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      <invstOrSec>
        <name>Edwards Lifesciences Corp</name>
        <lei>YA13X31F3V31L8TMPR58</lei>
        <title>Edwards Lifesciences Corp</title>
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          <isin value="US28176E1082"/>
          <ticker value="EW"/>
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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>Expedia Group Inc</name>
        <lei>2549009GW3Z3DQCB8H87</lei>
        <title>Expedia Group Inc</title>
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          <isin value="US30212P3038"/>
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        <balance>2638.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Fastenal Co</name>
        <lei>529900PP0C7H2HHPSJ32</lei>
        <title>Fastenal Co</title>
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          <isin value="US3119001044"/>
          <ticker value="FAST"/>
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        <balance>3006.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Fox Corp</name>
        <lei>549300DDU6FDRBIELS05</lei>
        <title>Fox Corp</title>
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          <isin value="US35137L2043"/>
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        <balance>6529.000000000000</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>General Dynamics Corp</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
        <title>General Dynamics Corp</title>
        <cusip>369550108</cusip>
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          <isin value="US3695501086"/>
          <ticker value="GD"/>
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        <balance>833.000000000000</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>General Electric Co</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>General Electric Co</title>
        <cusip>369604301</cusip>
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          <isin value="US3696043013"/>
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        <balance>1772.000000000000</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>HEICO Corp</name>
        <lei>529900O1DTDLCJ7L0I14</lei>
        <title>HEICO Corp</title>
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          <isin value="US4228061093"/>
          <ticker value="HEI"/>
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        <balance>1842.000000000000</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>Las Vegas Sands Corp</name>
        <lei>549300DUOO1KXOHPM605</lei>
        <title>Las Vegas Sands Corp</title>
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          <isin value="US5178341070"/>
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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>Eli Lilly &amp; Co</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
        <title>Eli Lilly &amp; Co</title>
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          <isin value="US5324571083"/>
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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>Lockheed Martin Corp</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
        <title>Lockheed Martin Corp</title>
        <cusip>539830109</cusip>
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          <isin value="US5398301094"/>
          <ticker value="LMT"/>
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        <balance>734.000000000000</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>Lumentum Holdings Inc</name>
        <lei>549300JLWRRC38DWEF52</lei>
        <title>Lumentum Holdings Inc</title>
        <cusip>55024U109</cusip>
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          <isin value="US55024U1097"/>
          <ticker value="LITE"/>
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        <balance>379.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Marriott International Inc/MD</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>Marriott International Inc/MD</title>
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        <balance>1599.000000000000</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>Marvell Technology Inc</name>
        <lei>254900WVU0BM7ZCJ9E93</lei>
        <title>Marvell Technology Inc</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>MongoDB Inc</name>
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        <title>MongoDB Inc</title>
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        <name>Monolithic Power Systems Inc</name>
        <lei>529900TB7O85LSZ1XU31</lei>
        <title>Monolithic Power Systems Inc</title>
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      <invstOrSec>
        <name>Monster Beverage Corp</name>
        <lei>52990090AP0E7HCB6F33</lei>
        <title>Monster Beverage Corp</title>
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        <name>PACCAR Inc</name>
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        <name>Parker-Hannifin Corp</name>
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        <name>Paychex Inc</name>
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        <title>Paychex Inc</title>
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        <name>PepsiCo Inc</name>
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        <assetCat>EC</assetCat>
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        <name>Rockwell Automation Inc</name>
        <lei>VH3R4HHBHH12O0EXZJ88</lei>
        <title>Rockwell Automation Inc</title>
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        <assetCat>EC</assetCat>
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        <name>Ross Stores Inc</name>
        <lei>549300ENZFLPGRDFZQ60</lei>
        <title>Ross Stores Inc</title>
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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>SLB Ltd</name>
        <lei>213800ZUA17OK3QLGM62</lei>
        <title>SLB Ltd</title>
        <cusip>806857108</cusip>
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        <balance>7271.000000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Charles Schwab Corp/The</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>Charles Schwab Corp/The</title>
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          <isin value="US8085131055"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TKO Group Holdings Inc</name>
        <lei>N/A</lei>
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        <cusip>87256C101</cusip>
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          <isin value="US87256C1018"/>
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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>US BANK MMDA - USBFS 2</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="USER DEFINED" value="8AMMF0A76"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Twilio Inc</name>
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        <title>Twilio Inc</title>
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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>Union Pacific Corp</name>
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        <title>Union Pacific Corp</title>
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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>Viavi Solutions Inc</name>
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          <isin value="US9255501051"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Waste Management Inc</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>XPO Inc</name>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Ambarella Inc</name>
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        <name>Morgan Stanley</name>
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        <name>Old Dominion Freight Line Inc</name>
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        <name>Mount Vernon Liquid Assets Portfolio, LLC</name>
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        <name>Nebius Group NV</name>
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        <name>Howmet Aerospace Inc</name>
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        <name>IDEXX Laboratories Inc</name>
        <lei>OGMTXK0LUU1HKV2P0J84</lei>
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        <name>Interactive Brokers Group Inc</name>
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        <name>Lam Research Corp</name>
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        <name>Steel Dynamics Inc</name>
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        <name>Sysco Corp</name>
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        <name>TJX Cos Inc/The</name>
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        <name>Tapestry Inc</name>
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    <signature>
      <ncom:dateSigned>2026-08-07</ncom:dateSigned>
      <ncom:nameOfApplicant>Absolute Shares Trust</ncom:nameOfApplicant>
      <ncom:signature>/s/Fred Teufel</ncom:signature>
      <ncom:signerName>Fred Teufel</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
