Small Company - Schedule of Investments | ||
SEPTEMBER 30, 2022 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||
COMMON STOCKS — 99.2% | ||||||||
Aerospace and Defense — 0.4% | ||||||||
Moog, Inc., Class A | 7,874 | 553,936 | ||||||
Auto Components — 0.4% | ||||||||
Shyft Group, Inc. | 25,763 | 526,338 | ||||||
Automobiles — 0.4% | ||||||||
Winnebago Industries, Inc. | 10,722 | 570,518 | ||||||
Banks — 7.4% | ||||||||
Ameris Bancorp | 23,616 | 1,055,871 | ||||||
Associated Banc-Corp. | 37,244 | 747,860 | ||||||
Bancorp, Inc.(1) | 26,365 | 579,503 | ||||||
Bank OZK | 22,462 | 888,597 | ||||||
Customers Bancorp, Inc.(1) | 9,774 | 288,138 | ||||||
Enterprise Financial Services Corp. | 10,608 | 467,176 | ||||||
Hancock Whitney Corp. | 7,926 | 363,090 | ||||||
Hanmi Financial Corp. | 22,750 | 538,720 | ||||||
Heartland Financial USA, Inc. | 20,449 | 886,669 | ||||||
Hilltop Holdings, Inc. | 26,445 | 657,158 | ||||||
Hope Bancorp, Inc. | 100,238 | 1,267,008 | ||||||
International Bancshares Corp. | 10,473 | 445,102 | ||||||
OFG Bancorp | 37,195 | 934,710 | ||||||
Popular, Inc. | 7,110 | 512,347 | ||||||
QCR Holdings, Inc. | 6,278 | 319,801 | ||||||
Renasant Corp. | 20,755 | 649,216 | ||||||
10,600,966 | ||||||||
Beverages — 1.6% | ||||||||
Celsius Holdings, Inc.(1) | 8,220 | 745,390 | ||||||
Coca-Cola Consolidated, Inc. | 3,755 | 1,546,046 | ||||||
2,291,436 | ||||||||
Biotechnology — 6.9% | ||||||||
Alector, Inc.(1) | 51,800 | 490,028 | ||||||
Alkermes PLC(1) | 56,785 | 1,268,009 | ||||||
Apellis Pharmaceuticals, Inc.(1) | 11,525 | 787,157 | ||||||
Arcus Biosciences, Inc.(1) | 20,744 | 542,663 | ||||||
Dynavax Technologies Corp.(1)(2) | 47,033 | 491,025 | ||||||
Exelixis, Inc.(1) | 98,807 | 1,549,294 | ||||||
Halozyme Therapeutics, Inc.(1) | 31,531 | 1,246,736 | ||||||
iTeos Therapeutics, Inc.(1) | 29,579 | 563,480 | ||||||
PTC Therapeutics, Inc.(1) | 10,476 | 525,895 | ||||||
REGENXBIO, Inc.(1) | 17,000 | 449,310 | ||||||
Sarepta Therapeutics, Inc.(1) | 10,885 | 1,203,228 | ||||||
Seagen, Inc.(1) | 1,828 | 250,125 | ||||||
Syndax Pharmaceuticals, Inc.(1) | 11,440 | 274,903 | ||||||
Vanda Pharmaceuticals, Inc.(1) | 28,944 | 285,967 | ||||||
9,927,820 | ||||||||
Building Products — 2.4% | ||||||||
American Woodmark Corp.(1) | 7,038 | 308,687 | ||||||
Apogee Enterprises, Inc. | 5,700 | 217,854 | ||||||
Builders FirstSource, Inc.(1) | 6,555 | 386,220 | ||||||
Masonite International Corp.(1) | 2,836 | 202,178 |
Quanex Building Products Corp. | 10,324 | 187,484 | ||||||
Resideo Technologies, Inc.(1) | 20,000 | 381,200 | ||||||
Simpson Manufacturing Co., Inc. | 2,225 | 174,440 | ||||||
UFP Industries, Inc. | 22,125 | 1,596,540 | ||||||
3,454,603 | ||||||||
Capital Markets — 3.1% | ||||||||
BGC Partners, Inc., Class A | 74,657 | 234,423 | ||||||
Cohen & Steers, Inc. | 4,927 | 308,578 | ||||||
Evercore, Inc., Class A | 9,181 | 755,137 | ||||||
Moelis & Co., Class A | 21,951 | 742,163 | ||||||
Piper Sandler Cos. | 9,569 | 1,002,257 | ||||||
PJT Partners, Inc., Class A | 14,009 | 936,082 | ||||||
StoneX Group, Inc.(1) | 6,384 | 529,489 | ||||||
4,508,129 | ||||||||
Chemicals — 2.2% | ||||||||
AdvanSix, Inc. | 16,251 | 521,657 | ||||||
Ingevity Corp.(1) | 21,931 | 1,329,677 | ||||||
Livent Corp.(1) | 24,749 | 758,557 | ||||||
LSB Industries, Inc.(1) | 15,366 | 218,965 | ||||||
Mativ Holdings, Inc. | 13,000 | 287,040 | ||||||
3,115,896 | ||||||||
Commercial Services and Supplies — 1.1% | ||||||||
ABM Industries, Inc. | 13,269 | 507,274 | ||||||
ACCO Brands Corp. | 71,245 | 349,101 | ||||||
Brink's Co. | 9,752 | 472,387 | ||||||
Steelcase, Inc., Class A | 34,522 | 225,083 | ||||||
1,553,845 | ||||||||
Communications Equipment — 1.9% | ||||||||
CommScope Holding Co., Inc.(1) | 34,340 | 316,271 | ||||||
Extreme Networks, Inc.(1) | 68,295 | 892,616 | ||||||
Viavi Solutions, Inc.(1) | 113,356 | 1,479,296 | ||||||
2,688,183 | ||||||||
Construction and Engineering — 1.0% | ||||||||
EMCOR Group, Inc. | 2,237 | 258,329 | ||||||
Primoris Services Corp. | 21,634 | 351,552 | ||||||
Sterling Infrastructure, Inc.(1) | 14,225 | 305,411 | ||||||
WillScot Mobile Mini Holdings Corp.(1) | 13,465 | 543,043 | ||||||
1,458,335 | ||||||||
Consumer Finance — 0.3% | ||||||||
Navient Corp. | 33,367 | 490,161 | ||||||
Diversified Consumer Services — 0.5% | ||||||||
Graham Holdings Co., Class B | 1,251 | 673,013 | ||||||
Diversified Telecommunication Services — 0.4% | ||||||||
Cogent Communications Holdings, Inc. | 9,894 | 516,071 | ||||||
Electric Utilities — 0.9% | ||||||||
Otter Tail Corp. | 15,025 | 924,338 | ||||||
Portland General Electric Co. | 7,498 | 325,863 | ||||||
1,250,201 | ||||||||
Electrical Equipment — 1.8% | ||||||||
Array Technologies, Inc.(1) | 20,467 | 339,343 | ||||||
Atkore, Inc.(1) | 13,938 | 1,084,516 | ||||||
Encore Wire Corp. | 9,676 | 1,117,965 | ||||||
2,541,824 | ||||||||
Electronic Equipment, Instruments and Components — 1.7% | ||||||||
Avnet, Inc. | 13,845 | 500,081 |
Benchmark Electronics, Inc. | 42,097 | 1,043,164 | ||||||
TD SYNNEX Corp. | 2,818 | 228,793 | ||||||
TTM Technologies, Inc.(1) | 26,825 | 353,554 | ||||||
Vishay Intertechnology, Inc. | 19,880 | 353,665 | ||||||
2,479,257 | ||||||||
Energy Equipment and Services — 1.2% | ||||||||
Archrock, Inc. | 36,362 | 233,444 | ||||||
ChampionX Corp. | 42,263 | 827,087 | ||||||
Weatherford International PLC(1) | 20,512 | 662,332 | ||||||
1,722,863 | ||||||||
Entertainment — 1.1% | ||||||||
World Wrestling Entertainment, Inc., Class A | 21,773 | 1,527,811 | ||||||
Equity Real Estate Investment Trusts (REITs) — 3.7% | ||||||||
CareTrust REIT, Inc. | 33,321 | 603,443 | ||||||
Community Healthcare Trust, Inc. | 13,501 | 442,158 | ||||||
Easterly Government Properties, Inc. | 46,471 | 732,848 | ||||||
Four Corners Property Trust, Inc. | 9,472 | 229,128 | ||||||
Office Properties Income Trust | 19,029 | 267,357 | ||||||
Paramount Group, Inc. | 107,567 | 670,142 | ||||||
PotlatchDeltic Corp. | 34,934 | 1,433,691 | ||||||
SL Green Realty Corp.(2) | 15,000 | 602,400 | ||||||
Universal Health Realty Income Trust | 7,128 | 308,001 | ||||||
5,289,168 | ||||||||
Food and Staples Retailing — 2.5% | ||||||||
Ingles Markets, Inc., Class A | 17,360 | 1,375,086 | ||||||
SpartanNash Co. | 23,433 | 680,026 | ||||||
Sprouts Farmers Market, Inc.(1) | 38,684 | 1,073,481 | ||||||
Weis Markets, Inc. | 6,406 | 456,363 | ||||||
3,584,956 | ||||||||
Food Products — 0.7% | ||||||||
Seaboard Corp. | 49 | 166,730 | ||||||
TreeHouse Foods, Inc.(1) | 18,469 | 783,455 | ||||||
950,185 | ||||||||
Gas Utilities — 0.9% | ||||||||
Brookfield Infrastructure Corp., Class A | 7,673 | 312,291 | ||||||
National Fuel Gas Co. | 11,795 | 725,982 | ||||||
UGI Corp. | 10,259 | 331,674 | ||||||
1,369,947 | ||||||||
Health Care Equipment and Supplies — 4.9% | ||||||||
Avanos Medical, Inc.(1) | 16,937 | 368,888 | ||||||
Bruker Corp. | 13,143 | 697,368 | ||||||
Enovis Corp.(1) | 8,903 | 410,161 | ||||||
Lantheus Holdings, Inc.(1) | 11,495 | 808,443 | ||||||
Merit Medical Systems, Inc.(1) | 16,864 | 952,985 | ||||||
Novocure Ltd.(1) | 10,148 | 771,045 | ||||||
Shockwave Medical, Inc.(1) | 5,561 | 1,546,347 | ||||||
STAAR Surgical Co.(1) | 10,376 | 732,027 | ||||||
Varex Imaging Corp.(1) | 38,814 | 820,528 | ||||||
7,107,792 | ||||||||
Health Care Providers and Services — 3.5% | ||||||||
Accolade, Inc.(1) | 31,817 | 363,350 | ||||||
Addus HomeCare Corp.(1) | 12,600 | 1,200,024 | ||||||
Amedisys, Inc.(1) | 2,933 | 283,885 | ||||||
AMN Healthcare Services, Inc.(1) | 20,095 | 2,129,266 |
Fulgent Genetics, Inc.(1) | 10,779 | 410,896 | ||||||
Owens & Minor, Inc. | 11,120 | 267,992 | ||||||
R1 RCM, Inc.(1) | 20,404 | 378,086 | ||||||
5,033,499 | ||||||||
Health Care Technology — 0.2% | ||||||||
NextGen Healthcare, Inc.(1) | 15,445 | 273,376 | ||||||
Hotels, Restaurants and Leisure — 2.9% | ||||||||
Bloomin' Brands, Inc. | 51,575 | 945,370 | ||||||
Brinker International, Inc.(1) | 13,497 | 337,155 | ||||||
Monarch Casino & Resort, Inc.(1) | 7,607 | 427,057 | ||||||
Papa John's International, Inc. | 2,697 | 188,817 | ||||||
Red Rock Resorts, Inc., Class A | 20,101 | 688,660 | ||||||
SeaWorld Entertainment, Inc.(1) | 17,706 | 805,800 | ||||||
Texas Roadhouse, Inc. | 3,659 | 319,284 | ||||||
Wingstop, Inc. | 4,057 | 508,829 | ||||||
4,220,972 | ||||||||
Household Durables — 1.2% | ||||||||
La-Z-Boy, Inc. | 15,081 | 340,378 | ||||||
M/I Homes, Inc.(1) | 5,763 | 208,794 | ||||||
Meritage Homes Corp.(1) | 6,200 | 435,674 | ||||||
Taylor Morrison Home Corp.(1) | 21,375 | 498,465 | ||||||
Tri Pointe Homes, Inc.(1) | 20,854 | 315,104 | ||||||
1,798,415 | ||||||||
Insurance — 3.3% | ||||||||
Hanover Insurance Group, Inc. | 9,162 | 1,174,018 | ||||||
Kinsale Capital Group, Inc. | 4,240 | 1,082,981 | ||||||
Palomar Holdings, Inc.(1) | 6,894 | 577,166 | ||||||
Reinsurance Group of America, Inc. | 4,279 | 538,341 | ||||||
Stewart Information Services Corp. | 14,983 | 653,858 | ||||||
Unum Group | 18,246 | 707,945 | ||||||
4,734,309 | ||||||||
Interactive Media and Services — 0.7% | ||||||||
Yelp, Inc.(1) | 28,869 | 978,948 | ||||||
IT Services — 0.9% | ||||||||
Grid Dynamics Holdings, Inc.(1) | 18,447 | 345,512 | ||||||
MAXIMUS, Inc. | 15,813 | 915,099 | ||||||
1,260,611 | ||||||||
Leisure Products — 0.2% | ||||||||
Malibu Boats, Inc., Class A(1) | 5,713 | 274,167 | ||||||
Life Sciences Tools and Services — 0.7% | ||||||||
Medpace Holdings, Inc.(1) | 2,892 | 454,536 | ||||||
Repligen Corp.(1) | 3,349 | 626,631 | ||||||
1,081,167 | ||||||||
Machinery — 1.9% | ||||||||
Hillenbrand, Inc. | 23,736 | 871,586 | ||||||
Mueller Industries, Inc. | 31,183 | 1,853,517 | ||||||
2,725,103 | ||||||||
Marine — 0.7% | ||||||||
Eagle Bulk Shipping, Inc.(2) | 3,888 | 167,884 | ||||||
Matson, Inc. | 13,892 | 854,636 | ||||||
1,022,520 | ||||||||
Media — 0.3% | ||||||||
Scholastic Corp. | 12,000 | 369,120 | ||||||
Metals and Mining — 0.4% | ||||||||
Alpha Metallurgical Resources, Inc. | 4,521 | 618,654 | ||||||
Multiline Retail — 0.6% | ||||||||
Dillard's, Inc., Class A(2) | 3,348 | 913,200 | ||||||
Oil, Gas and Consumable Fuels — 5.5% | ||||||||
Callon Petroleum Co.(1) | 12,647 | 442,772 | ||||||
Chord Energy Corp. | 8,531 | 1,166,785 | ||||||
Magnolia Oil & Gas Corp., Class A | 34,690 | 687,209 | ||||||
Murphy Oil Corp. | 29,207 | 1,027,210 | ||||||
Ovintiv, Inc. | 19,185 | 882,510 | ||||||
PBF Energy, Inc., Class A(1) | 19,724 | 693,496 | ||||||
PDC Energy, Inc. | 17,499 | 1,011,267 | ||||||
SM Energy Co. | 33,804 | 1,271,368 | ||||||
Talos Energy, Inc.(1) | 39,355 | 655,261 | ||||||
7,837,878 | ||||||||
Paper and Forest Products — 0.6% | ||||||||
Clearwater Paper Corp.(1) | 9,511 | 357,614 | ||||||
Louisiana-Pacific Corp. | 9,581 | 490,451 | ||||||
848,065 | ||||||||
Personal Products — 0.3% | ||||||||
USANA Health Sciences, Inc.(1) | 8,918 | 499,854 | ||||||
Pharmaceuticals — 2.0% | ||||||||
Amphastar Pharmaceuticals, Inc.(1) | 27,467 | 771,823 | ||||||
Corcept Therapeutics, Inc.(1) | 49,362 | 1,265,642 | ||||||
Pacira BioSciences, Inc.(1) | 9,876 | 525,304 | ||||||
Supernus Pharmaceuticals, Inc.(1) | 9,239 | 312,740 | ||||||
2,875,509 | ||||||||
Professional Services — 4.2% | ||||||||
CACI International, Inc., Class A(1) | 1,626 | 424,484 | ||||||
CRA International, Inc. | 2,839 | 251,933 | ||||||
Franklin Covey Co.(1) | 9,837 | 446,501 | ||||||
Insperity, Inc. | 19,356 | 1,976,054 | ||||||
Kelly Services, Inc., Class A | 16,855 | 229,059 | ||||||
Kforce, Inc. | 7,819 | 458,584 | ||||||
TriNet Group, Inc.(1) | 26,681 | 1,900,221 | ||||||
TrueBlue, Inc.(1) | 16,297 | 310,947 | ||||||
5,997,783 | ||||||||
Real Estate Management and Development — 1.2% | ||||||||
Cushman & Wakefield PLC(1) | 46,534 | 532,814 | ||||||
eXp World Holdings, Inc.(2) | 40,363 | 452,469 | ||||||
Marcus & Millichap, Inc. | 23,923 | 784,196 | ||||||
1,769,479 | ||||||||
Road and Rail — 0.2% | ||||||||
ArcBest Corp. | 3,797 | 276,156 | ||||||
Semiconductors and Semiconductor Equipment — 2.2% | ||||||||
Alpha & Omega Semiconductor Ltd.(1) | 13,863 | 426,426 | ||||||
Formfactor, Inc.(1) | 15,149 | 379,483 | ||||||
MaxLinear, Inc.(1) | 29,765 | 970,934 | ||||||
Power Integrations, Inc. | 4,229 | 272,009 | ||||||
Semtech Corp.(1) | 19,666 | 578,377 | ||||||
Veeco Instruments, Inc.(1) | 27,702 | 507,501 | ||||||
3,134,730 | ||||||||
Software — 6.5% | ||||||||
Alarm.com Holdings, Inc.(1) | 14,913 | 967,257 | ||||||
Appfolio, Inc., Class A(1) | 3,861 | 404,324 | ||||||
Box, Inc., Class A(1) | 60,401 | 1,473,180 |
CommVault Systems, Inc.(1) | 19,620 | 1,040,645 | ||||||
Dropbox, Inc., Class A(1) | 50,701 | 1,050,525 | ||||||
HubSpot, Inc.(1) | 3,423 | 924,621 | ||||||
LiveRamp Holdings, Inc.(1) | 27,888 | 506,446 | ||||||
Model N, Inc.(1) | 19,386 | 663,583 | ||||||
Progress Software Corp. | 5,838 | 248,407 | ||||||
Qualys, Inc.(1) | 3,917 | 545,990 | ||||||
Rapid7, Inc.(1) | 8,962 | 384,470 | ||||||
SPS Commerce, Inc.(1) | 6,256 | 777,183 | ||||||
Tenable Holdings, Inc.(1) | 11,538 | 401,522 | ||||||
9,388,153 | ||||||||
Specialty Retail — 2.4% | ||||||||
AutoNation, Inc.(1) | 6,800 | 692,716 | ||||||
Caleres, Inc. | 8,588 | 208,001 | ||||||
Chico's FAS, Inc.(1) | 45,001 | 217,805 | ||||||
Foot Locker, Inc. | 14,356 | 446,902 | ||||||
Group 1 Automotive, Inc. | 2,517 | 359,604 | ||||||
MarineMax, Inc.(1) | 14,000 | 417,060 | ||||||
Rent-A-Center, Inc. | 10,644 | 186,376 | ||||||
Signet Jewelers Ltd. | 9,951 | 569,098 | ||||||
Sonic Automotive, Inc., Class A | 7,712 | 333,930 | ||||||
3,431,492 | ||||||||
Technology Hardware, Storage and Peripherals — 0.7% | ||||||||
Pure Storage, Inc., Class A(1) | 34,977 | 957,320 | ||||||
Textiles, Apparel and Luxury Goods — 0.9% | ||||||||
Carter's, Inc.(2) | 4,390 | 287,677 | ||||||
Crocs, Inc.(1) | 7,761 | 532,870 | ||||||
G-III Apparel Group Ltd.(1) | 17,300 | 258,635 | ||||||
Movado Group, Inc. | 7,148 | 201,431 | ||||||
1,280,613 | ||||||||
Thrifts and Mortgage Finance — 3.1% | ||||||||
Essent Group Ltd. | 23,345 | 814,040 | ||||||
Federal Agricultural Mortgage Corp., Class C | 4,945 | 490,247 | ||||||
Mr. Cooper Group, Inc.(1) | 15,586 | 631,233 | ||||||
NMI Holdings, Inc., Class A(1) | 32,896 | 670,092 | ||||||
OceanFirst Financial Corp. | 26,100 | 486,504 | ||||||
Radian Group, Inc. | 47,582 | 917,857 | ||||||
Walker & Dunlop, Inc. | 5,808 | 486,304 | ||||||
4,496,277 | ||||||||
Trading Companies and Distributors — 1.9% | ||||||||
BlueLinx Holdings, Inc.(1) | 6,918 | 429,608 | ||||||
Boise Cascade Co. | 16,856 | 1,002,258 | ||||||
Titan Machinery, Inc.(1) | 32,142 | 908,333 | ||||||
WESCO International, Inc.(1) | 3,685 | 439,915 | ||||||
2,780,114 | ||||||||
Water Utilities — 0.3% | ||||||||
California Water Service Group | 7,058 | 371,886 | ||||||
Wireless Telecommunication Services — 0.3% | ||||||||
Telephone & Data Systems, Inc. | 35,613 | 495,021 | ||||||
TOTAL COMMON STOCKS (Cost $146,883,168) | 142,497,645 | |||||||
SHORT-TERM INVESTMENTS — 2.3% | ||||||||
Money Market Funds — 1.4% | ||||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 2,523 | 2,523 |
State Street Navigator Securities Lending Government Money Market Portfolio(3) | 2,016,172 | 2,016,172 | ||||||
2,018,695 | ||||||||
Repurchase Agreements — 0.9% | ||||||||
BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 0.625% - 4.625%, 1/15/25 - 5/15/47, valued at $215,702), in a joint trading account at 2.86%, dated 9/30/22, due 10/3/22 (Delivery value $212,086) | 212,036 | |||||||
Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 3.25%, 6/30/29, valued at $1,076,150), at 2.95%, dated 9/30/22, due 10/3/22 (Delivery value $1,055,259) | 1,055,000 | |||||||
1,267,036 | ||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $3,285,731) | 3,285,731 | |||||||
TOTAL INVESTMENT SECURITIES — 101.5% (Cost $150,168,899) | 145,783,376 | |||||||
OTHER ASSETS AND LIABILITIES — (1.5)% | (2,189,154) | |||||||
TOTAL NET ASSETS — 100.0% | $ | 143,594,222 |
FUTURES CONTRACTS SOLD | ||||||||||||||
Reference Entity | Contracts | Expiration Date | Notional Amount | Unrealized Appreciation (Depreciation)^ | ||||||||||
Russell 2000 E-Mini Index | 30 | December 2022 | $ | 2,504,700 | $ | 317,434 |
NOTES TO SCHEDULE OF INVESTMENTS |
Level 1 ($) | Level 2 ($) | Level 3 ($) | |||||||||
Assets | |||||||||||
Investment Securities | |||||||||||
Common Stocks | 142,497,645 | — | — | ||||||||
Short-Term Investments | 2,018,695 | 1,267,036 | — | ||||||||
144,516,340 | 1,267,036 | — | |||||||||
Other Financial Instruments | |||||||||||
Futures Contracts | 317,434 | — | — |