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value="Sedol"/></identifiers><balance>19500</balance><units>NS</units><curCd>USD</curCd><valUSD>41907840</valUSD><pctVal>2.032</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>BWX Technologies Inc</name><lei>549300NP85N265KWMS58</lei><title>BWX Technologies Inc</title><cusip>05605H100</cusip><identifiers><isin value="US05605H1005"/><ticker value="BWXT US"/><other otherDesc="BZ0W624" 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value="Sedol"/></identifiers><balance>442338</balance><units>NS</units><curCd>USD</curCd><valUSD>28924482</valUSD><pctVal>1.403</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>Burlington Stores Inc</name><lei>5299003Z37DVGKKC1W09</lei><title>Burlington Stores Inc</title><cusip>122017106</cusip><identifiers><isin value="US1220171060"/><ticker value="BURL US"/><other otherDesc="BF311Y5" value="Sedol"/></identifiers><balance>97034</balance><units>NS</units><curCd>USD</curCd><valUSD>13218942</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>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>1865860</balance><units>NS</units><curCd>USD</curCd><valUSD>48120529</valUSD><pctVal>2.334</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>348581</balance><units>NS</units><curCd>USD</curCd><valUSD>24344897</valUSD><pctVal>1.181</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>571508</balance><units>NS</units><curCd>USD</curCd><valUSD>29872723</valUSD><pctVal>1.449</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>25039495</valUSD><pctVal>1.214</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>257245</balance><units>NS</units><curCd>USD</curCd><valUSD>47585180</valUSD><pctVal>2.308</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>845712</balance><units>NS</units><curCd>USD</curCd><valUSD>30183461</valUSD><pctVal>1.464</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>679258</balance><units>NS</units><curCd>USD</curCd><valUSD>36775028</valUSD><pctVal>1.783</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>32340009</valUSD><pctVal>1.568</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>231303</balance><units>NS</units><curCd>USD</curCd><valUSD>12855821</valUSD><pctVal>0.623</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>366716</balance><units>NS</units><curCd>USD</curCd><valUSD>41306890</valUSD><pctVal>2.003</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>918697</balance><units>NS</units><curCd>USD</curCd><valUSD>35406582</valUSD><pctVal>1.717</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>813077</balance><units>NS</units><curCd>USD</curCd><valUSD>57297536</valUSD><pctVal>2.779</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>288389</balance><units>NS</units><curCd>USD</curCd><valUSD>20827454</valUSD><pctVal>1.01</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>160878</balance><units>NS</units><curCd>USD</curCd><valUSD>24620769</valUSD><pctVal>1.194</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>19957762</valUSD><pctVal>0.968</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>24191588</valUSD><pctVal>1.173</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>588229</balance><units>NS</units><curCd>USD</curCd><valUSD>17470401</valUSD><pctVal>0.847</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>234016</balance><units>NS</units><curCd>USD</curCd><valUSD>22034947</valUSD><pctVal>1.069</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>272898</balance><units>NS</units><curCd>USD</curCd><valUSD>30193435</valUSD><pctVal>1.464</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>522659</balance><units>NS</units><curCd>USD</curCd><valUSD>29342076</valUSD><pctVal>1.423</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>34554382</valUSD><pctVal>1.676</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>1739837</balance><units>NS</units><curCd>USD</curCd><valUSD>35666659</valUSD><pctVal>1.73</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>955298</balance><units>NS</units><curCd>USD</curCd><valUSD>9830016</valUSD><pctVal>0.477</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" value="Sedol"/></identifiers><balance>751984</balance><units>NS</units><curCd>USD</curCd><valUSD>49202313</valUSD><pctVal>2.386</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>Humana Inc</name><lei>529900YLDW34GJAO4J06</lei><title>HUMANA INC</title><cusip>444859102</cusip><identifiers><isin value="US4448591028"/><ticker value="HUM US"/><other otherDesc="2445063" value="Sedol"/></identifiers><balance>43435</balance><units>NS</units><curCd>USD</curCd><valUSD>20330620</valUSD><pctVal>0.986</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>Kellogg Co</name><lei>LONOZNOJYIBXOHXWDB86</lei><title>Kellogg Co</title><cusip>487836108</cusip><identifiers><isin value="US4878361082"/><ticker value="K US"/><other otherDesc="2486813" 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value="Sedol"/></identifiers><balance>19229</balance><units>NS</units><curCd>USD</curCd><valUSD>8194438</valUSD><pctVal>0.397</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>Lamar Advertising Co</name><lei>529900Y8WW4MKVPTB543</lei><title>Lamar Advertising Co</title><cusip>512816109</cusip><identifiers><isin value="US5128161099"/><ticker value="LAMR US"/><other otherDesc="BSPHGN6" value="Sedol"/></identifiers><balance>256378</balance><units>NS</units><curCd>USD</curCd><valUSD>22553573</valUSD><pctVal>1.094</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" 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value="Sedol"/></identifiers><balance>245456</balance><units>NS</units><curCd>USD</curCd><valUSD>30279452</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>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>24710</balance><units>NS</units><curCd>USD</curCd><valUSD>2535987</valUSD><pctVal>0.123</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>416730</balance><units>NS</units><curCd>USD</curCd><valUSD>31300590</valUSD><pctVal>1.518</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>301009</balance><units>NS</units><curCd>USD</curCd><valUSD>28731309</valUSD><pctVal>1.393</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>18062426</valUSD><pctVal>0.876</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>332604</balance><units>NS</units><curCd>USD</curCd><valUSD>19317640</valUSD><pctVal>0.937</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>49108</balance><units>NS</units><curCd>USD</curCd><valUSD>31024470</valUSD><pctVal>1.505</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>194872</balance><units>NS</units><curCd>USD</curCd><valUSD>16006786</valUSD><pctVal>0.776</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>35529059</valUSD><pctVal>1.723</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>1376252</balance><units>NS</units><curCd>USD</curCd><valUSD>25804725</valUSD><pctVal>1.251</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>27438471</valUSD><pctVal>1.331</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>464159</balance><units>NS</units><curCd>USD</curCd><valUSD>35619562</valUSD><pctVal>1.727</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>832412</balance><units>NS</units><curCd>USD</curCd><valUSD>30066721</valUSD><pctVal>1.458</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>508012</balance><units>NS</units><curCd>USD</curCd><valUSD>31318940</valUSD><pctVal>1.519</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>2268500</balance><units>NS</units><curCd>USD</curCd><valUSD>22503520</valUSD><pctVal>1.091</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>59875</balance><units>NS</units><curCd>USD</curCd><valUSD>18184038</valUSD><pctVal>0.882</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" value="Sedol"/></identifiers><balance>401770</balance><units>NS</units><curCd>USD</curCd><valUSD>14483809</valUSD><pctVal>0.702</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>Take-Two Interactive Software</name><lei>BOMSTHHJK882EWYX3334</lei><title>Take-Two Interactive Software Inc</title><cusip>874054109</cusip><identifiers><isin value="US8740541094"/><ticker value="TTWO US"/><other otherDesc="2122117" value="Sedol"/></identifiers><balance>231989</balance><units>NS</units><curCd>USD</curCd><valUSD>28425612</valUSD><pctVal>1.378</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>Teradyne Inc</name><lei>C3X4YJ278QNZHRJULN75</lei><title>Teradyne Inc</title><cusip>880770102</cusip><identifiers><isin value="US8807701029"/><ticker value="TER US"/><other otherDesc="2884183" value="Sedol"/></identifiers><balance>257721</balance><units>NS</units><curCd>USD</curCd><valUSD>23078916</valUSD><pctVal>1.119</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>Vontier Corp</name><lei>549300VVSQLG4P5K4639</lei><title>Vontier Corp</title><cusip>928881101</cusip><identifiers><isin value="US9288811014"/><ticker value="VNT US"/><other otherDesc="BH4GV32" value="Sedol"/></identifiers><balance>1332681</balance><units>NS</units><curCd>USD</curCd><valUSD>30638336</valUSD><pctVal>1.486</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" value="Sedol"/></identifiers><balance>309768</balance><units>NS</units><curCd>USD</curCd><valUSD>38398841</valUSD><pctVal>1.862</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>Webster Financial Corp</name><lei>KMRURHT0VWKYS6Z5KU67</lei><title>Webster Financial Corp</title><cusip>947890109</cusip><identifiers><isin value="US9478901096"/><ticker value="WBS US"/><other otherDesc="2945143" value="Sedol"/></identifiers><balance>336099</balance><units>NS</units><curCd>USD</curCd><valUSD>14166573</valUSD><pctVal>0.687</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>213725</balance><units>NS</units><curCd>USD</curCd><valUSD>20949325</valUSD><pctVal>1.016</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>752288</balance><units>NS</units><curCd>USD</curCd><valUSD>24915779</valUSD><pctVal>1.208</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>437190</balance><units>NS</units><curCd>USD</curCd><valUSD>9666271</valUSD><pctVal>0.469</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>15881537</valUSD><pctVal>0.77</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>382522</balance><units>NS</units><curCd>USD</curCd><valUSD>59814965</valUSD><pctVal>2.901</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>2022-08-14</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></edgarSubmission>
