FOR VALIDATION PURPOSES ONLY



Shares		Description	Value

	Common Stocks – 99.2%
	Aerospace & Defense – 0.8%
	20,288	Lockheed Martin Corp.	$ 8,395,377

	Automobiles – 4.9%
	304,145	General Motors Co.*	11,028,298
	47,940	Tesla, Inc.*	42,736,113

			53,764,411

	Beverages – 0.1%
	14,131	Brown-Forman Corp., Class B	1,048,803
	3,311	PepsiCo, Inc.	579,292

			1,628,095

	Biotechnology – 4.7%
	49,207	AbbVie, Inc.	7,061,697
	9,633	Biogen, Inc.*	2,071,673
	299,225	Exelixis, Inc.*	6,259,787
	166,810	Gilead Sciences, Inc.	9,966,897
	61,845	Horizon Therapeutics PLC*	5,131,280
	129,392	Incyte Corp.*	10,051,170
	41,460	Vertex Pharmaceuticals, Inc.*	11,625,799

			52,168,303

	Capital Markets – 2.4%
	3,775	Ameriprise Financial, Inc.	1,018,948
	69,056	Bank of New York Mellon Corp. (The)	3,001,174
	218,377	Charles Schwab Corp. (The)	15,078,932
	23,489	MarketAxess Holdings, Inc.	6,360,351
	11,639	Stifel Financial Corp.	696,129

			26,155,534

	Chemicals – 0.8%
	64,339	CF Industries Holdings, Inc.	6,143,731
	11,438	Sherwin-Williams Co. (The)	2,767,310

			8,911,041

	Commercial Services & Supplies – 1.2%
	31,313	Cintas Corp.	13,323,368

	Communications Equipment – 0.7%
	66,172	Arista Networks, Inc.*	7,717,640

	Consumer Finance – 0.7%
	34,514	Capital One Financial Corp.	3,790,673



Shares		Description	Value

	Common Stocks – (continued)
	Consumer Finance – (continued)
	122,938	Synchrony Financial	$ 4,115,964

			7,906,637

	Distributors – 1.4%
	198,620	LKQ Corp.	10,892,321
	12,298	Pool Corp.	4,398,994

			15,291,315

	Diversified Consumer Services – 0.0%^(a)
	4,550	Bright Horizons Family Solutions, Inc.*	426,199

	Electronic Equipment, Instruments & Components – 0.6%
	37,979	CDW Corp.	6,894,328

	Entertainment – 0.2%
	20,788	Live Nation Entertainment, Inc.*	1,953,864

	Equity Real Estate Investment Trusts (REITs) – 4.5%
	79,247	Camden Property Trust REIT	11,181,752
	27,075	Crown Castle, Inc. REIT	4,891,369
	40,594	CubeSmart REIT	1,862,047
	10,011	Equity LifeStyle Properties, Inc. REIT	736,009
	11,090	Extra Space Storage, Inc. REIT	2,101,777
	69,146	Life Storage, Inc. REIT	8,704,790
	8,104	Mid-America Apartment Communities, Inc. REIT	1,505,156
	33,580	National Storage Affiliates Trust REIT	1,841,527
	39,944	Public Storage REIT	13,038,121
	11,536	SBA Communications Corp. REIT	3,873,673

			49,736,221

	Food & Staples Retailing – 1.3%
	22,532	Casey’s General Stores, Inc.	4,566,110
	8,593	Costco Wholesale Corp.	4,651,391
	57,660	Sysco Corp.	4,895,334

			14,112,835

	Food Products – 0.1%
	9,551	Mondelez International, Inc., Class A	611,646

	Health Care Equipment & Supplies – 0.2%
	1,397	ABIOMED, Inc.*	409,335
	21,525	Dexcom, Inc.*	1,766,772



Shares		Description	Value

	Common Stocks – (continued)
	Health Care Equipment & Supplies – (continued)
	6,983	Tandem Diabetes Care, Inc.*	$ 462,344

			2,638,451

	Health Care Providers & Services – 3.2%
	43,486	DaVita, Inc.*	3,659,782
	9,320	Elevance Health, Inc.	4,446,572
	36,610	Molina Healthcare, Inc.*	11,997,829
	28,031	UnitedHealth Group, Inc.	15,202,332

			35,306,515

	Hotels, Restaurants & Leisure – 3.1%
	23,768	Airbnb, Inc., Class A*	2,637,773
	2,758	Booking Holdings, Inc.*	5,338,633
	68,810	Choice Hotels International, Inc.	8,317,065
	29,797	Churchill Downs, Inc.	6,251,410
	23,129	Marriott International, Inc., Class A	3,673,348
	120,668	Wyndham Hotels & Resorts, Inc.	8,375,566

			34,593,795

	Household Durables – 0.7%
	1,745	NVR, Inc.*	7,665,960

	Household Products – 1.1%
	88,136	Kimberly-Clark Corp.	11,615,443

	Insurance – 0.2%
	10,403	Marsh & McLennan Cos., Inc.	1,705,676

	Interactive Media & Services – 5.7%
	522,258	Alphabet, Inc., Class C*	60,916,173
	21,852	Match Group, Inc.*	1,601,970

			62,518,143

	Internet & Direct Marketing Retail – 5.6%
	451,983	Amazon.com, Inc.*	60,995,106
	31,669	Chewy, Inc., Class A*^(b)	1,229,074

			62,224,180

	IT Services – 3.8%
	1,225	Accenture PLC, Class A	375,169
	6,940	Cloudflare, Inc., Class A*	349,221
	45,934	Gartner, Inc.*	12,194,558
	18,511	Mastercard, Inc., Class A	6,549,007



Shares		Description	Value

	Common Stocks – (continued)
	IT Services – (continued)
	5,718	MongoDB, Inc.*	$ 1,786,703
	38,200	Snowflake, Inc., Class A*	5,726,562
	199,609	Toast, Inc., Class A*	3,189,752
	16,251	VeriSign, Inc.*	3,074,039
	43,384	Visa, Inc., Class A	9,202,180

			42,447,191

	Life Sciences Tools & Services – 2.9%
	81,194	Agilent Technologies, Inc.	10,888,116
	166,350	Avantor, Inc.*	4,827,477
	61,656	Bruker Corp.	4,226,519
	66,793	Maravai LifeSciences Holdings, Inc., Class A*	1,742,629
	6,462	Mettler-Toledo International, Inc.*	8,721,955
	32,875	QIAGEN NV*	1,631,915

			32,038,611

	Machinery – 0.8%
	16,582	Allison Transmission Holdings, Inc.	694,288
	42,004	Caterpillar, Inc.	8,327,293

			9,021,581

	Media – 1.2%
	28,176	Charter Communications, Inc., Class A*	12,174,850
	11,730	Liberty Broadband Corp., Class C*	1,277,749

			13,452,599

	Metals & Mining – 0.2%
	70,095	Freeport-McMoRan, Inc.	2,211,497

	Mortgage Real Estate Investment Trusts (REITs) – 0.1%
	142,482	Annaly Capital Management, Inc. REIT	980,276

	Multiline Retail – 1.1%
	47,465	Dollar General Corp.	11,791,730

	Oil, Gas & Consumable Fuels – 0.7%
	42,710	Antero Resources Corp.*	1,693,024
	3,233	EOG Resources, Inc.	359,574
	133,177	Kinder Morgan, Inc.	2,395,854
	6,204	Marathon Petroleum Corp.	568,659
	10,841	Pioneer Natural Resources Co.	2,568,775

			7,585,886



Shares		Description	Value

	Common Stocks – (continued)
	Pharmaceuticals – 1.2%
	6,985	Eli Lilly & Co.	$ 2,302,885
	123,159	Merck & Co., Inc.	11,003,025

			13,305,910

	Professional Services – 0.7%
	81,082	Booz Allen Hamilton Holding Corp.	7,782,250

	Road & Rail – 2.4%
	372,043	CSX Corp.	12,028,150
	20,757	Old Dominion Freight Line, Inc.	6,299,957
	34,955	Union Pacific Corp.	7,945,272

			26,273,379

	Semiconductors & Semiconductor Equipment – 6.8%
	10,224	Advanced Micro Devices, Inc.*	965,861
	22,716	Applied Materials, Inc.	2,407,442
	42,639	Broadcom, Inc.	22,832,332
	14,460	Enphase Energy, Inc.*	4,109,243
	7,052	Lam Research Corp.	3,529,597
	45,456	Microchip Technology, Inc.	3,130,100
	12,003	Monolithic Power Systems, Inc.	5,578,034
	114,552	NVIDIA Corp.	20,806,080
	47,530	ON Semiconductor Corp.*	3,174,053
	48,198	Texas Instruments, Inc.	8,622,140

			75,154,882

	Software – 19.7%
	2,229	Adobe, Inc.*	914,157
	2,114	Aspen Technology, Inc.*	431,446
	27,006	Autodesk, Inc.*	5,841,938
	5,465	Cadence Design Systems, Inc.*	1,016,927
	14,037	Datadog, Inc., Class A*	1,431,914
	83,850	Fortinet, Inc.*	5,001,653
	32,681	Intuit, Inc.	14,908,092
	46,260	Manhattan Associates, Inc.*	6,507,394
	459,931	Microsoft Corp.	129,121,029
	27,798	Palo Alto Networks, Inc.*	13,873,982
	34,017	Paycom Software, Inc.*	11,242,278
	23,983	ServiceNow, Inc.*	10,712,247
	28,322	Synopsys, Inc.*	10,408,335
	18,706	Workday, Inc., Class A*	2,901,301



Shares		Description	Value

	Common Stocks – (continued)
	Software – (continued)
	22,392	Zscaler, Inc.*	$ 3,472,104

			217,784,797

	Specialty Retail – 1.8%
	20,246	AutoNation, Inc.*	2,404,010
	5,918	AutoZone, Inc.*	12,649,074
	11,662	Home Depot, Inc. (The)	3,509,562
	83,168	Leslie’s, Inc.*	1,260,827

			19,823,473

	Technology Hardware, Storage & Peripherals – 11.6%
	788,714	Apple, Inc.	128,173,912

	TOTAL COMMON STOCKS
	(Cost $729,980,044)		$1,095,092,951

	TOTAL INVESTMENTS BEFORE SECURITIES LENDING REINVESTMENT VEHICLE
	(Cost $729,980,044)		$1,095,092,951


Shares		Dividend Rate	Value

	Securities Lending Reinvestment Vehicle – 0.1%^(c)
	Goldman Sachs Financial Square Government Fund – Institutional Shares
	1,200,000	2.062%	$ 1,200,000
	(Cost $1,200,000)

	TOTAL INVESTMENTS – 99.3%
	(Cost $731,180,044)		$1,096,292,951

	OTHER ASSETS IN EXCESS OF LIABILITIES – 0.7%		7,185,016

	NET ASSETS – 100.0%		$1,103,477,967



The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets.

*		Non-income producing security.

(a)		Less than 0.05%

(b)		All or a portion of security is on loan.

(c)		Represents an affiliated issuer.



Investment Abbreviations:
PLC		— Public Limited Company
REIT		— Real Estate Investment Trust

FUTURES CONTRACTS — At July 31, 2022, the Fund had the following futures contracts:



Shares		Description	Value

	Common Stocks – 99.7%
	Aerospace & Defense – 1.8%
	21,600	General Dynamics Corp.	$ 4,896,072
	38,524	Howmet Aerospace, Inc.	1,430,396
	10,637	Textron, Inc.	698,213

			7,024,681

	Airlines – 0.1%
	7,384	Copa Holdings SA, Class A (Panama)*	496,352

	Automobiles – 2.2%
	227,370	Ford Motor Co.	3,340,065
	143,312	General Motors Co.*	5,196,493

			8,536,558

	Banks – 3.4%
	31,519	Bank of America Corp.	1,065,657
	31,294	Citizens Financial Group, Inc.	1,188,233
	26,538	East West Bancorp, Inc.	1,904,898
	28,327	JPMorgan Chase & Co.	3,267,803
	88,939	KeyCorp	1,627,584
	63,142	PacWest Bancorp	1,769,870
	2,392	Pinnacle Financial Partners, Inc.	189,207
	4,644	Signature Bank	861,787
	5,057	Webster Financial Corp.	234,898
	12,696	Wintrust Financial Corp.	1,092,364

			13,202,301

	Beverages – 0.4%
	44,763	Keurig Dr Pepper, Inc.	1,734,119

	Biotechnology – 3.4%
	20,507	Biogen, Inc.*	4,410,235
	88,750	Gilead Sciences, Inc.	5,302,812
	16,412	Horizon Therapeutics PLC*	1,361,704
	9,741	Incyte Corp.*	756,681
	3,932	Moderna, Inc.*	645,202
	1,520	Regeneron Pharmaceuticals, Inc.*	884,169

			13,360,803

	Building Products – 0.5%
	8,698	Lennox International, Inc.	2,083,432

	Capital Markets – 6.8%
	104,811	Bank of New York Mellon Corp. (The)	4,555,086



Shares		Description	Value

	Common Stocks – (continued)
	Capital Markets – (continued)
	16,294	Cboe Global Markets, Inc.	$ 2,010,354
	74,117	Charles Schwab Corp. (The)	5,117,779
	9,801	CME Group, Inc.	1,955,103
	25,141	Interactive Brokers Group, Inc., Class A	1,475,525
	50,278	Intercontinental Exchange, Inc.	5,127,853
	14,279	Northern Trust Corp.	1,424,759
	9,489	Raymond James Financial, Inc.	934,382
	23,426	State Street Corp.	1,664,183
	33,453	Stifel Financial Corp.	2,000,824

			26,265,848

	Chemicals – 2.0%
	2,138	Air Products and Chemicals, Inc.	530,716
	31,424	Dow, Inc.	1,672,071
	17,583	DuPont de Nemours, Inc.	1,076,607
	3,879	International Flavors & Fragrances, Inc.	481,190
	11,481	Linde PLC (United Kingdom)	3,467,262
	6,791	Mosaic Co. (The)	357,614

			7,585,460

	Commercial Services & Supplies – 1.0%
	335	Cintas Corp.	142,539
	27,260	Republic Services, Inc.	3,779,872

			3,922,411

	Communications Equipment – 2.0%
	172,996	Cisco Systems, Inc.	7,848,829

	Construction & Engineering – 0.4%
	11,505	AECOM	828,360
	7,433	MasTec, Inc.*	586,687

			1,415,047

	Consumer Finance – 2.3%
	42,603	Capital One Financial Corp.	4,679,088
	127,348	Synchrony Financial	4,263,611

			8,942,699

	Containers & Packaging – 0.7%
	67,145	International Paper Co.	2,871,792

	Distributors – 1.1%
	77,061	LKQ Corp.	4,226,025



Shares		Description	Value

	Common Stocks – (continued)
	Diversified Consumer Services – 0.3%
	16,272	Service Corp. International	$ 1,211,613

	Diversified Financial Services – 4.6%
	50,641	Berkshire Hathaway, Inc., Class B*	15,222,684
	29,386	Equitable Holdings, Inc.	835,444
	32,667	Voya Financial, Inc.	1,965,247

			18,023,375

	Diversified Telecommunication Services – 0.5%
	78,017	AT&T, Inc.	1,465,159
	12,786	Liberty Global PLC, Class C (United Kingdom) *	292,672
	3,187	Verizon Communications, Inc.	147,207

			1,905,038

	Electric Utilities – 1.6%
	47,738	Eversource Energy	4,211,446
	12,232	Exelon Corp.	568,666
	8,764	NextEra Energy, Inc.	740,470
	8,869	Xcel Energy, Inc.	649,034

			6,169,616

	Electrical Equipment – 1.7%
	30,860	AMETEK, Inc.	3,811,210
	29,281	Emerson Electric Co.	2,637,340

			6,448,550

	Electronic Equipment, Instruments & Components – 0.8%
	7,935	Teledyne Technologies, Inc.*	3,105,759

	Energy Equipment & Services – 0.6%
	63,210	Schlumberger NV	2,340,666

	Entertainment – 1.0%
	16,084	AMC Entertainment Holdings, Inc., Class A*	234,183
	18,837	Live Nation Entertainment, Inc.*	1,770,490
	3,911	Netflix, Inc.*	879,584
	76,646	Warner Bros Discovery, Inc.*	1,149,690

			4,033,947

	Equity Real Estate Investment Trusts (REITs) – 8.4%
	30,519	Camden Property Trust REIT	4,306,231
	55,403	CubeSmart REIT	2,541,336



Shares		Description	Value

	Common Stocks – (continued)
	Equity Real Estate Investment Trusts (REITs) – (continued)
	3,120	EPR Properties REIT	$ 167,887
	16,995	Extra Space Storage, Inc. REIT	3,220,892
	69,261	First Industrial Realty Trust, Inc. REIT	3,598,109
	39,520	Healthpeak Properties, Inc. REIT	1,091,938
	34,754	Host Hotels & Resorts, Inc. REIT	618,969
	32,201	Life Storage, Inc. REIT	4,053,784
	24,641	Mid-America Apartment Communities, Inc. REIT	4,576,573
	29,687	National Storage Affiliates Trust REIT	1,628,035
	57,994	Park Hotels & Resorts, Inc. REIT	904,126
	7,527	Public Storage REIT	2,456,888
	7,025	SBA Communications Corp.	2,358,925
	18,757	STORE Capital Corp. REIT	544,328
	7,536	Ventas, Inc. REIT	405,286

			32,473,307

	Food & Staples Retailing – 0.7%
	13,409	Casey’s General Stores, Inc.	2,717,334

	Food Products – 1.7%
	20,461	Campbell Soup Co.	1,009,750
	90,025	Mondelez International, Inc., Class A	5,765,201

			6,774,951

	Health Care Equipment & Supplies – 3.5%
	38,743	Abbott Laboratories	4,216,788
	6,501	Boston Scientific Corp.*	266,866
	22,469	Envista Holdings Corp.*	913,365
	8,619	Hologic, Inc.*	615,224
	69,570	Medtronic PLC	6,436,617
	7,434	QuidelOrtho Corp.*	758,565
	2,130	Teleflex, Inc.	512,180

			13,719,605

	Health Care Providers & Services – 4.6%
	47,545	Centene Corp.*	4,420,259
	7,858	CVS Health Corp.	751,853
	11,099	Elevance Health, Inc.	5,295,333
	1,131	Humana, Inc.	545,142
	12,700	Molina Healthcare, Inc.*	4,162,044
	22,532	Universal Health Services, Inc., Class B	2,534,174

			17,708,805



Shares		Description	Value

	Common Stocks – (continued)
	Hotels, Restaurants & Leisure – 1.0%
	11,099	Aramark	$ 370,707
	8,346	Hyatt Hotels Corp., Class A*	690,631
	22,816	Yum! Brands, Inc.	2,795,873

			3,857,211

	Household Durables – 0.7%
	13,131	Garmin Ltd.	1,281,848
	7,853	Whirlpool Corp.	1,357,548

			2,639,396

	Household Products – 2.0%
	17,216	Kimberly-Clark Corp.	2,268,896
	40,837	Procter & Gamble Co. (The)	5,672,668

			7,941,564

	Insurance – 1.7%
	4,926	CNA Financial Corp.	208,961
	21,939	Globe Life, Inc.	2,209,916
	33,077	MetLife, Inc.	2,092,120
	6,474	Travelers Cos., Inc. (The)	1,027,424
	18,970	W R Berkley Corp.	1,186,194

			6,724,615

	Interactive Media & Services – 2.0%
	9,220	Alphabet, Inc., Class A*	1,072,471
	39,644	Meta Platforms, Inc., Class A*	6,307,360
	23,089	TripAdvisor, Inc.*	438,922

			7,818,753

	IT Services – 2.8%
	21,122	Cognizant Technology Solutions Corp., Class A	1,435,451
	6,244	DXC Technology Co.*	197,310
	15,293	Gartner, Inc.*	4,059,986
	2,268	Global Payments, Inc.	277,422
	2,231	Snowflake, Inc., Class A*	334,449
	23,054	VeriSign, Inc.*	4,360,895
	18,771	Western Union Co. (The)	319,482

			10,984,995

	Life Sciences Tools & Services – 3.2%
	4,615	Agilent Technologies, Inc.	618,871
	64,995	QIAGEN NV*	3,226,352



Shares		Description	Value

	Common Stocks – (continued)
	Life Sciences Tools & Services – (continued)
	11,438	Syneos Health, Inc.*	$ 905,203
	12,633	Thermo Fisher Scientific, Inc.	7,559,714

			12,310,140

	Machinery – 2.2%
	60,090	Otis Worldwide Corp.	4,697,235
	9,820	PACCAR, Inc.	898,727
	7,591	Parker-Hannifin Corp.	2,194,482
	4,053	Snap-on, Inc.	908,075

			8,698,519

	Media – 1.7%
	3,387	Charter Communications, Inc., Class A*	1,463,523
	6,472	Comcast Corp., Class A	242,830
	26,797	Liberty Broadband Corp., Class C*	2,918,997
	122,246	News Corp., Class A	2,095,296

			6,720,646

	Metals & Mining – 1.3%
	132,631	Freeport-McMoRan, Inc.	4,184,508
	9,805	Steel Dynamics, Inc.	763,613

			4,948,121

	Mortgage Real Estate Investment Trusts (REITs) – 1.0%
	511,350	Annaly Capital Management, Inc. REIT	3,518,088
	16,061	Rithm Capital Corp. REIT	175,225

			3,693,313

	Multi-Utilities – 1.3%
	62,592	CMS Energy Corp.	4,301,948
	3,695	DTE Energy Co.	481,458
	1,959	WEC Energy Group, Inc.	203,364

			4,986,770

	Oil, Gas & Consumable Fuels – 6.3%
	17,729	Chevron Corp.	2,903,656
	49,567	ConocoPhillips	4,829,313
	67,492	Exxon Mobil Corp.	6,541,999
	250,773	Kinder Morgan, Inc.	4,511,406
	49,437	Marathon Oil Corp.	1,226,038
	25,558	Marathon Petroleum Corp.	2,342,646
	26,347	ONEOK, Inc.	1,573,970



Shares		Description	Value

	Common Stocks – (continued)
	Oil, Gas & Consumable Fuels – (continued)
	1,551	Pioneer Natural Resources Co.	$ 367,509

			24,296,537

	Pharmaceuticals – 3.7%
	32,514	Johnson & Johnson	5,674,343
	71,809	Merck & Co., Inc.	6,415,416
	48,101	Pfizer, Inc.	2,429,582

			14,519,341

	Road & Rail – 3.0%
	157,088	CSX Corp.	5,078,655
	26,979	Knight-Swift Transportation Holdings, Inc.	1,482,496
	20,590	Norfolk Southern Corp.	5,171,590

			11,732,741

	Semiconductors & Semiconductor Equipment – 1.6%
	7,148	Broadcom, Inc.	3,827,611
	38,009	Intel Corp.	1,380,107
	1,988	Micron Technology, Inc.	122,978
	5,855	ON Semiconductor Corp.*	390,997
	2,216	Texas Instruments, Inc.	396,420

			6,118,113

	Software – 2.6%
	4,362	Microsoft Corp.	1,224,588
	21,110	Oracle Corp.	1,643,202
	6,688	Palo Alto Networks, Inc.*	3,337,981
	1,592	Paycom Software, Inc.*	526,140
	6,240	Roper Technologies, Inc.	2,724,821
	304	ServiceNow, Inc.*	135,785
	257	Synopsys, Inc.*	94,447
	1,876	VMware, Inc., Class A	217,991

			9,904,955

	Specialty Retail – 1.9%
	1,898	Advance Auto Parts, Inc.	367,491
	15,030	AutoNation, Inc.*	1,784,662
	1,715	AutoZone, Inc.*	3,665,624
	3,536	GameStop Corp., Class A*^(a)	120,259
	11,578	Penske Automotive Group, Inc.	1,325,565

			7,263,601



Shares		Description	Value

	Common Stocks – (continued)
	Technology Hardware, Storage & Peripherals – 0.9%
	37,321	Dell Technologies, Inc., Class C	$ 1,681,684
	126,716	Hewlett Packard Enterprise Co.	1,804,436

			3,486,120

	Textiles, Apparel & Luxury Goods – 0.2%
	15,615	Capri Holdings Ltd.*	760,138

	Tobacco – 0.5%
	40,629	Altria Group, Inc.	1,781,988

	TOTAL COMMON STOCKS
	(Cost $378,064,492)		$387,336,500

	TOTAL INVESTMENTS BEFORE SECURITIES LENDING REINVESTMENT VEHICLE
	(Cost $378,064,492)		$387,336,500


Shares		Dividend Rate	Value

	Securities Lending Reinvestment Vehicle – 0.0%
	Goldman Sachs Financial Square Government Fund – Institutional Shares
	111,200	2.062%	$ 111,200
	(Cost $111,200)

	TOTAL INVESTMENTS – 99.7%
	(Cost $378,175,692)		$387,447,700

	OTHER ASSETS IN EXCESS OF LIABILITIES – 0.3%		1,040,810

	NET ASSETS – 100.0%		$388,488,510



The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets.

*		Non-income producing security.

(a)		All or a portion of security is on loan.



Investment Abbreviations:
PLC		— Public Limited Company
REIT		— Real Estate Investment Trust



Shares		Description	Value

	Common Stocks – 99.0%
	Aerospace & Defense – 0.5%
	17,270	AAR Corp.*	$ 769,033
	2,091	Kratos Defense & Security Solutions, Inc.*	30,090
	2,457	Maxar Technologies, Inc.	67,518
	6,812	National Presto Industries, Inc.	485,014
	23,286	V2X, Inc.*	774,027
	13,438	Virgin Galactic Holdings, Inc.*	99,979

			2,225,661

	Air Freight & Logistics – 0.3%
	11,075	Forward Air Corp.	1,162,100

	Auto Components – 0.2%
	21,596	Goodyear Tire & Rubber Co. (The)*	265,199
	10,015	Holley, Inc.*	80,020
	49,142	Luminar Technologies, Inc.*^(a)	332,200

			677,419

	Automobiles – 0.0%^(b)
	5,666	Fisker, Inc.*^(a)	54,280

	Banks – 9.4%
	31,381	1st Source Corp.	1,513,192
	49,272	Ameris Bancorp	2,330,073
	6,518	Atlantic Union Bankshares Corp.	225,458
	61,396	Bancorp, Inc. (The)*	1,510,342
	28,509	BayCom Corp.	558,491
	9,102	Berkshire Hills Bancorp, Inc.	256,403
	3,972	Business First Bancshares, Inc.	93,262
	25,149	Cadence Bank	656,389
	2,343	Capital Bancorp, Inc.	58,551
	6,819	Capital City Bank Group, Inc.	220,867
	98,839	Central Pacific Financial Corp.	2,340,507
	95,907	Columbia Banking System, Inc.	2,893,514
	23,702	Community Bank System, Inc.	1,595,856
	34,193	CrossFirst Bankshares, Inc.*	469,128
	2,631	Enterprise Financial Services Corp.	123,736
	1,821	Esquire Financial Holdings, Inc.	65,957
	6,945	First Bancorp, Inc. (The)	209,774
	15,506	First Bancshares, Inc. (The)	449,674
	14,805	First Financial Bancorp	330,744
	59,145	First Financial Bankshares, Inc.	2,613,026
	7,474	FVCBankcorp, Inc.*	143,127
	3,636	Great Southern Bancorp, Inc.	225,214



Shares		Description	Value

	Common Stocks – (continued)
	Banks – (continued)
	15,270	Guaranty Bancshares, Inc.	$ 570,640
	34,491	Hancock Whitney Corp.	1,683,506
	79,758	Hanmi Financial Corp.	2,015,485
	7,825	HomeTrust Bancshares, Inc.	188,895
	182,371	Hope Bancorp, Inc.	2,742,860
	16,362	Independent Bank Corp.	343,275
	74,085	International Bancshares Corp.	3,249,368
	5,949	Macatawa Bank Corp.	55,326
	11,517	Metrocity Bankshares, Inc.	238,517
	3,416	National Bank Holdings Corp., Class A	142,174
	24,303	Northeast Bank	967,259
	74,259	OFG Bancorp (Puerto Rico)	2,039,895
	27,067	Origin Bancorp, Inc.	1,165,776
	29,577	PCB Bancorp	569,949
	1,270	Peoples Financial Services Corp.	67,615
	2,718	Professional Holding Corp., Class A*	61,019
	4,378	Sandy Spring Bancorp, Inc.	180,811
	9,272	Sierra Bancorp	208,156
	7,193	Silvergate Capital Corp., Class A*	671,035
	6,729	Southern First Bancshares, Inc.*	301,123
	33,786	Towne Bank	1,009,188
	91,643	Trustmark Corp.	2,975,648
	85,219	United Community Banks, Inc.	2,900,002

			43,230,807

	Beverages – 0.6%
	5,299	Coca-Cola Consolidated, Inc.	2,718,387

	Biotechnology – 8.3%
	22,206	2seventy bio, Inc.*	319,544
	53,085	ACADIA Pharmaceuticals, Inc.*	779,819
	81,382	Affimed NV (Germany) *	230,311
	22,873	Alector, Inc.*	233,762
	119,339	Alkermes PLC*	3,055,078
	21,264	ALX Oncology Holdings, Inc.*	205,836
	147,076	Amicus Therapeutics, Inc.*	1,464,877
	2,453	Anika Therapeutics, Inc.*	57,302
	6,253	Apellis Pharmaceuticals, Inc.*	351,919
	21,562	Arbutus Biopharma Corp.*	49,808
	8,523	Arcturus Therapeutics Holdings, Inc.*	149,579
	59,542	Arcus Biosciences, Inc.*	1,583,222
	33,026	Arrowhead Pharmaceuticals, Inc.*	1,404,596
	125,680	Aurinia Pharmaceuticals, Inc. (Canada) *	1,028,062



Shares		Description	Value

	Common Stocks – (continued)
	Biotechnology – (continued)
	14,635	Beam Therapeutics, Inc.*^(a)	$ 921,712
	32,214	BioCryst Pharmaceuticals, Inc.*	354,998
	513	Biohaven Pharmaceutical Holding Co. Ltd.*	74,908
	15,713	Bluebird Bio, Inc.*	63,638
	19,538	Blueprint Medicines Corp.*	997,610
	24,462	Bridgebio Pharma, Inc.*	211,841
	125,508	Catalyst Pharmaceuticals, Inc.*	1,285,202
	12,657	ChemoCentryx, Inc.*	298,958
	35,287	CTI BioPharma Corp.*	230,777
	20,186	Cullinan Oncology, Inc.*	272,713
	24,689	Day One Biopharmaceuticals, Inc.*	422,923
	22,162	Deciphera Pharmaceuticals, Inc.*	281,236
	26,162	Denali Therapeutics, Inc.*	890,031
	14,233	Design Therapeutics, Inc.*	279,251
	27,396	Dynavax Technologies Corp.*	393,954
	28,319	Eagle Pharmaceuticals, Inc.*	1,124,264
	70,589	Erasca, Inc.*^(a)	532,241
	49,373	Fate Therapeutics, Inc.*	1,507,358
	31,308	Generation Bio Co.*	199,745
	19,210	Global Blood Therapeutics, Inc.*	628,551
	52,672	Gossamer Bio, Inc.*	591,507
	88,320	Heron Therapeutics, Inc.*^(a)	245,530
	15,978	IGM Biosciences, Inc.*	257,406
	28,952	Insmed, Inc.*	640,418
	12,689	Instil Bio, Inc.*	71,566
	7,734	Intellia Therapeutics, Inc.*	500,854
	19,796	Intercept Pharmaceuticals, Inc.*^(a)	252,597
	17,650	iTeos Therapeutics, Inc.*	431,719
	60,338	IVERIC bio, Inc.*	645,013
	46,233	KalVista Pharmaceuticals, Inc.*	570,978
	14,963	Keros Therapeutics, Inc.*	480,013
	59,907	Kezar Life Sciences, Inc.*	585,291
	13,898	Kodiak Sciences, Inc.*	138,285
	56,279	Kura Oncology, Inc.*	861,631
	71,602	MannKind Corp.*	247,027
	7,929	MeiraGTx Holdings PLC*	65,652
	7,052	Nkarta, Inc.*^(a)	95,273
	37,791	Nurix Therapeutics, Inc.*	603,144
	147,140	Organogenesis Holdings, Inc.*	844,584
	11,000	PMV Pharmaceuticals, Inc.*	164,450
	68,374	Point Biopharma Global, Inc.*^(a)	501,865
	29,064	Praxis Precision Medicines, Inc.*	102,596
	9,042	Protagonist Therapeutics, Inc.*	89,968



Shares		Description	Value

	Common Stocks – (continued)
	Biotechnology – (continued)
	27,620	Prothena Corp. PLC (Ireland) *	$ 857,877
	19,955	PTC Therapeutics, Inc.*	869,040
	7,859	Rallybio Corp.*	73,324
	2,141	Sage Therapeutics, Inc.*	73,672
	19,558	Sana Biotechnology, Inc.*^(a)	130,647
	60,769	Seres Therapeutics, Inc.*	249,761
	107,090	Sutro Biopharma, Inc.*	626,477
	28,494	Travere Therapeutics, Inc.*	670,749
	174,390	Vanda Pharmaceuticals, Inc.*	1,879,924
	86,306	VBI Vaccines, Inc.*	73,421
	21,164	Vir Biotechnology, Inc.*	588,571
	36,578	Xencor, Inc.*	1,049,423
	3,650	Zentalis Pharmaceuticals, Inc.*	106,580

			38,122,459

	Building Products – 0.5%
	3,827	CSW Industrials, Inc.	457,212
	16,356	Janus International Group, Inc.*	166,340
	19,579	UFP Industries, Inc.	1,805,380

			2,428,932

	Capital Markets – 1.1%
	4,362	Focus Financial Partners, Inc., Class A*	176,356
	7,859	Houlihan Lokey, Inc.	664,557
	19,496	Moelis & Co., Class A	908,124
	7,184	Open Lending Corp., Class A*	74,426
	60,500	Oppenheimer Holdings, Inc., Class A	2,032,195
	677	Piper Sandler Cos.	85,437
	41,159	Victory Capital Holdings, Inc., Class A	1,138,870

			5,079,965

	Chemicals – 2.2%
	17,323	American Vanguard Corp.	405,531
	8,281	Avient Corp.	357,325
	3,158	Balchem Corp.	428,730
	100,737	Diversey Holdings Ltd.*	754,520
	34,438	FutureFuel Corp.	247,609
	4,246	Ingevity Corp.*	284,907
	22,834	Innospec, Inc.	2,329,068
	7,798	Intrepid Potash, Inc.*	355,589
	82,650	LSB Industries, Inc.*	1,141,396
	2,209	Mativ, Inc.	48,267
	25,969	Minerals Technologies, Inc.	1,734,989



Shares		Description	Value

	Common Stocks – (continued)
	Chemicals – (continued)
	18,714	Sensient Technologies Corp.	$ 1,609,030
	32,664	Tronox Holdings PLC, Class A	509,885

			10,206,846

	Commercial Services & Supplies – 1.6%
	86,092	ACV Auctions, Inc., Class A*	636,220
	26,031	BrightView Holdings, Inc.*	342,047
	73,219	Ennis, Inc.	1,599,835
	11,312	Healthcare Services Group, Inc.	162,214
	86,527	Heritage-Crystal Clean, Inc.*	2,903,846
	40,071	Matthews International Corp., Class A	1,119,985
	45,394	Pitney Bowes, Inc.	148,438
	2,846	UniFirst Corp.	557,503

			7,470,088

	Communications Equipment – 0.7%
	7,519	Clearfield, Inc.*	740,997
	171,739	Harmonic, Inc.*	1,875,390
	22,088	NetScout Systems, Inc.*	785,891

			3,402,278

	Construction & Engineering – 1.7%
	11,948	Arcosa, Inc.	616,039
	18,241	Argan, Inc.	677,836
	1,655	Comfort Systems USA, Inc.	174,867
	3,013	Construction Partners, Inc., Class A*	71,649
	12,421	Dycom Industries, Inc.*	1,281,350
	2,604	EMCOR Group, Inc.	303,027
	63,608	Fluor Corp.*	1,616,279
	62,216	Primoris Services Corp.	1,453,366
	49,263	Sterling Infrastructure, Inc.*	1,266,552
	39,144	Tutor Perini Corp.*	355,428

			7,816,393

	Construction Materials – 0.3%
	45,219	Summit Materials, Inc., Class A*	1,243,975
	412	United States Lime & Minerals, Inc.	42,382

			1,286,357

	Consumer Finance – 0.9%
	34,068	FirstCash Holdings, Inc.	2,495,822
	7,801	Nelnet, Inc., Class A	741,797
	3,483	Oportun Financial Corp.*	31,974



Shares		Description	Value

	Common Stocks – (continued)
	Consumer Finance – (continued)
	23,400	Regional Management Corp.	$ 959,400

			4,228,993

	Diversified Consumer Services – 0.8%
	1,583	Carriage Services, Inc.	57,431
	13,407	Duolingo, Inc.*^(a)	1,230,093
	52,975	Stride, Inc.*	2,366,923

			3,654,447

	Diversified Financial Services – 0.3%
	12,654	A-Mark Precious Metals, Inc.	383,416
	83,092	Banco Latinoamericano de Comercio Exterior SA, Class E (Panama)	1,150,824

			1,534,240

	Diversified Telecommunication Services – 0.5%
	17,649	Cogent Communications Holdings, Inc.	1,126,183
	364,547	Globalstar, Inc.*	510,366
	16,962	Iridium Communications, Inc.*	758,371
	5,388	Ooma, Inc.*	64,279
	11,482	Starry Group Holdings, Inc., Class A*	36,742

			2,495,941

	Electric Utilities – 0.3%
	14,476	MGE Energy, Inc.	1,178,057

	Electrical Equipment – 1.9%
	20,015	Atkore, Inc.*	1,986,889
	19,962	Bloom Energy Corp., Class A*	403,831
	25,260	Encore Wire Corp.	3,497,752
	20,636	Powell Industries, Inc.	494,439
	58,917	Shoals Technologies Group, Inc., Class A*	1,392,209
	22,185	Thermon Group Holdings, Inc.*	345,420
	5,129	Vicor Corp.*	374,212

			8,494,752

	Electronic Equipment, Instruments & Components – 2.6%
	2,479	Badger Meter, Inc.	238,455
	15,688	Belden, Inc.	1,015,327
	48,996	CTS Corp.	1,993,157
	34,769	ePlus, Inc.*	1,932,113
	19,202	Fabrinet (Thailand) *	1,844,544
	12,743	PC Connection, Inc.	604,401



Shares		Description	Value

	Common Stocks – (continued)
	Electronic Equipment, Instruments & Components – (continued)
	2,467	ScanSource, Inc.*	$ 78,821
	19,023	TTM Technologies, Inc.*	257,381
	123,789	Vishay Intertechnology, Inc.	2,557,481
	43,659	Vishay Precision Group, Inc.*	1,361,288

			11,882,968

	Energy Equipment & Services – 0.8%
	5,797	Cactus, Inc., Class A	241,097
	39,121	Liberty Energy, Inc.*	555,518
	37,183	NexTier Oilfield Solutions, Inc.*	370,715
	26,858	Noble Corp.*	805,740
	97,897	Oil States International, Inc.*	499,275
	124,114	RPC, Inc.*	1,012,770
	12,213	TETRA Technologies, Inc.*	53,493
	3,990	US Silica Holdings, Inc.*	55,182

			3,593,790

	Entertainment – 0.9%
	115,746	Cinemark Holdings, Inc.*	2,121,624
	104,454	IMAX Corp.*	1,755,872
	21,763	Marcus Corp. (The)*	357,566

			4,235,062

	Equity Real Estate Investment Trusts (REITs) – 7.0%
	81,581	Alexander & Baldwin, Inc. REIT	1,624,278
	100,224	Apple Hospitality REIT, Inc. REIT	1,671,736
	52,265	Armada Hoffler Properties, Inc. REIT	741,118
	108,103	Chatham Lodging Trust REIT*	1,314,533
	60,411	City Office REIT, Inc. REIT	851,795
	3,724	Community Healthcare Trust, Inc. REIT	145,050
	76,875	DiamondRock Hospitality Co. REIT*	713,400
	20,506	Empire State Realty Trust, Inc., Class A REIT	174,916
	125,284	Essential Properties Realty Trust, Inc. REIT	3,021,850
	50,283	Franklin Street Properties Corp. REIT	190,573
	171,818	Global Medical REIT, Inc. REIT	2,092,743
	43,002	Independence Realty Trust, Inc. REIT	954,644
	6,742	Industrial Logistics Properties Trust REIT	67,622
	61,756	Macerich Co. (The) REIT	655,231
	42,011	NexPoint Residential Trust, Inc. REIT	2,795,412
	159,690	Outfront Media, Inc. REIT	2,947,877
	188,331	RLJ Lodging Trust REIT	2,352,254
	53,780	RPT Realty REIT	584,589
	5,093	Saul Centers, Inc. REIT	266,262



Shares		Description	Value

	Common Stocks – (continued)
	Equity Real Estate Investment Trusts (REITs) – (continued)
	92,904	SITE Centers Corp. REIT	$ 1,357,327
	108,420	STAG Industrial, Inc. REIT	3,554,008
	32,502	Tanger Factory Outlet Centers, Inc. REIT	528,808
	45,956	Terreno Realty Corp. REIT	2,879,143
	15,539	Universal Health Realty Income Trust REIT	837,552

			32,322,721

	Food & Staples Retailing – 0.6%
	25,578	Chefs’ Warehouse, Inc. (The)*	885,255
	19,187	Ingles Markets, Inc., Class A	1,831,591
	3,000	Weis Markets, Inc.	230,790

			2,947,636

	Food Products – 0.2%
	1,622	Alico, Inc.	59,106
	2,547	B&G Foods, Inc.^(a)	62,936
	4,117	Beyond Meat, Inc.*^(a)	131,703
	4,988	Cal-Maine Foods, Inc.	254,937
	5,238	Tootsie Roll Industries, Inc.	183,958

			692,640

	Gas Utilities – 0.3%
	15,485	ONE Gas, Inc.	1,315,296

	Health Care Equipment & Supplies – 3.9%
	23,274	AngioDynamics, Inc.*	528,087
	29,863	Artivion, Inc.*	585,315
	2,214	AtriCure, Inc.*	109,394
	76,534	Avanos Medical, Inc.*	2,171,270
	14,797	Axonics, Inc.*	959,881
	16,861	Cardiovascular Systems, Inc.*	259,828
	110,270	Cerus Corp.*	595,458
	9,124	Glaukos Corp.*	491,327
	5,015	Inari Medical, Inc.*	389,064
	16,205	Inspire Medical Systems, Inc.*	3,386,683
	3,087	iRadimed Corp.	130,426
	7,656	Lantheus Holdings, Inc.*	587,368
	24,893	LeMaitre Vascular, Inc.	1,253,363
	15,820	LivaNova PLC*	1,007,259
	632	Merit Medical Systems, Inc.*	36,327
	54,599	Neogen Corp.*^(a)	1,262,875
	22,995	Pulmonx Corp.*	391,835
	10,321	Shockwave Medical, Inc.*	2,177,008



Shares		Description	Value

	Common Stocks – (continued)
	Health Care Equipment & Supplies – (continued)
	31,827	Surmodics, Inc.*	$ 1,107,580
	7,123	Utah Medical Products, Inc.	650,615

			18,080,963

	Health Care Providers & Services – 2.3%
	3,940	Addus HomeCare Corp.*	365,671
	5,349	AirSculpt Technologies, Inc.*	41,562
	19,091	AMN Healthcare Services, Inc.*	2,146,592
	25,819	Aveanna Healthcare Holdings, Inc.*	54,736
	366,328	Brookdale Senior Living, Inc.*	1,765,701
	265,332	Cano Health, Inc.*	1,615,872
	4,970	Castle Biosciences, Inc.*	138,961
	63,295	Community Health Systems, Inc.*	188,619
	1,712	CorVel Corp.*	282,292
	28,995	Cross Country Healthcare, Inc.*	764,308
	37,434	Invitae Corp.*^(a)	71,125
	5,712	Joint Corp. (The)*	97,675
	13,731	National HealthCare Corp.	975,313
	26,400	OPKO Health, Inc.*	62,304
	5,088	Option Care Health, Inc.*	170,957
	60,360	Patterson Cos., Inc.	1,874,782

			10,616,470

	Health Care Technology – 0.7%
	28,456	Evolent Health, Inc., Class A*	967,219
	28,930	Nutex Health, Inc.*^(a)	76,375
	1,957	OptimizeRx Corp.*	43,974
	6,302	Phreesia, Inc.*	148,034
	48,287	Schrodinger, Inc.*	1,511,383
	8,646	Simulations Plus, Inc.	554,641

			3,301,626

	Hotels, Restaurants & Leisure – 2.1%
	33,218	Chuy’s Holdings, Inc.*	738,436
	50,968	Dave & Buster’s Entertainment, Inc.*	1,904,165
	34,331	Hilton Grand Vacations, Inc.*	1,399,675
	93,076	International Game Technology PLC	1,763,790
	4,172	Kura Sushi USA, Inc., Class A*	352,284
	2,365	Papa John’s International, Inc.	226,780
	1,988	RCI Hospitality Holdings, Inc.	113,236
	71,224	Red Rock Resorts, Inc., Class A	2,801,240



Shares		Description	Value

	Common Stocks – (continued)
	Hotels, Restaurants & Leisure – (continued)
	1,972	Shake Shack, Inc., Class A*	$ 101,479

			9,401,085

	Household Durables – 1.2%
	1,025	Cavco Industries, Inc.*	264,235
	17,112	Dream Finders Homes, Inc., Class A*^(a)	222,456
	36,615	Green Brick Partners, Inc.*	981,282
	7,625	Installed Building Products, Inc.	773,327
	9,330	KB Home	304,531
	3,686	LGI Homes, Inc.*	415,781
	38,803	M/I Homes, Inc.*	1,785,326
	1,407	Meritage Homes Corp.*	124,238
	10,300	Skyline Champion Corp.*	651,990
	6,236	Tri Pointe Homes, Inc.*	115,491

			5,638,657

	Household Products – 0.6%
	35,432	Energizer Holdings, Inc.	1,046,307
	8,992	WD-40 Co.	1,594,911

			2,641,218

	Independent Power and Renewable Electricity Producers – 0.2%
	31,922	Montauk Renewables, Inc.*^(a)	382,106
	23,532	Sunnova Energy International, Inc.*	612,303

			994,409

	Insurance – 4.6%
	65,843	American Equity Investment Life Holding Co.	2,473,063
	49,381	AMERISAFE, Inc.	2,249,798
	65,820	Argo Group International Holdings Ltd.	2,158,238
	55,576	BRP Group, Inc., Class A*	1,532,230
	42,673	CNO Financial Group, Inc.	800,119
	3,284	Crawford & Co., Class A	23,809
	56,410	Employers Holdings, Inc.	2,240,041
	367,527	Genworth Financial, Inc., Class A*	1,561,990
	30,360	Goosehead Insurance, Inc., Class A	1,706,535
	2,890	Kinsale Capital Group, Inc.	702,877
	1,889	National Western Life Group, Inc., Class A	381,578
	27,924	Palomar Holdings, Inc.*	1,741,620
	32,615	ProAssurance Corp.	721,770
	50,232	Stewart Information Services Corp.	2,745,179

			21,038,847



Shares		Description	Value

	Common Stocks – (continued)
	Interactive Media & Services – 1.2%
	41,293	Bumble, Inc., Class A*	$ 1,565,830
	64,018	Cargurus, Inc.*	1,554,997
	40,191	DHI Group, Inc.*	196,534
	50,697	Eventbrite, Inc., Class A*	474,524
	66,750	Vimeo, Inc.*	371,130
	65,090	ZipRecruiter, Inc., Class A*	1,141,028

			5,304,043

	Internet & Direct Marketing Retail – 0.6%
	57,832	aka Brands Holding Corp.*	108,724
	63,261	CarParts.com, Inc.*	504,823
	8,347	Liquidity Services, Inc.*	168,025
	13,981	PetMed Express, Inc.^(a)	305,066
	76,303	Poshmark, Inc., Class A*	823,309
	47,081	RealReal, Inc. (The)*	109,699
	32,373	Revolve Group, Inc.*	916,803

			2,936,449

	IT Services – 3.2%
	11,783	BigCommerce Holdings, Inc.Series 1*	184,404
	40,193	Brightcove, Inc.*	239,148
	13,057	Cass Information Systems, Inc.	476,058
	46,182	Conduent, Inc.*	215,208
	35,072	EVERTEC, Inc. (Puerto Rico)	1,367,457
	15,449	Evo Payments, Inc., Class A*	422,376
	17,640	ExlService Holdings, Inc.*	2,970,047
	25,744	Hackett Group, Inc. (The)	539,852
	22,767	I3 Verticals, Inc., Class A*	617,669
	32,161	Marqeta, Inc., Class A*	308,424
	34,803	Maximus, Inc.	2,326,581
	31,226	Perficient, Inc.*	3,294,967
	111,271	Rackspace Technology, Inc.*	749,966
	76,147	Unisys Corp.*	1,044,737

			14,756,894

	Leisure Products – 0.1%
	34,384	Latham Group, Inc.*	188,768
	24,053	Smith & Wesson Brands, Inc.	349,971

			538,739

	Life Sciences Tools & Services – 1.2%
	24,735	AbCellera Biologics, Inc. (Canada) *	248,339
	32,653	Adaptive Biotechnologies Corp.*	299,101



Shares		Description	Value

	Common Stocks – (continued)
	Life Sciences Tools & Services – (continued)
	87,264	Codexis, Inc.*	$ 598,631
	19,070	Inotiv, Inc.*	356,228
	22,954	Medpace Holdings, Inc.*	3,891,392
	10,040	Pacific Biosciences of California, Inc.*^(a)	43,875

			5,437,566

	Machinery – 2.1%
	18,307	Columbus McKinnon Corp.	605,962
	14,346	Douglas Dynamics, Inc.	457,063
	5,812	Energy Recovery, Inc.*	129,201
	4,151	John Bean Technologies Corp.	466,199
	64,146	Kennametal, Inc.	1,722,320
	82,786	Microvast Holdings, Inc.*	219,383
	4,470	Miller Industries, Inc.	107,414
	55,397	Mueller Industries, Inc.	3,729,880
	18,716	Nikola Corp.*^(a)	116,413
	16,266	Terex Corp.	545,074
	28,488	Titan International, Inc.*	477,459
	51,798	Wabash National Corp.	935,472

			9,511,840

	Marine – 1.5%
	125,197	Costamare, Inc. (Monaco)	1,468,561
	19,279	Eagle Bulk Shipping, Inc.	1,020,437
	28,589	Genco Shipping & Trading Ltd.	551,196
	24,463	Matson, Inc.	2,242,523
	391,780	Safe Bulkers, Inc. (Greece)	1,512,271

			6,794,988

	Media – 1.3%
	113,287	Clear Channel Outdoor Holdings, Inc.*	175,595
	1,248	Daily Journal Corp.*	337,334
	102,806	EW Scripps Co. (The), Class A*	1,466,014
	41,883	PubMatic, Inc., Class A*	694,839
	34,837	Scholastic Corp.	1,639,778
	20,613	TechTarget, Inc.*	1,343,761
	26,139	WideOpenWest, Inc.*	480,435

			6,137,756

	Metals & Mining – 2.1%
	27,385	5E Advanced Materials, Inc.*	445,828
	20,496	Alpha Metallurgical Resources, Inc.	2,803,033
	73,707	Century Aluminum Co.*	581,548



Shares		Description	Value

	Common Stocks – (continued)
	Metals & Mining – (continued)
	24,354	Novagold Resources, Inc. (Canada) *	$ 118,847
	15,612	Piedmont Lithium, Inc.*	705,818
	62,135	Ramaco Resources, Inc.	729,465
	35,375	Ryerson Holding Corp.	969,275
	109,959	SunCoke Energy, Inc.	813,697
	80,462	Warrior Met Coal, Inc.	2,569,152

			9,736,663

	Mortgage Real Estate Investment Trusts (REITs) – 1.6%
	19,836	Arbor Realty Trust, Inc. REIT	329,674
	34,302	BrightSpire Capital, Inc. REIT	303,230
	254,253	Chimera Investment Corp. REIT	2,662,029
	14,324	Claros Mortgage Trust, Inc.	274,448
	19,361	Dynex Capital, Inc. REIT	325,265
	19,185	Hannon Armstrong Sustainable Infrastructure Capital, Inc. REIT	692,387
	44,342	Nexpoint Real Estate Finance, Inc. REIT	935,616
	3,800	PennyMac Mortgage Investment Trust REIT	58,368
	108,737	TPG RE Finance Trust, Inc. REIT	1,179,796
	81,457	Two Harbors Investment Corp. REIT	438,239

			7,199,052

	Multi-Utilities – 0.1%
	11,798	Avista Corp.	498,583

	Oil, Gas & Consumable Fuels – 4.4%
	11,527	Callon Petroleum Co.*	530,703
	106,516	Centennial Resource Development, Inc., Class A*	709,397
	8,487	Civitas Resources, Inc.	500,394
	24,863	CNX Resources Corp.*	429,384
	13,808	Comstock Resources, Inc.*	219,962
	39,473	Delek US Holdings, Inc.	1,052,350
	18,136	Dorian LPG Ltd.	292,352
	174,224	Equitrans Midstream Corp.	1,367,658
	30,714	Frontline Ltd. (Norway) *	294,547
	77,114	Golar LNG Ltd. (Cameroon) *	1,725,040
	159,520	Kosmos Energy Ltd. (Ghana) *	1,011,357
	100,818	Magnolia Oil & Gas Corp., Class A	2,432,738
	10,356	Matador Resources Co.	598,370
	53,381	Murphy Oil Corp.	1,875,808
	25,986	PBF Energy, Inc., Class A*	866,633
	2,820	REX American Resources Corp.*	269,197



Shares		Description	Value

	Common Stocks – (continued)
	Oil, Gas & Consumable Fuels – (continued)
	34,331	SandRidge Energy, Inc.*	$ 643,020
	38,139	Scorpio Tankers, Inc. (Monaco)	1,472,547
	75,922	SM Energy Co.	3,134,060
	51,531	Teekay Corp. (Bermuda) *	161,807
	123,193	Tellurian, Inc.*	458,278

			20,045,602

	Personal Products – 0.1%
	12,859	BellRing Brands, Inc.*	310,416

	Pharmaceuticals – 2.1%
	12,390	Aerie Pharmaceuticals, Inc.*	86,854
	148,669	Amneal Pharmaceuticals, Inc.*	526,288
	50,537	Amphastar Pharmaceuticals, Inc.*	1,889,578
	36,969	Arvinas, Inc.*	1,963,424
	3,270	Axsome Therapeutics, Inc.*	126,189
	75,188	Endo International PLC*	39,865
	4,381	Harmony Biosciences Holdings, Inc.*	222,248
	17,869	Intra-Cellular Therapies, Inc.*	967,070
	27,896	NGM Biopharmaceuticals, Inc.*	403,934
	5,660	Phathom Pharmaceuticals, Inc.*	52,129
	107,970	Phibro Animal Health Corp., Class A	2,112,973
	16,100	Prestige Consumer Healthcare, Inc.*	970,991
	32,005	Tricida, Inc.*	293,166

			9,654,709

	Professional Services – 0.4%
	12,423	Forrester Research, Inc.*	577,545
	5,007	Franklin Covey Co.*	262,016
	3,167	Insperity, Inc.	347,547
	5,594	Red Violet, Inc.*^(a)	132,018
	7,821	TriNet Group, Inc.*	645,233

			1,964,359

	Real Estate Management & Development – 0.7%
	76,889	Newmark Group, Inc., Class A	876,535
	51,162	St. Joe Co. (The)	2,149,827

			3,026,362

	Road & Rail – 0.7%
	2,350	ArcBest Corp.	208,210
	3,470	Covenant Logistics Group, Inc.	116,141
	38,889	Heartland Express, Inc.	617,557



Shares		Description	Value

	Common Stocks – (continued)
	Road & Rail – (continued)
	54,628	Marten Transport Ltd.	$ 1,177,780
	5,278	Saia, Inc.*	1,255,372

			3,375,060

	Semiconductors & Semiconductor Equipment – 3.5%
	3,734	Ambarella, Inc.*	323,178
	39,799	Axcelis Technologies, Inc.*	2,799,063
	17,936	Cohu, Inc.*	512,611
	4,407	CyberOptics Corp.*	179,233
	38,965	Diodes, Inc.*	3,170,582
	23,111	FormFactor, Inc.*	821,827
	6,525	Kulicke & Soffa Industries, Inc. (Singapore)	313,983
	60,041	MaxLinear, Inc.*	2,426,257
	41,298	Power Integrations, Inc.	3,510,743
	22,769	Semtech Corp.*	1,419,192
	6,446	Ultra Clean Holdings, Inc.*	216,585
	25,106	Veeco Instruments, Inc.*	547,311

			16,240,565

	Software – 4.9%
	61,492	A10 Networks, Inc.	916,846
	22,072	ACI Worldwide, Inc.*	629,714
	7,285	Alarm.com Holdings, Inc.*	515,559
	20,291	Altair Engineering, Inc., Class A*	1,195,343
	45,312	American Software, Inc., Class A	810,178
	34,029	Amplitude, Inc., Class A*^(a)	502,949
	8,943	Asana, Inc., Class A*	172,779
	19,620	Cleanspark, Inc.*	78,284
	100,209	Clear Secure, Inc., Class A*	2,537,292
	48,592	CommVault Systems, Inc.*	2,725,525
	1,274	Domo, Inc., Class B*	35,685
	151,880	E2open Parent Holdings, Inc.*	1,025,190
	9,486	Ebix, Inc.	224,439
	13,582	Envestnet, Inc.*	791,423
	4,447	Instructure Holdings, Inc.*	108,685
	42,447	LiveRamp Holdings, Inc.*	1,129,515
	981	MicroStrategy, Inc., Class A*^(a)	280,625
	12,163	Q2 Holdings, Inc.*	533,956
	2,110	Qualys, Inc.*	258,095
	36,773	Rapid7, Inc.*	2,352,369
	49,705	Rimini Street, Inc.*	348,929
	7,380	Sapiens International Corp. NV (Israel)	194,168
	3,200	SecureWorks Corp., Class A*	31,776



Shares		Description	Value

	Common Stocks – (continued)
	Software – (continued)
	4,064	Sprout Social, Inc., Class A*	$ 211,734
	17,224	SPS Commerce, Inc.*	2,062,746
	31,315	Telos Corp.*	248,641
	11,807	Tenable Holdings, Inc.*	456,340
	22,087	Varonis Systems, Inc.*	561,672
	106,097	Yext, Inc.*	464,705
	39,365	Zeta Global Holdings Corp., Class A*	210,603
	88,210	Zuora, Inc., Class A*	750,667

			22,366,432

	Specialty Retail – 3.6%
	18,310	Aaron’s Co., Inc. (The)	238,396
	31,073	Arko Corp.	283,696
	11,554	Asbury Automotive Group, Inc.*	1,983,129
	16,874	Boot Barn Holdings, Inc.*	1,051,250
	33,973	Buckle, Inc. (The)	1,025,985
	27,207	Build-A-Bear Workshop, Inc.	434,496
	88,619	EVgo, Inc.*^(a)	794,912
	18,731	Group 1 Automotive, Inc.	3,313,889
	4,463	MarineMax, Inc.*	182,269
	14,483	Murphy USA, Inc.	4,118,386
	24,712	Rent-A-Center, Inc.	581,473
	21,252	Sally Beauty Holdings, Inc.*	271,601
	41,305	Sonic Automotive, Inc., Class A	1,728,614
	4,512	TravelCenters of America, Inc.*	188,241
	40,567	Volta, Inc.*^(a)	74,643
	29,160	Warby Parker, Inc., Class A*^(a)	361,292

			16,632,272

	Technology Hardware, Storage & Peripherals – 0.2%
	13,082	Super Micro Computer, Inc.*	706,559

	Textiles, Apparel & Luxury Goods – 0.1%
	14,313	Allbirds, Inc., Class A*	73,569
	14,231	Movado Group, Inc.	483,569

			557,138

	Thrifts & Mortgage Finance – 1.1%
	194,717	Capitol Federal Financial, Inc.	1,867,336
	10,527	Essent Group Ltd.	439,608
	3,912	Home Bancorp, Inc.	147,365
	51,724	Merchants Bancorp	1,368,617



Shares		Description	Value

	Common Stocks – (continued)
	Thrifts & Mortgage Finance – (continued)
	42,124	TrustCo Bank Corp.	$ 1,413,681

			5,236,607

	Trading Companies & Distributors – 2.0%
	25,988	Applied Industrial Technologies, Inc.	2,614,133
	10,690	GMS, Inc.*	567,318
	57,280	H&E Equipment Services, Inc.	2,047,760
	18,171	Hudson Technologies, Inc.*	161,904
	2,426	McGrath RentCorp	204,657
	109,621	MRC Global, Inc.*	1,273,796
	49,152	NOW, Inc.*	543,621
	6,942	Rush Enterprises, Inc., Class A	334,535
	41,809	Titan Machinery, Inc.*	1,176,087

			8,923,811

	Water Utilities – 0.1%
	2,432	American States Water Co.	211,997

	TOTAL COMMON STOCKS (Cost $441,539,391)		$454,276,252

	TOTAL INVESTMENTS BEFORE SECURITIES LENDING REINVESTMENT VEHICLE (Cost $441,539,391)		$454,276,252


Shares		Dividend Rate	Value

	Securities Lending Reinvestment Vehicle – 1.7%^(c)
	Goldman Sachs Financial Square Government Fund – Institutional Shares
	7,747,207	2.062%	$ 7,747,207
	(Cost $7,747,207)

	TOTAL INVESTMENTS – 100.7% (Cost $449,286,598)		$462,023,459

	LIABILITIES IN EXCESS OF OTHER ASSETS – (0.7)%		(3,030,996)

	NET ASSETS – 100.0%		$458,992,463



The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets.

*		Non-income producing security.

(a)		All or a portion of security is on loan.

(b)		Less than 0.05%

(c)		Represents an affiliated issuer.



Shares		Description	Value

	Common Stocks – 97.7%
	Aerospace & Defense – 0.0%^(a)
	2,305	Virgin Galactic Holdings, Inc.*	$ 17,149

	Air Freight & Logistics – 0.7%
	9,951	Forward Air Corp.	1,044,158

	Airlines – 0.1%
	13,928	Joby Aviation, Inc.*	77,161

	Auto Components – 0.5%
	901	Dorman Products, Inc.*	91,082
	5,101	Holley, Inc.*	40,757
	1,490	LCI Industries	201,284
	34,487	Luminar Technologies, Inc.*^(b)	233,132
	912	Visteon Corp.*	116,353

			682,608

	Automobiles – 0.1%
	11,986	Fisker, Inc.*^(b)	114,826

	Banks – 2.1%
	5,305	Columbia Banking System, Inc.	160,052
	5,366	Esquire Financial Holdings, Inc.	194,356
	31,077	First Financial Bankshares, Inc.	1,372,982
	1,094	Guaranty Bancshares, Inc.	40,883
	46,538	Hope Bancorp, Inc.	699,932
	3,635	Lakeland Financial Corp.	282,803
	833	Metrocity Bankshares, Inc.	17,251
	2,393	Silvergate Capital Corp., Class A*	223,243

			2,991,502

	Beverages – 0.8%
	2,019	Coca-Cola Consolidated, Inc.	1,035,747
	1,347	National Beverage Corp.	72,980

			1,108,727

	Biotechnology – 8.6%
	26,568	ACADIA Pharmaceuticals, Inc.*	390,284
	10,227	Affimed NV (Germany) *	28,942
	24,100	Alector, Inc.*	246,302
	47,029	Alkermes PLC*	1,203,942
	56,067	Amicus Therapeutics, Inc.*	558,427
	1,571	Anavex Life Sciences Corp.*	16,119
	7,821	Apellis Pharmaceuticals, Inc.*	440,166
	1,455	Arcturus Therapeutics Holdings, Inc.*	25,535



Shares		Description	Value

	Common Stocks – (continued)
	Biotechnology – (continued)
	2,909	Arcus Biosciences, Inc.*	$ 77,350
	17,658	Arrowhead Pharmaceuticals, Inc.*	750,995
	46,029	Aurinia Pharmaceuticals, Inc. (Canada) *	376,517
	10,280	Beam Therapeutics, Inc.*^(b)	647,434
	9,111	BioCryst Pharmaceuticals, Inc.*	100,403
	919	Biohaven Pharmaceutical Holding Co. Ltd.*	134,192
	10,399	Blueprint Medicines Corp.*	530,973
	4,277	Bridgebio Pharma, Inc.*	37,039
	5,663	CareDx, Inc.*	134,723
	21,422	Catalyst Pharmaceuticals, Inc.*	219,361
	1,867	ChemoCentryx, Inc.*	44,099
	9,988	Denali Therapeutics, Inc.*	339,792
	17,600	Dynavax Technologies Corp.*	253,088
	8,183	Eagle Pharmaceuticals, Inc.*	324,865
	21,377	Fate Therapeutics, Inc.*	652,640
	9,336	Global Blood Therapeutics, Inc.*	305,474
	30,925	Gossamer Bio, Inc.*	347,288
	6,683	Halozyme Therapeutics, Inc.*	326,799
	63,635	Heron Therapeutics, Inc.*	176,905
	7,695	IGM Biosciences, Inc.*	123,966
	16,304	Insmed, Inc.*	360,645
	2,384	Intellia Therapeutics, Inc.*	154,388
	13,608	Intercept Pharmaceuticals, Inc.*^(b)	173,638
	24,212	IVERIC bio, Inc.*	258,826
	25,632	KalVista Pharmaceuticals, Inc.*	316,555
	1,986	Karuna Therapeutics, Inc.*	258,677
	6,856	Karyopharm Therapeutics, Inc.*	29,138
	6,454	Keros Therapeutics, Inc.*	207,044
	63,743	Organogenesis Holdings, Inc.*	365,885
	31,928	Point Biopharma Global, Inc.*	234,352
	22,956	Precigen, Inc.*	36,041
	8,871	Prothena Corp. PLC (Ireland) *	275,533
	9,602	PTC Therapeutics, Inc.*	418,167
	35,942	Seres Therapeutics, Inc.*	147,722
	3,619	Vericel Corp.*	117,762
	54,561	VistaGen Therapeutics, Inc.*	7,808
	2,840	Zentalis Pharmaceuticals, Inc.*	82,928

			12,258,729

	Building Products – 1.4%
	7,587	CSW Industrials, Inc.	906,419
	23,630	Janus International Group, Inc.*	240,317
	4,357	PGT Innovations, Inc.*	95,418



Shares		Description	Value

	Common Stocks – (continued)
	Building Products – (continued)
	8,012	UFP Industries, Inc.	$ 738,787

			1,980,941

	Capital Markets – 1.0%
	12,614	Brightsphere Investment Group, Inc.	238,531
	9,116	Focus Financial Partners, Inc., Class A*	368,560
	2,701	Hamilton Lane, Inc., Class A	204,114
	5,312	Houlihan Lokey, Inc.	449,183
	7,191	Open Lending Corp., Class A*	74,499
	1,121	Pzena Investment Management, Inc., Class A	10,571
	924	Victory Capital Holdings, Inc., Class A	25,567

			1,371,025

	Chemicals – 2.8%
	10,068	American Vanguard Corp.	235,692
	6,599	Balchem Corp.	895,880
	65,617	Diversey Holdings Ltd.*	491,471
	8,244	Ingevity Corp.*	553,172
	1,799	Innospec, Inc.	183,498
	333	Intrepid Potash, Inc.*	15,185
	1,954	Kronos Worldwide, Inc.	34,332
	39,653	LSB Industries, Inc.*	547,608
	12,727	Sensient Technologies Corp.	1,094,268

			4,051,106

	Commercial Services & Supplies – 0.3%
	10,825	ACV Auctions, Inc., Class A*	79,997
	6,520	Heritage-Crystal Clean, Inc.*	218,811
	33,132	Pitney Bowes, Inc.	108,342

			407,150

	Communications Equipment – 0.4%
	4,140	Clearfield, Inc.*	407,997
	12,497	Harmonic, Inc.*	136,467

			544,464

	Construction & Engineering – 1.9%
	5,640	Comfort Systems USA, Inc.	595,923
	5,940	Construction Partners, Inc., Class A*	141,253
	8,962	Dycom Industries, Inc.*	924,520
	18,086	Fluor Corp.*	459,565
	1,753	MYR Group, Inc.*	166,938
	2,821	NV5 Global, Inc.*	382,528



Shares		Description	Value

	Common Stocks – (continued)
	Construction & Engineering – (continued)
	2,027	Sterling Infrastructure, Inc.*	$ 52,114

			2,722,841

	Consumer Finance – 0.1%
	6,433	NerdWallet, Inc., Class A*^(b)	55,838
	3,581	Regional Management Corp.	146,821

			202,659

	Diversified Consumer Services – 1.5%
	8,168	Carriage Services, Inc.	296,335
	6,414	Duolingo, Inc.*^(b)	588,485
	3,625	European Wax Center, Inc., Class A	75,835
	24,169	Stride, Inc.*	1,079,871
	9,835	Universal Technical Institute, Inc.*	79,073

			2,119,599

	Diversified Telecommunication Services – 0.6%
	120,765	Globalstar, Inc.*	169,071
	14,541	Iridium Communications, Inc.*	650,128
	7,077	Ooma, Inc.*	84,429
	4,802	Starry Group Holdings, Inc., Class A*	15,366

			918,994

	Electrical Equipment – 2.3%
	9,379	Atkore, Inc.*	931,053
	13,373	Bloom Energy Corp., Class A*	270,536
	6,960	Encore Wire Corp.	963,751
	27,227	FTC Solar, Inc.*	136,680
	6,945	GrafTech International Ltd.	53,476
	26,756	Shoals Technologies Group, Inc., Class A*	632,244
	3,879	Vicor Corp.*	283,012

			3,270,752

	Electronic Equipment, Instruments & Components – 2.1%
	5,824	Badger Meter, Inc.	560,211
	6,039	CTS Corp.	245,666
	13,225	ePlus, Inc.*	734,913
	13,216	Fabrinet (Thailand) *	1,269,529
	5,144	Lightwave Logic, Inc.*	54,886
	3,659	MicroVision, Inc.*	18,844
	569	Novanta, Inc.*	87,740

			2,971,789



Shares		Description	Value

	Common Stocks – (continued)
	Energy Equipment & Services – 1.4%
	11,127	Cactus, Inc., Class A	$ 462,772
	1,884	ChampionX Corp.	39,357
	31,382	Liberty Energy, Inc.*	445,624
	375	Nabors Industries Ltd.*	53,434
	31,505	NexTier Oilfield Solutions, Inc.*	314,105
	68,563	RPC, Inc.*	559,474
	24,707	TETRA Technologies, Inc.*	108,216

			1,982,982

	Entertainment – 0.7%
	41,176	Cinemark Holdings, Inc.*	754,756
	12,004	IMAX Corp.*	201,787

			956,543

	Equity Real Estate Investment Trusts (REITs) – 2.0%
	2,017	Chatham Lodging Trust REIT*	24,527
	14,724	NexPoint Residential Trust, Inc. REIT	979,735
	60,219	Outfront Media, Inc. REIT	1,111,643
	1,915	RLJ Lodging Trust REIT	23,918
	4,468	Saul Centers, Inc. REIT	233,587
	7,629	Tanger Factory Outlet Centers, Inc. REIT	124,124
	7,841	Universal Health Realty Income Trust REIT	422,630

			2,920,164

	Food & Staples Retailing – 0.3%
	8,842	Chefs’ Warehouse, Inc. (The)*	306,022
	4,523	Natural Grocers by Vitamin Cottage, Inc.	74,991

			381,013

	Food Products – 0.9%
	4,898	Beyond Meat, Inc.*^(b)	156,687
	2,098	BRC, Inc., Class A*	19,700
	11,029	Cal-Maine Foods, Inc.	563,692
	1,364	J & J Snack Foods Corp.	184,836
	1,612	Lancaster Colony Corp.	213,396
	2,665	Tootsie Roll Industries, Inc.	93,595

			1,231,906

	Health Care Equipment & Supplies – 7.3%
	12,041	Artivion, Inc.*	236,004
	1,690	AtriCure, Inc.*	83,503
	10,392	Axonics, Inc.*	674,129
	5,210	Cardiovascular Systems, Inc.*	80,286
	71,673	Cerus Corp.*	387,034



Shares		Description	Value

	Common Stocks – (continued)
	Health Care Equipment & Supplies – (continued)
	6,842	Glaukos Corp.*	$ 368,442
	6,006	Inari Medical, Inc.*	465,945
	6,491	Inspire Medical Systems, Inc.*	1,356,554
	6,387	iRadimed Corp.	269,851
	2,163	iRhythm Technologies, Inc.*	334,465
	6,475	Lantheus Holdings, Inc.*	496,762
	16,760	LeMaitre Vascular, Inc.	843,866
	6,956	LivaNova PLC*	442,888
	8,216	Merit Medical Systems, Inc.*	472,256
	41,915	Neogen Corp.*^(b)	969,494
	397	Omnicell, Inc.*	43,718
	14,867	Pulmonx Corp.*	253,334
	6,452	Shockwave Medical, Inc.*	1,360,920
	2,344	STAAR Surgical Co.*	189,161
	16,061	Surmodics, Inc.*	558,923
	1,833	TransMedics Group, Inc.*	74,016
	4,507	Utah Medical Products, Inc.	411,669

			10,373,220

	Health Care Providers & Services – 2.8%
	4,822	AirSculpt Technologies, Inc.*	37,467
	11,577	AMN Healthcare Services, Inc.*	1,301,718
	3,501	Apollo Medical Holdings, Inc.*	185,658
	98,142	Cano Health, Inc.*	597,685
	2,590	CorVel Corp.*	427,065
	3,142	Ensign Group, Inc. (The)	250,386
	1,706	Joint Corp. (The)*	29,172
	5,401	National Research Corp.	204,698
	12,861	Option Care Health, Inc.*	432,130
	12,115	Patterson Cos., Inc.	376,292
	9,497	Pennant Group, Inc. (The)*	126,690
	5,413	PetIQ, Inc.*	88,773

			4,057,734

	Health Care Technology – 1.1%
	14,412	Evolent Health, Inc., Class A*	489,864
	21,327	Nutex Health, Inc.*^(b)	56,303
	21,905	Schrodinger, Inc.*	685,627
	5,506	Simulations Plus, Inc.	353,210

			1,585,004

	Hotels, Restaurants & Leisure – 2.8%
	291	Biglari Holdings, Inc., Class B*	34,981
	11,501	Chuy’s Holdings, Inc.*	255,667



Shares		Description	Value

	Common Stocks – (continued)
	Hotels, Restaurants & Leisure – (continued)
	18,302	Dave & Buster’s Entertainment, Inc.*	$ 683,763
	26,873	Hilton Grand Vacations, Inc.*	1,095,612
	3,692	Kura Sushi USA, Inc., Class A*	311,752
	16,899	ONE Group Hospitality, Inc. (The)*	141,783
	619	Papa John’s International, Inc.	59,356
	1,603	RCI Hospitality Holdings, Inc.	91,307
	19,224	Red Rock Resorts, Inc., Class A	756,080
	2,924	Shake Shack, Inc., Class A*	150,469
	4,248	Texas Roadhouse, Inc.	370,511

			3,951,281

	Household Durables – 1.2%
	1,350	Cavco Industries, Inc.*	348,017
	5,167	Dream Finders Homes, Inc., Class A*	67,171
	5,423	Installed Building Products, Inc.	550,001
	994	iRobot Corp.*	45,734
	9,550	Skyline Champion Corp.*	604,515
	4,477	Sonos, Inc.*	98,986

			1,714,424

	Household Products – 0.7%
	24,038	Energizer Holdings, Inc.	709,842
	1,360	WD-40 Co.	241,223

			951,065

	Independent Power and Renewable Electricity Producers – 0.2%
	24,406	Montauk Renewables, Inc.*^(b)	292,140

	Insurance – 2.5%
	3,202	AMERISAFE, Inc.	145,883
	32,260	BRP Group, Inc., Class A*	889,408
	9,137	Goosehead Insurance, Inc., Class A	513,591
	3,271	Kinsale Capital Group, Inc.	795,540
	14,598	Palomar Holdings, Inc.*	910,477
	5,075	Stewart Information Services Corp.	277,349

			3,532,248

	Interactive Media & Services – 1.1%
	25,463	Cargurus, Inc.*	618,496
	27,279	DHI Group, Inc.*	133,394
	13,382	Eventbrite, Inc., Class A*	125,256
	17,879	Vimeo, Inc.*	99,407



Shares		Description	Value

	Common Stocks – (continued)
	Interactive Media & Services – (continued)
	36,033	ZipRecruiter, Inc., Class A*	$ 631,659

			1,608,212

	Internet & Direct Marketing Retail – 0.4%
	7,130	aka Brands Holding Corp.*	13,404
	25,250	CarParts.com, Inc.*	201,495
	2,442	Lulu’s Fashion Lounge Holdings, Inc.*	13,675
	4,949	PetMed Express, Inc.^(b)	107,987
	9,699	Revolve Group, Inc.*	274,676

			611,237

	IT Services – 5.1%
	9,818	BigCommerce Holdings, Inc.Series 1*	153,652
	17,865	Brightcove, Inc.*	106,297
	21,810	EVERTEC, Inc. (Puerto Rico)	850,372
	4,088	Evo Payments, Inc., Class A*	111,766
	9,444	ExlService Holdings, Inc.*	1,590,086
	21,070	Hackett Group, Inc. (The)	441,838
	22,419	I3 Verticals, Inc., Class A*	608,227
	37,070	Marqeta, Inc., Class A*	355,501
	17,216	Maximus, Inc.	1,150,890
	12,750	Perficient, Inc.*	1,345,380
	2,222	Tucows, Inc., Class A*^(b)	102,812
	30,591	Unisys Corp.*	419,708

			7,236,529

	Leisure Products – 0.3%
	34,620	Latham Group, Inc.*	190,064
	2,260	Malibu Boats, Inc., Class A*	141,137
	1,347	MasterCraft Boat Holdings, Inc.*	31,910
	988	Sturm Ruger & Co., Inc.	65,337

			428,448

	Life Sciences Tools & Services – 1.2%
	38,270	Codexis, Inc.*	262,532
	8,667	Medpace Holdings, Inc.*	1,469,317

			1,731,849

	Machinery – 3.1%
	24,964	Douglas Dynamics, Inc.	795,353
	13,558	Energy Recovery, Inc.*	301,394
	6,060	Evoqua Water Technologies Corp.*	230,947
	2,664	Helios Technologies, Inc.	183,336
	5,321	John Bean Technologies Corp.	597,602



Shares		Description	Value

	Common Stocks – (continued)
	Machinery – (continued)
	1,272	Lindsay Corp.	$ 195,837
	16,347	Mueller Industries, Inc.	1,100,644
	20,646	Nikola Corp.*^(b)	128,418
	1,749	Omega Flex, Inc.	201,118
	3,010	Shyft Group, Inc. (The)	78,079
	15,742	Titan International, Inc.*	263,836
	18,035	Wabash National Corp.	325,712

			4,402,276

	Marine – 0.2%
	78,897	Safe Bulkers, Inc. (Greece)	304,542

	Media – 1.0%
	1,939	Daily Journal Corp.*	524,112
	3,017	EW Scripps Co. (The), Class A*	43,022
	15,690	PubMatic, Inc., Class A*	260,297
	9,287	TechTarget, Inc.*	605,420

			1,432,851

	Metals & Mining – 1.9%
	11,321	5E Advanced Materials, Inc.*	184,306
	7,761	Alpha Metallurgical Resources, Inc.	1,061,394
	20,391	Century Aluminum Co.*	160,885
	2,500	Dakota Gold Corp.*	11,175
	42,595	Novagold Resources, Inc. (Canada) *	207,864
	282	Piedmont Lithium, Inc.*	12,749
	32,276	Ramaco Resources, Inc.	378,920
	8,274	Ryerson Holding Corp.	226,708
	14,658	Warrior Met Coal, Inc.	468,030

			2,712,031

	Mortgage Real Estate Investment Trusts (REITs) – 0.0%^(a)
	3,219	Nexpoint Real Estate Finance, Inc. REIT	67,921

	Multiline Retail – 0.0%^(a)
	173	Dillard’s, Inc., Class A	39,332

	Oil, Gas & Consumable Fuels – 4.6%
	3,212	Brigham Minerals, Inc., Class A	85,279
	7,883	Callon Petroleum Co.*	362,933
	13,832	Comstock Resources, Inc.*	220,344
	170	CONSOL Energy, Inc.*	10,424
	988	CVR Energy, Inc.	33,138
	24,049	Delek US Holdings, Inc.	641,146



Shares		Description	Value

	Common Stocks – (continued)
	Oil, Gas & Consumable Fuels – (continued)
	2,641	Energy Fuels, Inc.*	$ 17,721
	1,560	Golar LNG Ltd. (Cameroon) *	34,897
	78,652	Kosmos Energy Ltd. (Ghana) *	498,654
	53,676	Magnolia Oil & Gas Corp., Class A	1,295,202
	16,451	Matador Resources Co.	950,539
	19,568	Par Pacific Holdings, Inc.*	322,872
	270	PBF Energy, Inc., Class A*	9,004
	21,482	SandRidge Energy, Inc.*	402,358
	1,569	SilverBow Resources, Inc.*	70,903
	28,630	SM Energy Co.	1,181,846
	91,182	Tellurian, Inc.*	339,197
	20,707	VAALCO Energy, Inc.	122,793

			6,599,250

	Personal Products – 0.4%
	21,561	BellRing Brands, Inc.*	520,483
	2,459	elf Beauty, Inc.*	82,450
	2,776	Thorne HealthTech, Inc.*	14,407

			617,340

	Pharmaceuticals – 2.5%
	13,199	Aerie Pharmaceuticals, Inc.*	92,525
	90,277	Amneal Pharmaceuticals, Inc.*	319,581
	12,579	Amphastar Pharmaceuticals, Inc.*	470,329
	14,605	Arvinas, Inc.*	775,671
	3,833	Axsome Therapeutics, Inc.*	147,915
	2,616	Cassava Sciences, Inc.*^(b)	42,719
	4,819	Harmony Biosciences Holdings, Inc.*	244,468
	12,877	Intra-Cellular Therapies, Inc.*	696,903
	5,219	Phathom Pharmaceuticals, Inc.*	48,067
	37,873	Phibro Animal Health Corp., Class A	741,175

			3,579,353

	Professional Services – 2.5%
	6,188	Exponent, Inc.	621,832
	7,936	Forrester Research, Inc.*	368,945
	14,068	Franklin Covey Co.*	736,178
	5,827	Insperity, Inc.	639,455
	10,370	Red Violet, Inc.*^(b)	244,732
	11,074	TriNet Group, Inc.*	913,605

			3,524,747



Shares		Description	Value

	Common Stocks – (continued)
	Real Estate Management & Development – 0.7%
	22,468	St. Joe Co. (The)	$ 944,105

	Road & Rail – 1.2%
	22,682	Marten Transport Ltd.	489,024
	2,531	PAM Transportation Services, Inc.*	90,559
	4,193	Saia, Inc.*	997,305
	3,232	Universal Logistics Holdings, Inc.	97,122

			1,674,010

	Semiconductors & Semiconductor Equipment – 6.1%
	5,040	Ambarella, Inc.*	436,212
	17,365	Axcelis Technologies, Inc.*	1,221,281
	5,636	CyberOptics Corp.*	229,216
	13,969	Diodes, Inc.*	1,136,658
	18,368	FormFactor, Inc.*	653,166
	4,636	Kulicke & Soffa Industries, Inc. (Singapore)	223,084
	4,187	MACOM Technology Solutions Holdings, Inc.*	242,595
	24,157	MaxLinear, Inc.*	976,184
	7,413	PDF Solutions, Inc.*	200,003
	17,648	Power Integrations, Inc.	1,500,257
	16,899	Rockley Photonics Holdings Ltd.*	43,261
	19,552	Semtech Corp.*	1,218,676
	683	SiTime Corp.*	127,024
	2,106	Synaptics, Inc.*	305,265
	7,948	Veeco Instruments, Inc.*	173,266

			8,686,148

	Software – 8.3%
	16,222	A10 Networks, Inc.	241,870
	14,350	ACI Worldwide, Inc.*	409,406
	17,228	Alarm.com Holdings, Inc.*	1,219,226
	11,622	Altair Engineering, Inc., Class A*	684,652
	18,117	American Software, Inc., Class A	323,932
	17,701	Amplitude, Inc., Class A*	261,621
	2,806	Appian Corp.*	136,175
	11,279	Asana, Inc., Class A*	217,910
	39,767	Clear Secure, Inc., Class A*	1,006,900
	17,004	CommVault Systems, Inc.*	953,754
	1,213	Domo, Inc., Class B*	33,976
	11,747	Envestnet, Inc.*	684,498
	391	MicroStrategy, Inc., Class A*^(b)	111,849
	2,924	PagerDuty, Inc.*	75,819
	8,000	Q2 Holdings, Inc.*	351,200
	4,653	Qualys, Inc.*	569,155



Shares		Description	Value

	Common Stocks – (continued)
	Software – (continued)
	14,959	Rapid7, Inc.*	$ 956,927
	12,689	Rimini Street, Inc.*	89,077
	1,274	Sapiens International Corp. NV (Israel)	33,519
	7,204	Sprout Social, Inc., Class A*	375,328
	9,493	SPS Commerce, Inc.*	1,136,882
	28,326	Telos Corp.*	224,908
	12,007	Tenable Holdings, Inc.*	464,071
	16,381	Varonis Systems, Inc.*	416,569
	2,347	Workiva, Inc.*	153,729
	43,981	Yext, Inc.*	192,637
	17,354	Zeta Global Holdings Corp., Class A*	92,844
	48,300	Zuora, Inc., Class A*	411,033

			11,829,467

	Specialty Retail – 3.2%
	35,362	Arko Corp.	322,855
	1,648	Asbury Automotive Group, Inc.*	282,863
	11,638	Boot Barn Holdings, Inc.*	725,047
	15,568	Buckle, Inc. (The)	470,154
	9,519	Build-A-Bear Workshop, Inc.	152,018
	658	Caleres, Inc.	16,332
	1,426	Camping World Holdings, Inc., Class A	38,559
	7,135	EVgo, Inc.*	64,001
	793	Group 1 Automotive, Inc.	140,298
	5,757	Murphy USA, Inc.	1,637,061
	14,717	Rent-A-Center, Inc.	346,291
	1,767	Sally Beauty Holdings, Inc.*	22,582
	1,178	Sonic Automotive, Inc., Class A	49,299
	18,003	Warby Parker, Inc., Class A*^(b)	223,057

			4,490,417

	Technology Hardware, Storage & Peripherals – 0.4%
	10,038	Super Micro Computer, Inc.*	542,152

	Textiles, Apparel & Luxury Goods – 0.0%^(a)
	209	Crocs, Inc.*	14,973

	Thrifts & Mortgage Finance – 0.0%^(a)
	1,214	TrustCo Bank Corp.	40,742

	Trading Companies & Distributors – 2.2%
	12,620	Applied Industrial Technologies, Inc.	1,269,446
	9,301	GMS, Inc.*	493,604
	31,127	H&E Equipment Services, Inc.	1,112,790
	20,232	Hudson Technologies, Inc.*	180,267



Shares		Description	Value

	Common Stocks – (continued)
	Trading Companies & Distributors – (continued)
	264	McGrath RentCorp	$ 22,271
	1,216	MRC Global, Inc.*	14,130

			3,092,508

	Water Utilities – 0.1%
	2,082	Middlesex Water Co.	198,019

	TOTAL COMMON STOCKS
	(Cost $132,260,281)		$139,194,363



Shares		Dividend Rate	Value

	Investment Company – 1.1%^(c)
	Goldman Sachs Financial Square Government Fund – Institutional Shares
	1,515,733	2.062%	$ 1,515,733
	(Cost $1,515,733)

	TOTAL INVESTMENTS BEFORE SECURITIES LENDING REINVESTMENT VEHICLE
	(Cost $133,776,014)		$140,710,096




Securities Lending Reinvestment Vehicle – 2.5%^(c)
Goldman Sachs Financial Square Government Fund – Institutional Shares
3,580,052	2.062%	$ 3,580,052
(Cost $3,580,052)

TOTAL INVESTMENTS – 101.3%
(Cost $137,356,066)		$144,290,148

LIABILITIES IN EXCESS OF OTHER ASSETS – (1.3)%		(1,861,281)

NET ASSETS – 100.0%		$142,428,867



The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets.

*		Non-income producing security.

(a)		Less than 0.05%

(b)		All or a portion of security is on loan.

(c)		Represents an affiliated issuer.



Investment Abbreviations:
PLC		— Public Limited Company
REIT		— Real Estate Investment Trust

FUTURES CONTRACTS — At July 31, 2022, the Fund had the following futures contracts:



Shares		Description	Value

	Common Stocks – 96.9%
	Aerospace & Defense – 1.2%
	58,461	AAR Corp.*	$ 2,603,268
	46,315	Maxar Technologies, Inc.	1,272,736
	44,865	National Presto Industries, Inc.	3,194,388
	88,036	Parsons Corp.*	3,805,796
	86,439	V2X, Inc.*	2,873,233
	27,170	Virgin Galactic Holdings, Inc.*	202,145

			13,951,566

	Auto Components – 0.5%
	63,575	Adient PLC*	2,147,563
	272,495	Goodyear Tire & Rubber Co. (The)*	3,346,239

			5,493,802

	Banks – 16.0%
	81,550	1st Source Corp.	3,932,341
	35,968	Amalgamated Financial Corp.	830,141
	190,928	Ameris Bancorp	9,028,985
	82,998	Associated Banc-Corp.	1,668,260
	138,080	Atlantic Union Bankshares Corp.	4,776,187
	107,725	Bancorp, Inc. (The)*	2,650,035
	4,153	Bankwell Financial Group, Inc.	136,135
	65,001	BayCom Corp.	1,273,370
	15,784	BCB Bancorp, Inc.	304,000
	117,752	Berkshire Hills Bancorp, Inc.	3,317,074
	28,445	Business First Bancshares, Inc.	667,889
	5,527	Byline Bancorp, Inc.	135,356
	219,930	Cadence Bank	5,740,173
	3,211	Camden National Corp.	146,743
	26,315	Capital Bancorp, Inc.	657,612
	28,213	Capital City Bank Group, Inc.	913,819
	39,060	Capstar Financial Holdings, Inc.	820,651
	254,250	Central Pacific Financial Corp.	6,020,640
	26,069	Civista Bancshares, Inc.	564,655
	263,139	Columbia Banking System, Inc.	7,938,904
	111,679	Community Bank System, Inc.	7,519,347
	39,125	Community Trust Bancorp, Inc.	1,695,286
	84,531	CrossFirst Bankshares, Inc.*	1,159,765
	20,914	Customers Bancorp, Inc.*	798,706
	54,519	Eagle Bancorp, Inc.	2,673,067
	96,213	Enterprise Financial Services Corp.	4,524,897
	27,136	FB Financial Corp.	1,162,778



Shares		Description	Value

	Common Stocks – (continued)
	Banks – (continued)
	10,463	Financial Institutions, Inc.	$ 277,374
	28,391	First Bancorp	1,075,451
	121,391	First BanCorp. (Puerto Rico)	1,831,790
	71,059	First Bancshares, Inc. (The)	2,060,711
	288,132	First Commonwealth Financial Corp.	4,270,116
	176,291	First Financial Bancorp	3,938,341
	15,744	First Foundation, Inc.	327,790
	5,213	FVCBankcorp, Inc.*	99,829
	40,191	Great Southern Bancorp, Inc.	2,489,431
	188,622	Hancock Whitney Corp.	9,206,640
	293,408	Hanmi Financial Corp.	7,414,420
	180,500	HarborOne Bancorp, Inc.	2,617,250
	11,555	Heartland Financial USA, Inc.	518,819
	23,906	HomeStreet, Inc.	891,455
	44,787	HomeTrust Bancshares, Inc.	1,081,158
	491,018	Hope Bancorp, Inc.	7,384,911
	152,109	Independent Bank Corp.	3,191,247
	203,087	International Bancshares Corp.	8,907,396
	45,507	Lakeland Bancorp, Inc.	724,471
	10,686	Macatawa Bank Corp.	99,380
	8,950	Metrocity Bankshares, Inc.	185,354
	6,423	Metropolitan Bank Holding Corp.*	445,628
	16,005	National Bank Holdings Corp., Class A	666,128
	30,523	Northeast Bank	1,214,815
	244,959	OFG Bancorp (Puerto Rico)	6,729,024
	127,322	Origin Bancorp, Inc.	5,483,759
	24,872	PCB Bancorp	479,283
	19,833	PCSB Financial Corp.	386,545
	20,750	Professional Holding Corp., Class A*	465,837
	2,640	Republic Bancorp, Inc., Class A	118,378
	31,640	Sandy Spring Bancorp, Inc.	1,306,732
	56,544	Sierra Bancorp	1,269,413
	3,791	Silvergate Capital Corp., Class A*	353,662
	9,849	Southern First Bancshares, Inc.*	440,743
	32,699	Southside Bancshares, Inc.	1,305,998
	13,063	Texas Capital Bancshares, Inc.*	765,753
	15,736	Tompkins Financial Corp.	1,214,032
	216,168	Towne Bank	6,456,938
	254,066	Trustmark Corp.	8,249,523
	54,449	UMB Financial Corp.	4,927,634
	270,785	United Community Banks, Inc.	9,214,814



Shares		Description	Value

	Common Stocks – (continued)
	Banks – (continued)
	16,548	Unity Bancorp, Inc.	$ 463,675
	28,561	Univest Financial Corp.	712,311
	32,867	Veritex Holdings, Inc.	1,016,905

			183,337,680

	Beverages – 0.1%
	2,994	Coca-Cola Consolidated, Inc.	1,535,922

	Biotechnology – 6.9%
	139,740	2seventy bio, Inc.*	2,010,859
	45,278	4D Molecular Therapeutics, Inc.*	425,613
	41,385	ACADIA Pharmaceuticals, Inc.*	607,946
	33,707	Adicet Bio, Inc.*	569,311
	6,547	Agios Pharmaceuticals, Inc.*	141,219
	25,765	Akero Therapeutics, Inc.*	263,834
	76,100	Alkermes PLC*	1,948,160
	98,452	Allogene Therapeutics, Inc.*	1,277,907
	25,486	Allovir, Inc.*	116,981
	63,843	ALX Oncology Holdings, Inc.*	618,000
	91,368	Anika Therapeutics, Inc.*	2,134,356
	202,178	Arcus Biosciences, Inc.*	5,375,913
	30,039	Atara Biotherapeutics, Inc.*	91,018
	115,677	Aurinia Pharmaceuticals, Inc. (Canada) *	946,238
	51,730	Avidity Biosciences, Inc.*	842,682
	76,299	BioCryst Pharmaceuticals, Inc.*	840,815
	233,899	Bluebird Bio, Inc.*	947,291
	35,100	C4 Therapeutics, Inc.*	338,364
	21,748	Celldex Therapeutics, Inc.*	668,099
	17,803	ChemoCentryx, Inc.*	420,507
	94,862	Cogent Biosciences, Inc.*	1,052,020
	192,785	CTI BioPharma Corp.*	1,260,814
	96,454	Cullinan Oncology, Inc.*	1,303,093
	98,966	Day One Biopharmaceuticals, Inc.*	1,695,288
	60,476	Deciphera Pharmaceuticals, Inc.*	767,440
	38,402	Design Therapeutics, Inc.*^(a)	753,447
	31,746	Editas Medicine, Inc.*	505,079
	171,924	EQRx, Inc.*^(a)	936,986
	128,574	Erasca, Inc.*^(a)	969,448
	48,348	Fate Therapeutics, Inc.*	1,476,064
	170,183	Generation Bio Co.*	1,085,768
	19,069	Gossamer Bio, Inc.*	214,145



Shares		Description	Value

	Common Stocks – (continued)
	Biotechnology – (continued)
	21,830	Ideaya Biosciences, Inc.*	$ 325,704
	5,150	IGM Biosciences, Inc.*	82,966
	137,620	Instil Bio, Inc.*^(a)	776,177
	99,527	Iovance Biotherapeutics, Inc.*	1,159,490
	61,539	iTeos Therapeutics, Inc.*	1,505,244
	47,457	IVERIC bio, Inc.*	507,315
	147,931	KalVista Pharmaceuticals, Inc.*	1,826,948
	250,705	Kezar Life Sciences, Inc.*	2,449,388
	17,384	Kinnate Biopharma, Inc.*	186,009
	121,465	Kodiak Sciences, Inc.*	1,208,577
	118,022	Kronos Bio, Inc.*	495,692
	221,044	Kura Oncology, Inc.*	3,384,184
	12,833	Kymera Therapeutics, Inc.*	282,711
	5,336	Ligand Pharmaceuticals, Inc.*	491,072
	154,885	MacroGenics, Inc.*	484,790
	404,102	MannKind Corp.*^(a)	1,394,152
	61,641	MeiraGTx Holdings PLC*	510,387
	67,105	Mersana Therapeutics, Inc.*	340,222
	89,079	Nkarta, Inc.*^(a)	1,203,457
	144,704	Nurix Therapeutics, Inc.*	2,309,476
	6,903	Nuvalent, Inc., Class A*^(a)	102,579
	38,585	Organogenesis Holdings, Inc.*	221,478
	58,674	PMV Pharmaceuticals, Inc.*	877,176
	216,721	Praxis Precision Medicines, Inc.*	765,025
	59,576	Protagonist Therapeutics, Inc.*	592,781
	7,622	PTC Therapeutics, Inc.*	331,938
	27,449	Replimune Group, Inc.*	529,217
	74,956	REVOLUTION Medicines, Inc.*	1,693,256
	34,832	Rocket Pharmaceuticals, Inc.*	505,064
	78,619	Sage Therapeutics, Inc.*	2,705,280
	194,889	Sana Biotechnology, Inc.*^(a)	1,301,858
	275,277	Sangamo Therapeutics, Inc.*	1,180,938
	92,501	Sorrento Therapeutics, Inc.*	240,503
	39,858	SpringWorks Therapeutics, Inc.*	1,190,957
	15,493	Stoke Therapeutics, Inc.*	229,141
	454,266	Sutro Biopharma, Inc.*	2,657,456
	38,798	Syndax Pharmaceuticals, Inc.*	790,315
	51,354	Tango Therapeutics, Inc.*	210,038
	18,494	Travere Therapeutics, Inc.*	435,349
	506,748	Vanda Pharmaceuticals, Inc.*	5,462,743
	3,535	Veracyte, Inc.*	93,112



Shares		Description	Value

	Common Stocks – (continued)
	Biotechnology – (continued)
	85,167	Vir Biotechnology, Inc.*	$ 2,368,494
	28,852	Xencor, Inc.*	827,764

			78,841,128

	Building Products – 0.1%
	2,332	American Woodmark Corp.*	117,113
	8,188	Gibraltar Industries, Inc.*	383,117
	22,266	Quanex Building Products Corp.	547,966

			1,048,196

	Capital Markets – 0.9%
	32,048	AssetMark Financial Holdings, Inc.*	608,591
	144,973	Oppenheimer Holdings, Inc., Class A	4,869,643
	8,395	Piper Sandler Cos.	1,059,449
	120,837	Victory Capital Holdings, Inc., Class A	3,343,560

			9,881,243

	Chemicals – 1.7%
	12,909	AdvanSix, Inc.	507,195
	28,240	American Vanguard Corp.	661,098
	15,108	Avient Corp.	651,910
	193,763	FutureFuel Corp.	1,393,156
	12,300	Innospec, Inc.	1,254,600
	39,009	Intrepid Potash, Inc.*	1,778,810
	80,682	LSB Industries, Inc.*	1,114,219
	43,959	Mativ, Inc.	960,504
	101,774	Minerals Technologies, Inc.	6,799,521
	290,713	Tronox Holdings PLC, Class A	4,538,030

			19,659,043

	Commercial Services & Supplies – 1.7%
	229,462	ACV Auctions, Inc., Class A*	1,695,724
	120,999	BrightView Holdings, Inc.*	1,589,927
	188,792	Ennis, Inc.	4,125,105
	181,286	Heritage-Crystal Clean, Inc.*	6,083,958
	118,257	Matthews International Corp., Class A	3,305,283
	16,034	UniFirst Corp.	3,140,901

			19,940,898

	Communications Equipment – 0.7%
	123,355	Harmonic, Inc.*	1,347,037



Shares		Description	Value

	Common Stocks – (continued)
	Communications Equipment – (continued)
	192,381	NetScout Systems, Inc.*	$ 6,844,916

			8,191,953

	Construction & Engineering – 1.7%
	112,760	Arcosa, Inc.	5,813,905
	99,185	Argan, Inc.	3,685,715
	268,749	Primoris Services Corp.	6,277,977
	76,165	Sterling Infrastructure, Inc.*	1,958,202
	144,336	Tutor Perini Corp.*	1,310,571

			19,046,370

	Construction Materials – 0.5%
	221,490	Summit Materials, Inc., Class A*	6,093,190

	Consumer Finance – 1.3%
	152,195	EZCORP, Inc., Class A*	1,223,648
	71,651	FirstCash Holdings, Inc.	5,249,152
	58,007	LendingClub Corp.*	803,397
	36,917	Nelnet, Inc., Class A	3,510,438
	96,108	Oportun Financial Corp.*	882,271
	65,468	Regional Management Corp.	2,684,188
	55,157	Sunlight Financial Holdings, Inc.*	209,597

			14,562,691

	Containers & Packaging – 0.1%
	52,087	Pactiv Evergreen, Inc.	532,329
	5,579	TriMas Corp.	165,139

			697,468

	Diversified Consumer Services – 0.4%
	10,070	Duolingo, Inc.*^(a)	923,922
	6,463	Graham Holdings Co., Class B	3,842,189
	1,885	Stride, Inc.*	84,222
	42,646	Vivint Smart Home, Inc.*	203,848

			5,054,181

	Diversified Financial Services – 0.4%
	63,769	A-Mark Precious Metals, Inc.	1,932,200



Shares		Description	Value

	Common Stocks – (continued)
	Diversified Financial Services – (continued)
	225,588	Banco Latinoamericano de Comercio Exterior SA, Class E (Panama)	$ 3,124,394

			5,056,594

	Diversified Telecommunication Services – 0.1%
	49,494	Consolidated Communications Holdings, Inc.*	326,660
	41,583	Liberty Latin America Ltd., Class A (Chile)*	306,467

			633,127

	Electric Utilities – 0.0%^(b)
	5,117	MGE Energy, Inc.	416,421

	Electrical Equipment – 1.2%
	21,880	AZZ, Inc.	930,775
	71,691	Encore Wire Corp.	9,927,053
	50,512	Powell Industries, Inc.	1,210,267
	117,819	Thermon Group Holdings, Inc.*	1,834,442

			13,902,537

	Electronic Equipment, Instruments & Components – 2.8%
	27,147	Belden, Inc.	1,756,954
	53,732	CTS Corp.	2,185,818
	113,072	ePlus, Inc.*	6,283,411
	64,329	Evolv Technologies Holdings, Inc.*^(a)	173,045
	17,007	Itron, Inc.*	993,209
	40,012	OSI Systems, Inc.*	3,867,960
	77,675	PC Connection, Inc.	3,684,125
	27,117	ScanSource, Inc.*	866,388
	179,809	TTM Technologies, Inc.*	2,432,816
	382,409	Vishay Intertechnology, Inc.	7,900,570
	64,309	Vishay Precision Group, Inc.*	2,005,154

			32,149,450

	Energy Equipment & Services – 0.9%
	407,004	Helix Energy Solutions Group, Inc.*	1,644,296
	24,154	National Energy Services Reunited Corp.*	170,286
	92,834	Noble Corp.*	2,785,020
	347,956	Oil States International, Inc.*	1,774,576
	223,444	RPC, Inc.*	1,823,303
	122,323	US Silica Holdings, Inc.*	1,691,727

			9,889,208



Shares		Description	Value

	Common Stocks – (continued)
	Entertainment – 0.8%
	110,436	Cinemark Holdings, Inc.*	$ 2,024,292
	241,965	IMAX Corp.*	4,067,432
	175,013	Marcus Corp. (The)*	2,875,463

			8,967,187

	Equity Real Estate Investment Trusts (REITs) – 11.2%
	346,102	Alexander & Baldwin, Inc. REIT	6,890,891
	85,995	American Assets Trust, Inc. REIT	2,599,629
	542,739	Apple Hospitality REIT, Inc. REIT	9,052,887
	384,779	Armada Hoffler Properties, Inc. REIT	5,456,166
	22,432	Brandywine Realty Trust REIT	209,739
	39,507	Cedar Realty Trust, Inc. REIT	1,148,073
	302,206	Chatham Lodging Trust REIT*	3,674,825
	377,095	City Office REIT, Inc. REIT	5,317,039
	429,133	DiamondRock Hospitality Co. REIT*	3,982,354
	92,500	Diversified Healthcare Trust REIT	160,025
	249,491	Empire State Realty Trust, Inc., Class A REIT	2,128,158
	351,522	Essential Properties Realty Trust, Inc. REIT	8,478,711
	402,600	Franklin Street Properties Corp. REIT	1,525,854
	478,393	Global Medical REIT, Inc. REIT	5,826,827
	18,632	Global Net Lease, Inc. REIT	281,157
	248,798	Independence Realty Trust, Inc. REIT	5,523,316
	89,558	Industrial Logistics Properties Trust REIT	898,267
	142,732	LXP Industrial Trust REIT	1,565,770
	250,865	Macerich Co. (The) REIT	2,661,678
	56,801	NETSTREIT Corp. REIT	1,164,420
	103,620	NexPoint Residential Trust, Inc. REIT	6,894,875
	7,573	One Liberty Properties, Inc. REIT	210,151
	194,236	Outfront Media, Inc. REIT	3,585,597
	107,845	Pebblebrook Hotel Trust REIT	2,109,448
	86,187	Physicians Realty Trust REIT	1,531,543
	219,814	Piedmont Office Realty Trust, Inc., Class A REIT	3,024,641
	613,034	RLJ Lodging Trust REIT	7,656,795
	408,635	RPT Realty REIT	4,441,862
	11,681	Service Properties Trust REIT	76,394
	436,233	SITE Centers Corp. REIT	6,373,364
	343,995	STAG Industrial, Inc. REIT	11,276,156
	158,890	Terreno Realty Corp. REIT	9,954,458
	11,787	Uniti Group, Inc. REIT	117,516
	51,545	Urstadt Biddle Properties, Inc., Class A REIT	948,428



Shares		Description	Value

	Common Stocks – (continued)
	Equity Real Estate Investment Trusts (REITs) – (continued)
	74,358	Xenia Hotels & Resorts, Inc. REIT*	$ 1,220,958

			127,967,972

	Food & Staples Retailing – 0.9%
	44,316	Chefs’ Warehouse, Inc. (The)*	1,533,777
	74,012	Ingles Markets, Inc., Class A	7,065,185
	47,638	Natural Grocers by Vitamin Cottage, Inc.	789,838
	13,599	Weis Markets, Inc.	1,046,171

			10,434,971

	Food Products – 0.3%
	34,630	Alico, Inc.	1,261,917
	39,918	B&G Foods, Inc.^(a)	986,374
	12,110	Seneca Foods Corp., Class A*	689,301

			2,937,592

	Gas Utilities – 1.5%
	67,930	Northwest Natural Holding Co.	3,645,803
	112,644	ONE Gas, Inc.	9,567,982
	45,380	Spire, Inc.	3,414,391

			16,628,176

	Health Care Equipment & Supplies – 1.2%
	125,866	AngioDynamics, Inc.*	2,855,899
	255,529	Avanos Medical, Inc.*	7,249,358
	3,141	Inari Medical, Inc.*	243,679
	10,857	Inspire Medical Systems, Inc.*	2,269,004
	2,733	Shockwave Medical, Inc.*	576,472
	7,829	Utah Medical Products, Inc.	715,101

			13,909,513

	Health Care Providers & Services – 1.6%
	1,162,311	Brookdale Senior Living, Inc.*	5,602,339
	222,783	Cano Health, Inc.*	1,356,748
	43,665	CareMax, Inc.*	312,205
	56,110	Castle Biosciences, Inc.*	1,568,836
	120,189	Community Health Systems, Inc.*	358,163
	89,119	Cross Country Healthcare, Inc.*	2,349,177
	9,918	Fulgent Genetics, Inc.*	592,600
	415,833	Invitae Corp.*^(a)	790,083
	49,423	National HealthCare Corp.	3,510,516



Shares		Description	Value

	Common Stocks – (continued)
	Health Care Providers & Services – (continued)
	394,194	OPKO Health, Inc.*	$ 930,298
	40,254	Patterson Cos., Inc.	1,250,289
	139,055	Sema4 Holdings Corp.*	225,269

			18,846,523

	Health Care Technology – 0.5%
	66,720	Computer Programs and Systems, Inc.*	2,252,467
	90,339	Health Catalyst, Inc.*	1,512,275
	25,879	Phreesia, Inc.*	607,898
	32,082	Schrodinger, Inc.*	1,004,167
	47,880	Sharecare, Inc.*	68,468

			5,445,275

	Hotels, Restaurants & Leisure – 1.2%
	70,073	Chuy’s Holdings, Inc.*	1,557,723
	53,187	Dave & Buster’s Entertainment, Inc.*	1,987,066
	271,562	International Game Technology PLC	5,146,100
	8,081	Life Time Group Holdings, Inc.*	117,174
	109,942	Red Rock Resorts, Inc., Class A	4,324,019
	47,532	Vacasa, Inc., Class A*	124,059
	14,761	Xponential Fitness, Inc., Class A*	219,053

			13,475,194

	Household Durables – 1.7%
	33,815	Beazer Homes USA, Inc.*	498,771
	22,553	Ethan Allen Interiors, Inc.	518,493
	83,996	Green Brick Partners, Inc.*	2,251,093
	109,675	KB Home	3,579,792
	6,240	LGI Homes, Inc.*	703,872
	144,267	M/I Homes, Inc.*	6,637,725
	37,557	Meritage Homes Corp.*	3,316,283
	25,638	Taylor Morrison Home Corp.*	735,811
	61,883	Tri Pointe Homes, Inc.*	1,146,073

			19,387,913

	Independent Power and Renewable Electricity Producers – 0.1%
	51,692	Sunnova Energy International, Inc.*	1,345,026

	Insurance – 4.9%
	238,114	American Equity Investment Life Holding Co.	8,943,562
	134,233	AMERISAFE, Inc.	6,115,655



Shares		Description	Value

	Common Stocks – (continued)
	Insurance – (continued)
	177,324	Argo Group International Holdings Ltd.	$ 5,814,454
	216,366	CNO Financial Group, Inc.	4,056,862
	168,684	Employers Holdings, Inc.	6,698,442
	1,169,487	Genworth Financial, Inc., Class A*	4,970,320
	64,042	Goosehead Insurance, Inc., Class A	3,599,801
	1,728	Investors Title Co.	257,472
	21,815	James River Group Holdings Ltd.	518,324
	10,124	Lemonade, Inc.*^(a)	190,837
	10,068	National Western Life Group, Inc., Class A	2,033,736
	10,463	Palomar Holdings, Inc.*	652,577
	212,135	ProAssurance Corp.	4,694,548
	132,452	Stewart Information Services Corp.	7,238,502
	82,624	Tiptree, Inc.	917,953

			56,703,045

	Interactive Media & Services – 0.8%
	212,478	Bumble, Inc., Class A*	8,057,166
	19,035	Cargurus, Inc.*	462,360
	91,859	fuboTV, Inc.*^(a)	230,566
	23,499	ZipRecruiter, Inc., Class A*	411,937

			9,162,029

	Internet & Direct Marketing Retail – 0.5%
	116,028	aka Brands Holding Corp.*^(a)	218,133
	47,240	Boxed, Inc.*	88,811
	22,276	Overstock.com, Inc.*	646,004
	7,624	PetMed Express, Inc.^(a)	166,356
	334,269	Poshmark, Inc., Class A*	3,606,762
	342,793	RealReal, Inc. (The)*	798,708
	16,787	Revolve Group, Inc.*	475,408

			6,000,182

	IT Services – 0.8%
	6,213	Cass Information Systems, Inc.	226,526
	488,329	Conduent, Inc.*	2,275,613
	81,930	Fastly, Inc., Class A*	931,544
	7,743	Maximus, Inc.	517,620
	20,646	Perficient, Inc.*	2,178,566
	254,046	Rackspace Technology, Inc.*	1,712,270
	22,146	SolarWinds Corp.	237,184
	26,635	Squarespace, Inc., Class A*	566,526



Shares		Description	Value

	Common Stocks – (continued)
	IT Services – (continued)
	26,429	Unisys Corp.*	$ 362,606

			9,008,455

	Leisure Products – 0.2%
	175,029	Smith & Wesson Brands, Inc.	2,546,672

	Life Sciences Tools & Services – 1.1%
	45,391	AbCellera Biologics, Inc. (Canada)*^(a)	455,726
	260,405	Adaptive Biotechnologies Corp.*	2,385,310
	90,077	Codexis, Inc.*	617,928
	31,805	Inotiv, Inc.*	594,117
	41,726	Medpace Holdings, Inc.*	7,073,809
	15,530	NeoGenomics, Inc.*	157,164
	128,222	Pacific Biosciences of California, Inc.*^(a)	560,330
	15,104	Quanterix Corp.*	241,513

			12,085,897

	Machinery – 2.2%
	23,970	Altra Industrial Motion Corp.	1,000,268
	127,173	Columbus McKinnon Corp.	4,209,426
	291,823	Kennametal, Inc.	7,835,448
	48,468	Microvast Holdings, Inc.*	128,440
	88,144	Miller Industries, Inc.	2,118,100
	119,278	Mueller Industries, Inc.	8,030,988
	39,833	Titan International, Inc.*	667,601
	90,677	Wabash National Corp.	1,637,627

			25,627,898

	Marine – 2.2%
	408,175	Costamare, Inc. (Monaco)	4,787,893
	49,203	Eagle Bulk Shipping, Inc.	2,604,315
	178,887	Genco Shipping & Trading Ltd.	3,448,941
	174,183	Golden Ocean Group Ltd. (Norway)^(a)	1,902,078
	100,514	Matson, Inc.	9,214,118
	922,381	Safe Bulkers, Inc. (Greece)	3,560,391

			25,517,736

	Media – 1.1%
	9,486	AMC Networks, Inc., Class A*	289,513
	379,930	Clear Channel Outdoor Holdings, Inc.*	588,891
	2,429	Daily Journal Corp.*	656,559



Shares		Description	Value

	Common Stocks – (continued)
	Media – (continued)
	346,678	EW Scripps Co. (The), Class A*	$ 4,943,628
	61,229	Magnite, Inc.*	467,790
	20,709	PubMatic, Inc., Class A*	343,562
	116,991	Scholastic Corp.	5,506,766

			12,796,709

	Metals & Mining – 2.0%
	31,282	Alpha Metallurgical Resources, Inc.	4,278,126
	32,332	Constellium SE*	473,017
	41,755	Haynes International, Inc.	1,614,248
	211,036	Hecla Mining Co.	955,993
	44,458	Piedmont Lithium, Inc.*^(a)	2,009,946
	9,710	Ramaco Resources, Inc.	113,996
	73,410	Ryerson Holding Corp.	2,011,434
	526,610	SunCoke Energy, Inc.	3,896,914
	52,803	TimkenSteel Corp.*	1,071,373
	220,676	Warrior Met Coal, Inc.	7,046,185

			23,471,232

	Mortgage Real Estate Investment Trusts (REITs) – 3.5%
	283,536	Arbor Realty Trust, Inc. REIT	4,712,368
	250,024	BrightSpire Capital, Inc. REIT	2,210,212
	809,153	Chimera Investment Corp. REIT	8,471,832
	77,850	Claros Mortgage Trust, Inc.	1,491,606
	138,052	Dynex Capital, Inc. REIT	2,319,274
	122,907	Hannon Armstrong Sustainable Infrastructure Capital, Inc. REIT	4,435,714
	105,562	Invesco Mortgage Capital, Inc. REIT	1,868,448
	195,427	Ladder Capital Corp. REIT	2,321,673
	399,064	New York Mortgage Trust, Inc. REIT	1,253,061
	83,444	Nexpoint Real Estate Finance, Inc. REIT	1,760,668
	69,450	PennyMac Mortgage Investment Trust REIT	1,066,752
	416,405	TPG RE Finance Trust, Inc. REIT	4,517,994
	664,019	Two Harbors Investment Corp. REIT	3,572,422

			40,002,024

	Multi-Utilities – 0.7%
	175,969	Avista Corp.	7,436,450
	6,860	Black Hills Corp.	529,592

			7,966,042



Shares		Description	Value

	Common Stocks – (continued)
	Oil, Gas & Consumable Fuels – 3.7%
	405,978	Centennial Resource Development, Inc., Class A*	$ 2,703,813
	39,277	Civitas Resources, Inc.	2,315,772
	50,075	Clean Energy Fuels Corp.*	324,486
	227,776	CNX Resources Corp.*	3,933,692
	125,972	DHT Holdings, Inc.	827,636
	98,944	Dorian LPG Ltd.	1,594,977
	479,728	Equitrans Midstream Corp.	3,765,865
	25,963	Excelerate Energy, Inc., Class A*^(a)	574,821
	7,080	FLEX LNG Ltd. (Norway) ^(a)	225,569
	251,378	Frontline Ltd. (Norway) *^(a)	2,410,715
	236,892	Golar LNG Ltd. (Cameroon) *	5,299,274
	17,373	International Seaways, Inc.	410,871
	104,414	Murphy Oil Corp.	3,669,108
	88,777	PBF Energy, Inc., Class A*	2,960,713
	9,526	Peabody Energy Corp.*	199,951
	20,100	REX American Resources Corp.*	1,918,746
	144,506	Scorpio Tankers, Inc. (Monaco)	5,579,377
	77,930	SM Energy Co.	3,216,950
	12,546	Teekay Tankers Ltd., Class A (Bermuda) *	261,835
	9,732	World Fuel Services Corp.	269,771

			42,463,942

	Pharmaceuticals – 1.0%
	11,337	Arvinas, Inc.*	602,108
	87,971	Atea Pharmaceuticals, Inc.*	721,362
	73,415	Athira Pharma, Inc.*	255,484
	8,838	CinCor Pharma, Inc.*	199,916
	574,829	Endo International PLC*	304,774
	50,944	Nektar Therapeutics*	201,738
	6,356	NGM Biopharmaceuticals, Inc.*	92,035
	63,570	Phibro Animal Health Corp., Class A	1,244,065
	118,626	Prestige Consumer Healthcare, Inc.*	7,154,334
	93,312	Tricida, Inc.*	854,738

			11,630,554

	Professional Services – 0.1%
	107,830	Alight, Inc., Class A*	813,038

	Real Estate Management & Development – 0.4%
	362,107	Newmark Group, Inc., Class A	4,128,020



Shares		Description	Value

	Common Stocks – (continued)
	Real Estate Management & Development – (continued)
	6,020	St Joe Co. (The)	$ 252,960

			4,380,980

	Road & Rail – 1.1%
	20,059	ArcBest Corp.	1,777,227
	413,336	Heartland Express, Inc.	6,563,776
	186,913	Marten Transport Ltd.	4,029,844

			12,370,847

	Semiconductors & Semiconductor Equipment – 0.7%
	34,501	Amkor Technology, Inc.	695,885
	14,415	Axcelis Technologies, Inc.*	1,013,807
	31,768	AXT, Inc.*	278,605
	40,217	Diodes, Inc.*	3,272,457
	10,402	MaxLinear, Inc.*	420,345
	2,823	Power Integrations, Inc.	239,983
	92,107	Veeco Instruments, Inc.*	2,007,933

			7,929,015

	Software – 2.0%
	8,425	American Software, Inc., Class A	150,639
	6,821	Amplitude, Inc., Class A*	100,814
	71,736	C3.ai, Inc., Class A*^(a)	1,320,660
	41,128	Cleanspark, Inc.*	164,101
	110,642	Clear Secure, Inc., Class A*	2,801,455
	56,443	CommVault Systems, Inc.*	3,165,888
	29,906	Cvent Holding Corp.*	186,614
	750,179	E2open Parent Holdings, Inc.*	5,063,708
	34,511	Ebix, Inc.	816,530
	23,797	Instructure Holdings, Inc.*^(a)	581,599
	251,221	LiveRamp Holdings, Inc.*	6,684,991
	50,903	Marathon Digital Holdings, Inc.*^(a)	661,230
	1,505	MicroStrategy, Inc., Class A*^(a)	430,520
	29,668	Riot Blockchain, Inc.*^(a)	217,170
	18,280	SecureWorks Corp., Class A*	181,520
	17,934	Xperi Holding Corp.	300,574

			22,828,013

	Specialty Retail – 3.3%
	148,760	Aaron’s Co., Inc. (The)	1,936,855
	39,857	Academy Sports & Outdoors, Inc.	1,715,047



Shares		Description	Value

	Common Stocks – (continued)
	Specialty Retail – (continued)
	26,603	Asbury Automotive Group, Inc.*	$ 4,566,139
	4,748	Boot Barn Holdings, Inc.*	295,800
	27,045	Build-A-Bear Workshop, Inc.	431,909
	29,660	Destination XL Group, Inc.*	122,792
	391,476	EVgo, Inc.*^(a)	3,511,540
	52,451	Group 1 Automotive, Inc.	9,279,631
	57,253	MarineMax, Inc.*	2,338,213
	19,637	Monro, Inc.	984,796
	28,730	ODP Corp. (The)*	1,042,899
	160,820	Sonic Automotive, Inc., Class A	6,730,317
	66,196	TravelCenters of America, Inc.*	2,761,697
	432,261	Volta, Inc.*^(a)	795,360
	5,628	Winmark Corp.	1,250,260

			37,763,255

	Technology Hardware, Storage & Peripherals – 0.1%
	61,177	Xerox Holdings Corp.	1,047,962

	Textiles, Apparel & Luxury Goods – 0.4%
	122,853	Allbirds, Inc., Class A*	631,464
	73,694	Fossil Group, Inc.*	444,375
	54,603	G-III Apparel Group Ltd.*	1,206,180
	79,703	Movado Group, Inc.	2,708,308

			4,990,327

	Thrifts & Mortgage Finance – 2.1%
	44,764	Axos Financial, Inc.*	1,869,345
	697,232	Capitol Federal Financial, Inc.	6,686,455
	6,409	Enact Holdings, Inc.	147,663
	131,276	Essent Group Ltd.	5,482,086
	145,889	Merchants Bancorp	3,860,223
	161,704	TrustCo Bank Corp.	5,426,786
	9,740	Waterstone Financial, Inc.	181,651
	14,496	WSFS Financial Corp.	691,749

			24,345,958

	Trading Companies & Distributors – 1.4%
	2,754	BlueLinx Holdings, Inc.*	220,320
	45,165	GMS, Inc.*	2,396,907
	154,841	MRC Global, Inc.*	1,799,252
	296,741	NOW, Inc.*	3,281,956



Shares		Description	Value

	Common Stocks – (continued)
	Trading Companies & Distributors – (continued)
	80,837	Rush Enterprises, Inc., Class A	$ 3,895,535
	139,409	Titan Machinery, Inc.*	3,921,575

			15,515,545

	Wireless Telecommunication Services – 0.4%
	5,479	Shenandoah Telecommunications Co.	122,182
	262,463	Telephone and Data Systems, Inc.	4,149,540
	19,650	United States Cellular Corp.*	575,548

			4,847,270

	TOTAL COMMON STOCKS
	(Cost $1,087,029,131)		$1,110,542,637


Shares		Dividend Rate	Value

	Investment Company – 1.3%^(c)
	Goldman Sachs Financial Square Government Fund – Institutional Shares
	15,322,138	2.062%	$ 15,322,138
	(Cost $15,322,138)

	TOTAL INVESTMENTS BEFORE SECURITIES LENDING REINVESTMENT VEHICLE
	(Cost $1,102,351,269)		$1,125,864,775



	Securities Lending Reinvestment Vehicle – 1.4%^(c)
	Goldman Sachs Financial Square Government Fund – Institutional Shares
	16,224,137	2.062%	$ 16,224,137
	(Cost $16,224,137)

	TOTAL INVESTMENTS – 99.6%
	(Cost $1,118,575,406)		$1,142,088,912

	OTHER ASSETS IN EXCESS OF LIABILITIES – 0.4%		3,668,996

	NET ASSETS – 100.0%		$1,145,757,908



The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets.

*		Non-income producing security.

(a)		All or a portion of security is on loan.

(b)		Less than 0.05%

(c)		Represents an affiliated issuer.

FUTURES CONTRACTS — At July 31, 2022, the Fund had the following futures contracts:



Shares		Description	Value

	Common Stocks – 99.2%
	Aerospace & Defense – 0.4%
	8,845	Lockheed Martin Corp.	$ 3,660,149
	9,815	Textron, Inc.	644,257

			4,304,406

	Air Freight & Logistics – 0.1%
	5,561	United Parcel Service, Inc., Class B	1,083,783

	Automobiles – 4.1%
	478,485	Ford Motor Co.	7,028,945
	320,072	General Motors Co.*	11,605,811
	25,352	Tesla, Inc.*	22,600,040

			41,234,796

	Banks – 0.3%
	18,291	Citizens Financial Group, Inc.	694,509
	10,726	East West Bancorp, Inc.	769,912
	1,496	JPMorgan Chase & Co.	172,579
	24,387	KeyCorp	446,282
	13,020	PacWest Bancorp	364,951

			2,448,233

	Beverages – 0.3%
	65,512	Keurig Dr Pepper, Inc.	2,537,935

	Biotechnology – 4.0%
	38,092	AbbVie, Inc.	5,466,583
	37,179	Biogen, Inc.*	7,995,716
	70,593	Exelixis, Inc.*	1,476,806
	196,918	Gilead Sciences, Inc.	11,765,850
	24,711	Horizon Therapeutics PLC*	2,050,272
	36,931	Incyte Corp.*	2,868,800
	2,617	Moderna, Inc.*	429,423
	848	Regeneron Pharmaceuticals, Inc.*	493,273
	25,816	Vertex Pharmaceuticals, Inc.*	7,239,065

			39,785,788

	Capital Markets – 5.1%
	13,600	Ameriprise Financial, Inc.	3,670,912
	255,889	Bank of New York Mellon Corp. (The)	11,120,936
	15,705	Cboe Global Markets, Inc.	1,937,683
	190,339	Charles Schwab Corp. (The)	13,142,908
	1,986	CME Group, Inc.	396,167
	7,226	Interactive Brokers Group, Inc., Class A	424,094



Shares		Description	Value

	Common Stocks – (continued)
	Capital Markets – (continued)
	115,426	Intercontinental Exchange, Inc.	$ 11,772,298
	2,737	MarketAxess Holdings, Inc.	741,125
	23,850	Northern Trust Corp.	2,379,753
	12,963	Raymond James Financial, Inc.	1,276,467
	44,223	State Street Corp.	3,141,602
	15,898	Stifel Financial Corp.	950,859

			50,954,804

	Chemicals – 2.2%
	84,280	CF Industries Holdings, Inc.	8,047,897
	31,784	Dow, Inc.	1,691,227
	3,395	International Flavors & Fragrances, Inc.	421,150
	36,149	Linde PLC (United Kingdom)	10,916,998
	4,073	Sherwin-Williams Co. (The)	985,421

			22,062,693

	Commercial Services & Supplies – 1.2%
	26,678	Cintas Corp.	11,351,222
	4,336	Republic Services, Inc.	601,230

			11,952,452

	Communications Equipment – 1.7%
	18,448	Arista Networks, Inc.*	2,151,590
	338,998	Cisco Systems, Inc.	15,380,339

			17,531,929

	Construction & Engineering – 0.1%
	16,970	AECOM	1,221,840

	Consumer Finance – 2.1%
	100,460	Capital One Financial Corp.	11,033,522
	314,642	Synchrony Financial	10,534,214

			21,567,736

	Containers & Packaging – 0.1%
	19,277	International Paper Co.	824,477

	Distributors – 1.1%
	191,562	LKQ Corp.	10,505,260
	1,173	Pool Corp.	419,582

			10,924,842



Shares		Description	Value

	Common Stocks – (continued)
	Diversified Consumer Services – 0.1%
	15,680	Service Corp. International	$ 1,167,533

	Diversified Financial Services – 2.1%
	62,003	Berkshire Hathaway, Inc., Class B*	18,638,102
	43,896	Voya Financial, Inc.	2,640,783

			21,278,885

	Diversified Telecommunication Services – 0.0%^(a)
	9,539	Liberty Global PLC, Class C (United Kingdom)*	218,348

	Electrical Equipment – 0.5%
	18,774	AMETEK, Inc.	2,318,589
	28,320	Emerson Electric Co.	2,550,782

			4,869,371

	Electronic Equipment, Instruments & Components – 0.1%
	3,171	Teledyne Technologies, Inc.*	1,241,129

	Energy Equipment & Services – 0.2%
	61,958	Schlumberger NV	2,294,305

	Entertainment – 0.6%
	40,671	Live Nation Entertainment, Inc.*	3,822,667
	132,845	Warner Bros Discovery, Inc.*	1,992,675

			5,815,342

	Equity Real Estate Investment Trusts (REITs) – 5.9%
	74,312	Camden Property Trust REIT	10,485,423
	22,772	CubeSmart REIT	1,044,552
	25,959	Extra Space Storage, Inc. REIT	4,919,750
	137,724	First Industrial Realty Trust, Inc. REIT	7,154,762
	68,497	Life Storage, Inc. REIT	8,623,087
	50,695	Mid-America Apartment Communities, Inc. REIT	9,415,582
	15,205	National Storage Affiliates Trust REIT	833,842
	34,023	Public Storage REIT	11,105,447
	17,115	SBA Communications Corp. REIT	5,747,046

			59,329,491

	Food & Staples Retailing – 0.1%
	5,628	Casey’s General Stores, Inc.	1,140,514



Shares		Description	Value

	Common Stocks – (continued)
	Food Products – 0.7%
	116,460	Mondelez International, Inc., Class A	$ 7,458,098

	Health Care Equipment & Supplies – 1.9%
	61,835	Abbott Laboratories	6,730,122
	103,444	Boston Scientific Corp.*	4,246,376
	26,560	Envista Holdings Corp.*	1,079,664
	74,131	Medtronic PLC	6,858,600
	3,832	QuidelOrtho Corp.*	391,017

			19,305,779

	Health Care Providers & Services – 4.7%
	102,435	Centene Corp.*	9,523,382
	27,732	Elevance Health, Inc.	13,230,937
	9,647	HCA Healthcare, Inc.	2,049,216
	10,787	Humana, Inc.	5,199,334
	33,093	Molina Healthcare, Inc.*	10,845,238
	9,139	UnitedHealth Group, Inc.	4,956,445
	16,772	Universal Health Services, Inc., Class B	1,886,347

			47,690,899

	Hotels, Restaurants & Leisure – 1.3%
	8,370	Airbnb, Inc., Class A*	928,902
	950	Booking Holdings, Inc.*	1,838,905
	36,241	Marriott International, Inc., Class A	5,755,796
	35,473	Wyndham Hotels & Resorts, Inc.	2,462,181
	12,970	Yum! Brands, Inc.	1,589,344

			12,575,128

	Household Durables – 0.2%
	328	NVR, Inc.*	1,440,937
	5,001	Whirlpool Corp.	864,523

			2,305,460

	Household Products – 2.5%
	82,785	Kimberly-Clark Corp.	10,910,235
	102,683	Procter & Gamble Co. (The)	14,263,696

			25,173,931

	Insurance – 1.1%
	65,575	Marsh & McLennan Cos., Inc.	10,751,677
	5,206	W R Berkley Corp.	325,531

			11,077,208



Shares		Description	Value

	Common Stocks – (continued)
	Interactive Media & Services – 4.3%
	267,159	Alphabet, Inc., Class C*	$ 31,161,426
	72,943	Meta Platforms, Inc., Class A*	11,605,231

			42,766,657

	Internet & Direct Marketing Retail – 2.8%
	207,811	Amazon.com, Inc.*	28,044,095
	7,352	Chewy, Inc., Class A*^(b)	285,331

			28,329,426

	IT Services – 2.5%
	40,389	Gartner, Inc.*	10,722,472
	5,450	International Business Machines Corp.	712,805
	14,570	Snowflake, Inc., Class A*	2,184,189
	6,874	Toast, Inc., Class A*	109,847
	57,353	VeriSign, Inc.*	10,848,893
	2,333	Visa, Inc., Class A	494,853

			25,073,059

	Life Sciences Tools & Services – 2.9%
	55,414	Agilent Technologies, Inc.	7,431,018
	2,307	Mettler-Toledo International, Inc.*	3,113,827
	33,756	QIAGEN NV*	1,675,648
	28,357	Thermo Fisher Scientific, Inc.	16,969,112

			29,189,605

	Machinery – 2.8%
	52,657	Caterpillar, Inc.	10,439,250
	143,657	Otis Worldwide Corp.	11,229,668
	16,296	PACCAR, Inc.	1,491,410
	16,588	Parker-Hannifin Corp.	4,795,425
	1,858	Snap-on, Inc.	416,285

			28,372,038

	Media – 1.6%
	23,540	Charter Communications, Inc., Class A*	10,171,634
	43,002	Liberty Broadband Corp., Class C*	4,684,208
	76,807	News Corp., Class A	1,316,472

			16,172,314

	Metals & Mining – 0.8%
	261,772	Freeport-McMoRan, Inc.	8,258,907



Shares		Description	Value

	Common Stocks – (continued)
	Mortgage Real Estate Investment Trusts (REITs) – 0.7%
	984,655	Annaly Capital Management, Inc. REIT	$ 6,774,426

	Multiline Retail – 0.8%
	26,216	Dollar General Corp.	6,512,841
	9,762	Dollar Tree, Inc.*	1,614,244

			8,127,085

	Multi-Utilities – 0.2%
	28,527	CMS Energy Corp.	1,960,661

	Oil, Gas & Consumable Fuels – 3.8%
	4,955	Cheniere Energy, Inc.	741,169
	57,737	ConocoPhillips	5,625,316
	7,173	EOG Resources, Inc.	797,781
	14,657	Exxon Mobil Corp.	1,420,703
	597,308	Kinder Morgan, Inc.	10,745,571
	86,442	Marathon Oil Corp.	2,143,762
	55,934	Marathon Petroleum Corp.	5,126,910
	75,801	ONEOK, Inc.	4,528,352
	30,578	Pioneer Natural Resources Co.	7,245,457

			38,375,021

	Pharmaceuticals – 2.0%
	20,912	Johnson & Johnson	3,649,562
	183,598	Merck & Co., Inc.	16,402,646

			20,052,208

	Road & Rail – 3.7%
	371,691	CSX Corp.	12,016,770
	70,861	Knight-Swift Transportation Holdings, Inc.	3,893,812
	26,351	Norfolk Southern Corp.	6,618,581
	2,711	Old Dominion Freight Line, Inc.	822,815
	62,593	Union Pacific Corp.	14,227,389

			37,579,367

	Semiconductors & Semiconductor Equipment – 5.1%
	20,784	Applied Materials, Inc.	2,202,688
	30,398	Broadcom, Inc.	16,277,521
	4,768	Enphase Energy, Inc.*	1,354,970
	4,043	Lam Research Corp.	2,023,562
	2,700	Monolithic Power Systems, Inc.	1,254,744
	42,731	NVIDIA Corp.	7,761,232
	13,209	NXP Semiconductors NV (China)	2,428,871



Shares		Description	Value

	Common Stocks – (continued)
	Semiconductors & Semiconductor Equipment – (continued)
	42,137	ON Semiconductor Corp.*	$ 2,813,909
	83,780	Texas Instruments, Inc.	14,987,404

			51,104,901

	Software – 11.4%
	3,975	Adobe, Inc.*	1,630,227
	42,005	Fortinet, Inc.*	2,505,598
	17,003	Intuit, Inc.	7,756,258
	252,831	Microsoft Corp.	70,979,775
	81,557	Oracle Corp.	6,348,397
	18,074	Palo Alto Networks, Inc.*	9,020,733
	10,157	Paycom Software, Inc.*	3,356,787
	2,655	Roper Technologies, Inc.	1,159,359
	13,886	ServiceNow, Inc.*	6,202,321
	15,468	Synopsys, Inc.*	5,684,490

			114,643,945

	Specialty Retail – 2.1%
	5,424	Advance Auto Parts, Inc.	1,050,195
	31,696	AutoNation, Inc.*	3,763,583
	5,173	AutoZone, Inc.*	11,056,718
	12,553	Home Depot, Inc. (The)	3,777,700
	16,335	Penske Automotive Group, Inc.	1,870,194

			21,518,390

	Technology Hardware, Storage & Peripherals – 6.8%
	381,699	Apple, Inc.	62,029,905
	85,982	Dell Technologies, Inc., Class C	3,874,349
	180,306	Hewlett Packard Enterprise Co.	2,567,557

			68,471,811

	Textiles, Apparel & Luxury Goods – 0.1%
	14,353	Capri Holdings Ltd.*	698,704

	TOTAL COMMON STOCKS (Cost $834,674,258)		$ 998,845,660

	TOTAL INVESTMENTS BEFORE SECURITIES LENDING REINVESTMENT VEHICLE (Cost $834,674,258)		$ 998,845,660


Shares	Dividend Rate	Value

Securities Lending Reinvestment Vehicle – 0.0%^(c)
Goldman Sachs Financial Square Government Fund – Institutional Shares
276,000	2.062%	$ 276,000
(Cost $276,000)

TOTAL INVESTMENTS – 99.2% (Cost $834,950,258)		$ 999,121,660

OTHER ASSETS IN EXCESS OF LIABILITIES – 0.8%		7,747,105

NET ASSETS – 100.0%		$1,006,868,765



The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets.

*		Non-income producing security.

(a)		Less than 0.05%

(b)		All or a portion of security is on loan.

(c)		Represents an affiliated issuer.



Investment Abbreviations:
PLC		— Public Limited Company
REIT		— Real Estate Investment Trust

A. Investment Valuation — The Funds’ valuation policy is to value investments at fair value.

U.S. GAAP defines the fair value of a financial instrument as the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price); the Funds’ policy is to use the market approach. GAAP establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The level in the fair value hierarchy within which the fair value measurement in its entirety falls shall be determined based on the lowest level input that is significant to the fair value measurement in its entirety. The levels used for classifying investments are not necessarily an indication of the risk associated with investing in these investments. The three levels of the fair value hierarchy are described below:

Level 1 — Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;

Level 2 — Quoted prices in markets that are not active or financial instruments for which significant inputs are observable (including, but not limited to, quoted prices for similar investments, interest rates, foreign exchange rates, volatility and credit spreads), either directly or indirectly;

Level 3 — Prices or valuations that require significant unobservable inputs (including GSAM’s assumptions in determining fair value measurement).

The Board of Trustees (“Trustees”) has approved Valuation Procedures that govern the valuation of the portfolio investments held by the Funds, including investments for which market quotations are not readily available. The Trustees have delegated to GSAM day-to-day responsibility for implementing and maintaining internal controls and procedures related to the valuation of the Funds’ investments. To assess the continuing appropriateness of pricing sources and methodologies, GSAM regularly performs price verification procedures and issues challenges as necessary to third party pricing vendors or brokers, and any differences are reviewed in accordance with the Valuation Procedures.

B. Level 1 and Level 2 Fair Value Investments — The valuation techniques and significant inputs used in determining the fair values for investments classified as Level 1 and Level 2 are as follows:

Equity Securities — Equity securities traded on a United States (“U.S.”) securities exchange or the NASDAQ system, or those located on certain foreign exchanges, including but not limited to the Americas, are valued daily at their last sale price or official closing price on the principal exchange or system on which they are traded. If there is no sale or official closing price or such price is believed by GSAM to not represent fair value, equity securities will be valued at the valid closing bid price for long positions and at the valid closing ask price for short positions (i.e., where there is sufficient volume, during normal exchange trading hours). If no valid bid/ask price is available, the equity security will be valued pursuant to the Valuation Procedures approved by the Trustees and consistent with applicable regulatory guidance. To the extent these investments are actively traded, they are classified as Level 1 of the fair value hierarchy, otherwise they are generally classified as Level 2. Certain equity securities containing unique attributes may be classified as Level 2.

Unlisted equity securities for which market quotations are available are valued at the last sale price on the valuation date, or if no sale occurs, at the last bid price for long positions or the last ask price for short positions, and are generally classified as Level 2. Securities traded on certain foreign securities exchanges are valued daily at fair value determined by an independent fair value service (if available) under Fair Valuation Procedures approved by the Trustees and consistent with applicable regulatory guidance. The independent fair value service takes into account multiple factors including, but not limited to, movements in the securities markets, certain depositary receipts, futures contracts and foreign currency exchange rates that have occurred subsequent to the close of the foreign securities exchange. These investments are generally classified as Level 2 of the fair value hierarchy.

Money Market Funds — Investments in the Goldman Sachs Financial Square Government Fund (“Underlying Fund”) are valued at the NAV per share of the Institutional Share class on the day of valuation. These investments are generally classified as Level 1 of the fair value hierarchy. For information regarding an Underlying Fund’s accounting policies and investment holdings, please see the Underlying Fund’s shareholder report.

Derivative Contracts — A derivative is an instrument whose value is derived from underlying assets, indices, reference rates or a combination of these factors. A Fund enters into derivative transactions to hedge against changes in interest rates, securities prices, and/or currency exchange rates, to increase total return, or to gain access to certain markets or attain exposure to other underliers. For financial reporting purposes, cash collateral that has been pledged to cover obligations of a Fund and cash collateral received, if any, is reported separately on the Statements of Assets and Liabilities as receivables/payables for collateral on certain derivatives contracts. Non-cash collateral pledged by a Fund, if any, is noted in the Schedules of Investments.

Exchange-traded derivatives, including futures and options contracts, are generally valued at the last sale or settlement price on the exchange where they are principally traded. Exchange-traded options without settlement prices are generally valued at the midpoint of the bid and ask prices on the exchange where they are principally traded (or, in the absence of two-way trading, at the last bid price for long positions and the last ask price for short positions). Exchange-traded derivatives typically fall within Level 1 of the fair value hierarchy. Over-the-counter (“OTC”) and centrally cleared derivatives are valued using market transactions and other market evidence, including market-based inputs to models, calibration to market-clearing transactions, broker or dealer quotations, or other alternative pricing sources. Where models are used, the selection of a particular model to value OTC and centrally cleared derivatives depends upon the contractual terms of, and specific risks inherent in, the instrument, as well as the availability of pricing information in the market. Valuation models require a variety of inputs, including contractual terms, market prices, yield curves, credit curves, measures of volatility, voluntary and involuntary prepayment rates, loss severity rates and correlations of such inputs. For OTC and centrally cleared derivatives that trade in liquid markets, model inputs can generally be verified, and model selection does not involve significant management judgment. OTC and centrally cleared derivatives are classified within Level 2 of the fair value hierarchy when significant inputs are corroborated by market evidence.

i. Futures Contracts — Futures contracts are contracts to buy or sell a standardized quantity of a specified commodity or security. Upon entering into a futures contract, a Fund deposits cash or securities in an account on behalf of the broker in an amount sufficient to meet the initial margin requirement. Subsequent payments are made or received by a Fund equal to the daily change in the contract value and are recorded as variation margin receivable or payable with a corresponding offset to unrealized gains or losses.

Securities Lending — Pursuant to exemptive relief granted by the Securities and Exchange Commission (“SEC”) and the terms and conditions contained therein, the Funds may lend their securities through a securities lending agent, Goldman Sachs Agency Lending (“GSAL”), a wholly-owned subsidiary of Goldman Sachs, to certain qualified borrowers including Goldman Sachs and affiliates. In accordance with the Funds’ securities lending procedures, the Funds receive cash collateral at least equal to the market value of the securities on loan. The market value of the loaned securities is determined at the close of business of the Funds, at their last sale price or official closing price on the principal exchange or system on which they are traded, and any additional required collateral is delivered to the Funds on the next business day. As with other extensions of credit, the Funds may experience delay in the recovery of their securities or incur a loss should the borrower of the securities breach its agreement with the Funds or become insolvent at a time when the collateral is insufficient to cover the cost of repurchasing securities on loan. Dividend income received from securities on loan may not be subject to withholding taxes and therefore withholding taxes paid may differ from the amounts listed in the Statements of Operations. Loans of securities are terminable at any time and as such 1) the remaining contractual maturities of the outstanding securities lending transactions are considered to be overnight and continuous and 2) the borrower, after notice, is required to return borrowed securities within the standard time period for settlement of securities transactions.

The Funds invest the cash collateral received in connection with securities lending transactions in the Goldman Sachs Financial Square Government Fund (“Government Money Market Fund”), an affiliated series of the Goldman Sachs Trust. The Government Money Market Fund is registered under the Act as an open end investment company, is subject to Rule 2a-7 under the Act, and is managed by GSAM, for which GSAM may receive a management fee of up to 0.16% on an annualized basis of the average daily net assets of the Government Money Market Fund.

In the event of a default by a borrower with respect to any loan, GSAL will exercise any and all remedies provided under the applicable borrower agreement to make the Funds whole. These remedies include purchasing replacement securities by applying the collateral held from the defaulting broker against the purchase cost of the replacement securities. If, GSAL is unable to purchase replacement securities, GSAL will indemnify the Funds by paying the Funds an amount equal to the market value of the securities loaned minus the value of the cash collateral received from the borrower for the loan, subject to the exclusion for any shortfalls resulting from a loss of value in such cash collateral due to reinvestment risk. The Funds’ master netting agreements with certain borrowers provide the right, in the event of a default (including bankruptcy or insolvency), for the non-defaulting party to liquidate the collateral and calculate net exposure to the defaulting party or request additional collateral. However, in the event of a default by a borrower, a resolution authority could determine that such rights are not enforceable due to the restrictions or prohibitions against the right of set-off that may be imposed in accordance with a particular jurisdiction’s bankruptcy or insolvency laws. The Funds’ loaned securities were all subject to enforceable Securities Lending Agreements and the value of the collateral was at least equal to the value of the cash received.

C. Level 3 Fair Value Investments — To the extent that significant inputs to valuation models and other alternative pricing sources are unobservable, or if quotations are not readily available, or if GSAM believes that such quotations do not accurately reflect fair value, the fair value of a Fund’s investments may be determined under Valuation Procedures approved by the Trustees. GSAM, consistent with its procedures and applicable regulatory guidance, may make an adjustment to the most recent valuation prices of either domestic or foreign securities in light of significant events to reflect what it believes to be the fair value of the securities at the time of determining a Fund’s NAV. To the extent investments are valued using single source broker quotations obtained directly from the broker or passed through from third party pricing vendors, such investments are classified as Level 3 investments.

D. Fair Value Hierarchy — The following is a summary of the Funds’ investments and derivatives classified in the fair value hierarchy as of July 31, 2022:

Fair Value Hierarchy — The following is a summary of the Funds’ investments and derivatives classified in the fair value hierarchy as of July 31, 2022:

For further information regarding security characteristics, see the Schedules of Investments.

Derivatives Risk — The Funds’ use of derivatives may result in loss. Derivative instruments, which may pose risks in addition to and greater than those associated with investing directly in securities, currencies or other instruments, may be illiquid or less liquid, volatile, difficult to price and leveraged so that small changes in the value of the underlying instruments may produce disproportionate losses to the Funds. Derivatives are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. The use of derivatives is a highly specialized activity that involves investment techniques and risks different from those associated with investments in more traditional securities and instruments. Losses from derivatives can also result from a lack of correlation between changes in the value of derivative instruments and the portfolio assets (if any) being hedged.

Dividend-Paying Investments Risk — A Fund’s investments in dividend-paying securities could cause a Fund to underperform other funds. Securities that pay dividends, as a group, can fall out of favor with the market, causing such securities to underperform securities that do not pay dividends. Depending upon market conditions and political and legislative responses to such conditions, dividend-paying securities that meet a Fund’s investment criteria may not be widely available and/or may be highly concentrated in only a few market sectors. In addition, issuers that have paid regular dividends or distributions to shareholders may not continue to do so at the same level or at all in the future. This may limit the ability of a Fund to produce current income.

Large Shareholder Transactions Risk — Fund may experience adverse effects when certain large shareholders, such as other funds, institutional investors (including those trading by use of non-discretionary mathematical formulas), financial intermediaries (who may make investment decisions on behalf of underlying clients and/or include a Fund in their investment model), individuals, accounts and Goldman Sachs affiliates, purchase or redeem large amounts of shares of a Fund. Such large shareholder redemptions, which may occur rapidly or unexpectedly, may cause a Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact a Fund’s NAV and liquidity. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in a Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio. Similarly, large Fund share purchases may adversely affect a Fund’s performance to the extent that the Fund is delayed in investing new cash or otherwise maintains a larger cash position than it ordinarily would.

Liquidity Risk — A Fund may make investments that are illiquid or that may become less liquid in response to market developments or adverse investor perceptions. Illiquid investments may be more difficult to value. Liquidity risk may also refer to the risk that a Fund will not be able to pay redemption proceeds within the allowable time period or without significant dilution to remaining investors’ interests because of unusual market conditions, an unusually high volume of redemption requests, or other reasons. To meet redemption requests, a Fund may be forced to sell investments at an unfavorable time and/or under unfavorable conditions. If a Fund is forced to sell securities at an unfavorable time and/or under unfavorable conditions, such sales may adversely affect the Fund’s NAV and dilute remaining investors’ interests. Redemptions by large shareholders may have a negative impact on a Fund’s liquidity.

Market and Credit Risks — In the normal course of business, a Fund trades financial instruments and enters into financial transactions where risk of potential loss exists due to changes in the market (market risk). The value of the securities in which a Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact a Fund and its investments. Additionally, a Fund may also be exposed to credit risk in the event that an issuer or guarantor fails to perform or that an institution or entity with which the Fund has unsettled or open transactions defaults.

Non-Diversification Risk — The Large Cap Growth Insights Fund is non-diversified, meaning that it is permitted to invest a larger percentage of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments.


LARGE CAP GROWTH INSIGHTS FUND

Investment Type	Level 1		Level 2		Level 3

Assets
Common Stock and/or Other Equity Investments^(a)
North America	$	1,095,092,951	$	—	$	—
Securities Lending Reinvestment Vehicle		1,200,000		—		—

Total	$	1,096,292,951	$	—	$	—

Derivative Type

Assets^(b)
Futures Contracts	$	244,978	$	—	$	—

LARGE CAP VALUE INSIGHTS FUND

Investment Type	Level 1		Level 2		Level 3

Assets
Common Stock and/or Other Equity Investments^(a)
Europe	$	3,759,934	$	—	$	—
North America		383,576,566		—		—
Securities Lending Reinvestment Vehicle		111,200		—		—

Total	$	387,447,700	$	—	$	—

SMALL CAP EQUITY INSIGHTS FUND

Investment Type	Level 1		Level 2		Level 3

Assets
Common Stock and/or Other Equity Investments^(a)
Africa	$	2,736,397	$	—	$	—
Asia		2,352,695		—		—
Europe		5,836,114		—		—
North America		443,351,046		—		—
Securities Lending Reinvestment Vehicle		7,747,207		—		—

Total	$	462,023,459	$	—	$	—


SMALL CAP GROWTH INSIGHTS FUND

Investment Type	Level 1		Level 2		Level 3

Assets
Common Stock and/or Other Equity Investments^(a)
Africa	$	533,551	$	—	$	—
Asia		1,526,132		—		—
Europe		609,017		—		—
North America		136,525,663		—		—
Investment Company		1,515,733		—		—
Securities Lending Reinvestment Vehicle		3,580,052		—		—

Total	$	144,290,148	$	—	$	—

Derivative Type

Assets^(b)
Futures Contracts	$	105,551	$	—	$	—

SMALL CAP VALUE INSIGHTS FUND

Investment Type	Level 1		Level 2		Level 3

Assets
Common Stock and/or Other Equity Investments^(a)
Africa	$	5,299,274	$	—	$	—
Europe		18,466,023		—		—
North America		1,086,470,873		—		—
South America		306,467		—		—
Investment Company		15,322,138		—		—
Securities Lending Reinvestment Vehicle		16,224,137		—		—

Total	$	1,142,088,912	$	—	$	—

Derivative Type

Assets^(b)
Futures Contracts	$	585,465	$	—	$	—

U.S. EQUITY INSIGHTS FUND

Investment Type	Level 1		Level 2		Level 3

Assets
Common Stock and/or Other Equity Investments^(a)
Asia	$	2,428,871	$	—	$	—
Europe		11,135,346		—		—
North America		985,281,443		—		—
Securities Lending Reinvestment Vehicle		276,000		—		—

Total	$	999,121,660	$	—	$	—