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Schedule of Investments |
September 30, 2020 (unaudited) |
Manor Growth Fund |
| | | | | | | |
| | | | | Shares or Principal | | |
Security Description | | | Amount ($) | | Fair Value ($)(1) |
| | | | | |
Common Stocks - 99.17% |
| | | | | | | |
Air Transportation, Scheduled - 1.57% | | | | | |
Southwest Airlines Co. (2) | | | 5,194 | | 194,775 |
| | | | | | | |
Cable & Other Pay Television Services - 4.55% | | | | | |
Charter Communications, Inc. Class A (2) | | | 906 | | 565,652 |
| | | | | | | |
Electronic Computers - 11.23% | | | | | |
Apple, Inc. | | | | | 12,048 | | 1,395,279 |
| | | | | | | |
Fire, Marine & Casualty Insurance - 1.93% | | | | | |
Chubb Ltd. | | | | | 2,067 | | 240,020 |
| | | | | | | |
Hospital & Medical Service Plans - 3.64% | | | | | |
UnitedHealth Group, Inc. | | | | 1,453 | | 453,002 |
| | | | | | | |
Measuring & Controlling Device - 4.11% | | | | | |
Thermo Fisher Scientific, Inc. | | | 1,156 | | 510,397 |
| | | | | | | |
Pharmaceutical Preparations - 13.92% | | | | | |
Eli Lilly & Co. | | | | 3,544 | | 524,583 |
AbbVie, Inc. | | | | | 3,055 | | 267,587 |
Regeneron Pharmaceuticals, Inc. (2) | | | 672 | | 376,172 |
Alexion Pharmaceuticals, Inc. (2) | | | 1,952 | | 223,367 |
Bristol-Myers Squibb Co. | | | 5,612 | | 338,347 |
| | | | | | | |
| | | | | | | 1,730,056 |
| | | | | | | |
Radio & TV Broadcasting & Communication Equipment - 3.78% | | | | | |
Qualcomm, Inc. | | | | 3,991 | | 469,661 |
| | | | | | | |
Retail-Building Materials, Hardware, Garden Supply - 4.49% | | | | | |
Sherwin Williams Co. | | | | 801 | | 558,089 |
| | | | | | | |
Retail-Catalog & Mail-Order Houses - 8.26% | | | | | |
Amazon.com, Inc. (2) | | | | 326 | | 1,026,486 |
| | | | | | | |
Retail-Drug Stores & Proprietary Stores - 2.88% | | | | | |
CVS Health Corp. | | | | 6,139 | | 358,518 |
| | | | | | | |
Retail-Drug Stores & Proprietary Stores - 2.16% | | | | | |
Dollar Tree, Inc. (2) | | | | 2,935 | | 268,083 |
| | | | | | | |
Semiconductors & Related Devices - 3.08% | | | | | |
On Semiconductor Corp. (2) | | | 17,660 | | 383,045 |
| | | | | | | |
Services-Business Services, NEC - 11.08% | | | | | |
Akamai Technologies, Inc. (2) | | | 4,221 | | 466,589 |
Fidelity National Information Services, Inc. | | | 3,511 | | 516,854 |
MasterCard, Inc. Class A | | | | 1,164 | | 393,630 |
| | | | | | | |
| | | | | | | 1,377,073 |
Services-Computer Programming Services - 2.42% | | | | | |
Cognizant Technology Solutions Corp. | | | 4,326 | | 300,311 |
| | | | | | | |
Services-Computer Programming, Data Processing, Etc. - 4.98% | | | | | |
Alphabet, Inc. Class A (2) | | | | 211 | | 309,242 |
Alphabet, Inc. Class C (2) | | | | 211 | | 310,086 |
| | | | | | | |
| | | | | | | 619,328 |
| | | | | | | |
Services-Equipment Rental & Leasing - 2.69% | | | | | |
United Rentals, Inc. (2) | | | | 1,919 | | 334,866 |
| | | | | | | |
Services-Prepackaged Software - 8.02% | | | | | |
Microsoft Corp. | | | | 2,926 | | 615,426 |
Activision Blizzard, Inc. (2) | | | 4,714 | | 381,598 |
| | | | | | | |
| | | | | | | 997,024 |
Trucking (No Local) - 2.75% | | | | | |
Landstar System, Inc. | | | | 2,719 | | 341,207 |
| | | | | | | |
Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies - 1.63% | | | | |
LKQ Corp. (2) | | | | 7,310 | | 202,706 |
| | | | | | | |
| | | | | | | |
Total Common Stock | | | | (Cost $ 6,053,920) | | 12,325,578 |
| | | | | | | |
Money Market Registered Investment Companies - 0.97% |
| | | |
First American Government Obligation Fund Class Z - 0.05% (3) | 121,123 | | 121,123 |
| | | |
Total Money Market Registered Investment Companies | (Cost $ 121,123) | | 121,123 |
| | | |
Total Investments - 100.14% | (Cost $ 6,174,643) | | 12,446,701 |
| | | |
Liabilities in Excess of Other Assets - -0.14% | | | (17,684) |
| | | |
Total Net Assets - 100.00% | | | 12,429,017 |
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(1) Statement on Financial Accounting Standard No. 157 "Fair Value Measurements" - Various inputs are used in determining the value of the Fund's investments. |
These inputs are summarized in the three broad levels listed below. |
• Level 1 - quoted prices in active markets for identical securities |
• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) |
• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) |
|
The following is a summary of the inputs used as of September 30, 2020 in valuing the Fund's assets carried at fair value: |
| | | | | | | |
| | | | | | | |
| | | | | Investments in | | Other Financial |
Valuation Inputs | | | | Securities | | Instruments |
Level 1 - Quoted Prices | | | $ | 12,446,701 | $ | - |
Level 2 - Other Significant Observable Inputs | | | - | | - |
Level 3 - Significant Unobservable Inputs | | | - | | - |
Total | | | | $ | 12,446,701 | $ | 0 |
| | | | | | | |
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, such securities are reflected as Level 2. |
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(2) Represents non-income producing securities. |
(3) Investment in affiliate. The yield shown represents the 7-day yield in effect at September 30, 2020. |
