{
	"fund": "JPMorgan BetaBuilders Europe ETF",
	"id": "S000061994",
	"url": "https://titelia.com/en/funds/S000061994",
	"manager": "J.P. Morgan Exchange-Traded Fund Trust",
	"filing": "sec",
	"currency": "USD",
	"net_assets": 9358865526.67,
	"as_of": "2026-07-31",
	"page": {
		"total": 350,
		"limit": 1000,
		"offset": 0,
		"more": false,
		"next": null,
		"previous": null
	},
	"holdings": [
		{
			"isin": "NL0010273215",
			"company": "ASML Holding NV",
			"company_url": "https://titelia.com/en/stocks/asml-holding-nv-NL0010273215",
			"country": "NL",
			"shares": 260333,
			"value": 429014590.29,
			"currency": "USD",
			"weight": 4.584,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0005405286",
			"company": "HSBC HOLDINGS PLC",
			"company_url": "https://titelia.com/en/stocks/hsbc-holdings-plc-GB0005405286",
			"country": "GB",
			"shares": 11531370,
			"value": 245564108.55,
			"currency": "USD",
			"weight": 2.6239,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH1499059983",
			"company": "Roche Holding AG",
			"company_url": "https://titelia.com/en/stocks/roche-holding-ag-CH1499059983",
			"country": "CH",
			"shares": 462861,
			"value": 202313074.88,
			"currency": "USD",
			"weight": 2.1617,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0012005267",
			"company": "Novartis AG",
			"company_url": "https://titelia.com/en/stocks/novartis-ag-CH0012005267",
			"country": "CH",
			"shares": 1278544,
			"value": 199953919.04,
			"currency": "USD",
			"weight": 2.1365,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0009895292",
			"company": "AstraZeneca PLC",
			"company_url": "https://titelia.com/en/stocks/astrazeneca-plc-GB0009895292",
			"country": "GB",
			"shares": 1039552,
			"value": 176838525.32,
			"currency": "USD",
			"weight": 1.8895,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BP6MXD84",
			"company": "SHELL PLC",
			"company_url": "https://titelia.com/en/stocks/shell-plc-GB00BP6MXD84",
			"country": "GB",
			"shares": 3740481,
			"value": 171208196.24,
			"currency": "USD",
			"weight": 1.8294,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0038863350",
			"company": "Nestle SA",
			"company_url": "https://titelia.com/en/stocks/nestle-sa-CH0038863350",
			"country": "CH",
			"shares": 1669416,
			"value": 166859913.61,
			"currency": "USD",
			"weight": 1.7829,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0007236101",
			"company": "Siemens AG",
			"company_url": "https://titelia.com/en/stocks/siemens-ag-DE0007236101",
			"country": "DE",
			"shares": 480371,
			"value": 157391913.71,
			"currency": "USD",
			"weight": 1.6817,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0113900J37",
			"company": "Banco Santander SA",
			"company_url": "https://titelia.com/en/stocks/banco-santander-sa-ES0113900J37",
			"country": "ES",
			"shares": 9619881,
			"value": 136816587.03,
			"currency": "USD",
			"weight": 1.4619,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0008404005",
			"company": "Allianz SE",
			"company_url": "https://titelia.com/en/stocks/allianz-se-DE0008404005",
			"country": "DE",
			"shares": 255034,
			"value": 127033055.79,
			"currency": "USD",
			"weight": 1.3574,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0007164600",
			"company": "SAP SE",
			"company_url": "https://titelia.com/en/stocks/sap-se-DE0007164600",
			"country": "DE",
			"shares": 689290,
			"value": 126343532.42,
			"currency": "USD",
			"weight": 1.35,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000120271",
			"company": "TotalEnergies SE",
			"company_url": "https://titelia.com/en/stocks/totalenergies-se-FR0000120271",
			"country": "FR",
			"shares": 1413879,
			"value": 124648275.41,
			"currency": "USD",
			"weight": 1.3319,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000121972",
			"company": "Schneider Electric SE",
			"company_url": "https://titelia.com/en/stocks/schneider-electric-se-FR0000121972",
			"country": "FR",
			"shares": 363413,
			"value": 122101537.93,
			"currency": "USD",
			"weight": 1.3047,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B63H8491",
			"company": "ROLLS-ROYCE HOLDINGS PLC",
			"company_url": "https://titelia.com/en/stocks/rolls-royce-holdings-plc-GB00B63H8491",
			"country": "GB",
			"shares": 5559254,
			"value": 110905217.42,
			"currency": "USD",
			"weight": 1.185,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0244767585",
			"company": "UBS Group AG",
			"company_url": "https://titelia.com/en/stocks/ubs-group-ag-CH0244767585",
			"country": "CH",
			"shares": 2001073,
			"value": 105772021.52,
			"currency": "USD",
			"weight": 1.1302,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0113211835",
			"company": "Banco Bilbao Vizcaya Argentaria SA",
			"company_url": "https://titelia.com/en/stocks/banco-bilbao-vizcaya-argentaria-sa-ES0113211835",
			"country": "ES",
			"shares": 3739659,
			"value": 104829789.36,
			"currency": "USD",
			"weight": 1.1201,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0012221716",
			"company": "ABB Ltd",
			"company_url": "https://titelia.com/en/stocks/abb-ltd-CH0012221716",
			"country": "CH",
			"shares": 1039873,
			"value": 102592765.75,
			"currency": "USD",
			"weight": 1.0962,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0062498333",
			"company": "Novo Nordisk A/S",
			"company_url": "https://titelia.com/en/stocks/novo-nordisk-a-s-DK0062498333",
			"country": "DK",
			"shares": 2130422,
			"value": 100772325.55,
			"currency": "USD",
			"weight": 1.0768,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0144580Y14",
			"company": "Iberdrola SA",
			"company_url": "https://titelia.com/en/stocks/iberdrola-sa-ES0144580Y14",
			"country": "ES",
			"shares": 4098647,
			"value": 97357639.01,
			"currency": "USD",
			"weight": 1.0403,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0005239360",
			"company": "UniCredit SpA",
			"company_url": "https://titelia.com/en/stocks/unicredit-spa-IT0005239360",
			"country": "IT",
			"shares": 1003762,
			"value": 94666666.1,
			"currency": "USD",
			"weight": 1.0115,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BVZK7T90",
			"company": "Unilever PLC",
			"company_url": "https://titelia.com/en/stocks/unilever-plc-GB00BVZK7T90",
			"country": "GB",
			"shares": 1461735,
			"value": 93006668.3,
			"currency": "USD",
			"weight": 0.9938,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000ENER6Y0",
			"company": "Siemens Energy AG",
			"company_url": "https://titelia.com/en/stocks/siemens-energy-ag-DE000ENER6Y0",
			"country": "DE",
			"shares": 541562,
			"value": 92522110.84,
			"currency": "USD",
			"weight": 0.9886,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0000235190",
			"company": "Airbus SE",
			"company_url": "https://titelia.com/en/stocks/airbus-se-NL0000235190",
			"country": "FR",
			"shares": 392777,
			"value": 92207823.44,
			"currency": "USD",
			"weight": 0.9852,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000121014",
			"company": "LVMH Moet Hennessy Louis Vuitton SE",
			"company_url": "https://titelia.com/en/stocks/lvmh-moet-hennessy-louis-vuitton-se-FR0000121014",
			"country": "FR",
			"shares": 166340,
			"value": 91343161.57,
			"currency": "USD",
			"weight": 0.976,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000073272",
			"company": "Safran SA",
			"company_url": "https://titelia.com/en/stocks/safran-sa-FR0000073272",
			"country": "FR",
			"shares": 231025,
			"value": 90788515.37,
			"currency": "USD",
			"weight": 0.9701,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0002875804",
			"company": "British American Tobacco PLC",
			"company_url": "https://titelia.com/en/stocks/british-american-tobacco-plc-GB0002875804",
			"country": "GB",
			"shares": 1456127,
			"value": 88330038.99,
			"currency": "USD",
			"weight": 0.9438,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000131104",
			"company": "BNP Paribas SA",
			"company_url": "https://titelia.com/en/stocks/bnp-paribas-sa-FR0000131104",
			"country": "FR",
			"shares": 675872,
			"value": 85882198.03,
			"currency": "USD",
			"weight": 0.9177,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0210483332",
			"company": "Cie Financiere Richemont SA",
			"company_url": "https://titelia.com/en/stocks/cie-financiere-richemont-sa-CH0210483332",
			"country": "CH",
			"shares": 357873,
			"value": 84580400.92,
			"currency": "USD",
			"weight": 0.9037,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0000072618",
			"company": "Intesa Sanpaolo SpA",
			"company_url": "https://titelia.com/en/stocks/intesa-sanpaolo-spa-IT0000072618",
			"country": "IT",
			"shares": 10238552,
			"value": 77396414.56,
			"currency": "USD",
			"weight": 0.827,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0007980591",
			"company": "BP PLC",
			"company_url": "https://titelia.com/en/stocks/bp-plc-GB0007980591",
			"country": "GB",
			"shares": 10277609,
			"value": 77217373.1,
			"currency": "USD",
			"weight": 0.8251,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000120073",
			"company": "Air Liquide SA",
			"company_url": "https://titelia.com/en/stocks/air-liquide-sa-FR0000120073",
			"country": "FR",
			"shares": 387634,
			"value": 76367206.5,
			"currency": "USD",
			"weight": 0.816,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0011075394",
			"company": "Zurich Insurance Group AG",
			"company_url": "https://titelia.com/en/stocks/zurich-insurance-group-ag-CH0011075394",
			"country": "CH",
			"shares": 99978,
			"value": 76156060.51,
			"currency": "USD",
			"weight": 0.8137,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000120321",
			"company": "L'Oreal SA",
			"company_url": "https://titelia.com/en/stocks/l-oreal-sa-FR0000120321",
			"country": "FR",
			"shares": 162149,
			"value": 72220412.43,
			"currency": "USD",
			"weight": 0.7717,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0005557508",
			"company": "Deutsche Telekom AG",
			"company_url": "https://titelia.com/en/stocks/deutsche-telekom-ag-DE0005557508",
			"country": "DE",
			"shares": 2313634,
			"value": 71401073.79,
			"currency": "USD",
			"weight": 0.7629,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BN7SWP63",
			"company": "GSK PLC",
			"company_url": "https://titelia.com/en/stocks/gsk-plc-GB00BN7SWP63",
			"country": "GB",
			"shares": 2691765,
			"value": 69993594.13,
			"currency": "USD",
			"weight": 0.7479,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0007188757",
			"company": "RIO TINTO PLC",
			"company_url": "https://titelia.com/en/stocks/rio-tinto-plc-GB0007188757",
			"country": "GB",
			"shares": 716685,
			"value": 69640037.47,
			"currency": "USD",
			"weight": 0.7441,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0011821202",
			"company": "ING Groep NV",
			"company_url": "https://titelia.com/en/stocks/ing-groep-nv-NL0011821202",
			"country": "NL",
			"shares": 1925958,
			"value": 67681165.05,
			"currency": "USD",
			"weight": 0.7232,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000120578",
			"company": "Sanofi SA",
			"company_url": "https://titelia.com/en/stocks/sanofi-sa-FR0000120578",
			"country": "FR",
			"shares": 743798,
			"value": 64049697.99,
			"currency": "USD",
			"weight": 0.6844,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0006231004",
			"company": "Infineon Technologies AG",
			"company_url": "https://titelia.com/en/stocks/infineon-technologies-ag-DE0006231004",
			"country": "DE",
			"shares": 874443,
			"value": 62753169.15,
			"currency": "USD",
			"weight": 0.6705,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0031348658",
			"company": "BARCLAYS PLC",
			"company_url": "https://titelia.com/en/stocks/barclays-plc-GB0031348658",
			"country": "GB",
			"shares": 8861271,
			"value": 60908262.8,
			"currency": "USD",
			"weight": 0.6508,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0008706128",
			"company": "LLOYDS BANKING GROUP PLC",
			"company_url": "https://titelia.com/en/stocks/lloyds-banking-group-plc-GB0008706128",
			"country": "GB",
			"shares": 39161803,
			"value": 60529146.53,
			"currency": "USD",
			"weight": 0.6468,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0003128367",
			"company": "Enel SpA",
			"company_url": "https://titelia.com/en/stocks/enel-spa-IT0003128367",
			"country": "IT",
			"shares": 5084939,
			"value": 57426280.36,
			"currency": "USD",
			"weight": 0.6136,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000120628",
			"company": "AXA SA",
			"company_url": "https://titelia.com/en/stocks/axa-sa-FR0000120628",
			"country": "FR",
			"shares": 1095603,
			"value": 56784703.37,
			"currency": "USD",
			"weight": 0.6067,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0974293251",
			"company": "Anheuser-Busch InBev SA/NV",
			"company_url": "https://titelia.com/en/stocks/anheuser-busch-inbev-sa-nv-BE0974293251",
			"country": "BE",
			"shares": 645907,
			"value": 56099598.88,
			"currency": "USD",
			"weight": 0.5994,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0002634946",
			"company": "BAE SYSTEMS PLC",
			"company_url": "https://titelia.com/en/stocks/bae-systems-plc-GB0002634946",
			"country": "GB",
			"shares": 1964579,
			"value": 55615921.74,
			"currency": "USD",
			"weight": 0.5943,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BDR05C01",
			"company": "NATIONAL GRID PLC",
			"company_url": "https://titelia.com/en/stocks/national-grid-plc-GB00BDR05C01",
			"country": "GB",
			"shares": 3327529,
			"value": 53259941.49,
			"currency": "USD",
			"weight": 0.5691,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0015811963",
			"company": "Investor AB",
			"company_url": "https://titelia.com/en/stocks/investor-ab-SE0015811963",
			"country": "SE",
			"shares": 1218004,
			"value": 52615182.24,
			"currency": "USD",
			"weight": 0.5622,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0008430026",
			"company": "Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen",
			"company_url": "https://titelia.com/en/stocks/muenchener-rueckversicherungs-gesellschaft-ag-in-muenchen-DE0008430026",
			"country": "DE",
			"shares": 85820,
			"value": 51552086.31,
			"currency": "USD",
			"weight": 0.5508,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BM8PJY71",
			"company": "NATWEST GROUP PLC",
			"company_url": "https://titelia.com/en/stocks/natwest-group-plc-GB00BM8PJY71",
			"country": "GB",
			"shares": 5385435,
			"value": 50798822.27,
			"currency": "USD",
			"weight": 0.5428,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0148396007",
			"company": "Industria de Diseno Textil SA",
			"company_url": "https://titelia.com/en/stocks/industria-de-diseno-textil-sa-ES0148396007",
			"country": "ES",
			"shares": 743329,
			"value": 48512355.18,
			"currency": "USD",
			"weight": 0.5184,
			"as_of": "2026-07-31"
		},
		{
			"isin": "JE00B4T3BW64",
			"company": "Glencore PLC",
			"company_url": "https://titelia.com/en/stocks/glencore-plc-JE00B4T3BW64",
			"country": "CH",
			"shares": 6361436,
			"value": 46854193.45,
			"currency": "USD",
			"weight": 0.5006,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000125486",
			"company": "Vinci SA",
			"company_url": "https://titelia.com/en/stocks/vinci-sa-FR0000125486",
			"country": "FR",
			"shares": 328293,
			"value": 46352631.56,
			"currency": "USD",
			"weight": 0.4953,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI4000297767",
			"company": "Nordea Bank Abp",
			"company_url": "https://titelia.com/en/stocks/nordea-bank-abp-FI4000297767",
			"country": "FI",
			"shares": 2167093,
			"value": 43770328.95,
			"currency": "USD",
			"weight": 0.4677,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0005140008",
			"company": "Deutsche Bank AG",
			"company_url": "https://titelia.com/en/stocks/deutsche-bank-ag-DE0005140008",
			"country": "DE",
			"shares": 1176377,
			"value": 43297751.58,
			"currency": "USD",
			"weight": 0.4626,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B2B0DG97",
			"company": "RELX PLC",
			"company_url": "https://titelia.com/en/stocks/relx-plc-GB00B2B0DG97",
			"country": "GB",
			"shares": 1190947,
			"value": 41887938.59,
			"currency": "USD",
			"weight": 0.4476,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0005552004",
			"company": "Deutsche Post AG",
			"company_url": "https://titelia.com/en/stocks/deutsche-post-ag-DE0005552004",
			"country": "DE",
			"shares": 617812,
			"value": 41270952.92,
			"currency": "USD",
			"weight": 0.441,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0007030009",
			"company": "Rheinmetall AG",
			"company_url": "https://titelia.com/en/stocks/rheinmetall-ag-DE0007030009",
			"country": "DE",
			"shares": 31213,
			"value": 41261999.15,
			"currency": "USD",
			"weight": 0.4409,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000130809",
			"company": "Societe Generale SA",
			"company_url": "https://titelia.com/en/stocks/societe-generale-sa-FR0000130809",
			"country": "FR",
			"shares": 438728,
			"value": 41238965.79,
			"currency": "USD",
			"weight": 0.4406,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000115446",
			"company": "Volvo AB",
			"company_url": "https://titelia.com/en/stocks/volvo-ab-SE0000115446",
			"country": "SE",
			"shares": 1064389,
			"value": 40714736.45,
			"currency": "USD",
			"weight": 0.435,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000052292",
			"company": "Hermes International SCA",
			"company_url": "https://titelia.com/en/stocks/hermes-international-sca-FR0000052292",
			"country": "FR",
			"shares": 22765,
			"value": 40336715.83,
			"currency": "USD",
			"weight": 0.431,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0010208488",
			"company": "Engie SA",
			"company_url": "https://titelia.com/en/stocks/engie-sa-FR0010208488",
			"country": "FR",
			"shares": 1248219,
			"value": 38908393.71,
			"currency": "USD",
			"weight": 0.4157,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000121667",
			"company": "EssilorLuxottica SA",
			"company_url": "https://titelia.com/en/stocks/essilorluxottica-sa-FR0000121667",
			"country": "FR",
			"shares": 196651,
			"value": 37230353.7,
			"currency": "USD",
			"weight": 0.3978,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0005810055",
			"company": "Deutsche Boerse AG",
			"company_url": "https://titelia.com/en/stocks/deutsche-boerse-ag-DE0005810055",
			"country": "DE",
			"shares": 123234,
			"value": 37120204.07,
			"currency": "USD",
			"weight": 0.3966,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BD6K4575",
			"company": "Compass Group PLC",
			"company_url": "https://titelia.com/en/stocks/compass-group-plc-GB00BD6K4575",
			"country": "GB",
			"shares": 1146167,
			"value": 36397517.64,
			"currency": "USD",
			"weight": 0.3889,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0017486889",
			"company": "Atlas Copco AB",
			"company_url": "https://titelia.com/en/stocks/atlas-copco-ab-SE0017486889",
			"country": "SE",
			"shares": 1697409,
			"value": 35865958.82,
			"currency": "USD",
			"weight": 0.3832,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0010832176",
			"company": "Argenx SE",
			"company_url": "https://titelia.com/en/stocks/argenx-se-NL0010832176",
			"country": "BE",
			"shares": 41717,
			"value": 35730497.66,
			"currency": "USD",
			"weight": 0.3818,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0004082847",
			"company": "STANDARD CHARTERED PLC",
			"company_url": "https://titelia.com/en/stocks/standard-chartered-plc-GB0004082847",
			"country": "GB",
			"shares": 1179211,
			"value": 34866448.85,
			"currency": "USD",
			"weight": 0.3725,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0013654783",
			"company": "Prosus NV",
			"company_url": "https://titelia.com/en/stocks/prosus-nv-NL0013654783",
			"country": "NL",
			"shares": 747886,
			"value": 34756363.85,
			"currency": "USD",
			"weight": 0.3714,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000BASF111",
			"company": "BASF SE",
			"company_url": "https://titelia.com/en/stocks/basf-se-DE000BASF111",
			"country": "DE",
			"shares": 598621,
			"value": 34752123.32,
			"currency": "USD",
			"weight": 0.3713,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0003132476",
			"company": "Eni SpA",
			"company_url": "https://titelia.com/en/stocks/eni-spa-IT0003132476",
			"country": "IT",
			"shares": 1237297,
			"value": 34417504.6,
			"currency": "USD",
			"weight": 0.3678,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0140609019",
			"company": "CaixaBank SA",
			"company_url": "https://titelia.com/en/stocks/caixabank-sa-ES0140609019",
			"country": "ES",
			"shares": 2361988,
			"value": 34311057.51,
			"currency": "USD",
			"weight": 0.3666,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000BAY0017",
			"company": "Bayer AG",
			"company_url": "https://titelia.com/en/stocks/bayer-ag-DE000BAY0017",
			"country": "DE",
			"shares": 614775,
			"value": 34117419.96,
			"currency": "USD",
			"weight": 0.3645,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BTK05J60",
			"company": "Anglo American PLC",
			"company_url": "https://titelia.com/en/stocks/anglo-american-plc-GB00BTK05J60",
			"country": "GB",
			"shares": 669594,
			"value": 33895853.9,
			"currency": "USD",
			"weight": 0.3622,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000120644",
			"company": "Danone SA",
			"company_url": "https://titelia.com/en/stocks/danone-sa-FR0000120644",
			"country": "FR",
			"shares": 430505,
			"value": 33487317.3,
			"currency": "USD",
			"weight": 0.3578,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B0SWJX34",
			"company": "London Stock Exchange Group PLC",
			"company_url": "https://titelia.com/en/stocks/london-stock-exchange-group-plc-GB00B0SWJX34",
			"country": "GB",
			"shares": 295565,
			"value": 33248849.62,
			"currency": "USD",
			"weight": 0.3553,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0011585146",
			"company": "Ferrari NV",
			"company_url": "https://titelia.com/en/stocks/ferrari-nv-NL0011585146",
			"country": "IT",
			"shares": 84328,
			"value": 33157197.37,
			"currency": "USD",
			"weight": 0.3543,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0013841017",
			"company": "Lonza Group AG",
			"company_url": "https://titelia.com/en/stocks/lonza-group-ag-CH0013841017",
			"country": "CH",
			"shares": 47105,
			"value": 32831161.85,
			"currency": "USD",
			"weight": 0.3508,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0002374006",
			"company": "DIAGEO PLC",
			"company_url": "https://titelia.com/en/stocks/diageo-plc-GB0002374006",
			"country": "GB",
			"shares": 1491317,
			"value": 32761750.81,
			"currency": "USD",
			"weight": 0.3501,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009000681",
			"company": "Nokia Oyj",
			"company_url": "https://titelia.com/en/stocks/nokia-oyj-FI0009000681",
			"country": "FI",
			"shares": 3498028,
			"value": 32332035.63,
			"currency": "USD",
			"weight": 0.3455,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000ENAG999",
			"company": "E.ON SE",
			"company_url": "https://titelia.com/en/stocks/e-on-se-DE000ENAG999",
			"country": "DE",
			"shares": 1484689,
			"value": 31985064.06,
			"currency": "USD",
			"weight": 0.3418,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0126881561",
			"company": "Swiss Re AG",
			"company_url": "https://titelia.com/en/stocks/swiss-re-ag-CH0126881561",
			"country": "CH",
			"shares": 190129,
			"value": 31640328.59,
			"currency": "USD",
			"weight": 0.3381,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0012214059",
			"company": "Holcim AG",
			"company_url": "https://titelia.com/en/stocks/holcim-ag-CH0012214059",
			"country": "CH",
			"shares": 334702,
			"value": 30399036.44,
			"currency": "USD",
			"weight": 0.3248,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BSZBP530",
			"company": "Reckitt Benckiser Group PLC",
			"company_url": "https://titelia.com/en/stocks/reckitt-benckiser-group-plc-GB00BSZBP530",
			"country": "GB",
			"shares": 429806,
			"value": 30334582.27,
			"currency": "USD",
			"weight": 0.3241,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0000062072",
			"company": "Generali",
			"company_url": "https://titelia.com/en/stocks/generali-IT0000062072",
			"country": "IT",
			"shares": 587558,
			"value": 29776878.44,
			"currency": "USD",
			"weight": 0.3182,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BMX86B70",
			"company": "Haleon PLC",
			"company_url": "https://titelia.com/en/stocks/haleon-plc-GB00BMX86B70",
			"country": "GB",
			"shares": 5973301,
			"value": 29242656.39,
			"currency": "USD",
			"weight": 0.3125,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0007037129",
			"company": "RWE AG",
			"company_url": "https://titelia.com/en/stocks/rwe-ag-DE0007037129",
			"country": "DE",
			"shares": 435044,
			"value": 28618494.67,
			"currency": "USD",
			"weight": 0.3058,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000125007",
			"company": "Cie de Saint-Gobain SA",
			"company_url": "https://titelia.com/en/stocks/cie-de-saint-gobain-sa-FR0000125007",
			"country": "FR",
			"shares": 301270,
			"value": 28315498.15,
			"currency": "USD",
			"weight": 0.3026,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BLGZ9862",
			"company": "Tesco PLC",
			"company_url": "https://titelia.com/en/stocks/tesco-plc-GB00BLGZ9862",
			"country": "GB",
			"shares": 4262716,
			"value": 28057874.12,
			"currency": "USD",
			"weight": 0.2998,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0060079531",
			"company": "DSV A/S",
			"company_url": "https://titelia.com/en/stocks/dsv-a-s-DK0060079531",
			"country": "DK",
			"shares": 129732,
			"value": 28037811.64,
			"currency": "USD",
			"weight": 0.2996,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0000334118",
			"company": "ASM International NV",
			"company_url": "https://titelia.com/en/stocks/asm-international-nv-NL0000334118",
			"country": "NL",
			"shares": 29534,
			"value": 27352886.08,
			"currency": "USD",
			"weight": 0.2923,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0010307819",
			"company": "Legrand SA",
			"company_url": "https://titelia.com/en/stocks/legrand-sa-FR0010307819",
			"country": "FR",
			"shares": 175066,
			"value": 26615153.98,
			"currency": "USD",
			"weight": 0.2844,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0004176001",
			"company": "Prysmian SpA",
			"company_url": "https://titelia.com/en/stocks/prysmian-spa-IT0004176001",
			"country": "IT",
			"shares": 190818,
			"value": 26331611.72,
			"currency": "USD",
			"weight": 0.2814,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000133308",
			"company": "Orange SA",
			"company_url": "https://titelia.com/en/stocks/orange-sa-FR0000133308",
			"country": "FR",
			"shares": 1373593,
			"value": 26246196.79,
			"currency": "USD",
			"weight": 0.2804,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0007100581",
			"company": "Assa Abloy AB",
			"company_url": "https://titelia.com/en/stocks/assa-abloy-ab-SE0007100581",
			"country": "SE",
			"shares": 706468,
			"value": 26214049.49,
			"currency": "USD",
			"weight": 0.2801,
			"as_of": "2026-07-31"
		},
		{
			"isin": "AT0000652011",
			"company": "Erste Group Bank AG",
			"company_url": "https://titelia.com/en/stocks/erste-group-bank-ag-AT0000652011",
			"country": "AT",
			"shares": 197315,
			"value": 25793645.48,
			"currency": "USD",
			"weight": 0.2756,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0007100000",
			"company": "Mercedes-Benz Group AG",
			"company_url": "https://titelia.com/en/stocks/mercedes-benz-group-ag-DE0007100000",
			"country": "DE",
			"shares": 476215,
			"value": 25748557.8,
			"currency": "USD",
			"weight": 0.2751,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000667891",
			"company": "Sandvik AB",
			"company_url": "https://titelia.com/en/stocks/sandvik-ab-SE0000667891",
			"country": "SE",
			"shares": 687409,
			"value": 25705479.24,
			"currency": "USD",
			"weight": 0.2747,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0007099541",
			"company": "Prudential PLC",
			"company_url": "https://titelia.com/en/stocks/prudential-plc-GB0007099541",
			"country": "GB",
			"shares": 1679153,
			"value": 25235235.56,
			"currency": "USD",
			"weight": 0.2696,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000242455",
			"company": "Swedbank AB",
			"company_url": "https://titelia.com/en/stocks/swedbank-ab-SE0000242455",
			"country": "SE",
			"shares": 626199,
			"value": 25047939.04,
			"currency": "USD",
			"weight": 0.2676,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B1YW4409",
			"company": "3i Group PLC",
			"company_url": "https://titelia.com/en/stocks/3i-group-plc-GB00B1YW4409",
			"country": "GB",
			"shares": 645161,
			"value": 24837271.64,
			"currency": "USD",
			"weight": 0.2654,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0007908733",
			"company": "SSE PLC",
			"company_url": "https://titelia.com/en/stocks/sse-plc-GB0007908733",
			"country": "GB",
			"shares": 782592,
			"value": 24724770.1,
			"currency": "USD",
			"weight": 0.2642,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0010274414",
			"company": "Danske Bank A/S",
			"company_url": "https://titelia.com/en/stocks/danske-bank-a-s-DK0010274414",
			"country": "DK",
			"shares": 423374,
			"value": 24365045.39,
			"currency": "USD",
			"weight": 0.2603,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0418792922",
			"company": "Sika AG",
			"company_url": "https://titelia.com/en/stocks/sika-ag-CH0418792922",
			"country": "CH",
			"shares": 107519,
			"value": 24190768.28,
			"currency": "USD",
			"weight": 0.2585,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0003565737",
			"company": "KBC Group NV",
			"company_url": "https://titelia.com/en/stocks/kbc-group-nv-BE0003565737",
			"country": "BE",
			"shares": 167833,
			"value": 24144245.18,
			"currency": "USD",
			"weight": 0.258,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0000226223",
			"company": "STMicroelectronics NV",
			"company_url": "https://titelia.com/en/stocks/stmicroelectronics-nv-NL0000226223",
			"country": "IT",
			"shares": 429964,
			"value": 22967993.56,
			"currency": "USD",
			"weight": 0.2454,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B19NLV48",
			"company": "Experian PLC",
			"company_url": "https://titelia.com/en/stocks/experian-plc-GB00B19NLV48",
			"country": "GB",
			"shares": 601126,
			"value": 22680312.85,
			"currency": "USD",
			"weight": 0.2423,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0011794037",
			"company": "Koninklijke Ahold Delhaize NV",
			"company_url": "https://titelia.com/en/stocks/koninklijke-ahold-delhaize-nv-NL0011794037",
			"country": "NL",
			"shares": 572304,
			"value": 22675963.01,
			"currency": "USD",
			"weight": 0.2423,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0432492467",
			"company": "Alcon AG",
			"company_url": "https://titelia.com/en/stocks/alcon-ag-CH0432492467",
			"country": "CH",
			"shares": 329865,
			"value": 22654873.66,
			"currency": "USD",
			"weight": 0.2421,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0173516115",
			"company": "Repsol SA",
			"company_url": "https://titelia.com/en/stocks/repsol-sa-ES0173516115",
			"country": "ES",
			"shares": 740641,
			"value": 22605129.09,
			"currency": "USD",
			"weight": 0.2415,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH1243598427",
			"company": "Sandoz Group AG",
			"company_url": "https://titelia.com/en/stocks/sandoz-group-ag-CH1243598427",
			"country": "CH",
			"shares": 277220,
			"value": 22598376.49,
			"currency": "USD",
			"weight": 0.2415,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH1335392721",
			"company": "Galderma Group AG",
			"company_url": "https://titelia.com/en/stocks/galderma-group-ag-CH1335392721",
			"country": "CH",
			"shares": 101900,
			"value": 22174611.85,
			"currency": "USD",
			"weight": 0.2369,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000A1EWWW0",
			"company": "adidas AG",
			"company_url": "https://titelia.com/en/stocks/adidas-ag-DE000A1EWWW0",
			"country": "DE",
			"shares": 119761,
			"value": 22158556,
			"currency": "USD",
			"weight": 0.2368,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0014852781",
			"company": "Swiss Life Holding AG",
			"company_url": "https://titelia.com/en/stocks/swiss-life-holding-ag-CH0014852781",
			"country": "CH",
			"shares": 18670,
			"value": 22030561.3,
			"currency": "USD",
			"weight": 0.2354,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0015001FS8",
			"company": "Ferrovial NV",
			"company_url": "https://titelia.com/en/stocks/ferrovial-nv-NL0015001FS8",
			"country": "NL",
			"shares": 332866,
			"value": 21804727.55,
			"currency": "USD",
			"weight": 0.233,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0010645932",
			"company": "Givaudan SA",
			"company_url": "https://titelia.com/en/stocks/givaudan-sa-CH0010645932",
			"country": "CH",
			"shares": 5434,
			"value": 21718905.82,
			"currency": "USD",
			"weight": 0.2321,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0010096985",
			"company": "Equinor ASA",
			"company_url": "https://titelia.com/en/stocks/equinor-asa-NO0010096985",
			"country": "NO",
			"shares": 525779,
			"value": 21583718.05,
			"currency": "USD",
			"weight": 0.2306,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000148884",
			"company": "Skandinaviska Enskilda Banken AB",
			"company_url": "https://titelia.com/en/stocks/skandinaviska-enskilda-banken-ab-SE0000148884",
			"country": "SE",
			"shares": 889059,
			"value": 20832879.25,
			"currency": "USD",
			"weight": 0.2226,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0003739530",
			"company": "UCB SA",
			"company_url": "https://titelia.com/en/stocks/ucb-sa-BE0003739530",
			"country": "BE",
			"shares": 80673,
			"value": 20707442.79,
			"currency": "USD",
			"weight": 0.2213,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BH4HKS39",
			"company": "Vodafone Group PLC",
			"company_url": "https://titelia.com/en/stocks/vodafone-group-plc-GB00BH4HKS39",
			"country": "GB",
			"shares": 12815788,
			"value": 20338529.02,
			"currency": "USD",
			"weight": 0.2173,
			"as_of": "2026-07-31"
		},
		{
			"isin": "LU1598757687",
			"company": "ArcelorMittal SA",
			"company_url": "https://titelia.com/en/stocks/arcelormittal-sa-LU1598757687",
			"country": "NL",
			"shares": 282442,
			"value": 19950959.67,
			"currency": "USD",
			"weight": 0.2132,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0004544929",
			"company": "IMPERIAL BRANDS PLC",
			"company_url": "https://titelia.com/en/stocks/imperial-brands-plc-GB0004544929",
			"country": "GB",
			"shares": 518179,
			"value": 19665348.38,
			"currency": "USD",
			"weight": 0.2101,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0012969182",
			"company": "Adyen NV",
			"company_url": "https://titelia.com/en/stocks/adyen-nv-NL0012969182",
			"country": "NL",
			"shares": 19131,
			"value": 19460364.76,
			"currency": "USD",
			"weight": 0.2079,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0017486897",
			"company": "Atlas Copco AB",
			"company_url": "https://titelia.com/en/stocks/atlas-copco-ab-SE0017486897",
			"country": "SE",
			"shares": 1046956,
			"value": 19345182.05,
			"currency": "USD",
			"weight": 0.2067,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BPQY8M80",
			"company": "AVIVA PLC",
			"company_url": "https://titelia.com/en/stocks/aviva-plc-GB00BPQY8M80",
			"country": "GB",
			"shares": 2033627,
			"value": 19033128.64,
			"currency": "USD",
			"weight": 0.2034,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000CBK1001",
			"company": "Commerzbank AG",
			"company_url": "https://titelia.com/en/stocks/commerzbank-ag-DE000CBK1001",
			"country": "DE",
			"shares": 432447,
			"value": 18860746.69,
			"currency": "USD",
			"weight": 0.2015,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0167050915",
			"company": "ACS Actividades de Construccion y Servicios SA",
			"company_url": "https://titelia.com/en/stocks/acs-actividades-de-construccion-y-servicios-sa-ES0167050915",
			"country": "ES",
			"shares": 147204,
			"value": 18764233.08,
			"currency": "USD",
			"weight": 0.2005,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI4000552500",
			"company": "Sampo Oyj",
			"company_url": "https://titelia.com/en/stocks/sampo-oyj-FI4000552500",
			"country": "FI",
			"shares": 1670228,
			"value": 18492356.19,
			"currency": "USD",
			"weight": 0.1976,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000121329",
			"company": "Thales SA",
			"company_url": "https://titelia.com/en/stocks/thales-sa-FR0000121329",
			"country": "FR",
			"shares": 64388,
			"value": 18330011.43,
			"currency": "USD",
			"weight": 0.1959,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000108656",
			"company": "Telefonaktiebolaget LM Ericsson",
			"company_url": "https://titelia.com/en/stocks/telefonaktiebolaget-lm-ericsson-SE0000108656",
			"country": "SE",
			"shares": 1843113,
			"value": 18130122.75,
			"currency": "USD",
			"weight": 0.1937,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR001400AJ45",
			"company": "Cie Generale des Etablissements Michelin SCA",
			"company_url": "https://titelia.com/en/stocks/cie-generale-des-etablissements-michelin-sca-FR001400AJ45",
			"country": "FR",
			"shares": 441813,
			"value": 17858294.09,
			"currency": "USD",
			"weight": 0.1908,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0061539921",
			"company": "Vestas Wind Systems A/S",
			"company_url": "https://titelia.com/en/stocks/vestas-wind-systems-a-s-DK0061539921",
			"country": "DK",
			"shares": 660294,
			"value": 17773440.88,
			"currency": "USD",
			"weight": 0.1899,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0005508921",
			"company": "Banca Monte dei Paschi di Siena SpA",
			"company_url": "https://titelia.com/en/stocks/banca-monte-dei-paschi-di-siena-spa-IT0005508921",
			"country": "IT",
			"shares": 1296102,
			"value": 17359197.76,
			"currency": "USD",
			"weight": 0.1855,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PLPKO0000016",
			"company": "Powszechna Kasa Oszczednosci Bank Polski SA",
			"company_url": "https://titelia.com/en/stocks/powszechna-kasa-oszczednosci-bank-polski-sa-PLPKO0000016",
			"country": "PL",
			"shares": 575131,
			"value": 17226833.09,
			"currency": "USD",
			"weight": 0.1841,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0003856405",
			"company": "Leonardo SpA",
			"company_url": "https://titelia.com/en/stocks/leonardo-spa-IT0003856405",
			"country": "IT",
			"shares": 268569,
			"value": 17117125.37,
			"currency": "USD",
			"weight": 0.1829,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0109067019",
			"company": "Amadeus IT Group SA",
			"company_url": "https://titelia.com/en/stocks/amadeus-it-group-sa-ES0109067019",
			"country": "ES",
			"shares": 275500,
			"value": 17003028.82,
			"currency": "USD",
			"weight": 0.1817,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000124141",
			"company": "Veolia Environnement SA",
			"company_url": "https://titelia.com/en/stocks/veolia-environnement-sa-FR0000124141",
			"country": "FR",
			"shares": 420825,
			"value": 16746044.48,
			"currency": "USD",
			"weight": 0.1789,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0000009165",
			"company": "Heineken NV",
			"company_url": "https://titelia.com/en/stocks/heineken-nv-NL0000009165",
			"country": "NL",
			"shares": 183671,
			"value": 16629645.31,
			"currency": "USD",
			"weight": 0.1777,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000045072",
			"company": "Credit Agricole SA",
			"company_url": "https://titelia.com/en/stocks/credit-agricole-sa-FR0000045072",
			"country": "FR",
			"shares": 742864,
			"value": 16599638.12,
			"currency": "USD",
			"weight": 0.1774,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0010773842",
			"company": "NN Group NV",
			"company_url": "https://titelia.com/en/stocks/nn-group-nv-NL0010773842",
			"country": "NL",
			"shares": 175488,
			"value": 16541706.47,
			"currency": "USD",
			"weight": 0.1767,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IE00BF0L3536",
			"company": "AIB Group PLC",
			"company_url": "https://titelia.com/en/stocks/aib-group-plc-IE00BF0L3536",
			"country": "IE",
			"shares": 1388738,
			"value": 16517138.4,
			"currency": "USD",
			"weight": 0.1765,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000DTR0CK8",
			"company": "Daimler Truck Holding AG",
			"company_url": "https://titelia.com/en/stocks/daimler-truck-holding-ag-DE000DTR0CK8",
			"country": "DE",
			"shares": 290165,
			"value": 16411942.36,
			"currency": "USD",
			"weight": 0.1754,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0000066123",
			"company": "BPER Banca SPA",
			"company_url": "https://titelia.com/en/stocks/bper-banca-spa-IT0000066123",
			"country": "IT",
			"shares": 1009218,
			"value": 16399004.69,
			"currency": "USD",
			"weight": 0.1752,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000130577",
			"company": "Publicis Groupe SA",
			"company_url": "https://titelia.com/en/stocks/publicis-groupe-sa-FR0000130577",
			"country": "FR",
			"shares": 152381,
			"value": 16263707.19,
			"currency": "USD",
			"weight": 0.1738,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH1430134226",
			"company": "Amrize Ltd",
			"company_url": "https://titelia.com/en/stocks/amrize-ltd-CH1430134226",
			"country": "CH",
			"shares": 330528,
			"value": 16201549.12,
			"currency": "USD",
			"weight": 0.1731,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0015811955",
			"company": "Investor AB",
			"company_url": "https://titelia.com/en/stocks/investor-ab-SE0015811955",
			"country": "SE",
			"shares": 381331,
			"value": 16181228.53,
			"currency": "USD",
			"weight": 0.1729,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BHJYC057",
			"company": "InterContinental Hotels Group PLC",
			"company_url": "https://titelia.com/en/stocks/intercontinental-hotels-group-plc-GB00BHJYC057",
			"country": "GB",
			"shares": 99792,
			"value": 16137082.03,
			"currency": "USD",
			"weight": 0.1724,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0012853455",
			"company": "EQT AB",
			"company_url": "https://titelia.com/en/stocks/eqt-ab-SE0012853455",
			"country": "SE",
			"shares": 474107,
			"value": 16103414.84,
			"currency": "USD",
			"weight": 0.1721,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH1216478797",
			"company": "DSM-Firmenich AG",
			"company_url": "https://titelia.com/en/stocks/dsm-firmenich-ag-CH1216478797",
			"country": "CH",
			"shares": 149133,
			"value": 16077699.26,
			"currency": "USD",
			"weight": 0.1718,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0006047004",
			"company": "Heidelberg Materials AG",
			"company_url": "https://titelia.com/en/stocks/heidelberg-materials-ag-DE0006047004",
			"country": "DE",
			"shares": 84816,
			"value": 15789773.51,
			"currency": "USD",
			"weight": 0.1687,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0021921269",
			"company": "Saab AB",
			"company_url": "https://titelia.com/en/stocks/saab-ab-SE0021921269",
			"country": "SE",
			"shares": 250898,
			"value": 15765883.23,
			"currency": "USD",
			"weight": 0.1685,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000121485",
			"company": "Kering SA",
			"company_url": "https://titelia.com/en/stocks/kering-sa-FR0000121485",
			"country": "FR",
			"shares": 47193,
			"value": 15577159.27,
			"currency": "USD",
			"weight": 0.1664,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PLPKN0000018",
			"company": "ORLEN SA",
			"company_url": "https://titelia.com/en/stocks/orlen-sa-PLPKN0000018",
			"country": "PL",
			"shares": 390107,
			"value": 15479958.46,
			"currency": "USD",
			"weight": 0.1654,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0032089863",
			"company": "NEXT PLC",
			"company_url": "https://titelia.com/en/stocks/next-plc-GB0032089863",
			"country": "GB",
			"shares": 76377,
			"value": 15295112.55,
			"currency": "USD",
			"weight": 0.1634,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0105046017",
			"company": "Aena SME SA",
			"company_url": "https://titelia.com/en/stocks/aena-sme-sa-ES0105046017",
			"country": "ES",
			"shares": 492982,
			"value": 15197586.25,
			"currency": "USD",
			"weight": 0.1624,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0010161896",
			"company": "DNB Bank ASA",
			"company_url": "https://titelia.com/en/stocks/dnb-bank-asa-NO0010161896",
			"country": "NO",
			"shares": 470573,
			"value": 15151794.73,
			"currency": "USD",
			"weight": 0.1619,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0005603997",
			"company": "Legal & General Group PLC",
			"company_url": "https://titelia.com/en/stocks/legal-general-group-plc-GB0005603997",
			"country": "GB",
			"shares": 3726916,
			"value": 15132598.73,
			"currency": "USD",
			"weight": 0.1617,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0060336014",
			"company": "Novonesis Novozymes B",
			"company_url": "https://titelia.com/en/stocks/novonesis-novozymes-b-DK0060336014",
			"country": "DK",
			"shares": 231888,
			"value": 15096688.68,
			"currency": "USD",
			"weight": 0.1613,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0005190003",
			"company": "Bayerische Motoren Werke AG",
			"company_url": "https://titelia.com/en/stocks/bayerische-motoren-werke-ag-DE0005190003",
			"country": "DE",
			"shares": 217847,
			"value": 14931987.84,
			"currency": "USD",
			"weight": 0.1595,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0005218380",
			"company": "Banco BPM SpA",
			"company_url": "https://titelia.com/en/stocks/banco-bpm-spa-IT0005218380",
			"country": "IT",
			"shares": 807253,
			"value": 14738982.67,
			"currency": "USD",
			"weight": 0.1575,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BDCPN049",
			"company": "COCA-COLA EUROPACIFIC PARTNERS PLC",
			"company_url": "https://titelia.com/en/stocks/coca-cola-europacific-partners-plc-GB00BDCPN049",
			"country": "GB",
			"shares": 134539,
			"value": 14726638.94,
			"currency": "USD",
			"weight": 0.1574,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0030170408",
			"company": "Geberit AG",
			"company_url": "https://titelia.com/en/stocks/geberit-ag-CH0030170408",
			"country": "CH",
			"shares": 22085,
			"value": 14551819.67,
			"currency": "USD",
			"weight": 0.1555,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0006599905",
			"company": "Merck KGaA",
			"company_url": "https://titelia.com/en/stocks/merck-kgaa-DE0006599905",
			"country": "DE",
			"shares": 86690,
			"value": 14327103.92,
			"currency": "USD",
			"weight": 0.1531,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0000009538",
			"company": "Koninklijke Philips NV",
			"company_url": "https://titelia.com/en/stocks/koninklijke-philips-nv-NL0000009538",
			"country": "NL",
			"shares": 540839,
			"value": 14249954.4,
			"currency": "USD",
			"weight": 0.1523,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0007100599",
			"company": "Svenska Handelsbanken AB",
			"company_url": "https://titelia.com/en/stocks/svenska-handelsbanken-ab-SE0007100599",
			"country": "SE",
			"shares": 930087,
			"value": 14221559.11,
			"currency": "USD",
			"weight": 0.152,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000A0D9PT0",
			"company": "MTU Aero Engines AG",
			"company_url": "https://titelia.com/en/stocks/mtu-aero-engines-ag-DE000A0D9PT0",
			"country": "DE",
			"shares": 33812,
			"value": 14176644.23,
			"currency": "USD",
			"weight": 0.1515,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0005785604",
			"company": "Fresenius SE & Co KGaA",
			"company_url": "https://titelia.com/en/stocks/fresenius-se-co-kgaa-DE0005785604",
			"country": "DE",
			"shares": 275778,
			"value": 14174232.59,
			"currency": "USD",
			"weight": 0.1515,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0015961909",
			"company": "Hexagon AB",
			"company_url": "https://titelia.com/en/stocks/hexagon-ab-SE0015961909",
			"country": "SE",
			"shares": 1408898,
			"value": 13906628.39,
			"currency": "USD",
			"weight": 0.1486,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000A1ML7J1",
			"company": "Vonovia SE",
			"company_url": "https://titelia.com/en/stocks/vonovia-se-DE000A1ML7J1",
			"country": "DE",
			"shares": 568832,
			"value": 13800235.97,
			"currency": "USD",
			"weight": 0.1475,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH1256740924",
			"company": "SGS SA",
			"company_url": "https://titelia.com/en/stocks/sgs-sa-CH1256740924",
			"country": "CH",
			"shares": 113685,
			"value": 13471262.44,
			"currency": "USD",
			"weight": 0.1439,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000125338",
			"company": "Capgemini SE",
			"company_url": "https://titelia.com/en/stocks/capgemini-se-FR0000125338",
			"country": "FR",
			"shares": 111873,
			"value": 13297306.31,
			"currency": "USD",
			"weight": 0.1421,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0008742519",
			"company": "Swisscom AG",
			"company_url": "https://titelia.com/en/stocks/swisscom-ag-CH0008742519",
			"country": "CH",
			"shares": 17021,
			"value": 13079720.9,
			"currency": "USD",
			"weight": 0.1398,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009013403",
			"company": "Kone Oyj",
			"company_url": "https://titelia.com/en/stocks/kone-oyj-FI0009013403",
			"country": "FI",
			"shares": 222160,
			"value": 12817956.48,
			"currency": "USD",
			"weight": 0.137,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0177542018",
			"company": "International Consolidated Airlines Group SA",
			"company_url": "https://titelia.com/en/stocks/international-consolidated-airlines-group-sa-ES0177542018",
			"country": "GB",
			"shares": 2130694,
			"value": 12489943.59,
			"currency": "USD",
			"weight": 0.1335,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0178430E18",
			"company": "Telefonica SA",
			"company_url": "https://titelia.com/en/stocks/telefonica-sa-ES0178430E18",
			"country": "ES",
			"shares": 3022139,
			"value": 12477486.81,
			"currency": "USD",
			"weight": 0.1333,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0004052071",
			"company": "Halma PLC",
			"company_url": "https://titelia.com/en/stocks/halma-plc-GB0004052071",
			"country": "GB",
			"shares": 254638,
			"value": 12165881.03,
			"currency": "USD",
			"weight": 0.13,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0009922164",
			"company": "Essity AB",
			"company_url": "https://titelia.com/en/stocks/essity-ab-SE0009922164",
			"country": "SE",
			"shares": 417801,
			"value": 12137409.45,
			"currency": "USD",
			"weight": 0.1297,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0000009082",
			"company": "Koninklijke KPN NV",
			"company_url": "https://titelia.com/en/stocks/koninklijke-kpn-nv-NL0000009082",
			"country": "NL",
			"shares": 2547798,
			"value": 12030297.3,
			"currency": "USD",
			"weight": 0.1285,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0007664039",
			"company": "VOLKSWAGEN AKTIENGESELLSCHAFT",
			"company_url": "https://titelia.com/en/stocks/volkswagen-aktiengesellschaft-DE0007664039",
			"country": "DE",
			"shares": 138295,
			"value": 11951734.04,
			"currency": "USD",
			"weight": 0.1277,
			"as_of": "2026-07-31"
		},
		{
			"isin": "JE00BRX98089",
			"company": "CVC CAPITAL PARTNERS PLC",
			"company_url": "https://titelia.com/en/stocks/cvc-capital-partners-plc-JE00BRX98089",
			"country": "JE",
			"shares": 705572,
			"value": 11846649.19,
			"currency": "USD",
			"weight": 0.1266,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0000395903",
			"company": "Wolters Kluwer NV",
			"company_url": "https://titelia.com/en/stocks/wolters-kluwer-nv-NL0000395903",
			"country": "NL",
			"shares": 150153,
			"value": 11788312.19,
			"currency": "USD",
			"weight": 0.126,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0102484968",
			"company": "Julius Baer Group Ltd",
			"company_url": "https://titelia.com/en/stocks/julius-baer-group-ltd-CH0102484968",
			"country": "CH",
			"shares": 132379,
			"value": 11638841.88,
			"currency": "USD",
			"weight": 0.1244,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0008402215",
			"company": "Hannover Rueck SE",
			"company_url": "https://titelia.com/en/stocks/hannover-rueck-se-DE0008402215",
			"country": "DE",
			"shares": 40280,
			"value": 11610575.22,
			"currency": "USD",
			"weight": 0.1241,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0024608827",
			"company": "Partners Group Holding AG",
			"company_url": "https://titelia.com/en/stocks/partners-group-holding-ag-CH0024608827",
			"country": "CH",
			"shares": 13900,
			"value": 11586054.72,
			"currency": "USD",
			"weight": 0.1238,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0000456144",
			"company": "ANTOFAGASTA PLC",
			"company_url": "https://titelia.com/en/stocks/antofagasta-plc-GB0000456144",
			"country": "GB",
			"shares": 232087,
			"value": 11567399.37,
			"currency": "USD",
			"weight": 0.1236,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000695876",
			"company": "Alfa Laval AB",
			"company_url": "https://titelia.com/en/stocks/alfa-laval-ab-SE0000695876",
			"country": "SE",
			"shares": 195183,
			"value": 11550559.21,
			"currency": "USD",
			"weight": 0.1234,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0105066007",
			"company": "Cellnex Telecom SA",
			"company_url": "https://titelia.com/en/stocks/cellnex-telecom-sa-ES0105066007",
			"country": "ES",
			"shares": 369964,
			"value": 11492584.92,
			"currency": "USD",
			"weight": 0.1228,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0010272202",
			"company": "Genmab A/S",
			"company_url": "https://titelia.com/en/stocks/genmab-a-s-DK0010272202",
			"country": "DK",
			"shares": 39370,
			"value": 11332198.32,
			"currency": "USD",
			"weight": 0.1211,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0000072170",
			"company": "FinecoBank Banca Fineco SpA",
			"company_url": "https://titelia.com/en/stocks/finecobank-banca-fineco-spa-IT0000072170",
			"country": "IT",
			"shares": 409493,
			"value": 11218827.9,
			"currency": "USD",
			"weight": 0.1199,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009003727",
			"company": "Wartsila OYJ Abp",
			"company_url": "https://titelia.com/en/stocks/wartsila-oyj-abp-FI0009003727",
			"country": "FI",
			"shares": 324754,
			"value": 11013158.44,
			"currency": "USD",
			"weight": 0.1177,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0014003TT8",
			"company": "Dassault Systemes SE",
			"company_url": "https://titelia.com/en/stocks/dassault-systemes-se-FR0014003TT8",
			"country": "FR",
			"shares": 470071,
			"value": 10936208.23,
			"currency": "USD",
			"weight": 0.1169,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0974264930",
			"company": "Ageas SA/NV",
			"company_url": "https://titelia.com/en/stocks/ageas-sa-nv-BE0974264930",
			"country": "BE",
			"shares": 131649,
			"value": 10894898.69,
			"currency": "USD",
			"weight": 0.1164,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B5ZN1N88",
			"company": "Segro PLC",
			"company_url": "https://titelia.com/en/stocks/segro-plc-GB00B5ZN1N88",
			"country": "GB",
			"shares": 830567,
			"value": 10849454.71,
			"currency": "USD",
			"weight": 0.1159,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0003242622",
			"company": "Terna - Rete Elettrica Nazionale",
			"company_url": "https://titelia.com/en/stocks/terna-rete-elettrica-nazionale-IT0003242622",
			"country": "IT",
			"shares": 943057,
			"value": 10811330.21,
			"currency": "USD",
			"weight": 0.1155,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0015658109",
			"company": "Epiroc AB",
			"company_url": "https://titelia.com/en/stocks/epiroc-ab-SE0015658109",
			"country": "SE",
			"shares": 417519,
			"value": 10703781.96,
			"currency": "USD",
			"weight": 0.1144,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0005712671",
			"company": "Telecom Italia SpA/Milano",
			"company_url": "https://titelia.com/en/stocks/telecom-italia-spa-milano-IT0005712671",
			"country": "IT",
			"shares": 1236502,
			"value": 10500202.23,
			"currency": "USD",
			"weight": 0.1122,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000SHL1006",
			"company": "Siemens Healthineers AG",
			"company_url": "https://titelia.com/en/stocks/siemens-healthineers-ag-DE000SHL1006",
			"country": "DE",
			"shares": 242513,
			"value": 10327317.53,
			"currency": "USD",
			"weight": 0.1103,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0030913577",
			"company": "BT GROUP PLC",
			"company_url": "https://titelia.com/en/stocks/bt-group-plc-GB0030913577",
			"country": "GB",
			"shares": 3812951,
			"value": 10324097.63,
			"currency": "USD",
			"weight": 0.1103,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000120693",
			"company": "Pernod Ricard SA",
			"company_url": "https://titelia.com/en/stocks/pernod-ricard-sa-FR0000120693",
			"country": "FR",
			"shares": 132047,
			"value": 10290861.68,
			"currency": "USD",
			"weight": 0.11,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0015000IY2",
			"company": "Universal Music Group NV",
			"company_url": "https://titelia.com/en/stocks/universal-music-group-nv-NL0015000IY2",
			"country": "NL",
			"shares": 620285,
			"value": 10234430.09,
			"currency": "USD",
			"weight": 0.1094,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009013296",
			"company": "Neste Oyj",
			"company_url": "https://titelia.com/en/stocks/neste-oyj-FI0009013296",
			"country": "FI",
			"shares": 286997,
			"value": 10170711.13,
			"currency": "USD",
			"weight": 0.1087,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0130670112",
			"company": "Endesa SA",
			"company_url": "https://titelia.com/en/stocks/endesa-sa-ES0130670112",
			"country": "ES",
			"shares": 208179,
			"value": 10137268.42,
			"currency": "USD",
			"weight": 0.1083,
			"as_of": "2026-07-31"
		},
		{
			"isin": "AT0000BAWAG2",
			"company": "BAWAG Group AG",
			"company_url": "https://titelia.com/en/stocks/bawag-group-ag-AT0000BAWAG2",
			"country": "AT",
			"shares": 49821,
			"value": 10103477.63,
			"currency": "USD",
			"weight": 0.108,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009005987",
			"company": "UPM-Kymmene Oyj",
			"company_url": "https://titelia.com/en/stocks/upm-kymmene-oyj-FI0009005987",
			"country": "FI",
			"shares": 353708,
			"value": 9622904.43,
			"currency": "USD",
			"weight": 0.1028,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PTEDP0AM0009",
			"company": "EDP SA",
			"company_url": "https://titelia.com/en/stocks/edp-sa-PTEDP0AM0009",
			"country": "PT",
			"shares": 1863733,
			"value": 9596925.4,
			"currency": "USD",
			"weight": 0.1025,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0020050417",
			"company": "Boliden AB",
			"company_url": "https://titelia.com/en/stocks/boliden-ab-SE0020050417",
			"country": "SE",
			"shares": 190556,
			"value": 9588320.01,
			"currency": "USD",
			"weight": 0.1025,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IE0004927939",
			"company": "Kingspan Group PLC",
			"company_url": "https://titelia.com/en/stocks/kingspan-group-plc-IE0004927939",
			"country": "IE",
			"shares": 102814,
			"value": 9555925.77,
			"currency": "USD",
			"weight": 0.1021,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BMJ6DW54",
			"company": "Informa PLC",
			"company_url": "https://titelia.com/en/stocks/informa-plc-GB00BMJ6DW54",
			"country": "GB",
			"shares": 784989,
			"value": 9403875.66,
			"currency": "USD",
			"weight": 0.1005,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0003153415",
			"company": "Snam SpA",
			"company_url": "https://titelia.com/en/stocks/snam-spa-IT0003153415",
			"country": "IT",
			"shares": 1373973,
			"value": 9316664.57,
			"currency": "USD",
			"weight": 0.0995,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0003796171",
			"company": "Poste Italiane SpA",
			"company_url": "https://titelia.com/en/stocks/poste-italiane-spa-IT0003796171",
			"country": "IT",
			"shares": 307576,
			"value": 9304962.26,
			"currency": "USD",
			"weight": 0.0994,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PLPEKAO00016",
			"company": "Bank Polska Kasa Opieki SA",
			"company_url": "https://titelia.com/en/stocks/bank-polska-kasa-opieki-sa-PLPEKAO00016",
			"country": "PL",
			"shares": 140841,
			"value": 9283509.56,
			"currency": "USD",
			"weight": 0.0992,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B39J2M42",
			"company": "United Utilities Group PLC",
			"company_url": "https://titelia.com/en/stocks/united-utilities-group-plc-GB00B39J2M42",
			"country": "GB",
			"shares": 497988,
			"value": 9274707.37,
			"currency": "USD",
			"weight": 0.0991,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0013536151",
			"company": "Kongsberg Gruppen ASA",
			"company_url": "https://titelia.com/en/stocks/kongsberg-gruppen-asa-NO0013536151",
			"country": "NO",
			"shares": 293184,
			"value": 9162870.04,
			"currency": "USD",
			"weight": 0.0979,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0010181759",
			"company": "Carlsberg AS",
			"company_url": "https://titelia.com/en/stocks/carlsberg-as-DK0010181759",
			"country": "DK",
			"shares": 61939,
			"value": 9120814.14,
			"currency": "USD",
			"weight": 0.0975,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0198251305",
			"company": "Coca-Cola HBC AG",
			"company_url": "https://titelia.com/en/stocks/coca-cola-hbc-ag-CH0198251305",
			"country": "GB",
			"shares": 135244,
			"value": 9119475.4,
			"currency": "USD",
			"weight": 0.0974,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IE0004906560",
			"company": "Kerry Group PLC",
			"company_url": "https://titelia.com/en/stocks/kerry-group-plc-IE0004906560",
			"country": "IE",
			"shares": 94761,
			"value": 9046798.48,
			"currency": "USD",
			"weight": 0.0967,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0006048432",
			"company": "Henkel AG & Co. KGaA",
			"company_url": "https://titelia.com/en/stocks/henkel-ag-co-kgaa-DE0006048432",
			"country": "DE",
			"shares": 102897,
			"value": 8970427.22,
			"currency": "USD",
			"weight": 0.0958,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0009223206",
			"company": "Smith & Nephew PLC",
			"company_url": "https://titelia.com/en/stocks/smith-nephew-plc-GB0009223206",
			"country": "GB",
			"shares": 571981,
			"value": 8947477.35,
			"currency": "USD",
			"weight": 0.0956,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH1175448666",
			"company": "Straumann Holding AG",
			"company_url": "https://titelia.com/en/stocks/straumann-holding-ag-CH1175448666",
			"country": "CH",
			"shares": 72136,
			"value": 8933343.22,
			"currency": "USD",
			"weight": 0.0955,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009014575",
			"company": "Metso Oyj",
			"company_url": "https://titelia.com/en/stocks/metso-oyj-FI0009014575",
			"country": "FI",
			"shares": 471114,
			"value": 8818418.96,
			"currency": "USD",
			"weight": 0.0942,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0012032113",
			"company": "Roche Holding AG",
			"company_url": "https://titelia.com/en/stocks/roche-holding-ag-CH0012032113",
			"country": "CH",
			"shares": 19460,
			"value": 8626535.88,
			"currency": "USD",
			"weight": 0.0922,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0010570759",
			"company": "Chocoladefabriken Lindt & Spruengli AG",
			"company_url": "https://titelia.com/en/stocks/chocoladefabriken-lindt-spruengli-ag-CH0010570759",
			"country": "CH",
			"shares": 72,
			"value": 8478043.9,
			"currency": "USD",
			"weight": 0.0906,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0024638196",
			"company": "Schindler Holding AG",
			"company_url": "https://titelia.com/en/stocks/schindler-holding-ag-CH0024638196",
			"country": "CH",
			"shares": 26764,
			"value": 8424775.67,
			"currency": "USD",
			"weight": 0.09,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0031638363",
			"company": "Intertek Group PLC",
			"company_url": "https://titelia.com/en/stocks/intertek-group-plc-GB0031638363",
			"country": "GB",
			"shares": 102960,
			"value": 8132110.93,
			"currency": "USD",
			"weight": 0.0869,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B8C3BL03",
			"company": "Sage Group PLC/The",
			"company_url": "https://titelia.com/en/stocks/sage-group-plc-the-GB00B8C3BL03",
			"country": "GB",
			"shares": 612660,
			"value": 8070549,
			"currency": "USD",
			"weight": 0.0862,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0025238863",
			"company": "Kuehne + Nagel International AG",
			"company_url": "https://titelia.com/en/stocks/kuehne-nagel-international-ag-CH0025238863",
			"country": "CH",
			"shares": 31498,
			"value": 8021337.88,
			"currency": "USD",
			"weight": 0.0857,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0004965148",
			"company": "Moncler SpA",
			"company_url": "https://titelia.com/en/stocks/moncler-spa-IT0004965148",
			"country": "IT",
			"shares": 139512,
			"value": 7935272.25,
			"currency": "USD",
			"weight": 0.0848,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0005052605",
			"company": "Norsk Hydro ASA",
			"company_url": "https://titelia.com/en/stocks/norsk-hydro-asa-NO0005052605",
			"country": "NO",
			"shares": 859650,
			"value": 7929436.65,
			"currency": "USD",
			"weight": 0.0847,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B02J6398",
			"company": "ADMIRAL GROUP PLC",
			"company_url": "https://titelia.com/en/stocks/admiral-group-plc-GB00B02J6398",
			"country": "GB",
			"shares": 154662,
			"value": 7840201.61,
			"currency": "USD",
			"weight": 0.0838,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B0744B38",
			"company": "Bunzl PLC",
			"company_url": "https://titelia.com/en/stocks/bunzl-plc-GB00B0744B38",
			"country": "GB",
			"shares": 206689,
			"value": 7799849.14,
			"currency": "USD",
			"weight": 0.0833,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B082RF11",
			"company": "Rentokil Initial PLC",
			"company_url": "https://titelia.com/en/stocks/rentokil-initial-plc-GB00B082RF11",
			"country": "GB",
			"shares": 1691904,
			"value": 7791653.83,
			"currency": "USD",
			"weight": 0.0833,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL00150001Q9",
			"company": "Stellantis NV",
			"company_url": "https://titelia.com/en/stocks/stellantis-nv-NL00150001Q9",
			"country": "NL",
			"shares": 1347269,
			"value": 7756993.14,
			"currency": "USD",
			"weight": 0.0829,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000108227",
			"company": "SKF AB",
			"company_url": "https://titelia.com/en/stocks/skf-ab-SE0000108227",
			"country": "SE",
			"shares": 285719,
			"value": 7733628.68,
			"currency": "USD",
			"weight": 0.0826,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000120503",
			"company": "Bouygues SA",
			"company_url": "https://titelia.com/en/stocks/bouygues-sa-FR0000120503",
			"country": "FR",
			"shares": 135524,
			"value": 7634041.2,
			"currency": "USD",
			"weight": 0.0816,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PLKGHM000017",
			"company": "KGHM Polska Miedz SA",
			"company_url": "https://titelia.com/en/stocks/kghm-polska-miedz-sa-PLKGHM000017",
			"country": "PL",
			"shares": 91491,
			"value": 7584090.42,
			"currency": "USD",
			"weight": 0.081,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0010570767",
			"company": "Chocoladefabriken Lindt & Spruengli AG",
			"company_url": "https://titelia.com/en/stocks/chocoladefabriken-lindt-spruengli-ag-CH0010570767",
			"country": "CH",
			"shares": 649,
			"value": 7490807.41,
			"currency": "USD",
			"weight": 0.08,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0010345853",
			"company": "Aker BP ASA",
			"company_url": "https://titelia.com/en/stocks/aker-bp-asa-NO0010345853",
			"country": "NO",
			"shares": 205780,
			"value": 7336962.43,
			"currency": "USD",
			"weight": 0.0784,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PLPZU0000011",
			"company": "Powszechny Zaklad Ubezpieczen SA",
			"company_url": "https://titelia.com/en/stocks/powszechny-zaklad-ubezpieczen-sa-PLPZU0000011",
			"country": "PL",
			"shares": 381094,
			"value": 7257413.48,
			"currency": "USD",
			"weight": 0.0775,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B1WY2338",
			"company": "Smiths Group PLC",
			"company_url": "https://titelia.com/en/stocks/smiths-group-plc-GB00B1WY2338",
			"country": "GB",
			"shares": 202713,
			"value": 7238799.97,
			"currency": "USD",
			"weight": 0.0773,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0000008977",
			"company": "Heineken Holding NV",
			"company_url": "https://titelia.com/en/stocks/heineken-holding-nv-NL0000008977",
			"country": "NL",
			"shares": 85763,
			"value": 7214897.61,
			"currency": "USD",
			"weight": 0.0771,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000667925",
			"company": "Telia Co AB",
			"company_url": "https://titelia.com/en/stocks/telia-co-ab-SE0000667925",
			"country": "SE",
			"shares": 1553458,
			"value": 7199047.32,
			"currency": "USD",
			"weight": 0.0769,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B1FH8J72",
			"company": "SEVERN TRENT PLC",
			"company_url": "https://titelia.com/en/stocks/severn-trent-plc-GB00B1FH8J72",
			"country": "GB",
			"shares": 177329,
			"value": 7191393.26,
			"currency": "USD",
			"weight": 0.0768,
			"as_of": "2026-07-31"
		},
		{
			"isin": "LU2237380790",
			"company": "Allegro.eu SA",
			"company_url": "https://titelia.com/en/stocks/allegro-eu-sa-LU2237380790",
			"country": "PL",
			"shares": 591231,
			"value": 7122070.87,
			"currency": "USD",
			"weight": 0.0761,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0006174348",
			"company": "Bureau Veritas SA",
			"company_url": "https://titelia.com/en/stocks/bureau-veritas-sa-FR0006174348",
			"country": "FR",
			"shares": 221312,
			"value": 7079783.43,
			"currency": "USD",
			"weight": 0.0756,
			"as_of": "2026-07-31"
		},
		{
			"isin": "AT0000743059",
			"company": "OMV AG",
			"company_url": "https://titelia.com/en/stocks/omv-ag-AT0000743059",
			"country": "AT",
			"shares": 95655,
			"value": 6994792.82,
			"currency": "USD",
			"weight": 0.0747,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0060094928",
			"company": "Orsted AS",
			"company_url": "https://titelia.com/en/stocks/orsted-as-DK0060094928",
			"country": "DK",
			"shares": 308370,
			"value": 6875222.42,
			"currency": "USD",
			"weight": 0.0735,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PTGAL0AM0009",
			"company": "Galp Energia SGPS SA",
			"company_url": "https://titelia.com/en/stocks/galp-energia-sgps-sa-PTGAL0AM0009",
			"country": "PT",
			"shares": 302033,
			"value": 6859353.53,
			"currency": "USD",
			"weight": 0.0733,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009014377",
			"company": "Orion Oyj",
			"company_url": "https://titelia.com/en/stocks/orion-oyj-FI0009014377",
			"country": "FI",
			"shares": 73267,
			"value": 6849525.98,
			"currency": "USD",
			"weight": 0.0732,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0006776081",
			"company": "PEARSON PLC",
			"company_url": "https://titelia.com/en/stocks/pearson-plc-GB0006776081",
			"country": "GB",
			"shares": 405508,
			"value": 6842805.03,
			"currency": "USD",
			"weight": 0.0731,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009007132",
			"company": "Fortum Oyj",
			"company_url": "https://titelia.com/en/stocks/fortum-oyj-FI0009007132",
			"country": "FI",
			"shares": 293095,
			"value": 6663152.11,
			"currency": "USD",
			"weight": 0.0712,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000107203",
			"company": "Industrivarden AB",
			"company_url": "https://titelia.com/en/stocks/industrivarden-ab-SE0000107203",
			"country": "SE",
			"shares": 115909,
			"value": 6632752.25,
			"currency": "USD",
			"weight": 0.0709,
			"as_of": "2026-07-31"
		},
		{
			"isin": "US09075V1026",
			"company": "BioNTech SE",
			"company_url": "https://titelia.com/en/stocks/biontech-se-US09075V1026",
			"country": "DE",
			"shares": 72970,
			"value": 6609622.6,
			"currency": "USD",
			"weight": 0.0706,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0012673267",
			"company": "Evolution AB",
			"company_url": "https://titelia.com/en/stocks/evolution-ab-SE0012673267",
			"country": "SE",
			"shares": 86316,
			"value": 6587747.79,
			"currency": "USD",
			"weight": 0.0704,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BKFB1C65",
			"company": "M&G PLC",
			"company_url": "https://titelia.com/en/stocks/m-g-plc-GB00BKFB1C65",
			"country": "GB",
			"shares": 1335107,
			"value": 6449506.98,
			"currency": "USD",
			"weight": 0.0689,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0005190238",
			"company": "Tele2 AB",
			"company_url": "https://titelia.com/en/stocks/tele2-ab-SE0005190238",
			"country": "SE",
			"shares": 370848,
			"value": 6424601.43,
			"currency": "USD",
			"weight": 0.0686,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0060448595",
			"company": "Coloplast A/S",
			"company_url": "https://titelia.com/en/stocks/coloplast-a-s-DK0060448595",
			"country": "DK",
			"shares": 96613,
			"value": 6388995.1,
			"currency": "USD",
			"weight": 0.0683,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B033F229",
			"company": "CENTRICA PLC",
			"company_url": "https://titelia.com/en/stocks/centrica-plc-GB00B033F229",
			"country": "GB",
			"shares": 3037613,
			"value": 6345611.52,
			"currency": "USD",
			"weight": 0.0678,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0003054108",
			"company": "Mowi ASA",
			"company_url": "https://titelia.com/en/stocks/mowi-asa-NO0003054108",
			"country": "NO",
			"shares": 296010,
			"value": 6339122.68,
			"currency": "USD",
			"weight": 0.0677,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BGXQNP29",
			"company": "STANDARD LIFE PLC",
			"company_url": "https://titelia.com/en/stocks/standard-life-plc-GB00BGXQNP29",
			"country": "GB",
			"shares": 502468,
			"value": 6261408.48,
			"currency": "USD",
			"weight": 0.0669,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0009465807",
			"company": "Weir Group PLC/The",
			"company_url": "https://titelia.com/en/stocks/weir-group-plc-the-GB0009465807",
			"country": "GB",
			"shares": 173958,
			"value": 6206355.16,
			"currency": "USD",
			"weight": 0.0663,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000113250",
			"company": "Skanska AB",
			"company_url": "https://titelia.com/en/stocks/skanska-ab-SE0000113250",
			"country": "SE",
			"shares": 219351,
			"value": 6155047.03,
			"currency": "USD",
			"weight": 0.0658,
			"as_of": "2026-07-31"
		},
		{
			"isin": "LU2598331598",
			"company": "Tenaris SA",
			"company_url": "https://titelia.com/en/stocks/tenaris-sa-LU2598331598",
			"country": "LU",
			"shares": 212640,
			"value": 6100563.38,
			"currency": "USD",
			"weight": 0.0652,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0005439004",
			"company": "Continental AG",
			"company_url": "https://titelia.com/en/stocks/continental-ag-DE0005439004",
			"country": "DE",
			"shares": 72446,
			"value": 6024847.33,
			"currency": "USD",
			"weight": 0.0644,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0010063308",
			"company": "Telenor ASA",
			"company_url": "https://titelia.com/en/stocks/telenor-asa-NO0010063308",
			"country": "NO",
			"shares": 417087,
			"value": 5888287.06,
			"currency": "USD",
			"weight": 0.0629,
			"as_of": "2026-07-31"
		},
		{
			"isin": "AT0000606306",
			"company": "Raiffeisen Bank International AG",
			"company_url": "https://titelia.com/en/stocks/raiffeisen-bank-international-ag-AT0000606306",
			"country": "AT",
			"shares": 85246,
			"value": 5852872.66,
			"currency": "USD",
			"weight": 0.0625,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0003053605",
			"company": "Storebrand ASA",
			"company_url": "https://titelia.com/en/stocks/storebrand-asa-NO0003053605",
			"country": "NO",
			"shares": 270772,
			"value": 5763473.41,
			"currency": "USD",
			"weight": 0.0616,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0015658117",
			"company": "Epiroc AB",
			"company_url": "https://titelia.com/en/stocks/epiroc-ab-SE0015658117",
			"country": "SE",
			"shares": 261580,
			"value": 5735297.6,
			"currency": "USD",
			"weight": 0.0613,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000163594",
			"company": "Securitas AB",
			"company_url": "https://titelia.com/en/stocks/securitas-ab-SE0000163594",
			"country": "SE",
			"shares": 356324,
			"value": 5724118.91,
			"currency": "USD",
			"weight": 0.0612,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000114837",
			"company": "Trelleborg AB",
			"company_url": "https://titelia.com/en/stocks/trelleborg-ab-SE0000114837",
			"country": "SE",
			"shares": 126329,
			"value": 5615838.75,
			"currency": "USD",
			"weight": 0.06,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B019KW72",
			"company": "J Sainsbury PLC",
			"company_url": "https://titelia.com/en/stocks/j-sainsbury-plc-GB00B019KW72",
			"country": "GB",
			"shares": 1159867,
			"value": 5593239.76,
			"currency": "USD",
			"weight": 0.0598,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000872095",
			"company": "Swedish Orphan Biovitrum AB",
			"company_url": "https://titelia.com/en/stocks/swedish-orphan-biovitrum-ab-SE0000872095",
			"country": "SE",
			"shares": 111726,
			"value": 5536721.34,
			"currency": "USD",
			"weight": 0.0592,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000106270",
			"company": "H & M Hennes & Mauritz AB",
			"company_url": "https://titelia.com/en/stocks/h-m-hennes-mauritz-ab-SE0000106270",
			"country": "SE",
			"shares": 297931,
			"value": 5456230.74,
			"currency": "USD",
			"weight": 0.0583,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0003733800",
			"company": "Orkla ASA",
			"company_url": "https://titelia.com/en/stocks/orkla-asa-NO0003733800",
			"country": "NO",
			"shares": 490527,
			"value": 5448746.13,
			"currency": "USD",
			"weight": 0.0582,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000TLX1005",
			"company": "Talanx AG",
			"company_url": "https://titelia.com/en/stocks/talanx-ag-DE000TLX1005",
			"country": "DE",
			"shares": 40354,
			"value": 5363637.3,
			"currency": "USD",
			"weight": 0.0573,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0006048408",
			"company": "Henkel AG & Co KGaA",
			"company_url": "https://titelia.com/en/stocks/henkel-ag-co-kgaa-DE0006048408",
			"country": "DE",
			"shares": 63797,
			"value": 5227544.04,
			"currency": "USD",
			"weight": 0.0559,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0010244508",
			"company": "AP Moller - Maersk A/S",
			"company_url": "https://titelia.com/en/stocks/ap-moller-maersk-a-s-DK0010244508",
			"country": "DK",
			"shares": 1941,
			"value": 5211833.54,
			"currency": "USD",
			"weight": 0.0557,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB0006731235",
			"company": "ASSOCIATED BRITISH FOODS PLC",
			"company_url": "https://titelia.com/en/stocks/associated-british-foods-plc-GB0006731235",
			"country": "GB",
			"shares": 185403,
			"value": 5208806.34,
			"currency": "USD",
			"weight": 0.0557,
			"as_of": "2026-07-31"
		},
		{
			"isin": "JE00BQKY0816",
			"company": "Wise Group PLC",
			"company_url": "https://titelia.com/en/stocks/wise-group-plc-JE00BQKY0816",
			"country": "GB",
			"shares": 434234,
			"value": 5186481.19,
			"currency": "USD",
			"weight": 0.0554,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0015949201",
			"company": "Lifco AB",
			"company_url": "https://titelia.com/en/stocks/lifco-ab-SE0015949201",
			"country": "SE",
			"shares": 151523,
			"value": 5160583.22,
			"currency": "USD",
			"weight": 0.0551,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0006070006",
			"company": "HOCHTIEF AG",
			"company_url": "https://titelia.com/en/stocks/hochtief-ag-DE0006070006",
			"country": "DE",
			"shares": 10034,
			"value": 5142670.53,
			"currency": "USD",
			"weight": 0.0549,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0010208051",
			"company": "Yara International ASA",
			"company_url": "https://titelia.com/en/stocks/yara-international-asa-NO0010208051",
			"country": "NO",
			"shares": 108999,
			"value": 5141679.33,
			"currency": "USD",
			"weight": 0.0549,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PLBZ00000044",
			"company": "Erste Bank Polska SA",
			"company_url": "https://titelia.com/en/stocks/erste-bank-polska-sa-PLBZ00000044",
			"country": "PL",
			"shares": 25909,
			"value": 5108106.02,
			"currency": "USD",
			"weight": 0.0546,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0005200000",
			"company": "Beiersdorf AG",
			"company_url": "https://titelia.com/en/stocks/beiersdorf-ag-DE0005200000",
			"country": "DE",
			"shares": 54085,
			"value": 5024013.9,
			"currency": "USD",
			"weight": 0.0537,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PLLPP0000011",
			"company": "LPP SA",
			"company_url": "https://titelia.com/en/stocks/lpp-sa-PLLPP0000011",
			"country": "PL",
			"shares": 849,
			"value": 4938528.77,
			"currency": "USD",
			"weight": 0.0528,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BYT1DJ19",
			"company": "ICG PLC",
			"company_url": "https://titelia.com/en/stocks/icg-plc-GB00BYT1DJ19",
			"country": "GB",
			"shares": 191546,
			"value": 4890539.64,
			"currency": "USD",
			"weight": 0.0523,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000115420",
			"company": "Volvo AB",
			"company_url": "https://titelia.com/en/stocks/volvo-ab-SE0000115420",
			"country": "SE",
			"shares": 127154,
			"value": 4874412.57,
			"currency": "USD",
			"weight": 0.0521,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0060636678",
			"company": "Tryg A/S",
			"company_url": "https://titelia.com/en/stocks/tryg-a-s-DK0060636678",
			"country": "DK",
			"shares": 203831,
			"value": 4850689.54,
			"currency": "USD",
			"weight": 0.0518,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BNGDN821",
			"company": "Melrose Industries PLC",
			"company_url": "https://titelia.com/en/stocks/melrose-industries-plc-GB00BNGDN821",
			"country": "GB",
			"shares": 779998,
			"value": 4797986.41,
			"currency": "USD",
			"weight": 0.0513,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0003822393",
			"company": "Elia Group SA/NV",
			"company_url": "https://titelia.com/en/stocks/elia-group-sa-nv-BE0003822393",
			"country": "BE",
			"shares": 33273,
			"value": 4767513.93,
			"currency": "USD",
			"weight": 0.0509,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0004125920",
			"company": "Amundi SA",
			"company_url": "https://titelia.com/en/stocks/amundi-sa-FR0004125920",
			"country": "FR",
			"shares": 43230,
			"value": 4723724.71,
			"currency": "USD",
			"weight": 0.0505,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0003797140",
			"company": "Groupe Bruxelles Lambert NV",
			"company_url": "https://titelia.com/en/stocks/groupe-bruxelles-lambert-nv-BE0003797140",
			"country": "BE",
			"shares": 51504,
			"value": 4645499.05,
			"currency": "USD",
			"weight": 0.0496,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0016440353",
			"company": "EMS-Chemie Holding AG",
			"company_url": "https://titelia.com/en/stocks/ems-chemie-holding-ag-CH0016440353",
			"country": "CH",
			"shares": 4566,
			"value": 4623708.54,
			"currency": "USD",
			"weight": 0.0494,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0012059018",
			"company": "EXOR NV",
			"company_url": "https://titelia.com/en/stocks/exor-nv-NL0012059018",
			"country": "NL",
			"shares": 57568,
			"value": 4610092.03,
			"currency": "USD",
			"weight": 0.0493,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BMG455841020",
			"company": "HAL Trust",
			"company_url": "https://titelia.com/en/stocks/hal-trust-BMG455841020",
			"country": "BM",
			"shares": 23995,
			"value": 4570510.86,
			"currency": "USD",
			"weight": 0.0488,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0003764785",
			"company": "Ackermans & van Haaren NV",
			"company_url": "https://titelia.com/en/stocks/ackermans-van-haaren-nv-BE0003764785",
			"country": "BE",
			"shares": 14676,
			"value": 4554817.34,
			"currency": "USD",
			"weight": 0.0487,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009005961",
			"company": "Stora Enso Oyj",
			"company_url": "https://titelia.com/en/stocks/stora-enso-oyj-FI0009005961",
			"country": "FI",
			"shares": 395980,
			"value": 4553598.06,
			"currency": "USD",
			"weight": 0.0487,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009000202",
			"company": "Kesko Oyj",
			"company_url": "https://titelia.com/en/stocks/kesko-oyj-FI0009000202",
			"country": "FI",
			"shares": 181115,
			"value": 4512902.22,
			"currency": "USD",
			"weight": 0.0482,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0001515552",
			"company": "Indutrade AB",
			"company_url": "https://titelia.com/en/stocks/indutrade-ab-SE0001515552",
			"country": "SE",
			"shares": 179369,
			"value": 4503431.96,
			"currency": "USD",
			"weight": 0.0481,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BWFGQN14",
			"company": "SPIRAX GROUP PLC",
			"company_url": "https://titelia.com/en/stocks/spirax-group-plc-GB00BWFGQN14",
			"country": "GB",
			"shares": 47986,
			"value": 4499021.57,
			"currency": "USD",
			"weight": 0.0481,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0015988019",
			"company": "Nibe Industrier AB",
			"company_url": "https://titelia.com/en/stocks/nibe-industrier-ab-SE0015988019",
			"country": "SE",
			"shares": 1100239,
			"value": 4410344.94,
			"currency": "USD",
			"weight": 0.0471,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DK0010244425",
			"company": "AP Moller - Maersk A/S",
			"company_url": "https://titelia.com/en/stocks/ap-moller-maersk-a-s-DK0010244425",
			"country": "DK",
			"shares": 1691,
			"value": 4408809.01,
			"currency": "USD",
			"weight": 0.0471,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0003828271",
			"company": "Recordati Industria Chimica e Farmaceutica SpA",
			"company_url": "https://titelia.com/en/stocks/recordati-industria-chimica-e-farmaceutica-spa-IT0003828271",
			"country": "IT",
			"shares": 71639,
			"value": 4267465.76,
			"currency": "USD",
			"weight": 0.0456,
			"as_of": "2026-07-31"
		},
		{
			"isin": "CH0024638212",
			"company": "Schindler Holding AG",
			"company_url": "https://titelia.com/en/stocks/schindler-holding-ag-CH0024638212",
			"country": "CH",
			"shares": 13881,
			"value": 4245837.39,
			"currency": "USD",
			"weight": 0.0454,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE0007165631",
			"company": "Sartorius AG",
			"company_url": "https://titelia.com/en/stocks/sartorius-ag-DE0007165631",
			"country": "DE",
			"shares": 16807,
			"value": 4235933.68,
			"currency": "USD",
			"weight": 0.0453,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000190126",
			"company": "Industrivarden AB",
			"company_url": "https://titelia.com/en/stocks/industrivarden-ab-SE0000190126",
			"country": "SE",
			"shares": 73326,
			"value": 4228203.04,
			"currency": "USD",
			"weight": 0.0452,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BP9LHF23",
			"company": "Schroders PLC",
			"company_url": "https://titelia.com/en/stocks/schroders-plc-GB00BP9LHF23",
			"country": "GB",
			"shares": 527274,
			"value": 4182348.5,
			"currency": "USD",
			"weight": 0.0447,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0014004L86",
			"company": "Dassault Aviation SA",
			"company_url": "https://titelia.com/en/stocks/dassault-aviation-sa-FR0014004L86",
			"country": "FR",
			"shares": 12065,
			"value": 4167853.77,
			"currency": "USD",
			"weight": 0.0445,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B2QPKJ12",
			"company": "Fresnillo PLC",
			"company_url": "https://titelia.com/en/stocks/fresnillo-plc-GB00B2QPKJ12",
			"country": "GB",
			"shares": 123556,
			"value": 4162098.45,
			"currency": "USD",
			"weight": 0.0445,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0974464977",
			"company": "Syensqo SA",
			"company_url": "https://titelia.com/en/stocks/syensqo-sa-BE0974464977",
			"country": "BE",
			"shares": 46722,
			"value": 4156259.56,
			"currency": "USD",
			"weight": 0.0444,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000120669",
			"company": "SSAB AB",
			"company_url": "https://titelia.com/en/stocks/ssab-ab-SE0000120669",
			"country": "SE",
			"shares": 391484,
			"value": 4123439.73,
			"currency": "USD",
			"weight": 0.0441,
			"as_of": "2026-07-31"
		},
		{
			"isin": "AT0000730007",
			"company": "ANDRITZ AG",
			"company_url": "https://titelia.com/en/stocks/andritz-ag-AT0000730007",
			"country": "AT",
			"shares": 43505,
			"value": 4098074.5,
			"currency": "USD",
			"weight": 0.0438,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0015192067",
			"company": "Nordnet AB publ",
			"company_url": "https://titelia.com/en/stocks/nordnet-ab-publ-SE0015192067",
			"country": "SE",
			"shares": 105462,
			"value": 4040162,
			"currency": "USD",
			"weight": 0.0432,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0015949748",
			"company": "Beijer Ref AB",
			"company_url": "https://titelia.com/en/stocks/beijer-ref-ab-SE0015949748",
			"country": "SE",
			"shares": 269337,
			"value": 3800966.86,
			"currency": "USD",
			"weight": 0.0406,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0010582521",
			"company": "Gjensidige Forsikring ASA",
			"company_url": "https://titelia.com/en/stocks/gjensidige-forsikring-asa-NO0010582521",
			"country": "NO",
			"shares": 126409,
			"value": 3770898.34,
			"currency": "USD",
			"weight": 0.0403,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0004776628",
			"company": "BANCA MEDIOLANUM SPA",
			"company_url": "https://titelia.com/en/stocks/banca-mediolanum-spa-IT0004776628",
			"country": "IT",
			"shares": 139180,
			"value": 3729323.16,
			"currency": "USD",
			"weight": 0.0398,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009007884",
			"company": "Elisa Oyj",
			"company_url": "https://titelia.com/en/stocks/elisa-oyj-FI0009007884",
			"country": "FI",
			"shares": 92409,
			"value": 3726744.91,
			"currency": "USD",
			"weight": 0.0398,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PTJMT0AE0001",
			"company": "Jeronimo Martins SGPS SA",
			"company_url": "https://titelia.com/en/stocks/jeronimo-martins-sgps-sa-PTJMT0AE0001",
			"country": "PT",
			"shares": 184615,
			"value": 3702435.69,
			"currency": "USD",
			"weight": 0.0396,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000112724",
			"company": "Svenska Cellulosa AB SCA",
			"company_url": "https://titelia.com/en/stocks/svenska-cellulosa-ab-sca-SE0000112724",
			"country": "SE",
			"shares": 324673,
			"value": 3691256.04,
			"currency": "USD",
			"weight": 0.0394,
			"as_of": "2026-07-31"
		},
		{
			"isin": "DE000PAG9113",
			"company": "Dr. Ing. h.c. F. Porsche Aktiengesellschaft",
			"company_url": "https://titelia.com/en/stocks/dr-ing-h-c-f-porsche-aktiengesellschaft-DE000PAG9113",
			"country": "DE",
			"shares": 73928,
			"value": 3619249.02,
			"currency": "USD",
			"weight": 0.0387,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0013154002",
			"company": "Sartorius Stedim Biotech",
			"company_url": "https://titelia.com/en/stocks/sartorius-stedim-biotech-FR0013154002",
			"country": "FR",
			"shares": 18600,
			"value": 3596125.85,
			"currency": "USD",
			"weight": 0.0384,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0003604155",
			"company": "Lotus Bakeries NV",
			"company_url": "https://titelia.com/en/stocks/lotus-bakeries-nv-BE0003604155",
			"country": "BE",
			"shares": 269,
			"value": 3450249.21,
			"currency": "USD",
			"weight": 0.0369,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0116870314",
			"company": "Naturgy Energy Group SA",
			"company_url": "https://titelia.com/en/stocks/naturgy-energy-group-sa-ES0116870314",
			"country": "ES",
			"shares": 97546,
			"value": 3254121.73,
			"currency": "USD",
			"weight": 0.0348,
			"as_of": "2026-07-31"
		},
		{
			"isin": "AT0000746409",
			"company": "Verbund AG",
			"company_url": "https://titelia.com/en/stocks/verbund-ag-AT0000746409",
			"country": "AT",
			"shares": 44306,
			"value": 3041123.3,
			"currency": "USD",
			"weight": 0.0325,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000108847",
			"company": "L E Lundbergforetagen AB",
			"company_url": "https://titelia.com/en/stocks/l-e-lundbergforetagen-ab-SE0000108847",
			"country": "SE",
			"shares": 49044,
			"value": 2945843.6,
			"currency": "USD",
			"weight": 0.0315,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0003717312",
			"company": "Sofina SA",
			"company_url": "https://titelia.com/en/stocks/sofina-sa-BE0003717312",
			"country": "BE",
			"shares": 10138,
			"value": 2872957.73,
			"currency": "USD",
			"weight": 0.0307,
			"as_of": "2026-07-31"
		},
		{
			"isin": "BE0974259880",
			"company": "D'ieteren Group",
			"company_url": "https://titelia.com/en/stocks/d-ieteren-group-BE0974259880",
			"country": "BE",
			"shares": 13674,
			"value": 2822383.48,
			"currency": "USD",
			"weight": 0.0302,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PLDINPL00011",
			"company": "Dino Polska SA",
			"company_url": "https://titelia.com/en/stocks/dino-polska-sa-PLDINPL00011",
			"country": "PL",
			"shares": 320897,
			"value": 2751493.69,
			"currency": "USD",
			"weight": 0.0294,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0011202772",
			"company": "Var Energi ASA",
			"company_url": "https://titelia.com/en/stocks/var-energi-asa-NO0011202772",
			"country": "NO",
			"shares": 545847,
			"value": 2742339.88,
			"currency": "USD",
			"weight": 0.0293,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NO0010310956",
			"company": "Salmar ASA",
			"company_url": "https://titelia.com/en/stocks/salmar-asa-NO0010310956",
			"country": "NO",
			"shares": 49184,
			"value": 2681421.43,
			"currency": "USD",
			"weight": 0.0287,
			"as_of": "2026-07-31"
		},
		{
			"isin": "ES0127797019",
			"company": "EDP Renewables SA",
			"company_url": "https://titelia.com/en/stocks/edp-renewables-sa-ES0127797019",
			"country": "PT",
			"shares": 172709,
			"value": 2679917.6,
			"currency": "USD",
			"weight": 0.0286,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0005127818",
			"company": "Sagax AB",
			"company_url": "https://titelia.com/en/stocks/sagax-ab-SE0005127818",
			"country": "SE",
			"shares": 148904,
			"value": 2617496.66,
			"currency": "USD",
			"weight": 0.028,
			"as_of": "2026-07-31"
		},
		{
			"isin": "PLBSK0000017",
			"company": "ING Bank Slaski SA",
			"company_url": "https://titelia.com/en/stocks/ing-bank-slaski-sa-PLBSK0000017",
			"country": "PL",
			"shares": 21807,
			"value": 2586029.47,
			"currency": "USD",
			"weight": 0.0276,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0017832488",
			"company": "Fastighets AB Balder",
			"company_url": "https://titelia.com/en/stocks/fastighets-ab-balder-SE0017832488",
			"country": "SE",
			"shares": 469109,
			"value": 2567541.02,
			"currency": "USD",
			"weight": 0.0274,
			"as_of": "2026-07-31"
		},
		{
			"isin": "IT0000062957",
			"company": "Mediobanca Banca di Credito Finanziario SpA",
			"company_url": "https://titelia.com/en/stocks/mediobanca-banca-di-credito-finanziario-spa-IT0000062957",
			"country": "IT",
			"shares": 74104,
			"value": 2389807.13,
			"currency": "USD",
			"weight": 0.0255,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BKDRYJ47",
			"company": "AIRTEL AFRICA PLC",
			"company_url": "https://titelia.com/en/stocks/airtel-africa-plc-GB00BKDRYJ47",
			"country": "GB",
			"shares": 514942,
			"value": 2324395.85,
			"currency": "USD",
			"weight": 0.0248,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00BVMN1558",
			"company": "Verisure PLC",
			"company_url": "https://titelia.com/en/stocks/verisure-plc-GB00BVMN1558",
			"country": "SE",
			"shares": 163668,
			"value": 2035134.05,
			"currency": "USD",
			"weight": 0.0217,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0010100958",
			"company": "Investment AB Latour",
			"company_url": "https://titelia.com/en/stocks/investment-ab-latour-SE0010100958",
			"country": "SE",
			"shares": 95638,
			"value": 2017584.36,
			"currency": "USD",
			"weight": 0.0216,
			"as_of": "2026-07-31"
		},
		{
			"isin": "NL0015073TS8",
			"company": "CSG NV",
			"company_url": "https://titelia.com/en/stocks/csg-nv-NL0015073TS8",
			"country": "NL",
			"shares": 101946,
			"value": 1942075.17,
			"currency": "USD",
			"weight": 0.0208,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FR0000039299",
			"company": "Bollore SE",
			"company_url": "https://titelia.com/en/stocks/bollore-se-FR0000039299",
			"country": "FR",
			"shares": 424532,
			"value": 1895915.59,
			"currency": "USD",
			"weight": 0.0203,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0006993770",
			"company": "Axfood AB",
			"company_url": "https://titelia.com/en/stocks/axfood-ab-SE0006993770",
			"country": "SE",
			"shares": 71933,
			"value": 1835830.97,
			"currency": "USD",
			"weight": 0.0196,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009014369",
			"company": "Orion Oyj",
			"company_url": "https://titelia.com/en/stocks/orion-oyj-FI0009014369",
			"country": "FI",
			"shares": 17228,
			"value": 1608302.19,
			"currency": "USD",
			"weight": 0.0172,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000171100",
			"company": "SSAB AB",
			"company_url": "https://titelia.com/en/stocks/ssab-ab-SE0000171100",
			"country": "SE",
			"shares": 143928,
			"value": 1515253.98,
			"currency": "USD",
			"weight": 0.0162,
			"as_of": "2026-07-31"
		},
		{
			"isin": "FI0009007900",
			"company": "Kesko Oyj",
			"company_url": "https://titelia.com/en/stocks/kesko-oyj-FI0009007900",
			"country": "FI",
			"shares": 56964,
			"value": 1390315.47,
			"currency": "USD",
			"weight": 0.0149,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0007100607",
			"company": "Svenska Handelsbanken AB",
			"company_url": "https://titelia.com/en/stocks/svenska-handelsbanken-ab-SE0007100607",
			"country": "SE",
			"shares": 23644,
			"value": 577267.96,
			"currency": "USD",
			"weight": 0.0062,
			"as_of": "2026-07-31"
		},
		{
			"isin": "AT0000720008",
			"company": "Telekom Austria AG",
			"company_url": "https://titelia.com/en/stocks/telekom-austria-ag-AT0000720008",
			"country": "AT",
			"shares": 48098,
			"value": 562407.08,
			"currency": "USD",
			"weight": 0.006,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0009922156",
			"company": "Essity AB",
			"company_url": "https://titelia.com/en/stocks/essity-ab-SE0009922156",
			"country": "SE",
			"shares": 14386,
			"value": 420047.5,
			"currency": "USD",
			"weight": 0.0045,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000108649",
			"company": "Telefonaktiebolaget LM Ericsson",
			"company_url": "https://titelia.com/en/stocks/telefonaktiebolaget-lm-ericsson-SE0000108649",
			"country": "SE",
			"shares": 36912,
			"value": 365006.96,
			"currency": "USD",
			"weight": 0.0039,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0000120784",
			"company": "Skandinaviska Enskilda Banken AB",
			"company_url": "https://titelia.com/en/stocks/skandinaviska-enskilda-banken-ab-SE0000120784",
			"country": "SE",
			"shares": 13516,
			"value": 322042.18,
			"currency": "USD",
			"weight": 0.0034,
			"as_of": "2026-07-31"
		},
		{
			"isin": "SE0009161052",
			"company": "Sagax AB",
			"company_url": "https://titelia.com/en/stocks/sagax-ab-SE0009161052",
			"country": "SE",
			"shares": 73845,
			"value": 257525.11,
			"currency": "USD",
			"weight": 0.0028,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B71N6K86",
			"company": "Evraz PLC",
			"company_url": "https://titelia.com/en/stocks/evraz-plc-GB00B71N6K86",
			"country": "GB",
			"shares": 453755,
			"value": 0.61,
			"currency": "USD",
			"weight": 0,
			"as_of": "2026-07-31"
		},
		{
			"isin": "GB00B7FC0762",
			"company": "NMC Health PLC",
			"company_url": "https://titelia.com/en/stocks/nmc-health-plc-GB00B7FC0762",
			"country": "GB",
			"shares": 23176,
			"value": 0.03,
			"currency": "USD",
			"weight": 0,
			"as_of": "2026-07-31"
		}
	],
	"source": "Public filings of the fund regulators, republished by titelia",
	"served_by": {
		"name": "titelia",
		"url": "https://titelia.com/en/api"
	},
	"terms": "https://titelia.com/en/mentions",
	"documentation": "https://titelia.com/en/api"
}
