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value="Sedol"/></identifiers><balance>878159</balance><units>NS</units><curCd>USD</curCd><valUSD>47297644</valUSD><pctVal>1.811</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Baker Hughes Co</name><lei>N/A</lei><title>Baker Hughes Co</title><cusip>05722G100</cusip><identifiers><isin value="US05722G1004"/><ticker value="BKR US"/><other otherDesc="BDHLTQ5" value="Sedol"/></identifiers><balance>1410861</balance><units>NS</units><curCd>USD</curCd><valUSD>51369449</valUSD><pctVal>1.966</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Black Knight Inc</name><lei>549300TUSNXS3BFFML48</lei><title>Black Knight Inc</title><cusip>09215C105</cusip><identifiers><isin value="US09215C1053"/><ticker value="BKI US"/><other otherDesc="BDG75V1" value="Sedol"/></identifiers><balance>497313</balance><units>NS</units><curCd>USD</curCd><valUSD>28839181</valUSD><pctVal>1.104</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Coterra Energy Inc</name><lei>FCNMH6O7VWU7LHXMK351</lei><title>Cabot Oil &amp; Gas Corp</title><cusip>127097103</cusip><identifiers><isin value="US1270971039"/><ticker value="CTRA US"/><other otherDesc="2162340" value="Sedol"/></identifiers><balance>2310469</balance><units>NS</units><curCd>USD</curCd><valUSD>62313349</valUSD><pctVal>2.385</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Canadian Pacific Railway Ltd</name><lei>N/A</lei><title>Canadian Pacific Railway Ltd</title><cusip>13645T100</cusip><identifiers><isin value="CA13645T1003"/><ticker value="CP US"/><other otherDesc="2793104" value="Sedol"/></identifiers><balance>280590</balance><units>NS</units><curCd>USD</curCd><valUSD>23159899</valUSD><pctVal>0.887</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Cardinal Health Inc</name><lei>CCU46N3GJMF4OK4N7U60</lei><title>Cardinal Health Inc</title><cusip>14149Y108</cusip><identifiers><isin value="US14149Y1082"/><ticker value="CAH US"/><other otherDesc="2175672" value="Sedol"/></identifiers><balance>781360</balance><units>NS</units><curCd>USD</curCd><valUSD>44303112</valUSD><pctVal>1.696</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Carlisle Cos Inc</name><lei>XR64VGX1ZPX6G7ZN7Z11</lei><title>Carlisle Cos Inc</title><cusip>142339100</cusip><identifiers><isin value="US1423391002"/><ticker value="CSL US"/><other otherDesc="2176318" value="Sedol"/></identifiers><balance>104939</balance><units>NS</units><curCd>USD</curCd><valUSD>25806599</valUSD><pctVal>0.988</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Casey's General Stores Inc</name><lei>549300CAFWSI86V66Q65</lei><title>Casey's General Stores Inc</title><cusip>147528103</cusip><identifiers><isin value="US1475281036"/><ticker value="CASY US"/><other otherDesc="2179414" value="Sedol"/></identifiers><balance>273938</balance><units>NS</units><curCd>USD</curCd><valUSD>54286293</valUSD><pctVal>2.078</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Citizens Financial Group Inc</name><lei>2138004JDDA4ZQUPFW65</lei><title>Citizens Financial Group Inc</title><cusip>174610105</cusip><identifiers><isin value="US1746101054"/><ticker value="CFG US"/><other otherDesc="BQRX1X3" value="Sedol"/></identifiers><balance>906860</balance><units>NS</units><curCd>USD</curCd><valUSD>41107964</valUSD><pctVal>1.574</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Corteva Inc</name><lei>549300WZN9I2QKLS0O94</lei><title>Corteva Inc</title><cusip>22052L104</cusip><identifiers><isin value="US22052L1044"/><ticker value="CTVA US"/><other otherDesc="BK73B42" value="Sedol"/></identifiers><balance>716597</balance><units>NS</units><curCd>USD</curCd><valUSD>41189996</valUSD><pctVal>1.577</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>DTE Energy Co</name><lei>549300IX8SD6XXD71I78</lei><title>DTE Energy Co</title><cusip>233331107</cusip><identifiers><isin value="US2333311072"/><ticker value="DTE US"/><other otherDesc="2280220" value="Sedol"/></identifiers><balance>255148</balance><units>NS</units><curCd>USD</curCd><valUSD>33733117</valUSD><pctVal>1.291</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Discovery Inc</name><lei>5493006ZCRFWKF6B1K26</lei><title>Discovery Inc</title><cusip>25470F302</cusip><identifiers><isin value="US25470F3029"/><ticker value="DISCK US"/><other otherDesc="B3D7KG4" value="Sedol"/></identifiers><balance>1207398</balance><units>NS</units><curCd>USD</curCd><valUSD>30148728</valUSD><pctVal>1.154</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>DuPont de Nemours Inc</name><lei>5493004JF0SDFLM8GD76</lei><title>DuPont de Nemours Inc</title><cusip>26614N102</cusip><identifiers><isin value="US26614N1028"/><ticker value="DD US"/><other otherDesc="BK0VN47" value="Sedol"/></identifiers><balance>448182</balance><units>NS</units><curCd>USD</curCd><valUSD>32977232</valUSD><pctVal>1.262</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>EMCOR Group Inc</name><lei>529900X0SQJB2J7YDU43</lei><title>EMCOR Group Inc</title><cusip>29084Q100</cusip><identifiers><isin value="US29084Q1004"/><ticker value="EME US"/><other otherDesc="2474164" value="Sedol"/></identifiers><balance>194656</balance><units>NS</units><curCd>USD</curCd><valUSD>21924105</valUSD><pctVal>0.839</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Entergy Corp</name><lei>4XM3TW50JULSLG8BNC79</lei><title>Entergy Corp</title><cusip>29364G103</cusip><identifiers><isin value="US29364G1031"/><ticker value="ETR US"/><other otherDesc="2317087" value="Sedol"/></identifiers><balance>347524</balance><units>NS</units><curCd>USD</curCd><valUSD>40573427</valUSD><pctVal>1.553</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Envista Holdings Corp</name><lei>549300BX623VURJZ5269</lei><title>Envista Holdings Corp</title><cusip>29415F104</cusip><identifiers><isin value="US29415F1049"/><ticker value="NVST US"/><other otherDesc="BK63SF3" value="Sedol"/></identifiers><balance>1031038</balance><units>NS</units><curCd>USD</curCd><valUSD>50221861</valUSD><pctVal>1.922</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Equity LifeStyle Properties In</name><lei>529900PEQG66LENB6798</lei><title>Equity LifeStyle Properties Inc</title><cusip>29472R108</cusip><identifiers><isin value="US29472R1086"/><ticker value="ELS US"/><other otherDesc="2563125" value="Sedol"/></identifiers><balance>780450</balance><units>NS</units><curCd>USD</curCd><valUSD>59688816</valUSD><pctVal>2.285</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Equity Residential</name><lei>5493008RACSH5EP3PI59</lei><title>Equity Residential</title><cusip>29476L107</cusip><identifiers><isin value="US29476L1070"/><ticker value="EQR US"/><other otherDesc="2319157" value="Sedol"/></identifiers><balance>388156</balance><units>NS</units><curCd>USD</curCd><valUSD>34902987</valUSD><pctVal>1.336</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>FMC Corp</name><lei>CKDHZ2X64EEBQCSP7013</lei><title>FMC Corp</title><cusip>302491303</cusip><identifiers><isin value="US3024913036"/><ticker value="FMC US"/><other otherDesc="2328603" value="Sedol"/></identifiers><balance>179311</balance><units>NS</units><curCd>USD</curCd><valUSD>23591948</valUSD><pctVal>0.903</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>F5 Inc</name><lei>54930015FPK9KT966303</lei><title>F5 Networks Inc</title><cusip>315616102</cusip><identifiers><isin value="US3156161024"/><ticker value="FFIV US"/><other otherDesc="2427599" value="Sedol"/></identifiers><balance>215020</balance><units>NS</units><curCd>USD</curCd><valUSD>44928429</valUSD><pctVal>1.72</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fifth Third Bancorp</name><lei>THRNG6BD57P9QWTQLG42</lei><title>Fifth Third Bancorp</title><cusip>316773100</cusip><identifiers><isin value="US3167731005"/><ticker value="FITB US"/><other otherDesc="2336747" value="Sedol"/></identifiers><balance>593981</balance><units>NS</units><curCd>USD</curCd><valUSD>25564942</valUSD><pctVal>0.979</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>First Horizon Corp</name><lei>TF3RXI1ZB1TQ30H9JV10</lei><title>First Horizon National Corp</title><cusip>320517105</cusip><identifiers><isin value="US3205171057"/><ticker value="FHN US"/><other otherDesc="2341484" value="Sedol"/></identifiers><balance>1106660</balance><units>NS</units><curCd>USD</curCd><valUSD>25995443</valUSD><pctVal>0.995</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fortune Brands Home &amp; Security</name><lei>54930032LHW54PQUJD44</lei><title>Fortune Brands Home &amp; Security Inc</title><cusip>34964C106</cusip><identifiers><isin value="US34964C1062"/><ticker value="FBHS US"/><other otherDesc="B3MC7D6" value="Sedol"/></identifiers><balance>168923</balance><units>NS</units><curCd>USD</curCd><valUSD>12547600</valUSD><pctVal>0.48</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fox Corp</name><lei>549300DDU6FDRBIELS05</lei><title>Fox Corp - Class B</title><cusip>35137L204</cusip><identifiers><isin value="US35137L2043"/><ticker value="FOX US"/><other otherDesc="BJJMGY5" value="Sedol"/></identifiers><balance>1269295</balance><units>NS</units><curCd>USD</curCd><valUSD>46050023</valUSD><pctVal>1.763</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>GATX Corp</name><lei>549300IHYHCQP2PIR591</lei><title>GATX Corp</title><cusip>361448103</cusip><identifiers><isin value="US3614481030"/><ticker value="GATX US"/><other otherDesc="2362128" value="Sedol"/></identifiers><balance>186359</balance><units>NS</units><curCd>USD</curCd><valUSD>22983655</valUSD><pctVal>0.88</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Global Payments Inc</name><lei>549300NOMHGVQBX6S778</lei><title>Global Payments Inc</title><cusip>37940X102</cusip><identifiers><isin value="US37940X1028"/><ticker value="GPN US"/><other otherDesc="2712013" value="Sedol"/></identifiers><balance>280301</balance><units>NS</units><curCd>USD</curCd><valUSD>38356389</valUSD><pctVal>1.468</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Globus Medical Inc</name><lei>5299003M2P4CIK0RF205</lei><title>Globus Medical Inc</title><cusip>379577208</cusip><identifiers><isin value="US3795772082"/><ticker value="GMED US"/><other otherDesc="B7D65M0" value="Sedol"/></identifiers><balance>372831</balance><units>NS</units><curCd>USD</curCd><valUSD>27507471</valUSD><pctVal>1.053</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Globe Life Inc</name><lei>5493001JFHKQOPP6XA71</lei><title>Globe Life Inc</title><cusip>37959E102</cusip><identifiers><isin value="US37959E1029"/><ticker value="GL US"/><other otherDesc="BK6YKG1" value="Sedol"/></identifiers><balance>354513</balance><units>NS</units><curCd>USD</curCd><valUSD>35664008</valUSD><pctVal>1.365</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Graphic Packaging Holding Co</name><lei>N/A</lei><title>Graphic Packaging Holding Co</title><cusip>388689101</cusip><identifiers><isin value="US3886891015"/><ticker value="GPK US"/><other otherDesc="B2Q8249" value="Sedol"/></identifiers><balance>1859374</balance><units>NS</units><curCd>USD</curCd><valUSD>37261855</valUSD><pctVal>1.426</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hanesbrands Inc</name><lei>GX5LWVWZLL5S4W1L2F20</lei><title>Hanesbrands Inc</title><cusip>410345102</cusip><identifiers><isin value="US4103451021"/><ticker value="HBI US"/><other otherDesc="B1BJSL9" value="Sedol"/></identifiers><balance>2382496</balance><units>NS</units><curCd>USD</curCd><valUSD>35475365</valUSD><pctVal>1.358</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hartford Financial Services Gr</name><lei>IU7C3FTM7Y3BQM112U94</lei><title>Hartford Financial Services Group Inc</title><cusip>416515104</cusip><identifiers><isin value="US4165151048"/><ticker value="HIG US"/><other otherDesc="2476193" 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value="Sedol"/></identifiers><balance>200309</balance><units>NS</units><curCd>USD</curCd><valUSD>23271900</valUSD><pctVal>0.891</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Lamb Weston Holdings Inc</name><lei>5493005SMYID1D2OY946</lei><title>Lamb Weston Holdings Inc</title><cusip>513272104</cusip><identifiers><isin value="US5132721045"/><ticker value="LW US"/><other otherDesc="BDQZFJ3" value="Sedol"/></identifiers><balance>599069</balance><units>NS</units><curCd>USD</curCd><valUSD>35890224</valUSD><pctVal>1.374</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Lear Corp</name><lei>549300UPNBTXA1SYTQ33</lei><title>Lear Corp</title><cusip>521865204</cusip><identifiers><isin value="US5218652049"/><ticker value="LEA US"/><other otherDesc="B570P91" value="Sedol"/></identifiers><balance>127370</balance><units>NS</units><curCd>USD</curCd><valUSD>18161688</valUSD><pctVal>0.695</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Levi Strauss &amp; Co</name><lei>MB0UERO0RDFKU8258G77</lei><title>Levi Strauss &amp; Co</title><cusip>52736R102</cusip><identifiers><isin value="US52736R1023"/><ticker value="LEVI US"/><other otherDesc="BHRWS81" value="Sedol"/></identifiers><balance>499793</balance><units>NS</units><curCd>USD</curCd><valUSD>9875910</valUSD><pctVal>0.378</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Lincoln Electric Holdings Inc</name><lei>BIMGBY40SIN95O01BN93</lei><title>Lincoln Electric Holdings Inc</title><cusip>533900106</cusip><identifiers><isin value="US5339001068"/><ticker value="LECO US"/><other otherDesc="2516851" value="Sedol"/></identifiers><balance>245456</balance><units>NS</units><curCd>USD</curCd><valUSD>33826291</valUSD><pctVal>1.295</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MKS Instruments Inc</name><lei>549300KEQATBHAGVF505</lei><title>MKS Instruments Inc</title><cusip>55306N104</cusip><identifiers><isin value="US55306N1046"/><ticker value="MKSI US"/><other otherDesc="2404871" value="Sedol"/></identifiers><balance>235147</balance><units>NS</units><curCd>USD</curCd><valUSD>35272050</valUSD><pctVal>1.35</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MSC Industrial Direct Co Inc</name><lei>0XVKH0LN6YGOWO2EGO17</lei><title>MSC Industrial Direct Co Inc</title><cusip>553530106</cusip><identifiers><isin value="US5535301064"/><ticker value="MSM US"/><other otherDesc="2567655" value="Sedol"/></identifiers><balance>356353</balance><units>NS</units><curCd>USD</curCd><valUSD>30364839</valUSD><pctVal>1.162</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ManTech International Corp/VA</name><lei>5299007N03CAU4SWNR02</lei><title>Mantech International Corp</title><cusip>564563104</cusip><identifiers><isin value="US5645631046"/><ticker value="MANT US"/><other otherDesc="2825308" value="Sedol"/></identifiers><balance>356059</balance><units>NS</units><curCd>USD</curCd><valUSD>30688725</valUSD><pctVal>1.175</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Marathon Petroleum Corp</name><lei>3BNYRYQHD39K4LCKQF12</lei><title>Marathon Petroleum Corp</title><cusip>56585A102</cusip><identifiers><isin value="US56585A1025"/><ticker value="MPC US"/><other otherDesc="B3K3L40" value="Sedol"/></identifiers><balance>74912</balance><units>NS</units><curCd>USD</curCd><valUSD>6404976</valUSD><pctVal>0.245</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Martin Marietta Materials Inc</name><lei>5299005MZ4WZECVATV08</lei><title>Martin Marietta Materials Inc</title><cusip>573284106</cusip><identifiers><isin value="US5732841060"/><ticker value="MLM US"/><other otherDesc="2572079" value="Sedol"/></identifiers><balance>60361</balance><units>NS</units><curCd>USD</curCd><valUSD>23232345</valUSD><pctVal>0.889</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Microchip Technology Inc</name><lei>5493007PTFULNYZJ1R12</lei><title>MICROCHIP TECHNOLOGY INC</title><cusip>595017104</cusip><identifiers><isin value="US5950171042"/><ticker value="MCHP US"/><other otherDesc="2592174" value="Sedol"/></identifiers><balance>408601</balance><units>NS</units><curCd>USD</curCd><valUSD>30702279</valUSD><pctVal>1.175</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Motorola Solutions Inc</name><lei>6S552MUG6KGJVEBSEC55</lei><title>Motorola Solutions Inc</title><cusip>620076307</cusip><identifiers><isin value="US6200763075"/><ticker value="MSI US"/><other otherDesc="B5BKPQ4" value="Sedol"/></identifiers><balance>20041</balance><units>NS</units><curCd>USD</curCd><valUSD>4853930</valUSD><pctVal>0.186</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>O'Reilly Automotive Inc</name><lei>549300K2RLMQL149Q332</lei><title>O'Reilly Automotive Inc</title><cusip>67103H107</cusip><identifiers><isin value="US67103H1077"/><ticker value="ORLY US"/><other otherDesc="B65LWX6" value="Sedol"/></identifiers><balance>41299</balance><units>NS</units><curCd>USD</curCd><valUSD>28288163</valUSD><pctVal>1.083</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oshkosh Corp</name><lei>549300FEKNPCFSA2B506</lei><title>Oshkosh Corp</title><cusip>688239201</cusip><identifiers><isin value="US6882392011"/><ticker value="OSK US"/><other otherDesc="2663520" value="Sedol"/></identifiers><balance>392744</balance><units>NS</units><curCd>USD</curCd><valUSD>39529684</valUSD><pctVal>1.513</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Pioneer Natural Resources Co</name><lei>FY8JBF7CCL2VE4F1B628</lei><title>Pioneer Natural Resources Co</title><cusip>723787107</cusip><identifiers><isin value="US7237871071"/><ticker value="PXD US"/><other otherDesc="2690830" value="Sedol"/></identifiers><balance>159266</balance><units>NS</units><curCd>USD</curCd><valUSD>39821278</valUSD><pctVal>1.524</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Micro Focus International PLC</name><lei>549300PSXEKU4PHLCR04</lei><title>Qurate Retail Inc</title><cusip>74915M100</cusip><identifiers><isin value="US74915M1009"/><ticker value="QRTEA US"/><other otherDesc="BZ19HB0" value="Sedol"/></identifiers><balance>3237051</balance><units>NS</units><curCd>USD</curCd><valUSD>15408363</valUSD><pctVal>0.59</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Regions Financial Corp</name><lei>CW05CS5KW59QTC0DG824</lei><title>Regions Financial Corp</title><cusip>7591EP100</cusip><identifiers><isin value="US7591EP1005"/><ticker value="RF US"/><other otherDesc="B01R311" value="Sedol"/></identifiers><balance>1533316</balance><units>NS</units><curCd>USD</curCd><valUSD>34131614</valUSD><pctVal>1.307</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Reinsurance Group of America I</name><lei>LORM1GNEU1DKEW527V90</lei><title>Reinsurance Group of America Inc</title><cusip>759351604</cusip><identifiers><isin value="US7593516047"/><ticker value="RGA US"/><other otherDesc="2731193" value="Sedol"/></identifiers><balance>233937</balance><units>NS</units><curCd>USD</curCd><valUSD>25606744</valUSD><pctVal>0.98</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Henry Schein Inc</name><lei>VGO3WGL8H45T73F4RR92</lei><title>Henry Schein Inc</title><cusip>806407102</cusip><identifiers><isin value="US8064071025"/><ticker value="HSIC US"/><other otherDesc="2416962" value="Sedol"/></identifiers><balance>568445</balance><units>NS</units><curCd>USD</curCd><valUSD>49562720</valUSD><pctVal>1.897</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Scotts Miracle-Gro Co/The</name><lei>2TH9E0JTOUXOEGI2R879</lei><title>Scotts Miracle-Gro Co</title><cusip>810186106</cusip><identifiers><isin value="US8101861065"/><ticker value="SMG US"/><other otherDesc="2781518" value="Sedol"/></identifiers><balance>136207</balance><units>NS</units><curCd>USD</curCd><valUSD>16748013</valUSD><pctVal>0.641</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Southwest Airlines Co</name><lei>UDTZ87G0STFETI6HGH41</lei><title>Southwest Airlines Co</title><cusip>844741108</cusip><identifiers><isin value="US8447411088"/><ticker value="LUV US"/><other otherDesc="2831543" value="Sedol"/></identifiers><balance>717218</balance><units>NS</units><curCd>USD</curCd><valUSD>32848584</valUSD><pctVal>1.257</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>State Street Corp</name><lei>549300ZFEEJ2IP5VME73</lei><title>STATE STREET CORP</title><cusip>857477103</cusip><identifiers><isin value="US8574771031"/><ticker value="STT US"/><other otherDesc="2842040" value="Sedol"/></identifiers><balance>568341</balance><units>NS</units><curCd>USD</curCd><valUSD>49513868</valUSD><pctVal>1.895</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Sunstone Hotel Investors Inc</name><lei>529900ZQ2V52V96ATF67</lei><title>Sunstone Hotel Investors Inc</title><cusip>867892101</cusip><identifiers><isin value="US8678921011"/><ticker value="SHO US"/><other otherDesc="B034LG1" value="Sedol"/></identifiers><balance>1699356</balance><units>NS</units><curCd>USD</curCd><valUSD>20018414</valUSD><pctVal>0.766</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Synopsys Inc</name><lei>QG7T915N9S0NY5UKNE63</lei><title>Synopsys Inc</title><cusip>871607107</cusip><identifiers><isin value="US8716071076"/><ticker value="SNPS US"/><other otherDesc="2867719" value="Sedol"/></identifiers><balance>67905</balance><units>NS</units><curCd>USD</curCd><valUSD>22630699</valUSD><pctVal>0.866</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Synovus Financial Corp</name><lei>549300EIUS8UN5JTLE54</lei><title>Synovus Financial Corp</title><cusip>87161C501</cusip><identifiers><isin value="US87161C5013"/><ticker value="SNV US"/><other otherDesc="BMH4NJ8" 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value="Sedol"/></identifiers><balance>1131659</balance><units>NS</units><curCd>USD</curCd><valUSD>28732822</valUSD><pctVal>1.1</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Waste Connections Inc</name><lei>549300HDLRTPBQU69P29</lei><title>Waste Connections Inc</title><cusip>94106B101</cusip><identifiers><isin value="CA94106B1013"/><ticker value="WCN US"/><other otherDesc="BYVG1F6" 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value="Sedol"/></identifiers><balance>265527</balance><units>NS</units><curCd>USD</curCd><valUSD>14901375</valUSD><pctVal>0.57</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Westlake Corp</name><lei>GOXNEVUM0LL78B1OS344</lei><title>Westlake Chemical Corp</title><cusip>960413102</cusip><identifiers><isin value="US9604131022"/><ticker value="WLK US"/><other otherDesc="B01ZP20" value="Sedol"/></identifiers><balance>271245</balance><units>NS</units><curCd>USD</curCd><valUSD>33471633</valUSD><pctVal>1.281</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Weyerhaeuser Co</name><lei>08IRJODWFYBI7QWRGS31</lei><title>Weyerhaeuser Co</title><cusip>962166104</cusip><identifiers><isin value="US9621661043"/><ticker value="WY US"/><other otherDesc="2958936" value="Sedol"/></identifiers><balance>813401</balance><units>NS</units><curCd>USD</curCd><valUSD>30827898</valUSD><pctVal>1.18</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Axalta Coating Systems Ltd</name><lei>529900AGLPA40GV6H619</lei><title>Axalta Coating Systems Ltd</title><cusip>G0750C108</cusip><identifiers><isin value="BMG0750C1082"/><ticker value="AXTA US"/><other otherDesc="BSFWCF5" value="Sedol"/></identifiers><balance>1085407</balance><units>NS</units><curCd>USD</curCd><valUSD>26679304</valUSD><pctVal>1.021</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Aptiv PLC</name><lei>N/A</lei><title>APTIV PLC</title><cusip>G6095L109</cusip><identifiers><isin value="JE00B783TY65"/><ticker value="APTV US"/><other otherDesc="B783TY6" value="Sedol"/></identifiers><balance>178304</balance><units>NS</units><curCd>USD</curCd><valUSD>21344772</valUSD><pctVal>0.817</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>RenaissanceRe Holdings Ltd</name><lei>EK6GB9U3U58PDI411C94</lei><title>RenaissanceRe Holdings Ltd</title><cusip>G7496G103</cusip><identifiers><isin value="BMG7496G1033"/><ticker value="RNR US"/><other otherDesc="2728429" value="Sedol"/></identifiers><balance>419786</balance><units>NS</units><curCd>USD</curCd><valUSD>66540279</valUSD><pctVal>2.547</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec></invstOrSecs><explntrNotes><explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/></explntrNotes><signature><ncom:dateSigned>2022-05-15</ncom:dateSigned><ncom:nameOfApplicant>JANUS INVESTMENT FUND</ncom:nameOfApplicant><ncom:signature>JESPER NERGAARD</ncom:signature><ncom:signerName>JESPER NERGAARD</ncom:signerName><ncom:title>VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER</ncom:title></signature></formData><documents>XXXX</documents></edgarSubmission>
