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      <regStreet1>380 Lafayette Street</regStreet1>
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      <repPdEnd>2026-10-31</repPdEnd>
      <repPdDate>2026-01-31</repPdDate>
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      <totLiabs>95093517.610000000000</totLiabs>
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      <assetsInvested>0.000000000000</assetsInvested>
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        <name>Watsco Inc</name>
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        <name>WESCO International Inc</name>
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        <name>N/A</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>United Parcel Service Inc</name>
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      <invstOrSec>
        <name>Alimentation Couche-Tard Inc</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <name>Procter &amp; Gamble Co/The</name>
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        <name>Procore Technologies Inc</name>
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        <name>Progressive Corp/The</name>
        <lei>529900TACNVLY9DCR586</lei>
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      <invstOrSec>
        <name>Quanta Services Inc</name>
        <lei>SHVRXXEACT60MMH07S24</lei>
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        <name>Restaurant Brands Internationa</name>
        <lei>5299009RXTX9DN9AKJ98</lei>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>Robinhood Markets Inc</name>
        <lei>213800FS5AO3YWIE6F63</lei>
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        <name>ROBLOX Corp</name>
        <lei>529900ANZDBDFU91SO19</lei>
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        <curCd>USD</curCd>
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        <name>Rollins Inc</name>
        <lei>549300F2A0BXT4SGWD84</lei>
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        <name>Ryder System Inc</name>
        <lei>ZXJ6Y2OSPZXIVGRILD15</lei>
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        <securityLending>
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        <name>N/A</name>
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        <name>N/A</name>
        <lei>N/A</lei>
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        <name>Selective Insurance Group Inc</name>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>Tapestry Inc</name>
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        <name>Teledyne Technologies Inc</name>
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        <name>Somnigroup International Inc</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Tesla Inc</name>
        <lei>54930043XZGB27CTOV49</lei>
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          <isin value="US88160R1014"/>
          <ticker value="TSLA"/>
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        <balance>-4223.000000000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Texas Pacific Land Corp</name>
        <lei>N/A</lei>
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          <isin value="US88262P1021"/>
          <ticker value="TPL"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tractor Supply Co</name>
        <lei>549300OJ9VZHZRO6I137</lei>
        <title>Tractor Supply Co</title>
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          <isin value="US8923561067"/>
          <ticker value="TSCO"/>
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        <balance>166154.000000000000</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>Trimble Inc</name>
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          <isin value="US8962391004"/>
          <ticker value="TRMB"/>
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        <balance>79309.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5361288.400000000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>Tyler Technologies Inc</name>
        <lei>25490040SMU4Z8LBCW70</lei>
        <title>Tyler Technologies Inc</title>
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          <isin value="US9022521051"/>
          <ticker value="TYL"/>
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        <balance>-1919.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-708878.600000000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>United Airlines Holdings Inc</name>
        <lei>98450079DA0B78DD6764</lei>
        <title>United Airlines Holdings Inc</title>
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        <valUSD>-500140.160000000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>N/A</name>
        <lei>N/A</lei>
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        <valUSD>-4858.620000000000</valUSD>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
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              <counterpartyName>BOFA SECURITIES INC.</counterpartyName>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <name>N/A</name>
        <lei>N/A</lei>
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        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <name>N/A</name>
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        <name>Generac Holdings Inc</name>
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        <name>Honeywell International Inc</name>
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        <name>N/A</name>
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            <swapFlag>Y</swapFlag>
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            <unrealizedAppr>19326.810000000000</unrealizedAppr>
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        <securityLending>
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      <invstOrSec>
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        <lei>N/A</lei>
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                  <ticker value="ITT"/>
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            <swapFlag>Y</swapFlag>
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            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.400000000000" pmntAmt="8540.070000000000">
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ITT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <balance>1.000000000000</balance>
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            <descRefInstrmnt>
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                <issueTitle>ITT Inc</issueTitle>
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                  <ticker value="ITT"/>
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            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.400000000000" pmntAmt="1425.330000000000">
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Illinois Tool Works Inc</name>
        <lei>76NA4I14SZCFAYMNSV04</lei>
        <title>Illinois Tool Works Inc</title>
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        <identifiers>
          <isin value="US4523081093"/>
          <ticker value="ITW"/>
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        <balance>-3703.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-967445.780000000000</valUSD>
        <pctVal>-0.6110670670</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>INTEL CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="458140100-TRS-03/02/27-L"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-47488.070000000000</valUSD>
        <pctVal>-0.0299948548</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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                <issueTitle>Intel Corp</issueTitle>
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                  <cusip value="458140100"/>
                  <isin value="US4581401001"/>
                  <ticker value="INTC"/>
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            <swapFlag>Y</swapFlag>
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            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.400000000000" pmntAmt="547.760000000000">
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Interactive Brokers Group Inc</name>
        <lei>5493004DT6DCDUZNDM53</lei>
        <title>Interactive Brokers Group Inc</title>
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          <isin value="US45841N1072"/>
          <ticker value="IBKR"/>
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        <curCd>USD</curCd>
        <valUSD>-1477831.680000000000</valUSD>
        <pctVal>-0.9334417379</pctVal>
        <payoffProfile>Short</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>IFF</name>
        <lei>BZLRL03D3GPGMOGFO832</lei>
        <title>International Flavors &amp; Fragrances Inc</title>
        <cusip>459506101</cusip>
        <identifiers>
          <isin value="US4595061015"/>
          <ticker value="IFF"/>
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        <balance>-18733.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-1307750.730000000000</valUSD>
        <pctVal>-0.8260136324</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Iron Mountain Inc</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain Inc</title>
        <cusip>46284V101</cusip>
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          <isin value="US46284V1017"/>
          <ticker value="IRM"/>
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        <balance>-20860.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-1921831.800000000000</valUSD>
        <pctVal>-1.2138852073</pctVal>
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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>Jones Lang LaSalle Inc</name>
        <lei>6SYKCME112RT8TQUO411</lei>
        <title>Jones Lang LaSalle Inc</title>
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          <isin value="US48020Q1076"/>
          <ticker value="JLL"/>
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        <balance>12274.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <pctVal>2.7747393649</pctVal>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-4605.360000000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <valUSD>-14169.540000000000</valUSD>
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        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <derivativeInfo>
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                  <isin value="US8936411003"/>
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            <swapFlag>Y</swapFlag>
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            <upfrontRcpt>0.000000000000</upfrontRcpt>
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            <curCd>USD</curCd>
            <unrealizedAppr>-5597.340000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Agilent Technologies Inc</title>
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        <identifiers>
          <ticker value="A 9 C150"/>
          <other otherDesc="BBGID" value="BBG01V6LSQS9"/>
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        <balance>80.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>56800.000000000000</valUSD>
        <pctVal>0.0358765423</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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                <issuerName>Agilent Technologies Inc</issuerName>
                <issueTitle>Agilent Technologies Inc</issueTitle>
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                  <isin value="US00846U1016"/>
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            <delta>XXXX</delta>
            <unrealizedAppr>-65361.500000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Adobe Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
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          <other otherDesc="BBGID" value="BBG01XG8DPK9"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>14050.000000000000</valUSD>
        <pctVal>0.0088743912</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <descRefInstrmnt>
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            <delta>XXXX</delta>
            <unrealizedAppr>-960.000000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="BBGID" value="BBG01XVBZ936"/>
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        <valUSD>15535.000000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
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        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <descRefInstrmnt>
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            <delta>XXXX</delta>
            <unrealizedAppr>-416.000000000000</unrealizedAppr>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="BBGID" value="BBG01XHRC095"/>
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        <payoffProfile>N/A</payoffProfile>
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        <derivativeInfo>
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            <descRefInstrmnt>
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            <delta>XXXX</delta>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <payoffProfile>N/A</payoffProfile>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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              <counterpartyName>BOFA SECURITIES INC.</counterpartyName>
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            <swapFlag>Y</swapFlag>
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        <cusip>N/A</cusip>
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          <isin value="DK0062498333"/>
          <ticker value="NOVOB"/>
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        <currencyConditional curCd="DKK" exchangeRt="6.277200000000"/>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Norwegian Cruise Line Holdings</name>
        <lei>N/A</lei>
        <title>Norwegian Cruise Line Holdings Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="BMG667211046"/>
          <ticker value="NCLH"/>
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        <units>NS</units>
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        <valUSD>-471107.880000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <securityLending>
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      <invstOrSec>
        <name>nVent Electric PLC</name>
        <lei>N/A</lei>
        <title>nVent Electric PLC</title>
        <cusip>N/A</cusip>
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          <isin value="IE00BDVJJQ56"/>
          <ticker value="NVT"/>
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        <balance>-8293.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-930972.180000000000</valUSD>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>P&amp;C INSURERS BASKET UBSE</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="UBSEPCSB-TRS-02/03/27-S"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
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        <valUSD>1905.550000000000</valUSD>
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        <assetCat>DE</assetCat>
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        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>UBS ASSET MANAGEMENT (US) INC.</counterpartyName>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="UBSEPCSB-TRS-02/23/27-S"/>
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        <balance>1.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-2512.520000000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <derivativeInfo>
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              <counterpartyName>UBS ASSET MANAGEMENT (US) INC.</counterpartyName>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Workday Inc</title>
        <cusip>N/A</cusip>
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          <other otherDesc="BBGID" value="BBG01RZN1SC4"/>
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        <balance>34.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>34510.000000000000</valUSD>
        <pctVal>0.0217975259</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Workday Inc</issuerName>
                <issueTitle>Workday Inc</issueTitle>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>2141.360000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Workday Inc</title>
        <cusip>N/A</cusip>
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          <other otherDesc="BBGID" value="BBG01X8Y7Z17"/>
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        <balance>9.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>11610.000000000000</valUSD>
        <pctVal>0.0073332158</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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            <delta>XXXX</delta>
            <unrealizedAppr>-4698.000000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Workday Inc</title>
        <cusip>N/A</cusip>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>16150.000000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>
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        <derivativeInfo>
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            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ARITZIA INC SUB VTG SHS</title>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <lei>549300QP2IEEGFE16681</lei>
        <title>Axon Enterprise Inc</title>
        <cusip>05464C101</cusip>
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          <isin value="US05464C1018"/>
          <ticker value="AXON"/>
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        <balance>-903.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-436672.740000000000</valUSD>
        <pctVal>-0.2758152818</pctVal>
        <payoffProfile>Short</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>N/A</name>
        <lei>N/A</lei>
        <title>BWX TECHNOLOGIES, INC. CMN</title>
        <cusip>N/A</cusip>
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          <other otherDesc="USER DEFINED" value="05605H100-TRS-08/18/26-L"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>58841.960000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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              <otherRefInst>
                <issuerName>BWX Technologies Inc</issuerName>
                <issueTitle>BWX Technologies Inc</issueTitle>
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                  <cusip value="05605H100"/>
                  <isin value="US05605H1005"/>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
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            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.400000000000" pmntAmt="3359.550000000000">
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            <unrealizedAppr>58841.960000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BWX TECHNOLOGIES INC(NYS)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="05605H100-TRS-10/09/26-L"/>
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        <balance>1.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18785.830000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
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                  <isin value="US05605H1005"/>
                  <ticker value="BWXT"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.500000000000" pmntAmt="1347.620000000000">
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            <unrealizedAppr>18785.830000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="05605H100-TRS-10/14/26-L"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>16526.330000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BWX Technologies Inc</issuerName>
                <issueTitle>BWX Technologies Inc</issueTitle>
                <identifiers>
                  <cusip value="05605H100"/>
                  <isin value="US05605H1005"/>
                  <ticker value="BWXT"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.400000000000" pmntAmt="1357.180000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="257" resetDt="Day" resetDtUnit="257"/>
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            <terminationDt>2026-10-14</terminationDt>
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            <notionalAmt>100044.410000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>16526.330000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Becton Dickinson &amp; Co</name>
        <lei>ICE2EP6D98PQUILVRZ91</lei>
        <title>Becton Dickinson &amp; Co</title>
        <cusip>075887109</cusip>
        <identifiers>
          <isin value="US0758871091"/>
          <ticker value="BDX"/>
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        <balance>-3705.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-753893.400000000000</valUSD>
        <pctVal>-0.4761811342</pctVal>
        <payoffProfile>Short</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>Bentley Systems Inc</name>
        <lei>549300WVEHPGE0Z56F71</lei>
        <title>Bentley Systems Inc</title>
        <cusip>08265T208</cusip>
        <identifiers>
          <isin value="US08265T2087"/>
          <ticker value="BSY"/>
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        <balance>-16352.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-574282.240000000000</valUSD>
        <pctVal>-0.3627334692</pctVal>
        <payoffProfile>Short</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>Bio-Techne Corp</name>
        <lei>54930073RLKQ51TILZ35</lei>
        <title>Bio-Techne Corp</title>
        <cusip>09073M104</cusip>
        <identifiers>
          <isin value="US09073M1045"/>
          <ticker value="TECH"/>
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        <balance>43244.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2771507.960000000000</valUSD>
        <pctVal>1.7505655358</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>Blackstone Inc</name>
        <lei>5299004LW4QWGZUB8Y96</lei>
        <title>Blackstone Inc</title>
        <cusip>09260D107</cusip>
        <identifiers>
          <isin value="US09260D1072"/>
          <ticker value="BX"/>
        </identifiers>
        <balance>-16463.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-2344660.460000000000</valUSD>
        <pctVal>-1.4809561631</pctVal>
        <payoffProfile>Short</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>Bloom Energy Corp</name>
        <lei>549300XB5J9BFW5JXV97</lei>
        <title>Bloom Energy Corp</title>
        <cusip>093712107</cusip>
        <identifiers>
          <isin value="US0937121079"/>
          <ticker value="BE"/>
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        <balance>-1513.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-229022.810000000000</valUSD>
        <pctVal>-0.1446575092</pctVal>
        <payoffProfile>Short</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>Boeing Co/The</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The</title>
        <cusip>097023105</cusip>
        <identifiers>
          <isin value="US0970231058"/>
          <ticker value="BA"/>
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        <balance>-1246.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-291215.120000000000</valUSD>
        <pctVal>-0.1839399922</pctVal>
        <payoffProfile>Short</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>Booz Allen Hamilton Holding Co</name>
        <lei>529900JPV47PIUWMA015</lei>
        <title>Booz Allen Hamilton Holding Corp</title>
        <cusip>099502106</cusip>
        <identifiers>
          <isin value="US0995021062"/>
          <ticker value="BAH"/>
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        <balance>-6587.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-582422.540000000000</valUSD>
        <pctVal>-0.3678751209</pctVal>
        <payoffProfile>Short</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>Brinker International Inc</name>
        <lei>52990067JY6PBGJNTG76</lei>
        <title>Brinker International Inc</title>
        <cusip>109641100</cusip>
        <identifiers>
          <isin value="US1096411004"/>
          <ticker value="EAT"/>
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        <balance>-4265.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-672675.800000000000</valUSD>
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        <payoffProfile>Short</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>Brown &amp; Brown Inc</name>
        <lei>549300PC8KTJ71XKFY89</lei>
        <title>Brown &amp; Brown Inc</title>
        <cusip>115236101</cusip>
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          <isin value="US1152361010"/>
          <ticker value="BRO"/>
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        <balance>96238.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6938759.800000000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Burlington Stores Inc</name>
        <lei>5299003Z37DVGKKC1W09</lei>
        <title>Burlington Stores Inc</title>
        <cusip>122017106</cusip>
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          <isin value="US1220171060"/>
          <ticker value="BURL"/>
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        <balance>-1920.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-568051.200000000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <name>Cloudflare Inc</name>
        <lei>5493007DY18BGNLDWU14</lei>
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        <name>Coca-Cola Co/The</name>
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        <name>N/A</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>DaVita Inc</name>
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        <name>Dexcom Inc</name>
        <lei>549300YSK3QDSFR5EU59</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Dick's Sporting Goods Inc</name>
        <lei>529900SSBV5I4LWSK313</lei>
        <title>Dick's Sporting Goods Inc</title>
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          <isin value="US2533931026"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Dover Corp</name>
        <lei>549300FMC2ALGA7N9E80</lei>
        <title>Dover Corp</title>
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        <invCountry>US</invCountry>
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        <name>Duolingo Inc</name>
        <lei>N/A</lei>
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        <name>Dutch Bros Inc</name>
        <lei>N/A</lei>
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        <name>N/A</name>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
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                <rtResetTenor rateTenor="Day" rateTenorUnit="208" resetDt="Day" resetDtUnit="208"/>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="790148100-TRS-09/01/26-L"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>41352.530000000000</valUSD>
        <pctVal>0.0261194681</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ST JOE CO</title>
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          <other otherDesc="USER DEFINED" value="790148100-TRS-09/02/26-L"/>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
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          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>JPSEFLAG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="JPSEFLAG-TRS-12/07/26-S"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-151903.680000000000</valUSD>
        <pctVal>-0.0959468098</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>J.P. MORGAN SECURITIES LLC</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>FLAGSHIP BASKET JPSEFLAG</indexName>
                <indexIdentifier>JPSEFLAG</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.200000000000" pmntAmt="66694.620000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="311" resetDt="Day" resetDtUnit="311"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
            <terminationDt>2026-12-07</terminationDt>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-7541183.520000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-151903.680000000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-03-27</ncom:dateSigned>
      <ncom:nameOfApplicant>SEG Partners Long/Short Equity Fund</ncom:nameOfApplicant>
      <ncom:signature>/s/ Troy Statczar</ncom:signature>
      <ncom:signerName>Troy Statczar</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
