AMG River Road Large Cap Value Select Fund
Schedule of Portfolio Investments (unaudited)
July 31, 2021
Shares | Value | |
Common Stocks - 99.7% | ||
Communication Services - 29.2% | ||
Alphabet, Inc., Class C* | 851 | $2,301,461 |
Comcast Corp., Class A | 38,600 | 2,270,838 |
Liberty Broadband Corp., Class C* | 13,185 | 2,340,206 |
Liberty Media Corp.-Liberty SiriusXM, Class C* | 49,538 | 2,288,656 |
Madison Square Garden Sports Corp.* | 6,126 | 996,945 |
T-Mobile US, Inc.* | 11,929 | 1,718,015 |
Total Communication Services | 11,916,121 | |
Consumer Discretionary - 12.2% | ||
Dollar Tree, Inc.* | 20,037 | 1,999,492 |
LKQ Corp.* | 30,921 | 1,569,241 |
NVR, Inc.* | 274 | 1,430,992 |
Total Consumer Discretionary | 4,999,725 | |
Consumer Staples - 10.4% | ||
Keurig Dr Pepper, Inc. | 62,952 | 2,216,540 |
Nestle SA, Sponsored ADR (Switzerland) | 15,854 | 2,008,075 |
Total Consumer Staples | 4,224,615 | |
Energy - 3.7% | ||
Pioneer Natural Resources Co. | 10,270 | 1,492,950 |
Financials - 24.4% | ||
Berkshire Hathaway, Inc., Class B* | 12,646 | 3,519,255 |
Fidelity National Financial, Inc. | 37,296 | 1,663,775 |
KKR & Co., Inc. | 44,890 | 2,862,186 |
The Progressive Corp. | 20,353 | 1,936,792 |
Total Financials | 9,982,008 |
Shares | Value | |
Health Care - 10.7% | ||
CVS Health Corp. | 18,671 | $1,537,743 |
McKesson Corp. | 6,396 | 1,303,697 |
UnitedHealth Group, Inc. | 3,739 | 1,541,291 |
Total Health Care | 4,382,731 | |
Information Technology - 5.5% | ||
Fiserv, Inc.* | 19,580 | 2,253,854 |
Utilities - 3.6% | ||
American Electric Power Co., Inc. | 16,654 | 1,467,550 |
Total Common Stocks (Cost $37,742,161) | 40,719,554 | |
Short-Term Investments - 0.6% | ||
Other Investment Companies - 0.6% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 0.03%1 | 83,312 | 83,312 |
Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 0.01%1 | 83,311 | 83,311 |
JPMorgan U.S. Government Money Market Fund, IM Shares, 0.03%1 | 85,836 | 85,836 |
Total Short-Term Investments (Cost $252,459) | 252,459 | |
Total Investments - 100.3% (Cost $37,994,620) | 40,972,013 | |
Other Assets, less Liabilities - (0.3)% | (138,790) | |
Net Assets - 100.0% | $40,833,223 |
* | Non-income producing security. |
1 | Yield shown represents the July 31, 2021, seven day average yield, which refers to the sum of the previous seven days' dividends paid, expressed as an annual percentage. |
ADR | American Depositary Receipt |
The following table summarizes the inputs used to value the Fund's investments by the fair value hierarchy levels as of July 31, 2021:
Level 1 | Level 2 | Level 3 | Total | ||||
Investments in Securities | |||||||
Common Stocks† | $40,719,554 | — | — | $40,719,554 | |||
Short-Term Investments | |||||||
Other Investment Companies | 252,459 | — | — | 252,459 | |||
Total Investments in Securities | $40,972,013 | — | — | $40,972,013 |
† | All common stocks held in the Fund are Level 1 securities. For a detailed breakout of common stocks by major industry classification, please refer to the Fund's Schedule of Portfolio Investments. |
For the period ended July 31, 2021, there were no transfers in or out of Level 3.
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AMG River Road Large Cap Value Select Fund
Schedule of Portfolio Investments (continued)
For additional information about significant accounting policies, including valuation of investments, refer to the Fund’s most recent semi or annual report.
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