Schedule of Investments (Unaudited) | March 31, 2022 | |
Monetta Fund |
NUMBER OF SHARES | VALUE | |||||||
COMMON STOCKS - 95.8% | ||||||||
Basic Material - 1.0% | ||||||||
Mining-1.0% | ||||||||
25,000 | Cleveland-Cliffs, Inc. * | $ | 805,250 | |||||
Consumer Cyclical - 9.8% | ||||||||
Apparel Manufacturing-0.5% | ||||||||
3,000 | NIKE, Inc. - CL B | 403,680 | ||||||
Automobile-5.3% | ||||||||
140,000 | Ford Motor Co. | 2,367,400 | ||||||
1,000 | Tesla, Inc. * | 1,077,600 | ||||||
26,000 | XPeng, Inc. * | 717,340 | ||||||
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4,162,340 | ||||||||
Leisure Service-3.1% | ||||||||
10,000 | Caesars Entertainment, Inc. * | 773,600 | ||||||
3,000 | Netflix, Inc. * | 1,123,770 | ||||||
13,000 | Penn National Gaming, Inc. * | 551,460 | ||||||
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2,448,830 | ||||||||
Media-Radio/TV-0.9% | ||||||||
5,000 | Walt Disney Co. * | 685,800 | ||||||
Energy - 5.4% | ||||||||
Energy-0.8% | ||||||||
3,000 | Enphase Energy, Inc. * | 605,340 | ||||||
Oil & Gas-Equipment & Services-1.1% | ||||||||
20,000 | Schlumberger Ltd. | 826,200 | ||||||
Oil & Gas-Exploration & Production-3.5% | ||||||||
22,000 | APA Corp. | 909,260 | ||||||
6,000 | EOG Resources, Inc. | 715,380 | ||||||
20,000 | Occidental Petroleum Corp. | 1,134,800 | ||||||
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2,759,440 | ||||||||
Financial - 14.8% | ||||||||
Bank-Money Center-7.5% | ||||||||
10,000 | Goldman Sachs Group, Inc. | 3,301,000 | ||||||
15,000 | JPMorgan Chase & Co. | 2,044,800 | ||||||
10,000 | Wells Fargo & Co. | 484,600 | ||||||
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5,830,400 | ||||||||
Bank-Regional-0.8% | ||||||||
2,000 | Signature Bank | 586,980 | ||||||
Bank-Super Regional-0.7% | ||||||||
1,000 | SVB Financial Group * | 559,450 | ||||||
Finance-Miscellaneous-5.8% | ||||||||
15,000 | Ally Financial, Inc. | 652,200 | ||||||
4,000 | American Express Co. | 748,000 | ||||||
4,500 | Global Payments, Inc. | 615,780 | ||||||
7,000 | MasterCard, Inc. - CL A | 2,501,660 | ||||||
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4,517,640 | ||||||||
Healthcare - 10.5% | ||||||||
Healthcare-Biomedical/Genetic-4.4% | ||||||||
200,000 | Amarin Corp. - ADR * | 658,000 | ||||||
3,200 | Amgen, Inc. | 773,824 | ||||||
12,000 | Incyte Corp. * | 953,040 | ||||||
4,000 | Vertex Pharmaceuticals, Inc. * | 1,043,880 | ||||||
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3,428,744 |
Healthcare-Drug/Diversified-2.7% | ||||||||
6,000 | AbbVie, Inc. | 972,660 | ||||||
14,000 | Merck & Co., Inc. | 1,148,700 | ||||||
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2,121,360 | ||||||||
Healthcare-Patient Care-3.4% | ||||||||
2,200 | Laboratory Corporation of America Holdings * | 580,052 | ||||||
4,000 | UnitedHealth Group, Inc. | 2,039,880 | ||||||
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2,619,932 | ||||||||
Retail - 13.2% | ||||||||
Retail-Major Chain-3.7% | ||||||||
5,000 | Costco Wholesale Corp. | 2,879,250 | ||||||
Retail-Restaurant-2.4% | ||||||||
600 | Chipotle Mexican Grill, Inc. * | 949,218 | ||||||
2,000 | McDonald’s Corp. | 494,560 | ||||||
5,000 | Starbucks Corp. | 454,850 | ||||||
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1,898,628 | ||||||||
Retail-Specialty-7.1% | ||||||||
1,700 | Amazon.com, Inc. * | 5,541,915 | ||||||
Technology - 34.4%# | ||||||||
Computer Data Storage-8.1% | ||||||||
32,000 | Apple, Inc. | 5,587,520 | ||||||
20,000 | HP, Inc. | 726,000 | ||||||
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6,313,520 | ||||||||
Computer-Software-7.8% | ||||||||
15,000 | Cisco Systems, Inc. | 836,400 | ||||||
4,000 | Crowdstrike Holdings, Inc. * | 908,320 | ||||||
12,000 | Microsoft Corp. | 3,699,720 | ||||||
3,000 | salesforce.com, Inc. * | 636,960 | ||||||
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6,081,400 | ||||||||
Electronic-Semiconductor-9.1% | ||||||||
20,000 | Advanced Micro Devices, Inc. * | 2,186,800 | ||||||
10,000 | Micron Technology, Inc. | 778,900 | ||||||
13,000 | NVIDIA Corp. | 3,547,180 | ||||||
4,000 | QUALCOMM, Inc. | 611,280 | ||||||
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7,124,160 | ||||||||
Internet-8.2% | ||||||||
2,100 | Alphabet, Inc. - CL C * | 5,865,279 | ||||||
14,000 | Twitter, Inc. * | 541,660 | ||||||
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6,406,939 | ||||||||
Telecommunication Service-1.2% | ||||||||
7,000 | T-Mobile US, Inc. * | 898,450 | ||||||
Transportation - 6.7% | ||||||||
Airline-6.7% | ||||||||
60,000 | Delta Air Lines, Inc. * | 2,374,200 | ||||||
62,000 | Southwest Airlines Co. * | 2,839,600 | ||||||
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5,213,800 | ||||||||
Total Common Stocks (Cost $43,682,234) | 74,719,448 | |||||||
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MONEY MARKET FUNDS - 4.3% | ||||||||
3,385,965 | First American Government Obligations Fund - Class X, 0.19% | 3,385,965 | ||||||
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Total Money Market Funds (Cost $3,385,965) | 3,385,965 | |||||||
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Total Investments (Cost $47,068,199) - 100.1% | 78,105,413 | |||||||
Liabilities in Excess of Other Assets - (0.1)% | (64,801 | ) | ||||||
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TOTAL NET ASSETS - 100.0% | $ | 78,040,612 | ||||||
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ADR - American Depositary Receipt
* | Non Income Producing. |
# | As of March 31, 2022, the Fund had a significant portion of its assets invested in the technology sector. The technology sector may be more sensitive to changes in domestic and international competition, economic cycles, financial resources, personnel availability, rapid innovation and intellectual property issues. |
^ | Rate shown is the seven day effective yield at March 31, 2022. |
Industry classification provided by William O’Neil & Co., Inc.
Summary of Fair Value Exposure
The Fund has adopted fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion in changes in valuation techniques and related inputs during the period and expanded disclosure of valuation Levels for major security types. These inputs are summarized in the three broad Levels listed below:
Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
Level 2 – Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
Level 3 – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
As of March 31, 2022, the Fund’s investments in securities were classified as follows:
Level 1 | Level 2 | Level 3 | Total Fair Value | |||||||||||||
Common Stocks | $ | 74,719,448 | $ | — | $ | — | $ | 74,719,448 | ||||||||
Money Market Funds | 3,385,965 | — | — | 3,385,965 | ||||||||||||
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Total Investments in Securities | $ | 78,105,413 | $ | — | $ | — | $ | 78,105,413 | ||||||||
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Refer to the Schedule of Investments for futher information on the classification of investments.