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        <valUSD>4176835.75</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>First American Financial Corporation</name>
        <lei>549300B6VEZK3N0A1P55</lei>
        <title>FIRST AMERICAN FINANCIAL CORP COMMON STOCK USD.00001</title>
        <cusip>31847R102</cusip>
        <identifiers>
          <isin value="US31847R1023"/>
          <ticker value="FAF US"/>
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        <balance>34399</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2359427.41</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Financial Bankshares Inc.</name>
        <lei>549300XN3GTGOENGNV49</lei>
        <title>FIRST FINANCIAL BANKSHARES INC COMMON STOCK USD.01</title>
        <cusip>32020R109</cusip>
        <identifiers>
          <isin value="US32020R1095"/>
          <ticker value="FFIN US"/>
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        <balance>48072</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1663291.2</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Hawaiian Inc.</name>
        <lei>5493002DJSH46F5OLV06</lei>
        <title>FIRST HAWAIIAN INC COMMON STOCK USD.01</title>
        <cusip>32051X108</cusip>
        <identifiers>
          <isin value="US32051X1081"/>
          <ticker value="FHB US"/>
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        <balance>30110</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>882223</valUSD>
        <pctVal>0.1283500915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Industrial Realty Trust Inc.</name>
        <lei>N/A</lei>
        <title>FIRST INDUSTRIAL REALTY TRUST REIT USD.01</title>
        <cusip>32054K103</cusip>
        <identifiers>
          <isin value="US32054K1034"/>
          <ticker value="FR US"/>
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        <balance>27895</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1710242.45</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>First Interstate BancSystem Inc.</name>
        <lei>N/A</lei>
        <title>FIRST INTERSTATE BANCSYSTEM IN COMMON STOCK USD.00001</title>
        <cusip>32055Y201</cusip>
        <identifiers>
          <isin value="US32055Y2019"/>
          <ticker value="FIBK US"/>
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        <balance>23517</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>906815.52</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FirstCash Holdings Inc.</name>
        <lei>N/A</lei>
        <title>FIRSTCASH HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>33768G107</cusip>
        <identifiers>
          <isin value="US33768G1076"/>
          <ticker value="FCFS US"/>
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        <balance>13878</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3002088.96</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Floor and Decor Holdings Inc.</name>
        <lei>N/A</lei>
        <title>FLOOR and DECOR HOLDINGS INC COMMON STOCK USD.001</title>
        <cusip>339750101</cusip>
        <identifiers>
          <isin value="US3397501012"/>
          <ticker value="FND US"/>
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        <balance>27495</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1632103.2</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fluor Corporation</name>
        <lei>CQ7WZ4NOFWT7FAE6Q943</lei>
        <title>FLUOR CORP COMMON STOCK USD.01</title>
        <cusip>343412102</cusip>
        <identifiers>
          <isin value="US3434121022"/>
          <ticker value="FLR US"/>
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        <balance>43775</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2293372.25</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>FormFactor Inc.</name>
        <lei>549300YCEEO6SZD1ZR61</lei>
        <title>FORMFACTOR INC COMMON STOCK USD.001</title>
        <cusip>346375108</cusip>
        <identifiers>
          <isin value="US3463751087"/>
          <ticker value="FORM US"/>
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        <balance>19998</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3198280.14</valUSD>
        <pctVal>0.4653013453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Figure Technology Solutions Inc.</name>
        <lei>N/A</lei>
        <title>FIGURE TECHNOLOGY SOLUTIONS IN COMMON STOCK USD.0001</title>
        <cusip>349381103</cusip>
        <identifiers>
          <isin value="US3493811034"/>
          <ticker value="FIGR US"/>
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        <balance>8946</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>274731.66</valUSD>
        <pctVal>0.0399692977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fortune Brands Innovations Inc.</name>
        <lei>54930032LHW54PQUJD44</lei>
        <title>FORTUNE BRANDS INNOVATIONS INC COMMON STOCK USD.01</title>
        <cusip>34964C106</cusip>
        <identifiers>
          <isin value="US34964C1062"/>
          <ticker value="FBIN US"/>
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        <balance>33927</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1862592.3</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>Franklin Electric Co. Inc.</name>
        <lei>RR6AURIKMXUE4Q24G284</lei>
        <title>FRANKLIN ELECTRIC CO INC COMMON STOCK USD.1</title>
        <cusip>353514102</cusip>
        <identifiers>
          <isin value="US3535141028"/>
          <ticker value="FELE US"/>
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        <balance>10534</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1129139.46</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>Freshpet Inc.</name>
        <lei>549300S4ZK8ZQ6HNPN59</lei>
        <title>FRESHPET INC COMMON STOCK USD.001</title>
        <cusip>358039105</cusip>
        <identifiers>
          <isin value="US3580391056"/>
          <ticker value="FRPT US"/>
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        <balance>19336</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1143144.32</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Frontdoor Inc.</name>
        <lei>N/A</lei>
        <title>FRONTDOOR INC COMMON STOCK USD.01</title>
        <cusip>35905A109</cusip>
        <identifiers>
          <isin value="US35905A1097"/>
          <ticker value="FTDR US"/>
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        <balance>19516</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1514246.44</valUSD>
        <pctVal>0.2202999346</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>H.B. Fuller Company</name>
        <lei>JSMX3Z5FOYM8V0Q52357</lei>
        <title>HB FULLER CO COMMON STOCK USD1.0</title>
        <cusip>359694106</cusip>
        <identifiers>
          <isin value="US3596941068"/>
          <ticker value="FUL US"/>
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        <balance>15352</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>894868.08</valUSD>
        <pctVal>0.1301897593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gentex Corporation</name>
        <lei>549300S3UD8XV1MN0287</lei>
        <title>GENTEX CORP COMMON STOCK USD.06</title>
        <cusip>371901109</cusip>
        <identifiers>
          <isin value="US3719011096"/>
          <ticker value="GNTX US"/>
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        <balance>61512</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1554408.24</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Genworth Financial Inc.</name>
        <lei>549300EMCG286BDNKJ33</lei>
        <title>GENWORTH FINANCIAL INC COMMON STOCK USD.001</title>
        <cusip>37247D106</cusip>
        <identifiers>
          <isin value="US37247D1063"/>
          <ticker value="GNW US"/>
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        <balance>106117</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1004927.99</valUSD>
        <pctVal>0.1462018101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GitLab Inc.</name>
        <lei>N/A</lei>
        <title>GITLAB INC COMMON STOCK USD.0000025</title>
        <cusip>37637K108</cusip>
        <identifiers>
          <isin value="US37637K1088"/>
          <ticker value="GTLB US"/>
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        <balance>420</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12822.6</valUSD>
        <pctVal>0.0018654942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Glacier Bancorp Inc.</name>
        <lei>N/A</lei>
        <title>GLACIER BANCORP INC COMMON STOCK USD.01</title>
        <cusip>37637Q105</cusip>
        <identifiers>
          <isin value="US37637Q1058"/>
          <ticker value="GBCI US"/>
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        <balance>41987</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2165689.46</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Globalstar Inc.</name>
        <lei>N/A</lei>
        <title>GLOBALSTAR INC COMMON STOCK USD.0001</title>
        <cusip>378973507</cusip>
        <identifiers>
          <isin value="US3789735079"/>
          <ticker value="GSAT US"/>
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        <balance>13760</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1118550.4</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>
      <invstOrSec>
        <name>Graham Holdings Company</name>
        <lei>N/A</lei>
        <title>GRAHAM HOLDINGS CO COMMON STOCK USD1.0</title>
        <cusip>384637104</cusip>
        <identifiers>
          <isin value="US3846371041"/>
          <ticker value="GHC US"/>
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        <balance>883</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1007873.86</valUSD>
        <pctVal>0.1466303896</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>Enact Holdings Inc.</name>
        <lei>N/A</lei>
        <title>ENACT HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>29249E109</cusip>
        <identifiers>
          <isin value="US29249E1091"/>
          <ticker value="ACT US"/>
        </identifiers>
        <balance>11267</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>515014.57</valUSD>
        <pctVal>0.0749268237</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>EnerSys</name>
        <lei>7ZS3DE5PN30BYUJFWP05</lei>
        <title>ENERSYS COMMON STOCK USD.01</title>
        <cusip>29275Y102</cusip>
        <identifiers>
          <isin value="US29275Y1029"/>
          <ticker value="ENS US"/>
        </identifiers>
        <balance>10302</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2408813.64</valUSD>
        <pctVal>0.3504459203</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>Enphase Energy Inc.</name>
        <lei>5493008U7KIGMI59Z314</lei>
        <title>ENPHASE ENERGY INC COMMON STOCK USD.00001</title>
        <cusip>29355A107</cusip>
        <identifiers>
          <isin value="US29355A1079"/>
          <ticker value="ENPH US"/>
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        <balance>30295</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1491725.8</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>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grand Canyon Education Inc.</name>
        <lei>N/A</lei>
        <title>GRAND CANYON EDUCATION INC COMMON STOCK USD.01</title>
        <cusip>38526M106</cusip>
        <identifiers>
          <isin value="US38526M1062"/>
          <ticker value="LOPE US"/>
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        <balance>7090</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1014649.9</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Granite Construction Incorporated</name>
        <lei>549300OM4BWMCIXVCZ39</lei>
        <title>GRANITE CONSTRUCTION INC COMMON STOCK USD.01</title>
        <cusip>387328107</cusip>
        <identifiers>
          <isin value="US3873281071"/>
          <ticker value="GVA US"/>
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        <balance>12255</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1937270.4</valUSD>
        <pctVal>0.2818435171</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>EnPro Inc</name>
        <lei>N/A</lei>
        <title>ENPRO INC COMMON STOCK USD.01</title>
        <cusip>29355X107</cusip>
        <identifiers>
          <isin value="US29355X1072"/>
          <ticker value="NPO US"/>
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        <balance>5902</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2224640.86</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>Enova International Inc.</name>
        <lei>549300O8XOCQSB49UO63</lei>
        <title>ENOVA INTERNATIONAL INC COMMON STOCK USD.00001</title>
        <cusip>29357K103</cusip>
        <identifiers>
          <isin value="US29357K1034"/>
          <ticker value="ENVA US"/>
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        <balance>6155</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1481693.15</valUSD>
        <pctVal>0.2155639237</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>EPAM Systems Inc.</name>
        <lei>549300XCR4R530HJP604</lei>
        <title>EPAM SYSTEMS INC COMMON STOCK USD.001</title>
        <cusip>29414B104</cusip>
        <identifiers>
          <isin value="US29414B1044"/>
          <ticker value="EPAM US"/>
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        <balance>12776</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1013775.6</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>Envista Holdings Corporation</name>
        <lei>N/A</lei>
        <title>ENVISTA HOLDINGS CORP COMMON STOCK USD.01</title>
        <cusip>29415F104</cusip>
        <identifiers>
          <isin value="US29415F1049"/>
          <ticker value="NVST US"/>
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        <balance>46626</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1228595.1</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>ESAB Corporation</name>
        <lei>N/A</lei>
        <title>ESAB CORP COMMON STOCK USD.001</title>
        <cusip>29605J106</cusip>
        <identifiers>
          <isin value="US29605J1060"/>
          <ticker value="ESAB US"/>
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        <balance>21816</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2151712.08</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>ESCO Technologies Inc.</name>
        <lei>5493007JJLP5MEWVDH10</lei>
        <title>ESCO TECHNOLOGIES INC COMMON STOCK USD.01</title>
        <cusip>296315104</cusip>
        <identifiers>
          <isin value="US2963151046"/>
          <ticker value="ESE US"/>
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        <balance>7140</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2499285.6</valUSD>
        <pctVal>0.3636082210</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>Graphic Packaging Holding Company</name>
        <lei>N/A</lei>
        <title>GRAPHIC PACKAGING HOLDING CO COMMON STOCK USD.01</title>
        <cusip>388689101</cusip>
        <identifiers>
          <isin value="US3886891015"/>
          <ticker value="GPK US"/>
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        <balance>60675</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>641334.75</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>Green Brick Partners Inc.</name>
        <lei>549300R7SCIV7FQI6T56</lei>
        <title>GREEN BRICK PARTNERS INC COMMON STOCK USD.01</title>
        <cusip>392709101</cusip>
        <identifiers>
          <isin value="US3927091013"/>
          <ticker value="GRBK US"/>
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        <balance>5183</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>414847.32</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Essential Properties Realty Trust Inc.</name>
        <lei>N/A</lei>
        <title>ESSENTIAL PROPERTIES REALTY TR REIT USD.01</title>
        <cusip>29670E107</cusip>
        <identifiers>
          <isin value="US29670E1073"/>
          <ticker value="EPRT US"/>
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        <balance>69463</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2073470.55</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>Etsy Inc.</name>
        <lei>54930089Q7XT501AEA40</lei>
        <title>ETSY INC COMMON STOCK USD.001</title>
        <cusip>29786A106</cusip>
        <identifiers>
          <isin value="US29786A1060"/>
          <ticker value="ETSY US"/>
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        <balance>36083</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2718132.39</valUSD>
        <pctVal>0.3954471160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Greif Inc.</name>
        <lei>54930070FVGKR0Z1FI24</lei>
        <title>GREIF INC COMMON STOCK</title>
        <cusip>397624107</cusip>
        <identifiers>
          <isin value="US3976241071"/>
          <ticker value="GEF US"/>
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        <balance>6537</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>486941.13</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Greif Inc.</name>
        <lei>54930070FVGKR0Z1FI24</lei>
        <title>GREIF INC COMMON STOCK</title>
        <cusip>397624206</cusip>
        <identifiers>
          <isin value="US3976242061"/>
          <ticker value="GEF/B US"/>
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        <balance>1025</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>95878.5</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>
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      <invstOrSec>
        <name>Everus Construction Group Inc.</name>
        <lei>N/A</lei>
        <title>EVERUS CONSTRUCTION GROUP INC COMMON STOCK</title>
        <cusip>300426103</cusip>
        <identifiers>
          <isin value="US3004261034"/>
          <ticker value="ECG US"/>
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        <balance>14130</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2344873.5</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>Excelerate Energy Inc.</name>
        <lei>N/A</lei>
        <title>EXCELERATE ENERGY INC COMMON STOCK USD.001</title>
        <cusip>30069T101</cusip>
        <identifiers>
          <isin value="US30069T1016"/>
          <ticker value="EE US"/>
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        <balance>6008</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>228243.92</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>
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      <invstOrSec>
        <name>FandG Annuities and Life Inc.</name>
        <lei>N/A</lei>
        <title>FandG ANNUITIES and LIFE INC COMMON STOCK USD.001</title>
        <cusip>30190A104</cusip>
        <identifiers>
          <isin value="US30190A1043"/>
          <ticker value="FG US"/>
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        <balance>7573</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>201366.07</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ExlService Holdings Inc.</name>
        <lei>81E3DTNF6OSH489ZOV15</lei>
        <title>EXLSERVICE HOLDINGS INC COMMON STOCK USD.001</title>
        <cusip>302081104</cusip>
        <identifiers>
          <isin value="US3020811044"/>
          <ticker value="EXLS US"/>
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        <balance>52854</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1366804.44</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>
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      <invstOrSec>
        <name>Griffon Corporation</name>
        <lei>5493000C2SGNC7ZN3242</lei>
        <title>GRIFFON CORP COMMON STOCK USD.25</title>
        <cusip>398433102</cusip>
        <identifiers>
          <isin value="US3984331021"/>
          <ticker value="GFF US"/>
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        <balance>12441</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1213370.73</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>
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      <invstOrSec>
        <name>Group 1 Automotive Inc.</name>
        <lei>549300US8QAZJLWYAF63</lei>
        <title>GROUP 1 AUTOMOTIVE INC COMMON STOCK USD.01</title>
        <cusip>398905109</cusip>
        <identifiers>
          <isin value="US3989051095"/>
          <ticker value="GPI US"/>
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        <balance>4613</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1343167.21</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gulfport Energy Corporation</name>
        <lei>N/A</lei>
        <title>GULFPORT ENERGY CORP COMMON STOCK USD.0001</title>
        <cusip>402635502</cusip>
        <identifiers>
          <isin value="US4026355028"/>
          <ticker value="GPOR US"/>
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        <balance>2553</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>433244.1</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>HNI Corporation</name>
        <lei>549300SKRADLC4O5HV93</lei>
        <title>HNI CORP COMMON STOCK USD1.0</title>
        <cusip>404251100</cusip>
        <identifiers>
          <isin value="US4042511000"/>
          <ticker value="HNI US"/>
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        <balance>16881</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>682161.21</valUSD>
        <pctVal>0.0992441296</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>Exponent Inc.</name>
        <lei>N/A</lei>
        <title>EXPONENT INC COMMON STOCK USD.001</title>
        <cusip>30214U102</cusip>
        <identifiers>
          <isin value="US30214U1025"/>
          <ticker value="EXPO US"/>
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        <balance>19191</balance>
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        <curCd>USD</curCd>
        <valUSD>1127663.16</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>F.N.B. Corporation</name>
        <lei>PCYSKIGYNYFDTBLVZU83</lei>
        <title>FNB CORP/PA COMMON STOCK USD.01</title>
        <cusip>302520101</cusip>
        <identifiers>
          <isin value="US3025201019"/>
          <ticker value="FNB US"/>
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        <balance>127794</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2438309.52</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hagerty Inc.</name>
        <lei>N/A</lei>
        <title>HAGERTY INC COMMON STOCK USD.0001</title>
        <cusip>405166109</cusip>
        <identifiers>
          <isin value="US4051661092"/>
          <ticker value="HGTY US"/>
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        <balance>11867</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>141454.64</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hamilton Lane Incorporated</name>
        <lei>N/A</lei>
        <title>HAMILTON LANE INC COMMON STOCK USD.001</title>
        <cusip>407497106</cusip>
        <identifiers>
          <isin value="US4074971064"/>
          <ticker value="HLNE US"/>
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        <balance>9343</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>736508.69</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hancock Whitney Corporation</name>
        <lei>549300GRNBWY8HIICT41</lei>
        <title>HANCOCK WHITNEY CORP COMMON STOCK USD3.33</title>
        <cusip>410120109</cusip>
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          <isin value="US4101201097"/>
          <ticker value="HWC US"/>
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        <balance>22315</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1667376.8</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Healthcare Realty Trust Incorporated</name>
        <lei>549300L0I14L7I0VLX84</lei>
        <title>HEALTHCARE REALTY TRUST INC REIT USD.01</title>
        <cusip>42226K105</cusip>
        <identifiers>
          <isin value="US42226K1051"/>
          <ticker value="HR US"/>
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        <balance>123762</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2496279.54</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Helmerich and Payne Inc.</name>
        <lei>N/A</lei>
        <title>HELMERICH and PAYNE INC COMMON STOCK USD.1</title>
        <cusip>423452101</cusip>
        <identifiers>
          <isin value="US4234521015"/>
          <ticker value="HP US"/>
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        <balance>22112</balance>
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        <curCd>USD</curCd>
        <valUSD>723946.88</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Herc Holdings Inc.</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>HERC HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>42704L104</cusip>
        <identifiers>
          <isin value="US42704L1044"/>
          <ticker value="HRI US"/>
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        <balance>9291</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1331771.94</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hexcel Corporation</name>
        <lei>S6Q7LW43WUBUHXY2QP69</lei>
        <title>HEXCEL CORP COMMON STOCK USD.01</title>
        <cusip>428291108</cusip>
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          <isin value="US4282911084"/>
          <ticker value="HXL US"/>
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        <balance>28453</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2847007.18</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hilton Grand Vacations Inc.</name>
        <lei>549300O9K6MFD8D07574</lei>
        <title>HILTON GRAND VACATIONS INC COMMON STOCK USD.01</title>
        <cusip>43283X105</cusip>
        <identifiers>
          <isin value="US43283X1054"/>
          <ticker value="HGV US"/>
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        <balance>17859</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>935275.83</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Home BancShares Inc.</name>
        <lei>N/A</lei>
        <title>HOME BANCSHARES INC/AR COMMON STOCK USD.01</title>
        <cusip>436893200</cusip>
        <identifiers>
          <isin value="US4368932004"/>
          <ticker value="HOMB US"/>
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        <balance>66857</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1908767.35</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Howard Hughes Holdings Inc.</name>
        <lei>N/A</lei>
        <title>HOWARD HUGHES HOLDINGS INC COMMON STOCK</title>
        <cusip>44267T102</cusip>
        <identifiers>
          <isin value="US44267T1025"/>
          <ticker value="HHH US"/>
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        <balance>8710</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>622677.9</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FTI Consulting Inc.</name>
        <lei>549300K17GM8EQD0FQ48</lei>
        <title>FTI CONSULTING INC COMMON STOCK USD.01</title>
        <cusip>302941109</cusip>
        <identifiers>
          <isin value="US3029411093"/>
          <ticker value="FCN US"/>
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        <balance>8348</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1243935.48</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Federal Signal Corporation</name>
        <lei>549300RTXZRPTNP6G884</lei>
        <title>FEDERAL SIGNAL CORP COMMON STOCK USD1.0</title>
        <cusip>313855108</cusip>
        <identifiers>
          <isin value="US3138551086"/>
          <ticker value="FSS US"/>
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        <balance>20074</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2579308.26</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federated Hermes Inc.</name>
        <lei>R05X5UQ874RGFF7HHD84</lei>
        <title>FEDERATED HERMES INC COMMON STOCK</title>
        <cusip>314211103</cusip>
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          <isin value="US3142111034"/>
          <ticker value="FHI US"/>
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        <balance>20355</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1124003.1</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First BanCorp.</name>
        <lei>5493000C44WC17AV1S09</lei>
        <title>FIRST BANCORP/PUERTO RICO COMMON STOCK USD.1</title>
        <cusip>318672706</cusip>
        <identifiers>
          <isin value="PR3186727065"/>
          <ticker value="FBP US"/>
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        <balance>42206</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1100310.42</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hut 8 Corp.</name>
        <lei>N/A</lei>
        <title>HUT 8 CORP COMMON STOCK USD.01</title>
        <cusip>44812J104</cusip>
        <identifiers>
          <isin value="US44812J1043"/>
          <ticker value="HUT US"/>
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        <balance>27110</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3129713.95</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ICU Medical Inc.</name>
        <lei>N/A</lei>
        <title>ICU MEDICAL INC COMMON STOCK USD.1</title>
        <cusip>44930G107</cusip>
        <identifiers>
          <isin value="US44930G1076"/>
          <ticker value="ICUI US"/>
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        <balance>7098</balance>
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        <curCd>USD</curCd>
        <valUSD>1040566.8</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Crescent Energy Company</name>
        <lei>N/A</lei>
        <title>CRESCENT ENERGY CO COMMON STOCK USD.0001</title>
        <cusip>44952J104</cusip>
        <identifiers>
          <isin value="US44952J1043"/>
          <ticker value="CRGY US"/>
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        <balance>65284</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>641088.88</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IPG Photonics Corporation</name>
        <lei>5493002KZ51CADQ94G15</lei>
        <title>IPG PHOTONICS CORP COMMON STOCK USD.0001</title>
        <cusip>44980X109</cusip>
        <identifiers>
          <isin value="US44980X1090"/>
          <ticker value="IPGP US"/>
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        <balance>6467</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>758708.44</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IDACORP Inc.</name>
        <lei>N134NUJDWN8UEFA8B673</lei>
        <title>IDACORP INC COMMON STOCK</title>
        <cusip>451107106</cusip>
        <identifiers>
          <isin value="US4511071064"/>
          <ticker value="IDA US"/>
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        <balance>18880</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2856544</valUSD>
        <pctVal>0.4155839100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Immunovant Inc.</name>
        <lei>N/A</lei>
        <title>IMMUNOVANT INC COMMON STOCK USD.0001</title>
        <cusip>45258J102</cusip>
        <identifiers>
          <isin value="US45258J1025"/>
          <ticker value="IMVT US"/>
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        <balance>21424</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>825466.72</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Murphy USA Inc.</name>
        <lei>549300Y081F8XIKQIO72</lei>
        <title>MURPHY USA INC COMMON STOCK USD.01</title>
        <cusip>626755102</cusip>
        <identifiers>
          <isin value="US6267551025"/>
          <ticker value="MUSA US"/>
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        <balance>4331</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2333845.97</valUSD>
        <pctVal>0.3395392592</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>NMI Holdings Inc.</name>
        <lei>N/A</lei>
        <title>NMI HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>629209305</cusip>
        <identifiers>
          <isin value="US6292093050"/>
          <ticker value="NMIH US"/>
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        <balance>12905</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>530266.45</valUSD>
        <pctVal>0.0771457414</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>Independence Realty Trust Inc.</name>
        <lei>N/A</lei>
        <title>INDEPENDENCE REALTY TRUST INC REIT USD.01</title>
        <cusip>45378A106</cusip>
        <identifiers>
          <isin value="US45378A1060"/>
          <ticker value="IRT US"/>
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        <balance>65398</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1091492.62</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Independent Bank Corp.</name>
        <lei>N/A</lei>
        <title>INDEPENDENT BANK CORP COMMON STOCK USD.01</title>
        <cusip>453836108</cusip>
        <identifiers>
          <isin value="US4538361084"/>
          <ticker value="INDB US"/>
        </identifiers>
        <balance>13133</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1099494.76</valUSD>
        <pctVal>0.1599598436</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>Indivior Pharmaceuticals Inc.</name>
        <lei>N/A</lei>
        <title>INDIVIOR PHARMACEUTICALS INC COMMON STOCK USD.001</title>
        <cusip>45579U109</cusip>
        <identifiers>
          <isin value="US45579U1097"/>
          <ticker value="INDV US"/>
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        <balance>31915</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1309472.45</valUSD>
        <pctVal>0.1905084189</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>Ingredion Incorporated</name>
        <lei>PKSTQ48QDN0XSVS7YK88</lei>
        <title>INGREDION INC COMMON STOCK USD.01</title>
        <cusip>457187102</cusip>
        <identifiers>
          <isin value="US4571871023"/>
          <ticker value="INGR US"/>
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        <balance>15775</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1494050.25</valUSD>
        <pctVal>0.2173616947</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>Installed Building Products Inc.</name>
        <lei>549300I95Y9P9YM5FI86</lei>
        <title>INSTALLED BUILDING PRODUCTS IN COMMON STOCK USD.01</title>
        <cusip>45780R101</cusip>
        <identifiers>
          <isin value="US45780R1014"/>
          <ticker value="IBP US"/>
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        <balance>8188</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1881929.92</valUSD>
        <pctVal>0.2737923150</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>Integer Holdings Corporation</name>
        <lei>549300SUD2ED5XG6X569</lei>
        <title>INTEGER HOLDINGS CORP COMMON STOCK USD.001</title>
        <cusip>45826H109</cusip>
        <identifiers>
          <isin value="US45826H1095"/>
          <ticker value="ITGR US"/>
        </identifiers>
        <balance>8579</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>801707.55</valUSD>
        <pctVal>0.1166363124</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>NOV Inc.</name>
        <lei>549300EHF3IW1AR6U008</lei>
        <title>NOV INC COMMON STOCK USD.01</title>
        <cusip>62955J103</cusip>
        <identifiers>
          <isin value="US62955J1034"/>
          <ticker value="NOV US"/>
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        <balance>138351</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2566411.05</valUSD>
        <pctVal>0.3733739578</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>NCR Atleos Corporation</name>
        <lei>N/A</lei>
        <title>NCR ATLEOS CORP COMMON STOCK USD.01</title>
        <cusip>63001N106</cusip>
        <identifiers>
          <isin value="US63001N1063"/>
          <ticker value="NATL US"/>
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        <balance>16159</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>701462.19</valUSD>
        <pctVal>0.1020521300</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>Interparfums Inc.</name>
        <lei>N/A</lei>
        <title>INTERPARFUMS INC COMMON STOCK USD.001</title>
        <cusip>458334109</cusip>
        <identifiers>
          <isin value="US4583341098"/>
          <ticker value="IPAR US"/>
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        <balance>5284</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>591068.24</valUSD>
        <pctVal>0.0859914814</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>International Bancshares Corporation</name>
        <lei>549300Y16R531AU8TX77</lei>
        <title>INTERNATIONAL BANCSHARES CORP COMMON STOCK USD1.0</title>
        <cusip>459044103</cusip>
        <identifiers>
          <isin value="US4590441030"/>
          <ticker value="IBOC US"/>
        </identifiers>
        <balance>15389</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1168794.55</valUSD>
        <pctVal>0.1700419140</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>National Beverage Corp.</name>
        <lei>549300O9MZIQJI8TGV17</lei>
        <title>NATIONAL BEVERAGE CORP COMMON STOCK USD.01</title>
        <cusip>635017106</cusip>
        <identifiers>
          <isin value="US6350171061"/>
          <ticker value="FIZZ US"/>
        </identifiers>
        <balance>6211</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>193783.2</valUSD>
        <pctVal>0.0281925221</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>National Fuel Gas Company</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>NATIONAL FUEL GAS CO COMMON STOCK USD1.0</title>
        <cusip>636180101</cusip>
        <identifiers>
          <isin value="US6361801011"/>
          <ticker value="NFG US"/>
        </identifiers>
        <balance>29833</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2303405.93</valUSD>
        <pctVal>0.3351106942</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>Itron Inc.</name>
        <lei>24F6LSZD18II6ICG6S41</lei>
        <title>ITRON INC COMMON STOCK</title>
        <cusip>465741106</cusip>
        <identifiers>
          <isin value="US4657411066"/>
          <ticker value="ITRI US"/>
        </identifiers>
        <balance>12360</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1069510.8</valUSD>
        <pctVal>0.1555976313</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>Jackson Financial Inc.</name>
        <lei>N/A</lei>
        <title>JACKSON FINANCIAL INC COMMON STOCK USD.01</title>
        <cusip>46817M107</cusip>
        <identifiers>
          <isin value="US46817M1071"/>
          <ticker value="JXN US"/>
        </identifiers>
        <balance>23843</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2441284.77</valUSD>
        <pctVal>0.3551699782</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>National Health Investors Inc.</name>
        <lei>549300ZPKZIG6DKDEC02</lei>
        <title>NATIONAL HEALTH INVESTORS INC REIT USD.01</title>
        <cusip>63633D104</cusip>
        <identifiers>
          <isin value="US63633D1046"/>
          <ticker value="NHI US"/>
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        <balance>12329</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>940209.54</valUSD>
        <pctVal>0.1367862553</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>NNN REIT Inc.</name>
        <lei>5493008JKH5SOTI0JS97</lei>
        <title>NNN REIT INC REIT USD.01</title>
        <cusip>637417106</cusip>
        <identifiers>
          <isin value="US6374171063"/>
          <ticker value="NNN US"/>
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        <balance>6639</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>308912.67</valUSD>
        <pctVal>0.0449421172</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>OPENLANE Inc.</name>
        <lei>5493004HKD20LBSG7D03</lei>
        <title>OPENLANE INC COMMON STOCK USD.01</title>
        <cusip>48238T109</cusip>
        <identifiers>
          <isin value="US48238T1097"/>
          <ticker value="OPLN US"/>
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        <balance>18010</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>742732.4</valUSD>
        <pctVal>0.1080563208</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>KBR Inc.</name>
        <lei>N/A</lei>
        <title>KBR INC COMMON STOCK USD.001</title>
        <cusip>48242W106</cusip>
        <identifiers>
          <isin value="US48242W1062"/>
          <ticker value="KBR US"/>
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        <balance>35940</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1241008.2</valUSD>
        <pctVal>0.1805479069</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>National Storage Affiliates Trust</name>
        <lei>N/A</lei>
        <title>NATIONAL STORAGE AFFILIATES TR REIT USD.01</title>
        <cusip>637870106</cusip>
        <identifiers>
          <isin value="US6378701063"/>
          <ticker value="NSA US"/>
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        <balance>27714</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1232441.58</valUSD>
        <pctVal>0.1793015934</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>Nelnet Inc.</name>
        <lei>549300T6B0Q52I6OM558</lei>
        <title>NELNET INC COMMON STOCK USD.01</title>
        <cusip>64031N108</cusip>
        <identifiers>
          <isin value="US64031N1081"/>
          <ticker value="NNI US"/>
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        <balance>3569</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>475854.77</valUSD>
        <pctVal>0.0692296656</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>Kadant Inc.</name>
        <lei>549300K06LNJYBMPYP15</lei>
        <title>KADANT INC COMMON STOCK USD.01</title>
        <cusip>48282T104</cusip>
        <identifiers>
          <isin value="US48282T1043"/>
          <ticker value="KAI US"/>
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        <balance>3177</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>998308.71</valUSD>
        <pctVal>0.1452388050</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>Kilroy Realty Corporation</name>
        <lei>549300CXXI18B214UN80</lei>
        <title>KILROY REALTY CORP REIT USD.01</title>
        <cusip>49427F108</cusip>
        <identifiers>
          <isin value="US49427F1084"/>
          <ticker value="KRC US"/>
        </identifiers>
        <balance>32225</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1207470.75</valUSD>
        <pctVal>0.1756687156</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>Netskope Inc.</name>
        <lei>N/A</lei>
        <title>NETSKOPE INC COMMON STOCK USD.0001</title>
        <cusip>64119N608</cusip>
        <identifiers>
          <isin value="US64119N6085"/>
          <ticker value="NTSK US"/>
        </identifiers>
        <balance>11757</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>128621.58</valUSD>
        <pctVal>0.0187124928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="98300.370000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Jersey Resources Corporation</name>
        <lei>549300QKBSQBIX4DQ583</lei>
        <title>NEW JERSEY RESOURCES CORP COMMON STOCK USD2.5</title>
        <cusip>646025106</cusip>
        <identifiers>
          <isin value="US6460251068"/>
          <ticker value="NJR US"/>
        </identifiers>
        <balance>27474</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1539642.96</valUSD>
        <pctVal>0.2239947438</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>Kirby Corporation</name>
        <lei>I7NO6FZO5GUCG585T325</lei>
        <title>KIRBY CORP COMMON STOCK USD.1</title>
        <cusip>497266106</cusip>
        <identifiers>
          <isin value="US4972661064"/>
          <ticker value="KEX US"/>
        </identifiers>
        <balance>5529</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>751778.13</valUSD>
        <pctVal>0.1093723376</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>Kite Realty Group Trust</name>
        <lei>N/A</lei>
        <title>KITE REALTY GROUP TRUST REIT USD.01</title>
        <cusip>49803T300</cusip>
        <identifiers>
          <isin value="US49803T3005"/>
          <ticker value="KRG US"/>
        </identifiers>
        <balance>83206</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2361386.28</valUSD>
        <pctVal>0.3435459574</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>Knife River Corporation</name>
        <lei>N/A</lei>
        <title>KNIFE RIVER CORP COMMON STOCK</title>
        <cusip>498894104</cusip>
        <identifiers>
          <isin value="US4988941047"/>
          <ticker value="KNF US"/>
        </identifiers>
        <balance>15909</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1330787.85</valUSD>
        <pctVal>0.1936094869</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>Kodiak Gas Services Inc.</name>
        <lei>N/A</lei>
        <title>KODIAK GAS SERVICES INC COMMON STOCK USD.01</title>
        <cusip>50012A108</cusip>
        <identifiers>
          <isin value="US50012A1088"/>
          <ticker value="KGS US"/>
        </identifiers>
        <balance>21387</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1606805.31</valUSD>
        <pctVal>0.2337658490</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>Flagstar Bank N.A</name>
        <lei>N/A</lei>
        <title>FLAGSTAR BANK NA COMMON STOCK USD.01</title>
        <cusip>649445400</cusip>
        <identifiers>
          <isin value="US6494454001"/>
          <ticker value="FLG US"/>
        </identifiers>
        <balance>93147</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1391616.18</valUSD>
        <pctVal>0.2024590881</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>NewMarket Corporation</name>
        <lei>54930082CG88ERDREQ47</lei>
        <title>NEWMARKET CORP COMMON STOCK</title>
        <cusip>651587107</cusip>
        <identifiers>
          <isin value="US6515871076"/>
          <ticker value="NEU US"/>
        </identifiers>
        <balance>2845</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2251077.8</valUSD>
        <pctVal>0.3274977434</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>Newmark Group Inc.</name>
        <lei>N/A</lei>
        <title>NEWMARK GROUP INC COMMON STOCK USD.01</title>
        <cusip>65158N102</cusip>
        <identifiers>
          <isin value="US65158N1028"/>
          <ticker value="NMRK US"/>
        </identifiers>
        <balance>38556</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>582581.16</valUSD>
        <pctVal>0.0847567397</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>Nexstar Media Group Inc.</name>
        <lei>N/A</lei>
        <title>NEXSTAR MEDIA GROUP INC COMMON STOCK USD.01</title>
        <cusip>65336K103</cusip>
        <identifiers>
          <isin value="US65336K1034"/>
          <ticker value="NXST US"/>
        </identifiers>
        <balance>10505</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1876087.95</valUSD>
        <pctVal>0.2729423968</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>Nicolet Bankshares Inc.</name>
        <lei>N/A</lei>
        <title>NICOLET BANKSHARES INC COMMON STOCK USD.01</title>
        <cusip>65406E102</cusip>
        <identifiers>
          <isin value="US65406E1029"/>
          <ticker value="NIC US"/>
        </identifiers>
        <balance>4230</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>699599.7</valUSD>
        <pctVal>0.1017811659</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>Viking Therapeutics Inc.</name>
        <lei>N/A</lei>
        <title>VIKING THERAPEUTICS INC COMMON STOCK USD.00001</title>
        <cusip>92686J106</cusip>
        <identifiers>
          <isin value="US92686J1060"/>
          <ticker value="VKTX US"/>
        </identifiers>
        <balance>28815</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1124073.15</valUSD>
        <pctVal>0.1635356273</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>Kontoor Brands Inc.</name>
        <lei>N/A</lei>
        <title>KONTOOR BRANDS INC COMMON STOCK</title>
        <cusip>50050N103</cusip>
        <identifiers>
          <isin value="US50050N1037"/>
          <ticker value="KTB US"/>
        </identifiers>
        <balance>12740</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1061751.6</valUSD>
        <pctVal>0.1544687852</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>Korn Ferry</name>
        <lei>549300FOD20OM0GT5G40</lei>
        <title>KORN FERRY COMMON STOCK USD.01</title>
        <cusip>500643200</cusip>
        <identifiers>
          <isin value="US5006432000"/>
          <ticker value="KFY US"/>
        </identifiers>
        <balance>14423</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>960283.34</valUSD>
        <pctVal>0.1397066893</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>Krystal Biotech Inc.</name>
        <lei>N/A</lei>
        <title>KRYSTAL BIOTECH INC COMMON STOCK USD.00001</title>
        <cusip>501147102</cusip>
        <identifiers>
          <isin value="US5011471027"/>
          <ticker value="KRYS US"/>
        </identifiers>
        <balance>10129</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3764645.43</valUSD>
        <pctVal>0.5476989214</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>Kulicke and Soffa Industries Inc.</name>
        <lei>N/A</lei>
        <title>KULICKE and SOFFA INDUSTRIES INC COMMON STOCK</title>
        <cusip>501242101</cusip>
        <identifiers>
          <isin value="US5012421013"/>
          <ticker value="KLIC US"/>
        </identifiers>
        <balance>12866</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1720956.16</valUSD>
        <pctVal>0.2503730697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LCI Industries</name>
        <lei>549300E1B98YNJ1WIQ04</lei>
        <title>LCI INDUSTRIES COMMON STOCK USD.01</title>
        <cusip>50189K103</cusip>
        <identifiers>
          <isin value="US50189K1034"/>
          <ticker value="LCII US"/>
        </identifiers>
        <balance>5513</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>583716.44</valUSD>
        <pctVal>0.0849219058</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 Inc.</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>LAMB WESTON HOLDINGS INC COMMON STOCK USD1.0</title>
        <cusip>513272104</cusip>
        <identifiers>
          <isin value="US5132721045"/>
          <ticker value="LW US"/>
        </identifiers>
        <balance>35566</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1535739.88</valUSD>
        <pctVal>0.2234269047</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>Virtu Financial Inc.</name>
        <lei>5493001OPW2K42CH3884</lei>
        <title>VIRTU FINANCIAL INC COMMON STOCK USD.00001</title>
        <cusip>928254101</cusip>
        <identifiers>
          <isin value="US9282541013"/>
          <ticker value="VIRT US"/>
        </identifiers>
        <balance>22549</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1343243.93</valUSD>
        <pctVal>0.1954216580</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>The Vita Coco Company Inc.</name>
        <lei>N/A</lei>
        <title>VITA COCO CO INC/THE COMMON STOCK USD.01</title>
        <cusip>92846Q107</cusip>
        <identifiers>
          <isin value="US92846Q1076"/>
          <ticker value="COCO US"/>
        </identifiers>
        <balance>12469</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>824699.66</valUSD>
        <pctVal>0.1199813163</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>Vontier Corporation</name>
        <lei>N/A</lei>
        <title>VONTIER CORP COMMON STOCK USD.0001</title>
        <cusip>928881101</cusip>
        <identifiers>
          <isin value="US9288811014"/>
          <ticker value="VNT US"/>
        </identifiers>
        <balance>52901</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1534129</valUSD>
        <pctVal>0.2231925461</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>Vornado Realty Trust</name>
        <lei>N/A</lei>
        <title>VORNADO REALTY TRUST REIT USD.04</title>
        <cusip>929042109</cusip>
        <identifiers>
          <isin value="US9290421091"/>
          <ticker value="VNO US"/>
        </identifiers>
        <balance>59281</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2329743.3</valUSD>
        <pctVal>0.3389423828</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>The Marzetti Company</name>
        <lei>N/A</lei>
        <title>MARZETTI COMPANY/THE COMMON STOCK</title>
        <cusip>513847103</cusip>
        <identifiers>
          <isin value="US5138471033"/>
          <ticker value="MZTI US"/>
        </identifiers>
        <balance>5350</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>610756</valUSD>
        <pctVal>0.0888557525</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>Landbridge Company LLC</name>
        <lei>N/A</lei>
        <title>LANDBRIDGE CO LLC COMMON STOCK USD.01</title>
        <cusip>514952100</cusip>
        <identifiers>
          <isin value="US5149521008"/>
          <ticker value="LB US"/>
        </identifiers>
        <balance>5579</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>442079.96</valUSD>
        <pctVal>0.0643159420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2800.160000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Landstar System Inc.</name>
        <lei>N/A</lei>
        <title>LANDSTAR SYSTEM INC COMMON STOCK USD.01</title>
        <cusip>515098101</cusip>
        <identifiers>
          <isin value="US5150981018"/>
          <ticker value="LSTR US"/>
        </identifiers>
        <balance>13272</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2744782.32</valUSD>
        <pctVal>0.3993242774</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>Lantheus Holdings Inc.</name>
        <lei>N/A</lei>
        <title>LANTHEUS HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>516544103</cusip>
        <identifiers>
          <isin value="US5165441032"/>
          <ticker value="LNTH US"/>
        </identifiers>
        <balance>22772</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2526325.68</valUSD>
        <pctVal>0.3675421433</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>Laureate Education Inc.</name>
        <lei>5JL7TMOH5TY3IUYSUP91</lei>
        <title>LAUREATE EDUCATION INC COMMON STOCK USD.001</title>
        <cusip>518613203</cusip>
        <identifiers>
          <isin value="US5186132032"/>
          <ticker value="LAUR US"/>
        </identifiers>
        <balance>33643</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1221913.76</valUSD>
        <pctVal>0.1777699549</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>Liberty Broadband Corporation</name>
        <lei>N/A</lei>
        <title>LIBERTY BROADBAND CORP COMMON STOCK USD.01</title>
        <cusip>530307305</cusip>
        <identifiers>
          <isin value="US5303073051"/>
          <ticker value="LBRDK US"/>
        </identifiers>
        <balance>28783</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>957322.58</valUSD>
        <pctVal>0.1392759436</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>Liberty Energy Inc.</name>
        <lei>N/A</lei>
        <title>LIBERTY ENERGY INC COMMON STOCK</title>
        <cusip>53115L104</cusip>
        <identifiers>
          <isin value="US53115L1044"/>
          <ticker value="LBRT US"/>
        </identifiers>
        <balance>37998</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>995167.62</valUSD>
        <pctVal>0.1447818240</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>Life Time Group Holdings Inc.</name>
        <lei>N/A</lei>
        <title>LIFE TIME GROUP HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>53190C102</cusip>
        <identifiers>
          <isin value="US53190C1027"/>
          <ticker value="LTH US"/>
        </identifiers>
        <balance>39456</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1611383.04</valUSD>
        <pctVal>0.2344318394</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>Life360 Inc.</name>
        <lei>N/A</lei>
        <title>LIFE360 INC COMMON STOCK USD.001</title>
        <cusip>532206109</cusip>
        <identifiers>
          <isin value="US5322061095"/>
          <ticker value="LIF US"/>
        </identifiers>
        <balance>22120</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1224563.2</valUSD>
        <pctVal>0.1781554083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1058521.360000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Ligand Pharmaceuticals Incorporated</name>
        <lei>5493008K7TB0IKP37H79</lei>
        <title>LIGAND PHARMACEUTICALS INC COMMON STOCK USD.001</title>
        <cusip>53220K504</cusip>
        <identifiers>
          <isin value="US53220K5048"/>
          <ticker value="LGND US"/>
        </identifiers>
        <balance>4995</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1578869.55</valUSD>
        <pctVal>0.2297016188</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>Lincoln National Corporation</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
        <title>LINCOLN NATIONAL CORP COMMON STOCK</title>
        <cusip>534187109</cusip>
        <identifiers>
          <isin value="US5341871094"/>
          <ticker value="LNC US"/>
        </identifiers>
        <balance>57542</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2034109.7</valUSD>
        <pctVal>0.2959321693</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>Lithia Motors Inc.</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
        <title>LITHIA MOTORS INC COMMON STOCK</title>
        <cusip>536797103</cusip>
        <identifiers>
          <isin value="US5367971034"/>
          <ticker value="LAD US"/>
        </identifiers>
        <balance>5866</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1704014.34</valUSD>
        <pctVal>0.2479082913</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>Littelfuse Inc.</name>
        <lei>549300MY7HLQFYTPCX75</lei>
        <title>LITTELFUSE INC COMMON STOCK USD.01</title>
        <cusip>537008104</cusip>
        <identifiers>
          <isin value="US5370081045"/>
          <ticker value="LFUS US"/>
        </identifiers>
        <balance>8907</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4055624.31</valUSD>
        <pctVal>0.5900319436</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>Loar Holdings Inc.</name>
        <lei>N/A</lei>
        <title>LOAR HOLDINGS INC COMMON STOCK NPV</title>
        <cusip>53947R105</cusip>
        <identifiers>
          <isin value="US53947R1059"/>
          <ticker value="LOAR US"/>
        </identifiers>
        <balance>11930</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>961677.3</valUSD>
        <pctVal>0.1399094894</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>Louisiana-Pacific Corporation</name>
        <lei>549300C7E2UAO5BVRR75</lei>
        <title>LOUISIANA-PACIFIC CORP COMMON STOCK USD1.0</title>
        <cusip>546347105</cusip>
        <identifiers>
          <isin value="US5463471053"/>
          <ticker value="LPX US"/>
        </identifiers>
        <balance>23463</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1845599.58</valUSD>
        <pctVal>0.2685068005</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>Lumen Technologies Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>LUMEN TECHNOLOGIES INC COMMON STOCK USD1.0</title>
        <cusip>550241103</cusip>
        <identifiers>
          <isin value="US5502411037"/>
          <ticker value="LUMN US"/>
        </identifiers>
        <balance>365508</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2807101.44</valUSD>
        <pctVal>0.4083907660</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>Lyft Inc.</name>
        <lei>N/A</lei>
        <title>LYFT INC COMMON STOCK USD.00001</title>
        <cusip>55087P104</cusip>
        <identifiers>
          <isin value="US55087P1049"/>
          <ticker value="LYFT US"/>
        </identifiers>
        <balance>106149</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1550836.89</valUSD>
        <pctVal>0.2256232911</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>MDU Resources Group Inc.</name>
        <lei>N/A</lei>
        <title>MDU RESOURCES GROUP INC COMMON STOCK USD1.0</title>
        <cusip>552690109</cusip>
        <identifiers>
          <isin value="US5526901096"/>
          <ticker value="MDU US"/>
        </identifiers>
        <balance>79440</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1684922.4</valUSD>
        <pctVal>0.2451307031</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>MGE Energy Inc.</name>
        <lei>N/A</lei>
        <title>MGE ENERGY INC COMMON STOCK USD1.0</title>
        <cusip>55277P104</cusip>
        <identifiers>
          <isin value="US55277P1049"/>
          <ticker value="MGEE US"/>
        </identifiers>
        <balance>9032</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>736469.28</valUSD>
        <pctVal>0.1071451317</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>MGIC Investment Corporation</name>
        <lei>N/A</lei>
        <title>MGIC INVESTMENT CORP COMMON STOCK USD1.0</title>
        <cusip>552848103</cusip>
        <identifiers>
          <isin value="US5528481030"/>
          <ticker value="MTG US"/>
        </identifiers>
        <balance>79344</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2237500.8</valUSD>
        <pctVal>0.3255224954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MSA Safety Incorporated</name>
        <lei>N/A</lei>
        <title>MSA SAFETY INC COMMON STOCK</title>
        <cusip>553498106</cusip>
        <identifiers>
          <isin value="US5534981064"/>
          <ticker value="MSA US"/>
        </identifiers>
        <balance>13289</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2319993.62</valUSD>
        <pctVal>0.3375239520</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>MSC Industrial Direct Co. Inc.</name>
        <lei>0XVKH0LN6YGOWO2EGO17</lei>
        <title>MSC INDUSTRIAL DIRECT CO INC COMMON STOCK USD.001</title>
        <cusip>553530106</cusip>
        <identifiers>
          <isin value="US5535301064"/>
          <ticker value="MSM US"/>
        </identifiers>
        <balance>12339</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1467724.05</valUSD>
        <pctVal>0.2135316311</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>MYR Group Inc.</name>
        <lei>N/A</lei>
        <title>MYR GROUP INC COMMON STOCK USD.01</title>
        <cusip>55405W104</cusip>
        <identifiers>
          <isin value="US55405W1045"/>
          <ticker value="MYRG US"/>
        </identifiers>
        <balance>3713</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1857985.2</valUSD>
        <pctVal>0.2703087207</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>The Macerich Company</name>
        <lei>N/A</lei>
        <title>MACERICH CO/THE REIT USD.01</title>
        <cusip>554382101</cusip>
        <identifiers>
          <isin value="US5543821012"/>
          <ticker value="MAC US"/>
        </identifiers>
        <balance>73001</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1838895.19</valUSD>
        <pctVal>0.2675314132</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>Macy's Inc.</name>
        <lei>N/A</lei>
        <title>MACY'S INC COMMON STOCK USD.01</title>
        <cusip>55616P104</cusip>
        <identifiers>
          <isin value="US55616P1049"/>
          <ticker value="M US"/>
        </identifiers>
        <balance>74804</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1761634.2</valUSD>
        <pctVal>0.2562911087</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>Madison Square Garden Sports Corp.</name>
        <lei>N/A</lei>
        <title>MADISON SQUARE GARDEN SPORTS C COMMON STOCK USD.01</title>
        <cusip>55825T103</cusip>
        <identifiers>
          <isin value="US55825T1034"/>
          <ticker value="MSGS US"/>
        </identifiers>
        <balance>6965</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2798815.6</valUSD>
        <pctVal>0.4071853017</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>Sphere Entertainment Co.</name>
        <lei>N/A</lei>
        <title>SPHERE ENTERTAINMENT CO COMMON STOCK USD.01</title>
        <cusip>55826T102</cusip>
        <identifiers>
          <isin value="US55826T1025"/>
          <ticker value="SPHR US"/>
        </identifiers>
        <balance>6987</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1208960.61</valUSD>
        <pctVal>0.1758854677</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>Magnolia Oil and Gas Corporation</name>
        <lei>N/A</lei>
        <title>MAGNOLIA OIL and GAS CORP COMMON STOCK USD.0001</title>
        <cusip>559663109</cusip>
        <identifiers>
          <isin value="US5596631094"/>
          <ticker value="MGY US"/>
        </identifiers>
        <balance>71392</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1826207.36</valUSD>
        <pctVal>0.2656855260</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>Northwestern Energy Group Inc.</name>
        <lei>N/A</lei>
        <title>NORTHWESTERN ENERGY GROUP INC COMMON STOCK USD.01</title>
        <cusip>668074305</cusip>
        <identifiers>
          <isin value="US6680743050"/>
          <ticker value="NWE US"/>
        </identifiers>
        <balance>16688</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1195194.56</valUSD>
        <pctVal>0.1738827158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Novanta Inc.</name>
        <lei>N/A</lei>
        <title>NOVANTA INC COMMON STOCK</title>
        <cusip>67000B104</cusip>
        <identifiers>
          <isin value="CA67000B1040"/>
          <ticker value="NOVT US"/>
        </identifiers>
        <balance>13447</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2181641.28</valUSD>
        <pctVal>0.3173957809</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>OSI Systems Inc.</name>
        <lei>DDX3MPX1Y8YD30050X33</lei>
        <title>OSI SYSTEMS INC COMMON STOCK</title>
        <cusip>671044105</cusip>
        <identifiers>
          <isin value="US6710441055"/>
          <ticker value="OSIS US"/>
        </identifiers>
        <balance>4306</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>941722.2</valUSD>
        <pctVal>0.1370063244</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>Chord Energy Corporation</name>
        <lei>N/A</lei>
        <title>CHORD ENERGY CORP COMMON STOCK</title>
        <cusip>674215207</cusip>
        <identifiers>
          <isin value="US6742152076"/>
          <ticker value="CHRD US"/>
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        <balance>14923</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1705698.9</valUSD>
        <pctVal>0.2481533693</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>Oceaneering International Inc.</name>
        <lei>549300L6PH74701W0R30</lei>
        <title>OCEANEERING INTERNATIONAL INC COMMON STOCK USD.25</title>
        <cusip>675232102</cusip>
        <identifiers>
          <isin value="US6752321025"/>
          <ticker value="OII US"/>
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        <balance>23741</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>961985.32</valUSD>
        <pctVal>0.1399543017</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>Ollie's Bargain Outlet Holdings Inc.</name>
        <lei>N/A</lei>
        <title>OLLIE'S BARGAIN OUTLET HOLDING COMMON STOCK USD.001</title>
        <cusip>681116109</cusip>
        <identifiers>
          <isin value="US6811161099"/>
          <ticker value="OLLI US"/>
        </identifiers>
        <balance>21061</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1619169.68</valUSD>
        <pctVal>0.2355646777</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>ONE Gas Inc.</name>
        <lei>549300HXDWI0LATTX840</lei>
        <title>ONE GAS INC COMMON STOCK</title>
        <cusip>68235P108</cusip>
        <identifiers>
          <isin value="US68235P1084"/>
          <ticker value="OGS US"/>
        </identifiers>
        <balance>17142</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1321133.94</valUSD>
        <pctVal>0.1922049891</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>OneMain Holdings Inc.</name>
        <lei>549300E3VEW8SMS5XW09</lei>
        <title>ONEMAIN HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>68268W103</cusip>
        <identifiers>
          <isin value="US68268W1036"/>
          <ticker value="OMF US"/>
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        <balance>40120</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2446116.4</valUSD>
        <pctVal>0.3558729072</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>Option Care Health Inc.</name>
        <lei>549300DI3Q5ACSYJRI17</lei>
        <title>OPTION CARE HEALTH INC COMMON STOCK USD.0001</title>
        <cusip>68404L201</cusip>
        <identifiers>
          <isin value="US68404L2016"/>
          <ticker value="OPCH US"/>
        </identifiers>
        <balance>63429</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1330106.13</valUSD>
        <pctVal>0.1935103070</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>Ormat Technologies Inc.</name>
        <lei>5493000TSHHWY24VHM09</lei>
        <title>ORMAT TECHNOLOGIES INC COMMON STOCK USD.001</title>
        <cusip>686688102</cusip>
        <identifiers>
          <isin value="US6866881021"/>
          <ticker value="ORA US"/>
        </identifiers>
        <balance>15939</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1735757.1</valUSD>
        <pctVal>0.2525263824</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>Oscar Health Inc.</name>
        <lei>N/A</lei>
        <title>OSCAR HEALTH INC COMMON STOCK USD.00001</title>
        <cusip>687793109</cusip>
        <identifiers>
          <isin value="US6877931096"/>
          <ticker value="OSCR US"/>
        </identifiers>
        <balance>64048</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1826648.96</valUSD>
        <pctVal>0.2657497721</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>Otter Tail Corporation</name>
        <lei>N/A</lei>
        <title>OTTER TAIL CORP COMMON STOCK USD5.0</title>
        <cusip>689648103</cusip>
        <identifiers>
          <isin value="US6896481032"/>
          <ticker value="OTTR US"/>
        </identifiers>
        <balance>11206</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1008315.88</valUSD>
        <pctVal>0.1466946968</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>OUTFRONT Media Inc.</name>
        <lei>549300RZWDYU5722I639</lei>
        <title>OUTFRONT MEDIA INC REIT USD.01</title>
        <cusip>69007J304</cusip>
        <identifiers>
          <isin value="US69007J3041"/>
          <ticker value="OUT US"/>
        </identifiers>
        <balance>44897</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1470825.72</valUSD>
        <pctVal>0.2139828771</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>PBF Energy Inc.</name>
        <lei>N/A</lei>
        <title>PBF ENERGY INC COMMON STOCK USD.001</title>
        <cusip>69318G106</cusip>
        <identifiers>
          <isin value="US69318G1067"/>
          <ticker value="PBF US"/>
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        <balance>20251</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>921825.52</valUSD>
        <pctVal>0.1341116587</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>PJT Partners Inc.</name>
        <lei>549300W3WBEQUBKYTN87</lei>
        <title>PJT PARTNERS INC COMMON STOCK USD.01</title>
        <cusip>69343T107</cusip>
        <identifiers>
          <isin value="US69343T1079"/>
          <ticker value="PJT US"/>
        </identifiers>
        <balance>8933</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1348347.02</valUSD>
        <pctVal>0.1961640803</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>TXNM Energy Inc.</name>
        <lei>5493003JOBJGLZSDDQ28</lei>
        <title>TXNM ENERGY INC COMMON STOCK</title>
        <cusip>69349H107</cusip>
        <identifiers>
          <isin value="US69349H1077"/>
          <ticker value="TXNM US"/>
        </identifiers>
        <balance>29779</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1690851.62</valUSD>
        <pctVal>0.2459933148</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>PVH Corp.</name>
        <lei>123WALMHY1GZXG2YDL90</lei>
        <title>PVH CORP COMMON STOCK USD1.0</title>
        <cusip>693656100</cusip>
        <identifiers>
          <isin value="US6936561009"/>
          <ticker value="PVH US"/>
        </identifiers>
        <balance>19138</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1421187.88</valUSD>
        <pctVal>0.2067613228</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>PTC Therapeutics Inc.</name>
        <lei>549300UJLWOIWFDGB318</lei>
        <title>PTC THERAPEUTICS INC COMMON STOCK USD.001</title>
        <cusip>69366J200</cusip>
        <identifiers>
          <isin value="US69366J2006"/>
          <ticker value="PTCT US"/>
        </identifiers>
        <balance>23772</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1939082.04</valUSD>
        <pctVal>0.2821070833</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>PACS Group Inc.</name>
        <lei>N/A</lei>
        <title>PACS GROUP INC COMMON STOCK USD.001</title>
        <cusip>69380Q107</cusip>
        <identifiers>
          <isin value="US69380Q1076"/>
          <ticker value="PACS US"/>
        </identifiers>
        <balance>9876</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>421112.64</valUSD>
        <pctVal>0.0612655144</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>Palomar Holdings Inc.</name>
        <lei>N/A</lei>
        <title>PALOMAR HOLDINGS INC COMMON STOCK USD.0001</title>
        <cusip>69753M105</cusip>
        <identifiers>
          <isin value="US69753M1053"/>
          <ticker value="PLMR US"/>
        </identifiers>
        <balance>7168</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>905963.52</valUSD>
        <pctVal>0.1318039778</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>Parsons Corporation</name>
        <lei>N/A</lei>
        <title>PARSONS CORP COMMON STOCK USD1.0</title>
        <cusip>70202L102</cusip>
        <identifiers>
          <isin value="US70202L1026"/>
          <ticker value="PSN US"/>
        </identifiers>
        <balance>12895</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>675569.05</valUSD>
        <pctVal>0.0982850701</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>Patrick Industries Inc.</name>
        <lei>N/A</lei>
        <title>PATRICK INDUSTRIES INC COMMON STOCK</title>
        <cusip>703343103</cusip>
        <identifiers>
          <isin value="US7033431039"/>
          <ticker value="PATK US"/>
        </identifiers>
        <balance>8932</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>801914.96</valUSD>
        <pctVal>0.1166664874</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>Patterson-UTI Energy Inc.</name>
        <lei>N/A</lei>
        <title>PATTERSON-UTI ENERGY INC COMMON STOCK USD.01</title>
        <cusip>703481101</cusip>
        <identifiers>
          <isin value="US7034811015"/>
          <ticker value="PTEN US"/>
        </identifiers>
        <balance>87539</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>803608.02</valUSD>
        <pctVal>0.1169128020</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>Paymentus Holdings Inc.</name>
        <lei>N/A</lei>
        <title>PAYMENTUS HOLDINGS INC COMMON STOCK USD.0001</title>
        <cusip>70439P108</cusip>
        <identifiers>
          <isin value="US70439P1084"/>
          <ticker value="PAY US"/>
        </identifiers>
        <balance>8081</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>195236.96</valUSD>
        <pctVal>0.0284040222</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>Peabody Energy Corporation</name>
        <lei>EJCO258LNNVSKAR2JX59</lei>
        <title>PEABODY ENERGY CORP COMMON STOCK</title>
        <cusip>704551100</cusip>
        <identifiers>
          <isin value="US7045511000"/>
          <ticker value="BTU US"/>
        </identifiers>
        <balance>26784</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>619246.08</valUSD>
        <pctVal>0.0900909306</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>Pegasystems Inc.</name>
        <lei>549300FMCOKPL06FYN26</lei>
        <title>PEGASYSTEMS INC COMMON STOCK USD.01</title>
        <cusip>705573103</cusip>
        <identifiers>
          <isin value="US7055731035"/>
          <ticker value="PEGA US"/>
        </identifiers>
        <balance>21291</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>638091.27</valUSD>
        <pctVal>0.0928326204</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>PennyMac Financial Services Inc.</name>
        <lei>N/A</lei>
        <title>PENNYMAC FINANCIAL SERVICES IN COMMON STOCK USD.0001</title>
        <cusip>70932M107</cusip>
        <identifiers>
          <isin value="US70932M1071"/>
          <ticker value="PFSI US"/>
        </identifiers>
        <balance>10765</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>937631.5</valUSD>
        <pctVal>0.1364111895</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>Planet Fitness Inc.</name>
        <lei>549300LLE5HUPF6H8G33</lei>
        <title>PLANET FITNESS INC COMMON STOCK</title>
        <cusip>72703H101</cusip>
        <identifiers>
          <isin value="US72703H1014"/>
          <ticker value="PLNT US"/>
        </identifiers>
        <balance>19643</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1024775.31</valUSD>
        <pctVal>0.1490892947</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>Plexus Corp.</name>
        <lei>549300W7HCBI5YT25I79</lei>
        <title>PLEXUS CORP COMMON STOCK USD.01</title>
        <cusip>729132100</cusip>
        <identifiers>
          <isin value="US7291321005"/>
          <ticker value="PLXS US"/>
        </identifiers>
        <balance>7391</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2222251.97</valUSD>
        <pctVal>0.3233040215</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>Polaris Inc.</name>
        <lei>549300QJSN8UVWN1EI78</lei>
        <title>POLARIS INC COMMON STOCK USD.01</title>
        <cusip>731068102</cusip>
        <identifiers>
          <isin value="US7310681025"/>
          <ticker value="PII US"/>
        </identifiers>
        <balance>14848</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1016197.12</valUSD>
        <pctVal>0.1478412979</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>Portland General Electric Company</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>PORTLAND GENERAL ELECTRIC CO COMMON STOCK</title>
        <cusip>736508847</cusip>
        <identifiers>
          <isin value="US7365088472"/>
          <ticker value="POR US"/>
        </identifiers>
        <balance>42268</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2190750.44</valUSD>
        <pctVal>0.3187210257</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>Post Holdings Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>POST HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>737446104</cusip>
        <identifiers>
          <isin value="US7374461041"/>
          <ticker value="POST US"/>
        </identifiers>
        <balance>17628</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1555847.28</valUSD>
        <pctVal>0.2263522270</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>Powell Industries Inc.</name>
        <lei>549300V08RO7MX2UBN26</lei>
        <title>POWELL INDUSTRIES INC COMMON STOCK USD.01</title>
        <cusip>739128106</cusip>
        <identifiers>
          <isin value="US7391281067"/>
          <ticker value="POWL US"/>
        </identifiers>
        <balance>7797</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2232748.92</valUSD>
        <pctVal>0.3248311688</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>Prestige Consumer Healthcare Inc.</name>
        <lei>N/A</lei>
        <title>PRESTIGE CONSUMER HEALTHCARE I COMMON STOCK USD.01</title>
        <cusip>74112D101</cusip>
        <identifiers>
          <isin value="US74112D1019"/>
          <ticker value="PBH US"/>
        </identifiers>
        <balance>13150</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>621600.5</valUSD>
        <pctVal>0.0904334630</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>PriceSmart Inc.</name>
        <lei>549300JVYOSTGVSDZS46</lei>
        <title>PRICESMART INC COMMON STOCK USD.0001</title>
        <cusip>741511109</cusip>
        <identifiers>
          <isin value="US7415111092"/>
          <ticker value="PSMT US"/>
        </identifiers>
        <balance>6984</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1364254.56</valUSD>
        <pctVal>0.1984783866</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>Primoris Services Corporation</name>
        <lei>549300UF3OLBJ8D5K349</lei>
        <title>PRIMORIS SERVICES CORP COMMON STOCK USD.0001</title>
        <cusip>74164F103</cusip>
        <identifiers>
          <isin value="US74164F1030"/>
          <ticker value="PRIM US"/>
        </identifiers>
        <balance>13213</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1309672.56</valUSD>
        <pctVal>0.1905375318</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>Privia Health Group Inc.</name>
        <lei>N/A</lei>
        <title>PRIVIA HEALTH GROUP INC COMMON STOCK USD.01</title>
        <cusip>74276R102</cusip>
        <identifiers>
          <isin value="US74276R1023"/>
          <ticker value="PRVA US"/>
        </identifiers>
        <balance>21790</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>560656.7</valUSD>
        <pctVal>0.0815670627</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>Prosperity Bancshares Inc.</name>
        <lei>N/A</lei>
        <title>PROSPERITY BANCSHARES INC COMMON STOCK USD1.0</title>
        <cusip>743606105</cusip>
        <identifiers>
          <isin value="US7436061052"/>
          <ticker value="PB US"/>
        </identifiers>
        <balance>32643</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2383918.29</valUSD>
        <pctVal>0.3468240238</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>Qorvo Inc.</name>
        <lei>N/A</lei>
        <title>QORVO INC COMMON STOCK USD.0001</title>
        <cusip>74736K101</cusip>
        <identifiers>
          <isin value="US74736K1016"/>
          <ticker value="QRVO US"/>
        </identifiers>
        <balance>25895</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2415226.65</valUSD>
        <pctVal>0.3513789162</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>Q2 Holdings Inc.</name>
        <lei>549300M9RKR9DZXWS696</lei>
        <title>Q2 HOLDINGS INC COMMON STOCK USD.0001</title>
        <cusip>74736L109</cusip>
        <identifiers>
          <isin value="US74736L1098"/>
          <ticker value="QTWO US"/>
        </identifiers>
        <balance>9692</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>466185.2</valUSD>
        <pctVal>0.0678228896</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>Qualys Inc.</name>
        <lei>549300EMBXYOW9W1XA17</lei>
        <title>QUALYS INC COMMON STOCK USD.001</title>
        <cusip>74758T303</cusip>
        <identifiers>
          <isin value="US74758T3032"/>
          <ticker value="QLYS US"/>
        </identifiers>
        <balance>9309</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1279894.41</valUSD>
        <pctVal>0.1862052618</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>QuantumScape Corporation</name>
        <lei>N/A</lei>
        <title>QUANTUMSCAPE CORP COMMON STOCK USD.0001</title>
        <cusip>74767V109</cusip>
        <identifiers>
          <isin value="US74767V1098"/>
          <ticker value="QS US"/>
        </identifiers>
        <balance>127900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>966924</valUSD>
        <pctVal>0.1406728048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="827123.200000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>RLI Corp.</name>
        <lei>N/A</lei>
        <title>RLI CORP COMMON STOCK USD1.0</title>
        <cusip>749607107</cusip>
        <identifiers>
          <isin value="US7496071074"/>
          <ticker value="RLI US"/>
        </identifiers>
        <balance>31604</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1866848.28</valUSD>
        <pctVal>0.2715981647</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>RH</name>
        <lei>5493008MTS3OGGMHGK69</lei>
        <title>RH COMMON STOCK USD.0001</title>
        <cusip>74967X103</cusip>
        <identifiers>
          <isin value="US74967X1037"/>
          <ticker value="RH US"/>
        </identifiers>
        <balance>4141</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>682146.93</valUSD>
        <pctVal>0.0992420521</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>Radian Group Inc.</name>
        <lei>54930005OUP720S5U385</lei>
        <title>RADIAN GROUP INC COMMON STOCK USD.001</title>
        <cusip>750236101</cusip>
        <identifiers>
          <isin value="US7502361014"/>
          <ticker value="RDN US"/>
        </identifiers>
        <balance>35845</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1350281.15</valUSD>
        <pctVal>0.1964454670</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>RadNet Inc.</name>
        <lei>N/A</lei>
        <title>RADNET INC COMMON STOCK USD.0001</title>
        <cusip>750491102</cusip>
        <identifiers>
          <isin value="US7504911022"/>
          <ticker value="RDNT US"/>
        </identifiers>
        <balance>25340</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1562717.8</valUSD>
        <pctVal>0.2273517837</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>Ralliant Corporation</name>
        <lei>N/A</lei>
        <title>RALLIANT CORP COMMON STOCK USD.01</title>
        <cusip>750940108</cusip>
        <identifiers>
          <isin value="US7509401086"/>
          <ticker value="RAL US"/>
        </identifiers>
        <balance>30011</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2209709.93</valUSD>
        <pctVal>0.3214793445</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>Rayonier Inc.</name>
        <lei>HGV8VDVNL0W6SF2U9C50</lei>
        <title>RAYONIER INC REIT</title>
        <cusip>754907103</cusip>
        <identifiers>
          <isin value="US7549071030"/>
          <ticker value="RYN US"/>
        </identifiers>
        <balance>79104</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1683333.12</valUSD>
        <pctVal>0.2448994869</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>Remitly Global Inc.</name>
        <lei>N/A</lei>
        <title>REMITLY GLOBAL INC COMMON STOCK USD.0001</title>
        <cusip>75960P104</cusip>
        <identifiers>
          <isin value="US75960P1049"/>
          <ticker value="RELY US"/>
        </identifiers>
        <balance>43462</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>973983.42</valUSD>
        <pctVal>0.1416998436</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>Renasant Corporation</name>
        <lei>549300OVE6OZHW2UUH81</lei>
        <title>RENASANT CORP COMMON STOCK USD5.0</title>
        <cusip>75970E107</cusip>
        <identifiers>
          <isin value="US75970E1073"/>
          <ticker value="RNST US"/>
        </identifiers>
        <balance>24418</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1038741.72</valUSD>
        <pctVal>0.1511211959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Repligen Corporation</name>
        <lei>54930006QJ0T5AUO1E71</lei>
        <title>REPLIGEN CORP COMMON STOCK USD.01</title>
        <cusip>759916109</cusip>
        <identifiers>
          <isin value="US7599161095"/>
          <ticker value="RGEN US"/>
        </identifiers>
        <balance>15027</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2050283.88</valUSD>
        <pctVal>0.2982852676</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>Resideo Technologies Inc.</name>
        <lei>N/A</lei>
        <title>RESIDEO TECHNOLOGIES INC COMMON STOCK USD.001</title>
        <cusip>76118Y104</cusip>
        <identifiers>
          <isin value="US76118Y1047"/>
          <ticker value="REZI US"/>
        </identifiers>
        <balance>37153</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1155458.3</valUSD>
        <pctVal>0.1681016915</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>Reynolds Consumer Products Inc.</name>
        <lei>N/A</lei>
        <title>REYNOLDS CONSUMER PRODUCTS INC COMMON STOCK USD.001</title>
        <cusip>76171L106</cusip>
        <identifiers>
          <isin value="US76171L1061"/>
          <ticker value="REYN US"/>
        </identifiers>
        <balance>21949</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>589330.65</valUSD>
        <pctVal>0.0857386884</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>Riot Platforms Inc.</name>
        <lei>N/A</lei>
        <title>RIOT PLATFORMS INC COMMON STOCK</title>
        <cusip>767292105</cusip>
        <identifiers>
          <isin value="US7672921050"/>
          <ticker value="RIOT US"/>
        </identifiers>
        <balance>106275</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2909809.5</valUSD>
        <pctVal>0.4233332340</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>Rush Enterprises Inc.</name>
        <lei>N/A</lei>
        <title>RUSH ENTERPRISES INC COMMON STOCK USD.01</title>
        <cusip>781846209</cusip>
        <identifiers>
          <isin value="US7818462092"/>
          <ticker value="RUSHA US"/>
        </identifiers>
        <balance>16621</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1213083.69</valUSD>
        <pctVal>0.1764853134</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>Rush Enterprises Inc.</name>
        <lei>N/A</lei>
        <title>RUSH ENTERPRISES INC COMMON STOCK USD.01</title>
        <cusip>781846308</cusip>
        <identifiers>
          <isin value="US7818463082"/>
          <ticker value="RUSHB US"/>
        </identifiers>
        <balance>2094</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>160191</valUSD>
        <pctVal>0.0233053656</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>Rush Street Interactive Inc.</name>
        <lei>N/A</lei>
        <title>RUSH STREET INTERACTIVE INC COMMON STOCK USD.0001</title>
        <cusip>782011100</cusip>
        <identifiers>
          <isin value="US7820111000"/>
          <ticker value="RSI US"/>
        </identifiers>
        <balance>25316</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>752897.84</valUSD>
        <pctVal>0.1095352385</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>Ryder System Inc.</name>
        <lei>ZXJ6Y2OSPZXIVGRILD15</lei>
        <title>RYDER SYSTEM INC COMMON STOCK USD.5</title>
        <cusip>783549108</cusip>
        <identifiers>
          <isin value="US7835491082"/>
          <ticker value="R US"/>
        </identifiers>
        <balance>13636</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3596767.72</valUSD>
        <pctVal>0.5232752559</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>Ryman Hospitality Properties Inc.</name>
        <lei>N/A</lei>
        <title>RYMAN HOSPITALITY PROPERTIES I REIT USD.01</title>
        <cusip>78377T107</cusip>
        <identifiers>
          <isin value="US78377T1079"/>
          <ticker value="RHP US"/>
        </identifiers>
        <balance>21502</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2764082.1</valUSD>
        <pctVal>0.4021321033</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>State Street Bank and Trust Company</name>
        <lei>571474TGEMMWANRLN572</lei>
        <title>SCC GOVERMENT MM GVXX 20301231 00001.0000000000</title>
        <cusip>7839989D1</cusip>
        <identifiers>
          <ticker value="7839989D1010"/>
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        <balance>2330940.21</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2330940.21</valUSD>
        <pctVal>0.3391165151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</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>SLM Corporation</name>
        <lei>N/A</lei>
        <title>SLM CORP COMMON STOCK USD.2</title>
        <cusip>78442P106</cusip>
        <identifiers>
          <isin value="US78442P1066"/>
          <ticker value="SLM US"/>
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        <balance>68699</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1782052.06</valUSD>
        <pctVal>0.2592615983</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>SM Energy Company</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM ENERGY CO COMMON STOCK USD.01</title>
        <cusip>78454L100</cusip>
        <identifiers>
          <isin value="US78454L1008"/>
          <ticker value="SM US"/>
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        <balance>90967</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2374238.7</valUSD>
        <pctVal>0.3454157900</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>Sabra Health Care REIT Inc.</name>
        <lei>549300E3BC7GU7TAZ621</lei>
        <title>SABRA HEALTHCARE REIT REIT USD.01</title>
        <cusip>78573L106</cusip>
        <identifiers>
          <isin value="US78573L1061"/>
          <ticker value="SBRA US"/>
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        <balance>69169</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1349487.19</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>Sailpoint Inc.</name>
        <lei>N/A</lei>
        <title>SAILPOINT INC COMMON STOCK USD.0001</title>
        <cusip>78781J109</cusip>
        <identifiers>
          <isin value="US78781J1097"/>
          <ticker value="SAIL US"/>
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        <balance>16119</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>235982.16</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>
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      <invstOrSec>
        <name>The St. Joe Company</name>
        <lei>N/A</lei>
        <title>ST JOE CO/THE COMMON STOCK</title>
        <cusip>790148100</cusip>
        <identifiers>
          <isin value="US7901481009"/>
          <ticker value="JOE US"/>
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        <balance>9685</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>606571.55</valUSD>
        <pctVal>0.0882469783</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>Sanmina Corporation</name>
        <lei>X5K24XLM8QYRXF00EB42</lei>
        <title>SANMINA CORP COMMON STOCK USD.01</title>
        <cusip>801056102</cusip>
        <identifiers>
          <isin value="US8010561020"/>
          <ticker value="SANM US"/>
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        <balance>14725</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3726603</valUSD>
        <pctVal>0.5421643237</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>Schneider National Inc.</name>
        <lei>N/A</lei>
        <title>SCHNEIDER NATIONAL INC COMMON STOCK</title>
        <cusip>80689H102</cusip>
        <identifiers>
          <isin value="US80689H1023"/>
          <ticker value="SNDR US"/>
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        <balance>11101</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>405519.53</valUSD>
        <pctVal>0.0589969529</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>Science Applications International Corporation</name>
        <lei>549300LZPNZIXQGZPZ48</lei>
        <title>SCIENCE APPLICATIONS INTERNATI COMMON STOCK USD.0001</title>
        <cusip>808625107</cusip>
        <identifiers>
          <isin value="US8086251076"/>
          <ticker value="SAIC US"/>
        </identifiers>
        <balance>17338</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1914288.58</valUSD>
        <pctVal>0.2785000102</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>The Scotts Miracle-Gro Company</name>
        <lei>2TH9E0JTOUXOEGI2R879</lei>
        <title>SCOTTS MIRACLE-GRO CO/THE COMMON STOCK USD.01</title>
        <cusip>810186106</cusip>
        <identifiers>
          <isin value="US8101861065"/>
          <ticker value="SMG US"/>
        </identifiers>
        <balance>12531</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>853486.41</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seaboard Corporation</name>
        <lei>87Q3KOXT29OW9W9YPT70</lei>
        <title>SEABOARD CORP COMMON STOCK USD1.0</title>
        <cusip>811543107</cusip>
        <identifiers>
          <isin value="US8115431079"/>
          <ticker value="SEB US"/>
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        <balance>68</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>303574.44</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>
      <invstOrSec>
        <name>Selective Insurance Group Inc.</name>
        <lei>N/A</lei>
        <title>SELECTIVE INSURANCE GROUP INC COMMON STOCK USD2.0</title>
        <cusip>816300107</cusip>
        <identifiers>
          <isin value="US8163001071"/>
          <ticker value="SIGI US"/>
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        <balance>23181</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2248788.81</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>
      <invstOrSec>
        <name>Semtech Corporation</name>
        <lei>549300J7WUY317SW6O61</lei>
        <title>SEMTECH CORP COMMON STOCK USD.01</title>
        <cusip>816850101</cusip>
        <identifiers>
          <isin value="US8168501018"/>
          <ticker value="SMTC US"/>
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        <balance>21441</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3470225.85</valUSD>
        <pctVal>0.5048653294</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>Sensient Technologies Corporation</name>
        <lei>CMMZHMFZQG86EI7WZU92</lei>
        <title>SENSIENT TECHNOLOGIES CORP COMMON STOCK USD.1</title>
        <cusip>81725T100</cusip>
        <identifiers>
          <isin value="US81725T1007"/>
          <ticker value="SXT US"/>
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        <balance>12112</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1493288.48</valUSD>
        <pctVal>0.2172508686</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>SentinelOne Inc.</name>
        <lei>N/A</lei>
        <title>SENTINELONE INC COMMON STOCK USD.0001</title>
        <cusip>81730H109</cusip>
        <identifiers>
          <isin value="US81730H1095"/>
          <ticker value="S US"/>
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        <balance>89799</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1523889.03</valUSD>
        <pctVal>0.2217027854</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>ServiceTitan Inc.</name>
        <lei>N/A</lei>
        <title>SERVICETITAN INC COMMON STOCK USD.001</title>
        <cusip>81764X103</cusip>
        <identifiers>
          <isin value="US81764X1037"/>
          <ticker value="TTAN US"/>
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        <balance>13069</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>924108.99</valUSD>
        <pctVal>0.1344438690</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>ServisFirst Bancshares Inc.</name>
        <lei>N/A</lei>
        <title>SERVISFIRST BANCSHARES INC COMMON STOCK USD.001</title>
        <cusip>81768T108</cusip>
        <identifiers>
          <isin value="US81768T1088"/>
          <ticker value="SFBS US"/>
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        <balance>14370</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1246597.5</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>Shake Shack Inc.</name>
        <lei>N/A</lei>
        <title>SHAKE SHACK INC COMMON STOCK USD.01</title>
        <cusip>819047101</cusip>
        <identifiers>
          <isin value="US8190471016"/>
          <ticker value="SHAK US"/>
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        <balance>10717</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>600366.34</valUSD>
        <pctVal>0.0873442142</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>Silicon Laboratories Inc.</name>
        <lei>4PRDF8Q9TDHRVZKZSZ47</lei>
        <title>SILICON LABORATORIES INC COMMON STOCK USD.0001</title>
        <cusip>826919102</cusip>
        <identifiers>
          <isin value="US8269191024"/>
          <ticker value="SLAB US"/>
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        <balance>9061</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1980372.16</valUSD>
        <pctVal>0.2881141707</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>Silgan Holdings Inc.</name>
        <lei>KAF673KJXD92C8KSLU49</lei>
        <title>SILGAN HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>827048109</cusip>
        <identifiers>
          <isin value="US8270481091"/>
          <ticker value="SLGN US"/>
        </identifiers>
        <balance>35975</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1668880.25</valUSD>
        <pctVal>0.2427968131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="224215.500000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Simpson Manufacturing Co. Inc.</name>
        <lei>N/A</lei>
        <title>SIMPSON MANUFACTURING CO INC COMMON STOCK USD.01</title>
        <cusip>829073105</cusip>
        <identifiers>
          <isin value="US8290731053"/>
          <ticker value="SSD US"/>
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        <balance>11568</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2421760.8</valUSD>
        <pctVal>0.3523295361</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>SiteOne Landscape Supply Inc.</name>
        <lei>N/A</lei>
        <title>SITEONE LANDSCAPE SUPPLY INC COMMON STOCK USD.01</title>
        <cusip>82982L103</cusip>
        <identifiers>
          <isin value="US82982L1035"/>
          <ticker value="SITE US"/>
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        <balance>15887</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1817631.67</valUSD>
        <pctVal>0.2644378929</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>Sirius XM Holdings Inc.</name>
        <lei>N/A</lei>
        <title>SIRIUS XM HOLDINGS INC COMMON STOCK USD.001</title>
        <cusip>829933100</cusip>
        <identifiers>
          <isin value="US8299331004"/>
          <ticker value="SIRI US"/>
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        <balance>43759</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1292640.86</valUSD>
        <pctVal>0.1880596773</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>Champion Homes Inc.</name>
        <lei>N/A</lei>
        <title>CHAMPION HOMES INC COMMON STOCK USD.028</title>
        <cusip>830830105</cusip>
        <identifiers>
          <isin value="US8308301055"/>
          <ticker value="SKY US"/>
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        <balance>21918</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1931414.16</valUSD>
        <pctVal>0.2809915228</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>SkyWest Inc.</name>
        <lei>N/A</lei>
        <title>SKYWEST INC COMMON STOCK</title>
        <cusip>830879102</cusip>
        <identifiers>
          <isin value="US8308791024"/>
          <ticker value="SKYW US"/>
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        <balance>2919</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>289944.27</valUSD>
        <pctVal>0.0421825021</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>Solaris Energy Infrastructure Inc.</name>
        <lei>N/A</lei>
        <title>SOLARIS ENERGY INFRASTRUCTURE COMMON STOCK USD.01</title>
        <cusip>83418M103</cusip>
        <identifiers>
          <isin value="US83418M1036"/>
          <ticker value="SEI US"/>
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        <balance>12853</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1034152.38</valUSD>
        <pctVal>0.1504535164</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>Sonoco Products Company</name>
        <lei>GKOMIK4RDJGHEF0VNP11</lei>
        <title>SONOCO PRODUCTS CO COMMON STOCK</title>
        <cusip>835495102</cusip>
        <identifiers>
          <isin value="US8354951027"/>
          <ticker value="SON US"/>
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        <balance>39373</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2218668.55</valUSD>
        <pctVal>0.3227826881</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>Sotera Health Company</name>
        <lei>N/A</lei>
        <title>SOTERA HEALTH CO COMMON STOCK USD.01</title>
        <cusip>83601L102</cusip>
        <identifiers>
          <isin value="US83601L1026"/>
          <ticker value="SHC US"/>
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        <balance>60897</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1080921.75</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>
      <invstOrSec>
        <name>Southwest Gas Holdings Inc.</name>
        <lei>N/A</lei>
        <title>SOUTHWEST GAS HOLDINGS INC COMMON STOCK</title>
        <cusip>844895102</cusip>
        <identifiers>
          <isin value="US8448951025"/>
          <ticker value="SWX US"/>
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        <balance>23880</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2117678.4</valUSD>
        <pctVal>0.3080901501</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>Archrock Inc.</name>
        <lei>549300K3RIHMHDVFTL28</lei>
        <title>ARCHROCK INC COMMON STOCK USD.01</title>
        <cusip>03957W106</cusip>
        <identifiers>
          <isin value="US03957W1062"/>
          <ticker value="AROC US"/>
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        <balance>45623</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1857312.33</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>
      <invstOrSec>
        <name>Spire Inc.</name>
        <lei>549300NXSY15DRY2R511</lei>
        <title>SPIRE INC COMMON STOCK USD1.0</title>
        <cusip>84857L101</cusip>
        <identifiers>
          <isin value="US84857L1017"/>
          <ticker value="SR US"/>
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        <balance>15797</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1233587.73</valUSD>
        <pctVal>0.1794683408</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>STAG Industrial Inc.</name>
        <lei>549300QWYX2W6FASVQ07</lei>
        <title>STAG INDUSTRIAL INC REIT USD.01</title>
        <cusip>85254J102</cusip>
        <identifiers>
          <isin value="US85254J1025"/>
          <ticker value="STAG US"/>
        </identifiers>
        <balance>53815</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2048198.9</valUSD>
        <pctVal>0.2979819346</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>Arcosa Inc.</name>
        <lei>N/A</lei>
        <title>ARCOSA INC COMMON STOCK USD.01</title>
        <cusip>039653100</cusip>
        <identifiers>
          <isin value="US0396531008"/>
          <ticker value="ACA US"/>
        </identifiers>
        <balance>13118</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1905914.22</valUSD>
        <pctVal>0.2772816675</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>Argan Inc.</name>
        <lei>N/A</lei>
        <title>ARGAN INC COMMON STOCK USD.15</title>
        <cusip>04010E109</cusip>
        <identifiers>
          <isin value="US04010E1091"/>
          <ticker value="AGX US"/>
        </identifiers>
        <balance>3657</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2920297.35</valUSD>
        <pctVal>0.4248590574</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>Armstrong World Industries Inc.</name>
        <lei>KXMRXXOJ88Q45Y45MG74</lei>
        <title>ARMSTRONG WORLD INDUSTRIES INC COMMON STOCK USD.01</title>
        <cusip>04247X102</cusip>
        <identifiers>
          <isin value="US04247X1028"/>
          <ticker value="AWI US"/>
        </identifiers>
        <balance>14510</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2327694.2</valUSD>
        <pctVal>0.3386442698</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>Arrow Electronics Inc.</name>
        <lei>549300YNNLBXT8N8R512</lei>
        <title>ARROW ELECTRONICS INC COMMON STOCK USD1.0</title>
        <cusip>042735100</cusip>
        <identifiers>
          <isin value="US0427351004"/>
          <ticker value="ARW US"/>
        </identifiers>
        <balance>18915</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4036650.15</valUSD>
        <pctVal>0.5872714906</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>Artisan Partners Asset Management Inc.</name>
        <lei>N/A</lei>
        <title>ARTISAN PARTNERS ASSET MANAGEM COMMON STOCK USD.01</title>
        <cusip>04316A108</cusip>
        <identifiers>
          <isin value="US04316A1088"/>
          <ticker value="APAM US"/>
        </identifiers>
        <balance>19097</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>659419.41</valUSD>
        <pctVal>0.0959355420</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>Asbury Automotive Group Inc.</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>ASBURY AUTOMOTIVE GROUP INC COMMON STOCK USD.01</title>
        <cusip>043436104</cusip>
        <identifiers>
          <isin value="US0434361046"/>
          <ticker value="ABG US"/>
        </identifiers>
        <balance>7554</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1518958.32</valUSD>
        <pctVal>0.2209854418</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>StepStone Group Inc.</name>
        <lei>N/A</lei>
        <title>STEPSTONE GROUP INC COMMON STOCK USD.001</title>
        <cusip>85914M107</cusip>
        <identifiers>
          <isin value="US85914M1071"/>
          <ticker value="STEP US"/>
        </identifiers>
        <balance>18715</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>774052.4</valUSD>
        <pctVal>0.1126129067</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>StoneX Group Inc.</name>
        <lei>549300JUF07L8VF02M60</lei>
        <title>STONEX GROUP INC COMMON STOCK USD.01</title>
        <cusip>861896108</cusip>
        <identifiers>
          <isin value="US8618961085"/>
          <ticker value="SNEX US"/>
        </identifiers>
        <balance>19333</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2290960.5</valUSD>
        <pctVal>0.3333000725</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>Associated Banc-Corp</name>
        <lei>549300N3CIN473IW5094</lei>
        <title>ASSOCIATED BANC-CORP COMMON STOCK USD.01</title>
        <cusip>045487105</cusip>
        <identifiers>
          <isin value="US0454871056"/>
          <ticker value="ASB US"/>
        </identifiers>
        <balance>45119</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1388311.63</valUSD>
        <pctVal>0.2019783261</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>Atlantic Union Bankshares Corporation</name>
        <lei>N/A</lei>
        <title>ATLANTIC UNION BANKSHARES CORP COMMON STOCK USD1.33</title>
        <cusip>04911A107</cusip>
        <identifiers>
          <isin value="US04911A1079"/>
          <ticker value="AUB US"/>
        </identifiers>
        <balance>38173</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1615099.63</valUSD>
        <pctVal>0.2349725470</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>Stride Inc.</name>
        <lei>N/A</lei>
        <title>STRIDE INC COMMON STOCK USD.0001</title>
        <cusip>86333M108</cusip>
        <identifiers>
          <isin value="US86333M1080"/>
          <ticker value="LRN US"/>
        </identifiers>
        <balance>10170</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>877060.8</valUSD>
        <pctVal>0.1275990696</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>Sunrun Inc.</name>
        <lei>54930007SJ77CI66U531</lei>
        <title>SUNRUN INC COMMON STOCK USD.0001</title>
        <cusip>86771W105</cusip>
        <identifiers>
          <isin value="US86771W1053"/>
          <ticker value="RUN US"/>
        </identifiers>
        <balance>42483</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>568422.54</valUSD>
        <pctVal>0.0826968749</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>TFS Financial Corporation</name>
        <lei>N/A</lei>
        <title>TFS FINANCIAL CORP COMMON STOCK USD.01</title>
        <cusip>87240R107</cusip>
        <identifiers>
          <isin value="US87240R1077"/>
          <ticker value="TFSL US"/>
        </identifiers>
        <balance>22140</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>392320.8</valUSD>
        <pctVal>0.0570767375</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>Tanger Inc.</name>
        <lei>UKEW8YSXE4Y581KYOL30</lei>
        <title>TANGER INC REIT USD.01</title>
        <cusip>875465106</cusip>
        <identifiers>
          <isin value="US8754651060"/>
          <ticker value="SKT US"/>
        </identifiers>
        <balance>30686</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1211176.42</valUSD>
        <pctVal>0.1762078345</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>United Community Banks Inc.</name>
        <lei>549300GVW0FV66X3U703</lei>
        <title>UNITED COMMUNITY BANKS INC/GA COMMON STOCK USD1.0</title>
        <cusip>90984P303</cusip>
        <identifiers>
          <isin value="US90984P3038"/>
          <ticker value="UCB US"/>
        </identifiers>
        <balance>32921</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1155197.89</valUSD>
        <pctVal>0.1680638058</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>United Bankshares Inc.</name>
        <lei>N/A</lei>
        <title>UNITED BANKSHARES INC/WV COMMON STOCK USD2.5</title>
        <cusip>909907107</cusip>
        <identifiers>
          <isin value="US9099071071"/>
          <ticker value="UBSI US"/>
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        <balance>51692</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2369044.36</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>Array Digital Infrastructure Inc.</name>
        <lei>N/A</lei>
        <title>ARRAY DIGITAL INFRASTRUCTURE I COMMON STOCK USD1.0</title>
        <cusip>911684108</cusip>
        <identifiers>
          <isin value="US9116841084"/>
          <ticker value="AD US"/>
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        <balance>4263</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>154576.38</valUSD>
        <pctVal>0.0224885233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United States Lime and Minerals Inc.</name>
        <lei>549300VGDEEG8RT7VC89</lei>
        <title>UNITED STATES LIME and MINERALS COMMON STOCK USD.1</title>
        <cusip>911922102</cusip>
        <identifiers>
          <isin value="US9119221029"/>
          <ticker value="USLM US"/>
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        <balance>2686</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>281143.62</valUSD>
        <pctVal>0.0409021408</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Unity Software Inc.</name>
        <lei>N/A</lei>
        <title>UNITY SOFTWARE INC COMMON STOCK USD.000005</title>
        <cusip>91332U101</cusip>
        <identifiers>
          <isin value="US91332U1016"/>
          <ticker value="U US"/>
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        <balance>77519</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2215493.02</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>
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      <invstOrSec>
        <name>Universal Display Corporation</name>
        <lei>N/A</lei>
        <title>UNIVERSAL DISPLAY CORP COMMON STOCK USD.01</title>
        <cusip>91347P105</cusip>
        <identifiers>
          <isin value="US91347P1057"/>
          <ticker value="OLED US"/>
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        <balance>12042</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1042716.78</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>
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      <invstOrSec>
        <name>Uranium Energy Corp.</name>
        <lei>N/A</lei>
        <title>URANIUM ENERGY CORP COMMON STOCK USD.001</title>
        <cusip>916896103</cusip>
        <identifiers>
          <isin value="US9168961038"/>
          <ticker value="UEC US"/>
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        <balance>132643</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1413974.38</valUSD>
        <pctVal>0.2057118677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Urban Outfitters Inc.</name>
        <lei>549300N3DUFR5U6NRN38</lei>
        <title>URBAN OUTFITTERS INC COMMON STOCK USD.0001</title>
        <cusip>917047102</cusip>
        <identifiers>
          <isin value="US9170471026"/>
          <ticker value="URBN US"/>
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        <balance>17590</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1246427.4</valUSD>
        <pctVal>0.1813363185</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>V.F. Corporation</name>
        <lei>CWAJJ9DJ5Z7P057HV541</lei>
        <title>VF CORP COMMON STOCK</title>
        <cusip>918204108</cusip>
        <identifiers>
          <isin value="US9182041080"/>
          <ticker value="VFC US"/>
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        <balance>106231</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1771933.08</valUSD>
        <pctVal>0.2577894399</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>UWM Holdings Corporation</name>
        <lei>N/A</lei>
        <title>UWM HOLDINGS CORP COMMON STOCK USD.0001</title>
        <cusip>91823B109</cusip>
        <identifiers>
          <isin value="US91823B1098"/>
          <ticker value="UWMC US"/>
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        <balance>59803</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>136948.87</valUSD>
        <pctVal>0.0199239875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="117549.960000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>VSE Corporation</name>
        <lei>549300QWJYQDH4U5XI15</lei>
        <title>VSE CORP COMMON STOCK USD.05</title>
        <cusip>918284100</cusip>
        <identifiers>
          <isin value="US9182841000"/>
          <ticker value="VSEC US"/>
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        <balance>7189</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1642686.5</valUSD>
        <pctVal>0.2389860190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vail Resorts Inc.</name>
        <lei>N/A</lei>
        <title>VAIL RESORTS INC COMMON STOCK USD.01</title>
        <cusip>91879Q109</cusip>
        <identifiers>
          <isin value="US91879Q1094"/>
          <ticker value="MTN US"/>
        </identifiers>
        <balance>13292</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1809705.8</valUSD>
        <pctVal>0.2632847988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1424230.500000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Valley National Bancorp</name>
        <lei>549300ET52S1UBIB9762</lei>
        <title>VALLEY NATIONAL BANCORP COMMON STOCK</title>
        <cusip>919794107</cusip>
        <identifiers>
          <isin value="US9197941076"/>
          <ticker value="VLY US"/>
        </identifiers>
        <balance>132707</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1944157.55</valUSD>
        <pctVal>0.2828454931</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>Valvoline Inc.</name>
        <lei>549300CMHPBEY6VPOT75</lei>
        <title>VALVOLINE INC COMMON STOCK USD.01</title>
        <cusip>92047W101</cusip>
        <identifiers>
          <isin value="US92047W1018"/>
          <ticker value="VVV US"/>
        </identifiers>
        <balance>48956</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1935720.24</valUSD>
        <pctVal>0.2816179923</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>Versant Media Group Inc.</name>
        <lei>N/A</lei>
        <title>VERSANT MEDIA GROUP INC COMMON STOCK USD.01</title>
        <cusip>925283103</cusip>
        <identifiers>
          <isin value="US9252831030"/>
          <ticker value="VSNT US"/>
        </identifiers>
        <balance>34193</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1231289.93</valUSD>
        <pctVal>0.1791340457</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>Viasat Inc.</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
        <title>VIASAT INC COMMON STOCK USD.0001</title>
        <cusip>92552V100</cusip>
        <identifiers>
          <isin value="US92552V1008"/>
          <ticker value="VSAT US"/>
        </identifiers>
        <balance>34226</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3073837.06</valUSD>
        <pctVal>0.4471967609</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>Viavi Solutions Inc.</name>
        <lei>N/A</lei>
        <title>VIAVI SOLUTIONS INC COMMON STOCK USD.001</title>
        <cusip>925550105</cusip>
        <identifiers>
          <isin value="US9255501051"/>
          <ticker value="VIAV US"/>
        </identifiers>
        <balance>49766</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2376326.5</valUSD>
        <pctVal>0.3457195333</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>Victoria's Secret and Co.</name>
        <lei>N/A</lei>
        <title>VICTORIA'S SECRET and CO COMMON STOCK USD.01</title>
        <cusip>926400102</cusip>
        <identifiers>
          <isin value="US9264001028"/>
          <ticker value="VSXY US"/>
        </identifiers>
        <balance>19466</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1625021.68</valUSD>
        <pctVal>0.2364160551</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>JH COLLATERAL</name>
        <lei>N/A</lei>
        <title>JH COLLATERAL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="926EMC902"/>
        </identifiers>
        <balance>280713.33</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2806964.88</valUSD>
        <pctVal>0.4083708986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="2806964.880000000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gates Industrial Corporation PLC</name>
        <lei>N/A</lei>
        <title>GATES INDUSTRIAL CORP PLC COMMON STOCK USD.01</title>
        <cusip>G39108108</cusip>
        <identifiers>
          <isin value="GB00BD9G2S12"/>
          <ticker value="GTES US"/>
        </identifiers>
        <balance>72566</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2029671.02</valUSD>
        <pctVal>0.2952864085</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>Atmus Filtration Technologies Inc.</name>
        <lei>N/A</lei>
        <title>ATMUS FILTRATION TECHNOLOGIES COMMON STOCK</title>
        <cusip>04956D107</cusip>
        <identifiers>
          <isin value="US04956D1072"/>
          <ticker value="ATMU US"/>
        </identifiers>
        <balance>23273</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1186690.27</valUSD>
        <pctVal>0.1726454703</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>AutoNation Inc.</name>
        <lei>N/A</lei>
        <title>AUTONATION INC COMMON STOCK USD.01</title>
        <cusip>05329W102</cusip>
        <identifiers>
          <isin value="US05329W1027"/>
          <ticker value="AN US"/>
        </identifiers>
        <balance>11697</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2173185.63</valUSD>
        <pctVal>0.3161656118</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>Genpact Limited</name>
        <lei>N/A</lei>
        <title>GENPACT LTD COMMON STOCK USD.01</title>
        <cusip>G3922B107</cusip>
        <identifiers>
          <isin value="BMG3922B1072"/>
          <ticker value="G US"/>
        </identifiers>
        <balance>41188</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1132670</valUSD>
        <pctVal>0.1647863388</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>Janus Henderson Group plc</name>
        <lei>N/A</lei>
        <title>JANUS HENDERSON GROUP PLC COMMON STOCK USD1.5</title>
        <cusip>G4474Y214</cusip>
        <identifiers>
          <isin value="JE00BYPZJM29"/>
          <ticker value="JHG US"/>
        </identifiers>
        <balance>46329</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2406791.55</valUSD>
        <pctVal>0.3501517369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avient Corporation</name>
        <lei>SM8L9RZYIB34LNTWO040</lei>
        <title>AVIENT CORP COMMON STOCK USD.01</title>
        <cusip>05368V106</cusip>
        <identifiers>
          <isin value="US05368V1061"/>
          <ticker value="AVNT US"/>
        </identifiers>
        <balance>26183</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>967723.68</valUSD>
        <pctVal>0.1407891462</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>Avis Budget Group Inc.</name>
        <lei>N/A</lei>
        <title>AVIS BUDGET GROUP INC COMMON STOCK USD.01</title>
        <cusip>053774105</cusip>
        <identifiers>
          <isin value="US0537741052"/>
          <ticker value="CAR US"/>
        </identifiers>
        <balance>4416</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>652817.28</valUSD>
        <pctVal>0.0949750320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="663962.120000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avista Corporation</name>
        <lei>Q0IK63NITJD6RJ47SW96</lei>
        <title>AVISTA CORP COMMON STOCK</title>
        <cusip>05379B107</cusip>
        <identifiers>
          <isin value="US05379B1070"/>
          <ticker value="AVA US"/>
        </identifiers>
        <balance>23034</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>942320.94</valUSD>
        <pctVal>0.1370934320</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>Avnet Inc.</name>
        <lei>XJI53DCPL7QABOWK4Z75</lei>
        <title>AVNET INC COMMON STOCK USD1.0</title>
        <cusip>053807103</cusip>
        <identifiers>
          <isin value="US0538071038"/>
          <ticker value="AVT US"/>
        </identifiers>
        <balance>33177</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2946781.14</valUSD>
        <pctVal>0.4287120479</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>LivaNova PLC</name>
        <lei>N/A</lei>
        <title>LIVANOVA PLC COMMON STOCK GBP1.0</title>
        <cusip>G5509L101</cusip>
        <identifiers>
          <isin value="GB00BYMT0J19"/>
          <ticker value="LIVN US"/>
        </identifiers>
        <balance>14955</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1229749.65</valUSD>
        <pctVal>0.1789099583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liberty Global Ltd.</name>
        <lei>N/A</lei>
        <title>LIBERTY GLOBAL LTD COMMON STOCK USD.01</title>
        <cusip>G61188101</cusip>
        <identifiers>
          <isin value="BMG611881019"/>
          <ticker value="LBTYA US"/>
        </identifiers>
        <balance>63521</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>722233.77</valUSD>
        <pctVal>0.1050740805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liberty Global Ltd.</name>
        <lei>N/A</lei>
        <title>LIBERTY GLOBAL LTD COMMON STOCK USD.01</title>
        <cusip>G61188127</cusip>
        <identifiers>
          <isin value="BMG611881274"/>
          <ticker value="LBTYK US"/>
        </identifiers>
        <balance>59007</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>649077</valUSD>
        <pctVal>0.0944308779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NIQ Global Intelligence plc</name>
        <lei>N/A</lei>
        <title>NIQ GLOBAL INTELLIGENCE PLC COMMON STOCK USD.01</title>
        <cusip>G63755105</cusip>
        <identifiers>
          <isin value="IE000JMT8VI3"/>
          <ticker value="NIQ US"/>
        </identifiers>
        <balance>22189</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>207467.15</valUSD>
        <pctVal>0.0301833297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="172677.670000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Axos Financial Inc.</name>
        <lei>N/A</lei>
        <title>AXOS FINANCIAL INC COMMON STOCK USD.01</title>
        <cusip>05465C100</cusip>
        <identifiers>
          <isin value="US05465C1009"/>
          <ticker value="AX US"/>
        </identifiers>
        <balance>14552</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1417219.28</valUSD>
        <pctVal>0.2061839516</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>BOK Financial Corporation</name>
        <lei>GRI2NT5QHYW751NMR949</lei>
        <title>BOK FINANCIAL CORP COMMON STOCK USD.00006</title>
        <cusip>05561Q201</cusip>
        <identifiers>
          <isin value="US05561Q2012"/>
          <ticker value="BOKF US"/>
        </identifiers>
        <balance>8092</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1123816.96</valUSD>
        <pctVal>0.1634983555</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>Noble Corporation plc</name>
        <lei>N/A</lei>
        <title>NOBLE CORP PLC COMMON STOCK USD.00001</title>
        <cusip>G65431127</cusip>
        <identifiers>
          <isin value="GB00BMXNWH07"/>
          <ticker value="NE US"/>
        </identifiers>
        <balance>49504</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1846499.2</valUSD>
        <pctVal>0.2686376816</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>Sensata Technologies Holding plc</name>
        <lei>N/A</lei>
        <title>SENSATA TECHNOLOGIES HOLDING P COMMON STOCK EUR.01</title>
        <cusip>G8060N102</cusip>
        <identifiers>
          <isin value="GB00BFMBMT84"/>
          <ticker value="ST US"/>
        </identifiers>
        <balance>59666</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2848454.84</valUSD>
        <pctVal>0.4144070597</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>Signet Jewelers Limited</name>
        <lei>N/A</lei>
        <title>SIGNET JEWELERS LTD COMMON STOCK USD.18</title>
        <cusip>G81276100</cusip>
        <identifiers>
          <isin value="BMG812761002"/>
          <ticker value="SIG US"/>
        </identifiers>
        <balance>10107</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>871223.4</valUSD>
        <pctVal>0.1267498162</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>Valaris Limited</name>
        <lei>N/A</lei>
        <title>VALARIS LTD COMMON STOCK USD.01</title>
        <cusip>G9460G101</cusip>
        <identifiers>
          <isin value="BMG9460G1015"/>
          <ticker value="VAL US"/>
        </identifiers>
        <balance>16147</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1172272.2</valUSD>
        <pctVal>0.1705478594</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>The Baldwin Insurance Group Inc.</name>
        <lei>N/A</lei>
        <title>BALDWIN INSURANCE GROUP INC/TH COMMON STOCK</title>
        <cusip>05589G102</cusip>
        <identifiers>
          <isin value="US05589G1022"/>
          <ticker value="BWIN US"/>
        </identifiers>
        <balance>29491</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>783870.78</valUSD>
        <pctVal>0.1140413324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="552088.320000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BKV Corporation</name>
        <lei>N/A</lei>
        <title>BKV CORP COMMON STOCK USD.01</title>
        <cusip>05603J108</cusip>
        <identifiers>
          <isin value="US05603J1088"/>
          <ticker value="BKV US"/>
        </identifiers>
        <balance>4575</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>125172</valUSD>
        <pctVal>0.0182106312</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>CNX Resources Corporation</name>
        <lei>549300JK3KH8PWM3B226</lei>
        <title>CNX RESOURCES CORP COMMON STOCK USD.01</title>
        <cusip>12653C108</cusip>
        <identifiers>
          <isin value="US12653C1080"/>
          <ticker value="CNX US"/>
        </identifiers>
        <balance>37069</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1257751.17</valUSD>
        <pctVal>0.1829837556</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>Cabot Corporation</name>
        <lei>K05C0SER542GQ6VLRO68</lei>
        <title>CABOT CORP COMMON STOCK USD1.0</title>
        <cusip>127055101</cusip>
        <identifiers>
          <isin value="US1270551013"/>
          <ticker value="CBT US"/>
        </identifiers>
        <balance>21029</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1909853.78</valUSD>
        <pctVal>0.2778548139</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>Alkermes Public Limited Company</name>
        <lei>549300YHRMYLL071E243</lei>
        <title>ALKERMES PLC COMMON STOCK USD.01</title>
        <cusip>G01767105</cusip>
        <identifiers>
          <isin value="IE00B56GVS15"/>
          <ticker value="ALKS US"/>
        </identifiers>
        <balance>46843</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2454338.99</valUSD>
        <pctVal>0.3570691696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Copa Holdings S.A.</name>
        <lei>N/A</lei>
        <title>COPA HOLDINGS SA COMMON STOCK</title>
        <cusip>P31076105</cusip>
        <identifiers>
          <isin value="PAP310761054"/>
          <ticker value="CPA US"/>
        </identifiers>
        <balance>9005</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1400907.85</valUSD>
        <pctVal>0.2038108854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Acushnet Holdings Corp.</name>
        <lei>N/A</lei>
        <title>ACUSHNET HOLDINGS CORP COMMON STOCK USD.001</title>
        <cusip>005098108</cusip>
        <identifiers>
          <isin value="US0050981085"/>
          <ticker value="GOLF US"/>
        </identifiers>
        <balance>7808</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>925482.24</valUSD>
        <pctVal>0.1346436561</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>CRISPR Therapeutics AG</name>
        <lei>N/A</lei>
        <title>CRISPR THERAPEUTICS AG COMMON STOCK CHF.03</title>
        <cusip>H17182108</cusip>
        <identifiers>
          <isin value="CH0334081137"/>
          <ticker value="CRSP US"/>
        </identifiers>
        <balance>26362</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1437783.48</valUSD>
        <pctVal>0.2091757314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Covista Inc.</name>
        <lei>549300Z467EZLMODV621</lei>
        <title>COVISTA INC COMMON STOCK USD.01</title>
        <cusip>00737L103</cusip>
        <identifiers>
          <isin value="US00737L1035"/>
          <ticker value="CVSA US"/>
        </identifiers>
        <balance>8927</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1112839.82</valUSD>
        <pctVal>0.1619013478</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>Advance Auto Parts Inc.</name>
        <lei>N/A</lei>
        <title>ADVANCE AUTO PARTS INC COMMON STOCK USD.0001</title>
        <cusip>00751Y106</cusip>
        <identifiers>
          <isin value="US00751Y1064"/>
          <ticker value="AAP US"/>
        </identifiers>
        <balance>16197</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1007777.34</valUSD>
        <pctVal>0.1466163474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="124.360000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cactus Inc.</name>
        <lei>N/A</lei>
        <title>CACTUS INC COMMON STOCK USD.01</title>
        <cusip>127203107</cusip>
        <identifiers>
          <isin value="US1272031071"/>
          <ticker value="WHD US"/>
        </identifiers>
        <balance>20595</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1055081.85</valUSD>
        <pctVal>0.1534984375</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>Caesars Entertainment Inc.</name>
        <lei>N/A</lei>
        <title>CAESARS ENTERTAINMENT INC COMMON STOCK</title>
        <cusip>12769G100</cusip>
        <identifiers>
          <isin value="US12769G1004"/>
          <ticker value="CZR US"/>
        </identifiers>
        <balance>54363</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1640675.34</valUSD>
        <pctVal>0.2386934257</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>International Seaways Inc.</name>
        <lei>549300YUFDGFRNGBWF46</lei>
        <title>INTERNATIONAL SEAWAYS INC COMMON STOCK</title>
        <cusip>Y41053102</cusip>
        <identifiers>
          <isin value="MHY410531021"/>
          <ticker value="INSW US"/>
        </identifiers>
        <balance>11704</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>896409.36</valUSD>
        <pctVal>0.1304139922</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>Scorpio Tankers Inc.</name>
        <lei>549300NVJUH16NXG8K87</lei>
        <title>SCORPIO TANKERS INC COMMON STOCK USD.01</title>
        <cusip>Y7542C130</cusip>
        <identifiers>
          <isin value="MHY7542C1306"/>
          <ticker value="STNG US"/>
        </identifiers>
        <balance>10879</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>753479.54</valUSD>
        <pctVal>0.1096198670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MC</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Affiliated Managers Group Inc.</name>
        <lei>2JE75BUE3T1BLCYYGK54</lei>
        <title>AFFILIATED MANAGERS GROUP INC COMMON STOCK USD.01</title>
        <cusip>008252108</cusip>
        <identifiers>
          <isin value="US0082521081"/>
          <ticker value="AMG US"/>
        </identifiers>
        <balance>9254</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3131553.6</valUSD>
        <pctVal>0.4555936438</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>CONTRA AKERO THERAPEUT COMMON STOCK</name>
        <lei>N/A</lei>
        <title>CONTRA AKERO THERAPEUT COMMON STOCK</title>
        <cusip>009CVR044</cusip>
        <identifiers>
          <isin value="US009CVR0445"/>
          <other otherDesc="Custodian Identifier" value="009CVR044"/>
        </identifiers>
        <balance>20514</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13334.1</valUSD>
        <pctVal>0.0019399097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cal-Maine Foods Inc.</name>
        <lei>549300NHE5WMIEIEMF53</lei>
        <title>CAL-MAINE FOODS INC COMMON STOCK USD.01</title>
        <cusip>128030202</cusip>
        <identifiers>
          <isin value="US1280302027"/>
          <ticker value="CALM US"/>
        </identifiers>
        <balance>11671</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>940215.76</valUSD>
        <pctVal>0.1367871602</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>California Resources Corporation</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>CALIFORNIA RESOURCES CORP COMMON STOCK USD.01</title>
        <cusip>13057Q305</cusip>
        <identifiers>
          <isin value="US13057Q3056"/>
          <ticker value="CRC US"/>
        </identifiers>
        <balance>20687</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1093721.69</valUSD>
        <pctVal>0.1591199493</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>Calix Inc.</name>
        <lei>N/A</lei>
        <title>CALIX INC COMMON STOCK</title>
        <cusip>13100M509</cusip>
        <identifiers>
          <isin value="US13100M5094"/>
          <ticker value="CALX US"/>
        </identifiers>
        <balance>15520</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>579206.4</valUSD>
        <pctVal>0.0842657633</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>CarGurus Inc.</name>
        <lei>N/A</lei>
        <title>CARGURUS INC COMMON STOCK USD.001</title>
        <cusip>141788109</cusip>
        <identifiers>
          <isin value="US1417881091"/>
          <ticker value="CARG US"/>
        </identifiers>
        <balance>18909</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>644607.81</valUSD>
        <pctVal>0.0937806784</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>Alaska Air Group Inc.</name>
        <lei>N/A</lei>
        <title>ALASKA AIR GROUP INC COMMON STOCK USD.01</title>
        <cusip>011659109</cusip>
        <identifiers>
          <isin value="US0116591092"/>
          <ticker value="ALK US"/>
        </identifiers>
        <balance>7832</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>408830.4</valUSD>
        <pctVal>0.0594786344</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>Alignment Healthcare Inc.</name>
        <lei>N/A</lei>
        <title>ALIGNMENT HEALTHCARE INC COMMON STOCK USD.001</title>
        <cusip>01625V104</cusip>
        <identifiers>
          <isin value="US01625V1044"/>
          <ticker value="ALHC US"/>
        </identifiers>
        <balance>40955</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>975138.55</valUSD>
        <pctVal>0.1418678975</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>Caris Life Sciences Inc.</name>
        <lei>N/A</lei>
        <title>CARIS LIFE SCIENCES INC COMMON STOCK USD.001</title>
        <cusip>142152107</cusip>
        <identifiers>
          <isin value="US1421521071"/>
          <ticker value="CAI US"/>
        </identifiers>
        <balance>24671</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>439637.22</valUSD>
        <pctVal>0.0639605603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="411532.500000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Casella Waste Systems Inc.</name>
        <lei>8EU0XUFVJ48U37IIDH51</lei>
        <title>CASELLA WASTE SYSTEMS INC COMMON STOCK USD.01</title>
        <cusip>147448104</cusip>
        <identifiers>
          <isin value="US1474481041"/>
          <ticker value="CWST US"/>
        </identifiers>
        <balance>22897</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2220322.09</valUSD>
        <pctVal>0.3230232532</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>Bread Financial Holdings Inc.</name>
        <lei>549300G8S4PO686J7H97</lei>
        <title>BREAD FINANCIAL HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>018581108</cusip>
        <identifiers>
          <isin value="US0185811082"/>
          <ticker value="BFH US"/>
        </identifiers>
        <balance>7447</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>806882.45</valUSD>
        <pctVal>0.1173891820</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>Alliance Laundry Holdings Inc.</name>
        <lei>N/A</lei>
        <title>ALLIANCE LAUNDRY HOLDINGS INC COMMON STOCK</title>
        <cusip>01862Q107</cusip>
        <identifiers>
          <isin value="US01862Q1076"/>
          <ticker value="ALH US"/>
        </identifiers>
        <balance>9025</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>239343</valUSD>
        <pctVal>0.0348207834</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>Cathay General Bancorp</name>
        <lei>549300K1SLJ8C97H5L68</lei>
        <title>CATHAY GENERAL BANCORP COMMON STOCK USD.01</title>
        <cusip>149150104</cusip>
        <identifiers>
          <isin value="US1491501045"/>
          <ticker value="CATY US"/>
        </identifiers>
        <balance>17705</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1097532.95</valUSD>
        <pctVal>0.1596744299</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>Cavco Industries Inc.</name>
        <lei>N/A</lei>
        <title>CAVCO INDUSTRIES INC COMMON STOCK USD.01</title>
        <cusip>149568107</cusip>
        <identifiers>
          <isin value="US1495681074"/>
          <ticker value="CVCO US"/>
        </identifiers>
        <balance>2183</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1341191.54</valUSD>
        <pctVal>0.1951230663</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>Celanese Corporation</name>
        <lei>549300FHJQTDPPN41627</lei>
        <title>CELANESE CORP COMMON STOCK USD.0001</title>
        <cusip>150870103</cusip>
        <identifiers>
          <isin value="US1508701034"/>
          <ticker value="CE US"/>
        </identifiers>
        <balance>25974</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1194804</valUSD>
        <pctVal>0.1738258952</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>Century Aluminum Company</name>
        <lei>549300U5ODNGEYWKSW73</lei>
        <title>CENTURY ALUMINUM CO COMMON STOCK USD.01</title>
        <cusip>156431108</cusip>
        <identifiers>
          <isin value="US1564311082"/>
          <ticker value="CENX US"/>
        </identifiers>
        <balance>14081</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>647866.81</valUSD>
        <pctVal>0.0942548135</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>Kinetik Holdings Inc.</name>
        <lei>N/A</lei>
        <title>KINETIK HOLDINGS INC COMMON STOCK USD.0001</title>
        <cusip>02215L209</cusip>
        <identifiers>
          <isin value="US02215L2097"/>
          <ticker value="KNTK US"/>
        </identifiers>
        <balance>12056</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>582787.04</valUSD>
        <pctVal>0.0847866922</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>Amentum Holdings Inc.</name>
        <lei>N/A</lei>
        <title>AMENTUM HOLDINGS INC COMMON STOCK</title>
        <cusip>023939101</cusip>
        <identifiers>
          <isin value="US0239391016"/>
          <ticker value="AMTM US"/>
        </identifiers>
        <balance>39499</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>816444.33</valUSD>
        <pctVal>0.1187802908</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>Centrus Energy Corp.</name>
        <lei>N/A</lei>
        <title>CENTRUS ENERGY CORP COMMON STOCK USD.1</title>
        <cusip>15643U104</cusip>
        <identifiers>
          <isin value="US15643U1043"/>
          <ticker value="LEU US"/>
        </identifiers>
        <balance>4896</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>821891.52</valUSD>
        <pctVal>0.1195727745</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>The Cheesecake Factory Incorporated</name>
        <lei>N/A</lei>
        <title>CHEESECAKE FACTORY INC/THE COMMON STOCK USD.01</title>
        <cusip>163072101</cusip>
        <identifiers>
          <isin value="US1630721017"/>
          <ticker value="CAKE US"/>
        </identifiers>
        <balance>12435</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>989079.9</valUSD>
        <pctVal>0.1438961529</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>American Eagle Outfitters Inc.</name>
        <lei>N/A</lei>
        <title>AMERICAN EAGLE OUTFITTERS INC COMMON STOCK USD.01</title>
        <cusip>02553E106</cusip>
        <identifiers>
          <isin value="US02553E1064"/>
          <ticker value="AEO US"/>
        </identifiers>
        <balance>41376</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>711667.2</valUSD>
        <pctVal>0.1035368045</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>American States Water Company</name>
        <lei>N/A</lei>
        <title>AMERICAN STATES WATER CO COMMON STOCK</title>
        <cusip>029899101</cusip>
        <identifiers>
          <isin value="US0298991011"/>
          <ticker value="AWR US"/>
        </identifiers>
        <balance>7858</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>649306.54</valUSD>
        <pctVal>0.0944642725</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>Chemed Corporation</name>
        <lei>54930020031IDJT2IM79</lei>
        <title>CHEMED CORP COMMON STOCK USD1.0</title>
        <cusip>16359R103</cusip>
        <identifiers>
          <isin value="US16359R1032"/>
          <ticker value="CHE US"/>
        </identifiers>
        <balance>3563</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1659431.62</valUSD>
        <pctVal>0.2414221805</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>Chesapeake Utilities Corporation</name>
        <lei>N/A</lei>
        <title>CHESAPEAKE UTILITIES CORP COMMON STOCK USD.4867</title>
        <cusip>165303108</cusip>
        <identifiers>
          <isin value="US1653031088"/>
          <ticker value="CPK US"/>
        </identifiers>
        <balance>6387</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>782279.76</valUSD>
        <pctVal>0.1138098630</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>Churchill Downs Incorporated</name>
        <lei>N/A</lei>
        <title>CHURCHILL DOWNS INC COMMON STOCK</title>
        <cusip>171484108</cusip>
        <identifiers>
          <isin value="US1714841087"/>
          <ticker value="CHDN US"/>
        </identifiers>
        <balance>16196</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1451809.44</valUSD>
        <pctVal>0.2112162962</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>Americold Realty Trust Inc.</name>
        <lei>N/A</lei>
        <title>AMERICOLD REALTY TRUST INC REIT USD.01</title>
        <cusip>03064D108</cusip>
        <identifiers>
          <isin value="US03064D1081"/>
          <ticker value="COLD US"/>
        </identifiers>
        <balance>83713</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1315968.36</valUSD>
        <pctVal>0.1914534754</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>Ameris Bancorp</name>
        <lei>PBJHNT51T5V6G5UQFV42</lei>
        <title>AMERIS BANCORP COMMON STOCK USD1.0</title>
        <cusip>03076K108</cusip>
        <identifiers>
          <isin value="US03076K1088"/>
          <ticker value="ABCB US"/>
        </identifiers>
        <balance>17499</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1579459.74</valUSD>
        <pctVal>0.2297874825</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>Amneal Pharmaceuticals Inc.</name>
        <lei>N/A</lei>
        <title>AMNEAL PHARMACEUTICALS INC COMMON STOCK USD.01</title>
        <cusip>03168L105</cusip>
        <identifiers>
          <isin value="US03168L1052"/>
          <ticker value="AMRX US"/>
        </identifiers>
        <balance>46425</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>803616.75</valUSD>
        <pctVal>0.1169140721</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>AppFolio Inc.</name>
        <lei>N/A</lei>
        <title>APPFOLIO INC COMMON STOCK USD.0001</title>
        <cusip>03783C100</cusip>
        <identifiers>
          <isin value="US03783C1009"/>
          <ticker value="APPF US"/>
        </identifiers>
        <balance>5263</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>843922.05</valUSD>
        <pctVal>0.1227778831</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>The Hanover Insurance Group Inc.</name>
        <lei>JJYR6MFKFF6CF8DBZ078</lei>
        <title>HANOVER INSURANCE GROUP INC/TH COMMON STOCK USD.01</title>
        <cusip>410867105</cusip>
        <identifiers>
          <isin value="US4108671052"/>
          <ticker value="THG US"/>
        </identifiers>
        <balance>11819</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2530684.28</valUSD>
        <pctVal>0.3681762536</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>Archer Aviation Inc.</name>
        <lei>N/A</lei>
        <title>ARCHER AVIATION INC COMMON STOCK USD.0001</title>
        <cusip>03945R102</cusip>
        <identifiers>
          <isin value="US03945R1023"/>
          <ticker value="ACHR US"/>
        </identifiers>
        <balance>134212</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>634822.76</valUSD>
        <pctVal>0.0923571017</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>Badger Meter Inc.</name>
        <lei>5493002JENE20OGTUG20</lei>
        <title>BADGER METER INC COMMON STOCK USD1.0</title>
        <cusip>056525108</cusip>
        <identifiers>
          <isin value="US0565251081"/>
          <ticker value="BMI US"/>
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        <balance>11158</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1655624.04</valUSD>
        <pctVal>0.2408682352</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>Balchem Corporation</name>
        <lei>N/A</lei>
        <title>BALCHEM CORP COMMON STOCK USD.0667</title>
        <cusip>057665200</cusip>
        <identifiers>
          <isin value="US0576652004"/>
          <ticker value="BCPC US"/>
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        <balance>12165</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2055276.75</valUSD>
        <pctVal>0.2990116546</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>BancFirst Corporation</name>
        <lei>549300EJEHGBP4IO2J30</lei>
        <title>BANCFIRST CORP COMMON STOCK USD1.0</title>
        <cusip>05945F103</cusip>
        <identifiers>
          <isin value="US05945F1030"/>
          <ticker value="BANF US"/>
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        <balance>5245</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>582876.85</valUSD>
        <pctVal>0.0847997582</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>Bank OZK</name>
        <lei>N/A</lei>
        <title>BANK OZK COMMON STOCK</title>
        <cusip>06417N103</cusip>
        <identifiers>
          <isin value="US06417N1037"/>
          <ticker value="OZK US"/>
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        <balance>38601</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2010726.09</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>
      <invstOrSec>
        <name>BankUnited Inc.</name>
        <lei>96OVUWEW5D4YX6PFXD91</lei>
        <title>BANKUNITED INC COMMON STOCK USD.01</title>
        <cusip>06652K103</cusip>
        <identifiers>
          <isin value="US06652K1034"/>
          <ticker value="BKU US"/>
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        <balance>19438</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>941771.1</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>Hawkins Inc.</name>
        <lei>549300VL3IJ23OWX1Y34</lei>
        <title>HAWKINS INC COMMON STOCK USD.01</title>
        <cusip>420261109</cusip>
        <identifiers>
          <isin value="US4202611095"/>
          <ticker value="HWKN US"/>
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        <balance>3262</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>463530.2</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>Hayward Holdings Inc.</name>
        <lei>N/A</lei>
        <title>HAYWARD HOLDINGS INC COMMON STOCK USD.001</title>
        <cusip>421298100</cusip>
        <identifiers>
          <isin value="US4212981009"/>
          <ticker value="HAYW US"/>
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        <balance>59281</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1026154.11</valUSD>
        <pctVal>0.1492898892</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>HealthEquity Inc.</name>
        <lei>N/A</lei>
        <title>HEALTHEQUITY INC COMMON STOCK USD.0001</title>
        <cusip>42226A107</cusip>
        <identifiers>
          <isin value="US42226A1079"/>
          <ticker value="HQY US"/>
        </identifiers>
        <balance>19362</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1748775.84</valUSD>
        <pctVal>0.2544204120</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>Mara Holdings Inc.</name>
        <lei>N/A</lei>
        <title>MARA HOLDINGS INC COMMON STOCK USD.001</title>
        <cusip>565788106</cusip>
        <identifiers>
          <isin value="US5657881067"/>
          <ticker value="MARA US"/>
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        <balance>92678</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1287297.42</valUSD>
        <pctVal>0.1872822877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1214918.780000000000"/>
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      <invstOrSec>
        <name>Bath and Body Works Inc.</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>BATH and BODY WORKS INC COMMON STOCK USD.5</title>
        <cusip>070830104</cusip>
        <identifiers>
          <isin value="US0708301041"/>
          <ticker value="BBWI US"/>
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        <balance>72461</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1676022.93</valUSD>
        <pctVal>0.2438359649</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>Belden Inc.</name>
        <lei>68BKYO1JC791TTJHUE82</lei>
        <title>BELDEN INC COMMON STOCK USD.01</title>
        <cusip>077454106</cusip>
        <identifiers>
          <isin value="US0774541066"/>
          <ticker value="BDC US"/>
        </identifiers>
        <balance>11221</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1345510.11</valUSD>
        <pctVal>0.1957513529</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>BGC Group Inc.</name>
        <lei>N/A</lei>
        <title>BGC GROUP INC COMMON STOCK USD.01</title>
        <cusip>088929104</cusip>
        <identifiers>
          <isin value="US0889291045"/>
          <ticker value="BGC US"/>
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        <balance>136297</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1457014.93</valUSD>
        <pctVal>0.2119736162</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>BILL Holdings Inc.</name>
        <lei>N/A</lei>
        <title>BILL HOLDINGS INC COMMON STOCK USD.00001</title>
        <cusip>090043100</cusip>
        <identifiers>
          <isin value="US0900431000"/>
          <ticker value="BILL US"/>
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        <balance>36969</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1336799.04</valUSD>
        <pctVal>0.1944840240</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>MarketAxess Holdings Inc.</name>
        <lei>5493002U1CA1XJOVID83</lei>
        <title>MARKETAXESS HOLDINGS INC COMMON STOCK USD.003</title>
        <cusip>57060D108</cusip>
        <identifiers>
          <isin value="US57060D1081"/>
          <ticker value="MKTX US"/>
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        <balance>8658</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>982596.42</valUSD>
        <pctVal>0.1429529047</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>Matador Resources Company</name>
        <lei>N/A</lei>
        <title>MATADOR RESOURCES CO COMMON STOCK USD.01</title>
        <cusip>576485205</cusip>
        <identifiers>
          <isin value="US5764852050"/>
          <ticker value="MTDR US"/>
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        <balance>41915</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2086528.7</valUSD>
        <pctVal>0.3035583403</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>Match Group Inc.</name>
        <lei>15OMOPB0A8K0EFUVD031</lei>
        <title>MATCH GROUP INC COMMON STOCK USD.001</title>
        <cusip>57667L107</cusip>
        <identifiers>
          <isin value="US57667L1070"/>
          <ticker value="MTCH US"/>
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        <balance>58582</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2229045.1</valUSD>
        <pctVal>0.3242923191</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>Materion Corporation</name>
        <lei>549300CJ5RI351SUYT02</lei>
        <title>MATERION CORP COMMON STOCK</title>
        <cusip>576690101</cusip>
        <identifiers>
          <isin value="US5766901012"/>
          <ticker value="MTRN US"/>
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        <balance>4986</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1482786.54</valUSD>
        <pctVal>0.2157229954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bio-Rad Laboratories Inc.</name>
        <lei>549300ZC1GPV35XYDK53</lei>
        <title>BIO-RAD LABORATORIES INC COMMON STOCK USD.0001</title>
        <cusip>090572207</cusip>
        <identifiers>
          <isin value="US0905722072"/>
          <ticker value="BIO US"/>
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        <balance>4456</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1308326.16</valUSD>
        <pctVal>0.1903416510</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>Black Hills Corporation</name>
        <lei>3MGELCRSTNSAMJ962671</lei>
        <title>BLACK HILLS CORP COMMON STOCK USD1.0</title>
        <cusip>092113109</cusip>
        <identifiers>
          <isin value="US0921131092"/>
          <ticker value="BKH US"/>
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        <balance>20561</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1529738.4</valUSD>
        <pctVal>0.2225537802</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>HandR Block Inc.</name>
        <lei>N/A</lei>
        <title>HandR BLOCK INC COMMON STOCK</title>
        <cusip>093671105</cusip>
        <identifiers>
          <isin value="US0936711052"/>
          <ticker value="HRB US"/>
        </identifiers>
        <balance>23961</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>912434.88</valUSD>
        <pctVal>0.1327454627</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>Boise Cascade Company</name>
        <lei>549300Z8B8LSRHC7XA55</lei>
        <title>BOISE CASCADE CO COMMON STOCK USD.01</title>
        <cusip>09739D100</cusip>
        <identifiers>
          <isin value="US09739D1000"/>
          <ticker value="BCC US"/>
        </identifiers>
        <balance>15396</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1195191.48</valUSD>
        <pctVal>0.1738822677</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>Boot Barn Holdings Inc.</name>
        <lei>N/A</lei>
        <title>BOOT BARN HOLDINGS INC COMMON STOCK USD.0001</title>
        <cusip>099406100</cusip>
        <identifiers>
          <isin value="US0994061002"/>
          <ticker value="BOOT US"/>
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        <balance>8568</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1407465.36</valUSD>
        <pctVal>0.2047649039</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>Box Inc.</name>
        <lei>549300KQUCPD8687YS68</lei>
        <title>BOX INC COMMON STOCK USD.0001</title>
        <cusip>10316T104</cusip>
        <identifiers>
          <isin value="US10316T1043"/>
          <ticker value="BOX US"/>
        </identifiers>
        <balance>37716</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1000982.64</valUSD>
        <pctVal>0.1456278214</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>Brady Corporation</name>
        <lei>549300G2LEQOFQC8GY34</lei>
        <title>BRADY CORP COMMON STOCK USD.01</title>
        <cusip>104674106</cusip>
        <identifiers>
          <isin value="US1046741062"/>
          <ticker value="BRC US"/>
        </identifiers>
        <balance>12046</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1103052.22</valUSD>
        <pctVal>0.1604774002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bright Horizons Family Solutions Inc.</name>
        <lei>N/A</lei>
        <title>BRIGHT HORIZONS FAMILY SOLUTIO COMMON STOCK USD.001</title>
        <cusip>109194100</cusip>
        <identifiers>
          <isin value="US1091941005"/>
          <ticker value="BFAM US"/>
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        <balance>10199</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>722905.12</valUSD>
        <pctVal>0.1051717517</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>Brighthouse Financial Inc.</name>
        <lei>N/A</lei>
        <title>BRIGHTHOUSE FINANCIAL INC COMMON STOCK USD.01</title>
        <cusip>10922N103</cusip>
        <identifiers>
          <isin value="US10922N1037"/>
          <ticker value="BHF US"/>
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        <balance>13647</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>863855.1</valUSD>
        <pctVal>0.1256778401</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>BrightSpring Health Services Inc.</name>
        <lei>N/A</lei>
        <title>BRIGHTSPRING HEALTH SERVICES I COMMON STOCK USD100.0</title>
        <cusip>10950A106</cusip>
        <identifiers>
          <isin value="US10950A1060"/>
          <ticker value="BTSG US"/>
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        <balance>21114</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1472490.36</valUSD>
        <pctVal>0.2142250570</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>Brinker International Inc.</name>
        <lei>N/A</lei>
        <title>BRINKER INTERNATIONAL INC COMMON STOCK USD.1</title>
        <cusip>109641100</cusip>
        <identifiers>
          <isin value="US1096411004"/>
          <ticker value="EAT US"/>
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        <balance>12387</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2081016</valUSD>
        <pctVal>0.3027563259</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>The Brink's Company</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BRINK'S CO/THE COMMON STOCK USD1.0</title>
        <cusip>109696104</cusip>
        <identifiers>
          <isin value="US1096961040"/>
          <ticker value="BCO US"/>
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        <balance>14704</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1389380.96</valUSD>
        <pctVal>0.2021338974</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>Matson Inc.</name>
        <lei>549300OI5H3Y0I9I4I12</lei>
        <title>MATSON INC COMMON STOCK</title>
        <cusip>57686G105</cusip>
        <identifiers>
          <isin value="US57686G1058"/>
          <ticker value="MATX US"/>
        </identifiers>
        <balance>2095</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>402721.85</valUSD>
        <pctVal>0.0585899328</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>Mattel Inc.</name>
        <lei>549300VELLG24KHTJ564</lei>
        <title>MATTEL INC COMMON STOCK USD1.0</title>
        <cusip>577081102</cusip>
        <identifiers>
          <isin value="US5770811025"/>
          <ticker value="MAT US"/>
        </identifiers>
        <balance>121557</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1687211.16</valUSD>
        <pctVal>0.2454636830</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>Maximus Inc.</name>
        <lei>549300DQCDS8HJ7QF202</lei>
        <title>MAXIMUS INC COMMON STOCK</title>
        <cusip>577933104</cusip>
        <identifiers>
          <isin value="US5779331041"/>
          <ticker value="MMS US"/>
        </identifiers>
        <balance>21277</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1143851.52</valUSD>
        <pctVal>0.1664130807</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>Medical Properties Trust Inc.</name>
        <lei>N/A</lei>
        <title>MEDICAL PROPERTIES TRUST INC REIT USD.001</title>
        <cusip>58463J304</cusip>
        <identifiers>
          <isin value="US58463J3041"/>
          <ticker value="MPT US"/>
        </identifiers>
        <balance>131862</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>609202.44</valUSD>
        <pctVal>0.0886297330</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>Mercury Systems Inc.</name>
        <lei>N/A</lei>
        <title>MERCURY SYSTEMS INC COMMON STOCK USD.01</title>
        <cusip>589378108</cusip>
        <identifiers>
          <isin value="US5893781089"/>
          <ticker value="MRCY US"/>
        </identifiers>
        <balance>14285</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1747484.05</valUSD>
        <pctVal>0.2542324761</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>Mercury General Corporation</name>
        <lei>5493001Q9EXPCEL4W527</lei>
        <title>MERCURY GENERAL CORP COMMON STOCK</title>
        <cusip>589400100</cusip>
        <identifiers>
          <isin value="US5894001008"/>
          <ticker value="MCY US"/>
        </identifiers>
        <balance>7329</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>781417.98</valUSD>
        <pctVal>0.1136844871</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>Merit Medical Systems Inc.</name>
        <lei>549300OYTY138SP2CE83</lei>
        <title>MERIT MEDICAL SYSTEMS INC COMMON STOCK</title>
        <cusip>589889104</cusip>
        <identifiers>
          <isin value="US5898891040"/>
          <ticker value="MMSI US"/>
        </identifiers>
        <balance>22548</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1563478.32</valUSD>
        <pctVal>0.2274624278</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>Miami International Holdings Inc.</name>
        <lei>N/A</lei>
        <title>MIAMI INTERNATIONAL HOLDINGS I COMMON STOCK USD.001</title>
        <cusip>59356Q108</cusip>
        <identifiers>
          <isin value="US59356Q1085"/>
          <ticker value="MIAX US"/>
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        <balance>4031</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>149791.96</valUSD>
        <pctVal>0.0217924627</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>The Middleby Corporation</name>
        <lei>JDFO86U9VQRBKW5KYA35</lei>
        <title>MIDDLEBY CORP/THE COMMON STOCK USD.01</title>
        <cusip>596278101</cusip>
        <identifiers>
          <isin value="US5962781010"/>
          <ticker value="MIDD US"/>
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        <balance>8427</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1449528.27</valUSD>
        <pctVal>0.2108844205</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>Mirion Technologies Inc.</name>
        <lei>N/A</lei>
        <title>MIRION TECHNOLOGIES INC COMMON STOCK USD.0001</title>
        <cusip>60471A101</cusip>
        <identifiers>
          <isin value="US60471A1016"/>
          <ticker value="MIR US"/>
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        <balance>64037</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1148183.41</valUSD>
        <pctVal>0.1670433051</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>Broadstone Net Lease Inc.</name>
        <lei>N/A</lei>
        <title>BROADSTONE NET LEASE INC REIT USD.00025</title>
        <cusip>11135E203</cusip>
        <identifiers>
          <isin value="US11135E2037"/>
          <ticker value="BNL US"/>
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        <balance>53031</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1096150.77</valUSD>
        <pctVal>0.1594733437</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>Brookdale Senior Living Inc.</name>
        <lei>LH7MQB13NWY7CJ9VC445</lei>
        <title>BROOKDALE SENIOR LIVING INC COMMON STOCK USD.01</title>
        <cusip>112463104</cusip>
        <identifiers>
          <isin value="US1124631045"/>
          <ticker value="BKD US"/>
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        <balance>57041</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>917789.69</valUSD>
        <pctVal>0.1335245065</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>Bruker Corporation</name>
        <lei>LEBZ6VLQ6I8XB1NHVY15</lei>
        <title>BRUKER CORP COMMON STOCK USD.01</title>
        <cusip>116794108</cusip>
        <identifiers>
          <isin value="US1167941087"/>
          <ticker value="BRKR US"/>
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        <balance>26056</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1568050.08</valUSD>
        <pctVal>0.2281275497</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>Brunswick Corporation</name>
        <lei>YM4O38W15AX4YLLQKU27</lei>
        <title>BRUNSWICK CORP/DE COMMON STOCK USD.75</title>
        <cusip>117043109</cusip>
        <identifiers>
          <isin value="US1170431092"/>
          <ticker value="BC US"/>
        </identifiers>
        <balance>25339</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2134557.36</valUSD>
        <pctVal>0.3105457833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CCC Intelligent Solutions Holdings Inc.</name>
        <lei>N/A</lei>
        <title>CCC INTELLIGENT SOLUTIONS HOLD COMMON STOCK USD.0001</title>
        <cusip>12510Q100</cusip>
        <identifiers>
          <isin value="US12510Q1004"/>
          <ticker value="CCC US"/>
        </identifiers>
        <balance>214384</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1106221.44</valUSD>
        <pctVal>0.1609384737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSW Industrials Inc.</name>
        <lei>549300SYOEO3RVQ7FB83</lei>
        <title>CSW INDUSTRIALS INC COMMON STOCK USD.01</title>
        <cusip>126402106</cusip>
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          <isin value="US1264021064"/>
          <ticker value="CSW US"/>
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        <balance>6948</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1933628.4</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Choice Hotels International Inc.</name>
        <lei>5493003CYRY5RFGTIR97</lei>
        <title>CHOICE HOTELS INTERNATIONAL IN COMMON STOCK USD.01</title>
        <cusip>169905106</cusip>
        <identifiers>
          <isin value="US1699051066"/>
          <ticker value="CHH US"/>
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        <balance>9872</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1088585.44</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Cinemark Holdings Inc.</name>
        <lei>N/A</lei>
        <title>CINEMARK HOLDINGS INC COMMON STOCK USD.001</title>
        <cusip>17243V102</cusip>
        <identifiers>
          <isin value="US17243V1026"/>
          <ticker value="CNK US"/>
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        <balance>28179</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>894119.67</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Moelis and Company</name>
        <lei>549300891QNU7VTQUR83</lei>
        <title>MOELIS and CO COMMON STOCK USD.01</title>
        <cusip>60786M105</cusip>
        <identifiers>
          <isin value="US60786M1053"/>
          <ticker value="MC US"/>
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        <balance>20567</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1345493.14</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>
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      <invstOrSec>
        <name>Mohawk Industries Inc.</name>
        <lei>549300JI1115MG3Q6322</lei>
        <title>MOHAWK INDUSTRIES INC COMMON STOCK USD.01</title>
        <cusip>608190104</cusip>
        <identifiers>
          <isin value="US6081901042"/>
          <ticker value="MHK US"/>
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        <balance>13947</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1692189.51</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mueller Water Products Inc.</name>
        <lei>549300F7ZU4P1F8V8L60</lei>
        <title>MUELLER WATER PRODUCTS INC COMMON STOCK USD.01</title>
        <cusip>624758108</cusip>
        <identifiers>
          <isin value="US6247581084"/>
          <ticker value="MWA US"/>
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        <balance>44002</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1136571.66</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Murphy Oil Corporation</name>
        <lei>QBKYQD0ODE7DC7PDIN91</lei>
        <title>MURPHY OIL CORP COMMON STOCK USD1.0</title>
        <cusip>626717102</cusip>
        <identifiers>
          <isin value="US6267171022"/>
          <ticker value="MUR US"/>
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        <balance>51440</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1674886.4</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>Cirrus Logic Inc.</name>
        <lei>549300NKSJEM5ZZSSV18</lei>
        <title>CIRRUS LOGIC INC COMMON STOCK USD.001</title>
        <cusip>172755100</cusip>
        <identifiers>
          <isin value="US1727551004"/>
          <ticker value="CRUS US"/>
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        <balance>19046</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2828902.38</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Clear Secure Inc.</name>
        <lei>N/A</lei>
        <title>CLEAR SECURE INC COMMON STOCK USD.00001</title>
        <cusip>18467V109</cusip>
        <identifiers>
          <isin value="US18467V1098"/>
          <ticker value="YOU US"/>
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        <balance>25204</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1404618.92</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>Taylor Morrison Home Corporation</name>
        <lei>N/A</lei>
        <title>TAYLOR MORRISON HOME CORP A COMMON STOCK USD.00001</title>
        <cusip>87724P106</cusip>
        <identifiers>
          <isin value="US87724P1066"/>
          <ticker value="TMHC US"/>
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        <balance>34909</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2504371.66</valUSD>
        <pctVal>0.3643481657</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>Clearway Energy Inc.</name>
        <lei>549300LHAZ9HA9G3XC48</lei>
        <title>CLEARWAY ENERGY INC COMMON STOCK</title>
        <cusip>18539C204</cusip>
        <identifiers>
          <isin value="US18539C2044"/>
          <ticker value="CWEN US"/>
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        <balance>44846</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1532836.28</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>
      <invstOrSec>
        <name>Cleveland-Cliffs Inc.</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLEVELAND-CLIFFS INC COMMON STOCK USD.125</title>
        <cusip>185899101</cusip>
        <identifiers>
          <isin value="US1858991011"/>
          <ticker value="CLF US"/>
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        <balance>176566</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1657954.74</valUSD>
        <pctVal>0.2412073168</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>Cohen and Steers Inc.</name>
        <lei>N/A</lei>
        <title>COHEN and STEERS INC COMMON STOCK USD.01</title>
        <cusip>19247A100</cusip>
        <identifiers>
          <isin value="US19247A1007"/>
          <ticker value="CNS US"/>
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        <balance>7500</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>571050</valUSD>
        <pctVal>0.0830791305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Columbia Banking System Inc.</name>
        <lei>N/A</lei>
        <title>COLUMBIA BANKING SYSTEM INC COMMON STOCK</title>
        <cusip>197236102</cusip>
        <identifiers>
          <isin value="US1972361026"/>
          <ticker value="COLB US"/>
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        <balance>76969</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2466856.45</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Teleflex Incorporated</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
        <title>TELEFLEX INC COMMON STOCK USD1.0</title>
        <cusip>879369106</cusip>
        <identifiers>
          <isin value="US8793691069"/>
          <ticker value="TFX US"/>
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        <balance>10936</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1386247.36</valUSD>
        <pctVal>0.2016780061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Telephone and Data Systems Inc.</name>
        <lei>N/A</lei>
        <title>TELEPHONE AND DATA SYSTEMS INC COMMON STOCK USD.01</title>
        <cusip>879433829</cusip>
        <identifiers>
          <isin value="US8794338298"/>
          <ticker value="TDS US"/>
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        <balance>26313</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>973844.13</valUSD>
        <pctVal>0.1416795790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Terex Corporation</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>TEREX CORP COMMON STOCK USD.01</title>
        <cusip>880779103</cusip>
        <identifiers>
          <isin value="US8807791038"/>
          <ticker value="TEX US"/>
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        <balance>29007</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2099816.73</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Terreno Realty Corporation</name>
        <lei>N/A</lei>
        <title>TERRENO REALTY CORP REIT USD.01</title>
        <cusip>88146M101</cusip>
        <identifiers>
          <isin value="US88146M1018"/>
          <ticker value="TRNO US"/>
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        <balance>36028</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2333533.56</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>
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      <invstOrSec>
        <name>Columbia Sportswear Company</name>
        <lei>549300OTMCIEUXAH5Z60</lei>
        <title>COLUMBIA SPORTSWEAR CO COMMON STOCK</title>
        <cusip>198516106</cusip>
        <identifiers>
          <isin value="US1985161066"/>
          <ticker value="COLM US"/>
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        <balance>7034</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>434841.88</valUSD>
        <pctVal>0.0632629110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Commerce Bancshares Inc.</name>
        <lei>N/A</lei>
        <title>COMMERCE BANCSHARES INC/MO COMMON STOCK USD5.0</title>
        <cusip>200525103</cusip>
        <identifiers>
          <isin value="US2005251036"/>
          <ticker value="CBSH US"/>
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        <balance>34767</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2007794.25</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Texas Capital Bancshares Inc.</name>
        <lei>549300466Q2SXRX0YM48</lei>
        <title>TEXAS CAPITAL BANCSHARES INC COMMON STOCK USD.01</title>
        <cusip>88224Q107</cusip>
        <identifiers>
          <isin value="US88224Q1076"/>
          <ticker value="TCBI US"/>
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        <balance>12096</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1249032.96</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TG Therapeutics Inc.</name>
        <lei>N/A</lei>
        <title>TG THERAPEUTICS INC COMMON STOCK USD.001</title>
        <cusip>88322Q108</cusip>
        <identifiers>
          <isin value="US88322Q1085"/>
          <ticker value="TGTX US"/>
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        <balance>41008</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2252979.52</valUSD>
        <pctVal>0.3277744149</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>PERIMETER SOLUTIONS INC COMMON STOCK</name>
        <lei>N/A</lei>
        <title>PERIMETER SOLUTIONS INC COMMON STOCK</title>
        <cusip>71385M107</cusip>
        <identifiers>
          <isin value="US71385M1071"/>
          <ticker value="PRM US"/>
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        <balance>36584</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1304219.6</valUSD>
        <pctVal>0.1897442087</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>Phillips Edison and Company Inc.</name>
        <lei>N/A</lei>
        <title>PHILLIPS EDISON and CO INC REIT USD.01</title>
        <cusip>71844V201</cusip>
        <identifiers>
          <isin value="US71844V2016"/>
          <ticker value="PECO US"/>
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        <balance>47684</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1984608.08</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>
      <invstOrSec>
        <name>Thor Industries Inc.</name>
        <lei>N/A</lei>
        <title>THOR INDUSTRIES INC COMMON STOCK USD.1</title>
        <cusip>885160101</cusip>
        <identifiers>
          <isin value="US8851601018"/>
          <ticker value="THO US"/>
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        <balance>19865</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1493053.4</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tidewater Inc.</name>
        <lei>N/A</lei>
        <title>TIDEWATER INC COMMON STOCK</title>
        <cusip>88642R109</cusip>
        <identifiers>
          <isin value="US88642R1095"/>
          <ticker value="TDW US"/>
        </identifiers>
        <balance>2526</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>168307.38</valUSD>
        <pctVal>0.0244861760</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>The Timken Company</name>
        <lei>B0I35MLPFXZSE70ASS73</lei>
        <title>TIMKEN CO/THE COMMON STOCK</title>
        <cusip>887389104</cusip>
        <identifiers>
          <isin value="US8873891043"/>
          <ticker value="TKR US"/>
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        <balance>24392</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3544645.44</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>
      <invstOrSec>
        <name>Tootsie Roll Industries Inc.</name>
        <lei>N/A</lei>
        <title>TOOTSIE ROLL INDUSTRIES INC COMMON STOCK USD.694</title>
        <cusip>890516107</cusip>
        <identifiers>
          <isin value="US8905161076"/>
          <ticker value="TR US"/>
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        <balance>3189</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>126124.95</valUSD>
        <pctVal>0.0183492710</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>TransMedics Group Inc.</name>
        <lei>N/A</lei>
        <title>TRANSMEDICS GROUP INC COMMON STOCK</title>
        <cusip>89377M109</cusip>
        <identifiers>
          <isin value="US89377M1099"/>
          <ticker value="TMDX US"/>
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        <balance>8708</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>578385.36</valUSD>
        <pctVal>0.0841463144</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>Travel + Leisure Co.</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
        <title>TRAVEL + LEISURE CO COMMON STOCK USD.01</title>
        <cusip>894164102</cusip>
        <identifiers>
          <isin value="US8941641024"/>
          <ticker value="TNL US"/>
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        <balance>16617</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1270037.31</valUSD>
        <pctVal>0.1847712030</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>Trex Company Inc.</name>
        <lei>N/A</lei>
        <title>TREX CO INC COMMON STOCK USD.01</title>
        <cusip>89531P105</cusip>
        <identifiers>
          <isin value="US89531P1057"/>
          <ticker value="TREX US"/>
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        <balance>39241</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1963619.64</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>
      <invstOrSec>
        <name>Tutor Perini Corporation</name>
        <lei>549300FHXYVPW8LJ6D98</lei>
        <title>TUTOR PERINI CORP COMMON STOCK USD1.0</title>
        <cusip>901109108</cusip>
        <identifiers>
          <isin value="US9011091082"/>
          <ticker value="TPC US"/>
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        <balance>12906</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1070810.82</valUSD>
        <pctVal>0.1557867645</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>Commercial Metals Company</name>
        <lei>549300OQS2LO07ZJ7N73</lei>
        <title>COMMERCIAL METALS CO COMMON STOCK USD.01</title>
        <cusip>201723103</cusip>
        <identifiers>
          <isin value="US2017231034"/>
          <ticker value="CMC US"/>
        </identifiers>
        <balance>40555</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2544826.25</valUSD>
        <pctVal>0.3702336962</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>Vistance Networks Inc.</name>
        <lei>N/A</lei>
        <title>VISTANCE NETWORKS INC COMMON STOCK USD.01</title>
        <cusip>20337X109</cusip>
        <identifiers>
          <isin value="US20337X1090"/>
          <ticker value="VISN US"/>
        </identifiers>
        <balance>56952</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>727846.56</valUSD>
        <pctVal>0.1058906564</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>Community Financial System Inc.</name>
        <lei>N/A</lei>
        <title>COMMUNITY FINANCIAL SYSTEM INC COMMON STOCK USD1.0</title>
        <cusip>203607106</cusip>
        <identifiers>
          <isin value="US2036071064"/>
          <ticker value="CBU US"/>
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        <balance>14411</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>967266.32</valUSD>
        <pctVal>0.1407226072</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>Commvault Systems Inc.</name>
        <lei>65T5VRP62VXG39YFML83</lei>
        <title>COMMVAULT SYSTEMS INC COMMON STOCK USD.01</title>
        <cusip>204166102</cusip>
        <identifiers>
          <isin value="US2041661024"/>
          <ticker value="CVLT US"/>
        </identifiers>
        <balance>14425</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2044455.25</valUSD>
        <pctVal>0.2974372902</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>Comstock Resources Inc.</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>COMSTOCK RESOURCES INC COMMON STOCK USD.5</title>
        <cusip>205768302</cusip>
        <identifiers>
          <isin value="US2057683029"/>
          <ticker value="CRK US"/>
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        <balance>20653</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>308142.76</valUSD>
        <pctVal>0.0448301070</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>Concentra Group Holdings Parent Inc.</name>
        <lei>N/A</lei>
        <title>CONCENTRA GROUP HOLDINGS PAREN COMMON STOCK USD.01</title>
        <cusip>20603L102</cusip>
        <identifiers>
          <isin value="US20603L1026"/>
          <ticker value="CON US"/>
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        <balance>30536</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>908446</valUSD>
        <pctVal>0.1321651411</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>Fulton Financial Corporation</name>
        <lei>5493005QLZ6O1BNC0C11</lei>
        <title>FULTON FINANCIAL CORP COMMON STOCK USD2.5</title>
        <cusip>360271100</cusip>
        <identifiers>
          <isin value="US3602711000"/>
          <ticker value="FULT US"/>
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        <balance>48856</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1181826.64</valUSD>
        <pctVal>0.1719378858</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>Construction Partners Inc.</name>
        <lei>N/A</lei>
        <title>CONSTRUCTION PARTNERS INC COMMON STOCK USD.001</title>
        <cusip>21044C107</cusip>
        <identifiers>
          <isin value="US21044C1071"/>
          <ticker value="ROAD US"/>
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        <balance>11738</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1394122.26</valUSD>
        <pctVal>0.2028236848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Corcept Therapeutics Incorporated</name>
        <lei>N/A</lei>
        <title>CORCEPT THERAPEUTICS INC COMMON STOCK USD.001</title>
        <cusip>218352102</cusip>
        <identifiers>
          <isin value="US2183521028"/>
          <ticker value="CORT US"/>
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        <balance>21709</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1887597.55</valUSD>
        <pctVal>0.2746168693</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>GATX Corporation</name>
        <lei>549300IHYHCQP2PIR591</lei>
        <title>GATX CORP COMMON STOCK USD.625</title>
        <cusip>361448103</cusip>
        <identifiers>
          <isin value="US3614481030"/>
          <ticker value="GATX US"/>
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        <balance>12793</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2266791.67</valUSD>
        <pctVal>0.3297838736</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>GXO Logistics Inc.</name>
        <lei>N/A</lei>
        <title>GXO LOGISTICS INC COMMON STOCK USD.01</title>
        <cusip>36262G101</cusip>
        <identifiers>
          <isin value="US36262G1013"/>
          <ticker value="GXO US"/>
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        <balance>42344</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2146840.8</valUSD>
        <pctVal>0.3123328378</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>Core Scientific Inc.</name>
        <lei>N/A</lei>
        <title>CORE SCIENTIFIC INC COMMON STOCK USD.00001</title>
        <cusip>21874A106</cusip>
        <identifiers>
          <isin value="US21874A1060"/>
          <ticker value="CORZ US"/>
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        <balance>79486</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2034046.74</valUSD>
        <pctVal>0.2959230096</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Core Natural Resources Inc.</name>
        <lei>N/A</lei>
        <title>CORE NATURAL RESOURCES INC COMMON STOCK USD.01</title>
        <cusip>218937100</cusip>
        <identifiers>
          <isin value="US2189371006"/>
          <ticker value="CNR US"/>
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        <balance>10420</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>833808.4</valUSD>
        <pctVal>0.1213065001</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>Piper Sandler Companies</name>
        <lei>QUQDBTUSOAKFEVMRMF78</lei>
        <title>PIPER SANDLER COS COMMON STOCK USD.01</title>
        <cusip>724078209</cusip>
        <identifiers>
          <isin value="US7240782091"/>
          <ticker value="PIPR US"/>
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        <balance>25308</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1830780.72</valUSD>
        <pctVal>0.2663508807</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>ESC PIVOTAL SOFTWARE I COMMON STOCK</name>
        <lei>N/A</lei>
        <title>ESC PIVOTAL SOFTWARE I COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="725ESC016"/>
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        <balance>33553</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.03</valUSD>
        <pctVal>0.0000000044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COPT Defense Properties</name>
        <lei>YY1J47X6LF9TYY8JY420</lei>
        <title>COPT DEFENSE PROPERTIES REIT USD.01</title>
        <cusip>22002T108</cusip>
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          <isin value="US22002T1088"/>
          <ticker value="CDP US"/>
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        <curCd>USD</curCd>
        <valUSD>1118701.38</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Cousins Properties Incorporated</name>
        <lei>N/A</lei>
        <title>COUSINS PROPERTIES INC REIT USD1.0</title>
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        <identifiers>
          <isin value="US2227955026"/>
          <ticker value="CUZ US"/>
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        <balance>46040</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1380279.2</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Garrett Motion Inc.</name>
        <lei>N/A</lei>
        <title>GARRETT MOTION INC COMMON STOCK USD.001</title>
        <cusip>366505105</cusip>
        <identifiers>
          <isin value="US3665051054"/>
          <ticker value="GTX US"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1518145.69</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lazard Inc.</name>
        <lei>N/A</lei>
        <title>LAZARD INC COMMON STOCK USD.01</title>
        <cusip>52110M109</cusip>
        <identifiers>
          <isin value="US52110M1099"/>
          <ticker value="LAZ US"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1747388.16</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lear Corporation</name>
        <lei>549300UPNBTXA1SYTQ33</lei>
        <title>LEAR CORP COMMON STOCK USD.01</title>
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          <isin value="US5218652049"/>
          <ticker value="LEA US"/>
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        <balance>20411</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2736298.66</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Legence Corp.</name>
        <lei>N/A</lei>
        <title>LEGENCE CORP COMMON STOCK USD.01</title>
        <cusip>52476L109</cusip>
        <identifiers>
          <isin value="US52476L1098"/>
          <ticker value="LGN US"/>
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        <balance>9415</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>802440.45</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Credit Acceptance Corporation</name>
        <lei>N/A</lei>
        <title>CREDIT ACCEPTANCE CORP COMMON STOCK USD.01</title>
        <cusip>225310101</cusip>
        <identifiers>
          <isin value="US2253101016"/>
          <ticker value="CACC US"/>
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        <balance>1821</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1159503.54</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Liberty Broadband Corporation</name>
        <lei>N/A</lei>
        <title>LIBERTY BROADBAND CORP COMMON STOCK USD.01</title>
        <cusip>530307107</cusip>
        <identifiers>
          <isin value="US5303071071"/>
          <ticker value="LBRDA US"/>
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        <balance>3999</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>133086.72</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>UGI Corporation</name>
        <lei>DX6GCWD4Q1JO9CRE5I40</lei>
        <title>UGI CORP COMMON STOCK</title>
        <cusip>902681105</cusip>
        <identifiers>
          <isin value="US9026811052"/>
          <ticker value="UGI US"/>
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        <balance>74386</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2569292.44</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>UFP Industries Inc.</name>
        <lei>5493007KB485C9OV5572</lei>
        <title>UFP INDUSTRIES INC COMMON STOCK</title>
        <cusip>90278Q108</cusip>
        <identifiers>
          <isin value="US90278Q1085"/>
          <ticker value="UFPI US"/>
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        <balance>21885</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1985844.9</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>
        </securityLending>
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      <invstOrSec>
        <name>UiPath Inc.</name>
        <lei>N/A</lei>
        <title>UIPATH INC COMMON STOCK USD.00001</title>
        <cusip>90364P105</cusip>
        <identifiers>
          <isin value="US90364P1057"/>
          <ticker value="PATH US"/>
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        <balance>106516</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1157828.92</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>UniFirst Corporation</name>
        <lei>5493003XBTNWBC8UK019</lei>
        <title>UNIFIRST CORP/MA COMMON STOCK USD.1</title>
        <cusip>904708104</cusip>
        <identifiers>
          <isin value="US9047081040"/>
          <ticker value="UNF US"/>
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        <balance>4069</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1076087.74</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>AAON Inc.</name>
        <lei>N/A</lei>
        <title>AAON INC COMMON STOCK USD.004</title>
        <cusip>000360206</cusip>
        <identifiers>
          <isin value="US0003602069"/>
          <ticker value="AAON US"/>
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        <balance>26943</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3417988.98</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>AAR CORP.</name>
        <lei>MP76T5YQX3YK5VVAQ802</lei>
        <title>AAR CORP COMMON STOCK USD1.0</title>
        <cusip>000361105</cusip>
        <identifiers>
          <isin value="US0003611052"/>
          <ticker value="AIR US"/>
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        <balance>9432</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1348115.76</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>ADMA Biologics Inc.</name>
        <lei>N/A</lei>
        <title>ADMA BIOLOGICS INC COMMON STOCK USD.0001</title>
        <cusip>000899104</cusip>
        <identifiers>
          <isin value="US0008991046"/>
          <ticker value="ADMA US"/>
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        <balance>60915</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>509858.55</valUSD>
        <pctVal>0.0741767009</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>ADT Inc.</name>
        <lei>N/A</lei>
        <title>ADT INC COMMON STOCK USD.01</title>
        <cusip>00090Q103</cusip>
        <identifiers>
          <isin value="US00090Q1031"/>
          <ticker value="ADT US"/>
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        <balance>210692</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1369498</valUSD>
        <pctVal>0.1992412277</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>AZZ Inc.</name>
        <lei>N/A</lei>
        <title>AZZ INC COMMON STOCK USD1.0</title>
        <cusip>002474104</cusip>
        <identifiers>
          <isin value="US0024741045"/>
          <ticker value="AZZ US"/>
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        <balance>8478</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1314513.9</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>Abercrombie and Fitch Co.</name>
        <lei>N/A</lei>
        <title>ABERCROMBIE and FITCH CO COMMON STOCK USD.01</title>
        <cusip>002896207</cusip>
        <identifiers>
          <isin value="US0028962076"/>
          <ticker value="ANF US"/>
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        <balance>17792</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1601457.92</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Academy Sports and Outdoors Inc.</name>
        <lei>N/A</lei>
        <title>ACADEMY SPORTS and OUTDOORS INC COMMON STOCK USD.01</title>
        <cusip>00402L107</cusip>
        <identifiers>
          <isin value="US00402L1070"/>
          <ticker value="ASO US"/>
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        <balance>18492</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>871527.96</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Acadia Pharmaceuticals Inc.</name>
        <lei>N/A</lei>
        <title>ACADIA PHARMACEUTICALS INC COMMON STOCK USD.0001</title>
        <cusip>004225108</cusip>
        <identifiers>
          <isin value="US0042251084"/>
          <ticker value="ACAD US"/>
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        <balance>38265</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>968104.5</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>ACI Worldwide Inc.</name>
        <lei>N/A</lei>
        <title>ACI WORLDWIDE INC COMMON STOCK USD.005</title>
        <cusip>004498101</cusip>
        <identifiers>
          <isin value="US0044981019"/>
          <ticker value="ACIW US"/>
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        <balance>36963</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1858869.27</valUSD>
        <pctVal>0.2704373395</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>Victory Capital Holdings Inc.</name>
        <lei>N/A</lei>
        <title>VICTORY CAPITAL HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>92645B103</cusip>
        <identifiers>
          <isin value="US92645B1035"/>
          <ticker value="VCTR US"/>
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        <balance>14963</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1257789.78</valUSD>
        <pctVal>0.1829893727</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>Voya Financial Inc.</name>
        <lei>549300T065Z4KJ686G75</lei>
        <title>VOYA FINANCIAL INC COMMON STOCK USD.01</title>
        <cusip>929089100</cusip>
        <identifiers>
          <isin value="US9290891004"/>
          <ticker value="VOYA US"/>
        </identifiers>
        <balance>32135</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2909181.55</valUSD>
        <pctVal>0.4232418767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WD-40 Company</name>
        <lei>549300UZHTN0CNKBOB19</lei>
        <title>WD-40 CO COMMON STOCK USD.001</title>
        <cusip>929236107</cusip>
        <identifiers>
          <isin value="US9292361071"/>
          <ticker value="WDFC US"/>
        </identifiers>
        <balance>3578</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>871743.92</valUSD>
        <pctVal>0.1268255440</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>WSFS Financial Corporation</name>
        <lei>549300SU7VQHD6QRG886</lei>
        <title>WSFS FINANCIAL CORP COMMON STOCK USD.01</title>
        <cusip>929328102</cusip>
        <identifiers>
          <isin value="US9293281021"/>
          <ticker value="WSFS US"/>
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        <balance>14404</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1105218.92</valUSD>
        <pctVal>0.1607926222</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>Warrior Met Coal Inc.</name>
        <lei>549300152B1S9YKBYV79</lei>
        <title>WARRIOR MET COAL INC COMMON STOCK USD.01</title>
        <cusip>93627C101</cusip>
        <identifiers>
          <isin value="US93627C1018"/>
          <ticker value="HCC US"/>
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        <balance>14138</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1147440.08</valUSD>
        <pctVal>0.1669351619</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>WaterBridge Infrastructure LLC</name>
        <lei>N/A</lei>
        <title>WATERBRIDGE INFRASTRUCTURE LLC COMMON STOCK NPV</title>
        <cusip>940923105</cusip>
        <identifiers>
          <isin value="US9409231050"/>
          <ticker value="WBI US"/>
        </identifiers>
        <balance>8002</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>274228.54</valUSD>
        <pctVal>0.0398961013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="224573.960000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Waystar Holding Corp.</name>
        <lei>N/A</lei>
        <title>WAYSTAR HOLDING CORP COMMON STOCK USD.01</title>
        <cusip>946784105</cusip>
        <identifiers>
          <isin value="US9467841055"/>
          <ticker value="WAY US"/>
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        <balance>15529</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>318810.37</valUSD>
        <pctVal>0.0463820827</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>Wesbanco Inc.</name>
        <lei>N/A</lei>
        <title>WESBANCO INC COMMON STOCK USD2.0833</title>
        <cusip>950810101</cusip>
        <identifiers>
          <isin value="US9508101014"/>
          <ticker value="WSBC US"/>
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        <balance>24616</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>960762.48</valUSD>
        <pctVal>0.1397763970</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>The Western Union Company</name>
        <lei>28ID94QU1140NC23S047</lei>
        <title>WESTERN UNION CO/THE COMMON STOCK USD.01</title>
        <cusip>959802109</cusip>
        <identifiers>
          <isin value="US9598021098"/>
          <ticker value="WU US"/>
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        <balance>74852</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>576360.4</valUSD>
        <pctVal>0.0838517133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="508060.280000000000"/>
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      <invstOrSec>
        <name>WEX Inc.</name>
        <lei>T9M5IGROL1TL1G5OV478</lei>
        <title>WEX INC COMMON STOCK USD.01</title>
        <cusip>96208T104</cusip>
        <identifiers>
          <isin value="US96208T1043"/>
          <ticker value="WEX US"/>
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        <balance>8725</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1231010.25</valUSD>
        <pctVal>0.1790933565</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>Whirlpool Corporation</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>WHIRLPOOL CORP COMMON STOCK USD1.0</title>
        <cusip>963320106</cusip>
        <identifiers>
          <isin value="US9633201069"/>
          <ticker value="WHR US"/>
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        <balance>24242</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>955619.64</valUSD>
        <pctVal>0.1390281916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="851907.900000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Willscot Holdings Corporation</name>
        <lei>N/A</lei>
        <title>WILLSCOT HOLDINGS CORP COMMON STOCK USD.0001</title>
        <cusip>971378104</cusip>
        <identifiers>
          <isin value="US9713781048"/>
          <ticker value="WSC US"/>
        </identifiers>
        <balance>51112</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1475092.32</valUSD>
        <pctVal>0.2146036028</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>Wingstop Inc.</name>
        <lei>549300SSH3F8HPIM3Q47</lei>
        <title>WINGSTOP INC COMMON STOCK USD.01</title>
        <cusip>974155103</cusip>
        <identifiers>
          <isin value="US9741551033"/>
          <ticker value="WING US"/>
        </identifiers>
        <balance>7209</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1250112.69</valUSD>
        <pctVal>0.1818724724</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>Workiva Inc.</name>
        <lei>N/A</lei>
        <title>WORKIVA INC COMMON STOCK USD.001</title>
        <cusip>98139A105</cusip>
        <identifiers>
          <isin value="US98139A1051"/>
          <ticker value="WK US"/>
        </identifiers>
        <balance>13767</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>667837.17</valUSD>
        <pctVal>0.0971601986</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>Wyndham Hotels and Resorts Inc.</name>
        <lei>N/A</lei>
        <title>WYNDHAM HOTELS and RESORTS INC COMMON STOCK USD.01</title>
        <cusip>98311A105</cusip>
        <identifiers>
          <isin value="US98311A1051"/>
          <ticker value="WH US"/>
        </identifiers>
        <balance>20015</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1685463.15</valUSD>
        <pctVal>0.2452093740</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>YETI Holdings Inc.</name>
        <lei>N/A</lei>
        <title>YETI HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>98585X104</cusip>
        <identifiers>
          <isin value="US98585X1046"/>
          <ticker value="YETI US"/>
        </identifiers>
        <balance>20936</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1037588.16</valUSD>
        <pctVal>0.1509533704</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>Zeta Global Holdings Corp.</name>
        <lei>N/A</lei>
        <title>ZETA GLOBAL HOLDINGS CORP COMMON STOCK USD.001</title>
        <cusip>98956A105</cusip>
        <identifiers>
          <isin value="US98956A1051"/>
          <ticker value="ZETA US"/>
        </identifiers>
        <balance>46745</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>919941.6</valUSD>
        <pctVal>0.1338375769</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>Zurn Elkay Water Solutions Corporation</name>
        <lei>549300AM3633XDFU1Q85</lei>
        <title>ZURN ELKAY WATER SOLUTIONS COR COMMON STOCK USD.01</title>
        <cusip>98983L108</cusip>
        <identifiers>
          <isin value="US98983L1089"/>
          <ticker value="ZWS US"/>
        </identifiers>
        <balance>57025</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2881473.25</valUSD>
        <pctVal>0.4192107385</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>Amdocs Limited</name>
        <lei>N/A</lei>
        <title>AMDOCS LTD COMMON STOCK GBP.0001</title>
        <cusip>G02602103</cusip>
        <identifiers>
          <isin value="GB0022569080"/>
          <ticker value="DOX US"/>
        </identifiers>
        <balance>26685</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1348659.9</valUSD>
        <pctVal>0.1962095996</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>Assured Guaranty Ltd.</name>
        <lei>N/A</lei>
        <title>ASSURED GUARANTY LTD COMMON STOCK USD.01</title>
        <cusip>G0585R106</cusip>
        <identifiers>
          <isin value="BMG0585R1060"/>
          <ticker value="AGO US"/>
        </identifiers>
        <balance>11719</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>939395.04</valUSD>
        <pctVal>0.1366677579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AXIS Capital Holdings Limited</name>
        <lei>N/A</lei>
        <title>AXIS CAPITAL HOLDINGS LTD COMMON STOCK USD.0125</title>
        <cusip>G0692U109</cusip>
        <identifiers>
          <isin value="BMG0692U1099"/>
          <ticker value="AXS US"/>
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        <balance>25907</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2783448.08</valUSD>
        <pctVal>0.4049495602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Axalta Coating Systems Ltd.</name>
        <lei>N/A</lei>
        <title>AXALTA COATING SYSTEMS LTD COMMON STOCK USD1.0</title>
        <cusip>G0750C108</cusip>
        <identifiers>
          <isin value="BMG0750C1082"/>
          <ticker value="AXTA US"/>
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        <balance>60414</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2067367.08</valUSD>
        <pctVal>0.3007706146</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>Bullish</name>
        <lei>N/A</lei>
        <title>BULLISH COMMON STOCK USD.002</title>
        <cusip>G16910120</cusip>
        <identifiers>
          <isin value="KYG169101204"/>
          <ticker value="BLSH US"/>
        </identifiers>
        <balance>6454</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>151217.22</valUSD>
        <pctVal>0.0219998164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="135780.700000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Cushman and Wakefield Ltd.</name>
        <lei>N/A</lei>
        <title>CUSHMAN and WAKEFIELD LTD COMMON STOCK</title>
        <cusip>G2717C106</cusip>
        <identifiers>
          <isin value="BMG2717C1064"/>
          <ticker value="CWK US"/>
        </identifiers>
        <balance>39012</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>522370.68</valUSD>
        <pctVal>0.0759970264</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>Essent Group Ltd.</name>
        <lei>N/A</lei>
        <title>ESSENT GROUP LTD COMMON STOCK USD.015</title>
        <cusip>G3198U102</cusip>
        <identifiers>
          <isin value="BMG3198U1027"/>
          <ticker value="ESNT US"/>
        </identifiers>
        <balance>34574</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2222416.72</valUSD>
        <pctVal>0.3233279901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Weatherford International Public Limited Company</name>
        <lei>N/A</lei>
        <title>WEATHERFORD INTERNATIONAL PLC COMMON STOCK USD.001</title>
        <cusip>G48833118</cusip>
        <identifiers>
          <isin value="IE00BLNN3691"/>
          <ticker value="WFRD US"/>
        </identifiers>
        <balance>25900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2110850</valUSD>
        <pctVal>0.3070967212</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>White Mountains Insurance Group Ltd.</name>
        <lei>549300N3FL068JERBG02</lei>
        <title>WHITE MOUNTAINS INSURANCE GROU COMMON STOCK USD1.0</title>
        <cusip>G9618E107</cusip>
        <identifiers>
          <isin value="BMG9618E1075"/>
          <ticker value="WTM US"/>
        </identifiers>
        <balance>678</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1405758.42</valUSD>
        <pctVal>0.2045165699</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>Transocean Ltd.</name>
        <lei>N/A</lei>
        <title>TRANSOCEAN LTD COMMON STOCK CHF.1</title>
        <cusip>H8817H100</cusip>
        <identifiers>
          <isin value="CH0048265513"/>
          <ticker value="RIG US"/>
        </identifiers>
        <balance>258541</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1264265.49</valUSD>
        <pctVal>0.1839314905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Birkenstock Holding plc</name>
        <lei>N/A</lei>
        <title>BIRKENSTOCK HOLDING PLC COMMON STOCK</title>
        <cusip>M2029K104</cusip>
        <identifiers>
          <isin value="JE00BS44BN30"/>
          <ticker value="BIRK US"/>
        </identifiers>
        <balance>10309</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>443596.27</valUSD>
        <pctVal>0.0645365422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="413461.360000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JFrog Ltd.</name>
        <lei>N/A</lei>
        <title>JFROG LTD COMMON STOCK</title>
        <cusip>M6191J100</cusip>
        <identifiers>
          <isin value="IL0011684185"/>
          <ticker value="FROG US"/>
        </identifiers>
        <balance>23395</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2126137.6</valUSD>
        <pctVal>0.3093208356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deduction of sales loads and redemption fees, if applicable." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-07-27</ncom:dateSigned>
      <ncom:nameOfApplicant>John Hancock Exchange-Traded Fund Trust</ncom:nameOfApplicant>
      <ncom:signature>/s/Salvatore Schiavone</ncom:signature>
      <ncom:signerName>Salvatore Schiavone</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
