Bridgeway Funds NPORT-P Omni Small-Cap Value Fund (Sep 2024 report)

Omni

Small-Cap

Value

Fund

Schedule

of

Investments

(Unaudited)

1

Showing

percentage

of

net

assets

as

of

September

30,

2024

bridgewayfunds.com

Industry

Company

Shares

Value

.

Common

Stocks

-

99.89%

Communication

Services

-

6

.41

%

Advantage

Solutions,

Inc.*

1,480,000

$

5,076,400

AMC

Networks,

Inc.,

Class A*

223,500

1,942,215

ATN

International,

Inc.

50,600

1,636,404

comScore,

Inc.*

15,000

101,850

Creative

Realities,

Inc.*

10,000

45,900

Cumulus

Media,

Inc.,

Class A*

43,300

56,723

EchoStar

Corp.,

Class A*+

335,930

8,337,783

Entravision

Communications

Corp.,

Class A

260,800

539,856

Gaia,

Inc.*

77,000

374,990

Gannett

Co.,

Inc.*

797,700

4,483,074

Gray

Television,

Inc.

455,100

2,439,336

Harte

Hanks,

Inc.*

7,700

57,288

Liberty

Latin

America,

Ltd.,

Class A*

180,000

1,724,400

Liberty

Latin

America,

Ltd.,

Class C*

776,500

7,368,985

Marcus

Corp.

(The)+

193,000

2,908,510

Outbrain,

Inc.*

74,466

361,905

Saga

Communications,

Inc.,

Class A

37,000

531,320

Scholastic

Corp.

106,750

3,417,067

Sinclair,

Inc.+

284,746

4,356,614

Sphere

Entertainment

Co.*+

170,000

7,510,600

TEGNA,

Inc.+

450,000

7,101,000

Telephone

and

Data

Systems,

Inc.

453,800

10,550,850

Townsquare

Media,

Inc.,

Class A

109,900

1,116,584

United

States

Cellular

Corp.*

125,400

6,853,110

WideOpenWest,

Inc.*

100,600

528,150

Ziff

Davis,

Inc.*

40,000

1,946,400

81,367,314

Consumer

Discretionary

-

15

.30

%

1-800-Flowers.com,

Inc.,

Class A*+

291,400

2,310,802

Abercrombie

&

Fitch

Co.,

Class A*

23,600

3,301,640

Adient

PLC*

235,000

5,303,950

aka

Brands

Holding

Corp.*

1,000

23,610

A-Mark

Precious

Metals,

Inc.

10,000

441,600

AMCON

Distributing

Co.

2,450

355,127

American

Axle

&

Manufacturing

Holdings,

Inc.*

463,996

2,867,495

Industry

Company

Shares

Value

Consumer

Discretionary

(continued)

American

Outdoor

Brands,

Inc.*

49,500

$

456,390

American

Public

Education,

Inc.*

61,100

901,225

AMMO,

Inc.*

606,200

866,866

Ark

Restaurants

Corp.

8,500

101,915

Bally's

Corp.*

90,000

1,552,500

Bassett

Furniture

Industries,

Inc.

21,900

316,455

Beazer

Homes

USA,

Inc.*

147,500

5,040,075

Big

5

Sporting

Goods

Corp.

113,700

237,633

Biglari

Holdings,

Inc.,

Class B*

6,200

1,066,462

Chegg,

Inc.*

9,800

17,346

China

Automotive

Systems,

Inc.

136,350

627,210

Citi

Trends,

Inc.*

13,900

255,343

Clarus

Corp.

114,400

514,800

Container

Store

Group,

Inc.

(The)*

110

1,019

Crown

Crafts,

Inc.

75,850

364,080

Dana,

Inc.

531,600

5,613,696

Designer

Brands,

Inc.,

Class A+

269,500

1,988,910

Destination

XL

Group,

Inc.*

169,544

498,459

Duluth

Holdings,

Inc.,

Class B*

98,300

369,608

El

Pollo

Loco

Holdings,

Inc.*

158,300

2,168,710

Escalade,

Inc.

5,200

73,164

Ethan

Allen

Interiors,

Inc.

3,500

111,615

Flanigan's

Enterprises,

Inc.

14,000

369,600

Flexsteel

Industries,

Inc.

20,159

892,842

Foot

Locker,

Inc.

255,000

6,589,200

Genesco,

Inc.*

45,000

1,222,650

GigaCloud

Technology,

Inc.,

Class A*+

178,700

4,106,526

G-III

Apparel

Group,

Ltd.*

232,500

7,095,900

Good

Times

Restaurants,

Inc.*

106,000

288,320

Guess?,

Inc.+

225,000

4,529,250

Hamilton

Beach

Brands

Holding

Co.,

Class A

44,900

1,366,307

Haverty

Furniture

Cos.,

Inc.

74,400

2,043,768

Holley,

Inc.*

311,300

918,335

Hooker

Furnishings

Corp.

51,000

922,080

Hovnanian

Enterprises,

Inc.,

Class A*

27,389

5,597,490

JAKKS

Pacific,

Inc.*

62,300

1,589,896

Johnson

Outdoors,

Inc.,

Class A

1,959

70,916

Omni

Small-Cap

Value

Fund

Schedule

of

Investments

(Unaudited)

(continued)

2

Showing

percentage

of

net

assets

as

of

September

30,

2024

Quarterly

Report

|

September

30,

2024

(Unaudited)

Industry

Company

Shares

Value

Common

Stocks

(continued)

Consumer

Discretionary

(continued)

Kandi

Technologies

Group,

Inc.*

135,700

$

279,542

Kohl's

Corp.+

385,000

8,123,500

Lands'

End,

Inc.*

25,100

433,477

Landsea

Homes

Corp.*

214,729

2,651,903

Latham

Group,

Inc.*

402,300

2,735,640

La-Z-Boy,

Inc.

166,000

7,126,380

Legacy

Housing

Corp.*

3,331

91,103

Lifetime

Brands,

Inc.

116,850

764,199

Live

Ventures,

Inc.*

15,550

240,559

Lovesac

Co.

(The)*+

31,000

888,150

Lulu's

Fashion

Lounge

Holdings,

Inc.*

25,000

40,000

M/I

Homes,

Inc.*

74,700

12,800,592

MarineMax,

Inc.*

6,400

225,728

MasterCraft

Boat

Holdings,

Inc.*+

51,600

939,636

Motorcar

Parts

of

America,

Inc.*

94,121

695,554

Movado

Group,

Inc.

54,200

1,008,120

ODP

Corp.

(The)*

145,000

4,313,750

OneWater

Marine,

Inc.,

Class A*+

4,900

117,159

Patrick

Industries,

Inc.+

90,000

12,813,300

Perdoceo

Education

Corp.

312,879

6,958,429

Phinia,

Inc.

199,000

9,159,970

Rocky

Brands,

Inc.

27,200

866,592

Sally

Beauty

Holdings,

Inc.*

377,448

5,121,969

Shoe

Carnival,

Inc.

104,500

4,582,325

Smith

&

Wesson

Brands,

Inc.

9,400

122,012

Solo

Brands,

Inc.,

Class A*

165,000

232,650

Sportsman's

Warehouse

Holdings,

Inc.*

38,300

103,793

Standard

Motor

Products,

Inc.

81,600

2,709,120

Strattec

Security

Corp.*

12,012

512,432

Superior

Group

of

Cos.,

Inc.

38,000

588,620

Tilly's,

Inc.,

Class A*

1,600

8,160

Topgolf

Callaway

Brands

Corp.*+

500,000

5,490,000

Traeger,

Inc.*

497,300

1,830,064

Unifi,

Inc.*

54,273

398,364

Universal

Electronics,

Inc.*

15,760

145,465

Universal

Technical

Institute,

Inc.*

221,400

3,599,964

Vera

Bradley,

Inc.*

130,600

713,076

Vista

Outdoor,

Inc.*

267,191

10,468,543

VOXX

International

Corp.*+

62,100

394,956

Industry

Company

Shares

Value

Consumer

Discretionary

(continued)

Weyco

Group,

Inc.

40,000

$

1,361,600

Winnebago

Industries,

Inc.+

121,481

7,059,261

194,066,442

Consumer

Staples

-

3

.66

%

Andersons,

Inc.

(The)

160,438

8,044,361

B&G

Foods,

Inc.+

217,000

1,926,960

Central

Garden

&

Pet

Co.*+

28,000

1,021,160

Central

Garden

&

Pet

Co.,

Class A*

195,700

6,144,980

Coffee

Holding

Co.,

Inc.*

1,000

3,230

Dole

PLC

477,500

7,778,475

Edgewell

Personal

Care

Co.

52,600

1,911,484

Fresh

Del

Monte

Produce,

Inc.

191,477

5,656,231

HF

Foods

Group,

Inc.*

13,826

49,359

Ingles

Markets,

Inc.,

Class A

63,400

4,729,640

Mannatech,

Inc.*

8,378

64,929

Natural

Alternatives

International,

Inc.*

18,100

103,713

Natural

Grocers

by

Vitamin

Cottage,

Inc.

81,100

2,407,859

Nature's

Sunshine

Products,

Inc.*

6,593

89,797

Seneca

Foods

Corp.,

Class A*

20,900

1,302,697

SpartanNash

Co.

110,946

2,486,300

Village

Super

Market,

Inc.,

Class A

65,750

2,090,192

Weis

Markets,

Inc.

8,941

616,303

46,427,670

Energy

-

10

.01

%

Adams

Resources

&

Energy,

Inc.

19,000

513,000

Amplify

Energy

Corp.*

174,600

1,140,138

Archrock,

Inc.

8,816

178,436

Ardmore

Shipping

Corp.

216,400

3,916,840

Barnwell

Industries,

Inc.

15,500

35,030

Berry

Corp.

188,400

968,376

Bristow

Group,

Inc.*

64,033

2,221,305

Crescent

Energy

Co.,

Class A

790,655

8,657,672

Delek

US

Holdings,

Inc.

267,000

5,006,250

Diversified

Energy

Co.

PLC

147,500

1,678,550

DMC

Global,

Inc.*

115,000

1,492,700

Omni

Small-Cap

Value

Fund

Schedule

of

Investments

(Unaudited)

(continued)

3

Showing

percentage

of

net

assets

as

of

September

30,

2024

bridgewayfunds.com

Industry

Company

Shares

Value

Common

Stocks

(continued)

Energy

(continued)

Dorian

LPG,

Ltd.

211,300

$

7,272,946

Epsilon

Energy,

Ltd.

90,000

527,400

Forum

Energy

Technologies,

Inc.*

28,900

446,794

FutureFuel

Corp.

195,300

1,122,975

Geospace

Technologies

Corp.*+

62,016

641,245

Gran

Tierra

Energy,

Inc.*

150,000

940,500

Gulf

Island

Fabrication,

Inc.*

20,000

112,800

Gulfport

Energy

Corp.*

44,600

6,750,210

Hallador

Energy

Co.*

255,000

2,404,650

Innovex

International,

Inc.*

14,800

217,264

Mammoth

Energy

Services,

Inc.*

185,000

756,650

NACCO

Industries,

Inc.,

Class A

41,945

1,189,141

Natural

Gas

Services

Group,

Inc.*

114,752

2,192,911

NCS

Multistage

Holdings,

Inc.*

10,000

199,900

Oil

States

International,

Inc.*

245,700

1,130,220

Par

Pacific

Holdings,

Inc.*

247,400

4,354,240

PHX

Minerals,

Inc.

129,800

438,724

PrimeEnergy

Resources

Corp.*

41

5,650

ProFrac

Holding

Corp.,

Class A*+

472,500

3,208,275

ProPetro

Holding

Corp.*

480,000

3,676,800

Ranger

Energy

Services,

Inc.

113,850

1,355,953

REX

American

Resources

Corp.*

90,900

4,207,761

Ring

Energy,

Inc.*

924,500

1,479,200

RPC,

Inc.+

737,000

4,687,320

SandRidge

Energy,

Inc.

100,550

1,229,727

SEACOR

Marine

Holdings,

Inc.*

16,390

158,163

Select

Water

Solutions,

Inc.

381,300

4,243,869

SFL

Corp.,

Ltd.

731,000

8,457,670

Smart

Sand,

Inc.*

220,500

434,385

Solaris

Energy

Infrastructure,

Inc.

68,593

875,247

Talos

Energy,

Inc.*+

673,400

6,969,690

Teekay

Corp.*

590,000

5,428,000

Teekay

Tankers,

Ltd.,

Class A

167,000

9,727,750

US

Energy

Corp.*

27,000

31,050

VAALCO

Energy,

Inc.

472,200

2,710,428

Vital

Energy,

Inc.*

135,700

3,650,330

Industry

Company

Shares

Value

Energy

(continued)

World

Kinect

Corp.

255,600

$

7,900,596

126,944,731

Financials

-

34

.40

%

1st

Source

Corp.

85,000

5,089,800

Acacia

Research

Corp.*+

45,000

209,700

ACNB

Corp.+

51,400

2,244,638

Alerus

Financial

Corp.

55,000

1,258,400

Amalgamated

Financial

Corp.

129,930

4,075,904

Ambac

Financial

Group,

Inc.*

110,000

1,233,100

AmeriServ

Financial,

Inc.

78,000

203,580

Ames

National

Corp.

1,008

18,376

Associated

Capital

Group,

Inc.,

Class A

1,000

35,420

Atlanticus

Holdings

Corp.*

1,610

56,479

Auburn

National

BanCorp,

Inc.

12,000

274,800

Banc

of

California,

Inc.

267,463

3,939,730

Banco

Latinoamericano

de

Comercio

Exterior

SA,

Class E

133,400

4,334,166

Bank

of

Marin

Bancorp

15,047

302,294

Bank

of

NT

Butterfield

&

Son,

Ltd.

(The)

25,000

922,000

Bank

of

the

James

Financial

Group,

Inc.

13,000

178,620

Bank7

Corp.

51,500

1,929,705

BankFinancial

Corp.

44,100

537,138

BankUnited,

Inc.

264,764

9,648,000

Bankwell

Financial

Group,

Inc.

15,000

449,250

Banner

Corp.

83,127

4,951,044

Bar

Harbor

Bankshares

50,966

1,571,791

BayCom

Corp.

38,313

908,784

BCB

Bancorp,

Inc.

42,000

518,280

Berkshire

Hills

Bancorp,

Inc.

115,000

3,096,950

BM

Technologies,

Inc.*

20,500

69,700

Bread

Financial

Holdings,

Inc.

190,500

9,063,990

Bridgewater

Bancshares,

Inc.*

57,500

814,775

Brookline

Bancorp,

Inc.

200,000

2,018,000

Burke

&

Herbert

Financial

Services

Corp.

173

10,551

Business

First

Bancshares,

Inc.

85,800

2,202,486

Byline

Bancorp,

Inc.

149,800

4,010,146

C&F

Financial

Corp.

13,600

793,560

California

BanCorp*

47,700

705,483

Omni

Small-Cap

Value

Fund

Schedule

of

Investments

(Unaudited)

(continued)

4

Showing

percentage

of

net

assets

as

of

September

30,

2024

Quarterly

Report

|

September

30,

2024

(Unaudited)

Industry

Company

Shares

Value

Common

Stocks

(continued)

Financials

(continued)

Camden

National

Corp.

39,100

$

1,615,612

Capital

Bancorp,

Inc.+

73,950

1,901,254

Capital

City

Bank

Group,

Inc.

37,172

1,311,800

Carter

Bankshares,

Inc.*

60,485

1,051,834

CB

Financial

Services,

Inc.

20,400

570,384

Central

Pacific

Financial

Corp.

67,000

1,977,170

CF

Bankshares,

Inc.

19,000

411,350

Chemung

Financial

Corp.

19,500

936,390

ChoiceOne

Financial

Services,

Inc.+

28,500

880,935

Citizens

Community

Bancorp,

Inc.

52,500

743,925

Citizens

Financial

Services,

Inc.

2,448

143,820

Citizens,

Inc.*+

169,500

613,590

Civista

Bancshares,

Inc.

32,523

579,560

CNB

Financial

Corp.

64,300

1,547,058

Coastal

Financial

Corp.*+

6,500

350,935

Colony

Bankcorp,

Inc.+

56,010

869,275

Community

Trust

Bancorp,

Inc.

60,000

2,979,600

Community

West

Bancshares

95,030

1,830,278

ConnectOne

Bancorp,

Inc.

114,446

2,866,872

Consumer

Portfolio

Services,

Inc.*

146,650

1,375,577

CrossFirst

Bankshares,

Inc.*

184,100

3,072,629

Customers

Bancorp,

Inc.*

79,591

3,697,002

Dime

Community

Bancshares,

Inc.

104,112

2,998,426

Donegal

Group,

Inc.,

Class A

92,300

1,360,502

Eagle

Bancorp

Montana,

Inc.

21,000

331,590

Eagle

Bancorp,

Inc.

45,070

1,017,681

Encore

Capital

Group,

Inc.*

67,500

3,190,725

Enova

International,

Inc.*

105,407

8,832,053

Enterprise

Bancorp,

Inc.

39,375

1,258,425

Enterprise

Financial

Services

Corp.

110,400

5,659,104

Equity

Bancshares,

Inc.,

Class A

81,000

3,311,280

ESSA

Bancorp,

Inc.

44,700

859,134

Evans

Bancorp,

Inc.

8,000

311,760

EZCORP,

Inc.,

Class A*

416,200

4,665,602

Farmers

National

Banc

Corp.

968

14,636

FB

Financial

Corp.

136,600

6,410,638

Industry

Company

Shares

Value

Financials

(continued)

Federal

Agricultural

Mortgage

Corp.,

Class C

26,600

$

4,985,106

Fidelis

Insurance

Holdings,

Ltd.

142,000

2,564,520

Financial

Institutions,

Inc.

70,000

1,782,900

Finwise

Bancorp*

30,700

478,920

First

Bancorp,

Inc.

(The)

1,000

26,320

First

Bancshares,

Inc.

(The)

79,400

2,551,122

First

Bank

85,230

1,295,496

First

Busey

Corp.

184,000

4,787,680

First

Business

Financial

Services,

Inc.

45,400

2,069,786

First

Capital,

Inc.

15,035

525,624

First

Financial

Bancorp

287,000

7,241,010

First

Financial

Corp.

39,362

1,726,024

First

Financial

Northwest,

Inc.+

17,882

402,703

First

Guaranty

Bancshares,

Inc.

22,972

244,652

First

Internet

Bancorp

2,000

68,520

First

Merchants

Corp.

190,600

7,090,320

First

Mid

Bancshares,

Inc.

51,500

2,003,865

First

National

Corp.+

33,800

591,500

First

Northwest

Bancorp

11,787

126,121

First

of

Long

Island

Corp.

(The)

38,200

491,634

First

Savings

Financial

Group,

Inc.

20,700

492,867

First

United

Corp.

29,176

870,612

First

US

Bancshares,

Inc.

6,468

74,899

First

Western

Financial,

Inc.*

2,500

50,000

Flushing

Financial

Corp.

68,497

998,686

Franklin

Financial

Services

Corp.

30,700

924,991

FS

Bancorp,

Inc.

39,000

1,735,110

FVCBankcorp,

Inc.*

42,499

554,612

Great

Elm

Group,

Inc.*

4,500

8,595

Green

Dot

Corp.,

Class A*

45,000

526,950

Guild

Holdings

Co.,

Class A

225,001

3,741,767

Hanmi

Financial

Corp.

68,558

1,275,179

Hanover

Bancorp,

Inc.

13,924

249,100

HarborOne

Bancorp,

Inc.

112,400

1,458,952

Hawthorn

Bancshares,

Inc.

28,404

710,952

Heartland

Financial

USA,

Inc.

119,700

6,786,990

Hennessy

Advisors,

Inc.

7,000

69,650

Heritage

Commerce

Corp.

132,464

1,308,744

Heritage

Financial

Corp.

122,500

2,666,825

Omni

Small-Cap

Value

Fund

Schedule

of

Investments

(Unaudited)

(continued)

5

Showing

percentage

of

net

assets

as

of

September

30,

2024

bridgewayfunds.com

Industry

Company

Shares

Value

Common

Stocks

(continued)

Financials

(continued)

Heritage

Insurance

Holdings,

Inc.*

97,100

$

1,188,504

Hilltop

Holdings,

Inc.

152,000

4,888,320

HMN

Financial,

Inc.

23,800

664,020

Home

Bancorp,

Inc.

30,494

1,359,423

Hope

Bancorp,

Inc.

374,800

4,707,488

Horace

Mann

Educators

Corp.

153,100

5,350,845

Horizon

Bancorp,

Inc.

112,667

1,751,972

Independent

Bank

Corp.

123,100

5,394,385

Independent

Bank

Group,

Inc.

39,350

2,268,921

Investar

Holding

Corp.

43,000

834,200

Investors

Title

Co.

5,494

1,262,521

James

River

Group

Holdings,

Ltd.

50,000

313,500

Kearny

Financial

Corp.

86,462

593,994

Landmark

Bancorp,

Inc.

17,707

357,504

LCNB

Corp.+

46,500

700,755

LendingTree,

Inc.*

15,000

870,450

loanDepot,

Inc.,

Class A*

912,664

2,491,573

Logan

Ridge

Finance

Corp.

12,600

308,070

Magyar

Bancorp,

Inc.

1,000

12,320

MainStreet

Bancshares,

Inc.

24,300

448,335

Medallion

Financial

Corp.

39,800

323,972

Mercantile

Bank

Corp.

47,300

2,067,956

Merchants

Bancorp

82,211

3,696,207

Mercury

General

Corp.

29,500

1,857,910

Meridian

Corp.

43,800

553,632

Metrocity

Bankshares,

Inc.

9,291

284,490

Metropolitan

Bank

Holding

Corp.*

23,300

1,225,114

Mid

Penn

Bancorp,

Inc.

26,603

793,567

Middlefield

Banc

Corp.

34,000

979,200

Midland

States

Bancorp,

Inc.

73,700

1,649,406

MidWestOne

Financial

Group,

Inc.

49,260

1,405,388

MVB

Financial

Corp.

32,600

631,136

National

Bank

Holdings

Corp.,

Class A

30,000

1,263,000

Navient

Corp.

450,000

7,015,500

Northeast

Community

Bancorp,

Inc.

53,139

1,405,527

Northfield

Bancorp,

Inc.

114,800

1,331,680

Northrim

BanCorp,

Inc.

30,800

2,193,576

Northwest

Bancshares,

Inc.

337,700

4,518,426

Oak

Valley

Bancorp

40,000

1,062,800

OceanFirst

Financial

Corp.

150,323

2,794,505

Industry

Company

Shares

Value

Financials

(continued)

Ohio

Valley

Banc

Corp.

15,700

$

380,568

Old

Point

Financial

Corp.

159

3,072

Old

Second

Bancorp,

Inc.

132,603

2,067,281

Onity

Group,

Inc.*

42,501

1,357,482

OP

Bancorp

91,900

1,146,912

Oportun

Financial

Corp.*

50,000

140,500

Oppenheimer

Holdings,

Inc.,

Class A

49,493

2,532,062

OptimumBank

Holdings,

Inc.*

15,000

68,550

Origin

Bancorp,

Inc.

77,522

2,493,108

Orrstown

Financial

Services,

Inc.

81,143

2,917,902

Parke

Bancorp,

Inc.

50,099

1,047,069

Pathfinder

Bancorp,

Inc.

10,200

162,894

Pathward

Financial,

Inc.

5,181

341,998

Patriot

National

Bancorp,

Inc.*

15,182

28,846

Paysafe,

Ltd.*+

218,900

4,909,927

PCB

Bancorp

58,600

1,101,094

Peapack-Gladstone

Financial

Corp.

43,894

1,203,135

Penns

Woods

Bancorp,

Inc.

23,229

552,502

Peoples

Bancorp

of

North

Carolina,

Inc.

27,617

701,196

Peoples

Bancorp,

Inc.

152,470

4,587,822

Peoples

Financial

Services

Corp.

22,900

1,073,552

Pioneer

Bancorp,

Inc.*

82,600

906,122

Plumas

Bancorp

2,000

81,560

Preferred

Bank

20,833

1,671,848

Premier

Financial

Corp.

80,300

1,885,444

Primis

Financial

Corp.

6,600

80,388

Princeton

Bancorp,

Inc.

34,480

1,275,070

PROG

Holdings,

Inc.

4,500

218,205

Provident

Bancorp,

Inc.*

4,600

49,634

Provident

Financial

Holdings,

Inc.

26,600

381,710

Provident

Financial

Services,

Inc.

132,631

2,461,631

QCR

Holdings,

Inc.

61,000

4,515,830

RBB

Bancorp

65,883

1,516,627

Red

River

Bancshares,

Inc.+

200

10,400

Regional

Management

Corp.

56,100

1,835,031

Renasant

Corp.

203,280

6,606,600

Repay

Holdings

Corp.*

100,000

816,000

Republic

Bancorp,

Inc.,

Class A

49,362

3,223,339

Rhinebeck

Bancorp,

Inc.*

15,000

138,750

Omni

Small-Cap

Value

Fund

Schedule

of

Investments

(Unaudited)

(continued)

6

Showing

percentage

of

net

assets

as

of

September

30,

2024

Quarterly

Report

|

September

30,

2024

(Unaudited)

Industry

Company

Shares

Value

Common

Stocks

(continued)

Financials

(continued)

Richmond

Mutual

BanCorp,

Inc.+

25,000

$

322,500

Riverview

Bancorp,

Inc.

119,500

562,845

Runway

Growth

Finance

Corp.+

78,400

806,736

S&T

Bancorp,

Inc.

149,601

6,278,754

Sandy

Spring

Bancorp,

Inc.

72,450

2,272,756

SB

Financial

Group,

Inc.

35,490

729,674

Security

National

Financial

Corp.,

Class A*

59,506

547,455

Shore

Bancshares,

Inc.

102,844

1,438,788

Sierra

Bancorp

53,000

1,530,640

Simmons

First

National

Corp.,

Class A

307,800

6,630,012

SiriusPoint,

Ltd.*

697,100

9,996,414

SmartFinancial,

Inc.

56,500

1,646,410

South

Plains

Financial,

Inc.

99,700

3,381,824

Southern

First

Bancshares,

Inc.*

22,038

751,055

Southern

Missouri

Bancorp,

Inc.

11,000

621,390

Southern

States

Bancshares,

Inc.

35,000

1,075,550

Southside

Bancshares,

Inc.

29,500

986,185

Stellar

Bancorp,

Inc.

104,200

2,697,738

Stewart

Information

Services

Corp.

103,814

7,759,058

Summit

State

Bank

21,000

177,450

SWK

Holdings

Corp.*

30,405

525,702

Third

Coast

Bancshares,

Inc.*

58,000

1,552,660

Timberland

Bancorp,

Inc.

47,900

1,449,454

Tiptree,

Inc.

177,200

3,467,804

Towne

Bank

120,600

3,987,036

TriCo

Bancshares

15,900

678,135

TrustCo

Bank

Corp.

NY

46,680

1,543,708

Trustmark

Corp.

185,500

5,902,610

Union

Bankshares,

Inc.

139

3,604

United

Bancorp,

Inc.

8,400

110,292

United

Fire

Group,

Inc.

53,100

1,111,383

United

Security

Bancshares

50,000

435,500

Unity

Bancorp,

Inc.

43,867

1,494,110

Universal

Insurance

Holdings,

Inc.

91,617

2,030,233

Univest

Financial

Corp.

123,179

3,466,257

US

Global

Investors,

Inc.,

Class A

48,500

125,130

Velocity

Financial,

Inc.*+

156,650

3,071,906

Veritex

Holdings,

Inc.

139,380

3,668,482

Industry

Company

Shares

Value

Financials

(continued)

Virtus

Investment

Partners,

Inc.

6,232

$

1,305,292

WaFd,

Inc.

227,252

7,919,732

Washington

Trust

Bancorp,

Inc.

7,700

248,017

Waterstone

Financial,

Inc.

37,000

543,900

WesBanco,

Inc.

134,000

3,990,520

Western

New

England

Bancorp,

Inc.

83,597

710,574

Westwood

Holdings

Group,

Inc.

26,452

375,618

World

Acceptance

Corp.*

20,100

2,371,398

436,398,394

Health

Care

-

3

.24

%

AdaptHealth

Corp.*

470,000

5,278,100

American

Shared

Hospital

Services*

8,500

25,925

Avanos

Medical,

Inc.*

81,917

1,968,466

Aytu

BioPharma,

Inc.*

1,500

3,525

CareCloud,

Inc.*

54,200

143,088

Cross

Country

Healthcare,

Inc.*

105,800

1,421,952

Enhabit,

Inc.*

184,300

1,455,970

FONAR

Corp.*

30,300

490,557

Fulgent

Genetics,

Inc.*

27,708

602,095

Innoviva,

Inc.*+

229,190

4,425,659

Kiora

Pharmaceuticals,

Inc.*

2,000

7,320

Multiplan

Corp.*+

2

15

Ocuphire

Pharma,

Inc.*

80,400

105,324

OraSure

Technologies,

Inc.*

299,000

1,276,730

Owens

&

Minor,

Inc.*

293,600

4,606,584

Pacira

BioSciences,

Inc.*

129,300

1,945,965

Pediatrix

Medical

Group,

Inc.*

265,000

3,071,350

Premier,

Inc.,

Class A+

312,400

6,248,000

ProPhase

Labs,

Inc.*

5,000

12,100

Retractable

Technologies,

Inc.*

9,430

7,262

SCYNEXIS,

Inc.*

186,000

277,140

Spero

Therapeutics,

Inc.*

50,000

67,000

Vanda

Pharmaceuticals,

Inc.*

25,100

117,719

Varex

Imaging

Corp.*

124,200

1,480,464

Voyager

Therapeutics,

Inc.*+

138,000

807,300

XBiotech,

Inc.*

20,000

154,600

Omni

Small-Cap

Value

Fund

Schedule

of

Investments

(Unaudited)

(continued)

7

Showing

percentage

of

net

assets

as

of

September

30,

2024

bridgewayfunds.com

Industry

Company

Shares

Value

Common

Stocks

(continued)

Health

Care

(continued)

Zymeworks,

Inc.*

406,900

$

5,106,595

41,106,805

Industrials

-

15

.67

%

ACCO

Brands

Corp.

381,300

2,085,711

Air

Industries

Group*

9

50

Air

Transport

Services

Group,

Inc.*

205,000

3,318,950

Allegiant

Travel

Co.+

45,200

2,488,712

Alpha

Pro

Tech,

Ltd.*

24,124

137,507

American

Woodmark

Corp.*

83,400

7,793,730

Avalon

Holdings

Corp.,

Class A*

16,900

43,095

AZZ,

Inc.

36,600

3,023,526

BGSF,

Inc.

45,100

379,742

BlueLinx

Holdings,

Inc.*

45,000

4,743,900

BrightView

Holdings,

Inc.*

454,500

7,153,830

Caesarstone,

Ltd.*

123,177

561,687

CBAK

Energy

Technology,

Inc.*

360,000

450,000

Civeo

Corp.

77,255

2,116,787

Commercial

Vehicle

Group,

Inc.*

128,600

417,950

CompX

International,

Inc.

1,000

29,210

Concrete

Pumping

Holdings,

Inc.*

313,000

1,812,270

Conduent,

Inc.*

684,200

2,757,326

Costamare,

Inc.

570,400

8,966,688

Covenant

Logistics

Group,

Inc.

85,400

4,512,536

Deluxe

Corp.

187,000

3,644,630

DLH

Holdings

Corp.*

15,891

148,740

DNOW,

Inc.*

510,000

6,594,300

Eastern

Co.

(The)+

29,601

960,552

Enviri

Corp.*

387,580

4,007,577

Genco

Shipping

&

Trading,

Ltd.

230,900

4,502,550

Golden

Ocean

Group,

Ltd.

688,400

9,210,792

Greenbrier

Cos.,

Inc.

(The)+

151,500

7,709,835

Greenland

Technologies

Holding

Corp.*

5,000

12,350

Heartland

Express,

Inc.

268,000

3,291,040

Heidrick

&

Struggles

International,

Inc.

18,000

699,480

Hurco

Cos.,

Inc.

2,060

43,404

JELD-WEN

Holding,

Inc.*

381,200

6,026,772

JetBlue

Airways

Corp.*+

1,157,500

7,593,200

Kelly

Services,

Inc.,

Class A

139,383

2,984,190

Industry

Company

Shares

Value

Industrials

(continued)

Limbach

Holdings,

Inc.*+

3,000

$

227,280

Manitowoc

Co.,

Inc.

(The)*

130,000

1,250,600

Mastech

Digital,

Inc.*

1,000

10,000

Masterbrand,

Inc.*

570,000

10,567,800

Mayville

Engineering

Co.,

Inc.*

97,810

2,061,835

MillerKnoll,

Inc.+

322,000

7,972,720

Mistras

Group,

Inc.*

137,050

1,558,258

MRC

Global,

Inc.*

100,000

1,274,000

NL

Industries,

Inc.

66,962

497,528

NN,

Inc.*

137,500

536,250

Northwest

Pipe

Co.*

50,000

2,256,500

Orion

Group

Holdings,

Inc.*

65,422

377,485

PAM

Transportation

Services,

Inc.*

94,220

1,743,070

Pangaea

Logistics

Solutions,

Ltd.+

296,300

2,142,249

Park-Ohio

Holdings

Corp.

22,484

690,259

Perma-Pipe

International

Holdings,

Inc.*

14,000

181,720

Preformed

Line

Products

Co.

1,000

128,080

Proto

Labs,

Inc.*

38,200

1,121,934

Quad/Graphics,

Inc.

306,500

1,391,510

Quanex

Building

Products

Corp.

126,700

3,515,925

Radiant

Logistics,

Inc.*

175,250

1,126,858

Resources

Connection,

Inc.

120,500

1,168,850

Safe

Bulkers,

Inc.

542,100

2,808,078

Servotronics,

Inc.*

1,500

16,950

SkyWest,

Inc.*

160,000

13,603,200

Steel

Connect,

Inc.*

42

443

Steelcase,

Inc.,

Class A

495,000

6,677,550

Sun

Country

Airlines

Holdings,

Inc.*

198,800

2,228,548

Titan

International,

Inc.*+

239,200

1,944,696

TrueBlue,

Inc.*

7,150

56,413

Tutor

Perini

Corp.*

275,000

7,469,000

Universal

Logistics

Holdings,

Inc.

115,189

4,965,798

Wabash

National

Corp.

87,700

1,682,963

Willis

Lease

Finance

Corp.

35,400

5,267,874

198,744,843

Information

Technology

-

3

.95

%

Alpha

&

Omega

Semiconductor,

Ltd.*

7,144

265,186

Benchmark

Electronics,

Inc.

133,085

5,898,327

Omni

Small-Cap

Value

Fund

Schedule

of

Investments

(Unaudited)

(continued)

8

Showing

percentage

of

net

assets

as

of

September

30,

2024

Quarterly

Report

|

September

30,

2024

(Unaudited)

Industry

Company

Shares

Value

Common

Stocks

(continued)

Information

Technology

(continued)

Daktronics,

Inc.*

211,100

$

2,725,301

Data

Storage

Corp.*

2,266

8,543

E2open

Parent

Holdings,

Inc.*

769,600

3,393,936

Eastman

Kodak

Co.*

298,000

1,406,560

Key

Tronic

Corp.*

17,000

97,240

Kimball

Electronics,

Inc.*

77,200

1,428,972

Methode

Electronics,

Inc.

16,000

191,360

NCR

Voyix

Corp.*

525,000

7,124,250

NETGEAR,

Inc.*

132,900

2,665,974

Photronics,

Inc.*

206,050

5,101,798

Richardson

Electronics,

Ltd.

15,000

185,100

ScanSource,

Inc.*

104,301

5,009,577

SigmaTron

International,

Inc.*

2,000

5,700

Synchronoss

Technologies,

Inc.*

2,000

29,770

Taitron

Components,

Inc.,

Class A

10,000

29,100

Trio-Tech

International*

21,800

120,772

TTM

Technologies,

Inc.*

490,653

8,954,417

Upland

Software,

Inc.*

25,000

62,250

WidePoint

Corp.*

11,000

38,940

Xerox

Holdings

Corp.+

512,500

5,319,750

50,062,823

Materials

-

5

.16

%

AdvanSix,

Inc.

100,700

3,059,266

Alto

Ingredients,

Inc.*

302,000

486,220

Ascent

Industries

Co.*

39,525

383,393

Caledonia

Mining

Corp.

PLC

9,200

137,632

Clearwater

Paper

Corp.*

91,650

2,615,691

Core

Molding

Technologies,

Inc.*

37,900

652,259

Ecovyst,

Inc.*

150,000

1,027,500

Friedman

Industries,

Inc.

20,300

325,206

Intrepid

Potash,

Inc.*

56,856

1,364,544

Koppers

Holdings,

Inc.

75,953

2,774,563

Kronos

Worldwide,

Inc.

800

9,960

Mativ

Holdings,

Inc.

165,000

2,803,350

Mercer

International,

Inc.

141,250

956,262

Metallus,

Inc.*

229,000

3,396,070

Olympic

Steel,

Inc.

47,267

1,843,413

Pactiv

Evergreen,

Inc.

762,643

8,778,021

Radius

Recycling,

Inc.

92,800

1,720,512

Ramaco

Resources,

Inc.,

Class A+

1,400

16,380

Ranpak

Holdings

Corp.*

296,000

1,932,880

Industry

Company

Shares

Value

Materials

(continued)

Rayonier

Advanced

Materials,

Inc.*

296,091

$

2,534,539

Ryerson

Holding

Corp.

90,000

1,791,900

SunCoke

Energy,

Inc.

497,700

4,320,036

Tronox

Holdings

PLC

578,000

8,456,140

Universal

Stainless

&

Alloy

Products,

Inc.*

40,000

1,545,200

Valhi,

Inc.

93,527

3,120,996

Warrior

Met

Coal,

Inc.

146,992

9,392,789

65,444,722

Real

Estate

-

2

.09

%

AMREP

Corp.*

52,000

1,543,880

Anywhere

Real

Estate,

Inc.*

195,000

990,600

Forestar

Group,

Inc.*

224,800

7,276,776

Newmark

Group,

Inc.,

Class A

705,000

10,948,650

Opendoor

Technologies,

Inc.*+

2,325,000

4,650,000

RE/MAX

Holdings,

Inc.,

Class A

91,400

1,137,930

Transcontinental

Realty

Investors,

Inc.*

1,400

40,306

26,588,142

TOTAL

COMMON

STOCKS

-

99.89%

1,267,151,886

(Cost

$947,286,146)

.

Preferred

Stock

-

0.00%

Air

T

Funding,

8.00%+

221

3,856

TOTAL

PREFERRED

STOCK

-

0.00%

3,856

(Cost

$4,597)

.

Rights

-

0.01%

Pineapple

Holdings,

Inc.,

CVR*

∆

#+++

5,000

1,350

Resolute

Forest

Products,

Inc.,

CVR,

expiring

12/31/49*

∆

#

335,500

97,295

TOTAL

RIGHTS

-

0.01%

98,645

(Cost

$

—

)

Omni

Small-Cap

Value

Fund

Schedule

of

Investments

(Unaudited)

(continued)

9

Showing

percentage

of

net

assets

as

of

September

30,

2024

bridgewayfunds.com

^

Rate^

B

Shares

B

Value

.

Money

Market

Fund

-

0.11%

Fidelity

Investments

Money

Market

Government

Portfolio

Class

I

4.83%

1,457,803

$

1,457,803

TOTAL

MONEY

MARKET

FUND

-

0.11%

1,457,803

(Cost

$1,457,803)

.

Investments

Purchased

With

Cash

Proceeds

From

Securities

Lending

-

1.15%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund**

4.88%

14,610,949

14,610,949

TOTAL

INVESTMENTS

PURCHASED

WITH

CASH

PROCEEDS

FROM

SECURITIES

LENDING

-

1.15%

14,610,949

(Cost

$14,610,949)

TOTAL

INVESTMENTS

-

101.16%

$

1,283,323,139

(Cost

$963,359,495)

Liabilities

in

Excess

of

Other

Assets

-

(1.16%)

(

14,689,314

)

NET

ASSETS

-

100.00%

$

1,268,633,825

*

Non-income

producing

security.

**

This

security

represents

the

investment

of

the

cash

collateral

received

in

connection

with

securities

out

on

loan

as

of

September

30,

2024.

^

Rate

disclosed

as

of

September

30,

2024.

∆

Security

was

fair

valued

using

significant

unobservable

inputs.

As

such,

the

security

is

classified

as

Level

3

in

the

fair

value

hierarchy.

#

Illiquid

security

as

determined

under

procedures

approved

by

the

Board

of

Directors.

The

aggregate

value

of

illiquid

securities

is

$98,645,

which

is

0.01%

of

total

net

assets.

+

This

security

or

a

portion

of

the

security

is

out

on

loan

as

of

September

30,

2024.

Total

loaned

securities

had

a

value

of

$92,762,666

as

of

September

30,

2024.

+++

No

stated

maturity

date.

CVR

-

Contingent

Value

Right

PLC

-

Public

Limited

Company

Summary

of

inputs

used

to

value

the

Fund’s

investments

as

of

9/30/2024:

Valuation

Inputs

Investment

in

Securities

(Value)

Level

1

Quoted

Prices

Level

2

Significant

Observable

Inputs

Level

3

Significant

Unobservable

Inputs

Total

Common

Stocks

Consumer

Discretionary

$

193,696,842

$

369,600

$

–

$

194,066,442

Other

Industries

(a)

1,073,085,444

–

–

1,073,085,444

Total

Common

Stocks

1,266,782,286

369,600

–

1,267,151,886

Preferred

Stock

3,856

–

–

3,856

Rights

–

–

98,645

98,645

Money

Market

Fund

1,457,803

–

–

1,457,803

Investments

Purchased

With

Cash

Proceeds

From

Securities

Lending

14,610,949

–

–

14,610,949

TOTAL

$1,282,854,894

$369,600

$98,645

$1,283,323,139

(a)

-

Please

refer

to

the

Schedule

of

Investments

for

the

industry

classifications

of

these

portfolio

holdings.

Omni

Small-Cap

Value

Fund

Schedule

of

Investments

(Unaudited)

(continued)

10

Quarterly

Report

|

September

30,

2024

(Unaudited)

Following

is

a

reconciliation

of

Level

3

investments

for

which

significant

unobservable

inputs

were

used

to

determine

fair

value:

Investment

in

Securities

(Value)

Rights

Balance

as

of

06/30/2024

$

98,645

Purchases/Issuances

–

Sales/Expirations

–

Return

of

Capital

–

Realized

Gain/(Loss)

–

Change

in

unrealized

Appreciation/(Depreciation)

–

Transfers

in

–

Transfers

out

–

Balance

as

of

09/30/2024

$

98,645

Net

change

in

unrealized

Appreciation/(Depreciation)

from

investments

held

as

of

09/30/2024

$

–