<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001175813</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000043859</seriesId>
        <classId>C000136097</classId>
        <classId>C000136096</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Conestoga Funds</regName>
      <regFileNumber>811-21120</regFileNumber>
      <regCik>0001175813</regCik>
      <regLei>254900HISFTK3A613G41</regLei>
      <regStreet1>550 E. Swedesford Road</regStreet1>
      <regStreet2>Suite 120</regStreet2>
      <regCity>Wayne</regCity>
      <regStateConditional regCountry="US" regState="US-PA"/>
      <regZipOrPostalCode>19087</regZipOrPostalCode>
      <regPhone>800-320-7790</regPhone>
      <seriesName>CONESTOGA SMID CAP FUND</seriesName>
      <seriesId>S000043859</seriesId>
      <seriesLei>549300CB1FJVWE1XZD25</seriesLei>
      <repPdEnd>2019-09-30</repPdEnd>
      <repPdDate>2019-09-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>126124389.72</totAssets>
      <totLiabs>1888173.29</totLiabs>
      <netAssets>124236216.43</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>7082921.66</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000136096" rtn1="0.03007138" rtn2="-0.01316516" rtn3="-0.01566194"/>
          <monthlyTotReturn classId="C000136097" rtn1="0.03030377" rtn2="-0.01300881" rtn3="-0.01547261"/>
        </monthlyTotReturns>
        <othMon1 netRealizedGain="46648.57000000" netUnrealizedAppr="3557893.89000000"/>
        <othMon2 netRealizedGain="607137.85000000" netUnrealizedAppr="-2165309.20000000"/>
        <othMon3 netRealizedGain="1811731.25000000" netUnrealizedAppr="-3738381.05000000"/>
      </returnInfo>
      <mon1Flow redemption="1657823.97000000" reinvestment="0.00000000" sales="9435950.27000000"/>
      <mon2Flow redemption="11171278.45000000" reinvestment="0.00000000" sales="11900085.69000000"/>
      <mon3Flow redemption="1297707.26000000" reinvestment="0.00000000" sales="3462577.18000000"/>

    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>Bottomline Technologies (de), Inc</name>
        <lei>OJ3Q4KYIXDSSGURLMT36</lei>
        <title>Bottomline Technologies (de), Inc. </title>
        <cusip>101388106</cusip>
        <identifiers>
          <isin value="US1013881065"/>
        </identifiers>
        <balance>32000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1259200.00000000</valUSD>
        <pctVal>1.013553081527</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>Firstservice Corporation</name>
        <lei>N/A</lei>
        <title>FIRSTSERVICE CORPORATION </title>
        <cusip>33767E202</cusip>
        <identifiers>
          <isin value="CA33767E2024"/>
        </identifiers>
        <balance>15235.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1562653.95000000</valUSD>
        <pctVal>1.257808709009</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>ACI Worldwide Inc</name>
        <lei>5493003BPVMZUJ6F5C02</lei>
        <title>ACI Worldwide, Inc. </title>
        <cusip>004498101</cusip>
        <identifiers>
          <isin value="US0044981019"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1253000.00000000</valUSD>
        <pctVal>1.008562588273</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>Mercury Systems Inc</name>
        <lei>549300P3B84SGK7HH679</lei>
        <title>MERCURY SYSTEMS INCORPORATED </title>
        <cusip>589378108</cusip>
        <identifiers>
          <isin value="US5893781089"/>
        </identifiers>
        <balance>35970.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2919684.90000000</valUSD>
        <pctVal>2.350107709248</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>Tyler Technologies</name>
        <lei>N/A</lei>
        <title>Tyler Technologies, Inc. </title>
        <cusip>902252105</cusip>
        <identifiers>
          <isin value="US9022521051"/>
        </identifiers>
        <balance>12809.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3362362.50000000</valUSD>
        <pctVal>2.706426995782</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>Teleflex Incorporated</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
        <title>Teleflex, Inc. </title>
        <cusip>879369106</cusip>
        <identifiers>
          <isin value="US8793691069"/>
        </identifiers>
        <balance>7805.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2651748.75000000</valUSD>
        <pctVal>2.134441007783</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>Trex Company, Inc.</name>
        <lei>549300ER482WJT9UUX16</lei>
        <title>Trex Company, Inc. </title>
        <cusip>89531P105</cusip>
        <identifiers>
          <isin value="US89531P1057"/>
        </identifiers>
        <balance>36425.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3312125.25000000</valUSD>
        <pctVal>2.665990115584</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>Watsco Inc</name>
        <lei>549300F1Y3LN5BX5WN75</lei>
        <title>Watsco, Inc. </title>
        <cusip>942622200</cusip>
        <identifiers>
          <isin value="US9426222009"/>
        </identifiers>
        <balance>15005.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2538545.90000000</valUSD>
        <pctVal>2.043321965966</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>Smith(Ao)Corp</name>
        <lei>549300XG4US7UJNECY36</lei>
        <title>A.O. Smith Corporation </title>
        <cusip>831865209</cusip>
        <identifiers>
          <isin value="US8318652091"/>
        </identifiers>
        <balance>36905.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1760737.55000000</valUSD>
        <pctVal>1.417249816998</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>West Pharmaceutical Services Incorporated</name>
        <lei>5493007NKRGM1RJQ1P16</lei>
        <title>West Pharmaceutical Services, Inc. </title>
        <cusip>955306105</cusip>
        <identifiers>
          <isin value="US9553061055"/>
        </identifiers>
        <balance>20774.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2946168.68000000</valUSD>
        <pctVal>2.371424987543</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>John Bean Tech Cor</name>
        <lei>5493007CT6ATBZ2L6826</lei>
        <title>John Bean Technologies Corporation </title>
        <cusip>477839104</cusip>
        <identifiers>
          <isin value="US4778391049"/>
        </identifiers>
        <balance>18245.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1814100.35000000</valUSD>
        <pctVal>1.460202509484</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>Core Laboratories</name>
        <lei>724500MDYY5VBSAF5W50</lei>
        <title>Core Laboratories N.V. </title>
        <cusip>N22717107</cusip>
        <identifiers>
          <isin value="NL0000200384"/>
        </identifiers>
        <balance>22820.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1063868.40000000</valUSD>
        <pctVal>0.856327108608</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>SPS Commerce Inc</name>
        <lei>N/A</lei>
        <title>SPS Commerce, Inc. </title>
        <cusip>78463M107</cusip>
        <identifiers>
          <isin value="US78463M1071"/>
        </identifiers>
        <balance>30434.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1432528.38000000</valUSD>
        <pctVal>1.153068260741</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>Douglas Dynamics I</name>
        <lei>529900CDFLKNQ0QT6580</lei>
        <title>Douglas Dynamics, Inc. </title>
        <cusip>25960R105</cusip>
        <identifiers>
          <isin value="US25960R1059"/>
        </identifiers>
        <balance>64675.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2882564.75000000</valUSD>
        <pctVal>2.320229022447</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>Blackbaud Inc</name>
        <lei>54930056X3HKFMNG3754</lei>
        <title>Blackbaud, Inc. </title>
        <cusip>09227Q100</cusip>
        <identifiers>
          <isin value="US09227Q1004"/>
        </identifiers>
        <balance>25700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2321738.00000000</valUSD>
        <pctVal>1.868809326874</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>Copart Inc</name>
        <lei>549300KVYX3JWMYEHU61</lei>
        <title>Copart, Inc. </title>
        <cusip>217204106</cusip>
        <identifiers>
          <isin value="US2172041061"/>
        </identifiers>
        <balance>27170.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2182566.10000000</valUSD>
        <pctVal>1.756787322342</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>Descartes Systems</name>
        <lei>875500NEPA7JI5EOMN45</lei>
        <title>Descartes Systems Group, Inc. (The) </title>
        <cusip>249906108</cusip>
        <identifiers>
          <isin value="CA2499061083"/>
        </identifiers>
        <balance>60200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2426662.00000000</valUSD>
        <pctVal>1.953264571098</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>Grand Canyon Educa</name>
        <lei>529900XFER799IYOSW74</lei>
        <title>Grand Canyon Education, Inc. </title>
        <cusip>38526M106</cusip>
        <identifiers>
          <isin value="US38526M1062"/>
        </identifiers>
        <balance>17320.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1700824.00000000</valUSD>
        <pctVal>1.369024306175</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>Henry Jack &amp; Assoc</name>
        <lei>529900X1QS8C54W0JB21</lei>
        <title>Jack Henry &amp; Associates, Inc. </title>
        <cusip>426281101</cusip>
        <identifiers>
          <isin value="US4262811015"/>
        </identifiers>
        <balance>21730.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3171928.10000000</valUSD>
        <pctVal>2.553142868599</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>Pool Corporation</name>
        <lei>5493005VZK1KMN6CO617</lei>
        <title>Pool Corporation </title>
        <cusip>73278L105</cusip>
        <identifiers>
          <isin value="US73278L1052"/>
        </identifiers>
        <balance>17010.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3430917.00000000</valUSD>
        <pctVal>2.761607765102</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>Ansys Inc</name>
        <lei>549300VJV8H15Z5FJ571</lei>
        <title>ANSYS, Inc. </title>
        <cusip>03662Q105</cusip>
        <identifiers>
          <isin value="US03662Q1058"/>
        </identifiers>
        <balance>10320.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2284435.20000000</valUSD>
        <pctVal>1.838783621752</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>Balchem Corp</name>
        <lei>549300VR70OPMHUI3557</lei>
        <title>Balchem Corporation </title>
        <cusip>057665200</cusip>
        <identifiers>
          <isin value="US0576652004"/>
        </identifiers>
        <balance>17530.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1738800.70000000</valUSD>
        <pctVal>1.399592445717</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>Axon Enterprise Inc</name>
        <lei>549300QP2IEEGFE16681</lei>
        <title>Axon Enterprise, Inc. </title>
        <cusip>05464C101</cusip>
        <identifiers>
          <isin value="US05464C1018"/>
        </identifiers>
        <balance>37880.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2150826.40000000</valUSD>
        <pctVal>1.731239458030</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>Construction Partners INC</name>
        <lei>549300MHLFL4E8JLZU44</lei>
        <title>Construction Partners, Inc. </title>
        <cusip>21044C107</cusip>
        <identifiers>
          <isin value="US21044C1071"/>
        </identifiers>
        <balance>67800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1056324.00000000</valUSD>
        <pctVal>0.850254483236</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>RBC Bearings Inc</name>
        <lei>N/A</lei>
        <title>RBC Bearings, Inc. </title>
        <cusip>75524B104</cusip>
        <identifiers>
          <isin value="US75524B1044"/>
        </identifiers>
        <balance>11046.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1832641.86000000</valUSD>
        <pctVal>1.475126909577</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>IAA, Inc.</name>
        <lei>549300PZCOPC5178W747</lei>
        <title>IAA, Inc. .</title>
        <cusip>449253103</cusip>
        <identifiers>
          <isin value="US4492531037"/>
        </identifiers>
        <balance>42085.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1756207.05000000</valUSD>
        <pctVal>1.413603134790</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>Health Catalyst Incorporation</name>
        <lei>N/A</lei>
        <title>Health Catalyst, Inc. </title>
        <cusip>42225T107</cusip>
        <identifiers>
          <isin value="US42225T1079"/>
        </identifiers>
        <balance>56825.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1797943.00000000</valUSD>
        <pctVal>1.447197163327</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>Exponent Inc</name>
        <lei>529900NY3F5Q2NWPUZ42</lei>
        <title>Exponent, Inc. </title>
        <cusip>30214U102</cusip>
        <identifiers>
          <isin value="US30214U1025"/>
        </identifiers>
        <balance>43195.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3019330.50000000</valUSD>
        <pctVal>2.430314272892</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>Guidewire Software Inc</name>
        <lei>549300WXSG0J8IXZCK32</lei>
        <title>Guidewire Software, Inc. </title>
        <cusip>40171V100</cusip>
        <identifiers>
          <isin value="US40171V1008"/>
        </identifiers>
        <balance>25285.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2664533.30000000</valUSD>
        <pctVal>2.144731525610</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>Albany International Corp.</name>
        <lei>L73WCPNCZIRSQGZTW097</lei>
        <title>Albany International Corporation Class A</title>
        <cusip>012348108</cusip>
        <identifiers>
          <isin value="US0123481089"/>
        </identifiers>
        <balance>18000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1622880.00000000</valUSD>
        <pctVal>1.306285756790</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>Simpson Mfg Co Inc</name>
        <lei>529900EJUNNL15LZ8056</lei>
        <title>Simpson Manufacturing Company, Inc. </title>
        <cusip>829073105</cusip>
        <identifiers>
          <isin value="US8290731053"/>
        </identifiers>
        <balance>24755.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1717254.35000000</valUSD>
        <pctVal>1.382249395020</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>Merit Medical Syst</name>
        <lei>549300OYTY138SP2CE83</lei>
        <title>Merit Medical Systems, Inc. </title>
        <cusip>589889104</cusip>
        <identifiers>
          <isin value="US5898891040"/>
        </identifiers>
        <balance>64253.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1957146.38000000</valUSD>
        <pctVal>1.575342872022</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>Evi Industries Inc</name>
        <lei>549300RU296J63VW0297</lei>
        <title>EVI Industries, Inc. </title>
        <cusip>26929N102</cusip>
        <identifiers>
          <isin value="US26929N1028"/>
        </identifiers>
        <balance>37985.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1212481.20000000</valUSD>
        <pctVal>0.975948266005</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>Repligen Corporation</name>
        <lei>54930006QJ0T5AUO1E71</lei>
        <title>Repligen Corporation </title>
        <cusip>759916109</cusip>
        <identifiers>
          <isin value="US7599161095"/>
        </identifiers>
        <balance>36590.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2806087.10000000</valUSD>
        <pctVal>2.258670764962</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>Pluralsight Inc</name>
        <lei>254900B3VHPCKNREOX50</lei>
        <title>PLURALSIGHT INC- A </title>
        <cusip>72941B106</cusip>
        <identifiers>
          <isin value="US72941B1061"/>
        </identifiers>
        <balance>92690.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1556728.55000000</valUSD>
        <pctVal>1.253039246311</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>Graco Inc</name>
        <lei>4T5VJ4S81BRT6Q7GGT78</lei>
        <title>Graco, Inc. </title>
        <cusip>384109104</cusip>
        <identifiers>
          <isin value="US3841091040"/>
        </identifiers>
        <balance>39670.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1826406.80000000</valUSD>
        <pctVal>1.470108195889</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>Omnicell Inc</name>
        <lei>5493008RH0GTKHHPZI77</lei>
        <title>Omnicell, Inc. </title>
        <cusip>68213N109</cusip>
        <identifiers>
          <isin value="US68213N1090"/>
        </identifiers>
        <balance>47525.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3434631.75000000</valUSD>
        <pctVal>2.764597835233</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>Bio-Techne Corp</name>
        <lei>54930073RLKQ51TILZ35</lei>
        <title>Bio-Techne Corporation </title>
        <cusip>09073M104</cusip>
        <identifiers>
          <isin value="US09073M1045"/>
        </identifiers>
        <balance>9845.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1926371.15000000</valUSD>
        <pctVal>1.550571327230</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>Casella Waste Systems, Inc.</name>
        <lei>8EU0XUFVJ48U37IIDH51</lei>
        <title>Casella Waste Systems, Inc. </title>
        <cusip>147448104</cusip>
        <identifiers>
          <isin value="US1474481041"/>
        </identifiers>
        <balance>41700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1790598.00000000</valUSD>
        <pctVal>1.441285038657</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>Rollins Inc</name>
        <lei>549300F2A0BXT4SGWD84</lei>
        <title>Rollins, Inc. </title>
        <cusip>775711104</cusip>
        <identifiers>
          <isin value="US7757111049"/>
        </identifiers>
        <balance>89025.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3033081.75000000</valUSD>
        <pctVal>2.441382905208</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>Ligand Pharmaceuticals Incorporated</name>
        <lei>5493008K7TB0IKP37H79</lei>
        <title>Ligand Pharmaceuticals, Inc. </title>
        <cusip>53220K504</cusip>
        <identifiers>
          <isin value="US53220K5048"/>
        </identifiers>
        <balance>13805.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1374149.70000000</valUSD>
        <pctVal>1.106078194818</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>Bright Horizons Family Solutions Inc</name>
        <lei>254900BHOU40CFNXWQ75</lei>
        <title>Bright Horizons Family Solutions, Inc. </title>
        <cusip>109194100</cusip>
        <identifiers>
          <isin value="US1091941005"/>
        </identifiers>
        <balance>26135.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3985587.50000000</valUSD>
        <pctVal>3.208072182595</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>Mgp Ingredients Inc New</name>
        <lei>2549006OMHFVZ4MS8538</lei>
        <title>MGP Ingredients, Inc. </title>
        <cusip>55303J106</cusip>
        <identifiers>
          <isin value="US55303J1060"/>
        </identifiers>
        <balance>25075.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1245726.00000000</valUSD>
        <pctVal>1.002707612801</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>Neogen Corp</name>
        <lei>549300HJT9FC36N4UW43</lei>
        <title>Neogen Corporation </title>
        <cusip>640491106</cusip>
        <identifiers>
          <isin value="US6404911066"/>
        </identifiers>
        <balance>40843.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2781816.73000000</valUSD>
        <pctVal>2.239135100808</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>Siteone Landscape Supply Inc</name>
        <lei>5299008LX7SBD4HIAU03</lei>
        <title>SiteOne Landscape Supply, Inc. </title>
        <cusip>82982L103</cusip>
        <identifiers>
          <isin value="US82982L1035"/>
        </identifiers>
        <balance>33835.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2504466.70000000</valUSD>
        <pctVal>2.015890995369</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>Heico Corp</name>
        <lei>529900O1DTDLCJ7L0I14</lei>
        <title>HEICO Corporation Class A</title>
        <cusip>422806208</cusip>
        <identifiers>
          <isin value="US4228062083"/>
        </identifiers>
        <balance>38545.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3750813.95000000</valUSD>
        <pctVal>3.019098663644</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>Vail Resorts, Inc.</name>
        <lei>529900PSZHRNU9HKH870</lei>
        <title>Vail Resorts, Inc. </title>
        <cusip>91879Q109</cusip>
        <identifiers>
          <isin value="US91879Q1094"/>
        </identifiers>
        <balance>12155.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2765991.80000000</valUSD>
        <pctVal>2.226397325580</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>Cantel MedCorp</name>
        <lei>549300ZFW3JXCDHTGW91</lei>
        <title>Cantel Medical Corporation </title>
        <cusip>138098108</cusip>
        <identifiers>
          <isin value="US1380981084"/>
        </identifiers>
        <balance>39179.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2930589.20000000</valUSD>
        <pctVal>2.358884779504</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>Lci Industries</name>
        <lei>549300E1B98YNJ1WIQ04</lei>
        <title>LCI Industries </title>
        <cusip>50189K103</cusip>
        <identifiers>
          <isin value="US50189K1034"/>
        </identifiers>
        <balance>19325.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1775001.25000000</valUSD>
        <pctVal>1.428730929680</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>Gartner Incorporation</name>
        <lei>PP55B5R38BFB8O8HH686</lei>
        <title>Gartner, Inc. </title>
        <cusip>366651107</cusip>
        <identifiers>
          <isin value="US3666511072"/>
        </identifiers>
        <balance>14110.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2017588.90000000</valUSD>
        <pctVal>1.623994160460</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>Cognex Corp</name>
        <lei>549300JQTYZCLC43S226</lei>
        <title>Cognex Corporation </title>
        <cusip>192422103</cusip>
        <identifiers>
          <isin value="US1924221039"/>
        </identifiers>
        <balance>41055.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2017032.15000000</valUSD>
        <pctVal>1.623546022215</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>Chefs Warehouse In</name>
        <lei>549300JYEDC8C547E980</lei>
        <title>CHEFS' WAREHOUSE, INC. (THE) </title>
        <cusip>163086101</cusip>
        <identifiers>
          <isin value="US1630861011"/>
        </identifiers>
        <balance>50325.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2029104.00000000</valUSD>
        <pctVal>1.633262874794</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>Fair Isaac Corporation</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>Fair Isaac Corporation </title>
        <cusip>303250104</cusip>
        <identifiers>
          <isin value="US3032501047"/>
        </identifiers>
        <balance>8100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2458512.00000000</valUSD>
        <pctVal>1.978901217895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2019-10-22</ncom:dateSigned>
      <ncom:nameOfApplicant>Conestoga SMid CAP Fund</ncom:nameOfApplicant>
      <ncom:signature>Daniel Bauer</ncom:signature>
      <ncom:signerName>Daniel Bauer</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
