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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Asbury Automotive Group Inc</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>ASBURY AUTOMOTIVE GROUP INC</title>
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          <isin value="US0434361046"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ascendis Pharma A/S</name>
        <lei>549300B66JN3W3J8GH73</lei>
        <title>ASCENDIS PHARMA A/S</title>
        <cusip>04351P101</cusip>
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          <isin value="US04351P1012"/>
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        <balance>264500.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AssetMark Financial Holdings Inc</name>
        <lei>5493001K4EDHT2T6W812</lei>
        <title>ASSETMARK FINANCIAL HOLDINGS INC</title>
        <cusip>04546L106</cusip>
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          <isin value="US04546L1061"/>
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        <balance>973184.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Atrion Corp</name>
        <lei>N/A</lei>
        <title>ATRION CORP</title>
        <cusip>049904105</cusip>
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          <isin value="US0499041053"/>
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        <balance>71117.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Avanos Medical Inc</name>
        <lei>549300YCXWOM7NEWMQ58</lei>
        <title>AVANOS MEDICAL INC</title>
        <cusip>05350V106</cusip>
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          <isin value="US05350V1061"/>
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        <balance>1141100.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25594873.000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRP Group Inc</name>
        <lei>N/A</lei>
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        <cusip>05589G102</cusip>
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          <isin value="US05589G1022"/>
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        <balance>315826.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BankUnited Inc</name>
        <lei>96OVUWEW5D4YX6PFXD91</lei>
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          <isin value="US06652K1034"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Beacon Roofing Supply Inc</name>
        <lei>549300HDXQWWCBOYXP31</lei>
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          <isin value="US0736851090"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BJ s Restaurants Inc</name>
        <lei>5299000EOW66I1OJNQ23</lei>
        <title>BJ'S RESTAURANTS INC</title>
        <cusip>09180C106</cusip>
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          <isin value="US09180C1062"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Black Diamond Therapeutics Inc</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Blue Foundry Bancorp</name>
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          <isin value="US09549B1044"/>
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        <balance>891652.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Blueprint Medicines Corp</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Boston Beer Co Inc/The</name>
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        <assetCat>EC</assetCat>
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        <name>Boston Omaha Corp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brady Corp</name>
        <lei>549300G2LEQOFQC8GY34</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bridgebio Pharma Inc</name>
        <lei>54930028YG89VTY2J114</lei>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CSW Industrials Inc</name>
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        <name>Cabaletta Bio Inc</name>
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        <name>Cactus Inc</name>
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        <name>Cadence Bank</name>
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        <name>Caleres Inc</name>
        <lei>JFU6RQQJ8Z1CPOLBXQ18</lei>
        <title>CALERES INC</title>
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        <name>California Water Service Group</name>
        <lei>529900QABDOBU6UVRQ36</lei>
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        <invCountry>US</invCountry>
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        <name>Carpenter Technology Corp</name>
        <lei>DX6I6ZD3X5WNNCDJKP85</lei>
        <title>CARPENTER TECHNOLOGY CORP</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Carvana Co</name>
        <lei>5493003WEAK2PJ5WS063</lei>
        <title>CARVANA CO</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>Casella Waste Systems Inc</name>
        <lei>8EU0XUFVJ48U37IIDH51</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cava Group Inc</name>
        <lei>N/A</lei>
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          <isin value="US1489291021"/>
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        <balance>2550215.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Cathay General Bancorp</name>
        <lei>549300K1SLJ8C97H5L68</lei>
        <title>CATHAY GENERAL BANCORP</title>
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          <isin value="US1491501045"/>
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        <balance>685700.000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ChampionX Corp</name>
        <lei>549300EP2909K6DYYP38</lei>
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          <isin value="US15872M1045"/>
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        <balance>2299962.000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chesapeake Utilities Corp</name>
        <lei>254900WW0FDCKAOCKE74</lei>
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          <isin value="US1653031088"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chewy Inc</name>
        <lei>254900NPQSTG9I422879</lei>
        <title>CHEWY INC</title>
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          <isin value="US16679L1098"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clear Secure Inc</name>
        <lei>N/A</lei>
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          <isin value="US18467V1098"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clearwater Paper Corp</name>
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          <isin value="US18538R1032"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Coastal Financial Corp/WA</name>
        <lei>549300XG5L36T6IU0B47</lei>
        <title>COASTAL FINANCIAL CORP/WA</title>
        <cusip>19046P209</cusip>
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          <isin value="US19046P2092"/>
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        <balance>583316.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Coca-Cola Consolidated Inc</name>
        <lei>57VG5X0E00X0QJU7CQ58</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Columbia Banking System Inc</name>
        <lei>N/A</lei>
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        <balance>3802062.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Columbia Financial Inc</name>
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        <title>COLUMBIA FINANCIAL INC</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Conduent Inc</name>
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        <title>CONDUENT INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QuidelOrtho Corp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Crane Co</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Crinetics Pharmaceuticals Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>CrossFirst Bankshares Inc</name>
        <lei>N/A</lei>
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        <name>CubeSmart</name>
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        <name>Cytokinetics Inc</name>
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        <name>White Mountains Insurance Group Ltd</name>
        <lei>549300N3FL068JERBG02</lei>
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        <invCountry>BM</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Denali Therapeutics Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Diodes Inc</name>
        <lei>549300XP2X1ARVH3BX23</lei>
        <title>DIODES INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Dorman Products Inc</name>
        <lei>N/A</lei>
        <title>DORMAN PRODUCTS INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DoubleVerify Holdings Inc</name>
        <lei>N/A</lei>
        <title>DOUBLEVERIFY HOLDINGS INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dutch Bros Inc</name>
        <lei>N/A</lei>
        <title>DUTCH BROS INC</title>
        <cusip>26701L100</cusip>
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          <isin value="US26701L1008"/>
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        <balance>777581.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24625990.270000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>East West Bancorp Inc</name>
        <lei>N/A</lei>
        <title>EAST WEST BANCORP INC</title>
        <cusip>27579R104</cusip>
        <identifiers>
          <isin value="US27579R1041"/>
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        <balance>1126375.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81042681.250000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eastern Bankshares Inc</name>
        <lei>549300J245MBQU3DO403</lei>
        <title>EASTERN BANKSHARES INC</title>
        <cusip>27627N105</cusip>
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          <isin value="US27627N1054"/>
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        <balance>5910508.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83929213.600000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EastGroup Properties Inc</name>
        <lei>31TIGQQZC4P6JMHKSW85</lei>
        <title>EASTGROUP PROPERTIES INC</title>
        <cusip>277276101</cusip>
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          <isin value="US2772761019"/>
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        <balance>492600.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90411804.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Elanco Animal Health Inc</name>
        <lei>549300SHPNDCE059M934</lei>
        <title>ELANCO ANIMAL HEALTH INC</title>
        <cusip>28414H103</cusip>
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          <isin value="US28414H1032"/>
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        <balance>812900.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Element Solutions Inc</name>
        <lei>549300FLGN6P5CU20J91</lei>
        <title>ELEMENT SOLUTIONS INC</title>
        <cusip>28618M106</cusip>
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          <isin value="US28618M1062"/>
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        <balance>3407500.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78849550.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Endava PLC</name>
        <lei>213800JJ6CRPCWCQVZ25</lei>
        <title>ENDAVA PLC</title>
        <cusip>29260V105</cusip>
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          <isin value="US29260V1052"/>
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        <balance>298000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23199300.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="140130.000000"/>
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      <invstOrSec>
        <name>Enfusion Inc</name>
        <lei>N/A</lei>
        <title>ENFUSION INC</title>
        <cusip>292812104</cusip>
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          <isin value="US2928121043"/>
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        <balance>587100.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5694870.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="258757.200000"/>
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      <invstOrSec>
        <name>Ensign Group Inc/The</name>
        <lei>5493003K4HEEA8Q0BC72</lei>
        <title>ENSIGN GROUP INC/THE</title>
        <cusip>29358P101</cusip>
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          <isin value="US29358P1012"/>
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        <balance>695472.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78038913.120000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Entegris Inc</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
        <title>ENTEGRIS INC</title>
        <cusip>29362U104</cusip>
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          <isin value="US29362U1043"/>
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        <balance>67718.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8113970.760000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Envestnet Inc</name>
        <lei>549300HLWZ5OKIDM8737</lei>
        <title>ENVESTNET INC</title>
        <cusip>29404K106</cusip>
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          <isin value="US29404K1060"/>
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        <balance>230146.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11396829.920000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Fraser Timber Co Ltd</name>
        <lei>5493005WD1ZK6WBVR988</lei>
        <title>WEST FRASER TIMBER CO LTD</title>
        <cusip>000000000</cusip>
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          <isin value="CA9528451052"/>
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        <balance>202610.000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.32505"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Esab Corp</name>
        <lei>549300ZNV0SWBXEIWT04</lei>
        <title>ESAB CORP</title>
        <cusip>29605J106</cusip>
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          <isin value="US29605J1060"/>
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        <balance>718871.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ESCO Technologies Inc</name>
        <lei>5493007JJLP5MEWVDH10</lei>
        <title>ESCO TECHNOLOGIES INC</title>
        <cusip>296315104</cusip>
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        <balance>395487.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46283843.610000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Essential Properties Realty Trust Inc</name>
        <lei>2549009LXQLVYCGLZO50</lei>
        <title>ESSENTIAL PROPERTIES REALTY TRUST INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EyePoint Pharmaceuticals Inc</name>
        <lei>549300QE1RU34T50MR69</lei>
        <title>EYEPOINT PHARMACEUTICALS INC</title>
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        <balance>413311.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FB Financial Corp</name>
        <lei>5493000B2LD2C2A6C435</lei>
        <title>FB FINANCIAL CORP</title>
        <cusip>30257X104</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Figs Inc</name>
        <lei>N/A</lei>
        <title>FIGS INC</title>
        <cusip>30260D103</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>FS Bancorp Inc</name>
        <lei>N/A</lei>
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        <cusip>30263Y104</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FTI Consulting Inc</name>
        <lei>549300K17GM8EQD0FQ48</lei>
        <title>FTI CONSULTING INC</title>
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        <balance>199577.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Farmers &amp; Merchants Bank of Long Beach/Long Beach CA</name>
        <lei>25490049RRVB8S6CG210</lei>
        <title>FARMERS &amp; MERCHANTS BANK OF LONG BEACH/LONG BEACH CA</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Federal Signal Corp</name>
        <lei>549300RTXZRPTNP6G884</lei>
        <title>FEDERAL SIGNAL CORP</title>
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        <balance>59300.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>First American Financial Corp</name>
        <lei>549300B6VEZK3N0A1P55</lei>
        <title>FIRST AMERICAN FINANCIAL CORP</title>
        <cusip>31847R102</cusip>
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        <balance>565769.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Bancshares Inc/The</name>
        <lei>5493006DL5RXJODMAF36</lei>
        <title>FIRST BANCSHARES INC/THE</title>
        <cusip>318916103</cusip>
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        <balance>696781.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>FirstService Corp</name>
        <lei>5493000XUDIV75BCF118</lei>
        <title>FIRSTSERVICE CORP</title>
        <cusip>33767E202</cusip>
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          <isin value="CA33767E2024"/>
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        <balance>405500.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65727495.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Floor &amp; Decor Holdings Inc</name>
        <lei>549300M5FR3N688XGQ36</lei>
        <title>FLOOR &amp; DECOR HOLDINGS INC</title>
        <cusip>339750101</cusip>
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          <isin value="US3397501012"/>
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        <balance>201400.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22468184.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Frontier Communications Parent Inc</name>
        <lei>N/A</lei>
        <title>FRONTIER COMMUNICATIONS PARENT INC</title>
        <cusip>35909D109</cusip>
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          <isin value="US35909D1090"/>
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        <balance>866200.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21949508.000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
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          <isin value="US361ESC0496"/>
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        <balance>399039.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Green Dot Corp</name>
        <lei>N/A</lei>
        <title>GREEN DOT CORP</title>
        <cusip>39304D102</cusip>
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          <isin value="US39304D1028"/>
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        <balance>2425598.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24013420.200000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Group 1 Automotive Inc</name>
        <lei>549300US8QAZJLWYAF63</lei>
        <title>GROUP 1 AUTOMOTIVE INC</title>
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          <isin value="US3989051095"/>
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        <balance>148200.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hagerty Inc</name>
        <lei>N/A</lei>
        <title>HAGERTY INC</title>
        <cusip>405166125</cusip>
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          <isin value="US4051661258"/>
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        <balance>257272.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250454.290000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hannon Armstrong Sustainable Infrastructure Capital Inc</name>
        <lei>254900ZZRL7MWL1X8E92</lei>
        <title>HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC</title>
        <cusip>41068X100</cusip>
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          <isin value="US41068X1000"/>
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        <balance>3015795.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83175626.100000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HarborOne Bancorp Inc</name>
        <lei>549300CNOEY2QUB7F917</lei>
        <title>HARBORONE BANCORP INC</title>
        <cusip>41165Y100</cusip>
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          <isin value="US41165Y1001"/>
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        <balance>2711073.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hawkins Inc</name>
        <lei>549300VL3IJ23OWX1Y34</lei>
        <title>HAWKINS INC</title>
        <cusip>420261109</cusip>
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          <isin value="US4202611095"/>
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        <balance>197586.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13914006.120000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Helios Technologies Inc</name>
        <lei>5493000BCJSMIDRNTI78</lei>
        <title>HELIOS TECHNOLOGIES INC</title>
        <cusip>42328H109</cusip>
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          <isin value="US42328H1095"/>
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        <balance>533636.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Herc Holdings Inc</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>HERC HOLDINGS INC</title>
        <cusip>42704L104</cusip>
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          <isin value="US42704L1044"/>
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        <balance>264810.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39427560.900000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HilleVax Inc</name>
        <lei>N/A</lei>
        <title>HILLEVAX INC</title>
        <cusip>43157M102</cusip>
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          <isin value="US43157M1027"/>
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        <balance>346262.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Home BancShares Inc/AR</name>
        <lei>N/A</lei>
        <title>HOME BANCSHARES INC/AR</title>
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        <balance>3095351.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Houlihan Lokey Inc</name>
        <lei>549300S3CNGTQ1QZVY46</lei>
        <title>HOULIHAN LOKEY INC</title>
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        <balance>822123.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Hydrofarm Holdings Group Inc</name>
        <lei>5493005Y60YG0W2FYJ83</lei>
        <title>HYDROFARM HOLDINGS GROUP INC</title>
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        <balance>534357.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IDACORP Inc</name>
        <lei>N134NUJDWN8UEFA8B673</lei>
        <title>IDACORP INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Icosavax Inc</name>
        <lei>N/A</lei>
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        <name>Independence Realty Trust Inc</name>
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        <title>INDEPENDENCE REALTY TRUST INC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Insmed Inc</name>
        <lei>529900Q55QAG41CCAC11</lei>
        <title>INSMED INC</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Innovative Industrial Properties Inc</name>
        <lei>5493008BQ0545EZXRR30</lei>
        <title>INNOVATIVE INDUSTRIAL PROPERTIES INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Innovage Holding Corp</name>
        <lei>N/A</lei>
        <title>INNOVAGE HOLDING CORP</title>
        <cusip>45784A104</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Intapp Inc</name>
        <lei>N/A</lei>
        <title>INTAPP INC</title>
        <cusip>45827U109</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ionis Pharmaceuticals Inc</name>
        <lei>549300SI4ZGLG0BLUZ92</lei>
        <title>IONIS PHARMACEUTICALS INC</title>
        <cusip>462222100</cusip>
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        <balance>902100.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>John Bean Technologies Corp</name>
        <lei>5493007CT6ATBZ2L6826</lei>
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      <invstOrSec>
        <name>John Marshall Bancorp Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Karuna Therapeutics Inc</name>
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      <invstOrSec>
        <name>Kearny Financial Corp/MD</name>
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        <name>Knowles Corp</name>
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      <invstOrSec>
        <name>Kohl s Corp</name>
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      <invstOrSec>
        <name>Kymera Therapeutics Inc</name>
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        <name>LCI Industries</name>
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        <name>Landstar System Inc</name>
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        <name>Lantheus Holdings Inc</name>
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        <name>Lattice Semiconductor Corp</name>
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        <name>Leonardo DRS Inc</name>
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        <name>Liberty Energy Inc</name>
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        <name>Littelfuse Inc</name>
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        <name>Live Oak Bancshares Inc</name>
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        <name>MGE Energy Inc</name>
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        <name>MSA Safety Inc</name>
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        <name>MSC Industrial Direct Co Inc</name>
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        <name>MYR Group Inc</name>
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        <name>MACOM Technology Solutions Holdings Inc</name>
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        <name>Main Street Capital Corp</name>
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        <name>Matador Resources Co</name>
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        <name>Matson Inc</name>
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        <name>McGrath RentCorp</name>
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        <name>Meritage Homes Corp</name>
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        <name>Metropolitan Bank Holding Corp</name>
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        <name>Middlesex Water Co</name>
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      <invstOrSec>
        <name>Mirion Technologies Inc</name>
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        <name>Modine Manufacturing Co</name>
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        <name>Monro Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Moog Inc</name>
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        <title>MOOG INC</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MoonLake Immunotherapeutics</name>
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        <name>MorphoSys AG</name>
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        <invCountry>DE</invCountry>
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        <name>Multiplan Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Myers Industries Inc</name>
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        <name>National Bank Holdings Corp</name>
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        <name>nCino Inc</name>
        <lei>N/A</lei>
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        <name>NerdWallet Inc</name>
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        <name>NETSTREIT Corp</name>
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        <title>NETSTREIT CORP</title>
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        <name>New York Times Co/The</name>
        <lei>529900J1WEMMIW7BOH57</lei>
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        <name>Nexstar Media Group Inc</name>
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        <name>NexPoint Residential Trust Inc</name>
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        <name>Northwestern Energy Group Inc</name>
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        <name>OGE Energy Corp</name>
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        <name>OTC Markets Group Inc</name>
        <lei>254900LQDMW14QIVAH45</lei>
        <title>OTC MARKETS GROUP INC</title>
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        <name>Onto Innovation Inc</name>
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        <name>Opendoor Technologies Inc</name>
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        <name>Pacific Premier Bancorp Inc</name>
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        <name>Pactiv Evergreen Inc</name>
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        <name>Palomar Holdings Inc</name>
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        <name>PAR Technology Corp</name>
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        <name>Pebblebrook Hotel Trust</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pinnacle Financial Partners Inc</name>
        <lei>54930098EZ8JMSAZGS24</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ponce Financial Group Inc</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pool Corp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Popular Inc</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Post Holdings Inc</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PotlatchDeltic Corp</name>
        <lei>54930084YA8UJOTXDM59</lei>
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          <isin value="US7376301039"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Preferred Bank/Los Angeles CA</name>
        <lei>5493007K6HGI9G0ECX16</lei>
        <title>PREFERRED BANK/LOS ANGELES CA</title>
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          <isin value="US7403674044"/>
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        <balance>565709.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ProAssurance Corp</name>
        <lei>54930015E5J57R675E89</lei>
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          <isin value="US74267C1062"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Prosperity Bancshares Inc</name>
        <lei>N/A</lei>
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          <isin value="US7436061052"/>
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        <balance>308900.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Provident Bancorp Inc</name>
        <lei>N/A</lei>
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          <isin value="US74383L1052"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Quaker Chemical Corp</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RH</name>
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        <title>RH</title>
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          <isin value="US74967X1037"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Radian Group Inc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Range Resources Corp</name>
        <lei>H3Y3WLYCX0BTO1TRW162</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ranger Energy Services Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RBC Bearings Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Relay Therapeutics Inc</name>
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        <name>Reliance Steel &amp; Aluminum Co</name>
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        <name>Rent the Runway Inc</name>
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        <name>T Rowe Price Government Reserve Investment Fund</name>
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        <name>T Rowe Price Government Reserve Investment Fund</name>
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        <name>Rush Enterprises Inc</name>
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        <name>Ryan Specialty Holdings Inc</name>
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        <name>SM Energy Co</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SPX Technologies Inc</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Safehold Inc</name>
        <lei>QFFLKWYYS3UPWD86E794</lei>
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        <balance>1518050.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>St Joe Co/The</name>
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          <isin value="US7901481009"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sandy Spring Bancorp Inc</name>
        <lei>N/A</lei>
        <title>SANDY SPRING BANCORP INC</title>
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          <isin value="US8003631038"/>
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        <balance>1650537.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Saul Centers Inc</name>
        <lei>N/A</lei>
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          <isin value="US8043951016"/>
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        <balance>1318406.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51773803.620000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Savers Value Village Inc</name>
        <lei>N/A</lei>
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        <cusip>80517M109</cusip>
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          <isin value="US80517M1099"/>
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        <balance>658317.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11441549.460000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sealed Air Corp</name>
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          <isin value="US81211K1007"/>
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        <balance>114900.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4196148.000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SeaWorld Entertainment Inc</name>
        <lei>529900G0H4NV3IIK3269</lei>
        <title>SEAWORLD ENTERTAINMENT INC</title>
        <cusip>81282V100</cusip>
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          <isin value="US81282V1008"/>
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        <balance>87200.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Select Medical Holdings Corp</name>
        <lei>N/A</lei>
        <title>SELECT MEDICAL HOLDINGS CORP</title>
        <cusip>81619Q105</cusip>
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          <isin value="US81619Q1058"/>
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        <balance>3667334.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86182349.000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Selective Insurance Group Inc</name>
        <lei>549300R3WGJWLE40R258</lei>
        <title>SELECTIVE INSURANCE GROUP INC</title>
        <cusip>816300107</cusip>
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          <isin value="US8163001071"/>
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        <balance>250926.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24962118.480000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shyft Group Inc/The</name>
        <lei>549300YY0TB51BGRV994</lei>
        <title>SHYFT GROUP INC/THE</title>
        <cusip>825698103</cusip>
        <identifiers>
          <isin value="US8256981031"/>
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        <balance>642500.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7851350.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Simply Good Foods Co/The</name>
        <lei>N/A</lei>
        <title>SIMPLY GOOD FOODS CO/THE</title>
        <cusip>82900L102</cusip>
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          <isin value="US82900L1026"/>
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        <balance>1017281.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40284327.600000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Skyline Champion Corp</name>
        <lei>N/A</lei>
        <title>SKYLINE CHAMPION CORP</title>
        <cusip>830830105</cusip>
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        <balance>263600.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19574936.000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Skyward Specialty Insurance Group Inc</name>
        <lei>549300GXGXJG0YH4VN21</lei>
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        <cusip>830940102</cusip>
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        <balance>247296.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8378388.480000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sotera Health Co</name>
        <lei>N/A</lei>
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          <isin value="US83601L1026"/>
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        <balance>312400.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SouthState Corp</name>
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        <title>SOUTHSTATE CORP</title>
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        <balance>1307337.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110404609.650000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southern First Bancshares Inc</name>
        <lei>N/A</lei>
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        <balance>451922.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Southwestern Energy Co</name>
        <lei>EFWMP121W54QV9MGOP87</lei>
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        <cusip>845467109</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Stericycle Inc</name>
        <lei>B8PTJH2P0AXSWSMP2136</lei>
        <title>STERICYCLE INC</title>
        <cusip>858912108</cusip>
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        <balance>221900.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>StepStone Group Inc</name>
        <lei>N/A</lei>
        <title>STEPSTONE GROUP INC</title>
        <cusip>85914M107</cusip>
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        <balance>568175.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18085010.250000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Strategic Education Inc</name>
        <lei>2549002UYIM8Q5EC8H36</lei>
        <title>STRATEGIC EDUCATION INC</title>
        <cusip>86272C103</cusip>
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        <balance>1169412.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Strattec Security Corp</name>
        <lei>549300Z394OP8S8TSR40</lei>
        <title>STRATTEC SECURITY CORP</title>
        <cusip>863111100</cusip>
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          <isin value="US8631111007"/>
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        <balance>234215.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5881138.650000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Structure Therapeutics Inc</name>
        <lei>N/A</lei>
        <title>STRUCTURE THERAPEUTICS INC</title>
        <cusip>86366E106</cusip>
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        <balance>205000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8355800.000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sun Country Airlines Holdings Inc</name>
        <lei>549300MOHOJN9GH0NJ48</lei>
        <title>SUN COUNTRY AIRLINES HOLDINGS INC</title>
        <cusip>866683105</cusip>
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        <balance>1186511.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18663818.030000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Syndax Pharmaceuticals Inc</name>
        <lei>529900OF94TRHKZVBS87</lei>
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          <isin value="US87164F1057"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Terreno Realty Corp</name>
        <lei>N/A</lei>
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          <isin value="US88146M1018"/>
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        <balance>1846000.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tetra Tech Inc</name>
        <lei>549300UJ1LP7JGJC5P32</lei>
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          <isin value="US88162G1031"/>
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        <balance>155741.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Capital Bancshares Inc</name>
        <lei>549300466Q2SXRX0YM48</lei>
        <title>TEXAS CAPITAL BANCSHARES INC</title>
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          <isin value="US88224Q1076"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Thermon Group Holdings Inc</name>
        <lei>529900ZNZBBLDE77MZ38</lei>
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          <isin value="US88362T1034"/>
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        <balance>1181307.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Towne Bank/Portsmouth VA</name>
        <lei>54930039UO39UJGI7078</lei>
        <title>TOWNE BANK/PORTSMOUTH VA</title>
        <cusip>89214P109</cusip>
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          <isin value="US89214P1093"/>
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        <balance>2317052.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tricon Residential Inc</name>
        <lei>984500EFFDE9C3A9G721</lei>
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          <isin value="CA89612W1023"/>
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        <balance>6445697.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UFP Industries Inc</name>
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        <title>UFP INDUSTRIES INC</title>
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          <isin value="US90278Q1085"/>
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        <balance>758002.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UMH Properties Inc</name>
        <lei>529900OM5K3PJ11F0Q09</lei>
        <title>UMH PROPERTIES INC</title>
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          <isin value="US9030021037"/>
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        <balance>2280000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UniFirst Corp/MA</name>
        <lei>5493003XBTNWBC8UK019</lei>
        <title>UNIFIRST CORP/MA</title>
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          <isin value="US9047081040"/>
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        <balance>155600.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utah Medical Products Inc</name>
        <lei>5493002R27BBGV8DID60</lei>
        <title>UTAH MEDICAL PRODUCTS INC</title>
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          <isin value="US9174881089"/>
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        <balance>167939.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VSE Corp</name>
        <lei>549300QWJYQDH4U5XI15</lei>
        <title>VSE CORP</title>
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        <balance>275322.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Valmont Industries Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Veritex Holdings Inc</name>
        <lei>549300F3SMOML02SC814</lei>
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        <name>Verve Therapeutics Inc</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Viavi Solutions Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Virtus Investment Partners Inc</name>
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        <name>Vishay Intertechnology Inc</name>
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        <name>Visteon Corp</name>
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        <name>Vontier Corp</name>
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        <name>Voya Financial Inc</name>
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        <name>WSFS Financial Corp</name>
        <lei>549300SU7VQHD6QRG886</lei>
        <title>WSFS FINANCIAL CORP</title>
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        <name>Walker &amp; Dunlop Inc</name>
        <lei>N/A</lei>
        <title>WALKER &amp; DUNLOP INC</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ZENPAYROLL INC CVT PFD SER C PP</title>
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        <assetCat>EP</assetCat>
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      </invstOrSec>
      <invstOrSec>
        <name>Webster Financial Corp</name>
        <lei>KMRURHT0VWKYS6Z5KU67</lei>
        <title>WEBSTER FINANCIAL CORP</title>
        <cusip>947890109</cusip>
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          <isin value="US9478901096"/>
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        <balance>798487.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40531200.120000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Fraser Timber Co Ltd</name>
        <lei>5493005WD1ZK6WBVR988</lei>
        <title>WEST FRASER TIMBER CO LTD</title>
        <cusip>952845105</cusip>
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          <isin value="CA9528451052"/>
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        <balance>60700.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Western Alliance Bancorp</name>
        <lei>5493003VJXZ5JXT9S762</lei>
        <title>WESTERN ALLIANCE BANCORP</title>
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          <isin value="US9576381092"/>
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        <balance>1114707.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73336573.530000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WillScot Mobile Mini Holdings Corp</name>
        <lei>549300HJ4VIXF476Q166</lei>
        <title>WILLSCOT MOBILE MINI HOLDINGS CORP</title>
        <cusip>971378104</cusip>
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          <isin value="US9713781048"/>
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        <balance>126500.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5629250.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Workiva Inc</name>
        <lei>529900RTOQ8GRWHY1O58</lei>
        <title>WORKIVA INC</title>
        <cusip>98139A105</cusip>
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          <isin value="US98139A1051"/>
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        <balance>161536.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16400750.080000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wyndham Hotels &amp; Resorts Inc</name>
        <lei>549300FE3MQ4RVXXC673</lei>
        <title>WYNDHAM HOTELS &amp; RESORTS INC</title>
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          <isin value="US98311A1051"/>
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        <balance>289300.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Xencor Inc</name>
        <lei>549300V5IF65437JKG30</lei>
        <title>XENCOR INC</title>
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          <isin value="US98401F1057"/>
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        <balance>799158.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16966124.340000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Xenon Pharmaceuticals Inc</name>
        <lei>549300XV44Q9Z1MIPQ03</lei>
        <title>XENON PHARMACEUTICALS INC</title>
        <cusip>98420N105</cusip>
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          <isin value="CA98420N1050"/>
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        <balance>147374.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6788046.440000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zentalis Pharmaceuticals Inc</name>
        <lei>N/A</lei>
        <title>ZENTALIS PHARMACEUTICALS INC</title>
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          <isin value="US98943L1070"/>
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        <balance>635185.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zurn Elkay Water Solutions Corp</name>
        <lei>549300AM3633XDFU1Q85</lei>
        <title>ZURN ELKAY WATER SOLUTIONS CORP</title>
        <cusip>98983L108</cusip>
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          <isin value="US98983L1089"/>
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        <balance>1898235.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enerflex Ltd</name>
        <lei>54930014N7872VUS3F89</lei>
        <title>ENERFLEX LTD</title>
        <cusip>000000000</cusip>
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          <isin value="CA29269R1055"/>
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        <balance>7491029.000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Expro Group Holdings NV</name>
        <lei>724500LJYA8QIT73H017</lei>
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        <cusip>N3144W105</cusip>
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          <isin value="NL0010556684"/>
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        <balance>2806509.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44679623.280000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CRISPR Therapeutics AG</name>
        <lei>506700O6IRRIQLT3W370</lei>
        <title>CRISPR THERAPEUTICS AG</title>
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          <isin value="CH0334081137"/>
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        <balance>288400.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>TechnipFMC PLC</name>
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        <balance>5876293.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Constellium SE</name>
        <lei>724500KRJEMC79KAAU28</lei>
        <title>CONSTELLIUM SE</title>
        <cusip>000000000</cusip>
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          <isin value="FR0013467479"/>
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        <balance>4785085.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Immatics NV</name>
        <lei>984500DC691EZ96AF394</lei>
        <title>IMMATICS NV</title>
        <cusip>N44445109</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JFrog Ltd</name>
        <lei>N/A</lei>
        <title>JFROG LTD</title>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Advantage Energy Ltd</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Orion SA</name>
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        <title>ORION SA</title>
        <cusip>L72967109</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nomad Foods Ltd</name>
        <lei>5493000ZZ1837DS2SI43</lei>
        <title>NOMAD FOODS LTD</title>
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        <assetCat>EC</assetCat>
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        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>James River Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>JAMES RIVER GROUP HOLDINGS LTD</title>
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        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>International Seaways Inc</name>
        <lei>549300YUFDGFRNGBWF46</lei>
        <title>INTERNATIONAL SEAWAYS INC</title>
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        <balance>67172.000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CONVOY INC WTS 3/33 PP</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COALITION INC PP</title>
        <cusip>TC0IGM3D8</cusip>
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        <valUSD>209393.900000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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        <name>N/A</name>
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        <name>PAX Labs Inc</name>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>CELLINK CORP SERIES D CVT PFD STOCK PP</title>
        <cusip>TC6UJP4F9</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="7393475"/>
        </identifiers>
        <balance>613518.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1736255.940000</valUSD>
        <pctVal>0.0163829284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CRB Group Inc</name>
        <lei>549300BLONX7RHTYWF68</lei>
        <title>CRB GROUP</title>
        <cusip>TC6YQ2VO5</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="7436473"/>
        </identifiers>
        <balance>109095.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7965025.950000</valUSD>
        <pctVal>0.0751562295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Farmers Business Network Inc</name>
        <lei>5493003KO0NA75DM0Y81</lei>
        <title>FARMERS BUSINESS NETWORK INC CVT SR E PP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC6YSRY15"/>
        </identifiers>
        <balance>144247.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>752969.340000</valUSD>
        <pctVal>0.0071048528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CHECKR INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC754U1N4"/>
        </identifiers>
        <balance>889080.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4801032.000000</valUSD>
        <pctVal>0.0453014799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Farmers Business Network Inc</name>
        <lei>5493003KO0NA75DM0Y81</lei>
        <title>FARMERS BUSINESS NETWORK WTS 9/33 PP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC78QUUP7"/>
        </identifiers>
        <balance>10691000.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NURO SERIES D CVT PFD STOCK PP</title>
        <cusip>TC7AXBYR8</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="6982581"/>
        </identifiers>
        <balance>309802.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1267090.180000</valUSD>
        <pctVal>0.0119559837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sound Bank</name>
        <lei>549300D3SGJ9UCUF2779</lei>
        <title>DOGWOOD ST BANK NON-VOTING COMMON STK PP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC7RAWIQ0"/>
        </identifiers>
        <balance>292336.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5130496.800000</valUSD>
        <pctVal>0.0484102371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>THEMIS SOL (CLIO) SR AA CVT PFD STOCK PP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC7VEIPB3"/>
        </identifiers>
        <balance>30470.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>596297.900000</valUSD>
        <pctVal>0.0056265356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SOCURE INC PP</title>
        <cusip>TC7Z586M3</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="6979725"/>
        </identifiers>
        <balance>149990.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>937437.500000</valUSD>
        <pctVal>0.0088454537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Farmers Business Network Inc</name>
        <lei>5493003KO0NA75DM0Y81</lei>
        <title>FARMERS BUSINESS NET CB CVT PROM NOTE P</title>
        <cusip>TC8DHU7V8</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="9017980"/>
        </identifiers>
        <balance>10691000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10691000.000000</valUSD>
        <pctVal>0.1008779199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>15.0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>FARMERS BUSINESS NETWORK INC PP</name>
              <title>FARMERS BUSINESS NETWORK INC PP</title>
              <curCd>USD</curCd>
              <identifiers>
                <other otherDesc="Internal ID" value="TC7HUI213"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="1" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COALITION SER E CVT PFD STOCK PP</title>
        <cusip>TC8G0GXC3</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="6774554"/>
        </identifiers>
        <balance>1296510.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12576147.000000</valUSD>
        <pctVal>0.1186657515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SOCURE SERIES A-1 CVT PFD STOCK PP</title>
        <cusip>TC8GIS7E3</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="7258445"/>
        </identifiers>
        <balance>149613.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>935081.250000</valUSD>
        <pctVal>0.0088232206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ZENPAYROLL INC SER B CVT PFD PP</title>
        <cusip>TC8L3W0Z9</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="5263589"/>
        </identifiers>
        <balance>129187.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1986896.060000</valUSD>
        <pctVal>0.0187479133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>THEMIS SOL (CLIO) SR B CVT PFD STOCK PP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC8YH6TK5"/>
        </identifiers>
        <balance>3310.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64776.700000</valUSD>
        <pctVal>0.0006112187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>1661 INC D/B/A GOAT SER F CVT PFD STOCK</title>
        <cusip>TC912VAO9</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="6382453"/>
        </identifiers>
        <balance>2127647.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2127647.000000</valUSD>
        <pctVal>0.0200760082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>KOBOLD METALS SER B-1 CVT PFD STOCK PP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC9DM8DV3"/>
        </identifiers>
        <balance>522347.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22346683.710000</valUSD>
        <pctVal>0.2108583827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sound Bank</name>
        <lei>549300D3SGJ9UCUF2779</lei>
        <title>DOGWOOD STATE BANK PP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC9K4IF50"/>
        </identifiers>
        <balance>143582.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2519864.100000</valUSD>
        <pctVal>0.0237768823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>HONOR TECHNOLOGY SER D CVT PFD PP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC9LOECG4"/>
        </identifiers>
        <balance>3729550.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4363573.500000</valUSD>
        <pctVal>0.0411737179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SOCURE SERIES E CVT PFD STOCK PP</title>
        <cusip>TC9LW24E5</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="6979727"/>
        </identifiers>
        <balance>346775.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2167343.750000</valUSD>
        <pctVal>0.0204505780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sound Bank</name>
        <lei>549300D3SGJ9UCUF2779</lei>
        <title>DOGWOOD ST BANK WTS 5/24 PP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC9NZLQU6"/>
        </identifiers>
        <balance>43592.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>341761.280000</valUSD>
        <pctVal>0.0032247841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>GRASSHOPPER BANCORP VOTING SHS PP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="TC9OTP907"/>
        </identifiers>
        <balance>503404.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1510212.000000</valUSD>
        <pctVal>0.0142500276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-02-02</ncom:dateSigned>
      <ncom:nameOfApplicant>T. ROWE PRICE SMALL-CAP VALUE FUND, INC.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Alan Dupski</ncom:signature>
      <ncom:signerName>Alan Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
