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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chesapeake Utilities Corp.</name>
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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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      <invstOrSec>
        <name>Mirion Technologies, Inc.</name>
        <lei>549300BNTOWVWFNVTJ65</lei>
        <title>Mirion Technologies, 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>Gulfport Energy Corp.</name>
        <lei>254900DJRGZBUZ3F5038</lei>
        <title>Gulfport Energy Corp.</title>
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          <isin value="US4026355028"/>
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        <balance>24690.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WesBanco, Inc.</name>
        <lei>N/A</lei>
        <title>WesBanco, Inc.</title>
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          <isin value="US9508101014"/>
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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>FirstCash Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>FirstCash Holdings, Inc.</title>
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          <isin value="US33768G1076"/>
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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>Brinker International, Inc.</name>
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        <title>Brinker International, Inc.</title>
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          <isin value="US1096411004"/>
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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>Lemonade, Inc.</name>
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        <title>Lemonade, 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>Esab Corp.</name>
        <lei>549300ZNV0SWBXEIWT04</lei>
        <title>Esab Corp.</title>
        <cusip>29605J106</cusip>
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          <isin value="US29605J1060"/>
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        <balance>55193.00000000</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>uniQure NV</name>
        <lei>724500RPCTZLFYJZ3S98</lei>
        <title>uniQure NV</title>
        <cusip>N/A</cusip>
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          <isin value="NL0010696654"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>D-Wave Quantum, Inc.</name>
        <lei>5493001U37G4PRD4GW95</lei>
        <title>D-Wave Quantum, 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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tango Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Tango Therapeutics, 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>TriCo Bancshares</name>
        <lei>N/A</lei>
        <title>TriCo Bancshares</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>Meritage Homes Corp.</name>
        <lei>52990044W9UMFJO2FB97</lei>
        <title>Meritage Homes 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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        <name>Damora Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Damora Therapeutics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Timken Co. (The)</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>OPENLANE, Inc.</name>
        <lei>5493004HKD20LBSG7D03</lei>
        <title>OPENLANE, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Camden National Corp.</name>
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        <title>Camden National Corp.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>ICU Medical, Inc.</name>
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        <title>ICU Medical, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Aevex Corp.</name>
        <lei>N/A</lei>
        <title>Aevex Corp., Class A</title>
        <cusip>00835T107</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Semtech Corp.</name>
        <lei>549300J7WUY317SW6O61</lei>
        <title>Semtech Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ADTRAN Holdings, Inc.</name>
        <lei>549300VV36J86CRRWF77</lei>
        <title>ADTRAN Holdings, Inc.</title>
        <cusip>00486H105</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Amylyx Pharmaceuticals, Inc.</name>
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        <title>Amylyx Pharmaceuticals, Inc.</title>
        <cusip>03237H101</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>Dyne Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Dyne Therapeutics, Inc.</title>
        <cusip>26818M108</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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        <name>James Hardie Industries plc</name>
        <lei>635400NSGXKTVOO7JU45</lei>
        <title>James Hardie Industries plc</title>
        <cusip>N/A</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Innodata, Inc.</name>
        <lei>L9O7MPYIT56T6KBE0R95</lei>
        <title>Innodata, Inc.</title>
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          <isin value="US4576422053"/>
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        <balance>56569.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4275485.02000000</valUSD>
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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>
      <invstOrSec>
        <name>Rhythm Pharmaceuticals, Inc.</name>
        <lei>529900JPNWXQ8DPLA551</lei>
        <title>Rhythm Pharmaceuticals, Inc.</title>
        <cusip>76243J105</cusip>
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          <isin value="US76243J1051"/>
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        <balance>89711.00000000</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>
      <invstOrSec>
        <name>Urban Outfitters, Inc.</name>
        <lei>549300N3DUFR5U6NRN38</lei>
        <title>Urban Outfitters, Inc.</title>
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          <isin value="US9170471026"/>
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        <balance>90311.00000000</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>Old National Bancorp</name>
        <lei>549300MMK90CL5KMVX16</lei>
        <title>Old National Bancorp</title>
        <cusip>680033107</cusip>
        <identifiers>
          <isin value="US6800331075"/>
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        <balance>569827.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14758519.30000000</valUSD>
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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>Hawkins, Inc.</name>
        <lei>549300VL3IJ23OWX1Y34</lei>
        <title>Hawkins, Inc.</title>
        <cusip>420261109</cusip>
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          <isin value="US4202611095"/>
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        <balance>14727.00000000</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>Centerspace</name>
        <lei>5493002LG2SH9EEHT720</lei>
        <title>Centerspace</title>
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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>VeraDermics, Inc.</name>
        <lei>N/A</lei>
        <title>VeraDermics, Inc.</title>
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          <isin value="US9229671048"/>
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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>Saia, Inc.</name>
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        <title>Saia, Inc.</title>
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          <isin value="US78709Y1055"/>
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        <balance>17413.00000000</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>PDF Solutions, Inc.</name>
        <lei>549300GMSP6MROFBI160</lei>
        <title>PDF Solutions, Inc.</title>
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          <isin value="US6932821050"/>
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        <balance>127543.00000000</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>Kodiak Gas Services, Inc.</name>
        <lei>N/A</lei>
        <title>Kodiak Gas Services, Inc.</title>
        <cusip>50012A108</cusip>
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          <isin value="US50012A1088"/>
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        <balance>122709.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9219127.17000000</valUSD>
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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>Cactus, Inc.</name>
        <lei>549300J3T8C9F8QFKV08</lei>
        <title>Cactus, Inc., Class A</title>
        <cusip>127203107</cusip>
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          <isin value="US1272031071"/>
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        <balance>136693.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7002782.39000000</valUSD>
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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>Apple Hospitality REIT, Inc.</name>
        <lei>549300EVZAR0FBZO4F16</lei>
        <title>Apple Hospitality REIT, Inc.</title>
        <cusip>03784Y200</cusip>
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          <isin value="US03784Y2000"/>
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        <balance>548439.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9219259.59000000</valUSD>
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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>QCR Holdings, Inc.</name>
        <lei>549300MWKWM7KWJVQO33</lei>
        <title>QCR Holdings, Inc.</title>
        <cusip>74727A104</cusip>
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        <balance>119518.00000000</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>Merit Medical Systems, Inc.</name>
        <lei>549300OYTY138SP2CE83</lei>
        <title>Merit Medical Systems, Inc.</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>Lantheus Holdings, Inc.</name>
        <lei>5299005HUB5IOJGO7S39</lei>
        <title>Lantheus Holdings, Inc.</title>
        <cusip>516544103</cusip>
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        <balance>67207.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7455944.58000000</valUSD>
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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>
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      <invstOrSec>
        <name>JFrog Ltd.</name>
        <lei>2549002N8E00AY49G567</lei>
        <title>JFrog Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011684185"/>
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        <balance>154000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13995520.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>Virtus Investment Partners, Inc.</name>
        <lei>549300HWF93HB8BDM648</lei>
        <title>Virtus Investment Partners, Inc.</title>
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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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      <invstOrSec>
        <name>Old Second Bancorp, Inc.</name>
        <lei>549300XVJC1MPUT81C04</lei>
        <title>Old Second Bancorp, 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>LB Pharmaceuticals, Inc.</name>
        <lei>N/A</lei>
        <title>LB Pharmaceuticals, Inc.</title>
        <cusip>50180M108</cusip>
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          <isin value="US50180M1080"/>
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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>Nextpower, Inc.</name>
        <lei>N/A</lei>
        <title>Nextpower, Inc., Class A</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>Innospec, Inc.</name>
        <lei>213800SQBACNY5IWJO68</lei>
        <title>Innospec, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ingram Micro Holding Corp.</name>
        <lei>9845008639BC538AB065</lei>
        <title>Ingram Micro Holding Corp.</title>
        <cusip>457152106</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>Dave, Inc.</name>
        <lei>25490061SUVXCW51RZ82</lei>
        <title>Dave, Inc.</title>
        <cusip>23834J201</cusip>
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          <isin value="US23834J2015"/>
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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>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Disc Medicine, Inc.</name>
        <lei>N/A</lei>
        <title>Disc Medicine, Inc.</title>
        <cusip>254604101</cusip>
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        <balance>87166.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6375321.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>McGrath RentCorp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hims &amp; Hers Health, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Mueller Industries, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SPX Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hillman Solutions Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Korn Ferry</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cushman &amp; Wakefield Ltd.</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kirby Corp.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Viavi Solutions, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Essential Properties Realty Trust, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Chord Energy Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bruker Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Box, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Immunome, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lamb Weston Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Concentra Group Holdings Parent, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cytokinetics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Visteon Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vertex, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Casella Waste Systems, Inc.</name>
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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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        <name>Generate Biomedicines, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HealthEquity, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Jade Biosciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Compass, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Enphase Energy, Inc.</name>
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        <title>Enphase Energy, Inc.</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>La-Z-Boy, 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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Xenon Pharmaceuticals, Inc.</name>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Insight Enterprises, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Agilysys, Inc.</name>
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        <title>Agilysys, 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>Ensign Group, Inc. (The)</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>Parabilis Medicines, Inc.</name>
        <lei>N/A</lei>
        <title>Parabilis Medicines, 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>Independent Bank Corp.</name>
        <lei>N/A</lei>
        <title>Independent Bank Corp.</title>
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          <isin value="US4538386099"/>
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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>Plexus Corp.</name>
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        <title>Plexus Corp.</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>NBT Bancorp, Inc.</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VSE Corp.</name>
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        <title>VSE Corp.</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>UFP Industries, Inc.</name>
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        <title>UFP Industries, 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>Moog, Inc.</name>
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        <title>Moog, Inc., Class A</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>Warby Parker, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Simpson Manufacturing Co., Inc.</name>
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        <title>Simpson Manufacturing Co., Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Cars.com, Inc.</name>
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        <title>Cars.com, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>First Commonwealth Financial Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>UniFirst Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Encompass Health Corp.</name>
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        <title>Encompass Health Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>JBT Marel Corp.</name>
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        <title>JBT Marel Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Levi Strauss &amp; Co.</name>
        <lei>MB0UERO0RDFKU8258G77</lei>
        <title>Levi Strauss &amp; Co., Class A</title>
        <cusip>52736R102</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>Federal Signal Corp.</name>
        <lei>549300RTXZRPTNP6G884</lei>
        <title>Federal Signal Corp.</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>Herc Holdings, Inc.</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings, Inc.</title>
        <cusip>42704L104</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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      <invstOrSec>
        <name>Fervo Energy Co.</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Littelfuse, Inc.</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Magnolia Oil &amp; Gas Corp.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Firefly Aerospace, Inc.</name>
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          <isin value="US31816X1063"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VF Corp.</name>
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        <title>VF 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>Figure Technology Solutions, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LivaNova plc</name>
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        <title>LivaNova plc</title>
        <cusip>N/A</cusip>
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          <isin value="GB00BYMT0J19"/>
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        <payoffProfile>Long</payoffProfile>
        <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>Life Time Group Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Life Time Group Holdings, Inc.</title>
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          <isin value="US53190C1027"/>
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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>Associated Banc-Corp.</name>
        <lei>549300N3CIN473IW5094</lei>
        <title>Associated Banc-Corp.</title>
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          <isin value="US0454871056"/>
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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>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vaxcyte, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Entravision Communications Corp.</name>
        <lei>549300SKHY2ALCLKV539</lei>
        <title>Entravision Communications Corp., Class A</title>
        <cusip>29382R107</cusip>
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          <isin value="US29382R1077"/>
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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>Clear Secure, Inc.</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Procore Technologies, Inc.</name>
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        <title>Procore Technologies, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Dpc Holdings Ltd.</name>
        <lei>N/A</lei>
        <title>Dpc Holdings Ltd.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Easterly Government Properties, Inc.</name>
        <lei>549300ERMCEFC6S8HL77</lei>
        <title>Easterly Government Properties, Inc., Class A</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>First Merchants Corp.</name>
        <lei>TZTBT0OTGQ2FEK6XMX94</lei>
        <title>First Merchants Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Ollie's Bargain Outlet Holdings, Inc.</name>
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        <title>Ollie's Bargain Outlet Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Oruka Therapeutics, Inc.</name>
        <lei>529900TG7O4ESUDMGI54</lei>
        <title>Oruka Therapeutics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>MediaAlpha, Inc.</name>
        <lei>N/A</lei>
        <title>MediaAlpha, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Unitil Corp.</name>
        <lei>N/A</lei>
        <title>Unitil Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Petco Health &amp; Wellness Co., Inc.</name>
        <lei>2549007TYGV6RVSE9M61</lei>
        <title>Petco Health &amp; Wellness Co., 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>Lumen Technologies, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>Lumen Technologies, Inc.</title>
        <cusip>550241103</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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        <name>Eagle Materials, Inc.</name>
        <lei>529900KRXRGXL61SG039</lei>
        <title>Eagle Materials, Inc.</title>
        <cusip>26969P108</cusip>
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        <valUSD>5550300.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dole plc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Aehr Test Systems</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan Prime Money Market Fund</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>American States Water Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Newamsterdam Pharma Co. NV</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JPMorgan Securities Lending Money Market Fund</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Crinetics Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Matador Resources Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>YETI Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IMAX Corp.</name>
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        <title>IMAX Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Viking Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ServisFirst Bancshares, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CNX Resources Corp.</name>
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        <title>CNX Resources Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Rush Enterprises, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Globant SA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Global-e Online Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MSA Safety, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Evercore, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kadant, Inc.</name>
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        <title>Kadant, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Sanmina Corp.</name>
        <lei>X5K24XLM8QYRXF00EB42</lei>
        <title>Sanmina Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>REGENXBIO, Inc.</name>
        <lei>549300EOES47LATSET33</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Alliance Laundry Holdings, Inc.</name>
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        <title>Alliance Laundry Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Ameris Bancorp</name>
        <lei>PBJHNT51T5V6G5UQFV42</lei>
        <title>Ameris Bancorp</title>
        <cusip>03076K108</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>Cadre Holdings, Inc.</name>
        <lei>2549006IKQEWJ8M7CB97</lei>
        <title>Cadre Holdings, Inc.</title>
        <cusip>12763L105</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>Sabra Health Care REIT, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Piper Sandler Cos.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Synaptics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WSFS Financial Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Allegro MicroSystems, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Ouster, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Independence Realty Trust, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Wingstop, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Patrick Industries, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>John Wiley &amp; Sons, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Myers Industries, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kardigan, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>M/I Homes, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Wyndham Hotels &amp; Resorts, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hayward Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Tanger, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Primoris Services Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CECO Environmental Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Guidewire Software, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Corsair Gaming, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Reynolds Consumer Products, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Dorman Products, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Marten Transport Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HB Fuller Co.</name>
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        <title>HB Fuller Co.</title>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Primo Brands Corp.</name>
        <lei>254900J0WS4AXV2LAX55</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PennyMac Financial Services, Inc.</name>
        <lei>549300W1D516HBDEU871</lei>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Onto Innovation, Inc.</name>
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        <title>Onto Innovation, Inc.</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SentinelOne, Inc.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BlackLine, Inc.</name>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Terreno Realty Corp.</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kite Realty Group Trust</name>
        <lei>N/A</lei>
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          <isin value="US49803T3005"/>
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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>Ralliant Corp.</name>
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        <title>Ralliant Corp.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City Holding Co.</name>
        <lei>N/A</lei>
        <title>City Holding Co.</title>
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          <isin value="US1778351056"/>
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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>Columbia Banking System, Inc.</name>
        <lei>254900CTRJTQZ3BJ2V17</lei>
        <title>Columbia Banking System, 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>nLight, Inc.</name>
        <lei>N/A</lei>
        <title>nLight, 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>Modine Manufacturing Co.</name>
        <lei>Z35SZFYJR8GZZRSIUU09</lei>
        <title>Modine Manufacturing Co.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Sportradar Group AG</name>
        <lei>549300H1P33YOAT7Z533</lei>
        <title>Sportradar Group AG, Class A</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Selective Insurance Group, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Varonis Systems, Inc.</name>
        <lei>549300SHIVNRRH7STS26</lei>
        <title>Varonis Systems, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Hexcel Corp.</name>
        <lei>S6Q7LW43WUBUHXY2QP69</lei>
        <title>Hexcel Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>DigitalOcean Holdings, Inc.</name>
        <lei>549300EPISPY3RE3DL21</lei>
        <title>DigitalOcean Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Prestige Consumer Healthcare, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lithia Motors, Inc.</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
        <title>Lithia Motors, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Interparfums, Inc.</name>
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        <title>Interparfums, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>IRhythm Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>IRhythm Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Evommune, Inc.</name>
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        <title>Evommune, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ScanSource, Inc.</name>
        <lei>7FHBAN017QDY4K2KP156</lei>
        <title>ScanSource, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hinge Health, Inc.</name>
        <lei>N/A</lei>
        <title>Hinge Health, Inc., Class A</title>
        <cusip>433313103</cusip>
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        <valUSD>5874989.00000000</valUSD>
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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>Boyd Gaming Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Glaukos Corp.</name>
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        <title>Glaukos Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Spyre Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Waystar Holding Corp.</name>
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        <title>Waystar Holding Corp.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hemab Therapeutics Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kulicke &amp; Soffa Industries, 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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        <name>SpyGlass Pharma, Inc.</name>
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        <title>SpyGlass Pharma, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Argan, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Solv Energy, Inc.</name>
        <lei>N/A</lei>
        <title>Solv Energy, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SouthState Bank Corp.</name>
        <lei>N/A</lei>
        <title>SouthState Bank 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>Lumexa Imaging Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Lumexa Imaging 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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IDACORP, Inc.</name>
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        <title>IDACORP, 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>Karman Holdings, Inc.</name>
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        <title>Karman Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Broadstone Net Lease, 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>Braze, Inc.</name>
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        <title>Braze, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>SiTime Corp.</name>
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        <title>SiTime Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>OSI Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Commvault Systems, Inc.</name>
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        <title>Commvault Systems, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Vicor Corp.</name>
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        <title>Vicor Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Highwoods Properties, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>American Healthcare REIT, Inc.</name>
        <lei>2549004GGE2APGNT6O92</lei>
        <title>American Healthcare REIT, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Phillips Edison &amp; Co., Inc.</name>
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        <title>Phillips Edison &amp; Co., Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Simmons First National Corp.</name>
        <lei>549300IVR5AJKUVOGN05</lei>
        <title>Simmons First National Corp., Class A</title>
        <cusip>828730200</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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        <fairValLevel>1</fairValLevel>
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        <name>Weatherford International plc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Liftoff Mobile, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Portland General Electric Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Quaker Chemical Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ONE Gas, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Navitas Semiconductor Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BancFirst Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AZZ, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Donnelley Financial Solutions, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Caris Life Sciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Joby Aviation, 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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        <name>Sionna Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rambus, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Provident Financial Services, 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>Avient Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TransMedics Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Seaport Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MaxLinear, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Inmode Ltd.</name>
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        <title>Inmode Ltd.</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>StoneX Group, Inc.</name>
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        <title>StoneX Group, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dycom Industries, Inc.</name>
        <lei>549300F56EKTHQI3WT60</lei>
        <title>Dycom Industries, Inc.</title>
        <cusip>267475101</cusip>
        <identifiers>
          <isin value="US2674751019"/>
        </identifiers>
        <balance>13671.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6911920.89000000</valUSD>
        <pctVal>0.408473458517</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>Maze Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Maze Therapeutics, Inc.</title>
        <cusip>578784100</cusip>
        <identifiers>
          <isin value="US5787841007"/>
        </identifiers>
        <balance>133927.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3996381.68000000</valUSD>
        <pctVal>0.236173977156</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>Victoria's Secret &amp; Co.</name>
        <lei>5493006T3O70U3UWVF17</lei>
        <title>Victoria's Secret &amp; Co.</title>
        <cusip>926400102</cusip>
        <identifiers>
          <isin value="US9264001028"/>
        </identifiers>
        <balance>48975.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4088433.00000000</valUSD>
        <pctVal>0.241613929615</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>Stagwell, Inc.</name>
        <lei>549300KIYTU6J3NYJ009</lei>
        <title>Stagwell, Inc.</title>
        <cusip>85256A109</cusip>
        <identifiers>
          <isin value="US85256A1097"/>
        </identifiers>
        <balance>1673060.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12430835.80000000</valUSD>
        <pctVal>0.734624509205</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>Graham Holdings Co.</name>
        <lei>529900BOSCEEEMAFQJ29</lei>
        <title>Graham Holdings Co., Class B</title>
        <cusip>384637104</cusip>
        <identifiers>
          <isin value="US3846371041"/>
        </identifiers>
        <balance>8118.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9266047.56000000</valUSD>
        <pctVal>0.547595169830</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>Valmont Industries, Inc.</name>
        <lei>5493009ZGZJJ8F77JN08</lei>
        <title>Valmont Industries, Inc.</title>
        <cusip>920253101</cusip>
        <identifiers>
          <isin value="US9202531011"/>
        </identifiers>
        <balance>12501.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7220577.60000000</valUSD>
        <pctVal>0.426714129357</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>Applied Industrial Technologies, Inc.</name>
        <lei>549300NU173IJRC6PO38</lei>
        <title>Applied Industrial Technologies, Inc.</title>
        <cusip>03820C105</cusip>
        <identifiers>
          <isin value="US03820C1053"/>
        </identifiers>
        <balance>46597.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15756775.55000000</valUSD>
        <pctVal>0.931177411665</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>
      
      
      
      
      
      
      
      
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>JPMorgan Trust I</ncom:nameOfApplicant>
      <ncom:signature>Timothy J. Clemens</ncom:signature>
      <ncom:signerName>Timothy J. Clemens</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
