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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>HOULIHAN LOKEY INC</name>
        <lei>549300S3CNGTQ1QZVY46</lei>
        <title>HOULIHAN LOKEY INC CL A</title>
        <cusip>441593100</cusip>
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          <isin value="US4415931009"/>
          <ticker value="HLI"/>
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        <balance>18825.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2362349.25000000</valUSD>
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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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      </invstOrSec>
      <invstOrSec>
        <name>ADVANCED ENERGY INDUSTRIES INC</name>
        <lei>549300756XI3QLFT2U27</lei>
        <title>ADVANCED ENERGY INDUSTRIES INC COM</title>
        <cusip>007973100</cusip>
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          <isin value="US0079731008"/>
          <ticker value="AEIS"/>
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        <balance>18819.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5448476.88000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ULTRAGENYX PHARMACEUTICAL INC</name>
        <lei>529900EV44GVDN1DCX77</lei>
        <title>ULTRAGENYX PHARMACEUTICAL INC COM</title>
        <cusip>90400D108</cusip>
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          <isin value="US90400D1081"/>
          <ticker value="RARE"/>
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        <balance>82926.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC COM</title>
        <cusip>55405Y100</cusip>
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          <isin value="US55405Y1001"/>
          <ticker value="MTSI"/>
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        <balance>15055.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOWHEAD SPECIALTY HOLDINGS INC</name>
        <lei>N/A</lei>
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          <isin value="US10240L1026"/>
          <ticker value="BOW"/>
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        <balance>54094.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SPX TECHNOLOGIES INC</name>
        <lei>N/A</lei>
        <title>SPX TECHNOLOGIES INC COM</title>
        <cusip>78473E103</cusip>
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          <isin value="US78473E1038"/>
          <ticker value="SPXC"/>
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        <balance>16518.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DAIWA CAPITAL MARKETS AMERICA INC.</name>
        <lei>M67H5PRC0NQKM73ZAS82</lei>
        <title>DAIWA CAPITAL MARKETS AMERICA INC</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="9184030184"/>
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        <balance>117630.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="M67H5PRC0NQKM73ZAS82" name="DAIWA CAPITAL MARKETS AMERICA INC."/>
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        <securityLending>
          <cashCollateralCondition cashCollateralVal="117630.00000000" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>PRAXIS PRECISION MEDICINES INC</name>
        <lei>N/A</lei>
        <title>PRAXIS PRECISION MEDICINES INC COM NEW</title>
        <cusip>74006W207</cusip>
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          <isin value="US74006W2070"/>
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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>MEDPACE HOLDINGS INC</name>
        <lei>549300H8TYEUVTW14A54</lei>
        <title>MEDPACE HOLDINGS INC COM</title>
        <cusip>58506Q109</cusip>
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          <isin value="US58506Q1094"/>
          <ticker value="MEDP"/>
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        <balance>3220.00000000</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>CHURCHILL DOWNS INC</name>
        <lei>529900FODTBQC8MIS994</lei>
        <title>CHURCHILL DOWNS INC COM</title>
        <cusip>171484108</cusip>
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          <isin value="US1714841087"/>
          <ticker value="CHDN"/>
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        <balance>16264.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1371055.20000000</valUSD>
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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>PHATHOM PHARMACEUTICALS INC</name>
        <lei>N/A</lei>
        <title>PHATHOM PHARMACEUTICALS INC COM</title>
        <cusip>71722W107</cusip>
        <identifiers>
          <isin value="US71722W1071"/>
          <ticker value="PHAT"/>
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        <balance>260177.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIXED INCOME CLEARING CORPORATION</name>
        <lei>549300H47WTHXPU08X20</lei>
        <title>FICC</title>
        <cusip>000000000</cusip>
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        <balance>4149000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <clearedCentCparty centralCounterparty="FIXED INCOME CLEARING CORPORATION" isCleared="Y"/>
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      <invstOrSec>
        <name>ATRICURE INC</name>
        <lei>254900B2I6GPHK2EXM59</lei>
        <title>ATRICURE INC COM</title>
        <cusip>04963C209</cusip>
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          <isin value="US04963C2098"/>
          <ticker value="ATRC"/>
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        <balance>59964.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>OXFORD INDUSTRIES INC</name>
        <lei>IDZ20O0XD3GS4UOI2L88</lei>
        <title>OXFORD INDUSTRIES INC COM</title>
        <cusip>691497309</cusip>
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          <isin value="US6914973093"/>
          <ticker value="OXM"/>
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        <balance>13735.00000000</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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        <name>IONIS PHARMACEUTICALS INC</name>
        <lei>549300SI4ZGLG0BLUZ92</lei>
        <title>IONIS PHARMACEUTICALS INC COM</title>
        <cusip>462222100</cusip>
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          <isin value="US4622221004"/>
          <ticker value="IONS"/>
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        <balance>35439.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>AMERIS BANCORP</name>
        <lei>PBJHNT51T5V6G5UQFV42</lei>
        <title>AMERIS BANCORP COM</title>
        <cusip>03076K108</cusip>
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          <isin value="US03076K1088"/>
          <ticker value="ABCB"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FIRST WATCH RESTAURANT GROUP INC</name>
        <lei>N/A</lei>
        <title>FIRST WATCH RESTAURANT GROUP INC COM</title>
        <cusip>33748L101</cusip>
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          <isin value="US33748L1017"/>
          <ticker value="FWRG"/>
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        <balance>39668.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>INTAPP INC</name>
        <lei>529900NMU89HO9PL5020</lei>
        <title>INTAPP INC COM</title>
        <cusip>45827U109</cusip>
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          <isin value="US45827U1097"/>
          <ticker value="INTA"/>
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        <balance>87158.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PINNACLE FINANCIAL PARTNERS INC</name>
        <lei>N/A</lei>
        <title>PINNACLE FINANCIAL PARTNERS INC COM</title>
        <cusip>72348N109</cusip>
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          <isin value="US72348N1090"/>
          <ticker value="PNFP"/>
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        <balance>13674.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1438915.02000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RYMAN HOSPITALITY PROPERTIES INC</name>
        <lei>529900GCCWW9SRMPJR11</lei>
        <title>RYMAN HOSPITALITY PROPERTIES INC COM</title>
        <cusip>78377T107</cusip>
        <identifiers>
          <isin value="US78377T1079"/>
          <ticker value="RHP"/>
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        <balance>18464.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2467713.60000000</valUSD>
        <pctVal>1.207852718924</pctVal>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PROCORE TECHNOLOGIES INC</name>
        <lei>5493005PTWY0RHYRAH22</lei>
        <title>PROCORE TECHNOLOGIES INC COM</title>
        <cusip>74275K108</cusip>
        <identifiers>
          <isin value="US74275K1088"/>
          <ticker value="PCOR"/>
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        <balance>40609.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2224154.93000000</valUSD>
        <pctVal>1.088639937596</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>
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      <invstOrSec>
        <name>HILLMAN SOLUTIONS CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ALKERMES PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>POWELL INDUSTRIES INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MOOG INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GULFPORT ENERGY CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TRAVERE THERAPEUTICS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>VERA THERAPEUTICS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CITADEL SECURITIES LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LITHIA MOTORS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FABRINET</name>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MATADOR RESOURCES COMPANY</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ALKAMI TECHNOLOGY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AVIENT CORP</name>
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        <name>MAGNOLIA OIL &amp; GAS CORP</name>
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        <name>GRAND CANYON EDUCATION INC</name>
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        <name>APPLIED INDUSTRIAL TECHNOLOGIES INC</name>
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        <name>RBC BEARINGS INC</name>
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        <name>REVOLVE GROUP INC</name>
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        <name>VERICEL CORP</name>
        <lei>54930076YM3PLTDR4B91</lei>
        <title>VERICEL CORP COM</title>
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          <ticker value="VCEL"/>
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        <name>SITEONE LANDSCAPE SUPPLY INC</name>
        <lei>5299008LX7SBD4HIAU03</lei>
        <title>SITEONE LANDSCAPE SUPPLY INC COM</title>
        <cusip>82982L103</cusip>
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          <ticker value="SITE"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>AZENTA INC</name>
        <lei>35ZN6X1ANPH25YN32Y17</lei>
        <title>AZENTA INC COM</title>
        <cusip>114340102</cusip>
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          <ticker value="AZTA"/>
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        <balance>47506.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>IONQ INC</name>
        <lei>529900RB2VEFGLQS7G28</lei>
        <title>IONQ INC COM</title>
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          <isin value="US46222L1089"/>
          <ticker value="IONQ"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>DESCARTES SYSTEMS GROUP INC (THE)</name>
        <lei>875500NEPA7JI5EOMN45</lei>
        <title>DESCARTES SYSTEMS GROUP INC (THE) COM</title>
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          <isin value="CA2499061083"/>
          <ticker value="DSGX"/>
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        <balance>23370.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BALCHEM CORP</name>
        <lei>549300VR70OPMHUI3557</lei>
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          <isin value="US0576652004"/>
          <ticker value="BCPC"/>
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        <balance>13689.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COMMVAULT SYSTEMS INC</name>
        <lei>65T5VRP62VXG39YFML83</lei>
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          <isin value="US2041661024"/>
          <ticker value="CVLT"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PJT PARTNERS INC</name>
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          <isin value="US69343T1079"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AEROVIRONMENT INC</name>
        <lei>529900PGHVI29YLZ6221</lei>
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          <isin value="US0080731088"/>
          <ticker value="AVAV"/>
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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>VERACYTE INC</name>
        <lei>529900ESWZRHXOW27Z37</lei>
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          <isin value="US92337F1075"/>
          <ticker value="VCYT"/>
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        <balance>62080.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SKYWARD SPECIALTY INSURANCE GROUP INC</name>
        <lei>549300GXGXJG0YH4VN21</lei>
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        <cusip>830940102</cusip>
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          <isin value="US8309401029"/>
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        <balance>28330.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BIOCRYST PHARMACEUTICALS INC</name>
        <lei>549300Z0INP1Z5NP6J59</lei>
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          <isin value="US09058V1035"/>
          <ticker value="BCRX"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>ARTIVION INC</name>
        <lei>549300YTKV8DMSMG6K81</lei>
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          <isin value="US2289031005"/>
          <ticker value="AORT"/>
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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>JEFFERIES LLC</name>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL SIGNAL CORP</name>
        <lei>549300RTXZRPTNP6G884</lei>
        <title>FEDERAL SIGNAL CORP COM</title>
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          <ticker value="FSS"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>STIFEL FINANCIAL CORP</name>
        <lei>549300E5F07FE5GHJX84</lei>
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          <isin value="US8606301021"/>
          <ticker value="SF"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DORMAN PRODUCTS INC</name>
        <lei>2549000O0BBUX740XR59</lei>
        <title>DORMAN PRODUCTS INC COM</title>
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          <isin value="US2582781009"/>
          <ticker value="DORM"/>
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        <balance>11790.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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        <name>NEOGENOMICS INC</name>
        <lei>549300KN62PPGHBVXB46</lei>
        <title>NEOGENOMICS INC COM NEW</title>
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          <ticker value="NEO"/>
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        <fairValLevel>1</fairValLevel>
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        <name>QUAKER CHEMICAL CORP</name>
        <lei>549300PJQ1R3WCWCPS54</lei>
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          <ticker value="KWR"/>
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        <fairValLevel>1</fairValLevel>
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        <name>INTERFACE INC</name>
        <lei>549300VXZWQOIDFPU355</lei>
        <title>INTERFACE INC COM</title>
        <cusip>458665304</cusip>
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          <ticker value="TILE"/>
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        <fairValLevel>1</fairValLevel>
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        <name>BRIDGEBIO PHARMA INC</name>
        <lei>54930028YG89VTY2J114</lei>
        <title>BRIDGEBIO PHARMA INC COM</title>
        <cusip>10806X102</cusip>
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          <isin value="US10806X1028"/>
          <ticker value="BBIO"/>
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        <fairValLevel>1</fairValLevel>
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        <name>U.S. PHYSICAL THERAPY INC</name>
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        <title>U.S. PHYSICAL THERAPY INC COM</title>
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          <ticker value="USPH"/>
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        <fairValLevel>1</fairValLevel>
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        <name>STAG INDUSTRIAL INC</name>
        <lei>549300QWYX2W6FASVQ07</lei>
        <title>STAG INDUSTRIAL INC COM</title>
        <cusip>85254J102</cusip>
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          <isin value="US85254J1025"/>
          <ticker value="STAG"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>NOVANTA INC</name>
        <lei>549300NBPHPTUPTS8070</lei>
        <title>NOVANTA INC COM</title>
        <cusip>67000B104</cusip>
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          <isin value="CA67000B1040"/>
          <ticker value="NOVT"/>
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        <balance>26030.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3710576.50000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEGENCE CORP</name>
        <lei>N/A</lei>
        <title>LEGENCE CORP CL A</title>
        <cusip>52476L109</cusip>
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          <isin value="US52476L1098"/>
          <ticker value="LGN"/>
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        <balance>29884.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1910484.12000000</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>ACADIA HEALTHCARE COMPANY INC</name>
        <lei>5493005CW985Y9D0NC11</lei>
        <title>ACADIA HEALTHCARE COMPANY INC COM</title>
        <cusip>00404A109</cusip>
        <identifiers>
          <isin value="US00404A1097"/>
          <ticker value="ACHC"/>
        </identifiers>
        <balance>28888.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>855662.56000000</valUSD>
        <pctVal>0.418814545406</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="577530.76000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CREDO TECHNOLOGY GROUP HOLDING LTD</name>
        <lei>N/A</lei>
        <title>CREDO TECHNOLOGY GROUP HOLDING LTD ORDINARY SHARES</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG254571055"/>
          <ticker value="CRDO"/>
          <other otherDesc="SEDOL" value="BLD13F2"/>
        </identifiers>
        <balance>3999.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>827753.01000000</valUSD>
        <pctVal>0.405153873499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOLARIS ENERGY INFRASTRUCTURE INC</name>
        <lei>529900MTK3C8Y8TIIC10</lei>
        <title>SOLARIS ENERGY INFRASTRUCTURE INC COM CL A</title>
        <cusip>83418M103</cusip>
        <identifiers>
          <isin value="US83418M1036"/>
          <ticker value="SEI"/>
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        <balance>37131.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1908904.71000000</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1497470.48000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>CSW INDUSTRIALS INC</name>
        <lei>549300SYOEO3RVQ7FB83</lei>
        <title>CSW INDUSTRIALS INC COM</title>
        <cusip>126402106</cusip>
        <identifiers>
          <isin value="US1264021064"/>
          <ticker value="CSW"/>
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        <balance>7101.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2264721.93000000</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="2241758.97000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>ARCHROCK INC</name>
        <lei>549300K3RIHMHDVFTL28</lei>
        <title>ARCHROCK INC COM</title>
        <cusip>03957W106</cusip>
        <identifiers>
          <isin value="US03957W1062"/>
          <ticker value="AROC"/>
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        <balance>55141.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1971842.16000000</valUSD>
        <pctVal>0.965142354544</pctVal>
        <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>ENERPAC TOOL GROUP CORP</name>
        <lei>IZW37BPZKUJE1QXGB081</lei>
        <title>ENERPAC TOOL GROUP CORP CL A COM</title>
        <cusip>292765104</cusip>
        <identifiers>
          <isin value="US2927651040"/>
          <ticker value="EPAC"/>
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        <balance>70920.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2534680.80000000</valUSD>
        <pctVal>1.240630637155</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>
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      <invstOrSec>
        <name>SEMTECH CORP</name>
        <lei>549300J7WUY317SW6O61</lei>
        <title>SEMTECH CORP COM</title>
        <cusip>816850101</cusip>
        <identifiers>
          <isin value="US8168501018"/>
          <ticker value="SMTC"/>
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        <balance>33041.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3892890.62000000</valUSD>
        <pctVal>1.905423109003</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>
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      <invstOrSec>
        <name>GLOBUS MEDICAL INC</name>
        <lei>5299003M2P4CIK0RF205</lei>
        <title>GLOBUS MEDICAL INC CL A</title>
        <cusip>379577208</cusip>
        <identifiers>
          <isin value="US3795772082"/>
          <ticker value="GMED"/>
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        <balance>34036.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2681696.44000000</valUSD>
        <pctVal>1.312589247141</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="2536644.05000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>GATES INDUSTRIAL CORPORATION LTD</name>
        <lei>549300S6K4FWUSB9KM27</lei>
        <title>GATES INDUSTRIAL CORPORATION LTD COM SHS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG391041073"/>
          <ticker value="GTES"/>
          <other otherDesc="SEDOL" value="BPY0594"/>
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        <balance>123520.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3456089.60000000</valUSD>
        <pctVal>1.691625486931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LITTELFUSE INC</name>
        <lei>549300MY7HLQFYTPCX75</lei>
        <title>LITTELFUSE INC COM</title>
        <cusip>537008104</cusip>
        <identifiers>
          <isin value="US5370081045"/>
          <ticker value="LFUS"/>
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        <balance>5228.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2311455.64000000</valUSD>
        <pctVal>1.131370341942</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>VIAVI SOLUTIONS INC</name>
        <lei>5493006K3E3N1QOBF092</lei>
        <title>VIAVI SOLUTIONS INC COM</title>
        <cusip>925550105</cusip>
        <identifiers>
          <isin value="US9255501051"/>
          <ticker value="VIAV"/>
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        <balance>78910.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2915724.50000000</valUSD>
        <pctVal>1.427137154392</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>ARCUTIS BIOTHERAPEUTICS INC</name>
        <lei>N/A</lei>
        <title>ARCUTIS BIOTHERAPEUTICS INC COM</title>
        <cusip>03969K108</cusip>
        <identifiers>
          <isin value="US03969K1088"/>
          <ticker value="ARQT"/>
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        <balance>98617.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2648852.62000000</valUSD>
        <pctVal>1.296513436201</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>
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      </invstOrSec>
      <invstOrSec>
        <name>APPFOLIO INC</name>
        <lei>529900OOUUGT6JFC0S15</lei>
        <title>APPFOLIO INC COM CL A</title>
        <cusip>03783C100</cusip>
        <identifiers>
          <isin value="US03783C1009"/>
          <ticker value="APPF"/>
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        <balance>9450.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1702795.50000000</valUSD>
        <pctVal>0.833454163581</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>
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      </invstOrSec>
      <invstOrSec>
        <name>INSTALLED BUILDING PRODUCTS INC</name>
        <lei>549300I95Y9P9YM5FI86</lei>
        <title>INSTALLED BUILDING PRODUCTS INC COM</title>
        <cusip>45780R101</cusip>
        <identifiers>
          <isin value="US45780R1014"/>
          <ticker value="IBP"/>
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        <balance>9598.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2139778.12000000</valUSD>
        <pctVal>1.047340672004</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>
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      </invstOrSec>
      <invstOrSec>
        <name>GLACIER BANCORP INC</name>
        <lei>549300SMJAUKZB5D7V74</lei>
        <title>GLACIER BANCORP INC COM</title>
        <cusip>37637Q105</cusip>
        <identifiers>
          <isin value="US37637Q1058"/>
          <ticker value="GBCI"/>
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        <balance>35448.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1747231.92000000</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>KRYSTAL BIOTECH INC</name>
        <lei>549300YONUY68210OE41</lei>
        <title>KRYSTAL BIOTECH INC COM</title>
        <cusip>501147102</cusip>
        <identifiers>
          <isin value="US5011471027"/>
          <ticker value="KRYS"/>
        </identifiers>
        <balance>9479.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3233476.48000000</valUSD>
        <pctVal>1.582664762210</pctVal>
        <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>SCHNEIDER NATIONAL INC</name>
        <lei>529900V6GZ6G6E3BLV72</lei>
        <title>SCHNEIDER NATIONAL INC CL B</title>
        <cusip>80689H102</cusip>
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          <isin value="US80689H1023"/>
          <ticker value="SNDR"/>
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        <balance>41453.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1481530.22000000</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>
      <invstOrSec>
        <name>HEALTHEQUITY INC</name>
        <lei>529900LRJU1RAFQHM467</lei>
        <title>HEALTHEQUITY INC COM</title>
        <cusip>42226A107</cusip>
        <identifiers>
          <isin value="US42226A1079"/>
          <ticker value="HQY"/>
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        <balance>22959.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2309904.99000000</valUSD>
        <pctVal>1.130611357261</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>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-09-24</ncom:dateSigned>
      <ncom:nameOfApplicant>AMG Funds IV</ncom:nameOfApplicant>
      <ncom:signature>Thomas Disbrow</ncom:signature>
      <ncom:signerName>Thomas Disbrow</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
