TETON Westwood Mighty Mites Fund
Schedule of Investments — December 31, 2020 (Unaudited)
Shares | Market Value | |||||||
COMMON STOCKS — 96.8% | ||||||||
Aerospace and Defense — 7.5% | ||||||||
785,140 | Aerojet Rocketdyne Holdings Inc.† | $ | 41,494,649 | |||||
89,040 | Allied Motion Technologies Inc. | 4,549,944 | ||||||
86,000 | Avio SpA† | 1,191,402 | ||||||
106,000 | Innovative Solutions and Support Inc. | 691,120 | ||||||
7,000 | Kratos Defense & Security Solutions Inc.† | 192,010 | ||||||
69,000 | Park Aerospace Corp. | 925,290 | ||||||
|
| |||||||
49,044,415 | ||||||||
|
| |||||||
Agriculture — 0.8% | ||||||||
215 | J.G. Boswell Co. | 126,592 | ||||||
223,000 | Limoneira Co. | 3,712,950 | ||||||
470,000 | S&W Seed Co.† | 1,377,100 | ||||||
|
| |||||||
5,216,642 | ||||||||
|
| |||||||
Airlines — 0.0% | ||||||||
225,000 | American Airlines Group Inc., Escrow† | 6,750 | ||||||
|
| |||||||
Automotive — 1.3% | ||||||||
700 | Lithia Motors Inc., Cl. A | 204,869 | ||||||
5,000 | Navistar International Corp.† | 219,800 | ||||||
44,407 | Rush Enterprises Inc., Cl. A | 1,839,338 | ||||||
112,007 | Rush Enterprises Inc., Cl. B | 4,243,945 | ||||||
22,000 | Sonic Automotive Inc., Cl. A | 848,540 | ||||||
67,000 | Wabash National Corp. | 1,154,410 | ||||||
|
| |||||||
8,510,902 | ||||||||
|
| |||||||
Automotive: Parts and Accessories — 1.8% | ||||||||
49,000 | Dana Inc. | 956,480 | ||||||
12,190 | Gentherm Inc.† | 795,032 | ||||||
176,000 | Modine Manufacturing Co.† | 2,210,560 | ||||||
18,000 | Motorcar Parts of America Inc.† | 353,160 | ||||||
80,000 | Puradyn Filter Technologies Inc.† | 640 | ||||||
47,528 | Standard Motor Products Inc. | 1,922,983 | ||||||
103,910 | Strattec Security Corp. | 5,128,998 | ||||||
20,500 | Titan International Inc. | 99,630 | ||||||
|
| |||||||
11,467,483 | ||||||||
|
| |||||||
Aviation: Parts and Services — 3.0% | ||||||||
88,290 | Astronics Corp.† | 1,168,077 | ||||||
23,896 | Astronics Corp., Cl. B† | 317,160 | ||||||
182,040 | Ducommun Inc.† | 9,775,548 | ||||||
140,200 | Kaman Corp. | 8,009,626 | ||||||
|
| |||||||
19,270,411 | ||||||||
|
| |||||||
Broadcasting — 1.3% | ||||||||
500,000 | Beasley Broadcast Group Inc., Cl. A | 745,000 | ||||||
336,455 | Dish TV India Ltd., GDR† | 33,645 | ||||||
10,160 | Entercom Communications Corp., Cl. A | 25,095 | ||||||
241,120 | Gray Television Inc.† | 4,313,637 | ||||||
86,293 | Gray Television Inc., Cl. A† | 1,441,965 | ||||||
32,000 | Sinclair Broadcast Group Inc., Cl. A | 1,019,200 | ||||||
153,000 | Townsquare Media Inc., Cl. A | 1,018,980 | ||||||
|
| |||||||
8,597,522 | ||||||||
|
| |||||||
Building and Construction — 2.9% | ||||||||
100,000 | Gibraltar Industries Inc.† | 7,194,000 | ||||||
5,500 | Granite Construction Inc. | 146,905 | ||||||
7,000 | Herc Holdings Inc.† | 464,870 | ||||||
418,000 | Huttig Building Products Inc.† | 1,534,060 | ||||||
68,000 | MYR Group Inc.† | 4,086,800 | ||||||
80,770 | The Monarch Cement Co. | 5,605,438 | ||||||
|
| |||||||
19,032,073 | ||||||||
|
| |||||||
Business Services — 3.0% | ||||||||
360,701 | Diebold Nixdorf Inc.† | 3,845,073 | ||||||
3,700 | Du-Art Film Laboratories Inc.† | 281,663 | ||||||
174,172 | GP Strategies Corp.† | 2,065,680 | ||||||
14,500 | IAA Inc.† | 942,210 | ||||||
23,300 | ICF International Inc. | 1,731,889 | ||||||
32,029 | KAR Auction Services Inc. | 596,060 |
Shares | Market Value | |||||||
5,000 | Macquarie Infrastructure Corp. | $ | 187,750 | |||||
36,000 | MDC Partners Inc., Cl. A† | 90,360 | ||||||
120,000 | MoneyGram International Inc.† | 655,800 | ||||||
218,129 | PFSweb Inc.† | 1,468,008 | ||||||
500 | Stamps.com Inc.† | 98,095 | ||||||
62,000 | Team Inc.† | 675,800 | ||||||
2,310,000 | Trans-Lux Corp.†(a) | 415,800 | ||||||
53,160 | Viad Corp. | 1,922,797 | ||||||
103,169 | Willdan Group Inc.† | 4,302,147 | ||||||
|
| |||||||
19,279,132 | ||||||||
|
| |||||||
Communications — 0.3% | ||||||||
101,000 | Comtech Telecommunications Corp. | 2,089,690 | ||||||
|
| |||||||
Communications Equipment — 0.5% | ||||||||
347,000 | Communications Systems Inc. | 1,585,790 | ||||||
201,950 | Extreme Networks Inc.† | 1,391,435 | ||||||
|
| |||||||
2,977,225 | ||||||||
|
| |||||||
Computer Software and Services — 3.1% | ||||||||
742,821 | Alithya Group Inc., Cl. A† | 1,559,924 | ||||||
180,380 | American Software Inc., Cl. A | 3,097,125 | ||||||
248,000 | Avid Technology Inc.† | 3,935,760 | ||||||
35,000 | Cardlytics Inc.† | 4,996,950 | ||||||
45,000 | DHI Group Inc.† | 99,900 | ||||||
160,620 | Digi International Inc.† | 3,035,718 | ||||||
10,000 | iGO Inc.† | 29,000 | ||||||
10,000 | Materialise NV, ADR† | 542,100 | ||||||
137,000 | Mitek Systems Inc.† | 2,435,860 | ||||||
1,000 | Tyler Technologies Inc.† | 436,520 | ||||||
|
| |||||||
20,168,857 | ||||||||
|
| |||||||
Consumer Products — 2.8% | ||||||||
84,000 | Acme United Corp. | 2,530,920 | ||||||
66,000 | Bassett Furniture Industries Inc. | 1,325,280 | ||||||
24,000 | Callaway Golf Co. | 576,240 | ||||||
475,000 | Goodbaby International Holdings Ltd.† | 64,335 | ||||||
5,000 | Johnson Outdoors Inc., Cl. A | 563,150 | ||||||
240,175 | Lifetime Brands Inc. | 3,650,660 | ||||||
425,000 | Marine Products Corp. | 6,179,500 | ||||||
45,000 | MarineMax Inc.† | 1,576,350 | ||||||
34,300 | Oil-Dri Corp. of America | 1,168,944 | ||||||
5,700 | PC Group Inc.† | 46 | ||||||
2,300,000 | Playmates Holdings Ltd. | 269,979 | ||||||
30,000 | ZAGG Inc.† | 125,100 | ||||||
|
| |||||||
18,030,504 | ||||||||
|
| |||||||
Consumer Services — 0.9% | ||||||||
117,000 | 1-800-Flowers.com Inc., Cl. A† | 3,042,000 | ||||||
66,000 | Bowlin Travel Centers Inc.† | 168,300 | ||||||
78,000 | Carriage Services Inc. | 2,442,960 | ||||||
800 | Collectors Universe Inc. | 60,320 | ||||||
|
| |||||||
5,713,580 | ||||||||
|
| |||||||
Diversified Industrial — 11.4% | ||||||||
40,980 | Ampco-Pittsburgh Corp.† | 224,570 | ||||||
233,000 | Burnham Holdings Inc., Cl. A(a) | 2,970,750 | ||||||
41,100 | Chase Corp. | 4,151,511 | ||||||
96,360 | Columbus McKinnon Corp. | 3,704,078 | ||||||
36,000 | Graham Corp. | 546,480 | ||||||
433,313 | Griffon Corp. | 8,830,919 | ||||||
18,700 | Haulotte Group SA | 138,668 | ||||||
155,030 | Intevac Inc.† | 1,117,766 | ||||||
28,000 | John Bean Technologies Corp. | 3,188,360 | ||||||
117,000 | L.B. Foster Co., Cl. A† | 1,760,850 | ||||||
240,000 | Lawson Products Inc.† | 12,218,400 | ||||||
63,000 | Lydall Inc.† | 1,891,890 | ||||||
8,000 | MSA Safety Inc. | 1,195,120 | ||||||
773,870 | Myers Industries Inc. | 16,081,019 | ||||||
30,000 | Napco Security Technologies Inc.† | 786,600 | ||||||
176,000 | Park-Ohio Holdings Corp. | 5,438,400 |
1
TETON Westwood Mighty Mites Fund
Schedule of Investments (Continued) — December 31, 2020 (Unaudited)
Shares | Market Value | |||||||
COMMON STOCKS (Continued) | ||||||||
Diversified Industrial (Continued) | ||||||||
25,080 | Raven Industries Inc. | $ | 829,897 | |||||
19,500 | RWC Inc.† | 204,653 | ||||||
16,000 | Standex International Corp. | 1,240,320 | ||||||
58,638 | Steel Partners Holdings LP† | 630,359 | ||||||
343,000 | Tredegar Corp. | 5,728,100 | ||||||
168,000 | Twin Disc Inc.† | 1,318,800 | ||||||
|
| |||||||
74,197,510 | ||||||||
|
| |||||||
Educational Services — 0.1% | ||||||||
90,000 | Universal Technical Institute Inc.† | 581,400 | ||||||
|
| |||||||
Electronics — 4.7% | ||||||||
26,700 | Badger Meter Inc. | 2,511,402 | ||||||
152,300 | Bel Fuse Inc., Cl. A(a) | 2,033,205 | ||||||
252,580 | CTS Corp. | 8,671,071 | ||||||
42,000 | Daktronics Inc. | 196,560 | ||||||
30,000 | IMAX Corp.† | 540,600 | ||||||
44,000 | Kimball Electronics Inc.† | 703,560 | ||||||
6,500 | Mesa Laboratories Inc. | 1,863,160 | ||||||
20,800 | Methode Electronics Inc. | 796,224 | ||||||
593,000 | Schmitt Industries Inc.†(a) | 3,166,620 | ||||||
138,038 | Stoneridge Inc.† | 4,172,889 | ||||||
25,000 | Stratasys Ltd.† | 518,000 | ||||||
135,890 | Ultra Clean Holdings† | 4,232,973 | ||||||
181,000 | Ultralife Corp.† | 1,171,070 | ||||||
|
| |||||||
30,577,334 | ||||||||
|
| |||||||
Energy and Utilities: Natural Gas — 0.7% | ||||||||
640,000 | Alvopetro Energy Ltd.† | 362,008 | ||||||
10,870 | Chesapeake Utilities Corp. | 1,176,243 | ||||||
108,684 | Corning Natural Gas Holding Corp. | 1,678,081 | ||||||
54,310 | RGC Resources Inc. | 1,291,492 | ||||||
|
| |||||||
4,507,824 | ||||||||
|
| |||||||
Energy and Utilities: Services — 0.0% | ||||||||
24,000 | Dawson Geophysical Co.† | 50,880 | ||||||
61,000 | RPC Inc.† | 192,150 | ||||||
6,500 | Subsea 7 SA, ADR† | 64,675 | ||||||
|
| |||||||
307,705 | ||||||||
|
| |||||||
Energy and Utilities: Water — 1.9% | ||||||||
35,926 | Artesian Resources Corp., Cl. A | 1,332,136 | ||||||
12,000 | Cadiz Inc.† | 127,800 | ||||||
24,300 | California Water Service Group | 1,312,929 | ||||||
62,000 | Consolidated Water Co. Ltd. | 747,100 | ||||||
30,000 | Energy Recovery Inc.† | 409,200 | ||||||
25,933 | Middlesex Water Co. | 1,879,364 | ||||||
62,304 | SJW Group | 4,321,405 | ||||||
44,007 | The York Water Co. | 2,050,726 | ||||||
|
| |||||||
12,180,660 | ||||||||
|
| |||||||
Entertainment — 0.4% | ||||||||
1,100 | Canterbury Park Holding Corp. | 13,090 | ||||||
639,512 | Dover Motorsports Inc. | 1,451,692 | ||||||
90,750 | Sportech plc† | 34,128 | ||||||
30,000 | World Wrestling Entertainment Inc., Cl. A | 1,441,500 | ||||||
|
| |||||||
2,940,410 | ||||||||
|
| |||||||
Environmental Control — 0.8% | ||||||||
82,000 | Casella Waste Systems Inc., Cl. A† | 5,079,900 | ||||||
19,894 | Primo Water Corp. | 311,938 | ||||||
|
| |||||||
5,391,838 | ||||||||
|
| |||||||
Equipment and Supplies — 4.5% | ||||||||
17,500 | AZZ Inc. | 830,200 | ||||||
44,266 | CIRCOR International Inc.† | 1,701,585 | ||||||
178,500 | Core Molding Technologies Inc.† | 2,513,280 | ||||||
142,000 | Federal Signal Corp. | 4,710,140 | ||||||
59,000 | Interpump Group SpA | 2,907,600 | ||||||
142,000 | Kimball International Inc., Cl. B | 1,696,900 |
Shares | Market Value | |||||||
17,100 | Maezawa Kyuso Industries Co. Ltd. | $ | 383,386 | |||||
16,293 | Powell Industries Inc. | 480,481 | ||||||
299,599 | The Eastern Co. | 7,220,336 | ||||||
83,000 | The Gorman-Rupp Co. | 2,693,350 | ||||||
51,300 | The L.S. Starrett Co., Cl. A† | 216,999 | ||||||
177,065 | Titan Machinery Inc.† | 3,461,621 | ||||||
33,000 | TransAct Technologies Inc.† | 234,300 | ||||||
|
| |||||||
29,050,178 | ||||||||
|
| |||||||
Financial Services — 8.9% | ||||||||
47,000 | Allegiance Bancshares Inc. | 1,604,110 | ||||||
3,000 | Ameris Bancorp | 114,210 | ||||||
18,000 | Atlantic American Corp.† | 37,440 | ||||||
251,158 | Atlantic Capital Bancshares Inc.† | 3,998,435 | ||||||
41,744 | Atlantic Union Bankshares Corp. | 1,375,047 | ||||||
13,500 | Berkshire Bancorp Inc.† | 135,000 | ||||||
11,275 | Berkshire Hills Bancorp Inc. | 193,028 | ||||||
75 | Burke & Herbert Bank and Trust Co. | 128,025 | ||||||
19,058 | Cadence BanCorp | 312,932 | ||||||
81,800 | Capital City Bank Group Inc. | 2,010,644 | ||||||
8,000 | Capitol Federal Financial Inc. | 100,000 | ||||||
16,560 | Citizens & Northern Corp. | 328,550 | ||||||
5,000 | ConnectOne Bancorp Inc. | 98,950 | ||||||
28,300 | Crazy Woman Creek Bancorp Inc. | 543,360 | ||||||
32,580 | Dime Community Bancshares Inc. | 513,787 | ||||||
1,120 | Farmers & Merchants Bank of Long Beach | 7,420,000 | ||||||
40,000 | Farmers National Banc Corp. | 530,800 | ||||||
26,440 | First Internet Bancorp | 759,886 | ||||||
391,300 | Flushing Financial Corp. | 6,511,232 | ||||||
74,000 | FNB Corp. | �� | 703,000 | |||||
16,058 | FS Bancorp Inc. | 879,978 | ||||||
64,348 | GTY Technology Holdings Inc.† | 333,323 | ||||||
10 | Guaranty Corp., Cl. A†(b) | 138,000 | ||||||
26,270 | Hallmark Financial Services Inc.† | 93,521 | ||||||
27,300 | HomeStreet Inc. | 921,375 | ||||||
9,030 | Hope Bancorp Inc. | 98,517 | ||||||
104,000 | I3 Verticals Inc., Cl. A† | 3,452,800 | ||||||
17,000 | ICC Holdings Inc.† | 243,100 | ||||||
78,170 | KKR & Co. Inc. | 3,165,103 | ||||||
67,700 | Legacy Housing Corp.† | 1,022,947 | ||||||
4,860 | LendingTree Inc.† | 1,330,619 | ||||||
110,000 | Medallion Financial Corp.† | 539,000 | ||||||
4,197 | Northrim BanCorp Inc. | 142,488 | ||||||
19,390 | OceanFirst Financial Corp. | 361,236 | ||||||
55,332 | People’s United Financial Inc. | 715,443 | ||||||
146,000 | Pzena Investment Management Inc., Cl. A | 1,065,800 | ||||||
33,651 | Renasant Corp. | 1,133,366 | ||||||
4,000 | Richmond Mutual BanCorp Inc. | 54,640 | ||||||
2,989 | Salisbury Bancorp Inc. | 111,400 | ||||||
27,000 | Sandy Spring Bancorp Inc. | 869,130 | ||||||
3,000 | Seacoast Banking Corp. of Florida† | 88,350 | ||||||
4,500 | Security National Corp. | 562,500 | ||||||
75,000 | Silvercrest Asset Management Group Inc., Cl. A | 1,041,750 | ||||||
6,750 | Simmons First National Corp., Cl. A | 145,733 | ||||||
13,000 | South State Corp. | 939,900 | ||||||
44,480 | Southern First Bancshares Inc.† | 1,572,368 | ||||||
32,000 | Southern National Bancorp of Virginia Inc. | 387,520 | ||||||
4,500 | Southside Bancshares Inc. | 139,635 | ||||||
118,143 | Sterling Bancorp | 2,124,211 | ||||||
5,700 | Thomasville Bancshares Inc. | 290,700 | ||||||
5,000 | Towne Bank | 117,400 | ||||||
50,050 | TrustCo Bank Corp. | 333,833 | ||||||
51,152 | Valley National Bancorp | 498,732 | ||||||
32,800 | Value Line Inc. | 1,081,416 | ||||||
45,900 | Washington Trust Bancorp Inc. | 2,056,320 | ||||||
74,800 | Waterstone Financial Inc. | 1,407,736 | ||||||
79,260 | Western New England Bancorp Inc. | 546,101 | ||||||
260,000 | Wright Investors’ Service Holdings Inc.† | 68,575 | ||||||
|
| |||||||
57,493,002 | ||||||||
|
|
2
TETON Westwood Mighty Mites Fund
Schedule of Investments (Continued) — December 31, 2020 (Unaudited)
Shares | Market Value | |||||||
COMMON STOCKS (Continued) | ||||||||
Food and Beverage — 1.8% | ||||||||
84,600 | Andrew Peller Ltd., Cl. A | $ | 696,526 | |||||
1,900 | Bridgford Foods Corp.† | 34,618 | ||||||
50,000 | Calavo Growers Inc. | 3,471,500 | ||||||
133,000 | Corby Spirit and Wine Ltd., Cl. A | 1,765,810 | ||||||
380,000 | Crimson Wine Group Ltd.† | 2,033,000 | ||||||
102,000 | Farmer Brothers Co.† | 476,340 | ||||||
1,250 | Hanover Foods Corp., Cl. A | 95,325 | ||||||
300 | Hanover Foods Corp., Cl. B | 28,146 | ||||||
21,000 | Iwatsuka Confectionery Co. Ltd. | 888,770 | ||||||
1,500 | J & J Snack Foods Corp. | 233,055 | ||||||
8,490 | John B Sanfilippo & Son Inc. | �� | 669,521 | |||||
70,000 | Premier Foods plc† | 95,916 | ||||||
1,510 | Rock Field Co. Ltd. | 22,930 | ||||||
4,600 | Scheid Vineyards Inc., Cl. A† | 71,760 | ||||||
4,700 | T. Hasegawa Co. Ltd. | 98,775 | ||||||
235,200 | Tingyi (Cayman Islands) Holding Corp. | 401,686 | ||||||
207,400 | Vitasoy International Holdings Ltd. | 807,936 | ||||||
23,000 | Willamette Valley Vineyards Inc.† | 146,510 | ||||||
|
| |||||||
12,038,124 | ||||||||
|
| |||||||
Health Care — 9.3% | ||||||||
16,000 | Accuray Inc.† | 66,720 | ||||||
22,000 | Anika Therapeutics Inc.† | 995,720 | ||||||
97,870 | BioTelemetry Inc.† | 7,054,470 | ||||||
5,700 | Boiron SA | 287,937 | ||||||
13,000 | Cantel Medical Corp. | 1,025,180 | ||||||
101,660 | Cardiovascular Systems Inc.† | 4,448,642 | ||||||
9,500 | CareDx Inc.† | 688,275 | ||||||
7,000 | Collegium Pharmaceutical Inc.† | 140,210 | ||||||
328,940 | Cutera Inc.† | 7,930,743 | ||||||
5,000 | Elanco Animal Health Inc.† | 153,350 | ||||||
35,142 | Electromed Inc.† | 344,743 | ||||||
64,000 | Exelixis Inc.† | 1,284,480 | ||||||
2,000 | Heska Corp.† | 291,300 | ||||||
183,258 | InfuSystem Holdings Inc.† | 3,441,585 | ||||||
23,000 | Integer Holdings Corp.† | 1,867,370 | ||||||
190,665 | IntriCon Corp.† | 3,451,037 | ||||||
14,500 | Invitae Corp.† | 606,245 | ||||||
26,000 | Kindred Biosciences Inc.† | 112,060 | ||||||
5,500 | LeMaitre Vascular Inc. | 222,750 | ||||||
23,500 | Meridian Bioscience Inc.† | 439,215 | ||||||
110,000 | Neogen Corp.† | 8,723,000 | ||||||
67,280 | NeoGenomics Inc.† | 3,622,355 | ||||||
26,500 | Omnicell Inc.† | 3,180,530 | ||||||
220,000 | OPKO Health Inc.† | 869,000 | ||||||
25,002 | Option Care Health Inc.† | 391,031 | ||||||
62,700 | Orthofix Medical Inc.† | 2,694,846 | ||||||
19,000 | Paratek Pharmaceuticals Inc.† | 118,940 | ||||||
2,500 | Quidel Corp.† | 449,125 | ||||||
77,434 | SurModics Inc.† | 3,369,928 | ||||||
2,000 | Targanta Therapeutics Corp., Escrow†(b) | 0 | ||||||
70,011 | United-Guardian Inc. | 999,757 | ||||||
1,200 | Utah Medical Products Inc. | 101,160 | ||||||
31,000 | Zealand Pharma A/S† | 1,122,480 | ||||||
|
| |||||||
60,494,184 | ||||||||
|
| |||||||
Hotels and Gaming — 4.0% | ||||||||
59,800 | Boyd Gaming Corp. | 2,566,616 | ||||||
22,000 | Caesars Entertainment Inc.† | 1,633,940 | ||||||
7,700 | Churchill Downs Inc. | 1,499,883 | ||||||
1,142,119 | Full House Resorts Inc.† | 4,488,528 | ||||||
605,210 | Golden Entertainment Inc.† | 12,037,627 | ||||||
353,221 | Inspired Entertainment Inc.† | 2,324,194 | ||||||
86,000 | PlayAGS Inc.† | 619,200 | ||||||
74,000 | The Marcus Corp. | 997,520 | ||||||
|
| |||||||
26,167,508 | ||||||||
|
| |||||||
Machinery — 4.0% | ||||||||
244,000 | Astec Industries Inc. | 14,122,720 |
Shares | Market Value | |||||||
4,400 | DMG Mori AG | $ | 220,923 | |||||
470,000 | Gencor Industries Inc.† | 5,781,000 | ||||||
4,980 | Lindsay Corp. | 639,731 | ||||||
22,650 | Tennant Co. | 1,589,351 | ||||||
27,010 | The Middleby Corp.† | 3,482,129 | ||||||
14,000 | Williams Industrial Services Group Inc.† | 36,400 | ||||||
|
| |||||||
25,872,254 | ||||||||
|
| |||||||
Manufactured Housing and Recreational Vehicles — 2.4% | ||||||||
30,000 | Cavco Industries Inc.† | 5,263,500 | ||||||
175,250 | Nobility Homes Inc. | 4,359,344 | ||||||
94,500 | Skyline Champion Corp.† | 2,923,830 | ||||||
47,000 | Winnebago Industries Inc. | 2,817,180 | ||||||
|
| |||||||
15,363,854 | ||||||||
|
| |||||||
Metals and Mining — 0.1% | ||||||||
22,000 | 5N Plus Inc.† | 50,986 | ||||||
30,000 | Osisko Gold Royalties Ltd. | 380,156 | ||||||
400,000 | Tanami Gold NL† | 25,904 | ||||||
|
| |||||||
457,046 | ||||||||
|
| |||||||
Paper and Forest Products — 0.3% | ||||||||
26,450 | Keweenaw Land Association Ltd.† | 1,893,159 | ||||||
|
| |||||||
Publishing — 1.2% | ||||||||
20,000 | A.H. Belo Corp., Cl. A | 30,200 | ||||||
100,000 | ARC Document Solutions Inc. | 148,000 | ||||||
505,600 | The E.W. Scripps Co., Cl. A | 7,730,624 | ||||||
|
| |||||||
7,908,824 | ||||||||
|
| |||||||
Real Estate — 3.8% | ||||||||
120,000 | Ambase Corp.† | 38,400 | ||||||
113,300 | Capital Properties Inc., Cl. A | 1,399,821 | ||||||
5,040 | Cohen & Steers Inc. | 374,472 | ||||||
30,000 | DREAM Unlimited Corp., Cl. A | 500,825 | ||||||
22,500 | FRP Holdings Inc.† | 1,024,875 | ||||||
14,138 | Gyrodyne LLC† | 240,205 | ||||||
6,474 | Holobeam Inc.† | 280,001 | ||||||
244,150 | Indus Realty Trust Inc.† | 15,259,375 | ||||||
28,000 | New Senior Investment Group Inc., REIT | 145,040 | ||||||
287,269 | Reading International Inc., Cl. A† | 1,442,090 | ||||||
73,770 | Reading International Inc., Cl. B† | 1,679,005 | ||||||
2,508 | Royalty LLC†(b) | 255 | ||||||
98,000 | Tejon Ranch Co.† | 1,416,100 | ||||||
533,000 | Trinity Place Holdings Inc.† | 666,250 | ||||||
|
| |||||||
24,466,714 | ||||||||
|
| |||||||
Restaurants — 1.9% | ||||||||
43,000 | Denny’s Corp.† | 631,240 | ||||||
216,234 | Nathan’s Famous Inc.(a) | 11,940,441 | ||||||
|
| |||||||
12,571,681 | ||||||||
|
| |||||||
Retail — 1.5% | ||||||||
55,000 | Big 5 Sporting Goods Corp. | 561,550 | ||||||
25,000 | Ethan Allen Interiors Inc. | 505,250 | ||||||
72,240 | Ingles Markets Inc., Cl. A | 3,081,758 | ||||||
10,000 | Lands’ End Inc.† | 215,700 | ||||||
33,000 | La-Z-Boy Inc. | 1,314,720 | ||||||
88,000 | Movado Group Inc. | 1,462,560 | ||||||
300 | PetIQ Inc.† | 11,535 | ||||||
1,000 | PetMed Express Inc. | 32,060 | ||||||
117,674 | Village Super Market Inc., Cl. A | 2,595,888 | ||||||
|
| |||||||
9,781,021 | ||||||||
|
| |||||||
Semiconductors — 0.1% | ||||||||
7,000 | Entegris Inc. | 672,700 | ||||||
|
| |||||||
Specialty Chemicals — 2.6% | ||||||||
784,360 | Ferro Corp.† | 11,475,187 | ||||||
36,420 | Hawkins Inc. | 1,905,130 | ||||||
3,500 | Minerals Technologies Inc. | 217,420 | ||||||
66,000 | Navigator Holdings Ltd.† | 722,700 |
3
TETON Westwood Mighty Mites Fund
Schedule of Investments (Continued) — December 31, 2020 (Unaudited)
Shares | Market Value | |||||||
COMMON STOCKS (Continued) | ||||||||
Specialty Chemicals (Continued) | ||||||||
2,000 | Takasago International Corp. | $ | 45,983 | |||||
37,000 | Teraoka Seisakusho Co. Ltd. | 146,201 | ||||||
66,900 | The General Chemical Group Inc.† | 335 | ||||||
194,174 | Treatt plc | 2,177,370 | ||||||
|
| |||||||
16,690,326 | ||||||||
|
| |||||||
Telecommunications — 1.2% | ||||||||
100,000 | A10 Networks Inc.† | 986,000 | ||||||
13,000 | Consolidated Communications Holdings Inc.† . | 63,570 | ||||||
15,000 | Frequency Electronics Inc.† | 162,150 | ||||||
280,000 | HC2 Holdings Inc.† | 912,800 | ||||||
15,000 | Iridium Communications Inc.† | 589,875 | ||||||
51,385 | Nuvera Communications Inc. | 991,731 | ||||||
410,000 | ORBCOMM Inc.† | 3,042,200 | ||||||
2,000 | Preformed Line Products Co. | 136,880 | ||||||
14,500 | Shenandoah Telecommunications Co. | 627,125 | ||||||
|
| |||||||
7,512,331 | ||||||||
|
| |||||||
Transportation — 0.0% | ||||||||
4,000 | Patriot Transportation Holding Inc. | 35,120 | ||||||
|
| |||||||
TOTAL COMMON STOCKS | 628,557,893 | |||||||
|
| |||||||
PREFERRED STOCKS — 0.6% | ||||||||
Automotive: Parts and Accessories — 0.1% | ||||||||
20,300 | Jungheinrich AG | 907,662 | ||||||
|
| |||||||
Financial Services — 0.5% | ||||||||
163,000 | Steel Partners Holdings LP Ser. A, 6.000% | 3,227,400 | ||||||
|
| |||||||
TOTAL PREFERRED STOCKS | 4,135,062 | |||||||
|
| |||||||
CONVERTIBLE PREFERRED STOCKS — 0.0% |
| |||||||
Food and Beverage — 0.0% | ||||||||
500 | Seneca Foods Corp., Ser. 2003 | 19,950 | ||||||
|
| |||||||
MANDATORY CONVERTIBLE SECURITIES (c) — 0.1% |
| |||||||
Energy and Utilities — 0.1% | ||||||||
15,095 | Corning Natural Gas Holding Corp., 4.800%, Ser. B, 09/30/26. | 353,978 | ||||||
|
| |||||||
RIGHTS — 0.0% | ||||||||
Entertainment — 0.0% | ||||||||
550,000 | Media General Inc., CVR†(b) | 1 | ||||||
|
| |||||||
Health Care — 0.0% | ||||||||
40,000 | Elanco Animal Health Inc., CVR† | 400 | ||||||
8,000 | Progenics Pharmaceuticals Inc., CVR†(b) | 3,978 | ||||||
200,000 | Teva Pharmaceutical Industries Ltd., CCCP, expire 02/20/23†(b) | 0 | ||||||
|
| |||||||
4,378 | ||||||||
|
| |||||||
TOTAL RIGHTS | 4,379 | |||||||
|
|
Shares | Market Value | |||||||
WARRANTS — 0.0% | ||||||||
Business Services — 0.0% | ||||||||
1 | Internap Corp., expire 05/08/24† | $ | 652 | |||||
|
| |||||||
Diversified Industrial — 0.0% | ||||||||
47,000 | Ampco-Pittsburgh Corp., expire 08/01/25† | 41,360 | ||||||
|
| |||||||
Energy and Utilities — 0.0% | ||||||||
2 | Key Energy Services Inc., expire 12/15/21†(b) . | 0 | ||||||
|
| |||||||
Energy and Utilities: Natural Gas — 0.0% | ||||||||
144 | PHI Group Inc., expire 09/04/22† | 0 | ||||||
|
| |||||||
Energy and Utilities: Services — 0.0% | ||||||||
7,627 | Weatherford International plc, expire 12/13/23† | 1,350 | ||||||
|
| |||||||
Health Care — 0.0% | ||||||||
2,184 | Option Care Health Inc., Cl. A, expire 07/27/25† | 2,633 | ||||||
2,184 | Option Care Health Inc., Cl. B, expire 07/27/25† | 1,898 | ||||||
|
| |||||||
4,531 | ||||||||
|
| |||||||
TOTAL WARRANTS | 47,893 | |||||||
|
| |||||||
U.S. GOVERNMENT OBLIGATIONS — 0.5% |
| |||||||
3,060,000 | U.S. Treasury Bills, 0.070% to 0.085%††, 03/18/21 to 03/25/21 | 3,059,605 | ||||||
|
| |||||||
TOTAL MISCELLANEOUS INVESTMENTS — 2.0%(d) | 13,145,959 | |||||||
|
| |||||||
TOTAL INVESTMENTS — 100.0% (Cost $335,698,403) | $ | 649,324,719 | ||||||
|
|
(a) | Security considered an affiliated holding because the Fund owns at least 5% of its outstanding shares. |
(b) | Security is valued under procedures adopted by the Board of Trustees and is classified as Level 3 in the fair value hierarchy. |
(c) | Mandatory convertible securities are required to be converted on the dates listed; they generally may be converted prior to these dates at the option of the holder. |
(d) | Represents previously undisclosed, unrestricted securities which the Fund has held for less than one year. |
† | Non-income producing security. |
†† | Represents annualized yields at dates of purchase. |
ADR | American Depositary Receipt |
CCCP | Contingent Cash Consideration Payment |
CVR | Contingent Value Right |
GDR | Global Depositary Receipt |
REIT | Real Estate Investment Trust |
4