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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Allegiant Travel Co</name>
        <lei>549300JM9OZXOHWL2K18</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bread Financial Holdings Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State Street Global Advisors</name>
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          <isin value="US8574927062"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alpha Metallurgical Resources Inc</name>
        <lei>254900VEBGZO2PY8R678</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kinetik Holdings Inc</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Amentum Holdings Inc</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Assets Trust Inc</name>
        <lei>N/A</lei>
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          <isin value="US0240131047"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dauch Corporation</name>
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        <title>Dauch Corporation</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Eagle Outfitters Inc</name>
        <lei>5299001Z9HXK01DHW793</lei>
        <title>American Eagle Outfitters Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American States Water Co</name>
        <lei>529900L26LIS2V8PWM23</lei>
        <title>American States Water Co</title>
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          <isin value="US0298991011"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Woodmark Corp</name>
        <lei>5299007PFSDWMA74RB56</lei>
        <title>American Woodmark Corp</title>
        <cusip>030506109</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERISAFE Inc</name>
        <lei>2549002B4EXPBLGMNN22</lei>
        <title>AMERISAFE Inc</title>
        <cusip>03071H100</cusip>
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          <isin value="US03071H1005"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ameris Bancorp</name>
        <lei>PBJHNT51T5V6G5UQFV42</lei>
        <title>Ameris Bancorp</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Amneal Pharmaceuticals Inc</name>
        <lei>549300VV176ZO5WQHZ61</lei>
        <title>Amneal Pharmaceuticals Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Amphastar Pharmaceuticals Inc</name>
        <lei>54930055TH0ZLSAQMJ38</lei>
        <title>Amphastar Pharmaceuticals Inc</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Andersons Inc/The</name>
        <lei>L38MWB8MVRFV7HVJPU11</lei>
        <title>Andersons Inc/The</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Apogee Enterprises Inc</name>
        <lei>549300579S7QW8V4IJ60</lei>
        <title>Apogee Enterprises Inc</title>
        <cusip>037598109</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Apollo Commercial Real Estate Finance Inc</name>
        <lei>549300E0AN7M2AQHSY29</lei>
        <title>Apollo Commercial Real Estate Finance Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Astrana Health Inc</name>
        <lei>5493008O4R82Q4STJ936</lei>
        <title>Astrana Health Inc</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Apple Hospitality REIT Inc</name>
        <lei>549300EVZAR0FBZO4F16</lei>
        <title>Apple Hospitality REIT Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Arbor Realty Trust Inc</name>
        <lei>549300ASFUWYQO0RW077</lei>
        <title>Arbor Realty Trust Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ArcBest Corp</name>
        <lei>5493006S3KBNE8ZS3J23</lei>
        <title>ArcBest Corp</title>
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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>Arcosa Inc</name>
        <lei>549300WFHLTCZV7D6V29</lei>
        <title>Arcosa Inc</title>
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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>
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      <invstOrSec>
        <name>Arcus Biosciences Inc</name>
        <lei>N/A</lei>
        <title>Arcus Biosciences Inc</title>
        <cusip>03969F109</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Artisan Partners Asset Management Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Asbury Automotive Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Astec Industries Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Atlantic Union Bankshares Corp</name>
        <lei>N/A</lei>
        <title>Atlantic Union Bankshares Corp</title>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Avanos Medical Inc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Avista Corp</name>
        <lei>Q0IK63NITJD6RJ47SW96</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Axcelis Technologies Inc</name>
        <lei>529900HF9B6NL1QG9F05</lei>
        <title>Axcelis Technologies Inc</title>
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          <isin value="US0545402085"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Balchem Corp</name>
        <lei>549300VR70OPMHUI3557</lei>
        <title>Balchem Corp</title>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BancFirst Corp</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banc of California Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank of Hawaii Corp</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BankUnited Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Banner Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Benchmark Electronics Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Beacon Financial Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BGC Group Inc</name>
        <lei>2549001IGRCG4F0RLD36</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>BioLife Solutions Inc</name>
        <lei>549300G2IVCMC2TJDW72</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>BJ's Restaurants Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Blackstone Mortgage Trust Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Boise Cascade Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Box Inc</name>
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        <title>Box Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Bristow Group Inc</name>
        <lei>5493005Q24EN3UC1PV68</lei>
        <title>Bristow Group Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Azenta Inc</name>
        <lei>35ZN6X1ANPH25YN32Y17</lei>
        <title>Azenta Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Buckle Inc/The</name>
        <lei>5299007IU0461T3GDL34</lei>
        <title>Buckle Inc/The</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSW Industrials Inc</name>
        <lei>549300SYOEO3RVQ7FB83</lei>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CTS Corp</name>
        <lei>549300YV1HQLBVHOI649</lei>
        <title>CTS Corp</title>
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          <isin value="US1265011056"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CVB Financial Corp</name>
        <lei>N/A</lei>
        <title>CVB Financial Corp</title>
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          <isin value="US1266001056"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CVR Energy Inc</name>
        <lei>529900SOYZIXZBTXB558</lei>
        <title>CVR Energy Inc</title>
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          <isin value="US12662P1084"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cable One Inc</name>
        <lei>549300648QS85T0XSH18</lei>
        <title>Cable One Inc</title>
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          <isin value="US12685J1051"/>
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        <balance>25277.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cactus Inc</name>
        <lei>549300J3T8C9F8QFKV08</lei>
        <title>Cactus Inc</title>
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          <isin value="US1272031071"/>
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        <balance>132632.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Caesars Entertainment Inc</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>Caesars Entertainment Inc</title>
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          <isin value="US12769G1004"/>
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        <balance>1068957.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Resources Corp</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>California Resources Corp</title>
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          <isin value="US13057Q3056"/>
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        <balance>411471.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Water Service Group</name>
        <lei>529900QABDOBU6UVRQ36</lei>
        <title>California Water Service Group</title>
        <cusip>130788102</cusip>
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          <isin value="US1307881029"/>
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        <balance>161177.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Callaway Golf Co</name>
        <lei>5493005UB0KFRKBPCU72</lei>
        <title>Callaway Golf Co</title>
        <cusip>131193104</cusip>
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          <isin value="US1311931042"/>
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        <balance>272043.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Capitol Federal Financial Inc</name>
        <lei>N/A</lei>
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          <isin value="US14057J1016"/>
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        <balance>622589.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cargurus Inc</name>
        <lei>54930027BKQN6B7X7G78</lei>
        <title>Cargurus Inc</title>
        <cusip>141788109</cusip>
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          <isin value="US1417881091"/>
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        <balance>211333.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CarMax Inc</name>
        <lei>N/A</lei>
        <title>CarMax Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Carter's Inc</name>
        <lei>5299003WAQK4R3L3ZU36</lei>
        <title>Carter's Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cathay General Bancorp</name>
        <lei>549300K1SLJ8C97H5L68</lei>
        <title>Cathay General Bancorp</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Celanese Corp</name>
        <lei>549300FHJQTDPPN41627</lei>
        <title>Celanese Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Centerspace</name>
        <lei>5493002LG2SH9EEHT720</lei>
        <title>Centerspace</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Central Garden &amp; Pet Co</name>
        <lei>5493004DVZLD37DJ0H83</lei>
        <title>Central Garden &amp; Pet Co</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Central Garden &amp; Pet Co</name>
        <lei>5493004DVZLD37DJ0H83</lei>
        <title>Central Garden &amp; Pet Co</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Central Pacific Financial Corp</name>
        <lei>549300W3YEAOZ4KGG849</lei>
        <title>Central Pacific Financial Corp</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Century Aluminum Co</name>
        <lei>549300U5ODNGEYWKSW73</lei>
        <title>Century Aluminum Co</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Century Communities Inc</name>
        <lei>5299002QMB2O7ZL1CA26</lei>
        <title>Century Communities Inc</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Certara Inc</name>
        <lei>N/A</lei>
        <title>Certara Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cheesecake Factory Inc/The</name>
        <lei>529900872XMLK10SY247</lei>
        <title>Cheesecake Factory Inc/The</title>
        <cusip>163072101</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chemours Co/The</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chesapeake Utilities Corp</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cinemark Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>City Holding Co</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cleanspark Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cogent Communications Holdings Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cohen &amp; Steers Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cohu Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enovis Corp</name>
        <lei>635400OP2DYYYMOIYL17</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Community Financial System Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Comstock Resources Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Concentra Group Holdings Parent Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CONMED Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Core Laboratories Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CoreCivic Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Core Natural Resources Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>QuidelOrtho Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Corsair Gaming Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CorVel Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cracker Barrel Old Country Store Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Customers Bancorp Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cytek Biosciences Inc</name>
        <lei>549300K2J28BOC6FBO89</lei>
        <title>Cytek Biosciences Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>DXC Technology Co</name>
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        <title>DXC Technology Co</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Dana Inc</name>
        <lei>KVWHW7YLZPFJM8QYNJ51</lei>
        <title>Dana Inc</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Deluxe Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DiamondRock Hospitality Co</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dime Community Bancshares Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Diodes Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Donnelley Financial Solutions Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DoubleVerify Holdings Inc</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Douglas Emmett Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dream Finders Homes Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Eagle Bancorp Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Easterly Government Properties Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Eastman Chemical Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Edgewell Personal Care Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Element Solutions Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Embecta Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Employers Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Enact Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Encore Capital Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Energizer Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Enerpac Tool Group Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Enphase Energy Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ePlus Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vestis Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Essential Properties Realty Trust Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ethan Allen Interiors Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>eXp World Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Extreme Networks Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FMC Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FB Financial Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First BanCorp/Puerto Rico</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Bancorp/Southern Pines NC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Commonwealth Financial Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Financial Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Hawaiian Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>First Interstate BancSystem Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fortrea Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Forward Air Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Four Corners Property Trust Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fox Factory Holding Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Franklin BSP Realty Trust Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Franklin Electric Co Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Freshpet Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HB Fuller Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fulton Financial Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GEO Group Inc/The</name>
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        <fairValLevel>1</fairValLevel>
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        <name>G-III Apparel Group Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Genworth Financial Inc</name>
        <lei>549300EMCG286BDNKJ33</lei>
        <title>Genworth Financial Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Gentherm Inc</name>
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        <title>Gentherm Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Getty Realty Corp</name>
        <lei>2549000P1W5SFJWCNP90</lei>
        <title>Getty Realty Corp</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Gibraltar Industries Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Glaukos Corp</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Global Net Lease Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Golden Entertainment Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Goosehead Insurance Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Green Brick Partners Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Greenbrier Cos Inc/The</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Grid Dynamics Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Griffon Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Grocery Outlet Holding Corp</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Group 1 Automotive Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HNI Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hanmi Financial Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HA Sustainable Infrastructure Capital Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Harmonic Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hawaiian Electric Industries Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hawkins Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hayward Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HealthStream Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Heartland Express Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Helix Energy Solutions Group Inc</name>
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        <title>Helix Energy Solutions Group Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Helmerich &amp; Payne Inc</name>
        <lei>254900NAOGHJ88RZ4C73</lei>
        <title>Helmerich &amp; Payne Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Heritage Financial Corp/WA</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Hertz Global Holdings Inc</name>
        <lei>549300NBK3K85MH1EX16</lei>
        <title>Hertz Global Holdings Inc</title>
        <cusip>42806J700</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Hilltop Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Horace Mann Educators Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hub Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>IAC Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ICU Medical Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Crescent Energy Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Independent Bank Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ingevity Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Innovex International Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Insight Enterprises Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Innospec Inc</name>
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        <name>Insteel Industries Inc</name>
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        <name>Insperity Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Innoviva Inc</name>
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        <name>Innovative Industrial Properties Inc</name>
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        <name>Integra LifeSciences Holdings Corp</name>
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        <name>Integer Holdings Corp</name>
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        <name>Interparfums Inc</name>
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        <name>Interface Inc</name>
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        <name>Iridium Communications Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Itron Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JBG SMITH Properties</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Jackson Financial Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JetBlue Airways Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ziff Davis Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kadant Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kaiser Aluminum Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kemper Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kennametal Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kennedy-Wilson Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Knowles Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kohl's Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kontoor Brands Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Koppers Holdings Inc</name>
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        <name>Korn Ferry</name>
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        <name>Kulicke &amp; Soffa Industries Inc</name>
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        <name>LGI Homes Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LKQ Corp</name>
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        <name>LCI Industries</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LTC Properties Inc</name>
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        <name>La-Z-Boy Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lakeland Financial Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lamb Weston Holdings Inc</name>
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        <title>Lamb Weston Holdings Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Leggett &amp; Platt Inc</name>
        <lei>DKOVQUCDW4ZLYCUD4T55</lei>
        <title>Leggett &amp; Platt Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Legalzoom.com Inc</name>
        <lei>5493000L8EBF74Y9JZ48</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LXP Industrial Trust</name>
        <lei>549300S4MH2ICXDBFV43</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Liberty Energy Inc</name>
        <lei>254900PKFJW6RILDCM60</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Life Time Group Holdings Inc</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lincoln National Corp</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
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          <isin value="US5341871094"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lindsay Corp</name>
        <lei>549300ZFO0QG5H8TPI61</lei>
        <title>Lindsay Corp</title>
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          <isin value="US5355551061"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lumen Technologies Inc</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MDU Resources Group Inc</name>
        <lei>N/A</lei>
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          <isin value="US5526901096"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MGE Energy Inc</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>M/I Homes Inc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Macerich Co/The</name>
        <lei>529900PSWCB5KI0JYU46</lei>
        <title>Macerich Co/The</title>
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          <isin value="US5543821012"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Veris Residential Inc</name>
        <lei>254900KTVBRYJCQU2J23</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Steven Madden Ltd</name>
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        <title>Steven Madden Ltd</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Magnolia Oil &amp; Gas Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ManpowerGroup Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MARA Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Marcus &amp; Millichap Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MarineMax Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MarketAxess Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Marriott Vacations Worldwide Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Marten Transport Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Masterbrand Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Match Group Inc</name>
        <lei>15OMOPB0A8K0EFUVD031</lei>
        <title>Match Group Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Materion Corp</name>
        <lei>549300CJ5RI351SUYT02</lei>
        <title>Materion Corp</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Matson Inc</name>
        <lei>549300OI5H3Y0I9I4I12</lei>
        <title>Matson Inc</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Matthews International Corp</name>
        <lei>549300ZVC5O0ATML6U61</lei>
        <title>Matthews International Corp</title>
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          <isin value="US5771281012"/>
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        <balance>162265.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MaxLinear Inc</name>
        <lei>549300EMOI0SM2IY4F64</lei>
        <title>MaxLinear Inc</title>
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          <isin value="US57776J1007"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Medical Properties Trust Inc</name>
        <lei>254900U6E39J1MQCCY14</lei>
        <title>Medical Properties Trust Inc</title>
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          <isin value="US58463J3041"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Merchants Bancorp/IN</name>
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        <title>Merchants Bancorp/IN</title>
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          <isin value="US58844R1086"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Merit Medical Systems Inc</name>
        <lei>549300OYTY138SP2CE83</lei>
        <title>Merit Medical Systems Inc</title>
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          <isin value="US5898891040"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Meritage Homes Corp</name>
        <lei>52990044W9UMFJO2FB97</lei>
        <title>Meritage Homes Corp</title>
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          <isin value="US59001A1025"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Middlesex Water Co</name>
        <lei>N/A</lei>
        <title>Middlesex Water Co</title>
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          <isin value="US5966801087"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MillerKnoll Inc</name>
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        <title>MillerKnoll Inc</title>
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          <isin value="US6005441000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Millrose Properties Inc</name>
        <lei>N/A</lei>
        <title>Millrose Properties Inc</title>
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          <isin value="US6011371027"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minerals Technologies Inc</name>
        <lei>549300D3I1QU67GP6403</lei>
        <title>Minerals Technologies Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mister Car Wash Inc</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Moelis &amp; Co</name>
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        <title>Moelis &amp; Co</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mohawk Industries Inc</name>
        <lei>549300JI1115MG3Q6322</lei>
        <title>Mohawk Industries Inc</title>
        <cusip>608190104</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Molina Healthcare Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Monro Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Mueller Water Products Inc</name>
        <lei>549300F7ZU4P1F8V8L60</lei>
        <title>Mueller Water Products Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>NBT Bancorp Inc</name>
        <lei>N/A</lei>
        <title>NBT Bancorp Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>N-able Inc/US</name>
        <lei>N/A</lei>
        <title>N-able Inc/US</title>
        <cusip>62878D100</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>NCR Voyix Corp</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR Voyix Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>NCR Atleos Corp</name>
        <lei>9845005FC3S0VA714741</lei>
        <title>NCR Atleos Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Napco Security Technologies Inc</name>
        <lei>529900KV21J4YY9YST76</lei>
        <title>Napco Security Technologies Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>National Bank Holdings Corp</name>
        <lei>N/A</lei>
        <title>National Bank Holdings Corp</title>
        <cusip>633707104</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>National Beverage Corp</name>
        <lei>549300O9MZIQJI8TGV17</lei>
        <title>National Beverage Corp</title>
        <cusip>635017106</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Navient Corp</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Neogen Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NeoGenomics Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NetScout Systems Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Atlas Energy Solutions Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rithm Capital Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Newell Brands Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NexPoint Residential Trust Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Northern Oil &amp; Gas Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Northwest Bancshares Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Northwest Natural Holding Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>DNOW Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>O-I Glass Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>OFG Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Oceaneering International Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Omnicell Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Organon &amp; Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Otter Tail Corp</name>
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        <name>Outfront Media Inc</name>
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        <name>Oxford Industries Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PC Connection Inc</name>
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        <name>PRA Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Papa John's International Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Par Pacific Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Park National Corp</name>
        <lei>984500Q3E941TDF87712</lei>
        <title>Park National Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Patrick Industries Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Patterson-UTI Energy Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Paycom Software Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Payoneer Global Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Peabody Energy Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Pebblebrook Hotel Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Penguin Solutions Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Penn Entertainment Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Perdoceo Education Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Phillips Edison &amp; Co Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Phinia Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Photronics Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Piper Sandler Cos</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Pitney Bowes Inc</name>
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        <name>Plexus Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Power Integrations Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Prestige Consumer Healthcare Inc</name>
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        <name>ProAssurance Corp</name>
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        <name>PROG Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Progress Software Corp</name>
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        <name>Provident Financial Services Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Quaker Chemical Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Qorvo Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Q2 Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Quanex Building Products Corp</name>
        <lei>5493000TL30VL5WOAW87</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>QuinStreet Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RPC Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RXO Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Radian Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RadNet Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ralliant Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Redwood Trust Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Renasant Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Upbound Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Resideo Technologies Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>REX American Resources Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Reynolds Consumer Products Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RingCentral Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Robert Half Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rogers Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rush Enterprises Inc</name>
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        <name>S&amp;T Bancorp Inc</name>
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        <name>H2O America</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SL Green Realty Corp</name>
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        <name>SM Energy Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SPS Commerce Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sabre Corp</name>
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        <title>Sabre Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Safehold Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Safety Insurance Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sally Beauty Holdings Inc</name>
        <lei>529900VXW6E8ONDIQ271</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>John B Sanfilippo &amp; Son Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sarepta Therapeutics Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Saul Centers Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ScanSource Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Schneider National Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Scholastic Corp</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Seacoast Banking Corp of Florida</name>
        <lei>549300V6IC06XYQYPG88</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sealed Air Corp</name>
        <lei>Q0M0CZB4YN6JZ65WXI09</lei>
        <title>Sealed Air Corp</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>United Parks &amp; Resorts Inc</name>
        <lei>529900G0H4NV3IIK3269</lei>
        <title>United Parks &amp; Resorts Inc</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Select Medical Holdings Corp</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Semtech Corp</name>
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        <title>Semtech Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ServisFirst Bancshares Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Shenandoah Telecommunications Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Shutterstock Inc</name>
        <lei>529900G2TDIS56V0LO22</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Simmons First National Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Simply Good Foods Co/The</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Six Flags Entertainment Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Champion Homes Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SkyWest Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SolarEdge Technologies Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sonic Automotive Inc</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
        <title>Sonic Automotive Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Southside Bancshares Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>STAAR Surgical Co</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Standard Motor Products Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Stepan Co</name>
        <lei>IZU1EW9GB3WC7CYCSR17</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Stellar Bancorp Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Stewart Information Services Corp</name>
        <lei>529900TV1XI0PLKENU10</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Strategic Education Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Stride Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sun Country Airlines Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sunstone Hotel Investors Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Supernus Pharmaceuticals Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sylvamo Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Tri Pointe Homes Inc</name>
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        <name>Talos Energy Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Tandem Diabetes Care Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Tanger Inc</name>
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        <name>Teleflex Inc</name>
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        <name>Telephone and Data Systems Inc</name>
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        <name>Tennant Co</name>
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        <name>Teradata Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Terreno Realty Corp</name>
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        <name>Metallus Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Titan International Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Tompkins Financial Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Trinity Industries Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Triumph Financial Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Trupanion Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TrustCo Bank Corp NY</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Trustmark Corp</name>
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        <title>Trustmark Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Two Harbors Investment Corp</name>
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        <title>Two Harbors Investment Corp</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>US Physical Therapy Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ultra Clean Holdings Inc</name>
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        <title>Ultra Clean Holdings Inc</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Under Armour Inc</name>
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        <title>Under Armour Inc</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Under Armour Inc</name>
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        <title>Under Armour Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>UniFirst Corp/MA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>United Community Banks Inc/GA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>United Fire Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>United Natural Foods Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Unitil Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Universal Corp/VA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Universal Health Realty Income Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Urban Edge Properties</name>
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        <name>Veeco Instruments Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>State Street Global Advisors</name>
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        <fairValLevel>1</fairValLevel>
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        <name>State Street Global Advisors</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Versant Media Group Inc</name>
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        <title>Versant Media Group Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Pursuit Attractions and Hospitality Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Victoria's Secret &amp; Co</name>
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        <title>Victoria's Secret &amp; Co</title>
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        <name>Victory Capital Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vir Biotechnology Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Virtus Investment Partners Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vishay Intertechnology Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WD-40 Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WSFS Financial Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Walker &amp; Dunlop Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Warrior Met Coal Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WaFd Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Wendy's Co/The</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Werner Enterprises Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Westamerica BanCorp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Western Union Co/The</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Whitestone REIT</name>
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        <fairValLevel>1</fairValLevel>
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        <name>John Wiley &amp; Sons Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WillScot Holdings Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Winmark Corp</name>
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        <name>Winnebago Industries Inc</name>
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        <name>Wolverine World Wide Inc</name>
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        <name>World Acceptance Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>World Kinect Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Worthington Enterprises Inc</name>
        <lei>1WRCIANKYOIK6KYE5E82</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Worthington Steel Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Xenia Hotels &amp; Resorts Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xencor Inc</name>
        <lei>549300V5IF65437JKG30</lei>
        <title>Xencor Inc</title>
        <cusip>98401F105</cusip>
        <identifiers>
          <isin value="US98401F1057"/>
        </identifiers>
        <balance>372084.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4487333.04000000</valUSD>
        <pctVal>0.110462857187</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>Yelp Inc</name>
        <lei>5299007OU2DOSXPQBO35</lei>
        <title>Yelp Inc</title>
        <cusip>985817105</cusip>
        <identifiers>
          <isin value="US9858171054"/>
        </identifiers>
        <balance>128070.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3168451.80000000</valUSD>
        <pctVal>0.077996492698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3018533.46000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZoomInfo Technologies Inc</name>
        <lei>2549008GSAHW4UWFEM58</lei>
        <title>ZoomInfo Technologies Inc</title>
        <cusip>98980F104</cusip>
        <identifiers>
          <isin value="US98980F1049"/>
        </identifiers>
        <balance>588775.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3520874.50000000</valUSD>
        <pctVal>0.086671939346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3339240.62000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adient PLC</name>
        <lei>5493002QLDY8O75RTR78</lei>
        <title>Adient PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE00BD845X29"/>
        </identifiers>
        <balance>407429.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8234140.09000000</valUSD>
        <pctVal>0.202696486468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Assured Guaranty Ltd</name>
        <lei>549300BBOQUJEPH87M14</lei>
        <title>Assured Guaranty Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG0585R1060"/>
        </identifiers>
        <balance>108136.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8810921.28000000</valUSD>
        <pctVal>0.216894875055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cushman &amp; Wakefield Ltd</name>
        <lei>N/A</lei>
        <title>Cushman &amp; Wakefield Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG2717C1064"/>
        </identifiers>
        <balance>1212956.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14870840.56000000</valUSD>
        <pctVal>0.366069449803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fresh Del Monte Produce Inc</name>
        <lei>529900I72V9F0FEZR228</lei>
        <title>Fresh Del Monte Produce Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG367381053"/>
        </identifiers>
        <balance>171543.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6906321.18000000</valUSD>
        <pctVal>0.170010106982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gates Industrial Corp PLC</name>
        <lei>549300S6K4FWUSB9KM27</lei>
        <title>Gates Industrial Corp PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BD9G2S12"/>
        </identifiers>
        <balance>611551.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13827168.11000000</valUSD>
        <pctVal>0.340377788460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ichor Holdings Ltd</name>
        <lei>529900PS8R2JVLJ2H892</lei>
        <title>Ichor Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG4740B1059"/>
        </identifiers>
        <balance>179079.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8346872.19000000</valUSD>
        <pctVal>0.205471566845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alpha &amp; Omega Semiconductor Ltd</name>
        <lei>5493001FE7J03YOV2V35</lei>
        <title>Alpha &amp; Omega Semiconductor Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG6331P1041"/>
        </identifiers>
        <balance>134658.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2984021.28000000</valUSD>
        <pctVal>0.073456441400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Noble Corp PLC</name>
        <lei>549300I3HBUNXO0OG954</lei>
        <title>Noble Corp PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BMXNWH07"/>
        </identifiers>
        <balance>309593.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15191728.51000000</valUSD>
        <pctVal>0.373968618302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1989277.07000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Signet Jewelers Ltd</name>
        <lei>549300N3XPGE91WV7M22</lei>
        <title>Signet Jewelers Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG812761002"/>
        </identifiers>
        <balance>213090.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18035937.60000000</valUSD>
        <pctVal>0.443983359735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="8866464.75000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perrigo Co PLC</name>
        <lei>549300IFOQS6R1QLY196</lei>
        <title>Perrigo Co PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE00BGH1M568"/>
        </identifiers>
        <balance>716026.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7690119.24000000</valUSD>
        <pctVal>0.189304545882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dorian LPG Ltd</name>
        <lei>549300WP1W2WGMC7F395</lei>
        <title>Dorian LPG Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MHY2106R1100"/>
        </identifiers>
        <balance>191294.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6542254.80000000</valUSD>
        <pctVal>0.161048032587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      
      
      
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>SPDR SERIES TRUST</ncom:nameOfApplicant>
      <ncom:signature>Arthur Jensen</ncom:signature>
      <ncom:signerName>Arthur Jensen</ncom:signerName>
      <ncom:title>Deputy Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
