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value="Sedol"/></identifiers><balance>13646</balance><units>NS</units><curCd>USD</curCd><valUSD>2763588</valUSD><pctVal>2.508</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ChampionX Corp</name><lei>549300EP2909K6DYYP38</lei><title>ChampionX Corp</title><cusip>15872M104</cusip><identifiers><isin value="US15872M1045"/><ticker value="CHX US"/><other otherDesc="BMW7N69" value="Sedol"/></identifiers><balance>135124</balance><units>NS</units><curCd>USD</curCd><valUSD>2644377</valUSD><pctVal>2.4</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Commercial Metals Co</name><lei>549300OQS2LO07ZJ7N73</lei><title>Commercial Metals Co</title><cusip>201723103</cusip><identifiers><isin value="US2017231034"/><ticker value="CMC US"/><other otherDesc="2213260" value="Sedol"/></identifiers><balance>61954</balance><units>NS</units><curCd>USD</curCd><valUSD>2198128</valUSD><pctVal>1.995</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Embecta Corp</name><lei>549300RPG8GXVDHNXZ62</lei><title>Embecta Corp</title><cusip>29082K105</cusip><identifiers><isin value="US29082K1051"/><ticker value="EMBC US"/><other otherDesc="BMXWYR1" 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value="Sedol"/></identifiers><balance>56970</balance><units>NS</units><curCd>USD</curCd><valUSD>1869186</valUSD><pctVal>1.697</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Equity LifeStyle Properties In</name><lei>529900PEQG66LENB6798</lei><title>Equity LifeStyle Properties Inc</title><cusip>29472R108</cusip><identifiers><isin value="US29472R1086"/><ticker value="ELS US"/><other otherDesc="2563125" value="Sedol"/></identifiers><balance>44039</balance><units>NS</units><curCd>USD</curCd><valUSD>2767411</valUSD><pctVal>2.512</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Exelixis Inc</name><lei>254900PJQB59O2O95R37</lei><title>Exelixis Inc</title><cusip>30161Q104</cusip><identifiers><isin value="US30161Q1040"/><ticker value="EXEL US"/><other otherDesc="2576941" value="Sedol"/></identifiers><balance>81150</balance><units>NS</units><curCd>USD</curCd><valUSD>1272432</valUSD><pctVal>1.155</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>FMC Corp</name><lei>CKDHZ2X64EEBQCSP7013</lei><title>FMC Corp</title><cusip>302491303</cusip><identifiers><isin value="US3024913036"/><ticker value="FMC US"/><other otherDesc="2328603" value="Sedol"/></identifiers><balance>10505</balance><units>NS</units><curCd>USD</curCd><valUSD>1110379</valUSD><pctVal>1.008</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>First Horizon Corp</name><lei>TF3RXI1ZB1TQ30H9JV10</lei><title>First Horizon National Corp</title><cusip>320517105</cusip><identifiers><isin value="US3205171057"/><ticker value="FHN US"/><other otherDesc="2341484" value="Sedol"/></identifiers><balance>108781</balance><units>NS</units><curCd>USD</curCd><valUSD>2491085</valUSD><pctVal>2.261</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>First Interstate BancSystem In</name><lei>549300WRWYTYX0RCNJ43</lei><title>First Interstate BancSystem Inc - Class A</title><cusip>32055Y201</cusip><identifiers><isin value="US32055Y2019"/><ticker value="FIBK US"/><other otherDesc="B4RGHN0" value="Sedol"/></identifiers><balance>90877</balance><units>NS</units><curCd>USD</curCd><valUSD>3666887</valUSD><pctVal>3.328</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fortune Brands Home &amp; Security</name><lei>54930032LHW54PQUJD44</lei><title>Fortune Brands Home &amp; Security Inc</title><cusip>34964C106</cusip><identifiers><isin value="US34964C1062"/><ticker value="FBHS US"/><other otherDesc="B3MC7D6" value="Sedol"/></identifiers><balance>42652</balance><units>NS</units><curCd>USD</curCd><valUSD>2289986</valUSD><pctVal>2.078</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>GATX Corp</name><lei>549300IHYHCQP2PIR591</lei><title>GATX Corp</title><cusip>361448103</cusip><identifiers><isin value="US3614481030"/><ticker value="GATX US"/><other otherDesc="2362128" value="Sedol"/></identifiers><balance>22964</balance><units>NS</units><curCd>USD</curCd><valUSD>1955385</valUSD><pctVal>1.775</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Globus Medical Inc</name><lei>5299003M2P4CIK0RF205</lei><title>Globus Medical Inc</title><cusip>379577208</cusip><identifiers><isin value="US3795772082"/><ticker value="GMED US"/><other otherDesc="B7D65M0" value="Sedol"/></identifiers><balance>56618</balance><units>NS</units><curCd>USD</curCd><valUSD>3372734</valUSD><pctVal>3.061</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Graphic Packaging Holding Co</name><lei>N/A</lei><title>Graphic Packaging Holding Co</title><cusip>388689101</cusip><identifiers><isin value="US3886891015"/><ticker value="GPK US"/><other otherDesc="B2Q8249" value="Sedol"/></identifiers><balance>104399</balance><units>NS</units><curCd>USD</curCd><valUSD>2060836</valUSD><pctVal>1.871</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Gulfport Energy Corp</name><lei>254900DJRGZBUZ3F5038</lei><title>Gulfport Energy Corp</title><cusip>402635502</cusip><identifiers><isin value="US4026355028"/><ticker value="GPOR US"/><other otherDesc="BND7X43" value="Sedol"/></identifiers><balance>26370</balance><units>NS</units><curCd>USD</curCd><valUSD>2328207</valUSD><pctVal>2.113</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>H&amp;E Equipment Services Inc</name><lei>254900KVLRCDMQRYY541</lei><title>H&amp;E Equipment Services Inc</title><cusip>404030108</cusip><identifiers><isin value="US4040301081"/><ticker value="HEES US"/><other otherDesc="B0WR848" value="Sedol"/></identifiers><balance>47990</balance><units>NS</units><curCd>USD</curCd><valUSD>1360037</valUSD><pctVal>1.234</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hartford Financial Services Gr</name><lei>IU7C3FTM7Y3BQM112U94</lei><title>Hartford Financial Services Group Inc</title><cusip>416515104</cusip><identifiers><isin value="US4165151048"/><ticker value="HIG US"/><other otherDesc="2476193" value="Sedol"/></identifiers><balance>44863</balance><units>NS</units><curCd>USD</curCd><valUSD>2778814</valUSD><pctVal>2.522</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hillenbrand Inc</name><lei>U246OE781574J2BUD366</lei><title>Hillenbrand Inc</title><cusip>431571108</cusip><identifiers><isin value="US4315711089"/><ticker value="HI US"/><other otherDesc="B2QGDP1" value="Sedol"/></identifiers><balance>66823</balance><units>NS</units><curCd>USD</curCd><valUSD>2453741</valUSD><pctVal>2.227</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Innospec Inc</name><lei>213800SQBACNY5IWJO68</lei><title>Innospec Inc</title><cusip>45768S105</cusip><identifiers><isin value="US45768S1050"/><ticker value="IOSP US"/><other otherDesc="2245597" value="Sedol"/></identifiers><balance>23392</balance><units>NS</units><curCd>USD</curCd><valUSD>2003993</valUSD><pctVal>1.819</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Lamar Advertising Co</name><lei>529900Y8WW4MKVPTB543</lei><title>Lamar Advertising Co</title><cusip>512816109</cusip><identifiers><isin value="US5128161099"/><ticker value="LAMR US"/><other otherDesc="BSPHGN6" value="Sedol"/></identifiers><balance>22256</balance><units>NS</units><curCd>USD</curCd><valUSD>1835897</valUSD><pctVal>1.666</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Lincoln Electric Holdings Inc</name><lei>BIMGBY40SIN95O01BN93</lei><title>Lincoln Electric Holdings Inc</title><cusip>533900106</cusip><identifiers><isin value="US5339001068"/><ticker value="LECO US"/><other otherDesc="2516851" value="Sedol"/></identifiers><balance>14131</balance><units>NS</units><curCd>USD</curCd><valUSD>1776549</valUSD><pctVal>1.612</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MSC Industrial Direct Co Inc</name><lei>0XVKH0LN6YGOWO2EGO17</lei><title>MSC Industrial Direct Co Inc</title><cusip>553530106</cusip><identifiers><isin value="US5535301064"/><ticker value="MSM US"/><other otherDesc="2567655" value="Sedol"/></identifiers><balance>28492</balance><units>NS</units><curCd>USD</curCd><valUSD>2074503</valUSD><pctVal>1.883</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Steven Madden Ltd</name><lei>549300Z9GZ7GYJWSGF43</lei><title>Steven Madden Ltd</title><cusip>556269108</cusip><identifiers><isin value="US5562691080"/><ticker value="SHOO US"/><other otherDesc="2553911" value="Sedol"/></identifiers><balance>70652</balance><units>NS</units><curCd>USD</curCd><valUSD>1884289</valUSD><pctVal>1.71</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Magnolia Oil &amp; Gas Corp</name><lei>N/A</lei><title>Magnolia Oil &amp; Gas Corp</title><cusip>559663109</cusip><identifiers><isin value="US5596631094"/><ticker value="MGY US"/><other otherDesc="BF2GC59" value="Sedol"/></identifiers><balance>129560</balance><units>NS</units><curCd>USD</curCd><valUSD>2566584</valUSD><pctVal>2.33</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Microchip Technology Inc</name><lei>5493007PTFULNYZJ1R12</lei><title>MICROCHIP TECHNOLOGY INC</title><cusip>595017104</cusip><identifiers><isin value="US5950171042"/><ticker value="MCHP US"/><other otherDesc="2592174" value="Sedol"/></identifiers><balance>40904</balance><units>NS</units><curCd>USD</curCd><valUSD>2496371</valUSD><pctVal>2.266</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ONE Gas Inc</name><lei>549300HXDWI0LATTX840</lei><title>ONE Gas Inc</title><cusip>68235P108</cusip><identifiers><isin value="US68235P1084"/><ticker value="OGS US"/><other otherDesc="BJ0KXV4" value="Sedol"/></identifiers><balance>35970</balance><units>NS</units><curCd>USD</curCd><valUSD>2531928</valUSD><pctVal>2.298</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Portillo's Inc</name><lei>N/A</lei><title>Portillo's Inc - Class A</title><cusip>73642K106</cusip><identifiers><isin value="US73642K1060"/><ticker value="PTLO US"/><other otherDesc="BNV0RN1" value="Sedol"/></identifiers><balance>89875</balance><units>NS</units><curCd>USD</curCd><valUSD>1769639</valUSD><pctVal>1.606</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>PotlatchDeltic Corp</name><lei>54930084YA8UJOTXDM59</lei><title>PotlatchDeltic Corp</title><cusip>737630103</cusip><identifiers><isin value="US7376301039"/><ticker value="PCH US"/><other otherDesc="B0XXJN1" 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value="Sedol"/></identifiers><balance>63011</balance><units>NS</units><curCd>USD</curCd><valUSD>2363543</valUSD><pctVal>2.145</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Take-Two Interactive Software</name><lei>BOMSTHHJK882EWYX3334</lei><title>Take-Two Interactive Software Inc</title><cusip>874054109</cusip><identifiers><isin value="US8740541094"/><ticker value="TTWO US"/><other otherDesc="2122117" value="Sedol"/></identifiers><balance>22094</balance><units>NS</units><curCd>USD</curCd><valUSD>2408246</valUSD><pctVal>2.186</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Teradyne Inc</name><lei>C3X4YJ278QNZHRJULN75</lei><title>Teradyne Inc</title><cusip>880770102</cusip><identifiers><isin value="US8807701029"/><ticker value="TER US"/><other otherDesc="2884183" value="Sedol"/></identifiers><balance>28168</balance><units>NS</units><curCd>USD</curCd><valUSD>2116825</valUSD><pctVal>1.921</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Vontier Corp</name><lei>549300VVSQLG4P5K4639</lei><title>Vontier Corp</title><cusip>928881101</cusip><identifiers><isin value="US9288811014"/><ticker value="VNT US"/><other otherDesc="BH4GV32" value="Sedol"/></identifiers><balance>97630</balance><units>NS</units><curCd>USD</curCd><valUSD>1631397</valUSD><pctVal>1.481</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>WSFS Financial Corp</name><lei>549300SU7VQHD6QRG886</lei><title>WSFS Financial Corp</title><cusip>929328102</cusip><identifiers><isin value="US9293281021"/><ticker value="WSFS US"/><other otherDesc="2940375" value="Sedol"/></identifiers><balance>42367</balance><units>NS</units><curCd>USD</curCd><valUSD>1968371</valUSD><pctVal>1.787</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Zebra Technologies Corp</name><lei>PO0I32GKZ3HZMMDPZZ08</lei><title>Zebra Technologies Corp</title><cusip>989207105</cusip><identifiers><isin value="US9892071054"/><ticker value="ZBRA US"/><other otherDesc="2989356" value="Sedol"/></identifiers><balance>4626</balance><units>NS</units><curCd>USD</curCd><valUSD>1212058</valUSD><pctVal>1.1</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Aptiv PLC</name><lei>N/A</lei><title>APTIV PLC</title><cusip>G6095L109</cusip><identifiers><isin value="JE00B783TY65"/><ticker value="APTV US"/><other otherDesc="B783TY6" value="Sedol"/></identifiers><balance>21145</balance><units>NS</units><curCd>USD</curCd><valUSD>1653750</valUSD><pctVal>1.501</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Nomad Foods Ltd</name><lei>5493000ZZ1837DS2SI43</lei><title>Nomad Foods Ltd</title><cusip>G6564A105</cusip><identifiers><isin value="VGG6564A1057"/><ticker value="NOMD US"/><other otherDesc="BQFJGK5" value="Sedol"/></identifiers><balance>147012</balance><units>NS</units><curCd>USD</curCd><valUSD>2087570</valUSD><pctVal>1.895</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec></invstOrSecs><explntrNotes><explntrNote note="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>2022-11-14</ncom:dateSigned><ncom:nameOfApplicant>JANUS INVESTMENT FUND</ncom:nameOfApplicant><ncom:signature>JESPER NERGAARD</ncom:signature><ncom:signerName>JESPER NERGAARD</ncom:signerName><ncom:title>VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER</ncom:title></signature></formData><documents>XXXX</documents></edgarSubmission>
