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      <invstOrSec>
        <name>HSBC US GOVERNMENT MONEY MARKET FUND</name>
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          <isin value="US40428X1072"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <cashCollateralCondition cashCollateralVal="811910.89000000" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>CARPENTER TECHNOLOGY CORPORATION</name>
        <lei>DX6I6ZD3X5WNNCDJKP85</lei>
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          <isin value="US1442851036"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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

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

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ADVANCED DRAINAGE SYSTEMS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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

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

        <fairValLevel>1</fairValLevel>
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        <name>CHIPOTLE MEXICAN GRILL, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QUEST DIAGNOSTICS INCORPORATED</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Philip Morris International Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>NVIDIA CORPORATION</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EMERSON ELECTRIC CO.</name>
        <lei>FGLT0EWZSUIRRITFOA30</lei>
        <title>EMERSON ELECTRIC CO</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>KEYSIGHT TECHNOLOGIES, INC.</name>
        <lei>549300GLKVIO8YRCYN02</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CACI INTERNATIONAL INC.</name>
        <lei>SYRPI2D1O9WRTS2WX210</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>C.H. ROBINSON WORLDWIDE, INC.</name>
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        <name>STANLEY BLACK &amp; DECKER, INC.</name>
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        <name>CATERPILLAR INC.</name>
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        <name>HALLIBURTON COMPANY</name>
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        <name>ILLUMINA, INC.</name>
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        <name>SYNOPSYS, INC.</name>
        <lei>QG7T915N9S0NY5UKNE63</lei>
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        <name>PULTEGROUP, INC.</name>
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        <name>T-MOBILE US, INC.</name>
        <lei>549300QHIJYOHPACPG31</lei>
        <title>T MOBILE US INC</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>AUTOMATIC DATA PROCESSING, INC.</name>
        <lei>HGBOLILQXWER4SAL2I23</lei>
        <title>AUTOMATIC DATA PROCESSING INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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        <name>GENERAL MILLS, INC.</name>
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        <name>ARISTA NETWORKS, INC.</name>
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        <name>DEXCOM, INC.</name>
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        <name>CVS HEALTH CORPORATION</name>
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        <name>BLOCK, INC.</name>
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        <name>RENAISSANCERE HOLDINGS LTD.</name>
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        <name>HONEYWELL INTERNATIONAL INCORPORATION</name>
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        <name>ONEOK, INC.</name>
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        <title>ONEOK INC</title>
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      <invstOrSec>
        <name>BALL CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MONOLITHIC POWER SYSTEMS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ULTA BEAUTY, INC.</name>
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      <invstOrSec>
        <name>SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>QUANTA SERVICES, INC.</name>
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        <name>THE HERSHEY COMPANY</name>
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        <name>DEERE &amp; COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>EDISON INTERNATIONAL</name>
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        <name>MARVELL TECHNOLOGY, INC.</name>
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        <name>Carnival Corporation Ltd.</name>
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        <name>COUPANG, INC.</name>
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        <name>GILEAD SCIENCES, INC.</name>
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        <name>TRIMBLE INC.</name>
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        <name>MCKESSON CORPORATION</name>
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        <name>ADVANCED MICRO DEVICES, INC.</name>
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        <name>UNION PACIFIC CORPORATION</name>
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        <name>SYSCO CORPORATION</name>
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        <name>WESCO INTERNATIONAL, INC.</name>
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        <name>CARVANA CO.</name>
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        <name>WOODWARD, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HILTON WORLDWIDE HOLDINGS INC.</name>
        <lei>549300HVGPK36ICB0B89</lei>
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          <isin value="US43300A2033"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HCA HEALTHCARE, INC.</name>
        <lei>529900PH4ZGUH2MNEU89</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NVR, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HEICO CORPORATION</name>
        <lei>529900O1DTDLCJ7L0I14</lei>
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          <isin value="US4228061093"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HECLA MINING COMPANY</name>
        <lei>5493009Y6HOBZD1QD537</lei>
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          <isin value="US4227041062"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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

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

        <fairValLevel>1</fairValLevel>
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        <name>COEUR MINING, INC.</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MARSH &amp; MCLENNAN COMPANIES, INC.</name>
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        <title>MARSH MCLENNAN COS INC</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>W. R. BERKLEY CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TWILIO INC.</name>
        <lei>5493004W8TRGD63APX93</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>DEVON ENERGY CORPORATION</name>
        <lei>54930042348RKR3ZPN35</lei>
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        <curCd>USD</curCd>
        <valUSD>869372.80000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>RBC BEARINGS INCORPORATED</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>AMEREN CORPORATION</name>
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        <name>AMERIPRISE FINANCIAL, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>UBER TECHNOLOGIES, INC.</name>
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        <name>DT MIDSTREAM, INC.</name>
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        <name>Astera Labs, Inc</name>
        <lei>529900LJL8TUEGF7HG20</lei>
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        <name>Pinnacle Financial Partners, Inc.</name>
        <lei>N/A</lei>
        <title>PINNACLE FINANCIAL PARTNERS INC</title>
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        <name>KEYCORP</name>
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        <title>KEYCORP</title>
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        <name>WEST PHARMACEUTICAL SERVICES, INC.</name>
        <lei>5493007NKRGM1RJQ1P16</lei>
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        <name>QUALCOMM INCORPORATED</name>
        <lei>H1J8DDZKZP6H7RWC0H53</lei>
        <title>QUALCOMM INC</title>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Coherent Corp.</name>
        <lei>549300O5C25A0MMHHU33</lei>
        <title>COHERENT CORP</title>
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        <name>SLB N.V.</name>
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        <name>THE WALT DISNEY COMPANY</name>
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        <name>EDWARDS LIFESCIENCES CORPORATION</name>
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        <name>TARGA RESOURCES CORP.</name>
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        <name>Xcel Energy Inc.</name>
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        <name>SNAP-ON INCORPORATED</name>
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        <name>VERTIV HOLDINGS CO</name>
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        <name>CBRE GROUP, INC.</name>
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        <name>EAST WEST BANCORP, INC.</name>
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        <name>GENERAC HOLDINGS INC.</name>
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        <name>INSULET CORPORATION</name>
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        <name>PHILLIPS 66</name>
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        <name>GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND</name>
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        <name>AMGEN INC.</name>
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        <name>AVERY DENNISON CORPORATION</name>
        <lei>549300PW7VPFCYKLIV37</lei>
        <title>AVERY DENNISON CORP</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ACCENTURE PUBLIC LIMITED COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ENTERGY CORPORATION</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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

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      <invstOrSec>
        <name>ROYAL CARIBBEAN CRUISES LTD.</name>
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        <invCountry>LR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ALCOA CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dominion Energy, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MEDTRONIC PUBLIC LIMITED COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CASEY'S GENERAL STORES, INC.</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CHURCH &amp; DWIGHT CO., INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CITIGROUP INC.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <cusip>172967424</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>RALPH LAUREN CORPORATION</name>
        <lei>HO1QNWM0IXBZ0QSMMO20</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>THE BOEING COMPANY</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>BOEING CO</title>
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        <name>OTIS WORLDWIDE CORPORATION</name>
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        <name>EXPEDIA GROUP, INC.</name>
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        <name>ADVANCED ENERGY INDUSTRIES, INC.</name>
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        <title>ADVANCED ENERGY INDUSTRIES INC</title>
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        <name>OVINTIV INC.</name>
        <lei>2549003MEX7YMKLGI239</lei>
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        <name>ON SEMICONDUCTOR CORPORATION</name>
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        <name>SOLVENTUM CORPORATION</name>
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        <name>Northrop Grumman Corporation</name>
        <lei>RIMU48P07456QXSO0R61</lei>
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        <name>CHEVRON CORPORATION</name>
        <lei>N/A</lei>
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        <name>WATERS CORPORATION</name>
        <lei>5T547R1474YC9HOD8Q74</lei>
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        <name>DANAHER CORPORATION</name>
        <lei>S4BKK9OTCEWQ3YHPFM11</lei>
        <title>DANAHER CORP</title>
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        <name>UNITEDHEALTH GROUP INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SYNCHRONY FINANCIAL</name>
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        <name>DATADOG, INC.</name>
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        <name>IDEXX LABORATORIES, INC.</name>
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        <name>BLACKSTONE INC.</name>
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        <name>PERFORMANCE FOOD GROUP COMPANY</name>
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        <name>Mondelez International, Inc.</name>
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        <name>THE NEW YORK TIMES COMPANY</name>
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        <name>VERISIGN, INC.</name>
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        <name>CORNING INCORPORATED</name>
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        <name>M&amp;T BANK CORPORATION</name>
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        <name>NUCOR CORPORATION</name>
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        <name>THE ALLSTATE CORPORATION</name>
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        <name>GENUINE PARTS COMPANY</name>
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        <name>THE CIGNA GROUP</name>
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        <name>The Bank of New York Mellon Corporation</name>
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        <name>PFIZER INC.</name>
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        <name>VENTURE GLOBAL, INC.</name>
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        <name>CARDINAL HEALTH, INC.</name>
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        <name>GEN DIGITAL INC.</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
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        <name>CENTERPOINT ENERGY, INC.</name>
        <lei>21TPXMRRHFKOBHDC8J74</lei>
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      </invstOrSec>
      <invstOrSec>
        <name>ARCHER-DANIELS-MIDLAND COMPANY.</name>
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        <title>ARCHER DANIELS MIDLAND CO</title>
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          <isin value="US0394831020"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VALERO ENERGY CORPORATION</name>
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          <isin value="US91913Y1001"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ANALOG DEVICES, INC.</name>
        <lei>GYVOE5EZ4GDAVTU4CQ61</lei>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADOBE INC.</name>
        <lei>FU4LY2G4933NH2E1CP29</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ROKU, INC.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UL SOLUTIONS INC.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ENTEGRIS, INC.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASTERCARD INCORPORATED</name>
        <lei>AR5L2ODV9HN37376R084</lei>
        <title>MASTERCARD INC CLASS A</title>
        <cusip>57636Q104</cusip>
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          <isin value="US57636Q1040"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TAPESTRY, INC.</name>
        <lei>549300LJNVY5SW3VTN33</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BEST BUY CO., INC.</name>
        <lei>HL5XPTVRV0O8TUN5LL90</lei>
        <title>BEST BUY CO INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BROADRIDGE FINANCIAL SOLUTIONS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BAKER HUGHES COMPANY</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WILLIAMS-SONOMA, INC.</name>
        <lei>549300IARG6YWVTZ1I92</lei>
        <title>WILLIAMS SONOMA INC</title>
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        <name>AUTOZONE, INC.</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AUTOZONE INC</title>
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        <name>ATI INC</name>
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        <name>JOHNSON &amp; JOHNSON</name>
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        <title>JOHNSON JOHNSON</title>
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        <name>MSILF Government Portfolio</name>
        <lei>N/A</lei>
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        <name>VERTEX PHARMACEUTICALS INCORPORATED</name>
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        <title>VERTEX PHARAMACEUTICALS INC</title>
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        <name>LAM RESEARCH CORPORATION</name>
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        <name>ZOOM COMMUNICATIONS, INC.</name>
        <lei>549300T9GCHU0ODOM055</lei>
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        <name>VERALTO CORPORATION</name>
        <lei>635400FJE6GSOJUSNY27</lei>
        <title>VERALTO CORP</title>
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        <name>TRADEWEB MARKETS INC.</name>
        <lei>N/A</lei>
        <title>TRADEWEB MARKETS INC</title>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>HUNTINGTON BANCSHARES INCORPORATED</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>HUNTINGTON BANCSHARES INC OH</title>
        <cusip>446150104</cusip>
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        <balance>66014.00000000</balance>
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        <name>ARTHUR J. GALLAGHER &amp; CO.</name>
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        <name>THE CLOROX COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MICRON TECHNOLOGY, INC.</name>
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        <name>CNA FINANCIAL CORPORATION</name>
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        <name>MICROSOFT CORPORATION</name>
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        <name>THE KROGER CO.</name>
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        <name>CONSOLIDATED EDISON, INC.</name>
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        <name>HONEYWELL AEROSPACE INC.</name>
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        <name>BERKSHIRE HATHAWAY INC.</name>
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        <name>COLGATE-PALMOLIVE COMPANY</name>
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        <name>ROLLINS, INC.</name>
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        <name>RTX CORPORATION</name>
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        <name>COPART, INC.</name>
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        <name>CME GROUP INC.</name>
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        <name>THE PROGRESSIVE CORPORATION</name>
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        <name>GE HEALTHCARE TECHNOLOGIES INC.</name>
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        <name>LINDE PUBLIC LIMITED COMPANY</name>
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        <name>PRINCIPAL FINANCIAL GROUP, INC.</name>
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        <name>PAYPAL HOLDINGS, INC.</name>
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        <name>EQUIFAX INC.</name>
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        <name>CRH PUBLIC LIMITED COMPANY</name>
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        <name>ALPHABET INC.</name>
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        <name>THE SHERWIN-WILLIAMS COMPANY</name>
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        <name>Pepsico, Inc.</name>
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        <name>RESMED INC.</name>
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        <name>STERIS PUBLIC LIMITED COMPANY</name>
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        <name>VISTRA CORP.</name>
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        <name>LENNAR CORPORATION</name>
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        <name>KKR &amp; CO. INC.</name>
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        <name>ROCKWELL AUTOMATION, INC.</name>
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        <name>THE PROCTER &amp; GAMBLE COMPANY</name>
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        <name>PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED</name>
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        <name>ALLEGION PUBLIC LIMITED COMPANY</name>
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        <name>OMNICOM GROUP INC.</name>
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        <name>EBAY INC.</name>
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        <name>PG&amp;E CORPORATION</name>
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        <name>DUKE ENERGY CORPORATION</name>
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        <title>DUKE ENERGY CORP</title>
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          <isin value="US26441C2044"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEWS CORPORATION</name>
        <lei>549300ITS31QK8VRBQ14</lei>
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          <isin value="US65249B1098"/>
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        <balance>48067.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GLOBUS MEDICAL, INC.</name>
        <lei>5299003M2P4CIK0RF205</lei>
        <title>GLOBUS MEDICAL INC</title>
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          <isin value="US3795772082"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Markel Group Inc.</name>
        <lei>549300SCNO12JLWIK605</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chubb Limited</name>
        <lei>E0JAN6VLUDI1HITHT809</lei>
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        <cusip>H1467J104</cusip>
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          <isin value="CH0044328745"/>
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        <balance>4922.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>O'Reilly Automotive, Inc.</name>
        <lei>549300K2RLMQL149Q332</lei>
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        <balance>14837.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INTERACTIVE BROKERS GROUP, INC.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEXTERA ENERGY, INC.</name>
        <lei>254900RHL9MEUS5NKX63</lei>
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          <isin value="US65339F1012"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOAST, INC.</name>
        <lei>549300TN1PZNLCD4I551</lei>
        <title>TOAST INC</title>
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          <isin value="US8887871080"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEUROCRINE BIOSCIENCES, INC.</name>
        <lei>549300FECER0XBN49756</lei>
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          <isin value="US64125C1099"/>
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        <balance>7289.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALNYLAM PHARMACEUTICALS, INC.</name>
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        <cusip>02043Q107</cusip>
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          <isin value="US02043Q1076"/>
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        <balance>2370.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ALLIANT ENERGY CORPORATION</name>
        <lei>5493009ML300G373MZ12</lei>
        <title>ALLIANT ENERGY CORP</title>
        <cusip>018802108</cusip>
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        <balance>27975.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KIMBERLY-CLARK CORPORATION</name>
        <lei>MP3J6QPYPGN75NVW2S34</lei>
        <title>KIMBERLY CLARK CORP</title>
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        <balance>10500.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FORTIVE CORPORATION</name>
        <lei>549300MU9YQJYHDQEF63</lei>
        <title>FORTIVE CORPORATION</title>
        <cusip>34959J108</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>REINSURANCE GROUP OF AMERICA, INCORPORATED</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PACKAGING CORPORATION OF AMERICA</name>
        <lei>549300XZP8MFZFY8TJ84</lei>
        <title>PACKAGING CORP OF AMERICA</title>
        <cusip>695156109</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WEC ENERGY GROUP INC.</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC ENERGY GROUP</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>The Travelers Companies, Inc.</name>
        <lei>549300Y650407RU8B149</lei>
        <title>TRAVELERS COMPANIES INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CMS ENERGY CORPORATION</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS ENERGY CORP</title>
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        <name>TEXAS PACIFIC LAND CORPORATION</name>
        <lei>254900EMA79D44WVLD22</lei>
        <title>TEXAS PACIFIC LAND CORP</title>
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        <name>VISA INC.</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>VISA INC CLASS A</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>THE CARLYLE GROUP INC.</name>
        <lei>529900NGGVF94UK6PG95</lei>
        <title>CARLYLE GROUP INC</title>
        <cusip>14316J108</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MARATHON PETROLEUM CORPORATION</name>
        <lei>3BNYRYQHD39K4LCKQF12</lei>
        <title>MARATHON PETROLEUM CORP</title>
        <cusip>56585A102</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CISCO SYSTEMS, INC.</name>
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        <name>AMAZON.COM, INC.</name>
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        <name>Somnigroup International Inc.</name>
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        <name>SALESFORCE, INC.</name>
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        <name>SOUTHWEST AIRLINES CO.</name>
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        <name>APPLE INC.</name>
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        <name>NEWMONT CORPORATION</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CELSIUS HOLDINGS, INC.</name>
        <lei>N/A</lei>
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          <isin value="US15118V2079"/>
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        <balance>9834.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>TELEDYNE TECHNOLOGIES INCORPORATED</name>
        <lei>549300VSMO9KYQWDND94</lei>
        <title>TELEDYNE TECHNOLOGIES INC</title>
        <cusip>879360105</cusip>
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          <isin value="US8793601050"/>
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        <balance>1843.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELL TECHNOLOGIES INC.</name>
        <lei>549300TJB5YBRUPOG437</lei>
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          <isin value="US24703L2025"/>
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        <balance>3909.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Everpure, Inc</name>
        <lei>549300NPDB0BZTK3WO90</lei>
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          <isin value="US74624M1027"/>
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        <balance>6570.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COCA-COLA CONSOLIDATED, INC.</name>
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          <isin value="US1910981026"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PARKER-HANNIFIN CORPORATION</name>
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        <title>PARKER HANNIFIN CORP</title>
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          <isin value="US7010941042"/>
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        <balance>1339.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BECTON, DICKINSON AND COMPANY</name>
        <lei>ICE2EP6D98PQUILVRZ91</lei>
        <title>BECTON DICKINSON AND CO</title>
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          <isin value="US0758871091"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOWMET AEROSPACE INC.</name>
        <lei>549300HO5WFZUT5N2T22</lei>
        <title>HOWMET AEROSPACE INC</title>
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          <isin value="US4432011082"/>
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        <balance>4004.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>APPLOVIN CORPORATION</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>APPLOVIN CORP</title>
        <cusip>03831W108</cusip>
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          <isin value="US03831W1080"/>
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        <balance>942.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EQT CORPORATION</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT CORP</title>
        <cusip>26884L109</cusip>
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        <balance>13990.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLOBAL PAYMENTS INC.</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>GLOBAL PAYMENTS INC</title>
        <cusip>37940X102</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LIBERTY MEDIA CORP - FORMULA ONE GROUP</name>
        <lei>549300ZKUTPIBZLWLL89</lei>
        <title>LIBERTY MEDIA CORP - FORMULA ONE GROUP</title>
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          <isin value="US5312297550"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MARTIN MARIETTA MATERIALS, INC.</name>
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        <title>MARTIN MARIETTA MATERIALS INC</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>EVERSOURCE ENERGY</title>
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        <name>3M COMPANY</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>3M CO</title>
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        <name>ORACLE CORPORATION</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
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        <name>CUMMINS INC.</name>
        <lei>ZUNI8PYC725B6H8JU438</lei>
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        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO CO</title>
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        <name>TKO GROUP HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>TKO GROUP HOLDINGS INC</title>
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        <invCountry>US</invCountry>

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        <name>FIRST CITIZENS BANCSHARES, INC.</name>
        <lei>549300N3Z00ZHE2XC526</lei>
        <title>FIRST CITIZENS BCSHS CL A</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>EMCOR GROUP, INC.</name>
        <lei>529900X0SQJB2J7YDU43</lei>
        <title>EMCOR GROUP INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>EATON CORPORATION PUBLIC LIMITED COMPANY</name>
        <lei>549300VDIGTMXUNT7H71</lei>
        <title>EATON CORP PLC</title>
        <cusip>G29183103</cusip>
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        <name>JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY</name>
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        <name>HP INC.</name>
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        <name>AUTODESK, INC.</name>
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        <name>TYLER TECHNOLOGIES, INC.</name>
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        <name>FASTENAL COMPANY</name>
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        <name>LPL FINANCIAL HOLDINGS INC.</name>
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        <name>THE TJX COMPANIES, INC.</name>
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        <name>LEIDOS HOLDINGS, INC.</name>
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        <name>BURLINGTON STORES, INC.</name>
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        <name>WARNER MUSIC GROUP CORP.</name>
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        <name>DECKERS OUTDOOR CORPORATION</name>
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        <title>DECKERS OUTDOOR CORP</title>
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        <name>TYSON FOODS, INCORPORATED</name>
        <lei>WD6L6041MNRW1JE49D58</lei>
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        <name>GRACO INC.</name>
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        <name>NXP Semiconductors N.V.</name>
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        <name>THE CHARLES SCHWAB CORPORATION</name>
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        <name>MARRIOTT INTERNATIONAL, INC.</name>
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        <name>BRISTOL-MYERS SQUIBB COMPANY</name>
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        <name>STARBUCKS CORPORATION</name>
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        <name>METLIFE, INC.</name>
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        <name>IQVIA HOLDINGS INC</name>
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        <name>TE CONNECTIVITY PUBLIC LIMITED COMPANY</name>
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        <name>BWX TECHNOLOGIES, INC.</name>
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        <name>NEXTPOWER INC.</name>
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        <name>ARES MANAGEMENT CORPORATION</name>
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        <name>ECOLAB INC.</name>
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        <name>STEEL DYNAMICS, INC.</name>
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        <name>FRANKLIN RESOURCES, INC.</name>
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        <name>SUPER MICRO COMPUTER, INC.</name>
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      <invstOrSec>
        <name>ROPER TECHNOLOGIES, INC.</name>
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        <name>MONSTER BEVERAGE CORPORATION</name>
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        <name>CAPITAL ONE FINANCIAL CORPORATION</name>
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        <name>SERVICENOW, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>UNITED RENTALS, INC.</name>
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        <name>MKS, INCORPORATED.</name>
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        <name>CROWN HOLDINGS, INC.</name>
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        <name>EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.</name>
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        <name>NIKE, INC.</name>
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        <name>J. B. HUNT TRANSPORT SERVICES, INC.</name>
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        <name>AMERICAN EXPRESS COMPANY</name>
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        <name>LABCORP HOLDINGS INC.</name>
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        <name>WASTE MANAGEMENT, INC.</name>
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        <name>AECOM</name>
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        <name>KRATOS DEFENSE &amp; SECURITY SOLUTIONS, INC.</name>
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        <name>ROBINHOOD MARKETS, INC.</name>
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        <name>TRANE TECHNOLOGIES PUBLIC LIMITED COMPANY</name>
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        <name>TD SYNNEX CORPORATION</name>
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        <name>BOSTON SCIENTIFIC CORPORATION</name>
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        <name>Garmin Ltd.</name>
        <lei>2549001E0HIPIJQ0W046</lei>
        <title>GARMIN LTD</title>
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        <invCountry>CH</invCountry>

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        <name>HUBSPOT, INC.</name>
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        <name>COINBASE GLOBAL, INC.</name>
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        <name>COMFORT SYSTEMS USA, INC.</name>
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        <name>XYLEM INC.</name>
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        <name>INTUIT INC.</name>
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        <name>AGILENT TECHNOLOGIES, INC.</name>
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        <name>AMERICAN ELECTRIC POWER COMPANY, INC.</name>
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        <name>CSX Corporation</name>
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        <name>AKAMAI TECHNOLOGIES, INC.</name>
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        <name>THE PNC FINANCIAL SERVICES GROUP, INC.</name>
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        <name>OLD DOMINION FREIGHT LINE, INC.</name>
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        <name>EXPAND ENERGY CORPORATION</name>
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        <name>BOOKING HOLDINGS INC.</name>
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        <name>THE SOUTHERN COMPANY</name>
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        <name>KEURIG DR PEPPER INC.</name>
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        <name>WALMART INC.</name>
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        <name>Altria Group, Inc.</name>
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        <name>TRACTOR SUPPLY COMPANY</name>
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        <name>L3HARRIS TECHNOLOGIES, INC.</name>
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        <name>INGERSOLL RAND INC.</name>
        <lei>5299004C02FMZCUOIR50</lei>
        <title>INGERSOLL RAND INC</title>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <lei>54930070NSV60J38I987</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Evergy, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>TEXAS INSTRUMENTS INCORPORATED</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CONSTELLATION BRANDS, INC.</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>EXELON CORPORATION</name>
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        <title>EXELON CORP</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INCYTE CORPORATION</name>
        <lei>549300Z4WN6JVZ3T4680</lei>
        <title>INCYTE PHARMACEUTICALS INC</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FTAI Aviation Ltd.</name>
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        <title>FTAI AVIATION LTD</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>METTLER-TOLEDO INTERNATIONAL INC.</name>
        <lei>5493000BD5GJNUDIUG10</lei>
        <title>METTLER TOLEDO INTERNATIONAL</title>
        <cusip>592688105</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Victory Portfolios II</ncom:nameOfApplicant>
      <ncom:signature>Carol D. Trevino</ncom:signature>
      <ncom:signerName>Carol D. Trevino</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
