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      <invstOrSec>
        <name>Match Group, Inc.</name>
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      <invstOrSec>
        <name>Chesapeake Utilities Corp.</name>
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        <name>nCino, Inc.</name>
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        <name>Gulfport Energy Corp.</name>
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        <name>Dolby Laboratories, Inc.</name>
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        <name>FirstCash Holdings, Inc.</name>
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      <invstOrSec>
        <name>Addus HomeCare Corp.</name>
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        <name>Ionis Pharmaceuticals, Inc.</name>
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        <name>Ingredion, Inc.</name>
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        <name>OGE Energy Corp.</name>
        <lei>CE5OG6JPOZMDSA0LAQ19</lei>
        <title>OGE Energy Corp.</title>
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        <name>Landstar System, Inc.</name>
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        <name>Cal-Maine Foods, Inc.</name>
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        <name>Madrigal Pharmaceuticals, Inc.</name>
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        <name>Balchem Corp.</name>
        <lei>549300VR70OPMHUI3557</lei>
        <title>Balchem Corp.</title>
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        <name>Two Harbors Investment Corp.</name>
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        <name>Ligand Pharmaceuticals, Inc.</name>
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        <name>Gentex Corp.</name>
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        <name>BioMarin Pharmaceutical, Inc.</name>
        <lei>NSLL8ITTRR0J5HEMR848</lei>
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        <name>New Jersey Resources Corp.</name>
        <lei>549300QKBSQBIX4DQ583</lei>
        <title>New Jersey Resources Corp.</title>
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        <name>Flowers Foods, Inc.</name>
        <lei>7YNCQQNDK8FBM9BBTK25</lei>
        <title>Flowers Foods, Inc.</title>
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        <name>OPENLANE, Inc.</name>
        <lei>5493004HKD20LBSG7D03</lei>
        <title>OPENLANE, Inc.</title>
        <cusip>48238T109</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Tootsie Roll Industries, Inc.</name>
        <lei>529900SBKOV9XX4M4Q35</lei>
        <title>Tootsie Roll Industries, Inc.</title>
        <cusip>890516107</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Ingles Markets, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Jazz Pharmaceuticals plc</name>
        <lei>635400GAUMJCLEZRRV50</lei>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Option Care Health, Inc.</name>
        <lei>549300DI3Q5ACSYJRI17</lei>
        <title>Option Care Health, Inc.</title>
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          <isin value="US68404L2016"/>
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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>BJ's Wholesale Club Holdings, Inc.</name>
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        <title>BJ's Wholesale Club Holdings, 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>Grindr, Inc.</name>
        <lei>254900J9EDQSYT0ERQ67</lei>
        <title>Grindr, Inc.</title>
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          <isin value="US39854F1012"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kinsale Capital Group, Inc.</name>
        <lei>529900QTUQHNZ6HOA508</lei>
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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>Palvella Therapeutics, Inc.</name>
        <lei>254900AJDH8PAOOI5T33</lei>
        <title>Palvella Therapeutics, Inc.</title>
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          <isin value="US6979471090"/>
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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>Madison Square Garden Sports Corp.</name>
        <lei>N/A</lei>
        <title>Madison Square Garden Sports Corp.</title>
        <cusip>55825T103</cusip>
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          <isin value="US55825T1034"/>
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        <balance>7839.00000000</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>Plains GP Holdings LP</name>
        <lei>549300O56BSKRD8FAM12</lei>
        <title>Plains GP Holdings LP, Class A</title>
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          <isin value="US72651A2078"/>
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        <balance>86721.00000000</balance>
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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>Orchid Island Capital, Inc.</name>
        <lei>549300KBIHGT19K9DY89</lei>
        <title>Orchid Island Capital, Inc.</title>
        <cusip>68571X301</cusip>
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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>Soleno Therapeutics, Inc.</name>
        <lei>5493003LCY77N7FXK844</lei>
        <title>Soleno Therapeutics, Inc.</title>
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          <isin value="US8342033094"/>
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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>Employers Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Employers Holdings, Inc.</title>
        <cusip>292218104</cusip>
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          <isin value="US2922181043"/>
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        <balance>11804.00000000</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>Tarsus Pharmaceuticals, Inc.</name>
        <lei>N/A</lei>
        <title>Tarsus Pharmaceuticals, Inc.</title>
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          <isin value="US87650L1035"/>
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        <balance>4332.00000000</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>Dynex Capital, Inc.</name>
        <lei>5CIJ4S9HAEBWILA19B65</lei>
        <title>Dynex Capital, Inc.</title>
        <cusip>26817Q886</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Merit Medical Systems, Inc.</name>
        <lei>549300OYTY138SP2CE83</lei>
        <title>Merit Medical Systems, Inc.</title>
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        <name>Dropbox, Inc.</name>
        <lei>549300JCDF7UAR6TJR51</lei>
        <title>Dropbox, Inc., Class A</title>
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        <name>Lantheus Holdings, Inc.</name>
        <lei>5299005HUB5IOJGO7S39</lei>
        <title>Lantheus Holdings, Inc.</title>
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        <name>BlackRock Funds III</name>
        <lei>549300JDHS1T46VWOG19</lei>
        <title>BlackRock Cash Funds: Institutional, SL Agency Shares</title>
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        <name>Choice Hotels International, Inc.</name>
        <lei>5493003CYRY5RFGTIR97</lei>
        <title>Choice Hotels International, Inc.</title>
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        <name>Albertsons Cos., Inc.</name>
        <lei>549300YKWOC0AOR16R51</lei>
        <title>Albertsons Cos., Inc., Class A</title>
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        <name>National Health Investors, Inc.</name>
        <lei>549300ZPKZIG6DKDEC02</lei>
        <title>National Health Investors, Inc.</title>
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        <name>Weis Markets, Inc.</name>
        <lei>N/A</lei>
        <title>Weis Markets, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Strategic Education, Inc.</name>
        <lei>2549002UYIM8Q5EC8H36</lei>
        <title>Strategic Education, Inc.</title>
        <cusip>86272C103</cusip>
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        <balance>1836.00000000</balance>
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        <invCountry>US</invCountry>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Viper Energy, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US64361Q1013"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Revolution Medicines, Inc.</name>
        <lei>549300JU3X0LBCQ65892</lei>
        <title>Revolution Medicines, Inc.</title>
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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>McGrath RentCorp</name>
        <lei>254900EUH6IPWFQ83445</lei>
        <title>McGrath RentCorp</title>
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          <isin value="US5805891091"/>
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        <balance>3665.00000000</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>Bright Horizons Family Solutions, Inc.</name>
        <lei>2549009BKSVTM7UEYT38</lei>
        <title>Bright Horizons Family Solutions, Inc.</title>
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          <isin value="US1091941005"/>
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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>Curbline Properties Corp.</name>
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          <isin value="US23128Q1013"/>
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        <balance>9798.00000000</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>GPGI, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Teleflex, Inc.</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
        <title>Teleflex, 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>Genco Shipping &amp; Trading Ltd.</name>
        <lei>5493003MBZ5GU8QHXZ58</lei>
        <title>Genco Shipping &amp; Trading Ltd.</title>
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          <isin value="MHY2685T1313"/>
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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>Leonardo DRS, Inc.</name>
        <lei>549300HMMEWVG3PPQU18</lei>
        <title>Leonardo DRS, Inc.</title>
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          <isin value="US52661A1088"/>
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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>RBC Bearings, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US75524B1044"/>
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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>iRadimed Corp.</name>
        <lei>549300YVHWP0YJ1YW816</lei>
        <title>iRadimed Corp.</title>
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        <balance>3121.00000000</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>McEwen, Inc.</name>
        <lei>5493000FX50GEWAF3U70</lei>
        <title>McEwen, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Grand Canyon Education, Inc.</name>
        <lei>529900XFER799IYOSW74</lei>
        <title>Grand Canyon Education, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Barrett Business Services, Inc.</name>
        <lei>529900HXB6TMG0SR9Y34</lei>
        <title>Barrett Business Services, Inc.</title>
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        <name>Viavi Solutions, Inc.</name>
        <lei>5493006K3E3N1QOBF092</lei>
        <title>Viavi Solutions, Inc.</title>
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        <name>Essential Properties Realty Trust, Inc.</name>
        <lei>2549009LXQLVYCGLZO50</lei>
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        <name>Knight-Swift Transportation Holdings, Inc.</name>
        <lei>N/A</lei>
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        <name>Omega Healthcare Investors, Inc.</name>
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        <name>Ideaya Biosciences, Inc.</name>
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        <name>Aramark</name>
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        <name>Roivant Sciences Ltd.</name>
        <lei>549300DL466NY5J6U724</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Molina Healthcare, Inc.</name>
        <lei>549300NQQCEQ46YHZ591</lei>
        <title>Molina Healthcare, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Box, Inc.</name>
        <lei>549300KQUCPD8687YS68</lei>
        <title>Box, Inc., Class A</title>
        <cusip>10316T104</cusip>
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        <balance>72903.00000000</balance>
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        <name>Brink's Co. (The)</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>National HealthCare Corp.</name>
        <lei>254900PTS11LS1JS2752</lei>
        <title>National HealthCare Corp.</title>
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          <isin value="US6359061008"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Essent Group Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Tetra Tech, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lamb Weston Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Visteon Corp.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>ICF International, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GATX Corp.</name>
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        <title>GATX Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Vertex, Inc.</name>
        <lei>549300QMYW171MP1PL50</lei>
        <title>Vertex, Inc., Class A</title>
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      <invstOrSec>
        <name>Parsons Corp.</name>
        <lei>549300ZXH0VRBSEPX752</lei>
        <title>Parsons Corp.</title>
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      <invstOrSec>
        <name>Casella Waste Systems, Inc.</name>
        <lei>8EU0XUFVJ48U37IIDH51</lei>
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        <name>Healthcare Services Group, Inc.</name>
        <lei>529900GVZ1D2FBYMS719</lei>
        <title>Healthcare Services Group, Inc.</title>
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        <name>Safety Insurance Group, Inc.</name>
        <lei>254900LDCFLA3J746840</lei>
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        <name>Brady Corp.</name>
        <lei>549300G2LEQOFQC8GY34</lei>
        <title>Brady Corp., Class A</title>
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        <name>J &amp; J Snack Foods Corp.</name>
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        <name>Exelixis, Inc.</name>
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        <name>Cinemark Holdings, Inc.</name>
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        <name>California Water Service Group</name>
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        <name>HealthEquity, Inc.</name>
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        <name>Shenandoah Telecommunications Co.</name>
        <lei>549300XH3H4OUKFPHS84</lei>
        <title>Shenandoah Telecommunications Co.</title>
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        <name>Maplebear, Inc.</name>
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        <title>Maplebear, Inc.</title>
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        <name>Vital Farms, Inc.</name>
        <lei>549300S6NYY7ER3XOT61</lei>
        <title>Vital Farms, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>National Beverage Corp.</name>
        <lei>549300O9MZIQJI8TGV17</lei>
        <title>National Beverage Corp.</title>
        <cusip>635017106</cusip>
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        <name>Seaboard Corp.</name>
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      <invstOrSec>
        <name>Old Republic International Corp.</name>
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        <title>Old Republic International Corp.</title>
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        <name>Fulgent Genetics, Inc.</name>
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        <name>Xenon Pharmaceuticals, Inc.</name>
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        <name>Amicus Therapeutics, Inc.</name>
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        <name>Brookdale Senior Living, Inc.</name>
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        <name>Mercury Systems, Inc.</name>
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        <name>Genpact Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HealthStream, Inc.</name>
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        <name>Verra Mobility Corp.</name>
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        <name>Northwestern Energy Group, Inc.</name>
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        <name>Pilgrim's Pride Corp.</name>
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        <name>Ultragenyx Pharmaceutical, Inc.</name>
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        <name>NewMarket Corp.</name>
        <lei>54930082CG88ERDREQ47</lei>
        <title>NewMarket Corp.</title>
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        <name>Exponent, Inc.</name>
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        <name>Qualys, Inc.</name>
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        <title>Qualys, Inc.</title>
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        <name>Ensign Group, Inc. (The)</name>
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        <name>ARMOUR Residential REIT, Inc.</name>
        <lei>549300K0WA0EJUX74V72</lei>
        <title>ARMOUR Residential REIT, Inc.</title>
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        <name>MarketAxess Holdings, Inc.</name>
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        <title>MarketAxess Holdings, Inc.</title>
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        <name>Axis Capital Holdings Ltd.</name>
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        <name>ESCO Technologies, Inc.</name>
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        <name>Horace Mann Educators Corp.</name>
        <lei>254900G5YAV3A2YK8T32</lei>
        <title>Horace Mann Educators Corp.</title>
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        <name>Daily Journal Corp.</name>
        <lei>2549004ASTNVLR8YWZ33</lei>
        <title>Daily Journal Corp.</title>
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        <name>Seneca Foods Corp.</name>
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        <name>ExlService Holdings, Inc.</name>
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        <name>Adtalem Global Education, Inc.</name>
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        <name>TD SYNNEX Corp.</name>
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        <name>Alignment Healthcare, Inc.</name>
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        <name>Encompass Health Corp.</name>
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        <name>Atlanta Braves Holdings, Inc.</name>
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        <name>White Mountains Insurance Group Ltd.</name>
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        <name>Stride, Inc.</name>
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        <name>Valvoline, Inc.</name>
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        <name>TKO Group Holdings, Inc.</name>
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        <name>Sensient Technologies Corp.</name>
        <lei>CMMZHMFZQG86EI7WZU92</lei>
        <title>Sensient Technologies Corp.</title>
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      <invstOrSec>
        <name>Mission Produce, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Clearwater Analytics Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ADT, Inc.</name>
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      <invstOrSec>
        <name>Simply Good Foods Co. (The)</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Collegium Pharmaceutical, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LivaNova plc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chemed Corp.</name>
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        <title>Chemed Corp.</title>
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          <isin value="US16359R1032"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Four Corners Property Trust, Inc.</name>
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        <name>Vaxcyte, Inc.</name>
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      <invstOrSec>
        <name>Clear Secure, Inc.</name>
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        <name>Smartstop Self Storage REIT, Inc.</name>
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        <title>Smartstop Self Storage REIT, Inc.</title>
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      <invstOrSec>
        <name>Avista Corp.</name>
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        <title>Avista Corp.</title>
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        <name>Ollie's Bargain Outlet Holdings, Inc.</name>
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        <title>Ollie's Bargain Outlet Holdings, Inc.</title>
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        <name>Conagra Brands, Inc.</name>
        <lei>54930035UDEIH090K650</lei>
        <title>Conagra Brands, Inc.</title>
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        <name>NioCorp Developments Ltd.</name>
        <lei>5299001QL26XJPOD3A17</lei>
        <title>NioCorp Developments Ltd.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Axsome Therapeutics, Inc.</name>
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        <name>Kimbell Royalty Partners LP</name>
        <lei>5493007FC11POVYRB841</lei>
        <title>Kimbell Royalty Partners LP</title>
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      <invstOrSec>
        <name>WD-40 Co.</name>
        <lei>549300UZHTN0CNKBOB19</lei>
        <title>WD-40 Co.</title>
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        <name>Palomar Holdings, Inc.</name>
        <lei>549300DOI1MUW11BLX74</lei>
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        <name>ADMA Biologics, Inc.</name>
        <lei>N/A</lei>
        <title>ADMA Biologics, Inc.</title>
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        <name>International Seaways, Inc.</name>
        <lei>549300YUFDGFRNGBWF46</lei>
        <title>International Seaways, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Calix, Inc.</name>
        <lei>5299002RQRZ4SXSCSJ58</lei>
        <title>Calix, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>API Group Corp.</name>
        <lei>213800NZT1VX6PZ7BT53</lei>
        <title>API Group Corp.</title>
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      <invstOrSec>
        <name>Ducommun, Inc.</name>
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      <invstOrSec>
        <name>American States Water Co.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hackett Group, Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alexander &amp; Baldwin, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Antero Midstream Corp.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Guardian Pharmacy Services, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Liberty Global Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KBR, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Coca-Cola Consolidated, Inc.</name>
        <lei>57VG5X0E00X0QJU7CQ58</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AptarGroup, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Par Pacific Holdings, Inc.</name>
        <lei>549300BTNS7MHSHRLR55</lei>
        <title>Par Pacific Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IMAX Corp.</name>
        <lei>894500GS1ESLAPZCEI74</lei>
        <title>IMAX Corp.</title>
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        <invCountry>CA</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Casey's General Stores, Inc.</name>
        <lei>549300CAFWSI86V66Q65</lei>
        <title>Casey's General Stores, Inc.</title>
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        <name>CSG Systems International, Inc.</name>
        <lei>549300D7FJZUOHHXUA81</lei>
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        <name>Donegal Group, Inc.</name>
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        <name>CNX Resources Corp.</name>
        <lei>549300JK3KH8PWM3B226</lei>
        <title>CNX Resources Corp.</title>
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        <name>Huntington Ingalls Industries, Inc.</name>
        <lei>5TZLZ6WJTBVJ0QWBG121</lei>
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        <name>Hanover Insurance Group, Inc. (The)</name>
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        <name>Catalyst Pharmaceuticals, Inc.</name>
        <lei>5299004O0R5XXLA5H544</lei>
        <title>Catalyst Pharmaceuticals, Inc.</title>
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        <name>NETSTREIT Corp.</name>
        <lei>254900CJL0EDMEQ25Q84</lei>
        <title>NETSTREIT Corp.</title>
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        <name>MSA Safety, Inc.</name>
        <lei>529900DVA3258XK11O39</lei>
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        </securityLending>
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      <invstOrSec>
        <name>QXO, Inc.</name>
        <lei>N/A</lei>
        <title>QXO, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>ACADIA Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sprinklr, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Post Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        </securityLending>
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      <invstOrSec>
        <name>ARS Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HCI Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Schneider National, Inc.</name>
        <lei>529900V6GZ6G6E3BLV72</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Cadre Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Array Digital Infrastructure, Inc.</name>
        <lei>549300B164AZXESI6E03</lei>
        <title>Array Digital Infrastructure, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Sabra Health Care REIT, Inc.</name>
        <lei>549300E3BC7GU7TAZ621</lei>
        <title>Sabra Health Care REIT, Inc.</title>
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        <name>Penumbra, Inc.</name>
        <lei>549300RGE06P3ECANU72</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Henry Schein, Inc.</name>
        <lei>VGO3WGL8H45T73F4RR92</lei>
        <title>Henry Schein, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Appfolio, Inc.</name>
        <lei>529900OOUUGT6JFC0S15</lei>
        <title>Appfolio, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>TIC Solutions, Inc.</name>
        <lei>213800ZDFRNC8QXEZ481</lei>
        <title>TIC Solutions, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>TXNM Energy, Inc.</name>
        <lei>5493003JOBJGLZSDDQ28</lei>
        <title>TXNM Energy, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>RenaissanceRe Holdings Ltd.</name>
        <lei>EK6GB9U3U58PDI411C94</lei>
        <title>RenaissanceRe Holdings Ltd.</title>
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        <invCountry>BM</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>A10 Networks, Inc.</name>
        <lei>549300UQD4IWUML81Q35</lei>
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        <name>Planet Fitness, Inc.</name>
        <lei>549300LLE5HUPF6H8G33</lei>
        <title>Planet Fitness, Inc., Class A</title>
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        <name>Campbell's Co. (The)</name>
        <lei>5493007JDSMX8Z5Z1902</lei>
        <title>Campbell's Co. (The)</title>
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        <name>Sturm Ruger &amp; Co., Inc.</name>
        <lei>529900DV1BWFJSHFO847</lei>
        <title>Sturm Ruger &amp; Co., Inc.</title>
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        <name>Itron, Inc.</name>
        <lei>24F6LSZD18II6ICG6S41</lei>
        <title>Itron, Inc.</title>
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        <name>Zymeworks, Inc.</name>
        <lei>894500AHOYAGYLYZJL67</lei>
        <title>Zymeworks, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Contra Chinook Therape</name>
        <lei>N/A</lei>
        <title>Contra Chinook Therape, CVR</title>
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        <balance>72502.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Frontdoor, Inc.</name>
        <lei>5493008RB0JZJI3QGZ06</lei>
        <title>Frontdoor, Inc.</title>
        <cusip>35905A109</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Akamai Technologies, Inc.</name>
        <lei>OC1LZNN2LF5WTJ5RIL89</lei>
        <title>Akamai Technologies, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LTC Properties, Inc.</name>
        <lei>549300NRZP8IJG2KY677</lei>
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          <isin value="US5021751020"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>National Presto Industries, 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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      <invstOrSec>
        <name>Guidewire Software, Inc.</name>
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          <isin value="US40171V1008"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Science Applications International Corp.</name>
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        <title>Science Applications International 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>Supernus Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Reynolds Consumer Products, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sila Realty Trust, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dorman Products, Inc.</name>
        <lei>2549000O0BBUX740XR59</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Paramount Skydance Corp.</name>
        <lei>529900B6VAJG54Y9QF02</lei>
        <title>Paramount Skydance Corp., Class B</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Marten Transport Ltd.</name>
        <lei>N/A</lei>
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          <isin value="US5730751089"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Spire, Inc.</name>
        <lei>549300NXSY15DRY2R511</lei>
        <title>Spire, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Aurinia Pharmaceuticals, Inc.</name>
        <lei>5299008YP2BW4570ML28</lei>
        <title>Aurinia Pharmaceuticals, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>BlackRock Funds III</name>
        <lei>549300JDHS1T46VWOG19</lei>
        <title>BlackRock Cash Funds: Institutional, SL Agency Shares</title>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Monarch Casino &amp; Resort, Inc.</name>
        <lei>549300AK5FF7KY11V997</lei>
        <title>Monarch Casino &amp; Resort, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ANI Pharmaceuticals, Inc.</name>
        <lei>5493000T6CXTND40YH31</lei>
        <title>ANI Pharmaceuticals, Inc.</title>
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        <name>Upstream Bio, Inc.</name>
        <lei>N/A</lei>
        <title>Upstream Bio, Inc.</title>
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        <name>Primo Brands Corp.</name>
        <lei>254900J0WS4AXV2LAX55</lei>
        <title>Primo Brands Corp., Class A</title>
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        <name>Protagonist Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Protagonist Therapeutics, Inc.</title>
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        <name>Huron Consulting Group, Inc.</name>
        <lei>549300NGVB9H6TKTLE36</lei>
        <title>Huron Consulting Group, Inc.</title>
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        <name>I3 Verticals, Inc.</name>
        <lei>549300944CYWVP06CJ97</lei>
        <title>I3 Verticals, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>BlackLine, Inc.</name>
        <lei>529900P9N7PK9LV5EK56</lei>
        <title>BlackLine, Inc.</title>
        <cusip>09239B109</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ryan Specialty Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Ryan Specialty Holdings, Inc., Class A</title>
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      <invstOrSec>
        <name>Boston Beer Co., Inc. (The)</name>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="Inhouse Asset ID" value="DJEH62029"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NNN REIT, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kite Realty Group Trust</name>
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          <isin value="US49803T3005"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Progress Software Corp.</name>
        <lei>549300R65B3JG6972S24</lei>
        <title>Progress Software Corp.</title>
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          <isin value="US7433121008"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Zurn Elkay Water Solutions Corp.</name>
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        <title>Zurn Elkay Water Solutions Corp.</title>
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          <isin value="US98983L1089"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hamilton Insurance Group Ltd.</name>
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          <isin value="BMG427061046"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PC Connection, Inc.</name>
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        <title>PC Connection, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kiniksa Pharmaceuticals International plc</name>
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          <isin value="GB00BRXB0C07"/>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Molson Coors Beverage Co.</name>
        <lei>54930073LBBH6ZCBE225</lei>
        <title>Molson Coors Beverage Co., Class B</title>
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          <isin value="US60871R2094"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Armstrong World Industries, Inc.</name>
        <lei>KXMRXXOJ88Q45Y45MG74</lei>
        <title>Armstrong World Industries, Inc.</title>
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          <isin value="US04247X1028"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Avnet, Inc.</name>
        <lei>XJI53DCPL7QABOWK4Z75</lei>
        <title>Avnet, Inc.</title>
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        <balance>6683.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yext, Inc.</name>
        <lei>5299008ZQSBBVH7K0589</lei>
        <title>Yext, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>CoreCivic, Inc.</name>
        <lei>529900JFA3K6PTLT8B15</lei>
        <title>CoreCivic, Inc.</title>
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        <name>Selective Insurance Group, Inc.</name>
        <lei>549300R3WGJWLE40R258</lei>
        <title>Selective Insurance Group, Inc.</title>
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        <name>Halozyme Therapeutics, Inc.</name>
        <lei>529900242I3SV9AGM753</lei>
        <title>Halozyme Therapeutics, Inc.</title>
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        <name>Badger Meter, Inc.</name>
        <lei>5493002JENE20OGTUG20</lei>
        <title>Badger Meter, Inc.</title>
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        <name>Varonis Systems, Inc.</name>
        <lei>549300SHIVNRRH7STS26</lei>
        <title>Varonis Systems, Inc.</title>
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        <name>Murphy USA, Inc.</name>
        <lei>549300Y081F8XIKQIO72</lei>
        <title>Murphy USA, Inc.</title>
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        <name>CRA International, Inc.</name>
        <lei>N/A</lei>
        <title>CRA International, Inc.</title>
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        <name>Prestige Consumer Healthcare, Inc.</name>
        <lei>N/A</lei>
        <title>Prestige Consumer Healthcare, Inc.</title>
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        </securityLending>
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        <name>Privia Health Group, Inc.</name>
        <lei>N/A</lei>
        <title>Privia Health Group, Inc.</title>
        <cusip>74276R102</cusip>
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        <balance>23880.00000000</balance>
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        <valUSD>554493.60000000</valUSD>
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        <name>EZCORP, Inc.</name>
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        <name>Enact Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AGNC Investment Corp.</name>
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        <name>Maximus, Inc.</name>
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        <name>Hinge Health, Inc.</name>
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        <name>NetScout Systems, Inc.</name>
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        <name>Pinnacle West Capital Corp.</name>
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        <name>Healthcare Realty Trust, Inc.</name>
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        <name>Waystar Holding Corp.</name>
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        <name>Alarm.com Holdings, Inc.</name>
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        <name>Krystal Biotech, Inc.</name>
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        <name>Marzetti Co. (The)</name>
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        <name>BlackRock Funds III</name>
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        <name>Arrow Electronics, Inc.</name>
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        <name>Yelp, Inc.</name>
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        <name>Getty Realty Corp.</name>
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        <name>Granite Construction, Inc.</name>
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        <name>Innoviva, Inc.</name>
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        <name>U-Haul Holding Co.</name>
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        <name>Blackbaud, Inc.</name>
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        <name>Donaldson Co., Inc.</name>
        <lei>OZE6KXY9QQPR8EJ8WL20</lei>
        <title>Donaldson Co., Inc.</title>
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        <name>Perdoceo Education Corp.</name>
        <lei>529900X5PCA184O9LY90</lei>
        <title>Perdoceo Education Corp.</title>
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        <name>IDACORP, Inc.</name>
        <lei>N134NUJDWN8UEFA8B673</lei>
        <title>IDACORP, Inc.</title>
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      <invstOrSec>
        <name>Broadstone Net Lease, Inc.</name>
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      <invstOrSec>
        <name>Indivior Pharmaceuticals, Inc.</name>
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      <invstOrSec>
        <name>Hess Midstream LP</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Liberty Global Ltd.</name>
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          <isin value="BMG611881019"/>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CACI International, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Churchill Downs, Inc.</name>
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          <isin value="US1714841087"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>U-Haul Holding Co.</name>
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        <title>U-Haul Holding Co.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Crown Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AMERISAFE, Inc.</name>
        <lei>2549002B4EXPBLGMNN22</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Healthcare REIT, Inc.</name>
        <lei>2549004GGE2APGNT6O92</lei>
        <title>American Healthcare REIT, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Phillips Edison &amp; Co., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Roadhouse, Inc.</name>
        <lei>5299002Y1CNRPDGXTQ75</lei>
        <title>Texas Roadhouse, Inc.</title>
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        <balance>10080.00000000</balance>
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      <invstOrSec>
        <name>Portland General Electric Co.</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>Portland General Electric Co.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ONE Gas, Inc.</name>
        <lei>549300HXDWI0LATTX840</lei>
        <title>ONE Gas, Inc.</title>
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        <name>DT Midstream, Inc.</name>
        <lei>N/A</lei>
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        <name>DaVita, Inc.</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DaVita, Inc.</title>
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        <name>Arbutus Biopharma Corp.</name>
        <lei>25490064CESONAUIAS23</lei>
        <title>Arbutus Biopharma Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>New York Times Co. (The)</name>
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        <invCountry>US</invCountry>
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        <name>Woodward, Inc.</name>
        <lei>YPYKXXTR8TFDH54ZMB45</lei>
        <title>Woodward, Inc.</title>
        <cusip>980745103</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Avadel Pharmaceuticals plc</name>
        <lei>549300E27PTSG2RHC762</lei>
        <title>Avadel Pharmaceuticals plc</title>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Progyny, Inc.</name>
        <lei>N/A</lei>
        <title>Progyny, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>UL Solutions, Inc.</name>
        <lei>549300F7CUV5ESKV9P71</lei>
        <title>UL Solutions, Inc., Class A</title>
        <cusip>903731107</cusip>
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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>N-able, Inc.</name>
        <lei>N/A</lei>
        <title>N-able, Inc.</title>
        <cusip>62878D100</cusip>
        <identifiers>
          <isin value="US62878D1000"/>
          <other otherDesc="Inhouse Asset ID" value="62878D100"/>
        </identifiers>
        <balance>37719.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>228954.33000000</valUSD>
        <pctVal>0.079787767679</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>Perpetua Resources Corp.</name>
        <lei>529900BQBMS383SEPY05</lei>
        <title>Perpetua Resources Corp.</title>
        <cusip>714266103</cusip>
        <identifiers>
          <isin value="CA7142661031"/>
          <other otherDesc="Inhouse Asset ID" value="714266103"/>
        </identifiers>
        <balance>8204.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>218390.48000000</valUSD>
        <pctVal>0.076106395898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dynavax Technologies Corp.</name>
        <lei>549300T5URIXWDILX594</lei>
        <title>Dynavax Technologies Corp.</title>
        <cusip>268158201</cusip>
        <identifiers>
          <isin value="US2681582019"/>
          <other otherDesc="Inhouse Asset ID" value="268158201"/>
        </identifiers>
        <balance>47109.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>729482.87000000</valUSD>
        <pctVal>0.254215806958</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>Kratos Defense &amp; Security Solutions, Inc.</name>
        <lei>5493000EKBN0UY1F3F88</lei>
        <title>Kratos Defense &amp; Security Solutions, Inc.</title>
        <cusip>50077B207</cusip>
        <identifiers>
          <isin value="US50077B2079"/>
          <other otherDesc="Inhouse Asset ID" value="50077B207"/>
        </identifiers>
        <balance>3277.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>337563.77000000</valUSD>
        <pctVal>0.117636821534</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="329941.03000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CCC Intelligent Solutions Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>CCC Intelligent Solutions Holdings, Inc.</title>
        <cusip>12510Q100</cusip>
        <identifiers>
          <isin value="US12510Q1004"/>
          <other otherDesc="Inhouse Asset ID" value="12510Q100"/>
        </identifiers>
        <balance>252293.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1912380.94000000</valUSD>
        <pctVal>0.666441233737</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="1650317.60000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alkermes plc</name>
        <lei>N/A</lei>
        <title>Alkermes plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00B56GVS15"/>
          <other otherDesc="Inhouse Asset ID" value="SB3P6D269"/>
        </identifiers>
        <balance>38615.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1308662.35000000</valUSD>
        <pctVal>0.456052731355</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>National Fuel Gas Co.</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>National Fuel Gas Co.</title>
        <cusip>636180101</cusip>
        <identifiers>
          <isin value="US6361801011"/>
          <other otherDesc="Inhouse Asset ID" value="636180101"/>
        </identifiers>
        <balance>2650.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>221937.50000000</valUSD>
        <pctVal>0.077342488736</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>H&amp;R Block, Inc.</name>
        <lei>549300CE3KUCWLZBG404</lei>
        <title>H&amp;R Block, Inc.</title>
        <cusip>093671105</cusip>
        <identifiers>
          <isin value="US0936711052"/>
          <other otherDesc="Inhouse Asset ID" value="093671105"/>
        </identifiers>
        <balance>29158.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1150283.10000000</valUSD>
        <pctVal>0.400859510925</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>Service Corp. International</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>Service Corp. International</title>
        <cusip>817565104</cusip>
        <identifiers>
          <isin value="US8175651046"/>
          <other otherDesc="Inhouse Asset ID" value="817565104"/>
        </identifiers>
        <balance>40174.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3231194.82000000</valUSD>
        <pctVal>1.126031648426</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>ProAssurance Corp.</name>
        <lei>54930015E5J57R675E89</lei>
        <title>ProAssurance Corp.</title>
        <cusip>74267C106</cusip>
        <identifiers>
          <isin value="US74267C1062"/>
          <other otherDesc="Inhouse Asset ID" value="74267C106"/>
        </identifiers>
        <balance>22558.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>546354.76000000</valUSD>
        <pctVal>0.190397913248</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>CareTrust REIT, Inc.</name>
        <lei>5493001NVXE2B9GPLU96</lei>
        <title>CareTrust REIT, Inc.</title>
        <cusip>14174T107</cusip>
        <identifiers>
          <isin value="US14174T1079"/>
          <other otherDesc="Inhouse Asset ID" value="14174T107"/>
        </identifiers>
        <balance>98889.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3692515.26000000</valUSD>
        <pctVal>1.286796147147</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>FTI Consulting, Inc.</name>
        <lei>549300K17GM8EQD0FQ48</lei>
        <title>FTI Consulting, Inc.</title>
        <cusip>302941109</cusip>
        <identifiers>
          <isin value="US3029411093"/>
          <other otherDesc="Inhouse Asset ID" value="302941109"/>
        </identifiers>
        <balance>16273.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2842404.91000000</valUSD>
        <pctVal>0.990543147225</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>A O Smith Corp.</name>
        <lei>549300XG4US7UJNECY36</lei>
        <title>A O Smith Corp.</title>
        <cusip>831865209</cusip>
        <identifiers>
          <isin value="US8318652091"/>
          <other otherDesc="Inhouse Asset ID" value="831865209"/>
        </identifiers>
        <balance>30750.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2259817.50000000</valUSD>
        <pctVal>0.787518601143</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>2026-01-31</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>
