Holdings of the Fund as of 11/14/2025
Total Number of Holdings (excluding cash): 152
| Stoke Therapeutics, Inc. |
STOK |
86150R107 |
Health Care |
154,819 |
$4,104,251.69 |
2.01% |
| TETRA Technologies, Inc. |
TTI |
88162F105 |
Energy |
418,398 |
$3,221,664.60 |
1.58% |
| Plymouth Industrial REIT, Inc. |
PLYM |
729640102 |
Real Estate |
139,866 |
$3,120,410.46 |
1.53% |
| Ameresco, Inc. (Class A) |
AMRC |
02361E108 |
Industrials |
95,871 |
$3,083,211.36 |
1.51% |
| Deluxe Corporation |
DLX |
248019101 |
Industrials |
140,905 |
$2,847,690.05 |
1.40% |
| Universal Insurance Holdings, Inc. |
UVE |
91359V107 |
Financials |
80,010 |
$2,752,344.00 |
1.35% |
| The ODP Corporation |
ODP |
88337F105 |
Consumer Discretionary |
94,441 |
$2,632,070.67 |
1.29% |
| United Fire Group, Inc. |
UFCS |
910340108 |
Financials |
68,822 |
$2,553,984.42 |
1.25% |
| Hanmi Financial Corporation |
HAFC |
410495204 |
Financials |
93,760 |
$2,534,332.80 |
1.24% |
| Central Pacific Financial Corp. |
CPF |
154760409 |
Financials |
84,700 |
$2,500,344.00 |
1.23% |
| GigaCloud Technology Inc (Class A) |
GCT |
G38644103 |
Consumer Discretionary |
82,669 |
$2,514,790.98 |
1.23% |
| Standard Motor Products, Inc. |
SMP |
853666105 |
Consumer Discretionary |
65,574 |
$2,451,811.86 |
1.20% |
| Rigel Pharmaceuticals, Inc. |
RIGL |
766559702 |
Health Care |
56,309 |
$2,361,599.46 |
1.16% |
| TrustCo Bank Corp NY |
TRST |
898349204 |
Financials |
59,178 |
$2,373,037.80 |
1.16% |
| Business First Bancshares, Inc. |
BFST |
12326C105 |
Financials |
92,931 |
$2,340,002.58 |
1.15% |
| NB Bancorp, Inc. |
NBBK |
63945M107 |
Financials |
121,222 |
$2,338,372.38 |
1.15% |
| American Axle & Manufacturing Holdings, Inc. |
AXL |
024061103 |
Consumer Discretionary |
372,515 |
$2,302,142.70 |
1.13% |
| CNB Financial Corporation |
CCNE |
126128107 |
Financials |
91,732 |
$2,291,465.36 |
1.12% |
| Douglas Dynamics, Inc. |
PLOW |
25960R105 |
Industrials |
72,331 |
$2,234,304.59 |
1.09% |
| Horizon Bancorp, Inc. |
HBNC |
440407104 |
Financials |
138,434 |
$2,234,324.76 |
1.09% |
| Heritage Insurance Holdings, Inc. |
HRTG |
42727J102 |
Financials |
69,969 |
$2,178,834.66 |
1.07% |
| Kimball Electronics, Inc. |
KE |
49428J109 |
Information Technology |
76,535 |
$2,169,001.90 |
1.06% |
| Camden National Corporation |
CAC |
133034108 |
Financials |
53,116 |
$2,095,957.36 |
1.03% |
| First Financial Corporation |
THFF |
320218100 |
Financials |
37,203 |
$2,111,642.28 |
1.03% |
| Orrstown Financial Services, Inc. |
ORRF |
687380105 |
Financials |
61,187 |
$2,107,280.28 |
1.03% |
| Genco Shipping & Trading Limited |
GNK |
Y2685T131 |
Industrials |
118,676 |
$2,083,950.56 |
1.02% |
| Sun Country Airlines Holdings, Inc. |
SNCY |
866683105 |
Industrials |
167,372 |
$2,072,065.36 |
1.02% |
| Carriage Services, Inc. |
CSV |
143905107 |
Consumer Discretionary |
49,280 |
$2,034,771.20 |
1.00% |
| Equity Bancshares, Inc. (Class A) |
EQBK |
29460X109 |
Financials |
48,264 |
$2,028,053.28 |
0.99% |
| PRA Group, Inc. |
PRAA |
69354N106 |
Financials |
122,663 |
$2,003,086.79 |
0.98% |
| Sinclair, Inc. |
SBGI |
829242106 |
Communication Services |
123,843 |
$1,991,395.44 |
0.98% |
| John B. Sanfilippo & Son, Inc. |
JBSS |
800422107 |
Consumer Staples |
28,759 |
$1,970,279.09 |
0.97% |
| American Public Education, Inc. |
APEI |
02913V103 |
Consumer Discretionary |
56,717 |
$1,950,497.63 |
0.96% |
| Insteel Industries, Inc. |
IIIN |
45774W108 |
Industrials |
60,933 |
$1,945,590.69 |
0.95% |
| Resolute Holdings Management, Inc. |
RHLD |
76134H101 |
Industrials |
11,509 |
$1,907,041.30 |
0.93% |
| Build-A-Bear Workshop, Inc. |
BBW |
120076104 |
Consumer Discretionary |
38,447 |
$1,872,368.90 |
0.92% |
| Seneca Foods Corporation |
SENEA |
817070501 |
Consumer Staples |
15,479 |
$1,881,936.82 |
0.92% |
| Whitestone REIT |
WSR |
966084204 |
Real Estate |
140,939 |
$1,881,535.65 |
0.92% |
| Oil-Dri Corporation of America |
ODC |
677864100 |
Consumer Staples |
32,548 |
$1,858,165.32 |
0.91% |
| Gannett Co., Inc. |
GCI |
36472T109 |
Communication Services |
389,067 |
$1,805,270.88 |
0.88% |
| Koppers Holdings Inc. |
KOP |
50060P106 |
Materials |
61,893 |
$1,791,183.42 |
0.88% |
| Capital City Bank Group, Inc. |
CCBG |
139674105 |
Financials |
43,398 |
$1,772,374.32 |
0.87% |
| Alerus Financial Corporation |
ALRS |
01446U103 |
Financials |
79,724 |
$1,731,605.28 |
0.85% |
| Hovnanian Enterprises, Inc. (Class A) |
HOV |
442487401 |
Consumer Discretionary |
14,322 |
$1,727,806.08 |
0.85% |
| LSI Industries Inc. |
LYTS |
50216C108 |
Industrials |
94,190 |
$1,733,096.00 |
0.85% |
| NWPX Infrastructure Inc. |
NWPX |
667746101 |
Industrials |
30,306 |
$1,732,897.08 |
0.85% |
| HomeTrust Bancshares, Inc. |
HTB |
437872104 |
Financials |
42,390 |
$1,710,860.40 |
0.84% |
| Consolidated Water Co. Ltd. |
CWCO |
G23773107 |
Utilities |
46,999 |
$1,680,684.24 |
0.82% |
| SmartFinancial, Inc. |
SMBK |
83190L208 |
Financials |
45,950 |
$1,654,659.50 |
0.81% |
| NerdWallet, Inc. (Class A) |
NRDS |
64082B102 |
Financials |
116,854 |
$1,633,618.92 |
0.80% |
| Northrim BanCorp, Inc. |
NRIM |
666762109 |
Financials |
69,352 |
$1,619,369.20 |
0.79% |
| Southern Missouri Bancorp, Inc. |
SMBC |
843380106 |
Financials |
29,795 |
$1,622,039.80 |
0.79% |
| CytomX Therapeutics, Inc. |
CTMX |
23284F105 |
Health Care |
408,984 |
$1,586,857.92 |
0.78% |
| Farmers National Banc Corp. |
FMNB |
309627107 |
Financials |
118,183 |
$1,570,652.07 |
0.77% |
| National Presto Industries, Inc. |
NPK |
637215104 |
Industrials |
16,610 |
$1,575,292.40 |
0.77% |
| A-Mark Precious Metals, Inc. |
AMRK |
00181T107 |
Consumer Discretionary |
61,843 |
$1,560,917.32 |
0.76% |
| Shore Bancshares, Inc. |
SHBI |
825107105 |
Financials |
96,512 |
$1,544,192.00 |
0.76% |
| Arhaus, Inc. (Class A) |
ARHS |
04035M102 |
Consumer Discretionary |
169,076 |
$1,526,756.28 |
0.75% |
| Cass Information Systems, Inc. |
CASS |
14808P109 |
Financials |
36,924 |
$1,524,591.96 |
0.75% |
| Great Southern Bancorp, Inc. |
GSBC |
390905107 |
Financials |
26,315 |
$1,538,901.20 |
0.75% |
| OneSpan Inc. |
OSPN |
68287N100 |
Information Technology |
120,311 |
$1,524,340.37 |
0.75% |
| Third Coast Bancshares, Inc. |
TCBX |
88422P109 |
Financials |
39,597 |
$1,481,323.77 |
0.73% |
| South Plains Financial, Inc. |
SPFI |
83946P107 |
Financials |
38,229 |
$1,445,438.49 |
0.71% |
| SandRidge Energy, Inc. |
SD |
80007P869 |
Energy |
99,078 |
$1,429,695.54 |
0.70% |
| Climb Global Solutions, Inc. |
CLMB |
946760105 |
Information Technology |
12,801 |
$1,399,149.30 |
0.69% |
| Eastman Kodak Company |
KODK |
277461406 |
Information Technology |
185,623 |
$1,371,753.97 |
0.67% |
| First Business Financial Services, Inc. |
FBIZ |
319390100 |
Financials |
26,128 |
$1,365,710.56 |
0.67% |
| Investors Title Company |
ITIC |
461804106 |
Financials |
4,919 |
$1,365,514.40 |
0.67% |
| Peoples Financial Services Corp. |
PFIS |
711040105 |
Financials |
28,867 |
$1,368,584.47 |
0.67% |
| California BanCorp |
BCAL |
84252A106 |
Financials |
70,436 |
$1,341,101.44 |
0.66% |
| Civista Bancshares, Inc. |
CIVB |
178867107 |
Financials |
60,628 |
$1,328,965.76 |
0.65% |
| Consensus Cloud Solutions, Inc. |
CCSI |
20848V105 |
Information Technology |
59,573 |
$1,332,648.01 |
0.65% |
| Peapack-Gladstone Financial Corporation |
PGC |
704699107 |
Financials |
50,035 |
$1,300,910.00 |
0.64% |
| ChoiceOne Financial Services, Inc. |
COFS |
170386106 |
Financials |
43,365 |
$1,291,409.70 |
0.63% |
| VAALCO Energy, Inc. |
EGY |
91851C201 |
Energy |
327,291 |
$1,263,343.26 |
0.62% |
| Carter Bankshares, Inc. |
CARE |
146103106 |
Financials |
71,167 |
$1,247,557.51 |
0.61% |
| The Manitowoc Company, Inc. |
MTW |
563571405 |
Industrials |
111,314 |
$1,237,811.68 |
0.61% |
| Gray Media, Inc. |
GTN |
389375106 |
Communication Services |
260,810 |
$1,212,766.50 |
0.59% |
| Northfield Bancorp, Inc. |
NFBK |
66611T108 |
Financials |
114,192 |
$1,209,293.28 |
0.59% |
| Nutex Health Inc. |
NUTX |
67079U306 |
Health Care |
11,335 |
$1,214,091.85 |
0.59% |
| Home Bancorp, Inc. |
HBCP |
43689E107 |
Financials |
21,617 |
$1,177,261.82 |
0.58% |
| Smith & Wesson Brands Inc. |
SWBI |
831754106 |
Consumer Discretionary |
139,100 |
$1,178,177.00 |
0.58% |
| Kearny Financial Corp. |
KRNY |
48716P108 |
Financials |
180,423 |
$1,167,336.81 |
0.57% |
| Bridgewater Bancshares, Inc. |
BWB |
108621103 |
Financials |
68,158 |
$1,142,328.08 |
0.56% |
| Community West Bancshares |
CWBC |
203937107 |
Financials |
53,451 |
$1,152,938.07 |
0.56% |
| Orion Group Holdings, Inc. |
ORN |
68628V308 |
Industrials |
118,501 |
$1,124,574.49 |
0.55% |
| Portillo's Inc. (Class A) |
PTLO |
73642K106 |
Consumer Discretionary |
225,730 |
$1,081,246.70 |
0.53% |
| Regional Management Corp. |
RM |
75902K106 |
Financials |
27,993 |
$1,051,697.01 |
0.52% |
| Diamond Hill Investment Group, Inc. |
DHIL |
25264R207 |
Financials |
7,956 |
$1,035,871.20 |
0.51% |
| Donegal Group Inc. (Class A) |
DGICA |
257701201 |
Financials |
52,436 |
$1,047,671.28 |
0.51% |
| Flowco Holdings Inc. (Class A) |
FLOC |
342909108 |
Energy |
63,020 |
$1,039,830.00 |
0.51% |
| Luxfer Holdings Plc |
LXFR |
G5698W116 |
Industrials |
84,019 |
$1,014,109.33 |
0.50% |
| Natural Gas Services Group, Inc. |
NGS |
63886Q109 |
Energy |
34,254 |
$1,012,548.24 |
0.50% |
| Capital Bancorp, Inc. |
CBNK |
139737100 |
Financials |
35,922 |
$997,913.16 |
0.49% |
| Village Super Market, Inc. |
VLGEA |
927107409 |
Consumer Staples |
29,368 |
$1,004,385.60 |
0.49% |
| Genie Energy Ltd. (Class B) |
GNE |
372284208 |
Utilities |
66,280 |
$967,688.00 |
0.47% |
| Nature's Sunshine Products, Inc. |
NATR |
639027101 |
Consumer Staples |
44,845 |
$949,368.65 |
0.47% |
| American Coastal Insurance Corporation |
ACIC |
910710102 |
Financials |
78,073 |
$911,892.64 |
0.45% |
| Movado Group, Inc. |
MOV |
624580106 |
Consumer Discretionary |
49,534 |
$925,295.12 |
0.45% |
| Spok Holdings, Inc. |
SPOK |
84863T106 |
Communication Services |
64,640 |
$898,496.00 |
0.44% |
| OppFi, Inc. |
OPFI |
68386H103 |
Financials |
89,023 |
$875,096.09 |
0.43% |
| Onity Group Inc. |
ONIT |
675746606 |
Financials |
19,976 |
$862,963.20 |
0.42% |
| Orange County Bancorp, Inc. |
OBT |
68417L107 |
Financials |
32,721 |
$866,124.87 |
0.42% |
| Orion S.A. |
OEC |
L72967109 |
Materials |
176,268 |
$842,561.04 |
0.41% |
| Riley Exploration Permian, Inc. |
REPX |
76665T102 |
Energy |
31,830 |
$832,354.50 |
0.41% |
| Strattec Security Corporation |
STRT |
863111100 |
Consumer Discretionary |
12,679 |
$841,758.81 |
0.41% |
| Central Garden & Pet Company |
CENT |
153527106 |
Consumer Staples |
25,447 |
$806,415.43 |
0.40% |
| Hudson Technologies, Inc. |
HDSN |
444144109 |
Industrials |
120,634 |
$819,104.86 |
0.40% |
| Nathan's Famous, Inc. |
NATH |
632347100 |
Consumer Discretionary |
8,217 |
$806,169.87 |
0.40% |
| BK Technologies Corporation |
BKTI |
05587G203 |
Information Technology |
11,722 |
$766,970.46 |
0.38% |
| NewtekOne, Inc. |
NEWT |
652526203 |
Financials |
77,673 |
$780,613.65 |
0.38% |
| SIGA Technologies, Inc. |
SIGA |
826917106 |
Health Care |
130,377 |
$782,262.00 |
0.38% |
| RBB Bancorp |
RBB |
74930B105 |
Financials |
39,533 |
$761,405.58 |
0.37% |
| Rocky Brands, Inc. |
RCKY |
774515100 |
Consumer Discretionary |
23,444 |
$706,602.16 |
0.35% |
| Cricut, Inc. (Class A) |
CRCT |
22658D100 |
Consumer Discretionary |
152,499 |
$701,495.40 |
0.34% |
| Mistras Group, Inc. |
MG |
60649T107 |
Industrials |
56,433 |
$702,590.85 |
0.34% |
| Pangaea Logistics Solutions Ltd. |
PANL |
G6891L105 |
Industrials |
106,501 |
$690,126.48 |
0.34% |
| C&F Financial Corporation |
CFFI |
12466Q104 |
Financials |
9,555 |
$669,614.40 |
0.33% |
| Viemed Healthcare, Inc. |
VMD |
92663R105 |
Health Care |
105,930 |
$676,892.70 |
0.33% |
| Franklin Financial Services Corporation |
FRAF |
353525108 |
Financials |
13,211 |
$644,696.80 |
0.32% |
| The E.W. Scripps Company |
SSP |
811054402 |
Communication Services |
211,718 |
$647,857.08 |
0.32% |
| Amplify Energy Corporation |
AMPY |
03212B103 |
Energy |
107,978 |
$623,033.06 |
0.31% |
| Flotek Industries, Inc. |
FTK |
343389409 |
Materials |
42,904 |
$636,266.32 |
0.31% |
| Turtle Beach Corporation |
TBCH |
900450206 |
Information Technology |
44,147 |
$624,680.05 |
0.31% |
| Frequency Electronics, Inc. |
FEIM |
358010106 |
Information Technology |
21,377 |
$606,358.61 |
0.30% |
| Karat Packaging Inc. |
KRT |
48563L101 |
Industrials |
27,123 |
$602,401.83 |
0.30% |
| Ranger Energy Services, Inc. |
RNGR |
75282U104 |
Energy |
44,571 |
$613,742.67 |
0.30% |
| TaskUs, Inc. (Class A) |
TASK |
87652V109 |
Industrials |
53,028 |
$620,957.88 |
0.30% |
| Puma Biotechnology, Inc. |
PBYI |
74587V107 |
Health Care |
121,757 |
$595,391.73 |
0.29% |
| Western New England Bancorp Inc. |
WNEB |
958892101 |
Financials |
50,820 |
$599,167.80 |
0.29% |
| First Western Financial, Inc. |
MYFW |
33751L105 |
Financials |
24,101 |
$574,567.84 |
0.28% |
| Immersion Corporation |
IMMR |
452521107 |
Information Technology |
85,427 |
$547,587.07 |
0.27% |
| Legacy Housing Corporation |
LEGH |
52472M101 |
Consumer Discretionary |
28,474 |
$558,659.88 |
0.27% |
| Northpointe Bancshares, Inc. |
NPB |
66661N886 |
Financials |
32,364 |
$544,686.12 |
0.27% |
| Velocity Financial, Inc. |
VEL |
92262D101 |
Financials |
30,167 |
$553,866.12 |
0.27% |
| American Integrity Insurance Group, Inc. |
AII |
026948109 |
Financials |
21,504 |
$536,739.84 |
0.26% |
| Kingstone Companies, Inc. |
KINS |
496719105 |
Financials |
36,845 |
$529,462.65 |
0.26% |
| OP Bancorp |
OPBK |
67109R109 |
Financials |
36,450 |
$481,140.00 |
0.24% |
| RE/MAX Holdings, Inc. (Class A) |
RMAX |
75524W108 |
Real Estate |
62,879 |
$474,107.66 |
0.23% |
| America's Car-Mart, Inc. |
CRMT |
03062T105 |
Consumer Discretionary |
24,687 |
$450,044.01 |
0.22% |
| US Dollar |
$USD |
|
Other |
428,792 |
$428,792.25 |
0.21% |
| M-Tron Industries, Inc. |
MPTI |
55380K109 |
Information Technology |
8,169 |
$415,720.41 |
0.20% |
| Energy Services of America Corporation |
ESOA |
29271Q103 |
Energy |
38,681 |
$391,064.91 |
0.19% |
| Finance of America Companies Inc. (Class A) |
FOA |
31738L206 |
Financials |
16,694 |
$383,795.06 |
0.19% |
| GCI Liberty, Inc. (Class A) |
GLIBA |
36164V602 |
Communication Services |
10,430 |
$346,693.20 |
0.17% |
| Riverview Bancorp, Inc. |
RVSB |
769397100 |
Financials |
65,761 |
$349,190.91 |
0.17% |
| Epsilon Energy Ltd. |
EPSN |
294375209 |
Energy |
60,246 |
$292,193.10 |
0.14% |
| PrimeEnergy Resources Corporation |
PNRG |
74158E104 |
Energy |
2,086 |
$291,143.02 |
0.14% |
| RCM Technologies, Inc. |
RCMT |
749360400 |
Industrials |
15,122 |
$293,820.46 |
0.14% |
| CPI Card Group Inc. |
PMTS |
12634H200 |
Information Technology |
19,574 |
$255,440.70 |
0.13% |
| Espey Mfg. & Electronics Corp. |
ESP |
296650104 |
Industrials |
6,577 |
$250,846.78 |
0.12% |
| Pro-Dex, Inc. |
PDEX |
74265M205 |
Health Care |
5,733 |
$183,971.97 |
0.09% |
| The Arena Group Holdings, Inc. |
AREN |
040044109 |
Communication Services |
37,252 |
$160,928.64 |
0.08% |
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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