Gallery Trust NPORT-P Mondrian Global Equity Value Fund (Jul 2021 report)

Gallery Trust

Mondrian International Value Equity Fund

July 31, 2021 (Unaudited)

COMMON STOCK — 98.6%
	Number of		Value
	Shares		(U.S. $)
DENMARK — 1.3%
ISS A/S *		393,171	$	9,279,111
Total Denmark				9,279,111
FRANCE — 8.5%
Cie de Saint-Gobain SA		254,178		18,166,556
Dassault Aviation SA		6,779		8,073,780
Sanofi SA		241,801		24,920,427
Societe Generale SA		326,369		9,572,443
Total France				60,733,206
GERMANY — 7.5%
Allianz SE		70,390		17,535,083
Continental AG		138,422		18,817,734
Evonik Industries AG		495,771		17,231,628
Total Germany				53,584,445
HONG KONG — 6.7%
CK Hutchison Holdings Ltd		3,020,000		22,073,438
Jardine Matheson Holdings Ltd		158,815		9,439,964
WH Group Ltd		20,075,500		16,636,691
Total Hong Kong				48,150,093
ITALY — 6.0%
Enel SpA		1,710,215		15,783,666
Eni SpA		1,030,892		12,258,344
Snam SpA		2,423,461		14,673,181
Total Italy				42,715,191
JAPAN — 28.0%
Coca-Cola Bottlers Japan Holdings Inc		560,700		9,117,987
FUJIFILM Holdings Corp		287,600		20,529,562
Fujitsu Ltd		59,700		10,102,826
Hitachi Ltd		122,900		7,010,694
Honda Motor Co Ltd		704,200		22,421,682
Kyocera Corp		299,400		18,386,198
Mitsubishi Electric Corp		904,000		12,162,654

Gallery Trust

Mondrian International Value Equity Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
JAPAN (continued)
Nippon Telegraph & Telephone Corp		614,400	$	15,695,328
Otsuka Holdings Co Ltd		293,700		11,613,606
Sekisui Chemical Co Ltd		769,100		13,179,965
Sony Corp		152,800		15,843,398
Takeda Pharmaceutical Co Ltd		550,100		18,462,861
Tokio Marine Holdings Inc		244,052		11,590,273
Toyota Industries Corp		164,300		13,688,547
Total Japan				199,805,581
NETHERLANDS — 3.0%
Royal Dutch Shell PLC Class B		1,072,849		21,173,042
Total Netherlands				21,173,042
SINGAPORE — 3.8%
Singapore Telecommunications		3,141,602		5,263,247
United Overseas Bank Ltd		1,147,040		22,247,471
Total Singapore				27,510,718
SPAIN — 4.8%
Banco Santander SA		6,042,829		22,132,213
Naturgy Energy Group SA		379,832		9,818,075
Red Electrica Corp SA		134,012		2,658,811
Total Spain				34,609,099
SWEDEN — 2.0%
Telia Co AB		3,251,948		14,275,721
Total Sweden				14,275,721
SWITZERLAND — 3.5%
ABB Ltd		62,176		2,273,987
Novartis AG		192,891		17,861,343
Zurich Insurance Group AG		12,350		4,987,172
Total Switzerland				25,122,502

Gallery Trust

Mondrian International Value Equity Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
TAIWAN — 2.7%
Taiwan Semiconductor Manufacturing Co Ltd		919,000	$	19,060,254
Total Taiwan				19,060,254
UNITED KINGDOM — 20.8%
BP PLC		3,447,515		13,858,683
GlaxoSmithKline PLC		1,274,449		25,116,257
Imperial Brands PLC		395,826		8,484,108
Kingfisher PLC		3,235,811		16,569,914
Lloyds Banking Group PLC		35,537,811		22,542,715
SSE PLC		1,050,517		21,107,591
Tesco PLC		4,378,109		14,179,470
Travis Perkins PLC		319,614		7,563,632
Wickes Group PLC*		358,131		1,246,504
WPP PLC		1,364,461		17,638,497
Total United Kingdom				148,307,371
Total Common Stock
(Cost $647,184,824)				704,326,334
Total Value of Securities — 98.6%
(Cost $647,184,824)			$	704,326,334

Percentages are based on Net Assets of $714,294,006.

* Non-income producing security.

Ltd. — Limited

PLC — Public Limited Company

As of July 31, 2021, all of the Fund's investments were considered Level 1, in accordance the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

For the period ended July 31, 2021, there were no transfers in or out of Level 3.

For information on the Fund's policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to Note 2 of the Fund's most recent financial statements.

MON-QH-001-1100

Gallery Trust

 

Mondrian Emerging Markets Value Equity Fund

July 31, 2021 (Unaudited)

 

COMMON STOCK — 86.3%
	Number of		Value
	Shares		(U.S. $)
BRAZIL — 3.7%
Hypera SA		69,000	$	472,564
Itau Unibanco Holding SA ADR		37,678		217,402
Suzano Papel e Celulose SA *		25,600		267,145
Total Brazil				957,111
CHINA — 32.9%
Alibaba Group Holding Ltd *		71,892		1,748,465
Autohome ADR		7,239		327,927
Baidu Inc ADR *		4,035		661,780
China Medical System Holdings Ltd		98,000		198,745
China Merchants Bank Co Ltd Class H		102,000		777,028
CSPC Pharmaceutical Group Ltd		555,520		749,162
Gree Electric Appliances Inc Class A		61,100		449,522
Hengan International Group Co Ltd		51,500		305,840
Jiangsu Yanghe Brewery Joint-Stock Class A		1,312		33,122
LONGi Green Energy Tech Co Ltd Class A		26,620		354,257
Midea Group Co Ltd Class A		55,703		547,945
Ping An Insurance Group Co of China Ltd Class H		135,500		1,188,283
Tencent Holdings Ltd		12,700		782,806
Tingyi Cayman Islands Holding Corp Class H		230,000		414,353
Total China				8,539,235
HONG KONG — 4.7%
NetEase Inc		36,586		732,083
WH Group Ltd		582,000		482,307
Total Hong Kong				1,214,390
INDIA — 10.0%
HCL Technologies Ltd		50,895		700,999
Housing Development Finance Corp Ltd		21,279		698,048
Infosys Ltd Sponsored ADR		18,423		407,517
Reliance Industries Ltd		29,079		795,330
Total India				2,601,894

Gallery Trust

Mondrian Emerging Markets Value Equity Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
INDONESIA — 1.4%
Bank Rakyat Indonesia Persero Tbk PT		1,380,200	$	354,056
Total Indonesia				354,056
MEXICO — 1.2%
Grupo Financiero Banorte SAB de CV Class O		46,754		302,467
Total Mexico				302,467
PERU — 1.6%
Credicorp Ltd *		4,278		431,907
Total Peru				431,907
RUSSIA — 2.8%
LUKOIL PJSC Sponsored ADR		4,742		407,221
Polymetal International PLC		14,512		315,285
Total Russia				722,506
SOUTH AFRICA — 2.1%
Mondi PLC		19,624		544,459
Total South Africa				544,459
SOUTH KOREA — 5.3%
Samsung Electronics Co Ltd		3,696		252,237
Samsung Fire & Marine Insurance Co Ltd		2,042		380,795
Shinhan Financial Group Co Ltd		9,590		326,406
SK Hynix Inc		4,212		411,954
Total South Korea				1,371,392
TAIWAN — 17.3%
Alchip Technologies Ltd		9,000		203,719
ASE Technology Holding Co Ltd		99,000		433,667
CTBC Financial Holding Co Ltd		338,000		276,177
Delta Electronics Inc		42,000		431,039
Hon Hai Precision Industry Co Ltd		230,000		904,702
Taiwan Semiconductor Manufacturing Co Ltd		109,000		2,260,683
Total Taiwan				4,509,987

Gallery Trust

Mondrian Emerging Markets Value Equity Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
UNITED KINGDOM — 2.0%
Unilever PLC		9,200	$	530,289
Total United Kingdom				530,289
UNITED STATES — 1.3%
Materials — 1.3%
Barrick Gold Corp US		15,845		344,946
Total United States				344,946
Total Common Stock
(Cost $20,246,409)				22,424,639
PREFERRED STOCK — 7.3%
BRAZIL — 1.0%
Itausa SA Pref**		116,400		249,863
SOUTH KOREA — 6.3%
LG Chem Ltd Pref**		1,164		387,073
Samsung Electronics Co Ltd**		20,026		1,255,270
				1,642,343
Total Preferred Stock
(Cost $1,491,192)				1,892,206
Total Value of Securities — 93.6%
(Cost $21,737,601)			$	24,316,845

Percentages are based on Net Assets of $25,977,778.

*	Non-income producing security.
**	There is currently no rate available.

ADR — American Depositary ReceiptCV — Convertible SecurityLtd. — LimitedPLC — Public Limited Company

Gallery Trust

Mondrian Emerging Markets Value Equity Fund

July 31, 2021 (Unaudited)

As of July 31, 2021, all of the Fund's investments were considered Level 1, in accordance the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

For the period ended July 31, 2021, there were no transfers in or out of Level 3.

For information on the Fund's policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to Note 2 of the Fund's most recent financial statements.

MON-QH-001-1100

Gallery Trust

Mondrian International Government Fixed Income Fund

July 31, 2021 (Unaudited)

GLOBAL BONDS — 98.5%
	Face Amount		Value
	(Local Currency)		(U.S. $)
AUSTRALIA — 2.9%
Australia Government Bond
5.500%, 04/21/23	AUD	20,000	$	16,055
4.750%, 04/21/27	AUD	390,000		351,737
3.250%, 04/21/25	AUD	226,000		183,663
3.000%, 03/21/47	AUD	190,000		166,894
Total Australia				718,349
AUSTRIA — 4.4%
Republic of Austria Government Bond
6.250%, 07/15/27	EUR	660,000		1,107,270
Total Austria				1,107,270
BELGIUM — 4.6%
Kingdom of Belgium Government Bond
1.000%, 06/22/26 (A)	EUR	900,000		1,154,183
Total Belgium				1,154,183
CANADA — 4.7%
Canadian Government Bond
2.000%, 09/01/23	CAD	350,000		289,500
1.500%, 06/01/26	CAD	200,000		165,491
1.000%, 06/01/27	CAD	840,000		676,929
0.750%, 09/01/21	CAD	50,000		40,097
Total Canada				1,172,017
FINLAND — 4.1%
Finland Government Bond
0.500%, 09/15/27 (A)	EUR	799,000		1,011,614
Total Finland				1,011,614
FRANCE — 4.6%
French Republic Government Bond OAT
1.500%, 05/25/31	EUR	520,000		718,861
0.500%, 05/25/25	EUR	350,000		433,905
Total France				1,152,766

Gallery Trust

Mondrian International Government Fixed Income Fund

July 31, 2021 (Unaudited)

GLOBAL BONDS — continued
	Face Amount		Value
	(Local Currency)		(U.S. $)
GERMANY — 13.8%
Bundesrepublik Deutschland Bundesanleihe
2.500%, 07/04/44	EUR	250,000	$	477,972
0.250%, 02/15/29	EUR	493,156		625,363
0.000%, 08/15/30	EUR	586,000		734,299
Bundesschatzanweisungen
0.000%, 09/16/22	EUR	450,000		538,370
Kreditanstalt fuer Wiederaufbau
2.050%, 02/16/26	JPY	105,000,000		1.056,547
Total Germany				3,432,551
ITALY — 12.5%
Italy Buoni Poliennali Del Tesoro
4.750%, 09/01/44 (A)	EUR	200,000		391,654
2.950%, 09/01/38 (A)	EUR	600,000		905,491
2.000%, 02/01/28	EUR	1,085,000		1,438,560
1.450%, 05/15/25	EUR	308,000		387,911
Total Italy				3,123,616
JAPAN — 17.4%
Japan Government Ten Year Bond
0.100%, 06/20/26	JPY	6,950,000		64,043
Japan Government Thirty Year Bond
2.400%, 12/20/34	JPY	95,500,000		1,128,198
0.300%, 06/20/46	JPY	140,100,000		1,213,055
Japan Government Twenty Year Bond
1.600%, 06/20/30	JPY	74,150,000		774,342
0.200%, 06/20/36	JPY	105,550,000		960,201
Japan Government Two Year Bond
0.100%, 09/01/22	JPY	20,000,000		182,761
Total Japan				4,322,600
MALAYSIA — 2.0%
Malaysia Government Bond
4.254%, 05/31/35	MYR	900,000		225,960
4.181%, 07/15/24	MYR	1,113,000		278,187
Total Malaysia				504,147

Gallery Trust

Mondrian International Government Fixed Income Fund

July 31, 2021 (Unaudited)

GLOBAL BONDS — continued
	Face Amount		Value
	(Local Currency)		(U.S. $)
MEXICO — 3.0%
Mexican Bonos
8.500%, 05/31/29	MXN	2,250,000	$	124,413
8.500%, 11/18/38	MXN	750,000		41,128
8.000%, 11/07/47	MXN	11,360,000		592,070
Total Mexico				757,611
NETHERLANDS — 4.7%
Netherlands Government Bond
5.500%, 01/15/28 (A)	EUR	94,056		156,463
2.750%, 01/15/47 (A)	EUR	250,000		503,495
0.500%, 01/15/40 (A)	EUR	250,000		326,864
0.250%, 07/15/29 (A)	EUR	150,000		188,401
Total Netherlands				1,175,223
SINGAPORE — 2.8%
Singapore Government Bond
2.875%, 09/01/30	SGD	277,000		232,341
2.250%, 08/01/36	SGD	200,000		160,663
0.500%, 11/01/25	SGD	400,000		293,088
Total Singapore				686,092
SUPRANATIONAL — 12.9%
Asian Development Bank
2.350%, 06/21/27	JPY	100,000,000		1,148,612
European Financial Stability Facility
0.950%, 02/14/28	EUR	890,000		1,148,002
European Investment Bank
2.150%, 01/18/27	JPY	100,000,000		1,026,180
Total Supranational				3,222,794
UNITED KINGDOM — 4.1%
United Kingdom Gilt
4.500%, 09/07/34	GBP	65,000		132,217
4.250%, 09/07/39	GBP	350,000		756,689

Gallery Trust

Mondrian International Government Fixed Income Fund

July 31, 2021 (Unaudited)

GLOBAL BONDS — continued
	Face Amount		Value
	(Local Currency)		(U.S. $)
UNITED KINGDOM (continued)
1.500%, 07/22/47	GBP	80,000	$	123,833
Total United Kingdom				1,012,739
Total Global Bonds
(Cost $23,026,824)				24,553,572
Total Value of Securities — 98.5%
(Cost $23,026,824)			$	24,553,572

A list of the open forward foreign currency exchange contracts held by the Fund at July 31, 2021 is as follows:

						Unrealized
	Maturity	Currency to		Currency to		Appreciation
Counterparty	Date	Deliver		Receive		(Depreciation)
Brown Brothers Harriman	10/29/21	USD	434,356	EUR	367,500	$	2,380
Brown Brothers Harriman	10/29/21	USD	1,461,573	GBP	1,053,500		3,086
Brown Brothers Harriman	10/29/21	USD	497,458	NOK	4,412,500		1,955
Brown Brothers Harriman	10/29/21	USD	496,332	PLN	1,932,000		5,298
Brown Brothers Harriman	10/29/21	JPY	13,945,500	USD	126,700		(513	)
Brown Brothers Harriman	10/29/21	SGD	925,500	USD	680,380		(2,591	)
Brown Brothers Harriman	10/29/21	CAD	1,455,000	USD	1,156,212		(9,934	)
Brown Brothers Harriman	10/29/21	AUD	329,000	USD	241,349		(186	)
Brown Brothers Harriman	10/29/21	MXN	10,104,000	USD	499,055		(2,097	)
Net Unrealized Appreciation (Depreciation) on Forward Foreign Currency Exchange Contracts						$	(2,602	)

Percentages are based on Net Assets of $24,920,287.

(A) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other "accredited investors." The total value of securities as of July 31, 2021 was $4,638,165 and represents 18.6% of Net Assets.

AUD — Australian DollarCAD — Canadian DollarEUR — EuroGBP — Pound SterlingJPY — Japanese Yen

Gallery Trust

Mondrian International Government Fixed Income Fund

July 31, 2021 (Unaudited)

MXN — Mexican PesoMYR — Malaysian RinggitNOK — Norwegian KroneOAT — Obligations Assimilables du TresorPLN — Polish ZlotySGD — Singapore DollarUSD — United States Dollar

The following is a list of the inputs used as of July 31, 2021, in valuing the Fund’s investments carried at market value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Global Bonds	$	—	$	24,553,572	$	—	$	24,553,572
Total Investments in Securities	$	—	$	24,553,572	$	—	$	24,553,572

Other Financial Instruments	Level 1		Level 2			Level 3		Total
Forwards Contracts*
Unrealized Appreciation	$	—	$	12,719		$	—	$	12,719
Unrealized Depreciation		—		(15,321	)		—		(15,321	)
Total Other Financial Instruments	$	—	$	(2,602	)	$	—	$	(2,602	)

* Forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument.

Amounts designated as “—”are $0 or have been rounded to $0.

For the period ended July 31, 2021, there were no transfers in or out of Level 3.

For information on the Fund's policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to Note 2 of the Fund's most recent financial statements. 

MON-QH-001-1100

Gallery Trust

Mondrian U.S. Small Cap Equity Fund

July 31, 2021 (Unaudited)

COMMON STOCK — 99.6%
	Number of		Value
	Shares		(U.S. $)
UNITED STATES — 99.6%
Consumer Discretionary — 1.9%
MDC Holdings		589	$	31,405
Financials — 11.6%
Houlihan Lokey Inc Class A		490		43,659
Main Street Capital		593		24,384
Moelis & Company Class A		569		33,713
Prog Holdings *		884		38,693
Umpqua Holdings		1,308		24,682
Wintrust Financial		321		22,919
				188,050
Health Care — 6.6%
AMN Healthcare Services Inc *		455		45,755
iRadimed Corp *		1,188		39,988
Supernus Pharmaceuticals *		785		20,669
				106,412
Industrials — 35.3%
AAR Corp *		811		29,001
Astronics Corp *		1,740		29,719
Barnes Group Inc		557		28,223
Curtiss-Wright		277		32,769
Douglas Dynamics Inc		902		35,990
EnerSys		505		49,823
GrafTech International Ltd		3,474		39,499
Great Lakes Dredge & Dock *		2,054		31,632
Kforce Inc		620		38,707
Luxfer Holdings PLC		1,495		31,171
McGrath RentCorp		402		31,525
MSC Industrial Direct Class A		437		38,967
Parsons Corp *		856		33,059
Timken Company		359		28,541

Gallery Trust

Mondrian U.S. Small Cap Equity Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
UNITED STATES (continued)
Industrials (continued)
TPI Composites *		834	$	32,643
US Ecology Inc *		944		33,040
Wabash National		1,896		27,757
				572,066
Information Technology — 26.8%
Advanced Energy Industries Inc		317		32,889
Amkor Technology		1,719		42,356
Avnet Inc		1,097		45,328
CMC Materials Inc		270		39,053
Cohu Inc *		908		32,152
Comtech Telecommunications Corp		1,478		36,906
FormFactor Inc *		952		35,471
Knowles *		1,569		31,443
Maximus Inc		482		42,898
MaxLinear Class A *		494		23,826
Science Applications International		320		27,936
Vishay Intertechnology Inc		1,949		43,131
				433,389
Materials — 12.2%
Avient Corp		737		35,759
Glatfelter Corp		2,113		32,181
Graphic Packaging Holding Co		2,431		46,602
Greif Class A		662		40,131
Innospec Inc		487		43,075
				197,748
Real Estate — 5.2%
Easterly Government Properties REIT		353		8,013
Global Medical Inc REIT		2,397		37,298

Gallery Trust

Mondrian U.S. Small Cap Equity Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
UNITED STATES (continued)
Real Estate (continued)
Physicians Realty Trust REIT		2,036	$	38,582
				83,893
Total United States				1,612,963
Total Common Stock
(Cost $1,330,231)				1,612,963
Total Value of Securities — 99.6%
(Cost $1,330,231)			$	1,612,963

Percentages are based on Net Assets of $1,620,022.

* Non-income producing security.

Ltd. — Limited

PLC — Public Limited Company

REIT — Real Estate Investment Trust

As of July 31, 2021, all of the Fund's investments were considered Level 1, in accordance the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

For the period ended July 31, 2021, there were no transfers in or out of Level 3.

For information on the Fund's policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to Note 2 of the Fund's most recent financial statements.

MON-QH-001-1100

Gallery Trust

Mondrian Global Listed Infrastructure Fund

July 31, 2021 (Unaudited)

COMMON STOCK — 99.7%
	Number of		Value
	Shares		(U.S. $)
CANADA — 4.6%
Enbridge Inc		1,965	$	77,460
Total Canada				77,460
CHILE — 4.0%
Enel Americas SA		483,776		67,235
Total Chile				67,235
CHINA — 3.5%
Jiangsu Expressway Co Ltd Class H		56,000		59,811
Total China				59,811
FRANCE — 11.8%
Eiffage SA		670		68,304
Rubis SCA		1,514		60,740
Veolia Environnement SA		2,210		72,567
Total France				201,611
INDIA — 3.7%
Power Grid Corp of India Ltd		27,388		62,991
Total India				62,991
ITALY — 7.3%
Atlantia SpA *		3,297		59,840
Snam SpA		10,770		65,208
Total Italy				125,048
MALAYSIA — 4.0%
Westports Holdings		70,600		67,923
Total Malaysia				67,923
MEXICO — 7.1%
Aeroportuario Centro Norte SAB de CV B Class B *		9,506		57,916
Promotora y Operadora de Infraestructura		8,276		62,504
Total Mexico				120,420

Gallery Trust

Mondrian Global Listed Infrastructure Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
PORTUGAL — 3.7%
EDP - Energias de Portugal SA		11,991	$	62,260
Total Portugal				62,260
SPAIN — 8.3%
Naturgy Energy Group SA		2,645		68,369
Red Electrica Corp SA		3,647		72,357
Total Spain				140,726
UNITED KINGDOM — 3.5%
SSE PLC		3,005		60,378
Total United Kingdom				60,378
UNITED STATES — 38.2%
Energy — 3.6%
Williams Co Inc		2,480		62,124
Health Care — 4.3%
HCA Healthcare		294		72,971
Real Estate — 3.8%
American Tower REIT		228		64,478
Utilities — 26.5%
Duke Energy Corp		649		68,216
Edison International		1,088		59,296
Evergy Inc		966		63,003
OGE Energy		2,034		68,647
Pinnacle West Capital		825		68,929
Portland General Electric Co		1,101		53,839

Gallery Trust

Mondrian Global Listed Infrastructure Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
UNITED STATES (continued)
Utilities (continued)
PPL Corporation		2,399	$	68,060
				449,990
Total United States				649,563
Total Common Stock
(Cost $1,526,818)				1,695,426
Total Value of Securities — 99.7%
(Cost $1,526,818)			$	1,695,426

Percentages are based on Net Assets of $1,701,001.

* Non-income producing security.

CV — Convertible Security

Ltd. — Limited

PLC — Public Limited Company

REIT — Real Estate Investment Trust

As of July 31, 2021, all of the Fund's investments were considered Level 1, in accordance the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

For the period ended July 31, 2021, there were no transfers in or out of Level 3.

For information on the Fund's policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to Note 2 of the Fund's most recent financial statements.

MON-QH-001-1100

 

Gallery Trust

Mondrian Global Equity Value Fund

July 31, 2021 (Unaudited)

COMMON STOCK — 87.9%
	Number of		Value
	Shares		(U.S. $)
BRAZIL — 1.0%
Hypera SA		101,600	$	695,833
Total Brazil				695,833
CHINA — 4.8%
Alibaba Group Holding Ltd *		56,300		1,369,258
Autohome ADR		9,284		420,565
Midea Group Co Ltd Class A		77,455		761,917
Ping An Insurance Group Co of China Ltd Class H		90,500		793,650
Total China				3,345,390
FRANCE — 4.9%
Sanofi SA		16,852		1,736,796
Thales SA		16,316		1,712,910
Total France				3,449,706
GERMANY — 1.7%
Continental AG		8,866		1,205,285
Total Germany				1,205,285
HONG KONG — 2.1%
NetEase Inc		22,300		446,221
WH Group Ltd		1,264,000		1,047,485
Total Hong Kong				1,493,706
INDIA — 1.2%
Infosys Ltd Sponsored ADR		9,481		209,720
Reliance Industries GDR		10,691		591,201
Total India				800,921
ITALY — 1.6%
Enel SpA		122,797		1,133,300
Total Italy				1,133,300
JAPAN — 14.6%
Hitachi		10,800		616,074
Kyocera Corp		24,900		1,529,113

Gallery Trust

Mondrian Global Equity Value Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
JAPAN (continued)
Matsumotokiyoshi Holdings Co Ltd		14,600	$	645,458
Mitsubishi Electric Corp		105,300		1,416,734
Otsuka Holdings Co Ltd		27,300		1,079,508
SCSK		20,800		1,247,564
Sekisui Chemical Co Ltd		38,900		666,624
Sundrug Co Ltd		58,500		1,893,031
Toyota Industries Corp		12,800		1,066,424
Total Japan				10,160,530
NETHERLANDS — 2.1%
Unilever NV		25,577		1,474,260
Total Netherlands				1,474,260
PERU — 0.6%
Credicorp Ltd *		3,964		400,205
Total Peru				400,205
SPAIN — 2.7%
Naturgy Energy Group SA		31,537		815,183
Red Electrica		54,263		1,076,583
Total Spain				1,891,766
TAIWAN — 1.9%
Taiwan Semiconductor Manufacturing Co Ltd		64,000		1,327,374
Total Taiwan				1,327,374
UNITED KINGDOM — 8.5%
GlaxoSmithKline PLC		91,236		1,798,037
Imperial Brands		26,244		562,512
Kingfisher PLC		211,639		1,083,759
Lloyds Banking Group PLC		2,617,631		1,660,443
SSE PLC		41,162		827,051
Total United Kingdom				5,931,802

Gallery Trust

Mondrian Global Equity Value Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
UNITED STATES — 40.2%
Communication Services — 2.2%
Alphabet Class A *		563	$	1,517,020
Consumer Discretionary — 0.9%
Ulta Beauty *		1,950		654,810
Consumer Staples — 4.8%
Colgate-Palmolive		19,416		1,543,572
PepsiCo Inc		11,386		1,787,033
				3,330,605
Energy — 0.9%
Exxon Mobil Corp		10,998		633,155
Financials — 7.7%
New York Community Bancorp		49,340		581,225
Pinnacle Financial Partners		2,453		219,813
Progressive		14,346		1,365,165
S&P Global Inc		2,904		1,245,003
Wells Fargo & Co		43,426		1,994,990
				5,406,196
Health Care — 8.5%
AbbVie Inc		4,974		578,476
Centene Corp *		27,038		1,855,077
HCA Healthcare		6,745		1,674,109
Johnson & Johnson		10,624		1,829,453
				5,937,115
Industrials — 3.9%
L3Harris Technologies		6,094		1,381,754
Stericycle Inc *		18,997		1,340,238
				2,721,992

Gallery Trust

Mondrian Global Equity Value Fund

July 31, 2021 (Unaudited)

COMMON STOCK — continued
	Number of		Value
	Shares		(U.S. $)
UNITED STATES (continued)
Information Technology — 8.8%
Cisco Systems Inc		23,895	$	1,323,066
Maximus Inc		15,176		1,350,664
Microsoft Corp		6,815		1,941,662
Sabre *		42,146		496,901
Visa Inc Class A		4,066		1,001,822
				6,114,115
Real Estate — 2.5%
American Tower REIT		6,156		1,740,917
Total United States				28,055,925
Total Common Stock
(Cost $59,818,313)				61,366,003
PREFERRED STOCK — 0.8%
SOUTH KOREA — 0.8%
Samsung Electronics Co Ltd**		8,738		547,716
Total Preferred Stock
(Cost $554,988)				547,716
Total Value of Securities — 88.7%
(Cost $60,373,301)			$	61,913,719

Percentages are based on Net Assets of $69,826,254.

*	Non-income producing security.
**	There is no current rate available.

Gallery Trust

Mondrian Global Equity Value Fund

July 31, 2021 (Unaudited)

ADR — American Depositary ReceiptGDR — Global Depositary ReceiptLtd. — LimitedPLC — Public Limited CompanyREIT — Real Estate Investment Trust

As of July 31, 2021, all of the Fund's investments were considered Level 1, in accordance the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

For the period ended July 31, 2021, there were no transfers in or out of Level 3.

For information on the Fund's policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to Note 2 of the Fund's most recent financial statements.

MON-QH-001-1100