Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BLFS	BIOLIFE SOLUTIONS INC	309,618	$8.744M	3.1%	$28.24	—	COM NEW	09062W204
ATS	ATS CORPORATION	246,909	$7.106M	2.5%	$28.78	—	COM	00217Y104
OMCL	OMNICELL COM	167,773	$6.966M	2.5%	$41.52	—	COM	68213N109
PRSU	PURSUIT ATTRACTIONS AND HOSP	122,525	$6.858M	2.5%	$55.97	—	COM	92552R406
CYRX	CRYOPORT INC	404,778	$6.355M	2.3%	$15.70	—	COM PAR $0.001	229050307
TKR	TIMKEN CO	42,931	$6.239M	2.2%	$145.32	—	COM	887389104
NAVN	NAVAN INC	265,887	$6.081M	2.2%	$22.87	—	CL A	639193101
LKQ	LKQ CORP	221,780	$5.839M	2.1%	$26.33	—	COM	501889208
AADX	APPLIED AEROSPACE & DEFENSE	256,240	$5.837M	2.1%	$22.78	—	COMMON STOCK	03815J107
MAMA	MAMAS CREATIONS INC	298,280	$5.324M	1.9%	$17.85	—	COM	56146T103
BIRK	BIRKENSTOCK HOLDING PLC	119,258	$5.132M	1.8%	$43.03	—	COM SHS	M2029K104
LPTH	LIGHTPATH TECHNOLOGIES INC	312,510	$5.11M	1.8%	$16.35	—	COM CL A	532257805
CELH	CELSIUS HLDGS INC	164,889	$4.828M	1.7%	$29.28	—	COM NEW	15118V207
HXL	HEXCEL CORP NEW	48,200	$4.823M	1.7%	$100.06	—	COM	428291108
ISSC	INNOVATIVE SOLUTIONS & SUPPO	264,509	$4.761M	1.7%	$18.00	—	COM	45769N105
EPAC	ENERPAC TOOL GROUP CORP	129,503	$4.644M	1.7%	$35.86	—	CL A COM	292765104
XPEL	XPEL INC	93,575	$4.641M	1.7%	$49.60	—	COM	98379L100
PRLB	PROTO LABS INC	55,415	$4.517M	1.6%	$81.51	—	COM	743713109
ACVA	ACV AUCTIONS INC	625,761	$4.499M	1.6%	$7.19	—	COM CL A	00091G104
BOOT	BOOT BARN HLDGS INC	27,046	$4.443M	1.6%	$164.27	—	COM	099406100
LFUS	LITTELFUSE INC	9,724	$4.428M	1.6%	$455.33	—	COM	537008104
ATR	APTARGROUP INC	34,847	$4.363M	1.6%	$125.20	—	COM	038336103
REZI	RESIDEO TECHNOLOGIES INC	134,503	$4.183M	1.5%	$31.10	—	COM	76118Y104
BWMN	BOWMAN CONSULTING GROUP LTD	133,949	$3.911M	1.4%	$29.20	—	COM	103002101
DOCN	DIGITALOCEAN HLDGS INC	24,690	$3.877M	1.4%	$157.03	—	COM	25402D102
AWI	ARMSTRONG WORLD INDS INC NEW	23,203	$3.722M	1.3%	$160.42	—	COM	04247X102
VSH	VISHAY INTERTECHNOLOGY INC	58,199	$3.13M	1.1%	$53.78	—	COM	928298108
CSW	CSW INDUSTRIALS INC	11,012	$3.065M	1.1%	$278.30	—	COM	126402106

Increased Positions (12)

FLYW FLYWIRE CORPORATION 2.3%

Value $6.491M (+141.7%) Shares 369,457 (+60.2%) Est. Cost $14.50 Unrealized —

JBTM JBT MAREL CORPORATION 2.1%

Value $5.8M (+145.7%) Shares 40,002 (+116.7%) Est. Cost $151.75 Unrealized —

SXT SENSIENT TECHNOLOGIES CORP 3.7%

Value $10.39M (+44.5%) Shares 84,299 (+1.3%) Est. Cost $91.38 Unrealized —

DORM DORMAN PRODS INC 2.7%

Value $7.598M (+70.1%) Shares 55,682 (+30.1%) Est. Cost $128.79 Unrealized —

AGYS AGILYSYS INC 2.9%

Value $8.055M (+49.9%) Shares 77,079 (+2.0%) Est. Cost $93.83 Unrealized —

AIN ALBANY INTL CORP 2.1%

Value $5.738M (+62.8%) Shares 77,024 (+14.1%) Est. Cost $59.16 Unrealized —

STVN STEVANATO GROUP S P A 2.6%

Value $7.171M (+35.3%) Shares 396,822 (+3.0%) Est. Cost $20.39 Unrealized —

SWIM LATHAM GROUP INC 1.9%

Value $5.258M (+48.1%) Shares 812,601 (+22.9%) Est. Cost $5.60 Unrealized —

NEOG NEOGEN CORP 2.2%

Value $6.177M (+33.4%) Shares 687,112 (+37.9%) Est. Cost $9.74 Unrealized —

CLBT CELLEBRITE DI LTD 2.0%

Value $5.602M (+34.1%) Shares 383,672 (+26.5%) Est. Cost $16.17 Unrealized —

CWST CASELLA WASTE SYS INC 2.2%

Value $6.258M (+25.7%) Shares 64,536 (+2.8%) Est. Cost $101.57 Unrealized —

KIDS ORTHOPEDIATRICS CORP 2.1%

Value $5.865M (+27.4%) Shares 306,564 (+5.7%) Est. Cost $17.61 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FLYW	FLYWIRE CORPORATION	369,457 (+60.2%)	$6.491M (+141.7%)	2.3%	$14.50	—	COM VTG	302492103
JBTM	JBT MAREL CORPORATION	40,002 (+116.7%)	$5.8M (+145.7%)	2.1%	$151.75	—	COM	477839104
SXT	SENSIENT TECHNOLOGIES CORP	84,299 (+1.3%)	$10.39M (+44.5%)	3.7%	$91.38	—	COM	81725T100
DORM	DORMAN PRODS INC	55,682 (+30.1%)	$7.598M (+70.1%)	2.7%	$128.79	—	COM	258278100
AGYS	AGILYSYS INC	77,079 (+2.0%)	$8.055M (+49.9%)	2.9%	$93.83	—	COM	00847J105
AIN	ALBANY INTL CORP	77,024 (+14.1%)	$5.738M (+62.8%)	2.1%	$59.16	—	CL A	012348108
STVN	STEVANATO GROUP S P A	396,822 (+3.0%)	$7.171M (+35.3%)	2.6%	$20.39	—	ORD SHS	T9224W109
SWIM	LATHAM GROUP INC	812,601 (+22.9%)	$5.258M (+48.1%)	1.9%	$5.60	—	COM	51819L107
NEOG	NEOGEN CORP	687,112 (+37.9%)	$6.177M (+33.4%)	2.2%	$9.74	—	COM	640491106
CLBT	CELLEBRITE DI LTD	383,672 (+26.5%)	$5.602M (+34.1%)	2.0%	$16.17	—	ORDINARY SHARES	M2197Q107
CWST	CASELLA WASTE SYS INC	64,536 (+2.8%)	$6.258M (+25.7%)	2.2%	$101.57	—	CL A	147448104
KIDS	ORTHOPEDIATRICS CORP	306,564 (+5.7%)	$5.865M (+27.4%)	2.1%	$17.61	—	COM	68752L100

Exited Positions (21)

YSS YORK SPACE SYSTEMS INC 3.0%

Value $8.489M Shares 382,906 Est. Cost $22.17 Unrealized —

SARO STANDARDAERO INC 2.7%

Value $7.604M Shares 294,397 Est. Cost $28.02 Unrealized —

RGEN REPLIGEN CORP 2.3%

Value $6.428M Shares 54,555 Est. Cost $152.40 Unrealized —

MLAB MESA LABS INC 2.3%

Value $6.376M Shares 72,115 Est. Cost $75.40 Unrealized —

TRNS TRANSCAT INC 2.2%

Value $6.242M Shares 84,982 Est. Cost $67.29 Unrealized —

RVTY REVVITY INC 2.0%

Value $5.608M Shares 64,013 Est. Cost $96.39 Unrealized —

SRAD SPORTRADAR GROUP AG 2.0%

Value $5.581M Shares 333,382 Est. Cost $16.74 Unrealized —

FPS FORGENT POWER SOLUTIONS INC 1.9%

Value $5.411M Shares 184,863 Est. Cost $29.27 Unrealized —

ALGM ALLEGRO MICROSYSTEMS INC 1.9%

Value $5.36M Shares 169,993 Est. Cost $35.79 Unrealized —

LOAR LOAR HOLDINGS INC 1.9%

Value $5.292M Shares 92,379 Est. Cost $68.91 Unrealized —

ESAB ESAB CORPORATION 1.8%

Value $5.019M Shares 51,928 Est. Cost $123.42 Unrealized —

FROG JFROG LTD 1.6%

Value $4.503M Shares 95,944 Est. Cost $52.97 Unrealized —

CCC CCC INTELLIGENT SOLUTIONS HL 1.6%

Value $4.469M Shares 744,898 Est. Cost $8.63 Unrealized —

PCOR PROCORE TECHNOLOGIES INC 1.5%

Value $4.147M Shares 72,754 Est. Cost $66.60 Unrealized —

NPKI NPK INTERNATIONAL INC 1.4%

Value $3.911M Shares 269,935 Est. Cost $5.85 Unrealized —

MEC MAYVILLE ENGR CO INC 1.4%

Value $3.781M Shares 210,657 Est. Cost $16.24 Unrealized —

PUMP PROPETRO HLDG CORP 1.3%

Value $3.505M Shares 243,257 Est. Cost $10.86 Unrealized —

LASR NLIGHT INC 1.3%

Value $3.5M Shares 61,389 Est. Cost $14.49 Unrealized —

TTAN SERVICETITAN INC 1.2%

Value $3.409M Shares 53,720 Est. Cost $80.77 Unrealized —

ALKT ALKAMI TECHNOLOGY INC 0.9%

Value $2.524M Shares 161,101 Est. Cost $19.43 Unrealized —

MC MOELIS & CO 0.8%

Value $2.335M Shares 40,967 Est. Cost $70.34 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
YSS	YORK SPACE SYSTEMS INC	382,906	$8.489M	3.0%	$22.17	—	—	987084100
SARO	STANDARDAERO INC	294,397	$7.604M	2.7%	$28.02	—	—	85423L103
RGEN	REPLIGEN CORP	54,555	$6.428M	2.3%	$152.40	—	—	759916109
MLAB	MESA LABS INC	72,115	$6.376M	2.3%	$75.40	—	—	59064R109
TRNS	TRANSCAT INC	84,982	$6.242M	2.2%	$67.29	—	—	893529107
RVTY	REVVITY INC	64,013	$5.608M	2.0%	$96.39	—	—	714046109
SRAD	SPORTRADAR GROUP AG	333,382	$5.581M	2.0%	$16.74	—	—	H8088L103
FPS	FORGENT POWER SOLUTIONS INC	184,863	$5.411M	1.9%	$29.27	—	—	34631F102
ALGM	ALLEGRO MICROSYSTEMS INC	169,993	$5.36M	1.9%	$35.79	—	—	01749D105
LOAR	LOAR HOLDINGS INC	92,379	$5.292M	1.9%	$68.91	—	—	53947R105
ESAB	ESAB CORPORATION	51,928	$5.019M	1.8%	$123.42	—	—	29605J106
FROG	JFROG LTD	95,944	$4.503M	1.6%	$52.97	—	—	M6191J100
CCC	CCC INTELLIGENT SOLUTIONS HL	744,898	$4.469M	1.6%	$8.63	—	—	12510Q100
PCOR	PROCORE TECHNOLOGIES INC	72,754	$4.147M	1.5%	$66.60	—	—	74275K108
NPKI	NPK INTERNATIONAL INC	269,935	$3.911M	1.4%	$5.85	—	—	651718504
MEC	MAYVILLE ENGR CO INC	210,657	$3.781M	1.4%	$16.24	—	—	578605107
PUMP	PROPETRO HLDG CORP	243,257	$3.505M	1.3%	$10.86	—	—	74347M108
LASR	NLIGHT INC	61,389	$3.5M	1.3%	$14.49	—	—	65487K100
TTAN	SERVICETITAN INC	53,720	$3.409M	1.2%	$80.77	—	—	81764X103
ALKT	ALKAMI TECHNOLOGY INC	161,101	$2.524M	0.9%	$19.43	—	—	01644J108
MC	MOELIS & CO	40,967	$2.335M	0.8%	$70.34	—	—	60786M105

Decreased Positions (9)

TKNO ALPHA TEKNOVA INC 3.2%

Value $8.971M (+64.9%) Shares 1,579,404 (-16.1%) Est. Cost $4.15 Unrealized —

VPG VISHAY PRECISION GROUP INC 1.6%

Value $4.335M (-38.0%) Shares 28,920 (-82.0%) Est. Cost $46.22 Unrealized —

PDFS PDF SOLUTIONS INC 1.4%

Value $3.791M (-36.3%) Shares 53,546 (-70.6%) Est. Cost $22.20 Unrealized —

RRX REGAL REXNORD CORPORATION 1.8%

Value $4.915M (-30.4%) Shares 20,636 (-45.3%) Est. Cost $149.54 Unrealized —

AMBQ AMBIQ MICRO INC 1.7%

Value $4.703M (+47.1%) Shares 53,257 (-57.7%) Est. Cost $31.50 Unrealized —

XMTR XOMETRY INC 1.9%

Value $5.312M (-21.6%) Shares 55,034 (-66.8%) Est. Cost $58.03 Unrealized —

PKE PARK AEROSPACE CORP 2.3%

Value $6.448M (-14.3%) Shares 168,978 (-38.5%) Est. Cost $14.38 Unrealized —

RAL RALLIANT CORP 2.7%

Value $7.493M (+16.5%) Shares 101,759 (-34.2%) Est. Cost $44.59 Unrealized —

WAY WAYSTAR HLDG CORP 1.4%

Value $3.926M (-18.6%) Shares 191,234 (-4.5%) Est. Cost $27.49 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TKNO	ALPHA TEKNOVA INC	1,579,404 (-16.1%)	$8.971M (+64.9%)	3.2%	$4.15	—	COM	02080L102
VPG	VISHAY PRECISION GROUP INC	28,920 (-82.0%)	$4.335M (-38.0%)	1.6%	$46.22	—	COM	92835K103
PDFS	PDF SOLUTIONS INC	53,546 (-70.6%)	$3.791M (-36.3%)	1.4%	$22.20	—	COM	693282105
RRX	REGAL REXNORD CORPORATION	20,636 (-45.3%)	$4.915M (-30.4%)	1.8%	$149.54	—	COM	758750103
AMBQ	AMBIQ MICRO INC	53,257 (-57.7%)	$4.703M (+47.1%)	1.7%	$31.50	—	COMMON STOCK	023193105
XMTR	XOMETRY INC	55,034 (-66.8%)	$5.312M (-21.6%)	1.9%	$58.03	—	CLASS A COM	98423F109
PKE	PARK AEROSPACE CORP	168,978 (-38.5%)	$6.448M (-14.3%)	2.3%	$14.38	—	COM	70014A104
RAL	RALLIANT CORP	101,759 (-34.2%)	$7.493M (+16.5%)	2.7%	$44.59	—	COM	750940108
WAY	WAYSTAR HLDG CORP	191,234 (-4.5%)	$3.926M (-18.6%)	1.4%	$27.49	—	COM	946784105

Unchanged Positions (1)

SI SHOULDER INNOVATIONS INC 1.9%

Value $5.177M Shares 255,288 Est. Cost $13.69 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SI	SHOULDER INNOVATIONS INC	255,288	$5.177M	1.9%	$13.69	—	COMMON STOCK	82537J108