TETON Westwood Balanced Fund Class AAA (WEBAX) NPORT-P TETON Westwood Mighty Mites Fund (Jun 2023 report)

TETON

Westwood

Mighty

Mites

Fund

Schedule

of

Investments—June

30,

2023

(Unaudited)

1

Shares

Market

Value

COMMON

STOCKS

—

98

.2

%

Aerospace

and

Defense

—

3

.8

%

144,500‌

Aerojet

Rocketdyne

Holdings

Inc.

†

.................

$

7,928,715‌

119,400‌

Allied

Motion

Technologies

Inc.

.......................

4,768,836‌

147,000‌

Avio

SpA

†

..........................................................

1,496,592‌

105,503‌

Innovative

Solutions

and

Support

Inc.

†

...........

756,456‌

7,000‌

Kratos

Defense

&

Security

Solutions

Inc.

†

......

100,380‌

60,600‌

Park

Aerospace

Corp.

........................................

836,280‌

15,887,259‌

Agriculture

—

0

.9

%

215‌

J.G.

Boswell

Co.

..................................................

140,825‌

195,000‌

Limoneira

Co.

....................................................

3,034,200‌

370,000‌

S&W

Seed

Co.

†

..................................................

451,400‌

3,626,425‌

Automotive

—

2

.1

%

35,660‌

Rush

Enterprises

Inc.

,

Cl. A

..............................

2,165,988‌

78,400‌

Rush

Enterprises

Inc.

,

Cl. B

...............................

5,335,904‌

52,400‌

Wabash

National

Corp.

.....................................

1,343,536‌

8,845,428‌

Automotive:

Parts

and

Accessories

—

4

.1

%

280,000‌

Commercial

Vehicle

Group

Inc.

†

......................

3,108,000‌

47,500‌

Dana

Inc.

............................................................

807,500‌

50,000‌

Garrett

Motion

Inc.

†

..........................................

378,500‌

12,190‌

Gentherm

Inc.

†

..................................................

688,857‌

240,000‌

Modine

Manufacturing

Co.

†

............................

7,924,800‌

18,000‌

Motorcar

Parts

of

America

Inc.

†

.......................

139,320‌

80,000‌

Puradyn

Filter

Technologies

Inc.

†

....................

8‌

40,000‌

Standard

Motor

Products

Inc.

..........................

1,500,800‌

113,460‌

Strattec

Security

Corp.

†

.....................................

2,064,972‌

20,500‌

Titan

International

Inc.

†

....................................

235,340‌

16,848,097‌

Aviation:

Parts

and

Services

—

3

.7

%

228,000‌

Astronics

Corp.

†

................................................

4,528,080‌

23,896‌

Astronics

Corp.

,

Cl. B

†

......................................

483,297‌

176,540‌

Ducommun

Inc.

†

...............................................

7,691,848‌

43,000‌

Heroux-Devtek

Inc.

†

.........................................

497,920‌

83,500‌

Kaman

Corp.

......................................................

2,031,555‌

15,232,700‌

Broadcasting

—

1

.3

%

305,000‌

Beasley

Broadcast

Group

Inc.

,

Cl. A

†

...............

311,100‌

281,000‌

Corus

Entertainment

Inc.

,

Cl. B

........................

277,871‌

295,145‌

Dish

TV

India

Ltd.

,

GDR

†

.................................

41,320‌

241,120‌

Gray

Television

Inc.

...........................................

1,900,026‌

86,600‌

Gray

Television

Inc.

,

Cl. A

................................

787,194‌

32,000‌

Sinclair

Inc.

.........................................................

442,240‌

150,000‌

Townsquare

Media

Inc.

,

Cl. A

..........................

1,786,500‌

5,546,251‌

Building

and

Construction

—

3

.6

%

60,000‌

Armstrong

Flooring

Inc.

†

..................................

1,140‌

85,000‌

Gibraltar

Industries

Inc.

†

..................................

5,348,200‌

5,000‌

Granite

Construction

Inc.

..................................

198,900‌

5,000‌

Herc

Holdings

Inc.

.............................................

684,250‌

16,000‌

MYR

Group

Inc.

†

...............................................

2,213,440‌

56,100‌

The

Monarch

Cement

Co.

.................................

6,549,675‌

14,995,605‌

Business

Services

—

2

.0

%

100,000‌

Diebold

Nixdorf

Inc.

†

........................................

5,300‌

36,900‌

Du-Art

Film

Laboratories

Inc.

†

(a)

....................

352,764‌

4,100‌

Du-Art

Film

Laboratories

Inc.

†

(a)

....................

39,196‌

Shares

Market

Value

17,280‌

ICF

International

Inc.

........................................

$

2,149,459‌

31,400‌

OPENLANE

Inc.

†

..............................................

477,908‌

207,000‌

PFSweb

Inc.

........................................................

935,640‌

10,000‌

Team

Inc.

†

..........................................................

83,000‌

2,300,000‌

Trans-Lux

Corp.

†

(b)

..........................................

1,150,000‌

54,000‌

Viad

Corp.

†

........................................................

1,451,520‌

78,000‌

Willdan

Group

Inc.

†

..........................................

1,494,480‌

8,139,267‌

Communications

—

0

.4

%

174,000‌

Comtech

Telecommunications

Corp.

...............

1,590,360‌

Communications

Equipment

—

0

.5

%

63,000‌

Anterix

Inc.

†

.......................................................

1,996,470‌

Computer

Software

and

Services

—

1

.5

%

4,000‌

Agilysys

Inc.

†

.....................................................

274,560‌

706,000‌

Alithya

Group

Inc.

,

Cl. A

†

................................

1,150,780‌

134,000‌

American

Software

Inc.

,

Cl. A

..........................

1,408,340‌

22,000‌

Avid

Technology

Inc.

†

.......................................

561,000‌

4,000‌

Cardlytics

Inc.

†

..................................................

25,280‌

45,000‌

DHI

Group

Inc.

†

................................................

172,350‌

10,000‌

Digi

International

Inc.

†

.....................................

393,900‌

10,000‌

Materialise

NV

,

ADR

†

.......................................

86,400‌

137,000‌

Mitek

Systems

Inc.

†

...........................................

1,485,080‌

45,000‌

Otonomo

Technologies

Ltd.

†

............................

18,000‌

30,000‌

Playstudios

Inc.

†

................................................

147,300‌

1,000‌

Tyler

Technologies

Inc.

†

....................................

416,470‌

6,139,460‌

Consumer

Products

—

2

.7

%

55,000‌

Acme

United

Corp.

............................................

1,371,700‌

27,700‌

Bassett

Furniture

Industries

Inc.

.......................

416,608‌

850,000‌

Goodbaby

International

Holdings

Ltd.

†

..........

59,660‌

5,000‌

Johnson

Outdoors

Inc.

,

Cl. A

............................

307,250‌

243,175‌

Lifetime

Brands

Inc.

..........................................

1,373,939‌

367,600‌

Marine

Products

Corp.

......................................

6,197,736‌

14,000‌

MarineMax

Inc.

†

................................................

478,240‌

10,000‌

Nautilus

Inc.

†

.....................................................

12,200‌

15,300‌

Oil-Dri

Corp.

of

America

..................................

902,547‌

5,700‌

PC

Group

Inc.

†

(a)

..............................................

1‌

2,300,000‌

Playmates

Holdings

Ltd.

...................................

184,916‌

11,304,797‌

Consumer

Services

—

0

.4

%

163,000‌

1-800-Flowers.com

Inc.

,

Cl. A

†

.........................

1,271,400‌

63,400‌

Bowlin

Travel

Centers

Inc.

†

..............................

285,300‌

3,500‌

Carriage

Services

Inc.

........................................

113,645‌

1,670,345‌

Diversified

Industrial

—

11

.5

%

155,638‌

American

Outdoor

Brands

Inc.

†

.......................

1,350,938‌

133,000‌

Ampco-Pittsburgh

Corp.

†

.................................

422,940‌

211,000‌

Burnham

Holdings

Inc.

,

Cl. A

(b)

......................

2,700,800‌

27,300‌

Chase

Corp.

........................................................

3,309,306‌

68,000‌

Columbus

McKinnon

Corp.

..............................

2,764,200‌

136,000‌

Distribution

Solutions

Group

Inc.

†

..................

7,080,160‌

129,000‌

Graham

Corp.

†

..................................................

1,713,120‌

2,000‌

Griffon

Corp.

......................................................

80,600‌

17,500‌

Haulotte

Group

SA

............................................

60,152‌

700‌

Hyster-Yale

Materials

Handling

Inc.

................

39,088‌

307,000‌

Intevac

Inc.

†

.......................................................

1,151,250‌

10,000‌

John

Bean

Technologies

Corp.

..........................

1,213,000‌

161,479‌

L.B.

Foster

Co.

,

Cl. A

†

........................................

2,305,920‌

7,800‌

MSA

Safety

Inc.

..................................................

1,356,888‌

TETON

Westwood

Mighty

Mites

Fund

Schedule

of

Investments

(Continued)—June

30,

2023

(Unaudited)

2

Shares

Market

Value

COMMON

STOCKS

(Continued)

Diversified

Industrial

(Continued)

663,870‌

Myers

Industries

Inc.

.........................................

$

12,898,994‌

192,500‌

Park-Ohio

Holdings

Corp.

................................

3,657,500‌

19,500‌

RWC

Inc.

†

...........................................................

175,500‌

14,000‌

Standex

International

Corp.

..............................

1,980,580‌

9,482‌

Steel

Partners

Holdings

LP

†

.............................

450,395‌

235,000‌

Tredegar

Corp.

...................................................

1,567,450‌

116,800‌

Twin

Disc

Inc.

†

...................................................

1,315,168‌

47,593,949‌

Educational

Services

—

0

.2

%

95,000‌

Universal

Technical

Institute

Inc.

†

...................

656,450‌

Electronics

—

6

.3

%

137,000‌

Arlo

Technologies

Inc.

†

.....................................

1,494,670‌

6,800‌

Badger

Meter

Inc.

..............................................

1,003,408‌

114,300‌

Bel

Fuse

Inc.

,

Cl. A

(b)

........................................

6,661,404‌

160,000‌

CTS

Corp.

...........................................................

6,820,800‌

55,000‌

Daktronics

Inc.

†

.................................................

352,000‌

30,000‌

IMAX

Corp.

†

......................................................

509,700‌

35,400‌

Kimball

Electronics

Inc.

†

...................................

978,102‌

4,000‌

Mesa

Laboratories

Inc.

......................................

514,000‌

8,190‌

Methode

Electronics

Inc.

...................................

274,529‌

89,000‌

Stoneridge

Inc.

†

.................................................

1,677,650‌

83,700‌

Ultra

Clean

Holdings

Inc.

†

...............................

3,219,102‌

132,000‌

Ultralife

Corp.

†

..................................................

638,880‌

54,012‌

Vishay

Precision

Group

Inc.

†

...........................

2,006,546‌

26,150,791‌

Energy

and

Utilities:

Natural

Gas

—

0

.6

%

7,000‌

Chesapeake

Utilities

Corp.

...............................

833,000‌

84,010‌

RGC

Resources

Inc.

...........................................

1,682,720‌

3,500‌

Unitil

Corp.

........................................................

177,485‌

2,693,205‌

Energy

and

Utilities:

Services

—

0

.5

%

205,000‌

Alvopetro

Energy

Ltd.

......................................

1,634,120‌

24,000‌

Dawson

Geophysical

Co.

†

................................

48,720‌

60,000‌

RPC

Inc.

..............................................................

429,000‌

6,500‌

Subsea

7

SA

,

ADR

..............................................

81,250‌

2,193,090‌

Energy

and

Utilities:

Water

—

1

.7

%

32,320‌

Artesian

Resources

Corp.

,

Cl. A

.......................

1,526,151‌

9,500‌

Cadiz

Inc.

†

..........................................................

38,570‌

23,600‌

California

Water

Service

Group

.......................

1,218,468‌

57,000‌

Consolidated

Water

Co.

Ltd.

............................

1,381,110‌

30,000‌

Energy

Recovery

Inc.

†

.......................................

838,500‌

5,200‌

Middlesex

Water

Co.

.........................................

419,432‌

38,360‌

The

York

Water

Co.

............................................

1,583,117‌

7,005,348‌

Entertainment

—

0

.6

%

108,000‌

Borussia

Dortmund

GmbH

&

Co.

KGaA

†

.......

514,413‌

1,500‌

Canterbury

Park

Holding

Corp.

.......................

34,920‌

28,000‌

GAN

Ltd.

†

..........................................................

45,920‌

534,555‌

Sportech

plc

†

......................................................

127,291‌

17,000‌

World

Wrestling

Entertainment

Inc.

,

Cl. A

.....

1,843,990‌

2,566,534‌

Environmental

Control

—

0

.8

%

33,400‌

Casella

Waste

Systems

Inc.

,

Cl. A

†

...................

3,021,030‌

15,000‌

Primo

Water

Corp.

.............................................

188,100‌

3,209,130‌

Shares

Market

Value

Equipment

and

Supplies

—

6

.1

%

14,000‌

AZZ

Inc.

.............................................................

$

608,440‌

40,000‌

CIRCOR

International

Inc.

†

..............................

2,258,000‌

149,300‌

Core

Molding

Technologies

Inc.

†

.....................

3,396,575‌

80,000‌

Federal

Signal

Corp.

..........................................

5,122,400‌

40,000‌

Interpump

Group

SpA

......................................

2,220,810‌

34,200‌

Maezawa

Kyuso

Industries

Co.

Ltd.

................

264,034‌

295,000‌

The

Eastern

Co.

..................................................

5,336,550‌

86,000‌

The

Gorman-Rupp

Co.

......................................

2,479,380‌

67,500‌

The

L.S.

Starrett

Co.

,

Cl. A

†

...............................

705,375‌

18,000‌

The

Manitowoc

Co.

Inc.

†

..................................

338,940‌

72,000‌

Titan

Machinery

Inc.

†

........................................

2,124,000‌

32,500‌

TransAct

Technologies

Inc.

†

.............................

291,200‌

25,145,704‌

Financial

Services

—

10

.5

%

2,000‌

Ameris

Bancorp

.................................................

68,420‌

22,000‌

Atlantic

American

Corp.

†

.................................

42,460‌

41,244‌

Atlantic

Union

Bankshares

Corp.

.....................

1,070,282‌

13,800‌

Bank7

Corp.

........................................................

338,514‌

9,660‌

Berkshire

Hills

Bancorp

Inc.

.............................

200,252‌

2,560‌

Burke

&

Herbert

Financial

Services

Corp.

.......

164,352‌

15,240‌

Cadence

Bank

....................................................

299,314‌

79,800‌

Capital

City

Bank

Group

Inc.

...........................

2,445,072‌

8,000‌

Capitol

Federal

Financial

Inc.

...........................

49,360‌

16,560‌

Citizens

&

Northern

Corp.

................................

319,608‌

5,000‌

ConnectOne

Bancorp

Inc.

.................................

82,950‌

28,300‌

Crazy

Woman

Creek

Bancorp

Inc.

...................

640,995‌

9,745‌

Dime

Community

Bancshares

Inc.

...................

171,804‌

1,105‌

Farmers

&

Merchants

Bank

of

Long

Beach

.....

6,005,675‌

40,000‌

Farmers

National

Banc

Corp.

...........................

494,800‌

24,440‌

First

Internet

Bancorp

........................................

362,934‌

389,300‌

Flushing

Financial

Corp.

...................................

4,784,497‌

74,000‌

FNB

Corp.

..........................................................

846,560‌

32,116‌

FS

Bancorp

Inc.

..................................................

965,728‌

10‌

Guaranty

Corp.

,

Cl. A

†

(a)

.................................

55,000‌

15,000‌

Hanover

Bancorp

Inc.

........................................

269,700‌

25,600‌

HomeStreet

Inc.

.................................................

151,552‌

9,030‌

Hope

Bancorp

Inc.

.............................................

76,033‌

96,791‌

I3

Verticals

Inc.

,

Cl. A

†

......................................

2,212,642‌

17,000‌

ICC

Holdings

Inc.

†

............................................

280,500‌

60,500‌

KKR

&

Co.

Inc.

...................................................

3,388,000‌

75,700‌

Legacy

Housing

Corp.

†

.....................................

1,755,483‌

700‌

LendingTree

Inc.

†

..............................................

15,477‌

96,000‌

Medallion

Financial

Corp.

................................

759,360‌

4,197‌

Northrim

BanCorp

Inc.

.....................................

165,068‌

10,440‌

OceanFirst

Financial

Corp.

...............................

163,073‌

10,000‌

Pacific

Premier

Bancorp

Inc.

.............................

206,800‌

32,000‌

Primis

Financial

Corp.

.......................................

269,440‌

30,530‌

Renasant

Corp.

...................................................

797,749‌

5,978‌

Salisbury

Bancorp

Inc.

.......................................

141,619‌

33,500‌

Sandy

Spring

Bancorp

Inc.

................................

759,780‌

3,000‌

Seacoast

Banking

Corp.

of

Florida

...................

66,300‌

3,600‌

Security

National

Corp.

.....................................

475,740‌

68,000‌

Silvercrest

Asset

Management

Group

Inc.

,

Cl. A

.................................................................

1,377,000‌

6,750‌

Simmons

First

National

Corp.

,

Cl. A

................

116,438‌

75,010‌

Southern

First

Bancshares

Inc.

†

........................

1,856,497‌

4,500‌

Southside

Bancshares

Inc.

.................................

117,720‌

9,200‌

SouthState

Corp.

................................................

605,360‌

21,500‌

Sprott

Inc.

...........................................................

696,082‌

64,500‌

Stellar

Bancorp

Inc.

............................................

1,476,405‌

30,000‌

Territorial

Bancorp

Inc.

.....................................

368,400‌

TETON

Westwood

Mighty

Mites

Fund

Schedule

of

Investments

(Continued)—June

30,

2023

(Unaudited)

3

Shares

Market

Value

COMMON

STOCKS

(Continued)

Financial

Services

(Continued)

5,500‌

Thomasville

Bancshares

Inc.

.............................

$

338,525‌

5,000‌

Towne

Bank

.......................................................

116,200‌

10,010‌

TrustCo

Bank

Corp.

NY

....................................

286,386‌

8,500‌

United

Bankshares

Inc.

.....................................

252,195‌

44,800‌

Valley

National

Bancorp

...................................

347,200‌

31,800‌

Value

Line

Inc.

...................................................

1,459,620‌

40,410‌

Washington

Trust

Bancorp

Inc.

........................

1,083,392‌

71,520‌

Waterstone

Financial

Inc.

..................................

1,036,325‌

84,580‌

Western

New

England

Bancorp

Inc.

................

493,947‌

170,000‌

Wright

Investors'

Service

Holdings

Inc.

†

........

24,803‌

43,415,388‌

Food

and

Beverage

—

2

.4

%

84,600‌

Andrew

Peller

Ltd.

,

Cl. A

..................................

261,831‌

15,000‌

BellRing

Brands

Inc.

†

........................................

549,000‌

1,900‌

Bridgford

Foods

Corp.

†

....................................

21,869‌

48,000‌

Calavo

Growers

Inc.

..........................................

1,392,960‌

135,000‌

Corby

Spirit

and

Wine

Ltd.

,

Cl. A

....................

1,447,065‌

317,000‌

Crimson

Wine

Group

Ltd.

†

..............................

2,123,900‌

684,000‌

Farmer

Brothers

Co.

†

........................................

1,894,680‌

1,350‌

Hanover

Foods

Corp.

,

Cl. A

..............................

67,122‌

300‌

Hanover

Foods

Corp.

,

Cl. B

..............................

16,200‌

21,000‌

Iwatsuka

Confectionery

Co.

Ltd.

......................

752,417‌

1,200‌

J

&

J

Snack

Foods

Corp.

.....................................

190,032‌

1,400‌

John

B

Sanfilippo

&

Son

Inc.

.............................

164,178‌

70,000‌

Premier

Foods

plc

..............................................

113,259‌

1,510‌

Rock

Field

Co.

Ltd.

............................................

15,613‌

4,600‌

Scheid

Vineyards

Inc.

,

Cl. A

†

............................

72,197‌

4,000‌

T.

Hasegawa

Co.

Ltd.

........................................

95,083‌

235,200‌

Tingyi

(Cayman

Islands)

Holding

Corp.

.........

365,586‌

207,400‌

Vitasoy

International

Holdings

Ltd.

................

258,324‌

23,000‌

Willamette

Valley

Vineyards

Inc.

†

....................

132,710‌

9,934,026‌

Health

Care

—

5

.1

%

65,000‌

Accuray

Inc.

†

.....................................................

251,550‌

5,700‌

Boiron

SA

...........................................................

243,818‌

9,000‌

CareDx

Inc.

†

.......................................................

76,500‌

3,000‌

Collegium

Pharmaceutical

Inc.

†

.......................

64,470‌

7,400‌

Conformis

Inc.

†

..................................................

16,206‌

228,660‌

Cutera

Inc.

†

........................................................

3,459,626‌

35,142‌

Electromed

Inc.

†

................................................

376,371‌

60,500‌

Exelixis

Inc.

†

......................................................

1,156,155‌

200,000‌

InfuSystem

Holdings

Inc.

†

................................

1,926,000‌

21,730‌

Integer

Holdings

Corp.

†

...................................

1,925,495‌

9,500‌

Invitae

Corp.

†

....................................................

10,735‌

5,500‌

LeMaitre

Vascular

Inc.

.......................................

370,040‌

212,000‌

Neogen

Corp.

†

...................................................

4,611,000‌

60,500‌

NeoGenomics

Inc.

†

............................................

972,235‌

60,000‌

Neuronetics

Inc.

†

...............................................

129,000‌

1,500‌

Omnicell

Inc.

†

....................................................

110,505‌

190,000‌

OPKO

Health

Inc.

†

............................................

412,300‌

21,000‌

Option

Care

Health

Inc.

†

..................................

682,290‌

58,500‌

Orthofix

Medical

Inc.

†

.......................................

1,056,510‌

25,000‌

Paratek

Pharmaceuticals

Inc.

†

..........................

55,250‌

2,500‌

QuidelOrtho

Corp.

†

..........................................

207,150‌

1,300‌

STERIS

plc

..........................................................

292,474‌

46,400‌

SurModics

Inc.

†

.................................................

1,452,784‌

69,611‌

United-Guardian

Inc.

........................................

593,085‌

1,000‌

Utah

Medical

Products

Inc.

...............................

93,200‌

Shares

Market

Value

19,500‌

Zealand

Pharma

A/S

†

........................................

$

699,011‌

21,243,760‌

Hotels

and

Gaming

—

5

.9

%

22,964‌

Bally's

Corp.

†

.....................................................

357,320‌

19,051‌

Boyd

Gaming

Corp.

...........................................

1,321,568‌

20,200‌

Caesars

Entertainment

Inc.

†

.............................

1,029,594‌

3,400‌

Churchill

Downs

Inc.

........................................

473,178‌

1,211,119‌

Full

House

Resorts

Inc.

†

....................................

8,114,497‌

180,885‌

Gambling.com

Group

Ltd.

†

..............................

1,852,262‌

20,000‌

Genius

Sports

Ltd.

†

...........................................

123,800‌

120,700‌

Golden

Entertainment

Inc.

†

..............................

5,045,260‌

255,221‌

Inspired

Entertainment

Inc.

†

............................

3,754,301‌

237,000‌

PlayAGS

Inc.

†

....................................................

1,339,050‌

20,000‌

Rush

Street

Interactive

Inc.

†

.............................

62,400‌

72,500‌

The

Marcus

Corp.

..............................................

1,075,175‌

24,548,405‌

Machinery

—

4

.8

%

179,500‌

Astec

Industries

Inc.

..........................................

8,156,480‌

4,400‌

DMG

Mori

AG

...................................................

203,574‌

473,600‌

Gencor

Industries

Inc.

†

.....................................

7,378,688‌

22,650‌

Tennant

Co.

........................................................

1,837,141‌

16,020‌

The

Middleby

Corp.

†

........................................

2,368,237‌

11,100‌

Williams

Industrial

Services

Group

Inc.

†

........

4,218‌

19,948,338‌

Manufactured

Housing

and

Recreational

Vehicles

—

3

.5

%

16,140‌

Cavco

Industries

Inc.

†

.......................................

4,761,300‌

107,250‌

Nobility

Homes

Inc.

..........................................

3,212,138‌

63,200‌

Skyline

Champion

Corp.

†

.................................

4,136,440‌

36,400‌

Winnebago

Industries

Inc.

................................

2,427,516‌

14,537,394‌

Metals

and

Mining

—

0

.1

%

36,000‌

Osisko

Gold

Royalties

Ltd.

...............................

553,282‌

400,000‌

Tanami

Gold

NL

†

..............................................

10,658‌

563,940‌

Paper

and

Forest

Products

—

0

.1

%

26,550‌

Keweenaw

Land

Association

Ltd.

†

..................

564,188‌

Publishing

—

0

.8

%

7,000‌

DallasNews

Corp.

..............................................

27,230‌

23,500‌

Lee

Enterprises

Inc.

†

.........................................

316,545‌

339,800‌

The

E.W.

Scripps

Co.

,

Cl. A

†

.............................

3,109,170‌

3,452,945‌

Real

Estate

—

1

.8

%

116,000‌

AmBase

Corp.

†

..................................................

14,790‌

116,300‌

Capital

Properties

Inc.

,

Cl. A

............................

1,311,864‌

30,000‌

DREAM

Unlimited

Corp.

,

Cl. A

.......................

467,183‌

19,500‌

FRP

Holdings

Inc.

†

............................................

1,122,615‌

19,040‌

Gyrodyne

LLC

†

.................................................

182,022‌

6,200‌

Holobeam

Inc.

†

..................................................

204,600‌

283,269‌

Reading

International

Inc.

,

Cl. A

†

....................

750,663‌

74,400‌

Reading

International

Inc.

,

Cl. B

†

.....................

1,737,240‌

2,508‌

Royalty

LLC

†

(a)

.................................................

765‌

98,000‌

Tejon

Ranch

Co.

†

...............................................

1,686,580‌

340,000‌

Trinity

Place

Holdings

Inc.

†

.............................

183,600‌

7,661,922‌

Restaurants

—

4

.2

%

57,000‌

Denny's

Corp.

†

..................................................

702,240‌

212,500‌

Nathan's

Famous

Inc.

(b)

...................................

16,689,750‌

17,391,990‌

TETON

Westwood

Mighty

Mites

Fund

Schedule

of

Investments

(Continued)—June

30,

2023

(Unaudited)

4

__________

Shares

Market

Value

COMMON

STOCKS

(Continued)

Retail

—

1

.2

%

16,000‌

Big

5

Sporting

Goods

Corp.

..............................

$

146,560‌

4,000‌

Ingles

Markets

Inc.

,

Cl. A

..................................

330,600‌

32,000‌

Lands'

End

Inc.

†

................................................

248,320‌

20,000‌

La-Z-Boy

Inc.

......................................................

572,800‌

26,500‌

Movado

Group

Inc.

...........................................

710,995‌

16,000‌

Natural

Grocers

by

Vitamin

Cottage

Inc.

........

196,160‌

1,000‌

PetMed

Express

Inc.

..........................................

13,790‌

50,000‌

Sportsman's

Warehouse

Holdings

Inc.

†

..........

285,000‌

106,747‌

Village

Super

Market

Inc.

,

Cl. A

.......................

2,435,967‌

4,940,192‌

Semiconductors

—

0

.1

%

53,927‌

SkyWater

Technology

Inc.

†

...............................

507,992‌

Specialty

Chemicals

—

1

.8

%

33,000‌

American

Vanguard

Corp.

................................

589,710‌

70,080‌

Hawkins

Inc.

......................................................

3,342,115‌

3,500‌

Minerals

Technologies

Inc.

................................

201,915‌

100,000‌

Navigator

Holdings

Ltd.

†

.................................

1,301,000‌

56,100‌

Neo

Performance

Materials

Inc.

.......................

347,251‌

25,000‌

Teraoka

Seisakusho

Co.

Ltd.

.............................

58,041‌

66,900‌

The

General

Chemical

Group

Inc.

†

(a)

.............

0‌

192,174‌

Treatt

plc

.............................................................

1,525,381‌

7,365,413‌

Telecommunications

—

0

.6

%

56,000‌

A10

Networks

Inc.

.............................................

817,040‌

10,500‌

Frequency

Electronics

Inc.

................................

69,510‌

270,000‌

INNOVATE

Corp.

†

............................................

472,500‌

30,000‌

Nuvera

Communications

Inc.

...........................

405,000‌

2,800‌

Preformed

Line

Products

Co.

...........................

437,080‌

5,000‌

Shenandoah

Telecommunications

Co.

.............

97,150‌

2,298,280‌

Transportation

—

0.0

%

6,000‌

Patriot

Transportation

Holding

Inc.

†

...............

50,160‌

TOTAL

COMMON

STOCKS

.........................

407,460,998‌

PREFERRED

STOCKS

—

0

.1

%

Automotive:

Parts

and

Accessories

—

0

.1

%

16,700‌

Jungheinrich

AG

................................................

611,201‌

RIGHTS

—

0

.1

%

Energy

and

Utilities:

Services

—

0

.1

%

85,500‌

Pineapple

Energy

Inc.

,

CVR

†

............................

301,815‌

Health

Care

—

0.0

%

200,000‌

Teva

Pharmaceutical

Industries

Ltd.

,

CCCP

,

expire

01/02/24

†

(a)

.........................................

0‌

Metals

and

Mining

—

0.0

%

60,000‌

Pan

American

Silver

Corp.

,

CVR

†

....................

30,606‌

TOTAL

RIGHTS

...............................................

332,421‌

WARRANTS

—

0.0

%

Business

Services

—

0.0

%

1‌

Internap

Corp.

,

expire

05/08/24

†

(a)

..................

652‌

Computer

Software

and

Services

—

0.0

%

9,000‌

Otonomo

Technologies

Ltd.

,

expire

08/13/26

†

180‌

Shares

Market

Value

Diversified

Industrial

—

0.0

%

47,000‌

Ampco-Pittsburgh

Corp.

,

expire

08/01/25

†

.....

$

23,030‌

Energy

and

Utilities:

Services

—

0.0

%

7,627‌

Weatherford

International

plc

,

expire

12/13/23

†

.........................................................

3,203‌

Health

Care

—

0.0

%

8,737‌

Option

Care

Health

Inc.

,

Cl. A

,

expire

07/27/25

†

.........................................................

31,813‌

8,737‌

Option

Care

Health

Inc.

,

Cl. B

,

expire

12/31/25

†

.........................................................

24,535‌

56,348‌

TOTAL

WARRANTS

.......................................

83,413‌

Principal

Amount

U.S.

GOVERNMENT

OBLIGATIONS

—

1

.4

%

$

5,675,000‌

U.S.

Treasury

Bills,

5.104

%

to

5.222

%

††

,

08/24/23

to

09/21/23

........................................

5,627,238‌

TOTAL

MISCELLANEOUS

INVESTMENTS

—

0

.2

%

(c)

..........................

902,167‌

TOTAL

INVESTMENTS

—

100.0%

(Cost

$

254,261,910

)

.........................................

$

415,017,438‌

(a)

Security

is

valued

using

significant

unobservable

inputs

and

is

classified

as

Level

3

in

the

fair

value

hierarchy.

(b)

Security

considered

an

affiliated

holding

because

the

Fund

owns

at

least

5%

of

its

outstanding

shares.

(c)

Represents

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