Banco Santander S.A. ADR

NPORT-P false 0001545440 XXXXXXXX S000068289 C000218613 Ultimus Managers Trust 811-22680 0001545440 549300FU214TAR7BFY91 225 Pictoria Drive Suite 450 Cincinnati 45246 513-587-3400 BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND S000068289 549300SN3BLRR6DNB365 2026-02-28 2025-05-31 N 179404776.25 193551.73 179211224.52 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 0.00 N Banco Santander, S.A. 5493006QMFDDMYWIAM13 Banco Santander S.A. ADR 05964H105 56737.00000000 NS USD 452193.89000000 0.252324535592 Long EC CORP ES N 1 N N N Costco Wholesale Corporation 29DX7H14B9S6O3FD6V18 Costco Wholesale Corporation 22160K105 1756.00000000 NS USD 1826556.08000000 1.019219686095 Long EC CORP US N 1 N N N Old National Bancorp 549300MMK90CL5KMVX16 Old National Bancorp 680033107 7617.00000000 NS USD 158890.62000000 0.088661087175 Long EC CORP US N 1 N N N Doximity Inc N/A Doximity, Inc. 26622P107 2028.00000000 NS USD 105638.52000000 0.058946374750 Long EC CORP US N 1 N N N Zurn Elkay Water Solutions Corporation 549300AM3633XDFU1Q85 Zurn Elkay Water Solutions Corporation 98983L108 2933.00000000 NS USD 106145.27000000 0.059229141636 Long EC CORP US N 1 N N N Iron Mountain Inc. SQL3F6CKNNBM3SQGHX24 Iron Mountain, Inc. 46284V101 3433.00000000 NS USD 338871.43000000 0.189090516460 Long EC CORP US N 1 N N N TD Synnex Corp 5493004HI6PFLF46NS53 SYNNEX Corporation 87162W100 870.00000000 NS USD 105565.80000000 0.058905796934 Long EC CORP US N 1 N N N Tesla Inc 54930043XZGB27CTOV49 Tesla, Inc. 88160R101 7645.00000000 NS USD 2648686.70000000 1.477969199247 Long EC CORP US N 1 N N N Mastec, Inc. 549300TMDIT8WREDOF45 MasTec, Inc. 576323109 2060.00000000 NS USD 321215.80000000 0.179238661451 Long EC CORP US N 1 N N N Walt Disney Company 549300GZKULIZ0WOW665 Walt Disney Company (The) 254687106 5222.00000000 NS USD 590294.88000000 0.329384993368 Long EC CORP US N 1 N N N Maplebear Inc. N/A Maplebear Incorporated 565394103 4976.00000000 NS USD 227253.92000000 0.126807860728 Long EC CORP US N 1 N N N Applied Industrial Technologies Inc. 549300NU173IJRC6PO38 Applied Industrial Technologies, Inc. 03820C105 535.00000000 NS USD 121188.20000000 0.067623108052 Long EC CORP US N 1 N N N Mitsubishi UFJ Financial Group Inc. 353800V2V8PUY9TK3E06 Mitsubishi UFJ Financial Group, Inc. ADR 606822104 31009.00000000 NS USD 437847.08000000 0.244319004667 Long EC CORP JP N 1 N N N First Horizon Corporation TF3RXI1ZB1TQ30H9JV10 First Horizon National Corporation 320517105 13358.00000000 NS USD 265557.04000000 0.148181030909 Long EC CORP US N 1 N N N American Homes 4 Rent 549300ZJUO7A58PNUW40 American Homes 4 Rent Class A 02665T306 8514.00000000 NS USD 322254.90000000 0.179818480043 Long EC CORP US N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares China Large-Cap ETF 464287184 75177.00000000 NS USD 2631195.00000000 1.468208817303 Long EC RF US N 1 N N N Crown Castle Inc. 54930012H97VSM0I2R19 Crown Castle, Inc. REIT 22822V101 5140.00000000 NS USD 515799.00000000 0.287816235496 Long EC CORP US N 1 N N N Axa SA F5WCUMTUM4RKZ1MAIE39 AXA S.A. ADR 054536107 8871.00000000 NS USD 419420.88000000 0.234037171010 Long EC CORP FR N 1 N N N Kyndryl Holdings Inc 549300LQ4LWX2R8ZV130 Kyndryl Holdings, Inc. 50155Q100 5003.00000000 NS USD 195317.12000000 0.108987101964 Long EC CORP US N 1 N N N Experian PLC 635400RXXHHYT1JTSZ26 Experian plc Sponsored ADR 30215C101 8569.00000000 NS USD 427421.72000000 0.238501645834 Long EC CORP US N 1 N N N The Bank of New York Mellon Corp. WFLLPEPC7FZXENRZV188 Bank of New York Mellon Corporation (The) 064058100 1994.00000000 NS USD 176688.34000000 0.098592228513 Long EC CORP US N 1 N N N Siemens Energy AG 5299005CHJZ14D4FDJ62 Siemens Energy AG Unsponsored ADR 82621A104 5255.00000000 NS USD 512099.75000000 0.285752051174 Long EC CORP DE N 1 N N N Dycom Industries, Inc. 549300F56EKTHQI3WT60 Dycom Industries, Inc. 267475101 626.00000000 NS USD 143929.92000000 0.080313005162 Long EC CORP US N 1 N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 Altria Group, Inc. 02209S103 6582.00000000 NS USD 398935.02000000 0.222606045502 Long EC CORP US N 1 N N N Armstrong World Industries, Inc. KXMRXXOJ88Q45Y45MG74 Armstrong World Industries, Inc. 04247X102 1376.00000000 NS USD 214146.88000000 0.119494122409 Long EC CORP US N 1 N N N Cavco Industries N/A Cavco Industries, Inc. 149568107 246.00000000 NS USD 106664.37000000 0.059518799832 Long EC CORP US N 1 N N N Guidewire Software Inc 549300WXSG0J8IXZCK32 Guidewire Software, Inc. 40171V100 2816.00000000 NS USD 605496.32000000 0.337867408485 Long EC CORP US N 1 N N N AbbVie Inc. FR5LCKFTG8054YNNRU85 AbbVie, Inc. 00287Y109 3248.00000000 NS USD 604485.28000000 0.337303247393 Long EC CORP US N 1 N N N OSI System Inc. DDX3MPX1Y8YD30050X33 OSI Systems, Inc. 671044105 407.00000000 NS USD 89177.77000000 0.049761263692 Long EC CORP US N 1 N N N StepStone Group Inc N/A StepStone Group, Inc. 85914M107 2361.00000000 NS USD 136583.85000000 0.076213892497 Long EC CORP US N 1 N N N Enel S.p.A. WOCMU6HCI0OJWNPRZS33 Enel SpA ADR 29265W207 107599.00000000 NS USD 985606.84000000 0.549969368626 Long EC CORP IT N 1 N N N BNP Paribas SA R0MUWSFPU8MPRO8K5P83 BNP Paribas S.A. ADR 05565A202 23359.00000000 NS USD 1027095.23000000 0.573119921897 Long EC CORP FR N 1 N N N Corcept Therapeutics Inc. 529900EO9LUTFMZ7FF90 Corcept Therapeutics, Inc. 218352102 4328.00000000 NS USD 335679.68000000 0.187309517525 Long EC CORP US N 1 N N N UBS Group AG 549300SZJ9VS8SGXAN81 UBS Group AG H42097107 13445.00000000 NS USD 428761.05000000 0.239248992996 Long EC CORP CH N 1 N N N Antero Resources Corporation APVBKPOULHUX7YZLKU17 Antero Resources Corporation 03674X106 6344.00000000 NS USD 237582.80000000 0.132571383648 Long EC CORP US N 1 N N N London Stock Exchange Group PLC 213800QAUUUP6I445N30 London Stock Exchange Group plc Unsponsored ADR 54211N101 10890.00000000 NS USD 417522.60000000 0.232977929322 Long EC CORP GB N 1 N N N Itron, Inc. 24F6LSZD18II6ICG6S41 Itron, Inc. 465741106 939.00000000 NS USD 108548.40000000 0.060570090010 Long EC CORP US N 1 N N N American International Group Inc. ODVCVCQG2BP6VHV36M30 American International Group, Inc. 026874784 1708.00000000 NS USD 144565.12000000 0.080667447246 Long EC CORP US N 1 N N N Deere & Company PWFTNG3EI0Y73OXWDH08 Deere & Company 244199105 1003.00000000 NS USD 507778.78000000 0.283340946617 Long EC CORP US N 1 N N N Digital Realty Trust Inc. 549300HKCZ31D08NEI41 Digital Realty Trust, Inc. REIT 253868103 6674.00000000 NS USD 1144724.48000000 0.638757133134 Long EC CORP US N 1 N N N Lloyds Banking Group PLC 549300PPXHEU2JF0AM85 Lloyds Banking Group plc Sponsored ADR 539439109 105613.00000000 NS USD 444630.73000000 0.248104286542 Long EC CORP US N 1 N N N Sprouts Farmers Markets Inc 529900P8F4G77Q52XE24 Sprouts Farmers Market, Inc. 85208M102 4815.00000000 NS USD 832320.90000000 0.464435697166 Long EC CORP US N 1 N N N GEO Group Inc 54930024XOXET7NQVZ63 GEO Group, Inc. (The) REIT 36162J106 2924.00000000 NS USD 79357.36000000 0.044281467420 Long EC CORP US N 1 N N N ASML Holding N.V. 724500Y6DUVHQD6OXN27 ASML Holding N.V. - NY Registry Shares N07059210 283.00000000 NS USD 208505.91000000 0.116346456846 Long EC CORP NL N 1 N N N Casey'S General Stores Inc. 549300CAFWSI86V66Q65 Casey's General Stores, Inc. 147528103 942.00000000 NS USD 412369.92000000 0.230102729951 Long EC CORP US N 1 N N N HSBC Holdings PLC MLU0ZO3ML4LN2LL2TL39 HSBC Holdings plc ADR 404280406 7194.00000000 NS USD 426460.32000000 0.237965183900 Long EC CORP GB N 1 N N N The Toronto-Dominion Bank PT3QB789TSUIDF371261 Toronto-Dominion Bank (The) (Canada) 891160509 6226.00000000 NS USD 429905.30000000 0.239887485368 Long EC CORP CA N 1 N N N Citigroup Inc. 6SHGI4ZSSLCXXQSBB395 Citigroup, Inc. 172967424 5438.00000000 NS USD 409590.16000000 0.228551621750 Long EC CORP US N 1 N N N Safran SA 969500UIC89GT3UL7L24 Safran SA Unsponsored ADR 786584102 6375.00000000 NS USD 468817.50000000 0.261600522654 Long EC CORP FR N 1 N N N RB Global Inc 5493002H8U24DJXQ4886 RB Global Inc. 74935Q107 4096.00000000 NS USD 431308.80000000 0.240670639439 Long EC CORP CA N 1 N N N National Australia Bank Ltd. F8SB4JFBSYQFRQEH3Z21 National Australia Bank Ltd. ADR 632525408 17655.00000000 NS USD 217686.15000000 0.121469037769 Long EC CORP US N 1 N N N AIA Group Ltd, Hong Kong ZP5ILWVSYE4LJGMMVD57 AIA Group Ltd. Sponsored ADR 001317205 12898.00000000 NS USD 428987.48000000 0.239375341108 Long EC CORP US N 1 N N N British American Tobacco PLC 213800FKA5MF17RJKT63 British American Tobacco plc ADR 110448107 9858.00000000 NS USD 445581.60000000 0.248634872728 Long EC CORP US N 1 N N N Texas Instruments Incorporated WDJNR2L6D8RWOEB8T652 Texas Instruments, Inc. 882508104 1346.00000000 NS USD 246116.10000000 0.137332971558 Long EC CORP US N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares MSCI China ETF 46429B671 49699.00000000 NS USD 2625101.18000000 1.464808461094 Long EC RF US N 1 N N N Canadian National Railway Company 3SU7BEP7TH9YEQOZCS77 Canadian National Railway Company 136375102 2021.00000000 NS USD 212083.74000000 0.118342888715 Long EC CORP CA N 1 N N N Cinemark Holdings Inc. 549300LL2QMPTYIE0K55 Cinemark Holdings, Inc. 17243V102 4321.00000000 NS USD 145920.17000000 0.081423566180 Long EC CORP US N 1 N N N Haleon PLC 549300PSB3WWEODCUP19 Haleon plc ADR 405552100 41066.00000000 NS USD 466099.10000000 0.260083653380 Long EC CORP US N 1 N N N Caretrust Reit Inc 5493001NVXE2B9GPLU96 CareTrust REIT, Inc. REIT 14174T107 4973.00000000 NS USD 143023.48000000 0.079807210950 Long EC CORP US N 1 N N N Duolingo Inc N/A DUOLINGO 26603R106 948.00000000 NS USD 492590.28000000 0.274865752030 Long EC CORP US N 1 N N N Mr Cooper Group Inc 549300KD8C6DPXYC2M26 MR Cooper Group, Inc. 62482R107 1812.00000000 NS USD 234708.36000000 0.130967443935 Long EC CORP US N 1 N N N Servicenow Inc 549300HJTQM36M0E1G39 ServiceNow, Inc. 81762P102 595.00000000 NS USD 601598.55000000 0.335692449851 Long EC CORP US N 1 N N N EssilorLuxottica SA 549300M3VH1A3ER1TB49 Essilor International S.A. Unsponsored ADR 297284200 2946.00000000 NS USD 410849.16000000 0.229254144711 Long EC CORP US N 1 N N N Adma Biologics Inc N/A ADMA BIOLOGICS, INC. 000899104 12556.00000000 NS USD 249111.04000000 0.139004150363 Long EC CORP US N 1 N N N Deutsche Boerse AG 529900G3SW56SHYNPR95 Deutsche Boerse AG ADR 251542106 13395.00000000 NS USD 431452.95000000 0.240751075249 Long EC CORP DE N 1 N N N Shopify Inc 549300HGQ43STJLLP808 SHOPIFY, INC. CLASS A 82509L107 3913.00000000 NS USD 419551.86000000 0.234110257950 Long EC CORP US N 1 N N N Gates Industrial Corp PLC 549300S6K4FWUSB9KM27 GATES INDUSTRIAL CORP PLC G39108108 6637.00000000 NS USD 140372.55000000 0.078327989988 Long EC CORP GB N 1 N N N Houlihan Lokey Inc. 549300S3CNGTQ1QZVY46 HOULIHAN LOKEY, INC. 441593100 1535.00000000 NS USD 268133.80000000 0.149618864955 Long EC CORP US N 1 N N N Philip Morris International Inc. HL3H1H2BGXWVG3BSWR90 Philip Morris International, Inc. 718172109 6967.00000000 NS USD 1258170.53000000 0.702060115581 Long EC CORP US N 1 N N N Unilever PLC 549300MKFYEKVRWML317 Unilever plc Sponsored ADR 904767704 6706.00000000 NS USD 428111.04000000 0.238886286920 Long EC CORP GB N 1 N N N InterDigital, Inc. 529900HQAUTC3VI47G64 InterDigital, Inc. 45867G101 920.00000000 NS USD 199879.20000000 0.111532746085 Long EC CORP US N 1 N N N Equinix, Inc. 549300EVUN2BTLJ3GT74 Equinix, Inc. REIT 29444U700 897.00000000 NS USD 797271.54000000 0.444878127547 Long EC CORP US N 1 N N N Munich Reinsurance AG 529900MUF4C20K50JS49 Muenchener Rueckversicherungs-Gesellschaft AG Unsponsored ADR 626188106 31150.00000000 NS USD 404327.00000000 0.225614774455 Long EC CORP US N 1 N N N Linde PLC 5299003QR1WT0EF88V51 Linde plc G54950103 2216.00000000 NS USD 1036157.28000000 0.578176552710 Long EC CORP US N 1 N N N GSK plc 5493000HZTVUYLO1D793 GSK plc ADR 37733W204 10738.00000000 NS USD 440580.14000000 0.245844054232 Long EC CORP US N 1 N N N Barclays PLC 213800LBQA1Y9L22JB70 Barclays plc ADR 06738E204 26172.00000000 NS USD 466646.76000000 0.260389248078 Long EC CORP US N 1 N N N Exelixis, Inc. 254900PJQB59O2O95R37 Exelixis, Inc. 30161Q104 5831.00000000 NS USD 250966.24000000 0.140039353378 Long EC CORP US N 1 N N N Capital One Financial Corp. ZUE8T73ROZOF6FLBAR73 Capital One Financial Corporation 14040H105 936.00000000 NS USD 177044.40000000 0.098790910264 Long EC CORP US N 1 N N N Texas Pacific Land Corporation N/A Texas Pacific Land Corporation 88262P102 503.00000000 NS USD 560357.09000000 0.312679683708 Long EC CORP US N 1 N N N Enbridge Inc. 98TPTUM4IVMFCZBCUR27 Enbridge, Inc. 29250N105 21799.00000000 NS USD 1013217.52000000 0.565376149130 Long EC CORP CA N 1 N N N Global X Funds 5493003RA4QUTSYF1N15 Global X MSCI Greece ETF 37954Y319 5336.00000000 NS USD 293480.00000000 0.163762063891 Long EC RF US N 1 N N N Mid-America Apartment Communities, Inc. 549300FQZKFR5YNSHZ21 Mid-America Apartment Communities, Inc. REIT 59522J103 1476.00000000 NS USD 231215.40000000 0.129018369591 Long EC CORP US N 1 N N N Amazon.com, Inc. ZXTILKJKG63JELOEG630 Amazon.com, Inc. 023135106 27216.00000000 NS USD 5579552.16000000 3.113394361845 Long EC CORP US N 1 N N N Iberdrola, S.A. 5QK37QC7NWOJ8D7WVQ45 Iberdrola S.A. ADR 450737101 5829.00000000 NS USD 427090.83000000 0.238317008961 Long EC CORP ES N 1 N N N Kone Oyj 2138001CNF45JP5XZK38 Kone OYJ Unsponsored ADR 50048H101 14498.00000000 NS USD 450887.80000000 0.251595736376 Long EC CORP CH N 1 N N N Emcor Group Inc 529900X0SQJB2J7YDU43 EMCOR Group, Inc. 29084Q100 1443.00000000 NS USD 680893.98000000 0.379939360284 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 iShares MSCI South Africa ETF 464286780 2836.00000000 NS USD 148067.56000000 0.082621811438 Long EC RF US N 1 N N N Honeywell International Inc. ISRPG12PN4EIEOEMW547 Honeywell International, Inc. 438516106 1816.00000000 NS USD 411632.72000000 0.229691371789 Long EC CORP US N 1 N N N Clean Harbors, Inc. 5493000SJVZVZJKHJF48 Clean Harbors, Inc. 184496107 553.00000000 NS USD 125414.87000000 0.069981593137 Long EC CORP US N 1 N N N Compagnie Financiere Richemont Sa 549300YIPGJ6UX2QPS51 CIE Financiere Richermont AG ADR 204319107 23728.00000000 NS USD 446798.24000000 0.249313758776 Long EC CORP US N 1 N N N Coca-Cola Consolidated Inc 57VG5X0E00X0QJU7CQ58 Coca-Cola Bottling Company Consolidated 191098102 785.00000000 NS USD 90000.25000000 0.050220208159 Long EC CORP US N 1 N N N Rio Tinto PLC 213800YOEO5OQ72G2R82 Rio Tinto plc ADR 767204100 3535.00000000 NS USD 210085.05000000 0.117227618171 Long EC CORP US N 1 N N N Mizuho Financial Group Inc. 353800CI5L6DDAN5XZ33 Mizuho Financial Group, Inc. ADR 60687Y109 77437.00000000 NS USD 430549.72000000 0.240247072220 Long EC CORP JP N 1 N N N Berkshire Hathaway Inc. 5493000C01ZX7D35SD85 Berkshire Hathaway, Inc. Class B 084670702 8105.00000000 NS USD 4084595.80000000 2.279207572483 Long EC CORP US N 1 N N N Bank of Nova Scotia L3I9ZG2KFGXZ61BMYR72 Bank of Nova Scotia 064149107 4018.00000000 NS USD 215043.36000000 0.119994358933 Long EC CORP CA N 1 N N N Schneider Electric SE 969500A1YF1XUYYXS284 Schneider Electric SE ADR 80687P106 4210.00000000 NS USD 211131.50000000 0.117811538069 Long EC CORP FR N 1 N N N ACI Worldwide Inc 5493003BPVMZUJ6F5C02 ACI Worldwide, Inc. 004498101 1978.00000000 NS USD 91502.28000000 0.051058342045 Long EC CORP US N 1 N N N Duke Energy Corp I1BZKREC126H0VB1BL91 Duke Energy Corporation 26441C204 1077.00000000 NS USD 126784.44000000 0.070745814242 Long EC CORP US N 1 N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 Bank of America Corporation 060505104 19271.00000000 NS USD 850429.23000000 0.474540159121 Long EC CORP US N 1 N N N Verizon Communications Inc. 2S72QS2UO2OESLG6Y829 Verizon Communications, Inc. 92343V104 15560.00000000 NS USD 684017.60000000 0.381682342627 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 Broadcom, Inc. 11135F101 13368.00000000 NS USD 3235991.76000000 1.805685870774 Long EC CORP US N 1 N N N Tenet Healthcare Corporation 0W9AIBT6U6ADJ2I8HK17 Tenet Healthcare Corporation 88033G407 2097.00000000 NS USD 353910.69000000 0.197482435013 Long EC CORP US N 1 N N N Flex Ltd. 549300EAQH74YHD07T53 Flex Ltd. Y2573F102 8929.00000000 NS USD 377696.70000000 0.210755046739 Long EC CORP US N 1 N N N Encompass Health Corporation 549300FVRPM9DRQZRG64 Encompass Health Corporation 29261A100 3291.00000000 NS USD 397881.90000000 0.222018403738 Long EC CORP US N 1 N N N BAE Systems PLC 8SVCSVKSGDWMW2QHOH83 BAE Systems plc ADR 05523R107 4506.00000000 NS USD 463216.80000000 0.258475327781 Long EC CORP US N 1 N N N Recruit Holdings Co Ltd. 353800R2LRSMVVC4I806 Recruit Holdings Co., Ltd ADR 75629J101 17524.00000000 NS USD 208535.60000000 0.116363023889 Long EC CORP US N 1 N N N Goldman Sachs Group, Inc. 784F5XWPLTWKTBV3E584 Goldman Sachs Group, Inc. (The) 38141G104 910.00000000 NS USD 546409.50000000 0.304896917848 Long EC CORP US N 1 N N N Southern Co. 549300FC3G3YU2FBZD92 Southern Company 842587107 4321.00000000 NS USD 388890.00000000 0.217000916678 Long EC CORP US N 1 N N N ETF Series Solutions 5493008BB0X0GYS3UI50 ClearShares Ultra-Short Maturity ETF 26922A453 20000.00000000 NS USD 2002700.00000000 1.117508127832 Long EC RF US N 1 N N N Commerce Bancshares Inc N/A Commerce Bancshares, Inc. 200525103 2829.00000000 NS USD 178255.29000000 0.099466587808 Long EC CORP US N 1 N N N Alphabet Inc. 5493006MHB84DD0ZWV18 Alphabet, Inc. Class A 02079K305 7918.00000000 NS USD 1359837.32000000 0.758790261961 Long EC CORP US N 1 N N N Essential Properties Realty Trust Inc. 2549009LXQLVYCGLZO50 Essential Properties Realty Trust Incorporated REIT 29670E107 3699.00000000 NS USD 120217.50000000 0.067081456712 Long EC CORP US N 1 N N N Daiichi Sankyo Co Ltd. 353800XGIU2IHQGC9504 Daiichi Sankyo Company Ltd. Sponsored ADR 23381D102 7884.00000000 NS USD 210502.80000000 0.117460722989 Long EC CORP JP N 1 N N N American Express Company R4PP93JZOLY261QX3811 American Express Company 025816109 1564.00000000 NS USD 459894.20000000 0.256621314447 Long EC CORP US N 1 N N N Planet Fitness Inc. 549300LLE5HUPF6H8G33 Planet Fitness, Inc. Class A 72703H101 2243.00000000 NS USD 230647.69000000 0.128701586978 Long EC CORP US N 1 N N N Recruit Holdings Co Ltd. 353800R2LRSMVVC4I806 Rheinmetall AG Unsponsored ADR 75629J101 998.00000000 NS USD 425237.82000000 0.237283027968 Long EC CORP DE N 1 N N N Interactive Brokers Group Inc 5493004DT6DCDUZNDM53 Interactive Brokers Group, Inc. Class A 45841N107 4499.00000000 NS USD 943350.32000000 0.526390198229 Long EC CORP US N 1 N N N U.S. Bancorp. N1GZ7BBF3NP8GI976H15 U.S. Bancorp 902973304 2457.00000000 NS USD 107100.63000000 0.059762233245 Long EC CORP US N 1 N N N Comfort Systems USA Inc. 5299009DT1ZA5HTU6R38 Comfort Systems USA, Inc. 199908104 864.00000000 NS USD 413190.72000000 0.230560736977 Long EC CORP US N 1 N N N Advanced Micro Devices Inc. R2I72C950HOYXII45366 Advanced Micro Devices, Inc. 007903107 2335.00000000 NS USD 258554.55000000 0.144273636147 Long EC CORP US N 1 N N N Hitachi Ltd. 549300T6IPOCDWLKC615 Hitachi Ltd. ADR 433578507 15331.00000000 NS USD 426201.80000000 0.237820929543 Long EC CORP JP N 1 N N N Ishares Gold Trust 5493006UOY7GXQW0IP42 iShares COMEX Gold Trust 464285204 71732.00000000 NS USD 4458861.12000000 2.488047906565 Long EC RF US N 1 N N N StoneX Group Inc 549300JUF07L8VF02M60 StoneX Group, Inc. 861896108 1692.00000000 NS USD 143236.26000000 0.079925942353 Long EC CORP US N 1 N N N Vici Properties Inc 254900RKH6RY9KCJQH63 Vici Properties, Inc 925652109 25106.00000000 NS USD 796111.26000000 0.444230690422 Long EC CORP US N 1 N N N Cal-Maine Foods Inc. 549300NHE5WMIEIEMF53 Cal-Maine Foods, Inc. 128030202 1887.00000000 NS USD 181019.91000000 0.101009247877 Long EC CORP US N 1 N N N Meta Platforms Inc BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc. Class A Class A 30303M102 6381.00000000 NS USD 4131633.69000000 2.305454750987 Long EC CORP US N 1 N N N Wesfarmers Ltd. 5493003L32ZX9557ST85 Wesfarmers Ltd. Unsponsored ADR 950840306 17113.00000000 NS USD 457601.62000000 0.255342053058 Long EC CORP AU N 1 N N N Vornado Realty Trust N/A Vornado Realty Trust REIT 929042109 3679.00000000 NS USD 138587.93000000 0.077332170666 Long EC CORP US N 1 N N N T-Mobile US Inc 549300QHIJYOHPACPG31 T-Mobile USA, Inc. 872590104 665.00000000 NS USD 161063.00000000 0.089873276872 Long EC CORP US N 1 N N N Archrock Inc 549300K3RIHMHDVFTL28 Archrock, Inc. 03957W106 4930.00000000 NS USD 122757.00000000 0.068498499649 Long EC CORP US N 1 N N N Canadian Pacific Kansas City Ltd. N/A Canadian Pacific Kansas City Company 13646K108 2621.00000000 NS USD 214004.65000000 0.119414757961 Long EC CORP CA N 1 N N N Cisco Systems, Inc. 549300LKFJ962MZ46593 Cisco Systems, Inc. 17275R102 10958.00000000 NS USD 690792.32000000 0.385462641556 Long EC CORP US N 1 N N N Brambles Ltd. N/A Brambles Ltd. ADR 105105209 16289.00000000 NS USD 488995.78000000 0.272860018288 Long EC CORP AU N 1 N N N Stride Inc 254900BRWS3AFONWU277 Stride, Inc. 86333M108 1356.00000000 NS USD 205284.84000000 0.114549097329 Long EC CORP US N 1 N N N DBS Group Holdings Ltd. 5493007FKT78NKPM5V55 DBS Group Holdings Ltd. Sponsored ADR 23304Y100 3052.00000000 NS USD 421176.00000000 0.235016529309 Long EC CORP US N 1 N N N Swiss RE AG 529900PS9YW3YY29F326 SWISS RE AG ADR 870886108 9555.00000000 NS USD 424719.75000000 0.236993944513 Long EC CORP US N 1 N N N Unum Group 549300E32YFDO6TZ8R31 Unum Group 91529Y106 6357.00000000 NS USD 519430.47000000 0.289842598526 Long EC CORP US N 1 N N N SBA Communications Corp. 5299001HX8ZN8Y8QIT49 SBA Communications Corporation 78410G104 2631.00000000 NS USD 610102.59000000 0.340437710659 Long EC CORP US N 1 N N N Adidas AG 549300JSX0Z4CW0V5023 adidas AG ADR 00687A107 12452.00000000 NS USD 413655.44000000 0.230820051092 Long EC CORP DE N 1 N N N Universal Music Group N.V 724500GJBUL3D9TW9Y18 Universal Music Group N.V. Unsponsored ADR 91377B109 29631.00000000 NS USD 471429.21000000 0.263057858827 Long EC CORP NL N 1 N N N Core & Main Inc N/A Core & Main Inc. - Class A 21874C102 4325.00000000 NS USD 237053.25000000 0.132275894344 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 iShares MSCI South Korea Capped ETF 464286772 23860.00000000 NS USD 1446631.80000000 0.807221648016 Long EC RF US N 1 N N N National Fuel Gas Company 8JB38FFW1Y3C1HM8E841 National Fuel Gas Company 636180101 3028.00000000 NS USD 249931.12000000 0.139461755629 Long EC CORP US N 1 N N N Palomar Holdings Inc 549300DOI1MUW11BLX74 Palomar Holdings, Inc. 69753M105 763.00000000 NS USD 130831.61000000 0.073004138189 Long EC CORP US N 1 N N N PJT Partners Inc. 549300W3WBEQUBKYTN87 Pjt Partners, Inc. CLASS A 69343T107 503.00000000 NS USD 75781.98000000 0.042286402653 Long EC CORP US N 1 N N N ESAB Corp. 549300ZNV0SWBXEIWT04 ESAB Corporation 29605J106 1298.00000000 NS USD 159641.02000000 0.089079810947 Long EC CORP US N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares MSCI Qatar ETF 46434V779 11556.00000000 NS USD 216675.00000000 0.120904815298 Long EC RF US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 iShares MSCI Taiwan ETF 46434G772 10743.00000000 NS USD 562718.34000000 0.313997263010 Long EC RF US N 1 N N N NVent Electric PLC N/A nVent Electric PLC G6700G107 3850.00000000 NS USD 253330.00000000 0.141358333262 Long EC CORP US N 1 N N N Curtiss-Wright Corp. TEL51ETZWP7D0ZM4X325 Curtiss-Wright Corporation 231561101 862.00000000 NS USD 379374.82000000 0.211691438979 Long EC CORP US N 1 N N N BHP Group Ltd. WZE1WSENV6JSZFK0JC28 BHP Billiton Ltd. ADR 088606108 4331.00000000 NS USD 212175.69000000 0.118394196885 Long EC CORP US N 1 N N N Williams-Sonoma Inc. 549300IARG6YWVTZ1I92 Williams-Sonoma, Inc. 969904101 2065.00000000 NS USD 334034.40000000 0.186391450030 Long EC CORP US N 1 N N N SPX Technologies, Inc. N/A SPX Technologies, Inc. 78473E103 928.00000000 NS USD 141139.52000000 0.078755959833 Long EC CORP US N 1 N N N Mueller Industries Inc. 5493005IZFE4VJLLYG84 Mueller Industries, Inc. 624756102 2520.00000000 NS USD 196232.40000000 0.109497828903 Long EC CORP US N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares MSCI UAE ETF 46434V761 13685.00000000 NS USD 254130.45000000 0.141804984972 Long EC RF US N 1 N N N MasterCard Incorporated AR5L2ODV9HN37376R084 Mastercard, Inc. Class A 57636Q104 2305.00000000 NS USD 1349808.00000000 0.753193893750 Long EC CORP US N 1 N N N Nestle SA KY37LUS27QQX7BB93L28 Nestle S.A. ADR 641069406 3997.00000000 NS USD 425720.47000000 0.237552347036 Long EC CORP CH N 1 N N N Mondelez International, Inc. 549300DV9GIB88LZ5P30 Mondelez International, Inc. Class A 609207105 3416.00000000 NS USD 230545.84000000 0.128644754600 Long EC CORP US N 1 N N N Sabra Health Care REIT, Inc. 549300E3BC7GU7TAZ621 Sabra Health Care REIT, Inc. REIT 78573L106 6118.00000000 NS USD 106942.64000000 0.059674074705 Long EC CORP US N 1 N N N Somnigroup International Inc. 549300HFEKVR3US71V91 Somnigroup International 88023U101 3501.00000000 NS USD 227775.06000000 0.127098657246 Long EC CORP US N 1 N N N The Boeing Company RVHJWBXLJ1RFUBSY1F30 Boeing Company (The) 097023105 2114.00000000 NS USD 438274.48000000 0.244557494193 Long EC CORP US N 1 N N N Siemens AG W38RGI023J3WT1HWRP32 Siemens AG ADR 826197501 8797.00000000 NS USD 1064085.12000000 0.593760308736 Long EC CORP DE N 1 N N N BJ Wholesale Club Holdings Inc 549300UCIWH1C93V0J03 BJ's Wholesale Club Holdings, Inc. 05550J101 3833.00000000 NS USD 433933.93000000 0.242135463982 Long EC CORP US N 1 N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 Microsoft Corporation 594918104 20868.00000000 NS USD 9606792.48000000 5.360597532733 Long EC CORP US N 1 N N N Block(H&R)Inc 549300CE3KUCWLZBG404 H&R Block, Inc. 093671105 5206.00000000 NS USD 296481.70000000 0.165437014781 Long EC CORP US N 1 N N N Vestas Wind Systems AS 549300DYMC8BGZZC8844 Vestas Wind Systems A/S ADR 925458101 40643.00000000 NS USD 213375.75000000 0.119063831281 Long EC CORP DK N 1 N N N Volvo AB 549300HGV012CNC8JD22 Aktiebolaget Volvo Unsponsored ADR 928854108 15320.00000000 NS USD 425742.80000000 0.237564807193 Long EC CORP SE N 1 N N N Welltower OP LLC N/A Welltower, Inc. REIT 95040Q104 12097.00000000 NS USD 1866325.16000000 1.041410863074 Long EC CORP US N 1 N N N Evercore Inc 529900P6KLPT95DW3W58 Evercore Partners, Inc. Class A 29977A105 457.00000000 NS USD 105790.93000000 0.059031419646 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 ISHARES MSCI MALAYSIA INDEX FUND 46434G814 2926.00000000 NS USD 70106.96000000 0.039119737163 Long EC RF US N 1 N N N Granite Construction Inc 549300OM4BWMCIXVCZ39 Granite Construction, Inc. 387328107 1985.00000000 NS USD 177558.25000000 0.099077638956 Long EC CORP US N 1 N N N Abbott Laboratories HQD377W2YR662HK5JX27 Abbott Laboratories 002824100 7668.00000000 NS USD 1024291.44000000 0.571555404938 Long EC CORP US N 1 N N N NVIDIA Corp. 549300S4KLFTLO7GSQ80 NVIDIA Corporation 67066G104 66992.00000000 NS USD 9052628.96000000 5.051373865809 Long EC CORP US N 1 N N N L'Oreal S.A. 529900JI1GG6F7RKVI53 L'Oreal S.A. ADR 502117203 5106.00000000 NS USD 431354.88000000 0.240696352114 Long EC CORP FR N 1 N N N TXNM Energy Inc. 5493003JOBJGLZSDDQ28 TXNM Energy, Inc. 69349H107 2502.00000000 NS USD 141838.38000000 0.079145924246 Long EC CORP US N 1 N N N First American Funds Inc. 549300J5J5SJCZ9IA369 First American Government Obligations Fund Class X 31846V336 2547218.93000000 PA USD 2547218.93000000 1.421350106179 Long STIV RF US N 1 N N N Deutsche Telekom AG 549300V9QSIG4WX4GJ96 Deutsche Telekom AG ADR 251566105 30396.00000000 NS USD 1150488.60000000 0.641973516492 Long EC CORP DE N 1 N N N 3M Company LUZQVYP4VS22CLWDAR65 3M Company 88579Y101 1542.00000000 NS USD 228755.70000000 0.127645855114 Long EC CORP US N 1 N N N Netflix, Inc. 549300Y7VHGU0I7CE873 Netflix, Inc. 64110L106 1886.00000000 NS USD 2276835.78000000 1.270476102207 Long EC CORP US N 1 N N N Reinsurance Group of America, Incorporated LORM1GNEU1DKEW527V90 Reinsurance Group of America, Inc. 759351604 703.00000000 NS USD 142912.87000000 0.079745490486 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 iShares MSCI Mexico Capped ETF 464286822 13069.00000000 NS USD 786361.73000000 0.438790445244 Long EC RF US N 1 N N N Booking Holdings Inc FXM8FAOHMYDIPD38UZ17 Booking Holdings, Inc. 09857L108 125.00000000 NS USD 689866.25000000 0.384945893789 Long EC CORP US N 1 N N N Texas Roadhouse Inc 5299002Y1CNRPDGXTQ75 Texas Roadhouse, Inc. 882681109 1535.00000000 NS USD 299647.35000000 0.167203449896 Long EC CORP US N 1 N N N Sony Group Corp. 529900R5WX9N2OI2N910 Sony Corporation ADR 835699307 44058.00000000 NS USD 1162250.04000000 0.648536408984 Long EC CORP JP N 1 N N N Coca-Cola Co (The) UWJKFUJFZ02DKWI3RY53 Coca-Cola Company (The) 191216100 15375.00000000 NS USD 1108537.50000000 0.618564770688 Long EC CORP US N 1 N N N BASF SE 529900PM64WH8AF1E917 BASF SE ADR 055262505 65958.00000000 NS USD 794134.32000000 0.443127556394 Long EC CORP DE N 1 N N N Enerpac Tool Group Corp IZW37BPZKUJE1QXGB081 Enerpac Tool Group Corporation 292765104 1621.00000000 NS USD 69508.48000000 0.038785784867 Long EC CORP US N 1 N N N SEI Investments Co 5LJTIFADGZ6XH1RVOC11 SEI Investments Company 784117103 2526.00000000 NS USD 215366.76000000 0.120174816380 Long EC CORP US N 1 N N N Ryder System, Inc. ZXJ6Y2OSPZXIVGRILD15 Ryder System, Inc. 783549108 944.00000000 NS USD 138890.72000000 0.077501127717 Long EC CORP US N 1 N N N Emerson Electric Co. FGLT0EWZSUIRRITFOA30 Emerson Electric Co. 291011104 742.00000000 NS USD 88579.96000000 0.049427685256 Long EC CORP US N 1 N N N Regency Centers Corp. 529900053A7X7FJ97S58 Regency Centers Corporation REIT 758849103 2209.00000000 NS USD 159379.35000000 0.088933798888 Long EC CORP US N 1 N N N Cambria ETF Trust 254900AGNELEKCKAOK33 CAMBRIA TACTICAL YIELD ETF 132061789 39500.00000000 NS USD 1007052.50000000 0.561936063266 Long EC RF US N 1 N N N SLM Corp. N/A SLM Corporation 78442P106 4313.00000000 NS USD 139611.81000000 0.077903496487 Long EC CORP US N 1 N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 Morgan Stanley 617446448 3611.00000000 NS USD 462316.33000000 0.257972864834 Long EC CORP US N 1 N N N OGE Energy Corporation CE5OG6JPOZMDSA0LAQ19 OGE Energy Corporation 670837103 5241.00000000 NS USD 233067.27000000 0.130051714463 Long EC CORP US N 1 N N N Toyota Motor Corp. 5493006W3QUS5LMH6R84 Toyota Motor Corporation ADR 892331307 1080.00000000 NS USD 205815.60000000 0.114845261813 Long EC CORP JP N 1 N N N Adidas AG 549300JSX0Z4CW0V5023 adidas AG ADR 00687A107 1696.00000000 NS USD 211168.96000000 0.117832440777 Long EC CORP DE N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares MSCI India ETF 46429B598 70595.00000000 NS USD 3834014.45000000 2.139382988018 Long EC RF US N 1 N N N Acuity Inc. N/A Acuity, Inc. 00508Y102 609.00000000 NS USD 158273.01000000 0.088316460324 Long EC CORP US N 1 N N N Anheuser-Busch Inbev SA/NV 5493008H3828EMEXB082 Anheuser-Busch InBev S.A./N.V. ADR 03524A108 6046.00000000 NS USD 426182.54000000 0.237810182448 Long EC CORP BE N 1 N N N Chewy Inc 254900NPQSTG9I422879 Chewy, Inc. Class A 16679L109 3997.00000000 NS USD 180864.25000000 0.100922389478 Long EC CORP US N 1 N N N Halozyme Therapeutics Inc 529900242I3SV9AGM753 Halozyme Therapeutics, Inc. 40637H109 1612.00000000 NS USD 90384.84000000 0.050434809673 Long EC CORP US N 1 N N N Roche Holding AG 549300U41AUUVOAAOB37 Roche Holding AG ADR 771195104 5128.00000000 NS USD 206658.40000000 0.115315544856 Long EC CORP CH N 1 N N N MDU Resources Group, Inc. 549300MA0UV6AI6SNV27 MDU Resources Group, Inc. 552690109 8531.00000000 NS USD 146647.89000000 0.081829634495 Long EC CORP US N 1 N N N Commonwealth Bank of Australia MSFSBD3QN1GSN7Q6C537 Commonwealth Bank of Australia Sponsored ADR 202712600 4527.00000000 NS USD 516259.08000000 0.288072960487 Long EC CORP US N 1 N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 Oracle Corporation 68389X105 2285.00000000 NS USD 378236.05000000 0.211056004451 Long EC CORP US N 1 N N N Gilead Sciences Inc. 549300WTZWR07K8MNV44 Gilead Sciences, Inc. 375558103 5565.00000000 NS USD 612595.20000000 0.341828588940 Long EC CORP US N 1 N N N Geberit AG Unsponsored ADR N/A Geberit AG Unsponsored ADR N/A 6084.00000000 NS USD 453744.72000000 0.253189899915 Long EC CORP CH N 1 N N N Equitable Holdings Inc 549300FIBAKMNHPZ4009 Equitable Holdings, Inc. 29452E101 9974.00000000 NS USD 527325.38000000 0.294247964329 Long EC CORP US N 1 N N N Bandai Namco Holdings Inc. 3538008EFEM34VRJDQ95 Bandai Namco Holdings, Inc. ADR 059831107 24534.00000000 NS USD 388127.88000000 0.216575653137 Long EC CORP JP N 1 N N N Tokio Marine Holdings Inc. 5299009QN2NZ191KLS29 Tokio Marine Holdings, Inc. ADR 889094108 10550.00000000 NS USD 446687.00000000 0.249251686771 Long EC CORP JP N 1 N N N International Business Machines Corp. VGRQXHF3J8VDLUA7XE92 International Business Machines Corporation 459200101 2669.00000000 NS USD 691431.14000000 0.385819103603 Long EC CORP US N 1 N N N Intesa Sanpaolo S.p.A. 2W8N8UU78PMDQKZENC08 Intesa Sanpaolo SpA ADR 46115H107 12901.00000000 NS USD 432183.50000000 0.241158722706 Long EC CORP DE N 1 N N N Virtu Financial Inc 5493001OPW2K42CH3884 VIRTU FINANCIAL, INC. CLASS A 928254101 3940.00000000 NS USD 158348.60000000 0.088358639602 Long EC CORP US N 1 N N N Carpenter Technology Corporation DX6I6ZD3X5WNNCDJKP85 Carpenter Technology Corporation 144285103 2207.00000000 NS USD 518645.00000000 0.289404305667 Long EC CORP US N 1 N N N Colgate-Palmolive Co. YMEGZFW4SBUSS5BQXF88 Colgate-Palmolive Company 194162103 1164.00000000 NS USD 108182.16000000 0.060365727810 Long EC CORP US N 1 N N N iShares Trust 5493000860OXIC4B5K91 ISHARES MSCI PHILIPPINES INVESTABLE MARKET INDEX F UND 46429B408 6988.00000000 NS USD 190353.12000000 0.106217186177 Long EC RF US N 1 N N N Banco BBVA Argentina S A 579100KKDBKJFDKKD024 Banco BBVA Argentina SA ADR 058934100 20235.00000000 NS USD 397820.10000000 0.221983919291 Long EC CORP US N 1 N N N CACI International Inc. SYRPI2D1O9WRTS2WX210 CACI International, Inc. 127190304 313.00000000 NS USD 133964.00000000 0.074752014199 Long EC CORP US N 1 N N N Royal Bank of Canada ES7IP3U3RHIGC71XBU11 Royal Bank of Canada 780087102 3396.00000000 NS USD 430137.36000000 0.240016975026 Long EC CORP CA N 1 N N N Brookfield Corp. C6J3FGIWG6MBDGTE8F80 Brookfield Corporation 11271J107 7409.00000000 NS USD 427647.48000000 0.238627620086 Long EC CORP CA N 1 N N N Ryan Specialty Holdings Inc N/A Ryan Specialty Group Holdings, Inc. 78351F107 2648.00000000 NS USD 189517.36000000 0.105750831460 Long EC CORP US N 1 N N N Money Market Obligations Trust 25490005VWJDWX717014 Federated Government Obligations Fund Institutional Class 60934N104 651248.09000000 PA USD 651248.09000000 0.363396931048 Long STIV RF US N 1 N N N BellRing Intermediate Holdings Inc. 549300S3BOK5CMTS8054 BellRing Brands, Inc. 07831C103 3779.00000000 NS USD 237888.05000000 0.132741713381 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 ISHARES MSCI CHILE INVESTABL 464286640 18504.00000000 NS USD 582876.00000000 0.325245252668 Long EC RF US N 1 N N N Adyen NV 724500973ODKK3IFQ447 Adyen N.V. Unsponsored ADR 00783V104 25628.00000000 NS USD 490776.20000000 0.273853494006 Long EC CORP NL N 1 N N N Intuit Inc VI90HBPH7XSFMB9E4M29 Intuit, Inc. 461202103 686.00000000 NS USD 516880.42000000 0.288419668681 Long EC CORP US N 1 N N N Bank of Montreal NQQ6HPCNCCU6TUTQYE16 Bank of Montreal 063671101 4003.00000000 NS USD 429722.05000000 0.239785231729 Long EC CORP CA N 1 N N N Corvel Corp N/A CorVel Corporation 221006109 671.00000000 NS USD 74662.17000000 0.041661547818 Long EC CORP US N 1 N N N General Dynamics Corporation 9C1X8XOOTYY2FNYTVH06 General Dynamics Corporation 369550108 324.00000000 NS USD 90230.76000000 0.050348832915 Long EC CORP US N 1 N N N Sompo Holdings Inc. 353800CWW4SRGEYEB512 Sompo Holdings, Inc. Unsponsored ADR 83540J101 25227.00000000 NS USD 380675.43000000 0.212417180352 Long EC CORP JP N 1 N N N Invitation Homes Inc. 984500FE452E665C9F85 Invitation Homes, Inc. 46187W107 14366.00000000 NS USD 484134.20000000 0.270147252939 Long EC CORP US N 1 N N N Alphabet Inc. 5493006MHB84DD0ZWV18 Alphabet, Inc. Class C 02079K107 6431.00000000 NS USD 1111598.35000000 0.620272727323 Long EC CORP US N 1 N N N Palantir Technologies Inc 549300UVN46B3BBDHO85 Palantir Technologies, Inc. 69608A108 6174.00000000 NS USD 813609.72000000 0.453994844451 Long EC CORP US N 1 N N N Allianz SE 529900K9B0N5BT694847 Allianz SE Unsponsored ADR 018820100 28026.00000000 NS USD 1109549.34000000 0.619129378180 Long EC CORP DE N 1 N N N Shell PLC 21380068P1DRHMJ8KU70 Shell plc 780259305 3210.00000000 NS USD 212566.20000000 0.118612101763 Long EC CORP US N 1 N N N Sanmina Corp X5K24XLM8QYRXF00EB42 Sanmina Corporation 801056102 1069.00000000 NS USD 90533.61000000 0.050517823446 Long EC CORP US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 iShares MSCI Brazil Capped ETF 464286400 30045.00000000 NS USD 817524.45000000 0.456179266778 Long EC RF US N 1 N N N Walmart Inc Y87794H0US1R65VBXU25 Walmart, Inc. 931142103 17395.00000000 NS USD 1717234.40000000 0.958218105255 Long EC CORP US N 1 N N N National Grid PLC 8R95QZMKZLJX5Q2XR704 National Grid plc ADR 636274409 5738.00000000 NS USD 409635.82000000 0.228577100065 Long EC CORP US N 1 N N N Intuitive Surgical Inc. 54930052SRG011710797 Intuitive Surgical, Inc. 46120E602 1021.00000000 NS USD 563939.14000000 0.314678470341 Long EC CORP US N 1 N N N East West Bancorp Inc N/A East West Bancorp, Inc. 27579R104 3095.00000000 NS USD 282264.00000000 0.157503527335 Long EC CORP US N 1 N N N Grand Canyon Education Inc 529900XFER799IYOSW74 Grand Canyon Education, Inc. 38526M106 661.00000000 NS USD 130775.55000000 0.072972856666 Long EC CORP US N 1 N N N DT Midstream Inc N/A DT Midstream, Inc. 23345M107 4814.00000000 NS USD 504218.36000000 0.281354229541 Long EC CORP US N 1 N N N Commvault Systems Inc. 65T5VRP62VXG39YFML83 CommVault Systems, Inc. 204166102 737.00000000 NS USD 134981.55000000 0.075319807875 Long EC CORP US N 1 N N N Nintendo Co Ltd. 353800FEEXU6I9M0ZF27 Nintendo Company Ltd. ADR 654445303 20313.00000000 NS USD 415197.72000000 0.231680644508 Long EC CORP JP N 1 N N N Old Republic International Corporation 549300IV6O2YY2A1KH37 Old Republic International Corporation 680223104 7618.00000000 NS USD 287960.40000000 0.160682122881 Long EC CORP US N 1 N N N Dorman Products Inc. 2549000O0BBUX740XR59 Dorman Products, Inc. 258278100 697.00000000 NS USD 90129.07000000 0.050292089818 Long EC CORP US N 1 N N N Badger Meter Inc 5493002JENE20OGTUG20 Badger Meter, Inc. 056525108 721.00000000 NS USD 178966.62000000 0.099863510491 Long EC CORP US N 1 N N N Wells Fargo & Co. PBLD0EJDB5FWOLXP3B76 Wells Fargo & Company 949746101 9640.00000000 NS USD 720879.20000000 0.402251143549 Long EC CORP US N 1 N N N Rolls-Royce Holdings PLC 213800EC7997ZBLZJH69 ROLLS-ROYCE HOLDINGS PLC ADR 775781206 41106.00000000 NS USD 477240.66000000 0.266300652360 Long EC CORP US N 1 N N N Airbus SE MINO79WLOO247M1IL051 Airbus SE Unsponsored ADR 009279100 9221.00000000 NS USD 422045.17000000 0.235501526832 Long EC CORP NL N 1 N N N Caterpillar Inc WRJR7GS4GTRECRRTVX92 Caterpillar, Inc. 149123101 657.00000000 NS USD 228655.71000000 0.127590060618 Long EC CORP US N 1 N N N Deutsche Post AG 8ER8GIG7CSMVD8VUFE78 Deutsche Post AG ADR 25157Y202 9608.00000000 NS USD 430438.40000000 0.240184955575 Long EC CORP DE N 1 N N N Knife River Corp. N/A Knife River Corp. 498894104 1742.00000000 NS USD 163922.20000000 0.091468712654 Long EC CORP US N 1 N N N Hermes International 969500Y4IJGHJE2MTJ13 Hermes International Unsponsored ADR 42751Q105 1539.00000000 NS USD 424071.45000000 0.236632192618 Long EC CORP FR N 1 N N N American Tower Corporation 5493006ORUSIL88JOE18 American Tower Corporation 03027X100 8559.00000000 NS USD 1837189.35000000 1.025153058867 Long EC CORP US N 1 N N N Blackrock Inc. 529900VBK42Y5HHRMD23 BlackRock, Inc. 09290D101 418.00000000 NS USD 409594.02000000 0.228553775633 Long EC CORP US N 1 N N N Brinker International, Inc. 52990067JY6PBGJNTG76 Brinker International, Inc. 109641100 1690.00000000 NS USD 291744.70000000 0.162793765168 Long EC CORP US N 1 N N N The Charles Schwab Corporation 549300VSGCJ7E698NM85 Charles Schwab Corporation (The) 808513105 6810.00000000 NS USD 601595.40000000 0.335690692149 Long EC CORP US N 1 N N N GE Aerospace 3C7474T6CDKPR9K6YT90 General Electric Company 369604301 4223.00000000 NS USD 1038477.93000000 0.579471477180 Long EC CORP US N 1 N N N Charter Communications, Inc. 0J0XRGZE3PBRFEZ7MV65 Charter Communications, Inc. Class A 16119P108 138.00000000 NS USD 54685.26000000 0.030514416798 Long EC CORP US N 1 N N N Frontdoor Inc 5493008RB0JZJI3QGZ06 Frontdoor Inc. 35905A109 2571.00000000 NS USD 141430.71000000 0.078918444075 Long EC CORP US N 1 N N N Prosus NV 635400Z5LQ5F9OLVT688 Prosus NV ADR 74365P108 45673.00000000 NS USD 463580.95000000 0.258678523759 Long EC CORP NL N 1 N N N Skywest Inc 529900UYS2KGS6Z42P09 SkyWest, Inc. 830879102 1736.00000000 NS USD 176117.20000000 0.098273531957 Long EC CORP US N 1 N N N Ferrari N V 549300RIVY5EX8RCON76 Ferrari N.V. N3167Y103 911.00000000 NS USD 436150.36000000 0.243372233613 Long EC CORP IT N 1 N N N Antero Midstream Corporation N/A Antero Midstream Corporation 03676B102 6789.00000000 NS USD 127497.42000000 0.071143657626 Long EC CORP US N 1 N N N ExlService Holdings Inc. 81E3DTNF6OSH489ZOV15 ExlService Holdings, Inc. 302081104 5408.00000000 NS USD 248713.92000000 0.138782557100 Long EC CORP US N 1 N N N Amadeus IT Group SA 9598004A3FTY3TEHHN09 Amadeus IT Group SA Unsponsored ADR 02263T104 5326.00000000 NS USD 443549.28000000 0.247500836617 Long EC CORP ES N 1 N N N Auto Trader Group PLC 213800QLK9BZILB1DI86 Auto Trader Group plc Unsponsored ADR 05277E104 153024.00000000 NS USD 405513.60000000 0.226276898160 Long EC CORP GB N 1 N N N CVS Health Corp 549300EJG376EN5NQE29 CVS Health Corporation 126650100 1696.00000000 NS USD 108611.84000000 0.060605489578 Long EC CORP US N 1 N N N Industria De Diseno Textil SA 549300TTCXZOGZM2EY83 Industria de Diseno Textil, S.A. ADR 455793109 15392.00000000 NS USD 416969.28000000 0.232669176340 Long EC CORP ES N 1 N N N RTX Corp. I07WOS4YJ0N7YRFE7309 RTX Corporation 75513E101 3688.00000000 NS USD 503338.24000000 0.280863121909 Long EC CORP US N 1 N N N Group 1 Automotive, Inc. 549300US8QAZJLWYAF63 Group 1 Automotive, Inc. 398905109 461.00000000 NS USD 195427.12000000 0.109048482048 Long EC CORP US N 1 N N N SUMITOMO METAL MININ-UNS ADR ADR N/A SUMITOMO METAL MININ-UNS ADR ADR N/A 37689.00000000 NS USD 214450.41000000 0.119663492381 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa, Inc. Class A 92826C839 7263.00000000 NS USD 2652374.97000000 1.480027256721 Long EC CORP US N 1 N N N US Foods Holding Corp 549300UGOZSO64CFPR97 US Foods Holding Corporation 912008109 6408.00000000 NS USD 507000.96000000 0.282906922464 Long EC CORP US N 1 N N N McDonald's Corp. UE2136O97NLB5BYP9H04 McDonald's Corporation 580135101 2911.00000000 NS USD 913617.35000000 0.509799178286 Long EC CORP US N 1 N N N Adtalem Global Education Inc 549300Z467EZLMODV621 Adtalem Global Education, Inc. 00737L103 1498.00000000 NS USD 197780.94000000 0.110361915404 Long EC CORP US N 1 N N N Sanofi SA 549300E9PC51EN656011 Sanofi ADR 80105N105 3949.00000000 NS USD 194962.13000000 0.108789017273 Long EC CORP FR N 1 N N N Hong Kong Exchanges & Clearing Ltd. 213800YTVSXYQN17BW16 Hong Kong Exchanges and Clearing Ltd. ADR 43858F109 23496.00000000 NS USD 1176679.68000000 0.656588159113 Long EC CORP US N 1 N N N DBX ETF Trust DNLQXYGHEZ10Q9SIK386 DEUTSCHE X-TRACKERS HARVEST CSI 300 CHINA A-SHARES ETF 233051879 100254.00000000 NS USD 2640690.36000000 1.473507235427 Long EC RF US N 1 N N N SAP SE 529900D6BF99LW9R2E68 SAP AG ADR 803054204 1431.00000000 NS USD 433392.66000000 0.241833434909 Long EC CORP DE N 1 N N N Novartis AG 5493007HIVTX6SY6XD66 Novartis AG ADR 66987V109 3795.00000000 NS USD 439309.20000000 0.245134868743 Long EC CORP CH N 1 N N N AT&T Inc 549300Z40J86GGSTL398 AT&T, Inc. 00206R102 29970.00000000 NS USD 833166.00000000 0.464907263611 Long EC CORP US N 1 N N N Relx PLC 549300WSX3VBUFFJOO66 RELX plc ADR 759530108 7831.00000000 NS USD 422247.52000000 0.235614438286 Long EC CORP GB N 1 N N N MGIC Investment Corp. 254900S8483WM4M98R28 MGIC Investment Corporation 552848103 7865.00000000 NS USD 208029.25000000 0.116080480202 Long EC CORP US N 1 N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Company 46625H100 8015.00000000 NS USD 2115960.00000000 1.180707294237 Long EC CORP US N 1 N N N 2025-06-23 Blueprint Adaptive Growth Allocation Fund Daniel D. Bauer Daniel D. Bauer Treasurer XXXX