Holdings of the Fund as of 11/4/2025
Total Number of Holdings (excluding cash): 152
| Stoke Therapeutics, Inc. |
STOK |
86150R107 |
Health Care |
155,057 |
$3,929,144.38 |
1.98% |
| Ameresco, Inc. (Class A) |
AMRC |
02361E108 |
Industrials |
96,018 |
$3,483,533.04 |
1.75% |
| Plymouth Industrial REIT, Inc. |
PLYM |
729640102 |
Real Estate |
140,081 |
$3,095,790.10 |
1.56% |
| TETRA Technologies, Inc. |
TTI |
88162F105 |
Energy |
419,042 |
$2,933,294.00 |
1.47% |
| The ODP Corporation |
ODP |
88337F105 |
Consumer Discretionary |
94,586 |
$2,629,490.80 |
1.32% |
| Universal Insurance Holdings, Inc. |
UVE |
91359V107 |
Financials |
80,133 |
$2,585,891.91 |
1.30% |
| Deluxe Corporation |
DLX |
248019101 |
Industrials |
141,122 |
$2,572,654.06 |
1.29% |
| Hanmi Financial Corporation |
HAFC |
410495204 |
Financials |
93,904 |
$2,492,212.16 |
1.25% |
| Standard Motor Products, Inc. |
SMP |
853666105 |
Consumer Discretionary |
65,675 |
$2,472,007.00 |
1.24% |
| Central Pacific Financial Corp. |
CPF |
154760409 |
Financials |
84,830 |
$2,441,407.40 |
1.23% |
| American Axle & Manufacturing Holdings, Inc. |
AXL |
024061103 |
Consumer Discretionary |
373,088 |
$2,339,261.76 |
1.18% |
| Business First Bancshares, Inc. |
BFST |
12326C105 |
Financials |
93,074 |
$2,291,481.88 |
1.15% |
| TrustCo Bank Corp NY |
TRST |
898349204 |
Financials |
59,269 |
$2,271,780.77 |
1.14% |
| CNB Financial Corporation |
CCNE |
126128107 |
Financials |
91,873 |
$2,247,213.58 |
1.13% |
| GigaCloud Technology Inc (Class A) |
GCT |
G38644103 |
Consumer Discretionary |
82,797 |
$2,200,744.26 |
1.11% |
| Kimball Electronics, Inc. |
KE |
49428J109 |
Information Technology |
76,652 |
$2,206,811.08 |
1.11% |
| Horizon Bancorp, Inc. |
HBNC |
440407104 |
Financials |
138,647 |
$2,165,666.14 |
1.09% |
| Douglas Dynamics, Inc. |
PLOW |
25960R105 |
Industrials |
72,443 |
$2,147,934.95 |
1.08% |
| LSI Industries Inc. |
LYTS |
50216C108 |
Industrials |
94,335 |
$2,152,724.70 |
1.08% |
| United Fire Group, Inc. |
UFCS |
910340108 |
Financials |
68,928 |
$2,129,875.20 |
1.07% |
| Carriage Services, Inc. |
CSV |
143905107 |
Consumer Discretionary |
49,356 |
$2,117,865.96 |
1.06% |
| Orrstown Financial Services, Inc. |
ORRF |
687380105 |
Financials |
61,281 |
$2,049,236.64 |
1.03% |
| Camden National Corporation |
CAC |
133034108 |
Financials |
53,198 |
$2,034,823.50 |
1.02% |
| First Financial Corporation |
THFF |
320218100 |
Financials |
37,260 |
$2,001,234.60 |
1.01% |
| Sun Country Airlines Holdings, Inc. |
SNCY |
866683105 |
Industrials |
167,629 |
$1,999,813.97 |
1.01% |
| Gannett Co., Inc. |
GCI |
36472T109 |
Communication Services |
389,666 |
$1,983,399.94 |
1.00% |
| Build-A-Bear Workshop, Inc. |
BBW |
120076104 |
Consumer Discretionary |
38,506 |
$1,969,581.90 |
0.99% |
| Equity Bancshares, Inc. (Class A) |
EQBK |
29460X109 |
Financials |
48,338 |
$1,972,190.40 |
0.99% |
| Genco Shipping & Trading Limited |
GNK |
Y2685T131 |
Industrials |
118,858 |
$1,957,591.26 |
0.98% |
| John B. Sanfilippo & Son, Inc. |
JBSS |
800422107 |
Consumer Staples |
28,803 |
$1,958,027.94 |
0.98% |
| NWPX Infrastructure Inc. |
NWPX |
667746101 |
Industrials |
30,353 |
$1,932,879.04 |
0.97% |
| Insteel Industries, Inc. |
IIIN |
45774W108 |
Industrials |
61,026 |
$1,913,165.10 |
0.96% |
| NB Bancorp, Inc. |
NBBK |
63945M107 |
Financials |
105,181 |
$1,872,221.80 |
0.94% |
| Whitestone REIT |
WSR |
966084204 |
Real Estate |
141,156 |
$1,860,436.08 |
0.94% |
| National Presto Industries, Inc. |
NPK |
637215104 |
Industrials |
16,635 |
$1,812,050.55 |
0.91% |
| Oil-Dri Corporation of America |
ODC |
677864100 |
Consumer Staples |
32,598 |
$1,815,056.64 |
0.91% |
| American Public Education, Inc. |
APEI |
02913V103 |
Consumer Discretionary |
56,804 |
$1,789,326.00 |
0.90% |
| Hovnanian Enterprises, Inc. (Class A) |
HOV |
442487401 |
Consumer Discretionary |
14,344 |
$1,768,471.76 |
0.89% |
| Koppers Holdings Inc. |
KOP |
50060P106 |
Materials |
61,989 |
$1,750,569.36 |
0.88% |
| Capital City Bank Group, Inc. |
CCBG |
139674105 |
Financials |
43,464 |
$1,715,958.72 |
0.86% |
| Consensus Cloud Solutions, Inc. |
CCSI |
20848V105 |
Information Technology |
59,665 |
$1,712,385.50 |
0.86% |
| Resolute Holdings Management, Inc. |
RHLD |
76134H101 |
Industrials |
11,527 |
$1,701,846.28 |
0.86% |
| Alerus Financial Corporation |
ALRS |
01446U103 |
Financials |
79,847 |
$1,671,197.71 |
0.84% |
| CytomX Therapeutics, Inc. |
CTMX |
23284F105 |
Health Care |
409,614 |
$1,675,321.26 |
0.84% |
| Heritage Insurance Holdings, Inc. |
HRTG |
42727J102 |
Financials |
70,077 |
$1,675,541.07 |
0.84% |
| HomeTrust Bancshares, Inc. |
HTB |
437872104 |
Financials |
42,456 |
$1,679,559.36 |
0.84% |
| Arhaus, Inc. (Class A) |
ARHS |
04035M102 |
Consumer Discretionary |
169,337 |
$1,642,568.90 |
0.83% |
| Sinclair, Inc. |
SBGI |
829242106 |
Communication Services |
124,033 |
$1,657,080.88 |
0.83% |
| Consolidated Water Co. Ltd. |
CWCO |
G23773107 |
Utilities |
47,071 |
$1,626,773.76 |
0.82% |
| PRA Group, Inc. |
PRAA |
69354N106 |
Financials |
122,851 |
$1,601,977.04 |
0.81% |
| SmartFinancial, Inc. |
SMBK |
83190L208 |
Financials |
46,020 |
$1,619,443.80 |
0.81% |
| Southern Missouri Bancorp, Inc. |
SMBC |
843380106 |
Financials |
29,841 |
$1,615,591.74 |
0.81% |
| Rigel Pharmaceuticals, Inc. |
RIGL |
766559702 |
Health Care |
56,395 |
$1,600,490.10 |
0.80% |
| Seneca Foods Corporation |
SENEA |
817070501 |
Consumer Staples |
15,503 |
$1,595,723.79 |
0.80% |
| Northrim BanCorp, Inc. |
NRIM |
666762109 |
Financials |
69,459 |
$1,546,157.34 |
0.78% |
| A-Mark Precious Metals, Inc. |
AMRK |
00181T107 |
Consumer Discretionary |
61,938 |
$1,531,726.74 |
0.77% |
| Farmers National Banc Corp. |
FMNB |
309627107 |
Financials |
118,365 |
$1,539,928.65 |
0.77% |
| Shore Bancshares, Inc. |
SHBI |
825107105 |
Financials |
96,660 |
$1,524,328.20 |
0.77% |
| Great Southern Bancorp, Inc. |
GSBC |
390905107 |
Financials |
26,356 |
$1,474,881.76 |
0.74% |
| Cass Information Systems, Inc. |
CASS |
14808P109 |
Financials |
36,981 |
$1,447,806.15 |
0.73% |
| Climb Global Solutions, Inc. |
CLMB |
946760105 |
Information Technology |
12,821 |
$1,451,978.25 |
0.73% |
| OneSpan Inc. |
OSPN |
68287N100 |
Information Technology |
120,497 |
$1,442,349.09 |
0.73% |
| Nutex Health Inc. |
NUTX |
67079U306 |
Health Care |
11,352 |
$1,438,411.92 |
0.72% |
| Third Coast Bancshares, Inc. |
TCBX |
88422P109 |
Financials |
39,658 |
$1,433,240.12 |
0.72% |
| NerdWallet, Inc. (Class A) |
NRDS |
64082B102 |
Financials |
117,034 |
$1,403,237.66 |
0.71% |
| South Plains Financial, Inc. |
SPFI |
83946P107 |
Financials |
38,288 |
$1,393,300.32 |
0.70% |
| First Business Financial Services, Inc. |
FBIZ |
319390100 |
Financials |
26,168 |
$1,323,315.76 |
0.67% |
| California BanCorp |
BCAL |
84252A106 |
Financials |
70,545 |
$1,313,547.90 |
0.66% |
| Investors Title Company |
ITIC |
461804106 |
Financials |
4,927 |
$1,306,295.51 |
0.66% |
| Civista Bancshares, Inc. |
CIVB |
178867107 |
Financials |
60,721 |
$1,297,000.56 |
0.65% |
| Peoples Financial Services Corp. |
PFIS |
711040105 |
Financials |
28,911 |
$1,300,127.67 |
0.65% |
| Orion Group Holdings, Inc. |
ORN |
68628V308 |
Industrials |
118,683 |
$1,268,721.27 |
0.64% |
| Smith & Wesson Brands Inc. |
SWBI |
831754106 |
Consumer Discretionary |
139,314 |
$1,280,295.66 |
0.64% |
| ChoiceOne Financial Services, Inc. |
COFS |
170386106 |
Financials |
43,432 |
$1,253,881.84 |
0.63% |
| Carter Bankshares, Inc. |
CARE |
146103106 |
Financials |
71,276 |
$1,230,223.76 |
0.62% |
| Peapack-Gladstone Financial Corporation |
PGC |
704699107 |
Financials |
50,112 |
$1,240,773.12 |
0.62% |
| VAALCO Energy, Inc. |
EGY |
91851C201 |
Energy |
327,795 |
$1,242,343.05 |
0.62% |
| Gray Media, Inc. |
GTN |
389375106 |
Communication Services |
261,211 |
$1,180,673.72 |
0.59% |
| SandRidge Energy, Inc. |
SD |
80007P869 |
Energy |
99,230 |
$1,178,852.40 |
0.59% |
| Home Bancorp, Inc. |
HBCP |
43689E107 |
Financials |
21,650 |
$1,151,996.50 |
0.58% |
| Kearny Financial Corp. |
KRNY |
48716P108 |
Financials |
180,701 |
$1,149,258.36 |
0.58% |
| Northfield Bancorp, Inc. |
NFBK |
66611T108 |
Financials |
114,367 |
$1,161,968.72 |
0.58% |
| Bridgewater Bancshares, Inc. |
BWB |
108621103 |
Financials |
68,263 |
$1,127,022.13 |
0.57% |
| Community West Bancshares |
CWBC |
203937107 |
Financials |
53,533 |
$1,131,687.62 |
0.57% |
| Regional Management Corp. |
RM |
75902K106 |
Financials |
28,036 |
$1,105,739.84 |
0.56% |
| The Manitowoc Company, Inc. |
MTW |
563571405 |
Industrials |
111,486 |
$1,117,089.72 |
0.56% |
| Portillo's Inc. (Class A) |
PTLO |
73642K106 |
Consumer Discretionary |
226,078 |
$1,098,739.08 |
0.55% |
| Eastman Kodak Company |
KODK |
277461406 |
Information Technology |
185,909 |
$1,076,413.11 |
0.54% |
| SIGA Technologies, Inc. |
SIGA |
826917106 |
Health Care |
130,578 |
$1,062,904.92 |
0.53% |
| Hudson Technologies, Inc. |
HDSN |
444144109 |
Industrials |
120,820 |
$1,025,761.80 |
0.52% |
| Luxfer Holdings Plc |
LXFR |
G5698W116 |
Industrials |
84,148 |
$1,040,069.28 |
0.52% |
| Capital Bancorp, Inc. |
CBNK |
139737100 |
Financials |
35,977 |
$1,008,795.08 |
0.51% |
| Diamond Hill Investment Group, Inc. |
DHIL |
25264R207 |
Financials |
7,968 |
$1,014,326.40 |
0.51% |
| Flowco Holdings Inc. (Class A) |
FLOC |
342909108 |
Energy |
63,117 |
$1,015,552.53 |
0.51% |
| Donegal Group Inc. (Class A) |
DGICA |
257701201 |
Financials |
52,516 |
$988,876.28 |
0.50% |
| Genie Energy Ltd. (Class B) |
GNE |
372284208 |
Utilities |
66,382 |
$978,470.68 |
0.49% |
| Natural Gas Services Group, Inc. |
NGS |
63886Q109 |
Energy |
34,307 |
$960,596.00 |
0.48% |
| Village Super Market, Inc. |
VLGEA |
927107409 |
Consumer Staples |
29,414 |
$949,189.78 |
0.48% |
| American Coastal Insurance Corporation |
ACIC |
910710102 |
Financials |
78,194 |
$943,019.64 |
0.47% |
| Spok Holdings, Inc. |
SPOK |
84863T106 |
Communication Services |
64,740 |
$891,469.80 |
0.45% |
| Movado Group, Inc. |
MOV |
624580106 |
Consumer Discretionary |
49,610 |
$883,058.00 |
0.44% |
| Nathan's Famous, Inc. |
NATH |
632347100 |
Consumer Discretionary |
8,230 |
$880,198.50 |
0.44% |
| BK Technologies Corporation |
BKTI |
05587G203 |
Information Technology |
11,740 |
$858,663.60 |
0.43% |
| OppFi, Inc. |
OPFI |
68386H103 |
Financials |
89,160 |
$862,177.20 |
0.43% |
| Orion S.A. |
OEC |
L72967109 |
Materials |
176,540 |
$865,046.00 |
0.43% |
| NewtekOne, Inc. |
NEWT |
652526203 |
Financials |
77,793 |
$816,048.57 |
0.41% |
| Orange County Bancorp, Inc. |
OBT |
68417L107 |
Financials |
32,771 |
$822,552.10 |
0.41% |
| Riley Exploration Permian, Inc. |
REPX |
76665T102 |
Energy |
31,879 |
$804,944.75 |
0.40% |
| Strattec Security Corporation |
STRT |
863111100 |
Consumer Discretionary |
12,699 |
$794,957.40 |
0.40% |
| Central Garden & Pet Company |
CENT |
153527106 |
Consumer Staples |
25,486 |
$782,929.92 |
0.39% |
| Onity Group Inc. |
ONIT |
675746606 |
Financials |
20,007 |
$781,473.42 |
0.39% |
| Cricut, Inc. (Class A) |
CRCT |
22658D100 |
Consumer Discretionary |
152,734 |
$765,197.34 |
0.38% |
| Frequency Electronics, Inc. |
FEIM |
358010106 |
Information Technology |
21,410 |
$727,297.70 |
0.37% |
| RBB Bancorp |
RBB |
74930B105 |
Financials |
39,594 |
$740,407.80 |
0.37% |
| Flotek Industries, Inc. |
FTK |
343389409 |
Materials |
42,970 |
$713,302.00 |
0.36% |
| Turtle Beach Corporation |
TBCH |
900450206 |
Information Technology |
44,215 |
$720,262.35 |
0.36% |
| Viemed Healthcare, Inc. |
VMD |
92663R105 |
Health Care |
106,093 |
$693,848.22 |
0.35% |
| Rocky Brands, Inc. |
RCKY |
774515100 |
Consumer Discretionary |
23,480 |
$669,884.40 |
0.34% |
| TaskUs, Inc. (Class A) |
TASK |
87652V109 |
Industrials |
53,110 |
$670,779.30 |
0.34% |
| C&F Financial Corporation |
CFFI |
12466Q104 |
Financials |
9,570 |
$653,631.00 |
0.33% |
| Karat Packaging Inc. |
KRT |
48563L101 |
Industrials |
27,165 |
$648,156.90 |
0.33% |
| Legacy Housing Corporation |
LEGH |
52472M101 |
Consumer Discretionary |
28,517 |
$643,058.35 |
0.32% |
| Nature's Sunshine Products, Inc. |
NATR |
639027101 |
Consumer Staples |
44,914 |
$617,567.50 |
0.31% |
| Ranger Energy Services, Inc. |
RNGR |
75282U104 |
Energy |
44,639 |
$607,536.79 |
0.31% |
| Franklin Financial Services Corporation |
FRAF |
353525108 |
Financials |
13,231 |
$603,333.60 |
0.30% |
| Puma Biotechnology, Inc. |
PBYI |
74587V107 |
Health Care |
121,945 |
$597,530.50 |
0.30% |
| Velocity Financial, Inc. |
VEL |
92262D101 |
Financials |
30,214 |
$568,023.20 |
0.29% |
| Western New England Bancorp Inc. |
WNEB |
958892101 |
Financials |
50,898 |
$580,237.20 |
0.29% |
| First Western Financial, Inc. |
MYFW |
33751L105 |
Financials |
24,138 |
$560,001.60 |
0.28% |
| Immersion Corporation |
IMMR |
452521107 |
Information Technology |
85,558 |
$560,404.90 |
0.28% |
| America's Car-Mart, Inc. |
CRMT |
03062T105 |
Consumer Discretionary |
24,725 |
$527,507.89 |
0.27% |
| Kingstone Companies, Inc. |
KINS |
496719105 |
Financials |
36,902 |
$545,780.58 |
0.27% |
| Mistras Group, Inc. |
MG |
60649T107 |
Industrials |
56,520 |
$540,896.40 |
0.27% |
| American Integrity Insurance Group, Inc. |
AII |
026948109 |
Financials |
21,538 |
$511,527.50 |
0.26% |
| Northpointe Bancshares, Inc. |
NPB |
66661N886 |
Financials |
32,414 |
$511,817.06 |
0.26% |
| Pangaea Logistics Solutions Ltd. |
PANL |
G6891L105 |
Industrials |
106,665 |
$504,525.45 |
0.25% |
| Amplify Energy Corporation |
AMPY |
03212B103 |
Energy |
108,144 |
$486,648.00 |
0.24% |
| OP Bancorp |
OPBK |
67109R109 |
Financials |
36,506 |
$485,164.74 |
0.24% |
| RE/MAX Holdings, Inc. (Class A) |
RMAX |
75524W108 |
Real Estate |
62,976 |
$484,915.20 |
0.24% |
| The E.W. Scripps Company |
SSP |
811054402 |
Communication Services |
212,044 |
$460,135.48 |
0.23% |
| M-Tron Industries, Inc. |
MPTI |
55380K109 |
Information Technology |
8,182 |
$446,655.38 |
0.22% |
| Energy Services of America Corporation |
ESOA |
29271Q103 |
Energy |
38,740 |
$417,229.80 |
0.21% |
| GCI Liberty, Inc. (Class A) |
GLIBA |
36164V602 |
Communication Services |
10,446 |
$386,710.92 |
0.19% |
| Finance of America Companies Inc. (Class A) |
FOA |
31738L206 |
Financials |
16,720 |
$366,836.80 |
0.18% |
| RCM Technologies, Inc. |
RCMT |
749360400 |
Industrials |
15,145 |
$349,243.70 |
0.18% |
| Riverview Bancorp, Inc. |
RVSB |
769397100 |
Financials |
65,862 |
$349,068.60 |
0.18% |
| US Dollar |
$USD |
|
Other |
361,121 |
$361,121.28 |
0.18% |
| Epsilon Energy Ltd. |
EPSN |
294375209 |
Energy |
60,339 |
$289,023.81 |
0.15% |
| CPI Card Group Inc. |
PMTS |
12634H200 |
Information Technology |
19,604 |
$272,299.56 |
0.14% |
| PrimeEnergy Resources Corporation |
PNRG |
74158E104 |
Energy |
2,089 |
$278,108.57 |
0.14% |
| Espey Mfg. & Electronics Corp. |
ESP |
296650104 |
Industrials |
6,587 |
$252,809.06 |
0.13% |
| Pro-Dex, Inc. |
PDEX |
74265M205 |
Health Care |
5,742 |
$193,735.08 |
0.10% |
| The Arena Group Holdings, Inc. |
AREN |
040044109 |
Communication Services |
37,309 |
$184,679.55 |
0.09% |
Holdings are subject to change.
The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.
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