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        <isRestrictedSec>N</isRestrictedSec>

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        <name>LINCOLN ELECTRIC HOLDINGS, INC.</name>
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      <invstOrSec>
        <name>EASTERLY GOVERNMENT PROPERTIES, INC.</name>
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        <name>HALOZYME THERAPEUTICS, INC.</name>
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        <name>DAVITA INC.</name>
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      <invstOrSec>
        <name>NVENT ELECTRIC PUBLIC LIMITED COMPANY</name>
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        <name>Protagonist Therapeutics Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RANGE RESOURCES CORPORATION</name>
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        <name>BRIXMOR PROPERTY GROUP INC.</name>
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        <name>TEGNA INC.</name>
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        <name>CAVCO INDUSTRIES, INC.</name>
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        <name>D-Wave Quantum Inc</name>
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        <name>CAMDEN PROPERTY TRUST</name>
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        <name>AXIS CAPITAL HOLDINGS LIMITED</name>
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        <name>LAUREATE EDUCATION, INC.</name>
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        <name>DT MIDSTREAM, INC.</name>
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        <name>GOGO INC.</name>
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        <name>CLARIVATE PLC</name>
        <lei>549300WDHIIODXFO0R55</lei>
        <title>CLARIVATE PLC</title>
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        <name>HECLA MINING COMPANY</name>
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        <name>FIRST INTERSTATE BANCSYSTEM, INC.</name>
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        <name>ADEIA INC.</name>
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        <name>Nuscale Power Corp</name>
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        <name>THOR INDUSTRIES, INC.</name>
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        <name>ACADIA REALTY TRUST</name>
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        <name>MGM RESORTS INTERNATIONAL</name>
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        <name>MAXIMUS, INC.</name>
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        <name>CACI INTERNATIONAL INC.</name>
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        <name>SALLY BEAUTY HOLDINGS, INC.</name>
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        <name>DONALDSON COMPANY, INC.</name>
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        <name>BORGWARNER INC.</name>
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        <name>INVESCO LTD</name>
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        <name>Procept Biorobotics Corp</name>
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        <name>Expro Group Holdings N.V.</name>
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        <name>BANK OZK</name>
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        <name>SPROUTS FARMERS MARKET, INC.</name>
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        <name>CUBESMART</name>
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        <name>CHEWY, INC.</name>
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        <name>VISTEON CORPORATION</name>
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        <name>PLEXUS CORP.</name>
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        <name>CNX RESOURCES CORPORATION</name>
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        <name>Washington Trust Bancorp, Inc.</name>
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        <name>OPTION CARE HEALTH, INC.</name>
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        <name>PLUG POWER INC.</name>
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        <name>UNITED BANKSHARES, INC.</name>
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        <name>PEGASYSTEMS INC.</name>
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        <name>HA SUSTAINABLE INFRASTRUCTURE CAPITAL, INC.</name>
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        <name>BOISE CASCADE COMPANY</name>
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        <name>JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY</name>
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        <name>CROCS, INC.</name>
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        <name>ADVANCED ENERGY INDUSTRIES, INC.</name>
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        <name>KINDERCARE LEARNING COMPANIES, INC.</name>
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        <name>ONTO INNOVATION INC.</name>
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        <name>CALIX, INC.</name>
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        <name>STAAR SURGICAL COMPANY</name>
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        <name>ESSENTIAL PROPERTIES REALTY TRUST, INC.</name>
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        <name>Enpro Inc.</name>
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      <invstOrSec>
        <name>LIBERTY LIVE HOLDINGS, INC.</name>
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      <invstOrSec>
        <name>Coherent Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AVIS BUDGET GROUP, INC.</name>
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        <name>JACKSON FINANCIAL INC.</name>
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        <name>SAIA, INC.</name>
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        <name>Vera Therapeutics Inc</name>
        <lei>N/A</lei>
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        <name>OSHKOSH CORPORATION</name>
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        <name>THE MIDDLEBY CORPORATION</name>
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      <invstOrSec>
        <name>KBR, INC.</name>
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      <invstOrSec>
        <name>ORGANON &amp; CO.</name>
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        <title>ORGANON CO</title>
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        <name>Progyny Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>GLOBAL BUSINESS TRAVEL GROUP, INC.</name>
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        <title>GLOBAL BUSINESS TRAVEL GROUP I</title>
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      <invstOrSec>
        <name>ALLY FINANCIAL INC.</name>
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        <name>AKAMAI TECHNOLOGIES, INC.</name>
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        <name>ADT INC.</name>
        <lei>N/A</lei>
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        <name>OLD NATIONAL BANCORP</name>
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        <name>Tilray Brands, Inc.</name>
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        <name>Payoneer Global Inc</name>
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        <name>INSTALLED BUILDING PRODUCTS, INC.</name>
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        <name>MARINEMAX, INC.</name>
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        <name>WILLSCOT HOLDINGS CORPORATION</name>
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        <name>HNI CORPORATION</name>
        <lei>549300SKRADLC4O5HV93</lei>
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        <name>Aebi Schmidt Holding AG</name>
        <lei>506700TN58RT735OV464</lei>
        <title>AEBI SCHMIDT HOLDING AG</title>
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      <invstOrSec>
        <name>KNIFE RIVER CORPORATION</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>HERC HOLDINGS INC.</name>
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      <invstOrSec>
        <name>BRINKER INTERNATIONAL, INC.</name>
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        <name>Hasbro, Inc.</name>
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        <name>ADMA BIOLOGICS, INC.</name>
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        <name>APTARGROUP, INC.</name>
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        <name>AMN HEALTHCARE SERVICES, INC.</name>
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        <name>BIO-RAD LABORATORIES, INC.</name>
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        <name>UNITED COMMUNITY BANKS, INC.</name>
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        <name>SITEONE LANDSCAPE SUPPLY, INC.</name>
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        <name>AVIENT CORPORATION</name>
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        <name>UPWORK INC.</name>
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        <name>WOODWARD, INC.</name>
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        <name>ITT INC.</name>
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        <name>AMERICAN STATES WATER COMPANY</name>
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        <name>MEDICAL PROPERTIES TRUST, INC.</name>
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        <name>LIVANOVA PLC</name>
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        <title>LIVANOVA PLC</title>
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        <name>BEAZER HOMES USA, INC.</name>
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        <name>GAMESTOP CORP.</name>
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        <name>Quantum Computing Inc</name>
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        <name>TEXAS ROADHOUSE, INC.</name>
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        <name>STANDARD MOTOR PRODUCTS, INC.</name>
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        <name>ENERPAC TOOL GROUP CORP.</name>
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        <name>TERAWULF INC.</name>
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        <name>EOS ENERGY ENTERPRISES, INC.</name>
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        <name>ENCORE CAPITAL GROUP, INC.</name>
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        <name>TETRA TECH, INC.</name>
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        <name>LCI INDUSTRIES</name>
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        <name>RADNET, INC.</name>
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        <name>CYTOKINETICS, INCORPORATED</name>
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        <name>THE CHEMOURS COMPANY</name>
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        <name>BIOLIFE SOLUTIONS, INC.</name>
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        <name>Koppers Holdings Inc.</name>
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        <name>EAGLE MATERIALS INC.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>THE NEW YORK TIMES COMPANY</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Viridian Therapeutics Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HANCOCK WHITNEY CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UNIVERSAL DISPLAY CORPORATION</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TECHNIPFMC PLC</name>
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          <isin value="GB00BDSFG982"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LIBERTY BROADBAND CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GALAXY DIGITAL INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CINEMARK HOLDINGS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WINNEBAGO INDUSTRIES, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Symbotic Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INDEPENDENT BANK CORP.</name>
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        <title>INDEPENDENT BANK CORP</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JBT MAREL CORPORATION</name>
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        <title>JBT MAREL CORP</title>
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        <fairValLevel>1</fairValLevel>
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        <name>NORTHWEST NATURAL HOLDING COMPANY</name>
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        <title>NORTHWEST NATURAL HOLDING CO</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MP MATERIALS CORP</name>
        <lei>89450063PHPS61USMT84</lei>
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        <name>POWELL INDUSTRIES, INC.</name>
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        <name>WEATHERFORD INTERNATIONAL PUBLIC LIMITED COMPANY</name>
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        <name>PRIMORIS SERVICES CORPORATION</name>
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        <name>GRIFFON CORPORATION</name>
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        <name>METALLUS INC.</name>
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        <name>OMNICELL, INC.</name>
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        <name>THE BANCORP, INC.</name>
        <lei>894500FP2ICT1B019Y71</lei>
        <title>BANCORP INC THE</title>
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        <name>JEFFERIES FINANCIAL GROUP INC.</name>
        <lei>549300HOF34RGOJ5YL07</lei>
        <title>JEFFERIES FINANCIAL GROUP INC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>KAISER ALUMINUM CORPORATION</name>
        <lei>N/A</lei>
        <title>KAISER ALUMINUM CORP</title>
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      <invstOrSec>
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      <invstOrSec>
        <name>MARA HOLDINGS, INC.</name>
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      <invstOrSec>
        <name>MOHAWK INDUSTRIES, INC.</name>
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      <invstOrSec>
        <name>SCHNEIDER NATIONAL, INC.</name>
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        <name>Winmark Corporation</name>
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      <invstOrSec>
        <name>BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares</name>
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        <name>LXP INDUSTRIAL TRUST</name>
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        <name>AST SPACEMOBILE, INC.</name>
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        <name>MCGRATH RENTCORP</name>
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        <name>OLLIE'S BARGAIN OUTLET HOLDINGS, INC.</name>
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        <name>WARBY PARKER INC</name>
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        <name>ZIFF DAVIS, INC.</name>
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        <name>FLOWSERVE CORPORATION</name>
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        <name>PHILLIPS EDISON &amp; COMPANY, INC.</name>
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        <name>QXO, INC.</name>
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        <name>CAVA GROUP, INC.</name>
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        <name>SIMPSON MANUFACTURING CO., INC.</name>
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        <name>BIO-TECHNE CORPORATION</name>
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        <name>RAYONIER INC.</name>
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        <name>COTY INC.</name>
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        <name>CORE &amp; MAIN, INC.</name>
        <lei>N/A</lei>
        <title>CORE MAIN INC</title>
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        <name>Crane Co</name>
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        <name>KILROY REALTY CORPORATION</name>
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        <name>BIOMARIN PHARMACEUTICAL INC.</name>
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        <name>SentinelOne Inc</name>
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        <name>UL SOLUTIONS INC.</name>
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        <name>FEDERAL REALTY INVESTMENT TRUST</name>
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        <name>NETSTREIT CORP.</name>
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        <name>NEXTNAV INC.</name>
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        <name>Grail Inc</name>
        <lei>N/A</lei>
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        <name>ABM INDUSTRIES INCORPORATED</name>
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        <name>HILTON GRAND VACATIONS INC.</name>
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        <name>Klaviyo Inc</name>
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        <name>Excelerate Energy Inc</name>
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        <name>TRONOX HOLDINGS PLC</name>
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        <name>GLOBE LIFE INC.</name>
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        <name>SOUTHWEST GAS HOLDINGS, INC.</name>
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        <name>SABRA HEALTH CARE REIT, INC.</name>
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        <name>LUCID GROUP, INC.</name>
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        <name>SHIFT4 PAYMENTS, INC</name>
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        <name>DOLBY LABORATORIES, INC.</name>
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        <name>Recursion Pharmaceuticals Inc</name>
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        <name>Mobileye Global Inc</name>
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        <name>THE MOSAIC COMPANY</name>
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        <name>Tanger Inc.</name>
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        <name>OUTFRONT MEDIA INC.</name>
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        <name>MODERNA, INC.</name>
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        <name>FRESHPET, INC.</name>
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        <name>TEMPUS AI, INC</name>
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        <title>TEMPUS AI INC</title>
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        <name>Duolingo Inc</name>
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        <name>WARRIOR MET COAL, INC.</name>
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        <name>CG Oncology Inc</name>
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        <name>THE MACERICH COMPANY</name>
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        <name>Kontoor Brands, Inc.</name>
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        <name>OWENS CORNING</name>
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        <name>STEPAN COMPANY</name>
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        <name>CONSTELLIUM SE</name>
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        <name>COMPASS MINERALS INTERNATIONAL, INC.</name>
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        <name>WESTERN ALLIANCE BANCORPORATION</name>
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      <invstOrSec>
        <name>ABERCROMBIE &amp; FITCH CO.</name>
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        <name>WORKIVA INC.</name>
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        <name>ESCO TECHNOLOGIES INC.</name>
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        <name>UFP TECHNOLOGIES, INC.</name>
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        <name>SONOS, INC.</name>
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        <name>LITTELFUSE, INC.</name>
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        <name>STERLING INFRASTRUCTURE, INC.</name>
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        <name>FLOOR &amp; DECOR HOLDINGS, INC.</name>
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        <name>NATIONAL FUEL GAS COMPANY</name>
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        <name>TUTOR PERINI CORPORATION</name>
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        <name>TENET HEALTHCARE CORPORATION</name>
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        <name>EVERCORE INC.</name>
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        <name>IRIDIUM COMMUNICATIONS INC.</name>
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        <name>LATTICE SEMICONDUCTOR CORPORATION</name>
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        <name>BEACON FINANCIAL CORPORATION</name>
        <lei>549300AS2OC6UMMBNO37</lei>
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        <name>ROKU, INC.</name>
        <lei>549300KR6ITU0YIR1T71</lei>
        <title>ROKU INC</title>
        <cusip>77543R102</cusip>
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          <isin value="US77543R1023"/>
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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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      </invstOrSec>
      <invstOrSec>
        <name>NOVO NORDISK CVR</name>
        <lei>N/A</lei>
        <title>NOVO NORDISK CVR</title>
        <cusip>009CVR044</cusip>
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          <isin value="US009CVR0445"/>
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        <balance>18334.00000000</balance>
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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>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FABRINET</name>
        <lei>5493004TETZ6IYF7CV44</lei>
        <title>FABRINET</title>
        <cusip>G3323L100</cusip>
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          <isin value="KYG3323L1005"/>
          <other otherDesc="Internal" value="G3323L100"/>
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        <balance>13925.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</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>AMERICAN EAGLE OUTFITTERS, INC.</name>
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          <isin value="US02553E1064"/>
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        <balance>61741.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ELEMENT SOLUTIONS INC</name>
        <lei>549300FLGN6P5CU20J91</lei>
        <title>ELEMENT SOLUTIONS INC</title>
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          <isin value="US28618M1062"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PIPER SANDLER COMPANIES</name>
        <lei>QUQDBTUSOAKFEVMRMF78</lei>
        <title>PIPER SANDLER COS</title>
        <cusip>724078100</cusip>
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          <isin value="US7240781002"/>
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        <balance>6551.00000000</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>CALLAWAY GOLF COMPANY</name>
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        <title>CALLAWAY GOLF COMPANY</title>
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          <isin value="US1311931042"/>
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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>TG THERAPEUTICS, INC.</name>
        <lei>N/A</lei>
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          <isin value="US88322Q1085"/>
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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>UNITED NATURAL FOODS, INC.</name>
        <lei>N/A</lei>
        <title>UNITED NATURAL FOODS INC</title>
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          <isin value="US9111631035"/>
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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>COGNEX CORPORATION</name>
        <lei>N/A</lei>
        <title>COGNEX CORP</title>
        <cusip>192422103</cusip>
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          <isin value="US1924221039"/>
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        <balance>46567.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Crinetics Pharmaceuticals Inc</name>
        <lei>N/A</lei>
        <title>CRINETICS PHARMACEUTICALS INC</title>
        <cusip>22663K107</cusip>
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          <isin value="US22663K1079"/>
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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>AXALTA COATING SYSTEMS LTD.</name>
        <lei>N/A</lei>
        <title>AXALTA COATING SYSTEMS LTD</title>
        <cusip>G0750C108</cusip>
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          <isin value="BMG0750C1082"/>
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        <balance>122770.00000000</balance>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MURPHY USA INC.</name>
        <lei>549300Y081F8XIKQIO72</lei>
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        <balance>10092.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3943348.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA WATER SERVICE GROUP</name>
        <lei>N/A</lei>
        <title>CALIFORNIA WATER SERVICE GROUP</title>
        <cusip>130788102</cusip>
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        <balance>28607.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Regal Rexnord Corporation</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>VALVOLINE INC.</name>
        <lei>549300CMHPBEY6VPOT75</lei>
        <title>VALVOLINE INC</title>
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        <fairValLevel>1</fairValLevel>
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        <name>HIMS &amp; HERS HEALTH, INC.</name>
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        <name>ASBURY AUTOMOTIVE GROUP, INC.</name>
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        <name>Tarsus Pharmaceuticals Inc</name>
        <lei>N/A</lei>
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        <name>MARKETAXESS HOLDINGS INC.</name>
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        <title>MARKETAXESS HOLDINGS INC</title>
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        <name>HF SINCLAIR CORPORATION</name>
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        <title>HF SINCLAIR CORP</title>
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        <name>JANUS HENDERSON GROUP PLC</name>
        <lei>2138009WPYMWJN3RVF44</lei>
        <title>JANUS HENDERSON GROUP PLC</title>
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        <invCountry>JE</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>CLEAN HARBORS, INC.</name>
        <lei>5493000SJVZVZJKHJF48</lei>
        <title>CLEAN HARBORS INC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>S P MID 400 EMINI MAR26</name>
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        <name>BKV CORPORATION</name>
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        <name>ESTABLISHMENT LABS HOLDINGS INC.</name>
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        <name>First BanCorp.</name>
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        <name>TALOS ENERGY INC.</name>
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        <name>ORMAT TECHNOLOGIES, INC.</name>
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        <name>AVNET, INC.</name>
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        <name>Cushman &amp; Wakefield Ltd.</name>
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        <name>JBG SMITH PROPERTIES</name>
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        <name>BRANDYWINE REALTY TRUST</name>
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        <name>Twist Bioscience Corp</name>
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        <name>Praxis Precision Medicines Inc</name>
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        <name>KENNAMETAL INC.</name>
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        <name>ARRAY TECHNOLOGIES, INC.</name>
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        <name>LIBERTY BROADBAND CORPORATION</name>
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        <name>DUCOMMUN INCORPORATED</name>
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        <name>Arlo Technologies Inc</name>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>Nuvation Bio Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>ALKERMES PUBLIC LIMITED COMPANY</name>
        <lei>N/A</lei>
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        <name>RUBRIK, INC.</name>
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        <name>BROADSTONE NET LEASE, INC.</name>
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        <name>AMERICAN HEALTHCARE REIT, INC.</name>
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        <name>NEXSTAR MEDIA GROUP, INC.</name>
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        <name>Unity Software Inc</name>
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        <name>DigitalOcean Holdings, Inc.</name>
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        <name>INNOVEX INTERNATIONAL, INC.</name>
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        <name>PRIVIA HEALTH GROUP, INC.</name>
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        <name>THE REALREAL, INC.</name>
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        <name>Viking Therapeutics Inc</name>
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        <name>LAMB WESTON HOLDINGS, INC.</name>
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        <name>PENN Entertainment, Inc.</name>
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        <name>RUSH ENTERPRISES, INC.</name>
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        <name>ASSURANT, INC.</name>
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        <name>Somnigroup International Inc.</name>
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        <name>REPLIGEN CORPORATION</name>
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        <name>CAREDX, INC.</name>
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        <name>AZZ INC.</name>
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        <name>APPFOLIO, INC.</name>
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        <title>APPFOLIO INC</title>
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        <name>ARCOSA, INC.</name>
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        <title>ARCOSA INCORPORATED</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fluence Energy Inc</name>
        <lei>25490043LHZ97BT5PP29</lei>
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          <isin value="US34379V1035"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pathward Financial, Inc.</name>
        <lei>5493004X52BH1NBLW813</lei>
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          <isin value="US59100U1088"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HARLEY-DAVIDSON, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>THE ANDERSONS, INC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ARTIVION, INC.</name>
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          <isin value="US2289031005"/>
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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>Xenon Pharmaceuticals Inc</name>
        <lei>N/A</lei>
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          <isin value="CA98420N1050"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ONE GAS, INC.</name>
        <lei>549300HXDWI0LATTX840</lei>
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          <isin value="US68235P1084"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WYNDHAM HOTELS &amp; RESORTS, INC.</name>
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          <isin value="US98311A1051"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ETSY, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GENPACT LIMITED</name>
        <lei>529900OSEC6Q0L4L5B35</lei>
        <title>GENPACT LTD</title>
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        <fairValLevel>1</fairValLevel>
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        <name>NETGEAR, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>COASTAL FINANCIAL CORPORATION</name>
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        <title>COASTAL FINANCIAL CORP WA</title>
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        <fairValLevel>1</fairValLevel>
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        <name>STIFEL FINANCIAL CORP.</name>
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        <title>STIFEL FINANCIAL CORP</title>
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        <name>VIATRIS INC.</name>
        <lei>254900ZZTSW7NL773X71</lei>
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        <name>LIFE TIME GROUP HOLDINGS, INC</name>
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        <name>WYNN RESORTS, LIMITED</name>
        <lei>254900CEKKWIHTEAB172</lei>
        <title>WYNN RESORTS LTD</title>
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        <name>ALLEGRO MICROSYSTEMS, INC</name>
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        <name>TRINITY INDUSTRIES, INC.</name>
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        <name>AVISTA CORPORATION</name>
        <lei>Q0IK63NITJD6RJ47SW96</lei>
        <title>AVISTA CORP</title>
        <cusip>05379B107</cusip>
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        <name>XENIA HOTELS &amp; RESORTS, INC.</name>
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        <title>XENIA HOTELS RESORTS INC</title>
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        <name>Arcellx Inc</name>
        <lei>N/A</lei>
        <title>ARCELLX INC</title>
        <cusip>03940C100</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Signet Jewelers Limited</name>
        <lei>549300N3XPGE91WV7M22</lei>
        <title>SIGNET JEWELERS LTD</title>
        <cusip>G81276100</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VIASAT, INC.</name>
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        <name>MoonLake Immunotherapeutics</name>
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        <name>CCC INTELLIGENT SOLUTIONS HOLDINGS INC.</name>
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        <name>O-I GLASS, INC.</name>
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        <name>TRUMP MEDIA &amp; TECHNOLOGY GROUP CORP.</name>
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        <name>Popular, Inc.</name>
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        <name>REVVITY, INC.</name>
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        <name>BENCHMARK ELECTRONICS, INC.</name>
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      <invstOrSec>
        <name>NEXTPOWER INC.</name>
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      <invstOrSec>
        <name>AvePoint Inc</name>
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      <invstOrSec>
        <name>WEX INC.</name>
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      <invstOrSec>
        <name>CORVEL CORPORATION</name>
        <lei>N/A</lei>
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        <name>ARGAN, INC.</name>
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        <name>DIEBOLD NIXDORF, INCORPORATED</name>
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        <name>ENTERPRISE FINANCIAL SERVICES CORP</name>
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      <invstOrSec>
        <name>ThredUp Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>RYAN SPECIALTY HOLDINGS, INC.</name>
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        <name>ATLANTIC UNION BANKSHARES CORPORATION</name>
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        <name>THE CHEFS' WAREHOUSE, INC.</name>
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        <name>TERADATA CORPORATION</name>
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        <name>CELANESE CORPORATION</name>
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        <name>BANKUNITED, INC.</name>
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        <name>SILICON LABORATORIES INC.</name>
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        <name>COMPASS, INC</name>
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        <name>AXSOME THERAPEUTICS, INC.</name>
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        <name>V2X, INC.</name>
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        <name>CABLE ONE, INC.</name>
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        <name>OVINTIV INC.</name>
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        <title>OVINTIV INC</title>
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        <name>TKO GROUP HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>TKO GROUP HOLDINGS INC</title>
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          <other otherDesc="Internal" value="87256C101"/>
        </identifiers>
        <balance>22779.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5099534.73000000</valUSD>
        <pctVal>0.217239850466</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>COMMVAULT SYSTEMS, INC.</name>
        <lei>65T5VRP62VXG39YFML83</lei>
        <title>COMMVAULT SYSTEMS INC</title>
        <cusip>204166102</cusip>
        <identifiers>
          <isin value="US2041661024"/>
          <other otherDesc="Internal" value="204166102"/>
        </identifiers>
        <balance>26078.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2218716.24000000</valUSD>
        <pctVal>0.094517168668</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>COVISTA INC.</name>
        <lei>N/A</lei>
        <title>COVISTA INC</title>
        <cusip>00737L103</cusip>
        <identifiers>
          <isin value="US00737L1035"/>
          <other otherDesc="Internal" value="00737L103"/>
        </identifiers>
        <balance>11993.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1175314.00000000</valUSD>
        <pctVal>0.050068300566</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>BOOT BARN HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>BOOT BARN HOLDINGS INC</title>
        <cusip>099406100</cusip>
        <identifiers>
          <isin value="US0994061002"/>
          <other otherDesc="Internal" value="099406100"/>
        </identifiers>
        <balance>11682.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2210468.04000000</valUSD>
        <pctVal>0.094165795880</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>ATKORE INC</name>
        <lei>N/A</lei>
        <title>ATKORE INC</title>
        <cusip>047649108</cusip>
        <identifiers>
          <isin value="US0476491081"/>
          <other otherDesc="Internal" value="047649108"/>
        </identifiers>
        <balance>16687.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1079815.77000000</valUSD>
        <pctVal>0.046000082130</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>SLM CORPORATION</name>
        <lei>N/A</lei>
        <title>SLM CORP</title>
        <cusip>78442P106</cusip>
        <identifiers>
          <isin value="US78442P1066"/>
          <other otherDesc="Internal" value="78442P106"/>
        </identifiers>
        <balance>132002.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2473717.48000000</valUSD>
        <pctVal>0.105380205039</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>THE BALDWIN INSURANCE GROUP, INC</name>
        <lei>N/A</lei>
        <title>BALDWIN INSURANCE GROUP IN TH</title>
        <cusip>05589G102</cusip>
        <identifiers>
          <isin value="US05589G1022"/>
          <other otherDesc="Internal" value="05589G102"/>
        </identifiers>
        <balance>46183.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1072831.09000000</valUSD>
        <pctVal>0.045702535213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="989598.00000000"/>
        </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>2026-03-30</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares Trust</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort </ncom:signature>
      <ncom:signerName>Chuck Pulsfort </ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>