<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001537140</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>

      <seriesClassInfo>
        <seriesId>S000051248</seriesId>
        <classId>C000161620</classId>
        <classId>C000161621</classId>
        <classId>C000161622</classId>
      </seriesClassInfo>

    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>NORTHERN LIGHTS FUND TRUST III</regName>
      <regFileNumber>811-22655</regFileNumber>
      <regCik>0001537140</regCik>
      <regLei>549300PPUECJSQFBYV98</regLei>
      <regStreet1>225 PICTORIA DRIVE</regStreet1>
      <regStreet2>SUITE 450</regStreet2>
      <regCity>CINCINNATI</regCity>
      <regStateConditional regCountry="US" regState="US-OH"/>
      <regZipOrPostalCode>45246</regZipOrPostalCode>
      <regPhone>631-470-2600</regPhone>
      <seriesName>Counterpoint Tactical Equity Fund</seriesName>
      <seriesId>S000051248</seriesId>
      <seriesLei>549300NNOS65VHRUYC83</seriesLei>
      <repPdEnd>2025-09-30</repPdEnd>
      <repPdDate>2025-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>784160144.79</totAssets>
      <totLiabs>417781165.04</totLiabs>
      <netAssets>366378979.75</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>10214020.64000000</cshNotRptdInCorD>
      <borrowers>
        <borrower aggrVal="849889.21000000" lei="RCNB6OTYUAMMP879YW96" name="BNP PARIBAS SECURITIES CORPORATION"/>
        <borrower aggrVal="392136.32000000" lei="549300HN4UKV1E2R3U73" name="BOFA SECURITIES, INC."/>
        <borrower aggrVal="2051393.75000000" lei="FOR8UP27PHTHYVLBNG30" name="GOLDMAN SACHS &amp; CO. LLC"/>
        <borrower aggrVal="246854.40000000" lei="ZBUT11V806EZRVTWT807" name="J.P. MORGAN SECURITIES LLC"/>
        <borrower aggrVal="1412947.67000000" lei="9R7GPTSO7KV3UQJZQ078" name="MORGAN STANLEY &amp; CO. LLC"/>
        <borrower aggrVal="385234.25000000" lei="549300QJJX6CVVUXLE15" name="RBC DOMINION SECURITIES INC."/>
        <borrower aggrVal="84431.36000000" lei="549300ZBQI1JB1844X09" name="TD PRIME SERVICES LLC"/>
        <borrower aggrVal="75852.00000000" lei="549300CSX55MXZ47EI78" name="WEDBUSH SECURITIES INC."/>
      </borrowers>
      <aggregateCondition isNonCashCollateral="Y">
        <aggregateInfos>
          <aggregateInfo amt="3100613.68360000" collatrl="2922005.51650000">
            <invstCat>UST</invstCat>
          </aggregateInfo>
        </aggregateInfos>
      </aggregateCondition>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000161620" rtn1="4.58000000" rtn2="0.57000000" rtn3="-0.66000000"/>
          <monthlyTotReturn classId="C000161621" rtn1="4.50000000" rtn2="0.52000000" rtn3="-0.71000000"/>
          <monthlyTotReturn classId="C000161622" rtn1="4.57000000" rtn2="0.56000000" rtn3="-0.60000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
            <mon1 netRealizedGain="56128.54000000" netUnrealizedAppr="-440837.50000000"/>
            <mon2 netRealizedGain="-237112.50000000" netUnrealizedAppr="-832775.00000000"/>
            <mon3 netRealizedGain="4262505.44000000" netUnrealizedAppr="1532024.10000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="56128.54000000" netUnrealizedAppr="50812.50000000"/>
              <instrMon2 netRealizedGain="-97162.50000000" netUnrealizedAppr="-131525.00000000"/>
              <instrMon3 netRealizedGain="-1163962.48000000" netUnrealizedAppr="106912.50000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="-491650.00000000"/>
              <instrMon2 netRealizedGain="-139950.00000000" netUnrealizedAppr="-701250.00000000"/>
              <instrMon3 netRealizedGain="5426467.92000000" netUnrealizedAppr="1425111.60000000"/>
            </optionCategory>
          </equityContracts>
          <otherContracts>
            <mon1 netRealizedGain="-3424.56000000" netUnrealizedAppr="2579367.65000000"/>
            <mon2 netRealizedGain="-962.30000000" netUnrealizedAppr="11782871.01000000"/>
            <mon3 netRealizedGain="11327754.99000000" netUnrealizedAppr="-520135.27000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="-3424.56000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="-962.30000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="-348.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="2579367.65000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="11782871.01000000"/>
              <instrMon3 netRealizedGain="11328102.99000000" netUnrealizedAppr="-520135.27000000"/>
            </swapCategory>
          </otherContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="498609.28000000" netUnrealizedAppr="11514107.87000000"/>
        <othMon2 netRealizedGain="4174938.34000000" netUnrealizedAppr="-12510475.08000000"/>
        <othMon3 netRealizedGain="-8604750.79000000" netUnrealizedAppr="-9408713.14000000"/>
      </returnInfo>
      <mon1Flow redemption="24463550.37000000" reinvestment="0.00000000" sales="25188122.45000000"/>
      <mon2Flow redemption="6274069.30000000" reinvestment="0.00000000" sales="33976440.35000000"/>
      <mon3Flow redemption="7191166.43000000" reinvestment="0.00000000" sales="33004965.44000000"/>


      <varInfo>

        <fundsDesignatedInfo>
          <nameDesignatedIndex>S&amp;P 500 (TR)</nameDesignatedIndex>
          <indexIdentifier>500TR</indexIdentifier>

        </fundsDesignatedInfo>

      </varInfo>
    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>AMN Healthcare Services Inc</name>
        <lei>529900W3ARRTCNFH2I39</lei>
        <title>AMN HEALTHCARE</title>
        <cusip>001744101</cusip>
        <identifiers>
          <isin value="US0017441017"/>
        </identifiers>
        <balance>32476.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>794362.96000000</valUSD>
        <pctVal>0.216814556485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>A10 Networks Inc</name>
        <lei>549300UQD4IWUML81Q35</lei>
        <title>A10 NETWORKS INC</title>
        <cusip>002121101</cusip>
        <identifiers>
          <isin value="US0021211018"/>
        </identifiers>
        <balance>44153.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>721460.02000000</valUSD>
        <pctVal>0.196916324318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Abercrombie &amp; Fitch Co</name>
        <lei>5493000J7LL72TOGT983</lei>
        <title>ABERCROMBIE &amp; FI</title>
        <cusip>002896207</cusip>
        <identifiers>
          <isin value="US0028962076"/>
        </identifiers>
        <balance>5340.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>407815.80000000</valUSD>
        <pctVal>0.111309824673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Acadia Healthcare Company, Inc.</name>
        <lei>5493005CW985Y9D0NC11</lei>
        <title>ACADIA HEALTHCAR</title>
        <cusip>00404A109</cusip>
        <identifiers>
          <isin value="US00404A1097"/>
        </identifiers>
        <balance>26826.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>813364.32000000</valUSD>
        <pctVal>0.222000814717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Accel Entertainment Inc</name>
        <lei>N/A</lei>
        <title>ACCEL ENTERTAINMENT INC</title>
        <cusip>00436Q106</cusip>
        <identifiers>
          <isin value="US00436Q1067"/>
        </identifiers>
        <balance>33913.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>336416.96000000</valUSD>
        <pctVal>0.091822123700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACI Worldwide Inc</name>
        <lei>5493003BPVMZUJ6F5C02</lei>
        <title>ACI WORLDWIDE IN</title>
        <cusip>004498101</cusip>
        <identifiers>
          <isin value="US0044981019"/>
        </identifiers>
        <balance>14719.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>805276.49000000</valUSD>
        <pctVal>0.219793310890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADTRAN Holdings Inc</name>
        <lei>549300VV36J86CRRWF77</lei>
        <title>ADTRAN HOLDINGS</title>
        <cusip>00486H105</cusip>
        <identifiers>
          <isin value="US00486H1059"/>
        </identifiers>
        <balance>86584.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>755012.48000000</valUSD>
        <pctVal>0.206074180487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adobe Inc</name>
        <lei>FU4LY2G4933NH2E1CP29</lei>
        <title>ADOBE INC</title>
        <cusip>00724F101</cusip>
        <identifiers>
          <isin value="US00724F1012"/>
        </identifiers>
        <balance>897.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>344026.41000000</valUSD>
        <pctVal>0.093899057810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AECOM</name>
        <lei>0EEB8GF0W0NPCIHZX097</lei>
        <title>AECOM</title>
        <cusip>00766T100</cusip>
        <identifiers>
          <isin value="US00766T1007"/>
        </identifiers>
        <balance>8012.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>742952.76000000</valUSD>
        <pctVal>0.202782583353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Micro Devices Inc.</name>
        <lei>R2I72C950HOYXII45366</lei>
        <title>ADV MICRO DEVICE</title>
        <cusip>007903107</cusip>
        <identifiers>
          <isin value="US0079031078"/>
        </identifiers>
        <balance>3369.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>346131.06000000</valUSD>
        <pctVal>0.094473503975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Agilon Health Inc</name>
        <lei>N/A</lei>
        <title>AGILON HEALTH IN</title>
        <cusip>00857U107</cusip>
        <identifiers>
          <isin value="US00857U1079"/>
        </identifiers>
        <balance>184911.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>800664.63000000</valUSD>
        <pctVal>0.218534543260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Airbnb Inc</name>
        <lei>549300HMUDNO0RY56D37</lei>
        <title>AIRBNB INC-A</title>
        <cusip>009066101</cusip>
        <identifiers>
          <isin value="US0090661010"/>
        </identifiers>
        <balance>2742.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>327559.32000000</valUSD>
        <pctVal>0.089404506837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alcoa Corporation</name>
        <lei>549300T12EZ1F6PWWU29</lei>
        <title>ALCOA CORP</title>
        <cusip>013872106</cusip>
        <identifiers>
          <isin value="US0138721065"/>
        </identifiers>
        <balance>22202.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>677161.00000000</valUSD>
        <pctVal>0.184825286773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Align Technology Inc.</name>
        <lei>549300N5YSE0U3LCP840</lei>
        <title>ALIGN TECHNOLOGY</title>
        <cusip>016255101</cusip>
        <identifiers>
          <isin value="US0162551016"/>
        </identifiers>
        <balance>2034.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>323121.24000000</valUSD>
        <pctVal>0.088193170967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allison Transmission Holdings Inc</name>
        <lei>529900RP7DJ882LI9T83</lei>
        <title>ALLISON TRANSMIS</title>
        <cusip>01973R101</cusip>
        <identifiers>
          <isin value="US01973R1014"/>
        </identifiers>
        <balance>3876.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>370816.92000000</valUSD>
        <pctVal>0.101211297725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ameresco Inc</name>
        <lei>529900NZXZGBCBXYY327</lei>
        <title>AMERESCO INC-A</title>
        <cusip>02361E108</cusip>
        <identifiers>
          <isin value="US02361E1082"/>
        </identifiers>
        <balance>31542.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>381027.36000000</valUSD>
        <pctVal>0.103998149746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Andersons Inc</name>
        <lei>L38MWB8MVRFV7HVJPU11</lei>
        <title>ANDERSONS INC</title>
        <cusip>034164103</cusip>
        <identifiers>
          <isin value="US0341641035"/>
        </identifiers>
        <balance>7511.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>322447.23000000</valUSD>
        <pctVal>0.088009205719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Antero Resources Corporation</name>
        <lei>APVBKPOULHUX7YZLKU17</lei>
        <title>ANTERO RESOURCES</title>
        <cusip>03674X106</cusip>
        <identifiers>
          <isin value="US03674X1063"/>
        </identifiers>
        <balance>19803.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>800833.32000000</valUSD>
        <pctVal>0.218580585749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apogee Enterprises Inc.</name>
        <lei>549300579S7QW8V4IJ60</lei>
        <title>APOGEE ENTERPR</title>
        <cusip>037598109</cusip>
        <identifiers>
          <isin value="US0375981091"/>
        </identifiers>
        <balance>8862.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>410576.46000000</valUSD>
        <pctVal>0.112063323141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arcbest Corporation</name>
        <lei>5493006S3KBNE8ZS3J23</lei>
        <title>ARCBEST CORP</title>
        <cusip>03937C105</cusip>
        <identifiers>
          <isin value="US03937C1053"/>
        </identifiers>
        <balance>4537.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>320221.46000000</valUSD>
        <pctVal>0.087401700888</pctVal>
        <payoffProfile>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="99120.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Archrock Inc</name>
        <lei>549300K3RIHMHDVFTL28</lei>
        <title>ARCHROCK INC</title>
        <cusip>03957W106</cusip>
        <identifiers>
          <isin value="US03957W1062"/>
        </identifiers>
        <balance>29951.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>785914.24000000</valUSD>
        <pctVal>0.214508550827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aris Water Solutions Inc</name>
        <lei>N/A</lei>
        <title>ARIS WATER SOL-A</title>
        <cusip>04041L106</cusip>
        <identifiers>
          <isin value="US04041L1061"/>
        </identifiers>
        <balance>24967.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>799942.68000000</valUSD>
        <pctVal>0.218337493200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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</title>
        <cusip>04247X102</cusip>
        <identifiers>
          <isin value="US04247X1028"/>
        </identifiers>
        <balance>5529.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>778925.52000000</valUSD>
        <pctVal>0.212601039647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Atlassian Corporation</name>
        <lei>549300V7ZY5P02D2MY38</lei>
        <title>ATLASSIAN CORP-A</title>
        <cusip>049468101</cusip>
        <identifiers>
          <isin value="US0494681010"/>
        </identifiers>
        <balance>3345.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>709842.45000000</valUSD>
        <pctVal>0.193745408233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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</title>
        <cusip>04956D107</cusip>
        <identifiers>
          <isin value="US04956D1072"/>
        </identifiers>
        <balance>11179.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>410604.67000000</valUSD>
        <pctVal>0.112071022819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Autodesk Inc</name>
        <lei>FRKKVKAIQEF3FCSTPG55</lei>
        <title>AUTODESK INC</title>
        <cusip>052769106</cusip>
        <identifiers>
          <isin value="US0527691069"/>
        </identifiers>
        <balance>1443.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>377777.40000000</valUSD>
        <pctVal>0.103111101040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AvePoint Inc.</name>
        <lei>N/A</lei>
        <title>AVEPOINT INC</title>
        <cusip>053604104</cusip>
        <identifiers>
          <isin value="US0536041041"/>
        </identifiers>
        <balance>27349.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>394919.56000000</valUSD>
        <pctVal>0.107789906579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AxoGen Inc.</name>
        <lei>N/A</lei>
        <title>AXOGEN INC</title>
        <cusip>05463X106</cusip>
        <identifiers>
          <isin value="US05463X1063"/>
        </identifiers>
        <balance>43302.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>801087.00000000</valUSD>
        <pctVal>0.218649825529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BWX Technologies Inc</name>
        <lei>549300NP85N265KWMS58</lei>
        <title>BWX TECHNOLOGIES</title>
        <cusip>05605H100</cusip>
        <identifiers>
          <isin value="US05605H1005"/>
        </identifiers>
        <balance>7744.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>763945.60000000</valUSD>
        <pctVal>0.208512398970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Badger Meter Inc</name>
        <lei>5493002JENE20OGTUG20</lei>
        <title>BADGER METER INC</title>
        <cusip>056525108</cusip>
        <identifiers>
          <isin value="US0565251081"/>
        </identifiers>
        <balance>2176.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>413984.00000000</valUSD>
        <pctVal>0.112993381957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Balchem Corp</name>
        <lei>549300VR70OPMHUI3557</lei>
        <title>BALCHEM CORP</title>
        <cusip>057665200</cusip>
        <identifiers>
          <isin value="US0576652004"/>
        </identifiers>
        <balance>4685.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>777710.00000000</valUSD>
        <pctVal>0.212269273889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Belden Inc.</name>
        <lei>68BKYO1JC791TTJHUE82</lei>
        <title>BELDEN INC</title>
        <cusip>077454106</cusip>
        <identifiers>
          <isin value="US0774541066"/>
        </identifiers>
        <balance>7409.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>742752.25000000</valUSD>
        <pctVal>0.202727855868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BellRing Intermediate Holdings Inc.</name>
        <lei>549300S3BOK5CMTS8054</lei>
        <title>BELLRING BRANDS</title>
        <cusip>07831C103</cusip>
        <identifiers>
          <isin value="US07831C1036"/>
        </identifiers>
        <balance>10729.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>798881.34000000</valUSD>
        <pctVal>0.218047809550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BILL Holdings Inc</name>
        <lei>549300IBF9VZZIGOZW63</lei>
        <title>BILL HOLDINGS IN</title>
        <cusip>090043100</cusip>
        <identifiers>
          <isin value="US0900431000"/>
        </identifiers>
        <balance>7830.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>359318.70000000</valUSD>
        <pctVal>0.098072957199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>TFDXX LEX BLACKROCK FED FUND</title>
        <cusip>09248U700</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="CASHCOLLREINV"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="REINVESTED COLLATERAL" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="700000.00000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Block(H&amp;R)Inc</name>
        <lei>549300CE3KUCWLZBG404</lei>
        <title>H&amp;R BLOCK INC</title>
        <cusip>093671105</cusip>
        <identifiers>
          <isin value="US0936711052"/>
        </identifiers>
        <balance>6857.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>376517.87000000</valUSD>
        <pctVal>0.102767323129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bloomin Brands Inc</name>
        <lei>E1UJ2GO305B5FXGV7N04</lei>
        <title>BLOOMIN' BRANDS</title>
        <cusip>094235108</cusip>
        <identifiers>
          <isin value="US0942351083"/>
        </identifiers>
        <balance>51396.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368509.32000000</valUSD>
        <pctVal>0.100581458098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Corp</name>
        <lei>549300G2LEQOFQC8GY34</lei>
        <title>BRADY CORP - A</title>
        <cusip>104674106</cusip>
        <identifiers>
          <isin value="US1046741062"/>
        </identifiers>
        <balance>5874.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>414939.36000000</valUSD>
        <pctVal>0.113254139274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brinker International, Inc.</name>
        <lei>52990067JY6PBGJNTG76</lei>
        <title>BRINKER INTL</title>
        <cusip>109641100</cusip>
        <identifiers>
          <isin value="US1096411004"/>
        </identifiers>
        <balance>5407.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>805913.35000000</valUSD>
        <pctVal>0.219967136365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brinks Company</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BRINK'S CO/THE</title>
        <cusip>109696104</cusip>
        <identifiers>
          <isin value="US1096961040"/>
        </identifiers>
        <balance>4880.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>420460.80000000</valUSD>
        <pctVal>0.114761168964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bumble Inc</name>
        <lei>N/A</lei>
        <title>BUMBLE INC-A</title>
        <cusip>12047B105</cusip>
        <identifiers>
          <isin value="US12047B1052"/>
        </identifiers>
        <balance>76095.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>330252.30000000</valUSD>
        <pctVal>0.090139532629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Butterfly Network Inc</name>
        <lei>N/A</lei>
        <title>BUTTERFLY NETWOR</title>
        <cusip>124155102</cusip>
        <identifiers>
          <isin value="US1241551027"/>
        </identifiers>
        <balance>152147.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>346895.16000000</valUSD>
        <pctVal>0.094682058516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>C3.ai Inc</name>
        <lei>549300YDLK0YQO5B1V80</lei>
        <title>C3.AI INC-A</title>
        <cusip>12468P104</cusip>
        <identifiers>
          <isin value="US12468P1049"/>
        </identifiers>
        <balance>17251.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>363133.55000000</valUSD>
        <pctVal>0.099114187786</pctVal>
        <payoffProfile>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="376244.31000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CNO Financial Group, Inc.</name>
        <lei>11XPYHB76MPM4Y4P2897</lei>
        <title>CNO FINANCIAL GR</title>
        <cusip>12621E103</cusip>
        <identifiers>
          <isin value="US12621E1038"/>
        </identifiers>
        <balance>10028.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>417666.20000000</valUSD>
        <pctVal>0.113998406864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Topgolf Callaway Brands Corp</name>
        <lei>5493005UB0KFRKBPCU72</lei>
        <title>TOPGOLF CALLAWAY</title>
        <cusip>131193104</cusip>
        <identifiers>
          <isin value="US1311931042"/>
        </identifiers>
        <balance>120678.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>795268.02000000</valUSD>
        <pctVal>0.217061584849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>54930027BKQN6B7X7G78</lei>
        <title>CARGURUS INC</title>
        <cusip>141788109</cusip>
        <identifiers>
          <isin value="US1417881091"/>
        </identifiers>
        <balance>13452.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>391856.76000000</valUSD>
        <pctVal>0.106953941590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Carvana Co</name>
        <lei>5493003WEAK2PJ5WS063</lei>
        <title>CARVANA CO</title>
        <cusip>146869102</cusip>
        <identifiers>
          <isin value="US1468691027"/>
        </identifiers>
        <balance>1960.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>409796.80000000</valUSD>
        <pctVal>0.111850521631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caterpillar Inc</name>
        <lei>WRJR7GS4GTRECRRTVX92</lei>
        <title>CATERPILLAR INC</title>
        <cusip>149123101</cusip>
        <identifiers>
          <isin value="US1491231015"/>
        </identifiers>
        <balance>2292.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>755901.60000000</valUSD>
        <pctVal>0.206316858165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ceva Inc</name>
        <lei>529900G9T7CVU2J2VU73</lei>
        <title>CEVA INC</title>
        <cusip>157210105</cusip>
        <identifiers>
          <isin value="US1572101053"/>
        </identifiers>
        <balance>14517.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>371780.37000000</valUSD>
        <pctVal>0.101474263139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chipotle Mexican Grill Inc</name>
        <lei>N/A</lei>
        <title>CHIPOTLE MEXICAN</title>
        <cusip>169656105</cusip>
        <identifiers>
          <isin value="US1696561059"/>
        </identifiers>
        <balance>6766.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>339720.86000000</valUSD>
        <pctVal>0.092723894867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC</title>
        <cusip>172967424</cusip>
        <identifiers>
          <isin value="US1729674242"/>
        </identifiers>
        <balance>5459.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>387534.41000000</valUSD>
        <pctVal>0.105774193231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citizens Financial Group Inc</name>
        <lei>2138004JDDA4ZQUPFW65</lei>
        <title>CITIZENS FINANCI</title>
        <cusip>174610105</cusip>
        <identifiers>
          <isin value="US1746101054"/>
        </identifiers>
        <balance>8631.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>353612.07000000</valUSD>
        <pctVal>0.096515381488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clover Health Investments Corp</name>
        <lei>5493000HLYOYQU6LK133</lei>
        <title>CLOVER HEALTH IN</title>
        <cusip>18914F103</cusip>
        <identifiers>
          <isin value="US18914F1030"/>
        </identifiers>
        <balance>111054.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>398683.86000000</valUSD>
        <pctVal>0.108817339977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coherent Corp</name>
        <lei>549300O5C25A0MMHHU33</lei>
        <title>COHERENT CORP</title>
        <cusip>19247G107</cusip>
        <identifiers>
          <isin value="US19247G1076"/>
        </identifiers>
        <balance>11143.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>723626.42000000</valUSD>
        <pctVal>0.197507624616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coinbase Global Inc</name>
        <lei>5493004G3J2SC154DU06</lei>
        <title>COINBASE GLOBA-A</title>
        <cusip>19260Q107</cusip>
        <identifiers>
          <isin value="US19260Q1076"/>
        </identifiers>
        <balance>1866.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>321381.18000000</valUSD>
        <pctVal>0.087718236515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Comcast Corporation</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>COMCAST CORP-A</title>
        <cusip>20030N101</cusip>
        <identifiers>
          <isin value="US20030N1019"/>
        </identifiers>
        <balance>9402.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>346933.80000000</valUSD>
        <pctVal>0.094692604973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commercial Metals Company</name>
        <lei>549300OQS2LO07ZJ7N73</lei>
        <title>COMMERCIAL METAL</title>
        <cusip>201723103</cusip>
        <identifiers>
          <isin value="US2017231034"/>
        </identifiers>
        <balance>7747.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>356439.47000000</valUSD>
        <pctVal>0.097287096067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CommScope Holding Co Inc.</name>
        <lei>254900AW4CEPCQWSRI58</lei>
        <title>COMMSCOPE HOLDIN</title>
        <cusip>20337X109</cusip>
        <identifiers>
          <isin value="US20337X1090"/>
        </identifiers>
        <balance>73231.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>388856.61000000</valUSD>
        <pctVal>0.106135076380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Compass Inc.</name>
        <lei>254900DMGQSTC3I2IM78</lei>
        <title>COMPASS INC - A</title>
        <cusip>20464U100</cusip>
        <identifiers>
          <isin value="US20464U1007"/>
        </identifiers>
        <balance>84599.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>738549.27000000</valUSD>
        <pctVal>0.201580688527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Comstock Resources, Inc.</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>COMSTOCK RES INC</title>
        <cusip>205768302</cusip>
        <identifiers>
          <isin value="US2057683029"/>
        </identifiers>
        <balance>20679.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>420610.86000000</valUSD>
        <pctVal>0.114802126554</pctVal>
        <payoffProfile>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="694.40000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Corecivic Inc</name>
        <lei>529900JFA3K6PTLT8B15</lei>
        <title>CORECIVIC INC</title>
        <cusip>21871N101</cusip>
        <identifiers>
          <isin value="US21871N1019"/>
        </identifiers>
        <balance>20823.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>422498.67000000</valUSD>
        <pctVal>0.115317388101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coty Inc.</name>
        <lei>549300BO9IWPF3S48F93</lei>
        <title>COTY INC-CL A</title>
        <cusip>222070203</cusip>
        <identifiers>
          <isin value="US2220702037"/>
        </identifiers>
        <balance>65176.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>356512.72000000</valUSD>
        <pctVal>0.097307089026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coursera Inc</name>
        <lei>984500573CA1QB7DAC30</lei>
        <title>COURSERA</title>
        <cusip>22266M104</cusip>
        <identifiers>
          <isin value="US22266M1045"/>
        </identifiers>
        <balance>110047.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>732913.02000000</valUSD>
        <pctVal>0.200042322433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Curtiss-Wright Corp.</name>
        <lei>TEL51ETZWP7D0ZM4X325</lei>
        <title>CURTISS-WRIGHT</title>
        <cusip>231561101</cusip>
        <identifiers>
          <isin value="US2315611010"/>
        </identifiers>
        <balance>1152.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>365495.04000000</valUSD>
        <pctVal>0.099758736227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Customers Bancorp, Inc.</name>
        <lei>549300WLBCHYKZ53FN68</lei>
        <title>CUSTOMERS BANCOR</title>
        <cusip>23204G100</cusip>
        <identifiers>
          <isin value="US23204G1004"/>
        </identifiers>
        <balance>14693.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>737588.60000000</valUSD>
        <pctVal>0.201318481890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DXP Enterprises Inc.</name>
        <lei>N/A</lei>
        <title>DXP ENTERPRISES</title>
        <cusip>233377407</cusip>
        <identifiers>
          <isin value="US2333774071"/>
        </identifiers>
        <balance>4664.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>383660.64000000</valUSD>
        <pctVal>0.104716880936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DXC Technology Company</name>
        <lei>549300DOVZ3EDJB7O259</lei>
        <title>DXC TECHNOLOGY C</title>
        <cusip>23355L106</cusip>
        <identifiers>
          <isin value="US23355L1061"/>
        </identifiers>
        <balance>47170.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>804248.50000000</valUSD>
        <pctVal>0.219512729837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dana Inc.</name>
        <lei>KVWHW7YLZPFJM8QYNJ51</lei>
        <title>DANA INC</title>
        <cusip>235825205</cusip>
        <identifiers>
          <isin value="US2358252052"/>
        </identifiers>
        <balance>53576.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>714168.08000000</valUSD>
        <pctVal>0.194926051840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dentsply Sirona Inc</name>
        <lei>9NHEHR1SOZCYXDO8HO28</lei>
        <title>DENTSPLY SIRONA</title>
        <cusip>24906P109</cusip>
        <identifiers>
          <isin value="US24906P1093"/>
        </identifiers>
        <balance>21557.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>322061.58000000</valUSD>
        <pctVal>0.087903945859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DigitalOcean Holdings Inc</name>
        <lei>549300EPISPY3RE3DL21</lei>
        <title>DIGITALOCEAN HOL</title>
        <cusip>25402D102</cusip>
        <identifiers>
          <isin value="US25402D1028"/>
        </identifiers>
        <balance>11214.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>374435.46000000</valUSD>
        <pctVal>0.102198947181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DoorDash Inc</name>
        <lei>549300NUQ43FGGSK5051</lei>
        <title>DOORDASH INC-A</title>
        <cusip>25809K105</cusip>
        <identifiers>
          <isin value="US25809K1051"/>
        </identifiers>
        <balance>1841.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>336479.57000000</valUSD>
        <pctVal>0.091839212563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DoubleVerify Holdings Inc</name>
        <lei>N/A</lei>
        <title>DOUBLEVERIFY HOL</title>
        <cusip>25862V105</cusip>
        <identifiers>
          <isin value="US25862V1052"/>
        </identifiers>
        <balance>56550.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>756073.50000000</valUSD>
        <pctVal>0.206363776796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>DREYFUS TREASURY &amp; AGENCY LEX</title>
        <cusip>261908107</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="CASHCOLLREINV"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="REINVESTED COLLATERAL" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="1321381.85000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Doximity Inc</name>
        <lei>N/A</lei>
        <title>DOXIMITY INC-A</title>
        <cusip>26622P107</cusip>
        <identifiers>
          <isin value="US26622P1075"/>
        </identifiers>
        <balance>12300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>713769.00000000</valUSD>
        <pctVal>0.194817126377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dutch Bros Inc</name>
        <lei>N/A</lei>
        <title>DUTCH BROS INC-A</title>
        <cusip>26701L100</cusip>
        <identifiers>
          <isin value="US26701L1008"/>
        </identifiers>
        <balance>5973.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368773.02000000</valUSD>
        <pctVal>0.100653432751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enact Holdings Inc</name>
        <lei>9845003CA5664B741N19</lei>
        <title>ENACT HOLDINGS I</title>
        <cusip>29249E109</cusip>
        <identifiers>
          <isin value="US29249E1091"/>
        </identifiers>
        <balance>22463.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>780589.25000000</valUSD>
        <pctVal>0.213055140481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enerpac Tool Group Corp</name>
        <lei>IZW37BPZKUJE1QXGB081</lei>
        <title>ENERPAC TOOL GRO</title>
        <cusip>292765104</cusip>
        <identifiers>
          <isin value="US2927651040"/>
        </identifiers>
        <balance>18525.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>831031.50000000</valUSD>
        <pctVal>0.226822919963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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</title>
        <cusip>29355A107</cusip>
        <identifiers>
          <isin value="US29355A1079"/>
        </identifiers>
        <balance>5570.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>345618.50000000</valUSD>
        <pctVal>0.094333605119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OPTION ISSUER</name>
        <lei>N/A</lei>
        <title>S&amp;P Emini 2nd Wee Apr25P</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="2EJ5P5850 04/11/2025"/>
        </identifiers>
        <balance>140.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1457750.00000000</valUSD>
        <pctVal>0.397880359019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <futrDeriv derivCat="FUT">
                  <counterparties>
                    <counterpartyName>N/A</counterpartyName>
                    <counterpartyLei>N/A</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>Chicago Mercantile Exchange</name>
                    <lei>N/A</lei>
                    <title>S&amp;P EMINI 2ND WKL Jun25</title>
                    <cusip>N/A</cusip>
                    <identifiers>
                      <ticker value="2EM5 Ind"/>
                    </identifiers>
                    <balance>50.00000000</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DE</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>US</invCountry>
                  </derivAddlInfo>
                  <payOffProf>Short</payOffProf>
                  <descRefInstrmnt>
                    <indexBasketInfo>
                      <indexName>CME Standard &amp; Poor's 500 Inde</indexName>
                      <indexIdentifier>SPX</indexIdentifier>
                    </indexBasketInfo>
                  </descRefInstrmnt>
                  <expDate>2025-06-20</expDate>
                  <notionalAmt>14133125.00000000</notionalAmt>
                  <curCd>USD</curCd>
                </futrDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <shareNo>140.00000000</shareNo>
            <exercisePrice>5850.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-04-11</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>232211.60000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Everquote Inc</name>
        <lei>N/A</lei>
        <title>EVERQUOTE INC-A</title>
        <cusip>30041R108</cusip>
        <identifiers>
          <isin value="US30041R1086"/>
        </identifiers>
        <balance>27959.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>732246.21000000</valUSD>
        <pctVal>0.199860322363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evolent Health, Inc.</name>
        <lei>549300CZOCFHQ2BBTR11</lei>
        <title>EVOLENT HEALTH-A</title>
        <cusip>30050B101</cusip>
        <identifiers>
          <isin value="US30050B1017"/>
        </identifiers>
        <balance>83017.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>786170.99000000</valUSD>
        <pctVal>0.214578628538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Excelerate Energy Inc.</name>
        <lei>N/A</lei>
        <title>EXCELERATE ENE-A</title>
        <cusip>30069T101</cusip>
        <identifiers>
          <isin value="US30069T1016"/>
        </identifiers>
        <balance>26661.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>764637.48000000</valUSD>
        <pctVal>0.208701241681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ExlService Holdings Inc.</name>
        <lei>81E3DTNF6OSH489ZOV15</lei>
        <title>EXLSERVICE HOLDI</title>
        <cusip>302081104</cusip>
        <identifiers>
          <isin value="US3020811044"/>
        </identifiers>
        <balance>8990.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>424417.90000000</valUSD>
        <pctVal>0.115841225468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Expedia Group Inc</name>
        <lei>CI7MUJI4USF3V0NJ1H64</lei>
        <title>EXPEDIA GROUP IN</title>
        <cusip>30212P303</cusip>
        <identifiers>
          <isin value="US30212P3038"/>
        </identifiers>
        <balance>2395.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>402599.50000000</valUSD>
        <pctVal>0.109886080329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Expeditors International Of Washington Inc.</name>
        <lei>984500B055A804AB6E40</lei>
        <title>EXPEDITORS INTL</title>
        <cusip>302130109</cusip>
        <identifiers>
          <isin value="US3021301094"/>
        </identifiers>
        <balance>3220.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>387205.00000000</valUSD>
        <pctVal>0.105684283597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Flywire Corporation</name>
        <lei>54930055DSV7NNY4VY66</lei>
        <title>FLYWIRE CORP-VOT</title>
        <cusip>302492103</cusip>
        <identifiers>
          <isin value="US3024921039"/>
        </identifiers>
        <balance>78436.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>745142.00000000</valUSD>
        <pctVal>0.203380117633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FactSet Research Systems Inc.</name>
        <lei>549300ZSJE7NBK6K9P30</lei>
        <title>FACTSET RESEARCH</title>
        <cusip>303075105</cusip>
        <identifiers>
          <isin value="US3030751057"/>
        </identifiers>
        <balance>797.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>362348.08000000</valUSD>
        <pctVal>0.098899800487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fidelity Institutional Cash Portfolios</name>
        <lei>549300SHPEJB1OPRCV46</lei>
        <title>FID-TRSY PT-I</title>
        <cusip>316175504</cusip>
        <identifiers>
          <isin value="US3161755042"/>
        </identifiers>
        <balance>30461711.07000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30461711.07000000</valUSD>
        <pctVal>8.314262758956</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Five Below Inc</name>
        <lei>529900AAXP5Z6BGI7418</lei>
        <title>FIVE BELOW</title>
        <cusip>33829M101</cusip>
        <identifiers>
          <isin value="US33829M1018"/>
        </identifiers>
        <balance>4922.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368780.85000000</valUSD>
        <pctVal>0.100655569883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Five9 Inc.</name>
        <lei>254900MXP6EWY0SFFR59</lei>
        <title>FIVE9 INC</title>
        <cusip>338307101</cusip>
        <identifiers>
          <isin value="US3383071012"/>
        </identifiers>
        <balance>13687.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>371602.05000000</valUSD>
        <pctVal>0.101425592225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fluence Energy Inc</name>
        <lei>25490043LHZ97BT5PP29</lei>
        <title>FLUENCE ENERGY I</title>
        <cusip>34379V103</cusip>
        <identifiers>
          <isin value="US34379V1035"/>
        </identifiers>
        <balance>150689.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>730841.65000000</valUSD>
        <pctVal>0.199476959758</pctVal>
        <payoffProfile>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="621802.80000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fortinet Inc</name>
        <lei>549300O0QJWDBAS0QX03</lei>
        <title>FORTINET INC</title>
        <cusip>34959E109</cusip>
        <identifiers>
          <isin value="US34959E1091"/>
        </identifiers>
        <balance>3720.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>358087.20000000</valUSD>
        <pctVal>0.097736829837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fox Factory Holding Corporation</name>
        <lei>529900GE1HSV0617R721</lei>
        <title>FOX FACTORY HOLD</title>
        <cusip>35138V102</cusip>
        <identifiers>
          <isin value="US35138V1026"/>
        </identifiers>
        <balance>31420.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>733342.80000000</valUSD>
        <pctVal>0.200159627198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Franklin Electric Co Inc</name>
        <lei>RR6AURIKMXUE4Q24G284</lei>
        <title>FRANKLIN ELEC CO</title>
        <cusip>353514102</cusip>
        <identifiers>
          <isin value="US3535141028"/>
        </identifiers>
        <balance>3811.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>357776.68000000</valUSD>
        <pctVal>0.097652076067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Frontier Group Holdings Inc</name>
        <lei>549300DT3Y2BHO6G7T02</lei>
        <title>FRONTIER GROUP H</title>
        <cusip>35909R108</cusip>
        <identifiers>
          <isin value="US35909R1086"/>
        </identifiers>
        <balance>140795.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>611050.30000000</valUSD>
        <pctVal>0.166780938256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fubotv Inc.</name>
        <lei>N/A</lei>
        <title>FUBOTV INC</title>
        <cusip>35953D104</cusip>
        <identifiers>
          <isin value="US35953D1046"/>
        </identifiers>
        <balance>246570.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>719984.40000000</valUSD>
        <pctVal>0.196513566496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>General Motors Company</name>
        <lei>54930070NSV60J38I987</lei>
        <title>GENERAL MOTORS C</title>
        <cusip>37045V100</cusip>
        <identifiers>
          <isin value="US37045V1008"/>
        </identifiers>
        <balance>7577.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>356346.31000000</valUSD>
        <pctVal>0.097261668844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GoodRx Holdings Inc</name>
        <lei>N/A</lei>
        <title>GOODRX HOLDIN-A</title>
        <cusip>38246G108</cusip>
        <identifiers>
          <isin value="US38246G1085"/>
        </identifiers>
        <balance>75772.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>334154.52000000</valUSD>
        <pctVal>0.091204610108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grand Canyon Education Inc</name>
        <lei>529900XFER799IYOSW74</lei>
        <title>GRAND CANYON EDU</title>
        <cusip>38526M106</cusip>
        <identifiers>
          <isin value="US38526M1062"/>
        </identifiers>
        <balance>2437.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>421649.74000000</valUSD>
        <pctVal>0.115085679939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Granite Construction Inc</name>
        <lei>549300OM4BWMCIXVCZ39</lei>
        <title>GRANITE CONSTR</title>
        <cusip>387328107</cusip>
        <identifiers>
          <isin value="US3873281071"/>
        </identifiers>
        <balance>5392.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>406556.80000000</valUSD>
        <pctVal>0.110966191422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grid Dynamics Holdings Inc.</name>
        <lei>N/A</lei>
        <title>GRID DYNAMICS HO</title>
        <cusip>39813G109</cusip>
        <identifiers>
          <isin value="US39813G1094"/>
        </identifiers>
        <balance>25373.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>397087.45000000</valUSD>
        <pctVal>0.108381613560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Griffon Corp</name>
        <lei>5493000C2SGNC7ZN3242</lei>
        <title>GRIFFON CORP</title>
        <cusip>398433102</cusip>
        <identifiers>
          <isin value="US3984331021"/>
        </identifiers>
        <balance>10688.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>764192.00000000</valUSD>
        <pctVal>0.208579651736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grocery Outlet Holding Corp.</name>
        <lei>N/A</lei>
        <title>GROCERY OUTLET</title>
        <cusip>39874R101</cusip>
        <identifiers>
          <isin value="US39874R1014"/>
        </identifiers>
        <balance>60527.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>846167.46000000</valUSD>
        <pctVal>0.230954150420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Groupon Inc</name>
        <lei>5299005W5W1R5POQJL03</lei>
        <title>GROUPON INC</title>
        <cusip>399473206</cusip>
        <identifiers>
          <isin value="US3994732069"/>
        </identifiers>
        <balance>23374.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>438729.98000000</valUSD>
        <pctVal>0.119747584945</pctVal>
        <payoffProfile>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="1882.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guess Inc</name>
        <lei>549300QVH3ZK2DW0KP86</lei>
        <title>GUESS? INC</title>
        <cusip>401617105</cusip>
        <identifiers>
          <isin value="US4016171054"/>
        </identifiers>
        <balance>27113.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>300140.91000000</valUSD>
        <pctVal>0.081920887001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gulfport Energy Operating Corp.</name>
        <lei>N/A</lei>
        <title>GULFPORT ENERGY</title>
        <cusip>402635502</cusip>
        <identifiers>
          <isin value="US4026355028"/>
        </identifiers>
        <balance>2103.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>387246.42000000</valUSD>
        <pctVal>0.105695588831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HCI Group, Inc.</name>
        <lei>549300CZF7EZJH0MPH74</lei>
        <title>HCI GROUP INC</title>
        <cusip>40416E103</cusip>
        <identifiers>
          <isin value="US40416E1038"/>
        </identifiers>
        <balance>3054.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>455748.42000000</valUSD>
        <pctVal>0.124392622172</pctVal>
        <payoffProfile>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="413491.56000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hertz Global Holdings Inc.</name>
        <lei>549300NBK3K85MH1EX16</lei>
        <title>HERTZ GLOBAL HLD</title>
        <cusip>42806J700</cusip>
        <identifiers>
          <isin value="US42806J7000"/>
        </identifiers>
        <balance>220719.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>869632.86000000</valUSD>
        <pctVal>0.237358830081</pctVal>
        <payoffProfile>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="856323.52000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Houlihan Lokey Inc.</name>
        <lei>549300S3CNGTQ1QZVY46</lei>
        <title>HOULIHAN LOKEY I</title>
        <cusip>441593100</cusip>
        <identifiers>
          <isin value="US4415931009"/>
        </identifiers>
        <balance>2531.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>408756.50000000</valUSD>
        <pctVal>0.111566580669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huron Consulting Group Inc.</name>
        <lei>549300NGVB9H6TKTLE36</lei>
        <title>HURON CONSULTING</title>
        <cusip>447462102</cusip>
        <identifiers>
          <isin value="US4474621020"/>
        </identifiers>
        <balance>2943.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>422173.35000000</valUSD>
        <pctVal>0.115228594797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Icahn Enterprises LP</name>
        <lei>549300T0G4GS0SINS786</lei>
        <title>ICAHN ENTERPRISE</title>
        <cusip>451100101</cusip>
        <identifiers>
          <isin value="US4511001012"/>
        </identifiers>
        <balance>36752.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>332973.12000000</valUSD>
        <pctVal>0.090882157111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intapp Inc</name>
        <lei>N/A</lei>
        <title>INTAPP INC</title>
        <cusip>45827U109</cusip>
        <identifiers>
          <isin value="US45827U1097"/>
        </identifiers>
        <balance>6757.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>394473.66000000</valUSD>
        <pctVal>0.107668201999</pctVal>
        <payoffProfile>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="364312.71000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IQVIA Holdings Inc.</name>
        <lei>549300W3R20NM4KQPH86</lei>
        <title>IQVIA HOLDINGS I</title>
        <cusip>46266C105</cusip>
        <identifiers>
          <isin value="US46266C1053"/>
        </identifiers>
        <balance>1857.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>327389.10000000</valUSD>
        <pctVal>0.089358046748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Itron, Inc.</name>
        <lei>24F6LSZD18II6ICG6S41</lei>
        <title>ITRON INC</title>
        <cusip>465741106</cusip>
        <identifiers>
          <isin value="US4657411066"/>
        </identifiers>
        <balance>7510.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>786747.60000000</valUSD>
        <pctVal>0.214736009292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jackson Financial Inc</name>
        <lei>213800WXW2KG1N4CO374</lei>
        <title>JACKSON FI-A</title>
        <cusip>46817M107</cusip>
        <identifiers>
          <isin value="US46817M1071"/>
        </identifiers>
        <balance>9438.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>790715.64000000</valUSD>
        <pctVal>0.215819051775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JELD-WEN Holding Inc.</name>
        <lei>529900AXX7CT9GZSCS30</lei>
        <title>JELD-WEN HOLDING</title>
        <cusip>47580P103</cusip>
        <identifiers>
          <isin value="US47580P1030"/>
        </identifiers>
        <balance>69545.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>415183.65000000</valUSD>
        <pctVal>0.113320816135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KBR Inc</name>
        <lei>254900OFQDXZRKRCV808</lei>
        <title>KBR INC</title>
        <cusip>48242W106</cusip>
        <identifiers>
          <isin value="US48242W1062"/>
        </identifiers>
        <balance>6559.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>326703.79000000</valUSD>
        <pctVal>0.089170997261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Klaviyo Inc</name>
        <lei>N/A</lei>
        <title>KLAVIYO INC-A</title>
        <cusip>49845K101</cusip>
        <identifiers>
          <isin value="US49845K1016"/>
        </identifiers>
        <balance>12432.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>376192.32000000</valUSD>
        <pctVal>0.102678467049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vital Energy Inc</name>
        <lei>549300X0PTWU2QSLSL14</lei>
        <title>VITAL ENERGY INC</title>
        <cusip>516806205</cusip>
        <identifiers>
          <isin value="US5168062058"/>
        </identifiers>
        <balance>16757.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>355583.54000000</valUSD>
        <pctVal>0.097053477315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Estee Lauder Companies Inc.</name>
        <lei>549300VFZ8XJ9NUPU221</lei>
        <title>ESTEE LAUDER</title>
        <cusip>518439104</cusip>
        <identifiers>
          <isin value="US5184391044"/>
        </identifiers>
        <balance>5071.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>334686.00000000</valUSD>
        <pctVal>0.091349673015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Leggett &amp; Platt Inc.</name>
        <lei>DKOVQUCDW4ZLYCUD4T55</lei>
        <title>LEGGETT &amp; PLATT</title>
        <cusip>524660107</cusip>
        <identifiers>
          <isin value="US5246601075"/>
        </identifiers>
        <balance>93446.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>739157.86000000</valUSD>
        <pctVal>0.201746797947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lendingtree Inc</name>
        <lei>549300ISY5YHUJZTON08</lei>
        <title>LENDINGTREE INC</title>
        <cusip>52603B107</cusip>
        <identifiers>
          <isin value="US52603B1070"/>
        </identifiers>
        <balance>7708.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>387481.16000000</valUSD>
        <pctVal>0.105759659100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Electric Holdings Inc.</name>
        <lei>BIMGBY40SIN95O01BN93</lei>
        <title>LINCOLN ELECTRIC</title>
        <cusip>533900106</cusip>
        <identifiers>
          <isin value="US5339001068"/>
        </identifiers>
        <balance>1936.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>366213.76000000</valUSD>
        <pctVal>0.099954904686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Corp.</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
        <title>LINCOLN NATL CRP</title>
        <cusip>534187109</cusip>
        <identifiers>
          <isin value="US5341871094"/>
        </identifiers>
        <balance>11443.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>410918.13000000</valUSD>
        <pctVal>0.112156579037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liquidity Services Inc.</name>
        <lei>5299002AZ4ULSAXN0G81</lei>
        <title>LIQUIDITY SERVIC</title>
        <cusip>53635B107</cusip>
        <identifiers>
          <isin value="US53635B1070"/>
        </identifiers>
        <balance>12964.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>402013.64000000</valUSD>
        <pctVal>0.109726174867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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-PACIFI</title>
        <cusip>546347105</cusip>
        <identifiers>
          <isin value="US5463471053"/>
        </identifiers>
        <balance>4431.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>407563.38000000</valUSD>
        <pctVal>0.111240928799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lowes Companies, Inc.</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
        <title>LOWE'S COS INC</title>
        <cusip>548661107</cusip>
        <identifiers>
          <isin value="US5486611073"/>
        </identifiers>
        <balance>1483.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>345880.09000000</valUSD>
        <pctVal>0.094405003866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lumentum Holdings Inc.</name>
        <lei>549300JLWRRC38DWEF52</lei>
        <title>LUMENTUM HOL</title>
        <cusip>55024U109</cusip>
        <identifiers>
          <isin value="US55024U1097"/>
        </identifiers>
        <balance>11232.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>700202.88000000</valUSD>
        <pctVal>0.191114370283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MGP Ingredients Inc.</name>
        <lei>2549006OMHFVZ4MS8538</lei>
        <title>MGP INGREDIENTS</title>
        <cusip>55303J106</cusip>
        <identifiers>
          <isin value="US55303J1060"/>
        </identifiers>
        <balance>14448.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>424482.24000000</valUSD>
        <pctVal>0.115858786519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>M/I Homes Inc.</name>
        <lei>5299005M71FH9CCSFB69</lei>
        <title>M/I HOMES INC</title>
        <cusip>55305B101</cusip>
        <identifiers>
          <isin value="US55305B1017"/>
        </identifiers>
        <balance>6536.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>746280.48000000</valUSD>
        <pctVal>0.203690855984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MACOM Technology Solutions Holdings Inc.</name>
        <lei>N/A</lei>
        <title>MACOM TECHNOLOGY</title>
        <cusip>55405Y100</cusip>
        <identifiers>
          <isin value="US55405Y1001"/>
        </identifiers>
        <balance>3745.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>375923.10000000</valUSD>
        <pctVal>0.102604985759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 &amp; Gas Corporation</name>
        <lei>N/A</lei>
        <title>MAGNOLIA OIL-A</title>
        <cusip>559663109</cusip>
        <identifiers>
          <isin value="US5596631094"/>
        </identifiers>
        <balance>13980.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>353134.80000000</valUSD>
        <pctVal>0.096385114735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marinemax Inc</name>
        <lei>254900TIXTN8WY3FNN63</lei>
        <title>MARINEMAX INC</title>
        <cusip>567908108</cusip>
        <identifiers>
          <isin value="US5679081084"/>
        </identifiers>
        <balance>15522.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>333723.00000000</valUSD>
        <pctVal>0.091086830425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marten Transport Ltd.</name>
        <lei>N/A</lei>
        <title>MARTEN TRANSPORT</title>
        <cusip>573075108</cusip>
        <identifiers>
          <isin value="US5730751089"/>
        </identifiers>
        <balance>24661.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>338348.92000000</valUSD>
        <pctVal>0.092349435611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marvell Technology Inc</name>
        <lei>N/A</lei>
        <title>MARVELL TECHNOLO</title>
        <cusip>573874104</cusip>
        <identifiers>
          <isin value="US5738741041"/>
        </identifiers>
        <balance>11371.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>700112.47000000</valUSD>
        <pctVal>0.191089693649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Masco Corporation</name>
        <lei>5GCSNMQXHEYA1JO8QN11</lei>
        <title>MASCO CORP</title>
        <cusip>574599106</cusip>
        <identifiers>
          <isin value="US5745991068"/>
        </identifiers>
        <balance>11094.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>771476.76000000</valUSD>
        <pctVal>0.210567964495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Matson Inc</name>
        <lei>549300OI5H3Y0I9I4I12</lei>
        <title>MATSON INC</title>
        <cusip>57686G105</cusip>
        <identifiers>
          <isin value="US57686G1058"/>
        </identifiers>
        <balance>3184.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>408093.28000000</valUSD>
        <pctVal>0.111385560459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maxlinear Inc</name>
        <lei>549300EMOI0SM2IY4F64</lei>
        <title>MAXLINEAR</title>
        <cusip>57776J100</cusip>
        <identifiers>
          <isin value="US57776J1007"/>
        </identifiers>
        <balance>62530.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>679075.80000000</valUSD>
        <pctVal>0.185347915009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mechel Public Joint Stock Company</name>
        <lei>253400C9GSPBSKERRP65</lei>
        <title>MECHEL-SPON ADR</title>
        <cusip>583840608</cusip>
        <identifiers>
          <isin value="US5838406081"/>
        </identifiers>
        <balance>22935.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pediatrix Medical Group Inc</name>
        <lei>N/A</lei>
        <title>PEDIATRIX MEDICA</title>
        <cusip>58502B106</cusip>
        <identifiers>
          <isin value="US58502B1061"/>
        </identifiers>
        <balance>29006.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>420296.94000000</valUSD>
        <pctVal>0.114716444782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mercadolibre Inc</name>
        <lei>549300DKPDN9M5S8GB14</lei>
        <title>MERCADOLIBRE INC</title>
        <cusip>58733R102</cusip>
        <identifiers>
          <isin value="US58733R1023"/>
        </identifiers>
        <balance>160.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>312139.20000000</valUSD>
        <pctVal>0.085195717345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MetLife Inc.</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>METLIFE INC</title>
        <cusip>59156R108</cusip>
        <identifiers>
          <isin value="US59156R1086"/>
        </identifiers>
        <balance>4120.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>330794.80000000</valUSD>
        <pctVal>0.090287603351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MongoDB Inc.</name>
        <lei>549300TPTG69WKWE1Z37</lei>
        <title>MONGODB INC</title>
        <cusip>60937P106</cusip>
        <identifiers>
          <isin value="US60937P1066"/>
        </identifiers>
        <balance>4113.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>721420.20000000</valUSD>
        <pctVal>0.196905455791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Moog Inc.</name>
        <lei>549300WM2I4U7OBAHG07</lei>
        <title>MOOG INC-CLASS A</title>
        <cusip>615394202</cusip>
        <identifiers>
          <isin value="US6153942023"/>
        </identifiers>
        <balance>1934.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>335258.90000000</valUSD>
        <pctVal>0.091506041156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>MS GOVT US LEX</title>
        <cusip>61747C707</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="CASHCOLLREINV"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="REINVESTED COLLATERAL" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="700000.00000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mueller Industries Inc.</name>
        <lei>5493005IZFE4VJLLYG84</lei>
        <title>MUELLER INDS</title>
        <cusip>624756102</cusip>
        <identifiers>
          <isin value="US6247561029"/>
        </identifiers>
        <balance>5292.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>402932.88000000</valUSD>
        <pctVal>0.109977073541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mueller Water Products, Inc.</name>
        <lei>549300F7ZU4P1F8V8L60</lei>
        <title>MUELLER WATER-A</title>
        <cusip>624758108</cusip>
        <identifiers>
          <isin value="US6247581084"/>
        </identifiers>
        <balance>15337.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>389866.54000000</valUSD>
        <pctVal>0.106410728111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NMI Holdings Inc</name>
        <lei>529900KNNGFXJX1C3Z08</lei>
        <title>NMI HOLDINGS INC</title>
        <cusip>629209305</cusip>
        <identifiers>
          <isin value="US6292093050"/>
        </identifiers>
        <balance>11693.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>421532.65000000</valUSD>
        <pctVal>0.115053721228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG ENERGY</title>
        <cusip>629377508</cusip>
        <identifiers>
          <isin value="US6293775085"/>
        </identifiers>
        <balance>7728.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>737714.88000000</valUSD>
        <pctVal>0.201352948933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XPLR Infrastructure LP</name>
        <lei>5493008F4ZOQFNG3WN54</lei>
        <title>XPLR INFRASTRUCT</title>
        <cusip>65341B106</cusip>
        <identifiers>
          <isin value="US65341B1061"/>
        </identifiers>
        <balance>87899.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>835040.50000000</valUSD>
        <pctVal>0.227917142126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northern Lights Fund Trust III</name>
        <lei>549300PPUECJSQFBYV98</lei>
        <title>COUNTERP QUAN EQ</title>
        <cusip>66538R540</cusip>
        <identifiers>
          <isin value="US66538R5404"/>
        </identifiers>
        <balance>1219316.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>40840379.76000000</valUSD>
        <pctVal>11.14703135749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nucor Corporation</name>
        <lei>549300GGJCRSI2TIEJ46</lei>
        <title>NUCOR CORP</title>
        <cusip>670346105</cusip>
        <identifiers>
          <isin value="US6703461052"/>
        </identifiers>
        <balance>2595.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>312282.30000000</valUSD>
        <pctVal>0.085234775262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nutanix Inc</name>
        <lei>549300X7J6E8TKVIXW09</lei>
        <title>NUTANIX INC - A</title>
        <cusip>67059N108</cusip>
        <identifiers>
          <isin value="US67059N1081"/>
        </identifiers>
        <balance>10820.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>755344.20000000</valUSD>
        <pctVal>0.206164720616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orla Mining Ltd New</name>
        <lei>529900DU63EUQ1UZKL30</lei>
        <title>ORLA MINING LTD</title>
        <cusip>68634K106</cusip>
        <identifiers>
          <isin value="CA68634K1066"/>
        </identifiers>
        <balance>37941.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>354748.35000000</valUSD>
        <pctVal>0.096825519368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Osisko Gold Royalties Ltd</name>
        <lei>549300TJZTXZMPQ6K004</lei>
        <title>OSISKO GOLD ROYA</title>
        <cusip>68827L101</cusip>
        <identifiers>
          <isin value="CA68827L1013"/>
        </identifiers>
        <balance>17216.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>363601.92000000</valUSD>
        <pctVal>0.099242025360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ovintiv Inc</name>
        <lei>2549003MEX7YMKLGI239</lei>
        <title>OVINTIV INC</title>
        <cusip>69047Q102</cusip>
        <identifiers>
          <isin value="US69047Q1022"/>
        </identifiers>
        <balance>18430.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>788804.00000000</valUSD>
        <pctVal>0.215297286033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>P10 Inc</name>
        <lei>N/A</lei>
        <title>P10 INC-A</title>
        <cusip>69376K106</cusip>
        <identifiers>
          <isin value="US69376K1060"/>
        </identifiers>
        <balance>65208.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>766194.00000000</valUSD>
        <pctVal>0.209126080465</pctVal>
        <payoffProfile>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="79900.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Palomar Holdings Inc</name>
        <lei>549300DOI1MUW11BLX74</lei>
        <title>PALOMAR HOLDINGS</title>
        <cusip>69753M105</cusip>
        <identifiers>
          <isin value="US69753M1053"/>
        </identifiers>
        <balance>3214.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>440575.12000000</valUSD>
        <pctVal>0.120251200082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 HOLD-A</title>
        <cusip>70439P108</cusip>
        <identifiers>
          <isin value="US70439P1084"/>
        </identifiers>
        <balance>15387.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>401600.70000000</valUSD>
        <pctVal>0.109613466436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Payoneer Global Inc.</name>
        <lei>N/A</lei>
        <title>PAYONEER GLOBAL</title>
        <cusip>70451X104</cusip>
        <identifiers>
          <isin value="US70451X1046"/>
        </identifiers>
        <balance>54031.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>394966.61000000</valUSD>
        <pctVal>0.107802748473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Mortgage Investment Trust</name>
        <lei>549300BSSOQO1ZWDUJ97</lei>
        <title>PENNYMAC MORTGAG</title>
        <cusip>70931T103</cusip>
        <identifiers>
          <isin value="US70931T1034"/>
        </identifiers>
        <balance>22887.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>335294.55000000</valUSD>
        <pctVal>0.091515771518</pctVal>
        <payoffProfile>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="245564.55000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perimeter Solutions Inc.</name>
        <lei>N/A</lei>
        <title>PERIMETER SOLUTI</title>
        <cusip>71385M107</cusip>
        <identifiers>
          <isin value="US71385M1071"/>
        </identifiers>
        <balance>84382.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>849726.74000000</valUSD>
        <pctVal>0.231925625367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Permian Resources Corp</name>
        <lei>529900NXUJPOKU7OJ511</lei>
        <title>PERMIAN RESOURCE</title>
        <cusip>71424F105</cusip>
        <identifiers>
          <isin value="US71424F1057"/>
        </identifiers>
        <balance>24595.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>340640.75000000</valUSD>
        <pctVal>0.092974970952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pitney Bowes Inc.</name>
        <lei>549300N2O26NW4ST6W55</lei>
        <title>PITNEY BOWES INC</title>
        <cusip>724479100</cusip>
        <identifiers>
          <isin value="US7244791007"/>
        </identifiers>
        <balance>43856.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>396896.80000000</valUSD>
        <pctVal>0.108329577278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Playtika Holding Corp</name>
        <lei>254900E35Z4TKA4UFG64</lei>
        <title>PLAYTIKA HOLDING</title>
        <cusip>72815L107</cusip>
        <identifiers>
          <isin value="US72815L1070"/>
        </identifiers>
        <balance>105099.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>543361.83000000</valUSD>
        <pctVal>0.148305950950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Corp.</name>
        <lei>549300UF3OLBJ8D5K349</lei>
        <title>PRIMORIS SERVICE</title>
        <cusip>74164F103</cusip>
        <identifiers>
          <isin value="US74164F1030"/>
        </identifiers>
        <balance>6426.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368916.66000000</valUSD>
        <pctVal>0.100692638057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Priority Technology Holdings Inc.</name>
        <lei>549300ZS6DXD7ROBKB40</lei>
        <title>PRIORITY TECHNOL</title>
        <cusip>74275G107</cusip>
        <identifiers>
          <isin value="US74275G1076"/>
        </identifiers>
        <balance>52478.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>357637.57000000</valUSD>
        <pctVal>0.097614107185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PROG Holdings Inc.</name>
        <lei>549300DHYTLBOVRXIG52</lei>
        <title>PROG HOLDINGS IN</title>
        <cusip>74319R101</cusip>
        <identifiers>
          <isin value="US74319R1014"/>
        </identifiers>
        <balance>15149.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>402963.40000000</valUSD>
        <pctVal>0.109985403713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prudential Financial, Inc.</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
        <title>PRUDENTL FINL</title>
        <cusip>744320102</cusip>
        <identifiers>
          <isin value="US7443201022"/>
        </identifiers>
        <balance>3003.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>335375.04000000</valUSD>
        <pctVal>0.091537740573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PubMatic Inc.</name>
        <lei>N/A</lei>
        <title>PUBMATIC INC-A</title>
        <cusip>74467Q103</cusip>
        <identifiers>
          <isin value="US74467Q1031"/>
        </identifiers>
        <balance>35714.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>326425.96000000</valUSD>
        <pctVal>0.089095165946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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</title>
        <cusip>74967X103</cusip>
        <identifiers>
          <isin value="US74967X1037"/>
        </identifiers>
        <balance>1619.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>379509.79000000</valUSD>
        <pctVal>0.103583942031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RPM International Inc.</name>
        <lei>549300TJCKW4BRXPJ474</lei>
        <title>RPM INTL INC</title>
        <cusip>749685103</cusip>
        <identifiers>
          <isin value="US7496851038"/>
        </identifiers>
        <balance>3642.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>421306.56000000</valUSD>
        <pctVal>0.114992011901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Reliance Inc</name>
        <lei>549300E287ZOFT3C5Z56</lei>
        <title>RELIANCE INC</title>
        <cusip>759509102</cusip>
        <identifiers>
          <isin value="US7595091023"/>
        </identifiers>
        <balance>1228.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>354585.00000000</valUSD>
        <pctVal>0.096780934387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Robinhood Markets Inc</name>
        <lei>213800FS5AO3YWIE6F63</lei>
        <title>ROBINHOOD MARK-A</title>
        <cusip>770700102</cusip>
        <identifiers>
          <isin value="US7707001027"/>
        </identifiers>
        <balance>8687.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>361552.94000000</valUSD>
        <pctVal>0.098682773844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Roku Inc</name>
        <lei>549300KR6ITU0YIR1T71</lei>
        <title>ROKU INC</title>
        <cusip>77543R102</cusip>
        <identifiers>
          <isin value="US77543R1023"/>
        </identifiers>
        <balance>4958.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>349241.52000000</valUSD>
        <pctVal>0.095322477353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rumble Inc</name>
        <lei>N/A</lei>
        <title>RUMBLE INC</title>
        <cusip>78137L105</cusip>
        <identifiers>
          <isin value="US78137L1052"/>
        </identifiers>
        <balance>95399.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>674470.93000000</valUSD>
        <pctVal>0.184091055240</pctVal>
        <payoffProfile>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="434400.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rush Street Interactive Inc</name>
        <lei>N/A</lei>
        <title>RUSH STREET INTE</title>
        <cusip>782011100</cusip>
        <identifiers>
          <isin value="US7820111000"/>
        </identifiers>
        <balance>37099.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>397701.28000000</valUSD>
        <pctVal>0.108549153194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>S&amp;P Global Inc</name>
        <lei>Y6X4K52KMJMZE7I7MY94</lei>
        <title>S&amp;P GLOBAL INC</title>
        <cusip>78409V104</cusip>
        <identifiers>
          <isin value="US78409V1044"/>
        </identifiers>
        <balance>726.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368880.60000000</valUSD>
        <pctVal>0.100682795790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Light &amp; Wonder Inc</name>
        <lei>529900JXALYBOHXKFM62</lei>
        <title>LIGHT &amp; WONDER I</title>
        <cusip>80874P109</cusip>
        <identifiers>
          <isin value="US80874P1093"/>
        </identifiers>
        <balance>3289.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>284860.29000000</valUSD>
        <pctVal>0.077750172838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEMrush Holdings Inc.</name>
        <lei>254900WQEX0OLGK16D27</lei>
        <title>SEMRUSH HOLDIN-A</title>
        <cusip>81686C104</cusip>
        <identifiers>
          <isin value="US81686C1045"/>
        </identifiers>
        <balance>79609.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>742751.97000000</valUSD>
        <pctVal>0.202727779444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shoals Technologies Group Inc</name>
        <lei>N/A</lei>
        <title>SHOALS TECHNOL-A</title>
        <cusip>82489W107</cusip>
        <identifiers>
          <isin value="US82489W1071"/>
        </identifiers>
        <balance>238167.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>790714.44000000</valUSD>
        <pctVal>0.215818724245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QXO Inc</name>
        <lei>N/A</lei>
        <title>QXO INC</title>
        <cusip>82846H405</cusip>
        <identifiers>
          <isin value="US82846H4056"/>
        </identifiers>
        <balance>28812.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>390114.48000000</valUSD>
        <pctVal>0.106478401208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sitio Royalties Corp</name>
        <lei>N/A</lei>
        <title>SITIO ROYALTIE-A</title>
        <cusip>82983N108</cusip>
        <identifiers>
          <isin value="US82983N1081"/>
        </identifiers>
        <balance>17552.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>348758.24000000</valUSD>
        <pctVal>0.095190570222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Solaredge Technologies Inc</name>
        <lei>5493000K6Y58XXPDF853</lei>
        <title>SOLAREDGE TECHNO</title>
        <cusip>83417M104</cusip>
        <identifiers>
          <isin value="US83417M1045"/>
        </identifiers>
        <balance>24305.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>393254.90000000</valUSD>
        <pctVal>0.107335551910</pctVal>
        <payoffProfile>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="385234.25000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sonic Automotive, Inc.</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
        <title>SONIC AUTOMOTI-A</title>
        <cusip>83545G102</cusip>
        <identifiers>
          <isin value="US83545G1022"/>
        </identifiers>
        <balance>13132.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>747998.72000000</valUSD>
        <pctVal>0.204159834854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sprouts Farmers Markets Inc</name>
        <lei>529900P8F4G77Q52XE24</lei>
        <title>SPROUTS FARMERS</title>
        <cusip>85208M102</cusip>
        <identifiers>
          <isin value="US85208M1027"/>
        </identifiers>
        <balance>5431.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>828987.84000000</valUSD>
        <pctVal>0.226265120495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stagwell Inc</name>
        <lei>549300KIYTU6J3NYJ009</lei>
        <title>STAGWELL INC</title>
        <cusip>85256A109</cusip>
        <identifiers>
          <isin value="US85256A1097"/>
        </identifiers>
        <balance>59238.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>358389.90000000</valUSD>
        <pctVal>0.097819449206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stanley Black &amp; Decker, Inc.</name>
        <lei>549300DJ09SMTO561131</lei>
        <title>STANLEY BLACK &amp;</title>
        <cusip>854502101</cusip>
        <identifiers>
          <isin value="US8545021011"/>
        </identifiers>
        <balance>4301.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>330660.88000000</valUSD>
        <pctVal>0.090251051036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Steel Dynamics, Inc.</name>
        <lei>549300HGGKEL4FYTTQ83</lei>
        <title>STEEL DYNAMICS</title>
        <cusip>858119100</cusip>
        <identifiers>
          <isin value="US8581191009"/>
        </identifiers>
        <balance>6385.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>798635.80000000</valUSD>
        <pctVal>0.217980791514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Steelcase Inc</name>
        <lei>GIE4CCPBJDI8SMV1OX95</lei>
        <title>STEELCASE INC-A</title>
        <cusip>858155203</cusip>
        <identifiers>
          <isin value="US8581552036"/>
        </identifiers>
        <balance>71926.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>788308.96000000</valUSD>
        <pctVal>0.215162169111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stitch Fix Inc</name>
        <lei>549300TNHOVBOJZIYE72</lei>
        <title>STITCH FIX INC-A</title>
        <cusip>860897107</cusip>
        <identifiers>
          <isin value="US8608971078"/>
        </identifiers>
        <balance>103061.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>334948.25000000</valUSD>
        <pctVal>0.091421251903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SunCoke Energy, Inc.</name>
        <lei>1KF1J2NXQE2PI0QOB943</lei>
        <title>SUNCOKE ENERGY I</title>
        <cusip>86722A103</cusip>
        <identifiers>
          <isin value="US86722A1034"/>
        </identifiers>
        <balance>39254.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>361136.80000000</valUSD>
        <pctVal>0.098569192000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunoco LP / Sunoco Finance Corp</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP</title>
        <cusip>86765K109</cusip>
        <identifiers>
          <isin value="US86765K1097"/>
        </identifiers>
        <balance>6386.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>370771.16000000</valUSD>
        <pctVal>0.101198807926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sylvamo Corp.</name>
        <lei>5493001AOYU1ZOWOC971</lei>
        <title>SYLVAMO CORP</title>
        <cusip>871332102</cusip>
        <identifiers>
          <isin value="US8713321029"/>
        </identifiers>
        <balance>11998.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>804705.86000000</valUSD>
        <pctVal>0.219637562326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TTM Technologies Inc</name>
        <lei>549300SC4BDOIS008048</lei>
        <title>TTM TECHNOLOGIES</title>
        <cusip>87305R109</cusip>
        <identifiers>
          <isin value="US87305R1095"/>
        </identifiers>
        <balance>35515.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>728412.65000000</valUSD>
        <pctVal>0.198813985042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tandem Diabetes Care Inc</name>
        <lei>549300JEPFOD0K4D3I05</lei>
        <title>TANDEM DIABETES</title>
        <cusip>875372203</cusip>
        <identifiers>
          <isin value="US8753722037"/>
        </identifiers>
        <balance>18963.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>363331.08000000</valUSD>
        <pctVal>0.099168101905</pctVal>
        <payoffProfile>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="273101.20000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Targa Resources Corp.</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>TARGA RESOURCES</title>
        <cusip>87612G101</cusip>
        <identifiers>
          <isin value="US87612G1013"/>
        </identifiers>
        <balance>2066.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>414171.02000000</valUSD>
        <pctVal>0.113044427462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taylor Morrison Home Corp</name>
        <lei>5299009UDLLGLKOOJE30</lei>
        <title>TAYLOR MORRISON</title>
        <cusip>87724P106</cusip>
        <identifiers>
          <isin value="US87724P1066"/>
        </identifiers>
        <balance>6911.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>414936.44000000</valUSD>
        <pctVal>0.113253342285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Teladoc Health Inc</name>
        <lei>549300I2PVFBC9MFAC61</lei>
        <title>TELADOC HEALTH I</title>
        <cusip>87918A105</cusip>
        <identifiers>
          <isin value="US87918A1051"/>
        </identifiers>
        <balance>88326.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>703074.96000000</valUSD>
        <pctVal>0.191898279884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>10X Genomics Inc</name>
        <lei>5493003Z6741WNLG7H43</lei>
        <title>10X GENOMICS I-A</title>
        <cusip>88025U109</cusip>
        <identifiers>
          <isin value="US88025U1097"/>
        </identifiers>
        <balance>78523.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>685505.79000000</valUSD>
        <pctVal>0.187102925628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tenet Healthcare Corporation</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE</title>
        <cusip>88033G407</cusip>
        <identifiers>
          <isin value="US88033G4073"/>
        </identifiers>
        <balance>6014.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>808883.00000000</valUSD>
        <pctVal>0.220777676861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Teradyne Inc.</name>
        <lei>C3X4YJ278QNZHRJULN75</lei>
        <title>TERADYNE INC</title>
        <cusip>880770102</cusip>
        <identifiers>
          <isin value="US8807701029"/>
        </identifiers>
        <balance>3958.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>326930.80000000</valUSD>
        <pctVal>0.089232957693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Textron Inc.</name>
        <lei>3PPKBHUG1HD6BO7RNR87</lei>
        <title>TEXTRON INC</title>
        <cusip>883203101</cusip>
        <identifiers>
          <isin value="US8832031012"/>
        </identifiers>
        <balance>4420.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>319345.00000000</valUSD>
        <pctVal>0.087162478649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Trade Desk Inc</name>
        <lei>549300GXPD31VT3E0P46</lei>
        <title>TRADE DESK INC-A</title>
        <cusip>88339J105</cusip>
        <identifiers>
          <isin value="US88339J1051"/>
        </identifiers>
        <balance>14108.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>771989.76000000</valUSD>
        <pctVal>0.210707983445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Realreal Inc</name>
        <lei>549300O00VUGT4H1PE90</lei>
        <title>REALREAL INC/THE</title>
        <cusip>88339P101</cusip>
        <identifiers>
          <isin value="US88339P1012"/>
        </identifiers>
        <balance>129167.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>696210.13000000</valUSD>
        <pctVal>0.190024583417</pctVal>
        <payoffProfile>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="598074.78000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toast Inc</name>
        <lei>549300TN1PZNLCD4I551</lei>
        <title>TOAST INC-A</title>
        <cusip>888787108</cusip>
        <identifiers>
          <isin value="US8887871080"/>
        </identifiers>
        <balance>21725.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>720618.25000000</valUSD>
        <pctVal>0.196686570417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Transdigm Group Inc.</name>
        <lei>N/A</lei>
        <title>TRANSDIGM GROUP</title>
        <cusip>893641100</cusip>
        <identifiers>
          <isin value="US8936411003"/>
        </identifiers>
        <balance>250.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>345822.50000000</valUSD>
        <pctVal>0.094389285170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TransUnion</name>
        <lei>549300ZS772LUNUMRB03</lei>
        <title>TRANSUNION</title>
        <cusip>89400J107</cusip>
        <identifiers>
          <isin value="US89400J1079"/>
        </identifiers>
        <balance>4029.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>334366.71000000</valUSD>
        <pctVal>0.091262525548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Travel Plus Leisure Co</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
        <title>TRAVEL + LEISURE</title>
        <cusip>894164102</cusip>
        <identifiers>
          <isin value="US8941641024"/>
        </identifiers>
        <balance>16105.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>745500.45000000</valUSD>
        <pctVal>0.203477953486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Treace Medical Concepts Inc.</name>
        <lei>N/A</lei>
        <title>TREACE MEDICAL C</title>
        <cusip>89455T109</cusip>
        <identifiers>
          <isin value="US89455T1097"/>
        </identifiers>
        <balance>44113.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>370108.07000000</valUSD>
        <pctVal>0.101017823198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tutor Perini Corporation</name>
        <lei>549300FHXYVPW8LJ6D98</lei>
        <title>TUTOR PERINI COR</title>
        <cusip>901109108</cusip>
        <identifiers>
          <isin value="US9011091082"/>
        </identifiers>
        <balance>16805.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>389539.90000000</valUSD>
        <pctVal>0.106321574525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UFP Industries Inc</name>
        <lei>5493007KB485C9OV5572</lei>
        <title>UFP INDUSTRIES I</title>
        <cusip>90278Q108</cusip>
        <identifiers>
          <isin value="US90278Q1085"/>
        </identifiers>
        <balance>3086.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>330325.44000000</valUSD>
        <pctVal>0.090159495565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USANA Health Sciences Inc.</name>
        <lei>549300YTURXE814MAH96</lei>
        <title>USANA HEALTH SCI</title>
        <cusip>90328M107</cusip>
        <identifiers>
          <isin value="US90328M1071"/>
        </identifiers>
        <balance>15621.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>421298.37000000</valUSD>
        <pctVal>0.114989776511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Airlines Holdings Inc</name>
        <lei>98450079DA0B78DD6764</lei>
        <title>UNITED AIRLINES</title>
        <cusip>910047109</cusip>
        <identifiers>
          <isin value="US9100471096"/>
        </identifiers>
        <balance>4939.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>341037.95000000</valUSD>
        <pctVal>0.093083383285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Natural Foods, Inc.</name>
        <lei>549300GKGW6WPZ282D40</lei>
        <title>UNITED NATURAL</title>
        <cusip>911163103</cusip>
        <identifiers>
          <isin value="US9111631035"/>
        </identifiers>
        <balance>29546.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>809264.94000000</valUSD>
        <pctVal>0.220881924108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Rentals, Inc.</name>
        <lei>5323X5O7RN0NKFCDRY08</lei>
        <title>UNITED RENTALS</title>
        <cusip>911363109</cusip>
        <identifiers>
          <isin value="US9113631090"/>
        </identifiers>
        <balance>546.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>342178.20000000</valUSD>
        <pctVal>0.093394604743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury Bills</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>B 06/12/25</title>
        <cusip>912797LN5</cusip>
        <identifiers>
          <isin value="US912797LN52"/>
        </identifiers>
        <balance>50000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49580950.00000000</valUSD>
        <pctVal>13.53269503447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury Bills</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>B 05/20/25</title>
        <cusip>912797PJ0</cusip>
        <identifiers>
          <isin value="US912797PJ05"/>
        </identifiers>
        <balance>17500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17399386.73000000</valUSD>
        <pctVal>4.749013369127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury Bills</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>B 08/21/25</title>
        <cusip>912797PP6</cusip>
        <identifiers>
          <isin value="US912797PP64"/>
        </identifiers>
        <balance>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9837686.10000000</valUSD>
        <pctVal>2.685112040737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury Bills</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>B 09/25/25</title>
        <cusip>912797PY7</cusip>
        <identifiers>
          <isin value="US912797PY71"/>
        </identifiers>
        <balance>50000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48996139.50000000</valUSD>
        <pctVal>13.37307602456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Universal Technical Institute, Inc.</name>
        <lei>2549003YOJGAZ0PVFV48</lei>
        <title>UNIVERSAL TECHNI</title>
        <cusip>913915104</cusip>
        <identifiers>
          <isin value="US9139151040"/>
        </identifiers>
        <balance>15221.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>390875.28000000</valUSD>
        <pctVal>0.106686055042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Upstart Holdings Inc</name>
        <lei>549300WNB47JRNENIC75</lei>
        <title>UPSTART HOLDINGS</title>
        <cusip>91680M107</cusip>
        <identifiers>
          <isin value="US91680M1071"/>
        </identifiers>
        <balance>15557.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>716088.71000000</valUSD>
        <pctVal>0.195450271325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Varex Imaging Corporation</name>
        <lei>549300CWYWPVCT8E9W67</lei>
        <title>VAREX IMAGIN</title>
        <cusip>92214X106</cusip>
        <identifiers>
          <isin value="US92214X1063"/>
        </identifiers>
        <balance>62074.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>720058.40000000</valUSD>
        <pctVal>0.196533764161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vermilion Energy Inc.</name>
        <lei>WT03B8BB1IX8WI9ZGV02</lei>
        <title>VERMILION ENERGY</title>
        <cusip>923725105</cusip>
        <identifiers>
          <isin value="CA9237251058"/>
        </identifiers>
        <balance>46152.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>373831.20000000</valUSD>
        <pctVal>0.102034019597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="315555.36000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Victory Capital Holdings, Inc.</name>
        <lei>549300BN5LH2CIPPHS71</lei>
        <title>VICTORY CAPITA-A</title>
        <cusip>92645B103</cusip>
        <identifiers>
          <isin value="US92645B1035"/>
        </identifiers>
        <balance>6785.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>392647.95000000</valUSD>
        <pctVal>0.107169890114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vistra Corp</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>VISTRA CORP</title>
        <cusip>92840M102</cusip>
        <identifiers>
          <isin value="US92840M1027"/>
        </identifiers>
        <balance>5913.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>694422.72000000</valUSD>
        <pctVal>0.189536725189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Warby Parker Inc</name>
        <lei>N/A</lei>
        <title>WARBY PARKER-A</title>
        <cusip>93403J106</cusip>
        <identifiers>
          <isin value="US93403J1060"/>
        </identifiers>
        <balance>21227.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>386968.21000000</valUSD>
        <pctVal>0.105619653797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wayfair Inc</name>
        <lei>54930027N9ZAVYFDHK53</lei>
        <title>WAYFAIR INC- A</title>
        <cusip>94419L101</cusip>
        <identifiers>
          <isin value="US94419L1017"/>
        </identifiers>
        <balance>10311.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>330261.33000000</valUSD>
        <pctVal>0.090141997290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>West Fraser Timber Co Ltd.</name>
        <lei>5493005WD1ZK6WBVR988</lei>
        <title>WEST FRASER TIMB</title>
        <cusip>952845105</cusip>
        <identifiers>
          <isin value="CA9528451052"/>
        </identifiers>
        <balance>4917.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>378313.98000000</valUSD>
        <pctVal>0.103257555948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Willdan Group Inc.</name>
        <lei>529900YQO0LF5VAEKN05</lei>
        <title>WILLDAN GROUP IN</title>
        <cusip>96924N100</cusip>
        <identifiers>
          <isin value="US96924N1000"/>
        </identifiers>
        <balance>9914.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>403698.08000000</valUSD>
        <pctVal>0.110185928318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xerox Holdings Corporation</name>
        <lei>5493000Y33XDVO2CXC18</lei>
        <title>XEROX HOLDINGS C</title>
        <cusip>98421M106</cusip>
        <identifiers>
          <isin value="US98421M1062"/>
        </identifiers>
        <balance>147788.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>713816.04000000</valUSD>
        <pctVal>0.194829965541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zebra Technologies Corporation</name>
        <lei>PO0I32GKZ3HZMMDPZZ08</lei>
        <title>ZEBRA TECH CORP</title>
        <cusip>989207105</cusip>
        <identifiers>
          <isin value="US9892071054"/>
        </identifiers>
        <balance>1375.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>388520.00000000</valUSD>
        <pctVal>0.106043201568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABIOMED, INC.</name>
        <lei>N/A</lei>
        <title>ABIOMED INC -CVR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="ABIOM3278"/>
        </identifiers>
        <balance>476.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>485.52000000</valUSD>
        <pctVal>0.000132518519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adient PLC</name>
        <lei>5493002QLDY8O75RTR78</lei>
        <title>ADIENT PLC</title>
        <cusip>G0084W101</cusip>
        <identifiers>
          <isin value="IE00BD845X29"/>
        </identifiers>
        <balance>56909.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>731849.74000000</valUSD>
        <pctVal>0.199752109277</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>Ambarella Inc</name>
        <lei>254900XN7F4DG0CEKC02</lei>
        <title>AMBARELLA INC</title>
        <cusip>G037AX101</cusip>
        <identifiers>
          <isin value="KYG037AX1015"/>
        </identifiers>
        <balance>14549.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>732251.17000000</valUSD>
        <pctVal>0.199861676152</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>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Assured Guaranty Ltd.</name>
        <lei>549300BBOQUJEPH87M14</lei>
        <title>ASSURED GUARANTY</title>
        <cusip>G0585R106</cusip>
        <identifiers>
          <isin value="BMG0585R1060"/>
        </identifiers>
        <balance>4845.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>426844.50000000</valUSD>
        <pctVal>0.116503545124</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 Limited</name>
        <lei>529900AGLPA40GV6H619</lei>
        <title>AXALTA COATING S</title>
        <cusip>G0750C108</cusip>
        <identifiers>
          <isin value="BMG0750C1082"/>
        </identifiers>
        <balance>12142.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>402750.14000000</valUSD>
        <pctVal>0.109927196225</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>Brookfield Infrastructure Partners LP</name>
        <lei>549300WEH5R2OODI7Y90</lei>
        <title>BROOKFIELD INFRA</title>
        <cusip>G16252101</cusip>
        <identifiers>
          <isin value="BMG162521014"/>
        </identifiers>
        <balance>12471.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>371511.09000000</valUSD>
        <pctVal>0.101400765473</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>Capri Holdings Ltd.</name>
        <lei>549300LPG8W0H1OX3A26</lei>
        <title>CAPRI HOLDINGS L</title>
        <cusip>G1890L107</cusip>
        <identifiers>
          <isin value="VGG1890L1076"/>
        </identifiers>
        <balance>36017.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>710615.41000000</valUSD>
        <pctVal>0.193956381036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credo Technology Group Holding Ltd</name>
        <lei>N/A</lei>
        <title>CREDO TECHNOLOGY</title>
        <cusip>G25457105</cusip>
        <identifiers>
          <isin value="KYG254571055"/>
        </identifiers>
        <balance>17035.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>684125.60000000</valUSD>
        <pctVal>0.186726214606</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>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DLocal Limited</name>
        <lei>N/A</lei>
        <title>DLOCAL LTD</title>
        <cusip>G29018101</cusip>
        <identifiers>
          <isin value="KYG290181018"/>
        </identifiers>
        <balance>41525.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>346318.50000000</valUSD>
        <pctVal>0.094524664115</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>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ferroglobe PLC</name>
        <lei>2138005GCFJACFTZUD90</lei>
        <title>FERROGLOBE PLC</title>
        <cusip>G33856108</cusip>
        <identifiers>
          <isin value="GB00BYW6GV68"/>
        </identifiers>
        <balance>96240.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>357050.40000000</valUSD>
        <pctVal>0.097453844170</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>Genius Sports Limited</name>
        <lei>N/A</lei>
        <title>GENIUS SPORTS LT</title>
        <cusip>G3934V109</cusip>
        <identifiers>
          <isin value="GG00BMF1JR16"/>
        </identifiers>
        <balance>37195.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>372321.95000000</valUSD>
        <pctVal>0.101622082755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Helen Of Troy Corp</name>
        <lei>N/A</lei>
        <title>HELEN OF TROY</title>
        <cusip>G4388N106</cusip>
        <identifiers>
          <isin value="BMG4388N1065"/>
        </identifiers>
        <balance>6591.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>352552.59000000</valUSD>
        <pctVal>0.096226205510</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>Herbalife Ltd.</name>
        <lei>549300BA7TYPBSZZIA41</lei>
        <title>HERBALIFE LTD</title>
        <cusip>G4412G101</cusip>
        <identifiers>
          <isin value="KYG4412G1010"/>
        </identifiers>
        <balance>51585.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>445178.55000000</valUSD>
        <pctVal>0.121507666816</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>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nomad Foods Ltd.</name>
        <lei>5493000ZZ1837DS2SI43</lei>
        <title>NOMAD FOODS</title>
        <cusip>G6564A105</cusip>
        <identifiers>
          <isin value="VGG6564A1057"/>
        </identifiers>
        <balance>16827.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>330650.55000000</valUSD>
        <pctVal>0.090248231551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pentair PLC</name>
        <lei>549300EVR9D56WPSRP15</lei>
        <title>PENTAIR PLC</title>
        <cusip>G7S00T104</cusip>
        <identifiers>
          <isin value="IE00BLS09M33"/>
        </identifiers>
        <balance>4726.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>413430.48000000</valUSD>
        <pctVal>0.112842303420</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>Super Group Sghc Limited</name>
        <lei>N/A</lei>
        <title>SUPER GROUP SGHC</title>
        <cusip>G8588X103</cusip>
        <identifiers>
          <isin value="GG00BMG42V42"/>
        </identifiers>
        <balance>59865.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>385530.60000000</valUSD>
        <pctVal>0.105227270479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TechnipFMC PLC</name>
        <lei>549300D5I93QWCJTCK36</lei>
        <title>TECHNIPFMC PLC</title>
        <cusip>G87110105</cusip>
        <identifiers>
          <isin value="GB00BDSFG982"/>
        </identifiers>
        <balance>14105.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>446987.45000000</valUSD>
        <pctVal>0.122001390556</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>Trane Technologies PLC</name>
        <lei>549300BURLR9SLYY2705</lei>
        <title>TRANE TECHNOLOGI</title>
        <cusip>G8994E103</cusip>
        <identifiers>
          <isin value="IE00BK9ZQ967"/>
        </identifiers>
        <balance>1180.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>397565.60000000</valUSD>
        <pctVal>0.108512120501</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>On Holding AG</name>
        <lei>N/A</lei>
        <title>ON HOLDING AG-A</title>
        <cusip>H5919C104</cusip>
        <identifiers>
          <isin value="CH1134540470"/>
        </identifiers>
        <balance>8710.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>382543.20000000</valUSD>
        <pctVal>0.104411885272</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>N/A</name>
        <lei>N/A</lei>
        <title>JCP1MILS INDEX</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="JCP1MILSA            00001"/>
        </identifiers>
        <balance>142000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>230427.33000000</valUSD>
        <pctVal>0.062893163291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Total Return Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>JP Morgan International Long/Short Counterpoint</indexName>
                <indexIdentifier>JCP1MILS</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-12-31</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-14198334.67000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>230427.33000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>JCP1MULS INDEX</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="JCP1MULSA            00001"/>
        </identifiers>
        <balance>71000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>81323.39000000</valUSD>
        <pctVal>0.022196521769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Total Return Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>JP Morgan US Long/Short Counterpoint</indexName>
                <indexIdentifier>JCP1MULS</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-12-31</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-7095498.61000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>81323.39000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>JPCPILS1 INDEX</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="JPCPILS1A            00001"/>
        </identifiers>
        <balance>653900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5935341.74000000</valUSD>
        <pctVal>1.620000619044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Total Return Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>JP Morgan International Long/Short Counterpoint</indexName>
                <indexIdentifier>JPCPILS1</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-08-12</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-70257086.26000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>5935341.74000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>JPCPILS2 INDEX</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="JPCPILS2A            00001"/>
        </identifiers>
        <balance>801400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7029914.43000000</valUSD>
        <pctVal>1.918754846360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Total Return Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>JP Morgan International Long/Short Counterpoint</indexName>
                <indexIdentifier>JPCPILS2</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-08-12</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-80235332.97000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>7029914.43000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>JPCPILS3 INDEX</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="JPCPILS3A            00001"/>
        </identifiers>
        <balance>764300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5912901.90000000</valUSD>
        <pctVal>1.613875857188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Total Return Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>JP Morgan International Long/Short Counterpoint</indexName>
                <indexIdentifier>JPCPILS3</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-08-12</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-77378983.50000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>5912901.90000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>JPCPULS1 INDEX</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="JPCPULS1A            00001"/>
        </identifiers>
        <balance>393000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-1596438.65000000</valUSD>
        <pctVal>-0.43573423646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Total Return Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>JP Morgan US Long/Short Counterpoint</indexName>
                <indexIdentifier>JPCPULS1</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-08-12</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-38356951.25000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-1596438.65000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>JPCPULS2 INDEX</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="JPCPULS2A            00001"/>
        </identifiers>
        <balance>155600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>250155.15000000</valUSD>
        <pctVal>0.068277702550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Total Return Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>JP Morgan US Long/Short Counterpoint</indexName>
                <indexIdentifier>JPCPULS2</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-08-12</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-15658077.65000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>250155.15000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CP TE - JPCPUSHA IND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="JPCPUSH1             00001"/>
        </identifiers>
        <balance>606486.27000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4642054.15000000</valUSD>
        <pctVal>1.267008864200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Total Return Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>JP Morgan US Short Counterpoint</indexName>
                <indexIdentifier>JPCPUSHA</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-08-13</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-56907204.96000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>4642054.15000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CP TE - JPCPUSHB IND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="JPCPUSH2             00001"/>
        </identifiers>
        <balance>613326.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7112209.58000000</valUSD>
        <pctVal>1.941216601687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Total Return Swap " issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>JP Morgan US Short Counterpoint</indexName>
                <indexIdentifier>JPCPUSHB</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-08-13</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-57333019.87970000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>7112209.58000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orion S.A.</name>
        <lei>N/A</lei>
        <title>ORION SA</title>
        <cusip>L72967109</cusip>
        <identifiers>
          <isin value="LU1092234845"/>
        </identifiers>
        <balance>25736.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>332766.48000000</valUSD>
        <pctVal>0.090825756495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cellebrite Di Ltd</name>
        <lei>254900G03462YGP1IO36</lei>
        <title>CELLEBRITE DI LT</title>
        <cusip>M2197Q107</cusip>
        <identifiers>
          <isin value="IL0011794802"/>
        </identifiers>
        <balance>42064.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>817303.52000000</valUSD>
        <pctVal>0.223075985570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kornit Digital Limited</name>
        <lei>5299006DPCQWP3VTFK34</lei>
        <title>KORNIT DIGITAL L</title>
        <cusip>M6372Q113</cusip>
        <identifiers>
          <isin value="IL0011216723"/>
        </identifiers>
        <balance>19200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>366336.00000000</valUSD>
        <pctVal>0.099988269045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Monday.Com Limited</name>
        <lei>984500MDAFVD86E3B328</lei>
        <title>MONDAY.COM LTD</title>
        <cusip>M7S64H106</cusip>
        <identifiers>
          <isin value="IL0011762130"/>
        </identifiers>
        <balance>1523.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>370332.68000000</valUSD>
        <pctVal>0.101079128571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pagaya Technologies Ltd.</name>
        <lei>N/A</lei>
        <title>PAGAYA TECHNOL-A</title>
        <cusip>M7S64L123</cusip>
        <identifiers>
          <isin value="IL0011858912"/>
        </identifiers>
        <balance>64652.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>677552.96000000</valUSD>
        <pctVal>0.184932268893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZIM Integrated Shipping Services Ltd</name>
        <lei>21380089EIJRELKAIL21</lei>
        <title>ZIM INTEGRATED S</title>
        <cusip>M9T951109</cusip>
        <identifiers>
          <isin value="IL0065100930"/>
        </identifiers>
        <balance>47485.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>692806.15000000</valUSD>
        <pctVal>0.189095496273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="433037.52000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Elastic NV</name>
        <lei>2549003I48WHHH937I59</lei>
        <title>ELASTIC NV</title>
        <cusip>N14506104</cusip>
        <identifiers>
          <isin value="NL0013056914"/>
        </identifiers>
        <balance>3763.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>335283.30000000</valUSD>
        <pctVal>0.091512700927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Global Ship Lease Inc.</name>
        <lei>254900GLZ0J5N8UZM071</lei>
        <title>GLOBAL SHIP-CL A</title>
        <cusip>Y27183600</cusip>
        <identifiers>
          <isin value="MHY271836006"/>
        </identifiers>
        <balance>33051.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>755215.35000000</valUSD>
        <pctVal>0.206129552114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Navigator Holdings Ltd.</name>
        <lei>213800H7RVOFYARK2W19</lei>
        <title>NAVIGATOR HOLDIN</title>
        <cusip>Y62132108</cusip>
        <identifiers>
          <isin value="MHY621321089"/>
        </identifiers>
        <balance>27078.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>360408.18000000</valUSD>
        <pctVal>0.098370321421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</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 deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-04-28</ncom:dateSigned>
      <ncom:nameOfApplicant>NORTHERN LIGHTS FUND TRUST III</ncom:nameOfApplicant>
      <ncom:signature>Rich Gleason</ncom:signature>
      <ncom:signerName>Rich Gleason</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
