VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS
As of June 30, 2022 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS — 88.9% | |||
BASIC MATERIALS — 5.0% | |||
AdvanSix, Inc. | 4,482 | $149,878 | |
Alcoa Corp. | 16,640 | 758,451 | |
Allegheny Technologies, Inc.* | 13,885 | 315,328 | |
American Vanguard Corp. | 11,375 | 254,231 | |
Arconic Corp.* | 2,452 | 68,779 | |
Ashland Global Holdings, Inc. | 510 | 52,556 | |
Cabot Corp. | 3,490 | 222,627 | |
Carpenter Technology Corp. | 7,057 | 196,961 | |
Chemours Co. | 1,788 | 57,252 | |
Clearwater Paper Corp.* | 1,740 | 58,516 | |
Cleveland-Cliffs, Inc.* | 3,721 | 57,192 | |
Commercial Metals Co. | 24,280 | 803,668 | |
Ecovyst, Inc. | 7,110 | 70,034 | |
Element Solutions, Inc. | 50,030 | 890,534 | |
Friedman Industries, Inc. | 2,010 | 16,361 | |
Glatfelter Corp. | 6,270 | 43,138 | |
H.B. Fuller Co. | 2,640 | 158,954 | |
Hawkins, Inc. | 610 | 21,978 | |
Hecla Mining Co. | 59,678 | 233,938 | |
Huntsman Corp. | 9,525 | 270,034 | |
Innospec, Inc. | 940 | 90,043 | |
Intrepid Potash, Inc.* | 2,070 | 93,750 | |
Kaiser Aluminum Corp. | 315 | 24,913 | |
Kronos Worldwide, Inc. | 3,220 | 59,248 | |
Mercer International, Inc. | 16,850 | 221,578 | |
Minerals Technologies, Inc. | 4,340 | 266,216 | |
NewMarket Corp. | 112 | 33,708 | |
Olin Corp. | 16,435 | 760,612 | |
Rayonier Advanced Materials, Inc.* | 6,565 | 17,200 | |
Resolute Forest Products, Inc.* | 12,820 | 163,583 | |
Royal Gold, Inc. | 660 | 70,475 | |
Schnitzer Steel Industries, Inc. - Class A | 4,916 | 161,441 | |
Stepan Co. | 1,900 | 192,565 | |
Trinseo PLC | 1,100 | 42,306 | |
Tronox Holdings PLC | 15,810 | 265,608 | |
Unifi, Inc.* | 1,437 | 20,204 | |
United States Steel Corp. | 24,195 | 433,332 | |
Valhi, Inc. | 1,700 | 77,078 | |
7,694,270 | |||
COMMUNICATIONS — 1.6% | |||
AMC Networks, Inc. - Class A* | 1,480 | 43,098 | |
ATN International, Inc. | 1,449 | 67,973 | |
Bumble, Inc. - Class A* | 770 | 21,676 | |
Cars.com, Inc.* | 8,445 | 79,636 | |
Clearfield, Inc.* | 236 | 14,620 | |
Consolidated Communications Holdings, Inc.* | 6,720 | 47,040 | |
CuriosityStream, Inc.* | 9,000 | 15,210 | |
DHI Group, Inc.* | 5,380 | 26,739 | |
EchoStar Corp. - Class A* | 2,830 | 54,619 | |
Entravision Communications Corp. - Class A | 8,045 | 36,685 | |
ePlus, Inc.* | 1,860 | 98,803 | |
EW Scripps Co. - Class A* | 14,826 | 184,880 | |
Gannett Co., Inc.* | 6,124 | 17,760 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
COMMUNICATIONS (Continued) | |||
Gogo, Inc.* | 1,770 | $28,656 | |
Gray Television, Inc. | 20,260 | 342,191 | |
InterDigital, Inc. | 650 | 39,520 | |
Iridium Communications, Inc.* | 5,660 | 212,590 | |
Lands’ End, Inc.* | 2,950 | 31,329 | |
Maxar Technologies, Inc. | 4,870 | 127,058 | |
NETGEAR, Inc.* | 1,330 | 24,632 | |
Nexstar Media Group, Inc. - Class A | 290 | 47,235 | |
Poshmark, Inc. - Class A* | 2,790 | 28,207 | |
Preformed Line Products Co. | 310 | 19,065 | |
Saga Communications, Inc. - Class A | 1,430 | 35,536 | |
Scholastic Corp. | 8,690 | 312,579 | |
Shenandoah Telecommunications Co. | 1,480 | 32,856 | |
TEGNA, Inc. | 7,480 | 156,856 | |
Telephone and Data Systems, Inc. | 5,050 | 79,739 | |
Townsquare Media, Inc. - Class A* | 2,500 | 20,475 | |
United States Cellular Corp.* | 2,350 | 68,056 | |
Urban One, Inc.* | 3,860 | 21,076 | |
Value Line, Inc. | 329 | 21,730 | |
Viasat, Inc.* | 3,073 | 94,126 | |
World Wrestling Entertainment, Inc. - Class A | 750 | 46,867 | |
2,499,118 | |||
CONSUMER, CYCLICAL — 12.8% | |||
Abercrombie & Fitch Co. - Class A* | 13,025 | 220,383 | |
Academy Sports & Outdoors, Inc. | 2,408 | 85,580 | |
Acushnet Holdings Corp. | 2,185 | 91,071 | |
Adient PLC* | 2,860 | 84,742 | |
Aeva Technologies, Inc.* | 10,220 | 31,989 | |
Allegiant Travel Co.* | 415 | 46,932 | |
A-Mark Precious Metals, Inc. | 660 | 21,285 | |
American Axle & Manufacturing Holdings, Inc.* | 16,240 | 122,287 | |
America’s Car-Mart, Inc.* | 230 | 23,138 | |
Asbury Automotive Group, Inc.* | 1,365 | 231,149 | |
AutoNation, Inc.* | 7,239 | 809,031 | |
Avient Corp. | 2,360 | 94,589 | |
Barnes & Noble Education, Inc.* | 11,980 | 35,101 | |
Bassett Furniture Industries, Inc. | 2,160 | 39,139 | |
Beacon Roofing Supply, Inc.* | 12,000 | 616,320 | |
Beazer Homes USA, Inc.* | 2,840 | 34,279 | |
Big Lots, Inc. | 3,800 | 79,686 | |
Bloomin’ Brands, Inc. | 2,823 | 46,918 | |
Bluegreen Vacations Holding Corp. | 1,750 | 43,680 | |
BlueLinx Holdings, Inc.* | 940 | 62,801 | |
Boyd Gaming Corp. | 2,465 | 122,634 | |
Build-A-Bear Workshop, Inc. | 2,970 | 48,767 | |
Caleres, Inc. | 8,770 | 230,125 | |
Capri Holdings Ltd.* | 770 | 31,578 | |
Cato Corp. - Class A | 2,870 | 33,321 | |
Century Communities, Inc. | 7,277 | 327,247 | |
Chico’s FAS, Inc.* | 13,910 | 69,133 | |
Chuy’s Holdings, Inc.* | 1,310 | 26,095 | |
Cinemark Holdings, Inc.* | 2,120 | 31,842 | |
Conn’s, Inc.* | 3,530 | 28,311 |
1
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2022 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
CONSUMER, CYCLICAL (Continued) | |||
Container Store Group, Inc.* | 2,930 | $18,254 | |
Cooper-Standard Holdings, Inc.* | 5,690 | 28,393 | |
Dana, Inc. | 9,690 | 136,338 | |
Dave & Buster’s Entertainment, Inc.* | 984 | 32,256 | |
Delta Apparel, Inc.* | 1,180 | 33,477 | |
Designer Brands, Inc. - Class A | 4,415 | 57,660 | |
Dick’s Sporting Goods, Inc. | 3,030 | 228,371 | |
Dillard’s, Inc. - Class A | 3,881 | 856,032 | |
Dorman Products, Inc.* | 440 | 48,272 | |
Ethan Allen Interiors, Inc. | 7,700 | 155,617 | |
Everi Holdings, Inc.* | 2,570 | 41,917 | |
FirstCash Holdings, Inc. | 462 | 32,114 | |
Flexsteel Industries, Inc. | 780 | 14,040 | |
Foot Locker, Inc. | 9,520 | 240,380 | |
Fossil Group, Inc.* | 4,797 | 24,800 | |
Genesco, Inc.* | 2,830 | 141,245 | |
G-III Apparel Group Ltd.* | 13,130 | 265,620 | |
GMS, Inc.* | 9,090 | 404,505 | |
Golden Entertainment, Inc.* | 980 | 38,759 | |
Goodyear Tire & Rubber Co.* | 36,106 | 386,695 | |
Green Brick Partners, Inc.* | 3,298 | 64,542 | |
Group 1 Automotive, Inc. | 4,244 | 720,631 | |
Guess?, Inc. | 9,790 | 166,919 | |
H&E Equipment Services, Inc. | 2,695 | 78,074 | |
Hamilton Beach Brands Holding Co. - Class A | 2,891 | 35,877 | |
Haverty Furniture Cos., Inc. | 1,060 | 24,571 | |
Hawaiian Holdings, Inc.* | 1,952 | 27,933 | |
Healthcare Services Group, Inc. | 1,911 | 33,271 | |
Hibbett, Inc. | 1,290 | 56,386 | |
HNI Corp. | 840 | 29,140 | |
Hudson Technologies, Inc.* | 5,630 | 42,281 | |
Interface, Inc. | 6,990 | 87,655 | |
JetBlue Airways Corp.* | 5,002 | 41,867 | |
Johnson Outdoors, Inc. - Class A | 1,010 | 61,772 | |
KAR Auction Services, Inc.* | 10,764 | 158,984 | |
KB Home | 2,910 | 82,819 | |
Kohl’s Corp. | 2,870 | 102,430 | |
Landsea Homes Corp.* | 1,910 | 12,721 | |
La-Z-Boy, Inc. | 3,510 | 83,222 | |
LCI Industries | 315 | 35,242 | |
Lifetime Brands, Inc. | 2,090 | 23,074 | |
M/I Homes, Inc.* | 4,285 | 169,943 | |
Macy’s, Inc. | 19,960 | 365,667 | |
Malibu Boats, Inc. - Class A* | 595 | 31,362 | |
Marcus Corp.* | 1,660 | 24,518 | |
MarineMax, Inc.* | 2,840 | 102,581 | |
Marriott Vacations Worldwide Corp. | 2,410 | 280,042 | |
MDC Holdings, Inc. | 7,813 | 252,438 | |
Meritage Homes Corp.* | 6,446 | 467,335 | |
Methode Electronics, Inc. | 2,060 | 76,302 | |
Miller Industries, Inc. | 2,765 | 62,683 | |
Motorcar Parts of America, Inc.* | 4,900 | 64,288 | |
Movado Group, Inc. | 3,960 | 122,483 | |
Murphy USA, Inc. | 1,130 | 263,143 | |
National Vision Holdings, Inc.* | 2,310 | 63,525 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
CONSUMER, CYCLICAL (Continued) | |||
Nordstrom, Inc. | 1,716 | $36,259 | |
Nu Skin Enterprises, Inc. - Class A | 1,000 | 43,300 | |
ODP Corp.* | 11,760 | 355,622 | |
Oxford Industries, Inc. | 2,060 | 182,804 | |
PC Connection, Inc. | 4,362 | 192,146 | |
Penske Automotive Group, Inc. | 9,190 | 962,101 | |
PriceSmart, Inc. | 2,080 | 148,990 | |
PVH Corp. | 1,230 | 69,987 | |
RCI Hospitality Holdings, Inc. | 840 | 40,622 | |
Red Rock Resorts, Inc. - Class A | 542 | 18,081 | |
Resideo Technologies, Inc.* | 10,880 | 211,290 | |
REV Group, Inc. | 6,480 | 70,438 | |
Rocky Brands, Inc. | 1,710 | 58,448 | |
Rush Enterprises, Inc. - Class A | 9,615 | 463,443 | |
Rush Enterprises, Inc. - Class B | 4,575 | 226,966 | |
Ruth’s Hospitality Group, Inc. | 1,040 | 16,910 | |
ScanSource, Inc.* | 4,620 | 143,867 | |
Shoe Carnival, Inc. | 5,230 | 113,020 | |
Signet Jewelers Ltd. | 5,015 | 268,102 | |
Skechers USA, Inc. - Class A* | 2,660 | 94,643 | |
SkyWest, Inc.* | 11,555 | 245,544 | |
Sonic Automotive, Inc. - Class A | 4,140 | 151,648 | |
Spirit Airlines, Inc.* | 13,355 | 318,383 | |
Sportsman’s Warehouse Holdings, Inc.* | 3,210 | 30,784 | |
Standard Motor Products, Inc. | 1,860 | 83,681 | |
Steelcase, Inc. - Class A | 6,145 | 65,936 | |
Superior Group of Cos., Inc. | 1,880 | 33,370 | |
Tapestry, Inc. | 1,230 | 37,540 | |
Taylor Morrison Home Corp.* | 17,713 | 413,776 | |
Tenneco, Inc. - Class A* | 3,910 | 67,096 | |
Thor Industries, Inc. | 340 | 25,408 | |
Tilly’s, Inc. - Class A | 3,030 | 21,271 | |
Titan International, Inc.* | 9,250 | 139,675 | |
Titan Machinery, Inc.* | 7,450 | 166,954 | |
TravelCenters of America, Inc.* | 2,060 | 71,008 | |
Tri Pointe Homes, Inc.* | 23,150 | 390,540 | |
UniFirst Corp. | 600 | 103,308 | |
Univar Solutions, Inc.* | 9,530 | 237,011 | |
Urban Outfitters, Inc.* | 4,050 | 75,573 | |
Veritiv Corp.* | 4,153 | 450,808 | |
Vista Outdoor, Inc.* | 6,237 | 174,012 | |
VOXX International Corp.* | 6,670 | 62,098 | |
VSE Corp. | 1,160 | 43,593 | |
Wabash National Corp. | 5,280 | 71,702 | |
WESCO International, Inc.* | 9,838 | 1,053,650 | |
Winnebago Industries, Inc. | 1,660 | 80,610 | |
World Fuel Services Corp. | 5,900 | 120,714 | |
Zumiez, Inc.* | 4,920 | 127,920 | |
19,850,271 | |||
CONSUMER, NON-CYCLICAL — 11.7% | |||
2seventy bio, Inc.* | 2,510 | 33,132 | |
2U, Inc.* | 3,650 | 38,216 | |
Aaron’s Co., Inc. | 3,340 | 48,597 | |
ABM Industries, Inc. | 12,435 | 539,928 | |
Acadia Healthcare Co., Inc.* | 16,595 | 1,122,320 | |
ACCO Brands Corp. | 17,790 | 116,169 |
2
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2022 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
CONSUMER, NON-CYCLICAL (Continued) | |||
Adtalem Global Education, Inc.* | 12,210 | $439,194 | |
Alico, Inc. | 590 | 21,022 | |
American Public Education, Inc.* | 2,715 | 43,874 | |
Andersons, Inc. | 7,660 | 252,703 | |
AngioDynamics, Inc.* | 6,650 | 128,677 | |
ANI Pharmaceuticals, Inc.* | 1,190 | 35,307 | |
API Group Corp.* | 1,140 | 17,066 | |
Arcus Biosciences, Inc.* | 1,960 | 49,666 | |
Atara Biotherapeutics, Inc.* | 3,940 | 30,693 | |
Avanos Medical, Inc.* | 810 | 22,145 | |
Berkeley Lights, Inc.* | 2,830 | 14,065 | |
BioLife Solutions, Inc.* | 3,180 | 43,916 | |
Bioxcel Therapeutics, Inc.* | 4,110 | 54,252 | |
Bluebird Bio, Inc.* | 7,570 | 31,340 | |
Bright Health Group, Inc.* | 18,610 | 33,870 | |
BrightView Holdings, Inc.* | 2,580 | 30,960 | |
Brookdale Senior Living, Inc.* | 35,500 | 161,170 | |
Butterfly Network, Inc.* | 4,510 | 13,846 | |
C4 Therapeutics, Inc.* | 5,070 | 38,228 | |
Cal-Maine Foods, Inc. | 2,180 | 107,714 | |
Carriage Services, Inc. | 1,560 | 61,854 | |
CBIZ, Inc.* | 12,740 | 509,090 | |
Central Garden & Pet Co. - Class A* | 6,130 | 245,261 | |
Civeo Corp.* | 760 | 19,661 | |
Coty, Inc. - Class A* | 9,318 | 74,637 | |
Covetrus, Inc.* | 870 | 18,053 | |
CRA International, Inc. | 2,010 | 179,533 | |
Cross Country Healthcare, Inc.* | 2,520 | 52,492 | |
Darling Ingredients, Inc.* | 358 | 21,408 | |
Edgewell Personal Care Co. | 6,890 | 237,843 | |
Edgewise Therapeutics, Inc.* | 3,140 | 24,994 | |
Emergent BioSolutions, Inc.* | 3,224 | 100,073 | |
Ennis, Inc. | 5,900 | 119,357 | |
Ensign Group, Inc. | 920 | 67,592 | |
Flowers Foods, Inc. | 1,810 | 47,639 | |
FONAR Corp.* | 1,120 | 17,013 | |
Fresh Del Monte Produce, Inc. | 11,880 | 350,816 | |
FTI Consulting, Inc.* | 1,280 | 231,488 | |
Fulgent Genetics, Inc.* | 910 | 49,622 | |
Generation Bio Co.* | 4,700 | 30,832 | |
Graham Holdings Co. - Class B | 480 | 272,083 | |
Grand Canyon Education, Inc.* | 1,040 | 97,958 | |
Green Dot Corp. - Class A* | 2,950 | 74,075 | |
Grocery Outlet Holding Corp.* | 2,050 | 87,392 | |
Haemonetics Corp.* | 971 | 63,290 | |
Heidrick & Struggles International, Inc. | 3,730 | 120,703 | |
Herc Holdings, Inc. | 3,113 | 280,637 | |
Honest Co., Inc.* | 5,630 | 16,440 | |
Hostess Brands, Inc.* | 25,260 | 535,765 | |
Huron Consulting Group, Inc.* | 2,590 | 168,324 | |
I3 Verticals, Inc. - Class A* | 1,660 | 41,533 | |
ICF International, Inc. | 3,393 | 322,335 | |
Ingles Markets, Inc. - Class A | 4,770 | 413,797 | |
Ingredion, Inc. | 540 | 47,606 | |
Innoviva, Inc.* | 2,260 | 33,358 | |
Inovio Pharmaceuticals, Inc.* | 16,420 | 28,407 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
CONSUMER, NON-CYCLICAL (Continued) | |||
Insperity, Inc. | 1,070 | $106,818 | |
Integer Holdings Corp.* | 4,160 | 293,946 | |
Iovance Biotherapeutics, Inc.* | 4,670 | 51,557 | |
Kelly Services, Inc. - Class A | 9,830 | 194,929 | |
Kinnate Biopharma, Inc.* | 4,300 | 54,223 | |
Kodiak Sciences, Inc.* | 5,600 | 42,784 | |
Korn Ferry | 7,665 | 444,723 | |
Landec Corp.* | 3,050 | 30,409 | |
Laureate Education, Inc. | 9,280 | 107,370 | |
LifeStance Health Group, Inc.* | 5,330 | 29,635 | |
Lincoln Educational Services Corp.* | 3,480 | 21,959 | |
ManpowerGroup, Inc. | 990 | 75,646 | |
MEDNAX, Inc.* | 8,023 | 168,563 | |
Meridian Bioscience, Inc.* | 3,450 | 104,949 | |
Monte Rosa Therapeutics, Inc.* | 5,400 | 52,218 | |
Multiplan Corp.* | 29,426 | 161,549 | |
National HealthCare Corp. | 2,250 | 157,275 | |
Natural Grocers by Vitamin Cottage, Inc. | 3,810 | 60,770 | |
Nektar Therapeutics* | 33,420 | 126,996 | |
Nielsen Holdings PLC | 3,500 | 81,270 | |
Nurix Therapeutics, Inc.* | 2,750 | 34,843 | |
Orthofix Medical, Inc.* | 1,060 | 24,952 | |
Owens & Minor, Inc. | 9,680 | 304,436 | |
Patterson Cos., Inc. | 8,415 | 254,974 | |
Perdoceo Education Corp.* | 16,440 | 193,663 | |
Pilgrim’s Pride Corp.* | 5,510 | 172,077 | |
Post Holdings, Inc.* | 1,880 | 154,818 | |
Premier, Inc. - Class A | 1,320 | 47,098 | |
Prestige Consumer Healthcare, Inc.* | 7,195 | 423,066 | |
PTC Therapeutics, Inc.* | 1,390 | 55,683 | |
Quanex Building Products Corp. | 10,415 | 236,941 | |
RCM Technologies, Inc.* | 5,030 | 101,807 | |
Recursion Pharmaceuticals, Inc. - Class A* | 2,760 | 22,466 | |
REGENXBIO, Inc.* | 6,150 | 151,905 | |
Reynolds Consumer Products, Inc. | 1,211 | 33,024 | |
Sanderson Farms, Inc. | 370 | 79,746 | |
Satsuma Pharmaceuticals, Inc.* | 7,350 | 30,429 | |
Select Medical Holdings Corp. | 2,524 | 59,617 | |
Seneca Foods Corp. - Class A* | 1,510 | 83,865 | |
Simply Good Foods Co.* | 1,710 | 64,587 | |
SomaLogic, Inc.* | 4,450 | 20,114 | |
SpartanNash Co. | 10,343 | 312,048 | |
Spectrum Brands Holdings, Inc. | 2,870 | 235,397 | |
Sprouts Farmers Market, Inc.* | 1,688 | 42,740 | |
Strategic Education, Inc. | 1,230 | 86,813 | |
Stride, Inc.* | 9,495 | 387,301 | |
Supernus Pharmaceuticals, Inc.* | 2,100 | 60,732 | |
Textainer Group Holdings Ltd. | 9,985 | 273,689 | |
TreeHouse Foods, Inc.* | 2,957 | 123,662 | |
Triton International Ltd. | 16,945 | 892,154 | |
TrueBlue, Inc.* | 4,350 | 77,865 | |
U.S. Physical Therapy, Inc. | 350 | 38,220 | |
United Natural Foods, Inc.* | 17,310 | 682,014 | |
Universal Corp. | 400 | 24,200 | |
Vanda Pharmaceuticals, Inc.* | 4,520 | 49,268 |
3
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2022 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
CONSUMER, NON-CYCLICAL (Continued) | |||
Varex Imaging Corp.* | 2,920 | $62,459 | |
Vectrus, Inc.* | 1,180 | 39,483 | |
Viad Corp.* | 1,590 | 43,900 | |
Village Super Market, Inc. - Class A | 2,780 | 63,412 | |
WD-40 Co. | 240 | 48,326 | |
Weis Markets, Inc. | 7,949 | 592,518 | |
WillScot Mobile Mini Holdings Corp.* | 16,184 | 524,685 | |
Xencor, Inc.* | 3,330 | 91,142 | |
18,200,759 | |||
ENERGY — 14.0% | |||
Adams Resources & Energy, Inc. | 860 | 27,683 | |
Alpha Metallurgical Resources, Inc. | 3,254 | 420,189 | |
Amplify Energy Corp.* | 8,015 | 52,418 | |
Antero Midstream Corp. | 3,410 | 30,861 | |
Antero Resources Corp.* | 45,482 | 1,394,023 | |
APA Corp. | 4,350 | 151,815 | |
Arch Resources, Inc. | 2,940 | 420,685 | |
Archrock, Inc. | 28,440 | 235,199 | |
Array Technologies, Inc.* | 2,260 | 24,883 | |
Berry Corp. | 6,865 | 52,311 | |
Brigham Minerals, Inc. - Class A | 740 | 18,226 | |
Callon Petroleum Co.* | 1,813 | 71,070 | |
Centennial Resource Development, Inc. - Class A* | 24,815 | 148,394 | |
ChampionX Corp. | 1,530 | 30,371 | |
Chesapeake Energy Corp. | 3,810 | 308,991 | |
Civitas Resources, Inc. | 7,789 | 407,287 | |
CNX Resources Corp.* | 46,321 | 762,444 | |
Comstock Resources, Inc.* | 33,303 | 402,300 | |
CONSOL Energy, Inc.* | 9,716 | 479,776 | |
CVR Energy, Inc. | 12,429 | 416,371 | |
Delek U.S. Holdings, Inc.* | 12,226 | 315,920 | |
Devon Energy Corp. | 9,280 | 511,421 | |
Diamondback Energy, Inc. | 3,387 | 410,335 | |
Dril-Quip, Inc.* | 3,520 | 90,816 | |
EnLink Midstream LLC | 55,882 | 474,997 | |
EQT Corp. | 25,829 | 888,518 | |
Equitrans Midstream Corp. | 10,595 | 67,384 | |
FutureFuel Corp. | 5,210 | 37,929 | |
Green Plains, Inc.* | 5,344 | 145,196 | |
Hallador Energy Co.* | 9,020 | 48,798 | |
Helix Energy Solutions Group, Inc.* | 14,900 | 46,190 | |
Helmerich & Payne, Inc. | 19,756 | 850,693 | |
HF Sinclair Corp. | 3,625 | 163,705 | |
Kosmos Energy Ltd.* | 28,100 | 173,939 | |
Laredo Petroleum, Inc.* | 825 | 56,875 | |
Liberty Energy, Inc.* | 2,042 | 26,056 | |
Matador Resources Co. | 25,029 | 1,166,101 | |
MRC Global, Inc.* | 6,810 | 67,828 | |
Murphy Oil Corp. | 33,705 | 1,017,554 | |
Nabors Industries Ltd.* | 2,171 | 290,697 | |
NACCO Industries, Inc. - Class A | 2,220 | 84,138 | |
Natural Gas Services Group, Inc.* | 2,560 | 28,160 | |
Newpark Resources, Inc.* | 10,055 | 31,070 | |
NexTier Oilfield Solutions, Inc.* | 3,500 | 33,285 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
ENERGY (Continued) | |||
Northern Oil and Gas, Inc. | 2,835 | $71,612 | |
NOV, Inc. | 7,460 | 126,149 | |
NOW, Inc.* | 10,415 | 101,859 | |
Oasis Petroleum, Inc. | 370 | 45,010 | |
Oceaneering International, Inc.* | 6,387 | 68,213 | |
Oil States International, Inc.* | 4,195 | 22,737 | |
Ovintiv, Inc. | 4,062 | 179,500 | |
Patterson-UTI Energy, Inc. | 44,473 | 700,894 | |
PBF Energy, Inc. - Class A* | 33,497 | 972,083 | |
PDC Energy, Inc. | 21,823 | 1,344,515 | |
Peabody Energy Corp.* | 18,393 | 392,323 | |
Pioneer Natural Resources Co. | 908 | 202,557 | |
ProPetro Holding Corp.* | 15,100 | 151,000 | |
Ramaco Resources, Inc. | 2,665 | 35,045 | |
Range Resources Corp.* | 29,028 | 718,443 | |
Ranger Oil Corp. - Class A* | 1,875 | 61,631 | |
Ring Energy, Inc.* | 6,320 | 16,811 | |
RPC, Inc.* | 20,350 | 140,618 | |
SandRidge Energy, Inc.* | 1,860 | 29,146 | |
Select Energy Services, Inc. - Class A* | 4,261 | 29,060 | |
SilverBow Resources, Inc.* | 1,950 | 55,302 | |
SM Energy Co. | 23,973 | 819,637 | |
Solaris Oilfield Infrastructure, Inc. - Class A | 9,420 | 102,490 | |
SunCoke Energy, Inc. | 20,470 | 139,401 | |
Sunrun, Inc.* | 1,270 | 29,667 | |
Talos Energy, Inc.* | 12,443 | 192,493 | |
Targa Resources Corp. | 6,510 | 388,452 | |
TETRA Technologies, Inc.* | 5,750 | 23,345 | |
Tidewater, Inc.* | 1,290 | 27,206 | |
Transocean Ltd.* | 50,725 | 168,914 | |
U.S. Silica Holdings, Inc.* | 16,839 | 192,301 | |
VAALCO Energy, Inc. | 11,770 | 81,684 | |
Valaris Ltd.* | 530 | 22,387 | |
Vertex Energy, Inc.* | 8,340 | 87,737 | |
Warrior Met Coal, Inc. | 12,445 | 380,941 | |
Whiting Petroleum Corp. | 9,330 | 634,720 | |
21,638,785 | |||
FINANCIAL — 26.0% | |||
1st Source Corp. | 4,412 | 200,305 | |
Air Lease Corp. | 18,764 | 627,281 | |
Allegiance Bancshares, Inc. | 2,180 | 82,317 | |
Amalgamated Financial Corp. | 4,710 | 93,164 | |
Ambac Financial Group, Inc.* | 4,100 | 46,535 | |
Amerant Bancorp, Inc. | 4,490 | 126,259 | |
American Equity Investment Life Holding Co. | 29,842 | 1,091,322 | |
American National Bankshares, Inc. | 1,050 | 36,340 | |
Ameris Bancorp | 2,705 | 108,687 | |
AMERISAFE, Inc. | 930 | 48,369 | |
Anywhere Real Estate, Inc.* | 15,560 | 152,955 | |
Argo Group International Holdings Ltd. | 5,128 | 189,018 | |
Associated Banc-Corp | 17,403 | 317,779 | |
Assured Guaranty Ltd. | 4,425 | 246,871 | |
Atlantic Union Bankshares Corp. | 13,653 | 463,110 |
4
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2022 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
FINANCIAL (Continued) | |||
Axis Capital Holdings Ltd. | 5,980 | $341,398 | |
Axos Financial, Inc.* | 5,730 | 205,420 | |
Banc of California, Inc. | 11,460 | 201,925 | |
BancFirst Corp. | 994 | 95,136 | |
Bancorp, Inc.* | 2,397 | 46,789 | |
Bank of NT Butterfield & Son Ltd. | 910 | 28,383 | |
Bank OZK | 11,140 | 418,084 | |
Bank7 Corp. | 1,410 | 32,204 | |
BankFinancial Corp. | 3,130 | 29,391 | |
BankUnited, Inc. | 10,020 | 356,411 | |
Bankwell Financial Group, Inc. | 515 | 15,991 | |
Banner Corp. | 7,600 | 427,196 | |
Bar Harbor Bankshares | 2,360 | 61,030 | |
BCB Bancorp, Inc. | 3,960 | 67,439 | |
Berkshire Hills Bancorp, Inc. | 8,586 | 212,675 | |
Blucora, Inc.* | 5,410 | 99,869 | |
Bread Financial Holdings, Inc. | 750 | 27,795 | |
Bridgewater Bancshares, Inc.* | 1,870 | 30,182 | |
Brighthouse Financial, Inc.* | 6,157 | 252,560 | |
Brookline Bancorp, Inc. | 11,665 | 155,261 | |
Business First Bancshares, Inc. | 1,650 | 35,161 | |
Byline Bancorp, Inc. | 4,790 | 114,002 | |
Cadence Bank | 14,881 | 349,406 | |
Camden National Corp. | 691 | 30,439 | |
Capital City Bank Group, Inc. | 1,310 | 36,536 | |
Carter Bankshares, Inc.* | 2,560 | 33,792 | |
Cathay General Bancorp | 8,740 | 342,171 | |
Central Pacific Financial Corp. | 3,570 | 76,576 | |
Central Valley Community Bancorp | 1,800 | 26,100 | |
Chemung Financial Corp. | 680 | 31,960 | |
Citizens Community Bancorp, Inc. | 1,890 | 26,139 | |
Citizens Financial Group, Inc. | 1,639 | 58,496 | |
City Holding Co. | 1,609 | 128,527 | |
CNB Financial Corp. | 2,560 | 61,926 | |
CNO Financial Group, Inc. | 29,507 | 533,782 | |
Columbia Banking System, Inc. | 3,430 | 98,269 | |
Community Bank System, Inc. | 2,342 | 148,202 | |
Community Trust Bancorp, Inc. | 1,470 | 59,447 | |
ConnectOne Bancorp, Inc. | 6,500 | 158,925 | |
Consumer Portfolio Services, Inc.* | 4,840 | 49,610 | |
Cowen, Inc. - Class A | 7,930 | 187,862 | |
Customers Bancorp, Inc.* | 9,300 | 315,270 | |
CVB Financial Corp. | 9,500 | 235,695 | |
Diamond Hill Investment Group, Inc. | 210 | 36,464 | |
Dime Community Bancshares, Inc. | 5,499 | 163,045 | |
Donegal Group, Inc. - Class A | 1,421 | 24,228 | |
Eagle Bancorp, Inc. | 1,897 | 89,937 | |
Employers Holdings, Inc. | 7,689 | 322,092 | |
Enact Holdings, Inc. | 1,603 | 34,432 | |
Encore Capital Group, Inc.* | 5,010 | 289,428 | |
Enova International, Inc.* | 1,125 | 32,423 | |
Enstar Group Ltd.* | 730 | 156,205 | |
Enterprise Financial Services Corp. | 1,423 | 59,054 | |
Equity Bancshares, Inc. - Class A | 750 | 21,870 | |
Esquire Financial Holdings, Inc. | 959 | 31,935 | |
ESSA Bancorp, Inc. | 1,880 | 31,584 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
FINANCIAL (Continued) | |||
Essent Group Ltd. | 3,147 | $122,418 | |
EZCORP, Inc. - Class A* | 9,420 | 70,744 | |
FB Financial Corp. | 672 | 26,356 | |
Federal Agricultural Mortgage Corp. - Class C | 1,238 | 120,891 | |
Financial Institutions, Inc. | 4,410 | 114,748 | |
First BanCorp/Puerto Rico | 70,230 | 906,669 | |
First Bancorp/Southern Pines NC | 2,604 | 90,880 | |
First Bancshares, Inc. | 566 | 16,188 | |
First Bank/Hamilton NJ | 2,360 | 32,993 | |
First Busey Corp. | 5,489 | 125,424 | |
First Business Financial Services, Inc. | 1,320 | 41,171 | |
First Citizens BancShares, Inc. - Class A | 168 | 109,835 | |
First Commonwealth Financial Corp. | 20,070 | 269,339 | |
First Community Bankshares, Inc. | 1,030 | 30,292 | |
First Financial Bancorp | 15,743 | 305,414 | |
First Financial Bankshares, Inc. | 3,903 | 153,271 | |
First Financial Corp. | 1,311 | 58,339 | |
First Financial Northwest, Inc. | 2,600 | 40,404 | |
First Foundation, Inc. | 1,660 | 33,997 | |
First Horizon Corp. | 19,892 | 434,839 | |
First Internet Bancorp | 1,790 | 65,908 | |
First Interstate BancSystem, Inc. - Class A | 9,496 | 361,893 | |
First Merchants Corp. | 3,710 | 132,150 | |
First Mid Bancshares, Inc. | 732 | 26,110 | |
Flagstar Bancorp, Inc. | 13,170 | 466,876 | |
Flushing Financial Corp. | 5,360 | 113,954 | |
FNB Corp. | 25,307 | 274,834 | |
FRP Holdings, Inc.* | 1,070 | 64,574 | |
Fulton Financial Corp. | 35,537 | 513,510 | |
Genworth Financial, Inc. - Class A* | 67,075 | 236,775 | |
Glacier Bancorp, Inc. | 3,330 | 157,909 | |
Global Indemnity Group LLC - Class A | 1,800 | 46,566 | |
Great Southern Bancorp, Inc. | 1,025 | 60,024 | |
Guaranty Bancshares, Inc. | 860 | 31,175 | |
Hancock Whitney Corp. | 12,610 | 559,001 | |
Hanmi Financial Corp. | 9,080 | 203,755 | |
Hanover Insurance Group, Inc. | 1,320 | 193,050 | |
HarborOne Bancorp, Inc. | 1,720 | 23,719 | |
Heartland Financial USA, Inc. | 2,500 | 103,850 | |
Heritage Commerce Corp. | 3,320 | 35,491 | |
Heritage Financial Corp. | 1,618 | 40,709 | |
Hilltop Holdings, Inc. | 9,967 | 265,720 | |
Home Bancorp, Inc. | 940 | 32,082 | |
HomeStreet, Inc. | 5,890 | 204,206 | |
HomeTrust Bancshares, Inc. | 1,340 | 33,500 | |
Hope Bancorp, Inc. | 19,307 | 267,209 | |
Horace Mann Educators Corp. | 10,571 | 405,715 | |
Horizon Bancorp, Inc. | 4,871 | 84,853 | |
Howard Hughes Corp.* | 2,225 | 151,411 | |
Huntington Bancshares, Inc. | 5,554 | 66,815 | |
Independent Bank Corp. | 1,395 | 110,805 | |
Independent Bank Group, Inc. | 7,595 | 515,776 | |
International Bancshares Corp. | 13,840 | 554,707 | |
Invesco Ltd. | 2,240 | 36,131 |
5
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2022 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
FINANCIAL (Continued) | |||
Janus Henderson Group PLC | 5,055 | $118,843 | |
Kearny Financial Corp. | 12,332 | 137,009 | |
Kemper Corp. | 2,931 | 140,395 | |
Lakeland Bancorp, Inc. | 9,005 | 131,653 | |
Lakeland Financial Corp. | 1,655 | 109,925 | |
LPL Financial Holdings, Inc. | 540 | 99,619 | |
Luther Burbank Corp. | 2,570 | 33,538 | |
Marcus & Millichap, Inc. | 1,430 | 52,896 | |
MBIA, Inc.* | 3,030 | 37,420 | |
McGrath RentCorp | 3,545 | 269,420 | |
Mercantile Bank Corp. | 1,560 | 49,842 | |
Merchants Bancorp | 3,640 | 82,519 | |
Meridian Corp. | 1,190 | 36,057 | |
Meta Financial Group, Inc. | 4,985 | 192,770 | |
Metropolitan Bank Holding Corp.* | 810 | 56,230 | |
MGIC Investment Corp. | 12,401 | 156,253 | |
Middlefield Banc Corp. | 1,400 | 35,280 | |
Midland States Bancorp, Inc. | 4,990 | 119,960 | |
MidWestOne Financial Group, Inc. | 1,400 | 41,608 | |
Mr Cooper Group, Inc.* | 12,362 | 454,180 | |
National Bank Holdings Corp. - Class A | 810 | 30,999 | |
National Western Life Group, Inc. - Class A | 380 | 77,026 | |
Navient Corp. | 32,840 | 459,432 | |
NBT Bancorp, Inc. | 1,180 | 44,356 | |
Nelnet, Inc. - Class A | 6,910 | 589,077 | |
New York Community Bancorp, Inc. | 23,713 | 216,500 | |
Newmark Group, Inc. - Class A | 7,780 | 75,233 | |
Nicolet Bankshares, Inc.* | 697 | 50,421 | |
NMI Holdings, Inc. - Class A* | 6,235 | 103,813 | |
Northeast Bank | 1,190 | 43,471 | |
Northfield Bancorp, Inc. | 3,400 | 44,302 | |
Northrim BanCorp, Inc. | 1,860 | 74,884 | |
Northwest Bancshares, Inc. | 18,541 | 237,325 | |
OceanFirst Financial Corp. | 9,221 | 176,398 | |
Ocwen Financial Corp.* | 2,400 | 65,760 | |
OFG Bancorp | 15,690 | 398,526 | |
Old National Bancorp | 45,806 | 677,471 | |
Old Second Bancorp, Inc. | 3,850 | 51,513 | |
OneMain Holdings, Inc. | 2,060 | 77,003 | |
OP Bancorp | 2,130 | 22,344 | |
Oppenheimer Holdings, Inc. - Class A | 2,160 | 71,366 | |
Pacific Premier Bancorp, Inc. | 15,980 | 467,255 | |
PacWest Bancorp | 3,287 | 87,631 | |
Park National Corp. | 325 | 39,406 | |
PCB Bancorp | 1,150 | 21,482 | |
Peapack-Gladstone Financial Corp. | 3,435 | 102,019 | |
PennyMac Financial Services, Inc. | 1,730 | 75,618 | |
Peoples Bancorp, Inc. | 4,336 | 115,338 | |
Peoples Financial Services Corp. | 780 | 43,555 | |
Pinnacle Financial Partners, Inc. | 3,553 | 256,917 | |
Piper Sandler Cos. | 2,055 | 232,955 | |
Popular, Inc. | 10,360 | 796,995 | |
PRA Group, Inc.* | 1,425 | 51,813 | |
Preferred Bank/Los Angeles CA | 3,550 | 241,471 | |
Premier Financial Corp. | 3,094 | 78,433 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
FINANCIAL (Continued) | |||
Primerica, Inc. | 340 | $40,695 | |
Primis Financial Corp. | 2,444 | 33,312 | |
ProAssurance Corp. | 5,135 | 121,340 | |
Provident Bancorp, Inc. | 3,320 | 52,124 | |
Provident Financial Holdings, Inc. | 2,380 | 35,295 | |
Provident Financial Services, Inc. | 21,670 | 482,374 | |
QCR Holdings, Inc. | 610 | 32,934 | |
Radian Group, Inc. | 2,230 | 43,819 | |
Raymond James Financial, Inc. | 1 | 67 | |
RBB Bancorp | 1,530 | 31,625 | |
Regional Management Corp. | 2,430 | 90,809 | |
Reinsurance Group of America, Inc. | 329 | 38,588 | |
RenaissanceRe Holdings Ltd. | 330 | 51,602 | |
Renasant Corp. | 9,703 | 279,543 | |
Republic Bancorp, Inc. - Class A | 2,420 | 116,765 | |
Riverview Bancorp, Inc. | 5,078 | 33,413 | |
RLI Corp. | 420 | 48,968 | |
S&T Bancorp, Inc. | 1,146 | 31,435 | |
Safety Insurance Group, Inc. | 1,280 | 124,288 | |
Sandy Spring Bancorp, Inc. | 4,031 | 157,491 | |
Seacoast Banking Corp. of Florida | 4,485 | 148,184 | |
Selective Insurance Group, Inc. | 2,668 | 231,956 | |
ServisFirst Bancshares, Inc. | 1,590 | 125,483 | |
Shore Bancshares, Inc. | 1,750 | 32,375 | |
Sierra Bancorp | 2,330 | 50,631 | |
Simmons First National Corp. - Class A | 17,587 | 373,901 | |
SiriusPoint Ltd.* | 4,350 | 23,577 | |
Southside Bancshares, Inc. | 2,866 | 107,246 | |
SouthState Corp. | 4,809 | 371,014 | |
Stewart Information Services Corp. | 3,400 | 169,150 | |
Stifel Financial Corp. | 7,110 | 398,302 | |
Stock Yards Bancorp, Inc. | 2,170 | 129,809 | |
StoneX Group, Inc.* | 1,491 | 116,402 | |
Stratus Properties, Inc.* | 1,100 | 35,447 | |
Summit Financial Group, Inc. | 2,091 | 58,088 | |
Synovus Financial Corp. | 3,105 | 111,935 | |
Texas Capital Bancshares, Inc.* | 7,715 | 406,118 | |
Timberland Bancorp, Inc. | 1,578 | 39,450 | |
Tiptree, Inc. | 10,430 | 110,767 | |
Tompkins Financial Corp. | 769 | 55,445 | |
Towne Bank/Portsmouth VA | 2,010 | 54,571 | |
Trean Insurance Group, Inc.* | 4,563 | 28,427 | |
TriCo Bancshares | 2,653 | 121,083 | |
TrustCo Bank Corp. NY | 3,180 | 98,071 | |
Trustmark Corp. | 9,290 | 271,175 | |
Umpqua Holdings Corp. | 19,184 | 321,716 | |
United Bankshares, Inc. | 10,232 | 358,836 | |
United Community Banks, Inc. | 12,012 | 362,642 | |
United Fire Group, Inc. | 7,600 | 260,148 | |
Unity Bancorp, Inc. | 1,193 | 31,591 | |
Universal Insurance Holdings, Inc. | 2,810 | 36,614 | |
Univest Financial Corp. | 5,540 | 140,938 | |
Unum Group | 15,980 | 543,640 | |
Valley National Bancorp | 22,253 | 231,654 | |
Veritex Holdings, Inc. | 5,250 | 153,615 | |
Walker & Dunlop, Inc. | 3,929 | 378,520 |
6
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2022 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
FINANCIAL (Continued) | |||
Washington Federal, Inc. | 19,450 | $583,889 | |
Waterstone Financial, Inc. | 1,894 | 32,293 | |
Webster Financial Corp. | 13,676 | 576,443 | |
WesBanco, Inc. | 11,601 | 367,868 | |
Western New England Bancorp, Inc. | 9,460 | 70,572 | |
White Mountains Insurance Group Ltd. | 235 | 292,841 | |
Wintrust Financial Corp. | 3,805 | 304,971 | |
World Acceptance Corp.* | 160 | 17,958 | |
WSFS Financial Corp. | 5,041 | 202,094 | |
40,248,878 | |||
INDUSTRIAL — 13.8% | |||
AAON, Inc. | 1,230 | 67,355 | |
AAR Corp.* | 8,900 | 372,376 | |
Acuity Brands, Inc. | 820 | 126,313 | |
Aerojet Rocketdyne Holdings, Inc.* | 1,170 | 47,502 | |
Air Transport Services Group, Inc.* | 3,580 | 102,853 | |
Alamo Group, Inc. | 390 | 45,408 | |
Altra Industrial Motion Corp. | 2,030 | 71,557 | |
American Woodmark Corp.* | 680 | 30,607 | |
Apogee Enterprises, Inc. | 2,560 | 100,403 | |
ArcBest Corp. | 8,010 | 563,664 | |
Arcosa, Inc. | 1,110 | 51,537 | |
Ardmore Shipping Corp.* | 6,320 | 44,050 | |
Astec Industries, Inc. | 1,297 | 52,892 | |
Atkore, Inc.* | 1,545 | 128,250 | |
Atlas Air Worldwide Holdings, Inc.* | 7,805 | 481,647 | |
Avnet, Inc. | 7,876 | 337,723 | |
AZZ, Inc. | 1,200 | 48,984 | |
Barnes Group, Inc. | 7,290 | 227,011 | |
Bel Fuse, Inc. - Class B | 1,950 | 30,342 | |
Benchmark Electronics, Inc. | 10,280 | 231,917 | |
Boise Cascade Co. | 8,875 | 527,974 | |
Brady Corp. - Class A | 2,395 | 113,140 | |
Builders FirstSource, Inc.* | 1,388 | 74,536 | |
CECO Environmental Corp.* | 5,800 | 34,684 | |
Chart Industries, Inc.* | 815 | 136,415 | |
Columbus McKinnon Corp. | 3,330 | 94,472 | |
Comfort Systems USA, Inc. | 1,419 | 117,990 | |
Concrete Pumping Holdings, Inc.* | 2,760 | 16,726 | |
Core Molding Technologies, Inc.* | 3,189 | 29,307 | |
Cornerstone Building Brands, Inc.* | 17,425 | 426,738 | |
Costamare, Inc. | 25,107 | 303,795 | |
Covenant Logistics Group, Inc. | 2,652 | 66,539 | |
CTS Corp. | 790 | 26,900 | |
Curtiss-Wright Corp. | 425 | 56,125 | |
DHT Holdings, Inc. | 29,630 | 181,632 | |
Dorian LPG Ltd. | 8,221 | 124,959 | |
Ducommun, Inc.* | 2,007 | 86,381 | |
DXP Enterprises, Inc.* | 1,150 | 35,225 | |
Dycom Industries, Inc.* | 2,990 | 278,190 | |
Eagle Bulk Shipping, Inc. | 700 | 36,316 | |
Eastern Co. | 700 | 14,238 | |
Eastman Kodak Co.* | 2,860 | 13,270 | |
EMCOR Group, Inc. | 1,320 | 135,907 | |
Encore Wire Corp. | 6,070 | 630,794 | |
Enovis Corp.* | 5,883 | 323,565 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
INDUSTRIAL (Continued) | |||
EnPro Industries, Inc. | 5,135 | $420,711 | |
Esab Corp. | 5,883 | 257,381 | |
ESCO Technologies, Inc. | 2,610 | 178,446 | |
Federal Signal Corp. | 1,520 | 54,112 | |
Fluor Corp.* | 8,194 | 199,442 | |
Frontline Ltd./Bermuda* | 3,830 | 33,934 | |
Gates Industrial Corp. PLC* | 5,370 | 58,050 | |
GATX Corp. | 8,215 | 773,524 | |
Genco Shipping & Trading Ltd. | 5,025 | 97,083 | |
Gibraltar Industries, Inc.* | 2,480 | 96,100 | |
Granite Construction, Inc. | 4,985 | 145,263 | |
Great Lakes Dredge & Dock Corp.* | 6,060 | 79,447 | |
Greenbrier Cos., Inc. | 7,295 | 262,547 | |
Greif, Inc. - Class A | 4,680 | 291,938 | |
Griffon Corp. | 8,080 | 226,482 | |
Haynes International, Inc. | 3,860 | 126,492 | |
Heartland Express, Inc. | 2,240 | 31,158 | |
Heritage-Crystal Clean, Inc.* | 2,120 | 57,155 | |
Hexcel Corp. | 990 | 51,787 | |
Hillenbrand, Inc. | 4,047 | 165,765 | |
Hub Group, Inc. - Class A* | 8,010 | 568,229 | |
Hurco Cos., Inc. | 2,092 | 51,756 | |
Hyster-Yale Materials Handling, Inc. | 840 | 27,065 | |
II-VI, Inc.* | 970 | 49,421 | |
Insteel Industries, Inc. | 630 | 21,212 | |
International Seaways, Inc. | 2,396 | 50,795 | |
JELD-WEN Holding, Inc.* | 730 | 10,651 | |
Kadant, Inc. | 190 | 34,647 | |
Kennametal, Inc. | 2,850 | 66,205 | |
Kimball Electronics, Inc.* | 6,580 | 132,258 | |
Kirby Corp.* | 1,760 | 107,078 | |
Knowles Corp.* | 16,515 | 286,205 | |
L B Foster Co. - Class A* | 1,840 | 23,681 | |
LSI Industries, Inc. | 4,940 | 30,480 | |
Marten Transport Ltd. | 18,355 | 308,731 | |
MasTec, Inc.* | 2,130 | 152,636 | |
Materion Corp. | 3,430 | 252,894 | |
Matson, Inc. | 3,940 | 287,147 | |
Matthews International Corp. - Class A | 2,660 | 76,262 | |
Meta Materials, Inc.* | 18,100 | 18,643 | |
Modine Manufacturing Co.* | 13,512 | 142,281 | |
Moog, Inc. - Class A | 2,545 | 202,048 | |
Mueller Industries, Inc. | 5,090 | 271,246 | |
Myers Industries, Inc. | 2,050 | 46,597 | |
MYR Group, Inc.* | 3,903 | 343,971 | |
NL Industries, Inc. | 5,450 | 53,791 | |
NN, Inc.* | 6,200 | 15,686 | |
Northwest Pipe Co.* | 1,917 | 57,395 | |
nVent Electric PLC | 4,145 | 129,863 | |
O-I Glass, Inc.* | 7,350 | 102,900 | |
Olympic Steel, Inc. | 2,629 | 67,697 | |
Orion Group Holdings, Inc.* | 7,850 | 17,898 | |
Overseas Shipholding Group, Inc. - Class A* | 15,090 | 30,935 | |
PAM Transportation Services, Inc.* | 2,714 | 74,336 | |
Pangaea Logistics Solutions Ltd. | 6,550 | 33,274 |
7
VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2022 (Unaudited)
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
INDUSTRIAL (Continued) | |||
Park Aerospace Corp. | 2,480 | $31,645 | |
Park-Ohio Holdings Corp. | 2,300 | 36,478 | |
Plexus Corp.* | 3,930 | 308,505 | |
Powell Industries, Inc. | 2,570 | 60,061 | |
Primoris Services Corp. | 2,730 | 59,405 | |
Proto Labs, Inc.* | 700 | 33,488 | |
RBC Bearings, Inc.* | 270 | 49,936 | |
Regal Rexnord Corp. | 5,620 | 637,982 | |
Ryder System, Inc. | 1,892 | 134,446 | |
Ryerson Holding Corp. | 7,005 | 149,136 | |
Sanmina Corp.* | 17,285 | 704,018 | |
Schneider National, Inc. - Class B | 5,700 | 127,566 | |
Scorpio Tankers, Inc. | 9,586 | 330,813 | |
SFL Corp. Ltd. | 3,130 | 29,704 | |
SPX Corp.* | 900 | 47,556 | |
Standex International Corp. | 910 | 77,150 | |
Sterling Infrastructure, Inc.* | 3,070 | 67,294 | |
Summit Materials, Inc. - Class A* | 15,330 | 357,036 | |
TD SYNNEX Corp. | 1,500 | 136,650 | |
Teekay Corp.* | 8,500 | 24,480 | |
Teekay Tankers Ltd. - Class A* | 6,809 | 120,043 | |
Terex Corp. | 2,835 | 77,594 | |
Thermon Group Holdings, Inc.* | 3,370 | 47,348 | |
Timken Co. | 2,035 | 107,957 | |
TimkenSteel Corp.* | 5,414 | 101,296 | |
Tredegar Corp. | 3,000 | 30,000 | |
TriMas Corp. | 6,050 | 167,524 | |
Trinity Industries, Inc. | 14,845 | 359,546 | |
TTM Technologies, Inc.* | 29,644 | 370,550 | |
Tutor Perini Corp.* | 3,940 | 34,593 | |
UFP Industries, Inc. | 6,420 | 437,459 | |
Universal Logistics Holdings, Inc. | 1,610 | 43,969 | |
USA Truck, Inc.* | 3,940 | 123,795 | |
Vishay Intertechnology, Inc. | 26,059 | 464,371 | |
Vishay Precision Group, Inc.* | 2,120 | 61,756 | |
Watts Water Technologies, Inc. - Class A | 580 | 71,247 | |
Welbilt, Inc.* | 3,035 | 72,263 | |
Werner Enterprises, Inc. | 8,170 | 314,872 | |
Willis Lease Finance Corp.* | 3,150 | 118,062 | |
Worthington Industries, Inc. | 1,020 | 44,982 | |
21,373,516 | |||
TECHNOLOGY — 3.6% | |||
1Life Healthcare, Inc.* | 11,300 | 88,592 | |
Allscripts Healthcare Solutions, Inc.* | 18,030 | 267,385 | |
Alpha & Omega Semiconductor Ltd.* | 5,990 | 199,707 | |
Amkor Technology, Inc. | 43,629 | 739,512 | |
Axcelis Technologies, Inc.* | 760 | 41,678 | |
AXT, Inc.* | 5,070 | 29,710 | |
Brightcove, Inc.* | 2,220 | 14,030 | |
CACI International, Inc. - Class A* | 1,509 | 425,206 | |
Cantaloupe, Inc.* | 3,120 | 17,472 | |
Cohu, Inc.* | 1,952 | 54,168 | |
Computer Programs and Systems, Inc.* | 890 | 28,453 | |
Concentrix Corp. | 1,435 | 194,643 | |
Conduent, Inc.* | 15,520 | 67,046 | |
Desktop Metal, Inc. - Class A* | 10,130 | 22,286 |
Number of Shares | Value | ||
COMMON STOCKS (Continued) | |||
TECHNOLOGY (Continued) | |||
Digi International, Inc.* | 4,485 | $108,627 | |
Diodes, Inc.* | 2,117 | 136,695 | |
E2open Parent Holdings, Inc.* | 7,920 | 61,618 | |
ExlService Holdings, Inc.* | 410 | 60,405 | |
Fastly, Inc.* | 2,660 | 30,883 | |
Inseego Corp.* | 7,890 | 14,912 | |
Insight Enterprises, Inc.* | 7,795 | 672,553 | |
KBR, Inc. | 2,936 | 142,073 | |
Kulicke & Soffa Industries, Inc. | 3,758 | 160,880 | |
ManTech International Corp. - Class A | 3,513 | 335,316 | |
NetScout Systems, Inc.* | 9,655 | 326,822 | |
NextGen Healthcare, Inc.* | 1,980 | 34,531 | |
ON24, Inc.* | 1,380 | 13,096 | |
Onto Innovation, Inc.* | 2,999 | 209,150 | |
Parsons Corp.* | 3,940 | 159,255 | |
Photronics, Inc.* | 18,003 | 350,698 | |
Rambus, Inc.* | 2,165 | 46,526 | |
Richardson Electronics Ltd./United States | 1,890 | 27,707 | |
SecureWorks Corp. - Class A* | 2,980 | 32,363 | |
Silicon Laboratories, Inc.* | 480 | 67,306 | |
Super Micro Computer, Inc.* | 4,080 | 164,628 | |
TTEC Holdings, Inc. | 200 | 13,578 | |
Xperi Holding Corp. | 10,359 | 149,480 | |
5,508,990 | |||
UTILITIES — 0.4% | |||
American States Water Co. | 580 | 47,276 | |
Artesian Resources Corp. - Class A | 679 | 33,386 | |
Avista Corp. | 2,210 | 96,157 | |
California Water Service Group | 602 | 33,441 | |
Chesapeake Utilities Corp. | 259 | 33,553 | |
Clearway Energy, Inc. - Class A | 2,180 | 69,695 | |
Consolidated Water Co., Ltd. | 3,000 | 43,500 | |
Hawaiian Electric Industries, Inc. | 805 | 32,925 | |
National Fuel Gas Co. | 497 | 32,827 | |
New Jersey Resources Corp. | 1,232 | 54,861 | |
Ormat Technologies, Inc. | 1,151 | 90,181 | |
Otter Tail Corp. | 1,001 | 67,197 | |
PNM Resources, Inc. | 686 | 32,777 | |
Unitil Corp. | 623 | 36,583 | |
704,359 | |||
TOTAL COMMON STOCKS | |||
(Cost $105,426,161) | 137,718,946 | ||
EXCHANGE-TRADED FUNDS — 1.5% | |||
Direxion Daily Healthcare Bull 3x Shares ETF | 1,530 | 157,682 | |
Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF* | 7,420 | 181,790 | |
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares ETF* | 8,220 | 203,116 | |
iShares Russell 2000 Value ETF | 5,415 | 737,252 | |
SPDR S&P Regional Banking ETF | 13,430 | 780,149 |
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VERICIMETRY U.S. SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
As of June 30, 2022 (Unaudited)
Number of Shares | Value | ||
EXCHANGE-TRADED FUNDS (Continued) | |||
VanEck Oil Services ETF | 685 | $159,331 | |
TOTAL EXCHANGE-TRADED FUNDS | |||
(Cost $1,610,487) | 2,219,320 | ||
PREFERRED STOCKS — 0.1% | |||
CONSUMER, CYCLICAL — 0.1% | |||
Qurate Retail, Inc. 8.00%, 3/15/20311 | 274 | 16,015 | |
WESCO International, Inc. 10.63%1,2,3 | 5,008 | 137,320 | |
153,335 | |||
INDUSTRIAL — 0.0% | |||
Steel Partners Holdings LP 6.00%, 2/7/20261 | 1,855 | 42,349 | |
TOTAL PREFERRED STOCKS | |||
(Cost $188,490) | 195,684 | ||
MONEY MARKET INVESTMENTS — 9.8% | |||
Federated Treasury Obligations Fund-Class Institutional, 1.35%2,4 | 500,000 | 500,000 | |
UMB Money Market Fiduciary, 0.01%2 | 14,665,036 | 14,665,036 | |
TOTAL MONEY MARKET INVESTMENTS | |||
(Cost $15,165,036) | 15,165,036 | ||
TOTAL INVESTMENTS — 100.3% | |||
(Cost $122,390,174) | 155,298,986 | ||
Liabilities less other assets — (0.3)% | (399,567) | ||
TOTAL NET ASSETS — 100.0% | $154,899,419 |
LLC – Limited Liability Company |
LP – Limited Partnership |
PLC – Public Limited Company |
*Non-income producing security. |
1Callable. |
2Variable rate security; the rate shown represents the rate at June 30, 2022. |
3Perpetual security; maturity date is not applicable. |
4All or a portion of this security is segregated as collateral for options contracts. The total value of these securities is $500,000 June 30, 2022. |
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