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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BROWN-FORMAN CORP</name>
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      <invstOrSec>
        <name>ETSY INC</name>
        <lei>54930089Q7XT501AEA40</lei>
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      <invstOrSec>
        <name>COMMERCE BANCSHARES INC (MO)</name>
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      <invstOrSec>
        <name>DOXIMITY INC</name>
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      <invstOrSec>
        <name>LEIDOS HOLDINGS INC</name>
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      <invstOrSec>
        <name>AVERY DENNISON CORP</name>
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      <invstOrSec>
        <name>TARGA RESOURCES CORP</name>
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      <invstOrSec>
        <name>SONOCO PRODUCTS COMPANY</name>
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      <invstOrSec>
        <name>LENNOX INTERNATIONAL INC</name>
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        <name>EXELIXIS INC</name>
        <lei>254900PJQB59O2O95R37</lei>
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      <invstOrSec>
        <name>SAIA INC</name>
        <lei>549300WNPG4N9GBOYB29</lei>
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      <invstOrSec>
        <name>ENCOMPASS HEALTH CORP</name>
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        <name>AUTONATION INC</name>
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        <name>GLOBE LIFE INC</name>
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        <name>DARDEN RESTAURANTS INC</name>
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        <name>KIMBERLY CLARK CORP</name>
        <lei>MP3J6QPYPGN75NVW2S34</lei>
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        <name>TAPESTRY INC</name>
        <lei>549300LJNVY5SW3VTN33</lei>
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          <ticker value="TPR"/>
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        <name>FERGUSON ENTERPRISES INC</name>
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        <name>PEGASYSTEMS INC</name>
        <lei>549300FMCOKPL06FYN26</lei>
        <title>PEGASYSTEMS INC COM</title>
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          <isin value="US7055731035"/>
          <ticker value="PEGA"/>
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        <name>APPFOLIO INC</name>
        <lei>529900OOUUGT6JFC0S15</lei>
        <title>APPFOLIO INC COM CL A</title>
        <cusip>03783C100</cusip>
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        <name>YETI HOLDINGS INC</name>
        <lei>549300DSQICIGNT5GO63</lei>
        <title>YETI HOLDINGS INC COM</title>
        <cusip>98585X104</cusip>
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          <ticker value="YETI"/>
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        <assetCat>EC</assetCat>
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        <name>WILLIAMS SONOMA INC</name>
        <lei>549300IARG6YWVTZ1I92</lei>
        <title>WILLIAMS SONOMA INC COM</title>
        <cusip>969904101</cusip>
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          <ticker value="WSM"/>
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        <balance>74200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17296020.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <name>PVH CORP</name>
        <lei>123WALMHY1GZXG2YDL90</lei>
        <title>PVH CORP COM</title>
        <cusip>693656100</cusip>
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          <ticker value="PVH"/>
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        <balance>11130.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>826513.80000000</valUSD>
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      <invstOrSec>
        <name>MACY'S INC</name>
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      <invstOrSec>
        <name>KROGER COMPANY (THE)</name>
        <lei>6CPEOKI6OYJ13Q6O7870</lei>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOOZ ALLEN HAMILTON HOLDING CORP</name>
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      <invstOrSec>
        <name>ANGLOGOLD ASHANTI PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>DROPBOX INC</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BECTON DICKINSON &amp; COMPANY</name>
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          <isin value="US0758871091"/>
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        <name>BOYD GAMING CORP</name>
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          <isin value="US1033041013"/>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MARKEL GROUP INC</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TENET HEALTHCARE CORP</name>
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      <invstOrSec>
        <name>SOUTHWEST AIRLINES COMPANY</name>
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        <name>BANK OZK</name>
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        <name>HEICO CORP</name>
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        <name>W.W. GRAINGER INC</name>
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        <name>TORO COMPANY</name>
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        <name>AES CORP (THE)</name>
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        <name>ALNYLAM PHARMACEUTICALS INC</name>
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        <name>MILLROSE PROPERTIES INC</name>
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        <name>TRACTOR SUPPLY COMPANY</name>
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        <title>TRACTOR SUPPLY COMPANY COM</title>
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        <name>METTLER-TOLEDO INTERNATIONAL INC</name>
        <lei>5493000BD5GJNUDIUG10</lei>
        <title>METTLER-TOLEDO INTERNATIONAL INC COM</title>
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        <name>EXPEDIA GROUP INC</name>
        <lei>CI7MUJI4USF3V0NJ1H64</lei>
        <title>EXPEDIA GROUP INC COM NEW</title>
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          <ticker value="EXPE"/>
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        <name>W. R. BERKLEY CORP</name>
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        <name>WATERS CORP</name>
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        <name>OTIS WORLDWIDE CORP</name>
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        <name>FOX CORP</name>
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        <name>GARMIN LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>WESTERN UNION COMPANY (THE)</name>
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        <name>KINSALE CAPITAL GROUP INC</name>
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        <name>ROLLINS INC</name>
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        <name>GENUINE PARTS COMPANY</name>
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        <name>HARTFORD INSURANCE GROUP INC (THE)</name>
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        <name>AGREE REALTY CORP</name>
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        <name>DEVON ENERGY CORP</name>
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        <name>LULULEMON ATHLETICA INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>LEAR CORP</name>
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      <invstOrSec>
        <name>AMERICAN WATER WORKS COMPANY INC</name>
        <lei>549300DXHIJQMD5WFW18</lei>
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          <isin value="US0304201033"/>
          <ticker value="AWK"/>
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      <invstOrSec>
        <name>AMDOCS LTD</name>
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          <isin value="GB0022569080"/>
          <ticker value="DOX"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GENPACT LTD</name>
        <lei>529900OSEC6Q0L4L5B35</lei>
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        <cusip>000000000</cusip>
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          <isin value="BMG3922B1072"/>
          <ticker value="G"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VERALTO CORP</name>
        <lei>635400FJE6GSOJUSNY27</lei>
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          <isin value="US92338C1036"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CBOE GLOBAL MARKETS INC</name>
        <lei>529900RLNSGA90UPEH54</lei>
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          <isin value="US12503M1080"/>
          <ticker value="CBOE"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BROWN-FORMAN CORP</name>
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          <isin value="US1156371007"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SEI INVESTMENTS COMPANY</name>
        <lei>5LJTIFADGZ6XH1RVOC11</lei>
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          <isin value="US7841171033"/>
          <ticker value="SEIC"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEUROCRINE BIOSCIENCES INC</name>
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          <isin value="US64125C1099"/>
          <ticker value="NBIX"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GAMING AND LEISURE PROPERTIES INC</name>
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          <isin value="US36467J1088"/>
          <ticker value="GLPI"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ZOETIS INC</name>
        <lei>549300HD9Q1LOC9KLJ48</lei>
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        <cusip>98978V103</cusip>
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          <isin value="US98978V1035"/>
          <ticker value="ZTS"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FASTENAL COMPANY</name>
        <lei>529900PP0C7H2HHPSJ32</lei>
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          <isin value="US3119001044"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CNA FINANCIAL CORP</name>
        <lei>549300YX2GSZD7YG1R84</lei>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>POOL CORP</name>
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        <name>DOLBY LABORATORIES INC</name>
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      <invstOrSec>
        <name>ONEMAIN HOLDINGS INC</name>
        <lei>549300E3VEW8SMS5XW09</lei>
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          <ticker value="OMF"/>
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        <name>CHEMED CORP</name>
        <lei>54930020031IDJT2IM79</lei>
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        <name>COLUMBIA SPORTSWEAR COMPANY</name>
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        <name>IDEX CORP</name>
        <lei>549300U5Y5EL6PHYLF13</lei>
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        <name>CAMPBELL'S COMPANY (THE)</name>
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        <name>SNAP-ON INC</name>
        <lei>HHWAT5TDOYZMM26KKQ73</lei>
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        <name>NATIONAL FUEL GAS COMPANY</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>NATIONAL FUEL GAS COMPANY COM</title>
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          <ticker value="NFG"/>
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        <name>DT MIDSTREAM INC</name>
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          <ticker value="DTM"/>
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        <name>EXPAND ENERGY CORP</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>EXPAND ENERGY CORP COM</title>
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          <ticker value="EXE"/>
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        <invCountry>US</invCountry>
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        <name>DECKERS OUTDOOR CORP</name>
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      <invstOrSec>
        <name>IDEXX LABORATORIES INC</name>
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        <name>ALEXANDRIA REAL ESTATE EQUITIES INC</name>
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        <name>ALLISON TRANSMISSION HOLDINGS INC</name>
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        <name>STAG INDUSTRIAL INC</name>
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        <name>GENERAL MILLS INC</name>
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        <name>EDISON INTERNATIONAL</name>
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        <name>BATH &amp; BODY WORKS INC</name>
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        <name>CENCORA INC</name>
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        <name>AFFILIATED MANAGERS GROUP INC</name>
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        <name>PRUDENTIAL FINANCIAL INC</name>
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        <name>DILLARD'S INC</name>
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        <name>PAYCHEX INC</name>
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        <name>DUOLINGO INC</name>
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        <name>APA CORP</name>
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        <title>APA CORP COM</title>
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        <name>GAP INC (THE)</name>
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      <invstOrSec>
        <name>OLD DOMINION FREIGHT LINE INC</name>
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        <name>MAPLEBEAR INC</name>
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        <name>DOLLAR GENERAL CORP</name>
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        <name>MARKETAXESS HOLDINGS INC</name>
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        <name>KILROY REALTY CORP</name>
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        <name>GRAND CANYON EDUCATION INC</name>
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        <name>ROYALTY PHARMA PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>DELTA AIR LINES INC</name>
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        <name>CLOROX COMPANY</name>
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        <name>NETAPP INC</name>
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        <name>JBS NV</name>
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        <name>BJ'S WHOLESALE CLUB HOLDINGS INC</name>
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        <name>PRINCIPAL FINANCIAL GROUP INC</name>
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        <name>INVESCO LTD</name>
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        <name>INSTITUTIONAL FIDUCIARY TRUST</name>
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        <name>PAYCOM SOFTWARE INC</name>
        <lei>254900LSB0HNJUDC6Q18</lei>
        <title>PAYCOM SOFTWARE INC COM</title>
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        <name>MEDPACE HOLDINGS INC</name>
        <lei>549300H8TYEUVTW14A54</lei>
        <title>MEDPACE HOLDINGS INC COM</title>
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        <name>EVEREST GROUP LTD</name>
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        <title>EVEREST GROUP LTD COM STK USD0.01</title>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>ALLSTATE CORP (THE)</name>
        <lei>OBT0W1ED8G0NWVOLOJ77</lei>
        <title>ALLSTATE CORP (THE) COM</title>
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          <ticker value="ALL"/>
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      </invstOrSec>
      <invstOrSec>
        <name>CIRRUS LOGIC INC</name>
        <lei>549300NKSJEM5ZZSSV18</lei>
        <title>CIRRUS LOGIC INC COM</title>
        <cusip>172755100</cusip>
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          <isin value="US1727551004"/>
          <ticker value="CRUS"/>
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        <balance>28620.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INGREDION INC</name>
        <lei>PKSTQ48QDN0XSVS7YK88</lei>
        <title>INGREDION INC COM</title>
        <cusip>457187102</cusip>
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          <isin value="US4571871023"/>
          <ticker value="INGR"/>
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        <balance>30740.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>H &amp; R BLOCK INC</name>
        <lei>549300CE3KUCWLZBG404</lei>
        <title>H &amp; R BLOCK INC COM</title>
        <cusip>093671105</cusip>
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          <isin value="US0936711052"/>
          <ticker value="HRB"/>
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        <balance>86920.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3309913.60000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED THERAPEUTICS CORP</name>
        <lei>5299005C4HZL4UWROC14</lei>
        <title>UNITED THERAPEUTICS CORP COM</title>
        <cusip>91307C102</cusip>
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          <isin value="US91307C1027"/>
          <ticker value="UTHR"/>
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        <balance>24910.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COCA-COLA CONSOLIDATED INC</name>
        <lei>57VG5X0E00X0QJU7CQ58</lei>
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        <cusip>191098102</cusip>
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          <isin value="US1910981026"/>
          <ticker value="COKE"/>
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        <balance>36292.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SCHNEIDER NATIONAL INC</name>
        <lei>529900V6GZ6G6E3BLV72</lei>
        <title>SCHNEIDER NATIONAL INC CL B</title>
        <cusip>80689H102</cusip>
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          <isin value="US80689H1023"/>
          <ticker value="SNDR"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STERIS PLC</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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          <isin value="IE00BFY8C754"/>
          <ticker value="STE"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OLD REPUBLIC INTERNATIONAL CORP</name>
        <lei>549300IV6O2YY2A1KH37</lei>
        <title>OLD REPUBLIC INTERNATIONAL CORP COM</title>
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          <isin value="US6802231042"/>
          <ticker value="ORI"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENVUE INC</name>
        <lei>5493008HSF8L4M2LIJ82</lei>
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        <cusip>49177J102</cusip>
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          <isin value="US49177J1025"/>
          <ticker value="KVUE"/>
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        <balance>873440.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16691438.40000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MILLICOM INTERNATIONAL CELLULAR SA</name>
        <lei>549300CTHC1CP86P2G96</lei>
        <title>MILLICOM INTERNATIONAL CELLULAR SA COM STK</title>
        <cusip>000000000</cusip>
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          <isin value="LU0038705702"/>
          <ticker value="TIGO"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OVINTIV INC</name>
        <lei>2549003MEX7YMKLGI239</lei>
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        <cusip>69047Q102</cusip>
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          <isin value="US69047Q1022"/>
          <ticker value="OVV"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UBIQUITI INC</name>
        <lei>5299007MITA4DMQCU747</lei>
        <title>UBIQUITI INC COM</title>
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          <isin value="US90353W1036"/>
          <ticker value="UI"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>EXPEDITORS INTERNATIONAL OF WASHINGTON INC</name>
        <lei>984500B055A804AB6E40</lei>
        <title>EXPEDITORS INTERNATIONAL OF WASHINGTON INC COM</title>
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          <ticker value="EXPD"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <name>HALOZYME THERAPEUTICS INC</name>
        <lei>529900242I3SV9AGM753</lei>
        <title>HALOZYME THERAPEUTICS INC COM</title>
        <cusip>40637H109</cusip>
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          <ticker value="HALO"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>OMNICOM GROUP INC</name>
        <lei>HKUPACFHSSASQK8HLS17</lei>
        <title>OMNICOM GROUP INC COM</title>
        <cusip>681919106</cusip>
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      <invstOrSec>
        <name>HP INC</name>
        <lei>WHKXQACZ14C5XRO8LW03</lei>
        <title>HP INC COM</title>
        <cusip>40434L105</cusip>
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          <ticker value="HPQ"/>
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        <name>ROBERT HALF INC</name>
        <lei>529900VPCUY9H3HLIC08</lei>
        <title>ROBERT HALF INC COM</title>
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          <ticker value="RHI"/>
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        <balance>61480.00000000</balance>
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        <name>UNITED AIRLINES HOLDINGS INC</name>
        <lei>98450079DA0B78DD6764</lei>
        <title>UNITED AIRLINES HOLDINGS INC COM</title>
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          <ticker value="UAL"/>
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        <name>MSCI INC</name>
        <lei>549300HTIN2PD78UB763</lei>
        <title>MSCI INC COM</title>
        <cusip>55354G100</cusip>
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        <name>BEST BUY CO INC</name>
        <lei>HL5XPTVRV0O8TUN5LL90</lei>
        <title>BEST BUY CO INC COM</title>
        <cusip>086516101</cusip>
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          <ticker value="BBY"/>
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        <name>SS&amp;C TECHNOLOGIES HOLDINGS INC</name>
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        <title>SS&amp;C TECHNOLOGIES HOLDINGS INC COM</title>
        <cusip>78467J100</cusip>
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          <ticker value="SSNC"/>
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        <balance>53530.00000000</balance>
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        <name>CH ROBINSON WORLDWIDE INC</name>
        <lei>529900WNWN5L0OVDHA79</lei>
        <title>CH ROBINSON WORLDWIDE INC COM NEW</title>
        <cusip>12541W209</cusip>
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          <ticker value="CHRW"/>
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        <balance>71550.00000000</balance>
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        <valUSD>13475727.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC CL A</title>
        <cusip>499049104</cusip>
        <identifiers>
          <isin value="US4990491049"/>
          <ticker value="KNX"/>
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        <balance>70490.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5489056.30000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEXSTAR MEDIA GROUP INC</name>
        <lei>52990083ZRR5UT591988</lei>
        <title>NEXSTAR MEDIA GROUP INC COMMON STOCK</title>
        <cusip>65336K103</cusip>
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          <isin value="US65336K1034"/>
          <ticker value="NXST"/>
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        <balance>12703.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2268628.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLEGION PLC</name>
        <lei>984500560CAC2E6FB757</lei>
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        <cusip>000000000</cusip>
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          <isin value="IE00BFRT3W74"/>
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        <balance>46640.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6552453.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TRADEWEB MARKETS INC</name>
        <lei>N/A</lei>
        <title>TRADEWEB MARKETS INC CL A</title>
        <cusip>892672106</cusip>
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          <isin value="US8926721064"/>
          <ticker value="TW"/>
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        <balance>28090.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EASTGROUP PROPERTIES INC</name>
        <lei>31TIGQQZC4P6JMHKSW85</lei>
        <title>EASTGROUP PROPERTIES INC COM</title>
        <cusip>277276101</cusip>
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          <isin value="US2772761019"/>
          <ticker value="EGP"/>
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        <balance>24380.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN HOMES 4 RENT</name>
        <lei>549300ZJUO7A58PNUW40</lei>
        <title>AMERICAN HOMES 4 RENT CL A</title>
        <cusip>02665T306</cusip>
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          <isin value="US02665T3068"/>
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        <balance>142040.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLY FINANCIAL INC</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>ALLY FINANCIAL INC COM</title>
        <cusip>02005N100</cusip>
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          <isin value="US02005N1000"/>
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        <balance>140980.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MURPHY USA INC</name>
        <lei>549300Y081F8XIKQIO72</lei>
        <title>MURPHY USA INC COM</title>
        <cusip>626755102</cusip>
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          <isin value="US6267551025"/>
          <ticker value="MUSA"/>
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        <balance>11130.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RESMED INC</name>
        <lei>529900T3QE5253CCXF22</lei>
        <title>RESMED INC COM</title>
        <cusip>761152107</cusip>
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          <isin value="US7611521078"/>
          <ticker value="RMD"/>
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        <balance>65720.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SIRIUS XM HOLDINGS INC</name>
        <lei>N/A</lei>
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        <cusip>829933100</cusip>
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          <isin value="US8299331004"/>
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        <balance>68370.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AUTODESK INC</name>
        <lei>FRKKVKAIQEF3FCSTPG55</lei>
        <title>AUTODESK INC COM</title>
        <cusip>052769106</cusip>
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          <isin value="US0527691069"/>
          <ticker value="ADSK"/>
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        <balance>60420.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAMAR ADVERTISING COMPANY</name>
        <lei>529900Y8WW4MKVPTB543</lei>
        <title>LAMAR ADVERTISING COMPANY CL A</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>RINGCENTRAL INC</name>
        <lei>549300C8EH0H1614VE84</lei>
        <title>RINGCENTRAL INC CL A</title>
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          <ticker value="RNG"/>
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        <balance>35510.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SYSCO CORP</name>
        <lei>5RGWIFLMGH3YS7KWI652</lei>
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        <name>CROCS INC</name>
        <lei>549300B0J6YCXD63OG72</lei>
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        <name>LAS VEGAS SANDS CORP</name>
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        <name>ELECTRONIC ARTS INC</name>
        <lei>549300O7A67PUEYKDL45</lei>
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        <name>PILGRIM'S PRIDE CORP</name>
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        <name>HEICO CORP</name>
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        <name>PERMIAN RESOURCES CORP</name>
        <lei>529900NXUJPOKU7OJ511</lei>
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        <name>LKQ CORP</name>
        <lei>DS830JTTZQN6GK0I2E41</lei>
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        <name>FACTSET RESEARCH SYSTEMS INC</name>
        <lei>549300ZSJE7NBK6K9P30</lei>
        <title>FACTSET RESEARCH SYSTEMS INC COM</title>
        <cusip>303075105</cusip>
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          <ticker value="FDS"/>
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        <name>VERISIGN INC</name>
        <lei>LMPL4N8ZOJRMF0KOF759</lei>
        <title>VERISIGN INC COM</title>
        <cusip>92343E102</cusip>
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          <ticker value="VRSN"/>
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        <invCountry>US</invCountry>
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        <name>TERADYNE INC</name>
        <lei>C3X4YJ278QNZHRJULN75</lei>
        <title>TERADYNE INC COM</title>
        <cusip>880770102</cusip>
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          <isin value="US8807701029"/>
          <ticker value="TER"/>
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        <balance>38160.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18463334.40000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>YUM! BRANDS INC</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM! BRANDS INC COM</title>
        <cusip>988498101</cusip>
        <identifiers>
          <isin value="US9884981013"/>
          <ticker value="YUM"/>
        </identifiers>
        <balance>101760.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16267353.60000000</valUSD>
        <pctVal>1.060462085054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARCH CAPITAL GROUP LTD</name>
        <lei>549300AYR4P8AFKDCE43</lei>
        <title>ARCH CAPITAL GROUP LTD ORD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG0450A1053"/>
          <ticker value="ACGL"/>
        </identifiers>
        <balance>169070.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16409934.20000000</valUSD>
        <pctVal>1.069756855677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONSTELLATION BRANDS INC</name>
        <lei>5493005GKEG8QCVY7037</lei>
        <title>CONSTELLATION BRANDS INC CL A</title>
        <cusip>21036P108</cusip>
        <identifiers>
          <isin value="US21036P1084"/>
          <ticker value="STZ"/>
        </identifiers>
        <balance>34980.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4865368.20000000</valUSD>
        <pctVal>0.317171350226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADT INC</name>
        <lei>N/A</lei>
        <title>ADT INC COM</title>
        <cusip>00090Q103</cusip>
        <identifiers>
          <isin value="US00090Q1031"/>
          <ticker value="ADT"/>
        </identifiers>
        <balance>138330.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>899145.00000000</valUSD>
        <pctVal>0.058614892434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DOCUSIGN INC</name>
        <lei>549300Q7PVDWRZ39JG09</lei>
        <title>DOCUSIGN INC COM</title>
        <cusip>256163106</cusip>
        <identifiers>
          <isin value="US2561631068"/>
          <ticker value="DOCU"/>
        </identifiers>
        <balance>112360.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4991031.20000000</valUSD>
        <pctVal>0.325363269470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CINCINNATI FINANCIAL CORP</name>
        <lei>254900Q4WEDMZBOZ0002</lei>
        <title>CINCINNATI FINANCIAL CORP COM</title>
        <cusip>172062101</cusip>
        <identifiers>
          <isin value="US1720621010"/>
          <ticker value="CINF"/>
        </identifiers>
        <balance>95930.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17760480.20000000</valUSD>
        <pctVal>1.157798393492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PINTEREST INC</name>
        <lei>529900Y043CEBGO4HB65</lei>
        <title>PINTEREST INC CL A</title>
        <cusip>72352L106</cusip>
        <identifiers>
          <isin value="US72352L1061"/>
          <ticker value="PINS"/>
        </identifiers>
        <balance>266590.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5606387.70000000</valUSD>
        <pctVal>0.365478106405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHEWY INC</name>
        <lei>254900NPQSTG9I422879</lei>
        <title>CHEWY INC CL A</title>
        <cusip>16679L109</cusip>
        <identifiers>
          <isin value="US16679L1098"/>
          <ticker value="CHWY"/>
        </identifiers>
        <balance>64660.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1270569.00000000</valUSD>
        <pctVal>0.082827870105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCIENCE APPLICATIONS INTERNATIONAL CORP</name>
        <lei>549300LZPNZIXQGZPZ48</lei>
        <title>SCIENCE APPLICATIONS INTERNATIONAL CORP COM</title>
        <cusip>808625107</cusip>
        <identifiers>
          <isin value="US8086251076"/>
          <ticker value="SAIC"/>
        </identifiers>
        <balance>10600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1170346.00000000</valUSD>
        <pctVal>0.076294373990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MSC INDUSTRIAL DIRECT CO INC</name>
        <lei>0XVKH0LN6YGOWO2EGO17</lei>
        <title>MSC INDUSTRIAL DIRECT CO INC CL A</title>
        <cusip>553530106</cusip>
        <identifiers>
          <isin value="US5535301064"/>
          <ticker value="MSM"/>
        </identifiers>
        <balance>30740.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3656523.00000000</valUSD>
        <pctVal>0.238367229235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHORD ENERGY CORP</name>
        <lei>529900FA4V2YNIKZ0M71</lei>
        <title>CHORD ENERGY CORP COM NEW</title>
        <cusip>674215207</cusip>
        <identifiers>
          <isin value="US6742152076"/>
          <ticker value="CHRD"/>
        </identifiers>
        <balance>14310.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1635633.00000000</valUSD>
        <pctVal>0.106626241994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNUM GROUP</name>
        <lei>549300E32YFDO6TZ8R31</lei>
        <title>UNUM GROUP COM</title>
        <cusip>91529Y106</cusip>
        <identifiers>
          <isin value="US91529Y1064"/>
          <ticker value="UNM"/>
        </identifiers>
        <balance>85860.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7675884.00000000</valUSD>
        <pctVal>0.500387718336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OMEGA HEALTHCARE INVESTORS INC</name>
        <lei>549300OJ7ENK42CZ8E73</lei>
        <title>OMEGA HEALTHCARE INVESTORS INC COM</title>
        <cusip>681936100</cusip>
        <identifiers>
          <isin value="US6819361006"/>
          <ticker value="OHI"/>
        </identifiers>
        <balance>164830.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7859094.40000000</valUSD>
        <pctVal>0.512331128897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GARTNER INC</name>
        <lei>PP55B5R38BFB8O8HH686</lei>
        <title>GARTNER INC COM</title>
        <cusip>366651107</cusip>
        <identifiers>
          <isin value="US3666511072"/>
          <ticker value="IT"/>
        </identifiers>
        <balance>43460.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5633285.20000000</valUSD>
        <pctVal>0.367231543359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEXAS ROADHOUSE INC</name>
        <lei>5299002Y1CNRPDGXTQ75</lei>
        <title>TEXAS ROADHOUSE INC COM</title>
        <cusip>882681109</cusip>
        <identifiers>
          <isin value="US8826811098"/>
          <ticker value="TXRH"/>
        </identifiers>
        <balance>48760.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9421894.80000000</valUSD>
        <pctVal>0.614209443677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSAL HEALTH SERVICES INC</name>
        <lei>549300YGMGQDO0NMJD09</lei>
        <title>UNIVERSAL HEALTH SERVICES INC CL B</title>
        <cusip>913903100</cusip>
        <identifiers>
          <isin value="US9139031002"/>
          <ticker value="UHS"/>
        </identifiers>
        <balance>41870.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6225650.30000000</valUSD>
        <pctVal>0.405847580392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      
      
      
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-08-25</ncom:dateSigned>
      <ncom:nameOfApplicant>Franklin Templeton ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Monica Krogh</ncom:signature>
      <ncom:signerName>Monica Krogh</ncom:signerName>
      <ncom:title>Assistant Treasurer Controller, US Fund Administration and Oversight</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
