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      <invstOrSec>
        <name>Thermo Fisher Scientific Inc</name>
        <lei>HCHV7422L5HDJZCRFL38</lei>
        <title>Thermo Fisher Scientific Inc COM</title>
        <cusip>883556102</cusip>
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          <isin value="US8835561023"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Roper Technologies Inc</name>
        <lei>54930003T4SXCIWVXY35</lei>
        <title>Roper Technologies Inc COM</title>
        <cusip>776696106</cusip>
        <identifiers>
          <isin value="US7766961061"/>
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        <balance>120.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41967.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vertiv Holdings Co</name>
        <lei>549300KTTIRAOGXCRV69</lei>
        <title>Vertiv Holdings Co COM CL A</title>
        <cusip>92537N108</cusip>
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          <isin value="US92537N1081"/>
          <ticker value="VRT"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Cencora Inc</name>
        <lei>AI8GXW8LG5WK7E9UD086</lei>
        <title>Cencora Inc COM</title>
        <cusip>03073E105</cusip>
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          <isin value="US03073E1055"/>
          <ticker value="COR"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Trade Desk Inc</name>
        <lei>549300GXPD31VT3E0P46</lei>
        <title>The Trade Desk Inc COM CL A</title>
        <cusip>88339J105</cusip>
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          <isin value="US88339J1051"/>
          <ticker value="TTD"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ServiceTitan Inc.</name>
        <lei>N/A</lei>
        <title>ServiceTitan Inc. SHS CL A</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hilton Worldwide Holdings Inc</name>
        <lei>549300HVGPK36ICB0B89</lei>
        <title>Hilton Worldwide Holdings Inc COM</title>
        <cusip>43300A203</cusip>
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          <isin value="US43300A2033"/>
          <ticker value="HLT"/>
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        <balance>594.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185197.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>First Watch Restaurant Group Inc</name>
        <lei>N/A</lei>
        <title>First Watch Restaurant Group Inc COM</title>
        <cusip>33748L101</cusip>
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          <isin value="US33748L1017"/>
          <ticker value="FWRG"/>
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        <balance>5478.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68255.88000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Veeva Systems Inc</name>
        <lei>549300YZEXPDB92M2F02</lei>
        <title>Veeva Systems Inc CL A COM</title>
        <cusip>922475108</cusip>
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          <isin value="US9224751084"/>
          <ticker value="VEEV"/>
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        <balance>280.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50962.80000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Quanta Services, Inc.</name>
        <lei>SHVRXXEACT60MMH07S24</lei>
        <title>Quanta Services, Inc. COM</title>
        <cusip>74762E102</cusip>
        <identifiers>
          <isin value="US74762E1029"/>
          <ticker value="PWR"/>
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        <balance>361.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>203271.88000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DexCom Inc</name>
        <lei>549300YSK3QDSFR5EU59</lei>
        <title>DexCom Inc COM</title>
        <cusip>252131107</cusip>
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          <isin value="US2521311074"/>
          <ticker value="DXCM"/>
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        <balance>1808.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132761.44000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aon PLC</name>
        <lei>635400FALWQYX5E6QC64</lei>
        <title>Aon PLC SHS CL A</title>
        <cusip>000000000</cusip>
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          <isin value="IE00BLP1HW54"/>
          <ticker value="AON"/>
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        <balance>128.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

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      <invstOrSec>
        <name>Casella Waste Systems, Inc.</name>
        <lei>8EU0XUFVJ48U37IIDH51</lei>
        <title>Casella Waste Systems, Inc. CL A</title>
        <cusip>147448104</cusip>
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          <ticker value="CWST"/>
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        <name>BRIGHT HORIZONS FAMILY SOLUTIONS LLC</name>
        <lei>254900BHOU40CFNXWQ75</lei>
        <title>Bright Horizons Family Solutions Inc Del COM</title>
        <cusip>109194100</cusip>
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          <isin value="US1091941005"/>
          <ticker value="BFAM"/>
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      <invstOrSec>
        <name>IDEXX Laboratories Inc.</name>
        <lei>OGMTXK0LUU1HKV2P0J84</lei>
        <title>IDEXX Laboratories Inc. COM</title>
        <cusip>45168D104</cusip>
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          <ticker value="IDXX"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>Roblox Corporation</name>
        <lei>529900ANZDBDFU91SO19</lei>
        <title>Roblox Corporation CL A</title>
        <cusip>771049103</cusip>
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          <isin value="US7710491033"/>
          <ticker value="RBLX"/>
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        <curCd>USD</curCd>
        <valUSD>34810.62000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Sprouts Farmers Markets Inc</name>
        <lei>529900P8F4G77Q52XE24</lei>
        <title>Sprouts Farmers Markets Inc COM</title>
        <cusip>85208M102</cusip>
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          <isin value="US85208M1027"/>
          <ticker value="SFM"/>
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        <balance>960.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>API Group Corp</name>
        <lei>213800NZT1VX6PZ7BT53</lei>
        <title>API Group Corp COM STK</title>
        <cusip>00187Y100</cusip>
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          <ticker value="APG"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>CAVA Group Inc.</name>
        <lei>N/A</lei>
        <title>CAVA Group Inc. COM</title>
        <cusip>148929102</cusip>
        <identifiers>
          <isin value="US1489291021"/>
          <ticker value="CAVA"/>
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        <balance>1234.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>Black Rock Coffee Bar Inc.</name>
        <lei>N/A</lei>
        <title>Black Rock Coffee Bar Inc. CL A</title>
        <cusip>092244102</cusip>
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          <isin value="US0922441029"/>
          <ticker value="BRCB"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Cadence Design Systems, Inc.</name>
        <lei>GCT7RXJOGLXPV0NXZY22</lei>
        <title>Cadence Design Systems, Inc. COM</title>
        <cusip>127387108</cusip>
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          <isin value="US1273871087"/>
          <ticker value="CDNS"/>
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        <balance>179.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Baker Hughes Company</name>
        <lei>N/A</lei>
        <title>Baker Hughes Company CL A</title>
        <cusip>05722G100</cusip>
        <identifiers>
          <isin value="US05722G1004"/>
          <ticker value="BKR"/>
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        <balance>475.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30998.50000000</valUSD>
        <pctVal>0.552578451540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tyler Technologies Inc.</name>
        <lei>25490040SMU4Z8LBCW70</lei>
        <title>Tyler Technologies Inc. COM</title>
        <cusip>902252105</cusip>
        <identifiers>
          <isin value="US9022521051"/>
          <ticker value="TYL"/>
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        <balance>224.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79450.56000000</valUSD>
        <pctVal>1.416283607879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Birkenstock Holding PLC</name>
        <lei>529900CQ8LQKQ7LIT631</lei>
        <title>Birkenstock Holding PLC COM SHS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JE00BS44BN30"/>
          <ticker value="BIRK"/>
          <other otherDesc="SEDOL" value="BS44BN3"/>
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        <balance>2349.00000000</balance>
        <units>NS</units>
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      <invstOrSec>
        <name>Xylem, Inc.</name>
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      <invstOrSec>
        <name>GE Vernova Inc.</name>
        <lei>254900DP080RU6OK2553</lei>
        <title>GE Vernova Inc. COM</title>
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      <invstOrSec>
        <name>Marvell Technology Inc</name>
        <lei>N/A</lei>
        <title>Marvell Technology Inc COM</title>
        <cusip>573874104</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>NextEra Energy Inc</name>
        <lei>254900RHL9MEUS5NKX63</lei>
        <title>NextEra Energy Inc COM</title>
        <cusip>65339F101</cusip>
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          <isin value="US65339F1012"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom Inc COM</title>
        <cusip>11135F101</cusip>
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          <isin value="US11135F1012"/>
          <ticker value="AVGO"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Constellation Energy Corp.</name>
        <lei>549300F8Y20RYGNGV346</lei>
        <title>Constellation Energy Corp. COM</title>
        <cusip>21037T109</cusip>
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          <isin value="US21037T1097"/>
          <ticker value="CEG"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy, Inc. COM NEW</title>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp. COM</title>
        <cusip>14040H105</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Pure Storage Inc</name>
        <lei>549300NPDB0BZTK3WO90</lei>
        <title>Pure Storage Inc CL A</title>
        <cusip>74624M102</cusip>
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          <isin value="US74624M1027"/>
          <ticker value="PSTG"/>
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        <balance>1206.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Republic Services, Inc.</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>Republic Services, Inc. COM</title>
        <cusip>760759100</cusip>
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          <isin value="US7607591002"/>
          <ticker value="RSG"/>
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        <balance>334.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>W.w. Grainger Inc.</name>
        <lei>549300TWZSP6O1IH2V34</lei>
        <title>W.w. Grainger Inc. COM</title>
        <cusip>384802104</cusip>
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          <isin value="US3848021040"/>
          <ticker value="GWW"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Life Time Group Holdings Inc</name>
        <lei>N/A</lei>
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        <cusip>53190C102</cusip>
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          <ticker value="LTH"/>
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        <assetCat>EC</assetCat>
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        <name>Federal Signal Corp.</name>
        <lei>549300RTXZRPTNP6G884</lei>
        <title>Federal Signal Corp. COM</title>
        <cusip>313855108</cusip>
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        <name>Toast Inc</name>
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        <name>Duolingo Inc</name>
        <lei>N/A</lei>
        <title>Duolingo Inc CL A COM</title>
        <cusip>26603R106</cusip>
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        <name>Planet Labs Pbc</name>
        <lei>254900Q7PVI3HTQBRB44</lei>
        <title>Planet Labs Pbc COM CL A</title>
        <cusip>72703X106</cusip>
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        <name>United Rentals, Inc.</name>
        <lei>5323X5O7RN0NKFCDRY08</lei>
        <title>United Rentals, Inc. COM</title>
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          <ticker value="URI"/>
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        <name>Ulta Beauty Inc</name>
        <lei>529900CIV6HN8M28YM82</lei>
        <title>Ulta Beauty Inc COM</title>
        <cusip>90384S303</cusip>
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          <ticker value="ULTA"/>
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        <name>Snowflake Inc</name>
        <lei>254900CJNSY1K7T53Z16</lei>
        <title>Snowflake Inc COM SHS</title>
        <cusip>833445109</cusip>
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        <name>Alnylam Pharmaceuticals Inc.</name>
        <lei>529900S3ZI14OWRJII50</lei>
        <title>Alnylam Pharmaceuticals Inc. COM</title>
        <cusip>02043Q107</cusip>
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          <ticker value="ALNY"/>
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        <name>HA Sustainable Infrastructure Capital Inc</name>
        <lei>254900ZZRL7MWL1X8E92</lei>
        <title>HA Sustainable Infrastructure Capital Inc COM</title>
        <cusip>41068X100</cusip>
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          <isin value="US41068X1000"/>
          <ticker value="HASI"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>ROYAL CARIBBEAN CRUISES LTD</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
        <title>Royal Caribbean Group COM</title>
        <cusip>000000000</cusip>
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          <ticker value="RCL"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LR</invCountry>

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        <name>Hubspot Inc</name>
        <lei>529900BLNVEW0MVKJB37</lei>
        <title>Hubspot Inc COM</title>
        <cusip>443573100</cusip>
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          <ticker value="HUBS"/>
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        <valUSD>37560.42000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      </invstOrSec>
      <invstOrSec>
        <name>KKR &amp; Co Inc.</name>
        <lei>54930013V5I303TF9571</lei>
        <title>KKR &amp; Co Inc. COM</title>
        <cusip>48251W104</cusip>
        <identifiers>
          <isin value="US48251W1045"/>
          <ticker value="KKR"/>
        </identifiers>
        <balance>669.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>58657.92000000</valUSD>
        <pctVal>1.045634550194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASML Holding N.V.</name>
        <lei>724500Y6DUVHQD6OXN27</lei>
        <title>ASML Holding N.V. N Y REGISTRY SHS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USN070592100"/>
          <ticker value="ASML"/>
        </identifiers>
        <balance>69.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>100088.64000000</valUSD>
        <pctVal>1.784177483039</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>Penumbra Inc.</name>
        <lei>549300RGE06P3ECANU72</lei>
        <title>Penumbra Inc. COM</title>
        <cusip>70975L107</cusip>
        <identifiers>
          <isin value="US70975L1070"/>
          <ticker value="PEN"/>
        </identifiers>
        <balance>167.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>57513.13000000</valUSD>
        <pctVal>1.025227553547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</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>506700FB3467B9W95526</lei>
        <title>On Holding AG NAMEN AKT A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH1134540470"/>
          <ticker value="ONON"/>
        </identifiers>
        <balance>1990.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>92495.20000000</valUSD>
        <pctVal>1.648817019886</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>The Vita Coco Company Inc</name>
        <lei>54930020WXOAWHR85Y25</lei>
        <title>The Vita Coco Company Inc COM</title>
        <cusip>92846Q107</cusip>
        <identifiers>
          <isin value="US92846Q1076"/>
          <ticker value="COCO"/>
        </identifiers>
        <balance>863.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50105.78000000</valUSD>
        <pctVal>0.893184325875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>D.R. Horton, Inc.</name>
        <lei>529900ZIUEYVSB8QDD25</lei>
        <title>D.R. Horton, Inc. COM</title>
        <cusip>23331A109</cusip>
        <identifiers>
          <isin value="US23331A1097"/>
          <ticker value="DHI"/>
        </identifiers>
        <balance>445.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>71373.55000000</valUSD>
        <pctVal>1.272303038532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Global Inc COM CL A</title>
        <cusip>19260Q107</cusip>
        <identifiers>
          <isin value="US19260Q1076"/>
          <ticker value="COIN"/>
        </identifiers>
        <balance>162.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>28487.70000000</valUSD>
        <pctVal>0.507820996304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Viking Holdings Ltd.</name>
        <lei>52990032GOPN7BVQMN13</lei>
        <title>Viking Holdings Ltd. ORD SHS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG93A5A1010"/>
          <ticker value="VIK"/>
        </identifiers>
        <balance>1694.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>132165.88000000</valUSD>
        <pctVal>2.355985525651</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>SHARKNINJA INC</name>
        <lei>N/A</lei>
        <title>Sharkninja Inc. COM SHS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8068L1086"/>
          <ticker value="SN"/>
        </identifiers>
        <balance>609.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>74827.83000000</valUSD>
        <pctVal>1.333878943611</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>Allegion PLC</name>
        <lei>984500560CAC2E6FB757</lei>
        <title>Allegion PLC ORD SHS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE00BFRT3W74"/>
          <ticker value="ALLE"/>
        </identifiers>
        <balance>370.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>59625.50000000</valUSD>
        <pctVal>1.062882606007</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>Trane Technologies PLC</name>
        <lei>549300BURLR9SLYY2705</lei>
        <title>Trane Technologies PLC COM USD1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE00BK9ZQ967"/>
          <ticker value="TT"/>
        </identifiers>
        <balance>182.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>84142.24000000</valUSD>
        <pctVal>1.499917373045</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>Keurig Dr Pepper Inc</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>Keurig Dr Pepper Inc COM</title>
        <cusip>49271V100</cusip>
        <identifiers>
          <isin value="US49271V1008"/>
          <ticker value="KDP"/>
        </identifiers>
        <balance>3191.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>96623.48000000</valUSD>
        <pctVal>1.722407631365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canadian Pacific Kansas City Ltd.</name>
        <lei>N/A</lei>
        <title>Canadian Pacific Kansas City Ltd. COM</title>
        <cusip>13646K108</cusip>
        <identifiers>
          <isin value="CA13646K1084"/>
          <ticker value="CP"/>
        </identifiers>
        <balance>643.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>56320.37000000</valUSD>
        <pctVal>1.003965444934</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>Simpson Manufacturing Co Inc.</name>
        <lei>529900EJUNNL15LZ8056</lei>
        <title>Simpson Manufacturing Co Inc. COM</title>
        <cusip>829073105</cusip>
        <identifiers>
          <isin value="US8290731053"/>
          <ticker value="SSD"/>
        </identifiers>
        <balance>272.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>52651.04000000</valUSD>
        <pctVal>0.938556064170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MasterCard Incorporated</name>
        <lei>AR5L2ODV9HN37376R084</lei>
        <title>MasterCard Incorporated CL A</title>
        <cusip>57636Q104</cusip>
        <identifiers>
          <isin value="US57636Q1040"/>
          <ticker value="MA"/>
        </identifiers>
        <balance>177.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>91546.17000000</valUSD>
        <pctVal>1.631899635888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Edwards Lifesciences Corporation</name>
        <lei>YA13X31F3V31L8TMPR58</lei>
        <title>Edwards Lifesciences Corporation COM</title>
        <cusip>28176E108</cusip>
        <identifiers>
          <isin value="US28176E1082"/>
          <ticker value="EW"/>
        </identifiers>
        <balance>846.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>73153.62000000</valUSD>
        <pctVal>1.304034519870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Datadog Inc</name>
        <lei>549300F6JNO0KRPO1K63</lei>
        <title>Datadog Inc CL A COM</title>
        <cusip>23804L103</cusip>
        <identifiers>
          <isin value="US23804L1035"/>
          <ticker value="DDOG"/>
        </identifiers>
        <balance>1081.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>121028.76000000</valUSD>
        <pctVal>2.157455515353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mettler-Toledo International Inc</name>
        <lei>5493000BD5GJNUDIUG10</lei>
        <title>Mettler-Toledo International Inc COM</title>
        <cusip>592688105</cusip>
        <identifiers>
          <isin value="US5926881054"/>
          <ticker value="MTD"/>
        </identifiers>
        <balance>46.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>62867.74000000</valUSD>
        <pctVal>1.120678691583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ascendis Pharma A/S</name>
        <lei>549300B66JN3W3J8GH73</lei>
        <title>Ascendis Pharma A/S SPONSORED ADR</title>
        <cusip>04351P101</cusip>
        <identifiers>
          <isin value="US04351P1012"/>
          <ticker value="ASND"/>
        </identifiers>
        <balance>276.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64446.00000000</valUSD>
        <pctVal>1.148812713130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>



    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-04-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Putnam ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Monica Krogh</ncom:signature>
      <ncom:signerName>Monica Krogh</ncom:signerName>
      <ncom:title>Assistant Treasurer, US Fund Administration and Oversight</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
