NPORT-EX 2 smallcap-select.htm

Column Small Cap Select Fund
  
Schedule of Investments
  
November 30, 2025 (Unaudited)
  
   
COMMON STOCKS - 94.1%
  
Shares
    
Value
 
Aerospace & Defense - 3.6%
        
AeroVironment, Inc. (a)
    
13,750
    
$
3,842,575
  
Axon Enterprise, Inc. (a)
    
3,697
      
1,996,898
  
Carpenter Technology Corp.
    
13,049
      
4,156,628
  
Curtiss-Wright Corp.
    
9,959
      
5,619,764
  
Embraer SA - ADR
    
41,083
      
2,576,726
  
Hexcel Corp.
    
87,825
      
6,694,900
  
Huntington Ingalls Industries, Inc.
    
20,450
      
6,413,529
  
Karman Holdings, Inc. (a)
    
53,039
      
3,555,204
  
Kratos Defense & Security Solutions, Inc. (a)
    
24,518
      
1,865,820
  
Mercury Systems, Inc. (a)
    
66,746
      
4,664,878
  
TAT Technologies Ltd. (a)
    
33,172
      
1,274,468
  
V2X, Inc. (a)
    
183,882
      
10,085,928
  
VSE Corp.
    
20,584
      
3,709,031
  
             
56,456,349
  
                 
Air Freight & Logistics - 0.1%
          
GXO Logistics, Inc. (a)
    
46,405
      
2,354,590
  
                 
Automobile Components - 1.0%
          
Holley, Inc. (a)
    
2,556,435
      
10,890,413
  
Lear Corp.
    
28,067
      
3,013,273
  
Visteon Corp.
    
11,675
      
1,205,444
  
             
15,109,130
  
                 
Automobiles - 0.1%
          
Thor Industries, Inc.
    
22,741
      
2,401,904
  
                 
Banks - 5.4%
          
Banc of California, Inc.
    
194,901
      
3,593,974
  
Community Financial System, Inc.
    
38,705
      
2,196,896
  
Cullen/Frost Bankers, Inc.
    
54,899
      
6,792,104
  
Customers Bancorp, Inc. (a)
    
29,082
      
2,003,750
  
First Financial Bankshares, Inc.
    
31,667
      
989,277
  
Glacier Bancorp, Inc.
    
75,768
      
3,204,986
  
Huntington Bancshares, Inc.
    
418,794
      
6,826,342
  
Lakeland Financial Corp.
    
19,197
      
1,118,417
  
Prosperity Bancshares, Inc.
    
407,339
      
27,988,263
  
Stock Yards Bancorp, Inc.
    
11,434
      
756,588
  
Texas Capital Bancshares, Inc. (a)
    
63,244
      
5,702,712
  
UMB Financial Corp.
    
18,014
      
2,000,995
  
United Community Banks, Inc.
    
53,591
      
1,637,741
  
Webster Financial Corp.
    
226,950
      
13,526,220
  
Zions Bancorp NA
    
121,025
      
6,442,161
  
             
84,780,426
  
                 
Beverages - 0.5%
          
Coca-Cola Consolidated, Inc.
    
44,220
      
7,205,649
  
                 
Biotechnology - 4.4%
          
Alkermes PLC (a)
    
45,233
      
1,337,992
  
Apogee Therapeutics, Inc. (a)
    
57,950
      
4,170,662
  
Arcutis Biotherapeutics, Inc. (a)
    
64,889
      
1,988,848
  
Arrowhead Pharmaceuticals, Inc. (a)
    
74,358
      
3,918,667
  
Bridgebio Pharma, Inc. (a)
    
79,730
      
5,741,357
  
Kymera Therapeutics, Inc. (a)
    
46,158
      
3,133,205
  
Madrigal Pharmaceuticals, Inc. (a)
    
6,339
      
3,784,256
  
Natera, Inc. (a)
    
19,897
      
4,751,603
  
Nuvalent, Inc. - Class A (a)
    
18,821
      
2,058,076
  
Praxis Precision Medicines, Inc. (a)
    
17,498
      
3,437,657
  
Protagonist Therapeutics, Inc. (a)
    
38,708
      
3,483,720
  
PTC Therapeutics, Inc. (a)
    
153,204
      
13,174,012
  
Rhythm Pharmaceuticals, Inc. (a)
    
44,292
      
4,831,814
  
Scholar Rock Holding Corp. (a)
    
69,155
      
3,046,969
  
Spyre Therapeutics, Inc. (a)
    
82,062
      
2,461,860
  
Travere Therapeutics, Inc. (a)
    
38,636
      
1,368,101
  
Ultragenyx Pharmaceutical, Inc. (a)
    
33,228
      
1,154,673
  
Veracyte, Inc. (a)
    
26,735
      
1,265,635
  
Xenon Pharmaceuticals, Inc. (a)
    
92,377
      
4,131,099
  
             
69,240,206
  
                 
Broadline Retail - 0.1%
          
Ollie's Bargain Outlet Holdings, Inc. (a)
    
13,340
      
1,642,287
  
                 
Building Products - 2.2%
          
Armstrong World Industries, Inc.
    
9,606
      
1,822,642
  
Carlisle Cos., Inc.
    
14,880
      
4,732,882
  
CSW Industrials, Inc.
    
18,160
      
4,937,159
  
Gibraltar Industries, Inc. (a)
    
159,761
      
7,981,660
  
Hayward Holdings, Inc. (a)
    
77,741
      
1,278,839
  
Modine Manufacturing Co. (a)
    
21,479
      
3,482,390
  
Resideo Technologies, Inc. (a)
    
293,552
      
9,684,281
  
Simpson Manufacturing Co., Inc.
    
7,421
      
1,242,127
  
Trex Co., Inc. (a)
    
2,078
      
72,688
  
             
35,234,668
  
                 
Capital Markets - 2.0%
          
Artisan Partners Asset Management, Inc. - Class A
    
176,785
      
7,333,042
  
BGC Group, Inc. - Class A
    
1,059,708
      
9,219,459
  
Hamilton Lane, Inc. - Class A
    
6,377
      
790,333
  
Houlihan Lokey, Inc.
    
6,610
      
1,159,394
  
Perella Weinberg Partners
    
470,422
      
8,589,906
  
Piper Sandler Cos
    
6,404
      
2,151,104
  
StoneX Group, Inc. (a)
    
17,441
      
1,580,329
  
             
30,823,567
  
                 
Chemicals - 1.8%
          
Element Solutions, Inc.
    
358,758
      
9,299,007
  
Hawkins, Inc.
    
27,530
      
3,579,451
  
Ingevity Corp. (a)
    
151,588
      
7,917,441
  
International Flavors & Fragrances, Inc.
    
33,220
      
2,308,126
  
Kronos Worldwide, Inc.
    
996,343
      
5,051,459
  
             
28,155,484
  
                 
Commercial Services & Supplies - 2.2%
          
Brady Corp. - Class A
    
24,120
      
1,887,149
  
BrightView Holdings, Inc. (a)
    
503,633
      
6,355,848
  
Casella Waste Systems, Inc. - Class A (a)
    
10,035
      
967,273
  
Clean Harbors, Inc. (a)
    
37,427
      
8,516,888
  
Enviri Corp. (a)
    
423,608
      
7,768,971
  
OPENLANE, Inc. (a)
    
239,593
      
6,095,246
  
Rollins, Inc.
    
17,781
      
1,093,176
  
Tetra Tech, Inc.
    
51,243
      
1,780,182
  
             
34,464,733
  
                 
Communications Equipment - 1.8%
          
Ciena Corp. (a)
    
50,665
      
10,346,300
  
Harmonic, Inc. (a)
    
29,507
      
282,087
  
Lumentum Holdings, Inc. (a)
    
8,978
      
2,919,286
  
Ribbon Communications, Inc. (a)
    
883,487
      
2,526,773
  
Viasat, Inc. (a)
    
370,081
      
12,704,881
  
             
28,779,327
  
                 
Construction & Engineering - 3.2%
          
Arcosa, Inc.
    
70,788
      
7,541,754
  
Construction Partners, Inc. - Class A (a)
    
27,010
      
2,944,090
  
Dycom Industries, Inc. (a)
    
7,846
      
2,836,564
  
Everus Construction Group, Inc. (a)
    
26,894
      
2,473,172
  
IES Holdings, Inc. (a)
    
4,375
      
1,831,244
  
Legence Corp. - Class A (a)
    
38,986
      
1,792,576
  
MYR Group, Inc. (a)
    
43,293
      
9,711,486
  
Sterling Infrastructure, Inc. (a)
    
14,349
      
4,940,504
  
Tutor Perini Corp. (a)
    
106,472
      
7,298,656
  
Valmont Industries, Inc.
    
21,140
      
8,730,186
  
             
50,100,232
  
                 
Construction Materials - 0.5%
          
Eagle Materials, Inc.
    
29,812
      
6,669,541
  
Knife River Corp. (a)
    
7,824
      
585,548
  
             
7,255,089
  
                 
Consumer Finance - 1.6%
          
Bread Financial Holdings, Inc.
    
25,796
      
1,747,163
  
Dave, Inc. (a)
    
6,724
      
1,467,580
  
FirstCash Holdings, Inc.
    
33,825
      
5,358,219
  
LendingClub Corp. (a)
    
128,181
      
2,320,076
  
SLM Corp.
    
489,593
      
14,345,075
  
             
25,238,113
  
                 
Containers & Packaging - 0.5%
          
AptarGroup, Inc.
    
10,722
      
1,337,569
  
Avery Dennison Corp.
    
29,709
      
5,120,940
  
Sealed Air Corp.
    
45,149
      
1,939,150
  
             
8,397,659
  
                 
Diversified Consumer Services - 1.3%
          
Adtalem Global Education, Inc. (a)
    
12,159
      
1,125,437
  
Bright Horizons Family Solutions, Inc. (a)
    
15,348
      
1,577,160
  
Driven Brands Holdings, Inc. (a)
    
700,600
      
10,235,766
  
Grand Canyon Education, Inc. (a)
    
14,005
      
2,209,149
  
Matthews International Corp. - Class A
    
191,076
      
4,689,005
  
             
19,836,517
  
                 
Diversified Telecommunication Services - 0.1%
          
Lumen Technologies, Inc. (a)
    
271,715
      
2,203,609
  
                 
Electric Utilities - 0.6%
          
ALLETE, Inc.
    
33,950
      
2,295,699
  
IDACORP, Inc.
    
13,743
      
1,811,052
  
Portland General Electric Co.
    
111,447
      
5,663,737
  
             
9,770,488
  
                 
Electrical Equipment - 1.6%
          
Babcock & Wilcox Enterprises, Inc. (a)
    
379,493
      
2,371,831
  
Bloom Energy Corp. - Class A (a)
    
62,048
      
6,778,124
  
Eos Energy Enterprises, Inc. (a)
    
317,347
      
4,776,072
  
Nextpower, Inc. - Class A (a)
    
32,673
      
2,993,500
  
Regal Rexnord Corp.
    
60,818
      
8,878,820
  
             
25,798,347
  
                 
Electronic Equipment, Instruments & Components - 3.9%
          
Advanced Energy Industries, Inc.
    
7,914
      
1,671,358
  
Badger Meter, Inc.
    
3,643
      
650,421
  
Celestica, Inc. (a)
    
8,418
      
2,899,243
  
Coherent Corp. (a)
    
84,260
      
13,840,547
  
Fabrinet (a)
    
12,112
      
5,564,374
  
Innoviz Technologies Ltd. (a)
    
222,325
      
284,576
  
IPG Photonics Corp. (a)
    
47,420
      
3,776,529
  
Itron, Inc. (a)
    
25,033
      
2,479,268
  
Knowles Corp. (a)
    
62,016
      
1,394,120
  
Littelfuse, Inc.
    
8,880
      
2,273,458
  
Mirion Technologies, Inc. (a)
    
130,094
      
3,385,046
  
nLight, Inc. (a)
    
83,603
      
2,945,334
  
OSI Systems, Inc. (a)
    
35,413
      
9,591,611
  
Rogers Corp. (a)
    
17,191
      
1,440,778
  
Sanmina Corp. (a)
    
37,270
      
5,820,269
  
Teledyne Technologies, Inc. (a)
    
7,283
      
3,638,004
  
             
61,654,936
  
                 
Energy Equipment & Services - 2.6%
          
Archrock, Inc.
    
163,195
      
4,004,805
  
Innovex International, Inc. (a)
    
46,251
      
1,018,447
  
Liberty Energy, Inc.
    
303,844
      
5,402,346
  
National Energy Services Reunited Corp. (a)
    
464,427
      
6,474,112
  
Noble Corp. PLC
    
71,435
      
2,187,340
  
Oceaneering International, Inc. (a)
    
32,847
      
801,467
  
Patterson-UTI Energy, Inc.
    
165,954
      
964,193
  
Solaris Energy Infrastructure, Inc. - Class A
    
34,066
      
1,631,421
  
TechnipFMC PLC
    
164,592
      
7,449,434
  
TETRA Technologies, Inc. (a)
    
766,990
      
5,959,512
  
Tidewater, Inc. (a)
    
32,884
      
1,776,394
  
Weatherford International PLC
    
48,998
      
3,665,050
  
             
41,334,521
  
                 
Entertainment - 0.2%
          
Lionsgate Studios Corp. (a)
    
386,242
      
2,881,365
  
Starz Entertainment Corp. (a)
    
24,588
      
269,731
  
             
3,151,096
  
                 
Financial Services - 0.4%
          
Jack Henry & Associates, Inc.
    
11,003
      
1,919,803
  
Paymentus Holdings, Inc. - Class A (a)
    
95,541
      
3,317,184
  
Shift4 Payments, Inc. - Class A (a)
    
8,931
      
658,929
  
             
5,895,916
  
                 
Food Products - 0.1%
          
Hain Celestial Group, Inc. (a)
    
150,698
      
165,768
  
TreeHouse Foods, Inc. (a)
    
75,363
      
1,800,422
  
             
1,966,190
  
                 
Gas Utilities - 1.5%
          
Atmos Energy Corp.
    
30,887
      
5,447,540
  
Chesapeake Utilities Corp.
    
11,320
      
1,574,159
  
New Jersey Resources Corp.
    
102,557
      
4,930,941
  
Northwest Natural Holding Co.
    
107,265
      
5,306,399
  
Spire, Inc.
    
67,880
      
6,018,241
  
UGI Corp.
    
24,207
      
957,387
  
             
24,234,667
  
                 
Ground Transportation - 0.7%
          
Proficient Auto Logistics, Inc. (a)
    
764,385
      
6,237,382
  
Saia, Inc. (a)
    
2,511
      
706,997
  
Schneider National, Inc. - Class B
    
73,205
      
1,655,165
  
Werner Enterprises, Inc.
    
72,140
      
1,843,898
  
             
10,443,442
  
                 
Health Care Equipment & Supplies - 3.6%
          
Accuray, Inc. (a)
    
377,816
      
408,041
  
Alphatec Holdings, Inc. (a)
    
55,222
      
1,245,256
  
AtriCure, Inc. (a)
    
59,434
      
2,146,756
  
CONMED Corp.
    
19,997
      
868,270
  
CytoSorbents Corp. (a)
    
6,741
      
5,468
  
Enovis Corp. (a)
    
222,043
      
6,721,242
  
Haemonetics Corp. (a)
    
122,891
      
9,997,183
  
Integra LifeSciences Holdings Corp. (a)
    
124,264
      
1,630,344
  
iRhythm Technologies, Inc. (a)
    
15,218
      
2,861,136
  
Neogen Corp. (a)
    
72,081
      
431,044
  
OraSure Technologies, Inc. (a)
    
239,146
      
569,168
  
QuidelOrtho Corp. (a)
    
54,328
      
1,485,871
  
Teleflex, Inc.
    
205,994
      
23,569,833
  
TransMedics Group, Inc. (a)
    
20,591
      
3,012,669
  
UFP Technologies, Inc. (a)
    
3,320
      
752,611
  
Varex Imaging Corp. (a)
    
95,792
      
1,108,313
  
             
56,813,205
  
                 
Health Care Providers & Services - 1.3%
          
Acadia Healthcare Co., Inc. (a)
    
88,281
      
1,518,433
  
AMN Healthcare Services, Inc. (a)
    
346,837
      
5,774,836
  
Chemed Corp.
    
4,174
      
1,833,179
  
GeneDx Holdings Corp. (a)
    
15,120
      
2,524,284
  
Guardant Health, Inc. (a)
    
77,335
      
8,384,661
  
             
20,035,393
  
                 
Hotels, Restaurants & Leisure - 1.5%
          
Brightstar Lottery PLC
    
401,931
      
6,286,201
  
Churchill Downs, Inc.
    
29,860
      
3,257,427
  
Life Time Group Holdings, Inc. (a)
    
42,072
      
1,174,650
  
Red Rock Resorts, Inc. - Class A
    
46,230
      
2,707,691
  
Rush Street Interactive, Inc. (a)
    
102,851
      
1,896,573
  
Sportradar Group AG - Class A (a)
    
66,740
      
1,468,280
  
Texas Roadhouse, Inc.
    
11,279
      
1,976,645
  
Travel + Leisure Co.
    
48,116
      
3,299,795
  
United Parks & Resorts, Inc. (a)
    
23,935
      
863,814
  
             
22,931,076
  
                 
Household Durables - 2.2%
          
Installed Building Products, Inc.
    
25,452
      
6,821,645
  
Meritage Homes Corp.
    
44,760
      
3,271,061
  
Somnigroup International, Inc.
    
56,955
      
5,212,521
  
Taylor Morrison Home Corp. (a)
    
49,995
      
3,134,186
  
Tri Pointe Homes, Inc. (a)
    
400,997
      
13,682,018
  
Whirlpool Corp.
    
29,888
      
2,311,837
  
             
34,433,268
  
                 
Independent Power and Renewable Electricity Producers - 0.9%
          
Ormat Technologies, Inc.
    
109,147
      
12,323,788
  
Vistra Corp.
    
14,108
      
2,523,357
  
             
14,847,145
  
                 
Insurance - 1.8%
          
American Integrity Insurance Group, Inc. (a)
    
358,455
      
7,577,739
  
AMERISAFE, Inc.
    
17,824
      
727,219
  
Hagerty, Inc. - Class A (a)
    
73,785
      
985,767
  
Hanover Insurance Group, Inc.
    
33,700
      
6,253,035
  
HCI Group, Inc.
    
17,994
      
3,198,433
  
Neptune Insurance Holdings, Inc. - Class A (a)
    
7,388
      
172,288
  
Selective Insurance Group, Inc.
    
78,560
      
6,171,674
  
Stewart Information Services Corp.
    
19,944
      
1,528,309
  
White Mountains Insurance Group Ltd.
    
1,243
      
2,516,143
  
             
29,130,607
  
                 
Interactive Media & Services - 0.6%
          
IAC, Inc. (a)
    
257,599
      
9,033,997
  
                 
IT Services - 0.6%
          
Kyndryl Holdings, Inc. (a)
    
245,532
      
6,342,092
  
Unisys Corp. (a)
    
334,211
      
895,685
  
Wix.com Ltd. (a)
    
16,654
      
1,593,954
  
             
8,831,731
  
                 
Leisure Products - 0.2%
          
Acushnet Holdings Corp.
    
4,394
      
369,536
  
BRP, Inc.
    
32,667
      
2,257,616
  
             
2,627,152
  
                 
Life Sciences Tools & Services - 1.7%
          
Bio-Techne Corp.
    
31,519
      
2,033,291
  
Bruker Corp.
    
152,290
      
7,433,275
  
Charles River Laboratories International, Inc. (a)
    
11,854
      
2,111,672
  
Cytek Biosciences, Inc. (a)
    
1,139,246
      
6,436,740
  
Mesa Laboratories, Inc.
    
72,154
      
5,786,751
  
Revvity, Inc.
    
7,870
      
821,707
  
Standard BioTools, Inc. (a)
    
302,002
      
453,003
  
Stevanato Group SpA
    
39,146
      
914,450
  
West Pharmaceutical Services, Inc.
    
3,342
      
926,569
  
             
26,917,458
  
                 
Machinery - 4.3%
          
Alamo Group, Inc.
    
17,990
      
2,885,056
  
Albany International Corp. - Class A
    
20,630
      
983,638
  
Alliance Laundry Holdings, Inc. (a)
    
78,577
      
1,867,775
  
Crane Co.
    
24,966
      
4,575,019
  
Enerpac Tool Group Corp.
    
35,696
      
1,351,807
  
Enpro, Inc.
    
3,616
      
805,826
  
Esab Corp.
    
16,602
      
1,863,408
  
ESCO Technologies, Inc.
    
19,616
      
4,176,443
  
Federal Signal Corp.
    
33,246
      
3,790,044
  
Flowserve Corp.
    
38,205
      
2,725,927
  
Gates Industrial Corp. PLC (a)
    
76,871
      
1,749,584
  
Graco, Inc.
    
11,962
      
986,147
  
Helios Technologies, Inc.
    
42,137
      
2,274,977
  
JBT Marel Corp.
    
45,949
      
6,457,213
  
Kadant, Inc.
    
4,374
      
1,216,497
  
Lincoln Electric Holdings, Inc.
    
21,390
      
5,121,408
  
Lindsay Corp.
    
9,913
      
1,139,301
  
Miller Industries, Inc.
    
10,582
      
409,947
  
Mueller Industries, Inc.
    
45,585
      
5,008,424
  
RBC Bearings, Inc. (a)
    
5,574
      
2,480,263
  
SPX Technologies, Inc. (a)
    
32,968
      
7,089,439
  
Standex International Corp.
    
8,493
      
2,082,144
  
Stratasys Ltd. (a)
    
298,255
      
2,621,661
  
Toro Co.
    
19,074
      
1,330,221
  
Watts Water Technologies, Inc. - Class A
    
7,800
      
2,151,864
  
             
67,144,033
  
                 
Marine Transportation - 0.2%
          
Kirby Corp. (a)
    
21,223
      
2,409,235
  
                 
Media - 0.5%
          
Criteo SA - ADR (a)
    
226,727
      
4,507,333
  
John Wiley & Sons, Inc. - Class A
    
30,876
      
1,122,651
  
Nexstar Media Group, Inc.
    
10,207
      
1,961,173
  
             
7,591,157
  
                 
Metals & Mining - 2.3%
          
Alcoa Corp.
    
30,865
      
1,288,305
  
Century Aluminum Co. (a)
    
187,551
      
5,620,904
  
Cleveland-Cliffs, Inc. (a)
    
322,697
      
4,207,969
  
Commercial Metals Co.
    
75,290
      
4,801,996
  
Hudbay Minerals, Inc.
    
112,264
      
1,903,997
  
MP Materials Corp. (a)
    
30,688
      
1,901,122
  
Pan American Silver Corp.
    
88,899
      
4,060,017
  
thyssenkrupp AG
    
1,119,790
      
12,240,743
  
             
36,025,053
  
                 
Multi-Utilities - 0.4%
          
Northwestern Energy Group, Inc.
    
88,396
      
6,107,280
  
                 
Oil, Gas & Consumable Fuels - 3.7%
          
Antero Resources Corp. (a)
    
135,125
      
4,922,604
  
BKV Corp. (a)
    
644,619
      
17,797,931
  
Cameco Corp.
    
35,084
      
3,105,285
  
Centrus Energy Corp. - Class A (a)
    
7,434
      
1,927,636
  
CNX Resources Corp. (a)
    
168,460
      
6,542,986
  
Devon Energy Corp.
    
97,383
      
3,609,014
  
Gulfport Energy Corp. (a)
    
8,781
      
1,953,685
  
Matador Resources Co.
    
84,435
      
3,580,044
  
Murphy Oil Corp.
    
155,435
      
4,984,800
  
Permian Resources Corp.
    
294,650
      
4,269,478
  
Uranium Energy Corp. (a)
    
357,044
      
4,380,930
  
Viper Energy, Inc. - Class A
    
43,745
      
1,598,005
  
             
58,672,398
  
                 
Pharmaceuticals - 2.4%
          
Amneal Pharmaceuticals, Inc. (a)
    
253,582
      
3,174,847
  
Axsome Therapeutics, Inc. (a)
    
12,210
      
1,849,815
  
Corcept Therapeutics, Inc. (a)
    
17,244
      
1,369,174
  
Crinetics Pharmaceuticals, Inc. (a)
    
148,304
      
6,756,730
  
Edgewise Therapeutics, Inc. (a)
    
109,061
      
2,839,948
  
Indivior PLC (a)
    
57,869
      
1,944,398
  
Innoviva, Inc. (a)
    
476,118
      
10,346,044
  
Mind Medicine MindMed, Inc. (a)
    
136,454
      
1,726,143
  
Septerna, Inc. (a)
    
110,886
      
3,217,912
  
Tarsus Pharmaceuticals, Inc. (a)
    
42,713
      
3,415,332
  
WaVe Life Sciences Ltd. (a)
    
175,836
      
1,364,487
  
             
38,004,830
  
                 
Professional Services - 2.6%
          
Alight, Inc. - Class A
    
471,707
      
1,089,643
  
Booz Allen Hamilton Holding Corp.
    
39,135
      
3,266,207
  
Conduent, Inc. (a)
    
782,371
      
1,517,800
  
CRA International, Inc.
    
4,075
      
718,586
  
Exponent, Inc.
    
14,133
      
1,021,816
  
FTI Consulting, Inc. (a)
    
19,630
      
3,202,634
  
KBR, Inc.
    
166,428
      
6,860,162
  
Maximus, Inc.
    
148,033
      
12,744,161
  
Planet Labs PBC (a)
    
320,414
      
3,812,927
  
TrueBlue, Inc. (a)
    
730,323
      
3,578,583
  
UL Solutions, Inc.
    
29,511
      
2,691,698
  
             
40,504,217
  
                 
Real Estate Management & Development - 1.2%
          
Colliers International Group, Inc.
    
11,011
      
1,585,474
  
Compass, Inc. - Class A (a)
    
219,455
      
2,286,721
  
Cushman & Wakefield Ltd. (a)
    
476,815
      
7,986,651
  
FirstService Corp.
    
11,761
      
1,844,713
  
Newmark Group, Inc. - Class A
    
328,122
      
5,702,760
  
             
19,406,319
  
                 
Semiconductors & Semiconductor Equipment - 5.6%
          
Alpha & Omega Semiconductor Ltd. (a)
    
247,773
      
5,024,836
  
Ambarella, Inc. (a)
    
20,791
      
1,542,276
  
Camtek Ltd. (a)
    
15,976
      
1,682,193
  
CEVA, Inc. (a)
    
44,386
      
958,294
  
Cirrus Logic, Inc. (a)
    
23,000
      
2,767,820
  
Credo Technology Group Holding Ltd. (a)
    
9,031
      
1,603,906
  
Impinj, Inc. (a)
    
29,681
      
5,101,273
  
indie Semiconductor, Inc. - Class A (a)
    
336,051
      
1,196,342
  
Lattice Semiconductor Corp. (a)
    
28,911
      
2,029,841
  
MACOM Technology Solutions Holdings, Inc. (a)
    
58,852
      
10,298,512
  
MKS, Inc.
    
13,816
      
2,160,684
  
Onto Innovation, Inc. (a)
    
88,908
      
12,728,069
  
Power Integrations, Inc.
    
41,096
      
1,380,826
  
Rambus, Inc. (a)
    
108,516
      
10,370,874
  
Semtech Corp. (a)
    
86,995
      
6,451,549
  
Silicon Motion Technology Corp. - ADR
    
138,830
      
12,350,317
  
SiTime Corp. (a)
    
13,246
      
3,943,334
  
Veeco Instruments, Inc. (a)
    
238,033
      
6,957,705
  
             
88,548,651
  
                 
Software - 5.0%
          
8x8, Inc. (a)
    
2,681,925
      
5,202,934
  
Adeia, Inc.
    
208,219
      
2,575,669
  
BlackLine, Inc. (a)
    
18,893
      
1,076,712
  
CCC Intelligent Solutions Holdings, Inc. (a)
    
553,939
      
4,126,846
  
Cipher Mining, Inc. (a)
    
109,935
      
2,237,177
  
Cognyte Software Ltd. (a)
    
370,267
      
3,110,243
  
Commvault Systems, Inc. (a)
    
9,855
      
1,217,092
  
Computer Modelling Group Ltd.
    
47,037
      
176,389
  
Core Scientific, Inc. (a)
    
171,494
      
2,896,534
  
Fair Isaac Corp. (a)
    
581
      
1,049,187
  
InterDigital, Inc.
    
15,143
      
5,417,408
  
LiveRamp Holdings, Inc. (a)
    
55,566
      
1,603,079
  
Manhattan Associates, Inc. (a)
    
9,069
      
1,600,225
  
NCR Voyix Corp. (a)
    
1,483,929
      
15,002,522
  
OneSpan, Inc.
    
102,270
      
1,247,694
  
Qualys, Inc. (a)
    
8,378
      
1,180,041
  
Radware Ltd. (a)
    
68,095
      
1,562,099
  
SPS Commerce, Inc. (a)
    
12,511
      
1,042,416
  
Teradata Corp. (a)
    
566,272
      
16,218,030
  
Terawulf, Inc. (a)
    
132,017
      
2,047,584
  
Tyler Technologies, Inc. (a)
    
2,698
      
1,267,035
  
UiPath, Inc. - Class A (a)
    
159,560
      
2,211,502
  
Varonis Systems, Inc. (a)
    
83,295
      
2,754,566
  
Vertex, Inc. - Class A (a)
    
29,543
      
581,111
  
Xperi, Inc. (a)
    
164,788
      
954,123
  
             
78,358,218
  
                 
Specialty Retail - 3.3%
          
Academy Sports & Outdoors, Inc.
    
170,970
      
8,249,303
  
Asbury Automotive Group, Inc. (a)
    
3,881
      
902,604
  
Bath & Body Works, Inc.
    
164,535
      
2,864,554
  
Boot Barn Holdings, Inc. (a)
    
17,969
      
3,482,752
  
Caleres, Inc.
    
52,357
      
613,100
  
Carvana Co. (a)
    
5,223
      
1,956,014
  
Floor & Decor Holdings, Inc. - Class A (a)
    
11,278
      
717,506
  
Murphy USA, Inc.
    
1,626
      
626,124
  
National Vision Holdings, Inc. (a)
    
626,470
      
18,073,660
  
ODP Corp. (a)
    
55,395
      
1,549,398
  
Tractor Supply Co.
    
22,433
      
1,228,880
  
Valvoline, Inc. (a)
    
231,679
      
7,253,869
  
Warby Parker, Inc. - Class A (a)
    
165,330
      
3,275,187
  
Winmark Corp.
    
2,964
      
1,218,234
  
             
52,011,185
  
                 
Textiles, Apparel & Luxury Goods - 0.7%
          
Gildan Activewear, Inc.
    
66,040
      
3,686,353
  
Kontoor Brands, Inc.
    
26,562
      
1,974,885
  
PVH Corp.
    
46,310
      
3,925,236
  
Under Armour, Inc. - Class C (a)
    
238,387
      
1,056,054
  
             
10,642,528
  
                 
Tobacco - 0.2%
          
Turning Point Brands, Inc.
    
28,611
      
2,865,678
  
                 
Trading Companies & Distributors - 3.1%
          
AerCap Holdings NV
    
80,279
      
10,757,386
  
Custom Truck One Source, Inc. (a)
    
1,429,197
      
9,132,569
  
FTAI Aviation Ltd.
    
21,994
      
3,810,241
  
GATX Corp.
    
37,315
      
5,967,788
  
Herc Holdings, Inc.
    
21,405
      
2,874,049
  
Rush Enterprises, Inc. - Class A
    
58,605
      
3,050,976
  
SiteOne Landscape Supply, Inc. (a)
    
20,328
      
2,729,644
  
Transcat, Inc. (a)
    
7,872
      
445,083
  
Watsco, Inc.
    
3,061
      
1,060,331
  
WESCO International, Inc.
    
22,935
      
6,133,048
  
Xometry, Inc. - Class A (a)
    
54,096
      
3,162,993
  
             
49,124,108
  
                 
Water Utilities - 0.2%
          
American States Water Co.
    
25,454
      
1,877,741
  
Middlesex Water Co.
    
14,370
      
737,325
  
             
2,615,066
  
TOTAL COMMON STOCKS (Cost $1,267,174,929)
      
1,479,560,130
  
                 
REAL ESTATE INVESTMENT TRUSTS - COMMON - 1.0%
  
Shares
    
Value
 
Diversified REITs - 0.7%
          
Broadstone Net Lease, Inc.
    
596,793
      
10,485,653
  
                 
Industrial REITs - 0.3%
          
STAG Industrial, Inc.
    
123,800
      
4,862,864
  
TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON (Cost $14,318,037)
      
15,348,517
  
                 
EXCHANGE TRADED FUNDS - 0.9%
  
Shares
    
Value
 
iShares Russell 2000 Value ETF
    
81,662
      
14,881,266
  
TOTAL EXCHANGE TRADED FUNDS (Cost $13,453,739)
      
14,881,266
  
                 
SHORT-TERM INVESTMENTS
  
MONEY MARKET FUNDS - 4.0%
  
Shares
    
Value
 
First American Government Obligations Fund - Class X, 3.92% (b)
    
62,133,174
      
62,133,174
  
TOTAL MONEY MARKET FUNDS (Cost $62,133,174)
      
62,133,174
  
                 
TOTAL INVESTMENTS - 100.0% (Cost $1,357,079,879)
      
1,571,923,087
  
Other Assets in Excess of Liabilities - 0.0% (c)
      
54,291
  
TOTAL NET ASSETS - 100.0%
          
$
1,571,977,378
  
                 

Percentages are stated as a percent of net assets.
  
 
The Global Industry Classification Standard (“GICS®”) was developed by and/or is the exclusive property of MSCI, Inc. (“MSCI”) and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by the Adviser.

ADR - American Depositary Receipt
PLC - Public Limited Company
REIT - Real Estate Investment Trust

(a)
Non-income producing security.
(b)
The rate shown represents the 7-day annualized yield as of November 30, 2025.
(c)
Represents less than 0.05% of net assets.
Summary of Fair Value Disclosure as of November 30, 2025 (Unaudited)
 
Column Small Cap Select Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of November 30, 2025:
 

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
  
$
1,467,319,387
    
$
12,240,743
    
$
–
    
$
1,479,560,130
  
  Real Estate Investment Trusts - Common
    
15,348,517
      
–
      
–
      
15,348,517
  
  Exchange Traded Funds
    
14,881,266
      
–
      
–
      
14,881,266
  
  Money Market Funds
    
62,133,174
      
–
      
–
      
62,133,174
  
Total Investments
  
$
1,559,682,344
    
$
12,240,743
    
$
–
    
$
1,571,923,087
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.