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      <invstOrSec>
        <name>NOVA LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LYTE AI INC</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal" value="KOE166000"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>ASML HOLDING NV</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAM RESEARCH CORP</name>
        <lei>549300I4GMO6D34U1T02</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SIMA TECHNOLOGIES INC</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal" value="JAF727000"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>LIGHTMATTER INC</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal" value="KRA818000"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>TAALAS INC</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal" value="LAM771000"/>
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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>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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        <balance>48363.00000000</balance>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IMPINJ INC</name>
        <lei>549300M26VGKSMMWWN17</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WOLFSPEED INC</name>
        <lei>549300OGU88P3AW3TO93</lei>
        <title>WOLFSPEED INC</title>
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        <balance>54700.00000000</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>NXP SEMICONDUCTORS NV</name>
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        <title>NXP SEMICONDUCTORS NV</title>
        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SIMA TECHNOLOGIES INC</name>
        <lei>N/A</lei>
        <title>SIMA TECHNOLOGIES INC CONV 10% 12/31/2027 P/P</title>
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      <invstOrSec>
        <name>WESTERN DIGITAL CORP</name>
        <lei>549300QQXOOYEF89IC56</lei>
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      <invstOrSec>
        <name>TENSTORRENT HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>TENSTORRENT HOLDINGS INC SER D-2 PC PP</title>
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          <other otherDesc="Internal" value="KMJ033000"/>
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      <invstOrSec>
        <name>MONOLITHIC POWER SYSTEMS INC</name>
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      <invstOrSec>
        <name>ASTERA LABS INC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>LIGHTMATTER INC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>DANGER DEVICES INC</name>
        <lei>N/A</lei>
        <title>DANGER DEVICES INC SER B PC PP</title>
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          <other otherDesc="Internal" value="LBE206000"/>
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      <invstOrSec>
        <name>FRORE SYSTEMS INC</name>
        <lei>N/A</lei>
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        <name>TENSTORRENT HOLDINGS INC</name>
        <lei>N/A</lei>
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        <name>SYNAPTICS INC</name>
        <lei>549300AJ3LI4FWNRQX29</lei>
        <title>SYNAPTICS INC</title>
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      <invstOrSec>
        <name>MENLO MICRO INC</name>
        <lei>N/A</lei>
        <title>MENLO MICROSYSTEMS INC SER C PC PP</title>
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      <invstOrSec>
        <name>MARVELL TECHNOLOGY INC</name>
        <lei>N/A</lei>
        <title>MARVELL TECHNOLOGY INC</title>
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          <isin value="US5738741041"/>
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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>
      <invstOrSec>
        <name>ALLEGRO MICROSYSTEMS INC</name>
        <lei>54930004TGPV6DR3LE12</lei>
        <title>ALLEGRO MICROSYSTEMS INC</title>
        <cusip>01749D105</cusip>
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          <isin value="US01749D1054"/>
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        <balance>1690329.00000000</balance>
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        <curCd>USD</curCd>
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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>
      <invstOrSec>
        <name>LIGHTMATTER INC</name>
        <lei>N/A</lei>
        <title>LIGHTMATTER INC SER C-1 PC PP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="JTV027000"/>
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        <balance>32553.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KIOXIA HOLDINGS CORPORATION</name>
        <lei>35380080RTKRARNH4R73</lei>
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        <cusip>N/A</cusip>
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          <isin value="JP3236330001"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LATTICE SEMICONDUCTOR CORP</name>
        <lei>549300LRBBPZDQ2II567</lei>
        <title>LATTICE SEMICONDUCTOR CORP</title>
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          <isin value="US5184151042"/>
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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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AEVA TECHNOLOGIES INC</name>
        <lei>529900EOW3TB2FR95A21</lei>
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          <isin value="US00835Q2021"/>
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        <balance>23620.00000000</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>
        <name>AKEANA</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="KDT235000"/>
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        <balance>11132.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SILICON MOTION TECH CORP</name>
        <lei>5299005RBVBZQJTYFC89</lei>
        <title>SILICON MOTION TECH CORP ADR</title>
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          <isin value="US82706C1080"/>
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        <curCd>USD</curCd>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROADCOM INC</name>
        <lei>549300WV6GIDOZJTV909</lei>
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          <isin value="US11135F1012"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLOBALFOUNDRIES INC</name>
        <lei>549300BA76VK784VMX48</lei>
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        <identifiers>
          <isin value="KYG393871085"/>
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        <balance>2995383.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fidelity Revere Street Trust</name>
        <lei>549300BDV45LJNXBZC55</lei>
        <title>Fidelity Cash Central Fund</title>
        <cusip>31635A105</cusip>
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          <isin value="US31635A1051"/>
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        <balance>26559684.19200000</balance>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TAIWAN SEMICONDUCTOR MFG CO LTD</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>TAIWAN SEMIC MFG CO LTD SP ADR</title>
        <cusip>874039100</cusip>
        <identifiers>
          <isin value="US8740391003"/>
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        <balance>1106129.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184380643.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALIF SEMICONDUCTOR</name>
        <lei>N/A</lei>
        <title>ALIF SEMICONDUCTOR SER D PP</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="LDR009000"/>
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        <balance>48000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>SANDISK CORP</name>
        <lei>N/A</lei>
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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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      <invstOrSec>
        <name>DIAMOND FOUNDRY INC</name>
        <lei>N/A</lei>
        <title>DIAMOND FOUNDRY INC SER C PC PP</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="HDC316000"/>
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        <balance>18335.00000000</balance>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>ELEMENT LABS LTD</name>
        <lei>N/A</lei>
        <title>ELEMENT LABS LTD SER A PC PP</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="LAF392000"/>
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        <invCountry>IL</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CELESTIAL AI INC</name>
        <lei>N/A</lei>
        <title>CELESTIAL AI INC SER A PC PP</title>
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          <other otherDesc="Internal" value="LAP625000"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>RETYM INC</name>
        <lei>N/A</lei>
        <title>RETYM INC SER D PC PP</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="KYL756000"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>RETYM INC</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal" value="JTU400000"/>
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        <balance>55074.00000000</balance>
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      <invstOrSec>
        <name>MICRON TECHNOLOGY INC</name>
        <lei>B3DXGBC8GAIYWI2Z0172</lei>
        <title>MICRON TECHNOLOGY INC</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CELESTIAL AI INC</name>
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        <title>CELESTIAL AI INC P/P</title>
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        <name>Fidelity Revere Street Trust</name>
        <lei>549300BDV45LJNXBZC55</lei>
        <title>Fidelity Securities Lending Cash Central Fund</title>
        <cusip>31635A303</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>NVIDIA CORP</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA CORP</title>
        <cusip>67066G104</cusip>
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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>CELESTIAL AI INC</name>
        <lei>N/A</lei>
        <title>CELESTIAL AI INC SER C-1 PC PP</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="LAP614000"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>CELESTIAL AI INC</name>
        <lei>N/A</lei>
        <title>CELESTIAL AI INC SER B PC PP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="LAP630000"/>
        </identifiers>
        <balance>18753.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>288046.08000000</valUSD>
        <pctVal>0.011890776196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="As of March 2025, 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>2025-05-30</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>
