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        <fairValLevel>2</fairValLevel>
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        <name>Churchill Downs Inc</name>
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        <name>Selective Insurance Group Inc</name>
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      <invstOrSec>
        <name>Littelfuse Inc</name>
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      <invstOrSec>
        <name>Murphy USA Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CACI International Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SUMITOMO BK NY</name>
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        <name>Post Holdings Inc</name>
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        <name>Sanderson Farms Inc</name>
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      <invstOrSec>
        <name>Mercury General Corp</name>
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        <name>Texas Roadhouse Inc</name>
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        <name>Commerce Bancshares Inc/MO</name>
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        <name>PotlatchDeltic Corp</name>
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        <name>Synaptics Inc</name>
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        <name>BARCLAYS CAPITAL</name>
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        <name>Stifel Financial Corp</name>
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        <name>Charles River Laboratories International Inc</name>
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        <name>LiveRamp Holdings Inc</name>
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        <name>Weingarten Realty Investors</name>
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        <name>Eldorado Resorts Inc</name>
        <lei>5299000BKFWWVND5L441</lei>
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        <name>Kennametal Inc</name>
        <lei>549300GZDSG25XUV0Y08</lei>
        <title>Kennametal Inc</title>
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        <name>Teradata Corp</name>
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        <name>Pilgrim's Pride Corp</name>
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        <name>NCR Corp</name>
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        <name>GEO Group Inc/The</name>
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        <name>Watsco Inc</name>
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        <name>Foot Locker Inc</name>
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        <name>Essential Utilities Inc</name>
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        <name>BANK OF NOVA SCOTIA HOUSTON</name>
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        <name>FirstCash Inc</name>
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        <name>O-I Glass Inc</name>
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        <name>Associated Banc-Corp</name>
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        <name>FED HOME LN DISCOUNT NT</name>
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        <name>American Campus Communities Inc</name>
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        <name>Exelixis Inc</name>
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        <name>American Financial Group Inc/OH</name>
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        <name>Silgan Holdings Inc</name>
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        <name>WEX Inc</name>
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        <name>Carpenter Technology Corp</name>
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      <invstOrSec>
        <name>Chemed Corp</name>
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      <invstOrSec>
        <name>West Pharmaceutical Services Inc</name>
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        <name>Cracker Barrel Old Country Store Inc</name>
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        <name>Prosperity Bancshares Inc</name>
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        <name>CoreSite Realty Corp</name>
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        <name>Bed Bath &amp; Beyond Inc</name>
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        <name>BANK OF MONTREAL CHICAGO</name>
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        <name>Tempur Sealy International Inc</name>
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        <name>Macerich Co/The</name>
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        <name>Semtech Corp</name>
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        <name>Aaron's Inc</name>
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        <name>Jones Lang LaSalle Inc</name>
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        <name>Hill-Rom Holdings Inc</name>
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        <name>WELLS FARGO BANK SAN FRANCISCO N.A.</name>
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        <name>Diversified Healthcare Trust</name>
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        <name>ManpowerGroup Inc</name>
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        <name>Urban Outfitters Inc</name>
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        <name>Ceridian HCM Holding Inc</name>
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        <name>TORONTO DOMINION LONDON</name>
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        <name>HealthEquity Inc</name>
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        <name>II-VI Inc</name>
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      <invstOrSec>
        <name>ALLETE Inc</name>
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      <invstOrSec>
        <name>LogMeIn Inc</name>
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      <invstOrSec>
        <name>TCF Financial Corp</name>
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        <name>EnerSys</name>
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        <name>CoreLogic Inc/United States</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cirrus Logic Inc</name>
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        <name>First Solar Inc</name>
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        <name>MKS Instruments Inc</name>
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        <name>Visteon Corp</name>
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        <name>Apergy Corp</name>
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        <name>Hubbell Inc</name>
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        <name>UMB Financial Corp</name>
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        <name>Tyler Technologies Inc</name>
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        <name>Reinsurance Group of America Inc</name>
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        <name>JBG SMITH Properties</name>
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        <name>UBS AG LONDON</name>
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        <name>PS Business Parks Inc</name>
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        <name>ViaSat Inc</name>
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        <name>TreeHouse Foods Inc</name>
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        <name>Teledyne Technologies Inc</name>
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        <name>Texas Capital Bancshares Inc</name>
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        <name>TRI Pointe Group Inc</name>
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        <name>Six Flags Entertainment Corp</name>
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        <name>Sprouts Farmers Market Inc</name>
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        <name>Oshkosh Corp</name>
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        <name>Royal Gold Inc</name>
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        <name>Patterson-UTI Energy Inc</name>
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        <name>Owens Corning</name>
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        <name>OGE Energy Corp</name>
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        <name>Signature Bank/New York NY</name>
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        <name>MEDNAX Inc</name>
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        <name>Cypress Semiconductor Corp</name>
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        <name>EPR Properties</name>
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        <name>Jabil Inc</name>
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        <name>Eagle Materials Inc</name>
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        <name>NATIONAL AUSTRALIA BANK LONDON</name>
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        <name>National Instruments Corp</name>
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        <name>ICU Medical Inc</name>
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        <name>Genworth Financial Inc</name>
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        <title>Genworth Financial Inc</title>
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        <name>Chemours Co/The</name>
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        <name>Cathay General Bancorp</name>
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        <name>HNI Corp</name>
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        <name>Goodyear Tire &amp; Rubber Co/The</name>
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        <name>Alleghany Corp</name>
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        <name>CREDIT AGRICOLE CIB, NY</name>
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        <name>WPX Energy Inc</name>
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        <name>Dick's Sporting Goods Inc</name>
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        <name>National Westminster Bank PLC</name>
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        <name>CNO Financial Group Inc</name>
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        <name>Brighthouse Financial Inc</name>
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      <invstOrSec>
        <name>Brinker International Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SUMITOMO BK NY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>World Wrestling Entertainment Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Helen of Troy Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>XPO Logistics Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Acuity Brands Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Healthcare Services Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Insperity Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Edgewell Personal Care Co</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tenet Healthcare Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Old Republic International Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PolyOne Corp</name>
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        <name>IDACORP Inc</name>
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        <name>Williams-Sonoma Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Wintrust Financial Corp</name>
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        <name>LendingTree Inc</name>
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        <name>Haemonetics Corp</name>
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        <name>AptarGroup Inc</name>
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        <name>KBR Inc</name>
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        <name>United States Treasury</name>
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        <name>Pool Corp</name>
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        <name>NuVasive Inc</name>
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        <title>NuVasive Inc</title>
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        <name>United States Steel Corp</name>
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        <name>Ashland Global Holdings Inc</name>
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      <invstOrSec>
        <name>Kemper Corp</name>
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      <invstOrSec>
        <name>Boyd Gaming Corp</name>
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        <name>KAR Auction Services Inc</name>
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        <name>Etsy Inc</name>
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        <name>American Eagle Outfitters Inc</name>
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        <name>First Horizon National Corp</name>
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        <name>Coherent Inc</name>
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        <name>Life Storage Inc</name>
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        <name>Deckers Outdoor Corp</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>Synovus Financial Corp</name>
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        <name>Grand Canyon Education Inc</name>
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        <name>Mattel Inc</name>
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        <name>Deluxe Corp</name>
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        <name>Ollie's Bargain Outlet Holdings Inc</name>
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        <name>Axon Enterprise Inc</name>
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        <name>Lancaster Colony Corp</name>
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      <invstOrSec>
        <name>Cousins Properties Inc</name>
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      <invstOrSec>
        <name>Highwoods Properties Inc</name>
        <lei>ZIIGTYKL9T0X3HLTDX53</lei>
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      <invstOrSec>
        <name>CommVault Systems Inc</name>
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      <invstOrSec>
        <name>NorthWestern Corp</name>
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      <invstOrSec>
        <name>National Fuel Gas Co</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dana Inc</name>
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      <invstOrSec>
        <name>Sonoco Products Co</name>
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        <name>Nordson Corp</name>
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        <name>Manhattan Associates Inc</name>
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        <name>MasTec Inc</name>
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        <name>j2 Global Inc</name>
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        <name>EMCOR Group Inc</name>
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        <name>First American Financial Corp</name>
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        <name>CIC NY</name>
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        <name>RH</name>
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        <name>United States Treasury</name>
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        <name>Cinemark Holdings Inc</name>
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        <name>Stericycle Inc</name>
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        <name>Donaldson Co Inc</name>
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        <name>Hawaiian Electric Industries Inc</name>
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        <name>Terex Corp</name>
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        <name>Healthcare Realty Trust Inc</name>
        <lei>549300CB86LH2IOKHH22</lei>
        <title>Healthcare Realty Trust Inc</title>
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        <name>EastGroup Properties Inc</name>
        <lei>31TIGQQZC4P6JMHKSW85</lei>
        <title>EastGroup Properties Inc</title>
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        <name>International Bancshares Corp</name>
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        <name>Bank OZK</name>
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        <name>AGCO Corp</name>
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        <name>Penn National Gaming Inc</name>
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        <name>Crane Co</name>
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        <name>Graham Holdings Co</name>
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        <name>BANCO DEL ESTADO DE CHILE NY</name>
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        <name>Dunkin' Brands Group Inc</name>
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        <name>Toro Co/The</name>
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        <name>MSC Industrial Direct Co Inc</name>
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        <name>Washington Federal Inc</name>
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        <name>Worthington Industries Inc</name>
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        <name>KB Home</name>
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        <name>Fulton Financial Corp</name>
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      <invstOrSec>
        <name>Trustmark Corp</name>
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        <name>Teradyne Inc</name>
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        <name>Ingredion Inc</name>
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        <name>Black Hills Corp</name>
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        <name>Brunswick Corp/DE</name>
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        <name>Camden Property Trust</name>
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        <name>Yelp Inc</name>
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        <name>Webster Financial Corp</name>
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        <name>Columbia Sportswear Co</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FactSet Research Systems Inc</name>
        <lei>549300ZSJE7NBK6K9P30</lei>
        <title>FactSet Research Systems Inc</title>
        <cusip>303075105</cusip>
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          <isin value="US3030751057"/>
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        <balance>21781.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="2198174.00000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Mercury Systems Inc</name>
        <lei>549300P3B84SGK7HH679</lei>
        <title>Mercury Systems Inc</title>
        <cusip>589378108</cusip>
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          <isin value="US5893781089"/>
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        <balance>31879.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Core Laboratories NV</name>
        <lei>724500MDYY5VBSAF5W50</lei>
        <title>Core Laboratories NV</title>
        <cusip>000000000</cusip>
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          <isin value="NL0000200384"/>
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        <balance>25471.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NOW Inc</name>
        <lei>549300AVH5SOCFVVDW91</lei>
        <title>NOW Inc</title>
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          <isin value="US67011P1003"/>
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        <balance>62452.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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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>CITIGROUP GLOBAL MARKETS INC</name>
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          <other otherDesc="Internal Identifier" value="190603010_SLCOLLCASH"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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              <counterpartyInfo lei="MBNUM2BPBDO7JBLYG310" name="CITIGROUP GLOBAL MARKETS INC"/>
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            <repurchaseCollateral>
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              <invstCat>EQT</invstCat>
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              <principalAmt>1113.96000000</principalAmt>
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              <invstCat>ACMO</invstCat>
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          </repurchaseCollaterals>
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        <securityLending>
          <cashCollateralCondition cashCollateralVal="2000000.00000000" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>Timken Co/The</name>
        <lei>B0I35MLPFXZSE70ASS73</lei>
        <title>Timken Co/The</title>
        <cusip>887389104</cusip>
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          <isin value="US8873891043"/>
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        <balance>38913.00000000</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>Mack-Cali Realty Corp</name>
        <lei>N/A</lei>
        <title>Mack-Cali Realty Corp</title>
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          <isin value="US5544891048"/>
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        <balance>51979.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="REIT" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Resources Corp</name>
        <lei>549300QKBSQBIX4DQ583</lei>
        <title>New Jersey Resources Corp</title>
        <cusip>646025106</cusip>
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          <isin value="US6460251068"/>
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        <balance>54819.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1862201.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LivaNova PLC</name>
        <lei>2138001K2FX6SHK2B339</lei>
        <title>LivaNova PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BYMT0J19"/>
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        <balance>27782.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASGN Inc</name>
        <lei>LZBNYYCBUKY537072438</lei>
        <title>ASGN Inc</title>
        <cusip>00191U102</cusip>
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          <isin value="US00191U1025"/>
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        <balance>30308.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1070478.56000000</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>
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      <invstOrSec>
        <name>Regal Beloit Corp</name>
        <lei>QH78R09VCJGQKPBPYU33</lei>
        <title>Regal Beloit Corp</title>
        <cusip>758750103</cusip>
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          <isin value="US7587501039"/>
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        <balance>23501.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Valley National Bancorp</name>
        <lei>549300ET52S1UBIB9762</lei>
        <title>Valley National Bancorp</title>
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          <isin value="US9197941076"/>
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        <balance>224833.00000000</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>CDK Global Inc</name>
        <lei>5493000L10CYRTHIJ385</lei>
        <title>CDK Global Inc</title>
        <cusip>12508E101</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Taylor Morrison Home Corp</name>
        <lei>5299009UDLLGLKOOJE30</lei>
        <title>Taylor Morrison Home Corp</title>
        <cusip>87724P106</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cimarex Energy Co</name>
        <lei>11KYOFXPU1C4CQL1CL44</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Perspecta Inc</name>
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        <title>Perspecta Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Hanover Insurance Group Inc/The</name>
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        <name>National Retail Properties Inc</name>
        <lei>5493008JKH5SOTI0JS97</lei>
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        <name>First Industrial Realty Trust Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Science Applications International Corp</name>
        <lei>549300LZPNZIXQGZPZ48</lei>
        <title>Science Applications International Corp</title>
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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>Masimo Corp</name>
        <lei>549300Q4A8JK0PIYCU29</lei>
        <title>Masimo Corp</title>
        <cusip>574795100</cusip>
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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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        <name>Monolithic Power Systems Inc</name>
        <lei>529900TB7O85LSZ1XU31</lei>
        <title>Monolithic Power Systems Inc</title>
        <cusip>609839105</cusip>
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        <balance>23189.00000000</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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      <invstOrSec>
        <name>Lear Corp</name>
        <lei>549300UPNBTXA1SYTQ33</lei>
        <title>Lear Corp</title>
        <cusip>521865204</cusip>
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        <balance>31587.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>GATX Corp</name>
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        <name>Corporate Office Properties Trust</name>
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        <name>Silicon Laboratories Inc</name>
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        <name>Vishay Intertechnology Inc</name>
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        <name>Douglas Emmett Inc</name>
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        <name>Marriott Vacations Worldwide Corp</name>
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        <name>New York Times Co/The</name>
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        <name>Sensient Technologies Corp</name>
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        <name>SUMITOMO BK NY</name>
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        <name>MS GOVT US LEX</name>
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        <name>Allegheny Technologies Inc</name>
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        <name>FIDELITY INST GOVT LEX</name>
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        <name>Adient PLC</name>
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        <name>NewMarket Corp</name>
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        <name>Omega Healthcare Investors Inc</name>
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        <name>WW International Inc</name>
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        <name>Spire Inc</name>
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        <name>TEGNA Inc</name>
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        <name>Nu Skin Enterprises Inc</name>
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        <name>WELLS FARGO GOVT FD LEX</name>
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        <name>FTI Consulting Inc</name>
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        <name>SANTANDER UK PLC LDN</name>
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        <name>East West Bancorp Inc</name>
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        <name>Gentex Corp</name>
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        <name>Eaton Vance Corp</name>
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        <name>CIT Group Inc</name>
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        <name>Toll Brothers Inc</name>
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        <name>Antero Midstream Corp</name>
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        <name>Minerals Technologies Inc</name>
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        <name>NetScout Systems Inc</name>
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        <name>United Bankshares Inc/WV</name>
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        <name>Bio-Techne Corp</name>
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        <name>FNB Corp/PA</name>
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        <name>Werner Enterprises Inc</name>
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        <name>Choice Hotels International Inc</name>
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        <name>Goldman Sachs Fin Square Govt Fd</name>
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        <name>PacWest Bancorp</name>
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        <name>Scotts Miracle-Gro Co/The</name>
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        <name>Affiliated Managers Group Inc</name>
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        <name>IND AND COM BK OF CHINA LTD, NY BR</name>
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        <name>Umpqua Holdings Corp</name>
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        <name>ROYAL BANK OF CANADA NY</name>
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        <name>Service Properties Trust</name>
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        <name>Fluor Corp</name>
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        <name>nVent Electric PLC</name>
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        <name>Cognex Corp</name>
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        <name>Kilroy Realty Corp</name>
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        <name>Wendy's Co/The</name>
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        <name>Thor Industries Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CREDIT SUISSE NY</name>
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        <name>Commercial Metals Co</name>
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        <name>Flowers Foods Inc</name>
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        <name>Brink's Co/The</name>
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        <name>TFDXX LEX BLACKROCK FED FUND</name>
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        <name>Amedisys Inc</name>
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        <name>CHINA CONSTRUCTION BANK CORP NY</name>
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        <name>ITT Inc</name>
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        <name>UGI Corp</name>
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        <name>Sabre Corp</name>
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        <name>Polaris Inc</name>
        <lei>549300QJSN8UVWN1EI78</lei>
        <title>Polaris Inc</title>
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          <cashCollateralCondition cashCollateralVal="1993004.00000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ciena Corp</name>
        <lei>W0CZ7N0GH8UIGXDM1H41</lei>
        <title>Ciena Corp</title>
        <cusip>171779309</cusip>
        <identifiers>
          <isin value="US1717793095"/>
        </identifiers>
        <balance>88797.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3535008.57000000</valUSD>
        <pctVal>0.464967266459</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="193076.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arrow Electronics Inc</name>
        <lei>549300YNNLBXT8N8R512</lei>
        <title>Arrow Electronics Inc</title>
        <cusip>042735100</cusip>
        <identifiers>
          <isin value="US0427351004"/>
        </identifiers>
        <balance>46753.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2425078.11000000</valUSD>
        <pctVal>0.318975730165</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>Belden Inc</name>
        <lei>68BKYO1JC791TTJHUE82</lei>
        <title>Belden Inc</title>
        <cusip>077454106</cusip>
        <identifiers>
          <isin value="US0774541066"/>
        </identifiers>
        <balance>22179.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>800218.32000000</valUSD>
        <pctVal>0.105254433604</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>Catalent Inc</name>
        <lei>N/A</lei>
        <title>Catalent Inc</title>
        <cusip>148806102</cusip>
        <identifiers>
          <isin value="US1488061029"/>
        </identifiers>
        <balance>88831.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4614770.45000000</valUSD>
        <pctVal>0.606990664657</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"/>
        </identifiers>
        <balance>44183.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1879102.99000000</valUSD>
        <pctVal>0.247162450487</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1632337.53000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JetBlue Airways Corp</name>
        <lei>54930070J9H97ZO93T57</lei>
        <title>JetBlue Airways Corp</title>
        <cusip>477143101</cusip>
        <identifiers>
          <isin value="US4771431016"/>
        </identifiers>
        <balance>165713.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1483131.35000000</valUSD>
        <pctVal>0.195079450574</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>Bio-Rad Laboratories Inc</name>
        <lei>549300ZC1GPV35XYDK53</lei>
        <title>Bio-Rad Laboratories Inc</title>
        <cusip>090572207</cusip>
        <identifiers>
          <isin value="US0905722072"/>
        </identifiers>
        <balance>12403.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4347995.68000000</valUSD>
        <pctVal>0.571901206425</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>MAXIMUS Inc</name>
        <lei>549300DQCDS8HJ7QF202</lei>
        <title>MAXIMUS Inc</title>
        <cusip>577933104</cusip>
        <identifiers>
          <isin value="US5779331041"/>
        </identifiers>
        <balance>36725.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2137395.00000000</valUSD>
        <pctVal>0.281136153085</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>Tootsie Roll Industries Inc</name>
        <lei>529900SBKOV9XX4M4Q35</lei>
        <title>Tootsie Roll Industries Inc</title>
        <cusip>890516107</cusip>
        <identifiers>
          <isin value="US8905161076"/>
        </identifiers>
        <balance>9918.90000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>356683.64000000</valUSD>
        <pctVal>0.046915364927</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="361472.66000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Compass Minerals International Inc</name>
        <lei>2549008X9G8XP7YJGC47</lei>
        <title>Compass Minerals International Inc</title>
        <cusip>20451N101</cusip>
        <identifiers>
          <isin value="US20451N1019"/>
        </identifiers>
        <balance>19450.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>748241.50000000</valUSD>
        <pctVal>0.098417810881</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>Jefferies Financial Group Inc</name>
        <lei>549300HOF34RGOJ5YL07</lei>
        <title>Jefferies Financial Group Inc</title>
        <cusip>47233W109</cusip>
        <identifiers>
          <isin value="US47233W1099"/>
        </identifiers>
        <balance>137302.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1876918.34000000</valUSD>
        <pctVal>0.246875098783</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>TripAdvisor Inc</name>
        <lei>N/A</lei>
        <title>TripAdvisor Inc</title>
        <cusip>896945201</cusip>
        <identifiers>
          <isin value="US8969452015"/>
        </identifiers>
        <balance>60312.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1048825.68000000</valUSD>
        <pctVal>0.137954293395</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1050684.52000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RPM International Inc</name>
        <lei>549300TJCKW4BRXPJ474</lei>
        <title>RPM International Inc</title>
        <cusip>749685103</cusip>
        <identifiers>
          <isin value="US7496851038"/>
        </identifiers>
        <balance>74438.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4429061.00000000</valUSD>
        <pctVal>0.582563902002</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>Sterling Bancorp/DE</name>
        <lei>549300LQK6SKH5ZXO648</lei>
        <title>Sterling Bancorp/DE</title>
        <cusip>85917A100</cusip>
        <identifiers>
          <isin value="US85917A1007"/>
        </identifiers>
        <balance>115976.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1211949.20000000</valUSD>
        <pctVal>0.159410280188</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"/>
        </identifiers>
        <balance>30272.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2531344.64000000</valUSD>
        <pctVal>0.332953194998</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>Cheesecake Factory Inc/The</name>
        <lei>529900872XMLK10SY247</lei>
        <title>Cheesecake Factory Inc/The</title>
        <cusip>163072101</cusip>
        <identifiers>
          <isin value="US1630721017"/>
        </identifiers>
        <balance>23570.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>402575.60000000</valUSD>
        <pctVal>0.052951632950</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="340477.50000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avis Budget Group Inc</name>
        <lei>529900E95812SYWMCE44</lei>
        <title>Avis Budget Group Inc</title>
        <cusip>053774105</cusip>
        <identifiers>
          <isin value="US0537741052"/>
        </identifiers>
        <balance>32629.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>453543.10000000</valUSD>
        <pctVal>0.059655497646</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>Ryder System Inc</name>
        <lei>ZXJ6Y2OSPZXIVGRILD15</lei>
        <title>Ryder System Inc</title>
        <cusip>783549108</cusip>
        <identifiers>
          <isin value="US7835491082"/>
        </identifiers>
        <balance>30590.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>808799.60000000</valUSD>
        <pctVal>0.106383147785</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>Carlisle Cos Inc</name>
        <lei>XR64VGX1ZPX6G7ZN7Z11</lei>
        <title>Carlisle Cos Inc</title>
        <cusip>142339100</cusip>
        <identifiers>
          <isin value="US1423391002"/>
        </identifiers>
        <balance>32531.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4075483.68000000</valUSD>
        <pctVal>0.536057118014</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="689920.00000000"/>
        </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>2020-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Brighthouse Funds Trust II</ncom:nameOfApplicant>
      <ncom:signature>Alan Otis</ncom:signature>
      <ncom:signerName>Alan Otis</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
