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        <lei>5493005HZXZ3SPNVCV76</lei>
        <title>NETSCOUT SYSTEMS INC COM</title>
        <cusip>64115T104</cusip>
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          <isin value="US64115T1043"/>
          <ticker value="NTCT"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOISE CASCADE COMPANY</name>
        <lei>549300Z8B8LSRHC7XA55</lei>
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        <cusip>09739D100</cusip>
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          <isin value="US09739D1000"/>
          <ticker value="BCC"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARRAY DIGITAL INFRASTRUCTURE INC</name>
        <lei>549300B164AZXESI6E03</lei>
        <title>ARRAY DIGITAL INFRASTRUCTURE INC COM</title>
        <cusip>911684108</cusip>
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          <isin value="US9116841084"/>
          <ticker value="AD"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTAMERICA BANCORP</name>
        <lei>984500CF4F8115C11D96</lei>
        <title>WESTAMERICA BANCORP COM</title>
        <cusip>957090103</cusip>
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          <isin value="US9570901036"/>
          <ticker value="WABC"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CARGURUS INC</name>
        <lei>54930027BKQN6B7X7G78</lei>
        <title>CARGURUS INC COM CL A</title>
        <cusip>141788109</cusip>
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          <isin value="US1417881091"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OTTER TAIL CORP</name>
        <lei>N/A</lei>
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        <cusip>689648103</cusip>
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          <isin value="US6896481032"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NCR VOYIX CORP</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR VOYIX CORP COM</title>
        <cusip>62886E108</cusip>
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          <isin value="US62886E1082"/>
          <ticker value="VYX"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIRSTSUN CAPITAL BANCORP</name>
        <lei>N/A</lei>
        <title>FIRSTSUN CAPITAL BANCORP COM</title>
        <cusip>33767U107</cusip>
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          <isin value="US33767U1079"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>APOLLO COMMERCIAL REAL ESTATE FINANCE INC</name>
        <lei>549300E0AN7M2AQHSY29</lei>
        <title>APOLLO COMMERCIAL REAL ESTATE FINANCE INC COM</title>
        <cusip>03762U105</cusip>
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          <isin value="US03762U1051"/>
          <ticker value="ARI"/>
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        <balance>60533.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRUSTMARK CORP</name>
        <lei>5493000HPQ4D2RZ79739</lei>
        <title>TRUSTMARK CORP COM</title>
        <cusip>898402102</cusip>
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          <isin value="US8984021027"/>
          <ticker value="TRMK"/>
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        <balance>15267.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TIC SOLUTIONS INC</name>
        <lei>N/A</lei>
        <title>TIC SOLUTIONS INC COM</title>
        <cusip>00510N102</cusip>
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          <isin value="US00510N1028"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>XENIA HOTELS &amp; RESORTS INC</name>
        <lei>54930075IWIPHF5IQL62</lei>
        <title>XENIA HOTELS &amp; RESORTS INC COM</title>
        <cusip>984017103</cusip>
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          <isin value="US9840171030"/>
          <ticker value="XHR"/>
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        <balance>58947.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WORTHINGTON ENTERPRISES INC</name>
        <lei>1WRCIANKYOIK6KYE5E82</lei>
        <title>WORTHINGTON ENTERPRISES INC COM</title>
        <cusip>981811102</cusip>
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          <isin value="US9818111026"/>
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        <balance>4085.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLACKSTONE MORTGAGE TRUST INC</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
        <title>BLACKSTONE MORTGAGE TRUST INC COM CL A</title>
        <cusip>09257W100</cusip>
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          <isin value="US09257W1009"/>
          <ticker value="BXMT"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GREIF INC</name>
        <lei>54930070FVGKR0Z1FI24</lei>
        <title>GREIF INC CL A</title>
        <cusip>397624107</cusip>
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          <ticker value="GEF"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIRST MERCHANTS CORP</name>
        <lei>TZTBT0OTGQ2FEK6XMX94</lei>
        <title>FIRST MERCHANTS CORP COM</title>
        <cusip>320817109</cusip>
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          <ticker value="FRME"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANKUNITED INC</name>
        <lei>96OVUWEW5D4YX6PFXD91</lei>
        <title>BANKUNITED INC COM</title>
        <cusip>06652K103</cusip>
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          <isin value="US06652K1034"/>
          <ticker value="BKU"/>
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        <balance>9618.00000000</balance>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>FULTON FINANCIAL CORP</name>
        <lei>5493005QLZ6O1BNC0C11</lei>
        <title>FULTON FINANCIAL CORP COM</title>
        <cusip>360271100</cusip>
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          <isin value="US3602711000"/>
          <ticker value="FULT"/>
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      <invstOrSec>
        <name>DOUGLAS EMMETT INC</name>
        <lei>N/A</lei>
        <title>DOUGLAS EMMETT INC COM</title>
        <cusip>25960P109</cusip>
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          <isin value="US25960P1093"/>
          <ticker value="DEI"/>
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        <name>ARMOUR RESIDENTIAL REIT INC</name>
        <lei>549300K0WA0EJUX74V72</lei>
        <title>ARMOUR RESIDENTIAL REIT INC COM SHS</title>
        <cusip>042315705</cusip>
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          <isin value="US0423157058"/>
          <ticker value="ARR"/>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PHOTRONICS INC</name>
        <lei>549300OK5JVNIBNY6F63</lei>
        <title>PHOTRONICS INC COM</title>
        <cusip>719405102</cusip>
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          <isin value="US7194051022"/>
          <ticker value="PLAB"/>
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        <balance>15916.00000000</balance>
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        <name>TIDEWATER INC</name>
        <lei>2549000JA5GRUPLMUH98</lei>
        <title>TIDEWATER INC COM</title>
        <cusip>88642R109</cusip>
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          <isin value="US88642R1095"/>
          <ticker value="TDW"/>
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        <balance>10462.00000000</balance>
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      <invstOrSec>
        <name>REX AMERICAN RESOURCES CORP</name>
        <lei>N/A</lei>
        <title>REX AMERICAN RESOURCES CORP COM</title>
        <cusip>761624105</cusip>
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          <isin value="US7616241052"/>
          <ticker value="REX"/>
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        <balance>9530.00000000</balance>
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        <valUSD>462205.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>RENASANT CORP</name>
        <lei>549300OVE6OZHW2UUH81</lei>
        <title>RENASANT CORP COM</title>
        <cusip>75970E107</cusip>
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        <name>BANC OF CALIFORNIA INC</name>
        <lei>549300ZKWUJDP6LJ1X87</lei>
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        <name>ORIGIN BANCORP INC</name>
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        <name>ACADEMY SPORTS AND OUTDOORS INC</name>
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        <name>INTERNATIONAL SEAWAYS INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>SPECTRUM BRANDS HOLDINGS INC</name>
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        <name>DORIAN LPG LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>BRISTOW GROUP INC</name>
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        <name>WEIS MARKETS INC</name>
        <lei>N/A</lei>
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        <name>CNO FINANCIAL GROUP INC</name>
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        <name>TRICO BANCSHARES</name>
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        <name>AMERICAN ASSETS TRUST INC</name>
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        <name>ASSURED GUARANTY LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>COMMUNITY TRUST BANCORP INC</name>
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        <name>MEDICAL PROPERTIES TRUST INC</name>
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        <name>FIRST COMMONWEALTH FINANCIAL CORP</name>
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        <name>1ST SOURCE CORP</name>
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        <name>SONIC AUTOMOTIVE INC</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
        <title>SONIC AUTOMOTIVE INC CL A</title>
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        <name>AMERESCO INC</name>
        <lei>529900NZXZGBCBXYY327</lei>
        <title>AMERESCO INC CL A</title>
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      <invstOrSec>
        <name>ABM INDUSTRIES INC</name>
        <lei>QF02R89VEIOROM77J447</lei>
        <title>ABM INDUSTRIES INC COM</title>
        <cusip>000957100</cusip>
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          <isin value="US0009571003"/>
          <ticker value="ABM"/>
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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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      <invstOrSec>
        <name>COTY INC</name>
        <lei>549300BO9IWPF3S48F93</lei>
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        <cusip>222070203</cusip>
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          <isin value="US2220702037"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ENTERPRISE FINANCIAL SERVICES CORP</name>
        <lei>5493001XTU5DLD632129</lei>
        <title>ENTERPRISE FINANCIAL SERVICES CORP COM</title>
        <cusip>293712105</cusip>
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          <isin value="US2937121059"/>
          <ticker value="EFSC"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAFETY INSURANCE GROUP INC</name>
        <lei>254900LDCFLA3J746840</lei>
        <title>SAFETY INSURANCE GROUP INC COM</title>
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          <isin value="US78648T1007"/>
          <ticker value="SAFT"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WALKER &amp; DUNLOP INC</name>
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          <isin value="US93148P1021"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PEBBLEBROOK HOTEL TRUST</name>
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        <title>PEBBLEBROOK HOTEL TRUST COM</title>
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          <isin value="US70509V1008"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STEPAN COMPANY</name>
        <lei>IZU1EW9GB3WC7CYCSR17</lei>
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          <isin value="US8585861003"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HNI CORP</name>
        <lei>549300SKRADLC4O5HV93</lei>
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          <isin value="US4042511000"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GETTY REALTY CORP</name>
        <lei>2549000P1W5SFJWCNP90</lei>
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          <isin value="US3742971092"/>
          <ticker value="GTY"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KEMPER CORP</name>
        <lei>549300FNI1JKTRY2PV09</lei>
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          <isin value="US4884011002"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GERMAN AMERICAN BANCORP INC</name>
        <lei>5493002JDOI3GTNVUD76</lei>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PATTERSON-UTI ENERGY INC</name>
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        <assetCat>EC</assetCat>
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        <name>FRESH DEL MONTE PRODUCE INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>HOPE BANCORP INC</name>
        <lei>549300UTF4QGMBHIZ219</lei>
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        <name>SALLY BEAUTY HOLDINGS INC</name>
        <lei>529900VXW6E8ONDIQ271</lei>
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        <name>LA-Z-BOY INC</name>
        <lei>549300WNO1WMN9ZG2519</lei>
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        <name>INNOVIVA INC</name>
        <lei>549300ACOX4QTBES6535</lei>
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        <name>SURGERY PARTNERS INC</name>
        <lei>549300LC82HG33S19I03</lei>
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        <name>KORN FERRY</name>
        <lei>549300FOD20OM0GT5G40</lei>
        <title>KORN FERRY COM NEW</title>
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          <ticker value="KFY"/>
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        <name>J &amp; J SNACK FOODS CORP</name>
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        <title>J &amp; J SNACK FOODS CORP COM</title>
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          <ticker value="JJSF"/>
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        <name>EVERFORTH INC</name>
        <lei>LZBNYYCBUKY537072438</lei>
        <title>EVERFORTH INC COM</title>
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          <ticker value="EFOR"/>
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        <name>LEVI STRAUSS &amp; COMPANY</name>
        <lei>MB0UERO0RDFKU8258G77</lei>
        <title>LEVI STRAUSS &amp; COMPANY CL A COM STK</title>
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          <ticker value="LEVI"/>
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        <valUSD>523357.20000000</valUSD>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>AMERICOLD REALTY TRUST INC</name>
        <lei>894500O3S3W62PQPO460</lei>
        <title>AMERICOLD REALTY TRUST INC COM</title>
        <cusip>03064D108</cusip>
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          <ticker value="COLD"/>
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        <balance>18592.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>227380.16000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
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      </invstOrSec>
      <invstOrSec>
        <name>WORTHINGTON STEEL INC</name>
        <lei>2549009ZUUWL3QLK6G24</lei>
        <title>WORTHINGTON STEEL INC COM SHS</title>
        <cusip>982104101</cusip>
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          <isin value="US9821041012"/>
          <ticker value="WS"/>
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        <balance>28805.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>CACTUS INC</name>
        <lei>549300J3T8C9F8QFKV08</lei>
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        <cusip>127203107</cusip>
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          <isin value="US1272031071"/>
          <ticker value="WHD"/>
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        <balance>4499.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250684.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PAR PACIFIC HOLDINGS INC</name>
        <lei>549300BTNS7MHSHRLR55</lei>
        <title>PAR PACIFIC HOLDINGS INC COM NEW</title>
        <cusip>69888T207</cusip>
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          <isin value="US69888T2078"/>
          <ticker value="PARR"/>
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        <balance>17444.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1145547.48000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SYLVAMO CORP</name>
        <lei>5493001AOYU1ZOWOC971</lei>
        <title>SYLVAMO CORP COMMON STOCK</title>
        <cusip>871332102</cusip>
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          <isin value="US8713321029"/>
          <ticker value="SLVM"/>
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        <balance>20694.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADVANCE AUTO PARTS INC</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>ADVANCE AUTO PARTS INC COM</title>
        <cusip>00751Y106</cusip>
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          <isin value="US00751Y1064"/>
          <ticker value="AAP"/>
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        <balance>8235.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OLIN CORP</name>
        <lei>549300GKK294V7W57P06</lei>
        <title>OLIN CORP COM PAR $1</title>
        <cusip>680665205</cusip>
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          <isin value="US6806652052"/>
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        <balance>7166.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BYLINE BANCORP INC</name>
        <lei>549300W7ODP4YL2H4823</lei>
        <title>BYLINE BANCORP INC COM</title>
        <cusip>124411109</cusip>
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          <isin value="US1244111092"/>
          <ticker value="BY"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WENDY'S COMPANY (THE)</name>
        <lei>529900M0JIUCMWVKHG76</lei>
        <title>WENDY'S COMPANY (THE) COM</title>
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          <isin value="US95058W1009"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>HUB GROUP INC</name>
        <lei>N/A</lei>
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        <cusip>443320106</cusip>
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          <isin value="US4433201062"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARLEY-DAVIDSON INC</name>
        <lei>ZDNAWZWXIKMWI51R2A08</lei>
        <title>HARLEY-DAVIDSON INC COM</title>
        <cusip>412822108</cusip>
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          <isin value="US4128221086"/>
          <ticker value="HOG"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AZENTA INC</name>
        <lei>35ZN6X1ANPH25YN32Y17</lei>
        <title>AZENTA INC COM</title>
        <cusip>114340102</cusip>
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          <isin value="US1143401024"/>
          <ticker value="AZTA"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAVCO INDUSTRIES INC</name>
        <lei>N/A</lei>
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        <cusip>149568107</cusip>
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          <isin value="US1495681074"/>
          <ticker value="CVCO"/>
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        <balance>440.00000000</balance>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HELMERICH &amp; PAYNE INC</name>
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        <title>HELMERICH &amp; PAYNE INC COM</title>
        <cusip>423452101</cusip>
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          <isin value="US4234521015"/>
          <ticker value="HP"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITI GROUP INC</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>INSIGHT ENTERPRISES INC</name>
        <lei>529900S8991TYW6YP792</lei>
        <title>INSIGHT ENTERPRISES INC COM</title>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>MGE ENERGY INC</name>
        <lei>549300BYWGHSXX2TEO67</lei>
        <title>MGE ENERGY INC COM</title>
        <cusip>55277P104</cusip>
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          <ticker value="MGEE"/>
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        <name>EURONET WORLDWIDE INC</name>
        <lei>YG3575C4DSHJPA5KET68</lei>
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          <ticker value="EEFT"/>
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        <name>CORECIVIC INC</name>
        <lei>529900JFA3K6PTLT8B15</lei>
        <title>CORECIVIC INC COM</title>
        <cusip>21871N101</cusip>
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          <ticker value="CXW"/>
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        <name>BROADSTONE NET LEASE INC</name>
        <lei>549300U8D7PT70B49V21</lei>
        <title>BROADSTONE NET LEASE INC COM</title>
        <cusip>11135E203</cusip>
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          <ticker value="BNL"/>
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        <name>BRIGHTVIEW HOLDINGS INC</name>
        <lei>549300F8QN8YHVI7L866</lei>
        <title>BRIGHTVIEW HOLDINGS INC COM</title>
        <cusip>10948C107</cusip>
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          <isin value="US10948C1071"/>
          <ticker value="BV"/>
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        <balance>92679.00000000</balance>
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        <name>DOUBLEVERIFY HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>DOUBLEVERIFY HOLDINGS INC COM</title>
        <cusip>25862V105</cusip>
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          <isin value="US25862V1052"/>
          <ticker value="DV"/>
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        <balance>45718.00000000</balance>
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        <name>PHINIA INC</name>
        <lei>254900HG6MORZE1FFM18</lei>
        <title>PHINIA INC COMMON STOCK</title>
        <cusip>71880K101</cusip>
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          <ticker value="PHIN"/>
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        <balance>9399.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>678137.85000000</valUSD>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LENDINGCLUB CORP</name>
        <lei>549300YC50YO7Y1OJR92</lei>
        <title>LENDINGCLUB CORP COM NEW</title>
        <cusip>52603A208</cusip>
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          <ticker value="LC"/>
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        <balance>44639.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>761987.73000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WOLVERINE WORLD WIDE INC</name>
        <lei>549300OVC7PK14LQ8D87</lei>
        <title>WOLVERINE WORLD WIDE INC COM</title>
        <cusip>978097103</cusip>
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          <isin value="US9780971035"/>
          <ticker value="WWW"/>
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        <balance>26614.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BUCKLE INC (THE)</name>
        <lei>5299007IU0461T3GDL34</lei>
        <title>BUCKLE INC (THE) COM</title>
        <cusip>118440106</cusip>
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          <isin value="US1184401065"/>
          <ticker value="BKE"/>
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        <balance>8625.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CONMED CORP</name>
        <lei>Z6C0YCECH9DCU5ZIQW84</lei>
        <title>CONMED CORP COM</title>
        <cusip>207410101</cusip>
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          <isin value="US2074101013"/>
          <ticker value="CNMD"/>
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        <balance>18078.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>662739.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CONCENTRA GROUP HOLDINGS PARENT INC</name>
        <lei>N/A</lei>
        <title>CONCENTRA GROUP HOLDINGS PARENT INC COMMON STOCK</title>
        <cusip>20603L102</cusip>
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          <isin value="US20603L1026"/>
          <ticker value="CON"/>
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        <balance>9935.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OCEANEERING INTERNATIONAL INC</name>
        <lei>549300L6PH74701W0R30</lei>
        <title>OCEANEERING INTERNATIONAL INC COM</title>
        <cusip>675232102</cusip>
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          <isin value="US6752321025"/>
          <ticker value="OII"/>
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        <balance>18136.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CTS CORP</name>
        <lei>549300YV1HQLBVHOI649</lei>
        <title>CTS CORP COM</title>
        <cusip>126501105</cusip>
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          <isin value="US1265011056"/>
          <ticker value="CTS"/>
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        <balance>4461.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>254723.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IAC INC</name>
        <lei>549300TO56L57RP6P031</lei>
        <title>IAC INC COM NEW</title>
        <cusip>44891N208</cusip>
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          <isin value="US44891N2080"/>
          <ticker value="IAC"/>
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        <balance>5324.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CATHAY GENERAL BANCORP</name>
        <lei>549300K1SLJ8C97H5L68</lei>
        <title>CATHAY GENERAL BANCORP COM</title>
        <cusip>149150104</cusip>
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          <isin value="US1491501045"/>
          <ticker value="CATY"/>
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        <balance>12903.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>722955.09000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PROVIDENT FINANCIAL SERVICES INC</name>
        <lei>529900JOSO3SXEDVE477</lei>
        <title>PROVIDENT FINANCIAL SERVICES INC COM</title>
        <cusip>74386T105</cusip>
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          <isin value="US74386T1051"/>
          <ticker value="PFS"/>
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        <balance>41312.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>936956.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARCBEST CORP</name>
        <lei>5493006S3KBNE8ZS3J23</lei>
        <title>ARCBEST CORP COM</title>
        <cusip>03937C105</cusip>
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          <isin value="US03937C1053"/>
          <ticker value="ARCB"/>
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        <balance>4415.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>563221.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CVB FINANCIAL CORP</name>
        <lei>N/A</lei>
        <title>CVB FINANCIAL CORP COM</title>
        <cusip>126600105</cusip>
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          <isin value="US1266001056"/>
          <ticker value="CVBF"/>
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        <balance>22399.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456267.63000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DIEBOLD NIXDORF INC</name>
        <lei>549300XZK6EWDBAZSY16</lei>
        <title>DIEBOLD NIXDORF INC COM SHS</title>
        <cusip>253651202</cusip>
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          <isin value="US2536512021"/>
          <ticker value="DBD"/>
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        <balance>2823.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>216834.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>NEWELL BRANDS INC</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>NEWELL BRANDS INC COM</title>
        <cusip>651229106</cusip>
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          <isin value="US6512291062"/>
          <ticker value="NWL"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>MASTERBRAND INC</name>
        <lei>549300E0Y4BR5Z9RDZ64</lei>
        <title>MASTERBRAND INC COMMON STOCK</title>
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          <ticker value="MBC"/>
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      <invstOrSec>
        <name>LGI HOMES INC</name>
        <lei>549300W02B4WNV8CV109</lei>
        <title>LGI HOMES INC COM</title>
        <cusip>50187T106</cusip>
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          <ticker value="LGIH"/>
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        <balance>22113.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>LINDSAY CORP</name>
        <lei>549300ZFO0QG5H8TPI61</lei>
        <title>LINDSAY CORP COM</title>
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        <assetCat>EC</assetCat>
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        <name>ARBOR REALTY TRUST INC</name>
        <lei>549300ASFUWYQO0RW077</lei>
        <title>ARBOR REALTY TRUST INC COM</title>
        <cusip>038923108</cusip>
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          <isin value="US0389231087"/>
          <ticker value="ABR"/>
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        <balance>113378.00000000</balance>
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      <invstOrSec>
        <name>SIMPLY GOOD FOODS COMPANY (THE)</name>
        <lei>N/A</lei>
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        <cusip>82900L102</cusip>
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          <ticker value="SMPL"/>
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        <name>SIGNET JEWELERS LTD</name>
        <lei>549300N3XPGE91WV7M22</lei>
        <title>SIGNET JEWELERS LTD SHS</title>
        <cusip>000000000</cusip>
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          <isin value="BMG812761002"/>
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        <balance>10329.00000000</balance>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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        <name>MANPOWERGROUP INC</name>
        <lei>ERO1WSFOSR0JJ6CRQ987</lei>
        <title>MANPOWERGROUP INC COM</title>
        <cusip>56418H100</cusip>
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          <isin value="US56418H1005"/>
          <ticker value="MAN"/>
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        <name>SUNSTONE HOTEL INVESTORS INC</name>
        <lei>529900ZQ2V52V96ATF67</lei>
        <title>SUNSTONE HOTEL INVESTORS INC COM</title>
        <cusip>867892101</cusip>
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          <isin value="US8678921011"/>
          <ticker value="SHO"/>
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        <balance>48204.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <name>WSFS FINANCIAL CORP</name>
        <lei>549300SU7VQHD6QRG886</lei>
        <title>WSFS FINANCIAL CORP COM</title>
        <cusip>929328102</cusip>
        <identifiers>
          <isin value="US9293281021"/>
          <ticker value="WSFS"/>
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        <balance>6637.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477664.89000000</valUSD>
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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>INNOSPEC INC</name>
        <lei>213800SQBACNY5IWJO68</lei>
        <title>INNOSPEC INC COM</title>
        <cusip>45768S105</cusip>
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          <isin value="US45768S1050"/>
          <ticker value="IOSP"/>
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        <balance>11973.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>913060.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FIRST FINANCIAL BANCORP</name>
        <lei>549300D3F5B3EZMY7P77</lei>
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      <invstOrSec>
        <name>RLJ LODGING TRUST</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>HAYWARD HOLDINGS INC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>ZIFF DAVIS INC</name>
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        <name>LCI INDUSTRIES</name>
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      <invstOrSec>
        <name>NATIONAL BANK HOLDINGS CORP</name>
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        <name>NOVAVAX INC</name>
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        <name>PVH CORP</name>
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        <name>WESBANCO INC</name>
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        <name>PC CONNECTION INC</name>
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        <name>STEWART INFORMATION SERVICES CORP</name>
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        <name>LIBERTY ENERGY INC</name>
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        <name>GREENBRIER COMPANIES INC (THE)</name>
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        <name>WESTERN UNION COMPANY (THE)</name>
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        <name>MILLERKNOLL INC</name>
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        <name>CABOT CORP</name>
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        <name>FIVE9 INC</name>
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        <name>G-III APPAREL GROUP LTD</name>
        <lei>529900O5KABM3R3SFM87</lei>
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        <name>GULFPORT ENERGY CORP</name>
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        <name>LIVE OAK BANCSHARES INC</name>
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        <name>KB HOME</name>
        <lei>549300LGUCWQURMWLG09</lei>
        <title>KB HOME COM</title>
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        <name>EPLUS INC</name>
        <lei>529900FFY8AAFJ21NE91</lei>
        <title>EPLUS INC COM</title>
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        <name>EMPIRE STATE REALTY TRUST INC</name>
        <lei>549300VOKY1DUEQSB456</lei>
        <title>EMPIRE STATE REALTY TRUST INC CL A</title>
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        <name>BOSTON BEER COMPANY INC (THE)</name>
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        <name>CALIFORNIA WATER SERVICE GROUP</name>
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        <name>PATHWARD FINANCIAL INC</name>
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      <invstOrSec>
        <name>PRESTIGE CONSUMER HEALTHCARE INC</name>
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        <name>INTEGER HOLDINGS CORP</name>
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        <name>JETBLUE AIRWAYS CORP</name>
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        <name>V2X INC</name>
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        <name>DONNELLEY FINANCIAL SOLUTIONS INC</name>
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        <name>M/I HOMES INC</name>
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        <name>EVERTEC INC</name>
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        <name>AMALGAMATED FINANCIAL CORP</name>
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        <name>GENWORTH FINANCIAL INC</name>
        <lei>549300EMCG286BDNKJ33</lei>
        <title>GENWORTH FINANCIAL INC COM SHS</title>
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        <name>FIRST BANCORP (PUERTO RICO)</name>
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        <title>FIRST BANCORP (PUERTO RICO) COM NEW</title>
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          <ticker value="FBP"/>
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      <invstOrSec>
        <name>HAMILTON INSURANCE GROUP LTD</name>
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        <invCountry>BM</invCountry>
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      <invstOrSec>
        <name>BKV CORP</name>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>S&amp;T BANCORP INC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>AMPHASTAR PHARMACEUTICALS INC</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HILLTOP HOLDINGS INC</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KNIFE RIVER CORP</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARMONY BIOSCIENCES HOLDINGS INC</name>
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        <name>GEO GROUP INC (THE)</name>
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        <name>F&amp;G ANNUITIES &amp; LIFE INC</name>
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      <invstOrSec>
        <name>O-I GLASS INC</name>
        <lei>N/A</lei>
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        <name>FIRST HAWAIIAN INC</name>
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        <name>INTERPARFUMS INC</name>
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        <name>UNITED PARKS &amp; RESORTS INC</name>
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        <name>KONTOOR BRANDS INC</name>
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        <name>WERNER ENTERPRISES INC</name>
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        <name>APPLE HOSPITALITY REIT INC</name>
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        <name>REPUBLIC BANCORP INC</name>
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        <name>AVIENT CORP</name>
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        <name>AEBI SCHMIDT HOLDING AG</name>
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        <name>FLOWERS FOODS INC</name>
        <lei>7YNCQQNDK8FBM9BBTK25</lei>
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        <name>MCGRATH RENTCORP</name>
        <lei>254900EUH6IPWFQ83445</lei>
        <title>MCGRATH RENTCORP COM</title>
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          <ticker value="MGRC"/>
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        <name>VISTEON CORP</name>
        <lei>549300MOVLYHRW4GGW78</lei>
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          <ticker value="VC"/>
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        <name>UPBOUND GROUP INC</name>
        <lei>529900QUHE15UQNCCJ63</lei>
        <title>UPBOUND GROUP INC COM</title>
        <cusip>76009N100</cusip>
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          <ticker value="UPBD"/>
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        <balance>48432.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>957016.32000000</valUSD>
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        <assetCat>EC</assetCat>
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        <name>NATIONAL BEVERAGE CORP</name>
        <lei>549300O9MZIQJI8TGV17</lei>
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      <invstOrSec>
        <name>ADAPTHEALTH CORP</name>
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      <invstOrSec>
        <name>TOMPKINS FINANCIAL CORP</name>
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      <invstOrSec>
        <name>NBT BANCORP INC</name>
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      <invstOrSec>
        <name>CRANE NXT COMPANY</name>
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        <name>INGLES MARKETS INC</name>
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        <name>COMMUNITY FINANCIAL SYSTEM INC</name>
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        <name>DAIWA CAPITAL MARKETS AMERICA INC.</name>
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        <name>FORESTAR GROUP INC</name>
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        <name>LEGGETT &amp; PLATT INC</name>
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        <name>EXPRO GROUP HOLDINGS NV</name>
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        <name>RPC INC</name>
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        <name>TRIPADVISOR INC</name>
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        <name>CENTRAL GARDEN &amp; PET COMPANY</name>
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        <name>HAWAIIAN ELECTRIC INDUSTRIES INC</name>
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        <name>INDEPENDENT BANK CORP (MASSACHUSETTS)</name>
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        <name>STRIDE INC</name>
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        <name>OFG BANCORP</name>
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        <name>VIRTUS INVESTMENT PARTNERS INC</name>
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        <title>VIRTUS INVESTMENT PARTNERS INC COM</title>
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      <invstOrSec>
        <name>ZOOMINFO TECHNOLOGIES INC</name>
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      <invstOrSec>
        <name>COLUMBIA SPORTSWEAR COMPANY</name>
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      <invstOrSec>
        <name>PERDOCEO EDUCATION CORP</name>
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        <name>KENNAMETAL INC</name>
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        <name>KOHL'S CORP</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELUXE CORP</name>
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        <name>DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS</name>
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        <assetCat>STIV</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SCHNEIDER NATIONAL INC</name>
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        <name>WINNEBAGO INDUSTRIES INC</name>
        <lei>549300B7OYKYJLTE3G11</lei>
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        <name>IDT CORP</name>
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        <name>PBF ENERGY INC</name>
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        <name>CONNECTONE BANCORP INC</name>
        <lei>549300E2M5ZYAZKUK134</lei>
        <title>CONNECTONE BANCORP INC COM</title>
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        <name>CUSTOMERS BANCORP INC</name>
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        <name>GOLD.COM INC</name>
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        <name>BREAD FINANCIAL HOLDINGS INC</name>
        <lei>549300G8S4PO686J7H97</lei>
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        <name>BANNER CORP</name>
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        <name>EASTERLY GOVERNMENT PROPERTIES INC</name>
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        <title>EASTERLY GOVERNMENT PROPERTIES INC COM SHS</title>
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        <name>STRATEGIC EDUCATION INC</name>
        <lei>2549002UYIM8Q5EC8H36</lei>
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        <name>TECNOGLASS INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>MERCHANTS BANCORP (INDIANA)</name>
        <lei>54930008Y0GPVLF81889</lei>
        <title>MERCHANTS BANCORP (INDIANA) COM</title>
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          <ticker value="MBIN"/>
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        <name>ANDERSONS INC (THE)</name>
        <lei>L38MWB8MVRFV7HVJPU11</lei>
        <title>ANDERSONS INC (THE) COM</title>
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        <name>CENTURY COMMUNITIES INC</name>
        <lei>5299002QMB2O7ZL1CA26</lei>
        <title>CENTURY COMMUNITIES INC COM</title>
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          <ticker value="CCS"/>
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        <name>DOLBY LABORATORIES INC</name>
        <lei>549300X04FB2QPCJ5J24</lei>
        <title>DOLBY LABORATORIES INC COM CL A</title>
        <cusip>25659T107</cusip>
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          <isin value="US25659T1079"/>
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      <invstOrSec>
        <name>AXCELIS TECHNOLOGIES INC</name>
        <lei>529900HF9B6NL1QG9F05</lei>
        <title>AXCELIS TECHNOLOGIES INC COM NEW</title>
        <cusip>054540208</cusip>
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          <isin value="US0545402085"/>
          <ticker value="ACLS"/>
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      <invstOrSec>
        <name>VISHAY INTERTECHNOLOGY INC</name>
        <lei>5493009O8F3QQJTCQR75</lei>
        <title>VISHAY INTERTECHNOLOGY INC COM</title>
        <cusip>928298108</cusip>
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          <isin value="US9282981086"/>
          <ticker value="VSH"/>
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      <invstOrSec>
        <name>NMI HOLDINGS INC</name>
        <lei>529900KNNGFXJX1C3Z08</lei>
        <title>NMI HOLDINGS INC COM</title>
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          <isin value="US6292093050"/>
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      <invstOrSec>
        <name>GREEN BRICK PARTNERS INC</name>
        <lei>549300R7SCIV7FQI6T56</lei>
        <title>GREEN BRICK PARTNERS INC COM</title>
        <cusip>392709101</cusip>
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          <isin value="US3927091013"/>
          <ticker value="GRBK"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ORGANON &amp; COMPANY</name>
        <lei>549300AMCKY57OK2CO56</lei>
        <title>ORGANON &amp; COMPANY COMMON STOCK</title>
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          <isin value="US68622V1061"/>
          <ticker value="OGN"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROBERT HALF INC</name>
        <lei>529900VPCUY9H3HLIC08</lei>
        <title>ROBERT HALF INC COM</title>
        <cusip>770323103</cusip>
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          <isin value="US7703231032"/>
          <ticker value="RHI"/>
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        <balance>17100.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DIODES INC</name>
        <lei>549300XP2X1ARVH3BX23</lei>
        <title>DIODES INC COM</title>
        <cusip>254543101</cusip>
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          <isin value="US2545431015"/>
          <ticker value="DIOD"/>
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        <balance>3122.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEGIANT TRAVEL COMPANY</name>
        <lei>549300JM9OZXOHWL2K18</lei>
        <title>ALLEGIANT TRAVEL COMPANY COM</title>
        <cusip>01748X102</cusip>
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          <isin value="US01748X1028"/>
          <ticker value="ALGT"/>
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        <balance>5358.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>405279.12000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CBIZ INC</name>
        <lei>529900D5X8CFM8O1N813</lei>
        <title>CBIZ INC COM</title>
        <cusip>124805102</cusip>
        <identifiers>
          <isin value="US1248051021"/>
          <ticker value="CBZ"/>
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        <balance>40697.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1241258.50000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HILLMAN SOLUTIONS CORP</name>
        <lei>N/A</lei>
        <title>HILLMAN SOLUTIONS CORP COM</title>
        <cusip>431636109</cusip>
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          <isin value="US4316361090"/>
          <ticker value="HLMN"/>
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        <balance>76828.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HELIX ENERGY SOLUTIONS GROUP INC</name>
        <lei>416AP2JOUTCWEGSOZW41</lei>
        <title>HELIX ENERGY SOLUTIONS GROUP INC COM</title>
        <cusip>42330P107</cusip>
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          <isin value="US42330P1075"/>
          <ticker value="HLX"/>
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        <balance>88388.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIVE RAMP HOLDINGS INC</name>
        <lei>254900GXS75LG1X7RF88</lei>
        <title>LIVE RAMP HOLDINGS INC COM</title>
        <cusip>53815P108</cusip>
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          <isin value="US53815P1084"/>
          <ticker value="RAMP"/>
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        <balance>8034.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRINET GROUP INC</name>
        <lei>5299003FJVBETSFKE990</lei>
        <title>TRINET GROUP INC COM</title>
        <cusip>896288107</cusip>
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          <isin value="US8962881079"/>
          <ticker value="TNET"/>
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        <balance>17546.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>H.B. FULLER COMPANY</name>
        <lei>JSMX3Z5FOYM8V0Q52357</lei>
        <title>H.B. FULLER COMPANY COM</title>
        <cusip>359694106</cusip>
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          <isin value="US3596941068"/>
          <ticker value="FUL"/>
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        <balance>7042.00000000</balance>
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        <valUSD>426181.84000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDEPENDENCE REALTY TRUST INC</name>
        <lei>549300Z3L8NU44NQEB29</lei>
        <title>INDEPENDENCE REALTY TRUST INC COM</title>
        <cusip>45378A106</cusip>
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          <isin value="US45378A1060"/>
          <ticker value="IRT"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CRESCENT ENERGY COMPANY</name>
        <lei>N/A</lei>
        <title>CRESCENT ENERGY COMPANY CL A COM</title>
        <cusip>44952J104</cusip>
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          <isin value="US44952J1043"/>
          <ticker value="CRGY"/>
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        <assetCat>EC</assetCat>
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        <name>ENERGIZER HOLDINGS INC</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>ENERGIZER HOLDINGS INC COM</title>
        <cusip>29272W109</cusip>
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          <isin value="US29272W1099"/>
          <ticker value="ENR"/>
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        <name>SIRIUSPOINT LTD</name>
        <lei>549300OGXFI85N3YZZ51</lei>
        <title>SIRIUSPOINT LTD COM USD0.1</title>
        <cusip>000000000</cusip>
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          <isin value="BMG8192H1060"/>
          <ticker value="SPNT"/>
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        <balance>50727.00000000</balance>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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        <name>NORTHWEST BANCSHARES INC</name>
        <lei>N/A</lei>
        <title>NORTHWEST BANCSHARES INC COM</title>
        <cusip>667340103</cusip>
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          <isin value="US6673401039"/>
          <ticker value="NWBI"/>
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        <balance>16789.00000000</balance>
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        <name>CAL-MAINE FOODS INC</name>
        <lei>549300NHE5WMIEIEMF53</lei>
        <title>CAL-MAINE FOODS INC COM NEW</title>
        <cusip>128030202</cusip>
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          <isin value="US1280302027"/>
          <ticker value="CALM"/>
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        <balance>13806.00000000</balance>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WAFD INC</name>
        <lei>N/A</lei>
        <title>WAFD INC COM</title>
        <cusip>938824109</cusip>
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          <isin value="US9388241096"/>
          <ticker value="WAFD"/>
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        <balance>20483.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PEOPLES BANCORP INC (OHIO)</name>
        <lei>N/A</lei>
        <title>PEOPLES BANCORP INC (OHIO) COM</title>
        <cusip>709789101</cusip>
        <identifiers>
          <isin value="US7097891011"/>
          <ticker value="PEBO"/>
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        <balance>19448.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>669011.20000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NORTHWEST NATURAL HOLDING COMPANY</name>
        <lei>254900PSJL6ZEC8FR782</lei>
        <title>NORTHWEST NATURAL HOLDING COMPANY COM</title>
        <cusip>66765N105</cusip>
        <identifiers>
          <isin value="US66765N1054"/>
          <ticker value="NWN"/>
        </identifiers>
        <balance>12009.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>636477.00000000</valUSD>
        <pctVal>0.346985111098</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>TALOS ENERGY INC</name>
        <lei>549300OKFHZ84SFJFT95</lei>
        <title>TALOS ENERGY INC COM</title>
        <cusip>87484T108</cusip>
        <identifiers>
          <isin value="US87484T1088"/>
          <ticker value="TALO"/>
        </identifiers>
        <balance>40557.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>645667.44000000</valUSD>
        <pctVal>0.351995419160</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>DIAMONDROCK HOSPITALITY COMPANY</name>
        <lei>529900KKD4BPVBUAQ734</lei>
        <title>DIAMONDROCK HOSPITALITY COMPANY COM</title>
        <cusip>252784301</cusip>
        <identifiers>
          <isin value="US2527843013"/>
          <ticker value="DRH"/>
        </identifiers>
        <balance>93292.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>951578.40000000</valUSD>
        <pctVal>0.518767428898</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>HIGHWOODS PROPERTIES INC</name>
        <lei>ZIIGTYKL9T0X3HLTDX53</lei>
        <title>HIGHWOODS PROPERTIES INC COM</title>
        <cusip>431284108</cusip>
        <identifiers>
          <isin value="US4312841087"/>
          <ticker value="HIW"/>
        </identifiers>
        <balance>51037.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1240709.47000000</valUSD>
        <pctVal>0.676391626546</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>INNOVATIVE INDUSTRIAL PROPERTIES INC</name>
        <lei>5493008BQ0545EZXRR30</lei>
        <title>INNOVATIVE INDUSTRIAL PROPERTIES INC COM</title>
        <cusip>45781V101</cusip>
        <identifiers>
          <isin value="US45781V1017"/>
          <ticker value="IIPR"/>
        </identifiers>
        <balance>21783.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1181727.75000000</valUSD>
        <pctVal>0.644236845356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-06-23</ncom:dateSigned>
      <ncom:nameOfApplicant>First Trust Exchange-Traded AlphaDEX Fund</ncom:nameOfApplicant>
      <ncom:signature>Derek Maltbie</ncom:signature>
      <ncom:signerName>Derek Maltbie</ncom:signerName>
      <ncom:title>Treasurer, Chief Financial Officer and Chief Accounting Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
