Kennedy Capital ESG SMID Cap Fund
SCHEDULE OF INVESTMENTS
As of March 31, 2024 (Unaudited)
Number of Shares | Value | |
COMMON STOCKS — 96.8% | ||
CONSUMER DISCRETIONARY — 10.3% | ||
7,365 | Brunswick Corp. | $710,870 |
1,506 | Cavco Industries, Inc.* | 600,984 |
6,923 | Helen of Troy, Ltd.*,1 | 797,806 |
5,958 | LKQ Corp. | 318,217 |
6,082 | Marriott Vacations Worldwide Corp. | 655,214 |
1,316 | Pool Corp. | 531,006 |
16,907 | Steven Madden Ltd. | 714,828 |
1,697 | TopBuild Corp.* | 747,919 |
1,216 | Ulta Beauty, Inc.* | 635,822 |
1,502 | Vail Resorts, Inc. | 334,691 |
7,493 | Wyndham Hotels & Resorts, Inc. | 575,088 |
6,622,445 | ||
CONSUMER STAPLES — 1.0% | ||
6,268 | Post Holdings, Inc.* | 666,163 |
ENERGY — 1.7% | ||
13,703 | ChampionX Corp. | 491,801 |
29,972 | DMC Global, Inc.* | 584,154 |
1,075,955 | ||
FINANCIALS — 14.1% | ||
3,413 | Assurant, Inc. | 642,463 |
9,153 | Brown & Brown, Inc. | 801,254 |
7,237 | Commerce Bancshares, Inc. | 385,008 |
8,374 | East West Bancorp, Inc. | 662,467 |
3,353 | Euronet Worldwide, Inc.* | 368,595 |
1,418 | FactSet Research Systems, Inc. | 644,325 |
5,351 | Globe Life, Inc. | 622,696 |
2,740 | Jack Henry & Associates, Inc. | 476,020 |
2,333 | LPL Financial Holdings, Inc. | 616,379 |
7,058 | Popular, Inc.1 | 621,739 |
7,140 | SouthState Corp. | 607,114 |
8,137 | Stifel Financial Corp. | 636,069 |
10,025 | Voya Financial, Inc. | 741,048 |
8,188 | Western Alliance Bancorp | 525,588 |
6,830 | Wintrust Financial Corp. | 712,984 |
9,063,749 | ||
HEALTH CARE — 15.9% | ||
43,257 | AdaptHealth Corp.* | 497,888 |
11,618 | AtriCure, Inc.* | 353,419 |
12,358 | Avantor, Inc.* | 315,994 |
3,607 | Axsome Therapeutics, Inc.* | 287,839 |
3,291 | Charles River Laboratories International, Inc.* | 891,696 |
Kennedy Capital ESG SMID Cap Fund
SCHEDULE OF INVESTMENTS - Continued
As of March 31, 2024 (Unaudited)
Number of Shares | Value | |
COMMON STOCKS (Continued) | ||
HEALTH CARE (Continued) | ||
1,296 | Chemed Corp. | $831,941 |
9,552 | Encompass Health Corp. | 788,804 |
12,220 | Enovis Corp.* | 763,139 |
18,602 | Evolent Health, Inc. - Class A* | 609,960 |
10,086 | Globus Medical, Inc., Class A* | 541,013 |
8,142 | Halozyme Therapeutics, Inc.* | 331,217 |
38,754 | Health Catalyst, Inc.* | 291,818 |
1,902 | ICON PLC*,1 | 638,977 |
4,149 | ICU Medical, Inc.* | 445,271 |
1,414 | Inspire Medical Systems, Inc.* | 303,713 |
10,441 | Ionis Pharmaceuticals, Inc.* | 452,617 |
10,134 | LivaNova PLC*,1 | 566,896 |
3,155 | Neurocrine Biosciences, Inc.* | 435,138 |
10,895 | Scholar Rock Holding Corp.* | 193,495 |
21,410 | Silk Road Medical, Inc.* | 392,231 |
17,561 | Zimvie, Inc.* | 289,581 |
10,222,647 | ||
INDUSTRIALS — 26.3% | ||
6,869 | Albany International Corp. - Class A | 642,320 |
9,458 | Arcosa, Inc. | 812,064 |
24,952 | Atmus Filtration Technologies, Inc.* | 804,702 |
17,643 | Barnes Group, Inc. | 655,437 |
1,844 | CACI International, Inc. - Class A* | 698,562 |
2,062 | Carlisle Cos., Inc. | 807,995 |
2,615 | Casella Waste Systems, Inc. - Class A* | 258,545 |
2,991 | Chart Industries, Inc.* | 492,678 |
4,248 | Crane Co. | 574,032 |
26,827 | Enerpac Tool Group Corp. - Class A | 956,651 |
4,304 | ESCO Technologies, Inc. | 460,743 |
45,549 | Gates Industrial Corp. PLC*,1 | 806,673 |
8,733 | Hexcel Corp. | 636,199 |
2,278 | IDEX Corp. | 555,878 |
14,634 | Leonardo DRS, Inc.* | 323,265 |
3,868 | Middleby Corp.* | 621,936 |
4,211 | MSA Safety, Inc. | 815,207 |
2,847 | Nordson Corp. | 781,615 |
1,715 | Paylocity Holding Corp.* | 294,740 |
5,832 | Regal Rexnord Corp. | 1,050,343 |
6,605 | SPX Technologies, Inc.* | 813,274 |
5,205 | Tetra Tech, Inc. | 961,416 |
23,429 | Thermon Group Holdings, Inc.* | 766,597 |
7,114 | Trex Co., Inc.* | 709,621 |
4,220 | Vicor Corp* | 161,373 |
Kennedy Capital ESG SMID Cap Fund
SCHEDULE OF INVESTMENTS - Continued
As of March 31, 2024 (Unaudited)
Number of Shares | Value | |
COMMON STOCKS (Continued) | ||
INDUSTRIALS (Continued) | ||
14,340 | Zurn Elkay Water Solutions Corp. | $479,960 |
16,941,826 | ||
INFORMATION TECHNOLOGY — 14.8% | ||
12,875 | Allegro MicroSystems, Inc.* | 347,110 |
6,763 | Blackbaud, Inc.* | 501,409 |
9,706 | Coherent Corp.* | 588,378 |
3,295 | CyberArk Software Ltd.*,1 | 875,251 |
10,148 | Descartes Systems Group, Inc.*,1 | 928,846 |
13,465 | Everbridge, Inc.* | 468,986 |
2,268 | F5, Inc.* | 429,990 |
2,407 | Fabrinet*,1 | 454,971 |
1,939 | Manhattan Associates, Inc.* | 485,196 |
4,894 | OSI Systems, Inc.* | 698,961 |
6,202 | Silicon Motion Technology Corp. ADR | 477,182 |
7,692 | TD SYNNEX Corp. | 869,965 |
2,558 | Teledyne Technologies, Inc.* | 1,098,201 |
3,297 | Teradyne, Inc. | 372,000 |
11,324 | Trimble, Inc.* | 728,813 |
6,444 | Vishay Precision Group, Inc.* | 227,667 |
9,552,926 | ||
MATERIALS — 4.4% | ||
15,284 | Avient Corp. | 663,326 |
4,959 | Crown Holdings, Inc. | 393,050 |
3,692 | Knife River Corp.* | 299,347 |
3,114 | Reliance, Inc. | 1,040,637 |
3,702 | RPM International, Inc. | 440,353 |
2,836,713 | ||
REAL ESTATE — 6.3% | ||
10,903 | Cousins Properties, Inc. - REIT | 262,108 |
3,203 | EastGroup Properties, Inc. - REIT | 575,803 |
19,659 | Independence Realty Trust, Inc. - REIT | 317,100 |
2,512 | Jones Lang LaSalle, Inc.* | 490,066 |
19,278 | Kite Realty Group Trust - REIT | 417,947 |
32,709 | Macerich Co. - REIT | 563,576 |
9,349 | Rexford Industrial Realty, Inc. - REIT | 470,255 |
3,998 | Sun Communities, Inc. - REIT | 514,063 |
31,931 | Xenia Hotels & Resorts, Inc. - REIT | 479,284 |
4,090,202 | ||
UTILITIES — 2.0% | ||
33,527 | Atlantica Sustainable Infrastructure PLC1 | 619,579 |
Kennedy Capital ESG SMID Cap Fund
SCHEDULE OF INVESTMENTS - Continued
As of March 31, 2024 (Unaudited)
Number of Shares | Value | |
COMMON STOCKS (Continued) | ||
UTILITIES (Continued) | ||
17,887 | Essential Utilities, Inc. | $662,713 |
1,282,292 | ||
TOTAL COMMON STOCKS | ||
(Cost $52,011,609) | 62,354,918 |
Principal Amount | ||
SHORT-TERM INVESTMENTS — 4.0% | ||
$2,604,237 | Goldman Sachs FS Government Fund - Institutional Class, 5.13%2 | 2,604,237 |
TOTAL SHORT-TERM INVESTMENTS | ||
(Cost $2,604,237) | 2,604,237 | |
TOTAL INVESTMENTS — 100.8% | ||
(Cost $54,615,846) | 64,959,155 | |
Liabilities in Excess of Other Assets — (0.8)% | (545,683) | |
NET ASSETS — 100.0% | $64,413,472 |
PLC – Public Limited Company |
ADR – American Depository Receipt |
REIT – Real Estate Investment Trusts |
* | Non-income producing security. |
1 | Foreign security denominated in U.S. Dollars. |
2 | The rate is the annualized seven-day yield at period end. |