First Eagle

Q1 2024 13F · by Kimball Brooker, portfolio manager

As of: Mar 31, 2024
Filed: May 9, 2024
US stock: $44.0B · prev $41.8B
Positions: 403 · prev 410
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%

Moves414 since the prior filing

+2.6 pp in · −2.6 pp out

New 24 +0.35 pp
Added 255 +2.24 pp
Trimmed 103 −2.37 pp
Exited 31 −0.26 pp

Options: 1 move on a notional base, in the table below.

The book

Diversified · behaves like 49 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 10% a year, about 9.9 years per position

Low
Moderate
High

Top 5 positions18% of US stock

ORCL Oracle Corp trimmed−0.62 pp trimmed−0.624.0%
META Meta Platforms, Inc. Class A trimmed−0.83 pp trimmed−0.833.9%
IMO Imperial Oil Limited trimmed+0.45 pp trimmed+0.453.5%
XOM Exxon Mobil Corp added+0.34 pp added+0.343.5%
HCA HCA Healthcare, Inc. added+0.50 pp added+0.503.4%

Positions403 in this filing · 31 exited


ORCLOracle Corp	4.05%	14,197,189	$1.8B	trimmed−23%	−0.62 pp	44 q
METAMeta Platforms, Inc. Class A	3.92%	3,554,783	$1.7B	trimmed−37%	−0.83 pp	24 q
IMOImperial Oil Limited	3.51%	22,383,591	$1.5B	trimmed−1%	+0.45 pp	35 q
XOMExxon Mobil Corp	3.49%	13,203,799	$1.5B	added0%	+0.34 pp	44 q
HCAHCA Healthcare, Inc.	3.41%	4,502,539	$1.5B	added0%	+0.50 pp	24 q
WTWWillis Towers Watson Public Limited Company	3.41%	5,452,391	$1.5B	trimmed−2%	+0.20 pp	33 q
SLBSLB Limited	3.35%	26,907,983	$1.5B	added0%	+0.01 pp	44 q
CMCSAComcast Corp	3.15%	31,996,318	$1.4B	added0%	−0.20 pp	44 q
FMXFomento Economico Mexicano, S.a.b. De C.v.	2.87%	9,696,967	$1.3B	trimmed−3%	−0.24 pp	17 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	2.80%	9,059,112	$1.2B	trimmed−0%	+0.55 pp	23 q
GOOGAlphabet Inc. Class C	2.33%	6,729,539	$1.0B	added0%	+0.07 pp	40 q
WPMWheaton Precious Metals Corp.	2.29%	21,403,409	$1.0B	added+1%	−0.20 pp	28 q
ABXBarrick Mining Corporation	2.22%	58,820,050	$979M	added+32%	+0.29 pp	44 q
CLColgate-Palmolive Company	2.16%	10,556,936	$951M	trimmed−4%	+0.07 pp	44 q
ELVElevance Health, Inc.	2.10%	1,782,575	$924M	added0%	+0.10 pp	38 q
BNYBank of New York Mellon Corporation	2.10%	16,011,021	$923M	trimmed−1%	+0.08 pp	44 q
PMPhilip Morris International Inc.	2.06%	9,918,987	$909M	added+10%	+0.03 pp	24 q
CHRWC.H. Robinson Worldwide, Inc.	1.99%	11,486,055	$875M	added+21%	+0.03 pp	29 q
UHSUniversal Health Services, Inc. Class B	1.92%	4,636,880	$846M	added0%	+0.23 pp	24 q
MDTMedtronic plc	1.86%	9,415,156	$821M	added0%	+0.01 pp	15 q
ABEVAmbev S.a.	1.76%	312,705,437	$776M	trimmed−0%	−0.33 pp	17 q
ADIAnalog Devices, Inc.	1.73%	3,847,087	$761M	added0%	−0.09 pp	37 q
TXNTexas Instruments Incorporated	1.69%	4,277,777	$745M	added0%	−0.05 pp	35 q
GLDSPDR Gold Trust, SPDR Gold Shares	1.66%	3,549,722	$730M	added+2%	+0.07 pp	44 q
NOVNOV Inc.	1.63%	36,708,570	$717M	added0%	−0.15 pp	44 q
NEMNewmont Corporation	1.42%	17,489,441	$627M	trimmed−26%	−0.93 pp	44 q
AXPAmerican Express Company	1.35%	2,604,950	$593M	added0%	+0.19 pp	44 q
CMICummins Inc.	1.34%	1,998,677	$589M	added0%	+0.20 pp	34 q
VMRKVivmark Residential	1.34%	9,338,926	$589M	added0%	−0.02 pp	17 q
BRK.ABerkshire Hathaway Inc.	1.33%	923	$586M	added0%	+0.13 pp	44 q
CRMSalesforce, Inc.	1.32%	1,932,172	$582M	trimmed−0%	+0.10 pp	16 q
BDXBecton, Dickinson and Co.	1.19%	2,114,959	$523M	added+8%	+0.05 pp	14 q
NTRNutrien Ltd.	1.18%	9,571,272	$520M	added+1%	−0.10 pp	25 q
WYWeyerhaeuser Company	1.16%	14,222,605	$511M	trimmed−0%	−0.03 pp	44 q
GOOGLAlphabet Inc. Class A	1.15%	3,366,510	$508M	trimmed−1%	+0.02 pp	34 q
DISThe Walt Disney Company	1.13%	4,053,071	$496M	added+1%	+0.26 pp	3 q
FLSFlowserve Corporation	1.11%	10,735,963	$490M	added0%	+0.05 pp	37 q
RGLDRoyal Gold Inc	0.99%	3,564,459	$434M	trimmed−3%	−0.07 pp	44 q
AEMAgnico Eagle Mines Ltd.	0.93%	6,891,385	$411M	added+11%	+0.11 pp	44 q
USBU.S. Bancorp	0.91%	8,921,691	$399M	added0%	−0.01 pp	44 q
IPGPIPG Photonics Corporation	0.88%	4,263,916	$387M	added0%	−0.22 pp	23 q
FNVFranco-Nevada Corporation	0.87%	3,212,989	$383M	added+2%	+0.04 pp	44 q
XRAYDENTSPLY SIRONA Inc.	0.74%	9,785,935	$325M	trimmed−0%	−0.09 pp	24 q
EXPDExpeditors International of Washington, Inc.	0.74%	2,695,027	$328M	added0%	−0.08 pp	17 q
FNFFidelity National Financial, Inc.	0.74%	6,095,781	$324M	trimmed−0%	−0.01 pp	6 q
WMTWalmart Inc.	0.72%	5,282,974	$318M	trimmed−9%	−0.01 pp	8 q
MSFTMicrosoft Corp	0.63%	660,956	$278M	trimmed−0%	+0.04 pp	44 q
OKEOneok, Inc.	0.63%	3,465,068	$278M	added+12%	+0.11 pp	3 q
BROBrown & Brown, Inc.	0.62%	3,109,220	$272M	trimmed−24%	−0.08 pp	40 q
ROSTRoss Stores Inc	0.61%	1,817,554	$267M	added0%	+0.01 pp	15 q
SCHWThe Charles Schwab Corporation	0.59%	3,579,105	$259M	added0%	0.00 pp	19 q
BXPBXP, Inc.	0.55%	3,725,869	$243M	trimmed−0%	−0.08 pp	16 q
EXRExtra Space Storage, Inc.	0.55%	1,647,236	$242M	added0%	−0.08 pp	5 q
KHCThe Kraft Heinz Company	0.54%	6,397,882	$236M	trimmed−0%	−0.03 pp	19 q
DEDeere & Company	0.49%	528,974	$217M	trimmed−0%	−0.02 pp	39 q
DEIDouglas Emmett, Inc.	0.43%	13,768,982	$191M	trimmed−0%	−0.05 pp	16 q
CCUCompania Cervecerias Unidas S.A.	0.42%	15,556,915	$187M	trimmed−0%	−0.05 pp	40 q
PPGPPG Industries, Inc.	0.38%	1,156,550	$168M	added0%	−0.03 pp	17 q
RPMRPM International, Inc.	0.32%	1,175,075	$140M	trimmed−1%	0.00 pp	10 q
AGIAlamos Gold Inc. Class A	0.29%	8,712,916	$129M	trimmed−2%	0.00 pp	30 q
NENoble Corporation plc	0.29%	2,608,869	$127M	trimmed0%	−0.01 pp	3 q
UGIUGI Corporation	0.26%	4,604,757	$113M	trimmed−31%	−0.13 pp	35 q
AUAngloGold Ashanti plc	0.22%	4,431,721	$98M	trimmed−26%	−0.05 pp	6 q
GFIGold Fields Ltd	0.19%	5,369,818	$85M	new	+0.19 pp	new
BTGB2Gold Corp.	0.16%	27,216,340	$71M	added×2.4	+0.08 pp	36 q
MQ8Mag Silver Corp	0.15%	6,296,898	$66M	trimmed−1%	−0.01 pp	37 q
NGNovaGold Resources Inc.	0.13%	18,442,963	$55M	trimmed−1%	−0.04 pp	33 q
EPDEnterprise Products Partners L.P.	0.11%	1,702,224	$50M	trimmed−22%	−0.03 pp	17 q
BAC.PRLBank Of America Corp	0.07%	26,261	$31M	trimmed−5%	−0.01 pp	10 q
KOFCoca-Cola FEMSA, S.A.B DE C.V	0.07%	298,229	$29M	trimmed−12%	−0.01 pp	13 q
ORLAOrla Mining Ltd	0.07%	8,098,842	$31M	trimmed−1%	+0.01 pp	14 q
SHELShell plc	0.06%	373,483	$25M	added+18%	+0.01 pp	9 q
BILState Street SPDR Bloomberg 1-3 Month T-Bill ETF	0.06%	294,077	$27M	trimmed−6%	−0.01 pp	4 q
WFC.PRLWells Fargo & Company	0.06%	22,691	$28M	trimmed−3%	−0.01 pp	10 q
BTIBritish American Tobacco p.l.c.	0.05%	722,462	$22M	added+42%	+0.01 pp	14 q
HDHome Depot, Inc.	0.05%	55,930	$21M	trimmed−0%	0.00 pp	15 q
KGCKinross Gold Corporation	0.05%	3,900,000	$24M	new	+0.05 pp	new
unresolvedUnilever Spn.Adr 1:1	0.05%	475,174	$24M	added+12%	0.00 pp	14 q
AL1Sumisho Air Lease Corp	0.04%	360,187	$19M	added0%	0.00 pp	12 q
CHEFThe Chef's Warehouse Inc	0.04%	460,826	$17M	trimmed−8%	0.00 pp	12 q
ENOVEnovis Corporation	0.04%	251,296	$16M	added+2%	+0.01 pp	4 q
KALUKaiser Aluminum Corporation	0.04%	174,810	$16M	added+14%	+0.01 pp	4 q
KMPRKemper Corporation	0.04%	262,770	$16M	added+8%	+0.01 pp	4 q
MTGMGIC Investment Corp.	0.04%	689,756	$15M	added+15%	+0.01 pp	3 q
MKSIMKS Inc.	0.04%	131,187	$17M	trimmed−9%	0.00 pp	9 q
MTDRMatador Resources Company	0.04%	249,885	$17M	added+17%	+0.01 pp	12 q
THCTenet Healthcare Corporation New	0.04%	150,605	$16M	trimmed−12%	+0.01 pp	9 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.04%	38,680	$19M	trimmed−0%	−0.01 pp	15 q
FTAIFTAI Aviation Ltd.	0.04%	255,489	$17M	trimmed−4%	+0.01 pp	10 q
0VQJLTe Connectivity Ltd	0.04%	130,412	$19M	trimmed−0%	0.00 pp	15 q
AIRAAR Corp.	0.03%	197,805	$12M	added+4%	0.00 pp	12 q
ASIXAdvanSix Inc.	0.03%	459,607	$13M	added+13%	0.00 pp	12 q
AEISAdvanced Energy Industries Inc	0.03%	112,833	$12M	added+13%	0.00 pp	12 q
ABCBAmeris Bancorp	0.03%	244,583	$12M	added+13%	0.00 pp	9 q
AMKRAmkor Technology Inc	0.03%	466,499	$15M	added+12%	0.00 pp	12 q
BBarnes Group Inc	0.03%	391,201	$15M	trimmed−6%	0.00 pp	6 q
BZHBeazer Homes USA, Inc. New	0.03%	359,686	$12M	added+53%	+0.01 pp	11 q
BKHBlack Hills Corporation	0.03%	277,640	$15M	added+36%	0.00 pp	4 q
CECOCeco Environmental Corp	0.03%	592,864	$14M	added+23%	+0.01 pp	3 q
CENXCentury Aluminum Co	0.03%	833,314	$13M	trimmed−4%	0.00 pp	11 q
CAKECheesecake Factory (The)	0.03%	400,099	$14M	added+5%	0.00 pp	11 q
CMCCommercial Metals Company	0.03%	192,629	$11M	added+25%	+0.01 pp	12 q
AORTArtivion, Inc.	0.03%	570,242	$12M	added+8%	+0.01 pp	10 q
CWCurtiss-Wright Corp.	0.03%	45,757	$12M	added+2%	+0.01 pp	11 q
DINDine Brands Global, Inc.	0.03%	260,032	$12M	added+10%	0.00 pp	4 q
DCODucommun Incorporated	0.03%	219,479	$11M	added+8%	0.00 pp	12 q
NPOEnpro Inc.	0.03%	65,493	$11M	added+8%	+0.01 pp	12 q
EVREvercore Inc.	0.03%	64,081	$12M	added+1%	0.00 pp	5 q
FAFFirst American Financial Corporation	0.03%	187,285	$11M	added+7%	0.00 pp	4 q
GXOGXO Logistics, Inc.	0.03%	232,584	$13M	added+49%	+0.01 pp	9 q
GTGoodyear Tire & Rubber	0.03%	994,008	$14M	added+3%	0.00 pp	9 q
1HEESH&E Equipment Services Inc	0.03%	214,532	$14M	trimmed−5%	0.00 pp	7 q
HLNHaleon plc	0.03%	1,361,021	$12M	added+31%	+0.01 pp	7 q
HSTMHealthStream Inc	0.03%	494,828	$13M	added+21%	0.00 pp	8 q
HRIHerc Holdings Inc.	0.03%	74,609	$13M	trimmed−20%	0.00 pp	12 q
HUNHuntsman Corporation	0.03%	572,955	$15M	added+16%	0.00 pp	12 q
IDAIDACORP, Inc.	0.03%	129,880	$12M	added+18%	0.00 pp	10 q
INGRIngredion Incorporated	0.03%	104,033	$12M	added+8%	+0.01 pp	9 q
IBPInstalled Building Products, Inc.	0.03%	47,248	$12M	added+31%	+0.01 pp	4 q
JBIJanus International Group, Inc.	0.03%	739,066	$11M	added+19%	+0.01 pp	4 q
LNCLincoln National Corp.	0.03%	387,800	$12M	added+33%	+0.01 pp	2 q
LPXLouisiana-Pacific Corp.	0.03%	178,631	$15M	trimmed−11%	0.00 pp	6 q
NMIHNMI Holdings Inc.	0.03%	403,019	$13M	added+18%	+0.01 pp	12 q
ORIOld Republic International Corporation	0.03%	419,685	$13M	added+10%	0.00 pp	12 q
PBFPbf Energy Inc.	0.03%	228,517	$13M	added+85%	+0.02 pp	10 q
PEPPepsiCo, Inc.	0.03%	63,838	$11M	trimmed−0%	0.00 pp	15 q
PRPermian Resources Corporation	0.03%	745,081	$13M	added+18%	+0.01 pp	6 q
RDNRadian Group Inc.	0.03%	443,473	$15M	added+17%	0.00 pp	12 q
SANMSanmina Corp	0.03%	186,542	$12M	trimmed−23%	0.00 pp	4 q
SNYSanofi	0.03%	281,907	$14M	added+11%	0.00 pp	14 q
SBCFSeacoast Banking Corp of Florida	0.03%	523,951	$13M	added+20%	0.00 pp	12 q
SEESealed Air Corp New	0.03%	380,412	$14M	added+14%	0.00 pp	4 q
SHOEShoe Station Group, Inc.	0.03%	393,744	$14M	trimmed−4%	0.00 pp	5 q
SPBSpectrum Brands Holdings, Inc.	0.03%	126,100	$11M	added×2.5	+0.02 pp	2 q
SRCLStericycle Inc	0.03%	242,975	$13M	added+5%	0.00 pp	4 q
STCStewart Information Services Corporation	0.03%	234,859	$15M	trimmed−10%	−0.01 pp	12 q
TRNTrinity Industries, Inc.	0.03%	474,580	$13M	added+5%	0.00 pp	12 q
UCTTUltra Clean Holdings, Inc.	0.03%	329,943	$15M	trimmed−21%	0.00 pp	12 q
WERNWerner Enterprises Inc	0.03%	327,948	$13M	added+35%	+0.01 pp	2 q
WSRWhitestone REIT	0.03%	1,068,522	$13M	added+10%	0.00 pp	10 q
ICHRIchor Holdings	0.03%	354,098	$14M	trimmed−17%	0.00 pp	12 q
TROXTronox Limited Cl A	0.03%	718,840	$12M	added+8%	+0.01 pp	4 q
ASOAcademy Sports and Outdoors, Inc.	0.02%	103,200	$7M	added+68%	+0.01 pp	2 q
ACHCAcadia Healthcare Company, Inc.	0.02%	130,370	$10M	added+4%	0.00 pp	12 q
AHCOAdaptHealth Corp.	0.02%	594,951	$7M	added+18%	+0.01 pp	8 q
ATSGAir Transport Services Group, Inc.	0.02%	487,930	$7M	added+82%	+0.01 pp	2 q
ALGTAllegiant Travel Company	0.02%	103,513	$8M	added+58%	+0.01 pp	12 q
ACAArcosa, Inc.	0.02%	126,052	$11M	added+19%	0.00 pp	12 q
AHRTAH Realty Trust, Inc.	0.02%	970,931	$10M	added+9%	−0.01 pp	12 q
ASHAshland Inc.	0.02%	89,600	$9M	added+40%	+0.01 pp	2 q
ASTEAstec Industries Inc	0.02%	236,251	$10M	added+6%	0.00 pp	8 q
ATROAstronics Corp	0.02%	360,876	$7M	added+4%	+0.01 pp	12 q
AVNWAviat Networks, Inc.	0.02%	193,209	$7M	trimmed−1%	0.00 pp	9 q
AVTAvnet, Inc.	0.02%	210,113	$10M	added+10%	0.00 pp	12 q
AXAxos Financial, Inc.	0.02%	187,572	$10M	added+7%	0.00 pp	12 q
AZEKThe AZEK Company Inc.	0.02%	141,325	$7M	trimmed−1%	+0.01 pp	8 q
BLZEBackblaze, Inc. Class A	0.02%	726,990	$7M	added+10%	+0.01 pp	3 q
BDCBelden Inc.	0.02%	99,291	$9M	added+8%	0.00 pp	7 q
BHEBenchmark Electronics	0.02%	300,729	$9M	added+3%	0.00 pp	4 q
BJRIBJ's Restaurants, Inc.	0.02%	196,737	$7M	trimmed−1%	0.00 pp	11 q
BKDBrookdale Senior Living, Inc.	0.02%	1,055,618	$7M	added+4%	+0.01 pp	10 q
CDNACareDx, Inc.	0.02%	1,005,107	$11M	trimmed−11%	−0.01 pp	9 q
CRSCarpenter Technology Corp	0.02%	149,354	$11M	added+13%	0.00 pp	12 q
CARSCars.com Inc.	0.02%	425,643	$7M	added+94%	+0.01 pp	12 q
CCSCentury Communities, Inc.	0.02%	93,678	$9M	added+46%	+0.01 pp	12 q
CHUYChuy's Holdings, Inc.	0.02%	317,179	$11M	added+13%	−0.01 pp	11 q
CDECoeur Mining, Inc.	0.02%	2,360,221	$9M	added+10%	0.00 pp	5 q
COHRCoherent Corp.	0.02%	160,386	$10M	trimmed−15%	0.00 pp	7 q
COHUCohu Inc	0.02%	221,051	$7M	added+3%	0.00 pp	12 q
CMCOColumbus McKinnon Corp/NY	0.02%	184,281	$8M	added+12%	0.00 pp	10 q
DSKEDaseke, Inc.	0.02%	931,226	$8M	held	—	12 q
DENNDenny's Corp	0.02%	1,103,727	$10M	added+15%	0.00 pp	8 q
DGIIDigi International Inc	0.02%	302,409	$10M	added+7%	0.00 pp	12 q
DCOMDime Commercial Bancshares, Inc.	0.02%	364,754	$7M	added+21%	0.00 pp	3 q
EVEREverQuote, Inc. Class A	0.02%	532,138	$10M	added+4%	0.00 pp	6 q
FORMFormFactor Inc.	0.02%	153,297	$7M	added+10%	+0.01 pp	12 q
FTREFortrea Holdings Inc.	0.02%	268,882	$11M	added×2.7	+0.01 pp	2 q
GNRCGenerac Holdings Inc	0.02%	62,679	$8M	trimmed−4%	0.00 pp	8 q
ROCKGibraltar Industries, Inc.	0.02%	94,415	$8M	added+4%	0.00 pp	12 q
GHMGraham Corporation	0.02%	292,729	$8M	added+6%	+0.01 pp	5 q
HAYNHaynes International, Inc.	0.02%	165,353	$10M	trimmed−12%	−0.01 pp	12 q
HTLDHeartland Express Inc	0.02%	666,675	$8M	added+15%	0.00 pp	10 q
DOCHealthpeak Properties, Inc.	0.02%	421,692	$8M	new	+0.02 pp	new
HXLHexcel Corporation	0.02%	115,846	$8M	trimmed−4%	0.00 pp	12 q
IIINInsteel Industries, Inc.	0.02%	279,015	$11M	added+12%	0.00 pp	5 q
IMXIInternational Money Express, Inc.	0.02%	324,809	$7M	added+27%	+0.01 pp	3 q
IPIIntrepid Potash, Inc	0.02%	481,670	$10M	added+19%	0.00 pp	5 q
IRWDIronwood Pharmaceuticals, Inc. - Class A	0.02%	1,002,225	$9M	added+10%	0.00 pp	7 q
ITUBItau Unibanco Holding S.A.	0.02%	1,398,982	$10M	added+8%	0.00 pp	11 q
JELDJELD-WEN Holding, Inc.	0.02%	336,684	$7M	added+34%	+0.01 pp	3 q
JBTMJBT Marel Corporation	0.02%	68,219	$7M	added+1%	0.00 pp	5 q
KLICKulicke & Soffa Industries Inc	0.02%	205,299	$10M	added+8%	0.00 pp	12 q
LGIHLGI Homes, Inc.	0.02%	86,415	$10M	added+27%	0.00 pp	12 q
LXULsb Industries Inc	0.02%	1,090,895	$10M	added+9%	0.00 pp	12 q
LPINVital Energy Inc	0.02%	207,705	$11M	added+29%	0.00 pp	2 q
DRSLeonardo DRS, Inc.	0.02%	367,485	$8M	added+19%	+0.01 pp	5 q
LADLithia Motors, Inc.	0.02%	30,890	$9M	added+53%	0.00 pp	10 q
LYGLloyds Banking Group PLC	0.02%	4,060,740	$11M	added+9%	0.00 pp	14 q
SHOOSteven Madden Ltd	0.02%	178,726	$8M	trimmed−22%	0.00 pp	8 q
NCMINational CineMedia, Inc.	0.02%	1,966,355	$10M	added+38%	+0.01 pp	2 q
OISOil States International, Inc.	0.02%	1,312,796	$8M	added+54%	+0.01 pp	10 q
ONBOld National Bancorp	0.02%	446,698	$8M	added+28%	+0.01 pp	7 q
ONTOOnto Innovation Inc.	0.02%	44,608	$8M	added+8%	0.00 pp	8 q
unresolvedOutfront Media Inc	0.02%	479,191	$8M	added×3.2	+0.01 pp	2 q
ACHAccendra Health, Inc.	0.02%	286,334	$8M	added+19%	+0.01 pp	3 q
PNTGThe Pennant Group, Inc.	0.02%	383,748	$8M	trimmed−3%	+0.01 pp	9 q
PTBPotbelly Corp	0.02%	859,128	$10M	added+5%	0.00 pp	12 q
NXQuanex Building Products Corporation	0.02%	256,135	$10M	added+3%	0.00 pp	10 q
QNSTQuinStreet, Inc.	0.02%	549,223	$10M	added+20%	+0.01 pp	12 q
RRGBRed Robin Gourmet Burgers Inc	0.02%	986,837	$8M	added+11%	−0.01 pp	5 q
SMSM Energy Company	0.02%	147,703	$7M	added+52%	+0.01 pp	10 q
MATVMativ Holdings, Inc.	0.02%	408,604	$8M	added+29%	+0.01 pp	3 q
SEMSelect Medical Holdings Corp	0.02%	275,559	$8M	added+15%	+0.01 pp	12 q
SKYChampion Homes, Inc.	0.02%	85,355	$7M	added+51%	+0.01 pp	12 q
SONOSonos, Inc.	0.02%	354,935	$7M	trimmed−1%	+0.01 pp	9 q
SGRYSurgery Partners, Inc.	0.02%	339,474	$10M	added+17%	0.00 pp	11 q
TTMITTM Technologies Inc	0.02%	632,341	$10M	added+15%	0.00 pp	10 q
TMHCTaylor Morrison Home Corporation	0.02%	108,401	$7M	new	+0.02 pp	new
TRPTC Energy Corporation	0.02%	235,760	$9M	held	—	5 q
TG7Triumph Group Inc	0.02%	628,212	$9M	added0%	0.00 pp	12 q
UTZUtz Brands, Inc.	0.02%	436,846	$8M	trimmed−4%	0.00 pp	10 q
VSECVSE Corp	0.02%	122,622	$10M	trimmed−3%	0.00 pp	12 q
VECOVeeco Instruments Inc	0.02%	292,848	$10M	added+11%	0.00 pp	12 q
VVXV2X, Inc.	0.02%	179,766	$8M	trimmed−11%	0.00 pp	6 q
VIAVViavi Solutions Inc.	0.02%	750,937	$7M	added+17%	0.00 pp	3 q
WMBWilliams Companies Inc.	0.02%	227,316	$9M	trimmed−0%	0.00 pp	10 q
ZETAZeta Global Holdings Corp.	0.02%	947,397	$10M	added+27%	0.00 pp	7 q
ZUMZZumiez Inc.	0.02%	470,743	$7M	added+12%	0.00 pp	10 q
GSMFerroglobe PLC	0.02%	1,620,155	$8M	added+9%	0.00 pp	12 q
HELEHelen Of Troy Ltd	0.02%	83,219	$10M	added+5%	0.00 pp	3 q
AOSLAlpha and Omega Semiconductor Limited	0.02%	446,542	$10M	added+19%	0.00 pp	12 q
unresolvedSmart Global Holdings Inc	0.02%	411,044	$11M	added+36%	+0.01 pp	6 q
LPGDorian Lpg Ltd	0.02%	266,875	$10M	added+23%	0.00 pp	12 q
NVGSNavigator Holdings Ltd.	0.02%	539,538	$8M	added+7%	0.00 pp	12 q
POWWOutdoor Holding Company	0.01%	826,868	$2M	new	+0.01 pp	new
ARAYAccuray Incorporated	0.01%	969,508	$2M	added+1%	0.00 pp	6 q
ADTNADTRAN Holdings, Inc.	0.01%	406,307	$2M	trimmed−68%	−0.01 pp	7 q
ADUSAddus HomeCare Corp.	0.01%	51,729	$5M	added+5%	0.00 pp	11 q
AIRGAirgain, Inc.	0.01%	426,634	$2M	added+8%	+0.01 pp	7 q
AVDAmerican Vanguard Corporation	0.01%	310,598	$4M	added×8.9	+0.01 pp	2 q
ASYSAmtech Systems Inc	0.01%	598,045	$3M	added+3%	0.00 pp	12 q
BLMNBloomin' Brands, Inc.	0.01%	166,419	$5M	added+2%	0.00 pp	8 q
VTOLBristow Group Inc.	0.01%	84,144	$2M	added+73%	+0.01 pp	3 q
CVCOCavco Industries Inc.	0.01%	12,328	$5M	added+29%	0.00 pp	12 q
CHGGChegg, Inc.	0.01%	412,063	$3M	added+41%	0.00 pp	2 q
CLARClarus Corporation	0.01%	528,730	$4M	added+35%	0.00 pp	6 q
CYHCommunity Health Systems, Inc.	0.01%	1,657,121	$6M	added+5%	0.00 pp	11 q
CBRLCracker Barrel Old Country Store, Inc,.	0.01%	87,343	$6M	trimmed−31%	−0.01 pp	9 q
DEODiageo plc	0.01%	27,547	$4M	added+6%	0.00 pp	2 q
DRVNDriven Brands Holdings Inc.	0.01%	213,240	$3M	new	+0.01 pp	new
NAPAThe Duckhorn Portfolio, Inc.	0.01%	358,972	$3M	added×3.3	+0.01 pp	2 q
EMBCEmbecta Corp.	0.01%	416,194	$6M	trimmed−28%	−0.02 pp	3 q
WIREEncore Wire Corp	0.01%	17,130	$5M	added×5.1	+0.01 pp	2 q
ENSEnerSys, Inc.	0.01%	58,024	$5M	added+2%	0.00 pp	10 q
ETDEthan Allen Interiors Inc	0.01%	68,092	$2M	new	+0.01 pp	new
EVBGEverbridge, Inc.	0.01%	158,233	$6M	trimmed−16%	0.00 pp	9 q
FISFidelity National Information Services, Inc.	0.01%	51,600	$4M	held	—	9 q
HAINHain Celestial Group Inc	0.01%	651,854	$5M	trimmed−6%	−0.01 pp	7 q
HLHecla Mining Company	0.01%	1,284,677	$6M	added+17%	0.00 pp	10 q
HOSHornbeck Offshore Services, Inc.	0.01%	325,758	$4M	added+14%	0.00 pp	9 q
HPHelmerich & Payne, Inc.	0.01%	102,693	$4M	added+25%	0.00 pp	12 q
INFUInfuSystem Holdings, Inc.	0.01%	605,235	$5M	added+13%	0.00 pp	6 q
INTTinTEST Corporation	0.01%	478,264	$6M	added+7%	0.00 pp	11 q
BKLNInvesco Senior Loan ETF	0.01%	236,867	$5M	new	+0.01 pp	new
ITIIteris, Inc.	0.01%	497,092	$2M	added+4%	0.00 pp	12 q
KEKimball Electronics, Inc.	0.01%	189,524	$4M	trimmed−24%	−0.01 pp	4 q
KTOSKratos Defense & Security Solutions, Inc.	0.01%	356,163	$7M	added×2.2	0.00 pp	2 q
LYTSLSI Industries Inc	0.01%	396,098	$6M	added+40%	0.00 pp	12 q
LBRTLiberty Energy Inc.	0.01%	111,567	$2M	added+17%	+0.01 pp	9 q
LINCLincoln Educational Services	0.01%	613,097	$6M	added+14%	0.00 pp	11 q
MDCM.D.C. Holdings, Inc.	0.01%	84,747	$5M	trimmed−15%	0.00 pp	6 q
MACThe Macerich Company	0.01%	291,161	$5M	added+38%	0.00 pp	12 q
MTXMinerals Technologies Inc	0.01%	75,431	$6M	added+17%	0.00 pp	3 q
MODModine Manufacturing Co	0.01%	55,833	$5M	trimmed−57%	−0.01 pp	12 q
MCMoelis & Company	0.01%	105,651	$6M	added+9%	0.00 pp	5 q
MNROMonro, Inc.	0.01%	142,500	$4M	new	+0.01 pp	new
EYENational Vision Holdings, Inc.	0.01%	207,352	$5M	new	+0.01 pp	new
NTGRNETGEAR, Inc.	0.01%	163,412	$3M	added+39%	+0.01 pp	2 q
NTCTNetscout Systems Inc	0.01%	226,505	$5M	added+27%	0.00 pp	3 q
STIMNeuronetics, Inc.	0.01%	779,009	$4M	added0%	0.00 pp	12 q
DNOWDNOW Inc.	0.01%	258,029	$4M	added0%	0.00 pp	9 q
OPCHOption Care Health, Inc.	0.01%	161,287	$5M	added+8%	0.00 pp	12 q
ORNOrion Group Holdings, Inc	0.01%	298,149	$2M	trimmed−33%	0.00 pp	12 q
PKOHPark-Ohio Holdings Corp	0.01%	111,529	$3M	added+5%	0.00 pp	12 q
PDCOPatterson Companies, Inc.	0.01%	218,663	$6M	added+2%	0.00 pp	8 q
PWPPerella Weinberg Partners Class A	0.01%	283,178	$4M	added+13%	0.00 pp	3 q
PFMTPerformant Financial Corp	0.01%	2,219,341	$7M	added+4%	−0.01 pp	11 q
PLXSPlexus Corp	0.01%	59,612	$6M	trimmed−26%	−0.01 pp	3 q
PUMPProPetro Holding Corp.	0.01%	480,403	$4M	added+1%	0.00 pp	9 q
QRHCQuest Resource Holding Corporation	0.01%	356,398	$3M	added+3%	0.00 pp	12 q
QIPTQuipt Home Medical Corp.	0.01%	665,430	$3M	trimmed−5%	0.00 pp	8 q
RESRPC, Inc.	0.01%	297,049	$2M	added+7%	+0.01 pp	10 q
RHRh	0.01%	13,432	$5M	trimmed−2%	0.00 pp	8 q
RLGTRadiant Logistics, Inc.	0.01%	524,621	$3M	added+5%	0.00 pp	12 q
RDNTRadNet, Inc.	0.01%	97,443	$5M	added+30%	0.00 pp	10 q
REPXRiley Exploration Permian, Inc.	0.01%	176,564	$6M	added+77%	0.00 pp	2 q
07SSecureworks Corp - A	0.01%	891,728	$6M	added+2%	−0.01 pp	12 q
SHYFThe Shyft Group, Inc.	0.01%	473,616	$6M	added+8%	0.00 pp	8 q
SMRTSmartRent, Inc.	0.01%	1,389,680	$4M	added+38%	0.00 pp	4 q
SBUXStarbucks Corp	0.01%	50,722	$5M	trimmed−0%	0.00 pp	15 q
SCLStepan Co.	0.01%	70,376	$6M	added+36%	0.00 pp	2 q
SKTTanger Inc.	0.01%	112,704	$3M	added+23%	0.00 pp	12 q
STKSThe ONE Group Hospitality, Inc.	0.01%	977,045	$5M	added+10%	0.00 pp	5 q
TTSTile Shop Hldgs Inc	0.01%	373,484	$3M	added+9%	0.00 pp	7 q
TLYSTilly's Inc.	0.01%	428,657	$3M	added+14%	0.00 pp	8 q
TITNTitan Machinery Inc.	0.01%	240,261	$6M	added+22%	0.00 pp	9 q
TOLToll Brothers, Inc.	0.01%	19,398	$3M	trimmed−32%	0.00 pp	12 q
TRSTrimas Corporation	0.01%	190,206	$5M	added×2.1	0.00 pp	2 q
TFCTruist Financial Corporation	0.01%	111,559	$4M	trimmed−39%	−0.01 pp	44 q
SLCAU.s. Silica Holdings, Inc.	0.01%	516,183	$6M	added+43%	0.00 pp	12 q
UFIUNIFI, Inc. New	0.01%	636,248	$4M	trimmed−3%	0.00 pp	10 q
UTIUniversal Technical Institute, Inc.	0.01%	378,288	$6M	trimmed−14%	0.00 pp	10 q
VLYValley National Bancorp	0.01%	547,300	$4M	added+37%	0.00 pp	2 q
VREXVarex Imaging Corporation	0.01%	357,687	$6M	added+12%	−0.01 pp	3 q
VZIOVIZIO Holding Corp.	0.01%	489,134	$5M	trimmed−18%	0.00 pp	5 q
WCCWesco International Inc.	0.01%	21,158	$4M	trimmed−41%	0.00 pp	12 q
YEXTYext, Inc.	0.01%	642,979	$4M	added+7%	0.00 pp	7 q
ZIMVZimVie Inc.	0.01%	222,357	$4M	trimmed−25%	0.00 pp	3 q
AXSAxis Capital Holders Limited	0.01%	83,696	$5M	new	+0.01 pp	new
FNFabrinet	0.01%	23,192	$4M	added×3.1	+0.01 pp	12 q
LINLinde plc	0.01%	6,853	$3M	held	—	5 q
LXFRLuxfer Holdings PLC	0.01%	245,039	$3M	added+6%	+0.01 pp	12 q
ARCARC Document Solutions, Inc.	0.00%	134,965	$373,853	added+28%	0.00 pp	7 q
AMEDAmedisys Inc	0.00%	3,534	$325,694	trimmed−86%	−0.01 pp	9 q
AMHAmerican Homes 4 Rent	0.00%	5,364	$197,288	trimmed−30%	0.00 pp	10 q
AWKAmerican Water Works Company, Inc	0.00%	1,122	$137,120	added+30%	0.00 pp	8 q
ARMKAramark	0.00%	11,835	$384,874	held	—	9 q
ASURAsure Software, Inc	0.00%	281,497	$2M	added+20%	−0.01 pp	2 q
AVTRAvantor, Inc.	0.00%	15,882	$406,103	held	—	9 q
BRK.BBERKSHIRE HATHAWAY Class B	0.00%	3,779	$2M	added×2.1	0.00 pp	6 q
BIOBio-Rad Laboratories, Inc.Class A	0.00%	1,964	$679,289	added×4.1	0.00 pp	4 q
BSMBlack Stone Minerals, L.P.	0.00%	5,360	$85,653	trimmed−16%	0.00 pp	4 q
BCOVBrightcove, Inc.	0.00%	331,032	$642,202	new	0.00 pp	new
CNICanadian National Railway	0.00%	1,644	$216,581	added+1%	0.00 pp	10 q
CPCanadian Pacific Kansas City Limited	0.00%	2,275	$200,675	added+1%	0.00 pp	4 q
CAHCardinal Health, Inc.	0.00%	8,066	$902,585	held	—	9 q
PRTSCarParts.com, Inc.	0.00%	794,994	$1M	added0%	−0.01 pp	12 q
CASYCasey's General Stores Inc	0.00%	1,827	$581,808	held	—	9 q
CHTRCharter Comm Inc Del CL A New	0.00%	202	$58,707	trimmed−62%	0.00 pp	10 q
EXEExpand Energy Corporation	0.00%	7,493	$665,603	added+1%	0.00 pp	12 q
CIACitizens, Inc.	0.00%	330,508	$707,287	added+69%	0.00 pp	3 q
CLFCleveland-Cliffs Inc.	0.00%	23,863	$542,644	trimmed−16%	0.00 pp	9 q
CMPCompass Minerals International, Inc.	0.00%	121,203	$2M	new	0.00 pp	new
CMLSQCumulus Media Inc A	0.00%	21,927	$78,718	held	—	2 q
DHXDHI Group, Inc.	0.00%	388,449	$990,545	added×2.5	0.00 pp	3 q
DALDelta Air Lines, Inc.	0.00%	8,952	$428,532	added+73%	0.00 pp	2 q
DODiamond Offshore Drilling, Inc.	0.00%	7,713	$105,205	added+27%	0.00 pp	3 q
DCIDonaldson Company, Inc.	0.00%	8,467	$632,315	added+1%	0.00 pp	8 q
DOVDover Corporation	0.00%	3,839	$680,232	held	—	8 q
LOCOEl Pollo Loco Holdings, Inc.	0.00%	145,498	$1M	added×4.2	0.00 pp	2 q
EGPEastGroup Properties Inc.	0.00%	514	$92,402	added+49%	0.00 pp	2 q
EGHT8x8, Inc.	0.00%	548,705	$1M	new	0.00 pp	new
ENTGEntegris Inc	0.00%	4,082	$573,685	held	—	4 q
EQIXEquinix, Inc.	0.00%	81	$66,852	added+1%	0.00 pp	10 q
EXELExelixis Inc	0.00%	14,787	$350,896	trimmed−41%	0.00 pp	3 q
unresolvedForge Global Holdings Inc	0.00%	135,000	$260,550	new	0.00 pp	new
GENCGencor Industries, Inc.	0.00%	71,561	$1M	added+11%	0.00 pp	3 q
GDGeneral Dynamics Corporation	0.00%	7,297	$2M	held	—	33 q
EAFGrafTech International Ltd.	0.00%	535,244	$738,637	trimmed−1%	0.00 pp	3 q
DINOHF Sinclair Corporation	0.00%	10,703	$646,140	added+17%	0.00 pp	9 q
ICADIcad Inc	0.00%	701,525	$1M	added+3%	0.00 pp	8 q
IRIngersoll Rand Inc.	0.00%	8,126	$771,564	trimmed−4%	0.00 pp	6 q
TILEInterface Inc	0.00%	120,524	$2M	new	0.00 pp	new
IFFInternational Flavors & Fragrances Inc.	0.00%	3,619	$311,198	added+16%	0.00 pp	5 q
IAUiShares Gold Trust	0.00%	4,683	$196,733	added×3.5	0.00 pp	8 q
KNXKnight-Swift Transportation Holdings Inc. Class A	0.00%	5,235	$288,030	added+11%	0.00 pp	2 q
KROKronos Worldwide, Inc.	0.00%	152,421	$2M	new	0.00 pp	new
LTRXLantronix Inc	0.00%	518,453	$2M	trimmed−3%	−0.01 pp	6 q
LIILennox International Inc.	0.00%	1,326	$648,096	added+4%	0.00 pp	9 q
MAMAMama's Creations, Inc.	0.00%	232,834	$1M	new	0.00 pp	new
MNTXManitex International, Inc.	0.00%	297,584	$2M	held	—	12 q
MECMayville Engineering Company, Inc.	0.00%	49,738	$712,746	new	0.00 pp	new
MAAMid-America Apartment Communities, Inc.	0.00%	706	$92,895	added+1%	0.00 pp	2 q
NGVCNatural Grocers By Vitamin Cottage, Inc	0.00%	84,951	$2M	added+4%	0.00 pp	6 q
NXTNextpower Inc.	0.00%	2,425	$136,455	new	0.00 pp	new
ONON Semiconductor Corp	0.00%	7,720	$567,806	added+7%	0.00 pp	8 q
OTISOtis Worldwide Corporation	0.00%	20,048	$2M	added×2.7	0.00 pp	6 q
PFGCPerformance Food Group Company	0.00%	10,971	$818,875	added+2%	0.00 pp	9 q
RVTYRevvity, Inc.	0.00%	2,365	$248,325	held	—	8 q
PWRQuanta Services, Inc.	0.00%	2,233	$580,133	added×4.4	0.00 pp	2 q
DGXQuest Diagnostics Inc.	0.00%	3,849	$512,341	held	—	9 q
RJFRaymond James Financial, Inc.	0.00%	3,250	$417,365	held	—	7 q
RSReliance, Inc.	0.00%	631	$210,868	new	0.00 pp	new
RKTRocket Companies, Inc.	0.00%	44,540	$648,057	added+25%	0.00 pp	5 q
SBACSBA Communications Corp	0.00%	853	$184,845	added+1%	0.00 pp	10 q
SMHISEACOR Marine Holdings Inc.	0.00%	25,000	$348,500	new	0.00 pp	new
SILKSilk Road Medical, Inc.	0.00%	87,595	$2M	new	0.00 pp	new
SNPOSnap One Holdings Corp.	0.00%	188,795	$2M	added+2%	0.00 pp	6 q
TRNOTerreno Realty Corporation	0.00%	1,886	$125,230	added+36%	0.00 pp	10 q
8TGThermon Group Holdings Inc	0.00%	42,500	$1M	new	0.00 pp	new
TRMBTrimble Inc.	0.00%	3,145	$202,412	held	—	3 q
UEICUniversal Electronics Inc	0.00%	206,175	$2M	added+5%	0.00 pp	3 q
UPLDUpland Software, Inc.	0.00%	594,819	$2M	trimmed−29%	−0.01 pp	6 q
MTNVail Resorts, Inc.	0.00%	739	$164,671	trimmed−21%	0.00 pp	7 q
WLKWestlake Corporation	0.00%	4,688	$716,327	added+1%	0.00 pp	8 q
XPOXPO, Inc.	0.00%	8,600	$1M	added+4%	0.00 pp	9 q
ZBHZimmer Biomet Holdings, Inc.	0.00%	4,766	$629,016	held	—	8 q
DOXAmdocs Limited	0.00%	2,448	$221,226	held	—	8 q
ACNAccenture PLC	0.00%	2,704	$937,233	trimmed−0%	0.00 pp	15 q
CRHCRH Public Limited Company	0.00%	4,101	$353,541	added+99%	0.00 pp	3 q
SDRLSeadrill Limited	0.00%	29,613	$1M	held	—	3 q
CRNTCeragon Networks Ltd	0.00%	542,533	$2M	trimmed−1%	0.00 pp	9 q
FLEXFlex Ltd.	0.00%	12,204	$349,156	held	—	4 q
ALKAlaska Air Group, Inc.	—	−350,884	—	exited	−0.03 pp	—
CPECallon Petroleum Company	—	−361,124	—	exited	−0.03 pp	—
QDELQuidelOrtho Corporation	—	−195,936	—	exited	−0.03 pp	—
SPYState Street SPDR S&P 500 ETF Trust	—	−27,500	—	exited	−0.03 pp	—
42OPhysicians Realty Trust	—	−751,208	—	exited	−0.02 pp	—
ALEXAlexander & Baldwin, Inc.	—	−184,532	—	exited	−0.01 pp	—
AMRCAmeresco, Inc.	—	−117,531	—	exited	−0.01 pp	—
RILYBRC Group Holdings, Inc.	—	−131,185	—	exited	−0.01 pp	—
CMTLComtech Telecommunications	—	−508,987	—	exited	−0.01 pp	—
BOOMDMC Global Inc.	—	−187,774	—	exited	−0.01 pp	—
DIODDiodes Inc	—	−70,112	—	exited	−0.01 pp	—
HIWHighwoods Properties Inc.	—	−144,300	—	exited	−0.01 pp	—
JBLUJetBlue Airways Corp	—	−561,322	—	exited	−0.01 pp	—
DOORMasonite International Corp	—	−54,963	—	exited	−0.01 pp	—
PGTIPGT, Inc.	—	−131,844	—	exited	−0.01 pp	—
PCRXPacira BioSciences, Inc.	—	−103,081	—	exited	−0.01 pp	—
VTNRQVertex Energy, Inc	—	−867,801	—	exited	−0.01 pp	—
unresolvedThe Aarons Company Inc	—	−172,665	—	exited	0.00 pp	—
BALLBall Corporation	—	−698	—	exited	0.00 pp	—
CNXCNX Resources Corporation	—	−2,737	—	exited	0.00 pp	—
CHWYChewy, Inc.	—	−6,281	—	exited	0.00 pp	—
TCSThe Container Store Group, Inc.	—	−846,761	—	exited	0.00 pp	—
DECKDeckers Outdoor Corp	—	−117	—	exited	0.00 pp	—
DXYNDixie Group Inc	—	−117,773	—	exited	0.00 pp	—
FMCFMC Corporation	—	−4,171	—	exited	0.00 pp	—
JOBGEE Group Inc.	—	−930,711	—	exited	0.00 pp	—
KLXEKLX Energy Services Holdings, Inc.	—	−77,087	—	exited	0.00 pp	—
MCHXMarchex, Inc. Class B	—	−413,678	—	exited	0.00 pp	—
unresolvedThe Real Good Food Company I	—	−387,734	—	exited	0.00 pp	—
RAHSocietal Cdmo Inc	—	−1,631,431	—	exited	0.00 pp	—
ICLICL Group Ltd.	—	−12,182	—	exited	0.00 pp	—