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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Weatherford International PLC</name>
        <lei>529900LPBDSCQDJKHQ39</lei>
        <title>Weatherford International PLC</title>
        <cusip>G48833118</cusip>
        <identifiers>
          <ticker value="WFRD"/>
        </identifiers>
        <balance>25900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2339547</valUSD>
        <pctVal>4.7396</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>Whitbread PLC</name>
        <lei>21380099VMZKRMN3EX36</lei>
        <title>Whitbread PLC</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="WTB LN"/>
        </identifiers>
        <balance>36200</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8196"/>
        <valUSD>1523770.01</valUSD>
        <pctVal>3.087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHUANGHUAN DR.</name>
        <lei>N/A</lei>
        <title>Zhejiang Shuanghuan Driveline Co Ltd</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="002472C2"/>
        </identifiers>
        <balance>100000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.3041"/>
        <valUSD>392586.36</valUSD>
        <pctVal>0.7953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fuji Electric Co Ltd</name>
        <lei>5299000HVNGZZTYYM906</lei>
        <title>Fuji Electric Co Ltd</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="6504 JP"/>
        </identifiers>
        <balance>40700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="149.44"/>
        <valUSD>1832951.63</valUSD>
        <pctVal>3.7133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>M31 Technology Corp</name>
        <lei>N/A</lei>
        <title>M31 Technology Corp</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="6643 TT"/>
        </identifiers>
        <balance>52800</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="32.2805"/>
        <valUSD>1314880.05</valUSD>
        <pctVal>2.6638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Acadia Healthcare Co Inc</name>
        <lei>5493005CW985Y9D0NC11</lei>
        <title>Acadia Healthcare Co Inc</title>
        <cusip>00404A109</cusip>
        <identifiers>
          <ticker value="ACHC"/>
        </identifiers>
        <balance>7600</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>534356</valUSD>
        <pctVal>1.0825</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>Accelleron Industries AG</name>
        <lei>254900KS0MD2PAARXD14</lei>
        <title>Accelleron Industries AG</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="ACLN SW"/>
        </identifiers>
        <balance>31600</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9154"/>
        <valUSD>819042.04</valUSD>
        <pctVal>1.6593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Axcelis Technologies Inc</name>
        <lei>529900HF9B6NL1QG9F05</lei>
        <title>Axcelis Technologies Inc</title>
        <cusip>054540208</cusip>
        <identifiers>
          <ticker value="ACLS"/>
        </identifiers>
        <balance>14329</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2336343.45</valUSD>
        <pctVal>4.7332</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>AIXTRON SE</name>
        <lei>5299004UJ4D51M25LD67</lei>
        <title>AIXTRON SE</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="AIXA GR"/>
        </identifiers>
        <balance>30000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9459"/>
        <valUSD>1098804.31</valUSD>
        <pctVal>2.226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allegro MicroSystems Inc</name>
        <lei>N/A</lei>
        <title>Allegro MicroSystems Inc</title>
        <cusip>01749D105</cusip>
        <identifiers>
          <ticker value="ALGM"/>
        </identifiers>
        <balance>25000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>798500</valUSD>
        <pctVal>1.6177</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>Allegiant Travel Co</name>
        <lei>549300JM9OZXOHWL2K18</lei>
        <title>Allegiant Travel Co</title>
        <cusip>01748X102</cusip>
        <identifiers>
          <ticker value="ALGT"/>
        </identifiers>
        <balance>4400</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>338184</valUSD>
        <pctVal>0.6851</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>Sumber Alfaria Trijaya Tbk PT</name>
        <lei>N/A</lei>
        <title>Sumber Alfaria Trijaya Tbk PT</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="AMRT IJ"/>
        </identifiers>
        <balance>2600000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="15455"/>
        <valUSD>497961.82</valUSD>
        <pctVal>1.0088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ashtead Technology Holdings pl</name>
        <lei>213800LHEWVY66RPGR58</lei>
        <title>Ashtead Technology Holdings plc</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="AT/ LN"/>
        </identifiers>
        <balance>459400</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8196"/>
        <valUSD>2449460.71</valUSD>
        <pctVal>4.9623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alphatec Holdings Inc</name>
        <lei>549300EZE8CQ8K65FS24</lei>
        <title>Alphatec Holdings Inc</title>
        <cusip>02081G201</cusip>
        <identifiers>
          <ticker value="ATEC"/>
        </identifiers>
        <balance>142700</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1850819</valUSD>
        <pctVal>3.7495</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>ATS Corp</name>
        <lei>5493005KP4RP3IU7HQ41</lei>
        <title>ATS Corp</title>
        <cusip>00217Y955</cusip>
        <identifiers>
          <ticker value="ATS CN"/>
        </identifiers>
        <balance>25000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3583"/>
        <valUSD>1065670.32</valUSD>
        <pctVal>2.1589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Axonics Inc</name>
        <lei>549300LJY4X7N57VJL05</lei>
        <title>Axonics Inc</title>
        <cusip>05465P101</cusip>
        <identifiers>
          <ticker value="AXNX"/>
        </identifiers>
        <balance>21500</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1206580</valUSD>
        <pctVal>2.4444</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>
          <ticker value="BDC"/>
        </identifiers>
        <balance>12600</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1216530</valUSD>
        <pctVal>2.4645</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>Bel Fuse Inc</name>
        <lei>2549009L4XYDBRRY6X39</lei>
        <title>Bel Fuse Inc</title>
        <cusip>077347300</cusip>
        <identifiers>
          <ticker value="BELFB"/>
        </identifiers>
        <balance>25000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1193000</valUSD>
        <pctVal>2.4169</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>BE Semiconductor Industries NV</name>
        <lei>7245007A1YFLI2GNYX06</lei>
        <title>BE Semiconductor Industries NV</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="BESI NA"/>
        </identifiers>
        <balance>7200</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9459"/>
        <valUSD>704168.98</valUSD>
        <pctVal>1.4266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clean Harbors Inc</name>
        <lei>5493000SJVZVZJKHJF48</lei>
        <title>Clean Harbors Inc</title>
        <cusip>184496107</cusip>
        <identifiers>
          <ticker value="CLH"/>
        </identifiers>
        <balance>7900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1322144</valUSD>
        <pctVal>2.6785</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>Comstock Resources Inc</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>Comstock Resources Inc</title>
        <cusip>205768302</cusip>
        <identifiers>
          <ticker value="CRK"/>
        </identifiers>
        <balance>64900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>715847</valUSD>
        <pctVal>1.4502</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>Crocs Inc</name>
        <lei>549300B0J6YCXD63OG72</lei>
        <title>Crocs Inc</title>
        <cusip>227046109</cusip>
        <identifiers>
          <ticker value="CROX"/>
        </identifiers>
        <balance>7000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>617610</valUSD>
        <pctVal>1.2512</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>Deckers Outdoor Corp</name>
        <lei>5493008LG4W3I6K8J118</lei>
        <title>Deckers Outdoor Corp</title>
        <cusip>243537107</cusip>
        <identifiers>
          <ticker value="DECK"/>
        </identifiers>
        <balance>2200</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1130998</valUSD>
        <pctVal>2.2913</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>BRP Inc</name>
        <lei>529900EPQGESIRCPY551</lei>
        <title>BRP Inc</title>
        <cusip>05577W952</cusip>
        <identifiers>
          <ticker value="DOO CN"/>
        </identifiers>
        <balance>8800</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3583"/>
        <valUSD>666073.77</valUSD>
        <pctVal>1.3494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Element Fleet Management Corp</name>
        <lei>5493000PGBS1C22ELQ16</lei>
        <title>Element Fleet Management Corp</title>
        <cusip>286181953</cusip>
        <identifiers>
          <ticker value="EFN CN"/>
        </identifiers>
        <balance>68600</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3583"/>
        <valUSD>984328.94</valUSD>
        <pctVal>1.9941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evolent Health Inc</name>
        <lei>549300CZOCFHQ2BBTR11</lei>
        <title>Evolent Health Inc</title>
        <cusip>30050B101</cusip>
        <identifiers>
          <ticker value="EVH"/>
        </identifiers>
        <balance>29600</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>806008</valUSD>
        <pctVal>1.6329</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>Extreme Networks Inc</name>
        <lei>549300WRECW11X94UB57</lei>
        <title>Extreme Networks Inc</title>
        <cusip>30226D106</cusip>
        <identifiers>
          <ticker value="EXTR"/>
        </identifiers>
        <balance>69000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1670490</valUSD>
        <pctVal>3.3842</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>Gerresheimer AG</name>
        <lei>5299006GD4UWSYZOKC28</lei>
        <title>Gerresheimer AG</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="GXI GR"/>
        </identifiers>
        <balance>5000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9459"/>
        <valUSD>523878.32</valUSD>
        <pctVal>1.0613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inmode Ltd</name>
        <lei>984500DD95A35E9BD358</lei>
        <title>Inmode Ltd</title>
        <cusip>M5425M103</cusip>
        <identifiers>
          <ticker value="INMD"/>
        </identifiers>
        <balance>19400</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>590924</valUSD>
        <pctVal>1.1971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kemira Oyj</name>
        <lei>74370031Y7RK5H88CQ48</lei>
        <title>Kemira Oyj</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="KEMIRAFH"/>
        </identifiers>
        <balance>38000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9459"/>
        <valUSD>590821.86</valUSD>
        <pctVal>1.1969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lantheus Holdings Inc</name>
        <lei>5299005HUB5IOJGO7S39</lei>
        <title>Lantheus Holdings Inc</title>
        <cusip>516544103</cusip>
        <identifiers>
          <ticker value="LNTH"/>
        </identifiers>
        <balance>7800</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>541944</valUSD>
        <pctVal>1.0979</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>Merit Medical Systems Inc</name>
        <lei>549300OYTY138SP2CE83</lei>
        <title>Merit Medical Systems Inc</title>
        <cusip>589889104</cusip>
        <identifiers>
          <ticker value="MMSI"/>
        </identifiers>
        <balance>7500</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>517650</valUSD>
        <pctVal>1.0487</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>MINISO Group Holding Ltd</name>
        <lei>2549006PIKT2YKNBL092</lei>
        <title>MINISO Group Holding Ltd</title>
        <cusip>66981J102</cusip>
        <identifiers>
          <ticker value="MNSO"/>
        </identifiers>
        <balance>38600</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>999740</valUSD>
        <pctVal>2.0254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Equity-Depositary Receipt"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Model N Inc</name>
        <lei>549300WCIL3W0EYSBN94</lei>
        <title>Model N Inc</title>
        <cusip>607525102</cusip>
        <identifiers>
          <ticker value="MODN"/>
        </identifiers>
        <balance>16200</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>395442</valUSD>
        <pctVal>0.8011</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>Universal Display Corp</name>
        <lei>N/A</lei>
        <title>Universal Display Corp</title>
        <cusip>91347P105</cusip>
        <identifiers>
          <ticker value="OLED"/>
        </identifiers>
        <balance>3100</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>486669</valUSD>
        <pctVal>0.9859</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>Oxford Instruments PLC</name>
        <lei>213800J364EZD6UCE231</lei>
        <title>Oxford Instruments PLC</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="OXIG LN"/>
        </identifiers>
        <balance>19200</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8196"/>
        <valUSD>510688.14</valUSD>
        <pctVal>1.0346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perion Network Ltd</name>
        <lei>529900SL7HYNVD6HG708</lei>
        <title>Perion Network Ltd</title>
        <cusip>M78673114</cusip>
        <identifiers>
          <ticker value="PERI"/>
        </identifiers>
        <balance>43200</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1323216</valUSD>
        <pctVal>2.6807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Power Integrations Inc</name>
        <lei>54930085LGXSCIHD5W31</lei>
        <title>Power Integrations Inc</title>
        <cusip>739276103</cusip>
        <identifiers>
          <ticker value="POWI"/>
        </identifiers>
        <balance>10000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>763100</valUSD>
        <pctVal>1.5459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2024-03-28</ncom:dateSigned>
      <ncom:nameOfApplicant>The Oberweis Funds</ncom:nameOfApplicant>
      <ncom:signature>Eric Hannemann</ncom:signature>
      <ncom:signerName>Eric Hannemann</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
