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        <name>Werner Enterprises, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Pelagos Insurance Capital Ltd.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Match Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sonos, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rapid7, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ATN International, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RxSight, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Zions Bancorp NA</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Southern First Bancshares, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Garrett Motion, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Rimini Street, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ethan Allen Interiors, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Landstar System, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>OneSpan, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Madrigal Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Aviat Networks, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Stoneridge, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HeartFlow, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kyndryl Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ligand Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Oscar Health, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Xperi, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bloomin' Brands, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Mercantile Bank Corp.</name>
        <lei>P16VZZCKTJ5IONL6XE37</lei>
        <title>Mercantile Bank Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Lattice Semiconductor Corp.</name>
        <lei>549300LRBBPZDQ2II567</lei>
        <title>Lattice Semiconductor Corp.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Franklin Covey Co.</name>
        <lei>N/A</lei>
        <title>Franklin Covey Co.</title>
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          <isin value="US3534691098"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Varex Imaging Corp.</name>
        <lei>549300CWYWPVCT8E9W67</lei>
        <title>Varex Imaging Corp.</title>
        <cusip>92214X106</cusip>
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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>Bed Bath &amp; Beyond, Inc.</name>
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        <title>Bed Bath &amp; Beyond, Inc.</title>
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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>Curtiss-Wright Corp.</name>
        <lei>TEL51ETZWP7D0ZM4X325</lei>
        <title>Curtiss-Wright Corp.</title>
        <cusip>231561101</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Bank</name>
        <lei>549300YS4CB1171BRJ08</lei>
        <title>First Bank</title>
        <cusip>31931U102</cusip>
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          <isin value="US31931U1025"/>
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        <balance>1200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21276.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hilltop Holdings, Inc.</name>
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        <title>Hilltop Holdings, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northpointe Bancshares, Inc.</name>
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        <title>Northpointe Bancshares, Inc.</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Deckers Outdoor Corp.</name>
        <lei>5493008LG4W3I6K8J118</lei>
        <title>Deckers Outdoor Corp.</title>
        <cusip>243537107</cusip>
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          <isin value="US2435371073"/>
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        <balance>4594.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Regional Management Corp.</name>
        <lei>549300S5O87W87JW4146</lei>
        <title>Regional Management Corp.</title>
        <cusip>75902K106</cusip>
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          <isin value="US75902K1060"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arteris, Inc.</name>
        <lei>5299009413BJXLY5SM79</lei>
        <title>Arteris, Inc.</title>
        <cusip>04302A104</cusip>
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          <isin value="US04302A1043"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Repligen Corp.</name>
        <lei>54930006QJ0T5AUO1E71</lei>
        <title>Repligen Corp.</title>
        <cusip>759916109</cusip>
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          <isin value="US7599161095"/>
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        <balance>11555.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RadNet, Inc.</name>
        <lei>529900RECG94V2IZJ970</lei>
        <title>RadNet, Inc.</title>
        <cusip>750491102</cusip>
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          <isin value="US7504911022"/>
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        <balance>19406.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1196768.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Planet Labs PBC</name>
        <lei>254900Q7PVI3HTQBRB44</lei>
        <title>Planet Labs PBC</title>
        <cusip>72703X106</cusip>
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          <isin value="US72703X1063"/>
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        <balance>24146.00000000</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>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>MeiraGTx Holdings plc</name>
        <lei>54930007YV6NYIOGFZ57</lei>
        <title>MeiraGTx Holdings plc</title>
        <cusip>N/A</cusip>
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          <isin value="KYG596651029"/>
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        <balance>37558.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ATI, Inc.</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
        <title>ATI, Inc.</title>
        <cusip>01741R102</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aspen Aerogels, Inc.</name>
        <lei>N/A</lei>
        <title>Aspen Aerogels, Inc.</title>
        <cusip>04523Y105</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Lands' End, Inc.</name>
        <lei>54930016WOL7P2P67Q43</lei>
        <title>Lands' End, Inc.</title>
        <cusip>51509F105</cusip>
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        <balance>15194.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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        <name>Rhythm Pharmaceuticals, Inc.</name>
        <lei>529900JPNWXQ8DPLA551</lei>
        <title>Rhythm Pharmaceuticals, Inc.</title>
        <cusip>76243J105</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Radiant Logistics, Inc.</name>
        <lei>549300HWCW2HBOG4GN20</lei>
        <title>Radiant Logistics, Inc.</title>
        <cusip>75025X100</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Grid Dynamics Holdings, Inc.</name>
        <lei>9845007E77EEC65AZE29</lei>
        <title>Grid Dynamics Holdings, Inc.</title>
        <cusip>39813G109</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Banc of California, Inc.</name>
        <lei>549300ZKWUJDP6LJ1X87</lei>
        <title>Banc of California, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Design Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Design Therapeutics, Inc.</title>
        <cusip>25056L103</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Superior Group of Cos., Inc.</name>
        <lei>UOX145EEO0TB0ZWX2152</lei>
        <title>Superior Group of Cos., Inc.</title>
        <cusip>868358102</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>Kura Oncology, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WaFd, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>World Acceptance Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Employers Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Atkore, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Titan International, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Angel Oak Mortgage REIT, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SiriusPoint Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Caribou Biosciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hudson Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Capital City Bank Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Entrada Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Organogenesis Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ironwood Pharmaceuticals, Inc.</name>
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        <name>Excelerate Energy, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Embraer SA</name>
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        <name>Allogene Therapeutics, Inc.</name>
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        <name>National Energy Services Reunited Corp.</name>
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        <name>Funko, Inc.</name>
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        <name>Inogen, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SM Energy Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lantheus Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Slide Insurance Holdings, Inc.</name>
        <lei>2549004LDWZTPC69SX47</lei>
        <title>Slide Insurance Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JFrog Ltd.</name>
        <lei>2549002N8E00AY49G567</lei>
        <title>JFrog Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="IL0011684185"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>National Health Investors, Inc.</name>
        <lei>549300ZPKZIG6DKDEC02</lei>
        <title>National Health Investors, Inc.</title>
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          <isin value="US63633D1046"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Viridian Therapeutics, Inc.</name>
        <lei>549300C775BNYF550E70</lei>
        <title>Viridian Therapeutics, Inc.</title>
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          <isin value="US92790C1045"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JetBlue Airways Corp.</name>
        <lei>54930070J9H97ZO93T57</lei>
        <title>JetBlue Airways Corp.</title>
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          <isin value="US4771431016"/>
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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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      <invstOrSec>
        <name>Marqeta, Inc.</name>
        <lei>254900UZARK0FMZGZE18</lei>
        <title>Marqeta, Inc., Class A</title>
        <cusip>57142B104</cusip>
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          <isin value="US57142B1044"/>
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        <balance>166793.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Allegiant Travel Co.</name>
        <lei>549300JM9OZXOHWL2K18</lei>
        <title>Allegiant Travel Co.</title>
        <cusip>01748X102</cusip>
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          <isin value="US01748X1028"/>
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        <balance>27059.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OraSure Technologies, Inc.</name>
        <lei>529900GNNJPNM4XHXQ77</lei>
        <title>OraSure Technologies, Inc.</title>
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          <isin value="US68554V1089"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nexpoint Real Estate Finance, Inc.</name>
        <lei>254900JOTKRKS0A4UA76</lei>
        <title>Nexpoint Real Estate Finance, Inc.</title>
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          <isin value="US65342V1017"/>
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        <balance>7971.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fluor Corp.</name>
        <lei>CQ7WZ4NOFWT7FAE6Q943</lei>
        <title>Fluor Corp.</title>
        <cusip>343412102</cusip>
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          <isin value="US3434121022"/>
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        <balance>42044.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American Homes 4 Rent</name>
        <lei>549300ZJUO7A58PNUW40</lei>
        <title>American Homes 4 Rent, Class A</title>
        <cusip>02665T306</cusip>
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          <isin value="US02665T3068"/>
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        <balance>11748.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Midland States Bancorp, Inc.</name>
        <lei>5493006RHXW9TTBWYC94</lei>
        <title>Midland States Bancorp, Inc.</title>
        <cusip>597742105</cusip>
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          <isin value="US5977421057"/>
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        <balance>27947.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>10X Genomics, Inc.</name>
        <lei>5493003Z6741WNLG7H43</lei>
        <title>10X Genomics, Inc., Class A</title>
        <cusip>88025U109</cusip>
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          <isin value="US88025U1097"/>
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        <balance>104289.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Myriad Genetics, Inc.</name>
        <lei>52990044IHUOUMETT163</lei>
        <title>Myriad Genetics, Inc.</title>
        <cusip>62855J104</cusip>
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          <isin value="US62855J1043"/>
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        <balance>161193.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dave, Inc.</name>
        <lei>25490061SUVXCW51RZ82</lei>
        <title>Dave, Inc.</title>
        <cusip>23834J201</cusip>
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          <isin value="US23834J2015"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Southside Bancshares, Inc.</name>
        <lei>549300TC83207VQA2K65</lei>
        <title>Southside Bancshares, Inc.</title>
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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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        <name>Omnicell, Inc.</name>
        <lei>5493008RH0GTKHHPZI77</lei>
        <title>Omnicell, Inc.</title>
        <cusip>68213N109</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Mistras Group, Inc.</name>
        <lei>5493000CMNXVLND3FU73</lei>
        <title>Mistras Group, Inc.</title>
        <cusip>60649T107</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>SPX Technologies, Inc.</name>
        <lei>P761FCI0CPOG24I8JE10</lei>
        <title>SPX Technologies, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nextdoor Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Nextdoor Holdings, Inc.</title>
        <cusip>65345M108</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Teekay Tankers Ltd.</name>
        <lei>549300DE8ZAIYS2T6Q22</lei>
        <title>Teekay Tankers Ltd., Class A</title>
        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Mercury General Corp.</name>
        <lei>5493001Q9EXPCEL4W527</lei>
        <title>Mercury General Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Hyster-Yale, Inc.</name>
        <lei>N/A</lei>
        <title>Hyster-Yale, Inc.</title>
        <cusip>449172105</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Scholastic Corp.</name>
        <lei>N/A</lei>
        <title>Scholastic Corp.</title>
        <cusip>807066105</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fortrea Holdings, Inc.</name>
        <lei>5493000FIVFABOVCDU97</lei>
        <title>Fortrea Holdings, Inc.</title>
        <cusip>34965K107</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>USANA Health Sciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SmartRent, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>James River Group Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Playtika Holding Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BioAge Labs, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Aduro Biotech, Inc.</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Fabrinet</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Kelly Services, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kirby Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SITE Centers Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Viavi Solutions, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Knight-Swift Transportation Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Business First Bancshares, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Boise Cascade Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Chord Energy Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Pegasystems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MVB Financial Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Forum Energy Technologies, Inc.</name>
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        <name>Praxis Precision Medicines, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Twist Bioscience Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>eGain Corp.</name>
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        <name>ICF International, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Arcturus Therapeutics Holdings, Inc.</name>
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        <title>Arcturus Therapeutics Holdings, Inc.</title>
        <cusip>03969T109</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>American Coastal Insurance Corp.</name>
        <lei>5299002P9105LJQA8G51</lei>
        <title>American Coastal Insurance Corp.</title>
        <cusip>910710102</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Safety Insurance Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>California Water Service Group</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Prothena Corp. plc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ranger Energy Services, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Legence Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Designer Brands, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Maplebear, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Dentsply Sirona, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>METROPOLITAN LIFE INSURANCE COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Caledonia Mining Corp. plc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Gildan Activewear, Inc.</name>
        <lei>549300SB3IBI34M00Z45</lei>
        <title>Gildan Activewear, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Wabash National Corp.</name>
        <lei>5299004ZAWHQZI5XO485</lei>
        <title>Wabash National Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Fulgent Genetics, Inc.</name>
        <lei>549300CL6P01M68QJ404</lei>
        <title>Fulgent Genetics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>La-Z-Boy, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Xenon Pharmaceuticals, Inc.</name>
        <lei>549300XV44Q9Z1MIPQ03</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>ArcBest Corp.</name>
        <lei>5493006S3KBNE8ZS3J23</lei>
        <title>ArcBest Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Mercury Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HealthStream, Inc.</name>
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        <title>HealthStream, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Alpha &amp; Omega Semiconductor Ltd.</name>
        <lei>5493001FE7J03YOV2V35</lei>
        <title>Alpha &amp; Omega Semiconductor Ltd.</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Great Southern Bancorp, Inc.</name>
        <lei>5493000ZL7DLNMN1AB26</lei>
        <title>Great Southern Bancorp, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Smithfield Foods, Inc.</name>
        <lei>CVTIPZRZJC0JQEZLL598</lei>
        <title>Smithfield Foods, Inc.</title>
        <cusip>832248207</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Sphere Entertainment Co.</name>
        <lei>254900ZW4JWKYRZZ9A91</lei>
        <title>Sphere Entertainment Co.</title>
        <cusip>55826T102</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>Hope Bancorp, Inc.</name>
        <lei>549300UTF4QGMBHIZ219</lei>
        <title>Hope Bancorp, Inc.</title>
        <cusip>43940T109</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>SkinHealth Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Octave Specialty Group, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Winmark Corp.</name>
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        <title>Winmark Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Independent Bank Corp.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Huntsman Corp.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Alto Ingredients, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lyft, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Telos Corp.</name>
        <lei>N/A</lei>
        <title>Telos Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Nu Skin Enterprises, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Perimeter Solutions, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Codexis, Inc.</name>
        <lei>N/A</lei>
        <title>Codexis, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clearwater Paper Corp.</name>
        <lei>549300HCVV19GXN4P292</lei>
        <title>Clearwater Paper Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CuriosityStream, Inc.</name>
        <lei>549300MSP5P41EYSIZ09</lei>
        <title>CuriosityStream, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Johnson Outdoors, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ESCO Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CS Disco, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>VSE Corp.</name>
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        <title>VSE Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Resources Connection, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>National Bank Holdings Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Darling Ingredients, Inc.</name>
        <lei>L1N0SPPKS7EXZYUMZ898</lei>
        <title>Darling Ingredients, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Magnera Corp.</name>
        <lei>549300LDQLQBT38QDY28</lei>
        <title>Magnera Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Manitowoc Co., Inc. (The)</name>
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        <title>Manitowoc Co., Inc. (The)</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Cooper-Standard Holdings, Inc.</name>
        <lei>549300VVOH2RQP5YMB08</lei>
        <title>Cooper-Standard Holdings, Inc.</title>
        <cusip>21676P103</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cognex Corp.</name>
        <lei>549300JQTYZCLC43S226</lei>
        <title>Cognex Corp.</title>
        <cusip>192422103</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Universal Insurance Holdings, Inc.</name>
        <lei>529900GGAZ6WVUCWQM46</lei>
        <title>Universal Insurance Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>L B Foster Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Mirum Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Westamerica Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bank7 Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Zumiez, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Element Solutions, Inc.</name>
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        <title>Element Solutions, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Arq, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Byline Bancorp, Inc.</name>
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        <title>Byline Bancorp, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Xenia Hotels &amp; Resorts, Inc.</name>
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        <title>Xenia Hotels &amp; Resorts, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Herbalife Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>First Business Financial Services, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Alignment Healthcare, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Pacira BioSciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Aet &amp; D Holdings No. 1</name>
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        <name>Encompass Health Corp.</name>
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        <name>First Internet Bancorp</name>
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        <name>Prosperity Bancshares, Inc.</name>
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        <name>Nova Ltd.</name>
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        <name>InvenTrust Properties Corp.</name>
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        <name>Apogee Enterprises, Inc.</name>
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        <name>Tower Semiconductor Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Jackson Financial, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MaxCyte, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Nature's Sunshine Products, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>1stdibs.com, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shoe Station Group, Inc.</name>
        <lei>N/A</lei>
        <title>Shoe Station Group, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Arko Corp.</name>
        <lei>N/A</lei>
        <title>Arko Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Meridian Corp.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fervo Energy Co.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Marex Group plc</name>
        <lei>549300DWX0SVICJAL507</lei>
        <title>Marex Group plc</title>
        <cusip>N/A</cusip>
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          <isin value="GB00BMT7GT62"/>
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        <balance>28574.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Unisys Corp.</name>
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        <title>Unisys Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CNO Financial Group, Inc.</name>
        <lei>11XPYHB76MPM4Y4P2897</lei>
        <title>CNO Financial Group, Inc.</title>
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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>Littelfuse, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Selectquote, Inc.</name>
        <lei>549300BV28BWDIN9SP24</lei>
        <title>Selectquote, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Five Below, Inc.</name>
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        <title>Five Below, Inc.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hanmi Financial Corp.</name>
        <lei>549300MSZ7RCG7EA6587</lei>
        <title>Hanmi Financial Corp.</title>
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          <isin value="US4104952043"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ardagh Metal Packaging SA</name>
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        <title>Ardagh Metal Packaging SA</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>MasterCraft Boat Holdings, Inc.</name>
        <lei>549300IXWX41555YJ117</lei>
        <title>MasterCraft Boat Holdings, Inc.</title>
        <cusip>57637H103</cusip>
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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>Nexxen International Ltd.</name>
        <lei>213800ZNSR7AIJZ2J557</lei>
        <title>Nexxen International Ltd.</title>
        <cusip>N/A</cusip>
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        <balance>16252.00000000</balance>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Protara Therapeutics, Inc.</name>
        <lei>549300VWUGH3220TG273</lei>
        <title>Protara Therapeutics, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Acadian Asset Management, Inc.</name>
        <lei>5493004FTLQNQTBOP608</lei>
        <title>Acadian Asset Management, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FB Financial Corp.</name>
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        <title>FB Financial Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DMC Global, Inc.</name>
        <lei>549300CBDXD1Z5MRNG02</lei>
        <title>DMC Global, Inc.</title>
        <cusip>23291C103</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IDT Corp.</name>
        <lei>549300JNTN7ZMJDFCL56</lei>
        <title>IDT Corp., Class B</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Life Time Group Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Life Time Group Holdings, Inc.</title>
        <cusip>53190C102</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Community Corp.</name>
        <lei>549300TC167ECI9SMC70</lei>
        <title>First Community Corp.</title>
        <cusip>319835104</cusip>
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        <balance>7260.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Billiontoone, Inc.</name>
        <lei>N/A</lei>
        <title>Billiontoone, Inc., Class A</title>
        <cusip>090168105</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Genesco, Inc.</name>
        <lei>549300VY2Q511P1K5P56</lei>
        <title>Genesco, Inc.</title>
        <cusip>371532102</cusip>
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          <isin value="US3715321028"/>
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        <balance>23148.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>781707.96000000</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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      <invstOrSec>
        <name>Paysafe Ltd.</name>
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        <cusip>N/A</cusip>
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          <isin value="BMG6964L2062"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dpc Holdings Ltd.</name>
        <lei>N/A</lei>
        <title>Dpc Holdings Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="JE00BPK4NV88"/>
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        <balance>2289.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Keros Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Keros Therapeutics, Inc.</title>
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          <isin value="US4923271013"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hain Celestial Group, Inc. (The)</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Easterly Government Properties, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AdvanSix, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Avista Corp.</name>
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        <title>Avista Corp.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sunstone Hotel Investors, Inc.</name>
        <lei>529900ZQ2V52V96ATF67</lei>
        <title>Sunstone Hotel Investors, Inc.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LXP Industrial Trust</name>
        <lei>549300S4MH2ICXDBFV43</lei>
        <title>LXP Industrial Trust</title>
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          <isin value="US5290434084"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Axsome Therapeutics, Inc.</name>
        <lei>549300EXGR0XLRJEIB95</lei>
        <title>Axsome Therapeutics, Inc.</title>
        <cusip>05464T104</cusip>
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          <isin value="US05464T1043"/>
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        <balance>11566.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Golar LNG Ltd.</name>
        <lei>213800C2VSFZG3EZLO34</lei>
        <title>Golar LNG Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="BMG9456A1009"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Callaway Golf Co.</name>
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        <title>Callaway Golf Co.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dole plc</name>
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        <title>Dole plc</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Alpine Income Property Trust, Inc.</name>
        <lei>254900VQGUBS1J4C4N33</lei>
        <title>Alpine Income Property Trust, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American States Water Co.</name>
        <lei>529900L26LIS2V8PWM23</lei>
        <title>American States Water Co.</title>
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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>Dana, Inc.</name>
        <lei>KVWHW7YLZPFJM8QYNJ51</lei>
        <title>Dana, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Civista Bancshares, Inc.</name>
        <lei>5493001LX61Z2UVYSC48</lei>
        <title>Civista Bancshares, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BayCom Corp.</name>
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        <title>BayCom Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Finance of America Cos., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>First Bancorp</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Insteel Industries, Inc.</name>
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        <title>Insteel Industries, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>OP Bancorp</name>
        <lei>549300LTYZMS0Q13U522</lei>
        <title>OP Bancorp</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ferroglobe plc</name>
        <lei>2138005GCFJACFTZUD90</lei>
        <title>Ferroglobe plc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>Goodyear Tire &amp; Rubber Co. (The)</name>
        <lei>5493002BI0S2ZQUY3437</lei>
        <title>Goodyear Tire &amp; Rubber Co. (The)</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alector, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ZipRecruiter, Inc.</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Franklin Financial Services Corp.</name>
        <lei>N/A</lei>
        <title>Franklin Financial Services Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Orthofix Medical, Inc.</name>
        <lei>N/A</lei>
        <title>Orthofix Medical, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Western Financial, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Par Pacific Holdings, Inc.</name>
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        <title>Par Pacific Holdings, Inc.</title>
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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>Flexsteel Industries, Inc.</name>
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        <title>Flexsteel Industries, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Definitive Healthcare Corp.</name>
        <lei>N/A</lei>
        <title>Definitive Healthcare Corp., Class A</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arvinas, Inc.</name>
        <lei>N/A</lei>
        <title>Arvinas, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Donegal Group, Inc.</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Vanda Pharmaceuticals, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>Mativ Holdings, Inc.</name>
        <lei>549300Z1FU4IDULG1R21</lei>
        <title>Mativ Holdings, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Covenant Logistics Group, Inc.</name>
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        <title>Covenant Logistics Group, Inc., Class A</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Miller Industries, Inc.</name>
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        <title>Miller Industries, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Evercore, Inc.</name>
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        <title>Evercore, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Information Services Group, Inc.</name>
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        <title>Information Services Group, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>1st Source Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Arxis, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sanmina Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cogent Biosciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Eagle Bancorp Montana, Inc.</name>
        <lei>549300P2SVRIY3YU1412</lei>
        <title>Eagle Bancorp Montana, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Primis Financial Corp.</name>
        <lei>549300JNX3M2EENG1F11</lei>
        <title>Primis Financial Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Ameris Bancorp</name>
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        <title>Ameris Bancorp</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Piper Sandler Cos.</name>
        <lei>QUQDBTUSOAKFEVMRMF78</lei>
        <title>Piper Sandler Cos.</title>
        <cusip>724078209</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Drilling Tools International Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Amplify Energy Corp.</name>
        <lei>J0TW5YQRAZXYN7VEU787</lei>
        <title>Amplify Energy Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dillard's, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Allegro MicroSystems, Inc.</name>
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        <title>Allegro MicroSystems, Inc.</title>
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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>World Kinect Corp.</name>
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        <title>World Kinect Corp.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RBB Bancorp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MGP Ingredients, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Financial Corp.</name>
        <lei>N/A</lei>
        <title>First Financial Corp.</title>
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          <isin value="US3202181000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MS GOVT US LEX</name>
        <lei>6N8SC06AK49F0N7KIX52</lei>
        <title>MSILF GOVERNMENT PORTFOLIO OPEN-END FUND USD</title>
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        <curCd>USD</curCd>
        <valUSD>500000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="500000.00000000" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>Arrowhead Pharmaceuticals, Inc.</name>
        <lei>549300O3CSB8T7OZ3D66</lei>
        <title>Arrowhead Pharmaceuticals, Inc.</title>
        <cusip>04280A100</cusip>
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          <isin value="US04280A1007"/>
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        <balance>13003.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DHT Holdings, Inc.</name>
        <lei>549300SMD6IVZYT74K40</lei>
        <title>DHT Holdings, Inc.</title>
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          <isin value="MHY2065G1219"/>
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        <assetCat>EC</assetCat>
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        <invCountry>MH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Origin Bancorp, Inc.</name>
        <lei>54930055DO2Z4KO3NB45</lei>
        <title>Origin Bancorp, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>American Airlines Group, Inc.</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
        <title>American Airlines Group, Inc.</title>
        <cusip>02376R102</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BOK Financial Corp.</name>
        <lei>GRI2NT5QHYW751NMR949</lei>
        <title>BOK Financial Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MKS, Inc.</name>
        <lei>549300KEQATBHAGVF505</lei>
        <title>MKS, Inc.</title>
        <cusip>55306N104</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commercial Metals Co.</name>
        <lei>549300OQS2LO07ZJ7N73</lei>
        <title>Commercial Metals Co.</title>
        <cusip>201723103</cusip>
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          <isin value="US2017231034"/>
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        <balance>57704.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Community Trust Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Community Trust Bancorp, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>FS Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>FS Bancorp, Inc.</title>
        <cusip>30263Y104</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Western Alliance Bancorp</name>
        <lei>5493003VJXZ5JXT9S762</lei>
        <title>Western Alliance Bancorp</title>
        <cusip>957638109</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Avidbank Holdings, Inc.</name>
        <lei>54930029UJ8M0B84EE44</lei>
        <title>Avidbank Holdings, Inc.</title>
        <cusip>05368J103</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Compass Diversified Holdings</name>
        <lei>5299001SM1LBYANJRR58</lei>
        <title>Compass Diversified Holdings</title>
        <cusip>20451Q104</cusip>
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        <balance>74076.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>NexPoint Residential Trust, Inc.</name>
        <lei>549300U2J6XVYBF87166</lei>
        <title>NexPoint Residential Trust, Inc.</title>
        <cusip>65341D102</cusip>
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        <balance>14358.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CTO Realty Growth, Inc.</name>
        <lei>254900ZQ99OFO1WXS678</lei>
        <title>CTO Realty Growth, Inc.</title>
        <cusip>22948Q101</cusip>
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        <balance>25904.00000000</balance>
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        <valUSD>557195.04000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>LTC Properties, Inc.</name>
        <lei>549300NRZP8IJG2KY677</lei>
        <title>LTC Properties, Inc.</title>
        <cusip>502175102</cusip>
        <identifiers>
          <isin value="US5021751020"/>
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        <balance>26634.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1024077.30000000</valUSD>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Construction Partners, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CECO Environmental Corp.</name>
        <lei>5493002CZCTL4HGLIY91</lei>
        <title>CECO Environmental Corp.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Helios Technologies, Inc.</name>
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        <title>Helios Technologies, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BrightSpring Health Services, Inc.</name>
        <lei>N/A</lei>
        <title>BrightSpring Health Services, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Maravai LifeSciences Holdings, Inc.</name>
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        <title>Maravai LifeSciences Holdings, Inc., Class A</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Intellia Therapeutics, Inc.</name>
        <lei>5493002T5BCPE5DZC723</lei>
        <title>Intellia Therapeutics, Inc.</title>
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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>MACOM Technology Solutions Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>MACOM Technology Solutions Holdings, Inc.</title>
        <cusip>55405Y100</cusip>
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          <isin value="US55405Y1001"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kearny Financial Corp.</name>
        <lei>N/A</lei>
        <title>Kearny Financial Corp.</title>
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          <isin value="US48716P1084"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HomeTrust Bancshares, Inc.</name>
        <lei>N/A</lei>
        <title>HomeTrust Bancshares, Inc.</title>
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          <isin value="US4378721041"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Orion SA</name>
        <lei>N/A</lei>
        <title>Orion SA</title>
        <cusip>N/A</cusip>
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          <isin value="LU1092234845"/>
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        <balance>28303.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Boot Barn Holdings, Inc.</name>
        <lei>529900QE1BFMYA3N4E71</lei>
        <title>Boot Barn Holdings, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>SFL Corp. Ltd.</name>
        <lei>549300RLYYPSB0C7RH77</lei>
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          <isin value="BMG7738W1064"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Sonic Automotive, Inc.</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
        <title>Sonic Automotive, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Citi Trends, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Gold.com, Inc.</name>
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        <title>Gold.com, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Tompkins Financial Corp.</name>
        <lei>254900QDQ6V0QJ0Z2348</lei>
        <title>Tompkins Financial Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Lear Corp.</name>
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        <title>Lear Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Northeast Community Bancorp, Inc.</name>
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        <title>Northeast Community Bancorp, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Upstream Bio, Inc.</name>
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        <title>Upstream Bio, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Protagonist Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Protagonist Therapeutics, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>PMV Pharmaceuticals, Inc.</name>
        <lei>N/A</lei>
        <title>PMV Pharmaceuticals, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Onto Innovation, Inc.</name>
        <lei>254900RXZVN73CHOO062</lei>
        <title>Onto Innovation, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>INVESCO GOVT AND AGCY LEX</name>
        <lei>O37NHJVF7S22I1ONOU83</lei>
        <title>INVESCO GOVERNMENT &amp; AGENCY PORTFOLIO OPEN-END FUND USD</title>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CF SECURED LLC</name>
        <lei>254900OXTV81I73FAT50</lei>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>TScan Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Forgent Power Solutions, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bridgebio Pharma, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RBC US GOVT MONEY MKT FUND</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Peapack-Gladstone Financial Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GMR Solutions, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Advanced Energy Industries, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cricut, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Terawulf, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PROG Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rezolute, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Braemar Hotels &amp; Resorts, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>OFG Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hamilton Insurance Group Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rocket Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PC Connection, Inc.</name>
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        <name>PCB Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Forestar Group, Inc.</name>
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        <name>Kronos Worldwide, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Modine Manufacturing Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LeMaitre Vascular, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Xometry, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Nutanix, Inc.</name>
        <lei>549300X7J6E8TKVIXW09</lei>
        <title>Nutanix, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Selective Insurance Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Halozyme Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BlueLinx Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TFDXX LEX BLACKROCK FED FUND</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Graco, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bank of NT Butterfield &amp; Son Ltd. (The)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>DigitalOcean Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Enterprise Financial Services Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Chatham Lodging Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Texas Capital Bancshares, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Albany International Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ScanSource, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>SIGA Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Glaukos Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Evolent Health, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Community Healthcare Trust, Inc.</name>
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        <name>Genworth Financial, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Stitch Fix, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Inseego Corp.</name>
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        <title>Inseego Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Stepan Co.</name>
        <lei>IZU1EW9GB3WC7CYCSR17</lei>
        <title>Stepan Co.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Argan, Inc.</name>
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        <title>Argan, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Sterling Infrastructure, Inc.</name>
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        <title>Sterling Infrastructure, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Reinsurance Group of America, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Silvercrest Asset Management Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>U-Haul Holding Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NETGEAR, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>United Fire Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Core Molding Technologies, Inc.</name>
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        <title>Core Molding Technologies, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Central Pacific Financial Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BCB Bancorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Alta Equipment Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WisdomTree, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Zillow Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Southwest Gas Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Summit Hotel Properties, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Titan Machinery, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Silicon Motion Technology Corp.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Everus Construction Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Infinity Bio-energy Ltd.</name>
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        <title>Infinity Bio-energy Ltd.</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
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        <name>Century Aluminum Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PrimeEnergy Resources Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Docusign, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sana Biotechnology, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fossil Group, Inc.</name>
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        <name>Plumas Bancorp</name>
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        <title>Plumas Bancorp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>SiTime Corp.</name>
        <lei>254900GGZVSCLLLYNB47</lei>
        <title>SiTime Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Guardant Health, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lifetime Brands, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Enova International, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Wayfair, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ERO Copper Corp.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Sierra Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Everforth, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Anika Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bread Financial Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Genie Energy Ltd.</name>
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        <title>Genie Energy Ltd., Class B</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Cirrus Logic, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Unity Bancorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hippo Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Granite Ridge Resources, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TTM Technologies, Inc.</name>
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        <name>Kforce, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>8x8, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PubMatic, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Archrock, Inc.</name>
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        <name>TPG Mortgage Investment Trust, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AZZ, Inc.</name>
        <lei>549300HD1X2NFLWPYC83</lei>
        <title>AZZ, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Tutor Perini Corp.</name>
        <lei>549300FHXYVPW8LJ6D98</lei>
        <title>Tutor Perini Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Foghorn Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Nkarta, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FMC Corp.</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC Corp.</title>
        <cusip>302491303</cusip>
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        <name>Liberty Energy, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Spok Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Atmus Filtration Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MP Materials Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Haverty Furniture Cos., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ribbon Communications, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LendingTree, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Enpro, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PRA Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Matrix Service Co.</name>
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        <title>Matrix Service Co.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Scotts Miracle-Gro Co. (The)</name>
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        <title>Scotts Miracle-Gro Co. (The)</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Oil States International, Inc.</name>
        <lei>5493004TF4KQJGMYL777</lei>
        <title>Oil States International, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Valley National Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Heritage Insurance Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>StoneX Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>South Plains Financial, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Tyra Biosciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Home Bancorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Thryv Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Movado Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>American Integrity Insurance Group, Inc.</name>
        <lei>529900Y2VOV2LYV4OK68</lei>
        <title>American Integrity Insurance Group, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Andersons, Inc. (The)</name>
        <lei>L38MWB8MVRFV7HVJPU11</lei>
        <title>Andersons, Inc. (The)</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>Akebia Therapeutics, Inc.</name>
        <lei>549300CBQEHMKEEGNX42</lei>
        <title>Akebia Therapeutics, Inc.</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Align Technology, Inc.</name>
        <lei>549300N5YSE0U3LCP840</lei>
        <title>Align Technology, Inc.</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Compass Minerals International, Inc.</name>
        <lei>2549008X9G8XP7YJGC47</lei>
        <title>Compass Minerals International, Inc.</title>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>AngioDynamics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SunCoke Energy, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Embecta Corp.</name>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Kemper Corp.</name>
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        <title>Kemper Corp.</title>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Snap, Inc.</name>
        <lei>549300JNC0L6VP8A2Q35</lei>
        <title>Snap, Inc., Class A</title>
        <cusip>83304A106</cusip>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Pagseguro Digital Ltd.</name>
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        <cusip>N/A</cusip>
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        <balance>138005.00000000</balance>
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        <valUSD>1248945.25000000</valUSD>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>BankUnited, Inc.</name>
        <lei>96OVUWEW5D4YX6PFXD91</lei>
        <title>BankUnited, Inc.</title>
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        <valUSD>4030894.65000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rush Street Interactive, Inc.</name>
        <lei>N/A</lei>
        <title>Rush Street Interactive, Inc.</title>
        <cusip>782011100</cusip>
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          <isin value="US7820111000"/>
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        <balance>48821.00000000</balance>
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        <valUSD>1451936.54000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Applied Industrial Technologies, Inc.</name>
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        <title>Applied Industrial Technologies, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Sportsman's Warehouse Holdings, Inc.</name>
        <lei>549300JVV8YLQSRSF462</lei>
        <title>Sportsman's Warehouse Holdings, Inc.</title>
        <cusip>84920Y106</cusip>
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          <isin value="US84920Y1064"/>
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        <balance>7700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10241.00000000</valUSD>
        <pctVal>0.002270001923</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Nationwide Variable Insurance Trust</ncom:nameOfApplicant>
      <ncom:signature>David Majewski</ncom:signature>
      <ncom:signerName>David Majewski</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
