NPORT-EX 2 onerocknportex.htm NPORT-EX




Schedule of Investments

February 28, 2022 (unaudited)

One Rock Fund

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares or Principal

 

 

Security Description

 

 

Amount ($)

 

Fair Value ($)(1)

 

 

 

 

 

 

Common Stocks - 93.19%

 

 

 

 

 

 

 

 

Air Transportation, Scheduled - 4.56%

 

 

 

 

 

 

Delta Air Lines, Inc. (2)

 

 

 

5,800

 

231,536

United Airlines Holdings, Inc. (2)

 

 

 

3,500

 

155,400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

386,936

 

 

 

 

 

 

 

 

Blank Checks - 0.85%

 

 

 

 

 

 

Gores Guggenheim, Inc. Class A (2)

 

 

 

6,500

 

71,890

 

 

 

 

 

 

 

 

Communications Equipment, Nec - 1.28%

 

 

 

 

 

 

Lumentum Holdings, Inc. (2)

 

 

 

1,100

 

108,746

 

 

 

 

 

 

 

 

Computer Communications Equipment, Nec - 0.96%

 

 

 

 

 

 

Juniper Networks, Inc.

 

 

 

2,400

 

81,096

 

 

 

 

 

 

 

 

Electromedical & Electrotherapeutic Apparatus - 1.26%

 

 

 

 

 

InMode Ltd. (2)

 

 

 

 

2,500

 

106,725

 

 

 

 

 

 

 

 

Finance Services - 4.03%

 

 

 

 

 

 

Coinbase Global, Inc. Class A  (2)

 

 

 

800

 

152,616

Upstart Holdings,  Inc. (2)

 

 

 

1,200

 

189,588

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

342,204

 

 

 

 

 

 

 

 

Metal Mining - 1.45%

 

 

 

 

 

 

Cleveland-Cliffs, Inc.  (2)

 

 

 

5,500

 

122,980

 

 

 

 

 

 

 

 

Motor Vehicles & Passenger Car Bodies - 5.52%

 

 

 

 

 

 

Tesla, Inc.  (2)

 

 

 

 

350

 

304,650

Xpeng, Inc. ADR  (2)

 

 

 

 

4,500

 

163,665

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

468,315

 

 

 

 

 

 

 

 

Motors & Generators - 1.11%

 

 

 

 

 

 

Generac Holdings, Inc. (2)

 

 

 

300

 

94,641

 

 

 

 

 

 

 

 

Optical Instruments & Lenses - 1.23%

 

 

 

 

 

 

KLA Corp.

 

 

 

 

300

 

104,550

 

 

 

 

 

 

 

 

Printing Trades Machinery & Equipment - 3.35%

 

 

 

 

 

 

Kornit Digital Ltd. (2)

 

 

 

3,000

 

284,490

 

 

 

 

 

 

 

 

Real Estate Agents & Managers (For Others) - 3.84%

 

 

 

 

 

 

OpenDoor Technologies, Inc.  Class A (2)

 

 

 

39,000

 

325,650

 

 

 

 

 

 

 

 

Retail-Auto Dealers & Gasoline Stations - 2.17%

 

 

 

 

 

 

Camping World Holdings, Inc.  Class A

 

 

 

6,000

 

184,260

 

 

 

 

 

 

 

 

Semiconductors & Related Devices - 22.79%

 

 

 

 

 

 

Advanced Micro Devices, Inc.  (2)

 

 

 

900

 

111,006

Ambarella, Inc. (2)

 

 

 

 

300

 

41,913

Enphase Energy, Inc. (2)

 

 

 

2,400

 

400,080

Marvell Technology Group Ltd.

 

 

 

2,800

 

191,324

NVIDIA Corp.

 

 

 

 

1,200

 

292,620

NXP Semiconductors N.V.

 

 

 

600

 

114,072

SiTime Corporation (2)

 

 

 

800

 

161,712

SolarEdge Technologies, Inc. (2)

 

 

 

1,400

 

447,188

Wolfspeed, Inc. (2)

 

 

 

 

1,700

 

174,624

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,934,539

 

 

 

 

 

 

 

 

Services-Computer Processing & Data Preparation. - 0.46%

 

 

 

 

 

RingCentral, Inc. (2)

 

 

 

 

300

 

39,252

 

 

 

 

 

 

 

 

Services-Computer Programming Services - 6.97%

 

 

 

 

 

 

Zscaler,  Inc. (2)

 

 

 

 

2,473

 

591,418

 

 

 

 

 

 

 

 

Services-Computer Programming, Data Processing, Etc. - 7.84%

 

 

 

 

 

Trade Desk, Inc. Class A (2)

 

 

 

7,800

 

665,496

 

 

 

 

 

 

 

 

Services-Equipment Rental & Leasing, Nec - 2.27%

 

 

 

 

 

 

United Rentals,  Inc. (2)

 

 

 

600

 

192,972

 

 

 

 

 

 

 

 

Services-Prepackaged Software - 16.33%

 

 

 

 

 

 

Cloudflare Inc.  Class A (2)

 

 

 

1,100

 

128,062

CrowdStrike Holdings, Inc. Class A  (2)

 

 

 

600

 

117,126

CyberArk Software Ltd. (2)

 

 

 

1,100

 

187,154

Datadog, Inc. Class A  (2)

 

 

 

1,400

 

225,554

MongoDB, Inc. Class A (2)

 

 

 

500

 

190,995

Snowflake,  Inc.  Class A (2)

 

 

 

500

 

132,830

Unity Software, Inc. (2)

 

 

 

3,800

 

404,510

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,386,231

 

 

 

 

 

 

 

 

Special Industry Machinery, Nec - 1.57%

 

 

 

 

 

 

ASML Holding N.V. ADR (2)

 

 

 

200

 

133,302

 

 

 

 

 

 

 

 

Transportation Services - 2.43%

 

 

 

 

 

 

Booking Holdings, Inc. (2)

 

 

 

50

 

108,613

Expedia Group, Inc. (2)

 

 

 

500

 

98,055

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

206,668

Wholesale-Machinery, Equipment & Supplies - 0.92%

 

 

 

 

 

 

AerSale Corp. (2)

 

 

 

 

5,000

 

78,300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Common Stock

 

 

 

 

(Cost $                7,671,482)

 

7,910,661

 

 

 

 

 

 

 

 

Money Market Registered Investment Companies - 0.96%

 

 

 

 

Federated Government Obligations Fund Institutional Shares 0.03% (5)

81,527

 

81,527

 

 

 

 

Total Money Market Registered Investment Companies

(Cost $                      81,527)

 

81,527

 

 

 

 

Total Investments - 94.15%

(Cost $                7,753,009)

 

7,992,188

 

 

 

 

Other Assets less Liabilities - 5.85%

 

 

496,735

 

 

 

 

Total Net Assets - 100.00%

 

 

8,488,923

 

 

 

 

Options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long (Short)

 

Notional Value of

 

Fair

 

 

 

Contracts

Expiration Date

Contracts ($)

 

Value ($)

Call Options Written

 

 

 

 

 

 

Ambarella Inc. March 18,2022 Call @ $140

 

(3)

3/18/2022

(42,000)

 

(4,032)

iShares Russell 2000 ETF March 18,2022 Call @ $203

 

(30)

3/18/2022

(609,000)

 

(18,390)

Nvidia Corp. March 18, 2022 Call @ $265

 

(3)

3/18/2022

(79,500)

 

(1,080)

NXP Semiconductors N.V. March 18, 2022 Call @ $200

 

(2)

3/18/2022

(40,000)

 

(700)

SPDR S&P 500 ETF Trust March 18, 2022 Call @ $445

 

(15)

3/18/2022

(667,500)

 

(8,070)

Tesla, Inc. March 18, 2022 Call @ $950

 

(1)

3/18/2022

(95,000)

 

(1,925)

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,533,000)

 

(34,197)

 

 

 

 

 

 

 

 

 

 

 

 

 

(Cost $                   104,512)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)  Statement on Financial Accounting Standard No. 157 "Fair Value Measurements" - Various inputs are used in determining the value of the Fund's investments.

       These inputs are summarized in the three broad levels listed below.

        • Level 1 - quoted prices in active markets for identical securities

        • Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

        • Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

 

       The following is a summary of the inputs used as of February 28, 2022 in valuing the Fund's assets carried at fair value:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in

 

Other Financial

Valuation Inputs

 

 

 

 

Securities

 

Instruments (9)

Level 1 - Quoted Prices

 

 

$

7,992,188

$

 

Level 2 - Other Significant Observable Inputs

 

 

 

 

 

-

Level 3 - Significant Unobservable Inputs

 

 

 

-

 

-

Total

 

 

 

$

7,992,188

$

0

 

 

 

 

 

 

 

 

       The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term

       debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment

       Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active

       market, such securities are reflected as Level 2.

 

 

 

 

 

 

 

 

(2)  Represents non-income producing securities.

(3)  All or a portion of this security is on loan.

(4)  Investment purchased with cash received as securities lending collateral. The yield shown represents the 7-day yield in effect at February 28, 2022.

(5)  Investment in affiliate. The yield shown represents the 7-day yield in effect at February 28, 2022.

(6)  Assets of affiliates to the Conservative Allocation Fund held for the benefit of the Fund's Trustees in connection with the Trustees Deferred Compensation Plan.

(7)  Fair valued security deemed as Level 3 security.

(8)  Exchange-traded fund.

(9)  Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures contracts, which are valued at the unrealized

      appreciation/depreciation on the instrument.