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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INNOVEX INTERNATIONAL INC</name>
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          <isin value="US4576511079"/>
          <ticker value="INVX"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ONTO INNOVATION INC</name>
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          <isin value="US6833441057"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PERELLA WEINBERG PARTNERS</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RYERSON HOLDING CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MINERALYS THERAPEUTICS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LIBERTY ENERGY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NMI HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SCORPIO TANKERS INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>SUNCRETE INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HERC HOLDINGS INC</name>
        <lei>549300TP80QLITMSBP82</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>PENN ENTERTAINMENT INC</name>
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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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        <fairValLevel>1</fairValLevel>
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        <name>UMB FINANCIAL CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JACKSON FINANCIAL INC</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>SEADRILL LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>MERITAGE HOMES CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HENRY SCHEIN INC</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>CABOT CORP</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLOWCO HOLDINGS INC</name>
        <lei>529900837MXVPIR9FZ68</lei>
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        <cusip>342909108</cusip>
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          <isin value="US3429091081"/>
          <ticker value="FLOC"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SPYRE THERAPEUTICS INC</name>
        <lei>52990017AIJPRH3HQH40</lei>
        <title>SPYRE THERAPEUTICS INC COM NEW</title>
        <cusip>00773J202</cusip>
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          <isin value="US00773J2024"/>
          <ticker value="SYRE"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IMMUNOVANT INC</name>
        <lei>N/A</lei>
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        <cusip>45258J102</cusip>
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          <isin value="US45258J1025"/>
          <ticker value="IMVT"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KYMERA THERAPEUTICS INC</name>
        <lei>N/A</lei>
        <title>KYMERA THERAPEUTICS INC COM</title>
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          <isin value="US5015751044"/>
          <ticker value="KYMR"/>
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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>NCINO INC</name>
        <lei>549300WVRR2WR3L6MZ46</lei>
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        <cusip>63947X101</cusip>
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          <isin value="US63947X1019"/>
          <ticker value="NCNO"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PROTO LABS INC</name>
        <lei>529900QHG5MGWT2WQQ09</lei>
        <title>PROTO LABS INC COM</title>
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          <isin value="US7437131094"/>
          <ticker value="PRLB"/>
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        <balance>52267.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIRSTSUN CAPITAL BANCORP</name>
        <lei>N/A</lei>
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          <isin value="US33767U1079"/>
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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>SELECT WATER SOLUTIONS INC</name>
        <lei>54930094OK8LA3QDW486</lei>
        <title>SELECT WATER SOLUTIONS INC CL A COM</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALLAWAY GOLF COMPANY</name>
        <lei>5493005UB0KFRKBPCU72</lei>
        <title>CALLAWAY GOLF COMPANY COM</title>
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          <isin value="US1311931042"/>
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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>BLACK HILLS CORP</name>
        <lei>3MGELCRSTNSAMJ962671</lei>
        <title>BLACK HILLS CORP COM</title>
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          <isin value="US0921131092"/>
          <ticker value="BKH"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>CHORD ENERGY CORP</name>
        <lei>529900FA4V2YNIKZ0M71</lei>
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          <ticker value="CHRD"/>
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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>VERSIGENT PLC</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JANUS LIVING INC</name>
        <lei>2549003JCIOFKGHO7313</lei>
        <title>JANUS LIVING INC CL A-1</title>
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        <fairValLevel>1</fairValLevel>
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        <name>GOLDMAN SACHS TRUST</name>
        <lei>S2FHCT8U6D2VORP0J605</lei>
        <title>GOLDMAN SACHS TRUST CENT GOVT FD SHS</title>
        <cusip>38151N502</cusip>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
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        <fairValLevel>1</fairValLevel>
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        <name>APTARGROUP INC</name>
        <lei>VNPEQDQFAA7IY1T2PX43</lei>
        <title>APTARGROUP INC COM</title>
        <cusip>038336103</cusip>
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          <ticker value="ATR"/>
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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>IPG PHOTONICS CORP</name>
        <lei>5493002KZ51CADQ94G15</lei>
        <title>IPG PHOTONICS CORP COM</title>
        <cusip>44980X109</cusip>
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          <ticker value="IPGP"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>M/I HOMES INC</name>
        <lei>5299005M71FH9CCSFB69</lei>
        <title>M/I HOMES INC COM</title>
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          <ticker value="MHO"/>
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        <fairValLevel>1</fairValLevel>
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        <name>SPECTRUM BRANDS HOLDINGS INC</name>
        <lei>549300JM0MJETDD30O20</lei>
        <title>SPECTRUM BRANDS HOLDINGS INC COM</title>
        <cusip>84790A105</cusip>
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          <ticker value="SPB"/>
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        <fairValLevel>1</fairValLevel>
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        <name>INVENTRUST PROPERTIES CORP</name>
        <lei>5493006BQYSOBYVUFA03</lei>
        <title>INVENTRUST PROPERTIES CORP COM NEW</title>
        <cusip>46124J201</cusip>
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          <isin value="US46124J2015"/>
          <ticker value="IVT"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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        <name>ROGERS CORP</name>
        <lei>PW0CN80KNFR7RUOOKJ84</lei>
        <title>ROGERS CORP COM</title>
        <cusip>775133101</cusip>
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          <ticker value="ROG"/>
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        <curCd>USD</curCd>
        <valUSD>4354265.32000000</valUSD>
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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>HAMILTON INSURANCE GROUP LTD</name>
        <lei>549300W92BN1FIEXG871</lei>
        <title>HAMILTON INSURANCE GROUP LTD CL B</title>
        <cusip>000000000</cusip>
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          <isin value="BMG427061046"/>
          <ticker value="HG"/>
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        <balance>237726.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>SKYWEST INC</name>
        <lei>529900UYS2KGS6Z42P09</lei>
        <title>SKYWEST INC COM</title>
        <cusip>830879102</cusip>
        <identifiers>
          <isin value="US8308791024"/>
          <ticker value="SKYW"/>
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        <balance>64589.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6113994.74000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>WYNDHAM HOTELS &amp; RESORTS INC</name>
        <lei>549300FE3MQ4RVXXC673</lei>
        <title>WYNDHAM HOTELS &amp; RESORTS INC COM</title>
        <cusip>98311A105</cusip>
        <identifiers>
          <isin value="US98311A1051"/>
          <ticker value="WH"/>
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        <balance>45363.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3341438.58000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KODIAK GAS SERVICES INC</name>
        <lei>N/A</lei>
        <title>KODIAK GAS SERVICES INC COM</title>
        <cusip>50012A108</cusip>
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          <isin value="US50012A1088"/>
          <ticker value="KGS"/>
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        <balance>56783.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3337136.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</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>
      <invstOrSec>
        <name>MANHATTAN ASSOCIATES INC</name>
        <lei>529900Q1GJP7KD52SW51</lei>
        <title>MANHATTAN ASSOCIATES INC COM</title>
        <cusip>562750109</cusip>
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          <isin value="US5627501092"/>
          <ticker value="MANH"/>
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        <balance>17763.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3964523.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIVANOVA PLC</name>
        <lei>2138001K2FX6SHK2B339</lei>
        <title>LIVANOVA PLC SHS</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BYMT0J19"/>
          <ticker value="LIVN"/>
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        <balance>64033.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5110473.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HELIOS TECHNOLOGIES INC</name>
        <lei>5493000BCJSMIDRNTI78</lei>
        <title>HELIOS TECHNOLOGIES INC COM</title>
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          <isin value="US42328H1095"/>
          <ticker value="HLIO"/>
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        <balance>67422.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACADIA HEALTHCARE COMPANY INC</name>
        <lei>5493005CW985Y9D0NC11</lei>
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          <isin value="US00404A1097"/>
          <ticker value="ACHC"/>
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        <balance>223323.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ATMUS FILTRATION TECHNOLOGIES INC</name>
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        <cusip>04956D107</cusip>
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          <isin value="US04956D1072"/>
          <ticker value="ATMU"/>
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        <balance>66846.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CYTOKINETICS INC</name>
        <lei>549300BE5DY1HW7IHA64</lei>
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          <isin value="US23282W6057"/>
          <ticker value="CYTK"/>
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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>ELEMENT SOLUTIONS INC</name>
        <lei>549300FLGN6P5CU20J91</lei>
        <title>ELEMENT SOLUTIONS INC COM</title>
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          <isin value="US28618M1062"/>
          <ticker value="ESI"/>
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        <balance>112028.00000000</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>NEWMARKET CORP</name>
        <lei>54930082CG88ERDREQ47</lei>
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          <isin value="US6515871076"/>
          <ticker value="NEU"/>
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        <balance>7214.00000000</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>COLUMBIA FINANCIAL INC</name>
        <lei>254900B9UDXFOJAZKN61</lei>
        <title>COLUMBIA FINANCIAL INC COM SHS</title>
        <cusip>197914104</cusip>
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          <isin value="US1979141041"/>
          <ticker value="CLBK"/>
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        <balance>398312.00000000</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>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STANDEX INTERNATIONAL CORP</name>
        <lei>RCX52GR0JW2LRRMH9Z54</lei>
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        <cusip>854231107</cusip>
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          <isin value="US8542311076"/>
          <ticker value="SXI"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SEACOAST BANKING CORP OF FLORIDA</name>
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        <cusip>811707801</cusip>
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          <isin value="US8117078019"/>
          <ticker value="SBCF"/>
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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>PENNYMAC FINANCIAL SERVICES INC</name>
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        <cusip>70932M107</cusip>
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          <ticker value="PFSI"/>
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        <balance>86894.00000000</balance>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TIDEWATER INC</name>
        <lei>2549000JA5GRUPLMUH98</lei>
        <title>TIDEWATER INC COM</title>
        <cusip>88642R109</cusip>
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          <isin value="US88642R1095"/>
          <ticker value="TDW"/>
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        <balance>29874.00000000</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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      <invstOrSec>
        <name>KONTOOR BRANDS INC</name>
        <lei>549300M0CPXV65RFF271</lei>
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        <cusip>50050N103</cusip>
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          <ticker value="KTB"/>
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        <balance>54871.00000000</balance>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RENASANT CORP</name>
        <lei>549300OVE6OZHW2UUH81</lei>
        <title>RENASANT CORP COM</title>
        <cusip>75970E107</cusip>
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          <isin value="US75970E1073"/>
          <ticker value="RNST"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ECOVYST INC</name>
        <lei>N/A</lei>
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        <cusip>27923Q109</cusip>
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          <isin value="US27923Q1094"/>
          <ticker value="ECVT"/>
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        <fairValLevel>1</fairValLevel>
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        <name>HCI GROUP INC</name>
        <lei>549300CZF7EZJH0MPH74</lei>
        <title>HCI GROUP INC COM</title>
        <cusip>40416E103</cusip>
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          <isin value="US40416E1038"/>
          <ticker value="HCI"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COMMERCIAL METALS COMPANY</name>
        <lei>549300OQS2LO07ZJ7N73</lei>
        <title>COMMERCIAL METALS COMPANY COM</title>
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          <ticker value="CMC"/>
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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>BANC OF CALIFORNIA INC</name>
        <lei>549300ZKWUJDP6LJ1X87</lei>
        <title>BANC OF CALIFORNIA INC COM</title>
        <cusip>05990K106</cusip>
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          <ticker value="BANC"/>
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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>BRINKER INTERNATIONAL INC</name>
        <lei>52990067JY6PBGJNTG76</lei>
        <title>BRINKER INTERNATIONAL INC COM</title>
        <cusip>109641100</cusip>
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          <isin value="US1096411004"/>
          <ticker value="EAT"/>
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        <balance>22678.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CCC INTELLIGENT SOLUTIONS HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>CCC INTELLIGENT SOLUTIONS HOLDINGS INC COM</title>
        <cusip>12510Q100</cusip>
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          <isin value="US12510Q1004"/>
          <ticker value="CCC"/>
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        <balance>231544.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NICOLET BANKSHARES INC</name>
        <lei>N/A</lei>
        <title>NICOLET BANKSHARES INC COM</title>
        <cusip>65406E102</cusip>
        <identifiers>
          <isin value="US65406E1029"/>
          <ticker value="NIC"/>
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        <balance>84742.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLACIER BANCORP INC</name>
        <lei>549300SMJAUKZB5D7V74</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DHT HOLDINGS INC</name>
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          <isin value="MHY2065G1219"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MERIT MEDICAL SYSTEMS INC</name>
        <lei>549300OYTY138SP2CE83</lei>
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          <isin value="US5898891040"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ORIGIN BANCORP INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LA-Z-BOY INC</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LINCOLN INTERNATIONAL INC</name>
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          <isin value="US5337141015"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GENTHERM INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BROOKDALE SENIOR LIVING INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INSIGHT ENTERPRISES INC</name>
        <lei>529900S8991TYW6YP792</lei>
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          <isin value="US45765U1034"/>
          <ticker value="NSIT"/>
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        <fairValLevel>1</fairValLevel>
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        <name>VALLEY NATIONAL BANCORP</name>
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          <isin value="US9197941076"/>
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        <fairValLevel>1</fairValLevel>
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        <name>SPIRE INC (US)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SMARTSTOP SELF STORAGE REIT INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FORMFACTOR INC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>RYMAN HOSPITALITY PROPERTIES INC</name>
        <lei>529900GCCWW9SRMPJR11</lei>
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          <ticker value="RHP"/>
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        <fairValLevel>1</fairValLevel>
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        <name>TELEFLEX INC</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>DEL MONTE CORP</name>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>VARONIS SYSTEMS INC</name>
        <lei>549300SHIVNRRH7STS26</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>HAYWARD HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>HAYWARD HOLDINGS INC COM</title>
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          <ticker value="HAYW"/>
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        <fairValLevel>1</fairValLevel>
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        <name>OLD SECOND BANCORP INC</name>
        <lei>549300XVJC1MPUT81C04</lei>
        <title>OLD SECOND BANCORP INC COM</title>
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          <ticker value="OSBC"/>
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        <fairValLevel>1</fairValLevel>
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        <name>MIRION TECHNOLOGIES INC</name>
        <lei>549300BNTOWVWFNVTJ65</lei>
        <title>MIRION TECHNOLOGIES INC COM CL A</title>
        <cusip>60471A101</cusip>
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          <ticker value="MIR"/>
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        <fairValLevel>1</fairValLevel>
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        <name>INGEVITY CORP</name>
        <lei>5493009UTFC4B5IMGF87</lei>
        <title>INGEVITY CORP COM</title>
        <cusip>45688C107</cusip>
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          <ticker value="NGVT"/>
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        <fairValLevel>1</fairValLevel>
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        <name>GRIFFON CORP</name>
        <lei>5493000C2SGNC7ZN3242</lei>
        <title>GRIFFON CORP COM</title>
        <cusip>398433102</cusip>
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          <ticker value="GFF"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>PEDIATRIX MEDICAL GROUP INC</name>
        <lei>N/A</lei>
        <title>PEDIATRIX MEDICAL GROUP INC COM</title>
        <cusip>58502B106</cusip>
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          <ticker value="MD"/>
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        <balance>118711.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SENTINELONE INC</name>
        <lei>984500DCD44DBF954221</lei>
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          <isin value="US81730H1095"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IDACORP INC</name>
        <lei>N134NUJDWN8UEFA8B673</lei>
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          <isin value="US4511071064"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AMENTUM HOLDINGS INC</name>
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          <isin value="US0239391016"/>
          <ticker value="AMTM"/>
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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>
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          <isin value="US5526901096"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WORTHINGTON STEEL INC</name>
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          <isin value="US9821041012"/>
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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>ADVANCE AUTO PARTS INC</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
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          <isin value="US00751Y1064"/>
          <ticker value="AAP"/>
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        <balance>59393.00000000</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>ONE GAS INC</name>
        <lei>549300HXDWI0LATTX840</lei>
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          <isin value="US68235P1084"/>
          <ticker value="OGS"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AVIENT CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MERCURY SYSTEMS INC</name>
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          <isin value="US5893781089"/>
          <ticker value="MRCY"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DUCOMMUN INC</name>
        <lei>549300Z71HMWF90S2214</lei>
        <title>DUCOMMUN INC COM</title>
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          <isin value="US2641471097"/>
          <ticker value="DCO"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>COPT DEFENSE PROPERTIES</name>
        <lei>YY1J47X6LF9TYY8JY420</lei>
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          <ticker value="CDP"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MISSION PRODUCE INC</name>
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          <isin value="US60510V1089"/>
          <ticker value="AVO"/>
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        <fairValLevel>1</fairValLevel>
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        <name>CALIFORNIA RESOURCES CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>POLARIS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TEREX CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GOLDMAN SACHS FINANCIAL SQUARE FUNDS PRIME OBLIGATIONS FUND</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FORTUNE BRANDS INNOVATIONS INC</name>
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        <title>FORTUNE BRANDS INNOVATIONS INC COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>SKYWARD SPECIALTY INSURANCE GROUP INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EXZEO GROUP INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BRIGHTVIEW HOLDINGS INC</name>
        <lei>549300F8QN8YHVI7L866</lei>
        <title>BRIGHTVIEW HOLDINGS INC COM</title>
        <cusip>10948C107</cusip>
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          <ticker value="BV"/>
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        <fairValLevel>1</fairValLevel>
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        <name>KARDIGAN INC</name>
        <lei>N/A</lei>
        <title>KARDIGAN INC COM</title>
        <cusip>485925101</cusip>
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          <ticker value="KARD"/>
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        <fairValLevel>1</fairValLevel>
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        <name>LIFE TIME GROUP HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>LIFE TIME GROUP HOLDINGS INC COMMON STOCK</title>
        <cusip>53190C102</cusip>
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          <ticker value="LTH"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>PHINIA INC</name>
        <lei>254900HG6MORZE1FFM18</lei>
        <title>PHINIA INC COMMON STOCK</title>
        <cusip>71880K101</cusip>
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          <ticker value="PHIN"/>
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        <balance>111438.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7626816.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</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>
      <invstOrSec>
        <name>TERRENO REALTY CORP</name>
        <lei>N/A</lei>
        <title>TERRENO REALTY CORP COM</title>
        <cusip>88146M101</cusip>
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          <isin value="US88146M1018"/>
          <ticker value="TRNO"/>
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        <balance>167387.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11082693.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FORESTAR GROUP INC</name>
        <lei>549300BC2UB0GHV60V70</lei>
        <title>FORESTAR GROUP INC COM</title>
        <cusip>346232101</cusip>
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          <isin value="US3462321015"/>
          <ticker value="FOR"/>
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        <balance>188602.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5331778.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA BANKING SYSTEM INC</name>
        <lei>254900CTRJTQZ3BJ2V17</lei>
        <title>COLUMBIA BANKING SYSTEM INC COM</title>
        <cusip>197236102</cusip>
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          <isin value="US1972361026"/>
          <ticker value="COLB"/>
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        <balance>380679.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11283325.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ENOVIS CORP</name>
        <lei>635400OP2DYYYMOIYL17</lei>
        <title>ENOVIS CORP COM</title>
        <cusip>194014502</cusip>
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          <isin value="US1940145022"/>
          <ticker value="ENOV"/>
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        <balance>73235.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1800848.65000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WILLSCOT HOLDINGS CORP</name>
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          <isin value="US9713781048"/>
          <ticker value="WSC"/>
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        <balance>218546.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4523902.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>XENON PHARMACEUTICALS INC</name>
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          <isin value="CA98420N1050"/>
          <ticker value="XENE"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BEL FUSE INC</name>
        <lei>2549009L4XYDBRRY6X39</lei>
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          <isin value="US0773473006"/>
          <ticker value="BELFB"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRUKER CORP</name>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OCEANEERING INTERNATIONAL INC</name>
        <lei>549300L6PH74701W0R30</lei>
        <title>OCEANEERING INTERNATIONAL INC COM</title>
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          <isin value="US6752321025"/>
          <ticker value="OII"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GATES INDUSTRIAL CORPORATION LTD</name>
        <lei>549300S6K4FWUSB9KM27</lei>
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        <cusip>000000000</cusip>
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          <isin value="BMG391041073"/>
          <ticker value="GTES"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>LADDER CAPITAL CORP</name>
        <lei>549300Q6LLV2QCV67C06</lei>
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        <curCd>USD</curCd>
        <valUSD>4705675.80000000</valUSD>
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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>ALLEGRO MICROSYSTEMS INC</name>
        <lei>N/A</lei>
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        <cusip>01749D105</cusip>
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          <ticker value="ALGM"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CG ONCOLOGY INC</name>
        <lei>N/A</lei>
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          <ticker value="CGON"/>
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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>EDGEWELL PERSONAL CARE COMPANY</name>
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        <title>EDGEWELL PERSONAL CARE COMPANY COM</title>
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          <ticker value="EPC"/>
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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>ARCBEST CORP</name>
        <lei>5493006S3KBNE8ZS3J23</lei>
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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>GROUP 1 AUTOMOTIVE INC</name>
        <lei>549300US8QAZJLWYAF63</lei>
        <title>GROUP 1 AUTOMOTIVE INC COM</title>
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          <isin value="US3989051095"/>
          <ticker value="GPI"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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        <name>SUPERNUS PHARMACEUTICALS INC</name>
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        <title>SUPERNUS PHARMACEUTICALS INC COM</title>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ATLANTIC UNION BANKSHARES CORP</name>
        <lei>N/A</lei>
        <title>ATLANTIC UNION BANKSHARES CORP COM</title>
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          <ticker value="AUB"/>
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        <fairValLevel>1</fairValLevel>
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        <name>LITTELFUSE INC</name>
        <lei>549300MY7HLQFYTPCX75</lei>
        <title>LITTELFUSE INC COM</title>
        <cusip>537008104</cusip>
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          <isin value="US5370081045"/>
          <ticker value="LFUS"/>
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        <balance>4895.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2017621.10000000</valUSD>
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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>CHESAPEAKE UTILITIES CORP</name>
        <lei>254900WW0FDCKAOCKE74</lei>
        <title>CHESAPEAKE UTILITIES CORP COM</title>
        <cusip>165303108</cusip>
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          <isin value="US1653031088"/>
          <ticker value="CPK"/>
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        <curCd>USD</curCd>
        <valUSD>6906288.18000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>FRANKLIN ELECTRIC CO INC</name>
        <lei>RR6AURIKMXUE4Q24G284</lei>
        <title>FRANKLIN ELECTRIC CO INC COM</title>
        <cusip>353514102</cusip>
        <identifiers>
          <isin value="US3535141028"/>
          <ticker value="FELE"/>
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        <balance>32203.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3223198.27000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ALKERMES PLC</name>
        <lei>N/A</lei>
        <title>ALKERMES PLC SHS</title>
        <cusip>000000000</cusip>
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          <isin value="IE00B56GVS15"/>
          <ticker value="ALKS"/>
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        <balance>86890.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4082961.10000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>ASHLAND INC</name>
        <lei>529900E4L9R04SB8HB11</lei>
        <title>ASHLAND INC COM</title>
        <cusip>044186104</cusip>
        <identifiers>
          <isin value="US0441861046"/>
          <ticker value="ASH"/>
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        <balance>41876.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIGAND PHARMACEUTICALS INC</name>
        <lei>5493008K7TB0IKP37H79</lei>
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        <cusip>53220K504</cusip>
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          <isin value="US53220K5048"/>
          <ticker value="LGND"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KNOWLES CORP</name>
        <lei>5493003EO323TDZQU148</lei>
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        <cusip>49926D109</cusip>
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          <isin value="US49926D1090"/>
          <ticker value="KN"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PATRICK INDUSTRIES INC</name>
        <lei>549300FZ5ZTCCJ3Z5W14</lei>
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          <isin value="US7033431039"/>
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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>FLAGSTAR BANK NA</name>
        <lei>SS1TRMSN6BRNMOREEV51</lei>
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          <isin value="US6494454001"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIASAT INC</name>
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          <isin value="US92552V1008"/>
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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>KRYSTAL BIOTECH INC</name>
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          <isin value="US5011471027"/>
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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>PIPER SANDLER COMPANIES</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JEFFERSON CAPITAL INC</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PBF ENERGY INC</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARRIOTT VACATIONS WORLDWIDE CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FB FINANCIAL CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LIONSGATE STUDIOS CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>OMNICELL INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>UMH PROPERTIES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BREAD FINANCIAL HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HALOZYME THERAPEUTICS 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>CORE NATURAL RESOURCES INC</name>
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        <title>CORE NATURAL RESOURCES INC COM SHS</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ALLIANCE LAUNDRY HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NEOGEN CORP</name>
        <lei>549300HJT9FC36N4UW43</lei>
        <title>NEOGEN CORP COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>VSE CORP</name>
        <lei>549300QWJYQDH4U5XI15</lei>
        <title>VSE CORP COM</title>
        <cusip>918284100</cusip>
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          <ticker value="VSEC"/>
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        <fairValLevel>1</fairValLevel>
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        <name>WESBANCO INC</name>
        <lei>N/A</lei>
        <title>WESBANCO INC COM</title>
        <cusip>950810101</cusip>
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          <ticker value="WSBC"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>URBAN OUTFITTERS INC</name>
        <lei>549300N3DUFR5U6NRN38</lei>
        <title>URBAN OUTFITTERS INC COM</title>
        <cusip>917047102</cusip>
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          <ticker value="URBN"/>
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        <balance>74177.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5985342.13000000</valUSD>
        <pctVal>0.637837436483</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>SOUTHWEST GAS HOLDINGS INC</name>
        <lei>254900LKF9EV0CUKNE09</lei>
        <title>SOUTHWEST GAS HOLDINGS INC COM</title>
        <cusip>844895102</cusip>
        <identifiers>
          <isin value="US8448951025"/>
          <ticker value="SWX"/>
        </identifiers>
        <balance>96400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8515012.00000000</valUSD>
        <pctVal>0.907415701181</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>SOLSTICE ADVANCED MATERIALS INC</name>
        <lei>2138004GZ4H9TW6HK435</lei>
        <title>SOLSTICE ADVANCED MATERIALS INC COM SHS</title>
        <cusip>83443Q103</cusip>
        <identifiers>
          <isin value="US83443Q1031"/>
          <ticker value="SOLS"/>
        </identifiers>
        <balance>62127.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3938230.53000000</valUSD>
        <pctVal>0.419683755912</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>SOUTHSTATE BANK CORP</name>
        <lei>N/A</lei>
        <title>SOUTHSTATE BANK CORP COM</title>
        <cusip>84472E102</cusip>
        <identifiers>
          <isin value="US84472E1029"/>
          <ticker value="SSB"/>
        </identifiers>
        <balance>96922.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10166148.58000000</valUSD>
        <pctVal>1.083371678400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="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>2026-10-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Goldman Sachs Trust</ncom:nameOfApplicant>
      <ncom:signature>Allison Frachiolla</ncom:signature>
      <ncom:signerName>Allison Frachiolla</ncom:signerName>
      <ncom:title>Vice President Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
