TETON Westwood SmallCap Equity Fund
Schedule of Investments — December 31, 2020 (Unaudited)
Shares | Market Value | |||||||
COMMON STOCKS — 97.5% |
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Aerospace — 0.4% | ||||||||
3,600 | Hexcel Corp. | $ | 174,564 | |||||
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Automotive — 2.2% | ||||||||
15,750 | Rush Enterprises Inc., Cl. A | 652,365 | ||||||
5,800 | Winnebago Industries Inc. | 347,652 | ||||||
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1,000,017 | ||||||||
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Aviation: Parts and Services — 3.5% | ||||||||
44,100 | AAR Corp. | 1,597,302 | ||||||
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Banking — 16.9% | ||||||||
22,600 | Atlantic Capital Bancshares Inc.† | 359,792 | ||||||
10,633 | Atlantic Union Bankshares Corp. | 350,251 | ||||||
12,900 | Banc of California Inc. | 189,759 | ||||||
2,600 | BankUnited Inc. | 90,428 | ||||||
10,800 | Columbia Banking System Inc. | 387,720 | ||||||
3,200 | Financial Institutions Inc. | 72,000 | ||||||
33,600 | First Foundation Inc. | 672,000 | ||||||
9,300 | Glacier Bancorp Inc. | 427,893 | ||||||
48,750 | Investors Bancorp Inc. | 514,800 | ||||||
6,500 | Live Oak Bancshares Inc. | 308,490 | ||||||
28,150 | OceanFirst Financial Corp. | 524,435 | ||||||
17,350 | OFG Bancorp. | 321,669 | ||||||
10,900 | Old National Bancorp. | 180,504 | ||||||
2,921 | South State Corp. | 211,188 | ||||||
20,806 | Sterling Bancorp. | 374,092 | ||||||
22,200 | TrustCo Bank Corp. | 148,074 | ||||||
19,050 | Umpqua Holdings Corp. | 288,417 | ||||||
63,020 | Valley National Bancorp. | 614,445 | ||||||
36,700 | Veritex Holdings Inc. | 941,722 | ||||||
14,000 | Washington Federal Inc. | 360,360 | ||||||
7,600 | Washington Trust Bancorp Inc. | 340,480 | ||||||
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7,678,519 | ||||||||
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Broadcasting — 1.3% | ||||||||
11,800 | Chicken Soup For The Soul Entertainment Inc.†. | 235,882 | ||||||
35,900 | Hemisphere Media Group Inc.† | 371,924 | ||||||
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607,806 | ||||||||
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Building and Construction — 2.3% | ||||||||
5,500 | EMCOR Group Inc. | 503,030 | ||||||
8,800 | MYR Group Inc.† | 528,880 | ||||||
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1,031,910 | ||||||||
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Business Services — 4.4% |
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20,400 | ABM Industries Inc. | 771,936 | ||||||
4,000 | Deluxe Corp. | 116,800 | ||||||
3,150 | FTI Consulting Inc.† | 351,918 | ||||||
9,900 | Heidrick & Struggles International Inc. | 290,862 | ||||||
7,200 | McGrath RentCorp. | 483,120 | ||||||
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2,014,636 | ||||||||
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Communications — 0.6% |
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2,900 | ATN International Inc. | 121,104 | ||||||
8,900 | Meredith Corp. | 170,880 | ||||||
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291,984 | ||||||||
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Communications Equipment — 4.9% |
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80,800 | Extreme Networks Inc.† | 556,712 | ||||||
114,700 | Infinera Corp.† | 1,202,056 | ||||||
4,822 | Lumentum Holdings Inc.† | 457,125 | ||||||
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2,215,893 | ||||||||
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Computer Software and Services — 6.5% |
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7,600 | Bottomline Technologies DE Inc.† | 400,824 | ||||||
19,800 | Cloudera Inc.† | 275,418 | ||||||
44,200 | NetScout Systems Inc.† | 1,211,964 | ||||||
16,300 | Progress Software Corp. | 736,597 | ||||||
10,200 | Teradata Corp.† | 229,194 |
Shares | Market Value | |||||||
500 | WEX Inc.† | $ | 101,765 | |||||
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2,955,762 | ||||||||
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Consumer Products — 2.9% |
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18,800 | Hanesbrands Inc. | 274,104 | ||||||
21,400 | KAR Auction Services Inc. | 398,254 | ||||||
9,700 | Oxford Industries Inc. | 635,447 | ||||||
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1,307,805 | ||||||||
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Diversified Industrial — 4.0% |
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2,600 | Albany International Corp., Cl. A | 190,892 | ||||||
7,600 | Apogee Enterprises Inc. | 240,768 | ||||||
9,500 | Kennametal Inc. | 344,280 | ||||||
9,800 | Luxfer Holdings plc | 160,916 | ||||||
41,400 | Steelcase Inc., Cl. A | 560,970 | ||||||
17,700 | Textainer Group Holdings Ltd.† | 339,486 | ||||||
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1,837,312 | ||||||||
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Electronics — 6.1% |
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12,500 | Advanced Energy Industries Inc.† | 1,212,125 | ||||||
6,300 | Comtech Telecommunications Corp. | 130,347 | ||||||
7,500 | FARO Technologies Inc.† | 529,725 | ||||||
12,000 | Plantronics Inc. | 324,360 | ||||||
41,900 | TTM Technologies Inc.† | 578,011 | ||||||
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2,774,568 | ||||||||
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Energy and Utilities — 4.7% |
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31,100 | ChampionX Corp.† | 475,830 | ||||||
10,100 | Diamondback Energy Inc. | 488,840 | ||||||
32,700 | Magnolia Oil & Gas Corp., Cl. A† | 230,862 | ||||||
8,700 | Matador Resources Co.† | 104,922 | ||||||
28,900 | Oceaneering International Inc.† | 229,755 | ||||||
115,400 | Patterson-UTI Energy Inc. | 607,004 | ||||||
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2,137,213 | ||||||||
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Environmental Control — 1.3% |
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22,600 | Evoqua Water Technologies Corp.† | 609,748 | ||||||
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Equipment and Supplies — 1.3% |
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8,300 | CIRCOR International Inc.† | 319,052 | ||||||
7,500 | Flowserve Corp. | 276,375 | ||||||
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595,427 | ||||||||
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Financial Services — 3.8% |
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22,600 | Boston Private Financial Holdings Inc. | 190,970 | ||||||
8,800 | Brown & Brown Inc. | 417,208 | ||||||
6,000 | Horace Mann Educators Corp. | 252,240 | ||||||
4,700 | Mercury General Corp. | 245,387 | ||||||
6,400 | ProAssurance Corp. | 113,856 | ||||||
9,750 | Stifel Financial Corp. | 491,985 | ||||||
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1,711,646 | ||||||||
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Health Care — 6.8% |
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4,100 | AMN Healthcare Services Inc.† | 279,825 | ||||||
1,780 | ICU Medical Inc.† | 381,792 | ||||||
18,200 | Natus Medical Inc.† | 364,728 | ||||||
5,850 | Omnicell Inc.† | 702,117 | ||||||
38,500 | Patterson Cos. Inc. | 1,140,755 | ||||||
9,000 | Supernus Pharmaceuticals Inc.† | 226,440 | ||||||
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3,095,657 | ||||||||
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Machinery — 1.6% |
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57,700 | Mueller Water Products Inc., Cl. A | 714,326 | ||||||
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Materials — 0.8% |
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8,700 | Avient Corp. | 350,436 | ||||||
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Real Estate — 0.6% |
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4,000 | Alpine Income Property Trust Inc., REIT | 59,960 | ||||||
10,500 | CareTrust REIT Inc. | 232,890 | ||||||
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292,850 | ||||||||
|
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1
TETON Westwood SmallCap Equity Fund
Schedule of Investments (Continued) — December 31, 2020 (Unaudited)
Shares | Market Value | |||||||
COMMON STOCKS (Continued) | ||||||||
Retail — 4.8% | ||||||||
24,750 | American Eagle Outfitters Inc. | $ | 496,733 | |||||
51,800 | Ethan Allen Interiors Inc. | 1,046,878 | ||||||
2,300 | Penske Automotive Group Inc. | 136,597 | ||||||
12,200 | The Hain Celestial Group Inc.† | 489,830 | ||||||
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2,170,038 | ||||||||
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Semiconductors — 9.4% | ||||||||
1,100 | CMC Materials Inc. | 166,430 | ||||||
10,700 | Entegris Inc. | 1,028,270 | ||||||
19,100 | FormFactor Inc.† | 821,682 | ||||||
14,200 | Marvell Technology Group Ltd. | 675,068 | ||||||
7,500 | nLight Inc.† | 244,875 | ||||||
28,100 | Onto Innovation Inc.† | 1,336,155 | ||||||
|
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4,272,480 | ||||||||
|
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Specialty Chemicals — 4.6% | ||||||||
17,900 | Darling Ingredients Inc.† | 1,032,472 | ||||||
60,200 | Ferro Corp.† | 880,726 | ||||||
2,700 | Minerals Technologies Inc. | 167,724 | ||||||
|
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2,080,922 | ||||||||
|
|
Shares | Market Value | |||||||
Transportation — 1.8% | ||||||||
22,300 | The Greenbrier Companies Inc. | $ | 811,274 | |||||
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TOTAL COMMON STOCKS | 44,330,095 | |||||||
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Principal Amount | ||||||||
U.S. GOVERNMENT OBLIGATIONS — 2.5% |
| |||||||
$1,145,000 | U.S. Treasury Bill, 0.065%††, 03/11/21 | 1,144,863 | ||||||
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TOTAL INVESTMENTS — 100.0% (Cost $31,639,554) | $ | 45,474,958 | ||||||
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† | Non-income producing security. |
†† | Represents annualized yield at date of purchase. |
REIT | Real Estate Investment Trust |
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