The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMETEK INC. COM 031100100 BBG000B9XG87 96,916,747 598,695 SH   DFND   0 598,695 0
API GROUP CORP COM 00187Y100 BBG00HXKRGY9 63,140,457 2,316,231 SH   DFND   0 2,060,413 255,818
ADVANCED ENERGY INDUSTRIES, IN COM 007973100 BBG000FKMP26 54,562,799 489,572 SH   DFND   0 435,558 54,014
AGILYSYS INC. COM 00847J105 BBG000BR74W6 52,055,958 758,391 SH   DFND   0 674,686 83,705
AMPHENOL CORP. CL A COM 032095101 BBG000B9YJ35 85,718,797 1,009,050 SH   DFND   0 1,009,050 0
ANALOG DEVICES INC COM 032654105 BBG000BB6G37 55,574,423 285,275 SH   DFND   0 285,275 0
AVID BIOSERVICES INC. COM 05368M106 BBG000JDWKY3 30,096,689 2,154,380 SH   DFND   0 1,915,963 238,417
BWX TECHNOLOGIES COM 05605H100 BBG000D86F25 197,634,114 2,761,410 SH   DFND   0 2,686,410 75,000
BIO TECHNE CORP COM 09073M104 BBG000C15114 10,384,316 127,212 SH   DFND   0 127,212 0
BRINK'S CO, THE COM 109696104 BBG000DR5QP5 25,604,672 377,483 SH   DFND   0 335,837 41,646
BRIXMOR PROPERTY GROUP, INC. COM 11120U105 BBG001LFLZZ1 69,903,284 3,177,422 SH   DFND   0 2,826,997 350,425
BROWN & BROWN INC. COM 115236101 BBG000BWSGF4 33,826,875 491,384 SH   DFND   0 491,384 0
CACI INTERNATIONAL COM 127190304 BBG000KQY8Y7 125,274,719 367,547 SH   DFND   0 326,941 40,606
CAE INC. COM 124765108 BBG000KPFXB0 67,005,071 2,993,971 SH   DFND   0 2,663,302 330,669
CABOT CORP. COM 127055101 BBG000BF3WW4 116,444,988 1,740,843 SH   DFND   0 1,594,532 146,311
CHARLES RIVER LABORATORIES COM 159864107 BBG000BG5BL8 32,666,122 155,368 SH   DFND   0 155,368 0
CHARLES SCHWAB CORP COM 808513105 BBG000BSLZY7 41,498,035 732,146 SH   DFND   0 732,146 0
CLEAN HARBORS INC. COM 184496107 BBG000BFRRX8 298,111,426 1,812,999 SH   DFND   0 1,708,985 104,014
COGNEX CORP COM 192422103 BBG000BPBVW5 36,948,887 659,566 SH   DFND   0 586,787 72,779
COHERENT CORP COM 19247G107 BBG000BLW102 59,448,849 1,166,121 SH   DFND   0 1,073,895 92,226
COPART INC. COM 217204106 BBG000BM9RH1 62,452,946 684,716 SH   DFND   0 684,716 0
DOLBY LABORATORIES INC. CL A COM 25659T107 BBG000DGLTG5 18,270,608 218,339 SH   DFND   0 218,339 0
DORMAN PRODUCTS INC. COM 258278100 BBG000BM22F5 25,544,073 324,040 SH   DFND   0 288,320 35,720
ENTEGRIS INC. COM 29362U104 BBG000CTV4N4 223,521,945 2,016,982 SH   DFND   0 1,895,070 121,912
FMC CORP COM 302491303 BBG000BJP882 91,313,568 875,154 SH   DFND   0 875,154 0
FTI CONSULTING COM 302941109 BBG000K88H58 46,778,739 245,945 SH   DFND   0 218,806 27,139
FIRST AMERICAN FINANCIAL COM 31847R102 BBG000V78V75 17,602,986 308,716 SH   DFND   0 308,716 0
GLACIER BANCORP INC. COM 37637Q105 BBG000C3KB84 26,436,430 848,137 SH   DFND   0 754,525 93,612
GRACO INC. COM 384109104 BBG000BK9W84 89,288,059 1,034,025 SH   DFND   0 944,894 89,131
HEICO CORP - CLASS A COM 422806208 BBG000F0CD91 98,053,456 697,393 SH   DFND   0 660,667 36,726
HALOZYME THERAPEUTICS INC. COM 40637H109 BBG000CZ8W54 155,949,078 4,323,512 SH   DFND   0 4,048,863 274,649
HELEN OF TROY LTD. COM G4388N106 BBG000BL21Z7 57,073,015 528,356 SH   DFND   0 481,150 47,206
HENRY SCHEIN, INC. COM 806407102 BBG000BNMMJ3 79,404,848 979,098 SH   DFND   0 979,098 0
HEXCEL CORP COM 428291108 BBG000BLMDQ9 16,492,387 216,948 SH   DFND   0 216,948 0
HOSTESS BRANDS INC. COM 44109J106 BBG00B6KGNN1 80,366,845 3,174,046 SH   DFND   0 2,823,896 350,150
HUNTINGTON BANCSHARES INC. COM 446150104 BBG000BKWSR6 23,461,775 2,176,417 SH   DFND   0 2,176,417 0
IDEX CORP. COM 45167R104 BBG000C1HN22 104,164,745 483,902 SH   DFND   0 439,930 43,972
IQVIA HOLDINGS INC. COM 46266C105 BBG00333FYS2 33,829,009 150,505 SH   DFND   0 150,505 0
INGEVITY CORP COM 45688C107 BBG009LM28K6 26,505,024 455,726 SH   DFND   0 405,449 50,277
INGREDION INC. COM 457187102 BBG000BXPZB7 155,012,372 1,463,071 SH   DFND   0 1,378,073 84,998
KBR, INC. COM 48242W106 BBG000P28YZ6 194,123,426 2,983,760 SH   DFND   0 2,726,838 256,922
KEYSIGHT TECHNOLOGIES COM 49338L103 BBG0059FN811 19,943,797 119,103 SH   DFND   0 119,103 0
LKQ CORP COM 501889208 BBG000PXDL44 37,251,953 639,299 SH   DFND   0 639,299 0
MARKEL GROUP INC. COM 570535104 BBG000FC7366 13,137,444 9,498 SH   DFND   0 9,498 0
MASTERCARD, INC. CL-A COM 57636Q104 BBG000F1ZSQ2 41,397,185 105,256 SH   DFND   0 105,256 0
MCGRATH RENTCORP COM 580589109 BBG000BP02D2 47,222,045 510,619 SH   DFND   0 454,067 56,552
MERCURY SYSTEMS INC. COM 589378108 BBG000BX5GS3 30,512,600 882,122 SH   DFND   0 784,802 97,320
MID-AMERICA APARTMENT COMMUNIT COM 59522J103 BBG000BLMY92 8,071,207 53,149 SH   DFND   0 53,149 0
MINERALS TECHNOLOGIES INC COM 603158106 BBG000BB61F7 38,114,341 660,675 SH   DFND   0 587,600 73,075
NNN REIT, INC. COM 637417106 BBG000CLP0Y4 25,144,987 587,637 SH   DFND   0 587,637 0
NELNET INC. CL A COM 64031N108 BBG000PYJY93 27,668,341 286,778 SH   DFND   0 255,139 31,639
OPENLANE, INC. COM 48238T109 BBG000VZHLL9 85,420,956 5,612,415 SH   DFND   0 5,173,280 439,135
PDF SOLUTIONS, INC. COM 693282105 BBG000CYCKR4 53,863,787 1,194,319 SH   DFND   0 1,062,499 131,820
PACIFIC PREMIER BANCORP INC COM 69478X105 BBG000BNS256 20,135,764 973,683 SH   DFND   0 866,247 107,436
POWER INTEGRATIONS INC. COM 739276103 BBG000BTT3D1 93,828,573 991,112 SH   DFND   0 881,679 109,433
PROSPERITY BANCSHARES, INC. COM 743606105 BBG000BHY4D9 60,905,490 1,078,355 SH   DFND   0 987,662 90,693
R1 RCM INC. COM 77634L105 BBG018CZLZ09 76,635,322 4,153,676 SH   DFND   0 3,695,044 458,632
RBC BEARINGS INC. COM 75524B104 BBG000GMGNB3 93,590,824 430,362 SH   DFND   0 394,761 35,601
RLI CORP. COM 749607107 BBG000BS7ZF4 51,867,198 380,063 SH   DFND   0 338,150 41,913
SS&C TECHNOLOGIES HOLDINGS COM 78467J100 BBG000RJ2J04 73,171,591 1,207,452 SH   DFND   0 1,207,452 0
STERIS PLC COM G8473T100 BBG00MRHG523 25,715,889 114,303 SH   DFND   0 114,303 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 BBG000J79P80 42,804,825 601,783 SH   DFND   0 535,298 66,485
SIMPSON MANUFACTURING COM 829073105 BBG000JLC8L8 46,632,119 336,694 SH   DFND   0 299,555 37,139
SYNOPSYS INC. COM 871607107 BBG000BSFRF3 65,050,254 149,400 SH   DFND   0 149,400 0
UGI CORP. COM 902681105 BBG000BVYN55 99,687,350 3,696,231 SH   DFND   0 3,453,480 242,751
UNITED COMMUNITY BANKS, INC. O COM 90984P303 BBG000BL7GB5 57,943,288 2,318,659 SH   DFND   0 2,062,871 255,788
VALVOLINE INC. COM 92047W101 BBG003DNHV56 34,101,391 909,128 SH   DFND   0 808,716 100,412
VISA INC-CLASS A SHARES COM 92826C839 BBG000PSKYX7 37,107,675 156,256 SH   DFND   0 156,256 0
WASTE CONNECTIONS INC. COM 94106B101 BBG000FLHZZ2 116,064,163 812,035 SH   DFND   0 812,035 0
WOODWARD INC. COM 980745103 BBG000BD53V2 95,169,737 800,351 SH   DFND   0 729,343 71,008