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        <name>Horizon Therapeutics plc</name>
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        <name>NVR, Inc.</name>
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      <invstOrSec>
        <name>KLA Corp.</name>
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        <name>Semtech Corp.</name>
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      <invstOrSec>
        <name>allbirds, Inc.</name>
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        <name>SBA Communications Corp.</name>
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        <name>Republic Services, Inc.</name>
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        <name>Mettler-Toledo International, Inc.</name>
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        <name>Churchill Capital Corp. IV</name>
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        <name>Freshpet, Inc.</name>
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        <name>Pinterest, Inc.</name>
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        <name>Marqeta, Inc.</name>
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        <name>Alkami Technology, Inc.</name>
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        <name>NEW Star Freight Service, Inc.</name>
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        <name>Southwest Airlines Co.</name>
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        <name>Jack Henry &amp; Associates, Inc.</name>
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        <name>Mirati Therapeutics, Inc.</name>
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        <name>Spartan Acquisition Corp. II</name>
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        <name>Spotify Technology SA</name>
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        <name>10X Genomics, Inc.</name>
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        <name>Bio-Techne Corp.</name>
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        <title>Bio-Techne Corp.</title>
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        <name>Teladoc Health, Inc.</name>
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        <name>Paylocity Holding Corp.</name>
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        <name>Chipotle Mexican Grill, Inc.</name>
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        <name>American Well Corp.</name>
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        <name>Phononic, Inc.</name>
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        <name>Cognex Corp.</name>
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        <title>Cognex Corp.</title>
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        <name>Lightspeed POS, Inc.</name>
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        <invCountry>CA</invCountry>
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        <name>Levi Strauss &amp; Co.</name>
        <lei>MB0UERO0RDFKU8258G77</lei>
        <title>Levi Strauss &amp; Co., Class A</title>
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      <invstOrSec>
        <name>Fortive Corp.</name>
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        <title>Fortive Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ANSYS, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Deciphera Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Five Below, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BellRing Brands, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Alteryx, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Iovance Biotherapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HubSpot, Inc.</name>
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          <isin value="US4435731009"/>
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        <fairValLevel>1</fairValLevel>
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        <name>SkyWater Technology, Inc.</name>
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        <name>Keysight Technologies, Inc.</name>
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        <name>VF Corp.</name>
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        <name>SVB Financial Group</name>
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      <invstOrSec>
        <name>IDEX Corp.</name>
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        <name>Okta, Inc.</name>
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      <invstOrSec>
        <name>Grocery Outlet Holding Corp.</name>
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        <name>ArcLight Clean Transition Corp.</name>
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        <name>GoDaddy, Inc.</name>
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        <name>Petco Health &amp; Wellness Co., Inc.</name>
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        <name>Ulta Beauty, Inc.</name>
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        <title>Ulta Beauty, Inc.</title>
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        <name>Expedia Group, Inc.</name>
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        <name>DexCom, Inc.</name>
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        <title>DexCom, Inc.</title>
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        <name>BTRS Holdings, Inc.</name>
        <lei>549300K51KDPS5MBVB54</lei>
        <title>BTRS Holdings, Inc.</title>
        <cusip>11778X104</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fanatics, Inc.</name>
        <lei>N/A</lei>
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        <name>Nuvei Corp.</name>
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        <name>Stanley Black &amp; Decker, Inc.</name>
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        <name>Insulet Corp.</name>
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        <name>Wynn Resorts Ltd.</name>
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        <name>Institutional Fiduciary Trust Money Market Portfolio</name>
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        <name>Phononic, Inc.</name>
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        <name>AppLovin Corp.</name>
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      <invstOrSec>
        <name>Phononic Devices, Inc.</name>
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      <invstOrSec>
        <name>Databricks, Inc.</name>
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      <invstOrSec>
        <name>Black Knight, Inc.</name>
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      <invstOrSec>
        <name>Terreno Realty Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SolarEdge Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rocket Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Soaring Eagle Acquisition Corp.</name>
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      <invstOrSec>
        <name>Ares Management Corp.</name>
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      <invstOrSec>
        <name>Newsela, Inc.</name>
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      <invstOrSec>
        <name>Avalara, Inc.</name>
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        <title>Avalara, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>TransUnion</name>
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        <title>TransUnion</title>
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          <isin value="US89400J1079"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Inari Medical, Inc.</name>
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        <title>Inari Medical, Inc.</title>
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        <name>iRhythm Technologies, Inc.</name>
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        <name>Global Blood Therapeutics, Inc.</name>
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        <name>Martin Marietta Materials, Inc.</name>
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        <name>Old Dominion Freight Line, Inc.</name>
        <lei>5299009TWK32WE417T96</lei>
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        <name>Tradeweb Markets, Inc.</name>
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        <name>Tractor Supply Co.</name>
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        <title>Tractor Supply Co.</title>
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        <name>DocuSign, Inc.</name>
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        <name>Zendesk, Inc.</name>
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        <name>Bumble, Inc.</name>
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      <invstOrSec>
        <name>SiTime Corp.</name>
        <lei>N/A</lei>
        <title>SiTime Corp.</title>
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      <invstOrSec>
        <name>Guardant Health, Inc.</name>
        <lei>254900M8C3E5VC8BR186</lei>
        <title>Guardant Health, Inc.</title>
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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>Synopsys, Inc.</name>
        <lei>QG7T915N9S0NY5UKNE63</lei>
        <title>Synopsys, Inc.</title>
        <cusip>871607107</cusip>
        <identifiers>
          <isin value="US8716071076"/>
          <other otherDesc="Inhouse Asset ID" value="30353"/>
        </identifiers>
        <balance>496500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>122665290.00000000</valUSD>
        <pctVal>2.163100501769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wayfair, Inc.</name>
        <lei>54930027N9ZAVYFDHK53</lei>
        <title>Wayfair, Inc., Class A</title>
        <cusip>94419L101</cusip>
        <identifiers>
          <isin value="US94419L1017"/>
          <other otherDesc="Inhouse Asset ID" value="588536"/>
        </identifiers>
        <balance>100400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29675228.00000000</valUSD>
        <pctVal>0.523297997150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="28167821.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seagen, Inc.</name>
        <lei>N/A</lei>
        <title>Seagen, Inc.</title>
        <cusip>81181C104</cusip>
        <identifiers>
          <isin value="US81181C1045"/>
          <other otherDesc="Inhouse Asset ID" value="284010"/>
        </identifiers>
        <balance>241600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34732416.00000000</valUSD>
        <pctVal>0.612477306964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MongoDB, Inc.</name>
        <lei>549300TPTG69WKWE1Z37</lei>
        <title>MongoDB, Inc.</title>
        <cusip>60937P106</cusip>
        <identifiers>
          <isin value="US60937P1066"/>
          <other otherDesc="Inhouse Asset ID" value="816545"/>
        </identifiers>
        <balance>184800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>54970608.00000000</valUSD>
        <pctVal>0.969361012780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Q2 Holdings, Inc.</name>
        <lei>549300M9RKR9DZXWS696</lei>
        <title>Q2 Holdings, Inc.</title>
        <cusip>74736L109</cusip>
        <identifiers>
          <isin value="US74736L1098"/>
          <other otherDesc="Inhouse Asset ID" value="572703"/>
        </identifiers>
        <balance>352000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>36615040.00000000</valUSD>
        <pctVal>0.645675817472</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Institutional Fiduciary Trust - Money Market Portfolio</name>
        <lei>549300M4TP89K77LG374</lei>
        <title>Institutional Fiduciary Trust - Money Market Portfolio</title>
        <cusip>457756500</cusip>
        <identifiers>
          <isin value="US4577565009"/>
          <other otherDesc="Inhouse Asset ID" value="170875"/>
        </identifiers>
        <balance>213135476.76100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>213135476.76000000</valUSD>
        <pctVal>3.758467099571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fastenal Co.</name>
        <lei>529900PP0C7H2HHPSJ32</lei>
        <title>Fastenal Co.</title>
        <cusip>311900104</cusip>
        <identifiers>
          <isin value="US3119001044"/>
          <other otherDesc="Inhouse Asset ID" value="204754"/>
        </identifiers>
        <balance>1176400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>61502192.00000000</valUSD>
        <pctVal>1.084540071401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BigCommerce Holdings, Inc.</name>
        <lei>549300MOVEFQ78DMPG58</lei>
        <title>BigCommerce Holdings, Inc., Series 1</title>
        <cusip>08975P108</cusip>
        <identifiers>
          <isin value="US08975P1084"/>
          <other otherDesc="Inhouse Asset ID" value="1097306"/>
        </identifiers>
        <balance>496124.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29737672.56000000</valUSD>
        <pctVal>0.524399155099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLAIZE, Inc.</name>
        <lei>N/A</lei>
        <title>BLAIZE, Inc., Series D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1138912"/>
        </identifiers>
        <balance>1294805.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13521001.21000000</valUSD>
        <pctVal>0.238431625619</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>Zynga, Inc.</name>
        <lei>549300XNQ0U2EL088Z74</lei>
        <title>Zynga, Inc., Class A</title>
        <cusip>98986T108</cusip>
        <identifiers>
          <isin value="US98986T1088"/>
          <other otherDesc="Inhouse Asset ID" value="508940"/>
        </identifiers>
        <balance>5060000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>54749200.00000000</valUSD>
        <pctVal>0.965456666604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vail Resorts, Inc.</name>
        <lei>529900PSZHRNU9HKH870</lei>
        <title>Vail Resorts, Inc.</title>
        <cusip>91879Q109</cusip>
        <identifiers>
          <isin value="US91879Q1094"/>
          <other otherDesc="Inhouse Asset ID" value="44456"/>
        </identifiers>
        <balance>157100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>51082636.00000000</valUSD>
        <pctVal>0.900799855960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Burlington Stores, Inc.</name>
        <lei>5299003Z37DVGKKC1W09</lei>
        <title>Burlington Stores, Inc.</title>
        <cusip>122017106</cusip>
        <identifiers>
          <isin value="US1220171060"/>
          <other otherDesc="Inhouse Asset ID" value="560877"/>
        </identifiers>
        <balance>224600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>73293718.00000000</valUSD>
        <pctVal>1.292473838217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Booz Allen Hamilton Holding Corp.</name>
        <lei>529900JPV47PIUWMA015</lei>
        <title>Booz Allen Hamilton Holding Corp.</title>
        <cusip>099502106</cusip>
        <identifiers>
          <isin value="US0995021062"/>
          <other otherDesc="Inhouse Asset ID" value="481796"/>
        </identifiers>
        <balance>652200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>54099990.00000000</valUSD>
        <pctVal>0.954008387496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Blaize, Inc. Ltd.</name>
        <lei>N/A</lei>
        <title>Blaize, Inc. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1135768"/>
        </identifiers>
        <balance>64741.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ContextLogic, Inc.</name>
        <lei>549300YZDCRQ367LIE74</lei>
        <title>ContextLogic, Inc., Class A</title>
        <cusip>21077C107</cusip>
        <identifiers>
          <isin value="US21077C1071"/>
          <other otherDesc="Inhouse Asset ID" value="1125620"/>
        </identifiers>
        <balance>1062200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14732714.00000000</valUSD>
        <pctVal>0.259799174206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="12845007.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Align Technology, Inc.</name>
        <lei>549300N5YSE0U3LCP840</lei>
        <title>Align Technology, Inc.</title>
        <cusip>016255101</cusip>
        <identifiers>
          <isin value="US0162551016"/>
          <other otherDesc="Inhouse Asset ID" value="201624"/>
        </identifiers>
        <balance>75700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>45081621.00000000</valUSD>
        <pctVal>0.794976940955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Roku, Inc.</name>
        <lei>549300KR6ITU0YIR1T71</lei>
        <title>Roku, Inc.</title>
        <cusip>77543R102</cusip>
        <identifiers>
          <isin value="US77543R1023"/>
          <other otherDesc="Inhouse Asset ID" value="815426"/>
        </identifiers>
        <balance>188978.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64813784.66000000</valUSD>
        <pctVal>1.142937257309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cloudflare, Inc.</name>
        <lei>5493007DY18BGNLDWU14</lei>
        <title>Cloudflare, Inc., Class A</title>
        <cusip>18915M107</cusip>
        <identifiers>
          <isin value="US18915M1071"/>
          <other otherDesc="Inhouse Asset ID" value="1008148"/>
        </identifiers>
        <balance>518200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>43912268.00000000</valUSD>
        <pctVal>0.774356372080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Monolithic Power Systems, Inc.</name>
        <lei>529900TB7O85LSZ1XU31</lei>
        <title>Monolithic Power Systems, Inc.</title>
        <cusip>609839105</cusip>
        <identifiers>
          <isin value="US6098391054"/>
          <other otherDesc="Inhouse Asset ID" value="322260"/>
        </identifiers>
        <balance>126100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>45570018.00000000</valUSD>
        <pctVal>0.803589416382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <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>2021-06-01</ncom:dateSigned>
      <ncom:nameOfApplicant>Franklin Strategic Series</ncom:nameOfApplicant>
      <ncom:signature>Robert Kubilis</ncom:signature>
      <ncom:signerName>Robert Kubilis</ncom:signerName>
      <ncom:title>Chief Financial Officer, Chief Accounting Officer and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
