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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BELDEN INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KIRBY CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>AMERIS BANCORP</name>
        <lei>PBJHNT51T5V6G5UQFV42</lei>
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          <isin value="US03076K1088"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BALCHEM CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KINETIK HOLDINGS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>LA-Z-BOY INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WD-40 COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HILLTOP HOLDINGS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CALIX, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MERCHANTS BANCORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NBT BANCORP INC.</name>
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        <name>PATTERSON-UTI ENERGY, INC.</name>
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        <name>FULTON FINANCIAL CORPORATION</name>
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        <name>OCEANEERING INTERNATIONAL, INC.</name>
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        <name>Progyny Inc</name>
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        <name>Matson Inc</name>
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        <name>MANPOWERGROUP INC.</name>
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        <name>VALLEY NATIONAL BANCORP</name>
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        <name>ALBANY INTERNATIONAL CORP.</name>
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        <name>RYDER SYSTEM, INC.</name>
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        <name>Dorian LPG Ltd.</name>
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        <name>ALPHA METALLURGICAL RESOURCES, INC.</name>
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        <name>NATIONAL BEVERAGE CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RADIAN GROUP INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>VERINT SYSTEMS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FLOWSERVE CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>HERC HOLDINGS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ACUSHNET HOLDINGS CORP.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>COHEN &amp; STEERS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SM ENERGY COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>TG THERAPEUTICS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FOX FACTORY HOLDING CORP.</name>
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          <isin value="US35138V1026"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BOK FINANCIAL CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>OSI SYSTEMS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ASTRANA HEALTH, INC.</name>
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        <name>MINERALS TECHNOLOGIES INC.</name>
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        <name>Valaris Limited</name>
        <lei>N/A</lei>
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        <name>TXNM Energy, Inc.</name>
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        <name>PREMIER, INC.</name>
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        <name>InterDigital, Inc.</name>
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        <name>VEECO INSTRUMENTS INC.</name>
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        <name>MODINE MANUFACTURING COMPANY</name>
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        <name>CHESAPEAKE UTILITIES CORPORATION</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Lazard, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US52110M1099"/>
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        <balance>7854.00000000</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>PIPER SANDLER COMPANIES</name>
        <lei>QUQDBTUSOAKFEVMRMF78</lei>
        <title>PIPER SANDLER COS</title>
        <cusip>724078100</cusip>
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          <isin value="US7240781002"/>
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        <balance>1613.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EURONET WORLDWIDE, INC.</name>
        <lei>YG3575C4DSHJPA5KET68</lei>
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        <cusip>298736109</cusip>
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          <isin value="US2987361092"/>
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        <balance>5331.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SLM CORPORATION</name>
        <lei>N/A</lei>
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          <isin value="US78442P1066"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AIR LEASE CORPORATION</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>AIR LEASE CORP</title>
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          <isin value="US00912X3026"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY RESOURCES CORPORATION</name>
        <lei>549300QKBSQBIX4DQ583</lei>
        <title>NEW JERSEY RESOURCES CORP</title>
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          <isin value="US6460251068"/>
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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>First BanCorp.</name>
        <lei>N/A</lei>
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          <isin value="PR3186727065"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SKYWEST, INC.</name>
        <lei>529900UYS2KGS6Z42P09</lei>
        <title>SKYWEST INC</title>
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          <isin value="US8308791024"/>
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        <balance>4204.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMMUNITY FINANCIAL SYSTEM, INC.</name>
        <lei>5299008N6YHE6GCP1E80</lei>
        <title>COMMUNITY FINANCIAL SYSTEM INC</title>
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          <isin value="US2036071064"/>
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        <balance>7166.00000000</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>DigitalOcean Holdings, Inc.</name>
        <lei>549300EPISPY3RE3DL21</lei>
        <title>DIGITALOCEAN HOLDINGS INC</title>
        <cusip>25402D102</cusip>
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          <isin value="US25402D1028"/>
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        <balance>5975.00000000</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>Pathward Financial, Inc.</name>
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        <title>PATHWARD FINANCIAL INC</title>
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        <balance>7138.00000000</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>DT MIDSTREAM, INC.</name>
        <lei>N/A</lei>
        <title>DT MIDSTREAM INC</title>
        <cusip>23345M107</cusip>
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          <isin value="US23345M1071"/>
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        <balance>9058.00000000</balance>
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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>PRICESMART, INC.</name>
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        <title>PRICESMART INC</title>
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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>GRAHAM HOLDINGS COMPANY</name>
        <lei>529900BOSCEEEMAFQJ29</lei>
        <title>GRAHAM HOLDINGS CO</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>PORTLAND GENERAL ELECTRIC COMPANY</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>CIRRUS LOGIC, INC.</name>
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        <name>SPECTRUM BRANDS HOLDINGS, INC.</name>
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        <name>Tecnoglass Inc.</name>
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        <name>DORMAN PRODUCTS, INC.</name>
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        <name>ARCBEST CORPORATION</name>
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        <title>ARCBEST CORP</title>
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        <name>ICF INTERNATIONAL, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>WEIS MARKETS, INC.</name>
        <lei>N/A</lei>
        <title>WEIS MARKETS INC</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ESAB CORPORATION</name>
        <lei>549300ZNV0SWBXEIWT04</lei>
        <title>ESAB CORP</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>HANCOCK WHITNEY CORPORATION</name>
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        <name>CABOT CORPORATION</name>
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        <name>CHEWY, INC.</name>
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        <name>CRESCENT ENERGY COMPANY</name>
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        <name>THE CHEFS' WAREHOUSE, INC.</name>
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        <name>DONNELLEY FINANCIAL SOLUTIONS, INC.</name>
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        <name>BANK OZK</name>
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        <name>CONMED CORPORATION</name>
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        <name>DYCOM INDUSTRIES, INC.</name>
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        <name>TRI POINTE HOMES, INC.</name>
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        <name>LOUISIANA-PACIFIC CORPORATION</name>
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        <name>BREAD FINANCIAL HOLDINGS, INC.</name>
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        <name>RADNET, INC.</name>
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        <name>INTERNATIONAL BANCSHARES CORPORATION</name>
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        <name>MOELIS &amp; COMPANY</name>
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        <name>VESTIS CORPORATION</name>
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        <name>ROCKET COMPANIES, INC.</name>
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        <name>UTZ BRANDS, INC.</name>
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        <name>UFP TECHNOLOGIES, INC.</name>
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        <title>UFP TECHNOLOGIES INC</title>
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        <name>BRUNSWICK CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Enpro Inc.</name>
        <lei>549300Y5CFT2LKCFDN54</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PATTERSON COMPANIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BRADY CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Excelerate Energy Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>MANNKIND CORPORATION</name>
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        <name>MUELLER WATER PRODUCTS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CAVA GROUP, INC.</name>
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        <name>AGILYSYS, INC.</name>
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        <name>VERRA MOBILITY CORPORATION</name>
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        <name>ARTISAN PARTNERS ASSET MANAGEMENT INC.</name>
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        <name>BLACKBAUD, INC.</name>
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        <name>WaFd, Inc</name>
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        <name>COGENT COMMUNICATIONS HOLDINGS, INC.</name>
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        <name>SENSIENT TECHNOLOGIES CORPORATION</name>
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        <name>PRESTIGE CONSUMER HEALTHCARE INC.</name>
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        <name>CAL-MAINE FOODS, INC.</name>
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        <name>APPFOLIO, INC.</name>
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        <name>Edgewell Personal Care Company</name>
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        <name>INTERPARFUMS INC</name>
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        <name>MILLERKNOLL, INC.</name>
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        <name>FIRST INTERSTATE BANCSYSTEM, INC.</name>
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        <title>FIRST INTERSTATE BANCSYS A</title>
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        <name>SCHNEIDER NATIONAL, INC.</name>
        <lei>529900V6GZ6G6E3BLV72</lei>
        <title>SCHNEIDER NATIONAL INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>AZZ INC.</name>
        <lei>549300HD1X2NFLWPYC83</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>YETI HOLDINGS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>STRATEGIC EDUCATION, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FRONTDOOR, INC.</name>
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        <name>IPG PHOTONICS CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>THE BRINK'S COMPANY</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HAEMONETICS CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FIRST BANCORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TALOS ENERGY INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Shift4 Payments Inc</name>
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        <name>N-ABLE, INC.</name>
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        <name>SPROUTS FARMERS MARKET, INC.</name>
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        <name>INDEPENDENT BANK CORP.</name>
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        <name>LEONARDO DRS, INC.</name>
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        <name>COLUMBIA SPORTSWEAR COMPANY</name>
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        <name>LIFE TIME GROUP HOLDINGS, INC</name>
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        <name>Madison Square Garden Entertainment Corp</name>
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        <name>TEREX CORPORATION</name>
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        <name>GRAND CANYON EDUCATION, INC.</name>
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        <name>HURON CONSULTING GROUP INC.</name>
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        <name>INSPERITY, INC.</name>
        <lei>5299000Q0KW7HY5DB751</lei>
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        <name>ALLEGRO MICROSYSTEMS, INC</name>
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        <name>TIDEWATER INC.</name>
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        <name>HOME BANCSHARES, INC.</name>
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        <name>Viper Energy, Inc.</name>
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        <name>MAXIMUS, INC.</name>
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        <name>Otter Tail Corporation</name>
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        <name>VIRTU FINANCIAL, INC.</name>
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        <name>VALVOLINE INC.</name>
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        <name>STEPAN COMPANY</name>
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        <name>PATRICK INDUSTRIES, INC.</name>
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        <name>PACTIV EVERGREEN INC.</name>
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        <name>FEDERAL AGRICULTURAL MORTGAGE CORPORATION</name>
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        <name>THE CHEMOURS COMPANY</name>
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        <name>POWER INTEGRATIONS, INC.</name>
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        <name>ARHAUS, INC</name>
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        <name>CORVEL CORPORATION</name>
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        <name>GRIFFON CORPORATION</name>
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        <name>RESIDEO TECHNOLOGIES, INC.</name>
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        <name>OPTION CARE HEALTH, INC.</name>
        <lei>549300DI3Q5ACSYJRI17</lei>
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        <name>Renasant Corporation</name>
        <lei>549300OVE6OZHW2UUH81</lei>
        <title>RENASANT CORP</title>
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        <name>IES HOLDINGS, INC.</name>
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        <name>KODIAK GAS SERVICES, INC.</name>
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        <name>TowneBank</name>
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        <name>GIBRALTAR INDUSTRIES, INC.</name>
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        <name>KNIFE RIVER CORPORATION</name>
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        <name>MGIC INVESTMENT CORPORATION</name>
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        <name>WALKER &amp; DUNLOP, INC.</name>
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        <name>CARPENTER TECHNOLOGY CORPORATION</name>
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        <name>GREIF, INC.</name>
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        <name>ENTERPRISE FINANCIAL SERVICES CORP</name>
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        <name>IRIDIUM COMMUNICATIONS INC.</name>
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        <name>ALLISON TRANSMISSION HOLDINGS, INC.</name>
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        <name>JBT MAREL CORPORATION</name>
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        <name>STEWART INFORMATION SERVICES CORPORATION</name>
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        <name>UNITED COMMUNITY BANKS, INC.</name>
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        <title>UNITED COMMUNITY BANKS INC GA</title>
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        <name>HARLEY-DAVIDSON, INC.</name>
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        <name>NewMarket Corporation</name>
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        <name>PARK NATIONAL CORPORATION</name>
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        <name>EXPONENT, INC.</name>
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        <name>CIMPRESS PUBLIC LIMITED COMPANY</name>
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        <name>PC CONNECTION, INC.</name>
        <lei>5299005WPRNIXDV2KM73</lei>
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        <name>VICOR CORPORATION</name>
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        <name>CLEAR SECURE, INC.</name>
        <lei>N/A</lei>
        <title>CLEAR SECURE INC</title>
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        <name>UGI CORPORATION</name>
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        <name>Payoneer Global Inc</name>
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        <name>AVIENT CORPORATION</name>
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        <name>VALMONT INDUSTRIES, INC.</name>
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        <name>BADGER METER, INC.</name>
        <lei>5493002JENE20OGTUG20</lei>
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        <name>M/I HOMES, INC.</name>
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        <name>CONSTRUCTION PARTNERS, INC.</name>
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        <name>ADVANCED ENERGY INDUSTRIES, INC.</name>
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        <name>ATI INC</name>
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        <name>VSE CORPORATION</name>
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        <name>GATX CORPORATION</name>
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        <name>STEVEN MADDEN, LTD.</name>
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        <name>SEABOARD CORPORATION</name>
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        <name>ASSURED GUARANTY LTD.</name>
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        <name>DREAM FINDERS HOMES, INC.</name>
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        <name>MR. COOPER GROUP INC.</name>
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        <name>StepStone Group Inc</name>
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        <name>ZURN ELKAY WATER SOLUTIONS CORPORATION</name>
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        <name>ADTALEM GLOBAL EDUCATION INC.</name>
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        <name>SOUTHWEST GAS HOLDINGS, INC.</name>
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        <name>PROGRESS SOFTWARE CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DIEBOLD NIXDORF, INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COMMVAULT SYSTEMS, INC.</name>
        <lei>65T5VRP62VXG39YFML83</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MATERION CORPORATION</name>
        <lei>549300CJ5RI351SUYT02</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FB Financial Corporation</name>
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        <balance>8737.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INNOSPEC INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CENTRAL GARDEN &amp; PET COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ARCOSA, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>HELMERICH &amp; PAYNE, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>PALOMAR HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>LANCASTER COLONY CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CNX RESOURCES CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>STERLING INFRASTRUCTURE, INC.</name>
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        <name>F.N.B. CORPORATION</name>
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        <name>LIBERTY ENERGY INC.</name>
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        <name>WERNER ENTERPRISES, INC.</name>
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        <name>PEABODY ENERGY CORPORATION</name>
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        <name>REV GROUP, INC.</name>
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        <name>HILTON GRAND VACATIONS INC.</name>
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        <name>Spire Inc.</name>
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        <name>J &amp; J SNACK FOODS CORP.</name>
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        <name>CATALYST PHARMACEUTICALS, INC.</name>
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        <title>CATALYST PHARMACEUTICALS INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>AEROVIRONMENT, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ASHLAND INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>HARMONIC INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>THE ST. JOE COMPANY</name>
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        <title>ST JOE CO</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CSW INDUSTRIALS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CHART INDUSTRIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ATLANTIC UNION BANKSHARES CORPORATION</name>
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        <name>NATIONAL FUEL GAS COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>TENNANT COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CBIZ, INC.</name>
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        <balance>5845.00000000</balance>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>ITRON, INC.</name>
        <lei>24F6LSZD18II6ICG6S41</lei>
        <title>ITRON INC</title>
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      <invstOrSec>
        <name>Krystal Biotech Inc</name>
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        <name>FIRST COMMONWEALTH FINANCIAL CORPORATION</name>
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        <name>PENNYMAC FINANCIAL SERVICES, INC.</name>
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        <name>NORTHWEST BANCSHARES, INC.</name>
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        <name>LGI HOMES, INC.</name>
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        <name>SELECT MEDICAL HOLDINGS CORPORATION</name>
        <lei>N/A</lei>
        <title>SELECT MEDICAL HOLDINGS CORP</title>
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        <name>AMERICAN STATES WATER COMPANY</name>
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        <name>VONTIER CORPORATION</name>
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        <title>VONTIER CORP W I</title>
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        <name>Doximity Inc</name>
        <lei>N/A</lei>
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        <name>MGE ENERGY, INC.</name>
        <lei>N/A</lei>
        <title>MGE ENERGY INC</title>
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        <name>Evertec, Inc.</name>
        <lei>N/A</lei>
        <title>EVERTEC INC</title>
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        <invCountry>PR</invCountry>

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        <name>TOPGOLF CALLAWAY BRANDS CORP.</name>
        <lei>5493005UB0KFRKBPCU72</lei>
        <title>TOPGOLF CALLAWAY BRND CRP</title>
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        <name>SYLVAMO CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Kontoor Brands, Inc.</name>
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        <name>LEMAITRE VASCULAR, INC.</name>
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        <name>LUCKY STRIKE ENTERTAINMENT CORPORATION</name>
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        <name>SYNOVUS FINANCIAL CORP.</name>
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        <name>BLACK HILLS CORPORATION</name>
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        <name>KENNAMETAL INC.</name>
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        <name>INTERNATIONAL SEAWAYS, INC.</name>
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        <name>SolarWinds Corp</name>
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        <name>RH</name>
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        <name>HAMILTON LANE INCORPORATED</name>
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        <name>STOCK YARDS BANCORP, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CRANE NXT, CO.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SYNAPTICS INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ARCHROCK INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ALAMO GROUP INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>S &amp; T BANCORP, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MOOG INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WSFS FINANCIAL CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>INSTALLED BUILDING PRODUCTS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SONOCO PRODUCTS COMPANY.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Live Oak Bancshares, Inc.</name>
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        <name>GRANITE CONSTRUCTION INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NMI HOLDINGS, INC.</name>
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        <name>BLACKLINE, INC</name>
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        <name>Dutch Bros Inc</name>
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        <name>MARA HOLDINGS, INC.</name>
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        <name>TERADATA CORPORATION</name>
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        <name>EPLUS INC.</name>
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        <name>Triumph Financial, Inc.</name>
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        <name>FIRST HAWAIIAN, INC.</name>
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        <name>ARMSTRONG WORLD INDUSTRIES, INC.</name>
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        <name>CALIFORNIA WATER SERVICE GROUP</name>
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        <name>OPENLANE, INC.</name>
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        <title>OPENLANE INC</title>
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        <name>CNO FINANCIAL GROUP, INC.</name>
        <lei>11XPYHB76MPM4Y4P2897</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>STONEX GROUP INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Energizer Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>KB HOME</name>
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        <name>HALOZYME THERAPEUTICS, INC.</name>
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        <name>QUAKER CHEMICAL CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GROUP 1 AUTOMOTIVE, INC.</name>
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        <name>NATIONAL HEALTHCARE CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GENWORTH FINANCIAL, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>AXOS FINANCIAL, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AXIS CAPITAL HOLDINGS LIMITED</name>
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        <name>MDU RESOURCES GROUP, INC.</name>
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        <name>LCI INDUSTRIES</name>
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        <name>UPBOUND GROUP, INC.</name>
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        <name>WESBANCO, INC.</name>
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        <name>SEACOAST BANKING CORPORATION OF FLORIDA</name>
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        <name>FEDERAL SIGNAL CORPORATION</name>
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        <name>ORMAT TECHNOLOGIES, INC.</name>
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        <name>Protagonist Therapeutics Inc</name>
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        <name>PJT PARTNERS INC.</name>
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        <name>ROGERS CORPORATION</name>
        <lei>PW0CN80KNFR7RUOOKJ84</lei>
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        <name>AXCELIS TECHNOLOGIES, INC.</name>
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        <name>PHINIA INC.</name>
        <lei>254900HG6MORZE1FFM18</lei>
        <title>PHINIA INC</title>
        <cusip>71880K101</cusip>
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        <name>FORMFACTOR, INC.</name>
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        <name>SJW GROUP</name>
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        <name>WHITE MOUNTAINS INSURANCE GROUP, LTD.</name>
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        <name>ATLAS ENERGY SOLUTIONS INC.</name>
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        <name>SERVISFIRST BANCSHARES, INC.</name>
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        <name>ENERSYS</name>
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        <name>ADIENT PUBLIC LIMITED COMPANY</name>
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        <name>AFFILIATED MANAGERS GROUP, INC.</name>
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        <name>Cadence Bank</name>
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        <name>GROCERY OUTLET HOLDING CORP.</name>
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        <name>SIMMONS FIRST NATIONAL CORPORATION</name>
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        <name>CITY HOLDING COMPANY</name>
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        <name>ACADIA PHARMACEUTICALS INC.</name>
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        <name>BLUE BIRD CORPORATION</name>
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        <name>AVISTA CORPORATION</name>
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        <title>AVISTA CORP</title>
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        <name>FRESHPET, INC.</name>
        <lei>549300S4ZK8ZQ6HNPN59</lei>
        <title>FRESHPET INC</title>
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        <valUSD>210835.95000000</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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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIRST ADVANTAGE CORPORATION</name>
        <lei>N/A</lei>
        <title>FIRST ADVANTAGE CORP</title>
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          <other otherDesc="Internal" value="BNKGY06"/>
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        <curCd>USD</curCd>
        <valUSD>403875.76000000</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>BOISE CASCADE COMPANY</name>
        <lei>549300Z8B8LSRHC7XA55</lei>
        <title>BOISE CASCADE CO</title>
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          <isin value="US09739D1000"/>
          <other otherDesc="Internal" value="B9BP4R1"/>
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        <curCd>USD</curCd>
        <valUSD>222664.30000000</valUSD>
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        <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>ESCO TECHNOLOGIES INC.</name>
        <lei>5493007JJLP5MEWVDH10</lei>
        <title>ESCO TECHNOLOGIES INC</title>
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          <isin value="US2963151046"/>
          <other otherDesc="Internal" value="2321583"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>633456.72000000</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>
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      </invstOrSec>
      <invstOrSec>
        <name>ADDUS HOMECARE CORPORATION</name>
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        <balance>3697.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>365596.33000000</valUSD>
        <pctVal>0.201678804893</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>EXLSERVICE HOLDINGS, INC.</name>
        <lei>81E3DTNF6OSH489ZOV15</lei>
        <title>EXLSERVICE HOLDINGS INC</title>
        <cusip>302081104</cusip>
        <identifiers>
          <isin value="US3020811044"/>
          <other otherDesc="Internal" value="B07LST0"/>
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        <balance>13129.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>619820.09000000</valUSD>
        <pctVal>0.341919665879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Timothy Plan</ncom:nameOfApplicant>
      <ncom:signature>Greg Ally</ncom:signature>
      <ncom:signerName>Greg Ally</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
