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        <name>Ecolab Inc</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>278865100</cusip>
        <identifiers>
          <isin value="US2788651006"/>
        </identifiers>
        <balance>2956</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>543342.36</valUSD>
        <pctVal>0.25</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>elf Beauty Inc</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>26856L103</cusip>
        <identifiers>
          <isin value="US26856L1035"/>
        </identifiers>
        <balance>9560</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1326067.6</valUSD>
        <pctVal>0.61</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>Embecta Corp</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>29082K105</cusip>
        <identifiers>
          <isin value="US29082K1051"/>
        </identifiers>
        <balance>22340</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>409492.2</valUSD>
        <pctVal>0.19</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 Corp</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>COMMSTCK</title>
        <cusip>303250104</cusip>
        <identifiers>
          <isin value="US3032501047"/>
        </identifiers>
        <balance>2625</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2374548.75</valUSD>
        <pctVal>1.09</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>Federal Signal Corp</name>
        <lei>549300RTXZRPTNP6G884</lei>
        <title>COMMSTCK</title>
        <cusip>313855108</cusip>
        <identifiers>
          <isin value="US3138551086"/>
        </identifiers>
        <balance>8506</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>518440.7</valUSD>
        <pctVal>0.24</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>Green Brick Partners</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>392709101</cusip>
        <identifiers>
          <isin value="US3927091013"/>
        </identifiers>
        <balance>9524</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>471057.04</valUSD>
        <pctVal>0.22</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>WW Grainger Inc</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>384802104</cusip>
        <identifiers>
          <isin value="US3848021040"/>
        </identifiers>
        <balance>2241</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1600387.74</valUSD>
        <pctVal>0.73</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>HUBBELL INC</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>443510607</cusip>
        <identifiers>
          <isin value="US4435106079"/>
        </identifiers>
        <balance>1640</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>534722</valUSD>
        <pctVal>0.25</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>HOWMET AEROSPACE INC</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>443201108</cusip>
        <identifiers>
          <isin value="US4432011082"/>
        </identifiers>
        <balance>69143</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3420504.21</valUSD>
        <pctVal>1.57</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>Intel Corp</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>COMMSTCK</title>
        <cusip>458140100</cusip>
        <identifiers>
          <isin value="US4581401001"/>
        </identifiers>
        <balance>61168</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2149443.52</valUSD>
        <pctVal>0.99</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>INGERSOLL-RAND INC</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>45687V106</cusip>
        <identifiers>
          <isin value="US45687V1061"/>
        </identifiers>
        <balance>11553</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>804204.33</valUSD>
        <pctVal>0.37</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>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>COMMSTCK</title>
        <cusip>46625H100</cusip>
        <identifiers>
          <isin value="US46625H1005"/>
        </identifiers>
        <balance>3691</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>540104.03</valUSD>
        <pctVal>0.25</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>Eli Lilly &amp; Co</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>532457108</cusip>
        <identifiers>
          <isin value="US5324571083"/>
        </identifiers>
        <balance>2327</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1289623.4</valUSD>
        <pctVal>0.59</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>Lamb Weston Holdings</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>513272104</cusip>
        <identifiers>
          <isin value="US5132721045"/>
        </identifiers>
        <balance>27482</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2677021.62</valUSD>
        <pctVal>1.23</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>Manhattan Associates</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>562750109</cusip>
        <identifiers>
          <isin value="US5627501092"/>
        </identifiers>
        <balance>8400</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1702008</valUSD>
        <pctVal>0.78</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>McDonald's Corp</name>
        <lei>UE2136O97NLB5BYP9H04</lei>
        <title>COMMSTCK</title>
        <cusip>580135101</cusip>
        <identifiers>
          <isin value="US5801351017"/>
        </identifiers>
        <balance>7145</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2008816.75</valUSD>
        <pctVal>0.92</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>META PLATFORMS INC.</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>COMMSTCK</title>
        <cusip>30303M102</cusip>
        <identifiers>
          <isin value="US30303M1027"/>
        </identifiers>
        <balance>16494</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4880409.66</valUSD>
        <pctVal>2.24</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>MGM Resorts Internat</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>552953101</cusip>
        <identifiers>
          <isin value="US5529531015"/>
        </identifiers>
        <balance>45527</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2002277.46</valUSD>
        <pctVal>0.92</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>MAXIMUS Inc</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>577933104</cusip>
        <identifiers>
          <isin value="US5779331041"/>
        </identifiers>
        <balance>18640</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1506484.8</valUSD>
        <pctVal>0.69</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>MOOG CL A ORD</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>615394202</cusip>
        <identifiers>
          <isin value="US6153942023"/>
        </identifiers>
        <balance>4900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>569184</valUSD>
        <pctVal>0.26</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>Microsoft Corp</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>COMMSTCK</title>
        <cusip>594918104</cusip>
        <identifiers>
          <isin value="US5949181045"/>
        </identifiers>
        <balance>9615</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3151412.4</valUSD>
        <pctVal>1.45</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>NVIDIA Corp</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>COMMSTCK</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <isin value="US67066G1040"/>
        </identifiers>
        <balance>7268</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3587121.4</valUSD>
        <pctVal>1.65</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>Oracle Corp</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>68389X105</cusip>
        <identifiers>
          <isin value="US68389X1054"/>
        </identifiers>
        <balance>9112</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1096993.68</valUSD>
        <pctVal>0.5</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>Parker-Hannifin Corp</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>701094104</cusip>
        <identifiers>
          <isin value="US7010941042"/>
        </identifiers>
        <balance>1416</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>590330.4</valUSD>
        <pctVal>0.27</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>PRIMERICA INC COM</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>74164M108</cusip>
        <identifiers>
          <isin value="US74164M1080"/>
        </identifiers>
        <balance>2762</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>555051.52</valUSD>
        <pctVal>0.25</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>Quanta Services Inc</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>74762E102</cusip>
        <identifiers>
          <isin value="US74762E1029"/>
        </identifiers>
        <balance>5767</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1210320.29</valUSD>
        <pctVal>0.56</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>Regeneron Pharmaceut</name>
        <lei>549300RCBFWIRX3HYQ56</lei>
        <title>COMMSTCK</title>
        <cusip>75886F107</cusip>
        <identifiers>
          <isin value="US75886F1075"/>
        </identifiers>
        <balance>2366</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1955475.34</valUSD>
        <pctVal>0.9</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>Raymond James Financ</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>754730109</cusip>
        <identifiers>
          <isin value="US7547301090"/>
        </identifiers>
        <balance>6410</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>670421.9</valUSD>
        <pctVal>0.31</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>SAGE THERAPEUTICS</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>78667J108</cusip>
        <identifiers>
          <isin value="US78667J1088"/>
        </identifiers>
        <balance>9748</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>194960</valUSD>
        <pctVal>0.09</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>Charles Schwab Corp/</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>808513105</cusip>
        <identifiers>
          <isin value="US8085131055"/>
        </identifiers>
        <balance>8060</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>476749</valUSD>
        <pctVal>0.22</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>SiTime Corp</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>82982T106</cusip>
        <identifiers>
          <isin value="US82982T1060"/>
        </identifiers>
        <balance>9004</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1194740.76</valUSD>
        <pctVal>0.55</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>JM Smucker Co/The</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>832696405</cusip>
        <identifiers>
          <isin value="US8326964058"/>
        </identifiers>
        <balance>12718</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1843474.1</valUSD>
        <pctVal>0.85</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>Synopsys Inc</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>871607107</cusip>
        <identifiers>
          <isin value="US8716071076"/>
        </identifiers>
        <balance>3455</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1585464.95</valUSD>
        <pctVal>0.73</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>COMMSTCK</title>
        <cusip>78463M107</cusip>
        <identifiers>
          <isin value="US78463M1071"/>
        </identifiers>
        <balance>8800</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1637944</valUSD>
        <pctVal>0.75</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>Skyworks Solutions I</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>83088M102</cusip>
        <identifiers>
          <isin value="US83088M1027"/>
        </identifiers>
        <balance>5708</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>620687.92</valUSD>
        <pctVal>0.28</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>TransDigm Group Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>COMMSTCK</title>
        <cusip>893641100</cusip>
        <identifiers>
          <isin value="US8936411003"/>
        </identifiers>
        <balance>3946</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3566592.1</valUSD>
        <pctVal>1.64</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>TEREX CORP</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>880779103</cusip>
        <identifiers>
          <isin value="US8807791038"/>
        </identifiers>
        <balance>9236</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>559793.96</valUSD>
        <pctVal>0.26</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>TreeHouse Foods Inc</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>89469A104</cusip>
        <identifiers>
          <isin value="US89469A1043"/>
        </identifiers>
        <balance>10070</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>468456.4</valUSD>
        <pctVal>0.22</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>TRI Pointe Group Inc</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>87265H109</cusip>
        <identifiers>
          <isin value="US87265H1095"/>
        </identifiers>
        <balance>16616</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>516757.6</valUSD>
        <pctVal>0.24</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 I</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>902252105</cusip>
        <identifiers>
          <isin value="US9022521051"/>
        </identifiers>
        <balance>1324</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>527521.32</valUSD>
        <pctVal>0.24</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>Ulta Beauty Inc</name>
        <lei>529900CIV6HN8M28YM82</lei>
        <title>COMMSTCK</title>
        <cusip>90384S303</cusip>
        <identifiers>
          <isin value="US90384S3031"/>
        </identifiers>
        <balance>3726</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1546401.78</valUSD>
        <pctVal>0.71</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>Verisk Analytics Inc</name>
        <lei>549300I1YSWNIRKBWP67</lei>
        <title>COMMSTCK</title>
        <cusip>92345Y106</cusip>
        <identifiers>
          <isin value="US92345Y1064"/>
        </identifiers>
        <balance>10273</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2488326.06</valUSD>
        <pctVal>1.14</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 Pharmaceutica</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>92532F100</cusip>
        <identifiers>
          <isin value="US92532F1003"/>
        </identifiers>
        <balance>6048</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2106760.32</valUSD>
        <pctVal>0.97</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>WESCO International</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>95082P105</cusip>
        <identifiers>
          <isin value="US95082P1057"/>
        </identifiers>
        <balance>3082</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>498821.7</valUSD>
        <pctVal>0.23</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>Winmark Corp</name>
        <lei>N/A</lei>
        <title>COMMSTCK</title>
        <cusip>974250102</cusip>
        <identifiers>
          <isin value="US9742501029"/>
        </identifiers>
        <balance>1486</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>565467.58</valUSD>
        <pctVal>0.26</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>Global X MSCI Argent</name>
        <lei>N/A</lei>
        <title>ETF</title>
        <cusip>37950E259</cusip>
        <identifiers>
          <isin value="US37950E2596"/>
        </identifiers>
        <balance>18211</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>864111.95</valUSD>
        <pctVal>0.4</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>ISHARE MSCI EAFE ETF</name>
        <lei>549300O0XO3KDQV68404</lei>
        <title>ETF</title>
        <cusip>464287465</cusip>
        <identifiers>
          <isin value="US4642874659"/>
        </identifiers>
        <balance>147023</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10516555.19</valUSD>
        <pctVal>4.83</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>iShares MSCI Poland</name>
        <lei>N/A</lei>
        <title>ETF</title>
        <cusip>46429B606</cusip>
        <identifiers>
          <isin value="US46429B6065"/>
        </identifiers>
        <balance>84016</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1608906.4</valUSD>
        <pctVal>0.74</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>ISHARES MSCI AUSTRIA</name>
        <lei>N/A</lei>
        <title>ETF</title>
        <cusip>464286202</cusip>
        <identifiers>
          <isin value="US4642862027"/>
        </identifiers>
        <balance>69272</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1401372.56</valUSD>
        <pctVal>0.64</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>iShares MSCI Spain E</name>
        <lei>N/A</lei>
        <title>ETF</title>
        <cusip>464286764</cusip>
        <identifiers>
          <isin value="US4642867646"/>
        </identifiers>
        <balance>790</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22499.2</valUSD>
        <pctVal>0.01</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>iShares MSCI France</name>
        <lei>N/A</lei>
        <title>ETF</title>
        <cusip>464286707</cusip>
        <identifiers>
          <isin value="US4642867075"/>
        </identifiers>
        <balance>588</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22144.08</valUSD>
        <pctVal>0.01</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>iShares MSCI Mexico</name>
        <lei>N/A</lei>
        <title>ETF</title>
        <cusip>464286822</cusip>
        <identifiers>
          <isin value="US4642868222"/>
        </identifiers>
        <balance>55584</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3427309.44</valUSD>
        <pctVal>1.57</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>iShares MSCI Brazil</name>
        <lei>N/A</lei>
        <title>ETF</title>
        <cusip>464286400</cusip>
        <identifiers>
          <isin value="US4642864007"/>
        </identifiers>
        <balance>24288</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>749284.8</valUSD>
        <pctVal>0.34</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>Global X MSCI Greece</name>
        <lei>N/A</lei>
        <title>ETF</title>
        <cusip>37954Y319</cusip>
        <identifiers>
          <isin value="US37954Y3190"/>
        </identifiers>
        <balance>51308</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1928154.64</valUSD>
        <pctVal>0.89</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>iShares U.S. Broker-</name>
        <lei>54930085FJMZ4CBKDP12</lei>
        <title>ETF</title>
        <cusip>464288794</cusip>
        <identifiers>
          <isin value="US4642887941"/>
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        <balance>60166</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5687191.15</valUSD>
        <pctVal>2.61</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>
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      </invstOrSec>
      <invstOrSec>
        <name>iShares U.S. Medical</name>
        <lei>549300MTJJWSCQO9N641</lei>
        <title>ETF</title>
        <cusip>464288810</cusip>
        <identifiers>
          <isin value="US4642888105"/>
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        <balance>82242</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4317705</valUSD>
        <pctVal>1.98</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>
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      </invstOrSec>
      <invstOrSec>
        <name>SPDR S&amp;P</name>
        <lei>549300BBJPWNKDPREW36</lei>
        <title>ETF</title>
        <cusip>78464A771</cusip>
        <identifiers>
          <isin value="US78464A7717"/>
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        <balance>58428</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5247418.68</valUSD>
        <pctVal>2.41</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>
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      </invstOrSec>
      <invstOrSec>
        <name>SPDR S&amp;P Regional Ba</name>
        <lei>549300EFWJBKUN6WJX52</lei>
        <title>ETF</title>
        <cusip>78464A698</cusip>
        <identifiers>
          <isin value="US78464A6982"/>
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        <balance>216</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9624.96</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>O'SHARES GLOBAL</name>
        <lei>54930012BL04M0OMCP81</lei>
        <title>ETF</title>
        <cusip>00162Q361</cusip>
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          <isin value="US00162Q3618"/>
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        <balance>318</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10398.6</valUSD>
        <pctVal>0</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco QQQ Trust Se</name>
        <lei>549300VY6FEJBCIMET58</lei>
        <title>ETF</title>
        <cusip>46090E103</cusip>
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          <isin value="US46090E1038"/>
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        <balance>19669</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7434685.31</valUSD>
        <pctVal>3.41</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>
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      <invstOrSec>
        <name>Invesco S&amp;P 500</name>
        <lei>N/A</lei>
        <title>ETF</title>
        <cusip>46137V282</cusip>
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          <isin value="US46137V2824"/>
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        <balance>152430</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4543938.3</valUSD>
        <pctVal>2.09</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>
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      </invstOrSec>
      <invstOrSec>
        <name>VanEck Vectors Semic</name>
        <lei>549300MJTG2N9QRH7I02</lei>
        <title>ETF</title>
        <cusip>92189F676</cusip>
        <identifiers>
          <isin value="US92189F6768"/>
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        <balance>90544</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14144783.68</valUSD>
        <pctVal>6.49</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>Vanguard Financials</name>
        <lei>549300MP6BT0L4Q61L10</lei>
        <title>ETF</title>
        <cusip>92204A405</cusip>
        <identifiers>
          <isin value="US92204A4058"/>
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        <balance>53655</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4480192.5</valUSD>
        <pctVal>2.06</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>
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      </invstOrSec>
      <invstOrSec>
        <name>SPDR S&amp;P AEROSPACE</name>
        <lei>5493006TZ0473G1GOE68</lei>
        <title>ETF</title>
        <cusip>78464A631</cusip>
        <identifiers>
          <isin value="US78464A6313"/>
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        <balance>13804</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1685330.36</valUSD>
        <pctVal>0.77</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Energy Select Sector</name>
        <lei>N/A</lei>
        <title>ETF</title>
        <cusip>81369Y506</cusip>
        <identifiers>
          <isin value="US81369Y5069"/>
        </identifiers>
        <balance>95349</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8478433.08</valUSD>
        <pctVal>3.89</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Financial Select Sec</name>
        <lei>549300Y12KQ6ZG08NY28</lei>
        <title>ETF</title>
        <cusip>81369Y605</cusip>
        <identifiers>
          <isin value="US81369Y6059"/>
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        <balance>225609</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7756437.42</valUSD>
        <pctVal>3.56</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>
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      <invstOrSec>
        <name>Industrial Select Se</name>
        <lei>549300HQI51T8KP6U325</lei>
        <title>ETF</title>
        <cusip>81369Y704</cusip>
        <identifiers>
          <isin value="US81369Y7040"/>
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        <balance>91349</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9886702.27</valUSD>
        <pctVal>4.54</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>
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      <invstOrSec>
        <name>Technology Select Se</name>
        <lei>549300BR5T0JNM2MW070</lei>
        <title>ETF</title>
        <cusip>81369Y803</cusip>
        <identifiers>
          <isin value="US81369Y8030"/>
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        <balance>77803</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13666874.98</valUSD>
        <pctVal>6.27</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>
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      <invstOrSec>
        <name>DREYFUS TR SEC</name>
        <lei>549300U78VESCW509025</lei>
        <title>MONEYMKT</title>
        <cusip>261941306</cusip>
        <identifiers>
          <ticker value="DARXX"/>
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        <balance>11517085</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11517085</valUSD>
        <pctVal>5.29</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Money Market" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NVIDIA Corp</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="NVDA 230915C00580000"/>
        </identifiers>
        <balance>-70</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3885</valUSD>
        <pctVal>0</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NVIDIA Corp</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
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                  <ticker value="NVDA"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>580</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>81222.42</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NVIDIA Corp</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="NVDA 231117C00550000"/>
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        <balance>-190</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-388550</valUSD>
        <pctVal>-0.18</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NVIDIA Corp</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
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                  <ticker value="NVDA"/>
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            <shareNo>0</shareNo>
            <exercisePrice>550</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-11-18</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>91368.86</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NVIDIA Corp</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="NVDA 231117C00470000"/>
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        <balance>40</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>216300</valUSD>
        <pctVal>0.1</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NVIDIA Corp</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="NVDA"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>470</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-11-18</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>2028</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NVIDIA Corp</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="NVDA 230915P00455000"/>
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        <balance>75</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>22537.5</valUSD>
        <pctVal>0.01</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NVIDIA Corp</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="NVDA"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>455</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-252155.75</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NVIDIA Corp</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="NVDA 230915P00300000"/>
        </identifiers>
        <balance>-140</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-490</valUSD>
        <pctVal>0</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NVIDIA Corp</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="NVDA"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>300</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>71153.42</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NVIDIA Corp</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="NVDA 231117P00360000"/>
        </identifiers>
        <balance>-150</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-37500</valUSD>
        <pctVal>-0.02</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NVIDIA Corp</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="NVDA"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>360</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-11-18</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>152669.98</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Verizon Communicatio</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>92343V104</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="VZ 230915P00030000"/>
        </identifiers>
        <balance>-150</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-150</valUSD>
        <pctVal>0</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Verizon Communicatio</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="VZ"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>30</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>2362.48</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Verizon Communicatio</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>92343V104</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="VZ 230915C00034000"/>
        </identifiers>
        <balance>150</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>17700</valUSD>
        <pctVal>0.01</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Verizon Communicatio</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="VZ"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>34</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-3712.5</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Verizon Communicatio</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>92343V104</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="VZ 230915C00039000"/>
        </identifiers>
        <balance>-150</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-450</valUSD>
        <pctVal>0</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Verizon Communicatio</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="VZ"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>39</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>899.99</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Micro</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>007903107</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="AMD 230915C00160000"/>
        </identifiers>
        <balance>-200</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-100</valUSD>
        <pctVal>0</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Advanced Micro</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="AMD"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>160</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>86211.3</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Micro</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>007903107</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="AMD 230915P00130000"/>
        </identifiers>
        <balance>200</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>484500</valUSD>
        <pctVal>0.22</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Advanced Micro</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="AMD"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>130</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>233803</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AT&amp;T Inc</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>00206R102</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="T 230915C00019000"/>
        </identifiers>
        <balance>-1000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-500</valUSD>
        <pctVal>0</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>AT&amp;T Inc</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="T"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>19</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>1129.98</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AT&amp;T Inc</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>00206R102</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="T 230915P00014000"/>
        </identifiers>
        <balance>-1000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3500</valUSD>
        <pctVal>0</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>AT&amp;T Inc</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="T"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>14</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>19449.81</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AT&amp;T Inc</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>00206R102</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="T 230915C00015000"/>
        </identifiers>
        <balance>1000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>14500</valUSD>
        <pctVal>0.01</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>AT&amp;T Inc</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="T"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>15</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-45310</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VanEck Vectors Semic</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>92189F676</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="SMH 230915P00160000"/>
        </identifiers>
        <balance>700</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>346500</valUSD>
        <pctVal>0.16</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>VanEck Vectors Semic</issuerName>
                <issueTitle>ETF</issueTitle>
                <identifiers>
                  <ticker value="SMH"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>160</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-64386</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VanEck Vectors Semic</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>92189F676</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="SMH 231117C00170000"/>
        </identifiers>
        <balance>-900</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-263700</valUSD>
        <pctVal>-0.12</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>VanEck Vectors Semic</issuerName>
                <issueTitle>ETF</issueTitle>
                <identifiers>
                  <ticker value="SMH"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>170</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-11-18</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>96553.61</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VanEck Vectors Semic</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>92189F676</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="SMH 230915P00150000"/>
        </identifiers>
        <balance>200</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>18400</valUSD>
        <pctVal>0.01</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>VanEck Vectors Semic</issuerName>
                <issueTitle>ETF</issueTitle>
                <identifiers>
                  <ticker value="SMH"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>150</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-124114</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VanEck Vectors Semic</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>92189F676</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="SMH 231117P00125000"/>
        </identifiers>
        <balance>-900</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-65700</valUSD>
        <pctVal>-0.03</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>VanEck Vectors Semic</issuerName>
                <issueTitle>ETF</issueTitle>
                <identifiers>
                  <ticker value="SMH"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>125</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-11-18</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>159824.69</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Technology Select Se</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>81369Y803</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="XLK 231215C00195000"/>
        </identifiers>
        <balance>-300</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-38850</valUSD>
        <pctVal>-0.02</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Technology Select Se</issuerName>
                <issueTitle>ETF</issueTitle>
                <identifiers>
                  <ticker value="XLK"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>195</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-12-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>35948.39</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VanEck Vectors Semic</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>92189F676</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="SMH 231117P00130000"/>
        </identifiers>
        <balance>-250</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-26250</valUSD>
        <pctVal>-0.01</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>VanEck Vectors Semic</issuerName>
                <issueTitle>ETF</issueTitle>
                <identifiers>
                  <ticker value="SMH"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>130</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-11-18</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>23372.1</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Technology Select Se</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>81369Y803</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="XLK 231215P00145000"/>
        </identifiers>
        <balance>-400</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-39800</valUSD>
        <pctVal>-0.02</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Technology Select Se</issuerName>
                <issueTitle>ETF</issueTitle>
                <identifiers>
                  <ticker value="XLK"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>145</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-12-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>13599.56</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Technology Select Se</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>81369Y803</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="XLK 231215P00176000"/>
        </identifiers>
        <balance>200</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>126000</valUSD>
        <pctVal>0.06</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Technology Select Se</issuerName>
                <issueTitle>ETF</issueTitle>
                <identifiers>
                  <ticker value="XLK"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>176</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-12-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-16900</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Micro</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>007903107</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="AMD 230915P00095000"/>
        </identifiers>
        <balance>-200</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-8000</valUSD>
        <pctVal>0</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Advanced Micro</issuerName>
                <issueTitle>COMMSTCK</issueTitle>
                <identifiers>
                  <ticker value="AMD"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>95</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>23085.74</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VanEck Vectors Semic</name>
        <lei>N/A</lei>
        <title>OPTION</title>
        <cusip>92189F676</cusip>
        <identifiers>
          <other otherDesc="OCC Identifier" value="SMH 231117C00180000"/>
        </identifiers>
        <balance>-250</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-29750</valUSD>
        <pctVal>-0.01</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CLEAR ST</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>VanEck Vectors Semic</issuerName>
                <issueTitle>ETF</issueTitle>
                <identifiers>
                  <ticker value="SMH"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>0</shareNo>
            <exercisePrice>180</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-11-18</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>26627.04</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2023-10-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Starboard Investment Trust</ncom:nameOfApplicant>
      <ncom:signature>Pete Mccabe</ncom:signature>
      <ncom:signerName>Pete Mccabe</ncom:signerName>
      <ncom:title>Principal Accounting Officer/Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
