Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
1
Showing
percentage
of
net
assets
as
of
March
31,
2021
bridgewayfunds.com
Industry
Company
Shares
Value
.
Common
Stocks
-
100.00%
Communication
Services
-
2.34%
A.H.
Belo
Corp.,
Class A
65,500
$
136,895
Alaska
Communications
Systems
Group,
Inc.
377,100
1,225,575
ATN
International,
Inc.
33,500
1,645,520
Beasley
Broadcast
Group,
Inc.,
Class A
163,600
462,988
Consolidated
Communications
Holdings,
Inc.*+
199,000
1,432,800
Cumulus
Media,
Inc.,
Class A*
53,600
488,296
DHI
Group,
Inc.*
185,000
619,750
Emerald
Holding,
Inc.*
130,000
717,600
Emmis
Communications
Corp.,
Class A*+
102,700
264,966
Entercom
Communications
Corp.,
Class A*+
371,245
1,949,036
Entravision
Communications
Corp.,
Class A
260,800
1,053,632
EW
Scripps
Co.
(The),
Class A
108,966
2,099,775
Gray
Television,
Inc.
248,400
4,570,560
Lions
Gate
Entertainment
Corp.,
Class B*
100,000
1,290,000
Marcus
Corp.
(The)*+
82,250
1,644,177
Mediaco
Holding,
Inc.,
Class A*
12,992
42,744
Meredith
Corp.*+
130,000
3,871,400
Saga
Communications,
Inc.,
Class A
21,761
475,478
Salem
Media
Group,
Inc.*
1,700
4,998
Spok
Holdings,
Inc.
15,000
157,350
Telephone
and
Data
Systems,
Inc.
135,800
3,117,968
Townsquare
Media,
Inc.,
Class A
129,900
1,393,827
Urban
One,
Inc.*
151,800
265,650
28,930,985
Consumer
Discretionary
-
16.32%
Abercrombie
&
Fitch
Co.,
Class A*
175,000
6,004,250
Adient
PLC*
220,000
9,724,000
AMCON
Distributing
Co.
1,350
154,845
American
Axle
&
Manufacturing
Holdings,
Inc.*+
172,200
1,663,452
American
Outdoor
Brands,
Inc.*
16,081
405,241
American
Public
Education,
Inc.*
47,600
1,695,988
Industry
Company
Shares
Value
Consumer
Discretionary
(continued)
Ark
Restaurants
Corp.*
12,600
$
253,764
Asbury
Automotive
Group,
Inc.*+
50,000
9,825,000
Barnes
&
Noble
Education,
Inc.*
141,884
1,154,936
Bassett
Furniture
Industries,
Inc.
30,400
737,808
Beazer
Homes
USA,
Inc.*
118,500
2,479,020
Bed
Bath
&
Beyond,
Inc.
268,000
7,812,200
Big
5
Sporting
Goods
Corp.+
113,700
1,785,090
Big
Lots,
Inc.+
90,000
6,147,000
Biglari
Holdings,
Inc.,
Class B*
6,200
823,112
BJ's
Restaurants,
Inc.*+
50,000
2,904,000
Bluegreen
Vacations
Corp.
105,000
1,131,900
Bluegreen
Vacations
Holding
Corp.*
35,208
652,756
Build-A-Bear
Workshop,
Inc.*
47,100
324,990
Caleres
,
Inc.
48,500
1,057,300
Carrols
Restaurant
Group,
Inc.*
138,100
826,529
Cato
Corp.
(The),
Class A*
72,000
864,000
Century
Casinos,
Inc.*
81,600
838,032
Century
Communities,
Inc.*
95,200
5,742,464
Chico's
FAS,
Inc.*
200,000
662,000
China
Automotive
Systems,
Inc.*
95,650
453,381
China
XD
Plastics
Co.,
Ltd.*
100,000
107,000
Chuy's
Holdings,
Inc.*
23,000
1,019,360
Citi
Trends,
Inc.*
33,840
2,835,115
Conn's,
Inc.*
61,900
1,203,955
Container
Store
Group,
Inc.
(The)*
155,450
2,586,688
Cooper
Tire
&
Rubber
Co.
128,250
7,179,435
Crown
Crafts,
Inc.
21,050
162,717
Dana,
Inc.
36,650
891,694
Del
Taco
Restaurants,
Inc.
79,900
765,442
Delta
Apparel,
Inc.*
29,900
811,187
Dillard's,
Inc.,
Class A+
60,000
5,794,200
Dixie
Group,
Inc.
(The)*
34,800
103,356
Dover
Motorsports,
Inc.
94,500
194,670
Ethan
Allen
Interiors,
Inc.+
75,500
2,084,555
Express,
Inc.*+
181,000
727,620
Fiesta
Restaurant
Group,
Inc.*+
87,500
1,101,625
Flanigan's
Enterprises,
Inc.*
2,500
59,363
Fossil
Group,
Inc.*+
66,000
818,400
Full
House
Resorts,
Inc.*
121,000
1,029,710
GameStop
Corp.,
Class A*
25,100
4,764,482
Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
(continued)
2
Showing
percentage
of
net
assets
as
of
March
31,
2021
Quarterly
Report
|
March
31,
2021
(Unaudited)
Industry
Company
Shares
Value
Common
Stocks
(continued)
Consumer
Discretionary
(continued)
Genesco,
Inc.*
45,000
$
2,137,500
G-III
Apparel
Group,
Ltd.*+
118,000
3,556,520
Golden
Entertainment,
Inc.*
94,500
2,387,070
Good
Times
Restaurants,
Inc.*
106,000
424,000
Group
1
Automotive,
Inc.+
44,400
7,005,876
Guess?,
Inc.+
50,000
1,175,000
Haverty
Furniture
Cos.,
Inc.
64,400
2,395,036
Hibbett
Sports,
Inc.*
45,900
3,162,051
Hooker
Furniture
Corp.
26,000
947,960
Houghton
Mifflin
Harcourt
Co.*
278,600
2,122,932
J
Alexander's
Holdings,
Inc.*
45,150
435,246
Lakeland
Industries,
Inc.*+
30,000
835,800
Lands'
End,
Inc.*
92,600
2,297,406
Lazydays
Holdings,
Inc.*+
30,000
534,300
Lifetime
Brands,
Inc.
77,650
1,140,678
Live
Ventures,
Inc.*
3,200
76,448
M/I
Homes,
Inc.*
70,000
4,134,900
MarineMax
,
Inc.*+
77,000
3,800,720
Modine
Manufacturing
Co.*
162,800
2,404,556
Motorcar
Parts
of
America,
Inc.*
65,000
1,462,500
Movado
Group,
Inc.
45,000
1,280,250
New
Home
Co.,
Inc.
(The)*
57,900
303,396
ODP
Corp.
(The)*
145,000
6,277,050
Perdoceo
Education
Corp.*
126,000
1,506,960
Playa
Hotels
&
Resorts
NV*+
211,404
1,543,249
Red
Robin
Gourmet
Burgers,
Inc.*
22,300
889,547
Rocky
Brands,
Inc.
30,300
1,638,018
Select
Interior
Concepts,
Inc.,
Class A*
75,800
545,760
Shoe
Carnival,
Inc.+
49,100
3,038,308
Signet
Jewelers,
Ltd.*+
124,400
7,212,712
Sonic
Automotive,
Inc.,
Class A
136,100
6,746,477
Sportsman's
Warehouse
Holdings,
Inc.*
100,000
1,724,000
Strattec
Security
Corp.*
18,800
881,720
Superior
Group
of
Cos.,
Inc.
74,200
1,886,164
Tandy
Leather
Factory,
Inc.*
22,700
87,168
Tenneco,
Inc.,
Class A*
237,000
2,540,640
Tilly's,
Inc.,
Class A*
88,300
999,556
TravelCenters
of
America,
Inc.*
61,340
1,664,154
Tri
Pointe
Homes,
Inc.*+
266,000
5,415,760
Unifi,
Inc.*
64,273
1,771,364
Unique
Fabricating,
Inc.*
35,000
208,250
Industry
Company
Shares
Value
Consumer
Discretionary
(continued)
Vista
Outdoor,
Inc.*+
163,287
$
5,236,614
VOXX
International
Corp.*
82,100
1,564,826
Weyco
Group,
Inc.
23,000
497,490
Zumiez
,
Inc.*
79,800
3,423,420
201,682,984
Consumer
Staples
-
3.56%
Alico
,
Inc.
22,861
682,629
Andersons,
Inc.
(The)
96,900
2,653,122
Central
Garden
&
Pet
Co.*+
10,000
580,100
Central
Garden
&
Pet
Co.,
Class A*
67,400
3,497,386
Coffee
Holding
Co.,
Inc.*
23,000
113,620
Edgewell
Personal
Care
Co.+
150,300
5,951,880
Fresh
Del
Monte
Produce,
Inc.+
118,200
3,384,066
Ingles
Markets,
Inc.,
Class A
63,400
3,908,610
Lifeway
Foods,
Inc.*
5,000
27,000
Mannatech
,
Inc.+
8,400
171,192
Natural
Alternatives
International,
Inc.*
18,100
278,016
Natural
Grocers
by
Vitamin
Cottage,
Inc.
46,100
809,055
Oil-
Dri
Corp.
of
America
17,558
604,698
Rite
Aid
Corp.*+
225,500
4,613,730
Seneca
Foods
Corp.,
Class A*
40,100
1,888,309
SpartanNash
Co.+
110,946
2,177,870
United
Natural
Foods,
Inc.*+
221,000
7,279,740
Village
Super
Market,
Inc.,
Class A+
31,009
730,882
Weis
Markets,
Inc.+
82,325
4,653,009
44,004,914
Energy
-
10.97%
Adams
Resources
&
Energy,
Inc.
23,100
647,031
Alto
Ingredients,
Inc.*+
116,900
634,767
Amplify
Energy
Corp.*
1,400
3,892
Antero
Resources
Corp.*
1,020,000
10,404,000
Arch
Resources,
Inc.*+
33,500
1,393,600
Archrock
,
Inc.
404,000
3,833,960
Ardmore
Shipping
Corp.*+
123,988
562,906
Berry
Corp.
165,771
913,398
Bonanza
Creek
Energy,
Inc.*
70,000
2,501,100
Bristow
Group,
Inc.*
48,266
1,249,124
Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
(continued)
3
Showing
percentage
of
net
assets
as
of
March
31,
2021
bridgewayfunds.com
Industry
Company
Shares
Value
Common
Stocks
(continued)
Energy
(continued)
Centennial
Resource
Development,
Inc.,
Class A*+
550,000
$
2,310,000
Comstock
Resources,
Inc.*+
577,800
3,201,012
CONSOL
Energy,
Inc.*
43,600
423,792
Dawson
Geophysical
Co.*
113,600
278,320
DHT
Holdings,
Inc.
572,322
3,393,869
Diamond
S
Shipping,
Inc.*+
104,000
1,043,120
Dorian
LPG,
Ltd.*
161,300
2,117,869
Earthstone
Energy,
Inc.,
Class A*+
194,000
1,387,100
Epsilon
Energy,
Ltd.*+
90,000
350,550
Exterran
Corp.*
97,200
326,592
Frontline,
Ltd.+
413,200
2,954,380
Golar
LNG,
Ltd.*+
220,000
2,250,600
Goodrich
Petroleum
Corp.*
37,300
352,858
Gran
Tierra
Energy,
Inc.*
244,400
171,031
Green
Plains,
Inc.*+
95,200
2,577,064
Helix
Energy
Solutions
Group,
Inc.*+
460,500
2,325,525
International
Seaways,
Inc.+
85,000
1,647,300
Liberty
Oilfield
Services,
Inc.,
Class A*
248,700
2,807,823
Mammoth
Energy
Services,
Inc.*
121,400
645,848
Matador
Resources
Co.+
300,000
7,035,000
Murphy
Oil
Corp.
300,000
4,923,000
Nabors
Industries,
Ltd.+
14,300
1,336,335
NACCO
Industries,
Inc.,
Class A
20,445
510,103
National
Energy
Services
Reunited
Corp.*
278,700
3,447,519
Natural
Gas
Services
Group,
Inc.*+
48,800
460,672
Navigator
Holdings,
Ltd.*
245,000
2,180,500
Navios
Maritime
Acquisition
Corp.
74,700
302,535
Newpark
Resources,
Inc.*
306,500
962,410
NexTier
Oilfield
Solutions,
Inc.*
100,000
372,000
Nine
Energy
Service,
Inc.*
55,000
126,500
Nordic
American
Tankers,
Ltd.+
621,700
2,020,525
Northern
Oil
and
Gas,
Inc.*+
77,070
931,006
Oil
States
International,
Inc.*
121,000
729,630
Overseas
Shipholding
Group,
Inc.,
Class A*
593,300
1,222,198
Industry
Company
Shares
Value
Energy
(continued)
Par
Pacific
Holdings,
Inc.*
159,100
$
2,246,492
Patterson-UTI
Energy,
Inc.
564,000
4,021,320
PBF
Energy,
Inc.,
Class A*+
50,000
707,500
PDC
Energy,
Inc.*
44,600
1,534,240
Penn
Virginia
Corp.*+
43,500
582,900
PrimeEnergy
Resources
Corp.*
1,000
52,390
Profire
Energy,
Inc.*
50,000
55,000
ProPetro
Holding
Corp.*
242,500
2,585,050
Range
Resources
Corp.*
315,000
3,253,950
Ranger
Energy
Services,
Inc.*
38,400
210,432
Renewable
Energy
Group,
Inc.*+
96,885
6,398,285
RPC,
Inc.*+
555,000
2,997,000
SandRidge
Energy,
Inc.*
164,600
643,586
Scorpio
Tankers,
Inc.+
161,467
2,980,681
Select
Energy
Services,
Inc.,
Class A*
252,500
1,257,450
SilverBow
Resources,
Inc.*+
15,000
116,700
SM
Energy
Co.
123,000
2,013,510
Smart
Sand,
Inc.*+
132,000
333,960
Solaris
Oilfield
Infrastructure,
Inc.,
Class A
107,900
1,323,933
Southwestern
Energy
Co.*
1,979,123
9,202,922
Talos
Energy,
Inc.*+
183,400
2,208,136
Teekay
Corp.*+
390,000
1,248,000
Teekay
Tankers,
Ltd.,
Class A*+
103,625
1,440,387
TETRA
Technologies,
Inc.*
219,600
527,040
Transocean,
Ltd.*+
196,000
695,800
US
Silica
Holdings,
Inc.
235,000
2,888,150
VAALCO
Energy,
Inc.*
400,000
896,000
World
Fuel
Services
Corp.
108,600
3,822,720
135,511,898
Financials
-
31.14%
1st
Constitution
Bancorp
33,000
581,130
1st
Source
Corp.
75,000
3,568,500
ACNB
Corp.
5,000
146,500
Allegiance
Bancshares,
Inc.
51,500
2,087,810
Amalgamated
Financial
Corp.
59,000
978,810
A-Mark
Precious
Metals,
Inc.
5,000
180,000
Amerant
Bancorp,
Inc.*
79,394
1,474,347
Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
(continued)
4
Showing
percentage
of
net
assets
as
of
March
31,
2021
Quarterly
Report
|
March
31,
2021
(Unaudited)
Industry
Company
Shares
Value
Common
Stocks
(continued)
Financials
(continued)
American
National
Bankshares
,
Inc.
25,000
$
826,750
American
River
Bankshares
21,300
347,403
AmeriServ
Financial,
Inc.
118,000
479,080
Ames
National
Corp.
1,008
25,785
Argo
Group
International
Holdings,
Ltd.
80,984
4,075,115
Atlantic
Capital
Bancshares,
Inc.*
50,500
1,217,050
Axos
Financial,
Inc.*
139,510
6,558,365
Banc
of
California,
Inc.
112,500
2,034,000
Banco
Latinoamericano
de
Comercio
Exterior
SA,
Class E
113,400
1,715,742
Bank
of
Commerce
Holdings
73,041
931,273
Bank
of
NT
Butterfield
&
Son,
Ltd.
(The)
153,500
5,866,770
Bank
of
Princeton
(The)
19,480
557,518
Bank7
Corp.
51,500
906,915
BankFinancial
Corp.
59,912
618,292
Bar
Harbor
Bankshares
55,966
1,646,520
BCB
Bancorp,
Inc.
60,400
833,520
Berkshire
Hills
Bancorp,
Inc.
117,301
2,618,158
Boston
Private
Financial
Holdings,
Inc.
195,700
2,606,724
Brookline
Bancorp,
Inc.
250,000
3,750,000
Bryn
Mawr
Bank
Corp.
47,800
2,175,378
Business
First
Bancshares,
Inc.
65,000
1,555,450
Byline
Bancorp,
Inc.
95,000
2,009,250
C&F
Financial
Corp.
1,200
53,148
Cadence
BanCorp
260,000
5,389,800
Cambridge
Bancorp
552
46,545
Carter
Bankshares
,
Inc.*
18,000
251,280
CB
Financial
Services,
Inc.
15,300
338,589
CBTX,
Inc.
12,125
372,480
Central
Pacific
Financial
Corp.
20,000
533,600
Central
Valley
Community
Bancorp
55,000
1,012,550
Century
Bancorp,
Inc.,
Class A
5,000
466,550
Chemung
Financial
Corp.
19,500
815,490
Citizens
Community
Bancorp,
Inc.
28,000
347,480
Citizens,
Inc.*+
106,040
613,972
Civista
Bancshares,
Inc.
57,523
1,319,578
CNB
Financial
Corp.
41,900
1,031,159
Industry
Company
Shares
Value
Financials
(continued)
Codorus
Valley
Bancorp,
Inc.
16,122
$
296,806
Community
Bankers
Trust
Corp.
63,800
562,716
Community
Financial
Corp.
(The)
12,500
428,125
Community
Trust
Bancorp,
Inc.
35,000
1,541,050
Community
West
Bancshares
40,000
513,600
ConnectOne
Bancorp,
Inc.
83,400
2,114,190
Consumer
Portfolio
Services,
Inc.*
146,650
590,999
Cortland
Bancorp
10,000
220,700
County
Bancorp,
Inc.+
20,000
479,400
Cowen,
Inc.,
Class A
89,100
3,131,865
Crawford
&
Co.,
Class A
60,000
639,000
Curo
Group
Holdings
Corp.
45,600
665,304
Customers
Bancorp,
Inc.*
79,591
2,532,586
Dime
Community
Bancshares,
Inc.
106,116
3,198,336
Donegal
Group,
Inc.,
Class A
139,000
2,065,540
Donnelley
Financial
Solutions,
Inc.*
54,100
1,505,603
Eagle
Bancorp
Montana,
Inc.
13,800
335,616
Eagle
Bancorp,
Inc.
82,070
4,366,945
Elevate
Credit,
Inc.*+
157,900
461,068
Emclaire
Financial
Corp.
1,200
33,024
Employers
Holdings,
Inc.
76,300
3,285,478
Encore
Capital
Group,
Inc.*+
82,500
3,318,975
Enova
International,
Inc.*
101,307
3,594,372
Enterprise
Bancorp,
Inc.
41,475
1,348,767
Enterprise
Financial
Services
Corp.
81,100
4,009,584
Equity
Bancshares,
Inc.,
Class A*
37,100
1,016,540
Esquire
Financial
Holdings,
Inc.*
22,000
501,820
ESSA
Bancorp,
Inc.
25,200
403,200
Evans
Bancorp,
Inc.
20,501
694,779
EZCORP,
Inc.,
Class A*+
33,900
168,483
Farmers
National
Banc
Corp.
54,550
910,985
FBL
Financial
Group,
Inc.,
Class A
70,806
3,959,472
FedNat
Holding
Co.
46,600
215,758
Financial
Institutions,
Inc.
52,000
1,575,080
First
BanCorp
Puerto
Rico
520,600
5,861,956
Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
(continued)
5
Showing
percentage
of
net
assets
as
of
March
31,
2021
bridgewayfunds.com
Industry
Company
Shares
Value
Common
Stocks
(continued)
Financials
(continued)
First
Bancorp/Southern
Pines
NC
70,200
$
3,053,700
First
Bancshares,
Inc.
(The)
49,200
1,801,212
First
Bank
55,000
669,350
First
Busey
Corp.
123,500
3,167,775
First
Business
Financial
Services,
Inc.
26,400
652,872
First
Capital,
Inc.+
35
1,705
First
Choice
Bancorp
38,000
923,780
First
Commonwealth
Financial
Corp.
273,800
3,934,506
First
Community
Bankshares
,
Inc.
4,579
137,324
First
Financial
Corp.
33,862
1,524,129
First
Financial
Northwest,
Inc.
42,882
611,068
First
Guaranty
Bancshares,
Inc.
20,974
375,644
First
Merchants
Corp.
128,100
5,956,650
First
Mid
Bancshares,
Inc.
51,500
2,262,395
First
Midwest
Bancorp,
Inc.
266,400
5,836,824
First
National
Corp.
18,000
320,940
First
Northwest
Bancorp
2,000
33,240
First
of
Long
Island
Corp.
(The)
20,600
437,750
First
United
Corp.
21,876
385,455
First
US
Bancshares,
Inc.
6,468
60,152
Flushing
Financial
Corp.
63,297
1,343,795
FNCB
Bancorp,
Inc.
6,000
45,240
Franklin
Financial
Services
Corp.
6,100
190,198
FVCBankcorp
,
Inc.*
22,000
381,040
Genworth
Financial,
Inc.,
Class A*
1,300,000
4,316,000
Global
Indemnity
Group,
LLC,
Class A
57,600
1,707,264
Great
Southern
Bancorp,
Inc.
10,000
566,700
Great
Western
Bancorp,
Inc.
98,300
2,977,507
Hallmark
Financial
Services,
Inc.*
45,000
174,600
Hanmi
Financial
Corp.
68,000
1,341,640
Hawthorn
Bancshares,
Inc.
25,252
537,615
HCI
Group,
Inc.+
20,000
1,536,400
Heartland
Financial
USA,
Inc.
77,100
3,875,046
Hennessy
Advisors,
Inc.+
7,000
60,130
Heritage
Commerce
Corp.
12,900
157,638
Heritage
Financial
Corp.
88,400
2,496,416
Industry
Company
Shares
Value
Financials
(continued)
Heritage
Insurance
Holdings,
Inc.
80,700
$
894,156
HMN
Financial,
Inc.*
23,800
478,618
Home
Bancorp,
Inc.
21,994
792,884
HomeStreet
,
Inc.
54,500
2,401,815
Hope
Bancorp,
Inc.
240,800
3,626,448
Horace
Mann
Educators
Corp.
87,000
3,759,270
Horizon
Bancorp,
Inc.
142,267
2,643,321
Howard
Bancorp,
Inc.*
71,000
1,167,240
Independent
Bank
Corp.
47,500
1,122,900
Independent
Bank
Group,
Inc.
114,000
8,235,360
Investar
Holding
Corp.
40,000
822,000
James
River
Group
Holdings,
Ltd.
87,200
3,978,064
Kingstone
Cos.,
Inc.
45,300
386,862
Lakeland
Bancorp,
Inc.
125,850
2,193,566
Landmark
Bancorp,
Inc.
15,297
404,147
LCNB
Corp.
45,500
796,250
LendingClub
Corp.*+
156,500
2,585,380
Limestone
Bancorp,
Inc.*
23,450
371,683
Luther
Burbank
Corp.
203,197
2,403,821
Mackinac
Financial
Corp.
48,500
679,970
Malvern
Bancorp,
Inc.*+
4,900
91,238
Manning
&
Napier,
Inc.
262,875
1,700,801
Marlin
Business
Services
Corp.
23,580
321,631
Meridian
Bancorp,
Inc.
40,000
736,800
Meridian
Corp.
30,000
780,000
Meta
Financial
Group,
Inc.
83,931
3,802,914
Metrocity
Bankshares
,
Inc.
9,291
142,896
Metropolitan
Bank
Holding
Corp.*
21,400
1,077,704
Middlefield
Banc
Corp.
34,000
712,640
Midland
States
Bancorp,
Inc.
28,200
782,268
MidWestOne
Financial
Group,
Inc.
41,460
1,284,016
MMA
Capital
Holdings,
Inc.*
7,800
177,918
Mr
Cooper
Group,
Inc.*
221,966
7,715,538
MVB
Financial
Corp.
32,600
1,101,880
National
Western
Life
Group,
Inc.,
Class A
11,314
2,817,186
Navient
Corp.
450,000
6,439,500
NI
Holdings,
Inc.*
50,000
924,000
Nicholas
Financial,
Inc.*
43,400
458,738
NMI
Holdings,
Inc.,
Class A*
185,000
4,373,400
Northeast
Bank
37,500
989,625
Northfield
Bancorp,
Inc.
55,000
875,600
Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
(continued)
6
Showing
percentage
of
net
assets
as
of
March
31,
2021
Quarterly
Report
|
March
31,
2021
(Unaudited)
Industry
Company
Shares
Value
Common
Stocks
(continued)
Financials
(continued)
Northwest
Bancshares,
Inc.
113,200
$
1,635,740
Oak
Valley
Bancorp+
2,000
34,300
OceanFirst
Financial
Corp.
149,123
3,570,005
Ocwen
Financial
Corp.*
25,001
710,778
OFG
Bancorp
140,000
3,166,800
Old
Point
Financial
Corp.
1,000
23,520
Old
Second
Bancorp,
Inc.
85,550
1,130,115
OP
Bancorp
91,900
966,788
Oportun
Financial
Corp.*
78,000
1,615,380
Oppenheimer
Holdings,
Inc.,
Class A
54,493
2,182,445
Orrstown
Financial
Services,
Inc.
25,600
570,880
Ottawa
Bancorp,
Inc.
1,000
14,900
Pacific
Mercantile
Bancorp*
47,086
419,065
Pacific
Premier
Bancorp,
Inc.
215,900
9,378,696
Parke
Bancorp,
Inc.
50,099
1,001,479
Pathfinder
Bancorp,
Inc.+
3,000
42,750
PCB
Bancorp
58,600
879,000
Peapack
-Gladstone
Financial
Corp.
49,894
1,540,727
Penns
Woods
Bancorp,
Inc.
15,034
362,169
Peoples
Bancorp
of
North
Carolina,
Inc.
24,017
567,762
Peoples
Bancorp,
Inc.
59,600
1,976,932
Peoples
Financial
Services
Corp.
22,900
967,296
Piper
Sandler
Cos.
35,500
3,892,575
Plumas
Bancorp
2,000
58,500
PRA
Group,
Inc.*
25,000
926,750
Preferred
Bank/Los
Angeles
CA
36,600
2,330,688
Premier
Financial
Bancorp,
Inc.
34,650
644,143
Primis
Financial
Corp.
64,158
932,857
ProAssurance
Corp.
90,000
2,408,400
ProSight
Global,
Inc.*
3,500
44,100
Protective
Insurance
Corp.,
Class B
55,400
1,266,998
Provident
Bancorp,
Inc.
54,600
786,240
Provident
Financial
Holdings,
Inc.
51,000
861,900
Provident
Financial
Services,
Inc.
167,731
3,737,047
Prudential
Bancorp,
Inc.
4,600
67,896
QCR
Holdings,
Inc.
33,500
1,581,870
RBB
Bancorp
65,883
1,335,448
Industry
Company
Shares
Value
Financials
(continued)
Regional
Management
Corp.
56,100
$
1,944,426
Renasant
Corp.+
145,780
6,032,376
Republic
Bancorp,
Inc.,
Class A
48,642
2,154,354
Riverview
Bancorp,
Inc.
119,500
828,135
Safety
Insurance
Group,
Inc.
15,000
1,263,750
Salisbury
Bancorp,
Inc.
2,183
96,947
Sandy
Spring
Bancorp,
Inc.
111,900
4,859,817
SB
Financial
Group,
Inc.
33,800
617,188
Security
National
Financial
Corp.,
Class A*
26,201
244,979
Select
Bancorp,
Inc.*
54,591
604,322
Severn
Bancorp,
Inc.
35,000
423,500
Shore
Bancshares,
Inc.
67,012
1,140,544
Sierra
Bancorp
53,000
1,420,400
SiriusPoint
,
Ltd.*
324,600
3,301,182
SmartFinancial
,
Inc.
56,500
1,223,225
Sound
Financial
Bancorp,
Inc.
1,000
41,630
Southern
Missouri
Bancorp,
Inc.
11,000
433,620
Spirit
of
Texas
Bancshares,
Inc.
65,000
1,450,150
Standard
AVB
Financial
Corp.
25,900
845,635
Sterling
Bancorp,
Inc.*
24,000
135,840
Stewart
Information
Services
Corp.
71,714
3,731,279
StoneX
Group,
Inc.*
62,014
4,054,475
Summit
Financial
Group,
Inc.
35,515
942,923
Summit
State
Bank
30,000
489,600
SuRo
Capital
Corp.+
86,900
1,177,495
SWK
Holdings
Corp.*
4,500
65,430
TCG
BDC,
Inc.+
50,000
660,000
Territorial
Bancorp,
Inc.
30,000
793,800
Timberland
Bancorp,
Inc.
25,500
709,155
Tiptree,
Inc.
185,200
1,657,540
TriCo
Bancshares
88,000
4,168,560
TriState
Capital
Holdings,
Inc.*
77,900
1,796,374
TrustCo
Bank
Corp.
NY
183,400
1,351,658
United
Bancorp,
Inc.
17,000
243,440
United
Bancshares,
Inc.+
1,000
25,250
United
Fire
Group,
Inc.
63,800
2,220,240
United
Insurance
Holdings
Corp.
72,200
520,562
Unity
Bancorp,
Inc.
63,867
1,405,074
Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
(continued)
7
Showing
percentage
of
net
assets
as
of
March
31,
2021
bridgewayfunds.com
Industry
Company
Shares
Value
Common
Stocks
(continued)
Financials
(continued)
Universal
Insurance
Holdings,
Inc.
86,316
$
1,237,771
Univest
Financial
Corp.
69,979
2,000,700
Veritex
Holdings,
Inc.
117,380
3,840,674
Waddell
&
Reed
Financial,
Inc.,
Class A
193,800
4,854,690
Walker
&
Dunlop,
Inc.
71,475
7,343,341
Watford
Holdings,
Ltd.*
9,108
315,228
Western
New
England
Bancorp,
Inc.
95,000
800,850
World
Acceptance
Corp.*+
26,100
3,386,736
384,903,650
Health
Care
-
2.82%
American
Shared
Hospital
Services*
8,500
23,545
Brookdale
Senior
Living,
Inc.*
561,000
3,394,050
CynergisTek
,
Inc.*
5,000
9,550
Five
Star
Senior
Living,
Inc.*
154,900
947,988
FONAR
Corp.*
45,500
823,095
Great
Elm
Group,
Inc.*
19,000
46,360
Lannett
Co.,
Inc.*+
118,000
623,040
Magellan
Health,
Inc.*
69,500
6,480,180
National
HealthCare
Corp.
18,500
1,441,335
Opiant
Pharmaceuticals,
Inc.*
400
4,248
Owens
&
Minor,
Inc.
188,500
7,085,715
Prestige
Consumer
Healthcare,
Inc.*+
40,000
1,763,200
SunLink
Health
Systems,
Inc.*
3,500
9,520
Surgery
Partners,
Inc.*
152,241
6,738,187
Tivity
Health,
Inc.*
155,000
3,459,600
Triple-S
Management
Corp.,
Class B*
78,550
2,044,656
34,894,269
Industrials
-
19.23%
AAR
Corp.+
75,000
3,123,750
Acacia
Research
Corp.*
196,000
1,303,400
ACCO
Brands
Corp.
275,300
2,323,532
Acme
United
Corp.
15,000
591,600
Aegion
Corp.*
113,000
3,248,750
AeroCentury
Corp.*+
4,300
15,265
Air
Transport
Services
Group,
Inc.*+
10,000
292,600
Allegiant
Travel
Co.*
39,000
9,518,340
Apogee
Enterprises,
Inc.+
19,400
793,072
Industry
Company
Shares
Value
Industrials
(continued)
ARC
Document
Solutions,
Inc.
100,000
$
211,000
ArcBest
Corp.
69,500
4,890,715
Art's-Way
Manufacturing
Co.,
Inc.*
15,000
46,350
Atlas
Air
Worldwide
Holdings,
Inc.*+
95,700
5,784,108
Avis
Budget
Group,
Inc.*
109,500
7,943,130
BGSF,
Inc.
18,000
252,000
Boise
Cascade
Co.
106,000
6,341,980
BrightView
Holdings,
Inc.*+
257,800
4,349,086
Caesarstone
,
Ltd.
85,600
1,175,288
CAI
International,
Inc.
69,600
3,168,192
Chicago
Rivet
&
Machine
Co.
1,000
25,500
CIRCOR
International,
Inc.*
75,000
2,611,500
Commercial
Vehicle
Group,
Inc.*
144,100
1,390,565
CompX
International,
Inc.
1,000
18,010
Concrete
Pumping
Holdings,
Inc.*
130,000
963,300
Cornerstone
Building
Brands,
Inc.*
378,100
5,304,743
Costamare
,
Inc.
367,200
3,532,464
Covenant
Logistics
Group,
Inc.*
45,300
932,727
DLH
Holdings
Corp.*
83,500
828,320
DXP
Enterprises,
Inc.*
54,000
1,629,180
Eagle
Bulk
Shipping,
Inc.*+
32,142
1,160,969
Eastern
Co.
(The)
19,601
525,307
Echo
Global
Logistics,
Inc.*
84,000
2,638,440
Eneti
,
Inc.+
24,350
512,080
EnPro
Industries,
Inc.
53,800
4,587,526
Fortress
Transportation
and
Infrastructure
Investors,
LLC+
235,000
6,624,650
Genco
Shipping
&
Trading,
Ltd.
180,900
1,823,472
General
Finance
Corp.*
115,764
1,406,533
GMS,
Inc.*
118,200
4,934,850
GP
Strategies
Corp.*
60,000
1,047,000
Greenbrier
Cos.,
Inc.
(The)+
116,700
5,510,574
H&E
Equipment
Services,
Inc.
63,000
2,394,000
Hawaiian
Holdings,
Inc.*
98,300
2,621,661
HC2
Holdings,
Inc.*
335,125
1,320,392
Heidrick
&
Struggles
International,
Inc.
55,000
1,964,600
Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
(continued)
8
Showing
percentage
of
net
assets
as
of
March
31,
2021
Quarterly
Report
|
March
31,
2021
(Unaudited)
Industry
Company
Shares
Value
Common
Stocks
(continued)
Industrials
(continued)
Herc
Holdings,
Inc.*
76,900
$
7,792,277
Hub
Group,
Inc.,
Class A*
20,000
1,345,600
Hudson
Technologies,
Inc.*
18,200
29,302
Huttig
Building
Products,
Inc.*
10,400
38,064
Hyster
-Yale
Materials
Handling,
Inc.
34,600
3,014,352
Interface,
Inc.
153,500
1,915,680
Kelly
Services,
Inc.,
Class A*
99,300
2,211,411
Knoll,
Inc.
185,000
3,054,350
L
B
Foster
Co.,
Class A*
35,700
639,030
Limbach
Holdings,
Inc.*
37,800
399,168
LS
Starrett
Co.
(The),
Class A*
5,000
32,250
LSI
Industries,
Inc.
104,900
894,797
Lydall
,
Inc.*
59,500
2,007,530
Manitowoc
Co.,
Inc.
(The)*
100,000
2,062,000
Matrix
Service
Co.*
75,500
989,805
Matthews
International
Corp.,
Class A
75,000
2,966,250
Maxar
Technologies,
Inc.
168,000
6,353,760
Mesa
Air
Group,
Inc.*
87,900
1,182,255
Miller
Industries,
Inc.
34,400
1,588,936
Mistras
Group,
Inc.*
78,500
895,685
MRC
Global,
Inc.*
72,500
654,675
MYR
Group,
Inc.*
46,020
3,298,253
Navios
Maritime
Holdings,
Inc.*
43,102
377,574
NL
Industries,
Inc.
30,500
227,225
NN,
Inc.*
133,000
940,310
Northwest
Pipe
Co.*
50,000
1,671,000
NOW,
Inc.*
276,566
2,790,551
Orion
Group
Holdings,
Inc.*
173,222
1,051,458
P&F
Industries,
Inc.,
Class A*
696
4,580
PAM
Transportation
Services,
Inc.*
28,805
1,777,269
Pangaea
Logistics
Solutions,
Ltd.
111,200
351,392
Park-Ohio
Holdings
Corp.
40,515
1,275,817
Performant
Financial
Corp.*
175,000
376,250
Perma
-Pipe
International
Holdings,
Inc.*
20,000
121,600
Powell
Industries,
Inc.
25,000
846,750
Preformed
Line
Products
Co.
16,375
1,125,781
Primoris
Services
Corp.
152,100
5,039,073
Quad/Graphics,
Inc.
34,000
120,020
Quanex
Building
Products
Corp.
75,000
1,967,250
Industry
Company
Shares
Value
Industrials
(continued)
Quest
Resource
Holding
Corp.*
41,500
$
161,850
REV
Group,
Inc.
280,000
5,364,800
Rush
Enterprises,
Inc.,
Class A
127,900
6,373,257
Rush
Enterprises,
Inc.,
Class B
56,410
2,543,527
Safe
Bulkers,
Inc.*
312,100
764,645
SEACOR
Holdings,
Inc.*+
52,200
2,127,150
Steelcase,
Inc.,
Class A
350,000
5,036,500
Sterling
Construction
Co.,
Inc.*
100,000
2,320,000
Team,
Inc.*
83,600
963,908
Terex
Corp.
61,000
2,810,270
Textainer
Group
Holdings,
Ltd.*
168,900
4,838,985
Titan
Machinery,
Inc.*
95,100
2,425,050
TrueBlue
,
Inc.*
93,350
2,055,567
Tutor
Perini
Corp.*
133,900
2,537,405
Ultralife
Corp.*
22,400
185,472
Universal
Logistics
Holdings,
Inc.
69,400
1,825,914
US
Xpress
Enterprises,
Inc.,
Class A*
195,000
2,291,250
USA
Truck,
Inc.*
10,000
191,100
Veritiv
Corp.*
53,500
2,275,890
Viad
Corp.
59,000
2,463,250
Volt
Information
Sciences,
Inc.*
14,200
55,948
VSE
Corp.
20,600
813,700
Wabash
National
Corp.
148,900
2,799,320
WESCO
International,
Inc.*
90,000
7,787,700
Willis
Lease
Finance
Corp.*
35,400
1,538,484
237,660,793
Information
Technology
-
4.68%
Alpha
&
Omega
Semiconductor,
Ltd.*
74,544
2,437,589
Avaya
Holdings
Corp.*
220,500
6,180,615
Aviat
Networks,
Inc.*
20,200
1,435,008
Bel
Fuse,
Inc.,
Class B
24,500
487,305
Benchmark
Electronics,
Inc.
71,000
2,195,320
BM
Technologies,
Inc.,
Restricted*
∆
^^
14,096
164,218
Communications
Systems,
Inc.+
20,000
119,200
Computer
Task
Group,
Inc.*
50,000
477,500
Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
(continued)
9
Showing
percentage
of
net
assets
as
of
March
31,
2021
bridgewayfunds.com
Industry
Company
Shares
Value
Common
Stocks
(continued)
Information
Technology
(continued)
Comtech
Telecommunications
Corp.
66,015
$
1,639,813
Conduent
,
Inc.*
565,000
3,762,900
Daktronics,
Inc.*
10,300
64,581
Eastman
Kodak
Co.*+
163,181
1,284,234
GTT
Communications,
Inc.*+
140,000
256,200
Information
Services
Group,
Inc.*
140,300
617,320
Innodata,
Inc.*
18,000
113,400
Kimball
Electronics,
Inc.*
87,600
2,260,080
MTS
Systems
Corp.*
21,408
1,245,946
NETGEAR,
Inc.*+
40,000
1,644,000
NetScout
Systems,
Inc.*+
129,500
3,646,720
NetSol
Technologies,
Inc.*
39,800
156,414
Photronics
,
Inc.*
206,050
2,649,803
Sanmina
Corp.*
145,100
6,004,238
ScanSource
,
Inc.*
72,100
2,159,395
StarTek
,
Inc.*
232,000
1,844,400
Steel
Connect,
Inc.*
65,000
128,700
Super
Micro
Computer,
Inc.*
125,425
4,899,101
Support.com,
Inc.*+
75,000
344,250
Taitron
Components,
Inc.,
Class A+
10,000
41,300
Trio-Tech
International*
21,800
97,880
TSR,
Inc.*
1,000
8,690
TTM
Technologies,
Inc.*
270,153
3,917,218
VirnetX
Holding
Corp.+
215,000
1,197,550
Wayside
Technology
Group,
Inc.
16,400
412,296
Xperi
Holding
Corp.
183,500
3,994,795
57,887,979
Materials
-
7.86%
Advanced
Emissions
Solutions,
Inc.*
42,075
231,412
AdvanSix
,
Inc.*
70,000
1,877,400
AgroFresh
Solutions,
Inc.*
148,300
296,600
Allegheny
Technologies,
Inc.*
97,300
2,049,138
Alpha
Metallurgical
Resources,
Inc.*
71,800
906,834
Ampco
-Pittsburgh
Corp.*
60,000
405,000
Caledonia
Mining
Corp.
PLC+
9,200
131,468
Carpenter
Technology
Corp.
120,000
4,938,000
Century
Aluminum
Co.*+
300,000
5,298,000
Clearwater
Paper
Corp.*
57,000
2,144,340
Industry
Company
Shares
Value
Materials
(continued)
Core
Molding
Technologies,
Inc.*
30,000
$
351,795
Domtar
Corp.
157,000
5,801,150
Friedman
Industries,
Inc.
52,100
421,489
FutureFuel
Corp.
142,800
2,074,884
Glatfelter
Corp.
147,400
2,527,910
Haynes
International,
Inc.
30,410
902,265
Intrepid
Potash,
Inc.*
34,356
1,118,631
Kaiser
Aluminum
Corp.
38,600
4,265,300
Koppers
Holdings,
Inc.*
40,000
1,390,400
Kraton
Corp.*
85,150
3,115,639
Mercer
International,
Inc.
181,150
2,606,748
Minerals
Technologies,
Inc.
80,900
6,093,388
Olympic
Steel,
Inc.
37,000
1,089,650
PQ
Group
Holdings,
Inc.
376,850
6,293,395
Ramaco
Resources,
Inc.*
91,400
386,622
Rayonier
Advanced
Materials,
Inc.*
224,500
2,036,215
Resolute
Forest
Products,
Inc.*
251,500
2,753,925
Ryerson
Holding
Corp.*
115,000
1,959,600
Schnitzer
Steel
Industries,
Inc.,
Class A
92,800
3,878,112
SunCoke
Energy,
Inc.
84,700
593,747
TimkenSteel
Corp.*+
122,500
1,439,375
Trecora
Resources*
72,600
564,102
Tredegar
Corp.
106,700
1,601,567
Tronox
Holdings
PLC,
Class A
362,185
6,627,985
United
States
Steel
Corp.+
395,000
10,337,150
Universal
Stainless
&
Alloy
Products,
Inc.*
22,450
228,317
US
Concrete,
Inc.*+
60,000
4,399,200
Verso
Corp.,
Class A
101,800
1,485,262
Warrior
Met
Coal,
Inc.
142,992
2,449,453
97,071,468
Real
Estate
-
1.08%
Altisource
Portfolio
Solutions
SA*+
15,000
137,850
BBX
Capital,
Inc.*+
55,208
350,571
Newmark
Group,
Inc.,
Class A
721,000
7,213,605
Realogy
Holdings
Corp.*+
370,600
5,607,178
13,309,204
TOTAL
COMMON
STOCKS
-
100.00%
1,235,858,144
(Cost
$757,781,884)
Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
(continued)
10
Showing
percentage
of
net
assets
as
of
March
31,
2021
Quarterly
Report
|
March
31,
2021
(Unaudited)
Security
subject
to
restrictions
on
resale.
Industry
Company
Shares
Value
.
Preferred
Stock
-
0.00%
Air
T
Funding,
8.00%***+
221
$
5,547
TOTAL
PREFERRED
STOCK
-
0.00%
5,547
(Cost
$4,597)
.
Rights
-
0.01%
Newstar
Financial,
Inc.,
CVR*
∆
120,000
—
Pan
American
Silver
Corp.,
CVR*
150,000
130,500
TOTAL
RIGHTS
-
0.01%
130,500
(Cost
$44,719)
.
Warrants
-
0.00%
Air
T
Funding,
expiring
06/07/20*
11,644
2,399
Eagle
Bulk
Shipping,
Inc.,
expiring
10/15/21*
3,317
166
TOTAL
WARRANTS
-
0.00%
2,565
(Cost
$106,728)
^
Rate^
B
Shares
B
Value
.
Money
Market
Fund
-
0.02%
Fidelity
Investments
Money
Market
Government
Portfolio
Class
I
0.01%
260,666
260,666
TOTAL
MONEY
MARKET
FUND
-
0.02%
260,666
(Cost
$260,666)
.
Investments
Purchased
With
Cash
Proceeds
From
Securities
Lending
-
1.84%
Fidelity
Investments
Money
Market
Government
Portfolio
Class
I**
0.01%
22,733,933
22,733,933
TOTAL
INVESTMENTS
PURCHASED
WITH
CASH
PROCEEDS
FROM
SECURITIES
LENDING
-
1.84%
22,733,933
(Cost
$22,733,933)
TOTAL
INVESTMENTS
-
101.87%
$
1,258,991,355
(Cost
$780,932,527)
Liabilities
in
Excess
of
Other
Assets
-
(1.87%)
(23,060,545)
NET
ASSETS
-
100.00%
$
1,235,930,810
*
Non-income
producing
security.
**
This
security
represents
the
investment
of
the
cash
collateral
received
in
connection
with
securities
out
on
loan
as
of
March
31,
2021.
***
Security
is
perpetual
and
has
no
stated
maturity
date.
^
Rate
disclosed
as
of
March
31,
2021.
^^
Security
subject
to
restrictions
on
resale,
see
additional
information
below.
∆
Security
was
fair
valued
using
significant
unobservable
inputs.
As
such,
the
security
is
classified
as
Level
3
in
the
fair
value
hierarchy.
+
This
security
or
a
portion
of
the
security
is
out
on
loan
as
of
March
31,
2021.
Total
loaned
securities
had
a
value
of
$139,131,138
as
of
March
31,
2021.
Shares
Issuer
Acquisition
Date
Cost
Market
Value
at
3/31
Market
Value
Per
Unit
14,096
BM
Technologies,
Inc.
12/17/20
$
176,200
$
164,218
11.65
CVR
-
Contingent
Value
Right
LLC
-
Limited
Liability
Company
PLC
-
Public
Limited
Company
Omni
Small-Cap
Value
Fund
Schedule
of
Investments
(Unaudited)
(continued)
11
Showing
percentage
of
net
assets
as
of
March
31,
2021
bridgewayfunds.com
Summary
of
inputs
used
to
value
the
Fund’s
investments
as
of
3/31/2021
:
Valuation
Inputs
Investment
in
Securities
(Value)
Level
1
Quoted
Prices
Level
2
Significant
Observable
Inputs
Level
3
Significant
Unobservable
Inputs
Total
Common
Stocks
Financials
$
384,888,750
$
14,900
$
–
$
384,903,650
Information
Technology
57,723,761
–
164,218
57,887,979
Other
Industries
(a)
793,066,515
–
–
793,066,515
Total
Common
Stocks
1,235,679,026
14,900
164,218
1,235,858,144
Preferred
Stock
5,547
–
–
5,547
Rights
130,500
–
0
130,500
Warrants
2,399
166
–
2,565
Money
Market
Fund
–
260,666
–
260,666
Investments
Purchased
With
Cash
Proceeds
From
Securities
Lending
–
22,733,933
–
22,733,933
TOTAL
$1,235,817,472
$23,009,665
$164,218
$1,258,991,355
(a)
-
Please
refer
to
the
Schedule
of
Investments
for
the
industry
classifications
of
these
portfolio
holdings.
Following
is
a
reconciliation
of
Level
3
investments
for
which
significant
unobservable
inputs
were
used
to
determine
fair
value:
Investment
in
Securities
(Value)
Common
Stocks
Rights
Total
Balance
as
of
06/30/2020
$
–
$
6,000
$
6,000
Purchases
176,200
–
176,200
Sales
–
–
–
Return
of
Capital
–
–
–
Realized
Gain/(Loss)
–
–
–
Change
in
unrealized
Appreciation/(Depreciation)
(11,982)
(6,000)
(17,982)
Transfers
in
–
–
–
Transfers
out
–
–
–
Balance
as
of
03/31/2021
$
164,218
$
0
$
164,218
Net
change
in
unrealized
Appreciation/(Depreciation)
from
investments
held
as
of
03/31/2021
$
(11,982)
$
(6,000)
$
(17,982)