Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	LEGENCE CORP.	247,765	$10.66M	1.7%	$43.04	—	COM	52476l109
—	PENNANT GROUP, INC.	331,669	$9.336M	1.5%	$28.15	—	COM	70805e109
—	DIGITALOCEAN HOLDINGS INC	148,083	$7.126M	1.1%	$48.12	—	COM	25402d102
AORT	ARTIVION INC	140,873	$6.425M	1.0%	$44.54	0.0%	COM	228903100
IWO	Russell 2000 Growth Index iSha	14,242	$4.6M	0.7%	$323.01	—	COM	464287648

Increased Positions (12)

— E. L. F. BEAUTY, INC. 1.5%

Value $9.428M (-29.9%) Shares 123,988 (+22.2%) Est. Cost $101.96 Unrealized —

— NOVANTA, INC. 1.4%

Value $8.766M (+75.2%) Shares 73,673 (+47.5%) Est. Cost $138.96 Unrealized —

CHEF CHEF'S WAREHOUSE, INC. 1.7%

Value $11.09M (+49.3%) Shares 177,976 (+39.7%) Est. Cost $62.70 Unrealized -4.1%

— GRID DYNAMICS 1.3%

Value $8.342M (+49.3%) Shares 923,757 (+27.5%) Est. Cost $11.98 Unrealized —

BWMN BOWMAN CONSULTING GROUP 2.1%

Value $13.18M (-14.2%) Shares 399,094 (+10.1%) Est. Cost $29.67 Unrealized +27.8%

— WORKIVA, INC. 1.4%

Value $9.099M (+19.8%) Shares 105,500 (+19.6%) Est. Cost $75.87 Unrealized —

— SITEONE LANDSCAPE SUPPLY 1.4%

Value $9.148M (+18.1%) Shares 73,442 (+22.1%) Est. Cost $155.62 Unrealized —

LFUS LITTELFUSE, INC. 2.8%

Value $17.88M (+6.2%) Shares 70,714 (+8.7%) Est. Cost $233.20 Unrealized +9.2%

— BIOLIFE SOLUTIONS, INC. 0.9%

Value $5.774M (+17.7%) Shares 238,802 (+24.2%) Est. Cost $25.25 Unrealized —

DSGX DESCARTES SYSTEMS GROUP 2.5%

Value $15.69M (-5.1%) Shares 179,044 (+2.0%) Est. Cost $46.06 Unrealized +94.0%

DT DYNATRACE, INC. 0.1%

Value $457K (+8.5%) Shares 10,534 (+21.2%) Est. Cost $48.02 Unrealized -2.9%

MEG MONTROSE ENVIRONMENTAL GROUP 2.5%

Value $15.61M (+0.0%) Shares 628,786 (+10.6%) Est. Cost $28.88 Unrealized -8.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	E. L. F. BEAUTY, INC.	123,988 (+22.2%)	$9.428M (-29.9%)	1.5%	$101.96	—	COM	26856l103
—	NOVANTA, INC.	73,673 (+47.5%)	$8.766M (+75.2%)	1.4%	$138.96	—	COM	67000b104
CHEF	CHEF'S WAREHOUSE, INC.	177,976 (+39.7%)	$11.09M (+49.3%)	1.7%	$62.70	-4.1%	COM	163086101
—	GRID DYNAMICS	923,757 (+27.5%)	$8.342M (+49.3%)	1.3%	$11.98	—	COM	39813g109
BWMN	BOWMAN CONSULTING GROUP	399,094 (+10.1%)	$13.18M (-14.2%)	2.1%	$29.67	+27.8%	COM	103002101
—	WORKIVA, INC.	105,500 (+19.6%)	$9.099M (+19.8%)	1.4%	$75.87	—	COM	98139a105
—	SITEONE LANDSCAPE SUPPLY	73,442 (+22.1%)	$9.148M (+18.1%)	1.4%	$155.62	—	COM	82982l103
LFUS	LITTELFUSE, INC.	70,714 (+8.7%)	$17.88M (+6.2%)	2.8%	$233.20	+9.2%	COM	537008104
—	BIOLIFE SOLUTIONS, INC.	238,802 (+24.2%)	$5.774M (+17.7%)	0.9%	$25.25	—	COM	09062w204
DSGX	DESCARTES SYSTEMS GROUP	179,044 (+2.0%)	$15.69M (-5.1%)	2.5%	$46.06	+94.0%	COM	249906108
DT	DYNATRACE, INC.	10,534 (+21.2%)	$457K (+8.5%)	0.1%	$48.02	-2.9%	COM	268150109
MEG	MONTROSE ENVIRONMENTAL GROUP	628,786 (+10.6%)	$15.61M (+0.0%)	2.5%	$28.88	-8.5%	COM	615111101

Exited Positions (7)

— WNS HOLDINGS LTD 2.2%

Value $13.96M Shares 182,995 Est. Cost $50.29 Unrealized —

IPAR INTERPARFUMS, INC. 1.5%

Value $9.682M Shares 98,413 Est. Cost $120.20 Unrealized -26.8%

— TREX COMPANY 1.2%

Value $7.742M Shares 149,835 Est. Cost $79.34 Unrealized —

— BOX, INC. 1.0%

Value $6.426M Shares 199,117 Est. Cost $27.17 Unrealized —

— VERTEX, INC. 0.7%

Value $4.705M Shares 189,789 Est. Cost $35.19 Unrealized —

— MISTER CAR WASH, INC. 0.4%

Value $2.834M Shares 531,732 Est. Cost $8.64 Unrealized —

— POOL CORPORATION 0.0%

Value $244K Shares 788 Est. Cost $415.90 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	WNS HOLDINGS LTD	182,995	$13.96M	2.2%	$50.29	—	—	g98196101
IPAR	INTERPARFUMS, INC.	98,413	$9.682M	1.5%	$120.20	-26.8%	—	458334109
—	TREX COMPANY	149,835	$7.742M	1.2%	$79.34	—	—	89531p105
—	BOX, INC.	199,117	$6.426M	1.0%	$27.17	—	—	10316t104
—	VERTEX, INC.	189,789	$4.705M	0.7%	$35.19	—	—	92538j106
—	MISTER CAR WASH, INC.	531,732	$2.834M	0.4%	$8.64	—	—	60646v105
—	POOL CORPORATION	788	$244K	0.0%	$415.90	—	—	73278l105

Decreased Positions (38)

— MEDPACE HOLDINGS, INC. 1.6%

Value $10.27M (-41.6%) Shares 18,288 (-46.6%) Est. Cost $309.33 Unrealized —

— FIRSTSERVICE CORP 2.3%

Value $14.65M (-22.3%) Shares 94,202 (-4.9%) Est. Cost $163.72 Unrealized —

— CONSTRUCTION PARTNERS, INC. 2.6%

Value $16.76M (-17.9%) Shares 154,426 (-3.9%) Est. Cost $46.22 Unrealized —

— CCC INTELLIGENT SOLUTIONS 2.2%

Value $14.09M (-19.4%) Shares 1,772,645 (-7.6%) Est. Cost $11.38 Unrealized —

— PURE STORAGE 1.7%

Value $10.58M (-23.0%) Shares 157,918 (-3.7%) Est. Cost $36.53 Unrealized —

— ZETA GLOBAL 2.1%

Value $13.2M (-18.2%) Shares 648,403 (-20.2%) Est. Cost $10.01 Unrealized —

DORM DORMAN PRODUCTS, INC. 1.4%

Value $9.128M (-24.2%) Shares 74,097 (-4.1%) Est. Cost $76.02 Unrealized +77.6%

ADUS ADDUS HOMECARE 3.0%

Value $19.04M (-12.7%) Shares 177,296 (-4.1%) Est. Cost $86.59 Unrealized +32.6%

— SPS COMMERCE 1.8%

Value $11.42M (-18.7%) Shares 128,100 (-5.0%) Est. Cost $185.33 Unrealized —

OLLI OLLIE'S BARGAIN OUTLET 1.7%

Value $10.79M (-18.0%) Shares 98,459 (-4.0%) Est. Cost $59.75 Unrealized +101.8%

— REMITLY GLOBAL, INC. 1.6%

Value $10.19M (-17.3%) Shares 738,577 (-2.4%) Est. Cost $12.90 Unrealized —

CWAN CLEARWATER ANALYTICS HOLDINGS, 1.4%

Value $8.735M (+27.8%) Shares 362,151 (-4.5%) Est. Cost $19.84 Unrealized +1.0%

BOOT BOOT BARN HOLDINGS 2.3%

Value $14.74M (-11.4%) Shares 83,534 (-16.8%) Est. Cost $74.95 Unrealized +148.9%

— DOLBY LABORATORIES 1.2%

Value $7.311M (-19.2%) Shares 113,846 (-8.9%) Est. Cost $74.44 Unrealized —

CBZ CBIZ, INC. 2.1%

Value $13.33M (-11.5%) Shares 264,180 (-7.1%) Est. Cost $69.40 Unrealized -24.2%

— VERACYTE, INC. 1.6%

Value $10.04M (+17.9%) Shares 238,517 (-3.9%) Est. Cost $34.33 Unrealized —

— VERICEL CORPORATION 2.4%

Value $15.23M (-9.0%) Shares 422,931 (-20.4%) Est. Cost $35.41 Unrealized —

LMAT LEMAITRE VASCULAR, INC. 1.9%

Value $12.16M (-10.8%) Shares 149,996 (-3.8%) Est. Cost $40.78 Unrealized +110.8%

— FIVE BELOW, INC. 2.6%

Value $16.44M (-7.6%) Shares 87,267 (-24.1%) Est. Cost $175.14 Unrealized —

— VERRA MOBILITY CORP 1.1%

Value $7.256M (-15.7%) Shares 323,763 (-7.1%) Est. Cost $27.21 Unrealized —

— HEALTHEQUITY 2.7%

Value $16.93M (-7.2%) Shares 184,841 (-4.0%) Est. Cost $70.22 Unrealized —

— OPTION CARE HEALTH, INC. 2.3%

Value $14.77M (+9.5%) Shares 463,516 (-4.5%) Est. Cost $33.78 Unrealized —

EXLS EXLSERVICE HOLDINGS, INC. 2.4%

Value $15.35M (-7.5%) Shares 361,612 (-4.1%) Est. Cost $27.67 Unrealized +47.8%

ALRM ALARM.COM 1.7%

Value $11.01M (-10.0%) Shares 215,766 (-6.3%) Est. Cost $57.64 Unrealized -11.6%

— BALDWIN INSURANCE GROUP INC 0.6%

Value $3.568M (-24.9%) Shares 148,465 (-11.9%) Est. Cost $44.69 Unrealized —

FIVN FIVE9, INC. 0.6%

Value $3.54M (-24.1%) Shares 176,540 (-8.4%) Est. Cost $61.83 Unrealized -65.7%

— Q2 HOLDINGS, INC. 2.1%

Value $13.64M (-5.0%) Shares 189,042 (-4.7%) Est. Cost $49.09 Unrealized —

— AGILYSYS, INC. 1.5%

Value $9.249M (+8.4%) Shares 77,826 (-4.0%) Est. Cost $72.54 Unrealized —

— DOUBLEVERIFY 0.7%

Value $4.395M (-13.7%) Shares 384,186 (-9.7%) Est. Cost $21.82 Unrealized —

— GLOBAL-E ONLINE 1.8%

Value $11.46M (+5.0%) Shares 291,573 (-4.5%) Est. Cost $35.50 Unrealized —

— VITA COCO CO, INC. 2.1%

Value $13.14M (+2.6%) Shares 247,920 (-17.8%) Est. Cost $26.62 Unrealized —

— AMERIS BANCORP 2.4%

Value $15.37M (-1.9%) Shares 206,888 (-3.2%) Est. Cost $53.05 Unrealized —

— BIO-TECHNE CORP. 2.6%

Value $16.62M (-1.6%) Shares 282,580 (-7.0%) Est. Cost $74.59 Unrealized —

— QUALYS, INC. 0.7%

Value $4.597M (-3.8%) Shares 34,590 (-4.2%) Est. Cost $196.28 Unrealized —

MPWR MONOLITHIC POWER SYSTEMS INC. 0.0%

Value $214K (-36.3%) Shares 236 (-35.3%) Est. Cost $716.72 Unrealized +34.0%

— WILLDAN GROUP, INC. 2.8%

Value $17.54M (-0.6%) Shares 169,188 (-7.3%) Est. Cost $22.22 Unrealized —

PEGA PEGASYSTEMS, INC. 2.7%

Value $17.38M (-0.3%) Shares 291,042 (-4.0%) Est. Cost $41.11 Unrealized +42.5%

FICO FAIR ISAAC CORPORATION 0.0%

Value $313K (-11.1%) Shares 185 (-21.3%) Est. Cost $427.73 Unrealized +302.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	MEDPACE HOLDINGS, INC.	18,288 (-46.6%)	$10.27M (-41.6%)	1.6%	$309.33	—	COM	58506q109
—	FIRSTSERVICE CORP	94,202 (-4.9%)	$14.65M (-22.3%)	2.3%	$163.72	—	COM	33767e202
—	CONSTRUCTION PARTNERS, INC.	154,426 (-3.9%)	$16.76M (-17.9%)	2.6%	$46.22	—	COM	21044c107
—	CCC INTELLIGENT SOLUTIONS	1,772,645 (-7.6%)	$14.09M (-19.4%)	2.2%	$11.38	—	COM	12510q100
—	PURE STORAGE	157,918 (-3.7%)	$10.58M (-23.0%)	1.7%	$36.53	—	COM	74624m102
—	ZETA GLOBAL	648,403 (-20.2%)	$13.2M (-18.2%)	2.1%	$10.01	—	COM	98956a105
DORM	DORMAN PRODUCTS, INC.	74,097 (-4.1%)	$9.128M (-24.2%)	1.4%	$76.02	+77.6%	COM	258278100
ADUS	ADDUS HOMECARE	177,296 (-4.1%)	$19.04M (-12.7%)	3.0%	$86.59	+32.6%	COM	006739106
—	SPS COMMERCE	128,100 (-5.0%)	$11.42M (-18.7%)	1.8%	$185.33	—	COM	78463m107
OLLI	OLLIE'S BARGAIN OUTLET	98,459 (-4.0%)	$10.79M (-18.0%)	1.7%	$59.75	+101.8%	COM	681116109
—	REMITLY GLOBAL, INC.	738,577 (-2.4%)	$10.19M (-17.3%)	1.6%	$12.90	—	COM	75960p104
CWAN	CLEARWATER ANALYTICS HOLDINGS,	362,151 (-4.5%)	$8.735M (+27.8%)	1.4%	$19.84	+1.0%	COM	185123106
BOOT	BOOT BARN HOLDINGS	83,534 (-16.8%)	$14.74M (-11.4%)	2.3%	$74.95	+148.9%	COM	099406100
—	DOLBY LABORATORIES	113,846 (-8.9%)	$7.311M (-19.2%)	1.2%	$74.44	—	COM	25659t107
CBZ	CBIZ, INC.	264,180 (-7.1%)	$13.33M (-11.5%)	2.1%	$69.40	-24.2%	COM	124805102
—	VERACYTE, INC.	238,517 (-3.9%)	$10.04M (+17.9%)	1.6%	$34.33	—	COM	92337f107
—	VERICEL CORPORATION	422,931 (-20.4%)	$15.23M (-9.0%)	2.4%	$35.41	—	COM	92346j108
LMAT	LEMAITRE VASCULAR, INC.	149,996 (-3.8%)	$12.16M (-10.8%)	1.9%	$40.78	+110.8%	COM	525558201
—	FIVE BELOW, INC.	87,267 (-24.1%)	$16.44M (-7.6%)	2.6%	$175.14	—	COM	33829m101
—	VERRA MOBILITY CORP	323,763 (-7.1%)	$7.256M (-15.7%)	1.1%	$27.21	—	COM	92511u102
—	HEALTHEQUITY	184,841 (-4.0%)	$16.93M (-7.2%)	2.7%	$70.22	—	COM	42226a107
—	OPTION CARE HEALTH, INC.	463,516 (-4.5%)	$14.77M (+9.5%)	2.3%	$33.78	—	COM	68404l201
EXLS	EXLSERVICE HOLDINGS, INC.	361,612 (-4.1%)	$15.35M (-7.5%)	2.4%	$27.67	+47.8%	COM	302081104
ALRM	ALARM.COM	215,766 (-6.3%)	$11.01M (-10.0%)	1.7%	$57.64	-11.6%	COM	011642105
—	BALDWIN INSURANCE GROUP INC	148,465 (-11.9%)	$3.568M (-24.9%)	0.6%	$44.69	—	COM	05589g102
FIVN	FIVE9, INC.	176,540 (-8.4%)	$3.54M (-24.1%)	0.6%	$61.83	-65.7%	COM	338307101
—	Q2 HOLDINGS, INC.	189,042 (-4.7%)	$13.64M (-5.0%)	2.1%	$49.09	—	COM	74736l109
—	AGILYSYS, INC.	77,826 (-4.0%)	$9.249M (+8.4%)	1.5%	$72.54	—	COM	00847j105
—	DOUBLEVERIFY	384,186 (-9.7%)	$4.395M (-13.7%)	0.7%	$21.82	—	COM	25862v105
—	GLOBAL-E ONLINE	291,573 (-4.5%)	$11.46M (+5.0%)	1.8%	$35.50	—	COM	m5216v106
—	VITA COCO CO, INC.	247,920 (-17.8%)	$13.14M (+2.6%)	2.1%	$26.62	—	COM	92846q107
—	AMERIS BANCORP	206,888 (-3.2%)	$15.37M (-1.9%)	2.4%	$53.05	—	COM	03076k108
—	BIO-TECHNE CORP.	282,580 (-7.0%)	$16.62M (-1.6%)	2.6%	$74.59	—	COM	09073m104
—	QUALYS, INC.	34,590 (-4.2%)	$4.597M (-3.8%)	0.7%	$196.28	—	COM	74758t303
MPWR	MONOLITHIC POWER SYSTEMS INC.	236 (-35.3%)	$214K (-36.3%)	0.0%	$716.72	+34.0%	COM	609839105
—	WILLDAN GROUP, INC.	169,188 (-7.3%)	$17.54M (-0.6%)	2.8%	$22.22	—	COM	96924n100
PEGA	PEGASYSTEMS, INC.	291,042 (-4.0%)	$17.38M (-0.3%)	2.7%	$41.11	+42.5%	COM	705573103
FICO	FAIR ISAAC CORPORATION	185 (-21.3%)	$313K (-11.1%)	0.0%	$427.73	+302.4%	COM	303250104

Unchanged Positions (12)

— PAYLOCITY HOLDINGS 2.3%

Value $14.66M Shares 96,138 Est. Cost $164.27 Unrealized —

CWST CASELLA WASTE SYSTEMS, INC. 3.2%

Value $20.6M Shares 210,295 Est. Cost $104.32 Unrealized -11.0%

JKHY JACK HENRY & ASSOCIATES 0.1%

Value $437K Shares 2,395 Est. Cost $156.25 Unrealized +6.4%

— monday.com 0.0%

Value $229K Shares 1,552 Est. Cost $263.35 Unrealized —

NICE NICE LTD SPONSORED ADR 0.0%

Value $227K Shares 2,008 Est. Cost $221.81 Unrealized —

GDDY GODADDY INC. 0.1%

Value $454K Shares 3,658 Est. Cost $74.11 Unrealized +74.6%

TYL TYLER TECHNOLOGY INC. 0.0%

Value $236K Shares 520 Est. Cost $326.52 Unrealized +45.9%

TRMB TRIMBLE INC. 0.1%

Value $537K Shares 6,855 Est. Cost $62.33 Unrealized +27.8%

— ADVANCED DRAINAGE SYSTEMS 0.0%

Value $314K Shares 2,170 Est. Cost $141.00 Unrealized —

WST WEST PHARMACEUTICAL SVCS 0.0%

Value $266K Shares 966 Est. Cost $239.72 Unrealized +14.1%

— ICON PLC 0.0%

Value $302K Shares 1,655 Est. Cost $116.06 Unrealized —

TW TRADEWEB MARKETS INC 0.0%

Value $232K Shares 2,154 Est. Cost $63.83 Unrealized +68.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	PAYLOCITY HOLDINGS	96,138	$14.66M	2.3%	$164.27	—	COM	70438v106
CWST	CASELLA WASTE SYSTEMS, INC.	210,295	$20.6M	3.2%	$104.32	-11.0%	COM	147448104
JKHY	JACK HENRY & ASSOCIATES	2,395	$437K	0.1%	$156.25	+6.4%	COM	426281101
—	monday.com	1,552	$229K	0.0%	$263.35	—	COM	m7s64h106
NICE	NICE LTD SPONSORED ADR	2,008	$227K	0.0%	$221.81	—	COM	653656108
GDDY	GODADDY INC.	3,658	$454K	0.1%	$74.11	+74.6%	COM	380237107
TYL	TYLER TECHNOLOGY INC.	520	$236K	0.0%	$326.52	+45.9%	COM	902252105
TRMB	TRIMBLE INC.	6,855	$537K	0.1%	$62.33	+27.8%	COM	896239100
—	ADVANCED DRAINAGE SYSTEMS	2,170	$314K	0.0%	$141.00	—	COM	00790r104
WST	WEST PHARMACEUTICAL SVCS	966	$266K	0.0%	$239.72	+14.1%	COM	955306105
—	ICON PLC	1,655	$302K	0.0%	$116.06	—	COM	g4705a100
TW	TRADEWEB MARKETS INC	2,154	$232K	0.0%	$63.83	+68.2%	COM	892672106