0001752724-22-219858.txt : 20220927
0001752724-22-219858.hdr.sgml : 20220927
20220927171514
ACCESSION NUMBER: 0001752724-22-219858
CONFORMED SUBMISSION TYPE: NPORT-P
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20220731
FILED AS OF DATE: 20220927
DATE AS OF CHANGE: 20220927
PERIOD START: 20221031
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: OAK ASSOCIATES FUNDS
CENTRAL INDEX KEY: 0001050918
IRS NUMBER: 000000000
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1031
FILING VALUES:
FORM TYPE: NPORT-P
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-08549
FILM NUMBER: 221272024
BUSINESS ADDRESS:
STREET 1: C/O ULTIMUS FUND SOLUTIONS, LLC
STREET 2: 225 PICTORIA DRIVE, SUITE 450
CITY: CINCINNATI
STATE: OH
ZIP: 45246
BUSINESS PHONE: 513-587-3405
MAIL ADDRESS:
STREET 1: C/O ULTIMUS FUND SOLUTIONS, LLC
STREET 2: 225 PICTORIA DRIVE, SUITE 450
CITY: CINCINNATI
STATE: OH
ZIP: 45246
0001050918
S000006538
WHITE OAK SELECT GROWTH FUND
C000017873
WHITE OAK SELECT GROWTH FUND
WOGSX
NPORT-P
1
primary_doc.xml
NPORT-P
false
0001050918
XXXXXXXX
S000006538
C000017873
Oak Associates Funds
811-08549
0001050918
54930064H3XUADDZTB14
3875 Embassy Parkway
Suite 250
Akron
44333
888-462-5386
WHITE OAK SELECT GROWTH FUND
S000006538
549300KQ8CF1SBQ7TP82
2022-10-31
2022-07-31
N
370774462.08
305771.78
370468690.30
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0
N
Mount Vernon Liquid Assets Portfolio, LLC
N/A
Mount Vernon Liquid Assets Portfolio, LLC
000000000
38283814.75000000
PA
USD
38283814.75000000
10.33388670956
Long
STIV
CORP
US
N
N/A
N
N
Cognizant Technology Solutions Corp.
5493006IEVQEFQO40L83
Cognizant Technology Solutions Corp.
192446102
100000.00000000
NS
USD
6796000.00000000
1.834433024420
Long
EC
CORP
US
N
1
N
N
N
Zimmer Biomet Holdings Inc
2P2YLDVPES3BXQ1FRB91
Zimmer Biomet Holdings, Inc.
98956P102
77390.00000000
NS
USD
8543082.10000000
2.306020002144
Long
EC
CORP
US
N
1
N
N
N
The Charles Schwab Corporation
549300VSGCJ7E698NM85
Charles Schwab Corp./The
808513105
374100.00000000
NS
USD
25831605.00000000
6.972682355176
Long
EC
CORP
US
N
1
N
N
N
Lowes Companies, Inc.
WAFCR4OKGSC504WU3E95
Lowe's Cos., Inc.
548661107
90000.00000000
NS
USD
17237700.00000000
4.652943811808
Long
EC
CORP
US
N
1
N
N
N
Amazon.com, Inc.
ZXTILKJKG63JELOEG630
Amazon.com, Inc.
023135106
314100.00000000
NS
USD
42387795.00000000
11.44166730140
Long
EC
CORP
US
N
1
N
N
N
QUALCOMM Inc.
H1J8DDZKZP6H7RWC0H53
QUALCOMM, Inc.
747525103
122300.00000000
NS
USD
17740838.00000000
4.788755018847
Long
EC
CORP
US
N
1
N
N
N
Laboratory Corp of America Holdings
OZ7UA8IXAIFILY2VZH07
Laboratory Corp of America Holdings
50540R409
47770.00000000
NS
USD
12524816.30000000
3.380802920175
Long
EC
CORP
US
N
1
N
N
N
Meta Platforms Inc
BQ4BKCS1HXDV9HN80Z93
Meta Platforms, Inc.
30303M102
68150.00000000
NS
USD
10842665.00000000
2.926742605756
Long
EC
CORP
US
N
1
N
N
N
Alphabet Inc.
5493006MHB84DD0ZWV18
Alphabet, Inc.
02079K107
248000.00000000
NS
USD
28926720.00000000
7.808141620976
Long
EC
CORP
US
N
1
N
N
N
NXP Semiconductors NV
724500M9BY5293JDF951
NXP Semiconductors NV
N6596X109
63125.00000000
NS
USD
11607425.00000000
3.133173005956
Long
EC
CORP
NL
N
1
N
N
N
Alcon AG
549300LDT5AP8S0NBM78
Alcon, Inc.
H01301128
138000.00000000
NS
USD
10776420.00000000
2.908861202622
Long
EC
CORP
CH
N
1
N
N
Salesforce Inc
RCGZFPDMRW58VJ54VR07
salesforce.com, Inc.
79466L302
44375.00000000
NS
USD
8165887.50000000
2.204204488478
Long
EC
CORP
US
N
1
N
N
N
Pfizer Inc.
765LHXWGK1KXCLTFYQ30
Pfizer, Inc.
717081103
275700.00000000
NS
USD
13925607.00000000
3.758916033828
Long
EC
CORP
US
N
1
N
N
N
Digital Realty Trust Inc
549300HKCZ31D08NEI41
Digital Realty Trust, Inc.
253868103
73490.00000000
NS
USD
9733750.50000000
2.627415151363
Long
EC
CORP
US
N
1
N
N
N
KLA Corporation
549300H0BF5JCG96TJ81
KLA-Tencor Corp.
482480100
58835.00000000
NS
USD
22565575.90000000
6.091088529431
Long
EC
CORP
US
N
1
N
N
Novartis AG
5493007HIVTX6SY6XD66
Novartis AG
66987V109
134060.00000000
NS
USD
11506369.80000000
3.105895343188
Long
EC
CORP
CH
N
1
N
N
Chubb Limited
E0JAN6VLUDI1HITHT809
Chubb Ltd.
H1467J104
91890.00000000
NS
USD
17334129.60000000
4.678972894028
Long
EC
CORP
CH
N
1
N
N
N
Skyworks Solutions, Inc.
549300WZ3ORQ2BVKBD96
Skyworks Solutions, Inc.
83088M102
63196.00000000
NS
USD
6880780.48000000
1.857317678972
Long
EC
CORP
US
N
1
N
N
N
Cisco Systems, Inc.
549300LKFJ962MZ46593
Cisco Systems, Inc.
17275R102
490000.00000000
NS
USD
22231300.00000000
6.000857989374
Long
EC
CORP
US
N
1
N
N
N
Amgen Inc.
62QBXGPJ34PQ72Z12S66
Amgen, Inc.
031162100
82460.00000000
NS
USD
20406376.20000000
5.508259330491
Long
EC
CORP
US
N
1
N
N
N
N/A
N/A
Prime Solutions 1.95% 8/1/22
N/A
7460409.72000000
PA
USD
7460409.72000000
2.013776039740
Long
RA
CORP
US
N
N/A
Repurchase
N
1.95000000
2022-08-01
7973963.86000000
USD
7609619.62999999
USD
UST
N
N
N
JPMorgan Chase & Co.
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co.
46625H100
139065.00000000
NS
USD
16042538.40000000
4.330335820554
Long
EC
CORP
US
N
1
N
N
N
Alphabet Inc.
5493006MHB84DD0ZWV18
Alphabet, Inc.
02079K305
152000.00000000
NS
USD
17680640.00000000
4.772505872407
Long
EC
CORP
US
N
1
N
N
N
State Street Corporation
549300ZFEEJ2IP5VME73
State Street Corp.
857477103
42200.00000000
NS
USD
2997888.00000000
0.809214942718
Long
EC
CORP
US
N
1
N
N
N
2022-07-31
Oak Associates Funds
Gregory Knoth
Gregory Knoth
SVP, Mutual Fund Controller
XXXX
NPORT-EX
2
ultimus_5715.htm
NPORT-EX FILE OAK JULY 2022
White
Oak
Select
Growth
Fund
Schedule
of
Investments
July
31,
2022
-
(Unaudited)
323
COMMON
STOCKS
-
97.95%
Shares
Fair
Value
COMMUNICATIONS
-
15.52%
Internet
Media
&
Services
-
15.52%
Alphabet,
Inc.
-
Class
A
(a)
152,000
$
17,680,640
Alphabet,
Inc.
-
Class
C
(a)
248,000
28,926,720
Meta
Platforms,
Inc.
-
Class
A
(a)
68,150
10,842,665
57,450,025
CONSUMER
DISCRETIONARY
-
16.10%
E-Commerce
Discretionary
-
11.45%
Amazon.com,
Inc.
(a)
314,100
42,387,795
Retail
-
Discretionary
-
4.65%
Lowe's
Cos.,
Inc.
90,000
17,237,700
FINANCIALS
-
16.80%
Asset
Management
-
6.98%
Charles
Schwab
Corp.
(The)
374,100
25,831,605
Banking
-
4.33%
JPMorgan
Chase
&
Co.
139,065
16,042,538
Institutional
Financial
Services
-
0.81%
State
Street
Corp.
42,200
2,997,888
Insurance
-
4.68%
Chubb
Ltd.
91,890
17,334,130
HEALTH
CARE
-
20.98%
Biotech
&
Pharma
-
12.38%
Amgen,
Inc.
82,460
20,406,376
Novartis
AG
-
ADR
(b)
134,060
11,506,370
Pfizer,
Inc.
275,700
13,925,607
45,838,353
Health
Care
Facilities
&
Services
-
3.38%
Laboratory
Corp.
of
America
Holdings
47,770
12,524,816
Medical
Equipment
&
Devices
-
5.22%
Alcon,
Inc.
(b)
138,000
10,776,420
Zimmer
Biomet
Holdings,
Inc.
77,390
8,543,082
19,319,502
REAL
ESTATE
-
2.63%
REIT
-
2.63%
Digital
Realty
Trust,
Inc.
73,490
9,733,750
TECHNOLOGY
-
25.92%
Semiconductors
-
15.88%
KLA
Corp.
(b)
58,835
22,565,576
NXP
Semiconductors
NV
63,125
11,607,425
QUALCOMM,
Inc.
122,300
17,740,838
Skyworks
Solutions,
Inc.
63,196
6,880,780
58,794,619
Software
-
2.20%
Salesforce.com,
Inc.
(a)
44,375
8,165,888
White
Oak
Select
Growth
Fund
Schedule
of
Investments
(continued)
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
97.95%
(Continued)
Shares
Fair
Value
TECHNOLOGY
-
25.92%
(Continued)
Technology
Hardware
-
6.00%
Cisco
Systems,
Inc.
490,000
$
22,231,300
Technology
Services
-
1.84%
Cognizant
Technology
Solutions
Corp.
-
Class
A
100,000
6,796,000
TOTAL
COMMON
STOCKS
(Cost $195,229,026)
362,685,909
SHORT-TERM
INVESTMENTS
-
12.35%
Shares
Fair
Value
REPURCHASE
AGREEMENTS
-
2.01%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
0.14%,
dated
7/29/2022
and
maturing
8/1/2022,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
0.13%
to
2.75%
and
maturity
dates
ranging
from
1/31/2023
to
6/30/2028
with
a
par
value
of
$7,973,964
and
a
collateral
value
of
$7,609,618
7,460,410
7,460,410
COLLATERAL
FOR
SECURITIES
LOANED
-
10.34%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
2.30%
(c)
38,283,815
38,283,815
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $45,744,225)
45,744,225
TOTAL
INVESTMENTS-
110.30%
(Cost
$240,973,251)
408,430,134
Liabilities
in
Excess
of
Other
Assets - (10.30)%
(38,152,706)
NET
ASSETS
-
100.00%
$
370,277,428
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
market
value
of
securities
on
loan
is
$38,082,479.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
July
31,
2022.
ADR
-
American
Depositary
Receipt.
Pin
Oak
Equity
Fund
Schedule
of
Investments
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
98.50%
Shares
Fair
Value
COMMUNICATIONS
-
15.42%
Internet
Media
&
Services
-
15.42%
Alphabet,
Inc.
-
Class
A
(a)
35,000
$
4,071,200
Alphabet,
Inc.
-
Class
C
(a)
120,000
13,996,800
Meta
Platforms,
Inc.
-
Class
A
(a)
23,900
3,802,490
21,870,490
CONSUMER
DISCRETIONARY
-
23.53%
Automotive
-
5.02%
Gentex
Corp.
252,500
7,125,550
E-Commerce
Discretionary
-
13.17%
Amazon.com,
Inc.
(a)
102,400
13,818,880
eBay,
Inc.
100,000
4,863,000
18,681,880
Home
Construction
-
5.34%
M/I
Homes,
Inc.
(a)
103,901
4,780,485
Taylor
Morrison
Home
Corp.
(a)
97,400
2,795,380
7,575,865
CONSUMER
STAPLES
-
0.55%
Household
Products
-
0.55%
Haleon
PLC
-
ADR
(a)(b)
111,760
785,673
FINANCIALS
-
13.70%
Asset
Management
-
5.80%
Charles
Schwab
Corp.
(The)
119,101
8,223,924
Institutional
Financial
Services
-
3.08%
Bank
of
New
York
Mellon
Corp.
(The)
100,745
4,378,378
Insurance
-
4.82%
Assurant,
Inc.
(b)
38,900
6,837,842
HEALTH
CARE
-
25.08%
Biotech
&
Pharma
-
7.24%
Amgen,
Inc.
18,500
4,578,195
Gilead
Sciences,
Inc.
32,085
1,917,079
GlaxoSmithKline
PLC
-
ADR
(a)(b)
89,408
3,770,335
10,265,609
Health
Care
Facilities
&
Services
-
8.40%
McKesson
Corp.
28,900
9,871,662
Quest
Diagnostics,
Inc.
15,000
2,048,550
11,920,212
Medical
Equipment
&
Devices
-
9.44%
Illumina,
Inc.
(a)
18,655
4,042,166
Intuitive
Surgical,
Inc.
(a)
20,620
4,746,105
Medtronic
PLC
49,845
4,611,659
13,399,930
TECHNOLOGY
-
20.22%
Semiconductors
-
5.00%
KLA
Corp.
18,498
7,094,723
Pin
Oak
Equity
Fund
Schedule
of
Investments
(continued)
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
98.50%
(Continued)
Shares
Fair
Value
TECHNOLOGY
-
20.22%
(Continued)
Technology
Services
-
15.22%
Amdocs
Ltd.
81,587
$
7,102,964
Paychex,
Inc.
43,649
5,599,294
PayPal
Holdings,
Inc.
(a)
26,230
2,269,682
Visa,
Inc.
-
Class
A
(b)
31,220
6,622,074
21,594,014
TOTAL
COMMON
STOCKS
(Cost $84,251,741)
139,754,090
SHORT-TERM
INVESTMENTS
-
5.36%
Shares
Fair
Value
REPURCHASE
AGREEMENTS
-
1.54%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
0.14%,
dated
7/29/2022
and
maturing
8/1/2022,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
0.13%
to
2.75%
and
maturity
dates
ranging
from
1/31/2023
to
6/30/2028
with
a
par
value
of
$2,335,669
and
a
collateral
value
of
$2,228,948
2,185,243
2,185,243
COLLATERAL
FOR
SECURITIES
LOANED
-
3.82%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
2.30%
(c)
5,413,283
5,413,283
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $7,598,526)
7,598,526
TOTAL
INVESTMENTS-
103.86%
(Cost
$91,850,267)
147,352,616
Liabilities
in
Excess
of
Other
Assets - (3.86)%
(5,479,801)
NET
ASSETS
-
100.00%
$
141,872,815
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
market
value
of
securities
on
loan
is
$5,293,707.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
July
31,
2022.
ADR
-
American
Depositary
Receipt.
Rock
Oak
Core
Growth
Fund
Schedule
of
Investments
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
91.33%
Shares
Fair
Value
CONSUMER
DISCRETIONARY
-
13.83%
Automotive
-
4.13%
Gentex
Corp.
15,785
$
445,453
Home
Construction
-
3.56%
PulteGroup,
Inc.
(a)
8,820
384,728
Leisure
Products
-
2.73%
Thor
Industries,
Inc.
(a)
3,490
294,312
Wholesale
-
Discretionary
-
3.41%
Pool
Corp.
(a)
1,030
368,431
ENERGY
-
6.01%
Oil
&
Gas
Producers
-
2.27%
Murphy
USA,
Inc.
864
245,687
Renewable
Energy
-
3.74%
SolarEdge
Technologies,
Inc.
(b)
1,120
403,346
FINANCIALS
-
8.39%
Insurance
-
8.39%
Assurant,
Inc.
(a)
1,830
321,677
Hartford
Financial
Services
Group,
Inc.
(The)
9,065
584,421
906,098
HEALTH
CARE
-
20.81%
Biotech
&
Pharma
-
10.43%
Exelixis,
Inc.
(a)
(b)
18,149
379,677
Jazz
Pharmaceuticals
PLC
(b)
3,655
570,399
Viatris,
Inc.
18,120
175,583
1,125,659
Health
Care
Facilities
&
Services
-
8.86%
Cardinal
Health,
Inc.
5,770
343,661
Medpace
Holdings,
Inc.
(b)
1,186
201,063
Quest
Diagnostics,
Inc.
(a)
3,015
411,758
956,482
Medical
Equipment
&
Devices
-
1.52%
Illumina,
Inc.
(b)
760
164,677
INDUSTRIALS
-
14.42%
Aerospace
&
Defense
-
3.08%
TransDigm
Group,
Inc.
(b)
535
332,952
Commercial
Support
Services
-
4.02%
Republic
Services,
Inc.
3,130
434,006
Machinery
-
7.32%
Enovis
Corp.
(b)
3,618
216,067
Esab
Corp.
(a)
3,618
149,134
Nordson
Corp.
(a)
1,839
424,790
789,991
Rock
Oak
Core
Growth
Fund
Schedule
of
Investments
(continued)
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
91.33%
(Continued)
Shares
Fair
Value
MATERIALS
-
4.98%
Construction
Materials
-
4.98%
Carlisle
Cos.,
Inc.
(a)
1,815
$
537,421
TECHNOLOGY
-
22.89%
Software
-
1.89%
Citrix
Systems,
Inc.
2,015
204,341
Technology
Hardware
-
15.54%
F5,
Inc.
(b)
2,820
471,955
NetApp,
Inc.
5,805
414,071
Seagate
Technology
PLC
5,760
460,685
Ubiquiti
Networks,
Inc.
(a)
1,095
330,285
1,676,996
Technology
Services
-
5.46%
Amdocs
Ltd.
2,475
215,473
Cognizant
Technology
Solutions
Corp.
-
Class
A
5,507
374,256
589,729
TOTAL
COMMON
STOCKS
(Cost $7,494,045)
9,860,309
SHORT-TERM
INVESTMENTS
-
35.33%
Shares
Fair
Value
REPURCHASE
AGREEMENTS
-
8.75%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
0.14%,
dated
7/29/2022
and
maturing
8/1/2022,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
0.13%
to
2.75%
and
maturity
dates
ranging
from
1/31/2023
to
6/30/2028
with
a
par
value
of
$1,009,422
and
a
collateral
value
of
$963,300
944,411
944,411
COLLATERAL
FOR
SECURITIES
LOANED
-
26.58%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
2.30%
(c)
2,869,682
2,869,682
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $3,814,093)
3,814,093
TOTAL
INVESTMENTS-
126.66%
(Cost
$11,308,138)
13,674,402
Liabilities
in
Excess
of
Other
Assets - (26.66)%
(2,878,674)
NET
ASSETS
-
100.00%
$
10,795,728
(a)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
market
value
of
securities
on
loan
is
$2,844,300.
(b)
Non-income
producing
security.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
July
31,
2022.
River
Oak
Discovery
Fund
Schedule
of
Investments
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
86.61%
Shares
Fair
Value
COMMUNICATIONS
-
0.47%
Advertising
&
Marketing
-
0.47%
QuinStreet,
Inc.
(a)
9,875
$
106,156
CONSUMER
DISCRETIONARY
-
13.24%
Consumer
Services
-
3.65%
Aaron's
Co.,
Inc.
(The)
3,000
39,060
Adtalem
Global
Education,
Inc.
(a)
19,770
792,777
831,837
Home
Construction
-
6.37%
M/I
Homes,
Inc.
(a)
14,386
661,900
Taylor
Morrison
Home
Corp.
(a)
27,416
786,839
1,448,739
Retail
-
Discretionary
-
3.22%
Asbury
Automotive
Group,
Inc.
(a)(b)
4,275
733,761
CONSUMER
STAPLES
-
3.03%
Household
Products
-
3.03%
Edgewell
Personal
Care
Co.
17,322
689,069
FINANCIALS
-
14.16%
Asset
Management
-
7.03%
AllianceBernstein
Holding
LP
21,518
948,083
Artisan
Partners
Asset
Management,
Inc.
-
Class
A
(b)
16,381
651,309
1,599,392
Banking
-
2.95%
Atlantic
Union
Bancshares
Corp.
4,000
138,360
Dime
Community
Bancshares,
Inc.
(b)
15,671
534,068
672,428
Insurance
-
3.47%
CNO
Financial
Group,
Inc.
17,345
325,219
Selective
Insurance
Group,
Inc.
(b)
5,960
464,045
789,264
Specialty
Finance
-
0.71%
PROG
Holdings,
Inc.
(a)
8,850
163,017
INDUSTRIALS
-
17.86%
Commercial
Support
Services
-
7.32%
Barrett
Business
Services,
Inc.
6,101
497,781
Korn
Ferry
11,772
771,184
Vectrus,
Inc.
(a)
11,923
396,320
1,665,285
Electrical
Equipment
-
3.68%
Advanced
Energy
Industries,
Inc.
(b)
9,353
837,000
Industrial
Support
Services
-
2.07%
Applied
Industrial
Technologies,
Inc.
4,694
472,170
Machinery
-
3.35%
Kadant,
Inc.
3,740
762,399
River
Oak
Discovery
Fund
Schedule
of
Investments
(continued)
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
86.61%
(Continued)
Shares
Fair
Value
INDUSTRIALS
-
17.86%
(Continued)
Transportation
Equipment
-
1.44%
Meritor,
Inc.
(a)
9,000
$
327,780
TECHNOLOGY
-
37.85%
Semiconductors
-
18.70%
Cirrus
Logic,
Inc.
(a)(b)
11,397
973,988
Cohu,
Inc.
(a)(b)
21,455
613,184
Diodes,
Inc.
(a)(b)
6,870
559,012
Kulicke
&
Soffa
Industries,
Inc.
(b)
19,620
944,114
Silicon
Motion
Technology
Corp.
-
ADR
13,665
1,165,761
4,256,059
Software
-
14.31%
Calix,
Inc.
(a)(b)
14,095
803,979
Cerence,
Inc.
(a)(b)
15,147
426,691
Mandiant,
Inc.
(a)
34,558
787,231
NextGen
Healthcare,
Inc.
(a)(b)
35,190
602,453
Verint
Systems,
Inc.
(a)
13,948
637,005
3,257,359
Technology
Services
-
4.84%
CSG
Systems
International,
Inc.
(b)
7,000
456,750
Perficient,
Inc.
(a)(b)
6,121
645,888
1,102,638
TOTAL
COMMON
STOCKS
(Cost $15,749,298)
19,714,353
SHORT-TERM
INVESTMENTS
-
46.59%
Shares
Fair
Value
REPURCHASE
AGREEMENTS
-
13.20%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
0.14%,
dated
7/29/2022
and
maturing
8/1/2022,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
0.13%
to
2.75%
and
maturity
dates
ranging
from
1/31/2023
to
6/30/2028
with
a
par
value
of
$3,211,043
and
a
collateral
value
of
$3,064,324
3,004,239
3,004,239
COLLATERAL
FOR
SECURITIES
LOANED
-
33.39%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
2.30%
(c)
7,600,190
7,600,190
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $10,604,429)
10,604,429
TOTAL
INVESTMENTS-
133.20%
(Cost
$26,353,727)
30,318,782
Liabilities
in
Excess
of
Other
Assets - (33.20)%
(7,557,513)
NET
ASSETS
-
100.00%
$
22,761,269
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
market
value
of
securities
on
loan
is
$7,492,138.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
July
31,
2022.
ADR
-
American
Depositary
Receipt.
Red
Oak
Technology
Select
Fund
Schedule
of
Investments
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
99.39%
Shares
Fair
Value
COMMUNICATIONS
-
14.07%
Internet
Media
&
Services
-
14.07%
Alphabet,
Inc.
-
Class
A
(a)
95,000
$
11,050,400
Alphabet,
Inc.
-
Class
C
(a)
344,720
40,208,141
Meta
Platforms,
Inc.
-
Class
A
(a)
143,225
22,787,097
74,045,638
CONSUMER
DISCRETIONARY
-
10.90%
E-Commerce
Discretionary
-
10.90%
Amazon.com,
Inc.
(a)
308,000
41,564,600
eBay,
Inc.
324,030
15,757,579
57,322,179
REAL
ESTATE
-
2.54%
REIT
-
2.54%
Digital
Realty
Trust,
Inc.
100,770
13,346,986
TECHNOLOGY
-
71.88%
Semiconductors
-
24.44%
Broadcom,
Inc.
42,220
22,607,965
Intel
Corp.
557,915
20,257,894
KLA
Corp.
(b)
69,809
26,774,544
NXP
Semiconductors
NV
113,550
20,879,574
QUALCOMM,
Inc.
153,200
22,223,192
Skyworks
Solutions,
Inc.
145,135
15,802,299
128,545,468
Software
-
22.65%
Akamai
Technologies,
Inc.
(a)
136,780
13,160,971
Check
Point
Software
Technologies
Ltd.
(a)
58,700
7,314,020
Citrix
Systems,
Inc.
13,280
1,346,725
Microsoft
Corp.
111,403
31,275,278
Oracle
Corp.
316,171
24,610,751
Synopsys,
Inc.
(a)
69,970
25,713,975
VMware,
Inc.
-
Class
A
135,470
15,741,614
119,163,334
Technology
Hardware
-
15.29%
Apple,
Inc.
250,000
40,627,500
Cisco
Systems,
Inc.
609,245
27,641,446
NetApp,
Inc.
170,690
12,175,318
80,444,264
Technology
Services
-
9.50%
Accenture
PLC
-
Class
A
40,580
12,428,031
Cognizant
Technology
Solutions
Corp.
-
Class
A
135,000
9,174,600
Global
Payments,
Inc.
93,157
11,394,964
Visa,
Inc.
-
Class
A
(b)
80,000
16,968,800
49,966,395
TOTAL
COMMON
STOCKS
(Cost $243,065,632)
522,834,264
Red
Oak
Technology
Select
Fund
Schedule
of
Investments
(continued)
July
31,
2022
-
(Unaudited)
SHORT-TERM
INVESTMENTS
-
4.28%
Shares
Fair
Value
REPURCHASE
AGREEMENTS
-
0.70%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
0.14%,
dated
7/29/2022
and
maturing
8/1/2022,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
0.13%
to
2.75%
and
maturity
dates
ranging
from
1/31/2023
to
6/30/2028
with
a
par
value
of
$3,930,081
and
a
collateral
value
of
$3,750,508
3,676,969
$
3,676,969
COLLATERAL
FOR
SECURITIES
LOANED
-
3.58%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
2.30%
(c)
18,831,195
18,831,195
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $22,508,164)
22,508,164
TOTAL
INVESTMENTS-
103.67%
(Cost
$265,573,796)
545,342,428
Liabilities
in
Excess
of
Other
Assets - (3.67)%
(19,302,721)
NET
ASSETS
-
100.00%
$
526,039,707
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
market
value
of
securities
on
loan
is
$18,942,663.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
July
31,
2022.
Black
Oak
Emerging
Technology
Fund
Schedule
of
Investments
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
94.36%
Shares
Fair
Value
COMMUNICATIONS
-
0.70%
Internet
Media
&
Services
-
0.70%
Meta
Platforms,
Inc.
-
Class
A
(a)
2,525
$
401,727
CONSUMER
DISCRETIONARY
-
3.03%
Automotive
-
3.03%
Tesla,
Inc.
(a)
1,939
1,728,522
ENERGY
-
4.79%
Renewable
Energy
-
4.79%
SolarEdge
Technologies,
Inc.
(a)
7,584
2,731,226
HEALTH
CARE
-
2.44%
Medical
Equipment
&
Devices
-
2.44%
Illumina,
Inc.
(a)
6,435
1,394,336
INDUSTRIALS
-
10.54%
Electrical
Equipment
-
4.23%
Advanced
Energy
Industries,
Inc.
(b)
26,957
2,412,382
Industrial
Support
Services
-
2.47%
Applied
Industrial
Technologies,
Inc.
14,000
1,408,260
Machinery
-
3.84%
Nordson
Corp.
(b)
9,500
2,194,405
TECHNOLOGY
-
72.86%
Information
Technology
-
2.61%
Paylocity
Holdings
Corp.
(a)(b)
7,220
1,486,815
Semiconductors
-
32.97%
Ambarella,
Inc.
(a)(b)
16,604
1,437,076
Cirrus
Logic,
Inc.
(a)
33,492
2,862,226
Cohu,
Inc.
(a)(b)
59,077
1,688,421
Diodes,
Inc.
(a)(b)
25,770
2,096,905
KLA
Corp.
(b)
6,750
2,588,895
Kulicke
&
Soffa
Industries,
Inc.
(b)
49,645
2,388,917
Lam
Research
Corp.
(b)
2,785
1,393,920
QUALCOMM,
Inc.
15,497
2,247,995
Silicon
Motion
Technology
Corp.
-
ADR
24,734
2,110,058
18,814,413
Software
-
15.48%
Calix,
Inc.
(a)(b)
16,424
936,825
Citrix
Systems,
Inc.
7,595
770,209
Cognyte
Software
Ltd.
(a)
9,933
44,798
Concentrix
Corp.
(b)
12,000
1,605,120
Fortinet,
Inc.
(a)
20,800
1,240,720
NextGen
Healthcare,
Inc.
(a)(b)
88,315
1,511,953
Salesforce.com,
Inc.
(a)
7,480
1,376,470
Verint
Systems,
Inc.
(a)
29,477
1,346,214
8,832,309
Technology
Hardware
-
10.14%
Apple,
Inc.
20,120
3,269,701
Black
Oak
Emerging
Technology
Fund
Schedule
of
Investments
(continued)
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
94.36%
(Continued)
Shares
Fair
Value
TECHNOLOGY
-
72.86%
(Continued)
Technology
Hardware
-
10.14%
(Continued)
F5,
Inc.
(a)
7,705
$
1,289,509
Ubiquiti
Networks,
Inc.
(b)
4,067
1,226,729
5,785,939
Technology
Services
-
11.66%
Cognizant
Technology
Solutions
Corp.
-
Class
A
9,600
652,416
CSG
Systems
International,
Inc.
10,000
652,500
Jack
Henry
&
Associates,
Inc.
8,120
1,687,092
PayPal
Holdings,
Inc.
(a)
16,125
1,395,296
Perficient,
Inc.
(a)(b)
11,652
1,229,519
Science
Applications
International
Corp.
10,665
1,033,119
6,649,942
TOTAL
COMMON
STOCKS
(Cost $28,986,580)
53,840,276
SHORT-TERM
INVESTMENTS
-
36.99%
Shares
Fair
Value
REPURCHASE
AGREEMENTS
-
5.78%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
0.14%,
dated
7/29/2022
and
maturing
8/1/2022,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
0.13%
to
2.75%
and
maturity
dates
ranging
from
1/31/2023
to
6/30/2028
with
a
par
value
of
$3,524,189
and
a
collateral
value
of
$3,363,162
3,297,217
3,297,217
COLLATERAL
FOR
SECURITIES
LOANED
-
31.21%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
2.30%
(c)
17,806,029
17,806,029
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $21,103,246)
21,103,246
TOTAL
INVESTMENTS-
131.35%
(Cost
$50,089,826)
74,943,522
Liabilities
in
Excess
of
Other
Assets - (31.35)%
(17,885,170)
NET
ASSETS
-
100.00%
$
57,058,352
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
market
value
of
securities
on
loan
is
$17,651,888.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
July
31,
2022.
ADR
-
American
Depositary
Receipt.
Live
Oak
Health
Sciences
Fund
Schedule
of
Investments
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
96.48%
Shares
Fair
Value
CONSUMER
STAPLES
-
0.43%
Personal
Care
Products
-
0.43%
Haleon
PLC
-
ADR
(a)(b)
33,490
$
235,435
HEALTH
CARE
-
96.05%
Biotech
-
24.12%
Amgen,
Inc.
10,240
2,534,093
Biogen,
Inc.
(a)
5,006
1,076,590
Exelixis,
Inc.
(a)(b)
66,265
1,386,264
Gilead
Sciences,
Inc.
15,390
919,552
Moderna,
Inc.
(a)(b)
7,590
1,245,443
Regeneron
Pharmaceuticals,
Inc.
(a)
3,190
1,855,591
United
Therapeutics
Corp.
(a)(b)
13,650
3,154,105
Vertex
Pharmaceuticals,
Inc.
(a)
4,315
1,209,969
13,381,607
Health
Care
Services
-
7.39%
Charles
River
Laboratories
International,
Inc.
(a)
5,073
1,270,989
Medpace
Holdings,
Inc.
(a)
8,169
1,384,891
Quest
Diagnostics,
Inc.
(b)
10,545
1,440,131
4,096,011
Health
Care
Supply
Chain
-
16.88%
AmerisourceBergen
Corp.
10,684
1,559,116
Cardinal
Health,
Inc.
(b)
28,409
1,692,040
Cigna
Corp.
10,987
3,025,380
McKesson
Corp.
9,051
3,091,641
9,368,177
Large
Pharmaceuticals
-
12.22%
GlaxoSmithKline
PLC
-
ADR
(a)(b)
26,792
1,129,819
Johnson
&
Johnson
7,688
1,341,710
Merck
&
Co.,
Inc.
18,800
1,679,592
Novartis
AG
-
ADR
(b)
11,600
995,628
Pfizer,
Inc.
32,264
1,629,655
6,776,404
Life
Science
&
Diagnostics
-
7.77%
Bio-Rad
Laboratories,
Inc.
-
Class
A
(a)
2,067
1,164,259
Illumina,
Inc.
(a)
6,224
1,348,616
Thermo
Fisher
Scientific,
Inc.
3,000
1,795,230
4,308,105
Managed
Care
-
13.19%
Anthem,
Inc.
5,415
2,583,496
Humana,
Inc.
2,500
1,205,000
UnitedHealth
Group,
Inc.
6,500
3,525,210
7,313,706
Medical
Devices
-
7.94%
Medtronic
PLC
18,746
1,734,380
Stryker
Corp.
7,060
1,516,135
Zimmer
Biomet
Holdings,
Inc.
(b)
10,460
1,154,679
4,405,194
Live
Oak
Health
Sciences
Fund
Schedule
of
Investments
(continued)
July
31,
2022
-
(Unaudited)
COMMON
STOCKS
-
96.48%
(Continued)
Shares
Fair
Value
HEALTH
CARE
-
96.05%
(Continued)
Medical
Equipment
-
2.49%
Intuitive
Surgical,
Inc.
(a)(b)
6,015
$
1,384,473
Specialty
&
Generic
Pharmaceuticals
-
4.05%
Jazz
Pharmaceuticals
PLC
(a)
14,387
2,245,235
TOTAL
COMMON
STOCKS
(Cost $35,513,246)
53,514,347
SHORT-TERM
INVESTMENTS
-
18.68%
Shares
Fair
Value
REPURCHASE
AGREEMENTS
-
3.55%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
0.14%,
dated
7/29/2022
and
maturing
8/1/2022,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
0.13%
to
2.75%
and
maturity
dates
ranging
from
1/31/2023
to
6/30/2028
with
a
par
value
of
$2,107,033
and
a
collateral
value
of
$2,010,758
1,971,332
1,971,332
COLLATERAL
FOR
SECURITIES
LOANED
-
15.13%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
2.30%
(c)
8,393,182
8,393,182
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $10,364,514)
10,364,514
TOTAL
INVESTMENTS-
115.16%
(Cost
$45,877,760)
63,878,861
Liabilities
in
Excess
of
Other
Assets - (15.16)%
(8,407,641)
NET
ASSETS
-
100.00%
$
55,471,220
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
market
value
of
securities
on
loan
is
$8,215,336.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
July
31,
2022.
ADR
-
American
Depositary
Receipt.