Gallery Trust
Mondrian International Value
Equity Fund
July 31, 2024
(Unaudited)
Schedule of Investments
COMMON STOCK — 99.2% | ||||||||
Number of Shares | Value | |||||||
AUSTRALIA — 1.4% | ||||||||
Aurizon Holdings Ltd | 5,363,753 | $ | 13,078,280 | |||||
Total Australia | 13,078,280 | |||||||
AUSTRIA — 1.5% | ||||||||
ANDRITZ | 216,455 | 13,866,184 | ||||||
Total Austria | 13,866,184 | |||||||
FRANCE — 7.5% | ||||||||
Bouygues SA | 542,040 | 18,714,501 | ||||||
Kering SA | 54,652 | 16,785,723 | ||||||
Sanofi SA | 238,466 | 24,584,089 | ||||||
Vinci SA | 86,358 | 9,855,010 | ||||||
Total France | 69,939,323 | |||||||
GERMANY — 10.5% | ||||||||
Allianz SE | 95,736 | 26,965,547 | ||||||
Continental AG | 170,925 | 10,478,373 | ||||||
Deutsche Post | 580,774 | 25,905,763 | ||||||
Evonik Industries AG | 1,113,380 | 22,547,860 | ||||||
HeidelbergMaterials AG | 116,788 | 12,166,895 | ||||||
Total Germany | 98,064,438 | |||||||
HONG KONG — 4.6% | ||||||||
CK Hutchison Holdings Ltd | 3,570,500 | 18,652,687 | ||||||
Jardine Matheson Holdings Ltd | 336,115 | 11,840,983 | ||||||
WH Group Ltd | 19,772,139 | 12,852,765 | ||||||
Total Hong Kong | 43,346,435 | |||||||
ITALY — 6.8% | ||||||||
Enel SpA | 3,984,947 | 28,449,270 | ||||||
Eni SpA | 535,536 | 8,568,478 | ||||||
Snam SpA | 5,433,981 | 25,966,990 | ||||||
Total Italy | 62,984,738 | |||||||
Gallery Trust
Mondrian International Value
Equity Fund
July 31, 2024
(Unaudited)
COMMON STOCK — continued | ||||||||
| Number of Shares | Value | ||||||
JAPAN — 24.4% | ||||||||
FUJIFILM Holdings Corp | 1,126,700 | $ | 26,788,345 | |||||
Fujitsu Ltd | 1,822,400 | 33,095,102 | ||||||
Hitachi Ltd | 631,100 | 13,635,977 | ||||||
Honda Motor Co Ltd | 1,221,800 | 13,054,416 | ||||||
Kao Corp | 160,800 | 7,041,381 | ||||||
Kyocera Corp | 891,000 | 11,222,116 | ||||||
MINEBEA MITSUMI | 575,200 | 13,836,050 | ||||||
Mitsubishi Electric Corp | 672,700 | 11,208,378 | ||||||
Nippon Telegraph & Telephone Corp | 14,283,000 | 15,221,583 | ||||||
Secom Co Ltd | 235,900 | 15,062,864 | ||||||
Sony Corp Group | 312,600 | 27,764,707 | ||||||
Sumitomo Metal Mining | 378,100 | 11,529,819 | ||||||
Takeda Pharmaceutical Co Ltd | 373,300 | 10,480,132 | ||||||
Toyota Industries Corp | 208,000 | 17,486,581 | ||||||
Total Japan | 227,427,451 | |||||||
NETHERLANDS — 4.4% | ||||||||
Koninklijke Ahold Delhaize NV | 414,473 | 13,352,346 | ||||||
Koninklijke Philips NV * | 999,654 | 28,079,996 | ||||||
Total Netherlands | 41,432,342 | |||||||
SINGAPORE — 5.0% | ||||||||
Singapore Telecommunications Ltd | 7,666,302 | 17,703,293 | ||||||
United Overseas Bank Ltd | 1,191,240 | 28,886,002 | ||||||
Total Singapore | 46,589,295 | |||||||
SPAIN — 3.2% | ||||||||
Banco Santander SA | 6,167,912 | 29,754,969 | ||||||
Total Spain | 29,754,969 | |||||||
SWITZERLAND — 4.9% | ||||||||
Novartis AG | 129,939 | 14,504,811 | ||||||
Roche Holding | 36,058 | 11,674,124 | ||||||
Sandoz Group | 460,424 | 19,970,105 | ||||||
Total Switzerland | 46,149,040 | |||||||
Gallery Trust
Mondrian International Value
Equity Fund
July 31, 2024
(Unaudited)
COMMON STOCK — continued | ||||||||
| Number of Shares | Value | ||||||
TAIWAN — 1.2% | ||||||||
Taiwan Semiconductor Manufacturing Co Ltd | 391,000 | $ | 11,405,984 | |||||
Total Taiwan | 11,405,984 | |||||||
UNITED KINGDOM — 23.8% | ||||||||
Associated British Foods PLC | 372,189 | 11,882,189 | ||||||
BP PLC | 3,071,694 | 18,157,061 | ||||||
British American Tobacco PLC | 219,763 | 7,797,390 | ||||||
GSK PLC | 1,316,422 | 25,563,224 | ||||||
Imperial Brands PLC | 907,123 | 25,001,895 | ||||||
Kingfisher PLC | 3,979,260 | 14,146,743 | ||||||
Lloyds Banking Group PLC | 45,182,715 | 34,517,194 | ||||||
Shell PLC | 559,378 | 20,397,020 | ||||||
SSE PLC | 1,220,041 | 29,527,084 | ||||||
Tesco PLC | 3,278,219 | 13,979,825 | ||||||
WPP PLC | 2,224,025 | 21,453,052 | ||||||
Total United Kingdom | 222,422,677 | |||||||
Total Common Stock | ||||||||
(Cost $833,493,454) | 926,461,156 | |||||||
Total Value of Securities — 99.2% | ||||||||
(Cost $833,493,454) | $ | 926,461,156 | ||||||
Percentages are based on Net Assets of $934,351,720.
* | Non-income producing security. |
Ltd — Limited |
PLC — Public Limited Company |
MON-QH-001-1700
Gallery Trust
Mondrian Emerging Markets Value
Equity Fund
July 31, 2024
(Unaudited)
Schedule of Investments
COMMON STOCK — 90.4% | ||||||||
Number of Shares | Value | |||||||
AUSTRIA — 1.5% | ||||||||
Mondi PLC | 16,110 | $ | 314,971 | |||||
Total Austria | 314,971 | |||||||
BRAZIL — 5.8% | ||||||||
Hypera SA | 57,300 | 290,848 | ||||||
Petroleo Brasileiro ADR | 36,195 | 516,503 | ||||||
Vale Sponsored ADR Class B | 35,406 | 384,155 | ||||||
Total Brazil | 1,191,506 | |||||||
CANADA — 1.8% | ||||||||
Barrick Gold Corp US | 20,412 | 377,826 | ||||||
Total Canada | 377,826 | |||||||
CHILE — 0.7% | ||||||||
Sociedad Quimica y Minera de Chile Sponsored ADR | 3,777 | 143,753 | ||||||
Total Chile | 143,753 | |||||||
CHINA — 26.6% | ||||||||
Alibaba Group Holding Ltd | 90,584 | 891,367 | ||||||
Autohome Inc Sponsored ADR | 10,742 | 267,905 | ||||||
Baidu Inc Sponsored ADR * | 1,995 | 176,697 | ||||||
China Medical System Holdings Ltd | 108,000 | 89,567 | ||||||
China Merchants Bank Class A | 58,800 | 266,163 | ||||||
China Merchants Bank Co Ltd Class H | 26,500 | 109,838 | ||||||
China Tower Class H | 2,448,000 | 300,366 | ||||||
CSPC Pharmaceutical Group Ltd | 429,520 | 319,496 | ||||||
Gree Electric Appliances Inc Class A | 40,896 | 226,494 | ||||||
Midea Group Co Ltd Class A | 22,003 | 194,055 | ||||||
PetroChina Class H | 322,000 | 279,617 | ||||||
Ping An Insurance Group Co of China Ltd Class H | 86,000 | 373,465 | ||||||
Sinotruk Hong Kong | 100,500 | 264,523 | ||||||
Tencent Holdings Ltd | 16,400 | 756,802 | ||||||
Tingyi Cayman Islands Holding Corp Class H | 186,000 | 226,789 | ||||||
Wuliangye Yibin Class A | 12,100 | 212,588 | ||||||
Xinyi Solar Holdings Ltd | 300,000 | 142,344 |
Gallery Trust
Mondrian Emerging Markets Value
Equity Fund
July 31, 2024
(Unaudited)
COMMON STOCK — continued | ||||||||
| Number of Shares | Value | ||||||
CHINA (continued) | ||||||||
Yum China Holdings Inc | 12,862 | $ | 388,947 | |||||
Total China | 5,487,023 | |||||||
FINLAND — 0.6% | ||||||||
Metso | 11,427 | 116,105 | ||||||
Total Finland | 116,105 | |||||||
HONG KONG — 1.2% | ||||||||
WH Group Ltd | 370,728 | 240,989 | ||||||
Total Hong Kong | 240,989 | |||||||
INDIA — 9.0% | ||||||||
Axis Bank Inc | 42,316 | 591,125 | ||||||
HCL Technologies Ltd | 5,917 | 116,428 | ||||||
HDFC Bank | 35,390 | 683,884 | ||||||
HDFC Bank Ltd Sponsored ADR | 2,304 | 138,263 | ||||||
Infosys | 2,122 | 47,055 | ||||||
Infosys Ltd Sponsored ADR | 12,844 | 284,238 | ||||||
Total India | 1,860,993 | |||||||
INDONESIA — 4.2% | ||||||||
Bank Rakyat Indonesia Persero Tbk PT | 1,891,639 | 544,300 | ||||||
Telkom Indonesia Persero | 1,846,400 | 327,929 | ||||||
Total Indonesia | 872,229 | |||||||
MALAYSIA — 1.6% | ||||||||
Malayan Banking Bhd | 152,000 | 338,136 | ||||||
Total Malaysia | 338,136 | |||||||
MEXICO — 3.0% | ||||||||
Grupo Aeroportuario Pacifico Class B | 18,744 | 300,190 | ||||||
Grupo Financiero Banorte SAB de CV Sponsored Class O | 42,234 | 317,157 | ||||||
Total Mexico | 617,347 | |||||||
Gallery Trust
Mondrian Emerging Markets Value
Equity Fund
July 31, 2024
(Unaudited)
COMMON STOCK — continued | ||||||||
| Number of Shares | Value | ||||||
PERU — 2.0% | ||||||||
Credicorp Ltd | 2,458 | $ | 419,433 | |||||
Total Peru | 419,433 | |||||||
PORTUGAL — 1.4% | ||||||||
Jeronimo Martins SGPS | 15,854 | 277,102 | ||||||
Total Portugal | 277,102 | |||||||
SAUDI ARABIA — 5.0% | ||||||||
Saudi Arabian Oil | 43,755 | 321,898 | ||||||
Saudi National Bank | 42,933 | 433,808 | ||||||
Saudi Telecom | 25,827 | 265,293 | ||||||
Total Saudi Arabia | 1,020,999 | |||||||
SOUTH KOREA — 9.9% | ||||||||
Kia Corp | 3,591 | 294,665 | ||||||
KT Corp | 1,223 | 35,615 | ||||||
KT Corp ADR | 10,429 | 151,951 | ||||||
LG Chem Ltd | 468 | 105,246 | ||||||
Samsung Electronics Co Ltd | 7,631 | 470,545 | ||||||
Samsung Fire & Marine Insurance Co Ltd | 1,135 | 308,640 | ||||||
Shinhan Financial Group Co Ltd | 15,335 | 674,448 | ||||||
Total South Korea | 2,041,110 | |||||||
TAIWAN — 12.0% | ||||||||
Hon Hai Precision Industry Co Ltd | 26,000 | 159,508 | ||||||
Lite-On Technology | 97,000 | 296,656 | ||||||
MediaTek Inc | 4,000 | 152,341 | ||||||
Taiwan Semiconductor Manufacturing Co Ltd | 64,000 | 1,866,964 | ||||||
Total Taiwan | 2,475,469 | |||||||
UNITED ARAB EMIRATES — 2.8% | ||||||||
Adnoc Gas | 309,858 | 263,318 | ||||||
First Abu Dhabi Bank PJSC | 85,306 | 303,144 | ||||||
Total United Arab Emirates | 566,462 | |||||||
Gallery Trust
Mondrian Emerging Markets Value
Equity Fund
July 31, 2024
(Unaudited)
COMMON STOCK — continued | ||||||||
| Number of Shares | Value | ||||||
UNITED KINGDOM — 1.3% | ||||||||
Unilever PLC | 4,390 | $ | 268,953 | |||||
Total United Kingdom | 268,953 | |||||||
Total Common Stock | ||||||||
(Cost $17,823,155) | 18,630,406 | |||||||
PREFERRED STOCK — 8.0% | ||||||||
BRAZIL — 1.7% | ||||||||
Itau Unibanco Holding SA Sponsored ADR^ | 13,827 | 83,239 | ||||||
Itausa SA^ | 145,290 | 259,952 | ||||||
343,191 | ||||||||
SOUTH KOREA — 6.3% | ||||||||
Hyundai Motor^ | 1,672 | 203,212 | ||||||
LG Chem Ltd^ | 646 | 100,679 | ||||||
Samsung Electronics Co Ltd^ | 21,088 | 1,003,933 | ||||||
1,307,824 | ||||||||
Total Preferred Stock | ||||||||
(Cost $1,481,030) | 1,651,015 | |||||||
Total Value of Securities — 98.4% | ||||||||
(Cost $19,304,185) | $ | 20,281,421 |
Percentages are based on Net Assets of $20,607,023.
* | Non-income producing security. |
^ | There is currently no rate available. |
ADR — American Depositary Receipt |
Ltd — Limited |
PLC — Public Limited Company |
MON-QH-001-1700
Gallery Trust
Mondrian Global Listed
Infrastructure Fund
July 31, 2024
(Unaudited)
Schedule of Investments
COMMON STOCK — 98.8% | ||||||||
Number of Shares | Value | |||||||
AUSTRALIA — 3.9% | ||||||||
Aurizon Holdings Ltd | 30,734 | $ | 74,938 | |||||
Total Australia | 74,938 | |||||||
CANADA — 7.9% | ||||||||
Enbridge Inc | 2,074 | 77,618 | ||||||
TC Energy | 1,719 | 72,986 | ||||||
Total Canada | 150,604 | |||||||
CHILE — 2.6% | ||||||||
Enel Americas SA | 526,148 | 49,242 | ||||||
Total Chile | 49,242 | |||||||
CHINA — 5.7% | ||||||||
Guangdong Investment Ltd | 84,000 | 44,050 | ||||||
Jiangsu Expressway Co Ltd Class H | 68,000 | 64,711 | ||||||
Total China | 108,761 | |||||||
FRANCE — 10.9% | ||||||||
Eiffage SA | 735 | 73,148 | ||||||
Veolia Environnement SA | 2,124 | 66,723 | ||||||
Vinci | 583 | 66,531 | ||||||
Total France | 206,402 | |||||||
ITALY — 11.4% | ||||||||
Enav SpA | 20,221 | 86,490 | ||||||
Enel SpA | 11,002 | 78,545 | ||||||
Snam SpA | 10,742 | 51,332 | ||||||
Total Italy | 216,367 | |||||||
MALAYSIA — 4.2% | ||||||||
Westports Holdings | 82,400 | 80,346 | ||||||
Total Malaysia | 80,346 | |||||||
Gallery Trust
Mondrian Global Listed
Infrastructure Fund
July 31, 2024
(Unaudited)
COMMON STOCK — continued | ||||||||
| Number of Shares | Value | ||||||
MEXICO — 3.0% | ||||||||
Promotora y Operadora de Infraestructura | 6,119 | $ | 57,147 | |||||
Total Mexico | 57,147 | |||||||
PORTUGAL — 4.0% | ||||||||
EDP | 18,568 | 76,527 | ||||||
Total Portugal | 76,527 | |||||||
SPAIN — 11.5% | ||||||||
Cellnex Telecom | 2,220 | 77,427 | ||||||
Iberdrola SA | 5,713 | 75,458 | ||||||
Redeia Corp SA | 3,763 | 66,812 | ||||||
Total Spain | 219,697 | |||||||
UNITED KINGDOM — 4.0% | ||||||||
SSE PLC | 3,127 | 75,679 | ||||||
Total United Kingdom | 75,679 | |||||||
UNITED STATES — 29.7% | ||||||||
American Tower REIT | 405 | 89,262 | ||||||
CSX Corp | 2,312 | 81,151 | ||||||
Edison International | 1,095 | 87,611 | ||||||
Eversource Energy | 1,238 | 80,359 | ||||||
HCA Healthcare Inc | 197 | 71,521 | ||||||
Norfolk Southern | 283 | 70,626 | ||||||
Prologis | 670 | 84,453 | ||||||
Total United States | 564,983 | |||||||
Total Common Stock | ||||||||
(Cost $1,828,282) | 1,880,693 |
Gallery Trust
Mondrian Global Listed
Infrastructure Fund
July 31, 2024
(Unaudited)
RIGHTS — 0.1% | ||||||||
Number of Rights | Value | |||||||
Iberdrola * (A)(B) | 5,713 | $ | 2,368 | |||||
Total Rights | ||||||||
(Cost $–) | 2,368 | |||||||
Total Value of Securities — 98.9% | ||||||||
(Cost $1,828,282) | $ | 1,883,061 | ||||||
Percentages are based on Net Assets of $1,903,917.
* | Non-income producing security. |
(A) | Expiration date is unavailable. |
(B) | Strike price is unavailable. |
Ltd — Limited |
PLC — Public Limited Company |
REIT — Real Estate Investment Trust |
MON-QH-001-1700
Gallery Trust
Mondrian Global Equity
Value Fund
July 31, 2024
(Unaudited)
Schedule of Investment
COMMON STOCK — 96.2% | ||||||||
Number of Shares | Value | |||||||
AUSTRALIA — 1.2% | ||||||||
Aurizon Holdings Ltd | 1,055,389 | $ | 2,573,324 | |||||
Total Australia | 2,573,324 | |||||||
BRAZIL — 0.9% | ||||||||
Hypera SA | 346,400 | 1,758,289 | ||||||
Total Brazil | 1,758,289 | |||||||
CHINA — 4.0% | ||||||||
Alibaba Group Holding Ltd | 391,800 | 3,855,400 | ||||||
Midea Group Co Ltd Class A | 205,455 | 1,812,008 | ||||||
Ping An Insurance Group Co of China Ltd Class H | 270,500 | 1,174,679 | ||||||
Yum China Holdings Inc | 46,700 | 1,412,208 | ||||||
Total China | 8,254,295 | |||||||
FRANCE — 5.0% | ||||||||
Kering SA | 8,012 | 2,460,792 | ||||||
Sanofi SA | 45,180 | 4,657,725 | ||||||
Vinci SA | 28,612 | 3,265,147 | ||||||
Total France | 10,383,664 | |||||||
GERMANY — 2.3% | ||||||||
Deutsche Post | 107,586 | 4,798,936 | ||||||
Total Germany | 4,798,936 | |||||||
INDIA — 1.4% | ||||||||
HDFC Bank | 146,815 | 2,837,083 | ||||||
Total India | 2,837,083 | |||||||
INDONESIA — 0.7% | ||||||||
Bank Rakyat Indonesia Persero Tbk PT | 5,315,100 | 1,529,367 | ||||||
Total Indonesia | 1,529,367 | |||||||
ITALY — 4.3% | ||||||||
Enel SpA | 800,983 | 5,718,365 |
Gallery Trust
Mondrian Global Equity
Value Fund
July 31, 2024
(Unaudited)
COMMON STOCK — continued | ||||||||
| Number of Shares | Value | ||||||
ITALY (continued) | ||||||||
Snam SpA | 670,728 | $ | 3,205,162 | |||||
Total Italy | 8,923,527 | |||||||
JAPAN — 13.1% | ||||||||
Fujitsu Ltd | 328,600 | 5,967,433 | ||||||
Hitachi Ltd | 100,000 | 2,160,668 | ||||||
MatsukiyoCocokara & Co | 195,700 | 3,191,457 | ||||||
SCSK Corp | 141,800 | 2,791,747 | ||||||
Sony Corp Group | 62,300 | 5,533,401 | ||||||
Sundrug Co Ltd | 151,100 | 4,196,104 | ||||||
Toyota Industries Corp | 36,900 | 3,102,187 | ||||||
Total Japan | 26,942,997 | |||||||
NETHERLANDS — 2.7% | ||||||||
Koninklijke Philips NV * | 198,287 | 5,569,825 | ||||||
Total Netherlands | 5,569,825 | |||||||
SOUTH KOREA — 0.6% | ||||||||
Samsung Electronics Co Ltd | 20,767 | 1,280,540 | ||||||
Total South Korea | 1,280,540 | |||||||
SWEDEN — 2.2% | ||||||||
Autoliv | 45,074 | 4,558,784 | ||||||
Total Sweden | 4,558,784 | |||||||
SWITZERLAND — 2.3% | ||||||||
Roche Holding | 14,929 | 4,833,407 | ||||||
Total Switzerland | 4,833,407 | |||||||
TAIWAN — 1.8% | ||||||||
Taiwan Semiconductor Manufacturing Co Ltd | 130,000 | 3,792,271 | ||||||
Total Taiwan | 3,792,271 | |||||||
UNITED KINGDOM — 6.0% | ||||||||
Associated British Foods PLC | 78,075 | 2,492,556 | ||||||
British American Tobacco PLC | 141,976 | 5,037,437 |
Gallery Trust
Mondrian Global Equity
Value Fund
July 31, 2024
(Unaudited)
COMMON STOCK — continued | ||||||||
| Number of Shares | Value | ||||||
UNITED KINGDOM (continued) | ||||||||
Lloyds Banking Group PLC | 6,504,278 | $ | 4,968,923 | |||||
Total United Kingdom | 12,498,916 | |||||||
UNITED STATES — 47.7% | ||||||||
AbbVie Inc | 30,710 | 5,691,177 | ||||||
Amazon.com * | 18,288 | 3,419,490 | ||||||
American Tower REIT | 17,544 | 3,866,698 | ||||||
CDW Corp | 17,941 | 3,913,112 | ||||||
Centene Corp * | 59,400 | 4,569,048 | ||||||
Charles Schwab | 60,533 | 3,946,146 | ||||||
CNH Industrial | 225,961 | 2,406,485 | ||||||
Dollar Tree Inc * | 38,937 | 4,062,687 | ||||||
DuPont de Nemours | 63,178 | 5,287,999 | ||||||
Exxon Mobil Corp | 26,539 | 3,147,260 | ||||||
HCA Healthcare Inc | 14,746 | 5,353,535 | ||||||
Kenvue Inc | 245,201 | 4,533,769 | ||||||
L3Harris Technologies Inc | 23,283 | 5,282,680 | ||||||
Labcorp Holdings | 20,197 | 4,351,242 | ||||||
McDonald's | 15,179 | 4,028,507 | ||||||
Meta Platforms Inc Class A | 10,864 | 5,158,553 | ||||||
Micron Technology Inc | 9,454 | 1,038,238 | ||||||
Microsoft Corp | 10,878 | 4,550,811 | ||||||
NNN REIT | 62,337 | 2,798,308 | ||||||
Prologis | 17,686 | 2,229,320 | ||||||
Texas Instruments | 25,308 | 5,158,024 | ||||||
UnitedHealth Group | 8,403 | 4,841,472 | ||||||
Walmart Inc | 50,450 | 3,462,888 | ||||||
Wells Fargo & Co | 87,200 | 5,174,448 | ||||||
Total United States | 98,271,897 | |||||||
Total Common Stock | ||||||||
(Cost $166,787,414) | 198,807,122 |
Gallery Trust
Mondrian Global Equity
Value Fund
July 31, 2024
(Unaudited)
PREFERRED STOCK — 2.3% | ||||||||
Number of Shares | Value | |||||||
SOUTH KOREA — 2.3% | ||||||||
Samsung Electronics Co Ltd^ | 100,103 | 4,765,588 | ||||||
Total Preferred Stock | ||||||||
(Cost $4,637,987) | 4,765,588 | |||||||
Total Value of Securities — 98.5% | ||||||||
(Cost $171,425,401) | $ | 203,572,710 | ||||||
Percentages are based on Net Assets of $206,604,903.
* | Non-income producing security. |
^ | There is currently no rate available. |
Ltd — Limited |
PLC — Public Limited Company |
REIT — Real Estate Investment Trust |
MON-QH-001-1700