0001752724-21-042971.txt : 20210226 0001752724-21-042971.hdr.sgml : 20210226 20210226120948 ACCESSION NUMBER: 0001752724-21-042971 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20201231 FILED AS OF DATE: 20210226 PERIOD START: 20210930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TETON WESTWOOD FUNDS CENTRAL INDEX KEY: 0000796229 IRS NUMBER: 133625130 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-04719 FILM NUMBER: 21685932 BUSINESS ADDRESS: STREET 1: ONE CORPORATE CENTER CITY: RYE STATE: NY ZIP: 10580 BUSINESS PHONE: 8004223554 MAIL ADDRESS: STREET 1: ONE CORPORATE CENTER CITY: RYE STATE: NY ZIP: 10580 FORMER COMPANY: FORMER CONFORMED NAME: GAMCO WESTWOOD FUNDS DATE OF NAME CHANGE: 20091130 FORMER COMPANY: FORMER CONFORMED NAME: WESTWOOD FUNDS DATE OF NAME CHANGE: 20060621 FORMER COMPANY: FORMER CONFORMED NAME: GABELLI WESTWOOD FUNDS DATE OF NAME CHANGE: 19980304 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336455.00000000 NS USD 33645.50000000 0.005177167592 Long EC CORP IN N 1 N N N MDC Partners Inc 529900SR4J92B5C43M74 MDC Partners Inc 552697104 36000.00000000 NS USD 90360.00000000 0.013904054440 Long EC CORP US N 1 N N N Bridgford Foods Corp N/A Bridgford Foods Corp 108763103 1900.00000000 NS USD 34618.00000000 0.005326810055 Long EC CORP US N 1 N N N GTY Technology Holdings Inc N/A GTY Technology Holdings Inc 362409104 64348.00000000 NS USD 333322.64000000 0.051289687170 Long EC CORP US N 1 N N N Capital City Bank Group Inc 254900NVLVUJQZKTQE82 Capital City Bank Group Inc 139674105 81800.00000000 NS USD 2010644.00000000 0.309385830409 Long EC CORP US N 1 N N N InfuSystem Holdings Inc N/A InfuSystem Holdings Inc 45685K102 183258.00000000 NS USD 3441585.24000000 0.529570479609 Long EC CORP US N 1 N N N Waterstone Financial Inc 5493002KM21XRC2DCQ02 Waterstone Financial Inc 94188P101 74800.00000000 NS USD 1407736.00000000 0.216613966151 Long EC CORP US N 1 N N N Tennant Co JYAIRLT8DVP6DP8UT336 Tennant Co 880345103 22650.00000000 NS USD 1589350.50000000 0.244559715322 Long EC CORP US N 1 N N N PetIQ Inc 549300GROACFGKVYOX14 PetIQ Inc 71639T106 300.00000000 NS USD 11535.00000000 0.001774936564 Long EC CORP US N 1 N N N Option Care Health Warrants Class B N/A Option Care Health Warrants Class B 000000000 2184.25000000 NS USD 1898.21000000 0.000292085161 Long EC CORP US N 2 N N N Standard Motor Products Inc THGK1EO5B5HK0JHQVZ90 Standard Motor Products Inc 853666105 47528.00000000 NS USD 1922982.88000000 0.295897063424 Long EC CORP US N 1 N N N Trinity Place Holdings Inc N/A Trinity Place Holdings Inc 89656D101 533000.00000000 NS USD 666250.00000000 0.102518551026 Long EC CORP US N 1 N N N Pzena Investment Management In 77FR8E97WY61TIP8ID10 Pzena Investment Management Inc 74731Q103 146000.00000000 NS USD 1065800.00000000 0.163998906843 Long EC CORP US N 1 N N N Gorman-Rupp Co/The N/A Gorman-Rupp Co/The 383082104 83000.00000000 NS USD 2693350.00000000 0.414436531944 Long EC CORP US N 1 N N N Utah Medical Products Inc 5493002R27BBGV8DID60 Utah Medical Products Inc 917488108 1200.00000000 NS USD 101160.00000000 0.015565893616 Long EC CORP US N 1 N N N Diebold Nixdorf Inc 549300XZK6EWDBAZSY16 Diebold Nixdorf Inc 253651103 360701.00000000 NS USD 3845072.66000000 0.591656701982 Long EC CORP US N 1 N N N Lithia Motors Inc SE8N1EZEHPZQBCBVKD53 Lithia Motors Inc 536797103 700.00000000 NS USD 204869.00000000 0.031524012052 Long EC CORP US N 1 N N N Maezawa Kyuso Industries Co Lt N/A Maezawa Kyuso Industries Co Ltd 000000000 17100.00000000 NS 383385.79000000 0.058993104202 Long EC CORP JP N 1 N N N OceanFirst Financial Corp N/A OceanFirst Financial Corp 675234108 19390.00000000 NS USD 361235.70000000 0.055584781303 Long EC CORP US N 1 N N N Allied Motion Technologies Inc 549300I2LHAWYGNBPM97 Allied Motion Technologies Inc 019330109 89040.00000000 NS USD 4549944.00000000 0.700118072994 Long EC CORP US N 1 N N N Jungheinrich AG 529900PHZORTU6FSXE73 Jungheinrich AG 000000000 20300.00000000 NS 907661.52000000 0.139665506721 Long EP CORP DE N 1 N N N Omnicell Inc 5493008RH0GTKHHPZI77 Omnicell Inc 68213N109 26500.00000000 NS USD 3180530.00000000 0.489400866187 Long EC CORP US N 1 N N N Northrim BanCorp Inc 5493006X7RLLTZ3SG075 Northrim BanCorp Inc 666762109 4197.00000000 NS USD 142488.15000000 0.021925221278 Long EC CORP US N 1 N N N Methode Electronics Inc 529900VM413LGLUS3F07 Methode Electronics Inc 591520200 20800.00000000 NS USD 796224.00000000 0.122518170015 Long EC CORP US N 1 N N N Kimball Electronics Inc 549300COBYN2GZCBIU87 Kimball Electronics Inc 49428J109 44000.00000000 NS USD 703560.00000000 0.108259589884 Long EC CORP US N 1 N N N Cardiovascular Systems Inc 549300NUBWKJMNMQ3287 Cardiovascular Systems Inc 141619106 101660.00000000 NS USD 4448641.60000000 0.684530267721 Long EC CORP US N 1 N N N OPKO Health Inc 529900A4S2D4OGOJLL02 OPKO Health Inc 68375N103 220000.00000000 NS USD 869000.00000000 0.133716504078 Long EC CORP US N 1 N N N PlayAGS Inc N/A PlayAGS Inc 72814N104 86000.00000000 NS USD 619200.00000000 0.095278779430 Long EC CORP US N 1 N N N Trans-Lux Corp 5493008JY5051036PN38 Trans-Lux Corp 893247304 2310000.00000000 NS USD 415800.00000000 0.063980808280 Long EC CORP US Y 1 N N N Dawson Geophysical Co 549300R9G1EAMSMLXR09 Dawson Geophysical Co 239360100 24000.00000000 NS USD 50880.00000000 0.007829109007 Long EC CORP US N 1 N N N Entercom Communications Corp N/A Entercom Communications Corp 293639100 10160.00000000 NS USD 25095.20000000 0.003861498749 Long EC CORP US N 1 N N N Nobility Homes Inc N/A Nobility Homes Inc 654892108 175250.00000000 NS USD 4359343.75000000 0.670789650547 Long EC CORP US N 2 N N N Elanco Animal Health CVR N/A Elanco Animal Health CVR 000000000 40000.00000000 NS USD 400.00000000 0.000061549599 Long EC CORP US N 3 N N N Gray Television Inc 529900TM5726KDN7UU35 Gray Television Inc 389375106 241120.00000000 NS USD 4313636.80000000 0.663756539424 Long EC CORP US N 1 N N N MEDIA GENERAL CVR N/A MEDIA GENERAL 000000000 550000.00000000 NS USD 0.55000000 0.000000084630 Long EC CORP US N 3 N N N Churchill Downs Inc 529900FODTBQC8MIS994 Churchill Downs Inc 171484108 7700.00000000 NS USD 1499883.00000000 0.230792993425 Long EC CORP US N 1 N N N Dime Community Bancshares Inc N/A Dime Community Bancshares Inc 253922108 32580.00000000 NS USD 513786.60000000 0.079058398152 Long EC CORP US N 1 N N N Johnson Outdoors Inc N/A Johnson Outdoors Inc 479167108 5000.00000000 NS USD 563150.00000000 0.086654141854 Long EC CORP US N 1 N N N Ducommun Inc 549300Z71HMWF90S2214 Ducommun Inc 264147109 182040.00000000 NS USD 9775548.00000000 1.504202651335 Long EC CORP US N 1 N N N AmBase Corp N/A AmBase Corp 023164106 120000.00000000 NS USD 38400.00000000 0.005908761515 Long EC CORP US N 1 N N N J G Boswell Co 549300F07JHRNLXLEC77 J G Boswell Co 101205102 215.00000000 NS USD 126592.00000000 0.019479217128 Long EC CORP US N 1 N N N Meridian Bioscience Inc 549300ELSRZEFFFRX195 Meridian Bioscience Inc 589584101 23500.00000000 NS USD 439215.00000000 0.067583767938 Long EC CORP US N 1 N N N Medallion Financial Corp 549300FJ4FMGJ2C34Y48 Medallion Financial Corp 583928106 110000.00000000 NS USD 539000.00000000 0.082938084808 Long EC CORP US N 1 N N N Intevac Inc N/A Intevac Inc 461148108 155030.00000000 NS USD 1117766.30000000 0.171995169174 Long EC CORP US N 1 N N N Surmodics Inc 549300H76KXCAAGUS878 Surmodics Inc 868873100 77434.00000000 NS USD 3369927.68000000 0.518544244380 Long EC CORP US N 1 N N N Stamps.com Inc 5299008VAXLEGU4Y4038 Stamps.com Inc 852857200 500.00000000 NS USD 98095.00000000 0.015094269813 Long EC CORP US N 1 N N N Navigator Holdings Ltd 213800H7RVOFYARK2W19 Navigator Holdings Ltd 000000000 66000.00000000 NS USD 722700.00000000 0.111204738201 Long EC CORP US N 1 N N N Sandy Spring Bancorp Inc N/A Sandy Spring Bancorp Inc 800363103 27000.00000000 NS USD 869130.00000000 0.133736507698 Long EC CORP US N 1 N N N South State Corp 549300JZUANXM0YQ4W53 South State Corp 840441109 13000.00000000 NS USD 939900.00000000 0.144626170521 Long EC CORP US N 1 N N N Innovative Solutions and Suppo N/A Innovative Solutions and Support Inc 45769N105 106000.00000000 NS USD 691120.00000000 0.106345397351 Long EC CORP US N 1 N N N Cohen & Steers Inc 549300XXIA338A0X2K65 Cohen & Steers Inc 19247A100 5040.00000000 NS USD 374472.00000000 0.057621503699 Long EC CORP US N 1 N N N Griffin Industrial Realty Inc 549300R8UPDF52PO7C86 Griffin Industrial Realty Inc 398231100 244150.00000000 NS USD 15259375.00000000 2.348021035007 Long EC CORP US N 1 N N N Bowlin Travel Centers Inc N/A Bowlin Travel Centers Inc 10259P101 66000.00000000 NS USD 168300.00000000 0.025896993827 Long EC CORP US N 2 N N N Neogen Corp 549300HJT9FC36N4UW43 Neogen Corp 640491106 110000.00000000 NS USD 8723000.00000000 1.342242882711 Long EC CORP US N 1 N N N Callaway Golf Co 5493005UB0KFRKBPCU72 Callaway Golf Co 131193104 24000.00000000 NS USD 576240.00000000 0.088668352485 Long EC CORP US N 1 N N N PetMed Express Inc 529900PGHW5ASJ1AZL48 PetMed Express Inc 716382106 1000.00000000 NS USD 32060.00000000 0.004933200369 Long EC CORP US N 1 N N N Middleby Corp/The JDFO86U9VQRBKW5KYA35 Middleby Corp/The 596278101 27010.00000000 NS USD 3482129.20000000 0.535809140820 Long EC CORP US N 1 N N N Graham Corp N/A Graham Corp 384556106 36000.00000000 NS USD 546480.00000000 0.084089062311 Long EC CORP US N 1 N N N RGC Resources Inc N/A RGC Resources Inc 74955L103 54310.00000000 NS USD 1291491.80000000 0.198727006377 Long EC CORP US N 1 N N N Berkshire Hills Bancorp Inc 549300AS2OC6UMMBNO37 Berkshire Hills Bancorp Inc 084680107 11275.00000000 NS USD 193028.00000000 0.029701990045 Long EC CORP US N 1 N N N Legacy Housing Corp N/A Legacy Housing Corp 52472M101 67700.00000000 NS USD 1022947.00000000 0.157404944415 Long EC CORP US N 1 N N N Golden Entertainment Inc 549300P8YYCKQVJ0Y638 Golden Entertainment Inc 381013101 605210.00000000 NS USD 12037626.90000000 1.852277774992 Long EC CORP US N 1 N N N Richmond Mutual BanCorp Inc N/A Richmond Mutual BanCorp Inc 76525P100 4000.00000000 NS USD 54640.00000000 0.008407675239 Long EC CORP US N 1 N N N TransAct Technologies Inc N/A TransAct Technologies Inc 892918103 33000.00000000 NS USD 234300.00000000 0.036052677681 Long EC CORP US N 1 N N N Capitol Federal Financial Inc N/A Capitol Federal Financial Inc 14057J101 8000.00000000 NS USD 100000.00000000 0.015387399778 Long EC CORP US N 1 N N N 2021-02-18 Teton Westwood Funds John C. Ball John C. Ball Treasurer XXXX NPORT-EX 2 GB06TETONWestWMMFd.htm HTML

TETON Westwood Mighty Mites Fund

Schedule of Investments — December 31, 2020 (Unaudited)

 

Shares

          Market
Value
 
  

COMMON STOCKS — 96.8%

  
  

Aerospace and Defense — 7.5%

  
  785,140     

Aerojet Rocketdyne Holdings Inc.†

   $ 41,494,649  
  89,040     

Allied Motion Technologies Inc.

     4,549,944  
  86,000     

Avio SpA†

     1,191,402  
  106,000     

Innovative Solutions and Support Inc.

     691,120  
  7,000     

Kratos Defense & Security Solutions Inc.†

     192,010  
  69,000     

Park Aerospace Corp.

     925,290  
     

 

 

 
        49,044,415  
     

 

 

 
  

Agriculture — 0.8%

  
  215     

J.G. Boswell Co.

     126,592  
  223,000     

Limoneira Co.

     3,712,950  
  470,000     

S&W Seed Co.†

     1,377,100  
     

 

 

 
        5,216,642  
     

 

 

 
  

Airlines — 0.0%

  
  225,000     

American Airlines Group Inc., Escrow†

     6,750  
     

 

 

 
  

Automotive — 1.3%

  
  700     

Lithia Motors Inc., Cl. A

     204,869  
  5,000     

Navistar International Corp.†

     219,800  
  44,407     

Rush Enterprises Inc., Cl. A

     1,839,338  
  112,007     

Rush Enterprises Inc., Cl. B

     4,243,945  
  22,000     

Sonic Automotive Inc., Cl. A

     848,540  
  67,000     

Wabash National Corp.

     1,154,410  
     

 

 

 
        8,510,902  
     

 

 

 
  

Automotive: Parts and Accessories — 1.8%

  
  49,000     

Dana Inc.

     956,480  
  12,190     

Gentherm Inc.†

     795,032  
  176,000     

Modine Manufacturing Co.†

     2,210,560  
  18,000     

Motorcar Parts of America Inc.†

     353,160  
  80,000     

Puradyn Filter Technologies Inc.†

     640  
  47,528     

Standard Motor Products Inc.

     1,922,983  
  103,910     

Strattec Security Corp.

     5,128,998  
  20,500     

Titan International Inc.

     99,630  
     

 

 

 
        11,467,483  
     

 

 

 
  

Aviation: Parts and Services — 3.0%

  
  88,290     

Astronics Corp.†

     1,168,077  
  23,896     

Astronics Corp., Cl. B†

     317,160  
  182,040     

Ducommun Inc.†

     9,775,548  
  140,200     

Kaman Corp.

     8,009,626  
     

 

 

 
        19,270,411  
     

 

 

 
  

Broadcasting — 1.3%

  
  500,000     

Beasley Broadcast Group Inc., Cl. A

     745,000  
  336,455     

Dish TV India Ltd., GDR†

     33,645  
  10,160     

Entercom Communications Corp., Cl. A

     25,095  
  241,120     

Gray Television Inc.†

     4,313,637  
  86,293     

Gray Television Inc., Cl. A†

     1,441,965  
  32,000     

Sinclair Broadcast Group Inc., Cl. A

     1,019,200  
  153,000     

Townsquare Media Inc., Cl. A

     1,018,980  
     

 

 

 
        8,597,522  
     

 

 

 
  

Building and Construction — 2.9%

  
  100,000     

Gibraltar Industries Inc.†

     7,194,000  
  5,500     

Granite Construction Inc.

     146,905  
  7,000     

Herc Holdings Inc.†

     464,870  
  418,000     

Huttig Building Products Inc.†

     1,534,060  
  68,000     

MYR Group Inc.†

     4,086,800  
  80,770     

The Monarch Cement Co.

     5,605,438  
     

 

 

 
        19,032,073  
     

 

 

 
  

Business Services — 3.0%

  
  360,701     

Diebold Nixdorf Inc.†

     3,845,073  
  3,700     

Du-Art Film Laboratories Inc.†

     281,663  
  174,172     

GP Strategies Corp.†

     2,065,680  
  14,500     

IAA Inc.†

     942,210  
  23,300     

ICF International Inc.

     1,731,889  
  32,029     

KAR Auction Services Inc.

     596,060  

Shares

          Market
Value
 
  5,000     

Macquarie Infrastructure Corp.

   $ 187,750  
  36,000     

MDC Partners Inc., Cl. A†

     90,360  
  120,000     

MoneyGram International Inc.†

     655,800  
  218,129     

PFSweb Inc.†

     1,468,008  
  500     

Stamps.com Inc.†

     98,095  
  62,000     

Team Inc.†

     675,800  
  2,310,000     

Trans-Lux Corp.†(a)

     415,800  
  53,160     

Viad Corp.

     1,922,797  
  103,169     

Willdan Group Inc.†

     4,302,147  
     

 

 

 
        19,279,132  
     

 

 

 
  

Communications — 0.3%

  
  101,000     

Comtech Telecommunications Corp.

     2,089,690  
     

 

 

 
  

Communications Equipment — 0.5%

  
  347,000     

Communications Systems Inc.

     1,585,790  
  201,950     

Extreme Networks Inc.†

     1,391,435  
     

 

 

 
        2,977,225  
     

 

 

 
  

Computer Software and Services — 3.1%

  
  742,821     

Alithya Group Inc., Cl. A†

     1,559,924  
  180,380     

American Software Inc., Cl. A

     3,097,125  
  248,000     

Avid Technology Inc.†

     3,935,760  
  35,000     

Cardlytics Inc.†

     4,996,950  
  45,000     

DHI Group Inc.†

     99,900  
  160,620     

Digi International Inc.†

     3,035,718  
  10,000     

iGO Inc.†

     29,000  
  10,000     

Materialise NV, ADR†

     542,100  
  137,000     

Mitek Systems Inc.†

     2,435,860  
  1,000     

Tyler Technologies Inc.†

     436,520  
     

 

 

 
        20,168,857  
     

 

 

 
  

Consumer Products — 2.8%

  
  84,000     

Acme United Corp.

     2,530,920  
  66,000     

Bassett Furniture Industries Inc.

     1,325,280  
  24,000     

Callaway Golf Co.

     576,240  
  475,000     

Goodbaby International Holdings Ltd.†

     64,335  
  5,000     

Johnson Outdoors Inc., Cl. A

     563,150  
  240,175     

Lifetime Brands Inc.

     3,650,660  
  425,000     

Marine Products Corp.

     6,179,500  
  45,000     

MarineMax Inc.†

     1,576,350  
  34,300     

Oil-Dri Corp. of America

     1,168,944  
  5,700     

PC Group Inc.†

     46  
  2,300,000     

Playmates Holdings Ltd.

     269,979  
  30,000     

ZAGG Inc.†

     125,100  
     

 

 

 
        18,030,504  
     

 

 

 
  

Consumer Services — 0.9%

  
  117,000     

1-800-Flowers.com Inc., Cl. A†

     3,042,000  
  66,000     

Bowlin Travel Centers Inc.†

     168,300  
  78,000     

Carriage Services Inc.

     2,442,960  
  800     

Collectors Universe Inc.

     60,320  
     

 

 

 
        5,713,580  
     

 

 

 
  

Diversified Industrial — 11.4%

  
  40,980     

Ampco-Pittsburgh Corp.†

     224,570  
  233,000     

Burnham Holdings Inc., Cl. A(a)

     2,970,750  
  41,100     

Chase Corp.

     4,151,511  
  96,360     

Columbus McKinnon Corp.

     3,704,078  
  36,000     

Graham Corp.

     546,480  
  433,313     

Griffon Corp.

     8,830,919  
  18,700     

Haulotte Group SA

     138,668  
  155,030     

Intevac Inc.†

     1,117,766  
  28,000     

John Bean Technologies Corp.

     3,188,360  
  117,000     

L.B. Foster Co., Cl. A†

     1,760,850  
  240,000     

Lawson Products Inc.†

     12,218,400  
  63,000     

Lydall Inc.†

     1,891,890  
  8,000     

MSA Safety Inc.

     1,195,120  
  773,870     

Myers Industries Inc.

     16,081,019  
  30,000     

Napco Security Technologies Inc.†

     786,600  
  176,000     

Park-Ohio Holdings Corp.

     5,438,400  
 

 

1


TETON Westwood Mighty Mites Fund

Schedule of Investments (Continued) — December 31, 2020 (Unaudited)

 

 

Shares

          Market
Value
 
  

COMMON STOCKS (Continued)

  
  

Diversified Industrial (Continued)

  
  25,080     

Raven Industries Inc.

   $ 829,897  
  19,500     

RWC Inc.†

     204,653  
  16,000     

Standex International Corp.

     1,240,320  
  58,638     

Steel Partners Holdings LP†

     630,359  
  343,000     

Tredegar Corp.

     5,728,100  
  168,000     

Twin Disc Inc.†

     1,318,800  
     

 

 

 
        74,197,510  
     

 

 

 
  

Educational Services — 0.1%

  
  90,000     

Universal Technical Institute Inc.†

     581,400  
     

 

 

 
  

Electronics — 4.7%

  
  26,700     

Badger Meter Inc.

     2,511,402  
  152,300     

Bel Fuse Inc., Cl. A(a)

     2,033,205  
  252,580     

CTS Corp.

     8,671,071  
  42,000     

Daktronics Inc.

     196,560  
  30,000     

IMAX Corp.†

     540,600  
  44,000     

Kimball Electronics Inc.†

     703,560  
  6,500     

Mesa Laboratories Inc.

     1,863,160  
  20,800     

Methode Electronics Inc.

     796,224  
  593,000     

Schmitt Industries Inc.†(a)

     3,166,620  
  138,038     

Stoneridge Inc.†

     4,172,889  
  25,000     

Stratasys Ltd.†

     518,000  
  135,890     

Ultra Clean Holdings†

     4,232,973  
  181,000     

Ultralife Corp.†

     1,171,070  
     

 

 

 
        30,577,334  
     

 

 

 
  

Energy and Utilities: Natural Gas — 0.7%

  
  640,000     

Alvopetro Energy Ltd.†

     362,008  
  10,870     

Chesapeake Utilities Corp.

     1,176,243  
  108,684     

Corning Natural Gas Holding Corp.

     1,678,081  
  54,310     

RGC Resources Inc.

     1,291,492  
     

 

 

 
        4,507,824  
     

 

 

 
  

Energy and Utilities: Services — 0.0%

  
  24,000     

Dawson Geophysical Co.†

     50,880  
  61,000     

RPC Inc.†

     192,150  
  6,500     

Subsea 7 SA, ADR†

     64,675  
     

 

 

 
        307,705  
     

 

 

 
  

Energy and Utilities: Water — 1.9%

  
  35,926     

Artesian Resources Corp., Cl. A

     1,332,136  
  12,000     

Cadiz Inc.†

     127,800  
  24,300     

California Water Service Group

     1,312,929  
  62,000     

Consolidated Water Co. Ltd.

     747,100  
  30,000     

Energy Recovery Inc.†

     409,200  
  25,933     

Middlesex Water Co.

     1,879,364  
  62,304     

SJW Group

     4,321,405  
  44,007     

The York Water Co.

     2,050,726  
     

 

 

 
        12,180,660  
     

 

 

 
  

Entertainment — 0.4%

  
  1,100     

Canterbury Park Holding Corp.

     13,090  
  639,512     

Dover Motorsports Inc.

     1,451,692  
  90,750     

Sportech plc†

     34,128  
  30,000     

World Wrestling Entertainment Inc., Cl. A

     1,441,500  
     

 

 

 
        2,940,410  
     

 

 

 
  

Environmental Control — 0.8%

  
  82,000     

Casella Waste Systems Inc., Cl. A†

     5,079,900  
  19,894     

Primo Water Corp.

     311,938  
     

 

 

 
        5,391,838  
     

 

 

 
  

Equipment and Supplies — 4.5%

  
  17,500     

AZZ Inc.

     830,200  
  44,266     

CIRCOR International Inc.†

     1,701,585  
  178,500     

Core Molding Technologies Inc.†

     2,513,280  
  142,000     

Federal Signal Corp.

     4,710,140  
  59,000     

Interpump Group SpA

     2,907,600  
  142,000     

Kimball International Inc., Cl. B

     1,696,900  

Shares

          Market
Value
 
  17,100     

Maezawa Kyuso Industries Co. Ltd.

   $ 383,386  
  16,293     

Powell Industries Inc.

     480,481  
  299,599     

The Eastern Co.

     7,220,336  
  83,000     

The Gorman-Rupp Co.

     2,693,350  
  51,300     

The L.S. Starrett Co., Cl. A†

     216,999  
  177,065     

Titan Machinery Inc.†

     3,461,621  
  33,000     

TransAct Technologies Inc.†

     234,300  
     

 

 

 
        29,050,178  
     

 

 

 
  

Financial Services — 8.9%

  
  47,000     

Allegiance Bancshares Inc.

     1,604,110  
  3,000     

Ameris Bancorp

     114,210  
  18,000     

Atlantic American Corp.†

     37,440  
  251,158     

Atlantic Capital Bancshares Inc.†

     3,998,435  
  41,744     

Atlantic Union Bankshares Corp.

     1,375,047  
  13,500     

Berkshire Bancorp Inc.†

     135,000  
  11,275     

Berkshire Hills Bancorp Inc.

     193,028  
  75     

Burke & Herbert Bank and Trust Co.

     128,025  
  19,058     

Cadence BanCorp

     312,932  
  81,800     

Capital City Bank Group Inc.

     2,010,644  
  8,000     

Capitol Federal Financial Inc.

     100,000  
  16,560     

Citizens & Northern Corp.

     328,550  
  5,000     

ConnectOne Bancorp Inc.

     98,950  
  28,300     

Crazy Woman Creek Bancorp Inc.

     543,360  
  32,580     

Dime Community Bancshares Inc.

     513,787  
  1,120     

Farmers & Merchants Bank of Long Beach

     7,420,000  
  40,000     

Farmers National Banc Corp.

     530,800  
  26,440     

First Internet Bancorp

     759,886  
  391,300     

Flushing Financial Corp.

     6,511,232  
  74,000     

FNB Corp.

     703,000  
  16,058     

FS Bancorp Inc.

     879,978  
  64,348     

GTY Technology Holdings Inc.†

     333,323  
  10     

Guaranty Corp., Cl. A†(b)

     138,000  
  26,270     

Hallmark Financial Services Inc.†

     93,521  
  27,300     

HomeStreet Inc.

     921,375  
  9,030     

Hope Bancorp Inc.

     98,517  
  104,000     

I3 Verticals Inc., Cl. A†

     3,452,800  
  17,000     

ICC Holdings Inc.†

     243,100  
  78,170     

KKR & Co. Inc.

     3,165,103  
  67,700     

Legacy Housing Corp.†

     1,022,947  
  4,860     

LendingTree Inc.†

     1,330,619  
  110,000     

Medallion Financial Corp.†

     539,000  
  4,197     

Northrim BanCorp Inc.

     142,488  
  19,390     

OceanFirst Financial Corp.

     361,236  
  55,332     

People’s United Financial Inc.

     715,443  
  146,000     

Pzena Investment Management Inc., Cl. A

     1,065,800  
  33,651     

Renasant Corp.

     1,133,366  
  4,000     

Richmond Mutual BanCorp Inc.

     54,640  
  2,989     

Salisbury Bancorp Inc.

     111,400  
  27,000     

Sandy Spring Bancorp Inc.

     869,130  
  3,000     

Seacoast Banking Corp. of Florida†

     88,350  
  4,500     

Security National Corp.

     562,500  
  75,000     

Silvercrest Asset Management Group Inc., Cl. A

     1,041,750  
  6,750     

Simmons First National Corp., Cl. A

     145,733  
  13,000     

South State Corp.

     939,900  
  44,480     

Southern First Bancshares Inc.†

     1,572,368  
  32,000     

Southern National Bancorp of Virginia Inc.

     387,520  
  4,500     

Southside Bancshares Inc.

     139,635  
  118,143     

Sterling Bancorp

     2,124,211  
  5,700     

Thomasville Bancshares Inc.

     290,700  
  5,000     

Towne Bank

     117,400  
  50,050     

TrustCo Bank Corp.

     333,833  
  51,152     

Valley National Bancorp

     498,732  
  32,800     

Value Line Inc.

     1,081,416  
  45,900     

Washington Trust Bancorp Inc.

     2,056,320  
  74,800     

Waterstone Financial Inc.

     1,407,736  
  79,260     

Western New England Bancorp Inc.

     546,101  
  260,000     

Wright Investors’ Service Holdings Inc.†

     68,575  
     

 

 

 
        57,493,002  
     

 

 

 
 

 

2


TETON Westwood Mighty Mites Fund

Schedule of Investments (Continued) — December 31, 2020 (Unaudited)

 

 

Shares

          Market
Value
 
  

COMMON STOCKS (Continued)

  
  

Food and Beverage — 1.8%

  
  84,600     

Andrew Peller Ltd., Cl. A

   $ 696,526  
  1,900     

Bridgford Foods Corp.†

     34,618  
  50,000     

Calavo Growers Inc.

     3,471,500  
  133,000     

Corby Spirit and Wine Ltd., Cl. A

     1,765,810  
  380,000     

Crimson Wine Group Ltd.†

     2,033,000  
  102,000     

Farmer Brothers Co.†

     476,340  
  1,250     

Hanover Foods Corp., Cl. A

     95,325  
  300     

Hanover Foods Corp., Cl. B

     28,146  
  21,000     

Iwatsuka Confectionery Co. Ltd.

     888,770  
  1,500     

J & J Snack Foods Corp.

     233,055  
  8,490     

John B Sanfilippo & Son Inc.

     669,521  
  70,000     

Premier Foods plc†

     95,916  
  1,510     

Rock Field Co. Ltd.

     22,930  
  4,600     

Scheid Vineyards Inc., Cl. A†

     71,760  
  4,700     

T. Hasegawa Co. Ltd.

     98,775  
  235,200     

Tingyi (Cayman Islands) Holding Corp.

     401,686  
  207,400     

Vitasoy International Holdings Ltd.

     807,936  
  23,000     

Willamette Valley Vineyards Inc.†

     146,510  
     

 

 

 
        12,038,124  
     

 

 

 
  

Health Care — 9.3%

  
  16,000     

Accuray Inc.†

     66,720  
  22,000     

Anika Therapeutics Inc.†

     995,720  
  97,870     

BioTelemetry Inc.†

     7,054,470  
  5,700     

Boiron SA

     287,937  
  13,000     

Cantel Medical Corp.

     1,025,180  
  101,660     

Cardiovascular Systems Inc.†

     4,448,642  
  9,500     

CareDx Inc.†

     688,275  
  7,000     

Collegium Pharmaceutical Inc.†

     140,210  
  328,940     

Cutera Inc.†

     7,930,743  
  5,000     

Elanco Animal Health Inc.†

     153,350  
  35,142     

Electromed Inc.†

     344,743  
  64,000     

Exelixis Inc.†

     1,284,480  
  2,000     

Heska Corp.†

     291,300  
  183,258     

InfuSystem Holdings Inc.†

     3,441,585  
  23,000     

Integer Holdings Corp.†

     1,867,370  
  190,665     

IntriCon Corp.†

     3,451,037  
  14,500     

Invitae Corp.†

     606,245  
  26,000     

Kindred Biosciences Inc.†

     112,060  
  5,500     

LeMaitre Vascular Inc.

     222,750  
  23,500     

Meridian Bioscience Inc.†

     439,215  
  110,000     

Neogen Corp.†

     8,723,000  
  67,280     

NeoGenomics Inc.†

     3,622,355  
  26,500     

Omnicell Inc.†

     3,180,530  
  220,000     

OPKO Health Inc.†

     869,000  
  25,002     

Option Care Health Inc.†

     391,031  
  62,700     

Orthofix Medical Inc.†

     2,694,846  
  19,000     

Paratek Pharmaceuticals Inc.†

     118,940  
  2,500     

Quidel Corp.†

     449,125  
  77,434     

SurModics Inc.†

     3,369,928  
  2,000     

Targanta Therapeutics Corp., Escrow†(b)

     0  
  70,011     

United-Guardian Inc.

     999,757  
  1,200     

Utah Medical Products Inc.

     101,160  
  31,000     

Zealand Pharma A/S†

     1,122,480  
     

 

 

 
        60,494,184  
     

 

 

 
  

Hotels and Gaming — 4.0%

  
  59,800     

Boyd Gaming Corp.

     2,566,616  
  22,000     

Caesars Entertainment Inc.†

     1,633,940  
  7,700     

Churchill Downs Inc.

     1,499,883  
  1,142,119     

Full House Resorts Inc.†

     4,488,528  
  605,210     

Golden Entertainment Inc.†

     12,037,627  
  353,221     

Inspired Entertainment Inc.†

     2,324,194  
  86,000     

PlayAGS Inc.†

     619,200  
  74,000     

The Marcus Corp.

     997,520  
     

 

 

 
        26,167,508  
     

 

 

 
  

Machinery — 4.0%

  
  244,000     

Astec Industries Inc.

     14,122,720  

Shares

          Market
Value
 
  4,400     

DMG Mori AG

   $ 220,923  
  470,000     

Gencor Industries Inc.†

     5,781,000  
  4,980     

Lindsay Corp.

     639,731  
  22,650     

Tennant Co.

     1,589,351  
  27,010     

The Middleby Corp.†

     3,482,129  
  14,000     

Williams Industrial Services Group Inc.†

     36,400  
     

 

 

 
        25,872,254  
     

 

 

 
  

Manufactured Housing and Recreational Vehicles — 2.4%

  
  30,000     

Cavco Industries Inc.†

     5,263,500  
  175,250     

Nobility Homes Inc.

     4,359,344  
  94,500     

Skyline Champion Corp.†

     2,923,830  
  47,000     

Winnebago Industries Inc.

     2,817,180  
     

 

 

 
        15,363,854  
     

 

 

 
  

Metals and Mining — 0.1%

  
  22,000     

5N Plus Inc.†

     50,986  
  30,000     

Osisko Gold Royalties Ltd.

     380,156  
  400,000     

Tanami Gold NL†

     25,904  
     

 

 

 
        457,046  
     

 

 

 
  

Paper and Forest Products — 0.3%

  
  26,450     

Keweenaw Land Association Ltd.†

     1,893,159  
     

 

 

 
  

Publishing — 1.2%

  
  20,000     

A.H. Belo Corp., Cl. A

     30,200  
  100,000     

ARC Document Solutions Inc.

     148,000  
  505,600     

The E.W. Scripps Co., Cl. A

     7,730,624  
     

 

 

 
        7,908,824  
     

 

 

 
  

Real Estate — 3.8%

  
  120,000     

Ambase Corp.†

     38,400  
  113,300     

Capital Properties Inc., Cl. A

     1,399,821  
  5,040     

Cohen & Steers Inc.

     374,472  
  30,000     

DREAM Unlimited Corp., Cl. A

     500,825  
  22,500     

FRP Holdings Inc.†

     1,024,875  
  14,138     

Gyrodyne LLC†

     240,205  
  6,474     

Holobeam Inc.†

     280,001  
  244,150     

Indus Realty Trust Inc.†

     15,259,375  
  28,000     

New Senior Investment Group Inc., REIT

     145,040  
  287,269     

Reading International Inc., Cl. A†

     1,442,090  
  73,770     

Reading International Inc., Cl. B†

     1,679,005  
  2,508     

Royalty LLC†(b)

     255  
  98,000     

Tejon Ranch Co.†

     1,416,100  
  533,000     

Trinity Place Holdings Inc.†

     666,250  
     

 

 

 
        24,466,714  
     

 

 

 
  

Restaurants — 1.9%

  
  43,000     

Denny’s Corp.†

     631,240  
  216,234     

Nathan’s Famous Inc.(a)

     11,940,441  
     

 

 

 
        12,571,681  
     

 

 

 
  

Retail — 1.5%

  
  55,000     

Big 5 Sporting Goods Corp.

     561,550  
  25,000     

Ethan Allen Interiors Inc.

     505,250  
  72,240     

Ingles Markets Inc., Cl. A

     3,081,758  
  10,000     

Lands’ End Inc.†

     215,700  
  33,000     

La-Z-Boy Inc.

     1,314,720  
  88,000     

Movado Group Inc.

     1,462,560  
  300     

PetIQ Inc.†

     11,535  
  1,000     

PetMed Express Inc.

     32,060  
  117,674     

Village Super Market Inc., Cl. A

     2,595,888  
     

 

 

 
        9,781,021  
     

 

 

 
  

Semiconductors — 0.1%

  
  7,000     

Entegris Inc.

     672,700  
     

 

 

 
  

Specialty Chemicals — 2.6%

  
  784,360     

Ferro Corp.†

     11,475,187  
  36,420     

Hawkins Inc.

     1,905,130  
  3,500     

Minerals Technologies Inc.

     217,420  
  66,000     

Navigator Holdings Ltd.†

     722,700  
 

 

 

3


TETON Westwood Mighty Mites Fund

Schedule of Investments (Continued) — December 31, 2020 (Unaudited)

 

 

Shares

         

Market

Value

 
  

COMMON STOCKS (Continued)

  
  

Specialty Chemicals (Continued)

  
  2,000      Takasago International Corp.    $ 45,983  
  37,000      Teraoka Seisakusho Co. Ltd.      146,201  
  66,900      The General Chemical Group Inc.†      335  
  194,174      Treatt plc      2,177,370  
     

 

 

 
        16,690,326  
     

 

 

 
  

Telecommunications — 1.2%

  
  100,000      A10 Networks Inc.†      986,000  
  13,000      Consolidated Communications Holdings Inc.† .      63,570  
  15,000      Frequency Electronics Inc.†      162,150  
  280,000      HC2 Holdings Inc.†      912,800  
  15,000      Iridium Communications Inc.†      589,875  
  51,385      Nuvera Communications Inc.      991,731  
  410,000      ORBCOMM Inc.†      3,042,200  
  2,000      Preformed Line Products Co.      136,880  
  14,500      Shenandoah Telecommunications Co.      627,125  
     

 

 

 
        7,512,331  
     

 

 

 
  

Transportation — 0.0%

  
  4,000      Patriot Transportation Holding Inc.      35,120  
     

 

 

 
  

TOTAL COMMON STOCKS

     628,557,893  
     

 

 

 
  

PREFERRED STOCKS — 0.6%

  
  

Automotive: Parts and Accessories — 0.1%

  
  20,300      Jungheinrich AG      907,662  
     

 

 

 
  

Financial Services — 0.5%

  
  163,000      Steel Partners Holdings LP Ser. A, 6.000%      3,227,400  
     

 

 

 
  

TOTAL PREFERRED STOCKS

     4,135,062  
     

 

 

 
  

CONVERTIBLE PREFERRED STOCKS — 0.0%

 

  

Food and Beverage — 0.0%

  
  500      Seneca Foods Corp., Ser. 2003      19,950  
     

 

 

 
  

MANDATORY CONVERTIBLE SECURITIES (c) — 0.1%

 

  

Energy and Utilities — 0.1%

  
  15,095      Corning Natural Gas Holding Corp., 4.800%, Ser. B, 09/30/26.      353,978  
     

 

 

 
  

RIGHTS — 0.0%

  
  

Entertainment — 0.0%

  
  550,000      Media General Inc., CVR†(b)      1  
     

 

 

 
  

Health Care — 0.0%

  
  40,000      Elanco Animal Health Inc., CVR†      400  
  8,000      Progenics Pharmaceuticals Inc., CVR†(b)      3,978  
  200,000      Teva Pharmaceutical Industries Ltd., CCCP, expire 02/20/23†(b)      0  
     

 

 

 
        4,378  
     

 

 

 
   TOTAL RIGHTS      4,379  
     

 

 

 

Shares

         

Market

Value

 
  

WARRANTS — 0.0%

  
  

Business Services — 0.0%

  
  1     

Internap Corp., expire 05/08/24†

   $ 652  
     

 

 

 
  

Diversified Industrial — 0.0%

  
  47,000      Ampco-Pittsburgh Corp., expire 08/01/25†      41,360  
     

 

 

 
  

Energy and Utilities — 0.0%

  
  2      Key Energy Services Inc., expire 12/15/21†(b) .      0  
     

 

 

 
  

Energy and Utilities: Natural Gas — 0.0%

  
  144      PHI Group Inc., expire 09/04/22†      0  
     

 

 

 
  

Energy and Utilities: Services — 0.0%

  
  7,627      Weatherford International plc, expire 12/13/23†      1,350  
     

 

 

 
  

Health Care — 0.0%

  
  2,184      Option Care Health Inc., Cl. A, expire 07/27/25†      2,633  
  2,184      Option Care Health Inc., Cl. B, expire 07/27/25†      1,898  
     

 

 

 
        4,531  
     

 

 

 
   TOTAL WARRANTS      47,893  
     

 

 

 
  

U.S. GOVERNMENT OBLIGATIONS — 0.5%

 

  3,060,000      U.S. Treasury Bills, 0.070% to 0.085%††, 03/18/21 to 03/25/21      3,059,605  
     

 

 

 
  

TOTAL MISCELLANEOUS INVESTMENTS — 2.0%(d)

     13,145,959  
     

 

 

 
  

TOTAL INVESTMENTS — 100.0% (Cost $335,698,403)

   $ 649,324,719  
     

 

 

 
(a)

Security considered an affiliated holding because the Fund owns at least 5% of its outstanding shares.

(b)

Security is valued under procedures adopted by the Board of Trustees and is classified as Level 3 in the fair value hierarchy.

(c)

Mandatory convertible securities are required to be converted on the dates listed; they generally may be converted prior to these dates at the option of the holder.

(d)

Represents previously undisclosed, unrestricted securities which the Fund has held for less than one year.

Non-income producing security.

††

Represents annualized yields at dates of purchase.

ADR

American Depositary Receipt

CCCP

Contingent Cash Consideration Payment

CVR

Contingent Value Right

GDR

Global Depositary Receipt

REIT

Real Estate Investment Trust

 

 

4