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        <fairValLevel>1</fairValLevel>
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        <name>Ascendis Pharma A/S</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Heico Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CINTAS CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Roku Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tractor Supply Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GE Aerospace</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Gallagher Aj &amp;Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Constellation Energy Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Phillips 66</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Planet Labs Pbc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Intuitive Surgical Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CARNIVAL CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Insulet Corporation</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Block(H&amp;R)Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vistra Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Williams Companies Inc. (The)</name>
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        <name>Goldman Sachs Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Datadog Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SPOTIFY TECHNOLOGY SA</name>
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        <name>Inspire Medical Systems Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Heico Corp</name>
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        <title>Heico Corp CL A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Nordson Corp</name>
        <lei>14OS6Q5N55N95WM84M53</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Comfort Systems USA Inc.</name>
        <lei>5299009DT1ZA5HTU6R38</lei>
        <title>Comfort Systems USA Inc. COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>NetApp Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Synopsys Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SLM CORP (SALLIE MAE)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Amphenol Corporation</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NU HOLDINGS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Interactive Brokers Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AbbVie Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lockheed Martin Corporation</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Travel Plus Leisure Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Alphabet Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Exelixis, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vertiv Holdings Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Costco Wholesale Corporation</name>
        <lei>29DX7H14B9S6O3FD6V18</lei>
        <title>Costco Wholesale Corporation COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Oracle Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Booking Holdings Inc</name>
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        <title>Booking Holdings Inc COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Lyft Inc</name>
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        <title>Lyft Inc CL A COM</title>
        <cusip>55087P104</cusip>
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          <ticker value="LYFT"/>
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        <fairValLevel>1</fairValLevel>
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        <name>HF Sinclair Corp.</name>
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        <title>HF Sinclair Corp. COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Ameriprise Financial, Inc.</name>
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          <ticker value="AMP"/>
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        <name>Cheniere Energy Inc</name>
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        <title>Cheniere Energy Inc COM NEW</title>
        <cusip>16411R208</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Netflix, Inc.</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>Netflix, Inc. COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Docusign Inc</name>
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        <title>Docusign Inc COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Snowflake Inc</name>
        <lei>254900CJNSY1K7T53Z16</lei>
        <title>Snowflake Inc COM SHS</title>
        <cusip>833445109</cusip>
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          <ticker value="SNOW"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Rockwell Automation, Inc.</name>
        <lei>VH3R4HHBHH12O0EXZJ88</lei>
        <title>Rockwell Automation, Inc. COM</title>
        <cusip>773903109</cusip>
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          <ticker value="ROK"/>
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        <name>ExlService Holdings Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Analog Devices Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Meta Platforms Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Regeneron Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Tesla Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Dynatrace Inc</name>
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        <name>NRG Energy, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Morgan Stanley Institutional Liquidity Funds</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Southern Copper Corporation</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Wingstop Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Halozyme Therapeutics Inc</name>
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        <title>Halozyme Therapeutics Inc COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Sprouts Farmers Markets Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>STANDARDAERO INC</name>
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        <title>StandardAero Inc. COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Caris Life Sciences Inc.</name>
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        <title>Caris Life Sciences Inc. COM</title>
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        <name>Rolls-Royce Holdings PLC</name>
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        <name>GE Vernova Inc.</name>
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        <name>Arista Networks Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Anglogold Ashanti PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>Apple Inc.</name>
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        <title>Apple Inc. COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>EOG Resources Inc.</name>
        <lei>XWTZDRYZPBUHIQBKDB46</lei>
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        <name>Lazard Inc</name>
        <lei>254900RIBCDJSUFG1A11</lei>
        <title>Lazard Inc COM</title>
        <cusip>52110M109</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Texas Instruments Inc.</name>
        <lei>WDJNR2L6D8RWOEB8T652</lei>
        <title>Texas Instruments Inc. COM</title>
        <cusip>882508104</cusip>
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        <name>Pegasystems Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Autodesk Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Advanced Micro Devices Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Amgen Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Super Micro Computer Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Microsoft Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hamilton Lane Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>iShares Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Okta Inc.</name>
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        <name>MSCI Inc.</name>
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        <name>BlackRock Liquidity Funds</name>
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        <name>Expedia Group Inc</name>
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        <name>Tradeweb Markets Inc</name>
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        <name>Advanced Drainage System Inc</name>
        <lei>6QQTOZ5MF5DHM7K92I60</lei>
        <title>Advanced Drainage System Inc COM</title>
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        <name>Eli Lilly &amp; Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Alphabet Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Moodys Corp.</name>
        <lei>549300GCEDD8YCF5WU84</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Incyte Corporation.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dell Technologies Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vertex Pharmaceuticals Incorporated</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Palantir Technologies Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fidelity Colchester Street Trust</name>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Servicenow Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>KLA Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TPG Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ACUITY INC</name>
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        <title>Acuity Inc. COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Chipotle Mexican Grill Inc</name>
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        <title>Chipotle Mexican Grill Inc COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Deckers Outdoor Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>IDEXX Laboratories Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Howmet Aerospace Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP</name>
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        <title>Wabtec Corp COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Tapestry Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bristol-Myers Squibb Company</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Iridium Communications, Inc.</name>
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        <name>MasterCard Incorporated</name>
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        <title>MasterCard Incorporated CL A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Johnson Controls International PLC</name>
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          <ticker value="JCI"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>Abiomed Inc</name>
        <lei>5493001EZN4ZTB4Z5887</lei>
        <title>Abiomed Inc USD0.01 SUBS RTS</title>
        <cusip>003CVR016</cusip>
        <identifiers>
          <isin value="US003CVR0169"/>
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        <balance>15699.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16012.98000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Zscaler Inc</name>
        <lei>529900MZ0RTK1BWRNF46</lei>
        <title>Zscaler Inc COM</title>
        <cusip>98980G102</cusip>
        <identifiers>
          <isin value="US98980G1022"/>
          <ticker value="ZS"/>
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        <balance>41617.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5838448.93000000</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>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp. COM</title>
        <cusip>060505104</cusip>
        <identifiers>
          <isin value="US0605051046"/>
          <ticker value="BAC"/>
        </identifiers>
        <balance>107880.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5259150.00000000</valUSD>
        <pctVal>0.310403684981</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>ASML Holding N.V.</name>
        <lei>724500Y6DUVHQD6OXN27</lei>
        <title>ASML Holding N.V. EUR0.09</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0010273215"/>
          <ticker value="ASML"/>
          <other otherDesc="SEDOL" value="B929F46"/>
        </identifiers>
        <balance>7816.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>10393377.97000000</valUSD>
        <pctVal>0.613434266240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Roblox Corporation</name>
        <lei>529900ANZDBDFU91SO19</lei>
        <title>Roblox Corporation CL A</title>
        <cusip>771049103</cusip>
        <identifiers>
          <isin value="US7710491033"/>
          <ticker value="RBLX"/>
        </identifiers>
        <balance>7695.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>435229.20000000</valUSD>
        <pctVal>0.025687943392</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>NVIDIA Corp.</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA Corp. COM</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <isin value="US67066G1040"/>
          <ticker value="NVDA"/>
        </identifiers>
        <balance>1409065.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>245740936.00000000</valUSD>
        <pctVal>14.50403431833</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>Morningstar Inc</name>
        <lei>529900YGNQPOVAXQ7F29</lei>
        <title>Morningstar Inc COM</title>
        <cusip>617700109</cusip>
        <identifiers>
          <isin value="US6177001095"/>
          <ticker value="MORN"/>
        </identifiers>
        <balance>91290.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15432574.50000000</valUSD>
        <pctVal>0.910855935570</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>Dominos Pizza Inc.</name>
        <lei>25490005ZWM1IF9UXU57</lei>
        <title>Dominos Pizza Inc. COM</title>
        <cusip>25754A201</cusip>
        <identifiers>
          <isin value="US25754A2015"/>
          <ticker value="DPZ"/>
        </identifiers>
        <balance>18403.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6602812.37000000</valUSD>
        <pctVal>0.389708848557</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>Fair Isaac Corporation</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>Fair Isaac Corporation COM</title>
        <cusip>303250104</cusip>
        <identifiers>
          <isin value="US3032501047"/>
          <ticker value="FICO"/>
        </identifiers>
        <balance>4553.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4860509.62000000</valUSD>
        <pctVal>0.286875273939</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>Ralph Lauren Corp.</name>
        <lei>HO1QNWM0IXBZ0QSMMO20</lei>
        <title>Ralph Lauren Corp. CL A</title>
        <cusip>751212101</cusip>
        <identifiers>
          <isin value="US7512121010"/>
          <ticker value="RL"/>
        </identifiers>
        <balance>10257.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3528305.43000000</valUSD>
        <pctVal>0.208246390997</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>Amazon.com, Inc.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com, Inc. COM</title>
        <cusip>023135106</cusip>
        <identifiers>
          <isin value="US0231351067"/>
          <ticker value="AMZN"/>
        </identifiers>
        <balance>368615.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>76771446.05000000</valUSD>
        <pctVal>4.531177044827</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>Visa Inc</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>Visa Inc COM CL A</title>
        <cusip>92826C839</cusip>
        <identifiers>
          <isin value="US92826C8394"/>
          <ticker value="V"/>
        </identifiers>
        <balance>24878.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7519126.72000000</valUSD>
        <pctVal>0.443791228950</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>Popular, Inc.</name>
        <lei>5493008CARDZMVQ3LO89</lei>
        <title>Popular, Inc. COM NEW</title>
        <cusip>733174700</cusip>
        <identifiers>
          <isin value="PR7331747001"/>
          <ticker value="BPOP"/>
        </identifiers>
        <balance>71080.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9536803.60000000</valUSD>
        <pctVal>0.562877837747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAGIC LEAP</name>
        <lei>N/A</lei>
        <title>MAGIC LEAP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="TC3DE1LJ1"/>
        </identifiers>
        <balance>2058.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25257.83000000</valUSD>
        <pctVal>0.001490758678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cloudflare Inc</name>
        <lei>5493007DY18BGNLDWU14</lei>
        <title>Cloudflare Inc CL A COM</title>
        <cusip>18915M107</cusip>
        <identifiers>
          <isin value="US18915M1071"/>
          <ticker value="NET"/>
        </identifiers>
        <balance>54654.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11277306.36000000</valUSD>
        <pctVal>0.665605173994</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>Cadence Design Systems, Inc.</name>
        <lei>GCT7RXJOGLXPV0NXZY22</lei>
        <title>Cadence Design Systems, Inc. COM</title>
        <cusip>127387108</cusip>
        <identifiers>
          <isin value="US1273871087"/>
          <ticker value="CDNS"/>
        </identifiers>
        <balance>23208.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6448806.96000000</valUSD>
        <pctVal>0.380619195900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Optimum Fund Trust</ncom:nameOfApplicant>
      <ncom:signature>Dan Geatens</ncom:signature>
      <ncom:signerName>Dan Geatens</ncom:signerName>
      <ncom:title>Division Director - Head of US Fund Administration</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
