First Eagle

Q2 2021 13F · by Kimball Brooker, portfolio manager

As of: Jun 30, 2021
Filed: Aug 11, 2021
US stock: $40.0B · prev $37.6B
Positions: 295 · prev 98
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves289 since the prior filing

+1.2 pp in · −1.2 pp out

New 199 0.00 pp
Added 32 +1.21 pp
Trimmed 56 −1.19 pp
Exited 2 −0.03 pp

The book

Diversified · behaves like 49 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 3.8% a year, about 26.4 years per position

Low
Moderate
High

Top 5 positions19% of US stock

ORCL Oracle Corp trimmed+0.06 pp trimmed+0.065.2%
CMCSA Comcast Corp trimmed−0.08 pp trimmed−0.084.3%
XOM Exxon Mobil Corp trimmed+0.17 pp trimmed+0.174.0%
META Meta Platforms, Inc. Class A trimmed+0.27 pp trimmed+0.273.0%
TSM Taiwan Semiconductor Manufacturing Company Ltd. added−0.13 pp added−0.132.9%

Positions295 in this filing · 2 exited


ORCLOracle Corp	5.23%	26,857,426	$2.1B	trimmed−3%	+0.06 pp	33 q
CMCSAComcast Corp	4.26%	29,872,460	$1.7B	trimmed−1%	−0.08 pp	33 q
XOMExxon Mobil Corp	4.02%	25,493,966	$1.6B	trimmed−2%	+0.17 pp	33 q
METAMeta Platforms, Inc. Class A	3.03%	3,483,957	$1.2B	trimmed−1%	+0.27 pp	13 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	2.93%	9,765,589	$1.2B	added+1%	−0.13 pp	12 q
NEMNewmont Corporation	2.92%	18,402,336	$1.2B	trimmed−0%	−0.04 pp	33 q
NTRNutrien Ltd.	2.62%	17,301,855	$1.0B	trimmed−13%	−0.24 pp	14 q
PMPhilip Morris International Inc.	2.59%	10,456,409	$1.0B	trimmed−0%	+0.12 pp	13 q
CHRWC.H. Robinson Worldwide, Inc.	2.47%	10,539,279	$987M	trimmed−0%	−0.21 pp	18 q
CLColgate-Palmolive Company	2.41%	11,844,820	$964M	trimmed−1%	−0.09 pp	33 q
SLBSLB Limited	2.15%	26,913,381	$861M	trimmed−2%	+0.16 pp	33 q
BNYBank of New York Mellon Corporation	2.11%	16,487,896	$845M	trimmed−1%	+0.02 pp	33 q
ABEVAmbev S.a.	2.02%	234,898,405	$808M	added0%	+0.31 pp	6 q
MSFTMicrosoft Corp	2.01%	2,971,433	$805M	trimmed−0%	+0.15 pp	33 q
IMOImperial Oil Limited	1.98%	25,928,621	$790M	trimmed−2%	+0.28 pp	24 q
99952EURLinde PLC/OLD	1.92%	2,661,980	$769M	trimmed−17%	−0.47 pp	11 q
AXPAmerican Express Company	1.90%	4,595,466	$759M	trimmed−10%	−0.02 pp	33 q
ELVElevance Health, Inc.	1.87%	1,954,383	$746M	trimmed−1%	−0.02 pp	27 q
WPMWheaton Precious Metals Corp.	1.82%	16,557,509	$730M	trimmed−0%	+0.13 pp	17 q
TDCTeradata Corporation	1.69%	13,500,460	$675M	trimmed−0%	+0.30 pp	31 q
GLDSPDR Gold Trust, SPDR Gold Shares	1.66%	4,005,605	$663M	trimmed−1%	−0.06 pp	33 q
TXNTexas Instruments Incorporated	1.64%	3,403,265	$654M	trimmed−6%	−0.19 pp	24 q
WYWeyerhaeuser Company	1.62%	18,880,615	$650M	trimmed−1%	−0.19 pp	33 q
WTWWillis Towers Watson Public Limited Company	1.55%	2,701,907	$621M	added+13%	+0.09 pp	22 q
ADIAnalog Devices, Inc.	1.51%	3,516,997	$605M	trimmed−1%	+0.04 pp	26 q
GOOGAlphabet Inc. Class C	1.44%	229,616	$575M	trimmed−0%	+0.17 pp	29 q
FMXFomento Economico Mexicano, S.a.b. De C.v.	1.44%	6,821,796	$577M	added0%	+0.08 pp	6 q
ABXBarrick Mining Corporation	1.40%	27,017,502	$559M	added0%	−0.02 pp	33 q
USBU.S. Bancorp	1.37%	9,646,606	$550M	trimmed−1%	−0.07 pp	33 q
DEDeere & Company	1.34%	1,514,906	$534M	trimmed−1%	−0.19 pp	28 q
NOVNOV Inc.	1.33%	34,824,197	$534M	added+4%	+0.10 pp	33 q
BKNGBooking Holdings Inc.	1.27%	232,114	$508M	trimmed−1%	−0.19 pp	12 q
CMICummins Inc.	1.21%	1,984,065	$484M	trimmed−0%	−0.16 pp	23 q
TRVThe Travelers Companies, Inc.	1.21%	3,244,389	$486M	trimmed−2%	−0.11 pp	18 q
CRMSalesforce, Inc.	1.20%	1,959,151	$479M	added0%	+0.10 pp	5 q
GOOGLAlphabet Inc. Class A	1.18%	193,980	$474M	trimmed−1%	+0.10 pp	23 q
HCAHCA Healthcare, Inc.	1.17%	2,268,996	$469M	added+1%	+0.04 pp	13 q
VMRKVivmark Residential	1.16%	6,012,847	$463M	trimmed−1%	0.00 pp	6 q
WFCWells Fargo & Co.	1.16%	10,267,197	$465M	trimmed−4%	+0.05 pp	10 q
UHSUniversal Health Services, Inc. Class B	1.12%	3,050,388	$447M	trimmed−1%	+0.03 pp	13 q
FLSFlowserve Corporation	1.11%	11,047,237	$445M	trimmed−1%	−0.04 pp	26 q
UNPUnion Pacific Corp.	1.08%	1,972,244	$434M	trimmed−1%	−0.08 pp	24 q
BRK.ABerkshire Hathaway Inc.	1.07%	1,025	$429M	trimmed−0%	+0.02 pp	33 q
UGIUGI Corporation	1.05%	9,098,411	$421M	trimmed−1%	+0.05 pp	24 q
BROBrown & Brown, Inc.	1.04%	7,845,063	$417M	trimmed−6%	+0.02 pp	29 q
XRAYDENTSPLY SIRONA Inc.	0.99%	6,257,693	$396M	trimmed−8%	−0.16 pp	13 q
RGLDRoyal Gold Inc	0.98%	3,418,946	$390M	trimmed−2%	−0.02 pp	33 q
BABAAlibaba Group Holding Limited	0.97%	1,707,007	$387M	added+79%	+0.40 pp	2 q
BDXBecton, Dickinson and Co.	0.92%	1,509,830	$367M	added+17%	+0.09 pp	3 q
WRBW.R. Berkley Corporation	0.92%	4,960,491	$369M	trimmed−1%	−0.08 pp	33 q
SCHWThe Charles Schwab Corporation	0.92%	5,030,265	$366M	trimmed−1%	+0.04 pp	8 q
YAlleghany Corporation	0.86%	513,739	$343M	trimmed−2%	−0.01 pp	33 q
IPGPIPG Photonics Corporation	0.83%	1,572,155	$331M	trimmed−0%	−0.05 pp	12 q
AEMAgnico Eagle Mines Ltd.	0.79%	5,256,318	$318M	trimmed−23%	−0.26 pp	33 q
EXPDExpeditors International of Washington, Inc.	0.79%	2,496,985	$316M	trimmed−0%	+0.07 pp	6 q
BXPBXP, Inc.	0.72%	2,511,452	$288M	added0%	+0.04 pp	5 q
CCUCompania Cervecerias Unidas S.A.	0.72%	14,334,491	$289M	added+1%	+0.05 pp	29 q
FNVFranco-Nevada Corporation	0.69%	1,902,094	$276M	trimmed−1%	+0.05 pp	33 q
KHCThe Kraft Heinz Company	0.69%	6,756,086	$276M	trimmed−7%	−0.08 pp	8 q
TFCTruist Financial Corporation	0.63%	4,521,059	$251M	trimmed−16%	−0.20 pp	33 q
DEIDouglas Emmett, Inc.	0.59%	7,033,389	$236M	added+2%	+0.01 pp	5 q
PPGPPG Industries, Inc.	0.47%	1,103,612	$187M	trimmed−3%	+0.01 pp	6 q
KLKirkland Lake Gold Ltd Ordinary	0.26%	2,737,368	$105M	added0%	+0.01 pp	6 q
NGNovaGold Resources Inc.	0.23%	11,501,183	$92M	added0%	−0.04 pp	22 q
BTGB2Gold Corp.	0.19%	17,976,539	$75M	added0%	−0.02 pp	25 q
AGIAlamos Gold Inc. Class A	0.18%	9,299,156	$71M	added0%	−0.01 pp	19 q
MQ8Mag Silver Corp	0.18%	3,349,100	$70M	added0%	+0.05 pp	26 q
EPDEnterprise Products Partners L.P.	0.17%	2,782,148	$67M	trimmed−3%	0.00 pp	6 q
GDGeneral Dynamics Corporation	0.15%	313,354	$59M	held	—	22 q
WEPMagellan Midstream Partners	0.12%	1,003,805	$49M	added+12%	+0.02 pp	3 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.11%	106,430	$43M	held	—	4 q
AUAngloGold Ashanti plc	0.06%	1,313,132	$24M	added0%	−0.02 pp	33 q
ORLAOrla Mining Ltd	0.06%	5,852,856	$24M	added+19%	+0.01 pp	3 q
ROSTRoss Stores Inc	0.06%	199,129	$25M	trimmed−21%	−0.02 pp	4 q
MDTMedtronic plc	0.06%	192,127	$24M	trimmed−15%	−0.01 pp	4 q
KOFCoca-Cola FEMSA, S.A.B DE C.V	0.05%	381,717	$20M	added×4.3	+0.04 pp	2 q
HDHome Depot, Inc.	0.05%	57,392	$18M	added+32%	+0.01 pp	4 q
SJTSan Juan Basin Royalty Trust UBI	0.05%	4,098,935	$21M	held	—	33 q
0VQJLTe Connectivity Ltd	0.05%	140,752	$19M	held	—	4 q
KGCKinross Gold Corporation	0.04%	2,322,918	$15M	added0%	0.00 pp	13 q
SMGThe Scotts Miracle-Gro Company	0.04%	78,227	$15M	trimmed−64%	−0.10 pp	33 q
PEPPepsiCo, Inc.	0.03%	69,311	$10M	trimmed−39%	−0.01 pp	4 q
SPGIS&P Global Inc.	0.03%	29,969	$12M	held	—	4 q
ACNAccenture PLC	0.02%	27,531	$8M	held	—	4 q
JILLJ.Jill, Inc.	0.01%	113,967	$2M	held	—	3 q
SBUXStarbucks Corp	0.01%	38,166	$4M	trimmed−66%	−0.02 pp	4 q
VVISA Inc.	0.01%	25,294	$6M	trimmed−66%	−0.03 pp	4 q
AIRAAR Corp.	0.00%	1,120	$43,000	new	0.00 pp	new
ATENA10 Networks Inc	0.00%	3,415	$38,000	new	0.00 pp	new
ACHCAcadia Healthcare Company, Inc.	0.00%	416	$26,000	new	0.00 pp	new
ACRACRES Commercial Realty Corp.	0.00%	2,921	$47,000	new	0.00 pp	new
QH9Adtran Inc	0.00%	2,486	$51,000	new	0.00 pp	new
ASIXAdvanSix Inc.	0.00%	2,152	$64,000	new	0.00 pp	new
AEISAdvanced Energy Industries Inc	0.00%	534	$60,000	new	0.00 pp	new
AL1Sumisho Air Lease Corp	0.00%	1,857	$78,000	new	0.00 pp	new
AAAlcoa Corporation	0.00%	643	$24,000	new	0.00 pp	new
ALEXAlexander & Baldwin, Inc.	0.00%	3,002	$55,000	new	0.00 pp	new
ATIATI Inc.	0.00%	2,640	$55,000	new	0.00 pp	new
ALGTAllegiant Travel Company	0.00%	145	$28,000	new	0.00 pp	new
APEIAmerican Public Education, Inc.	0.00%	2,086	$59,000	new	0.00 pp	new
AVDAmerican Vanguard Corporation	0.00%	3,455	$60,000	new	0.00 pp	new
unresolvedAmerican Woodmark Corporation	0.00%	744	$61,000	new	0.00 pp	new
CRMTAmerica's Car Mart Inc	0.00%	434	$62,000	new	0.00 pp	new
AMKRAmkor Technology Inc	0.00%	3,900	$92,000	new	0.00 pp	new
ASYSAmtech Systems Inc	0.00%	7,092	$68,000	new	0.00 pp	new
APOGApogee Enterprises Inc	0.00%	613	$25,000	new	0.00 pp	new
AROCArchrock Inc	0.00%	2,520	$22,000	new	0.00 pp	new
ACAArcosa, Inc.	0.00%	1,206	$71,000	new	0.00 pp	new
AHRTAH Realty Trust, Inc.	0.00%	4,434	$59,000	new	0.00 pp	new
9YYAshford Inc	0.00%	1,600	$36,000	new	0.00 pp	new
ATROAstronics Corp	0.00%	4,231	$74,000	new	0.00 pp	new
AAWWAtlas Air Worldwide Holdings, Inc.	0.00%	1,113	$76,000	new	0.00 pp	new
AVYAAvaya Holdings Corp.	0.00%	2,743	$74,000	new	0.00 pp	new
AVTAvnet, Inc.	0.00%	1,449	$58,000	new	0.00 pp	new
AXAxos Financial, Inc.	0.00%	768	$36,000	new	0.00 pp	new
RILYBRC Group Holdings, Inc.	0.00%	1,000	$76,000	new	0.00 pp	new
BWBabcock & Wilcox Enterprises, Inc.	0.00%	7,374	$58,000	new	0.00 pp	new
BHRBraemar Hotels & Resorts Inc.	0.00%	10,115	$63,000	new	0.00 pp	new
BTIBritish American Tobacco p.l.c.	0.00%	28,879	$1M	added×17.4	0.00 pp	3 q
unresolvedCrh PLC	0.00%	5,146	$262,000	added×17.5	0.00 pp	3 q
CAMPCalamp Corp	0.00%	4,514	$57,000	new	0.00 pp	new
PRTSCarParts.com, Inc.	0.00%	2,300	$47,000	new	0.00 pp	new
CRSCarpenter Technology Corp	0.00%	1,895	$76,000	new	0.00 pp	new
CARSCars.com Inc.	0.00%	3,754	$54,000	new	0.00 pp	new
CSLTCastlight Health, Inc.	0.00%	19,122	$50,000	new	0.00 pp	new
CVCOCavco Industries Inc.	0.00%	236	$52,000	new	0.00 pp	new
CNTYCentury Casinos Inc	0.00%	1,323	$18,000	new	0.00 pp	new
CCSCentury Communities, Inc.	0.00%	307	$20,000	new	0.00 pp	new
CLDTChatham Lodging Trust	0.00%	5,852	$75,000	new	0.00 pp	new
CHEFThe Chef's Warehouse Inc	0.00%	1,904	$61,000	new	0.00 pp	new
EXEExpand Energy Corporation	0.00%	1,166	$61,000	new	0.00 pp	new
CIRCircor International Inc	0.00%	2,241	$73,000	new	0.00 pp	new
COHUCohu Inc	0.00%	2,315	$85,000	new	0.00 pp	new
FIXComfort Systems USA, Inc.	0.00%	166	$13,000	new	0.00 pp	new
CMCCommercial Metals Company	0.00%	2,300	$71,000	new	0.00 pp	new
CVGICommercial Vehicle Group, Inc.	0.00%	4,635	$49,000	new	0.00 pp	new
CMTLComtech Telecommunications	0.00%	3,305	$80,000	new	0.00 pp	new
CONNQConn's Inc	0.00%	3,279	$84,000	new	0.00 pp	new
CVACovanta Holding Corporation	0.00%	4,847	$85,000	new	0.00 pp	new
CCRNCross Ctry. Healthcare Inc.	0.00%	932	$15,000	new	0.00 pp	new
CUTRCutera, Inc.	0.00%	205	$10,000	new	0.00 pp	new
DANDana Incorporated	0.00%	1,901	$45,000	new	0.00 pp	new
DSKEDaseke, Inc.	0.00%	11,387	$74,000	new	0.00 pp	new
DEODiageo plc	0.00%	1,355	$260,000	added×17.6	0.00 pp	3 q
DGIIDigi International Inc	0.00%	2,983	$60,000	new	0.00 pp	new
DHCDiversified Healthcare Trust of Beneficial Interest	0.00%	17,035	$71,000	new	0.00 pp	new
DXYNDixie Group Inc	0.00%	6,976	$20,000	new	0.00 pp	new
DSDrive Shack Inc.	0.00%	19,590	$65,000	new	0.00 pp	new
DCODucommun Incorporated	0.00%	877	$48,000	new	0.00 pp	new
DZSIQDzs Inc	0.00%	3,191	$66,000	new	0.00 pp	new
ESTEEarthstone Energy Inc. Class A	0.00%	9,118	$101,000	new	0.00 pp	new
NPOEnpro Inc.	0.00%	717	$70,000	new	0.00 pp	new
ETDEthan Allen Interiors Inc	0.00%	695	$19,000	new	0.00 pp	new
FTSIFts International Inc-cl A	0.00%	22,101	$625,000	held	—	3 q
FFWMFirst Foundation Inc.	0.00%	1,052	$24,000	new	0.00 pp	new
unresolvedFlexion Therapeutics Inc	0.00%	8,332	$69,000	new	0.00 pp	new
FORMFormFactor Inc.	0.00%	2,336	$85,000	new	0.00 pp	new
GPXGP Strategies Corp.	0.00%	2,743	$43,000	new	0.00 pp	new
ROCKGibraltar Industries, Inc.	0.00%	400	$31,000	new	0.00 pp	new
GLTMagnera Corporation	0.00%	4,474	$63,000	new	0.00 pp	new
unresolvedGlaxosmithkline PLC	0.00%	11,301	$450,000	added×17.5	0.00 pp	3 q
GRBKGreen Brick Partners, Inc	0.00%	850	$19,000	new	0.00 pp	new
GFFGriffon Corp	0.00%	1,956	$50,000	new	0.00 pp	new
HCIHCI Group, Inc.	0.00%	518	$52,000	new	0.00 pp	new
HAYNHaynes International, Inc.	0.00%	1,423	$50,000	new	0.00 pp	new
HPHelmerich & Payne, Inc.	0.00%	1,800	$59,000	new	0.00 pp	new
HRIHerc Holdings Inc.	0.00%	100	$11,000	new	0.00 pp	new
HCCIHeritage-Crystal Clean, Inc.	0.00%	1,741	$52,000	new	0.00 pp	new
HRTGHeritage Insurance Holdings Inc	0.00%	6,083	$52,000	new	0.00 pp	new
HXLHexcel Corporation	0.00%	981	$61,000	new	0.00 pp	new
HTHHilltop Holdings Inc.	0.00%	1,847	$67,000	new	0.00 pp	new
HZNHorizon Global Corporation	0.00%	10,548	$89,000	new	0.00 pp	new
HMHCHoughton Mifflin Harcourt Company	0.00%	3,796	$42,000	new	0.00 pp	new
HLIHoulihan Lokey, Inc.	0.00%	283	$23,000	new	0.00 pp	new
HUBGHUB Group Inc	0.00%	1,000	$66,000	new	0.00 pp	new
HUNHuntsman Corporation	0.00%	2,448	$65,000	new	0.00 pp	new
INFNInfinera Corporation	0.00%	4,756	$49,000	new	0.00 pp	new
TILEInterface Inc	0.00%	1,392	$21,000	new	0.00 pp	new
IDCCInterDigital, Inc.	0.00%	345	$25,000	new	0.00 pp	new
IINIntriCon Corporation	0.00%	1,996	$45,000	new	0.00 pp	new
IPIIntrepid Potash, Inc	0.00%	3,679	$117,000	new	0.00 pp	new
ITIIteris, Inc.	0.00%	4,117	$27,000	new	0.00 pp	new
JAXJ. Alexander's Holdings, Inc.	0.00%	3,329	$39,000	new	0.00 pp	new
JELDJELD-WEN Holding, Inc.	0.00%	1,549	$41,000	new	0.00 pp	new
OPLNOPENLANE, Inc	0.00%	4,136	$73,000	new	0.00 pp	new
KLRKaleyra, Inc.	0.00%	5,130	$63,000	new	0.00 pp	new
TBHCThe Brand House Collective, Inc.	0.00%	2,653	$61,000	new	0.00 pp	new
KRAKraton Corporation	0.00%	2,400	$77,000	new	0.00 pp	new
KLICKulicke & Soffa Industries Inc	0.00%	874	$53,000	new	0.00 pp	new
LGIHLGI Homes, Inc.	0.00%	309	$50,000	new	0.00 pp	new
LXULsb Industries Inc	0.00%	4,606	$28,000	new	0.00 pp	new
LYTSLSI Industries Inc	0.00%	4,108	$33,000	new	0.00 pp	new
LAKELakeland Industries Inc	0.00%	1,600	$36,000	new	0.00 pp	new
LMBLimbach Holdings, Inc	0.00%	4,319	$40,000	new	0.00 pp	new
unresolvedLiqtech Intl Inc	0.00%	6,800	$50,000	new	0.00 pp	new
LTHMLivent Corporation	0.00%	3,318	$64,000	new	0.00 pp	new
LYGLloyds Banking Group PLC	0.00%	177,911	$454,000	added×17.5	0.00 pp	3 q
unresolvedLumber Liquidators Hldgs Inc	0.00%	3,110	$66,000	new	0.00 pp	new
MTGMGIC Investment Corp.	0.00%	3,663	$50,000	new	0.00 pp	new
MGPIMGP Ingredients Inc	0.00%	774	$52,000	new	0.00 pp	new
MACThe Macerich Company	0.00%	2,067	$38,000	new	0.00 pp	new
MNTXManitex International, Inc.	0.00%	3,094	$23,000	new	0.00 pp	new
MCHXMarchex, Inc. Class B	0.00%	5,565	$17,000	new	0.00 pp	new
MCSThe Marcus Corporation	0.00%	2,875	$61,000	new	0.00 pp	new
MTDRMatador Resources Company	0.00%	2,014	$73,000	new	0.00 pp	new
MTORMERITOR, Inc.	0.00%	2,859	$67,000	new	0.00 pp	new
unresolvedMesa Air Group Inc	0.00%	8,093	$76,000	new	0.00 pp	new
MGMistras Group Inc.	0.00%	3,018	$30,000	new	0.00 pp	new
MODModine Manufacturing Co	0.00%	3,605	$60,000	new	0.00 pp	new
MCMoelis & Company	0.00%	708	$40,000	new	0.00 pp	new
9M1NMoneygram International Inc	0.00%	4,700	$47,000	new	0.00 pp	new
NMIHNMI Holdings Inc.	0.00%	2,737	$62,000	new	0.00 pp	new
NNBRNN Inc	0.00%	7,114	$52,000	new	0.00 pp	new
NGVCNatural Grocers By Vitamin Cottage, Inc	0.00%	4,650	$50,000	new	0.00 pp	new
STIMNeuronetics, Inc.	0.00%	3,339	$53,000	new	0.00 pp	new
NWHMThe New Home Company Inc.	0.00%	2,609	$15,000	new	0.00 pp	new
NPKINPK International Inc.	0.00%	15,200	$53,000	new	0.00 pp	new
NDLSNoodles & Company Class A	0.00%	3,879	$48,000	new	0.00 pp	new
ORIOld Republic International Corporation	0.00%	755	$19,000	new	0.00 pp	new
OLNOlin Corp.	0.00%	1,300	$60,000	new	0.00 pp	new
ZEUSOlympic Steel, Inc.	0.00%	610	$18,000	new	0.00 pp	new
ONTOOnto Innovation Inc.	0.00%	1,049	$77,000	new	0.00 pp	new
OOMAOoma, Inc.	0.00%	430	$8,000	new	0.00 pp	new
OPCHOption Care Health, Inc.	0.00%	1,296	$28,000	new	0.00 pp	new
ORNOrion Group Holdings, Inc	0.00%	6,742	$39,000	new	0.00 pp	new
OFIXOrthofix Medical Inc. (DE)	0.00%	1,230	$49,000	new	0.00 pp	new
NXHNeighborhood Intelligence, Inc.	0.00%	935	$86,000	new	0.00 pp	new
PEWPctel Inc	0.00%	6,342	$42,000	new	0.00 pp	new
PGTIPGT, Inc.	0.00%	1,752	$41,000	new	0.00 pp	new
PKOHPark-Ohio Holdings Corp	0.00%	1,640	$53,000	new	0.00 pp	new
PBIPitney Bowes Inc.	0.00%	4,842	$42,000	new	0.00 pp	new
PTBPotbelly Corp	0.00%	4,800	$38,000	new	0.00 pp	new
PRIMPrimoris Services Corporation	0.00%	1,985	$58,000	new	0.00 pp	new
QRHCQuest Resource Holding Corporation	0.00%	2,408	$15,000	new	0.00 pp	new
QNSTQuinStreet, Inc.	0.00%	2,354	$44,000	new	0.00 pp	new
RDNRadian Group Inc.	0.00%	2,018	$45,000	new	0.00 pp	new
RLGTRadiant Logistics, Inc.	0.00%	6,128	$42,000	new	0.00 pp	new
HOUSAnywhere Real Estate Inc.	0.00%	1,440	$26,000	new	0.00 pp	new
RAHSocietal Cdmo Inc	0.00%	14,300	$33,000	new	0.00 pp	new
unresolvedReeds Inc	0.00%	30,000	$31,000	new	0.00 pp	new
RGSRegis Corporation	0.00%	5,906	$55,000	new	0.00 pp	new
RDS.ARoyal Dutch Shell PLC	0.00%	9,278	$375,000	added×24.2	0.00 pp	2 q
RUTHRuth's Hospitality Group, Inc.	0.00%	3,323	$77,000	new	0.00 pp	new
SNYSanofi	0.00%	12,823	$675,000	added×17.5	0.00 pp	3 q
SBCFSeacoast Banking Corp of Florida	0.00%	1,171	$40,000	new	0.00 pp	new
07SSecureworks Corp - A	0.00%	2,108	$39,000	new	0.00 pp	new
2677370DSelect Interior Concepts-a	0.00%	6,085	$57,000	new	0.00 pp	new
SEMSelect Medical Holdings Corp	0.00%	630	$27,000	new	0.00 pp	new
SIENSientra, Inc.	0.00%	8,931	$71,000	new	0.00 pp	new
SIX1Six Flags Entertainment Corp.	0.00%	1,542	$67,000	new	0.00 pp	new
SKYChampion Homes, Inc.	0.00%	561	$30,000	new	0.00 pp	new
SAHSonic Automotive, Inc.	0.00%	1,287	$58,000	new	0.00 pp	new
GJBSteelcase Inc-cl A	0.00%	3,284	$50,000	new	0.00 pp	new
STCStewart Information Services Corporation	0.00%	322	$18,000	new	0.00 pp	new
SRIStoneridge, Inc	0.00%	750	$22,000	new	0.00 pp	new
SSUPSuperior Industries Intl	0.00%	8,232	$71,000	new	0.00 pp	new
RTIXRTI Surgical Holdings, Inc.	0.00%	17,564	$24,000	new	0.00 pp	new
TPHTri Pointe Homes, Inc.	0.00%	2,376	$51,000	new	0.00 pp	new
SKTTanger Inc.	0.00%	3,512	$66,000	new	0.00 pp	new
TPRTapestry, Inc.	0.00%	652	$28,000	new	0.00 pp	new
TMHCTaylor Morrison Home Corporation	0.00%	2,092	$55,000	new	0.00 pp	new
TCBITexas Capital Bancshares, Inc.	0.00%	1,100	$70,000	new	0.00 pp	new
MTUSMetallus Inc.	0.00%	2,969	$42,000	new	0.00 pp	new
TOLToll Brothers, Inc.	0.00%	1,096	$63,000	new	0.00 pp	new
unresolvedTrecora Resources	0.00%	6,082	$51,000	new	0.00 pp	new
TRNTrinity Industries, Inc.	0.00%	1,629	$44,000	new	0.00 pp	new
TSCTriState Capital Holdings, Inc.	0.00%	2,392	$49,000	new	0.00 pp	new
TG7Triumph Group Inc	0.00%	4,051	$84,000	new	0.00 pp	new
TBITrueblue, Inc.	0.00%	216	$6,000	new	0.00 pp	new
unresolvedIi-Vi Inc	0.00%	1,267	$92,000	new	0.00 pp	new
7S3US Xpress Enterprises Inc -a	0.00%	4,825	$41,000	new	0.00 pp	new
SLCAU.s. Silica Holdings, Inc.	0.00%	5,431	$63,000	new	0.00 pp	new
UCTTUltra Clean Holdings, Inc.	0.00%	914	$49,000	new	0.00 pp	new
unresolvedUnilever Spn.Adr 1:1	0.00%	15,816	$925,000	added×19.4	0.00 pp	3 q
UFABQUnique Fabricating Inc	0.00%	2,823	$10,000	new	0.00 pp	new
UFCSUnited Fire Group Inc.	0.00%	2,211	$61,000	new	0.00 pp	new
UNVRUnivar Solutions Inc.	0.00%	2,549	$62,000	new	0.00 pp	new
VIAOYVia Optroncs Hldg S/	0.00%	4,100	$46,000	new	0.00 pp	new
VSECVSE Corp	0.00%	600	$30,000	new	0.00 pp	new
VECOVeeco Instruments Inc	0.00%	1,512	$36,000	new	0.00 pp	new
VSHVishay Intertechnology, Inc.	0.00%	2,414	$54,000	new	0.00 pp	new
WNCWabash National Corp.	0.00%	4,593	$73,000	new	0.00 pp	new
WCCWesco International Inc.	0.00%	549	$56,000	new	0.00 pp	new
ZVOIZovio Inc	0.00%	11,977	$31,000	new	0.00 pp	new
FNFabrinet	0.00%	448	$43,000	new	0.00 pp	new
GSMFerroglobe PLC	0.00%	8,327	$51,000	new	0.00 pp	new
ICHRIchor Holdings	0.00%	1,416	$76,000	new	0.00 pp	new
LXFRLuxfer Holdings PLC	0.00%	1,489	$33,000	new	0.00 pp	new
AOSLAlpha and Omega Semiconductor Limited	0.00%	2,924	$89,000	new	0.00 pp	new
OCDXOrtho Clinical Diagnostics H	0.00%	2,457	$53,000	new	0.00 pp	new
TROXTronox Limited Cl A	0.00%	994	$22,000	new	0.00 pp	new
ASCArdmore Shipping Corporation	0.00%	7,897	$33,000	new	0.00 pp	new
DSXDiana Shipping, Inc.	0.00%	10,166	$53,000	new	0.00 pp	new
LPGDorian Lpg Ltd	0.00%	3,918	$55,000	new	0.00 pp	new
NVGSNavigator Holdings Ltd.	0.00%	3,780	$41,000	new	0.00 pp	new
SHWThe Sherwin-Williams Company	—	−47,565	—	exited	−0.03 pp	—
CMLSQCumulus Media Inc A	—	−14,221	—	exited	0.00 pp	—