<?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>C000136096</classId>
        <classId>C000136097</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>2025-09-30</repPdEnd>
      <repPdDate>2024-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>724967391.87</totAssets>
      <totLiabs>1772531.24</totLiabs>
      <netAssets>723194860.63</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>3111542.90</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000136096" rtn1="-2.55415500" rtn2="10.88176700" rtn3="-8.30950400"/>
          <monthlyTotReturn classId="C000136097" rtn1="-2.52924100" rtn2="10.92186000" rtn3="-8.31005800"/>
        </monthlyTotReturns>
        <othMon1 netRealizedGain="-1578477.81000000" netUnrealizedAppr="-17138496.91000000"/>
        <othMon2 netRealizedGain="2861334.22000000" netUnrealizedAppr="76442723.73000000"/>
        <othMon3 netRealizedGain="4823958.31000000" netUnrealizedAppr="-70594924.81000000"/>
      </returnInfo>
      <mon1Flow redemption="11981482.47000000" reinvestment="0.00000000" sales="7381067.64000000"/>
      <mon2Flow redemption="13639427.65000000" reinvestment="0.00000000" sales="7432071.60000000"/>
      <mon3Flow redemption="19382266.78000000" reinvestment="0.00000000" sales="5231532.39000000"/>

    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>Clearwater Analytics Holdings Inc</name>
        <lei>N/A</lei>
        <title>Clearwater Analytics Holdings, Inc. </title>
        <cusip>185123106</cusip>
        <identifiers>
          <isin value="US1851231068"/>
        </identifiers>
        <balance>558280.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15363865.60000000</valUSD>
        <pctVal>2.124443415791</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>147655.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10635589.65000000</valUSD>
        <pctVal>1.470639550830</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>240575.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21435232.50000000</valUSD>
        <pctVal>2.963963610212</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 Inc.</name>
        <lei>PP55B5R38BFB8O8HH686</lei>
        <title>Gartner, Inc. </title>
        <cusip>366651107</cusip>
        <identifiers>
          <isin value="US3666511072"/>
        </identifiers>
        <balance>14290.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6923076.30000000</valUSD>
        <pctVal>0.957290583338</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 Group Inc.</name>
        <lei>875500NEPA7JI5EOMN45</lei>
        <title>Descartes Systems Group, Inc. (The) </title>
        <cusip>249906108</cusip>
        <identifiers>
          <isin value="CA2499061083"/>
        </identifiers>
        <balance>231660.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26316576.00000000</valUSD>
        <pctVal>3.638932939467</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>John Bean Technologies Corp.</name>
        <lei>5493007CT6ATBZ2L6826</lei>
        <title>John Bean Technologies Corporation </title>
        <cusip>477839104</cusip>
        <identifiers>
          <isin value="US4778391049"/>
        </identifiers>
        <balance>76125.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9675487.50000000</valUSD>
        <pctVal>1.337881119836</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>N/A</lei>
        <title>Trex Company, Inc. </title>
        <cusip>89531P105</cusip>
        <identifiers>
          <isin value="US89531P1057"/>
        </identifiers>
        <balance>222065.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15329146.95000000</valUSD>
        <pctVal>2.119642683390</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>46205.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21896087.45000000</valUSD>
        <pctVal>3.027688475402</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>SPX Technologies, Inc.</name>
        <lei>N/A</lei>
        <title>SPX Technologies, Inc. </title>
        <cusip>78473E103</cusip>
        <identifiers>
          <isin value="US78473E1038"/>
        </identifiers>
        <balance>78715.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11454606.80000000</valUSD>
        <pctVal>1.583889408453</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>Paycor HCM Inc.</name>
        <lei>N/A</lei>
        <title>Paycor HCM, Inc. </title>
        <cusip>70435P102</cusip>
        <identifiers>
          <isin value="US70435P1021"/>
        </identifiers>
        <balance>595295.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11054628.15000000</valUSD>
        <pctVal>1.528582233060</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>5095.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10143788.35000000</valUSD>
        <pctVal>1.402635569224</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>Ncino Inc.</name>
        <lei>549300WVRR2WR3L6MZ46</lei>
        <title>nCino, Inc. </title>
        <cusip>63947X101</cusip>
        <identifiers>
          <isin value="US63947X1019"/>
        </identifiers>
        <balance>159000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5339220.00000000</valUSD>
        <pctVal>0.738282348321</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>30000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17829600.00000000</valUSD>
        <pctVal>2.465393626341</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>Stevanato Group S.p.A.</name>
        <lei>81560033F7E1CD477507</lei>
        <title>Stevenato Group SPA Ord </title>
        <cusip>T9224W109</cusip>
        <identifiers>
          <isin value="IT0005452658"/>
        </identifiers>
        <balance>671497.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14631919.63000000</valUSD>
        <pctVal>2.023233353352</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; Associates Inc.</name>
        <lei>529900X1QS8C54W0JB21</lei>
        <title>Jack Henry &amp; Associates, Inc. </title>
        <cusip>426281101</cusip>
        <identifiers>
          <isin value="US4262811015"/>
        </identifiers>
        <balance>87815.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15393969.50000000</valUSD>
        <pctVal>2.128606042165</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>79485.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8217954.15000000</valUSD>
        <pctVal>1.136340231018</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>99580.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13121656.60000000</valUSD>
        <pctVal>1.814401251215</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 Manufacturing Co Inc.</name>
        <lei>529900EJUNNL15LZ8056</lei>
        <title>Simpson Manufacturing Company, Inc. </title>
        <cusip>829073105</cusip>
        <identifiers>
          <isin value="US8290731053"/>
        </identifiers>
        <balance>78400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13001072.00000000</valUSD>
        <pctVal>1.797727377193</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>Procore Technologies Inc</name>
        <lei>5493005PTWY0RHYRAH22</lei>
        <title>PROCORE TECHNOLOGIES INC </title>
        <cusip>74275K108</cusip>
        <identifiers>
          <isin value="US74275K1088"/>
        </identifiers>
        <balance>97285.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7289565.05000000</valUSD>
        <pctVal>1.007966932128</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>Generac Holdings Inc.</name>
        <lei>529900S2H2AHJHSFFI84</lei>
        <title>Generac Holdings, Inc. </title>
        <cusip>368736104</cusip>
        <identifiers>
          <isin value="US3687361044"/>
        </identifiers>
        <balance>74310.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11521765.50000000</valUSD>
        <pctVal>1.593175799114</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 Inc.</name>
        <lei>25490040SMU4Z8LBCW70</lei>
        <title>Tyler Technologies, Inc. </title>
        <cusip>902252105</cusip>
        <identifiers>
          <isin value="US9022521051"/>
        </identifiers>
        <balance>41560.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23965158.40000000</valUSD>
        <pctVal>3.313789920896</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>473730.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21957385.50000000</valUSD>
        <pctVal>3.036164482816</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>94430.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15391617.85000000</valUSD>
        <pctVal>2.128280867011</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>2549006XVF9GCCETDQ72</lei>
        <title>SPS Commerce, Inc. </title>
        <cusip>78463M107</cusip>
        <identifiers>
          <isin value="US78463M1071"/>
        </identifiers>
        <balance>95644.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17597539.56000000</valUSD>
        <pctVal>2.433305394989</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>201890.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17017308.10000000</valUSD>
        <pctVal>2.353073704806</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>40665.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4436958.15000000</valUSD>
        <pctVal>0.613521803257</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 Systems Inc.</name>
        <lei>549300OYTY138SP2CE83</lei>
        <title>Merit Medical Systems, Inc. </title>
        <cusip>589889104</cusip>
        <identifiers>
          <isin value="US5898891040"/>
        </identifiers>
        <balance>214113.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20709009.36000000</valUSD>
        <pctVal>2.863544873916</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>129880.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18694927.20000000</valUSD>
        <pctVal>2.585047020897</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>CCC Intelligent Solutions Holdings Inc</name>
        <lei>N/A</lei>
        <title>CCC Intelligent Solutions Holdings, Inc. </title>
        <cusip>12510Q100</cusip>
        <identifiers>
          <isin value="US12510Q1004"/>
        </identifiers>
        <balance>1219500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14304735.00000000</valUSD>
        <pctVal>1.977991794291</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>112360.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18941648.80000000</valUSD>
        <pctVal>2.619162528823</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 Corp.</name>
        <lei>5493000XUDIV75BCF118</lei>
        <title>FIRSTSERVICE CORPORATION </title>
        <cusip>33767E202</cusip>
        <identifiers>
          <isin value="CA33767E2024"/>
        </identifiers>
        <balance>150130.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27176532.60000000</valUSD>
        <pctVal>3.757843712595</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>Q2 Holdings Inc</name>
        <lei>549300M9RKR9DZXWS696</lei>
        <title>Q2 Holdings, Inc. </title>
        <cusip>74736L109</cusip>
        <identifiers>
          <isin value="US74736L1098"/>
        </identifiers>
        <balance>209465.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21082652.25000000</valUSD>
        <pctVal>2.915210463696</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, Inc. </title>
        <cusip>67000B104</cusip>
        <identifiers>
          <isin value="CA67000B1040"/>
        </identifiers>
        <balance>109605.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16744355.85000000</valUSD>
        <pctVal>2.315331145386</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>337050.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29815443.00000000</valUSD>
        <pctVal>4.122739889775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Workiva Inc</name>
        <lei>529900RTOQ8GRWHY1O58</lei>
        <title>WORKIVA, INC. </title>
        <cusip>98139A105</cusip>
        <identifiers>
          <isin value="US98139A1051"/>
        </identifiers>
        <balance>104983.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11495638.50000000</valUSD>
        <pctVal>1.589563079857</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 Del</name>
        <lei>254900BHOU40CFNXWQ75</lei>
        <title>Bright Horizons Family Solutions, Inc. </title>
        <cusip>109194100</cusip>
        <identifiers>
          <isin value="US1091941005"/>
        </identifiers>
        <balance>138935.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15400944.75000000</valUSD>
        <pctVal>2.129570547083</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>327125.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34613096.25000000</valUSD>
        <pctVal>4.786136923020</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>104505.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19446290.40000000</valUSD>
        <pctVal>2.688942007007</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>MSA Safety Inc.</name>
        <lei>529900DVA3258XK11O39</lei>
        <title>MSA Safety, Inc. </title>
        <cusip>553498106</cusip>
        <identifiers>
          <isin value="US5534981064"/>
        </identifiers>
        <balance>75765.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12559564.05000000</valUSD>
        <pctVal>1.736677724598</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>CSW Industrials Inc.</name>
        <lei>549300SYOEO3RVQ7FB83</lei>
        <title>CSW Industrials, Inc. </title>
        <cusip>126402106</cusip>
        <identifiers>
          <isin value="US1264021064"/>
        </identifiers>
        <balance>47215.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16657452.00000000</valUSD>
        <pctVal>2.303314487811</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>69435.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20770785.90000000</valUSD>
        <pctVal>2.872087044687</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>30660.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10042989.60000000</valUSD>
        <pctVal>1.388697589920</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>58305.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19878506.70000000</valUSD>
        <pctVal>2.748706853735</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>438172.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7164112.20000000</valUSD>
        <pctVal>0.990619899284</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>195825.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8224650.00000000</valUSD>
        <pctVal>1.137266101813</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>585496.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7107921.44000000</valUSD>
        <pctVal>0.982850104024</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>Kadant Inc</name>
        <lei>549300K06LNJYBMPYP15</lei>
        <title>Kadant, Inc. </title>
        <cusip>48282T104</cusip>
        <identifiers>
          <isin value="US48282T1043"/>
        </identifiers>
        <balance>10750.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3708642.50000000</valUSD>
        <pctVal>0.512813724473</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>2025-01-21</ncom:dateSigned>
      <ncom:nameOfApplicant>Conestoga SMid Cap Fund</ncom:nameOfApplicant>
      <ncom:signature>Daniel D. Bauer</ncom:signature>
      <ncom:signerName>Daniel D. Bauer</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
