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      </invstOrSec>
      <invstOrSec>
        <name>PetMed Express Inc</name>
        <lei>529900PGHW5ASJ1AZL48</lei>
        <title>PetMed Express Inc</title>
        <cusip>716382106</cusip>
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          <isin value="US7163821066"/>
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        <balance>397020.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Lithia Motors Inc</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
        <title>Lithia Motors Inc</title>
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          <isin value="US5367971034"/>
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        <balance>33919.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10753679.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Franchise Group Inc</name>
        <lei>549300MWCHSL8BSOMV77</lei>
        <title>Franchise Group Inc</title>
        <cusip>35180X105</cusip>
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          <isin value="US35180X1054"/>
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        <balance>171829.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>National Vision Holdings Inc</name>
        <lei>549300JHURCBLI5ROA42</lei>
        <title>National Vision Holdings Inc</title>
        <cusip>63845R107</cusip>
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          <isin value="US63845R1077"/>
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        <balance>192072.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10903927.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Casey's General Stores Inc</name>
        <lei>549300CAFWSI86V66Q65</lei>
        <title>Casey's General Stores Inc</title>
        <cusip>147528103</cusip>
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          <isin value="US1475281036"/>
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        <balance>59144.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Buckle Inc/The</name>
        <lei>5299007IU0461T3GDL34</lei>
        <title>Buckle Inc/The</title>
        <cusip>118440106</cusip>
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          <isin value="US1184401065"/>
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        <balance>288851.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11435611.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Carvana Co</name>
        <lei>5493003WEAK2PJ5WS063</lei>
        <title>Carvana Co</title>
        <cusip>146869102</cusip>
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          <isin value="US1468691027"/>
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        <balance>34157.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10299701.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="7752283.50000000"/>
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      <invstOrSec>
        <name>Qurate Retail Inc</name>
        <lei>549300PSXEKU4PHLCR04</lei>
        <title>Qurate Retail Inc</title>
        <cusip>74915M100</cusip>
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          <isin value="US74915M1009"/>
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        <balance>1085760.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wayfair Inc</name>
        <lei>54930027N9ZAVYFDHK53</lei>
        <title>Wayfair Inc</title>
        <cusip>94419L101</cusip>
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          <isin value="US94419L1017"/>
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        <balance>42938.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10971088.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="9303697.50000000"/>
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      <invstOrSec>
        <name>Porch Group Inc</name>
        <lei>N/A</lei>
        <title>Porch Group Inc</title>
        <cusip>733245104</cusip>
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          <isin value="US7332451043"/>
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        <balance>506727.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8958933.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Asbury Automotive Group Inc</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>Asbury Automotive Group Inc</title>
        <cusip>043436104</cusip>
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          <isin value="US0434361046"/>
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        <balance>65826.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Group 1 Automotive Inc</name>
        <lei>549300US8QAZJLWYAF63</lei>
        <title>Group 1 Automotive Inc</title>
        <cusip>398905109</cusip>
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          <isin value="US3989051095"/>
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        <balance>71136.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Boot Barn Holdings Inc</name>
        <lei>529900QE1BFMYA3N4E71</lei>
        <title>Boot Barn Holdings Inc</title>
        <cusip>099406100</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Eagle Outfitters Inc</name>
        <lei>5299001Z9HXK01DHW793</lei>
        <title>American Eagle Outfitters Inc</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Designer Brands Inc</name>
        <lei>549300X8J6FI8PPRK859</lei>
        <title>Designer Brands Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Shoe Carnival Inc</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>BJ's Wholesale Club Holdings Inc</name>
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        <title>BJ's Wholesale Club Holdings Inc</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Albertsons Cos Inc</name>
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        <title>Albertsons Cos Inc</title>
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        <name>Rent-A-Center Inc/TX</name>
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        <name>Big 5 Sporting Goods Corp</name>
        <lei>529900BFAM7VKQMKUC49</lei>
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        <name>Kohl's Corp</name>
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        <title>Kohl's Corp</title>
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        <name>Dollar Tree Inc</name>
        <lei>549300PMSTQITB1WHR43</lei>
        <title>Dollar Tree Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Best Buy Co Inc</name>
        <lei>HL5XPTVRV0O8TUN5LL90</lei>
        <title>Best Buy Co Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>O'Reilly Automotive Inc</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>O'Reilly Automotive Inc</title>
        <cusip>67103H107</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RealReal Inc/The</name>
        <lei>549300O00VUGT4H1PE90</lei>
        <title>RealReal Inc/The</title>
        <cusip>88339P101</cusip>
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          <isin value="US88339P1012"/>
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        <balance>894318.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11787111.24000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Lands' End Inc</name>
        <lei>54930016WOL7P2P67Q43</lei>
        <title>Lands' End Inc</title>
        <cusip>51509F105</cusip>
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          <isin value="US51509F1057"/>
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        <balance>269275.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Target Corp</name>
        <lei>8WDDFXB5T1Z6J0XC1L66</lei>
        <title>Target Corp</title>
        <cusip>87612E106</cusip>
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          <isin value="US87612E1064"/>
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        <balance>46045.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10533714.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Signet Jewelers Ltd</name>
        <lei>549300N3XPGE91WV7M22</lei>
        <title>Signet Jewelers Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG812761002"/>
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        <balance>146396.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11559428.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dick's Sporting Goods Inc</name>
        <lei>529900SSBV5I4LWSK313</lei>
        <title>Dick's Sporting Goods Inc</title>
        <cusip>253393102</cusip>
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          <isin value="US2533931026"/>
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        <balance>85258.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Walmart Inc</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>Walmart Inc</title>
        <cusip>931142103</cusip>
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          <isin value="US9311421039"/>
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        <balance>77193.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10759160.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ingles Markets Inc</name>
        <lei>549300XH5RYBMYP8TF26</lei>
        <title>Ingles Markets Inc</title>
        <cusip>457030104</cusip>
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          <isin value="US4570301048"/>
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        <balance>82135.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Etsy Inc</name>
        <lei>54930089Q7XT501AEA40</lei>
        <title>Etsy Inc</title>
        <cusip>29786A106</cusip>
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          <isin value="US29786A1060"/>
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        <balance>51884.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Grocery Outlet Holding Corp</name>
        <lei>N/A</lei>
        <title>Grocery Outlet Holding Corp</title>
        <cusip>39874R101</cusip>
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          <isin value="US39874R1014"/>
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        <balance>450198.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1883727.66000000"/>
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      <invstOrSec>
        <name>America's Car-Mart Inc/TX</name>
        <lei>N/A</lei>
        <title>America's Car-Mart Inc/TX</title>
        <cusip>03062T105</cusip>
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          <isin value="US03062T1051"/>
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        <balance>58854.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6872970.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vroom Inc</name>
        <lei>N/A</lei>
        <title>Vroom Inc</title>
        <cusip>92918V109</cusip>
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          <isin value="US92918V1098"/>
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        <balance>425525.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="7675994.90000000"/>
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      <invstOrSec>
        <name>TJX Cos Inc/The</name>
        <lei>V167QI9I69W364E2DY52</lei>
        <title>TJX Cos Inc/The</title>
        <cusip>872540109</cusip>
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          <isin value="US8725401090"/>
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        <balance>163491.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10787136.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ContextLogic Inc</name>
        <lei>549300YZDCRQ367LIE74</lei>
        <title>ContextLogic Inc</title>
        <cusip>21077C107</cusip>
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          <isin value="US21077C1071"/>
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        <balance>1655799.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="7341627.41000000"/>
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      <invstOrSec>
        <name>DoorDash Inc</name>
        <lei>N/A</lei>
        <title>DoorDash Inc</title>
        <cusip>25809K105</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Quotient Technology Inc</name>
        <lei>5493005ZZT58VQ9RKP56</lei>
        <title>Quotient Technology Inc</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State Street Global Advisors</name>
        <lei>5493008BJIBKQ5KTIF74</lei>
        <title>State Street Navigator Securities Lending Government Money Market Portfolio</title>
        <cusip>857492706</cusip>
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          <isin value="US8574927062"/>
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        <balance>55787769.50000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Big Lots Inc</name>
        <lei>N/A</lei>
        <title>Big Lots Inc</title>
        <cusip>089302103</cusip>
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          <isin value="US0893021032"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Academy Sports &amp; Outdoors Inc</name>
        <lei>N/A</lei>
        <title>Academy Sports &amp; Outdoors Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Winmark Corp</name>
        <lei>N/A</lei>
        <title>Winmark Corp</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dillard's Inc</name>
        <lei>529900FGYKMWL6019P91</lei>
        <title>Dillard's Inc</title>
        <cusip>254067101</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Genesco Inc</name>
        <lei>549300VY2Q511P1K5P56</lei>
        <title>Genesco Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AutoNation Inc</name>
        <lei>N/A</lei>
        <title>AutoNation Inc</title>
        <cusip>05329W102</cusip>
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          <isin value="US05329W1027"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rite Aid Corp</name>
        <lei>529900W353T1JY1DKT44</lei>
        <title>Rite Aid Corp</title>
        <cusip>767754872</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Guess? Inc</name>
        <lei>549300QVH3ZK2DW0KP86</lei>
        <title>Guess? Inc</title>
        <cusip>401617105</cusip>
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          <isin value="US4016171054"/>
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        <balance>512028.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10757708.28000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Weis Markets Inc</name>
        <lei>N/A</lei>
        <title>Weis Markets Inc</title>
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      <invstOrSec>
        <name>Macy's Inc</name>
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      <invstOrSec>
        <name>Sportsman's Warehouse Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Citi Trends Inc</name>
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      <invstOrSec>
        <name>Foot Locker Inc</name>
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      <invstOrSec>
        <name>Nordstrom Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sonic Automotive Inc</name>
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        <name>Hibbett Inc</name>
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      <invstOrSec>
        <name>Ross Stores Inc</name>
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      <invstOrSec>
        <name>CarMax Inc</name>
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        <name>Bath &amp; Body Works Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Chico's FAS Inc</name>
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        <name>Penske Automotive Group Inc</name>
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        <name>Advance Auto Parts Inc</name>
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        <name>Sally Beauty Holdings Inc</name>
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        <name>Ulta Beauty Inc</name>
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        <name>Party City Holdco Inc</name>
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        <name>AutoZone Inc</name>
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        <name>ODP Corp/The</name>
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        <name>Liquidity Services Inc</name>
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        <name>Kroger Co/The</name>
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        <curCd>USD</curCd>
        <valUSD>10670528.18000000</valUSD>
        <pctVal>0.971866549531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petco Health &amp; Wellness Co Inc</name>
        <lei>N/A</lei>
        <title>Petco Health &amp; Wellness Co Inc</title>
        <cusip>71601V105</cusip>
        <identifiers>
          <isin value="US71601V1052"/>
        </identifiers>
        <balance>517438.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10917941.80000000</valUSD>
        <pctVal>0.994400862465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PriceSmart Inc</name>
        <lei>549300JVYOSTGVSDZS46</lei>
        <title>PriceSmart Inc</title>
        <cusip>741511109</cusip>
        <identifiers>
          <isin value="US7415111092"/>
        </identifiers>
        <balance>86694.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6723119.70000000</valUSD>
        <pctVal>0.612338492969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GameStop Corp</name>
        <lei>549300505KLOET039L77</lei>
        <title>GameStop Corp</title>
        <cusip>36467W109</cusip>
        <identifiers>
          <isin value="US36467W1099"/>
        </identifiers>
        <balance>59135.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10376418.45000000</valUSD>
        <pctVal>0.945079177467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MarineMax Inc</name>
        <lei>254900TIXTN8WY3FNN63</lei>
        <title>MarineMax Inc</title>
        <cusip>567908108</cusip>
        <identifiers>
          <isin value="US5679081084"/>
        </identifiers>
        <balance>235256.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11414621.12000000</valUSD>
        <pctVal>1.039638174884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Conn's Inc</name>
        <lei>529900K9HOACKOJJT953</lei>
        <title>Conn's Inc</title>
        <cusip>208242107</cusip>
        <identifiers>
          <isin value="US2082421072"/>
        </identifiers>
        <balance>301820.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6890550.60000000</valUSD>
        <pctVal>0.627588018421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="993680.50000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chewy Inc</name>
        <lei>N/A</lei>
        <title>Chewy Inc</title>
        <cusip>16679L109</cusip>
        <identifiers>
          <isin value="US16679L1098"/>
        </identifiers>
        <balance>150148.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10226580.28000000</valUSD>
        <pctVal>0.931431989361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="8179850.58000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>1-800-Flowers.com Inc</name>
        <lei>N/A</lei>
        <title>1-800-Flowers.com Inc</title>
        <cusip>68243Q106</cusip>
        <identifiers>
          <isin value="US68243Q1067"/>
        </identifiers>
        <balance>344328.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10505447.28000000</valUSD>
        <pctVal>0.956831060944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Murphy USA Inc</name>
        <lei>549300Y081F8XIKQIO72</lei>
        <title>Murphy USA Inc</title>
        <cusip>626755102</cusip>
        <identifiers>
          <isin value="US6267551025"/>
        </identifiers>
        <balance>76086.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12726144.36000000</valUSD>
        <pctVal>1.159091077720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gap Inc/The</name>
        <lei>T2ZG1WRWZ4BUCMQL9224</lei>
        <title>Gap Inc/The</title>
        <cusip>364760108</cusip>
        <identifiers>
          <isin value="US3647601083"/>
        </identifiers>
        <balance>471894.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10711993.80000000</valUSD>
        <pctVal>0.975643218161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Urban Outfitters Inc</name>
        <lei>549300N3DUFR5U6NRN38</lei>
        <title>Urban Outfitters Inc</title>
        <cusip>917047102</cusip>
        <identifiers>
          <isin value="US9170471026"/>
        </identifiers>
        <balance>360186.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10693922.34000000</valUSD>
        <pctVal>0.973997278318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CarParts.com Inc</name>
        <lei>5493005FSRX4Y7E7H678</lei>
        <title>CarParts.com Inc</title>
        <cusip>14427M107</cusip>
        <identifiers>
          <isin value="US14427M1071"/>
        </identifiers>
        <balance>651590.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10171319.90000000</valUSD>
        <pctVal>0.926398900658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="6685518.78000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stitch Fix Inc</name>
        <lei>549300TNHOVBOJZIYE72</lei>
        <title>Stitch Fix Inc</title>
        <cusip>860897107</cusip>
        <identifiers>
          <isin value="US8608971078"/>
        </identifiers>
        <balance>308713.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12333084.35000000</valUSD>
        <pctVal>1.123291361976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Poshmark Inc</name>
        <lei>N/A</lei>
        <title>Poshmark Inc</title>
        <cusip>73739W104</cusip>
        <identifiers>
          <isin value="US73739W1045"/>
        </identifiers>
        <balance>446274.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10603470.24000000</valUSD>
        <pctVal>0.965758944766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amazon.com Inc</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com Inc</title>
        <cusip>023135106</cusip>
        <identifiers>
          <isin value="US0231351067"/>
        </identifiers>
        <balance>3243.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10653384.72000000</valUSD>
        <pctVal>0.970305131480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arko Corp</name>
        <lei>N/A</lei>
        <title>Arko Corp</title>
        <cusip>041242108</cusip>
        <identifiers>
          <isin value="US0412421085"/>
        </identifiers>
        <balance>282935.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2857643.50000000</valUSD>
        <pctVal>0.260272788871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shift Technologies Inc</name>
        <lei>5493000DBZBX1I1QVY71</lei>
        <title>Shift Technologies Inc</title>
        <cusip>82452T107</cusip>
        <identifiers>
          <isin value="US82452T1079"/>
        </identifiers>
        <balance>1351620.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9380242.80000000</valUSD>
        <pctVal>0.854347980720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3539824.52000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caleres Inc</name>
        <lei>JFU6RQQJ8Z1CPOLBXQ18</lei>
        <title>Caleres Inc</title>
        <cusip>129500104</cusip>
        <identifiers>
          <isin value="US1295001044"/>
        </identifiers>
        <balance>497324.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11050539.28000000</valUSD>
        <pctVal>1.006477776859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Monro Inc</name>
        <lei>N/A</lei>
        <title>Monro Inc</title>
        <cusip>610236101</cusip>
        <identifiers>
          <isin value="US6102361010"/>
        </identifiers>
        <balance>174495.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10035207.45000000</valUSD>
        <pctVal>0.914001844496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street Global Advisors</name>
        <lei>5493000HFJPORCLSV250</lei>
        <title>State Street Institutional Liquid Reserves Fund</title>
        <cusip>85749P101</cusip>
        <identifiers>
          <isin value="US85749P1012"/>
        </identifiers>
        <balance>1356941.37000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1357212.76000000</valUSD>
        <pctVal>0.123614282235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>



    </explntrNotes>
    <signature>
      <ncom:dateSigned>2021-10-29</ncom:dateSigned>
      <ncom:nameOfApplicant>SPDR SERIES TRUST</ncom:nameOfApplicant>
      <ncom:signature>Arthur Jensen</ncom:signature>
      <ncom:signerName>Arthur Jensen</ncom:signerName>
      <ncom:title>Deputy Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
