| The Chesapeake Growth Fund | ||
| Schedule of Investments | ||
| July 31, 2024 (Unaudited) | ||
| Common Stocks - 92.5% | Shares | Value |
| Communications - 9.3% | ||
| Internet Media & Services - 9.3% | ||
| Alphabet, Inc. - Class C | 13,743 | $ 2,379,601 |
| Netflix, Inc. * | 1,855 | 1,165,589 |
| Uber Technologies, Inc. * | 6,225 | 401,326 |
| 3,946,516 | ||
| Consumer Discretionary - 16.4% | ||
| Automotive - 0.8% | ||
| Ferrari N.V. | 885 | 365,514 |
| E-Commerce Discretionary - 5.6% | ||
| Amazon.com, Inc. * | 12,695 | 2,373,711 |
| Home Construction - 3.7% | ||
| Toll Brothers, Inc. | 11,135 | 1,589,076 |
| Leisure Facilities & Services - 1.0% | ||
| Chipotle Mexican Grill, Inc. * | 7,681 | 417,232 |
| Retail - Discretionary - 5.3% | ||
| lululemon athletica, inc. * | 2,641 | 683,121 |
| TJX Companies, Inc. (The) | 13,917 | 1,572,899 |
| 2,256,020 | ||
| Consumer Staples - 2.8% | ||
| Beverages - 2.8% | ||
| Monster Beverage Corporation * | 23,459 | 1,206,966 |
| Energy - 4.2% | ||
| Oil & Gas Producers - 4.2% | ||
| Exxon Mobil Corporation | 14,971 | 1,775,411 |
| Financials - 7.9% | ||
| Asset Management - 5.4% | ||
| Blackstone, Inc. | 1,625 | 230,994 |
| UBS Group AG | 68,175 | 2,057,521 |
| 2,288,515 | ||
| Banking - 2.5% | ||
| Citigroup, Inc. | 16,785 | 1,089,011 |
| The Chesapeake Growth Fund | ||
| Schedule of Investments (Continued) | ||
| Common Stocks - 92.5% (Continued) | Shares | Value |
| Health Care - 6.7% | ||
| Biotech & Pharma - 2.4% | ||
| Eli Lilly & Company | 570 | $ 458,434 |
| Novo Nordisk A/S - ADR | 4,180 | 554,393 |
| 1,012,827 | ||
| Health Care Facilities & Services - 3.1% | ||
| Humana, Inc. | 3,700 | 1,337,957 |
| Medical Equipment & Devices - 1.2% | ||
| Danaher Corporation | 1,780 | 493,202 |
| Industrials - 9.5% | ||
| Aerospace & Defense - 8.3% | ||
| Boeing Company (The) * | 7,668 | 1,461,521 |
| TransDigm Group, Inc. | 1,617 | 2,092,754 |
| 3,554,275 | ||
| Diversified Industrials - 1.2% | ||
| Emerson Electric Company | 4,245 | 497,132 |
| Materials - 2.8% | ||
| Construction Materials - 2.8% | ||
| Vulcan Materials Company | 4,340 | 1,191,373 |
| Technology - 32.9% | ||
| Semiconductors - 7.4% | ||
| Broadcom, Inc. | 4,680 | 751,982 |
| NVIDIA Corporation | 11,055 | 1,293,656 |
| NXP Semiconductors N.V. | 4,256 | 1,120,009 |
| 3,165,647 | ||
| Software - 10.9% | ||
| Microsoft Corporation | 6,368 | 2,664,053 |
| ServiceNow, Inc. * | 955 | 777,742 |
| Synopsys, Inc. * | 2,115 | 1,180,847 |
| 4,622,642 | ||
| Technology Hardware - 6.5% | ||
| Apple, Inc. | 12,389 | 2,751,349 |
| Technology Services - 8.1% | ||
| Gartner, Inc. * | 2,140 | 1,072,547 |
| The Chesapeake Growth Fund | ||
| Schedule of Investments (Continued) | ||
| Common Stocks - 92.5% (Continued) | Shares | Value |
| Technology - 32.9% (Continued) | ||
| Technology Services - 8.1% (Continued) | ||
| Mastercard, Inc. - Class A | 5,120 | $ 2,374,195 |
| 3,446,742 | ||
| Total Common Stocks (Cost $26,632,514) | $ 39,381,118 | |
| Money Market Funds - 7.3% | Shares | Value |
| Fidelity Investments Money Market Government Portfolio - Class I, 5.22% (a) (Cost $3,110,164) | 3,110,164 | $ 3,110,164 |
| Total Investments at Value - 99.8% (Cost $29,742,678) | $ 42,491,282 | |
| Other Assets in Excess of Liabilities - 0.2% | 70,742 | |
| Total Net Assets - 100.0% | $ 42,562,024 | |
| ADR | - American Depositary Receipt. |
| * | Non-income producing security. |
| (a) | The rate shown is the 7-day effective yield as of July 31, 2024. |
