GARDNER LEWIS INVESTMENT TRUST
NSAR-A, EX-27, 2000-10-27
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<TABLE> <S> <C>

<ARTICLE>                       6
<CIK>                           0000893759
<NAME>                          Gardner Lewis Investment Trust
<SERIES>
   <NUMBER>                     5
   <NAME>                       Chesapeake Growth Fund Super-Inst.
<MULTIPLIER>                    1
<CURRENCY>                      U.S. Dollars

<S>                                           <C>
<PERIOD-TYPE>                                               6-MOS
<FISCAL-YEAR-END>                                     Feb-28-2001
<PERIOD-END>                                          Aug-31-2000
<EXCHANGE-RATE>                                                 1
<INVESTMENTS-AT-COST>                                 227,138,837
<INVESTMENTS-AT-VALUE>                                367,498,057
<RECEIVABLES>                                           9,760,029
<ASSETS-OTHER>                                                  0
<OTHER-ITEMS-ASSETS>                                            0
<TOTAL-ASSETS>                                        377,258,086
<PAYABLE-FOR-SECURITIES>                                9,030,355
<SENIOR-LONG-TERM-DEBT>                                         0
<OTHER-ITEMS-LIABILITIES>                                  87,627
<TOTAL-LIABILITIES>                                     9,117,982
<SENIOR-EQUITY>                                                 0
<PAID-IN-CAPITAL-COMMON>                              115,877,149
<SHARES-COMMON-STOCK>                                   6,137,668
<SHARES-COMMON-PRIOR>                                   7,172,151
<ACCUMULATED-NII-CURRENT>                              (1,709,457)
<OVERDISTRIBUTION-NII>                                          0
<ACCUMULATED-NET-GAINS>                               113,613,192
<OVERDISTRIBUTION-GAINS>                                        0
<ACCUM-APPREC-OR-DEPREC>                              140,359,220
<NET-ASSETS>                                          368,140,104
<DIVIDEND-INCOME>                                         200,282
<INTEREST-INCOME>                                               0
<OTHER-INCOME>                                                  0
<EXPENSES-NET>                                          1,909,739
<NET-INVESTMENT-INCOME>                                (1,709,457)
<REALIZED-GAINS-CURRENT>                               57,146,359
<APPREC-INCREASE-CURRENT>                             (41,563,147)
<NET-CHANGE-FROM-OPS>                                  13,873,755
<EQUALIZATION>                                                  0
<DISTRIBUTIONS-OF-INCOME>                                       0
<DISTRIBUTIONS-OF-GAINS>                                        0
<DISTRIBUTIONS-OTHER>                                           0
<NUMBER-OF-SHARES-SOLD>                                         0
<NUMBER-OF-SHARES-REDEEMED>                             1,034,483
<SHARES-REINVESTED>                                             0
<NET-CHANGE-IN-ASSETS>                                (36,087,708)
<ACCUMULATED-NII-PRIOR>                                         0
<ACCUMULATED-GAINS-PRIOR>                              56,466,833
<OVERDISTRIB-NII-PRIOR>                                         0
<OVERDIST-NET-GAINS-PRIOR>                                      0
<GROSS-ADVISORY-FEES>                                   1,677,468
<INTEREST-EXPENSE>                                              0
<GROSS-EXPENSE>                                         1,935,696
<AVERAGE-NET-ASSETS>                                  339,581,213
<PER-SHARE-NAV-BEGIN>                                        33.3
<PER-SHARE-NII>                                             (0.15)
<PER-SHARE-GAIN-APPREC>                                      2.13
<PER-SHARE-DIVIDEND>                                            0
<PER-SHARE-DISTRIBUTIONS>                                       0
<RETURNS-OF-CAPITAL>                                            0
<PER-SHARE-NAV-END>                                         35.28
<EXPENSE-RATIO>                                              1.04


</TABLE>


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