Paradigm Select Fund | |||||||||
Schedule of Investments | |||||||||
March 31, 2024 (Unaudited) | |||||||||
Shares | Fair Value | % of Net Assets | |||||||
COMMON STOCKS | |||||||||
Aircraft Parts & Auxiliary Equipment, NEC | |||||||||
30,000 | Ducommun Incorporated * | $ 1,539,000 | 1.23% | ||||||
Communications Equipment, NEC | |||||||||
24,600 | Lumentum Holdings Inc. * | 1,164,810 | 0.93% | ||||||
Communications Services, NEC | |||||||||
30,000 | Calix, Inc. * | 994,800 | 0.79% | ||||||
Electrical Work | |||||||||
26,150 | EMCOR Group Inc. | 9,157,730 | 7.32% | ||||||
Electromedical & Electrotherapeutic Apparatus | |||||||||
10,200 | Masimo Corporation * | 1,497,870 | 1.20% | ||||||
Fire, Marine & Casualty Insurance | |||||||||
6,450 | American Financial Group Inc. | 880,296 | 0.70% | ||||||
General Industrial Machinery & Equipment | |||||||||
86,100 | Zurn Elkay Water Solutions Corp. | 2,881,767 | 2.30% | ||||||
In Vitro & In Vivo Diagnostic Substances | |||||||||
205,100 | Neogen Corporation * | 3,236,478 | 2.59% | ||||||
Industrial Organic Chemicals | |||||||||
27,100 | Sensient Technologies Corporation | 1,875,049 | 1.50% | ||||||
Instruments For Measurement & Testing of Electricity & Electric Signals | |||||||||
33,650 | Teradyne, Inc. | 3,796,730 | 3.03% | ||||||
Laboratory Analytical Instruments | |||||||||
34,350 | Revvity, Inc. | 3,606,750 | 2.88% | ||||||
Measuring & Controlling Devices, NEC | |||||||||
12,000 | Onto Innovation Inc. * | 2,172,960 | 1.74% | ||||||
Miscellaneous Manufacturing Industries | |||||||||
16,600 | Hillenbrand, Inc. | 834,814 | 0.67% | ||||||
Motors & Generators | |||||||||
12,200 | Regal Rexnord Corp. | 2,197,220 | 1.75% | ||||||
Plastics Products | |||||||||
10,000 | Entegris, Inc. | 1,405,400 | 1.12% | ||||||
Printed Circuit Boards | |||||||||
21,400 | Jabil, Inc. | 2,866,530 | 2.29% | ||||||
Radio & Tv Broadcasting & Communications Equipment | |||||||||
40,000 | Aviat Networks, Inc. * | 1,533,600 | 1.22% | ||||||
Retail - Catalog & Mail-Order Houses | |||||||||
10,000 | Insight Enterprises, Inc. * | 1,855,200 | 1.48% | ||||||
Retail - Family Clothing Stores | |||||||||
62,000 | American Eagle Outfitters, Inc. | 1,598,980 | 1.28% | ||||||
Retail - Lumber & Other Building Materials Dealers | |||||||||
42,700 | Builders FirstSource, Inc. * | 8,905,085 | 7.11% | ||||||
Retail - Radio, TV & Consumer Electronics Stores | |||||||||
41,900 | Best Buy Co., Inc. | 3,437,057 | 2.75% | ||||||
Retail - Retail Stores, NEC | |||||||||
19,625 | IAC Inc. * | 1,046,798 | 0.84% | ||||||
Search, Detection, Navigation, Guidance, Aeronautical Systems | |||||||||
19,075 | Garmin Ltd. (Switzerland) | 2,839,695 | 2.27% | ||||||
Semiconductors & Related Devices | |||||||||
80,175 | Kulicke & Soffa Industries Inc. (Singapore) | 4,033,604 | |||||||
75,700 | Marvell Technology, Inc. | 5,365,616 | |||||||
12,800 | Qorvo, Inc. * | 1,469,824 | |||||||
60,000 | Semtech Corporation * | 1,649,400 | |||||||
25,000 | Skyworks Solutions, Inc. | 2,708,000 | |||||||
15,226,444 | 12.17% | ||||||||
Services - Business Services, NEC | |||||||||
44,000 | Concentrix Corporation | 2,913,680 | 2.33% | ||||||
Services-Computer Integrated Systems Design | |||||||||
50,000 | Veradigm, Inc. * | 385,000 | 0.31% | ||||||
Services - Help Supply Services | |||||||||
77,625 | Kelly Services, Inc. - Class A | 1,943,730 | |||||||
68,325 | Kforce Inc. | 4,818,279 | |||||||
6,762,009 | 5.40% | ||||||||
Services - Management Services | |||||||||
120,000 | R1 RCM Inc. * | 1,545,600 | 1.23% | ||||||
Services - Medical Laboratories | |||||||||
68,800 | Natera, Inc. * | 6,292,448 | 5.03% | ||||||
Services - Prepackaged Software | |||||||||
50,000 | Cerence, Inc. * | 787,500 | |||||||
11,100 | Consensus Cloud Solutions Inc. * | 176,046 | |||||||
32,100 | Progress Software Corporation | 1,711,251 | |||||||
2,674,797 | 2.14% | ||||||||
Services - Skilled Nursing Care Facilities | |||||||||
14,000 | The Ensign Group, Inc. | 1,741,880 | 1.39% | ||||||
Special Industry Machinery, NEC | |||||||||
10,000 | Axcelis Technologies Inc. * | 1,115,200 | 0.89% | ||||||
Steel Pipe & Tubes | |||||||||
18,000 | ATI, Inc. * | 921,060 | 0.74% | ||||||
Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) | |||||||||
15,600 | Carpenter Technology Corporation | 1,114,152 | 0.89% | ||||||
Surgical & Medical Instruments & Apparatus | |||||||||
106,200 | Globus Medical, Inc. - Class A * | 5,696,568 | |||||||
60,000 | Tactile Systems Technology * | 975,000 | |||||||
6,671,568 | 5.32% | ||||||||
Title Insurance | |||||||||
5,900 | Fidelity National Financial, Inc. | 313,290 | 0.25% | ||||||
Wholesale - Computers & Peripheral Equipment & Software | |||||||||
18,000 | TD SYNNEX Corporation | 2,035,800 | 1.63% | ||||||
Wholesale - Electrical Apparatus & Equipment, Wiring Supplies | |||||||||
18,000 | EnerSys | 1,700,280 | 1.36% | ||||||
Wholesale - Lumber & Other Construction Materials | |||||||||
42,000 | Boise Cascade Company | 6,441,540 | 5.15% | ||||||
Total for Common Stocks (Cost $74,132,567) | 119,179,367 | 95.22% | |||||||
REAL ESTATE INVESTMENT TRUSTS | |||||||||
10,350 | Mid-America Apartment Communities Inc. | 1,361,853 | 1.09% | ||||||
Total for Real Estate Investment Trusts (Cost $1,225,246) | |||||||||
MONEY MARKET FUNDS | |||||||||
3,751,073 | SEI Daily Income Trust Government Fund Institutional 4.99% ** | 3,751,073 | 3.00% | ||||||
Total for Money Market Funds (Cost $3,751,073) | |||||||||
Total Investment Securities | 124,292,292 | 99.31% | |||||||
(Cost $79,108,886) | |||||||||
Other Assets in Excess of Liabilities | 863,297 | 0.69% | |||||||
Net Assets | $125,155,589 | 100.00% | |||||||
* Non-Income Producing Securities. | |||||||||
** The rate shown represents the 7-day yield at March 31, 2024. |