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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NOVA LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IONQ INC</name>
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          <other otherDesc="Internal" value="HEB507000"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JABIL INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ANALOG DEVICES INC</name>
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      <invstOrSec>
        <name>ADVANCED MICRO DEVICES INC</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TENSTORRENT INC</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal" value="HEJ211000"/>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAM RESEARCH CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SIMA AI</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal" value="JAF727000"/>
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      <invstOrSec>
        <name>ON SEMICONDUCTOR CORP</name>
        <lei>ZV20P4CNJVT8V1ZGJ064</lei>
        <title>ON SEMICONDUCTOR CORP</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALIF SEMICONDUCTOR</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="IHD661000"/>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLEX LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WOLFSPEED INC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SKYWORKS SOLUTIONS INC</name>
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        <name>NXP SEMICONDUCTORS NV</name>
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        <name>WESTERN DIGITAL CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ARRAY TECHNOLOGIES INC</name>
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        <name>MONOLITHIC POWER SYSTEMS INC</name>
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        <name>GAN SYSTEMS INC</name>
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        <name>MOBILEYE GLOBAL INC</name>
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        <name>MICROCHIP TECHNOLOGY INC</name>
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        <name>MENLO MICRO INC</name>
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        <name>MARVELL TECHNOLOGY INC</name>
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        <name>ALLEGRO MICROSYSTEMS INC</name>
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        <name>GAN SYSTEMS INC</name>
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        <assetCat>EP</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ALPHA and OMEGA SEMICONDUCTOR LTD</name>
        <lei>5493001FE7J03YOV2V35</lei>
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        <cusip>N/A</cusip>
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          <isin value="BMG6331P1041"/>
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        <curCd>USD</curCd>
        <valUSD>1457375.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LATTICE SEMICONDUCTOR CORP</name>
        <lei>549300LRBBPZDQ2II567</lei>
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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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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AEVA TECHNOLOGIES INC</name>
        <lei>N/A</lei>
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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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      <invstOrSec>
        <name>GAN SYSTEMS INC</name>
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          <other otherDesc="Internal" value="IDH042000"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BROADCOM INC</name>
        <lei>549300WV6GIDOZJTV909</lei>
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          <isin value="US11135F1012"/>
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        <balance>63225.00000000</balance>
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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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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ENPHASE ENERGY INC</name>
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          <isin value="US29355A1079"/>
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        <balance>12100.00000000</balance>
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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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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QUALCOMM INC</name>
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        <balance>101926.00000000</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>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TEXAS INSTRUMENTS INC.</name>
        <lei>WDJNR2L6D8RWOEB8T652</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLOBALFOUNDRIES INC</name>
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          <isin value="KYG393871085"/>
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        <balance>619300.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fidelity Revere Street Trust</name>
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          <isin value="US31635A1051"/>
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        <balance>9022219.10500000</balance>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TAIWAN SEMICONDUCTOR MFG CO LTD</name>
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        <title>TAIWAN SEMIC MFG CO LTD SP ADR</title>
        <cusip>874039100</cusip>
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          <isin value="US8740391003"/>
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        <balance>368700.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>TW</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CIRRUS LOGIC INC.</name>
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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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      <invstOrSec>
        <name>DIAMOND FOUNDRY INC</name>
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        <assetCat>EP</assetCat>
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        <fairValLevel>3</fairValLevel>
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        <name>KLA CORP</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>ASTERA LABS INC</name>
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          <other otherDesc="Internal" value="JBF881000"/>
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        <fairValLevel>3</fairValLevel>
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        <name>MICRON TECHNOLOGY INC</name>
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        <balance>273000.00000000</balance>
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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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        <fairValLevel>1</fairValLevel>
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        <name>Fidelity Revere Street Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>APPLIED MATERIALS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NVIDIA CORP</name>
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        <name>ASTERA LABS INC</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>ASTERA LABS INC</name>
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        <title>ASTERA LABS INC SER C PC PP</title>
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        <balance>19433.00000000</balance>
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        <fairValLevel>3</fairValLevel>
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        <name>MAXLINEAR INC</name>
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      </invstOrSec>
      <invstOrSec>
        <name>TENSTORRENT INC</name>
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        <title>TENSTORRENT INC SER C-1 PC PP</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="HEJ210000"/>
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        <fairValLevel>3</fairValLevel>
        <securityLending>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-11-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Stacie M. Smith</ncom:nameOfApplicant>
      <ncom:signature>Stacie M. Smith</ncom:signature>
      <ncom:signerName>Stacie M. Smith</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
