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        <name>BLACK HILLS CORPORATION</name>
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        <name>CECO ENVIRONMENTAL CORP.</name>
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        <name>CVB FINANCIAL CORP.</name>
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        <name>CALIX, INC.</name>
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        <name>CAMDEN PROPERTY TRUST</name>
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        <name>CAPITOL FEDERAL FINANCIAL, INC.</name>
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        <name>CarMax, Inc.</name>
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        <name>CENTRAL PACIFIC FINANCIAL CORP.</name>
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        <name>CG Oncology Inc</name>
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        <name>Collegium Pharmaceutical, Inc.</name>
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        <name>CONMED CORPORATION</name>
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        <name>CONNECTONE BANCORP, INC.</name>
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        <name>COOPER-STANDARD HOLDINGS INC.</name>
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        <name>CUSTOM TRUCK ONE SOURCE, INC.</name>
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        <name>DANA INCORPORATED</name>
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        <name>DigitalOcean Holdings, Inc.</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DIME COMMUNITY BANCSHARES, INC.</name>
        <lei>N/A</lei>
        <title>DIME COMMUNITY BANCSHARES INC</title>
        <cusip>25432X102</cusip>
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          <isin value="US25432X1028"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DIODES INCORPORATED</name>
        <lei>549300XP2X1ARVH3BX23</lei>
        <title>DIODES INC</title>
        <cusip>254543101</cusip>
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        <balance>890.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Disc Medicine Inc</name>
        <lei>N/A</lei>
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          <isin value="US2546041011"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DONEGAL GROUP INC.</name>
        <lei>N/A</lei>
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          <isin value="US2577012014"/>
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        <balance>2937.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DOUBLEVERIFY HOLDINGS, INC.</name>
        <lei>N/A</lei>
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          <isin value="US25862V1052"/>
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        <balance>5874.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DOUGLAS DYNAMICS, INC.</name>
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          <isin value="US25960R1059"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DRIVEN BRANDS HOLDINGS INC.</name>
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          <isin value="US26210V1026"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DYCOM INDUSTRIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dyne Therapeutics, Inc</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EASTERN BANKSHARES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EASTGROUP PROPERTIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ELEMENT SOLUTIONS INC</name>
        <lei>549300FLGN6P5CU20J91</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>EMBECTA CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ENACT HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ENERPAC TOOL GROUP CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Enliven Therapeutics Inc</name>
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        <name>ENPHASE ENERGY, INC.</name>
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        <name>ENVISTA HOLDINGS CORPORATION</name>
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        <name>EPLUS INC.</name>
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        <name>VESTIS CORPORATION</name>
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        <name>Erasca Inc</name>
        <lei>N/A</lei>
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        <name>Evolv Technologies Holdings Inc</name>
        <lei>N/A</lei>
        <title>EVOLV TECHNOLOGIES HOLDINGS INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>EVgo Inc</name>
        <lei>254900NJU5Y3D9R42S26</lei>
        <title>EVGO INC</title>
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        <name>GREIF, INC.</name>
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        <name>GRIFFON CORPORATION</name>
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        <name>GROUP 1 AUTOMOTIVE, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HA SUSTAINABLE INFRASTRUCTURE CAPITAL, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>HARMONIC INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HARMONY BIOSCIENCES HOLDINGS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HEALTHSTREAM, INC.</name>
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        <name>HELIOS TECHNOLOGIES, INC.</name>
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        <name>JACK HENRY &amp; ASSOCIATES, INC.</name>
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        <name>HERITAGE FINANCIAL CORPORATION</name>
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        <name>HIGHWOODS PROPERTIES, INC.</name>
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        <name>HILLMAN SOLUTIONS CORP.</name>
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        <name>Hippo Holdings Inc</name>
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        <name>HORIZON BANCORP, INC.</name>
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        <name>HURON CONSULTING GROUP INC.</name>
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        <name>IRHYTHM HOLDINGS, INC.</name>
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        <name>KB HOME</name>
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        <name>Klaviyo Inc</name>
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        <name>LIBERTY ENERGY INC.</name>
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        <name>LIFE360, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>LITHIA MOTORS, INC.</name>
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      <invstOrSec>
        <name>Live Oak Bancshares, Inc.</name>
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        <name>MSC INDUSTRIAL DIRECT CO., INC.</name>
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        <name>MYR GROUP INC.</name>
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        <name>MARTEN TRANSPORT, LTD.</name>
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        <name>MASTERBRAND, INC.</name>
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        <name>Maze Therapeutics Inc</name>
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        <name>Mediaalpha Inc</name>
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        <name>MODINE MANUFACTURING COMPANY</name>
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        <name>Navitas Semiconductor Corp</name>
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        <name>NERDWALLET, INC.</name>
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        <name>NETGEAR, INC.</name>
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        <name>NEWMARK GROUP, INC.</name>
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        <name>NEXTPOWER INC.</name>
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        <name>XPLR INFRASTRUCTURE, LP</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NEXTNAV INC.</name>
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        <name>NORTHWEST BANCSHARES, INC.</name>
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        <name>NOVANTA INC.</name>
        <lei>N/A</lei>
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        <name>DNOW INC.</name>
        <lei>549300AVH5SOCFVVDW91</lei>
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        <name>Nuvation Bio Inc</name>
        <lei>N/A</lei>
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        <name>OGE ENERGY CORP.</name>
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        <name>OMNICELL, INC.</name>
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        <name>Oric Pharmaceuticals Inc</name>
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        <name>ORMAT TECHNOLOGIES, INC.</name>
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        <name>Payoneer Global Inc</name>
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        <name>THE PENNANT GROUP, INC.</name>
        <lei>5493007H2OYR6BYLDA64</lei>
        <title>PENNANT GROUP INC THE</title>
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        <name>PENNYMAC FINANCIAL SERVICES, INC.</name>
        <lei>549300W1D516HBDEU871</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RESIDEO TECHNOLOGIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>REVOLUTION MEDICINES, INC.</name>
        <lei>549300JU3X0LBCQ65892</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ROGERS CORPORATION</name>
        <lei>PW0CN80KNFR7RUOOKJ84</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ROOT, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>H2O AMERICA</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SAREPTA THERAPEUTICS, INC.</name>
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          <isin value="US8036071004"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SAVERS VALUE VILLAGE, INC.</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SCANSOURCE, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Scholar Rock Holding Corp</name>
        <lei>549300Z1FLPGL4OWJ459</lei>
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          <isin value="US80706P1030"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Schrodinger Inc</name>
        <lei>984500044BAE4791E559</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SEACOAST BANKING CORPORATION OF FLORIDA</name>
        <lei>549300V6IC06XYQYPG88</lei>
        <title>SEACOAST BANKING CORP OF FLORIDA</title>
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          <isin value="US8117078019"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SELECTIVE INSURANCE GROUP, INC.</name>
        <lei>549300R3WGJWLE40R258</lei>
        <title>SELECTIVE INSURANCE GROUP INC</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GeneDx Holdings Corp</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SHIFT4 PAYMENTS INC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Shoals Technologies Group Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>SHORE BANCSHARES, INC.</name>
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        <name>SI-BONE Inc</name>
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        <name>SILICON LABORATORIES INC.</name>
        <lei>4PRDF8Q9TDHRVZKZSZ47</lei>
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        <name>ARS Pharmaceuticals Inc</name>
        <lei>N/A</lei>
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        <name>SIMMONS FIRST NATIONAL CORPORATION</name>
        <lei>549300IVR5AJKUVOGN05</lei>
        <title>SIMMONS FIRST NATIONAL CORP</title>
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        <name>Sionna Therapeutics Inc</name>
        <lei>N/A</lei>
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        <name>SiTime Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CHAMPION HOMES, INC</name>
        <lei>2549008RYT2Y0VBZTC29</lei>
        <title>CHAMPION HOMES INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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          <isin value="US8309401029"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Soleno Therapeutics Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Solid Power Inc</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SONIC AUTOMOTIVE, INC.</name>
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          <isin value="US83545G1022"/>
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        <fairValLevel>1</fairValLevel>
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        <name>SONOS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SOUTHSIDE BANCSHARES, INC.</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SOUTHWEST GAS HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>STERLING INFRASTRUCTURE, INC.</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Stoke Therapeutics Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>STRATEGIC EDUCATION, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>STRIDE, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SUPERNUS PHARMACEUTICALS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SYLVAMO CORPORATION</name>
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        <name>SYNAPTICS INCORPORATED</name>
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        <name>Syndax Pharmaceuticals Inc</name>
        <lei>529900OF94TRHKZVBS87</lei>
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        <name>TFS FINANCIAL CORPORATION</name>
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        <name>Tarsus Pharmaceuticals Inc</name>
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        <name>Taysha Gene Therapies Inc</name>
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        <name>THOR INDUSTRIES, INC.</name>
        <lei>254900XZO1228PDSG060</lei>
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        <name>ThredUp Inc</name>
        <lei>549300JKGKTKX3L3XK25</lei>
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        <name>TRANSCAT, INC.</name>
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        <name>TRANSMEDICS GROUP, INC.</name>
        <lei>549300060GVOSMWARH50</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>TRAVERE THERAPEUTICS, INC.</name>
        <lei>N/A</lei>
        <title>TRAVERE THERAPEUTICS INC</title>
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        <name>Udemy Inc</name>
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        <name>Ultragenyx Pharmaceutical Inc</name>
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        <name>UNITI GROUP INC.</name>
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        <name>UWM HOLDINGS CORPORATION</name>
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        <name>Vaxcyte Inc</name>
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        <name>Veracyte Inc</name>
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        <name>Viking Therapeutics Inc</name>
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        <name>VISTEON CORPORATION</name>
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        <name>THE VITA COCO COMPANY, INC.</name>
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        <name>VONTIER CORPORATION</name>
        <lei>549300VVSQLG4P5K4639</lei>
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        <name>WALKER &amp; DUNLOP, INC.</name>
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        <name>Alpha and Omega Semiconductor Ltd</name>
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    <signature>
      <ncom:dateSigned>2026-06-01</ncom:dateSigned>
      <ncom:nameOfApplicant>Strategy Shares</ncom:nameOfApplicant>
      <ncom:signature>James Szilagyi</ncom:signature>
      <ncom:signerName>James Szilagyi</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
