THE GOVERNMENT STREET EQUITY FUND | ||
SCHEDULE OF INVESTMENTS | ||
June 30, 2021 (Unaudited) | ||
COMMON STOCKS - 98.1% | Shares | Value |
Communications - 6.4% | ||
Alphabet, Inc. - Class A (a) | 700 | $ 1,709,253 |
Alphabet, Inc. - Class C (a) | 642 | 1,609,058 |
Comcast Corporation - Class A | 20,000 | 1,140,400 |
Twitter, Inc. (a) | 4,000 | 275,240 |
4,733,951 | ||
Consumer Discretionary - 11.6% | ||
Amazon.com, Inc. (a) | 850 | 2,924,136 |
Home Depot, Inc. (The) | 5,000 | 1,594,450 |
Lowe's Companies, Inc. | 6,000 | 1,163,820 |
McDonald's Corporation | 5,000 | 1,154,950 |
NIKE, Inc. - Class B | 10,000 | 1,544,900 |
Scotts Miracle-Gro Company (The) | 1,000 | 191,920 |
8,574,176 | ||
Consumer Staples - 4.7% | ||
Coca-Cola Company (The) | 7,000 | 378,770 |
Costco Wholesale Corporation | 1,000 | 395,670 |
McCormick & Company, Inc. | 3,000 | 264,960 |
Procter & Gamble Company (The) | 4,000 | 539,720 |
Walmart, Inc. | 13,500 | 1,903,770 |
3,482,890 | ||
Energy - 1.6% | ||
Chevron Corporation | 6,000 | 628,440 |
ONEOK, Inc. | 5,000 | 278,200 |
Phillips 66 | 3,250 | 278,915 |
1,185,555 | ||
Financials - 13.3% | ||
Aflac, Inc. | 16,000 | 858,560 |
Ares Management Corporation - Class A | 5,000 | 317,950 |
Blackstone Group, Inc. (The) | 13,000 | 1,262,820 |
Brookfield Asset Management Reinsurance Partners Ltd. - Class A (a) | 193 | 10,045 |
Brookfield Asset Management, Inc. - Class A | 28,000 | 1,427,440 |
CME Group, Inc. | 4,000 | 850,720 |
Coinbase Global, Inc. - Class A (a) | 1,000 | 253,300 |
Intercontinental Exchange, Inc. | 5,000 | 593,500 |
JPMorgan Chase & Company | 22,000 | 3,421,880 |
Truist Financial Corporation | 15,000 | 832,500 |
9,828,715 | ||
Health Care - 10.6% | ||
Abbott Laboratories | 9,500 | 1,101,335 |
AbbVie, Inc. | 11,500 | 1,295,360 |
THE GOVERNMENT STREET EQUITY FUND | ||
SCHEDULE OF INVESTMENTS (Continued) | ||
COMMON STOCKS - 98.1% (Continued) | Shares | Value |
Health Care - 10.6% (Continued) | ||
Bio-Techne Corporation | 7,450 | $ 3,354,437 |
Bristol-Myers Squibb Company | 5,000 | 334,100 |
Edwards Lifesciences Corporation (a) | 4,800 | 497,136 |
Johnson & Johnson | 2,250 | 370,665 |
Pfizer, Inc. | 4,000 | 156,640 |
Thermo Fisher Scientific, Inc. | 900 | 454,023 |
UnitedHealth Group, Inc. | 600 | 240,264 |
7,803,960 | ||
Industrials - 14.5% | ||
Caterpillar, Inc. | 3,000 | 652,890 |
Deere & Company | 2,000 | 705,420 |
Emerson Electric Company | 6,500 | 625,560 |
General Dynamics Corporation | 5,200 | 978,952 |
Honeywell International, Inc. | 11,000 | 2,412,850 |
Lockheed Martin Corporation | 7,000 | 2,648,450 |
Raytheon Technologies Corporation | 13,500 | 1,151,685 |
TE Connectivity Ltd. | 9,000 | 1,216,890 |
XPO Logistics, Inc. (a) | 2,000 | 279,780 |
10,672,477 | ||
Materials - 4.9% | ||
Albemarle Corporation | 4,500 | 758,070 |
Barrick Gold Corporation | 14,000 | 289,520 |
Freeport-McMoRan, Inc. | 25,000 | 927,750 |
Glencore plc - ADR | 20,000 | 171,000 |
International Paper Company | 7,000 | 429,170 |
Linde plc | 1,500 | 433,650 |
Mosaic Company (The) | 6,000 | 191,460 |
Vulcan Materials Company | 2,300 | 400,361 |
3,600,981 | ||
Real Estate - 2.3% | ||
Mid-America Apartment Communities, Inc. | 10,000 | 1,684,200 |
Technology - 26.5% | ||
Accenture plc - Class A | 5,650 | 1,665,563 |
Apple, Inc. | 18,350 | 2,513,216 |
ASML Holding N.V. | 850 | 587,214 |
Mastercard, Inc. - Class A | 2,000 | 730,180 |
Microsoft Corporation | 10,000 | 2,709,000 |
NVIDIA Corporation | 4,925 | 3,940,493 |
ON Semiconductor Corporation (a) | 3,500 | 133,980 |
Palantir Technologies, Inc. - Class A (a) | 10,000 | 263,600 |
PayPal Holdings, Inc. (a) | 2,000 | 582,960 |
QUALCOMM, Inc. | 6,000 | 857,580 |
S&P Global, Inc. | 500 | 205,225 |
Skyworks Solutions, Inc. | 10,000 | 1,917,500 |
THE GOVERNMENT STREET EQUITY FUND | ||
SCHEDULE OF INVESTMENTS (Continued) | ||
COMMON STOCKS - 98.1% (Continued) | Shares | Value |
Technology - 26.5% (Continued) | ||
Taiwan Semiconductor Manufacturing Company Ltd. - ADR | 6,000 | $ 720,960 |
Texas Instruments, Inc. | 6,200 | 1,192,260 |
Visa, Inc. - Class A | 6,300 | 1,473,066 |
19,492,797 | ||
Utilities - 1.7% | ||
WEC Energy Group, Inc. | 14,000 | 1,245,300 |
Total Common Stocks (Cost $28,171,329) | $ 72,305,002 | |
MONEY MARKET FUNDS - 2.2% | Shares | Value |
Fidelity Institutional Money Market Government Portfolio - Class I, 0.01% (b) (Cost $1,636,779) | 1,636,779 | $ 1,636,779 |
Total Investments at Value - 100.3% (Cost $29,808,108) | $ 73,941,781 | |
Liabilities in Excess of Other Assets - (0.3%) | (211,105) | |
Net Assets - 100.0% | $ 73,730,676 | |
ADR | - American Depositary Receipt. |
(a) | Non-income producing security. |
(b) | The rate shown is the 7-day effective yield as of June 30, 2021. |
THE GOVERNMENT STREET MID-CAP FUND | ||
SCHEDULE OF INVESTMENTS | ||
June 30, 2021 (Unaudited) | ||
COMMON STOCKS - 95.5% | Shares | Value |
Consumer Discretionary - 6.5% | ||
Gildan Activewear, Inc. | 13,400 | $ 494,728 |
Hasbro, Inc. | 5,000 | 472,600 |
Kontoor Brands, Inc. | 1,671 | 94,261 |
Macy's, Inc. (a) | 5,000 | 94,800 |
Melco Resorts & Entertainment Ltd. - ADR (a) | 5,000 | 82,850 |
NVR, Inc. (a) | 135 | 671,396 |
Scotts Miracle-Gro Company (The) | 2,000 | 383,840 |
Service Corporation International | 16,200 | 868,158 |
Tempur Sealy International, Inc. | 12,000 | 470,280 |
VF Corporation | 4,700 | 385,588 |
4,018,501 | ||
Consumer Staples - 4.3% | ||
Bunge Ltd. | 3,000 | 234,450 |
Celsius Holdings, Inc. (a) | 12,000 | 913,080 |
Church & Dwight Company, Inc. | 9,000 | 766,980 |
Energizer Holdings, Inc. | 5,000 | 214,900 |
Glucose Health, Inc. (a) | 20,000 | 60,000 |
Hain Celestial Group, Inc. (The) (a) | 3,500 | 140,420 |
Ollie's Bargain Outlet Holdings, Inc. (a) | 3,300 | 277,629 |
2,607,459 | ||
Energy - 3.3% | ||
Continental Resources, Inc. | 7,000 | 266,210 |
Devon Energy Corporation | 10,000 | 291,900 |
Enphase Energy, Inc. (a) | 6,000 | 1,101,780 |
Marathon Oil Corporation | 18,000 | 245,160 |
ONEOK, Inc. | 2,500 | 139,100 |
2,044,150 | ||
Financials - 18.3% | ||
Alleghany Corporation (a) | 1,190 | 793,813 |
American Financial Group, Inc. | 8,600 | 1,072,592 |
Ares Management Corporation - Class A | 6,500 | 413,335 |
Arthur J. Gallagher & Company | 8,000 | 1,120,640 |
Berkley (W.R.) Corporation | 11,175 | 831,755 |
Brown & Brown, Inc. | 20,000 | 1,062,800 |
Carlyle Group, Inc. (The) | 7,000 | 325,360 |
CME Group, Inc. | 5,000 | 1,063,400 |
Intercontinental Exchange, Inc. | 9,500 | 1,127,650 |
Morgan Stanley | 8,565 | 785,325 |
Nasdaq, Inc. | 8,500 | 1,494,300 |
Old Republic International Corporation | 24,400 | 607,804 |
SEI Investments Company | 5,500 | 340,835 |
THE GOVERNMENT STREET MID-CAP FUND | ||
SCHEDULE OF INVESTMENTS (Continued) | ||
COMMON STOCKS - 95.5% (Continued) | Shares | Value |
Financials - 18.3% (Continued) | ||
Voya Financial, Inc. | 4,000 | $ 246,000 |
11,285,609 | ||
Health Care - 17.3% | ||
Bio-Rad Laboratories, Inc. - Class A (a) | 1,700 | 1,095,293 |
Bio-Techne Corporation | 4,000 | 1,801,040 |
Centene Corporation (a) | 6,000 | 437,580 |
Charles River Laboratories International, Inc. (a) | 4,500 | 1,664,640 |
Chemed Corporation | 3,000 | 1,423,500 |
Globus Medical, Inc. - Class A (a) | 3,000 | 232,590 |
Laboratory Corporation of America Holdings (a) | 2,574 | 710,038 |
Penumbra, Inc. (a) | 2,500 | 685,150 |
ResMed, Inc. | 1,200 | 295,824 |
Teleflex, Inc. | 3,950 | 1,587,070 |
Waters Corporation (a) | 2,000 | 691,220 |
10,623,945 | ||
Industrials - 17.8% | ||
AMETEK, Inc. | 2,350 | 313,725 |
C.H. Robinson Worldwide, Inc. | 4,000 | 374,680 |
ChargePoint Holdings, Inc. (a) | 2,000 | 69,480 |
Donaldson Company, Inc. | 13,000 | 825,890 |
Expeditors International of Washington, Inc. | 8,000 | 1,012,800 |
Fastenal Company | 18,000 | 936,000 |
Graco, Inc. | 13,000 | 984,100 |
Jacobs Engineering Group, Inc. | 8,475 | 1,130,735 |
L3Harris Technologies, Inc. | 5,400 | 1,167,210 |
MasTec, Inc. (a) | 5,700 | 604,770 |
MSC Industrial Direct Company, Inc. - Class A | 6,000 | 538,380 |
National Instruments Corporation | 12,000 | 507,360 |
nVent Electric plc | 2,900 | 90,596 |
Pentair plc | 2,900 | 195,721 |
Snap-on, Inc. | 1,475 | 329,559 |
Teledyne Technologies, Inc. (a) | 215 | 90,048 |
Waste Connections, Inc. | 10,500 | 1,254,015 |
Woodward, Inc. | 4,400 | 540,672 |
10,965,741 | ||
Materials - 7.8% | ||
Albemarle Corporation | 6,700 | 1,128,682 |
Ashland Global Holdings, Inc. | 6,000 | 525,000 |
Danimer Scientific, Inc. (a) | 5,000 | 125,250 |
Martin Marietta Materials, Inc. | 3,000 | 1,055,430 |
Packaging Corporation of America | 6,000 | 812,520 |
Steel Dynamics, Inc. | 14,000 | 834,400 |
Valvoline, Inc. | 9,236 | 299,801 |
4,781,083 | ||
Real Estate - 4.5% | ||
Mid-America Apartment Communities, Inc. | 15,000 | 2,526,300 |
THE GOVERNMENT STREET MID-CAP FUND | ||
SCHEDULE OF INVESTMENTS (Continued) | ||
COMMON STOCKS - 95.5% (Continued) | Shares | Value |
Real Estate - 4.5% (Continued) | ||
New Residential Investment Corporation | 25,000 | $ 264,750 |
2,791,050 | ||
Technology - 15.5% | ||
Analog Devices, Inc. | 3,671 | 631,999 |
ANSYS, Inc. (a) | 3,500 | 1,214,710 |
Arrow Electronics, Inc. (a) | 10,100 | 1,149,683 |
Broadridge Financial Solutions, Inc. | 3,500 | 565,355 |
InterDigital, Inc. | 2,500 | 182,575 |
Lam Research Corporation | 1,075 | 699,503 |
Microchip Technology, Inc. | 6,000 | 898,440 |
MicroStrategy, Inc. - Class A (a) | 500 | 332,250 |
NVIDIA Corporation | 2,600 | 2,080,260 |
Okta, Inc. (a) | 3,500 | 856,380 |
Sprinklr, Inc. - Class A (a) | 3,000 | 61,770 |
Xilinx, Inc. | 6,000 | 867,840 |
9,540,765 | ||
Utilities - 0.2% | ||
UGI Corporation | 3,038 | 140,690 |
Total Common Stocks (Cost $18,859,082) | $ 58,798,993 | |
MONEY MARKET FUNDS - 4.9% | Shares | Value |
Fidelity Institutional Money Market Government Portfolio - Class I, 0.01% (b) (Cost $3,007,873) | 3,007,873 | $ 3,007,873 |
Total Investments at Value - 100.4% (Cost $21,866,955) | $ 61,806,866 | |
Liabilities in Excess of Other Assets - (0.4%) | (254,695) | |
Net Assets - 100.0% | $ 61,552,171 | |
ADR | - American Depositary Receipt. |
(a) | Non-income producing security. |
(b) | The rate shown is the 7-day effective yield as of June 30, 2021. |