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        <name>National Bankshares, Inc.</name>
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        <name>Third Coast Bancshares, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Applied Therapeutics, Inc.</name>
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        <name>MannKind Corp.</name>
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        <title>MannKind Corp.</title>
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        <name>Vor BioPharma, Inc.</name>
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        <name>NextCure, Inc.</name>
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        <name>Thermon Group Holdings, Inc.</name>
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        <name>Radius Recycling, Inc.</name>
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        <name>Neurogene, Inc.</name>
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        <name>US Goldmining, Inc.</name>
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        <name>Oncology Institute, Inc. (The)</name>
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        <name>Marker Therapeutics, Inc.</name>
        <lei>549300ZJ2JUDG0FI5Y49</lei>
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        <name>Oak Valley Bancorp</name>
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        <name>Envirotech Vehicles, Inc.</name>
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        <name>Enliven Therapeutics, Inc.</name>
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        <name>American Realty Investors, Inc.</name>
        <lei>N/A</lei>
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        <name>Biote Corp.</name>
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        <name>International Money Express, Inc.</name>
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        <name>Oil-Dri Corp. of America</name>
        <lei>549300RSG5KPUH16WH66</lei>
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        <name>Beachbody Co., Inc. (The)</name>
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        <name>West BanCorp, Inc.</name>
        <lei>549300GKFOINCHIYU666</lei>
        <title>West BanCorp, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Holley, Inc.</name>
        <lei>254900EEM9JI9G1A4D88</lei>
        <title>Holley, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Timberland Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Timberland Bancorp, Inc.</title>
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        <name>Old Market Capital Corp.</name>
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        <name>Optinose, Inc.</name>
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        </securityLending>
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        <name>Outset Medical, Inc.</name>
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        <name>ATN International, Inc.</name>
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        <name>LINKBANCORP, Inc.</name>
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        <name>Passage Bio, Inc.</name>
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        <name>NewtekOne, Inc.</name>
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        <name>Athira Pharma, Inc.</name>
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        <name>US Energy Corp.</name>
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        <title>US Energy Corp.</title>
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        <name>Solid Biosciences, Inc.</name>
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        <name>Equity Bancshares, Inc.</name>
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        <name>Silvaco Group, Inc.</name>
        <lei>89450009UUSWTJL6DP68</lei>
        <title>Silvaco Group, Inc.</title>
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        <name>Southern First Bancshares, Inc.</name>
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        <name>Battalion Oil Corp.</name>
        <lei>3XHTN2NNIMMPORDAMJ28</lei>
        <title>Battalion Oil Corp.</title>
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        <name>Cerus Corp.</name>
        <lei>254900BIEY9XIDA04Q21</lei>
        <title>Cerus Corp.</title>
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        <name>Universal Logistics Holdings, Inc.</name>
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        <name>Culp, Inc.</name>
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        <name>TrueBlue, Inc.</name>
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        <name>Rimini Street, Inc.</name>
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        <name>D-Wave Quantum, Inc.</name>
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        <name>ORIC Pharmaceuticals, Inc.</name>
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        <name>Ethan Allen Interiors, Inc.</name>
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        <name>Intrepid Potash, Inc.</name>
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        <name>Daktronics, Inc.</name>
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        <name>Red Cat Holdings, Inc.</name>
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        <name>N/A</name>
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        <name>Tango Therapeutics, Inc.</name>
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        <name>Ares Commercial Real Estate Corp.</name>
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        <name>Aviat Networks, Inc.</name>
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        <name>Neuronetics, Inc.</name>
        <lei>549300T0911ILTTG7P06</lei>
        <title>Neuronetics, Inc.</title>
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      <invstOrSec>
        <name>Stoneridge, Inc.</name>
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      <invstOrSec>
        <name>Greene County Bancorp, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>inTEST Corp.</name>
        <lei>549300RJJBPHDOAVDU15</lei>
        <title>inTEST Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ProPhase Labs, Inc.</name>
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        <name>4D Molecular Therapeutics, Inc.</name>
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        <name>Savara, Inc.</name>
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        <name>TrueCar, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Core Scientific, Inc.</name>
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      <invstOrSec>
        <name>Climb Global Solutions, Inc.</name>
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      <invstOrSec>
        <name>Home Federal Bancorp, Inc. of Louisiana</name>
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      <invstOrSec>
        <name>aka Brands Holding Corp.</name>
        <lei>N/A</lei>
        <title>aka Brands Holding 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>Intellicheck, Inc.</name>
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        <title>Intellicheck, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SpartanNash Co.</name>
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        <title>SpartanNash Co.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Stoke Therapeutics, Inc.</name>
        <lei>549300RD25SS2DIJHJ67</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Citizens, Inc.</name>
        <lei>549300Z39SMLUE3VF522</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lyra Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Lyra Therapeutics, Inc.</title>
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        <name>ACELYRIN, Inc.</name>
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        <name>HarborOne Bancorp, Inc.</name>
        <lei>549300CNOEY2QUB7F917</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Great Lakes Dredge &amp; Dock Corp.</name>
        <lei>549300H65E3MZ1CX0P05</lei>
        <title>Great Lakes Dredge &amp; Dock Corp.</title>
        <cusip>390607109</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Generation Bio Co.</name>
        <lei>N/A</lei>
        <title>Generation Bio Co.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Landmark Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Landmark Bancorp, Inc.</title>
        <cusip>51504L107</cusip>
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          <isin value="US51504L1070"/>
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        <balance>10996.00000000</balance>
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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>908 Devices, Inc.</name>
        <lei>N/A</lei>
        <title>908 Devices, Inc.</title>
        <cusip>65443P102</cusip>
        <identifiers>
          <isin value="US65443P1021"/>
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        <balance>53776.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <loanByFundCondition isLoanByFund="Y" loanVal="238506.24000000"/>
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      <invstOrSec>
        <name>Lexeo Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Lexeo Therapeutics, Inc.</title>
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        <name>Invivyd, Inc.</name>
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        <name>Boston Omaha Corp.</name>
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        <name>Vita Coco Co., Inc. (The)</name>
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        <name>Lake Shore Bancorp, Inc.</name>
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        <name>KORU Medical Systems, Inc.</name>
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        <name>Research Solutions, Inc.</name>
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        <name>Mercantile Bank Corp.</name>
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        <name>Full House Resorts, Inc.</name>
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        <name>Northwest Pipe Co.</name>
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        <name>Bayfirst Financial Corp.</name>
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        <name>Camden National Corp.</name>
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        <name>WideOpenWest, Inc.</name>
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        <name>Mammoth Energy Services, Inc.</name>
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        <name>Rein Therapeutics, Inc.</name>
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        <title>Rein Therapeutics, Inc.</title>
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        <name>Elevation Oncology, Inc.</name>
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        <title>Elevation Oncology, Inc.</title>
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        <name>FRP Holdings, Inc.</name>
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        <title>FRP Holdings, Inc.</title>
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        <name>WM Technology, Inc.</name>
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        <name>Celularity, Inc.</name>
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      <invstOrSec>
        <name>Citizens &amp; Northern Corp.</name>
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      <invstOrSec>
        <name>First National Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Franklin Covey Co.</name>
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          <isin value="US3534691098"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Forge Global Holdings, Inc.</name>
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      <invstOrSec>
        <name>Greenwich Lifesciences, Inc.</name>
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        <name>Sight Sciences, Inc.</name>
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        <name>Vuzix Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kopin Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Alumis, Inc.</name>
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        <name>Mega Matrix, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>System1, Inc.</name>
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        <name>Maxeon Solar Technologies Ltd.</name>
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        <title>Maxeon Solar Technologies Ltd.</title>
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        <invCountry>SG</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Manhattan Bridge Capital, Inc.</name>
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        <name>Quantum-Si, Inc.</name>
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        <name>America's Car-Mart, Inc.</name>
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        <name>Universal Health Realty Income Trust</name>
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        <title>Universal Health Realty Income Trust</title>
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        <name>Financial Institutions, Inc.</name>
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        <name>Spero Therapeutics, Inc.</name>
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        <title>Spero Therapeutics, Inc.</title>
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        <name>First Bank</name>
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        <title>First Bank</title>
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        <name>Contango ORE, Inc.</name>
        <lei>254900PFYX4KDRISX581</lei>
        <title>Contango ORE, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Nine Energy Service, Inc.</name>
        <lei>549300KRLJCZBPZMKT65</lei>
        <title>Nine Energy Service, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Blue Ridge Bankshares, Inc.</name>
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        <title>Blue Ridge Bankshares, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Gannett Co., Inc.</name>
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        <title>Gannett Co., Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Wrap Technologies, Inc.</name>
        <lei>N/A</lei>
        <title>Wrap Technologies, Inc.</title>
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          <isin value="US98212N1072"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Solid Power, Inc.</name>
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          <isin value="US83422N1054"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Sterling Bancorp, Inc.</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>89bio, Inc.</name>
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        <title>89bio, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Utah Medical Products, Inc.</name>
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          <isin value="US9174881089"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hycroft Mining Holding Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Viemed Healthcare, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>REX American Resources Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cibus, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>California Bancorp</name>
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        <title>California Bancorp</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Regional Management Corp.</name>
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        <title>Regional Management Corp.</title>
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        <name>Arteris, Inc.</name>
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        <name>ADTRAN Holdings, Inc.</name>
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        <title>ADTRAN Holdings, Inc.</title>
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        <name>Village Bank and Trust Financial Corp.</name>
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        <name>Amylyx Pharmaceuticals, Inc.</name>
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        <name>Tilly's, Inc.</name>
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        <name>PAMT Corp.</name>
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        <name>El Pollo Loco Holdings, Inc.</name>
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        <title>El Pollo Loco Holdings, Inc.</title>
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        <name>SoundThinking, Inc.</name>
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        <title>SoundThinking, Inc.</title>
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        <name>BlackSky Technology, Inc.</name>
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        <title>BlackSky Technology, Inc., Class A</title>
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        <name>Mineralys Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Mineralys Therapeutics, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Westwood Holdings Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Seacoast Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>XBP Europe Holdings, Inc.</name>
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        <name>Airgain, Inc.</name>
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      <invstOrSec>
        <name>Diversified Healthcare Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MeiraGTx Holdings plc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JW Mays, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Absci Corp.</name>
        <lei>N/A</lei>
        <title>Absci 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>Liquidity Services, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mastech Digital, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Aspen Aerogels, Inc.</name>
        <lei>N/A</lei>
        <title>Aspen Aerogels, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Korro Bio, Inc.</name>
        <lei>N/A</lei>
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        <name>Solaris Energy Infrastructure, Inc.</name>
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        <title>Solaris Energy Infrastructure, Inc., Class A</title>
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        <name>Lands' End, Inc.</name>
        <lei>54930016WOL7P2P67Q43</lei>
        <title>Lands' End, Inc.</title>
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        <name>Innodata, Inc.</name>
        <lei>L9O7MPYIT56T6KBE0R95</lei>
        <title>Innodata, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Immunic, Inc.</name>
        <lei>549300R5T12FW5MEQB20</lei>
        <title>Immunic, Inc.</title>
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        <name>Century Casinos, Inc.</name>
        <lei>549300H2L4Y24HXY7M50</lei>
        <title>Century Casinos, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>AstroNova, Inc.</name>
        <lei>549300D8PFP62QX00223</lei>
        <title>AstroNova, Inc.</title>
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        <name>Trinseo plc</name>
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        <title>Trinseo plc</title>
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        <name>Princeton Bancorp, Inc.</name>
        <lei>549300ZWKMVQ4WLNLQ57</lei>
        <title>Princeton Bancorp, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Potbelly Corp.</name>
        <lei>54930027NUULUR2P5W11</lei>
        <title>Potbelly Corp.</title>
        <cusip>73754Y100</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Aerovate Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Aerovate Therapeutics, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lakeland Industries, Inc.</name>
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        <title>Lakeland Industries, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Live Ventures, Inc.</name>
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        <title>Live Ventures, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FONAR Corp.</name>
        <lei>N/A</lei>
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          <isin value="US3444374058"/>
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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>Orchid Island Capital, Inc.</name>
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          <isin value="US68571X3017"/>
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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>Oramed Pharmaceuticals, Inc.</name>
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          <isin value="US68403P2039"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MediciNova, Inc.</name>
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          <isin value="US58468P2065"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Coda Octopus Group, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US19188U2069"/>
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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>Genasys, Inc.</name>
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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>Park-Ohio Holdings Corp.</name>
        <lei>N/A</lei>
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          <isin value="US7006661000"/>
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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>Radiant Logistics, Inc.</name>
        <lei>549300HWCW2HBOG4GN20</lei>
        <title>Radiant Logistics, Inc.</title>
        <cusip>75025X100</cusip>
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          <isin value="US75025X1000"/>
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        <balance>78877.00000000</balance>
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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>OS Therapies, Inc.</name>
        <lei>N/A</lei>
        <title>OS Therapies, Inc.</title>
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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>Grid Dynamics Holdings, Inc.</name>
        <lei>9845007E77EEC65AZE29</lei>
        <title>Grid Dynamics Holdings, Inc., Class A</title>
        <cusip>39813G109</cusip>
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          <isin value="US39813G1094"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Clearfield, Inc.</name>
        <lei>529900M4S2OQ1ADPR537</lei>
        <title>Clearfield, Inc.</title>
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          <isin value="US18482P1030"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Limbach Holdings, Inc.</name>
        <lei>254900EW8KXT5ZTWQI30</lei>
        <title>Limbach Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Skye Bioscience, Inc.</name>
        <lei>5493004823BTPRPZ8750</lei>
        <title>Skye Bioscience, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Global Self Storage, Inc.</name>
        <lei>N/A</lei>
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        <name>Design Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Design Therapeutics, Inc.</title>
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        <name>Superior Group of Cos., Inc.</name>
        <lei>UOX145EEO0TB0ZWX2152</lei>
        <title>Superior Group of Cos., Inc.</title>
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        <name>IZEA Worldwide, Inc.</name>
        <lei>549300ZNN8UBT1IUHO61</lei>
        <title>IZEA Worldwide, Inc.</title>
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        <name>OptimumBank Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>OptimumBank Holdings, Inc.</title>
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      <invstOrSec>
        <name>Strattec Security Corp.</name>
        <lei>549300Z394OP8S8TSR40</lei>
        <title>Strattec Security Corp.</title>
        <cusip>863111100</cusip>
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        <name>Heritage Global, Inc.</name>
        <lei>N/A</lei>
        <title>Heritage Global, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>American Superconductor Corp.</name>
        <lei>549300S9YT8Z8LOK4452</lei>
        <title>American Superconductor Corp.</title>
        <cusip>030111207</cusip>
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        <name>Akoya Biosciences, Inc.</name>
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        <name>World Acceptance Corp.</name>
        <lei>N/A</lei>
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        <name>Pangaea Logistics Solutions Ltd.</name>
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        <name>Veru, Inc.</name>
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        <name>Energy Services of America Corp.</name>
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        <name>Titan International, Inc.</name>
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        <name>Pioneer Bancorp, Inc.</name>
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        <name>reAlpha Tech Corp.</name>
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        <name>Tarsus Pharmaceuticals, Inc.</name>
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        <name>Fundamental Global, Inc.</name>
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        <name>Groupon, Inc.</name>
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        <name>FiscalNote Holdings, Inc.</name>
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        <name>Universal Electronics, Inc.</name>
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        <name>Angel Oak Mortgage REIT, Inc.</name>
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        <name>Farmers &amp; Merchants Bancorp, Inc.</name>
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        <name>ACRES Commercial Realty Corp.</name>
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        <name>Nurix Therapeutics, Inc.</name>
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        <name>Clearside Biomedical, Inc.</name>
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        <name>Ohio Valley Banc Corp.</name>
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        <name>Perma-Pipe International Holdings, Inc.</name>
        <lei>549300QBMR25XXRKXK93</lei>
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        <name>Caribou Biosciences, Inc.</name>
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        <title>Caribou Biosciences, Inc.</title>
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        <name>Comtech Telecommunications Corp.</name>
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        <name>Root, Inc.</name>
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        <name>TETRA Technologies, Inc.</name>
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        <name>Office Properties Income Trust</name>
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        <name>Century Therapeutics, Inc.</name>
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        <name>Red Robin Gourmet Burgers, Inc.</name>
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        <name>Chemung Financial Corp.</name>
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        <name>QCR Holdings, Inc.</name>
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        <name>Immuneering Corp.</name>
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        <name>First Northwest Bancorp</name>
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        <name>SEACOR Marine Holdings, Inc.</name>
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        <name>Zedge, Inc.</name>
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        <name>Natural Grocers by Vitamin Cottage, Inc.</name>
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        <name>Guaranty Bancshares, Inc.</name>
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        <name>Hudson Technologies, Inc.</name>
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        <name>Lantronix, Inc.</name>
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        <name>EVI Industries, Inc.</name>
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        <name>Capital City Bank Group, Inc.</name>
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        <name>Entrada Therapeutics, Inc.</name>
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        <title>Entrada Therapeutics, Inc.</title>
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        <name>Alpha Teknova, Inc.</name>
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        <title>Alpha Teknova, Inc.</title>
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        <name>ReposiTrak, Inc.</name>
        <lei>5299008X1VJFCKZ94E34</lei>
        <title>ReposiTrak, Inc.</title>
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        <name>Graham Corp.</name>
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        <name>Valhi, Inc.</name>
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        <name>Cantaloupe, Inc.</name>
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        <name>Seer, Inc.</name>
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        <name>Evolv Technologies Holdings, Inc.</name>
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        <name>TechPrecision Corp.</name>
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        <name>Rayonier Advanced Materials, Inc.</name>
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        <name>Ocean Biomedical, Inc.</name>
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        <name>DXP Enterprises, Inc.</name>
        <lei>N/A</lei>
        <title>DXP Enterprises, Inc.</title>
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          <isin value="US2333774071"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Cognition Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Cognition Therapeutics, Inc.</title>
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          <isin value="US19243B1026"/>
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        <balance>71116.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Inogen, Inc.</name>
        <lei>549300J8WJIVTOJ8IH97</lei>
        <title>Inogen, Inc.</title>
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          <isin value="US45780L1044"/>
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        <balance>53708.00000000</balance>
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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>FitLife Brands, Inc.</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>Transcontinental Realty Investors, Inc.</name>
        <lei>549300A8Z1XO0M0QRS82</lei>
        <title>Transcontinental Realty Investors, Inc.</title>
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          <isin value="US8936172092"/>
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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>BlackRock Funds III</name>
        <lei>549300JDHS1T46VWOG19</lei>
        <title>BlackRock Cash Funds: Institutional, SL Agency Shares</title>
        <cusip>066922519</cusip>
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          <isin value="US0669225197"/>
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        <balance>159914898.73000000</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>
          <cashCollateralCondition cashCollateralVal="159994856.18000001" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>Mullen Automotive, Inc.</name>
        <lei>549300HXMIP6GFG42241</lei>
        <title>Mullen Automotive, Inc.</title>
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          <isin value="US62526P6043"/>
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        <balance>165.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17.33000000</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>Werewolf Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Werewolf Therapeutics, Inc.</title>
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          <isin value="US95075A1079"/>
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        <balance>69009.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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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>MarketWise, Inc.</name>
        <lei>N/A</lei>
        <title>MarketWise, Inc., Class A</title>
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          <isin value="US57064P1075"/>
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        <balance>86967.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>First Bancorp, Inc. (The)</name>
        <lei>549300V6LKROCIL7OI49</lei>
        <title>First Bancorp, Inc. (The)</title>
        <cusip>31866P102</cusip>
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          <isin value="US31866P1021"/>
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        <balance>24081.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>595282.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Aura Biosciences, Inc.</name>
        <lei>N/A</lei>
        <title>Aura Biosciences, Inc.</title>
        <cusip>05153U107</cusip>
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          <isin value="US05153U1079"/>
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        <balance>103434.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>606123.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="66475.84000000"/>
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      <invstOrSec>
        <name>CPI Card Group, Inc.</name>
        <lei>54930087HHJ1VWIJK062</lei>
        <title>CPI Card Group, Inc.</title>
        <cusip>12634H200</cusip>
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          <isin value="US12634H2004"/>
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        <balance>10840.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>316202.80000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DarioHealth Corp.</name>
        <lei>N/A</lei>
        <title>DarioHealth Corp.</title>
        <cusip>23725P209</cusip>
        <identifiers>
          <isin value="US23725P2092"/>
          <other otherDesc="Inhouse Asset ID" value="23725P209"/>
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        <balance>59441.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>36389.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="31344.58880000"/>
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      <invstOrSec>
        <name>BK Technologies Corp.</name>
        <lei>N/A</lei>
        <title>BK Technologies Corp.</title>
        <cusip>05587G203</cusip>
        <identifiers>
          <isin value="US05587G2030"/>
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        <balance>7173.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>281325.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Evans Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Evans Bancorp, Inc.</title>
        <cusip>29911Q208</cusip>
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          <isin value="US29911Q2084"/>
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        <balance>11832.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>461093.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <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>Aveanna Healthcare Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Aveanna Healthcare Holdings, Inc.</title>
        <cusip>05356F105</cusip>
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          <isin value="US05356F1057"/>
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        <balance>116614.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>632047.88000000</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>
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          <loanByFundCondition isLoanByFund="Y" loanVal="147424.00000000"/>
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      <invstOrSec>
        <name>Viridian Therapeutics, Inc.</name>
        <lei>549300C775BNYF550E70</lei>
        <title>Viridian Therapeutics, Inc.</title>
        <cusip>92790C104</cusip>
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          <isin value="US92790C1045"/>
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        <balance>167148.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2253155.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <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>Republic Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Republic Bancorp, Inc., Class A</title>
        <cusip>760281204</cusip>
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          <isin value="US7602812049"/>
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        <balance>18524.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1182201.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <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>Sound Financial Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Sound Financial Bancorp, Inc.</title>
        <cusip>83607A100</cusip>
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          <isin value="US83607A1007"/>
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        <balance>3923.00000000</balance>
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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>Shore Bancshares, Inc.</name>
        <lei>N/A</lei>
        <title>Shore Bancshares, Inc.</title>
        <cusip>825107105</cusip>
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          <isin value="US8251071051"/>
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        <balance>68585.00000000</balance>
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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>Old Second Bancorp, Inc.</name>
        <lei>549300XVJC1MPUT81C04</lei>
        <title>Old Second Bancorp, Inc.</title>
        <cusip>680277100</cusip>
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          <isin value="US6802771005"/>
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        <curCd>USD</curCd>
        <valUSD>1618439.68000000</valUSD>
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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>ClearPoint Neuro, Inc.</name>
        <lei>N/A</lei>
        <title>ClearPoint Neuro, Inc.</title>
        <cusip>18507C103</cusip>
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          <isin value="US18507C1036"/>
          <other otherDesc="Inhouse Asset ID" value="18507C103"/>
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        <balance>58344.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>693710.16000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OraSure Technologies, Inc.</name>
        <lei>529900GNNJPNM4XHXQ77</lei>
        <title>OraSure Technologies, Inc.</title>
        <cusip>68554V108</cusip>
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          <isin value="US68554V1089"/>
          <other otherDesc="Inhouse Asset ID" value="68554V108"/>
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        <balance>160419.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>540612.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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      <invstOrSec>
        <name>Applied Digital Corp.</name>
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        <name>Tandy Leather Factory, Inc.</name>
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        <name>Accuray, Inc.</name>
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        <name>NPK International, Inc.</name>
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        <name>Olema Pharmaceuticals, Inc.</name>
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        <name>SCYNEXIS, Inc.</name>
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        <name>Banco Latinoamericano de Comercio Exterior SA</name>
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        <name>Fathom Holdings, Inc.</name>
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        <name>Berry Corp.</name>
        <lei>N/A</lei>
        <title>Berry Corp.</title>
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        <name>VYNE Therapeutics, Inc.</name>
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        <name>NN, Inc.</name>
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        <name>Spruce Power Holding Corp.</name>
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        <name>SurgePays, Inc.</name>
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        <name>Karat Packaging, Inc.</name>
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        <name>Children's Place, Inc. (The)</name>
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        <name>LCNB Corp.</name>
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        <name>Industrial Logistics Properties Trust</name>
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        <name>Kingstone Cos., Inc.</name>
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        <name>MDB Capital Holdings LLC</name>
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        <title>MDB Capital Holdings LLC, Class A</title>
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        <name>InterGroup Corp. (The)</name>
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        <title>InterGroup Corp. (The)</title>
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        <name>Mid Penn Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Mid Penn Bancorp, Inc.</title>
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      <invstOrSec>
        <name>ALT5 Sigma Corp.</name>
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        <name>Standard BioTools, Inc.</name>
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        <name>MacroGenics, Inc.</name>
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        <name>Bel Fuse, Inc.</name>
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        <name>Smith &amp; Wesson Brands, Inc.</name>
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        <name>Finwise Bancorp</name>
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      <invstOrSec>
        <name>Skillsoft Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Gencor Industries, Inc.</name>
        <lei>N/A</lei>
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        <name>Medifast, Inc.</name>
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        <title>Medifast, Inc.</title>
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        <name>Richmond Mutual BanCorp, Inc.</name>
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        <name>Inovio Pharmaceuticals, Inc.</name>
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        <name>Dave, Inc.</name>
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        <name>Palatin Technologies, Inc.</name>
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        <name>Longevity Health Holdings, Inc.</name>
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        <name>Disc Medicine, Inc.</name>
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        <name>Ames National Corp.</name>
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        <name>FibroGen, Inc.</name>
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        <name>IN8bio, Inc.</name>
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        <name>AN2 Therapeutics, Inc.</name>
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        <name>Clean Energy Technologies, Inc.</name>
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        <title>Clean Energy Technologies, Inc.</title>
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        <name>Clear Channel Outdoor Holdings, Inc.</name>
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        <title>Clear Channel Outdoor Holdings, Inc.</title>
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      <invstOrSec>
        <name>CompoSecure, Inc.</name>
        <lei>N/A</lei>
        <title>CompoSecure, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        </securityLending>
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      <invstOrSec>
        <name>Colony Bankcorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kodiak Sciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rekor Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nektar Therapeutics</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MediWound Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AirSculpt Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Genco Shipping &amp; Trading Ltd.</name>
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        <title>Genco Shipping &amp; Trading Ltd.</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Forrester Research, Inc.</name>
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        <title>Forrester Research, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Richardson Electronics Ltd.</name>
        <lei>549300GOMBESVM3KKE53</lei>
        <title>Richardson Electronics Ltd.</title>
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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>Smart Sand, Inc.</name>
        <lei>549300JISW1T66DVOK23</lei>
        <title>Smart Sand, Inc.</title>
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          <isin value="US83191H1077"/>
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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>Amalgamated Financial Corp.</name>
        <lei>254900FMBXF85WQYV433</lei>
        <title>Amalgamated Financial Corp.</title>
        <cusip>022671101</cusip>
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          <isin value="US0226711010"/>
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        <balance>40484.00000000</balance>
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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>Esquire Financial Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Esquire Financial Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Amerant Bancorp, Inc.</name>
        <lei>54930071V6LIG79MTL10</lei>
        <title>Amerant Bancorp, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First of Long Island Corp. (The)</name>
        <lei>N/A</lei>
        <title>First of Long Island Corp. (The)</title>
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          <isin value="US3207341062"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Mistras Group, Inc.</name>
        <lei>5493000CMNXVLND3FU73</lei>
        <title>Mistras Group, Inc.</title>
        <cusip>60649T107</cusip>
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        <name>Maiden Holdings Ltd.</name>
        <lei>5493000GQUKNWGNXRZ91</lei>
        <title>Maiden Holdings Ltd.</title>
        <cusip>N/A</cusip>
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        <invCountry>BM</invCountry>

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        <name>Theravance Biopharma, Inc.</name>
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        <title>Theravance Biopharma, Inc.</title>
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        <invCountry>KY</invCountry>

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        <name>Celcuity, Inc.</name>
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        <title>Celcuity, Inc.</title>
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        <name>Vera Bradley, Inc.</name>
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        <title>Vera Bradley, Inc.</title>
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        <name>Consensus Cloud Solutions, Inc.</name>
        <lei>N/A</lei>
        <title>Consensus Cloud Solutions, Inc.</title>
        <cusip>20848V105</cusip>
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        <name>ON24, Inc.</name>
        <lei>254900S6S9YKYTO9Q964</lei>
        <title>ON24, Inc.</title>
        <cusip>68339B104</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Biglari Holdings, Inc.</name>
        <lei>549300GLWWSODF8TM682</lei>
        <title>Biglari Holdings, Inc., Class B</title>
        <cusip>08986R309</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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        <name>CalciMedica, Inc.</name>
        <lei>N/A</lei>
        <title>CalciMedica, Inc.</title>
        <cusip>38942Q202</cusip>
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        <balance>14445.00000000</balance>
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        <valUSD>27589.95000000</valUSD>
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      <invstOrSec>
        <name>Surrozen, Inc.</name>
        <lei>N/A</lei>
        <title>Surrozen, Inc.</title>
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      <invstOrSec>
        <name>Commercial Vehicle Group, Inc.</name>
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        <title>Commercial Vehicle Group, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Innovative Solutions and Support, Inc.</name>
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        <title>Innovative Solutions &amp; Support, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ultralife Corp.</name>
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        <title>Ultralife Corp.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Roadzen, Inc.</name>
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        <title>Roadzen, Inc.</title>
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          <isin value="VGG7606H1082"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Reading International, Inc.</name>
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          <isin value="US7554081015"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>ModivCare, Inc.</name>
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        <title>ModivCare, Inc.</title>
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          <isin value="US60783X1046"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Carter Bankshares, Inc.</name>
        <lei>N/A</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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      <invstOrSec>
        <name>Pro-Dex, Inc.</name>
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        <balance>4254.00000000</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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      <invstOrSec>
        <name>Nextdoor Holdings, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US65345M1080"/>
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        <balance>384324.00000000</balance>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bank First Corp.</name>
        <lei>N/A</lei>
        <title>Bank First Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Emerald Holding, Inc.</name>
        <lei>N/A</lei>
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        <name>Orion Properties, Inc.</name>
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        <title>Orion Office REIT, Inc.</title>
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      <invstOrSec>
        <name>iRadimed Corp.</name>
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        <title>iRadimed Corp.</title>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>ADC Therapeutics SA</name>
        <lei>N/A</lei>
        <title>ADC Therapeutics SA</title>
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        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Wag! Group Co.</name>
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      <invstOrSec>
        <name>NET Lease Office Properties</name>
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      <invstOrSec>
        <name>Ooma, Inc.</name>
        <lei>N/A</lei>
        <title>Ooma, Inc.</title>
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        <name>Hyster-Yale, Inc.</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Community West Bancshares</name>
        <lei>N/A</lei>
        <title>Community West Bancshares</title>
        <cusip>203937107</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TrustCo Bank Corp.</name>
        <lei>N/A</lei>
        <title>TrustCo Bank Corp.</title>
        <cusip>898349204</cusip>
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          <isin value="US8983492047"/>
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        <balance>41535.00000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Contineum Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Contineum Therapeutics, Inc., Class A</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>InfuSystem Holdings, Inc.</name>
        <lei>549300F58N8PHJ4QUI59</lei>
        <title>InfuSystem Holdings, Inc.</title>
        <cusip>45685K102</cusip>
        <identifiers>
          <isin value="US45685K1025"/>
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        <balance>44263.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>238134.94000000</valUSD>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>WaVe Life Sciences Ltd.</name>
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      <invstOrSec>
        <name>SmartRent, Inc.</name>
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      <invstOrSec>
        <name>Q32 Bio, Inc.</name>
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      <invstOrSec>
        <name>Kimball Electronics, Inc.</name>
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      <invstOrSec>
        <name>BioAge Labs, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Contra Aduro Biotech I</name>
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        <name>Barrett Business Services, Inc.</name>
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      <invstOrSec>
        <name>Riverview Bancorp, Inc.</name>
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      <invstOrSec>
        <name>Kelly Services, Inc.</name>
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        <name>SolarMax Technology, Inc.</name>
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      <invstOrSec>
        <name>ACCO Brands Corp.</name>
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        <name>Carisma Therapeutics, Inc.</name>
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        <name>Broadway Financial Corp.</name>
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        <name>Turtle Beach Corp.</name>
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        <name>Columbus McKinnon Corp.</name>
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        <title>Columbus McKinnon Corp.</title>
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        <name>Cardlytics, Inc.</name>
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        <name>Business First Bancshares, Inc.</name>
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        <name>Natural Gas Services Group, Inc.</name>
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        <name>Espey Mfg. &amp; Electronics Corp.</name>
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        <name>Maui Land &amp; Pineapple Co., Inc.</name>
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        <name>Arlo Technologies, Inc.</name>
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        <name>Ellington Financial, Inc.</name>
        <lei>60GS1D1R1YY5G1W7IT74</lei>
        <title>Ellington Financial, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Weave Communications, Inc.</name>
        <lei>N/A</lei>
        <title>Weave Communications, Inc.</title>
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        <name>MVB Financial Corp.</name>
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        <name>Landsea Homes Corp.</name>
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        <name>Immunome, Inc.</name>
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        <name>Inmune Bio, Inc.</name>
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        <name>OmniAb, Inc.</name>
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        <name>Lineage Cell Therapeutics, Inc.</name>
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        <name>Pulse Biosciences, Inc.</name>
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        <name>eGain Corp.</name>
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        <name>EW Scripps Co. (The)</name>
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        <name>IF Bancorp, Inc.</name>
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        </securityLending>
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      <invstOrSec>
        <name>Safety Shot, Inc.</name>
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        <name>BGSF, Inc.</name>
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        <name>SI-BONE, Inc.</name>
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        <name>Sunrise Realty Trust, Inc.</name>
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        <name>CVD Equipment Corp.</name>
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        <title>CVD Equipment Corp.</title>
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        <name>Aeva Technologies, Inc.</name>
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        <name>Arcturus Therapeutics Holdings, Inc.</name>
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        <name>City Office REIT, Inc.</name>
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        <name>John Marshall Bancorp, Inc.</name>
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        <name>Bar Harbor Bankshares</name>
        <lei>N/A</lei>
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        <name>HeartBeam, Inc.</name>
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        <title>HeartBeam, Inc.</title>
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        <name>American Coastal Insurance Corp.</name>
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        <name>Acme United Corp.</name>
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        <name>Boundless Bio, Inc.</name>
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        <name>Blue Bird Corp.</name>
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        <title>Blue Bird Corp.</title>
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        <name>Kaltura, Inc.</name>
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        <name>Veritone, Inc.</name>
        <lei>549300XTAS2FCSL4EL89</lei>
        <title>Veritone, Inc.</title>
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        </securityLending>
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        <name>Idaho Strategic Resources, Inc.</name>
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        <name>LifeMD, Inc.</name>
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        <name>Urban One, Inc.</name>
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        <name>Kartoon Studios, Inc.</name>
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        <name>Replimune Group, Inc.</name>
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        <name>First Capital, Inc.</name>
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        <name>Wabash National Corp.</name>
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        <name>PB Bankshares, Inc.</name>
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      <invstOrSec>
        <name>Investors Title Co.</name>
        <lei>N/A</lei>
        <title>Investors Title Co.</title>
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        <name>REV Group, Inc.</name>
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        </securityLending>
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      <invstOrSec>
        <name>Castle Biosciences, Inc.</name>
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      <invstOrSec>
        <name>Enanta Pharmaceuticals, Inc.</name>
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      <invstOrSec>
        <name>Reservoir Media, Inc.</name>
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      <invstOrSec>
        <name>Key Tronic Corp.</name>
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      <invstOrSec>
        <name>Medallion Financial Corp.</name>
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      <invstOrSec>
        <name>Mercurity Fintech Holding, Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>KLX Energy Services Holdings, Inc.</name>
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      <invstOrSec>
        <name>Vacasa, Inc.</name>
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        <title>Vacasa, Inc., Class A</title>
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          <isin value="US91854V2060"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Flushing Financial Corp.</name>
        <lei>N/A</lei>
        <title>Flushing Financial Corp.</title>
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          <isin value="US3438731057"/>
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        <balance>69028.00000000</balance>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cullinan Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Cullinan Therapeutics, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PlayAGS, Inc.</name>
        <lei>N/A</lei>
        <title>PlayAGS, Inc.</title>
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      <invstOrSec>
        <name>HealthStream, Inc.</name>
        <lei>529900OJ88H8635JNH64</lei>
        <title>HealthStream, Inc.</title>
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        <name>Alpha &amp; Omega Semiconductor Ltd.</name>
        <lei>5493001FE7J03YOV2V35</lei>
        <title>Alpha &amp; Omega Semiconductor Ltd.</title>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Hallador Energy Co.</name>
        <lei>254900GKEQRHOI2SSC19</lei>
        <title>Hallador Energy Co.</title>
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        <name>Inspired Entertainment, Inc.</name>
        <lei>549300ZUGYK6NBIU6D69</lei>
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        <name>Great Southern Bancorp, Inc.</name>
        <lei>5493000ZL7DLNMN1AB26</lei>
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        <name>Diamond Hill Investment Group, Inc.</name>
        <lei>549300AQ6779A0B7VZ57</lei>
        <title>Diamond Hill Investment Group, Inc.</title>
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      <invstOrSec>
        <name>Franklin Wireless Corp.</name>
        <lei>N/A</lei>
        <title>Franklin Wireless Corp.</title>
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        <name>Airship AI Holdings, Inc.</name>
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        <name>Harte Hanks, Inc.</name>
        <lei>549300J5W5N8Q3OYMS84</lei>
        <title>Harte Hanks, Inc.</title>
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        <name>PetMed Express, Inc.</name>
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        <title>PetMed Express, Inc.</title>
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      <invstOrSec>
        <name>Honest Co., Inc. (The)</name>
        <lei>N/A</lei>
        <title>Honest Co., Inc. (The)</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shattuck Labs, Inc.</name>
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      <invstOrSec>
        <name>OppFi, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Northeast Bank</name>
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      <invstOrSec>
        <name>Where Food Comes From, Inc.</name>
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      <invstOrSec>
        <name>Bank of Marin Bancorp</name>
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      <invstOrSec>
        <name>Caesarstone Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Mayville Engineering Co., Inc.</name>
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        <name>Waterstone Financial, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Flotek Industries, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Beauty Health Co. (The)</name>
        <lei>5493001Z2JZQT4C63C50</lei>
        <title>Beauty Health Co. (The), Class A</title>
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          <isin value="US88331L1089"/>
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        <fairValLevel>1</fairValLevel>
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        <name>CEVA, Inc.</name>
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        <name>Ambac Financial Group, Inc.</name>
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        <name>ARMOUR Residential REIT, Inc.</name>
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        <name>Astria Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Astria Therapeutics, Inc.</title>
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        <name>Cato Corp. (The)</name>
        <lei>529900R4SJUY7GCUU865</lei>
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        <name>Marygold Cos., Inc. (The)</name>
        <lei>549300GBSIZYFZV2R837</lei>
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      <invstOrSec>
        <name>Winmark Corp.</name>
        <lei>N/A</lei>
        <title>Winmark Corp.</title>
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        <name>Independent Bank Corp.</name>
        <lei>N/A</lei>
        <title>Independent Bank Corp.</title>
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        <name>Zspace, Inc.</name>
        <lei>N/A</lei>
        <title>Zspace, Inc.</title>
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        <name>United Bancorp, Inc.</name>
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        <title>United Bancorp, Inc.</title>
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        <name>Alto Ingredients, Inc.</name>
        <lei>549300TI77MKE21DLE34</lei>
        <title>Alto Ingredients, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Telos Corp.</name>
        <lei>N/A</lei>
        <title>Telos Corp.</title>
        <cusip>87969B101</cusip>
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      <invstOrSec>
        <name>Cross Country Healthcare, Inc.</name>
        <lei>54930037L0NBIPZ5S663</lei>
        <title>Cross Country Healthcare, Inc.</title>
        <cusip>227483104</cusip>
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        <invCountry>US</invCountry>
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        </securityLending>
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      <invstOrSec>
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        <name>Codexis, Inc.</name>
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        <name>Big 5 Sporting Goods Corp.</name>
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        <name>Astronics Corp.</name>
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        <name>Oncocyte Corp.</name>
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      <invstOrSec>
        <name>Clearwater Paper Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CuriosityStream, Inc.</name>
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        <name>Playstudios, Inc.</name>
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        <name>Bristow Group, Inc.</name>
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        <name>Johnson Outdoors, Inc.</name>
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        <name>Ventyx Biosciences, Inc.</name>
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        <name>Toppoint Holdings, Inc.</name>
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        <name>Semler Scientific, Inc.</name>
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        <title>Semler Scientific, Inc.</title>
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        <name>Daily Journal Corp.</name>
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        <title>Daily Journal Corp.</title>
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        <name>Brand Engagement Network, Inc.</name>
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        <name>CS Disco, Inc.</name>
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        <name>Precision Optics Corp., Inc.</name>
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        <name>Elicio Therapeutics, Inc.</name>
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        <title>Elicio Therapeutics, Inc.</title>
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        <name>VSE Corp.</name>
        <lei>549300QWJYQDH4U5XI15</lei>
        <title>VSE Corp.</title>
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        <name>Duluth Holdings, Inc.</name>
        <lei>549300B6G8G3WGHFYU15</lei>
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      <invstOrSec>
        <name>Resources Connection, Inc.</name>
        <lei>N/A</lei>
        <title>Resources Connection, Inc.</title>
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        <name>CNB Financial Corp.</name>
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        <name>Alerus Financial Corp.</name>
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        <name>Autonomix Medical, Inc.</name>
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        <name>Greenlight Capital Re Ltd.</name>
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        <name>Natural Alternatives International, Inc.</name>
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        <name>York Water Co. (The)</name>
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        <name>Intensity Therapeutics, Inc.</name>
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        <name>Bandwidth, Inc.</name>
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        <name>Pixelworks, Inc.</name>
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        <name>Zura Bio Ltd.</name>
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        <name>Envela Corp.</name>
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        <name>Manitowoc Co., Inc. (The)</name>
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        <name>Cooper-Standard Holdings, Inc.</name>
        <lei>549300VVOH2RQP5YMB08</lei>
        <title>Cooper-Standard Holdings, Inc.</title>
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        <name>Tactile Systems Technology, Inc.</name>
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      <invstOrSec>
        <name>Allient, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Coastal Financial Corp.</name>
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        <title>Coastal Financial Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Conduit Pharmaceuticals, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Franklin BSP Realty Trust, Inc.</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>UroGen Pharma Ltd.</name>
        <lei>549300C0YCX7CG2G5D50</lei>
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        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Compass Therapeutics, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Universal Insurance Holdings, Inc.</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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        <name>Tucows, Inc.</name>
        <lei>529900860LTAB4QUV247</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>L B Foster Co.</name>
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        <title>L B Foster Co., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Mirum Pharmaceuticals, Inc.</name>
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        <name>Kyverna Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Apyx Medical Corp.</name>
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      <invstOrSec>
        <name>Bank7 Corp.</name>
        <lei>N/A</lei>
        <title>Bank7 Corp.</title>
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        <name>Gryphon Digital Mining, Inc.</name>
        <lei>N/A</lei>
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        <name>Zumiez, Inc.</name>
        <lei>549300J0PDF58P6HZD25</lei>
        <title>Zumiez, Inc.</title>
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        <name>American Battery Technology Co.</name>
        <lei>N/A</lei>
        <title>American Battery Technology Co.</title>
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        <name>Lexicon Pharmaceuticals, Inc.</name>
        <lei>N/A</lei>
        <title>Lexicon Pharmaceuticals, Inc.</title>
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        <name>Arq, Inc.</name>
        <lei>52990086HRJSW2EZQH40</lei>
        <title>Arq, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Equillium, Inc.</name>
        <lei>549300OC7SSPSNNGHE64</lei>
        <title>Equillium, Inc.</title>
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        <name>GameSquare Holdings, Inc.</name>
        <lei>894500NUPDOV8GTVN566</lei>
        <title>GameSquare Holdings, Inc.</title>
        <cusip>36468G103</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Byline Bancorp, Inc.</name>
        <lei>549300W7ODP4YL2H4823</lei>
        <title>Byline Bancorp, Inc.</title>
        <cusip>124411109</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>First Business Financial Services, Inc.</name>
        <lei>549300BXKLW2T50TKU95</lei>
        <title>First Business Financial Services, Inc.</title>
        <cusip>319390100</cusip>
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        <balance>17605.00000000</balance>
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      <invstOrSec>
        <name>aTyr Pharma, Inc.</name>
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        <name>First Savings Financial Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rithm Property Trust, Inc.</name>
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        <name>Beyond Air, Inc.</name>
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        <name>N/A</name>
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        <name>vTv Therapeutics, Inc.</name>
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      <invstOrSec>
        <name>DocGo, Inc.</name>
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        <title>DocGo, Inc.</title>
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        <name>First Internet Bancorp</name>
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        <name>Penns Woods Bancorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Priority Technology Holdings, Inc.</name>
        <lei>549300ZS6DXD7ROBKB40</lei>
        <title>Priority Technology Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Nortech Systems, Inc.</name>
        <lei>N/A</lei>
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        <name>W&amp;T Offshore, Inc.</name>
        <lei>549300Q7EOY2YIO3YK85</lei>
        <title>W&amp;T Offshore, Inc.</title>
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        <name>Golden Matrix Group, Inc.</name>
        <lei>549300NOYXJNQRSL5G70</lei>
        <title>Golden Matrix Group, Inc.</title>
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        <name>Xilio Therapeutics, Inc.</name>
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        <name>SRAX, Inc.</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <name>Fluent, Inc.</name>
        <lei>549300P3G8O165ICY429</lei>
        <title>Fluent, Inc.</title>
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        <name>USCB Financial Holdings, Inc.</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <name>LENSAR, Inc.</name>
        <lei>N/A</lei>
        <title>LENSAR, Inc.</title>
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        <name>MaxCyte, Inc.</name>
        <lei>54930053YHXULRFCU991</lei>
        <title>MaxCyte, Inc.</title>
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        <name>Nature's Sunshine Products, Inc.</name>
        <lei>N/A</lei>
        <title>Nature's Sunshine Products, Inc.</title>
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      <invstOrSec>
        <name>1stdibs.com, Inc.</name>
        <lei>N/A</lei>
        <title>1stdibs.com, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shoe Carnival, Inc.</name>
        <lei>N/A</lei>
        <title>Shoe Carnival, Inc.</title>
        <cusip>824889109</cusip>
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        <balance>39874.00000000</balance>
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        <assetCat>EC</assetCat>
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        <name>Summit State Bank</name>
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        <name>Vivani Medical, Inc.</name>
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        <name>Ikena Oncology, Inc.</name>
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        <name>Frequency Electronics, Inc.</name>
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        <name>VOXX International Corp.</name>
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        <name>American Resources Corp.</name>
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        <name>Meridian Corp.</name>
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        <name>Acacia Research Corp.</name>
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        <title>Acacia Research Corp.</title>
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        <name>ElectroCore, Inc.</name>
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        <name>BJ's Restaurants, Inc.</name>
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        <name>Reviva Pharmaceuticals Holdings, Inc.</name>
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        <name>TransAct Technologies, Inc.</name>
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        <name>American Infrastructure Corp.</name>
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        <title>American Infrastructure Corp.</title>
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        <name>SKYX Platforms Corp.</name>
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        <name>Critical Metals Corp.</name>
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        <title>Critical Metals Corp.</title>
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        <name>Byrna Technologies, Inc.</name>
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        <name>Atlanticus Holdings Corp.</name>
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        <name>Bioventus, Inc.</name>
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      <invstOrSec>
        <name>Genelux Corp.</name>
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        <name>Global Water Resources, Inc.</name>
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        <name>Selectquote, Inc.</name>
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        <name>Central Plains Bancshares, Inc.</name>
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        <name>Hanmi Financial Corp.</name>
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        <name>Corvus Pharmaceuticals, Inc.</name>
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        <name>Atea Pharmaceuticals, Inc.</name>
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        <name>Collegium Pharmaceutical, Inc.</name>
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        <name>MasterCraft Boat Holdings, Inc.</name>
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        <name>Evolus, Inc.</name>
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        <name>Couchbase, Inc.</name>
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        <name>Protara Therapeutics, Inc.</name>
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        <name>Universal Technical Institute, Inc.</name>
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        <name>MBX Biosciences, Inc.</name>
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        <name>AudioEye, Inc.</name>
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        <name>Biomea Fusion, Inc.</name>
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        <name>SkyWater Technology, Inc.</name>
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        <name>Investar Holding Corp.</name>
        <lei>54930001EK2YM28LOJ08</lei>
        <title>Investar Holding Corp.</title>
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      <invstOrSec>
        <name>Quince Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Quince Therapeutics, Inc.</title>
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      <invstOrSec>
        <name>DMC Global, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Annexon, Inc.</name>
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      <invstOrSec>
        <name>IDT Corp.</name>
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          <isin value="US4489475073"/>
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        <name>Aware, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cargo Therapeutics, Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Immersion Corp.</name>
        <lei>529900AKNC1UAMQ2YB35</lei>
        <title>Immersion Corp.</title>
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        <name>Health Catalyst, Inc.</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>Noodles &amp; Co.</name>
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          <isin value="US65540B1052"/>
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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>Sky Harbour Group Corp.</name>
        <lei>N/A</lei>
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          <isin value="US83085C1071"/>
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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>Precision BioSciences, Inc.</name>
        <lei>549300I5QGRS3BLHZH41</lei>
        <title>Precision BioSciences, Inc.</title>
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          <isin value="US74019P2074"/>
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        <balance>14521.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Black Diamond Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Black Diamond Therapeutics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ConnectOne Bancorp, Inc.</name>
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        <title>ConnectOne Bancorp, Inc.</title>
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        <name>LiveOne, Inc.</name>
        <lei>5493004547XB11DZ6E32</lei>
        <title>LiveOne, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Community Corp.</name>
        <lei>549300TC167ECI9SMC70</lei>
        <title>First Community Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Armata Pharmaceuticals, Inc.</name>
        <lei>549300QM1VCWH8KT0S21</lei>
        <title>Armata Pharmaceuticals, Inc.</title>
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        <name>Metallus, Inc.</name>
        <lei>549300QZTZWHDE9HJL14</lei>
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        <name>Inhibrx Biosciences, Inc.</name>
        <lei>N/A</lei>
        <title>Inhibrx Biosciences, Inc.</title>
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        <name>Clipper Realty, Inc.</name>
        <lei>N/A</lei>
        <title>Clipper Realty, Inc.</title>
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        <name>Whitestone REIT</name>
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        <title>Whitestone REIT</title>
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        <name>Virgin Galactic Holdings, Inc.</name>
        <lei>549300C631IMXCSMN048</lei>
        <title>Virgin Galactic Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Farmland Partners, Inc.</name>
        <lei>549300LB188CHPZ4IL37</lei>
        <title>Farmland Partners, Inc.</title>
        <cusip>31154R109</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>Entravision Communications Corp.</name>
        <lei>549300SKHY2ALCLKV539</lei>
        <title>Entravision Communications Corp., Class A</title>
        <cusip>29382R107</cusip>
        <identifiers>
          <isin value="US29382R1077"/>
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      <invstOrSec>
        <name>Prairie Operating Co.</name>
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        <name>United-Guardian, Inc.</name>
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      <invstOrSec>
        <name>GCT Semiconductor Holding, Inc.</name>
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        <name>Franklin Street Properties Corp.</name>
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        <name>Sleep Number Corp.</name>
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        <name>Genesco, Inc.</name>
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        <name>Domo, Inc.</name>
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        <name>Ichor Holdings Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ponce Financial Group, Inc.</name>
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        <name>AdvanSix, Inc.</name>
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        <name>CoreCard Corp.</name>
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        <name>Ascent Industries Co.</name>
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        <name>Transcat, Inc.</name>
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        <name>Twin Hospitality Group, Inc.</name>
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        <name>Townsquare Media, Inc.</name>
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        <name>NACCO Industries, Inc.</name>
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        <name>Riley Exploration Permian, Inc.</name>
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        <name>Oruka Therapeutics, Inc.</name>
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        <name>ReElement Technologies Corp.</name>
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        <title>ReElement Technologies Corp.</title>
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        <name>Taysha Gene Therapies, Inc.</name>
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        <name>Resolute Holdings Management, Inc.</name>
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        <name>Gambling.com Group Ltd.</name>
        <lei>254900PUNXQ3N26IMU63</lei>
        <title>Gambling.com Group Ltd.</title>
        <cusip>N/A</cusip>
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        <name>MediaAlpha, Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Novusterra, Inc.</name>
        <lei>N/A</lei>
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        <name>NioCorp Developments Ltd.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vigil Neuroscience, Inc.</name>
        <lei>N/A</lei>
        <title>Vigil Neuroscience, Inc.</title>
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          <isin value="US92673K1088"/>
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      <invstOrSec>
        <name>Unitil Corp.</name>
        <lei>N/A</lei>
        <title>Unitil Corp.</title>
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          <isin value="US9132591077"/>
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      <invstOrSec>
        <name>Ceribell, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US15678C1027"/>
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        <invCountry>US</invCountry>
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        <name>One Liberty Properties, Inc.</name>
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          <isin value="US6824061039"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SAB Biotherapeutics, Inc.</name>
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          <isin value="US78397T2024"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMMO, Inc.</name>
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        <name>Outbrain, Inc.</name>
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        <title>Outbrain, Inc.</title>
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      <invstOrSec>
        <name>Tile Shop Holdings, Inc.</name>
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        <name>2seventy bio, Inc.</name>
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        <name>ALX Oncology Holdings, Inc.</name>
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        <name>US Gold Corp.</name>
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        <name>Corbus Pharmaceuticals Holdings, Inc.</name>
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        <name>Taylor Devices, Inc.</name>
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        <name>Humacyte, Inc.</name>
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        <name>Southern States Bancshares, Inc.</name>
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        <name>CPI Aerostructures, Inc.</name>
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        <name>fuboTV, Inc.</name>
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        <title>fuboTV, Inc.</title>
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        <name>Beam Global</name>
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        <title>Beam Global</title>
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        <name>Direct Digital Holdings, Inc.</name>
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        <name>Aehr Test Systems</name>
        <lei>529900A4GWWZFRU2RE97</lei>
        <title>Aehr Test Systems</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Oncternal Therapeutics, Inc.</name>
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        <title>Oncternal Therapeutics, Inc., CVR</title>
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          <isin value="US400CVR0150"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>SR Bancorp, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US85227J1060"/>
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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>Ducommun, Inc.</name>
        <lei>549300Z71HMWF90S2214</lei>
        <title>Ducommun, Inc.</title>
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          <isin value="US2641471097"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alpine Income Property Trust, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US02083X1037"/>
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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>Harvard Bioscience, Inc.</name>
        <lei>549300VLGB1D47GGC642</lei>
        <title>Harvard Bioscience, Inc.</title>
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          <isin value="US4169061052"/>
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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>Assembly Biosciences, Inc.</name>
        <lei>5299007Y1X8RBDFT8C40</lei>
        <title>Assembly Biosciences, Inc.</title>
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          <isin value="US0453962070"/>
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        <balance>7866.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hackett Group, Inc. (The)</name>
        <lei>5K016KLIRB6156644289</lei>
        <title>Hackett Group, Inc. (The)</title>
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          <isin value="US4046091090"/>
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        <payoffProfile>Long</payoffProfile>
        <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>Anterix, Inc.</name>
        <lei>549300QIX2QHFGIEQG40</lei>
        <title>Anterix, Inc.</title>
        <cusip>03676C100</cusip>
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          <isin value="US03676C1009"/>
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        <balance>22751.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>832686.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Willis Lease Finance Corp.</name>
        <lei>54930023EP1OE5MKWF89</lei>
        <title>Willis Lease Finance Corp.</title>
        <cusip>970646105</cusip>
        <identifiers>
          <isin value="US9706461053"/>
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        <balance>6359.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004531.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AerSale Corp.</name>
        <lei>N/A</lei>
        <title>AerSale Corp.</title>
        <cusip>00810F106</cusip>
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          <isin value="US00810F1066"/>
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        <balance>74851.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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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>Civista Bancshares, Inc.</name>
        <lei>5493001LX61Z2UVYSC48</lei>
        <title>Civista Bancshares, Inc.</title>
        <cusip>178867107</cusip>
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          <isin value="US1788671071"/>
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        <balance>34303.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>670280.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NSTS Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>NSTS Bancorp, Inc.</title>
        <cusip>6293JP109</cusip>
        <identifiers>
          <isin value="US6293JP1094"/>
          <other otherDesc="Inhouse Asset ID" value="6293JP109"/>
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        <balance>10697.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120769.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VAALCO Energy, Inc.</name>
        <lei>549300CFHFVIWB8M6T24</lei>
        <title>VAALCO Energy, Inc.</title>
        <cusip>91851C201</cusip>
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          <isin value="US91851C2017"/>
          <other otherDesc="Inhouse Asset ID" value="91851C201"/>
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        <balance>232624.00000000</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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      <invstOrSec>
        <name>Odyssey Marine Exploration, Inc.</name>
        <lei>549300KNVIY6EZIJ2221</lei>
        <title>Odyssey Marine Exploration, Inc.</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Atomera, Inc.</name>
        <lei>N/A</lei>
        <title>Atomera, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>BayCom Corp.</name>
        <lei>549300UOLS54Q5ONIG33</lei>
        <title>BayCom Corp.</title>
        <cusip>07272M107</cusip>
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          <isin value="US07272M1071"/>
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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>Five Star Bancorp</name>
        <lei>5493008ZRBIHKWC0JA73</lei>
        <title>Five Star Bancorp</title>
        <cusip>33830T103</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GoPro, Inc.</name>
        <lei>549300CQJMLT21SZFL16</lei>
        <title>GoPro, Inc., Class A</title>
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      <invstOrSec>
        <name>Bowman Consulting Group Ltd.</name>
        <lei>N/A</lei>
        <title>Bowman Consulting Group Ltd.</title>
        <cusip>103002101</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Journey Medical Corp.</name>
        <lei>N/A</lei>
        <title>Journey Medical Corp.</title>
        <cusip>48115J109</cusip>
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          <isin value="US48115J1097"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>GeneDx Holdings Corp.</name>
        <lei>N/A</lei>
        <title>GeneDx Holdings Corp., Class A</title>
        <cusip>81663L200</cusip>
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          <isin value="US81663L2007"/>
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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>Immix Biopharma, Inc.</name>
        <lei>N/A</lei>
        <title>Immix Biopharma, Inc.</title>
        <cusip>45258H106</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Insteel Industries, Inc.</name>
        <lei>52990026LKY4MOX3L174</lei>
        <title>Insteel Industries, Inc.</title>
        <cusip>45774W108</cusip>
        <identifiers>
          <isin value="US45774W1080"/>
          <other otherDesc="Inhouse Asset ID" value="45774W108"/>
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        <balance>41701.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1096736.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>DIH Holdings US, Inc.</name>
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          <isin value="US23290B1061"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OP Bancorp</name>
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          <isin value="US67109R1095"/>
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        <payoffProfile>Long</payoffProfile>
        <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>Aspira Women's Health, Inc.</name>
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        <title>Aspira Women's Health, Inc.</title>
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          <isin value="US04537Y2081"/>
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        <balance>19866.00000000</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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      <invstOrSec>
        <name>Pulmonx Corp.</name>
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        <balance>85864.00000000</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>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Auburn National BanCorp, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NI Holdings, Inc.</name>
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        <title>NI Holdings, Inc.</title>
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          <isin value="US65342T1060"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Alector, Inc.</name>
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        <title>Alector, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Elutia, Inc.</name>
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          <isin value="US05479K1060"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Franklin Financial Services Corp.</name>
        <lei>N/A</lei>
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          <isin value="US3535251082"/>
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        <balance>9327.00000000</balance>
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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>Lee Enterprises, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US5237684064"/>
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        <balance>12303.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Hovnanian Enterprises, Inc.</name>
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        <title>Hovnanian Enterprises, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First US Bancshares, Inc.</name>
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        <title>First US Bancshares, Inc.</title>
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        <balance>10934.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Financial Northwest, Inc.</name>
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        <title>First Financial Northwest, Inc.</title>
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          <isin value="US32022K1025"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Orthofix Medical, Inc.</name>
        <lei>N/A</lei>
        <title>Orthofix Medical, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>First Western Financial, Inc.</name>
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        <title>First Western Financial, Inc.</title>
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        <name>Servotronics, Inc.</name>
        <lei>549300G2MISHW24LEA03</lei>
        <title>Servotronics, Inc.</title>
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        <name>Flexsteel Industries, Inc.</name>
        <lei>894500J5Y3ZZOOJXXN24</lei>
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        <name>Mural Oncology plc</name>
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        <invCountry>IE</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>AnaptysBio, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Denny's Corp.</name>
        <lei>54930037V56XOULXM917</lei>
        <title>Denny's Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alto Neuroscience, Inc.</name>
        <lei>N/A</lei>
        <title>Alto Neuroscience, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Delcath Systems, Inc.</name>
        <lei>549300NVPLITUM6URT02</lei>
        <title>Delcath Systems, Inc.</title>
        <cusip>24661P807</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>Velocity Financial, Inc.</name>
        <lei>N/A</lei>
        <title>Velocity Financial, Inc.</title>
        <cusip>92262D101</cusip>
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        <balance>20060.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Olympic Steel, Inc.</name>
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      <invstOrSec>
        <name>NeueHealth, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SmartFinancial, Inc.</name>
        <lei>N/A</lei>
        <title>SmartFinancial, Inc.</title>
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      <invstOrSec>
        <name>Lifezone Metals Ltd.</name>
        <lei>N/A</lei>
        <title>Lifezone Metals Ltd.</title>
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        <invCountry>IM</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>XBiotech, Inc.</name>
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          <isin value="CA98400H1029"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OrthoPediatrics Corp.</name>
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          <isin value="US68752L1008"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Donegal Group, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US2577012014"/>
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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>Electromed, Inc.</name>
        <lei>N/A</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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        <name>Ring Energy, Inc.</name>
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        <title>Ring Energy, Inc.</title>
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          <isin value="US76680V1089"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Simulations Plus, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US8292141053"/>
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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>Citizens Financial Services, Inc.</name>
        <lei>5493005JSTWQNVUE0825</lei>
        <title>Citizens Financial Services, Inc.</title>
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          <isin value="US1746151042"/>
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        <balance>10107.00000000</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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      <invstOrSec>
        <name>Envoy Medical, Inc.</name>
        <lei>N/A</lei>
        <title>Envoy Medical, Inc., Class A</title>
        <cusip>29415V109</cusip>
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          <isin value="US29415V1098"/>
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        <balance>13560.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>CB Financial Services, Inc.</name>
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        <invCountry>US</invCountry>
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        <name>CFSB Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>CFSB Bancorp, Inc.</title>
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          <isin value="US12530C1071"/>
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        <balance>6251.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Vanda Pharmaceuticals, Inc.</name>
        <lei>529900AY8VOOQBKJ0O70</lei>
        <title>Vanda Pharmaceuticals, Inc.</title>
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        <name>Western New England Bancorp, Inc.</name>
        <lei>549300Y8QE4EI2LP6B42</lei>
        <title>Western New England Bancorp, Inc.</title>
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        <name>Farmer Bros Co.</name>
        <lei>5493006PMLETBTVJ3262</lei>
        <title>Farmer Bros Co.</title>
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        <name>Owlet, Inc.</name>
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        <name>Aquestive Therapeutics, Inc.</name>
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        <name>Covenant Logistics Group, Inc.</name>
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        <name>NETSTREIT Corp.</name>
        <lei>254900CJL0EDMEQ25Q84</lei>
        <title>NETSTREIT Corp.</title>
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        <name>Miller Industries, Inc.</name>
        <lei>549300F1O74SPUJ7UU94</lei>
        <title>Miller Industries, Inc.</title>
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      <invstOrSec>
        <name>Synergy CHC Corp.</name>
        <lei>N/A</lei>
        <title>Synergy CHC Corp.</title>
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        <name>Catalyst Bancorp, Inc.</name>
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        </securityLending>
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      <invstOrSec>
        <name>QXO, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Information Services Group, Inc.</name>
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        <title>Information Services Group, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Onity Group, Inc.</name>
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      <invstOrSec>
        <name>Performant Healthcare, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Marcus Corp. (The)</name>
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          <isin value="US5663301068"/>
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        <balance>52100.00000000</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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      <invstOrSec>
        <name>Lightbridge Corp.</name>
        <lei>5493005PY54DR0JRCW56</lei>
        <title>Lightbridge Corp.</title>
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          <isin value="US53224K3023"/>
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        <balance>31577.00000000</balance>
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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 Precision Group, Inc.</name>
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          <isin value="US92835K1034"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>James River Group Holdings Ltd.</name>
        <lei>N/A</lei>
        <title>James River Group Holdings Ltd.</title>
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          <isin value="BMG5005R1079"/>
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        <balance>83463.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lyell Immunopharma, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US55083R1041"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Norwood Financial Corp.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Nicolet Bankshares, Inc.</name>
        <lei>N/A</lei>
        <title>Nicolet Bankshares, Inc.</title>
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          <isin value="US65406E1029"/>
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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>Sable Offshore Corp.</name>
        <lei>N/A</lei>
        <title>Sable Offshore Corp., Class A</title>
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          <isin value="US78574H1041"/>
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        <invCountry>US</invCountry>
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        <name>Cogent Biosciences, Inc.</name>
        <lei>N/A</lei>
        <title>Cogent Biosciences, Inc.</title>
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        <name>Adicet Bio, Inc.</name>
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        <title>Adicet Bio, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Karyopharm Therapeutics, Inc.</name>
        <lei>549300J1VANRCNTYST87</lei>
        <title>Karyopharm Therapeutics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ARS Pharmaceuticals, Inc.</name>
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      <invstOrSec>
        <name>Ashford Hospitality Trust, Inc.</name>
        <lei>N/A</lei>
        <title>Ashford Hospitality Trust, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>GoHealth, Inc.</name>
        <lei>N/A</lei>
        <title>GoHealth, Inc., Class A</title>
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        <name>Applied Optoelectronics, Inc.</name>
        <lei>529900I8U6Q5SYDNLT48</lei>
        <title>Applied Optoelectronics, Inc.</title>
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        <name>Horizon Bancorp, Inc.</name>
        <lei>549300U2OQ2EIT5MXG39</lei>
        <title>Horizon Bancorp, Inc.</title>
        <cusip>440407104</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Safe Bulkers, Inc.</name>
        <lei>549300V6ZM2HJJYQQO85</lei>
        <title>Safe Bulkers, Inc.</title>
        <cusip>N/A</cusip>
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          <isin value="MHY7388L1039"/>
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        <balance>134656.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ur-Energy, Inc.</name>
        <lei>5493004ZEMNWEC7T6X93</lei>
        <title>Ur-Energy, Inc.</title>
        <cusip>91688R108</cusip>
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          <isin value="CA91688R1082"/>
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        <balance>788935.00000000</balance>
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        <valUSD>531821.08000000</valUSD>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Actinium Pharmaceuticals, Inc.</name>
        <lei>549300LCY1NZSXCQDT45</lei>
        <title>Actinium Pharmaceuticals, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Peoples Financial Services Corp.</name>
        <lei>N/A</lei>
        <title>Peoples Financial Services Corp.</title>
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          <isin value="US7110401053"/>
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        <balance>20618.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eagle Bancorp Montana, Inc.</name>
        <lei>549300P2SVRIY3YU1412</lei>
        <title>Eagle Bancorp Montana, Inc.</title>
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          <isin value="US26942G1004"/>
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        <balance>16217.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GSI Technology, Inc.</name>
        <lei>N/A</lei>
        <title>GSI Technology, Inc.</title>
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          <isin value="US36241U1060"/>
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        <balance>40643.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="31992.80000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>HCI Group, Inc.</name>
        <lei>549300CZF7EZJH0MPH74</lei>
        <title>HCI Group, Inc.</title>
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          <isin value="US40416E1038"/>
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        <balance>18473.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>Sanara Medtech, Inc.</name>
        <lei>N/A</lei>
        <title>Sanara Medtech, Inc.</title>
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          <isin value="US79957L1008"/>
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        <balance>9047.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MainStreet Bancshares, Inc.</name>
        <lei>549300FHZZP7SP56TS88</lei>
        <title>MainStreet Bancshares, Inc.</title>
        <cusip>56064Y100</cusip>
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          <isin value="US56064Y1001"/>
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        <balance>15378.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>257120.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Primis Financial Corp.</name>
        <lei>549300JNX3M2EENG1F11</lei>
        <title>Primis Financial Corp.</title>
        <cusip>74167B109</cusip>
        <identifiers>
          <isin value="US74167B1098"/>
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        <balance>49969.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>488197.13000000</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>Cryo-Cell International, Inc.</name>
        <lei>254900AQWFD6AR2J7Z30</lei>
        <title>Cryo-Cell International, Inc.</title>
        <cusip>228895108</cusip>
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          <isin value="US2288951088"/>
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        <balance>12329.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>78535.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="191.10000000"/>
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      <invstOrSec>
        <name>Virco Mfg. Corp.</name>
        <lei>N/A</lei>
        <title>Virco Mfg. Corp.</title>
        <cusip>927651109</cusip>
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          <isin value="US9276511097"/>
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        <balance>25052.00000000</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>Cadiz, Inc.</name>
        <lei>549300PFFIS1TCKZS151</lei>
        <title>Cadiz, Inc.</title>
        <cusip>127537207</cusip>
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          <isin value="US1275372076"/>
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        <balance>96543.00000000</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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      <invstOrSec>
        <name>RumbleON, Inc.</name>
        <lei>549300HTVW82DG77Y276</lei>
        <title>RumbleON, Inc., Class B</title>
        <cusip>781386305</cusip>
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          <isin value="US7813863054"/>
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        <balance>39171.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110462.22000000</valUSD>
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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>Solidion Technology, Inc.</name>
        <lei>N/A</lei>
        <title>Solidion Technology, Inc.</title>
        <cusip>834212102</cusip>
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          <isin value="US8342121022"/>
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        <balance>104847.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cadre Holdings, Inc.</name>
        <lei>2549006IKQEWJ8M7CB97</lei>
        <title>Cadre Holdings, Inc.</title>
        <cusip>12763L105</cusip>
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          <isin value="US12763L1052"/>
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        <balance>58107.00000000</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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      <invstOrSec>
        <name>LENZ Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>LENZ Therapeutics, Inc.</title>
        <cusip>52635N103</cusip>
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          <isin value="US52635N1037"/>
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        <balance>28012.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>720188.52000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Agenus, Inc.</name>
        <lei>529900NDQQGU5H4UJK81</lei>
        <title>Agenus, Inc.</title>
        <cusip>00847G804</cusip>
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          <isin value="US00847G8042"/>
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        <balance>52564.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Jasper Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Jasper Therapeutics, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Red Violet, Inc.</name>
        <lei>549300T4EGADG881UU63</lei>
        <title>Red Violet, Inc.</title>
        <cusip>75704L104</cusip>
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          <isin value="US75704L1044"/>
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        <balance>24662.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Latham Group, Inc.</name>
        <lei>N/A</lei>
        <title>Latham Group, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northrim BanCorp, Inc.</name>
        <lei>5493006X7RLLTZ3SG075</lei>
        <title>Northrim Bancorp, Inc.</title>
        <cusip>666762109</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>
      <invstOrSec>
        <name>Drilling Tools International Corp.</name>
        <lei>5493000EQOTBVWM31L08</lei>
        <title>Drilling Tools International Corp.</title>
        <cusip>26205E107</cusip>
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        <balance>26643.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63143.91000000</valUSD>
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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>
      <invstOrSec>
        <name>X4 Pharmaceuticals, Inc.</name>
        <lei>549300R0UFVPXWP86U94</lei>
        <title>X4 Pharmaceuticals, Inc.</title>
        <cusip>98420X103</cusip>
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        <balance>380547.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89961.31000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="41984.46240000"/>
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      <invstOrSec>
        <name>Curis, Inc.</name>
        <lei>5299000YO6CX4WMFVX06</lei>
        <title>Curis, Inc.</title>
        <cusip>231269309</cusip>
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          <isin value="US2312693094"/>
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        <name>Eastern Co. (The)</name>
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        <name>FTAI Infrastructure, Inc.</name>
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        <name>RBB Bancorp</name>
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        <name>Tela Bio, Inc.</name>
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        <name>eXoZymes, Inc.</name>
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        <name>Orrstown Financial Services, Inc.</name>
        <lei>5493008IR3FINUFGVM95</lei>
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        <name>Xeris Biopharma Holdings, Inc.</name>
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      <invstOrSec>
        <name>Ocugen, Inc.</name>
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        <name>A10 Networks, Inc.</name>
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      <invstOrSec>
        <name>First Financial Corp.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Smith-Midland Corp.</name>
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        <name>UMH Properties, Inc.</name>
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      <invstOrSec>
        <name>Archer Aviation, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ACNB Corp.</name>
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      <invstOrSec>
        <name>Kingsway Financial Services, Inc.</name>
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        <assetCat>EC</assetCat>
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        <name>Turning Point Brands, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BRT Apartments Corp.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Bitcoin Depot, Inc.</name>
        <lei>N/A</lei>
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        <name>United Security Bancshares</name>
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        <title>United Security Bancshares</title>
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      <invstOrSec>
        <name>Origin Bancorp, Inc.</name>
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        <name>TPI Composites, Inc.</name>
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        <name>RE/MAX Holdings, Inc.</name>
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        <name>Consolidated Water Co. Ltd.</name>
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        <name>Diversified Energy Co. plc</name>
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        <name>Stem, Inc.</name>
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        <name>Stabilis Solutions, Inc.</name>
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        <title>Stabilis Solutions, Inc.</title>
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        <name>Asure Software, Inc.</name>
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        <title>Asure Software, Inc.</title>
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        <name>NeoVolta, Inc.</name>
        <lei>549300KZ9T40JVOBUV74</lei>
        <title>NeoVolta, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Legacy Education, Inc.</name>
        <lei>N/A</lei>
        <title>Legacy Education, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>SunOpta, Inc.</name>
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        <title>SunOpta, Inc.</title>
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      <invstOrSec>
        <name>Myers Industries, Inc.</name>
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        <name>Postal Realty Trust, Inc.</name>
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      <invstOrSec>
        <name>Arrow Financial Corp.</name>
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        <name>Verrica Pharmaceuticals, Inc.</name>
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        <name>Motorcar Parts of America, Inc.</name>
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        <name>Tourmaline Bio, Inc.</name>
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        <name>Creative Media &amp; Community Trust Corp.</name>
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        <name>Zymeworks, Inc.</name>
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        <name>NexPoint Diversified Real Estate Trust</name>
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        <name>Hennessy Advisors, Inc.</name>
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        <name>Paysign, Inc.</name>
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        <name>Sypris Solutions, Inc.</name>
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        <name>Inozyme Pharma, Inc.</name>
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        <name>Vistagen Therapeutics, Inc.</name>
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        <name>Eastman Kodak Co.</name>
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        <name>BioLife Solutions, Inc.</name>
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        <name>EverQuote, Inc.</name>
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        <name>Magyar Bancorp, Inc.</name>
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        <name>Community Trust Bancorp, Inc.</name>
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        <name>Coya Therapeutics, Inc.</name>
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        <title>Coya Therapeutics, Inc.</title>
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        <name>Identiv, Inc.</name>
        <lei>5299008KH3C585Z0DS77</lei>
        <title>Identiv, Inc.</title>
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      <invstOrSec>
        <name>Ellington Credit Co.</name>
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        <title>Ellington Credit Co.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FAT Brands, Inc.</name>
        <lei>549300TZCVF3UHX37729</lei>
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      <invstOrSec>
        <name>Intevac, Inc.</name>
        <lei>N/A</lei>
        <title>Intevac, Inc.</title>
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      <invstOrSec>
        <name>OptimizeRx Corp.</name>
        <lei>N/A</lei>
        <title>OptimizeRx Corp.</title>
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        <balance>39693.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>comScore, Inc.</name>
        <lei>N/A</lei>
        <title>comScore, Inc.</title>
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          <isin value="US20564W2044"/>
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        <balance>9196.00000000</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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      <invstOrSec>
        <name>First United Corp.</name>
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        <title>First United Corp.</title>
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          <isin value="US33741H1077"/>
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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>FS Bancorp, Inc.</name>
        <lei>N/A</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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      <invstOrSec>
        <name>Artiva Biotherapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Artiva Biotherapeutics, Inc.</title>
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          <isin value="US04317A1079"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>C&amp;F Financial Corp.</name>
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        <name>Bankwell Financial Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lifecore Biomedical, Inc.</name>
        <lei>549300EHBZ5OM9ND9O43</lei>
        <title>Lifecore Biomedical, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Old Point Financial Corp.</name>
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          <isin value="US6801941070"/>
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        <name>Adverum Biotechnologies, Inc.</name>
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        <name>Kolibri Global Energy, Inc.</name>
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        <name>Aris Water Solutions, Inc.</name>
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        <title>Aris Water Solutions, Inc., Class A</title>
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        <name>Marchex, Inc.</name>
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        <name>Bolt Biotherapeutics, Inc.</name>
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        <name>Capital Bancorp, Inc.</name>
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        <name>Saga Communications, Inc.</name>
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        <name>Tejon Ranch Co.</name>
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        <name>Bank of the James Financial Group, Inc.</name>
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      <invstOrSec>
        <name>PDS Biotechnology Corp.</name>
        <lei>5493002KU8ACFTSMC935</lei>
        <title>PDS Biotechnology Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>QuinStreet, Inc.</name>
        <lei>549300TP8MFBFPOS4Y78</lei>
        <title>QuinStreet, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sono-Tek Corp.</name>
        <lei>N/A</lei>
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        <name>Jerash Holdings US, Inc.</name>
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        <name>Affinity Bancshares, Inc.</name>
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        <name>Cue Biopharma, Inc.</name>
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        <name>IBEX Holdings Ltd.</name>
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        <name>Cellectar Biosciences, Inc.</name>
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        <name>CBL &amp; Associates Properties, Inc.</name>
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        <name>Relmada Therapeutics, Inc.</name>
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        <name>LSI Industries, Inc.</name>
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        <name>CECO Environmental Corp.</name>
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        <name>National Presto Industries, Inc.</name>
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        <name>First Foundation, Inc.</name>
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        <name>Beazer Homes USA, Inc.</name>
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        <name>Bowhead Specialty Holdings, Inc.</name>
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        <name>Stratus Properties, Inc.</name>
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        <name>Build-A-Bear Workshop, Inc.</name>
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        <name>MultiSensor AI Holdings, Inc.</name>
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        <name>Third Harmonic Bio, Inc.</name>
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        <name>Eledon Pharmaceuticals, Inc.</name>
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        <name>RCI Hospitality Holdings, Inc.</name>
        <lei>529900COXP1MLE1UKG69</lei>
        <title>RCI Hospitality Holdings, Inc.</title>
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      <invstOrSec>
        <name>Comstock Holding Cos., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Artivion, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>American Outdoor Brands, Inc.</name>
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      <invstOrSec>
        <name>Backblaze, Inc.</name>
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        <name>ContextLogic, Inc.</name>
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      <invstOrSec>
        <name>SES AI Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Annovis Bio, Inc.</name>
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          <isin value="US03615A1088"/>
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        <name>Star Holdings</name>
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        <name>German American Bancorp, Inc.</name>
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        <name>Bluerock Homes Trust, Inc.</name>
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        <name>Hooker Furnishings Corp.</name>
        <lei>N/A</lei>
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        <name>Himalaya Shipping Ltd.</name>
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        <name>Acumen Pharmaceuticals, Inc.</name>
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        <name>Crown Crafts, Inc.</name>
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        <name>Nano-X Imaging Ltd.</name>
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        <name>Kearny Financial Corp.</name>
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        <name>Security National Financial Corp.</name>
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        <name>Skillz, Inc.</name>
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        <name>Zenas Biopharma, Inc.</name>
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        <title>Zenas Biopharma, Inc.</title>
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      <invstOrSec>
        <name>HomeTrust Bancshares, Inc.</name>
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        <title>HomeTrust Bancshares, Inc.</title>
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      <invstOrSec>
        <name>Alpha Pro Tech Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mersana Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Texas Community Bancshares, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BioAtla, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LightPath Technologies, Inc.</name>
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      <invstOrSec>
        <name>Destination XL Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SELLAS Life Sciences Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HilleVax, Inc.</name>
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        <name>Leap Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Precigen, Inc.</name>
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        <title>Precigen, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>EyePoint Pharmaceuticals, Inc.</name>
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        <title>EyePoint Pharmaceuticals, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Travelzoo</name>
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        <title>Travelzoo</title>
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        <name>Stereotaxis, Inc.</name>
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        <name>Hanover Bancorp, Inc.</name>
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        <name>BlackRock Funds III</name>
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        <name>FutureFuel Corp.</name>
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        <title>FutureFuel Corp.</title>
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        <name>Digi International, Inc.</name>
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        <name>Gulf Island Fabrication, Inc.</name>
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        <name>Avita Medical, Inc.</name>
        <lei>N/A</lei>
        <title>Avita Medical, Inc.</title>
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        <name>Air T, Inc.</name>
        <lei>549300XSFJNDOT088737</lei>
        <title>Air T, Inc.</title>
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      <invstOrSec>
        <name>Citi Trends, Inc.</name>
        <lei>529900D06Q0FPHV34S87</lei>
        <title>Citi Trends, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hawthorn Bancshares, Inc.</name>
        <lei>N/A</lei>
        <title>Hawthorn Bancshares, Inc.</title>
        <cusip>420476103</cusip>
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        <name>NL Industries, Inc.</name>
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      <invstOrSec>
        <name>Middlefield Banc Corp.</name>
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        <name>A-Mark Precious Metals, Inc.</name>
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      <invstOrSec>
        <name>Scholar Rock Holding Corp.</name>
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        <name>Bridgford Foods Corp.</name>
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        <name>Northeast Community Bancorp, Inc.</name>
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        <name>Anebulo Pharmaceuticals, Inc.</name>
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        <name>Rigel Pharmaceuticals, Inc.</name>
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        <name>Calavo Growers, Inc.</name>
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        <name>Harrow, Inc.</name>
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        <name>Opus Genetics, Inc.</name>
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        <name>Beyondspring, Inc.</name>
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        <name>Cerence, Inc.</name>
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        <name>AxoGen, Inc.</name>
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        <name>PMV Pharmaceuticals, Inc.</name>
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        <name>Farmers National Banc Corp.</name>
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        <name>Flux Power Holdings, Inc.</name>
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        <name>Hingham Institution for Savings (The)</name>
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        <title>Hingham Institution for Savings (The)</title>
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        <name>Digital Turbine, Inc.</name>
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        <name>Parke Bancorp, Inc.</name>
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        <title>Parke Bancorp, Inc.</title>
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      <invstOrSec>
        <name>Virginia National Bankshares Corp.</name>
        <lei>5493005LXSLNF92BF097</lei>
        <title>Virginia National Bankshares Corp.</title>
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        <name>Pagaya Technologies Ltd.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Intelligent Protection Management Corp.</name>
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      <invstOrSec>
        <name>Mobile Infrastructure Corp.</name>
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        <title>Mobile Infrastructure Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NextNav, Inc.</name>
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        <title>NextNav, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Tigo Energy, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TScan Therapeutics, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Capricor Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rent the Runway, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>I3 Verticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Scilex Holding Co.</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ACCESS Newswire, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Verastem, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Achieve Life Sciences, Inc.</name>
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        <title>Achieve Life Sciences, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Peapack-Gladstone Financial Corp.</name>
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        <title>Peapack-Gladstone Financial Corp.</title>
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        <name>Provident Bancorp, Inc.</name>
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        <name>Terawulf, Inc.</name>
        <lei>254900CVMW1SX2T78A64</lei>
        <title>Terawulf, Inc.</title>
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        <name>Abeona Therapeutics, Inc.</name>
        <lei>54930002Z8PIJRCB4576</lei>
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        <name>Rezolute, Inc.</name>
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        <title>Rezolute, Inc.</title>
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        <name>AXIL Brands, Inc.</name>
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        <name>i-80 Gold Corp.</name>
        <lei>549300LFFIWIGUEXPK11</lei>
        <title>i-80 Gold Corp.</title>
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        <invCountry>CA</invCountry>
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        <name>Red River Bancshares, Inc.</name>
        <lei>549300SO63STZV7UHM15</lei>
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        <name>Pure Cycle Corp.</name>
        <lei>N/A</lei>
        <title>Pure Cycle Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Verde Clean Fuels, Inc.</name>
        <lei>N/A</lei>
        <title>Verde Clean Fuels, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Braemar Hotels &amp; Resorts, Inc.</name>
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        <title>Braemar Hotels &amp; Resorts, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>indie Semiconductor, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Epsilon Energy Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ramaco Resources, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Modiv Industrial, Inc.</name>
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        <name>ONE Group Hospitality, Inc. (The)</name>
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        <name>PHX Minerals, Inc.</name>
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      <invstOrSec>
        <name>Legacy Housing Corp.</name>
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        <name>Shyft Group, Inc. (The)</name>
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        <name>Dawson Geophysical Co.</name>
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        <name>Quad/Graphics, Inc.</name>
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        <name>Viant Technology, Inc.</name>
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        <name>Preferred Bank</name>
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        <name>Univest Financial Corp.</name>
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        <name>Creative Realities, Inc.</name>
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        <name>MiNK Therapeutics, Inc.</name>
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        <name>Atlantic American Corp.</name>
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        <name>First Community Bankshares, Inc.</name>
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        <name>Cass Information Systems, Inc.</name>
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        <name>RAPT Therapeutics, Inc.</name>
        <lei>549300MB473BIU78ES48</lei>
        <title>RAPT Therapeutics, Inc.</title>
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        <name>Adaptive Biotechnologies Corp.</name>
        <lei>549300ZTF7OT1FW66Q96</lei>
        <title>Adaptive Biotechnologies Corp.</title>
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        <name>Accolade, Inc.</name>
        <lei>549300PHKG8J7A22NF08</lei>
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      </invstOrSec>
      <invstOrSec>
        <name>Larimar Therapeutics, Inc.</name>
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        <title>Larimar Therapeutics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Quipt Home Medical Corp.</name>
        <lei>N/A</lei>
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          <isin value="CA74880P1045"/>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Redwire Corp.</name>
        <lei>N/A</lei>
        <title>Redwire Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Peoples Bancorp of North Carolina, Inc.</name>
        <lei>N/A</lei>
        <title>Peoples Bancorp of North Carolina, Inc.</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BankFinancial Corp.</name>
        <lei>N/A</lei>
        <title>BankFinancial Corp.</title>
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          <isin value="US06643P1049"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Logility Supply Chain Solutions, Inc.</name>
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          <isin value="US0296831094"/>
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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>QuickLogic Corp.</name>
        <lei>529900V52LUN2EHHCH56</lei>
        <title>QuickLogic Corp.</title>
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          <isin value="US74837P4054"/>
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        <balance>31236.00000000</balance>
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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>Kiniksa Pharmaceuticals International plc</name>
        <lei>N/A</lei>
        <title>Kiniksa Pharmaceuticals International plc</title>
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          <isin value="GB00BRXB0C07"/>
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        <balance>85822.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northern Technologies International Corp.</name>
        <lei>N/A</lei>
        <title>Northern Technologies International Corp.</title>
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          <isin value="US6658091094"/>
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        <balance>17768.00000000</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>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PCB Bancorp</name>
        <lei>549300E5CI0LZ8Q25890</lei>
        <title>PCB Bancorp</title>
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          <isin value="US69320M1099"/>
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        <balance>24538.00000000</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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      <invstOrSec>
        <name>Instil Bio, Inc.</name>
        <lei>N/A</lei>
        <title>Instil Bio, Inc.</title>
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          <isin value="US45783C2008"/>
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        <balance>8589.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149105.04000000</valUSD>
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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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          <loanByFundCondition isLoanByFund="Y" loanVal="147282.24000000"/>
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      <invstOrSec>
        <name>Nvni Group Ltd.</name>
        <lei>N/A</lei>
        <title>Nvni Group Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="KYG507161027"/>
          <other otherDesc="Inhouse Asset ID" value="SBR1H1H23"/>
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        <balance>6920.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1482.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>nLight, Inc.</name>
        <lei>N/A</lei>
        <title>nLight, Inc.</title>
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          <isin value="US65487K1007"/>
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        <balance>103755.00000000</balance>
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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>DHI Group, Inc.</name>
        <lei>529900489RAC0CU0AO81</lei>
        <title>DHI Group, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bel Fuse, Inc.</name>
        <lei>2549009L4XYDBRRY6X39</lei>
        <title>Bel Fuse, Inc., Class B</title>
        <cusip>077347300</cusip>
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          <isin value="US0773473006"/>
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        <balance>23016.00000000</balance>
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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>Research Frontiers, Inc.</name>
        <lei>N/A</lei>
        <title>Research Frontiers, Inc.</title>
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          <isin value="US7609111072"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Escalade, Inc.</name>
        <lei>N/A</lei>
        <title>Escalade, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Altus Power, Inc.</name>
        <lei>5493005V83PBRWNLK259</lei>
        <title>Altus Power, Inc., Class A</title>
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          <isin value="US02217A1025"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Ideal Power, Inc.</name>
        <lei>529900GSUN7DW3QD5F50</lei>
        <title>Ideal Power, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Grove Collaborative Holdings</name>
        <lei>N/A</lei>
        <title>Grove Collaborative Holdings</title>
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          <isin value="US39957D2018"/>
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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>National CineMedia, Inc.</name>
        <lei>5493000MOLIVSOGKEB48</lei>
        <title>National CineMedia, Inc.</title>
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          <isin value="US6353092066"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>C4 Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>C4 Therapeutics, Inc.</title>
        <cusip>12529R107</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>Binah Capital Group, Inc.</name>
        <lei>549300V9UMPCDQBCUP61</lei>
        <title>Binah Capital Group, Inc.</title>
        <cusip>09032H105</cusip>
        <identifiers>
          <isin value="US09032H1059"/>
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        <balance>10653.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20560.29000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Network-1 Technologies, Inc.</name>
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      <invstOrSec>
        <name>Nordic American Tankers Ltd.</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        </securityLending>
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      <invstOrSec>
        <name>Talkspace, Inc.</name>
        <lei>N/A</lei>
        <title>Talkspace, Inc.</title>
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          <isin value="US87427V1035"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Yext, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Optex Systems Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NCS Multistage Holdings, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Zynex, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bioxcel Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CorMedix, Inc.</name>
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        <name>BigBear.ai Holdings, Inc.</name>
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        <name>BlueLinx Holdings, Inc.</name>
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        <name>Weyco Group, Inc.</name>
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        <name>CarParts.com, Inc.</name>
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        <name>Perma-Fix Environmental Services, Inc.</name>
        <lei>54930015OVD1T5P12U15</lei>
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        <name>Lument Finance Trust, Inc.</name>
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        <name>Geospace Technologies Corp.</name>
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        <name>Pioneer Power Solutions, Inc.</name>
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        <name>T1 Energy, Inc.</name>
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        <name>Candel Therapeutics, Inc.</name>
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        <name>Consumer Portfolio Services, Inc.</name>
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        <name>Bogota Financial Corp.</name>
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        <title>Bogota Financial Corp.</title>
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        <name>Crawford &amp; Co.</name>
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      <invstOrSec>
        <name>Proficient Auto Logistics, Inc.</name>
        <lei>N/A</lei>
        <title>Proficient Auto Logistics, Inc.</title>
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      <invstOrSec>
        <name>Ark Restaurants Corp.</name>
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        <name>Estrella Immunopharma, Inc.</name>
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        <name>Digimarc Corp.</name>
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        <name>Heritage Commerce Corp.</name>
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        <name>Clarus Corp.</name>
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        <name>DiaMedica Therapeutics, Inc.</name>
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        <name>Orchestra BioMed Holdings, Inc.</name>
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        <name>MBIA, Inc.</name>
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        <name>Chatham Lodging Trust</name>
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        <name>AEON Biopharma, Inc.</name>
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        <name>Team, Inc.</name>
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        <name>Palladyne AI Corp.</name>
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        <name>5E Advanced Materials, Inc.</name>
        <lei>254900H5C60Y146YOH74</lei>
        <title>5E Advanced Materials, Inc.</title>
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        <name>ScanSource, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Mid Bancshares, Inc.</name>
        <lei>N/A</lei>
        <title>First Mid Bancshares, Inc.</title>
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          <isin value="US3208661062"/>
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        <payoffProfile>Long</payoffProfile>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NeuroPace, Inc.</name>
        <lei>N/A</lei>
        <title>NeuroPace, Inc.</title>
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          <isin value="US6412881053"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NB Bancorp, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SIGA Technologies, Inc.</name>
        <lei>N/A</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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      <invstOrSec>
        <name>Kronos Bio, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US50107A1043"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Freightos Ltd.</name>
        <lei>N/A</lei>
        <title>Freightos Ltd.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KVH Industries, Inc.</name>
        <lei>N/A</lei>
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        <balance>35288.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ardmore Shipping Corp.</name>
        <lei>549300J8HD7K6BHD8O28</lei>
        <title>Ardmore Shipping Corp.</title>
        <cusip>N/A</cusip>
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          <isin value="MHY0207T1001"/>
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        <balance>93989.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ThredUp, Inc.</name>
        <lei>549300JKGKTKX3L3XK25</lei>
        <title>ThredUp, Inc., Class A</title>
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          <isin value="US88556E1029"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ESSA Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>ESSA Bancorp, Inc.</title>
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          <isin value="US29667D1046"/>
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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>Oportun Financial Corp.</name>
        <lei>549300351Y4J4FKIOR78</lei>
        <title>Oportun Financial Corp.</title>
        <cusip>68376D104</cusip>
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          <isin value="US68376D1046"/>
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        <balance>76608.00000000</balance>
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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>Penguin Solutions, Inc.</name>
        <lei>529900RDGHQY8XKXPN14</lei>
        <title>Penguin Solutions, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Golden Entertainment, Inc.</name>
        <lei>549300P8YYCKQVJ0Y638</lei>
        <title>Golden Entertainment, Inc.</title>
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        <balance>42712.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Intuitive Machines, Inc.</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Territorial Bancorp, Inc.</name>
        <lei>5493003VDUGN5KBPTN24</lei>
        <title>Territorial Bancorp, Inc.</title>
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          <isin value="US88145X1081"/>
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      <invstOrSec>
        <name>Liquidia Corp.</name>
        <lei>N/A</lei>
        <title>Liquidia Corp.</title>
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        <name>Stellar Bancorp, Inc.</name>
        <lei>54930070P8Z0WHFBB536</lei>
        <title>Stellar Bancorp, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>1-800-Flowers.com, Inc.</name>
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        <title>1-800-Flowers.com, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <name>Bassett Furniture Industries, Inc.</name>
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        <title>Bassett Furniture Industries, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Tiptree, Inc.</name>
        <lei>N/A</lei>
        <title>Tiptree, Inc.</title>
        <cusip>88822Q103</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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        <name>Synchronoss Technologies, Inc.</name>
        <lei>5493007Z5J8Z2TA76376</lei>
        <title>Synchronoss Technologies, Inc.</title>
        <cusip>87157B400</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>Metagenomi, Inc.</name>
        <lei>N/A</lei>
        <title>Metagenomi, Inc.</title>
        <cusip>59102M104</cusip>
        <identifiers>
          <isin value="US59102M1045"/>
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        <name>Inseego Corp.</name>
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        <name>AlTi Global, Inc.</name>
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        <name>Lulu's Fashion Lounge Holdings, Inc.</name>
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        <name>AXT, Inc.</name>
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        <name>Upland Software, Inc.</name>
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        </securityLending>
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        <name>Rackspace Technology, Inc.</name>
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        <name>Nathan's Famous, Inc.</name>
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        <name>Champions Oncology, Inc.</name>
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        <title>Champions Oncology, Inc.</title>
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        <name>Sezzle, Inc.</name>
        <lei>9845000CA64541AE3I35</lei>
        <title>Sezzle, Inc.</title>
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        <name>NVE Corp.</name>
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        <name>Personalis, Inc.</name>
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        <name>Silvercrest Asset Management Group, Inc.</name>
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        <name>CXApp, Inc.</name>
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        <name>Dime Community Bancshares, Inc.</name>
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        <name>United Fire Group, Inc.</name>
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        <name>Village Super Market, Inc.</name>
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        <name>Fulcrum Therapeutics, Inc.</name>
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        <name>Perdoceo Education Corp.</name>
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      <invstOrSec>
        <name>Central Pacific Financial Corp.</name>
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      <invstOrSec>
        <name>Peakstone Realty Trust</name>
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      <invstOrSec>
        <name>Mind Medicine MindMed, Inc.</name>
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        <invCountry>CA</invCountry>

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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CVRx, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>High Roller Technologies, Inc.</name>
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        <name>BCB Bancorp, Inc.</name>
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        <name>Cartesian Therapeutics, Inc.</name>
        <lei>529900NMN0LACZOL7C43</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Tectonic Therapeutic, Inc.</name>
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      <invstOrSec>
        <name>United Homes Group, Inc.</name>
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        <name>RCM Technologies, Inc.</name>
        <lei>N/A</lei>
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        <name>Aemetis, Inc.</name>
        <lei>254900DQF4U5U9W7AR72</lei>
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        <name>Fibrobiologics, Inc.</name>
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        <name>Alta Equipment Group, Inc.</name>
        <lei>549300DGOB28CLGS1X27</lei>
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        <name>Joint Corp. (The)</name>
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        <name>Contra CVR Catalyst, CVR</name>
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        <name>HF Foods Group, Inc.</name>
        <lei>54930040ARMFXM6CL697</lei>
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        <name>Vivakor, Inc.</name>
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        <name>Lantern Pharma, Inc.</name>
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        <name>Forafric Global plc</name>
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        <name>ASP Isotopes, Inc.</name>
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        <name>Titan Machinery, Inc.</name>
        <lei>549300835ZM8G0BT5C94</lei>
        <title>Titan Machinery, Inc.</title>
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      <invstOrSec>
        <name>Blink Charging Co.</name>
        <lei>N/A</lei>
        <title>Blink Charging Co.</title>
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        <name>Twin Disc, Inc.</name>
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        <name>Blend Labs, Inc.</name>
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        <name>Turnstone Biologics Corp.</name>
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        <name>iTeos Therapeutics, Inc.</name>
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        <name>Plumas Bancorp</name>
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        <name>Everspin Technologies, Inc.</name>
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        <name>Aldeyra Therapeutics, Inc.</name>
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        <name>Babcock &amp; Wilcox Enterprises, Inc.</name>
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        <name>Citizens Community Bancorp, Inc.</name>
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        <name>Puma Biotechnology, Inc.</name>
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        <name>HCW Biologics, Inc.</name>
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        <name>PepGen, Inc.</name>
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        <name>BARK, Inc.</name>
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        <name>Park Aerospace Corp.</name>
        <lei>5299004AG0G7IB636095</lei>
        <title>Park Aerospace Corp.</title>
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        <name>enVVeno Medical Corp.</name>
        <lei>549300KF5KREFECSNV87</lei>
        <title>enVVeno Medical Corp.</title>
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        <name>Blue Foundry Bancorp</name>
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        <name>Anixa Biosciences, Inc.</name>
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        <name>Nautilus Biotechnology, Inc.</name>
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        <name>Bit Digital, Inc.</name>
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        <name>Data Storage Corp.</name>
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        <name>Sierra Bancorp</name>
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        <name>Retractable Technologies, Inc.</name>
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        <name>Anika Therapeutics, Inc.</name>
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        <name>JAKKS Pacific, Inc.</name>
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        <name>Caleres, Inc.</name>
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        <name>Genie Energy Ltd.</name>
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        <name>Nerdy, Inc.</name>
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        <name>CytomX Therapeutics, Inc.</name>
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        <name>Tempest Therapeutics, Inc.</name>
        <lei>529900QLMOA3D8VSCN33</lei>
        <title>Tempest Therapeutics, Inc.</title>
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        <name>Lifeway Foods, Inc.</name>
        <lei>N/A</lei>
        <title>Lifeway Foods, Inc.</title>
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        <name>scPharmaceuticals, Inc.</name>
        <lei>549300F55SN4ZR2OA180</lei>
        <title>scPharmaceuticals, Inc.</title>
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      <invstOrSec>
        <name>Y-mAbs Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Y-mAbs Therapeutics, Inc.</title>
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      <invstOrSec>
        <name>Solo Brands, Inc.</name>
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        <name>Crexendo, Inc.</name>
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        <name>Unity Bancorp, Inc.</name>
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        </securityLending>
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        <name>Provident Financial Holdings, Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Shimmick Corp.</name>
        <lei>N/A</lei>
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        <name>Hudson Global, Inc.</name>
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        <name>Hippo Holdings, Inc.</name>
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        <name>Telomir Pharmaceuticals, Inc.</name>
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        <name>Bridger Aerospace Group Holdings, Inc.</name>
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        <name>Whitehawk Therapeutics, Inc.</name>
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        <name>TTEC Holdings, Inc.</name>
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        <name>Rigetti Computing, Inc.</name>
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        <name>Zimvie, Inc.</name>
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        <name>Granite Ridge Resources, Inc.</name>
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        <name>Niagen Bioscience, Inc.</name>
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        <name>Biodesix, Inc.</name>
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        <name>8x8, Inc.</name>
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        <name>OnKure Therapeutics, Inc.</name>
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        <name>GrowGeneration Corp.</name>
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        <name>Navitas Semiconductor Corp.</name>
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        <title>Navitas Semiconductor Corp.</title>
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        <name>Volato Group, Inc.</name>
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        <name>OneSpaWorld Holdings Ltd.</name>
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        <title>OneSpaWorld Holdings Ltd.</title>
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        <name>Lovesac Co. (The)</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kentucky First Federal Bancorp</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Voyager Therapeutics, Inc.</name>
        <lei>54930082S4XVR0ZWCC74</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Atossa Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FVCBankcorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lindblad Expeditions Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Preformed Line Products Co.</name>
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        <title>Preformed Line Products Co.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Spok Holdings, Inc.</name>
        <lei>549300HXXANIVN2ICC89</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Invesco Mortgage Capital, Inc.</name>
        <lei>PV3BDP2HFZL2FNXQBL39</lei>
        <title>Invesco Mortgage Capital, Inc.</title>
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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>Fractyl Health, Inc.</name>
        <lei>N/A</lei>
        <title>Fractyl Health, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NANO Nuclear Energy, Inc.</name>
        <lei>N/A</lei>
        <title>NANO Nuclear Energy, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ocular Therapeutix, Inc.</name>
        <lei>529900ABAWFXOHSIHG03</lei>
        <title>Ocular Therapeutix, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>HBT Financial, Inc.</name>
        <lei>549300NTXD4Q6UK5BY66</lei>
        <title>HBT Financial, Inc.</title>
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        <name>Select Water Solutions, Inc.</name>
        <lei>54930094OK8LA3QDW486</lei>
        <title>Select Water Solutions, Inc., Class A</title>
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        <name>Acrivon Therapeutics, Inc.</name>
        <lei>N/A</lei>
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        <name>Erasca, Inc.</name>
        <lei>N/A</lei>
        <title>Erasca, Inc.</title>
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        <name>VirTra, Inc.</name>
        <lei>549300BGHL1PW2M7IZ13</lei>
        <title>VirTra, Inc.</title>
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        <name>Rhinebeck Bancorp, Inc.</name>
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        <name>Ramaco Resources, Inc.</name>
        <lei>5493001BYUI4TCQOPF70</lei>
        <title>Ramaco Resources, Inc., Class A</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Quanex Building Products Corp.</name>
        <lei>5493000TL30VL5WOAW87</lei>
        <title>Quanex Building Products Corp.</title>
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        </securityLending>
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        <name>Interlink Electronics, Inc.</name>
        <lei>N/A</lei>
        <title>Interlink Electronics, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Pathfinder Bancorp, Inc.</name>
        <lei>549300OE0R516BNKW235</lei>
        <title>Pathfinder Bancorp, Inc.</title>
        <cusip>70319R109</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Haverty Furniture Cos., Inc.</name>
        <lei>529900CVFMMIRXZVPD70</lei>
        <title>Haverty Furniture Cos., Inc.</title>
        <cusip>419596101</cusip>
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        <balance>32677.00000000</balance>
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        <valUSD>644390.44000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Checkpoint Therapeutics, Inc.</name>
        <lei>549300NTOG3NRUKVKI74</lei>
        <title>Checkpoint Therapeutics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Emergent BioSolutions, Inc.</name>
        <lei>549300YW6TUOX8BE5103</lei>
        <title>Emergent BioSolutions, Inc.</title>
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          <isin value="US29089Q1058"/>
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        <balance>117477.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rallybio Corp.</name>
        <lei>N/A</lei>
        <title>Rallybio Corp.</title>
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          <isin value="US75120L1008"/>
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        <balance>62414.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <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>Ribbon Communications, Inc.</name>
        <lei>549300L1E8Z8RL7CUL52</lei>
        <title>Ribbon Communications, Inc.</title>
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          <isin value="US7625441040"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Aclaris Therapeutics, Inc.</name>
        <lei>5493000B2LQ9QTW1DF52</lei>
        <title>Aclaris Therapeutics, Inc.</title>
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          <isin value="US00461U1051"/>
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        <payoffProfile>Long</payoffProfile>
        <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>LendingTree, Inc.</name>
        <lei>549300ISY5YHUJZTON08</lei>
        <title>LendingTree, Inc.</title>
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          <isin value="US52603B1070"/>
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        <balance>22478.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FARO Technologies, Inc.</name>
        <lei>529900MFEFNOFP3YR823</lei>
        <title>FARO Technologies, Inc.</title>
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          <isin value="US3116421021"/>
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        <payoffProfile>Long</payoffProfile>
        <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>
        <name>Cidara Therapeutics, Inc.</name>
        <lei>549300IHQ9Z7RI1X2D22</lei>
        <title>Cidara Therapeutics, Inc.</title>
        <cusip>171757206</cusip>
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          <isin value="US1717572069"/>
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        <balance>9347.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Infrastructure Corp.</name>
        <lei>N/A</lei>
        <title>American Infrastructure Corp.</title>
        <cusip>02503H209</cusip>
        <identifiers>
          <isin value="US02503H2094"/>
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        <balance>5046.00000000</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>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FreightCar America, Inc.</name>
        <lei>254900UEML23YM2EQB31</lei>
        <title>FreightCar America, Inc.</title>
        <cusip>357023100</cusip>
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          <isin value="US3570231007"/>
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        <balance>34787.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Phunware, Inc.</name>
        <lei>549300HLAJYKT2FUQZ26</lei>
        <title>Phunware, Inc.</title>
        <cusip>71948P209</cusip>
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          <isin value="US71948P2092"/>
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        <balance>24044.00000000</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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      <invstOrSec>
        <name>Unifi, Inc.</name>
        <lei>549300MW5LPO0M2LNO04</lei>
        <title>Unifi, Inc.</title>
        <cusip>904677200</cusip>
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          <isin value="US9046772003"/>
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        <balance>30923.00000000</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>Powerfleet, Inc.</name>
        <lei>2549007NKEFPYEH4MF81</lei>
        <title>Powerfleet, Inc.</title>
        <cusip>73931J109</cusip>
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          <isin value="US73931J1097"/>
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        <balance>223038.00000000</balance>
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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>Hamilton Beach Brands Holding Co.</name>
        <lei>N/A</lei>
        <title>Hamilton Beach Brands Holding Co., Class A</title>
        <cusip>40701T104</cusip>
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          <isin value="US40701T1043"/>
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        <balance>18127.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MicroVision, Inc.</name>
        <lei>5299001A8NIHHA9KOY43</lei>
        <title>MicroVision, Inc.</title>
        <cusip>594960304</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Inhibrx, Inc.</name>
        <lei>549300VBKG2LTV1TLY22</lei>
        <title>Inhibrx, Inc., CVR</title>
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        <name>Amtech Systems, Inc.</name>
        <lei>5299008VRUUPETM6HZ85</lei>
        <title>Amtech Systems, Inc.</title>
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        <name>Sachem Capital Corp.</name>
        <lei>N/A</lei>
        <title>Sachem Capital Corp.</title>
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        <name>J Jill, Inc.</name>
        <lei>529900I19PJIF8MIDL12</lei>
        <title>J Jill, Inc.</title>
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        <name>Matrix Service Co.</name>
        <lei>529900VYBKSX6HD2YW58</lei>
        <title>Matrix Service Co.</title>
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        <assetCat>EC</assetCat>
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        <name>Willdan Group, Inc.</name>
        <lei>529900YQO0LF5VAEKN05</lei>
        <title>Willdan Group, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ennis, Inc.</name>
        <lei>N/A</lei>
        <title>Ennis, Inc.</title>
        <cusip>293389102</cusip>
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        <balance>56891.00000000</balance>
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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>Oil States International, Inc.</name>
        <lei>5493004TF4KQJGMYL777</lei>
        <title>Oil States International, Inc.</title>
        <cusip>678026105</cusip>
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        <balance>134448.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>692407.20000000</valUSD>
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      <invstOrSec>
        <name>Heritage Insurance Holdings, Inc.</name>
        <lei>9845008CCYDD87F66B45</lei>
        <title>Heritage Insurance Holdings, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>authID, Inc.</name>
        <lei>549300Y6W232R9ZMQS42</lei>
        <title>authID, Inc.</title>
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          <isin value="US46264C3051"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Usio, Inc.</name>
        <lei>N/A</lei>
        <title>Usio, Inc.</title>
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          <isin value="US9173131080"/>
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        <balance>49190.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Strawberry Fields REIT, Inc.</name>
        <lei>N/A</lei>
        <title>Strawberry Fields REIT, Inc.</title>
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          <isin value="US8631821019"/>
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        <balance>20553.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
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      <invstOrSec>
        <name>Carriage Services, Inc.</name>
        <lei>N/A</lei>
        <title>Carriage Services, Inc.</title>
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          <isin value="US1439051079"/>
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        <balance>30997.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enterprise Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Enterprise Bancorp, Inc.</title>
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          <isin value="US2936681095"/>
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        <balance>22091.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Plains Financial, Inc.</name>
        <lei>549300SNEBP48642N493</lei>
        <title>South Plains Financial, Inc.</title>
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          <isin value="US83946P1075"/>
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        <balance>26354.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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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>Ivanhoe Electric, Inc.</name>
        <lei>N/A</lei>
        <title>Ivanhoe Electric, Inc.</title>
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          <isin value="US46578C1080"/>
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        <balance>186397.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="1072136.73000000"/>
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      <invstOrSec>
        <name>374Water, Inc.</name>
        <lei>N/A</lei>
        <title>374Water, Inc.</title>
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          <isin value="US88583P1049"/>
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        <balance>152304.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51783.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="19584.00000000"/>
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      <invstOrSec>
        <name>Jupiter Neurosciences, Inc.</name>
        <lei>N/A</lei>
        <title>Jupiter Neurosciences, Inc.</title>
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          <isin value="US48208B2034"/>
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        <balance>12720.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cenntro, Inc.</name>
        <lei>N/A</lei>
        <title>Cenntro, Inc.</title>
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          <isin value="US1509641049"/>
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        <balance>48939.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42753.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="30401.24520000"/>
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      <invstOrSec>
        <name>Finward Bancorp</name>
        <lei>N/A</lei>
        <title>Finward Bancorp</title>
        <cusip>31812F109</cusip>
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          <isin value="US31812F1093"/>
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        <balance>9097.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>264722.70000000</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>Metropolitan Bank Holding Corp.</name>
        <lei>N/A</lei>
        <title>Metropolitan Bank Holding Corp.</title>
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          <isin value="US5917741044"/>
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        <balance>23588.00000000</balance>
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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>CF Bankshares, Inc.</name>
        <lei>5493005T7GGZJKF4UK64</lei>
        <title>CF Bankshares, Inc.</title>
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        <balance>8274.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Perpetua Resources Corp.</name>
        <lei>529900BQBMS383SEPY05</lei>
        <title>Perpetua Resources Corp.</title>
        <cusip>714266103</cusip>
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          <isin value="CA7142661031"/>
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        <balance>93955.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004378.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Limoneira Co.</name>
        <lei>549300UCPZVJGYHI7550</lei>
        <title>Limoneira Co.</title>
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          <isin value="US5327461043"/>
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        <balance>36904.00000000</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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      <invstOrSec>
        <name>Tyra Biosciences, Inc.</name>
        <lei>N/A</lei>
        <title>Tyra Biosciences, Inc.</title>
        <cusip>90240B106</cusip>
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          <isin value="US90240B1061"/>
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        <balance>43654.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Home Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Home Bancorp, Inc.</title>
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          <isin value="US43689E1073"/>
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        <balance>15770.00000000</balance>
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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>Thryv Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Thryv Holdings, Inc.</title>
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          <isin value="US8860292064"/>
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        <balance>85238.00000000</balance>
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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>Hour Loop, Inc.</name>
        <lei>N/A</lei>
        <title>Hour Loop, Inc.</title>
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          <isin value="US44170P1066"/>
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        <balance>3750.00000000</balance>
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      <invstOrSec>
        <name>IRIDEX Corp.</name>
        <lei>N/A</lei>
        <title>IRIDEX Corp.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Movado Group, Inc.</name>
        <lei>549300WCGCGPWGHVXM59</lei>
        <title>Movado Group, 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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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Evolution Petroleum Corp.</name>
        <lei>549300P9ZXGJZ6SSM116</lei>
        <title>Evolution Petroleum Corp.</title>
        <cusip>30049A107</cusip>
        <identifiers>
          <isin value="US30049A1079"/>
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        <balance>69879.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>361973.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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        <name>SoundHound AI, Inc.</name>
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        <name>AMREP Corp.</name>
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        <name>Akebia Therapeutics, Inc.</name>
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        <name>FrontView REIT, Inc.</name>
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        <name>Maze Therapeutics, Inc.</name>
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        <name>MiMedx Group, Inc.</name>
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        <name>Tenaya Therapeutics, Inc.</name>
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        <name>AngioDynamics, Inc.</name>
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        <name>Unicycive Therapeutics, Inc.</name>
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        <name>Fennec Pharmaceuticals, Inc.</name>
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        <name>CervoMed, Inc.</name>
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        <name>Ranpak Holdings Corp.</name>
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        <name>Superior Industries International, Inc.</name>
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        <name>BTCS, Inc.</name>
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        <name>SPAR Group, Inc.</name>
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        <name>CSP, Inc.</name>
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        <name>Concrete Pumping Holdings, Inc.</name>
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        <name>Dyadic International, Inc.</name>
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        <name>Chicago Atlantic Real Estate Finance, Inc.</name>
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        <title>Chicago Atlantic Real Estate Finance, Inc.</title>
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        <name>Anavex Life Sciences Corp.</name>
        <lei>549300K1I5L8COCQ8W36</lei>
        <title>Anavex Life Sciences Corp.</title>
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        <name>SunCoke Energy, Inc.</name>
        <lei>1KF1J2NXQE2PI0QOB943</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Vanguard Corp.</name>
        <lei>529900GWI78WZA5M9783</lei>
        <title>American Vanguard Corp.</title>
        <cusip>030371108</cusip>
        <identifiers>
          <isin value="US0303711081"/>
          <other otherDesc="Inhouse Asset ID" value="030371108"/>
        </identifiers>
        <balance>57228.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>251803.20000000</valUSD>
        <pctVal>0.031488812898</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>Rocky Brands, Inc.</name>
        <lei>5299004HQ6GCTW838N96</lei>
        <title>Rocky Brands, Inc.</title>
        <cusip>774515100</cusip>
        <identifiers>
          <isin value="US7745151008"/>
          <other otherDesc="Inhouse Asset ID" value="774515100"/>
        </identifiers>
        <balance>16181.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>281063.97000000</valUSD>
        <pctVal>0.035147967793</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>Terns Pharmaceuticals, Inc.</name>
        <lei>254900S1ZDQMF4MYP709</lei>
        <title>Terns Pharmaceuticals, Inc.</title>
        <cusip>880881107</cusip>
        <identifiers>
          <isin value="US8808811074"/>
          <other otherDesc="Inhouse Asset ID" value="880881107"/>
        </identifiers>
        <balance>156691.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>432467.16000000</valUSD>
        <pctVal>0.054081431396</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>CompX International, Inc.</name>
        <lei>N/A</lei>
        <title>CompX International, Inc., Class A</title>
        <cusip>20563P101</cusip>
        <identifiers>
          <isin value="US20563P1012"/>
          <other otherDesc="Inhouse Asset ID" value="20563P101"/>
        </identifiers>
        <balance>3515.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>72830.80000000</valUSD>
        <pctVal>0.009107729506</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>iCAD, Inc.</name>
        <lei>N/A</lei>
        <title>iCAD, Inc.</title>
        <cusip>44934S206</cusip>
        <identifiers>
          <isin value="US44934S2068"/>
          <other otherDesc="Inhouse Asset ID" value="44934S206"/>
        </identifiers>
        <balance>52875.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>108922.50000000</valUSD>
        <pctVal>0.013621114517</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="2884.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Galectin Therapeutics, Inc.</name>
        <lei>5299004HFYSAZM2ALW85</lei>
        <title>Galectin Therapeutics, Inc.</title>
        <cusip>363225202</cusip>
        <identifiers>
          <isin value="US3632252025"/>
          <other otherDesc="Inhouse Asset ID" value="363225202"/>
        </identifiers>
        <balance>20518.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25031.96000000</valUSD>
        <pctVal>0.003130328387</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="24780.64000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BrightView Holdings, Inc.</name>
        <lei>549300F8QN8YHVI7L866</lei>
        <title>BrightView Holdings, Inc.</title>
        <cusip>10948C107</cusip>
        <identifiers>
          <isin value="US10948C1071"/>
          <other otherDesc="Inhouse Asset ID" value="10948C107"/>
        </identifiers>
        <balance>133284.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1711366.56000000</valUSD>
        <pctVal>0.214011980026</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>Lifevantage Corp.</name>
        <lei>5493001Z5YYT109QZ980</lei>
        <title>Lifevantage Corp.</title>
        <cusip>53222K205</cusip>
        <identifiers>
          <isin value="US53222K2050"/>
          <other otherDesc="Inhouse Asset ID" value="53222K205"/>
        </identifiers>
        <balance>22078.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>321897.24000000</valUSD>
        <pctVal>0.040254301625</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="318675.06000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iRobot Corp.</name>
        <lei>5493009PRNKOUKBAT390</lei>
        <title>iRobot Corp.</title>
        <cusip>462726100</cusip>
        <identifiers>
          <isin value="US4627261005"/>
          <other otherDesc="Inhouse Asset ID" value="462726100"/>
        </identifiers>
        <balance>67889.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>183300.30000000</valUSD>
        <pctVal>0.022922301428</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="181440.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HomeStreet, Inc.</name>
        <lei>N/A</lei>
        <title>HomeStreet, Inc.</title>
        <cusip>43785V102</cusip>
        <identifiers>
          <isin value="US43785V1026"/>
          <other otherDesc="Inhouse Asset ID" value="43785V102"/>
        </identifiers>
        <balance>40817.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>479191.58000000</valUSD>
        <pctVal>0.059924472783</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>Spectral AI, Inc.</name>
        <lei>N/A</lei>
        <title>Spectral AI, Inc., Class A</title>
        <cusip>84757T105</cusip>
        <identifiers>
          <isin value="US84757T1051"/>
          <other otherDesc="Inhouse Asset ID" value="84757T105"/>
        </identifiers>
        <balance>23004.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26454.60000000</valUSD>
        <pctVal>0.003308234167</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="9430.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marine Products Corp.</name>
        <lei>N/A</lei>
        <title>Marine Products Corp.</title>
        <cusip>568427108</cusip>
        <identifiers>
          <isin value="US5684271084"/>
          <other otherDesc="Inhouse Asset ID" value="568427108"/>
        </identifiers>
        <balance>20003.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>167825.17000000</valUSD>
        <pctVal>0.020987085858</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>eHealth, Inc.</name>
        <lei>5299003O8Y5OKXUZQ421</lei>
        <title>eHealth, Inc.</title>
        <cusip>28238P109</cusip>
        <identifiers>
          <isin value="US28238P1093"/>
          <other otherDesc="Inhouse Asset ID" value="28238P109"/>
        </identifiers>
        <balance>64054.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>427880.72000000</valUSD>
        <pctVal>0.053507882088</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>M-Tron Industries, Inc.</name>
        <lei>N/A</lei>
        <title>M-Tron Industries, Inc.</title>
        <cusip>55380K109</cusip>
        <identifiers>
          <isin value="US55380K1097"/>
          <other otherDesc="Inhouse Asset ID" value="55380K109"/>
        </identifiers>
        <balance>5230.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>232944.20000000</valUSD>
        <pctVal>0.029130433329</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>Plymouth Industrial REIT, Inc.</name>
        <lei>N/A</lei>
        <title>Plymouth Industrial REIT, Inc.</title>
        <cusip>729640102</cusip>
        <identifiers>
          <isin value="US7296401026"/>
          <other otherDesc="Inhouse Asset ID" value="729640102"/>
        </identifiers>
        <balance>89500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1458850.00000000</valUSD>
        <pctVal>0.182433959129</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>Cambium Networks Corp.</name>
        <lei>549300OYSIGK6OT5WL04</lei>
        <title>Cambium Networks Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG177661090"/>
          <other otherDesc="Inhouse Asset ID" value="SBKC9Q283"/>
        </identifiers>
        <balance>28369.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20014.33000000</valUSD>
        <pctVal>0.002502857361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="19538.82250000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sportsman's Warehouse Holdings, Inc.</name>
        <lei>549300JVV8YLQSRSF462</lei>
        <title>Sportsman's Warehouse Holdings, Inc.</title>
        <cusip>84920Y106</cusip>
        <identifiers>
          <isin value="US84920Y1064"/>
          <other otherDesc="Inhouse Asset ID" value="84920Y106"/>
        </identifiers>
        <balance>84387.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>83889.12000000</valUSD>
        <pctVal>0.010490608554</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>Verve Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Verve Therapeutics, Inc.</title>
        <cusip>92539P101</cusip>
        <identifiers>
          <isin value="US92539P1012"/>
          <other otherDesc="Inhouse Asset ID" value="92539P101"/>
        </identifiers>
        <balance>158424.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>723997.68000000</valUSD>
        <pctVal>0.090538275465</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="1261.32000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ImmuCell Corp.</name>
        <lei>5493003G4YVJPVDW6U67</lei>
        <title>ImmuCell Corp.</title>
        <cusip>452525306</cusip>
        <identifiers>
          <isin value="US4525253062"/>
          <other otherDesc="Inhouse Asset ID" value="452525306"/>
        </identifiers>
        <balance>13036.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>62442.44000000</valUSD>
        <pctVal>0.007808631145</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="Monthly returns presented in B.5.a have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-03-31</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares Trust</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
