Docoh
Loading...

Waycross Independent Trust

Filed: 27 Jul 21, 12:59pm

 

WAYCROSS LONG/SHORT EQUITY FUND
SCHEDULE OF INVESTMENTS
May 31, 2021 (Unaudited)
 
COMMON STOCKS - 91.0%SharesValue
Communications - 7.0%  
Entertainment Content - 2.8%  
Activision Blizzard, Inc.3,150  $ 306,337  
Discovery, Inc. - Series A (a)3,054  98,064  
Walt Disney Company (The) (a)13,304  2,376,760  
    2,781,161  
Internet Media & Services - 4.2%  
Alphabet, Inc. - Class A (a) (b)937  2,208,368  
Facebook, Inc. - Class A (a) (b)5,811  1,910,250  
    4,118,618  
Consumer Discretionary - 7.7%  
E-Commerce Discretionary - 2.3%  
Amazon.com, Inc. (a) (b)628  2,024,088  
MercadoLibre, Inc. (a)220  298,908  
    2,322,996  
Leisure Facilities & Services - 1.5%  
Cheesecake Factory, Inc. (The) (a)2,566  150,932  
McDonald's Corporation2,185  511,050  
Papa John's International, Inc.3,090  290,305  
Starbucks Corporation4,500  512,460  
    1,464,747  
Leisure Products - 0.6%  
Peloton Interactive, Inc. - Class A (a)5,000  551,550  
    
Retail - Discretionary - 3.3%  
lululemon athletica, inc. (a)1,490  481,464  
Ross Stores, Inc.11,621  1,468,778  
Ulta Beauty, Inc. (a)3,762  1,299,244  
    3,249,486  
Consumer Staples - 1.8%  
Retail - Consumer Staples - 0.5%  
Costco Wholesale Corporation1,330  503,099  
    
Wholesale - Consumer Staples - 1.3%  
Sysco Corporation (b)15,128  1,225,368  
    
Energy - 2.4%  
Oil & Gas Producers - 2.4%  
Diamondback Energy, Inc.16,500  1,321,155  
 
 

 

WAYCROSS LONG/SHORT EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
 
COMMON STOCKS - 91.0% (Continued)SharesValue
Energy - 2.4% (Continued)  
Oil & Gas Producers - 2.4% (Continued)  
Valero Energy Corporation13,500  $ 1,085,400  
    2,406,555  
Financials - 11.3%  
Banking - 7.9%  
Bank of America Corporation (b)47,136  1,998,095  
Citigroup, Inc.30,416  2,394,043  
PNC Financial Services Group, Inc. (The) (b)8,533  1,661,204  
U.S. Bancorp29,156  1,772,102  
    7,825,444  
Institutional Financial Services - 3.4%  
Goldman Sachs Group, Inc. (The) (b)9,096  3,383,894  
    
Health Care - 18.5%  
Biotech & Pharma - 11.1%  
AbbVie, Inc. (b)22,840  2,585,488  
BioMarin Pharmaceutical, Inc. (a)4,600  355,580  
Elanco Animal Health, Inc. (a) (b)92,821  3,339,700  
Eli Lilly & Company (b)8,835  1,764,703  
Gilead Sciences, Inc.14,000  925,540  
Sage Therapeutics, Inc. (a)3,700  257,520  
Vertex Pharmaceuticals, Inc. (a)2,951  615,667  
Viatris, Inc.73,700  1,123,188  
    10,967,386  
Health Care Facilities & Services - 2.4%  
AmerisourceBergen Corporation8,000  917,920  
CVS Health Corporation12,400  1,071,856  
Humana, Inc.1,000  437,700  
    2,427,476  
Medical Equipment & Devices - 5.0%  
Danaher Corporation4,500  1,152,630  
DexCom, Inc. (a)1,100  406,329  
Edwards Lifesciences Corporation (a) (b)16,159  1,549,648  
Medtronic plc14,297  1,809,857  
    4,918,464  
Industrials - 10.6%  
Engineering & Construction - 0.8%  
Fluor Corporation (a)42,146  779,701  
    
 
 

 

WAYCROSS LONG/SHORT EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
 
COMMON STOCKS - 91.0% (Continued)SharesValue
Industrials - 10.6% (Continued)  
Machinery - 2.0%  
Caterpillar, Inc.8,111  $ 1,955,400  
    
Transportation & Logistics - 7.8%  
Delta Air Lines, Inc. (a)32,401  1,544,880  
FedEx Corporation9,065  2,853,753  
Norfolk Southern Corporation6,616  1,858,434  
Southwest Airlines Company (a)23,600  1,450,456  
    7,707,523  
Materials - 4.0%  
Chemicals - 2.7%  
Dow, Inc.21,000  1,436,820  
Nutrien Ltd.20,000  1,243,000  
    2,679,820  
Containers & Packaging - 1.3%  
WestRock Company22,500  1,312,200  
    
Technology - 27.7%  
Semiconductors - 5.6%  
Analog Devices, Inc. (b)11,837  1,948,370  
Broadcom, Inc.2,700  1,275,291  
NVIDIA Corporation2,962  1,924,649  
Xilinx, Inc. (b)3,499  444,373  
    5,592,683  
Software - 9.4%  
Adobe, Inc. (a) (b)6,268  3,162,707  
Autodesk, Inc. (a)1,400  400,204  
Intuit, Inc.1,200  526,908  
Microsoft Corporation (b)14,537  3,629,598  
salesforce.com, Inc. (a)6,646  1,582,413  
    9,301,830  
Technology Hardware - 6.0%  
Apple, Inc. (b)18,990  2,366,344  
Hewlett Packard Enterprise Company78,000  1,244,880  
NetApp, Inc.13,100  1,013,547  
Seagate Technology Holdings plc13,600  1,302,200  
    5,926,971  
Technology Services - 6.7%  
Fiserv, Inc. (a)6,500  748,800  
Mastercard, Inc. - Class A (b)6,312  2,275,981  
 
 

 

WAYCROSS LONG/SHORT EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
 
COMMON STOCKS - 91.0% (Continued)SharesValue
Technology - 27.7% (Continued)  
Technology Services - 6.7% (Continued)  
PayPal Holdings, Inc. (a) (b)9,149  $ 2,378,923  
Visa, Inc. - Class A5,200  1,181,960  
    6,585,664  
  
Total Common Stocks (Cost $60,476,701)$ 89,988,036  
     
     
MONEY MARKET FUNDS - 9.3%SharesValue
Fidelity Institutional Money Market Government Portfolio -              Class I, 0.01% (c) (Cost $9,168,320)9,168,320  $ 9,168,320  
     
Investments at Value - 100.3% (Cost $69,645,021)$ 99,156,356  
    
Liabilities in Excess of Other Assets - (0.3%)      (264,784 )
    
Net Assets - 100.0%$ 98,891,572  
 

 

 

(a)Non-income producing security.
(b)All or a portion of this security is pledged as collateral for open short positions.  The total value of such securities as of May 31, 2021 was $26,883,036.
(c)The rate shown is the 7-day effective yield as of May 31, 2021.

 

 

 

 

 

 

 
 

 

 

WAYCROSS LONG/SHORT EQUITY FUND
SCHEDULE OF SECURITIES SOLD SHORT
May 31, 2021 (Unaudited)
 
COMMON STOCKS - 34.6%SharesValue
Communications - 1.2%  
Entertainment Content - 0.5%  
Electronic Arts, Inc.3,540  $ 505,972  
    
Publishing & Broadcasting - 0.7%  
New York Times Company (The) - Class A16,510  706,958  
    
Consumer Discretionary - 2.4%  
Automotive - 0.8%  
Harley-Davidson, Inc.3,899  188,984  
Tesla, Inc.1,000  625,220  
    814,204  
Consumer Services - 0.6%  
DoorDash, Inc. - Class A4,185  628,922  
    
E-Commerce Discretionary - 0.3%  
Wayfair, Inc. - Class A920  282,017  
     
Leisure Facilities & Services - 0.4%  
Cracker Barrel Old Country Store, Inc.624  98,417  
Wynn Resorts Ltd.1,985  261,762  
    360,179  
Retail - Discretionary - 0.3%  
Best Buy Company, Inc.2,470  287,113  
    
Consumer Staples - 1.4%  
Food - 0.4%  
Beyond Meat, Inc.2,815  409,357  
    
Retail - Consumer Staples - 1.0%  
Walgreens Boots Alliance, Inc.19,000  1,000,540  
    
Energy - 3.8%  
Oil & Gas Services & Equipment - 3.8%  
Halliburton Company56,900  1,277,405  
Helmerich & Payne, Inc.41,200  1,163,900  
 
 

 

WAYCROSS LONG/SHORT EQUITY FUND
SCHEDULE OF SECURITIES SOLD SHORT (Continued)
COMMON STOCKS - 34.6% (Continued)SharesValue
Energy - 3.8% (Continued)  
Oil & Gas Services & Equipment - 3.8% (Continued)  
NOV, Inc.79,100  $ 1,275,092  
    3,716,397  
Health Care - 7.5%  
Biotech & Pharma - 3.0%  
Johnson & Johnson5,300  897,025  
Pfizer, Inc.31,200  1,208,376  
Zoetis, Inc.4,800  848,064  
    2,953,465  
Health Care Facilities & Services - 1.0%  
Henry Schein, Inc.6,600  501,864  
Teladoc Health, Inc.2,900  436,682  
    938,546  
Medical Equipment & Devices - 3.5%  
Baxter International, Inc.7,700  632,324  
Becton, Dickinson and Company2,600  628,914  
Boston Scientific Corporation16,000  680,800  
PerkinElmer, Inc.5,000  725,350  
Stryker Corporation3,276  836,265  
    3,503,653  
Industrials - 5.5%  
Commercial Support Services - 1.4%  
Stericycle, Inc.17,500  1,374,800  
    
Industrial Support Services - 1.3%  
Fastenal Company23,700  1,257,048  
    
Machinery - 2.1%  
Roper Technologies, Inc.4,630  2,083,546  
    
Transportation & Logistics - 0.7%  
Knight-Swift Transportation Holdings, Inc.14,800  706,404  
    
Materials - 2.0%  
Chemicals - 2.0%  
Ecolab, Inc.9,220  1,983,038  
    
Technology - 10.8%  
Semiconductors - 3.1%  
Applied Materials, Inc.8,100  1,118,853  
 
 

 

WAYCROSS LONG/SHORT EQUITY FUND
SCHEDULE OF SECURITIES SOLD SHORT (Continued)
COMMON STOCKS - 34.6% (Continued)SharesValue
Technology - 10.8% (Continued)  
Semiconductors - 3.1% (Continued)  
Texas Instruments, Inc.10,500  $ 1,993,110  
    3,111,963  
Software - 3.5%  
Atlassian Corporation plc - Class A1,750  408,240  
DocuSign, Inc.2,100  423,402  
Oracle Corporation7,800  614,172  
VMware, Inc. - Class A6,000  947,340  
Workday, Inc. - Class A2,650  606,108  
Zoom Video Communications, Inc. - Class A1,400  464,142  
    3,463,404  
Technology Hardware - 2.8%  
Cisco Systems, Inc.21,000  1,110,900  
HP, Inc.36,500  1,066,895  
Juniper Networks, Inc.22,000  579,260  
    2,757,055  
Technology Services - 1.4%  
Accenture plc - Class A4,963  1,400,360  
    
Total Securities Sold Short - 34.6% (Proceeds $29,651,573)$ 34,244,941  
 

 

 

 

 

 

 

 

 

 

 

 

 
 

 

 

WAYCROSS FOCUSED EQUITY FUND
SCHEDULE OF INVESTMENTS
May 31, 2021 (Unaudited)
 
COMMON STOCKS - 96.5%SharesValue
Communications - 10.1%  
Entertainment Content - 2.9%  
Walt Disney Company (The) (a)175  $ 31,264  
    
Internet Media & Services - 7.2%  
Alphabet, Inc. - Class A (a)18  42,423  
Facebook, Inc. - Class A (a)111  36,489  
    78,912  
Consumer Discretionary - 8.2%  
E-Commerce Discretionary - 3.5%  
Amazon.com, Inc. (a)12  38,677  
    
Retail - Discretionary - 4.7%  
Ross Stores, Inc.209  26,415  
Ulta Beauty, Inc. (a)72  24,866  
    51,281  
Consumer Staples - 2.3%  
Wholesale - Consumer Staples - 2.3%  
Sysco Corporation312  25,272  
    
Financials - 15.6%  
Banking - 12.0%  
Bank of America Corporation862  36,540  
Citigroup, Inc.346  27,234  
PNC Financial Services Group, Inc. (The)181  35,237  
U.S. Bancorp527  32,031  
    131,042  
Institutional Financial Services - 3.6%  
Goldman Sachs Group, Inc. (The)105  39,062  
    
Health Care - 15.7%  
Biotech & Pharma - 9.7%  
AbbVie, Inc.293  33,168  
Elanco Animal Health, Inc. (a)1,024  36,844  
Eli Lilly & Company179  35,753  
    105,765  
Medical Equipment & Devices - 6.0%  
Edwards Lifesciences Corporation (a)330  31,647  
 
 

 

WAYCROSS FOCUSED EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
 
COMMON STOCKS - 96.5% (Continued)SharesValue
Health Care - 15.7% (Continued)  
Medical Equipment & Devices - 6.0% (Continued)  
Medtronic plc271  $ 34,306  
    65,953  
Industrials - 13.8%  
Engineering & Construction - 1.4%  
Fluor Corporation (a)829  15,337  
    
Machinery - 3.7%  
Caterpillar, Inc.169  40,743  
    
Transportation & Logistics - 8.7%  
Delta Air Lines, Inc. (a)548  26,128  
FedEx Corporation100  31,481  
Norfolk Southern Corporation132  37,079  
    94,688  
Technology - 30.8%  
Semiconductors - 9.9%  
Analog Devices, Inc.220  36,212  
NVIDIA Corporation64  41,586  
Xilinx, Inc.241  30,607  
    108,405  
Software - 8.1%  
Adobe, Inc. (a)68  34,312  
Microsoft Corporation218  54,430  
    88,742  
Technology Hardware - 5.3%  
Apple, Inc.458  57,071  
    
Technology Services - 7.5%  
Mastercard, Inc. - Class A103  37,140  
PayPal Holdings, Inc. (a)171  44,463  
    81,603  
  
Total Common Stocks (Cost $970,382)$ 1,053,817  
     
     
 
 

 

WAYCROSS FOCUSED EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
 
MONEY MARKET FUNDS - 18.3%SharesValue
Fidelity Institutional Money Market Government Portfolio - Class I, 0.01% (b) (Cost $199,576)199,576  $ 199,576  
     
Investments at Value - 114.8% (Cost $1,169,958)$ 1,253,393  
    
Liabilities in Excess of Other Assets - (14.8%)      (161,034 )
    
Net Assets - 100.0%$ 1,092,359  
 

 

 

 

 

 

 

 

(a)Non-income producing security.
(b)The rate shown is the 7-day effective yield as of May 31, 2021.