NPORT-EX 2 mondrian-schedulef.htm SCHEDULE F mondrian-schedulef.htm - Generated by SEC Publisher for SEC Filing
Gallery Trust  Mondrian International Value 
  Equity Fund 
  January 31, 2023 
  (Unaudited) 

SCHEDULE OF INVESTMENTS

COMMON STOCK — 98.9%             
    Number of     Value  
    Shares     (U.S. $)  
AUSTRALIA — 1.5%             
Aurizon Holdings Ltd      4,017,454     $ 10,500,680  
Total Australia              10,500,680  
FRANCE — 8.6%                 
Bouygues SA      369,804       12,182,753  
Cie de Saint-Gobain SA      190,893       10,963,161  
Dassault Aviation SA      41,384       7,066,843  
Kering SA      15,881       9,909,019  
Sanofi SA      209,794       20,543,884  
Total France              60,665,660  
GERMANY — 8.1%                 
Allianz SE      84,329       20,164,152  
Continental AG      158,847       11,153,428  
Evonik Industries AG      535,193       11,896,508  
HeidelbergCement AG      194,911       13,374,238  
Total Germany              56,588,326  
HONG KONG — 5.9%                 
CK Hutchison Holdings Ltd      3,316,000       21,102,864  
Jardine Matheson Holdings Ltd      180,215       9,577,876  
WH Group Ltd      17,707,139       10,905,201  
Total Hong Kong              41,585,941  
ITALY — 7.4%                 
Enel SpA      3,916,762       23,062,270  
Eni SpA      709,428       10,916,801  
Snam SpA      3,542,931       18,045,953  
Total Italy              52,025,024  
JAPAN — 27.5%                 
Coca-Cola Bottlers Japan Holdings Inc      79,300       834,940  
FUJIFILM Holdings Corp      217,000       11,483,897  
Fujitsu Ltd      133,500       19,007,655  
Hitachi Ltd      191,700       10,053,222  
Honda Motor Co Ltd      704,300       17,421,925  

Gallery Trust  Mondrian International Value 
  Equity Fund 
  January 31, 2023 
  (Unaudited) 


COMMON STOCK — continued             
    Number of     Value  
    Shares     (U.S. $)  
JAPAN (continued)             
Kao Corp      101,500     $
4,102,817  
Kyocera Corp      234,400       12,163,345  
MINEBEA MITSUMI      88,500       1,542,794  
Mitsubishi Electric Corp      1,082,500       11,929,967  
Nippon Telegraph & Telephone Corp      471,300       14,132,177  
Otsuka Holdings Co Ltd      102,100       3,275,412  
Secom Co Ltd      157,900       9,407,021  
Sekisui Chemical Co Ltd      814,800       11,413,952  
Sony Corp Group      253,500       22,650,628  
Sumitomo Metal Mining      64,300       2,610,789  
Takeda Pharmaceutical Co Ltd      637,800       20,050,771  
Tokio Marine Holdings Inc      483,156       10,119,564  
Toyota Industries Corp      188,600       11,480,582  
Total Japan              193,681,458  
NETHERLANDS — 2.5%                 
Koninklijke Philips NV      1,025,403       17,703,972  
Total Netherlands              17,703,972  
SINGAPORE — 4.4%                 
Singapore Telecommunications Ltd      4,316,902       8,267,574  
United Overseas Bank Ltd      982,040       22,322,397  
Total Singapore              30,589,971  
SPAIN — 3.3%                 
Banco Santander SA      6,695,984       23,401,963  
Total Spain              23,401,963  
SWEDEN — 1.2%                 
Telia Co AB      3,318,569       8,570,678  
Total Sweden              8,570,678  
SWITZERLAND — 2.9%                 
Novartis AG      224,503       20,297,110  
Total Switzerland              20,297,110  

Gallery Trust  Mondrian International Value 
  Equity Fund 
  January 31, 2023 
  (Unaudited) 


COMMON STOCK — continued             
    Number of     Value  
    Shares     (U.S. $)  
TAIWAN — 0.9%             
Taiwan Semiconductor Manufacturing Co Ltd      363,000     $
6,405,787  
Total Taiwan              6,405,787  
UNITED KINGDOM — 24.7%                 
Associated British Foods PLC      631,719       14,501,225  
BP PLC      3,256,703       19,671,284  
GSK PLC      825,959       14,507,979  
Imperial Brands PLC      702,012       17,610,820  
Kingfisher PLC      4,464,711       15,402,870  
Lloyds Banking Group PLC      34,867,723       22,691,725  
Shell PLC      611,450       17,950,792  
SSE PLC      767,653       16,385,280  
Tesco PLC      5,071,680       15,414,748  
WPP PLC      1,696,586       19,822,438  
Total United Kingdom              173,959,161  
Total Common Stock                 
(Cost $697,284,078) .                 
              695,975,731  
Total Value of Securities — 98.9%                 
(Cost $697,284,078)            $ 695,975,731  

Percentages are based on Net Assets of $703,544,900.

Ltd — Limited
PLC — Public Limited Company

MON-QH-001-1400

Gallery Trust  Mondrian Emerging Markets Value 
  Equity Fund 
  January 31, 2023 
  (Unaudited) 

 SCHEDULE OF INVESTMENTS

COMMON STOCK — 92.2%             
    Number of     Value  
    Shares     (U.S. $)  
BRAZIL — 6.9%             
Hypera SA *      16,000     $
147,162  
Itau Unibanco Holding SA ADR *      32,551       162,104  
Petroleo Brasileiro ADR      40,181       466,100  
Suzano Papel e Celulose SA      46,900       429,152  
Vale ADR Class B      20,207       377,467  
Total Brazil              1,581,985  
CANADA — 2.4%                 
Barrick Gold Corp US      28,521       557,586  
Total Canada              557,586  
CHINA — 36.7%                 
Alibaba Group Holding Ltd *      90,492       1,244,145  
Autohome Inc ADR      13,308       463,917  
Baidu Inc ADR *      3,844       517,710  
China Medical System Holdings Ltd      172,000       296,910  
China Merchants Bank Class A      106,800       654,644  
CSPC Pharmaceutical Group Ltd      273,520       311,868  
Gree Electric Appliances Inc Class A      85,196       437,848  
Jiangsu Yanghe Brewery Joint-Stock Co Ltd                 
Class A 
     12,312       321,185  
LONGi Green Energy Tech Co Ltd Class A *      42,200       302,508  
LONGi Green Energy Technology Class A *      10,500       75,268  
Meituan Class B *      1,200       26,827  
Midea Group Co Ltd Class A      55,103       452,208  
NetEase Inc      23,286       413,143  
Ping An Insurance Group Co of China Ltd Class H      134,500       1,044,756  
Tencent Holdings Ltd      7,300       355,721  
Tingyi Cayman Islands Holding Corp Class H      152,000       252,869  
Wuliangye Yibin Class A      13,700       426,299  
Xinyi Solar Holdings Ltd      308,000       400,697  
Yum China Holdings Inc      1,540       94,879  
Zijin Mining Group Class H      164,000       271,264  
Total China              8,364,666  

Gallery Trust  Mondrian Emerging Markets Value 
  Equity Fund 
  January 31, 2023 
  (Unaudited) 

 

COMMON STOCK — continued             
    Number of     Value  
    Shares     (U.S. $)  
HONG KONG — 1.7%             
WH Group Ltd      628,728     $
387,211  
Total Hong Kong              387,211  
INDIA — 9.6%                 
Axis Bank Inc      39,437       421,492  
HCL Technologies Ltd      18,450       254,418  
Housing Development Finance Corp Ltd      25,407       817,913  
Infosys Ltd Sponsored ADR      9,077       170,648  
Power Grid Corp of India Ltd      104,345       276,905  
Reliance Industries Ltd      8,292       239,203  
Total India              2,180,579  
INDONESIA — 2.7%                 
Bank Rakyat Indonesia Persero Tbk PT      1,998,339       612,827  
Total Indonesia              612,827  
MEXICO — 1.8%                 
Grupo Financiero Banorte SAB de CV Class O      48,050       398,067  
Total Mexico              398,067  
PERU — 2.3%                 
Credicorp Ltd      3,946       529,948  
Total Peru              529,948  
RUSSIA — 0.0%                 
LUKOIL PJSC Sponsored ADR *      6,040       60  
Total Russia              60  
SOUTH KOREA — 9.3%                 
LG Chem Ltd      723       408,063  
Samsung Electronics Co Ltd      5,781       287,953  
Samsung Fire & Marine Insurance Co Ltd      2,262       372,974  
Shinhan Financial Group Co Ltd      15,421       521,452  
SK Hynix Inc      7,332       530,425  
Total South Korea              2,120,867  

Gallery Trust  Mondrian Emerging Markets Value 
  Equity Fund 
  January 31, 2023 
  (Unaudited) 

 

COMMON STOCK — continued             
    Number of     Value  
    Shares     (U.S. $)  
TAIWAN — 15.1%             
CTBC Financial Holding Co Ltd      352,000     $
269,148  
Delta Electronics Inc      32,000       310,319  
Hon Hai Precision Industry Co Ltd      172,000       573,574  
MediaTek Inc      21,000       507,380  
Taiwan Semiconductor Manufacturing Co Ltd      101,000       1,782,327  
Total Taiwan              3,442,748  
UNITED KINGDOM — 3.7%                 
Mondi PLC      17,806       335,783  
Unilever PLC      9,818       498,427  
Total United Kingdom              834,210  
Total Common Stock                 
(Cost $20,641,240)                  
              21,010,754  
                 
PREFERRED STOCK — 6.3%                 
BRAZIL — 1.0%                 
Itausa SA Pref^ *      131,318       220,402  
SOUTH KOREA — 5.3%                 
LG Chem Ltd Pref^      1,222       304,295  
Samsung Electronics Co Ltd^      20,384       914,714  
              1,219,009  
Total Preferred Stock                 
(Cost $1,447,089) .                 
              1,439,411  
Total Value of Securities — 98.5%                 
(Cost $22,088,329)            $ 22,450,165  

Percentages are based on Net Assets of $22,793,649.

*
Non-income producing security.
^
There is currently no rate available.

ADR — American Depositary Receipt

Gallery Trust  Mondrian Emerging Markets Value 
  Equity Fund 
  January 31, 2023 
  (Unaudited) 

Ltd — Limited
PLC — Public Limited Company

MON-QH-001-1400
Gallery Trust  Mondrian International Government 
  Fixed Income Fund 
  January 31, 2023 
  (Unaudited) 

SCHEDULE OF INVESTMENTS

GLOBAL BONDS — 98.2%             
      Face Amount
    Value
 
      (Local Currency)     (U.S. $)
 
AUSTRALIA — 2.2%             
Australia Government Bond             
4.750%, 04/21/27  AUD     159,000     $ 118,854  
3.000%, 03/21/47  AUD     150,000       89,945  
Total Australia              208,799  
AUSTRIA — 3.1%                 
Republic of Austria Government Bond                 
6.250%, 07/15/27  EUR     237,031       296,354  
Total Austria              296,354  
BELGIUM — 0.8%                 
Kingdom of Belgium Government Bond                 
0.400%, 06/22/40 (A)  EUR     102,454       70,806  
Total Belgium              70,806  
CANADA — 2.0%                 
Canadian Government Bond                 
1.000%, 06/01/27  CAD     22,000       15,220  
0.500%, 12/01/30  CAD     281,000       176,002  
Total Canada              191,222  
CHILE — 0.9%                 
Chile Government International Bond                 
0.830%, 07/02/31  EUR     104,000       89,320  
Total Chile              89,320  
FINLAND — 4.6%                 
Finland Government Bond                 
0.500%, 09/15/27 (A)  EUR     440,000       434,896  
Total Finland              434,896  

Gallery Trust  Mondrian International Government 
  Fixed Income Fund 
  January 31, 2023 
  (Unaudited) 

 

GLOBAL BONDS — continued             
     Face Amount
    Value
 
     (Local Currency)
    (U.S. $)
 
FRANCE — 4.6%             
French Republic Government Bond OAT             
1.500%, 05/25/31  EUR     440,000     $ 439,536  
Total France              439,536  
GERMANY — 5.4%                 
Bundesrepublik Deutschland Bundesanleihe                 
2.500%, 07/04/44  EUR     88,500       99,608  
Deutsche Bahn Finance GMBH                 
1.375%, 03/03/34  EUR     125,000       109,659  
Kreditanstalt fuer Wiederaufbau                 
2.050%, 02/16/26  JPY     37,000,000       299,969  
Total Germany              509,236  
ITALY — 9.8%                 
Enel Finance International                 
0.875%, 06/17/36  EUR     100,000       71,386  
Italy Buoni Poliennali Del Tesoro                 
2.950%, 09/01/38 (A)  EUR     550,000       506,330  
2.000%, 02/01/28  EUR     347,000       350,949  
Total Italy              928,665  
JAPAN — 19.3%                 
Japan Government Ten Year Bond                 
0.600%, 06/20/24  JPY     18,750,000       145,283  
 0.100%, 06/20/26
JPY
     56,050,000
      431,447
 
Japan Government Thirty Year Bond                 
1.700%, 03/20/44  JPY     31,000,000       249,674  
0.300%, 06/20/46  JPY     57,000,000       334,656  
Japan Government Twenty Year Bond                 
0.200%, 06/20/36
JPY
  78,600,000
      545,161
 
Sumitomo Mitsui Trust Bank                 
0.010%, 10/15/27  EUR     129,000       119,490  
Total Japan              1,825,711  


Gallery Trust  Mondrian International Government 
  Fixed Income Fund 
  January 31, 2023 
  (Unaudited) 

 

GLOBAL BONDS — continued             
     Face Amount
    Value
 
     (Local Currency)     (U.S. $)  
MALAYSIA — 2.2%         
 
Malaysia Government Bond             
4.181%, 07/15/24  MYR     90,000     $ 21,395  
3.882%, 03/14/25  MYR     773,000       182,934  
Total Malaysia              204,329  
MEXICO — 4.9%                 
Mexican Bonos                 
8.000%, 11/07/47  MXN     9,500,000       464,781  
Total Mexico              464,781  
NETHERLANDS — 4.7%                 
Netherlands Government Bond                 
2.750%, 01/15/47 (A)  EUR     250,000       285,680  
0.500%, 01/15/40 (A)  EUR     205,000       159,686  
Total Netherlands              445,366  
NEW ZEALAND — 2.2%                 
New Zealand Government Bond                 
2.000%, 05/15/32  NZD     385,000       208,503  
Total New Zealand              208,503  
NORWAY — 2.4%                 
Equinor                 
1.625%, 02/17/35  EUR     126,000       112,186  
Kommunalbanken                 
0.050%, 10/24/29  EUR     131,000       117,504  
Total Norway              229,690  
POLAND — 1.1%                 
Republic of Poland Government Bond                 
2.500%, 07/25/26  PLN     525,000       107,911  
Total Poland              107,911  

Gallery Trust  Mondrian International Government 
  Fixed Income Fund 
  January 31, 2023 
  (Unaudited) 

 

GLOBAL BONDS — continued            
       Face Amount      Value  

   (Local Currency)      (U.S. $)  
SOUTH KOREA  — 2.0%
         
Korea Treasury Bond 
            
1.250%, 09/10/23 
 KRW   240,280,000     $ 192,494  
Total South Korea              192,494  
SUPRANATIONAL — 14.9%                 
Asian Development Bank 
                
2.350%, 06/21/27 
 JPY   50,000,000       419,460  
European Financial Stability Facility 
                
0.950%, 02/14/28 
 EUR 
        457,000
      453,358  
European Investment Bank 
                
2.150%, 01/18/27 
 JPY
  65,500,000       542,034  
Total Supranational              1,414,852  
SWEDEN — 1.3%                 
Svenska Handelsbanken 
                
0.050%, 09/06/28 
 EUR 
  133,000
      119,808  
Total Sweden              119,808  
SWITZERLAND — 3.1%                 
Swiss Confederation Government Bond 
                
1.500%, 07/24/25 
 CHF 
  52,000
      57,358  
1.250%, 06/11/24 
 CHF 
  212,000
      232,007  
Total Switzerland              289,365  
UNITED KINGDOM — 5.7%                 
United Kingdom Gilt 
                
4.250%, 09/07/39 
 GBP 
  202,000
      264,112  
1.500%, 07/22/47 
 GBP   125,000
      98,460  
1.250%, 10/22/41 
 GBP   113,000
      92,492  
0.375%, 10/22/26 
 GBP   76,163
      84,409  







539,473

Gallery Trust  Mondrian International Government 
  Fixed Income Fund 
  January 31, 2023 
  (Unaudited) 

 

GLOBAL BONDS — continued               
    Face Amount      Value  
    (Local Currency)      (U.S. $)  
UNITED STATES — 1.0%               
Wells Fargo               
1.741%, 05/04/30 (B)  EUR
    100,000
    $
94,596  
Total United States              94,596  
Total Global Bonds                 
(Cost $10,769,540)                9,305,713  
             
 
Total Value of Securities — 98.2%                 
(Cost $10,769,540)            $ 9,305,713  

A list of the open forward foreign currency exchange contracts held by the Fund at January 31, 2023, is as follows:

                    Unrealized  
  Maturity      Currency to     Currency to     Appreciation  
Counterparty  Date      Deliver     Receive     (Depreciation)  
Brown Brothers Harriman  04/28/23      USD
49,969     MXN
955,000
     $ (45 )
Brown Brothers Harriman  04/28/23      EUR
55,000     USD
60,040       (71 )
Brown Brothers Harriman  04/28/23      USD
655,919     EUR
599,500       (713 )
Brown Brothers Harriman  04/28/23      USD
120,825     GBP
97,500       (400 )
Brown Brothers Harriman  04/28/23      USD
93,404     HUF
34,179,500       (903 )
Brown Brothers Harriman  04/28/23      NZD
163,500     USD
106,014       293  
Brown Brothers Harriman  04/28/23      MXN
9,710,500     USD
509,072       1,449  
Brown Brothers Harriman  04/28/23      CAD
254,000     USD
190,815       (222 )
Net Unrealized Appreciation (Depreciation) on Forward Foreign
Currency Exchange Contracts 
            
      $ (612 )

Percentages are based on Net Assets of $9,475,554.

(A)
Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other "accredited investors." The total value of securities as of January 31, 2023, was $1,457,398 and represents 15.4% of Net Assets.
(B)
Variable rate security - Rate disclosed is the rate in effect on January 31, 2023.

AUD — Australian Dollar
CAD —Canadian Dollar
CHF —Swiss Franc
EUR — Euro
GBP —Pound Sterling

Gallery Trust  Mondrian International Government 
  Fixed Income Fund 
  January 31, 2023 
  (Unaudited) 

HUF —Hungarian Forint
JPY —Japanese Yen
KRW —South Korean Won
MXN —Mexican Peso
MYR —Malaysian Ringgit
NZD —New Zealand Dollar
OAT — Obligations Assimilables du Trésor
PLN —Polish Zloty
USD —United States Dollar

MON-QH-001-1400

Gallery Trust  Mondrian Global Listed 
  Infrastructure Fund 
  January 31, 2023 
  (Unaudited) 

SCHEDULE OF INVESTMENTS

COMMON STOCK — 98.5%             
    Number of     Value  
    Shares     (U.S. $)  
AUSTRALIA — 4.0%             
Aurizon Holdings Ltd      27,415     $ 71,656  
Total Australia              71,656  
CANADA — 7.3%                 
Enbridge Inc      1,487       60,886  
TC Energy      1,640       70,663  
Total Canada              131,549  
CHILE — 3.9%                 
Enel Americas SA      526,148       69,655  
Total Chile              69,655  
CHINA — 8.2%                 
Guangdong Investment Ltd      68,000       73,877  
Jiangsu Expressway Co Ltd Class H      74,000       72,881  
Total China              146,758  
FRANCE — 12.2%                 
Eiffage SA      735       78,506  
Rubis SCA      2,621       73,349  
Veolia Environnement SA      2,223       65,984  
Total France              217,839  
INDIA — 3.3%                 
Power Grid Corp of India Ltd      22,362       59,343  
Total India              59,343  
ITALY — 8.0%                 
Enel SpA      13,620       80,196  
Snam SpA      12,400       63,159  
Total Italy              143,355  

Gallery Trust  Mondrian Global Listed 
  Infrastructure Fund 
  January 31, 2023 
  (Unaudited) 

 

COMMON STOCK — continued             
    Number of     Value  
    Shares     (U.S. $)  
MALAYSIA — 4.1%             
Westports Holdings      82,400     $ 72,970  
Total Malaysia              72,970  
MEXICO — 7.1%                 
Aeroportuario Centro Norte SAB de CV Class B      4,412       40,309  
Promotora y Operadora de Infraestructura SAB de                 
CV 
     8,876       86,627  
Total Mexico              126,936  
PORTUGAL — 4.1%                 
EDP - Energias de Portugal SA      14,678       72,924  
Total Portugal              72,924  
SPAIN — 8.2%                 
Iberdrola SA      6,894       80,879  
Red Electrica Corp SA      3,741       66,211  
Total Spain              147,090  
UNITED KINGDOM — 3.2%                 
SSE PLC      2,678       57,161  
Total United Kingdom              57,161  
UNITED STATES — 24.9%                 
Health Care — 4.1%                 
HCA Healthcare Inc      284       72,440  
Industrials — 6.6%                 
CSX Corp      1,852       57,264  
Norfolk Southern      249       61,206  
              118,470  
Real Estate — 2.8%                 
American Tower REIT      228       50,933  
Utilities — 11.4%                 
Edison International      1,088       74,963  
Eversource Energy      829       68,252  

Gallery Trust  Mondrian Global Listed 
  Infrastructure Fund 
  January 31, 2023 
  (Unaudited) 

 

COMMON STOCK — continued             
    Number of     Value  
    Shares     (U.S. $)  
UNITED STATES (continued)             
Utilities (continued)             
PPL Corporation      2,066     $ 61,154  
              204,369  
Total United States              446,212  
Total Common Stock                 
(Cost $1,690,076)                  
              1,763,448  
                 
RIGHTS — 0.1%                 
Iberdrola (A)(B)      6,894       1,409  
Total Rights                 
(Cost $–) .                 
              1,409  
Total Value of Securities — 98.6%                 
(Cost $1,690,076)            $ 1,764,857  

Percentages are based on Net Assets of $1,789,031.

(A)
Expiration date is unavailable.
(B)
Strike price is unavailable.

Ltd — Limited
PLC — Public Limited Company
REIT — Real Estate Investment Trust

MON-QH-001-1400

Gallery Trust  Mondrian Global Equity 
  Value Fund 
  January 31, 2023 
  (Unaudited) 

SCHEDULE OF INVESTMENTS

COMMON STOCK — 97.3%             
    Number of     Value  
    Shares     (U.S. $)  
BRAZIL — 0.9%             
Hypera SA      135,100     $ 1,242,602  
Total Brazil              1,242,602  
CANADA — 0.9%                 
TC Energy      28,204       1,215,238  
Total Canada              1,215,238  
CHINA — 4.4%                 
Alibaba Group Holding Ltd *      144,300       1,983,934  
Autohome Inc ADR      30,871       1,076,163  
Midea Group Co Ltd Class A      184,555       1,514,568  
Ping An Insurance Group Co of China Ltd Class H      193,000       1,499,166  
Total China              6,073,831  
FRANCE — 3.4%                 
Sanofi SA      32,262       3,159,226  
Thales SA      11,624       1,537,376  
Total France              4,696,602  
GERMANY — 1.1%                 
Continental AG      20,619       1,447,761  
Total Germany              1,447,761  
HONG KONG — 1.1%                 
WH Group Ltd      2,506,957       1,543,946  
Total Hong Kong              1,543,946  
INDIA — 1.5%                 
Housing Development Finance Corp Ltd      64,785       2,085,587  
Total India              2,085,587  
ITALY — 4.0%                 
Enel SpA      683,330       4,023,512  

Gallery Trust  Mondrian Global Equity 
  Value Fund 
  January 31, 2023 
  (Unaudited) 

 

COMMON STOCK — continued             
    Number of     Value  
    Shares     (U.S. $)  
ITALY (continued)             
Snam SpA      284,878     $ 1,451,029  
Total Italy              5,474,541  
JAPAN — 17.7%                 
Fujitsu Ltd      23,200       3,303,203  
Hitachi Ltd      58,100       3,046,908  
Matsukiyococokara & Co      34,900       1,740,964  
Mitsubishi Electric Corp      108,900       1,200,160  
SCSK Corp      119,700       1,949,605  
Sekisui Chemical Co Ltd      130,700       1,830,883  
Sony Corp Group      44,400       3,967,212  
Sumitomo Metal Mining      9,600       389,791  
Sundrug Co Ltd      133,200       3,768,671  
Toyota Industries Corp      53,300       3,244,512  
Total Japan              24,441,909  
NETHERLANDS — 1.9%                 
Koninklijke Philips NV      149,528       2,581,658  
Total Netherlands              2,581,658  
PERU — 0.8%                 
Credicorp Ltd      8,159       1,095,754  
Total Peru              1,095,754  
SOUTH KOREA — 1.2%                 
LG Chem Ltd      2,947       1,663,296  
Total South Korea              1,663,296  
TAIWAN — 1.5%                 
Taiwan Semiconductor Manufacturing Co Ltd      116,000       2,047,028  
Total Taiwan              2,047,028  
UNITED KINGDOM — 9.3%                 
Associated British Foods PLC      117,988       2,708,436  
GSK PLC      105,698       1,856,586  
Imperial Brands PLC      48,316       1,212,065  
Lloyds Banking Group PLC      5,666,317       3,687,609  

Gallery Trust  Mondrian Global Equity 
  Value Fund 
  January 31, 2023 
  (Unaudited) 

 

COMMON STOCK — continued             
    Number of     Value  
    Shares     (U.S. $)  
UNITED KINGDOM (continued)             
Unilever PLC      65,287     $ 3,314,404  
Total United Kingdom              12,779,100  
UNITED STATES — 47.6%                 
Communication Services — 2.4%                 
Meta Platforms Inc Class A *      22,234       3,312,199  
Consumer Discretionary — 1.9%                 
Amazon.com *      24,898       2,567,731  
Consumer Staples — 5.0%                 
Colgate-Palmolive      41,595       3,100,075  
Walmart Inc      26,981       3,881,756  
              6,981,831  
Energy — 2.1%                 
Exxon Mobil Corp      24,924       2,891,433  
Financials — 9.1%                 
Berkshire Hathaway Class B *      10,348       3,223,609  
Pinnacle Financial Partners      34,648       2,727,837  
S&P Global Inc      6,450       2,418,363  
Wells Fargo & Co      88,397       4,143,168  
              12,512,977  
Health Care — 11.2%                 
AbbVie Inc      21,923       3,239,123  
Centene Corp *      36,266       2,764,920  
HCA Healthcare Inc      12,724       3,245,511  
Johnson & Johnson      18,739       3,062,327  
Laboratory Corp of America Holdings      13,442       3,388,998  
              15,700,879  
Industrials — 2.2%                 
Stericycle Inc *      56,214       3,024,875  
Information Technology — 10.2%                 
Dell Technologies Inc Class C      70,794       2,875,652  
Maximus Inc      26,207       1,961,594  
Micron Technology Inc      40,664       2,452,039  

Gallery Trust  Mondrian Global Equity 
  Value Fund 
  January 31, 2023 
  (Unaudited) 

 

COMMON STOCK — continued             
    Number of     Value  
    Shares     (U.S. $)  
UNITED STATES (continued)             
Information Technology (continued)             
Microsoft Corp      16,971     $
4,205,584  
Visa Inc Class A      10,515       2,420,659  
              13,915,528  
Materials — 1.6%                 
DuPont de Nemours      30,408       2,248,672  
Real Estate — 1.9%                 
American Tower REIT      11,739       2,622,375  
Total United States              65,778,500  
Total Common Stock                 
(Cost $130,957,661)                134,167,353  
             
 
PREFERRED STOCK — 1.4%                 
SOUTH KOREA — 1.4%                 
Samsung Electronics Co Ltd**      41,822       1,876,724  
Total Preferred Stock                 
(Cost $2,026,457) .                 
              1,876,724  
Total Value of Securities — 98.7%                 
(Cost $132,984,118)            $ 136,044,077  

Percentages are based on Net Assets of $137,869,367.

*
Non-income producing security.
**
There is currently no rate available.

ADR — American Depositary Receipt
Ltd — Limited
PLC — Public Limited Company
REIT — Real Estate Investment Trust

MON-QH-001-1400