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        <name>MONOLITHIC POWER SYSTEMS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FACTSET RESEARCH SYSTEMS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>3M COMPANY</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BURLINGTON STORES, INC.</name>
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        <name>TREX COMPANY, INC.</name>
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        <name>TESLA, INC.</name>
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        <name>10X Genomics Inc</name>
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        <name>CDW CORPORATION</name>
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        <name>DICK'S SPORTING GOODS, INC.</name>
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        <name>PALO ALTO NETWORKS, INC.</name>
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        <name>OKTA, INC.</name>
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        <name>MERCK &amp; CO., INC.</name>
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        <name>LPL FINANCIAL HOLDINGS INC.</name>
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        <name>PEGASYSTEMS INC.</name>
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        <name>CONSTELLATION ENERGY CORPORATION.</name>
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        <name>BROADCOM INC.</name>
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      <invstOrSec>
        <name>JABIL INC.</name>
        <lei>5493000CGCQY2OQU7669</lei>
        <title>JABIL INC</title>
        <cusip>466313103</cusip>
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          <isin value="US4663131039"/>
          <other otherDesc="Internal" value="2471789"/>
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        <balance>221.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30071.47000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VEEVA SYSTEMS INC.</name>
        <lei>549300YZEXPDB92M2F02</lei>
        <title>VEEVA SYSTEMS INC</title>
        <cusip>922475108</cusip>
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          <isin value="US9224751084"/>
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        <balance>3047.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INTUIT INC.</name>
        <lei>VI90HBPH7XSFMB9E4M29</lei>
        <title>INTUIT INC</title>
        <cusip>461202103</cusip>
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          <isin value="US4612021034"/>
          <other otherDesc="Internal" value="2459020"/>
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        <balance>5643.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CELSIUS HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>CELSIUS HOLDINGS INC</title>
        <cusip>15118V207</cusip>
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          <isin value="US15118V2079"/>
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        <balance>3898.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>138846.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CELANESE CORPORATION</name>
        <lei>549300FHJQTDPPN41627</lei>
        <title>CELANESE CORP SERIES A</title>
        <cusip>150870103</cusip>
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          <isin value="US1508701034"/>
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        <balance>651.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36957.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NIKE, INC.</name>
        <lei>787RXPR0UX0O0XUXPZ81</lei>
        <title>NIKE INC CL B</title>
        <cusip>654106103</cusip>
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          <isin value="US6541061031"/>
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        <balance>15097.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SUPER MICRO COMPUTER, INC.</name>
        <lei>54930022CZO1N2UGVW07</lei>
        <title>SUPER MICRO COMPUTER INC</title>
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          <isin value="US86800U3023"/>
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        <balance>10099.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Elastic N.V.</name>
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        <title>ELASTIC NV</title>
        <cusip>N14506104</cusip>
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          <isin value="NL0013056914"/>
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        <balance>1804.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EQUINIX, INC.</name>
        <lei>549300EVUN2BTLJ3GT74</lei>
        <title>EQUINIX INC</title>
        <cusip>29444U700</cusip>
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          <isin value="US29444U7000"/>
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        <balance>116.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94580.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SYSCO CORPORATION</name>
        <lei>5RGWIFLMGH3YS7KWI652</lei>
        <title>SYSCO CORP</title>
        <cusip>871829107</cusip>
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          <isin value="US8718291078"/>
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        <balance>6358.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477104.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLGATE-PALMOLIVE COMPANY</name>
        <lei>YMEGZFW4SBUSS5BQXF88</lei>
        <title>COLGATE PALMOLIVE CO</title>
        <cusip>194162103</cusip>
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          <isin value="US1941621039"/>
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        <balance>9273.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHERN COPPER CORPORATION</name>
        <lei>2549007U6NAP46Q9TU15</lei>
        <title>SOUTHERN COPPER CORP</title>
        <cusip>84265V105</cusip>
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          <isin value="US84265V1052"/>
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        <balance>1861.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PURE STORAGE, INC.</name>
        <lei>549300NPDB0BZTK3WO90</lei>
        <title>PURE STORAGE INC CLASS A</title>
        <cusip>74624M102</cusip>
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          <isin value="US74624M1027"/>
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        <balance>5502.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>243573.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALIGN TECHNOLOGY, INC.</name>
        <lei>549300N5YSE0U3LCP840</lei>
        <title>ALIGN TECHNOLOGY INC</title>
        <cusip>016255101</cusip>
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          <isin value="US0162551016"/>
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        <balance>929.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AVERY DENNISON CORPORATION</name>
        <lei>549300PW7VPFCYKLIV37</lei>
        <title>AVERY DENNISON CORP</title>
        <cusip>053611109</cusip>
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        <balance>598.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Popular, Inc.</name>
        <lei>5493008CARDZMVQ3LO89</lei>
        <title>POPULAR INC</title>
        <cusip>733174700</cusip>
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        <balance>214.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19767.18000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DYNATRACE, INC.</name>
        <lei>6488T0Z33CE9L61EX904</lei>
        <title>DYNATRACE INC</title>
        <cusip>268150109</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BENTLEY SYSTEMS, INCORPORATED</name>
        <lei>549300WVEHPGE0Z56F71</lei>
        <title>BENTLEY SYSTEMS INC</title>
        <cusip>08265T208</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BILL HOLDINGS, INC.</name>
        <lei>549300IBF9VZZIGOZW63</lei>
        <title>BILL HOLDINGS INC</title>
        <cusip>090043100</cusip>
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          <isin value="US0900431000"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>TRACTOR SUPPLY COMPANY</name>
        <lei>549300OJ9VZHZRO6I137</lei>
        <title>TRACTOR SUPPLY CO</title>
        <cusip>892356106</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>VAIL RESORTS, INC.</name>
        <lei>529900PSZHRNU9HKH870</lei>
        <title>VAIL RESORTS INC</title>
        <cusip>91879Q109</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>INCYTE CORPORATION</name>
        <lei>549300Z4WN6JVZ3T4680</lei>
        <title>INCYTE CORPORATION</title>
        <cusip>45337C102</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>NEW FORTRESS ENERGY INC.</name>
        <lei>254900EICTYTCHA5X705</lei>
        <title>NEW FORTRESS ENERGY LLC</title>
        <cusip>644393100</cusip>
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          <other otherDesc="Internal" value="BH3Z4P3"/>
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        <balance>548.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4553.88000000</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>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CarMax, Inc.</name>
        <lei>529900F60CID3NCZM330</lei>
        <title>CARMAX INC</title>
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          <isin value="US1431301027"/>
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        <curCd>USD</curCd>
        <valUSD>17454.08000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PLANET FITNESS, INC.</name>
        <lei>549300LLE5HUPF6H8G33</lei>
        <title>PLANET FITNESS INC</title>
        <cusip>72703H101</cusip>
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          <isin value="US72703H1014"/>
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        <balance>892.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86176.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DARDEN RESTAURANTS, INC.</name>
        <lei>CY1NFSCCB5GUXC7WZC70</lei>
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          <isin value="US2371941053"/>
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        <balance>1237.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOFI TECHNOLOGIES, INC.</name>
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          <isin value="US83406F1021"/>
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        <balance>3730.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Procore Technologies Inc</name>
        <lei>5493005PTWY0RHYRAH22</lei>
        <title>PROCORE TECHNOLOGIES INC</title>
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          <isin value="US74275K1088"/>
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        <balance>2147.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dutch Bros Inc</name>
        <lei>N/A</lei>
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        <cusip>26701L100</cusip>
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          <isin value="US26701L1008"/>
          <other otherDesc="Internal" value="BMWP7H2"/>
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        <balance>829.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THE GOLDMAN SACHS GROUP, INC.</name>
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          <isin value="US38141G1040"/>
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        <balance>1681.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>APPLIED MATERIALS, INC.</name>
        <lei>41BNNE1AFPNAZELZ6K07</lei>
        <title>APPLIED MATERIALS INC</title>
        <cusip>038222105</cusip>
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          <isin value="US0382221051"/>
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        <balance>15481.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Dreyfus Treasury Securities Cash Management; Institutional Shares</name>
        <lei>N/A</lei>
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        <cusip>261941108</cusip>
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          <isin value="US2619411083"/>
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        <balance>2878972.25000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VERTIV HOLDINGS CO</name>
        <lei>549300KTTIRAOGXCRV69</lei>
        <title>VERTIV HOLDINGS CO</title>
        <cusip>92537N108</cusip>
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          <isin value="US92537N1081"/>
          <other otherDesc="Internal" value="BL3LWS8"/>
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        <balance>7341.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIBERTY MEDIA CORP - FORMULA ONE GROUP</name>
        <lei>549300ZKUTPIBZLWLL89</lei>
        <title>LIBERTY MEDIA CORP LIBERTY FORMULA ONE</title>
        <cusip>531229755</cusip>
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          <isin value="US5312297550"/>
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        <balance>1598.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASTE MANAGEMENT, INC.</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>WASTE MANAGEMENT INC</title>
        <cusip>94106L109</cusip>
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        <balance>8286.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PAYCHEX, INC.</name>
        <lei>529900K900DW6SUBM174</lei>
        <title>PAYCHEX INC</title>
        <cusip>704326107</cusip>
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        <balance>2372.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MONGODB, INC.</name>
        <lei>549300TPTG69WKWE1Z37</lei>
        <title>MONGODB INC</title>
        <cusip>60937P106</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>APPLOVIN CORPORATION</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>APPLOVIN CORP</title>
        <cusip>03831W108</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>THE CIGNA GROUP</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>CIGNA GROUP THE</title>
        <cusip>125523100</cusip>
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          <isin value="US1255231003"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LIBERTY BROADBAND CORPORATION</name>
        <lei>549300MIX43II8JLN536</lei>
        <title>LIBERTY BROADBAND CLASS C</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Ultragenyx Pharmaceutical Inc</name>
        <lei>529900EV44GVDN1DCX77</lei>
        <title>ULTRAGENYX PHARMACEUTICAL INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WINGSTOP INC.</name>
        <lei>549300SSH3F8HPIM3Q47</lei>
        <title>WINGSTOP INC</title>
        <cusip>974155103</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>STARBUCKS CORPORATION</name>
        <lei>OQSJ1DU9TAOC51A47K68</lei>
        <title>STARBUCKS CORPORATION</title>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>PENUMBRA, INC.</name>
        <lei>549300RGE06P3ECANU72</lei>
        <title>PENUMBERA INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TOPBUILD CORP.</name>
        <lei>5493007YSKHOL4RWII46</lei>
        <title>TOPBUILD CORP</title>
        <cusip>89055F103</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GENERAL ELECTRIC COMPANY</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>GENERAL ELECTRIC CO</title>
        <cusip>369604301</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>AMERIPRISE FINANCIAL, INC.</name>
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        <name>LATTICE SEMICONDUCTOR CORPORATION</name>
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        <name>Somnigroup International Inc.</name>
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        <name>TRADEWEB MARKETS INC.</name>
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        <name>BOOZ ALLEN HAMILTON HOLDING CORPORATION</name>
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        <name>EXPEDITORS INTERNATIONAL OF WASHINGTON, INC</name>
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        <name>THE AZEK COMPANY INC.</name>
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        <name>TEXAS ROADHOUSE, INC.</name>
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        <name>ADVANCED MICRO DEVICES, INC.</name>
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        <name>CHOICE HOTELS INTERNATIONAL, INC.</name>
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        <name>UBIQUITI INC.</name>
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        <name>ZEBRA TECHNOLOGIES CORPORATION</name>
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        <name>PALANTIR TECHNOLOGIES INC.</name>
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        <name>AMPHENOL CORPORATION</name>
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        <name>H &amp; R BLOCK, INC.</name>
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        <name>MASTERCARD INCORPORATED.</name>
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        <title>MATERCARD INC CLASS A</title>
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        <name>HOWMET AEROSPACE INC.</name>
        <lei>549300HO5WFZUT5N2T22</lei>
        <title>HOWMET AEROSPACE INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AUTOZONE, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>TRANSDIGM GROUP INCORPORATED</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DRAFTKINGS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FLOOR &amp; DECOR HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ROBLOX CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CROWDSTRIKE HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NVIDIA CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ABBVIE INC.</name>
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        <name>SHARKNINJA, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>LOCKHEED MARTIN CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SALESFORCE, INC.</name>
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        <name>CARVANA CO.</name>
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        <name>BUILDERS FIRSTSOURCE, INC.</name>
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        <name>TYLER TECHNOLOGIES, INC.</name>
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        <name>DoubleVerify Holdings Inc</name>
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        <name>BOOKING HOLDINGS INC.</name>
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        <name>MCDONALD'S CORPORATION</name>
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        <name>ROYAL CARIBBEAN CRUISES LTD.</name>
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        <name>UIPATH, INC.</name>
        <lei>5493000YP61KBELDHT53</lei>
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        <name>SAREPTA THERAPEUTICS, INC.</name>
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        <name>MOTOROLA SOLUTIONS, INC.</name>
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        <name>FASTENAL COMPANY</name>
        <lei>529900PP0C7H2HHPSJ32</lei>
        <title>FASTENAL CO</title>
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        <name>Lazard, Inc.</name>
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        <name>HEICO CORPORATION</name>
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        <name>LIBERTY MEDIA CORP - FORMULA ONE GROUP</name>
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        <name>PUBLIC STORAGE.</name>
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        <name>GARTNER, INC.</name>
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        <name>DELL TECHNOLOGIES INC.</name>
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        <name>BWX TECHNOLOGIES, INC.</name>
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        <name>PTC INC.</name>
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        <name>Everest Group, Ltd.</name>
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        <name>CADENCE DESIGN SYSTEMS, INC.</name>
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        <name>LULULEMON ATHLETICA INC.</name>
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        <name>CHIPOTLE MEXICAN GRILL, INC.</name>
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        <lei>QTX3D84DZDD5JYOCYH15</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Texas Pacific Land Corp</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>BROADRIDGE FINANCIAL SOLUTIONS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TARGA RESOURCES CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HP INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JEFFERIES FINANCIAL GROUP INC.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Pepsico, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FORTINET, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SPOTIFY TECHNOLOGY S.A.</name>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>THE WESTERN UNION COMPANY</name>
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        <title>WESTERN UNION COMPANY</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ILLINOIS TOOL WORKS INC.</name>
        <lei>76NA4I14SZCFAYMNSV04</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>LYFT, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>META PLATFORMS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Viper Energy, Inc.</name>
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        <name>AAON, INC.</name>
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        <name>SKECHERS U.S.A., INC.</name>
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        <name>Unity Software Inc</name>
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        <name>ARTHUR J. GALLAGHER &amp; CO.</name>
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        <name>SITEONE LANDSCAPE SUPPLY, INC.</name>
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        <name>FIVE9, INC.</name>
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        <name>EQUITABLE HOLDINGS, INC.</name>
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        <name>MURPHY USA INC.</name>
        <lei>549300Y081F8XIKQIO72</lei>
        <title>MURPHY USA INC</title>
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        <name>BLACKSTONE INC.</name>
        <lei>5299004LW4QWGZUB8Y96</lei>
        <title>BLACKSTONE INC</title>
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        <invCountry>US</invCountry>

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        <name>CLOUDFLARE, INC.</name>
        <lei>5493007DY18BGNLDWU14</lei>
        <title>CLOUDFLARE INC CLASS A</title>
        <cusip>18915M107</cusip>
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      <invstOrSec>
        <name>NORWEGIAN CRUISE LINE HOLDINGS LTD.</name>
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        <name>ENPHASE ENERGY, INC.</name>
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        <name>EMCOR GROUP, INC.</name>
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        <name>AMGEN INC.</name>
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        <name>BLACKROCK LIQUIDITY FUNDS FEDFUND PORTFOLIO</name>
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        <name>NRG ENERGY, INC.</name>
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        <name>Hasbro, Inc.</name>
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        <name>UNION PACIFIC CORPORATION</name>
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        <name>Shift4 Payments Inc</name>
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        <name>HYATT HOTELS CORPORATION</name>
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        <name>U-Haul Holding Company</name>
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        <name>ELI LILLY AND COMPANY</name>
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        <name>CARLISLE COMPANIES INCORPORATED</name>
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        <name>AUTODESK, INC.</name>
        <lei>FRKKVKAIQEF3FCSTPG55</lei>
        <title>AUTODESK INC</title>
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        <name>THE CLOROX COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NEXSTAR MEDIA GROUP, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SIMPSON MANUFACTURING CO., INC.</name>
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        <name>DATADOG, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>LAMB WESTON HOLDINGS, INC.</name>
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        <name>AMAZON.COM, INC.</name>
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        <name>ZSCALER, INC.</name>
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        <name>VISA INC.</name>
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        <name>Inspire Medical Systems Inc</name>
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        <name>ATLASSIAN CORPORATION</name>
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        <name>SAIA, INC.</name>
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        <name>WEX INC.</name>
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        <name>CREDIT ACCEPTANCE CORPORATION</name>
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        <name>THE COCA-COLA COMPANY</name>
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        <name>ORACLE CORPORATION</name>
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        <name>KLA CORPORATION</name>
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        <name>TERADATA CORPORATION</name>
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        <name>Nu Holdings Ltd</name>
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        <title>NU HOLDINGS LTD CAYMAN ISLANDS</title>
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        <name>PERFORMANCE FOOD GROUP COMPANY</name>
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        <name>MOLINA HEALTHCARE, INC.</name>
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        <name>GitLab Inc</name>
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        <name>MSCI INC.</name>
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        <name>GLOBANT S.A.</name>
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        <name>THE ESTEE LAUDER COMPANIES INC.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INSULET CORPORATION</name>
        <lei>549300TZTYD2PYN92D43</lei>
        <title>INSULET CORP</title>
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          <isin value="US45784P1012"/>
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        <balance>1443.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>QUANTA SERVICES, INC.</name>
        <lei>SHVRXXEACT60MMH07S24</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SPIRIT AEROSYSTEMS HOLDINGS, INC.</name>
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          <isin value="US8485741099"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IQVIA HOLDINGS INC</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>THE PROGRESSIVE CORPORATION</name>
        <lei>529900TACNVLY9DCR586</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>THE TJX COMPANIES, INC.</name>
        <lei>V167QI9I69W364E2DY52</lei>
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          <isin value="US8725401090"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ENTEGRIS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>HUBSPOT, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VISTRA CORP.</name>
        <lei>549300KP43CPCUJOOG15</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>APELLIS PHARMACEUTICALS, INC.</name>
        <lei>254900HS0ZFRXXSB9D42</lei>
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          <isin value="US03753U1060"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UNITEDHEALTH GROUP INCORPORATED</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UNITEDHEALTH GROUP INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>EXELIXIS, INC.</name>
        <lei>254900PJQB59O2O95R37</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>LIGHT &amp; WONDER, INC.</name>
        <lei>529900JXALYBOHXKFM62</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CORE &amp; MAIN, INC.</name>
        <lei>N/A</lei>
        <title>CORE MAIN INC</title>
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        <name>MCKESSON CORPORATION</name>
        <lei>549300WZWOM80UCFSF54</lei>
        <title>MCKESSON CORP</title>
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      <invstOrSec>
        <name>THE BOEING COMPANY</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>BOEING CO</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CHURCHILL DOWNS INCORPORATED</name>
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        <title>CHURCHILL DOWNS INC</title>
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        <name>ULTA BEAUTY, INC.</name>
        <lei>529900CIV6HN8M28YM82</lei>
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        <name>THE ALLSTATE CORPORATION</name>
        <lei>OBT0W1ED8G0NWVOLOJ77</lei>
        <title>ALLSTATE CORP</title>
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        <name>HILTON WORLDWIDE HOLDINGS INC.</name>
        <lei>549300HVGPK36ICB0B89</lei>
        <title>HILTON WORLDWIDE HOLDINGS INC</title>
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        <invCountry>US</invCountry>

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        <name>LOUISIANA-PACIFIC CORPORATION</name>
        <lei>549300C7E2UAO5BVRR75</lei>
        <title>LOUISIANA PACIFIC CORP</title>
        <cusip>546347105</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EPAM SYSTEMS, INC.</name>
        <lei>549300XCR4R530HJP604</lei>
        <title>EPAM SYSTEMS INC</title>
        <cusip>29414B104</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STANDARDAERO, INC.</name>
        <lei>N/A</lei>
        <title>STANDARDAERO INC</title>
        <cusip>85423L103</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>NCINO, INC.</name>
        <lei>549300WVRR2WR3L6MZ46</lei>
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        <cusip>63947X101</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>THE CHARLES SCHWAB CORPORATION</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>THE CHARLES SCHWAB CORP</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DEXCOM, INC.</name>
        <lei>549300YSK3QDSFR5EU59</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WYNDHAM HOTELS &amp; RESORTS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>APOLLO GLOBAL MANAGEMENT, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NUTANIX, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Intra-Cellular Therapies Inc</name>
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          <isin value="US46116X1019"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>COMFORT SYSTEMS USA, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ARISTA NETWORKS, INC.</name>
        <lei>635400H1WKBLOQERUU95</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WEATHERFORD INTERNATIONAL PUBLIC LIMITED COMPANY</name>
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        <title>WEATHERFORD INTERNATIONAL PLC</title>
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          <isin value="IE00BLNN3691"/>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ROLLINS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>GRAND CANYON EDUCATION, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>THE WENDY'S COMPANY</name>
        <lei>529900M0JIUCMWVKHG76</lei>
        <title>THE WENDY S COMPANY</title>
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        <name>WYNN RESORTS, LIMITED</name>
        <lei>254900CEKKWIHTEAB172</lei>
        <title>WYNN RESORTS LTD</title>
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        <name>SNOWFLAKE INC.</name>
        <lei>254900CJNSY1K7T53Z16</lei>
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        <name>UNIVERSAL DISPLAY CORPORATION</name>
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        <name>CHENIERE ENERGY, INC.</name>
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        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC CLASS C</title>
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        <name>FRESHPET, INC.</name>
        <lei>549300S4ZK8ZQ6HNPN59</lei>
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        <name>COPART, INC.</name>
        <lei>549300KVYX3JWMYEHU61</lei>
        <title>COPART INC</title>
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        <name>RPM INTERNATIONAL INC.</name>
        <lei>549300TJCKW4BRXPJ474</lei>
        <title>RPM INC</title>
        <cusip>749685103</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WORKDAY, INC.</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>WORKDAY INC CLASS A</title>
        <cusip>98138H101</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>THE HERSHEY COMPANY</name>
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        <name>ALPHABET INC.</name>
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        <name>ROSS STORES, INC.</name>
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        <name>GENERAC HOLDINGS INC.</name>
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        <name>CIVITAS RESOURCES, INC.</name>
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        <name>THE HOME DEPOT, INC.</name>
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        <name>MATADOR RESOURCES COMPANY</name>
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        <name>HESS CORPORATION</name>
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        <name>O'Reilly Automotive, Inc.</name>
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        <name>FISERV, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RESMED INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Trump Media &amp; Technology Group Corp</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ROKU, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CONFLUENT, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RINGCENTRAL, INC.</name>
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          <isin value="US76680R2067"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LAS VEGAS SANDS CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>VERTEX PHARMACEUTICALS INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>THE SHERWIN-WILLIAMS COMPANY</name>
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          <isin value="US8243481061"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HCA HEALTHCARE, INC.</name>
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        <balance>927.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>TRANSUNION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>XPO, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>UWM HOLDINGS CORPORATION</name>
        <lei>N/A</lei>
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        <name>MASIMO CORPORATION</name>
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        <name>AMERICAN AIRLINES GROUP INC.</name>
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        <name>MICROSOFT CORPORATION</name>
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        <name>LINCOLN ELECTRIC HOLDINGS, INC.</name>
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        <name>FIVE BELOW, INC.</name>
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        <name>MORNINGSTAR, INC.</name>
        <lei>529900YGNQPOVAXQ7F29</lei>
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        <name>MANHATTAN ASSOCIATES, INC.</name>
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        <name>MARSH &amp; MCLENNAN COMPANIES, INC.</name>
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        <title>MARSH MCLENNAN COS INC</title>
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        <name>CROCS, INC.</name>
        <lei>549300B0J6YCXD63OG72</lei>
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        <name>GE HEALTHCARE TECHNOLOGIES INC.</name>
        <lei>549300OI9J7XOWZMUN85</lei>
        <title>GE HEALTHCARE TECHNOLOGIES INC</title>
        <cusip>36266G107</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>APPLE INC.</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>APPLE INC</title>
        <cusip>037833100</cusip>
        <identifiers>
          <isin value="US0378331005"/>
          <other otherDesc="Internal" value="2046251"/>
        </identifiers>
        <balance>288507.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64086059.91000000</valUSD>
        <pctVal>11.95952190159</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Allianz Variable Insurance Products Trust</ncom:nameOfApplicant>
      <ncom:signature>Monique Labbe</ncom:signature>
      <ncom:signerName>Monique Labbe</ncom:signerName>
      <ncom:title>Treasurer - Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
