0001752724-20-240640.txt : 20201123 0001752724-20-240640.hdr.sgml : 20201123 20201123125024 ACCESSION NUMBER: 0001752724-20-240640 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200930 FILED AS OF DATE: 20201123 PERIOD START: 20210630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JPMorgan Trust I CENTRAL INDEX KEY: 0001217286 IRS NUMBER: 331043149 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-21295 FILM NUMBER: 201335999 BUSINESS ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 BUSINESS PHONE: 800-480-4111 MAIL ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 FORMER COMPANY: FORMER CONFORMED NAME: JP MORGAN MUTUAL FUND SERIES DATE OF NAME CHANGE: 20030204 0001217286 S000002767 JPMorgan Small Cap Blend Fund C000007579 Class I JDSCX C000007580 Class A VSCOX C000007582 Class C VSCCX C000200711 Class R6 JSCHX NPORT-P 1 primary_doc.xml NPORT-P false 0001217286 XXXXXXXX S000002767 C000007580 C000007582 C000200711 C000007579 JPMorgan Trust I 811-21295 0001217286 549300DM5WZMCZZ70R78 277 Park Avenue New York 10172 800-480-4111 JPMorgan Small Cap Blend Fund S000002767 549300G5GLMLAG6QVC64 2021-06-30 2020-09-30 N 557458861.05 27318541.50 530140319.55 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2866.04000000 N Brixmor Property Group, Inc. 5299007UXW6Y0W2EGZ95 Brixmor Property Group, Inc. 11120U105 177369.00000000 NS USD 2073443.61000000 0.391112226996 Long EC CORP US N 1 N N N Boyd Gaming Corp. 254900787YGRYS2A1Z35 Boyd Gaming Corp. 103304101 85993.00000000 NS USD 2639125.17000000 0.497816346479 Long EC CORP US N 1 N N N Kimball International, Inc. 549300RYF7HKL9SKYG25 Kimball International, Inc., Class B 494274103 142600.00000000 NS USD 1503004.00000000 0.283510599849 Long EC CORP US N 1 N N N Bright Horizons Family Solutions, Inc. N/A Bright Horizons Family Solutions, Inc. 109194100 10745.00000000 NS USD 1633669.80000000 0.308157998883 Long EC CORP US N 1 N N N Avalara, Inc. N/A Avalara, Inc. 05338G106 11469.00000000 NS USD 1460462.46000000 0.275486018727 Long EC CORP US N 1 N N N Deluxe Corp. KWGNKB8TX9LE5TV29231 Deluxe Corp. 248019101 57739.00000000 NS USD 1485624.47000000 0.280232311185 Long EC CORP US N 1 N N N Entegris, Inc. IYX6OWO7BT5DKO3BYG52 Entegris, Inc. 29362U104 46323.00000000 NS USD 3443651.82000000 0.649573649278 Long EC CORP US N 1 N N N Arvinas, Inc. N/A Arvinas, Inc. 04335A105 35489.00000000 NS USD 837895.29000000 0.158051606169 Long EC CORP US N 1 N N Bridgebio Pharma, Inc. 54930028YG89VTY2J114 Bridgebio Pharma, Inc. 10806X102 38530.00000000 NS USD 1445645.60000000 0.272691124724 Long EC CORP US N 1 N N Avrobio, Inc. N/A Avrobio, Inc. 05455M100 79710.00000000 NS USD 1037824.20000000 0.195764057501 Long EC CORP US N 1 N N American States Water Co. 529900L26LIS2V8PWM23 American States Water Co. 029899101 27157.00000000 NS USD 2035417.15000000 0.383939322277 Long EC CORP US N 1 N N N American Campus Communities, Inc. 529900MR3ZXRO3W6UX26 American Campus Communities, Inc. 024835100 69711.00000000 NS USD 2434308.12000000 0.459181848697 Long EC CORP US N 1 N N N Comfort Systems USA, Inc. 5299009DT1ZA5HTU6R38 Comfort Systems USA, Inc. 199908104 71205.00000000 NS USD 3667769.55000000 0.691848820914 Long EC CORP US N 1 N N N EastGroup Properties, Inc. 31TIGQQZC4P6JMHKSW85 EastGroup Properties, Inc. 277276101 8960.00000000 NS USD 1158796.80000000 0.218583034956 Long EC CORP US N 1 N N N Inphi Corp. 549300DCMERAAZFGT726 Inphi Corp. 45772F107 31375.00000000 NS USD 3521843.75000000 0.664322938687 Long EC CORP US N 1 N N N JFrog Ltd. N/A JFrog Ltd. N/A 12092.00000000 NS USD 1023587.80000000 0.193078655264 Long EC CORP IL N 1 N N N Evolent Health, Inc. 549300CZOCFHQ2BBTR11 Evolent Health, Inc., Class A 30050B101 99697.00000000 NS USD 1237239.77000000 0.233379677865 Long EC CORP US N 1 N N N Delek US Holdings, Inc. 5493003O53JMENV1N385 Delek US Holdings, Inc. 24665A103 81482.00000000 NS USD 906894.66000000 0.171066909374 Long EC CORP US N 1 N N First Financial Bankshares, Inc. 549300XN3GTGOENGNV49 First Financial Bankshares, Inc. 32020R109 60794.00000000 NS USD 1696760.54000000 0.320058761318 Long EC CORP US N 1 N N N Semtech Corp. 549300J7WUY317SW6O61 Semtech Corp. 816850101 38263.00000000 NS USD 2026408.48000000 0.382240023116 Long EC CORP US N 1 N N N Chesapeake Utilities Corp. 254900WW0FDCKAOCKE74 Chesapeake Utilities Corp. 165303108 23729.00000000 NS USD 2000354.70000000 0.377325516704 Long EC CORP US N 1 N N N Community Trust Bancorp, Inc. N/A Community Trust Bancorp, Inc. 204149108 63815.00000000 NS USD 1803411.90000000 0.340176333226 Long EC CORP US N 1 N N N Allegiant Travel Co. 549300JM9OZXOHWL2K18 Allegiant Travel Co. 01748X102 8410.00000000 NS USD 1007518.00000000 0.190047420059 Long EC CORP US N 1 N N Coherus Biosciences, Inc. 5493007IL8W5MV932D26 Coherus Biosciences, Inc. 19249H103 108322.00000000 NS USD 1986625.48000000 0.374735783478 Long EC CORP US N 1 N N Plexus Corp. 549300W7HCBI5YT25I79 Plexus Corp. 729132100 30586.00000000 NS USD 2160289.18000000 0.407493846503 Long EC CORP US N 1 N N N Callaway Golf Co. 5493005UB0KFRKBPCU72 Callaway Golf Co. 131193104 98913.00000000 NS USD 1893194.82000000 0.357112023021 Long EC CORP US N 1 N N Amicus Therapeutics, Inc. 549300MRD1SMUTNBPQ53 Amicus Therapeutics, Inc. 03152W109 173803.00000000 NS USD 2454098.36000000 0.462914867913 Long EC CORP US N 1 N N N AZEK Co., Inc. (The) N/A AZEK Co., Inc. (The) 05478C105 26351.00000000 NS USD 917278.31000000 0.173025570056 Long EC CORP US N 1 N N N Graco, Inc. 4T5VJ4S81BRT6Q7GGT78 Graco, Inc. 384109104 31573.00000000 NS USD 1937003.55000000 0.365375633312 Long EC CORP US N 1 N N N Twist Bioscience Corp. 549300T23BL59LCOH584 Twist Bioscience Corp. 90184D100 47337.00000000 NS USD 3596191.89000000 0.678347176659 Long EC CORP US N 1 N N Duck Creek Technologies, Inc. N/A Duck Creek Technologies, Inc. 264120106 37288.00000000 NS USD 1693993.84000000 0.319536880620 Long EC CORP US N 1 N N Curtiss-Wright Corp. TEL51ETZWP7D0ZM4X325 Curtiss-Wright Corp. 231561101 27089.00000000 NS USD 2526320.14000000 0.476538012076 Long EC CORP US N 1 N N N Amedisys, Inc. 5299001RBS9GK9STN379 Amedisys, Inc. 023436108 12771.00000000 NS USD 3019447.53000000 0.569556288901 Long EC CORP US N 1 N N N Berkeley Lights, Inc. 549300LTLRE4N65CD358 Berkeley Lights, Inc. 084310101 17887.00000000 NS USD 1365851.32000000 0.257639585149 Long EC CORP US N 1 N N N Everbridge, Inc. 549300WCY0UMR64ATW81 Everbridge, Inc. 29978A104 20525.00000000 NS USD 2580608.25000000 0.486778340532 Long EC CORP US N 1 N N Mirati Therapeutics, Inc. 529900GYRW59IDQV6N54 Mirati Therapeutics, Inc. 60468T105 8719.00000000 NS USD 1447789.95000000 0.273095611974 Long EC CORP US N 1 N N N Trustmark Corp. 5493000HPQ4D2RZ79739 Trustmark Corp. 898402102 69296.00000000 NS USD 1483627.36000000 0.279855597714 Long EC CORP US N 1 N N N FormFactor, Inc. 549300YCEEO6SZD1ZR61 FormFactor, Inc. 346375108 46471.00000000 NS USD 1158522.03000000 0.218531205282 Long EC CORP US N 1 N N N Cracker Barrel Old Country Store, Inc. 8P4PHQIUWPIECBFBW745 Cracker Barrel Old Country Store, Inc. 22410J106 15753.00000000 NS USD 1806238.98000000 0.340709603361 Long EC CORP US N 1 N N N Global Blood Therapeutics, Inc. 549300U4G0QKK99GRT15 Global Blood Therapeutics, Inc. 37890U108 20003.00000000 NS USD 1102965.42000000 0.208051600552 Long EC CORP US N 1 N N Intercept Pharmaceuticals, Inc. N/A Intercept Pharmaceuticals, Inc. 45845P108 20273.00000000 NS USD 840518.58000000 0.158546435538 Long EC CORP US N 1 N N N TRI Pointe Group, Inc. N/A TRI Pointe Group, Inc. 87265H109 113278.00000000 NS USD 2054862.92000000 0.387607364356 Long EC CORP US N 1 N N N Grocery Outlet Holding Corp. N/A Grocery Outlet Holding Corp. 39874R101 57449.00000000 NS USD 2258894.68000000 0.426093733432 Long EC CORP US N 1 N N La-Z-Boy, Inc. 549300WNO1WMN9ZG2519 La-Z-Boy, Inc. 505336107 57800.00000000 NS USD 1828214.00000000 0.344854736110 Long EC CORP US N 1 N N N Oak Street Health, Inc. N/A Oak Street Health, Inc. 67181A107 17497.00000000 NS USD 935039.68000000 0.176375884934 Long EC CORP US N 1 N N N Atara Biotherapeutics, Inc. 549300WBXUXZRE03MS38 Atara Biotherapeutics, Inc. 046513107 114471.00000000 NS USD 1483544.16000000 0.279839903755 Long EC CORP US N 1 N N N Lemonade, Inc. N/A Lemonade, Inc. 52567D107 21805.00000000 NS USD 1084144.60000000 0.204501442357 Long EC CORP US N 1 N N Silgan Holdings, Inc. KAF673KJXD92C8KSLU49 Silgan Holdings, Inc. 827048109 48267.00000000 NS USD 1774777.59000000 0.334775063233 Long EC CORP US N 1 N N N Blackline, Inc. 529900P9N7PK9LV5EK56 Blackline, Inc. 09239B109 31468.00000000 NS USD 2820476.84000000 0.532024585942 Long EC CORP US N 1 N N N Palomar Holdings, Inc. 549300DOI1MUW11BLX74 Palomar Holdings, Inc. 69753M105 9643.00000000 NS USD 1005186.32000000 0.189607596881 Long EC CORP US N 1 N N N Sunstone Hotel Investors, Inc. 529900ZQ2V52V96ATF67 Sunstone Hotel Investors, Inc. 867892101 330992.00000000 NS USD 2628076.48000000 0.495732239764 Long EC CORP US N 1 N N N Zendesk, Inc. 549300SLI6BN94BKKO36 Zendesk, Inc. 98936J101 9394.00000000 NS USD 966830.48000000 0.182372561441 Long EC CORP US N 1 N N N Shockwave Medical, Inc. 549300LDXO56IC5Y1538 Shockwave Medical, Inc. 82489T104 40471.00000000 NS USD 3067701.80000000 0.578658458312 Long EC CORP US N 1 N N N Portland General Electric Co. GJOUP9M7C39GLSK9R870 Portland General Electric Co. 736508847 41671.00000000 NS USD 1479320.50000000 0.279043197705 Long EC CORP US N 1 N N N Selectquote, Inc. 549300BV28BWDIN9SP24 Selectquote, Inc. 816307300 65624.00000000 NS USD 1328886.00000000 0.250666842531 Long EC CORP US N 1 N N N Sage Therapeutics, Inc. 5493000JX4BJS9W6CN35 Sage Therapeutics, Inc. 78667J108 31871.00000000 NS USD 1947955.52000000 0.367441495801 Long EC CORP US N 1 N N N Farfetch Ltd. 549300QFQ74Z0F96NS78 Farfetch Ltd., Class A 30744W107 60578.00000000 NS USD 1524142.48000000 0.287497936639 Long EC CORP KY N 1 N N JBG SMITH Properties N/A JBG SMITH Properties 46590V100 72738.00000000 NS USD 1945014.12000000 0.366886661563 Long EC CORP US N 1 N N N Cabot Microelectronics Corp. 31F6V1MN00ZW3XWB4J69 Cabot Microelectronics Corp. 12709P103 9293.00000000 NS USD 1327133.33000000 0.250336237607 Long EC CORP US N 1 N N N Ciena Corp. W0CZ7N0GH8UIGXDM1H41 Ciena Corp. 171779309 33667.00000000 NS USD 1336243.23000000 0.252054631712 Long EC CORP US N 1 N N N Washington REIT 549300DI34BGS8LVKW95 Washington REIT 939653101 83893.00000000 NS USD 1688766.09000000 0.318550773771 Long EC CORP US N 1 N N N Saia, Inc. 549300WNPG4N9GBOYB29 Saia, Inc. 78709Y105 24374.00000000 NS USD 3074536.36000000 0.579947656614 Long EC CORP US N 1 N N N Orchard Therapeutics plc 21380056R45ONMT94Z50 Orchard Therapeutics plc 68570P101 71942.00000000 NS USD 295681.62000000 0.055774218465 Long EC CORP GB N 1 N N Unitil Corp. N/A Unitil Corp. 913259107 48164.00000000 NS USD 1861056.96000000 0.351049880827 Long EC CORP US N 1 N N N Williams-Sonoma, Inc. 549300IARG6YWVTZ1I92 Williams-Sonoma, Inc. 969904101 23458.00000000 NS USD 2121541.52000000 0.400184902329 Long EC CORP US N 1 N N Hillenbrand, Inc. U246OE781574J2BUD366 Hillenbrand, Inc. 431571108 96601.00000000 NS USD 2739604.36000000 0.516769666250 Long EC CORP US N 1 N N N Anaplan, Inc. N/A Anaplan, Inc. 03272L108 39148.00000000 NS USD 2449881.84000000 0.462119508676 Long EC CORP US N 1 N N N Bill.Com Holdings, Inc. 549300IBF9VZZIGOZW63 Bill.Com Holdings, Inc. 090043100 15203.00000000 NS USD 1525012.93000000 0.287662129017 Long EC CORP US N 1 N N N EQT Corp. 4NT01YGM4X7ZX86ISY52 EQT Corp. 26884L109 150428.00000000 NS USD 1945034.04000000 0.366890419059 Long EC CORP US N 1 N N N Nuance Communications, Inc. AEMSOT3SS15TNMJCE605 Nuance Communications, Inc. 67020Y100 50802.00000000 NS USD 1686118.38000000 0.318051338074 Long EC CORP US N 1 N N N J&J Snack Foods Corp. N/A J&J Snack Foods Corp. 466032109 9146.00000000 NS USD 1192546.94000000 0.224949300406 Long EC CORP US N 1 N N N Carlisle Cos., Inc. XR64VGX1ZPX6G7ZN7Z11 Carlisle Cos., Inc. 142339100 13138.00000000 NS USD 1607697.06000000 0.303258778989 Long EC CORP US N 1 N N N Inter Parfums, Inc. N/A Inter Parfums, Inc. 458334109 38393.00000000 NS USD 1433978.55000000 0.270490377192 Long EC CORP US N 1 N N N Arrowhead Pharmaceuticals, Inc. 549300O3CSB8T7OZ3D66 Arrowhead Pharmaceuticals, Inc. 04280A100 34002.00000000 NS USD 1464126.12000000 0.276177092367 Long EC CORP US N 1 N N N PennyMac Financial Services, Inc. 549300W1D516HBDEU871 PennyMac Financial Services, Inc. 70932M107 44102.00000000 NS USD 2563208.24000000 0.483496188740 Long EC CORP US N 1 N N N Virtus Investment Partners, Inc. 549300HWF93HB8BDM648 Virtus Investment Partners, Inc. 92828Q109 8130.00000000 NS USD 1127224.50000000 0.212627573951 Long EC CORP US N 1 N N N Winnebago Industries, Inc. 549300B7OYKYJLTE3G11 Winnebago Industries, Inc. 974637100 42828.00000000 NS USD 2212922.76000000 0.417422082115 Long EC CORP US N 1 N N N Vroom, Inc. N/A Vroom, Inc. 92918V109 19080.00000000 NS USD 987962.40000000 0.186358660823 Long EC CORP US N 1 N N N Flowers Foods, Inc. 7YNCQQNDK8FBM9BBTK25 Flowers Foods, Inc. 343498101 112352.00000000 NS USD 2733524.16000000 0.515622762350 Long EC CORP US N 1 N N N Highwoods Properties, Inc. ZIIGTYKL9T0X3HLTDX53 Highwoods Properties, Inc. 431284108 57994.00000000 NS USD 1946858.58000000 0.367234580771 Long EC CORP US N 1 N N N CTS Corp. 549300YV1HQLBVHOI649 CTS Corp. 126501105 126090.00000000 NS USD 2777762.70000000 0.523967447402 Long EC CORP US N 1 N N N Hawkins, Inc. 549300VL3IJ23OWX1Y34 Hawkins, Inc. 420261109 45000.00000000 NS USD 2074500.00000000 0.391311493108 Long EC CORP US N 1 N N N MyoKardia, Inc. 549300OLNNNZ1NI9UY54 MyoKardia, Inc. 62857M105 10968.00000000 NS USD 1495267.44000000 0.282051257913 Long EC CORP US N 1 N N N Radian Group, Inc. 54930005OUP720S5U385 Radian Group, Inc. 750236101 176052.00000000 NS USD 2572119.72000000 0.485177155018 Long EC CORP US N 1 N N N Alamo Group, Inc. 54930080C93RVZRSDV26 Alamo Group, Inc. 011311107 25416.00000000 NS USD 2745690.48000000 0.517917686836 Long EC CORP US N 1 N N N Rexford Industrial Realty, Inc. 549300MSLO0DF0EMX355 Rexford Industrial Realty, Inc. 76169C100 78051.00000000 NS USD 3571613.76000000 0.673711021080 Long EC CORP US N 1 N N N Carter's, Inc. 5299003WAQK4R3L3ZU36 Carter's, Inc. 146229109 39224.00000000 NS USD 3396013.92000000 0.640587745312 Long EC CORP US N 1 N N N John Bean Technologies Corp. 5493007CT6ATBZ2L6826 John Bean Technologies Corp. 477839104 36182.00000000 NS USD 3324763.98000000 0.627147918653 Long EC CORP US N 1 N N N Littelfuse, Inc. 549300MY7HLQFYTPCX75 Littelfuse, Inc. 537008104 14382.00000000 NS USD 2550503.88000000 0.481099774143 Long EC CORP US N 1 N N N Brady Corp. 549300G2LEQOFQC8GY34 Brady Corp., Class A 104674106 70000.00000000 NS USD 2801400.00000000 0.528426134872 Long EC CORP US N 1 N N N MSA Safety, Inc. 529900DVA3258XK11O39 MSA Safety, Inc. 553498106 23118.00000000 NS USD 3101742.06000000 0.585079448896 Long EC CORP US N 1 N N N Itron, Inc. 24F6LSZD18II6ICG6S41 Itron, Inc. 465741106 26913.00000000 NS USD 1634695.62000000 0.308351498597 Long EC CORP US N 1 N N N Corsair Gaming, Inc. 549300Y7YT18L8G0H525 Corsair Gaming, Inc. 22041X102 65648.00000000 NS USD 1319524.80000000 0.248901045881 Long EC CORP US N 1 N N N Tricida, Inc. 549300QVPFFJC8SZXG25 Tricida, Inc. 89610F101 43455.00000000 NS USD 393702.30000000 0.074263791204 Long EC CORP US N 1 N N N Medallia, Inc. 5493009P6W6C5BK60J60 Medallia, Inc. 584021109 53888.00000000 NS USD 1477608.96000000 0.278720351105 Long EC CORP US N 1 N N ManTech International Corp. 5299007N03CAU4SWNR02 ManTech International Corp., Class A 564563104 37485.00000000 NS USD 2581966.80000000 0.487034602874 Long EC CORP US N 1 N N N LCI Industries 549300E1B98YNJ1WIQ04 LCI Industries 50189K103 12070.00000000 NS USD 1282920.30000000 0.241996364488 Long EC CORP US N 1 N N N Terreno Realty Corp. N/A Terreno Realty Corp. 88146M101 72745.00000000 NS USD 3983516.20000000 0.751407892042 Long EC CORP US N 1 N N N CSW Industrials, Inc. 549300SYOEO3RVQ7FB83 CSW Industrials, Inc. 126402106 39371.00000000 NS USD 3041409.75000000 0.573699007195 Long EC CORP US N 1 N N Insight Enterprises, Inc. 529900S8991TYW6YP792 Insight Enterprises, Inc. 45765U103 47283.00000000 NS USD 2675272.14000000 0.504634724306 Long EC CORP US N 1 N N N Halozyme Therapeutics, Inc. 529900242I3SV9AGM753 Halozyme Therapeutics, Inc. 40637H109 115487.00000000 NS USD 3034998.36000000 0.572489631155 Long EC CORP US N 1 N N N Independent Bank Corp. N/A Independent Bank Corp. 453838609 187100.00000000 NS USD 2351847.00000000 0.443627264946 Long EC CORP US N 1 N N N LPL Financial Holdings, Inc. 549300XROQ4Y8G2L7682 LPL Financial Holdings, Inc. 50212V100 45289.00000000 NS USD 3472307.63000000 0.654978974801 Long EC CORP US N 1 N N N JPMorgan Prime Money Market Fund N/A JPMorgan Prime Money Market Fund, Class IM 46637K844 12965195.19000000 NS USD 12974270.83000000 2.447327688830 Long STIV RF US N 1 N N N New York Times Co. (The) 529900J1WEMMIW7BOH57 New York Times Co. (The), Class A 650111107 66179.00000000 NS USD 2831799.41000000 0.534160354451 Long EC CORP US N 1 N N N BJ's Wholesale Club Holdings, Inc. 549300UCIWH1C93V0J03 BJ's Wholesale Club Holdings, Inc. 05550J101 52339.00000000 NS USD 2174685.45000000 0.410209404907 Long EC CORP US N 1 N N N American Well Corp. N/A American Well Corp., Class A 03044L105 39320.00000000 NS USD 1165444.80000000 0.219837042575 Long EC CORP US N 1 N N N Lakeland Bancorp, Inc. 549300NF90LR9ETZDR73 Lakeland Bancorp, Inc. 511637100 268200.00000000 NS USD 2668590.00000000 0.503374276882 Long EC CORP US N 1 N N N UFP Industries, Inc. 5493007KB485C9OV5572 UFP Industries, Inc. 90278Q108 62116.00000000 NS USD 3510175.16000000 0.662121900665 Long EC CORP US N 1 N N N Performance Food Group Co. 549300EUK8GR9IT1YK57 Performance Food Group Co. 71377A103 130853.00000000 NS USD 4530130.86000000 0.854515435431 Long EC CORP US N 1 N N N Old Republic International Corp. N/A Old Republic International Corp. 680223104 130162.00000000 NS USD 1918587.88000000 0.361901898280 Long EC CORP US N 1 N N N Premier Financial Corp. N/A Premier Financial Corp. 74052F108 208576.00000000 NS USD 3248571.20000000 0.612775727520 Long EC CORP US N 1 N N N Providence Service Corp. (The) 549300EFZIFW7F7I0Q28 Providence Service Corp. (The) 743815102 22097.00000000 NS USD 2053032.27000000 0.387262050119 Long EC CORP US N 1 N N N Science Applications International Corp. 549300LZPNZIXQGZPZ48 Science Applications International Corp. 808625107 23368.00000000 NS USD 1832518.56000000 0.345666702271 Long EC CORP US N 1 N N N Vertex, Inc. 549300QMYW171MP1PL50 Vertex, Inc., Class A 92538J106 19830.00000000 NS USD 456090.00000000 0.086031939692 Long EC CORP US N 1 N N Aaron's, Inc. 529900IVEJ72I7MQ3Z14 Aaron's, Inc. 002535300 25818.00000000 NS USD 1462589.70000000 0.275887278530 Long EC CORP US N 1 N N N Adaptive Biotechnologies Corp. 549300ZTF7OT1FW66Q96 Adaptive Biotechnologies Corp. 00650F109 12631.00000000 NS USD 614245.53000000 0.115864707389 Long EC CORP US N 1 N N N First Hawaiian, Inc. 5493002DJSH46F5OLV06 First Hawaiian, Inc. 32051X108 95770.00000000 NS USD 1385791.90000000 0.261400962895 Long EC CORP US N 1 N N N Innospec, Inc. 213800SQBACNY5IWJO68 Innospec, Inc. 45768S105 38476.00000000 NS USD 2436300.32000000 0.459557635998 Long EC CORP US N 1 N N N Focus Financial Partners, Inc. 5493006FFJCGLZ246V12 Focus Financial Partners, Inc., Class A 34417P100 42250.00000000 NS USD 1385377.50000000 0.261322794911 Long EC CORP US N 1 N N N BancFirst Corp. 549300EJEHGBP4IO2J30 BancFirst Corp. 05945F103 63782.00000000 NS USD 2604856.88000000 0.491352342755 Long EC CORP US N 1 N N N Kadant, Inc. 549300K06LNJYBMPYP15 Kadant, Inc. 48282T104 28264.00000000 NS USD 3098299.68000000 0.584430115149 Long EC CORP US N 1 N N N PDC Energy, Inc. 5493008W8H2T511J5Y59 PDC Energy, Inc. 69327R101 195720.00000000 NS USD 2425949.40000000 0.457605149153 Long EC CORP US N 1 N N N Lincoln Electric Holdings, Inc. BIMGBY40SIN95O01BN93 Lincoln Electric Holdings, Inc. 533900106 33622.00000000 NS USD 3094568.88000000 0.583726376938 Long EC CORP US N 1 N N N Cars.com, Inc. 5493002G6J07LNGX4M98 Cars.com, Inc. 14575E105 157262.00000000 NS USD 1270676.96000000 0.239686911774 Long EC CORP US N 1 N N N Envestnet, Inc. 549300HLWZ5OKIDM8737 Envestnet, Inc. 29404K106 40227.00000000 NS USD 3103915.32000000 0.585489389419 Long EC CORP US N 1 N N N Blue Bird Corp. 5493004ZXJUUWQ65ER59 Blue Bird Corp. 095306106 203110.00000000 NS USD 2469817.60000000 0.465879977228 Long EC CORP US N 1 N N N FibroGen, Inc. 549300Q914ULWWY95822 FibroGen, Inc. 31572Q808 43559.00000000 NS USD 1791146.08000000 0.337862640125 Long EC CORP US N 1 N N N MDC Holdings, Inc. 5299005FV4VNV75R8R35 MDC Holdings, Inc. 552676108 22720.00000000 NS USD 1070112.00000000 0.201854482773 Long EC CORP US N 1 N N N Southwest Gas Holdings, Inc. N/A Southwest Gas Holdings, Inc. 844895102 43562.00000000 NS USD 2748762.20000000 0.518497103244 Long EC CORP US N 1 N N N Homology Medicines, Inc. 549300RWKPJEFTM3K452 Homology Medicines, Inc. 438083107 59058.00000000 NS USD 631920.60000000 0.119198743558 Long EC CORP US N 1 N N N REVOLUTION Medicines, Inc. 549300JU3X0LBCQ65892 REVOLUTION Medicines, Inc. 76155X100 34244.00000000 NS USD 1191691.20000000 0.224787882764 Long EC CORP US N 1 N N N Equity Commonwealth 549300YPGVU9PR4L0606 Equity Commonwealth 294628102 83672.00000000 NS USD 2228185.36000000 0.420301055745 Long EC CORP US N 1 N N N ADC Therapeutics SA N/A ADC Therapeutics SA N/A 46759.00000000 NS USD 1542579.41000000 0.290975681930 Long EC CORP CH N 1 N N Globant SA 2221008DCMSPYS42DS88 Globant SA N/A 12086.00000000 NS USD 2166052.92000000 0.408581056773 Long EC CORP LU N 1 N N N Heritage Commerce Corp. 549300CLIS851ELSR406 Heritage Commerce Corp. 426927109 303687.00000000 NS USD 2021036.99000000 0.381226802691 Long EC CORP US N 1 N N N Nexstar Media Group, Inc. 52990083ZRR5UT591988 Nexstar Media Group, Inc., Class A 65336K103 32975.00000000 NS USD 2965441.75000000 0.559369216157 Long EC CORP US N 1 N N Viela Bio, Inc. N/A Viela Bio, Inc. 926613100 34248.00000000 NS USD 961683.84000000 0.181401754315 Long EC CORP US N 1 N N JPMorgan Securities Lending Money Market Fund 5493002FD4HXUJXMRO62 JPMorgan Securities Lending Money Market Fund, Class Agency SL Shares 46645V642 23004098.56000000 NS USD 23004098.56000000 4.339247122257 Long STIV RF US N 1 N N Columbia Banking System, Inc. N/A Columbia Banking System, Inc. 197236102 128855.00000000 NS USD 3073191.75000000 0.579694023764 Long EC CORP US N 1 N N N Universal Insurance Holdings, Inc. 529900GGAZ6WVUCWQM46 Universal Insurance Holdings, Inc. 91359V107 90000.00000000 NS USD 1245600.00000000 0.234956662239 Long EC CORP US N 1 N N N Bandwidth, Inc. 549300QC70JB7MUGXM66 Bandwidth, Inc., Class A 05988J103 18807.00000000 NS USD 3283137.99000000 0.619296037091 Long EC CORP US N 1 N N N Clementia Pharmaceuticals, Inc. N/A Clementia Pharmaceuticals, Inc. 185CVR016 50854.00000000 NS USD 0.05000000 0.000000009431 Long CORP CA N 3 N N N Valvoline, Inc. 549300CMHPBEY6VPOT75 Valvoline, Inc. 92047W101 153571.00000000 NS USD 2923991.84000000 0.551550548443 Long EC CORP US N 1 N N N TherapeuticsMD, Inc. 5299004JS7RE49QHRW30 TherapeuticsMD, Inc. 88338N107 305833.00000000 NS USD 483216.14000000 0.091148724626 Long EC CORP US N 1 N N N Third Point Reinsurance Ltd. N/A Third Point Reinsurance Ltd. N/A 202367.00000000 NS USD 1406450.65000000 0.265297808548 Long EC CORP BM N 1 N N N Urban Outfitters, Inc. 549300N3DUFR5U6NRN38 Urban Outfitters, Inc. 917047102 81283.00000000 NS USD 1691499.23000000 0.319066324069 Long EC CORP US N 1 N N N First Financial Bancorp 549300D3F5B3EZMY7P77 First Financial Bancorp 320209109 146076.00000000 NS USD 1753642.38000000 0.330788343261 Long EC CORP US N 1 N N N Cree, Inc. 549300OGU88P3AW3TO93 Cree, Inc. 225447101 25775.00000000 NS USD 1642898.50000000 0.309898802150 Long EC CORP US N 1 N N Freshpet, Inc. 549300S4ZK8ZQ6HNPN59 Freshpet, Inc. 358039105 33021.00000000 NS USD 3686794.65000000 0.695437512304 Long EC CORP US N 1 N N N G1 Therapeutics, Inc. 529900TC35UPZQYRKW13 G1 Therapeutics, Inc. 3621LQ109 52483.00000000 NS USD 606178.65000000 0.114343057421 Long EC CORP US N 1 N N Rayonier, Inc. HGV8VDVNL0W6SF2U9C50 Rayonier, Inc. 754907103 105074.00000000 NS USD 2778156.56000000 0.524041740940 Long EC CORP US N 1 N N N ITT, Inc. 549300KDSERHTJOXUS80 ITT, Inc. 45073V108 96912.00000000 NS USD 5722653.60000000 1.079460171008 Long EC CORP US N 1 N N N Planet Fitness, Inc. 549300LLE5HUPF6H8G33 Planet Fitness, Inc., Class A 72703H101 20701.00000000 NS USD 1275595.62000000 0.240614715191 Long EC CORP US N 1 N N N Middlesex Water Co. N/A Middlesex Water Co. 596680108 39410.00000000 NS USD 2449331.50000000 0.462015698424 Long EC CORP US N 1 N N Proofpoint, Inc. 529900C5FODDK0WSR085 Proofpoint, Inc. 743424103 10015.00000000 NS USD 1057083.25000000 0.199396878716 Long EC CORP US N 1 N N N Spirit Airlines, Inc. 549300DCAFIXFNFR3304 Spirit Airlines, Inc. 848577102 56921.00000000 NS USD 916428.10000000 0.172865195535 Long EC CORP US N 1 N N First Merchants Corp. TZTBT0OTGQ2FEK6XMX94 First Merchants Corp. 320817109 108298.00000000 NS USD 2508181.68000000 0.473116566974 Long EC CORP US N 1 N N N Columbia Sportswear Co. 549300OTMCIEUXAH5Z60 Columbia Sportswear Co. 198516106 10941.00000000 NS USD 951648.18000000 0.179508734745 Long EC CORP US N 1 N N N Simmons First National Corp. 549300IVR5AJKUVOGN05 Simmons First National Corp., Class A 828730200 192193.00000000 NS USD 3047220.02000000 0.574794994386 Long EC CORP US N 1 N N N ACADIA Pharmaceuticals, Inc. 529900O3044NO0PEA039 ACADIA Pharmaceuticals, Inc. 004225108 24510.00000000 NS USD 1011037.50000000 0.190711300898 Long EC CORP US N 1 N N Fabrinet 5493004TETZ6IYF7CV44 Fabrinet N/A 42315.00000000 NS USD 2667114.45000000 0.503095944912 Long EC CORP KY N 1 N N N JPMorgan U.S. Government Money Market Fund 549300NQ5E5B7ZV4T516 JPMorgan U.S. Government Money Market Fund, Share Class IM 4812C2270 3415907.00000000 NS USD 3415907.00000000 0.644340163166 Long STIV RF US N 1 N N UniFirst Corp. 5493003XBTNWBC8UK019 UniFirst Corp. 904708104 9249.00000000 NS USD 1751483.13000000 0.330381045434 Long EC CORP US N 1 N N N MKS Instruments, Inc. 549300KEQATBHAGVF505 MKS Instruments, Inc. 55306N104 25404.00000000 NS USD 2774878.92000000 0.523423481985 Long EC CORP US N 1 N N N CNX Resources Corp. 549300JK3KH8PWM3B226 CNX Resources Corp. 12653C108 205559.00000000 NS USD 1940476.96000000 0.366030820226 Long EC CORP US N 1 N N N nCino, Inc. 549300WVRR2WR3L6MZ46 nCino, Inc. 63947U107 6048.00000000 NS USD 481904.64000000 0.090901337292 Long EC CORP US N 1 N N CyberArk Software Ltd. 529900YEXNDM894PWS93 CyberArk Software Ltd. N/A 17684.00000000 NS USD 1828879.28000000 0.344980227414 Long EC CORP IL N 1 N N N Nevro Corp. 254900SH91I4BOYKUE38 Nevro Corp. 64157F103 22603.00000000 NS USD 3148597.90000000 0.593917833428 Long EC CORP US N 1 N N N Heron Therapeutics, Inc. 549300DR2I1DOPD2IX53 Heron Therapeutics, Inc. 427746102 88304.00000000 NS USD 1308665.28000000 0.246852622171 Long EC CORP US N 1 N N Outset Medical, Inc. N/A Outset Medical, Inc. 690145107 9525.00000000 NS USD 476250.00000000 0.089834706480 Long EC CORP US N 1 N N Texas Roadhouse, Inc. 5299002Y1CNRPDGXTQ75 Texas Roadhouse, Inc. 882681109 86883.00000000 NS USD 5281617.57000000 0.996267851214 Long EC CORP US N 1 N N Watts Water Technologies, Inc. 549300REJOO94ERQN318 Watts Water Technologies, Inc., Class A 942749102 36774.00000000 NS USD 3682916.10000000 0.694705904113 Long EC CORP US N 1 N N N First Commonwealth Financial Corp. 549300ZHLQ42NXDETL24 First Commonwealth Financial Corp. 319829107 273207.00000000 NS USD 2114622.18000000 0.398879712034 Long EC CORP US N 1 N N N RealReal, Inc. (The) 549300O00VUGT4H1PE90 RealReal, Inc. (The) 88339P101 77658.00000000 NS USD 1123711.26000000 0.211964873932 Long EC CORP US N 1 N N N Kontoor Brands, Inc. 549300M0CPXV65RFF271 Kontoor Brands, Inc. 50050N103 93921.00000000 NS USD 2272888.20000000 0.428733321383 Long EC CORP US N 1 N N Allison Transmission Holdings, Inc. 529900RP7DJ882LI9T83 Allison Transmission Holdings, Inc. 01973R101 60432.00000000 NS USD 2123580.48000000 0.400569509937 Long EC CORP US N 1 N N N Marten Transport Ltd. N/A Marten Transport Ltd. 573075108 133847.00000000 NS USD 2184383.04000000 0.412038654568 Long EC CORP US N 1 N N N Evercore, Inc. 529900P6KLPT95DW3W58 Evercore, Inc., Class A 29977A105 29953.00000000 NS USD 1960723.38000000 0.369849888358 Long EC CORP US N 1 N N N Safety Insurance Group, Inc. 254900LDCFLA3J746840 Safety Insurance Group, Inc. 78648T100 26059.00000000 NS USD 1800416.31000000 0.339611277166 Long EC CORP US N 1 N N N Johnson Outdoors, Inc. N/A Johnson Outdoors, Inc., Class A 479167108 9150.00000000 NS USD 749293.50000000 0.141338712104 Long EC CORP US N 1 N N N Elastic NV N/A Elastic NV N/A 26829.00000000 NS USD 2894580.81000000 0.546002766297 Long EC CORP NL N 1 N N N Selective Insurance Group, Inc. 549300R3WGJWLE40R258 Selective Insurance Group, Inc. 816300107 54947.00000000 NS USD 2829221.03000000 0.533673996424 Long EC CORP US N 1 N N CSG Systems International, Inc. 549300D7FJZUOHHXUA81 CSG Systems International, Inc. 126349109 50000.00000000 NS USD 2047500.00000000 0.386218501874 Long EC CORP US N 1 N N N Jamf Holding Corp. N/A Jamf Holding Corp. 47074L105 12393.00000000 NS USD 466100.73000000 0.087920256734 Long EC CORP US N 1 N N Revance Therapeutics, Inc. 549300N33TFDZHS81H11 Revance Therapeutics, Inc. 761330109 80164.00000000 NS USD 2015322.96000000 0.380148969184 Long EC CORP US N 1 N N N Utah Medical Products, Inc. 5493002R27BBGV8DID60 Utah Medical Products, Inc. 917488108 29423.00000000 NS USD 2350015.01000000 0.443281697946 Long EC CORP US N 1 N N N Oxford Industries, Inc. IDZ20O0XD3GS4UOI2L88 Oxford Industries, Inc. 691497309 55747.00000000 NS USD 2249948.92000000 0.424406300941 Long EC CORP US N 1 N N Advanced Drainage Systems, Inc. 6QQTOZ5MF5DHM7K92I60 Advanced Drainage Systems, Inc. 00790R104 69475.00000000 NS USD 4338019.00000000 0.818277508807 Long EC CORP US N 1 N N N City Holding Co. N/A City Holding Co. 177835105 27685.00000000 NS USD 1594932.85000000 0.300851074929 Long EC CORP US N 1 N N N SolarEdge Technologies, Inc. 5493000K6Y58XXPDF853 SolarEdge Technologies, Inc. 83417M104 12912.00000000 NS USD 3077575.20000000 0.580520870891 Long EC CORP US N 1 N N N Natera, Inc. N/A Natera, Inc. 632307104 62521.00000000 NS USD 4516517.04000000 0.851947470027 Long EC CORP US N 1 N N N Cheesecake Factory, Inc. (The) 529900872XMLK10SY247 Cheesecake Factory, Inc. (The) 163072101 42643.00000000 NS USD 1182916.82000000 0.223132777564 Long EC CORP US N 1 N N eHealth, Inc. 5299003O8Y5OKXUZQ421 eHealth, Inc. 28238P109 15993.00000000 NS USD 1263447.00000000 0.238323129444 Long EC CORP US N 1 N N Relay Therapeutics, Inc. N/A Relay Therapeutics, Inc. 75943R102 40369.00000000 NS USD 1719315.71000000 0.324313327358 Long EC CORP US N 1 N N Blueprint Medicines Corp. 5299004CC60O9T5HVM83 Blueprint Medicines Corp. 09627Y109 31137.00000000 NS USD 2886399.90000000 0.544459606930 Long EC CORP US N 1 N N N RLJ Lodging Trust N/A RLJ Lodging Trust 74965L101 178780.00000000 NS USD 1548234.80000000 0.292042454215 Long EC CORP US N 1 N N N REGENXBIO, Inc. 549300EOES47LATSET33 REGENXBIO, Inc. 75901B107 30522.00000000 NS USD 839965.44000000 0.158442097124 Long EC CORP US N 1 N N N Graphic Packaging Holding Co. N/A Graphic Packaging Holding Co. 388689101 172479.00000000 NS USD 2430229.11000000 0.458412427876 Long EC CORP US N 1 N N N Lithia Motors, Inc. SE8N1EZEHPZQBCBVKD53 Lithia Motors, Inc., Class A 536797103 26473.00000000 NS USD 6034255.62000000 1.138237443460 Long EC CORP US N 1 N N N Camden National Corp. 549300ZVEDL2L8UW4F28 Camden National Corp. 133034108 103178.00000000 NS USD 3118555.05000000 0.588250871514 Long EC CORP US N 1 N N N CubeSmart N/A CubeSmart 229663109 38856.00000000 NS USD 1255437.36000000 0.236812276618 Long EC CORP US N 1 N N N Independent Bank Corp. 549300C5K3W8THR3GE10 Independent Bank Corp. 453836108 54920.00000000 NS USD 2876709.60000000 0.542631732376 Long EC CORP US N 1 N N Pactiv Evergreen, Inc. N/A Pactiv Evergreen, Inc. 69526K105 81304.00000000 NS USD 1032560.80000000 0.194771226017 Long EC CORP US N 1 N N Cimpress plc 549300X1IFD75XISOR81 Cimpress plc N/A 25766.00000000 NS USD 1936572.56000000 0.365294335968 Long EC CORP IE N 1 N N WSFS Financial Corp. 549300SU7VQHD6QRG886 WSFS Financial Corp. 929328102 126418.00000000 NS USD 3409493.46000000 0.643130381574 Long EC CORP US N 1 N N N Floor & Decor Holdings, Inc. 549300M5FR3N688XGQ36 Floor & Decor Holdings, Inc., Class A 339750101 22771.00000000 NS USD 1703270.80000000 0.321286787136 Long EC CORP US N 1 N N N Fox Factory Holding Corp. 529900GE1HSV0617R721 Fox Factory Holding Corp. 35138V102 24821.00000000 NS USD 1844944.93000000 0.348010679807 Long EC CORP US N 1 N N N National Vision Holdings, Inc. 549300JHURCBLI5ROA42 National Vision Holdings, Inc. 63845R107 103381.00000000 NS USD 3953289.44000000 0.745706239313 Long EC CORP US N 1 N N N First Busey Corp. 549300X4ZNLYSX7GUY60 First Busey Corp. 319383204 173327.00000000 NS USD 2754166.03000000 0.519516423941 Long EC CORP US N 1 N N N Smartsheet, Inc. 549300N9WF42OK9VL589 Smartsheet, Inc., Class A 83200N103 48094.00000000 NS USD 2376805.48000000 0.448335165681 Long EC CORP US N 1 N N N ONE Gas, Inc. 549300HXDWI0LATTX840 ONE Gas, Inc. 68235P108 47168.00000000 NS USD 3255063.68000000 0.614000399509 Long EC CORP US N 1 N N N Alector, Inc. 549300Z8RQOIY1JMHC25 Alector, Inc. 014442107 33344.00000000 NS USD 351279.04000000 0.066261521156 Long EC CORP US N 1 N N N Equitrans Midstream Corp. 549300RH0NLJNZ5SXU64 Equitrans Midstream Corp. 294600101 195511.00000000 NS USD 1654023.06000000 0.311997220170 Long EC CORP US N 1 N N N FTI Consulting, Inc. 549300K17GM8EQD0FQ48 FTI Consulting, Inc. 302941109 13989.00000000 NS USD 1482414.33000000 0.279626784708 Long EC CORP US N 1 N N N American Homes 4 Rent 549300ZJUO7A58PNUW40 American Homes 4 Rent, Class A 02665T306 128670.00000000 NS USD 3664521.60000000 0.691236162363 Long EC CORP US N 1 N N N Rubius Therapeutics, Inc. 549300ER84PB0QV6HZ76 Rubius Therapeutics, Inc. 78116T103 72979.00000000 NS USD 365624.79000000 0.068967550008 Long EC CORP US N 1 N N SiteOne Landscape Supply, Inc. 5299008LX7SBD4HIAU03 SiteOne Landscape Supply, Inc. 82982L103 25401.00000000 NS USD 3097651.95000000 0.584307934289 Long EC CORP US N 1 N N N Rush Enterprises, Inc. 529900V3XHTN7A6DFT17 Rush Enterprises, Inc., Class A 781846209 34896.00000000 NS USD 1763643.84000000 0.332674911709 Long EC CORP US N 1 N N N Stepan Co. IZU1EW9GB3WC7CYCSR17 Stepan Co. 858586100 27472.00000000 NS USD 2994448.00000000 0.564840644933 Long EC CORP US N 1 N N N iRhythm Technologies, Inc. 549300FJI72RJGDQS384 iRhythm Technologies, Inc. 450056106 19170.00000000 NS USD 4564568.70000000 0.861011421254 Long EC CORP US N 1 N N N Acadia Healthcare Co., Inc. 5493005CW985Y9D0NC11 Acadia Healthcare Co., Inc. 00404A109 46164.00000000 NS USD 1360914.72000000 0.256708397722 Long EC CORP US N 1 N N N Mueller Industries, Inc. 5493005IZFE4VJLLYG84 Mueller Industries, Inc. 624756102 84586.00000000 NS USD 2288897.16000000 0.431753080381 Long EC CORP US N 1 N N N Simpson Manufacturing Co., Inc. 529900EJUNNL15LZ8056 Simpson Manufacturing Co., Inc. 829073105 59952.00000000 NS USD 5824936.32000000 1.098753689390 Long EC CORP US N 1 N N N National Presto Industries, Inc. N/A National Presto Industries, Inc. 637215104 16808.00000000 NS USD 1375902.88000000 0.259535603926 Long EC CORP US N 1 N N N Generation Bio Co. N/A Generation Bio Co. 37148K100 17517.00000000 NS USD 541450.47000000 0.102133425818 Long EC CORP US N 1 N N Encompass Health Corp. 549300FVRPM9DRQZRG64 Encompass Health Corp. 29261A100 45732.00000000 NS USD 2971665.36000000 0.560543171385 Long EC CORP US N 1 N N N James River Group Holdings Ltd. N/A James River Group Holdings Ltd. N/A 27381.00000000 NS USD 1219275.93000000 0.229991171211 Long EC CORP BM N 1 N N N Onto Innovation, Inc. 549300V1USTYXJ7TNR79 Onto Innovation, Inc. 683344105 80257.00000000 NS USD 2390053.46000000 0.450834122941 Long EC CORP US N 1 N N N Viavi Solutions, Inc. 5493006K3E3N1QOBF092 Viavi Solutions, Inc. 925550105 142133.00000000 NS USD 1667220.09000000 0.314486566766 Long EC CORP US N 1 N N N Applied Industrial Technologies, Inc. 549300NU173IJRC6PO38 Applied Industrial Technologies, Inc. 03820C105 75765.00000000 NS USD 4174651.50000000 0.787461610832 Long EC CORP US N 1 N N N Steven Madden Ltd. 549300Z9GZ7GYJWSGF43 Steven Madden Ltd. 556269108 89448.00000000 NS USD 1744236.00000000 0.329014024339 Long EC CORP US N 1 N N N Accolade, Inc. N/A Accolade, Inc. 00437E102 43241.00000000 NS USD 1680777.67000000 0.317043923659 Long EC CORP US N 1 N N N Ensign Group, Inc. (The) 5493003K4HEEA8Q0BC72 Ensign Group, Inc. (The) 29358P101 49128.00000000 NS USD 2803243.68000000 0.528773906949 Long EC CORP US N 1 N N N I3 Verticals, Inc. 549300944CYWVP06CJ97 I3 Verticals, Inc., Class A 46571Y107 38521.00000000 NS USD 972655.25000000 0.183471283758 Long EC CORP US N 1 N N Allogene Therapeutics, Inc. N/A Allogene Therapeutics, Inc. 019770106 26496.00000000 NS USD 999164.16000000 0.188471641026 Long EC CORP US N 1 N N Matador Resources Co. 549300CI3Q2UUK5R4G79 Matador Resources Co. 576485205 287913.00000000 NS USD 2378161.38000000 0.448590928156 Long EC CORP US N 1 N N N Cullen/Frost Bankers, Inc. 529900V2E9G9AY665O34 Cullen/Frost Bankers, Inc. 229899109 21490.00000000 NS USD 1374285.50000000 0.259230518660 Long EC CORP US N 1 N N N Personalis, Inc. 549300EZ2NYFK7H0US48 Personalis, Inc. 71535D106 78684.00000000 NS USD 1705082.28000000 0.321628485350 Long EC CORP US N 1 N N N Ping Identity Holding Corp. N/A Ping Identity Holding Corp. 72341T103 50245.00000000 NS USD 1568146.45000000 0.295798374915 Long EC CORP US N 1 N N N ePlus, Inc. 529900FFY8AAFJ21NE91 ePlus, Inc. 294268107 25639.00000000 NS USD 1876774.80000000 0.354014726062 Long EC CORP US N 1 N N N M/I Homes, Inc. 5299005M71FH9CCSFB69 M/I Homes, Inc. 55305B101 25407.00000000 NS USD 1169992.35000000 0.220694843771 Long EC CORP US N 1 N N N Heritage Financial Corp. N/A Heritage Financial Corp. 42722X106 38028.00000000 NS USD 699334.92000000 0.131915059883 Long EC CORP US N 1 N N N Helen of Troy Ltd. N/A Helen of Troy Ltd. N/A 29366.00000000 NS USD 5682908.32000000 1.071963046467 Long EC CORP BM N 1 N N N Upland Software, Inc. 549300NS277POYJ63W89 Upland Software, Inc. 91544A109 82769.00000000 NS USD 3120391.30000000 0.588597242075 Long EC CORP US N 1 N N N Trex Co., Inc. N/A Trex Co., Inc. 89531P105 37846.00000000 NS USD 2709773.60000000 0.511142710726 Long EC CORP US N 1 N N Primo Water Corp. 5493005TMUI9D3MY9I37 Primo Water Corp. 74167P108 103254.00000000 NS USD 1466206.80000000 0.276569569589 Long EC CORP CA N 1 N N N Biohaven Pharmaceutical Holding Co. Ltd. 5299007STZTNN32O9920 Biohaven Pharmaceutical Holding Co. Ltd. N/A 35799.00000000 NS USD 2327292.99000000 0.438995659106 Long EC CORP VG N 1 N N N Ollie's Bargain Outlet Holdings, Inc. 529900YO5DSQCPEFDZ05 Ollie's Bargain Outlet Holdings, Inc. 681116109 22662.00000000 NS USD 1979525.70000000 0.373396556911 Long EC CORP US N 1 N N Enphase Energy, Inc. 5493008U7KIGMI59Z314 Enphase Energy, Inc. 29355A107 40419.00000000 NS USD 3338205.21000000 0.629683328525 Long EC CORP US N 1 N N N 2020-10-30 JPMorgan Trust I Timothy J. Clemens Timothy J. Clemens Treasurer and Principal Financial Officer XXXX NPORT-EX 2 HG_SCB.htm HTML

JPMorgan Small Cap Blend Fund

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF SEPTEMBER 30, 2020 (Unaudited)

 

Investments

    Shares (000)      Value ($000)  

COMMON STOCKS — 97.7%

 

Aerospace & Defense — 0.7%

 

Curtiss-Wright Corp.

      27        2,526  

National Presto Industries, Inc.

      17        1,376  
     

 

 

  
        3,902  
     

 

 

  

Airlines — 0.4%

      

Allegiant Travel Co. (a)

      8        1,008  

Spirit Airlines, Inc. * (a)

      57        916  
     

 

 

  
        1,924  
     

 

 

  

Auto Components — 0.6%

      

Fox Factory Holding Corp. *

      25        1,845  

LCI Industries

      12        1,283  
     

 

 

  
        3,128  
     

 

 

  

Automobiles — 0.4%

      

Winnebago Industries, Inc.

      43        2,213  
     

 

 

  

Banks — 7.7%

      

BancFirst Corp.

      64        2,605  

Camden National Corp.

      103        3,118  

City Holding Co.

      28        1,595  

Columbia Banking System, Inc.

      129        3,073  

Community Trust Bancorp, Inc.

      64        1,803  

Cullen/Frost Bankers, Inc.

      21        1,374  

First Busey Corp.

      173        2,754  

First Commonwealth Financial Corp.

      273        2,115  

First Financial Bancorp

      146        1,754  

First Financial Bankshares, Inc.

      61        1,697  

First Hawaiian, Inc.

      96        1,386  

First Merchants Corp.

      108        2,508  

Heritage Commerce Corp.

      304        2,021  

Heritage Financial Corp.

      38        699  

Independent Bank Corp.

      187        2,352  

Independent Bank Corp. (a)

      55        2,877  

Lakeland Bancorp, Inc.

      268        2,669  

Simmons First National Corp., Class A

      192        3,047  

Trustmark Corp.

      69        1,484  
     

 

 

  
        40,931  
     

 

 

  

Beverages — 0.3%

      

Primo Water Corp.

      103        1,466  
     

 

 

  

Biotechnology — 8.6%

      

ACADIA Pharmaceuticals, Inc. * (a)

      25        1,011  

ADC Therapeutics SA (Switzerland) * (a)

      47        1,543  

Alector, Inc. *

      33        351  

Allogene Therapeutics, Inc. * (a)

      26        999  

Amicus Therapeutics, Inc. *

      174        2,454  

Arrowhead Pharmaceuticals, Inc.*

      34        1,464  

Atara Biotherapeutics, Inc. *

      114        1,484  

Avrobio, Inc. * (a)

      80        1,038  

Biohaven Pharmaceutical Holding Co. Ltd. *

      36        2,327  

Blueprint Medicines Corp. *

      31        2,886  

Bridgebio Pharma, Inc. * (a)

      39        1,446  

Coherus Biosciences, Inc. * (a)

      108        1,987  

FibroGen, Inc. *

      44        1,791  

G1 Therapeutics, Inc. * (a)

      52        606  

Generation Bio Co. * (a)

      18        541  

Global Blood Therapeutics, Inc. * (a)

      20        1,103  

Halozyme Therapeutics, Inc. *

      115        3,035  

Heron Therapeutics, Inc. * (a)

      88        1,309  

Homology Medicines, Inc. *

      59        632  

Intercept Pharmaceuticals, Inc. *

      20        841  

Mirati Therapeutics, Inc. *

      9        1,448  

Natera, Inc. *

      63        4,516  

Orchard Therapeutics plc, ADR (United Kingdom) * (a)

      72        296  

REGENXBIO, Inc. *

      31        840  

Relay Therapeutics, Inc. * (a)

      40        1,719  

REVOLUTION Medicines, Inc. *

      34        1,192  

Rubius Therapeutics, Inc. * (a)

      73        366  

Sage Therapeutics, Inc. *

      32        1,948  

Twist Bioscience Corp. * (a)

      47        3,596  

Viela Bio, Inc. * (a)

      34        962  
     

 

 

  
        45,731  
     

 

 

  

Building Products — 3.8%

      

Advanced Drainage Systems, Inc.

      69        4,338  

AZEK Co., Inc. (The) *

      26        917  

CSW Industrials, Inc. (a)

      39        3,041  

Simpson Manufacturing Co., Inc.

      60        5,826  

Trex Co., Inc. * (a)

      38        2,710  

UFP Industries, Inc.

      62        3,510  
     

 

 

  
        20,342  
     

 

 

  

Capital Markets — 1.5%

      

Evercore, Inc., Class A

      30        1,961  

Focus Financial Partners, Inc., Class A*

      42        1,385  

LPL Financial Holdings, Inc.

      45        3,473  

Virtus Investment Partners, Inc.

      8        1,127  
     

 

 

  
        7,946  
     

 

 

  

Chemicals — 2.0%

      

Hawkins, Inc.

      45        2,075  

Innospec, Inc.

      38        2,436  

Stepan Co.

      27        2,994  

Valvoline, Inc.

      154        2,924  
     

 

 

  
        10,429  
     

 

 

  

Commercial Services & Supplies — 2.6%

      

Brady Corp., Class A

      70        2,801  

Cimpress plc (Ireland) * (a)

      26        1,937  

Deluxe Corp.

      58        1,486  

Kimball International, Inc., Class B

      143        1,503  

McGrath RentCorp

      20        1,192  

MSA Safety, Inc.

      23        3,102  

UniFirst Corp.

      9        1,751  
     

 

 

  
        13,772  
     

 

 

  

Communications Equipment — 0.6%

      

Ciena Corp. *

      34        1,336  

Viavi Solutions, Inc.*

      142        1,667  
     

 

 

  
        3,003  
     

 

 

  

Construction & Engineering — 0.7%

      

Comfort Systems USA, Inc.

      71        3,668  
     

 

 

  

Containers & Packaging — 1.0%

      

Graphic Packaging Holding Co.

      172        2,430  

Pactiv Evergreen, Inc. * (a)

      81        1,033  

Silgan Holdings, Inc.

      48        1,775  
     

 

 

  
        5,238  
     

 

 

  

JPMorgan Small Cap Blend Fund

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF SEPTEMBER 30, 2020 (Unaudited) (continued)

 

Investments

    Shares (000)      Value ($000)  

Diversified Consumer Services — 0.3%

 

Bright Horizons Family Solutions, Inc. *

      11        1,634  
     

 

 

  

Diversified Telecommunication Services — 0.6%

      

Bandwidth, Inc., Class A *

      19        3,283  
     

 

 

  

Electric Utilities — 0.3%

      

Portland General Electric Co.

      42        1,479  
     

 

 

  

Electronic Equipment, Instruments & Components — 3.1%

      

CTS Corp.

      126        2,777  

ePlus, Inc. *

      26        1,877  

Fabrinet (Thailand) *

      42        2,667  

Insight Enterprises, Inc. *

      47        2,675  

Itron, Inc. *

      27        1,635  

Littelfuse, Inc.

      14        2,551  

Plexus Corp. *

      31        2,160  
     

 

 

  
        16,342  
     

 

 

  

Equity Real Estate Investment Trusts (REITs) — 6.2%

      

American Campus Communities, Inc.

      70        2,434  

American Homes 4 Rent, Class A

      129        3,665  

Brixmor Property Group, Inc.

      177        2,073  

CubeSmart

      39        1,255  

EastGroup Properties, Inc.

      9        1,159  

Equity Commonwealth

      84        2,228  

Highwoods Properties, Inc.

      58        1,947  

JBG SMITH Properties

      73        1,945  

Rayonier, Inc.

      105        2,778  

Rexford Industrial Realty, Inc.

      78        3,572  

RLJ Lodging Trust

      179        1,548  

Sunstone Hotel Investors, Inc.

      331        2,628  

Terreno Realty Corp.

      73        3,984  

Washington

      84        1,689  
     

 

 

  
        32,905  
     

 

 

  

Food & Staples Retailing — 1.7%

      

BJ’s Wholesale Club Holdings, Inc. *

      52        2,175  

Grocery Outlet Holding Corp. * (a)

      57        2,259  

Performance Food Group Co. *

      131        4,530  
     

 

 

  
        8,964  
     

 

 

  

Food Products — 1.4%

      

Flowers Foods, Inc.

      112        2,734  

Freshpet, Inc. *

      33        3,686  

J&J Snack Foods Corp.

      9        1,193  
     

 

 

  
        7,613  
     

 

 

  

Gas Utilities — 1.5%

      

Chesapeake Utilities Corp.

      24        2,000  

ONE Gas, Inc.

      47        3,255  

Southwest Gas Holdings, Inc.

      44        2,749  
     

 

 

  
        8,004  
     

 

 

  

Health Care Equipment & Supplies — 2.6%

      

iRhythm Technologies, Inc. *

      19        4,564  

Nevro Corp. *

      23        3,149  

Outset Medical, Inc. * (a)

      10        476  

Shockwave Medical, Inc. *

      40        3,068  

Utah Medical Products, Inc.

      29        2,350  
     

 

 

  
        13,607  
     

 

 

  

Health Care Providers & Services — 2.5%

      

Acadia Healthcare Co., Inc. *

      46        1,361  

Amedisys, Inc. *

      13        3,019  

Encompass Health Corp.

      46        2,972  

Ensign Group, Inc. (The)

      49        2,803  

Oak Street Health, Inc. *

      17        935  

Providence Service Corp. (The) *

      22        2,053  
     

 

 

  
        13,143  
     

 

 

  

Health Care Technology — 0.8%

      

Accolade, Inc. *

      43        1,681  

American Well Corp., Class A *

      39        1,165  

Evolent Health, Inc., Class A *

      100        1,237  
     

 

 

  
        4,083  
     

 

 

  

Hotels, Restaurants & Leisure — 2.3%

      

Boyd Gaming Corp.

      86        2,639  

Cheesecake Factory, Inc. (The) (a)

      43        1,183  

Cracker Barrel Old Country Store, Inc.

      16        1,806  

Planet Fitness, Inc., Class A *

      21        1,276  

Texas Roadhouse, Inc. (a)

      87        5,281  
     

 

 

  
        12,185  
     

 

 

  

Household Durables — 2.2%

      

Helen of Troy Ltd. *

      29        5,683  

La-Z-Boy, Inc.

      58        1,828  

M/I Homes, Inc. *

      25        1,170  

MDC Holdings, Inc.

      23        1,070  

TRI Pointe Group, Inc. *

      113        2,055  
     

 

 

  
        11,806  
     

 

 

  

Industrial Conglomerates — 0.3%

      

Carlisle Cos., Inc.

      13        1,608  
     

 

 

  

Insurance — 2.8%

      

eHealth, Inc. * (a)

      16        1,263  

James River Group Holdings Ltd.

      27        1,219  

Lemonade, Inc. * (a)

      22        1,084  

Old Republic International Corp.

      130        1,919  

Palomar Holdings, Inc. *

      10        1,005  

Safety Insurance Group, Inc.

      26        1,800  

Selective Insurance Group, Inc. (a)

      55        2,830  

Selectquote, Inc. *

      66        1,329  

Third Point Reinsurance Ltd. (Bermuda) *

      202        1,406  

Universal Insurance Holdings, Inc.

      90        1,246  
     

 

 

  
        15,101  
     

 

 

  

Interactive Media & Services — 0.2%

      

Cars.com, Inc. *

      157        1,271  
     

 

 

  

Internet & Direct Marketing Retail — 0.5%

      

Farfetch Ltd., Class A (United Kingdom) * (a)

      61        1,524  

RealReal, Inc. (The) *

      78        1,124  
     

 

 

  
        2,648  
     

 

 

  

IT Services — 1.4%

      

CSG Systems International, Inc.

      50        2,048  

I3 Verticals, Inc., Class A * (a)

      40        1,021  

ManTech International Corp., Class A

      37        2,581  

Science Applications International Corp.

      23        1,833  
     

 

 

  
        7,483  
     

 

 

  

Leisure Products — 0.5%

      

Callaway Golf Co. (a)

      99        1,893  

Johnson Outdoors, Inc., Class A

      9        749  
     

 

 

  
        2,642  
     

 

 

  

JPMorgan Small Cap Blend Fund

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF SEPTEMBER 30, 2020 (Unaudited) (continued)

 

Investments

    Shares (000)      Value ($000)  

Life Sciences Tools & Services — 0.7%

      

Adaptive Biotechnologies Corp.*

      13        614  

Berkeley Lights, Inc. *

      18        1,366  

Personalis, Inc. *

      79        1,705  
     

 

 

  
        3,685  
     

 

 

  

Machinery — 6.3%

      

Alamo Group, Inc.

      25        2,746  

Allison Transmission Holdings, Inc.

      60        2,124  

Blue Bird Corp. *

      203        2,470  

Graco, Inc.

      32        1,937  

Hillenbrand, Inc.

      97        2,740  

ITT, Inc.

      97        5,722  

John Bean Technologies Corp.

      36        3,325  

Kadant, Inc.

      28        3,098  

Lincoln Electric Holdings, Inc.

      34        3,095  

Mueller Industries, Inc.

      85        2,289  

Watts Water Technologies, Inc., Class A

      37        3,682  
     

 

 

  
        33,228  
     

 

 

  

Media — 1.1%

      

New York Times Co. (The), Class A

      66        2,832  

Nexstar Media Group, Inc., Class A (a)

      33        2,965  
     

 

 

  
        5,797  
     

 

 

  

Multiline Retail — 0.4%

      

Ollie’s Bargain Outlet Holdings, Inc. * (a)

      23        1,980  
     

 

 

  

Multi-Utilities — 0.4%

      

Unitil Corp.

      48        1,861  
     

 

 

  

Oil, Gas & Consumable Fuels — 2.1%

      

CNX Resources Corp. *

      206        1,940  

Delek US Holdings, Inc. (a)

      81        907  

EQT Corp.

      150        1,945  

Equitrans Midstream Corp.

      196        1,654  

Matador Resources Co. *

      288        2,378  

PDC Energy, Inc. *

      196        2,427  
     

 

 

  
        11,251  
     

 

 

  

Personal Products — 0.3%

      

Inter Parfums, Inc.

      38        1,434  
     

 

 

  

Pharmaceuticals — 1.0%

      

Arvinas, Inc. * (a)

      35        838  

MyoKardia, Inc. *

      11        1,495  

Revance Therapeutics, Inc. *

      80        2,015  

TherapeuticsMD, Inc. *

      306        483  

Tricida, Inc. *

      43        394  
     

 

 

  
        5,225  
     

 

 

  

Professional Services — 0.3%

      

FTI Consulting, Inc. *

      14        1,482  
     

 

 

  

Road & Rail — 1.0%

      

Marten Transport Ltd.

      134        2,184  

Saia, Inc. *

      24        3,075  
     

 

 

  
        5,259  
     

 

 

  

Semiconductors & Semiconductor Equipment — 4.7%

      

Cabot Microelectronics Corp.

      9        1,327  

Cree, Inc. * (a)

      26        1,643  

Enphase Energy, Inc. *

      40        3,338  

Entegris, Inc.

      46        3,444  

FormFactor, Inc. *

      46        1,159  

Inphi Corp. *

      31        3,521  

MKS Instruments, Inc.

      25        2,775  

Onto Innovation, Inc. *

      80        2,390  

Semtech Corp. *

      38        2,026  

SolarEdge Technologies, Inc. *

      13        3,078  
     

 

 

  
        24,701  
     

 

 

  

Software — 7.0%

      

Anaplan, Inc. *

      39        2,450  

Avalara, Inc. *

      11        1,460  

Bill.Com Holdings, Inc. *

      15        1,525  

Blackline, Inc. *

      31        2,820  

CyberArk Software Ltd. *

      18        1,829  

Duck Creek Technologies, Inc. * (a)

      38        1,719  

Elastic NV *

      27        2,895  

Envestnet, Inc. *

      40        3,104  

Everbridge, Inc. * (a)

      21        2,581  

Globant SA (Argentina) *

      12        2,166  

Jamf Holding Corp. * (a)

      12        466  

JFrog Ltd. (Israel) *

      12        1,024  

Medallia, Inc. * (a)

      54        1,478  

nCino, Inc. * (a)

      6        482  

Nuance Communications, Inc. *

      51        1,686  

Ping Identity Holding Corp. *

      50        1,568  

Proofpoint, Inc. *

      10        1,057  

Smartsheet, Inc., Class A *

      48        2,377  

Upland Software, Inc. *

      83        3,119  

Vertex, Inc., Class A * (a)

      20        456  

Zendesk, Inc. *

      9        967  
     

 

 

  
        37,229  
     

 

 

  

Specialty Retail — 3.4%

      

Aaron’s, Inc.

      26        1,463  

Floor & Decor Holdings, Inc., Class A *

      23        1,703  

Lithia Motors, Inc., Class A

      26        6,034  

National Vision Holdings, Inc. *

      103        3,953  

Urban Outfitters, Inc. *

      81        1,691  

Vroom, Inc. *

      19        988  

Williams-Sonoma, Inc. (a)

      23        2,122  
     

 

 

  
        17,954  
     

 

 

  

Technology Hardware, Storage & Peripherals — 0.2%

      

Corsair Gaming, Inc. *

      66        1,320  
     

 

 

  

Textiles, Apparel & Luxury Goods — 2.0%

      

Carter’s, Inc.

      39        3,396  

Columbia Sportswear Co.

      11        952  

Kontoor Brands, Inc. (a)

      94        2,273  

Oxford Industries, Inc. (a)

      56        2,250  

Steven Madden Ltd.

      89        1,744  
     

 

 

  
        10,615  
     

 

 

  

Thrifts & Mortgage Finance — 2.2%

      

PennyMac Financial Services, Inc.

      44        2,563  

Premier Financial Corp.

      209        3,249  

Radian Group, Inc.

      176        2,572  

WSFS Financial Corp.

      126        3,409  
     

 

 

  
        11,793  
     

 

 

  

JPMorgan Small Cap Blend Fund

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF SEPTEMBER 30, 2020 (Unaudited) (continued)

 

Investments

    Shares (000)      Value ($000)  

Trading Companies & Distributors — 1.7%

      

Applied Industrial Technologies, Inc.

      76        4,174  

Rush Enterprises, Inc., Class A

      35        1,764  

SiteOne Landscape Supply, Inc. *

      25        3,098  
     

 

 

  
        9,036  
     

 

 

  

Water Utilities — 0.8%

      

American States Water Co.

      27        2,035  

Middlesex Water Co. (a)

      39        2,450  
     

 

 

  
        4,485  
     

 

 

  

TOTAL COMMON STOCKS

(Cost $455,136)

         517,829  
     

 

 

  
      No. of
Rights (000)		         

RIGHTS — 0.0% (b)

      

Biotechnology — 0.0% (b)

      

Clementia Pharmaceuticals, Inc. (Canada) * ‡ (Cost $—)

      51        – (c) 
     

 

 

  
      Shares (000)         

SHORT-TERM INVESTMENTS — 7.4%

      

INVESTMENT COMPANIES — 2.4%

      

JPMorgan Prime Money Market Fund Class IM Shares, 0.23% (d) (e)

(Cost $12,968)

      12,965        12,974  
     

 

 

  

INVESTMENT OF CASH COLLATERAL FROM SECURITIES LOANED — 5.0%

      

JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.29% (d) (e)

      23,005        23,010  

JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.06% (d) (e)

      3,416        3,416  
     

 

 

  

TOTAL INVESTMENT OF CASH COLLATERAL FROM SECURITIES LOANED

(Cost $26,430)

         26,426  
     

 

 

  

TOTAL SHORT-TERM INVESTMENTS

(Cost $39,398)

         39,400  
     

 

 

  

Total Investments — 105.1%

(Cost $494,534)

         557,229  

Liabilities in Excess of Other Assets — (5.1)%

         (26,882 ) 
     

 

 

  

Net Assets — 100.0%

         530,347  
     

 

 

  

 

Percentages indicated are based on net assets.

JPMorgan Small Cap Blend Fund

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF SEPTEMBER 30, 2020 (Unaudited) (continued)

 

Abbreviations
ADR    American Depositary Receipt

 

(a)

The security or a portion of this security is on loan at September 30, 2020. The total value of securities on loan at September 30, 2020 is approximately $25,881,000.

(b)

Amount rounds to less than 0.1% of net assets.

(c)

Amount rounds to less than one thousand.

(d)

Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc.

(e)

The rate shown is the current yield as of September 30, 2020.

*

Non-income producing security.

‡

Value determined using significant unobservable inputs.

A. Valuation of Investments — Investments are valued in accordance with U.S. generally accepted accounting principles (“GAAP”) and the Fund’s valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the “Board”), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.

J.P. Morgan Investment Management Inc. (the “Administrator”) has established the J.P. Morgan Asset Management Americas Valuation Committee (“AVC”) to assist the Board with the oversight and monitoring of the valuation of the Fund’s investments. The Administrator implements the valuation policies of the Fund’s investments, as directed by the Board. The AVC oversees and carries out the policies for the valuation of investments held in the Fund. This includes monitoring the appropriateness of fair values based on results of ongoing valuation oversight including, but not limited to, consideration of macro or security specific events, market events, and pricing vendor and broker due diligence. The Administrator is responsible for discussing and assessing the potential impacts to the fair values on an ongoing basis, and, at least on a quarterly basis, with the AVC and the Board.

A market-based approach is primarily used to value the Fund’s investments. Investments for which market quotations are not readily available are fair valued by approved affiliated and/or unaffiliated pricing vendors or third party broker-dealers (collectively referred to as “Pricing Services”) or may be internally fair valued using methods set forth by the valuation policies approved by the Board. This may include the use of related or comparable assets or liabilities, recent transactions, market multiples, book values and other relevant information for the investment. An income-based valuation approach may be used in which the anticipated future cash flows of the investment are discounted to calculate the fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Valuations may be based upon current market prices of securities that are comparable in coupon, rating, maturity and industry. It is possible that the estimated values may differ significantly from the values that would have been used had a ready market for the investments existed, and such differences could be material.

Equities and other exchange-traded instruments are valued at the last sale price or official market closing price on the primary exchange on which the instrument is traded before the net asset values (“NAV”) of the Fund are calculated on a valuation date.

Investments in open-end investment companies (“Underlying Funds”) are valued at each Underlying Fund’s NAV per share as of the report date.

Valuations reflected in this report are as of the report date. As a result, changes in valuation due to market events and/or issuer-related events after the report date and prior to issuance of the report are not reflected herein.

The various inputs that are used in determining the valuation of the Fund’s investments are summarized into the three broad levels listed below.

 

•  

Level 1 — Unadjusted inputs using quoted prices in active markets for identical investments.

 

•  

Level 2 — Other significant observable inputs including, but not limited to, quoted prices for similar investments, inputs other than quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risk, etc.) or other market corroborated inputs.

 

•  

Level 3 — Significant inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund’s assumptions in determining the fair value of investments).

A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used for valuing instruments are not necessarily an indication of the risk associated with investing in those instruments.

The following table represents each valuation input as presented on the Schedule of Portfolio Investments (amounts in thousands):

 

     Level 1
Quoted prices		      Level 2
Other significant observable
inputs		      Level 3
Significant unobservable
inputs		     Total  

Investments in Securities

 

Common Stocks

    $ 517,829      $ —        $ —       $ 517,829  

Rights

      —          —          —   (a)      —   (a) 

Short-Term Investments

           

Investment Companies

      12,974        —          —         12,974  

Investment of cash collateral from securities loaned

      26,426        —          —         26,426  
  

 

 

     

 

 

     

 

 

    

 

 

  

Total Short-Term Investments

      39,400        —          —         39,400  
  

 

 

     

 

 

     

 

 

    

 

 

  

Total Investments in Securities

    $ 557,229      $ —        $ —   (a)    $ 557,229  
  

 

 

     

 

 

     

 

 

    

 

 

  

 

(a)

Amount rounds to less than one thousand.

B. Investment Transactions with Affiliates — The Fund invested in Underlying Funds which are advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuers listed in the table below to be affiliated issuers. Underlying Funds’ distributions may be reinvested into the Underlying Funds. Reinvestment amounts are included in the purchase cost amounts in the table below. Amounts in the table below are in thousands.

 

For the period ended September 30, 2020

  

Security Description

   Value at
June  30,
2020		     Purchases
at Cost		     Proceeds
from Sales		     Net Realized
Gain (Loss)		     Change in
Unrealized
Appreciation/
(Depreciation)		     Value at
September 30,
2020		     Shares at
September 30,
2020		     Dividend
Income		     Capital Gain
Distributions		  

JPMorgan Prime Money Market Fund Class IM Shares, 0.23% (a) (b)

   $ 17,254     $ 33,187     $ 37,464     $ (2 )    $ (1 )    $ 12,974       12,965     $ 10     $ —    

JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.29% (a) (b)

     28,015       17,000       22,000       1       (6 )      23,010       23,005       23       —    

JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.06% (a) (b)

     6,247       33,661       36,492       —         —         3,416       3,416       1       —    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  

Total

   $ 51,516     $ 83,848     $ 95,956     $ (1 )    $ (7 )    $ 39,400       $ 34     $ —    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  

 

(a)

Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc.

(b)

The rate shown is the current yield as of September 30, 2020.