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        <valUSD>19029438.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Reliant Bancorp, Inc.</name>
        <lei>549300K01QVP0R3WTW85</lei>
        <title>RELIANT BANCORP INC COMMON STOCK</title>
        <cusip>75956B101</cusip>
        <identifiers>
          <isin value="US75956B1017"/>
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        <balance>5536.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>153513.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ORGANON &amp; CO.</name>
        <lei>549300AMCKY57OK2CO56</lei>
        <title>ORGANON &amp; CO COMMON STOCK</title>
        <cusip>68622V106</cusip>
        <identifiers>
          <isin value="US68622V1061"/>
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        <balance>31515.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>953643.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMPLOYERS HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>EMPLOYERS HOLDINGS INC COMMON STOCK</title>
        <cusip>292218104</cusip>
        <identifiers>
          <isin value="US2922181043"/>
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        <balance>9517.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>407327.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PCSB FINANCIAL CORPORATION</name>
        <lei>N/A</lei>
        <title>PCSB FINANCIAL CORP COMMON STOCK</title>
        <cusip>69324R104</cusip>
        <identifiers>
          <isin value="US69324R1041"/>
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        <balance>20853.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>378899.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ANNALY CAPITAL MANAGEMENT, INC.</name>
        <lei>2DTL0G3FPRYUT58TI025</lei>
        <title>ANNALY CAPITAL MANAGEMENT IN REIT</title>
        <cusip>035710409</cusip>
        <identifiers>
          <isin value="US0357104092"/>
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        <balance>253100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2247528.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CUMMINS INC.</name>
        <lei>ZUNI8PYC725B6H8JU438</lei>
        <title>CUMMINS INC COMMON STOCK</title>
        <cusip>231021106</cusip>
        <identifiers>
          <isin value="US2310211063"/>
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        <balance>31600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7704396.00000000</valUSD>
        <pctVal>0.772578358948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA WATER SERVICE GROUP</name>
        <lei>529900QABDOBU6UVRQ36</lei>
        <title>CALIFORNIA WATER SERVICE GRP COMMON STOCK</title>
        <cusip>130788102</cusip>
        <identifiers>
          <isin value="US1307881029"/>
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        <balance>5294.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>294028.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DARLING INGREDIENTS INC.</name>
        <lei>L1N0SPPKS7EXZYUMZ898</lei>
        <title>DARLING INGREDIENTS INC COMMON STOCK</title>
        <cusip>237266101</cusip>
        <identifiers>
          <isin value="US2372661015"/>
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        <balance>5517.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>372397.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BANQUE CANADIENNE IMPERIALE DE COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CAN IMPERIAL BK OF COMMERCE COMMON STOCK</title>
        <cusip>136069101</cusip>
        <identifiers>
          <isin value="CA1360691010"/>
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        <balance>29300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.23830000"/>
        <valUSD>3338870.23000000</valUSD>
        <pctVal>0.334813901444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC-CL A COMMON STOCK</title>
        <cusip>02079K305</cusip>
        <identifiers>
          <isin value="US02079K3059"/>
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        <balance>505.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1233103.95000000</valUSD>
        <pctVal>0.123652707636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SIGA TECHNOLOGIES, INC.</name>
        <lei>N/A</lei>
        <title>SIGA TECHNOLOGIES INC COMMON STOCK</title>
        <cusip>826917106</cusip>
        <identifiers>
          <isin value="US8269171067"/>
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        <balance>33244.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>208772.32000000</valUSD>
        <pctVal>0.020935187700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HCI GROUP, INC.</name>
        <lei>549300CZF7EZJH0MPH74</lei>
        <title>HCI GROUP INC COMMON STOCK</title>
        <cusip>40416E103</cusip>
        <identifiers>
          <isin value="US40416E1038"/>
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        <balance>2470.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>245592.10000000</valUSD>
        <pctVal>0.024627386960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOGO INC.</name>
        <lei>549300VL3DIHSFHYTO04</lei>
        <title>GOGO INC COMMON STOCK</title>
        <cusip>38046C109</cusip>
        <identifiers>
          <isin value="US38046C1099"/>
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        <balance>19697.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>224151.86000000</valUSD>
        <pctVal>0.022477411098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THE HANOVER INSURANCE GROUP, INC.</name>
        <lei>JJYR6MFKFF6CF8DBZ078</lei>
        <title>HANOVER INSURANCE GROUP INC/ COMMON STOCK</title>
        <cusip>410867105</cusip>
        <identifiers>
          <isin value="US4108671052"/>
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        <balance>30323.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4113011.72000000</valUSD>
        <pctVal>0.412442953993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SPARK ENERGY, INC.</name>
        <lei>549300U656GZMTWR1T03</lei>
        <title>SPARK ENERGY INC-CLASS A COMMON STOCK</title>
        <cusip>846511103</cusip>
        <identifiers>
          <isin value="US8465111032"/>
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        <balance>11425.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>129445.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EBAY INC.</name>
        <lei>OML71K8X303XQONU6T67</lei>
        <title>EBAY INC COMMON STOCK</title>
        <cusip>278642103</cusip>
        <identifiers>
          <isin value="US2786421030"/>
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        <balance>194674.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13668061.54000000</valUSD>
        <pctVal>1.370600440914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DANAHER CORPORATION</name>
        <lei>S4BKK9OTCEWQ3YHPFM11</lei>
        <title>DANAHER CORP COMMON STOCK</title>
        <cusip>235851102</cusip>
        <identifiers>
          <isin value="US2358511028"/>
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        <balance>9853.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2644151.08000000</valUSD>
        <pctVal>0.265149130729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HENRY SCHEIN, INC.</name>
        <lei>VGO3WGL8H45T73F4RR92</lei>
        <title>HENRY SCHEIN INC COMMON STOCK</title>
        <cusip>806407102</cusip>
        <identifiers>
          <isin value="US8064071025"/>
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        <balance>30982.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2298554.58000000</valUSD>
        <pctVal>0.230493542306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DTE ENERGY COMPANY</name>
        <lei>549300IX8SD6XXD71I78</lei>
        <title>DTE ENERGY COMPANY COMMON STOCK</title>
        <cusip>233331107</cusip>
        <identifiers>
          <isin value="US2333311072"/>
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        <balance>46699.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6052190.40000000</valUSD>
        <pctVal>0.606899142681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WORLD WRESTLING ENTERTAINMENT, INC.</name>
        <lei>549300WZVLSCS3L4L698</lei>
        <title>WORLD WRESTLING ENTERTAIN-A COMMON STOCK</title>
        <cusip>98156Q108</cusip>
        <identifiers>
          <isin value="US98156Q1085"/>
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        <balance>39857.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2307321.73000000</valUSD>
        <pctVal>0.231372691088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC-CL C COMMON STOCK</title>
        <cusip>02079K107</cusip>
        <identifiers>
          <isin value="US02079K1079"/>
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        <balance>331.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>829591.92000000</valUSD>
        <pctVal>0.083189488721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FTI CONSULTING, INC.</name>
        <lei>549300K17GM8EQD0FQ48</lei>
        <title>FTI CONSULTING INC COMMON STOCK</title>
        <cusip>302941109</cusip>
        <identifiers>
          <isin value="US3029411093"/>
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        <balance>7275.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>993837.75000000</valUSD>
        <pctVal>0.099659666761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RETAIL OPPORTUNITY INVESTMENTS CORP.</name>
        <lei>N/A</lei>
        <title>RETAIL OPPORTUNITY INVESTMEN REIT</title>
        <cusip>76131N101</cusip>
        <identifiers>
          <isin value="US76131N1019"/>
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        <balance>10431.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>184211.46000000</valUSD>
        <pctVal>0.018472283546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FRONTLINE LTD.</name>
        <lei>5493004BCIKYU1YL3H63</lei>
        <title>FRONTLINE LTD COMMON STOCK</title>
        <cusip>G3682E192</cusip>
        <identifiers>
          <isin value="BMG3682E1921"/>
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        <balance>29023.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>261207.00000000</valUSD>
        <pctVal>0.026193211694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES CELLULAR CORPORATION</name>
        <lei>N/A</lei>
        <title>US CELLULAR CORP COMMON STOCK</title>
        <cusip>911684108</cusip>
        <identifiers>
          <isin value="US9116841084"/>
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        <balance>15966.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>579725.46000000</valUSD>
        <pctVal>0.058133479188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY</name>
        <lei>635400RUXIFEZSRU8X70</lei>
        <title>SEAGATE TECHNOLOGY HOLDINGS COMMON STOCK</title>
        <cusip>G7997R103</cusip>
        <identifiers>
          <isin value="IE00BKVD2N49"/>
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        <balance>116500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10243845.00000000</valUSD>
        <pctVal>1.027228216127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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 COMMON STOCK</title>
        <cusip>68235P108</cusip>
        <identifiers>
          <isin value="US68235P1084"/>
        </identifiers>
        <balance>570.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42248.40000000</valUSD>
        <pctVal>0.004236568257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WATERSTONE FINANCIAL, INC.</name>
        <lei>5493002KM21XRC2DCQ02</lei>
        <title>WATERSTONE FINANCIAL INC COMMON STOCK</title>
        <cusip>94188P101</cusip>
        <identifiers>
          <isin value="US94188P1012"/>
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        <balance>19067.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>374857.22000000</valUSD>
        <pctVal>0.037589783270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EASTERLY GOVERNMENT PROPERTIES, INC.</name>
        <lei>549300ERMCEFC6S8HL77</lei>
        <title>EASTERLY GOVERNMENT PROPERTI REIT</title>
        <cusip>27616P103</cusip>
        <identifiers>
          <isin value="US27616P1030"/>
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        <balance>8722.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>183859.76000000</valUSD>
        <pctVal>0.018437015913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SONOCO PRODUCTS COMPANY</name>
        <lei>GKOMIK4RDJGHEF0VNP11</lei>
        <title>SONOCO PRODUCTS CO COMMON STOCK</title>
        <cusip>835495102</cusip>
        <identifiers>
          <isin value="US8354951027"/>
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        <balance>58810.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3934389.00000000</valUSD>
        <pctVal>0.394531095894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Inogen Inc</name>
        <lei>549300J8WJIVTOJ8IH97</lei>
        <title>INOGEN INC COMMON STOCK</title>
        <cusip>45780L104</cusip>
        <identifiers>
          <isin value="US45780L1044"/>
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        <balance>2932.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>191078.44000000</valUSD>
        <pctVal>0.019160887836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEWMONT CORPORATION</name>
        <lei>549300VSP3RIX7FGDZ51</lei>
        <title>NEWMONT CORP COMMON STOCK</title>
        <cusip>651639106</cusip>
        <identifiers>
          <isin value="US6516391066"/>
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        <balance>115789.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7338706.82000000</valUSD>
        <pctVal>0.735907924748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SILGAN HOLDINGS INC.</name>
        <lei>KAF673KJXD92C8KSLU49</lei>
        <title>SILGAN HOLDINGS INC COMMON STOCK</title>
        <cusip>827048109</cusip>
        <identifiers>
          <isin value="US8270481091"/>
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        <balance>93288.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3871452.00000000</valUSD>
        <pctVal>0.388219924431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Evergy, Inc.</name>
        <lei>549300PGTHDQY6PSUI61</lei>
        <title>EVERGY INC COMMON STOCK</title>
        <cusip>30034W106</cusip>
        <identifiers>
          <isin value="US30034W1062"/>
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        <balance>204537.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12360170.91000000</valUSD>
        <pctVal>1.239448304314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KIMBERLY-CLARK CORPORATION</name>
        <lei>MP3J6QPYPGN75NVW2S34</lei>
        <title>KIMBERLY-CLARK CORP COMMON STOCK</title>
        <cusip>494368103</cusip>
        <identifiers>
          <isin value="US4943681035"/>
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        <balance>63200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8454896.00000000</valUSD>
        <pctVal>0.847836699562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AVNET, INC.</name>
        <lei>XJI53DCPL7QABOWK4Z75</lei>
        <title>AVNET INC COMMON STOCK</title>
        <cusip>053807103</cusip>
        <identifiers>
          <isin value="US0538071038"/>
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        <balance>61200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2452896.00000000</valUSD>
        <pctVal>0.245970529857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRISTOL-MYERS SQUIBB COMPANY</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>BRISTOL-MYERS SQUIBB CO COMMON STOCK</title>
        <cusip>110122108</cusip>
        <identifiers>
          <isin value="US1101221083"/>
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        <balance>251177.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16783647.14000000</valUSD>
        <pctVal>1.683023895006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NATIONAL FUEL GAS COMPANY</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>NATIONAL FUEL GAS CO COMMON STOCK</title>
        <cusip>636180101</cusip>
        <identifiers>
          <isin value="US6361801011"/>
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        <balance>78800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4117300.00000000</valUSD>
        <pctVal>0.412872972430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANADIAN TIRE CORPORATION, LIMITED</name>
        <lei>549300RLHDA7VQYMUB14</lei>
        <title>CANADIAN TIRE CORP-CLASS A COMMON STOCK</title>
        <cusip>136681202</cusip>
        <identifiers>
          <isin value="CA1366812024"/>
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        <balance>23000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.23830000"/>
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        <pctVal>0.365356095597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SNAP-ON INCORPORATED</name>
        <lei>HHWAT5TDOYZMM26KKQ73</lei>
        <title>SNAP-ON INC COMMON STOCK</title>
        <cusip>833034101</cusip>
        <identifiers>
          <isin value="US8330341012"/>
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        <balance>22300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4982489.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DermTech Inc</name>
        <lei>N/A</lei>
        <title>DERMTECH INC COMMON STOCK</title>
        <cusip>24984K105</cusip>
        <identifiers>
          <isin value="US24984K1051"/>
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        <balance>1956.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>81310.92000000</valUSD>
        <pctVal>0.008153664107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LANCASTER COLONY CORPORATION</name>
        <lei>529900X4O13HED1ZAS58</lei>
        <title>LANCASTER COLONY CORP COMMON STOCK</title>
        <cusip>513847103</cusip>
        <identifiers>
          <isin value="US5138471033"/>
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        <balance>3376.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>653289.76000000</valUSD>
        <pctVal>0.065510330816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PACIRA BIOSCIENCES, INC.</name>
        <lei>549300P56LERYBDHCF69</lei>
        <title>PACIRA BIOSCIENCES INC COMMON STOCK</title>
        <cusip>695127100</cusip>
        <identifiers>
          <isin value="US6951271005"/>
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        <balance>4675.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>283679.00000000</valUSD>
        <pctVal>0.028446649975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cboe Global Markets, Inc.</name>
        <lei>529900RLNSGA90UPEH54</lei>
        <title>CBOE GLOBAL MARKETS INC COMMON STOCK</title>
        <cusip>12503M108</cusip>
        <identifiers>
          <isin value="US12503M1080"/>
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        <balance>25918.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3085537.90000000</valUSD>
        <pctVal>0.309410342777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>THE COCA-COLA COMPANY</name>
        <lei>UWJKFUJFZ02DKWI3RY53</lei>
        <title>COCA-COLA CO/THE COMMON STOCK</title>
        <cusip>191216100</cusip>
        <identifiers>
          <isin value="US1912161007"/>
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        <balance>105116.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5687826.76000000</valUSD>
        <pctVal>0.570361630454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FINANCIAL, INC.</name>
        <lei>254900B9UDXFOJAZKN61</lei>
        <title>COLUMBIA FINANCIAL INC COMMON STOCK</title>
        <cusip>197641103</cusip>
        <identifiers>
          <isin value="US1976411033"/>
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        <balance>22200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>382284.00000000</valUSD>
        <pctVal>0.038334522962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUNTINGTON INGALLS INDUSTRIES, INC.</name>
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        <title>HUNTINGTON INGALLS INDUSTRIE COMMON STOCK</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TUCOWS INC.</name>
        <lei>529900860LTAB4QUV247</lei>
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          <isin value="US8986972060"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FRONTDOOR, INC.</name>
        <lei>5493008RB0JZJI3QGZ06</lei>
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          <isin value="US35905A1097"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HEALTHCARE REALTY TRUST INCORPORATED</name>
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        <title>HEALTHCARE REALTY TRUST INC REIT</title>
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          <isin value="US4219461047"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THE NEW YORK TIMES COMPANY</name>
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        <title>NEW YORK TIMES CO-A COMMON STOCK</title>
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          <isin value="US6501111073"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THE HAIN CELESTIAL GROUP, INC.</name>
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          <isin value="US4052171000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STURM, RUGER &amp; COMPANY, INC.</name>
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          <isin value="US8641591081"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OTIS WORLDWIDE CORPORATION</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BALCHEM CORPORATION</name>
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        <title>BALCHEM CORP COMMON STOCK</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CORNERSTONE ONDEMAND, INC.</name>
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        <title>CORNERSTONE ONDEMAND INC COMMON STOCK</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Amdocs Limited</name>
        <lei>549300HQV672RJ7RQV66</lei>
        <title>AMDOCS LTD COMMON STOCK</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>F5 NETWORKS, INC.</name>
        <lei>54930015FPK9KT966303</lei>
        <title>F5 NETWORKS INC COMMON STOCK</title>
        <cusip>315616102</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JOHN WILEY &amp; SONS, INC.</name>
        <lei>5493003XM719UN7E8P64</lei>
        <title>WILEY (JOHN) &amp; SONS-CLASS A COMMON STOCK</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>COCA-COLA CONSOLIDATED, INC.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>DROPBOX, INC.</name>
        <lei>549300JCDF7UAR6TJR51</lei>
        <title>DROPBOX INC-CLASS A COMMON STOCK</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FORWARD AIR CORPORATION</name>
        <lei>N/A</lei>
        <title>FORWARD AIR CORP COMMON STOCK</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SANDERSON FARMS, INC.</name>
        <lei>529900KZGVFTWHUO2759</lei>
        <title>SANDERSON FARMS INC COMMON STOCK</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SPS COMMERCE, INC.</name>
        <lei>2549006XVF9GCCETDQ72</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>THE TORO COMPANY</name>
        <lei>YJKE4YIT6BWQHVEW0D14</lei>
        <title>TORO CO COMMON STOCK</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>AMERICAN FINANCIAL GROUP, INC.</name>
        <lei>549300AFOM7IVKIU1G39</lei>
        <title>AMERICAN FINANCIAL GROUP INC COMMON STOCK</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>EAGLE PHARMACEUTICALS, INC.</name>
        <lei>549300TN20OLYTJVP152</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>GRAND CANYON EDUCATION, INC.</name>
        <lei>529900XFER799IYOSW74</lei>
        <title>GRAND CANYON EDUCATION INC COMMON STOCK</title>
        <cusip>38526M106</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AMGEN INC.</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>AMGEN INC COMMON STOCK</title>
        <cusip>031162100</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMAZON.COM, INC.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMAZON.COM INC COMMON STOCK</title>
        <cusip>023135106</cusip>
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        <balance>621.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2136339.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PORTLAND GENERAL ELECTRIC COMPANY</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>PORTLAND GENERAL ELECTRIC CO COMMON STOCK</title>
        <cusip>736508847</cusip>
        <identifiers>
          <isin value="US7365088472"/>
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        <balance>194200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8948736.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KEARNY FINANCIAL CORP.</name>
        <lei>N/A</lei>
        <title>KEARNY FINANCIAL CORP/MD COMMON STOCK</title>
        <cusip>48716P108</cusip>
        <identifiers>
          <isin value="US48716P1084"/>
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        <balance>32983.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>394146.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PROGRESS SOFTWARE CORPORATION</name>
        <lei>N/A</lei>
        <title>PROGRESS SOFTWARE CORP COMMON STOCK</title>
        <cusip>743312100</cusip>
        <identifiers>
          <isin value="US7433121008"/>
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        <balance>9611.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>444508.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Red Violet Inc</name>
        <lei>549300T4EGADG881UU63</lei>
        <title>RED VIOLET INC COMMON STOCK</title>
        <cusip>75704L104</cusip>
        <identifiers>
          <isin value="US75704L1044"/>
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        <balance>4150.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>97608.00000000</valUSD>
        <pctVal>0.009787896216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMMUNITY BANK SYSTEM, INC.</name>
        <lei>5299008N6YHE6GCP1E80</lei>
        <title>COMMUNITY BANK SYSTEM INC COMMON STOCK</title>
        <cusip>203607106</cusip>
        <identifiers>
          <isin value="US2036071064"/>
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        <balance>3228.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>244198.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IRON MOUNTAIN INCORPORATED</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC REIT</title>
        <cusip>46284V101</cusip>
        <identifiers>
          <isin value="US46284V1017"/>
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        <balance>146700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6208344.00000000</valUSD>
        <pctVal>0.622557851297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COSTCO WHOLESALE CORPORATION</name>
        <lei>29DX7H14B9S6O3FD6V18</lei>
        <title>COSTCO WHOLESALE CORP COMMON STOCK</title>
        <cusip>22160K105</cusip>
        <identifiers>
          <isin value="US22160K1051"/>
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        <balance>8663.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3427689.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MARSH &amp; MCLENNAN COMPANIES, INC.</name>
        <lei>549300XMP3KDCKJXIU47</lei>
        <title>MARSH &amp; MCLENNAN COS COMMON STOCK</title>
        <cusip>571748102</cusip>
        <identifiers>
          <isin value="US5717481023"/>
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        <balance>43980.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6187106.40000000</valUSD>
        <pctVal>0.620428195688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMPHENOL CORPORATION</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>AMPHENOL CORP-CL A COMMON STOCK</title>
        <cusip>032095101</cusip>
        <identifiers>
          <isin value="US0320951017"/>
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        <balance>42206.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2887312.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>3M COMPANY</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>3M CO COMMON STOCK</title>
        <cusip>88579Y101</cusip>
        <identifiers>
          <isin value="US88579Y1010"/>
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        <balance>78970.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15685811.10000000</valUSD>
        <pctVal>1.572935529068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>THE BRINK'S COMPANY</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BRINK'S CO/THE COMMON STOCK</title>
        <cusip>109696104</cusip>
        <identifiers>
          <isin value="US1096961040"/>
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        <balance>5682.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>436604.88000000</valUSD>
        <pctVal>0.043781690569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VECTOR GROUP LTD.</name>
        <lei>549300TUIF4WWN6NDN50</lei>
        <title>VECTOR GROUP LTD COMMON STOCK</title>
        <cusip>92240M108</cusip>
        <identifiers>
          <isin value="US92240M1080"/>
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        <balance>33029.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>467030.06000000</valUSD>
        <pctVal>0.046832654673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ASSURANT, INC.</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
        <title>ASSURANT INC COMMON STOCK</title>
        <cusip>04621X108</cusip>
        <identifiers>
          <isin value="US04621X1081"/>
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        <balance>3873.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>604885.14000000</valUSD>
        <pctVal>0.060656431576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>J. B. HUNT TRANSPORT SERVICES, INC.</name>
        <lei>549300XCD1MPI1C5GK90</lei>
        <title>HUNT (JB) TRANSPRT SVCS INC COMMON STOCK</title>
        <cusip>445658107</cusip>
        <identifiers>
          <isin value="US4456581077"/>
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        <balance>9190.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1497510.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IRONWOOD PHARMACEUTICALS, INC.</name>
        <lei>549300PC8MR6QHH6P296</lei>
        <title>IRONWOOD PHARMACEUTICALS INC COMMON STOCK</title>
        <cusip>46333X108</cusip>
        <identifiers>
          <isin value="US46333X1081"/>
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        <balance>33544.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>431711.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>USANA HEALTH SCIENCES, INC.</name>
        <lei>549300YTURXE814MAH96</lei>
        <title>USANA HEALTH SCIENCES INC COMMON STOCK</title>
        <cusip>90328M107</cusip>
        <identifiers>
          <isin value="US90328M1071"/>
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        <balance>3736.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>382678.48000000</valUSD>
        <pctVal>0.038374080470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COLGATE-PALMOLIVE COMPANY</name>
        <lei>YMEGZFW4SBUSS5BQXF88</lei>
        <title>COLGATE-PALMOLIVE CO COMMON STOCK</title>
        <cusip>194162103</cusip>
        <identifiers>
          <isin value="US1941621039"/>
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        <balance>59622.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4850249.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STANDARD MOTOR PRODUCTS, INC.</name>
        <lei>THGK1EO5B5HK0JHQVZ90</lei>
        <title>STANDARD MOTOR PRODS COMMON STOCK</title>
        <cusip>853666105</cusip>
        <identifiers>
          <isin value="US8536661056"/>
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        <balance>5724.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>248135.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STEREOTAXIS, INC.</name>
        <lei>549300KPNOKI02O2ZP21</lei>
        <title>STEREOTAXIS INC COMMON STOCK</title>
        <cusip>85916J409</cusip>
        <identifiers>
          <isin value="US85916J4094"/>
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        <balance>31718.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>305761.52000000</valUSD>
        <pctVal>0.030661032136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RANPAK HOLDINGS CORP</name>
        <lei>5493000Z9EZR9DCYOO86</lei>
        <title>RANPAK HOLDINGS CORP COMMON STOCK</title>
        <cusip>75321W103</cusip>
        <identifiers>
          <isin value="US75321W1036"/>
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        <balance>873.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21851.19000000</valUSD>
        <pctVal>0.002191184943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SMITH &amp; WESSON BRANDS, INC.</name>
        <lei>5493004PFHUPOR1PWN79</lei>
        <title>SMITH &amp; WESSON BRANDS INC COMMON STOCK</title>
        <cusip>831754106</cusip>
        <identifiers>
          <isin value="US8317541063"/>
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        <balance>6508.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>225827.60000000</valUSD>
        <pctVal>0.022645450287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALERUS FINANCIAL CORPORATION</name>
        <lei>5493008BXLBPPELQ3G57</lei>
        <title>ALERUS FINANCIAL CORP COMMON STOCK</title>
        <cusip>01446U103</cusip>
        <identifiers>
          <isin value="US01446U1034"/>
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        <balance>5930.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>172029.30000000</valUSD>
        <pctVal>0.017250685749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INTERNATIONAL BUSINESS MACHINES CORPORATION</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
        <title>INTL BUSINESS MACHINES CORP COMMON STOCK</title>
        <cusip>459200101</cusip>
        <identifiers>
          <isin value="US4592001014"/>
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        <balance>102708.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15055965.72000000</valUSD>
        <pctVal>1.509776144468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lions Gate Entertainment Corp.</name>
        <lei>5493000JSMHPHZURLM72</lei>
        <title>LIONS GATE ENTERTAINMENT-A COMMON STOCK</title>
        <cusip>535919401</cusip>
        <identifiers>
          <isin value="CA5359194019"/>
        </identifiers>
        <balance>18053.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>373697.10000000</valUSD>
        <pctVal>0.037473449218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>D.R. HORTON, INC.</name>
        <lei>529900ZIUEYVSB8QDD25</lei>
        <title>DR HORTON INC COMMON STOCK</title>
        <cusip>23331A109</cusip>
        <identifiers>
          <isin value="US23331A1097"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3614800.00000000</valUSD>
        <pctVal>0.362483477215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUNGE LIMITED</name>
        <lei>5493007M0RIN8HY3MM77</lei>
        <title>BUNGE LTD COMMON STOCK</title>
        <cusip>G16962105</cusip>
        <identifiers>
          <isin value="BMG169621056"/>
        </identifiers>
        <balance>14459.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1129970.85000000</valUSD>
        <pctVal>0.113310767638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL BANK HOLDINGS CORPORATION</name>
        <lei>N/A</lei>
        <title>NATIONAL BANK HOLD-CL A COMMON STOCK</title>
        <cusip>633707104</cusip>
        <identifiers>
          <isin value="US6337071046"/>
        </identifiers>
        <balance>11134.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>420197.16000000</valUSD>
        <pctVal>0.042136363747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HALOZYME THERAPEUTICS, INC.</name>
        <lei>529900242I3SV9AGM753</lei>
        <title>HALOZYME THERAPEUTICS INC COMMON STOCK</title>
        <cusip>40637H109</cusip>
        <identifiers>
          <isin value="US40637H1095"/>
        </identifiers>
        <balance>524.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23794.84000000</valUSD>
        <pctVal>0.002386089505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MGP INGREDIENTS, INC.</name>
        <lei>2549006OMHFVZ4MS8538</lei>
        <title>MGP INGREDIENTS INC COMMON STOCK</title>
        <cusip>55303J106</cusip>
        <identifiers>
          <isin value="US55303J1060"/>
        </identifiers>
        <balance>5043.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>341108.52000000</valUSD>
        <pctVal>0.034205544549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOUTH JERSEY INDUSTRIES, INC.</name>
        <lei>549300DJYWYT5VXLFA46</lei>
        <title>SOUTH JERSEY INDUSTRIES COMMON STOCK</title>
        <cusip>838518108</cusip>
        <identifiers>
          <isin value="US8385181081"/>
        </identifiers>
        <balance>13846.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>359026.78000000</valUSD>
        <pctVal>0.036002344701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RPT REALTY</name>
        <lei>549300T03GDH1L37S188</lei>
        <title>RPT REALTY REIT</title>
        <cusip>74971D101</cusip>
        <identifiers>
          <isin value="US74971D1019"/>
        </identifiers>
        <balance>8720.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>113185.60000000</valUSD>
        <pctVal>0.011349980596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARBOR REALTY TRUST, INC.</name>
        <lei>549300ASFUWYQO0RW077</lei>
        <title>ARBOR REALTY TRUST INC REIT</title>
        <cusip>038923108</cusip>
        <identifiers>
          <isin value="US0389231087"/>
        </identifiers>
        <balance>17353.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>309230.46000000</valUSD>
        <pctVal>0.031008889122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sapiens International Corporation N.V.</name>
        <lei>N/A</lei>
        <title>SAPIENS INTERNATIONAL CORP COMMON STOCK</title>
        <cusip>G7T16G103</cusip>
        <identifiers>
          <isin value="KYG7T16G1039"/>
        </identifiers>
        <balance>16515.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>433849.05000000</valUSD>
        <pctVal>0.043505342544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ERIE INDEMNITY COMPANY</name>
        <lei>549300WA5KP94KRUFZ80</lei>
        <title>ERIE INDEMNITY COMPANY-CL A COMMON STOCK</title>
        <cusip>29530P102</cusip>
        <identifiers>
          <isin value="US29530P1021"/>
        </identifiers>
        <balance>3066.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>592811.10000000</valUSD>
        <pctVal>0.059445675793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAWAIIAN ELECTRIC INDUSTRIES, INC.</name>
        <lei>JJ8FWOCWCV22X7GUPJ23</lei>
        <title>HAWAIIAN ELECTRIC INDS COMMON STOCK</title>
        <cusip>419870100</cusip>
        <identifiers>
          <isin value="US4198701009"/>
        </identifiers>
        <balance>35887.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1517302.36000000</valUSD>
        <pctVal>0.152151442801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NI HOLDINGS, INC.</name>
        <lei>549300LLJVCO2EGU3180</lei>
        <title>NI HOLDINGS INC COMMON STOCK</title>
        <cusip>65342T106</cusip>
        <identifiers>
          <isin value="US65342T1060"/>
        </identifiers>
        <balance>1708.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32469.08000000</valUSD>
        <pctVal>0.003255921495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MORNINGSTAR, INC.</name>
        <lei>529900YGNQPOVAXQ7F29</lei>
        <title>MORNINGSTAR INC COMMON STOCK</title>
        <cusip>617700109</cusip>
        <identifiers>
          <isin value="US6177001095"/>
        </identifiers>
        <balance>15774.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4055653.14000000</valUSD>
        <pctVal>0.406691173112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALKERMES PUBLIC LIMITED COMPANY</name>
        <lei>N/A</lei>
        <title>ALKERMES PLC COMMON STOCK</title>
        <cusip>G01767105</cusip>
        <identifiers>
          <isin value="IE00B56GVS15"/>
        </identifiers>
        <balance>5460.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>133879.20000000</valUSD>
        <pctVal>0.013425085189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE ALLSTATE CORPORATION</name>
        <lei>OBT0W1ED8G0NWVOLOJ77</lei>
        <title>ALLSTATE CORP COMMON STOCK</title>
        <cusip>020002101</cusip>
        <identifiers>
          <isin value="US0200021014"/>
        </identifiers>
        <balance>115300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15039732.00000000</valUSD>
        <pctVal>1.508148265948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE HERSHEY COMPANY</name>
        <lei>21X2CX66SU2BR6QTAD08</lei>
        <title>HERSHEY CO/THE COMMON STOCK</title>
        <cusip>427866108</cusip>
        <identifiers>
          <isin value="US4278661081"/>
        </identifiers>
        <balance>37470.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6526524.60000000</valUSD>
        <pctVal>0.654464239001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSAL CORPORATION</name>
        <lei>549300BZXZ66F6DTIF20</lei>
        <title>UNIVERSAL CORP/VA COMMON STOCK</title>
        <cusip>913456109</cusip>
        <identifiers>
          <isin value="US9134561094"/>
        </identifiers>
        <balance>10044.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>572206.68000000</valUSD>
        <pctVal>0.057379513957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARTESIAN RESOURCES CORPORATION</name>
        <lei>N/A</lei>
        <title>ARTESIAN RESOURCES CORP-CL A COMMON STOCK</title>
        <cusip>043113208</cusip>
        <identifiers>
          <isin value="US0431132085"/>
        </identifiers>
        <balance>2902.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>106706.54000000</valUSD>
        <pctVal>0.010700275993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE SIMPLY GOOD FOODS COMPANY</name>
        <lei>N/A</lei>
        <title>SIMPLY GOOD FOODS CO/THE COMMON STOCK</title>
        <cusip>82900L102</cusip>
        <identifiers>
          <isin value="US82900L1026"/>
        </identifiers>
        <balance>9676.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>353270.76000000</valUSD>
        <pctVal>0.035425144816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRP GROUP, INC.</name>
        <lei>N/A</lei>
        <title>BRP GROUP INC-A COMMON STOCK</title>
        <cusip>05589G102</cusip>
        <identifiers>
          <isin value="US05589G1022"/>
        </identifiers>
        <balance>6157.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>164084.05000000</valUSD>
        <pctVal>0.016453955128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NewMarket Corporation</name>
        <lei>54930082CG88ERDREQ47</lei>
        <title>NEWMARKET CORP COMMON STOCK</title>
        <cusip>651587107</cusip>
        <identifiers>
          <isin value="US6515871076"/>
        </identifiers>
        <balance>9153.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2947082.94000000</valUSD>
        <pctVal>0.295526411346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BIOGEN INC.</name>
        <lei>W8J5WZB5IY3K0NDQT671</lei>
        <title>BIOGEN INC COMMON STOCK</title>
        <cusip>09062X103</cusip>
        <identifiers>
          <isin value="US09062X1037"/>
        </identifiers>
        <balance>3349.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1159658.23000000</valUSD>
        <pctVal>0.116287746927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLOWERS FOODS, INC.</name>
        <lei>7YNCQQNDK8FBM9BBTK25</lei>
        <title>FLOWERS FOODS INC COMMON STOCK</title>
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          <isin value="US3434981011"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>BAXTER INTERNATIONAL INC.</name>
        <lei>J5OIVXX3P24RJRW5CK77</lei>
        <title>BAXTER INTERNATIONAL INC COMMON STOCK</title>
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          <isin value="US0718131099"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OMNICOM GROUP INC.</name>
        <lei>HKUPACFHSSASQK8HLS17</lei>
        <title>OMNICOM GROUP COMMON STOCK</title>
        <cusip>681919106</cusip>
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          <isin value="US6819191064"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GILEAD SCIENCES, INC.</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>GILEAD SCIENCES INC COMMON STOCK</title>
        <cusip>375558103</cusip>
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          <isin value="US3755581036"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHIBRO ANIMAL HEALTH CORPORATION</name>
        <lei>549300U24SP4AF2JUX52</lei>
        <title>PHIBRO ANIMAL HEALTH CORP-A COMMON STOCK</title>
        <cusip>71742Q106</cusip>
        <identifiers>
          <isin value="US71742Q1067"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TARGET CORPORATION</name>
        <lei>8WDDFXB5T1Z6J0XC1L66</lei>
        <title>TARGET CORP COMMON STOCK</title>
        <cusip>87612E106</cusip>
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          <isin value="US87612E1064"/>
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        <balance>90600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21901644.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>ORACLE CORPORATION</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORACLE CORP COMMON STOCK</title>
        <cusip>68389X105</cusip>
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          <isin value="US68389X1054"/>
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        <balance>312500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24325000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SITE CENTERS CORP.</name>
        <lei>W2AVA6SODOQ1LCYJQR54</lei>
        <title>SITE CENTERS CORP REIT</title>
        <cusip>82981J109</cusip>
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          <isin value="US82981J1097"/>
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        <balance>8185.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>SERVICE CORPORATION INTERNATIONAL</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>SERVICE CORP INTERNATIONAL COMMON STOCK</title>
        <cusip>817565104</cusip>
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          <isin value="US8175651046"/>
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        <balance>13355.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>715694.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JACK HENRY &amp; ASSOCIATES, INC.</name>
        <lei>529900X1QS8C54W0JB21</lei>
        <title>JACK HENRY &amp; ASSOCIATES INC COMMON STOCK</title>
        <cusip>426281101</cusip>
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          <isin value="US4262811015"/>
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        <balance>4829.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DOCUSIGN, INC.</name>
        <lei>549300Q7PVDWRZ39JG09</lei>
        <title>DOCUSIGN INC COMMON STOCK</title>
        <cusip>256163106</cusip>
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          <isin value="US2561631068"/>
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        <balance>4017.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>APTARGROUP, INC.</name>
        <lei>VNPEQDQFAA7IY1T2PX43</lei>
        <title>APTARGROUP INC COMMON STOCK</title>
        <cusip>038336103</cusip>
        <identifiers>
          <isin value="US0383361039"/>
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        <balance>27257.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3838875.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>JOHN B. SANFILIPPO &amp; SON, INC.</name>
        <lei>5299007IBEYVXKYDUX28</lei>
        <title>JOHN B. SANFILIPPO &amp; SON INC COMMON STOCK</title>
        <cusip>800422107</cusip>
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          <isin value="US8004221078"/>
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        <balance>6781.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>600593.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KELLOGG COMPANY</name>
        <lei>LONOZNOJYIBXOHXWDB86</lei>
        <title>KELLOGG CO COMMON STOCK</title>
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          <isin value="US4878361082"/>
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        <balance>148945.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CANON INC.</name>
        <lei>529900JH1GSC035SSP77</lei>
        <title>CANON INC-SPONS ADR DEPOSITARY RECEIPT</title>
        <cusip>138006309</cusip>
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          <isin value="US1380063099"/>
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        <balance>130800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2960004.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMMVAULT SYSTEMS, INC.</name>
        <lei>65T5VRP62VXG39YFML83</lei>
        <title>COMMVAULT SYSTEMS INC COMMON STOCK</title>
        <cusip>204166102</cusip>
        <identifiers>
          <isin value="US2041661024"/>
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        <balance>6354.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>496692.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CBIZ, INC.</name>
        <lei>529900D5X8CFM8O1N813</lei>
        <title>CBIZ INC COMMON STOCK</title>
        <cusip>124805102</cusip>
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          <isin value="US1248051021"/>
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        <balance>14707.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>481948.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GENERAL MILLS, INC.</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
        <title>GENERAL MILLS INC COMMON STOCK</title>
        <cusip>370334104</cusip>
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          <isin value="US3703341046"/>
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        <balance>164559.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10026579.87000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>U.S. BANCORP</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US BANCORP COMMON STOCK</title>
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          <isin value="US9029733048"/>
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        <balance>96900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5520393.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MILLER INDUSTRIES, INC.</name>
        <lei>549300F1O74SPUJ7UU94</lei>
        <title>MILLER INDUSTRIES INC/TENN COMMON STOCK</title>
        <cusip>600551204</cusip>
        <identifiers>
          <isin value="US6005512040"/>
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        <balance>2075.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>81838.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>DYNEX CAPITAL, INC.</name>
        <lei>5CIJ4S9HAEBWILA19B65</lei>
        <title>DYNEX CAPITAL INC REIT</title>
        <cusip>26817Q886</cusip>
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          <isin value="US26817Q8868"/>
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        <balance>27889.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>520408.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>TYSON FOODS, INC.</name>
        <lei>WD6L6041MNRW1JE49D58</lei>
        <title>TYSON FOODS INC-CL A COMMON STOCK</title>
        <cusip>902494103</cusip>
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          <isin value="US9024941034"/>
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        <balance>121749.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8980206.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>VANDA PHARMACEUTICALS INC.</name>
        <lei>529900AY8VOOQBKJ0O70</lei>
        <title>VANDA PHARMACEUTICALS INC COMMON STOCK</title>
        <cusip>921659108</cusip>
        <identifiers>
          <isin value="US9216591084"/>
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        <balance>14109.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>303484.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>The Bank of New York Mellon Corporation</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>BANK OF NEW YORK MELLON CORP COMMON STOCK</title>
        <cusip>064058100</cusip>
        <identifiers>
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        <balance>198000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>THE KROGER CO.</name>
        <lei>6CPEOKI6OYJ13Q6O7870</lei>
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          <isin value="US5010441013"/>
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        <balance>385556.00000000</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>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RPC, INC.</name>
        <lei>549300ZDXAFBC3SB4918</lei>
        <title>RPC INC COMMON STOCK</title>
        <cusip>749660106</cusip>
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          <isin value="US7496601060"/>
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        <balance>17369.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LANDSTAR SYSTEM, INC.</name>
        <lei>254900CUQXQRL09MEI52</lei>
        <title>LANDSTAR SYSTEM INC COMMON STOCK</title>
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          <isin value="US5150981018"/>
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        <balance>8812.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Qiagen N.V.</name>
        <lei>54930036WK3GMCN17Z57</lei>
        <title>QIAGEN N.V. COMMON STOCK</title>
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          <isin value="NL0012169213"/>
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        <balance>1824.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALAVO GROWERS, INC.</name>
        <lei>N/A</lei>
        <title>CALAVO GROWERS INC COMMON STOCK</title>
        <cusip>128246105</cusip>
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          <isin value="US1282461052"/>
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        <balance>1616.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VEREIT, INC.</name>
        <lei>5493002H54FNIBW75H44</lei>
        <title>VEREIT INC REIT</title>
        <cusip>92339V308</cusip>
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          <isin value="US92339V3087"/>
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        <balance>123647.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Garmin Ltd.</name>
        <lei>2549001E0HIPIJQ0W046</lei>
        <title>GARMIN LTD COMMON STOCK</title>
        <cusip>H2906T109</cusip>
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          <isin value="CH0114405324"/>
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        <balance>14242.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GAMCO INVESTORS, INC.</name>
        <lei>51A2MDO9SJ2HTOSMLZ76</lei>
        <title>GAMCO INVESTORS INC-A COMMON STOCK</title>
        <cusip>361438104</cusip>
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          <isin value="US3614381040"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>HARBORONE BANCORP, INC.</name>
        <lei>549300CNOEY2QUB7F917</lei>
        <title>HARBORONE BANCORP INC COMMON STOCK</title>
        <cusip>41165Y100</cusip>
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          <isin value="US41165Y1001"/>
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        <balance>29632.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>424922.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>EXELON CORPORATION</name>
        <lei>3SOUA6IRML7435B56G12</lei>
        <title>EXELON CORP COMMON STOCK</title>
        <cusip>30161N101</cusip>
        <identifiers>
          <isin value="US30161N1019"/>
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        <balance>61000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2702910.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>ORGANOGENESIS HOLDINGS INC.</name>
        <lei>N/A</lei>
        <title>ORGANOGENESIS HOLDINGS INC COMMON STOCK</title>
        <cusip>68621F102</cusip>
        <identifiers>
          <isin value="US68621F1021"/>
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        <balance>8843.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>SEALED AIR CORPORATION</name>
        <lei>Q0M0CZB4YN6JZ65WXI09</lei>
        <title>SEALED AIR CORP COMMON STOCK</title>
        <cusip>81211K100</cusip>
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          <isin value="US81211K1007"/>
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        <balance>80978.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>H &amp; R BLOCK, INC.</name>
        <lei>549300CE3KUCWLZBG404</lei>
        <title>H&amp;R BLOCK INC COMMON STOCK</title>
        <cusip>093671105</cusip>
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          <isin value="US0936711052"/>
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        <balance>24365.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pure Cycle Corp</name>
        <lei>N/A</lei>
        <title>PURE CYCLE CORP COMMON STOCK</title>
        <cusip>746228303</cusip>
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          <isin value="US7462283034"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Joint Corp</name>
        <lei>N/A</lei>
        <title>JOINT CORP/THE COMMON STOCK</title>
        <cusip>47973J102</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SK TELECOM CO.,LTD</name>
        <lei>9884003WEA1PHW006037</lei>
        <title>SK TELECOM CO LTD-SPON ADR DEPOSITARY RECEIPT</title>
        <cusip>78440P108</cusip>
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          <isin value="US78440P1084"/>
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        <balance>138655.00000000</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>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>DORMAN PRODUCTS, INC.</name>
        <lei>N/A</lei>
        <title>DORMAN PRODUCTS INC COMMON STOCK</title>
        <cusip>258278100</cusip>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Viemed Healthcare Inc</name>
        <lei>254900XU539S8GOIOW89</lei>
        <title>VIEMED HEALTHCARE INC COMMON STOCK</title>
        <cusip>92663R105</cusip>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BERKSHIRE HATHAWAY INC.</name>
        <lei>5493000C01ZX7D35SD85</lei>
        <title>BERKSHIRE HATHAWAY INC-CL B COMMON STOCK</title>
        <cusip>084670702</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>J &amp; J SNACK FOODS CORP.</name>
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        <title>J &amp; J SNACK FOODS CORP COMMON STOCK</title>
        <cusip>466032109</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>LOCKHEED MARTIN CORPORATION</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
        <title>LOCKHEED MARTIN CORP COMMON STOCK</title>
        <cusip>539830109</cusip>
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          <isin value="US5398301094"/>
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        <balance>28071.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SEI LIQUIDITY FUND</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MERCK &amp; CO., INC.</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>MERCK &amp; CO. INC. COMMON STOCK</title>
        <cusip>58933Y105</cusip>
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        <balance>315164.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24510304.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FRESH DEL MONTE PRODUCE INC.</name>
        <lei>529900I72V9F0FEZR228</lei>
        <title>FRESH DEL MONTE PRODUCE INC COMMON STOCK</title>
        <cusip>G36738105</cusip>
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          <isin value="KYG367381053"/>
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        <balance>7591.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249592.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ELECTRONIC ARTS INC.</name>
        <lei>549300O7A67PUEYKDL45</lei>
        <title>ELECTRONIC ARTS INC COMMON STOCK</title>
        <cusip>285512109</cusip>
        <identifiers>
          <isin value="US2855121099"/>
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        <balance>14349.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2063816.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tradeweb Markets Inc</name>
        <lei>N/A</lei>
        <title>TRADEWEB MARKETS INC-CLASS A COMMON STOCK</title>
        <cusip>892672106</cusip>
        <identifiers>
          <isin value="US8926721064"/>
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        <balance>8366.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>707428.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PREMIER, INC.</name>
        <lei>N/A</lei>
        <title>PREMIER INC-CLASS A COMMON STOCK</title>
        <cusip>74051N102</cusip>
        <identifiers>
          <isin value="US74051N1028"/>
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        <balance>71465.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2486267.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAFETY INSURANCE GROUP, INC.</name>
        <lei>254900LDCFLA3J746840</lei>
        <title>SAFETY INSURANCE GROUP INC COMMON STOCK</title>
        <cusip>78648T100</cusip>
        <identifiers>
          <isin value="US78648T1007"/>
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        <balance>4713.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368933.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BROOKFIELD PROPERTY REIT INC.</name>
        <lei>549300K1JD1LDRNBET48</lei>
        <title>BROOKFIELD PROPERTY REIT I-A REIT</title>
        <cusip>11282X103</cusip>
        <identifiers>
          <isin value="US11282X1037"/>
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        <balance>10528.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>198873.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CACI INTERNATIONAL INC.</name>
        <lei>SYRPI2D1O9WRTS2WX210</lei>
        <title>CACI INTERNATIONAL INC -CL A COMMON STOCK</title>
        <cusip>127190304</cusip>
        <identifiers>
          <isin value="US1271903049"/>
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        <balance>17162.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4378369.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MERCURY GENERAL CORPORATION</name>
        <lei>5493001Q9EXPCEL4W527</lei>
        <title>MERCURY GENERAL CORP COMMON STOCK</title>
        <cusip>589400100</cusip>
        <identifiers>
          <isin value="US5894001008"/>
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        <balance>14266.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>926576.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>QAD INC.</name>
        <lei>N/A</lei>
        <title>QAD INC-A COMMON STOCK</title>
        <cusip>74727D306</cusip>
        <identifiers>
          <isin value="US74727D3061"/>
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        <balance>6131.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>533519.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENTERGY CORPORATION</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>ENTERGY CORP COMMON STOCK</title>
        <cusip>29364G103</cusip>
        <identifiers>
          <isin value="US29364G1031"/>
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        <balance>66100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6590170.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Winmark Corporation</name>
        <lei>N/A</lei>
        <title>WINMARK CORP COMMON STOCK</title>
        <cusip>974250102</cusip>
        <identifiers>
          <isin value="US9742501029"/>
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        <balance>503.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>96616.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HONDA MOTOR CO., LTD.</name>
        <lei>549300P7ZYCQJ36CCS16</lei>
        <title>HONDA MOTOR CO LTD-SPONS ADR DEPOSITARY RECEIPT</title>
        <cusip>438128308</cusip>
        <identifiers>
          <isin value="US4381283088"/>
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        <balance>145242.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4673887.56000000</valUSD>
        <pctVal>0.468686238481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THE HARTFORD FINANCIAL SERVICES GROUP, INC.</name>
        <lei>IU7C3FTM7Y3BQM112U94</lei>
        <title>HARTFORD FINANCIAL SVCS GRP COMMON STOCK</title>
        <cusip>416515104</cusip>
        <identifiers>
          <isin value="US4165151048"/>
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        <balance>69100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4282127.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>C.H. ROBINSON WORLDWIDE, INC.</name>
        <lei>529900WNWN5L0OVDHA79</lei>
        <title>C.H. ROBINSON WORLDWIDE INC COMMON STOCK</title>
        <cusip>12541W209</cusip>
        <identifiers>
          <isin value="US12541W2098"/>
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        <balance>47342.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4434525.14000000</valUSD>
        <pctVal>0.444683548895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LEMAITRE VASCULAR, INC.</name>
        <lei>549300FZUBUB7MHY8R17</lei>
        <title>LEMAITRE VASCULAR INC COMMON STOCK</title>
        <cusip>525558201</cusip>
        <identifiers>
          <isin value="US5255582018"/>
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        <balance>1350.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>82377.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CIGNA CORPORATION</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>CIGNA CORP COMMON STOCK</title>
        <cusip>125523100</cusip>
        <identifiers>
          <isin value="US1255231003"/>
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        <balance>1426.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>338061.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PAPA JOHN'S INTERNATIONAL, INC.</name>
        <lei>HZYLD3DK5XOX0WBVNB56</lei>
        <title>PAPA JOHN'S INTL INC COMMON STOCK</title>
        <cusip>698813102</cusip>
        <identifiers>
          <isin value="US6988131024"/>
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        <balance>3306.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>345278.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CARRIER GLOBAL CORPORATION</name>
        <lei>549300JE3W6CWY2NAN77</lei>
        <title>CARRIER GLOBAL CORP COMMON STOCK</title>
        <cusip>14448C104</cusip>
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          <isin value="US14448C1045"/>
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        <balance>66500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3231900.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>BRANDYWINE REALTY TRUST</name>
        <lei>5UZ46ZCYUFYYAC0DS831</lei>
        <title>BRANDYWINE REALTY TRUST REIT</title>
        <cusip>105368203</cusip>
        <identifiers>
          <isin value="US1053682035"/>
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        <balance>248750.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3410362.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>HOULIHAN LOKEY, INC.</name>
        <lei>549300S3CNGTQ1QZVY46</lei>
        <title>HOULIHAN LOKEY INC COMMON STOCK</title>
        <cusip>441593100</cusip>
        <identifiers>
          <isin value="US4415931009"/>
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        <balance>5512.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>450826.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>PATTERSON COMPANIES, INC.</name>
        <lei>YM48Q2087CUE26GWEK09</lei>
        <title>PATTERSON COS INC COMMON STOCK</title>
        <cusip>703395103</cusip>
        <identifiers>
          <isin value="US7033951036"/>
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        <balance>11173.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>339547.47000000</valUSD>
        <pctVal>0.034049006198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN NATIONAL GROUP, INC.</name>
        <lei>549300I1RRC5M591MY93</lei>
        <title>AMERICAN NATIONAL GROUP INC COMMON STOCK</title>
        <cusip>02772A109</cusip>
        <identifiers>
          <isin value="US02772A1097"/>
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        <balance>2079.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>308835.45000000</valUSD>
        <pctVal>0.030969278467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TERMINIX GLOBAL HOLDINGS, INC.</name>
        <lei>549300GS10644JGL8R77</lei>
        <title>TERMINIX GLOBAL HOLDINGS INC COMMON STOCK</title>
        <cusip>88087E100</cusip>
        <identifiers>
          <isin value="US88087E1001"/>
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        <balance>29528.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1408780.88000000</valUSD>
        <pctVal>0.141269168976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>L3HARRIS TECHNOLOGIES, INC.</name>
        <lei>549300UTE50ZMDBG8A20</lei>
        <title>L3HARRIS TECHNOLOGIES INC COMMON STOCK</title>
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          <isin value="US5024311095"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>A10 NETWORKS, INC.</name>
        <lei>549300UQD4IWUML81Q35</lei>
        <title>A10 NETWORKS INC COMMON STOCK</title>
        <cusip>002121101</cusip>
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          <isin value="US0021211018"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CVS HEALTH CORPORATION</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP COMMON STOCK</title>
        <cusip>126650100</cusip>
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          <isin value="US1266501006"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BERRY GLOBAL GROUP, INC.</name>
        <lei>549300G6KKUMMXM8NH73</lei>
        <title>BERRY GLOBAL GROUP INC COMMON STOCK</title>
        <cusip>08579W103</cusip>
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          <isin value="US08579W1036"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSG SYSTEMS INTERNATIONAL, INC.</name>
        <lei>549300D7FJZUOHHXUA81</lei>
        <title>CSG SYSTEMS INTL INC COMMON STOCK</title>
        <cusip>126349109</cusip>
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          <isin value="US1263491094"/>
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        <balance>7719.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>SAFEGUARD SCIENTIFICS, INC.</name>
        <lei>529900EX0PJO7T5RU995</lei>
        <title>SAFEGUARD SCIENTIFICS INC COMMON STOCK</title>
        <cusip>786449207</cusip>
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          <isin value="US7864492076"/>
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        <balance>6077.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>47157.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Northrop Grumman Corporation</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>NORTHROP GRUMMAN CORP COMMON STOCK</title>
        <cusip>666807102</cusip>
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          <isin value="US6668071029"/>
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        <balance>44891.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>ALLISON TRANSMISSION HOLDINGS, INC.</name>
        <lei>529900RP7DJ882LI9T83</lei>
        <title>ALLISON TRANSMISSION HOLDING COMMON STOCK</title>
        <cusip>01973R101</cusip>
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          <isin value="US01973R1014"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>WASTE MANAGEMENT, INC.</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>WASTE MANAGEMENT INC COMMON STOCK</title>
        <cusip>94106L109</cusip>
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          <isin value="US94106L1098"/>
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        <balance>26200.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NORTHWEST NATURAL HOLDING COMPANY</name>
        <lei>N/A</lei>
        <title>NORTHWEST NATURAL HOLDING CO COMMON STOCK</title>
        <cusip>66765N105</cusip>
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          <isin value="US66765N1054"/>
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        <balance>1485.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77992.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SHARPS COMPLIANCE CORP.</name>
        <lei>N/A</lei>
        <title>SHARPS COMPLIANCE CORP COMMON STOCK</title>
        <cusip>820017101</cusip>
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          <isin value="US8200171010"/>
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        <balance>15974.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>164532.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CASEY'S GENERAL STORES, INC.</name>
        <lei>549300CAFWSI86V66Q65</lei>
        <title>CASEY'S GENERAL STORES INC COMMON STOCK</title>
        <cusip>147528103</cusip>
        <identifiers>
          <isin value="US1475281036"/>
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        <balance>3886.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>756371.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NIKE, INC.</name>
        <lei>787RXPR0UX0O0XUXPZ81</lei>
        <title>NIKE INC -CL B COMMON STOCK</title>
        <cusip>654106103</cusip>
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          <isin value="US6541061031"/>
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        <balance>29591.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4571513.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AZZ INC.</name>
        <lei>549300HD1X2NFLWPYC83</lei>
        <title>AZZ INC COMMON STOCK</title>
        <cusip>002474104</cusip>
        <identifiers>
          <isin value="US0024741045"/>
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        <balance>6861.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>355262.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WALMART INC.</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>WALMART INC COMMON STOCK</title>
        <cusip>931142103</cusip>
        <identifiers>
          <isin value="US9311421039"/>
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        <balance>23156.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3265459.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KINDER MORGAN, INC.</name>
        <lei>549300WR7IX8XE0TBO16</lei>
        <title>KINDER MORGAN INC COMMON STOCK</title>
        <cusip>49456B101</cusip>
        <identifiers>
          <isin value="US49456B1017"/>
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        <balance>317300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5784379.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>HOSTESS BRANDS, INC.</name>
        <lei>N/A</lei>
        <title>HOSTESS BRANDS INC COMMON STOCK</title>
        <cusip>44109J106</cusip>
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          <isin value="US44109J1060"/>
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        <balance>33225.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>537912.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EVEREST RE GROUP, LTD.</name>
        <lei>549300N24XF2VV0B3570</lei>
        <title>EVEREST RE GROUP LTD COMMON STOCK</title>
        <cusip>G3223R108</cusip>
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          <isin value="BMG3223R1088"/>
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        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>InterDigital, Inc.</name>
        <lei>529900HQAUTC3VI47G64</lei>
        <title>INTERDIGITAL INC COMMON STOCK</title>
        <cusip>45867G101</cusip>
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          <isin value="US45867G1013"/>
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        <balance>649.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47396.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WEST PHARMACEUTICAL SERVICES, INC.</name>
        <lei>5493007NKRGM1RJQ1P16</lei>
        <title>WEST PHARMACEUTICAL SERVICES COMMON STOCK</title>
        <cusip>955306105</cusip>
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        <balance>7083.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2543505.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOOTSIE ROLL INDUSTRIES, INC.</name>
        <lei>529900SBKOV9XX4M4Q35</lei>
        <title>TOOTSIE ROLL INDS COMMON STOCK</title>
        <cusip>890516107</cusip>
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        <balance>6401.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217057.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARGO GROUP INTERNATIONAL HOLDINGS, LTD.</name>
        <lei>549300M4T8Y5TTWI6O03</lei>
        <title>ARGO GROUP INTERNATIONAL COMMON STOCK</title>
        <cusip>G0464B107</cusip>
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          <isin value="BMG0464B1072"/>
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        <balance>7906.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>409767.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOYOTA MOTOR CORPORATION</name>
        <lei>5493006W3QUS5LMH6R84</lei>
        <title>TOYOTA MOTOR CORP -SPON ADR DEPOSITARY RECEIPT</title>
        <cusip>892331307</cusip>
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          <isin value="US8923313071"/>
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        <balance>47464.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8298605.76000000</valUSD>
        <pctVal>0.832164289013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MFA FINANCIAL, INC.</name>
        <lei>YW72IMH2RRC8Z1TGLG58</lei>
        <title>MFA FINANCIAL INC REIT</title>
        <cusip>55272X102</cusip>
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        <balance>33225.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>152502.75000000</valUSD>
        <pctVal>0.015292610131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRESTIGE CONSUMER HEALTHCARE INC.</name>
        <lei>N/A</lei>
        <title>PRESTIGE CONSUMER HEALTHCARE COMMON STOCK</title>
        <cusip>74112D101</cusip>
        <identifiers>
          <isin value="US74112D1019"/>
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        <balance>8821.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>459574.10000000</valUSD>
        <pctVal>0.046084988880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XBiotech Inc</name>
        <lei>5299002WACAY28TQAS52</lei>
        <title>XBIOTECH INC COMMON STOCK</title>
        <cusip>98400H102</cusip>
        <identifiers>
          <isin value="CA98400H1029"/>
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        <balance>10257.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>169855.92000000</valUSD>
        <pctVal>0.017032744413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J2 GLOBAL, INC.</name>
        <lei>5493008OJYGLHD7MXA18</lei>
        <title>J2 GLOBAL INC COMMON STOCK</title>
        <cusip>48123V102</cusip>
        <identifiers>
          <isin value="US48123V1026"/>
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        <balance>34600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4759230.00000000</valUSD>
        <pctVal>0.477244173749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE RMR GROUP INC.</name>
        <lei>549300JP4L34E48UJM16</lei>
        <title>RMR GROUP INC/THE - A COMMON STOCK</title>
        <cusip>74967R106</cusip>
        <identifiers>
          <isin value="US74967R1068"/>
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        <balance>4139.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>159930.96000000</valUSD>
        <pctVal>0.016037493220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE KRAFT HEINZ COMPANY</name>
        <lei>N/A</lei>
        <title>KRAFT HEINZ CO/THE COMMON STOCK</title>
        <cusip>500754106</cusip>
        <identifiers>
          <isin value="US5007541064"/>
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        <balance>219400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8947132.00000000</valUSD>
        <pctVal>0.897196945465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PFIZER INC.</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>PFIZER INC COMMON STOCK</title>
        <cusip>717081103</cusip>
        <identifiers>
          <isin value="US7170811035"/>
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        <balance>467539.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18308827.24000000</valUSD>
        <pctVal>1.835965298687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE WESTERN UNION COMPANY</name>
        <lei>28ID94QU1140NC23S047</lei>
        <title>WESTERN UNION CO COMMON STOCK</title>
        <cusip>959802109</cusip>
        <identifiers>
          <isin value="US9598021098"/>
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        <balance>528830.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12147225.10000000</valUSD>
        <pctVal>1.218094609043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AT&amp;T INC.</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T INC COMMON STOCK</title>
        <cusip>00206R102</cusip>
        <identifiers>
          <isin value="US00206R1023"/>
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        <balance>297600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8564928.00000000</valUSD>
        <pctVal>0.858870444711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TERRENO REALTY CORPORATION</name>
        <lei>N/A</lei>
        <title>TERRENO REALTY CORP REIT</title>
        <cusip>88146M101</cusip>
        <identifiers>
          <isin value="US88146M1018"/>
        </identifiers>
        <balance>8751.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>564614.52000000</valUSD>
        <pctVal>0.056618190355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EXTRA SPACE STORAGE INC.</name>
        <lei>N/A</lei>
        <title>EXTRA SPACE STORAGE INC REIT</title>
        <cusip>30225T102</cusip>
        <identifiers>
          <isin value="US30225T1025"/>
        </identifiers>
        <balance>12467.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2042343.94000000</valUSD>
        <pctVal>0.204801353613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELLRING BRANDS, INC.</name>
        <lei>5493001E28R2L3L44631</lei>
        <title>BELLRING BRANDS INC-CLASS A COMMON STOCK</title>
        <cusip>079823100</cusip>
        <identifiers>
          <isin value="US0798231009"/>
        </identifiers>
        <balance>15618.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>489468.12000000</valUSD>
        <pctVal>0.049082689532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WERNER ENTERPRISES, INC.</name>
        <lei>549300P6XRGOCHHJST37</lei>
        <title>WERNER ENTERPRISES INC COMMON STOCK</title>
        <cusip>950755108</cusip>
        <identifiers>
          <isin value="US9507551086"/>
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        <balance>9053.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>403039.56000000</valUSD>
        <pctVal>0.040415840755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LINDSAY CORPORATION</name>
        <lei>549300ZFO0QG5H8TPI61</lei>
        <title>LINDSAY CORP COMMON STOCK</title>
        <cusip>535555106</cusip>
        <identifiers>
          <isin value="US5355551061"/>
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        <balance>320.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>52889.60000000</valUSD>
        <pctVal>0.005303642280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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 COMMON STOCK</title>
        <cusip>577933104</cusip>
        <identifiers>
          <isin value="US5779331041"/>
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        <balance>5235.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>460522.95000000</valUSD>
        <pctVal>0.046180137283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NOVAGOLD RESOURCES INC.</name>
        <lei>529900587LVZTJ2BHS60</lei>
        <title>NOVAGOLD RESOURCES INC COMMON STOCK</title>
        <cusip>66987E206</cusip>
        <identifiers>
          <isin value="CA66987E2069"/>
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        <balance>27096.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>217038.96000000</valUSD>
        <pctVal>0.021764146539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WEIS MARKETS, INC.</name>
        <lei>N/A</lei>
        <title>WEIS MARKETS INC COMMON STOCK</title>
        <cusip>948849104</cusip>
        <identifiers>
          <isin value="US9488491047"/>
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        <balance>8441.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>436062.06000000</valUSD>
        <pctVal>0.043727257881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HORMEL FOODS CORPORATION</name>
        <lei>MSD54751OJP1FS2ND863</lei>
        <title>HORMEL FOODS CORP COMMON STOCK</title>
        <cusip>440452100</cusip>
        <identifiers>
          <isin value="US4404521001"/>
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        <balance>55337.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2642341.75000000</valUSD>
        <pctVal>0.264967695455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GENTEX CORPORATION</name>
        <lei>549300S3UD8XV1MN0287</lei>
        <title>GENTEX CORP COMMON STOCK</title>
        <cusip>371901109</cusip>
        <identifiers>
          <isin value="US3719011096"/>
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        <balance>40432.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1337894.88000000</valUSD>
        <pctVal>0.134160890851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMPHASTAR PHARMACEUTICALS INC</name>
        <lei>54930055TH0ZLSAQMJ38</lei>
        <title>AMPHASTAR PHARMACEUTICALS IN COMMON STOCK</title>
        <cusip>03209R103</cusip>
        <identifiers>
          <isin value="US03209R1032"/>
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        <balance>18543.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>373826.88000000</valUSD>
        <pctVal>0.037486463245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JOHNSON &amp; JOHNSON</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>JOHNSON &amp; JOHNSON COMMON STOCK</title>
        <cusip>478160104</cusip>
        <identifiers>
          <isin value="US4781601046"/>
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        <balance>119618.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19705869.32000000</valUSD>
        <pctVal>1.976057328945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC COMMON STOCK</title>
        <cusip>92343V104</cusip>
        <identifiers>
          <isin value="US92343V1044"/>
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        <balance>393736.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22061028.08000000</valUSD>
        <pctVal>2.212227002708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROLLINS, INC.</name>
        <lei>549300F2A0BXT4SGWD84</lei>
        <title>ROLLINS INC COMMON STOCK</title>
        <cusip>775711104</cusip>
        <identifiers>
          <isin value="US7757111049"/>
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        <balance>46940.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1605348.00000000</valUSD>
        <pctVal>0.160980448484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN STATES WATER COMPANY</name>
        <lei>529900L26LIS2V8PWM23</lei>
        <title>AMERICAN STATES WATER CO COMMON STOCK</title>
        <cusip>029899101</cusip>
        <identifiers>
          <isin value="US0298991011"/>
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        <balance>1765.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>140423.40000000</valUSD>
        <pctVal>0.014081321875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BROADRIDGE FINANCIAL SOLUTIONS, INC.</name>
        <lei>549300KZDJZQ2YIHRC28</lei>
        <title>BROADRIDGE FINANCIAL SOLUTIO COMMON STOCK</title>
        <cusip>11133T103</cusip>
        <identifiers>
          <isin value="US11133T1034"/>
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        <balance>12427.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2007333.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMCAST CORPORATION</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>COMCAST CORP-CLASS A COMMON STOCK</title>
        <cusip>20030N101</cusip>
        <identifiers>
          <isin value="US20030N1019"/>
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        <balance>240900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13736118.00000000</valUSD>
        <pctVal>1.377424979552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WD-40 COMPANY</name>
        <lei>549300UZHTN0CNKBOB19</lei>
        <title>WD-40 CO COMMON STOCK</title>
        <cusip>929236107</cusip>
        <identifiers>
          <isin value="US9292361071"/>
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        <balance>1114.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>285507.06000000</valUSD>
        <pctVal>0.028629963449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RETAIL PROPERTIES OF AMERICA, INC.</name>
        <lei>549300OVTYLM7DH6CM14</lei>
        <title>RETAIL PROPERTIES OF AME - A REIT</title>
        <cusip>76131V202</cusip>
        <identifiers>
          <isin value="US76131V2025"/>
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        <balance>7831.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>89664.95000000</valUSD>
        <pctVal>0.008991386206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CDK GLOBAL, INC.</name>
        <lei>5493000L10CYRTHIJ385</lei>
        <title>CDK GLOBAL INC COMMON STOCK</title>
        <cusip>12508E101</cusip>
        <identifiers>
          <isin value="US12508E1010"/>
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        <balance>17563.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>872705.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Open Text Corporation</name>
        <lei>549300HP7ONDQODZJV16</lei>
        <title>OPEN TEXT CORP COMMON STOCK</title>
        <cusip>683715106</cusip>
        <identifiers>
          <isin value="CA6837151068"/>
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        <balance>57000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.23830000"/>
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        <pctVal>0.290568585402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HEALTHSTREAM, INC.</name>
        <lei>529900OJ88H8635JNH64</lei>
        <title>HEALTHSTREAM INC COMMON STOCK</title>
        <cusip>42222N103</cusip>
        <identifiers>
          <isin value="US42222N1037"/>
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        <balance>7683.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>214663.02000000</valUSD>
        <pctVal>0.021525892973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GENERAL DYNAMICS CORPORATION</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
        <title>GENERAL DYNAMICS CORP COMMON STOCK</title>
        <cusip>369550108</cusip>
        <identifiers>
          <isin value="US3695501086"/>
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        <balance>43202.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8133208.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INTEL CORPORATION</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>INTEL CORP COMMON STOCK</title>
        <cusip>458140100</cusip>
        <identifiers>
          <isin value="US4581401001"/>
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        <balance>339000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19031460.00000000</valUSD>
        <pctVal>1.908429179288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AFLAC INCORPORATED</name>
        <lei>549300N0B7DOGLXWPP39</lei>
        <title>AFLAC INC COMMON STOCK</title>
        <cusip>001055102</cusip>
        <identifiers>
          <isin value="US0010551028"/>
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        <balance>221967.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11910749.22000000</valUSD>
        <pctVal>1.194381374767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EXPONENT, INC.</name>
        <lei>529900NY3F5Q2NWPUZ42</lei>
        <title>EXPONENT INC COMMON STOCK</title>
        <cusip>30214U102</cusip>
        <identifiers>
          <isin value="US30214U1025"/>
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        <balance>2679.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>238993.59000000</valUSD>
        <pctVal>0.023965704198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AGREE REALTY CORPORATION</name>
        <lei>N/A</lei>
        <title>AGREE REALTY CORP REIT</title>
        <cusip>008492100</cusip>
        <identifiers>
          <isin value="US0084921008"/>
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        <balance>6247.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>440351.03000000</valUSD>
        <pctVal>0.044157345510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MURPHY USA INC.</name>
        <lei>549300Y081F8XIKQIO72</lei>
        <title>MURPHY USA INC COMMON STOCK</title>
        <cusip>626755102</cusip>
        <identifiers>
          <isin value="US6267551025"/>
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        <balance>4291.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>572290.67000000</valUSD>
        <pctVal>0.057387936273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ACTIVISION BLIZZARD, INC.</name>
        <lei>549300TPQQDBP9GNOF40</lei>
        <title>ACTIVISION BLIZZARD INC COMMON STOCK</title>
        <cusip>00507V109</cusip>
        <identifiers>
          <isin value="US00507V1098"/>
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        <balance>20099.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1918248.56000000</valUSD>
        <pctVal>0.192357366435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SEI Daily Income Trust: Government Fund; Class F Shares</name>
        <lei>N/A</lei>
        <title>SEI DAILY INCOME TRUST GOVERNMENT FUND (#36)</title>
        <cusip>783965593</cusip>
        <identifiers>
          <isin value="US7839655930"/>
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        <balance>23143727.41000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23143727.41000000</valUSD>
        <pctVal>2.320797495659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Natural Grocers By Vitamin Cottage Inc</name>
        <lei>529900P4OTXDGBUS3O87</lei>
        <title>NATURAL GROCERS BY VITAMIN C COMMON STOCK</title>
        <cusip>63888U108</cusip>
        <identifiers>
          <isin value="US63888U1088"/>
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        <balance>18579.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>199538.46000000</valUSD>
        <pctVal>0.020009238358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REDWOOD TRUST, INC.</name>
        <lei>DRBV4N1ERQLEMIF11G78</lei>
        <title>REDWOOD TRUST INC REIT</title>
        <cusip>758075402</cusip>
        <identifiers>
          <isin value="US7580754023"/>
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        <balance>25489.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>307652.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AUTOZONE, INC.</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AUTOZONE INC COMMON STOCK</title>
        <cusip>053332102</cusip>
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          <isin value="US0533321024"/>
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        <balance>3300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4924326.00000000</valUSD>
        <pctVal>0.493799604797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lions Gate Entertainment Corp.</name>
        <lei>5493000JSMHPHZURLM72</lei>
        <title>LIONS GATE ENTERTAINMENT-B COMMON STOCK</title>
        <cusip>535919500</cusip>
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          <isin value="CA5359195008"/>
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        <balance>23764.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>434881.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ORTHOFIX MEDICAL INC.</name>
        <lei>N/A</lei>
        <title>ORTHOFIX MEDICAL INC COMMON STOCK</title>
        <cusip>68752M108</cusip>
        <identifiers>
          <isin value="US68752M1080"/>
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        <balance>854.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34253.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>CAMPBELL SOUP COMPANY</name>
        <lei>5493007JDSMX8Z5Z1902</lei>
        <title>CAMPBELL SOUP CO COMMON STOCK</title>
        <cusip>134429109</cusip>
        <identifiers>
          <isin value="US1344291091"/>
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        <balance>46746.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2131150.14000000</valUSD>
        <pctVal>0.213706626429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>ALTRIA GROUP INC COMMON STOCK</title>
        <cusip>02209S103</cusip>
        <identifiers>
          <isin value="US02209S1033"/>
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        <balance>92900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4429472.00000000</valUSD>
        <pctVal>0.444176832131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NORTONLIFELOCK INC.</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>NORTONLIFELOCK INC COMMON STOCK</title>
        <cusip>668771108</cusip>
        <identifiers>
          <isin value="US6687711084"/>
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        <balance>100703.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2741135.66000000</valUSD>
        <pctVal>0.274874511883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC SERVICES, INC.</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>REPUBLIC SERVICES INC COMMON STOCK</title>
        <cusip>760759100</cusip>
        <identifiers>
          <isin value="US7607591002"/>
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        <balance>31300.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BORGWARNER INC.</name>
        <lei>549300DSFX2IE88NSX47</lei>
        <title>BORGWARNER INC COMMON STOCK</title>
        <cusip>099724106</cusip>
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          <isin value="US0997241064"/>
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        <balance>46299.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2247353.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>S&amp;P500 EMINI FUT  SEP21 PHYSICAL INDEX FUTURE.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPU1"/>
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        <balance>69.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>14795670.00000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>J.P. MORGAN SECURITIES</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Future Sep 2021</indexName>
                <indexIdentifier>N/A</indexIdentifier>
                <narrativeDesc>N/A</narrativeDesc>
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            <expDate>2021-09-20</expDate>
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            <unrealizedAppr>66944.66000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ooma Inc</name>
        <lei>N/A</lei>
        <title>OOMA INC COMMON STOCK</title>
        <cusip>683416101</cusip>
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          <isin value="US6834161019"/>
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        <balance>7412.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>139790.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ABBVIE INC.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>ABBVIE INC COMMON STOCK</title>
        <cusip>00287Y109</cusip>
        <identifiers>
          <isin value="US00287Y1091"/>
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        <balance>118389.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13335336.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>YUM CHINA HOLDINGS, INC.</name>
        <lei>529900DO9BYZ7VA3K502</lei>
        <title>YUM CHINA HOLDINGS INC COMMON STOCK</title>
        <cusip>98850P109</cusip>
        <identifiers>
          <isin value="US98850P1093"/>
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        <balance>50872.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3370270.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>
      <invstOrSec>
        <name>STEWART INFORMATION SERVICES CORPORATION</name>
        <lei>529900TV1XI0PLKENU10</lei>
        <title>STEWART INFORMATION SERVICES COMMON STOCK</title>
        <cusip>860372101</cusip>
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          <isin value="US8603721015"/>
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        <balance>6097.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>345638.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>CADIZ INC.</name>
        <lei>549300PFFIS1TCKZS151</lei>
        <title>CADIZ INC COMMON STOCK</title>
        <cusip>127537207</cusip>
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          <isin value="US1275372076"/>
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        <balance>21123.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>287272.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THE PROCTER &amp; GAMBLE COMPANY</name>
        <lei>2572IBTT8CCZW6AU4141</lei>
        <title>PROCTER &amp; GAMBLE CO/THE COMMON STOCK</title>
        <cusip>742718109</cusip>
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          <isin value="US7427181091"/>
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        <balance>6181.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SANOFI SA</name>
        <lei>549300E9PC51EN656011</lei>
        <title>SANOFI-ADR DEPOSITARY RECEIPT</title>
        <cusip>80105N105</cusip>
        <identifiers>
          <isin value="US80105N1054"/>
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        <balance>57200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3012152.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MVB FINANCIAL CORP.</name>
        <lei>549300KSUQ2FUU1X2O74</lei>
        <title>MVB FINANCIAL CORP COMMON STOCK</title>
        <cusip>553810102</cusip>
        <identifiers>
          <isin value="US5538101024"/>
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        <balance>2615.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>111555.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EXPEDITORS INTERNATIONAL OF WASHINGTON, INC</name>
        <lei>984500B055A804AB6E40</lei>
        <title>EXPEDITORS INTL WASH INC COMMON STOCK</title>
        <cusip>302130109</cusip>
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          <isin value="US3021301094"/>
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        <balance>40817.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5167432.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>LES COMPAGNIES LOBLAW LIMITEE</name>
        <lei>5493008LN3O1DIDTSH67</lei>
        <title>LOBLAW COMPANIES LTD COMMON STOCK</title>
        <cusip>539481101</cusip>
        <identifiers>
          <isin value="CA5394811015"/>
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        <balance>70000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.23830000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MEDIFAST, INC.</name>
        <lei>5299000YHQJ21T5KKI80</lei>
        <title>MEDIFAST INC COMMON STOCK</title>
        <cusip>58470H101</cusip>
        <identifiers>
          <isin value="US58470H1014"/>
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        <balance>1044.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>295431.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>MICROSOFT CORPORATION</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>MICROSOFT CORP COMMON STOCK</title>
        <cusip>594918104</cusip>
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          <isin value="US5949181045"/>
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        <balance>11455.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3103159.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INFUSYSTEM HOLDINGS, INC.</name>
        <lei>549300F58N8PHJ4QUI59</lei>
        <title>INFUSYSTEM HOLDINGS INC COMMON STOCK</title>
        <cusip>45685K102</cusip>
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          <isin value="US45685K1025"/>
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        <balance>2116.00000000</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>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CERNER CORPORATION</name>
        <lei>549300L4UJ40IEVVI304</lei>
        <title>CERNER CORP COMMON STOCK</title>
        <cusip>156782104</cusip>
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          <isin value="US1567821046"/>
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        <balance>64130.00000000</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>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC STORAGE</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>PUBLIC STORAGE REIT</title>
        <cusip>74460D109</cusip>
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        <balance>17670.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OMNICELL, INC.</name>
        <lei>5493008RH0GTKHHPZI77</lei>
        <title>OMNICELL INC COMMON STOCK</title>
        <cusip>68213N109</cusip>
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          <isin value="US68213N1090"/>
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        <balance>3559.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THE SHERWIN-WILLIAMS COMPANY</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
        <title>SHERWIN-WILLIAMS CO/THE COMMON STOCK</title>
        <cusip>824348106</cusip>
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          <isin value="US8243481061"/>
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        <balance>17294.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4711750.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SEABOARD CORPORATION</name>
        <lei>87Q3KOXT29OW9W9YPT70</lei>
        <title>SEABOARD CORP COMMON STOCK</title>
        <cusip>811543107</cusip>
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        <balance>64.00000000</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>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mondelez International, Inc.</name>
        <lei>549300DV9GIB88LZ5P30</lei>
        <title>MONDELEZ INTERNATIONAL INC-A COMMON STOCK</title>
        <cusip>609207105</cusip>
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        <balance>59782.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3732788.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>SCHOLASTIC CORPORATION</name>
        <lei>N/A</lei>
        <title>SCHOLASTIC CORP COMMON STOCK</title>
        <cusip>807066105</cusip>
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        <balance>9367.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>354915.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRICESMART, INC.</name>
        <lei>549300JVYOSTGVSDZS46</lei>
        <title>PRICESMART INC COMMON STOCK</title>
        <cusip>741511109</cusip>
        <identifiers>
          <isin value="US7415111092"/>
        </identifiers>
        <balance>5602.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>509838.02000000</valUSD>
        <pctVal>0.051125334266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANIKA THERAPEUTICS, INC.</name>
        <lei>N/A</lei>
        <title>ANIKA THERAPEUTICS INC COMMON STOCK</title>
        <cusip>035255108</cusip>
        <identifiers>
          <isin value="US0352551081"/>
        </identifiers>
        <balance>1498.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64848.42000000</valUSD>
        <pctVal>0.006502844078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JUNIPER NETWORKS, INC.</name>
        <lei>AUHIXNGG7U2U7JEHM527</lei>
        <title>JUNIPER NETWORKS INC COMMON STOCK</title>
        <cusip>48203R104</cusip>
        <identifiers>
          <isin value="US48203R1041"/>
        </identifiers>
        <balance>284966.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7793820.10000000</valUSD>
        <pctVal>0.781545593294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONAGRA BRANDS, INC.</name>
        <lei>54930035UDEIH090K650</lei>
        <title>CONAGRA BRANDS INC COMMON STOCK</title>
        <cusip>205887102</cusip>
        <identifiers>
          <isin value="US2058871029"/>
        </identifiers>
        <balance>287811.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10470564.18000000</valUSD>
        <pctVal>1.049963071920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>2021-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>SEI INSTITUTIONAL MANAGED TRUST</ncom:nameOfApplicant>
      <ncom:signature>Peter Rodriguez</ncom:signature>
      <ncom:signerName>Peter Rodriguez</ncom:signerName>
      <ncom:title>CFO</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
