Minutes of State Teachers Retirement Board Meeting - STRS ...

MINUTES OF STATE TEACHERS

RETIREMENT BOARD MEETINGS

April 21, 2022

April 21, 2022

April 21, 2022

The State Teachers Retirement Board met at the STRS Ohio offices in Columbus, Ohio, on

Thursday, April 21, 2022, at approximately 8:30 a.m. Retirement Board Chair Robert McFee

called the meeting to order.

The following members were in attendance: Carol Correthers, Rudy Fichtenbaum, Scott Hunt,

representing the Interim Superintendent of Public Instruction, Arthur Lard, Dale Price, Jeffrey

Rhodes, Scott Roulston, Wade Steen, Rita Walters and Mr. McFee. Claudia Herrington joined the

meeting remotely.

APPROVAL OF MINUTES

Mr. McFee moved, seconded by Mr. Price to approve the minutes of the March 2022 Retirement

Board meeting.

Upon roll call the vote was as follows: Mr. McFee, yes; Mr. Price, yes; Ms. Correthers, yes; Dr.

Fichtenbaum, no; Dr. Hunt, yes; Mr. Lard, yes; Mr. Rhodes, yes; Mr. Roulston, yes; Mr. Steen,

abstain; Ms. Walters, yes. The motion carried.

INDEXING COMPARSION

Mr. McFee recognized Executive Director Bill Neville. Mr. Neville stated that in response to

questions about how STRS Ohio’s investments have performed compared to the performance of

various index funds, he asked staff to put together a comparison of STRS Ohio total fund

performance for fiscal years 1999-2021 versus the S&P 500 Index, the Russell 3000® Index and

various portfolios containing a blend of U.S. stocks and bonds. The comparisons used return data

and considered STRS Ohio’s monthly cashflows. At the end of the period, STRS Ohio’s total

funded ratio was approximately 88%, with assets of about $92 billion.

The comparison showed that if STRS Ohio’s portfolio was 100% invested in the S&P 500 Index

over the same period, the pension’s funded ratio would have been approximately 47% and assets

would have been about $49 billion. The funded ratio would have been 66% and assets would have

been about $69 billion if the system would have been invested in the Russell 3000® during the

same period.

Staff compared actual performance to several indexed U.S. stock/bond mixes and STRS Ohio’s

actual performance resulted in a better outcome than all of the stock/bond mixes reviewed. The

results emphasize the importance of maintaining a diversified portfolio and the historical value of

active management.

There was one request by the board:

II

• Provide the underlying data used to create the information presented.

REPORT FROM THE INVESTMENT DEPARTMENT

The chair recognized Matt Worley, deputy executive director – Investments, for a Report From

the Investment Department. There were no matters requiring board action:

Mr. Worley reviewed the following topics for the investment activity report:

• Progress update in drafting a policy to divest Russian investments.

• The preliminary March total fund return was +1.04%. The fiscal year 2022 total fund

return was estimated at +4.13%. Total investment assets at the end of March were

approximately $95.6 billion, higher by $800 million in fiscal 2022.

• Interest rate ranges from the Fiscal 2022 Investment Plan have been updated in response

to inflation running above the Federal Reserve’s target, robust economic growth, restrictive

monetary policy and higher futures rates in the credit markets. The ranges will be updated

again as part of the Fiscal 2023 Investment Plan scheduled for discussion in June.

Mr. Worley presented the initial review of staff’s recommended changes to the Statement of

Investment Objectives & Policy (SIOP) and Statement of Fund Governance. Most of the

recommended changes were related to the decisions made at the completion of the Asset-Liability

Study. The changes encompass five categories: 1) additional information; 2) key statistics; 3)

phase-in of new target weights; 4) rebalancing ranges around the new target weights; and 5) asset

class changes. All changes were marked within the document. The final review and request for

approval is expected at the May meeting. Letters of comment from Callan and Cliffwater and the

full document were included in the Report From the Investment Department (INV_04_2022).

Steve Eastwood, director – Domestic Equity, presented a Commission Comparison specifically

between STRS Ohio and Ohio Public Employees Retirement System (OPERS). Mr. Eastwood

explained why trading costs are best measured in basis points versus cents per share. Additionally,

he outlined that implementation styles drive cost and return differentials. STRS Ohio’s active

implementation style of domestic equity management compared favorably to a passive

implementation style over the past five years. Corey Geog, head trader, provided an overview of

the trading desk describing the team, coverage, a step-by-step look at trade execution, and a

summary of trade cost measurement and analysis.

Brady O’Connell, senior vice president – Callan, briefly reviewed points in the letter of comments

regarding the SIOP. Mr. O’Connell stated the proposed SIOP is staff’s plan for implementing

changes initiated by the Asset Liability Study in the upcoming fiscal year. In addition, the SIOP

identifies excess return and active risk targets at the total fund and asset class levels. He also spoke

on the strategic enhancement in moving the target allocation to non-core real estate from 20% to

30%.

Investment transactions and four alternative investment fundings: 1) Francisco Partners Agility

III, L.P.; 2) Francisco Partners VII, L.P.; 3) ICONIQ Strategic Partners VII, L.P.; and 4) Oak

HC/FT Partners V, L.P. in March 2022 (as appended on Pages 41 through 165) were reviewed

without questions or comments.

III

There was one request by the board.

• Provide members with a webinar on commission comparison and trading overview.

REPORT FROM MEMBER BENEFITS – HEALTH CARE

The chair recognized Gary Russell, deputy executive director – Member Benefits, for the Report

From the Member Benefits Department – Health Care.

Mr. Russell reviewed the agenda for proposed changes to the health care program for the 2023

plan year. He explained there were three motions for consideration by the board. The agenda

included:

• Proposed 2023 plan coverage changes;

• Proposed modification to Medicare Part B reimbursement;

• Proposed premium subsidy increases; and

• 2023 premium preview.

Mr. Russell presented three plan coverage changes. First, staff recommended improving the

primary care physician copay for the Basic plans and the Health Care Assistance Plan to a flat $20

copay for each visit in the year. Currently, enrollees pay a 20% coinsurance after the first two

visits. This change will lower enrollee out-of-pocket expenses by about $500,000. Second, staff

recommended decreasing the annual drug out-of-pocket maximum to $4,000 from $5,100 for all

STRS Ohio plans. Finally, staff recommended changing the preferred pharmacy network for

Medicare enrollees to Express Scripts’ Medicare Preferred Value & Broad Performance Medicare

Network. This change will decrease annual plan cost by at least $2 million.

Mr. McFee moved, seconded by Mr. Lard to make the following changes to the Retiree Health

Care Program, effective January 1, 2023:

1. Improve the Primary Care Physician copay for the Medical Mutual and Aetna Basic Plans

and the Health Care Assistance Non-Medicare Plan to $20 for each visit,

2. Decrease the drug maximum out-of-pocket limit to $4,000 from $5,100 for the Medicare and

non-Medicare plan, and

3. Change preferred pharmacy network for Medicare enrollees to Express Scripts’ Medicare

Preferred Value & Broad Performance Medicare Network.

Upon roll call the vote was as follows: Mr. McFee, yes; Mr. Lard, yes; Ms. Correthers, yes; Dr.

Fichtenbaum, yes; Dr. Hunt, yes; Mr. Price, yes; Mr. Rhodes, yes; Mr. Roulston, yes; Mr. Steen,

yes; Ms. Walters, yes. The motion carried.

Mr. Russell then reviewed the proposed modification to Medicare Part B reimbursements. He

explained that while Medicare retirees receive a $29.90 Medicare Part B premium reimbursement,

they typically do not recognize this reduces the net cost of participating in an STRS Ohio Medical

Plan. Staff recommended increasing the reimbursement to $30 per month and changing it to a

IV

premium credit. In addition, staff recommended providing this credit to survivors who do not

currently receive the Medicare Part B reimbursement.

Mr. McFee moved, seconded by Mr. Price to make the following changes to the Medicare Part B

premium reimbursement program beginning January 1, 2023:

1. Increase the monthly reimbursement to $30.00,

2. Provide reimbursements to all survivor benefit recipients receiving a benefit under 3307.66

R. C. and all survivor annuitants receiving a continuing benefit under 3307.60 R. C. who

are enrolled in a STRS Ohio Medicare Medical Plan, and

3. Provide Medicare Part B premium reimbursements in the form of a premium credit to be

reflected in monthly premiums for benefit recipients.

Upon roll call the vote was as follows: Mr. McFee, yes; Mr. Price, yes; Ms. Correthers, yes; Dr.

Fichtenbaum, yes; Ms. Herrington, yes; Dr. Hunt, yes; Mr. Lard, yes; Mr. Rhodes, yes; Mr.

Roulston, yes; Mr. Steen, yes; Ms. Walters, yes. The motion carried.

Given the improvement in the funded status of the program due to the new demographic

assumptions adopted by the board flowing from the experience study, staff recommended

increasing the premium subsidy to 2.2% per year up to a maximum of 66% subsidy for a retiree

with 30 or more years of service credit.

Mr. McFee moved, seconded by Mr. Lard to increase the health care premium subsidy for benefit

recipients to 2.2% per year of service up to a maximum of 66% effective January 1, 2023.

Upon roll call the vote was as follows: Mr. McFee, yes; Mr. Lard, yes; Ms. Correthers, yes; Dr.

Fichtenbaum, yes; Ms. Herrington, yes; Dr. Hunt, yes; Mr. Price, yes; Mr. Rhodes, yes; Mr.


Mr. Russell then reviewed the preliminary premiums for 2023. He noted that staff projects

premiums will be lower for 94% of enrollees and that 95.6% of benefit recipients will have a

premium decrease in 2023.

Mr. Russell explained the final premiums will be presented to the board in June for approval.

There were no requests from the board.

EXECUTIVE DIRECTOR’S REPORT

Mr. McFee recognized Executive Director Neville for the Executive Director’s Report. Mr.

Neville highlighted items from his April Executive Director’s Report containing the topics listed

below and offered to answer any questions. The full report is appended on Pages 1 and 2.

• Staff Acts to Notify Members of March Board Decisions

• Staff Begins RFP Process for Retiree Medical and Prescription Vendors for January 2024

Effective Date

V

• Final Election Materials Mailed to Members

• Third Quarter Satisfaction Remains High for Member Services

• Employer Notice Developed to Promote Member Online Personal Accounts

• STRS Ohio Earns Auditor of State’s Top Rating for Transparency for Second Year

RECOGNITION OF PERSONS WISHING TO ADDRESS THE BOARD

Mr. McFee recognized the following to address the board:

Dan MacDonald representing Local 279-R. Mr. MacDonald expressed concern about potential

merit increases, the PBI policy and rehab services for members.

Patricia Carmean representing herself. Ms. Carmean read the STRS Ohio Guiding Principles for

the Retirement Board and asked that she and her fellow teachers not be disrespected.

Robin Rayfield representing ORTA. Mr. Rayfield expressed appreciation for the board’s actions

at the March meeting, asked that measuring investment performance be simplified and stated his

membership does not have a lot of trust in the board.

Suzanne Laird representing herself. Ms. Laird discussed the comments from the Governor

regarding the special audit and encouraged the board to make changes now.

Julie Sellers representing herself. Ms. Sellers expressed concern about the treatment of members

who attend board meetings and the timing of the meetings.

Dean Dennis representing himself. Mr. Dennis expressed concern about investment costs and

requested the system and outside groups work together to approach the legislature regarding an

increase in the employer contribution rate.

EXECUTIVE SESSION

Mr. McFee moved, seconded by Ms. Correthers to enter executive session under authority of

Division (G)(1) of Section 121.22 of the Ohio Revised Code for the purpose of discussing

appointment, employment or compensation of a public employee or official, Division (G)(3) of

Section 121.22 of the Ohio Revised Code for the purpose of conferring with the board’s attorney

regarding pending or imminent court action and Division (G)(5) of Section 121.22 of the Ohio

Revised Code for the purpose of discussing matters required to be kept confidential by federal law

or state statutes.

Upon roll call the vote was as follows: Mr. McFee, yes; Ms. Correthers, yes; Dr. Fichtenbaum,

yes; Dr. Hunt, yes; Mr. Lard, yes; Mr. Price, yes; Mr. Rhodes, yes; Mr. Roulston, yes; Mr. Steen,

yes; Ms. Walters, yes. The motion carried.

The board entered executive session at 1:12 p.m.; the session adjourned at 1:49 p.m.

VI

Public session resumed at 2 p.m.

REPORT FROM THE FINANCE DEPARTMENT

Mr. McFee recognized Lynn Hoover, deputy executive director – Finance, for the Report From

the Finance Department.

Ms. Hoover began the presentation of the proposed fiscal 2023 operating and capital budgets and

stated that the comprehensive budget report with line-item details, budget notes and Ohio

Retirement Study Council (ORSC) reporting was included in the board materials (FN_04_2022).

She then introduced Kathy Boettcher, controller, to present the consolidated budgets.

Ms. Boettcher started the presentation with a review of the executive summary. STRS Ohio

continues to use sound budgeting and financial management processes to accomplish its mission

and strategic goals. Key aspects of the fiscal 2023 proposed budgets include expenditures required

to operate essential and business functions and those needed for process improvements, technology

and workforce transformation.

Ms. Boettcher reviewed the budget process and timeline. The proposed budgets will be sent to the

ORSC on April 22 and the Retirement Board will be asked to formally approve and adopt the fiscal

2023 budgets at its June meeting.

Ms. Boettcher provided a summary of the proposed operating budget, which totals $112.5 million,

an increase of 4.9% from the current year budget. This includes an increase in compensation costs

due to fiscal 2023 having 27-pay periods, which occurs approximately every 10-11 years, 3%

increase for merit-based wage adjustments, including promotions. There are 521 full-time

equivalent (FTE) associates included in the proposed budget, a net reduction of nine positions from

530 FTEs in fiscal 2022. Proposed increases include custodian banking fees, due to higher

investment values and new regulatory requirements, increased costs in insurance and supplies and

data processing equipment for increased multi-factor authentication usage by members and

expanded Microsoft tools and services. The proposed budget reflects a decrease in ORSC

expenses due to fiduciary and actuarial audit costs budgeted in fiscal 2022.

The proposed capital budget is $7.9 million in fiscal 2023 compared to $9.1 million in fiscal 2022

and reflects a decrease of $1.2 million or 13.7%. The significant capital items include information

processing and computer software costs to replace the human resource and finance system with

cloud technology, a comprehensive cloud-based investment portfolio management system and

pension administration system and ITS security improvements. The primary support for building

improvements and maintenance in the fiscal 2023 capital budget include rebuilding the chiller

pumps, replacing uninterrupted power supply system, fire pump and alarm panels and completion

of the North Building caulking.

There were no requests from the board.

VII

REPORT AND APPROVAL OF EXPENSES DURING MARCH 2022

Mr. McFee moved, seconded by Ms. Walters that the report appended on Pages 3 through 8 be

accepted and the expenditures for the month ended March 31, 2022, in the total amount of

$8,282,641 be approved.

Upon roll call the vote was as follows: Mr. McFee, yes; Ms. Walters, yes; Ms. Correthers, yes;

Dr. Fichtenbaum, yes; Ms. Herrington, yes; Dr. Hunt, yes; Mr. Lard, yes; Mr. Price, yes; Mr.

Rhodes, yes; Mr. Roulston, yes; Mr. Steen, yes. The motion carried.

CONSENT MOTION

Mr. McFee moved, seconded by Ms. Correthers that the Retirement Board approve the Member

Benefits-related motions appended on Pages 9 – 39.

Upon roll call the vote was as follows: Mr. McFee, yes; Ms. Correthers, yes; Dr. Fichtenbaum,

yes; Ms. Herrington, yes; Dr. Hunt, yes; Mr. Lard, yes; Mr. Price, yes; Mr. Rhodes, yes; Mr.


AUTHORIZATION TO AMEND RULES IN THE ADMINISTRATIVE CODE

Mr. McFee moved, seconded by Ms. Walters to accept staff’s recommendations to amend Ohio

Administrative Code Rule 3307:1-4-01; to authorize and direct the Executive Director to take all

actions necessary on its behalf to amend and adopt the change on a permanent basis; and to carry

out actions necessary for review with the Joint Committee on Agency Rule Review (JCARR) in

accordance with Chapter 111.15 of the Ohio Revised Code.

Upon roll call the vote was as follows: Mr. McFee, yes; Ms. Walters, yes; Ms. Correthers, yes;

Dr. Fichtenbaum, yes; Ms. Herrington, yes; Dr. Hunt, yes; Mr. Lard, yes; Mr. Price, yes; Mr.

Rhodes, yes; Mr. Roulston, yes; Mr. Steen, yes. The motion carried.

BOARD EDUCATION REQUEST – MR. PRICE

Mr. McFee moved, seconded by Mr. Roulston to approve the expenses in connection with the

educational opportunity described on appended Page 40.

Upon roll call the vote was as follows: Mr. McFee, yes; Mr. Roulston, yes; Ms. Correthers, yes;

Dr. Fichtenbaum, yes; Ms. Herrington, yes; Dr. Hunt, yes; Mr. Lard, yes; Mr. Price, abstain; Mr.

Rhodes, yes; Mr. Steen, yes; Ms. Walters, yes. The motion carried.

VIII

OLD BUSINESS/NEW BUSINESS

Mr. Price moved, seconded by Mr. Rhodes to have staff initiate conversations with constituent

groups to see if there is support for an increase in the employer contribution.

Upon roll call the vote was as follows: Mr. Price, yes; Mr. Rhodes, yes; Ms. Correthers, yes; Dr.

Fichtenbaum, yes; Ms. Herrington, yes; Dr. Hunt, yes; Mr. Lard, yes; Mr. Roulston, yes; Mr. Steen,

yes; Ms. Walters, yes; Mr. McFee, yes. The motion carried.

Dr. Fichtenbaum suggested that during Public Participation there be a less intrusive way to notify

the speakers that they have one minute remaining. Staff will research other options.

Mr. Steen asked the chair to consider naming a committee or group to look at a way to make the

meetings more accessible to active teachers. There was a brief discussion about the option for

active teachers to listen to the recording of the meeting later. The chair said that he believes at this

time he is not inclined to make any changes to the meetings since there is an option to listen to a

recording of the meeting.

ADJOURNMENT

Mr. McFee announced the next Retirement Board and committee meetings would be held over

May 18, 19 and 20, 2022. With no further business to come before the board, the meeting

adjourned at 3:05 p.m.

A P P E N D I C E S

Executive Director’s Report April 21, 2022

Staff Acts to Notify Members of March Board Decisions

Within two weeks of the March board meeting, all active and retired STRS Ohio members who will receive a cost-of-

living increase in fiscal 2023 or will be impacted by the elimination of the age 60 requirement for service retirement were

notified of these changes. Approximately 100,000 benefit recipients received an email and 40,000 received a letter telling

them when their next COLA would be paid. Approximately 60,000 active members received an email and 3,000 received a

letter explaining the new service retirement eligibility requirements and that they are likely impacted by this change. STRS

Ohio’s online calculators were updated to reflect the benefit improvements and usage increased immediately following the

notification. Counseling appointments are also being requested at a higher rate than normal. (Supports Strategic Goal #4,

Objective #3)

Staff Begins RFP Process for Retiree Medical and Prescription Vendors for January 2024 Effective Date

Staff began work with Buck Consulting Services to develop requests for proposal (RFPs) for selecting medical and

prescription vendors for a January 2024 effective date. Staff expects the RFPs to be released to potential vendors in late

May or early June with a target of completing the selection process no later than calendar year-end 2022. (Supports

Strategic Goal #4, Objective #3)

Final Election Materials Mailed to Members

Approximately 1,720 members who chose the STRS Ohio Defined Contribution or Combined Plan in fiscal year 2017

received information this month regarding the opportunity to reselect their pension plan. Members who do not make an

election by June 1 will default to their current plan. Through the first week of April, 32 members have made their final

election with 25% electing to remain in their current plan, 40% to the Defined Benefit Plan and 35% from Defined

Contribution to Combined or from Combined to Defined Contribution. This represents only 2% of members eligible to

make a change in plans. Historically, the majority of members remain in the same plan. (Supports Strategic Goal #2,

Objective #3)

Third Quarter Satisfaction Remains High for Member Services

Members who call STRS Ohio’s Member Services Center are invited to remain on the phone following the call to

complete a five-question satisfaction survey. In the third quarter this year, approximately 3,400 callers accepted the

invitation and completed the survey. More than 94% responded that they were satisfied or better with the service received,

while about 85% stated they were extremely pleased with the overall experience. In addition, 94% said it was easy or very

easy to get the help they needed.

More than 350 members who attended a Member Education program completed surveys, with 98% being satisfied or

better and 61% providing a perfect 10 rating for overall satisfaction. In addition, 98% indicated they would recommend the

program they attended to others.

Finally, about 750 members completed a satisfaction survey following their counseling session in the last quarter, with

99% giving a satisfied score and 89% scoring the session as a perfect 10 when rating their overall satisfaction. (Supports

Strategic Goal #4, Objective #3)

Employer Notice Developed to Promote Member Online Personal Accounts

Employer Reporting and Communication Services worked to develop a short one-page document for employers to share

with their new hires, promoting the STRS Ohio Online Personal Account. Having members set up an Online Personal

Account helps both the member and STRS Ohio by allowing for secure 24-hour access to account information and the

ability to initiate appointments and transactions. This new resource showcases the benefits of having an Online Personal

Account and gives step-by-step instructions on accessing and setting up the account. The document is available as a PDF

file to allow employers to print or send out electronically. (Supports Strategic Goal #4, Objective #3)

(continued)

STRS Ohio Earns Auditor of State’s Top Rating for Transparency for Second Year

Last month, Ohio Auditor Keith Faber posted the results of the annual Sunshine Law compliance review. The auditor’s

office launched its STaRS (Star Rating System) program to promote government transparency. In both fiscal year 2020

and 2021, STRS Ohio received the Highest Achievement in Open and Transparent Government Award, the highest

possible rating from the auditor’s office. In fiscal 2021, STRS Ohio was recognized for implementing “Best Practices”

in all seven areas.

Separately, the National Conference of Public Employee Retirement Systems (NCPERS) also recognized STRS Ohio with

the Certificate of Transparency for participating in the 2021 NCPERS Public Retirement Systems Study. The certificate

acknowledges the system’s contribution to furthering open disclosure, increasing the range of data available to learn from

and contributing to the public’s understanding of public retirement systems. (Supports Strategic Goal #4, Objective #1)

The Executive Director’s Report highlights items of interest for the board each month. In addition, the Strategic Goals document

has also been updated and is included in the board’s meeting materials.

This material is intended for use by the board of the State Teachers Retirement System of Ohio (STRS Ohio) and not by any other party. STRS Ohio makes no representations, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided in this material. Nothing included herein is either a legal reference or a complete statement of the laws or administrative rules of STRS Ohio. In any conflict between the information provided herein and any applicable laws or administrative rules, the laws and administrative rules shall prevail. This material is not intended to provide tax, legal or investment advice.

STRS Ohio disclaims any liability for any claims or damages that may result from reliance on this material or the information it contains, including any information obtained from third parties.

STATE TEACHERS RETIREMENT SYSTEMActual Expenses vs. Budget

For the Month and Fiscal Year-to-Date Ended March 31, 2022

Expected Prior Year-to- Budget- Annual Year-to-

March February Date to-Date Budget Date

Compensation $ 4,126,017 $ 4,352,737 $ 50,394,193 $ 51,220,695 $ 63,565,400 $ 50,610,227

Fringe Benefits 1,332,921 1,349,948 13,572,567 13,959,912 18,152,300 12,884,388

Professional and Technical Services 674,147 900,333 8,046,099 8,609,301 12,265,100 7,527,460

Repairs and Maintenance 613,717 120,557 4,497,104 4,615,724 6,516,600 5,008,156

Travel and Vehicles 21,899 4,485 79,396 410,401 549,100 10,903

Communications 360,187 56,853 1,196,067 1,330,373 1,810,100 1,398,784

Utilities 78,312 108,784 658,548 758,852 1,015,000 619,069

Supplies and Materials 80,785 44,172 630,624 626,868 845,900 506,089

Other Expenses 8,386 66,162 1,033,207 1,173,826 1,294,600 877,719

Total Operating Expenses $ 7,296,371 $ 7,004,031 $ 80,107,805 $ 82,705,952 $ 106,014,100 $ 79,442,795

Capital Budget $ 839,236 $ 577,192 $ 2,339,295 $ 2,339,295 $ 9,096,900 $ 1,194,451

State of Ohio Expenses $ 147,034 $ 162,152 $ 890,264 $ 890,264 $ 1,263,000 $ 208,908

Capital Budget Carryover $ 0 $ 139,668 $ 1,109,055 $ 1,109,055 $ 1,109,055 $ 2,750,198

Staffing Information: March February January Budgeted FTE Associates 530 530 530 Full Time Equivalent Associates 489 490 492 Open FTE Positions 13 13 13

Mr. McFee moved, seconded by Ms. Walters, that the report be accepted and the expenditures for the month ending March 31, 2022 in the total amount of $8,282,641 be approved.

Upon roll call the vote was as follows: Mr. McFee, yes; Ms. Walters, yes; Ms. Correthers, yes; Dr. Fichtenbaum, yes; Ms. Herrington, yes; Dr. Hunt, yes; Mr. Lard,yes; Mr. Price, yes; Mr. Rhodes, yes; Mr. Roulston, yes; Mr. Steen, yes. Motion carried.



COMPENSATION Salary and Wages $ 3,955,809 $ 3,961,172 $ 40,198,062 $ 40,976,692 $ 53,269,700 $ 40,253,601 Other Compensation 1,558 1,936 15,261 16,508 22,700 14,573 Incentive Compensation 0 0 6,689,501 7,500,000 7,500,000 7,259,183 Unused Vacation and Sick Leave 157,580 380,545 3,372,103 2,615,700 2,615,700 2,989,394 Overtime 5,795 2,484 63,241 55,769 75,600 43,671 Service Awards 5,275 6,600 56,025 56,025 81,700 49,805 Total Compensation $ 4,126,017 $ 4,352,737 $ 50,394,193 $ 51,220,695 $ 63,565,400 $ 50,610,227

FRINGE BENEFITS OPERS Employer Cost $ 556,880 $ 558,052 $ 6,386,874 $ 6,711,448 $ 8,529,800 $ 6,431,550 Medical/Hospitalization Insurance 628,388 643,887 5,624,886 5,625,000 7,500,000 5,179,191 Medicare 58,614 61,914 717,778 718,615 934,200 719,184 Dental Insurance 44,152 44,691 409,596 438,140 581,000 425,435 Educational Assistance 3,279 (646) 33,280 79,669 100,000 66,916 Workers' Compensation 10,645 10,971 121,402 103,846 135,000 (228,270) Life Insurance 22,597 22,655 202,433 201,103 265,000 205,479 Disability Insurance 8,366 8,424 76,286 74,405 99,300 76,105 Wellness 0 0 32 0 0 249 Unemployment Compensation 0 0 0 7,686 8,000 8,549 Total Fringe Benefits $ 1,332,921 $ 1,349,948 $ 13,572,567 $ 13,959,912 $ 18,152,300 $ 12,884,388

PROFESSIONAL AND TECHNICAL SERVICES Actuary $ 117,069 $ 52,715 $ 262,269 $ 187,139 $ 347,000 $ 145,320 Audit 12,650 34,651 151,154 123,525 164,700 131,258 Banking Expense 18,098 18,782 167,789 161,250 215,000 161,083 Board Election Processing 89,392 0 89,392 70,000 70,000 87,470 Contract Services 27,475 17,405 295,402 311,228 461,500 328,145 Custodial Banking Fees 54,715 56,385 1,312,751 1,246,950 2,200,000 1,115,712 Data Management and Analytics 0 0 29,500 46,091 133,000 59,000 Disaster Recovery 9,555 10,084 83,114 228,075 304,100 41,137 Employment Verification 372 1,229 7,663 2,600 2,600 4,472 Health Care Consultant 0 2,118 45,200 187,500 261,000 6,000 Insurance Consultant 0 0 46,500 45,994 92,500 45,000 Investigative Services 1,607 1,531 10,651 12,161 24,600 10,855 Investment Consultant 20,833 20,834 412,470 489,551 820,000 516,510 Investment Research Services 93,233 66,106 2,552,645 2,634,407 3,150,000 2,559,990 Legal Fees 79,091 0 140,269 223,178 285,000 79,612 Medical Examinations 21,315 38,024 203,864 234,830 315,000 229,935 Other Consulting Services 67,482 27,769 324,112 299,796 602,800 283,108 Quotation and Analytic Services 58,625 547,215 1,866,979 2,024,475 2,699,300 1,690,655 Real Estate Contract Services 0 0 21,000 42,750 57,000 21,000 Recruitment Fees 2,635 5,485 23,375 22,801 40,000 9,448 Temporary Employment Services 0 0 0 15,000 20,000 1,750 Total Professional/Technical Services $ 674,147 $ 900,333 $ 8,046,099 $ 8,609,301 $ 12,265,100 $ 7,527,460

STATE TEACHERS RETIREMENT SYSTEMActual Expenses vs. Budget

For the Month and Fiscal Year-to-Date Ended March 31, 2022

March Expenses vs. BudgetPage 2



REPAIRS AND MAINTENANCE Building Maintenance and Equipment $ 90,737 $ 56,890 $ 627,697 $ 416,044 $ 760,000 $ 465,598 Copiers 4,294 6,106 47,764 72,283 97,000 44,661 Data Processing Equipment 489,542 46,783 3,472,198 3,773,700 5,031,600 4,165,113 Elevators 4,664 0 4,664 11,524 110,000 7,787 Mail Center Equipment 2,259 0 13,519 18,797 29,500 18,856 Property Tax and Leases 9,056 9,056 162,809 162,152 270,000 162,252 Safety and Security Equipment 6,866 956 145,120 141,896 188,500 126,000 Trash Removal 6,299 766 23,333 19,328 30,000 17,889 Total Repairs and Maintenance $ 613,717 $ 120,557 $ 4,497,104 $ 4,615,724 $ 6,516,600 $ 5,008,156

TRAVEL AND VEHICLES Gasoline $ 206 $ 44 $ 1,742 $ 4,276 $ 7,600 $ 570 Staff and Board Travel 21,520 4,269 74,405 398,625 531,500 9,006 Vehicle Maintenance 173 172 3,249 7,500 10,000 1,327 Total Travel and Vehicles $ 21,899 $ 4,485 $ 79,396 $ 410,401 $ 549,100 $ 10,903

COMMUNICATIONS Courier Services $ 2,716 $ 3,154 $ 20,074 $ 18,805 $ 25,000 $ 12,882 Outsourced Distribution 204 212 15,319 75,000 100,000 68,946 Photography / Media 0 0 0 3,750 5,000 18 Postage 313,331 8,946 724,641 724,939 965,100 848,936 Printing 7,128 9,469 140,877 247,796 325,000 206,583 Telecommunications 36,808 35,072 295,156 260,084 390,000 261,419 Total Communications $ 360,187 $ 56,853 $ 1,196,067 $ 1,330,373 $ 1,810,100 $ 1,398,784

UTILITIES Electricity $ 55,619 $ 58,809 $ 494,361 $ 600,000 $ 800,000 $ 480,750 Natural Gas 5,286 47,155 116,352 86,843 120,000 94,235 Oil 14,407 0 14,407 15,000 15,000 0 Water 3,000 2,820 33,428 57,009 80,000 44,084 Total Utilities $ 78,312 $ 108,784 $ 658,548 $ 758,852 $ 1,015,000 $ 619,069

SUPPLIES AND MATERIALS Equipment Supplies $ 61,012 $ 17,967 $ 477,375 $ 399,600 $ 532,800 $ 332,365 Food Service Supplies 11,610 7,835 46,167 40,125 53,500 26,359 Office Supplies 2,206 4,808 23,119 37,479 51,500 18,954 Personal Computer Software 0 0 7,013 34,778 55,500 29,857 Publications/Subscriptions 1,860 9,103 46,494 86,292 113,600 73,515 Uniforms 4,097 4,459 30,456 28,595 39,000 25,039 Total Supplies and Materials $ 80,785 $ 44,172 $ 630,624 $ 626,868 $ 845,900 $ 506,089

March Expenses vs. BudgetPage 3



OTHER EXPENSES Board Employer Reimbursement $ 0 $ 0 $ 0 $ 0 $ 3,000 $ 0 Conferences and Seminars 2,410 5,171 24,281 77,304 97,000 17,764 Dues and Licenses 2,553 7,958 103,236 136,303 168,400 126,566 Insurance 0 0 778,436 775,000 775,000 667,310 Member/Employer Education Programs 72 917 1,037 54,825 73,100 (120) Miscellaneous Expense 1,144 935 11,924 14,966 24,200 11,675 Other Board Expense 267 423 1,804 2,628 3,500 1,214 Other Staff Expense 1,144 390 10,316 17,100 22,800 (363) Training 796 50,368 102,173 95,700 127,600 53,673 Total Other Expenses $ 8,386 $ 66,162 $ 1,033,207 $ 1,173,826 $ 1,294,600 $ 877,719

Total Operating Expenses $ 7,296,371 $ 7,004,031 $ 80,107,805 $ 82,705,952 $ 106,014,100 $ 79,442,795



Building Improvements $ 425,480 $ 29,578 $ 893,779 $ 893,779 $ 2,585,000 $ 64,098 Furniture & Fixtures 0 0 0 0 0 0 Audio Visual 0 0 0 0 0 0 Information Processing 358,636 414,234 1,063,087 1,063,087 4,898,000 405,495 Maintenance 55,120 0 62,261 62,261 517,000 472,626 Miscellaneous 0 0 0 0 0 0 Office 0 0 21,101 21,101 67,400 0 Telecommunications 0 0 0 0 0 0 Vehicles 0 0 0 0 29,500 16,558 Computer Software 0 133,380 299,067 299,067 1,000,000 235,674

Total Capital Budget $ 839,236 $ 577,192 $ 2,339,295 $ 2,339,295 $ 9,096,900 $ 1,194,451

Total State of Ohio Expenses $ 147,034 $ 162,152 $ 890,264 $ 890,264 $ 1,263,000 $ 208,908

Capital Budget Carryover - Fiscal 2021 $ 0 $ 139,668 $ 1,109,055 $ 1,109,055 $ 1,109,055 $ 0

Capital Budget Carryover - Fiscal 2020 & 2019 $ 0 $ 0 $ 0 $ 0 $ 0 $ 2,750,198

March 2022 Expense Notes General Comments Actual fiscal year-to-date operating expenses total $80.1 million, which is approximately $2.6 million under the expected budget. Compensation and Fringe Benefits Unused Vacation and Sick Leave includes payment to two retiring associates. Professional and Technical Services Actuary includes pension and health care valuation services, plan lever analysis and quinquennial experience study costs. Audit includes the annual GASB 68 and 75 audits. Board Election Processing includes external support to manage and conduct the Retirement Board election for two contributing members and one retiree seat. Contract Services include IT security and monitoring services. Monthly alternative investment consultant fees are included in Investment Consultant. Legal Fees include fees paid to outside counsel. Medical Examinations include payment for the medical review board chair services. CEM fees for the pension administration benchmarking are included in Other Consulting Services. Repairs and Maintenance Data Processing Equipment includes quarterly STaRS maintenance and annual enterprise print and job scheduling software. The annual elevator certificate renewals are included in Elevators Travel and Vehicles Staff and Board Travel includes investment due diligence trips. Communications Postage includes costs associated with the Retirement Board election, communication to membership of recent pension benefit improvements and replenishing the postage meters. Utilities Oil includes refilled diesel fuel for the generators. Supplies and Materials Equipment Supplies includes laptops and docking stations. Capital Budget Capital items for March include payment for the replacement investment portfolio management system, storage area network upgrade, north building caulking, boiler rebuild and the final fire restoration costs. State of Ohio Expenses Fiduciary audit, actuarial audit and Ohio Auditor of State special audit costs were paid in March.

***UNAUDITED***

State Teachers Retirement System of OhioStatement of Changes in Net Position

For the Period July 1, 2021 through March 31, 2022

Additions:

Contributions: Member 1,238,018,062 99,699,854 $1,337,717,915 Employer 1,327,342,281 38,772,165 $1,366,114,446 Transfers from Defined Contribution Plan 7,210,196 (7,210,196) Government reimbursements 78,370,174 78,370,174 Benefit recipient healthcare premiums 165,148,602 165,148,602 Other retirement systems 37,609,601 37,609,601 Total contributions 2,610,180,140 131,261,823 243,518,776 2,984,960,739

Net investment income (loss) 2,462,016,084 7,983,916 130,000,000 2,600,000,000

Total additions $5,072,196,224 $139,245,739 $373,518,776 $5,584,960,739

Deductions: Service retirement 5,099,476,282 5,099,476,282 Disability retirement 137,022,266 137,022,266 Survivor benefits 92,877,657 92,877,657 Health care 318,639,071 318,639,071 Other 32,286,729 32,286,729 Total benefit payments 5,361,662,934 318,639,071 5,680,302,004 Refunds to members who have withdrawn 191,258,185 66,960,726 258,218,911 Administrative expenses 79,187,602 1,810,467 80,998,069 Total deductions $5,632,108,721 $66,960,726 $320,449,537 $6,019,518,984

Net increase (decrease) ($559,912,497) $72,285,014 $53,069,239 ($434,558,245)

Net position held in trust for pension and postemployment healthcare benefits Beginning of year 89,379,037,867 2,426,469,723 4,929,739,778 96,735,247,368

End of period $88,819,125,370 $2,498,754,737 $4,982,809,017 $96,300,689,123

TotalsDefined BenefitPlans

Defined Contribution

PostemploymentHealthcare

***UNAUDITED***

PROPOSED MOTION

Retirement Board Consent Motion

April 21, 2022

Mr. McFee moved, seconded Ms. Correthers, that the Retirement Board approve the

following member benefits-related motions.

1. Survivor Benefits

2. Recommended Disability Benefits

3. Denial or Termination of Disability Benefits

4. Disability Transfer to OPERS/SERS

5. Rescind Prior Action

6. Action on Appeal Hearing

7. Service Retirements and Reemployment Benefits

04/21/2022

THE STATE TEACHERS RETIREMENT SYSTEM OF OHIO

275 East Broad Street Columbus, OH 43215-3771

(The following reports are not public information.

Reference Section 3307.20, Ohio Revised Code.)

• REPORT TO THE RETIREMENT BOARD ON REQUEST FOR

CONTRIBUTIONS DURING LEAVE OF ABSENCE.

• REPORT TO THE RETIREMENT BOARD ON SURVIVOR BENEFITS

• REPORT TO THE RETIREMENT BOARD ON RECOMMENDED DISABILITY

BENEFITS

• REPORT TO THE RETIREMENT BOARD ON DENIAL OR TERMINATION

OF DISABILITY BENEFITS

• REPORT TO THE RETIREMENT BOARD ON DISABILITY TRANSFERS TO

OPERS/SERS

• REPORT TO THE RETIREMENT BOARD ON ACTION ON APPEAL

HEARINGS

• REPORT TO THE RETIREMENT BOARD ON SERVICE RETIREMENTS AND

REEMPLOYMENT BENEFITS

• REPORT TO THE RETIREMENT BOARD ON RESCIND ACTION OF

DENIALS

• REPORT TO THE RTIREMENT BOARD ON FINAL AVERAGE SALARY

THE STATE TEACHERS RETIREMENT SYSTEM OF OHIO

ADVANCE APPROVAL OF BOARD EDUCATIONAL EXPENSES

April 21, 2022

Mr. McFee moved, seconded by Mr. Roulston that the board approve the following expense in

connection with the educational opportunity described below:

Member

Meeting & Location

Not to

Exceed

D. Price AFT Pension Trustee Committee $800

Mr. Price’s

Request

I would like to attend the AFT Pension Trustee Committee meeting on Wednesday,

July 13, 2022. This meeting is held the day before the AFT Convention in Boston,

Massachusetts.

I am an elected delegate to the AFT Convention which will be held in Boston,

Thursday, July 14 thru Saturday, July 16. My local is covering expenses for this.

Thus, I will only be on STRS business for the Wednesday meeting and am only

requesting expenses for that extra day.

Upon roll call the vote was as follows: Mr. McFee, yes; Mr. Roulston, yes; Ms. Correthers, yes;

Dr. Fichtenbaum, yes; Ms. Herrington, yes; Dr. Hunt, yes; Mr. Lard, yes; Mr. Price, abstain; Mr.

Rhodes, yes; Mr. Steen, yes; Ms. Walters, yes. Motion carried.

CostPar ValueYieldLiquidity Reserve

STATE TEACHERS RETIREMENT SYSTEM OF OHIO

1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

PurchaseBoard Report

(IRCABR0003)

CANADIAN NATL RAILWAY 0.250% 23,500,000 23,495,267.36

CASH MGMT BILL 0.175% 15,000,000 14,999,639.58

CASH MGMT BILL 0.482% 50,000,000 49,937,326.39

CASH MGMT BILL 0.485% 30,000,000 29,956,247.50

CASH MGMT BILL 0.483% 25,000,000 24,961,695.83

CASH MGMT BILL 0.508% 20,000,000 19,967,777.78

CASH MGMT BILL 0.514% 35,000,000 34,942,453.88

CASH MGMT BILL 0.515% 25,000,000 24,958,060.76

CASH MGMT BILL 0.585% 30,000,000 29,949,600.00

CASH MGMT BILL 0.593% 40,000,000 39,923,496.67

CASH MGMT BILL 0.662% 50,000,000 49,898,655.56

CASH MGMT BILL 0.632% 50,000,000 49,898,925.00

CASH MGMT BILL 0.698% 25,000,000 24,943,268.40

FED HOME LN DISCOUNT NT 0.015% 20,000,000 19,999,975.00






FEDERATED TREASURY OBLIG FUND 0.010% 30,000,000 30,000,000.00



FHLB DISC CORP 0.150% 10,400,000 10,399,263.33

FHLB DISC CORP 0.180% 16,500,000 16,498,515.00

FHLB DISC CORP 0.120% 1,480,000 1,479,891.47

FHLB DISC CORP 0.130% 10,000,000 9,998,988.89

TREASURY BILL 0.165% 25,000,000 24,999,887.15

TREASURY BILL 0.485% 20,000,000 19,975,594.44

TREASURY BILL 0.573% 50,000,000 49,927,150.00

TREASURY BILL 0.528% 50,000,000 49,932,111.11

TREASURY BILL 0.494% 30,000,000 29,959,822.50

TREASURY BILL 0.564% 25,000,000 24,961,072.92

TREASURY BILL 0.043% 20,000,000 19,999,976.39

TREASURY BILL 0.041% 10,000,000 9,999,955.56

TREASURY BILL 0.830% 10,000,000 9,963,280.00

TREASURY BILL 0.651% 8,000,000 17,937,537.78

934,880,000TOTAL: 933,852,778.46

CostPar ValueYieldFixed Income


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

US TREASURY N/B 10,000,000 2.277% 12,631,445.31

4.500% Aaa 02/15/2036US TREASURY N/B 1,452,000 2.397% 1,858,389.84

4.500% AAA 05/15/2038US TREASURY N/B 10,000,000 2.457% 11,434,375.00













0.875% Aaa 11/15/2030US TREASURY N/B 315,000 2.469% 284,453.55





0.375% Aaa 04/15/2024US TREASURY N/B 1,018,000 2.520% 948,529.46







1.875% Aaa 02/28/2027

CostPar ValueYieldFixed Income


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

US TREASURY N/B 2.469% 20,400,000 19,984,031.25

1.750% Aaa 03/15/2025

493,264,000TOTAL: 476,105,873.88

CostPar ValueYieldLiquid Treasury Portfolio


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

US TREASURY N/B 270,000 0.532% 271,508.20


2.625% AAA 03/31/2025US TREASURY N/B 288,000 2.465% 294,671.25













2.500% AAA 08/15/2023US TREASURY N/B 694,000 1.865% 697,307.34












0.625% Aaa 05/15/2030



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

US TREASURY N/B 24,000,000 2.461% 21,695,039.07



























1.875% Aaa 02/15/2032



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

US TREASURY N/B 2.097% 2,500,000 2,473,730.47

1.875% Aaa 02/28/2027

663,488,000TOTAL: 628,947,121.15

Cost Fixed Income - Externally Managed


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

BNYMELLON - FIXED INCOME 1,631,632.85

FIDELITY - FIXED INCOME 13,468,038.40

JPMORGAN - FIXED INCOME 3,137,060.30

MFS - EMERGING DEBT FIXED INCOME 20,499,484.36

PAYDEN & RYGEL - FIXED INCOME 7,223,947.67

PGIM - FIXED INCOME 5,110,023.62

PIMCO - FIXED INCOME 6,710,352.81

TOTAL: 57,780,540.01

CostShares Domestic Common Stocks/ Internally Managed


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

2U INC 13,100 149,146.12

A10 NETWORKS INC 3,000 39,297.90

ABBOTT LABORATORIES 6,720 807,794.74

ABBVIE INC. 5,417 851,767.86

ACACIA RESEARCH-TECHNOLOGIES 17,900 68,315.35

ACADIA HEALTHCARE CO INC 28,600 1,757,912.38

ACCENTURE PLC 25,444 8,131,601.06

ACCO BRANDS CORP 21,400 180,205.12

ACI WORLDWIDE INC 1,700 55,069.46

ACTIVISION BLIZZARD INC 540 42,552.00

ACUMEN PHARMACEUTICALS INC 8,000 46,410.40

ACUSHNET HOLDINGS CORP 2,300 99,035.01

ADAGIO THERAPEUTICS INC 9,100 45,338.02

ADVANCE AUTO PARTS INC 185 37,893.55

ADVANCED ENERGY INDUSTRIES 500 42,345.20

ADVANCED MICRO DEVICES INC. 1,141 129,503.50

ADVENT TECHNOLOGIES HOLDINGS 3,600 10,913.04

AECOM 615 47,078.25

AFC GAMMA INC 600 11,717.04

AFLAC INC 2,528 156,608.34

AGNC INVESTMENT CORP 26,132 339,833.59

AGREE REALTY CORP 600 38,160.18

AIR LEASE CORP 2,573 106,042.59

AIR PROD. AND CHEM. 155 35,915.05

AKAMAI TECHNOLOGIES 16,811 1,916,526.29

ALBEMARLE CORP 71 13,843.05

ALECTOR INC 18,900 255,117.87

ALEXANDRIA REAL ESTATE 188,755 36,153,254.55

ALIGN TECHNOLOGY INC 2,054 905,657.14

ALLAKOS INC 27,800 152,277.28

ALLEGHENY TECHNOLOGIES INC 6,900 181,009.08

ALLEGRO MICROSYSTEMS INC 36,962 1,040,539.44

ALLETE INC. 1,500 98,503.50

ALLIANT ENERGY CORPORATION 4,754 290,175.60

ALLSCRIPTS HEALTHCARE SOLUTIONS 500 10,867.60

ALLY FINANCIAL INC 2,765 119,337.40

ALPHA & OMEGA SEMICONDUCTOR 17,700 933,940.50

ALPHABET INC 210 571,735.50

ALTA EQUIPMENT GROUP INC 2,500 30,457.50

ALTRIA GROUP INC 119,450 6,268,859.89

A-MARK PRECIOUS METALS INC 3,100 219,311.67

AMAZON.COM INC 303 977,190.15

AMBARELLA INC 3,800 351,638.70



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

AMC NETWORKS INC 1,600 62,881.12

AMCOR PLC 28,418 326,159.07

AMERICAN ASSETS TRUST INC 300 10,835.37

AMERICAN CAMPUS COMMUNITIES INC 5,083 278,645.49

AMERICAN ELECTRIC POWER 69,307 6,622,922.40

AMERICAN EQUITY INVESTMENT LIFE HOLDING 34,700 1,374,838.29

AMERICAN HOMES 4 RENT-A 13,454 529,544.06

AMERICAN INTL GROUP 65,580 4,050,795.60

AMERICAN STATES WATER CO. 600 51,155.16

AMERICAN TOWER CORP 316 76,652.12

AMERICAN WATER WORKS CO INC 238,090 35,850,914.09

AMERICAN WELL CORP-CLASS A 46,900 166,283.95

AMERIPRISE FINANCIAL INC 87 25,549.32

AMERIS BANCORP 13,300 639,180.71

AMERISAFE INC 2,900 138,620.29

AMETEK INC. 1,391 182,985.35

AMGEN INC 25,731 6,046,510.88

AMPHASTAR PHARMACEUTICALS INC 600 20,516.70

AMYLYX PHARMACEUTICALS 2,300 53,292.38

ANDERSONS INC/THE 13,900 600,908.12

ANNALY CAPITAL MGT. INC. 22,400 159,028.80

ANSYS INC 339 105,781.56

ANTERO MIDSTREAM CORP 372 3,710.70

ANTERO RESOURCES CORP 13,100 326,007.91

ANTHEM INC. 172 82,226.32

AON PLC 152 48,399.84

APA CORPORATION 295,000 11,322,471.70

APARTMENT INCOME REIT CO 40,687 2,169,451.18

APELLIS PHARMACEUTICALS INC 1,300 62,556.00

APOGEE ENTERPRISES INC. 19,000 919,425.20

APPLE HOSPITALITY REIT INC 900 16,146.99

APPLE INC. 21,317 3,448,452.32

APTIV PLC 2,013 236,410.14

ARBOR REALTY TRUST INC 700 12,209.19

ARCBEST CORP 1,100 96,619.16

ARCELLX INC 2,200 38,313.88

ARCH CAPITAL GROUP LTD 1,289 59,874.05

ARCHER DANIELS MIDLAND CO 120,000 10,200,982.71

ARCONIC CORP 21,100 509,887.83

ARCOSA INC 700 40,835.13

ARMADA HOFFLER PROPERTIES INC 1,900 28,268.58

ARROW ELECTRONICS 2,356 296,871.31

ARROWHEAD PHARMACEUTICALS INC 6,200 263,658.10



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

ARTESIAN RESOURCES -CL A 1,400 65,408.42

ARVINAS INC 6,400 393,942.40

ASANA INC - CL A 4,500 162,052.20

ASHLAND GLOBAL HOLDINGS INC 5,347 499,575.02

ASPEN AEROGELS INC 26,000 781,541.80

ASSETMARK FINANCIAL HLDG 6,300 137,564.91

AT T INC 4,990 116,067.40

ATEA PHARMACEUTICALS INC 25,700 156,554.12

ATHENEX INC 98,400 92,948.64

ATLASSIAN CORP PLC - CLASS A 3,903 1,092,080.56

AUTODESK INC. 153 32,641.02

AUTOMATIC DATA PROC. 16,500 3,453,892.20

AVALONBAY COMMUNITIES 359 87,087.15

AVANTOR INC 12,514 436,127.92

AVAYA HOLDINGS CORP 16,800 215,849.76

AVIS BUDGET GROUP INC 100 25,533.00

AXALTA COATING SYSTEMS LTD 4,219 103,441.02

AXCELIS TECHNOLOGIES INC 6,500 456,207.05

BALCHEM CORP 700 94,633.49

BANCO LATINOAMERICANO EXP-E 1,500 23,035.50

BANK OF AMERICA CORP. 4,020 170,307.30

BANK OZK 1,729 77,003.44

BAXTER INTL 27,511 2,150,636.92

BECTON DICKINSON AND COMPANY 9,806 2,553,724.49

BELDEN INC 15,400 883,602.72

BERKELEY LIGHTS INC 23,700 149,499.60

BERKSHIRE HATHAWAY INC. CLASS B 1,282 439,020.90

BIOCRYST PHARMACEUTICALS INC 2,000 29,799.20

BIOGEN IDEC INC 103 21,486.83

BIOHAVEN PHARMACEUTICAL 700 83,221.46

BIOMARIN PHARMACEUTICAL 14,601 1,177,767.76

BJS WHOLESALE CLUB HOLDINGS INC 3,000 190,440.00

BLACK HILLS CORP 1,500 106,351.35

BLACKROCK INC 100 73,863.00

BLACKSTONE INC 6,157 756,633.73

BLACKSTONE MORTGAGE TRUST INC 600 18,846.90

BLOCK INC. 336 47,268.48

BLOOM ENERGY CORP - A 2,500 54,573.75

BOEING CO 374 72,133.38

BOK FINL CORP 1,965 200,072.37

BOOKING HOLDINGS INC 2,930 5,326,905.06

BOSTON SCIENTIFIC CORP. 990 43,817.40

BOX INC-CLASS A 1,300 33,311.85



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

BRANDYWINE REALTY 800 10,651.52

BRIGHT HEALTH GROUP INC 81,700 174,666.43

BRIGHTCOVE INC 15,500 113,464.65

BRINKER INTERNATIONAL INC 7,400 262,109.48

BRINKS COMPANY 1,000 66,375.90

BRISTOL-MYERS SQUIBB 369,227 25,812,133.68

BROADCOM LTD 2,564 1,560,222.92

BROADSTONE NET LEASE INC-A 700 14,721.28

BUILDERS FIRSTSOURCE INC 644 48,518.96

CADENCE BANK 1,000 30,225.50

CADENCE DESIGN SYS INC 8 1,203.44

CALERES INC 1,400 29,597.54

CALIFORNIA RESOURCES CORP 10,700 454,647.28

CALIFORNIA WTR SVC G 6,800 392,228.08

CALIX INC 2,400 106,228.08

CAMDEN PROPERTY TRUST 835 139,681.05

CAMPBELL SOUP CO. 58,123 2,492,482.80

CAPRI HOLDINGS LTD 2,263 124,437.84

CARDINAL HEALTH INC. 36,172 1,991,391.58

CARGURUS INC 3,900 164,336.25

CARLYLE GROUP INC/THE 2,054 93,844.80

CASEY'S GENERAL STORES INC. 73,000 13,435,283.85

CASSAVA SCIENCES INC 3,900 142,108.98

CATERPILLAR INC. 379 83,740.05

CAVCO INDUSTRIES INC 2,200 620,747.82

CBRE GROUP INC 3,303 299,884.65

CEDAR FAIR LP 79,400 4,330,712.02

CENTENE CORP 2,875 247,600.40

CENTENNIAL RESOURCE DEVELO A 11,400 86,632.02

CENTERPOINT ENERGY INC 1,669 48,200.39

CENTRUS ENERGY CORP-CLASS A 16,200 550,942.56

CERENCE INC 1,100 36,871.45

CERNER CORP. 29,046 2,718,569.08

CHANGE HEALTHCARE INC 66,963 1,457,925.13

CHART INDUSTRIES INC 500 81,394.20

CHEGG INC 82,800 2,617,468.02

CHEMED CORP 3,680 1,798,516.46

CHEMOCENTRYX INC 3,900 92,014.65

CHESAPEAKE ENERGY CORP 3,100 238,078.76

CHEVRON CORP. 1,352 218,713.04

CHICAGO ATLANTIC REAL ESTATE 1,400 25,959.50

CHICO'S FAS INC 121,300 550,859.69

CHIMERA INVESTMENT CORP 1,600 19,605.12



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

CHIPOTLE MEXICAN GRILL - CL A 3,000 4,090,434.90

CHUBB LIMITED 1,915 401,999.37

CIENA CORP. 25,472 1,488,586.23

CIGNA HOLDING CO. 227 54,752.40

CINCOR PHARMA 2,700 60,140.61

CIRRUS LOGIC INC 22,515 1,860,513.52

CISCO SYSTEMS 2,952 165,341.52

CITI TRENDS INC 18,800 656,710.32

CITIGROUP INC. 2,795 157,805.45

CITIZENS FINANCIAL GROUP 87 4,267.35

CLEARWATER PAPER CORP 13,300 387,079.21

CLEARWAY ENERGY INC 2,800 102,172.84

CMC MATERIALS INC 1,300 240,570.20

CME GROUP INC 2,602 632,417.68

CMS ENERGY CORP 56,791 3,801,128.96

CNO FINANCIAL GROUP INC 1,500 36,588.45

CNX RESOURCES CORP 12,200 222,101.00

COCA COLA CO. 4,861 290,755.01

COEUR MINING INC 2,700 11,845.71

COGNIZANT TECH SOLUTIONS CORP 26,573 2,375,260.64

COHEN & STEERS INC 600 47,902.14

COLGATE PALMOLIVE 29,121 2,177,565.95

COLUMBIA BANKING SYSTEM INC 600 20,664.18

COMMUNITY BANK SYSTEM INC 800 57,642.56

COMMUNITY HEALTH SYS 16,000 182,416.00

COMSTOCK RESOURCES INC 39,600 352,772.64

CONAGRA BRANDS INC 333,000 11,077,882.50

CONDUENT INC 11,000 50,969.60

CONMED CORPORATION 700 98,046.20

CONOCOPHILLIPS 921 91,768.44

CONSOL ENERGY INC 3,500 104,960.80

CONSOLIDATED EDISON INC. 5,570 498,153.51

CONSTELLATION BRANDS INC-A 108 24,404.76

CONSTELLATION ENERGY GROUP 228 11,183.40

CONSTELLIUM SE 4,900 84,652.89

COOPER COMPANIES INC. 313 128,636.74

COPA HOLDINGS SA-CLASS A 11,976 914,759.22

CORPORATE OFFICE PROPERTY 500 13,708.55

CORTEVA INC 30,000 1,617,726.00

CORVEL CORP 500 81,603.60

COSTCO WHOLESALE CORP. 308 172,908.12

COTERRA ENERGY INC 86,713 2,071,504.20

COVETRUS INC 24,800 405,556.88



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

CRACKER BARREL OLD COUNTRY STORE INC 300 36,297.39

CREDIT ACCEP CORP MI 295 149,895.64

CREDO TECHNOLOGY GROUP H 5,200 77,832.56

CROCS INC 9,600 736,742.40

CROWN CASTLE INTL CO 301 52,650.92

CSX CORP. 1,544 56,124.40

CUBESMART 9,658 487,432.50

CUE HEALTH INC 76,600 637,120.50

CUMMINS INC. 7,373 1,506,340.77

CURIS INC 68,100 179,198.34

CUSHMAN & WAKEFIELD PLC 1,000 20,575.70

CVB FINL CORP 6,500 155,260.95

CVS HEALTH CORP 918 98,538.12

CYRUSONE INC. 20,349 1,836,401.61

D.R. HORTON INC. 2,028 165,477.30

DAKTRONICS INC 26,700 108,137.67

DANA HOLDING CORP 4,000 71,198.40

DANAHER CORP 6,377 1,697,091.59

DARDEN RESTAURANTS INC 1,301 168,697.42

DEERE AND CO. 195 80,572.05

DELL TECHNOLOGIES - C 190 9,855.30

DENBURY INC 800 55,016.96

DEXCOM INC 2,000 847,126.20

DIAMONDBACK ENERGY INC 90,500 12,539,295.40

DIGITAL REALTY TRUST INC 11,035 1,516,261.84

DIGITAL TURBINE INC 7,600 279,103.16

DIGITALBRIDGE GROUP INC 2,100 14,481.60

DIODES INC 1,000 87,262.50

DISCOVER FINANCIAL 34,000 3,941,895.40

DISCOVERY COMMUNICATIONS-C 41,948 1,073,336.06

DISNEY (WALT) CO. 1,268 177,951.12

DOLLAR GENERAL CORP. 163 37,436.21

DOLLAR TREE INC 887 134,877.22

DOMINION ENERGY INC 75,119 6,114,167.96

DONNELLEY FINANCIAL SOLUTIONS, INC 3,400 117,432.94

DOUGLAS ELLIMAN INC 17,000 123,484.60

DOW INC. 3,271 194,187.49

DOXIMITY INC 50,000 2,020,589.08

DRIVEN BRANDS HOLDINGS INC 66,834 1,907,088.14

DUKE ENERGY CORPORATION 3,660 387,840.69

DUKE RE CORPORATION 1,423 78,694.03

DUPONT DE NEMOURS INC 3,029 226,084.56

DYCOM INDUSTRIES INC. 600 59,348.28



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

EAGLE MATERIALS INC 122 16,029.58

EAGLE PHARMACEUTICALS INC 9,300 474,541.80

EAST WEST BANCORP INC. 13,830 1,112,211.37

EASTGROUP PROPERTY INC 200 38,095.90

EASTMAN CHEMICAL CO. 7,435 794,617.86

EASTMAN KODAK CO 7,100 31,427.44

EATON CORP PLC 278 43,262.36

EBAY INC 436 24,442.16

ECOLAB INC 175 29,956.50

EDISON INTERNATIONAL 31,857 2,119,914.51

EDWARDS LIFESCIENCES 1,558 173,058.06

EGAIN COMMUNICATIONS CORP 11,300 135,473.44

ELECTRONIC ARTS INC 12,953 1,604,933.69

ELI LILLY AND COMPANY 591 170,018.88

EMERGENT BIOSOLUTIONS INC 4,200 162,271.62

EMERSON ELECTRIC CO 955 90,835.32

ENCOMPASS HEALTH CORP 23,500 1,613,502.18

ENDO INTL PLC 36,000 81,144.00

ENERSYS 200 14,899.60

ENSIGN GROUP INC/THE 1,300 110,729.19

ENTERGY CORP. 35,000 3,915,558.50

EOG RESOURCES INC 50,407 6,037,998.32

EPAM SYSTEMS INC 4,500 1,049,976.00

EQUINIX INC 62 45,402.60

ESSENTIAL PROPERTIES REALTY TRUST INC 600 14,819.64

ESSENTIAL UTILITIES INC 2,121 100,838.49

ESTEE LAUDER CO. 160 44,305.60

EURONET WORLDWIDE IN 103,000 11,409,662.15

EVEREST RE GROUP LTD. 14,000 4,064,219.60

EVERGY INC 921 59,739.10

EVERI HOLDINGS INC 17,300 398,789.37

EVERQUOTE INC - CLASS A 20,900 296,706.85

EVERSOURCE ENERGY 22,456 1,899,532.83

EVOLENT HEALTH INC - A 8,100 236,138.49

EXELON CORP 9,940 432,282.89

EXP WORLD HOLDINGS INC 500 12,250.20

EXPEDITORS INT'L. WASH INC. 3,488 362,419.59

EXTRA SPACE STORAGE INC 211 40,852.39

EXTREME NETWORKS INC 3,300 37,240.83

EXXON MOBIL CORPORATION 72,958 6,096,815.18

F5 INC 14,797 2,920,941.88

FABRINET 800 81,010.80

FACTSET RESEARCH SYSTEMS INC. 127 53,478.43



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

FEDERAL REALTY INV. 343 40,093.27

FEDEX CORPORATION 20,172 4,529,097.40

FERRO CORP 18,200 395,746.26

FIBROGEN INC 900 10,992.24

FIDELITY NATIONAL FINANCIAL 4,117 201,499.98

FIDELITY NATIONAL INFORMATION SERVICE 425 40,740.50

FIRST AMERICAN FINANCIAL 2,326 157,656.05

FIRST INDUSTRIAL RE 3,891 231,192.33

FIRST INTERSTATE BANCSYS/MT 5,100 201,878.40

FIRST MERCHANTS CORP 800 33,284.00

FIRST REPUBLIC BANK 158,000 25,408,467.45

FIRST SOLAR INC 15,190 1,178,061.97

FISERV INC. WISCONSIN 418 42,071.70

FLAGSTAR BANCORP INC 900 39,774.24

FLOWERS INDUSTRIES INC. 26,954 678,254.28

FLUOR CORP 5,800 159,977.34

FLUSHING FINL CORP 600 14,009.88

FMC CORP. 9,500 1,102,379.05

FORD MOTOR COMPANY 18,018 298,542.66

FORRESTER RESEARCH INC 200 10,483.34

FORTIVE CORP 4,952 298,723.46

FOUR CORNERS PROPERTY TRUST 600 15,859.02

FOX CORP - CLASS A 84,000 3,576,778.80

FRANKLIN RESOURCES INC 5,914 164,130.65

FREEPORT MCMORAN COOPER AND GOLD 1,022 49,178.64

FS BANCORP INC 1,000 31,325.20

FUELCELL ENERGY INC 5,800 35,258.20

FULGENT GENETICS INC 13,600 800,996.48

FULTON FINANCIAL CORP 2,600 45,973.98

FUTUREFUEL CORP 30,700 275,142.61

GALLAGHER (ARTHUR) J AND CO. 75,000 11,782,866.40

GAMING AND LEISURE PROPERTIES INC. 4,798 215,625.96

GANNETT CO INC 74,500 349,367.75

GATOS SILVER INC 52,500 253,197.00

GATX CORP 1,700 207,716.71

GCP APPLIED TECHNOLOGIES 12,000 376,771.20

GENERAL DYNAMICS CORP. 174 40,066.98

GENERAL ELECTRIC CO 763 72,965.69

GENERAL MILLS INC 32,780 2,098,241.82

GENERAL MOTORS CO 2,407 106,110.96

GENPACT LTD 689 30,146.09

GENTEX CORP. 3,168 91,765.87

GENTHERM INC 600 44,076.06



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

GETTY RLTY CORP 400 11,110.80

GIBRALTAR INDUSTRIES INC 12,000 580,153.20

GILEAD SCIENCES INC. 22,244 1,322,641.96

GLACIER BANCORP INC 400 21,371.16

GLADSTONE COMMERCIAL CORP 500 10,730.25

GLOBE LIFE INC 268 26,312.24

GLOBUS MEDICAL INC - A 1,387 94,581.89

GOLDEN NUGGET ONLINE GAMING 4,900 32,001.90

GOLDMAN SACHS GROUP INC 1,316 446,208.80

GOODYEAR T & R 15,600 217,432.80

GORMAN RUPP CO 3,600 128,060.64

GRAPHITE BIO INC 3,300 26,542.23

GREEN DOT CORP-CLASS A 7,600 205,913.64

GRID DYNAMICS HOLDINGS INC 34,500 395,152.65

GROUPON INC 2,800 53,436.60

GROWGENERATION CORP 8,600 71,438.48

GUIDEWIRE SOFTWARE INC 15,099 1,330,226.43

HAEMONETICS CORP/MASS 21,800 1,190,855.52

HAIN CELESTIAL GROUP 18,000 650,010.60

HAMILTON LANE INC-CLASS A 2,000 154,761.80

HANNON ARMSTRONG SUS INFR CAP INC 400 17,978.80

HARSCO CORP 21,500 292,359.15

HARVARD BIOSCIENCE INC 9,400 57,078.68

HASBRO INC 4,959 444,864.95

HAWAIIAN ELECTRIC INDS 3,657 153,810.86

HCA HEALTHCARE INC 215 56,324.08

HEALTHCARE RLTY TR 600 16,052.16

HEALTHCARE TRUST OF AMERICA INC 75,495 2,365,335.19

HEALTHEQUITY INC 5,500 302,616.60

HEALTHPEAK PROPERTIES INC 1,601 53,542.40

HEALTHSTREAM INC 5,000 99,551.50

HECLA MINING CO. 57,100 372,274.87

HEICO CORP 7,781 1,137,932.35

HEICO CORP-CL A 25,000 3,079,977.50

HELMERICH & PAYNE INC 8,600 327,528.42

HERBALIFE LTD 44,640 1,529,982.43

HERITAGE-CRYSTAL CLEAN INC 500 14,432.20

HERSHEY COMPANY 12,179 2,517,227.58

HESS CORP. 12,711 1,225,086.18

HF FOODS GROUP INC 11,900 78,246.07

HIGHPEAK ENERGY INC 12,800 247,828.48

HILLENBRAND INC 700 31,511.34

HILLTOP HOLDINGS 31,100 960,284.03



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

HILTON GRAND VACATIONS 2,100 108,714.27

HOLOGIC INC. 31,054 2,274,345.27

HOME BANCSHARES INC 1,300 30,352.53

HONEST CO INC/THE 28,700 156,676.17

HORIZON THERAPEUTICS PLC 106,000 10,794,699.80

HORMEL FOODS CORP 43,440 2,157,213.02

HOSTESS BRANDS INC 37,000 762,995.50

HOWARD HUGHES CORP 65 6,327.75

HUBSPOT INC 22 10,106.18

HUDSON PACIFIC PROPERTIES INC. 15,438 411,070.34

HUMANA INC. 4,090 1,751,777.70

HUNTINGTON BANCSHARES 4,197 62,900.86

HYATT HOTELS CORP-CLASS A 1,044 98,183.82

ICF INTERNATIONAL INC 4,100 387,035.90

IDACORP INC. 2,798 309,844.08

II VI INC 1,200 80,155.92

ILLINOIS TOOL WORKS 219 46,509.03

ILLUMINA INC. 102 35,307.30

INARI MEDICAL INC 1,800 142,376.94

INDEPENDENCE REALTY TRUST 28,000 718,303.60

INDEPENDENT BANK CORP/MA 1,000 84,919.70

INDEPENDENT BANK GROUP INC 900 70,512.30

INGERSOLL-RAND INC 11,553 583,695.68

INGREDION INC 171,000 14,717,772.49

INNOVATIVE INDUSTRIAL PROPER 100 18,961.65

INNOVIVA INC 2,000 37,042.60

INSPERITY INC 500 48,097.55

INTEGRAL AD SCIENCE HOLDING 1,300 18,061.03

INTEL CORP. 40,251 1,871,991.22

INTER PARFUMS INC 300 25,125.45

INTERCONTINENTAL EXCHANGE INC 388 53,132.72

INTERNATIONAL BANCSH 5,400 234,262.80

INTERNATIONAL GAME TECHNOLOG 7,300 177,882.75

INTL BUS MACH CORP 2,687 343,071.97

INTRA-CELLULAR THERAPIES INC 2,600 152,843.08

INTREPID POTASH INC 2,400 143,643.36

INTUIT INC. 738 344,292.78

INTUITIVE SURGICAL INC 248 71,957.20

INVESTORS BANCORP INC 7,200 116,367.84

INVITATION HOMES INC 13,644 549,632.17

IQVIA HOLDING INC 1,097 241,781.87

IRHYTHM TECHNOLOGIES INC 1,300 167,790.61

IRIDIUM COMMUNICATIONS INC 900 35,029.35



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

ITRON INC. 12,900 636,406.02

ITT INC 892 70,789.12

JABIL INC 1,278 79,089.54

JEFFERIES FINANCIAL GROUP INC 3,086 100,504.85

JFROG LTD 2,600 59,545.46

JM SMUCKER CO 2,347 302,617.96

JOHNSON AND JOHNSON 2,602 455,045.37

JOHNSON CONTROLS INTERNATIONAL 3,838 249,074.69

JONES LANG LASALLE I 826 194,215.98

JPMORGAN CHASE AND CO. 13,406 1,850,311.40

KADANT INC 3,200 633,568.00

KELLOGG CO. 46,908 2,872,927.37

KELLY SERVICES INC CL-A 3,000 64,009.20

KEURIG DR PEPPER INC 113,638 4,252,454.51

KEYCORP 2,606 62,411.62

KEYSIGHT TECH INC 2,831 441,533.23

KIMBERLY-CLARK CORP 17,899 2,163,626.41

KINDER MORGAN INC. 16,261 284,580.62

KITE REALTY GROUP TRUST 1,013 22,157.55

KKR AND CO INC -A 3,169 177,039.99

KLA CORP. 105 38,334.45

KNOWLES CORP 48,800 1,044,256.56

KODIAK SCIENCES INC 66,200 522,529.84

KRAFT HEINZ CO/THE 486 18,302.76

KROGER CO. 60,000 2,893,074.00

KULICKE & SOFFA INDUSTRIES 1,300 76,022.70

KYNDRYL HOLDINGS INC 157 2,056.70

L3HARRIS TECHNOLOGIES INC 136 33,522.64

LABORATORY CRP OF AMER HLDGS 986 269,308.65

LADDER CAPITAL CORP-A 1,000 11,851.50

LAM RESEARCH CORP 98 53,378.64

LAMB WESTON HOLDINGS INC 81,500 4,675,332.25

LAND'S END INC 17,100 285,761.52

LAREDO PETROLEUM INC 1,300 85,855.25

LAS VEGAS SANDS CORP 230 8,970.00

LEAR CORP 508 74,085.25

LENNAR CORPORATION 1,013 89,184.52

LHC GROUP INC 800 112,831.28

LIBERTY BROADBAND - A 210 28,295.40

LIBERTY MEDIA CORP - C 1,591 94,362.21

LIBERTY MEDIA GROUP A 6,974 375,795.38

LIBERTY SIRIUS GROUP - C 3,019 138,115.02

LIBERTY SIRIUSXM GROUP 4,441 200,707.44



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

LIBERTY TRIPADVISOR HOLDINGS INC 37,100 73,068.45

LIFE STORAGE INC 1,378 183,314.38

LIFESTANCE HEALTH GROUP INC 24,200 236,719.56

LINCOLN NATIONAL CORP 7 452.76

LIQUIDITY SERVICES INC 6,900 121,538.67

LITTELFUSE INC 1,638 413,329.97

LKQ CORP 1,231 57,586.18

LOEWS CORP 33 2,070.75

LORDSTOWN MOTORS CORP-CL A 33,900 81,671.88

LULU'S FASHION LOUNGE HOLDIN 20,600 144,768.56

LXP INDUSTRIAL TRUST 1,200 18,415.32

MACERICH CO 900 13,395.15

MACROGENICS INC 3,300 28,053.96

MARINEMAX INC 600 27,206.16

MARRIOTT INT'L INC CL-A 189 32,362.47

MARSH AND MCLENNAN COS. 355 57,641.35

MARVELL TECHNOLOGY GROUP LTD 196,609 12,652,890.93

MASIMO CORP 8,189 1,245,515.78

MATADOR RESOURCES CO 400 19,885.00

MATRIX SERVICE CO 11,100 93,143.43

MATTEL INC. 57,699 1,353,682.01

MAXCYTE INC 21,200 114,238.32

MAXIMUS INC 600 44,494.20

MAYVILLE ENGINEERING CO INC 5,300 55,696.64

MCDONALDS CORPORATION 522 124,737.12

MEDICAL PROPERTIES TRUST INC 23,215 468,692.28

MEDPACE HOLDINGS INC 1,100 166,674.20

MEDTRONIC INC 50,938 5,571,281.36

MERCK AND CO INC 1,770 140,095.50

MERIDIAN BIOSCIENCE INC 15,500 393,930.95

MICRON TECHNOLOGY INC 43,498 3,481,036.96

MICROSOFT CORP. 51,352 14,517,106.78

MID-AMERICAN APARTMENT 2,447 510,713.37

MIDDLEBY CORP 757 131,687.72

MISTRAS GROUP INC 6,100 41,080.45

MODERNA INC 931 158,432.44

MODINE MANUFACTURING CO 5,800 54,890.04

MOELIS & CO 2,900 135,610.38

MONDELEZ INTERNATIONAL INC 4,371 268,860.21

MONEYGRAM INTERNATIONAL INC. 38,600 414,602.60

MONGODB INC 321 113,142.87

MONSTER BEVERAGE CORP NEW 260 20,963.80

MONTE ROSA THERAPEUTICS INC 4,100 54,467.27



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

MOODY'S CORPORATION 113 37,433.51

MORGAN STANLEY 3,604 330,087.84

MP MATERIALS CORP 10,300 448,819.41

MSC INDUSTRIAL DIRECT CO-A 521 41,424.71

MULTIPLAN CORP 7,300 26,918.02

MURPHY OIL CORP 3,000 110,161.50

MYR GROUP INC 400 39,136.88

NATIONAL BEVERAGE CO 5,800 243,298.98

NATIONAL HEALTH INVESTORS INC 200 11,313.00

NATIONAL INSTRUMENTS CORP. 5,872 230,084.92

NATIONAL STORAGE AFFILIATES 400 24,130.16

NAUTILUS INC 26,700 116,927.31

NETAPP INC. 1,876 159,910.24

NETFLIX INC 302 114,953.28

NETSCOUT SYS INC 9,000 283,918.50

NEW RELIC INC 4,029 254,077.60

NEW RESIDENTIAL INVESTMENT CORP 22,398 235,626.96

NEWMARK GROUP INC-CLASS A 5,200 82,815.72

NEWMONT CORP 69,887 4,916,574.83

NEXSTAR MEDIA GROUP INC 22,000 4,011,843.00

NEXTERA ENERGY INC 47,538 3,833,688.34

NIKE INC. -CL B 15,865 2,104,450.20

NISOURCE INC 10,925 315,067.87

NJ RESOURCES CORP. COMMON 3,100 133,577.76

NMI HOLDINGS INC-CLASS A 600 12,780.78

NORFOLK SOUTHERN CORP. 1,302 351,839.46

NORTHFIELD BANCORP INC/NJ 40,200 620,346.30

NORTHWESTERN CORP 1,500 88,187.85

NOV INC 70,071 1,323,522.07

NUVALENT INC-A 1,800 21,650.04

NV5 HOLDINGS INC 4,100 522,963.20

NVIDIA CORP 1,671 442,096.47

NVR INC 244 1,178,524.88

NXP SEMICONDUCTORS NV 185 35,605.10

OGE ENERGY CORP 4,289 166,412.34

O-I GLASS INC 6,600 84,255.60

OMNICELL INC 8,500 1,152,832.05

ON SEMICONDUCTOR COR 47 2,832.69

ONE GAS INC. 2,200 182,589.88

ONEMAIN HOLDINGS INC 2,799 124,751.43

ONEOK INC. 1,390 91,119.37

OPEN LENDING CORP - CL A 17,300 328,675.78

OPTION CARE HEALTH INC 6,100 158,827.53



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

ORMAT TECHNOLOGIES INC 900 69,346.53

OSHKOSH CORPORATION 105,000 11,091,467.10

OTTER TAIL CORP 12,300 762,843.54

OUTFRONT MEDIA INC 700 18,961.81

PACCAR INC 28,240 2,542,616.64

PACIFIC GAS AND ELEC. CO. 106,265 1,270,461.83

PACIFIC PREMIER BANCORP INC 600 22,495.08

PACIRA BIOSCIENCES INC 1,700 120,193.23

PALOMAR HOLDINGS INC 4,700 290,702.05

PARAMOUNT GLOBAL - CLASS A 25,054 1,010,826.18

PARAMOUNT GLOBAL - CLASS B 25,228 921,916.90

PARKER-HANNIFIN CORP. 489 138,890.82

PARK-OHIO HOLDINGS CORP 800 12,427.28

PATTERSON-UTI ENERGY INC 2,300 33,632.44

PAYCHEX INC 42,133 5,211,466.85

PAYCOM SOFTWARE INC 7,500 2,506,111.50

PAYPAL HOLDINGS INC 821 97,543.01

PDF SOLUTIONS INC 1,700 44,605.79

PEABODY ENERGY CORP 5,000 99,709.50

PEBBLEBROOK HOTEL TRUST 700 16,477.86

PEPSICO INC. 10,965 1,780,162.95

PERDOCEO EDUCATION CORP 62,200 701,329.88

PERFORMANCE FOOD GROUP CO 3,100 157,088.47

PERKIN ELMER INC 686 121,494.17

PFIZER INC. 147,219 7,959,349.32

PHILIP MORRIS INTERNATIONAL 132,481 12,463,869.00

PHILLIPS 66 4,955 382,398.66

PHILLIPS EDISON & CO 22,800 773,022.60

PHREESIA INC 16,700 426,551.40

PHYSICIANS REALTY TRUST 900 14,908.41

PILGRIM'S PRIDE CORP 26,687 628,388.11

PIPER SANDLER COS 1,100 140,966.43

PITNEY-BOWES, INC. 67,700 344,410.21

PJT PARTNERS INC - A 1,000 62,126.70

PNC FINANCIAL SERVICES GROUP 297 57,323.97

POPULAR INC 870 71,574.90

POST HOLDINGS INC 10,474 715,653.86

POSTAL REALTY TRUST 1,200 21,201.00

POTLATCHDELTIC CORP. 300 16,430.58

POWER INTEGRATIONS INC 500 44,948.75

POWERSCHOOL HOLDINGS INC-A 700 11,966.64

PPG INDUSTRIES INC. 1,638 208,977.84

PPL CORPORATION 64,113 1,714,291.86



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

PRECISION BIOSCIENCES INC 63,900 186,479.37

PREFERRED APARTMENT COMMUN-A 800 20,060.96

PREMIER INC-CLASS A 14,178 517,606.17

PRIMO WATER CORP 2,300 32,504.98

PRINCIPAL FINANCIAL GROUP 450 31,090.50

PROCTER AND GAMBLE CO 21,176 3,189,739.36

PROGRESSIVE CORP 409 45,505.34

PROLOGIS INC. 603 96,144.72

PROSPERITY BANCSHARE 2,427 174,211.27

PROTO LABS INC 12,000 615,368.40

PRUDENTIAL FINANCIAL INC 929 104,706.66

PS BUSINESS PARKS INC/CA 100 15,767.78

PUBLIC STORAGE INC 104 38,038.00

PURE CYCLE CORP 6,800 81,219.88

PURE STORAGE INC - CLASS A 36,593 1,203,986.55

PURPLE INNOVATION INC 8,700 63,441.27

QCR HOLDINGS INC 300 16,989.00

QIAGEN N.V. 48,279 2,341,010.09

QUALCOMM INC 11,362 1,705,822.88

QUALYS INC 10,200 1,277,360.28

QUEST DIAGNOSTICS INC 1,569 225,637.26

QUIDEL CORP 7,611 827,177.18

QUINSTREET INC 19,900 243,918.28

RACKSPACE TECHNOLOGY INC 1,000 10,896.90

RADIAN GROUP INC. 7,300 170,728.75

RADIUS GLOBAL INFRASTRUCTU-A 3,500 48,934.90

RAMBUS INC DEL 14,800 425,366.80

RANGE RES CORP 14,300 362,613.68

RAYONIER INC. 3,602 148,842.56

RAYTHEON TECHNOLOGIES CORP 61,046 5,844,551.76

READY CAPITAL CORP 2,500 38,464.00

REALTY INCOME CORP 11,376 750,724.99

REGENERON PHARMACEUTICAL 625 428,737.50

REGENXBIO INC 11,200 307,977.60

RENAISSANCERE HOLDINGS LTD 13,507 2,006,052.89

RENASANT CORP 30,300 1,095,847.98

RENEWABLE ENERGY GROUP INC 400 24,352.84

RETRACTABLE TECHNOLOGIES INC 21,400 100,511.52

REV GROUP INC 6,600 89,245.86

REVOLVE GROUP INC 8,400 390,236.28

REXFORD INDUSTRIAL REALTY INC 1,351 96,869.81

REYNOLDS CONSUMER PRODUCTS 73,171 2,193,849.51

RI RCM INC 2,600 64,558.52



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

RIBBON COMMUNICATIONS INC 55,700 187,280.11

RIOT BLOCKCHAIN INC 1,500 23,629.35

RITE AID CORP. 54,800 495,298.84

RIVIAN AUTOMOTIVE INC-A 1,480 67,547.20

RLJ LODGING TRUST 1,200 16,592.28

ROPER TECHNOLOGIES INC 6,073 2,675,358.34

ROSS STORES INC 244 22,782.28

ROYAL GOLD INC 9,402 1,303,169.85

RPT REALTY 1,100 14,522.64

RUSH ENTERPRISES INC - CL A 6,000 309,774.00

RYMAN HOSPITALITY PROPERTIES 400 36,055.60

S P GLOBAL INC 242 99,215.16

SABRA HEALTHCARE REIT INC 1,000 13,835.30

SALESFORCE INC 653 142,902.52

SCHLUMBERGER 977 38,855.29

SCHWAB (CHARLES) CORP 1,051 94,632.04

SEALED AIR CORP. 634 42,636.50

SELECTIVE INSURANCE GROUP 9,700 816,567.34

SEMPRA 13,533 2,091,414.14

SEMTECH CORPORATION 600 38,908.62

SENSATA TECH HOLDING N.V. 7,289 389,542.38

SERES THERAPEUTICS INC 4,100 28,986.59

SERVICE CORP INTERNATIONAL 4,998 320,419.28

SERVICENOW INC 3,308 1,859,832.60

SERVISFIRST BANCSHARES INC 1,600 145,627.36

SHARPS COMPLIANCE CORP 47,900 268,102.22

SHENANDOAH TELECOMMUNICATIONS 4,000 86,353.20

SHERWIN-WILLIAMS CO 168 42,263.76

SHUTTERSTOCK INC 1,200 109,048.08

SIGNET JEWELERS LTD 800 61,680.16

SILICON LABORATORIES 1,200 173,090.88

SIMMONS 1ST NATL COR 400 11,376.64

SIMON PROP GROUP INC. 789 102,998.98

SIMPSON MANUFACTURING CO 100 11,775.60

SITE CENTERS CORP 800 12,748.72

SKYLINE CHAMPION CORP 900 60,854.22

SKYWEST INC 28,300 778,266.98

SLEEP NUMBER CORP 15,200 956,988.96

SLM CORP 2,750 49,582.50

SM ENERGY CO 1,000 35,853.30

SNOWFLAKE INC CLASS A 6,295 1,274,310.29

SOUTH JERSEY INDS IN 6,400 219,617.28

SOUTHERN CO 10,478 717,445.68



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

SOUTHERN COPPER CORP 59 4,386.65

SOUTHWEST AIRLINES 100,000 4,382,823.70

SOUTHWEST GAS HOLDINGS INC 1,300 101,829.00

SOUTHWESTERN ENERGY COMPANY 26,100 136,450.80

SPDR GOLD SHARES 60,000 10,710,228.00

SPDR S&P BIOTECH 11,000 1,013,102.20

SPECTRUM BRANDS HOLDINGS INC 14,214 1,297,196.85

SPIRE INC 1,900 126,425.24

SPROUT SOCIAL 6,200 419,690.40

SPROUTS FARMERS MARKET INC 5,000 153,773.50

SPS COMMERCE INC 500 62,556.45

SS and C TECHNOLOGIES HOLDINGS 2,146 166,828.97

STAG INDUSTRIAL INC 1,400 55,373.22

STANDARD MOTOR PRODS 900 41,330.79

STARBUCKS CORP. 180,000 15,638,777.88

STARTEK INC 28,500 115,675.57

STATE STREET CORP 1,410 121,047.51

STEPSTONE GROUP INC-CLASS A 5,300 173,263.89

STERIS PLC 8,028 1,852,846.34

STERLING CONSTRUCTION CO 22,300 640,286.52

STITCH FIX INC-CLASS A 38,200 411,249.74

STORE CAPITAL CORP 14,226 413,643.71

STRYKER CORP. 776 204,631.71

SUMMIT MATERIALS INC -CL A 3,600 113,634.36

SUMO LOGIC INC 24,400 236,860.56

SUN COMMUNITIES INC 3,332 591,011.50

SUNSTONE HOTEL INVESTORS INC 1,700 19,477.24

SVB FINANCIAL GROUP 35,000 18,559,286.00

SWEETGREEN INC 2,900 104,102.17

SWITCH INC - A 850 23,706.50

SYNCHRONY FINANCIAL 3,453 127,172.95

SYNDAX PHARMACEUTICALS INC 23,500 388,638.30

SYNEOS HEALTH INC 6,540 522,425.01

SYNOPSYS INC. 884 267,147.36

SYNOVUS FINANCIAL CORP 1,494 73,594.44

SYSCO CORP. 2,458 195,960.60

TABULA RASA HEALTHCARE INC 24,000 109,816.80

TALOS PETROLEUM LLC 2,900 41,577.88

TANDEM DIABETES CARE INC 1,847 207,639.19

TAYLOR MORRISON HOME CORP 1,900 58,855.92

TEGNA INC 8,400 188,585.04

TELEDYNE TECHNOLOGIES INC 193 82,104.13

TENET HEALTHCARE CORP 5,400 476,996.58



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

TERRENO REALTY CORP 300 21,098.76

TESLA INC 8,111 7,297,567.83

TETRA TECH INC. 5,500 889,299.95

TEXAS INSTRS INC 646 116,370.44

THE BANK OF NEW YORK MELLON CORP 1,236 62,739.36

THE CONTAINER STORE GROUP INC 8,300 68,777.95

THE HANOVER INSURANCE GROUP 54,175 7,693,803.35

THE ODP CORP. 4,700 217,229.30

THERMO FISHER SCIENTIFIC 12,501 6,815,862.84

THRYV HOLDINGS INC 2,700 82,384.83

TITAN MACHINERY INC 2,000 57,553.00

T-MOBILE US INC. 15,989 2,064,526.88

TOLL BROTHERS INC 5,260 269,216.79

TOPBUILD CORP 31 6,841.70

TORRID HOLDINGS INC 14,000 112,295.40

TPI COMPOSITES INC 44,300 611,419.74

TRADE DESK INC/THE -CLASS A 200,000 11,627,203.58

TRANSUNION 473 49,158.89

TRAVELERS COS INC 646 115,078.44

TREEHOUSE FOODS INC 3,100 102,429.58

TRINSEO PLC 11,800 556,145.80

TRITON INTERNATIONAL LTD/BER 2,900 190,542.47

TRONOX LTD-CL A 12,600 255,535.56

TWILIO INC - A 117 18,684.90

TYSON FOODS INC. CL-A 52,806 4,941,499.00

UBER TECHNOLOGIES INC 1,127 37,641.80

UFP TECHNOLOGIES INC 1,800 104,745.06

ULTRA CLEAN HOLDINGS 400 16,750.40

UMB FINL CORP 400 40,391.40

UMH PROPERTIES INC 600 14,680.20

UNION PACIFIC CORP. 450 117,612.00

UNITED BANKSHARES INC. 20,000 722,954.00

UNITED CMNTY BKS BLA 3,400 129,202.72

UNITED NATURAL FOODS INC. 7,400 285,699.94

UNITED PARCEL SERVICES INC 506 111,228.92

UNITEDHEALTH GROUP INC 5,236 2,567,761.39

UNITI GROUP INC 1,500 19,408.65

UNITY SOFTWARE INC 10,278 941,385.66

UNUM GROUP 1,643 47,597.71

URBAN EDGE PROPERTIES 600 11,157.78

US BANCORP 937 53,006.09

US ECOLOGY INC 8,900 423,488.70

US XPRESS ENTERPRISES INC-A 85,000 405,713.50



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

USANA HEALTH SCIENCES INC 900 73,712.79

USERTESTING 2,200 18,611.34

UTILITIES SELECT SECTOR SPDR 180,000 12,939,624.00

VALHI INC 1,600 45,488.32

VALUE LINE INC 7,900 531,037.52

VANDA PHARMACEUTICALS INC 24,900 288,698.07

VECTRUS INC 9,800 355,147.10

VEEVA SYSTEMS INC. - CL A 46,000 9,099,775.90

VERACYTE INC 2,300 57,290.93

VERINT SYS INC 19,300 967,364.25

VERITEX HOLDINGS INC 150,000 5,700,000.00

VERIZON COMMUNICATIONS 60,169 3,111,919.41

VERTEX PHARMAREUTICALS INC 8,186 2,049,335.15

VERTIV HOLDINGS CO 32,609 427,940.95

VERU INC 4,400 21,730.28

VERVE THERAPEUTICS INC 5,000 104,257.50

VIA RENEWABLES INC 67,600 594,103.24

VIATRIS INC 181,619 1,904,075.43

VICI PROPERTIES INC 5,566 153,000.99

VICOR CORP 3,300 242,514.36

VIGIL NEUROSCIENCE 1,600 18,919.52

VIR BIOTECHNOLOGY INC 5,200 125,165.04

VIRTU FINANCIAL INC-CLASS A 982 34,222.70

VISTEON CORP 200 22,078.96

VISTRA ENERGY CORP 78,402 1,775,554.41

VMWARE INC-CLASS A 156 17,994.60

VONAGE HLDGS CORP 5,300 106,743.59

VOXX INTERNATIONAL CORP 55,200 601,029.41

VULCAN MATERIALS CO 1,067 192,401.44

WABTEC 570 53,086.95

WALGREENS BOOTS ALLIANCE INC 9,401 443,749.08

WALKER & DUNLOP INC 9,500 1,273,841.70

WALMART INC 24,318 3,414,285.42

WARRIOR MET COAL INC 16,400 598,864.04

WASTE MANAGEMENT INC. 294 45,778.74

WATTS WATER TECHNOLOGIES INC. CLASS A 800 116,031.60

WEC ENERGY GROUP INC. 93,211 8,902,994.18

WESTLAKE CHEMICAL CORP. 10,000 1,064,233.00

WEYERHAEUSER CO. 11,012 431,367.57

WHITESTONE REIT-B 1,200 15,413.16

WILLIAMS COS. INC. 4,587 144,398.76

WILLSCOT MOBILE MINI HOLDINGS 29,800 1,141,130.12

WORKDAY INC-CL A 696 169,573.44



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

WORKIVA INC 1,600 156,605.28

WP CAREY INC 3,928 313,470.90

WSFS FINL CORP 3,100 158,912.20

WW INTERNATIONAL INC 11,900 118,804.84

XCEL ENERGY INC 30,969 2,156,399.34

XENIA HOTELS & RESORTS INC 600 11,291.46

XEROX CORP 73,809 1,443,194.76

Y-MABS THERAPEUTICS INC 25,100 242,398.23

ZOETIS INC 33,601 6,438,332.76

ZOOM VIDEO COMMUNICATIONS 152 17,680.64

ZSCALER INC 338 71,280.31

ZUORA INC-CLASS A 6,800 95,110.24

13,277,844TOTAL: 858,218,315.02

CostShares Domestic Common Stocks/ Externally Managed


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

2U INC 38,800 416,162.56

AKAMAI TECHNOLOGIES 14,544 1,694,374.55

ALBEMARLE CORP 6,083 1,268,480.69

ALLIANT ENERGY CORPORATION 8,659 523,948.29

ALLSTATE CORP 6,740 937,281.25

ALPHABET INC 6,426 17,802,356.50

ALPHABET INC CL C 1,672 4,704,371.36

AMAZON.COM INC 2,530 8,317,437.93

AMEREN CORP. 7,025 627,555.20

AMERESCO INC-CLASS A 23,789 1,819,841.10

AMERICAN EXPRESS CO. 6,457 1,058,898.28

AMERICAN INTL GROUP 8,685 539,497.44

AMERIPRISE FINANCIAL INC 5,007 1,359,982.81

AMERISOURCEBERGEN CORP 10,815 1,662,643.29

AMETEK INC. 4,476 593,633.53

ANI PHARMACEUTICALS INC 36,338 1,016,509.04

APPLE INC. 13,650 2,208,625.67

ARCHER DANIELS MIDLAND CO 17,343 1,544,980.34

ARISTA NETWORKS INC 9,538 1,337,180.86

ATMOS ENERGY CORP. 4,514 517,057.49

AUTOMATIC DATA PROC. 35,796 8,183,072.99

AVERY DENNISON 11,949 2,086,363.51

AXOS FINANCIAL INC 29,248 1,349,249.24

BAKER HUGHES COMPANY 68,224 2,580,327.19

BANK OF AMERICA CORP. 152,037 6,344,110.27

BAXTER INTL 6,841 528,697.11

BERRY GLOBAL GROUP INC 9,100 495,159.81

BIOGEN IDEC INC 4,852 1,019,396.95

BOEING CO 8,102 1,422,710.39

BRISTOL-MYERS SQUIBB 46,953 3,435,316.25

BROADCOM LTD 11,544 7,312,517.94

BROADRIDGE FINANCIAL 10,748 1,620,233.06

BYRNA TECHNOLOGIES INC 176,656 1,736,232.09

CALAMP CORP. 135,653 931,688.45

CAMPBELL SOUP CO. 11,025 492,003.86

CATERPILLAR INC. 3,649 817,167.28

CBRE GROUP INC 10,923 978,030.13

CELANESE CORP-SERIES A 11,178 1,597,384.62

CERENCE INC 36,534 1,152,779.22

CHUBB LIMITED 2,597 557,410.47

CI&T INC 95,576 1,723,374.62

CIGNA HOLDING CO. 8,806 2,120,829.12

CINCINNATI FINANCIAL CORP. 8,665 1,163,781.42



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

CITIGROUP INC. 47,661 2,595,818.40

CLEVELAND-CLIFFS INC 39,894 1,058,922.40

CLOROX COMPANY 3,234 449,915.38

CLOUDFLARE INC - CLASS A 4,740 554,490.41

CMS ENERGY CORP 9,815 665,888.86

COCA COLA CO. 22,909 1,404,143.01

COGNIZANT TECH SOLUTIONS CORP 13,091 1,186,857.04

COLUMBUS MCKINNON CO 6,520 292,802.12

COMCAST CORP - CL A 52,776 2,464,887.13

COMERICA INC. 7,194 672,713.82

CONSOLIDATED EDISON INC. 5,513 497,112.17

CROWN HOLDINGS INC 3,844 487,177.03

CTS CORP. 13,853 509,053.42

CUMMINS INC. 2,243 461,973.44

DANAHER CORP 4,285 1,102,434.09

DARDEN RESTAURANTS INC 4,248 556,236.09

DAVE & BUSTERS ENTERTAINMENT 73,223 3,209,776.64

DAVITA INC 5,803 658,843.60

DEVON ENERGY CORPORATION 18,818 997,683.32

DISCOVERY COMMUNICATIONS-C 90,710 2,449,018.05

DISH NETWORK CORP 15,832 495,875.66

DOLBY LABORATORIES INC-CL A 4,200 295,987.86

DOVER CORP. 12,038 1,902,336.25

DOW INC. 8,103 513,964.37

DRIL-QUIP INC 204,694 7,261,173.37

DTE ENERGY COMPANY 11,183 1,442,895.21

DUKE RE CORPORATION 26,759 1,499,694.77

DXC TECHNOLOGY 46,238 1,494,638.73

EAST WEST BANCORP INC. 18,570 1,345,493.07

EASTMAN CHEMICAL CO. 5,687 623,716.60

EATON CORP PLC 13,412 1,990,076.48

EBAY INC 28,865 1,642,892.36

EDWARDS LIFESCIENCES 11,839 1,283,341.68

EMERSON ELECTRIC CO 9,634 938,745.64

ENTERGY CORP. 7,156 794,902.79

EQUINIX INC 1,762 1,242,960.97

ESSEX PROPERTY TRUST INC. 1,461 490,777.08

ESTEE LAUDER CO. 6,036 1,655,119.49

EXPEDITORS INT'L. WASH INC. 5,531 566,879.38

F5 INC 4,317 885,728.39

FIFTH THIRD BANCORP 33,844 1,551,138.21

FIRST CITIZENS BANCSHS 500 334,211.62

FIRST ENERGY CORP. 24,719 1,135,971.53



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

FIRSTSERVICE CORP PFDS 7,458 1,036,820.22

FORD MOTOR COMPANY 49,053 820,146.54

FORTUNE BRANDS HOME AND SECURITY 18,627 1,387,918.26

FRANKLIN RESOURCES INC 17,002 477,324.35

FREEPORT MCMORAN COOPER AND GOLD 10,825 542,136.57

FUNKO INC-CLASS A 111,100 2,234,444.52

GALLAGHER (ARTHUR) J AND CO. 15,292 2,550,913.53

GARMIN LTD 18,289 2,118,442.31

GENERAL ELECTRIC CO 22,356 2,054,473.92

GENERAL MILLS INC 8,301 534,616.78

GENUINE PARTS CO 4,576 578,667.23

G-III APPAREL GROUP LTD 85,500 2,608,342.08

GLAUKOS CORP 12,569 742,944.79

GLOBANT SA 2,878 637,655.15

GRAINGER W W INC 3,923 1,981,359.01

HALLIBURTON COMPANY 175,808 6,729,789.84

HCA HEALTHCARE INC 9,299 2,339,686.98

HEALTHCARE RLTY TR 28,400 752,872.82

HENRY SCHEIN INC 5,789 509,264.12

HESS CORP. 17,562 1,865,224.90

HEWLETT PACKARD ENTERPRISE 106,783 1,812,673.16

HOME DEPOT INC. 2,876 864,157.18

HORACE MANN EDUCATORS 400 16,223.44

HOWMET AEROSOACE INC 35,592 1,308,191.08

HUBSPOT INC 1,197 572,002.73

HUMANA INC. 3,515 1,520,530.30

HUNTINGTON BANCSHARES 68,796 1,003,027.54

IDEX CORPORATION 4,812 922,132.22

ILLINOIS TOOL WORKS 5,975 1,254,129.20

INNOVIZ TECH LTD 103,846 369,506.48

INOGEN INC 25,766 896,929.60

INTERNATIONAL MONEY EXPRESS 120,460 2,193,458.61

INTERNATIONAL PAPER 37,152 1,703,336.86

INTERPUBLIC GROUP 42,322 1,489,336.58

INVESCO LTD 27,706 596,823.26

JAMES RIVER GROUP HOLDINGS LTD 9,200 187,256.79

JB HUNT TRANSPORT SERVICES INC 6,489 1,347,184.66

JOHNSON CONTROLS INTERNATIONAL 15,156 998,309.05

JPMORGAN CHASE AND CO. 18,501 2,398,369.74

JUNIPER NETWORKS INC 20,048 747,794.41

KELLOGG CO. 18,738 1,235,671.79

KEYCORP 96,357 2,259,072.67

KEYSIGHT TECH INC 4,245 665,358.33



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

KLA CORP. 4,542 1,585,137.11

KRAFT HEINZ CO/THE 41,661 1,628,935.67

KRATOS DEFENSE & SECURITY SOLUTIONS INC 39,539 821,853.27

KYNDRYL HOLDINGS INC 35,511 454,398.76

L3HARRIS TECHNOLOGIES INC 5,549 1,405,371.63

LABORATORY CRP OF AMER HLDGS 4,696 1,256,835.61

LEIDOS HOLDINGS INC 11,634 1,258,549.84

LHC GROUP INC 35,974 4,877,606.02

LIMELIGHT NETWORKS INC 472,900 2,296,257.73

LINCOLN NATIONAL CORP 23,040 1,512,614.54

LKQ CORP 16,643 759,035.63

LOWE'S COS 4,894 1,041,802.91

LYONDELLBASELL IND-CL A 5,577 576,279.78

MARATHON PETROLEUM CORP 15,644 1,345,498.20

MARKFORGED HOLDING CORP 63,050 268,457.14

MARSH AND MCLENNAN COS. 14,739 2,520,618.09

MAXIMUS INC 4,200 309,609.92

MCKESSON CORP 2,377 729,639.41

METLIFE INC 20,868 1,453,132.75

MGM RESORTS INTL 12,756 528,442.81

MID-AMERICAN APARTMENT 6,792 1,412,656.51

MOHAWK INDUSTRIES INC. 5,892 803,926.28

MONDELEZ INTERNATIONAL INC 23,940 1,501,289.37

MONEYLION INC 410,185 1,051,047.49

MONTROSE ENVIRONMENTAL GROUP INC 104,264 5,265,700.78

MOSAIC COMPANY 41,132 2,785,077.00

MOTOROLA SOLUTIONS INC 4,658 1,094,665.79

NCR CORPORATION 5,900 213,990.24

NERDY INC 216,555 1,008,480.03

NETAPP INC. 12,232 1,019,877.25

NEWELL BRANDS INC. 32,114 708,511.92

NEWMONT CORP 9,956 783,621.83

NISOURCE INC 36,523 1,106,628.64

NORFOLK SOUTHERN CORP. 3,517 991,786.49

NORTHERN TRUST CORP 28,953 3,351,842.49

NOVANTA INC 13,998 1,887,305.73

NUCOR CORP 22,042 3,359,769.49

NVIDIA CORP 8,118 1,774,274.96

OLD DOMINION FREIGHT LINE 6,460 1,939,143.42

OMNICOM GROUP 7,379 610,070.63

OXFORD INDUSTRIES INC. 29,300 2,663,808.16

PACKAGING CORP OF AMERICA 4,442 695,950.80

PALO ALTO NETWORKS INC 1,708 1,033,493.21



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

PARAMOUNT GLOBAL - CLASS B 17,145 644,624.57

PARKER-HANNIFIN CORP. 3,546 1,014,393.23

PAYCHEX INC 17,254 2,310,360.94

PELOTON INTERACTIVE INC - A 38,301 863,974.81

PENTAIR PLC 31,297 1,762,953.75

PERFORMANCE FOOD GROUP CO 21,100 1,017,336.50

PERKIN ELMER INC 12,198 2,156,177.04

PFIZER INC. 18,613 967,727.10

PHILIP MORRIS INTERNATIONAL 14,360 1,352,456.39

PHYSICIANS REALTY TRUST 11,400 188,211.63

PNC FINANCIAL SERVICES GROUP 9,074 1,721,947.31

POOL CORP. 1,098 466,652.64

PPG INDUSTRIES INC. 4,470 576,029.24

PRIMO WATER CORP 24,500 335,162.32

PRINCIPAL FINANCIAL GROUP 9,979 737,770.42

PRUDENTIAL FINANCIAL INC 5,496 653,114.41

PUBLIC STORAGE INC 2,620 1,029,122.38

PULTE GROUP INC. 22,928 997,082.31

QORVO INC 13,740 1,728,950.92

QUALCOMM INC 13,268 1,913,477.79

RAPID7 INC 26,296 2,823,499.94

RAYMOND JAMES FINANCIAL INC 9,176 1,014,330.64

RAYTHEON TECHNOLOGIES CORP 4,973 504,264.69

REGIONS FINANCIAL CORP. 48,099 1,095,546.11

REPUBLIC SERVICES INC 5,144 666,746.25

REYNOLDS CONSUMER PRODUCTS 1,200 34,258.79

SCHLUMBERGER 41,085 1,704,472.86

SEAGEN INC 4,864 701,615.95

SEMPRA 2,949 470,539.79

SHERWIN-WILLIAMS CO 9,784 2,450,838.19

SITEONE LANDSCAPE SUPPLY INC 2,000 323,523.20

SKECHERS U S A INC 65,700 2,706,230.59

SKYLINE CHAMPION CORP 14,400 979,738.05

SNAP-ON INC 10,266 2,116,448.83

SOUTHWEST AIRLINES 20,192 866,537.66

STAAR SURGICAL CO 31,200 2,635,390.77

STATE STREET CORP 31,394 2,751,665.01

SWITCH INC - A 21,550 591,413.90

SYNCHRONOSS TECHNOLOGIES INC 469,700 815,637.56

SYNCHRONY FINANCIAL 39,652 1,444,014.81

TAPESTRY INC 29,708 1,113,853.93

TELEDYNE TECHNOLOGIES INC 959 454,980.19

TERADATA CORP 23,700 1,075,731.96



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

TETRA TECHNOLOGIES INC. 2,450 9,084.81

THE BANK OF NEW YORK MELLON CORP 28,217 1,465,520.44

TORO CO 5,607 482,045.56

TRACTOR SUPPLY COMPANY 2,211 513,186.81

TRANSCAT INC 13,855 1,075,092.66

TRIMBLE NAVIGATION LTD 10,921 790,434.68

TRUIST FINANCIAL CORP 10,141 592,157.33

TYSON FOODS INC. CL-A 6,064 518,995.93

U S PHYSICAL THERAPY 16,027 1,576,148.27

UBER TECHNOLOGIES INC 28,227 933,102.76

UNITED RENTALS INCORPORATED 11,382 4,060,642.27

UNIVERSAL HEALTH SERVICES CL B 10,741 1,546,788.86

US XPRESS ENTERPRISES INC-A 352,295 1,528,618.07

VALERO ENERGY CORP. 39,115 3,747,819.37

WALGREENS BOOTS ALLIANCE INC 20,527 944,415.55

WESTROCK COMPANY 44,748 2,098,638.41

WHIRLPOOL CORP 7,679 1,406,740.58

WILLSCOT MOBILE MINI HOLDINGS 96,400 3,562,584.05

WORKDAY INC-CL A 2,472 594,093.04

WP CAREY INC 13,304 1,061,008.63

XYLEM INC. 7,488 649,768.95

7,271,143TOTAL: 356,756,129.43

CostContracts Domestic Futures - Internally Managed


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

RUSSELL 2000 FUTURES JUN 22 1,372 135,375,706.48

S&P 500 EMINI FUTURES JUN 22 4,338 909,482,110.29

5,710TOTAL: 1,044,857,816.77

CostShares International/Internally Managed Funds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

ABU DHABI ISLAMIC BK(AE) 249,998 623,291.57

ABU DHABI NATIONAL OIL CO FO 500,000 559,066.07

AFRICAN RAINBOW MINERALS LTD 52,975 954,844.72

ALDAR PROPERTIES PJSC 240,000 294,353.92

ALIBABA GROUP HOLDING LTD 500,000 6,071,998.91

AMBEV SA-ADR 2,100,000 5,541,274.53

ANGLO AMERICAN ORD 25,020 1,277,992.04

ANHUI CONCH CEMENT CO LTD-H 410,000 1,917,304.37

ARCELORMITTAL 129,979 3,866,592.40

ASML HOLDING NV 44,187 26,794,523.92

ASTRA INTERNATIONAL TBK PT 3,358,400 1,491,787.74

AUTO TRADERS GROUP PLC 398,277 3,479,573.13

AXIS BANK LTD 240,000 2,298,354.91

BAJAJ AUTO 38,403 1,798,364.75

BALKRISHNA INDUSTRIES 14,523 389,712.71

BANCO SANTANDER CHILE 16,021,829 860,430.44

BANK MANDIRI 14,000,000 7,583,336.88

BARRICK GOLD CORP 650,700 15,638,297.17

BB SEGURIDADE PARTICIPACOES 800,700 3,567,329.63

BCE INC 86,300 4,649,255.80

BDO UNIBANK INC 331,600 814,676.12

BHARAT ELECTRONICS LIMITED 472,509 1,291,850.23

BHARAT FORGE LIMITED 322 2,989.53

BHARAT PETROLEUM CORP LTD 72,457 345,316.98

BIOMERIEUX 7,427 699,447.67

BP PLC 450,296 2,190,314.09

BRASKEM SA-PREF A 147,800 1,371,605.54

BRENNTAG SE 27,546 2,079,068.32

BRITANNIA INDUSTRIES LTD 928 38,101.65

BUNZL ORD 25P 169,377 6,248,944.83

CEMEX ADR 237,000 1,193,913.02

CGN POWER CO LTD-H 7,305,000 1,843,432.70

CHINA OVERSEAS PROPERTY HOLD 580,000 485,535.07

CHINATRUST FINANCIAL HOLDING CO. 3,401,000 3,190,875.14

CIA VALE DO RIO DOCE 59,500 1,133,771.08

CJ O SHOPPING CO., LTD 4,700 518,006.31

CNPC HONG KONG LIMITED 438,000 308,919.63

COAL INDIA 10,378 25,868.94

COCA-COLA FEMSA SAB 71,030 372,982.62

COUPANG INC 57,000 994,327.23

CYFROWY POLSAT SA 124,905 812,839.54

DA AN GENE CO LTD SUN YAT-A 260,000 775,530.70

DEUTSCHE POST AG 20,000 917,567.56



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

DEUTSCHE TELEKOM 152,033 2,659,294.53

DIASORIN SPA 13,101 1,777,810.10

DOOSAN BOBCAT INC 32,260 1,034,281.31

ELEKTA AB-B 1,850,000 15,008,463.48

EMIRATES NBD PJSC 300,000 1,166,045.86

EMPIRE CO LTD A 113,800 3,915,406.07

ENAGAS 228,850 5,099,008.39

ENERGISA UNIT 152,800 1,440,817.57

FIRST FINANCIAL 3,581,000 3,286,791.90

FLUTTER ENTERTAINMENT PLC 40,000 4,415,201.05

GAIL INDIA 146,818 294,739.46

GEA GROUP 96,673 3,847,455.24

GERDAU SA 102,800 606,265.90

GRASIM INDUSTRIES LTD 17,256 374,335.63

GUDANG GARAM(PERUS 218,500 465,594.03

GUJARAT AMBUJA CEMENTS LTD 60,263 236,981.48

HANA FINANCIAL GROUP 11,850 465,123.65

HANGCHA GROUP CO LTD 962,904 2,035,984.35

HEINEKEN HOLDING NV 48,826 3,600,386.93

HELLENIC TELECOMMUNICATIONS 58,835 1,043,292.25

HENKEL AG AND CO 52,994 3,731,263.10

HERO HONDA MOTORS LIMITED 786 24,744.56

HIKMA PHARMACEUTICALS 99,126 2,597,460.81

HKT TRUST AND HLT LTD 1,145,000 1,538,790.93

HYUNDAI MERCH MARI 75,000 1,976,829.89

HYUNDAI ROBOTICS CO LTD 31,009 1,333,599.87

IA FINANCIAL CORP 54,600 3,120,871.66

IMPERIAL BRANDS PLC 202,798 4,095,190.85

INDIAN OIL CORPORATION LTD 178,772 283,963.82

INDOCEMENT TUNGGAL PRAKARSA 1,280,000 964,239.36

INDUS TOWERS LTD 1,683,279 4,745,659.00

INDUSTRIAL BANK OF KOREA 56,510 479,622.52

INDUSTRIES QATAR 561,109 2,879,691.85

INFINEON TECHNOLOGIES AG 475,532 15,390,823.79

INFOSYS TECHNOLOGIES LTD 72,757 1,826,535.25

INFRASTRUTTURE WIRELESS ITAL 243,573 2,488,381.34

ING GROEP NV NLG1 2,055,838 21,029,777.73

INSURANCE AUSTRALIA GROUP 1,000,000 3,264,479.84

INTL CONTAINER TER 168,240 705,407.73

INVESTOR AB-B SHS 101,501 1,997,053.20

ISHARES MSCI CANADA 100,000 4,032,109.27

ISHARES MSCI EAFE INDEX FUND 624,296 44,571,337.62

ISHARES MSCI JAPAN 90,000 5,419,945.04



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

JAMES HARDIE INDUSTRIES PLC 316,376 9,977,661.05

JD SPORTS FASHION PLC 577,533 1,048,979.76

JDE PEETS 80,216 2,399,453.10

JFE HOLDINGS INC 544,200 7,541,200.86

JOINN LABORATORIES CHINA C-A 28,300 499,227.43

JSW STEEL LTD 10,557 101,602.13

KOMERCNI BANKA 55,811 1,936,799.39

KONINKLIJKE DSM NV 91,235 15,413,038.71

KRANESHARES CSI CHINA INTERN 130,000 4,175,519.35

KUMHO PETRO CHEMICAL CO LTD 3,308 407,621.69

LARSEN AND TOUBRO INFO 4,179 336,676.49

LLOYDS TSB GROUP O 6,000,000 3,555,334.73

LOBLAW COMPANIES LTD 122,500 10,731,871.77

LPP SA 60 127,551.45

LUNDIN ENERGY AB 216,125 8,869,845.77

MANILA ELECTRIC COMPANY 61,740 437,332.93

MARICO LTD 3,412 21,637.31

MEDIATEK INC 146,000 5,057,353.11

METRO INC -A 153,100 8,632,355.19

MOL MAGYAR OLAJ-EX GAZIPARI 57,602 445,509.59

MOWI ASA 50,000 1,153,963.30

NAN YA PRINTED CIRCUIT BOARD 113,000 1,853,632.32

NATIONAL GRID GROU 232,242 3,475,872.57

NESTLE SA CHF 9,843 1,185,212.15

NEW CHINA LIFE INSURANCE H 780,400 1,994,299.26

NKSJ HOLDINGS, INC 73,400 2,996,706.36

NUTRIEN LTD 31,300 3,061,863.12

ORPEA 48,449 1,882,562.37

OTP BANK 13,476 505,352.50

PAGE INDUSTRIES 2,644 1,450,360.91

PARADE TECHNOLOGIES LTD 28,000 1,609,917.69

PEMBINA PIPELINE CORP 337,600 12,387,099.68

PEOPLES INS A 1,018,000 693,788.16

PEOPLES INSURANCE CO GROUP H 3,062,000 891,599.88

PETROCHINA CO 7,740,000 4,066,024.38

PETROL BRASILEIROS 987,700 5,994,807.16

PETROLEO BRASILEIRO S.A. 80,700 536,147.24

PETRONET LNG LTD 61,210 156,513.77

PHARMARON BEIJING CO LTD-A 19,200 311,718.85

PHILIPS ELECTRONICS 501,612 15,900,130.83

POSTE ITALIANE SPA 496,800 5,444,247.57

POWER ASSETS HOLDINGS LTD SHS 633,000 4,129,842.06

POWER GRID CORP OF INDIA 163,745 460,995.80



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

PT TELEKOMUNIKASI 16,721,000 5,378,726.26

QATAR ELECTRICITY AND WATER 151,414 737,767.13

QATAR GAS 1,217,737 1,227,830.56

QATAR INTERNATIONAL ISLAMIC 309,020 871,487.48

REALTEK SEMICONDUCTOR 26,000 412,566.53

RED ELECTRICIA CORPORACION 241,740 4,756,503.32

RICHTER GEDEON 56,943 1,216,374.14

RIO TINTO LIMITED 21,111 1,854,519.47

SAGE GROUP PLC 375,518 3,239,547.37

SAHARA INTL PETROCHEM 213,178 2,807,301.42

SAMSUNG ELECTRONICS-PFD 38,000 2,006,481.52

SANLAM LTD ORD ZAR 262,212 1,170,013.99

SAP AG 30,000 3,314,862.29

SAUDI ARAB FERTILIZER 80,500 4,046,067.55

SCHIBSTED ASA - B SHS 46,199 1,159,297.41

SCHIBSTED ASA NWKR 83,067 2,346,834.76

SCOUT24 AG 53,436 3,088,479.38

SECURITAS AB 500,000 5,813,441.98

SEEGENE INC 19,971 825,910.54

SHELL 700,000 18,053,872.20

SINO LAND CO ORD H 1,230,000 1,536,981.20

SINOPHARM GROUP CO H 941,200 2,089,331.29

SKF AB-B 300,000 5,006,335.99

SNAM RETE GAS 1,850,768 10,201,204.13

SUN PHARMACEUTICAL INDUSTRIES 13,658 163,309.11

SUNCOR ENERGY INC 292,100 9,256,970.39

SWIRE PROPERTIES LTD 576,600 1,427,033.57

SWISS PRIME SITE-REG 1,032 100,666.78

SWISS RE AG 65,000 5,655,136.64

SYMRISE AG 89,037 9,647,226.66

TAIWAN SEMICONDUCTOR MANUFACTURING 327,000 6,534,279.22

TATA STEEL LIMITED 33,114 584,525.04

TECHTRONIC INDUSTRIES CO 203,000 3,278,297.72

TENCENT HOLDINGS LTD HKD 0.0001 19,400 1,005,548.62

TERNA SPA 1,069,971 8,582,275.24

TESCO PLC 1,041,533 3,787,541.38

TIANSHUI HUATIAN TECHNOLOG-A 414,200 708,395.72

TINGYI HLDG CO 1,412,000 2,395,506.82

TONGFU MICROELECTRONIC CO-A 256,500 677,429.00

TOTAL SA 300,000 15,311,253.44

TRAVELSKY TECHNOLOGY 600,000 990,628.55

TREASURY WINE ESTATES LTD 390,852 3,263,654.04

TURK SISE VE CAM FABRIKALARI 563,325 527,380.27

CostSharesInternational/Internally Managed Funds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

UBISOFT ENTERTAINMENT 100,000 4,376,845.72

ULTRATECH CEMCO LTD 420 35,707.60

UNIMICRON TECHNOLOGY CORP 136,000 1,066,367.36

UNITED TRACTORS TBK PT 1,128,400 1,986,904.09

UPL LTD 2,054 21,273.32

UTD UTILITIES ORD 390,962 5,510,913.94

VANGUARD INTERNATIONAL SEMI 590,000 2,419,032.53

VEDANTA LTD 78,909 428,769.56

VENUSTECH GROUP INC-A 720,217 2,639,225.71

VINCI GTM 150,000 15,300,265.80

VODAFONE GROUP 1,000,000 1,541,964.13

WANT WANT CHINA HOLDINGS LTD 2,658,000 2,604,671.95

WEST FRASER TIMBER CO LTD 98,200 9,129,475.42

WESTON (GEORGE) LTD 50,400 6,092,612.09

WIPRO 47,361 376,779.24

WOLTERS KLUWER NV 111,862 11,128,960.00

WORLDLINE SA 100,000 4,218,439.44

YANG MING MARINE TRANSPORT 205,000 973,950.38

138,443,051TOTAL: 679,354,812.46

*IN MARCH, THE BASKET SWAP WITH A NOTIONAL OF $300 MILLION ON DEVELOPED MARKETS MATURED FOR $290 MILLION AND WASRENEWED WITH A $175 MILLION NEW SWAP.

Cost International/Externally Managed Funds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

ACADIAN ASSET - EQUITIES 27,157,167.38

ALLIANCE BERNSTEIN EAFE-EQUITIES 82,475,762.60

AMERICAN CENTURY - EQUITIES 21,966,509.99

ARROWSTREET CAPITAL - EQUITIES 281,223,604.43

GENESIS - EQUITIES 17,967,340.39

LAZARD ASSET MGT - EQUITIES 19,186,193.94

MFS EQUITIES 167,821,205.06

WELLINGTON MGT - EQUITIES 270,456,082.43

WELLINGTON SC - EQUITIES 8,244,891.05

TOTAL: 896,498,757.27

CostShares Global Equities


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

ADARO ENERGY PT 2,463,200 481,126.92

ADVANCED MICRO DEVICES INC. 7,600 874,066.06

AIRBNB INC-CLASS A 2,200 331,920.04

ALGONQUIN POWER AND UTILITIES 31,300 467,758.82

ALIMENATION COUCHE-TARD INC 31,400 1,265,862.33

ALNYLAM PHARMACEUTICALS INC 4,000 642,496.52

AMAZON.COM INC 1,300 3,926,206.44

AMUNDI SA 11,954 834,654.33

ANGLO AMERICAN PLATINUM LTD 2,623 368,183.35

ARCELORMITTAL 63,491 2,010,965.09

ARKEMA 7,239 886,469.11

AVALARA INC 3,500 296,073.78

AXA EUR 2.29 113,118 3,192,964.68

BANCO BILBAO - BBVA 180,874 1,070,453.15

BANK OF MONTREAL 31,500 3,764,051.18

BARRICK GOLD CORP 91,600 2,151,059.83

BAUSCH HEALTH COS INC 26,100 602,882.78

BAYERISCHE MOTOREN WERKE-PFD 10,666 815,380.18

BCE INC 14,400 774,792.58

BDO UNIBANK INC 337,920 855,646.05

BILL.COM HOLDINGS INC 1,700 329,682.42

BIO RAD LABS INC 2,200 1,243,961.14

BIOMERIEUX 7,749 818,728.20

BRASKEM SA-PREF A 79,100 704,160.91

BRENNTAG SE 12,802 1,024,359.62

BROTHER INDUSTRIES 45,600 858,635.93

CAN IMPERIAL BK OF COMMERCE 27,000 3,442,333.88

CANADIAN NATURAL RESOURCES 5,700 331,225.06

CENOVUS ENERGY INC 84,000 1,282,660.12

CHANGSHA ZOOMLION H 442,000 270,318.39

CHUBU ELECTRIC POWER CO INC 86,700 885,982.50

CIA VALE DO RIO DOCE 83,500 1,477,180.29

CLOUDFLARE INC - CLASS A 5,400 549,801.57

CNPC HONG KONG LIMITED 384,000 300,801.28

COTERRA ENERGY INC 31,900 752,853.76

CYFROWY POLSAT SA 83,720 557,390.20

DAI-ICHI LIFE INSURANCE 98,800 2,104,563.40

DAIMLER-BENZ AG 29,591 2,122,354.86

DAVIDE CAMPARI-MILANO SPA 78,647 854,620.70

DEXCOM INC 4,000 1,750,473.63

DIGITAL REALTY TRUST INC 16,900 2,308,425.24

DOCUSIGN INC 9,400 775,801.39

DOORDASH INC - A 4,400 401,117.18



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

DOOSAN BOBCAT INC 24,271 788,483.14

ELECTRICITE DE FRANCE 85,595 834,768.43

ELECTROLUX AB-B 48,069 842,022.95

ENAGAS 36,510 787,637.78

ENEOS HOLDINGS INC 265,500 998,895.17

ENERGISA UNIT 83,100 701,897.21

ENGIE 157,245 2,043,774.49

ENI SPA 191,492 2,692,308.35

EQUINIX INC 600 425,540.33

EUROFINS SCIENTIFIC 14,626 1,439,094.12

EXOR NV 8,102 607,910.51

FAIRFAX FINANCIAL HLDGS LTD 2,100 1,018,994.20

FORTUM OYJ 48,652 974,702.49

GEA GROUP 10,468 443,723.27

GILEAD SCIENCES INC. 8,200 473,491.92

GOLD FIELDS LIMITE 21,022 345,853.04

GRUPO MEXICO SAB DE CV 62,700 315,239.48

HEIDELBERGER CEMENT 14,587 939,834.19

HELLENIC TELECOMMUNICATIONS 44,349 829,227.94

HELLOFRESH 20,828 911,470.58

HKT TRUST AND HLT LTD 608,000 834,426.68

HYUNDAI MERCH MARI 31,279 841,896.00

HYUNDAI ROBOTICS CO LTD 17,460 760,453.44

IA FINANCIAL CORP 14,700 875,232.49

IIDA GROUP HOLDINGS CO LTD 42,200 775,303.48

IMPERIAL OIL LTD 21,500 924,895.11

INDUSTRIES QATAR 165,072 860,957.85

INDUSTRIVARDEN A 29,043 834,744.72

INPEX HOLDINGS INC 85,800 920,441.49

INSULET CORP 1,400 336,200.19

INTESA SANPAOLOA SPA 1,165,423 2,754,063.42

ITOCHU CORP Y50 89,000 2,985,052.22

JAMES HARDIE INDUSTRIES PLC 44,840 1,551,265.57

JAPAN TOBACCO INC 112,200 1,941,958.70

JARDINE MATHESON HLDGS LTD 15,600 896,040.27

KB FINANCIAL GROUP INC 7,960 385,702.98

KEYERA CORP 18,300 435,721.02

KOMERCNI BANKA 22,715 852,621.11

KOREA ELEC POWER K 22,567 457,273.91

KUMBA IRON ORE LTD 18,706 767,187.24

KUMHO PETRO CHEMICAL CO LTD 2,902 381,295.04

LA FRANCAISE DES JEUX SAEM 8,568 346,647.96

LANXESS 16,790 779,472.54



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

LEGRAND SA 21,386 2,110,670.47

LOBLAW COMPANIES LTD 15,600 1,405,112.30

L''OREAL FRF10 10,301 4,092,157.33

LPP SA 335 794,510.35

LUNDIN ENERGY AB 22,786 844,116.17

MASIMO CORP 4,100 614,204.32

MITSUBISHI CORP Y5 80,600 2,866,304.42

MODERNA INC 2,400 395,616.02

MONGODB INC 1,800 641,050.14

MONOLITHIC POWER SYSTEMS INC 3,100 1,360,632.80

NAN YA PRINTED CIRCUIT BOARD 27,000 458,858.80

NATURGY ENERGY GROUP 29,133 779,666.97

NETFLIX INC 1,000 354,761.40

NEW CHINA LIFE INSURANCE H 274,100 740,416.44

NEW WORLD DEVEL CO 218,000 820,123.80

NIPPON STEEL CORP 28,200 513,812.22

NIPPON TEL and TEL CP 95,600 2,781,969.05

NKSJ HOLDINGS, INC 33,700 1,512,583.21

NORDEA BANK AB 271,608 3,055,155.58

NOVAVAX INC 4,300 334,149.67

NOVOCURE LTD 4,600 332,612.96

NUTRIEN LTD 33,800 3,263,137.02

ONEX CORPORATION 12,000 799,847.63

ORIX CORP Y50 100,000 1,959,716.10

ORPEA 17,893 715,011.15

PEMBINA PIPELINE CORP 51,900 1,885,633.37

PEOPLES INSURANCE CO GROUP H 2,477,000 753,965.90

PERSOL HOLDINGS CO LTD 26,700 545,861.27

PETROL BRASILEIROS 120,500 725,440.51

PETROLEO BRASILEIRO S.A. 349,600 2,293,992.67

PFIZER INC. 11,700 621,446.90

PLUG POWER INC 12,800 311,445.82

PT TELEKOMUNIKASI 4,542,600 1,448,974.77

QATAR GAS 742,576 750,863.33

QATAR INTERNATIONAL ISLAMIC 189,105 540,524.12

RED ELECTRICIA CORPORACION 45,072 853,212.55

REGENERON PHARMACEUTICAL 4,100 2,793,942.27

RESMED INC 1,600 407,873.23

RINGCENTRAL INC-CLASS A 7,100 770,707.17

RIO TINTO LIMITED 30,850 2,490,304.80

RITCHIE BROS. AUCTIONEERS 14,600 863,193.91

ROYAL BANK OF CANADA 9,000 1,000,552.20

SAHARA INTL PETROCHEM 29,926 404,551.90



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

SARTORIUS STEDIM BIOTECH 2,669 1,033,886.21

SAUDI ARAB FERTILIZER 18,784 942,156.88

SEAGEN INC 2,300 317,421.56

SEEGENE INC 7,903 343,484.29

SERVICENOW INC 600 328,230.47

SHARP CORP JPY50 71,600 687,645.56

SINOTRUK (HONG KONG) 34,000 46,261.14

SK INNOVATION CO., LTD 46 7,744.88

SNAM RETE GAS 171,733 924,607.89

SUMITOMO CHEMICAL 204,000 947,293.12

SUNCOR ENERGY INC 97,400 2,914,768.84

SWIRE PACIFIC 'A'H 139,000 781,844.20

TATA STEEL LIMITED 61,288 1,034,560.15

TECHTRONIC INDUSTRIES CO 22,000 371,554.56

TELADOC INC 12,800 777,288.57

TELECOM ITALIA SPA 2,584,687 857,651.13

TINGYI HLDG CO 220,000 389,009.84

TIS INC 37,000 860,537.94

TORONTO-DOMINION BANK 71,600 5,721,218.30

TOSOH CORP Y50 56,900 884,155.42

TOTAL SA 95,824 4,820,127.50

TRADE DESK INC/THE -CLASS A 7,300 446,152.94

TWILIO INC - A 3,500 499,751.27

TYLER TECHNOLOGIES I 800 333,701.87

UNICREDIT SPA 179,833 2,026,103.05

UNIPER SE 31,647 834,627.61

UNITED TRACTORS TBK PT 393,700 703,506.59

VEEVA SYSTEMS INC. - CL A 9,100 1,698,301.39

WANT WANT CHINA HOLDINGS LTD 658,000 695,221.95

WEST FRASER TIMBER CO LTD 10,100 970,246.37

WESTON (GEORGE) LTD 7,400 913,213.89

XINYI GLASS HOLDING CO 337,000 824,976.51

YAMAHA MOTOR CO LTD 41,200 852,645.44

ZOOM VIDEO COMMUNICATIONS 3,700 390,006.79

ZSCALER INC 1,500 309,763.47

24,347,820TOTAL: 181,172,518.51

Cost Real Estate - Direct


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

55-15 GRAND AVE 6,262,500.00

TOTAL: 6,262,500.00

CostShares Real Estate - REIT


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

AGREE REALTY CORP 876 56,142.84

ALEXANDRIA REAL ESTATE 11,771 2,303,349.28

AMERICAN HOMES 4 RENT-A 9,599 379,832.43

ARMADA HOFFLER PROPERTIES INC 6,179 92,005.31

CUBESMART 1,820 91,928.20

CYRUSONE INC. 1,520 137,240.80

EQUITY LIFESTYLE PROPERTIES INC 1,590 120,887.70

FEDERAL REALTY INV. 95 11,154.90

GAMING AND LEISURE PROPERTIES INC. 5,546 249,902.76

INDEPENDENCE REALTY TRUST 125,039 3,177,240.99

ORION OFFICE REIT INC 975 16,809.00

PHILLIPS EDISON & CO 100,240 3,244,768.80

POSTAL REALTY TRUST 4,699 79,742.03

REXFORD INDUSTRIAL REALTY INC 8,259 598,860.09

SL GREEN RE CORP 112 9,196.32

SPIRIT REALTY CAPITAL INC. 3,458 159,725.02

STAG INDUSTRIAL INC 1,117 45,998.06

UDR INC 6,440 368,754.40

UMH PROPERTIES INC 1,102 27,087.16

WP CAREY INC 2,696 215,760.88

293,133TOTAL: 11,386,386.97

Cost Real Estate - Funds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

AREOF III LP 4,418,792.00

ARES EUROPEAN PROPERTY PTNRS III 6,666,253.39

BLACKSTONE RE PARTNERS IX 109,925.87

BLACKSTONE RE PARTNERS V (BREPV) 2,108,203.68

BLACKSTONE RE PARTNERS VIII 566,301.41

CBRE ASIA VALUE PARTNERS V 2,010,164.00

CBRE EUROPE VALUE PARTNERS 2 283,812.84

HARRISON STREET RE PARTNERS VII 384,615.00

JP MORGAN EOP FUND IV 4,502,179.47

WESTBROOK FUND IX 49,307.00

WESTBROOK FUND VII 18,395.00

WESTBROOK FUND VIII 23,342.00

WESTBROOK FUND X 93,743.00

WESTBROOK FUND XI 9,129,748.00

TOTAL: 30,364,782.66

Cost AI Private Equity – Domestic Private Equity


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

GCM MMIF (2010 Series) 2,000,000.00

GCM MMIF (2013 Series) 740,000.00

HIG STRATEGIC PARTNERS FUND, L.P. 19,561,154.07

JADE EQUITY INVESTORS LP 4,732,727.00

SUMMIT PARTNERS GROWTH EQUITY FUND X 887,999.00

SUMMIT PARTNERS VENTURE CAPITAL FUND IV 915,000.00

SUMMIT PARTNERS VENTURE CAPITAL FUND V 2,360,737.00

THOMA BRAVO DISCOVER FUND II, L.P 4,227,684.00

VISTA EQUITY PARTNERS FUND VI 3,424,490.00

TOTAL: 38,849,791.07

Cost AI Private Equity – Global/International Private Equity


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

ADVENT INTERNATIONAL GPE IX, L.P. 15,596,880.00

ASIA ALTERNATIVES CAPITAL PARTNERS V, L. 374,885.00

AXIOM ASIA 6, LP 1,365,000.00

HERMES GPE OHIO SIDECAR II, L.P. 350,085.45

TOTAL: 17,686,850.45

Cost AI Private Equity – Venture Capital


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

GENERAL CATALYST GROUP XI - CREATION 735,201.38

GENERAL CATALYST GROUP XI - ENDURANCE 3,870,522.47

GENERAL CATALYST GROUP XI - FEEDER, LP 944,907.09

GENERAL CATALYST GROUP XI - IGNITION, LP 883,806.95

GENERAL CATALYST GRP X GRWTH VENTURE FND 565,217.38

MOONRISE CHINA PARTNERS I 1,404,553.00

MOONRISE CHINA PARTNERS II 2,502,727.00

MOONRISE VENTURE PARTNERS II 2,928,368.00

MOONRISE VENTURE PARTNERS III 1,005,385.00

TIGER IRON GREAT RIVER FUND 998,684.93

TIGER IRON GREAT RIVER FUND II 4,907,273.20

TOTAL: 20,746,646.40

Cost AI Opportunistic Diversified


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

AG CREDIT SOLUTIONS II, LP 5,000,000.00

ALBACORE PRTNRS III FEEDER (DELAWARE) LP 6,245,189.72

ANGELO GORDON CREDIT SOLUTIONS FUND 3,000,000.00

ARCMONT CAPITAL SOLUTIONS FUND I 2,852,667.25

BCI BURKE HOLDING CORP 14,775,000.00

CRESTLINE SPECIALTY LENDING III (US), LP 6,268,803.00

ENCAP ENERGY CAPITAL FUND XI 3,567,995.90

ENCAP FLATROCK MIDSTREAM FUND IV 37,692.31

EQT INFRASTRUCTURE V (NO.2) 4,403,358.94

FORTRESS LENDING FUND III, LP 5,000,000.00

FRANCISCO CREDIT PARTNERS II 5,500,000.00

GCM INFRASTRUCTURE (2009 Series) 150,000.00

NB CREDIT OPP CO-INV AFFORDBLE CARE I LP 24,563,297.00

OXFORD FINANCE 1,154,340.60

REVERENCE CAP PARTNRS CREDIT OPP III, LP 2,110,603.25

STONE POINT CREDIT CORPORATION 5,991,633.32

TSSP ADJACENT OPPORTUNITIES CONTINGENT 1,811,372.00

TSSP CAPITAL SOLUTIONS (A) 7,546,608.00

TSSP OPPORTUNITIES PARTNERS IV 4,724,469.00

TOTAL: 104,703,030.29

CostShares AI - Stock Distribution


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

AIRBNB INC-CLASS A 1,732 299,946.93

1,732TOTAL: 299,946.93

CostSharesYieldAI Liquid Alternatives - Internally Managed


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

ABBOTT LABORATORIES 45 5,512.05

ABBVIE INC. 46 7,325.04

ACCENTURE PLC 17 5,507.83

ACTIVISION BLIZZARD INC 20 1,576.00

ADVANCED MICRO DEVICES INC. 43 4,880.50

AIR PROD. AND CHEM. 6 1,390.26

ALIGN TECHNOLOGY INC 2 885.82

ALPHABET INC 8 21,780.40

AMAZON.COM INC 11 35,475.55

AMERICAN ELECTRIC POWER 13 1,223.43

AMERICAN INTL GROUP 21 1,282.47

AMERICAN TOWER CORP 11 2,668.27

ANTHEM INC. 6 2,868.36

AON PLC 6 1,910.52

APPLE INC. 402 65,936.04

AT T INC 187 4,349.62

ATLASSIAN CORP PLC - CLASS A 3 884.31

AUTODESK INC. 6 1,280.04

BAXTER INTL 13 1,029.08

BECTON DICKINSON AND COMPANY 8 2,096.64

BERKSHIRE HATHAWAY INC. CLASS B 47 16,095.15

BIOGEN IDEC INC 3 625.83

BLACKROCK INC 3 2,215.89

BLACKSTONE INC 230 28,264.70

BLOCK INC. 13 1,828.84

BOEING CO 14 2,700.18

BOOKING HOLDINGS INC 1 2,186.35

BOSTON SCIENTIFIC CORP. 37 1,637.62

BROADCOM LTD 58 35,406.10

CATERPILLAR INC. 14 3,093.30

CENTENE CORP 15 1,316.70

CHEVRON CORP. 51 8,250.27

CHUBB LIMITED 12 2,538.60

CIGNA HOLDING CO. 9 2,170.80

CISCO SYSTEMS 110 6,161.10

CITIGROUP INC. 52 2,984.28

CME GROUP INC 9 2,246.76

COCA COLA CO. 102 6,134.28

COGNIZANT TECH SOLUTIONS CORP 13 1,192.88

COLGATE PALMOLIVE 22 1,589.28

CONOCOPHILLIPS 35 3,487.40

CONSTELLATION BRANDS INC-A 5 1,129.85

CONSTELLATION ENERGY GROUP 9 441.45



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

COSTCO WHOLESALE CORP. 12 6,736.68

CROWN CASTLE INTL CO 11 1,924.12

CSX CORP. 57 2,071.95

CVS HEALTH CORP 35 3,756.90

DANAHER CORP 17 4,967.91

DEERE AND CO. 7 2,892.33

DELL TECHNOLOGIES - C 7 363.09

DEVON ENERGY CORPORATION 5,436 316,973.16

DIGITAL REALTY TRUST INC 8 1,112.24

DISNEY (WALT) CO. 47 6,595.98

DOLLAR GENERAL CORP. 6 1,378.02

DOMINION ENERGY INC 21 1,707.51

DUKE ENERGY CORPORATION 20 2,101.80

EATON CORP PLC 10 1,556.20

EBAY INC 17 953.02

ECOLAB INC 7 1,198.26

EDWARDS LIFESCIENCES 16 1,804.96

ELI LILLY AND COMPANY 23 6,616.64

EMERSON ELECTRIC CO 16 1,552.64

EOG RESOURCES INC 15 1,737.60

EQUINIX INC 3 2,196.90

ESTEE LAUDER CO. 6 1,661.46

EXELON CORP 25 1,082.25

EXXON MOBIL CORPORATION 110 8,658.10

FAIR ISAAC INC. 224 110,138.56

FEDEX CORPORATION 6 1,313.70

FIDELITY NATIONAL INFORMATION SERVICE 16 1,533.76

FISERV INC. WISCONSIN 16 1,610.40

FORD MOTOR COMPANY 102 1,723.80

FREEPORT MCMORAN COOPER AND GOLD 38 1,828.56

GENERAL DYNAMICS CORP. 7 1,611.89

GENERAL ELECTRIC CO 29 2,773.27

GENERAL MOTORS CO 36 1,614.96

GILEAD SCIENCES INC. 32 1,902.72

GOLDMAN SACHS GROUP INC 9 3,108.78

HCA HEALTHCARE INC 7 1,825.04

HUMANA INC. 3 1,321.95

ILLINOIS TOOL WORKS 8 1,698.96

ILLUMINA INC. 4 1,384.60

INTEL CORP. 106 5,033.94

INTERCONTINENTAL EXCHANGE INC 14 1,917.16

INTL BUS MACH CORP 23 2,962.40

INTUIT INC. 7 3,359.37



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

INTUITIVE SURGICAL INC 9 2,611.35

JOHNSON AND JOHNSON 69 12,066.72

JPMORGAN CHASE AND CO. 76 10,650.64

KEURIG DR PEPPER INC 19 719.15

KIMBERLY-CLARK CORP 8 967.12

KINDER MORGAN INC. 51 887.40

KLA CORP. 4 1,460.36

KRAFT HEINZ CO/THE 18 677.88

KYNDRYL HOLDINGS INC 6 78.60

L3HARRIS TECHNOLOGIES INC 5 1,232.45

LAM RESEARCH CORP 4 2,178.72

LAS VEGAS SANDS CORP 9 351.00

MARRIOTT INT'L INC CL-A 7 1,198.61

MARSH AND MCLENNAN COS. 13 2,110.81

MCDONALDS CORPORATION 19 4,540.24

MEDTRONIC INC 35 3,857.70

MERCK AND CO INC 66 5,223.90

MICRON TECHNOLOGY INC 29 2,304.05

MICROSOFT CORP. 196 58,892.12

MODERNA INC 9 1,610.73

MONSTER BEVERAGE CORP NEW 10 806.30

MOODY'S CORPORATION 4 1,325.08

NETFLIX INC 11 4,187.04

NEWMONT CORP 20 1,480.00

NEXTERA ENERGY INC 51 4,202.91

NIKE INC. -CL B 32 4,200.96

NVIDIA CORP 63 16,667.91

NXP SEMICONDUCTORS NV 7 1,347.22

PAYPAL HOLDINGS INC 31 3,683.11

PEPSICO INC. 36 5,861.88

PFIZER INC. 146 7,964.30

PHILIP MORRIS INTERNATIONAL 41 3,851.54

PNC FINANCIAL SERVICES GROUP 11 2,123.11

PROCTER AND GAMBLE CO 63 9,461.97

PROGRESSIVE CORP 15 1,668.90

PROLOGIS INC. 19 3,043.80

PUBLIC STORAGE INC 4 1,463.00

QUALCOMM INC 29 4,466.87

RAYTHEON TECHNOLOGIES CORP 39 3,804.84

REGENERON PHARMACEUTICAL 24 16,463.52

RIVIAN AUTOMOTIVE INC-A 56 2,555.84

ROPER TECHNOLOGIES INC 3 1,405.74

ROSS STORES INC 9 840.33



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

S P GLOBAL INC 9 3,689.82

SALESFORCE INC 24 5,252.16

SCHLUMBERGER 36 1,431.72

SCHWAB (CHARLES) CORP 39 3,511.56

SEMPRA 8 1,250.64

SERVICENOW INC 33 19,137.36

SHERWIN-WILLIAMS CO 6 1,509.42

SNOWFLAKE INC CLASS A 43 9,584.27

SOUTHERN CO 28 1,905.96

SOUTHERN COPPER CORP 2 148.70

SPDR S AND P 500 ETF TRUST 3,215 1,415,145.91

STRYKER CORP. 9 2,406.42

SYSCO CORP. 13 1,056.64

TESLA INC 271 245,371.53

TEXAS INSTRS INC 24 4,323.36

THERMO FISHER SCIENTIFIC 11 6,480.43

T-MOBILE US INC. 15 1,908.30

TWILIO INC - A 4 638.80

UBER TECHNOLOGIES INC 42 1,402.80

UNION PACIFIC CORP. 16 4,181.76

UNITED PARCEL SERVICES INC 19 4,176.58

UNITEDHEALTH GROUP INC 24 12,147.84

US BANCORP 35 1,979.95

VERIZON COMMUNICATIONS 721 36,655.64

VERTEX PHARMAREUTICALS INC 7 1,743.84

VMWARE INC-CLASS A 5 576.75

WALGREENS BOOTS ALLIANCE INC 19 900.60

WASTE MANAGEMENT INC. 11 1,712.81

WORKDAY INC-CL A 26 6,334.64

ZOETIS INC 12 2,351.28

ZOOM VIDEO COMMUNICATIONS 5 581.60

14,465TOTAL: 2,849,818.19

CostContracts AI Liquid Alternative Hedge


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

S&P 500 EMINI FUTURES JUN 22 751 165,108,601.67

S&P 500 EMINI FUTURES MAR 22 1,409 300,873,175.00

SPX DEC 2022 @ 4150 CALL 3,105 1,543,042.79

SPX DEC 2022 @ 4150 PUT 3,105 781,157.14

SPX DEC 2022 @ 4200 CALL 3,713 1,705,027.79

SPX DEC 2022 @ 4975 PUT 945 612,181.02

SPX DEC 2022 @ 5275 CALL 8,491 199,164.90

SPX JUN 2022 @ 3825 PUT 2,975 187,579.70

SPX JUN 2022 @ 4100 PUT 1,151 132,765.04

SPX JUN 2022 @ 4122.24 PUT 7,824 923,232.00

SPX JUN 2022 @ 4122.24 PUT 7,824 923,232.00

SPX JUN 2022 @ 4125 CALL 5,879 2,172,762.58

SPX JUN 2022 @ 4285.96 PUT 7,408 1,067,994.17

SPX JUN 2022 @ 4750 PUT 645 268,144.99

SPX JUN 2022 @ 4973.58 CALL 7,824 62,592.00

SPX JUN 2022 @ 4975 CALL 1,199 9,548.41

SPX JUN 2022 @ 5000 CALL 7,110 48,888.44

SPX JUN 2022 @ 5063.19 CALL 7,824 39,120.00

SPX JUN 2022 @ 5322.13 CALL 7,408 7,408.00

SPX MAR 2022 @ 3616.45 PUT 25,895 77.69

SPX MAR 2022 @ 4100 CALL 5,825 1,624,079.90

SPX MAR 2022 @ 4100 PUT 2,450 502.25

SPX MAR 2022 @ 4125 CALL 14,400 3,662,452.80

SPX MAR 2022 @ 4125 PUT 1,147 270.69

SPX MAR 2022 @ 4530.50 CALL 25,895 4,614.64

SPX MAR 2022 @ 4700 CALL 1,125 5.63

SPX MAR 2022 @ 4825 PUT 121 53,952.69

SPX MAR 2022 @ 4850 PUT 100 47,138.90

SPX MAR 2023 @ 4250 CALL 1,255 602,695.18

SPX MAR 2023 @ 4250 PUT 5,225 1,699,623.53

SPX SEP 2022 @ 3975 PUT 2,400 387,069.78

SPX SEP 2022 @ 4075 CALL 3,233 1,583,191.05

SPX SEP 2022 @ 4075 PUT 1,124 197,443.41

SPX SEP 2022 @ 4875 PUT 270 144,573.01

SPX SEP 2022 @ 4975 CALL 996 33,472.67

SPX SEP 2022 @ 5100 CALL 316 5,966.14

SPX SEP 2022 @ 5125 CALL 6,855 115,541.71

SPX SEP 2023 @ 4800 PUT 540 344,421.44

SPX032023@4400CALL 1,100 420,530.00

SPX062024@4275PUT 9,200 4,257,760.00

SPX062024@4350CALL 4,700 2,921,783.20

SPX122023@4800CALL 16,800 5,207,210.40

217,562TOTAL: 499,979,994.35

CostPar ValueYieldAI Liquid Opportunistic Credit


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

TICP CLO DEBT SMA 0.000% 24,975,025 24,975,025.00

24,975,025TOTAL: 24,975,025.00

Cost AI Liquid Alternatives - Externally Managed


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022


(IRCABR0003)

WELLS FARGO PORTFOLIO RISK ADVISORS 1,210,294.06

TOTAL: 1,210,294.06

Par ValueLiquidity Reserve Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

9,999,773.22 10,000,000CASH MGMT BILL

39,997,450.00 40,000,000CASH MGMT BILL

14,998,781.25 15,000,000CASH MGMT BILL

19,998,779.78 20,000,000CASH MGMT BILL

24,997,652.78 25,000,000CASH MGMT BILL

49,971,025.00 50,000,000CASH MGMT BILL

29,982,360.83 30,000,000CASH MGMT BILL

39,971,893.33 40,000,000CASH MGMT BILL

124,750,208.33 125,000,000CASH MGMT BILL

30,000,000.00 30,000,000FEDERATED TREASURY OBLIG FUND



49,983,666.67 50,000,000TREASURY BILL

49,996,033.33 50,000,000TREASURY BILL

TREASURY BILL 50,000,000 49,992,183.33

644,639,807.85TOTAL 645,000,000

Par ValueFixed Income Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

MONDELEZ INTERNATIONAL 3,697,824.06 3,786,000

2.750% Baa1 04/13/2030

US TREASURY N/B 4,966,945.31 4,700,000

2.375% Aaa 05/15/2051

US TREASURY N/B 9,906,064.45 10,250,000

2.000% Aaa 11/15/2041

US TREASURY N/B 40,616,367.19 40,950,000

1.625% Aaa 10/31/2023

US TREASURY N/B 14,932,421.88 15,050,000

0.500% Aaa 03/15/2023

US TREASURY N/B 5,958,000 5,769,485.16

0.125% Aaa 10/15/2023

79,889,108.05TOTAL 80,694,000

Par ValueLiquid Treasury Portfolio Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

US TREASURY N/B 272,217.38 271,000

1.875% Aaa 07/31/2022

US TREASURY N/B 3,929,348.63 3,775,000

2.620% Aaa 02/15/2029

US TREASURY N/B 35,810.16 36,000

2.000% Aaa 11/15/2026

US TREASURY N/B 1,350,909.38 1,399,000

1.625% Aaa 08/15/2029

US TREASURY N/B 272,781.25 280,000

1.750% Aaa 11/15/2029

US TREASURY N/B 2,421,437.46 2,417,000

1.625% Aaa 12/15/2022

US TREASURY N/B 250,076.95 262,000

1.500% Aaa 02/15/2030

US TREASURY N/B 84,566.02 91,000

0.625% Aaa 03/31/2027

US TREASURY N/B 8,049,021.99 8,175,000

0.250% Aaa 04/15/2023

US TREASURY N/B 306,810.35 347,000

0.625% AAA 08/15/2030

US TREASURY N/B 5,822,928.60 5,896,000

0.125% Aaa 02/28/2023

US TREASURY N/B 7,660,000 7,540,312.50

0.125% Aaa 03/31/2023

30,336,220.67TOTAL 30,609,000

Fixed Income - Externally Managed Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

BNYMELLON - FIXED INCOME 49,223,969.82

FIDELITY - FIXED INCOME 8,793,695.82

JPMORGAN - FIXED INCOME 1,072,192.96

MFS - EMERGING DEBT FIXED INCOME 12,339,144.22

PAYDEN & RYGEL - FIXED INCOME 28,161,432.14

PGIM - FIXED INCOME 4,921,176.77

PIMCO - FIXED INCOME 2,595,330.00

107,106,941.73TOTAL

SharesDomestic Common Stocks/ Internally Managed Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

3D SYSTEMS CORP 67,465.55 4,600

3M COMPANY 300,265.46 2,025

AAON INC 78,641.37 1,400

ABBVIE INC. 4,764,888.68 30,000

ABM INDUSTRIES INC. 18,045.98 400

ACADEMY SPORTS & OUTDOORS IN 10,692.36 300

ACADIA HEALTHCARE CO INC 1,106,813.49 16,749

ACADIA PHARMACEUTICALS INC 37,566.36 1,600

ACCENTURE PLC 1,929,115.63 5,871

ACUITY BRANDS INC 502,124.50 2,615

ADDUS HOMECARE CORP 573,330.57 7,400

ADIENT PLC 527,544.57 14,100

ADOBE SYSTEMS INC. 2,259,565.41 5,082

ADTRAN INC. 43,278.39 2,200

ADVANCED DRAINAGE SYSTEMS INC 1,110,873.38 9,163

ADVANCED MICRO DEVICES INC. 1,907,286.53 16,794

ADVANSIX INC 132,519.76 2,600

AEROJET ROCKETDYNE HOLDINGS INC 56,742.91 1,500

AEVA TECHNOLOGIES INC 99,378.84 24,500

AFFILIATED MANAGERS GROUP 323,635.41 2,277

AGCO CORP. 282,681.79 2,198

AGILENT TECHNOLOGIES INC 346,836.66 2,577

ALARM.COM HOLDINGS INC 38,827.78 600

ALASKA AIRGROUP INC 1,257,974.41 23,410

ALBERTSONS CO INC 1,091,627.88 30,372

ALCOA CORP 753,736.24 9,663

ALKAMI TECHNOLOGY INC 20,696.69 1,600

ALLEGHANY CORP DEL 97,710.96 148

ALLEGIANCE BANCSHARES INC 116,857.44 2,600

ALLSTATE CORP 405,643.91 3,098

ALPHABET INC 785,288.94 295

ALPHABET INC CL C 3,342,859.55 1,229

ALTRA INDUSTRIAL MOTION CORP 190,005.93 4,700

ALTRIA GROUP INC 24,200,075.70 466,508

AMALGAMATED FINANCIAL CO 121,633.26 6,900

AMDOCS LIMITED 260,574.14 3,219

AMERCO 508,687.41 822

AMERICAN EAGLE OUTFITTERS 104,038.50 5,600

AMERICAN EXPRESS CO. 6,836,971.16 36,201

AMERICAN FINANCIAL GROUP INC. 158,744.58 1,126

AMERICAN INTL GROUP 11,314,262.82 198,371

AMERISOURCEBERGEN CORP 578,634.47 3,841



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

AMGEN INC 567,137.31 2,401

AMKOR TECHNOLOGY INC 17,871.98 800

AMN HEALTHCARE SERVICES INC 10,167.20 100

AMNEAL PHARMACEUTICALS INC 52,376.31 12,900

AMPHENOL CORP-CL A 182,860.99 2,426

ANALOG DEVICES 827,260.94 5,141

ANTHEM INC. 1,491,548.04 3,187

AON PLC 1,939,033.87 6,178

APELLIS PHARMACEUTICALS INC 54,081.68 1,200

APOLLO GLOBAL MANAGEMENT INC 1,266,387.44 20,860

APPLIED INDUSTRIAL TECH INC. 1,028,616.12 10,100

APPLIED MATERIALS INC. 6,865,288.05 56,466

APRIA INC 993,750.00 26,500

APTIV PLC 4,154,198.30 40,000

ARAMARK HOLDINGS CORP 209,510.86 5,782

ARCHER DANIELS MIDLAND CO 994,507.15 12,035

ARENA PHARMACEUTICALS INC 720,000.00 7,200

ARES MANAGEMENT CORP - A 207,767.39 2,740

ARGAN INC 184,482.05 4,600

ARGO GROUP INTL HOLDINGS 807,402.54 19,400

ARISTA NETWORKS INC 149,325.74 1,189

ARKO CORP 239,805.98 27,700

ARTISAN PARTNERS ASSET MANAGEMENT INC 455,358.18 12,100

ASBURY AUTOMOTIVE GROUP 115,026.91 600

ASSOCIATED BANC-CORP. 51,954.93 2,200

ASSURANT INC 526,679.67 3,019

ASSURED GUARANTY LTD 549,530.24 8,998

ATKORE INC 10,502.79 100

ATLANTIC UNION BANKSHARES CORP 103,789.65 2,600

AUTOMATIC DATA PROC. 269,813.67 1,257

AUTONATION INC 417,018.54 3,611

AVID BIOSERVICES INC 44,065.99 2,200

AVIDXCHANGE HOLDINGS INC 46,524.80 5,900

AVISTA CORP 1,315,361.11 29,300

AVNET INC. 268,860.51 6,216

AXALTA COATING SYSTEMS LTD 2,316,895.66 95,000

AXIS CAPITAL HOLDINGS LIMITED 91,895.64 1,694

AXOS FINANCIAL INC 24,638.22 500

AXSOME THERAPEUTICS INC 140,727.08 4,600

AZENTA INC 524,793.88 6,194

AZZ INC 410,204.34 8,400

BAKER HUGHES COMPANY 5,714,769.67 156,992



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

BANC OF CALIFORNIA INC 46,801.77 2,300

BANK OF AMERICA CORP. 13,469,902.06 345,978

BEACON ROOFING SUPPLY INC 149,467.87 2,400

BEAM THERAPEUTICS 124,415.54 2,100

BECTON DICKINSON AND COMPANY 2,336,169.38 9,000

BED BATH & BEYOND INC 226,441.98 10,900

BELLRING BRANDS INC 296,088.16 11,823

BENCHMARK ELECTRONICS INC 380,501.79 14,600

BENTLEY SYSTEMS INC-CLASS B 1,006,743.78 26,102

BERKLEY (WR) CORP 656,322.82 6,954

BERKSHIRE HATHAWAY INC. CLASS B 214,512.66 637

BERRY CORP 16,185.95 1,700

BERRY GLOBAL GROUP INC 57,108.00 958

BIGLARI HOLDINGS INC-B 93,898.92 600

BILL.COM HOLDINGS INC 65,202.92 326

BIO RAD LABS INC 182,172.99 321

BIOGEN IDEC INC 1,132,907.47 5,554

BIOMEA FUSION INC 28,007.85 5,000

BIO-TECHNE CORP 463,629.78 1,098

BIOVENTUS INC - A 103,268.43 7,612

BLACKLINE INC 159,216.68 2,300

BLACKSTONE INC 160,315.13 1,366

BLOOMIN' BRANDS INC 1,819,609.31 96,900

BLUE FOUNDRY BANCORP 86,166.59 6,400

BLUEBIRD BIO INC 35,376.69 7,700

BM TECHNOLOGIES INC 53,367.24 5,955

BOISE CASCADE CO 180,358.86 2,300

BORG WARNER INC. 4,080,478.07 112,503

BOSTON PROPERTIES INC 445,573.20 3,593

BOSTON SCIENTIFIC CORP. 4,423,911.20 103,000

BOYD GAMING CORP 343,747.58 5,051

BREAD FINANCIAL HOLDING 1,048,528.84 17,051

BRIDGEBIO PHARMA INC 66,263.95 7,300

BRIGHTHOUSE FINANCIAL INC 42,243.31 847

BRISTOL-MYERS SQUIBB 960,496.45 13,532

BRIXMOR PROPERTY GROUP INC 140,021.19 5,636

BROOKDALE SENIOR LIVING INC 458,506.25 68,200

BROOKFIELD INFRASTRUCTURE-A 48,781.63 700

BROWN AND BROWN INC 113,372.06 1,687

BRP GROUP INC-A 44,021.95 1,700

BRUKER CORP 208,187.46 3,115

BRUNSWICK CORP 4,183,650.87 50,745



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

BUNGE LIMITED 125,065.31 1,186

BURLINGTON STORES INC 12,602,223.13 65,000

BYLINE BANCORP INC 40,635.24 1,500

CABOT CORP 3,843,912.94 55,800

CACI INTERNATIONAL INC.-CL A 464,442.28 1,559

CACTUS INC - A 796,202.65 15,200

CADRE HOLDINGS INC 37,944.70 1,500

CAESARS ENTERTAINMENT INC 255,154.41 3,188

CALAMP CORP. 60,757.00 8,700

CALLAWAY GOLF COMPANY 56,973.06 2,400

CANOO INC 138,952.40 24,400

CAPITAL ONE FINANCIAL CORP. 544,947.58 3,970

CARA THERAPEUTICS INC 198,933.54 17,100

CARLISLE COS INC 238,262.41 969

CARMAX INC. 873,345.05 8,632

CARNIVAL CORP 977,445.96 51,691

CARPENTER TECHNOLOGY 25,884.25 700

CARRIER GLOBAL CORP 239,043.57 5,112

CARTER BANKSHARES INC 116,472.06 7,100

CARTERS INC 239,634.05 2,543

CASS INFORMATION SYSTEMS 15,624.92 400

CATALYST PHARMACEUTICAL INC 170,029.90 22,100

CATHAY GENERAL BANCORP 46,447.46 1,000

CATO CORP CL A 66,743.25 4,000

CAVCO INDUSTRIES INC 4,036,653.29 16,200

CBIZ INC. 96,911.50 2,400

CBRE GROUP INC 31,704,203.59 370,000

CBTX INC 40,786.38 1,300

CDW CORP 1,588,887.25 9,093

CELANESE CORP-SERIES A 2,449,484.15 17,080

CELLDEX THERAPEUTICS INC 204,673.35 6,300

CENTURY ALUMINUM COMPANY 631,228.39 28,200

CERIDIAN HCM HOLDING INC 853,113.00 13,113

CF INDUSTRIES HOLDINGS INC 821,620.82 9,235

CHAMPIONX CORP 98,779.97 4,100

CHARLES RIVER LABORATORIES 81,600.92 298

CHARTER COMMUNICATIONS INC-A 697,927.96 1,209

CHESAPEAKE UTILITIES CORP 40,678.83 300

CHEVRON CORP. 6,148,507.23 38,928

CHOICE HOTELS INTL INC 48,299.95 338

CIGNA HOLDING CO. 177,614.10 749

CINCINNATI FINANCIAL CORP. 694,779.86 5,318



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

CITIGROUP INC. 3,077,341.09 56,000

CIVISTA BANCSHARES INC 68,252.45 2,800

CLEAN HARBORS INC 84,808.45 785

CLEVELAND-CLIFFS INC 800,605.06 29,894

CLOUDFLARE INC - CLASS A 75,521.35 763

CNA FINANCIAL CORP 201,355.66 4,251

COGENT COMMUNICATIONS GROUP 56,625.73 900

COHERENT INC. 230,743.43 882

COHERUS BIOSCIENCES INC 31,916.58 2,500

COLUMBIA SPORTSWEAR CO 379,084.69 4,071

COMCAST CORP - CL A 696,653.67 14,884

COMERICA INC. 221,328.56 2,363

COMFORT SYS USA INC 402,486.18 4,400

COMMERCIAL METALS CO. 303,133.53 7,400

COMMUNITY TR BANCORP 25,330.25 600

CONCENTRIX CORP. 621,636.00 3,093

CONNS INC 150,079.81 7,800

CONOCOPHILLIPS 455,208.38 4,672

CONSTELLATION ENERGY GROUP 954,528.15 18,411

CONTINENTAL RESOURCES INC/OK 449,127.41 7,577

COREPOINT LODGING INC 147,108.00 9,200

CORNESTONE BUILDINGS BRANDS 1,135,794.24 46,700

CORNING INC 326,417.59 8,809

CORTEVA INC 534,098.74 9,707

COSTCO WHOLESALE CORP. 169,159.88 309

COTY INC-CL A 369,864.18 41,572

COURSERA INC 557,193.30 30,100

COUSINS PROPERTIES INC 85,067.75 2,155

COVENANT LOGISTICS GROUP 18,894.94 800

CRANE CO 171,508.86 1,619

CROSS COUNTRY HEALTHCARE 33,611.82 1,600

CROSSFIRST BANKSHARES 32,362.63 2,000

CROWDSTRIKE HOLDINGS INC 9,719,929.57 55,392

CROWN HOLDINGS INC 222,742.12 1,781

CS DISCO INC 50,261.26 1,700

CSG SYSTEMS INTL. INC. 121,245.41 1,900

CSX CORP. 12,966.88 365

CTS CORP. 61,114.17 1,700

CULLEN/FROST BANKERS INC 204,488.94 1,466

CURTISS-WRIGHT CORP. 38,589.79 263

CVR ENERGY INC 283,488.54 13,700

CVS HEALTH CORP 635.00 6



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

CYRUSONE INC. 6,004,584.50 66,349

CYTEK BIOSCIENCES INC 45,634.08 3,700

D.R. HORTON INC. 1,935,037.62 25,000

DARLING INGREDIENTS INC 273,586.23 3,661

DASEKE INC 131,954.00 11,800

DATADOG INC - CLASS A 143,075.35 1,064

DATTO HOLDING CORP 193,614.03 7,674

DAY ONE BIOPHARMACEUTICALS I 27,230.61 2,500

DECKERS OUTDOOR CORP 904,232.80 3,290

DEERE AND CO. 42,192.46 108

DELL TECHNOLOGIES - C 1,385,738.09 27,486

DELTA AIR LINES INC 4,108,410.94 111,000

DELUXE CORP. 180,582.27 5,600

DENTSPLY SIRONA INC 1,415,610.75 29,158

DESIGNER BRANDS INC 188,654.42 14,700

DEVON ENERGY CORPORATION 267,184.92 4,838

DEXCOM INC 2,330,247.22 5,343

DIAMOND HILL INVESTMENT GRP 18,517.11 100

DIAMONDBACK ENERGY INC 245,856.04 1,895

DICKS SPORTING GOODS INC 174,503.56 1,581

DIEBOLD NIXDORF INC 30,918.56 4,200

DILLARDS INC. CL-A 82,562.69 300

DISH NETWORK CORP 1,544,597.32 49,941

DOMINO'S PIZZA INC 2,094,659.81 5,000

DOUGLAS EMMETT INC 336,473.96 10,314

DOVER CORP. 4,917,845.29 33,395

DOW INC. 166,598.34 2,672

DUPONT DE NEMOURS INC 193,054.07 2,518

DXC TECHNOLOGY 60,330.47 1,864

DYNATRACE INC 811,979.27 18,847

EARTHSTONE ENERGY INC 434,107.74 35,600

EAST WEST BANCORP INC. 5,366,509.82 74,300

EASTERN BANKSHARES INC 282,540.55 13,000

EATON CORP PLC 128,946.85 845

EBAY INC 199,419.81 3,635

ECOLAB INC 3,730,297.99 22,595

ECOVYST INC 320,299.00 29,200

EDGEWELL PERSONAL CARE CO 474,875.19 12,600

EDGEWISE THERAPEUTICS INC 31,804.71 2,900

ELECTRONIC ARTS INC 94,931.99 752

ELEMENT SOLUTIONS INC 244,364.56 10,953

ELI LILLY AND COMPANY 50,268.72 178



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

ENFUSION INC - CLASS A 69,026.61 5,100

ENOVA INTERNATIONAL INC. 867,519.85 23,800

ENOVIS CORP 4,209,450.13 104,994

ENPRO INDUSTRIES INC 21,165.15 200

ENSTAR GROUP INC 105,120.46 400

ENTEGRIS INC 490,302.29 3,680

ENTRAVISION COMMUNIC 14,391.66 2,200

ENVISTA HOLDINGS CORP 23,657.45 487

EOG RESOURCES INC 378,517.56 3,273

EPAM SYSTEMS INC 71,759.59 265

EPLUS INC 53,895.72 1,000

EPR PROPERTIES 245,203.83 4,756

EQT CORP 4,252,889.43 138,218

EQUIFAX INC 130,840.83 554

EQUITABLE HOLDINGS INC 169,039.29 5,462

EQUITRANS MIDSTREAM CORP 176,098.69 23,200

EQUITY BANCSHARES INC - CL A 48,339.50 1,500

EQUITY COMMONWEALTH 40,784.79 1,500

EQUITY RESIDENTIAL PROP 385,732.02 4,358

ESCO TECHNOLOGIES INC 573,914.67 8,000

ESSENT GROUP LTD 564,729.39 13,400

ESSEX PROPERTY TRUST INC. 312,165.33 913

ESTEE LAUDER CO. 1,202,705.66 4,122

ETHAN ALLEN INTERIORS INC. 615,672.35 23,000

EURONET WORLDWIDE IN 4,702,616.87 41,200

EVERCOMMERCE INC 47,270.99 3,800

EVEREST RE GROUP LTD. 307,383.67 1,086

EVOLUS INC 44,802.77 4,400

EXLSERVICE HOLDINGS INC 27,399.64 200

EXXON MOBIL CORPORATION 702,970.57 9,089

F45 TRAINING HOLDINGS INC 324,880.70 25,300

FALCON MINERALS CORP 30,118.40 5,100

FARMERS NATL BANC CORP 19,055.97 1,100

FATE THERAPEUTICS 133,512.51 4,000

FIFTH THIRD BANCORP 163,573.74 3,537

FINANCE OF AMERICA COS 14,065.22 4,300

FINANCIAL INSTNS INC 78,709.03 2,400

FIRST CITIZENS BANCSHS 1,245,146.10 1,691

FIRST ENERGY CORP. 148,802.72 3,402

FIRST FINL CORP IND 63,700.09 1,400

FIRST HAWAIIAN INC 60,078.95 2,099

FIRST HORIZON NATIONAL CORPORATION 1,213,527.49 52,814



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

FIRST INTERNET BANCORP 108,099.44 2,300

FIRST REPUBLIC BANK 1,559,900.25 9,343

FIRSTCASH HOLDINGS INC 1,271,399.03 18,700

FLYWIRE CORP-VOTING 15,048.94 600

FNB CORP 305,496.19 23,771

FOCUS FINANCIAL PARTNERS-A 74,054.50 1,600

FOOT LOCKER INC 1,172,103.24 36,823

FORTINET INC 333,782.07 1,122

FORTUNE BRANDS HOME AND SECURITY 1,103,179.26 12,924

FOX CORP - CLASS A 394,656.93 9,934

FOX CORP - CLASS B 339,562.08 9,272

FOX FACTORY HOLDING CORP 205,937.14 2,000

FRANKLIN COVEY CO. 40,683.30 900

FREEPORT MCMORAN COOPER AND GOLD 2,826,474.39 60,786

FRESH DEL MONTE PRODUCE INC 23,354.70 900

FTI CONSULTING INC 531,174.23 3,440

FULCRUM THERAPEUTICS INC 16,705.61 1,000

GALLAGHER (ARTHUR) J AND CO. 2,113,455.50 12,898

GAP INC 884,623.02 58,436

GARMIN LTD 175,122.00 1,563

GARTNER INC 146,389.00 508

GATES INDUSTRIAL CORP PLC 34,490.20 2,184

GENCO SHIPPING & TRADING LTD 392,965.39 20,300

GENERAC HOLDINGS INC 1,142,393.94 3,679

GENERAL DYNAMICS CORP. 234,175.34 1,027

GENERAL ELECTRIC CO 319,697.96 3,403

GENERAL MILLS INC 93,242.67 1,495

GENERAL MOTORS CO 4,605,197.49 110,000

GENESCO INC. 118,462.70 1,700

GENUINE PARTS CO 177,922.28 1,394

G-III APPAREL GROUP LTD 123,056.18 4,700

GLOBAL INDUSTRIAL CO 95,391.11 3,000

GLOBAL PAYMENTS INC 178,281.25 1,321

GLOBANT SA 664,629.04 2,491

GMS INC 365,835.57 7,100

GOLAR LNG LTD 693,325.42 37,600

GOPRO INC-CLASS A 20,423.93 2,600

GRAHAM HOLDINGS CO 59,203.16 100

GRANITE CONSTRUCTION INC 887,329.77 27,800

GRAPHIC PACKAGING HOLDING CO 469,697.05 23,580

GRAY TELEVISION INC 28,186.05 1,200

GREAT SOUTHN BANCORP 67,499.39 1,100



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

GREIF INC 1,025,847.48 17,200

GROUP 1 AUTOMOTIVE 58,448.13 300

HACKET GROUP INC 75,446.97 3,600

HAIN CELESTIAL GROUP 1,660,837.56 50,000

HALLIBURTON COMPANY 6,691.27 193

HALOZYME THERAPEUTICS INC 1,031,398.16 28,900

HANCOCK WHITNEY CORP 953,271.84 17,300

HANGER INC. 92,150.88 4,900

HANMI FINL CORP 132,362.20 5,200

HARBORONE BANCORP INC 231,178.33 15,600

HARLEY-DAVIDSON INC 398,056.39 10,138

HARTFORD FINL SERVICES 217,149.74 3,142

HAYNES INTERNATIONAL INC 97,916.14 2,400

HCA HEALTHCARE INC 1,586,811.90 6,000

HEALTHCARE SVCS GRP 186,439.14 10,500

HEARTLAND FINANCIAL USA INC 55,472.71 1,100

HELEN OF TROY LTD 20,805.55 100

HENRY SCHEIN INC 892,829.37 10,319

HESS CORP. 10,454,071.67 100,000

HEWLETT PACKARD ENTERPRISE 146,131.68 8,815

HEXCEL CORP 405,458.70 7,271

HF SINCLAIR CORPORATION 179,044.02 4,976

HIGHWOODS PROP INC. 272,915.13 6,198

HILTON WORLDWIDE HOLDINGS INC 5,409,758.39 40,000

HNI CORP 373,498.57 9,600

HOME DEPOT INC. 1,586,972.50 4,658

HONEYWELL INTERNATIONAL INC 385,269.75 1,979

HOOKER FURNISHINGS CORP 30,095.99 1,500

HOPE BANCORP INC 142,002.82 8,500

HORIZON THERAPEUTICS PLC 434,899.62 4,120

HOST HOTELS AND RESORTS INC 443,147.11 23,710

HOULIHAN LOKEY INC 220,789.21 2,300

HOWMET AEROSOACE INC 72,481.26 2,079

HUBBELL INC 141,929.95 756

HUDSON PACIFIC PROPERTIES INC. 450,919.71 16,675

HUMANA INC. 288,350.08 656

HUNTINGTON INGALLS INDUSTRIES 505,766.43 2,556

HUNTSMAN CORP 2,394,138.58 60,272

HYLIION HOLDINGS CORP 104,376.74 27,200

IDEAYA BIOSCIENCES INC 35,887.27 3,100

IKENA ONCOLOGY INC 12,582.29 2,100

IMPINJ INC 183,376.16 3,000



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

INGLES MKTS INC 82,169.67 900

INGREDION INC 135,786.38 1,608

INSIGHT ENTERPRISES INC. 64,103.67 600

INSMED INC 60,214.28 2,700

INSPIRE MEDICAL SYSTEMS INC 21,777.40 100

INSTALLED BUILDING PRODUCTS INC 71,665.56 700

INSTEEL INDUSTRIES 30,716.96 800

INTEGER HOLDINGS CORP 450,889.92 5,700

INTEGRA LIFESCIENCES HOLDINGS 144,239.10 2,220

INTELLIA THERAPEUTICS INC 38,670.82 600

INTERCEPT PHARMACEUTICALS INC 347,516.30 23,400

INTERCONTINENTAL EXCHANGE INC 2,385,617.82 18,000

INTERNATIONAL PAPER 29,542.95 669

INTERNATL FLAVORS AND FRAGRANCES 242,564.09 1,949

INTERPUBLIC GROUP 17,184,418.20 501,881

INVESCO LTD 208,041.61 9,885

IRADIMED CORP 93,326.12 2,000

IRON MTN INC PA 225,717.55 4,573

ITEOS THERAPEUTICS INC 28,641.77 800

IVERIC BIO INC 23,548.99 1,600

J & J SNACK FOODS CORP 710,824.02 4,500

JACOBS ENGINEERING GROUP 717,103.24 5,254

JANUS HENDERSON GROUP PLC 291,915.43 8,263

JB HUNT TRANSPORT SERVICES INC 810,437.69 3,771

JBG SMITH PROPERTIES 243,590.13 8,437

JETBLUE AIRWAYS CORP 1,069,964.31 75,198

JOANN INC 266,600.11 20,400

JOHNSON AND JOHNSON 10,783,688.67 62,000

JOHNSON CONTROLS INTERNATIONAL 229,034.84 3,493

JOHNSON OUTDOORS INC - CL A 518,077.55 6,600

JUNIPER NETWORKS INC 65,125.70 1,878

KAMAN CORP 301,215.25 7,100

KB HOME 37,012.21 1,000

KBR INC 1,342,198.78 25,700

KEARNY FINL CORP MD COM 89,754.08 6,700

KENNAMETAL INC 21,195.19 700

KEZAR LIFE SCIENCES INC 21,518.59 1,500

KFORCE INC 28,825.01 400

KILROY RE CORP 682,543.46 9,213

KIMCO REALTY CORP 214,264.19 9,075

KINSALE CAPITAL GROUP INC 43,137.97 200

KIRBY CORP. 41,395.97 603



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

KLA CORP. 50,119.81 143

KNIGHT-SWIFT TRANSPORTATION INC 202,772.14 3,658

KOHLS CORP 639,094.42 10,097

KONTOOR BRANDS INC 593,036.75 13,400

KORNIT DIGITAL LTD 2,898,054.20 35,000

KRAFT HEINZ CO/THE 715,270.33 19,169

KRATON PERFORMANCE POLYMERS INC 260,400.00 5,600

KRISPY KREME INC 71,993.63 5,000

KROGER CO. 776,559.39 14,162

KVH INDUSTRIES INC 113,430.74 12,700

L3HARRIS TECHNOLOGIES INC 828,079.45 3,367

LAM RESEARCH CORP 806,183.72 1,565

LANCASTER COLONY CORP 450,409.46 2,900

LANTHEUS HOLDINGS INC 1,435,379.15 26,400

LATTICE SEMICON. CORP. 11,589.98 200

LAUREATE EDUCATION INC-A 206,791.46 16,400

LCI INDUSTRIES 84,968.29 700

LEGGETT & PLATT INC 931,554.14 25,583

LENNAR CORP - B SHS 46,458.54 630

LGI HOMES INC 71,791.01 600

LIBERTY BROADBAND - C 22,915.08 165

LIBERTY LATIN AMERICA-A 437,643.81 45,700

LIBERTY LATIN AMERICA-C 78,908.19 8,200

LIFE TIME GROUP HOLDINGS INC 113,597.41 9,000

LINCOLN ELEC HLDGS I 411,719.64 3,120

LIONS GATE ENTERTAINMENT B 43,750.27 3,000

LITTELFUSE INC 1,930,767.39 7,900

LIVENT CORP 34,755.87 1,500

LOCKHEED MARTIN CORPORATION 530,967.73 1,246

LOUISIANNA PACIFIC 295,633.55 4,194

LOWE'S COS 1,137,144.57 4,826

LPL FINANCIAL HOLDINGS INC 103,639.07 603

LUMEN TECHNOLOGIES INC 1,820,371.41 169,856

LUTHER BURBANK CORP 20,293.39 1,500

LUXFER HOLDINGS PLC 146,265.75 7,500

LYONDELLBASELL IND-CL A 137,179.16 1,358

M T BANK CORPORATION 77,396.92 440

MACOM TECHNOLOGY SOLUTIONS HOLDINGS 87,159.00 1,500

MACYS INC 65,952.41 2,500

MAGNOLIA OIL & GAS CORP 915,098.65 39,500

MANHATTAN ASSOCIATES INC 1,269,890.00 9,401

MANPOWERGROUP 452,816.68 4,674



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

MARATHON DIGITAL HOLDINGS IN 286,183.69 12,200

MARATHON OIL CORP 588,135.03 26,466

MARATHON PETROLEUM CORP 357,166.27 4,707

MARAVAI LIFESCIENCES HOLDINGS INC 1,172,161.74 29,586

MARKEL CORP 11,663,223.37 8,133

MARRIOTT VACATIONS WORLDWIDE CORP 383,657.30 2,440

MARSH AND MCLENNAN COS. 2,195,886.91 13,835

MARTIN MARIETTA MATERIALS 18,773.90 50

MASTEC INC 150,535.55 1,744

MASTERCARD INC-CLASS A 952,131.14 2,720

MATSON INC. 286,236.78 2,500

MATTHEWS INTL CORP 466,554.91 13,800

MCKESSON CORP 18,928,855.94 66,364

MDC HOLDINGS INC 29,414.05 700

MDU RESOURCES GROUP 1,600,859.98 61,887

MEDIFAST INC 69,271.64 400

MEDNAX INC 423,235.19 18,200

MEDTRONIC INC 2,140,492.70 19,761

MERCANTILE BANK CORP 72,264.61 1,900

MERCHANTS BANCORP/IN 17,102.43 600

MERCK AND CO INC 23,498.29 299

MERCURY GENERAL CORP. 131,659.47 2,495

MERIT MED SYS INC 50,385.26 800

MERITAGE HOMES CORP 65,173.44 700

META PLATFORMS INC 16,310,057.59 80,745

METHODE ELECTRONICS INC 628,857.67 14,800

METLIFE INC 473,209.38 7,002

MGE ENERGY INC 38,477.95 500

MGIC INVESTMENT CORP 240,421.33 17,289

MGM RESORTS INTL 245,271.96 5,817

MICROCHIP TECHNOLOGY INC. 89,095.55 1,190

MICRON TECHNOLOGY INC 6,242,218.13 82,000

MICROSTRATEGY INC-CL A 41,663.25 100

MIDLAND STATES BANCORP INC 205,644.25 7,000

MIDWESTONE FINANCIAL GROUP 71,580.37 2,200

MILLERKNOLL INC 3,739,693.74 117,000

MINERALS TECHNOLOGIES INC 400,008.35 6,000

MKS INSTRUMENTS INC 1,388,727.10 9,122

MOHAWK INDUSTRIES INC. 1,124,035.96 7,854

MOLINA HEALTHCARE INC 329,464.44 997

MONARCH CASINO & RES 231,035.66 2,700

MONDAY.COM LTD 2,166,597.19 13,500



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

MONDELEZ INTERNATIONAL INC 223,995.53 3,644

MONOLITHIC POWER SYSTEMS INC 236,719.85 532

MOODY'S CORPORATION 1,496,813.86 4,708

MORGAN STANLEY 361,489.07 3,814

MORPHIC HOLDING INC 383,887.56 9,800

MOSAIC COMPANY 18,380,729.59 297,617

MRC GLOBAL INC 462,198.25 40,100

MUELLER INDUSTRIES INC. 46,137.44 800

MURPHY USA INC 75,634.61 400

NASDAQ INC 1,828,977.94 10,484

NATIONAL FUEL & GAS 613,300.64 9,199

NATIONAL HEALTHCARE 586,227.01 8,400

NATIONAL RETAIL PROPERTIES 68,825.40 1,616

NATUS MEDICAL INC 118,403.39 4,600

NAVIENT CORP-WHEN DISTRIBUTE 99,993.22 5,800

NCR CORPORATION 342,912.95 8,803

NEOGEN CORP 1,101,236.61 31,900

NEOGENOMICS INC 62,760.47 4,000

NEW YORK COMMUNITY BANCORP 231,344.18 20,752

NEWS CORP - CLASS B 196,202.73 8,775

NEWS CORP. CLASS A 414,277.05 18,969

NEXSTAR MEDIA GROUP INC 236,166.07 1,268

NEXTGEN HEALTHCARE INC 172,811.75 8,800

NIKE INC. -CL B 8,185,870.23 70,000

NORDSON CORP 157,470.29 707

NORFOLK SOUTHERN CORP. 230,822.42 840

NORTHERN TRUST CORP 167,364.66 1,484

NORTHROP GRUMMAN CORP. 902,714.49 2,111

NORTHWEST NATURAL GAS CO. 448,475.56 8,500

NORWEGIAN CRUISE LINE HOLDINGS LTD 783,656.29 40,302

NOVANTA INC 53,761.72 400

NOW INC 196,850.79 19,400

NUANCE COMMUNICATIONS 29,120,000.00 520,000

NUCOR CORP 702,547.46 5,302

NUVASIVE INC 46,218.54 900

NVENT ELECTRIC PLC 292,758.69 8,349

NVIDIA CORP 11,835,082.92 55,037

NXP SEMICONDUCTORS NV 89,455.36 477

OASIS PETROLEUM INC 650,725.48 4,500

OCCIDENTAL PETROLEUM CORP. 929,200.18 16,567

OCEANEERING INT'L. INC. 194,528.72 13,200

OCEANFIRST FINL CORP 70,444.76 3,200



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

OIL STS INTL INC 32,991.23 5,200

OKTA INC 1,649,292.58 10,000

OLD DOMINION FREIGHT LINE 1,756,031.59 5,500

OLD REPUBLIC INT'L CORP. 402,880.19 15,574

OLD SECOND BANCORP I 369,239.97 25,800

OMNICOM GROUP 143,124.76 1,709

ORACLE SYS. CORP. 790,924.28 9,688

ORAMED PHARMACEUTICALS INC 36,379.01 3,900

OSHKOSH CORPORATION 652,203.37 5,966

OUSTER INC 20,776.09 6,200

OUTBRAIN INC 19,050.27 1,700

OUTLOOK THERAPEUTICS INC 48,929.14 27,000

OVINTIV INC 226,237.84 5,200

OWENS & MINOR INC. 26,433.52 600

OWENS CORNING INC 360,703.52 3,769

OYSTER POINT PHARMA INC 17,007.36 1,500

PACIFIC BIOSCIENCES OF CALIFORNIA INC 132,782.08 13,200

PACKAGING CORP OF AMERICA 112,559.06 732

PACWEST BANCORP 137,154.41 3,056

PALO ALTO NETWORKS INC 6,631,803.58 12,381

PAPA JOHN'S INTERNATIONAL 91,319.11 900

PARAGON 28 INC 36,913.82 2,100

PARK HOTELS & RESORTS INC 998,274.71 53,645

PARSONS CORP 269,362.05 7,300

PATTERSON COS INC 88,058.34 2,900

PBF ENERGY INC 307,258.03 15,500

PC CONNECTION INC 10,319.12 200

PCSB FINANCIAL CORP 59,005.09 3,100

PDC ENERGY INC 197,854.39 3,000

PEAPACK-GLADSTONE FI 90,253.93 2,400

PENSKE AUTOMOTIVE GROUP 396,963.35 3,843

PENTAIR PLC 339,280.13 5,985

PEOPLE'S UNITED FINANCIAL INC 540,821.89 26,122

PERFICIENT INC 103,922.46 1,000

PHOTRONICS INC. 40,729.71 2,400

PINNACLE FINANCIAL PARTNERS INC 165,958.36 1,744

PIONEER NATURAL RESOURCES CO. 574,477.93 2,445

PLEXUS CORP 548,226.70 6,500

PNC FINANCIAL SERVICES GROUP 37,479.22 198

PNM RESOURCES INC 1,243,449.81 27,200

POOL CORP. 1,581,098.08 3,355

PORTILLO'S INC-CL A 134,329.66 5,500



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

PORTLAND GEN ELEC CO 75,645.39 1,400

PREMIER FINANCIAL CORP 87,741.45 2,700

PRESTIGE CONSUMER HEALTHCARE I 22,398.48 400

PRIMIS FINANCIAL CORP 24,271.79 1,700

PROGYNY INC 99,229.39 2,200

PROPETRO HOLDING CORP 198,070.62 15,600

PROTAGONIST THERAPEUTICS INC 13,092.83 500

PROVIDENT FINANCIAL SERVICES 45,127.61 1,900

PUBLIC STORAGE INC 100,710.11 279

PULTE GROUP INC. 1,068,712.28 22,973

PVH CORP 164,462.40 2,014

Q2 HOLDINGS INC 149,017.71 2,600

QUAKER HOUGHTON 35,029.60 200

QUALCOMM INC 6,343,055.44 42,000

QUANTA SERVICES INC. 1,142,986.71 9,302

RALPH LAUREN CORP 367,494.52 3,151

RAPID7 INC 29,204.22 300

RAYMOND JAMES FINANCIAL INC 218,422.95 2,138

RAYONIER ADVANCE MATERIALS 97,439.98 15,700

RAYTHEON TECHNOLOGIES CORP 251,638.44 2,617

RBC BEARINGS INC 1,178,086.99 6,100

RECURSION PHARMACEUTICALS-A 51,212.53 8,000

REGAL REXNORD CORP 105,352.39 654

REGENCY CENTERS CORP 188,292.62 2,824

REGENERON PHARMACEUTICAL 91,785.51 134

REGIONS FINANCIAL CORP. 17,192.87 745

REINSURANCE GROUP OF AMERICA 84,117.55 820

RELAY THERAPEUTICS INC 55,319.77 2,300

RELIANCE STEEL & ALUMINUM 1,076,218.26 5,631

RENT THE RUNWAY INC-A 21,352.69 4,000

REPUBLIC SERVICES INC 444,262.83 3,397

RESOURCES CONNECTION INC 32,810.63 2,000

RLI CORP 10,817.02 100

ROBERT HALF INTL INC 537,006.19 4,606

ROPER TECHNOLOGIES INC 411,486.34 908

ROYAL CARIBBEAN CRUISES LTD 2,827,255.96 43,785

RUSH ENTERPRISES INC - CL A 876,055.65 16,400

RUSH ENTERPRISES INC - CL B 480,491.94 9,600

RUTH'S HOSPITALITY GROUP 270,337.40 13,100

RYDER SYS. INC. 606,613.47 7,406

RYERSON HOLDING CORP. 571,193.12 16,600

S & T BANCORP INC 59,881.61 1,900



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

S P GLOBAL INC 3,677,892.29 9,267

SAIA INC 27,520.49 100

SALESFORCE INC 335,943.79 1,624

SALLY BEAUTY CO INC 273,759.50 15,700

SANA BIOTECHNOLOGY INC 106,205.88 17,300

SANMINA CORP 73,759.12 1,800

SCANSOURCE INC 58,609.41 1,700

SCHLUMBERGER 11,216,578.83 258,628

SCHNEIDER NATIONAL INC-CL B 53,963.80 2,081

SCHNITZER STL INDS 432,834.79 9,000

SCHOLASTIC CORP 136,660.42 3,200

SCHWAB (CHARLES) CORP 515,672.94 5,847

SCRIPPS CO. E.W. CL A 276,120.39 13,100

SEABOARD CORP 428,217.98 109

SEAGEN INC 1,320,086.26 10,000

SELECT MEDICAL HOLDINGS CORP 701,446.33 28,800

SELECTIVE INSURANCE GROUP 50,999.73 600

SENECA FOODS CORP -CL B 131,609.50 2,600

SHERWIN-WILLIAMS CO 1,532,620.18 6,286

SHOCKWAVE MEDICAL INC 16,331.78 100

SHOE CARNIVAL INC 30,662.39 900

SIGA TECHNOLOGIES INC 31,570.71 4,400

SIGNATURE BANK 16,741,636.46 57,710

SILGAN HOLDINGS INC 392,497.48 8,746

SIMPLY GOOD FOODS CO 585,817.38 16,300

SINCLAIR BROADCAST GROUP-A 10,829.46 400

SINGULAR GENOMICS SYSTEMS IN 117,116.40 17,500

SIRIUSPOINT LTD 290,311.61 40,700

SITEONE LANDSCAPE SUPPLY INC 993,461.92 5,566

SKECHERS U S A INC 85,981.72 2,200

SKYLINE CHAMPION CORP 3,127,938.32 55,400

SKYWATER TECHNOLOGY INC 17,833.22 1,800

SL GREEN RE CORP 209,684.93 2,591

SMARTFINANCIAL INC 33,698.81 1,300

SMITH (A.O.) CORP 431,863.27 6,427

SNAP INC-A 1,392,084.88 40,000

SNAP-ON INC 598,969.55 2,880

SOLARIS OILFIELD INFRASTRUCTURE 234,514.35 21,500

SONOCO PRODUCTS CO 110,155.97 1,911

SONOS INC 344,099.74 13,500

SOUTHSTATE CORP 1,207,445.54 13,800

SOUTHWEST AIRLINES 1,384,417.70 32,577



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

SOVOS BRANDS INC 65,942.66 6,000

SPARTANNASH CO 196,322.39 6,500

SPIRIT AEROSYSTEMS HOLD-CL A 765,656.97 16,843

SPIRIT REALTY CAPITAL INC. 30,516.36 666

SPX CORP. 409,367.33 8,200

STANDEX INTERNATIONAL CORP 74,218.59 700

STANLEY BLACK AND DECKER INC 9,389,842.99 62,116

STARBUCKS CORP. 638,290.86 7,127

STARWOOD PROPERTY TRUST INC 123,344.36 5,257

STATE STREET CORP 10,407,024.61 123,755

STEEL DYNAMICS INC 3,045,959.55 40,737

STEM INC 226,761.99 26,500

STERIS PLC 2,627,906.39 11,000

STERLING CHECK CORP 90,391.78 3,900

STIFEL FINANCIAL CORP 97,876.35 1,446

SUNCOKE ENERGY INC 273,845.31 33,600

SUPER MICRO COMPUTER INC 233,906.10 5,500

SURFACE ONCOLOGY INC 357,431.06 133,500

SVB FINANCIAL GROUP 1,050,205.67 1,907

SYNEOS HEALTH INC 19,720,065.77 248,000

TAPESTRY INC 1,020,562.78 27,651

TARGA RESOURCES CORP 194,731.20 2,915

TARGET CORP 1,481,281.47 6,715

TD SYNNEX CORP 447,792.56 3,954

TELESAT CORPORATION 27,045.71 1,300

TEMPUR SEALY INTERNATIONAL I 608,902.63 18,705

TENET HEALTHCARE CORP 104,380.14 1,200

TENNANT COMPANY 306,221.53 3,700

TENNECO INC. 538,131.25 30,000

TERADATA CORP 539,780.18 11,437

TERADYNE INC 827,238.04 7,065

TEREX CORP 339,763.71 8,700

TETRA TECHNOLOGIES INC. 157,673.59 52,000

TEXAS CAPITAL BANCSHARES 310,745.63 4,900

TEXAS INSTRS INC 1,691,689.37 10,000

TEXAS PACIFIC LAND CORP 1,126,347.91 846

TEXAS ROADHOUSE INC 1,099,067.87 15,200

TEXTRON INC. 221,936.02 3,021

THE AZEK CO INC 835,465.63 30,787

THE BANK OF NEW YORK MELLON CORP 266,890.45 5,107

TJX COS. INC. 179,835.88 2,882

TOWNE BANK 37,665.52 1,200



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

TRACTOR SUPPLY COMPANY 1,890,975.95 8,259

TRADEWEB MARKETS INC 1,815,793.20 20,693

TRANE TECHNOLOGIES PLC 1,283,573.69 8,180

TRAVELERS COS INC 214,880.74 1,192

TREACE MEDICAL CONCEPTS INC 19,249.20 1,000

TRIMBLE NAVIGATION LTD 1,104,774.36 16,071

TRIUMPH GROUP INC 52,601.58 2,100

TRUEBLUE INC 79,731.83 2,800

TRUIST FINANCIAL CORP 329,009.39 5,637

TRUPANION INC 199,554.23 2,500

TRUSTCO BANK CORP. NY 73,595.78 2,200

TTM TECHNOLOGIES 949,318.99 71,200

TUPPERWARE BRANDS CORP 127,432.68 6,900

TYLER TECHNOLOGIES I 324,558.23 777

TYRA BIOSCIENCES INC 29,614.88 2,800

TYSON FOODS INC. CL-A 9,951,956.21 110,000

UDR INC 14,853.72 260

UFP INDUSTRIES INC 304,006.34 3,500

UGI CORP 148,478.17 4,183

UIPATH INC - CLASS A 1,693,465.09 75,000

UMPQUA HLDGS CORP 234,638.08 11,748

UNDER ARMOUR INC - CLASS C 1,087,384.55 71,168

UNDER ARMOUR INC. CL A 992,261.84 58,358

UNISYS CORP. 125,296.19 5,700

UNITED CONTINENTAL HOLDINGS INC 12,670,002.51 395,634

UNITED RENTALS INCORPORATED 392,852.18 1,165

UNITED STATES STEEL CORP. 1,058,906.73 31,460

UNITIL CORP 203,061.30 4,100

UNIVAR INC 152,852.12 4,681

UNIVERSAL CORP-VA 332,859.44 6,100

UNIVEST FINANCIAL CORP 39,907.35 1,400

UPSTART HOLDINGS INC 3,485,331.94 33,042

URBAN OUTFITTERS INC 753,040.49 28,200

US BANCORP 312,303.51 5,630

VALERO ENERGY CORP. 244,885.47 2,832

VALMONT INDUSTRIES 301,897.02 1,282

VALVOLINE INC 1,085,743.51 35,563

VARONIS SYSTEMS INC 35,265.24 900

VENTAS INC. 244,916.87 4,161

VERICEL CORP 176,885.93 5,200

VERITEX HOLDINGS INC 5,809,024.76 150,000

VERSO CORP 1,050,300.00 38,900



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

VIASAT INC. 1,333,237.75 26,744

VIEW INC 14,890.12 9,200

VISA INC-CLASS A 1,818,709.86 8,302

VISHAY INTERTECHNOLOGY INC. 441,421.70 22,800

VMWARE INC-CLASS A 1,279,161.41 11,373

VORNADO REALTY TRUST 685,535.76 15,201

VOYA FINANCIAL INC 117,127.17 1,825

WALMART INC 687,883.89 4,731

WASTE MANAGEMENT INC. 1,145,166.99 7,379

WD-40 CO 76,663.60 400

WEBSTER FINANCIAL CORPORATION 14,678,874.75 278,096

WEC ENERGY GROUP INC. 33,405,245.66 373,000

WELLS FARGO COMPANY 1,773,046.04 34,577

WELLTOWER INC 260,094.61 2,846

WESBANCO INC 74,807.91 2,100

WESCO INTL INC 51,994.01 400

WEST PHARMACEUTICAL SERVICES 215,596.04 539

WESTERN ALLIANCE BANCORP 889,867.53 10,413

WESTERN DIGITAL CORP 7,389,664.10 157,230

WESTLAKE CHEMICAL CORP. 456,566.92 3,838

WESTROCK COMPANY 1,845,382.40 39,293

WHIRLPOOL CORP 1,333,289.65 6,912

WHITE MOUNTAINS INSURANCE GP 110,600.00 104

WHITING PETROLEUM CORP 63,973.91 800

WILEY JOHN & SONS INC 451,421.64 8,500

WILLIAMS-SONOMA INC 1,195,475.79 7,272

WINGSTOP INC 146,916.33 1,200

WINTRUST FINANCIAL CORP 162,351.72 1,718

WOLFSPEED INC 82,667.57 830

WOLVERINE WORLD WIDE 652,178.00 28,100

WOODWARD INC. 392,031.35 3,193

WYNDHAM HOTELS & RESORTS INC 17,405.13 203

XENCOR INC 331,659.63 11,900

XOMA CORP 122,793.92 4,700

XPERI HOLDING CORP 880,585.14 51,800

XYLEM INC. 1,418,233.11 16,282

YELP INC 610,395.85 18,100

YETI HOLDINGS INC 2,326,885.18 38,296

ZEBRA TECHNOLOGIES CORP CL-A 1,145,242.48 2,816

ZENTALIS PHARMACEUTICALS INC 475,736.57 11,000

ZIFF DAVIS INC 87,935.58 900



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

ZIONS BANCORPORATION 8,506 567,360.91

872,182,607.26TOTAL 14,179,115

SharesDomestic Common Stocks/ Externally Managed Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

10X GENOMICS INC-CLASS A 1,593,537.18 21,957

A10 NETWORKS INC 436,939.92 31,250

ABERCROMBIE & FITCH CO 2,667,285.93 89,000

ACCENTURE PLC 6,260,542.63 18,470

ADOBE SYSTEMS INC. 5,118,086.93 12,167

ADVANCED DRAINAGE SYSTEMS INC 3,390,632.63 27,721

ADVANCED MICRO DEVICES INC. 1,699,927.68 14,862

AIR PROD. AND CHEM. 9,978,615.90 42,440

ALEXANDRIA REAL ESTATE 753,048.69 3,726

ALLSCRIPTS HEALTHCARE SOLUTIONS 360,286.42 17,100

ALLY FINANCIAL INC 2,906,249.01 66,555


AON PLC 2,658,381.04 8,315

APA CORPORATION 878,898.71 22,775

APARTMENT INCOME REIT CO 2,902,913.61 55,064

APOLLO GLOBAL MANAGEMENT INC 2,194,148.65 35,245

APPLIED INDUSTRIAL TECH INC. 397,859.30 3,900

APPLIED MATERIALS INC. 2,372,004.41 17,910

APRIA INC 9,597,037.50 255,921

ASSURED GUARANTY LTD 439,751.41 7,100

AXOS FINANCIAL INC 2,307,679.08 47,033

BEACON ROOFING SUPPLY INC 460,049.00 7,600

BELLRING BRANDS INC 269,002.39 10,772

BERKLEY (WR) CORP 1,647,531.03 19,586

BEST BUY COMPANY INC 638,522.35 6,105

BIG 5 SPORTING GOODS CORP 1,752,364.93 104,200

BIO RAD LABS INC 995,527.16 1,799

BLACKSTONE INC 3,079,826.87 24,137

BOEING CO 2,527,680.35 13,094



BUILDERS FIRSTSOURCE INC 519,054.10 6,900

BUNGE LIMITED 1,336,546.50 12,260

CABLE ONE INC 2,658,218.85 1,807

CABOT CORP 383,244.59 5,400

CARLISLE COS INC 1,173,863.02 4,751

CARLYLE GROUP INC/THE 1,820,542.46 39,379

CARVANA CO 1,193,494.46 8,380

CASELLA WASTE SYS IN 3,746,042.49 44,086

CATALENT INC 120,650.90 1,224

CHARTER COMMUNICATIONS INC-A 636,488.99 1,161

CHILDREN'S PLACE 1,742,769.43 33,925



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

CIENA CORP. 562,161.17 7,941

CINTAS CORP 2,695,207.99 6,329

CLEVELAND-CLIFFS INC 479,788.79 16,428

COMMERCIAL METALS CO. 481,561.93 12,100

CONSTELLATION BRANDS INC-A 1,239,131.88 5,521

COOPER COMPANIES INC. 1,167,537.94 2,879

COPART INC 3,206,869.56 25,601

CORE LABORATORIES N.V. 951,549.15 35,129

CORNESTONE BUILDINGS BRANDS 3,699,583.23 153,500

COSTAR GROUP INC 955,655.60 17,509

COSTCO WHOLESALE CORP. 1,559,408.32 2,696

CROWDSTRIKE HOLDINGS INC 874,102.17 3,831

CYRUSONE INC. 1,743,030.00 19,260

DANAHER CORP 5,803,991.33 19,989

DESIGNER BRANDS INC 162,603.62 12,700

DEVON ENERGY CORPORATION 418,039.28 6,800

DICKS SPORTING GOODS INC 925,406.30 9,192

DISCOVER FINANCIAL 2,346,155.89 21,219

DISNEY (WALT) CO. 4,057,631.27 29,431

DOCUSIGN INC 1,587,522.14 14,665

DYNATRACE INC 1,011,405.11 21,487

EDISON INTERNATIONAL 209,184.40 3,172

ENERPAC TOOL GROUP CORP 96,556.00 4,300

EQUIFAX INC 1,004,173.92 4,499

EQUINIX INC 934,661.65 1,318

EVERBRIDGE INC 239,148.08 7,235

EVEREST RE GROUP LTD. 685,580.07 2,264

FASTENAL CO 6,080,329.10 106,711

FERRO CORP 3,314,766.80 153,021

FIRST CITIZENS BANCSHS 372,228.26 500

FISERV INC. WISCONSIN 870,197.23 8,805

FOSSIL GROUP INC. 980,224.65 107,500

FOX CORP - CLASS B 1,329,256.67 35,603

FRESH DEL MONTE PRODUCE INC 1,461,144.08 55,947

GILEAD SCIENCES INC. 1,707,256.71 28,942

GOLDMAN SACHS GROUP INC 7,300,802.20 22,052

GOOSEHEAD INSURANCE INC -A 1,012,633.66 14,847

HARLEY-DAVIDSON INC 507,681.61 13,407

HAWAIIAN ELECTRIC INDS 731,196.94 17,900

HONEYWELL INTERNATIONAL INC 2,402,441.20 12,313

HOPE BANCORP INC 731,793.77 44,100

HORIZON THERAPEUTICS PLC 1,658,379.18 16,738



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

HP INC 417,588.44 11,747

HUBSPOT INC 303,993.53 718

HUNTINGTON BANCSHARES 70,926.11 4,600

IMPINJ INC 1,840,154.25 28,972

INSPIRE MEDICAL SYSTEMS INC 1,084,332.72 4,423

INTEL CORP. 6,828,756.27 141,279

INTUIT INC. 462,880.40 953

INTUITIVE SURGICAL INC 1,048,680.06 3,437

INVESTORS BANCORP INC 157,502.94 9,700

IQVIA HOLDING INC 499,034.49 2,271

IRON MTN INC PA 2,402,401.45 46,491

JEFFERIES FINANCIAL GROUP INC 2,087,948.98 64,550

KEYCORP 345,878.51 14,400

KINDER MORGAN INC. 1,165,189.89 61,781

KITE REALTY GROUP TRUST 363,995.94 16,200

KKR AND CO INC -A 1,302,418.19 22,116

KONTOOR BRANDS INC 2,361,894.98 51,900

LAM RESEARCH CORP 2,152,382.26 3,982

LATHAM GROUP INC 824,876.57 57,926

LIBERTY MEDIA CORP - C 2,587,518.54 37,068

LOWE'S COS 860,737.48 3,820

MANDIANT INC 8,521,822.94 384,175

MARKEL CORP 2,330,676.75 1,578

MARTIN MARIETTA MATERIALS 6,681,150.99 17,489

MATADOR RESOURCES CO 2,131,591.21 41,100

MATSON INC. 1,508,590.52 13,100

MICROCHIP TECHNOLOGY INC. 481,596.49 6,349

MODERNA INC 3,476,674.44 19,715

MONDELEZ INTERNATIONAL INC 1,119,179.14 17,782

MONEYGRAM INTERNATIONAL INC. 3,085,242.18 286,780

MONGODB INC 1,708,802.17 3,946

MYT NETHERLANDS 772,571.66 64,743

NATERA INC 5,216,123.96 142,746

NETFLIX INC 5,104,817.05 13,579

NEW YORK TIMES CO. CL A 1,011,855.60 22,457

NEWS CORP. CLASS A 1,639,217.40 74,491

NEXSTAR MEDIA GROUP INC 1,247,374.91 6,707

NORDSTROM INC 391,308.88 16,339

NORTONLIFELOCK INC 2,151,410.69 79,664

NRG ENERGY INC. 1,459,649.13 39,331

NUANCE COMMUNICATIONS 1,455,664.00 25,994

NVIDIA CORP 3,495,355.26 13,592



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

OLD REPUBLIC INT'L CORP. 2,577,445.96 99,367

OLLIES BARGAIN OUTLET HOLDINGS INC 454,823.44 10,330

ONEMAIN HOLDINGS INC 1,837,044.36 39,512

OTIS WORLDWIDE CORP 4,420,536.78 57,791

PACCAR INC 3,349,938.79 38,094

PATTERSON-UTI ENERGY INC 846,957.12 54,800

PBF ENERGY INC 85,147.78 3,600

PEBBLEBROOK HOTEL TRUST 936,914.10 38,950

PELOTON INTERACTIVE INC - A 1,167,438.82 41,066

PENSKE AUTOMOTIVE GROUP 578,602.66 5,684

PLUG POWER INC 475,101.68 17,206

PPL CORPORATION 6,906,015.65 255,904

PREMIER INC-CLASS A 1,116,790.76 31,165

PROLOGIS INC. 841,903.48 5,190

RANPAK HOLDINGS CORP 2,850,762.38 133,267

RAYONIER INC. 514,635.48 11,900

RELIANCE STEEL & ALUMINUM 108,401.96 580

RH 1,725,557.32 5,100

RINGCENTRAL INC-CLASS A 1,338,352.08 11,161

ROKU INC 475,807.05 3,790

RYMAN HOSPITALITY PROPERTIES 305,666.91 3,375

SCOTTS MIRACLE-GRO COMPANY 220,055.04 1,674

SEACOAST BKG CORP FL 1,172,191.25 34,390

SIGNATURE BANK 2,305,771.90 7,847

SIGNET JEWELERS LTD 2,814,362.41 37,200

SKYWORKS SOLUTIONS INC 6,943,455.50 52,015

SLM CORP 1,904,959.44 105,077

SS and C TECHNOLOGIES HOLDINGS 2,488,565.92 32,435

STARBUCKS CORP. 1,310,354.91 15,200

STERIS PLC 1,146,985.09 4,727

SYSCO CORP. 1,168,611.80 14,437

TARGET CORP 4,162,438.26 19,172

TESLA INC 6,361,952.00 6,392

TEXAS CAPITAL BANCSHARES 112,122.58 1,700

TITAN MACHINERY INC 2,053,483.41 70,279

T-MOBILE US INC. 2,444,118.58 19,004

TRADEWEB MARKETS INC 2,535,753.90 29,141

TRANE TECHNOLOGIES PLC 4,196,810.28 27,606

UGI CORP 862,187.02 24,669

ULTRAGENYX PHARMACEUTICAL INC 625,091.92 9,859

UNION PACIFIC CORP. 8,347,471.32 30,766

UNITED NATURAL FOODS INC. 2,525,072.11 67,800



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

UNITED PARCEL SERVICES INC 4,555,504.59 21,180

UNITEDHEALTH GROUP INC 12,092,788.62 23,977

VIANT TECHNOLOGY INC-A 811,238.11 142,030

VICTORIA'S SECRET & CO 1,018,158.18 20,010

VOYA FINANCIAL INC 727,477.94 10,921

WALMART INC 3,606,696.48 25,273

WENDY'S CO/THE 633,618.03 29,496

WEST PHARMACEUTICAL SERVICES 1,129,667.58 2,931

WESTERN DIGITAL CORP 858,628.65 18,122

WINGSTOP INC 323,911.13 2,296

WP CAREY INC 1,079,107.21 13,304

XCEL ENERGY INC 1,487,014.49 20,579

XEROX CORP 1,780,483.97 93,249

ZIFF DAVIS INC 2,805,202.15 28,500

ZILLOW GROUP INC 574,148.41 11,836

ZILLOW GROUP INC - C 735,508.73 13,525

ZSCALER INC 2,345 568,951.77

367,178,636.67TOTAL 6,142,896

ContractsDomestic Futures - Internally Managed Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

RUSSELL 2000 FUTURES JUN 22 142,006,889.22 1,372

RUSSELL 2000 FUTURES MAR 22 135,709,322.00 1,372

S&P 500 EMINI FUTURES JUN 22 985,480,535.29 4,338

S&P 500 EMINI FUTURES MAR 22 4,338 911,298,843.00

2,174,495,589.51TOTAL 11,420

SharesInternational/Internally Managed Funds Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

ABB LIMITED CHF2.50 2,768,912.20 84,315

ABERDEEN EMERGING MARKETS EQUITY INCOME 232,004.73 34,073

ABSA GROUP LTD 751,650.51 59,865

ABU DHABI COMMERCIAL BANK 721,958.99 251,773

ABU DHABI ISLAMIC BK(AE) 515,636.19 214,651

ABU DHABI NATIONAL OIL CO FO 451,930.20 395,426

ADANI PORTS AND SEZ 314,409.54 33,097

ADVANTEST Y50 5,513,001.31 76,760

AFRICAN RAINBOW MINERALS LTD 116,807.57 5,765

AGL ENERGY LTD 1,635,055.84 307,856

AIR LIQUIDE 5,874,494.55 37,268

ALDAR PROPERTIES PJSC 621,599.87 458,088

ALIBABA GROUP HOLDINGS-SP ADR 919,719.30 10,000

AMERICA MOVIL SA 311,002.61 324,600

ANGLOGOLD ASHANTI LTD 903,942.02 38,042

ASHTEAD GROUP PLC 3,949,672.49 62,851

ASMEDIA TECHNOLOGY INC 995,456.15 16,000

ASPEN PHARMACARE HOLDINGS 166,230.92 12,265

ASTELLAS PHARMA INC 8,702,694.27 553,648

ASUSTEK COMPUTER INC 3,736,109.67 289,000

AU OPTRONICS CORP 2,219,042.00 2,846,000

BANK LEUMI LE-ISRAEL 1,176,703.76 116,239

BAOSHAN IRON A 895,206.30 913,300

BAOZUN INC-SPN ADR 3,648.88 500

BASF AG DEM ORD SH 19,511,174.59 341,839

BEIJING ENTERPRISES HOLDINGS 5,060,182.89 1,600,000

BEIJING WANTAI BIOLOGICAL-A 685,636.09 17,900

BHARAT PETROLEUM CORP LTD 3,842,680.15 840,000

BID CORP LTD 9,917.34 467

BIDVEST GROUP ORD 607,436.74 40,709

BIM BIRLESIK MAGAZALAR AS 304,879.84 58,451

BOLLORE 1,367,038.60 286,941

BOUYGUES 4,006,242.69 115,934

BRIDGESTONE CORP J 7,059,807.85 197,365

BRITISH LAND CO OR 2,065,466.51 319,910

CANADIAN NATURAL RESOURCES 4,528,880.12 78,110

CANON INC JPY50 4,292,456.78 189,473

CARREFOUR EUR 2.5 6,912,551.32 354,222

CATHAY LIFE INSURANCE CO 319,871.60 149,000

CENTRAIS ELETR BRA 998,557.80 152,218

CENTRAL AND EASTERN EUROPE FUN 1,965,851.31 255,228

CESKE ENERGETICKE ZAVODY 321,233.36 8,355



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

CHECK POINT SOFTWARE TECH 490,080.82 3,520

CHINA CONSTRUCTION BANK-H 7,796,341.99 11,200,000

CHINA DEVELOPMENT FIN PFD 74,336.05 232,315

CHINA DEVELOPMENT FINANCIAL 1,069,720.61 1,708,592

CHINA LONGYUAN POWER H 1,555,409.85 800,000

CHINA MERCH HLDG 785,189.96 490,000

CHINA MOBILE HK LTD HKD 0.1 27,427,397.11 4,146,000

CHINA PETROLEUM 3,825,422.33 8,320,000

CHINA SHENHUA ENERGY CO-A 1,008,669.83 263,868

CHINA STATE CONSTRUCTION 1,484,629.75 1,327,865

CHINA TELECOM CORP 3,577,566.03 9,600,000

CHINA UNICOM 2,094,876.07 4,320,000

CHINASOFT INTERNATIONAL LTD 745,217.49 1,026,000

CHONGQING ZHIFEI A(HK-C) 630,185.34 31,900

CK HUTCHISON HLDGS 4,477,227.38 656,310

CLICKS GROUP 305,067.64 14,643

CNOOC LTD 5,064,403.15 4,000,000

CNP ASSURANCES 4,058,282.90 169,423

COLES GROUP LTD 6,001,916.03 471,740

COMPAL ELECTRONICS 407,312.22 445,481

COVIVIO 1,765,850.92 24,024

CREDICORP LTD 7,731,647.60 50,000

CREDIT AGRICOLE 6,142,240.85 534,362

DAIWA SECURITIES G 4,654,328.85 823,996

DASSAULT SYSTEMES 8,107,679.37 177,262

DDI CORPORATION 8,501,565.84 266,436

DEUTSCHE ANNINGTON IMMOBILIE 8,557,878.91 172,478

DLF LIMITED 1,168,379.90 256,360

DONGFANG ELECTRIC CORP LTD-A 359,181.16 166,600

DUBAI ISLAMIC BANK 581,881.40 346,663

EDENRED 4,613,218.33 104,705

ELECTRICITE DE FRANCE SA-RTS 162,593.78 415,824

EMAAR PROPERTIES PJSC 652,647.69 410,043

EMIRATES NBD PJSC 212,472.63 52,983

EMIRATES TELECOM GROUP CO 1,224,125.66 125,138

ENEOS HOLDINGS INC 491,865.80 132,672

EQUINOR 3,293,757.72 97,718

EVERGREEN MARINE 899,964.12 161,000

EVRAZ PLC 511,232.10 418,898

FAIRFAX FINANCIAL HLDGS LTD 982,060.70 2,158

FAR EAST HORIZON LTD 26,024.44 34,000

FAR EASTERN TEXTILE 1,878,970.92 1,777,000



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

FORMOSA PLASTICS CORP 2,737,607.79 746,000

FORTESCUE METALS GROUP LTD 2,295,320.59 168,999

FRANCE TELECOM SA 791,984.83 68,470

GAIL INDIA 443,596.92 226,644

GECINA ORD FRF 100 3,095,857.92 26,333

GIGABYTE TECHNOLOGY CO. 4,007,571.97 890,000

GJENSIDIGE FORSIKRING ASA 1,004,942.79 42,690

GROWTHPOINT PROPERTIES LTD 214,710.49 210,747

GRUPO MEXICO SAB DE CV 284,761.20 56,400

HANWHA CHEMICAL KS 1,190,062.09 42,830

HENGLI PETROCHEMICAL CO L-A 19,492.70 5,900

HSBC HOLDINGS ORD 3,078,379.16 491,611

HYUNDAI MOTOR CO K 1,320,830.42 9,951

IMPALA PLATINUM HL 236,709.83 15,954

INDUSTRIVARDEN A 846,606.79 32,264

INFOSYS TECHNOLOGIES LTD 459,809.40 18,856

INNOLUX CORP 1,659,176.51 2,715,000

IPSEN 553,616.93 4,986

ISHARES CORE MSCI EMERGING 6,698,365.81 120,000

ISHARES MSCI CANADA 1,544,543.63 40,471

ISHARES MSCI EAFE INDEX FUND 5,545,659.05 80,000

ISHARES MSCI EMERGING MARKET 12,470,061.16 224,000

ISHARES MSCI EMERGING MKT 58,265,639.34 1,282,244

JAPAN POST HOLDINGS CO LTD 6,230,986.51 803,288

JBS SA 945,071.41 129,900

JD.COM INC-ADR 17,058.79 300

JIANGSU HENGLI HYDRAULIC C-A 407,364.15 49,100

JIANGSU ZHONGNAN CONSTRUCT-A 530,542.12 1,038,125

KAJIMA CORP Y50 2,775,920.88 216,521

KON.VOPAK EUR 1,272,958.19 40,794

KONAMI CO JPY50 1,310,874.24 20,000

KONINKLIJKE AHOLD DELHAIZE NV 2,147,150.57 70,596

KONINKLIJKE KRN 2,853,363.20 880,184

KUMBA IRON ORE LTD 182,177.09 4,264

KUMBA RESOURCES LTD 575,284.73 41,259

LG CORP 1,722,354.59 29,968

LG ELECTRONICS INC 1,905,173.90 19,168

LG.PHILIPS LCD CO LTD 2,362,352.76 152,058

LITE-ON TECHNOLOGY CORP 351,833.16 145,000

LUKOIL PJSC 4,920,508.59 320,000

LUZHOU LAOJIAO A 1,748,813.08 58,149

MARUBENI CORP JPY5 518,393.40 48,197



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

MEGACABLE HOLDINGS 375,585.04 133,800

MITSUBISHI CORP Y5 764,358.63 22,192

MITSUBISHI HVY IND 4,321,734.35 147,450

MITSUI SUMITOMO INSURANCE 2,952,150.50 93,354

MIZRAHI TEFAHOT BANK 797,729.72 21,669

MMC NORILSK NICKEL JSC - ADR 2,363,246.31 320,000

MTN GROUP LIMITED 1,736,942.24 129,798

MULTICHOICE GROUP LTD 1,445,492.30 169,455

NANYA TECHNOLOGY CORPORATION 817,915.77 322,000

NATIONAL BANK OF ABU DHABI 1,408,572.49 222,356

NEDBANK GROUP LTD 311,579.22 18,938

NEPI ROCKCASTLE PLC 163,572.28 24,616

NEXON CO. LTD 6,329,366.43 274,059

NICE SYSTEMS LTD 3,043,673.61 14,008

NIPPON STEEL CORP 510,744.72 29,003

NIPPON TEL and TEL CP 1,132,186.09 39,281

NIPPON YUSEN KK Y5 2,581,293.68 26,913

NN GROUP NV 826,401.03 18,298

NOMURA HOLDINGS, INC. 6,357,496.09 1,552,615

NOMURA REAL ESTATE HOLDINGS 2,069,995.83 90,589

NOVO-NORDISK A/S-SPONS ADR 556,120.26 5,396

O2 CZECH REPUBLIC AS 925,949.89 80,000

OIL AND NATURAL GAS CORP LTD 1,364,068.38 609,286

OJI HOLDINGS CORP 1,835,641.04 405,254

OLD MUTUAL 292,590.31 318,926

OMV AG AUSH100 813,525.87 17,633

OOREDOO QSC 313,399.58 155,235

OTSUKA HOLDINGS CO LTD 4,234,027.44 126,068

PANASONIC CORP 6,718,262.14 743,931

PETROCHINA CO 3,438,175.02 7,000,000

PINDUODUO INC ADR 663,887.38 17,900

POLISH OIL AND GAS 303,320.04 198,537

POLSKI KONCERN NAFTOWY ORLEN 6,161,728.63 360,000

POWER GRID CORP OF INDIA 592,136.12 215,232

POWERTECH TECHNOLOGY INC 1,631,187.36 493,000

REINET INVESTMENTS SCA 151,836.43 6,807

RELIANCE INDUSTRIES 15,563,601.52 448,000

RENAULT SA 3,076,638.20 121,593

REPSOL SA 8,222,486.39 625,614

RESONA HOLDINGS INC 1,841,219.98 442,352

RONGSHENG PETRO A 441,920.61 189,300

RURAL ELECTRIFICATION CO 367,708.97 228,253



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

RWE AG 802,382.71 19,832

SAMSUNG ELECTRONIC 953,654.37 16,823

SAP AG 3,458,921.19 31,691

SASOL NPV 231,031.42 9,103

SAUDI ARABIAN OIL CO 1,835,551.17 176,441

SEIKO EPSON CORPORATION 2,236,310.61 155,343

SEKISUI HOUSE Y50 3,422,075.07 176,927

SHANGHAI PHARMACEUTICALS - H 28,612.87 18,500

SHANXI XINGHUAC A 1,455,440.65 35,081

SHELL 2,661,674.78 100,000

SHIJIAZHUANG YILING PHARMA-A 847,794.83 185,500

SHIZUOKA BANK Y50 1,728,554.78 251,529

SHOPRITE HOLDING LTD 1,024,009.32 65,872

SIBANYE STILLWATER LTD 1,222,680.76 292,891

SILERGY CORP 1,196,391.44 13,000

SINGAPORE EXCHANGE LTD 3,417,908.95 494,425

SINOPAC HOLDINGS 316,721.31 535,000

SK TELECOM CO LTD 324,773.37 7,004

SKANSKA AB-B SHS 2,530,260.85 113,809

SOCIEDAD QUIMICA ADR 1,654,087.80 20,000

SOFTBANK CORP 5,340,460.43 432,976

SPAR GROUP LTD 445,792.24 41,448

STANDARD BANK GROUP 937,528.97 78,065

STANDARD CHARTERED PLC 5,675,849.22 893,063

START TODAY CO LTD 2,864,033.48 106,710

STATE BANK OF INDIA 2,923,112.23 452,858

SUMITOMO CORP Y50 1,440,007.44 88,970

SUMITOMO ELECTRIC 3,697,837.34 326,603

T D HOLDINGS 3,766,485.50 298,678

T IS BANKASI SER C 320,516.66 553,700

TAKEDA PHARMACEUTICAL COMPANY 13,509,151.80 473,447

TATA STEEL LIMITED 3,643,713.38 222,922

TELEPERFORMANCE 7,757,869.52 22,464

TENCENT HOLDINGS LTD HKD 0.0001 1,939,556.61 48,200

TGS NOPEC GEOPHYSICAL CO ASA 2,792,649.31 208,491

THE SHANGHAI COMMERCIAL AND SAVINGS 554,266.95 345,000

THOMSON REUTERS CORP 843,935.59 8,162

TIANMA MICROELE A (HK-C) 582,037.16 360,100

TOKYO ELECTRIC POWER CO HOLDIN 3,112,436.25 1,053,917

TOPPAN PRINTING CO 1,769,335.62 98,210

TORAY INDUSTRIES I 3,093,475.28 626,226

TOTAL SA 25,188,654.11 495,251



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

TOYOTA INDUSTRIES CORP 4,651,837.96 71,634

TOYOTA MOTOR CORP 738,877.27 45,328

UBISOFT ENTERTAINMENT 2,666,400.99 58,412

UOL GROUP 1,259,112.18 58,953

VEDANTA LTD 583,597.68 123,112

VERBUND AG 3,249,511.15 33,043

VIVENDI ENVIRONNEM EUR 6,687,842.13 218,134

VIVENDI UNIVERSAL EUR 6,515,853.60 554,060

VODACOM GROUP 687,662.32 64,801

VODAFONE GROUP 14,046,917.29 9,014,744

WENS FOODSTUFF A (HK-C) 1,031,657.94 348,060

WISTRON CORP 1,305,781.85 1,281,000

WOORI FINANCIAL GROUP INC 329,131.09 28,184

WPG HOLDINGS CO 1,678,467.47 849,359

XINYI GLASS HOLDING CO 3,265,481.99 1,359,837

XP INC-BDR 789,563.13 25,396

YANZHOU COAL MINIG 1,431,681.54 646,000

YUNNAN BAIYAO A 630,193.80 51,934

ZIJIN MINING GROUP CO LTD-H 462,000 574,621.14

659,790,269.12TOTAL 121,239,636

International/Externally Managed Funds Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

ACADIAN ASSET - EQUITIES 26,767,373.17

ALLIANCE BERNSTEIN EAFE-EQUITIES 45,150,441.18

AMERICAN CENTURY - EQUITIES 21,153,474.50

ARROWSTREET CAPITAL - EQUITIES 257,702,955.65

GENESIS - EQUITIES 16,510,347.83

LAZARD ASSET MGT - EQUITIES 16,758,126.39

MFS EQUITIES 66,932,099.92

WELLINGTON MGT - EQUITIES 170,135,610.50

WELLINGTON SC - EQUITIES 7,881,395.00

628,991,824.14TOTAL

SharesGlobal Equities Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

A P MOLLER - MAERSK A/S - A 376,306.99 115

A P MOLLER MAERSK A/S 370,439.49 110

ABN AMRO GROUP NV-CVA 801,150.40 62,973

ABSA GROUP LTD 389,085.66 30,702

ABU DHABI NATIONAL OIL CO FO 334,110.12 298,499

ADEVINTA ASA 498,601.37 44,379

ADMIRAL GROUP 704,755.96 20,455

AFRICAN RAINBOW MINERALS LTD 352,403.01 18,710

ALINMA BANK 1,412,613.79 146,209

AMERICA MOVIL SA 2,560,552.95 2,660,400


AMERIPRISE FINANCIAL INC 403,521.33 1,380

ANGLO AMERICAN ORD 340,001.27 7,001

ANGLOGOLD ASHANTI LTD 328,084.45 13,641

ASM INTL NV 689,951.54 2,000

ASMEDIA TECHNOLOGY INC 390,172.55 6,000

ASML HOLDING NV 5,437,177.36 8,545

ASUSTEK COMPUTER INC 928,842.05 69,000

AU OPTRONICS CORP 835,879.46 1,115,000

BANCO SANTANDER CHILE 344,630.92 6,400,866

BANK LEUMI LE-ISRAEL 1,624,248.79 149,520

BANK OF AMERICA CORP. 3,310,912.18 77,800

BANK OF COMMUNICATIONS CO-H 857,481.38 1,299,927

BIDVEST GROUP ORD 345,306.06 23,254

BIM BIRLESIK MAGAZALAR AS 333,283.77 63,493

BK HAPOALIM BM ILS 999,083.63 103,594

BOEING CO 839,156.34 4,500

BP PLC 4,533,559.03 959,724

CAP GEMINI FRF 40. 426,249.09 2,065


CATHAY LIFE INSURANCE CO 1,582,536.34 721,000

CBRE GROUP INC 346,584.03 3,845

CEMIG CIA ENERG MG 502,909.27 203,525

CHAILEASE HOLDING CO LTD 685,150.82 82,000

CHEVRON CORP. 2,868,148.99 18,200

CHINA DEVELOPMENT FINANCIAL 1,028,476.32 1,596,000

CHINA EVERBRIGHT BANK CO L H 343,045.10 953,000

CHINA HONGQIAO GROUP LTD 550,944.20 489,000

CHINA PETROLEUM 947,971.00 2,166,000

CHINA SHENHUA ENERGY CO - H 726,620.54 287,179

CHINATRUST FINANCIAL HOLDING CO. 361,882.40 370,000

CITIGROUP INC. 548,711.03 9,650



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

CJ O SHOPPING CO., LTD 556,641.25 5,248

CLICKS GROUP 349,066.15 16,831

COAL INDIA 962,313.61 413,230

COCA-COLA EUROPEAN PARTNERS 945,535.22 19,000

COLES GROUP LTD 371,692.07 27,659

DB INSURANCE CO LTD 358,292.84 7,381

DDI CORPORATION 3,307,331.83 100,300

DIASORIN SPA 588,042.05 4,188

DISCOVER FINANCIAL 401,933.73 3,530

DNB BANK ASA 2,055,500.34 90,375

DOUZONE BIZON CO LTD 20,221.12 557

DUBAI ISLAMIC BANK 954,750.04 589,529

ECOPETROL SA 492,428.00 589,581

ELECTRICITE DE FRANCE SA-RTS 33,469.00 85,595

EMAAR PROPERTIES PJSC 757,762.09 523,886

E-MART CO., LTD 365,657.63 3,213

EMIRATES TELECOM GROUP CO 2,669,034.79 280,475

EQUINOR 2,665,564.38 80,026

EREGLI DEMIR CELIK 342,495.35 144,951

ERSTE GROUP BANK 364,025.47 10,235

EURAFRANCE FF200 788,650.15 9,902

EXXON MOBIL CORPORATION 3,713,963.64 48,282

FAR EASTERN TEXTILE 756,953.20 708,000

FAR EASTONE TELECOMM CO LTD 879,174.47 334,000

FIBRA UNO ADMINISTRACION SA 878,416.34 822,800

FIRST FINANCIAL 354,218.85 380,000

FRANCE TELECOM SA 1,923,178.02 165,167

FUBON FINL HOLDING CO. 1,405,694.09 540,607

GAIL INDIA 870,893.77 431,549

GENERAL ELECTRIC CO 1,107,903.42 11,700

GJENSIDIGE FORSIKRING ASA 914,501.07 36,476

GPO FIN BANORTE SE 1,058,001.66 154,600

GPO IND BIMBO SER' 354,474.92 124,100

GRASIM INDUSTRIES LTD 860,009.52 40,313

GREAT-WEST LIFECO 910,676.50 32,200

GROWTHPOINT PROPERTIES LTD 356,781.27 393,326

HALLIBURTON COMPANY 341,216.11 10,022

HANKOOK TIRE CO LTD 431,757.71 15,262

HARMONY GOLD MINING CO 333,941.97 67,529

HCA HEALTHCARE INC 816,069.03 3,075

HYUNDAI GLOVIS CO LTD. 647,487.55 4,620

HYUNDAI MOTOR CO LTD-PFD 375,303.80 5,452



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

HYUNDAI MOTOR LTD 404,335.45 5,808

HYUNDAI STEEL CO 542,237.17 16,745

INDIAN OIL CORPORATION LTD 350,896.93 219,220

INFOSYS TECHNOLOGIES LTD 2,152,478.09 85,640

ING GROEP NV NLG1 2,626,861.36 248,377

INNOLUX CORP 705,992.01 1,159,000

JAPAN POST INSURANCE CO LTD 362,873.35 20,300

JDE PEETS 832,245.56 28,077

JFE HOLDINGS INC 357,177.03 24,400

KIA CORPORATION 1,056,997.17 17,653

KONINKLIJKE AHOLD DELHAIZE NV 2,770,585.31 87,687

KONINKLIJKE KRN 1,133,251.27 343,898

KT G CORP 847,044.58 12,648

KUMBA RESOURCES LTD 340,817.95 24,586

KYNDRYL HOLDINGS INC 24,408.54 2,017

LG ELECTRONICS INC 870,247.28 8,409

LG INNOTEK CO LTD 873,938.42 2,868

LG SECURITIES CO K 425,201.17 45,306

LG.PHILIPS LCD CO LTD 552,718.28 34,369

LITE-ON TECHNOLOGY CORP 963,196.87 391,000

LOTTE SHOPPING CO 781,690.16 9,999

M G PLC 1,040,505.92 351,813

MARUBENI CORP JPY5 352,447.83 30,800

MEDIATEK INC 766,778.44 23,000

METLIFE INC 592,171.46 8,821

MIRAE ASSET SECURITIES CO LTD 392,956.00 57,675

MITSUI and CO 339,540.03 13,200

MIZRAHI TEFAHOT BANK 652,697.13 17,527

MOL MAGYAR OLAJ-EX GAZIPARI 345,037.20 43,191

MONETA MONEY BANK AS 486,471.25 125,872

MORGAN STANLEY 1,303,860.70 14,200

MOWI ASA 1,148,102.78 44,198

MTN GROUP LIMITED 351,046.17 26,150

MULTICHOICE GROUP LTD 767,946.44 87,706

NAN YA PLASTICS CORP 1,628,922.59 503,000

NANYA TECHNOLOGY CORPORATION 460,648.88 180,000

NATIONAL BANK OF ABU DHABI 2,135,275.09 363,342

NATL INDUSTRIALIZATION 865,327.59 139,804

NEDBANK GROUP LTD 363,575.20 23,266

NN GROUP NV 1,428,297.07 28,885

NORSK HYDRO AS NOK 1,309,252.58 141,151

NOVATEK MICROELECTRONICS LTD 859,343.69 53,000



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

NOVO NORDISK A/S-B 4,012,451.24 37,523


OLD MUTUAL 372,853.90 404,410

ONEOK INC. 330,223.32 5,160

ORBIA ADVANCE CORP SAB 662,519.06 272,600

ORION OFFICE REIT INC 10,049.01 577

ORKLA ASA NWKR 6.2 875,738.39 98,643

PAGE INDUSTRIES 356,849.47 641

PAN OCEAN CO LTD 403,338.49 68,550

PANASONIC CORP 1,849,401.93 189,600

PETRONET LNG LTD 725,257.25 269,452

PHILIPS ELECTRONICS 2,485,985.12 77,723

PHILLIPS 66 378,910.25 4,976


POLSKA GRUPA ENER 802,859.43 353,825

POWER GRID CORP OF INDIA 642,154.70 231,480

POWSZECHNY 787,899.10 96,649

QUANTA COMPUTER INC 998,852.24 307,000

QUEBECOR B 328,958.04 14,400

RAND MERCHANT INVESTMENT HOL 42,015.94 12,250

RANDSTAD HOLDING 926,761.84 14,370

RAYTHEON TECHNOLOGIES CORP 1,658,174.27 17,402

REINET INVESTMENTS SCA 380,587.86 17,855

REPSOL SA 1,677,003.45 135,631

ROLLS-ROYCE HOLDINGS PLC 678,221.85 548,108

SAMSUNG ELEC MECH 544,981.54 4,147

SAMSUNG ELECTRONIC 1,397,907.22 23,904

SAMSUNG SECS CO KS 657,360.08 19,184

SAUDI ARABIAN OIL CO 1,895,400.26 174,522

SAUDI INDL INV GROUP 354,739.35 36,253

SAUDI KAYAN PETROCHEM 411,810.15 69,713

SHINHAN FINANCIAL GROUP LTD 1,128,317.09 35,576

SHOPRITE HOLDING LTD 333,708.41 21,554

SIBANYE STILLWATER LTD 337,840.14 78,774

SIMON PROP GROUP INC. 497,930.69 3,813

SINOPAC HOLDINGS 972,420.45 1,602,000

SK HOLDINGS CO LTD 754,696.19 3,871

SK INNOVATION CO., LTD 716,576.56 4,268

S-OIL CORPORATION 376,608.43 5,391

SPAR GROUP LTD 347,436.65 31,934

STELLANTIS NV 1,340,630.09 81,185

SUN PHARMACEUTICAL INDUSTRIES 1,156,432.52 97,929



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

SYNNEX TECHNOLOGY INTL CORP 938,601.20 373,000

T IS BANKASI SER C 350,165.20 601,472

T.GARANTI BANASI T 335,684.24 414,528

TAISHIN FINANCIAL HOLDINGS 932,683.53 1,366,000

TAIWAN MOBILE CO. LTD 890,473.51 236,000

TAIWAN SEMICONDUCTOR MANUFACTURING 2,330,167.98 115,000

TELEFONICA SA 1,855,608.59 411,082

TELENOR ASA 896,207.30 59,487

THOMSON REUTERS CORP 1,734,495.11 16,800

TRANSDIGM GROUP INC 384,275.24 592

UNIBAIL-RODAMCO-WESTFILED 969,066.62 13,780

UNITED MICROELECTRONICS 2,005,928.66 1,092,000

VERBUND AG 647,910.78 6,542

VIVENDI UNIVERSAL EUR 346,071.30 26,863

VODACOM GROUP 347,279.22 33,130

WELLS FARGO COMPANY 2,292,383.49 44,639

WHARF(HLDGS) HKD1 501,332.97 162,000

WIWYNN CORP 760,678.72 22,000

WOLTERS KLUWER NV 2,367,831.72 23,108

WOONGJIN COWAY CO LTD 611,358.46 11,050

WPG HOLDINGS CO 904,230.05 452,000

XP INC-BDR 96,707.10 3,094

YARA INTERNATIONAL ASA 18,164 908,497.48

177,614,175.80TOTAL 43,889,315

Real Estate - Direct Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

RELATED - UNION SQUARE APTS 1,038,291.74

1,038,291.74TOTAL

SharesReal Estate - REIT Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

ACADIA RLTY TR 20,554.45 936

ALEXANDER & BALDWIN INC. 18,493.98 781

ALEXANDERS INC 5,757.56 23

ALPINE INCOME PROPERTY 2,080.08 110

AMERICAN ASSETS TRUST INC 19,969.84 539

AMERICAN CAMPUS COMMUNITIES INC 82,056.50 1,486

AMERICOLD REALTY TRUST 76,779.82 2,893

APARTMENT INCOME REIT CO 90,054.89 1,695

APARTMENT INVT & MGMT 32,115.83 4,340

APPLE HOSPITALITY REIT INC 42,526.88 2,310

ASHFORD HOSPITALITY TRUST INC 1,681.76 183

AVALONBAY COMMUNITIES 371,197.52 1,513

BLUEROCK RESIDENTIAL GROWTH 7,578.96 286


BRAEMAR HOTELS & RESORTS INC 3,714.46 616

BRANDYWINE REALTY 24,673.08 1,829


BROADSTONE NET LEASE INC-A 36,769.09 1,696

BRT APARTMENTS CORP 2,933.53 123

CAMDEN PROPERTY TRUST 176,568.21 1,072

CARETRUST REIT INC. 19,302.30 1,040

CEDAR REALTY TRUST INC 3,761.86 138

CENTERSPACE 14,893.26 154

CHATHAM LODGING TRUST 7,112.11 515

CITY OFFICE REIT INC 8,090.50 461

CLIPPER REALTY INC 1,234.19 132

COMMUNITY HEALTHCARE TRUST INC 10,626.89 257

COREPOINT LODGING INC 691,967.25 43,275

CORPORATE OFFICE PROPERTY 33,567.90 1,218

COUSINS PROPERTIES INC 63,660.39 1,608

CREATIVE MEDIA & COMMUNITY TRUST CORP 1,468.52 189

CYRUSONE INC. 12,846,565.50 141,951

DIAMONDROCK HOSPITALITY 22,697.66 2,254

DIGITAL REALTY TRUST INC 423,239.54 3,046

DIGITALBRIDGE GROUP INC 36,811.97 5,229

DIVERSIFIED HEALTHCARE TRUST 7,367.00 2,558

DOUGLAS EMMETT INC 58,770.49 1,805

DUKE RE CORPORATION 231,988.81 4,125

EASTERLY GOVERNMENT PROPERTI 19,455.12 934

EASTGROUP PROPERTY INC 85,568.92 436

EMPIRE STATE REALTY TRUST-A 15,142.36 1,542

EPR PROPERTIES 41,354.28 803



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

EQUINIX INC 710,249.77 970


ESSENTIAL PROPERTIES REALTY TRUST INC 33,029.38 1,305


EXTRA SPACE STORAGE INC 276,601.32 1,423

FARMLAND PARTNERS INC 4,060.23 309

FIRST INDUSTRIAL RE 84,048.32 1,395

FOUR CORNERS PROPERTY TRUST 22,132.69 833

FRANKLIN STREET PPTYS CO 6,285.26 1,095

GETTY RLTY CORP 12,423.63 439

GLADSTONE COMMERCIAL CORP 8,662.24 399

GLADSTONE LAND CORP 12,458.61 338

GLOBAL MEDICAL REIT INC 10,416.69 645

GLOBAL NET LEASE INC 16,904.87 1,124

HEALTHCARE RLTY TR 43,470.37 1,590

HEALTHCARE TRUST OF AMERICA INC 73,419.22 2,360

HEALTHPEAK PROPERTIES INC 193,751.01 5,850

HERSHA HOSPITALITY TRUST 3,170.26 348

HIGHWOODS PROP INC. 49,695.29 1,115


HUDSON PACIFIC PROPERTIES INC. 43,126.33 1,608

INDUS REALTY TRUST INC. 4,584.87 62

INDUSTRIAL LOGISTICS PROPERT 15,553.92 700

INVENTRUST PROPERTIES CORP 145,524.85 5,060

INVITATION HOMES INC 263,248.05 6,476

IRON MTN INC PA 153,677.08 3,109

JBG SMITH PROPERTIES 38,067.05 1,325

KILROY RE CORP 94,222.31 1,260

KIMCO REALTY CORP 151,145.16 6,303

KITE REALTY GROUP TRUST 52,299.77 2,339

LAMAR ADVERTISING CO-A 105,027.76 934

LIFE STORAGE INC 118,738.27 884

LTC PROPERTIES INC 15,355.12 420

LXP INDUSTRIAL TRUST 47,002.55 3,013

MACERICH CO 33,629.77 2,305

MEDICAL PROPERTIES TRUST INC 131,168.38 6,411

MID-AMERICAN APARTMENT 258,824.63 1,252

NATIONAL HEALTH INVESTORS INC 27,223.66 471

NATIONAL RETAIL PROPERTIES 82,128.88 1,895

NATIONAL STORAGE AFFILIATES 53,549.72 875

NETSTREIT CORP 9,338.44 427

NEXPOINT RESIDENTIAL 20,962.58 239



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

OFFICE PROPERTIES INCOME TRUST 12,843.17 516

OMEGA HEALTHCARE INV 74,896.33 2,588

ONE LIBERTY PROPERTIES INC 5,444.28 173

OUTFRONT MEDIA INC 44,700.58 1,569

PARAMOUNT GROUP INC 21,367.33 2,012

PARK HOTELS & RESORTS INC 48,367.28 2,547

PEBBLEBROOK HOTEL TRUST 33,904.02 1,401

PHYSICIANS REALTY TRUST 40,463.07 2,376

PIEDMONT OFFICE REALTY TRUST INC 22,514.96 1,337

PLYMOUTH INDUSTRIAL REIT INC 9,001.22 337

PREFERRED APARTMENT COMMUN-A 13,982.48 562

PROLOGIS INC. 1,281,914.18 8,006

PS BUSINESS PARKS INC/CA 34,991.07 217

PUBLIC STORAGE INC 598,233.06 1,636

REALTY INCOME CORP 410,328.66 6,139

REGENCY CENTERS CORP 123,604.40 1,832

RETAIL OPPORTUNITY INVESTMENTS CORP 24,454.16 1,281

RLJ LODGING TRUST 25,746.38 1,783

RPT REALTY 12,005.55 902

RYMAN HOSPITALITY PROPERTIES 53,017.52 580

SABRA HEALTHCARE REIT INC 34,232.33 2,461

SAFEHOLD INC 13,021.05 224

SAUL CENTERS INC 6,339.80 128

SERITAGE GROWTH PROP- A REIT 4,747.59 402

SERVICE PROPERTIES TRUST 15,602.50 1,769

SIMON PROP GROUP INC. 463,029.63 3,540

SITE CENTERS CORP 30,466.92 1,868

STORE CAPITAL CORP 78,015.60 2,650

SUMMIT HOTEL PROPERTIES INC 11,279.46 1,119

SUN COMMUNITIES INC 223,241.66 1,243

SUNSTONE HOTEL INVESTORS INC 27,471.51 2,346

TANGER FACTORY OUTLET 18,689.82 1,102

TERRENO REALTY CORP 58,066.50 795

THE NECESSITY RETAIL 10,182.12 1,338

UNIVERSAL HEALTH RLT 7,992.91 138

URBAN EDGE PROPERTIES 23,499.71 1,248

URSTADT BIDDLE PPTYS 6,269.09 321

VENTAS INC. 256,930.76 4,324

VERIS RESIDENTIAL INC 15,985.27 947

VICI PROPERTIES INC 187,686.54 6,825

VORNADO REALTY TRUST 87,708.82 1,903

WASHINGTON RE INV 40,977.66 1,653



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

WELLTOWER INC 435,404.15 4,726

WHITESTONE REIT-B 6,552.12 496

XENIA HOTELS & RESORTS INC 1,228 23,651.15

25,097,168.69TOTAL 404,874

Real Estate - Funds Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

ARES EUROPEAN PROPERTY PTNRS III 838,221.07

BLACKSTONE RE PARTNERS IX 5,386,447.17

BLACKSTONE RE PARTNERS V (BREPV) 176,218.48

BLACKSTONE RE PARTNERS VIII 541,646.38

BLACKSTONE RE PRTNRS EUROPE VI 929,878.81

BLACKSTONE RE PRTNRS INTL III 42,381.24

CARLYLE REALTY PARTNERS VII 438,190.00

CBRE ASIA VALUE PARTNERS IV 1,183,771.41

CBRE ASIA VALUE PARTNERS V 405,833.00

HARRISON STREET RE PARTNERS VII 1,521,978.00

JP MORGAN EUROPE III 7,983,615.97

SCREP VI FUND 1,115,512.41

SCREP VII, L.P. 37,890.38

20,601,584.32TOTAL

AI Private Equity – Domestic Private Equity Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

APOLLO INVESTMENT FUND VIII 795,393.19

APOLLO INVESTMENT FUND VII 1,438,518.85

BAIN CAPITAL FUND XI 2,150,789.00

BLACKSTONE CAPITAL PARTNERS VI 1,373,026.72

BLACKSTONE CAPITAL PARTNERS VII 5,430,932.26

FRANCISCO PARTNERS V 11,000,000.00

GCM MMIF (2007 Series) 2,751,761.65

GCM MMIF (2008 Series) 5,782,002.77

GCM MMIF (2010 Series) 1,600,242.90

GCM MMIF (2013 Series) 6,478,709.13

GCM MMIF (2015-1 Series) 981,361.69

GCM MMIF (2015-2 Series) 571,125.55

GTCR FUND XII 7,029,817.00

H.I.G. MIDDLE MARKET LBO FUND II 557,452.09

SILVER LAKE PARTNERS V 302,632.48

THOMA BRAVO FUND XII 16,855,174.00

TOWERBROOK INVESTORS IV 484,641.00

65,583,580.28TOTAL

SharesAI Private Equity – Global/International Private Equity Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

AXIOM ASIA PRIVATE CAPITAL FUND III 1,633,548.00

AXIOM ASIA PRIVATE CAPITAL FUND IV 6,542,969.00

DOVER STREET IX, L.P. 1,256,019.00

DOVER STREET VII 241,294.00

DOVER STREET VIII 310,633.00

H.I.G. BRAZIL AND LATIN AMERICA PARTNERS 1,889,371.65

HARBOURVEST CO-INVESTMENT V 6,814,654.00

HARBOURVEST INT'L IV-DIRECT FUND 306,552.00

HERMES GPE OHIO SIDECAR 2,837,372.22

HERMES GPE PEC III, L.P. 5,407,277.59

HERMES GPE PEC IV 2,809,482.48

30,049,172.94TOTAL

AI Private Equity – Venture Capital Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

BAIN CAPITAL VENTURE COINVESTMENT FUND 1,745,889.00

BAIN CAPITAL VENTURE FUND 2014, L.P. 3,687,894.00

CHP III 1,289,914.00

COMMONFUND CAPITAL VENTURE PARTNERS X 2,381,409.00

COMMONFUND CAPITAL VENTURE PARTNERS XI 582,504.00

EW HEALTHCARE PARTNERS 45,103,512.09

HARBOURVEST PARTNERS VI DIRECT FUND L.P. 353,995.00

NEW ENTERPRISE ASSOCIATES 15 2,170,074.00

WARBURG PINCUS PRIVATE EQUITY X 382,700.00

WARBURG PINCUS PRIVATE EQUITY XI, L.P. 4,703,625.00

WARBURG PINCUS PRIVATE EQUITY XII 14,307,280.00

76,708,796.09TOTAL

AI Opportunistic Diversified Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

ARES CAPITAL EUROPE IV 4,221,247.39

ARES CAPITAL EUROPE V LEVERED 489,547.85

ARES CORPORATE OPPORTUNITIES FUND IV 808,883.00

ARES CORPORATE OPPORTUNITIES FUND V 3,919,305.76

ATALAYA ASSET INCOME FUND IV 543,200.63

BLACKSTONE STRATEGIC CAP HOLDINGS, LP 1,422,392.00

BULLHORN - GOLUB - UNITRANCH & DDTL 23,388.43

CAMBIUM LEARNING GROUP, INC 37,500.00

CERITY PARTNERS LLC - DELAYED DRAW TERM 20,652.17

CERITY PARTNERS, LLC - TERM LOAN 29,347.83

DAVIDSON KEMPNER SPECIAL OPPTY FD II 5,437,500.00

DIGITAL ROOM HOLDINGS - 1ST LIEN 37,500.00

DIGITAL ROOM HOLDINGS - 2ND LIEN 1,000.00

ENCAP ENERGY CAPITAL FUND XI 512,125.66

E-PHOENIX ACQUISITION CO, INC. 50,000.00

FORTRESS EUROPEAN NPL OPP FUND II 2,286,120.74

FORTRESS ITALIAN NPL OPPORTUNITIES FUND 980,404.06

FORTRESS LENDING FUND I (A), L.P. 2,655,169.43

FP CREDIT PARTNERS LP 5,302,546.00

GERSON LEHRMAN GROUP, INC. 46,747.97

GOLUB CAPITAL BDC INC 13,719,288.95

GSO ENERGY SELECT OPP FEEDER FUND II 336,318.00

H.I.G BAYSIDE VI 465,400.54

HPS MEZZANINE PARTNERS FUND 2019 9,999.68

HPS SPECIALTY LOAN FUND V-L 905,771.58

KING STREET CAPITAL 424,266.53

KING STREET EUROPE, L.P. 210,150.35

LLCP LOWER MIDDLE MARKET III, LP 7,052.02

MERCER ADVISORS, INC. 52,961.92

MIDAS CO-INVEST-UNITRANCHE 40,000.00

NB CREDIT OPPORTUNITIES FUND II 1,748,764.00

OWL ROCK CAPITAL CORP 10,429,077.37

OXFORD FINANCE 3,382,167.88

PROVIDENCE TMT SPECIAL SITUATIONS FUND 862,241.00

REVERENCE CAP PARTNRS CREDIT OPP III, LP 2,306,279.77

SIXTH STREET SPECIALTY LENDING 4,932,730.30

SONNY'S HOLDINGS LLC 34,298.78

STONE POINT CREDIT CORPORATION 800,779.59

TPG OPPORTUNITIES PARTNERS III (A), L.P. 1,506,069.00

TSSP ADJACENT OPP PARTNERS (TAO 2.0) 15,043,323.00

TSSP ADJACENT OPP PARTNERS (TAO 3.0) 14,185,065.00

VARAGON CAPITAL DIRECT LENDING, LP 29,414.14

AI Opportunistic Diversified Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

VARAGON SMA 8,475,109.00

VITAL CARE 45,214.17

WARBURG PINCUS ENERGY, L.P. 25,551.42

WHITEHORSE PRINCIPAL LENDING FUND LP 205,621.62

109,007,494.53TOTAL

SharesAI - Stock Distribution Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

ACV AUCTIONS INC 2,916,759.74 218,431

AIRBNB INC-CLASS A 1,503,654.44 10,247

DOCUSIGN INC 4,009,537.40 53,378

FIRST ADVANTAGE CORP 4,092,102.83 241,740

ROBINHOOD MARKETS INC 5,694,359.55 524,284

TELADOC INC 68,083 3,623,821.72

21,840,235.68TOTAL 1,116,163

SharesAI Liquid Alternatives - Internally Managed Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

3M COMPANY 196,173.43 1,323

ABBOTT LABORATORIES 542,885.58 4,435

ABIOMED INC 112,891.01 371

ACCENTURE PLC 238,396.54 736

ACTIVISION BLIZZARD INC 401,469.95 5,100

ADOBE SYSTEMS INC. 365,349.87 806

ADVANCE AUTO PARTS INC 171,640.72 832

ADVANCED MICRO DEVICES INC. 239,428.39 2,111

AFLAC INC 194,831.27 3,097

AGILENT TECHNOLOGIES INC 285,529.78 2,053

AIR PROD. AND CHEM. 150,095.47 648

AIRBNB INC-CLASS A 267,134.63 1,600

AKAMAI TECHNOLOGIES 226,105.18 1,923

ALBEMARLE CORP 111,982.42 565

ALEXANDRIA REAL ESTATE 124,009.76 634

ALIGN TECHNOLOGY INC 98,750.58 223

ALLIANT ENERGY CORPORATION 158,569.56 2,631

ALLSTATE CORP 180,970.83 1,356

ALLY FINANCIAL INC 169,841.65 3,781

ALPHABET INC 533,601.39 196

ALPHABET INC CL C 93,023.18 34

ALTRIA GROUP INC 122,024.69 2,363

AMAZON.COM INC 316,045.44 98

AMDOCS LIMITED 157,502.04 1,929

AMEREN CORP. 275,634.18 3,139

AMERICAN ELECTRIC POWER 400,095.60 4,255

AMERICAN EXPRESS CO. 195,445.99 1,025

AMERICAN INTL GROUP 257,681.43 4,225

AMERICAN WATER WORKS CO INC 184,226.54 1,161

AMETEK INC. 159,103.50 1,181

AMGEN INC 175,975.54 745

AMPHENOL CORP-CL A 139,823.38 1,823

ANALOG DEVICES 173,377.12 1,061

ANNALY CAPITAL MGT. INC. 119,166.44 16,574

ANSYS INC 127,741.90 401

ANTHEM INC. 372,822.49 780

APPLE INC. 472,636.60 2,883

APPLIED MATERIALS INC. 195,083.40 1,444

APTIV PLC 74,043.46 624

ARCH CAPITAL GROUP LTD 87,523.35 1,911

ARCHER DANIELS MIDLAND CO 446,222.76 5,316

ARISTA NETWORKS INC 268,716.70 2,048



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

AT T INC 189,472.35 8,174

ATLASSIAN CORP PLC - CLASS A 185,064.37 628

ATMOS ENERGY CORP. 198,558.76 1,762

AUTODESK INC. 154,186.19 723

AUTOMATIC DATA PROC. 10,088.49 47

AUTOZONE INC 429,594.00 220

BAKER HUGHES COMPANY 251,542.71 7,136

BANK OF AMERICA CORP. 250,472.55 5,844

BAXTER INTL 198,885.18 2,515

BERKSHIRE HATHAWAY INC. CLASS B 244,108.56 713

BEST BUY COMPANY INC 104,853.46 1,030

BIOGEN IDEC INC 96,131.83 461

BIOMARIN PHARMACEUTICAL 56,487.67 692

BIO-TECHNE CORP 182,233.11 409

BLACKROCK INC 185,375.10 251

BLACKSTONE INC 91,001.74 741

BOOKING HOLDINGS INC 111,499.20 51

BORG WARNER INC. 142,127.99 3,684

BOSTON PROPERTIES INC 66,986.03 538

BOSTON SCIENTIFIC CORP. 231,722.91 5,245

BRISTOL-MYERS SQUIBB 408,487.80 5,755

BROADCOM LTD 130,618.51 214

BROADRIDGE FINANCIAL 208,059.18 1,355

BROWN-FORMAN -CL B 100,639.08 1,555

BURLINGTON STORES INC 123,421.53 626

C.H.ROBINSON WORLDWIDE INC 117,873.27 1,124

CADENCE DESIGN SYS INC 327,188.13 2,060


CARMAX INC. 110,068.65 1,054

CARNIVAL CORP 69,911.64 3,600

CARRIER GLOBAL CORP 148,852.56 3,118

CATERPILLAR INC. 405,515.25 1,836

CBRE GROUP INC 168,441.64 1,850

CDW CORP 143,837.96 802

CELANESE CORP-SERIES A 170,371.46 1,193

CENTENE CORP 103,748.57 1,183

CERNER CORP. 210,411.72 2,248

CHARTER COMMUNICATIONS INC-A 25,977.46 45

CHECK POINT SOFTWARE TECH 215,337.10 1,540

CHEVRON CORP. 345,691.45 2,138

CHIPOTLE MEXICAN GRILL - CL A 112,725.41 71

CHUBB LIMITED 397,138.63 1,878



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

CHURCH AND DWIGHT INC 300,969.86 3,106

CINCINNATI FINANCIAL CORP. 411,707.99 3,219

CINTAS CORP 208,170.53 520

CISCO SYSTEMS 445,815.75 7,971

CITIGROUP INC. 51,406.80 897

CITIZENS FINANCIAL GROUP 292,109.06 5,936

CITRIX SYSTEMS INC 136,749.90 1,358

CLOROX COMPANY 195,198.61 1,459

CME GROUP INC 296,475.76 1,188

CMS ENERGY CORP 286,934.45 4,337

COCA COLA CO. 161,380.39 2,687

COGNIZANT TECH SOLUTIONS CORP 383,128.76 4,179

COLGATE PALMOLIVE 100,951.32 1,399

COMCAST CORP - CL A 184,901.20 3,945

CONOCOPHILLIPS 632,700.57 6,355

CONSOLIDATED EDISON INC. 295,236.29 3,330

COOPER COMPANIES INC. 302,470.31 718

COPART INC 194,703.40 1,507

CORNING INC 266,998.03 7,030

CORTEVA INC 148,509.65 2,661

COSTAR GROUP INC 244,125.57 3,746

COSTCO WHOLESALE CORP. 1,116,439.89 1,989

CSX CORP. 369,299.25 10,182

CUMMINS INC. 174,875.76 846

CVS HEALTH CORP 356,530.42 3,324

D.R. HORTON INC. 361,566.45 4,219

DANAHER CORP 458,381.01 1,569

DARDEN RESTAURANTS INC 62,786.97 470

DEERE AND CO. 212,337.45 514

DELL TECHNOLOGIES - C 97,261.12 1,878

DENTSPLY SIRONA INC 120,042.16 2,469

DIAMONDBACK ENERGY INC 255,196.91 1,942

DIGITAL REALTY TRUST INC 180,911.97 1,302

DISCOVER FINANCIAL 198,016.98 1,710

DISH NETWORK CORP 55,127.55 1,744

DOLLAR GENERAL CORP. 175,405.86 764

DOLLAR TREE INC 216,681.16 1,379

DOMINION ENERGY INC 397,293.90 4,891

DOMINO'S PIZZA INC 105,982.55 255

DOVER CORP. 143,943.18 904

DOW INC. 70,766.88 1,135

DTE ENERGY COMPANY 113,426.42 900



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

DUKE ENERGY CORPORATION 450,805.63 4,293

DUKE RE CORPORATION 142,623.91 2,536

DUPONT DE NEMOURS INC 111,630.94 1,456

EASTMAN CHEMICAL CO. 110,016.63 1,020

EATON CORP PLC 223,043.22 1,434

EBAY INC 302,178.49 5,398

ECOLAB INC 76,652.40 448

EDISON INTERNATIONAL 152,220.38 2,356

EDWARDS LIFESCIENCES 118,591.35 1,052

ELECTRONIC ARTS INC 344,128.48 2,726

ELI LILLY AND COMPANY 686,497.69 2,387

EMERSON ELECTRIC CO 295,435.61 3,047

ENTERGY CORP. 294,201.98 2,689

EOG RESOURCES INC 532,493.28 4,600

EPAM SYSTEMS INC 231,420.79 786

EQUINIX INC 108,368.00 148

EQUITY LIFESTYLE PROPERTIES INC 61,747.03 813



ESTEE LAUDER CO. 228,106.75 824

ETSY INC 108,898.00 736

EVEREST RE GROUP LTD. 157,353.57 549

EVERGY INC 174,187.54 2,691

EVERSOURCE ENERGY 236,659.61 2,838

EXELON CORP 41,956.69 971

EXPEDIA GROUP INC 160,305.38 830

EXPEDITORS INT'L. WASH INC. 212,518.25 1,991

EXTRA SPACE STORAGE INC 274,074.40 1,410

EXXON MOBIL CORPORATION 306,262.28 3,895

F5 INC 179,865.34 882

FACTSET RESEARCH SYSTEMS INC. 209,015.29 476

FASTENAL CO 261,737.24 4,526

FEDEX CORPORATION 174,657.36 798

FIDELITY NATIONAL FINANCIAL 116,143.32 2,328

FIFTH THIRD BANCORP 164,253.81 3,521

FIRST ENERGY CORP. 178,777.88 4,148

FIRST REPUBLIC BANK 289,115.64 1,696

FMC CORP. 99,637.49 770

FORD MOTOR COMPANY 408,572.53 24,291

FORTINET INC 380,714.75 1,190

FORTIVE CORP 88,768.64 1,435

FORTUNE BRANDS HOME AND SECURITY 103,572.35 1,192



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

FOX CORP - CLASS A 147,558.86 3,614

FREEPORT MCMORAN COOPER AND GOLD 253,361.66 5,274

GALLAGHER (ARTHUR) J AND CO. 100,397.48 600

GARMIN LTD 239,617.05 2,004

GARTNER INC 175,405.38 588

GENERAC HOLDINGS INC 136,974.71 429

GENERAL ELECTRIC CO 305,758.43 3,200

GENERAL MILLS INC 3,430.33 55

GENERAL MOTORS CO 169,939.23 3,795

GENUINE PARTS CO 200,918.65 1,558

GILEAD SCIENCES INC. 442,675.64 7,455

GLOBAL PAYMENTS INC 6,747.96 50

GODADDY INC - CLASS A 107,972.78 1,319

GOLDMAN SACHS GROUP INC 168,870.39 489

GRAINGER W W INC 191,226.73 381

HALLIBURTON COMPANY 121,355.38 3,371

HARTFORD FINL SERVICES 307,951.11 4,349

HCA HEALTHCARE INC 118,329.95 454

HEALTHPEAK PROPERTIES INC 126,120.31 3,808

HENRY (JACK) AND ASSOCIATES 106,459.23 574

HENRY SCHEIN INC 172,781.93 1,981

HERSHEY COMPANY 290,397.96 1,405

HESS CORP. 457,636.66 4,700

HEWLETT PACKARD ENTERPRISE 228,427.83 13,437

HOLOGIC INC. 50,986.20 681

HOME DEPOT INC. 179,888.67 528

HONEYWELL INTERNATIONAL INC 105,126.65 540

HORIZON THERAPEUTICS PLC 244,096.31 2,261

HORMEL FOODS CORP 228,133.53 4,635


HP INC 142,827.02 3,855

HUBSPOT INC 172,090.62 350

HUMANA INC. 66,966.29 152

HUNTINGTON BANCSHARES 260,656.46 17,285

IAC/INTERACTIVE CORP 144,611.80 1,377

IDEX CORPORATION 176,069.85 885

IDEXX LABS INC. 214,797.22 396

ILLINOIS TOOL WORKS 98,926.63 466

ILLUMINA INC. 241,901.69 699

INGERSOLL-RAND INC 128,142.54 2,495

INSULET CORP 173,412.44 667

INTEL CORP. 230,411.42 4,860



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

INTERNATIONAL PAPER 218,912.84 4,868

INTERNATL FLAVORS AND FRAGRANCES 113,598.62 880

INTUIT INC. 199,128.43 415

INTUITIVE SURGICAL INC 98,043.15 338

INVITATION HOMES INC 104,429.31 2,569

JACOBS ENGINEERING GROUP 262,028.74 1,856

JB HUNT TRANSPORT SERVICES INC 245,347.97 1,141

JM SMUCKER CO 240,183.05 1,876

JOHNSON AND JOHNSON 238,251.18 1,363

JOHNSON CONTROLS INTERNATIONAL 184,250.75 2,810

JPMORGAN CHASE AND CO. 607,016.94 4,334

KELLOGG CO. 198,189.06 3,264

KEURIG DR PEPPER INC 164,676.35 4,360

KEYCORP 220,981.37 9,250

KEYSIGHT TECH INC 594,484.04 3,684

KIMBERLY-CLARK CORP 150,045.25 1,242

KINDER MORGAN INC. 178,100.64 10,283

KKR AND CO INC -A 233,023.84 3,921

KLA CORP. 179,949.01 493

KRAFT HEINZ CO/THE 177,527.01 4,724

KROGER CO. 296,524.96 5,316

LABORATORY CRP OF AMER HLDGS 216,023.04 785

LAM RESEARCH CORP 150,853.43 277

LEAR CORP 151,183.70 1,048

LENNAR CORPORATION 350,295.71 3,787

LIBERTY BROADBAND - C 41,368.45 293

LINCOLN NATIONAL CORP 113,998.68 1,727

LINDE PLC 301,958.23 969

LKQ CORP 205,382.82 4,397

LOCKHEED MARTIN CORPORATION 20,028.47 47

LOEWS CORP 193,325.77 3,058

LOWE'S COS 180,727.28 767

LUMEN TECHNOLOGIES INC 90,045.98 8,149

LYONDELLBASELL IND-CL A 105,973.10 1,035

M T BANK CORPORATION 274,609.59 1,532

MAN ALTERNATIVE RISK PREMIA FUND 14,000,000.00

MARATHON PETROLEUM CORP 124,229.72 1,587

MARKEL CORP 192,908.61 135

MARKETAXESS HOLDINGS INC 64,391.27 182

MARSH AND MCLENNAN COS. 249,600.74 1,538

MARTIN MARIETTA MATERIALS 147,332.82 382

MARVELL TECHNOLOGY GROUP LTD 192,553.30 2,701



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

MASCO CORP. 124,011.68 2,162

MASIMO CORP 78,977.23 501

MASTERCARD INC-CLASS A 131,618.11 376

McCORMICK AND CO 145,261.25 1,510

MEDTRONIC INC 157,719.67 1,432

MERCK AND CO INC 465,561.78 5,888

META PLATFORMS INC 443,503.77 2,049

METLIFE INC 204,271.21 2,986

METTLER-TOLEDO INTERNATIONAL 311,950.58 222

MGM RESORTS INTL 223,161.47 5,297

MICRON TECHNOLOGY INC 80,322.03 1,012

MICROSOFT CORP. 404,022.48 1,345

MID-AMERICAN APARTMENT 299,963.69 1,451

MOLINA HEALTHCARE INC 312,753.81 911

MOLSON COORS BEVERAGE CO 139,602.24 2,638

MONDELEZ INTERNATIONAL INC 196,641.51 3,199

MONSTER BEVERAGE CORP NEW 91,101.58 1,131

MOODY'S CORPORATION 99,025.30 299

MORGAN STANLEY 200,363.89 2,114

MOTOROLA SOLUTIONS INC 333,958.94 1,433

MSCI INC-A 331,949.70 638

NASDAQ INC 239,217.42 1,335

NETAPP INC. 320,048.86 3,570

NEXTERA ENERGY INC 367,848.56 4,468

NIKE INC. -CL B 188,402.23 1,436

NORFOLK SOUTHERN CORP. 317,930.40 1,157

NORTHERN TRUST CORP 233,102.89 2,024

NORTHROP GRUMMAN CORP. 8,986.06 21

NORTONLIFELOCK INC 202,394.40 7,384

NUCOR CORP 506,091.57 3,718

NVIDIA CORP 138,856.54 525

NVR INC 299,319.87 60


OLD DOMINION FREIGHT LINE 435,598.79 1,327

ONEOK INC. 126,085.03 1,883

ORACLE SYS. CORP. 722,673.58 8,852

O'REILLY AUTOMOTIVE INC. 366,356.27 531

OTIS WORLDWIDE CORP 179,494.90 2,303

PACCAR INC 185,944.79 2,098

PACKAGING CORP OF AMERICA 275,002.53 1,758

PARAMOUNT GLOBAL - CLASS B 81,880.08 2,210

PAYCHEX INC 284,998.79 2,225



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

PAYCOM SOFTWARE INC 72,154.61 201

PEPSICO INC. 118,969.64 731

PERKIN ELMER INC 276,623.53 1,517

PFIZER INC. 340,653.64 6,254

PHILIP MORRIS INTERNATIONAL 384,542.45 4,097

PHILLIPS 66 76,751.60 975


PNC FINANCIAL SERVICES GROUP 297,110.68 1,540

PPG INDUSTRIES INC. 115,706.16 884

PPL CORPORATION 56,295.53 2,114

PRINCIPAL FINANCIAL GROUP 133,820.19 1,912

PROCTER AND GAMBLE CO 184,033.92 1,226

PROGRESSIVE CORP 115,181.89 1,036

PROLOGIS INC. 278,767.49 1,741

PRUDENTIAL FINANCIAL INC 213,906.73 1,857

PUBLIC STORAGE INC 532,412.80 1,456

PUBLIC SVC ENTERPRISES 179,717.00 2,692

QORVO INC 161,050.90 1,231

QUALCOMM INC 238,159.43 1,547

QUEST DIAGNOSTICS INC 61,633.18 425

RAYMOND JAMES FINANCIAL INC 392,822.09 3,715

REALTY INCOME CORP 217,228.89 3,250

REGENERON PHARMACEUTICAL 354,608.49 517

REGIONS FINANCIAL CORP. 326,328.37 14,244

REPUBLIC SERVICES INC 99,375.69 756

RESMED INC 274,500.09 1,050

ROCKWELL AUTOMATION INC 142,031.12 515

ROKU INC 72,763.85 583

ROYAL CARIBBEAN CRUISES LTD 48,729.35 640

S P GLOBAL INC 806,722.62 2,039

SALESFORCE INC 73,502.98 336

SCHWAB (CHARLES) CORP 466,710.09 5,188

SEAGATE TECHNOLOGY 417,281.15 4,426

SEAGEN INC 170,894.81 1,197

SERVICENOW INC 391,969.84 676

SHERWIN-WILLIAMS CO 222,316.02 884

SKYWORKS SOLUTIONS INC 182,708.34 1,352

SNAP-ON INC 232,562.46 1,087

SOUTHERN CO 378,090.46 5,561

SPDR S AND P 500 ETF TRUST 4,554,465.60 10,545

SPOTIFY TECHNOLOGY SA 61,224.70 423

STARBUCKS CORP. 23,912.39 267



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

STATE STREET CORP 130,667.63 1,470

STERIS PLC 274,797.16 1,171

STRYKER CORP. 230,411.42 862

SUN COMMUNITIES INC 103,269.47 575

SYNCHRONY FINANCIAL 315,643.68 8,406

SYNOPSYS INC. 328,986.10 1,034

SYSCO CORP. 109,213.44 1,345

T ROWE PRICE GROUP INC. 169,742.60 1,157

TAKE-TWO INTERACTIVE SOFTWARE 277,235.14 1,832

TARGET CORP 658,815.78 2,915

TE CONNECTIVITY LTD 170,058.93 1,271

TELEDYNE TECHNOLOGIES INC 183,244.52 419

TERADYNE INC 187,190.97 1,523

TEXAS INSTRS INC 265,227.02 1,473

TEXTRON INC. 209,255.39 2,786

THE BANK OF NEW YORK MELLON CORP 427,693.64 8,184

THERMO FISHER SCIENTIFIC 466,525.22 792

TJX COS. INC. 69,138.84 1,108

T-MOBILE US INC. 207,110.00 1,629

TRACTOR SUPPLY COMPANY 529,319.12 2,267

TRADE DESK INC/THE -CLASS A 91,532.40 1,331

TRANE TECHNOLOGIES PLC 299,903.67 1,890

TRAVELERS COS INC 208,391.04 1,156

TRIMBLE NAVIGATION LTD 153,012.85 2,132

TRUIST FINANCIAL CORP 8,485.35 145

TWITTER INC 139,977.58 3,710

TYLER TECHNOLOGIES I 93,292.82 214

TYSON FOODS INC. CL-A 428,007.21 4,914

ULTA SALON COSMETICS AND FRAGRANCE INC 273,831.60 700

UNION PACIFIC CORP. 120,449.46 461

UNITEDHEALTH GROUP INC 161,944.77 320

UNIVERSAL HEALTH SERVICES CL B 96,854.50 660

US BANCORP 773,118.19 13,686

V F CORP 168,040.39 2,925

VALERO ENERGY CORP. 196,868.41 2,178

VENTAS INC. 212,781.93 3,581

VERISIGN INC 111,016.56 503

VERIZON COMMUNICATIONS 496,988.62 9,791

VERTEX PHARMAREUTICALS INC 212,180.99 852

VIATRIS INC 75,475.95 7,107

VISA INC-CLASS A 168,025.82 767

VMWARE INC-CLASS A 112,387.67 975



1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

VULCAN MATERIALS CO 134,636.93 734

WALGREENS BOOTS ALLIANCE INC 494,302.19 10,446

WALMART INC 800,568.30 5,506

WATERS CORPORATION 300,569.36 889

WEC ENERGY GROUP INC. 278,618.73 2,944

WELLS FARGO COMPANY 712,688.33 13,871

WEST PHARMACEUTICAL SERVICES 425,843.37 1,027

WESTERN DIGITAL CORP 111,524.07 2,264

WESTERN UNION CO. 60,471.01 3,367

WESTROCK COMPANY 166,817.00 3,509

WHIRLPOOL CORP 129,461.53 665

WILLIAMS COS. INC. 290,193.63 9,236

WORKDAY INC-CL A 138,341.37 568

XCEL ENERGY INC 238,561.28 3,470

XYLEM INC. 198,858.75 2,259

YUM BRANDS INC 102,437.47 840

ZEBRA TECHNOLOGIES CORP CL-A 214,634.64 491

ZOETIS INC 1,681 329,238.98

107,231,809.64TOTAL 954,587

ContractsAI Liquid Alternative Hedge Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

S&P 500 EMINI FUTURES JUN 22 286,395,797.17 1,344

S&P 500 EMINI FUTURES MAR 22 91,191,431.48 430

SPX DEC 2022 @ 3675 PUT 180,128.75 1,272

SPX DEC 2022 @ 4600 PUT 427,810.66 1,014

SPX DEC 2022 @ 4800 PUT 1,792,645.15 3,300

SPX DEC 2023 @ 4775 PUT 2,134,441.80 3,375

SPX DEC 2023 @ 5175 CALL 1,067,191.89 6,359

SPX JUN 2022 @ 3625 PUT 12,457.40 293

SPX JUN 2022 @ 4058.74 PUT 1,769,857.48 18,071

SPX JUN 2022 @ 4275 PUT 5,491.42 34

SPX JUN 2022 @ 4425 PUT 208,195.50 964

SPX JUN 2022 @ 4450 CALL 243,593.78 1,718

SPX JUN 2022 @ 4450 PUT 33,769.57 149

SPX JUN 2022 @ 5075 CALL 339.09 82

SPX JUN 2022 @ 5075 PUT 2,852.40 4

SPX JUN 2022 @ 5205.77 CALL 39,861.01 18,071

SPX JUN 2023 @ 4800 CALL 1,135,875.96 4,995

SPX JUN 2023 @ 4850 CALL 906,683.80 4,590

SPX JUN 2023 @ 4875 CALL 824,331.50 4,300

SPX MAR 2022 @ 4425 CALL 15,354.45 3,725

SPX MAR 2022 @ 4425 PUT 45,867.62 908

SPX MAR 2022 @ 4450 PUT 17,406.13 239

SPX MAR 2022 @ 4750 PUT 40,454.37 109

SPX MAR 2022 @ 4925 PUT 61,139.57 112

SPX MAR 2023 @ 4825 CALL 2,562,463.13 15,875

SPX MAR 2023 @ 4850 PUT 3,364,928.00 5,600

SPX MAR 2024 @ 5125 PUT 496,719.62 584

SPX SEP 2022 @ 4425 PUT 238,421.79 837

SPX SEP 2022 @ 4450 CALL 45,897.77 195

SPX SEP 2022 @ 4450 PUT 84,589.32 287

SPX SEP 2022 @ 4800 CALL 1,257,756.50 17,950

SPX SEP 2023 @ 4775 CALL 877,082.57 3,180

SPX SEP 2023 @ 4825 CALL 1,457,119.23 5,580

SPX SEP 2023 @ 5100 PUT 2,655,011.38 3,317

SPX SEP 2023 @ 5150 CALL 500,517.61 3,506

SPX032023@4000CALL 9,408,000.00 14,700

SPX032023@4800PUT 970,941.40 1,700

SPX032023@5175CALL 990,000.00 16,500

SPX062023@3575PUT 7,300 1,360,836.80

414,823,263.07TOTAL 172,569

AI Liquid Alternatives - Externally Managed Sale Proceeds


1:16:44PM

04/14/2022

3/1/2022 through 3/31/2022

Board Report

Sell (IRCABR0003)

WELLS FARGO PORTFOLIO RISK ADVISORS 5,882,422.35

5,882,422.35TOTAL

Minutes of State Teachers Retirement Board Meeting - STRS ...

Documents

Transcript of Minutes of State Teachers Retirement Board Meeting - STRS ...