NPORT-EX 2 SI92SIT093021.htm HTML
    

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2021

 

Sit Small Cap Dividend Growth Fund

Investments are grouped by economic sectors.

 

Name of Issuer       Quantity           Fair Value ($)  

Common Stocks - 96.2%

    

Commercial Services - 4.8%

    

Booz Allen Hamilton Holding Corp.

     3,200       253,920  

Brink’s Co.

     2,750       174,075  

Colliers International Group, Inc.

     2,350       300,119  

FTI Consulting, Inc. *

     1,075       144,803  

World Fuel Services Corp.

     5,975       200,879  
   

 

 

  
      1,073,796  
   

 

 

  

Consumer Durables - 5.0%

    

BRP, Inc.

     1,275       118,167  

Helen of Troy, Ltd. *

     750       168,510  

Johnson Outdoors, Inc.

     555       58,719  

MDC Holdings, Inc.

     4,050       189,216  

National Presto Industries, Inc.

     750       61,560  

Thor Industries, Inc.

     2,300       282,348  

YETI Holdings, Inc. *

     2,700       231,363  
   

 

 

  
      1,109,883  
   

 

 

  

Consumer Non-Durables - 1.5%

    

Sensient Technologies Corp.

     3,000       273,240  

Wolverine World Wide, Inc.

     1,750       52,220  
   

 

 

  
      325,460  
   

 

 

  

Consumer Services - 3.7%

    

Chegg, Inc. *

     3,000       204,060  

Nexstar Media Group, Inc.

     2,550       387,498  

Vail Resorts, Inc. *

     700       233,835  
   

 

 

  
      825,393  
   

 

 

  

Electronic Technology - 8.2%

    

CMC Materials, Inc.

     2,200       271,106  

II-VI, Inc. *

     2,450       145,432  

MKS Instruments, Inc.

     3,275       494,230  

Monolithic Power Systems, Inc.

     1,200       581,616  

Power Integrations, Inc.

     3,400       336,566  
   

 

 

  
      1,828,950  
   

 

 

  

Finance - 30.1%

    

Air Lease Corp.

     4,225       166,211  

American Financial Group, Inc.

     1,875       235,931  

Artisan Partners Asset Management, Inc.

     6,300       308,196  

Axis Capital Holdings, Ltd.

     6,300       290,052  

Broadstone Net Lease, Inc.

     2,250       55,823  

Carlyle Group, Inc.

     8,075       381,786  

CNO Financial Group, Inc.

     14,000       329,560  

CubeSmart

     5,250       254,362  

Donegal Group, Inc.

     9,500       137,655  

Essential Properties Realty Trust, Inc.

     10,050       280,596  

Evercore Partners, Inc.

     2,800       374,276  

H&E Equipment Services, Inc.

     8,700       301,977  

Hannon Armstrong Sust. Inf. Cap., Inc.

     3,475       185,843  

Hanover Insurance Group, Inc.

     1,275       165,265  

HCI Group, Inc.

     3,050       337,849  

Hercules Capital, Inc.

     13,100       217,591  

Old National Bancorp

     15,575       263,996  

People’s United Financial, Inc.

     18,425       321,885  

 

     
Name of Issuer       Quantity           Fair Value ($)  

Physicians Realty Trust

     11,250       198,225  

Piper Sandler Cos

     2,425       335,766  

PotlatchDeltic Corp.

     2,810       144,940  

PROG Holdings, Inc.

     5,500       231,055  

Provident Financial Services, Inc.

     7,150       167,811  

SiriusPoint, Ltd. *

     14,550       134,733  

Stifel Financial Corp.

     6,000       407,760  

STORE Capital Corp.

     6,225       199,387  

Western Alliance Bancorp

     2,775       301,975  
   

 

 

  
      6,730,506  
   

 

 

  

Health Services - 4.0%

    

Addus HomeCare Corp. *

     1,850       147,538  

Encompass Health Corp.

     4,200       315,168  

Tenet Healthcare Corp. *

     6,400       425,216  
   

 

 

  
      887,922  
   

 

 

  

Health Technology - 5.8%

    

AtriCure, Inc. *

     3,500       243,425  

Atrion Corp.

     250       174,375  

Bio-Techne Corp.

     325       157,485  

ICU Medical, Inc. *

     975       227,546  

LeMaitre Vascular, Inc.

     1,600       84,944  

Seres Therapeutics, Inc. *

     6,800       47,328  

STERIS, PLC

     1,100       224,708  

Vanda Pharmaceuticals, Inc. *

     7,525       128,978  
   

 

 

  
      1,288,789  
   

 

 

  

Industrial Services - 4.1%

    

EMCOR Group, Inc.

     2,400       276,912  

KBR, Inc.

     10,775       424,535  

MYR Group, Inc. *

     2,075       206,463  
   

 

 

  
      907,910  
   

 

 

  

Non-Energy Minerals - 2.4%

    

AZEK Co., Inc. *

     5,700       208,221  

Commercial Metals Co.

     3,950       120,317  

Eagle Materials, Inc.

     1,575       206,577  
   

 

 

  
      535,115  
   

 

 

  

Process Industries - 4.9%

    

Huntsman Corp.

     4,650       137,594  

Neenah, Inc.

     2,525       117,690  

Olin Corp.

     7,625       367,906  

Scotts Miracle-Gro Co.

     1,725       252,471  

Silgan Holdings, Inc.

     5,800       222,488  
   

 

 

  
      1,098,149  
   

 

 

  

Producer Manufacturing - 11.0%

    

AGCO Corp.

     925       113,340  

Applied Industrial Technologies, Inc.

     2,475       223,072  

AZZ, Inc.

     2,525       134,330  

Belden, Inc.

     3,175       184,975  

Carlisle Cos, Inc.

     1,650       328,003  

Crane Co.

     3,275       310,503  

EnPro Industries, Inc.

     2,050       178,596  

Hubbell, Inc.

     1,225       221,321  

Hydrofarm Holdings Group, Inc. *

     800       30,280  

Lincoln Electric Holdings, Inc.

     1,350       173,866  

MSA Safety, Inc.

     1,350       196,695  

Rexnord Corp.

     4,675       300,556  

TPI Composites, Inc. *

     1,925       64,969  
   

 

 

  
      2,460,506  
   

 

 

  

Retail Trade - 1.3%

    

Boot Barn Holdings, Inc. *

     1,200       106,644  
 

 

   
SEPTEMBER 30, 2021    1

    

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2021

Sit Small Cap Dividend Growth Fund (Continued)

 

     
Name of Issuer       Quantity           Fair Value ($)  

Casey’s General Stores, Inc.

     1,025       193,161  
   

 

 

  
      299,805  
   

 

 

  

Technology Services - 3.8%

    

Globant SA *

     1,625       456,641  

ManTech International Corp.

     1,800       136,656  

Science Applications International Corp.

     3,075       263,097  
   

 

 

  
      856,394  
   

 

 

  

Transportation - 3.7%

    

Knight-Swift Transportation Holdings, Inc.

     6,400       327,360  

Marten Transport, Ltd.

     8,450       132,580  

TFI International, Inc.

     3,475       355,076  
   

 

 

  
      815,016  
   

 

 

  

Utilities - 1.9%

    

Black Hills Corp.

     4,000       251,040  

Spire, Inc.

     2,950       180,481  
   

 

 

  
      431,521  
   

 

 

  

Total Common Stocks
(cost: $14,594,840)

       21,475,115  
   

 

 

  

Short-Term Securities - 4.3%

    

Fidelity Inst. Money Mkt. Gvt. Fund, 0.01%
(cost $953,229)

     953,229       953,229  
   

 

 

  

Total Investments in Securities - 100.5%
(cost $15,548,069)

       22,428,344  

Other Assets and Liabilities, net - (0.5)%

       (104,095 ) 
   

 

 

  

Total Net Assets - 100.0%

       $22,324,249  
   

 

 

  

 

*

Non-income producing security.

PLC — Public Limited Company

 

 

Numeric footnotes not disclosed are not applicable to this Schedule of Investments.

A summary of the levels for the Fund’s investments as of September 30, 2021 is as follows:

 

     Investment in Securities  
    

Level 1

Quoted

        Prices ($)        

     

Level 2

Other significant

observable inputs ($)  

     

Level 3

Significant

    unobservable inputs ($)    

              Total ($)          
  

 

 

  

Common Stocks**

      21,475,115        —                  —                  21,475,115    

Short-Term Securities

      953,229        —                  —                  953,229    
  

 

 

  

Total:

      22,428,344        —                  —                  22,428,344    
  

 

 

  

 

**

For equity securities categorized in a single level, refer to the Schedule of Investments for further breakdown.

There were no transfers into or out of level 3 during the reporting period.

For additional information about significant accounting policies, including valuation of investments, refer to the Fund’s most recent annual report.

 

   
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