NPORT-EX 2 wcmfioppsoi33124.htm
WCM Focused International Opportunities Fund
SCHEDULE OF INVESTMENTS
As of March 31, 2024 (Unaudited) 
Number
of Shares 		  Value
  COMMON STOCKS — 96.5%  
  ARGENTINA — 2.7%  
5,420 Globant S.A.* $1,094,298
  AUSTRALIA — 3.9%  
4,010 Atlassian Corp. - Class A* 782,391
214,700 Steadfast Group Ltd. 822,648
    1,605,039
  BELGIUM — 2.7%  
5,100 D'ieteren Group 1,131,255
  BERMUDA — 2.3%  
10,140 Arch Capital Group Ltd.* 937,342
  BRAZIL — 2.7%  
92,960 NU Holdings Ltd. - Class A* 1,109,013
  CANADA — 9.4%  
16,000 Celestica, Inc.* 719,040
270 Constellation Software, Inc. 737,487
1,560 Lululemon Athletica, Inc.* 609,414
43,210 PrairieSky Royalty Ltd. 846,273
5,930 TFI International, Inc. 945,578
    3,857,792
  CHINA — 2.2%  
94,400 Shenzhou International Group Holdings Ltd. 893,718
  DENMARK — 2.7%  
8,610 Novo Nordisk A.S. - Class B 1,104,426
  FAROE ISLANDS — 1.8%  
11,880 Bakkafrost P/F 762,680
  FRANCE — 6.9%  
14,190 Edenred S.E. 757,188
7,560 Gaztransport Et Technigaz S.A. 1,129,636
3,420 Sartorius Stedim Biotech 975,193
    2,862,017
  GERMANY — 3.1%  
17,090 Scout24 S.E. 1,288,065
WCM Focused International Opportunities Fund
SCHEDULE OF INVESTMENTS - Continued
As of March 31, 2024 (Unaudited) 
Number
of Shares 		  Value
  COMMON STOCKS (Continued)  
  IRELAND — 6.8%  
3,520 Flutter Entertainment PLC* $701,512
7,000 Ryanair Holdings PLC - ADR 1,019,130
4,890 STERIS PLC 1,099,370
    2,820,012
  ISRAEL — 2.0%  
3,650 Monday.com Ltd.* 824,425
  ITALY — 3.3%  
53,390 Davide Campari-Milano N.V. 536,492
11,160 Moncler S.p.A. 832,936
    1,369,428
  JAPAN — 10.0%  
4,720 Disco Corp. 1,720,814
12,428 GMO Payment Gateway, Inc. 799,224
26,600 Kobe Bussan Co., Ltd. 651,558
3,367 Lasertec Corp. 954,851
    4,126,447
  MEXICO — 1.7%  
72,570 Grupo Aeroportuario del Centro Norte S.A.B. de C.V. 713,325
  NETHERLANDS — 9.7%  
590 Adyen N.V.* 998,080
2,300 ASM International N.V. 1,404,218
7,750 Elastic N.V.* 776,860
8,650 Euronext N.V. 823,098
    4,002,256
  NORWAY — 1.4%  
302,620 AutoStore Holdings Ltd.* 559,746
  PERU — 1.9%  
4,650 Credicorp Ltd. 787,850
  SOUTH KOREA — 1.4%  
31,360 Coupang, Inc.* 557,894
  SWEDEN — 4.9%  
7,130 Evolution A.B. 886,321
12,910 Saab A.B. - Class B 1,148,199
    2,034,520
WCM Focused International Opportunities Fund
SCHEDULE OF INVESTMENTS - Continued
As of March 31, 2024 (Unaudited) 
Number
of Shares 		  Value
  COMMON STOCKS (Continued)  
  SWITZERLAND — 3.9%  
560 Mettler-Toledo International, Inc.* $745,522
2,920 Sika A.G. 869,622
    1,615,144
  TAIWAN — 1.8%  
26,000 Jentech Precision Industrial Co., Ltd. 733,607
  UNITED KINGDOM — 7.3%  
38,850 3i Group PLC 1,377,378
28,550 Compass Group PLC 837,077
25,950 Halma PLC 775,585
    2,990,040
  TOTAL COMMON STOCKS  
  (Cost $31,894,624) 39,780,339
  WARRANTS — 0.0%  
  CANADA — 0.0%  
345 Constellation Software, Inc. (Expires 4/01/2040)*,1 —
  TOTAL WARRANTS  
  (Cost $0) —
  SHORT-TERM INVESTMENTS — 3.4%  
1,395,695 Morgan Stanley Institutional Liquidity Treasury Portfolio - Institutional Class, 5.09%2 1,395,695
  TOTAL SHORT-TERM INVESTMENTS  
  (Cost $1,395,695) 1,395,695
  TOTAL INVESTMENTS — 99.9%  
  (Cost $33,290,319) 41,176,034
  Other Assets in Excess of Liabilities — 0.1% 43,993
  TOTAL NET ASSETS — 100.0% $41,220,027
    
ADR – American Depository Receipt
PLC – Public Limited Company
    
* Non-income producing security.
1 Level 3 securities fair valued under procedures established by the Board of Trustees, represents 0.00% of Total Net Assets.  The total value of these securities is $0.
2 The rate is the annualized seven-day yield at period end.