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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>ASCENT INDUSTRIES CO.</name>
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        <name>LINCOLN NATIONAL CORPORATION</name>
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        <name>AMC GLOBAL MEDIA INC.</name>
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        <name>TENNANT COMPANY</name>
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        <name>THE SIMPLY GOOD FOODS COMPANY</name>
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        <name>UNIFIRST CORPORATION</name>
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        <name>AMES NATIONAL CORPORATION</name>
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        <name>AerSale Corp</name>
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        <name>BASSETT FURNITURE INDUSTRIES, INCORPORATED</name>
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        <name>KEWAUNEE SCIENTIFIC CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>STRATUS PROPERTIES INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>INVESCO LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>OMNICELL, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>GENCOR INDUSTRIES, INC.</name>
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        <name>HAMILTON INSURANCE GROUP, LTD.</name>
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        <name>ARQ, INC.</name>
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        <name>Amdocs Limited</name>
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        <title>AMDOCS LTD</title>
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        <name>QUANEX BUILDING PRODUCTS CORPORATION</name>
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        <name>HANCOCK WHITNEY CORPORATION</name>
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        <name>HAMILTON BEACH BRANDS HOLDING COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>REGIONAL MANAGEMENT CORP.</name>
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        <title>REGIONAL MANAGEMENT CORP</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>LUXFER HOLDINGS PLC</name>
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        <name>PARAMOUNT SKYDANCE CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>UNIFI, INC.</name>
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        <name>INDEPENDENT BANK CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SHOE STATION GROUP, INC.</name>
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        <name>ZOOMINFO TECHNOLOGIES INC.</name>
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        <name>GATES INDUSTRIAL CORPORATION PLC</name>
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        <name>RADIANT LOGISTICS, INC.</name>
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        <name>MAGNOLIA OIL &amp; GAS CORPORATION</name>
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        <name>FIRSTSUN CAPITAL BANCORP</name>
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        <name>SoundThinking Inc</name>
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        <name>Liberty Global Ltd.</name>
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        <name>Xperi Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>ADAPTHEALTH CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CF BANKSHARES INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>TRIMBLE INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>INTERNATIONAL BANCSHARES CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>FOX FACTORY HOLDING CORP.</name>
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        <name>TRANSACT TECHNOLOGIES INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>PERMA-PIPE INTERNATIONAL HOLDINGS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SB FINANCIAL GROUP, INC.</name>
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        <name>Alpha and Omega Semiconductor Ltd</name>
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        <name>LIFE TIME GROUP HOLDINGS, INC.</name>
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        <name>ASHLAND INC.</name>
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        <name>First Community Bankshares, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>GENPACT LIMITED</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LIVANOVA PLC</name>
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        <name>ENVISTA HOLDINGS CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Essent Group Ltd.</name>
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        <name>NORDIC AMERICAN TANKERS LIMITED</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Proto Labs, 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>COHU, INC.</name>
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        <name>DHI GROUP, INC.</name>
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        <name>HOME BANCORP, INC.</name>
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        <name>SmartFinancial, Inc.</name>
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        <name>Pangaea Logistics Solutions Ltd</name>
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        <name>NETSCOUT SYSTEMS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TEJON RANCH CO.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>CHARLES RIVER LABORATORIES INTERNATIONAL, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>JACKSON FINANCIAL INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BLOOMIN' BRANDS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Costamare Bulkers Holdings Ltd</name>
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        <name>THE CAMPBELL'S COMPANY</name>
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        <name>HAVERTY FURNITURE COMPANIES, INC.</name>
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        <name>OHIO VALLEY BANC CORP.</name>
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        <name>COSTAMARE INC.</name>
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        <name>ASTRANA HEALTH, INC.</name>
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        <name>American Outdoor Brands Inc</name>
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        <name>TEEKAY CORPORATION LTD.</name>
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        <name>INNOSPEC INC.</name>
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        <name>FUNKO, INC.</name>
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        <name>HURCO COMPANIES, INC.</name>
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        <name>S &amp; T BANCORP, INC.</name>
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        <name>Burke &amp; Herbert Financial Services Corp.</name>
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        <name>Cytek Biosciences Inc</name>
        <lei>549300K2J28BOC6FBO89</lei>
        <title>CYTEK BIOSCIENCES INC</title>
        <cusip>23285D109</cusip>
        <identifiers>
          <isin value="US23285D1090"/>
          <other otherDesc="Internal" value="23285D109"/>
        </identifiers>
        <balance>18244.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>76989.68000000</valUSD>
        <pctVal>0.000937680682</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>NBT BANCORP INC.</name>
        <lei>N/A</lei>
        <title>NBT BANCORP INC</title>
        <cusip>628778102</cusip>
        <identifiers>
          <isin value="US6287781024"/>
          <other otherDesc="Internal" value="628778102"/>
        </identifiers>
        <balance>120794.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6359804.10000000</valUSD>
        <pctVal>0.077457984590</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>WESTERN ALLIANCE BANCORPORATION</name>
        <lei>5493003VJXZ5JXT9S762</lei>
        <title>WESTERN ALLIANCE BANCORP</title>
        <cusip>957638109</cusip>
        <identifiers>
          <isin value="US9576381092"/>
          <other otherDesc="Internal" value="957638109"/>
        </identifiers>
        <balance>356932.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>28729456.68000000</valUSD>
        <pctVal>0.349904773452</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>Carter Bankshares, Inc.</name>
        <lei>N/A</lei>
        <title>CARTER BANKSHARES INC</title>
        <cusip>146103106</cusip>
        <identifiers>
          <isin value="US1461031064"/>
          <other otherDesc="Internal" value="146103106"/>
        </identifiers>
        <balance>103929.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3593864.82000000</valUSD>
        <pctVal>0.043770770525</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>CALIFORNIA RESOURCES CORPORATION</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>CALIFORNIA RESOURCES CORP</title>
        <cusip>13057Q305</cusip>
        <identifiers>
          <isin value="US13057Q3056"/>
          <other otherDesc="Internal" value="13057Q305"/>
        </identifiers>
        <balance>360728.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18981507.36000000</valUSD>
        <pctVal>0.231181539789</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>EPSILON ENERGY LTD.</name>
        <lei>N/A</lei>
        <title>EPSILON ENERGY LTD</title>
        <cusip>294375209</cusip>
        <identifiers>
          <isin value="CA2943752097"/>
          <other otherDesc="Internal" value="294375209"/>
        </identifiers>
        <balance>50323.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>281808.80000000</valUSD>
        <pctVal>0.003432234915</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>BUMBLE INC.</name>
        <lei>N/A</lei>
        <title>BUMBLE INC</title>
        <cusip>12047B105</cusip>
        <identifiers>
          <isin value="US12047B1052"/>
          <other otherDesc="Internal" value="12047B105"/>
        </identifiers>
        <balance>511086.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1456595.10000000</valUSD>
        <pctVal>0.017740313858</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>MALIBU BOATS, INC.</name>
        <lei>N/A</lei>
        <title>MALIBU BOATS INC</title>
        <cusip>56117J100</cusip>
        <identifiers>
          <isin value="US56117J1007"/>
          <other otherDesc="Internal" value="56117J100"/>
        </identifiers>
        <balance>113341.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3124811.37000000</valUSD>
        <pctVal>0.038058026181</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>AVIAT NETWORKS, INC.</name>
        <lei>549300Z3X8Z4MK52CI65</lei>
        <title>AVIAT NETWORKS INC</title>
        <cusip>05366Y201</cusip>
        <identifiers>
          <isin value="US05366Y2019"/>
          <other otherDesc="Internal" value="05366Y201"/>
        </identifiers>
        <balance>74441.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1524551.68000000</valUSD>
        <pctVal>0.018567977673</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>HOVNANIAN ENTERPRISES, INC.</name>
        <lei>549300805N4EF0ROBT53</lei>
        <title>HOVNANIAN ENTERPRISES INC</title>
        <cusip>442487401</cusip>
        <identifiers>
          <isin value="US4424874018"/>
          <other otherDesc="Internal" value="442487401"/>
        </identifiers>
        <balance>5352.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>663112.80000000</valUSD>
        <pctVal>0.008076252072</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>UNITED COMMUNITY BANKS, INC.</name>
        <lei>549300GVW0FV66X3U703</lei>
        <title>UNITED COMMUNITY BANKS INC GA</title>
        <cusip>90984P303</cusip>
        <identifiers>
          <isin value="US90984P3038"/>
          <other otherDesc="Internal" value="90984P303"/>
        </identifiers>
        <balance>635545.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22523714.80000000</valUSD>
        <pctVal>0.274323159403</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>WILLAMETTE VALLEY VINEYARDS, INC.</name>
        <lei>549300EVPVY057V3C517</lei>
        <title>WILLAMETTE VALLEY VINEYARDS INC</title>
        <cusip>969136100</cusip>
        <identifiers>
          <isin value="US9691361003"/>
          <other otherDesc="Internal" value="969136100"/>
        </identifiers>
        <balance>1849.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4696.46000000</valUSD>
        <pctVal>0.000057199611</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>MATTHEWS INTERNATIONAL CORPORATION</name>
        <lei>549300ZVC5O0ATML6U61</lei>
        <title>MATTHEWS INTERNATIONAL CORP</title>
        <cusip>577128101</cusip>
        <identifiers>
          <isin value="US5771281012"/>
          <other otherDesc="Internal" value="577128101"/>
        </identifiers>
        <balance>176148.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4888107.00000000</valUSD>
        <pctVal>0.059533738890</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="3401900.25000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLD.COM, INC.</name>
        <lei>XP6XYFDZQGKLUMOFGT37</lei>
        <title>GOLD COM INC</title>
        <cusip>00181T107</cusip>
        <identifiers>
          <isin value="US00181T1079"/>
          <other otherDesc="Internal" value="00181T107"/>
        </identifiers>
        <balance>70863.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2930893.68000000</valUSD>
        <pctVal>0.035696243772</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>Broadwind Inc</name>
        <lei>529900ATI5MMWNW41F84</lei>
        <title>BROADWIND INC</title>
        <cusip>11161T207</cusip>
        <identifiers>
          <isin value="US11161T2078"/>
          <other otherDesc="Internal" value="11161T207"/>
        </identifiers>
        <balance>31165.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>124660.00000000</valUSD>
        <pctVal>0.001518271979</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>J.JILL, INC.</name>
        <lei>529900I19PJIF8MIDL12</lei>
        <title>J JILL INC</title>
        <cusip>46620W201</cusip>
        <identifiers>
          <isin value="US46620W2017"/>
          <other otherDesc="Internal" value="46620W201"/>
        </identifiers>
        <balance>6590.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>120069.80000000</valUSD>
        <pctVal>0.001462366540</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="116460.96000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUILDERS FIRSTSOURCE, INC.</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>BUILDERS FIRSTSOURCE INC</title>
        <cusip>12008R107</cusip>
        <identifiers>
          <isin value="US12008R1077"/>
          <other otherDesc="Internal" value="12008R107"/>
        </identifiers>
        <balance>143591.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9540186.04000000</valUSD>
        <pctVal>0.116192821611</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="429395.05000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TELADOC HEALTH, INC.</name>
        <lei>549300I2PVFBC9MFAC61</lei>
        <title>TELADOC HEALTH INC</title>
        <cusip>87918A105</cusip>
        <identifiers>
          <isin value="US87918A1051"/>
          <other otherDesc="Internal" value="87918A105"/>
        </identifiers>
        <balance>1038485.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6968234.35000000</valUSD>
        <pctVal>0.084868241288</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="1385379.52000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRIPADVISOR, INC.</name>
        <lei>N/A</lei>
        <title>TRIPADVISOR INC</title>
        <cusip>896945201</cusip>
        <identifiers>
          <isin value="US8969452015"/>
          <other otherDesc="Internal" value="896945201"/>
        </identifiers>
        <balance>612308.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8673342.82000000</valUSD>
        <pctVal>0.105635274913</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="8687770.74000000"/>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly total returns reported under item B.5.a do not include any sales or redemption charges, as applicable." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-08-31</ncom:dateSigned>
      <ncom:nameOfApplicant>Dimensional ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Randy Olson</ncom:signature>
      <ncom:signerName>Randy Olson</ncom:signerName>
      <ncom:title>Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
