Summitry
Equity
Fund
Schedule
of
Investments
October
31,
2021
-
(Unaudited)
COMMON
STOCKS
—
98.86%
Shares
Fair
Value
Communications
—
21.08%
Alphabet,
Inc.,
Class
A
(a)
2,085
$
6,173,518
Facebook,
Inc.
(a)
17,595
5,693,214
Walt
Disney
Co.
(The)
(a)
23,530
3,978,217
15,844,949
Consumer
Discretionary
—
23.80%
Booking
Holdings,
Inc.
(a)
1,299
3,144,593
CarMax,
Inc.
(a)
15,640
2,141,429
Dollar
General
Corp.
10,710
2,372,479
Lowe's
Companies,
Inc.
19,970
4,669,386
Ross
Stores,
Inc.
19,735
2,234,002
Ulta
Beauty,
Inc.
(a)
9,055
3,326,445
17,888,334
Financials
—
18.02%
Bank
of
America
Corp.
38,050
1,818,029
Berkshire
Hathaway,
Inc.,
Class
B
(a)
14,115
4,051,146
Charles
Schwab
Corp.
(The)
30,585
2,508,888
Citigroup,
Inc.
26,610
1,840,348
Wells
Fargo
&
Co.
64,975
3,324,120
13,542,531
Health
Care
—
4.40%
Agilent
Technologies,
Inc.
9,105
1,433,946
Medtronic
PLC
15,630
1,873,412
3,307,358
Industrials
—
5.36%
Northrop
Grumman
Corp.
5,975
2,134,390
W.W.
Grainger,
Inc.
4,085
1,891,804
4,026,194
Technology
—
26.20%
Fiserv,
Inc.
(a)
33,915
3,340,289
Mastercard
,
Inc.,
Class
A
8,760
2,939,155
Microsoft
Corp.
12,740
4,224,839
Nintendo
Co.
Ltd.
-
ADR
36,895
2,038,449
salesforce.com,
Inc.
(a)
8,645
2,590,820
Visa,
Inc.,
Class
A
14,595
3,090,783
Zebra
Technologies
Corp.,
Class
A
(a)
2,745
1,465,693
19,690,028
Total
Common
Stocks
(Cost $41,044,882)
74,299,394
MONEY
MARKET
FUNDS
-
1.17%
Fidelity
Investments
Money
Market
Government
Portfolio,
Institutional
Class,
0.01%
(b)
879,686
879,686
Total
Money
Market
Funds
(Cost
$879,686)
879,686
Total
Investments
—
100.03%
(Cost
$41,924,568)
75,179,080
Summitry
Equity
Fund
Schedule
of
Investments
(continued)
October
31,
2021
-
(Unaudited)
Liabilities
in
Excess
of
Other
Assets — (0.03)%
$
(25,123)
NET
ASSETS
—
100.00%
$
75,153,957
(a)
Non-income
producing
security.
(b)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
October
31,
2021.
ADR
-
American
Depositary
Receipt