Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

PROCTER & GAMBLE Co Annual Report 2022

Dec 12, 2022

29757_rns_2022-12-12_4cc69000-7a43-46c2-9e8f-7285b3f81c53.zip

Annual Report

Open in viewer

Opens in your device viewer

11-K 1 pgsavingsplan2022.htm THE PROCTER & GAMBLE SAVINGS PLAN 2022 Licensed to: The Procter & Gamble Company Document created using Broadridge PROfile 22.10.1.5080 Copyright 1995 - 2022 Broadridge

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 11-K

\ X\ ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] FOR THE FISCAL YEAR ENDED JUNE 30, 2022, OR

\ \ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] for the transition period from ___ to ___

Commission file number 001-00434

A. Full title of the plan and the address of the plan, if different from that of the issuer named below: The Procter & Gamble Savings Plan, c/o The Procter & Gamble Company, Two Procter & Gamble Plaza, Cincinnati, Ohio 45202.

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: The Procter & Gamble Company, Two Procter & Gamble Plaza, Cincinnati, Ohio 45202

REQUIRED INFORMATION

ITEM 4. Plan Financial Statements and Schedules Prepared in Accordance with the Financial Reporting Requirements of ERISA.

EXHIBITS:

23.1 Consent of Independent Registered Public Accounting Firm

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Trustees (or other persons who administer the Employees’ Savings Plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

THE PROCTER & GAMBLE SAVINGS PLAN

Date: December 12, 2022

By: /s/ Kyle Scheidler

Kyle Scheidler
Group Manager

The Procter & Gamble Savings Plan Employer ID No.: 31-0411980 Plan Number: 042 Financial Statements as of and for the Years Ended June 30, 2022 and June 30, 2021, Supplemental Schedule as of June 30, 2022, and Report of Independent Registered Public Accounting Firm

PROfilePageNumberReset%Num%2%-%-%

THE PROCTER & GAMBLE SAVINGS PLAN

TABLE OF CONTENTS
Page
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 3
FINANCIAL STATEMENTS:
Statements of Net Assets Available for Benefits as of June 30, 2022 and June 30, 2021 4
Statements of Changes in Net Assets Available for Benefits for the Years Ended June 30, 2022 and June 30, 2021 5
Notes to Financial Statements as of and for the Years Ended June 30, 2022 and June 30, 2021 6-12
SUPPLEMENTAL SCHEDULE - 13
Form 5500, Schedule H, Part IV, Line 4i - Schedule of Assets (Held at End of Year) as of June 30, 2022 14-61
NOTE: All other schedules required by Section 2520.103-10 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.

-2-

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To The Procter & Gamble U.S. Business Services Company and the Plan Participants

Opinion on the Financial Statements

We have audited the accompanying statements of net assets available for benefits of The Procter & Gamble Savings Plan (the "Plan") as of June 30, 2022 and 2021, the related statements of changes in net assets available for benefits for the years then ended, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of June 30, 2022 and 2021, and the changes in net assets available for benefits for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on the Plan's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Report on Supplemental Schedule

The supplemental schedule of assets (held at end of year) as of June 30, 2022, has been subjected to audit procedures performed in conjunction with the audit of the Plan's financial statements. The supplemental schedule is the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental schedule reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedule. In forming our opinion on the supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in compliance with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, such schedule is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ Deloitte & Touche LLP

Cincinnati, Ohio

December 12, 2022

We have served as the auditor of the Plan since at least 2008; however, an earlier year could not be reliably determined.

-3-

THE PROCTER & GAMBLE SAVINGS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
AS OF JUNE 30, 2022 AND JUNE 30, 2021
2022 2021
PARTICIPANT-DIRECTED INVESTMENTS — At
fair value:
The Procter & Gamble Company common stock $ 1,296,596,420 $ 1,277,599,236
The J.M. Smucker Company common stock 1,408,878 1,547,843
Separately managed accounts 513,887,624 -
Common collective trusts 2,277,771,462 3,233,417,118
Total participant-directed investments — at fair value 4,089,664,384 4,512,564,197
RECEIVABLES:
Accrued investment income 210,984 22,610
Notes receivable from participants 19,178,415 18,134,975
Total receivables 19,389,399 18,157,585
Total assets 4,109,053,783 4,530,721,782
LIABILITIES —
Accrued investment management expense 376,359 210,260
Total liabilities 376,359 210,260
NET ASSETS AVAILABLE FOR BENEFITS $ 4,108,677,424 $ 4,530,511,522
See notes to financial statements.

-4-

THE PROCTER & GAMBLE SAVINGS PLAN
STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEARS ENDED JUNE 30, 2022 AND JUNE 30, 2021
2022 2021
INVESTMENT INCOME:
Net (depreciation) appreciation in fair value of investments $ (326,642,954) $ 929,371,999
Interest 716,907 388,387
Dividends 32,430,325 31,445,691
Total investment (loss) income — net (293,495,722) 961,206,077
INTEREST INCOME ON NOTES RECEIVABLE
FROM PARTICIPANTS 768,573 835,961
CONTRIBUTIONS:
Employee contributions 186,129,295 168,263,700
Employee rollovers 6,920,850 7,957,436
Total contributions 193,050,145 176,221,136
DEDUCTIONS:
Benefits paid to participants 320,304,234 282,257,748
Administrative expenses 2,245,207 2,230,829
Total deductions 322,549,441 284,488,577
NET (DECREASE) INCREASE IN NET ASSETS
PRIOR TO TRANSFER (422,226,445) 853,774,597
TRANSFERS FROM OTHER QUALIFIED PLANS — Net 392,347 131,402
NET (DECREASE) INCREASE IN NET ASSETS (421,834,098) 853,905,999
NET ASSETS AVAILABLE FOR BENEFITS:
Beginning of year 4,530,511,522 3,676,605,523
End of year $ 4,108,677,424 $ 4,530,511,522
See notes to financial statements.

-5-

THE PROCTER & GAMBLE SAVINGS PLAN

NOTES TO FINANCIAL STATEMENTS

AS OF AND FOR THE YEARS ENDED JUNE 30, 2022 AND 2021

  1. DESCRIPTION OF THE PLAN

The following brief description of The Procter & Gamble Savings Plan (the “Plan”) is provided for general information only. Participants should refer to the Plan agreement for more complete information.

General — The Plan is a voluntary defined contribution plan that covers substantially all domestic employees of The Procter & Gamble Company (the “Company”) and certain of its subsidiaries. The Plan is the Company’s active 401(k) plan with ongoing contributions funded by employee contributions. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA). Participants are able to choose either a traditional 401(k) or a Roth 401(k).

The Gillette Company Employee Stock Ownership Plan (the “Gillette ESOP”), another qualified plan sponsored by the Company, transferred balances for terminated employees who were not eligible for retiree medical coverage under the Company’s health care plan(s) to the Plan, as allowed under both the Gillette ESOP and the Plan. Balances are also transferred to the Gillette ESOP when certain employees retire and are eligible to pay the same rate as P&G retirees. Transfers between the Plan and the Gillette ESOP are shown in Transfers from Other Qualified Plans - Net.

The recordkeeper for the Plan is Alight Solutions, LLC. The custodian for the Plan is Northern Trust.

Contributions — The Plan allows contributions by eligible employees. Participants can elect to contribute a portion of their compensation, as defined by the Plan, up to Plan and Internal Revenue Service (IRS) limits. Participants can rollover balances from conduit individual retirement accounts and qualified plans of former employers. In accordance with IRS regulations, participants age 50 or older are eligible to contribute an additional $6,500 as a “catch‑up” contribution in excess of the maximum 401(k) contributions for the calendar years ended December 31, 2022 and 2021 of $20,500 $19,500, respectively.

Qualified Non-Elective Contributions (QNEC) — QNEC are recorded to provide for certain participants who were not given the opportunity to contribute their elected amounts due to certain administrative errors. There were no QNEC for the years ended June 30, 2022 and 2021. When recorded, the QNEC are immediately 100% vested to the employees. The contributions are made in accordance with IRS regulations and do not affect the tax status of the Plan and are reflected as employer contributions on the statements of changes in net assets available for benefits.

Participant Accounts — Individual accounts are maintained for each Plan participant. Each participant’s account is credited with the participant’s contribution, an allocation of the Plan’s earnings or losses, administrative expenses, and participant withdrawals. The benefit to which a participant is entitled is limited to the benefit that can be provided from their account. Participants can allocate their account to one or all investment options offered by the Plan.

Investments — Participants may direct the investment of their accounts into various investment options offered by the Plan. The Plan currently offers common stocks, common collective trust funds, short-term investment funds and separately managed accounts as investment options for participants.

-6-

Vesting — Participants are 100% vested in the assets in their Plan accounts.

Notes Receivable from Participants — The Plan has a loan feature under which active participants may borrow up to 50% of the current value of their vested account balances exclusive of amounts attributable to previous Company contributions (up to a maximum of $50,000) and at an interest rate equal to the prime rate plus 1%. Loans are repaid via payroll deduction over a period of up to 54 months, except for loans used to purchase a primary residence, which are repaid via payroll deduction over a period of up to 114 months. Principal and interest paid is credited to applicable funds in the borrower’s account. Participants who are former employees are not allowed to borrow against their account balances. Upon participant termination or retirement, the outstanding loan balance is treated as a distribution to the participant if repayment is not made by the participant within 90 days of separation, or if an on‑going repayment arrangement has not been made with the Plan. Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent participant loans are recorded as distributions based on the terms of the Plan document. As of June 30, 2022 and 2021, participant loans have maturities through 2031 and 2030, respectively, at interest rates ranging from 4.21 percent to 10.5 percent.

Payment of Benefits — The Plan provides for benefits to be paid upon retirement, disability, death, or separation other than retirement as defined by the Plan document. Plan benefits may be made in a lump sum of cash and/or shares of Company common stock in monthly installments, or variable amounts paid monthly. Retired or terminated employees shall commence required minimum benefit payments after the attainment of age 70 ½ (if age 70 ½ prior to January 1, 2020) or age 72 (if age 72 January 1, 2020 or later).

A participant may withdraw any portion of after‑tax contributions, which were derived from previously merged plans, once in any three‑month period. Participants who have attained age 59 1/2 or have demonstrated financial hardship may withdraw all or any portion of their before‑tax contributions once in any six month period. Account balances attributable to non-active employees are $1,734,393,659 and $1,826,064,998 as of June 30, 2022 and 2021, respectively.

Plan Amendment — The Company has the right to amend the Plan at any time. However, no amendment can reduce the amount of any participant’s account or the participant’s vested percentage of that account.

  1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Accounting — The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP).

Use of Estimates — The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and changes therein and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.

Risks and Uncertainties — The Plan utilizes various investment instruments. Investment securities, in general, are exposed to various risks, such as interest rate, credit, and overall market volatility. Market risks include global events which could impact the value of investment securities, such as a pandemic or international conflict. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the financial statements.

-7-

Concentrations of Investments — Included in investments at June 30, 2022 and 2021, are shares of P&G common stock of $1,296,596,420 and $1,277,599,236, respectively. This investment represents 31.7 percent and 28.3 percent of total investments at June 30, 2022 and 2021, respectively. A significant decline in the market value of P&G common stock would significantly affect the net assets available for benefits.

Investment Valuation and Income Recognition — The Plan’s investments are stated at fair value. Fair value of a financial instrument is the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. Quoted market prices, when available, are used to value investments. The cost of securities sold, transferred, or distributed is determined by the weighted‑average cost of securities allocated to the participant’s account.

Purchases and sales of securities are recorded on a trade‑date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex‑dividend date. Net appreciation (depreciation) includes the Plan’s gains (losses) on investments bought and sold as well as held during the year.

Management fees and operating expenses charged to the Plan for investments are deducted from income earned daily and are not separately reflected. Consequently, management fees and operating expenses are reflected as a reduction of investment return for such investments.

Administrative Expenses — Investment management expenses are paid by the Plan and are netted against investment income. Loan processing fees are paid by the participants through reduction in their investment balances. Recordkeeping fees of the Plan are paid by the Plan and/or participants through a reduction in their investment balances. In addition, fees paid to other vendors are paid by the Plan.

During the plan year, the Plan’s fiduciaries retained a third-party benefits consultant to benchmark the fees participants pay for the Plan. The result of the benchmarking for the Plan was that the Plan fees were reasonable, trending below the average of the benchmark group.

Payment of Benefits — Benefit payments to participants are recorded upon distribution. There were 9 and 11 participants who elected to withdrawal a total of $329,590 and $2,330,038 from the Plan but had not yet been paid at June 30, 2022 and 2021, respectively.

  1. FAIR VALUE MEASUREMENTS

ASC 820, Fair Value Measurements and Disclosures , provides a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value, as follows: Level 1, which refers to securities valued using unadjusted quoted prices from active markets for identical assets; Level 2, which refers to securities not traded on an active market but for which observable market inputs are readily available; and Level 3, which refers to securities valued based on significant unobservable inputs. There are no Level 2 or Level 3 investments in this plan. Assets are valued in their entirety based on the lowest level of input that is significant to the fair value measurement.

Asset Valuation Methodologies — Valuation methodologies maximize the use of relevant observable inputs and minimize the use of unobservable inputs. There have been no changes in the methodologies used at June 30, 2022 and 2021.

Common Stocks — Valued at the closing price reported on the active market on which the individual securities are traded.

-8-

Common Collective Trust Funds — The Plan uses net asset values as a practical expedient to determine the fair value of the common collective trust funds. Net asset value is based on the fair value of the underlying investments held by the fund less its liabilities. Participant transactions (purchases and sales) may occur daily. Redemption for common collective trusts is permitted daily with no other restrictions or notice periods and there are no unfunded commitments. In accordance with GAAP, the common collective trust funds measured at net asset value have not been classified in the fair value hierarchy. The fair value amounts presented in the table below are intended to permit reconciliation to the amounts presented in the Statement of Net Assets Available for Benefits.

Separately Managed Accounts — The Plan’s portfolio of individual securities is managed on the participant’s behalf. Unlike a mutual fund or exchanged-traded fund, the Plan directly owns the individual securities instead of pooling participant assets with other investors. The individual assets of a separately managed account (SMA) are held in the name of the Plan (the Plan owns the underlying securities) and are considered separately as individual investments for accounting, auditing and financial statement reporting purposes. The Plan’s separately managed accounts that are available as investment options for the Plan participants are Procter & Gamble Savings Plan – Russell 2000 Index Separately Managed Account and P&G Savings Short-Term Invested Unitized Account.

Transfers between Levels — The availability of observable market data is monitored to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. The Plan’s policy is to recognize transfers between levels at the actual date of the event or change in circumstances that caused the transfer.

We evaluate the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total net assets available for benefits. For the years ended, June 30, 2022 and 2021, there were no transfers between levels.

Securities Lending – The Procter & Gamble Savings Plan – Russell 2000 Index Separately Managed Account (also referred to as the Small Cap Equity SL Fund) has a securities lending (SL) program. An agreement was established between BlackRock, Inc. (BlackRock), the Fund Manager, and the Company to lend securities held in the Plan account to third-parties. The fair value of the securities loaned by the Plan is $163,778,393 at June 30, 2022. The collateral and the securities loaned are marked-to-market on a daily basis so that all loaned securities are fully collateralized at all times.

The SL program for the Small Cap Equity SL Fund has been designed by BlackRock to largely mitigate SL financial risks. SL could result in a loss, if either a) the borrower fails to timely return the on-loan securities or does not return the on-loan securities at all, or b) the collateral for the security on loan is reinvested and declines in value. These two risks have been in principle mitigated as the Fund Manager (BlackRock) of the Small Cap Equity SL Fund provides a full indemnification to replace on loan securities if borrowers default, and our SL agreement requires BlackRock to hold received collateral, thereby eliminating the reinvestment risk. The remaining financial risk is estimated to be very small as is requires simultaneously that a) the borrower of the securities defaults, b) the posted collateral is insufficient to purchase replacement securities and c) the Fund Manager (BlackRock) defaults at the same time, and hence would be unable to honor its indemnification and other contractual requirements. This already small risk is further mitigated as BlackRock requires collaterals to be marked-to-market daily. If the value of the collateral declines, the borrower is required to provide additional collateral until the collateral covers 102% to 105% of the value of the loaned securities.

The following table sets forth by level within the fair value hierarchy a summary of the Plan’s investments measured at fair value on a recurring basis at June 30, 2022 and 2021.

-9-

Fair Value Measurements
Quoted Prices in Active Markets
For Identical Assets
2022 2021
Investments Measured at Fair Value:
Common Stock - Level 1 $ 1,298,005,298 $ 1,279,147,079
Separately Managed Accounts:
Common Stock - Level 1 315,268,684 -
Money Market Fund - Level 1 198,618,940 -
Total Investments Measured at Fair Value 1,811,892,922 1,279,147,079
Investments measured at NAV:
Common Collective Trusts 2,277,771,462 3,233,417,118
Total Investments $ 4,089,664,384 $ 4,512,564,197

Investment Reclassification – For the year ended June 30, 2022, separately managed accounts totaling $513,887,624 were reclassified from Investments measured at NAV. The underlying holdings of the SMAs were reported within the fair value hierarchy as Level 1.

  1. EXEMPT PARTY‑IN‑INTEREST TRANSACTIONS

Certain Plan investments are shares of P&G common stock and funds managed by Northern Trust, BlackRock, and State Street Global Advisors. Transactions with the recordkeeper, trustee, custodian, and investment manager qualify as party‑in‑interest transactions. Fees paid by the Plan for investment management services were included as a reduction of the return earned on each fund.

At June 30, 2022 and 2021, the Plan held 9,021,937 and 9,461,131 shares, respectively, of common stock of the Company, the sponsoring employer, with a cost basis of $647,011,465 and $637,714,763, respectively. During the years ended June 30, 2022 and 2021, the Plan recorded dividend income on Company common stock of $32,385,050 and $31,400,795, respectively.

During the years ended June 30, 2022 and 2021, the Plan’s investment in Company common stock, including gains and losses on investments bought and sold as well as held during the year, appreciated in value by $85,641,406 and $152,003,928, respectively.

  1. PLAN TERMINATION

Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions set forth in ERISA. In the event of Plan termination, the net assets of the Plan will be distributed to the participants in an order of priority determined in accordance with ERISA and its applicable regulations and the Plan document.

-10-

  1. FEDERAL INCOME TAX STATUS

The Internal Revenue Service has determined and informed the Company by a letter dated September 20, 2017, that the Plan and related trust were designed in accordance with the applicable regulations of the Internal Revenue Code. The Plan has been amended since receiving the determination letter from the IRS. The Plan is subject to routine audits by taxing jurisdictions at any time. The Plan has been amended since receiving the determination letter. However, the Company and Plan management have concluded that the Plan, as designed and operated, complies with the applicable requirements of the Internal Revenue Code and the Plan and related trust remain tax‑exempt. Therefore, no provision for income taxes has been included in the Plan’s financial statements.

  1. RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500

The following is a reconciliation of net assets available for benefits per the financial statements as of June 30, 2022 and 2021, to Form 5500:

2022 2021
Net assets available for benefits per the financial
statements $ 4,108,677,424 $ 4,530,511,522
Less: certain deemed distributions of participant loans (2,117,918) (2,052,837)
Net assets available for benefits per the Form 5500 $ 4,106,559,506 $ 4,528,458,685

The following is a reconciliation of investment income on notes receivable from participants per the financial statements for the year ended June 30, 2022, to Form 5500:

Investment income on notes receivable from participants $ 768,573
Less: interest on deemed distribution (3,615)
Interest on participant loans per the Form 5500 $ 764,958

The following is a reconciliation of the increase in net assets per the financial statements for the year ended June 30, 2022, to Form 5500 net income:

Net decrease in assets available for benefits per the financial
statements prior to net transfers $ (422,226,445)
Plus: previously deemed distribution of participant loans 218,069
Less: certain deemed distributions of participant loans and related interest (283,150)
Net loss per the Form 5500 $ (422,291,526)

-11-

The following is a reconciliation of benefits paid to participants per the financial statements for the year ended June 30, 2022 to Form 5500:

Benefits paid to participants per the financial statements $ 320,304,234
Less: previously deemed distributions of participant loans (218,069)
Plus: current deemed distributions 279,535
Benefits paid to participants per the Form 5500 $ 320,365,700

-12-

SUPPLEMENTAL SCHEDULE

-13-

THE PROCTER & GAMBLE SAVINGS PLAN
FORM 5500, SCHEDULE H, PART IV, LINE 4i — SCHEDULE OF ASSETS (HELD AT END OF YEAR)
AS OF JUNE 30, 2022
EIN: 31-0411980
PLAN: 042
Identity of Issuer Description of Investment Fair Value
INVESTMENTS AT FAIR VALUE:
The Procter & Gamble Company* Common stock $ 1,296,596,420
The J.M. Smucker Company Common stock 1,408,878
BlackRock* Procter & Gamble Savings Plan – Russell 2000 Index SMA*** 315,268,684
BlackRock* P&G Savings Short-Term Invested Unitized Account (money market fund) 198,618,940
Common Collective Trusts
BlackRock* US Debt Index Non-Lendable Fund 312,124,744
BlackRock* ACWI EX-US Index Non-Lendable 196,513,224
BlackRock* Global Equity Index Fund 481,073,681
BlackRock* Blackrock Equity Non-Lending Class 1,051,180,091
State Street Global Advisors* SSgA US Short Term Government/Credit Bond Index 88,245,691
State Street Global Advisors* SSgA Real Return Ex-Natural Resources Equity Non-Lending Series Fund 146,640,038
Northern Trust* Short Term Investment Fund 1,993,993
Total Common Collective Trusts 2,277,771,462
Loans to participants* Various participants, interest rates ranging from
4.21% to 10.5% various maturities through December 2031** 17,060,497
TOTAL INVESTMENTS $ 4,106,724,881
* Denotes party-in-interest.
** Net of loans deemed distributed of $2,117,918
*** See underlying holdings on pages 15-61

-14-

Procter & Gamble Savings Plan – Russell 2000 Index Separately Managed Account

Underlying Holdings ***

As of June 30, 2022

Security Name Fair Value
SHORT-TERM INVESTMENT FUND $ 4,069,285
BIOHAVEN PHARMACEUTICAL HOLDING CO 1,238,535
SHOCKWAVE MEDICAL INC 928,704
CHART INDUSTRIES INC 839,578
HALOZYME THERAPEUTICS INC 814,792
SAILPOINT TECHNOLOGIES HOLDINGS IN 797,352
SOUTHSTATE CORP 793,333
SOUTHWEST GAS HOLDINGS INC 785,375
STAG INDUSTRIAL REIT INC 761,038
AGREE REALTY REIT CORP 728,441
MATADOR RESOURCES 720,235
GLACIER BANCORP INC 720,215
RBC BEARINGS INC 720,010
INTRA CELLULAR THERAPIES INC 713,386
EMCOR GROUP INC 713,204
MURPHY USA INC 711,651
SELECTIVE INSURANCE GROUP INC 707,865
FIRST FINANCIAL BANKSHARES INC 698,653
HEALTHEQUITY INC 695,917
SILICON LABORATORIES INC 695,071
TEXAS ROADHOUSE INC 682,736
OMNICELL INC 682,159
SAIA INC 681,876
TENABLE HOLDINGS INC 681,695
CMC MATERIALS INC 679,639
INSPIRE MEDICAL SYSTEMS INC 679,532
KINSALE CAPITAL GROUP INC 677,668
QUALYS INC 671,948
ROGERS CORP 670,164
AMN HEALTHCARE INC 669,670
ALKERMES 664,674
VONAGE HOLDINGS CORP 660,945
EXLSERVICE HOLDINGS INC 652,525
IRIDIUM COMMUNICATIONS INC 652,417
BLACK HILLS CORP 648,453
EXPONENT INC 643,126
BLACKSTONE MORTGAGE TRUST REIT CLA 641,197
SYNAPTICS INC 639,713

-15-

TEGNA INC 638,830
UNITED BANKSHARES INC 637,713
LHC GROUP INC 633,239
SANDERSON FARMS INC 628,701
LIGHT WONDER INC 628,444
INDEPENDENCE REALTY INC TRUST 626,792
ASGN INC 624,259
RLI CORP 619,792
LANTHEUS HOLDINGS INC 616,126
MURPHY OIL CORP 611,136
VALLEY NATIONAL 610,765
HELMERICH & PAYNE INC 606,371
OLD NATIONAL BANCORP 597,265
ONE GAS INC 595,610
SIMPSON MANUFACTURING INC 594,404
POWER INTEGRATIONS INC 591,529
PORTLAND GENERAL ELECTRIC 591,028
NOVANTA INC 589,979
NEW JERSEY RESOURCES CORP 586,282
S JERSEY INDS INC 572,221
BROOKFIELD INFRASTRUCTURE CORP CLA 567,163
UFP INDUSTRIES INC 567,129
SM ENERGY 567,075
TERRENO REALTY REIT CORP 564,712
BALCHEM CORP 563,850
MEDPACE HOLDINGS INC 563,358
ESSENT GROUP LTD 563,116
HEALTHCARE REALTY TRUST REIT INC 561,843
SPS COMMERCE INC 561,293
APELLIS PHARMACEUTICALS INC 560,909
RYMAN HOSPITALITY PROPERTIES REIT 560,873
PNM RESOURCES INC 557,019
CHAMPIONX CORP 554,669
HOULIHAN LOKEY INC CLASS A 549,432
COMMERCIAL METALS 547,309
OPTION CARE HEALTH INC 546,018
SERVISFIRST BANCSHARES INC 540,839
ENSIGN GROUP INC 537,800
HOME BANCSHARES INC 537,777
CADENCE BANK 537,598
PHYSICIANS REALTY TRUST REIT 537,128
INTELLIA THERAPEUTICS INC 533,024
RAPID7 INC 529,924

-16-

HANCOCK WHITNEY CORP 528,369
CIVITAS RESOURCES INC 527,083
HELEN OF TROY LTD 526,696
MAXIMUS INC 524,834
PHILLIPS EDISON AND COMPANY INC 523,167
EVOQUA WATER TECHNOLOGIES CORP 522,988
UMB FINANCIAL CORP 522,541
SPIRE INC 518,285
KITE REALTY GROUP TRUST REIT 516,245
PS BUSINESS PARKS REIT INC 514,663
ASBURY AUTOMOTIVE GROUP INC 512,423
INDEPENDENT BANK CORP 507,717
BLACKLINE INC 503,829
LIVENT CORP 502,402
APPLIED INDUSTRIAL TECHNOLOGIES IN 501,911
AVIENT CORP 499,838
ARROWHEAD PHARMACEUTICALS INC 496,461
INSPERITY INC 495,756
CASELLA WASTE SYSTEMS INC CLASS A 495,678
ATKORE INC 488,265
CELSIUS HOLDINGS INC 487,623
FIRST INTERSTATE BANCSYSTEM INC CL 486,893
ORMAT TECH INC 485,692
CABOT CORP 485,059
MARQETA INC CLASS A 481,256
MAGNOLIA OIL GAS CORP CLASS A 479,873
JOHN BEAN TECHNOLOGIES CORP 477,456
SEMTECH CORP 475,600
FLUOR CORP 473,364
ONTO INNOVATION INC 471,373
BROADSTONE NET LEASE INC 471,176
TURNING POINT THERAPEUTICS INC 470,313
RADIAN GROUP INC 468,770
FOX FACTORY HOLDING CORP 466,729
ZIFF DAVIS INC 466,632
STAAR SURGICAL 464,875
ZURN WATER SOLUTIONS CORP 463,162
THE SIMPLY GOOD FOODS COMPANY 462,456
COMMUNITY BANK SYSTEM INC 462,197
PATTERSON UTI ENERGY INC 461,800
SENSIENT TECHNOLOGIES CORP 460,723
FRANKLIN ELECTRIC INC 459,926
WATTS WATER TECHNOLOGIES INC CLASS 458,807

-17-

TRITON INTERNATIONAL LTD 458,529
LIVANOVA PLC 458,405
ALLETE INC 456,368
GATX CORP 455,923
KARUNA THERAPEUTICS INC 453,032
CVB FINANCIAL CORP 452,013
HAEMONETICS CORP 451,893
INARI MEDICAL INC 447,442
BOX INC CLASS A 444,651
HANNON ARMSTRONG SUSTAINABLE INFRA 440,539
IRHYTHM TECHNOLOGIES INC 440,438
SABRA HEALTH CARE REIT INC 439,776
AEROJET ROCKETDYNE HOLDINGS INC 439,454
CYTOKINETICS INC 439,026
VARONIS SYSTEMS INC 438,129
NORTHWESTERN CORP 438,086
HB FULLER 437,064
HILTON GRAND VACATIONS INC 437,014
CNX RESOURCES CORP 434,923
PERFICIENT INC 432,502
APPLE HOSPITALITY REIT INC 431,855
DIGITALOCEAN HOLDINGS INC 431,385
WORKIVA INC CLASS A 430,783
AVISTA CORP 430,662
WELBILT INC 427,294
KORN FERRY 426,679
API GROUP CORP 423,367
UNITED COMMUNITY BANKS INC 423,354
INNOVATIVE INDUSTRIAL PROPERTIES I 417,506
DENBURY INC 416,511
LXP INDUSTRIAL TRUST 415,574
VIAVI SOLUTIONS INC 413,755
CALIFORNIA RESOURCES CORP 413,221
MERIT MEDICAL SYSTEMS INC 412,506
FORMFACTOR INC 412,087
BLUEPRINT MEDICINES CORP 412,010
GOODYEAR TIRE & RUBBER 411,939
ACI WORLDWIDE INC 411,444
POTLATCHDELTIC CORP 411,365
FABRINET 409,798
AMERICAN STATES WATER 409,262
MUELLER INDUSTRIES INC 408,095
ALARM.COM HOLDINGS INC 408,090

-18-

ACADEMY SPORTS AND OUTDOORS INC 407,075
HILLENBRAND INC 406,159
EASTERN BANKSHARES INC 405,622
EQUITY COMMONWEALTH REIT 405,159
ARCONIC CORP 404,874
CALIFORNIA WATER SERVICE GROUP 404,848
PRESTIGE CONSUMER HEALTHCARE INC 404,838
WALKER & DUNLOP INC 404,724
CROCS INC 404,058
CORPORATE OFFICE PROPERTIES TRUST 403,771
AMICUS THERAPEUTICS INC 403,727
COMFORT SYSTEMS USA INC 402,945
MATSON INC 399,601
HOSTESS BRANDS INC CLASS A 399,299
TRINET GROUP INCINARY 399,277
ABM INDUSTRIES INC 398,422
BANKUNITED INC 396,712
DENALI THERAPEUTICS INC 396,216
ENVESTNET INC 395,775
BELLRING BRANDS INC 395,378
VISTEON CORP 393,293
DORMAN PRODUCTS INC 393,201
DIODES INC 392,908
DIGITALBRIDGE GROUP INC CLASS A 392,616
CATHAY GENERAL BANCORP 392,440
MANTECH INTERNATIONAL CORP CLASS A 392,109
AMERICAN EQUITY INVESTMENT LIFE HO 391,336
CLEARWAY ENERGY INC CLASS C 390,522
CALLAWAY GOLF 389,395
MGE ENERGY INC 386,971
R1 RCM INC 386,607
ADIENT PLC 386,109
BRINKS 385,751
RESIDEO TECHNOLOGIES INC 384,807
ALLEGHENY TECHNOLOGIES INC 384,776
PTC THERAPEUTICS INC 384,296
PBF ENERGY INC CLASS A 384,138
ESSENTIAL PROPERTIES REALTY TRUST 384,112
COMMVAULT SYSTEMS INC 383,690
KOSMOS ENERGY LTD 382,282
BEACON ROOFING SUPPLY INC 381,913
FEDERATED HERMES INC CLASS B 381,480
LCI INDUSTRIES 380,168

-19-

ASSOCIATED BANCORP 379,991
SPROUTS FARMERS MARKET INC 379,294
SUMMIT MATERIALS INC CLASS A 379,278
ALTAIR ENGINEERING INC CLASS A 377,790
OTTER TAIL CORP 377,741
PAPA JOHNS INTERNATIONAL INC 375,924
INSIGHT ENTERPRISES INC 375,404
WD-40 374,731
ADVANCED ENERGY INDUSTRIES INC 374,095
GROUP AUTOMOTIVE INC 373,730
VERINT SYSTEMS INC 372,722
CONMED CORP 369,921
BLACKBAUD INC 369,790
TAYLOR MORRISON HOME CORP 368,738
TEXAS CAPITAL BANCSHARES INC 368,375
WHITING PETROLEUM CORP 367,702
DYCOM INDUSTRIES INC 367,508
BLOOM ENERGY CLASS A CORP 366,795
NATIONAL HEALTH INVESTORS REIT INC 366,509
SPROUT SOCIAL INC CLASS A 366,306
FIRSTCASH HOLDINGS INC 366,248
AMERIS BANCORP 364,634
MR COOPER GROUP INC 364,608
SIMMONS FIRST NATIONAL CORP CLASS 363,482
AXONICS INC 362,518
PATTERSON COMPANIES INC 362,024
COCA COLA CONSOLIDATED INC 362,024
MERITAGE CORP 359,600
PACIFIC PREMIER BANCORP INC 359,213
PACIRA BIOSCIENCES INC 358,720
SITE CENTERS CORP 358,598
EQUITRANS MIDSTREAM CORP 357,502
SITIME CORP 356,710
NEOGEN CORP 356,171
COGENT COMMUNICATIONS HOLDINGS INC 355,507
SPIRIT AIRLINES INC 354,906
WSFS FINANCIAL CORP 353,353
UNIFIRST CORP 352,797
NUVASIVE INC 351,740
ATLANTIC UNION BANKSHARES CORP 350,360
VALARIS LTD 350,296
SELECT MEDICAL HOLDINGS CORP 350,025
MERITOR INC 349,313

-20-

STEVEN MADDEN LTD 347,417
FIRST BANCORP 346,349
MOELIS CLASS A 345,965
SKYLINE CHAMPION CORP 344,364
EVOLENT HEALTH INC CLASS A 343,614
INDEPENDENT BANK GROUP INC 343,353
PEABODY ENERGY CORP 343,264
LANCASTER COLONY CORP 341,396
SIGNET JEWELERS LTD 341,342
OUTFRONT MEDIA INC 340,729
KULICKE AND SOFFA INDUSTRIES INC 340,125
ENSTAR GROUP LTD 339,800
UPWORK INC 339,379
ALBANY INTERNATIONAL CORP CLASS A 338,561
WERNER ENTERPRISES INC 338,535
FORWARD AIR CORP 337,493
INGEVITY CORP 336,410
BEAM THERAPEUTICS INC 335,771
ENERSYS 334,716
SANMINA CORP 334,393
MAXLINEAR INC 333,582
BUMBLE INC CLASS A 331,410
CUSHMAN AND WAKEFIELD PLC 331,028
NETSCOUT SYSTEMS INC 329,868
OASIS PETROLEUM INC 327,847
HUB GROUP INC CLASS A 325,756
AMBARELLA INC 325,598
VISHAY INTERTECHNOLOGY INC 324,199
CACTUS INC CLASS A 324,174
AAON INC 323,686
BADGER METER INC 323,479
RAMBUS INC 323,467
INNOSPEC INC 323,291
HAMILTON LANE INC CLASS A 323,069
BOISE CASCADE 321,722
BELDEN INC 321,165
TRUPANION INC 320,945
INSMED INC 320,430
FULTON FINANCIAL CORP 319,518
INTEGER HOLDINGS CORP 318,747
CHEGG INC 318,584
SPX CORP 318,308
MACOM TECHNOLOGY SOLUTIONS INC 317,721

-21-

OWENS & MINOR INC 317,614
VERRA MOBILITY CORP CLASS A 317,389
HERC HOLDINGS INC 317,328
SONOS INC 315,592
ALPHA METALLURGICAL RESOURCE INC 315,465
GOLAR LNG LTD 314,519
ALTRA INDUSTRIAL MOTION CORP 314,254
MOOG INC CLASS A 313,194
UNITED NATURAL FOODS INC 313,112
KB HOME 312,263
ALIGHT INC CLASS A 311,141
ARCOSA INC 307,413
KENNEDY WILSON HOLDINGS INC 307,112
ITRON INC 306,515
WINGSTOP INC 305,884
CHESAPEAKE UTILITIES CORP 305,349
NATIONAL VISION HOLDINGS INC 305,278
UNITI GROUP INC 304,181
INTERNATIONAL BANCSHARES CORP 303,766
EVERTEC INC 303,375
BRADY NONVOTING CORP CLASS A 302,667
ABCELLERA BIOLOGICS INC 300,351
CARGURUS INC CLASS A 299,528
COVETRUS INC 298,945
ARCH RESOURCES INC CLASS A 298,629
O I GLASS INC 298,382
STEPAN 295,942
GRAHAM HOLDINGS COMPANY CLASS B 295,324
PROGYNY INC 295,293
NU SKIN ENTERPRISES INC CLASS A 294,960
PEBBLEBROOK HOTEL TRUST REIT 294,880
PLEXUS CORP 294,140
Q2 HOLDINGS INC 293,556
ARTISAN PARTNERS ASSET MANAGEMENT 293,488
HELIOS TECHNOLOGIES INC 293,223
SUNSTONE HOTEL INVESTORS REIT INC 292,213
STONECO LTD CLASS A 292,030
COLUMBIA BANKING SYSTEM INC 291,342
TREEHOUSE FOODS INC 290,482
J AND J SNACK FOODS CORP 290,213
CHIMERA INVESTMENT CORP 289,666
PAGERDUTY INC 289,282
FEDERAL SIGNAL CORP 289,250

-22-

PRIMO WATER CORP 288,874
FOUR CORNERS PROPERTY INC TRUST 288,767
KADANT INC 287,019
HECLA MINING 286,685
FOOT LOCKER INC 286,360
CNO FINANCIAL GROUP INC 285,315
GLAUKOS CORP 284,057
MULTIPLAN CORP CLASS A 283,778
AXOS FINANCIAL INC 283,609
FATE THERAPEUTICS INC 282,591
GENTHERM INC 281,906
JOHN WILEY AND SONS INC CLASS A 281,784
DUOLINGO INC CLASS A 280,948
MEDIFAST INC 280,332
ARVINAS INC 279,436
RUSH ENTERPRISES INC CLASS A 279,367
ARBOR REALTY TRUST REIT INC 277,630
QUAKER CHEMICAL CORP 277,360
BOOT BARN HOLDINGS INC 277,087
CORCEPT THERAPEUTICS INC 276,894
HERBALIFE NUTRITION LTD 276,259
JACKSON FINANCIAL INC CLASS A 275,846
TRINITY INDUSTRIES INC 275,648
FIRST MERCHANTS CORP 275,592
SEAWORLD ENTERTAINMENT INC 274,844
INSTALLED BUILDING PRODUCTS INC 274,761
FOCUS FINANCIAL PARTNERS INC CLASS 273,127
PROGRESS SOFTWARE CORP 272,615
MINERALS TECHNOLOGIES INC 272,472
MILLERKNOLL INC 272,341
TRONOX HOLDINGS PLC 271,404
WASHINGTON FEDERAL INC 271,231
GLOBAL BLOOD THERAPEUTICS INC 270,648
ENCORE WIRE CORP 270,504
FRONTDOOR INC 270,346
PIPER SANDLER COMPANIES 270,250
BIOCRYST PHARMACEUTICALS INC 268,446
TWIST BIOSCIENCE CORP 267,829
BANNER CORP 267,335
CALIX NETWORKS INC 265,507
CRACKER BARREL OLD COUNTRY STORE I 264,830
CBIZ INC 264,655
GMS INC 264,419

-23-

RETAIL OPPORTUNITY INVESTMENTS REI 264,410
KENNAMETAL INC 264,172
CALLON PETROLEUM 263,777
CSG SYSTEMS INTERNATIONAL INC 263,666
YELP INC 263,510
AEROVIRONMENT INC 260,738
MAXAR TECHNOLOGIES INC 259,882
SABRE CORP 259,406
APPIAN CORP CLASS A 259,107
INTERDIGITAL INC 258,218
ENERGIZER HOLDINGS INC 258,183
MACERICH REIT 257,441
KONTOOR BRANDS INC 257,016
TEREX CORP 256,895
CAL MAINE FOODS INC 256,339
BANCFIRST CORP 256,311
FLAGSTAR BANCORP INC 256,091
FIRST FINANCIAL BANCORP 255,556
WESBANCO INC 255,234
WASHINGTON REAL ESTATE INVESTMENT 254,356
ATRICURE INC 254,149
EDGEWELL PERSONAL CARE 253,998
DELEK US HOLDINGS INC 253,645
INTERNATIONAL GAME TECHNOLOGY PLC 253,270
MDC HOLDINGS INC 253,117
TOWNEBANK 252,712
VIR BIOTECHNOLOGY INC 252,051
SHOALS TECHNOLOGIES GROUP INC CLAS 251,304
SEACOAST BANKING OF FLORIDA 250,278
SUPER MICRO COMPUTER INC 249,968
MCGRATH RENT 249,964
DANA INCORPORATED INC 249,954
SUNNOVA ENERGY INTERNATIONAL INC 249,819
LIBERTY ENERGY INC CLASS A 248,629
TECHTARGET INC 248,619
RLJ LODGING TRUST REIT 248,451
MUELLER WATER PRODUCTS INC SERIES 247,890
TRUSTMARK CORP 247,356
LGI HOMES INC 247,317
GENWORTH FINANCIAL A INC 246,913
RED ROCK RESORTS ORS CLASS A INC 246,130
MEDNAX INC 245,586
AXCELIS TECHNOLOGIES INC 245,080

-24-

CARETRUST REIT INC 244,330
NORTHWEST NATURAL HOLDING COMPANY 244,260
CAVCO INDUSTRIES INC 243,812
KAR AUCTION SERVICES INC 243,351
HAIN CELESTIAL GROUP INC 242,362
ALLEGIANT TRAVEL 241,560
ESCO TECHNOLOGIES INC 241,073
SANDY SPRING BANCORP INC 240,281
PARK NATIONAL CORP 239,833
URBAN EDGE PROPERTIES 239,664
LIVERAMP HOLDINGS INC 239,620
ICF INTERNATIONAL INC 239,020
INVENTRUST PROPERTIES CORP 238,171
MASONITE INTERNATIONAL CORP 237,866
APPFOLIO INC CLASS A 237,749
ATLAS AIR WORLDWIDE HOLDINGS INC 237,707
TRI POINTE HOMES INC 237,681
TWO HARBORS INVESTMENT REIT CORP 237,033
PRICESMART INC 237,024
DIAMONDROCK HOSPITALITY REIT 236,563
AMERICAN EAGLE OUTFITTERS INC 236,368
AMKOR TECHNOLOGY INC 236,114
HEARTLAND FINANCIAL USA INC 235,947
ARCBEST CORP 235,669
KRATOS DEFENSE AND SECURITY SOLUTI 235,530
SCORPIO TANKERS INC 234,288
ENPRO INDUSTRIES INC 233,582
XEROX HOLDINGS CORP 232,358
CONSOL ENERGY INC 232,086
EASTERLY GOVERNMENT PROPERTIES INC 232,021
AIR TRANSPORT SERVICES GROUP INC 231,851
ALLSCRIPTS HEALTHCARE SOLUTIONS IN 231,467
ACADIA PHARMACEUTICALS INC 230,822
PROVIDENT FINANCIAL SERVICES INC 230,636
PJT PARTNERS INC CLASS A 230,448
SJW GROUP 229,794
STOCK YARDS BANCORP INC 229,649
SILVERGATE CAPITAL CLASS A CORP 229,376
PLANTRONICS INC 229,350
NEXTIER OILFIELD SOLUTIONS INC 228,754
SAGE THERAPEUTICS INC 228,716
XENIA HOTELS RESORTS REIT INC 228,121
NORTHERN OIL AND GAS INC 227,163

-25-

ARRAY TECHNOLOGIES INC 226,619
IOVANCE BIOTHERAPEUTICS INC 226,519
STRIDE INC 226,099
HILLTOP HOLDINGS INC 226,023
NAVIENT CORP 225,267
CINEMARK HOLDINGS INC 225,090
BRANDYWINE REALTY TRUST REIT 224,930
CONSTELLIUM SE CLASS A 224,464
LAKELAND FINANCIAL CORP 223,171
STRATEGIC EDUCATION INC 222,750
PIEDMONT OFFICE REALTY TRUST REIT 221,715
HOPE BANCORP INC 221,177
WOLVERINE WORLD WIDE INC 221,155
DIGITAL TURBINE INC 221,065
B AND G FOODS INC 220,678
ADTALEM GLOBAL EDUCATION INC 220,424
GREIF INC CLASS A 220,326
COHEN & STEERS INC 219,767
RENASANT CORP 219,388
CENTRAL GARDEN AND PET CLASS A 218,975
TELEPHONE AND DATA SYSTEMS INC 218,502
COURSERA INC 218,088
KNOWLES CORP 217,041
NBT BANCORP INC 216,669
HORACE MANN EDUCATORS CORP 216,540
VERITIV CORP 216,340
WARRIOR MET COAL INC 216,107
IRONWOOD PHARMA INC CLASS A 215,450
EMERGENT BIOSOLUTIONS INC 214,331
XENCOR INC 214,280
NORTHWEST BANCSHARES INC 214,208
WINNEBAGO INDUSTRIES INC 213,713
CHEMOCENTRYX INC 213,703
VISTA OUTDOOR INC 213,519
PALOMAR HOLDINGS INC 213,228
XPERI HOLDING CORP 213,073
NV5 GLOBAL INC 212,934
E2OPEN PARENT HOLDINGS INC CLASS A 212,791
GCP APPLIED TECHNOLOGIES INC 212,078
BANK OF NT BUTTERFIELD & SON LTD 212,061
CORNERSTONE BUILDING BRANDS INC 211,741
MICROSTRATEGY INC CLASS A 211,618
CSW INDUSTRIALS INC 210,181

-26-

NEVRO CORP 209,420
MIDDLESEX WATER 208,065
CLAROS MORTGAGE TRUST INC 208,052
BARNES GROUP INC 207,797
TELLURIAN INC 207,688
EAGLE BANCORP INC 207,134
MATERION CORP 205,780
TRIUMPH BANCORP INC 205,322
APOLLO MEDICAL HOLDINGS INC 204,797
VECTOR GROUP LTD 204,498
GLOBAL NET LEASE INC 204,074
LTC PROPERTIES REIT INC 203,736
DYNAVAX TECHNOLOGIES CORP 203,266
APOLLO COMMERCIAL REAL ESTATE FINA 202,285
ELF BEAUTY INC 201,782
SHAKE SHACK INC CLASS A 201,624
TRAVERE THERAPEUTICS INC 201,569
BLOOMIN BRANDS INC 201,484
HNI CORP 201,063
CANNAE HOLDINGS INC 200,865
BEYOND MEAT INC 200,521
UNIVERSAL CORP 200,134
AMERESCO INC CLASS A 199,234
MYR GROUP INC 198,645
NEWMARK GROUP INC CLASS A 198,206
LINDSAY CORP 198,167
WEATHERFORD INTERNATIONAL PLC 198,045
TANGER FACTORY OUTLET CENTERS REIT 197,715
PRA GROUP INC 197,471
MYRIAD GENETICS INC 197,181
AMERICAN ASSETS TRUST REIT INC 197,060
EMBECTA CORP 196,711
VERITEX HOLDINGS INC 196,656
EPLUS 196,597
ENTERPRISE FINANCIAL SERVICES CORP 196,503
GRAY TELEVISION INC 196,397
EVERI HOLDINGS INC 196,307
WESTAMERICA BANCORPORATION 196,146
CEREVEL THERAPEUTICS HOLDINGS INC 196,079
AAR CORP 195,602
SCHRODINGER INC 195,276
TRICO BANCSHARES 195,202
VERACYTE INC 195,040

-27-

GOLDEN OCEAN GROUP LTD 194,923
ACUSHNET HOLDINGS CORP 194,396
SUPERNUS PHARMACEUTICALS INC 193,851
MONRO INC 193,732
FB FINANCIAL CORP 193,355
DAVE AND BUSTERS ENTERTAINMENT INC 193,140
TENNECO INC CLASS A 193,084
NMI HOLDINGS INC CLASS A 192,890
NEXPOINT RESIDENTIAL TRUST INC 192,781
PING IDENTITY HOLDING CORP 192,683
LUMINAR TECHNOLOGIES INC CLASS A 192,452
BRP GROUP INC CLASS A 192,331
1LIFE HEALTHCARE INC 192,166
MGP INGREDIENTS INC 191,973
TRINSEO PLC 191,954
WORTHINGTON INDUSTRIES INC 191,879
GRAFTECH INTERNATIONAL LTD 191,604
ENCORE CAPITAL GROUP INC 190,988
US PHYSICAL THERAPY INC 190,772
ACADIA REALTY TRUST REIT 190,736
FISKER INC CLASS A 190,177
FUELCELL ENERGY INC 189,731
PARSONS CORP 189,529
NIKOLA CORP 189,434
SHUTTERSTOCK INC 189,008
OXFORD INDUSTRIES INC 188,129
CRYOPORT INC 188,049
KRYSTAL BIOTECH INC 187,591
VIRGIN GALACTIC HOLDINGS INC SHS C 187,336
STEPSTONE GROUP INC CLASS A 186,921
HURON CONSULTING GROUP INC 186,911
SAFETY INSURANCE GROUP INC 186,820
ST JOE 186,248
PARAMOUNT GROUP REIT INC 185,037
MADISON SQUARE GARDEN ENTERTAINMEN 185,012
LIGAND PHARMACEUTICALS INC 184,775
STONEX GROUP INC 183,855
STEWART INFO SERVICES CORP 183,826
AURINIA PHARMACEUTICALS INC 183,463
CORECIVIC REIT INC 183,437
ULTRA CLEAN HOLDINGS INC 183,086
COHU INC 183,011
METHODE ELECTRONICS INC 182,644

-28-

CARPENTER TECHNOLOGY CORP 182,615
AMPHASTAR PHARMACEUTICALS INC 182,230
GRANITE CONSTRUCTION INC 181,455
CHEFS WAREHOUSE INC 181,150
CENTURY COMMUNITIES INC 181,139
TTEC HOLDINGS INC 180,520
OSI SYSTEMS INC 180,449
WORLD FUEL SERVICES CORP 180,334
PROTO LABS INC 180,165
PENNYMAC FINANCIAL SERVICES INC 179,561
INTER PARFUMS INC 179,508
ALEXANDER AND BALDWIN INC 178,997
LAUREATE EDUCATION INC 178,652
PERIMETER SOLUTIONS SA 178,426
MERIDIAN BIOSCIENCE INC 178,292
ADAPTHEALTH CORP 178,091
PENNYMAC MORTGAGE INVESTMENT TRUST 177,909
CHEESECAKE FACTORY INC 177,780
ASANA INC CLASS A 177,699
FASTLY INC CLASS A 177,668
ARCUS BIOSCIENCES INC 177,583
SUNPOWER CORP 177,420
ODP CORP 177,206
HEALTHCARE SERVICES GROUP INC 177,025
CORVEL CORP 176,871
GRIFFON CORP 176,589
AVANOS MEDICAL INC 176,015
NELNET INC CLASS A 175,786
BEAUTY HEALTH COMPANY CLASS A CLAS 175,230
ADDUS HOMECARE CORP 175,221
FIRST COMMONWEALTH FINANCIAL CORP 175,077
RELAY THERAPEUTICS INC 174,904
JELD WEN HOLDING INC 174,847
SALLY BEAUTY HOLDINGS INC 174,783
GIBRALTAR INDUSTRIES INC 174,685
HARMONY BIOSCIENCES HLDG INC 174,450
COMPASS DIVERSIFIED 174,295
TEXTAINER GROUP HOLDINGS LTD 174,081
PROASSURANCE CORP 173,586
TTM TECHNOLOGIES INC 173,300
BRIGHAM MINERALS INC CLASS A 172,927
PRIVIA HEALTH GROUP INC 172,420
SILK ROAD MEDICAL INC 172,379

-29-

COMMSCOPE HOLDING INC 170,821
KFORCE INC 170,771
KAISER ALUMINIUM CORP 170,597
CLEAR SECURE INC CLASS A 169,840
PHREESIA INC 169,293
FIRST BANCORP 169,265
INGLES MARKETS INC CLASS A 168,989
IMPINJ INC 168,735
URBAN OUTFITTERS INC 168,724
CENTERSPACE 168,319
VIRTUS INVESTMENT PARTNERS INC 168,284
CENTENNIAL RESOURCE DEVELOPMENT IN 168,235
3D SYSTEMS CORP 168,082
JOBY AVIATION INC CLASS A 168,079
REVOLUTION MEDICINES INC 167,750
CELLDEX THERAPEUTICS INC 167,287
GREEN DOT CORP CLASS A 166,931
CYTEK BIOSCIENCES INC 166,637
AGIOS PHARMACEUTICALS INC 166,630
OFG BANCORP 166,319
NABORS INDUSTRIES LTD 165,768
LADDER CAPITAL CORP CLASS A 165,678
COMPASS MINERALS INTERNATIONAL INC 165,590
WEIS MARKETS INC 164,584
FIRST BUSEY CORP 164,086
VICOR CORP 163,479
LENDINGCLUB CORP 163,251
CAPITOL FEDERAL FINANCIAL INC 163,000
VERICEL CORP 161,681
JACK IN THE BOX INC 161,677
LAREDO PETROLEUM INC 160,975
MOMENTIVE GLOBAL INC 160,970
FULGENT GENETICS INC 160,700
TRIMAS CORP 160,602
CITY HOLDING 159,840
ZIPRECRUITER INC CLASS A 159,834
KURA ONCOLOGY INC 159,801
ARGO GROUP INTERNATIONAL HOLDINGS 159,604
MERCURY GENERAL CORP 159,436
PHOTRONICS INC 159,346
MAGNITE INC 159,325
SOUTHSIDE BANCSHARES INC 159,297
ALAMO GROUP INC 159,276

-30-

LIBERTY LATIN AMERICA LTD CLASS C 158,589
FIGS INC CLASS A 158,022
NATIONAL BEVERAGE CORP 157,880
SYLVAMO CORP 157,714
PRIMORIS SERVICES CORP 157,347
REPAY HOLDINGS CORP CLASS A 157,271
GREENBRIER INC 157,240
EVO PAYMENTS INC CLASS A 157,043
NOVAGOLD RESOURCES INC 156,859
ENERPAC TOOL GROUP CORP CLASS A 156,782
ANYWHERE REAL ESTATE INC 156,769
SURGERY PARTNERS INC 156,746
PATRICK INDUSTRIES INC 156,712
XOMETRY INC CLASS A 156,553
HILLMAN SOLUTIONS CORP 156,410
DUCK CREEK TECH INC 156,267
VAXCYTE INC 155,910
EXTREME NETWORKS INC 155,565
VERIS RESIDENTIAL INC 155,517
EMPLOYERS HOLDINGS INC 155,412
KNOWBE4 INC CLASS A 155,232
ARCHROCK INC 154,641
RADIUS GLOBAL INFRASTRUCTURE INC C 154,279
META FINANCIAL GROUP INC 154,023
OCEANFIRST FINANCIAL CORP 153,920
NATIONAL BANK HOLDINGS CORP CLASS 153,807
BERKSHIRE HILLS BANCORP INC 153,723
NATUS MEDICAL INC 153,691
MFA FINANCIAL INC 153,607
LYELL IMMUNOPHARMA INC 153,572
IVERIC BIO INC 153,554
CLEARWAY ENERGY INC CLASS A 152,625
LIVE OAK BANCSHARES INC 152,471
GETTY REALTY REIT CORP 152,322
FRONTLINE LTD 152,197
COMSTOCK RESOURCES INC 151,821
C3 AI INC CLASS A 151,558
EVERBRIDGE INC 150,718
M I HOMES INC 150,668
AXSOME THERAPEUTICS INC 150,596
NEW YORK MORTGAGE TRUST REIT INC 150,357
CAREDX INC 150,296
RECURSION PHARMACEUTICALS INC CLAS 150,126

-31-

SFL LTD 150,046
STURM RUGER INC 149,132
MALIBU BOATS CLASS A INC 149,011
PROS HOLDINGS INC 148,147
OPEN LENDING CORP CLASS A 148,141
BGC PARTNERS INC CLASS A 147,714
FRANKLIN BSP REALTY TRUST INC 147,714
TENNANT 147,651
ZENTALIS PHARMACEUTICALS INC 147,581
CTS CORP 147,539
NOW INC 147,404
CASSAVA SCIENCES INC 146,983
SPARTANNASH 146,868
OCEANEERING INTERNATIONAL INC 146,690
LEGALZOOM COM INC 146,552
SHENANDOAH TELECOMMUNICATIONS 146,542
OVERSTOCK COM INC 145,983
SKYWEST INC 145,839
MODIVCARE INC 145,256
ENERGY RECOVERY INC 145,203
REVOLVE GROUP CLASS A INC 144,526
CUSTOMERS BANCORP INC 144,448
ANDERSONS INC 143,704
BIGCOMMERCE HOLDINGS INC SERIES 142,382
BANCORP INC 142,359
INTERNATIONAL SEAWAYS INC 142,146
LIONS GATE ENTERTAINMENT NON VOTIN 142,039
S AND T BANCORP INC 142,005
DINE BRANDS GLOBAL INC 142,005
FIRST FOUNDATION INC 141,640
RENT-A-CENTER INC 141,538
STEM INC 140,665
ZUORA INC CLASS A 140,327
MESA LABORATORIES INC 140,311
CVR ENERGY INC 140,298
OPKO HEALTH INC 140,056
TALOS ENERGY INC 139,957
TOMPKINS FINANCIAL CORP 139,802
LA-Z-BOY INC 139,628
BROOKLINE BANCORP INC 139,462
PROTERRA INC 138,982
INFINERA CORP 138,497
NEOGENOMICS INC 138,493

-32-

LIVEPERSON INC 138,303
TUSIMPLE HOLDINGS INC CLASS A 138,028
GREEN PLAINS INC 137,915
CERENCE INC 137,579
STANDEX INTERNATIONAL CORP 136,920
QURATE RETAIL INC SERIES A 136,842
PACIFIC BIOSCIENCES OF CALIFORNIA 136,313
PAR TECHNOLOGY CORP 136,051
SYNDAX PHARMACEUTICALS INC 135,931
DIME COMMUNITY BANCSHARES INC 135,767
PGT INNOVATIONS INC 135,516
NEXTGEN HEALTHCARE INC 135,387
EMPIRE STATE REALTY REIT INC TRUST 135,335
IROBOT CORP 135,056
FLYWIRE CORP 134,887
AMERICAN WELL CORP CLASS A 134,797
REGENXBIO INC 134,245
AMERISAFE INC 134,238
XPEL INC 134,207
SCHOLASTIC CORP 134,024
MARTEN TRANSPORT LTD 133,786
KRISPY KREME INC 133,742
CRINETICS PHARMACEUTICALS INC 133,348
FRANCHISE GROUP INC 133,336
BANC OF CALIFORNIA INC 133,331
REVANCE THERAPEUTICS INC 133,280
IMMUNOGEN INC 133,070
VEECO INSTRUMENTS INC 132,871
WIDEOPENWEST INC 132,751
ENOVIX CORP 132,100
PROTHENA PLC 131,759
APARTMENT INVESTMENT AND MANAGEMEN 131,731
OFFICE PROPERTIES INCOME TRUST 131,690
AZZ INC 131,236
ALIGNMENT HEALTHCARE INC 131,215
CALERES INC 131,121
NECESSITY RETAIL REIT INC CLASS A 131,084
BRINKER INTERNATIONAL INC 131,034
BRIDGEBIO PHARMA INC 130,806
IHEARTMEDIA INC CLASS A 130,793
DELUXE CORP 130,237
DILLARDS INC CLASS A 130,136
NOBLE CORP 129,969

-33-

MANNKIND CORP 129,791
A10 NETWORKS INC 129,276
GULFPORT ENERGY CORP 129,045
COMPASS INC CLASS A 128,989
MODEL N INC 128,949
ORION ENGINEERED CARBONS SA 128,915
AVID TECHNOLOGY INC 128,634
UNITIL CORP 128,538
H AND E EQUIPMENT SERVICES INC 127,960
MONEYGRAM INTERNATIONAL INC 127,800
WARBY PARKER INC CLASS A 127,756
AGILYSYS INC 127,487
ASTEC INDUSTRIES INC 127,274
INNOVIVA INC 127,261
AVID BIOSERVICES INC 127,162
ENOVA INTERNATIONAL INC 126,952
ENANTA PHARMACEUTICALS INC 126,542
REDWOOD TRUST REIT INC 126,513
STEELCASE INC CLASS A 126,378
CERUS CORP 125,712
PREMIER FINANCIAL CORP 125,711
CONNECTONE BANCORP INC 125,526
ISTAR REIT INC 125,419
HESKA CORP 125,415
INDUSTRIAL LOGISTICS PROPERTIES TR 125,242
STANDARD MOTOR PRODUCTS INC 125,207
FIBROGEN INC 125,136
MONTROSE ENVIRONMENTAL GRP INC 125,115
ADVANSIX INC 125,066
ARCHAEA ENERGY INC CLASS A 124,908
GERMAN AMERICAN BANCORP INC 124,791
MARCUS & MILLICHAP INC 124,656
FRESH DEL MONTE PRODUCE INC 124,144
MADRIGAL PHARMACEUTICALS INC 124,120
CONTEXTLOGIC INC CLASS A 124,038
ALLOGENE THERAPEUTICS INC 123,952
LIBERTY MEDIA LIBERTY BRAVES CORP 123,912
LI CYCLE HOLDINGS CORP 123,599
PROG HOLDINGS INC 123,470
G III APPAREL GROUP LTD 122,938
UTZ BRANDS INC CLASS A 122,860
FEDERAL AGRICULTURAL MORTGAGE NON 122,453
AVIDXCHANGE HOLDINGS INC 122,352

-34-

ADAPTIVE BIOTECHNOLOGIES CORP 121,827
QCR HOLDINGS INC 121,801
ORIGIN BANCORP INC 121,289
LAKELAND BANCORP INC 121,171
OLO INC CLASS A 121,006
EXPRO GROUP HOLDINGS NV 120,776
MATTHEWS INTERNATIONAL CORP CLASS 120,443
DRIL QUIP INC 120,280
KKR REAL ESTATE FINANCE INC TRUST 120,248
READY CAPITAL CORP 120,213
HERITAGE FINANCIAL CORP 119,963
NETSTREIT CORP 119,825
APOGEE ENTERPRISES INC 119,699
KAMAN CORP 119,656
REDFIN CORP 119,645
LEMAITRE VASCULAR INC 119,478
NICOLET BANKSHARES INC 119,433
AMC NETWORKS CLASS A INC 119,421
PROPETRO HOLDING CORP 119,050
GOOSEHEAD INSURANCE INC CLASS A 119,016
TIMKENSTEEL CORP 118,809
BLUCORA INC 118,772
BROADMARK REALTY CAPITAL INC 118,646
NATIONAL HEALTHCARE CORP 118,550
ATRION CORP 118,226
COMMUNITY HEALTHCARE TRUST INC 118,189
SERVICE PROPERTIES TRUST 118,088
B RILEY FINANCIAL INC 118,004
URANIUM ENERGY CORP 117,748
SINCLAIR BROADCAST GROUP INC CLASS 117,504
VIMEO INC 117,414
DHT HOLDINGS INC 117,334
UMH PROPERTIES INC 116,856
SPRINGWORKS THERAPEUTICS INC 116,674
SCHNITZER STEEL INDUSTRIES INC CLA 116,582
TRANSMEDICS GROUP INC 116,522
AMERICAN AXLE AND MANUFACTURING HO 116,512
ADTRAN INC 116,504
DOMO INC CLASS B 116,343
TRIUMPH GROUP INC 116,234
PAYONEER GLOBAL INC 116,173
US SILICA HOLDINGS INC 115,810
BROOKDALE SENIOR LIVING INC 115,752

-35-

RADNET INC 115,690
JAMES RIVER GROUP HOLDINGS LTD 115,400
COEUR MINING INC 115,246
REATA PHARMACEUTICALS INC CLASS A 115,026
ARMADA HOFFLER PROPERTIES REIT INC 114,918
CAMPING WORLD HOLDINGS INC CLASS A 114,902
ABERCROMBIE AND FITCH CLASS A 114,802
GLOBALSTAR VOTING INC 114,602
IMAX CORP 114,565
DIGI INTERNATIONAL INC 114,052
WASHINGTON TRUST BANCORP INC 113,960
PROCEPT BIOROBOTICS CORP 113,761
ACLARIS THERAPEUTICS INC 113,746
NEOPHOTONICS CORP 113,681
BUCKLE INC 113,529
ELLINGTON FINANCIAL INC 113,179
PROMETHEUS BIOSCIENCES INC 113,146
VAREX IMAGING CORP 112,896
CONSTRUCTION PARTNERS INC CLASS A 112,594
MYERS INDUSTRIES INC 112,491
GRID DYNAMICS HOLDINGS INC CLASS A 112,240
MRC GLOBAL INC 112,229
GREAT LAKES DREDGE AND DOCK CORP 112,143
USANA HEALTH SCIENCES INC 112,013
RPT REALTY 111,993
EDITAS MEDICINE INC 111,983
DONNELLEY FINANCIAL SOLUTIONS INC 111,917
UNISYS CORP 111,578
CLOVER HEALTH INVESTMENTS CORP CLA 111,051
GOGO INC 110,934
SIERRA ONCOLOGY INC 110,860
SCANSOURCE INC 110,703
TIDEWATER INC 110,554
EXP WORLD HOLDINGS INC 110,461
ROCKET LAB USA INC 110,024
GOLDEN ENTERTAINMENT INC 109,989
2U INC 109,872
SMART GLOBAL HOLDINGS 109,630
ACM RESEARCH CLASS A INC 109,345
COLUMBUS MCKINNON CORP 109,338
MATTERPORT INC CLASS A 109,335
SCHWEITZER MAUDUIT INTERNATIONAL I 109,146
AMPLITUDE INC CLASS A 108,790

-36-

HARMONIC INC 108,670
PERDOCEO EDUCATION CORP 107,634
AMERANT BANCORP INC CLASS A 107,531
EVENTBRITE CLASS A INC 107,527
PURECYCLE TECHNOLOGIES INC 107,382
BALLY S CORP 107,326
HEALTH CATALYST INC 107,168
PAR PACIFIC HOLDINGS INC 107,134
DUCKHORN PORTFOLIO INC 106,922
GEO GROUP REIT INC 106,689
SIMULATIONS PLUS INC 106,602
SUMMIT HOTEL PROPERTIES REIT INC 106,564
MONARCH CASINO AND RESORT INC 106,427
FLEX LNG LTD 106,328
ENERGY FUELS INC 106,267
MIRION TECHNOLOGIES INC CLASS A 105,944
CROSS COUNTRY HEALTHCARE INC 105,650
BENCHMARK ELECTRONICS INC 105,333
1ST SOURCE CORP 105,056
TITAN INTERNATIONAL INC 104,552
SORRENTO THERAPEUTICS INC 104,040
SAFEHOLD INC 104,023
UNIVEST FINANCIAL CORP 103,948
CONDUENT INC 103,853
CLEAN ENERGY FUELS CORP 103,815
CHINOOK THERAPEUTICS INC 103,803
DESIGNER BRANDS INC CLASS A 103,762
CEVA INC 103,667
MARINEMAX INC 103,556
SUNOPTA INC 103,163
QUANEX BUILDING PRODUCTS CORP 103,126
COLUMBIA FINANCIAL INC 102,834
SAPIENS INTERNATIONAL NV 102,735
BLUEROCK RESIDENTIAL GROWTH REIT C 102,584
ICHOR HOLDINGS LTD 101,816
CARDLYTICS INC 101,801
KYMERA THERAPEUTICS INC 101,797
FIRST ADVANTAGE CORP 101,753
AMERICAN WOODMARK CORP 101,678
ARCUTIS BIOTHERAPEUTICS INC 101,585
SONIC AUTOMOTIVE INC CLASS A 101,465
ALLEGIANCE BANCSHARES INC 101,348
EW SCRIPPS CLASS A 100,720

-37-

GOPRO INC CLASS A 100,530
ACV AUCTIONS INC CLASS A 100,422
HAWAIIAN HOLDINGS INC 100,256
UDEMY INC 100,232
LEMONADE INC 99,864
ARTIVION INC 99,837
INTERFACE INC 99,818
ALPHA AND OMEGA SEMICONDUCTOR LTD 99,753
METROPOLITAN BANK HOLDING CORP 99,409
LIGHTWAVE LOGIC INC 99,388
UNITED FIRE GROUP INC 99,301
VERU INC 99,225
PARAGON INC 99,013
CALAVO GROWERS INC 98,710
HORIZON BNCP IND 98,580
PREFERRED BANK 98,493
JANUS INTERNATIONAL GROUP INC 98,382
GLADSTONE LAND REIT CORP 98,346
PEOPLES BANCORP INC 98,314
ANGIODYNAMICS INC 98,008
OUTSET MEDICAL INC 97,675
ATARA BIOTHERAPEUTICS INC 97,391
RANGER OIL CORP CLASS A 97,262
GLADSTONE COMMERCIAL REIT CORP 97,007
SP PLUS CORP 96,799
GENCO SHIPPING AND TRADING LTD 96,755
FUNKO INC CLASS A 96,601
CLEARFIELD INC 96,518
HANMI FINANCIAL CORP 96,514
CANO HEALTH INC CLASS A 96,251
BRIGHTSPIRE CAPITAL INC CLASS A 96,232
AVIDITY BIOSCIENCES INC 96,130
KEARNY FINANCIAL CORP 95,779
CONSENSUS CLOUD SOLUTIONS INC 95,747
KELLY SERVICES INC CLASS A 95,303
EAGLE BULK SHIPPING INC 94,940
HAWKINS INC 94,867
ARKO 94,632
ECHOSTAR CORP CLASS A 94,203
ARMOUR RESIDENTIAL REIT INC 94,104
WISDOMTREE INVESTMENTS INC 93,582
INTERNATIONAL MONEY EXPRESS INC 93,527
UNIVERSAL HEALTH REALTY INCOME TRU 93,224

-38-

NEKTAR THERAPEUTICS 93,058
GLOBAL MEDICAL REIT INC 92,816
CIMPRESS PLC 92,777
CATALYST PHARMACEUTICALS INC 92,174
SLEEP NUMBER CORP 92,045
ANAVEX LIFE SCIENCES CORP 91,662
PLANET LABS CLASS A 91,592
GENESCO INC 90,986
SOMALOGIC INC CLASS A 90,884
PAYSAFE LTD 90,488
WABASH NATIONAL CORP 90,361
PUBMATIC INC CLASS A 90,351
COSTAMARE INC 90,242
PDF SOLUTIONS INC 90,191
CODEXIS INC 89,862
SQUARESPACE INC CLASS A 89,454
AMER VANGUARD CORP 88,975
SUMO LOGIC INC 88,652
DOUGLAS DYNAMICS INC 88,548
COWEN INC CLASS A 88,458
REMITLY GLOBAL INC 88,259
HEIDRICK AND STRUGGLES INTERNATION 88,213
PLYMOUTH INDUSTRIAL REIT INC 88,209
CARS.COM INC 88,189
JOHN B SANFILIPPO AND SON INC 88,075
SHYFT GROUP INC 87,875
ALECTOR INC 87,752
STERLING INFRASTRUCTURE INC 87,746
FIRST MID BANCSHARES INC 87,606
CRA INTERNATIONAL INC 87,534
MONTAUK RENEWABLES INC 87,515
CAMDEN NATIONAL CORP 87,307
MICROVISION INC 87,045
RESOURCES CONNECTION INC 86,960
EQRX INC 86,953
GORMAN-RUPP 86,655
HOMESTREET INC 85,843
PIEDMONT LITHIUM INC 85,818
COMMUNITY TRUST BANCORP INC 85,814
ACCO BRANDS CORP 85,778
FLUSHING FINANCIAL CORP 85,614
INSTEEL INDUSTRIES INC 85,488
HARBORONE BANCORP INC 85,457

-39-

ENACT HOLDINGS INC 85,383
CUTERA INC 85,313
HERITAGE COMMERCE CORP 85,082
BLUELINX HOLDINGS INC 84,648
ECOVYST INC 84,375
ACCEL ENTERTAINMENT INC CLASS A 84,302
BERRY 84,049
CHICOS FAS INC 84,048
FARMLAND PARTNERS INC 84,014
ORION OFFICE REIT INC 83,986
ORTHOPEDIATRICS CORP 83,970
BORR DRILLING LTD 83,888
CROSSFIRST BANKSHARES INC 83,833
BLINK CHARGING 83,791
TPG RE FINANCE TRUST INC 83,694
SUN COUNTRY AIRLINES HOLDINGS INC 83,612
VANDA PHARMACEUTICALS INC 83,440
ROCKET PHARMACEUTICALS INC 83,179
COLLEGIUM PHARMACEUTICAL INC 83,018
N ABLE INC 82,908
HEARTLAND EXPRESS INC 82,876
CBL ASSOCIATES PROPERTIES INC 82,802
NANOSTRING TECHNOLOGIES INC 82,220
SMITH WESSON BRANDS INC 82,089
BYLINE BANCORP INC 81,753
AMERICAS CAR MART INC 81,687
CENTRAL PACIFIC FINANCIAL CORP 81,660
NAPCO SECURITY TECHNOLOGIES INC 81,269
FORGEROCK INC CLASS A 81,225
BIG LOTS INC 81,175
EARTHSTONE ENERGY INC CLASS A 80,890
NORTHFIELD BANCORP INC 80,838
DECIPHERA PHARMACEUTICALS INC 80,741
THERAVANCE BIOPHARMA INC 80,706
MBIA INC 80,547
TRUEBLUE INC 80,425
GUESS INC 80,186
TRUSTCO BANK CORP 80,122
BRIGHTSPHERE INVESTMENT GROUP INC 80,090
PAYA HOLDINGS INC CLASS A 80,049
RESOLUTE FOREST PRODUCTS INC 80,031
CARDIOVASCULAR SYSTEMS INC 79,727
DIAMOND OFFSHORE DRILLING INC 79,639

-40-

A MARK PRECIOUS METALS INC 79,271
DESKTOP METAL INC CLASS A 79,211
FIRST BANCSHARES INC 78,793
YEXT INC 78,631
8X8 INC - COM 78,620
GREAT SOUTHERN BANCORP INC 78,588
SANA BIOTECHNOLOGY INC 78,433
CHASE CORP 78,355
CAMBRIDGE BANCORP 78,234
CITY OFFICE REIT INC 78,153
VIAD CORP 78,136
NEENAH INC 78,112
FRANKLIN COVEY 78,090
TG THERAPEUTICS INC 77,745
THRYV HOLDINGS INC 77,716
VERTEX ENERGY INC 77,627
HIBBETT INC 77,410
DYNEX CAPITAL REIT INC 77,371
FARO TECHNOLOGIES INC 77,352
DOCGO INC 77,126
ENGAGESMART INC 76,927
MISSION PRODUCE INC 76,808
SUNCOKE ENERGY INC 76,776
BROOKFIELD BUSINESS CORP CLASS A 76,738
INVITAE CORP 76,731
KINETIK HOLDINGS INC CLASS A 76,713
AGILITI INC 76,584
VERVE THERAPEUTICS INC 76,476
NURIX THERAPEUTICS INC 76,476
HARSCO CORP 76,390
ARES COMMERCIAL REAL ESTATE REIT C 76,389
I3 VERTICALS INC CLASS A 76,361
MORPHIC HOLDING INC 76,254
INDIE SEMICONDUCTOR INC CLASS A 76,198
INOGEN INC 76,070
Y MABS THERAPEUTICS INC 75,998
NETGEAR INC 75,913
CLEARWATER PAPER CORP 75,903
HANGER INC 75,896
BRIGHTVIEW HOLDINGS INC 75,744
WINMARK CORP 75,490
POWERSCHOOL HOLDINGS INC CLASS A 75,445
SAUL CENTERS REIT INC 75,423

-41-

QUANTERIX CORP 75,364
BRISTOW GROUP INC 75,067
CTI BIOPHARMA CORP 74,995
NATIONAL RESEARCH CORP 74,914
GREEN BRICK PARTNERS INC 74,875
MARATHON DIGITAL HOLDINGS INC 74,616
AVEPOINT INC CLASS A 74,557
DIAMOND HILL INVESTMENT GROUP INC 74,492
SIGA TECHNOLOGIES INC 74,471
GERON CORP 74,273
YORK WATER 74,229
REPLIMUNE GROUP INC 74,185
UFP TECHNOLOGIES INC 74,080
HIMS HERS HEALTH INC CLASS A 74,079
ATEA PHARMACEUTICALS INC 74,032
LIFE TIME GROUP HOLDINGS INC 73,828
ORIGIN MATERIALS INC CLASS A 73,518
CARRIAGE SERVICES INC 73,353
RUTHS HOSPITALITY GROUP INC 73,349
LIONS GATE ENTERTAINMENT VOTING CO 73,260
FORRESTER RESEARCH INC 73,147
HEALTHSTREAM INC 73,119
TOOTSIE ROLL INDUSTRIES INC 72,998
SMARTRENT INC CLASS A 72,993
ARLO TECHNOLOGIES INC 72,951
OLD SECOND BANCORP INC 72,908
QUINSTREET INC 72,804
AMBAC FINANCIAL GROUP INC 72,788
BARRETT BUSINESS SERVICES INC 72,651
DENNYS CORP 72,452
GRANITE POINT MORTGAGE TRUST INC 72,387
COHERUS BIOSCIENCES INC 72,320
PEAPACK GLADSTONE FINANCIAL CORP 72,230
MIDLAND STATES BANCORP INC 72,192
CHATHAM LODGING TRUST REIT 71,948
MODINE MANUFACTURING 71,846
CHILDRENS PLACE INC 71,691
ARGAN INC 71,617
PMV PHARMACEUTICALS INC 71,535
CASTLE BIOSCIENCES INC 71,469
HOLLEY INC 71,264
CONSOLIDATED COMMUNICATIONS HOLDIN 71,225
IONQ INC 71,074

-42-

AGENUS INC 71,066
FIRST FINANCIAL CORPORATION INDIAN 70,800
GOSSAMER BIO INC 70,584
TETRA TECHNOLOGIES INC 70,478
RELMADA THERAPEUTICS INC 70,415
BTRS HOLDINGS INC CLASS 70,173
RPC INC 70,019
SURMODICS INC 69,955
CHARGE ENTERPRISES INC 69,818
ENNIS INC 69,692
BANK FIRST CORP 69,594
DIVERSEY HOLDINGS LTD 69,557
CORSAIR GAMING INC 69,392
MERCANTILE BANK CORP 69,363
SIRIUSPOINT LTD 69,284
ATN INTERNATIONAL INC 69,098
INTREPID POTASH INC 69,067
HACKETT GROUP INC 68,956
PULMONX CORP 68,875
PC CONNECTION INC 68,850
AMERICAN SOFTWARE INC CLASS A 68,664
ANTERIX INC 68,628
BANK OF MARIN BANCORP 68,518
ALKAMI TECHNOLOGY INC 68,339
NGM BIOPHARMACEUTICALS INC 68,305
SANGAMO THERAPEUTICS INC 68,231
BJS RESTAURANTS INC 68,162
CASS INFORMATION SYSTEMS INC 67,972
WHITESTONE REIT 67,962
OSCAR HEALTH INC CLASS A 67,949
RIOT BLOCKCHAIN INC 67,912
OPTIMIZERX CORP 67,845
POINT BIOPHARMA GLOBAL INC 67,828
IDEAYA BIOSCIENCES INC 67,827
CLARUS CORP 67,471
CATCHMARK TIMBER TRUST INC CLASS A 67,462
CBTX INC 67,273
ALEXANDERS REIT INC 67,092
URSTADT BIDDLE PROPERTIES REIT INC 66,987
SOLARWINDS CORP 66,984
2SEVENTY BIO INC 66,950
PITNEY BOWES INC 66,822
INVESCO MORTGAGE CAPITAL REIT INC 66,677

-43-

REX AMERICAN RESOURCES CORP 66,568
OCUGEN INC 66,461
MOVADO GROUP INC 66,376
ITEOS THERAPEUTICS INC 66,353
GEVO INC 66,350
HCI GROUP INC 66,337
RADIUS HEALTH INC 66,337
ORCHID ISLAND CAPITAL INC 66,300
KOPPERS HOLDINGS INC 66,267
FARMERS NATIONAL BANC CORP 66,180
FIRST COMMUNITY BANKSHARES INC 66,173
SELECT ENERGY SERVICES INC CLASS A 66,004
CYXTERA TECHNOLOGIES ORS CLASS A I 65,965
NATIONAL WESTERN LIFE GROUP INC CL 65,878
ONESPAN INC 65,807
COMMUNITY HEALTH SYSTEMS INC 65,674
DORIAN LPG LTD 65,573
DUCOMMUN INC 65,421
TREACE MEDICAL CONCEPTS INC 65,175
RAPT THERAPEUTICS INC 64,715
DESIGN THERAPEUTICS INC 64,582
ALPHATEC HOLDNGS INC 64,517
DXP ENTERPRISES INC 64,139
NANO X IMAGING LTD 64,139
TPI COMPOSITES INC 64,100
KIMBALL ELECTRONICS INC 63,978
LENDINGTREE INC 63,758
ONESPAWORLD HOLDINGS LTD 63,662
SENSEONICS HOLDINGS INC 63,533
BENSON HILL INC 63,176
POSHMARK INC CLASS A 63,147
BIOLIFE SOLUTIONS INC 63,139
EAGLE PHARMACEUTICALS INC 63,091
PETIQ INC CLASS A 63,080
SEER INC CLASS A 63,017
HELIX ENERGY SOLUTIONS GROUP INC 62,964
RE MAX HOLDINGS INC CLASS A 62,943
TUCOWS INC 62,937
VIZIO HOLDING CORP CLASS A 62,778
THERMON GROUP HOLDINGS INC 62,747
WORLD ACCEPTANCE CORP 62,742
ARROW FINANCIAL CORP 62,634
ORTHOFIX MEDICAL INC 62,357

-44-

TITAN MACHINERY INC 62,210
NLIGHT INC 62,035
STONERIDGE INC 62,032
KEROS THERAPEUTICS INC 61,864
COMPUTER PROGRAMS AND SYSTEMS INC 61,542
908 DEVICES 61,441
SOVOS BRANDS INC 61,163
PACTIV EVERGREEN INC 61,144
RMR GROUP INC CLASS A 61,123
ETHAN ALLEN INTERIORS INC 61,115
AARONS COMPANY INC 61,110
DIVERSIFIED HEALTHCARE TRUST 61,032
SI BONE INC 60,892
REPUBLIC BANCORP INC CLASS A 60,892
Ermenegildo Zenga N V (A) 60,842
CENTRAL GARDEN AND PET 60,830
TRAVELCENTERS OF AMERICA INC 60,529
VAXART INC 60,214
CHANNELADVISOR CORP 60,157
FUBOTV INC 60,154
COUCHBASE INC 60,097
EBIX INC 60,012
UNITED STATES CELLULAR CORP 59,889
MIDWESTONE FINANCIAL GROUP INC 59,826
BUSINESS FIRST BANCSHARES INC 59,817
VUZIX CORP 59,803
TELOS CORPORATION CORP 59,752
DICE THERAPEUTICS INC 59,628
HERITAGE CRYSTAL INC 59,609
LSB INDUSTRIES INC 59,529
ONE LIBERTY PROPERTIES REIT INC 59,130
GLOBAL INDUSTRIAL 58,962
BLEND LABS INC CLASS A 58,962
BANDWIDTH INC CLASS A 58,850
EQUITY BANCSHARES INC CLASS A 58,816
RACKSPACE TECHNOLOGY INC 58,758
HINGHAM INSTITUTION FOR SAVINGS 58,740
ACCOLADE INC 58,712
UPLAND SOFTWARE INC 58,603
TURNING POINT BRANDS INC 58,492
DANIMER SCIENTIFIC INC CLASS A 58,446
FRANKLIN STREET PROPERTIES REIT CO 58,080
STAGWELL INC CLASS A 57,509

-45-

23ANDME HOLDING CLASS A 57,454
FINANCIAL INSTITUTIONS INC 57,426
HYLIION HOLDINGS CORP CLASS A 57,425
BUTTERFLY NETWORK INC CLASS A 57,268
CARA THERAPEUTICS INC 57,163
W AND T OFFSHORE INC 57,136
MAXCYTE INC 57,115
BOSTON OMAHA CORP CLASS A 57,097
STITCH FIX INC CLASS A 56,938
DAY ONE BIOPHARMACEUTICALS INC 56,922
RCI HOSPITALITY HOLDINGS INC 56,920
EVOLUS INC 56,863
FRP HOLDINGS INC 56,850
BAR HARBOR BANKSHARES 56,737
GANNETT CO INC 56,599
VSE CORP 56,558
ANAPTYSBIO INC 56,556
SPORTSMANS WAREHOUSE HOLDINGS INC 56,552
ZUMIEZ INC 56,472
CRESCENT ENERGY CLASS A 56,285
ADICET BIO INC 56,181
BIONANO GENOMICS INC 55,940
KRONOS WORLDWIDE INC 55,826
PEOPLES FINANCIAL SERVICES CORP 55,728
INDEPENDENT BANK CORP 55,681
MITEK SYSTEMS INC 55,643
EVGO INC CLASS A 55,568
ARTESIAN RESOURCES CORP CLASS A 55,464
MIMEDX GROUP INC 55,416
CNB FINANCIAL CORP 55,347
FIRST OF LONG ISLAND CORP 55,307
MERIDIANLINK INC 55,294
VAALCO ENERGY INC 55,249
MERSANA THERAPEUTICS INC 55,163
WEST BANCORPORATION INC 55,154
TEEKAY TANKERS LTD CLASS A 55,147
BOWLERO CORP CL A COM 55,132
LIFESTANCE HEALTH GROUP INC 55,066
NORDIC AMERICAN TANKERS LTD 55,022
PETMED EXPRESS INC 54,964
CS DISCO INC 54,932
PHIBRO ANIMAL HEALTH CORP CLASS A 54,731
HAYNES INTERNATIONAL INC 54,726

-46-

COGENT BIOSCIENCES INC 54,715
LUXFER HOLDINGS PLC 54,659
ESPERION THERAPEUTICS INC 54,613
TRANSCAT INC 54,594
NKARTA INC 54,393
BED BATH AND BEYOND INC 54,287
CAPSTAR FINANCIAL HOLDINGS INC 54,269
COASTAL FINANCIAL CORP 53,978
ON24 INC 53,799
INSTRUCTURE HOLDINGS INC 53,663
CLEAR CHANNEL OUTDOOR HOLDINGS INC 53,463
AFFIMED NV 53,433
CENTURY ALUMINUM 53,359
VECTRUS INC 53,335
LOVESAC COMPANY 53,268
TUTOR PERINI CORP 53,189
MANITOWOC INC 53,029
5E ADVANCED MATERIALS INC 52,800
CAPITAL CITY BANK INC 52,433
VIEWRAY INC 52,345
ALERUS FINANCIAL CORP 52,311
CHUYS HOLDINGS INC 52,290
NUVATION BIO INC CLASS A 52,251
STERLING CHECK CORP 52,192
SHOE CARNIVAL INC 52,188
KEZAR LIFE SCIENCES INC 52,126
CVENT HOLDING CORP 52,100
VICTORY CAPITAL HOLDINGS CLASS A I 52,080
CULLINAN ONCOLOGY INC 52,049
ARCHER AVIATION INC CLASS A 51,997
ASSETMARK FINANCIAL HOLDINGS INC 51,974
METROCITY BANKSHARES INC 51,892
BANCO LATINOAMERICANO DE COMERCIO 51,740
FARMERS AND MERCHANTS BANCORP INC 51,710
SOUTHERN MISSOURI BANCORP INC 51,687
EZCORP NON VOTING INC CLASS A 51,661
INTEGRAL AD SCIENCE HOLDING CORP 51,626
ONEWATER MARINE CLASS A INC 51,558
INOVIO PHARMACEUTICALS INC 51,516
SKILLZ INC CLASS A 51,458
MICROVAST HOLDINGS INC 51,220
WORKHORSE GROUP INC 51,150
VISHAY PRECISION GROUP INC 51,036

-47-

AMERICAN NATIONAL BANKSHARES INC 50,981
BEAZER HOMES INC 50,960
THE MARCUS CORP 50,853
ARCTURUS THERAPEUTICS HOLDINGS INC 50,809
ANI PHARMACEUTICALS INC 50,676
EUROPEAN WAX CENTER INC CLASS A 50,640
PROTAGONIST THERAPEUTICS INC 50,490
CITIZENS AND NORTHERN CORP 50,467
REV GROUP INC 50,415
CTO REALTY GROWTH INC 50,302
SMARTFINANCIAL INC 50,277
MID PENN BANCORP INC 50,272
IDT CORP CLASS B 50,199
ARIS WATER SOLUTIONS INC CLASS A 50,090
ALLBIRDS INC CLASS A 50,005
KINNATE BIOPHARMA INC 49,999
BABCOCK AND WILCOX ENTERPRISES INC 49,814
AMYRIS INC 49,682
HOMETRUST BANCSHARES INC 49,600
MASTERCRAFT BOAT HOLDINGS INC 49,531
RITE AID CORP 49,310
MERCHANTS BANCORP 49,126
DOUGLAS ELLIMAN INC 49,098
ADMA BIOLOGICS INC 48,999
EXCELERATE ENERGY INC CLASS A 48,625
BRIGHT HEALTH GROUP INC 48,609
HAVERTY FURNITURE COMPANIES INC 48,446
WW INTERNATIONAL INC 48,302
FIRST INTERNET BANCORP 48,271
WATERSTONE FINANCIAL INC 48,269
RYERSON HOLDING CORP 47,945
DMC GLOBAL INC 47,780
IMAGO BIOSCIENCES INC 47,655
ERASCA INC 47,551
KARYOPHARM THERAPEUTICS INC 47,544
HYSTER YALE MATERIALS HANDLING INC 47,396
GREIF INC CLASS B 47,340
NATIONAL PRESTO INDUSTRIES INC 47,326
AMMO INC 47,309
CARPARTS COM INC 47,254
SELECTQUOTE INC 46,961
SOUTHERN FIRST BANCSHARES INC 46,946
UNIVERSAL INSURANCE HOLDINGS INC 46,791

-48-

ROVER GROUP INC CLASS A 46,789
SOLARIS OILFIELD INFRASTRUCTURE IN 46,784
ANIKA THERAPEUTICS INC 46,626
FIVE STAR BANCORP 46,605
CUE HEALTH INC 46,589
AXOGEN INC 46,568
CANTALOUPE INC 46,502
PENNANT GROUP INC 46,385
AERIE PHARMACEUTICALS INC 46,380
OIL STATES INTERNATIONAL INC 46,287
SENECA FOODS CORP CLASS A 46,209
OMEGA FLEX INC 46,169
LIBERTY LATIN AMERICA LTD CLASS A 46,106
FRONTIER GROUP HOLDINGS INC 45,876
22ND CENTURY GROUP INC 45,870
FLUENCE ENERGY INC CLASS A 45,855
VIVINT SMART HOME INC CLASS A 45,814
ORGANOGENESIS HOLDINGS INC CLASS A 45,613
INHIBRX INC 45,536
PLAYSTUDIOS INC CLASS A 45,475
SILVERBOW RESOURCES INC 45,461
RUSH ENTERPRISES INC CLASS B 45,393
INTERCEPT PHARMACEUTICALS INC 45,380
C4 THERAPEUTICS INC 45,368
LIQUIDITY SERVICES INC 45,320
CUSTOM TRUCK ONE SOURCE INC 45,270
ALBIREO PHARMA INC 45,042
BRIDGEWATER BANCSHARES INC 44,950
PORTILLO S INC CLASS A 44,881
ZIMVIE INC 44,796
FIRST BANCORP INC 44,773
CORE SCIENTIFIC INC 44,716
CIVISTA BANCSHARES INC 44,603
JOHNSON OUTDOORS INC CLASS A 44,341
ADVANTAGE SOLUTIONS INC CLASS A 44,202
EDGIO INC 44,181
CARTER BANKSHARES INC 44,180
AMNEAL PHARMACEUTICALS INC CLASS A 44,119
ENTERPRISE BANCORP INC 44,100
CADRE HOLDINGS INC 43,943
BLUEGREEN VACATIONS HOLDING CORP C 43,930
OCULAR THERAPEUTIX INC 43,914
SUMMIT FINANCIAL GROUP INC 43,892

-49-

INDUS REALTY TRUST INC 43,867
TEJON RANCH 43,844
INSTIL BIO INC 43,784
HUDSON TECHNOLOGIES INC 43,731
BLUE FOUNDRY BANCORP 43,692
DAILY JOURNAL CORP 43,478
UNIVERSAL ELECTRONICS INC 43,290
PRIMIS FINANCIAL CORP 43,289
CIRCOR INTERNATIONAL INC 43,155
TRICIDA INC 43,144
MVB FINANCIAL CORP 43,118
SIERRA BANCORP 43,004
RBB BANCORP 42,663
GLATFELTER CORP 42,635
AEVA TECHNOLOGIES INC 42,452
WILLDAN GROUP INC 42,225
TATTOOED CHEF INC CLASS A 42,216
AMERICAN PUBLIC EDUCATION INC 41,709
RANPAK HOLDINGS CORP CLASS A 41,573
IMMUNITYBIO INC 41,567
WHEELS UP EXPERIENCE INC CLASS A 41,434
HERSHA HOSPITALITY REIT TRUST CLAS 41,418
KINIKSA PHARMACEUTICALS LTD CLASS 41,376
CEDAR REALTY TRUST REIT INC 41,371
MIRUM PHARMACEUTICALS INC 41,333
HIRERIGHT HOLDINGS CORP 41,308
GENERATION BIO 41,197
SOLID POWER INC CLASS A 41,119
GUARANTY BANCSHARES INC 41,071
OPPENHEIMER HOLDINGS NON VOTING IN 40,837
UTAH MEDICAL PRODUCTS INC 40,803
RIMINI STREET INC 40,760
SANDRIDGE ENERGY INC 40,711
LATHAM GROUP INC 40,651
ALLIED MOTION TECHNOLOGIES INC 40,335
RADIANT LOGISTIC INC 40,313
RAMACO RESOURCES INC 40,265
BLUEBIRD BIO INC 40,212
STOKE THERAPEUTICS INC 40,198
TUPPERWARE BRANDS CORP 40,018
REGIONAL MANAGEMENT CORP 39,911
CARIBOU BIOSCIENCES INC 39,845
VIRIDIAN THERAPEUTICS ORS INC 39,836

-50-

NORTHWEST PIPE 39,730
HERON THERAPEUTICS INC 39,585
ARBUTUS BIOPHARMA CORP 39,382
BRAEMAR HOTELS RESORTS INC 39,266
RUSH STREET INTERACTIVE INC CLASS 39,107
RXSIGHT INC 39,072
DZS INC 39,048
KIMBALL INTERNATIONAL INC CLASS B 39,040
SHORE BANCSHARES INC 39,035
GCM GROSVENOR INC CLASS A 38,840
COVENANT LOGISTICS GROUP INC CLASS 38,689
SITIO ROYALTIES CORP CLASS A 38,687
AMALGAMATED FINANCIAL 38,314
SKILLSOFT CORP CLASS A 38,266
ALTO INGREDIENTS INC 38,220
SAFE BULKERS INC 38,101
LL FLOORING HOLDINGS INC 38,070
BREAD FINANCIAL HOLDINGS INC 37,987
ENTRAVISION COMMUNICATIONS CORP CL 37,971
BERKELEY LIGHTS INC 37,946
BLUE RIDGE BANKSHARES INC 37,932
NEWPARK RESOURCES INC 37,479
MONTE ROSA THERAPEUTICS INC 37,471
CENNTRO ELECTRIC GROUP LTD 37,415
THIRD COAST BANCSHARES INC 37,405
FOGHORN THERAPEUTICS 37,400
OOMA INC 37,332
IES INC 37,290
AKERO THERAPEUTICS INC 37,290
CREDO TECHNOLOGY GROUP HOLDING LTD 37,248
ASPEN AEROGELS INC 36,971
VENTYX BIOSCIENCES INC 36,959
ASTRONICS CORP 36,866
NATIONAL ENERGY SERVICES REUNITED 36,741
QUOTIENT TECHNOLOGY INC 36,712
SOUTH PLAINS FINANCIAL INC 36,596
THE VITA COCO COMPANY INC 36,526
BIOXCEL THERAPEUTICS INC 36,274
EASTMAN KODAK 36,266
1-800 FLOWERS.COM INC CLASS A 36,157
KODIAK SCIENCES INC 36,023
LANDEC CORP 35,962
ORRSTOWN FINANCIAL SERVICES INC 35,892

-51-

LIBERTY MEDIA LIBERTY BRAVES CORP 35,839
TREDEGAR CORP 35,770
ENFUSION INC CLASS A 35,684
DASEKE INC 35,618
TARSUS PHARMACEUTICALS INC 35,609
ALTUS POWER INC CLASS A 35,519
TRUECAR INC 35,506
BRIGHTCOVE INC 35,379
GTY TECHNOLOGY HOLDINGS INC 35,369
LINDBLAD EXPEDITIONS HOLDINGS INC 35,154
DISTRIBUTION SOLUTIONS GROUP INC 35,151
MACATAWA BANK CORP 35,112
VITAL FARMS INC 35,105
WHOLE EARTH BRANDS INC CLASS A 34,900
HOME BANCORP INC 34,881
HYZON MOTORS INC CLASS A 34,795
EIGER BIOPHARMACEUTICALS INC 34,719
AURA BIOSCIENCES INC 34,717
LORDSTOWN MOTORS CORP CLASS A 34,708
PERELLA WEINBERG PARTNERS CLASS A 34,619
FARADAY FUTURE INTELLIGENT ELECTRI 34,614
RILEY EXPLORATION PERMIAN INC 34,505
APPHARVEST INC 34,401
SERES THERAPEUTICS INC 34,303
CINCOR PHARMA INC 34,251
PARK AEROSPACE CORP 34,197
VINCO VENTURES INC 34,174
INFRASTRUCTURE AND ENERGY ALTERNAT 34,136
TIPTREE INC 34,048
AXT INC 34,006
COMTECH TELECOMMUNICATIONS CORP 33,904
GROUPON INC 33,810
OLYMPIC STEEL INC 33,733
ENERGY VAULT HOLDINGS INC 33,697
BLADE AIR MOBILITY INC CLASS A 33,651
IDENTIV INC 33,582
MILLER INDUSTRIES INC 33,574
INFORMATION SERVICES GROUP INC 33,550
MOTORCAR PARTS OF AMERICA INC 33,482
SHOTSPOTTER INC 33,476
FORESTAR GROUP INC 33,458
VINTAGE WINE ESTATES INC 33,436
MEIRAGTX HOLDINGS PLC 33,187

-52-

EDGEWISE THERAPEUTICS INC 33,153
BRT APARTMENTS CORP 33,009
CENTRUS ENERGY CORP CLASS A 32,942
BIG SPORTING GOODS CORP 32,935
RED RIVER BANCSHARES INC 32,881
EHEALTH INC 32,870
FORMA THERAPEUTICS HLDG INC 32,858
KALVISTA PHARMACEUTICALS INC 32,816
DONEGAL GROUP INC CLASS A 32,702
IRADIMED CORP 32,548
FOSSIL GROUP INC 32,478
MEDIAALPHA INC CLASS A 32,338
NUVALENT INC CLASS A 32,286
POSTAL REALTY TRUST INC CLASS A 32,244
CYBEROPTICS CORP 32,215
SUTRO BIOPHARMA INC 32,208
RIBBON COMMUNICATIONS INC 32,178
ARDMORE SHIPPING CORP 32,132
WM TECHNOLOGY INC CLASS A 32,058
USERTESTING INC 32,048
ROCKY BRANDS INC 31,822
BAYCOM CORP 31,785
JOHN MARSHALL BANCORP INC 31,714
AMPLIFY ENERGY CORP 31,660
PCSB FINANCIAL CORP 31,499
UNITED STATES LIME AND MINERALS IN 31,469
SERITAGE GROWTH PROPERTIES CLA 31,385
EVERCOMMERCE INC 31,360
FIRST BUSINESS FINANCIAL SERVICES 31,346
NORTHEAST BANK 31,343
BUILD A BEAR WORKSHOP INC 31,313
OPORTUN FINANCIAL CORP 31,310
RING ENERGY INC 31,276
PROVIDENT BANCORP INC 31,086
KURA SUSHI USA INC 31,055
OUSTER INC CLASS A 31,008
HOVNANIAN ENTERPRISES INC CLASS A 30,766
FIRST BANK 30,672
UNIVERSAL TECHNICAL INSTITUTE INC 30,502
AFC GAMMA INC 30,491
AERSALE CORP 30,471
ESS TECH INC 30,365
UR ENERGY INC 30,198

-53-

JOINT CORP 30,176
CAESARSTONE LTD 30,175
BCB BANCORP INC 30,160
PROFESSIONAL HOLDING CORP CLASS A 30,055
VERITONE INC 29,999
AMYLYX PHARMACEUTICALS INC 29,988
SCULPTOR CAPITAL MANAGEMENT INC CL 29,960
EVOLV TECHNOLOGIES HOLDINGS INC CL 29,952
ACNB CORP 29,838
PROVENTION BIO INC 29,780
HIPPO HOLDINGS INC CLASS A 29,714
COLONY BANKCORP INC 29,607
DYNE THERAPEUTICS INC 29,582
4D MOLECULAR THERAPEUTICS INC 29,449
ROCKLEY PHOTONICS HOLDINGS LTD 29,338
CAREMAX INC CLASS A 28,964
XPONENTIAL FITNESS INC CLASS A 28,888
SINGULAR GENOMICS SYSTEMS INC 28,738
PURE CYCLE CORP 28,595
INVESTORS TITLE 28,554
JANUX THERAPEUTICS INC 28,425
LUTHER BURBANK CORP 28,410
ESQUIRE FINANCIAL HOLDINGS INC 28,405
POWELL INDUSTRIES INC 28,395
GREENLIGHT CAPITAL LTD CLASS A 28,377
QUANTUM SI INC CLASS A 28,332
SUPERIOR GROUP OF COMPANIES INC 28,329
ALICO INC 28,326
DREAM FINDERS HOMES INC CLASS A 28,292
BRC INC CLASS A 28,291
ASHFORD HOSPITALITY TRUST REIT INC 28,279
THE REALREAL INC 28,222
EGAIN CORP 28,197
CITI TRENDS INC 28,167
BIOVENTUS CLASS A INC 28,160
SEASPINE HOLDINGS CORP 28,097
FULL HOUSE RESORTS INC 28,090
TANGO THERAPEUTICS INC 28,023
CATO CORP CLASS A 27,992
UNIVERSAL LOGISTICS INC 27,965
BENEFITFOCUS INC 27,961
DHI GROUP INC 27,912
PORCH GROUP INC 27,889

-54-

FUTUREFUEL CORP 27,853
PHATHOM PHARMACEUTICALS INC 27,827
LIQUIDIA CORP 27,817
CANOO INC CLASS A 27,807
ATOMERA INC 27,746
CENTURY CASINOS INC 27,655
EYEPOINT PHARMACEUTICALS INC 27,647
TEEKAY CORP 27,579
HF FOODS GROUP INC 27,562
NERDWALLET INC CLASS A 27,541
CONTAINER STORE GROUP INC 27,443
GROWGENERATION CORP 27,438
ORASURE TECHNOLOGIES INC 27,328
MARKFORGED HOLDING CORP 27,304
OUTBRAIN INC 27,237
THE HONEST COMPANY INC 27,185
DESTINATION XL GROUP INC 27,089
INTAPP INC 27,084
XERIS BIOPHARMA HOLDINGS INC 27,067
FOCUS UNIVERSAL INC 26,951
SARCOS TECHNOLOGY AND ROBOTICS COR 26,938
EL POLLO LOCO INC 26,873
AKOYA BIOSCIENCES INC 26,792
TURTLE BEACH CORP 26,784
NOODLES CLASS A 26,734
PCB BANCORP 26,731
SEMA4 HOLDINGS CORP CLASS A 26,681
MANNING AND NAPIER INC CLASS A 26,636
WEBER INC CLASS A 26,518
AKOUSTIS TECHNOLOGIES INC 26,425
PFSWEB INC 26,413
SIGHT SCIENCES INC 26,215
MONEYLION INC CLASS A 26,121
PLBY GROUP INC 26,106
VILLAGE SUPER MARKET INC CLASS A 26,072
AVAYA HOLDINGS CORP 26,056
RIGEL PHARMACEUTICALS INC 26,028
DIGIMARC CORP 25,876
FVCBANKCORP INC 25,816
HBT FINANCIAL INC 25,697
CHIMERIX INC 25,694
INSPIRED ENTERTAINMENT INC 25,529
MACROGENICS INC 25,279

-55-

ASTRA SPACE INC CLASS A 25,260
FIRST WESTERN FINANCIAL INC 25,124
IGM BIOSCIENCES INC 25,098
PARKE BANCORP INC 25,089
VERA THERAPEUTICS INC CLASS A 25,070
VELODYNE LIDAR INC 24,953
ABSCI CORP 24,837
ONDAS HOLDINGS INC 24,821
UNIFI INC 24,802
VIEW INC CLASS A 24,629
VIVID SEATS INC CLASS A 24,621
ALTA EQUIPMENT GROUP INC CLASS A 24,407
PAM TRANSPORTATION SERVICES INC 24,350
NEOGAMES S A SA 24,272
STRATUS PROPERTIES INC 24,233
VISTAGEN THERAPEUTICS INC 24,146
RAYONIER ADVANCED MATERIALS INC 24,109
ARCELLX INC 24,064
REPUBLIC FIRST BANCORP INC 24,011
ALX ONCOLOGY HOLDINGS INC 23,979
ZYNEX INC 23,956
AVIAT NETWORKS INC 23,913
SNAP ONE HOLDINGS CORP 23,814
CAPITAL BANCORP INC 23,805
EVERQUOTE INC CLASS A 23,788
AADI BIOSCIENCE INC 23,691
CONVEY HEALTH SOLUTIONS HOLDINGS I 23,681
TARGET HOSPITALITY CORP 23,628
GLOBAL WATER RESOURCES INC 23,474
RED VIOLET INC 23,324
TILLYS INC CLASS A 23,145
BLUE BIRD CORP 23,126
DIEBOLD NIXDORF INC 23,079
HIGHPEAK ENERGY INC 23,007
INOTIV INC 22,877
FULCRUM THERAPEUTICS INC 22,790
CENTURY THERAPEUTICS INC 22,756
IMMUNOVANT INC 22,640
INSEEGO CORP 22,616
CERBERUS CYBER SENTINEL CORP 22,594
UNITY BANCORP INC 22,482
CONCRETE PUMPING HOLDINGS INC 22,458
NI HOLDINGS INC 22,394

-56-

PREFORMED LINE PRODUCTS 22,386
ROOT INC CLASS A 22,253
PURPLE INNOVATION INC 22,252
SWEETGREEN INC CLASS A 22,252
CAMBIUM NETWORKS CORP 22,224
HYCROFT MINING HOLDING CLASS A 22,127
NUSCALE POWER CORP CLASS A 22,028
DAKOTA GOLD CORP 21,922
ADAGIO THERAPEUTICS INC 21,828
ONE GROUP HOSPITALITY INC 21,815
LAND END INC 21,771
HYDROFARM HOLDINGS GROUP INC 21,670
VBI VACCINES INC 21,467
AEMETIS INC 21,462
VOLTA INC CLASS A 21,420
VICARIOUS SURGICAL CORP CLASS A 21,280
CLEANSPARK INC 21,262
ATLANTICUS HOLDINGS CORP 21,208
NATURAL GROCERS BY VITAMIN COTTAGE 21,166
TENAYA THERAPEUTICS INC 21,158
BANKWELL FINANCIAL GROUP INC 21,083
PARTY CITY HOLDCO INC 20,910
NEXPOINT REAL ESTATE FINANCE INC 20,898
NACCO INDUSTRIES INC CLASS A 20,769
RUMBLEON INC CLASS B 20,535
KRONOS BIO INC 20,246
OFFERPAD SOLUTIONS INC CLASS A 20,084
THREDUP INC CLASS A 19,985
TACTILE SYSTEMS TECHNOLOGY INC 19,805
CRAWFORD CLASS A 19,804
FTC SOLAR INC 19,660
CONSUMER PORTFOLIO SERVICES INC 19,588
NATURES SUNSHINE PRODUCTS INC 19,494
ANGEL OAK MORTGAGE INC 19,427
CUMULUS MEDIA INC CLASS A 19,371
ZETA GLOBAL HOLDINGS CORP CLASS A 19,260
IRONNET INC 19,256
SPIRE GLOBAL INC CLASS A 19,156
SILVERCREST ASSET MANAGEMENT GROUP 19,150
RENT THE RUNWAY INC CLASS A 19,135
F45 TRAINING HOLDINGS INC 19,127
FIRST WATCH RESTAURANT GROUP INC 19,078
TREAN INSURANCE GROUP INC 18,995

-57-

GREENE COUNTY BANCORP INC 18,795
ENETI INC 18,776
NEXTDECADE CORP 18,626
DOMA HOLDINGS INC 18,595
FIRST GUARANTY BANCSHARES INC 18,549
HILLEVAX INC 18,548
CASA SYSTEMS INC 18,502
LIFETIME BRANDS INC 18,481
AEROVATE THERAPEUTICS INC 18,303
ICOSAVAX INC 18,216
PRECIGEN INC 18,054
1STDIBS COM INC 18,026
LEXICON PHARMACEUTICALS INC 17,813
ATERIAN INC 17,727
ALPINE IMMUNE SCIENCES INC 17,548
WEYCO GROUP INC 17,531
PIONEER BANCORP INC 17,375
RESERVOIR MEDIA INC 17,232
JOUNCE THERAPEUTICS INC 17,177
TRAEGER INC 17,081
ALLOVIR INC 17,074
BAKKT HOLDINGS INC CLASS A 16,972
DULUTH HOLDINGS INC CLASS B 16,914
SCIENCE 37 HOLDINGS INC 16,846
EXPRESS INC 16,834
NAUTILUS BIOTECHNOLGY INC 16,834
OUTLOOK THERAPEUTICS INC 16,797
NUTEX HEALTH INC 16,796
RALLYBIO CORP 16,708
BEACHBODY COMPANY INC CLASS A 16,636
CURO GROUP HOLDINGS CORP 16,629
PZENA INVESTMENT MANAGEMENT INC CL 16,574
AUDACY INC CLASS A 16,413
VALHI INC 16,322
MOMENTUS ORS CLASS A INC 16,040
ARTERIS INC 15,996
VACASA INC CLASS A 15,791
LEGACY HOUSING CORP 15,647
RIGETTI COMPUTING INC 15,601
NERDY INC CLASS A 15,532
ENDO INTERNATIONAL PLC 15,107
CONNS INC 15,078
SECUREWORKS CLASS A CORP 14,878

-58-

TERRAN ORBITAL CORP 14,596
USCB FINANCIAL HOLDINGS CLASS A 14,494
LIGHTNING EMOTORS INC 14,457
NEXTNAV INC 14,412
VIA RENEWABLES INC CLASS A 14,179
TILE SHOP HOLDINGS INC 14,061
GAMCO INVESTORS INC CLASS A 14,003
KORE GROUP HOLDINGS INC 13,990
BABYLON HOLDINGS LTD CLASS A 13,940
ATHIRA PHARMA INC 13,905
ATI PHYSICAL THERAPY INC CLASS A 13,811
CHICAGO ATLANTIC REAL ESTATE FINAN 13,705
TALARIS THERAPEUTICS INC 13,602
CLIPPER REALTY INC 13,309
SHARECARE INC CLASS A 13,278
XOS INC 13,101
ARENA GROUP HLDGS INC 13,095
BIGLARI HOLDINGS INCINARY CLASS B 13,006
Starry Group Holdings Inc (A) 12,962
QUAD GRAPHICS INC CLASS A 12,856
ONCOLOGY INSTITUTE INC 12,422
THESEUS PHARMACEUTICALS INC 12,343
ATLAS TECHNICAL CONSULTANTS INC CL 12,329
JOANN INC 12,323
TYRA BIOSCIENCES INC 12,305
STERLING BANCORP INC 12,278
P3 HEALTH PARTNERS INC CLASS A 12,276
AVEANNA HEALTHCARE HOLDINGS INC 12,123
NL INDUSTRIES INC 12,071
VELOCITY FINANCIAL INC 11,957
SOLO BRANDS INC CLASS A 11,957
KARAT PACKAGING INC 11,823
PARDES BIOSCIENCES INC 11,445
PRAXIS PRECISION MEDICINES INC 11,214
IBEX LTD 11,100
STONEMOR INC 11,009
INNOVAGE HOLDING CORP 10,976
LATCH INC 10,814
EMPIRE PETROLEUM CORP 10,766
PEPGEN LTD 10,764
VIANT TECHNOLOGY INC CLASS A 10,744
VELO3D INC 10,663
MARINE PRODUCTS CORP 10,547

-59-

TRANSPHORM INC 10,542
POLYMET MINING CORP 10,244
LANDSEA HOMES CORP 10,210
LOYALTY VENTURES INC 10,017
BIRD GLOBAL INC CLASS A 9,962
SUNLIGHT FINANCIAL HOLDINGS INC CL 9,611
BERKSHIRE GREY INC CLASS A 9,302
SKYWATER TECHNOLOGY INC 9,217
TORRID HOLDINGS INC 8,908
AIRSCULPT TECHNOLOGIES INC 8,877
VALUE LINE INC 8,719
BARK INC 8,687
THORNE HEALTHTECH INC 8,639
GAMBLING COM GROUP LTD 8,547
LULU S FASHION LOUNGE HOLDINGS INC 8,441
ALPHA TEKNOVA INC 8,266
ASSOCIATED CAPITAL GROUP INC CLASS 8,133
PRIORITY TECHNOLOGY HOLDINGS INC 8,049
REDWIRE CORP 7,858
KALEYRA INC 7,823
LOCAL BOUNTI CORP 7,810
CIPHER MINING INC 7,742
FINANCE OF AMERICA COMPANIES INC C 7,649
MARKETWISE INC CLASS A 7,589
HUMACYTE INC 7,537
URBAN ONE INC CLASS A 6,918
CELULARITY INC CLASS A 6,841
AEYE INC CLASS A 6,710
REDBOX ENTERTAINMENT INC CLASS A 6,601
ADTHEORENT HOLDING COMPANY INC 6,579
URBAN ONE INC CLASS D 6,313
SONDER HOLDINGS INC CLASS A 6,110
INSPIRATO INC CLASS A 6,019
OPPFI INC CLASS A 6,014
COMPOSECURE INC CLASS A 5,772
TRANSCONTINENTAL REALTY INVESTORS 5,531
SWK HOLDINGS CORP 5,433
ADURO BIOTECH CVR 5,431
ZOGENIX INC CVR 5,388
COMPX INTERNATIONAL INC 5,241
HELIOGEN INC 5,231
LIVEVOX HOLDING INC CLASS A 5,231
CRYPTYDE INC3 5,026

-60-

ENOCHIAN BIOSCIENCES INC 4,927
INNOVID CORP 4,847
HOME POINT CAPITAL INC 4,528
A K A BRANDS HOLDING CORP 4,427
AN2 THERAPEUTICS INC 4,418
FATHOM DIGITAL MANUFACTURING CORP 4,412
WEJO GROUP LTD 4,320
GREENLIGHT BIOSCIENCES HOLDINGS PB 4,000
TERAWULF INC 3,904
OWLET INC CLASS A 3,779
GREENIDGE GENERATION HOLDINGS INC 3,183
BATTALION OIL CORP 2,875
APPLIED BLOCKCHAIN INC 2,686
AMERICAN REALTY INVESTORS INC 2,597
WEAVE COMMUNICATIONS INC 2,502
GELESIS HOLDINGS INC 2,447
LEAFLY HOLDINGS INC 2,300
MULLEN AUTOMOTIVE INC 2,078
MAIDEN HOLDINGS LTD 580
GTXI INC - CVR 99
CASH COLLATERAL USD WFFUT 278,000
G/L OTHER 293,429
Total P&G Series – Russell 2000 Index SMA $315,268,684

-61-