Form NPORT-P Legg Mason Global Asset For: Mar 31

  
    NPORT-P
    false
    
      
      
        
          0001474103
          XXXXXXXX
        
      
      
      
      
        S000036895
        C000112923
        C000112928
        C000112924
        C000112929
        C000112925
      
      
    
  
  
    
      Legg Mason Global Asset Management Trust
      811-22338
      0001474103
      549300BI5I8NVF50DG69
      620 Eighth Avenue
      47thFloor
      New York
      
      10018
      1-877-721-1926
      Franklin U.S. Small Cap Equity Fund
      S000036895
      549300T66MRU4LGXY771
      2022-12-31
      2022-03-31
      N
    
    
      177524514.42
      258110.72
      177266403.70
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      574327.11000000
      N
      
        
          
          
          
          
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        Spectrum Pharmaceuticals Inc
        549300COU30WSP3O5I07
        
        84763A108
        
          
          
        
        120000.00000000
        NS
        USD
        154800.00000000
        0.087326191973
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Intercept Pharmaceuticals Inc
        254900JMB8TX5P688V24
        
        45845P108
        
          
          
        
        11000.00000000
        NS
        USD
        178970.00000000
        0.100961037322
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SkyWest Inc
        529900UYS2KGS6Z42P09
        
        830879102
        
          
          
        
        3200.00000000
        NS
        USD
        92320.00000000
        0.052079806479
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cargurus Inc
        54930027BKQN6B7X7G78
        
        141788109
        
          
          
        
        18000.00000000
        NS
        USD
        764280.00000000
        0.431147687349
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Triton International Ltd
        N/A
        
        000000000
        
          
          
          
        
        14000.00000000
        NS
        USD
        982520.00000000
        0.554261822597
        Long
        EC
        CORP
        BM
        N
        
        1
        
          N
          N
          N
        
      
      
        Kulicke & Soffa Industries Inc
        529900H6BEIRBF429744
        
        501242101
        
          
          
        
        12000.00000000
        NS
        USD
        672240.00000000
        0.379225835222
        Long
        EC
        CORP
        SG
        N
        
        1
        
          N
          N
          N
        
      
      
        National Fuel Gas Co
        8JB38FFW1Y3C1HM8E841
        
        636180101
        
          
          
        
        7300.00000000
        NS
        USD
        501510.00000000
        0.282913168842
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        John B Sanfilippo & Son Inc
        5299007IBEYVXKYDUX28
        
        800422107
        
          
          
        
        6000.00000000
        NS
        USD
        500640.00000000
        0.282422382104
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Apple Hospitality REIT Inc
        549300EVZAR0FBZO4F16
        
        03784Y200
        
          
          
        
        50000.00000000
        NS
        USD
        898500.00000000
        0.506864234421
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GlycoMimetics Inc
        549300TZ84FFU2J2J459
        
        38000Q102
        
          
          
        
        158100.00000000
        NS
        USD
        180234.00000000
        0.101674088399
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NetScout Systems Inc
        5493005HZXZ3SPNVCV76
        
        64115T104
        
          
          
        
        14500.00000000
        NS
        USD
        465160.00000000
        0.262407309163
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PDL BioPharma Inc
        FE4K0NQFI4D86DSOL165
        
        69329Y104
        
          
          
        
        152500.00000000
        NS
        USD
        376675.00000000
        0.212490913189
        Long
        EC
        CORP
        US
        N
        
        3
        
          N
          N
          N
        
      
      
        CASI Pharmaceuticals Inc
        549300RYDG4U21PJZ263
        
        14757U109
        
          
          
        
        355100.00000000
        NS
        USD
        287524.47000000
        0.162199076643
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Consolidated Water Co Ltd
        5299001BMEW8X9VIJA73
        
        000000000
        
          
          
          
        
        35000.00000000
        NS
        USD
        387100.00000000
        0.218371892203
        Long
        EC
        CORP
        KY
        N
        
        1
        
          N
          N
          N
        
      
      
        First Financial Corp/IN
        N/A
        
        320218100
        
          
          
        
        9900.00000000
        NS
        USD
        428472.00000000
        0.241710776016
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ALLETE Inc
        549300NNLSIMY6Z8OT86
        
        018522300
        
          
          
        
        11000.00000000
        NS
        USD
        736780.00000000
        0.415634313452
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tivity Health Inc
        U5UKZMHGMOP0CPFG4B24
        
        88870R102
        
          
          
        
        31000.00000000
        NS
        USD
        997270.00000000
        0.562582632232
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fulgent Genetics Inc
        549300CL6P01M68QJ404
        
        359664109
        
          
          
        
        6400.00000000
        NS
        USD
        399424.00000000
        0.225324140199
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ardelyx Inc
        549300F542QR4SXHCY32
        
        039697107
        
          
          
        
        300000.00000000
        NS
        USD
        321000.00000000
        0.181083382581
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tracon Pharmaceuticals Inc
        N/A
        
        89237H209
        
          
          
        
        42900.00000000
        NS
        USD
        112827.00000000
        0.063648270425
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vector Group Ltd
        549300TUIF4WWN6NDN50
        
        92240M108
        
          
          
        
        66000.00000000
        NS
        USD
        794640.00000000
        0.448274452131
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Meritage Homes Corp
        52990044W9UMFJO2FB97
        
        59001A102
        
          
          
        
        9000.00000000
        NS
        USD
        713070.00000000
        0.402258964539
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Braemar Hotels & Resorts Inc
        549300JDUUEBN868C776
        
        10482B101
        
          
          
        
        50000.00000000
        NS
        USD
        309000.00000000
        0.174313910335
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cracker Barrel Old Country Sto
        8P4PHQIUWPIECBFBW745
        
        22410J106
        
          
          
        
        1200.00000000
        NS
        USD
        142476.00000000
        0.080373943977
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Movado Group Inc
        549300WCGCGPWGHVXM59
        
        624580106
        
          
          
        
        14000.00000000
        NS
        USD
        546700.00000000
        0.308405873075
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Gritstone bio Inc
        5493003TER6KY3MUVY84
        
        39868T105
        
          
          
        
        40000.00000000
        NS
        USD
        164800.00000000
        0.092967418845
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alliance Data Systems Corp
        549300G8S4PO686J7H97
        
        018581108
        
          
          
        
        5500.00000000
        NS
        USD
        308825.00000000
        0.174215188864
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Meritor Inc
        5LTG829X630QFHTFBO82
        
        59001K100
        
          
          
        
        25000.00000000
        NS
        USD
        889250.00000000
        0.501646099564
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First BanCorp/Puerto Rico
        N/A
        
        318672706
        
          
          
        
        99920.00000000
        NS
        USD
        1310950.40000000
        0.739536862393
        Long
        EC
        CORP
        PR
        N
        
        1
        
          N
          N
          N
        
      
      
        Workiva Inc
        529900RTOQ8GRWHY1O58
        
        98139A105
        
          
          
        
        12300.00000000
        NS
        USD
        1451400.00000000
        0.818767668156
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CoreCivic Inc
        529900JFA3K6PTLT8B15
        
        21871N101
        
          
          
        
        51600.00000000
        NS
        USD
        576372.00000000
        0.325144521448
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NETGEAR Inc
        54930067KX3UNRHDWA78
        
        64111Q104
        
          
          
        
        13038.00000000
        NS
        USD
        321777.84000000
        0.181522179772
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alarm.com Holdings Inc
        549300HIH92U1EKIHZ32
        
        011642105
        
          
          
        
        7500.00000000
        NS
        USD
        498450.00000000
        0.281186953419
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Xenia Hotels & Resorts Inc
        54930075IWIPHF5IQL62
        
        984017103
        
          
          
        
        13000.00000000
        NS
        USD
        250770.00000000
        0.141465046261
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ArcBest Corp
        5493006S3KBNE8ZS3J23
        
        03937C105
        
          
          
        
        8000.00000000
        NS
        USD
        644000.00000000
        0.363295010536
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Arbutus Biopharma Corp
        25490064CESONAUIAS23
        
        03879J100
        
          
          
        
        45000.00000000
        NS
        USD
        134100.00000000
        0.075648852349
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Central Pacific Financial Corp
        549300W3YEAOZ4KGG849
        
        154760409
        
          
          
        
        17200.00000000
        NS
        USD
        479880.00000000
        0.270711195118
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Amphastar Pharmaceuticals Inc
        54930055TH0ZLSAQMJ38
        
        03209R103
        
          
          
        
        13000.00000000
        NS
        USD
        466700.00000000
        0.263276058101
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sabra Health Care REIT Inc
        549300E3BC7GU7TAZ621
        
        78573L106
        
          
          
        
        25000.00000000
        NS
        USD
        372250.00000000
        0.209994670298
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Deciphera Pharmaceuticals Inc
        529900QR4WAPYY0CBF25
        
        24344T101
        
          
          
        
        13000.00000000
        NS
        USD
        120510.00000000
        0.067982425030
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Precision BioSciences Inc
        549300I5QGRS3BLHZH41
        
        74019P108
        
          
          
        
        25000.00000000
        NS
        USD
        77000.00000000
        0.043437446912
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Prothena Corp PLC
        5299009ZXQ8NIIJ8OL30
        
        000000000
        
          
          
          
        
        9000.00000000
        NS
        USD
        329130.00000000
        0.185669700027
        Long
        EC
        CORP
        IE
        N
        
        1
        
          N
          N
          N
        
      
      
        Macy's Inc
        529900NZQ81TIOW3CW52
        
        55616P104
        
          
          
        
        20000.00000000
        NS
        USD
        487200.00000000
        0.274840573188
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Jounce Therapeutics Inc
        5493004MZJQIV2K8ZT61
        
        481116101
        
          
          
        
        35000.00000000
        NS
        USD
        237650.00000000
        0.134063756605
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SunCoke Energy Inc
        1KF1J2NXQE2PI0QOB943
        
        86722A103
        
          
          
        
        136000.00000000
        NS
        USD
        1211760.00000000
        0.683581307403
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TTM Technologies Inc
        549300SC4BDOIS008048
        
        87305R109
        
          
          
        
        32000.00000000
        NS
        USD
        474240.00000000
        0.267529543162
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ethan Allen Interiors Inc
        N/A
        
        297602104
        
          
          
        
        19000.00000000
        NS
        USD
        495330.00000000
        0.279426890635
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pieris Pharmaceuticals Inc
        254900AJDH8PAOOI5T33
        
        720795103
        
          
          
        
        43500.00000000
        NS
        USD
        131805.00000000
        0.074354190782
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Clearside Biomedical Inc
        529900GQSUZO5HQ9DS29
        
        185063104
        
          
          
        
        110000.00000000
        NS
        USD
        251900.00000000
        0.142102504897
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HomeStreet Inc
        N/A
        
        43785V102
        
          
          
        
        11000.00000000
        NS
        USD
        521180.00000000
        0.294009462098
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        WaVe Life Sciences Ltd
        54930070006GPKFYZ813
        
        000000000
        
          
          
          
        
        65100.00000000
        NS
        USD
        130200.00000000
        0.073448773869
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Neogen Corp
        549300HJT9FC36N4UW43
        
        640491106
        
          
          
        
        6000.00000000
        NS
        USD
        185040.00000000
        0.104385262033
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hanger Inc
        254900ZJJJYVLHJXSZ60
        
        41043F208
        
          
          
        
        24000.00000000
        NS
        USD
        439920.00000000
        0.248168852539
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Atea Pharmaceuticals Inc
        N/A
        
        04683R106
        
          
          
        
        22800.00000000
        NS
        USD
        164616.00000000
        0.092863620270
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Newmark Group Inc
        N/A
        
        65158N102
        
          
          
        
        41500.00000000
        NS
        USD
        660680.00000000
        0.372704576958
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vivint Smart Home Inc
        N/A
        
        928542109
        
          
          
        
        70000.00000000
        NS
        USD
        473200.00000000
        0.266942855568
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Marcus Corp/The
        549300NL0OKPNEMP6B79
        
        566330106
        
          
          
        
        12600.00000000
        NS
        USD
        223020.00000000
        0.125810641692
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BOX INC
        549300KQUCPD8687YS68
        
        10316T104
        
          
          
        
        55543.00000000
        NS
        USD
        1614079.58000000
        0.910538909973
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kforce Inc
        5493003RDQQDVXY2SK46
        
        493732101
        
          
          
        
        18000.00000000
        NS
        USD
        1331460.00000000
        0.751106793057
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Safety Insurance Group Inc
        254900LDCFLA3J746840
        
        78648T100
        
          
          
        
        7800.00000000
        NS
        USD
        708630.00000000
        0.399754259808
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ExlService Holdings Inc
        81E3DTNF6OSH489ZOV15
        
        302081104
        
          
          
        
        7500.00000000
        NS
        USD
        1074525.00000000
        0.606163930430
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Exponent Inc
        529900NY3F5Q2NWPUZ42
        
        30214U102
        
          
          
        
        5500.00000000
        NS
        USD
        594275.00000000
        0.335244009917
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Shockwave Medical Inc
        549300LDXO56IC5Y1538
        
        82489T104
        
          
          
        
        4800.00000000
        NS
        USD
        995328.00000000
        0.561487105974
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vaxcyte Inc
        254900M7NMHTGASX8D95
        
        92243G108
        
          
          
        
        7100.00000000
        NS
        USD
        171465.00000000
        0.096727296555
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Herc Holdings Inc
        549300TP80QLITMSBP82
        
        42704L104
        
          
          
        
        8000.00000000
        NS
        USD
        1336720.00000000
        0.754074078392
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Assembly Biosciences Inc
        5299007Y1X8RBDFT8C40
        
        045396108
        
          
          
        
        55000.00000000
        NS
        USD
        113300.00000000
        0.063915100456
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ADTRAN INC
        549300XWTHXJVGKWU616
        
        00738A106
        
          
          
        
        29000.00000000
        NS
        USD
        535050.00000000
        0.301833843769
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Atossa Therapeutics Inc
        549300QRKP1JTNHD2366
        
        04962H506
        
          
          
        
        70000.00000000
        NS
        USD
        87500.00000000
        0.049360735127
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ACHILLION PHARM CVR
        N/A
        
        000000000
        
          
        
        89796.00000000
        NS
        USD
        0.00000000
        0.000000
        Long
        EC
        CORP
        US
        N
        
        3
        
          N
          N
          N
        
      
      
        TrueCar Inc
        549300KK16488YXWVE52
        
        89785L107
        
          
          
        
        110000.00000000
        NS
        USD
        434500.00000000
        0.245111307574
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Beyondspring Inc
        N/A
        
        000000000
        
          
          
          
        
        18100.00000000
        NS
        USD
        39820.00000000
        0.022463365403
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Flagstar Bancorp Inc
        549300Q22V2Y3J4R2715
        
        337930705
        
          
          
        
        15000.00000000
        NS
        USD
        636000.00000000
        0.358782029039
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FTI Consulting Inc
        549300K17GM8EQD0FQ48
        
        302941109
        
          
          
        
        4900.00000000
        NS
        USD
        770378.00000000
        0.434587707495
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cirrus Logic Inc
        549300NKSJEM5ZZSSV18
        
        172755100
        
          
          
        
        8000.00000000
        NS
        USD
        678320.00000000
        0.382655701160
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lattice Semiconductor Corp
        549300LRBBPZDQ2II567
        
        518415104
        
          
          
        
        4200.00000000
        NS
        USD
        255990.00000000
        0.144409766688
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Outfront Media Inc
        549300RZWDYU5722I639
        
        69007J106
        
          
          
        
        27000.00000000
        NS
        USD
        767610.00000000
        0.433026215897
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Laredo Petroleum Inc
        549300X0PTWU2QSLSL14
        
        516806205
        
          
          
        
        12500.00000000
        NS
        USD
        989250.00000000
        0.558058368281
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invesco Treasury Portfolio
        5493004B3TM8ZIDDDC39
        
        825252406
        
          
          
        
        1239404.20000000
        NS
        USD
        1239404.20000000
        0.699176027792
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Artisan Partners Asset Managem
        549300T1FUI6JF63XU51
        
        04316A108
        
          
          
        
        8500.00000000
        NS
        USD
        334475.00000000
        0.188684935790
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cushman & Wakefield PLC
        N/A
        
        000000000
        
          
          
          
        
        34000.00000000
        NS
        USD
        697340.00000000
        0.393385314670
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hancock Whitney Corp
        549300GRNBWY8HIICT41
        
        410120109
        
          
          
        
        11253.00000000
        NS
        USD
        586843.95000000
        0.331051986022
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Barrett Business Services Inc
        529900HXB6TMG0SR9Y34
        
        068463108
        
          
          
        
        2400.00000000
        NS
        USD
        185928.00000000
        0.104886202979
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Caribou Biosciences Inc
        N/A
        
        142038108
        
          
          
        
        21000.00000000
        NS
        USD
        192780.00000000
        0.108751571632
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CytomX Therapeutics Inc
        5493004VW2FW0QLL3345
        
        23284F105
        
          
          
        
        50000.00000000
        NS
        USD
        133500.00000000
        0.075310378737
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Theravance Biopharma Inc
        5493007VTSXP4Z6MIW52
        
        000000000
        
          
          
          
        
        15000.00000000
        NS
        USD
        143400.00000000
        0.080895193340
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        VYNE Therapeutics Inc
        N/A
        
        92941V209
        
          
          
        
        140000.00000000
        NS
        USD
        91014.00000000
        0.051343062249
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BLOOMIN' BRANDS INC
        E1UJ2GO305B5FXGV7N04
        
        094235108
        
          
          
        
        39000.00000000
        NS
        USD
        855660.00000000
        0.482697218502
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        United States Cellular Corp
        549300B164AZXESI6E03
        
        911684108
        
          
          
        
        8000.00000000
        NS
        USD
        241840.00000000
        0.136427430664
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SPS Commerce Inc
        2549006XVF9GCCETDQ72
        
        78463M107
        
          
          
        
        6200.00000000
        NS
        USD
        813440.00000000
        0.458879958650
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Peoples Bancorp Inc/OH
        N/A
        
        709789101
        
          
          
        
        15500.00000000
        NS
        USD
        485305.00000000
        0.273771560696
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        T2 Biosystems Inc
        54930027RQTU9CHLKL88
        
        89853L104
        
          
          
        
        375000.00000000
        NS
        USD
        196537.50000000
        0.110871262629
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Innoviva Inc
        549300ACOX4QTBES6535
        
        45781M101
        
          
          
        
        24500.00000000
        NS
        USD
        474075.00000000
        0.267436462919
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Berkshire Hills Bancorp Inc
        549300AS2OC6UMMBNO37
        
        084680107
        
          
          
        
        28001.00000000
        NS
        USD
        811188.97000000
        0.457610101558
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Angi Inc
        5493003ENY577E6SZL06
        
        00183L102
        
          
          
        
        29300.00000000
        NS
        USD
        166131.00000000
        0.093718266142
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Resolute Forest Products Inc
        N/A
        
        76117W109
        
          
          
        
        63900.00000000
        NS
        USD
        824949.00000000
        0.465372446657
        Long
        EC
        CORP
        CA
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Everspin Technologies Inc
        549300MNDRV7X6PEDF15
        
        30041T104
        
          
          
        
        35000.00000000
        NS
        USD
        304850.00000000
        0.171972801183
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Haynes International Inc
        549300I9MS5UZLRFDO40
        
        420877201
        
          
          
        
        14200.00000000
        NS
        USD
        604920.00000000
        0.341249095922
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Titan Machinery Inc
        549300835ZM8G0BT5C94
        
        88830R101
        
          
          
        
        15000.00000000
        NS
        USD
        423900.00000000
        0.239131607090
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alcoa Corp
        549300T12EZ1F6PWWU29
        
        013872106
        
          
          
        
        14000.00000000
        NS
        USD
        1260420.00000000
        0.711031517361
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RE/MAX Holdings Inc
        54930033W2KS56JHAN30
        
        75524W108
        
          
          
        
        5050.00000000
        NS
        USD
        140036.50000000
        0.078997766681
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Shenandoah Telecommunications
        549300XH3H4OUKFPHS84
        
        82312B106
        
          
          
        
        12000.00000000
        NS
        USD
        282960.00000000
        0.159624155561
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Genesco Inc
        549300VY2Q511P1K5P56
        
        371532102
        
          
          
        
        6200.00000000
        NS
        USD
        394382.00000000
        0.222479833611
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Gannett Co Inc
        549300JQ2PU0RI3ZBA32
        
        36472T109
        
          
          
        
        80000.00000000
        NS
        USD
        360800.00000000
        0.203535465530
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HubSpot Inc
        529900BLNVEW0MVKJB37
        
        443573100
        
          
          
        
        1000.00000000
        NS
        USD
        474940.00000000
        0.267924429043
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Assertio Holdings Inc
        N/A
        
        04546C205
        
          
          
        
        75000.00000000
        NS
        USD
        215250.00000000
        0.121427408413
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Seelos Therapeutics Inc
        5493009HV8O6R1WGZ132
        
        81577F109
        
          
          
        
        110000.00000000
        NS
        USD
        92158.00000000
        0.051988418604
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tempest Therapeutics Inc
        529900QLMOA3D8VSCN33
        
        87978U108
        
          
          
        
        15000.00000000
        NS
        USD
        51000.00000000
        0.028770257045
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Diamondback Energy Inc
        549300R22LSX6OHWEN64
        
        25278X109
        
          
          
        
        7500.00000000
        NS
        USD
        1028100.00000000
        0.579974534678
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        InfuSystem Holdings Inc
        549300F58N8PHJ4QUI59
        
        45685K102
        
          
          
        
        18000.00000000
        NS
        USD
        176400.00000000
        0.099511242016
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Synlogic Inc
        5493007C6UCNXL4HOI66
        
        87166L100
        
          
          
        
        100000.00000000
        NS
        USD
        240000.00000000
        0.135389444920
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Forestar Group Inc
        549300BC2UB0GHV60V70
        
        346232101
        
          
          
        
        33000.00000000
        NS
        USD
        586080.00000000
        0.330621024495
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        eXp World Holdings Inc
        549300TWVVZC283VEC32
        
        30212W100
        
          
          
        
        20000.00000000
        NS
        USD
        423400.00000000
        0.238849545747
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sprout Social Inc
        N/A
        
        85209W109
        
          
          
        
        7000.00000000
        NS
        USD
        560840.00000000
        0.316382567871
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Puma Biotechnology Inc
        N/A
        
        74587V107
        
          
          
        
        35000.00000000
        NS
        USD
        100800.00000000
        0.056863566866
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AdvanSix Inc
        5493009TPRODMCAZLF67
        
        00773T101
        
          
          
        
        18000.00000000
        NS
        USD
        919620.00000000
        0.518778505574
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Apyx Medical Corp
        5299009QZVYUYO082S45
        
        03837C106
        
          
          
        
        53600.00000000
        NS
        USD
        350008.00000000
        0.197447453490
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Varex Imaging Corp
        549300CWYWPVCT8E9W67
        
        92214X106
        
          
          
        
        18000.00000000
        NS
        USD
        383220.00000000
        0.216183096176
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Equity Bancshares Inc
        549300BPQ2EJNU4WF694
        
        29460X109
        
          
          
        
        14300.00000000
        NS
        USD
        462033.00000000
        0.260643297520
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Masimo Corp
        549300Q4A8JK0PIYCU29
        
        574795100
        
          
          
        
        2850.00000000
        NS
        USD
        414789.00000000
        0.233991885288
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Penn National Gaming Inc
        N/A
        
        707569109
        
          
          
        
        6000.00000000
        NS
        USD
        254520.00000000
        0.143580506338
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Abeona Therapeutics Inc
        54930002Z8PIJRCB4576
        
        00289Y107
        
          
          
        
        320000.00000000
        NS
        USD
        100800.00000000
        0.056863566866
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Veritiv Corp
        529900VQARHWQROHAS58
        
        923454102
        
          
          
        
        9500.00000000
        NS
        USD
        1269105.00000000
        0.715930922899
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Heartland Financial USA Inc
        549300QF7B0DFZT32C73
        
        42234Q102
        
          
          
        
        5500.00000000
        NS
        USD
        263065.00000000
        0.148400934700
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Rigel Pharmaceuticals Inc
        529900KPTNUS5J8K9K66
        
        766559603
        
          
          
        
        80000.00000000
        NS
        USD
        239200.00000000
        0.134938146770
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Boise Cascade Co
        549300Z8B8LSRHC7XA55
        
        09739D100
        
          
          
        
        8000.00000000
        NS
        USD
        555760.00000000
        0.313516824620
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MDC Holdings Inc
        5299005FV4VNV75R8R35
        
        552676108
        
          
          
        
        7000.00000000
        NS
        USD
        264880.00000000
        0.149424817377
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Goodyear Tire & Rubber Co/The
        5493002BI0S2ZQUY3437
        
        382550101
        
          
          
        
        11337.00000000
        NS
        USD
        162005.73000000
        0.091391107744
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Realogy Holdings Corp
        5493004HBTOTE9DI9P12
        
        75605Y106
        
          
          
        
        52000.00000000
        NS
        USD
        815360.00000000
        0.459963074209
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Titan International Inc
        254900CXRGBE7C4B5A06
        
        88830M102
        
          
          
        
        88400.00000000
        NS
        USD
        1302132.00000000
        0.734562202888
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GLOBUS MEDICAL INC
        5299003M2P4CIK0RF205
        
        379577208
        
          
          
        
        8200.00000000
        NS
        USD
        604996.00000000
        0.341291969246
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Werner Enterprises Inc
        549300P6XRGOCHHJST37
        
        950755108
        
          
          
        
        24000.00000000
        NS
        USD
        984000.00000000
        0.555096724174
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cyclerion Therapeutics Inc
        N/A
        
        23255M105
        
          
          
        
        113435.00000000
        NS
        USD
        125912.85000000
        0.071030295291
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AnaptysBio Inc
        529900HH4WQT03IG1A12
        
        032724106
        
          
          
        
        14400.00000000
        NS
        USD
        356256.00000000
        0.200972092040
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dick's Sporting Goods Inc
        529900SSBV5I4LWSK313
        
        253393102
        
          
          
        
        6000.00000000
        NS
        USD
        600120.00000000
        0.338541307023
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Extreme Networks Inc
        549300WRECW11X94UB57
        
        30226D106
        
          
          
        
        45000.00000000
        NS
        USD
        549450.00000000
        0.309957210464
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Financial Institutions Inc
        N/A
        
        317585404
        
          
          
        
        15000.00000000
        NS
        USD
        451950.00000000
        0.254955248465
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Medifast Inc
        5299000YHQJ21T5KKI80
        
        58470H101
        
          
          
        
        4300.00000000
        NS
        USD
        734354.00000000
        0.414265751813
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MGIC Investment Corp
        254900S8483WM4M98R28
        
        552848103
        
          
          
        
        67000.00000000
        NS
        USD
        907850.00000000
        0.512138781546
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        REX American Resources Corp
        N/A
        
        761624105
        
          
          
        
        3000.00000000
        NS
        USD
        298800.00000000
        0.168559858926
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LiveRamp Holdings Inc
        254900GXS75LG1X7RF88
        
        53815P108
        
          
          
        
        12000.00000000
        NS
        USD
        448680.00000000
        0.253110567278
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Academy Sports & Outdoors Inc
        N/A
        
        00402L107
        
          
          
        
        19000.00000000
        NS
        USD
        748600.00000000
        0.422302243614
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hanmi Financial Corp
        549300MSZ7RCG7EA6587
        
        410495204
        
          
          
        
        59500.00000000
        NS
        USD
        1464295.00000000
        0.826042030207
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Applied Optoelectronics Inc
        529900I8U6Q5SYDNLT48
        
        03823U102
        
          
          
        
        52000.00000000
        NS
        USD
        189800.00000000
        0.107070486024
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Iterum Therapeutics plc
        N/A
        
        000000000
        
          
          
          
        
        377900.00000000
        NS
        USD
        134154.50000000
        0.075679597035
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Umpqua Holdings Corp
        5299002ENJ7CY215BW86
        
        904214103
        
          
          
        
        24000.00000000
        NS
        USD
        452640.00000000
        0.255344493120
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RAPT Therapeutics Inc
        549300MB473BIU78ES48
        
        75382E109
        
          
          
        
        12500.00000000
        NS
        USD
        274875.00000000
        0.155063223635
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zuora Inc
        549300ISVGC1YZWQJ420
        
        98983V106
        
          
          
        
        36000.00000000
        NS
        USD
        539280.00000000
        0.304220082736
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EverQuote Inc
        N/A
        
        30041R108
        
          
          
        
        4600.00000000
        NS
        USD
        74428.00000000
        0.041986523360
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NOW Inc
        549300AVH5SOCFVVDW91
        
        67011P100
        
          
          
        
        100000.00000000
        NS
        USD
        1103000.00000000
        0.622227323947
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Vanguard Corp
        529900GWI78WZA5M9783
        
        030371108
        
          
          
        
        19200.00000000
        NS
        USD
        390144.00000000
        0.220089081662
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Calithera Biosciences Inc
        54930042TDFRLM4C8X19
        
        13089P101
        
          
          
        
        130000.00000000
        NS
        USD
        52520.00000000
        0.029627723530
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PEBBLEBROOK HOTEL TRUST
        5493004Q1NNH6JXCSI52
        
        70509V100
        
          
          
        
        26000.00000000
        NS
        USD
        636480.00000000
        0.359052807929
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Verastem Inc
        549300IY0EFBIU8NQC81
        
        92337C104
        
          
          
        
        156500.00000000
        NS
        USD
        220665.00000000
        0.124482132764
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SandRidge Energy Inc
        W1MKPVGS6I5155L7VV67
        
        80007P869
        
          
          
        
        80000.00000000
        NS
        USD
        1281600.00000000
        0.722979635875
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Nature's Sunshine Products Inc
        N/A
        
        639027101
        
          
          
        
        17200.00000000
        NS
        USD
        289304.00000000
        0.163202949888
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kirkland's Inc
        N/A
        
        497498105
        
          
          
        
        12500.00000000
        NS
        USD
        116125.00000000
        0.065508747047
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AMN Healthcare Services Inc
        529900W3ARRTCNFH2I39
        
        001744101
        
          
          
        
        7000.00000000
        NS
        USD
        730310.00000000
        0.411984439666
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sio Gene Therapies Inc
        529900F0GBLJ6D003G43
        
        829399104
        
          
          
        
        80000.00000000
        NS
        USD
        53600.00000000
        0.030236976032
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Savara Inc
        5493002JO0WM3YMJXG33
        
        805111101
        
          
          
        
        239500.00000000
        NS
        USD
        313745.00000000
        0.176990672485
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Selecta Biosciences Inc
        529900NMN0LACZOL7C43
        
        816212104
        
          
          
        
        88900.00000000
        NS
        USD
        109347.00000000
        0.061685123473
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VANDA PHARMACEUTICALS INC
        529900AY8VOOQBKJ0O70
        
        921659108
        
          
          
        
        28000.00000000
        NS
        USD
        316680.00000000
        0.178646372572
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Electromed Inc
        N/A
        
        285409108
        
          
          
        
        30600.00000000
        NS
        USD
        380664.00000000
        0.214741198588
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ensign Group Inc/The
        5493003K4HEEA8Q0BC72
        
        29358P101
        
          
          
        
        18000.00000000
        NS
        USD
        1620180.00000000
        0.913980295297
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MRC Global Inc
        529900TSBPOLCLI2L582
        
        55345K103
        
          
          
        
        70000.00000000
        NS
        USD
        833700.00000000
        0.470309084292
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Caesarstone Ltd
        254900MJ7IXAH75VFC61
        
        000000000
        
          
          
          
        
        19200.00000000
        NS
        USD
        201984.00000000
        0.113943756845
        Long
        EC
        CORP
        IL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Alpha Pro Tech Ltd
        529900Z93O5JUM52Q856
        
        020772109
        
          
          
        
        26500.00000000
        NS
        USD
        111300.00000000
        0.062786855081
        Long
        EC
        CORP
        CA
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Hibbett Inc
        529900RD6P643J1CZM55
        
        428567101
        
          
          
        
        10000.00000000
        NS
        USD
        443400.00000000
        0.250131999490
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First Commonwealth Financial C
        549300ZHLQ42NXDETL24
        
        319829107
        
          
          
        
        32646.00000000
        NS
        USD
        494913.36000000
        0.279191854558
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Aeglea BioTherapeutics Inc
        N/A
        
        00773J103
        
          
          
        
        45000.00000000
        NS
        USD
        103500.00000000
        0.058386698121
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EMCORE Corp
        529900B9OHDEWU534K08
        
        290846203
        
          
          
        
        67700.00000000
        NS
        USD
        250490.00000000
        0.141307091908
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GoPro Inc
        549300CQJMLT21SZFL16
        
        38268T103
        
          
          
        
        42000.00000000
        NS
        USD
        358260.00000000
        0.202102593905
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iTeos Therapeutics Inc
        N/A
        
        46565G104
        
          
          
        
        6500.00000000
        NS
        USD
        209170.00000000
        0.117997542475
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iRadimed Corp
        549300YVHWP0YJ1YW816
        
        46266A109
        
          
          
        
        6300.00000000
        NS
        USD
        282492.00000000
        0.159360146143
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        United Natural Foods Inc
        549300GKGW6WPZ282D40
        
        911163103
        
          
          
        
        28000.00000000
        NS
        USD
        1157800.00000000
        0.653141247204
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Smith & Wesson Brands Inc
        5493004PFHUPOR1PWN79
        
        831754106
        
          
          
        
        33000.00000000
        NS
        USD
        499290.00000000
        0.281660816476
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Xencor Inc
        549300V5IF65437JKG30
        
        98401F105
        
          
          
        
        6600.00000000
        NS
        USD
        176088.00000000
        0.099335235738
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Portland General Electric Co
        GJOUP9M7C39GLSK9R870
        
        736508847
        
          
          
        
        25500.00000000
        NS
        USD
        1406325.00000000
        0.793339838032
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Stratasys Ltd
        529900MU215GIP9SZ741
        
        000000000
        
          
          
          
        
        18000.00000000
        NS
        USD
        457020.00000000
        0.257815350489
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Quidel Corp
        549300X2FQ6S98OQLQ46
        
        74838J101
        
          
          
        
        4500.00000000
        NS
        USD
        506070.00000000
        0.285485568295
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Natus Medical Inc
        549300ZW3JLSJGT2D838
        
        639050103
        
          
          
        
        16774.00000000
        NS
        USD
        440820.72000000
        0.248676969126
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Eagle Pharmaceuticals Inc/DE
        549300TN20OLYTJVP152
        
        269796108
        
          
          
        
        8195.00000000
        NS
        USD
        405570.55000000
        0.228791548502
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Turning Point Brands Inc
        549300IYG00QF0VVP302
        
        90041L105
        
          
          
        
        11000.00000000
        NS
        USD
        374110.00000000
        0.211043938496
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Insperity Inc
        5299000Q0KW7HY5DB751
        
        45778Q107
        
          
          
        
        10800.00000000
        NS
        USD
        1084536.00000000
        0.611811362651
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Owens & Minor Inc
        549300LMT5KQQXCEZ733
        
        690732102
        
          
          
        
        12000.00000000
        NS
        USD
        528240.00000000
        0.297992168270
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CommVault Systems Inc
        65T5VRP62VXG39YFML83
        
        204166102
        
          
          
        
        12633.00000000
        NS
        USD
        838199.55000000
        0.472847382529
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zynex Inc
        N/A
        
        98986M103
        
          
          
        
        26400.00000000
        NS
        USD
        164472.00000000
        0.092782386604
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Astronics Corp
        549300NNXCF8H4MSMK17
        
        046433108
        
          
          
        
        20000.00000000
        NS
        USD
        258600.00000000
        0.145882126901
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        REGENXBIO Inc
        549300EOES47LATSET33
        
        75901B107
        
          
          
        
        8200.00000000
        NS
        USD
        272158.00000000
        0.153530502294
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Golar LNG Ltd
        213800C2VSFZG3EZLO34
        
        000000000
        
          
          
          
        
        29000.00000000
        NS
        USD
        718620.00000000
        0.405389845453
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Grid Dynamics Holdings Inc
        N/A
        
        39813G109
        
          
          
        
        29500.00000000
        NS
        USD
        415360.00000000
        0.234313999342
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Aptevo Therapeutics Inc
        529900UTQOXOZBMZFN24
        
        03835L207
        
          
          
        
        15400.00000000
        NS
        USD
        90398.00000000
        0.050995562674
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DiamondRock Hospitality Co
        529900KKD4BPVBUAQ734
        
        252784301
        
          
          
        
        98311.00000000
        NS
        USD
        992941.10000000
        0.560140601532
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Avnet Inc
        XJI53DCPL7QABOWK4Z75
        
        053807103
        
          
          
        
        6000.00000000
        NS
        USD
        243540.00000000
        0.137386439233
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Telephone and Data Systems Inc
        N/A
        
        879433829
        
          
          
        
        11800.00000000
        NS
        USD
        222784.00000000
        0.125677508738
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Radian Group Inc
        54930005OUP720S5U385
        
        750236101
        
          
          
        
        52518.00000000
        NS
        USD
        1166424.78000000
        0.658006681273
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vishay Intertechnology Inc
        5493009O8F3QQJTCQR75
        
        928298108
        
          
          
        
        12000.00000000
        NS
        USD
        235200.00000000
        0.132681656022
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Murphy Oil Corp
        QBKYQD0ODE7DC7PDIN91
        
        626717102
        
          
          
        
        30000.00000000
        NS
        USD
        1211700.00000000
        0.683547460042
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PNM Resources Inc
        5493003JOBJGLZSDDQ28
        
        69349H107
        
          
          
        
        16000.00000000
        NS
        USD
        762720.00000000
        0.430267655957
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Coca-Cola Consolidated Inc
        57VG5X0E00X0QJU7CQ58
        
        191098102
        
          
          
        
        1800.00000000
        NS
        USD
        894330.00000000
        0.504511842815
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Affiliated Managers Group Inc
        2JE75BUE3T1BLCYYGK54
        
        008252108
        
          
          
        
        3000.00000000
        NS
        USD
        422850.00000000
        0.238539278269
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Covenant Logistics Group Inc
        N/A
        
        22284P105
        
          
          
        
        23000.00000000
        NS
        USD
        495190.00000000
        0.279347913459
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Qualys Inc
        549300EMBXYOW9W1XA17
        
        74758T303
        
          
          
        
        7600.00000000
        NS
        USD
        1082316.00000000
        0.610559010285
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BRIGGS & STRATTON CORP
        N/A
        
        000000000
        
          
          
        
        158200.00000000
        NS
        USD
        0.00000000
        0.000000
        Long
        EC
        CORP
        US
        N
        
        3
        
          N
          N
          N
        
      
      
        Moelis & Co
        549300891QNU7VTQUR83
        
        60786M105
        
          
          
        
        13000.00000000
        NS
        USD
        610350.00000000
        0.344312282113
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dave & Buster's Entertainment
        529900WTVU85QZLYHR86
        
        238337109
        
          
          
        
        15000.00000000
        NS
        USD
        736500.00000000
        0.415476359099
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Greenbrier Cos Inc/The
        5493001GAGGFR30BP390
        
        393657101
        
          
          
        
        16700.00000000
        NS
        USD
        860217.00000000
        0.485267925588
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Red Robin Gourmet Burgers Inc
        529900V6NUMBYX34LV46
        
        75689M101
        
          
          
        
        5600.00000000
        NS
        USD
        94416.00000000
        0.053262207631
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Manhattan Associates Inc
        529900Q1GJP7KD52SW51
        
        562750109
        
          
          
        
        7000.00000000
        NS
        USD
        970970.00000000
        0.547746205560
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Achieve Life Sciences Inc
        549300V82ZKZDTAU0A46
        
        004468500
        
          
          
        
        33500.00000000
        NS
        USD
        253595.00000000
        0.143058692852
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Northwest Natural Holding Co
        N/A
        
        66765N105
        
          
          
        
        10400.00000000
        NS
        USD
        537888.00000000
        0.303434823955
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Jones Lang LaSalle Inc
        6SYKCME112RT8TQUO411
        
        48020Q107
        
          
          
        
        2919.00000000
        NS
        USD
        698983.74000000
        0.394312585696
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GEO Group Inc/The
        N/A
        
        36162J106
        
          
          
        
        35000.00000000
        NS
        USD
        231350.00000000
        0.130509783676
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Qualigen Therapeutics Inc
        549300D1RXK87UWSJV72
        
        74754R103
        
          
          
        
        80000.00000000
        NS
        USD
        52800.00000000
        0.029785677882
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Novavax Inc
        529900J4GJHPEPQ23205
        
        670002401
        
          
          
        
        2700.00000000
        NS
        USD
        198855.00000000
        0.112178616956
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        A10 Networks Inc
        549300UQD4IWUML81Q35
        
        002121101
        
          
          
        
        51400.00000000
        NS
        USD
        717030.00000000
        0.404492890380
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EVERCORE INC
        529900P6KLPT95DW3W58
        
        29977A105
        
          
          
        
        2000.00000000
        NS
        USD
        222640.00000000
        0.125596275071
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MarineMax Inc
        254900TIXTN8WY3FNN63
        
        567908108
        
          
          
        
        14500.00000000
        NS
        USD
        583770.00000000
        0.329317901088
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bluebird Bio Inc
        N/A
        
        09609G100
        
          
          
        
        2400.00000000
        NS
        USD
        11640.00000000
        0.006566388078
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SunPower Corp
        549300TXO070764WUH65
        
        867652406
        
          
          
        
        24000.00000000
        NS
        USD
        515520.00000000
        0.290816527689
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Curo Group Holdings Corp
        54930007KH8KCGJ4YE72
        
        23131L107
        
          
          
        
        24000.00000000
        NS
        USD
        313200.00000000
        0.176683225621
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SUMMIT HOTEL PROPERTIES INC
        254900OBQWJK6X20LS71
        
        866082100
        
          
          
        
        49418.00000000
        NS
        USD
        492203.28000000
        0.277663036946
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MYR Group Inc
        529900G1IMMZHOQ17I54
        
        55405W104
        
          
          
        
        4500.00000000
        NS
        USD
        423180.00000000
        0.238725438756
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vir Biotechnology Inc
        N/A
        
        92764N102
        
          
          
        
        11000.00000000
        NS
        USD
        282920.00000000
        0.159601590653
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Aravive Inc
        5493002Z0KHRW71RNC19
        
        03890D108
        
          
          
        
        37200.00000000
        NS
        USD
        71796.00000000
        0.040501752447
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ProAssurance Corp
        54930015E5J57R675E89
        
        74267C106
        
          
          
        
        18000.00000000
        NS
        USD
        483840.00000000
        0.272945120959
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Addus HomeCare Corp
        52990090ZT33AKPDBX62
        
        006739106
        
          
          
        
        5500.00000000
        NS
        USD
        513095.00000000
        0.289448530172
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Rush Enterprises Inc
        529900V3XHTN7A6DFT17
        
        781846209
        
          
          
        
        17000.00000000
        NS
        USD
        865470.00000000
        0.488231262064
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HERSHA HOSPITALITY TRUST
        549300DNC58BIN1VO064
        
        427825500
        
          
          
        
        100000.00000000
        NS
        USD
        908000.00000000
        0.512223399949
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tenable Holdings Inc
        5493004S5OMPESF0EF83
        
        88025T102
        
          
          
        
        17000.00000000
        NS
        USD
        982430.00000000
        0.554211051555
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Co-Diagnostics Inc
        549300Z1JPESYWFM1R93
        
        189763105
        
          
          
        
        35000.00000000
        NS
        USD
        216300.00000000
        0.122019737234
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Akebia Therapeutics Inc
        549300CBQEHMKEEGNX42
        
        00972D105
        
          
          
        
        120000.00000000
        NS
        USD
        86148.00000000
        0.048598041254
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        USANA Health Sciences Inc
        549300YTURXE814MAH96
        
        90328M107
        
          
          
        
        4900.00000000
        NS
        USD
        389305.00000000
        0.219615782728
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Paylocity Holding Corp
        549300VH75FTB4DIEE07
        
        70438V106
        
          
          
        
        4300.00000000
        NS
        USD
        884811.00000000
        0.499141958956
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Beazer Homes USA Inc
        549300DUPYT2T0F60I45
        
        07556Q881
        
          
          
        
        66000.00000000
        NS
        USD
        1004520.00000000
        0.566672521714
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Anika Therapeutics Inc
        529900R9LS3Z0O6QH455
        
        035255108
        
          
          
        
        7500.00000000
        NS
        USD
        188325.00000000
        0.106238405061
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Orion Group Holdings Inc
        549300KBVXPV9Q3CT222
        
        68628V308
        
          
          
        
        150000.00000000
        NS
        USD
        372000.00000000
        0.209853639626
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Heidrick & Struggles Internati
        5493006284N2J367VB57
        
        422819102
        
          
          
        
        11000.00000000
        NS
        USD
        435380.00000000
        0.245607735539
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Arrowhead Pharmaceuticals Inc
        549300O3CSB8T7OZ3D66
        
        04280A100
        
          
          
        
        2500.00000000
        NS
        USD
        114975.00000000
        0.064860005957
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Stewart Information Services C
        529900TV1XI0PLKENU10
        
        860372101
        
          
          
        
        12000.00000000
        NS
        USD
        727320.00000000
        0.410297712831
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dycom Industries Inc
        549300F56EKTHQI3WT60
        
        267475101
        
          
          
        
        8000.00000000
        NS
        USD
        762080.00000000
        0.429906617437
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cara Therapeutics Inc
        549300COVOY41P0GZ881
        
        140755109
        
          
          
        
        20000.00000000
        NS
        USD
        243000.00000000
        0.137081812982
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sanmina Corp
        X5K24XLM8QYRXF00EB42
        
        801056102
        
          
          
        
        12000.00000000
        NS
        USD
        485040.00000000
        0.273622068184
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Homology Medicines Inc
        549300RWKPJEFTM3K452
        
        438083107
        
          
          
        
        50900.00000000
        NS
        USD
        154736.00000000
        0.087290088121
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sunstone Hotel Investors Inc
        529900ZQ2V52V96ATF67
        
        867892101
        
          
          
        
        79219.00000000
        NS
        USD
        933199.82000000
        0.526439190123
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ovintiv Inc
        N/A
        
        69047Q102
        
          
          
        
        32000.00000000
        NS
        USD
        1730240.00000000
        0.976067638247
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Solid Biosciences Inc
        N/A
        
        83422E105
        
          
          
        
        75000.00000000
        NS
        USD
        90000.00000000
        0.050771041845
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MacroGenics Inc
        5493001KJQUA83L8MH79
        
        556099109
        
          
          
        
        7000.00000000
        NS
        USD
        61670.00000000
        0.034789446117
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        COGENT COMMUNICATIONS HOLDIN
        N/A
        
        19239V302
        
          
          
        
        6000.00000000
        NS
        USD
        398100.00000000
        0.224577241761
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Gentherm Inc
        HKM6YX1U5JS60TCUB219
        
        37253A103
        
          
          
        
        5900.00000000
        NS
        USD
        430936.00000000
        0.243100774317
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Encore Capital Group Inc
        5493000UVC6H49CIH830
        
        292554102
        
          
          
        
        13900.00000000
        NS
        USD
        871947.00000000
        0.491885084708
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Precigen Inc
        549300XCWNQU35K64G19
        
        74017N105
        
          
          
        
        50000.00000000
        NS
        USD
        105500.00000000
        0.059514943496
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Steelcase Inc
        GIE4CCPBJDI8SMV1OX95
        
        858155203
        
          
          
        
        15000.00000000
        NS
        USD
        179250.00000000
        0.101118991675
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tri Pointe Homes Inc
        N/A
        
        87265H109
        
          
          
        
        28100.00000000
        NS
        USD
        564248.00000000
        0.318305097989
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Amerant Bancorp Inc
        5493007OCZP75TGDUY32
        
        023576101
        
          
          
        
        15195.00000000
        NS
        USD
        480010.05000000
        0.270784559274
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BlueLinx Holdings Inc
        549300YSX7GU28F5I540
        
        09624H208
        
          
          
        
        15000.00000000
        NS
        USD
        1078200.00000000
        0.608237081305
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Terex Corp
        YAWJZJYEQ7M1SYMOS462
        
        880779103
        
          
          
        
        18000.00000000
        NS
        USD
        641880.00000000
        0.362099070439
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alkermes PLC
        N/A
        
        000000000
        
          
          
          
        
        20300.00000000
        NS
        USD
        534093.00000000
        0.301293978358
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Cutera Inc
        529900NPKPEWJWR21Z42
        
        232109108
        
          
          
        
        12000.00000000
        NS
        USD
        828000.00000000
        0.467093584975
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RLJ Lodging Trust
        N/A
        
        74965L101
        
          
          
        
        42097.00000000
        NS
        USD
        592725.76000000
        0.334370048485
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BGC Partners Inc
        TF1LXM1YNB81WKUH5G19
        
        05541T101
        
          
          
        
        130900.00000000
        NS
        USD
        575960.00000000
        0.324912102901
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UNITY Biotechnology Inc
        549300WDOM0RU3CUO763
        
        91381U101
        
          
          
        
        91100.00000000
        NS
        USD
        102032.00000000
        0.057558566017
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Piedmont Office Realty Trust I
        N/A
        
        720190206
        
          
          
        
        35500.00000000
        NS
        USD
        611310.00000000
        0.344853839893
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AAR Corp
        MP76T5YQX3YK5VVAQ802
        
        000361105
        
          
          
        
        15000.00000000
        NS
        USD
        726450.00000000
        0.409806926093
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mr Cooper Group Inc
        549300KD8C6DPXYC2M26
        
        62482R107
        
          
          
        
        13000.00000000
        NS
        USD
        593710.00000000
        0.334925280599
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Patrick Industries Inc
        549300FZ5ZTCCJ3Z5W14
        
        703343103
        
          
          
        
        6000.00000000
        NS
        USD
        361800.00000000
        0.204099588217
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        OFG Bancorp
        549300Q4QEXJ37LEXQ06
        
        67103X102
        
          
          
        
        27642.00000000
        NS
        USD
        736382.88000000
        0.415410289050
        Long
        EC
        CORP
        PR
        N
        
        1
        
          N
          N
          N
        
      
      
        Perion Network Ltd
        529900SL7HYNVD6HG708
        
        000000000
        
          
          
          
        
        25000.00000000
        NS
        USD
        562250.00000000
        0.317177980860
        Long
        EC
        CORP
        IL
        N
        
        1
        
          N
          N
          N
        
      
      
        ChannelAdvisor Corp
        549300KE5CWXBSGWXT83
        
        159179100
        
          
          
        
        18000.00000000
        NS
        USD
        298260.00000000
        0.168255232674
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Celldex Therapeutics Inc
        529900F018DMYWH38923
        
        15117B202
        
          
          
        
        5172.00000000
        NS
        USD
        176158.32000000
        0.099374904845
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Chatham Lodging Trust
        N/A
        
        16208T102
        
          
          
        
        37200.00000000
        NS
        USD
        512988.00000000
        0.289388169045
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fiesta Restaurant Group Inc
        N/A
        
        31660B101
        
          
          
        
        15900.00000000
        NS
        USD
        118852.50000000
        0.067047391676
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Flushing Financial Corp
        N/A
        
        343873105
        
          
          
        
        30000.00000000
        NS
        USD
        670500.00000000
        0.378244261746
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Standard Motor Products Inc
        THGK1EO5B5HK0JHQVZ90
        
        853666105
        
          
          
        
        9300.00000000
        NS
        USD
        401202.00000000
        0.226327150337
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CRA International Inc
        N/A
        
        12618T105
        
          
          
        
        7000.00000000
        NS
        USD
        589820.00000000
        0.332730843345
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First Horizon Corp
        TF3RXI1ZB1TQ30H9JV10
        
        320517105
        
          
          
        
        40000.00000000
        NS
        USD
        939600.00000000
        0.530049676863
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MEDIA GENERAL INC
        N/A
        
        000000000
        
          
        
        20404.00000000
        NS
        USD
        0.00000000
        0.000000
        Long
        EC
        CORP
        US
        N
        
        3
        
          N
          N
          N
        
      
      
        Big 5 Sporting Goods Corp
        529900BFAM7VKQMKUC49
        
        08915P101
        
          
          
        
        42000.00000000
        NS
        USD
        720300.00000000
        0.406337571567
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        STAAR Surgical Co
        5299006LRHI7OJ8BY308
        
        852312305
        
          
          
        
        6000.00000000
        NS
        USD
        479460.00000000
        0.270474263589
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Arlo Technologies Inc
        549300T4EUX2OQ75HV52
        
        04206A101
        
          
          
        
        67300.00000000
        NS
        USD
        596278.00000000
        0.336373947659
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hope Bancorp Inc
        549300UTF4QGMBHIZ219
        
        43940T109
        
          
          
        
        48300.00000000
        NS
        USD
        776664.00000000
        0.438133782707
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Domo Inc
        549300X57AGT5JULJ761
        
        257554105
        
          
          
        
        6000.00000000
        NS
        USD
        303420.00000000
        0.171166105740
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        eGain Corp
        N/A
        
        28225C806
        
          
          
        
        30900.00000000
        NS
        USD
        357822.00000000
        0.201855508168
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Genworth Financial Inc
        549300EMCG286BDNKJ33
        
        37247D106
        
          
          
        
        150000.00000000
        NS
        USD
        567000.00000000
        0.319857563624
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Enova International Inc
        549300O8XOCQSB49UO63
        
        29357K103
        
          
          
        
        30000.00000000
        NS
        USD
        1139100.00000000
        0.642592152954
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GT Biopharma Inc
        549300HMPDDS7IM47Y18
        
        36254L209
        
          
          
        
        28000.00000000
        NS
        USD
        80640.00000000
        0.045490853493
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SM Energy Co
        84BUTVXV5ODI6BXNMH43
        
        78454L100
        
          
          
        
        35000.00000000
        NS
        USD
        1363250.00000000
        0.769040253282
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pitney Bowes Inc
        549300N2O26NW4ST6W55
        
        724479100
        
          
          
        
        60000.00000000
        NS
        USD
        312000.00000000
        0.176006278396
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Syros Pharmaceuticals Inc
        549300512PURS7IGVT96
        
        87184Q107
        
          
          
        
        63000.00000000
        NS
        USD
        74970.00000000
        0.042292277857
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Yelp Inc
        5299007OU2DOSXPQBO35
        
        985817105
        
          
          
        
        26000.00000000
        NS
        USD
        886860.00000000
        0.500297846342
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Douglas Elliman Inc
        N/A
        
        25961D105
        
          
          
        
        33000.00000000
        NS
        USD
        240900.00000000
        0.135897155338
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Amkor Technology Inc
        529900VHLRTKPWZJBM84
        
        031652100
        
          
          
        
        57937.00000000
        NS
        USD
        1258391.64000000
        0.709887273467
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Berry Corp
        N/A
        
        08579X101
        
          
          
        
        71800.00000000
        NS
        USD
        740976.00000000
        0.418001372247
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Community Trust Bancorp Inc
        N/A
        
        204149108
        
          
          
        
        3600.00000000
        NS
        USD
        148320.00000000
        0.083670676960
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ranger Oil Corp
        5493003S4AVU6OSXB118
        
        70788V102
        
          
          
        
        30000.00000000
        NS
        USD
        1035900.00000000
        0.584374691638
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Brinker International Inc
        52990067JY6PBGJNTG76
        
        109641100
        
          
          
        
        10700.00000000
        NS
        USD
        408312.00000000
        0.230338062643
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Viracta Therapeutics Inc
        549300O5S543GE2D9G67
        
        92765F108
        
          
          
        
        42878.00000000
        NS
        USD
        204099.28000000
        0.115137034282
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Atara Biotherapeutics Inc
        549300WBXUXZRE03MS38
        
        046513107
        
          
          
        
        30000.00000000
        NS
        USD
        278700.00000000
        0.157220992913
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Infinity Pharmaceuticals Inc
        529900A03D1G15M8WM72
        
        45665G303
        
          
          
        
        110000.00000000
        NS
        USD
        125400.00000000
        0.070740984970
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NextCure Inc
        549300Y5PR6RJR1STI24
        
        65343E108
        
          
          
        
        35000.00000000
        NS
        USD
        170100.00000000
        0.095957269087
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Textainer Group Holdings Ltd
        529900OHEYRATAFMIT89
        
        000000000
        
          
          
          
        
        20000.00000000
        NS
        USD
        761400.00000000
        0.429523014010
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Darling Ingredients Inc
        L1N0SPPKS7EXZYUMZ898
        
        237266101
        
          
          
        
        17000.00000000
        NS
        USD
        1366460.00000000
        0.770851087108
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HomeTrust Bancshares Inc
        N/A
        
        437872104
        
          
          
        
        12000.00000000
        NS
        USD
        354360.00000000
        0.199902515425
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IDACORP Inc
        N134NUJDWN8UEFA8B673
        
        451107106
        
          
          
        
        7700.00000000
        NS
        USD
        888272.00000000
        0.501094387576
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ScanSource Inc
        7FHBAN017QDY4K2KP156
        
        806037107
        
          
          
        
        18500.00000000
        NS
        USD
        643615.00000000
        0.363077823302
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Axcelis Technologies Inc
        529900HF9B6NL1QG9F05
        
        054540208
        
          
          
        
        16600.00000000
        NS
        USD
        1253798.00000000
        0.707295896926
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        McEwen Mining Inc
        5493000FX50GEWAF3U70
        
        58039P107
        
          
          
        
        343000.00000000
        NS
        USD
        288703.10000000
        0.162863968565
        Long
        EC
        CORP
        CA
        N
        
        1
        
          N
          N
          N
        
      
      
        Meridian Bioscience Inc
        549300ELSRZEFFFRX195
        
        589584101
        
          
          
        
        16374.00000000
        NS
        USD
        425069.04000000
        0.239791089077
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alector Inc
        549300Z8RQOIY1JMHC25
        
        014442107
        
          
          
        
        21400.00000000
        NS
        USD
        304950.00000000
        0.172029213452
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Winnebago Industries Inc
        549300B7OYKYJLTE3G11
        
        974637100
        
          
          
        
        6100.00000000
        NS
        USD
        329583.00000000
        0.185925247605
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EchoStar Corp
        549300EE20907QZ9GT38
        
        278768106
        
          
          
        
        21000.00000000
        NS
        USD
        511140.00000000
        0.288345670319
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NMI Holdings Inc
        529900KNNGFXJX1C3Z08
        
        629209305
        
          
          
        
        20000.00000000
        NS
        USD
        412400.00000000
        0.232644196188
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Varonis Systems Inc
        549300SHIVNRRH7STS26
        
        922280102
        
          
          
        
        11800.00000000
        NS
        USD
        560972.00000000
        0.316457032066
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TravelCenters of America Inc
        529900FQY3V2OO9M4Z65
        
        89421B109
        
          
          
        
        12800.00000000
        NS
        USD
        549888.00000000
        0.310204296201
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pacific Biosciences of Califor
        529900F1BWRE1M0KZN89
        
        69404D108
        
          
          
        
        12000.00000000
        NS
        USD
        109200.00000000
        0.061602197438
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Carter Bankshares Inc
        N/A
        
        146103106
        
          
          
        
        54000.00000000
        NS
        USD
        937980.00000000
        0.529135798110
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Jack in the Box Inc
        5493002OJW26P0SUUP68
        
        466367109
        
          
          
        
        5800.00000000
        NS
        USD
        541778.00000000
        0.305629261208
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Midland States Bancorp Inc
        5493006RHXW9TTBWYC94
        
        597742105
        
          
          
        
        21286.00000000
        NS
        USD
        614313.96000000
        0.346548441880
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SpartanNash Co
        549300TV3QCCSQLF5X16
        
        847215100
        
          
          
        
        43200.00000000
        NS
        USD
        1425168.00000000
        0.803969601827
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cars.com Inc
        5493002G6J07LNGX4M98
        
        14575E105
        
          
          
        
        40000.00000000
        NS
        USD
        577200.00000000
        0.325611615033
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ruth's Hospitality Group Inc
        529900JQW9JP41OHOD14
        
        783332109
        
          
          
        
        15000.00000000
        NS
        USD
        343200.00000000
        0.193606906236
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Manitowoc Co Inc/The
        2RTSLGQ89VMY18RHX631
        
        563571405
        
          
          
        
        35000.00000000
        NS
        USD
        527800.00000000
        0.297743954287
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Heritage Financial Corp/WA
        N/A
        
        42722X106
        
          
          
        
        13000.00000000
        NS
        USD
        325780.00000000
        0.183779889025
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ooma Inc
        N/A
        
        683416101
        
          
          
        
        18600.00000000
        NS
        USD
        278814.00000000
        0.157285302900
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MARCUS & MILLICHAP INC
        549300B2HE8ULXNB1N48
        
        566324109
        
          
          
        
        14039.00000000
        NS
        USD
        739574.52000000
        0.417210765584
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Perdoceo Education Corp
        529900X5PCA184O9LY90
        
        71363P106
        
          
          
        
        28000.00000000
        NS
        USD
        321440.00000000
        0.181331596563
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First Internet Bancorp
        549300T25MP2M92XU194
        
        320557101
        
          
          
        
        9000.00000000
        NS
        USD
        387090.00000000
        0.218366250976
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        M/I Homes Inc
        5299005M71FH9CCSFB69
        
        55305B101
        
          
          
        
        10400.00000000
        NS
        USD
        461240.00000000
        0.260195948229
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Masonite International Corp
        549300H0H07ZFT4JYM32
        
        575385109
        
          
          
        
        13200.00000000
        NS
        USD
        1174008.00000000
        0.662284547717
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sanderson Farms Inc
        529900KZGVFTWHUO2759
        
        800013104
        
          
          
        
        3000.00000000
        NS
        USD
        562470.00000000
        0.317302087851
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Otter Tail Corp
        N/A
        
        689648103
        
          
          
        
        6000.00000000
        NS
        USD
        375000.00000000
        0.211546007688
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lakeland Industries Inc
        549300HGP70IM9WKU164
        
        511795106
        
          
          
        
        17000.00000000
        NS
        USD
        326230.00000000
        0.184033744235
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Healthcare Services Group Inc
        529900GVZ1D2FBYMS719
        
        421906108
        
          
          
        
        22000.00000000
        NS
        USD
        408540.00000000
        0.230466682615
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Chimerix Inc
        5299002IR2GXUBEPKS66
        
        16934W106
        
          
          
        
        40401.00000000
        NS
        USD
        185036.58000000
        0.104383332734
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TRUEBLUE INC
        N/A
        
        89785X101
        
          
          
        
        19949.00000000
        NS
        USD
        576326.61000000
        0.325118915920
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Joint Corp/The
        N/A
        
        47973J102
        
          
          
        
        15000.00000000
        NS
        USD
        530850.00000000
        0.299464528483
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GrafTech International Ltd
        549300GY32W00XP57351
        
        384313508
        
          
          
        
        38600.00000000
        NS
        USD
        371332.00000000
        0.209476805671
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Oasis Petroleum Inc
        529900FA4V2YNIKZ0M71
        
        674215207
        
          
          
        
        5500.00000000
        NS
        USD
        804650.00000000
        0.453921320230
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Signet Jewelers Ltd
        549300N3XPGE91WV7M22
        
        000000000
        
          
          
          
        
        13000.00000000
        NS
        USD
        945100.00000000
        0.533152351643
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        XPEL Inc
        549300KWSE3IGXLJNW66
        
        98379L100
        
          
          
        
        7500.00000000
        NS
        USD
        394575.00000000
        0.222588709289
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tenet Healthcare Corp
        0W9AIBT6U6ADJ2I8HK17
        
        88033G407
        
          
          
        
        12000.00000000
        NS
        USD
        1031520.00000000
        0.581903834268
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Argan Inc
        529900E4KZWBV9KGBS83
        
        04010E109
        
          
          
        
        12693.00000000
        NS
        USD
        515208.87000000
        0.290641012197
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cellectar Biosciences Inc
        5493000NFZCRG7BYQV93
        
        15117F500
        
          
          
        
        140000.00000000
        NS
        USD
        96292.00000000
        0.054320501792
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Photronics Inc
        549300OK5JVNIBNY6F63
        
        719405102
        
          
          
        
        40000.00000000
        NS
        USD
        678800.00000000
        0.382926480050
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-05-20
      Legg Mason Global Asset Management Trust
      Christopher Berarducci
      Christopher Berarducci
      Principal Financial Officer
    
  
  XXXX

FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
COMMON STOCKS - 98.6%
COMMUNICATION SERVICES - 3.4%
Diversified Telecommunication Services - 0.7%
Cogent Communications Holdings Inc.			6,000			$	398,100
EchoStar Corp., Class A Shares			21,000				511,140	*
Ooma Inc.			18,600				278,814	*
Total Diversified Telecommunication Services							1,188,054
Entertainment - 0.1%
Marcus Corp.			12,600				223,020	*
Interactive Media & Services - 1.7%
Angi Inc.			29,300				166,131	*
Cargurus Inc.			18,000				764,280	*
Cars.com Inc.			40,000				577,200	*
EverQuote Inc., Class A Shares			4,600				74,428	*
TrueCar Inc.			110,000				434,500	*
Yelp Inc.			26,000				886,860	*
Total Interactive Media & Services							2,903,399
Media - 0.5%
Gannett Co. Inc.			80,000				360,800	*
Media General Inc., CVR			20,404				0	*(a)(b)(c)
Perion Network Ltd.			25,000				562,250	*
Total Media							923,050
Wireless Telecommunication Services - 0.4%
Shenandoah Telecommunications Co.			12,000				282,960
Telephone & Data Systems Inc.			11,800				222,784
United States Cellular Corp.			8,000				241,840	*
Total Wireless Telecommunication Services							747,584
TOTAL COMMUNICATION SERVICES							5,985,107
CONSUMER DISCRETIONARY - 9.7%
Auto Components - 1.0%
Gentherm Inc.			5,900				430,936	*
Goodyear Tire & Rubber Co.			11,337				162,006	*
Patrick Industries Inc.			6,000				361,800
Standard Motor Products Inc.			9,300				401,202
XPEL Inc.			7,500				394,575	*
Total Auto Components							1,750,519
Automobiles - 0.2%
Winnebago Industries Inc.			6,100				329,583

 

 

 

See Notes to Schedule of Investments.

 

		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report		1

---

FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
Diversified Consumer Services - 0.4%
Perdoceo Education Corp.			28,000			$	321,440	*
Vivint Smart Home Inc.			70,000				473,200	*
Total Diversified Consumer Services							794,640
Hotels, Restaurants & Leisure - 2.0%
Bloomin’ Brands Inc.			39,000				855,660
Brinker International Inc.			10,700				408,312	*
Cracker Barrel Old Country Store Inc.			1,200				142,476
Dave & Buster’s Entertainment Inc.			15,000				736,500	*
Fiesta Restaurant Group Inc.			15,900				118,852	*
Jack in the Box Inc.			5,800				541,778
Penn National Gaming Inc.			6,000				254,520	*
Red Robin Gourmet Burgers Inc.			5,600				94,416	*
Ruth’s Hospitality Group Inc.			15,000				343,200
Total Hotels, Restaurants & Leisure							3,495,714
Household Durables - 2.2%
Beazer Homes USA Inc.			66,000				1,004,520	*
Ethan Allen Interiors Inc.			19,000				495,330
GoPro Inc., Class A Shares			42,000				358,260	*
M/I Homes Inc.			10,400				461,240	*
MDC Holdings Inc.			7,000				264,880
Meritage Homes Corp.			9,000				713,070	*
Tri Pointe Homes Inc.			28,100				564,248	*
Total Household Durables							3,861,548
Leisure Products - 0.3%
Smith & Wesson Brands Inc.			33,000				499,290
Multiline Retail - 0.2%
Macy’s Inc.			20,000				487,200
Specialty Retail - 2.9%
Academy Sports & Outdoors Inc.			19,000				748,600
Big 5 Sporting Goods Corp.			42,000				720,300
Dick’s Sporting Goods Inc.			6,000				600,120
Genesco Inc.			6,200				394,382	*
Hibbett Inc.			10,000				443,400
Kirkland’s Inc.			12,500				116,125	*
MarineMax Inc.			14,500				583,770	*
Signet Jewelers Ltd.			13,000				945,100
TravelCenters of America Inc.			12,800				549,888	*
Total Specialty Retail							5,101,685

 

 

 

See Notes to Schedule of Investments.

 

2		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report

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FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
Textiles, Apparel & Luxury Goods - 0.5%
Lakeland Industries Inc.			17,000			$	326,230	*
Movado Group Inc.			14,000				546,700
Total Textiles, Apparel & Luxury Goods							872,930
TOTAL CONSUMER DISCRETIONARY							17,193,109
CONSUMER STAPLES - 4.8%
Beverages - 0.5%
Coca-Cola Consolidated Inc.			1,800				894,330
Food & Staples Retailing - 1.4%
SpartanNash Co.			43,200				1,425,168
United Natural Foods Inc.			28,000				1,157,800	*
Total Food & Staples Retailing							2,582,968
Food Products - 1.4%
Darling Ingredients Inc.			17,000				1,366,460	*
John B Sanfilippo & Son Inc.			6,000				500,640
Sanderson Farms Inc.			3,000				562,470
Total Food Products							2,429,570
Personal Products - 0.8%
Medifast Inc.			4,300				734,354
Nature’s Sunshine Products Inc.			17,200				289,304	*
USANA Health Sciences Inc.			4,900				389,305	*
Total Personal Products							1,412,963
Tobacco - 0.7%
Turning Point Brands Inc.			11,000				374,110
Vector Group Ltd.			66,000				794,640
Total Tobacco							1,168,750
TOTAL CONSUMER STAPLES							8,488,581
ENERGY - 6.3%
Oil, Gas & Consumable Fuels - 6.3%
Berry Corp.			71,800				740,976
Diamondback Energy Inc.			7,500				1,028,100
Golar LNG Ltd.			29,000				718,620	*
Laredo Petroleum Inc.			12,500				989,250	*
Murphy Oil Corp.			30,000				1,211,700
Oasis Petroleum Inc.			5,500				804,650
Ovintiv Inc.			32,000				1,730,240
Ranger Oil Corp., Class A Shares			30,000				1,035,900	*
REX American Resources Corp.			3,000				298,800	*

 

 

 

See Notes to Schedule of Investments.

 

		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report		3

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FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
Oil, Gas & Consumable Fuels - continued
SandRidge Energy Inc.			80,000			$	1,281,600	*
SM Energy Co.			35,000				1,363,250
TOTAL ENERGY							11,203,086
FINANCIALS - 14.3%
Banks - 8.3%
Amerant Bancorp Inc.			15,195				480,010
Berkshire Hills Bancorp Inc.			28,001				811,189
Carter Bankshares Inc.			54,000				937,980	*
Central Pacific Financial Corp.			17,200				479,880
Community Trust Bancorp Inc.			3,600				148,320
Equity Bancshares Inc., Class A Shares			14,300				462,033
Financial Institutions Inc.			15,000				451,950
First BanCorp			99,920				1,310,950
First Commonwealth Financial Corp.			32,646				494,913
First Financial Corp.			9,900				428,472
First Horizon Corp.			40,000				939,600
First Internet Bancorp			9,000				387,090
Flushing Financial Corp.			30,000				670,500
Hancock Whitney Corp.			11,253				586,844
Hanmi Financial Corp.			59,500				1,464,295
Heartland Financial USA Inc.			5,500				263,065
Heritage Financial Corp.			13,000				325,780
HomeStreet Inc.			11,000				521,180
HomeTrust Bancshares Inc.			12,000				354,360
Hope Bancorp Inc.			48,300				776,664
Midland States Bancorp Inc.			21,286				614,314
OFG Bancorp			27,642				736,383
Peoples Bancorp Inc.			15,500				485,305
Umpqua Holdings Corp.			24,000				452,640
Total Banks							14,583,717
Capital Markets - 1.2%
Affiliated Managers Group Inc.			3,000				422,850
Artisan Partners Asset Management Inc., Class A Shares			8,500				334,475
BGC Partners Inc., Class A Shares			130,900				575,960
Evercore Inc., Class A Shares			2,000				222,640
Moelis & Co., Class A Shares			13,000				610,350
Total Capital Markets							2,166,275
Consumer Finance - 1.3%
Curo Group Holdings Corp.			24,000				313,200

 

 

See Notes to Schedule of Investments.

 

4		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report

---

FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
Consumer Finance - continued
Encore Capital Group Inc.			13,900			$	871,947	*
Enova International Inc.			30,000				1,139,100	*
Total Consumer Finance							2,324,247
Insurance - 1.4%
Genworth Financial Inc., Class A Shares			150,000				567,000	*
ProAssurance Corp.			18,000				483,840
Safety Insurance Group Inc.			7,800				708,630
Stewart Information Services Corp.			12,000				727,320
Total Insurance							2,486,790
Thrifts & Mortgage Finance - 2.1%
Flagstar Bancorp Inc.			15,000				636,000
MGIC Investment Corp.			67,000				907,850
Mr. Cooper Group Inc.			13,000				593,710	*
NMI Holdings Inc., Class A Shares			20,000				412,400	*
Radian Group Inc.			52,518				1,166,425
Total Thrifts & Mortgage Finance							3,716,385
Total Financials							25,277,414
HEALTH CARE - 15.7%
Biotechnology - 6.5%
Abeona Therapeutics Inc.			320,000				100,800	*
Achieve Life Sciences Inc.			33,500				253,595	*
Achillion Pharmaceuticals Inc., CVR			89,796				0	*(a)(b)(c)
Aeglea BioTherapeutics Inc.			45,000				103,500	*
Akebia Therapeutics Inc.			120,000				86,148	*
Alector Inc.			21,400				304,950	*
Alkermes PLC			20,300				534,093	*
AnaptysBio Inc.			14,400				356,256	*
Anika Therapeutics Inc.			7,500				188,325	*
Aptevo Therapeutics Inc.			15,400				90,398	*
Aravive Inc.			37,200				71,796	*
Arbutus Biopharma Corp.			45,000				134,100	*
Ardelyx Inc.			300,000				321,000	*
Arrowhead Pharmaceuticals Inc.			2,500				114,975	*
Assembly Biosciences Inc.			55,000				113,300	*
Atara Biotherapeutics Inc.			30,000				278,700	*
Atossa Therapeutics Inc.			70,000				87,500	*
Beyondspring Inc.			18,100				39,820	*
Bluebird Bio Inc.			2,400				11,640	*
Calithera Biosciences Inc.			130,000				52,520	*
Caribou Biosciences Inc.			21,000				192,780	*

 

 

 

See Notes to Schedule of Investments.

 

		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report		5

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FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
Biotechnology - continued
CASI Pharmaceuticals Inc.			355,100			$	287,524	*
Celldex Therapeutics Inc.			5,172				176,158	*
Cellectar Biosciences Inc.			140,000				96,292	*
Chimerix Inc.			40,401				185,037	*
Cyclerion Therapeutics Inc.			113,435				125,913	*
CytomX Therapeutics Inc.			50,000				133,500	*
Deciphera Pharmaceuticals Inc.			13,000				120,510	*
Eagle Pharmaceuticals Inc.			8,195				405,571	*
GlycoMimetics Inc.			158,100				180,234	*
Gritstone bio Inc.			40,000				164,800	*
GT Biopharma Inc.			28,000				80,640	*
Homology Medicines Inc.			50,900				154,736	*
Infinity Pharmaceuticals Inc.			110,000				125,400	*
Intercept Pharmaceuticals Inc.			11,000				178,970	*
iTeos Therapeutics Inc.			6,500				209,170	*
Jounce Therapeutics Inc.			35,000				237,650	*
MacroGenics Inc.			7,000				61,670	*
NextCure Inc.			35,000				170,100	*
Novavax Inc.			2,700				198,855	*
PDL BioPharma Inc.			152,500				376,675	*(a)(b)
Pieris Pharmaceuticals Inc.			43,500				131,805	*
Precigen Inc.			50,000				105,500	*
Precision BioSciences Inc.			25,000				77,000	*
Prothena Corp. PLC			9,000				329,130	*
Puma Biotechnology Inc.			35,000				100,800	*
Qualigen Therapeutics Inc.			80,000				52,800	*
RAPT Therapeutics Inc.			12,500				274,875	*
REGENXBIO Inc.			8,200				272,158	*
Rigel Pharmaceuticals Inc.			80,000				239,200	*
Savara Inc.			239,500				313,745	*
Selecta Biosciences Inc.			88,900				109,347	*
Sio Gene Therapies Inc.			80,000				53,600	*
Solid Biosciences Inc.			75,000				90,000	*
Spectrum Pharmaceuticals Inc.			120,000				154,800	*
Synlogic Inc.			100,000				240,000	*
Syros Pharmaceuticals Inc.			63,000				74,970	*
T2 Biosystems Inc.			375,000				196,538	*
Tempest Therapeutics Inc.			15,000				51,000	*
Tracon Pharmaceuticals Inc.			42,900				112,827	*
UNITY Biotechnology Inc.			91,100				102,032	*

 

 

See Notes to Schedule of Investments.

 

6		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report

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FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
Biotechnology - continued
Vanda Pharmaceuticals Inc.			28,000			$	316,680	*
Vaxcyte Inc.			7,100				171,465	*
Verastem Inc.			156,500				220,665	*
Vir Biotechnology Inc.			11,000				282,920	*
Viracta Therapeutics Inc.			42,878				204,099	*
Xencor Inc.			6,600				176,088	*
Total Biotechnology							11,559,645
Health Care Equipment & Supplies - 3.8%
Apyx Medical Corp.			53,600				350,008	*
Co-Diagnostics Inc.			35,000				216,300	*
Cutera Inc.			12,000				828,000	*
Electromed Inc.			30,600				380,664	*
Globus Medical Inc., Class A Shares			8,200				604,996	*
iRadimed Corp.			6,300				282,492
Masimo Corp.			2,850				414,789	*
Meridian Bioscience Inc.			16,374				425,069	*
Natus Medical Inc.			16,774				440,821	*
Neogen Corp.			6,000				185,040	*
Quidel Corp.			4,500				506,070	*
Shockwave Medical Inc.			4,800				995,328	*
STAAR Surgical Co.			6,000				479,460	*
Varex Imaging Corp.			18,000				383,220	*
Zynex Inc.			26,400				164,472	*
Total Health Care Equipment & Supplies							6,656,729
Health Care Providers & Services - 3.9%
Addus HomeCare Corp.			5,500				513,095	*
AMN Healthcare Services Inc.			7,000				730,310	*
Ensign Group Inc.			18,000				1,620,180
Fulgent Genetics Inc.			6,400				399,424	*
Hanger Inc.			24,000				439,920	*
InfuSystem Holdings Inc.			18,000				176,400	*
Joint Corp.			15,000				530,850	*
Owens & Minor Inc.			12,000				528,240
Tenet Healthcare Corp.			12,000				1,031,520	*
Tivity Health Inc.			31,000				997,270	*
Total Health Care Providers & Services							6,967,209
Life Sciences Tools & Services - 0.1%
Pacific Biosciences of California Inc.			12,000				109,200	*
Pharmaceuticals - 1.4%
Amphastar Pharmaceuticals Inc.			13,000				466,700	*

 

 

 

See Notes to Schedule of Investments.

 

		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report		7

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FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
Pharmaceuticals - continued
Assertio Holdings Inc.			75,000			$	215,250	*
Atea Pharmaceuticals Inc.			22,800				164,616	*
Cara Therapeutics Inc.			20,000				243,000	*
Clearside Biomedical Inc.			110,000				251,900	*
Innoviva Inc.			24,500				474,075	*
Iterum Therapeutics PLC			377,900				134,154	*
Seelos Therapeutics Inc.			110,000				92,158	*
Theravance Biopharma Inc.			15,000				143,400	*
VYNE Therapeutics Inc.			140,000				91,014	*
WaVe Life Sciences Ltd.			65,100				130,200	*
Total Pharmaceuticals							2,406,467
TOTAL HEALTH CARE							27,699,250
INDUSTRIALS - 15.7%
Aerospace & Defense - 0.6%
AAR Corp.			15,000				726,450	*
Astronics Corp.			20,000				258,600	*
Total Aerospace & Defense							985,050
Airlines - 0.0%††
SkyWest Inc.			3,200				92,320	*
Building Products - 0.8%
Alpha Pro Tech Ltd.			26,500				111,300	*
Caesarstone Ltd.			19,200				201,984
Masonite International Corp.			13,200				1,174,008	*
Total Building Products							1,487,292
Commercial Services & Supplies - 1.0%
CoreCivic Inc.			51,600				576,372	*
GEO Group Inc.			35,000				231,350	*
Healthcare Services Group Inc.			22,000				408,540
Pitney Bowes Inc.			60,000				312,000
Steelcase Inc., Class A Shares			15,000				179,250
Total Commercial Services & Supplies							1,707,512
Construction & Engineering - 1.2%
Argan Inc.			12,693				515,209
Dycom Industries Inc.			8,000				762,080	*
MYR Group Inc.			4,500				423,180	*
Orion Group Holdings Inc.			150,000				372,000	*
Total Construction & Engineering							2,072,469
Electrical Equipment - 0.2%
GrafTech International Ltd.			38,600				371,332

 

 

 

See Notes to Schedule of Investments.

 

8		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report

---

FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
Machinery - 2.4%
Briggs & Stratton Corp.			158,200			$	0	*(a)(b)(c)
Greenbrier Cos. Inc.			16,700				860,217
Manitowoc Co. Inc.			35,000				527,800	*
Meritor Inc.			25,000				889,250	*
Terex Corp.			18,000				641,880
Titan International Inc.			88,400				1,302,132	*
Total Machinery							4,221,279
Professional Services - 3.1%
Barrett Business Services Inc.			2,400				185,928
CRA International Inc.			7,000				589,820
Exponent Inc.			5,500				594,275
FTI Consulting Inc.			4,900				770,378	*
Heidrick & Struggles International Inc.			11,000				435,380
Insperity Inc.			10,800				1,084,536
Kforce Inc.			18,000				1,331,460
TrueBlue Inc.			19,949				576,327	*
Total Professional Services							5,568,104
Road & Rail - 1.2%
ArcBest Corp.			8,000				644,000
Covenant Logistics Group Inc.			23,000				495,190
Werner Enterprises Inc.			24,000				984,000
Total Road & Rail							2,123,190
Trading Companies & Distributors - 5.2%
BlueLinx Holdings Inc.			15,000				1,078,200	*
Boise Cascade Co.			8,000				555,760
Herc Holdings Inc.			8,000				1,336,720
MRC Global Inc.			70,000				833,700	*
NOW Inc.			100,000				1,103,000	*
Rush Enterprises Inc., Class A Shares			17,000				865,470
Textainer Group Holdings Ltd.			20,000				761,400
Titan Machinery Inc.			15,000				423,900	*
Triton International Ltd.			14,000				982,520
Veritiv Corp.			9,500				1,269,105	*
Total Trading Companies & Distributors							9,209,775
TOTAL INDUSTRIALS							27,838,323
INFORMATION TECHNOLOGY - 14.9%
Communications Equipment - 1.3%
ADTRAN Inc.			29,000				535,050
Applied Optoelectronics Inc.			52,000				189,800	*
EMCORE Corp.			67,700				250,490	*

 

 

 

See Notes to Schedule of Investments.

 

		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report		9

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FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
Communications Equipment - continued
Extreme Networks Inc.			45,000			$	549,450	*
NETGEAR Inc.			13,038				321,778	*
NetScout Systems Inc.			14,500				465,160	*
Total Communications Equipment							2,311,728
Electronic Equipment, Instruments & Components - 1.5%
Arlo Technologies Inc.			67,300				596,278	*
Avnet Inc.			6,000				243,540
Sanmina Corp.			12,000				485,040	*
ScanSource Inc.			18,500				643,615	*
TTM Technologies Inc.			32,000				474,240	*
Vishay Intertechnology Inc.			12,000				235,200
Total Electronic Equipment, Instruments & Components							2,677,913
IT Services - 1.3%
Alliance Data Systems Corp.			5,500				308,825
ExlService Holdings Inc.			7,500				1,074,525	*
Grid Dynamics Holdings Inc.			29,500				415,360	*
LiveRamp Holdings Inc.			12,000				448,680	*
Total IT Services							2,247,390
Semiconductors & Semiconductor Equipment - 3.2%
Amkor Technology Inc.			57,937				1,258,392
Axcelis Technologies Inc.			16,600				1,253,798	*
Cirrus Logic Inc.			8,000				678,320	*
Everspin Technologies Inc.			35,000				304,850	*
Kulicke & Soffa Industries Inc.			12,000				672,240
Lattice Semiconductor Corp.			4,200				255,990	*
Photronics Inc.			40,000				678,800	*
SunPower Corp.			24,000				515,520	*
Total Semiconductors & Semiconductor Equipment							5,617,910
Software - 7.3%
A10 Networks Inc.			51,400				717,030
Alarm.com Holdings Inc.			7,500				498,450	*
Box Inc., Class A Shares			55,543				1,614,080	*
ChannelAdvisor Corp.			18,000				298,260	*
CommVault Systems Inc.			12,633				838,199	*
Domo Inc., Class B Shares			6,000				303,420	*
eGain Corp.			30,900				357,822	*
HubSpot Inc.			1,000				474,940	*
Manhattan Associates Inc.			7,000				970,970	*
Paylocity Holding Corp.			4,300				884,811	*
Qualys Inc.			7,600				1,082,316	*

 

 

 

See Notes to Schedule of Investments.

 

10		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report

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FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY		SHARES				VALUE
Software - continued
Sprout Social Inc., Class A Shares			7,000			$	560,840	*
SPS Commerce Inc.			6,200				813,440	*
Tenable Holdings Inc.			17,000				982,430	*
Varonis Systems Inc.			11,800				560,972	*
Workiva Inc.			12,300				1,451,400	*
Zuora Inc., Class A Shares			36,000				539,280	*
Total Software							12,948,660
Technology Hardware, Storage & Peripherals - 0.3%
Stratasys Ltd.			18,000				457,020	*
TOTAL INFORMATION TECHNOLOGY							26,260,621
MATERIALS - 3.1%
Chemicals - 0.7%
AdvanSix Inc.			18,000				919,620
American Vanguard Corp.			19,200				390,144
Total Chemicals							1,309,764
Metals & Mining - 1.9%
Alcoa Corp.			14,000				1,260,420
Haynes International Inc.			14,200				604,920
McEwen Mining Inc.			343,000				288,703	*
SunCoke Energy Inc.			136,000				1,211,760
Total Metals & Mining							3,365,803
Paper & Forest Products - 0.5%
Resolute Forest Products Inc.			63,900				824,949
TOTAL MATERIALS							5,500,516
REAL ESTATE - 7.5%
Equity Real Estate Investment Trusts (REITs) - 4.7%
Apple Hospitality REIT Inc.			50,000				898,500
Braemar Hotels & Resorts Inc.			50,000				309,000
Chatham Lodging Trust			37,200				512,988	*
DiamondRock Hospitality Co.			98,311				992,941	*
Hersha Hospitality Trust			100,000				908,000	*
Outfront Media Inc.			27,000				767,610
Pebblebrook Hotel Trust			26,000				636,480
Piedmont Office Realty Trust Inc., Class A Shares			35,500				611,310
RLJ Lodging Trust			42,097				592,726
Sabra Health Care REIT Inc.			25,000				372,250
Summit Hotel Properties Inc.			49,418				492,203	*
Sunstone Hotel Investors Inc.			79,219				933,200	*
Xenia Hotels & Resorts Inc.			13,000				250,770	*
Total Equity Real Estate Investment Trusts (REITs)							8,277,978

 

 

See Notes to Schedule of Investments.

 

		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report		11

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FRANKLIN U.S. SMALL CAP EQUITY FUND

 

Schedule of investments (unaudited) (cont’d)		March 31, 2022

 

(Percentages shown based on Fund net assets)
SECURITY						SHARES				VALUE
Real Estate Management & Development - 2.8%
Cushman & Wakefield PLC							34,000			$	697,340	*
Douglas Elliman Inc.							33,000				240,900
eXp World Holdings Inc.							20,000				423,400
Forestar Group Inc.							33,000				586,080	*
Jones Lang LaSalle Inc.							2,919				698,984	*
Marcus & Millichap Inc.							14,039				739,575
Newmark Group Inc., Class A Shares							41,500				660,680
RE/MAX Holdings Inc., Class A Shares							5,050				140,036
Realogy Holdings Corp.							52,000				815,360	*
Total Real Estate Management & Development											5,002,355
TOTAL REAL ESTATE											13,280,333
UTILITIES - 3.2%
Electric Utilities - 2.4%
ALLETE Inc.							11,000				736,780
IDACORP Inc.							7,700				888,272
Otter Tail Corp.							6,000				375,000
PNM Resources Inc.							16,000				762,720
Portland General Electric Co.							25,500				1,406,325
Total Electric Utilities											4,169,097
Gas Utilities - 0.6%
National Fuel Gas Co.							7,300				501,510
Northwest Natural Holding Co.							10,400				537,888
Total Gas Utilities											1,039,398
Water Utilities - 0.2%
Consolidated Water Co. Ltd.							35,000				387,100
TOTAL UTILITIES											5,595,595
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS (COST - $150,183,532)											174,321,935
		RATE
SHORT-TERM INVESTMENTS - 1.0%
Invesco Treasury Portfolio, Institutional Class
(Cost - $1,813,731)			0.172	%			1,813,731				1,813,731
TOTAL INVESTMENTS - 99.6% (Cost - $151,997,263)											176,135,666
Other Assets in Excess of Liabilities - 0.4%											657,447
TOTAL NET ASSETS - 100.0%										$	176,793,113

 

 

See Notes to Schedule of Investments.

 

12		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report

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FRANKLIN U.S. SMALL CAP EQUITY FUND

 

††	Represents less than 0.1%.

 

*	Non-income producing security.

 

(a)	Security is valued in good faith in accordance with procedures approved by the Board of Trustees (Note 1).

 

(b)	Security is valued using significant unobservable inputs (Note 1).

 

(c)	Value is less than $1.

Abbreviation(s) used in this schedule:

CVR		— Contingent Value Rights
REIT		— Real Estate Investment Trust

This Schedule of Investments is unaudited and is intended to provide information about the Fund’s investments as of the date of the schedule. Other information regarding the Fund is available in the Fund’s most recent annual or semi-annual shareholder report.

 

See Notes to Schedule of Investments.

 

		Franklin U.S. Small Cap Equity Fund 2022 Quarterly Report		13

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Notes to Schedule of Investments (unaudited)

 

1. Organization and significant accounting policies

Franklin U.S. Small Cap Equity Fund (the “Fund”) is a separate diversified investment series of Legg Mason Global Asset Management Trust (the “Trust”). The Trust, a Maryland statutory trust, is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company.

The following are significant accounting policies consistently followed by the Fund and are in conformity with U.S. generally accepted accounting principles (“GAAP”).

(a) Investment valuation. Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services typically use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. Investments in open-end funds are valued at the closing net asset value per share of each fund on the day of valuation. When the Fund holds securities or other assets that are denominated in a foreign currency, the Fund will normally use the currency exchange rates as of 4:00 p.m. (Eastern Time). If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the manager to be unreliable, the market price may be determined by the manager using quotations from one or more broker/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, the Fund values these securities as determined in accordance with procedures approved by the Fund’s Board of Trustees.

The Board of Trustees is responsible for the valuation process and has delegated the supervision of the daily valuation process to the Global Fund Valuation Committee (the “Valuation Committee”). The Valuation Committee, pursuant to the policies adopted by the Board of Trustees, is responsible for making fair value determinations, evaluating the effectiveness of the Fund’s pricing policies, and reporting to the Board of Trustees. When determining the reliability of third party pricing information for investments owned by the Fund, the Valuation Committee, among other things, conducts due diligence reviews of pricing vendors, monitors the daily change in prices and reviews transactions among market participants.

 

14

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The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer’s financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts’ research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.

For each portfolio security that has been fair valued pursuant to the policies adopted by the Board of Trustees, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such back testing monthly and fair valuation occurrences are reported to the Board of Trustees quarterly.

The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

GAAP establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

 

•

Level 1 – quoted prices in active markets for identical investments

 

•

Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

 

•

Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

 

				15

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Notes to Schedule of Investments (unaudited) (cont’d)

 

The following is a summary of the inputs used in valuing the Fund’s assets carried at fair value:

 

ASSETS
DESCRIPTION		QUOTED PRICES (LEVEL 1)				OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2)				SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3)				TOTAL
Long-Term Investments†:
Common Stocks:
Communication Services		$	5,985,107				—			$	0	*		$	5,985,107
Health Care			27,322,575				—				376,675				27,699,250
Industrials			27,838,323				—				0	*			27,838,323
Other Common Stocks			112,799,255				—				—				112,799,255
Total Long-Term Investments			173,945,260				—				376,675				174,321,935
Short-Term Investments†			1,813,731				—				—				1,813,731
Total Investments		$	175,758,991				—			$	376,675			$	176,135,666

 

†	See Schedule of Investments for additional detailed categorizations.

 

*	Amount represents less than $1.

 

16