American Century Investments®
Quarterly Portfolio Holdings
Avantis U.S. Small Cap Equity Fund
May 31, 2026


Avantis U.S. Small Cap Equity Fund - Schedule of Investments
MAY 31, 2026 (UNAUDITED) 
Shares
Value ($)
COMMON STOCKS — 99.2%
Aerospace and Defense — 1.0%
AAR Corp.(1)
3,605 405,995 
AerSale Corp.(1)
2,509 16,534 
Astronics Corp.(1)
2,978 259,086 
Cadre Holdings, Inc.
2,456 76,480 
Ducommun, Inc.(1)
1,116 169,877 
Innovative Solutions & Support, Inc.(1)
1,295 22,326 
National Presto Industries, Inc.
705 89,232 
Park Aerospace Corp.
2,220 70,751 
V2X, Inc.(1)
2,074 172,412 
Virgin Galactic Holdings, Inc.(1)
2,627 16,235 
 
 
1,298,928 
Air Freight and Logistics — 0.2%
 
 
Forward Air Corp.(1)
2,624 27,762 
Hub Group, Inc., Class A
5,411 224,773 
Radiant Logistics, Inc.(1)
4,471 37,959 
 
 
290,494 
Automobile Components — 1.8%
 
 
Adient PLC(1)
7,209 164,798 
Dana, Inc.
12,495 442,448 
Dorman Products, Inc.(1)
432 53,533 
Fox Factory Holding Corp.(1)
1,916 34,565 
Gentex Corp.
4,350 105,096 
Gentherm, Inc.(1)
2,821 97,861 
Goodyear Tire & Rubber Co.(1)
22,008 134,249 
Holley, Inc.(1)
5,181 14,144 
LCI Industries(2)
2,250 245,295 
Motorcar Parts of America, Inc.(1)
2,547 28,170 
Patrick Industries, Inc.
2,881 260,788 
Phinia, Inc.
3,076 237,652 
Solid Power, Inc.(1)(2)
17,549 58,087 
Standard Motor Products, Inc.
1,995 78,184 
Stoneridge, Inc.(1)
554 4,138 
Strattec Security Corp.(1)
418 33,423 
Visteon Corp.
3,101 366,817 
XPEL, Inc.(1)
2,258 103,236 
 
 
2,462,484 
Automobiles — 0.4%
 
 
Harley-Davidson, Inc.
8,989 217,354 
Thor Industries, Inc.(2)
3,700 292,596 
Winnebago Industries, Inc.
1,711 50,800 
 
 
560,750 
Banks — 14.5%
 
 
1st Source Corp.
1,286 94,933 
ACNB Corp.
1,021 55,430 
Amalgamated Financial Corp.
1,306 54,173 
Amerant Bancorp, Inc.
3,125 71,000 
Arrow Financial Corp.
1,515 55,601 
Associated Banc-Corp.
7,877 219,059 
Axos Financial, Inc.(1)
2,286 198,676 


Banc of California, Inc.
14,813 284,706 
BancFirst Corp.
1,678 185,067 
Bancorp, Inc.(1)
4,673 257,763 
Bank First Corp.
737 102,458 
Bank of Hawaii Corp.(2)
4,322 331,065 
Bank of Marin Bancorp
1,815 46,900 
Bank of NT Butterfield & Son Ltd.
3,769 212,798 
Bank7 Corp.
538 23,812 
BankUnited, Inc.
8,055 373,671 
Bankwell Financial Group, Inc.
584 30,555 
Banner Corp.
2,798 181,870 
Bar Harbor Bankshares
1,832 64,010 
BayCom Corp.
118 3,634 
Beacon Financial Corp.
6,370 185,303 
Blue Ridge Bankshares, Inc.
8,878 29,297 
Bridgewater Bancshares, Inc.(1)
2,209 41,662 
Burke & Herbert Financial Services Corp.
937 59,593 
Business First Bancshares, Inc.(2)
3,092 88,060 
Byline Bancorp, Inc.
2,073 68,596 
C&F Financial Corp.
459 33,851 
California BanCorp
2,955 56,086 
Camden National Corp.
1,250 62,538 
Capital Bancorp, Inc.
765 24,419 
Capital City Bank Group, Inc.
1,005 45,868 
Capitol Federal Financial, Inc.
12,213 94,895 
Carter Bankshares, Inc.
2,227 60,797 
Cathay General Bancorp
5,935 342,212 
Central Pacific Financial Corp.
2,036 69,957 
Chemung Financial Corp.
547 37,568 
ChoiceOne Financial Services, Inc.
1,741 54,667 
Citizens & Northern Corp.
1,456 30,663 
Citizens Financial Services, Inc.
426 27,703 
City Holding Co.
1,069 132,887 
Civista Bancshares, Inc.
1,592 41,233 
CNB Financial Corp.
2,671 81,920 
Coastal Financial Corp.(1)
957 68,119 
Colony Bankcorp, Inc.
2,128 42,134 
Columbia Financial, Inc.(1)
3,074 61,880 
Community Financial System, Inc.
4,711 299,808 
Community Trust Bancorp, Inc.
1,072 71,674 
Community West Bancshares(2)
2,074 49,797 
ConnectOne Bancorp, Inc.
4,495 135,165 
Customers Bancorp, Inc.(1)
2,566 192,809 
CVB Financial Corp.
17,318 352,594 
Dime Community Bancshares, Inc.
3,841 143,730 
Eagle Bancorp, Inc.
2,134 58,237 
Eastern Bankshares, Inc.
13,884 273,931 
Enterprise Financial Services Corp.
3,032 183,770 
Equity Bancshares, Inc., Class A
1,250 57,625 
Esquire Financial Holdings, Inc.
492 54,066 
Farmers National Banc Corp.
2,721 38,584 
FB Bancorp, Inc.(1)
2,178 30,361 
FB Financial Corp.
4,321 227,674 
Financial Institutions, Inc.
1,502 54,417 


First BanCorp
14,323 343,466 
First Bancorp, Inc.
690 20,086 
First Bancorp/Southern Pines NC
3,458 203,434 
First Bank
2,735 42,775 
First Busey Corp.
7,219 197,584 
First Business Financial Services, Inc.
581 33,419 
First Commonwealth Financial Corp.
7,726 146,330 
First Community Bankshares, Inc.
1,374 59,233 
First Community Corp.
732 22,004 
First Financial Bancorp
10,264 315,721 
First Financial Bankshares, Inc.
455 14,869 
First Financial Corp.
735 50,847 
First Hawaiian, Inc.
11,509 310,513 
First Internet Bancorp
809 19,545 
First Interstate BancSystem, Inc., Class A
7,718 274,761 
First Merchants Corp.
4,730 190,619 
First Mid Bancshares, Inc.
1,581 69,643 
First United Corp.
670 26,492 
Firstsun Capital Bancorp(1)
2,744 97,275 
Five Star Bancorp
1,097 46,326 
Flushing Financial Corp.(2)
3,248 51,871 
Franklin Financial Services Corp.
383 22,264 
FS Bancorp, Inc.
102 4,152 
Fulton Financial Corp.
14,372 311,729 
GBank Financial Holdings, Inc.(1)(2)
841 25,053 
German American Bancorp, Inc.
3,219 140,735 
Great Southern Bancorp, Inc.
621 44,557 
Greene County Bancorp, Inc.
22 577 
Hanmi Financial Corp.
2,304 69,396 
HBT Financial, Inc.
949 27,170 
Heritage Financial Corp.
3,465 94,421 
Hilltop Holdings, Inc.
3,079 116,140 
Hingham Institution For Savings
165 47,749 
Home Bancorp, Inc.
460 29,615 
HomeTrust Bancshares, Inc.
1,132 52,604 
Hope Bancorp, Inc.
9,495 119,067 
Horizon Bancorp, Inc.
3,804 70,564 
Independent Bank Corp.
3,841 303,746 
Independent Bank Corp. (Michigan)
1,577 54,123 
International Bancshares Corp.
4,447 320,896 
Investar Holding Corp.
500 14,130 
Kearny Financial Corp.
5,689 46,877 
Lakeland Financial Corp.
2,269 137,569 
Live Oak Bancshares, Inc.
3,172 120,631 
Mercantile Bank Corp.
1,667 88,334 
Meridian Corp.
1,436 25,819 
Metrocity Bankshares, Inc.
1,425 46,541 
Metropolitan Bank Holding Corp.
680 60,874 
Mid Penn Bancorp, Inc.
2,262 73,854 
Midland States Bancorp, Inc.
1,411 39,226 
MVB Financial Corp.
898 24,022 
National Bank Holdings Corp., Class A
3,395 142,013 
NB Bancorp, Inc.
2,606 52,198 
NBT Bancorp, Inc.
4,258 196,890 


Nicolet Bankshares, Inc.
1,363 191,188 
Northeast Bank
456 57,337 
Northfield Bancorp, Inc.
3,767 53,416 
Northpointe Bancshares, Inc.
2,205 37,661 
Northrim BanCorp, Inc.
2,484 61,380 
Northwest Bancshares, Inc.
12,129 171,625 
OceanFirst Financial Corp.
5,250 98,648 
OFG Bancorp
3,811 173,629 
Old Second Bancorp, Inc.
3,884 82,807 
Orange County Bancorp, Inc.
200 6,824 
Origin Bancorp, Inc.
2,738 130,493 
Orrstown Financial Services, Inc.
1,421 52,762 
Park National Corp.
1,645 282,216 
Pathward Financial, Inc.
1,508 124,018 
Peapack-Gladstone Financial Corp.
1,223 52,895 
Peoples Bancorp, Inc.
3,270 113,731 
Peoples Financial Services Corp.
1,124 66,777 
Ponce Financial Group, Inc.(1)
1,854 35,004 
Preferred Bank
979 93,808 
Primis Financial Corp.
2,396 34,574 
Provident Financial Services, Inc.
14,221 315,564 
QCR Holdings, Inc.
1,244 114,635 
RBB Bancorp
1,432 34,253 
Red River Bancshares, Inc.
442 40,187 
Renasant Corp.
7,281 296,482 
Republic Bancorp, Inc., Class A
726 58,770 
S&T Bancorp, Inc.
3,251 146,588 
Seacoast Banking Corp. of Florida
10,028 303,949 
ServisFirst Bancshares, Inc.
4,654 362,965 
Shore Bancshares, Inc.
2,390 49,377 
Sierra Bancorp
839 31,865 
Simmons First National Corp., Class A
15,259 327,306 
SmartFinancial, Inc.
1,646 68,638 
South Plains Financial, Inc.
1,498 60,804 
Southern First Bancshares, Inc.(1)
487 28,134 
Southern Missouri Bancorp, Inc.
1,198 82,734 
Southside Bancshares, Inc.
2,191 71,777 
Stellar Bancorp, Inc.
3,435 128,263 
Stock Yards Bancorp, Inc.
2,084 149,506 
Texas Capital Bancshares, Inc.(1)
4,272 425,021 
TFS Financial Corp.(2)
4,110 65,390 
Third Coast Bancshares, Inc.(1)
871 33,324 
Tompkins Financial Corp.
876 75,467 
Towne Bank
8,277 281,997 
TriCo Bancshares
2,522 128,118 
Triumph Financial, Inc.(1)
777 55,361 
TrustCo Bank Corp.
1,456 75,435 
Trustmark Corp.
5,346 236,079 
United Community Banks, Inc.
11,007 362,681 
Unity Bancorp, Inc.
551 30,779 
Univest Financial Corp.
2,148 84,717 
WaFd, Inc.
8,130 289,103 
Washington Trust Bancorp, Inc.
1,263 41,136 
WesBanco, Inc.
9,767 338,427 


West BanCorp, Inc.
800 19,152 
Westamerica Bancorporation
1,896 105,209 
WSFS Financial Corp.
5,037 359,894 
 
 
19,973,560 
Beverages — 0.4%
 
 
Boston Beer Co., Inc., Class A(1)
764 135,442 
MGP Ingredients, Inc.
566 9,990 
National Beverage Corp.(1)
1,139 42,132 
Vita Coco Co., Inc.(1)
4,427 332,600 
 
 
520,164 
Biotechnology — 4.2%
 
 
4D Molecular Therapeutics, Inc.(1)
6,116 60,610 
Absci Corp.(1)
6,018 40,621 
ACADIA Pharmaceuticals, Inc.(1)
10,884 235,747 
ADMA Biologics, Inc.(1)
17,190 137,176 
Agios Pharmaceuticals, Inc.(1)
5,379 158,143 
Aligos Therapeutics, Inc.(1)(2)
332 1,892 
Anika Therapeutics, Inc.(1)
845 12,278 
Arcturus Therapeutics Holdings, Inc.(1)(2)
2,285 18,097 
ArriVent Biopharma, Inc.(1)(2)
3,206 97,046 
Assembly Biosciences, Inc.(1)(2)
1,166 32,252 
Aurinia Pharmaceuticals, Inc.(1)
10,567 161,992 
Beam Therapeutics, Inc.(1)
8,821 290,476 
Bicara Therapeutics, Inc.(1)
3,817 83,020 
Black Diamond Therapeutics, Inc.(1)
4,591 10,192 
C4 Therapeutics, Inc.(1)
9,345 40,838 
Cabaletta Bio, Inc.(1)(2)
9,741 36,821 
CareDx, Inc.(1)
2,981 68,026 
Catalyst Pharmaceuticals, Inc.(1)
12,998 405,928 
Celldex Therapeutics, Inc.(1)
6,190 194,552 
CRISPR Therapeutics AG(1)(2)
4,345 244,102 
Cullinan Therapeutics, Inc.(1)
4,935 81,131 
Denali Therapeutics, Inc.(1)
11,253 236,763 
Design Therapeutics, Inc.(1)
2,109 22,102 
Dianthus Therapeutics, Inc.(1)
4,001 372,133 
Emergent BioSolutions, Inc.(1)
3,910 35,659 
Entrada Therapeutics, Inc.(1)
3,003 21,231 
Erasca, Inc.(1)
24,381 313,052 
GRAIL, Inc.(1)
2,575 184,576 
Ideaya Biosciences, Inc.(1)
8,811 259,660 
Instil Bio, Inc.(1)(2)
404 3,260 
Intellia Therapeutics, Inc.(1)
12,275 172,709 
Iovance Biotherapeutics, Inc.(1)(2)
32,662 133,914 
Janux Therapeutics, Inc.(1)
3,642 53,137 
Keros Therapeutics, Inc.(1)
970 10,913 
Kiniksa Pharmaceuticals International PLC(1)
3,416 165,266 
Kura Oncology, Inc.(1)
371 3,784 
Kyverna Therapeutics, Inc.(1)(2)
3,361 28,636 
Larimar Therapeutics, Inc.(1)
1,554 5,408 
MiMedx Group, Inc.(1)
8,617 31,711 
Monte Rosa Therapeutics, Inc.(1)
6,301 124,193 
Myriad Genetics, Inc.(1)
9,331 37,044 
Neurogene, Inc.(1)
1,009 28,595 
Nkarta, Inc.(1)
404 1,313 


Organogenesis Holdings, Inc.(1)
8,063 20,722 
ORIC Pharmaceuticals, Inc.(1)
7,991 67,524 
Oruka Therapeutics, Inc.(1)
4,675 273,628 
Protara Therapeutics, Inc.(1)
3,240 15,066 
Prothena Corp. PLC(1)
5,452 55,501 
Puma Biotechnology, Inc.(1)
6,469 46,383 
Relay Therapeutics, Inc.(1)
18,208 255,822 
Rigel Pharmaceuticals, Inc.(1)
1,854 56,528 
Sagimet Biosciences, Inc., Class A(1)
3,012 21,957 
Solid Biosciences, Inc.(1)
6,211 45,589 
Upstream Bio, Inc.(1)
5,295 44,266 
Vanda Pharmaceuticals, Inc.(1)
7,009 45,208 
Vir Biotechnology, Inc.(1)
12,219 116,569 
Voyager Therapeutics, Inc.(1)
2,141 8,286 
Xencor, Inc.(1)
7,453 88,542 
 
 
5,817,590 
Broadline Retail — 0.6%
 
 
1stdibs.com, Inc.(1)
113 511 
Contextlogic Holdings, Inc.(1)(2)
2,618 23,510 
Kohl's Corp.(2)
12,325 176,987 
Macy's, Inc.
20,341 442,620 
Ollie's Bargain Outlet Holdings, Inc.(1)
2,621 213,952 
Savers Value Village, Inc.(1)
2,745 24,568 
 
 
882,148 
Building Products — 1.4%
 
 
Apogee Enterprises, Inc.
1,994 76,590 
AZZ, Inc.
2,149 291,211 
Fortune Brands Innovations, Inc.
6,000 233,640 
Gibraltar Industries, Inc.(1)
2,248 86,885 
Griffon Corp.
3,909 343,914 
Hayward Holdings, Inc.(1)
18,362 259,088 
Insteel Industries, Inc.
1,531 42,087 
Janus International Group, Inc.(1)
9,404 50,217 
Masterbrand, Inc.(1)
17,070 148,168 
Quanex Building Products Corp.
2,881 53,615 
Tecnoglass, Inc.
510 21,976 
Trex Co., Inc.(1)
5,972 247,241 
 
 
1,854,632 
Capital Markets — 1.5%
 
 
Acadian Asset Management, Inc.
2,890 208,976 
Artisan Partners Asset Management, Inc., Class A
6,246 233,850 
BGC Group, Inc., Class A
1,322 13,815 
Bullish(1)(2)
1,994 69,611 
DigitalBridge Group, Inc.
14,617 228,610 
Federated Hermes, Inc.
6,886 386,029 
Hamilton Lane, Inc., Class A
373 32,499 
Lazard, Inc.
8,181 387,207 
Moelis & Co., Class A
2,988 201,062 
Oppenheimer Holdings, Inc., Class A
672 61,602 
Virtus Investment Partners, Inc.
489 69,942 
WisdomTree, Inc.(2)
9,774 186,195 
 
 
2,079,398 
Chemicals — 2.8%
 
 
AdvanSix, Inc.
2,607 58,501 


American Vanguard Corp.(1)
2,260 5,831 
Arq, Inc.(1)
3,610 9,964 
Ashland, Inc.
3,421 198,076 
Aspen Aerogels, Inc.(1)
1,026 6,566 
Avient Corp.
3,205 113,521 
Cabot Corp.
4,119 360,454 
Chemours Co.
10,933 242,275 
Core Molding Technologies, Inc.(1)
751 17,791 
Ecovyst, Inc.(1)
8,671 114,370 
Flotek Industries, Inc.(1)(2)
2,242 44,728 
FMC Corp.
4,808 65,677 
Hawkins, Inc.
2,018 312,326 
HB Fuller Co.
4,516 289,385 
Huntsman Corp.
8,544 131,150 
Ingevity Corp.(1)
3,328 225,705 
Innospec, Inc.
1,939 160,821 
Intrepid Potash, Inc.(1)
1,306 51,025 
Koppers Holdings, Inc.
1,426 58,181 
Kronos Worldwide, Inc.
1,629 11,713 
LSB Industries, Inc.(1)
5,241 65,722 
Mativ Holdings, Inc.
5,945 52,792 
Minerals Technologies, Inc.
2,358 181,613 
Northern Technologies International Corp.
28 224 
Olin Corp.
10,312 266,771 
Orion SA
4,868 37,192 
Quaker Chemical Corp.
1,217 174,676 
Rayonier Advanced Materials, Inc.(1)
6,698 61,287 
Sensient Technologies Corp.
3,179 361,929 
Stepan Co.
1,515 80,068 
Tronox Holdings PLC, Class A
8,357 66,438 
Valhi, Inc.
85 1,223 
 
 
3,827,995 
Commercial Services and Supplies — 1.6%
 
 
ACCO Brands Corp.
9,125 36,135 
Brady Corp., Class A
3,771 324,608 
BrightView Holdings, Inc.(1)
7,176 88,695 
Brink's Co.
1,167 121,391 
Civeo Corp.(1)(2)
1,156 39,477 
Deluxe Corp.
5,374 130,534 
Ennis, Inc.
3,189 65,247 
Enviri Corp.(1)
7,619 158,094 
Healthcare Services Group, Inc.(1)
6,311 130,007 
HNI Corp.(2)
5,219 162,781 
Interface, Inc.
4,516 133,674 
Liquidity Services, Inc.(1)
2,410 87,266 
Millerknoll, Inc.
5,158 83,456 
OPENLANE, Inc.(1)
11,591 441,617 
Quad/Graphics, Inc.
4,346 32,378 
UniFirst Corp.
794 210,744 
Virco Mfg. Corp.(2)
583 3,516 
 
 
2,249,620 
Communications Equipment — 1.4%
 
 
ADTRAN Holdings, Inc.(1)
5,312 87,913 
Aviat Networks, Inc.(1)
1,479 26,282 


BK Technologies Corp.(1)
411 33,928 
Clearfield, Inc.(1)
1,221 57,655 
Digi International, Inc.(1)
2,721 181,763 
Extreme Networks, Inc.(1)
12,007 318,305 
Harmonic, Inc.(1)
10,016 151,342 
Lantronix, Inc.(1)
3,140 23,707 
NETGEAR, Inc.(1)
2,034 52,864 
NetScout Systems, Inc.(1)
5,222 217,340 
Ribbon Communications, Inc.(1)
8,714 26,839 
Viasat, Inc.(1)
8,514 686,399 
 
 
1,864,337 
Construction and Engineering — 1.6%
 
 
Ameresco, Inc., Class A(1)
3,185 114,596 
Argan, Inc.
729 486,257 
Centuri Holdings, Inc.(1)
8,211 252,406 
Limbach Holdings, Inc.(1)(2)
695 53,828 
Matrix Service Co.(1)
3,052 40,073 
MYR Group, Inc.(1)
1,431 665,501 
NWPX Infrastructure, Inc.(1)
1,021 120,437 
Orion Group Holdings, Inc.(1)
3,733 51,366 
Tutor Perini Corp.
5,212 372,606 
WillScot Holdings Corp.
4,005 103,049 
 
 
2,260,119 
Construction Materials — 0.3%
 
 
Knife River Corp.(1)
3,450 270,860 
Smith-Midland Corp.(1)(2)
8 256 
U.S. Lime & Minerals, Inc.
985 112,280 
 
 
383,396 
Consumer Finance — 1.2%
 
 
Atlanticus Holdings Corp.(1)
376 32,419 
Bread Financial Holdings, Inc.
4,883 434,929 
Dave, Inc.(1)
1,051 296,970 
Encore Capital Group, Inc.(1)
1,447 115,659 
EZCORP, Inc., Class A(1)
4,891 152,795 
Green Dot Corp., Class A(1)
5,053 65,032 
LendingClub Corp.(1)
10,388 185,426 
Navient Corp.
5,218 44,666 
NerdWallet, Inc., Class A(1)
3,748 32,233 
Oportun Financial Corp.(1)
4,402 23,859 
OppFi, Inc.(1)
3,015 25,597 
PRA Group, Inc.(1)
2,859 43,628 
PROG Holdings, Inc.
2,935 107,920 
Regional Management Corp.
559 20,549 
World Acceptance Corp.(1)
178 29,386 
 
 
1,611,068 
Consumer Staples Distribution & Retail — 1.1%
 
 
Andersons, Inc.
3,063 216,217 
Chefs' Warehouse, Inc.(1)
2,763 211,480 
Grocery Outlet Holding Corp.(1)(2)
7,640 65,016 
Ingles Markets, Inc., Class A
1,121 99,164 
Natural Grocers by Vitamin Cottage, Inc.
949 27,863 
PriceSmart, Inc.
2,609 443,504 
United Natural Foods, Inc.(1)
5,746 295,057 
Village Super Market, Inc., Class A
1,208 56,124 


Weis Markets, Inc.
1,056 77,056 
 
 
1,491,481 
Containers and Packaging — 0.6%
 
 
Greif, Inc., Class A
2,520 159,591 
Greif, Inc., Class B
266 21,360 
Myers Industries, Inc.
4,032 91,930 
O-I Glass, Inc.(1)
11,404 99,785 
Silgan Holdings, Inc.
2,867 107,684 
Sonoco Products Co.
3,329 162,056 
TriMas Corp.
3,303 135,192 
 
 
777,598 
Distributors — 0.0%
 
 
Gold.com, Inc.
1,031 43,622 
Diversified Consumer Services — 1.9%
 
 
American Public Education, Inc.(1)
1,135 56,149 
Bright Horizons Family Solutions, Inc.(1)
2,860 179,093 
Carriage Services, Inc.
1,449 59,684 
Coursera, Inc.(1)
13,645 73,547 
Covista, Inc.(1)
3,163 372,601 
Driven Brands Holdings, Inc.(1)(2)
7,104 98,319 
Frontdoor, Inc.(1)
6,461 401,034 
Graham Holdings Co., Class B
113 123,994 
Grand Canyon Education, Inc.(1)
1,050 157,343 
Laureate Education, Inc., Class A(1)
7,268 232,503 
Lincoln Educational Services Corp.(1)
2,080 96,346 
Matthews International Corp., Class A
2,984 79,195 
McGraw Hill, Inc.(1)
1,233 14,845 
OneSpaWorld Holdings Ltd.
8,654 205,533 
Perdoceo Education Corp.
5,419 175,467 
Strategic Education, Inc.
1,879 144,213 
Stride, Inc.(1)
566 52,287 
Universal Technical Institute, Inc.(1)
3,838 143,580 
 
 
2,665,733 
Diversified Telecommunication Services — 0.7%
 
 
ATN International, Inc.
219 6,167 
IDT Corp., Class B
1,553 85,663 
Iridium Communications, Inc.
7,084 366,810 
Liberty Capital Corp., Class A(1)
152 3,391 
Liberty Capital Corp., Class C(1)
1,533 34,293 
Liberty Global Ltd., Class A(1)
15,415 192,842 
Liberty Global Ltd., Class C(1)
13,851 168,428 
Liberty Latin America Ltd., Class A(1)
1,271 10,257 
Liberty Latin America Ltd., Class C(1)
5,257 43,107 
Shenandoah Telecommunications Co.
4,681 74,662 
 
 
985,620 
Electric Utilities — 0.5%
 
 
Hawaiian Electric Industries, Inc.(1)
15,820 210,406 
MGE Energy, Inc.
2,334 176,217 
Otter Tail Corp.
3,795 328,875 
 
 
715,498 
Electrical Equipment — 1.8%
 
 
Allient, Inc.
1,635 129,427 
Atkore, Inc.
2,994 247,933 
FuelCell Energy, Inc.(1)
5,190 112,415 


LSI Industries, Inc.
3,830 92,801 
Plug Power, Inc.(1)(2)
152,752 603,370 
Powell Industries, Inc.
1,494 424,924 
Preformed Line Products Co.
174 64,349 
Sensata Technologies Holding PLC
5,962 294,463 
Shoals Technologies Group, Inc., Class A(1)
17,532 218,273 
Sunrun, Inc.(1)
8,641 144,478 
Thermon Group Holdings, Inc.(1)
2,133 130,412 
Ultralife Corp.(1)
37 268 
 
 
2,463,113 
Electronic Equipment, Instruments and Components — 3.9%
 
 
908 Devices, Inc.(1)(2)
623 5,239 
Avnet, Inc.
7,453 647,889 
Badger Meter, Inc.
1,554 192,541 
Belden, Inc.
2,950 309,986 
Benchmark Electronics, Inc.
2,751 232,349 
Climb Global Solutions, Inc.
1,764 38,191 
Crane NXT Co.(2)
4,442 172,527 
CTS Corp.
2,204 141,519 
Daktronics, Inc.(1)
3,179 65,742 
ePlus, Inc.
2,392 196,359 
Insight Enterprises, Inc.(1)
1,082 115,103 
IPG Photonics Corp.(1)
2,345 268,549 
Itron, Inc.(1)
1,522 125,535 
Kimball Electronics, Inc.(1)
2,611 67,703 
Knowles Corp.(1)
7,026 262,843 
Methode Electronics, Inc.
4,197 48,433 
M-Tron Industries, Inc.(1)
357 32,487 
Napco Security Technologies, Inc.
3,201 120,134 
PC Connection, Inc.
1,252 87,127 
Plexus Corp.(1)
2,468 662,313 
Ralliant Corp.
8,012 495,702 
Richardson Electronics Ltd.
1,498 25,436 
Rogers Corp.(1)
1,452 205,487 
ScanSource, Inc.(1)
1,634 75,605 
Vishay Intertechnology, Inc.
10,261 534,085 
Vishay Precision Group, Inc.(1)
1,425 178,567 
 
 
5,307,451 
Energy Equipment and Services — 3.4%
 
 
Atlas Energy Solutions, Inc.(2)
5,672 94,666 
Bristow Group, Inc.
1,969 81,989 
Cactus, Inc., Class A
5,511 319,858 
Core Laboratories, Inc.
2,602 35,569 
DMC Global, Inc.(1)
266 1,811 
Energy Services of America Corp.
1,327 19,812 
Expro Group Holdings NV(1)
10,264 151,599 
Forum Energy Technologies, Inc.(1)
1,135 57,000 
Geospace Technologies Corp.(1)(2)
1,287 10,682 
Helix Energy Solutions Group, Inc.(1)
13,846 129,460 
Helmerich & Payne, Inc.
9,704 370,208 
Innovex International, Inc.(1)
3,438 91,829 
Kodiak Gas Services, Inc.
6,968 465,811 
Liberty Energy, Inc., Class A
15,291 447,415 
Nabors Industries Ltd.(1)
1,449 134,221 


National Energy Services Reunited Corp.(1)
5,848 142,399 
Natural Gas Services Group, Inc.
1,632 64,138 
Oceaneering International, Inc.(1)
11,169 426,991 
Oil States International, Inc.(1)
6,004 51,034 
Patterson-UTI Energy, Inc.
29,659 332,477 
ProFrac Holding Corp., Class A(1)
1,579 9,648 
ProPetro Holding Corp.(1)
10,221 155,972 
Ranger Energy Services, Inc.
1,811 27,998 
RPC, Inc.
12,430 82,287 
SEACOR Marine Holdings, Inc.(1)(2)
810 6,116 
Seadrill Ltd.(1)
5,204 245,473 
Select Water Solutions, Inc., Class A
7,744 138,850 
Solaris Energy Infrastructure, Inc., Class A
2,875 199,927 
TETRA Technologies, Inc.(1)
13,228 135,322 
Tidewater, Inc.(1)
3,966 291,461 
 
 
4,722,023 
Entertainment — 0.8%
 
 
Cinemark Holdings, Inc.
7,758 217,224 
IMAX Corp.(1)
3,922 155,625 
Madison Square Garden Entertainment Corp.(1)
3,098 218,502 
Marcus Corp.
2,413 45,630 
Skillz, Inc.(1)
213 1,996 
Sphere Entertainment Co.(1)(2)
3,289 455,460 
 
 
1,094,437 
Financial Services — 2.4%
 
 
Acacia Research Corp.(1)
1,380 6,417 
Alerus Financial Corp.
1,770 50,587 
Cannae Holdings, Inc.
3,764 55,820 
Cass Information Systems, Inc.
1,371 63,107 
Euronet Worldwide, Inc.(1)
1,233 89,368 
EVERTEC, Inc.
5,904 144,471 
Federal Agricultural Mortgage Corp., Class C
710 126,231 
Finance of America Cos., Inc., Class A(1)(2)
871 17,350 
Flywire Corp.(1)
10,486 168,195 
HA Sustainable Infrastructure Capital, Inc.
10,062 412,542 
International Money Express, Inc.(1)
2,887 43,218 
Marqeta, Inc., Class A(1)
36,242 147,142 
Merchants Bancorp
1,635 77,074 
NCR Atleos Corp.(1)
7,985 356,131 
NewtekOne, Inc.
3,016 41,862 
NMI Holdings, Inc., Class A(1)
8,061 289,390 
Onity Group, Inc.(1)
789 27,252 
Paymentus Holdings, Inc., Class A(1)
2,418 56,799 
Payoneer Global, Inc.(1)
22,951 119,345 
Radian Group, Inc.
1,098 37,497 
Remitly Global, Inc.(1)
14,686 294,014 
Repay Holdings Corp.(1)
9,129 35,421 
Velocity Financial, Inc.(1)
1,080 18,900 
Walker & Dunlop, Inc.
2,870 144,045 
Waterstone Financial, Inc.
1,419 26,266 
Western Union Co.(2)
16,000 130,080 
WEX, Inc.(1)
2,614 378,925 
 
 
3,357,449 
Food Products — 1.0%
 
 
Alico, Inc.
694 28,211 


B&G Foods, Inc.(2)
6,070 24,826 
Cal-Maine Foods, Inc.
1,691 126,351 
Flowers Foods, Inc.
4,745 36,252 
Fresh Del Monte Produce, Inc.
3,070 98,670 
Freshpet, Inc.(1)
3,568 184,109 
J&J Snack Foods Corp.
1,067 81,220 
John B Sanfilippo & Son, Inc.
947 70,940 
Lifeway Foods, Inc.(1)(2)
604 14,393 
Limoneira Co.
1,908 24,270 
Marzetti Co.
1,082 121,119 
Mission Produce, Inc.(1)(2)
4,476 49,863 
Post Holdings, Inc.(1)
2,754 252,927 
Seaboard Corp.
19 96,557 
Seneca Foods Corp., Class A(1)
339 48,745 
Tootsie Roll Industries, Inc.
2,022 76,250 
Utz Brands, Inc.
6,223 45,552 
Vital Farms, Inc.(1)
3,486 34,895 
 
 
1,415,150 
Gas Utilities — 0.9%
 
 
MDU Resources Group, Inc.
10,474 220,792 
New Jersey Resources Corp.
6,751 372,993 
Northwest Natural Holding Co.
3,470 168,260 
ONE Gas, Inc.
1,300 101,062 
Spire, Inc.
4,030 331,508 
Star Group LP
45 565 
 
 
1,195,180 
Ground Transportation — 0.8%
 
 
ArcBest Corp.
2,046 279,668 
Covenant Logistics Group, Inc.
1,609 63,877 
Heartland Express, Inc.
4,804 72,012 
Marten Transport Ltd.
5,390 92,923 
RXO, Inc.(1)
8,823 225,692 
Schneider National, Inc., Class B
3,135 110,791 
Universal Logistics Holdings, Inc.(2)
646 10,278 
Werner Enterprises, Inc.
4,819 200,037 
 
 
1,055,278 
Health Care Equipment and Supplies — 3.1%
 
 
Acme United Corp.(2)
9 380 
AngioDynamics, Inc.(1)
4,841 55,575 
Avanos Medical, Inc.(1)
1,865 46,252 
Beta Bionics, Inc.(1)
3,919 47,498 
Bioventus, Inc., Class A(1)
4,466 38,006 
CONMED Corp.
3,018 107,743 
Dentsply Sirona, Inc.
17,765 185,999 
Electromed, Inc.(1)
681 25,687 
Enovis Corp.(1)
4,208 95,437 
Envista Holdings Corp.(1)
14,456 340,439 
Haemonetics Corp.(1)
5,000 339,050 
ICU Medical, Inc.(1)
1,944 263,198 
Inogen, Inc.(1)
2,116 13,733 
Integer Holdings Corp.(1)
1,139 101,804 
Integra LifeSciences Holdings Corp.(1)
6,531 104,757 
iRadimed Corp.
921 83,498 
Kewaunee Scientific Corp.(1)
340 13,794 


Lantheus Holdings, Inc.(1)
5,092 505,636 
LeMaitre Vascular, Inc.
2,091 197,913 
LivaNova PLC(1)
6,049 446,416 
Merit Medical Systems, Inc.(1)
4,264 268,888 
Neogen Corp.(1)
17,813 159,783 
Omnicell, Inc.(1)
3,360 148,310 
OraSure Technologies, Inc.(1)
8,199 35,256 
Orthofix Medical, Inc.(1)
2,554 23,675 
OrthoPediatrics Corp.(1)
1,466 25,171 
QuidelOrtho Corp.(1)(2)
5,335 69,462 
Sensus Healthcare, Inc.(1)(2)
1,242 3,838 
SI-BONE, Inc.(1)
3,970 55,977 
STAAR Surgical Co.(1)
503 15,035 
Tactile Systems Technology, Inc.(1)
2,597 63,912 
TransMedics Group, Inc.(1)(2)
2,350 157,920 
UFP Technologies, Inc.(1)
485 106,748 
Utah Medical Products, Inc.
395 26,248 
Varex Imaging Corp.(1)
5,274 53,953 
 
 
4,226,991 
Health Care Providers and Services — 1.5%
 
 
Acadia Healthcare Co., Inc.(1)
8,046 186,667 
AdaptHealth Corp.(1)
10,854 109,951 
Alignment Healthcare, Inc.(1)
13,021 199,482 
AMN Healthcare Services, Inc.(1)
994 28,796 
Ardent Health, Inc.(1)
2,330 21,506 
Astrana Health, Inc.(1)
3,416 128,510 
Castle Biosciences, Inc.(1)
2,626 55,356 
Concentra Group Holdings Parent, Inc.
9,992 248,501 
Cross Country Healthcare, Inc.(1)
765 10,014 
Fulgent Genetics, Inc.(1)
1,243 22,548 
InfuSystem Holdings, Inc.(1)
2,562 23,237 
Joint Corp.(1)(2)
41 365 
National HealthCare Corp.
988 182,207 
NeoGenomics, Inc.(1)
11,308 118,960 
NRC Health
883 17,245 
Nutex Health, Inc.(1)(2)
231 29,824 
Option Care Health, Inc.(1)
9,337 194,863 
Pediatrix Medical Group, Inc.(1)
7,040 151,642 
Progyny, Inc.(1)
5,998 153,309 
RadNet, Inc.(1)
1,263 70,134 
Strata Critical Medical, Inc.(1)
6,337 39,987 
Talkspace, Inc.(1)
4,173 21,700 
 
 
2,014,804 
Health Care Technology — 0.2%
 
 
American Well Corp., Class A(1)
1,413 13,890 
GoodRx Holdings, Inc., Class A(1)
937 2,736 
HealthStream, Inc.
1,544 38,554 
Teladoc Health, Inc.(1)
13,490 102,659 
TruBridge, Inc.(1)
2,185 56,722 
 
 
214,561 
Hotels, Restaurants and Leisure — 2.3%
 
 
Accel Entertainment, Inc.(1)
4,450 52,910 
Biglari Holdings, Inc., Class A(1)
6 8,938 
Biglari Holdings, Inc., Class B(1)
75 21,786 


BJ's Restaurants, Inc.(1)
1,667 78,432 
Bloomin' Brands, Inc.
5,431 45,838 
Caesars Entertainment, Inc.(1)
8,481 246,373 
Cheesecake Factory, Inc.
4,301 284,038 
Choice Hotels International, Inc.(2)
1,597 173,881 
Cracker Barrel Old Country Store, Inc.(2)
1,790 60,538 
Dave & Buster's Entertainment, Inc.(1)
2,523 33,733 
El Pollo Loco Holdings, Inc.(1)
2,325 34,573 
First Watch Restaurant Group, Inc.(1)
5,521 64,209 
Full House Resorts, Inc.(1)
3,479 8,697 
Global Business Travel Group I(1)
14,995 140,053 
Hilton Grand Vacations, Inc.(1)(2)
5,820 302,756 
Marriott Vacations Worldwide Corp.
3,006 255,149 
Monarch Casino & Resort, Inc.
1,184 142,388 
Penn Entertainment, Inc.(1)
11,537 217,242 
Portillo's, Inc., Class A(1)(2)
7,395 31,725 
Pursuit Attractions & Hospitality, Inc.(1)
2,351 105,254 
RCI Hospitality Holdings, Inc.(2)
1,019 25,852 
Rush Street Interactive, Inc.(1)
8,317 210,753 
Shake Shack, Inc., Class A(1)
2,863 184,120 
Super Group SGHC Ltd.
5,749 71,575 
Target Hospitality Corp.(1)
3,133 54,389 
Vail Resorts, Inc.(2)
2,000 267,200 
Wendy's Co.(2)
11,334 87,272 
 
 
3,209,674 
Household Durables — 1.9%
 
 
Beazer Homes USA, Inc.(1)
2,124 53,928 
Cavco Industries, Inc.(1)
448 240,361 
Century Communities, Inc.
2,211 116,785 
Champion Homes, Inc.(1)
4,237 311,970 
Cricut, Inc., Class A(2)
5,030 20,875 
Dream Finders Homes, Inc., Class A(1)(2)
1,204 18,614 
Ethan Allen Interiors, Inc.
1,837 37,879 
Flexsteel Industries, Inc.
423 24,373 
Green Brick Partners, Inc.(1)
2,847 191,489 
Hamilton Beach Brands Holding Co., Class A(2)
575 11,673 
Helen of Troy Ltd.(1)
2,851 77,376 
Hooker Furnishings Corp.(2)
966 11,563 
Hovnanian Enterprises, Inc., Class A(1)
438 48,338 
KB Home
5,070 247,720 
La-Z-Boy, Inc.
3,533 132,770 
Legacy Housing Corp.(1)
1,101 26,435 
Leggett & Platt, Inc.
11,954 122,768 
LGI Homes, Inc.(1)
1,374 65,691 
Lifetime Brands, Inc.
51 436 
Lovesac Co.(1)
1,540 23,685 
M/I Homes, Inc.(1)
2,310 304,042 
Meritage Homes Corp.
216 14,092 
Newell Brands, Inc.
31,333 106,532 
Sonos, Inc.(1)
10,475 165,296 
Universal Electronics, Inc.(1)
491 2,043 
Whirlpool Corp.
4,125 179,107 
 
 
2,555,841 
Household Products — 0.5%
 
 
Central Garden & Pet Co.(1)
613 23,588 


Central Garden & Pet Co., Class A(1)
3,879 132,390 
Energizer Holdings, Inc.
6,100 111,142 
Oil-Dri Corp. of America
862 66,081 
Reynolds Consumer Products, Inc.
2,728 59,116 
Spectrum Brands Holdings, Inc.
1,768 139,124 
WD-40 Co.
956 191,171 
 
 
722,612 
Independent Power and Renewable Electricity Producers — 0.1%
 
 
Hallador Energy Co.(1)
3,754 72,302 
Montauk Renewables, Inc.(1)(2)
2,452 4,267 
XPLR Infrastructure LP(1)
6,834 85,288 
 
 
161,857 
Insurance — 2.9%
 
 
American Coastal Insurance Corp., Class C
1,541 16,103 
AMERISAFE, Inc.
1,423 43,615 
Brighthouse Financial, Inc.(1)
1,536 96,077 
CNO Financial Group, Inc.
7,839 360,359 
Donegal Group, Inc., Class A
1,180 20,025 
Employers Holdings, Inc.
1,780 77,430 
Genworth Financial, Inc., Class A(1)
40,101 343,265 
Greenlight Capital Re Ltd., Class A(1)
2,521 39,504 
Hagerty, Inc., Class A(1)
1,455 14,870 
Hamilton Insurance Group Ltd., Class B
4,114 121,816 
HCI Group, Inc.
890 137,122 
Heritage Insurance Holdings, Inc.(1)
2,086 45,224 
Hippo Holdings, Inc.(1)
2,400 62,088 
Horace Mann Educators Corp.
3,414 156,122 
Investors Title Co.
134 31,457 
James River Group Holdings, Inc.
4,185 16,363 
Kingstone Cos., Inc.
1,743 25,918 
Mercury General Corp.
1,981 194,197 
Octave Specialty Group, Inc.(1)
4,664 25,559 
Oscar Health, Inc., Class A(1)
20,098 446,779 
Palomar Holdings, Inc.(1)
2,434 260,535 
Pelagos Insurance Capital Ltd.
4,615 99,592 
ProAssurance Corp.(1)
3,837 92,050 
RLI Corp.
4,564 228,383 
Root, Inc., Class A(1)
812 42,273 
Safety Insurance Group, Inc.
1,095 76,836 
Selective Insurance Group, Inc.
1,611 139,416 
SiriusPoint Ltd.(1)
8,230 175,710 
Skyward Specialty Insurance Group, Inc.(1)
2,753 121,462 
Slide Insurance Holdings, Inc.(1)
1,986 35,808 
Stewart Information Services Corp.
2,385 154,977 
Tiptree, Inc.
2,781 50,725 
Trupanion, Inc.(1)
2,549 55,619 
United Fire Group, Inc.
1,431 63,436 
Universal Insurance Holdings, Inc.
1,979 73,263 
 
 
3,943,978 
Interactive Media and Services — 0.8%
 
 
Cargurus, Inc.(1)
6,155 183,788 
Cars.com, Inc.(1)
4,522 46,486 
EverQuote, Inc., Class A(1)
2,660 51,178 
IAC, Inc.(1)
4,890 219,512 


Shutterstock, Inc.
672 10,006 
Taboola.com Ltd.(1)
12,879 62,850 
TripAdvisor, Inc.(1)
11,368 127,094 
Webtoon Entertainment, Inc.(1)(2)
5,760 70,791 
Yelp, Inc.(1)
4,733 107,913 
Ziff Davis, Inc.(1)
3,048 137,373 
ZoomInfo Technologies, Inc.(1)
22,876 76,177 
 
 
1,093,168 
IT Services — 0.1%
 
 
CSP, Inc.(2)
324 3,205 
DXC Technology Co.(1)
5,823 57,706 
Everforth, Inc.(1)
1,419 32,183 
Hackett Group, Inc.
3,261 37,599 
 
 
130,693 
Leisure Products — 1.4%
 
 
Acushnet Holdings Corp.
2,138 189,812 
American Outdoor Brands, Inc.(1)
1,754 17,777 
Brunswick Corp.
3,970 332,527 
Callaway Golf Co.(1)
11,014 169,615 
Clarus Corp.
1,628 4,990 
Funko, Inc., Class A(1)(2)
3,907 22,192 
JAKKS Pacific, Inc.
1,079 23,835 
Johnson Outdoors, Inc., Class A
489 21,888 
Latham Group, Inc.(1)
4,022 21,236 
Malibu Boats, Inc., Class A(1)
1,431 39,295 
MasterCraft Boat Holdings, Inc.(1)
2,093 48,746 
Mattel, Inc.(1)
17,235 257,491 
Polaris, Inc.
5,487 387,217 
Smith & Wesson Brands, Inc.
4,134 62,919 
Sturm Ruger & Co., Inc.
1,118 43,703 
YETI Holdings, Inc.(1)
7,136 342,314 
 
 
1,985,557 
Life Sciences Tools and Services — 0.7%
 
 
10X Genomics, Inc., Class A(1)
10,138 286,956 
Azenta, Inc.(1)
3,046 69,692 
CryoPort, Inc.(1)
4,331 67,953 
Cytek Biosciences, Inc.(1)
12,847 53,829 
Ginkgo Bioworks Holdings, Inc.(1)(2)
3,726 34,913 
Mesa Laboratories, Inc.
655 66,823 
Personalis, Inc.(1)(2)
3,492 39,809 
Quanterix Corp.(1)
2,354 7,203 
Sotera Health Co.(1)
16,737 261,767 
 
 
888,945 
Machinery — 3.1%
 
 
Aebi Schmidt Holding AG
3,952 49,321 
AirJoule Technologies Corp.(1)
1,682 7,552 
Alamo Group, Inc.
712 107,306 
Albany International Corp., Class A
2,250 145,553 
Astec Industries, Inc.
1,832 92,260 
Atmus Filtration Technologies, Inc.
7,614 356,183 
Blue Bird Corp.(1)
2,403 162,851 
CECO Environmental Corp.(1)
2,854 213,336 
Columbus McKinnon Corp.
3,317 52,939 
Douglas Dynamics, Inc.
1,717 76,492 


Eastern Co.(2)
3 65 
Enerpac Tool Group Corp.
4,015 134,462 
Enpro, Inc.
49 15,043 
Franklin Electric Co., Inc.
1,166 114,711 
Gorman-Rupp Co.
2,191 164,215 
Graham Corp.(1)
1,267 126,877 
Greenbrier Cos., Inc.
2,906 136,902 
Helios Technologies, Inc.
2,940 244,285 
Hillman Solutions Corp.(1)
14,590 108,841 
Hyster-Yale, Inc.
1,059 38,463 
Kadant, Inc.
750 239,385 
Kennametal, Inc.
6,992 229,338 
L.B. Foster Co., Class A(1)
1,189 48,915 
Lindsay Corp.
827 90,383 
Luxfer Holdings PLC
2,853 48,587 
Manitowoc Co., Inc.(1)
3,553 42,032 
Mayville Engineering Co., Inc.(1)
871 23,386 
Microvast Holdings, Inc.(1)(2)
22,019 34,129 
Miller Industries, Inc.
1,191 57,061 
Mueller Water Products, Inc., Class A
14,560 367,058 
Omega Flex, Inc.
263 7,950 
Park-Ohio Holdings Corp.
342 11,136 
Proto Labs, Inc.(1)
2,267 171,748 
Taylor Devices, Inc.(1)(2)
246 12,546 
Tennant Co.(2)
1,631 140,445 
Titan International, Inc.(1)
5,067 36,584 
Trinity Industries, Inc.
5,594 181,469 
Wabash National Corp.
1,556 12,339 
Worthington Enterprises, Inc.
3,309 187,852 
 
 
4,290,000 
Marine Transportation — 0.2%
 
 
Costamare Bulkers Holdings Ltd.(1)
726 11,718 
Genco Shipping & Trading Ltd.
3,754 90,321 
Matson, Inc.
1,073 194,535 
Pangaea Logistics Solutions Ltd.
2,782 21,060 
 
 
317,634 
Media — 0.8%
 
 
AMC Global Media, Inc., Class A(1)
3,828 37,208 
Boston Omaha Corp., Class A(1)
2,824 36,373 
Cable One, Inc.(1)
480 25,224 
DoubleVerify Holdings, Inc.(1)
14,158 137,333 
Emerald Holding, Inc.(2)
2,098 10,490 
Gambling.com Group Ltd.(1)(2)
1,719 4,091 
Ibotta, Inc., Class A(1)(2)
1,789 61,273 
John Wiley & Sons, Inc., Class A
3,868 162,765 
Magnite, Inc.(1)
14,088 201,881 
National CineMedia, Inc.(2)
7,316 22,972 
NIQ Global Intelligence PLC(1)
4,706 39,248 
PubMatic, Inc., Class A(1)
4,935 57,641 
Scholastic Corp.
1,017 41,189 
Sinclair, Inc.
3,896 53,882 
Stagwell, Inc.(1)
8,468 59,361 
TechTarget, Inc.(1)
75 344 


USA TODAY Co., Inc.(1)
14,736 115,088 
 
 
1,066,363 
Metals and Mining — 1.5%
 
 
Alpha Metallurgical Resources, Inc.(1)
804 159,972 
Compass Minerals International, Inc.(1)
4,210 134,383 
Kaiser Aluminum Corp.
1,433 260,863 
Materion Corp.
2,328 512,253 
McEwen, Inc.(1)
5,111 111,880 
Metallus, Inc.(1)
2,780 54,627 
Ramaco Resources, Inc., Class A(1)
1,974 30,814 
Ramaco Resources, Inc., Class B(1)
424 4,880 
Ryerson Holding Corp.
4,881 139,597 
SunCoke Energy, Inc.
8,822 79,486 
Tredegar Corp.(1)
3,086 24,102 
Warrior Met Coal, Inc.
5,132 485,179 
Worthington Steel, Inc.
2,855 120,453 
 
 
2,118,489 
Multi-Utilities — 0.5%
 
 
Avista Corp.
8,422 349,260 
Northwestern Energy Group, Inc.
3,584 253,066 
Unitil Corp.
1,623 81,199 
 
 
683,525 
Oil, Gas and Consumable Fuels — 4.0%
 
 
Amplify Energy Corp.(1)
3,055 14,145 
Ardmore Shipping Corp.
3,857 62,020 
BKV Corp.(1)
1,852 49,152 
Centrus Energy Corp., Class A(1)(2)
1,022 186,484 
Clean Energy Fuels Corp.(1)
15,742 32,114 
Comstock, Inc.(1)(2)
2,919 12,114 
Core Natural Resources, Inc.
4,127 364,992 
Crescent Energy Co., Class A
20,922 241,858 
CVR Energy, Inc.
3,125 103,812 
Delek U.S. Holdings, Inc.
6,263 278,766 
DHT Holdings, Inc.
12,909 210,675 
Dorian LPG Ltd.
3,685 148,211 
Encore Energy Corp.(1)
18,867 30,187 
Evolution Petroleum Corp.
3,007 12,750 
Excelerate Energy, Inc., Class A
2,114 69,635 
FutureFuel Corp.
2,720 11,261 
Gevo, Inc.(1)
20,126 37,434 
Golar LNG Ltd.
8,582 426,954 
Gran Tierra Energy, Inc.(1)(2)
3,739 29,052 
Granite Ridge Resources, Inc.
6,652 32,329 
Green Plains, Inc.(1)
5,683 89,053 
Gulfport Energy Corp.(1)
879 148,191 
HighPeak Energy, Inc.
2,325 16,507 
International Seaways, Inc.
4,399 339,559 
Kimbell Royalty Partners LP
6,553 98,360 
Northern Oil & Gas, Inc.
6,905 150,322 
Par Pacific Holdings, Inc.(1)
3,774 211,948 
PBF Energy, Inc., Class A
4,734 192,674 
Peabody Energy Corp.
13,803 373,371 
Plains GP Holdings LP, Class A(1)
16,817 409,494 
PrimeEnergy Resources Corp.(1)
19 3,128 


REX American Resources Corp.(1)
2,492 116,526 
Riley Exploration Permian, Inc.
981 32,628 
SandRidge Energy, Inc.
3,287 48,220 
Scorpio Tankers, Inc.
3,590 267,491 
Summit Midstream Corp.(1)
1,327 35,364 
Talos Energy, Inc.(1)
11,673 171,243 
Tamboran Resources Corp.(1)
1,803 60,599 
Teekay Tankers Ltd., Class A
2,251 158,358 
VAALCO Energy, Inc.
9,094 47,471 
Vitesse Energy, Inc.(2)
3,107 53,689 
World Kinect Corp.
4,195 120,858 
 
 
5,498,999 
Paper and Forest Products — 0.4%
 
 
Clearwater Paper Corp.(1)
1,361 22,184 
Louisiana-Pacific Corp.
4,901 374,339 
Sylvamo Corp.
2,638 103,594 
 
 
500,117 
Passenger Airlines — 0.5%
 
 
Allegiant Travel Co.(1)
1,886 172,777 
Frontier Group Holdings, Inc.(1)(2)
5,960 36,058 
JetBlue Airways Corp.(1)
22,535 123,266 
SkyWest, Inc.(1)
3,820 327,183 
 
 
659,284 
Personal Care Products — 0.4%
 
 
Edgewell Personal Care Co.
4,903 85,901 
elf Beauty, Inc.(1)
2,915 163,240 
Honest Co., Inc.(1)
12,483 43,690 
Interparfums, Inc.
1,365 128,815 
Lifevantage Corp.(2)
1,530 12,041 
Medifast, Inc.(1)(2)
892 11,177 
Nature's Sunshine Products, Inc.(1)
36 766 
Nu Skin Enterprises, Inc., Class A
5,252 30,409 
USANA Health Sciences, Inc.(1)
890 16,287 
 
 
492,326 
Pharmaceuticals — 1.8%
 
 
Aclaris Therapeutics, Inc.(1)
6,541 29,762 
Amphastar Pharmaceuticals, Inc.(1)
3,318 62,544 
ANI Pharmaceuticals, Inc.(1)
1,513 118,786 
Arvinas, Inc.(1)
6,199 55,667 
Atea Pharmaceuticals, Inc.(1)
6,599 30,817 
Collegium Pharmaceutical, Inc.(1)
2,789 93,738 
Contineum Therapeutics, Inc., Class A(1)
2,401 32,390 
Enliven Therapeutics, Inc.(1)
4,322 171,022 
Fulcrum Therapeutics, Inc.(1)
3,621 25,057 
Harmony Biosciences Holdings, Inc.(1)
3,795 119,884 
Innoviva, Inc.(1)
5,813 124,514 
Ligand Pharmaceuticals, Inc.(1)
1,931 447,915 
Neumora Therapeutics, Inc.(1)
4,145 7,668 
Organon & Co.
21,630 288,544 
Pacira BioSciences, Inc.(1)
3,384 78,576 
Perrigo Co. PLC
5,613 62,024 
Prestige Consumer Healthcare, Inc.(1)
2,771 131,706 
Rapport Therapeutics, Inc.(1)
3,399 134,261 
Septerna, Inc.(1)
3,298 99,600 


SIGA Technologies, Inc.
4,736 22,164 
Supernus Pharmaceuticals, Inc.(1)
6,098 281,606 
Theravance Biopharma, Inc.(1)
3,256 52,291 
Third Harmonic Bio, Inc.(1)(2)
544 16 
 
 
2,470,552 
Professional Services — 1.9%
 
 
Asure Software, Inc.(1)
3,217 29,757 
BlackSky Technology, Inc.(1)
858 41,587 
Clarivate PLC(1)(2)
18,424 46,613 
Concentrix Corp.
1,473 41,671 
Conduent, Inc.(1)
16,724 28,932 
CRA International, Inc.
581 80,614 
ExlService Holdings, Inc.(1)
5,098 147,995 
Exponent, Inc.
2,371 138,277 
Franklin Covey Co.(1)
1,387 32,900 
Huron Consulting Group, Inc.(1)
1,836 197,168 
IBEX Holdings Ltd.(1)
1,338 42,334 
Innodata, Inc.(1)(2)
2,962 310,951 
Insperity, Inc.
1,829 63,046 
KBR, Inc.
7,473 261,181 
Kelly Services, Inc., Class A
1,043 12,120 
Kforce, Inc.
1,476 69,357 
Korn Ferry
4,694 328,486 
Legalzoom.com, Inc.(1)
15,242 95,872 
ManpowerGroup, Inc.
2,358 74,584 
Mistras Group, Inc.(1)
2,154 37,867 
RCM Technologies, Inc.(1)
6 130 
Resources Connection, Inc.
2,593 11,720 
Robert Half, Inc.
1,314 38,684 
Science Applications International Corp.
1,354 141,087 
Skillsoft Corp.(1)
523 3,813 
TaskUS, Inc., Class A(2)
2,418 15,306 
TriNet Group, Inc.
669 30,560 
TrueBlue, Inc.(1)
2,959 18,375 
Upwork, Inc.(1)
10,272 90,599 
Verra Mobility Corp.(1)
13,703 61,801 
Willdan Group, Inc.(1)
1,447 131,445 
 
 
2,624,832 
Real Estate Management and Development — 0.7%
 
 
Cushman & Wakefield Ltd.(1)
23,992 298,460 
Douglas Elliman, Inc.(1)
4,572 8,230 
Five Point Holdings LLC, Class A(1)
8,138 40,934 
Forestar Group, Inc.(1)
1,642 45,106 
FRP Holdings, Inc.(1)
1,170 27,039 
Howard Hughes Holdings, Inc.(1)
1,159 73,423 
Kennedy-Wilson Holdings, Inc.
10,072 110,893 
Marcus & Millichap, Inc.
2,977 84,070 
RMR Group, Inc., Class A
1,095 21,845 
Seritage Growth Properties, Class A(1)(2)
2,270 5,834 
St. Joe Co.
3,251 206,861 
Tejon Ranch Co.(1)
1,950 37,693 
 
 
960,388 
Semiconductors and Semiconductor Equipment — 3.6%
 
 
ACM Research, Inc., Class A(1)
5,256 454,959 


Alpha & Omega Semiconductor Ltd.(1)
1,892 85,802 
Axcelis Technologies, Inc.(1)
2,859 430,022 
AXT, Inc.(1)
2,741 282,762 
CEVA, Inc.(1)
3,067 122,619 
Cohu, Inc.(1)
4,387 231,414 
Diodes, Inc.(1)
4,108 432,655 
Ichor Holdings Ltd.(1)
4,071 291,158 
inTEST Corp.(1)(2)
20 337 
Kulicke & Soffa Industries, Inc.
3,372 343,573 
Magnachip Semiconductor Corp.(1)
1,295 11,396 
NVE Corp.(2)
593 58,078 
Photronics, Inc.(1)
4,439 143,602 
Power Integrations, Inc.
2,717 228,228 
QuickLogic Corp.(1)
35 726 
SkyWater Technology, Inc.(1)
3,830 149,293 
SolarEdge Technologies, Inc.(1)(2)
6,286 479,936 
Synaptics, Inc.(1)
3,347 459,476 
Ultra Clean Holdings, Inc.(1)
4,311 368,892 
Universal Display Corp.
587 54,074 
Veeco Instruments, Inc.(1)
5,284 304,570 
 
 
4,933,572 
Software — 3.0%
 
 
8x8, Inc.(1)
18,346 37,976 
A10 Networks, Inc.
6,319 190,455 
ACI Worldwide, Inc.(1)
3,752 163,850 
Adeia, Inc.
8,100 216,432 
Alarm.com Holdings, Inc.(1)
3,965 178,861 
Bill Holdings, Inc.(1)
4,053 150,042 
Blackbaud, Inc.(1)
4,218 129,450 
BlackLine, Inc.(1)
3,880 114,072 
Cerence, Inc.(1)
118 1,517 
Cleanspark, Inc.(1)(2)
5,963 109,063 
CS Disco, Inc.(1)
55 219 
Daily Journal Corp.(1)
137 70,845 
Digital Turbine, Inc.(1)
10,440 91,663 
Five9, Inc.(1)
2,110 51,379 
LiveRamp Holdings, Inc.(1)
5,971 224,271 
MARA Holdings, Inc.(1)(2)
28,661 412,145 
Mitek Systems, Inc.(1)
3,241 55,680 
N-able, Inc.(1)
6,131 22,685 
OneSpan, Inc.
2,733 39,465 
Pagaya Technologies Ltd., Class A(1)(2)
5,624 85,035 
Progress Software Corp.(1)
3,167 103,973 
Qualys, Inc.(1)
2,701 295,192 
Rapid7, Inc.(1)
5,212 43,677 
Red Violet, Inc.(1)
1,430 81,281 
ReposiTrak, Inc.(2)
1,427 14,741 
Riot Platforms, Inc.(1)(2)
19,192 520,295 
Silvaco Group, Inc.(1)
145 1,401 
Tenable Holdings, Inc.(1)
6,830 192,811 
Teradata Corp.(1)
6,962 237,056 
Thryv Holdings, Inc.(1)
4,969 19,280 
Vertex, Inc., Class A(1)
184 2,456 
Xperi, Inc.(1)
5,286 42,024 


Zeta Global Holdings Corp., Class A(1)
11,766 269,324 
 
 
4,168,616 
Specialty Retail — 2.9%
 
 
1-800-Flowers.com, Inc., Class A(1)(2)
1,947 8,898 
Abercrombie & Fitch Co., Class A(1)
4,142 319,845 
Academy Sports & Outdoors, Inc.
6,055 319,704 
Advance Auto Parts, Inc.(2)
6,519 392,705 
American Eagle Outfitters, Inc.
14,628 231,122 
America's Car-Mart, Inc.(1)
885 10,877 
Arhaus, Inc.
5,588 37,831 
Arko Corp.
6,055 46,987 
Asbury Automotive Group, Inc.(1)
453 85,033 
Barnes & Noble Education, Inc.(1)(2)
1,785 18,493 
Boot Barn Holdings, Inc.(1)
1,555 264,148 
Buckle, Inc.
3,455 158,481 
Build-A-Bear Workshop, Inc.(2)
1,426 53,061 
Caleres, Inc.
1,358 19,772 
Citi Trends, Inc.(1)
644 29,630 
Designer Brands, Inc., Class A(2)
1,877 14,490 
Genesco, Inc.(1)
1,527 58,591 
Group 1 Automotive, Inc.
478 151,210 
Haverty Furniture Cos., Inc.
1,749 40,559 
J Jill, Inc.(2)
919 11,644 
Lands' End, Inc.(1)
929 10,916 
MarineMax, Inc.(1)
1,964 67,640 
Monro, Inc.
2,396 39,414 
National Vision Holdings, Inc.(1)
6,177 103,465 
OneWater Marine, Inc., Class A(1)(2)
270 2,973 
Petco Health & Wellness Co., Inc.(1)
188 566 
Revolve Group, Inc.(1)
143 2,803 
RH(1)
569 84,491 
Sally Beauty Holdings, Inc.(1)
7,466 99,148 
Shoe Carnival, Inc.
1,366 24,178 
Signet Jewelers Ltd.
2,564 224,068 
Sonic Automotive, Inc., Class A
1,440 118,973 
Stitch Fix, Inc., Class A(1)
11,282 40,164 
Upbound Group, Inc.
3,758 72,191 
Valvoline, Inc.(1)
8,477 286,099 
Victoria's Secret & Co.(1)
7,573 416,515 
Warby Parker, Inc., Class A(1)
6,321 154,991 
Zumiez, Inc.(1)
726 17,881 
 
 
4,039,557 
Technology Hardware, Storage and Peripherals — 0.3%
 
 
Corsair Gaming, Inc.(1)
6,400 77,696 
Diebold Nixdorf, Inc.(1)
2,139 173,558 
Eastman Kodak Co.(1)
8,436 83,685 
Immersion Corp.(2)
3,497 22,661 
 
 
357,600 
Textiles, Apparel and Luxury Goods — 1.6%
 
 
Carter's, Inc.
3,219 124,221 
Columbia Sportswear Co.
428 28,325 
Crocs, Inc.(1)
641 76,067 
Ermenegildo Zegna NV(2)
5,348 78,616 
Figs, Inc., Class A(1)
10,548 124,044 


G-III Apparel Group Ltd.
2,894 93,563 
Gildan Activewear, Inc.(2)
3,802 231,846 
Kontoor Brands, Inc.
4,136 296,841 
Lakeland Industries, Inc.
886 9,586 
Movado Group, Inc.
1,917 73,383 
Oxford Industries, Inc.(2)
1,635 72,954 
PVH Corp.
4,344 405,208 
Rocky Brands, Inc.
394 15,232 
Steven Madden Ltd.
6,988 303,559 
Superior Group of Cos., Inc.(2)
1,464 18,725 
Under Armour, Inc., Class A(1)(2)
19,347 113,567 
Under Armour, Inc., Class C(1)
11,594 66,434 
Vera Bradley, Inc.(1)
67 222 
Wolverine World Wide, Inc.
7,190 126,184 
 
 
2,258,577 
Trading Companies and Distributors — 1.3%
 
 
BlueLinx Holdings, Inc.(1)
841 43,724 
Boise Cascade Co.
1,424 99,281 
Custom Truck One Source, Inc.(1)
8,502 81,449 
DNOW, Inc.(1)
7,086 90,630 
DXP Enterprises, Inc.(1)
1,037 150,427 
Global Industrial Co.
1,313 39,915 
Herc Holdings, Inc.
2,497 332,101 
Hudson Technologies, Inc.(1)
3,609 19,200 
Karat Packaging, Inc.
772 20,937 
NPK International, Inc.(1)
6,456 93,741 
Rush Enterprises, Inc., Class A
5,599 388,179 
Rush Enterprises, Inc., Class B
218 14,148 
SiteOne Landscape Supply, Inc.(1)
2,646 287,356 
Titan Machinery, Inc.(1)
2,928 63,889 
Willis Lease Finance Corp.
341 60,360 
 
 
1,785,337 
Transportation Infrastructure — 0.0%
 
 
Sky Harbour Group Corp.(1)(2)
2,442 22,930 
Water Utilities — 0.4%
 
 
American States Water Co.
2,900 224,083 
Artesian Resources Corp., Class A
620 20,163 
California Water Service Group
6,272 282,867 
 
 
527,113 
Wireless Telecommunication Services — 0.1%
 
 
Gogo, Inc.(1)
7,935 36,263 
Spok Holdings, Inc.
2,115 22,398 
Telephone & Data Systems, Inc.
324 12,671 
 
 
71,332 
TOTAL COMMON STOCKS
(Cost $115,262,085)
 
136,222,140 
RIGHTS — 0.0%
 
 
Biotechnology — 0.0%
 
 
89bio, Inc.(1)(2)
16,239 5,521 
Cargo Therapeutics, Inc.(1)(2)
3,540 36 
Sage Therapeutics, Inc.(1)
6,879 1,238 
Verve Therapeutics, Inc.(1)
10,456 6,587 
 
 
13,382 
Software — 0.0%
 
 
Gen Digital, Inc.(1)
1,147 2,157 
TOTAL RIGHTS
(Cost $17,820)
 
15,539 


SHORT-TERM INVESTMENTS — 4.3%
 
 
Money Market Funds — 4.3%
 
 
State Street Institutional U.S. Government Money Market Fund, Premier Class
816,819 816,819 
State Street Navigator Securities Lending Government Money Market Portfolio(3)
5,086,346 5,086,346 
TOTAL SHORT-TERM INVESTMENTS
(Cost $5,903,165)
 
5,903,165 
TOTAL INVESTMENT SECURITIES — 103.5%
(Cost $121,183,070)
 
142,140,844 
OTHER ASSETS AND LIABILITIES — (3.5)%
 
(4,790,422)
TOTAL NET ASSETS — 100.0%
 
$137,350,422 

FUTURES CONTRACTS PURCHASED
Reference Entity
Contracts
Expiration Date
Notional
Amount
Unrealized
Appreciation
(Depreciation)^
Russell 2000 E-Mini Index
3
June 2026$438,645 $50,685 
^Amount represents value and unrealized appreciation (depreciation).

NOTES TO SCHEDULE OF INVESTMENTS
(1)Non-income producing.
(2)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $8,586,931. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.
(3)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $8,830,095, which includes securities collateral of $3,743,749.


SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS 

1. Investment Valuations

The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Trustees oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price.

Open-end management investment companies are valued at the reported NAV per share.  Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange.

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause a fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment’s primary exchange but before the NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The valuation designee also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that it deems appropriate. The valuation designee may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

2. Fair Value Measurements

The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels. 

•Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

•Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars. 

•Level 3 valuation inputs consist of unobservable data (including a fund’s own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.

As of period end, the fund's investment securities and other financial instruments were classified as Level 1. The Schedule of Investments provides additional information on the fund's portfolio holdings.
This schedule of investments provides information about the fund’s portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund’s most recent annual or semiannual financial statements.