VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS
As of June 30, 2021 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS — 93.1% | |||
BASIC MATERIALS — 7.0% | |||
AdvanSix, Inc.* | 4,920 | $146,911 | |
Alcoa Corp.* | 30,755 | 1,133,014 | |
Allegheny Technologies, Inc.* | 19,035 | 396,880 | |
American Vanguard Corp. | 2,770 | 48,503 | |
Arconic Corp.* | 7,710 | 274,630 | |
Carpenter Technology Corp. | 8,550 | 343,881 | |
Century Aluminum Co.* | 5,560 | 71,668 | |
Charles & Colvard Ltd.* | 7,302 | 21,760 | |
Chemours Co. | 7,410 | 257,868 | |
Clearwater Paper Corp.* | 1,145 | 33,171 | |
Cleveland-Cliffs, Inc.*1 | 21,011 | 452,997 | |
Coeur Mining, Inc.* | 3,590 | 31,879 | |
Commercial Metals Co. | 24,280 | 745,882 | |
Domtar Corp.* | 10,620 | 583,675 | |
Element Solutions, Inc. | 57,540 | 1,345,285 | |
Friedman Industries, Inc. | 4,530 | 60,702 | |
Glatfelter Corp. | 11,557 | 161,451 | |
H.B. Fuller Co. | 2,120 | 134,853 | |
Hecla Mining Co. | 79,008 | 587,820 | |
Huntsman Corp. | 1,587 | 42,087 | |
Innospec, Inc. | 750 | 67,958 | |
Intrepid Potash, Inc.* | 2,070 | 65,950 | |
Kaiser Aluminum Corp. | 2,143 | 264,639 | |
Koppers Holdings, Inc.* | 920 | 29,762 | |
Kraton Corp.* | 8,960 | 289,318 | |
Kronos Worldwide, Inc. | 1,990 | 28,497 | |
Livent Corp.* | 2,866 | 55,486 | |
Mercer International, Inc. | 10,200 | 130,050 | |
Minerals Technologies, Inc. | 3,800 | 298,946 | |
Olin Corp. | 25,760 | 1,191,658 | |
PQ Group Holdings, Inc.1 | 4,690 | 72,038 | |
Rayonier Advanced Materials, Inc.* | 11,900 | 79,611 | |
Resolute Forest Products, Inc. | 10,070 | 122,854 | |
Schnitzer Steel Industries, Inc. - Class A | 7,040 | 345,312 | |
Schweitzer-Mauduit International, Inc. | 2,700 | 109,026 | |
Stepan Co. | 1,350 | 162,365 | |
Tronox Holdings PLC | 13,660 | 305,984 | |
United States Steel Corp. | 26,320 | 631,680 | |
Universal Stainless & Alloy Products, Inc.* | 2,230 | 22,456 | |
Valhi, Inc. | 2,710 | 65,934 | |
Verso Corp. - Class A | 4,480 | 79,296 | |
11,293,737 | |||
COMMUNICATIONS — 2.3% | |||
ADTRAN, Inc. | 1,230 | 25,400 | |
AMC Networks, Inc. - Class A* | 985 | 65,798 | |
ATN International, Inc. | 2,629 | 119,593 | |
Cars.com, Inc.* | 8,225 | 117,864 | |
Cogent Communications Holdings, Inc. | 420 | 32,294 | |
Consolidated Communications Holdings, Inc.* | 17,270 | 151,803 | |
DHI Group, Inc.* | 3,900 | 13,182 | |
EchoStar Corp. - Class A* | 2,580 | 62,668 | |
Entercom Communications Corp.* | 5,940 | 25,601 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
COMMUNICATIONS (Continued) | |||
Entravision Communications Corp. - Class A | 4,810 | $32,131 | |
ePlus, Inc.* | 450 | 39,011 | |
EW Scripps Co. - Class A | 12,016 | 245,006 | |
Gannett Co., Inc.* | 16,034 | 88,027 | |
Gray Television, Inc. | 14,910 | 348,894 | |
GTT Communications, Inc.* | 4,630 | 11,251 | |
Houghton Mifflin Harcourt Co.* | 8,850 | 97,704 | |
InterDigital, Inc. | 320 | 23,370 | |
Iridium Communications, Inc.* | 9,560 | 382,304 | |
Lands’ End, Inc.* | 4,865 | 199,708 | |
Liberty Latin America Ltd. - Class A* | 7,200 | 99,792 | |
Live Ventures, Inc.*1 | 590 | 36,344 | |
Maxar Technologies, Inc. | 3,520 | 140,518 | |
Meredith Corp.* | 6,150 | 267,156 | |
NETGEAR, Inc.* | 1,330 | 50,966 | |
Perficient, Inc.* | 810 | 65,140 | |
Plantronics, Inc.* | 810 | 33,801 | |
Preformed Line Products Co. | 530 | 39,326 | |
Scholastic Corp. | 8,040 | 304,636 | |
Shenandoah Telecommunications Co. | 1,050 | 50,936 | |
Stitch Fix, Inc. - Class A* | 250 | 15,075 | |
TEGNA, Inc. | 1,360 | 25,514 | |
Telephone and Data Systems, Inc. | 7,050 | 159,753 | |
Thryv Holdings, Inc.* | 2,670 | 95,506 | |
Townsquare Media, Inc. - Class A* | 3,380 | 43,095 | |
United States Cellular Corp.* | 2,350 | 85,328 | |
Viasat, Inc.* | 1,563 | 77,900 | |
3,672,395 | |||
CONSUMER, CYCLICAL — 18.8% | |||
Abercrombie & Fitch Co. - Class A* | 15,690 | 728,487 | |
Academy Sports & Outdoors, Inc.* | 790 | 32,580 | |
Acushnet Holdings Corp. | 1,070 | 52,858 | |
Adient PLC* | 4,030 | 182,156 | |
Aeva Technologies, Inc.* | 1,480 | 15,644 | |
Alaska Air Group, Inc.* | 862 | 51,987 | |
Allegiant Travel Co.* | 455 | 88,270 | |
AMC Entertainment Holdings, Inc. - Class A*1 | 2,460 | 139,433 | |
American Axle & Manufacturing Holdings, Inc.* | 14,040 | 145,314 | |
American Eagle Outfitters, Inc. | 16,870 | 633,131 | |
Asbury Automotive Group, Inc.* | 1,135 | 194,505 | |
At Home Group, Inc.* | 4,575 | 168,543 | |
AutoNation, Inc.* | 9,349 | 886,379 | |
Avient Corp. | 1,390 | 68,332 | |
Barnes & Noble Education, Inc.*1 | 11,590 | 83,564 | |
Bassett Furniture Industries, Inc. | 1,660 | 40,421 | |
Beacon Roofing Supply, Inc.* | 12,950 | 689,587 | |
Beazer Homes USA, Inc.* | 5,170 | 99,729 | |
Bed Bath & Beyond, Inc.* | 11,881 | 395,518 | |
Big 5 Sporting Goods Corp.1 | 3,580 | 91,934 | |
Big Lots, Inc. | 5,450 | 359,754 | |
BJ’s Restaurants, Inc.* | 1,475 | 72,481 | |
Bloomin’ Brands, Inc.* | 1,530 | 41,524 |
1
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2021 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
CONSUMER, CYCLICAL (Continued) | |||
Bluegreen Vacations Holding Corp.* | 760 | $13,680 | |
Boot Barn Holdings, Inc.* | 740 | 62,197 | |
Boyd Gaming Corp.* | 2,265 | 139,275 | |
Buckle, Inc. | 3,390 | 168,652 | |
Build-A-Bear Workshop, Inc.* | 2,000 | 34,620 | |
Caleres, Inc. | 7,530 | 205,494 | |
Callaway Golf Co. | 1,920 | 64,762 | |
Cannae Holdings, Inc.* | 860 | 29,163 | |
Capri Holdings Ltd.* | 4,810 | 275,084 | |
Cato Corp. - Class A | 4,280 | 72,204 | |
Century Casinos, Inc.* | 3,850 | 51,705 | |
Century Communities, Inc. | 8,487 | 564,725 | |
Cheesecake Factory, Inc.* | 1,370 | 74,227 | |
Chico’s FAS, Inc.* | 16,820 | 110,676 | |
Children’s Place, Inc.* | 780 | 72,587 | |
Chuy’s Holdings, Inc.* | 1,290 | 48,065 | |
Cinemark Holdings, Inc.*1 | 7,830 | 171,868 | |
Citi Trends, Inc.*1 | 3,130 | 272,310 | |
Clean Energy Fuels Corp.*1 | 14,530 | 147,479 | |
Commercial Vehicle Group, Inc.* | 3,200 | 34,016 | |
Conn’s, Inc.* | 6,710 | 171,105 | |
Container Store Group, Inc.* | 2,820 | 36,773 | |
Cooper-Standard Holdings, Inc.* | 1,940 | 56,260 | |
Core-Mark Holding Co., Inc. | 1,140 | 51,311 | |
Daktronics, Inc.* | 2,900 | 19,111 | |
Dana, Inc. | 9,510 | 225,958 | |
Dave & Buster’s Entertainment, Inc.* | 2,500 | 101,500 | |
Delta Apparel, Inc.* | 1,180 | 34,834 | |
Designer Brands, Inc. - Class A* | 4,330 | 71,661 | |
Dick’s Sporting Goods, Inc. | 3,340 | 334,635 | |
Dillard’s, Inc. - Class A1 | 5,275 | 954,142 | |
Ethan Allen Interiors, Inc. | 5,760 | 158,976 | |
Everi Holdings, Inc.* | 2,630 | 65,592 | |
Express, Inc.* | 5,920 | 38,421 | |
Foot Locker, Inc. | 5,650 | 348,209 | |
Fossil Group, Inc.* | 4,790 | 68,401 | |
Full House Resorts, Inc.* | 2,250 | 22,365 | |
Genesco, Inc.* | 2,930 | 186,582 | |
G-III Apparel Group Ltd.* | 12,200 | 400,892 | |
GMS, Inc.* | 8,740 | 420,744 | |
Golden Entertainment, Inc.* | 1,400 | 62,720 | |
Goodyear Tire & Rubber Co.* | 32,276 | 553,533 | |
Green Brick Partners, Inc.* | 3,008 | 68,402 | |
Group 1 Automotive, Inc. | 4,310 | 665,593 | |
Guess?, Inc. | 11,960 | 315,744 | |
Hall of Fame Resort & Entertainment Co.*1 | 5,380 | 21,143 | |
Hamilton Beach Brands Holding Co. - Class A | 2,891 | 64,383 | |
Hamilton Beach Brands Holding Co. - Class A | 780 | 17,371 | |
Haverty Furniture Cos., Inc.1 | 3,500 | 149,660 | |
Hawaiian Holdings, Inc.* | 7,332 | 178,681 | |
Herman Miller, Inc. | 1,005 | 47,376 | |
Hibbett, Inc.* | 1,690 | 151,475 | |
Hooker Furniture Corp. | 2,205 | 76,381 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
CONSUMER, CYCLICAL (Continued) | |||
Hovnanian Enterprises, Inc. - Class A* | 425 | $45,173 | |
Hyliion Holdings Corp.*1 | 1,490 | 17,358 | |
Iconix Brand Group, Inc.* | 14,210 | 44,477 | |
Interface, Inc. | 5,240 | 80,172 | |
JetBlue Airways Corp.* | 3,185 | 53,444 | |
Johnson Outdoors, Inc. - Class A | 1,010 | 122,210 | |
KAR Auction Services, Inc.* | 6,250 | 109,687 | |
KB Home | 3,690 | 150,257 | |
Knoll, Inc. | 1,890 | 49,121 | |
Kohl’s Corp. | 4,270 | 235,320 | |
Kontoor Brands, Inc. | 490 | 27,641 | |
Kopin Corp.* | 2,670 | 21,841 | |
La-Z-Boy, Inc. | 1,930 | 71,487 | |
Lazydays Holdings, Inc.* | 1,350 | 29,700 | |
LGI Homes, Inc.* | 280 | 45,343 | |
Lifetime Brands, Inc. | 2,090 | 31,287 | |
Lithia Motors, Inc. | 555 | 190,720 | |
M/I Homes, Inc.* | 5,285 | 310,071 | |
Macy’s, Inc.* | 17,100 | 324,216 | |
Marcus Corp.*1 | 5,800 | 123,018 | |
MarineMax, Inc.* | 4,480 | 218,355 | |
Marriott Vacations Worldwide Corp.* | 3,260 | 519,318 | |
MDC Holdings, Inc. | 8,263 | 418,108 | |
Meritage Homes Corp.* | 6,730 | 633,158 | |
Mesa Air Group, Inc.* | 2,400 | 22,392 | |
Methode Electronics, Inc. | 1,710 | 84,149 | |
Miller Industries, Inc. | 3,345 | 131,927 | |
Modine Manufacturing Co.* | 12,562 | 208,404 | |
Motorcar Parts of America, Inc.* | 3,450 | 77,418 | |
Movado Group, Inc. | 4,280 | 134,692 | |
Murphy USA, Inc. | 350 | 46,679 | |
ODP Corp.* | 11,250 | 540,112 | |
Oxford Industries, Inc. | 620 | 61,281 | |
Party City Holdco, Inc.* | 9,680 | 90,314 | |
PC Connection, Inc. | 3,132 | 144,918 | |
Penske Automotive Group, Inc. | 9,020 | 680,920 | |
Playa Hotels & Resorts N.V.* | 4,570 | 33,955 | |
PVH Corp.* | 1,440 | 154,930 | |
Qurate Retail, Inc. | 22,235 | 291,056 | |
RCI Hospitality Holdings, Inc. | 470 | 31,114 | |
Reading International, Inc. - Class A* | 5,090 | 35,477 | |
Red Robin Gourmet Burgers, Inc.* | 1,320 | 43,705 | |
Red Rock Resorts, Inc. - Class A* | 3,280 | 139,400 | |
Resideo Technologies, Inc.* | 12,370 | 371,100 | |
REV Group, Inc. | 10,730 | 168,354 | |
RH* | 100 | 67,900 | |
Rite Aid Corp.* | 2,620 | 42,706 | |
Rocky Brands, Inc. | 2,220 | 123,432 | |
Rush Enterprises, Inc. - Class A | 9,615 | 415,753 | |
Rush Enterprises, Inc. - Class B | 4,375 | 166,862 | |
Sally Beauty Holdings, Inc.* | 5,040 | 111,233 | |
ScanSource, Inc.* | 4,620 | 129,961 | |
Shoe Carnival, Inc. | 3,170 | 226,940 | |
Shyft Group, Inc. | 2,677 | 100,147 | |
Signet Jewelers Ltd.* | 8,633 | 697,460 | |
SkyWest, Inc.* | 10,825 | 466,233 |
2
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2021 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
CONSUMER, CYCLICAL (Continued) | |||
Sonic Automotive, Inc. - Class A | 3,850 | $172,249 | |
Spirit Airlines, Inc.*1 | 13,330 | 405,765 | |
Standard Motor Products, Inc. | 800 | 34,680 | |
Steelcase, Inc. - Class A | 7,205 | 108,868 | |
Steven Madden Ltd. | 2,860 | 125,154 | |
Superior Group of Cos., Inc. | 1,764 | 42,177 | |
Tapestry, Inc.* | 1,850 | 80,438 | |
Taylor Morrison Home Corp.* | 19,473 | 514,477 | |
Tenneco, Inc. - Class A* | 6,890 | 133,115 | |
Tilly’s, Inc. - Class A | 4,640 | 74,147 | |
Titan Machinery, Inc.* | 6,360 | 196,778 | |
TravelCenters of America, Inc.* | 1,230 | 35,965 | |
Tri Pointe Homes, Inc.* | 24,280 | 520,320 | |
Unifi, Inc.* | 3,147 | 76,661 | |
UniFirst Corp. | 600 | 140,784 | |
Univar Solutions, Inc.* | 6,320 | 154,082 | |
Universal Electronics, Inc.* | 480 | 23,280 | |
Urban Outfitters, Inc.* | 9,180 | 378,400 | |
Vera Bradley, Inc.* | 5,110 | 63,313 | |
Veritiv Corp.* | 3,530 | 216,813 | |
Vista Outdoor, Inc.* | 9,430 | 436,420 | |
VOXX International Corp.* | 1,640 | 22,976 | |
VSE Corp. | 1,500 | 74,265 | |
Wabash National Corp. | 9,040 | 144,640 | |
WESCO International, Inc.* | 9,568 | 983,782 | |
Winnebago Industries, Inc. | 810 | 55,048 | |
Workhorse Group, Inc.*1 | 4,030 | 66,858 | |
World Fuel Services Corp. | 17,090 | 542,266 | |
XL Fleet Corp.*1 | 2,860 | 23,824 | |
XPEL, Inc.* | 480 | 40,258 | |
Zumiez, Inc.* | 6,000 | 293,940 | |
30,109,003 | |||
CONSUMER, NON-CYCLICAL — 10.7% | |||
Aaron’s Co., Inc. | 3,040 | 97,250 | |
ABM Industries, Inc. | 11,285 | 500,490 | |
Acacia Research Corp.* | 10,900 | 73,684 | |
Acadia Healthcare Co., Inc.* | 17,145 | 1,075,849 | |
ACCO Brands Corp. | 20,950 | 180,798 | |
Adtalem Global Education, Inc.* | 10,880 | 387,763 | |
Aeglea BioTherapeutics, Inc.* | 2,360 | 16,426 | |
American Public Education, Inc.* | 2,595 | 73,542 | |
Andersons, Inc. | 7,990 | 243,935 | |
AngioDynamics, Inc.* | 7,420 | 201,305 | |
Anika Therapeutics, Inc.* | 490 | 21,212 | |
Arcadia Biosciences, Inc.*1 | 7,170 | 21,295 | |
ASGN, Inc.* | 260 | 25,202 | |
Avanos Medical, Inc.* | 1,740 | 63,284 | |
Avis Budget Group, Inc.* | 4,680 | 364,525 | |
B&G Foods, Inc.1 | 1,480 | 48,544 | |
BrightView Holdings, Inc.* | 1,940 | 31,273 | |
Brink’s Co. | 1,040 | 79,914 | |
Brookdale Senior Living, Inc.* | 33,320 | 263,228 | |
CAI International, Inc. | 4,190 | 234,640 | |
Carriage Services, Inc. | 2,660 | 98,340 | |
CBIZ, Inc.* | 12,740 | 417,490 | |
Celsion Corp.*1 | 12,730 | 16,167 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
CONSUMER, NON-CYCLICAL (Continued) | |||
Central Garden & Pet Co. - Class A* | 7,360 | $355,488 | |
Chefs’ Warehouse, Inc.* | 2,130 | 67,798 | |
ChemoCentryx, Inc.* | 8,280 | 110,869 | |
Coherus Biosciences, Inc.* | 2,340 | 32,362 | |
Computer Task Group, Inc.* | 3,480 | 33,652 | |
Coty, Inc. - Class A* | 4,530 | 42,310 | |
Covetrus, Inc.* | 4,340 | 117,180 | |
CRA International, Inc. | 1,830 | 156,648 | |
Cross Country Healthcare, Inc.* | 5,630 | 92,951 | |
Darling Ingredients, Inc.* | 15,458 | 1,043,415 | |
Edgewell Personal Care Co. | 3,270 | 143,553 | |
Ennis, Inc. | 5,030 | 108,246 | |
Ensign Group, Inc. | 920 | 79,736 | |
Fresh Del Monte Produce, Inc. | 8,540 | 280,795 | |
FTI Consulting, Inc.* | 2,275 | 310,788 | |
GP Strategies Corp.* | 1,930 | 30,340 | |
Graham Holdings Co. - Class B | 520 | 329,628 | |
Green Dot Corp. - Class A* | 1,200 | 56,220 | |
Heidrick & Struggles International, Inc. | 3,570 | 159,043 | |
Herc Holdings, Inc.* | 4,545 | 509,358 | |
Hostess Brands, Inc.* | 21,510 | 348,247 | |
ICF International, Inc. | 3,218 | 282,733 | |
Ingles Markets, Inc. - Class A | 2,690 | 156,746 | |
Insperity, Inc. | 590 | 53,318 | |
Integer Holdings Corp.* | 4,160 | 391,872 | |
Kelly Services, Inc. - Class A* | 9,150 | 219,325 | |
Korn Ferry | 7,665 | 556,096 | |
Lannett Co., Inc.* | 6,860 | 32,036 | |
Laureate Education, Inc. - Class A* | 2,200 | 31,922 | |
Limoneira Co. | 1,990 | 34,925 | |
LivaNova PLC* | 1,040 | 87,474 | |
Macquarie Infrastructure Corp. | 2,800 | 107,156 | |
Magellan Health, Inc.* | 7,090 | 667,878 | |
Marathon Digital Holdings, Inc.* | 1,100 | 34,507 | |
MEDNAX, Inc.* | 6,350 | 191,452 | |
Myriad Genetics, Inc.* | 2,230 | 68,193 | |
National HealthCare Corp. | 1,230 | 85,977 | |
Natus Medical, Inc.* | 2,030 | 52,739 | |
Ovid therapeutics, Inc.* | 4,110 | 16,070 | |
Owens & Minor, Inc. | 4,610 | 195,141 | |
Patterson Cos., Inc. | 6,345 | 192,825 | |
Prestige Consumer Healthcare, Inc.* | 5,750 | 299,575 | |
PROG Holdings, Inc. | 4,180 | 201,183 | |
ProPhase Labs, Inc. | 5,870 | 36,394 | |
Quanex Building Products Corp. | 8,450 | 209,898 | |
Rent-A-Center, Inc. | 1,340 | 71,114 | |
Sanderson Farms, Inc. | 170 | 31,955 | |
Select Medical Holdings Corp. | 6,184 | 261,336 | |
Seneca Foods Corp. - Class A* | 960 | 49,037 | |
SpartanNash Co. | 5,570 | 107,557 | |
Spectrum Brands Holdings, Inc. | 3,890 | 330,806 | |
StoneMor, Inc.* | 23,940 | 62,723 | |
Stride, Inc.* | 6,520 | 209,488 | |
Supernus Pharmaceuticals, Inc.* | 1,540 | 47,417 | |
Textainer Group Holdings Ltd.* | 7,400 | 249,898 | |
Tivity Health, Inc.* | 7,000 | 184,170 |
3
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2021 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
CONSUMER, NON-CYCLICAL (Continued) | |||
Triple-S Management Corp.* | 4,947 | $110,170 | |
Triton International Ltd. | 14,580 | 763,117 | |
TrueBlue, Inc.* | 4,330 | 121,716 | |
U.S. Foods Holding Corp.* | 3,490 | 133,876 | |
United Natural Foods, Inc.* | 12,510 | 462,620 | |
Universal Corp. | 1,910 | 108,813 | |
Varex Imaging Corp.* | 4,820 | 129,272 | |
Vectrus, Inc.* | 240 | 11,422 | |
Viad Corp.* | 3,450 | 171,982 | |
ViewRay, Inc.* | 7,950 | 52,470 | |
Village Super Market, Inc. - Class A | 1,480 | 34,795 | |
Viracta Therapeutics, Inc.*1 | 2,897 | 32,852 | |
Weis Markets, Inc. | 4,552 | 235,156 | |
WW International, Inc.* | 780 | 28,189 | |
17,152,169 | |||
DIVERSIFIED — 0.0% | |||
Professional Holding Corp. - Class A* | 1,490 | 26,850 | |
ENERGY — 9.6% | |||
Abraxas Petroleum Corp.*1 | 10,630 | 34,335 | |
Amplify Energy Corp.* | 11,140 | 45,117 | |
Antero Midstream Corp. | 3,410 | 35,430 | |
Antero Resources Corp.* | 39,050 | 586,921 | |
APA Corp. | 15,100 | 326,613 | |
Archrock, Inc. | 32,680 | 291,179 | |
Berry Corp. | 4,950 | 33,264 | |
Bonanza Creek Energy, Inc. | 5,770 | 271,594 | |
Callon Petroleum Co.*1 | 9,198 | 530,633 | |
Centennial Resource Development, Inc. - Class A* | 36,650 | 248,487 | |
ChampionX Corp.* | 5,810 | 149,026 | |
Cimarex Energy Co. | 2,340 | 169,533 | |
CNX Resources Corp.* | 39,026 | 533,095 | |
Comstock Resources, Inc.* | 4,530 | 30,215 | |
CONSOL Energy, Inc.* | 6,750 | 124,673 | |
CVR Energy, Inc. | 1,590 | 28,556 | |
Delek U.S. Holdings, Inc. | 7,119 | 153,913 | |
Devon Energy Corp. | 9,970 | 291,024 | |
Diamondback Energy, Inc. | 2,887 | 271,060 | |
Dril-Quip, Inc.* | 3,555 | 120,266 | |
Earthstone Energy, Inc. - Class A* | 5,690 | 62,988 | |
EnLink Midstream LLC | 12,540 | 80,131 | |
EQT Corp.* | 35,800 | 796,908 | |
Equitrans Midstream Corp. | 6,090 | 51,826 | |
Exterran Corp.* | 5,140 | 24,466 | |
Falcon Minerals Corp. | 3,510 | 17,831 | |
FutureFuel Corp. | 2,600 | 24,960 | |
Green Plains, Inc.* | 5,730 | 192,643 | |
Helix Energy Solutions Group, Inc.* | 35,940 | 205,217 | |
Helmerich & Payne, Inc. | 15,200 | 495,976 | |
HighPeak Energy, Inc.* | 5,220 | 53,401 | |
HollyFrontier Corp. | 4,235 | 139,332 | |
Independence Contract Drilling, Inc.* | 3,410 | 14,629 | |
Kosmos Energy Ltd.* | 54,490 | 188,535 | |
Laredo Petroleum, Inc.* | 2,440 | 226,408 | |
Liberty Oilfield Services, Inc. - Class A* | 4,450 | 63,012 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
ENERGY (Continued) | |||
Matador Resources Co. | 27,430 | $987,754 | |
MRC Global, Inc.* | 9,560 | 89,864 | |
Murphy Oil Corp. | 26,250 | 611,100 | |
Nabors Industries Ltd.* | 1,570 | 179,357 | |
Newpark Resources, Inc.* | 18,240 | 63,110 | |
NexTier Oilfield Solutions, Inc.* | 23,350 | 111,146 | |
Northern Oil and Gas, Inc. | 2,250 | 46,733 | |
NOV, Inc.* | 6,780 | 103,870 | |
NOW, Inc.* | 15,340 | 145,577 | |
Oceaneering International, Inc.* | 18,250 | 284,152 | |
Oil States International, Inc.* | 11,780 | 92,473 | |
Ovintiv, Inc. | 5,760 | 181,267 | |
Par Pacific Holdings, Inc.* | 4,670 | 78,549 | |
Patterson-UTI Energy, Inc. | 42,655 | 423,991 | |
PBF Energy, Inc. - Class A* | 17,390 | 266,067 | |
PDC Energy, Inc. | 20,964 | 959,942 | |
Peabody Energy Corp.* | 4,000 | 31,720 | |
Penn Virginia Corp.* | 4,610 | 108,842 | |
Pioneer Natural Resources Co. | 908 | 147,568 | |
ProPetro Holding Corp.* | 9,950 | 91,142 | |
Range Resources Corp.* | 32,248 | 540,476 | |
Renewable Energy Group, Inc.* | 7,430 | 463,186 | |
REX American Resources Corp.* | 638 | 57,535 | |
Ring Energy, Inc.*1 | 14,410 | 42,942 | |
RPC, Inc.* | 11,900 | 58,905 | |
Select Energy Services, Inc. - Class A* | 12,160 | 73,446 | |
SilverBow Resources, Inc.* | 3,280 | 76,162 | |
SM Energy Co. | 16,655 | 410,213 | |
Southwestern Energy Co.* | 55,060 | 312,190 | |
SunCoke Energy, Inc. | 10,520 | 75,113 | |
Talos Energy, Inc.* | 12,960 | 202,694 | |
Targa Resources Corp. | 4,940 | 219,583 | |
TechnipFMC PLC* | 16,780 | 151,859 | |
TETRA Technologies, Inc.* | 10,610 | 46,047 | |
Transocean Ltd.*1 | 49,810 | 225,141 | |
U.S. Silica Holdings, Inc.* | 5,860 | 67,742 | |
W&T Offshore, Inc.* | 7,440 | 36,084 | |
Warrior Met Coal, Inc. | 5,040 | 86,688 | |
Whiting Petroleum Corp.* | 7,190 | 392,214 | |
15,455,641 | |||
FINANCIAL — 24.9% | |||
1st Source Corp. | 4,412 | 204,982 | |
Air Lease Corp. | 15,985 | 667,214 | |
Allegiance Bancshares, Inc. | 1,110 | 42,668 | |
Ambac Financial Group, Inc.* | 2,600 | 40,716 | |
Amerant Bancorp, Inc.* | 2,150 | 45,967 | |
American Equity Investment Life Holding Co. | 23,605 | 762,914 | |
American National Bankshares, Inc. | 1,050 | 32,644 | |
American National Group, Inc. | 1,750 | 259,962 | |
Ameris Bancorp | 2,085 | 105,564 | |
Argo Group International Holdings Ltd. | 6,173 | 319,947 | |
Associated Banc-Corp | 15,833 | 324,260 | |
Assured Guaranty Ltd. | 4,425 | 210,099 | |
Atlantic Capital Bancshares, Inc.* | 1,670 | 42,518 |
4
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2021 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
FINANCIAL (Continued) | |||
Atlantic Union Bankshares Corp. | 12,733 | $461,189 | |
Atlanticus Holdings Corp.* | 880 | 34,936 | |
B Riley Financial, Inc. | 1,320 | 99,660 | |
Banc of California, Inc. | 7,500 | 131,550 | |
BancFirst Corp. | 464 | 28,968 | |
Bancorp, Inc.* | 4,910 | 112,979 | |
BancorpSouth Bank | 3,840 | 108,787 | |
Bank of Commerce Holdings | 2,000 | 30,040 | |
Bank OZK | 10,000 | 421,600 | |
BankFinancial Corp. | 4,730 | 54,111 | |
BankUnited, Inc. | 8,610 | 367,561 | |
Banner Corp. | 4,620 | 250,450 | |
BBX Capital, Inc.* | 2,120 | 17,002 | |
BCB Bancorp, Inc. | 3,960 | 53,262 | |
Berkshire Hills Bancorp, Inc. | 5,246 | 143,793 | |
Blucora, Inc.* | 4,800 | 83,088 | |
Brookline Bancorp, Inc. | 10,635 | 158,993 | |
Business First Bancshares, Inc. | 1,350 | 30,983 | |
Byline Bancorp, Inc. | 1,540 | 34,850 | |
Cadence BanCorp | 17,013 | 355,231 | |
Camden National Corp. | 1,051 | 50,196 | |
Capital City Bank Group, Inc. | 935 | 24,114 | |
Capitol Federal Financial, Inc. | 2,930 | 34,515 | |
Carter Bankshares, Inc.* | 5,120 | 64,051 | |
Cathay General Bancorp | 7,580 | 298,349 | |
Central Pacific Financial Corp. | 3,750 | 97,725 | |
Central Valley Community Bancorp | 1,800 | 36,270 | |
Chemung Financial Corp. | 440 | 19,496 | |
CIT Group, Inc. | 7,795 | 402,144 | |
Citizens Community Bancorp, Inc. | 2,990 | 40,903 | |
City Holding Co. | 1,219 | 91,718 | |
Clipper Realty, Inc. | 3,910 | 28,739 | |
CNB Financial Corp. | 1,900 | 43,358 | |
CNO Financial Group, Inc. | 35,850 | 846,777 | |
Columbia Banking System, Inc. | 3,440 | 132,646 | |
Community Bank System, Inc. | 2,832 | 214,241 | |
Community Trust Bancorp, Inc. | 1,470 | 59,359 | |
ConnectOne Bancorp, Inc. | 4,250 | 111,222 | |
Cowen, Inc. - Class A | 4,560 | 187,188 | |
Crawford & Co. - Class A | 3,480 | 31,564 | |
CrossFirst Bankshares, Inc.* | 2,490 | 34,237 | |
Customers Bancorp, Inc.* | 9,100 | 354,809 | |
CVB Financial Corp. | 7,910 | 162,867 | |
Dime Community Bancshares, Inc. | 5,009 | 168,403 | |
Donegal Group, Inc. - Class A | 1,421 | 20,704 | |
Eagle Bancorp, Inc. | 1,897 | 106,384 | |
Elevate Credit, Inc.* | 5,880 | 20,992 | |
Employers Holdings, Inc. | 4,030 | 172,484 | |
Encore Capital Group, Inc.* | 3,970 | 188,138 | |
Enova International, Inc.* | 2,700 | 92,367 | |
Enstar Group Ltd.* | 810 | 193,525 | |
Enterprise Financial Services Corp. | 440 | 20,412 | |
Equity Bancshares, Inc. - Class A* | 750 | 22,868 | |
ESSA Bancorp, Inc. | 1,028 | 16,849 | |
Essent Group Ltd. | 525 | 23,599 | |
FB Financial Corp. | 672 | 25,079 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
FINANCIAL (Continued) | |||
Federal Agricultural Mortgage Corp. - Class C | 948 | $93,757 | |
Financial Institutions, Inc. | 4,410 | 132,300 | |
First BanCorp/Puerto Rico | 70,230 | 837,142 | |
First Bancshares, Inc. | 566 | 21,185 | |
First Bank/Hamilton NJ | 3,490 | 47,255 | |
First Busey Corp. | 4,189 | 103,301 | |
First Business Financial Services, Inc. | 1,320 | 35,732 | |
First Choice Bancorp | 1,490 | 45,370 | |
First Citizens BancShares, Inc. - Class A | 70 | 58,292 | |
First Commonwealth Financial Corp. | 17,650 | 248,335 | |
First Community Bankshares, Inc. | 1,620 | 48,357 | |
First Financial Bancorp | 15,743 | 372,007 | |
First Financial Bankshares, Inc.1 | 5,430 | 266,776 | |
First Financial Corp. | 1,311 | 53,515 | |
First Financial Northwest, Inc. | 2,600 | 39,390 | |
First Foundation, Inc. | 1,450 | 32,640 | |
First Horizon Corp. | 23,082 | 398,857 | |
First Internet Bancorp | 1,660 | 51,427 | |
First Interstate BancSystem, Inc. - Class A | 2,026 | 84,748 | |
First Merchants Corp. | 4,100 | 170,847 | |
First Mid Bancshares, Inc. | 732 | 29,653 | |
First Midwest Bancorp, Inc. | 13,640 | 270,481 | |
Flagstar Bancorp, Inc. | 13,170 | 556,696 | |
Flushing Financial Corp. | 5,360 | 114,865 | |
FNB Corp. | 16,462 | 202,976 | |
FRP Holdings, Inc.* | 500 | 27,840 | |
Fulton Financial Corp. | 37,840 | 597,115 | |
Genworth Financial, Inc. - Class A* | 43,870 | 171,093 | |
Glacier Bancorp, Inc. | 5,090 | 280,357 | |
Global Indemnity Group LLC - Class A | 740 | 19,499 | |
Goosehead Insurance, Inc. - Class A | 810 | 103,113 | |
Great Southern Bancorp, Inc. | 1,025 | 55,247 | |
Great Western Bancorp, Inc. | 11,320 | 371,183 | |
Hancock Whitney Corp. | 12,610 | 560,388 | |
Hanmi Financial Corp. | 9,080 | 173,065 | |
Hanover Insurance Group, Inc. | 1,000 | 135,640 | |
Heartland Financial USA, Inc. | 2,500 | 117,475 | |
Heritage Commerce Corp. | 3,320 | 36,952 | |
Heritage Financial Corp. | 1,750 | 43,785 | |
Hilltop Holdings, Inc. | 13,737 | 500,027 | |
Home Bancorp, Inc. | 940 | 35,823 | |
Home BancShares, Inc. | 2,160 | 53,309 | |
HomeStreet, Inc. | 5,440 | 221,626 | |
HomeTrust Bancshares, Inc. | 1,340 | 37,386 | |
Hope Bancorp, Inc. | 11,607 | 164,587 | |
Horace Mann Educators Corp. | 7,991 | 299,023 | |
Horizon Bancorp, Inc. | 941 | 16,402 | |
Howard Hughes Corp.* | 185 | 18,030 | |
Huntington Bancshares, Inc. | 17,854 | 254,777 | |
Independent Bank Corp. | 403 | 30,427 | |
Independent Bank Group, Inc. | 7,585 | 561,138 | |
International Bancshares Corp. | 14,650 | 629,071 | |
Invesco Ltd. | 7,660 | 204,752 | |
Investar Holding Corp. | 910 | 20,830 |
5
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2021 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
FINANCIAL (Continued) | |||
Investors Bancorp, Inc. | 13,090 | $186,663 | |
Janus Henderson Group PLC | 7,000 | 271,670 | |
Kearny Financial Corp. | 14,272 | 170,550 | |
Kemper Corp. | 4,926 | 364,031 | |
Lakeland Bancorp, Inc. | 5,725 | 100,073 | |
Lakeland Financial Corp. | 420 | 25,889 | |
LendingClub Corp.* | 1,960 | 35,535 | |
LPL Financial Holdings, Inc. | 760 | 102,585 | |
Mackinac Financial Corp. | 1,830 | 36,161 | |
Marlin Business Services Corp. | 2,240 | 50,982 | |
MBIA, Inc.* | 7,000 | 77,000 | |
McGrath RentCorp | 3,115 | 254,091 | |
Mercantile Bank Corp. | 1,560 | 47,112 | |
Merchants Bancorp | 1,090 | 42,772 | |
Meridian Bancorp, Inc. | 3,610 | 73,861 | |
Meta Financial Group, Inc. | 5,240 | 265,301 | |
Middlefield Banc Corp. | 1,400 | 33,040 | |
Midland States Bancorp, Inc. | 2,900 | 76,183 | |
MidWestOne Financial Group, Inc. | 1,400 | 40,278 | |
Mr Cooper Group, Inc.* | 10,077 | 333,146 | |
MVB Financial Corp. | 1,110 | 47,353 | |
National Western Life Group, Inc. - Class A | 600 | 134,634 | |
Navient Corp. | 35,870 | 693,367 | |
NBT Bancorp, Inc. | 1,180 | 42,445 | |
Nelnet, Inc. - Class A | 7,330 | 551,436 | |
Newmark Group, Inc. - Class A | 8,220 | 98,722 | |
Nicolet Bankshares, Inc.* | 575 | 40,445 | |
NMI Holdings, Inc. - Class A* | 5,020 | 112,850 | |
Northeast Bank | 930 | 27,779 | |
Northfield Bancorp, Inc. | 3,400 | 55,760 | |
Northrim BanCorp, Inc. | 1,860 | 79,515 | |
Northwest Bancshares, Inc. | 17,480 | 238,427 | |
OceanFirst Financial Corp. | 8,628 | 179,808 | |
OFG Bancorp | 11,080 | 245,090 | |
Old National Bancorp | 38,866 | 684,430 | |
Old Second Bancorp, Inc. | 2,460 | 30,504 | |
OneMain Holdings, Inc. | 7,250 | 434,347 | |
Oppenheimer Holdings, Inc. - Class A | 1,770 | 89,987 | |
Pacific Premier Bancorp, Inc. | 16,330 | 690,596 | |
PacWest Bancorp | 3,210 | 132,124 | |
PCB Bancorp | 1,150 | 18,515 | |
Peapack-Gladstone Financial Corp. | 2,455 | 76,277 | |
PennyMac Financial Services, Inc. | 1,430 | 88,260 | |
Peoples Bancorp, Inc. | 4,300 | 127,366 | |
Peoples Financial Services Corp. | 780 | 33,228 | |
Pinnacle Financial Partners, Inc. | 3,943 | 348,127 | |
Piper Sandler Cos. | 2,260 | 292,806 | |
Popular, Inc. | 7,850 | 589,142 | |
PRA Group, Inc.* | 1,755 | 67,515 | |
Preferred Bank/Los Angeles CA | 2,090 | 132,234 | |
Premier Financial Bancorp, Inc. | 1,442 | 24,298 | |
Premier Financial Corp. | 3,094 | 87,901 | |
Primerica, Inc. | 610 | 93,415 | |
Primis Financial Corp. | 2,444 | 37,295 | |
ProAssurance Corp. | 1,980 | 45,045 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
FINANCIAL (Continued) | |||
Provident Bancorp, Inc. | 3,410 | $55,617 | |
Provident Financial Holdings, Inc.1 | 2,380 | 41,103 | |
Provident Financial Services, Inc. | 18,890 | 432,392 | |
QCR Holdings, Inc. | 610 | 29,335 | |
RBB Bancorp | 820 | 19,860 | |
Realogy Holdings Corp.* | 31,350 | 571,197 | |
Regional Management Corp. | 2,790 | 129,847 | |
Reliant Bancorp, Inc. | 1,120 | 31,058 | |
Renasant Corp. | 9,703 | 388,120 | |
Republic Bancorp, Inc. - Class A | 1,110 | 51,204 | |
Riverview Bancorp, Inc. | 5,078 | 36,003 | |
S&T Bancorp, Inc. | 3,526 | 110,364 | |
Safety Insurance Group, Inc. | 870 | 68,104 | |
Sandy Spring Bancorp, Inc. | 4,031 | 177,888 | |
Sculptor Capital Management, Inc. | 1,120 | 27,541 | |
Seacoast Banking Corp. of Florida | 3,525 | 120,379 | |
Selective Insurance Group, Inc. | 1,683 | 136,575 | |
ServisFirst Bancshares, Inc. | 290 | 19,714 | |
Sierra Bancorp | 3,400 | 86,530 | |
Simmons First National Corp. - Class A | 15,604 | 457,821 | |
SiriusPoint Ltd.* | 14,940 | 150,446 | |
South State Corp. | 4,261 | 348,379 | |
Southside Bancshares, Inc. | 3,476 | 132,887 | |
Spirit of Texas Bancshares, Inc. | 1,200 | 27,408 | |
State Auto Financial Corp. | 2,170 | 37,150 | |
Sterling Bancorp | 28,776 | 713,357 | |
Stewart Information Services Corp. | 1,680 | 95,239 | |
Stifel Financial Corp. | 7,110 | 461,155 | |
Stock Yards Bancorp, Inc. | 1,590 | 80,915 | |
Stratus Properties, Inc.* | 1,100 | 27,137 | |
Summit Financial Group, Inc. | 801 | 17,630 | |
Synovus Financial Corp. | 3,960 | 173,765 | |
Texas Capital Bancshares, Inc.* | 5,390 | 342,211 | |
Timberland Bancorp, Inc. | 1,578 | 44,373 | |
Tiptree, Inc. | 3,920 | 36,456 | |
Tompkins Financial Corp. | 329 | 25,517 | |
Towne Bank/Portsmouth VA | 1,212 | 36,869 | |
TriCo Bancshares | 1,445 | 61,528 | |
TriState Capital Holdings, Inc.* | 1,280 | 26,099 | |
Triumph Bancorp, Inc.* | 1,870 | 138,847 | |
Trustmark Corp. | 7,130 | 219,604 | |
Umpqua Holdings Corp. | 22,284 | 411,140 | |
United Bankshares, Inc. | 8,336 | 304,264 | |
United Community Banks, Inc. | 5,450 | 174,454 | |
United Fire Group, Inc. | 5,510 | 152,792 | |
Unity Bancorp, Inc. | 1,193 | 26,306 | |
Univest Financial Corp. | 5,540 | 146,090 | |
Unum Group | 3,220 | 91,448 | |
Valley National Bancorp | 14,843 | 199,341 | |
Veritex Holdings, Inc. | 3,840 | 135,974 | |
Virtus Investment Partners, Inc. | 220 | 61,109 | |
Walker & Dunlop, Inc. | 2,680 | 279,738 | |
Washington Federal, Inc. | 19,350 | 614,943 | |
Washington Trust Bancorp, Inc. | 620 | 31,837 | |
Waterstone Financial, Inc. | 3,414 | 67,119 | |
Webster Financial Corp. | 1,240 | 66,142 |
6
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2021 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
FINANCIAL (Continued) | |||
WesBanco, Inc. | 11,601 | $413,344 | |
Western New England Bancorp, Inc. | 7,980 | 65,037 | |
White Mountains Insurance Group Ltd. | 120 | 137,764 | |
Wintrust Financial Corp. | 3,805 | 287,772 | |
WisdomTree Investments, Inc. | 7,880 | 48,856 | |
World Acceptance Corp.*1 | 710 | 113,770 | |
WSFS Financial Corp. | 4,266 | 198,753 | |
40,006,227 | |||
INDUSTRIAL — 15.1% | |||
AAR Corp.* | 8,900 | 344,875 | |
Acuity Brands, Inc. | 650 | 121,570 | |
Advanced Emissions Solutions, Inc.* | 2,300 | 17,043 | |
AGCO Corp. | 880 | 114,734 | |
Alamo Group, Inc. | 120 | 18,322 | |
Albany International Corp. - Class A | 360 | 32,134 | |
Altra Industrial Motion Corp. | 1,120 | 72,822 | |
American Outdoor Brands, Inc.* | 3,547 | 124,642 | |
Apogee Enterprises, Inc. | 1,600 | 65,168 | |
Applied Optoelectronics, Inc.* | 4,080 | 34,558 | |
ArcBest Corp. | 7,820 | 455,046 | |
Arcosa, Inc. | 440 | 25,846 | |
Armstrong World Industries, Inc. | 410 | 43,977 | |
Astec Industries, Inc. | 2,997 | 188,631 | |
Atkore, Inc.* | 320 | 22,720 | |
Atlas Air Worldwide Holdings, Inc.* | 6,710 | 457,018 | |
Avnet, Inc. | 3,996 | 160,160 | |
AZZ, Inc. | 1,200 | 62,136 | |
Barnes Group, Inc. | 8,400 | 430,500 | |
Benchmark Electronics, Inc. | 8,830 | 251,302 | |
Bio-key International, Inc.*1 | 6,570 | 24,966 | |
Boise Cascade Co. | 7,250 | 423,037 | |
Brady Corp. - Class A | 1,565 | 87,703 | |
Builders FirstSource, Inc.* | 9,023 | 384,921 | |
Cactus, Inc. - Class A | 570 | 20,930 | |
Chart Industries, Inc.* | 1,525 | 223,138 | |
CIRCOR International, Inc.* | 1,980 | 64,548 | |
Colfax Corp.* | 17,650 | 808,546 | |
Columbus McKinnon Corp. | 2,190 | 105,646 | |
Comfort Systems USA, Inc. | 640 | 50,426 | |
Comtech Telecommunications Corp. | 4,980 | 120,317 | |
Concrete Pumping Holdings, Inc.* | 16,020 | 135,689 | |
Core Molding Technologies, Inc.* | 2,200 | 33,946 | |
Cornerstone Building Brands, Inc.* | 17,590 | 319,786 | |
Costamare, Inc. | 19,340 | 228,405 | |
Covenant Logistics Group, Inc.* | 2,872 | 59,393 | |
Curtiss-Wright Corp. | 285 | 33,847 | |
DHT Holdings, Inc. | 13,550 | 87,940 | |
Diamond S Shipping, Inc.* | 6,350 | 63,246 | |
Dorian LPG Ltd.* | 10,201 | 144,038 | |
Ducommun, Inc.* | 1,372 | 74,856 | |
DXP Enterprises, Inc.* | 1,280 | 42,624 | |
Dycom Industries, Inc.* | 3,270 | 243,713 | |
Eagle Bulk Shipping, Inc.* | 970 | 45,900 | |
Eastern Co. | 1,030 | 31,240 | |
Echo Global Logistics, Inc.* | 4,340 | 133,412 | |
EMCOR Group, Inc. | 1,320 | 162,611 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
INDUSTRIAL (Continued) | |||
Encore Wire Corp. | 4,970 | $376,676 | |
Energous Corp.*1 | 12,720 | 36,506 | |
EnPro Industries, Inc. | 2,410 | 234,132 | |
ESCO Technologies, Inc. | 1,910 | 179,177 | |
Federal Signal Corp. | 1,980 | 79,655 | |
Fortress Transportation and Infrastructure Investors LLC | 2,875 | 96,456 | |
Frontline Ltd./Bermuda1 | 6,230 | 56,070 | |
Gates Industrial Corp. PLC* | 2,060 | 37,224 | |
GATX Corp.1 | 7,895 | 698,471 | |
Genco Shipping & Trading Ltd. | 3,580 | 67,590 | |
Generac Holdings, Inc.* | 895 | 371,559 | |
Gibraltar Industries, Inc.* | 1,730 | 132,016 | |
Granite Construction, Inc. | 4,965 | 206,196 | |
Great Lakes Dredge & Dock Corp.* | 7,590 | 110,890 | |
Greenbrier Cos., Inc. | 7,120 | 310,290 | |
Greif, Inc. - Class A1 | 5,350 | 323,942 | |
Griffon Corp. | 6,850 | 175,566 | |
Harsco Corp.* | 3,120 | 63,710 | |
Haynes International, Inc. | 2,920 | 103,310 | |
Heritage-Crystal Clean, Inc.* | 2,120 | 62,922 | |
Hillenbrand, Inc. | 3,237 | 142,687 | |
Hub Group, Inc. - Class A* | 7,580 | 500,128 | |
Hurco Cos., Inc. | 762 | 26,670 | |
Hyster-Yale Materials Handling, Inc. | 1,610 | 117,498 | |
Insteel Industries, Inc. | 1,110 | 35,687 | |
JELD-WEN Holding, Inc.* | 2,050 | 53,833 | |
Kadant, Inc. | 280 | 49,305 | |
Kaman Corp. | 830 | 41,832 | |
Kennametal, Inc. | 1,200 | 43,104 | |
Kimball Electronics, Inc.* | 6,580 | 143,049 | |
Kirby Corp.* | 790 | 47,906 | |
Knowles Corp.* | 16,515 | 326,006 | |
L B Foster Co. - Class A* | 900 | 16,776 | |
Louisiana-Pacific Corp. | 3,849 | 232,056 | |
LS Starrett Co. - Class A* | 6,510 | 60,803 | |
Lydall, Inc.* | 4,378 | 264,957 | |
Manitowoc Co., Inc.* | 8,260 | 202,370 | |
Marten Transport Ltd. | 12,365 | 203,899 | |
MasTec, Inc.* | 2,660 | 282,226 | |
Materion Corp. | 3,460 | 260,711 | |
Matson, Inc. | 2,530 | 161,920 | |
Matthews International Corp. - Class A | 2,370 | 85,225 | |
Moog, Inc. - Class A | 2,145 | 180,309 | |
MYR Group, Inc.* | 4,710 | 428,233 | |
National Presto Industries, Inc. | 220 | 22,363 | |
NN, Inc.* | 5,840 | 42,924 | |
Northwest Pipe Co.* | 760 | 21,470 | |
nVent Electric PLC | 3,420 | 106,841 | |
O-I Glass, Inc.* | 5,180 | 84,589 | |
Olympic Steel, Inc. | 2,369 | 69,625 | |
Oshkosh Corp. | 440 | 54,842 | |
Overseas Shipholding Group, Inc. - Class A* | 9,780 | 20,440 | |
PAM Transportation Services, Inc.* | 1,156 | 60,979 | |
Pangaea Logistics Solutions Ltd. | 6,440 | 32,329 |
7
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2021 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
INDUSTRIAL (Continued) | |||
Park-Ohio Holdings Corp. | 2,180 | $70,065 | |
Plexus Corp.* | 3,855 | 352,386 | |
Powell Industries, Inc. | 980 | 30,331 | |
Primoris Services Corp. | 3,850 | 113,306 | |
Proto Labs, Inc.* | 350 | 32,130 | |
Regal Beloit Corp. | 4,880 | 651,529 | |
Rexnord Corp. | 2,560 | 128,102 | |
Ryder System, Inc. | 530 | 39,395 | |
Ryerson Holding Corp.* | 4,850 | 70,810 | |
Safe Bulkers, Inc.* | 16,230 | 65,082 | |
Saia, Inc.* | 330 | 69,132 | |
Sanmina Corp.* | 16,090 | 626,866 | |
Schneider National, Inc. - Class B | 3,810 | 82,944 | |
Scorpio Tankers, Inc. | 5,400 | 119,070 | |
SFL Corp. Ltd. | 11,735 | 89,773 | |
SiNtx Technologies, Inc.* | 13,300 | 25,536 | |
Smith & Wesson Brands, Inc. | 9,535 | 330,864 | |
Spirit AeroSystems Holdings, Inc. - Class A | 1,920 | 90,605 | |
SPX FLOW, Inc. | 3,700 | 241,388 | |
Standex International Corp. | 590 | 55,997 | |
Sterling Construction Co., Inc.* | 1,860 | 44,882 | |
Sturm Ruger & Co., Inc. | 710 | 63,886 | |
Summit Materials, Inc. - Class A* | 15,450 | 538,432 | |
Synalloy Corp.* | 3,180 | 31,768 | |
SYNNEX Corp. | 2,855 | 347,625 | |
Tecnoglass, Inc. | 3,670 | 78,538 | |
Teekay Corp.*1 | 9,830 | 36,568 | |
Terex Corp. | 6,025 | 286,910 | |
Thermon Group Holdings, Inc.* | 4,500 | 76,680 | |
Timken Co. | 1,350 | 108,797 | |
TimkenSteel Corp.* | 6,250 | 88,438 | |
TopBuild Corp.* | 291 | 57,554 | |
Tredegar Corp. | 5,092 | 70,117 | |
TriMas Corp.* | 4,440 | 134,665 | |
Trinity Industries, Inc. | 13,905 | 373,905 | |
Trinseo S.A. | 3,660 | 219,014 | |
Triumph Group, Inc.* | 3,940 | 81,755 | |
TTM Technologies, Inc.* | 25,324 | 362,133 | |
Turtle Beach Corp.* | 650 | 20,748 | |
Tutor Perini Corp.* | 4,120 | 57,062 | |
U.S. Concrete, Inc.* | 2,315 | 170,847 | |
U.S. Xpress Enterprises, Inc. - Class A* | 5,255 | 45,193 | |
UFP Industries, Inc. | 8,010 | 595,463 | |
Vishay Intertechnology, Inc. | 25,200 | 568,260 | |
Vishay Precision Group, Inc.* | 1,600 | 54,464 | |
Watts Water Technologies, Inc. - Class A | 820 | 119,646 | |
Welbilt, Inc.* | 4,505 | 104,291 | |
Werner Enterprises, Inc. | 7,660 | 341,023 | |
Willis Lease Finance Corp.* | 1,720 | 73,719 | |
WillScot Mobile Mini Holdings Corp.* | 16,184 | 451,048 | |
Worthington Industries, Inc. | 690 | 42,214 | |
Yellow Corp.* | 5,220 | 33,982 | |
24,308,916 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
TECHNOLOGY — 4.6% | |||
3D Systems Corp.* | 1,670 | $66,750 | |
Allscripts Healthcare Solutions, Inc.* | 14,020 | 259,510 | |
Alpha & Omega Semiconductor Ltd.* | 4,900 | 148,911 | |
Amkor Technology, Inc. | 48,840 | 1,156,043 | |
AstroNova, Inc.* | 1,500 | 20,880 | |
Avaya Holdings Corp.* | 4,810 | 129,389 | |
AXT, Inc.* | 4,640 | 50,947 | |
BM Technologies, Inc.* | 889 | 11,059 | |
Brooks Automation, Inc. | 480 | 45,734 | |
CACI International, Inc. - Class A* | 1,520 | 387,782 | |
Cohu, Inc.* | 3,212 | 118,170 | |
Concentrix Corp.* | 1,745 | 280,596 | |
Conduent, Inc.* | 4,100 | 30,750 | |
CTS Corp. | 2,220 | 82,495 | |
Daily Journal Corp.* | 100 | 33,850 | |
Digi International, Inc.* | 4,485 | 90,193 | |
Diodes, Inc.* | 4,535 | 361,757 | |
Donnelley Financial Solutions, Inc.* | 3,770 | 124,410 | |
Ebix, Inc. | 1,000 | 33,900 | |
EMCORE Corp.* | 4,290 | 39,554 | |
Evolent Health, Inc. - Class A* | 2,480 | 52,378 | |
ExlService Holdings, Inc.* | 410 | 43,567 | |
Inovalon Holdings, Inc. - Class A* | 2,520 | 85,882 | |
Insight Enterprises, Inc.* | 8,265 | 826,583 | |
KBR, Inc. | 1,590 | 60,659 | |
Kulicke & Soffa Industries, Inc. | 7,468 | 457,042 | |
ManTech International Corp. - Class A | 4,673 | 404,401 | |
Mitek Systems, Inc.* | 2,040 | 39,290 | |
NetScout Systems, Inc.* | 8,320 | 237,453 | |
NextGen Healthcare, Inc.* | 820 | 13,604 | |
Onto Innovation, Inc.* | 2,649 | 193,483 | |
Photronics, Inc.* | 10,190 | 134,610 | |
Rambus, Inc.* | 2,165 | 51,332 | |
Richardson Electronics Ltd./United States | 1,910 | 15,872 | |
Stratasys Ltd.* | 1,290 | 33,359 | |
Super Micro Computer, Inc.* | 2,930 | 103,077 | |
Sykes Enterprises, Inc.* | 9,267 | 497,638 | |
Synaptics, Inc.* | 460 | 71,567 | |
TTEC Holdings, Inc. | 570 | 58,761 | |
Ultra Clean Holdings, Inc.* | 2,880 | 154,714 | |
Veeco Instruments, Inc.* | 960 | 23,078 | |
Vislink Technologies, Inc.*1 | 6,170 | 17,585 | |
Xerox Holdings Corp. | 1,280 | 30,067 | |
Xperi Holding Corp. | 10,909 | 242,616 | |
7,321,298 | |||
UTILITIES — 0.1% | |||
Ameresco, Inc. - Class A* | 2,993 | 187,721 | |
TOTAL COMMON STOCKS | |||
(Cost $85,201,010) | 149,533,957 |
8
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2021 (Unaudited)
Number of Shares | Value | ||
WARRANTS — 0.0% | |||
ENERGY — 0.0% | |||
Nabors Industries Ltd., Expiration Date: June 11, 2026* | 516 | $— | |
TOTAL WARRANTS | |||
(Cost $0) | — | ||
PREFERRED STOCKS — 0.1% | |||
CONSUMER, CYCLICAL — 0.1% | |||
Qurate Retail, Inc. 8.00%, 3/15/20312 | 274 | 29,661 | |
WESCO International, Inc. 10.62%2,3,4 | 5,008 | 154,697 | |
184,358 | |||
INDUSTRIAL — 0.0% | |||
Steel Partners Holdings LP 6.00%, 2/7/20262 | 1,855 | 43,388 | |
TOTAL PREFERRED STOCKS | |||
(Cost $188,490) | 227,746 | ||
EXCHANGE-TRADED FUNDS — 2.6% | |||
Direxion Daily Pharmaceutical & Medical Bull 3X Shares - ETF* | 1,422 | 33,645 | |
Direxion Daily Regional Banks Bull 3x Shares - ETF1 | 2,347 | 500,615 | |
Direxion Daily Retail Bull 3X Shares - ETF | 645 | 156,580 | |
Direxion Daily S&P Biotech Bull 3X Shares - ETF* | 3,150 | 231,998 | |
Direxion Daily Small Cap Bull 3X Shares - ETF1 | 9,160 | 896,672 | |
iShares Russell 2000 Value ETF | 5,415 | 897,645 | |
SPDR S&P Metals & Mining ETF1 | 7,270 | 313,046 | |
SPDR S&P Oil & Gas Equipment & Services ETF1 | 3,890 | 241,024 | |
SPDR S&P Regional Banking ETF1 | 13,430 | 880,068 | |
TOTAL EXCHANGE-TRADED FUNDS | |||
(Cost $2,218,422) | 4,151,293 | ||
RIGHTS — 0.0% | |||
CONSUMER, NON-CYCLICAL — 0.0% | |||
Elanco Animal Health, Inc.*5 | 3,800 | — | |
TOTAL RIGHTS | |||
(Cost $0) | — | ||
MONEY MARKET INVESTMENTS — 7.4% | |||
Blackrock Liquidity Funds FedFund- Class Institutional, 0.02%3,6 | 5,298,640 | 5,298,640 |
Number of Shares | Value | ||
MONEY MARKET INVESTMENTS (Continued) | |||
Federated Treasury Obligations Fund- Class Institutional, 0.01%3,7 | 6,586,682 | $6,586,682 | |
TOTAL MONEY MARKET INVESTMENTS | |||
(Cost $11,885,322) | 11,885,322 | ||
TOTAL INVESTMENTS — 103.2% | |||
(Cost $99,493,244) | 165,798,318 | ||
Liabilities less other assets — (3.2)% | (5,213,811) | ||
TOTAL NET ASSETS — 100.0% | $160,584,507 |
LLC – Limited Liability Company |
LP – Limited Partnership |
PLC – Public Limited Company |
*Non-income producing security. |
1All or a portion of shares are on loan. Total loaned securities had a fair value of $5,144,911 at June 30, 2021. |
2Callable. |
3Variable rate security; the rate shown represents the rate at June 30, 2021. |
4Perpetual security; maturity date is not applicable. |
5Security valued at fair value as determined by the investment adviser under the supervision of the Board of Trustees. Value determined using significant unobservable inputs. |
6Investments purchased with cash proceeds from securities lending. Total collateral had a fair value of $5,298,640 at June 30, 2021. |
7All or a portion of this security is segregated as collateral for options contracts. The total value of these securities is $500,000 June 30, 2021. |
9