Unified Series Trust NPORT-P Auer Growth (Feb 2024 report)

Auer

Growth

Fund

Schedule

of

Investments

February

29,

2024

(Unaudited)

COMMON

STOCKS

—

79.90%

Shares

Fair

Value

Communication

Services

—

2.18%

Gravity

Company

Ltd.

-

ADR

(a)

15,500‌

$

1,194,585‌

Consumer

Discretionary

—

6.68%

Crown

Crafts,

Inc.

ARS

46,000‌

253,000‌

Forestar

Group,

Inc.

(a)

34,000‌

1,146,480‌

General

Motors

Co.

28,000‌

1,147,440‌

LGI

Homes,

Inc.

(a)

9,000‌

1,026,810‌

Sadot

Group,

Inc.

(a)

300,000‌

105,000‌

3,678,730‌

Energy

—

15.16%

Borr

Drilling

Ltd

(a)

75,000‌

451,500‌

CNX

Resources

Corp.

(a)

25,000‌

523,750‌

Dorian

LPT

Ltd.

29,000‌

1,048,350‌

Geospace

Technologies

Corp.

(a)

45,000‌

554,400‌

Hallador

Energy

Co.

(a)

53,000‌

402,800‌

International

Seaways,

Inc.

12,000‌

635,160‌

Obsidian

Energy

Ltd.

(a)

70,000‌

497,700‌

Peabody

Energy

Corp.

22,000‌

544,940‌

Precision

Drilling

Corp.

(a)

17,000‌

1,011,330‌

Ring

Energy,

Inc.

(a)

400,000‌

572,000‌

Seadrill

Ltd.

(a)

11,000‌

464,200‌

Tidewater,

Inc.

(a)

16,000‌

1,120,480‌

VAALCO

Energy,

Inc.

120,000‌

535,200‌

8,361,810‌

Financials

—

18.33%

AG

Mortgage

Investment

Trust,

Inc.

45,000‌

273,600‌

Banco

Latinoamericano

de

Comercio

Exterior,

S.A.,

Class

E

15,500‌

433,535‌

Customers

Bancorp,

Inc.

(a)

10,000‌

543,100‌

Enstar

Group

Ltd.

(a)

1,800‌

554,292‌

Federal

Agricultural

Mortgage

Corp.,

Class

C,

C

1,600‌

286,192‌

Fidelis

Insurance

Holdings

Ltd.

43,000‌

643,280‌

FS

Bancorp,

Inc.

7,000‌

233,590‌

Greenlight

Capital

Re,

Ltd.,

Class

A

(a)

46,000‌

580,980‌

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc.

20,000‌

503,400‌

HomeTrust

Bancshares,

Inc.

10,000‌

262,500‌

Merchants

Bancorp

7,000‌

300,020‌

Metropolitan

Bank

Holding

Corp.

(a)

5,000‌

196,050‌

MFA

Financial,

Inc.

25,000‌

280,500‌

MVB

Financial

Corp.

12,000‌

256,920‌

NewtekOne,

Inc.

18,000‌

207,720‌

Northeast

Community

Bancorp,

Inc.

17,000‌

265,030‌

OptimumBank

Holdings,

Inc.

(a)

67,000‌

282,740‌

Primis

Financial

Corp

22,500‌

277,875‌

RenaissanceRe

Holdings

Ltd.

2,500‌

562,050‌

Siebert

Financial

Corp.

(a)

60,000‌

101,400‌

Auer

Growth

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

COMMON

STOCKS

—

79.90%

-

(continued)

Shares

Fair

Value

Financials

—

18.33%

-

(continued)

SiriusPoint

Ltd.

(a)

43,000‌

$

527,610‌

VersaBank

47,000‌

559,300‌

Wells

Fargo

&

Co.

20,000‌

1,111,800‌

Westwood

Holdings

Group,

Inc.

20,000‌

242,400‌

White

Mountains

Insurance

Group

Ltd.

350‌

617,904‌

10,103,788‌

Health

Care

—

12.89%

Alkermes

PLC

(a)

35,000‌

1,039,150‌

Amylyx

Pharmaceuticals,

Inc.

(a)

65,000‌

1,225,250‌

ANI

Pharmaceuticals,

Inc.

(a)

19,000‌

1,285,730‌

Catalyst

Pharmaceuticals,

Inc.

(a)

67,000‌

1,074,010‌

Harmony

Biosciences

Holdings,

Inc.

(a)

30,000‌

963,000‌

Protalix

Biotherapeutics,

Inc.

(a)

120,000‌

195,600‌

Semler

Scientific,

Inc.

(a)

16,000‌

754,720‌

United

Therapeutics

Corp.

(a)

2,500‌

564,100‌

7,101,560‌

Industrials

—

12.76%

Argan,

Inc.

11,500‌

538,890‌

Broadwind

Energy,

Inc.

(a)

207,000‌

513,360‌

Costamare,

Inc.

93,000‌

1,057,410‌

Emeren

Group

Ltd.

-

ADR

(a)

53,000‌

118,190‌

Energy

Recovery,

Inc.

(a)

18,000‌

281,340‌

Euroseas

Ltd.

37,500‌

1,458,750‌

Great

Lakes

Dredge

&

Dock

Corp.

(a)

56,000‌

500,640‌

Miller

Industries,

Inc.

12,200‌

549,122‌

Optex

Systems

Holdings,

Inc.

(a)

50,000‌

319,500‌

TAT

Technologies

Ltd.

(a)

25,000‌

341,000‌

Titan

Machinery,

Inc.

(a)

10,000‌

252,300‌

VirTra,

Inc.

(a)

59,000‌

574,070‌

Willis

Lease

Finance

Corp.

(a)

11,000‌

527,120‌

7,031,692‌

Information

Technology

—

2.03%

Frequency

Electronics,

Inc.

(a)

21,000‌

225,330‌

Gorilla

Technology

Group,

Inc.

(a)

1,000,000‌

890,700‌

1,116,030‌

Materials

—

8.26%

B2Gold

Corp.

300,000‌

720,000‌

Centerra

Gold,

Inc.

90,000‌

451,800‌

Eldorado

Gold

Corp.

(a)

52,000‌

540,280‌

Fortuna

Silver

Mines,

Inc.

(a)

360,000‌

975,600‌

Hudbay

Minerals,

Inc.

100,000‌

589,000‌

MAG

Silver

Corp.

(a)

26,000‌

216,320‌

Ternium

SA

-

ADR

13,500‌

547,290‌

TRX

Gold

Corp.

(a)

570,000‌

185,535‌

Auer

Growth

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

COMMON

STOCKS

—

79.90%

-

(continued)

Shares

Fair

Value

Materials

—

8.26%

-

(continued)

Universal

Stainless

&

Alloy

Products,

Inc.

(a)

16,000‌

$

326,240‌

4,552,065‌

Real

Estate

—

0.47%

Five

Point

Holdings

LLC

(a)

80,000‌

261,600‌

Technology

—

1.14%

Canadian

Solar,

Inc.

(a)

15,000‌

316,350‌

Valero

Energy

Corp.

2,200‌

311,212‌

627,562‌

Total

Common

Stocks

(Cost $42,020,185)

44,029,422‌

MONEY

MARKET

FUNDS

—

14.32%

Shares

Fair

Value

Fidelity

Investments

Money

Market

Government

Portfolio,

Class

I,

5.20%

(b)

7,892,878‌

7,892,878‌

Total

Money

Market

Funds

(Cost

$7,892,878)

7,892,878‌

Total

Investments

—

94.22%

    (Cost

$49,913,063)

51,922,300‌

Other

Assets

in

Excess

of

Liabilities — 5.78%

3,186,295‌

NET

ASSETS

—

100.00%

$

55,108,595‌

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

February

29,

2024.

ADR

-

American

Depositary

Receipt