GOTHAM ESG LARGE VALUE FUND
Portfolio of Investments
December 31, 2020
(Unaudited)
Number of Shares | Value | |||||||
COMMON STOCKS — 99.4% |
| |||||||
Automobiles & Components — 0.4% |
| |||||||
Aptiv PLC (Jersey) | 26 | $ | 3,387 | |||||
BorgWarner, Inc. | 59 | 2,280 | ||||||
|
| |||||||
5,667 | ||||||||
|
| |||||||
Banks — 3.0% |
| |||||||
Citizens Financial Group, Inc. | 65 | 2,324 | ||||||
Comerica, Inc. | 33 | 1,843 | ||||||
Fifth Third Bancorp | 191 | 5,266 | ||||||
JPMorgan Chase & Co. | 77 | 9,784 | ||||||
KeyCorp | 226 | 3,709 | ||||||
M&T Bank Corp. | 29 | 3,692 | ||||||
People’s United Financial, Inc. | 97 | 1,254 | ||||||
SVB Financial Group* | 13 | 5,042 | ||||||
Truist Financial Corp. | 50 | 2,396 | ||||||
US Bancorp | 34 | 1,584 | ||||||
Zions Bancorp NA | 35 | 1,520 | ||||||
|
| |||||||
38,414 | ||||||||
|
| |||||||
Capital Goods — 15.4% |
| |||||||
3M Co. | 93 | 16,255 | ||||||
A.O. Smith Corp. | 38 | 2,083 | ||||||
AMETEK, Inc. | 54 | 6,531 | ||||||
Carrier Global Corp. | 201 | 7,582 | ||||||
Cummins, Inc. | 45 | 10,220 | ||||||
Deere & Co. | 32 | 8,610 | ||||||
Dover Corp. | 41 | 5,176 | ||||||
Eaton Corp. PLC (Ireland) | 39 | 4,685 | ||||||
Emerson Electric Co. | 91 | 7,314 | ||||||
Fortive Corp. | 78 | 5,524 | ||||||
Fortune Brands Home & Security, Inc. | 40 | 3,429 | ||||||
General Dynamics Corp. | 1 | 149 | ||||||
Honeywell International, Inc. | 98 | 20,845 | ||||||
Howmet Aerospace, Inc. | 107 | 3,054 | ||||||
IDEX Corp. | 18 | 3,586 | ||||||
Illinois Tool Works, Inc. | 40 | 8,155 | ||||||
Jacobs Engineering Group, Inc. | 30 | 3,269 | ||||||
Johnson Controls International PLC (Ireland) | 184 | 8,573 | ||||||
L3Harris Technologies, Inc. | 9 | 1,701 | ||||||
Lockheed Martin Corp. | 45 | 15,974 | ||||||
Masco Corp. | 79 | 4,339 | ||||||
Otis Worldwide Corp. | 91 | 6,147 | ||||||
PACCAR, Inc. | 30 | 2,588 | ||||||
Parker-Hannifin Corp. | 30 | 8,172 | ||||||
Pentair PLC (Ireland) | 39 | 2,071 | ||||||
Quanta Services, Inc. | 36 | 2,593 |
Number of Shares | Value | |||||||
COMMON STOCKS — (Continued) |
| |||||||
Capital Goods — (Continued) |
| |||||||
Raytheon Technologies Corp. | 21 | $ | 1,502 | |||||
Snap-on, Inc. | 14 | 2,396 | ||||||
Stanley Black & Decker, Inc. | 38 | 6,785 | ||||||
Trane Technologies PLC (Ireland) | 59 | 8,564 | ||||||
United Rentals, Inc.* | 17 | 3,942 | ||||||
WW Grainger, Inc. | 13 | 5,308 | ||||||
|
| |||||||
197,122 | ||||||||
|
| |||||||
Commercial & Professional Services — 1.6% |
| |||||||
Cintas Corp. | 15 | 5,302 | ||||||
Nielsen Holdings PLC (United | ||||||||
Kingdom) | 62 | 1,294 | ||||||
Republic Services, Inc. | 63 | 6,067 | ||||||
Robert Half International, Inc. | 27 | 1,687 | ||||||
Waste Management, Inc. | 56 | 6,604 | ||||||
|
| |||||||
20,954 | ||||||||
|
| |||||||
Consumer Durables & Apparel — 1.4% |
| |||||||
Garmin Ltd. (Switzerland) | 39 | 4,667 | ||||||
Hanesbrands, Inc. | 81 | 1,181 | ||||||
Hasbro, Inc. | 8 | 748 | ||||||
Leggett & Platt, Inc. | 24 | 1,063 | ||||||
Mohawk Industries, Inc.* | 21 | 2,960 | ||||||
Newell Brands, Inc. | 99 | 2,102 | ||||||
PulteGroup, Inc. | 5 | 216 | ||||||
PVH Corp. | 21 | 1,972 | ||||||
Whirlpool Corp. | 18 | 3,249 | ||||||
|
| |||||||
18,158 | ||||||||
|
| |||||||
Consumer Services — 0.7% |
| |||||||
Darden Restaurants, Inc. | 29 | 3,454 | ||||||
McDonald’s Corp. | 11 | 2,360 | ||||||
Yum! Brands, Inc. | 26 | 2,823 | ||||||
|
| |||||||
8,637 | ||||||||
|
| |||||||
Diversified Financials — 5.9% |
| |||||||
Berkshire Hathaway, Inc., Class B* | 43 | 9,970 | ||||||
BlackRock, Inc. | 30 | 21,646 | ||||||
Cboe Global Markets, Inc. | 25 | 2,328 | ||||||
Discover Financial Services | 54 | 4,889 | ||||||
Franklin Resources, Inc. | 148 | 3,699 | ||||||
Invesco Ltd. (Bermuda) | 128 | 2,231 | ||||||
Morgan Stanley | 27 | 1,850 | ||||||
Nasdaq, Inc. | 40 | 5,310 | ||||||
S&P Global, Inc. | 36 | 11,834 | ||||||
Synchrony Financial | 57 | 1,978 |
1
GOTHAM ESG LARGE VALUE FUND
Portfolio of Investments (Continued)
December 31, 2020
(Unaudited)
Number of Shares | Value | |||||||
COMMON STOCKS — (Continued) |
| |||||||
Diversified Financials — (Continued) |
| |||||||
T Rowe Price Group, Inc. | 66 | $ | 9,992 | |||||
|
| |||||||
75,727 | ||||||||
|
| |||||||
Energy — 2.2% |
| |||||||
Apache Corp. | 23 | 326 | ||||||
Baker Hughes Co. | 158 | 3,294 | ||||||
Halliburton Co. | 227 | 4,290 | ||||||
Kinder Morgan, Inc. | 527 | 7,204 | ||||||
National Oilwell Varco, Inc.* | 90 | 1,236 | ||||||
Schlumberger NV (Curacao) | 341 | 7,444 | ||||||
TechnipFMC PLC (United Kingdom) | 126 | 1,184 | ||||||
Williams Cos., Inc. (The) | 133 | 2,667 | ||||||
|
| |||||||
27,645 | ||||||||
|
| |||||||
Food & Staples Retailing — 1.4% |
| |||||||
Kroger Co. (The) | 180 | 5,717 | ||||||
Sysco Corp. | 125 | 9,282 | ||||||
Walgreens Boots Alliance, Inc. | 71 | 2,831 | ||||||
|
| |||||||
17,830 | ||||||||
|
| |||||||
Food, Beverage & Tobacco — 6.0% |
| |||||||
Archer-Daniels-Midland Co. | 144 | 7,259 | ||||||
Campbell Soup Co. | 82 | 3,965 | ||||||
Coca-Cola Co. (The) | 90 | 4,936 | ||||||
Conagra Brands, Inc. | 114 | 4,134 | ||||||
Constellation Brands, Inc., Class A | 45 | 9,857 | ||||||
General Mills, Inc. | 146 | 8,585 | ||||||
Hershey Co. (The) | 31 | 4,722 | ||||||
JM Smucker Co. (The) | 28 | 3,237 | ||||||
Kellogg Co. | 84 | 5,227 | ||||||
Kraft Heinz Co. (The) | 284 | 9,843 | ||||||
Lamb Weston Holdings, Inc. | 21 | 1,654 | ||||||
McCormick & Co., Inc., non-voting shares | 61 | 5,832 | ||||||
Molson Coors Beverage Co., Class B | 52 | 2,350 | ||||||
Mondelez International, Inc., Class A | 39 | 2,280 | ||||||
Monster Beverage Corp.* | 14 | 1,295 | ||||||
PepsiCo, Inc. | 11 | 1,631 | ||||||
|
| |||||||
76,807 | ||||||||
|
| |||||||
Health Care Equipment & Services — 7.5% |
| |||||||
AmerisourceBergen Corp. | 42 | 4,106 | ||||||
Anthem, Inc. | 42 | 13,486 | ||||||
Centene Corp.* | 92 | 5,523 | ||||||
Cigna Corp. | 35 | 7,286 | ||||||
CVS Health Corp. | 169 | 11,543 | ||||||
DaVita, Inc.* | 34 | 3,992 |
Number of Shares | Value | |||||||
COMMON STOCKS — (Continued) |
| |||||||
Health Care Equipment & Services — (Continued) |
| |||||||
HCA Healthcare, Inc. | 73 | $ | 12,006 | |||||
Hologic, Inc.* | 60 | 4,370 | ||||||
Humana, Inc. | 31 | 12,718 | ||||||
Laboratory Corp. of America | ||||||||
Holdings* | 23 | 4,682 | ||||||
Medtronic PLC (Ireland) | 24 | 2,811 | ||||||
Quest Diagnostics, Inc. | 32 | 3,813 | ||||||
UnitedHealth Group, Inc. | 22 | 7,715 | ||||||
Varian Medical Systems, Inc.* | 14 | 2,450 | ||||||
|
| |||||||
96,501 | ||||||||
|
| |||||||
Household & Personal Products — 3.8% |
| |||||||
Church & Dwight Co., Inc. | 45 | 3,925 | ||||||
Clorox Co. (The) | 30 | 6,058 | ||||||
Colgate-Palmolive Co. | 186 | 15,905 | ||||||
Kimberly-Clark Corp. | 83 | 11,191 | ||||||
Procter & Gamble Co. (The) | 83 | 11,549 | ||||||
|
| |||||||
48,628 | ||||||||
|
| |||||||
Insurance — 3.3% |
| |||||||
American International Group, Inc. | 117 | 4,430 | ||||||
Aon PLC, Class A (Ireland) | 51 | 10,775 | ||||||
Arthur J Gallagher & Co. | 41 | 5,072 | ||||||
Cincinnati Financial Corp. | 2 | 175 | ||||||
Lincoln National Corp. | 3 | 151 | ||||||
Marsh & McLennan Cos., Inc. | 118 | 13,806 | ||||||
MetLife, Inc. | 75 | 3,521 | ||||||
Principal Financial Group, Inc. | 17 | 843 | ||||||
Prudential Financial, Inc. | 52 | 4,060 | ||||||
|
| |||||||
42,833 | ||||||||
|
| |||||||
Materials — 7.5% |
| |||||||
Amcor PLC (Jersey) | 363 | 4,273 | ||||||
Avery Dennison Corp. | 20 | 3,102 | ||||||
CF Industries Holdings, Inc. | 50 | 1,936 | ||||||
Dow, Inc. | 172 | 9,546 | ||||||
DuPont de Nemours, Inc. | 134 | 9,529 | ||||||
Eastman Chemical Co. | 38 | 3,811 | ||||||
Ecolab, Inc. | 29 | 6,274 | ||||||
FMC Corp. | 31 | 3,563 | ||||||
International Paper Co. | 111 | 5,519 | ||||||
Linde PLC (Ireland) | 56 | 14,757 | ||||||
LyondellBasell Industries NV, Class A (Netherlands) | 8 | 733 | ||||||
Mosaic Co. (The) | 88 | 2,025 | ||||||
Newmont Corp. | 42 | 2,515 |
2
GOTHAM ESG LARGE VALUE FUND
Portfolio of Investments (Continued)
December 31, 2020
(Unaudited)
Number of Shares | Value | |||||||
COMMON STOCKS — (Continued) |
| |||||||
Materials — (Continued) |
| |||||||
Nucor Corp. | 70 | $ | 3,723 | |||||
Packaging Corp. of America | 22 | 3,034 | ||||||
PPG Industries, Inc. | 67 | 9,663 | ||||||
Sealed Air Corp. | 40 | 1,832 | ||||||
Sherwin-Williams Co. (The) | 11 | 8,084 | ||||||
Westrock Co. | 59 | 2,568 | ||||||
|
| |||||||
96,487 | ||||||||
|
| |||||||
Media & Entertainment — 2.7% |
| |||||||
Charter Communications, Inc., Class A* | 20 | 13,231 | ||||||
Comcast Corp., Class A | 25 | 1,310 | ||||||
Discovery, Inc., Class A* | 24 | 722 | ||||||
DISH Network Corp., Class A* | 97 | 3,137 | ||||||
Fox Corp., Class A | 149 | 4,339 | ||||||
Interpublic Group of Cos., Inc. (The) | 110 | 2,587 | ||||||
News Corp., Class A | 69 | 1,240 | ||||||
Omnicom Group, Inc. | 63 | 3,929 | ||||||
ViacomCBS, Inc., Class B | 122 | 4,546 | ||||||
|
| |||||||
35,041 | ||||||||
|
| |||||||
Pharmaceuticals, Biotechnology & Life Sciences — 4.9% |
| |||||||
AbbVie, Inc. | 68 | 7,286 | ||||||
Alexion Pharmaceuticals, Inc.* | 51 | 7,968 | ||||||
Amgen, Inc. | 3 | 690 | ||||||
Biogen, Inc.* | 35 | 8,570 | ||||||
Gilead Sciences, Inc. | 198 | 11,535 | ||||||
Merck & Co., Inc. | 99 | 8,098 | ||||||
PerkinElmer, Inc. | 4 | 574 | ||||||
Pfizer, Inc. | 389 | 14,319 | ||||||
Thermo Fisher Scientific, Inc. | 9 | 4,192 | ||||||
|
| |||||||
63,232 | ||||||||
|
| |||||||
Real Estate — 1.8% |
| |||||||
Alexandria Real Estate Equities, Inc., REIT | 23 | 4,099 | ||||||
CBRE Group, Inc., Class A* | 78 | 4,892 | ||||||
Public Storage, REIT | 13 | 3,002 | ||||||
Ventas, Inc., REIT | 90 | 4,414 | ||||||
Weyerhaeuser Co., REIT | 184 | 6,170 | ||||||
|
| |||||||
22,577 | ||||||||
|
| |||||||
Retailing — 10.6% |
| |||||||
Advance Auto Parts, Inc. | 16 | 2,520 | ||||||
AutoZone, Inc.* | 6 | 7,113 | ||||||
Best Buy Co., Inc. | 63 | 6,287 | ||||||
Dollar General Corp. | 62 | 13,039 |
Number of Shares | Value | |||||||
COMMON STOCKS — (Continued) |
| |||||||
Retailing — (Continued) |
| |||||||
Dollar Tree, Inc.* | 9 | $ | 972 | |||||
eBay, Inc. | 193 | 9,698 | ||||||
Gap, Inc. (The)* | 87 | 1,757 | ||||||
Genuine Parts Co. | 42 | 4,218 | ||||||
Home Depot, Inc. (The) | 75 | 19,922 | ||||||
L Brands, Inc. | 69 | 2,566 | ||||||
LKQ Corp.* | 85 | 2,995 | ||||||
Lowe’s Cos., Inc. | 142 | 22,792 | ||||||
O’Reilly Automotive, Inc.* | 18 | 8,146 | ||||||
Pool Corp. | 10 | 3,725 | ||||||
Ross Stores, Inc. | 29 | 3,561 | ||||||
Target Corp. | 112 | 19,771 | ||||||
Tiffany & Co.* | 13 | 1,709 | ||||||
Tractor Supply Co. | 28 | 3,936 | ||||||
Ulta Beauty, Inc.* | 2 | 574 | ||||||
|
| |||||||
135,301 | ||||||||
|
| |||||||
Semiconductors & Semiconductor Equipment — 2.4% |
| |||||||
Applied Materials, Inc. | 117 | 10,097 | ||||||
Intel Corp. | 106 | 5,281 | ||||||
KLA Corp. | 25 | 6,473 | ||||||
Lam Research Corp. | 3 | 1,417 | ||||||
Maxim Integrated Products, Inc. | 13 | 1,152 | ||||||
Teradyne, Inc. | 41 | 4,915 | ||||||
Texas Instruments, Inc. | 9 | 1,477 | ||||||
|
| |||||||
30,812 | ||||||||
|
| |||||||
Software & Services — 5.2% |
| |||||||
Accenture PLC, Class A (Ireland) | 38 | 9,926 | ||||||
Broadridge Financial Solutions, Inc. | 27 | 4,136 | ||||||
Gartner, Inc.* | 21 | 3,364 | ||||||
International Business Machines Corp. | 116 | 14,602 | ||||||
NortonLifeLock, Inc. | 143 | 2,972 | ||||||
Oracle Corp. | 324 | 20,960 | ||||||
Paychex, Inc. | 87 | 8,107 | ||||||
Western Union Co. (The) | 124 | 2,721 | ||||||
|
| |||||||
66,788 | ||||||||
|
| |||||||
Technology Hardware & Equipment — 6.1% |
| |||||||
Amphenol Corp., Class A | 12 | 1,569 | ||||||
Apple, Inc. | 144 | 19,107 | ||||||
CDW Corp. | 34 | 4,481 | ||||||
Cisco Systems, Inc. | 426 | 19,064 | ||||||
Corning, Inc. | 176 | 6,336 | ||||||
F5 Networks, Inc.* | 14 | 2,463 |
3
GOTHAM ESG LARGE VALUE FUND
Portfolio of Investments (Concluded)
December 31, 2020
(Unaudited)
Number of Shares | Value | |||||||
COMMON STOCKS — (Continued) |
| |||||||
Technology Hardware & Equipment — (Continued) |
| |||||||
HP, Inc. | 394 | $ | 9,688 | |||||
Juniper Networks, Inc. | 91 | 2,048 | ||||||
Seagate Technology PLC (Ireland) | 61 | 3,792 | ||||||
TE Connectivity Ltd. (Switzerland) | 69 | 8,354 | ||||||
Vontier Corp.* | 40 | 1,336 | ||||||
|
| |||||||
78,238 | ||||||||
|
| |||||||
Telecommunication Services — 2.9% |
| |||||||
AT&T, Inc. | 635 | 18,263 | ||||||
Verizon Communications, Inc. | 331 | 19,446 | ||||||
|
| |||||||
37,709 | ||||||||
|
| |||||||
Transportation — 2.5% |
| |||||||
CH Robinson Worldwide, Inc. | 32 | 3,004 | ||||||
CSX Corp. | 82 | 7,442 | ||||||
Expeditors International of Washington, Inc. | 41 | 3,900 | ||||||
FedEx Corp. | 11 | 2,856 | ||||||
JB Hunt Transport Services, Inc. | 25 | 3,416 | ||||||
Norfolk Southern Corp. | 47 | 11,168 | ||||||
United Parcel Service, Inc., Class B | 3 | 505 | ||||||
|
| |||||||
32,291 | ||||||||
|
| |||||||
Utilities — 0.2% |
| |||||||
NRG Energy, Inc. | 57 | 2,140 | ||||||
|
| |||||||
TOTAL COMMON STOCKS (Cost $1,038,732) |
| 1,275,539 | ||||||
|
| |||||||
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.6% | 7,457 | |||||||
|
| |||||||
NET ASSETS - 100.0% | $ | 1,282,996 | ||||||
|
|
* | Non-income producing. |
PLC | Public Limited Company |
REIT | Real Estate Investment Trust |
All financial instruments listed in the Portfolio of Investments are considered Level 1, measured at fair value on a recurring basis based on quoted prices for identical assets in active markets as of and for the period ended December 31, 2020.
For additional information about significant accounting policies, including valuation of investments, refer to the Fund’s most recent annual or semi-annual report.
4