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      <invstOrSec>
        <name>AMERICOLD REALTY TRUST</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CENCORA INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AMERIPRISE FINL INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ARCELORMITTAL SA LUXEMBOURG</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ARROW ELECTRONICS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AVNET INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AXCELIS TECHNOLOGIES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BRP INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BAXTER INTERNATIONAL INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BOSTON SCIENTIFIC CORP</name>
        <lei>Y6ZDD9FP4P8JSSJMW954</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BRINKS CO</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BRINKS CO</title>
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        <fairValLevel>1</fairValLevel>
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        <name>CRH PLC</name>
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        <title>CRH PLC</title>
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        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>BRITISH AMERICAN TOBACCO PLC</name>
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        <title>BRITISH AMERICAN TOB PLC ADR</title>
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        <fairValLevel>1</fairValLevel>
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        <name>CAPITAL ONE FINANCIAL CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CARNIVAL CORP LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CENOVUS ENERGY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CENTERPOINT ENERGY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CHARLES RIVER LABORATORIES INTERNATIONAL INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CHENIERE ENERGY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CLEAN HARBORS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>COEUR MINING INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SIGNET JEWELERS LTD</name>
        <lei>549300N3XPGE91WV7M22</lei>
        <title>SIGNET JEWELERS LTD</title>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>COPART INC</name>
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        <title>COPART INC</title>
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        <fairValLevel>1</fairValLevel>
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        <name>CREDIT ACCEPTANCE CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CROCS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DARLING INGREDIENTS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DENTSPLY SIRONA INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KEURIG DR PEPPER INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>EAST WEST BANCORP INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>EPAM SYSTEMS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EQUINIX INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EVERSOURCE ENERGY</name>
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        <fairValLevel>1</fairValLevel>
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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>FIRST CITIZENS BANCSHARES INC/NC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FIRST SOLAR INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FISERV INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CORPAY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FLOWSERVE CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GENUINE PARTS 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>GILDAN ACTIVEWEAR INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GLOBAL PAYMENTS INC</name>
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        <title>GLOBAL PAYMENTS INC</title>
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        <fairValLevel>1</fairValLevel>
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        <name>GODADDY INC</name>
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        <title>GODADDY INC CL A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>GRAPHIC PACKAGING HOLDING CO</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GRIFFON CORP</name>
        <lei>5493000C2SGNC7ZN3242</lei>
        <title>GRIFFON CORP</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HNI CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HAEMONETICS CORP MASS</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HARTFORD INSURANCE GROUP INC/THE</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HERC HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HUMANA INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>IMPERIAL OIL LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IES HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>INTERFOR CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>IRON MOUNTAIN INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JAMES HARDIE INDUSTRIES PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>JONES LANG LASALLE INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>KBR INC</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>BATH and BODY WORKS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LPL FINANCIAL HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LANTHEUS HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LEGGETT and PLATT INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LITHIA MOTORS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LOUISIANA PACIFIC CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>M and T BANK CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MACERICH CO</name>
        <lei>529900PSWCB5KI0JYU46</lei>
        <title>MACERICH COMPANY</title>
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        <fairValLevel>1</fairValLevel>
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        <name>MARATHON PETROLEUM CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MATSON INC</name>
        <lei>549300OI5H3Y0I9I4I12</lei>
        <title>MATSON 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>MCGRATH RENTCORP</name>
        <lei>254900EUH6IPWFQ83445</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MILLERKNOLL INC</name>
        <lei>U98HXD3PNK7HYU2MU887</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MOLINA HEALTHCARE INC</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ICON PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MOSAIC CO</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MUELLER INDUSTRIES INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NRG ENERGY INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CNH INDUSTRIAL NV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ALLEGION PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NEXSTAR MEDIA GROUP INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ON SEMICONDUCTOR CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ONEMAIN HLDGS 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>PG and E CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PPL CORPORATION</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>PERFORMANCE FOOD GROUP CO</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AVIENT CORP</name>
        <lei>SM8L9RZYIB34LNTWO040</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>PUBLIC STORAGE</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PULTE GROUP INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>QORVO INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RPM INTERNATIONAL INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RAYMOND JAMES FINANCIAL INC.</name>
        <lei>RGUZHJ05YTITL6D76949</lei>
        <title>RAYMOND JAMES FINANCIAL INC.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>REGAL REXNORD CORP</name>
        <lei>QH78R09VCJGQKPBPYU33</lei>
        <title>REGAL REXNORD CORP</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>REINSURANCE GROUP OF AMERICA INC</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RELIANCE INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UPBOUND GROUP 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>
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        <fairValLevel>1</fairValLevel>
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        <name>SS and C TECHNOLOGIES HLDGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>SANMINA CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SCOTTS MIRACLE GRO CO (THE)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SEMPRA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SPROUTS FARMERS MARKET INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>STATE STREET CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>STEEL DYNAMICS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SUBSEA 7 SA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>SUN COMMUNITIES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>SOMNIGROUP INTERNATIONAL 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>TEXTRON 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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      <invstOrSec>
        <name>TRAVELERS COS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UGI CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UNITED AIRLINES HOLDINGS 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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        <fairValLevel>1</fairValLevel>
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        <name>WELLTOWER INC</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>WESTERN DIGITAL CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WEX 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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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>GARRETT MOTION INC</name>
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        <name>RESIDEO TECHNOLOGIES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PARSONS CORP</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CORTEVA INC</name>
        <lei>549300WZN9I2QKLS0O94</lei>
        <title>CORTEVA INC</title>
        <cusip>22052L104</cusip>
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          <isin value="US22052L1044"/>
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        <balance>245898.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BIONTECH SE</name>
        <lei>894500UZJ5LG1F8J1U58</lei>
        <title>BIONTECH SE ADR</title>
        <cusip>09075V102</cusip>
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          <isin value="US09075V1026"/>
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        <balance>55052.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4986610.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WEATHERFORD INTERNATIONAL PLC</name>
        <lei>529900LPBDSCQDJKHQ39</lei>
        <title>WEATHERFORD INTERNATIONAL PLC</title>
        <cusip>N/A</cusip>
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          <isin value="IE00BLNN3691"/>
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        <balance>121811.00000000</balance>
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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>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OTIS WORLDWIDE CORP</name>
        <lei>549300ZLBKR8VSU25153</lei>
        <title>OTIS WORLDWIDE CORP</title>
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          <isin value="US68902V1070"/>
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        <balance>119200.00000000</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>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACADEMY SPORTS and OUTDOORS INC</name>
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          <isin value="US00402L1070"/>
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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>SOTERA HEALTH CO</name>
        <lei>N/A</lei>
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          <isin value="US83601L1026"/>
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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>DRIVEN BRANDS HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>DRIVEN BRANDS HOLDINGS INC</title>
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          <isin value="US26210V1026"/>
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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>HAYWARD HOLDINGS INC</name>
        <lei>N/A</lei>
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          <isin value="US4212981009"/>
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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>FIRST ADVANTAGE CORP</name>
        <lei>549300RNJ0PXU8FP7D06</lei>
        <title>FIRST ADVANTAGE CORP</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CORE and MAIN INC</name>
        <lei>N/A</lei>
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          <isin value="US21874C1027"/>
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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>RYAN SPECIALTY HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>RYAN SPECIALTY HOLDINGS INC</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GXO LOGISTICS INC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>REMITLY GLOBAL INC</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GLOBALFOUNDRIES INC</name>
        <lei>549300BA76VK784VMX48</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>FIRSTCASH HOLDINGS INC</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>APOLLO GLOBAL MANAGEMENT, INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CONSTELLATION ENERGY CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WARNER BROS DISCOVERY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>COREBRIDGE FINANCIAL INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NOBLE CORP PLC</name>
        <lei>549300I3HBUNXO0OG954</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>U-HAUL HOLDING CO</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GE HEALTHCARE TECHNOLOGIES INC</name>
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        <title>GE HEALTHCARE TECHNOLOGIES INC</title>
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        <fairValLevel>1</fairValLevel>
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        <name>MASTERBRAND INC</name>
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        <title>MASTERBRAND INC</title>
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        <fairValLevel>1</fairValLevel>
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        <name>KENVUE INC</name>
        <lei>5493008HSF8L4M2LIJ82</lei>
        <title>KENVUE INC</title>
        <cusip>49177J102</cusip>
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          <isin value="US49177J1025"/>
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        <balance>1256600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24176984.00000000</valUSD>
        <pctVal>1.013148749033</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>BUNGE GLOBAL SA</name>
        <lei>254900IVXSV9K0B7PO26</lei>
        <title>BUNGE GLOBAL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1300646267"/>
        </identifiers>
        <balance>79212.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8414690.76000000</valUSD>
        <pctVal>0.352621874465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CENTURI HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>CENTURI HOLDINGS INC</title>
        <cusip>155923105</cusip>
        <identifiers>
          <isin value="US1559231055"/>
        </identifiers>
        <balance>190739.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5310173.76000000</valUSD>
        <pctVal>0.222525518571</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>1046230.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>48137042.30000000</valUSD>
        <pctVal>2.017207116836</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="1504527.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOLVENTUM CORP</name>
        <lei>254900I70403OSGY4M28</lei>
        <title>SOLVENTUM CORP</title>
        <cusip>83444M101</cusip>
        <identifiers>
          <isin value="US83444M1018"/>
        </identifiers>
        <balance>209456.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17895920.64000000</valUSD>
        <pctVal>0.749937610465</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>SMURFIT WESTROCK PLC</name>
        <lei>635400EGSEOPDW2EXS14</lei>
        <title>SMURFIT WESTROCK PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00028FXN24"/>
        </identifiers>
        <balance>349860.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16083064.20000000</valUSD>
        <pctVal>0.673968943970</pctVal>
        <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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRIMO BRANDS CORP</name>
        <lei>254900J0WS4AXV2LAX55</lei>
        <title>PRIMO BRANDS CORP A</title>
        <cusip>741623102</cusip>
        <identifiers>
          <isin value="US7416231022"/>
        </identifiers>
        <balance>569179.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12920363.30000000</valUSD>
        <pctVal>0.541434362303</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>QNITY ELECTRONICS INC</name>
        <lei>254900RSUG4J9TFFZX53</lei>
        <title>QNITY ELECTRONICS INC</title>
        <cusip>74743L100</cusip>
        <identifiers>
          <isin value="US74743L1008"/>
        </identifiers>
        <balance>48700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6388466.00000000</valUSD>
        <pctVal>0.267711900547</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>PINNACLE FINANCIAL PARTNERS INC</name>
        <lei>N/A</lei>
        <title>PINNACLE FINANCIAL PARTNERS INC</title>
        <cusip>72348N109</cusip>
        <identifiers>
          <isin value="US72348N1090"/>
        </identifiers>
        <balance>145500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15310965.00000000</valUSD>
        <pctVal>0.641613736281</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>VERSIGENT LTD</name>
        <lei>254900V7AVDC2J9DHM24</lei>
        <title>VERSIGENT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00BWK75100"/>
        </identifiers>
        <balance>205900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8513965.00000000</valUSD>
        <pctVal>0.356782011729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OCTAVE INTELLIGENCE PLC</name>
        <lei>254900BNJKBGSU9LON27</lei>
        <title>OCTAVE INTELLIGENCE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE0003YHD8K8"/>
        </identifiers>
        <balance>34400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>627456.00000000</valUSD>
        <pctVal>0.026293861197</pctVal>
        <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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIDERA FOOD PROCESSING INC</name>
        <lei>N/A</lei>
        <title>MIDERA FOOD PROCESSING INC</title>
        <cusip>59739R104</cusip>
        <identifiers>
          <isin value="US59739R1041"/>
        </identifiers>
        <balance>192000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9206400.00000000</valUSD>
        <pctVal>0.385798850803</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>CSQUARE INC</name>
        <lei>N/A</lei>
        <title>CSQUARE INC</title>
        <cusip>22946R101</cusip>
        <identifiers>
          <isin value="US22946R1014"/>
        </identifiers>
        <balance>345900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6904164.00000000</valUSD>
        <pctVal>0.289322486201</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>160600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10426152.00000000</valUSD>
        <pctVal>0.436913175606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GATES INDUSTRIAL CORP LTD</name>
        <lei>254900O70FFKZFX9JR40</lei>
        <title>GATES INDUSTRIAL CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG391041073"/>
        </identifiers>
        <balance>345007.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9653295.86000000</valUSD>
        <pctVal>0.404526247964</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>
</edgarSubmission>
