<?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>S000004756</seriesId>
        <classId>C000142731</classId>
        <classId>C000012946</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 SMALL CAP FUND</seriesName>
      <seriesId>S000004756</seriesId>
      <seriesLei>54930035JMPSKAMH8V81</seriesLei>
      <repPdEnd>2021-09-30</repPdEnd>
      <repPdDate>2020-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>3864124920.08</totAssets>
      <totLiabs>31418621.63</totLiabs>
      <netAssets>3832706298.45</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>140959915.71</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000142731" rtn1="2.23143800" rtn2="12.86395090" rtn3="7.91355400"/>
          <monthlyTotReturn classId="C000012946" rtn1="2.21377560" rtn2="12.85495900" rtn3="7.89981560"/>
        </monthlyTotReturns>
        <othMon1 netRealizedGain="-8709.38000000" netUnrealizedAppr="68696076.37000000"/>
        <othMon2 netRealizedGain="13917561.90000000" netUnrealizedAppr="387166295.66000000"/>
        <othMon3 netRealizedGain="26074227.92000000" netUnrealizedAppr="254435930.00000000"/>
      </returnInfo>
      <mon1Flow redemption="48010151.05000000" reinvestment="0.00000000" sales="74691871.94000000"/>
      <mon2Flow redemption="48154383.17000000" reinvestment="0.00000000" sales="65562939.79000000"/>
      <mon3Flow redemption="73148845.98000000" reinvestment="0.00000000" sales="108585500.22000000"/>

    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>Realpage Inc</name>
        <lei>5493001RSFZX4122A604</lei>
        <title>RealPage, Inc. </title>
        <cusip>75606N109</cusip>
        <identifiers>
          <isin value="US75606N1090"/>
        </identifiers>
        <balance>777570.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>67835206.80000000</valUSD>
        <pctVal>1.769903601208</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>ACI Worldwide Inc</name>
        <lei>5493003BPVMZUJ6F5C02</lei>
        <title>ACI Worldwide, Inc. </title>
        <cusip>004498101</cusip>
        <identifiers>
          <isin value="US0044981019"/>
        </identifiers>
        <balance>1960655.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75347971.65000000</valUSD>
        <pctVal>1.965920834593</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>623735.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>119526338.05000000</valUSD>
        <pctVal>3.118588504898</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>Omega Flex Inc</name>
        <lei>N/A</lei>
        <title>OMEGA FLEX, INC. </title>
        <cusip>682095104</cusip>
        <identifiers>
          <isin value="US6820951043"/>
        </identifiers>
        <balance>292470.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42700620.00000000</valUSD>
        <pctVal>1.114111457412</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>Fox Factory Holding Corporation</name>
        <lei>529900GE1HSV0617R721</lei>
        <title>Fox Factory Holding Corporation </title>
        <cusip>35138V102</cusip>
        <identifiers>
          <isin value="US35138V1026"/>
        </identifiers>
        <balance>1210013.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>127910474.23000000</valUSD>
        <pctVal>3.337340883169</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>2885801.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>84005667.11000000</valUSD>
        <pctVal>2.191810709418</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>544065.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42904965.90000000</valUSD>
        <pctVal>1.119443092139</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>Dorman Products In</name>
        <lei>N/A</lei>
        <title>Dorman Products, Inc. </title>
        <cusip>258278100</cusip>
        <identifiers>
          <isin value="US2582781009"/>
        </identifiers>
        <balance>614689.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>53367298.98000000</valUSD>
        <pctVal>1.392418172025</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>720810.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>88320849.30000000</valUSD>
        <pctVal>2.304399096161</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>591735.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>68179706.70000000</valUSD>
        <pctVal>1.778892025396</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>Grand Canyon Education Inc</name>
        <lei>529900XFER799IYOSW74</lei>
        <title>Grand Canyon Education, Inc. </title>
        <cusip>38526M106</cusip>
        <identifiers>
          <isin value="US38526M1062"/>
        </identifiers>
        <balance>584755.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>54446538.05000000</valUSD>
        <pctVal>1.420576840756</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>980080.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>117629201.60000000</valUSD>
        <pctVal>3.069089892110</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>Paylocity Holding Corporation</name>
        <lei>549300VH75FTB4DIEE07</lei>
        <title>Paylocity Holding Corporation </title>
        <cusip>70438V106</cusip>
        <identifiers>
          <isin value="US70438V1061"/>
        </identifiers>
        <balance>473920.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>97584867.20000000</valUSD>
        <pctVal>2.546108665813</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>Bottomline Technologies (de), Inc</name>
        <lei>OJ3Q4KYIXDSSGURLMT36</lei>
        <title>Bottomline Technologies (de), Inc. </title>
        <cusip>101388106</cusip>
        <identifiers>
          <isin value="US1013881065"/>
        </identifiers>
        <balance>1232175.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64984909.50000000</valUSD>
        <pctVal>1.695535854815</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>118895.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>37755107.25000000</valUSD>
        <pctVal>0.985076974598</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>738960.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>101060169.60000000</valUSD>
        <pctVal>2.636783560505</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>Siteone Landscape Supply Inc</name>
        <lei>5299008LX7SBD4HIAU03</lei>
        <title>SiteOne Landscape Supply, Inc. </title>
        <cusip>82982L103</cusip>
        <identifiers>
          <isin value="US82982L1035"/>
        </identifiers>
        <balance>736130.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>116772301.90000000</valUSD>
        <pctVal>3.046732329769</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>Novanta Inc</name>
        <lei>549300NBPHPTUPTS8070</lei>
        <title>NOVANTA INCORPORATED </title>
        <cusip>67000B104</cusip>
        <identifiers>
          <isin value="CA67000B1040"/>
        </identifiers>
        <balance>721645.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>85312871.90000000</valUSD>
        <pctVal>2.225917282900</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>Mesa Laboratories</name>
        <lei>N/A</lei>
        <title>Mesa Laboratories, Inc. </title>
        <cusip>59064R109</cusip>
        <identifiers>
          <isin value="US59064R1095"/>
        </identifiers>
        <balance>347163.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>99510802.32000000</valUSD>
        <pctVal>2.596358671162</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>Helios Technologies Inc</name>
        <lei>5493000BCJSMIDRNTI78</lei>
        <title>HELIOS TECHNOLOGIES, INC. </title>
        <cusip>42328H109</cusip>
        <identifiers>
          <isin value="US42328H1095"/>
        </identifiers>
        <balance>945932.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50408716.28000000</valUSD>
        <pctVal>1.315225126965</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>Q2 Holdings Inc</name>
        <lei>549300M9RKR9DZXWS696</lei>
        <title>Q2 Holdings, Inc. </title>
        <cusip>74736L109</cusip>
        <identifiers>
          <isin value="US74736L1098"/>
        </identifiers>
        <balance>422115.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>53410210.95000000</valUSD>
        <pctVal>1.393537797863</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>1611725.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>68933478.25000000</valUSD>
        <pctVal>1.798558848035</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>1180923.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>103992079.38000000</valUSD>
        <pctVal>2.713280676425</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>Wd-40 Co</name>
        <lei>549300UZHTN0CNKBOB19</lei>
        <title>WD-40 Company </title>
        <cusip>929236107</cusip>
        <identifiers>
          <isin value="US9292361071"/>
        </identifiers>
        <balance>163793.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>43516524.24000000</valUSD>
        <pctVal>1.135399398007</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>Natl Research Corp</name>
        <lei>549300FQIORB6GZCYT15</lei>
        <title>National Research Corporation </title>
        <cusip>637372202</cusip>
        <identifiers>
          <isin value="US6373722023"/>
        </identifiers>
        <balance>471149.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20141619.75000000</valUSD>
        <pctVal>0.525519520192</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>1181230.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>106346136.90000000</valUSD>
        <pctVal>2.774700919374</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>Pros Holdings Inc</name>
        <lei>549300LPE1KNL5RWKQ48</lei>
        <title>PROS Holdings, Inc. </title>
        <cusip>74346Y103</cusip>
        <identifiers>
          <isin value="US74346Y1038"/>
        </identifiers>
        <balance>1621340.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>82315431.80000000</valUSD>
        <pctVal>2.147710400697</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>455165.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>45266159.25000000</valUSD>
        <pctVal>1.181049517629</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>1833796.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>107240390.08000000</valUSD>
        <pctVal>2.798033079742</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>Rogers Corp</name>
        <lei>PW0CN80KNFR7RUOOKJ84</lei>
        <title>Rogers Corporation </title>
        <cusip>775133101</cusip>
        <identifiers>
          <isin value="US7751331015"/>
        </identifiers>
        <balance>292160.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>45369526.40000000</valUSD>
        <pctVal>1.183746493133</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>855290.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>79926850.50000000</valUSD>
        <pctVal>2.085389390059</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>Blackline Inc</name>
        <lei>529900P9N7PK9LV5EK56</lei>
        <title>BlackLine, Inc. </title>
        <cusip>09239B109</cusip>
        <identifiers>
          <isin value="US09239B1098"/>
        </identifiers>
        <balance>947365.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>126359543.70000000</valUSD>
        <pctVal>3.296875206720</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>Five9 Inc</name>
        <lei>254900MXP6EWY0SFFR59</lei>
        <title>Five9, Inc. </title>
        <cusip>338307101</cusip>
        <identifiers>
          <isin value="US3383071012"/>
        </identifiers>
        <balance>300585.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>52422024.00000000</valUSD>
        <pctVal>1.367754790425</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>511472.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15303242.24000000</valUSD>
        <pctVal>0.399280326963</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>Aaon Inc</name>
        <lei>N/A</lei>
        <title>AAON, Inc. </title>
        <cusip>000360206</cusip>
        <identifiers>
          <isin value="US0003602069"/>
        </identifiers>
        <balance>1202850.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>80145895.50000000</valUSD>
        <pctVal>2.091104542302</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>SPS Commerce Inc</name>
        <lei>N/A</lei>
        <title>SPS Commerce, Inc. </title>
        <cusip>78463M107</cusip>
        <identifiers>
          <isin value="US78463M1071"/>
        </identifiers>
        <balance>1111280.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>120673895.20000000</valUSD>
        <pctVal>3.148529675983</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>Vertex Inc</name>
        <lei>549300QMYW171MP1PL50</lei>
        <title>Vertex, Inc. Class A</title>
        <cusip>92538J106</cusip>
        <identifiers>
          <isin value="US92538J1060"/>
        </identifiers>
        <balance>1776275.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>61903183.75000000</valUSD>
        <pctVal>1.615129856807</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>Simulations Plus I</name>
        <lei>N/A</lei>
        <title>Simulations Plus, Inc. </title>
        <cusip>829214105</cusip>
        <identifiers>
          <isin value="US8292141053"/>
        </identifiers>
        <balance>146570.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10541314.40000000</valUSD>
        <pctVal>0.275035799227</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>Esco Technologies</name>
        <lei>5493007JJLP5MEWVDH10</lei>
        <title>ESCO Technologies, Inc. </title>
        <cusip>296315104</cusip>
        <identifiers>
          <isin value="US2963151046"/>
        </identifiers>
        <balance>654655.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>67573489.10000000</valUSD>
        <pctVal>1.763075065974</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>Vocera Communications Inc</name>
        <lei>5493006D2J6NPNZ60K83</lei>
        <title>Vocera Communications, Inc. </title>
        <cusip>92857F107</cusip>
        <identifiers>
          <isin value="US92857F1075"/>
        </identifiers>
        <balance>1963254.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>81533938.62000000</valUSD>
        <pctVal>2.127320286789</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>1157560.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>96910923.20000000</valUSD>
        <pctVal>2.528524641692</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>Lemaitre Vascular</name>
        <lei>549300FZUBUB7MHY8R17</lei>
        <title>LeMaitre Vascular, Inc. </title>
        <cusip>525558201</cusip>
        <identifiers>
          <isin value="US5255582018"/>
        </identifiers>
        <balance>1274721.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>51626200.50000000</valUSD>
        <pctVal>1.346990780923</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>1143311.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>90664562.30000000</valUSD>
        <pctVal>2.365549437917</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>533230.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>60718900.10000000</valUSD>
        <pctVal>1.584230446370</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>Model N Inc</name>
        <lei>549300WCIL3W0EYSBN94</lei>
        <title>MODEL N, INC. </title>
        <cusip>607525102</cusip>
        <identifiers>
          <isin value="US6075251024"/>
        </identifiers>
        <balance>2123252.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75757631.36000000</valUSD>
        <pctVal>1.976609358004</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>Altair Engineering Inc</name>
        <lei>549300FJ89HZ6GU9S994</lei>
        <title>Altair Engineering, Inc. </title>
        <cusip>021369103</cusip>
        <identifiers>
          <isin value="US0213691035"/>
        </identifiers>
        <balance>1435405.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>83511862.90000000</valUSD>
        <pctVal>2.178926752978</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>Computer Svcs Inc</name>
        <lei>N/A</lei>
        <title>COMPUTER SERVICES, INC. </title>
        <cusip>20539A105</cusip>
        <identifiers>
          <isin value="US20539A1051"/>
        </identifiers>
        <balance>280145.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16640613.00000000</valUSD>
        <pctVal>0.434173967536</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>Fidelity Colcheste</name>
        <lei>549300SHPEJB1OPRCV46</lei>
        <title>FIDELITY INVESTMENTS TREASURY ONLY PORTFOLIO INSTITUTIONAL SHARES</title>
        <cusip>31607A802</cusip>
        <identifiers>
          <isin value="US31607A8027"/>
        </identifiers>
        <balance>20855782.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20855782.39000000</valUSD>
        <pctVal>0.544152897873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</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>1292045.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>71721417.95000000</valUSD>
        <pctVal>1.871299608295</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>1619560.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>100331742.00000000</valUSD>
        <pctVal>2.617777992552</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>465525.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>83347596.00000000</valUSD>
        <pctVal>2.174640828432</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>2021-01-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Conestoga Small Cap Fund</ncom:nameOfApplicant>
      <ncom:signature>Daniel Bauer</ncom:signature>
      <ncom:signerName>Daniel Bauer</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
