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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>1</fairValLevel>
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        <name>BLUELINX HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RIDGEPOST CAPITAL INC</name>
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        <fairValLevel>1</fairValLevel>
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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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      <invstOrSec>
        <name>FIXED INCOME CLEARING CORPORATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DAIWA CAPITAL MARKETS AMERICA INC.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NMI HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UFP INDUSTRIES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AXIS CAPITAL HOLDINGS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>SPIRE INC (US)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LGI HOMES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TELEFLEX INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MURPHY USA INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HAEMONETICS CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>ARMSTRONG WORLD INDUSTRIES INC</name>
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        <title>ARMSTRONG WORLD INDUSTRIES INC COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>VERRA MOBILITY CORP</name>
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        <title>VERRA MOBILITY CORP CL A COM STK</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ACI WORLDWIDE INC</name>
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        <title>ACI WORLDWIDE INC COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>INDEPENDENCE REALTY TRUST INC</name>
        <lei>549300Z3L8NU44NQEB29</lei>
        <title>INDEPENDENCE REALTY TRUST INC COM</title>
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          <ticker value="IRT"/>
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        <fairValLevel>1</fairValLevel>
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        <name>EPLUS INC</name>
        <lei>529900FFY8AAFJ21NE91</lei>
        <title>EPLUS INC COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>MAXIMUS INC</name>
        <lei>549300DQCDS8HJ7QF202</lei>
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          <isin value="US5779331041"/>
          <ticker value="MMS"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MDU RESOURCES GROUP INC</name>
        <lei>549300MA0UV6AI6SNV27</lei>
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          <isin value="US5526901096"/>
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        <balance>760876.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CAL-MAINE FOODS INC</name>
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          <isin value="US1280302027"/>
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        <balance>275505.00000000</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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        <name>BOSTON BEER COMPANY INC (THE)</name>
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          <ticker value="SAM"/>
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        <balance>47666.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8732411.20000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HUB GROUP INC</name>
        <lei>N/A</lei>
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          <isin value="US4433201062"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WEX INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MCGRATH RENTCORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ASSURED GUARANTY LTD</name>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>TRINITY INDUSTRIES INC</name>
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          <isin value="US8965221091"/>
          <ticker value="TRN"/>
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        <fairValLevel>1</fairValLevel>
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        <name>PROGYNY INC</name>
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          <isin value="US74340E1038"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JANUS INTERNATIONAL GROUP INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WARRIOR MET COAL INC</name>
        <lei>549300152B1S9YKBYV79</lei>
        <title>WARRIOR MET COAL INC COM</title>
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          <ticker value="HCC"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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        <name>TENNANT COMPANY</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CORECIVIC INC</name>
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          <ticker value="CXW"/>
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        <fairValLevel>1</fairValLevel>
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        <name>GXO LOGISTICS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>INGLES MARKETS INC</name>
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          <ticker value="IMKTA"/>
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        <fairValLevel>1</fairValLevel>
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        <name>JEFFERIES LLC</name>
        <lei>58PU97L1C0WSRCWADL48</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>GENWORTH FINANCIAL INC</name>
        <lei>549300EMCG286BDNKJ33</lei>
        <title>GENWORTH FINANCIAL INC COM SHS</title>
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        <fairValLevel>1</fairValLevel>
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        <name>CITADEL SECURITIES LLC</name>
        <lei>12UUJYTN7D3SW8KCSG25</lei>
        <title>CITADEL SECURITIES LLC</title>
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        <fairValLevel>2</fairValLevel>
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        <name>DELEK US HOLDINGS INC</name>
        <lei>5493003O53JMENV1N385</lei>
        <title>DELEK US HOLDINGS INC COM</title>
        <cusip>24665A103</cusip>
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          <isin value="US24665A1034"/>
          <ticker value="DK"/>
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        <curCd>USD</curCd>
        <valUSD>15693987.32000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>VAIL RESORTS INC</name>
        <lei>529900PSZHRNU9HKH870</lei>
        <title>VAIL RESORTS INC COM</title>
        <cusip>91879Q109</cusip>
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          <isin value="US91879Q1094"/>
          <ticker value="MTN"/>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DNOW INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WHITE MOUNTAINS INSURANCE GROUP LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>WILLSCOT HOLDINGS CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>INGRAM MICRO HOLDING CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>DOLE PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>TRIPADVISOR INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CHEMED 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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    <signature>
      <ncom:dateSigned>2026-09-24</ncom:dateSigned>
      <ncom:nameOfApplicant>AMG Funds IV</ncom:nameOfApplicant>
      <ncom:signature>Thomas Disbrow</ncom:signature>
      <ncom:signerName>Thomas Disbrow</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
