NPORT-EX 2 vg_extendedmktindex.htm
Vanguard® Extended Market Index Fund
Schedule of Investments (unaudited)
As of September 30, 2023
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 (99.1%)
Communication Services (3.9%)
* Trade Desk Inc. Class A  6,226,248    486,581
* Pinterest Inc. Class A  8,115,755    219,369
* ROBLOX Corp. Class A  6,743,722    195,298
* Liberty Media Corp.-Liberty Formula One Class C  2,916,105    181,673
* Liberty Broadband Corp. Class C  1,626,138    148,499
* Snap Inc. Class A 14,178,719    126,332
* Roku Inc. Class A  1,735,372    122,500
  New York Times Co. Class A  2,276,080     93,775
  Iridium Communications Inc.  1,743,375     79,306
* Liberty Global plc Class C  3,957,674     73,454
* ZoomInfo Technologies Inc. Class A  4,266,013     69,963
  Nexstar Media Group Inc. Class A    463,712     66,482
  TKO Group Holdings Inc. 740,496 62,246
  Warner Music Group Corp. Class A 1,923,659 60,403
* Liberty Media Corp.-Liberty SiriusXM 2,118,978 53,949
  Endeavor Group Holdings Inc. Class A 2,628,014 52,297
* IAC Inc. 975,169 49,139
* Frontier Communications Parent Inc. 3,067,691 48,009
* Ziff Davis Inc. 650,794 41,449
  Madison Square Garden Sports Corp. 232,017 40,905
  TEGNA Inc. 2,770,808 40,371
* Yelp Inc. Class A 941,810 39,170
  Cable One Inc. 63,506 39,097
  Cogent Communications Holdings Inc. 598,566 37,051
* Cinemark Holdings Inc. 1,521,020 27,911
  Telephone & Data Systems Inc. 1,390,089 25,453
* Liberty Media Corp.-Liberty SiriusXM Class A 988,258 25,151
* Liberty Global plc Class A 1,444,056 24,722
* TripAdvisor Inc. 1,475,720 24,467
1 Sirius XM Holdings Inc. 5,139,981 23,233
  John Wiley & Sons Inc. Class A 611,210 22,719
* Cargurus Inc. Class A 1,221,418 21,399
* Liberty Media Corp.-Liberty Live Class C 660,393 21,199
* Bumble Inc. Class A 1,383,089 20,636
* Lumen Technologies Inc. 14,232,895 20,211
* DISH Network Corp. Class A 3,368,551 19,740
* Madison Square Garden Entertainment Corp. Class A 593,322 19,526
* Liberty Broadband Corp. Class A 202,079 18,371
* Liberty Media Corp.-Liberty Formula One Class A 313,819 17,743
* Atlanta Braves Holdings Inc. Class C 495,372 17,700
  Shenandoah Telecommunications Co. 722,929 14,900

          Shares Market
Value
($000)
  Scholastic Corp.    382,108     14,574
* Cars.com Inc.    855,214     14,419
* Sphere Entertainment Co.    376,147     13,978
* Lions Gate Entertainment Corp. Class B  1,706,158     13,427
* Liberty Latin America Ltd. Class C  1,636,944     13,357
* Globalstar Inc.  9,889,336     12,955
  Shutterstock Inc.    331,337     12,607
* Magnite Inc.  1,662,988     12,539
* ZipRecruiter Inc. Class A  1,032,061     12,374
* Eventbrite Inc. Class A  1,159,525     11,433
*,1 fuboTV Inc.  4,176,641     11,152
* TechTarget Inc.    357,402     10,851
* Gogo Inc.    903,301     10,776
*,1 Atlanta Braves Holdings Inc. Class A    262,512     10,256
* Altice USA Inc. Class A 3,118,124 10,196
* Integral Ad Science Holding Corp. 789,125 9,383
* Playtika Holding Corp. 971,998 9,360
* Cardlytics Inc. 557,403 9,197
* Liberty Media Corp.-Liberty Live Class A 283,361 9,045
* Anterix Inc. 279,963 8,785
* United States Cellular Corp. 200,747 8,626
* EchoStar Corp. Class A 490,121 8,210
* Thryv Holdings Inc. 436,467 8,192
* Vimeo Inc. 2,271,235 8,040
* Clear Channel Outdoor Holdings Inc. 5,061,531 7,997
* PubMatic Inc. Class A 626,943 7,586
* Liberty Latin America Ltd. Class A 891,257 7,273
* Lions Gate Entertainment Corp. Class A 856,412 7,262
  Gray Television Inc. 1,042,986 7,217
* Stagwell Inc. Class A 1,453,724 6,818
* Sciplay Corp. Class A 297,013 6,763
* IDT Corp. Class B 295,513 6,516
* QuinStreet Inc. 722,033 6,477
*,1 National CineMedia Inc. 1,354,702 6,083
*,1 Rumble Inc. 1,142,679 5,828
* WideOpenWest Inc. 760,826 5,820
  Sinclair Inc. 518,032 5,812
1 Marcus Corp. 372,100 5,768
* Gannett Co. Inc. 2,219,667 5,438
*,1 AMC Entertainment Holdings Inc. Class A 629,705 5,031
*,1 AST SpaceMobile Inc. Class A 1,284,579 4,881
  ATN International Inc. 153,901 4,857
* iHeartMedia Inc. Class A 1,504,885 4,755
* EW Scripps Co. Class A 855,912 4,690
* Boston Omaha Corp. Class A 283,032 4,639
* AMC Networks Inc. Class A 392,105 4,619
  Spok Holdings Inc. 308,675 4,405
* Ooma Inc. 309,145 4,022
* Playstudios Inc. 1,236,633 3,932
* Advantage Solutions Inc. 1,363,499 3,872
* Consolidated Communications Holdings Inc. 1,092,541 3,736
*,1 Getty Images Holdings Inc. 550,793 3,575
* Nextdoor Holdings Inc. 1,946,552 3,543
* Bandwidth Inc. Class A 302,865 3,413
*,1 Vivid Seats Inc. Class A 520,990 3,345
* Daily Journal Corp. 11,368 3,342
  Entravision Communications Corp. Class A 853,836 3,117
* Reservoir Media Inc. 449,209 2,740

          Shares Market
Value
($000)
* Outbrain Inc.    475,801      2,317
* TrueCar Inc.  1,090,228      2,257
* MediaAlpha Inc. Class A    251,632      2,078
* Angi Inc. Class A  1,024,254      2,028
*,1 Tingo Group Inc.  1,928,444      1,977
* EverQuote Inc. Class A    259,776      1,878
*,1 Grindr Inc.    322,994      1,857
*,1 PSQ Holdings Inc.    199,860      1,815
* DHI Group Inc.    571,362      1,748
* Emerald Holding Inc.    361,008      1,632
  Saga Communications Inc. Class A     69,605      1,494
* Innovid Corp.  1,082,122      1,385
  Townsquare Media Inc. Class A    150,926      1,316
* Cumulus Media Inc. Class A    227,161      1,156
* Urban One Inc. Class A 221,216 1,111
* Skillz Inc. Class A 202,677 1,034
*,1 Golden Matrix Group Inc. 331,376 974
* LiveOne Inc. 965,016 923
* Arena Group Holdings Inc. 172,208 737
* AdTheorent Holding Co. Inc. 569,797 735
* Lee Enterprises Inc. 68,489 734
* Harte Hanks Inc. 101,383 660
*,1,2 NII Holdings Inc. 1,297,367 649
* Charge Enterprises Inc. 1,295,690 644
*,1 Kartoon Studios Inc. 445,651 624
* Travelzoo 106,066 618
* Marchex Inc. Class B 400,779 581
* comScore Inc. 942,364 579
* Gaia Inc. Class A 194,494 529
*,1 SurgePays Inc. 110,873 519
* Liberty TripAdvisor Holdings Inc. Class A 1,019,344 498
* IZEA Worldwide Inc. 196,466 424
* FG Group Holdings Inc. 249,852 420
* Reading International Inc. Class A 189,883 403
* Zedge Inc. Class B 160,996 353
* System1 Inc. 241,575 292
* Fluent Inc. 639,548 284
* CuriosityStream Inc. 392,619 278
* KORE Group Holdings Inc. 433,857 262
* Urban One Inc. 46,154 232
* Loop Media Inc. 419,003 208
*,1 Paltalk Inc. 99,785 181
*,1 BuzzFeed Inc. Class A 471,268 180
* Dolphin Entertainment Inc. 89,136 160
* Lendway Inc. 29,439 158
  DallasNews Corp. 29,518 136
*,1 Troika Media Group Inc. 122,009 134
* Stran & Co. Inc. 103,837 128
*,1 Leafly Holdings Inc. 18,287 117
*,1 SPAR Group Inc. 120,508 116
*,1 Cineverse Corp. 94,251 108
*,1 PodcastOne Inc. 45,954 91
* Direct Digital Holdings Inc. Class A 32,227 83
* Liberty Global plc Class B 4,446 80
* Salem Media Group Inc. Class A 122,967 73
* Creative Realities Inc. 37,244 59
* Beasley Broadcast Group Inc. Class A 66,912 58
*,1 FaZe Holdings Inc. 342,307 57

          Shares Market
Value
($000)
*,1 Chicken Soup For The Soul Entertainment Inc. Class A    158,744         55
* NextPlat Corp.     25,493         45
* Motorsport Games Inc. Class A     10,638         39
*,1 Society Pass Inc.     96,225         36
*,1 Super League Enterprise Inc.     20,785         36
* Kubient Inc.    116,009         35
* Reading International Inc. Class B      1,884         33
*,1 NextPlay Technologies Inc.     28,329         26
*,1 Snail Inc. Class A     11,787         14
*,1 Cuentas Inc.      5,052          8
* Asset Entities Inc. Class B      9,300          4
*,1 Mobiquity Technologies Inc.      5,268          4
* Moving Image Technologies Inc.      3,471          3
*,1 Treasure Global Inc.     10,664          3
*,1 Grom Social Enterprises Inc. 177
            3,273,806
Consumer Discretionary (11.4%)
* Lululemon Athletica Inc. 1,613,851 622,317
* DoorDash Inc. Class A 4,184,239 332,521
* Rivian Automotive Inc. Class A 9,327,112 226,462
* DraftKings Inc. Class A 6,501,840 191,414
* Deckers Outdoor Corp. 364,460 187,365
  Williams-Sonoma Inc. 892,618 138,713
* Floor & Decor Holdings Inc. Class A 1,483,683 134,273
  Aramark 3,626,908 125,854
* Five Below Inc. 775,277 124,742
* Burlington Stores Inc. 906,232 122,613
  Service Corp. International 2,097,131 119,830
  Vail Resorts Inc. 536,682 119,084
  Lithia Motors Inc. Class A 384,192 113,463
  Toll Brothers Inc. 1,506,776 111,441
* TopBuild Corp. 441,075 110,974
  Churchill Downs Inc. 951,094 110,365
* Mattel Inc. 4,970,363 109,497
  Lear Corp. 813,603 109,186
  Gentex Corp. 3,243,072 105,530
  Tempur Sealy International Inc. 2,407,580 104,344
  Autoliv Inc. 1,057,173 101,996
  Dick's Sporting Goods Inc. 873,464 94,841
  Murphy USA Inc. 273,782 93,560
* Skechers USA Inc. Class A 1,876,068 91,834
  H&R Block Inc. 2,131,345 91,776
* Light & Wonder Inc. 1,276,807 91,075
  Texas Roadhouse Inc. Class A 926,842 89,069
* Capri Holdings Ltd. 1,621,950 85,331
* Duolingo Inc. Class A 494,635 82,045
  Wyndham Hotels & Resorts Inc. 1,167,091 81,159
  Polaris Inc. 747,727 77,868
  Brunswick Corp. 979,238 77,360
* Crocs Inc. 864,500 76,275
  Wingstop Inc. 419,658 75,471
  Thor Industries Inc. 740,089 70,405
* Wayfair Inc. Class A 1,136,063 68,811
  Hyatt Hotels Corp. Class A 638,555 67,738
  PVH Corp. 876,157 67,035
* Ollie's Bargain Outlet Holdings Inc. 862,291 66,552
* Bright Horizons Family Solutions Inc. 805,184 65,590
* Taylor Morrison Home Corp. Class A 1,531,319 65,249

          Shares Market
Value
($000)
* Asbury Automotive Group Inc.    283,563     65,239
  Meritage Homes Corp.    514,890     63,017
  Valvoline Inc.  1,920,879     61,929
*,1 GameStop Corp. Class A  3,747,124     61,678
  Boyd Gaming Corp.    987,763     60,086
  Harley-Davidson Inc.  1,798,648     59,463
*,1 Lucid Group Inc. 10,602,970     59,271
* Fox Factory Holding Corp.    593,259     58,780
* Planet Fitness Inc. Class A  1,182,347     58,148
* YETI Holdings Inc.  1,199,643     57,847
* RH    215,422     56,949
*,1 Carvana Co. Class A  1,337,915     56,166
* AutoNation Inc.    370,661     56,118
* Visteon Corp.    394,850     54,517
  Group 1 Automotive Inc. 195,714 52,590
  Academy Sports & Outdoors Inc. 1,078,054 50,960
  KB Home 1,087,688 50,338
* Goodyear Tire & Rubber Co. 3,964,109 49,274
* Adient plc 1,319,267 48,417
  Wendy's Co. 2,372,176 48,416
* Penn Entertainment Inc. 2,102,418 48,250
  Newell Brands Inc. 5,343,004 48,247
* Grand Canyon Education Inc. 412,526 48,216
  Leggett & Platt Inc. 1,875,501 47,656
  Marriott Vacations Worldwide Corp. 471,497 47,447
* Skyline Champion Corp. 738,732 47,072
  Penske Automotive Group Inc. 274,459 45,851
  Advance Auto Parts Inc. 819,403 45,829
  Signet Jewelers Ltd. 629,515 45,205
* Mobileye Global Inc. Class A 1,076,650 44,735
  Macy's Inc. 3,830,181 44,468
  American Eagle Outfitters Inc. 2,570,956 42,704
1 Choice Hotels International Inc. 348,500 42,695
  LCI Industries 353,625 41,523
* Hilton Grand Vacations Inc. 1,013,819 41,262
  Installed Building Products Inc. 323,612 40,416
* Abercrombie & Fitch Co. Class A 699,688 39,441
* Helen of Troy Ltd. 335,551 39,112
* Tri Pointe Homes Inc. 1,384,140 37,856
  Travel + Leisure Co. 1,025,862 37,680
  Columbia Sportswear Co. 484,462 35,899
  Carter's Inc. 512,208 35,419
* Frontdoor Inc. 1,137,261 34,789
  MDC Holdings Inc. 835,077 34,430
* Boot Barn Holdings Inc. 417,199 33,872
* Modine Manufacturing Co. 728,233 33,317
* M/I Homes Inc. 385,172 32,370
  Kohl's Corp. 1,535,176 32,177
  Gap Inc. 3,002,206 31,913
*,1 QuantumScape Corp. Class A 4,721,627 31,588
  Steven Madden Ltd. 987,078 31,359
  Papa John's International Inc. 455,179 31,052
* Dorman Products Inc. 401,489 30,417
  Kontoor Brands Inc. 692,515 30,408
* Shake Shack Inc. Class A 522,984 30,370
  Bloomin' Brands Inc. 1,220,329 30,008
* Cavco Industries Inc. 112,759 29,956
  Graham Holdings Co. Class B 50,444 29,409

          Shares Market
Value
($000)
* LGI Homes Inc.    286,956     28,549
* Topgolf Callaway Brands Corp.  2,034,080     28,152
  Red Rock Resorts Inc. Class A    684,665     28,071
* Coursera Inc.  1,451,954     27,137
  Laureate Education Inc.  1,900,563     26,798
* Vista Outdoor Inc.    795,142     26,335
  Dana Inc.  1,795,015     26,333
  Century Communities Inc.    393,703     26,291
* Urban Outfitters Inc.    793,686     25,946
* Stride Inc.    574,356     25,863
* Under Armour Inc. Class C  4,023,611     25,671
* Gentherm Inc.    465,255     25,245
  Winnebago Industries Inc.    420,434     24,995
* Adtalem Global Education Inc.    568,739     24,370
* Peloton Interactive Inc. Class A 4,775,143 24,114
* Chewy Inc. Class A 1,306,073 23,849
  Strategic Education Inc. 312,274 23,499
* SeaWorld Entertainment Inc. 502,394 23,236
* Six Flags Entertainment Corp. 987,691 23,221
* Sonos Inc. 1,784,877 23,043
* XPEL Inc. 298,167 22,992
  Acushnet Holdings Corp. 426,573 22,625
* ODP Corp. 478,204 22,069
  Patrick Industries Inc. 280,253 21,036
* Sabre Corp. 4,644,077 20,852
  Cracker Barrel Old Country Store Inc. 310,241 20,848
  Cheesecake Factory Inc. 673,550 20,409
1 Nordstrom Inc. 1,353,097 20,215
  Oxford Industries Inc. 209,296 20,120
  Hanesbrands Inc. 4,990,928 19,764
* Brinker International Inc. 618,981 19,554
  Foot Locker Inc. 1,109,422 19,248
  Levi Strauss & Co. Class A 1,411,083 19,162
  La-Z-Boy Inc. 615,280 19,000
  Upbound Group Inc. 635,285 18,709
  Jack in the Box Inc. 270,849 18,705
* Victoria's Secret & Co. 1,112,145 18,551
  ADT Inc. 3,071,824 18,431
* Dave & Buster's Entertainment Inc. 493,355 18,289
  Phinia Inc. 666,139 17,846
* National Vision Holdings Inc. 1,102,733 17,842
*,1 Fisker Inc. Class A 2,742,153 17,605
*,1 Dutch Bros Inc. Class A 725,818 16,875
* Everi Holdings Inc. 1,255,271 16,595
* Garrett Motion Inc. 2,099,763 16,546
*,1 Luminar Technologies Inc. Class A 3,571,727 16,251
1 Dillard's Inc. Class A 48,836 16,155
  Perdoceo Education Corp. 933,897 15,970
* Sweetgreen Inc. Class A 1,292,156 15,183
  Krispy Kreme Inc. 1,191,930 14,863
* Leslie's Inc. 2,582,383 14,616
* iRobot Corp. 384,308 14,565
* Malibu Boats Inc. Class A 293,202 14,373
  Winmark Corp. 38,506 14,368
* Green Brick Partners Inc. 342,744 14,227
* G-III Apparel Group Ltd. 563,963 14,054
* Warby Parker Inc. Class A 1,059,219 13,939
* OneSpaWorld Holdings Ltd. 1,241,050 13,925

          Shares Market
Value
($000)
  Buckle Inc.    412,547     13,775
* Chegg Inc.  1,543,842     13,771
* Chico's FAS Inc.  1,790,259     13,391
  Sturm Ruger & Co. Inc.    254,342     13,256
  Caleres Inc.    459,618     13,219
* Sally Beauty Holdings Inc.  1,501,940     12,586
* WW International Inc.  1,113,357     12,325
  Camping World Holdings Inc. Class A    602,917     12,306
  Monro Inc.    434,685     12,071
* Life Time Group Holdings Inc.    791,900     12,045
* American Axle & Manufacturing Holdings Inc.  1,650,218     11,981
  Monarch Casino & Resort Inc.    192,040     11,926
* Udemy Inc.  1,243,186     11,810
  Dine Brands Global Inc.    223,995     11,077
* Playa Hotels & Resorts NV 1,526,246 11,050
  Sonic Automotive Inc. Class A 228,902 10,932
* Figs Inc. Class A 1,795,698 10,595
  Golden Entertainment Inc. 308,804 10,555
* Beazer Homes USA Inc. 419,549 10,451
* Rover Group Inc. Class A 1,664,802 10,422
* Portillo's Inc. Class A 675,318 10,393
* Under Armour Inc. Class A 1,478,041 10,125
* Overstock.com Inc. 638,226 10,097
  Ethan Allen Interiors Inc. 326,695 9,768
* Accel Entertainment Inc. Class A 848,874 9,295
* Chuy's Holdings Inc. 258,488 9,197
  Wolverine World Wide Inc. 1,130,678 9,113
1 Designer Brands Inc. Class A 711,925 9,013
  Standard Motor Products Inc. 259,177 8,714
* MarineMax Inc. 264,206 8,671
  Smith & Wesson Brands Inc. 669,418 8,642
* European Wax Center Inc. Class A 531,095 8,604
  Hibbett Inc. 180,969 8,598
* Stoneridge Inc. 409,704 8,223
  Guess? Inc. 373,218 8,076
* America's Car-Mart Inc. 87,002 7,916
* Revolve Group Inc. Class A 581,645 7,916
* BJ's Restaurants Inc. 335,360 7,868
* Sleep Number Corp. 316,317 7,778
  Arko Corp. 1,077,072 7,701
* Vizio Holding Corp. Class A 1,413,715 7,648
  RCI Hospitality Holdings Inc. 122,793 7,449
* Hovnanian Enterprises Inc. Class A 68,292 6,943
* Denny's Corp. 817,802 6,927
*,1 Dream Finders Homes Inc. Class A 311,477 6,924
*,1 Bowlero Corp. Class A 677,362 6,516
*,1 Cava Group Inc. 209,511 6,417
* Mister Car Wash Inc. 1,147,212 6,321
  Shoe Carnival Inc. 258,295 6,207
1 Cricut Inc. Class A 661,761 6,148
* First Watch Restaurant Group Inc. 340,093 5,880
  Carriage Services Inc. Class A 204,909 5,789
*,1 Savers Value Village Inc. 309,972 5,787
* GoPro Inc. Class A 1,840,092 5,778
  Haverty Furniture Cos. Inc. 200,459 5,769
*,1 Target Hospitality Corp. 357,697 5,680
* Arhaus Inc. Class A 576,637 5,363
* Genesco Inc. 172,902 5,329

          Shares Market
Value
($000)
  Movado Group Inc.    193,224      5,285
  Build-A-Bear Workshop Inc.    177,587      5,223
* Bally's Corp.    398,066      5,219
* Xponential Fitness Inc. Class A    329,334      5,105
* Stitch Fix Inc. Class A  1,431,238      4,938
  Aaron's Co. Inc.    468,043      4,900
* Kura Sushi USA Inc. Class A     72,377      4,786
*,1 EVgo Inc. Class A  1,414,730      4,782
  Johnson Outdoors Inc. Class A     86,234      4,716
* Children's Place Inc.    172,396      4,660
* Petco Health & Wellness Co. Inc. Class A  1,126,726      4,608
  Bluegreen Vacations Holding Corp. Class A    124,206      4,556
*,1 Groupon Inc. Class A    296,413      4,541
* Lovesac Co.    222,381      4,430
* Zumiez Inc. 241,393 4,297
* Inspired Entertainment Inc. 357,732 4,278
* MasterCraft Boat Holdings Inc. 191,519 4,256
*,1 OneWater Marine Inc. Class A 164,811 4,222
* Soho House & Co. Inc. Class A 596,954 4,137
*,1 Atmus Filtration Technologies Inc. 197,446 4,117
*,1 Global Business Travel Group I 732,407 4,028
*,1 ThredUp Inc. Class A 1,001,907 4,018
* Universal Technical Institute Inc. 471,716 3,953
  El Pollo Loco Holdings Inc. 436,875 3,910
* Rush Street Interactive Inc. 820,565 3,791
* Holley Inc. 744,597 3,716
*,1 Canoo Inc. 7,333,914 3,594
* Funko Inc. Class A 461,705 3,532
* Lindblad Expeditions Holdings Inc. 481,161 3,464
* Destination XL Group Inc. 758,889 3,400
* Carrols Restaurant Group Inc. 498,367 3,284
* Cooper-Standard Holdings Inc. 243,901 3,273
  Hooker Furnishings Corp. 168,196 3,271
* Lincoln Educational Services Corp. 384,790 3,251
*,1 Mullen Automotive Inc. 7,002,956 3,179
  PetMed Express Inc. 308,394 3,161
* Nerdy Inc. 852,534 3,154
*,1 Solid Power Inc. 1,508,954 3,048
  Clarus Corp. 400,506 3,028
* PlayAGS Inc. 462,951 3,018
* Qurate Retail Inc. Class A 4,895,861 2,970
*,1 RealReal Inc. 1,384,079 2,920
* CarParts.com Inc. 702,687 2,895
  Nathan's Famous Inc. 40,172 2,839
* 2U Inc. 1,119,260 2,765
* Citi Trends Inc. 123,862 2,752
* Tilly's Inc. Class A 331,460 2,691
* Potbelly Corp. 344,835 2,690
* 1-800-Flowers.com Inc. Class A 381,575 2,671
* Fiesta Restaurant Group Inc. 299,026 2,530
*,1 AMMO Inc. 1,224,675 2,474
* Sportsman's Warehouse Holdings Inc. 542,634 2,436
*,1 Traeger Inc. 882,149 2,408
* Vera Bradley Inc. 363,887 2,405
* GrowGeneration Corp. 819,983 2,394
* Tile Shop Holdings Inc. 430,452 2,363
* Motorcar Parts of America Inc. 273,322 2,211
  Weyco Group Inc. 85,402 2,165

          Shares Market
Value
($000)
1 Big 5 Sporting Goods Corp.    302,104      2,118
1 Big Lots Inc.    400,772      2,048
*,1 Mondee Holdings Inc. Class A    562,071      2,007
* JAKKS Pacific Inc.    106,542      1,981
  Marine Products Corp.    138,409      1,967
*,1 Vroom Inc.  1,754,946      1,966
* J. Jill Inc.     66,357      1,964
  Cato Corp. Class A    255,761      1,959
* Century Casinos Inc.    379,530      1,947
* Full House Resorts Inc.    455,996      1,947
1 Escalade Inc.    126,910      1,943
* American Outdoor Brands Inc.    197,675      1,933
* Red Robin Gourmet Burgers Inc.    236,833      1,904
* ONE Group Hospitality Inc.    345,457      1,900
*,1 Snap One Holdings Corp. 204,789 1,892
*,1 Allurion Technologies Inc. 434,631 1,869
* Solo Brands Inc. Class A 363,938 1,856
  Bassett Furniture Industries Inc. 124,057 1,817
  Lakeland Industries Inc. 119,183 1,796
* VOXX International Corp. Class A 215,211 1,717
* Universal Electronics Inc. 180,911 1,637
* Landsea Homes Corp. 179,360 1,612
* Latham Group Inc. 564,399 1,580
*,1 BARK Inc. 1,299,844 1,560
  Rocky Brands Inc. 103,347 1,519
1 Purple Innovation Inc. Class A 873,128 1,493
* Allbirds Inc. Class A 1,324,793 1,471
* American Public Education Inc. 285,113 1,420
* Unifi Inc. 195,974 1,391
* LL Flooring Holdings Inc. 426,076 1,351
* Fossil Group Inc. 646,773 1,332
* Lands' End Inc. 174,736 1,305
* Noodles & Co. Class A 526,174 1,294
* Strattec Security Corp. 55,293 1,277
* Legacy Housing Corp. 64,732 1,256
  Hamilton Beach Brands Holding Co. Class A 99,979 1,241
* Duluth Holdings Inc. Class B 194,300 1,168
  Flexsteel Industries Inc. 54,815 1,138
* Biglari Holdings Inc. Class A 1,351 1,109
*,1 Lazydays Holdings Inc. 144,976 1,102
* Container Store Group Inc. 488,250 1,099
*,1 ContextLogic Inc. Class A 243,943 1,076
  Superior Group of Cos. Inc. 137,496 1,070
* Biglari Holdings Inc. Class B 6,418 1,065
* 1stdibs.com Inc. 291,754 1,062
* Superior Industries International Inc. 325,372 989
*,1 Workhorse Group Inc. 2,303,750 955
  Lifetime Brands Inc. 159,241 897
*,1 Sonder Holdings Inc. 106,617 875
*,1 RumbleON Inc. Class B 137,316 842
* Culp Inc. 147,833 825
*,1 Grove Collaborative Holdings 307,237 817
*,1 Tupperware Brands Corp. 566,950 794
* Conn's Inc. 197,229 779
*,1 United Homes Group Inc. 129,449 725
  Crown Crafts Inc. 143,126 674
* GAN Ltd. 552,394 641
*,1 PLBY Group Inc. 781,211 626

          Shares Market
Value
($000)
  Ark Restaurants Corp.     38,656        595
* Delta Apparel Inc.     85,609        568
* Live Ventures Inc.     20,027        567
* Barnes & Noble Education Inc.    513,514        560
*,1 Express Inc.     58,459        526
*,1 Vacasa Inc. Class A  1,043,170        481
* Brilliant Earth Group Inc. Class A    149,812        442
* Beachbody Co. Inc.  1,486,685        439
  AMCON Distributing Co.      2,117        436
*,1 Rent the Runway Inc. Class A    624,498        425
* Rave Restaurant Group Inc.    176,306        418
  Canterbury Park Holding Corp.     20,018        405
*,1 Sypris Solutions Inc.    190,358        375
* Nautilus Inc.    434,844        370
* Envela Corp. 75,720 359
*,1 Torrid Holdings Inc. 149,601 331
*,1 Aterian Inc. 996,489 326
*,1 Regis Corp. 456,711 321
* Koss Corp. 106,282 320
*,1 Yunhong Green CTI Ltd. 121,102 317
*,1 Kirkland's Inc. 180,002 310
* Worksport Ltd. 139,260 292
  Flanigan's Enterprises Inc. 8,548 282
*,1 Faraday Future Intelligent Electric Inc. Class A 209,789 279
*,1 Shift Technologies Inc. Class A 164,265 263
*,1 Hall of Fame Resort & Entertainment Co. 43,744 255
* Charles & Colvard Ltd. 444,108 254
* Envirotech Vehicles Inc. 144,960 235
* Inspirato Inc. 394,156 233
1 FAT Brands Inc. Class A 29,515 196
* BurgerFi International Inc. 167,859 195
*,1 Lulu's Fashion Lounge Holdings Inc. 93,138 187
* Good Times Restaurants Inc. 59,916 182
*,1 XWELL Inc. 74,690 168
* Wag! Group Co. 87,470 167
* Dixie Group Inc. 188,725 130
* Xcel Brands Inc. 113,190 123
*,1 GEN Restaurant Group Inc. Class A 10,476 122
* Polished.com Inc. 1,466,710 118
*,1 JOANN Inc. 158,520 114
*,1 Amesite Inc. 43,962 113
  Jerash Holdings US Inc. 35,350 106
* Nephros Inc. 68,607 103
*,1 AYRO Inc. 44,006 101
* Twin Vee PowerCats Co. 57,873 82
*,1 Forward Industries Inc. 101,171 78
* Volcon Inc. 140,268 71
* Educational Development Corp. 64,779 69
* Tandy Leather Factory Inc. 15,902 67
* Kaival Brands Innovations Group Inc. 155,259 66
* Vince Holding Corp. 40,186 63
* Allied Gaming & Entertainment Inc. 61,060 55
  FAT Brands Inc. Class B 6,812 44
*,1 Toughbuilt Industries Inc. 183,720 36
*,1 MGO Global Inc. 38,582 36
* Emerson Radio Corp. 47,382 27
*,1 Forza X1 Inc. 31,285 25
*,1 Elys Game Technology Corp. 47,428 23

          Shares Market
Value
($000)
* aka Brands Holding Corp.     50,960         22
* Arcimoto Inc.     22,263         19
*,1 Nova Lifestyle Inc.      8,036         19
*,1 Harbor Custom Development Inc.     12,480         17
*,1 Digital Brands Group Inc.      1,049          9
* Greenlane Holdings Inc. Class A      8,995          6
* BT Brands Inc.      1,141          3
*,1 Esports Entertainment Group Inc.     21,956          2
* Lottery.com Inc.        785          2
* EBET Inc.     27,607          1
*,2 Amergent Hospitality Group Inc.     19,975         —
* PARTS iD Inc.      1,100         —
* Singing Machine Co. Inc.        100         —
*,2 GCI Liberty Inc.  1,332,931         —
            9,604,128
Consumer Staples (2.9%)
  Casey's General Stores Inc. 520,997 141,461
* BJ's Wholesale Club Holdings Inc. 1,872,930 133,671
* Performance Food Group Co. 2,171,365 127,807
  Albertsons Cos. Inc. Class A 5,616,388 127,773
* US Foods Holding Corp. 3,153,556 125,196
* Celsius Holdings Inc. 686,710 117,839
* Darling Ingredients Inc. 2,225,591 116,176
  Ingredion Inc. 927,340 91,250
* elf Beauty Inc. 760,616 83,538
* BellRing Brands Inc. 1,833,003 75,575
* Hostess Brands Inc. Class A 1,844,634 61,445
* Sprouts Farmers Market Inc. 1,432,484 61,310
* Post Holdings Inc. 712,237 61,067
  Flowers Foods Inc. 2,684,526 59,543
* Coty Inc. Class A 4,995,109 54,796
* Boston Beer Co. Inc. Class A 131,692 51,298
  Lancaster Colony Corp. 284,994 47,033
* Freshpet Inc. 681,309 44,885
* Simply Good Foods Co. 1,269,083 43,809
  Coca-Cola Consolidated Inc. 65,587 41,734
* Grocery Outlet Holding Corp. 1,390,861 40,126
  Spectrum Brands Holdings Inc. 498,846 39,085
  WD-40 Co. 189,310 38,475
  J & J Snack Foods Corp. 216,155 35,374
  Inter Parfums Inc. 252,032 33,858
* TreeHouse Foods Inc. 708,266 30,866
  Energizer Holdings Inc. 916,025 29,349
  Cal-Maine Foods Inc. 564,084 27,313
  Edgewell Personal Care Co. 726,791 26,862
  PriceSmart Inc. 352,501 26,237
  Andersons Inc. 442,076 22,771
  MGP Ingredients Inc. 214,709 22,647
* Sovos Brands Inc. 885,279 19,963
  Reynolds Consumer Products Inc. 771,134 19,764
  Vector Group Ltd. 1,849,693 19,681
* Herbalife Ltd. 1,387,273 19,408
* Central Garden & Pet Co. Class A 462,496 18,541
  Universal Corp. 353,526 16,690
  Ingles Markets Inc. Class A 203,131 15,302
* National Beverage Corp. 319,708 15,033
  Nu Skin Enterprises Inc. Class A 695,740 14,757
  Weis Markets Inc. 232,420 14,642

          Shares Market
Value
($000)
* Pilgrim's Pride Corp.    573,542     13,094
* Hain Celestial Group Inc.  1,256,979     13,035
  Utz Brands Inc.    952,934     12,798
  John B Sanfilippo & Son Inc.    127,269     12,574
* United Natural Foods Inc.    830,211     11,739
  Seaboard Corp.      3,097     11,623
  Fresh Del Monte Produce Inc.    449,621     11,618
  Medifast Inc.    151,019     11,304
* Vita Coco Co. Inc.    431,442     11,235
* Chefs' Warehouse Inc.    487,402     10,323
1 B&G Foods Inc.  1,024,106     10,128
  SpartanNash Co.    451,545      9,934
* Central Garden & Pet Co.    220,438      9,730
* USANA Health Sciences Inc.    155,686      9,125
*,1 Beyond Meat Inc. 866,798 8,339
  Tootsie Roll Industries Inc. 255,853 7,640
  Calavo Growers Inc. 262,467 6,622
* Beauty Health Co. 1,069,837 6,440
* Duckhorn Portfolio Inc. 601,807 6,175
* Mission Produce Inc. 583,983 5,653
  Turning Point Brands Inc. 235,645 5,441
* Vital Farms Inc. 380,013 4,401
  Oil-Dri Corp. of America 69,624 4,299
*,1 Westrock Coffee Co. 463,648 4,108
* Seneca Foods Corp. Class A 74,375 4,004
* Olaplex Holdings Inc. 1,826,365 3,561
  Limoneira Co. 205,024 3,141
* Nature's Sunshine Products Inc. 171,423 2,840
* Lifecore Biomedical Inc. 363,800 2,745
* Thorne HealthTech Inc. 236,844 2,413
  Village Super Market Inc. Class A 97,557 2,209
* HF Foods Group Inc. 523,729 2,079
* Whole Earth Brands Inc. 532,276 1,916
  Natural Grocers by Vitamin Cottage Inc. 145,996 1,885
*,1 BRC Inc. Class A 507,984 1,824
  Alico Inc. 59,255 1,479
* Zevia PBC Class A 581,342 1,291
  Lifevantage Corp. 195,613 1,262
* Mama's Creations Inc. 258,976 1,132
* Honest Co. Inc. 798,415 1,006
* Lifeway Foods Inc. 85,576 885
*,1 Blue Apron Holdings Inc. Class A 61,163 787
* Farmer Bros Co. 228,647 590
*,1 Benson Hill Inc. 1,779,607 590
  Natural Health Trends Corp. 109,082 584
*,1 Veru Inc. 745,233 536
* Natural Alternatives International Inc. 75,454 490
* Rocky Mountain Chocolate Factory Inc. 96,109 461
* Willamette Valley Vineyards Inc. 71,862 422
  United-Guardian Inc. 52,417 395
*,1 Rite Aid Corp. 802,574 360
*,1 Safety Shot Inc. 229,102 343
* Seneca Foods Corp. Class B 5,624 303
* Vintage Wine Estates Inc. 431,243 245
* Real Good Food Co. Inc. Class A 61,793 207
*,1 22nd Century Group Inc. 208,856 204
* Splash Beverage Group Inc. 301,169 178
* Sadot Group Inc. 216,098 151

          Shares Market
Value
($000)
* S&W Seed Co.    127,046        142
*,1 Maplebear Inc.      3,861        115
*,1 Barfresh Food Group Inc.     58,821        112
*,1 Guardion Health Sciences Inc.     14,852        111
*,1 Upexi Inc.     54,353         94
*,1 Local Bounti Corp.     32,585         80
  Mannatech Inc.      7,457         77
*,1 Zivo Bioscience Inc.     44,387         59
*,1 Bridgford Foods Corp.      4,431         49
* Cyanotech Corp.     52,089         43
*,1 Nocera Inc.     27,330         41
* Coffee Holding Co. Inc.     44,321         38
* Better Choice Co. Inc.    261,756         32
*,1 Arcadia Biosciences Inc.      9,749         32
*,1 Alkaline Water Co. Inc. 82,391 30
*,1 RiceBran Technologies 65,025 28
*,1 Edible Garden AG Inc. 35,337 26
*,1 Stryve Foods Inc. Class A 3,928 12
*,1 Eastside Distilling Inc. 7,879 10
* MedAvail Holdings Inc. 1,269 8
* Flora Growth Corp. 900 1
            2,474,986
Energy (5.1%)
  Cheniere Energy Inc. 3,359,346 557,517
  Ovintiv Inc. 3,537,918 168,299
  Texas Pacific Land Corp. 86,762 158,216
  Chesapeake Energy Corp. 1,562,946 134,773
  TechnipFMC plc 6,105,571 124,187
  HF Sinclair Corp. 2,027,965 115,452
  NOV Inc. 5,494,349 114,832
  Range Resources Corp. 3,352,882 108,667
* Antero Resources Corp. 3,929,458 99,730
* Southwestern Energy Co. 15,279,991 98,556
  ChampionX Corp. 2,725,881 97,096
  Civitas Resources Inc. 1,191,606 96,365
  Chord Energy Corp. 580,870 94,142
  Murphy Oil Corp. 2,052,075 93,062
  Matador Resources Co. 1,539,815 91,588
* Weatherford International plc 1,004,135 90,703
  PBF Energy Inc. Class A 1,535,873 82,215
* Transocean Ltd. 9,440,789 77,509
  Noble Corp. plc 1,513,117 76,639
  DT Midstream Inc. 1,349,082 71,393
* Denbury Inc. 705,705 69,166
* Valaris Ltd. 888,650 66,631
  SM Energy Co. 1,644,093 65,188
  Patterson-UTI Energy Inc. 4,517,806 62,526
  Magnolia Oil & Gas Corp. Class A 2,602,306 59,619
  Helmerich & Payne Inc. 1,391,022 58,645
  Antero Midstream Corp. 4,754,850 56,963
  Equitrans Midstream Corp. 6,055,518 56,740
  Permian Resources Corp. Class A 3,871,567 54,047
* Kosmos Energy Ltd. 6,405,743 52,399
  California Resources Corp. 910,544 51,000
* CNX Resources Corp. 2,236,491 50,500
* Tidewater Inc. 677,410 48,144
  Northern Oil & Gas Inc. 1,163,714 46,816
  Cactus Inc. Class A 894,691 44,922

          Shares Market
Value
($000)
  CONSOL Energy Inc.    401,286     42,099
  Peabody Energy Corp.  1,544,693     40,147
  Liberty Energy Inc. Class A  2,147,878     39,779
* Oceaneering International Inc.  1,404,112     36,114
  New Fortress Energy Inc.    926,026     30,355
* Callon Petroleum Co.    774,022     30,280
* Par Pacific Holdings Inc.    781,870     28,100
1 Sitio Royalties Corp. Class A  1,150,675     27,858
* Expro Group Holdings NV  1,188,817     27,616
* Uranium Energy Corp.  5,265,183     27,116
* Green Plains Inc.    832,143     25,047
  Delek US Holdings Inc.    850,193     24,154
  International Seaways Inc.    534,097     24,034
  Archrock Inc.  1,887,693     23,785
* Talos Energy Inc. 1,403,077 23,067
* Helix Energy Solutions Group Inc. 1,969,322 21,997
* Diamond Offshore Drilling Inc. 1,413,109 20,744
  World Kinect Corp. 824,707 18,498
* Earthstone Energy Inc. Class A 892,167 18,057
* Gulfport Energy Corp. 137,178 16,278
  Core Laboratories Inc. 661,613 15,885
* Nabors Industries Ltd. 127,300 15,676
* US Silica Holdings Inc. 1,078,244 15,139
  Comstock Resources Inc. 1,269,405 14,002
* Dril-Quip Inc. 495,644 13,962
  CVR Energy Inc. 406,791 13,843
  Dorian LPG Ltd. 467,029 13,418
* ProPetro Holding Corp. 1,201,562 12,773
1 Crescent Energy Co. Class A 1,002,898 12,677
* Vital Energy Inc. 226,961 12,578
* TETRA Technologies Inc. 1,609,951 10,271
*,1 Centrus Energy Corp. Class A 177,837 10,094
  RPC Inc. 1,127,438 10,079
*,1 Tellurian Inc. 8,574,800 9,947
* Bristow Group Inc. Class A 337,017 9,494
* Clean Energy Fuels Corp. 2,469,251 9,457
  Select Water Solutions Inc. Class A 1,168,795 9,292
* REX American Resources Corp. 197,388 8,038
* Newpark Resources Inc. 1,133,585 7,833
  Berry Corp. 940,393 7,711
* Oil States International Inc. 904,271 7,569
  Kinetik Holdings Inc. Class A 220,107 7,429
  Vitesse Energy Inc. 319,106 7,304
  SandRidge Energy Inc. 454,625 7,119
* SilverBow Resources Inc. 197,954 7,081
1 VAALCO Energy Inc. 1,522,848 6,685
* DMC Global Inc. 263,126 6,439
* W&T Offshore Inc. 1,383,313 6,059
*,1 NextDecade Corp. 1,125,955 5,765
1 Atlas Energy Solutions Inc. Class A 242,677 5,395
*,1 Vertex Energy Inc. 1,183,604 5,267
* Hallador Energy Co. 357,615 5,157
  Solaris Oilfield Infrastructure Inc. Class A 464,376 4,950
1 HighPeak Energy Inc. 281,151 4,746
* SEACOR Marine Holdings Inc. 339,698 4,715
  Excelerate Energy Inc. Class A 267,077 4,551
* Overseas Shipholding Group Inc. Class A 960,289 4,216
*,1 Gevo Inc. 3,534,793 4,206

          Shares Market
Value
($000)
* Kodiak Gas Services Inc.    228,128      4,079
* Amplify Energy Corp.    515,865      3,792
* Forum Energy Technologies Inc.    144,970      3,482
*,1 ProFrac Holding Corp. Class A    304,825      3,316
  Enviva Inc.    437,712      3,270
1 Evolution Petroleum Corp.    443,351      3,033
  Ranger Energy Services Inc. Class A    191,025      2,709
*,1 Empire Petroleum Corp.    273,797      2,637
  Granite Ridge Resources Inc.    412,314      2,515
* OPAL Fuels Inc. Class A    299,547      2,456
*,1 KLX Energy Services Holdings Inc.    204,950      2,429
* Geospace Technologies Corp.    180,449      2,337
* Natural Gas Services Group Inc.    150,390      2,190
  NACCO Industries Inc. Class A     58,036      2,035
*,1 Aemetis Inc. 465,790 1,933
  Riley Exploration Permian Inc. 54,699 1,739
  PHX Minerals Inc. 392,299 1,428
* Smart Sand Inc. 599,189 1,390
  Epsilon Energy Ltd. 263,353 1,390
*,1 American Resources Corp. 824,157 1,376
* Profire Energy Inc. 484,809 1,348
*,1 Ring Energy Inc. 638,234 1,245
* Mammoth Energy Services Inc. 257,645 1,195
  Adams Resources & Energy Inc. 26,928 907
*,1 PrimeEnergy Resources Corp. 7,468 866
*,1 Nine Energy Service Inc. 198,126 816
* Lightbridge Corp. 157,029 705
* Gulf Island Fabrication Inc. 205,792 673
  Energy Services of America Corp. 120,053 486
*,1 Independence Contract Drilling Inc. 147,968 444
* Comstock Inc. 984,221 403
* Battalion Oil Corp. 53,142 328
* Houston American Energy Corp. 155,224 303
  Mexco Energy Corp. 16,905 220
  Barnwell Industries Inc. 77,032 203
* PEDEVCO Corp. 174,522 176
* Superior Drilling Products Inc. 198,912 159
* NCS Multistage Holdings Inc. 10,064 158
1 US Energy Corp. 102,771 139
* Stabilis Solutions Inc. 26,185 116
*,1 Verde Clean Fuels Inc. 29,037 109
* ENGlobal Corp. 300,740 102
*,1 Camber Energy Inc. 303,719 70
* Clean Energy Technologies Inc. 29,104 54
* MIND Technology Inc. 100,023 51
*,1 Enservco Corp. 73,250 28
* EzFill Holdings Inc. 6,718 16
* Drilling Tools International Corp. 3,717 15
*,1 BitNile Metaverse Inc. 7,425 6
* Dawson Geophysical Co. 497 1
*,1,2 Next Bridge Hydrocarbons Inc. 902,467
            4,337,072
Financials (15.7%)
  KKR & Co. Inc. 9,015,750 555,370
  Apollo Global Management Inc. 6,089,968 546,636
* Block Inc. Class A 7,691,665 340,433
* Markel Group Inc. 183,581 270,321
  LPL Financial Holdings Inc. 1,064,515 252,982

          Shares Market
Value
($000)
  Ares Management Corp. Class A  2,300,935    236,697
  First Citizens BancShares Inc. Class A    165,928    228,997
*,1 Coinbase Global Inc. Class A  2,369,696    177,917
  Fidelity National Financial Inc.  3,620,918    149,544
  RenaissanceRe Holdings Ltd.    716,538    141,817
  Reinsurance Group of America Inc.    926,071    134,456
  Annaly Capital Management Inc.  6,896,550    129,724
  Equitable Holdings Inc.  4,564,557    129,588
  Interactive Brokers Group Inc. Class A  1,491,048    129,065
  Tradeweb Markets Inc. Class A  1,597,634    128,130
  Kinsale Capital Group Inc.    307,462    127,329
  Unum Group  2,574,555    126,642
  New York Community Bancorp Inc. 10,070,806    114,203
* WEX Inc.    598,286    112,532
* SoFi Technologies Inc. 13,316,090 106,396
  East West Bancorp Inc. 1,966,962 103,679
  American Financial Group Inc. 925,253 103,323
  Erie Indemnity Co. Class A 347,501 102,092
  Ally Financial Inc. 3,776,940 100,769
  Old Republic International Corp. 3,725,930 100,377
  Voya Financial Inc. 1,472,117 97,822
  Primerica Inc. 502,930 97,573
  Webster Financial Corp. 2,404,575 96,928
* Toast Inc. Class A 5,060,087 94,775
  Carlyle Group Inc. 3,008,060 90,723
  Jefferies Financial Group Inc. 2,456,570 89,984
  Stifel Financial Corp. 1,446,863 88,895
  Selective Insurance Group Inc. 849,997 87,694
  First Horizon Corp. 7,786,076 85,803
  Morningstar Inc. 362,797 84,982
  SEI Investments Co. 1,384,616 83,395
  First American Financial Corp. 1,446,469 81,711
  Cullen/Frost Bankers Inc. 892,469 81,402
1 AGNC Investment Corp. 8,480,059 80,052
1 Starwood Property Trust Inc. 4,119,338 79,709
  Houlihan Lokey Inc. Class A 716,306 76,731
  RLI Corp. 560,804 76,208
* Robinhood Markets Inc. Class A 7,683,390 75,374
  Commerce Bancshares Inc. 1,568,759 75,269
  Blue Owl Capital Inc. Class A 5,644,580 73,154
  SouthState Corp. 1,059,041 71,337
  Pinnacle Financial Partners Inc. 1,063,026 71,265
  Essent Group Ltd. 1,504,450 71,145
  Prosperity Bancshares Inc. 1,293,100 70,577
  Western Alliance Bancorp 1,534,962 70,562
  Western Union Co. 5,230,663 68,940
* Ryan Specialty Holdings Inc. Class A 1,407,781 68,137
  Evercore Inc. Class A 491,105 67,714
  OneMain Holdings Inc. 1,638,439 65,685
  MGIC Investment Corp. 3,934,930 65,674
*,1 Affirm Holdings Inc. Class A 3,012,117 64,068
  Wintrust Financial Corp. 841,422 63,527
  Affiliated Managers Group Inc. 487,281 63,512
  Popular Inc. 994,107 62,639
  Rithm Capital Corp. 6,627,021 61,565
  Axis Capital Holdings Ltd. 1,091,793 61,544
  Old National Bancorp 4,064,401 59,096
  Lincoln National Corp. 2,389,403 58,994

          Shares Market
Value
($000)
  Columbia Banking System Inc.  2,891,990     58,707
  Synovus Financial Corp.  2,025,626     56,312
  Home BancShares Inc.  2,655,448     55,605
  Hanover Insurance Group Inc.    500,082     55,499
  Radian Group Inc.  2,168,104     54,441
  Bank OZK  1,458,807     54,078
  Cadence Bank  2,525,516     53,591
  FNB Corp.  4,890,604     52,770
  White Mountains Insurance Group Ltd.     35,012     52,367
  United Bankshares Inc.  1,891,437     52,185
* Euronet Worldwide Inc.    655,971     52,071
1 Blackstone Mortgage Trust Inc. Class A  2,376,391     51,687
  FirstCash Holdings Inc.    514,326     51,628
  Valley National Bancorp  6,030,671     51,623
* Mr Cooper Group Inc. 922,217 49,394
  Lazard Ltd. Class A 1,592,322 49,378
  Janus Henderson Group plc 1,832,239 47,308
* Flywire Corp. 1,471,715 46,933
  Assured Guaranty Ltd. 775,443 46,930
  Hamilton Lane Inc. Class A 518,158 46,862
* Remitly Global Inc. 1,850,246 46,663
  American Equity Investment Life Holding Co. 851,590 45,679
  Corebridge Financial Inc. 2,301,794 45,460
* Brighthouse Financial Inc. 913,595 44,711
  First Financial Bankshares Inc. 1,772,126 44,516
* Enstar Group Ltd. 182,969 44,278
  Glacier Bancorp Inc. 1,551,711 44,224
  Hancock Whitney Corp. 1,185,670 43,858
* Shift4 Payments Inc. Class A 786,318 43,538
  SLM Corp. 3,132,389 42,663
  Federated Hermes Inc. Class B 1,249,189 42,310
  United Community Banks Inc. 1,647,067 41,852
  Moelis & Co. Class A 927,163 41,843
*,1 Credit Acceptance Corp. 89,501 41,181
1 Arbor Realty Trust Inc. 2,603,431 39,520
* Texas Capital Bancshares Inc. 669,350 39,425
  Jackson Financial Inc. Class A 1,009,232 38,573
  CNO Financial Group Inc. 1,593,895 37,823
  UMB Financial Corp. 608,989 37,788
* Genworth Financial Inc. Class A 6,429,525 37,677
* Marqeta Inc. Class A 6,153,680 36,799
  ServisFirst Bancshares Inc. 688,079 35,897
  Kemper Corp. 848,880 35,678
  Artisan Partners Asset Management Inc. Class A 947,687 35,462
  Associated Banc-Corp 2,070,131 35,420
  Ameris Bancorp 911,860 35,006
  Cathay General Bancorp 1,002,382 34,843
  Walker & Dunlop Inc. 466,357 34,622
  First Bancorp 2,518,466 33,899
  EVERTEC Inc. 904,086 33,614
1 Hannon Armstrong Sustainable Infrastructure Capital Inc. 1,522,747 32,282
  First Hawaiian Inc. 1,788,250 32,278
  Community Bank System Inc. 750,301 31,670
* NMI Holdings Inc. Class A 1,164,496 31,546
  International Bancshares Corp. 726,647 31,493
  WSFS Financial Corp. 855,528 31,227
  CVB Financial Corp. 1,869,134 30,972
  Piper Sandler Cos. 209,704 30,472

          Shares Market
Value
($000)
  BOK Financial Corp.    379,987     30,391
  Atlantic Union Bankshares Corp.  1,042,064     29,991
  Simmons First National Corp. Class A  1,768,356     29,991
  Independent Bank Corp.    606,806     29,788
  First Interstate BancSystem Inc. Class A  1,161,905     28,978
  BGC Group Inc. Class A  5,475,149     28,909
  Pacific Premier Bancorp Inc.  1,322,766     28,783
*,1 Upstart Holdings Inc.    998,026     28,484
  Eastern Bankshares Inc.  2,240,534     28,096
  Fulton Financial Corp.  2,305,723     27,922
  Bank of Hawaii Corp.    560,280     27,840
* Axos Financial Inc.    732,486     27,732
* Bancorp Inc.    771,357     26,612
  PennyMac Financial Services Inc.    393,978     26,239
  First Financial Bancorp 1,313,717 25,749
  Seacoast Banking Corp. of Florida 1,160,959 25,495
  TPG Inc. Class A 839,008 25,271
  PJT Partners Inc. Class A 316,472 25,141
* Goosehead Insurance Inc. Class A 330,718 24,648
  Bread Financial Holdings Inc. 699,956 23,938
* StoneX Group Inc. 246,216 23,863
  BankUnited Inc. 1,026,164 23,294
  First Merchants Corp. 834,736 23,222
  Washington Federal Inc. 904,977 23,186
  Virtu Financial Inc. Class A 1,319,053 22,780
  StepStone Group Inc. Class A 721,314 22,779
* AvidXchange Holdings Inc. 2,386,832 22,627
  Towne Bank 986,650 22,624
  Nelnet Inc. Class A 250,903 22,411
* Payoneer Global Inc. 3,649,052 22,332
* Enova International Inc. 437,620 22,262
* PROG Holdings Inc. 653,076 21,689
  Ready Capital Corp. 2,140,381 21,639
  Cohen & Steers Inc. 344,691 21,609
  NBT Bancorp Inc. 667,001 21,137
  Navient Corp. 1,223,381 21,067
* BRP Group Inc. Class A 888,296 20,635
  Renasant Corp. 778,793 20,397
  WesBanco Inc. 834,165 20,370
* Triumph Financial Inc. 312,473 20,245
  Banner Corp. 474,138 20,094
  Independent Bank Group Inc. 499,572 19,758
* Donnelley Financial Solutions Inc. 350,968 19,752
  OFG Bancorp 659,425 19,690
  Enterprise Financial Services Corp. 517,293 19,398
  City Holding Co. 213,820 19,319
  Virtus Investment Partners Inc. 95,412 19,272
  Park National Corp. 203,750 19,258
  Claros Mortgage Trust Inc. 1,725,827 19,122
  Trustmark Corp. 849,709 18,464
  Federal Agricultural Mortgage Corp. Class C 119,610 18,456
  Northwest Bancshares Inc. 1,801,008 18,424
  Apollo Commercial Real Estate Finance Inc. 1,812,612 18,362
* Cannae Holdings Inc. 978,008 18,230
* Palomar Holdings Inc. 357,008 18,118
  Hilltop Holdings Inc. 634,002 17,980
  BancFirst Corp. 203,828 17,678
  Two Harbors Investment Corp. 1,335,011 17,676

          Shares Market
Value
($000)
  Chimera Investment Corp.  3,232,791     17,651
  First Commonwealth Financial Corp.  1,424,127     17,389
  Lakeland Financial Corp.    359,389     17,057
  Horace Mann Educators Corp.    578,512     16,997
  Stewart Information Services Corp.    384,134     16,825
  Victory Capital Holdings Inc. Class A    499,527     16,654
  Pathward Financial Inc.    357,083     16,458
  Westamerica Bancorp    371,735     16,078
  Provident Financial Services Inc.  1,049,964     16,054
  Ladder Capital Corp. Class A  1,564,222     16,049
  First Bancorp (XNGS)    569,887     16,037
* Encore Capital Group Inc.    333,687     15,937
  Heartland Financial USA Inc.    532,071     15,659
  National Bank Holdings Corp. Class A    525,939     15,652
  TriCo Bancshares 484,057 15,504
  Franklin BSP Realty Trust Inc. 1,170,005 15,491
  PennyMac Mortgage Investment Trust 1,245,329 15,442
  Argo Group International Holdings Ltd. 508,143 15,163
  Stock Yards Bancorp Inc. 379,572 14,913
  CNA Financial Corp. 375,849 14,790
  First Busey Corp. 751,792 14,449
  Hope Bancorp Inc. 1,627,175 14,400
  Employers Holdings Inc. 355,098 14,186
* Customers Bancorp Inc. 411,289 14,169
  Safety Insurance Group Inc. 207,507 14,150
  Sandy Spring Bancorp Inc. 653,187 13,998
  FB Financial Corp. 492,076 13,955
*,1 Trupanion Inc. 494,620 13,948
  AMERISAFE Inc. 277,403 13,890
  Stellar Bancorp Inc. 648,546 13,827
  National Western Life Group Inc. Class A 31,594 13,822
  MFA Financial Inc. 1,429,913 13,741
  S&T Bancorp Inc. 503,534 13,636
1 ARMOUR Residential REIT Inc. 3,202,865 13,612
  Veritex Holdings Inc. 755,823 13,567
  Live Oak Bancshares Inc. 468,608 13,566
*,1 Rocket Cos. Inc. Class A 1,648,643 13,486
  PacWest Bancorp 1,655,930 13,098
  ProAssurance Corp. 688,866 13,013
  Berkshire Hills Bancorp Inc. 634,642 12,725
* Avantax Inc. 491,766 12,579
* SiriusPoint Ltd. 1,211,200 12,318
  Origin Bancorp Inc. 425,631 12,288
  Nicolet Bankshares Inc. 173,091 12,078
  OceanFirst Financial Corp. 825,190 11,941
  QCR Holdings Inc. 244,898 11,882
  Preferred Bank 188,807 11,753
  Redwood Trust Inc. 1,631,374 11,632
  BrightSpire Capital Inc. Class A 1,838,324 11,508
  WisdomTree Inc. 1,622,946 11,361
  Peoples Bancorp Inc. 446,470 11,331
  Southside Bancshares Inc. 393,992 11,308
  Brookline Bancorp Inc. 1,240,959 11,305
  Ellington Financial Inc. 904,964 11,285
* Oscar Health Inc. Class A 1,993,279 11,103
  Enact Holdings Inc. 406,395 11,066
  Lakeland Bancorp Inc. 871,250 10,995
  German American Bancorp Inc. 405,805 10,993

          Shares Market
Value
($000)
  New York Mortgage Trust Inc.  1,282,786     10,891
  First Bancshares Inc.    402,439     10,854
  1st Source Corp.    250,814     10,557
* PRA Group Inc.    547,586     10,519
* Skyward Specialty Insurance Group Inc.    384,330     10,515
*,1 Lemonade Inc.    897,877     10,433
  Mercury General Corp.    372,150     10,431
* Open Lending Corp.  1,403,993     10,277
  Merchants Bancorp    369,657     10,247
  KKR Real Estate Finance Trust Inc.    832,898      9,887
  Banc of California Inc.    788,286      9,759
* Green Dot Corp. Class A    671,373      9,352
  Eagle Bancorp Inc.    434,907      9,329
  Dime Community Bancshares Inc.    466,346      9,308
1 B. Riley Financial Inc. 226,951 9,303
* LendingClub Corp. 1,513,909 9,235
  Brightsphere Investment Group Inc. 475,002 9,210
  ConnectOne Bancorp Inc. 504,421 8,994
  Dynex Capital Inc. 745,617 8,903
  Premier Financial Corp. 517,041 8,821
  Capitol Federal Financial Inc. 1,806,978 8,619
  James River Group Holdings Ltd. 561,260 8,615
  Bank First Corp. 111,338 8,590
* Repay Holdings Corp. Class A 1,086,957 8,250
  Old Second Bancorp Inc. 592,067 8,058
  Byline Bancorp Inc. 407,791 8,038
* International Money Express Inc. 472,136 7,993
  TFS Financial Corp. 669,589 7,915
  Tompkins Financial Corp. 158,976 7,788
* AssetMark Financial Holdings Inc. 304,192 7,629
  F&G Annuities & Life Inc. 271,805 7,627
  Community Trust Bancorp Inc. 219,920 7,534
  A-Mark Precious Metals Inc. 254,671 7,470
  Heritage Commerce Corp. 874,323 7,406
  Diamond Hill Investment Group Inc. 43,658 7,359
  Heritage Financial Corp. 447,854 7,304
  Cambridge Bancorp 116,254 7,241
  Hanmi Financial Corp. 445,349 7,228
* I3 Verticals Inc. Class A 336,195 7,107
* Coastal Financial Corp. 165,446 7,099
* Ambac Financial Group Inc. 587,835 7,089
  First Mid Bancshares Inc. 263,827 7,007
  Mercantile Bank Corp. 221,327 6,841
  Kearny Financial Corp. 984,844 6,825
1 UWM Holdings Corp. Class A 1,398,400 6,782
  Amerant Bancorp Inc. Class A 386,781 6,745
  Cass Information Systems Inc. 180,741 6,733
  First Community Bankshares Inc. 228,248 6,722
  TrustCo Bank Corp. 246,192 6,719
  P10 Inc. Class A 573,567 6,682
  Central Pacific Financial Corp. 395,937 6,604
  Business First Bancshares Inc. 351,665 6,597
  Invesco Mortgage Capital Inc. 656,724 6,574
  Washington Trust Bancorp Inc. 246,421 6,488
  Great Southern Bancorp Inc. 135,085 6,473
  Midland States Bancorp Inc. 314,910 6,468
1 Ares Commercial Real Estate Corp. 676,975 6,445
  United Fire Group Inc. 326,180 6,442

          Shares Market
Value
($000)
  Univest Financial Corp.    367,471      6,387
  Capital City Bank Group Inc.    210,701      6,285
  Camden National Corp.    221,062      6,238
  TPG RE Finance Trust Inc.    925,935      6,232
* World Acceptance Corp.     49,015      6,228
  Horizon Bancorp Inc.    576,496      6,157
* CrossFirst Bankshares Inc.    606,060      6,115
  Peapack-Gladstone Financial Corp.    236,164      6,058
  Perella Weinberg Partners Class A    587,826      5,984
* Columbia Financial Inc.    378,264      5,943
  Universal Insurance Holdings Inc.    415,690      5,828
  Flushing Financial Corp.    442,726      5,813
* Metropolitan Bank Holding Corp.    158,568      5,753
  Farmers National Banc Corp.    497,569      5,752
* NerdWallet Inc. Class A 641,570 5,704
  Republic Bancorp Inc. Class A 128,152 5,645
  Independent Bank Corp. (Michigan) 302,911 5,555
  Hingham Institution For Savings 28,951 5,407
  Equity Bancshares Inc. Class A 222,044 5,345
* Cantaloupe Inc. 848,366 5,302
  Bar Harbor Bankshares 222,935 5,268
* EZCORP Inc. Class A 638,139 5,265
  First Financial Corp. 155,419 5,255
  American National Bankshares Inc. 137,748 5,226
  CNB Financial Corp. 287,199 5,201
  South Plains Financial Inc. 194,199 5,135
1 Orchid Island Capital Inc. 573,593 4,881
  Tiptree Inc. Class A 285,215 4,780
  Southern Missouri Bancorp Inc. 123,148 4,765
  HarborOne Bancorp Inc. 500,071 4,761
  Esquire Financial Holdings Inc. 102,758 4,695
  GCM Grosvenor Inc. Class A 601,260 4,666
  Arrow Financial Corp. 269,182 4,581
  Northfield Bancorp Inc. 478,910 4,526
  SmartFinancial Inc. 210,884 4,507
1 NewtekOne Inc. 304,770 4,495
  Amalgamated Financial Corp. 260,683 4,489
  Shore Bancshares Inc. 423,210 4,452
  Summit Financial Group Inc. 195,678 4,411
  Northeast Bank 98,222 4,332
  Bank of Marin Bancorp 233,701 4,272
1 Burke & Herbert Financial Services Corp. 90,900 4,224
  Metrocity Bankshares Inc. 213,788 4,207
  First Foundation Inc. 687,553 4,180
  HomeTrust Bancshares Inc. 192,271 4,167
* Greenlight Capital Re Ltd. Class A 382,987 4,113
* MBIA Inc. 567,112 4,089
* Carter Bankshares Inc. 325,330 4,076
  HBT Financial Inc. 222,075 4,051
  HCI Group Inc. 74,456 4,042
  MidWestOne Financial Group Inc. 194,958 3,963
  Alerus Financial Corp. 217,410 3,953
  Regional Management Corp. 142,217 3,937
  Oppenheimer Holdings Inc. Class A 100,492 3,850
  Granite Point Mortgage Trust Inc. 781,693 3,815
* Paymentus Holdings Inc. Class A 227,523 3,777
  Capstar Financial Holdings Inc. 265,553 3,768
  ACNB Corp. 119,145 3,766

          Shares Market
Value
($000)
  Mid Penn Bancorp Inc.    183,703      3,698
  Peoples Financial Services Corp.     92,105      3,693
  Bridge Investment Group Holdings Inc. Class A    401,160      3,691
  First of Long Island Corp.    317,043      3,649
  Financial Institutions Inc.    215,480      3,627
  Citizens & Northern Corp.    205,821      3,612
  Sierra Bancorp    189,219      3,588
  Northeast Community Bancorp Inc.    238,256      3,517
  FS Bancorp Inc.    119,191      3,516
  MVB Financial Corp.    155,613      3,514
*,1 Hagerty Inc. Class A    429,529      3,509
  Home Bancorp Inc.    110,046      3,507
  BayCom Corp.    175,600      3,373
  Federal Agricultural Mortgage Corp. Class A     26,518      3,371
  Sculptor Capital Management Inc. Class A 290,161 3,366
  Donegal Group Inc. Class A 235,814 3,362
* Southern First Bancshares Inc. 122,020 3,287
  Orrstown Financial Services Inc. 153,208 3,219
* Bridgewater Bancshares Inc. 339,479 3,218
  West Bancorp Inc. 196,726 3,209
  First Bank 296,082 3,192
  Guaranty Bancshares Inc. 111,107 3,188
  Civista Bancshares Inc. 201,483 3,123
  Enterprise Bancorp Inc. 113,287 3,102
* Third Coast Bancshares Inc. 181,078 3,096
  Five Star Bancorp 153,311 3,075
  Investors Title Co. 20,747 3,072
* Blue Foundry Bancorp 366,870 3,071
  Northrim Bancorp Inc. 76,598 3,035
  Red River Bancshares Inc. 64,959 2,986
  Citizens Financial Services Inc. 60,659 2,907
  First Business Financial Services Inc. 95,966 2,880
  Greenhill & Co. Inc. 194,330 2,876
  Timberland Bancorp Inc. 106,008 2,873
* Forge Global Holdings Inc. 1,393,339 2,828
* Oportun Financial Corp. 390,828 2,822
  Chicago Atlantic Real Estate Finance Inc. 191,115 2,813
  Macatawa Bank Corp. 313,470 2,809
  Waterstone Financial Inc. 256,498 2,809
* eHealth Inc. 373,139 2,761
  Farmers & Merchants Bancorp Inc. 157,325 2,758
  John Marshall Bancorp Inc. 153,949 2,748
  Fidelity D&D Bancorp Inc. 60,477 2,746
  PCB Bancorp 176,970 2,734
  AFC Gamma Inc. 228,835 2,687
  First Bancorp Inc. 111,881 2,629
  Middlefield Banc Corp. 101,429 2,577
  Norwood Financial Corp. 98,347 2,533
* Ponce Financial Group Inc. 322,732 2,524
  Plumas Bancorp 73,314 2,503
  BCB Bancorp Inc. 224,625 2,502
* LendingTree Inc. 158,669 2,459
  Codorus Valley Bancorp Inc. 130,662 2,436
1 Angel Oak Mortgage REIT Inc. 283,978 2,422
  Great Ajax Corp. 372,803 2,401
* Southern California Bancorp 170,780 2,393
  C&F Financial Corp. 44,566 2,389
  Orange County Bancorp Inc. 55,244 2,385

          Shares Market
Value
($000)
* Ocwen Financial Corp.     92,076      2,383
* FVCBankcorp Inc.    182,127      2,333
  Capital Bancorp Inc.    121,048      2,316
* Provident Bancorp Inc.    238,782      2,314
* Heritage Insurance Holdings Inc.    353,212      2,292
  Oak Valley Bancorp     91,015      2,283
  RBB Bancorp    178,494      2,281
  Crawford & Co. Class B    265,090      2,272
  Colony Bankcorp Inc.    226,707      2,266
  Greene County Bancorp Inc.     94,186      2,265
*,1 AlTi Global Inc.    324,082      2,256
* Acacia Research Corp.    604,723      2,207
  Princeton Bancorp Inc.     75,716      2,195
  Nexpoint Real Estate Finance Inc.    132,816      2,173
  Parke Bancorp Inc. 132,586 2,160
  Evans Bancorp Inc. 80,053 2,145
* Atlanticus Holdings Corp. 70,011 2,122
  Bankwell Financial Group Inc. 87,253 2,118
  National Bankshares Inc. 83,145 2,082
  Ames National Corp. 125,132 2,076
  Primis Financial Corp. 254,780 2,076
*,1 American Coastal Insurance Corp. 278,703 2,051
* Arlington Asset Investment Corp. Class A 478,910 2,050
  William Penn Bancorp 161,491 2,015
  Virginia National Bankshares Corp. 66,254 2,011
* Selectquote Inc. 1,708,777 1,999
* California Bancorp 96,513 1,940
  AG Mortgage Investment Trust Inc. 349,333 1,939
  Penns Woods Bancorp Inc. 91,870 1,937
  Seven Hills Realty Trust 177,373 1,937
  Chemung Financial Corp. 48,583 1,924
  Unity Bancorp Inc. 81,977 1,921
  Southern States Bancshares Inc. 84,982 1,920
  LCNB Corp. 134,452 1,919
  Central Valley Community Bancorp 135,939 1,918
  Sachem Capital Corp. 542,036 1,913
* Kingsway Financial Services Inc. 252,588 1,907
  ESSA Bancorp Inc. 125,382 1,882
  First Internet Bancorp 115,794 1,877
  Associated Capital Group Inc. Class A 51,110 1,866
  HomeStreet Inc. 236,614 1,843
  ChoiceOne Financial Services Inc. 92,210 1,811
  Silvercrest Asset Management Group Inc. Class A 113,539 1,802
  Medallion Financial Corp. 254,706 1,788
*,1 Citizens Inc. Class A 625,430 1,782
  MainStreet Bancshares Inc. 86,101 1,769
* Maiden Holdings Ltd. 1,004,655 1,768
  First Northwest Bancorp 143,833 1,765
*,1 Hippo Holdings Inc. 217,449 1,733
  Richmond Mutual Bancorp Inc. 155,106 1,729
* Security National Financial Corp. Class A 218,152 1,710
  Hanover Bancorp Inc. 93,997 1,700
  Western New England Bancorp Inc. 259,986 1,687
  OP Bancorp 182,318 1,668
  First Community Corp. 94,377 1,630
* First Western Financial Inc. 89,691 1,628
  Riverview Bancorp Inc. 292,678 1,627
  Franklin Financial Services Corp. 56,547 1,612

          Shares Market
Value
($000)
  First United Corp.     97,981      1,590
* Sterling Bancorp Inc.    269,676      1,575
1 BV Financial Inc.    155,600      1,568
* Velocity Financial Inc.    138,380      1,564
  BankFinancial Corp.    181,233      1,562
* NI Holdings Inc.    115,761      1,490
  Hawthorn Bancshares Inc.     90,769      1,475
  Peoples Bancorp of North Carolina Inc.     65,460      1,472
* ECB Bancorp Inc.    132,307      1,455
1 Cherry Hill Mortgage Investment Corp.    390,440      1,452
  Luther Burbank Corp.    167,843      1,410
  Meridian Corp.    143,789      1,408
  Ellington Residential Mortgage REIT    226,428      1,406
  Citizens Community Bancorp Inc.    145,525      1,397
  Summit State Bank 84,229 1,387
  FNCB Bancorp Inc. 232,813 1,385
* Beneficient Class A 531,922 1,378
  SB Financial Group Inc. 98,496 1,351
* Consumer Portfolio Services Inc. 143,922 1,305
  First Financial Northwest Inc. 101,190 1,287
  Investar Holding Corp. 121,401 1,286
  United Security Bancshares 172,819 1,286
* Heritage Global Inc. 411,740 1,285
  Ohio Valley Banc Corp. 51,931 1,270
*,1 Moneylion Inc. 58,685 1,270
* USCB Financial Holdings Inc. 120,652 1,268
  CB Financial Services Inc. 58,237 1,263
* loanDepot Inc. Class A 720,179 1,239
* Finwise Bancorp 142,628 1,232
  Provident Financial Holdings Inc. 92,350 1,209
  First National Corp. 66,397 1,185
* Catalyst Bancorp Inc. 96,277 1,174
  Lument Finance Trust Inc. 561,340 1,168
  Territorial Bancorp Inc. 128,027 1,164
  First Capital Inc. 43,272 1,164
  Westwood Holdings Group Inc. 113,259 1,150
  LINKBANCORP Inc. 165,700 1,140
*,1 Bakkt Holdings Inc. 973,007 1,138
  First Savings Financial Group Inc. 76,028 1,137
  Bank7 Corp. 49,309 1,110
*,1 Root Inc. Class A 112,295 1,068
  CF Bankshares Inc. 62,612 1,059
  Eagle Bancorp Montana Inc. 89,026 1,052
  Union Bankshares Inc. 46,658 1,045
* SWK Holdings Corp. 65,383 1,030
* Midwest Holding Inc. 39,276 1,027
* GoHealth Inc. Class A 70,226 1,018
  First Guaranty Bancshares Inc. 89,595 986
  Magyar Bancorp Inc. 97,323 970
* Paysign Inc. 496,392 968
  Blue Ridge Bankshares Inc. 209,840 948
  Sound Financial Bancorp Inc. 25,241 928
  Western Asset Mortgage Capital Corp. 98,287 924
* Pioneer Bancorp Inc. 106,991 914
  Old Point Financial Corp. 49,509 904
  HMN Financial Inc. 46,888 897
  Community West Bancshares 68,874 895
  Finward Bancorp 42,623 895

          Shares Market
Value
($000)
* Affinity Bancshares Inc.     55,206        844
* ACRES Commercial Realty Corp.    101,482        842
  Landmark Bancorp Inc.     46,114        839
* Priority Technology Holdings Inc.    258,431        837
* 1895 Bancorp of Wisconsin Inc.    112,911        811
  Partners Bancorp    101,317        785
  Bank of the James Financial Group Inc.     76,007        779
  Guild Holdings Co. Class A     70,985        779
  United Bancorp Inc.     67,080        775
  First US Bancshares Inc.     76,705        656
  TC Bancshares Inc.     45,779        632
  AmeriServ Financial Inc.    234,196        621
  US Global Investors Inc. Class A    217,552        620
  Bayfirst Financial Corp.     55,268        616
  Citizens Holding Co. 58,802 612
* Finance of America Cos. Inc. Class A 445,632 570
  Crawford & Co. Class A 58,367 545
  MarketWise Inc. 339,965 544
  IF Bancorp Inc. 35,981 536
  Auburn National Bancorp Inc. 24,583 531
* Nicholas Financial Inc. 107,044 518
  Cullman Bancorp Inc. 47,462 507
  Pathfinder Bancorp Inc. 35,654 501
*,1 AppTech Payments Corp. 149,801 494
*,1 OppFi Inc. 192,600 485
  Value Line Inc. 10,206 446
  Manhattan Bridge Capital Inc. 90,818 436
  First Seacoast Bancorp 61,705 433
* Usio Inc. 234,439 410
  Hennessy Advisors Inc. 56,949 387
*,1 Katapult Holdings Inc. 37,671 386
* Broadway Financial Corp. 333,437 327
*,1 Curo Group Holdings Corp. 301,842 317
*,1 Siebert Financial Corp. 145,922 290
* BM Technologies Inc. 144,374 289
*,1 Bright Health Group Inc. 47,738 285
* Bogota Financial Corp. 32,740 242
* Safeguard Scientifics Inc. 237,965 238
* Kingstone Cos. Inc. 123,172 217
* Rhinebeck Bancorp Inc. 31,678 216
  Texas Community Bancshares Inc. 16,142 207
* FlexShopper Inc. 194,566 204
* NSTS Bancorp Inc. 21,833 197
  Atlantic American Corp. 88,541 172
  Home Federal Bancorp Inc. of Louisiana 10,778 163
* OptimumBank Holdings Inc. 49,608 157
* Ashford Inc. 25,018 154
* Carver Bancorp Inc. 69,983 152
* Vericity Inc. 26,227 142
  Village Bank & Trust Financial Corp. 3,066 140
* Generations Bancorp NY Inc. 15,720 137
* Oxbridge Re Holdings Ltd. 85,132 117
* Patriot National Bancorp Inc. 15,238 108
* Income Opportunity Realty Investors Inc. 8,889 99
*,1 Ryvyl Inc. 30,294 92
*,1 OLB Group Inc. 112,818 82
  Glen Burnie Bancorp 10,414 68
* FG Financial Group Inc. 47,088 66

          Shares Market
Value
($000)
  Kentucky First Federal Bancorp     11,901         61
* Hallmark Financial Services Inc.     28,429         56
* PB Bankshares Inc.      3,924         50
*,1 LM Funding America Inc.     99,032         48
*,1 Reliance Global Group Inc.     18,225         44
*,1 Marpai Inc. Class A     54,324         37
*,1 Conifer Holdings Inc.     24,973         32
1 Cohen & Co. Inc.      4,588         30
* ICC Holdings Inc.      1,748         28
* Netcapital Inc.     45,304         19
  Lake Shore Bancorp Inc.      1,358         14
*,1 SHF Holdings Inc.     18,160         14
* CFSB Bancorp Inc.        212          2
* Marygold Cos. Inc.         81         —
            13,295,835
Health Care (12.1%)
* Seagen Inc. 1,965,463 416,973
* Veeva Systems Inc. Class A 2,035,179 414,057
* Horizon Therapeutics plc 3,196,686 369,825
* Alnylam Pharmaceuticals Inc. 1,746,806 309,359
* BioMarin Pharmaceutical Inc. 2,623,807 232,154
* Avantor Inc. 9,475,510 199,744
* Exact Sciences Corp. 2,525,738 172,306
* Sarepta Therapeutics Inc. 1,307,028 158,438
* Neurocrine Biosciences Inc. 1,363,832 153,431
* United Therapeutics Corp. 655,177 147,985
  Royalty Pharma plc Class A 5,388,267 146,238
* Penumbra Inc. 538,563 130,284
* Repligen Corp. 727,049 115,608
* Jazz Pharmaceuticals plc 882,564 114,239
  Chemed Corp. 209,802 109,034
* Shockwave Medical Inc. 514,133 102,364
* Exelixis Inc. 4,437,358 96,956
* Tenet Healthcare Corp. 1,421,931 93,691
  Encompass Health Corp. 1,394,371 93,646
* Ionis Pharmaceuticals Inc. 1,996,707 90,571
* Acadia Healthcare Co. Inc. 1,285,637 90,393
* HealthEquity Inc. 1,195,302 87,317
  Bruker Corp. 1,376,682 85,767
* Karuna Therapeutics Inc. 503,901 85,205
* Option Care Health Inc. 2,511,836 81,258
* Inspire Medical Systems Inc. 409,117 81,185
* Globus Medical Inc. Class A 1,635,081 81,182
* Medpace Holdings Inc. 324,206 78,500
* Elanco Animal Health Inc. 6,912,401 77,695
* agilon health Inc. 4,175,639 74,159
  Ensign Group Inc. 782,852 72,750
* Halozyme Therapeutics Inc. 1,848,373 70,608
* Natera Inc. 1,508,961 66,772
* Lantheus Holdings Inc. 959,486 66,665
* Alkermes plc 2,322,221 65,045
* Intra-Cellular Therapies Inc. 1,246,930 64,953
* Envista Holdings Corp. 2,279,261 63,546
* Haemonetics Corp. 708,345 63,454
* Vaxcyte Inc. 1,201,250 61,240
  Perrigo Co. plc 1,874,809 59,900
* 10X Genomics Inc. Class A 1,448,664 59,757
* Merit Medical Systems Inc. 813,086 56,119

          Shares Market
Value
($000)
* Masimo Corp.    621,091     54,457
* Apellis Pharmaceuticals Inc.  1,418,891     53,975
* Roivant Sciences Ltd.  4,528,187     52,889
* Insmed Inc.  2,032,892     51,331
* Neogen Corp.  2,757,366     51,122
*,1 CRISPR Therapeutics AG  1,122,362     50,944
* QuidelOrtho Corp.    693,905     50,683
* Glaukos Corp.    672,650     50,617
* ImmunoGen Inc.  3,172,265     50,344
* Guardant Health Inc.  1,631,035     48,344
* Inari Medical Inc.    704,931     46,102
* AMN Healthcare Services Inc.    528,458     45,014
* Bridgebio Pharma Inc.  1,666,817     43,954
  CONMED Corp.    427,813     43,145
* Amedisys Inc. 460,994 43,057
* Amicus Therapeutics Inc. 3,527,130 42,890
* Evolent Health Inc. Class A 1,571,788 42,800
* Blueprint Medicines Corp. 847,187 42,546
* Teladoc Health Inc. 2,282,370 42,429
* Azenta Inc. 835,110 41,914
* R1 RCM Inc. 2,748,403 41,418
* iRhythm Technologies Inc. 425,864 40,142
* Arrowhead Pharmaceuticals Inc. 1,492,128 40,093
* LivaNova plc 750,024 39,661
* Akero Therapeutics Inc. 782,407 39,574
* Axonics Inc. 703,888 39,502
* Progyny Inc. 1,161,016 39,498
* Intellia Therapeutics Inc. 1,246,280 39,407
* Cytokinetics Inc. 1,337,087 39,391
* Krystal Biotech Inc. 337,407 39,139
* Prestige Consumer Healthcare Inc. 684,175 39,128
* REVOLUTION Medicines Inc. 1,381,872 38,250
* Mirati Therapeutics Inc. 875,606 38,141
*,1 Axsome Therapeutics Inc. 544,914 38,084
* Doximity Inc. Class A 1,768,694 37,532
* Integra LifeSciences Holdings Corp. 964,571 36,837
  Select Medical Holdings Corp. 1,453,134 36,721
* Enovis Corp. 696,186 36,710
* Integer Holdings Corp. 463,386 36,343
* Denali Therapeutics Inc. 1,748,318 36,068
* Fortrea Holdings Inc. 1,258,602 35,983
  Premier Inc. Class A 1,668,924 35,882
  Patterson Cos. Inc. 1,204,176 35,692
* Ultragenyx Pharmaceutical Inc. 999,351 35,627
* ACADIA Pharmaceuticals Inc. 1,685,966 35,136
*,1 Corcept Therapeutics Inc. 1,270,646 34,619
* ICU Medical Inc. 286,509 34,097
* Privia Health Group Inc. 1,432,456 32,946
* Madrigal Pharmaceuticals Inc. 217,197 31,719
* AtriCure Inc. 664,331 29,098
* Omnicell Inc. 628,711 28,317
* Pacific Biosciences of California Inc. 3,259,489 27,217
* STAAR Surgical Co. 677,017 27,203
* Surgery Partners Inc. 923,340 27,008
* Dynavax Technologies Corp. 1,808,178 26,707
* Immunovant Inc. 688,206 26,420
* Prothena Corp. plc 546,963 26,391
* CorVel Corp. 127,146 25,003

          Shares Market
Value
($000)
* TransMedics Group Inc.    456,608     24,999
* Amphastar Pharmaceuticals Inc.    534,641     24,588
* RadNet Inc.    857,043     24,160
* Crinetics Pharmaceuticals Inc.    802,108     23,855
* PTC Therapeutics Inc.  1,054,207     23,625
* Ventyx Biosciences Inc.    668,759     23,226
* Veracyte Inc.  1,008,121     22,511
* Beam Therapeutics Inc.    929,436     22,353
* Vericel Corp.    665,362     22,303
* Novocure Ltd.  1,374,080     22,191
* Ideaya Biosciences Inc.    820,812     22,146
* NeoGenomics Inc.  1,777,796     21,867
* Cymabay Therapeutics Inc.  1,466,347     21,863
* Certara Inc.  1,500,774     21,821
* Cerevel Therapeutics Holdings Inc. 988,319 21,575
* Schrodinger Inc. 753,762 21,309
* Sotera Health Co. 1,416,104 21,213
* Supernus Pharmaceuticals Inc. 761,833 21,004
* Biohaven Ltd. 795,557 20,692
* PROCEPT BioRobotics Corp. 626,238 20,547
* Veradigm Inc. 1,545,776 20,311
* Pacira BioSciences Inc. 646,980 19,849
* Addus HomeCare Corp. 227,655 19,394
  US Physical Therapy Inc. 208,039 19,083
* Tandem Diabetes Care Inc. 918,365 19,074
* Agios Pharmaceuticals Inc. 769,465 19,044
* Apollo Medical Holdings Inc. 603,821 18,628
*,1 BioCryst Pharmaceuticals Inc. 2,628,502 18,610
* Ironwood Pharmaceuticals Inc. Class A 1,911,493 18,408
* Celldex Therapeutics Inc. 666,903 18,353
* Myriad Genetics Inc. 1,143,067 18,335
* NextGen Healthcare Inc. 758,782 18,006
*,1 SpringWorks Therapeutics Inc. 764,489 17,675
* Xencor Inc. 859,563 17,320
* Owens & Minor Inc. 1,067,304 17,248
* Rocket Pharmaceuticals Inc. 825,103 16,906
* Nuvalent Inc. Class A 366,952 16,869
*,1 Recursion Pharmaceuticals Inc. Class A 2,194,809 16,790
* TG Therapeutics Inc. 1,995,314 16,681
* UFP Technologies Inc. 100,593 16,241
* Twist Bioscience Corp. 796,407 16,135
* Zentalis Pharmaceuticals Inc. 803,557 16,119
*,1 Rhythm Pharmaceuticals Inc. 698,222 16,007
* Catalyst Pharmaceuticals Inc. 1,360,558 15,905
* Harmony Biosciences Holdings Inc. 477,137 15,636
* Maravai LifeSciences Holdings Inc. Class A 1,563,468 15,635
* Viking Therapeutics Inc. 1,410,326 15,612
* Arcellx Inc. 431,643 15,487
* MannKind Corp. 3,726,077 15,389
* Sage Therapeutics Inc. 733,770 15,101
* Arvinas Inc. 765,355 15,032
  LeMaitre Vascular Inc. 274,614 14,961
* Alphatec Holdings Inc. 1,143,614 14,833
* Pediatrix Medical Group Inc. 1,153,085 14,656
* Revance Therapeutics Inc. 1,274,268 14,616
*,1 Mirum Pharmaceuticals Inc. 450,321 14,230
* 89bio Inc. 900,363 13,902
* Iovance Biotherapeutics Inc. 3,027,016 13,773

          Shares Market
Value
($000)
* Ligand Pharmaceuticals Inc.    229,750     13,767
* Arcus Biosciences Inc.    743,228     13,341
* Geron Corp.  6,284,992     13,324
* Quanterix Corp.    490,257     13,306
* Avanos Medical Inc.    656,226     13,269
* Pliant Therapeutics Inc.    763,061     13,231
* Syndax Pharmaceuticals Inc.    908,853     13,197
* Protagonist Therapeutics Inc.    781,114     13,029
* Hims & Hers Health Inc.  2,056,475     12,935
* Replimune Group Inc.    749,193     12,819
* Morphic Holding Inc.    556,773     12,756
* Phreesia Inc.    682,248     12,744
* ANI Pharmaceuticals Inc.    213,457     12,393
* Cross Country Healthcare Inc.    494,162     12,250
* Ardelyx Inc. 2,996,260 12,225
  Embecta Corp. 810,688 12,201
* MiMedx Group Inc. 1,650,276 12,031
* Vir Biotechnology Inc. 1,250,226 11,715
  National HealthCare Corp. 181,870 11,636
* Brookdale Senior Living Inc. 2,705,594 11,201
* SI-BONE Inc. 524,303 11,136
* Varex Imaging Corp. 590,563 11,097
* Accolade Inc. 1,011,189 10,698
* Keros Therapeutics Inc. 335,552 10,697
* Relay Therapeutics Inc. 1,268,006 10,664
* Collegium Pharmaceutical Inc. 476,116 10,641
* ADMA Biologics Inc. 2,960,780 10,600
* Innoviva Inc. 807,472 10,489
* Deciphera Pharmaceuticals Inc. 819,903 10,429
* Amylyx Pharmaceuticals Inc. 561,225 10,276
* Cogent Biosciences Inc. 1,053,013 10,267
* Alignment Healthcare Inc. 1,466,909 10,180
* Day One Biopharmaceuticals Inc. 818,777 10,046
* Kura Oncology Inc. 1,101,153 10,043
* AdaptHealth Corp. Class A 1,080,245 9,830
* Nevro Corp. 503,008 9,668
  Simulations Plus Inc. 231,752 9,664
* Intercept Pharmaceuticals Inc. 515,934 9,565
* OPKO Health Inc. 5,928,537 9,486
* Editas Medicine Inc. 1,212,275 9,456
* Verve Therapeutics Inc. 700,468 9,288
  National Research Corp. 208,434 9,248
*,1 Cassava Sciences Inc. 552,947 9,201
*,1 Novavax Inc. 1,266,568 9,170
* LifeStance Health Group Inc. 1,330,818 9,143
* CryoPort Inc. 660,676 9,058
* EQRx Inc. 4,077,244 9,051
* RxSight Inc. 323,611 9,026
* REGENXBIO Inc. 544,327 8,960
* Arcturus Therapeutics Holdings Inc. 344,186 8,794
*,1 Tango Therapeutics Inc. 772,867 8,702
*,1 Point Biopharma Global Inc. 1,292,538 8,621
* Adaptive Biotechnologies Corp. 1,572,359 8,569
* Viridian Therapeutics Inc. 550,664 8,447
* Avid Bioservices Inc. 883,212 8,338
* Treace Medical Concepts Inc. 629,094 8,247
  Atrion Corp. 19,805 8,183
* Enhabit Inc. 726,902 8,178

          Shares Market
Value
($000)
* Travere Therapeutics Inc.    913,964      8,171
* Silk Road Medical Inc.    543,446      8,146
* Health Catalyst Inc.    799,431      8,090
*,1 Disc Medicine Inc.    169,457      7,961
* Cytek Biosciences Inc.  1,439,281      7,945
* Artivion Inc.    514,861      7,805
* Kymera Therapeutics Inc.    549,641      7,640
  HealthStream Inc.    349,379      7,540
* Outset Medical Inc.    691,813      7,527
*,1 Cabaletta Bio Inc.    491,217      7,476
  Mesa Laboratories Inc.     70,974      7,457
* RAPT Therapeutics Inc.    445,545      7,405
* Fulgent Genetics Inc.    276,477      7,393
*,1 Anavex Life Sciences Corp.  1,122,527      7,353
* OrthoPediatrics Corp. 229,786 7,353
* PetIQ Inc. Class A 365,306 7,197
* Kiniksa Pharmaceuticals Ltd. Class A 406,140 7,055
* Paragon 28 Inc. 554,205 6,955
*,1 Tarsus Pharmaceuticals Inc. 391,147 6,951
*,1 Vera Therapeutics Inc. Class A 506,877 6,949
* Surmodics Inc. 214,834 6,894
* BioLife Solutions Inc. 486,775 6,722
*,1 Genelux Corp. 272,618 6,676
* OmniAb Inc. 1,267,941 6,581
* Inhibrx Inc. 355,039 6,515
* Orthofix Medical Inc. 502,165 6,458
* Olema Pharmaceuticals Inc. 510,945 6,310
* DocGo Inc. 1,171,732 6,245
* GoodRx Holdings Inc. Class A 1,107,649 6,236
* OraSure Technologies Inc. 1,049,488 6,223
* Avidity Biosciences Inc. 968,447 6,179
* Castle Biosciences Inc. 356,372 6,019
*,1 Apogee Therapeutics Inc. 281,274 5,991
* Amneal Pharmaceuticals Inc. 1,414,276 5,968
* Harrow Inc. 411,030 5,907
* Alector Inc. 906,536 5,874
* Multiplan Corp. 3,436,365 5,773
* ModivCare Inc. 181,974 5,734
* Pulmonx Corp. 539,485 5,573
* Allogene Therapeutics Inc. 1,745,019 5,532
* 4D Molecular Therapeutics Inc. 433,531 5,519
* Agenus Inc. 4,850,017 5,481
* Marinus Pharmaceuticals Inc. 680,832 5,481
* CareDx Inc. 777,827 5,445
* Evolus Inc. 586,530 5,361
* SomaLogic Inc. 2,222,956 5,313
* Avita Medical Inc. 362,306 5,293
* Caribou Biosciences Inc. 1,107,281 5,293
*,1 Clover Health Investments Corp. Class A 4,881,899 5,272
*,1 WaVe Life Sciences Ltd. 910,633 5,236
* Community Health Systems Inc. 1,799,444 5,218
*,1 Prime Medicine Inc. 545,061 5,200
* Aclaris Therapeutics Inc. 754,762 5,170
* Coherus Biosciences Inc. 1,375,049 5,143
*,1 Theravance Biopharma Inc. 581,436 5,018
*,1 Phathom Pharmaceuticals Inc. 483,096 5,010
* Nurix Therapeutics Inc. 632,066 4,968
* Cullinan Oncology Inc. 546,232 4,943

          Shares Market
Value
($000)
*,1 Sana Biotechnology Inc.  1,257,502      4,867
* Definitive Healthcare Corp. Class A    600,183      4,795
*,1 Aldeyra Therapeutics Inc.    717,628      4,794
* Savara Inc.  1,246,622      4,712
  iRadimed Corp.    105,000      4,659
*,1 Bluebird Bio Inc.  1,513,288      4,600
* Pennant Group Inc.    413,257      4,600
* Liquidia Corp.    724,395      4,593
* ACELYRIN Inc.    451,468      4,591
* Tactile Systems Technology Inc.    324,174      4,555
* Dyne Therapeutics Inc.    502,701      4,504
*,1 Biomea Fusion Inc.    318,030      4,376
* Alpine Immune Sciences Inc.    377,733      4,325
* Cerus Corp.  2,669,126      4,324
* Anika Therapeutics Inc. 230,913 4,302
* Sharecare Inc. 4,569,329 4,297
* AngioDynamics Inc. 585,381 4,279
* American Well Corp. Class A 3,624,814 4,241
*,1 Senseonics Holdings Inc. 7,015,770 4,237
* AnaptysBio Inc. 234,044 4,203
* 23andMe Holding Co. Class A 4,289,997 4,194
* Arcutis Biotherapeutics Inc. 783,478 4,160
* MaxCyte Inc. 1,332,356 4,157
*,1 Enliven Therapeutics Inc. 301,156 4,114
  Utah Medical Products Inc. 47,574 4,091
* uniQure NV 609,574 4,090
* Zimvie Inc. 431,423 4,060
* Icosavax Inc. 522,972 4,053
* KalVista Pharmaceuticals Inc. 418,295 4,028
* Talkspace Inc. 2,048,957 3,995
* Accuray Inc. 1,440,582 3,918
* iTeos Therapeutics Inc. 357,689 3,917
*,1 Entrada Therapeutics Inc. 247,344 3,908
*,1 Orchestra BioMed Holdings Inc. 442,630 3,860
* ORIC Pharmaceuticals Inc. 633,114 3,830
* MacroGenics Inc. 809,323 3,771
* Vanda Pharmaceuticals Inc. 870,631 3,761
*,1 Xeris Biopharma Holdings Inc. 1,988,200 3,698
* Atea Pharmaceuticals Inc. 1,212,939 3,639
* Scholar Rock Holding Corp. 507,860 3,606
* Ocular Therapeutix Inc. 1,146,683 3,601
* Tabula Rasa HealthCare Inc. 348,345 3,591
  Phibro Animal Health Corp. Class A 274,937 3,511
* Praxis Precision Medicines Inc. 2,039,382 3,487
* Edgewise Therapeutics Inc. 606,740 3,477
* Computer Programs & Systems Inc. 217,454 3,466
*,1 Cibus Inc. 187,775 3,421
*,1 ImmunityBio Inc. 2,018,648 3,412
* Arbutus Biopharma Corp. 1,677,547 3,405
*,1 Lineage Cell Therapeutics Inc. 2,814,846 3,322
* Seres Therapeutics Inc. 1,361,249 3,240
* Axogen Inc. 635,046 3,175
* Fulcrum Therapeutics Inc. 708,096 3,144
* Lyell Immunopharma Inc. 2,138,552 3,144
* Enanta Pharmaceuticals Inc. 280,040 3,128
* 2seventy bio Inc. 797,916 3,128
*,1 Assertio Holdings Inc. 1,220,082 3,123
* Agiliti Inc. 480,869 3,121

          Shares Market
Value
($000)
*,1 Scilex Holding Co.  2,193,719      3,071
* Aura Biosciences Inc.    342,033      3,068
* Organogenesis Holdings Inc. Class A    946,908      3,011
* Akebia Therapeutics Inc.  2,602,859      2,967
* Voyager Therapeutics Inc.    381,297      2,955
* HilleVax Inc.    218,140      2,934
*,1 Verastem Inc.    360,608      2,932
*,1 Ovid therapeutics Inc.    756,183      2,904
*,1 ARS Pharmaceuticals Inc.    756,587      2,860
* Inozyme Pharma Inc.    679,651      2,855
* Standard BioTools Inc.    981,154      2,845
*,2 PDL BioPharma Inc.  1,757,467      2,830
  SIGA Technologies Inc.    530,694      2,786
* PMV Pharmaceuticals Inc.    452,312      2,777
* Sutro Biopharma Inc. 794,858 2,758
* Terns Pharmaceuticals Inc. 543,126 2,732
* Generation Bio Co. 718,076 2,722
* Precigen Inc. 1,911,098 2,714
*,1 EyePoint Pharmaceuticals Inc. 337,963 2,700
*,1 Summit Therapeutics Inc. 1,431,680 2,677
* Compass Therapeutics Inc. 1,342,627 2,645
* IGM Biosciences Inc. 316,671 2,644
* AN2 Therapeutics Inc. 164,128 2,639
*,1 Omeros Corp. 897,186 2,620
* Astria Therapeutics Inc. 350,636 2,616
* Rigel Pharmaceuticals Inc. 2,396,416 2,588
* InfuSystem Holdings Inc. 268,032 2,584
* Y-mAbs Therapeutics Inc. 467,252 2,547
*,1 Tyra Biosciences Inc. 183,218 2,523
*,1 Butterfly Network Inc. 2,126,961 2,510
*,1 Janux Therapeutics Inc. 247,042 2,490
*,1 Zynex Inc. 306,075 2,449
*,1 Merrimack Pharmaceuticals Inc. 198,199 2,444
* Fate Therapeutics Inc. 1,152,017 2,442
* Nuvation Bio Inc. 1,782,922 2,389
*,1 Gossamer Bio Inc. 2,866,985 2,388
* Eagle Pharmaceuticals Inc. 150,918 2,380
*,1 CorMedix Inc. 639,182 2,365
* CVRx Inc. 155,497 2,359
* Allakos Inc. 1,009,952 2,293
* Augmedix Inc. 444,783 2,291
* Harvard Bioscience Inc. 524,232 2,254
*,1 Zomedica Corp. 13,318,083 2,225
* Humacyte Inc. 757,718 2,220
* LifeMD Inc. 353,892 2,212
* CareMax Inc. 1,028,756 2,181
* Emergent BioSolutions Inc. 636,518 2,164
*,1 Zevra Therapeutics Inc. 445,705 2,148
*,1 Reneo Pharmaceuticals Inc. 278,541 2,121
*,1 Actinium Pharmaceuticals Inc. 356,801 2,112
*,1 PDS Biotechnology Corp. 413,644 2,089
* Nautilus Biotechnology Inc. Class A 654,149 2,067
*,1 Immuneering Corp. Class A 266,009 2,043
*,1 Invitae Corp. 3,368,732 2,039
* Acumen Pharmaceuticals Inc. 489,172 2,030
* Karyopharm Therapeutics Inc. 1,514,162 2,029
*,1 ProKidney Corp. Class A 442,096 2,025
* Aerovate Therapeutics Inc. 148,447 2,014

          Shares Market
Value
($000)
* Black Diamond Therapeutics Inc.    697,691      2,002
*,1 Quantum-Si Inc.  1,202,081      1,995
* Atara Biotherapeutics Inc.  1,340,523      1,984
* Monte Rosa Therapeutics Inc.    407,475      1,952
* OptimizeRx Corp.    247,129      1,923
* Erasca Inc.    969,736      1,910
* Mersana Therapeutics Inc.  1,496,337      1,900
* Semler Scientific Inc.     73,885      1,874
* Joint Corp.    206,277      1,854
* Adverum Biotechnologies Inc.  1,225,295      1,838
* Gritstone bio Inc.  1,055,881      1,816
* Tela Bio Inc.    226,799      1,814
*,1 scPharmaceuticals Inc.    253,073      1,802
*,1 Selecta Biosciences Inc.  1,696,040      1,798
* Poseida Therapeutics Inc. Class A 748,513 1,781
* Inogen Inc. 331,291 1,729
*,1 Mind Medicine MindMed Inc. 551,691 1,727
*,1 Taysha Gene Therapies Inc. 545,059 1,722
* Codexis Inc. 905,512 1,711
* X4 Pharmaceuticals Inc. 1,539,315 1,678
* Soleno Therapeutics Inc. 54,951 1,622
* Altimmune Inc. 621,625 1,616
* Larimar Therapeutics Inc. 408,667 1,614
*,1 Heron Therapeutics Inc. 1,565,635 1,613
* Nektar Therapeutics Class A 2,676,857 1,594
*,1 Bioventus Inc. Class A 477,735 1,577
* Applied Therapeutics Inc. 627,081 1,561
* Lexicon Pharmaceuticals Inc. 1,420,383 1,548
* Mineralys Therapeutics Inc. 161,668 1,537
* Cutera Inc. 255,224 1,536
* ClearPoint Neuro Inc. 292,601 1,466
*,1 Innovage Holding Corp. 243,699 1,460
1 Carisma Therapeutics Inc. 342,628 1,449
* Puma Biotechnology Inc. 541,010 1,423
* Allovir Inc. 659,563 1,418
*,1 Stoke Therapeutics Inc. 354,705 1,398
* FONAR Corp. 90,135 1,388
* XOMA Corp. 97,982 1,381
*,1 Celcuity Inc. 150,761 1,378
* Ikena Oncology Inc. 318,152 1,378
* ALX Oncology Holdings Inc. 285,123 1,369
* Hyperfine Inc. Class A 661,431 1,356
*,1 Bionano Genomics Inc. 447,658 1,356
* Lyra Therapeutics Inc. 343,802 1,344
* KORU Medical Systems Inc. 497,040 1,342
* Annexon Inc. 567,390 1,339
*,1 Vaxart Inc. 1,768,943 1,334
* Apyx Medical Corp. 413,692 1,324
*,1 Citius Pharmaceuticals Inc. 1,925,707 1,318
*,1 Foghorn Therapeutics Inc. 263,568 1,318
* Inovio Pharmaceuticals Inc. 3,354,371 1,305
* Cue Biopharma Inc. 563,718 1,297
* Tenaya Therapeutics Inc. 504,964 1,288
*,1 Galectin Therapeutics Inc. 670,160 1,287
*,1 Eton Pharmaceuticals Inc. 307,580 1,283
* Anixa Biosciences Inc. 390,674 1,278
*,1 Invivyd Inc. 747,479 1,271
*,1 T2 Biosystems Inc. 5,755,900 1,271

          Shares Market
Value
($000)
*,1 MediciNova Inc.    601,244      1,257
* Chimerix Inc.  1,308,906      1,256
* TScan Therapeutics Inc.    484,391      1,240
*,1 Zura Bio Ltd. Class A    187,800      1,239
*,1 Sagimet Biosciences Inc. Class A    140,815      1,239
* Longboard Pharmaceuticals Inc.    221,401      1,231
*,1 Atossa Therapeutics Inc.  1,664,345      1,226
*,1 Ocugen Inc.  3,064,568      1,226
*,1 CytomX Therapeutics Inc.    946,563      1,221
* Sight Sciences Inc.    359,874      1,213
*,1 NanoString Technologies Inc.    679,551      1,169
* Capricor Therapeutics Inc.    341,357      1,167
* Optinose Inc.    945,609      1,163
*,1 Renovaro Biosciences Inc.    259,627      1,161
* Esperion Therapeutics Inc. 1,170,476 1,147
*,1 Biote Corp. Class A 222,893 1,141
* Akoya Biosciences Inc. 244,280 1,136
*,1 Inmune Bio Inc. 165,874 1,135
* Sanara Medtech Inc. 36,270 1,129
* Sangamo Therapeutics Inc. 1,876,120 1,125
* Seer Inc. Class A 500,174 1,105
* Cara Therapeutics Inc. 645,753 1,085
* ChromaDex Corp. 743,337 1,085
*,1 Reviva Pharmaceuticals Holdings Inc. 221,249 1,080
* C4 Therapeutics Inc. 579,975 1,079
* NeuroPace Inc. 110,932 1,079
* Trevi Therapeutics Inc. 493,328 1,075
* Vor BioPharma Inc. 504,670 1,070
* CytoSorbents Corp. 568,233 1,068
* Relmada Therapeutics Inc. 352,855 1,059
* SCYNEXIS Inc. 464,376 1,059
* Immunome Inc. 126,621 1,057
* Aadi Bioscience Inc. 217,702 1,054
* FibroGen Inc. 1,214,955 1,048
*,1 AEON Biopharma Inc. 186,449 1,044
* aTyr Pharma Inc. 659,358 1,042
*,1 Verrica Pharmaceuticals Inc. 263,323 1,023
* Electromed Inc. 98,146 1,020
* Stereotaxis Inc. 638,803 1,009
* Acrivon Therapeutics Inc. 105,537 1,009
* Abeona Therapeutics Inc. 239,311 1,008
*,1 Achieve Life Sciences Inc. 228,381 982
* GlycoMimetics Inc. 651,187 977
*,1 DarioHealth Corp. 293,940 964
* PhenomeX Inc. 958,676 957
* Design Therapeutics Inc. 399,505 943
* Cidara Therapeutics Inc. 993,436 936
* BioAtla Inc. 545,526 927
* Third Harmonic Bio Inc. 144,640 924
*,1 Vigil Neuroscience Inc. 170,238 918
*,1 XBiotech Inc. 222,303 916
* Athira Pharma Inc. 452,018 913
* Kezar Life Sciences Inc. 764,730 910
*,1 AirSculpt Technologies Inc. 132,658 907
*,1 Ocuphire Pharma Inc. 263,683 883
* Absci Corp. 665,968 879
* GeneDx Holdings Corp. Class A 241,389 879
*,1 Pulse Biosciences Inc. 217,288 876

          Shares Market
Value
($000)
* Enzo Biochem Inc.    618,343        866
*,1 Asensus Surgical Inc.  3,205,099        865
*,1 Beyond Air Inc.    369,793        854
* G1 Therapeutics Inc.    583,255        840
* Aquestive Therapeutics Inc.    548,124        839
*,1 Avrobio Inc.    537,481        828
* Kodiak Sciences Inc.    458,129        825
*,1 Rallybio Corp.    244,445        824
* Cardiff Oncology Inc.    590,707        821
*,1 Inotiv Inc.    265,509        818
* Jasper Therapeutics Inc.  1,160,011        812
*,1 Durect Corp.    319,271        795
*,1 Vaxxinity Inc. Class A    562,125        770
*,1 Annovis Bio Inc.     80,474        764
*,1 ProPhase Labs Inc. 173,884 760
*,1 Pyxis Oncology Inc. 373,973 744
* Talaris Therapeutics Inc. 264,466 743
* Perspective Therapeutics Inc. 2,710,365 742
* Great Elm Group Inc. 346,113 741
*,1 CEL - SCI Corp. 591,633 740
*,1 Immunic Inc. 502,478 739
*,1 Nuvectis Pharma Inc. 57,030 735
*,1 SmileDirectClub Inc. Class A 1,762,481 731
* Kronos Bio Inc. 553,029 719
*,1 Delcath Systems Inc. 174,066 705
*,1 Spero Therapeutics Inc. 582,090 704
* Cano Health Inc. 2,776,322 704
*,1 Bioxcel Therapeutics Inc. 275,722 698
* PepGen Inc. 137,095 696
* Aveanna Healthcare Holdings Inc. 573,124 682
* Eyenovia Inc. 407,168 676
* Rezolute Inc. 512,314 676
* iCAD Inc. 319,228 674
*,1 Theseus Pharmaceuticals Inc. 241,475 650
* Personalis Inc. 534,786 647
*,1 Syros Pharmaceuticals Inc. 160,576 634
* Graphite Bio Inc. 254,807 632
* Homology Medicines Inc. 535,943 627
* Biodesix Inc. 380,006 627
* Corvus Pharmaceuticals Inc. 428,240 625
* Streamline Health Solutions Inc. 630,999 610
* Clearside Biomedical Inc. 697,789 607
* DiaMedica Therapeutics Inc. 234,420 605
* NGM Biopharmaceuticals Inc. 560,237 599
* Century Therapeutics Inc. 299,597 599
* Adicet Bio Inc. 433,904 594
* Milestone Scientific Inc. 644,153 593
*,1 SELLAS Life Sciences Group Inc. 361,802 593
* Nkarta Inc. 423,359 588
* Shattuck Labs Inc. 386,621 588
* Oncology Institute Inc. 416,082 583
*,1 Carmell Corp. 161,815 583
* Sensus Healthcare Inc. 207,423 575
*,1 Vistagen Therapeutics Inc. 108,966 571
* enVVeno Medical Corp. 104,365 563
*,1 Omega Therapeutics Inc. 261,194 562
*,1 Nutex Health Inc. 2,709,789 549
* Neuronetics Inc. 403,878 545

          Shares Market
Value
($000)
* Cue Health Inc.  1,223,161        541
*,1 DermTech Inc.    369,368        532
* Prelude Therapeutics Inc.    169,409        523
*,1 Forian Inc.    229,226        523
*,1 P3 Health Partners Inc.    355,045        522
* MEI Pharma Inc.     73,294        514
* Minerva Neurosciences Inc.     74,257        512
*,1 BioVie Inc. Class A    147,637        503
*,1 Greenwich Lifesciences Inc.     54,752        484
* Co-Diagnostics Inc.    444,776        471
*,1 UNITY Biotechnology Inc.    194,785        467
* Dianthus Therapeutics Inc.     34,116        466
* Assembly Biosciences Inc.    520,711        461
*,1 Sonida Senior Living Inc.     48,661        437
* Dare Bioscience Inc. 942,149 435
*,1 Accelerate Diagnostics Inc. 72,985 420
* Societal CDMO Inc. 890,262 418
* Corbus Pharmaceuticals Holdings Inc. 62,059 418
* IRIDEX Corp. 164,113 417
* LENSAR Inc. 133,235 412
*,1 Spruce Biosciences Inc. 181,711 411
* Champions Oncology Inc. 65,914 410
*,1 Alaunos Therapeutics Inc. 3,070,777 405
* Cyteir Therapeutics Inc. 142,477 405
*,1 Marker Therapeutics Inc. 87,137 401
*,1 Aeglea BioTherapeutics Inc. 32,449 398
*,1 Ocean Biomedical Inc. 100,915 394
*,1 Sientra Inc. 139,870 389
*,1 Bright Green Corp. 968,476 383
* Kewaunee Scientific Corp. 21,503 381
* Neoleukin Therapeutics Inc. 95,767 378
*,1 Novo Integrated Sciences Inc. 1,261,880 376
* Instil Bio Inc. 874,673 374
*,1 VolitionRX Ltd. 528,726 364
*,1 TherapeuticsMD Inc. 119,900 362
*,1 Rockwell Medical Inc. 170,711 355
* Exagen Inc. 141,951 348
*,1 Outlook Therapeutics Inc. 1,571,699 347
* Curis Inc. 52,701 347
* PAVmed Inc. 1,175,339 346
*,1 Aspira Women's Health Inc. 64,541 346
  Psychemedics Corp. 85,736 340
* Lantern Pharma Inc. 99,265 338
*,1 BioSig Technologies Inc. 687,882 337
* ImmuCell Corp. 65,129 336
* Sonendo Inc. 442,837 330
* Vicarious Surgical Inc. Class A 551,719 326
* Werewolf Therapeutics Inc. 151,562 324
* Eliem Therapeutics Inc. 118,418 313
* Xilio Therapeutics Inc. 147,846 312
*,1 Pro-Dex Inc. 19,636 308
* Matinas BioPharma Holdings Inc. 2,355,325 306
*,1 Miromatrix Medical Inc. 252,883 306
* ElectroCore Inc. 50,273 305
* RayzeBio Inc. 13,733 305
* Kinnate Biopharma Inc. 215,647 302
*,1 Seelos Therapeutics Inc. 1,634,216 301
*,1 Quince Therapeutics Inc. 265,538 297

          Shares Market
Value
($000)
*,1 Owlet Inc.     65,981        296
* Retractable Technologies Inc.    246,784        294
*,1 Checkpoint Therapeutics Inc.    172,212        293
* Fortress Biotech Inc.  1,003,004        291
* Precision BioSciences Inc.    851,883        291
* Passage Bio Inc.    439,575        289
* Science 37 Holdings Inc.    710,569        284
* AIM ImmunoTech Inc.    620,229        282
* Viracta Therapeutics Inc.    269,120        280
* Sera Prognostics Inc. Class A    149,775        279
*,1 Alzamend Neuro Inc.  1,178,178        279
* ARCA biopharma Inc.    138,369        278
* Eledon Pharmaceuticals Inc.    201,259        276
*,1 Cognition Therapeutics Inc.    189,078        272
*,1 Hepion Pharmaceuticals Inc. 54,538 272
*,1 Biora Therapeutics Inc. 123,718 268
* Dyadic International Inc. 138,185 265
*,1 Armata Pharmaceuticals Inc. 87,005 261
*,1 Femasys Inc. 87,623 261
* NextCure Inc. 201,781 260
*,1 Pieris Pharmaceuticals Inc. 872,701 260
*,1 Evelo Biosciences Inc. 65,716 258
*,1 Oncocyte Corp. 77,215 253
* Singular Genomics Systems Inc. 649,099 247
* Hookipa Pharma Inc. 395,449 244
*,1 MyMD Pharmaceuticals Inc. 410,666 243
*,1 Rani Therapeutics Holdings Inc. Class A 110,975 241
* HeartBeam Inc. 111,667 240
* Molecular Templates Inc. 37,770 239
*,1 Genprex Inc. 598,971 237
* Clene Inc. 477,286 237
* Protara Therapeutics Inc. 140,668 235
*,1 KALA BIO Inc. 26,296 234
* Celularity Inc. Class A 1,048,676 233
* Onconova Therapeutics Inc. 321,970 232
* Xtant Medical Holdings Inc. 206,388 227
*,1 IGC Pharma Inc. 630,222 226
*,1 SAB Biotherapeutics Inc. 356,201 224
*,1 Predictive Oncology Inc. 69,881 224
*,1 Lipocine Inc. 74,283 218
*,1 Rain Oncology Inc. 250,603 216
*,1 Applied DNA Sciences Inc. 173,534 213
*,1 Cosmos Health Inc. 134,834 212
*,1 NanoViricides Inc. 154,515 207
* Alpha Teknova Inc. 73,641 205
* Aligos Therapeutics Inc. 273,031 204
*,1 IN8bio Inc. 190,350 198
* Vivani Medical Inc. 191,794 196
*,1 Gain Therapeutics Inc. 60,765 196
* Acutus Medical Inc. 278,220 194
* Moleculin Biotech Inc. 454,705 194
*,1 Virios Therapeutics Inc. 208,883 193
*,1 Biotricity Inc. 92,080 192
* Oncternal Therapeutics Inc. 621,232 188
* Dominari Holdings Inc. 77,816 188
*,1 NightHawk Biosciences Inc. 352,600 186
*,1 Alimera Sciences Inc. 59,292 184
* Orgenesis Inc. 300,650 183

          Shares Market
Value
($000)
*,1 Cellectar Biosciences Inc.     69,393        183
* Elicio Therapeutics Inc.     21,640        183
*,1 Immix Biopharma Inc.     53,231        182
* Equillium Inc.    242,412        179
* Vincerx Pharma Inc.    173,353        179
* Myomo Inc.    159,184        177
* AgeX Therapeutics Inc.    259,263        176
*,1 VYNE Therapeutics Inc.     43,891        176
*,1 Palatin Technologies Inc.    115,668        175
*,1 Regulus Therapeutics Inc.    120,341        166
*,1 Eiger BioPharmaceuticals Inc.    540,723        165
* Frequency Therapeutics Inc.    448,505        164
* Bolt Biotherapeutics Inc.    157,452        164
* American Shared Hospital Services     65,071        161
*,1 Vapotherm Inc. 63,513 161
* Cumberland Pharmaceuticals Inc. 83,119 157
*,1 Journey Medical Corp. 56,944 156
*,1 NeuroOne Medical Technologies Corp. 171,030 152
* PharmaCyte Biotech Inc. 72,505 152
* Acorda Therapeutics Inc. 10,434 152
*,1 Longeveron Inc. Class A 65,090 151
*,1 Galecto Inc. 208,789 150
* Cyclo Therapeutics Inc. 105,220 149
*,1 GeoVax Labs Inc. 288,573 148
* Solid Biosciences Inc. 58,895 148
*,1 Acer Therapeutics Inc. 177,524 147
* Microbot Medical Inc. 104,821 146
*,1 vTv Therapeutics Inc. Class A 305,107 146
* Mustang Bio Inc. 71,434 146
* Leap Therapeutics Inc. 105,763 146
* Biomerica Inc. 168,196 144
* Cocrystal Pharma Inc. 76,721 143
  Kineta Inc. 41,582 142
* Strata Skin Sciences Inc. 235,454 140
* AquaBounty Technologies Inc. 580,668 139
* Lumos Pharma Inc. 42,183 139
* ATI Physical Therapy Inc. 15,662 139
* CareCloud Inc. 119,857 138
* Elevation Oncology Inc. 201,738 134
*,1 Surrozen Inc. 271,911 133
* Ekso Bionics Holdings Inc. 179,455 132
*,1 Axcella Health Inc. 12,611 132
* Turnstone Biologics Corp. 33,219 131
*,1 Organovo Holdings Inc. 104,510 128
*,1 Avinger Inc. 23,802 128
* Candel Therapeutics Inc. 134,169 125
* Harpoon Therapeutics Inc. 30,893 124
* Rapid Micro Biosystems Inc. Class A 113,865 123
* Lisata Therapeutics Inc. 56,770 119
*,1 Athersys Inc. 272,713 118
*,1 NRX Pharmaceuticals Inc. 448,671 117
*,1,2 UpHealth Inc. 118,970 117
* Synlogic Inc. 41,614 117
*,1 Telesis Bio Inc. 110,770 115
* Timber Pharmaceuticals Inc. 38,687 115
*,1 PetVivo Holdings Inc. 59,855 109
*,1 Helius Medical Technologies Inc. Class A 11,363 108
*,1 Nutriband Inc. 43,254 106

          Shares Market
Value
($000)
*,1 Neumora Therapeutics Inc.      7,534        106
*,1 Theriva Biologics Inc.    194,494        105
*,1 Atreca Inc. Class A    393,228        103
* Cohbar Inc.     33,293        103
* MiNK Therapeutics Inc.     85,953        101
*,1 Akumin Inc.    695,610        101
  Catalyst Biosciences Inc.    206,900        100
* Forte Biosciences Inc.    149,084         99
*,1 Unicycive Therapeutics Inc.    115,057         99
*,1 Senti Biosciences Inc. Class A    232,999         99
* Precipio Inc.     17,645         99
*,1 Eargo Inc.     43,485         96
* Eloxx Pharmaceuticals Inc.     19,993         95
*,1 Coeptis Therapeutics Holdings     81,672         95
* TFF Pharmaceuticals Inc. 268,770 94
*,1 Star Equity Holdings Inc. 93,072 93
*,1 CervoMed Inc. 19,318 92
*,1 Aprea Therapeutics Inc. 21,215 89
*,1 Cingulate Inc. 123,016 87
*,1 Creative Medical Technology Holdings Inc. 17,629 87
* ProSomnus Inc. 75,903 83
*,1 Elutia Inc. 57,608 82
* BioCardia Inc. 189,240 81
*,1 BrainStorm Cell Therapeutics Inc. 401,014 80
* Cyclerion Therapeutics Inc. 23,490 80
*,1 Galera Therapeutics Inc. 448,330 79
*,1 NeuroMetrix Inc. 111,851 79
* Sensei Biotherapeutics Inc. 97,704 73
* Talis Biomedical Corp. 12,452 72
* HCW Biologics Inc. 37,228 71
* RenovoRx Inc. 56,578 71
* Anebulo Pharmaceuticals Inc. 22,344 71
* SunLink Health Systems Inc. 83,942 67
* GT Biopharma Inc. 276,175 67
*,1 Better Therapeutics Inc. 173,854 67
*,1 Edesa Biotech Inc. 106,361 66
* Cryo-Cell International Inc. 11,647 61
* Aileron Therapeutics Inc. 39,934 60
*,1 Know Labs Inc. 239,196 60
* Protagenic Therapeutics Inc. 31,781 60
* Indaptus Therapeutics Inc. 21,551 59
*,1 Hoth Therapeutics Inc. 38,804 59
*,1 Bellerophon Therapeutics Inc. 142,168 57
* eFFECTOR Therapeutics Inc. 94,449 57
*,1 Eterna Therapeutics Inc. 24,898 56
*,1 NanoVibronix Inc. 28,416 56
*,1 Lipella Pharmaceuticals Inc. 34,520 55
* Akili Inc. Class A 99,771 55
*,1 Tonix Pharmaceuticals Holding Corp. 100,843 55
*,1 Coya Therapeutics Inc. 14,204 55
*,1 Aditxt Inc. 4,363 54
*,1 Petros Pharmaceuticals Inc. 31,811 53
*,1 Biofrontera Inc. 6,047 53
*,1 Virpax Pharmaceuticals Inc. 65,145 52
*,1 Nexgel Inc. 24,544 52
*,1 Bullfrog AI Holdings Inc. 16,055 52
*,1 Clever Leaves Holdings Inc. 14,715 51
*,1 Vivos Therapeutics Inc. 261,932 50

          Shares Market
Value
($000)
*,1 iBio Inc.    165,747         50
*,1 Kintara Therapeutics Inc.     12,455         50
*,1 Jaguar Health Inc.    192,335         50
* Acurx Pharmaceuticals Inc.     34,477         49
* Tempest Therapeutics Inc.    154,153         48
*,1 ThermoGenesis Holdings Inc.     35,419         48
*,1 Tracon Pharmaceuticals Inc.    262,772         47
* Xenetic Biosciences Inc.      9,699         47
* Lucid Diagnostics Inc.     39,300         46
* Imunon Inc.     46,782         45
*,1 Aethlon Medical Inc.    190,657         44
* Pulmatrix Inc.     21,534         44
*,1 Motus GI Holdings Inc.     95,926         44
*,1 ENDRA Life Sciences Inc.     38,939         44
*,1 Precision Optics Corp. Inc. 7,169 44
*,1 VBI Vaccines Inc. 64,522 43
*,1 Aravive Inc. 315,214 42
*,1 Enveric Biosciences Inc. 18,015 42
*,1 Trevena Inc. 70,476 42
*,1 Sonnet BioTherapeutics Holdings Inc. 14,626 42
*,1 Nemaura Medical Inc. 126,682 41
*,1 Impel Pharmaceuticals Inc. 96,137 41
* Evoke Pharma Inc. 29,851 41
*,1 Bio-Path Holdings Inc. 108,929 40
*,1 Palisade Bio Inc. 68,054 40
*,1 Windtree Therapeutics Inc. 41,640 40
*,1 Titan Pharmaceuticals Inc. 82,051 38
*,1 Finch Therapeutics Group Inc. 7,411 38
*,1 Phio Pharmaceuticals Corp. 24,380 37
* Applied Molecular Transport Inc. 222,651 35
* Blue Water Biotech Inc. 67,913 35
* Nuwellis Inc. 24,197 35
*,1 Aytu BioPharma Inc. 12,973 35
* Seqll Inc. 2,300 35
* InVivo Therapeutics Holdings Corp. 28,938 34
*,1 Regional Health Properties Inc. 15,261 33
*,1 Lexaria Bioscience Corp. 33,329 33
*,1 NeuroBo Pharmaceuticals Inc. 69,589 33
*,1 Avenue Therapeutics Inc. 46,293 33
*,1 LogicMark Inc. 18,939 33
*,1 AcelRx Pharmaceuticals Inc. 54,386 32
* Venus Concept Inc. 15,638 32
*,1 Aptevo Therapeutics Inc. 91,725 30
* Cyclacel Pharmaceuticals Inc. 86,949 30
* BioRestorative Therapies Inc. 16,772 30
*,1 Context Therapeutics Inc. 20,091 30
*,1 SiNtx Technologies Inc. 38,309 30
*,1 180 Life Sciences Corp. 47,852 29
*,1 GRI Bio Inc. 18,539 29
*,1 CNS Pharmaceuticals Inc. 23,765 27
*,1 Innovative Eyewear Inc. 47,233 27
* Monopar Therapeutics Inc. 45,167 26
* Navidea Biopharmaceuticals Inc. 276,491 25
*,1 Exicure Inc. 35,118 25
*,1 bioAffinity Technologies Inc. 20,000 24
*,1 Silo Pharma Inc. 14,504 24
*,1 Qualigen Therapeutics Inc. 22,827 23
* iSpecimen Inc. 35,987 22

          Shares Market
Value
($000)
* Fresh Tracks Therapeutics Inc.     23,060         22
* Cardio Diagnostics Holdings Inc.     64,022         22
*,1 Plus Therapeutics Inc.     16,197         22
* Agile Therapeutics Inc.      9,025         22
*,1 Adial Pharmaceuticals Inc.      8,134         22
*,1 SCWorx Corp.    103,826         21
* Oragenics Inc.      7,133         21
* Ensysce Biosciences Inc.     15,419         21
*,1 DMK Pharmaceuticals Corp.     30,090         21
*,1 RVL Pharmaceuticals plc    224,896         19
*,1 NexImmune Inc.     97,320         19
*,1 MSP Recovery Inc.     88,633         19
*,1 TRxADE HEALTH Inc.      2,643         19
*,1 ABVC BioPharma Inc.     18,321         19
*,1 Baudax Bio Inc. 48,300 18
*,1 Ontrak Inc. 20,311 18
*,1 ReShape Lifesciences Inc. 49,874 17
*,1 NeuBase Therapeutics Inc. 18,981 17
*,1 Benitec Biopharma Inc. 5,701 17
*,1 PaxMedica Inc. 54,959 16
* Healthcare Triangle Inc. 4,111 16
*,1 OpGen Inc. 36,701 15
*,1 Soligenix Inc. 26,765 15
*,1,2 Aceragen Inc. 39,478 15
*,1 Comera Life Sciences Holdings Inc. 44,098 14
*,1 Vaccinex Inc. 12,588 14
*,1 Yield10 Bioscience Inc. 40,451 13
*,1 cbdMD Inc. 13,042 13
* Processa Pharmaceuticals Inc. 46,013 12
* Dynatronics Corp. 16,074 12
*,1 Avalo Therapeutics Inc. 72,041 9
*,1 Salarius Pharmaceuticals Inc. 14,263 9
*,1 ContraFect Corp. 16,304 9
*,1 Landos Biopharma Inc. 2,399 9
*,1 Inhibikase Therapeutics Inc. 6,241 9
*,1 Synaptogenix Inc. 17,391 8
*,1 Kiora Pharmaceuticals Inc. 10,503 6
*,1 Intelligent Bio Solutions Inc. Class A 5,798 6
* Ainos Inc. 9,831 6
*,1 Biocept Inc. 4,434 6
*,1 First Wave BioPharma Inc. 16,478 5
*,1 Panbela Therapeutics Inc. 4,249 5
*,1 NovaBay Pharmaceuticals Inc. 9,913 4
* Sharps Technology Inc. 7,356 4
*,1 Imac Holdings Inc. 2,089 4
*,1 INVO BioScience Inc. 5,277 4
*,1 Sonoma Pharmaceuticals Inc. 3,818 3
*,1 Minerva Surgical Inc. 19,180 3
*,1 SeaStar Medical Holding Corp. 9,979 3
*,1 Tenax Therapeutics Inc. 8,691 3
* Revelation Biosciences Inc. 4,900 3
*,1 Bluejay Diagnostics Inc. 794 3
* ZyVersa Therapeutics Inc. 17,194 2
* Biolase Inc. 925 2
* Tenon Medical Inc. 3,534 1
*,1 Tharimmune Inc. 4,719 1
*,1 Aclarion Inc. 1,800 1
*,1,2 MYOS Corp. 69,110 1

          Shares Market
Value
($000)
* Modular Medical Inc.        406         —
*,2 OmniAb Inc. 12.5 Earnout     83,004         —
*,2 OmniAb Inc. 15 Earnout     83,004         —
* Heart Test Laboratories Inc.        100         —
            10,222,274
Industrials (18.3%)
* Uber Technologies Inc. 28,616,181  1,316,058
  Ferguson plc  2,843,648    467,695
  Hubbell Inc. Class B    747,555    234,291
* Builders FirstSource Inc.  1,741,332    216,778
  Booz Allen Hamilton Holding Corp. Class A  1,829,240    199,881
  TransUnion  2,698,406    193,719
  Vertiv Holdings Co. Class A  4,902,641    182,378
  Carlisle Cos. Inc.    700,793    181,688
  Watsco Inc. 467,655 176,643
  Graco Inc. 2,351,103 171,348
  Owens Corning 1,255,679 171,287
  Lennox International Inc. 447,029 167,386
  CNH Industrial NV 13,555,083 164,017
  AECOM 1,930,205 160,284
  RB Global Inc. 2,545,216 159,076
  SS&C Technologies Holdings Inc. 2,997,109 157,468
* Saia Inc. 370,762 147,804
  Lincoln Electric Holdings Inc. 798,852 145,223
  EMCOR Group Inc. 655,852 137,985
  Regal Rexnord Corp. 924,743 132,127
  nVent Electric plc 2,317,352 122,797
* XPO Inc. 1,620,024 120,951
  Toro Co. 1,450,425 120,530
* Clean Harbors Inc. 700,860 117,296
  HEICO Corp. Class A 899,065 116,177
* WillScot Mobile Mini Holdings Corp. 2,760,792 114,821
  Knight-Swift Transportation Holdings Inc. Class A 2,258,721 113,275
  Tetra Tech Inc. 739,507 112,427
  ITT Inc. 1,138,344 111,455
  Fortune Brands Innovations Inc. 1,785,651 110,996
  KBR Inc. 1,880,042 110,810
  Advanced Drainage Systems Inc. 972,382 110,686
  HEICO Corp. 681,573 110,367
* Paylocity Holding Corp. 601,608 109,312
  Curtiss-Wright Corp. 534,030 104,472
  Woodward Inc. 837,998 104,130
* SiteOne Landscape Supply Inc. 629,515 102,894
  AGCO Corp. 866,773 102,522
  Donaldson Co. Inc. 1,687,043 100,615
* CACI International Inc. Class A 318,180 99,886
* Chart Industries Inc. 588,394 99,509
* GXO Logistics Inc. 1,657,413 97,207
* Middleby Corp. 746,487 95,550
  BWX Technologies Inc. 1,272,156 95,386
* RBC Bearings Inc. 406,402 95,151
* Trex Co. Inc. 1,518,935 93,612
  WESCO International Inc. 620,833 89,288
  Simpson Manufacturing Co. Inc. 590,372 88,444
  Landstar System Inc. 497,918 88,102
  UFP Industries Inc. 855,026 87,555
  Oshkosh Corp. 909,176 86,763
  Comfort Systems USA Inc. 501,368 85,438

          Shares Market
Value
($000)
* FTI Consulting Inc.    474,534     84,662
  Genpact Ltd.  2,328,831     84,304
  Applied Industrial Technologies Inc.    534,554     82,647
  MSA Safety Inc.    513,371     80,933
  Sensata Technologies Holding plc  2,124,499     80,349
  Science Applications International Corp.    748,071     78,951
* Atkore Inc.    525,065     78,334
  Hexcel Corp.  1,175,442     76,568
  Acuity Brands Inc.    435,578     74,183
* Fluor Corp.  2,010,926     73,801
* API Group Corp.  2,840,087     73,643
  Allison Transmission Holdings Inc.  1,237,830     73,106
  Flowserve Corp.  1,829,584     72,763
  U-Haul Holding Co. (XNYS)  1,377,821     72,184
  Valmont Industries Inc. 293,516 70,506
* Kirby Corp. 832,043 68,893
  Ryder System Inc. 632,733 67,671
  Timken Co. 914,122 67,179
  Watts Water Technologies Inc. Class A 383,720 66,315
* ExlService Holdings Inc. 2,326,028 65,222
  MSC Industrial Direct Co. Inc. Class A 660,646 64,842
  Maximus Inc. 848,410 63,359
* AZEK Co. Inc. Class A 2,099,679 62,444
* MasTec Inc. 849,404 61,132
  Crane Co. 684,733 60,832
  Exponent Inc. 706,889 60,510
* Casella Waste Systems Inc. Class A 789,915 60,271
  Mueller Industries Inc. 799,024 60,055
*,1 Plug Power Inc. 7,561,556 57,468
* Beacon Roofing Supply Inc. 740,892 57,175
* Stericycle Inc. 1,273,384 56,933
  Air Lease Corp. Class A 1,444,457 56,926
  Boise Cascade Co. 550,948 56,770
  Esab Corp. 791,161 55,555
  MDU Resources Group Inc. 2,812,201 55,063
  Zurn Elkay Water Solutions Corp. 1,961,660 54,966
* ASGN Inc. 667,511 54,522
  Terex Corp. 942,923 54,331
  GATX Corp. 498,095 54,208
  EnerSys 572,343 54,184
*,1 TriNet Group Inc. 464,236 54,074
  AAON Inc. 948,025 53,914
* SPX Technologies Inc. 635,348 51,717
  Federal Signal Corp. 849,767 50,757
* Avis Budget Group Inc. 279,350 50,196
  Franklin Electric Co. Inc. 561,716 50,122
* Lyft Inc. Class A 4,750,217 50,067
  ManpowerGroup Inc. 682,512 50,042
  FTAI Aviation Ltd. 1,402,886 49,873
  Insperity Inc. 500,177 48,817
  Arcosa Inc. 676,385 48,632
  Concentrix Corp. 604,919 48,460
  Brink's Co. 651,459 47,322
  Herc Holdings Inc. 395,974 47,097
  John Bean Technologies Corp. 443,633 46,644
  Moog Inc. Class A 402,657 45,484
  Armstrong World Industries Inc. 614,849 44,269
* Verra Mobility Corp. Class A 2,358,190 44,098

          Shares Market
Value
($000)
  Matson Inc.    495,146     43,929
* Array Technologies Inc.  1,964,647     43,596
* Shoals Technologies Group Inc. Class A  2,379,021     43,417
* Core & Main Inc. Class A  1,478,007     42,641
  Encore Wire Corp.    229,837     41,936
* Clarivate plc  6,155,407     41,303
  Hillenbrand Inc.    969,406     41,016
* AeroVironment Inc.    367,473     40,984
* Bloom Energy Corp. Class A  2,948,631     39,099
* Sunrun Inc.  3,068,372     38,539
  CSW Industrials Inc.    218,890     38,358
  ESCO Technologies Inc.    363,125     37,925
  Albany International Corp. Class A    438,643     37,846
  Kadant Inc.    164,938     37,202
* Dycom Industries Inc. 412,529 36,715
  ABM Industries Inc. 914,604 36,593
* CBIZ Inc. 703,720 36,523
* Alight Inc. Class A 5,085,076 36,053
  Korn Ferry 759,298 36,021
* GMS Inc. 557,926 35,691
  Brady Corp. Class A 646,724 35,518
  EnPro Industries Inc. 291,850 35,369
  McGrath RentCorp 346,580 34,741
  Werner Enterprises Inc. 891,733 34,733
  ArcBest Corp. 338,136 34,372
* Hub Group Inc. Class A 437,285 34,344
  UniFirst Corp. 210,292 34,280
*,1 Joby Aviation Inc. 5,188,043 33,463
  Rush Enterprises Inc. Class A 805,773 32,900
  Dun & Bradstreet Holdings Inc. 3,284,791 32,815
* RXO Inc. 1,649,131 32,537
* Resideo Technologies Inc. 2,049,584 32,383
* Sterling Infrastructure Inc. 436,808 32,097
  Veritiv Corp. 189,465 32,001
* MYR Group Inc. 233,993 31,533
* Parsons Corp. 573,267 31,157
* Masonite International Corp. 313,064 29,184
  ICF International Inc. 238,846 28,855
* ACV Auctions Inc. Class A 1,893,970 28,750
* Gibraltar Industries Inc. 419,482 28,319
  Kennametal Inc. 1,124,168 27,969
  Trinity Industries Inc. 1,145,669 27,897
* NEXTracker Inc. Class A 690,226 27,719
  Mueller Water Products Inc. Class A 2,178,063 27,618
* Huron Consulting Group Inc. 264,817 27,583
* AAR Corp. 453,114 26,974
* Mercury Systems Inc. 721,730 26,769
* Kratos Defense & Security Solutions Inc. 1,772,377 26,621
  MillerKnoll Inc. 1,057,073 25,845
  Helios Technologies Inc. 460,809 25,566
  Alamo Group Inc. 146,310 25,291
  Spirit Airlines Inc. 1,529,983 25,245
* Hayward Holdings Inc. 1,769,852 24,955
  Forward Air Corp. 361,813 24,871
* SkyWest Inc. 582,280 24,421
  Primoris Services Corp. 744,401 24,364
  Barnes Group Inc. 715,213 24,296
* Spirit AeroSystems Holdings Inc. Class A 1,499,615 24,204

          Shares Market
Value
($000)
  Granite Construction Inc.    625,921     23,798
*,1 Enovix Corp.  1,870,460     23,474
* Hertz Global Holdings Inc.  1,914,963     23,458
  Standex International Corp.    160,169     23,335
  Griffon Corp.    585,441     23,224
* Construction Partners Inc. Class A    629,376     23,010
* PGT Innovations Inc.    821,065     22,785
* Hillman Solutions Corp.  2,760,708     22,776
  HNI Corp.    654,115     22,652
* OPENLANE Inc.  1,516,030     22,619
* Masterbrand Inc.  1,820,068     22,114
  CSG Systems International Inc.    427,218     21,839
* Gates Industrial Corp. plc  1,824,664     21,184
* JetBlue Airways Corp.  4,571,019     21,027
*,1 ChargePoint Holdings Inc. 4,219,710 20,972
* Paycor HCM Inc. 918,025 20,959
  Enerpac Tool Group Corp. Class A 757,994 20,034
  Tennant Co. 261,223 19,370
* Upwork Inc. 1,698,581 19,296
  H&E Equipment Services Inc. 445,952 19,261
* Vicor Corp. 315,333 18,570
* CoreCivic Inc. 1,618,633 18,210
  Lindsay Corp. 154,170 18,143
  Greenbrier Cos. Inc. 444,656 17,786
* Cimpress plc 247,664 17,339
* Ameresco Inc. Class A 441,810 17,036
* NOW Inc. 1,423,057 16,892
* NV5 Global Inc. 174,659 16,807
* Energy Recovery Inc. 790,834 16,774
  Matthews International Corp. Class A 429,321 16,705
* American Woodmark Corp. 219,278 16,580
* Air Transport Services Group Inc. 777,311 16,223
* Legalzoom.com Inc. 1,482,428 16,218
* Rocket Lab USA Inc. 3,691,139 16,167
  Kforce Inc. 270,199 16,120
* CIRCOR International Inc. 288,718 16,096
* JELD-WEN Holding Inc. 1,203,144 16,074
  Marten Transport Ltd. 815,082 16,065
*,1 Nikola Corp. 10,076,812 15,821
  Astec Industries Inc. 330,607 15,575
  Allegiant Travel Co. 202,296 15,548
  AZZ Inc. 335,979 15,314
  Apogee Enterprises Inc. 313,978 14,782
  Steelcase Inc. Class A 1,309,147 14,623
  Columbus McKinnon Corp. 414,084 14,456
* GEO Group Inc. 1,760,832 14,404
  Schneider National Inc. Class B 519,914 14,396
  Wabash National Corp. 673,763 14,230
* Janus International Group Inc. 1,322,038 14,146
*,1 Fluence Energy Inc. Class A 580,446 13,344
* Thermon Group Holdings Inc. 483,344 13,277
* MRC Global Inc. 1,196,868 12,268
* Leonardo DRS Inc. 729,600 12,184
  Quanex Building Products Corp. 431,303 12,150
  Deluxe Corp. 632,543 11,949
* Driven Brands Holdings Inc. 906,469 11,412
* Montrose Environmental Group Inc. 385,786 11,288
  Healthcare Services Group Inc. 1,068,597 11,145

          Shares Market
Value
($000)
* BlueLinx Holdings Inc.    129,889     10,663
  Gorman-Rupp Co.    324,053     10,661
* Transcat Inc.    106,946     10,478
*,1 Archer Aviation Inc. Class A  2,068,033     10,464
* Heritage-Crystal Clean Inc.    228,314     10,354
  GrafTech International Ltd.  2,701,496     10,347
  CRA International Inc.    100,939     10,171
  Powell Industries Inc.    121,875     10,103
*,1 Xometry Inc. Class A    582,795      9,896
* Titan International Inc.    728,956      9,790
* Proto Labs Inc.    361,514      9,544
  First Advantage Corp.    691,928      9,542
  Tecnoglass Inc.    288,055      9,494
  VSE Corp.    186,622      9,413
  Insteel Industries Inc. 286,727 9,307
* 3D Systems Corp. 1,876,627 9,214
* SP Plus Corp. 251,589 9,082
  Douglas Dynamics Inc. 296,994 8,963
  Rush Enterprises Inc. Class B 193,783 8,776
  Barrett Business Services Inc. 97,035 8,756
*,1 Stem Inc. 2,051,643 8,699
  Heartland Express Inc. 586,676 8,618
* Ducommun Inc. 195,730 8,516
*,1 Virgin Galactic Holdings Inc. 4,703,917 8,467
* Triumph Group Inc. 1,104,235 8,458
* Conduent Inc. 2,424,226 8,436
  Kaman Corp. 424,668 8,345
* Enviri Corp. 1,149,542 8,300
  Interface Inc. Class A 836,507 8,206
* IES Holdings Inc. 124,404 8,195
* V2X Inc. 156,908 8,106
  Ennis Inc. 376,544 7,990
  Kelly Services Inc. Class A 438,474 7,976
* Sun Country Airlines Holdings Inc. 537,272 7,973
* Viad Corp. 302,557 7,927
* Hudson Technologies Inc. 585,345 7,785
* Titan Machinery Inc. 292,535 7,776
  REV Group Inc. 476,826 7,629
  Argan Inc. 166,440 7,576
* Manitowoc Co. Inc. 502,566 7,564
*,1 U-Haul Holding Co. 138,555 7,561
* Great Lakes Dredge & Dock Corp. 932,049 7,428
*,1 FuelCell Energy Inc. 5,801,121 7,425
*,1 SunPower Corp. 1,200,302 7,406
  Genco Shipping & Trading Ltd. 528,777 7,398
*,1 Symbotic Inc. Class A 219,098 7,324
* DXP Enterprises Inc. 206,945 7,231
* Planet Labs PBC 2,746,788 7,142
  TTEC Holdings Inc. 271,669 7,123
  Preformed Line Products Co. 43,617 7,091
  Heidrick & Struggles International Inc. 283,120 7,084
  Pitney Bowes Inc. 2,316,832 6,997
* TrueBlue Inc. 474,591 6,962
  Shyft Group Inc. 461,824 6,914
  Resources Connection Inc. 459,235 6,847
* CECO Environmental Corp. 423,428 6,762
  ACCO Brands Corp. 1,175,931 6,750
  Hyster-Yale Materials Handling Inc. 146,243 6,520

          Shares Market
Value
($000)
  Miller Industries Inc.    165,375      6,484
*,1 Microvast Holdings Inc.  3,410,750      6,446
  Allient Inc.    203,988      6,307
* Astronics Corp.    396,913      6,295
* Franklin Covey Co.    145,349      6,238
* AerSale Corp.    412,330      6,160
  Cadre Holdings Inc.    230,058      6,131
  Global Industrial Co.    179,956      6,029
* Custom Truck One Source Inc.    958,336      5,942
* Sterling Check Corp.    449,739      5,676
  LSI Industries Inc.    350,049      5,559
  National Presto Industries Inc.     74,210      5,377
*,1 Net Power Inc.    353,675      5,341
  Covenant Logistics Group Inc. Class A    120,766      5,296
*,1 LanzaTech Global Inc. 1,132,308 5,288
* Blue Bird Corp. 245,580 5,243
  Luxfer Holdings plc 395,635 5,163
* Forrester Research Inc. 176,944 5,114
*,1 Desktop Metal Inc. Class A 3,470,558 5,067
  FTAI Infrastructure Inc. 1,504,792 4,845
* Hawaiian Holdings Inc. 757,435 4,795
* Liquidity Services Inc. 271,220 4,779
* Tutor Perini Corp. 609,338 4,771
*,1 SES AI Corp. 2,056,760 4,669
* Matrix Service Co. 386,352 4,559
  Park Aerospace Corp. 285,826 4,439
* Northwest Pipe Co. 147,084 4,438
* Limbach Holdings Inc. 136,825 4,341
1 Eagle Bulk Shipping Inc. 100,468 4,223
* BrightView Holdings Inc. 540,807 4,191
  Aris Water Solutions Inc. Class A 408,070 4,073
* Distribution Solutions Group Inc. 155,534 4,044
* TaskUS Inc. Class A 362,864 3,767
  Alta Equipment Group Inc. 311,833 3,761
*,1 Bowman Consulting Group Ltd. Class A 131,672 3,691
*,1 Eos Energy Enterprises Inc. 1,683,686 3,620
* Willdan Group Inc. 165,082 3,373
* Daseke Inc. 656,946 3,370
* Babcock & Wilcox Enterprises Inc. 775,802 3,266
  Omega Flex Inc. 41,210 3,244
*,1 NuScale Power Corp. Class A 660,071 3,234
* Commercial Vehicle Group Inc. 410,198 3,183
* American Superconductor Corp. 416,578 3,145
* TuSimple Holdings Inc. Class A 1,939,428 3,026
1 Pangaea Logistics Solutions Ltd. 512,373 3,013
* Concrete Pumping Holdings Inc. 324,097 2,781
*,1 Innodata Inc. 321,465 2,742
* Radiant Logistics Inc. 483,270 2,730
* Frontier Group Holdings Inc. 555,191 2,687
* L B Foster Co. Class A 140,614 2,659
* Asure Software Inc. 271,191 2,565
  Universal Logistics Holdings Inc. 99,783 2,513
  Park-Ohio Holdings Corp. 123,687 2,463
* Orion Group Holdings Inc. 457,435 2,452
* Graham Corp. 146,346 2,429
*,1 Energy Vault Holdings Inc. 949,271 2,421
* Quad/Graphics Inc. 463,634 2,332
*,1 FiscalNote Holdings Inc. 1,039,674 2,163

          Shares Market
Value
($000)
* Hyliion Holdings Corp.  1,800,424      2,125
*,1 Eve Holding Inc.    254,209      2,107
*,1 Blink Charging Co.    683,056      2,090
* PAM Transportation Services Inc.     93,486      2,015
*,1 Performant Financial Corp.    858,995      1,941
* Perma-Fix Environmental Services Inc.    184,484      1,928
*,1 Gencor Industries Inc.    135,889      1,920
* Twin Disc Inc.    138,721      1,903
* Innovative Solutions & Support Inc.    245,290      1,864
* Markforged Holding Corp.  1,266,154      1,836
*,1 EVI Industries Inc.     73,860      1,833
* RCM Technologies Inc.     91,076      1,780
* DLH Holdings Corp.    148,385      1,732
  Karat Packaging Inc.     74,771      1,724
*,1 ESS Tech Inc. 911,864 1,714
  Hurco Cos. Inc. 75,561 1,695
* Blade Air Mobility Inc. 650,215 1,684
  ARC Document Solutions Inc. 527,443 1,677
  Eastern Co. 87,943 1,596
* Mayville Engineering Co. Inc. 141,969 1,557
* TPI Composites Inc. 580,677 1,539
*,1 Hyzon Motors Inc. 1,219,651 1,525
* Quest Resource Holding Corp. 205,544 1,521
* Ultralife Corp. 148,995 1,454
* Mistras Group Inc. 257,405 1,403
*,1 Bridger Aerospace Group Holdings Inc. 165,432 1,401
* Willis Lease Finance Corp. 32,889 1,391
*,1 Velo3D Inc. 881,558 1,375
*,1 BlackSky Technology Inc. Class A 1,113,687 1,303
  BGSF Inc. 135,335 1,301
*,1 Tigo Energy Inc. 177,800 1,246
* Virco Manufacturing Corp. 150,864 1,198
  Acme United Corp. 39,747 1,188
* NN Inc. 613,095 1,140
*,1 Aqua Metals Inc. 991,923 1,121
* HireRight Holdings Corp. 114,094 1,085
*,1 Surf Air Mobility Inc. 656,194 1,070
* Skillsoft Corp. 1,150,107 1,019
*,1 INNOVATE Corp. 623,568 1,010
* 374Water Inc. 807,554 1,001
*,1 Beam Global 132,779 980
*,1 Amprius Technologies Inc. 205,222 973
* Spire Global Inc. 198,766 972
* GEE Group Inc. 1,612,349 954
*,1 NeoVolta Inc. 368,795 918
* Manitex International Inc. 195,901 915
1 HireQuest Inc. 59,266 914
*,1 TechPrecision Corp. 121,690 885
* Broadwind Inc. 275,644 882
*,1 Southland Holdings Inc. 141,533 859
*,1 Odyssey Marine Exploration Inc. Class B 229,156 857
* Alpha Pro Tech Ltd. 194,554 844
*,1 Redwire Corp. 287,325 830
*,1 SKYX Platforms Corp. 567,121 805
* LS Starrett Co. Class A 74,706 803
* Perma-Pipe International Holdings Inc. 96,539 789
* VirTra Inc. 140,111 782
*,1 Terran Orbital Corp. 933,310 777

          Shares Market
Value
($000)
* Ideal Power Inc.     78,007        764
* FTC Solar Inc.    593,648        760
*,1 Complete Solaria Inc.    345,492        712
* Hydrofarm Holdings Group Inc.    577,654        705
* Taylor Devices Inc.     31,685        675
  NL Industries Inc.    134,129        637
*,1 Intuitive Machines Inc.    160,581        586
* Orion Energy Systems Inc.    453,956        572
* Mastech Digital Inc.     62,642        564
* Flux Power Holdings Inc.    157,803        543
* Hudson Global Inc.     27,957        542
*,1 Wheels Up Experience Inc.    253,787        525
* Byrna Technologies Inc.    227,449        510
* FreightCar America Inc.    183,976        491
* StarTek Inc. 144,925 471
* CPI Aerostructures Inc. 132,533 443
* Air T Inc. 19,387 433
* Fuel Tech Inc. 347,637 410
* Mesa Air Group Inc. 474,206 407
* Westwater Resources Inc. 592,292 395
* Pioneer Power Solutions Inc. 62,065 389
*,1 Knightscope Inc. Class A 479,866 381
* Team Inc. 52,557 365
*,1 Exela Technologies Inc. 85,780 362
*,1 KULR Technology Group Inc. 922,983 331
*,1 Ocean Power Technologies Inc. 753,871 294
* Steel Connect Inc. 24,128 258
*,1 Xos Inc. 745,878 256
*,1 Sunworks Inc. 468,374 244
* Jewett-Cameron Trading Co. Ltd. 49,297 232
* SIFCO Industries Inc. 59,551 219
*,1 Astra Space Inc. Class A 113,486 210
* Servotronics Inc. 19,017 209
*,1 Nauticus Robotics Inc. 114,701 203
*,1 Advent Technologies Holdings Inc. 506,225 198
  Espey Manufacturing & Electronics Corp. 12,200 197
  Chicago Rivet & Machine Co. 10,903 192
*,1 Dragonfly Energy Holdings Corp. 124,806 192
*,1 Professional Diversity Network Inc. 75,021 192
* AgEagle Aerial Systems Inc. 1,081,707 182
*,1 Sarcos Technology & Robotics Corp. 199,748 171
* Capstone Green Energy Corp. 237,782 169
* View Inc. 21,512 156
*,1 Where Food Comes From Inc. 10,952 155
* Urban-Gro Inc. 111,102 151
* Heliogen Inc. 36,274 137
*,1 Expion360 Inc. 30,525 130
*,1 Getaround Inc. 350,376 122
* Mega Matrix Corp. 135,191 119
*,1 LiqTech International Inc. 30,838 119
* Air Industries Group 41,109 118
* Safe & Green Holdings Corp. 183,382 110
  CompX International Inc. 5,738 107
*,1 Polar Power Inc. 80,105 89
* Wilhelmina International Inc. 22,966 83
* DSS Inc. (XASE) 434,597 80
* Sidus Space Inc. Class A 518,418 74
*,1 Energous Corp. 46,427 74

          Shares Market
Value
($000)
* Patriot Transportation Holding Inc.      8,513         72
*,1 Sky Harbour Group Corp.     15,192         68
*,1 Bird Global Inc. Class A    111,007         66
  P&F Industries Inc. Class A      9,740         65
*,1 Nuvve Holding Corp.    177,956         60
* TOMI Environmental Solutions Inc.     65,157         57
*,1 Nuburu Inc.    134,105         47
*,1 Nxu Inc.    232,200         46
*,1 Optex Systems Holdings Inc.     10,911         46
*,1 Laser Photonics Corp.     32,357         45
*,1 Bitcoin Depot Inc.     16,962         45
* Pineapple Energy Inc.     50,451         44
* Shapeways Holdings Inc.     11,457         37
* iPower Inc.     46,863         36
* Molekule Group Inc. 251,372 36
*,1 FGI Industries Ltd. 24,409 35
*,1 JanOne Inc. 72,404 30
*,1 Momentus Inc. Class A 14,182 28
*,1 Energy Focus Inc. 11,650 23
* iSun Inc. 97,573 22
* Staffing 360 Solutions Inc. 30,990 21
*,1 Agrify Corp. 9,457 21
*,1 CEA Industries Inc. 24,750 19
* Art's-Way Manufacturing Co. Inc. 7,254 17
* Avalon Holdings Corp. Class A 8,789 17
*,1 Greenwave Technology Solutions Inc. 16,636 11
*,2 DSS Inc. 1,738,388 11
*,1 Fathom Digital Manufacturing C 1,642 9
*,1 Ault Alliance Inc. 16,916 6
* Electriq Power Holdings Inc. 3,575 6
*,1 ShiftPixy Inc. 6,699 5
* Ideanomics Inc. 2,230 5
*,1 Micromobility.com Inc. 74,382 4
*,1 Gaucho Group Holdings Inc. 2,208 4
*,1 Applied UV Inc. 8,125 3
*,1 Lightning eMotors Inc. 1,671 1
*,1,2 FTE Networks Inc. 82,837
            15,479,867
Information Technology (18.2%)
* Snowflake Inc. Class A 4,413,102 674,190
  Marvell Technology Inc. 11,994,328 649,253
* Workday Inc. Class A 2,867,078 615,992
* Crowdstrike Holdings Inc. Class A 3,131,290 524,115
* VMware Inc. Class A 3,059,437 509,335
* Atlassian Corp. Class A 2,123,662 427,939
* Palantir Technologies Inc. Class A 26,673,199 426,771
* Datadog Inc. Class A 4,179,087 380,673
* HubSpot Inc. 697,574 343,555
* MongoDB Inc. Class A 988,380 341,841
* Splunk Inc. 2,128,527 311,297
* Cloudflare Inc. Class A 4,097,734 258,321
* Zoom Video Communications Inc. Class A 3,494,073 244,375
  Dell Technologies Inc. Class C 3,531,501 243,320
  Jabil Inc. 1,823,155 231,340
  Entegris Inc. 2,094,873 196,729
* Zscaler Inc. 1,224,691 190,550
* Okta Inc. Class A 2,170,478 176,916
* Super Micro Computer Inc. 636,017 174,409

          Shares Market
Value
($000)
* Manhattan Associates Inc.    855,116    169,022
* Lattice Semiconductor Corp.  1,923,585    165,294
  Bentley Systems Inc. Class B  3,192,790    160,150
* Dynatrace Inc.  3,302,194    154,311
* GoDaddy Inc. Class A  2,047,837    152,523
* Twilio Inc. Class A  2,535,427    148,399
* Pure Storage Inc. Class A  4,033,294    143,666
* BILL Holdings Inc.  1,267,800    137,645
* DocuSign Inc. Class A  2,827,439    118,752
* Nutanix Inc. Class A  3,285,221    114,588
  National Instruments Corp.  1,844,735    109,983
* Unity Software Inc.  3,383,091    106,195
* Guidewire Software Inc.  1,136,410    102,277
  Cognex Corp.  2,407,126    102,158
* Ciena Corp. 2,085,845 98,577
* Dropbox Inc. Class A 3,614,659 98,427
* Arrow Electronics Inc. 774,231 96,965
* UiPath Inc. Class A 5,618,067 96,125
  Universal Display Corp. 607,898 95,434
* Elastic NV 1,115,858 90,652
* Confluent Inc. Class A 2,966,051 87,825
* Onto Innovation Inc. 682,634 87,049
* SPS Commerce Inc. 509,338 86,898
  Littelfuse Inc. 345,669 85,491
* Rambus Inc. 1,519,292 84,761
* Fabrinet 508,194 84,675
* Aspen Technology Inc. 396,315 80,951
* Procore Technologies Inc. 1,234,560 80,641
* Qualys Inc. 510,981 77,950
  MKS Instruments Inc. 885,121 76,598
* AppLovin Corp. Class A 1,894,546 75,706
* Smartsheet Inc. Class A 1,860,923 75,293
* Axcelis Technologies Inc. 455,212 74,222
* Tenable Holdings Inc. 1,610,251 72,139
* Novanta Inc. 500,717 71,823
* Workiva Inc. Class A 657,349 66,616
  TD SYNNEX Corp. 666,347 66,541
  Vontier Corp. 2,149,637 66,467
  Dolby Laboratories Inc. Class A 836,127 66,271
* Wolfspeed Inc. 1,733,637 66,052
* Five9 Inc. 1,014,074 65,205
* New Relic Inc. 751,510 64,344
* Teradata Corp. 1,384,474 62,329
* MACOM Technology Solutions Holdings Inc. 756,566 61,721
* Insight Enterprises Inc. 423,555 61,627
  Avnet Inc. 1,268,192 61,114
  Power Integrations Inc. 795,547 60,708
* Coherent Corp. 1,823,092 59,506
  Badger Meter Inc. 409,744 58,950
  Belden Inc. 588,219 56,793
* Cirrus Logic Inc. 764,787 56,564
* SentinelOne Inc. Class A 3,346,265 56,418
*,1 MicroStrategy Inc. Class A 169,160 55,532
* Samsara Inc. Class A 2,139,301 53,932
  Advanced Energy Industries Inc. 521,272 53,754
* Silicon Laboratories Inc. 445,249 51,600
* Diodes Inc. 641,349 50,564
* Gitlab Inc. Class A 1,116,156 50,473

          Shares Market
Value
($000)
* Appfolio Inc. Class A    274,628     50,155
* NCR Corp.  1,852,941     49,974
* DoubleVerify Holdings Inc.  1,753,107     48,999
* Box Inc. Class A  2,021,304     48,936
* Synaptics Inc.    543,707     48,629
* Kyndryl Holdings Inc.  3,207,800     48,438
* Altair Engineering Inc. Class A    748,232     46,809
* Varonis Systems Inc. Class B  1,523,515     46,528
* Freshworks Inc. Class A  2,226,593     44,354
* Sanmina Corp.    809,274     43,927
* Lumentum Holdings Inc.    970,860     43,863
* Extreme Networks Inc.  1,796,404     43,491
  Vishay Intertechnology Inc.  1,750,545     43,273
* Blackbaud Inc.    609,296     42,846
* IPG Photonics Corp. 420,158 42,663
* Alarm.com Holdings Inc. 697,314 42,634
* CommVault Systems Inc. 609,992 41,242
* BlackLine Inc. 708,267 39,288
* Rapid7 Inc. 846,000 38,730
* FormFactor Inc. 1,105,516 38,627
  Kulicke & Soffa Industries Inc. 791,643 38,498
* Itron Inc. 631,183 38,237
* Calix Inc. 829,681 38,033
* CCC Intelligent Solutions Holdings Inc. 2,848,440 38,027
  Crane NXT Co. 679,229 37,745
* Plexus Corp. 389,385 36,205
*,1 IonQ Inc. 2,381,096 35,431
* RingCentral Inc. Class A 1,187,209 35,177
* ACI Worldwide Inc. 1,500,177 33,844
* Alteryx Inc. Class A 889,848 33,538
* Sprout Social Inc. Class A 672,001 33,519
*,1 C3.ai Inc. Class A 1,285,576 32,808
  Amkor Technology Inc. 1,446,810 32,698
* HashiCorp Inc. Class A 1,421,625 32,456
* Fastly Inc. Class A 1,679,666 32,199
* Allegro MicroSystems Inc. 997,704 31,867
  Progress Software Corp. 602,286 31,668
* Braze Inc. Class A 662,723 30,969
* Rogers Corp. 235,347 30,941
* Envestnet Inc. 693,301 30,526
  InterDigital Inc. 371,563 29,814
* PagerDuty Inc. 1,293,554 29,092
* NetScout Systems Inc. 1,008,496 28,258
* Viavi Solutions Inc. 3,075,489 28,110
* Perficient Inc. 484,468 28,031
* SiTime Corp. 241,034 27,538
* Ambarella Inc. 517,933 27,466
* nCino Inc. 851,422 27,075
* Appian Corp. Class A 578,907 26,404
* Q2 Holdings Inc. 817,721 26,388
* LiveRamp Holdings Inc. 914,551 26,376
  Pegasystems Inc. 585,385 25,412
  Xerox Holdings Corp. 1,600,829 25,117
* OSI Systems Inc. 210,846 24,888
*,1 Aurora Innovation Inc. Class A 10,521,222 24,725
* Credo Technology Group Holding Ltd. 1,614,510 24,621
* Clearwater Analytics Holdings Inc. Class A 1,235,406 23,893
* Cohu Inc. 682,804 23,516

          Shares Market
Value
($000)
* ePlus Inc.    366,267     23,265
* Semtech Corp.    891,273     22,950
*,1 Riot Platforms Inc.  2,451,165     22,869
* MaxLinear Inc. Class A  1,015,421     22,593
* Veeco Instruments Inc.    795,112     22,351
  Clear Secure Inc. Class A  1,151,025     21,915
*,1 Marathon Digital Holdings Inc.  2,497,435     21,228
* Verint Systems Inc.    889,871     20,458
* Asana Inc. Class A  1,111,172     20,346
* Sprinklr Inc. Class A  1,460,549     20,214
* PROS Holdings Inc.    580,260     20,089
* Mirion Technologies Inc. Class A  2,583,476     19,299
* Viasat Inc.  1,019,497     18,820
  CTS Corp.    444,451     18,551
* Knowles Corp. 1,250,325 18,517
* Agilysys Inc. 279,783 18,510
* TTM Technologies Inc. 1,432,108 18,446
* PowerSchool Holdings Inc. Class A 805,256 18,247
* Squarespace Inc. Class A 629,671 18,242
* Ultra Clean Holdings Inc. 613,416 18,200
* Zeta Global Holdings Corp. Class A 2,132,381 17,805
* DigitalOcean Holdings Inc. 726,104 17,448
* Photronics Inc. 853,296 17,245
* Impinj Inc. 308,327 16,967
* Aehr Test Systems 363,042 16,591
* SMART Global Holdings Inc. 678,320 16,517
  Adeia Inc. 1,476,709 15,771
  A10 Networks Inc. 990,520 14,887
* Harmonic Inc. 1,540,366 14,834
* Zuora Inc. Class A 1,789,406 14,745
*,1 PAR Technology Corp. 382,220 14,731
* Vertex Inc. Class A 608,838 14,064
* Digi International Inc. 497,867 13,442
* PDF Solutions Inc. 411,805 13,342
* Arlo Technologies Inc. 1,284,427 13,230
* Jamf Holding Corp. 733,682 12,957
* Everbridge Inc. 565,098 12,669
* Avid Technology Inc. 460,810 12,382
* Ichor Holdings Ltd. 393,567 12,185
* Intapp Inc. 363,344 12,179
* N-able Inc. 934,396 12,054
* Amplitude Inc. Class A 1,037,821 12,008
* ACM Research Inc. Class A 659,694 11,944
* Navitas Semiconductor Corp. Class A 1,716,819 11,932
* Informatica Inc. Class A 560,637 11,813
  Methode Electronics Inc. 513,576 11,735
  Benchmark Electronics Inc. 481,997 11,693
* Model N Inc. 477,290 11,651
* EngageSmart Inc. 638,050 11,478
* Cerence Inc. 562,103 11,450
*,1 Infinera Corp. 2,732,998 11,424
* indie Semiconductor Inc. Class A 1,778,641 11,205
* ScanSource Inc. 369,030 11,185
* E2open Parent Holdings Inc. 2,424,501 11,007
* CommScope Holding Co. Inc. 2,929,468 9,843
* Kimball Electronics Inc. 358,305 9,810
* Alkami Technology Inc. 531,746 9,688
* Yext Inc. 1,464,761 9,272

          Shares Market
Value
($000)
  Napco Security Technologies Inc.    413,606      9,203
* Corsair Gaming Inc.    631,541      9,176
* Olo Inc. Class A  1,496,314      9,068
* Grid Dynamics Holdings Inc.    739,162      9,003
* BigCommerce Holdings Inc.    902,341      8,906
* Alpha & Omega Semiconductor Ltd.    295,171      8,808
  PC Connection Inc.    164,637      8,788
* AvePoint Inc.  1,287,804      8,654
  ADTRAN Holdings Inc.  1,015,861      8,361
  Ubiquiti Inc.     57,409      8,341
  Bel Fuse Inc. Class B    173,194      8,265
* Cleanspark Inc.  2,161,581      8,236
  Hackett Group Inc.    332,729      7,849
* Digital Turbine Inc.  1,268,440      7,674
* Couchbase Inc. 432,176 7,416
*,1 Lightwave Logic Inc. 1,604,444 7,172
* Mitek Systems Inc. 667,083 7,151
* nLight Inc. 673,915 7,009
* Matterport Inc. 3,219,762 6,987
* SmartRent Inc. Class A 2,586,983 6,752
* SolarWinds Corp. 707,961 6,683
*,1 Digimarc Corp. 203,345 6,607
* CEVA Inc. 340,106 6,595
* Vishay Precision Group Inc. 193,135 6,485
* Consensus Cloud Solutions Inc. 250,890 6,317
* Instructure Holdings Inc. 244,960 6,222
* Xperi Inc. 611,345 6,028
*,1 SoundHound AI Inc. Class A 2,887,706 5,804
* OneSpan Inc. 513,027 5,515
* NETGEAR Inc. 437,470 5,508
  American Software Inc. Class A 480,426 5,506
* Thoughtworks Holding Inc. 1,334,463 5,445
  NVE Corp. 66,211 5,439
*,1 MicroVision Inc. 2,464,849 5,398
*,1 Applied Digital Corp. 859,903 5,366
* Daktronics Inc. 589,507 5,258
* Clearfield Inc. 183,278 5,253
* Evolv Technologies Holdings Inc. 1,006,297 4,891
* MeridianLink Inc. 284,055 4,846
* Aviat Networks Inc. 146,823 4,581
*,1 Applied Optoelectronics Inc. 410,599 4,504
* Domo Inc. Class B 455,433 4,468
* Enfusion Inc. Class A 494,988 4,440
* FARO Technologies Inc. 280,630 4,274
* Eastman Kodak Co. 1,004,978 4,231
* 8x8 Inc. 1,611,712 4,061
  ON24 Inc. 632,961 4,007
* LivePerson Inc. 987,967 3,843
* Unisys Corp. 1,041,860 3,594
*,1 NextNav Inc. 650,077 3,341
  Ebix Inc. 328,973 3,250
* Weave Communications Inc. 398,356 3,247
* Blend Labs Inc. Class A 2,367,760 3,244
  Comtech Telecommunications Corp. 367,960 3,220
* Ribbon Communications Inc. 1,182,439 3,169
*,1 Vuzix Corp. 857,111 3,111
* SEMrush Holdings Inc. Class A 363,782 3,092
*,1 Tucows Inc. Class A 144,551 2,950

          Shares Market
Value
($000)
* Red Violet Inc.    144,334      2,888
  Climb Global Solutions Inc.     66,690      2,868
  Immersion Corp.    426,793      2,821
* CS Disco Inc.    399,811      2,655
* Luna Innovations Inc.    452,007      2,649
* Identiv Inc.    313,372      2,645
* EverCommerce Inc.    256,682      2,574
* Iteris Inc.    587,916      2,434
* Rekor Systems Inc.    803,847      2,267
* eMagin Corp.  1,106,683      2,202
* inTEST Corp.    145,023      2,200
* SoundThinking Inc.    118,135      2,115
  Information Services Group Inc.    476,239      2,086
* Everspin Technologies Inc.    210,538      2,070
* Turtle Beach Corp. 228,012 2,069
*,1 SkyWater Technology Inc. 343,438 2,067
* Expensify Inc. Class A 634,087 2,061
*,1 Terawulf Inc. 1,623,947 2,046
* Rackspace Technology Inc. 857,830 2,016
*,1 Atomera Inc. 321,354 2,012
* 908 Devices Inc. 301,499 2,008
* Computer Task Group Inc. 191,847 1,982
*,1 Ouster Inc. 389,611 1,964
* eGain Corp. 306,912 1,881
* Brightcove Inc. 570,442 1,877
* Upland Software Inc. 402,122 1,858
  PFSweb Inc. 236,404 1,759
* Telos Corp. 734,969 1,757
* Lantronix Inc. 388,934 1,731
  Richardson Electronics Ltd. 157,483 1,721
* CoreCard Corp. 84,857 1,697
* Arteris Inc. 258,459 1,683
1 Park City Group Inc. 191,260 1,675
* Kopin Corp. 1,367,248 1,668
* Edgio Inc. 1,892,566 1,613
* Rimini Street Inc. 703,322 1,547
* QuickLogic Corp. 177,291 1,525
*,1 Rigetti Computing Inc. 1,132,101 1,506
* Kaltura Inc. 868,072 1,502
*,1 CompoSecure Inc. 228,189 1,472
* WM Technology Inc. 1,072,342 1,415
*,1 Cipher Mining Inc. 563,659 1,313
*,1 BigBear.ai Holdings Inc. 867,100 1,309
* AXT Inc. 530,891 1,274
* Amtech Systems Inc. 167,022 1,273
*,1 CPI Card Group Inc. 63,608 1,178
* Backblaze Inc. Class A 210,881 1,160
  PCTEL Inc. 277,156 1,153
* Synchronoss Technologies Inc. 1,184,703 1,137
*,1 Meta Materials Inc. 5,342,305 1,132
*,1 Veritone Inc. 431,805 1,114
* KVH Industries Inc. 218,168 1,113
* Cambium Networks Corp. 150,465 1,103
* Powerfleet Inc. 529,800 1,097
* Intevac Inc. 350,734 1,091
* Genasys Inc. 533,566 1,072
* LiveVox Holdings Inc. 316,097 1,056
* AstroNova Inc. 84,133 1,052

          Shares Market
Value
($000)
* Viant Technology Inc. Class A    187,801      1,052
* Aeva Technologies Inc.  1,365,249      1,044
  CSP Inc.     58,064      1,016
* Quantum Corp.  1,535,792        937
*,1 Porch Group Inc.  1,153,541        926
* SecureWorks Corp. Class A    135,366        841
* Smith Micro Software Inc.    681,064        824
* Transphorm Inc.    361,933        803
* TransAct Technologies Inc.    118,370        760
*,1 Rubicon Technologies Inc. Class A    361,507        752
* Pixelworks Inc.    662,328        748
* Akoustis Technologies Inc.    989,060        745
*,1 Focus Universal Inc.    374,994        727
*,1 D-Wave Quantum Inc.    752,342        726
* Sono-Tek Corp. 136,617 717
* Key Tronic Corp. 152,077 680
* Issuer Direct Corp. 34,289 645
  Frequency Electronics Inc. 91,652 636
* LightPath Technologies Inc. Class A 424,658 616
* GSI Technology Inc. 216,448 587
* Airgain Inc. 152,243 559
* Movano Inc. 512,874 559
* M-Tron Industries Inc. 31,573 559
* Intellicheck Inc. 242,394 538
*,1 Klaviyo Inc. Class A 15,404 531
*,1 Wrap Technologies Inc. 338,065 507
* Data I/O Corp. 131,493 501
* ClearSign Technologies Corp. 453,826 495
* CVD Equipment Corp. 70,816 485
* DZS Inc. 229,401 482
* Inseego Corp. 1,104,106 464
* Franklin Wireless Corp. 145,404 462
* Casa Systems Inc. 538,466 456
* CPS Technologies Corp. 163,173 454
*,1 Dave Inc. 70,421 447
*,1 Quantum Computing Inc. 378,953 409
*,1 Research Frontiers Inc. 361,375 390
* Red Cat Holdings Inc. 402,998 390
* AudioEye Inc. 77,975 386
*,1 Coda Octopus Group Inc. 62,138 385
*,1 ZeroFox Holdings Inc. 413,025 363
* NetSol Technologies Inc. 188,484 343
*,1 Presto Automation Inc. 233,549 334
* DecisionPoint Systems Inc. 63,907 320
*,1 AEye Inc. 1,519,255 319
*,1 Movella Holdings Inc. 588,741 316
* One Stop Systems Inc. 168,631 312
*,1 Ondas Holdings Inc. 505,189 308
*,1 Stronghold Digital Mining Inc. Class A 69,830 304
* Optical Cable Corp. 101,263 303
*,1 Inuvo Inc. 1,411,029 302
* Research Solutions Inc. 121,964 301
* authID Inc. 37,742 292
* RF Industries Ltd. 89,996 271
* LGL Group Inc. 60,908 261
* Trio-Tech International 36,247 254
* Aware Inc. 182,324 252
* EMCORE Corp. 485,072 231

          Shares Market
Value
($000)
1 VirnetX Holding Corp.    905,638        230
* BSQUARE Corp.    189,580        226
* Duos Technologies Group Inc.     42,914        222
*,1 Neonode Inc.    138,213        221
* SigmaTron International Inc.     70,216        220
*,1 Phunware Inc.  1,225,460        219
*,1 Alpine 4 Holdings Inc.    290,863        211
*,1 Glimpse Group Inc.    114,029        210
*,1 Greenidge Generation Holdings Inc. Class A     50,850        208
* CalAmp Corp.    502,346        204
* Electro-Sensors Inc.     51,274        204
1 BK Technologies Corp.     15,429        192
* TSR Inc.     22,667        191
* WidePoint Corp.    102,130        176
* AmpliTech Group Inc. 82,824 170
*,1 Boxlight Corp. Class A 87,801 170
  SilverSun Technologies Inc. 44,899 149
*,1 Sobr Safe Inc. 134,425 148
*,1 Data Storage Corp. 39,704 129
*,1 VerifyMe Inc. 105,037 128
*,1 Vislink Technologies Inc. 33,437 123
*,1 Universal Security Instruments Inc. 47,378 113
*,1 Blackboxstocks Inc. 39,297 105
*,1 Cepton Inc. 26,619 101
* Astrotech Corp. 9,822 99
*,1 Remark Holdings Inc. 178,848 89
  ClearOne Inc. 114,784 87
* Bridgeline Digital Inc. 104,290 87
  Crexendo Inc. 39,194 83
* BTCS Inc. (XNCM) 87,854 82
*,1 CISO Global Inc. 568,658 80
*,1 Marin Software Inc. 181,298 77
* Socket Mobile Inc. 67,030 76
*,1 T Stamp Inc. Class A 42,631 70
  Taitron Components Inc. Class A 18,777 67
* OMNIQ Corp. 39,407 63
*,1 Airspan Networks Holdings Inc. 394,024 59
* Bio-key International Inc. 109,444 57
*,1 Auddia Inc. 154,558 56
*,1 MariaDB plc 116,967 56
*,1 Intrusion Inc. 157,729 55
*,1 Digital Ally Inc. 25,905 54
*,1 GSE Systems Inc. 255,595 52
*,1 CXApp Inc. 27,801 50
*,1 CYNGN Inc. 101,175 49
* Nortech Systems Inc. 4,861 45
* Interlink Electronics Inc. 4,277 39
* Sonim Technologies Inc. 56,107 38
*,1 Intellinetics Inc. 8,204 38
* ADDvantage Technologies Group Inc. 96,423 37
*,1 COMSovereign Holding Corp. 27,468 33
*,1 Cemtrex Inc. 6,604 32
*,1 Iveda Solutions Inc. 35,335 31
*,1 WiSA Technologies Inc. 45,800 27
*,1 Inpixon 229,798 26
*,1 FOXO Technologies Inc. 242,378 26
*,1 Sonic Foundry Inc. 39,497 26
*,1 Near Intelligence Inc. 101,090 25

          Shares Market
Value
($000)
*,1 DatChat Inc.      8,688         23
*,2 SRAX Inc.    284,252         20
*,1 Oblong Inc.     45,359         19
*,1 Sigma Additive Solutions Inc.      5,427         17
*,1 Verb Technology Co. Inc.     23,176         16
* Castellum Inc.     53,169         12
* WaveDancer Inc.     38,923         10
  Network-1 Technologies Inc.      1,145          3
*,2 BTCS Inc. (XNAS)     87,854         —
            15,393,689
Materials (4.1%)
  Reliance Steel & Aluminum Co.    816,082    214,001
  RPM International Inc.  1,798,033    170,471
  Crown Holdings Inc.  1,678,112    148,479
  AptarGroup Inc. 914,784 114,385
* Cleveland-Cliffs Inc. 7,086,304 110,759
  Berry Global Group Inc. 1,643,440 101,745
  United States Steel Corp. 3,092,433 100,442
  Royal Gold Inc. 914,522 97,241
  Graphic Packaging Holding Co. 4,285,953 95,491
  Olin Corp. 1,753,574 87,644
* Axalta Coating Systems Ltd. 3,092,479 83,188
  Eagle Materials Inc. 495,792 82,559
  Commercial Metals Co. 1,638,550 80,961
* ATI Inc. 1,801,409 74,128
  Sonoco Products Co. 1,359,071 73,865
  Alcoa Corp. 2,486,455 72,256
  Element Solutions Inc. 3,076,515 60,330
  Ashland Inc. 715,704 58,459
  Chemours Co. 2,070,705 58,083
  Balchem Corp. 453,271 56,224
  Huntsman Corp. 2,301,259 56,151
  Westlake Corp. 438,614 54,682
  Cabot Corp. 788,963 54,651
* Summit Materials Inc. Class A 1,665,613 51,867
  HB Fuller Co. 745,704 51,163
  Louisiana-Pacific Corp. 906,173 50,084
  Silgan Holdings Inc. 1,157,361 49,894
* Livent Corp. 2,527,865 46,538
  Carpenter Technology Corp. 673,846 45,289
  Avient Corp. 1,264,136 44,649
  Alpha Metallurgical Resources Inc. 171,621 44,575
  NewMarket Corp. 96,255 43,800
  Arch Resources Inc. 251,141 42,860
* MP Materials Corp. 2,004,118 38,279
  Warrior Met Coal Inc. 722,620 36,911
* O-I Glass Inc. 2,160,229 36,141
  Innospec Inc. 351,371 35,910
* Knife River Corp. 712,829 34,807
  Sensient Technologies Corp. 587,615 34,364
*,1 Ginkgo Bioworks Holdings Inc. Class A 18,700,824 33,848
  Hecla Mining Co. 8,060,298 31,516
  Quaker Chemical Corp. 191,006 30,561
  Scotts Miracle-Gro Co. 584,565 30,210
  Materion Corp. 288,139 29,364
  Greif Inc. Class A 411,220 27,474
  Worthington Industries Inc. 419,343 25,924
  Minerals Technologies Inc. 456,600 25,003

          Shares Market
Value
($000)
  Stepan Co.    299,102     22,424
  Tronox Holdings plc  1,615,016     21,706
* Ingevity Corp.    454,636     21,645
  Sylvamo Corp.    488,637     21,471
  Orion SA    800,996     17,045
  Kaiser Aluminum Corp.    224,844     16,922
  Hawkins Inc.    280,276     16,494
  TriMas Corp.    595,239     14,738
* Ecovyst Inc.  1,438,067     14,151
  Compass Minerals International Inc.    484,152     13,532
  Chase Corp.    106,034     13,491
* TimkenSteel Corp.    558,700     12,135
  AdvanSix Inc.    387,692     12,049
  Koppers Holdings Inc.    301,919     11,941
  Ryerson Holding Corp. 405,300 11,790
  SunCoke Energy Inc. 1,145,725 11,629
  Mativ Holdings Inc. 790,850 11,277
* Coeur Mining Inc. 4,784,243 10,621
* Piedmont Lithium Inc. 266,603 10,584
*,1 PureCycle Technologies Inc. 1,873,375 10,510
  Schnitzer Steel Industries Inc. Class A 364,330 10,147
* Perimeter Solutions SA 2,139,529 9,713
  Myers Industries Inc. 527,303 9,455
* Clearwater Paper Corp. 240,617 8,722
  Haynes International Inc. 185,722 8,640
* LSB Industries Inc. 809,794 8,284
  Olympic Steel Inc. 139,585 7,846
* Aspen Aerogels Inc. 836,985 7,198
  United States Lime & Minerals Inc. 26,774 5,382
* Century Aluminum Co. 727,614 5,232
  Mercer International Inc. 588,069 5,046
  Pactiv Evergreen Inc. 562,333 4,572
  American Vanguard Corp. 417,933 4,568
* Alto Ingredients Inc. 954,700 4,220
  Ramaco Resources Inc. Class A 371,202 4,079
  Trinseo plc 494,079 4,037
* McEwen Mining Inc. 567,159 3,687
* Gatos Silver Inc. 666,494 3,452
* Intrepid Potash Inc. 132,962 3,345
* Core Molding Technologies Inc. 111,989 3,191
* Rayonier Advanced Materials Inc. 887,868 3,143
* Ranpak Holdings Corp. Class A 537,527 2,924
  FutureFuel Corp. 376,247 2,698
*,1 Danimer Scientific Inc. Class A 1,248,536 2,584
  Kronos Worldwide Inc. 295,057 2,287
*,1 Origin Materials Inc. 1,744,951 2,234
  Ramaco Resources Inc. Class B 176,583 2,107
  Tredegar Corp. 368,004 1,991
* Dakota Gold Corp. 735,903 1,899
* Universal Stainless & Alloy Products Inc. 117,252 1,537
  Northern Technologies International Corp. 110,166 1,473
* Glatfelter Corp. 730,566 1,461
  Friedman Industries Inc. 90,921 1,218
*,1 Loop Industries Inc. 332,490 1,187
*,1 Smith-Midland Corp. 58,550 1,110
* Ascent Industries Co. 108,067 959
*,1 5E Advanced Materials Inc. 422,291 954
* Idaho Strategic Resources Inc. 169,246 853

          Shares Market
Value
($000)
*,1 Contango ORE Inc.     40,613        737
*,1 Hycroft Mining Holding Corp. Class A  2,350,391        701
*,1 Flotek Industries Inc.    157,035        696
* Advanced Emissions Solutions Inc.    308,486        549
  Gold Resource Corp.  1,281,600        549
  Greif Inc. Class B      6,973        464
* Ampco-Pittsburgh Corp.    171,738        452
* US Gold Corp.    143,623        447
* United States Antimony Corp.  1,198,945        442
* Solitario Resources Corp.    785,656        428
*,1 US Goldmining Inc.     17,549        141
* Paramount Gold Nevada Corp.    190,456         54
* Save Foods Inc.     76,844         39
* Golden Minerals Co.     54,570         35
*,1 Eightco Holdings Inc. 33,311 19
*,1 ASP Isotopes Inc. 20,461 19
*,1 Adamas One Corp. 26,000 18
*,1 Crown ElectroKinetics Corp. 8,521 4
            3,482,610
Real Estate (5.6%)
  Sun Communities Inc. 1,737,647 205,633
  Gaming & Leisure Properties Inc. 3,657,874 166,616
  Equity LifeStyle Properties Inc. 2,596,396 165,416
  WP Carey Inc. 2,977,271 161,011
  American Homes 4 Rent Class A 4,418,832 148,870
  Rexford Industrial Realty Inc. 2,883,114 142,282
  CubeSmart 3,136,931 119,611
  Omega Healthcare Investors Inc. 3,419,576 113,393
* Zillow Group Inc. Class C 2,425,522 111,962
  Americold Realty Trust Inc. 3,540,441 107,665
  EastGroup Properties Inc. 630,667 105,025
  Lamar Advertising Co. Class A 1,225,515 102,294
* Jones Lang LaSalle Inc. 666,440 94,088
  NNN REIT Inc. 2,532,194 89,488
  First Industrial Realty Trust Inc. 1,836,721 87,410
  Brixmor Property Group Inc. 4,182,625 86,915
  STAG Industrial Inc. 2,494,077 86,071
  Healthcare Realty Trust Inc. Class A 5,298,886 80,914
  Agree Realty Corp. 1,351,831 74,675
  Ryman Hospitality Properties Inc. 841,291 70,063
  Terreno Realty Corp. 1,171,850 66,561
  Kite Realty Group Trust 3,081,575 66,007
  Spirit Realty Capital Inc. 1,966,937 65,951
  Apartment Income REIT Corp. Class A 2,098,094 64,412
  Phillips Edison & Co. Inc. 1,636,112 54,875
  Rayonier Inc. 1,903,026 54,160
  PotlatchDeltic Corp. 1,112,551 50,499
  Vornado Realty Trust 2,218,077 50,306
  Kilroy Realty Corp. 1,491,928 47,160
  Essential Properties Realty Trust Inc. 2,163,330 46,793
1 Medical Properties Trust Inc. 8,367,809 45,605
  Apple Hospitality REIT Inc. 2,947,780 45,219
  Sabra Health Care REIT Inc. 3,214,688 44,813
  Independence Realty Trust Inc. 3,149,258 44,310
  EPR Properties 1,055,108 43,829
  Cousins Properties Inc. 2,087,090 42,514
  Physicians Realty Trust 3,357,111 40,923
  COPT Defense Properties 1,580,958 37,674

          Shares Market
Value
($000)
  Park Hotels & Resorts Inc.  3,051,604     37,596
  National Storage Affiliates Trust  1,159,048     36,788
  Broadstone Net Lease Inc.  2,552,250     36,497
  DigitalBridge Group Inc.  2,036,598     35,803
  LXP Industrial Trust  3,997,686     35,579
1 SL Green Realty Corp.    907,683     33,857
* Howard Hughes Holdings Inc.    454,214     33,671
  Tanger Factory Outlet Centers Inc.  1,458,669     32,966
  Macerich Co.  2,999,819     32,728
  National Health Investors Inc.    613,524     31,511
  Highwoods Properties Inc.  1,476,903     30,439
  SITE Centers Corp.  2,458,452     30,313
  Innovative Industrial Properties Inc.    390,612     29,554
  Douglas Emmett Inc.  2,278,992     29,080
  Equity Commonwealth 1,532,850 28,158
  CareTrust REIT Inc. 1,361,843 27,918
  Four Corners Property Trust Inc. 1,250,484 27,748
  Sunstone Hotel Investors Inc. 2,918,243 27,286
  Global Net Lease Inc. 2,740,941 26,340
  St. Joe Co. 483,703 26,280
  Urban Edge Properties 1,621,060 24,737
  Kennedy-Wilson Holdings Inc. 1,658,246 24,443
  DiamondRock Hospitality Co. 2,932,608 23,549
  Pebblebrook Hotel Trust 1,721,034 23,389
* Zillow Group Inc. Class A 508,902 22,794
  InvenTrust Properties Corp. 946,360 22,533
  Retail Opportunity Investments Corp. 1,759,410 21,782
* Opendoor Technologies Inc. 7,953,529 20,997
  RLJ Lodging Trust 2,118,444 20,740
  Outfront Media Inc. 2,041,432 20,618
  JBG SMITH Properties 1,322,518 19,124
  Veris Residential Inc. 1,148,744 18,954
  Acadia Realty Trust 1,317,950 18,913
  LTC Properties Inc. 572,960 18,409
  Getty Realty Corp. 658,619 18,264
  Xenia Hotels & Resorts Inc. 1,533,160 18,061
  Service Properties Trust 2,337,004 17,972
1 eXp World Holdings Inc. 1,101,661 17,891
* Cushman & Wakefield plc 2,270,875 17,304
  Alexander & Baldwin Inc. 1,027,894 17,197
  Elme Communities 1,254,403 17,110
  Uniti Group Inc. 3,385,458 15,979
  Empire State Realty Trust Inc. Class A 1,878,712 15,105
  Easterly Government Properties Inc. Class A 1,284,349 14,680
  NETSTREIT Corp. 940,292 14,650
* Apartment Investment & Management Co. Class A 1,911,501 12,998
  Centerspace 215,438 12,982
* Compass Inc. Class A 4,460,288 12,935
  American Assets Trust Inc. 658,614 12,810
  Hudson Pacific Properties Inc. 1,822,066 12,117
  Safehold Inc. 650,006 11,570
  RPT Realty 1,085,633 11,464
  Paramount Group Inc. 2,435,600 11,252
* Redfin Corp. 1,588,540 11,183
  Newmark Group Inc. Class A 1,723,688 11,083
  Brandywine Realty Trust 2,439,358 11,075
  UMH Properties Inc. 785,580 11,014
  Plymouth Industrial REIT Inc. 506,499 10,611

          Shares Market
Value
($000)
  NexPoint Residential Trust Inc.    319,774     10,290
  Community Healthcare Trust Inc.    346,077     10,279
* Anywhere Real Estate Inc.  1,593,384     10,245
  Piedmont Office Realty Trust Inc. Class A  1,746,672      9,816
  Marcus & Millichap Inc.    325,463      9,549
  Summit Hotel Properties Inc.  1,562,913      9,065
  Armada Hoffler Properties Inc.    885,171      9,064
1 Peakstone Realty Trust    505,751      8,416
1 CBL & Associates Properties Inc.    371,972      7,804
  Universal Health Realty Income Trust    190,841      7,716
* Forestar Group Inc.    265,260      7,146
  Chatham Lodging Trust    732,012      7,005
  Gladstone Commercial Corp.    575,761      7,001
  Global Medical REIT Inc.    774,998      6,952
  Saul Centers Inc. 194,905 6,874
  Gladstone Land Corp. 477,861 6,800
1 Farmland Partners Inc. 657,391 6,745
  Whitestone REIT 699,454 6,736
* Tejon Ranch Co. 377,330 6,120
  Alexander's Inc. 32,958 6,006
  Diversified Healthcare Trust 2,815,419 5,462
* FRP Holdings Inc. 94,855 5,119
  RMR Group Inc. Class A 200,913 4,926
1 CTO Realty Growth Inc. 301,036 4,880
  Orion Office REIT Inc. 872,313 4,545
  One Liberty Properties Inc. 238,209 4,495
* Seritage Growth Properties Class A 555,085 4,296
1 NexPoint Diversified Real Estate Trust 481,353 4,193
  Hersha Hospitality Trust Class A 421,602 4,157
  Postal Realty Trust Inc. Class A 273,920 3,698
  RE/MAX Holdings Inc. Class A 264,691 3,425
  Alpine Income Property Trust Inc. 200,992 3,288
  BRT Apartments Corp. 170,142 2,938
  Office Properties Income Trust 690,287 2,830
  Industrial Logistics Properties Trust 946,492 2,735
* Stratus Properties Inc. 94,932 2,601
1 Braemar Hotels & Resorts Inc. 895,611 2,481
* Star Holdings 195,370 2,446
  City Office REIT Inc. 563,275 2,394
  Franklin Street Properties Corp. 1,292,044 2,390
  Douglas Elliman Inc. 984,775 2,226
*,1 Ashford Hospitality Trust Inc. 555,235 1,327
  Modiv Industrial Inc. Class C 78,207 1,305
  Clipper Realty Inc. 224,804 1,164
* Maui Land & Pineapple Co. Inc. 87,520 1,160
*,1 Offerpad Solutions Inc. 100,497 981
* AMREP Corp. 56,666 953
*,1 WeWork Inc. Class A 269,746 812
  Creative Media & Community Trust Corp. 186,677 756
  Global Self Storage Inc. 148,984 724
* Bluerock Homes Trust Inc. 54,467 704
*,1 Altisource Portfolio Solutions SA 172,263 687
* Transcontinental Realty Investors Inc. 17,772 544
* Sotherly Hotels Inc. 291,549 490
*,1 Doma Holdings Inc. 91,760 466
*,1 Fathom Holdings Inc. 102,907 420
*,1 LuxUrban Hotels Inc. 89,403 417
* Rafael Holdings Inc. Class B 161,079 306

          Shares Market
Value
($000)
* Comstock Holding Cos. Inc. Class A     52,330        246
* InterGroup Corp.      7,341        224
* American Realty Investors Inc.     14,206        208
*,1 American Strategic Investment Co.     21,669        197
1 CorEnergy Infrastructure Trust Inc.    234,448        188
* Trinity Place Holdings Inc.    313,994        115
* JW Mays Inc.      2,172        103
  Generation Income Properties Inc.     20,751         81
  InnSuites Hospitality Trust     51,409         65
*,1 Altisource Asset Management Corp.      9,199         63
*,1 New Concept Energy Inc.     46,966         54
* Safe & Green Development Corp.     34,141         50
* CKX Lands Inc.      3,384         44
* Power REIT     36,007         42
*,1 Wheeler REIT Inc. 12,815 42
* Alset Inc. 21,638 29
*,1 Avalon GloboCare Corp. 34,504 27
1 Medalist Diversified REIT Inc. 3,843 20
1 Strawberry Fields REIT Inc. 2,285 14
*,1 Appreciate Holdings Inc. 61,366 10
  Presidio Property Trust Inc. Class A 4,397 4
*,2 Spirit MTA REIT 653,668
            4,749,610
Utilities (1.8%)
  Vistra Corp. 4,814,768 159,754
  Essential Utilities Inc. 3,395,351 116,562
  OGE Energy Corp. 2,771,516 92,375
  UGI Corp. 2,906,064 66,839
  IDACORP Inc. 706,436 66,158
  National Fuel Gas Co. 1,268,654 65,856
  Portland General Electric Co. 1,399,757 56,662
  New Jersey Resources Corp. 1,353,441 54,990
  PNM Resources Inc. 1,195,471 53,330
  ONE Gas Inc. 775,767 52,969
  Ormat Technologies Inc. 755,076 52,795
  Southwest Gas Holdings Inc. 842,123 50,873
  Black Hills Corp. 934,440 47,273
  Otter Tail Corp. 580,053 44,038
  Spire Inc. 741,439 41,951
  ALLETE Inc. 791,250 41,778
  American States Water Co. 517,161 40,690
  Northwestern Energy Group Inc. 830,316 39,905
  California Water Service Group 805,323 38,100
  MGE Energy Inc. 513,314 35,167
  Avista Corp. 1,060,776 34,337
  Avangrid Inc. 973,269 29,363
  Clearway Energy Inc. Class C 1,312,017 27,762
  SJW Group 404,310 24,303
  Chesapeake Utilities Corp. 245,102 23,959
1 Hawaiian Electric Industries Inc. 1,556,683 19,163
  Northwest Natural Holding Co. 491,026 18,738
  Middlesex Water Co. 253,582 16,800
*,1 Sunnova Energy International Inc. 1,399,086 14,648
  Unitil Corp. 235,686 10,066
* Montauk Renewables Inc. 913,593 8,323
  York Water Co. 201,358 7,549
  Consolidated Water Co. Ltd. 220,542 6,272
  Clearway Energy Inc. Class A 309,566 6,167

          Shares Market
Value
($000)
  Artesian Resources Corp. Class A    143,972      6,045
* Altus Power Inc. Class A    904,505      4,749
  Genie Energy Ltd. Class B    316,380      4,660
* Pure Cycle Corp.    273,022      2,621
*,1 Cadiz Inc.    681,992      2,257
  RGC Resources Inc.    100,782      1,744
  Global Water Resources Inc.    140,308      1,368
* Spruce Power Holding Corp.  1,552,934      1,056
  Via Renewables Inc. Class A     37,181        270
            1,490,285
Total Common Stocks (Cost $77,982,730) 83,804,162
Preferred Stocks (0.0%)
  FAT Brands Inc. Pfd., 8.250%, 11/8/23      7,939        130
  Air T Funding Pfd., 8.000%, 6/7/24        576         11
Total Preferred Stocks (Cost $136) 141
Rights (0.0%)
*,2 Tobira Therapeutics Inc. CVR Exp. 12/31/28 87,894 398
*,1,2 Palisade Bio Inc. CVR 238,902 229
*,2 Spectrum Pharmaceuticals Inc. CVR 2,524,293 206
*,2 Imara Inc. CVR 140,767 176
*,2 Strongbridge Biopharma plc CVR 687,671 125
*,2 Adamas Pharmaceuticals Inc. CVR 1,055,708 64
*,2 Surface Oncology Inc. CVR 579,706 54
*,2 Catalyst Biosciences Inc. CVR 475,977 48
*,2 Aduro Biotech Inc. CVR 150,581 28
*,2 Aevi Genomic Medicine Inc. CVR 631,947 21
*,1,2 Oncternal Therapeutics Inc. CVR 19,268 20
*,2 Ocera Therapeutics Inc. CVR 48,417 13
*,1,2 Aeglea BioTherapeutics Inc. CVR 632,341 9
*,1,2 Miragen Therapeutics Inc. CVR 330,960 7
*,2 Qualigen Therapeutics Inc. CVR 91,096 6
*,2 F-star Therapeutics Inc. CVR 81,676 6
*,2 Alexza Pharmaceuticals Inc. CVR 128,704 4
* Ligand Pharmaceuticals Inc. General CVR Rights 395,811 3
*,1,2 Seelos Therapeutics Inc. CVR 5,736 3
*,2 Dianthus Therapeutics Inc. CVR 545,859 3
*,2 Ocuphire Pharma Inc. CVR 13,673 2
*,1,2 CinCor Pharma Inc. CVR 832 2
* Ligand Pharmaceuticals Inc. Glucagon CVR Rights 395,811 1
* Ligand Pharmaceuticals Inc. Roche CVR Rights 395,811 1
*,2 Ambit Biosciences Corp. CVR 22,388
*,2 Biosante Pharmaceuticals Inc. CVR 44,795
*,2 NeuroBo Pharmaceuticals Inc. CVR 5,194
*,2 Achillion Pharmaceuticals Inc. CVR 374
*,2 Ikonics Corp. CVR 12,227
*,2 Pineapple Energy Inc. CVR 30,377
*,1,2 Disc Medicine Inc. CVR 238,398
*,2 Sesen Bio Inc. CVR 2,671,362
*,2 Chinook Therapeutics Inc. CVR 59
Total Rights (Cost $2,249) 1,429
Warrants (0.0%)
* Ayala Pharmaceuticals Inc. Warrants Exp. 9/11/24 47,130
*,2 Salarius Pharmaceuticals Inc. Warrants Exp. 1/20/25 119,407

          Shares Market
Value
($000)
*,1,2 Imperalis Holding Corp. Warrants Exp. 4/13/28    930,380         —
Total Warrants (Cost $200)
      Coupon      
Temporary Cash Investments (2.5%)
Money Market Fund (2.5%)
3,4 Vanguard Market Liquidity Fund
(Cost $2,071,476)
5.391%   20,730,111           2,072,804
Total Investments (101.6%) (Cost $80,056,791)   85,878,536
Other Assets and Liabilities—Net (-1.6%)   (1,351,700)
Net Assets (100%)   84,526,836
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 $1,240,541,000.
2 Security value determined using significant unobservable inputs.
3 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
4 Collateral of $1,407,191,000 was received for securities on loan.
    
  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 NASDAQ 100 Index December 2023 423 125,771 (4,672)
E-mini Russell 2000 Index December 2023 5,059 454,956 (16,807)
E-mini S&P 500 Index December 2023 116 25,088 (61)
E-mini S&P Mid-Cap 400 Index December 2023 80 20,163 (648)
        (22,188)
    
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)
BILL Holdings Inc. 8/30/24 BANA 9,801 (5.331) (613)
Chewy Inc. Class A 1/31/24 GSI 6,247 (5.331) (596)
Lucid Group Inc. 1/31/24 GSI 10,893 (5.331) (625)

Over-the-Counter Total Return Swaps (continued)
Reference Entity Termination
Date
Counterparty Notional
Amount
($000)
Floating
Interest
Rate
Received
(Paid)1
(%)
Value and
Unrealized
Appreciation
($000)
Value and
Unrealized
(Depreciation)
($000)
OneMain Holdings Inc. 1/31/24 GSI 1,149 (5.831) (28)
OneMain Holdings Inc. 1/31/24 GSI 821 (5.831) (20)
Sirius XM Holdings Inc. 1/31/24 GSI 15,960 (5.331) 2,094
Snowflake Inc. Class A 8/30/24 BANA 24,782 (5.331) (748)
Wayfair Inc. Class A 8/30/24 BANA 8,984 (5.331) (1,147)
          2,094 (3,777)
1 Based on USD Overnight Bank Funding Rate as of the most recent reset date. Floating interest payment received/paid monthly.
  BANA—Bank of America, N.A.
  GSI—Goldman Sachs International.
At September 30, 2023, the counterparties had deposited in segregated accounts securities with a value of $1,421,000 in connection with open over-the-counter swap contracts.

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 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.
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 or indexes 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, 2023, based on the inputs used to value them:
  Level 1
($000)
Level 2
($000)
Level 3
($000)
Total
($000)
Investments        
Assets        
Common Stocks 83,800,519 3,643 83,804,162
Preferred Stocks 141 141
Rights 5 1,424 1,429
Warrants
Temporary Cash Investments 2,072,804 2,072,804
Total 85,873,469 5,067 85,878,536
Derivative Financial Instruments        
Assets        
Swap Contracts 2,094 2,094
Liabilities        
Futures Contracts1 22,188 22,188
Swap Contracts 3,777 3,777
Total 22,188 3,777 25,965
1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.