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      <invstOrSec>
        <name>Avis Budget Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Navient Corp</name>
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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>Amedisys Inc</name>
        <lei>5299001RBS9GK9STN379</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STORE Capital Corp</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cabot Corp</name>
        <lei>K05C0SER542GQ6VLRO68</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hain Celestial Group Inc/The</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>R1 RCM Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lancaster Colony Corp</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Evercore Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Amkor Technology Inc</name>
        <lei>529900VHLRTKPWZJBM84</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Jones Lang LaSalle Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mercury General Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Toro Co/The</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EnerSys</name>
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        <name>Trex Co Inc</name>
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        <name>Highwoods Properties Inc</name>
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        <name>International Bancshares Corp</name>
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        <name>Old National Bancorp/IN</name>
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        <name>Avient Corp</name>
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        <title>Avient Corp</title>
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        <name>Goodyear Tire &amp; Rubber Co/The</name>
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        <name>Synaptics Inc</name>
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        <name>National Instruments Corp</name>
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        <title>National Instruments Corp</title>
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        <name>Repligen Corp</name>
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        <title>Repligen Corp</title>
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        <name>Valvoline Inc</name>
        <lei>549300CMHPBEY6VPOT75</lei>
        <title>Valvoline Inc</title>
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        <name>Royal Gold Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FirstCash Holdings Inc</name>
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      <invstOrSec>
        <name>Ashland Global Holdings Inc</name>
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      <invstOrSec>
        <name>Southwest Gas Holdings Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>ManpowerGroup Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CMC Materials Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United States Steel Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Semtech Corp</name>
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        <title>Semtech Corp</title>
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        <name>Interactive Brokers Group Inc</name>
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      <invstOrSec>
        <name>Reinsurance Group of America Inc</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>JetBlue Airways Corp</name>
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        <name>Terex Corp</name>
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        <name>nVent Electric PLC</name>
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        <name>Vicor Corp</name>
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        <name>Primerica Inc</name>
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        <name>CDK Global Inc</name>
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        <name>Sprouts Farmers Market Inc</name>
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        <name>Donaldson Co Inc</name>
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        <name>Western Union Co/The</name>
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        <name>Ollie's Bargain Outlet Holdings Inc</name>
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        <name>Owens Corning</name>
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        <name>KBR Inc</name>
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        <name>H&amp;R Block Inc</name>
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        <name>First American Financial Corp</name>
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      <invstOrSec>
        <name>Power Integrations Inc</name>
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        <name>Olin Corp</name>
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      <invstOrSec>
        <name>Belden Inc</name>
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        <name>New York Community Bancorp Inc</name>
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        <name>Affiliated Managers Group Inc</name>
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        <name>Associated Banc-Corp</name>
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        <name>Under Armour Inc</name>
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        <name>Cirrus Logic Inc</name>
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        <name>Tandem Diabetes Care Inc</name>
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        <name>Capri Holdings Ltd</name>
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        <name>Bread Financial Holdings Inc</name>
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        <name>MillerKnoll Inc</name>
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        <name>Coty Inc</name>
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        <name>Prosperity Bancshares Inc</name>
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        <name>Lithia Motors Inc</name>
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        <name>Helen of Troy Ltd</name>
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        <name>First Horizon Corp</name>
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        <name>Under Armour Inc</name>
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        <name>Worthington Industries Inc</name>
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        <name>AGCO Corp</name>
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        <name>Casey's General Stores Inc</name>
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        <name>TD SYNNEX Corp</name>
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        <name>Churchill Downs Inc</name>
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        <name>Inari Medical Inc</name>
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        <name>Brighthouse Financial Inc</name>
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        <name>Manhattan Associates Inc</name>
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        <name>Energizer Holdings Inc</name>
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        <name>Scotts Miracle-Gro Co/The</name>
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        <name>MGIC Investment Corp</name>
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        <name>Lincoln Electric Holdings Inc</name>
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        <name>Maximus Inc</name>
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        <name>Fox Factory Holding Corp</name>
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        <name>Synovus Financial Corp</name>
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        <name>Tempur Sealy International Inc</name>
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        <name>CNO Financial Group Inc</name>
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        <name>NuVasive Inc</name>
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        <name>Kemper Corp</name>
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        <name>Range Resources Corp</name>
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        <name>Wintrust Financial Corp</name>
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        <name>First Financial Bankshares Inc</name>
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        <name>Halozyme Therapeutics Inc</name>
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      <invstOrSec>
        <name>TripAdvisor Inc</name>
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        <name>GXO Logistics Inc</name>
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        <name>Iridium Communications Inc</name>
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        <name>Brink's Co/The</name>
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        <name>Vontier Corp</name>
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        <name>American Eagle Outfitters Inc</name>
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        <name>MasTec Inc</name>
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        <name>Rayonier Inc</name>
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        <name>DT Midstream Inc</name>
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        <name>Toll Brothers Inc</name>
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        <name>Woodward Inc</name>
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        <name>Chemours Co/The</name>
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        <name>BJ's Wholesale Club Holdings Inc</name>
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        <name>United Therapeutics Corp</name>
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        <name>BlackRock Funds III</name>
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        <name>Sailpoint Technologies Holdings Inc</name>
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        <name>Physicians Realty Trust</name>
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        <name>Targa Resources Corp</name>
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        <name>Penumbra Inc</name>
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        <name>Kohl's Corp</name>
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        <name>Regal Rexnord Corp</name>
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        <name>Service Corp International/US</name>
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        <name>Axon Enterprise Inc</name>
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        <name>UMB Financial Corp</name>
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        <name>Kite Realty Group Trust</name>
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        <name>Watts Water Technologies Inc</name>
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        <name>AECOM</name>
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        <name>Wingstop Inc</name>
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        <name>Williams-Sonoma Inc</name>
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        <name>Wendy's Co/The</name>
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        <name>STAAR Surgical Co</name>
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        <name>Saia Inc</name>
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        <name>JBG SMITH Properties</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fluor Corp</name>
        <lei>CQ7WZ4NOFWT7FAE6Q943</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kennametal Inc</name>
        <lei>549300GZDSG25XUV0Y08</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Integra LifeSciences Holdings Corp</name>
        <lei>WB7IJCYY8YFTENS4O147</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lamar Advertising Co</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>World Wrestling Entertainment Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brixmor Property Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EMCOR Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>John Wiley &amp; Sons Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Greif Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dick's Sporting Goods Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pilgrim's Pride Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LivaNova PLC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Universal Display Corp</name>
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        <name>Calix Inc</name>
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        <name>Corporate Office Properties Trust</name>
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        <name>American Campus Communities Inc</name>
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        <name>Marriott Vacations Worldwide Corp</name>
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        <name>Simpson Manufacturing Co Inc</name>
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        <name>ASGN Inc</name>
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        <name>Flowserve Corp</name>
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        <name>Eagle Materials Inc</name>
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        <name>Steel Dynamics Inc</name>
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        <name>Grocery Outlet Holding Corp</name>
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      <invstOrSec>
        <name>Selective Insurance Group Inc</name>
        <lei>549300R3WGJWLE40R258</lei>
        <title>Selective Insurance Group Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Brunswick Corp/DE</name>
        <lei>YM4O38W15AX4YLLQKU27</lei>
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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 Financial Group Inc/OH</name>
        <lei>549300AFOM7IVKIU1G39</lei>
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          <isin value="US0259321042"/>
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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>Crane Holdings Co</name>
        <lei>N/A</lei>
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          <isin value="US2244411052"/>
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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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      </invstOrSec>
      <invstOrSec>
        <name>Portland General Electric Co</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>Portland General Electric Co</title>
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          <isin value="US7365088472"/>
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        <balance>2560377.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EPR Properties</name>
        <lei>549300YSSXFHMPOWZ492</lei>
        <title>EPR Properties</title>
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          <isin value="US26884U1097"/>
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        <balance>2148920.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Douglas Emmett Inc</name>
        <lei>N/A</lei>
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          <isin value="US25960P1093"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerConditional desc="corporate" issuerCat="OTHER"/>
        <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>
      <invstOrSec>
        <name>Stericycle Inc</name>
        <lei>B8PTJH2P0AXSWSMP2136</lei>
        <title>Stericycle Inc</title>
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          <isin value="US8589121081"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="21514739.40000000"/>
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      <invstOrSec>
        <name>Post Holdings Inc</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings Inc</title>
        <cusip>737446104</cusip>
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          <isin value="US7374461041"/>
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        <balance>1606987.00000000</balance>
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        <curCd>USD</curCd>
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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>
          <loanByFundCondition isLoanByFund="Y" loanVal="3086725.05000000"/>
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      <invstOrSec>
        <name>Carlisle Cos Inc</name>
        <lei>XR64VGX1ZPX6G7ZN7Z11</lei>
        <title>Carlisle Cos Inc</title>
        <cusip>142339100</cusip>
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          <isin value="US1423391002"/>
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        <balance>1484257.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>354158562.77000000</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="715830.00000000"/>
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      <invstOrSec>
        <name>Perrigo Co PLC</name>
        <lei>549300IFOQS6R1QLY196</lei>
        <title>Perrigo Co PLC</title>
        <cusip>000000000</cusip>
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          <isin value="IE00BGH1M568"/>
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        <balance>3869169.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>156972186.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GATX Corp</name>
        <lei>549300IHYHCQP2PIR591</lei>
        <title>GATX Corp</title>
        <cusip>361448103</cusip>
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          <isin value="US3614481030"/>
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        <balance>1019397.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>95986421.52000000</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1854952.00000000"/>
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      <invstOrSec>
        <name>RLI Corp</name>
        <lei>529900AMTJE5ECN9PS55</lei>
        <title>RLI Corp</title>
        <cusip>749607107</cusip>
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        <units>NS</units>
        <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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NewMarket Corp</name>
        <lei>54930082CG88ERDREQ47</lei>
        <title>NewMarket Corp</title>
        <cusip>651587107</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>Kirby Corp</name>
        <lei>I7NO6FZO5GUCG585T325</lei>
        <title>Kirby 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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      <invstOrSec>
        <name>Vishay Intertechnology Inc</name>
        <lei>5493009O8F3QQJTCQR75</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Globus Medical Inc</name>
        <lei>5299003M2P4CIK0RF205</lei>
        <title>Globus Medical Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Texas Roadhouse Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Skechers USA Inc</name>
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        <title>Skechers USA Inc</title>
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        <name>Life Storage Inc</name>
        <lei>W9EE01AFDDF9DQCQZC68</lei>
        <title>Life Storage Inc</title>
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      <invstOrSec>
        <name>Janus Henderson Group PLC</name>
        <lei>2138009WPYMWJN3RVF44</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>JE</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Sabra Health Care REIT Inc</name>
        <lei>549300E3BC7GU7TAZ621</lei>
        <title>Sabra Health Care REIT Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Callaway Golf Co</name>
        <lei>5493005UB0KFRKBPCU72</lei>
        <title>Callaway Golf Co</title>
        <cusip>131193104</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>Pebblebrook Hotel Trust</name>
        <lei>5493004Q1NNH6JXCSI52</lei>
        <title>Pebblebrook Hotel Trust</title>
        <cusip>70509V100</cusip>
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        <balance>3782640.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>OGE Energy Corp</name>
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        <name>Dycom Industries Inc</name>
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        <name>First Industrial Realty Trust Inc</name>
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        <name>Home BancShares Inc/AR</name>
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        <name>IPG Photonics Corp</name>
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        <name>Unum Group</name>
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        <name>Spirit Realty Capital Inc</name>
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        <name>Knight-Swift Transportation Holdings Inc</name>
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        <name>Silgan Holdings Inc</name>
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      <invstOrSec>
        <name>AutoNation Inc</name>
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      <invstOrSec>
        <name>East West Bancorp Inc</name>
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      <invstOrSec>
        <name>Pinnacle Financial Partners Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Equitrans Midstream Corp</name>
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        <name>Xerox Holdings Corp</name>
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      <invstOrSec>
        <name>Lumentum Holdings Inc</name>
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        <name>Ziff Davis Inc</name>
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        <name>PNM Resources Inc</name>
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        <name>Murphy Oil Corp</name>
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        <name>Macerich Co/The</name>
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        <name>Cognex Corp</name>
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        <name>Paylocity Holding Corp</name>
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        <name>II-VI Inc</name>
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        <name>Littelfuse Inc</name>
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        <name>Werner Enterprises Inc</name>
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        <name>Antero Midstream Corp</name>
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        <name>SLM Corp</name>
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        <name>Patterson Cos Inc</name>
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        <name>Envista Holdings Corp</name>
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        <name>Essential Utilities Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Curtiss-Wright Corp</name>
        <lei>TEL51ETZWP7D0ZM4X325</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PotlatchDeltic Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cathay General Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Watsco Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Middleby Corp/The</name>
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      <invstOrSec>
        <name>Foot Locker Inc</name>
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        <name>Louisiana-Pacific Corp</name>
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      <invstOrSec>
        <name>YETI Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HF Sinclair Corp</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>Nordstrom Inc</name>
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        <name>Taylor Morrison Home Corp</name>
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        <name>Graham Holdings Co</name>
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        <name>ITT Inc</name>
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        <name>Shockwave Medical Inc</name>
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        <name>Jazz Pharmaceuticals PLC</name>
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        <name>Avnet Inc</name>
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        <name>First Solar Inc</name>
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        <name>Chemed Corp</name>
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        <name>ONE Gas Inc</name>
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        <name>Cullen/Frost Bankers Inc</name>
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        <name>Umpqua Holdings Corp</name>
        <lei>5299002ENJ7CY215BW86</lei>
        <title>Umpqua Holdings Corp</title>
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        <name>Carter's Inc</name>
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        <name>Voya Financial Inc</name>
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        <name>Columbia Sportswear Co</name>
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        <name>National Storage Affiliates Trust</name>
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        <name>Healthcare Realty Trust Inc</name>
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        <name>Boyd Gaming Corp</name>
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        <name>Kilroy Realty Corp</name>
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        <name>Federated Hermes Inc</name>
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        <name>Option Care Health Inc</name>
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        <name>Cleveland-Cliffs Inc</name>
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        <name>MKS Instruments Inc</name>
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        <name>Goldman Sachs &amp; Co.</name>
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        <name>LHC Group Inc</name>
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        <name>Science Applications International Corp</name>
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        <name>Wolfspeed Inc</name>
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        <name>Acadia Healthcare Co Inc</name>
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        <name>MDU Resources Group Inc</name>
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        <name>Sabre Corp</name>
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        <name>Envestnet Inc</name>
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        <name>Texas Capital Bancshares Inc</name>
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        <name>RH</name>
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        <name>Fulton Financial Corp</name>
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        <name>Tenet Healthcare Corp</name>
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        <name>Azenta Inc</name>
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        <name>IDACORP Inc</name>
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        <name>ALLETE Inc</name>
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        <name>Neurocrine Biosciences Inc</name>
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        <name>Webster Financial Corp</name>
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        <name>Sonoco Products Co</name>
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        <name>HealthEquity Inc</name>
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        <name>Five Below Inc</name>
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      <invstOrSec>
        <name>Masimo Corp</name>
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      <invstOrSec>
        <name>Silicon Laboratories Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>XPO Logistics Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cadence Bank</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MSC Industrial Direct Co Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kinsale Capital Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SiTime Corp</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Leggett &amp; Platt Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CACI International Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>National Retail Properties Inc</name>
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      <invstOrSec>
        <name>Matador Resources Co</name>
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        <name>Commercial Metals Co</name>
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      <invstOrSec>
        <name>RPM International Inc</name>
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        <name>Choice Hotels International Inc</name>
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        <name>EastGroup Properties Inc</name>
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        <name>Minerals Technologies Inc</name>
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        <name>Haemonetics Corp</name>
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        <name>TEGNA Inc</name>
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        <name>Commerce Bancshares Inc/MO</name>
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        <name>Apartment Income REIT Corp</name>
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        <name>GameStop Corp</name>
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        <name>Lennox International Inc</name>
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        <name>Builders FirstSource Inc</name>
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        <name>Jefferies Financial Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>ICU Medical Inc</name>
        <lei>5493003NRW7LS2QZRH60</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES</name>
        <lei>5493008LW2651I1QB503</lei>
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          <isin value="US0669224778"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Medical Properties Trust Inc</name>
        <lei>254900U6E39J1MQCCY14</lei>
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          <isin value="US58463J3041"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enovis Corp</name>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PS Business Parks Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Times Co/The</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alcoa Corp</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Univar Solutions Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Murphy USA Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CommVault Systems Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Clean Harbors Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Boston Beer Co Inc/The</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Glacier Bancorp Inc</name>
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        <name>Harley-Davidson Inc</name>
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        <name>Visteon Corp</name>
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        <name>Hexcel Corp</name>
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        <name>Gap Inc/The</name>
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        <name>QuidelOrtho Corp</name>
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        <name>Deckers Outdoor Corp</name>
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        <name>Encompass Health Corp</name>
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        <name>Rexford Industrial Realty Inc</name>
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        <name>SL Green Realty Corp</name>
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        <name>CNX Resources Corp</name>
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        <title>CNX Resources Corp</title>
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        <name>Wyndham Hotels &amp; Resorts Inc</name>
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        <title>Wyndham Hotels &amp; Resorts Inc</title>
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        <name>Mercury Systems Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sotera Health Co</name>
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        <name>Bank of Hawaii Corp</name>
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        <name>Valley National Bancorp</name>
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        <name>Cousins Properties Inc</name>
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        <name>Coherent Inc</name>
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        <name>TopBuild Corp</name>
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        <name>Graco Inc</name>
        <lei>4T5VJ4S81BRT6Q7GGT78</lei>
        <title>Graco Inc</title>
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      </invstOrSec>
      <invstOrSec>
        <name>Reliance Steel &amp; Aluminum Co</name>
        <lei>549300E287ZOFT3C5Z56</lei>
        <title>Reliance Steel &amp; Aluminum Co</title>
        <cusip>759509102</cusip>
        <identifiers>
          <isin value="US7595091023"/>
        </identifiers>
        <balance>1778033.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>302016685.38000000</valUSD>
        <pctVal>0.541599329660</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>Old Republic International Corp</name>
        <lei>N/A</lei>
        <title>Old Republic International Corp</title>
        <cusip>680223104</cusip>
        <identifiers>
          <isin value="US6802231042"/>
        </identifiers>
        <balance>8219223.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>183781826.28000000</valUSD>
        <pctVal>0.329571572484</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>Park Hotels &amp; Resorts Inc</name>
        <lei>5493005UZ5TQN0H6HS73</lei>
        <title>Park Hotels &amp; Resorts Inc</title>
        <cusip>700517105</cusip>
        <identifiers>
          <isin value="US7005171050"/>
        </identifiers>
        <balance>6710594.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>91062760.58000000</valUSD>
        <pctVal>0.163300679977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="corporate" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="214406.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FTI Consulting Inc</name>
        <lei>549300K17GM8EQD0FQ48</lei>
        <title>FTI Consulting Inc</title>
        <cusip>302941109</cusip>
        <identifiers>
          <isin value="US3029411093"/>
        </identifiers>
        <balance>987927.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>178666597.95000000</valUSD>
        <pctVal>0.320398555334</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="33350367.65000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KB Home</name>
        <lei>549300LGUCWQURMWLG09</lei>
        <title>KB Home</title>
        <cusip>48666K109</cusip>
        <identifiers>
          <isin value="US48666K1097"/>
        </identifiers>
        <balance>2494529.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>70994295.34000000</valUSD>
        <pctVal>0.127312379173</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>PacWest Bancorp</name>
        <lei>549300YI8VMFO7G36V04</lei>
        <title>PacWest Bancorp</title>
        <cusip>695263103</cusip>
        <identifiers>
          <isin value="US6952631033"/>
        </identifiers>
        <balance>3377197.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>90036072.02000000</valUSD>
        <pctVal>0.161459543832</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>Genpact Ltd</name>
        <lei>529900OSEC6Q0L4L5B35</lei>
        <title>Genpact Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG3922B1072"/>
        </identifiers>
        <balance>4886564.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>206994851.04000000</valUSD>
        <pctVal>0.371198936990</pctVal>
        <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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ingevity Corp</name>
        <lei>5493009UTFC4B5IMGF87</lei>
        <title>Ingevity Corp</title>
        <cusip>45688C107</cusip>
        <identifiers>
          <isin value="US45688C1071"/>
        </identifiers>
        <balance>1114286.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>70356018.04000000</valUSD>
        <pctVal>0.126167771691</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="183106.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hanover Insurance Group Inc/The</name>
        <lei>JJYR6MFKFF6CF8DBZ078</lei>
        <title>Hanover Insurance Group Inc/The</title>
        <cusip>410867105</cusip>
        <identifiers>
          <isin value="US4108671052"/>
        </identifiers>
        <balance>1023417.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>149674736.25000000</valUSD>
        <pctVal>0.268408140160</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="7236011.25000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aspen Technology Inc</name>
        <lei>529900B0MZWTVFG7CB96</lei>
        <title>Aspen Technology Inc</title>
        <cusip>29109X106</cusip>
        <identifiers>
          <isin value="US29109X1063"/>
        </identifiers>
        <balance>805106.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>147881870.08000000</valUSD>
        <pctVal>0.265193035952</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>RenaissanceRe Holdings Ltd</name>
        <lei>EK6GB9U3U58PDI411C94</lei>
        <title>RenaissanceRe Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG7496G1033"/>
        </identifiers>
        <balance>1270696.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>198698733.52000000</valUSD>
        <pctVal>0.356321707006</pctVal>
        <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>
          <loanByFundCondition isLoanByFund="Y" loanVal="672391.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Fuel Gas Co</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>National Fuel Gas Co</title>
        <cusip>636180101</cusip>
        <identifiers>
          <isin value="US6361801011"/>
        </identifiers>
        <balance>2621368.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>173141356.40000000</valUSD>
        <pctVal>0.310490271240</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>Arrow Electronics Inc</name>
        <lei>549300YNNLBXT8N8R512</lei>
        <title>Arrow Electronics Inc</title>
        <cusip>042735100</cusip>
        <identifiers>
          <isin value="US0427351004"/>
        </identifiers>
        <balance>1898863.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>212843553.67000000</valUSD>
        <pctVal>0.381687276136</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="739794.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BellRing Brands Inc</name>
        <lei>549300S3BOK5CMTS8054</lei>
        <title>BellRing Brands Inc</title>
        <cusip>07831C103</cusip>
        <identifiers>
          <isin value="US07831C1036"/>
        </identifiers>
        <balance>3136852.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78076246.28000000</valUSD>
        <pctVal>0.140012273144</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="3977422.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEI Investments Co</name>
        <lei>5LJTIFADGZ6XH1RVOC11</lei>
        <title>SEI Investments Co</title>
        <cusip>784117103</cusip>
        <identifiers>
          <isin value="US7841171033"/>
        </identifiers>
        <balance>2996520.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>161872010.40000000</valUSD>
        <pctVal>0.290281221427</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="756280.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SunPower Corp</name>
        <lei>549300TXO070764WUH65</lei>
        <title>SunPower Corp</title>
        <cusip>867652406</cusip>
        <identifiers>
          <isin value="US8676524064"/>
        </identifiers>
        <balance>2383292.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>37679846.52000000</valUSD>
        <pctVal>0.067570371455</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="4329521.07000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Timken Co/The</name>
        <lei>B0I35MLPFXZSE70ASS73</lei>
        <title>Timken Co/The</title>
        <cusip>887389104</cusip>
        <identifiers>
          <isin value="US8873891043"/>
        </identifiers>
        <balance>1939776.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>102905116.80000000</valUSD>
        <pctVal>0.184537295373</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>
    <explntrNotes>
      <explntrNote note="IJH-HSC (HSBC Bank plc): The Fund receives the total return on a portfolio of long positions underlying the total return swap. The Fund pays the total return on a portfolio of short positions underlying the total return swap. In addition, the Fund pays or receives a variable rate of interest, based on a specified benchmark, plus or minus a spread of 65 basis points. The benchmark and spread are determined based upon the country and/or currency of the individual underlying positions. The following are the specified benchmarks used in determining the variable rate of interest: USD - 1D Overnight Bank Funding Rate (OBFR01)" noteItem="C.11.f.i.1"/>
      <explntrNote note="IJH-JMC (JPMorgan Chase Bank NA): The Fund receives the total return on a portfolio of long positions underlying the total return swap. The Fund pays the total return on a portfolio of short positions underlying the total return swap. In addition, the Fund pays or receives a variable rate of interest, based on a specified benchmark, plus or minus a spread of 65 basis points. The benchmark and spread are determined based upon the country and/or currency of the individual underlying positions. The following are the specified benchmarks used in determining the variable rate of interest: USD - 1D Overnight Bank Funding Rate (OBFR01)" noteItem="C.11.f.i.1"/>

      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
      <explntrNote note="IJH-GSC (Goldman Sachs Bank USA): The Fund receives the total return on a portfolio of long positions underlying the total return swap. The Fund pays the total return on a portfolio of short positions underlying the total return swap. In addition, the Fund pays or receives a variable rate of interest, based on a specified benchmark, plus or minus a spread of 20 basis points. The benchmark and spread are determined based upon the country and/or currency of the individual underlying positions. The following are the specified benchmarks used in determining the variable rate of interest: USD - 1D Overnight Fed Funds Effective Rate (FEDL01)" noteItem="C.11.f.i.1"/>

      <explntrNote note="IBORs are undergoing a change as regulators and industry groups have recommended that firms consider adoption of alternative, overnight risk-free rates (RFRs). Floating rate swap terms reflected as Libors may be using the RFR to calculate the actual rate." noteItem="C.11.f.i.2"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-07-29</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares Trust</ncom:nameOfApplicant>
      <ncom:signature>Ann Frechette</ncom:signature>
      <ncom:signerName>Ann Frechette</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
