Brandywine Global Investment Management, LLC

13F filer, CIK 829108, PHILADELPHIA, PA

Brandywine Global Investment Management, LLC reported $14,198,870,548 across 572 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-12. Its ten largest share positions make up 19.45% of the portfolio.

Filed 2025-08-12 (acceptance time not in the bulk data set), ingested 2026-10-07 18:23:11 UTC13F-HR 0000829108-25-000004

Period: 2025-06-30
Reported value: $14.2B
Holdings: 572
Top 10 weight: 19.45%
New: 83
Sold out: 69

Part of the filer group Franklin Resources

CLEARBRIDGE INVESTMENT MANAGEMENT LTD Clearbridge Investments, LLC +28 others

How groups are built

Stakes and trades reported after 2025-06-30

13D, 13G and Form 4 filings by this filer's group, dated after the 13F period, on securities the quarter does not hold as shares.

CLARION PARTNERS REAL ESTATE INCOME FUN…: 13D/A 93,329 shares, 66.6% of the class, 13D/A filed 2026-10-02, 0000038777-26-000256
Accepted 2026-10-02 15:05:46 UTC, ingested 2026-10-06 10:24:52 UTC
FRANKLIN BSP PRIVATE CREDIT ADVISOR: 13D/A 6,597,084 shares, 60.3% of the class, 13D/A filed 2026-09-28, 0000038777-26-000255
Accepted 2026-09-28 17:26:59 UTC, ingested 2026-10-06 10:11:49 UTC

Largest buys vs the previous quarter

Security	Shares change	Approx. value
AMGNadded	+312,480	$87.2M
CRMnew	+274,704	$74.9M
QCOMadded	+401,090	$63.9M
ADBEnew	+162,384	$62.8M
ANFnew	+744,026	$61.6M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
UNHexited	-553,211	-$290M
ABBVreduced	-520,981	-$96.7M
DEreduced	-161,161	-$81.9M
NEEexited	-921,444	-$65.3M
FDXreduced	-246,827	-$56.1M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0000829108-25-000004, largest first. % of portfolio is the value over $14,198,870,548, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Latest event	Timeline
JPMJPMORGAN CHASE & CO	1,298,315	$376M	2.65%	-62,920		Timeline
CMCSACOMCAST CORP NEW	8,481,249	$303M	2.13%	+1,052,529		Timeline
JNJJOHNSON & JOHNSON	1,972,587	$301M	2.12%	-145,943		Timeline
BACBANK OF AMER CORP	6,125,842	$290M	2.04%	-239,846		Timeline
CCITIGROUP INC	3,362,968	$286M	2.02%	+92,278		Timeline
TAT&T INC	9,663,955	$280M	1.97%	-85,850		Timeline
WFCWELLS FARGO & CO	3,138,429	$251M	1.77%	+202,503		Timeline
CATCATERPILLAR INC	624,360	$242M	1.71%	+27,111		Timeline
CVSCVS HEALTH CORP	3,150,315	$217M	1.53%	-271,204		Timeline
DISDISNEY WALT CO	1,728,542	$214M	1.51%	-309,803		Timeline
KRKROGER CO	2,956,142	$212M	1.49%	+83,735		Timeline
VZVERIZON COMMUNICATIONS INC	4,129,257	$179M	1.26%	+198,945		Timeline
LMTLOCKHEED MARTIN CORP	384,373	$178M	1.25%	-1,634		Timeline
DGDOLLAR GEN CORP	1,421,283	$163M	1.14%	+31,391		Timeline
GMGENERAL MTRS CO	3,152,674	$155M	1.09%	-840,809		Timeline
CSCOCISCO SYS INC	2,198,322	$153M	1.07%	-52,780		Timeline
NRGNRG ENERGY INC	919,547	$148M	1.04%	-194,461		Timeline
IBMINTERNATIONAL BUSINESS MACHS	491,275	$145M	1.02%	-13,838		Timeline
AERAERCAP HOLDINGS NV	1,176,636	$138M	0.97%	-13,782		Timeline
PYPLPAYPAL HLDGS INC	1,817,656	$135M	0.95%	+301,766		Timeline
GPNGLOBAL PMTS INC	1,679,228	$134M	0.95%	+285,029		Timeline
DEDEERE & CO	250,437	$127M	0.9%	-161,161		Timeline
MSMORGAN STANLEY	894,317	$126M	0.89%	-81,684		Timeline
MMM3M CO	816,016	$124M	0.87%	+3,883		Timeline
GSGOLDMAN SACHS GROUP INC	172,586	$122M	0.86%	-15,365		Timeline
CVXCHEVRON CORPORATION	841,176	$120M	0.85%	-33,260		Timeline
QCOMQUALCOMM INC	716,480	$114M	0.8%	+401,090		Timeline
MDTMEDTRONIC PLC	1,239,919	$108M	0.76%	+56,247		Timeline
PEPPEPSICO INC	799,496	$106M	0.74%	+275,083		Timeline
AMGNAMGEN INC	376,200	$105M	0.74%	+312,480		Timeline
TMUST-MOBILE US INC	440,343	$105M	0.74%	-2,544		Timeline
EOGEOG RES INC	838,243	$100M	0.71%	+167,168		Timeline
DALDELTA AIR LINES INC	2,026,891	$99.7M	0.7%	+60,137		Timeline
HONHONEYWELL INTL INC	418,912	$97.6M	0.69%	-2,470		Timeline
FMCFMC CORP	2,319,037	$96.8M	0.68%	+34,770		Timeline
LOWLOWES COS INC	424,908	$94.3M	0.66%	-10,400		Timeline
ABBVABBVIE INC	497,491	$92.3M	0.65%	-520,981		Timeline
WTWWILLIS TOWERS WATSON PLC LTD	300,201	$92M	0.65%	-1,344		Timeline
METMETLIFE INC	1,025,733	$82.5M	0.58%	+366,575		Timeline
NLYANNALY CAPITAL MANAGEMENT IN	4,328,606	$81.5M	0.57%	+1,081,482		Timeline
GOOGLALPHABET INC	454,450	$80.1M	0.56%	+54,352		Timeline
GILDGILEAD SCIENCES INC	699,718	$77.6M	0.55%	-5,650		Timeline
CRMSALESFORCE INC	274,704	$74.9M	0.53%	new		Timeline
HCAHCA HEALTHCARE INC	194,798	$74.6M	0.53%	-4,565		Timeline
CNQCANADIAN NAT RES LTD MED TER	2,313,289	$72.8M	0.51%	+129,691		Timeline
CECELANESE CORP DEL	1,298,819	$71.9M	0.51%	+32,924		Timeline
ONON SEMICONDUCTOR CORP	1,328,869	$69.6M	0.49%	+19,063		Timeline
MTBM & T BK CORP	355,735	$69M	0.49%	+6,229		Timeline
EBAYEBAY INC.	922,455	$68.7M	0.48%	+139,742		Timeline
CBCHUBB LIMITED	236,259	$68.4M	0.48%	-46,534		Timeline
PGRPROGRESSIVE CORP	255,357	$68.1M	0.48%	+80,708		Timeline
FEFIRSTENERGY CORP	1,645,163	$66.2M	0.47%	+355,672		Timeline
MOALTRIA GROUP INC	1,098,412	$64.4M	0.45%	+76,741		Timeline
SYYSYSCO CORP	844,350	$64M	0.45%	+236,596		Timeline
XELXCEL ENERGY INC	929,312	$63.3M	0.45%	+5,276		Timeline
ADBEADOBE INC	162,384	$62.8M	0.44%	new		Timeline
ANFABERCROMBIE & FITCH CO	744,026	$61.6M	0.43%	new		Timeline
FCXFREEPORT MCMORAN INC	1,389,637	$60.2M	0.42%	-157,882		Timeline
MDLZMONDELEZ INTL INC	893,029	$60.2M	0.42%	+110,246		Timeline
VLOVALERO ENERGY CORP	438,435	$58.9M	0.42%	-37,795		Timeline
GSKGSK PLC	1,510,384	$58M	0.41%	-224		Timeline
SHELSHELL PLC	820,762	$57.8M	0.41%	+8,108		Timeline
AFLAFLAC INC	547,760	$57.8M	0.41%	+24,524		Timeline
RRXREGAL REXNORD CORPORATION	398,107	$57.7M	0.41%	+172,568		Timeline
CITHE CIGNA GROUP	174,534	$57.7M	0.41%	+8,592		Timeline
TSMTAIWAN SEMICONDUCTOR MANUFAC	251,680	$57M	0.4%	+183,248		Timeline
FDXFEDEX CORP	246,660	$56.1M	0.39%	-246,827		Timeline
MUMICRON TECHNOLOGY INC	449,929	$55.5M	0.39%	+39,811		Timeline
CAGCONAGRA BRANDS INC	2,700,624	$55.3M	0.39%	+10,701		Timeline
TRVTRAVELERS COMPANIES INC	205,914	$55.1M	0.39%	-8,510		Timeline
CSXCSX CORP	1,628,255	$53.1M	0.37%	+479,982		Timeline
VNTVONTIER CORPORATION	1,413,252	$52.1M	0.37%	+19,529		Timeline
DUKDUKE ENERGY CORP NEW	434,508	$51.3M	0.36%	-10,540		Timeline
ICLRICON PUB LTD CO	354,775	$51.1M	0.36%	+220,381		Timeline
SRESEMPRA	666,108	$50.5M	0.36%	+50,325		Timeline
EIXEDISON INTL	944,353	$48.7M	0.34%	+140,993		Timeline
HUMHUMANA INC	195,086	$47.7M	0.34%	+2,326		Timeline
COPCONOCOPHILLIPS	529,135	$47.5M	0.33%	+88,283		Timeline
KMBKIMBERLY-CLARK CORP	368,161	$47.5M	0.33%	+34,277		Timeline
GDGENERAL DYNAMICS CORP	162,258	$47.3M	0.33%	new		Timeline
ELLAUDER ESTEE COS INC	584,581	$47.2M	0.33%	+9,883		Timeline
CCKCROWN HLDGS INC	457,023	$47.1M	0.33%	-261,084		Timeline
RPRXROYALTY PHARMA PLC	1,260,205	$45.4M	0.32%	-460,171		Timeline
ALLALLSTATE CORP	220,698	$44.4M	0.31%	-163,667		Timeline
SLBSLB LIMITED	1,311,339	$44.3M	0.31%	+473,457		Timeline
WMTWALMART INC	452,411	$44.2M	0.31%	-2,618		Timeline
WMBWILLIAMS COS INC	698,292	$43.9M	0.31%	-3,918		Timeline
NEMNEWMONT CORP	731,065	$42.6M	0.3%	+43,687		Timeline
TSNTYSON FOODS INC	758,181	$42.4M	0.3%	-541,671		Timeline
PHMPULTE GROUP INC	401,269	$42.3M	0.3%	-4,985		Timeline
JBLJABIL INC	192,394	$42M	0.3%	-59,311		Timeline
ABEVAMBEV SA	17,187,221	$41.4M	0.29%	-408,242		Timeline
CRHCRH PLC	441,642	$40.8M	0.29%	new		Timeline
IWDISHARES TR	209,596	$40.7M	0.29%	-59,103		Timeline
VTRSVIATRIS INC	4,473,259	$39.9M	0.28%	-503,874		Timeline
KMIKINDER MORGAN INC DEL	1,352,362	$39.8M	0.28%	-523		Timeline
PFEPFIZER INC	1,637,574	$39.7M	0.28%	+503,895		Timeline
APOAPOLLO GLOBAL MGMT INC	276,304	$39.2M	0.28%	-6,840		Timeline
NVRNVR INC	5,307	$39.2M	0.28%	+784		Timeline
CMICUMMINS INC	118,144	$38.7M	0.27%	+23,605		Timeline
MGAMAGNA INTL INC	995,218	$38.5M	0.27%	-15,317		Timeline
GISGENERAL MILLS INC	734,133	$38M	0.27%	-179,157		Timeline
HIGHARTFORD INSURANCE GROUP INC	298,700	$37.9M	0.27%	-4,799		Timeline
HSTHOST HOTELS & RESORTS INC	2,408,797	$37M	0.26%	-308,339		Timeline
HHHHOWARD HUGHES HOLDINGS INC	543,946	$36.7M	0.26%	+1,025		Timeline
BNYBANK OF NY MELLON CORP	402,798	$36.7M	0.26%	-9,590		Timeline
BPBP PLC	1,222,008	$36.6M	0.26%	-29,568		Timeline
PNCPNC FINL SVCS GROUP INC	194,798	$36.3M	0.26%	-4,400		Timeline
GMABGENMAB A/S	1,744,769	$36M	0.25%	+27,372		Timeline
SNYSANOFI SA	739,947	$35.7M	0.25%	+6,818		Timeline
CORCENCORA INC	118,770	$35.6M	0.25%	-2,784		Timeline
CFCF INDUSTRIES HOLD	386,624	$35.6M	0.25%	+16,887		Timeline
NSCNORFOLK SOUTHN CORP	136,464	$34.9M	0.25%	new		Timeline
TGTTARGET CORP	353,393	$34.9M	0.25%	-48,437		Timeline
ADMARCHER DANIELS MIDLAND CO	658,208	$34.7M	0.24%	-183,586		Timeline
CHTRCHARTER COMMUNICATIONS INC	83,789	$34.3M	0.24%	-2,096		Timeline
PPGPPG INDS INC	293,558	$33.4M	0.24%	+181,299		Timeline
PCARPACCAR INC	343,106	$32.6M	0.23%	+24,821		Timeline
URIUNITED RENTALS INC	42,573	$32.1M	0.23%	+3,026		Timeline
UPSUNITED PARCEL SVCS INC	314,991	$31.8M	0.22%	+42,398		Timeline
PSXPHILLIPS 66	266,183	$31.8M	0.22%	new		Timeline
CTVACORTEVA INC	416,260	$31M	0.22%	-1,249		Timeline
AMPAMERIPRISE FINL INC	56,653	$30.2M	0.21%	-1,349		Timeline
AZNASTRAZENECA PLC-SPONS ADR	428,579	$29.9M	0.21%	+4,297		Timeline
ANAUTONATION INC	149,643	$29.7M	0.21%	-1,307		Timeline
KDPKEURIG DR PEPPER INC	886,228	$29.3M	0.21%	+65,661		Timeline
JAZZJAZZ PHARMACEUTICALS PLC	271,340	$28.8M	0.2%	-119,936		Timeline
NTAPNETAPP INC	267,471	$28.5M	0.2%	+196,199		Timeline
FFORD MTR CO	2,571,482	$27.9M	0.2%	+2,560,568		Timeline
LHXL3HARRIS TECHNOLOGIES INC	110,761	$27.8M	0.2%	-3,020		Timeline
DELLDELL TECHNOLOGIES INC	221,763	$27.2M	0.19%	new		Timeline
DHID R HORTON INC	210,711	$27.2M	0.19%	-29,330		Timeline
PEGPUBLIC SVC ENTERPRISE GROUP	305,689	$25.7M	0.18%	-41,753		Timeline
MGMMGM RESORTS INTERNATIONAL	745,106	$25.6M	0.18%	+174,057		Timeline
SOSOUTHERN CO	279,004	$25.6M	0.18%	-6,460		Timeline
USBUS BANCORP	562,894	$25.5M	0.18%	+90,640		Timeline
CTSHCOGNIZANT TECHNOLOGY SOLUTIO	321,844	$25.1M	0.18%	+22,517		Timeline
CSLCARLISLE COS INC	67,084	$25M	0.18%	-405		Timeline
BKRBAKER HUGHES COMPANY	648,149	$24.9M	0.18%	+49,108		Timeline
PGPROCTER & GAMBLE CO	155,865	$24.8M	0.17%	-904		Timeline
BIDUBAIDU INC	288,722	$24.8M	0.17%	-68,100		Timeline
SYFSYNCHRONY FINANCIAL	370,383	$24.7M	0.17%	+133,780		Timeline
ORIOLD REP INTL CORP	630,231	$24.2M	0.17%	-5,624		Timeline
AIGAMERICAN INTL GROUP INC	281,398	$24.1M	0.17%	-7,950		Timeline
CAHCARDINAL HEALTH INC	142,534	$23.9M	0.17%	-3,639		Timeline
LDOSLEIDOS HOLDINGS INC	149,704	$23.6M	0.17%	+18,004		Timeline
NTRSNORTHERN TR CORP	181,561	$23M	0.16%	+63,128		Timeline
FITBFIFTH THIRD BANCORP	555,800	$22.9M	0.16%	+43,502		Timeline
STLDSTEEL DYNAMICS INC	176,179	$22.6M	0.16%	-228,820		Timeline
DVNDEVON ENERGY CORP NEW	693,545	$22.1M	0.16%	+4,976		Timeline
CNHCNH INDL N V	1,696,111	$22M	0.15%	+111,942		Timeline
OGNORGANON & CO	2,262,626	$21.9M	0.15%	+837,201		Timeline
NEUNEWMARKET CORP	31,553	$21.8M	0.15%	-2,604		Timeline
INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS	874,428	$21.4M	0.15%	-9,049
CNXCNX RES CORP	629,793	$21.2M	0.15%	-40,204		Timeline
APDAIR PRODUCTS AND CHEMICALS I	75,102	$21.2M	0.15%	new		Timeline
ABGASBURY AUTOMOTIVE GROUP INC	85,942	$20.5M	0.14%	+14,588		Timeline
AVTAVNET INC	378,324	$20.1M	0.14%	+62,660		Timeline
NXSTNEXSTAR MEDIA GROUP INC	115,753	$20M	0.14%	+13,289		Timeline
TFCTRUIST FINL CORP	461,405	$19.8M	0.14%	+66,336		Timeline
LVSLAS VEGAS SANDS CORP	453,253	$19.7M	0.14%	new		Timeline
SEESEALED AIR CORP NEW	633,465	$19.7M	0.14%	+123,040		Timeline
NUENUCOR CORP	151,622	$19.6M	0.14%	new		Timeline
TOLTOLL BROTHERS INC	171,376	$19.6M	0.14%	+18,526		Timeline
PRUPRUDENTIAL FINL INC	181,676	$19.5M	0.14%	-4,420		Timeline
UNPUNION PAC CORP	84,285	$19.4M	0.14%	new		Timeline
RFREGIONS FINANCIAL CORP NEW	823,280	$19.4M	0.14%	+43,662		Timeline
GPIGROUP 1 AUTOMOTIVE INC	43,288	$18.9M	0.13%	-4,253		Timeline
KVUEKENVUE INC	901,880	$18.9M	0.13%	-26,981		Timeline
RJFRAYMOND JAMES FINL INC	121,053	$18.6M	0.13%	-2,790		Timeline
KHCKRAFT HEINZ CO	713,608	$18.4M	0.13%	-16,928		Timeline
STTSTATE STR CORP	172,289	$18.3M	0.13%	-3,879		Timeline
MGYMAGNOLIA OIL & GAS CORP	805,578	$18.1M	0.13%	+242,160		Timeline
DTEDTE ENERGY CO	135,225	$17.9M	0.13%	new		Timeline
AMCOR PLCAMCOR PLC	1,931,359	$17.7M	0.13%	+101,779
LENLENNAR CORP	158,264	$17.5M	0.12%	-160,791		Timeline
MLMMARTIN MARIETTA MATLS INC	31,684	$17.4M	0.12%	-188		Timeline
UALUNITED AIRLS HLDGS INC	214,848	$17.1M	0.12%	+23,121		Timeline
AMANTERO MIDSTREAM CORP	888,937	$16.8M	0.12%	+87,316		Timeline
COKECOCA COLA CONS INC	149,183	$16.7M	0.12%	+136,586		Timeline
WRBBERKLEY W R CORP	224,809	$16.5M	0.12%	-5,180		Timeline
ACGLARCH CAP GROUP LTD	180,910	$16.5M	0.12%	-246,248		Timeline
PPLPPL CORP	485,265	$16.4M	0.12%	+35,812		Timeline
BBYBEST BUY INC	234,568	$15.7M	0.11%	-37,431		Timeline
INGRINGREDION INC	115,283	$15.6M	0.11%	+29,076		Timeline
PRIPRIMERICA INC	56,791	$15.5M	0.11%	+13,072		Timeline
BMYBRISTOL-MYERS SQUIBB CO	334,733	$15.5M	0.11%	-633,786		Timeline
LAURLAUREATE ED INC	651,886	$15.2M	0.11%	+102,190		Timeline
UHSUNIVERSAL HLTH SVCS INC	83,337	$15.1M	0.11%	-1,204		Timeline
TNLTRAVEL PLUS LEISURE CO	291,500	$15M	0.11%	+45,070		Timeline
AMGAFFILIATED MANAGERS GROUP	75,336	$14.8M	0.1%	-957		Timeline
SKYWSKYWEST INC	141,455	$14.6M	0.1%	-5,500		Timeline
MUSAMURPHY USA INC	35,730	$14.5M	0.1%	+3,030		Timeline
CRCCALIFORNIA RES CORP	316,476	$14.5M	0.1%	-12,300		Timeline
LHLABCORP HOLDINGS INC	54,894	$14.4M	0.1%	-208		Timeline
EMEEMCOR GROUP INC	26,875	$14.4M	0.1%	-524		Timeline
MTGMGIC INVT CORP WIS	513,994	$14.3M	0.1%	-585,851		Timeline
CPACOPA HOLDINGS SA	129,610	$14.3M	0.1%	+9,100		Timeline
DGXQUEST DIAGNOSTICS INC	78,828	$14.2M	0.1%	-1,910		Timeline
REZIRESIDEO TECHNOLOGIES INC	639,532	$14.1M	0.1%	+100,680		Timeline
BKHBLACK HILLS CORP	248,340	$13.9M	0.1%	-9,600		Timeline
SEICSEI INVTS CO	154,577	$13.9M	0.1%	+77,854		Timeline
CINFCINCINNATI FINL CORP	92,789	$13.8M	0.1%	-2,390		Timeline
ULTAULTA BEAUTY INC	29,237	$13.7M	0.1%	+1,223		Timeline
PORPORTLAND GEN ELEC CO	331,582	$13.5M	0.09%	-12,800		Timeline
EXPEEXPEDIA GROUP INC	79,101	$13.3M	0.09%	-118,341		Timeline
WSMWILLIAMS SONOMA INC	80,299	$13.1M	0.09%	+5,755		Timeline
RLRALPH LAUREN CORP	47,672	$13.1M	0.09%	-24,524		Timeline
SNASNAP ON INC	41,566	$12.9M	0.09%	+9,892		Timeline
GTGOODYEAR TIRE & RUBR CO	1,245,994	$12.9M	0.09%	new		Timeline
FCNCAFIRST CTZNS BANCSHARES INC D	6,570	$12.9M	0.09%	-144		Timeline
MATXMATSON INC	115,234	$12.8M	0.09%	-4,600		Timeline
METAMETA PLATFORMS INC	17,310	$12.8M	0.09%	new		Timeline
RDNRADIAN GROUP INC	353,907	$12.7M	0.09%	-13,900		Timeline
TPRTAPESTRY INC	144,100	$12.7M	0.09%	new		Timeline
DLTRDOLLAR TREE INC	126,558	$12.5M	0.09%	new		Timeline
GRBKGREEN BRICK PARTNERS INC	194,397	$12.2M	0.09%	+32,190		Timeline
PPLIPEOPLE INC	324,870	$12.1M	0.09%	+42,520		Timeline
LUVSOUTHWEST AIRLS CO	371,414	$12M	0.08%	+13,602	2026-09-30, 13G/A: 49,730,439 shares, 10.2% of the class, 13G/A filed 2026-10-07	Timeline
LULULULULEMON ATHLETICA INC	50,599	$12M	0.08%	new		Timeline
AFGAMERICAN FINANCIAL GROUP INC	94,788	$12M	0.08%	+23,838		Timeline
GENGEN DIGITAL INC	405,738	$11.9M	0.08%	+31,368		Timeline
HBANHUNTINGTON BANCSHARES INC	710,197	$11.9M	0.08%	-20,424		Timeline
ZBHZIMMER BIOMET HOLDINGS INC	130,341	$11.9M	0.08%	+9,786		Timeline
TGNATEGNA INC	702,453	$11.8M	0.08%	+119,690		Timeline
OZKBANK OZK LITTLE ROCK ARK	248,332	$11.7M	0.08%	-9,700		Timeline
LLOEWS CORP	127,260	$11.7M	0.08%	-3,030		Timeline
WHWYNDHAM HOTELS & RESORTS INC	143,298	$11.6M	0.08%	+931		Timeline
AGOASSURED GUARANTY LTD	131,366	$11.4M	0.08%	-5,200		Timeline
FNBF N B CORP	773,262	$11.3M	0.08%	-30,200		Timeline
EQHEQUITABLE HLDGS INC	200,261	$11.2M	0.08%	-375,037		Timeline
DOVDOVER CORP	61,192	$11.2M	0.08%	-1,500		Timeline
CPAYCORPAY INC	33,788	$11.2M	0.08%	-46,531		Timeline
PFSIPENNYMAC FINL SVCS INC NEW	112,030	$11.2M	0.08%	-4,400		Timeline
MKLMARKEL GROUP INC	5,567	$11.1M	0.08%	-85		Timeline
TPHTRI POINTE HOMES INC	347,711	$11.1M	0.08%	-41,100		Timeline
PKGPACKAGING CORP AMER	58,743	$11.1M	0.08%	new		Timeline
RSRELIANCE INC	35,145	$11M	0.08%	-410		Timeline
VCVISTEON CORP	117,343	$10.9M	0.08%	new		Timeline
CGCARLYLE GROUP INC	212,902	$10.9M	0.08%	-5,290		Timeline
NWENORTHWESTERN ENERGY GROUP IN	212,475	$10.9M	0.08%	-8,300		Timeline
FOXAFOX CORP	194,395	$10.9M	0.08%	-323,464		Timeline
THCTENET HEALTHCARE CORP	61,648	$10.9M	0.08%	-33,681		Timeline
ASOACADEMY SPORTS & OUTDOORS IN	240,563	$10.8M	0.08%	-9,300		Timeline
VACMARRIOTT VACATIONS WORLDWIDE	148,759	$10.8M	0.08%	new		Timeline
MDUMDU RES GROUP INC	641,283	$10.7M	0.08%	-25,000		Timeline
PFGPRINCIPAL FINANCIAL GROUP IN	134,195	$10.7M	0.08%	-3,300		Timeline
TROWPRICE T ROWE GROUP INC	110,270	$10.6M	0.07%	-2,375		Timeline
BABAALIBABA GROUP HLDG LTD	93,318	$10.6M	0.07%	-40,050		Timeline
EVRGEVERGY INC	151,739	$10.5M	0.07%	+11,522		Timeline
AVAAVISTA CORP	274,427	$10.4M	0.07%	-10,700		Timeline
TXTTEXTRON INC	129,504	$10.4M	0.07%	-171,346		Timeline
AXAXOS FINANCIAL INC	134,914	$10.3M	0.07%	-5,200		Timeline
EXPDEXPEDITORS INTL WASH INC	89,372	$10.2M	0.07%	-153,484		Timeline
GPCGENUINE PARTS CO	83,736	$10.2M	0.07%	new		Timeline
BKEBUCKLE INC	223,520	$10.1M	0.07%	+38,452		Timeline
ADTADT INC DEL	1,189,720	$10.1M	0.07%	+424,800		Timeline
CFGCITIZENS FINL GROUP INC	221,724	$9.92M	0.07%	-5,520		Timeline
MASMASCO CORP	152,862	$9.84M	0.07%	-3,940		Timeline
MOHMOLINA HEALTHCARE INC	32,747	$9.76M	0.07%	-400		Timeline
DXCDXC TECHNOLOGY CO	635,203	$9.71M	0.07%	-24,800		Timeline
ABCBAMERIS BANCORP	148,748	$9.62M	0.07%	-5,900		Timeline
EMNEASTMAN CHEM CO	128,215	$9.57M	0.07%	-50,017		Timeline
GHCGRAHAM HLDGS CO	10,072	$9.53M	0.07%	-400		Timeline
VCTRVICTORY CAP HLDGS INC DEL	147,584	$9.4M	0.07%	-5,700		Timeline
CRBGCOREBRIDGE FINL INC	261,263	$9.27M	0.07%	-202,799		Timeline
IBOCINTERNATIONAL BANCSHARES COR	139,299	$9.27M	0.07%	-5,400		Timeline
CNMCORE & MAIN INC	150,759	$9.1M	0.06%	-846		Timeline
KMPRKEMPER CORP	140,735	$9.08M	0.06%	-5,500		Timeline
TRGPTARGA RES CORP	51,676	$9M	0.06%	-315		Timeline
LEALEAR CORP	94,062	$8.93M	0.06%	new		Timeline
PREMIER INCPREMIER INC	398,967	$8.75M	0.06%	+66,313
FTITECHNIPFMC PLC	253,183	$8.72M	0.06%	+34,294		Timeline
EGEVEREST GROUP LTD	25,553	$8.68M	0.06%	-477		Timeline
OCOWENS CORNING NEW	62,421	$8.58M	0.06%	-484		Timeline
BYDBOYD GAMING CORP	108,057	$8.45M	0.06%	+24,073		Timeline
CNOCNO FINL GROUP INC	212,929	$8.21M	0.06%	-7,600		Timeline
GNWGENWORTH FINL INC	1,049,852	$8.17M	0.06%	-41,300		Timeline
WECWEC ENERGY GROUP INC	78,213	$8.15M	0.06%	-1,900		Timeline
BHFBRIGHTHOUSE FINL INC	150,931	$8.12M	0.06%	-5,700		Timeline
ALLEALLEGION PLC	55,980	$8.07M	0.06%	+3,948		Timeline
FLEXFLEX LTD	158,848	$7.93M	0.06%	+15,637		Timeline
JLLJONES LANG LASALLE INC	30,983	$7.92M	0.06%	new		Timeline
FHNFIRST HORIZON CORPORATION	371,840	$7.88M	0.06%	+214,923		Timeline
NWLNEWELL BRANDS INC	1,459,797	$7.88M	0.06%	-56,900		Timeline
MRKMERCK & CO INC	99,031	$7.84M	0.06%	-590		Timeline
UNMUNUM GROUP	96,882	$7.82M	0.06%	-1,990		Timeline
WCCWESCO INTL INC	42,226	$7.82M	0.06%	+12,291		Timeline
NMIHNMI HLDGS INC	184,825	$7.8M	0.05%	-7,200		Timeline
ACIALBERTSONS COMPANIES INC	373,202	$7.78M	0.05%	new		Timeline
ENVAENOVA INTL INC	69,224	$7.72M	0.05%	-2,600		Timeline
UTHRUNITED THERAPEUTICS CORP DEL	26,751	$7.69M	0.05%	-559		Timeline
MOSMOSAIC CO	210,277	$7.67M	0.05%	+17,318		Timeline
HCCWARRIOR MET COAL INC	165,267	$7.57M	0.05%	-6,300		Timeline
PRDOPERDOCEO ED CORP	231,407	$7.56M	0.05%	-8,900		Timeline
SAHSONIC AUTOMOTIVE INC	94,468	$7.55M	0.05%	+21,960		Timeline
PAGPENSKE AUTOMOTIVE GRP INC	43,906	$7.54M	0.05%	+2,730		Timeline
SPNTSIRIUSPOINT LTD	368,731	$7.52M	0.05%	-14,700		Timeline
FNFFIDELITY NATL FINL INC	132,805	$7.45M	0.05%	-3,290		Timeline
BLDTOPBUILD COR	22,725	$7.36M	0.05%	-127		Timeline
NWSANEWS CORP NEW	246,384	$7.32M	0.05%	+17,606		Timeline
CATYCATHAY GEN BANCORP	159,447	$7.26M	0.05%	-6,300		Timeline
AOSSMITH A O CORP	110,088	$7.22M	0.05%	-559		Timeline
RNRRENAISSANCERE HLDGS LTD	29,030	$7.05M	0.05%	-648		Timeline
WKCWORLD KINECT CORPORATION	248,087	$7.03M	0.05%	+38,810		Timeline
SNXTD SYNNEX CORPORATION	51,800	$7.03M	0.05%	+417		Timeline
HHYATT HOTELS CORP	50,231	$7.01M	0.05%	+5,736		Timeline
FHIFEDERATED HERMES INC	154,199	$6.83M	0.05%	-6,000		Timeline
CACICACI INTL INC	14,408	$6.82M	0.05%	new		Timeline
DMCDEL MONTE CORP	209,535	$6.79M	0.05%	+34,820		Timeline
EWBCEAST WEST BANCORP INC	67,238	$6.79M	0.05%	-1,800		Timeline
DKSDICKS SPORTING GOODS INC	34,257	$6.78M	0.05%	-700		Timeline
KMXCARMAX INC	100,065	$6.73M	0.05%	+7,142		Timeline
DVADAVITA INC	47,212	$6.73M	0.05%	-82,007		Timeline
TRMBTRIMBLE INC	86,956	$6.61M	0.05%	new		Timeline
GLGLOBE LIFE INC	52,938	$6.58M	0.05%	+15,369		Timeline
OVVOVINTIV INC	171,942	$6.54M	0.05%	-26,332		Timeline
ASBASSOCIATED BANC-CORP	268,184	$6.54M	0.05%	-10,500		Timeline
PRGOPERRIGO CO PLC	242,003	$6.47M	0.05%	new		Timeline
BFHBREAD FINANCIAL HOLDINGS INC	112,749	$6.44M	0.05%	-4,400		Timeline
APTVAPTIV PLC	94,118	$6.42M	0.05%	new		Timeline
CNRCORE NATURAL RESOURCES INC	91,875	$6.41M	0.05%	-3,600		Timeline
VSXYVICTORIAS SECRET AND CO	345,357	$6.4M	0.05%	+58,917		Timeline
FULTFULTON FINL CORP PA	353,920	$6.38M	0.04%	-14,100		Timeline
PHINPHINIA INC	143,379	$6.38M	0.04%	-5,500		Timeline
WYNNWYNN RESORTS LTD	68,038	$6.37M	0.04%	+4,049		Timeline
ENRENERGIZER HLDGS INC	315,378	$6.36M	0.04%	+52,200		Timeline
RRCRANGE RES CORP	155,799	$6.34M	0.04%	+11,981		Timeline
WTMWHITE MTNS INS GROUP LTD	3,526	$6.33M	0.04%	-100		Timeline
RGAREINSURANCE GROUP AMER INC	31,872	$6.32M	0.04%	-739		Timeline
LKQLKQ CORP	170,754	$6.32M	0.04%	+13,963		Timeline
UHAL-BU HAUL HOLDING COMPANY	116,146	$6.31M	0.04%	-2,555		Timeline
GBXGREENBRIER COS INC	137,113	$6.31M	0.04%	+22,760		Timeline
UVVUNIVERSAL CORP VA MTNS BK EN	106,381	$6.2M	0.04%	new		Timeline
HIIHUNTINGTON INGALLS INDS INC	25,594	$6.18M	0.04%	new		Timeline
TAPMOLSON COORS BEVERAGE CO	125,828	$6.05M	0.04%	+8,836		Timeline
EXELEXELIXIS INC	134,847	$5.94M	0.04%	-4,008		Timeline
CNXCCONCENTRIX CORP	112,413	$5.94M	0.04%	new		Timeline
PBIPITNEY BOWES INC	539,789	$5.89M	0.04%	new		Timeline
AIZASSURANT INC	29,816	$5.89M	0.04%	-1,000		Timeline
LADLITHIA MTRS INC	17,420	$5.88M	0.04%	+1,109		Timeline
HSICSCHEIN HENRY INC	79,102	$5.78M	0.04%	+4,061		Timeline
MLIMUELLER INDS INC	72,659	$5.77M	0.04%	+3,738		Timeline
SIGSIGNET JEWELERS LTD	72,442	$5.76M	0.04%	new		Timeline
HASHASBRO INC	77,824	$5.74M	0.04%	-2,090		Timeline
OTTROTTER TAIL CORP	73,695	$5.68M	0.04%	+46,216		Timeline
NWNNORTHWEST NAT HLDG CO	139,237	$5.53M	0.04%	-5,300		Timeline
ACMAECOM	48,735	$5.5M	0.04%	+8,031		Timeline
JEFJEFFERIES FINANCIAL GROUP IN	99,981	$5.47M	0.04%	-2,570		Timeline
GAPGAP INC	247,470	$5.4M	0.04%	new		Timeline
TEXTEREX CORP NEW	115,461	$5.39M	0.04%	-87,413		Timeline
ALLYALLY FINL INC	137,282	$5.35M	0.04%	-3,190		Timeline
SFSTIFEL FINL CORP	51,250	$5.32M	0.04%	-1,400		Timeline
MDPEDIATRIX MEDICAL GROUP INC	370,041	$5.31M	0.04%	new		Timeline
DCIDONALDSON INC	75,852	$5.26M	0.04%	+3,538		Timeline
CLCOLGATE PALMOLIVE CO	57,660	$5.24M	0.04%	-299		Timeline
AUBATLANTIC UN BANKSHARES CORP	167,243	$5.23M	0.04%	-6,252		Timeline
AYIACUITY INC	17,179	$5.13M	0.04%	-200		Timeline
DINOHF SINCLAIR CORP	123,694	$5.08M	0.04%	new		Timeline
OGEOGE ENERGY CORP	114,290	$5.07M	0.04%	-2,737		Timeline
NFGNATIONAL FUEL GAS CO	59,350	$5.03M	0.04%	new		Timeline
MIDDMIDDLEBY CORP	34,843	$5.02M	0.04%	+2,531		Timeline
AXSAXIS CAP HLDGS LTD	48,299	$5.01M	0.04%	-1,100		Timeline
AGCOAGCO CORP	48,571	$5.01M	0.04%	new		Timeline
NNINELNET INC	41,361	$5.01M	0.04%	-1,600		Timeline
ROIVROIVANT SCIENCES LTD	443,896	$5M	0.04%	new		Timeline
HWCHANCOCK WHITNEY CORPORATION	86,760	$4.98M	0.04%	-3,300		Timeline
FFBC1ST FINL BANCORP	204,969	$4.97M	0.04%	-7,900		Timeline
ALSNALLISON TRANSMISSION HLDGS I	52,105	$4.95M	0.03%	-576		Timeline
NOGNORTHERN OIL & GAS INC	173,873	$4.93M	0.03%	-152,378		Timeline
HTHHILLTOP HLDGS INC	159,506	$4.84M	0.03%	-6,000		Timeline
WSFSWSFS FINL CORP	87,139	$4.79M	0.03%	-3,300		Timeline
GGENPACT LIMITED	106,842	$4.7M	0.03%	+7,444		Timeline
WBSWEBSTER FINL CORP	86,054	$4.7M	0.03%	-1,900		Timeline
UBSIUNITED BANKSHARES INC WEST V	126,392	$4.6M	0.03%	-5,160		Timeline
SITIO ROYALTIES CORPSITIO ROYALTIES CORP	249,052	$4.58M	0.03%	-9,900
FBKFB FINL CORP	100,705	$4.56M	0.03%	-3,900		Timeline
MTCHMATCH GROUP INC NEW	147,555	$4.56M	0.03%	-3,690		Timeline
OFGOFG BANCORP	105,917	$4.53M	0.03%	-4,000		Timeline
GEFGREIF INC	69,623	$4.52M	0.03%	-2,700		Timeline
BWABORGWARNER INC	134,936	$4.52M	0.03%	-82,163		Timeline
HRBBLOCK H & R INC	81,599	$4.48M	0.03%	-625		Timeline
CASHPATHWARD FINANCIAL INC	56,448	$4.47M	0.03%	-2,200		Timeline
RESRPC INC	943,983	$4.47M	0.03%	new		Timeline
LWLAMB WESTON HLDGS INC	85,151	$4.42M	0.03%	new		Timeline
ALGTALLEGIANT TRAVEL CO	80,194	$4.41M	0.03%	+13,351		Timeline
BUSEFIRST BUSEY CORP	191,561	$4.38M	0.03%	-7,706		Timeline
OSKOSHKOSH CORP	38,479	$4.37M	0.03%	-348		Timeline
UNFIUNITED NAT FOODS INC	186,817	$4.35M	0.03%	-7,198		Timeline
ADEAADEIA INC	303,514	$4.29M	0.03%	-12,030		Timeline
SCISERVICE CORP INTL	51,807	$4.22M	0.03%	new		Timeline
NFENEW FORTRESS ENERGY INC	1,259,196	$4.18M	0.03%	-1,331		Timeline
NAVINAVIENT CORPORATION	295,863	$4.17M	0.03%	-11,900		Timeline
COLLCOLLEGIUM PHARMACEUTICAL INC	140,363	$4.15M	0.03%	+25,600		Timeline
MATMATTEL INC	210,354	$4.15M	0.03%	new		Timeline
CUBICUSTOMERS BANCORP INC	70,284	$4.13M	0.03%	-2,700		Timeline
VTOLBRISTOW GROUP INC	125,089	$4.12M	0.03%	+20,750		Timeline
RHIROBERT HALF INC.	98,281	$4.03M	0.03%	-556		Timeline
CBSHCOMMERCE BANCSHARES INC	64,825	$4.03M	0.03%	-1,835		Timeline
IMKTAINGLES MKTS INC	63,542	$4.03M	0.03%	new		Timeline
IWNISHARES TR	25,080	$3.96M	0.03%	new		Timeline
BHEBENCHMARK ELECTRS INC	101,246	$3.93M	0.03%	-3,900		Timeline
EFSCENTERPRISE FINL SVCS CORP	71,025	$3.91M	0.03%	-2,800		Timeline
PPCPILGRIMS PRIDE CORP	86,965	$3.91M	0.03%	new		Timeline
FBPFIRST BANCORP CORPORATION	187,222	$3.9M	0.03%	-7,300		Timeline
UPBDUPBOUND GROUP INC	155,097	$3.89M	0.03%	-6,000		Timeline
GPKGRAPHIC PACKAGING HLDG CO	184,575	$3.89M	0.03%	-181,911		Timeline
AXTAAXALTA COATING SYS LTD	128,960	$3.83M	0.03%	-2,990		Timeline
DBXDROPBOX INC	133,441	$3.82M	0.03%	-2,478		Timeline
HALOHALOZYME THERAPEUTICS INC	73,019	$3.8M	0.03%	-1,531		Timeline
FCFFIRST COMWLTH FINL CORP PA	229,488	$3.72M	0.03%	-9,100		Timeline
FLRFLUOR CORP	71,951	$3.69M	0.03%	+20,055		Timeline
NATLNCR ATLEOS CORPORATION	129,110	$3.68M	0.03%	new		Timeline
WAFDWAFD INC	125,390	$3.67M	0.03%	-4,900		Timeline
UFPIUFP INDUSTRIES INC	35,993	$3.58M	0.03%	-700		Timeline
GLDDGREAT LAKES DREDGE & DOCK CO	292,220	$3.56M	0.03%	+47,390		Timeline
VSHVISHAY INTERTECHNOLOGY INC	217,325	$3.45M	0.02%	new		Timeline
TCBITEXAS CAP BANCSHARES INC	43,337	$3.44M	0.02%	-1,600		Timeline
SFNCSIMMONS FIRST NATL CORP	180,256	$3.42M	0.02%	-7,300		Timeline
APAMARTISAN PARTNERS ASSET MGMT	76,440	$3.39M	0.02%	new		Timeline
UCBUNITED CMNTY BKS BLAIRSVLE G	110,979	$3.31M	0.02%	-4,294		Timeline
ITUBITAU UNIBANCO HLDG S A	486,540	$3.3M	0.02%	-106,600		Timeline
HMNHORACE MANN EDUCATORS CORP N	76,780	$3.3M	0.02%	-2,900		Timeline
ASTEASTEC INDS INC	78,970	$3.29M	0.02%	-3,000		Timeline
CFRCULLEN FROST BANKERS INC	25,438	$3.27M	0.02%	-710		Timeline
XPXP INC	155,170	$3.13M	0.02%	new		Timeline
SCSCSCANSOURCE INC	74,898	$3.13M	0.02%	-2,900		Timeline
SXCSUNCOKE ENERGY INC	364,161	$3.13M	0.02%	+57,200		Timeline
STBAS & T BANCORP INC	82,356	$3.11M	0.02%	-3,300		Timeline
RNSTRENASANT CORP	86,042	$3.09M	0.02%	+65,865		Timeline
SCSSTEELCASE INC-CLASS A	295,190	$3.08M	0.02%	-11,700		Timeline
WUWESTERN UN CO	365,490	$3.08M	0.02%	new		Timeline
EBCEASTERN BANKSHARES INC	200,591	$3.06M	0.02%	-7,800		Timeline
BBWBUILD-A-BEAR WORKSHOP INC	58,694	$3.03M	0.02%	+9,740		Timeline
RYZRYERSON HLDG CORP	139,180	$3M	0.02%	+23,230		Timeline
TLNTALEN ENERGY CORP	10,123	$2.94M	0.02%	+4,530		Timeline
BMBLBUMBLE INC	444,290	$2.93M	0.02%	new		Timeline
SMPSTANDARD MTR PRODS INC	94,560	$2.9M	0.02%	new		Timeline
PFBCPREFERRED BK LOS ANGELES CA	33,479	$2.9M	0.02%	-1,300		Timeline
NWBINORTHWEST BANCSHARES INC	226,262	$2.89M	0.02%	-9,000		Timeline
CMACOMERICA INC	48,465	$2.89M	0.02%	-37,293		Timeline
TWITITAN INTL INC ILL	276,110	$2.84M	0.02%	+46,110		Timeline
WABCWESTAMERICA BANCORPORATION	57,686	$2.79M	0.02%	-2,300		Timeline
EIGEMPLOYERS HLDGS INC	58,894	$2.78M	0.02%	-2,300		Timeline
ASIXADVANSIX INC	116,740	$2.77M	0.02%	+19,370		Timeline
NGVTINGEVITY CORP	64,219	$2.77M	0.02%	new		Timeline
FHBFIRST HAWAIIAN INC	108,690	$2.71M	0.02%	-4,700		Timeline
SNCYSUN CTRY AIRLS HLDGS INC	228,830	$2.69M	0.02%	new		Timeline
FLGTFULGENT GENETICS INC	134,710	$2.68M	0.02%	new		Timeline
PFSPROVIDENT FINL SVCS INC	151,810	$2.66M	0.02%	-6,500		Timeline
BYBYLINE BANCORP INC	98,032	$2.62M	0.02%	-3,900		Timeline
SLMSLM CORP	78,086	$2.56M	0.02%	new		Timeline
HAPNHAPPEN INC	211,470	$2.54M	0.02%	-8,494		Timeline
HGHAMILTON INSURANCE GROUP LTD	117,652	$2.54M	0.02%	+82,399		Timeline
QCRHQCR HLDGS INC	37,449	$2.54M	0.02%	-1,400		Timeline
REPXRILEY EXPLORATION PERMIAN IN	94,760	$2.49M	0.02%	+16,460		Timeline
VRTSVIRTUS INVT PARTNERS INC	13,593	$2.47M	0.02%	-500		Timeline
PEBOPEOPLES BANCORP INC	79,513	$2.43M	0.02%	-3,100		Timeline
WK KELLOGG COWK KELLOGG CO	151,842	$2.42M	0.02%	new
LXULSB INDS INC	309,280	$2.41M	0.02%	new		Timeline
DLXDELUXE CORP MEDIUM TERM NTS	148,940	$2.37M	0.02%	-5,900		Timeline
HTLDHEARTLAND EXPRESS INC	271,390	$2.34M	0.02%	-10,800		Timeline
ACTENACT HLDGS INC	62,866	$2.34M	0.02%	+8,874		Timeline
ZIONZIONS BANCORPORATION NATL AS	44,276	$2.3M	0.02%	-896		Timeline
PRAPROASSURANCE CORP	96,330	$2.2M	0.02%	-3,700		Timeline
NICNICOLET BANKSHARES INC	17,269	$2.13M	0.02%	-700		Timeline
CTBICOMMUNITY TR BANCORP INC	39,562	$2.09M	0.01%	-1,578		Timeline
IPIINTREPID POTASH INC	57,890	$2.07M	0.01%	+9,750		Timeline
ECPGENCORE CAP GROUP INC	52,568	$2.03M	0.01%	-2,100		Timeline
KEKIMBALL ELECTRONICS INC	104,890	$2.02M	0.01%	new		Timeline
TITNTITAN MACHY INC	100,930	$2M	0.01%	new		Timeline
KODKEASTMAN KODAK CO	352,480	$1.99M	0.01%	+59,810		Timeline
TRCTEJON RANCH CO	117,192	$1.99M	0.01%	+19,480		Timeline
MTNVAIL RESORTS INC	12,501	$1.96M	0.01%	new		Timeline
CCSICONSENSUS CLOUD SOLUTIONS IN	85,080	$1.96M	0.01%	+14,080		Timeline
ETDETHAN ALLEN INTERIORS INC	69,454	$1.93M	0.01%	-2,600		Timeline
MBINMERCHANTS BANCORP IND	58,237	$1.93M	0.01%	-2,400		Timeline
CLWCLEARWATER PAPER CORP	70,020	$1.91M	0.01%	new		Timeline
HRLHORMEL FOODS CORP	62,650	$1.9M	0.01%	-1,200		Timeline
BOCBOSTON OMAHA CORP	134,690	$1.89M	0.01%	+22,440		Timeline
VOYAVOYA FINANCIAL INC	25,850	$1.84M	0.01%	-33,788		Timeline
SENEASENECA FOODS CORP NEW	18,079	$1.83M	0.01%	-800		Timeline
REYNREYNOLDS CONSUMER PRODS INC	84,625	$1.81M	0.01%	-434		Timeline
BKUBANKUNITED INC	50,432	$1.79M	0.01%	-1,997		Timeline
MLRMILLER INDS INC TENN	39,640	$1.76M	0.01%	-1,600		Timeline
NWPXNWPX INFRASTRUCTURE INC	42,438	$1.74M	0.01%	+6,180		Timeline
OSBCOLD SECOND BANCORP INC DEL	97,520	$1.73M	0.01%	-4,100		Timeline
TOWNTOWNEBANK PORTSMOUTH VA	50,552	$1.73M	0.01%	-2,050		Timeline
LEGHLEGACY HOUSING CORP	75,960	$1.72M	0.01%	-2,900		Timeline
INDBINDEPENDENT BK CORP MASS	27,313	$1.72M	0.01%	-729		Timeline
AMALAMALGAMATED FINANCIAL CORP	54,685	$1.71M	0.01%	-2,179		Timeline
IVZINVESCO LTD	106,010	$1.67M	0.01%	-2,470		Timeline
MBWMMERCANTILE BK CORP	35,747	$1.66M	0.01%	-1,400		Timeline
COLBCOLUMBIA BKG SYS INC	70,822	$1.66M	0.01%	new		Timeline
OPYOPPENHEIMER HLDGS INC	24,858	$1.63M	0.01%	-900		Timeline
EZPWEZCORP INC	116,193	$1.61M	0.01%	-4,800		Timeline
XPERXPERI INC	198,700	$1.57M	0.01%	+165,030		Timeline
SBCFSEACOAST BKG CORP FLA	56,852	$1.57M	0.01%	-2,300		Timeline
WRLDWORLD ACCEP CORPORATION	9,360	$1.55M	0.01%	+6,210		Timeline
FRMEFIRST MERCHANTS CORP	40,261	$1.54M	0.01%	-1,499		Timeline

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value	Change
CABLE ONE INCCABLE ONE INC NOTE	principal	77,355,000	$59.2M	+10,550,000
ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3	principal	26,371,714	$31.1M	+380,313
GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0	principal	26,615,000	$23.9M	0
SNAP INCSNAP INC Convertible	principal	19,750,000	$16.8M	new
WINNEBAGO INDS INCWINNEBAGO INDS INC NOTE 3.250% 1/1	principal	14,216,000	$12.3M	+4,216,000
ENCORE CAP GROUP INCENCORE CAP GROUP INC NOTE 4.000% 3/1	principal	13,000,000	$12.3M	+5,250,000
AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A	principal	6,250,000	$6.04M	-250,000
BLOCK INCBLOCK INC NOTE 0.250%11/0	principal	2,000,000	$1.79M	0

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
UNHUNITEDHEALTH GROUP INC	553,211	$290M	shares
NEENEXTERA ENERGY INC	921,444	$65.3M	shares
DDOMINION ENERGY INC	867,062	$48.6M	shares
BLDRBUILDERS FIRSTSOURCE INC	366,394	$45.8M	shares
MPCMARATHON PETE CORP	299,071	$43.6M	shares
SIRISIRIUSXM HOLDINGS INC	1,740,601	$39.2M	shares
LYBLYONDELLBASELL INDUSTRIES NV	487,971	$34.4M	shares
COFCAPITAL ONE FINL CORP	175,090	$31.4M	shares
DISCOVER FINL SVCSDISCOVER FINL SVCS	133,692	$22.8M	shares
NOCNORTHROP GRUMMAN CORP	44,171	$22.6M	shares
HPQHP INC	776,236	$21.5M	shares
ALAIR LEASE CORP	329,867	$15.9M	shares
KBHKB HOME	257,364	$15M	shares
SRSPIRE INC	188,689	$14.8M	shares
LPLALPL FINL HLDGS INC	36,515	$11.9M	shares
OMCOMNICOM GROUP INC	138,791	$11.5M	shares
MHOM/I HOMES INC	98,839	$11.3M	shares
BCCBOISE CASCADE CO DEL	107,716	$10.6M	shares
CTRACOTERRA ENERGY INC	360,437	$10.4M	shares
SLVMSYLVAMO CORP	147,902	$9.92M	shares
EVREVERCORE INC	45,136	$9.01M	shares
SNEXSTONEX GROUP INC	109,159	$8.34M	shares
WMKWEIS MKTS INC	94,155	$7.25M	shares
GMS INCGMS INC	95,555	$6.99M	shares
CCSCENTURY COMMUNITIES INC	102,866	$6.9M	shares
CPBTHE CAMPBELLS COMPANY	171,921	$6.86M	shares
CXWCORECIVIC INC	330,754	$6.71M	shares
TTMITTM TECHNOLOGIES INC	299,350	$6.14M	shares
MBCMASTERBRAND INC	457,431	$5.97M	shares
WEXWEX INC	30,569	$4.8M	shares
EXPEAGLE MATLS INC	19,997	$4.44M	shares
SKXSKECHERS U S A INC	77,302	$4.39M	shares
TPCTUTOR PERINI CORP	188,852	$4.38M	shares
GIIIG III APPAREL GROUP LTD	160,000	$4.38M	shares
TTCTORO CO	59,735	$4.35M	shares
MHKMOHAWK INDS INC	36,254	$4.14M	shares
BERRY GLOBAL GROUP INCBERRY GLOBAL GROUP INC	59,019	$4.12M	shares
DNOWDNOW INC	204,507	$3.49M	shares
BIOBIO RAD LABS INC	14,234	$3.47M	shares
SBHSALLY BEAUTY HLDGS INC	358,950	$3.24M	shares
HCIHCI GROUP INC	20,313	$3.03M	shares
DFHDREAM FINDERS HOMES INC	130,112	$2.94M	shares
EXCEXELON CORP	62,380	$2.87M	shares
EMBCEMBECTA CORP	211,797	$2.7M	shares
HSIIHEIDRICK & STRUGGLES INTL IN	59,337	$2.54M	shares
SPARTANNASH COSPARTANNASH CO	122,880	$2.49M	shares
AOSLALPHA & OMEGA SEMICONDUCTOR	94,783	$2.36M	shares
FIRST BANCSHARES INC MISSFIRST BANCSHARES INC MISS	69,165	$2.34M	shares
NTGRNETGEAR INC	93,740	$2.29M	shares
PUMPPROPETRO HLDG CORP	302,750	$2.23M	shares
BZHBEAZER HOMES USA INC	102,172	$2.08M	shares
EIDOISHARES TR	125,280	$2.04M	shares
DCODUCOMMUN INC DEL	33,960	$1.97M	shares
BXCBLUELINX HLDGS INC	25,673	$1.92M	shares
MCYMERCURY GENL CORP NEW	30,198	$1.69M	shares
PRAAPRA GROUP INC	77,236	$1.59M	shares
ACCOACCO BRANDS CORP	337,979	$1.42M	shares
RYAMRAYONIER ADVANCED MATLS INC	240,080	$1.38M	shares
PKOHPARK-OHIO HLDGS CORP	46,500	$1M	shares
BRK-BBERKSHIRE HATHAWAY INC DEL	524	$279K	shares
APEIAMERICAN PUB ED INC	10,450	$233K	shares
ATNIATN INTL INC	11,480	$233K	shares
JAKKJAKKS PAC INC	8,480	$209K	shares
DCGODOCGO INC	77,269	$204K	shares
ZUMZZUMIEZ INC	11,360	$169K	shares
RMAXRE/MAX HLDGS INC	14,370	$120K	shares
ACTGACACIA RESH CORP	27,197	$87K	shares
ARQARQ INC	16,050	$66.9K	shares
ECHOECHOSTAR CORP	789	$20.2K	shares

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0000829108-25-000004	base		2025-08-12	acceptance time not in the bulk data set	2026-10-07 18:23:11 UTC