Shares
Market
Value
COMMON
STOCKS
(Continued)
Financial
Services
(Continued)
27,000
Commerzbank
AG
....................................
$
410,169
4,296
Credit
Agricole
SA
....................................
58,614
42,100
Daiwa
Securities
Group
Inc.
......................
321,068
507
Diamond
Hill
Investment
Group
Inc.
..........
71,360
3,100
First
American
Financial
Corp.
...................
167,245
100
First
Citizens
BancShares
Inc.
,
Cl. A
..........
168,361
2,150
Flushing
Financial
Corp.
............................
28,273
18,200
ING
Groep
NV
..........................................
311,120
795
Intercontinental
Exchange
Inc.
..................
108,827
1,900
Janus
Henderson
Group
plc
......................
64,049
490
KKR
&
Co.
Inc.
.........................................
51,568
3,250
Moelis
&
Co.
,
Cl. A
...................................
184,795
875
Morgan
Stanley
........................................
85,041
20,400
NatWest
Group
plc
...................................
80,406
3,026
NN
Group
NV
...........................................
140,808
1,540
PayPal
Holdings
Inc.
†
...............................
89,366
1,220
S&P
Global
Inc.
........................................
544,120
2,950
Shinhan
Financial
Group
Co.
Ltd.
,
ADR
.....
102,690
1,200
Societe
Generale
SA
.................................
28,170
19,000
Standard
Chartered
plc
.............................
171,968
2,750
State
Street
Corp.
.....................................
203,500
2,450
The
Bank
of
New
York
Mellon
Corp.
..........
146,730
840
The
Charles
Schwab
Corp.
........................
61,900
4,800
TrustCo
Bank
Corp.
NY
.............................
138,096
5,668,857
Food
—
10
.7
%
6,000
BellRing
Brands
Inc.
†
...............................
342,840
5,000
Campbell
Soup
Co.
...................................
225,950
1,010
Lamb
Weston
Holdings
Inc.
......................
84,921
9,000
Mondelēz
International
Inc.
,
Cl. A
..............
588,960
8,250
Nestlé
SA
.................................................
842,217
6,000
The
Kraft
Heinz
Co.
...................................
193,320
3,900
Unilever
plc
,
ADR
.....................................
214,461
2,492,669
Health
Care
—
6
.2
%
2,300
AbCellera
Biologics
Inc.
†
..........................
6,808
700
AstraZeneca
plc
,
ADR
...............................
54,593
300
Becton
Dickinson
&
Co.
............................
70,113
800
Bristol-Myers
Squibb
Co.
..........................
33,224
85
Eli
Lilly
&
Co.
...........................................
76,957
1,300
Fortrea
Holdings
Inc.
†
..............................
30,342
78
GRAIL
Inc.
†
.............................................
1,191
1,950
Guardant
Health
Inc.
†
...............................
56,316
325
HCA
Healthcare
Inc.
..................................
104,416
2,000
Henry
Schein
Inc.
†
...................................
128,200
525
Illumina
Inc.
†
...........................................
54,800
1,015
Merck
&
Co.
Inc.
......................................
125,657
2,400
Pfizer
Inc.
................................................
67,152
103
Regeneron
Pharmaceuticals
Inc.
†
.............
108,256
Shares
Market
Value
925
Solventum
Corp.
†
....................................
$
48,914
740
The
Cigna
Group
......................................
244,622
200
Vertex
Pharmaceuticals
Inc.
†
....................
93,744
890
Zoetis
Inc.
................................................
154,290
1,459,595
Machinery
—
6
.7
%
307
Caterpillar
Inc.
..........................................
102,262
61,150
CNH
Industrial
NV
....................................
619,449
6,305
Xylem
Inc.
................................................
855,147
1,576,858
Real
Estate
Investment
Trust
—
0
.5
%
1,005
Prologis
Inc.
............................................
112,871
Retail
—
2
.2
%
1,985
Lowe's
Companies
Inc.
.............................
437,613
400
NIKE
Inc.
,
Cl. B
.........................................
30,148
350
Target
Corp.
.............................................
51,814
519,575
Semiconductors
—
2
.6
%
150
ARM
Holdings
plc
,
ADR
†
..........................
24,543
64
Broadcom
Inc.
.........................................
102,754
2,800
Intel
Corp.
................................................
86,716
480
Micron
Technology
Inc.
............................
63,134
910
NVIDIA
Corp.
...........................................
112,421
360
QUALCOMM
Inc.
......................................
71,705
605
Teradyne
Inc.
...........................................
89,716
290
Texas
Instruments
Inc.
.............................
56,414
607,403
Specialty
Chemicals
—
0
.5
%
345
Air
Products
and
Chemicals
Inc.
...............
89,027
350
DuPont
de
Nemours
Inc.
..........................
28,172
117,199
Telecommunications
—
0
.4
%
435
American
Tower
Corp.
,
REIT
.....................
84,555
Transportation
—
0
.2
%
250
Union
Pacific
Corp.
...................................
56,565
TOTAL
COMMON
STOCKS
........................
22,832,820
Principal
Amount
U.S.
GOVERNMENT
OBLIGATIONS
—
2
.3
%
$
545,000
U.S.
Treasury
Bills,
5.287
%
to
5.320
%
††
,
08/01/24
to
09/19/24
............................
541,248
TOTAL
INVESTMENTS
BEFORE
SECURITIES
SOLD
SHORT
—
100.0%
(Cost
$
15,697,237
)
...............................
$
23,374,068
