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        <name>ACI Worldwide, Inc.</name>
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      <invstOrSec>
        <name>ADTRAN Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Adeia, Inc.</name>
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      <invstOrSec>
        <name>Adobe, Inc.</name>
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      <invstOrSec>
        <name>Advanced Micro Devices, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Advanced Energy Industries, Inc.</name>
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        <title>Advanced Energy Industries, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Agilysys, Inc.</name>
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        <name>Akamai Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Alarm.com Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Alkami Technology, Inc.</name>
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        <name>Allegro MicroSystems, Inc.</name>
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        <name>Alphabet, Inc.</name>
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        <name>Alphabet, Inc.</name>
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        <name>Amkor Technology, Inc.</name>
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        <name>Amphenol Corp.</name>
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        <name>Analog Devices, Inc.</name>
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        <name>Appian Corp.</name>
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        <name>Appfolio, Inc.</name>
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        <name>Applied Digital Corp.</name>
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        <title>Applied Digital Corp.</title>
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        <name>Applied Materials, Inc.</name>
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        <name>Applied Optoelectronics, Inc.</name>
        <lei>529900I8U6Q5SYDNLT48</lei>
        <title>Applied Optoelectronics, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AppLovin Corp.</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>AppLovin Corp., Class A</title>
        <cusip>03831W108</cusip>
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      <invstOrSec>
        <name>Arista Networks, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Arlo Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Arrow Electronics, Inc.</name>
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        <title>Arrow Electronics, Inc.</title>
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        <name>Asana, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Astera Labs, Inc.</name>
        <lei>529900LJL8TUEGF7HG20</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Atlassian Corp.</name>
        <lei>549300V7ZY5P02D2MY38</lei>
        <title>Atlassian Corp., Class A</title>
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          <isin value="US0494681010"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Aurora Innovation, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Autodesk, Inc.</name>
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        <title>Autodesk, Inc.</title>
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          <isin value="US0527691069"/>
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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>AvePoint, Inc.</name>
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          <isin value="US0536041041"/>
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        <balance>76803.00000000</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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        <name>Aviat Networks, Inc.</name>
        <lei>549300Z3X8Z4MK52CI65</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Avnet, Inc.</name>
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        <title>Avnet, Inc.</title>
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        <name>Axcelis Technologies, Inc.</name>
        <lei>529900HF9B6NL1QG9F05</lei>
        <title>Axcelis Technologies, Inc.</title>
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        <name>BK Technologies Corp.</name>
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        <title>BK Technologies Corp.</title>
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        <name>Badger Meter, Inc.</name>
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        <name>BlackRock Funds III</name>
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        <name>BlackRock Funds III</name>
        <lei>549300JDHS1T46VWOG19</lei>
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        <name>Bel Fuse, Inc.</name>
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        <name>Bel Fuse, Inc.</name>
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        <name>Belden, Inc.</name>
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        <title>Belden, Inc.</title>
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        <name>Benchmark Electronics, Inc.</name>
        <lei>549300W18RHYZOZKOP53</lei>
        <title>Benchmark Electronics, Inc.</title>
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        <name>Bentley Systems, Inc.</name>
        <lei>549300WVEHPGE0Z56F71</lei>
        <title>Bentley Systems, Inc., Class B</title>
        <cusip>08265T208</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>BigBear.ai Holdings, Inc.</name>
        <lei>549300XGCF2ELN28CS63</lei>
        <title>BigBear.ai Holdings, Inc.</title>
        <cusip>08975B109</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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      <invstOrSec>
        <name>BILL Holdings, Inc.</name>
        <lei>549300IBF9VZZIGOZW63</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BitMine Immersion Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Blackbaud, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BlackBerry Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BlackLine, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Box, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Braze, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Broadcom, Inc.</name>
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        <name>C3.ai, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CCC Intelligent Solutions Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CDW Corp.</name>
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        <name>CGI, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CTS Corp.</name>
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        <title>CTS Corp.</title>
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        <name>Cadence Design Systems, Inc.</name>
        <lei>GCT7RXJOGLXPV0NXZY22</lei>
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        <name>Calix, Inc.</name>
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        <name>Cargurus, Inc.</name>
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        <name>Celestica, Inc.</name>
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        <name>Ciena Corp.</name>
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        <name>Cipher Mining, Inc.</name>
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        <name>Circle Internet Group, Inc.</name>
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        <name>Cirrus Logic, Inc.</name>
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        <name>Cisco Systems, Inc.</name>
        <lei>549300LKFJ962MZ46593</lei>
        <title>Cisco Systems, Inc.</title>
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        <name>Cleanspark, Inc.</name>
        <lei>254900VO7KBRJQDGY810</lei>
        <title>Cleanspark, Inc.</title>
        <cusip>18452B209</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
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      <invstOrSec>
        <name>Clearfield, Inc.</name>
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      <invstOrSec>
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        <name>Cognizant Technology Solutions Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Coherent Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cohu, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CommScope Holding Co., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Commvault Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CompoSecure, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Confluent, Inc.</name>
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        <name>CoreWeave, Inc.</name>
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        <name>Corning, Inc.</name>
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        <name>Crane NXT Co.</name>
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        <name>Crowdstrike Holdings, Inc.</name>
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        <name>DXC Technology Co.</name>
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        <name>Datadog, Inc.</name>
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        <name>Dell Technologies, Inc.</name>
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        <name>Descartes Systems Group, Inc. (The)</name>
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        <title>Descartes Systems Group, Inc. (The)</title>
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        <invCountry>CA</invCountry>
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        <name>Diebold Nixdorf, Inc.</name>
        <lei>549300XZK6EWDBAZSY16</lei>
        <title>Diebold Nixdorf, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Digi International, Inc.</name>
        <lei>529900KG656HGROI4N27</lei>
        <title>Digi International, Inc.</title>
        <cusip>253798102</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Trump Media &amp; Technology Group Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DigitalOcean Holdings, Inc.</name>
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        <title>DigitalOcean 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>Diodes, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DocuSign, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dolby Laboratories, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dropbox, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>D-Wave Quantum, Inc.</name>
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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>Dynatrace, Inc.</name>
        <lei>6488T0Z33CE9L61EX904</lei>
        <title>Dynatrace, Inc.</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Electronic Arts, Inc.</name>
        <lei>549300O7A67PUEYKDL45</lei>
        <title>Electronic Arts, 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>Enphase Energy, Inc.</name>
        <lei>5493008U7KIGMI59Z314</lei>
        <title>Enphase Energy, Inc.</title>
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        <balance>70724.00000000</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>Entegris, Inc.</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
        <title>Entegris, 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>EPAM Systems, Inc.</name>
        <lei>549300XCR4R530HJP604</lei>
        <title>EPAM Systems, Inc.</title>
        <cusip>29414B104</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>ePlus, Inc.</name>
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        <name>Extreme Networks, Inc.</name>
        <lei>549300WRECW11X94UB57</lei>
        <title>Extreme Networks, Inc.</title>
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        <name>Meta Platforms, Inc.</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Fair Isaac Corp.</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>Fair Isaac Corp.</title>
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        <name>Fastly, Inc.</name>
        <lei>549300E2FZC83FJ3H565</lei>
        <title>Fastly, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>F5, Inc.</name>
        <lei>54930015FPK9KT966303</lei>
        <title>F5, 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>First Solar, Inc.</name>
        <lei>549300NPYMLM4NHTOF27</lei>
        <title>First Solar, 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>Five9, Inc.</name>
        <lei>254900MXP6EWY0SFFR59</lei>
        <title>Five9, 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>FormFactor, Inc.</name>
        <lei>549300YCEEO6SZD1ZR61</lei>
        <title>FormFactor, Inc.</title>
        <cusip>346375108</cusip>
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        <curCd>USD</curCd>
        <valUSD>2395472.10000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fortinet, Inc.</name>
        <lei>549300O0QJWDBAS0QX03</lei>
        <title>Fortinet, Inc.</title>
        <cusip>34959E109</cusip>
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        <balance>343380.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27267805.80000000</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>Freshworks, Inc.</name>
        <lei>254900ULRGCUEIK0K191</lei>
        <title>Freshworks, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Gartner, Inc.</name>
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        <title>Gartner, Inc.</title>
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          <isin value="US3666511072"/>
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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>Gitlab, Inc.</name>
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          <isin value="US37637K1088"/>
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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>GoDaddy, Inc.</name>
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        <title>GoDaddy, 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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      <invstOrSec>
        <name>Grid Dynamics 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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      <invstOrSec>
        <name>Grindr, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Guidewire Software, Inc.</name>
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        <title>Guidewire Software, 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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HP, Inc.</name>
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        <title>HP, Inc.</title>
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          <isin value="US40434L1052"/>
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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>Harmonic, Inc.</name>
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        <title>Harmonic, Inc.</title>
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          <isin value="US4131601027"/>
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        <balance>61161.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hewlett Packard Enterprise Co.</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>Hewlett Packard Enterprise Co.</title>
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          <isin value="US42824C1099"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HubSpot, Inc.</name>
        <lei>529900BLNVEW0MVKJB37</lei>
        <title>HubSpot, Inc.</title>
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          <isin value="US4435731009"/>
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        <balance>28460.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11420998.00000000</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>Hut 8 Corp.</name>
        <lei>98450066FEF9C1D3FC20</lei>
        <title>Hut 8 Corp.</title>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IAC, Inc.</name>
        <lei>549300TO56L57RP6P031</lei>
        <title>IAC, Inc.</title>
        <cusip>44891N208</cusip>
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          <isin value="US44891N2080"/>
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        <balance>35418.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IPG Photonics Corp.</name>
        <lei>5493002KZ51CADQ94G15</lei>
        <title>IPG Photonics Corp.</title>
        <cusip>44980X109</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Impinj, Inc.</name>
        <lei>549300M26VGKSMMWWN17</lei>
        <title>Impinj, Inc.</title>
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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>Insight Enterprises, Inc.</name>
        <lei>529900S8991TYW6YP792</lei>
        <title>Insight Enterprises, Inc.</title>
        <cusip>45765U103</cusip>
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          <isin value="US45765U1034"/>
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        <balance>16393.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Intel Corp.</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corp.</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Intapp, 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>InterDigital, Inc.</name>
        <lei>529900HQAUTC3VI47G64</lei>
        <title>InterDigital, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>International Business Machines Corp.</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
        <title>International Business Machines Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Intuit, Inc.</name>
        <lei>VI90HBPH7XSFMB9E4M29</lei>
        <title>Intuit, 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>IonQ, Inc.</name>
        <lei>529900RB2VEFGLQS7G28</lei>
        <title>IonQ, Inc.</title>
        <cusip>46222L108</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Itron, Inc.</name>
        <lei>24F6LSZD18II6ICG6S41</lei>
        <title>Itron, Inc.</title>
        <cusip>465741106</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Jabil, Inc.</name>
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        <name>Jamf Holding Corp.</name>
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        <name>Ziff Davis, Inc.</name>
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        <name>KLA Corp.</name>
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        <name>Keysight Technologies, Inc.</name>
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        <name>Klaviyo, Inc.</name>
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        <name>Knowles Corp.</name>
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        <name>Kulicke &amp; Soffa Industries, Inc.</name>
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        <name>Kyndryl Holdings, Inc.</name>
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        <name>Lam Research Corp.</name>
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        <name>Lattice Semiconductor Corp.</name>
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        <name>Life360, Inc.</name>
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        <name>Lightspeed Commerce, Inc.</name>
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        <name>Littelfuse, Inc.</name>
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        <name>LiveRamp Holdings, Inc.</name>
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        <name>Lumentum Holdings, Inc.</name>
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        <name>MKS, Inc.</name>
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        <name>MACOM Technology Solutions Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>MACOM Technology Solutions Holdings, Inc.</title>
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        <name>Manhattan Associates, Inc.</name>
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        <name>MARA Holdings, Inc.</name>
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        <name>Marvell Technology, Inc.</name>
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        <name>Match Group, Inc.</name>
        <lei>15OMOPB0A8K0EFUVD031</lei>
        <title>Match Group, Inc.</title>
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        <name>MaxLinear, Inc.</name>
        <lei>549300EMOI0SM2IY4F64</lei>
        <title>MaxLinear, Inc.</title>
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      <invstOrSec>
        <name>Microsoft Corp.</name>
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        <title>Microsoft Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Strategy, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Microchip Technology, Inc.</name>
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        <name>Micron Technology, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mirion Technologies, Inc.</name>
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        <title>Mirion Technologies, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>MongoDB, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Monolithic Power Systems, Inc.</name>
        <lei>529900TB7O85LSZ1XU31</lei>
        <title>Monolithic Power Systems, 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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        <name>Motorola Solutions, Inc.</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>Motorola Solutions, Inc.</title>
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        <balance>90478.00000000</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>N-able, Inc.</name>
        <lei>N/A</lei>
        <title>N-able, Inc.</title>
        <cusip>62878D100</cusip>
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          <isin value="US62878D1000"/>
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        <balance>37001.00000000</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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        <name>NCR Voyix Corp.</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR Voyix Corp.</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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        <name>Napco Security Technologies, Inc.</name>
        <lei>529900KV21J4YY9YST76</lei>
        <title>Napco Security Technologies, Inc.</title>
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        <balance>20197.00000000</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>Navitas Semiconductor Corp.</name>
        <lei>529900T4K9WALWC76S49</lei>
        <title>Navitas Semiconductor Corp.</title>
        <cusip>63942X106</cusip>
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        <balance>107334.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>nCino, Inc.</name>
        <lei>549300WVRR2WR3L6MZ46</lei>
        <title>nCino, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>NetApp, Inc.</name>
        <lei>QTX3D84DZDD5JYOCYH15</lei>
        <title>NetApp, Inc.</title>
        <cusip>64110D104</cusip>
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        <balance>108438.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Netflix, Inc.</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>Netflix, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>NETGEAR, Inc.</name>
        <lei>54930067KX3UNRHDWA78</lei>
        <title>NETGEAR, Inc.</title>
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        <name>NetScout Systems, Inc.</name>
        <lei>5493005HZXZ3SPNVCV76</lei>
        <title>NetScout Systems, Inc.</title>
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        <name>NextNav, Inc.</name>
        <lei>549300X9CM76JRB02P70</lei>
        <title>NextNav, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>nLight, Inc.</name>
        <lei>N/A</lei>
        <title>nLight, Inc.</title>
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        <name>Gen Digital, Inc.</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>Gen Digital, Inc.</title>
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        <name>Novanta, Inc.</name>
        <lei>N/A</lei>
        <title>Novanta, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Nutanix, Inc.</name>
        <lei>549300X7J6E8TKVIXW09</lei>
        <title>Nutanix, 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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      <invstOrSec>
        <name>NVIDIA Corp.</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA Corp.</title>
        <cusip>67066G104</cusip>
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      <invstOrSec>
        <name>OSI Systems, Inc.</name>
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        <name>Okta, Inc.</name>
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      <invstOrSec>
        <name>ON Semiconductor Corp.</name>
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        <name>Onestream, Inc.</name>
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        <name>Onto Innovation, Inc.</name>
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        <name>Open Text Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Oracle Corp.</name>
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        <name>PC Connection, Inc.</name>
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        <name>PTC, Inc.</name>
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        <name>PagerDuty, Inc.</name>
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        <name>Palantir Technologies, Inc.</name>
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        <name>Palo Alto Networks, Inc.</name>
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        <name>PAR Technology Corp.</name>
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        <name>Pegasystems, Inc.</name>
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        <name>Photronics, Inc.</name>
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        <name>Pinterest, Inc.</name>
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        <name>Playtika Holding Corp.</name>
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        <name>Plexus Corp.</name>
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        <name>Power Integrations, Inc.</name>
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        <name>Procore Technologies, Inc.</name>
        <lei>5493005PTWY0RHYRAH22</lei>
        <title>Procore Technologies, Inc.</title>
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        <name>Progress Software Corp.</name>
        <lei>549300R65B3JG6972S24</lei>
        <title>Progress Software Corp.</title>
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        <name>Pure Storage, Inc.</name>
        <lei>549300NPDB0BZTK3WO90</lei>
        <title>Pure Storage, Inc., Class A</title>
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      <invstOrSec>
        <name>Qorvo, Inc.</name>
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      <invstOrSec>
        <name>Q2 Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Qnity Electronics, Inc.</name>
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        <name>QUALCOMM, Inc.</name>
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      <invstOrSec>
        <name>Qualys, Inc.</name>
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      <invstOrSec>
        <name>Quantum Computing, Inc.</name>
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        <name>Rambus, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ralliant Corp.</name>
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        <title>Ralliant Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Rapid7, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Reddit, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ribbon Communications, Inc.</name>
        <lei>549300L1E8Z8RL7CUL52</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Rigetti Computing, Inc.</name>
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        <name>RingCentral, Inc.</name>
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        <name>Riot Platforms, Inc.</name>
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        <name>ROBLOX Corp.</name>
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        <name>Rogers Corp.</name>
        <lei>PW0CN80KNFR7RUOOKJ84</lei>
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        <name>Roper Technologies, Inc.</name>
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        <name>Rubrik, Inc.</name>
        <lei>254900TRGK2WTBYMYU27</lei>
        <title>Rubrik, Inc., Class A</title>
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        <name>Rumble, Inc.</name>
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        <name>SPS Commerce, Inc.</name>
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        <name>Salesforce, Inc.</name>
        <lei>RCGZFPDMRW58VJ54VR07</lei>
        <title>Salesforce, Inc.</title>
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        <name>Samsara, Inc.</name>
        <lei>N/A</lei>
        <title>Samsara, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sandisk Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sanmina Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Semtech Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SEMrush Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SentinelOne, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ServiceNow, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ServiceTitan, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shopify, Inc.</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Silicon Laboratories, Inc.</name>
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      <invstOrSec>
        <name>SiTime Corp.</name>
        <lei>N/A</lei>
        <title>SiTime Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Skyworks Solutions, Inc.</name>
        <lei>549300WZ3ORQ2BVKBD96</lei>
        <title>Skyworks Solutions, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Snap, Inc.</name>
        <lei>549300JNC0L6VP8A2Q35</lei>
        <title>Snap, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Snowflake, Inc.</name>
        <lei>254900CJNSY1K7T53Z16</lei>
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        <name>SolarEdge Technologies, Inc.</name>
        <lei>5493000K6Y58XXPDF853</lei>
        <title>SolarEdge Technologies, Inc.</title>
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        <name>SoundHound AI, Inc.</name>
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        <name>Sprinklr, Inc.</name>
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        <name>Super Micro Computer, Inc.</name>
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        <name>Synaptics, Inc.</name>
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        <title>Synaptics, Inc.</title>
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        <name>Synopsys, Inc.</name>
        <lei>QG7T915N9S0NY5UKNE63</lei>
        <title>Synopsys, Inc.</title>
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        <name>TD SYNNEX Corp.</name>
        <lei>5493004HI6PFLF46NS53</lei>
        <title>TD SYNNEX Corp.</title>
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        <name>TTM Technologies, Inc.</name>
        <lei>549300SC4BDOIS008048</lei>
        <title>TTM Technologies, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Take-Two Interactive Software, Inc.</name>
        <lei>BOMSTHHJK882EWYX3334</lei>
        <title>Take-Two Interactive Software, Inc.</title>
        <cusip>874054109</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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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Teradata Corp.</name>
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        <title>Teradata Corp.</title>
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        <name>Teradyne, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Terawulf, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Texas Instruments, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Trimble, Inc.</name>
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        <name>TripAdvisor, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Twilio, Inc.</name>
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        <title>Twilio, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Tyler Technologies, Inc.</name>
        <lei>25490040SMU4Z8LBCW70</lei>
        <title>Tyler Technologies, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>UiPath, Inc.</name>
        <lei>5493000YP61KBELDHT53</lei>
        <title>UiPath, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Ultra Clean Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Unity Software, Inc.</name>
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        <title>Unity Software, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Universal Display Corp.</name>
        <lei>N/A</lei>
        <title>Universal Display Corp.</title>
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        <name>Varonis Systems, Inc.</name>
        <lei>549300SHIVNRRH7STS26</lei>
        <title>Varonis Systems, Inc.</title>
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        <name>Veeco Instruments, Inc.</name>
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        <name>VeriSign, Inc.</name>
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        <name>Vertex, Inc.</name>
        <lei>549300QMYW171MP1PL50</lei>
        <title>Vertex, Inc., Class A</title>
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        <name>Viasat, Inc.</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
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        <name>Viavi Solutions, Inc.</name>
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        <name>Vishay Intertechnology, Inc.</name>
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        <title>Vishay Intertechnology, Inc.</title>
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        <name>Vontier Corp.</name>
        <lei>549300VVSQLG4P5K4639</lei>
        <title>Vontier Corp.</title>
        <cusip>928881101</cusip>
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        <name>Western Digital Corp.</name>
        <lei>549300QQXOOYEF89IC56</lei>
        <title>Western Digital Corp.</title>
        <cusip>958102105</cusip>
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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>Workday, Inc.</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>Workday, Inc., Class A</title>
        <cusip>98138H101</cusip>
        <identifiers>
          <isin value="US98138H1014"/>
          <other otherDesc="Inhouse Asset ID" value="98138H101"/>
        </identifiers>
        <balance>117881.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25318481.18000000</valUSD>
        <pctVal>0.286422564338</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>Workiva, Inc.</name>
        <lei>529900RTOQ8GRWHY1O58</lei>
        <title>Workiva, Inc., Class A</title>
        <cusip>98139A105</cusip>
        <identifiers>
          <isin value="US98139A1051"/>
          <other otherDesc="Inhouse Asset ID" value="98139A105"/>
        </identifiers>
        <balance>28395.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2449068.75000000</valUSD>
        <pctVal>0.027705791142</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>Yelp, Inc.</name>
        <lei>5299007OU2DOSXPQBO35</lei>
        <title>Yelp, Inc.</title>
        <cusip>985817105</cusip>
        <identifiers>
          <isin value="US9858171054"/>
          <other otherDesc="Inhouse Asset ID" value="985817105"/>
        </identifiers>
        <balance>31733.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>964365.87000000</valUSD>
        <pctVal>0.010909664899</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>Zebra Technologies Corp.</name>
        <lei>PO0I32GKZ3HZMMDPZZ08</lei>
        <title>Zebra Technologies Corp., Class A</title>
        <cusip>989207105</cusip>
        <identifiers>
          <isin value="US9892071054"/>
          <other otherDesc="Inhouse Asset ID" value="989207105"/>
        </identifiers>
        <balance>27519.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6682163.58000000</valUSD>
        <pctVal>0.075593887891</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>Zeta Global Holdings Corp.</name>
        <lei>2549008P9XSJQHGQ9S27</lei>
        <title>Zeta Global Holdings Corp., Class A</title>
        <cusip>98956A105</cusip>
        <identifiers>
          <isin value="US98956A1051"/>
          <other otherDesc="Inhouse Asset ID" value="98956A105"/>
        </identifiers>
        <balance>108456.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2207079.60000000</valUSD>
        <pctVal>0.024968219627</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="86914.85000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZoomInfo Technologies, Inc.</name>
        <lei>2549008GSAHW4UWFEM58</lei>
        <title>ZoomInfo Technologies, Inc.</title>
        <cusip>98980F104</cusip>
        <identifiers>
          <isin value="US98980F1049"/>
          <other otherDesc="Inhouse Asset ID" value="98980F104"/>
        </identifiers>
        <balance>147581.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1500898.77000000</valUSD>
        <pctVal>0.016979346883</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>Zscaler, Inc.</name>
        <lei>529900MZ0RTK1BWRNF46</lei>
        <title>Zscaler, Inc.</title>
        <cusip>98980G102</cusip>
        <identifiers>
          <isin value="US98980G1022"/>
          <other otherDesc="Inhouse Asset ID" value="98980G102"/>
        </identifiers>
        <balance>55035.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12378472.20000000</valUSD>
        <pctVal>0.140035009403</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>Zoom Communications, Inc.</name>
        <lei>549300T9GCHU0ODOM055</lei>
        <title>Zoom Communications, Inc., Class A</title>
        <cusip>98980L101</cusip>
        <identifiers>
          <isin value="US98980L1017"/>
          <other otherDesc="Inhouse Asset ID" value="98980L101"/>
        </identifiers>
        <balance>144879.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12501608.91000000</valUSD>
        <pctVal>0.141428028676</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>Ambarella, Inc.</name>
        <lei>254900XN7F4DG0CEKC02</lei>
        <title>Ambarella, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG037AX1015"/>
          <other otherDesc="Inhouse Asset ID" value="SB7KH3G61"/>
        </identifiers>
        <balance>21721.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1538715.64000000</valUSD>
        <pctVal>0.017407161048</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>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Accenture plc</name>
        <lei>5493000EWHDSR3MZWH98</lei>
        <title>Accenture plc, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00B4BNMY34"/>
          <other otherDesc="Inhouse Asset ID" value="G1151C101"/>
        </identifiers>
        <balance>336880.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>90384904.00000000</valUSD>
        <pctVal>1.022505094090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credo Technology Group Holding Ltd.</name>
        <lei>N/A</lei>
        <title>Credo Technology Group Holding Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG254571055"/>
          <other otherDesc="Inhouse Asset ID" value="SBLD13F28"/>
        </identifiers>
        <balance>82697.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11899271.33000000</valUSD>
        <pctVal>0.134613912417</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>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fabrinet</name>
        <lei>5493004TETZ6IYF7CV44</lei>
        <title>Fabrinet</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3323L1005"/>
          <other otherDesc="Inhouse Asset ID" value="SB4JSZL84"/>
        </identifiers>
        <balance>19461.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8860204.08000000</valUSD>
        <pctVal>0.100233594389</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="546336.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seagate Technology Holdings plc</name>
        <lei>635400RUXIFEZSRU8X70</lei>
        <title>Seagate Technology Holdings plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BKVD2N49"/>
          <other otherDesc="Inhouse Asset ID" value="SBKVD2N45"/>
        </identifiers>
        <balance>118375.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32599291.25000000</valUSD>
        <pctVal>0.368788811977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TE Connectivity plc</name>
        <lei>6367003TB6K484NFHE54</lei>
        <title>TE Connectivity plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE000IVNQZ81"/>
          <other otherDesc="Inhouse Asset ID" value="SBRC3N842"/>
        </identifiers>
        <balance>159816.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>36359738.16000000</valUSD>
        <pctVal>0.411329943863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Xak Technology Equity Index</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="IXTH62027"/>
          <other otherDesc="Future Ticker" value="IXTH6 Index"/>
        </identifiers>
        <balance>14.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-19577.28000000</valUSD>
        <pctVal>-0.00022147358</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Future" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CME Clearing House</counterpartyName>
              <counterpartyLei>LCZ7XYGSLJUHFXXNXD88</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>E-Mini Technology Select Sector Index</indexName>
                <indexIdentifier>IXT Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2026-03-20</expDate>
            <notionalAmt>4095420.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-19577.28000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Elastic NV</name>
        <lei>2549003I48WHHH937I59</lei>
        <title>Elastic NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0013056914"/>
          <other otherDesc="Inhouse Asset ID" value="SBFXCLC63"/>
        </identifiers>
        <balance>50555.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3813869.20000000</valUSD>
        <pctVal>0.043145486830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NXP Semiconductors NV</name>
        <lei>724500M9BY5293JDF951</lei>
        <title>NXP Semiconductors NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0009538784"/>
          <other otherDesc="Inhouse Asset ID" value="SB505PN71"/>
        </identifiers>
        <balance>136719.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29676226.14000000</valUSD>
        <pctVal>0.335720801357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>S&amp;P E-Mini Services Equity Index, Series Mar26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="XASH62021"/>
          <other otherDesc="Future Ticker" value="XASH6 Index"/>
        </identifiers>
        <balance>7.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>12936.43000000</valUSD>
        <pctVal>0.000146347066</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Future" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CME Clearing House</counterpartyName>
              <counterpartyLei>LCZ7XYGSLJUHFXXNXD88</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P E-Mini Communication Services Futures</indexName>
                <indexIdentifier>IXCPR Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2026-03-20</expDate>
            <notionalAmt>1085000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>12936.43000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Flex Ltd.</name>
        <lei>549300EAQH74YHD07T53</lei>
        <title>Flex Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG9999000020"/>
          <other otherDesc="Inhouse Asset ID" value="Y2573F102"/>
        </identifiers>
        <balance>200885.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12137471.70000000</valUSD>
        <pctVal>0.137308622274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</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>2025-12-31</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>
  <documents>XXXX</documents>
</edgarSubmission>
