Gallery Trust NPORT-P Mondrian International Value Equity Fund (Jan 2022 report)

Gallery Trust

Mondrian International Value Equity Fund

January 31, 2022 (Unaudited)

COMMON STOCK — 98.3%
	Number of Shares		Value (U.S. $)
DENMARK — 0.8%
ISS A/S *		320,448	$	6,036,129
Total Denmark				6,036,129
FRANCE — 8.7%
Bouygues SA		181,690		6,416,842
Cie de Saint-Gobain SA *		151,560		10,251,916
Dassault Aviation SA		86,353		10,244,822
Sanofi SA		254,978		26,665,592
Societe Generale SA		256,437		9,519,792
Total France				63,098,964
GERMANY — 6.8%
Allianz SE		72,026		18,520,072
Continental AG *		139,871		13,493,242
Evonik Industries AG		496,427		16,197,949
Vitesco Technologies Group *		20,737		1,026,766
Total Germany				49,238,029
HONG KONG — 5.9%
CK Hutchison Holdings Ltd		3,329,000		23,659,222
Jardine Matheson Holdings Ltd		153,315		9,042,750
WH Group Ltd		15,432,639		10,322,609
Total Hong Kong				43,024,581
ITALY — 7.0%
Enel SpA		2,859,697		21,903,395
Eni SpA		752,308		11,322,207
Snam SpA		3,106,982		17,401,831
Total Italy				50,627,433
JAPAN — 27.2%
Coca-Cola Bottlers Japan Holdings Inc		561,700		6,572,435
FUJIFILM Holdings Corp		207,600		13,968,564
Fujitsu Ltd		49,300		6,528,502
Hitachi Ltd		122,900		6,412,612
Honda Motor Co Ltd		681,100		20,074,099

Gallery Trust

Mondrian International Value Equity Fund

January 31, 2022 (Unaudited)

COMMON STOCK — continued
	Number of  Shares		Value (U.S. $)
JAPAN (continued)
Kyocera Corp		288,300	$	17,856,377
Mitsubishi Electric Corp		1,073,500		13,654,693
Nippon Telegraph & Telephone Corp		641,500		18,321,234
Otsuka Holdings Co Ltd		238,600		8,197,968
Secom Co Ltd		60,600		4,283,757
Sekisui Chemical Co Ltd		748,300		13,136,377
Sony Corp Group		197,800		22,374,199
Takeda Pharmaceutical Co Ltd		607,000		17,643,629
Tokio Marine Holdings Inc		237,852		14,268,428
Toyota Industries Corp		177,900		13,961,690
Total Japan				197,254,564
SINGAPORE — 4.6%
Singapore Telecommunications Ltd		4,163,502		7,532,567
United Overseas Bank Ltd		1,147,040		25,634,221
Total Singapore				33,166,788
SPAIN — 3.3%
Banco Santander SA		6,039,958		21,202,944
Red Electrica Corp SA		134,012		2,701,263
Total Spain				23,904,207
SWEDEN — 1.7%
Telia Co AB		3,077,715		12,112,184
Total Sweden				12,112,184
SWITZERLAND — 3.6%
Novartis AG		256,676		22,264,915
Zurich Insurance Group AG		9,104		4,351,747
Total Switzerland				26,616,662
TAIWAN — 1.7%
Taiwan Semiconductor Manufacturing Co Ltd		527,000		12,113,912
Total Taiwan				12,113,912

Gallery Trust

Mondrian International Value Equity Fund

January 31, 2022 (Unaudited)

COMMON STOCK — continued
	Number of Shares		Value (U.S. $)
UNITED KINGDOM — 27.0%
Associated British Foods		214,240	$	5,649,488
BP PLC		3,447,515		17,831,021
GlaxoSmithKline PLC		1,150,796		25,431,309
Imperial Brands PLC		787,759		18,627,807
Kingfisher PLC		3,205,162		14,313,527
Lloyds Banking Group PLC		35,001,475		24,198,452
Shell PLC		899,069		22,811,964
SSE PLC		1,036,321		22,148,977
Tesco PLC		4,283,772		17,184,690
Travis Perkins PLC		304,555		6,166,625
Wickes Group PLC		358,131		977,708
WPP PLC		1,296,405		20,266,103
Total United Kingdom				195,607,671
Total Common Stock
(Cost $662,255,318)				712,801,124
Total Value of Securities — 98.3%
(Cost $662,255,318)			$	712,801,124

Percentages are based on Net Assets of $725,274,922.

* Non-income producing security.

Ltd. — Limited

PLC — Public Limited Company

The following is a list of the inputs used as of January 31, 2022, in valuing the Fund’s investments carried at market value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	22,811,964	$	689,989,160	$	—	$	712,801,124
Total Investments in Securities	$	22,811,964	$	689,989,160	$	—	$	712,801,124

For the period ended January 31, 2022, 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-001-1200

Gallery Trust

Mondrian Emerging Markets Value Equity Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — 92.9%
	Number of Shares		Value (U.S. $)
BRAZIL — 5.3%
Hypera SA		74,900	$	438,672
Itau Unibanco Holding SA ADR		42,355		199,916
Suzano Papel e Celulose SA		36,600		408,933
Vale ADR Class B		18,123		275,107
Total Brazil				1,322,628
CHINA — 35.5%
Alibaba Group Holding Ltd *		83,992		1,301,811
Autohome ADR		14,699		489,771
Baidu Inc ADR *		4,947		790,234
China Medical System Holdings Ltd		132,000		223,798
China Merchants Bank Co Ltd Class H		75,500		633,918
CSPC Pharmaceutical Group Ltd		559,520		683,428
Gree Electric Appliances Inc Class A		83,596		502,795
Hengan International Group Co Ltd		50,000		244,827
Jiangsu Yanghe Brewery Joint-Stock Co Ltd Class A		6,112		151,155
LONGi Green Energy Tech Co Ltd Class A		19,300		217,216
Midea Group Co Ltd Class A		61,803		719,714
Ping An Insurance Group Co of China Ltd Class H		183,500		1,442,904
Tencent Holdings Ltd		13,600		844,941
Tingyi Cayman Islands Holding Corp Class H		202,000		418,816
Wuliangye Yibin Class A		6,300		198,518
Total China				8,863,846
HONG KONG — 2.8%
JD.com Inc Class A *		671		24,666
NetEase Inc		15,786		321,446
WH Group Ltd		537,728		359,676
Total Hong Kong				705,788
INDIA — 7.6%
Axis Bank Inc *		16,231		169,938
HCL Technologies Ltd		16,061		238,144
Housing Development Finance Corp Ltd		22,738		776,606

Gallery Trust

Mondrian Emerging Markets Value Equity Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — continued
	Number of Shares		Value (U.S. $)
INDIA (continued)
Infosys Ltd Sponsored ADR		6,716	$	158,296
Reliance Industries Ltd		17,682		569,023
Total India				1,912,007
INDONESIA — 2.6%
Bank Rakyat Indonesia Persero Tbk PT		2,246,239		640,108
Total Indonesia				640,108
MEXICO — 1.1%
Grupo Financiero Banorte SAB de CV Class O		45,666		288,855
Total Mexico				288,855
PERU — 2.8%
Credicorp Ltd		4,910		703,210
Total Peru				703,210
RUSSIA — 3.0%
LUKOIL PJSC Sponsored ADR		6,040		536,775
Polymetal International PLC		14,512		207,972
Total Russia				744,747
SOUTH AFRICA — 2.3%
Mondi PLC		22,894		572,624
Total South Africa				572,624
SOUTH KOREA — 7.7%
LG Chem Ltd		446		240,482
Samsung Electronics Co Ltd		2,597		161,530
Samsung Fire & Marine Insurance Co Ltd		2,199		365,955
Shinhan Financial Group Co Ltd		12,981		414,544
SK Hynix Inc		7,020		733,860
Total South Korea				1,916,371
TAIWAN — 18.2%
Alchip Technologies Ltd		9,000		308,610
CTBC Financial Holding Co Ltd		361,000		361,780
Delta Electronics Inc		53,000		514,789

Gallery Trust

Mondrian Emerging Markets Value Equity Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — continued
	Number of Shares		Value (U.S. $)
TAIWAN (continued)
Hon Hai Precision Industry Co Ltd		244,000	$	897,028
MediaTek Inc		7,000		275,003
Taiwan Semiconductor Manufacturing Co Ltd		95,000		2,183,722
Total Taiwan				4,540,932
UNITED KINGDOM — 2.0%
Unilever PLC		9,884		504,194
Total United Kingdom				504,194
UNITED STATES — 2.0%
Consumer Discretionary — 0.5%
Yum China Holdings Inc		2,742		132,082
Materials — 1.5%
Barrick Gold Corp US		18,849		360,959
Total United States				493,041
Total Common Stock
(Cost $22,057,378)				23,208,351
PREFERRED STOCK — 6.5%
BRAZIL — 0.9%
Itausa SA Pref**		115,680		223,077
SOUTH KOREA — 5.6%
LG Chem Ltd Pref**		1,236		312,608

Gallery Trust

Mondrian Emerging Markets Value Equity Fund

January 31, 2022 (Unaudited) 

PREFERRED STOCK — continued
	Number of Shares		Value (U.S. $)
SOUTH KOREA (continued)
Samsung Electronics Co Ltd**		19,466	$	1,097,056
				1,409,664
Total Preferred Stock
(Cost $1,441,115)				1,632,741
Total Value of Securities — 99.4%
(Cost $23,498,493)			$	24,841,092

A list of the open forward foreign currency exchange contracts held by the Fund at January 31, 2022 is as follows:

Counterparty	Maturity Date	Currency to Deliver		Currency to Receive		Unrealized Appreciation
Brown Brothers Harriman	02/07/22	HKD	720,952	USD	92,513	$	48
Net Unrealized Appreciation on Forward Foreign Currency Exchange Contracts						$	48

Percentages are based on Net Assets of $24,997,136.

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

ADR — American Depositary Receipt

HKD —Hong Kong Dollar

Ltd. — Limited

PLC — Public Limited Company

USD —United States Dollar

The following is a list of the inputs used as of January 31, 2022, in valuing the Fund’s investments carried at market value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	4,782,810	$	18,425,541	$	—	$	23,208,351
Preferred Stock		223,077		1,409,664		—		1,632,741
Total Investments in Securities	$	5,005,887	$	19,835,205	$	—	$	24,841,092

Other Financial Instruments	Level 1		Level 2		Level 3		Total
Forwards Contracts*
Unrealized Appreciation	$	—	$	48	$	—	$	48
Total Other Financial Instruments	$	—	$	48	$	—	$	48

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

For the period ended January 31, 2022, 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-001-1200

Gallery Trust 

Mondrian International Government Fixed Income Fund

January 31, 2022 (Unaudited)

GLOBAL BONDS — continued

	Face Amount (Local Currency)		Value (U.S. $)
AUSTRALIA — 2.9%
Australia Government Bond
4.750%, 04/21/27	AUD	211,000	$	172,852
3.250%, 04/21/25	AUD	181,000		135,733
3.000%, 03/21/47	AUD	150,000		116,449
Total Australia				425,034
AUSTRIA — 3.7%
Republic of Austria Government Bond
6.250%, 07/15/27	EUR	355,000		538,897
Total Austria				538,897
BELGIUM — 4.3%
Kingdom of Belgium Government Bond
1.000%, 06/22/26 (A)	EUR	530,000		626,104
Total Belgium				626,104
CANADA — 4.9%
Canadian Government Bond
2.000%, 09/01/23	CAD	465,000		370,325
1.000%, 06/01/27	CAD	440,000		335,264
Total Canada				705,589
FINLAND — 4.3%
Finland Government Bond
0.500%, 09/15/27 (A)	EUR	539,000		625,880
Total Finland				625,880
FRANCE — 4.5%
French Republic Government Bond OAT
1.500%, 05/25/31	EUR	440,000		549,130
0.500%, 05/25/25	EUR	90,000		103,714
Total France				652,844

Gallery Trust 

Mondrian International Government Fixed Income Fund

January 31, 2022 (Unaudited)

GLOBAL BONDS — continued

	Face Amount (Local Currency)		Value (U.S. $)
GERMANY — 14.8%
Bundesrepublik Deutschland Bundesanleihe
2.500%, 07/04/44	EUR	225,000	$	386,336
0.250%, 02/15/29	EUR	400,000		462,929
0.000%, 08/15/30	EUR	586,000		666,767
Kreditanstalt fuer Wiederaufbau
2.050%, 02/16/26	JPY	67,000,000		631,732
Total Germany				2,147,764
ITALY — 12.1%
Italy Buoni Poliennali Del Tesoro
2.950%, 09/01/38 (A)	EUR	550,000		728,620
2.000%, 02/01/28	EUR	550,000		664,730
1.450%, 05/15/25	EUR	308,000		360,140
Total Italy				1,753,490
JAPAN — 14.2%
Japan Government Thirty Year Bond
2.400%, 12/20/34	JPY	42,500,000		466,470
0.300%, 06/20/46	JPY	94,800,000		756,242
Japan Government Twenty Year Bond
0.200%, 06/20/36	JPY	98,050,000		831,320
Total Japan				2,054,032
MALAYSIA — 1.9%
Malaysia Government Bond
4.254%, 05/31/35	MYR	900,000		219,055
4.181%, 07/15/24	MYR	240,000		59,089
Total Malaysia				278,144
MEXICO — 5.2%
Mexican Bonos
8.000%, 11/07/47	MXN	15,590,000		755,225
Total Mexico				755,225

Gallery Trust 

Mondrian International Government Fixed Income Fund

January 31, 2022 (Unaudited)

GLOBAL BONDS — continued
	Face Amount (Local Currency)		Value (U.S. $)
NETHERLANDS — 4.7%
Netherlands Government Bond
2.750%, 01/15/47 (A)	EUR	250,000	$	446,430
0.500%, 01/15/40 (A)	EUR	205,000		238,639
Total Netherlands				685,069
PERU — 2.2%
Peru Government Bond
6.950%, 08/12/31	PEN	580,000		159,318
6.350%, 08/12/28	PEN	590,000		159,171
Total Peru				318,489
SINGAPORE — 3.2%
Singapore Government Bond
2.875%, 09/01/30	SGD	107,000		86,125
2.250%, 08/01/36	SGD	200,000		152,586
0.500%, 11/01/25	SGD	306,000		219,107
Total Singapore				457,818
SUPRANATIONAL — 13.4%
Asian Development Bank
2.350%, 06/21/27	JPY	70,000,000		686,912
European Financial Stability Facility
0.950%, 02/14/28	EUR	526,000		620,892
European Investment Bank
2.150%, 01/18/27	JPY	65,500,000		628,234
Total Supranational				1,936,038
UNITED KINGDOM — 1.8%
United Kingdom Gilt
4.250%, 09/07/39	GBP	88,000		169,228

Gallery Trust 

Mondrian International Government Fixed Income Fund

January 31, 2022 (Unaudited)

GLOBAL BONDS — continued
	Face Amount (Local Currency)		Value (U.S. $)
UNITED KINGDOM (continued)
1.500%, 07/22/47	GBP	73,000	$	98,041
Total United Kingdom				267,269
Total Global Bonds
(Cost $14,277,955)				14,227,686
Total Value of Securities — 98.1%
(Cost $14,277,955)			$	14,227,686

A list of the open forward foreign currency exchange contracts held by the Fund at January 31, 2022 is as follows:

Counterparty	Maturity Date	Currency to Deliver		Currency to Receive		Unrealized Appreciation (Depreciation)
Brown Brothers Harriman	04/28/22	USD	254,187	JPY	29,251,000	$	268
Brown Brothers Harriman	04/29/22	USD	186,089	EUR	166,000		808
Brown Brothers Harriman	04/29/22	USD	885,927	GBP	661,500		3,312
Brown Brothers Harriman	04/29/22	USD	145,218	NOK	1,300,500		771
Brown Brothers Harriman	04/29/22	USD	577,585	PLN	2,377,500		1,112
Brown Brothers Harriman	04/29/22	CAD	891,000	USD	701,218		416
Brown Brothers Harriman	04/29/22	SGD	616,500	USD	456,065		(214	)
Brown Brothers Harriman	04/29/22	MXN	12,538,000	USD	595,265		(3,155	)
Brown Brothers Harriman	04/29/22	AUD	200,500	USD	141,962		126
Net Unrealized Appreciation (Depreciation) on Forward Foreign Currency Exchange Contracts						$	3,444

Percentages are based on Net Assets of $14,499,999.

(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 January 31, 2022 was $2,665,673 and represents 18.4% of Net Assets.

AUD — Australian Dollar

CAD — Canadian Dollar

EUR — Euro

GBP — Pound Sterling

JPY — Japanese Yen

MXN — Mexican Peso

MYR — Malaysian Ringgit

NOK — Norwegian Krone

OAT — Obligations Assimilables du Tresor

PEN — Peruvian Sol

PLN — Polish Zloty

SGD — Singapore Dollar

USD — United States Dollar

Gallery Trust 

Mondrian International Government Fixed Income Fund

January 31, 2022 (Unaudited)

The following is a list of the inputs used as of January 31, 2022, in valuing the Fund’s investments carried at market value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Global Bonds	$	—	$	14,227,686	$	—	$	14,227,686
Total Investments in Securities	$	—	$	14,227,686	$	—	$	14,227,686

Other Financial Instruments	Level 1		Level 2			Level 3		Total
Forwards Contracts*
Unrealized Appreciation	$	—	$	6,813		$	—	$	6,813
Unrealized Depreciation		—		(3,369	)		—		(3,369	)
Total Other Financial Instruments	$	—	$	3,444		$	—	$	3,444

*    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 January 31, 2022, 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-001-1200

Gallery Trust 

Mondrian U.S. Small Cap Equity Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — 97.6%
	Number of Shares		Value (U.S. $)
UNITED STATES — 97.6%
Consumer Discretionary — 1.9%
MDC Holdings Inc		652	$	33,050
Financials — 13.6%
Bancorp *		1,383		41,241
Houlihan Lokey Inc Class A		311		33,053
Main Street Capital		656		29,021
Moelis & Company Class A		582		32,866
Prog Holdings Inc *		1,123		44,707
Umpqua Holdings		1,441		29,223
Wintrust Financial		307		30,108
				240,219
Health Care — 5.0%
AMN Healthcare Services Inc *		265		26,855
iRadimed Corp *		538		21,423
Supernus Pharmaceuticals Inc *		1,307		40,321
				88,599
Industrials — 35.4%
AAR Corp *		895		36,042
Astronics Corp *		1,913		23,013
Barnes Group Inc		801		36,181
Curtiss-Wright		305		40,501
Douglas Dynamics Inc		1,227		44,822
EnerSys		621		46,531
GrafTech International Ltd		3,672		38,483
Great Lakes Dredge & Dock *		2,266		31,022
Kforce Inc		379		26,026
Luxfer Holdings PLC		1,649		28,165
McGrath RentCorp		445		33,914
MSC Industrial Direct Co Inc Class A		482		39,350
Parsons Corp *		1,100		33,495

Gallery Trust 

Mondrian U.S. Small Cap Equity Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — continued
	Number of Shares		Value (U.S. $)
UNITED STATES (continued)
Industrials (continued)
Timken Company		518	$	34,603
TPI Composites Inc *		1,456		17,574
US Ecology Inc *		1,314		37,554
Wabash National		1,745		34,237
Willdan Group Inc *		1,296		40,772
				622,285
Information Technology — 25.1%
Advanced Energy Industries Inc		477		41,108
Amkor Technology Inc		1,461		32,171
Avnet Inc		1,164		46,979
Cohu Inc *		1,250		41,225
Comtech Telecommunications Corp		1,286		26,144
FormFactor Inc *		864		36,927
Knowles *		1,648		34,954
Maximus Inc		595		46,005
MaxLinear Inc Class A *		273		16,386
Science Applications International		435		35,683
TTM Technologies Inc *		2,631		35,413
Vishay Intertechnology Inc		2,420		50,118
				443,113
Materials — 11.8%
Avient Corp		667		33,197
Glatfelter Corp		2,239		38,869
Graphic Packaging Holding Co		2,585		48,882
Greif Inc Class A		666		39,401
Innospec Inc		521		48,432
				208,781
Real Estate — 4.8%
Easterly Government Properties Inc Class A REIT		395		8,283
Global Medical Inc REIT		2,186		36,965

Gallery Trust 

Mondrian U.S. Small Cap Equity Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — continued
	Number of Shares		Value (U.S. $)
UNITED STATES (continued)
Real Estate (continued)
Physicians Realty Trust REIT		2,164	$	39,515
				84,763
Total United States				1,720,810
Total Common Stock
(Cost $1,562,673)				1,720,810
Total Value of Securities — 97.6%
(Cost $1,562,673)			$	1,720,810

Percentages are based on Net Assets of $1,762,448.

* Non-income producing security.

Ltd. — Limited

PLC — Public Limited Company

REIT — Real Estate Investment Trust

As of January 31, 2022, 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 January 31, 2022, 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-001-1200

Gallery Trust 

Mondrian Global Listed Infrastructure Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — 98.2%
	Number of Shares		Value (U.S. $)
AUSTRALIA — 3.0%
Aurizon Holdings Ltd		20,695	$	51,550
Total Australia				51,550
CANADA — 4.8%
Enbridge Inc		1,965		83,074
Total Canada				83,074
CHILE — 3.3%
Enel Americas SA		483,776		56,931
Total Chile				56,931
CHINA — 7.7%
Guangdong Investment Ltd		48,000		68,708
Jiangsu Expressway Co Ltd Class H		62,000		64,605
Total China				133,313
FRANCE — 11.6%
Eiffage SA		670		70,344
Rubis SCA		2,199		71,147
Veolia Environnement SA		1,652		59,607
Total France				201,098
INDIA — 3.9%
Power Grid Corp of India Ltd		23,287		67,512
Total India				67,512
ITALY — 10.7%
Atlantia SpA *		3,297		61,143
Enel SpA		8,565		65,602
Snam SpA		10,770		60,321
Total Italy				187,066
MALAYSIA — 3.7%
Westports Holdings		70,600		64,871
Total Malaysia				64,871

Gallery Trust 

Mondrian Global Listed Infrastructure Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — continued
	Number of Shares		Value (U.S. $)
MEXICO — 7.1%
Aeroportuario Centro Norte SAB de CV B Class B		9,506	$	63,912
Promotora y Operadora de Infraestructura		8,276		60,630
Total Mexico				124,542
PORTUGAL — 3.5%
EDP - Energias de Portugal SA		11,991		61,564
Total Portugal				61,564
SPAIN — 6.8%
Iberdrola SA		4,825		55,348
Red Electrica Corp SA		3,147		63,434
Total Spain				118,782
UNITED KINGDOM — 3.8%
SSE PLC		3,120		66,683
Total United Kingdom				66,683
UNITED STATES — 28.3%
Health Care — 3.7%
HCA Healthcare Inc		267		64,093
Real Estate — 3.3%
American Tower REIT		228		57,342
Utilities — 21.3%
Edison International		1,088		68,316
Evergy Inc		966		62,751
Eversource Energy		599		53,605
OGE Energy		1,495		56,690
Portland General Electric Co		1,101		57,847

Gallery Trust 

Mondrian Global Listed Infrastructure Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — continued
	Number of Shares		Value (U.S. $)
UNITED STATES (continued)
Utilities (continued)
PPL Corporation		2,399	$	71,202
				370,411
Total United States				491,846
Total Common Stock
(Cost $1,563,852)				1,708,832
Total Value of Securities — 98.2%
(Cost $1,563,852)			$	1,708,832

Percentages are based on Net Assets of $1,739,442.

* Non-income producing security.

Ltd. — Limited

PLC — Public Limited Company

REIT — Real Estate Investment Trust

The following is a list of the inputs used as of January 31, 2022, in valuing the Fund’s investments carried at market value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	756,393	$	952,439	$	—	$	1,708,832
Total Investments in Securities	$	756,393	$	952,439	$	—	$	1,708,832

For the period ended January 31, 2022, 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-001-1200

Gallery Trust 

Mondrian Global Equity Value Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — 97.3%
	Number of Shares		Value (U.S. $)
BRAZIL — 0.8%
Hypera SA *		150,500	$	881,443
Total Brazil				881,443
CHINA — 5.0%
Alibaba Group Holding Ltd *		107,300		1,663,066
Autohome Inc ADR		30,861		1,028,289
Midea Group Co Ltd Class A		117,055		1,363,139
Ping An Insurance Group Co of China Ltd Class H		204,000		1,604,100
Total China				5,658,594
FRANCE — 7.7%
Sanofi SA		30,403		3,179,545
Thales SA		29,550		2,727,618
Ubisoft Entertainment *		47,158		2,703,507
Total France				8,610,670
GERMANY — 1.4%
Continental AG *		15,618		1,506,656
Vitesco Technologies Group *		2,241		110,960
Total Germany				1,617,616
HONG KONG — 1.4%
WH Group Ltd		2,360,457		1,578,866
Total Hong Kong				1,578,866
INDIA — 0.9%
Reliance Industries Ltd		29,730		956,739
Total India				956,739
ITALY — 2.8%
Enel SpA		404,198		3,095,890
Total Italy				3,095,890
JAPAN — 15.5%
Hitachi Ltd		27,300		1,424,445
Kyocera Corp		33,800		2,093,464

Gallery Trust 

Mondrian Global Equity Value Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — continued
	Number of Shares		Value (U.S. $)
JAPAN (continued)
Matsumotokiyoshi Holdings Co Ltd		43,400	$	1,490,215
Mitsubishi Electric Corp		172,100		2,189,076
Otsuka Holdings Co Ltd		11,500		395,124
SCSK		112,100		1,903,718
Sekisui Chemical Co Ltd		66,000		1,158,627
Sony Corp Group		19,900		2,250,994
Sundrug Co Ltd		96,300		2,431,801
Toyota Industries Corp		25,400		1,993,406
Total Japan				17,330,870
PERU — 0.9%
Credicorp Ltd		7,192		1,030,038
Total Peru				1,030,038
SOUTH KOREA — 0.8%
LG Chem Ltd		1,709		921,486
Total South Korea				921,486
SPAIN — 0.1%
Red Electrica Corp SA		6,975		140,594
Total Spain				140,594
TAIWAN — 2.1%
Taiwan Semiconductor Manufacturing Co Ltd		102,000		2,344,628
Total Taiwan				2,344,628
UNITED KINGDOM — 10.2%
Associated British Foods		37,303		983,677
GlaxoSmithKline PLC		153,857		3,400,068
Imperial Brands PLC		49,822		1,178,120
Lloyds Banking Group PLC		4,779,222		3,304,140
Unilever PLC		50,702		2,586,365
Total United Kingdom				11,452,370

Gallery Trust 

Mondrian Global Equity Value Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — continued
	Number of Shares		Value (U.S. $)
UNITED STATES — 47.7%
Communication Services — 3.0%
Alphabet Inc Class A *		910	$	2,462,523
Meta Platforms Inc Class A *		2,956		925,997
				3,388,520
Consumer Discretionary — 1.8%
Dollar Tree Inc *		15,680		2,057,530
Consumer Staples — 5.1%
Colgate-Palmolive		38,915		3,208,542
Walmart Inc		17,810		2,490,016
				5,698,558
Energy — 1.3%
Exxon Mobil Corp		19,536		1,483,955
Financials — 10.2%
New York Community Bancorp Inc		48,476		565,230
Pinnacle Financial Partners Inc		15,491		1,498,135
Progressive		31,318		3,403,014
S&P Global Inc		5,099		2,117,207
Wells Fargo & Co		70,597		3,798,118
				11,381,704
Health Care — 10.8%
AbbVie Inc		20,613		2,821,714
Centene Corp *		46,198		3,592,356
HCA Healthcare Inc		9,019		2,165,011
Johnson & Johnson		19,930		3,433,740
				12,012,821
Industrials — 3.2%
L3Harris Technologies Inc		5,543		1,160,094

Gallery Trust 

Mondrian Global Equity Value Fund

January 31, 2022 (Unaudited) 

COMMON STOCK — continued
	Number of Shares		Value (U.S. $)
UNITED STATES (continued)
Industrials (continued)
Stericycle Inc *		42,638	$	2,504,556
				3,664,650
Information Technology — 10.4%
Dell Technologies Inc Class C *		50,180		2,850,726
Maximus Inc		23,636		1,827,536
Microsoft Corp		12,441		3,868,902
Sabre *		108,133		989,417
Visa Inc Class A		9,714		2,197,015
				11,733,596
Real Estate — 1.9%
American Tower REIT		8,411		2,115,367
Total United States				53,536,701
Total Common Stock
(Cost $108,731,993)				109,156,505
PREFERRED STOCK — 0.8%
SOUTH KOREA — 0.8%
Samsung Electronics Co Ltd**		15,681		883,742
Total Preferred Stock
(Cost $951,248)				883,742
Total Value of Securities — 98.1%
(Cost $109,683,241)			$	110,040,247

Gallery Trust 

Mondrian Global Equity Value Fund

January 31, 2022 (Unaudited) 

A list of the open forward foreign currency exchange contracts held by the Fund at January 31, 2022 is as follows:

Counterparty	Maturity Date	Currency to Deliver		Currency to Receive		Unrealized Depreciation
Brown Brothers Harriman	02/07/22	USD	62,513	HKD	487,161	$	(33	)
Net Unrealized Depreciation on Forward Foreign Currency Exchange Contracts						$	(33	)

Percentages are based on Net Assets of $112,154,665.

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

ADR — American Depositary Receipt

HKD —Hong Kong Dollar

Ltd. — Limited

PLC — Public Limited Company

REIT — Real Estate Investment Trust

USD —United States Dollar

The following is a list of the inputs used as of January 31, 2022, in valuing the Fund’s investments carried at market value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	56,476,471	$	52,680,034	$	—	$	109,156,505
Preferred Stock		—		883,742		—		883,742
Total Investments in Securities	$	56,476,471	$	53,563,776	$	—	$	110,040,247

Other Financial Instruments	Level 1		Level 2			Level 3		Total
Forwards Contracts*
Unrealized Depreciation	$	—	$	(33	)	$	—	$	(33	)
Total Other Financial Instruments	$	—	$	(33	)	$	—	$	(33	)

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

For the period ended January 31, 2022, 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-001-1200