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          <ccc>XXXXXXXX</ccc>
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      <regStreet1>4300 Shawnee Mission Parkway</regStreet1>
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      <regCity>Fairway</regCity>
      <regStateConditional regCountry="US" regState="US-KS"/>
      <regZipOrPostalCode>66205</regZipOrPostalCode>
      <regPhone>(877) 244-6235</regPhone>
      <seriesName>M3Sixty Small Cap Growth Fund</seriesName>
      <seriesId>S000080760</seriesId>
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      <repPdEnd>2026-05-31</repPdEnd>
      <repPdDate>2026-02-28</repPdDate>
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        <name>HealthStream Inc</name>
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        <name>La-Z-Boy Inc</name>
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        <name>Ollie's Bargain Outlet Holdings Inc</name>
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      <invstOrSec>
        <name>Krystal Biotech Inc</name>
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        <name>Barrett Business Services Inc</name>
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        <name>CBIZ Inc</name>
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        <pctVal>1.119</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>EVERTEC Inc</name>
        <lei>N/A</lei>
        <title>COMMON STOCK</title>
        <cusip>30040P103</cusip>
        <identifiers>
          <isin value="PR30040P1032"/>
        </identifiers>
        <balance>2331</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>65990.61</valUSD>
        <pctVal>0.6652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grand Canyon Education Inc</name>
        <lei>529900XFER799IYOSW74</lei>
        <title>COMMON STOCK</title>
        <cusip>38526M106</cusip>
        <identifiers>
          <isin value="US38526M1062"/>
        </identifiers>
        <balance>559</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>88920.13</valUSD>
        <pctVal>0.8963</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>Healthcare Services Group Inc</name>
        <lei>529900GVZ1D2FBYMS719</lei>
        <title>COMMON STOCK</title>
        <cusip>421906108</cusip>
        <identifiers>
          <isin value="US4219061086"/>
        </identifiers>
        <balance>4653</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>101295.81</valUSD>
        <pctVal>1.021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J &amp; J Snack Foods Corp</name>
        <lei>894500IGP1Y2ZQFQMJ83</lei>
        <title>COMMON STOCK</title>
        <cusip>466032109</cusip>
        <identifiers>
          <isin value="US4660321096"/>
        </identifiers>
        <balance>989</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>86102.34</valUSD>
        <pctVal>0.8679</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>CONMED Corp</name>
        <lei>Z6C0YCECH9DCU5ZIQW84</lei>
        <title>COMMON STOCK</title>
        <cusip>207410101</cusip>
        <identifiers>
          <isin value="US2074101013"/>
        </identifiers>
        <balance>1647</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75762</valUSD>
        <pctVal>0.7636</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>Globus Medical Inc</name>
        <lei>5299003M2P4CIK0RF205</lei>
        <title>COMMON STOCK</title>
        <cusip>379577208</cusip>
        <identifiers>
          <isin value="US3795772082"/>
        </identifiers>
        <balance>1432</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>136698.72</valUSD>
        <pctVal>1.3779</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>iRadimed Corp</name>
        <lei>549300YVHWP0YJ1YW816</lei>
        <title>COMMON STOCK</title>
        <cusip>46266A109</cusip>
        <identifiers>
          <isin value="US46266A1097"/>
        </identifiers>
        <balance>1366</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>141421.98</valUSD>
        <pctVal>1.4255</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>LeMaitre Vascular Inc</name>
        <lei>549300FZUBUB7MHY8R17</lei>
        <title>COMMON STOCK</title>
        <cusip>525558201</cusip>
        <identifiers>
          <isin value="US5255582018"/>
        </identifiers>
        <balance>1443</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>156103.74</valUSD>
        <pctVal>1.5735</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>Omnicell Inc</name>
        <lei>5493008RH0GTKHHPZI77</lei>
        <title>COMMON STOCK</title>
        <cusip>68213N109</cusip>
        <identifiers>
          <isin value="US68213N1090"/>
        </identifiers>
        <balance>1832</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75295.2</valUSD>
        <pctVal>0.7589</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>UFP Technologies Inc</name>
        <lei>549300RJ8LY41HS70C91</lei>
        <title>COMMON STOCK</title>
        <cusip>902673102</cusip>
        <identifiers>
          <isin value="US9026731029"/>
        </identifiers>
        <balance>549</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>115608.42</valUSD>
        <pctVal>1.1653</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>Addus HomeCare Corp</name>
        <lei>52990090ZT33AKPDBX62</lei>
        <title>COMMON STOCK</title>
        <cusip>006739106</cusip>
        <identifiers>
          <isin value="US0067391062"/>
        </identifiers>
        <balance>1526</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>157986.78</valUSD>
        <pctVal>1.5924</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>Ensign Group Inc/The</name>
        <lei>5493003K4HEEA8Q0BC72</lei>
        <title>COMMON STOCK</title>
        <cusip>29358P101</cusip>
        <identifiers>
          <isin value="US29358P1012"/>
        </identifiers>
        <balance>1342</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>287416.14</valUSD>
        <pctVal>2.897</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>National HealthCare Corp</name>
        <lei>254900PTS11LS1JS2752</lei>
        <title>COMMON STOCK</title>
        <cusip>635906100</cusip>
        <identifiers>
          <isin value="US6359061008"/>
        </identifiers>
        <balance>527</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>86164.5</valUSD>
        <pctVal>0.8685</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>Pediatrix Medical Group Inc</name>
        <lei>N/A</lei>
        <title>COMMON STOCK</title>
        <cusip>58502B106</cusip>
        <identifiers>
          <isin value="US58502B1061"/>
        </identifiers>
        <balance>4857</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>96411.45</valUSD>
        <pctVal>0.9718</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>Pennant Group Inc/The</name>
        <lei>5493007H2OYR6BYLDA64</lei>
        <title>COMMON STOCK</title>
        <cusip>70805E109</cusip>
        <identifiers>
          <isin value="US70805E1091"/>
        </identifiers>
        <balance>1665</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>56127.15</valUSD>
        <pctVal>0.5657</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>US Physical Therapy Inc</name>
        <lei>529900KL1UXQYFIOMY96</lei>
        <title>COMMON STOCK</title>
        <cusip>90337L108</cusip>
        <identifiers>
          <isin value="US90337L1089"/>
        </identifiers>
        <balance>1528</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>126762.88</valUSD>
        <pctVal>1.2777</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>WD-40 Co</name>
        <lei>549300UZHTN0CNKBOB19</lei>
        <title>COMMON STOCK</title>
        <cusip>929236107</cusip>
        <identifiers>
          <isin value="US9292361071"/>
        </identifiers>
        <balance>264</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>62884.8</valUSD>
        <pctVal>0.6339</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>Amphastar Pharmaceuticals Inc</name>
        <lei>54930055TH0ZLSAQMJ38</lei>
        <title>COMMON STOCK</title>
        <cusip>03209R103</cusip>
        <identifiers>
          <isin value="US03209R1032"/>
        </identifiers>
        <balance>5397</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>109181.31</valUSD>
        <pctVal>1.1005</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>Catalyst Pharmaceuticals Inc</name>
        <lei>5299004O0R5XXLA5H544</lei>
        <title>COMMON STOCK</title>
        <cusip>14888U101</cusip>
        <identifiers>
          <isin value="US14888U1016"/>
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        <balance>5047</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>116484.76</valUSD>
        <pctVal>1.1741</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>Corcept Therapeutics Inc</name>
        <lei>529900EO9LUTFMZ7FF90</lei>
        <title>COMMON STOCK</title>
        <cusip>218352102</cusip>
        <identifiers>
          <isin value="US2183521028"/>
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        <balance>1749</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>62439.3</valUSD>
        <pctVal>0.6294</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>Pacira BioSciences Inc</name>
        <lei>N/A</lei>
        <title>COMMON STOCK</title>
        <cusip>695127100</cusip>
        <identifiers>
          <isin value="US6951271005"/>
        </identifiers>
        <balance>7992</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>175104.72</valUSD>
        <pctVal>1.765</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>Supernus Pharmaceuticals Inc</name>
        <lei>549300GRM36VBKISYJ58</lei>
        <title>COMMON STOCK</title>
        <cusip>868459108</cusip>
        <identifiers>
          <isin value="US8684591089"/>
        </identifiers>
        <balance>1803</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>98678.19</valUSD>
        <pctVal>0.9946</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>Innovex International Inc</name>
        <lei>5299007REICYIJNMW197</lei>
        <title>COMMON STOCK</title>
        <cusip>457651107</cusip>
        <identifiers>
          <isin value="US4576511079"/>
        </identifiers>
        <balance>4778</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>125900.3</valUSD>
        <pctVal>1.269</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>RPC Inc</name>
        <lei>N/A</lei>
        <title>COMMON STOCK</title>
        <cusip>749660106</cusip>
        <identifiers>
          <isin value="US7496601060"/>
        </identifiers>
        <balance>7631</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>44336.11</valUSD>
        <pctVal>0.4469</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>Select Water Solutions Inc</name>
        <lei>54930094OK8LA3QDW486</lei>
        <title>COMMON STOCK</title>
        <cusip>81617J301</cusip>
        <identifiers>
          <isin value="US81617J3014"/>
        </identifiers>
        <balance>9069</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>123973.23</valUSD>
        <pctVal>1.2496</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>First Financial Bankshares Inc</name>
        <lei>549300XN3GTGOENGNV49</lei>
        <title>COMMON STOCK</title>
        <cusip>32020R109</cusip>
        <identifiers>
          <isin value="US32020R1095"/>
        </identifiers>
        <balance>3195</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>98821.35</valUSD>
        <pctVal>0.9961</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>Glacier Bancorp Inc</name>
        <lei>549300SMJAUKZB5D7V74</lei>
        <title>COMMON STOCK</title>
        <cusip>37637Q105</cusip>
        <identifiers>
          <isin value="US37637Q1058"/>
        </identifiers>
        <balance>3550</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>161489.5</valUSD>
        <pctVal>1.6277</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>Hope Bancorp Inc</name>
        <lei>549300UTF4QGMBHIZ219</lei>
        <title>COMMON STOCK</title>
        <cusip>43940T109</cusip>
        <identifiers>
          <isin value="US43940T1097"/>
        </identifiers>
        <balance>5337</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>60094.62</valUSD>
        <pctVal>0.6057</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>Lakeland Financial Corp</name>
        <lei>N/A</lei>
        <title>COMMON STOCK</title>
        <cusip>511656100</cusip>
        <identifiers>
          <isin value="US5116561003"/>
        </identifiers>
        <balance>997</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>57915.73</valUSD>
        <pctVal>0.5838</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>WesBanco Inc</name>
        <lei>N/A</lei>
        <title>COMMON STOCK</title>
        <cusip>950810101</cusip>
        <identifiers>
          <isin value="US9508101014"/>
        </identifiers>
        <balance>2686</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>93660.82</valUSD>
        <pctVal>0.9441</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>Evercore Inc</name>
        <lei>529900P6KLPT95DW3W58</lei>
        <title>COMMON STOCK</title>
        <cusip>29977A105</cusip>
        <identifiers>
          <isin value="US29977A1051"/>
        </identifiers>
        <balance>352</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>108711.68</valUSD>
        <pctVal>1.0958</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>PJT Partners Inc</name>
        <lei>549300W3WBEQUBKYTN87</lei>
        <title>COMMON STOCK</title>
        <cusip>69343T107</cusip>
        <identifiers>
          <isin value="US69343T1079"/>
        </identifiers>
        <balance>280</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>41350.4</valUSD>
        <pctVal>0.4168</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>Getty Realty Corp</name>
        <lei>2549000P1W5SFJWCNP90</lei>
        <title>COMMON STOCK</title>
        <cusip>374297109</cusip>
        <identifiers>
          <isin value="US3742971092"/>
        </identifiers>
        <balance>2288</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75092.16</valUSD>
        <pctVal>0.7569</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>LTC Properties Inc</name>
        <lei>549300NRZP8IJG2KY677</lei>
        <title>COMMON STOCK</title>
        <cusip>502175102</cusip>
        <identifiers>
          <isin value="US5021751020"/>
        </identifiers>
        <balance>1200</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>47616</valUSD>
        <pctVal>0.4799</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>Boise Cascade Co</name>
        <lei>549300Z8B8LSRHC7XA55</lei>
        <title>COMMON STOCK</title>
        <cusip>09739D100</cusip>
        <identifiers>
          <isin value="US09739D1000"/>
        </identifiers>
        <balance>580</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>47989.2</valUSD>
        <pctVal>0.4837</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>Modine Manufacturing Co</name>
        <lei>Z35SZFYJR8GZZRSIUU09</lei>
        <title>COMMON STOCK</title>
        <cusip>607828100</cusip>
        <identifiers>
          <isin value="US6078281002"/>
        </identifiers>
        <balance>735</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>167028.75</valUSD>
        <pctVal>1.6836</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>UFP Industries Inc</name>
        <lei>5493007KB485C9OV5572</lei>
        <title>COMMON STOCK</title>
        <cusip>90278Q108</cusip>
        <identifiers>
          <isin value="US90278Q1085"/>
        </identifiers>
        <balance>1154</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>118758.14</valUSD>
        <pctVal>1.197</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>Insteel Industries Inc</name>
        <lei>52990026LKY4MOX3L174</lei>
        <title>COMMON STOCK</title>
        <cusip>45774W108</cusip>
        <identifiers>
          <isin value="US45774W1080"/>
        </identifiers>
        <balance>2625</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>97860</valUSD>
        <pctVal>0.9864</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>Badger Meter Inc</name>
        <lei>5493002JENE20OGTUG20</lei>
        <title>COMMON STOCK</title>
        <cusip>056525108</cusip>
        <identifiers>
          <isin value="US0565251081"/>
        </identifiers>
        <balance>850</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>129565.5</valUSD>
        <pctVal>1.306</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>Napco Security Technologies Inc</name>
        <lei>529900KV21J4YY9YST76</lei>
        <title>COMMON STOCK</title>
        <cusip>630402105</cusip>
        <identifiers>
          <isin value="US6304021057"/>
        </identifiers>
        <balance>1661</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>77419.21</valUSD>
        <pctVal>0.7804</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>NVE Corp</name>
        <lei>5299003C1ATTWX8X0112</lei>
        <title>COMMON STOCK</title>
        <cusip>629445206</cusip>
        <identifiers>
          <isin value="US6294452064"/>
        </identifiers>
        <balance>1111</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>76481.24</valUSD>
        <pctVal>0.7709</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>OSI Systems Inc</name>
        <lei>DDX3MPX1Y8YD30050X33</lei>
        <title>COMMON STOCK</title>
        <cusip>671044105</cusip>
        <identifiers>
          <isin value="US6710441055"/>
        </identifiers>
        <balance>490</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>139748</valUSD>
        <pctVal>1.4086</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>Plexus Corp</name>
        <lei>549300W7HCBI5YT25I79</lei>
        <title>COMMON STOCK</title>
        <cusip>729132100</cusip>
        <identifiers>
          <isin value="US7291321005"/>
        </identifiers>
        <balance>337</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>65421.81</valUSD>
        <pctVal>0.6594</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>Exponent Inc</name>
        <lei>529900NY3F5Q2NWPUZ42</lei>
        <title>COMMON STOCK</title>
        <cusip>30214U102</cusip>
        <identifiers>
          <isin value="US30214U1025"/>
        </identifiers>
        <balance>1339</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>97452.42</valUSD>
        <pctVal>0.9823</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>MYR Group Inc</name>
        <lei>529900G1IMMZHOQ17I54</lei>
        <title>COMMON STOCK</title>
        <cusip>55405W104</cusip>
        <identifiers>
          <isin value="US55405W1045"/>
        </identifiers>
        <balance>232</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>62630.72</valUSD>
        <pctVal>0.6313</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>Sterling Infrastructure Inc</name>
        <lei>549300RZIK6K1215XU51</lei>
        <title>COMMON STOCK</title>
        <cusip>859241101</cusip>
        <identifiers>
          <isin value="US8592411016"/>
        </identifiers>
        <balance>601</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>257306.13</valUSD>
        <pctVal>2.5935</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>Franklin Electric Co Inc</name>
        <lei>RR6AURIKMXUE4Q24G284</lei>
        <title>COMMON STOCK</title>
        <cusip>353514102</cusip>
        <identifiers>
          <isin value="US3535141028"/>
        </identifiers>
        <balance>879</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>87565.98</valUSD>
        <pctVal>0.8826</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>Albany International Corp</name>
        <lei>L73WCPNCZIRSQGZTW097</lei>
        <title>COMMON STOCK</title>
        <cusip>012348108</cusip>
        <identifiers>
          <isin value="US0123481089"/>
        </identifiers>
        <balance>2171</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>125158.15</valUSD>
        <pctVal>1.2615</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>Cactus Inc</name>
        <lei>549300J3T8C9F8QFKV08</lei>
        <title>COMMON STOCK</title>
        <cusip>127203107</cusip>
        <identifiers>
          <isin value="US1272031071"/>
        </identifiers>
        <balance>2218</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>119772</valUSD>
        <pctVal>1.2072</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>Cognex Corp</name>
        <lei>549300JQTYZCLC43S226</lei>
        <title>COMMON STOCK</title>
        <cusip>192422103</cusip>
        <identifiers>
          <isin value="US1924221039"/>
        </identifiers>
        <balance>1648</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>89651.2</valUSD>
        <pctVal>0.9036</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>RBC Bearings Inc</name>
        <lei>N/A</lei>
        <title>COMMON STOCK</title>
        <cusip>75524B104</cusip>
        <identifiers>
          <isin value="US75524B1044"/>
        </identifiers>
        <balance>395</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>227488.4</valUSD>
        <pctVal>2.293</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>Fabrinet</name>
        <lei>5493004TETZ6IYF7CV44</lei>
        <title>COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3323L1005"/>
        </identifiers>
        <balance>218</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>118947.34</valUSD>
        <pctVal>1.1989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Landstar System Inc</name>
        <lei>254900CUQXQRL09MEI52</lei>
        <title>COMMON STOCK</title>
        <cusip>515098101</cusip>
        <identifiers>
          <isin value="US5150981018"/>
        </identifiers>
        <balance>907</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>147795.65</valUSD>
        <pctVal>1.4897</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>EPAM Systems Inc</name>
        <lei>549300XCR4R530HJP604</lei>
        <title>COMMON STOCK</title>
        <cusip>29414B104</cusip>
        <identifiers>
          <isin value="US29414B1044"/>
        </identifiers>
        <balance>698</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>98418</valUSD>
        <pctVal>0.992</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>ExlService Holdings Inc</name>
        <lei>81E3DTNF6OSH489ZOV15</lei>
        <title>COMMON STOCK</title>
        <cusip>302081104</cusip>
        <identifiers>
          <isin value="US3020811044"/>
        </identifiers>
        <balance>3378</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>105562.5</valUSD>
        <pctVal>1.064</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>Maximus Inc</name>
        <lei>549300DQCDS8HJ7QF202</lei>
        <title>COMMON STOCK</title>
        <cusip>577933104</cusip>
        <identifiers>
          <isin value="US5779331041"/>
        </identifiers>
        <balance>967</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>73114.87</valUSD>
        <pctVal>0.737</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>Qualys Inc</name>
        <lei>549300EMBXYOW9W1XA17</lei>
        <title>COMMON STOCK</title>
        <cusip>74758T303</cusip>
        <identifiers>
          <isin value="US74758T3032"/>
        </identifiers>
        <balance>580</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>53632.6</valUSD>
        <pctVal>0.5406</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>Diodes Inc</name>
        <lei>549300XP2X1ARVH3BX23</lei>
        <title>COMMON STOCK</title>
        <cusip>254543101</cusip>
        <identifiers>
          <isin value="US2545431015"/>
        </identifiers>
        <balance>2674</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>182447.02</valUSD>
        <pctVal>1.839</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>Kulicke &amp; Soffa Industries Inc</name>
        <lei>529900H6BEIRBF429744</lei>
        <title>COMMON STOCK</title>
        <cusip>501242101</cusip>
        <identifiers>
          <isin value="US5012421013"/>
        </identifiers>
        <balance>2116</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>147527.52</valUSD>
        <pctVal>1.487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MACOM Technology Solutions Holdings Inc</name>
        <lei>N/A</lei>
        <title>COMMON STOCK</title>
        <cusip>55405Y100</cusip>
        <identifiers>
          <isin value="US55405Y1001"/>
        </identifiers>
        <balance>626</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>155323.12</valUSD>
        <pctVal>1.5656</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>Onto Innovation Inc</name>
        <lei>254900RXZVN73CHOO062</lei>
        <title>COMMON STOCK</title>
        <cusip>683344105</cusip>
        <identifiers>
          <isin value="US6833441057"/>
        </identifiers>
        <balance>988</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>213299.32</valUSD>
        <pctVal>2.15</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>Ultra Clean Holdings Inc</name>
        <lei>5493007L6LS7QX18PE75</lei>
        <title>COMMON STOCK</title>
        <cusip>90385V107</cusip>
        <identifiers>
          <isin value="US90385V1070"/>
        </identifiers>
        <balance>2278</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>138229.04</valUSD>
        <pctVal>1.3933</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>Vishay Precision Group Inc</name>
        <lei>N/A</lei>
        <title>COMMON STOCK</title>
        <cusip>92835K103</cusip>
        <identifiers>
          <isin value="US92835K1034"/>
        </identifiers>
        <balance>1486</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>68460.02</valUSD>
        <pctVal>0.69</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>ACI Worldwide Inc</name>
        <lei>5493003BPVMZUJ6F5C02</lei>
        <title>COMMON STOCK</title>
        <cusip>004498101</cusip>
        <identifiers>
          <isin value="US0044981019"/>
        </identifiers>
        <balance>2989</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>118603.52</valUSD>
        <pctVal>1.1955</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>BlackLine Inc</name>
        <lei>529900P9N7PK9LV5EK56</lei>
        <title>COMMON STOCK</title>
        <cusip>09239B109</cusip>
        <identifiers>
          <isin value="US09239B1098"/>
        </identifiers>
        <balance>1001</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35285.25</valUSD>
        <pctVal>0.3557</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>Consensus Cloud Solutions Inc</name>
        <lei>N/A</lei>
        <title>COMMON STOCK</title>
        <cusip>20848V105</cusip>
        <identifiers>
          <isin value="US20848V1052"/>
        </identifiers>
        <balance>2138</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64311.04</valUSD>
        <pctVal>0.6482</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>Donnelley Financial Solutions Inc</name>
        <lei>549300O1NPY4J56QCU04</lei>
        <title>COMMON STOCK</title>
        <cusip>25787G100</cusip>
        <identifiers>
          <isin value="US25787G1004"/>
        </identifiers>
        <balance>1850</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>92056</valUSD>
        <pctVal>0.9279</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>LiveRamp Holdings Inc</name>
        <lei>254900GXS75LG1X7RF88</lei>
        <title>COMMON STOCK</title>
        <cusip>53815P108</cusip>
        <identifiers>
          <isin value="US53815P1084"/>
        </identifiers>
        <balance>3182</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>86454.94</valUSD>
        <pctVal>0.8714</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>PDF Solutions Inc</name>
        <lei>549300GMSP6MROFBI160</lei>
        <title>COMMON STOCK</title>
        <cusip>693282105</cusip>
        <identifiers>
          <isin value="US6932821050"/>
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        <balance>2890</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>97624.2</valUSD>
        <pctVal>0.984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>California Water Service Group</name>
        <lei>529900QABDOBU6UVRQ36</lei>
        <title>COMMON STOCK</title>
        <cusip>130788102</cusip>
        <identifiers>
          <isin value="US1307881029"/>
        </identifiers>
        <balance>1262</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>56890.96</valUSD>
        <pctVal>0.5734</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>
    <signature>
      <ncom:dateSigned>2026-04-24</ncom:dateSigned>
      <ncom:nameOfApplicant>360 Funds</ncom:nameOfApplicant>
      <ncom:signature>/s/ Larry E. Beaver, Jr.</ncom:signature>
      <ncom:signerName>Larry E. Beaver, Jr.</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>