TETON

Westwood

Equity

Fund

Schedule

of

Investments—December

31,

2023

(Unaudited)

1

__________

Shares

Market

Value

COMMON

STOCKS

 —

100.0%

Air

Freight

and

Logistics

 —

2.0%

3,374‌

FedEx

Corp.

.......................................................

$

853,521‌

Banking

 —

3.3%

42,423‌

Bank

of

America

Corp.

......................................

1,428,382‌

Business

Services

 —

2.2%

3,751‌

Visa

Inc.,

Cl. A

....................................................

976,573‌

Commercial

Services

and

Supplies

 —

1.0%

2,502‌

Waste

Management

Inc.

....................................

448,108‌

Computer

Hardware

 —

2.3%

5,297‌

Apple

Inc.

...........................................................

1,019,831‌

Computer

Software

and

Services

 —

12.1%

2,966‌

Accenture

plc,

Cl. A

...........................................

1,040,799‌

7,107‌

Alphabet

Inc.,

Cl. A†

.........................................

992,777‌

2,919‌

CACI

International

Inc.,

Cl. A†

.........................

945,348‌

3,804‌

Microsoft

Corp.

..................................................

1,430,456‌

3,338‌

Salesforce

Inc.†

...................................................

878,361‌

5,287,741‌

Consumer

Products

 —

1.0%

4,632‌

Church

&

Dwight

Co.

Inc.

................................

438,002‌

Diversified

Industrial

 —

2.6%

5,404‌

Honeywell

International

Inc.

............................

1,133,273‌

Electronics

 —

2.0%

9,665‌

Microchip

Technology

Inc.

................................

871,590‌

Energy

and

Energy

Services

 —

2.2%

7,981‌

EOG

Resources

Inc.

...........................................

965,302‌

Energy:

Integrated

 —

5.2%

7,213‌

DTE

Energy

Co.

.................................................

795,305‌

11,081‌

NextEra

Energy

Inc.

..........................................

673,060‌

9,662‌

WEC

Energy

Group

Inc.

...................................

813,251‌

2,281,616‌

Energy:

Oil

 —

5.7%

6,466‌

Chevron

Corp.

...................................................

964,469‌

6,919‌

ConocoPhillips

...................................................

803,088‌

7,468‌

Exxon

Mobil

Corp.

............................................

746,651‌

2,514,208‌

Equipment

and

Supplies

 —

4.2%

3,854‌

Danaher

Corp.

...................................................

891,584‌

2,887‌

Hubbell

Inc.

........................................................

949,621‌

1,841,205‌

Financial

Services

 —

14.7%

16,213‌

American

International

Group

Inc.

..................

1,098,431‌

3,854‌

Arthur

J.

Gallagher

&

Co.

.................................

866,688‌

2,327‌

Berkshire

Hathaway

Inc.,

Cl. B†

.......................

829,948‌

6,678‌

JPMorgan

Chase

&

Co.

......................................

1,135,928‌

3,142‌

The

Goldman

Sachs

Group

Inc.

........................

1,212,089‌

2,655‌

The

Progressive

Corp.

.......................................

422,888‌

17,711‌

Wells

Fargo

&

Co.

..............................................

871,735‌

6,437,707‌

Food

and

Beverage

 —

5.8%

2,197‌

Domino's

Pizza

Inc.

...........................................

905,669‌

5,031‌

PepsiCo

Inc.

........................................................

854,465‌

Shares

Market

Value

4,247‌

The

Hershey

Co.

................................................

$

791,811‌

2,551,945‌

Health

Care

 —

13.2%

12,268‌

Abbott

Laboratories

...........................................

1,350,339‌

4,018‌

Becton

Dickinson

&

Co.

....................................

979,709‌

10,362‌

Gilead

Sciences

Inc.

...........................................

839,426‌

9,044‌

Johnson

&

Johnson

............................................

1,417,556‌

2,282‌

UnitedHealth

Group

Inc.

..................................

1,201,404‌

5,788,434‌

Real

Estate

 —

7.3%

6,256‌

Prologis

Inc.,

REIT

.............................................

833,925‌

2,904‌

Public

Storage,

REIT

..........................................

885,720‌

12,400‌

Ventas

Inc.,

REIT

................................................

618,016‌

27,451‌

VICI

Properties

Inc.,

REIT

.................................

875,138‌

3,212,799‌

Retail

 —

8.8%

11,793‌

CVS

Health

Corp.

..............................................

931,175‌

5,229‌

Dollar

General

Corp.

.........................................

710,883‌

539‌

O'Reilly

Automotive

Inc.†

.................................

512,093‌

2,635‌

The

Home

Depot

Inc.

........................................

913,159‌

5,086‌

Walmart

Inc.

.......................................................

801,808‌

3,869,118‌

Telecommunications

 —

2.3%

3,184‌

Motorola

Solutions

Inc.

.....................................

996,879‌

Transportation

 —

2.1%

3,644‌

Union

Pacific

Corp.

............................................

895,039‌

TOTAL

COMMON

STOCKS

.........................

43,811,273‌

TOTAL

INVESTMENTS

—

100.0%

(Cost

$36,835,270)

...........................................

$

43,811,273‌

†

Non-income

producing

security.

REIT

Real

Estate

Investment

Trust