,066     26,701
* Enovix Corp. 1,452,055 26,623
*,1 SunPower Corp. 1,154,480 26,599
* Stem Inc. 1,954,764 26,077
* Alight Inc. Class A 3,545,403 25,988
  Brady Corp. Class A 622,357 25,971
  ICF International Inc. 230,923 25,175
  ESCO Technologies Inc. 341,005 25,043
  CSW Industrials Inc. 207,902 24,907
* AZEK Co. Inc. Class A 1,476,477 24,539
  Rush Enterprises Inc. Class A 549,041 24,081
  Trinity Industries Inc. 1,107,934 23,654
  ArcBest Corp. 319,932 23,269
  EnPro Industries Inc. 271,039 23,033
  Helios Technologies Inc. 449,242 22,732
* GMS Inc. 562,127 22,491
  Kennametal Inc. 1,075,708 22,138
* Core & Main Inc. Class A 970,367 22,066
* Upwork Inc. 1,604,221 21,849
* Masonite International Corp. 295,390 21,058
  Mueller Water Products Inc. Class A 2,030,858 20,857
* Driven Brands Holdings Inc. 738,983 20,677
  Lindsay Corp. 143,025 20,493
* NV5 Global Inc. 164,774 20,402
  Esab Corp. 603,352 20,128
  Barnes Group Inc. 691,220 19,962
* Air Transport Services Group Inc. 803,236 19,350
  Maxar Technologies Inc. 1,020,955 19,112
* Veritiv Corp. 191,596 18,732
* MYR Group Inc. 219,642 18,610
  Griffon Corp. 624,351 18,431
* Huron Consulting Group Inc. 273,011 18,087
* Vicor Corp. 299,916 17,737
* Kratos Defense & Security Solutions Inc. 1,739,231 17,671
* PGT Innovations Inc. 840,300 17,613
* FuelCell Energy Inc. 5,095,352 17,375
* KAR Auction Services Inc. 1,553,377 17,351
* Parsons Corp. 442,393 17,342
* Gibraltar Industries Inc. 420,578 17,214
  Alamo Group Inc. 137,208 16,776
* AAR Corp. 460,089 16,480
  Kforce Inc. 277,604 16,281
* Energy Recovery Inc. 745,770 16,213
*,1 Joby Aviation Inc. 3,722,550 16,119
* NOW Inc. 1,553,130 15,609

          Shares Market
Value
($000)
  MillerKnoll Inc.    996,490     15,545
* Allegiant Travel Co.    209,089     15,259
* Construction Partners Inc. Class A    572,104     15,006
  Granite Construction Inc.    585,540     14,867
  HNI Corp.    553,845     14,682
*,1 Virgin Galactic Holdings Inc.  3,086,770     14,539
  Marten Transport Ltd.    758,588     14,535
* 3D Systems Corp.  1,799,663     14,361
*,1 Nikola Corp.  4,070,674     14,329
* TuSimple Holdings Inc. Class A  1,871,637     14,224
* Proto Labs Inc.    385,428     14,041
* Planet Labs PBC  2,571,083     13,961
  Enerpac Tool Group Corp. Class A    772,388     13,772
  Tennant Co.    239,952     13,572
* CoreCivic Inc. 1,534,740 13,567
* GEO Group Inc. 1,728,663 13,311
* Gates Industrial Corp. plc 1,343,275 13,110
*,1 Proterra Inc. 2,603,928 12,968
  Standex International Corp. 155,064 12,661
  H&E Equipment Services Inc. 444,694 12,603
  Healthcare Services Group Inc. 1,041,417 12,591
  AZZ Inc. 344,015 12,560
* Montrose Environmental Group Inc. 371,337 12,495
* Hillman Solutions Corp. 1,647,536 12,422
* Hayward Holdings Inc. 1,376,232 12,207
* Rocket Lab USA Inc. 2,926,566 11,911
  Apogee Enterprises Inc. 311,289 11,897
* ACV Auctions Inc. Class A 1,587,699 11,416
* SkyWest Inc. 698,804 11,363
*,1 Legalzoom.com Inc. 1,314,724 11,267
  Greenbrier Cos. Inc. 454,787 11,038
  Primoris Services Corp. 678,828 11,031
  Kaman Corp. 391,044 10,922
* Aurora Innovation Inc. 4,939,641 10,917
  Wabash National Corp. 696,478 10,837
  GrafTech International Ltd. 2,456,879 10,589
  Columbus McKinnon Corp. 397,828 10,407
* SP Plus Corp. 328,471 10,288
* American Woodmark Corp. 234,293 10,276
*,1 Blink Charging Co. 579,816 10,274
  Deluxe Corp. 603,367 10,046
* First Advantage Corp. 780,335 10,012
  Astec Industries Inc. 318,271 9,927
  Schneider National Inc. Class B 487,752 9,901
* Hawaiian Holdings Inc. 736,352 9,683
* Janus International Group Inc. 1,071,446 9,557
  Heartland Express Inc. 664,663 9,511
*,1 SES AI Corp. 1,940,855 9,471
* JELD-WEN Holding Inc. 1,075,847 9,414
* Viad Corp. 294,902 9,313
* Sterling Infrastructure Inc. 431,896 9,273
  Shyft Group Inc. 447,290 9,138
  Douglas Dynamics Inc. 321,950 9,021
* TrueBlue Inc. 462,007 8,815
  Matthews International Corp. Class A 388,975 8,717
* Titan International Inc. 709,956 8,619
*,1 Desktop Metal Inc. Class A 3,221,098 8,343
* BlueLinx Holdings Inc. 132,713 8,241

          Shares Market
Value
($000)
* MRC Global Inc.  1,129,480      8,121
  Steelcase Inc. Class A  1,229,249      8,015
* Titan Machinery Inc.    282,410      7,981
  CRA International Inc.     89,325      7,927
* Franklin Covey Co.    172,590      7,834
  Resources Connection Inc.    432,236      7,811
* Triumph Group Inc.    905,340      7,777
  Gorman-Rupp Co.    323,489      7,696
  Interface Inc. Class A    843,135      7,580
  Quanex Building Products Corp.    413,572      7,510
* Transcat Inc.     98,932      7,488
  Ennis Inc.    364,281      7,333
  Insteel Industries Inc.    275,483      7,309
* Great Lakes Dredge & Dock Corp.    944,534      7,160
  Heidrick & Struggles International Inc. 275,480 7,160
*,1 Fluence Energy Inc. Class A 482,773 7,044
  Barrett Business Services Inc. 87,231 6,804
* Cimpress plc 276,280 6,763
  ACCO Brands Corp. 1,376,960 6,747
  Argan Inc. 208,536 6,709
  Kelly Services Inc. Class A 493,496 6,707
* Heritage-Crystal Clean Inc. 219,044 6,477
* Thermon Group Holdings Inc. 411,442 6,340
* Babcock & Wilcox Enterprises Inc. 990,951 6,322
  Global Industrial Co. 234,808 6,300
1 Tecnoglass Inc. 297,042 6,235
  Genco Shipping & Trading Ltd. 489,570 6,134
* Sun Country Airlines Holdings Inc. 438,720 5,971
  Eagle Bulk Shipping Inc. 137,136 5,922
* TPI Composites Inc. 524,554 5,917
* Forrester Research Inc. 163,587 5,891
  Luxfer Holdings plc 384,463 5,575
* Infrastructure & Energy Alternatives Inc. 410,663 5,560
* Sterling Check Corp. 315,195 5,560
  Pitney Bowes Inc. 2,362,800 5,505
  Rush Enterprises Inc. Class B 112,598 5,395
* Ducommun Inc. 132,355 5,249
  REV Group Inc. 471,268 5,198
* Custom Truck One Source Inc. 891,609 5,198
  Allied Motion Technologies Inc. 178,792 5,117
* Frontier Group Holdings Inc. 520,894 5,053
  VSE Corp. 142,668 5,050
  Cadre Holdings Inc. 203,641 4,900
* CIRCOR International Inc. 295,107 4,866
* Hyliion Holdings Corp. 1,660,409 4,765
* V2X Inc. 133,850 4,738
* Daseke Inc. 863,857 4,673
*,1 Microvast Holdings Inc. 2,579,721 4,669
  Aris Water Solution Inc. Class A 359,879 4,592
*,1 Archer Aviation Inc. Class A 1,745,416 4,556
  National Presto Industries Inc. 69,459 4,518
* HireRight Holdings Corp. 295,917 4,516
* DXP Enterprises Inc. 189,642 4,491
* Harsco Corp. 1,133,381 4,239
*,1 Energy Vault Holdings Inc. 785,800 4,149
  Covenant Logistics Group Inc. Class A 140,272 4,026
* AerSale Corp. 215,325 3,992
* Manitowoc Co. Inc. 511,323 3,963

          Shares Market
Value
($000)
  Alta Equipment Group Inc.    347,612      3,827
* BrightView Holdings Inc.    479,691      3,809
  Omega Flex Inc.     40,875      3,786
* CECO Environmental Corp.    427,598      3,784
* Northwest Pipe Co.    127,093      3,571
  Park Aerospace Corp.    316,309      3,492
* IES Holdings Inc.    122,362      3,380
  Miller Industries Inc.    158,744      3,380
  Kimball International Inc. Class B    521,867      3,283
  Universal Logistics Holdings Inc.    103,375      3,279
* Tutor Perini Corp.    592,371      3,270
*,1 FiscalNote Holdings Inc.    509,035      3,243
*,1 Velo3D Inc.    820,860      3,234
* FTAI Infrastructure Inc.  1,347,300      3,234
* Hudson Technologies Inc. 437,171 3,213
*,1 ESS Tech Inc. 777,617 3,180
  LSI Industries Inc. 397,782 3,059
* PAM Transportation Services Inc. 94,890 2,938
  Preformed Line Products Co. 41,158 2,928
* Atlas Technical Consultants Inc. Class A 440,263 2,928
* Wheels Up Experience Inc. 2,524,552 2,903
  Hyster-Yale Materials Handling Inc. 133,633 2,874
*,1 NuScale Power Corp. 235,753 2,754
* Astronics Corp. 348,489 2,739
  Powell Industries Inc. 129,883 2,738
*,1 Sarcos Technology & Robotics Corp. 1,204,198 2,673
*,1 Blade Air Mobility Inc. 641,231 2,584
* Willdan Group Inc. 167,641 2,483
* Red Violet Inc. 141,569 2,452
* Blue Bird Corp. 289,116 2,414
* Innovative Solutions & Support Inc. 279,696 2,414
*,1 Heliogen Inc. 1,272,551 2,367
* Hill International Inc. 712,201 2,365
* Yellow Corp. 465,327 2,359
* Radiant Logistics Inc. 413,255 2,351
* Bowman Consulting Group Ltd. Class A 152,274 2,223
*,1 Skillsoft Corp. 1,168,729 2,139
* Distribution Solutions Group Inc. 74,490 2,098
*,1 Hyzon Motors Inc. 1,220,210 2,074
  Hurco Cos. Inc. 88,184 1,982
* NeoVolta Inc. 365,143 1,837
* Concrete Pumping Holdings Inc. 281,486 1,816
* Commercial Vehicle Group Inc. 402,863 1,813
*,1 Markforged Holding Corp. 911,060 1,804
*,1 SKYX Platforms Corp. 489,023 1,804
* RCM Technologies Inc. 107,123 1,788
* Quest Resource Holding Corp. 205,290 1,733
* Matrix Service Co. 390,745 1,618
  Pangaea Logistics Solutions Ltd. 349,494 1,615
* American Superconductor Corp. 363,751 1,593
*,1 Beam Global 129,186 1,576
*,1 Advent Technologies Holdings Inc. 505,567 1,547
*,1 Spire Global Inc. 1,430,750 1,545
  Eastern Co. 88,795 1,541
* DLH Holdings Corp. 125,624 1,541
* Willis Lease Finance Corp. 46,993 1,539
*,1 Symbotic Inc. Class A 132,400 1,523
  BGSF Inc. 136,529 1,517

          Shares Market
Value
($000)
* Twin Disc Inc.    129,437      1,485
  Park-Ohio Holdings Corp.    125,056      1,414
* L B Foster Co. Class A    142,200      1,388
*,1 Terran Orbital Corp.    782,660      1,385
* EVI Industries Inc.     74,732      1,356
  Graham Corp.    147,083      1,293
* Performant Financial Corp.    685,773      1,269
*,1 Sunworks Inc.    454,901      1,269
* Gencor Industries Inc.    137,266      1,237
* Knightscope Inc. Class A    510,157      1,235
  ARC Document Solutions Inc.    533,380      1,205
* Orion Group Holdings Inc.    456,467      1,205
* Quad/Graphics Inc.    470,360      1,204
* GEE Group Inc.  1,898,034      1,198
* Mistras Group Inc. 260,690 1,163
*,1 BlackSky Technology Inc. 770,419 1,156
* Karat Packaging Inc. 70,978 1,135
* Manitex International Inc. 195,573 1,121
* Byrna Technologies Inc. 227,102 1,067
* NN Inc. 612,157 1,047
*,1 Astra Space Inc. 1,706,484 1,043
  NL Industries Inc. 134,360 1,039
* Momentus Inc. Class A 710,581 973
* Hydrofarm Holdings Group Inc. 494,552 959
*,1 Energous Corp. 926,993 955
* KULR Technology Group Inc. 739,737 947
*,1 Berkshire Grey Inc. 545,737 928
*,1 BitNile Holdings Inc. 5,069,302 928
*,1 View Inc. 677,036 907
* FTC Solar Inc. 305,975 906
*,1 Eos Energy Enterprises Inc. 537,466 898
*,1 Xos Inc. 747,681 897
* US Xpress Enterprises Inc. Class A 347,528 855
* Limbach Holdings Inc. 109,220 830
* Hudson Global Inc. 24,661 829
* Mayville Engineering Co. Inc. 125,036 814
* Ideal Power Inc. 77,902 806
* VirTra Inc. 139,803 756
*,1 Aqua Metals Inc. 989,763 747
* Mesa Air Group Inc. 447,024 738
  Acme United Corp. 31,843 733
* Broadwind Inc. 242,181 731
* Alpha Pro Tech Ltd. 176,646 715
* Orion Energy Systems Inc. 453,348 707
*,1 Bird Global Inc. Class A 1,961,426 692
* FreightCar America Inc. 183,723 685
* Perma-Pipe International Holdings Inc. 72,289 683
* Mastech Digital Inc. 46,161 682
* Virco Manufacturing Corp. 152,389 649
* Westwater Resources Inc. 554,908 633
*,1 Ocean Power Technologies Inc. 752,572 617
*,1 Lightning eMotors Inc. 372,740 578
*,1 Romeo Power Inc. 1,383,872 554
* Redwire Corp. 232,847 554
* Orbital Infrastructure Group Inc. 1,147,712 545
* Ultralife Corp. 109,767 528
  HireQuest Inc. 39,977 516
* Team Inc. 480,778 510

          Shares Market
Value
($000)
*,1 AgEagle Aerial Systems Inc.  1,079,804        502
* Perma-Fix Environmental Services Inc.     99,897        448
* INNOVATE Corp.    622,508        436
* Fuel Tech Inc.    347,225        406
* LS Starrett Co. Class A     44,215        390
* Williams Industrial Services Group Inc.    250,947        371
* Taylor Devices Inc.     35,598        362
* Capstone Green Energy Corp.    192,817        341
* Air T Inc.     19,355        331
* SG Blocks Inc.    183,195        324
* Urban-Gro Inc.    110,909        309
* Air Industries Group    452,721        299
* Charah Solutions Inc.    155,860        285
*,1 Flux Power Holdings Inc.    107,827        276
* India Globalization Capital Inc. 629,478 271
*,1 Odyssey Marine Exploration Inc. Class B 85,385 265
* Nuvve Holding Corp. 177,660 249
* Jewett-Cameron Trading Co. Ltd. 44,541 236
* HyreCar Inc. 251,372 231
* iSun Inc. 97,442 215
* Servotronics Inc. 19,002 214
* Polar Power Inc. 79,893 197
* SIFCO Industries Inc. 59,569 183
1 Mega Matrix Corp. 106,575 180
* Pioneer Power Solutions Inc. 58,157 165
* Astrotech Corp. 350,646 155
*,1,2 FTE Networks Inc. 82,837 124
*,1 Agrify Corp. 277,822 121
* Aeroclean Technologies Inc. 41,422 120
* DSS Inc. 433,041 111
* Sigma Additive Solutions Inc. 135,116 110
* LiqTech International Inc. 246,351 94
* Applied UV Inc. 68,188 93
* Wilhelmina International Inc. 22,778 93
*,1 Sidus Space Inc. Class A 40,962 86
* JanOne Inc. 39,400 84
* Espey Manufacturing & Electronics Corp. 4,426 61
*,1 Shapeways Holdings Inc. 95,623 60
* FGI Industries Ltd. 26,156 58
  P&F Industries Inc. Class A 9,628 51
* Staffing 360 Solutions Inc. 15,190 47
*,1 TOMI Environmental Solutions Inc. 64,701 46
* Energy Focus Inc. 81,557 42
  Pineapple Energy Inc. 44,913 39
* Helbiz Inc. 106,121 37
*,1 ShiftPixy Inc. 2,429 34
*,1 Fast Radius Inc. 73,145 29
* CEA Industries Inc. 23,969 25
* Gaucho Group Holdings Inc. 107,968 24
* Where Food Comes From Inc. 1,111 11
  Patriot Transportation Holding Inc. 729 6
*,2 Recycling Asset Holdings Inc. 43,054 5
* American Rebel Holdings Inc. 5,905 2
            10,907,745
Information Technology (19.1%)
* Palo Alto Networks Inc. 4,015,350 657,674
* Snowflake Inc. Class A 3,647,719 619,966
  Marvell Technology Inc. 11,399,050 489,133

          Shares Market
Value
($000)
* Crowdstrike Holdings Inc. Class A  2,870,032    473,010
* Workday Inc. Class A  2,673,703    406,991
* Block Inc. Class A  7,123,824    391,739
  VMware Inc. Class A  2,769,844    294,878
* Datadog Inc. Class A  3,188,590    283,083
* Zoom Video Communications Inc. Class A  2,974,711    218,909
* Cloudflare Inc. Class A  3,800,613    210,212
* Palantir Technologies Inc. Class A 23,506,273    191,106
* Zscaler Inc.  1,121,884    184,404
* MongoDB Inc. Class A    915,654    181,812
* First Solar Inc.  1,331,235    176,082
* HubSpot Inc.    646,024    174,504
* Wolfspeed Inc.  1,659,983    171,576
  Entegris Inc.  1,997,235    165,810
* Twilio Inc. Class A 2,330,876 161,157
* Bill.com Holdings Inc. 1,177,779 155,903
* Splunk Inc. 1,988,874 149,563
* GoDaddy Inc. Class A 2,097,356 148,661
  SS&C Technologies Holdings Inc. 2,974,636 142,039
* Fair Isaac Corp. 339,031 139,684
* Black Knight Inc. 2,094,471 135,575
* DocuSign Inc. Class A 2,504,638 133,923
* Paylocity Holding Corp. 549,435 132,733
* Zendesk Inc. 1,660,609 126,372
  Dell Technologies Inc. Class C 3,550,247 121,312
* Okta Inc. Class A 2,027,642 115,312
* Manhattan Associates Inc. 839,535 111,683
* Avalara Inc. 1,188,536 109,108
  Jabil Inc. 1,838,552 106,103
* Pure Storage Inc. Class A 3,739,973 102,363
  Genpact Ltd. 2,258,968 98,875
  Cognex Corp. 2,331,784 96,652
* Dynatrace Inc. 2,705,430 94,176
* Aspen Technology Inc. 386,135 91,977
* Lattice Semiconductor Corp. 1,834,530 90,277
* Ciena Corp. 2,007,087 81,147
  Bentley Systems Inc. Class B 2,621,811 80,201
* Arrow Electronics Inc. 855,588 78,877
*,1 Unity Software Inc. 2,409,167 76,756
* Dropbox Inc. Class A 3,670,429 76,051
* WEX Inc. 592,841 75,255
* Elastic NV 1,025,406 73,563
* Five9 Inc. 943,149 70,717
  Western Union Co. 5,164,048 69,715
* Guidewire Software Inc. 1,128,994 69,523
* SentinelOne Inc. Class A 2,686,980 68,679
* Toast Inc. Class A 4,051,955 67,749
  National Instruments Corp. 1,779,225 67,148
  Littelfuse Inc. 332,802 66,124
* Qualys Inc. 470,521 65,586
* ExlService Holdings Inc. 442,091 65,147
  Concentrix Corp. 572,677 63,928
* Lumentum Holdings Inc. 925,791 63,481
* Nutanix Inc. Class A 3,028,817 63,090
  MKS Instruments Inc. 763,413 63,088
  Switch Inc. Class A 1,838,297 61,932
* Coherent Corp. 1,741,813 60,702
* Rogers Corp. 250,664 60,631

          Shares Market
Value
($000)
* SPS Commerce Inc.    487,231     60,529
* Smartsheet Inc. Class A  1,743,221     59,897
* Coupa Software Inc.  1,018,117     59,865
* UiPath Inc. Class A  4,667,941     58,863
* Silicon Laboratories Inc.    459,078     56,669
* Novanta Inc.    479,291     55,430
  Universal Display Corp.    582,427     54,952
  Dolby Laboratories Inc. Class A    821,307     53,508
* Synaptics Inc.    530,198     52,495
* Tenable Holdings Inc.  1,500,187     52,207
*,1 Affirm Holdings Inc. Class A  2,773,779     52,036
* Cirrus Logic Inc.    742,765     51,102
  Power Integrations Inc.    764,896     49,198
* Euronet Worldwide Inc.    631,594     47,850
* Workiva Inc. Class A 613,790 47,753
* Fabrinet 495,001 47,248
* Box Inc. Class A 1,930,216 47,078
* Calix Inc. 768,703 46,999
  Maximus Inc. 811,182 46,943
  TD SYNNEX Corp. 563,909 45,784
* Alteryx Inc. Class A 817,154 45,630
* Procore Technologies Inc. 920,311 45,537
  Avnet Inc. 1,258,797 45,468
* Confluent Inc. Class A 1,900,727 45,180
* New Relic Inc. 770,545 44,214
* Blackline Inc. 728,136 43,615
* Alarm.com Holdings Inc. 665,430 43,160
* Teradata Corp. 1,374,608 42,695
* Onto Innovation Inc. 661,956 42,398
* RingCentral Inc. Class A 1,039,178 41,526
* Viavi Solutions Inc. 3,023,041 39,451
  Advanced Energy Industries Inc. 505,222 39,109
* Varonis Systems Inc. Class B 1,473,764 39,084
* Diodes Inc. 600,635 38,987
* Marqeta Inc. Class A 5,394,532 38,409
* Sprout Social Inc. Class A 621,524 37,714
* IPG Photonics Corp. 446,371 37,651
* Rambus Inc. 1,460,951 37,137
* Gitlab Inc. Class A 721,343 36,947
* Sanmina Corp. 783,721 36,114
  Badger Meter Inc. 389,264 35,964
* MACOM Technology Solutions Holdings Inc. 694,123 35,949
  Belden Inc. 590,333 35,432
  Vontier Corp. 2,110,961 35,274
* nCino Inc. 1,025,330 34,974
* NCR Corp. 1,835,175 34,887
* Rapid7 Inc. 782,760 33,580
* Insight Enterprises Inc. 404,946 33,372
* Super Micro Computer Inc. 596,049 32,824
* Envestnet Inc. 733,741 32,578
* CommVault Systems Inc. 611,986 32,460
* Plexus Corp. 369,509 32,354
* AppLovin Corp. Class A 1,650,273 32,164
* MaxLinear Inc. Class A 984,135 32,102
* ACI Worldwide Inc. 1,519,700 31,762
  Vishay Intertechnology Inc. 1,736,361 30,890
* Shift4 Payments Inc. Class A 687,208 30,656
* Altair Engineering Inc. Class A 692,757 30,634

          Shares Market
Value
($000)
* Viasat Inc.  1,006,901     30,439
* Perficient Inc.    460,800     29,961
  Kulicke & Soffa Industries Inc.    774,180     29,829
*,1 DigitalOcean Holdings Inc.    820,703     29,685
* Verra Mobility Corp. Class A  1,907,971     29,326
* Verint Systems Inc.    850,909     28,574
* Ping Identity Holding Corp.  1,014,129     28,467
* NetScout Systems Inc.    907,201     28,414
  EVERTEC Inc.    901,170     28,252
* Axcelis Technologies Inc.    454,192     27,506
* Ambarella Inc.    484,989     27,247
* Blackbaud Inc.    595,957     26,258
*,1 MicroStrategy Inc. Class A    123,554     26,226
* Appfolio Inc. Class A    249,708     26,149
* FormFactor Inc. 1,029,696 25,794
* Semtech Corp. 869,775 25,580
* CommScope Holding Co. Inc. 2,759,798 25,418
* Freshworks Inc. Class A 1,958,495 25,402
* PagerDuty Inc. 1,094,254 25,244
* Itron Inc. 598,513 25,203
* Q2 Holdings Inc. 758,702 24,430
  Progress Software Corp. 570,844 24,289
* DoubleVerify Holdings Inc. 856,507 23,425
* Appian Corp. Class A 565,840 23,103
* Kyndryl Holdings Inc. 2,768,483 22,895
* Impinj Inc. 285,485 22,847
*,1 Asana Inc. Class A 1,018,276 22,636
  CSG Systems International Inc. 427,352 22,598
  Amkor Technology Inc. 1,315,849 22,435
* Extreme Networks Inc. 1,694,102 22,142
* Sabre Corp. 4,298,456 22,137
* Clear Secure Inc. Class A 959,412 21,932
* Evo Payments Inc. Class A 657,288 21,888
* KnowBe4 Inc. Class A 1,048,835 21,826
  Xerox Holdings Corp. 1,540,386 20,148
  Adeia Inc. 1,347,776 19,058
* Flywire Corp. 826,178 18,969
* Harmonic Inc. 1,446,476 18,905
* Paycor HCM Inc. 636,597 18,818
* Allegro MicroSystems Inc. 856,225 18,709
* TTM Technologies Inc. 1,403,768 18,502
  ADTRAN Holdings Inc. 943,254 18,469
  Methode Electronics Inc. 482,013 17,907
* Digital Turbine Inc. 1,215,329 17,513
* Cohu Inc. 673,675 17,367
  Pegasystems Inc. 536,402 17,240
  CTS Corp. 412,126 17,165
*,1 HashiCorp Inc. Class A 532,305 17,135
* SiTime Corp. 215,154 16,939
* Everbridge Inc. 547,426 16,905
* Digi International Inc. 487,563 16,855
* Clearfield Inc. 157,661 16,498
* Payoneer Global Inc. 2,723,523 16,477
1 Ubiquiti Inc. 55,256 16,221
* Ultra Clean Holdings Inc. 621,491 16,003
* Model N Inc. 464,179 15,889
* LiveRamp Holdings Inc. 870,092 15,801
* OSI Systems Inc. 218,855 15,771

          Shares Market
Value
($000)
  InterDigital Inc.    389,554     15,746
* ePlus Inc.    375,099     15,582
*,1 Marathon Digital Holdings Inc.  1,454,580     15,579
* Knowles Corp.  1,268,252     15,435
* Agilysys Inc.    274,102     15,172
* AvidXchange Holdings Inc.  1,797,337     15,134
* Qualtrics International Inc. Class A  1,467,045     14,935
* Remitly Global Inc.  1,293,380     14,382
*,1 Braze Inc. Class A    410,076     14,283
* PROS Holdings Inc.    566,878     14,002
* Fastly Inc. Class A  1,521,646     13,938
*,1 C3.ai Inc. Class A  1,114,343     13,929
* MoneyGram International Inc.  1,320,135     13,729
* E2open Parent Holdings Inc.  2,245,641     13,631
* Jamf Holding Corp. 604,801 13,402
*,1 Credo Technology Group Holding Ltd. 1,214,116 13,355
*,1 Samsara Inc. Class A 1,099,410 13,270
* Veeco Instruments Inc. 711,123 13,028
* CCC Intelligent Solutions Holdings Inc. 1,419,185 12,915
*,1 Riot Blockchain Inc. 1,830,092 12,829
* Duck Creek Technologies Inc. 1,060,019 12,561
* Infinera Corp. 2,591,052 12,541
*,1 Mirion Technologies Inc. 1,675,006 12,512
* Zuora Inc. Class A 1,685,902 12,442
* BigCommerce Holdings Inc. 837,259 12,391
* Photronics Inc. 847,158 12,385
  Benchmark Electronics Inc. 497,494 12,328
  A10 Networks Inc. 926,181 12,290
* Grid Dynamics Holdings Inc. 647,930 12,136
* Squarespace Inc. Class A 567,344 12,118
* Napco Security Technologies Inc. 409,517 11,909
*,1 Clearwater Analytics Holdings Inc. Class A 694,497 11,661
* Olo Inc. Class A 1,454,244 11,489
*,1 Matterport Inc. 3,002,373 11,379
  TTEC Holdings Inc. 256,100 11,348
* Zeta Global Holdings Corp. Class A 1,671,840 11,051
* Sumo Logic Inc. 1,450,450 10,878
* Amplitude Inc. Class A 698,145 10,800
* Consensus Cloud Solutions Inc. 225,133 10,649
* International Money Express Inc. 463,527 10,564
* PAR Technology Corp. 357,535 10,558
*,1 Lightwave Logic Inc. 1,432,574 10,515
* Momentive Global Inc. 1,801,181 10,465
*,1 IonQ Inc. 2,032,577 10,305
* PDF Solutions Inc. 418,406 10,264
* Informatica Inc. Class A 511,350 10,263
* SMART Global Holdings Inc. 644,390 10,226
* Avid Technology Inc. 430,478 10,013
* BTRS Holdings Inc. 1,062,471 9,838
* Ichor Holdings Ltd. 397,365 9,620
* ScanSource Inc. 357,682 9,446
* Thoughtworks Holding Inc. 886,682 9,301
* Alpha & Omega Semiconductor Ltd. 296,881 9,132
* LivePerson Inc. 960,452 9,047
*,1 Expensify Inc. Class A 598,153 8,901
* N-able Inc. 959,729 8,858
* Cerence Inc. 543,302 8,557
* CEVA Inc. 326,224 8,557

          Shares Market
Value
($000)
* ChannelAdvisor Corp.    369,382      8,370
*,1 MicroVision Inc.  2,299,388      8,301
* EngageSmart Inc.    396,723      8,208
* NETGEAR Inc.    408,131      8,179
* Conduent Inc.  2,283,627      7,627
* Sprinklr Inc. Class A    819,343      7,554
* Domo Inc. Class B    419,569      7,548
* Alkami Technology Inc.    497,534      7,488
* Repay Holdings Corp. Class A  1,059,321      7,479
* Paya Holdings Inc.  1,196,060      7,308
* FARO Technologies Inc.    262,205      7,195
* Unisys Corp.    951,054      7,180
  American Software Inc. Class A    449,513      6,887
* Vertex Inc. Class A    501,525      6,856
  PC Connection Inc. 151,186 6,817
* Telos Corp. 751,937 6,685
* ACM Research Inc. Class A 519,472 6,473
*,1 Corsair Gaming Inc. 566,030 6,424
  Ebix Inc. 332,826 6,314
* TaskUS Inc. Class A 388,794 6,260
* I3 Verticals Inc. Class A 312,445 6,258
* indie Semiconductor Inc. Class A 846,770 6,198
* ForgeRock Inc. Class A 426,308 6,194
* nLight Inc. 628,398 5,938
* Yext Inc. 1,321,036 5,892
  Hackett Group Inc. 328,378 5,819
*,1 SEMrush Holdings Inc. Class A 517,876 5,805
* Mitek Systems Inc. 632,078 5,790
* Kimball Electronics Inc. 337,244 5,784
* 8x8 Inc. 1,650,758 5,695
* Arlo Technologies Inc. 1,226,729 5,692
  Cass Information Systems Inc. 163,074 5,657
*,1 Navitas Semiconductor Corp. 1,107,158 5,370
* CyberOptics Corp. 99,779 5,366
* Edgio Inc. 1,926,263 5,355
* Vishay Precision Group Inc. 180,960 5,355
* ON24 Inc. 599,450 5,275
*,1 AvePoint Inc. 1,276,017 5,117
*,1 SoundHound AI Inc. 1,555,970 5,104
* Instructure Holdings Inc. 228,700 5,095
*,1 Tucows Inc. Class A 135,592 5,073
*,1 Blend Labs Inc. Class A 2,295,563 5,073
  SolarWinds Corp. 641,818 4,974
*,1 908 Devices Inc. 301,976 4,968
*,1 Cvent Holding Corp. Class A 919,022 4,825
* Couchbase Inc. 335,222 4,784
*,1 Aehr Test Systems 316,911 4,468
* MeridianLink Inc. 272,945 4,444
* Intapp Inc. 235,406 4,395
* OneSpan Inc. 509,513 4,387
* Eastman Kodak Co. 952,574 4,372
* EverCommerce Inc. 399,006 4,361
  Bel Fuse Inc. Class B 169,576 4,282
*,1 Core Scientific Inc. 3,250,370 4,225
* SmartRent Inc. Class A 1,730,242 3,928
* Identiv Inc. 306,898 3,849
  Comtech Telecommunications Corp. 370,060 3,704
* AXT Inc. 544,121 3,646

          Shares Market
Value
($000)
*,1 Rackspace Technology Inc.    870,537      3,552
* Aviat Networks Inc.    128,216      3,511
* Brightcove Inc.    552,582      3,481
* ShotSpotter Inc.    119,993      3,451
* Rimini Street Inc.    738,302      3,440
*,1 Meta Materials Inc.  5,136,780      3,334
*,1 Cyxtera Technologies Inc.    770,038      3,142
* Upland Software Inc.    382,605      3,111
  NVE Corp.     66,509      3,103
*,1 Atomera Inc.    299,295      3,032
* Cantaloupe Inc.    850,642      2,960
*,1 Digimarc Corp.    203,742      2,761
* Benefitfocus Inc.    428,732      2,722
* DZS Inc.    234,810      2,653
* Ribbon Communications Inc. 1,182,946 2,626
* Cambium Networks Corp. 152,858 2,586
* Velodyne Lidar Inc. 2,679,205 2,537
*,1 ZeroFox Holdings Inc. 412,400 2,516
* Aeva Technologies Inc. 1,291,962 2,416
* Diebold Nixdorf Inc. 976,284 2,382
*,1 Veritone Inc. 420,513 2,367
*,1 UserTesting Inc. 600,200 2,353
*,1 Focus Universal Inc. 250,512 2,350
* Inseego Corp. 1,121,145 2,321
  Information Services Group Inc. 483,446 2,301
* eGain Corp. 311,555 2,290
* Immersion Corp. 416,460 2,286
  Richardson Electronics Ltd. 146,516 2,212
* PFSweb Inc. 236,891 2,208
*,1 Akoustis Technologies Inc. 729,245 2,166
* KVH Industries Inc. 220,466 2,033
* CoreCard Corp. 90,397 1,968
*,1 Transphorm Inc. 388,486 1,954
*,1 Weave Communications Inc. 381,600 1,927
* CalAmp Corp. 501,566 1,926
* Luna Innovations Inc. 432,493 1,920
* Paymentus Holdings Inc. Class A 196,294 1,908
* Rigetti Computing Inc. 1,004,867 1,889
*,1 Avaya Holdings Corp. 1,163,650 1,850
* Arteris Inc. 267,973 1,785
* Iteris Inc. 594,898 1,767
* CS Disco Inc. 174,158 1,742
* Enfusion Inc. Class A 140,734 1,737
* Casa Systems Inc. 539,439 1,688
* Lantronix Inc. 348,613 1,677
* Quantum Corp. 1,552,943 1,677
*,1 Cleanspark Inc. 521,350 1,658
* Powerfleet Inc. 535,648 1,650
*,1 AEye Inc. 1,456,343 1,617
* Evolv Technologies Holdings Inc. 750,671 1,591
*,1 Ondas Holdings Inc. 424,177 1,569
* Intevac Inc. 335,609 1,561
* Daktronics Inc. 569,171 1,542
* Amtech Systems Inc. 181,247 1,541
* WM Technology Inc. 957,330 1,541
* Turtle Beach Corp. 220,140 1,501
* Genasys Inc. 539,552 1,495
*,1 Cerberus Cyber Sentinel Corp. 505,126 1,490

          Shares Market
Value
($000)
* Smith Micro Software Inc.    657,295      1,485
* Movano Inc.    512,575      1,410
* Kaltura Inc.    638,157      1,404
*,1 Phunware Inc.  1,157,403      1,366
* Synchronoss Technologies Inc.  1,182,868      1,348
* PCTEL Inc.    275,512      1,300
* Priority Technology Holdings Inc.    286,847      1,294
* Everspin Technologies Inc.    217,165      1,257
* Asure Software Inc.    218,983      1,253
* Computer Task Group Inc.    186,210      1,248
*,1 AgileThought Inc. Class A    314,214      1,225
* LiveVox Holdings Inc.    406,312      1,199
*,1 Latch Inc.  1,234,657      1,177
*,1 Paysign Inc.    495,746      1,175
* inTEST Corp. 148,143 1,130
* Kopin Corp. 1,069,064 1,123
* Alpine 4 Holdings Inc. 2,010,627 1,116
* SecureWorks Corp. Class A 137,720 1,109
* Airgain Inc. 152,031 1,096
* Pixelworks Inc. 670,552 1,080
*,1 VirnetX Holding Corp. 904,272 1,058
*,1 MICT Inc. 1,530,039 1,048
* Park City Group Inc. 193,141 1,033
* QuickLogic Corp. 157,615 1,020
*,1 Embark Technology Inc. 135,471 1,007
*,1 BM Technologies Inc. 144,161 964
* Sono-Tek Corp. 136,272 957
* AstroNova Inc. 81,242 951
*,1 Ouster Inc. 987,158 951
*,1 Applied Optoelectronics Inc. 348,449 948
* Innodata Inc. 295,732 893
*,1 Rockley Photonics Holdings Ltd. 1,250,934 888
* authID Inc. 281,693 814
* EMCORE Corp. 484,281 809
*,1 Dave Inc. 2,249,990 807
*,1 Airspan Networks Holdings Inc. 393,381 795
* Viant Technology Inc. Class A 188,194 792
  Wayside Technology Group Inc. 29,302 788
* CPI Card Group Inc. 48,983 772
* Research Frontiers Inc. 360,890 769
* Intrusion Inc. 157,429 759
*,1 Quantum Computing Inc. 301,538 757
*,1 NextNav Inc. 275,380 741
*,1 SkyWater Technology Inc. 96,677 740
* Cipher Mining Inc. 572,553 721
* LGL Group Inc. 63,106 714
* Issuer Direct Corp. 34,223 695
* Steel Connect Inc. 472,540 647
*,1 Red Cat Holdings Inc. 381,770 638
* GSI Technology Inc. 219,225 625
* Key Tronic Corp. 152,801 617
* Intellicheck Inc. 242,030 610
* Backblaze Inc. Class A 122,195 607
* NetSol Technologies Inc. 188,228 591
*,1 Wrap Technologies Inc. 337,522 577
* Inuvo Inc. 1,409,054 573
* One Stop Systems Inc. 167,844 537
*,1 eMagin Corp. 904,971 535

          Shares Market
Value
($000)
* RF Industries Ltd.     89,809        516
* Frequency Electronics Inc.     89,424        514
* SRAX Inc. Class A    286,040        489
*,1 Cepton Inc.    249,700        489
* StarTek Inc.    160,783        482
* Rekor Systems Inc.    470,915        471
*,1 Boxlight Corp. Class A    701,328        435
* TransAct Technologies Inc.    118,240        432
*,1 IronNet Inc.    624,581        430
* AudioEye Inc.     77,855        429
* Franklin Wireless Corp.    144,813        423
  CSP Inc.     58,049        417
* ClearSign Technologies Corp.    448,479        412
* LightPath Technologies Inc. Class A    369,197        395
* CPS Technologies Corp. 139,869 393
* Data I/O Corp. 131,381 367
* CVD Equipment Corp. 68,503 356
* TESSCO Technologies Inc. 84,807 351
* Optical Cable Corp. 101,217 349
*,1 Verb Technology Co. Inc. 735,948 346
* Aware Inc. 182,226 324
* Wireless Telecom Group Inc. 248,831 323
  Autoscope Technologies Corp. 70,421 320
* RealNetworks Inc. 451,582 314
* Usio Inc. 234,074 304
*,1 Greenidge Generation Holdings Inc. 149,284 299
*,1 Digital Ally Inc. 646,697 295
* Neonode Inc. 82,940 290
*,1 Vislink Technologies Inc. 667,529 283
* Electro-Sensors Inc. 52,778 267
* Marin Software Inc. 201,926 258
* SigmaTron International Inc. 54,207 257
*,1 Coda Octopus Group Inc. 45,235 244
*,1 SeaChange International Inc. 562,926 242
* WidePoint Corp. 112,347 239
*,1 Inpixon 1,930,911 238
* Research Solutions Inc. 116,162 237
*,1 GreenBox POS 241,671 236
* GSE Systems Inc. 255,595 230
* BSQUARE Corp. 189,335 220
*,1 Soluna Holdings Inc. 118,915 203
*,1 Bio-key International Inc. 118,874 182
* Universal Security Instruments Inc. 45,910 177
* Trio-Tech International 37,821 175
* ADDvantage Technologies Group Inc. 96,423 170
* TSR Inc. 23,470 169
* Peraso Inc. 96,818 165
* Glimpse Group Inc. 30,269 160
* Qumu Corp. 258,434 158
*,1 American Virtual Cloud Technologies Inc. 761,065 153
*,1 Exela Technologies Inc. 329,560 149
* Socket Mobile Inc. 66,909 142
* Bridgeline Digital Inc. 106,529 140
* Quanergy Systems Inc. 675,700 140
* VerifyMe Inc. 104,906 134
* BTCS Inc. 87,691 132
* SilverSun Technologies Inc. 44,830 126
* OMNIQ Corp. 21,027 126

          Shares Market
Value
($000)
*,1 AmpliTech Group Inc.     66,272        122
*,1 OLB Group Inc.    112,607        119
* Alfi Inc.    108,022        106
*,1 Stronghold Digital Mining Inc. Class A     96,856        101
* Auddia Inc.     71,444         95
*,1 Data Storage Corp.     39,506         81
  Crexendo Inc.     32,473         78
* WiSA Technologies Inc.    134,717         75
  Bel Fuse Inc. Class A      2,346         66
* DatChat Inc.     86,875         63
* ClearOne Inc.    114,463         62
* Cemtrex Inc.    244,785         51
*,1 ComSovereign Holding Corp.    556,676         43
* CYNGN Inc.     43,587         43
* Duos Technologies Group Inc. 8,583 35
* Akerna Corp. 303,367 27
* Sonim Technologies Inc. 40,633 20
2 SRAX Inc. 284,252 20
* Blackboxstocks Inc. 26,607 20
  BK Technologies Corp. 7,717 19
* Kaspien Holdings Inc. 12,336 19
* WaveDancer Inc. 19,301 18
            14,428,697
Materials (4.1%)
  Steel Dynamics Inc. 2,319,437 164,564
  RPM International Inc. 1,729,363 144,073
  Reliance Steel & Aluminum Co. 806,454 140,654
  Crown Holdings Inc. 1,627,926 131,911
* Cleveland-Cliffs Inc. 6,922,649 93,248
  AptarGroup Inc. 882,412 83,856
  Royal Gold Inc. 882,516 82,798
  Graphic Packaging Holding Co. 4,125,927 81,446
  Alcoa Corp. 2,414,512 81,272
* Berry Global Group Inc. 1,677,106 78,036
  Olin Corp. 1,803,193 77,321
  Sonoco Products Co. 1,301,226 73,819
* Livent Corp. 2,404,942 73,711
  Ashland Inc. 665,135 63,168
* Axalta Coating Systems Ltd. 2,975,365 62,661
  Huntsman Corp. 2,523,784 61,934
  Valvoline Inc. 2,370,275 60,063
  United States Steel Corp. 3,157,932 57,222
  Commercial Metals Co. 1,602,860 56,869
  Eagle Materials Inc. 504,856 54,110
  Balchem Corp. 433,179 52,666
  Chemours Co. 2,072,784 51,094
  Louisiana-Pacific Corp. 980,404 50,187
  Element Solutions Inc. 3,065,125 49,870
  Silgan Holdings Inc. 1,140,289 47,938
  Cabot Corp. 744,808 47,586
* ATI Inc. 1,719,839 45,765
  HB Fuller Co. 707,494 42,520
  Westlake Corp. 464,576 40,362
  Sensient Technologies Corp. 558,331 38,715
* Summit Materials Inc. Class A 1,579,597 37,847
  Avient Corp. 1,160,862 35,174
* MP Materials Corp. 1,239,013 33,825
*,1 Ginkgo Bioworks Holdings Inc. 10,396,900 32,438

          Shares Market
Value
($000)
* Ingevity Corp.    484,716     29,388
  Hecla Mining Co.  7,427,850     29,266
  Alpha Metallurgical Resources Inc.    213,111     29,162
  NewMarket Corp.     93,998     28,277
  Innospec Inc.    326,637     27,983
  Quaker Chemical Corp.    186,641     26,947
* O-I Glass Inc.  2,057,394     26,643
  Stepan Co.    279,663     26,196
  Greif Inc. Class A    422,588     25,174
* Arconic Corp.  1,380,658     23,526
  Scotts Miracle-Gro Co.    542,394     23,187
  Materion Corp.    283,954     22,716
  Minerals Technologies Inc.    432,822     21,386
  Warrior Met Coal Inc.    698,373     19,862
  Carpenter Technology Corp. 632,544 19,697
  Compass Minerals International Inc. 474,317 18,275
  Tronox Holdings plc Class A 1,484,759 18,188
* Perimeter Solutions SA 2,095,892 16,788
  Mativ Holdings Inc. 757,682 16,730
  Worthington Industries Inc. 409,165 15,606
  Sylvamo Corp. 440,684 14,939
*,1 PureCycle Technologies Inc. 1,786,547 14,417
* Coeur Mining Inc. 3,991,600 13,651
  TriMas Corp. 544,200 13,643
  Kaiser Aluminum Corp. 219,754 13,482
* Resolute Forest Products Inc. 629,549 12,591
  AdvanSix Inc. 390,715 12,542
* Piedmont Lithium Inc. 220,293 11,783
  Hawkins Inc. 270,024 10,528
  Schnitzer Steel Industries Inc. Class A 357,956 10,187
  Orion Engineered Carbons SA 751,770 10,036
*,1 Amyris Inc. 3,198,263 9,339
* Clearwater Paper Corp. 238,752 8,977
  Chase Corp. 106,461 8,897
* TimkenSteel Corp. 573,232 8,593
* Origin Materials Inc. 1,654,970 8,540
  Myers Industries Inc. 511,400 8,423
  Trinseo plc 441,296 8,085
  Ecovyst Inc. 951,949 8,034
* LSB Industries Inc. 539,210 7,684
  American Vanguard Corp. 385,793 7,214
  Ryerson Holding Corp. 275,883 7,101
  Mercer International Inc. 568,416 6,992
  SunCoke Energy Inc. 1,165,715 6,773
  Haynes International Inc. 184,067 6,464
* Intrepid Potash Inc. 132,977 5,262
  Koppers Holdings Inc. 252,692 5,251
* Diversey Holdings Ltd. 1,070,269 5,202
  Pactiv Evergreen Inc. 473,136 4,130
*,1 5E Advanced Materials Inc. 393,626 3,999
* Century Aluminum Co. 705,951 3,727
*,1 Danimer Scientific Inc. Class A 1,179,823 3,481
  Tredegar Corp. 361,223 3,410
* Aspen Aerogels Inc. 369,478 3,407
  Olympic Steel Inc. 132,807 3,029
  Ramaco Resources Inc. 325,438 2,994
* Rayonier Advanced Materials Inc. 870,744 2,743
  Kronos Worldwide Inc. 290,794 2,716

          Shares Market
Value
($000)
* Zymergen Inc.    926,275      2,575
  United States Lime & Minerals Inc.     22,733      2,323
  FutureFuel Corp.    378,631      2,287
* Dakota Gold Corp.    723,800      2,208
  Gold Resource Corp.  1,216,419      2,007
  Glatfelter Corp.    606,543      1,886
* Ranpak Holdings Corp. Class A    545,909      1,867
* Gatos Silver Inc.    640,290      1,716
* Ascent Industries Co.    114,447      1,603
* Smith-Midland Corp.     58,159      1,556
* McEwen Mining Inc.    463,364      1,511
*,1 Loop Industries Inc.    332,003      1,438
  Northern Technologies International Corp.     89,504      1,191
*,1 Hycroft Mining Holding Corp. Class A  1,842,144      1,114
* Core Molding Technologies Inc. 97,729 970
*,1 Flotek Industries Inc. 940,861 941
* Contango ORE Inc. 29,397 879
* Universal Stainless & Alloy Products Inc. 113,485 808
* Idaho Strategic Resources Inc. 168,894 802
* Advanced Emissions Solutions Inc. 280,196 765
  Friedman Industries Inc. 85,667 609
* AgroFresh Solutions Inc. 393,836 591
* Ampco-Pittsburgh Corp. 158,635 584
* United States Antimony Corp. 1,197,293 441
* Solitario Zinc Corp. 784,751 388
*,1 Golden Minerals Co. 1,362,026 351
* US Gold Corp. 48,538 182
*,1 Cryptyde Inc. 232,533 161
* Paramount Gold Nevada Corp. 339,615 105
* Crown ElectroKinetics Corp. 173,237 40
  Greif Inc. Class B 244 15
*,2 F-star Therapeutics Inc. CVR 40,838 3
*,2 Ikonics Corp. CVR 12,227
            3,125,903
Other (0.0%)3
*,2 Biosante Pharmaceutical Inc. CVR 44,795
Real Estate (6.4%)
  Sun Communities Inc. 1,651,481 223,495
  WP Carey Inc. 2,783,409 194,282
  Gaming & Leisure Properties Inc. 3,418,788 151,247
  Equity LifeStyle Properties Inc. 2,346,933 147,481
  American Homes 4 Rent Class A 4,054,284 133,021
  Life Storage Inc. 1,131,064 125,277
  CubeSmart 3,014,196 120,749
  Rexford Industrial Realty Inc. 2,286,830 118,915
  STORE Capital Corp. 3,570,125 111,852
  Healthcare Realty Trust Inc. Class A 5,113,530 106,617
* Jones Lang LaSalle Inc. 642,527 97,067
  Lamar Advertising Co. Class A 1,167,098 96,274
  Medical Properties Trust Inc. 8,042,643 95,386
  National Retail Properties Inc. 2,370,572 94,491
  Omega Healthcare Investors Inc. 3,146,685 92,796
  Americold Realty Trust Inc. 3,622,686 89,118
  EastGroup Properties Inc. 584,584 84,379
  Apartment Income REIT Corp. Class A 2,057,391 79,456
  First Industrial Realty Trust Inc. 1,767,842 79,217
  Brixmor Property Group Inc. 4,016,942 74,193

          Shares Market
Value
($000)
  Agree Realty Corp.  1,072,705     72,493
  STAG Industrial Inc.  2,417,188     68,721
  Spirit Realty Capital Inc.  1,836,272     66,400
* Zillow Group Inc. Class C  2,252,703     64,450
  Kilroy Realty Corp.  1,420,020     59,797
  Rayonier Inc.  1,965,761     58,914
  Ryman Hospitality Properties Inc.    741,717     54,583
  Kite Realty Group Trust  2,962,648     51,017
  Independence Realty Trust Inc.  2,991,780     50,052
  National Storage Affiliates Trust  1,152,679     47,928
  Cousins Properties Inc.  2,042,802     47,699
  Terreno Realty Corp.    892,827     47,311
  Physicians Realty Trust  3,013,491     45,323
  PotlatchDeltic Corp.  1,087,018     44,611
  Phillips Edison & Co. Inc. 1,570,490 44,052
  Douglas Emmett Inc. 2,380,050 42,674
  Sabra Health Care REIT Inc. 3,085,253 40,478
  Apple Hospitality REIT Inc. 2,840,257 39,934
  Highwoods Properties Inc. 1,404,694 37,871
  Essential Properties Realty Trust Inc. 1,913,684 37,221
  Broadstone Net Lease Inc. 2,342,431 36,378
  Equity Commonwealth 1,482,586 36,116
  EPR Properties 1,006,653 36,099
  Corporate Office Properties Trust 1,498,612 34,813
1 SL Green Realty Corp. 862,524 34,639
  LXP Industrial Trust 3,762,009 34,460
  Park Hotels & Resorts Inc. 3,026,687 34,080
  National Health Investors Inc. 601,447 34,000
  Innovative Industrial Properties Inc. 372,410 32,958
  Outfront Media Inc. 1,935,815 29,405
* Howard Hughes Corp. 487,120 26,982
  Sunstone Hotel Investors Inc. 2,838,165 26,735
  SITE Centers Corp. 2,493,369 26,704
  Four Corners Property Trust Inc. 1,096,103 26,515
  JBG SMITH Properties 1,358,064 25,233
  Pebblebrook Hotel Trust 1,737,359 25,209
  DigitalBridge Group Inc. 1,998,620 25,003
* Cushman & Wakefield plc 2,181,176 24,974
  Kennedy-Wilson Holdings Inc. 1,594,912 24,657
  Retail Opportunity Investments Corp. 1,699,288 23,382
  CareTrust REIT Inc. 1,284,047 23,254
  Macerich Co. 2,813,453 22,339
  RLJ Lodging Trust 2,199,593 22,260
* Zillow Group Inc. Class A 773,269 22,139
  Uniti Group Inc. 3,111,479 21,625
  Washington REIT 1,207,211 21,199
* Opendoor Technologies Inc. 6,787,364 21,109
  Xenia Hotels & Resorts Inc. 1,514,767 20,889
  DiamondRock Hospitality Co. 2,772,182 20,819
  Urban Edge Properties 1,529,916 20,409
  LTC Properties Inc. 542,407 20,313
  Hudson Pacific Properties Inc. 1,772,634 19,410
  InvenTrust Properties Corp. 888,667 18,955
  Easterly Government Properties Inc. Class A 1,191,945 18,797
  Tanger Factory Outlet Centers Inc. 1,356,436 18,556
  American Assets Trust Inc. 684,929 17,616
  Piedmont Office Realty Trust Inc. Class A 1,627,994 17,192
  Brandywine Realty Trust 2,374,696 16,029

          Shares Market
Value
($000)
  Alexander & Baldwin Inc.    940,655     15,596
  Acadia Realty Trust  1,233,898     15,572
  Apartment Investment & Management Co. Class A  2,111,814     15,416
  Getty Realty Corp.    565,991     15,219
  Global Net Lease Inc.  1,422,297     15,147
  St. Joe Co.    462,534     14,815
  Centerspace    215,350     14,497
  Newmark Group Inc. Class A  1,770,325     14,269
  Paramount Group Inc.  2,276,178     14,181
  NexPoint Residential Trust Inc.    294,799     13,623
* Veris Residential Inc.  1,125,272     12,794
* Anywhere Real Estate Inc.  1,492,866     12,107
  Service Properties Trust  2,318,399     12,032
  NETSTREIT Corp.    663,203     11,812
  Empire State Realty Trust Inc. Class A 1,765,880 11,584
  Marcus & Millichap Inc. 349,970 11,472
  Necessity Retail REIT Inc. Class A 1,880,812 11,059
  iStar Inc. 1,173,037 10,862
  UMH Properties Inc. 660,462 10,666
1 eXp World Holdings Inc. 934,962 10,481
  Summit Hotel Properties Inc. 1,536,195 10,323
  Community Healthcare Trust Inc. 301,738 9,882
  Armada Hoffler Properties Inc. 951,734 9,879
  Bluerock Residential Growth REIT Inc. Class A 365,115 9,767
  RPT Realty 1,215,861 9,192
* Redfin Corp. 1,496,047 8,737
  Office Properties Income Trust 620,427 8,717
1 CBL & Associates Properties Inc. 339,519 8,695
  Plymouth Industrial REIT Inc. 514,746 8,653
  Farmland Partners Inc. 659,268 8,353
  Gladstone Commercial Corp. 526,963 8,168
* Compass Inc. Class A 3,474,801 8,062
  Universal Health Realty Income Trust 185,502 8,016
  Gladstone Land Corp. 442,727 8,013
*,1 WeWork Inc. 3,011,544 7,981
  Global Medical REIT Inc. 863,746 7,359
* Chatham Lodging Trust 710,289 7,011
  Orion Office REIT Inc. 796,603 6,970
  Safehold Inc. 253,045 6,696
  Alexander's Inc. 31,733 6,631
  Urstadt Biddle Properties Inc. Class A 402,556 6,244
  Saul Centers Inc. 161,374 6,052
  City Office REIT Inc. 584,331 5,826
  RE/MAX Holdings Inc. Class A 282,486 5,342
  Industrial Logistics Properties Trust 931,293 5,122
* FRP Holdings Inc. 92,654 5,037
* Tejon Ranch Co. 335,369 4,829
  One Liberty Properties Inc. 228,915 4,812
  Whitestone REIT 556,102 4,705
* Seritage Growth Properties Class A 516,977 4,663
  RMR Group Inc. Class A 180,125 4,267
  Douglas Elliman Inc. 952,112 3,904
  Braemar Hotels & Resorts Inc. 853,369 3,669
  Hersha Hospitality Trust Class A 456,664 3,644
  Postal Realty Trust Inc. Class A 246,034 3,609
  Indus Realty Trust Inc. 68,584 3,592
  CTO Realty Growth Inc. 181,841 3,408
  Franklin Street Properties Corp. 1,287,342 3,386

          Shares Market
Value
($000)
  BRT Apartments Corp.    166,553      3,383
  Diversified Healthcare Trust  3,384,600      3,351
* Ashford Hospitality Trust Inc.    465,342      3,169
* Forestar Group Inc.    263,112      2,944
  Alpine Income Property Trust Inc.    153,116      2,484
  Stratus Properties Inc.     96,387      2,246
* Altisource Portfolio Solutions SA    126,246      1,655
  Clipper Realty Inc.    217,586      1,517
  Creative Media & Community Trust Corp.    186,383      1,191
*,1 Offerpad Solutions Inc.    982,070      1,188
  Modiv Inc. Class C     76,925      1,123
* Doma Holdings Inc.  2,416,616      1,062
* Transcontinental Realty Investors Inc.     22,463        906
* Maui Land & Pineapple Co. Inc.     87,398        805
* AMREP Corp. 56,416 636
  New York City REIT Inc. Class A 160,831 519
  Global Self Storage Inc. 79,508 466
* Fathom Holdings Inc. 78,970 419
* Sotherly Hotels Inc. 218,019 410
  CorEnergy Infrastructure Trust Inc. 234,079 372
* Power REIT 33,413 356
* InterGroup Corp. 6,187 317
* Trinity Place Holdings Inc. 313,786 277
* Rafael Holdings Inc. Class B 147,508 265
* Comstock Holding Cos. Inc. Class A 52,273 207
* Wheeler REIT Inc. 146,044 190
*,1 Pennsylvania REIT 61,219 178
* Alset EHome International Inc. 432,045 111
* Altisource Asset Management Corp. 6,400 101
  InnSuites Hospitality Trust 51,296 98
  Presidio Property Trust Inc. Class A 700 1
*,2 Spirit MTA REIT 653,668
            4,842,461
Utilities (2.1%)
  Essential Utilities Inc. 3,208,865 132,783
  Vistra Corp. 5,259,563 110,451
  OGE Energy Corp. 2,669,633 97,335
  UGI Corp. 2,794,656 90,351
  National Fuel Gas Co. 1,217,518 74,938
  IDACORP Inc. 683,473 67,671
  Black Hills Corp. 881,726 59,719
  Southwest Gas Holdings Inc. 830,176 57,905
  South Jersey Industries Inc. 1,612,361 53,885
  PNM Resources Inc. 1,143,604 52,297
  Portland General Electric Co. 1,202,521 52,261
  Ormat Technologies Inc. 603,337 52,008
  ONE Gas Inc. 734,551 51,705
  Hawaiian Electric Industries Inc. 1,482,420 51,381
  New Jersey Resources Corp. 1,285,163 49,736
  Spire Inc. 709,033 44,194
  Clearway Energy Inc. Class C 1,274,282 40,586
  California Water Service Group 735,465 38,752
  Avangrid Inc. 926,177 38,621
  American States Water Co. 493,641 38,479
  ALLETE Inc. 762,380 38,157
  Avista Corp. 993,053 36,792
  NorthWestern Corp. 745,062 36,717
  Otter Tail Corp. 560,320 34,471

          Shares Market
Value
($000)
  MGE Energy Inc.    486,242     31,912
*,1 Sunnova Energy International Inc.  1,318,837     29,120
  Chesapeake Utilities Corp.    243,304     28,075
  SJW Group    360,433     20,761
  Northwest Natural Holding Co.    476,909     20,688
  Middlesex Water Co.    242,573     18,727
*,1 Montauk Renewables Inc.    875,473     15,268
  Unitil Corp.    227,686     10,576
  Clearway Energy Inc. Class A    265,289      7,720
  York Water Co.    198,905      7,644
*,1 Altus Power Inc. Class A    418,428      4,607
  Artesian Resources Corp. Class A     90,499      4,355
  Consolidated Water Co. Ltd.    207,223      3,187
  Genie Energy Ltd. Class B    316,652      2,961
* Pure Cycle Corp. 268,033 2,238
  RGC Resources Inc. 101,978 2,148
  Global Water Resources Inc. 124,835 1,464
  Via Renewables Inc. Class A 186,239 1,287
*,1 Cadiz Inc. 379,213 720
            1,614,653
Total Common Stocks (Cost $76,069,350) 75,071,396
Preferred Stocks (0.0%)
1,4 Meta Materials Inc. Pfd., 0.000% 1,758,570 2,708
  FAT Brands Inc. Pfd., 8.250% 7,939 142
  Air T Funding Pfd., 8.000%, 6/7/24 704 15
Total Preferred Stocks (Cost $143) 2,865
      Coupon      
Temporary Cash Investments (2.7%)
Money Market Fund (2.7%)
5,6 Vanguard Market Liquidity Fund
(Cost $2,061,615)
2.828%   20,625,143 2,061,896
Total Investments (101.9%) (Cost $78,131,108)   77,136,157
Other Assets and Liabilities—Net (-1.9%)   (1,429,246)
Net Assets (100%)   75,706,911
Cost is in $000.
* Non-income-producing security.
1 Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $1,357,946,000.
2 Security value determined using significant unobservable inputs.
3 “Other” represents securities that are not classified by the fund’s benchmark index.
4 Perpetual security with no stated maturity date.
5 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
6 Collateral of $1,531,002,000 was received for securities on loan, of which $1,530,225,000 is held in Vanguard Market Liquidity Fund and $777,000 is held in cash.
  CVR—Contingent Value Rights.
  REIT—Real Estate Investment Trust.


Derivative Financial Instruments Outstanding as of Period End

Futures Contracts
      ($000)
  Expiration Number of
Long (Short)
Contracts
Notional
Amount
Value and
Unrealized
Appreciation
(Depreciation)
Long Futures Contracts
E-mini Russell 2000 Index December 2022 5,164 431,142 (50,991)
E-mini S&P 500 Index December 2022 103 18,548 (1,387)
E-mini S&P Mid-Cap 400 Index December 2022 91 20,095 (2,706)
        (55,084)
    
Over-the-Counter Total Return Swaps
Reference Entity Termination
Date
Counterparty Notional
Amount
($000)
Floating
Interest
Rate
Received
(Paid)1
(%)
Value and
Unrealized
Appreciation
($000)
Value and
Unrealized
(Depreciation)
($000)
Airbnb Inc. Class A 8/31/23 BANA 26,018 (2.581) (1,912)
Bill.com Holdings Inc. 8/31/23 BANA 13,760 (2.581) (2,536)
Chewy Inc. Class A 1/31/23 GSI 11,300 (2.998) (1,786)
Datadog Inc. Class A 8/31/23 BANA 13,644 (2.581) (2,130)
DocuSign Inc. Class A 8/31/23 BANA 10,596 (2.581) (886)
Lucid Group Inc. 1/31/23 GSI 30,342 (2.998) (4,663)
Seagen Inc. 8/31/23 BANA 11,572 (2.581) (1,333)
Sirius XM Holdings Inc. 1/31/23 GSI 23,760 (2.998) (941)
Snowflake Inc. Class A 8/31/23 BANA 28,590 (2.581) (1,795)
Wayfair Inc. Class A 8/31/23 BANA 6,852 (2.581) (2,635)
          (20,617)
1 Based on USD Overnight Bank Funding Rate as of the most recent payment date. Floating interest payment received/paid monthly.
  BANA—Bank of America, N.A.
  GSI—Goldman Sachs International.

A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees.
Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.
B. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
C. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks in the fund’s target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.
A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund's net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by

any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded as an asset (liability) and as unrealized appreciation (depreciation) until periodic payments are made or the termination of the swap, at which time realized gain (loss) is recorded.
D.  Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund's investments and derivatives as of September 30, 2022, based on the inputs used to value them:
  Level 1
($000)
Level 2
($000)
Level 3
($000)
Total
($000)
Investments        
Assets        
Common Stocks 75,067,359 4,037 75,071,396
Preferred Stocks 2,865 2,865
Temporary Cash Investments 2,061,896 2,061,896
Total 77,132,120 4,037 77,136,157
Derivative Financial Instruments        
Liabilities        
Futures Contracts1 55,084 55,084
Swap Contracts 20,617 20,617
Total 55,084 20,617 75,701
1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.