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        <fairValLevel>1</fairValLevel>
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        <name>AXCELIS TECHNOLOGIES INC</name>
        <lei>529900HF9B6NL1QG9F05</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AXOS FINANCIAL INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BEL FUSE INC</name>
        <lei>2549009L4XYDBRRY6X39</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BELDEN INC</name>
        <lei>68BKYO1JC791TTJHUE82</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLUE BIRD CORP</name>
        <lei>5493004ZXJUUWQ65ER59</lei>
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          <isin value="US0953061068"/>
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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>BOOT BARN HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRADY CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BRINKS CO</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CALERES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CARRIAGE SERVICES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CELLDEX THERAPEUTICS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AVALO THERAPEUTICS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CHEESECAKE FACTORY (THE)</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>COMMERCIAL METALS CO</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SIGNET JEWELERS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>DXP ENTERPRISES INC/TX</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>DIODES 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>EAGLE MATLS 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>ENSIGN GROUP INC</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>EVERTEC INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EZCORP INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FNB CORP PA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fidelity Revere Street Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fidelity Revere Street Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FIRST AMERICAN FINANCIAL CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HB FULLER CO</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GIBRALTAR INDUSTRIES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FABRINET</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>GRAND CANYON EDUCATION INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GRANITE CONSTRUCTION INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GRIFFON CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HAEMONETICS CORP MASS</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HANCOCK WHITNEY CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HERC HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JAZZ PHARMACEUTICALS PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>TECNOGLASS HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>IES HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ITRON INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JBT MAREL CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>KB HOME</name>
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        <fairValLevel>1</fairValLevel>
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        <name>KENNAMETAL INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LSI INDUSTRIES INC OHIO</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LANTHEUS HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LITHIA MOTORS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>STEVEN MADDEN LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MATSON INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MERIT MEDICAL SYSTEMS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PATHWARD FINANCIAL INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MILLER INDUSTRIES INC TENN</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MINERALS TECHNOLOGIES INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ICON PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>MUELLER INDUSTRIES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MUELLER WTR PRODS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>OLD NATIONAL BANCORP (IND)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LIMBACH HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>OSHKOSH CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PARK AEROSPACE CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PHIBRO ANIMAL HEALTH CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>REINSURANCE GROUP OF AMERICA INC</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>TRAVERE THERAPEUTICS INC</name>
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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>SLM CORP</name>
        <lei>4K8SLPBF5DXXGPW03H93</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>SPX TECHNOLOGIES INC</name>
        <lei>P761FCI0CPOG24I8JE10</lei>
        <title>SPX TECHNOLOGIES INC</title>
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        <fairValLevel>1</fairValLevel>
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        <name>LIVANOVA PLC</name>
        <lei>2138001K2FX6SHK2B339</lei>
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        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <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>VIRIDIAN THERAPEUTICS INC</name>
        <lei>549300C775BNYF550E70</lei>
        <title>VIRIDIAN THERAPEUTICS INC</title>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SILICON MOTION TECH CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>SSR MINING INC</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>TD SYNNEX CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>SOLARIS ENERGY INFRASTRUCTURE INC</name>
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        <fairValLevel>1</fairValLevel>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL ENERGY SERVICES REUNITED CORP</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="VGG6375R1073"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>VG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL VISION HOLDINGS INC</name>
        <lei>549300JHURCBLI5ROA42</lei>
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          <isin value="US63845R1077"/>
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        <balance>532365.00000000</balance>
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        <curCd>USD</curCd>
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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>COMPASS INC</name>
        <lei>254900DMGQSTC3I2IM78</lei>
        <title>COMPASS INC</title>
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          <isin value="US20464U1007"/>
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        <curCd>USD</curCd>
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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>SOLID BIOSCIENCES INC</name>
        <lei>N/A</lei>
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          <isin value="US83422E2046"/>
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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>KINIKSA PHARMACEUTICALS INTERNATIONAL PLC</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="GB00BRXB0C07"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COGENT BIOSCIENCES INC</name>
        <lei>N/A</lei>
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          <isin value="US19240Q2012"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SENSATA TECHNOLOGIES HOLDING PLC</name>
        <lei>529900MS7KFYCY9MS037</lei>
        <title>SENSATA TECHNOLOGIES HOLDING PLC</title>
        <cusip>N/A</cusip>
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          <isin value="GB00BFMBMT84"/>
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        <balance>868400.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DIANTHUS THERAPEUTICS INC</name>
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        <title>DIANTHUS THERAPEUTICS INC</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ELANCO ANIMAL HEALTH INC</name>
        <lei>549300SHPNDCE059M934</lei>
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        <balance>489581.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GARRETT MOTION INC</name>
        <lei>549300LS5WT7EMBNV724</lei>
        <title>GARRETT MOTION INC</title>
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          <isin value="US3665051054"/>
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        <balance>549600.00000000</balance>
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        <curCd>USD</curCd>
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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>RESIDEO TECHNOLOGIES INC</name>
        <lei>5493006TKFPYISY2DS54</lei>
        <title>RESIDEO TECHNOLOGIES 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>STONECO LTD</name>
        <lei>549300O1A9LEF0XZCR35</lei>
        <title>STONECO LTD CL A</title>
        <cusip>N/A</cusip>
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        <balance>453900.00000000</balance>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TREVI THERAPEUTICS INC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>PROGYNY 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>PENNANT GROUP INC(THE)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BALDWIN INSURANCE GROUP INC/THE</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>OVINTIV INC</name>
        <lei>2549003MEX7YMKLGI239</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>ENLIVEN THERAPEUTICS INC</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>LEGEND BIOTECH CORP</name>
        <lei>254900EIUFZTW136H859</lei>
        <title>LEGEND BIOTECH CORP SPON ADR</title>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ADEIA INC</name>
        <lei>N/A</lei>
        <title>ADEIA INC</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>VAXCYTE INC</name>
        <lei>254900M7NMHTGASX8D95</lei>
        <title>VAXCYTE INC</title>
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        <balance>237500.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>VOR BIOPHARMA INC</name>
        <lei>N/A</lei>
        <title>VOR BIOPHARMA INC</title>
        <cusip>929033207</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RELAY THERAPEUTICS INC</name>
        <lei>N/A</lei>
        <title>RELAY THERAPEUTICS INC</title>
        <cusip>75943R102</cusip>
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        <balance>485900.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9149497.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANNEXON INC</name>
        <lei>N/A</lei>
        <title>ANNEXON INC</title>
        <cusip>03589W102</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>NURIX THERAPEUTICS INC</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DISC MEDICINE INC</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>ACADEMY SPORTS and OUTDOORS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PRAXIS PRECISION MEDICINES INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TARSUS PHARMACEUTICALS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>EASTERN BANKSHARES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HILLMAN SOLUTIONS CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OLEMA PHARMACEUTICALS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CHORD ENERGY CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PATRIA INVESTMENTS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TYRA BIOSCIENCES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JADE BIOSCIENCES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>CORE and MAIN INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JANUX THERAPEUTICS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>REMITLY GLOBAL INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BRIGHTSPRING HEALTH SERVICES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TERAWULF INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FIRSTCASH HOLDINGS INC</name>
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        <name>AMYLYX PHARMACEUTICALS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SUPER GROUP SGHC LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GIGACLOUD TECHNOLOGY INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>NEWAMSTERDAM PHARMA COMPANY NV</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>NEXTPOWER INC</name>
        <lei>N/A</lei>
        <title>NEXTPOWER INC</title>
        <cusip>65290E101</cusip>
        <identifiers>
          <isin value="US65290E1010"/>
        </identifiers>
        <balance>106670.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9586432.90000000</valUSD>
        <pctVal>0.422042039383</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>BITDEER TECHNOLOGIES GROUP</name>
        <lei>2549007M2KGWVJ9XFP20</lei>
        <title>BITDEER TECHNOLOGIES GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG114481008"/>
        </identifiers>
        <balance>82400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>866848.00000000</valUSD>
        <pctVal>0.038162922702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="686956.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELECTROVAYA INC</name>
        <lei>529900I7K6S0AGKS2R30</lei>
        <title>ELECTROVAYA INC</title>
        <cusip>28617B606</cusip>
        <identifiers>
          <isin value="CA28617B6061"/>
        </identifiers>
        <balance>55526.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>456423.72000000</valUSD>
        <pctVal>0.020094022419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CG ONCOLOGY INC</name>
        <lei>N/A</lei>
        <title>CG ONCOLOGY INC</title>
        <cusip>156944100</cusip>
        <identifiers>
          <isin value="US1569441009"/>
        </identifiers>
        <balance>147900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10529001.00000000</valUSD>
        <pctVal>0.463538534204</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>PACS GROUP INC</name>
        <lei>N/A</lei>
        <title>PACS GROUP INC</title>
        <cusip>69380Q107</cusip>
        <identifiers>
          <isin value="US69380Q1076"/>
        </identifiers>
        <balance>417333.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19201491.33000000</valUSD>
        <pctVal>0.845344315727</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>MBX BIOSCIENCES INC</name>
        <lei>N/A</lei>
        <title>MBX BIOSCIENCES INC</title>
        <cusip>55287L101</cusip>
        <identifiers>
          <isin value="US55287L1017"/>
        </identifiers>
        <balance>190200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12539886.00000000</valUSD>
        <pctVal>0.552067605989</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>PROFICIENT AUTO LOGISTICS INC</name>
        <lei>N/A</lei>
        <title>PROFICIENT AUTO LOGISTICS INC</title>
        <cusip>74317M104</cusip>
        <identifiers>
          <isin value="US74317M1045"/>
        </identifiers>
        <balance>102316.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>699841.44000000</valUSD>
        <pctVal>0.030810470553</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>ALUMIS INC</name>
        <lei>N/A</lei>
        <title>ALUMIS INC</title>
        <cusip>022307102</cusip>
        <identifiers>
          <isin value="US0223071020"/>
        </identifiers>
        <balance>217200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6135900.00000000</valUSD>
        <pctVal>0.270132569274</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>ZENAS BIOPHARMA INC</name>
        <lei>N/A</lei>
        <title>ZENAS BIOPHARMA INC</title>
        <cusip>98937L105</cusip>
        <identifiers>
          <isin value="US98937L1052"/>
        </identifiers>
        <balance>282285.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8875040.40000000</valUSD>
        <pctVal>0.390723034219</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>UPSTREAM BIO INC</name>
        <lei>N/A</lei>
        <title>UPSTREAM BIO INC</title>
        <cusip>91678A107</cusip>
        <identifiers>
          <isin value="US91678A1079"/>
        </identifiers>
        <balance>75300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>475143.00000000</valUSD>
        <pctVal>0.020918137414</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>PERIMETER SOLUTIONS INC</name>
        <lei>N/A</lei>
        <title>PERIMETER SOLUTIONS INC</title>
        <cusip>71385M107</cusip>
        <identifiers>
          <isin value="US71385M1071"/>
        </identifiers>
        <balance>410092.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12552916.12000000</valUSD>
        <pctVal>0.552641256112</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>ANTERIS TECHNOLOGIES GLOBAL CORP</name>
        <lei>N/A</lei>
        <title>ANTERIS TECHNOLOGIES GLOBAL CORP</title>
        <cusip>03675P102</cusip>
        <identifiers>
          <isin value="US03675P1021"/>
        </identifiers>
        <balance>209600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1643264.00000000</valUSD>
        <pctVal>0.072344582916</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>FLOWCO HOLDINGS INC</name>
        <lei>529900837MXVPIR9FZ68</lei>
        <title>FLOWCO HOLDINGS INC</title>
        <cusip>342909108</cusip>
        <identifiers>
          <isin value="US3429091081"/>
        </identifiers>
        <balance>612706.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12529837.70000000</valUSD>
        <pctVal>0.551625230282</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>CARDINAL INFRASTRUCTURE GROUP INC</name>
        <lei>N/A</lei>
        <title>CARDINAL INFRASTRUCTURE GROUP INC</title>
        <cusip>14154A102</cusip>
        <identifiers>
          <isin value="US14154A1025"/>
        </identifiers>
        <balance>186229.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11525712.81000000</valUSD>
        <pctVal>0.507418702078</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="9091641.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOBS DISCOUNT FURNITURE INC</name>
        <lei>N/A</lei>
        <title>BOBS DISCOUNT FURNITURE INC</title>
        <cusip>09681N106</cusip>
        <identifiers>
          <isin value="US09681N1063"/>
        </identifiers>
        <balance>379100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6319597.00000000</valUSD>
        <pctVal>0.278219816879</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1328599.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNCRETE INC</name>
        <lei>529900Y2KD6L4M48GS97</lei>
        <title>SUNCRETE INC - A</title>
        <cusip>86723E104</cusip>
        <identifiers>
          <isin value="US86723E1047"/>
        </identifiers>
        <balance>252100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4257969.00000000</valUSD>
        <pctVal>0.187456788060</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>BOOST RUN INC</name>
        <lei>N/A</lei>
        <title>BOOST RUN INC</title>
        <cusip>09940T100</cusip>
        <identifiers>
          <isin value="US09940T1007"/>
        </identifiers>
        <balance>293476.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5881259.04000000</valUSD>
        <pctVal>0.258922018781</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>MAREX GROUP LTD</name>
        <lei>254900V928MQRIAF8X79</lei>
        <title>MAREX GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5T40M1045"/>
        </identifiers>
        <balance>235240.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15271780.80000000</valUSD>
        <pctVal>0.672339083899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="As of March 2025, monthly returns presented in Item B.5.a. have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-08-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Stacie M. Smith</ncom:nameOfApplicant>
      <ncom:signature>Stacie M. Smith</ncom:signature>
      <ncom:signerName>Stacie M. Smith</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
