NPORT-P false 0001418191 XXXXXXXX S000030735 C000095333 Walthausen Funds 811-22143 0001418191 549300PX6FHD9NLVN921 2691 Route 9 Suite 102 Malta 12020 518-348-7217 WALTHAUSEN FOCUSED SMALL CAP VALUE FUND S000030735 5493009WV5UF83VFSF96 2023-01-31 2022-04-30 N 7736139.68 32086.99 7704052.69 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 0.00 N Valvoline Inc 549300CMHPBEY6VPOT75 92047W101 7140.00000000 NS USD 215842.20000000 2.801670869673 Long EC CORP US N 1 N N N Beacon Roofing Supply, Inc. 549300HDXQWWCBOYXP31 073685109 4700.00000000 NS USD 280261.00000000 3.637838567274 Long EC CORP US N 1 N N N Independent Bank Corp. 549300C5K3W8THR3GE10 453836108 2940.00000000 NS USD 226850.40000000 2.944559300515 Long EC CORP US N 1 N N N Chesapeake Utilities Corporation 254900WW0FDCKAOCKE74 165303108 1550.00000000 NS USD 194013.50000000 2.518330388002 Long EC CORP US N 1 N N N Fidelity Institutional Cash Portfolios 549300SHPEJB1OPRCV46 316175108 111130.16000000 PA USD 111130.16000000 1.442489615163 Long STIV RF US N 1 N N N Seaboard Corp Del 87Q3KOXT29OW9W9YPT70 811543107 60.00000000 NS USD 253499.40000000 3.290468149692 Long EC CORP US N 1 N N N Chesapeake Energy Corporation X2MT1W32SPAZ9WSKLE78 165167735 3570.00000000 NS USD 292811.40000000 3.800745033585 Long EC CORP US N 1 N N N Industrial Logistics Properties Trust 5493004XH9PJW009HR47 456237106 7200.00000000 NS USD 116352.00000000 1.510270044635 Long EC CORP US N 1 N N N Vista Outdoor, Inc. 549300QI2D33ESTJLN81 928377100 5220.00000000 NS USD 183900.60000000 2.387063113401 Long EC CORP US N 1 N N N Mercury Systems Inc 549300P3B84SGK7HH679 589378108 2620.00000000 NS USD 146169.80000000 1.897310492044 Long EC CORP US N 1 N N N PacWest Bancorp 549300YI8VMFO7G36V04 695263103 5190.00000000 NS USD 170699.10000000 2.215705251102 Long EC CORP US N 1 N N N Ryder System, Inc. ZXJ6Y2OSPZXIVGRILD15 783549108 3200.00000000 NS USD 223680.00000000 2.903406933993 Long EC CORP US N 1 N N N HUB Group Inc N/A 443320106 3240.00000000 NS USD 217598.40000000 2.824466663921 Long EC CORP US N 1 N N N Triton International Limited N/A G9078F107 3400.00000000 NS USD 207706.00000000 2.696061519278 Long EC CORP US N 1 N N N Maximus Inc 549300DQCDS8HJ7QF202 577933104 2790.00000000 NS USD 203335.20000000 2.639327743227 Long EC CORP US N 1 N N N Merit Medical Systems Inc. 549300OYTY138SP2CE83 589889104 3140.00000000 NS USD 194711.40000000 2.527389256471 Long EC CORP US N 1 N N N G-III Apparel Group Ltd. 529900O5KABM3R3SFM87 36237H101 8130.00000000 NS USD 215282.40000000 2.794404564229 Long EC CORP US N 1 N N N LCI Industries 549300E1B98YNJ1WIQ04 50189K103 870.00000000 NS USD 84668.40000000 1.099011175116 Long EC CORP US N 1 N N N WSFS Financial Corporation 549300SU7VQHD6QRG886 929328102 4690.00000000 NS USD 187928.30000000 2.439343389277 Long EC CORP US N 1 N N N Granite Construction Inc 549300OM4BWMCIXVCZ39 387328107 5190.00000000 NS USD 153883.50000000 1.997435715876 Long EC CORP US N 1 N N N Concentrix Corporation 549300CZ03MC0SNKEV49 20602D101 1538.00000000 NS USD 242204.24000000 3.143854926049 Long EC CORP US N 1 N N N Alight Inc 549300600ESCO1HTVN74 01626W101 23560.00000000 NS USD 202380.40000000 2.626934266203 Long EC CORP US N 1 N N N Emcor Group Inc 529900X0SQJB2J7YDU43 29084Q100 1820.00000000 NS USD 193793.60000000 2.515476046153 Long EC CORP US N 1 N N N Webster Financial Corp. KMRURHT0VWKYS6Z5KU67 947890109 4150.00000000 NS USD 207458.50000000 2.692848924427 Long EC CORP US N 1 N N N Cleveland-Cliffs Inc 549300TM2WLI2BJMDD86 185899101 9090.00000000 NS USD 231704.10000000 3.007561206074 Long EC CORP US N 1 N N N Kirby Corp I7NO6FZO5GUCG585T325 497266106 4180.00000000 NS USD 272536.00000000 3.537566667395 Long EC CORP US N 1 N N N Aerojet Rocketdyne Holdings Inc. 549300VULNLWHE8QWI76 007800105 5930.00000000 NS USD 237081.40000000 3.077359534517 Long EC CORP US N 1 N N N Mueller Industries Inc. 5493005IZFE4VJLLYG84 624756102 3530.00000000 NS USD 191149.50000000 2.481155149005 Long EC CORP US N 1 N N N Encompass Health Corporation 549300FVRPM9DRQZRG64 29261A100 2270.00000000 NS USD 156244.10000000 2.028076731650 Long EC CORP US N 1 N N N Onto Innovation Incorporation 549300V1USTYXJ7TNR79 683344105 2570.00000000 NS USD 182829.80000000 2.373163935357 Long EC CORP US N 1 N N N Helmerich & Payne Inc 254900NAOGHJ88RZ4C73 423452101 4940.00000000 NS USD 227388.20000000 2.951540041972 Long EC CORP US N 1 N N N Independent Bank Group Inc N/A 45384B106 3090.00000000 NS USD 209502.00000000 2.719373924738 Long EC CORP US N 1 N N N LHC Group Inc 5299009NPLWAMRQYZX73 50187A107 1060.00000000 NS USD 175801.00000000 2.281928837638 Long EC CORP US N 1 N N N Hancock Whitney Corporation 549300GRNBWY8HIICT41 410120109 4740.00000000 NS USD 221689.80000000 2.877573777341 Long EC CORP US N 1 N N N McGrath RentCorp. 254900EUH6IPWFQ83445 580589109 2780.00000000 NS USD 232018.80000000 3.011646069102 Long EC CORP US N 1 N N N Eastern Bankshares Inc 549300J245MBQU3DO403 27627N105 10770.00000000 NS USD 206353.20000000 2.678501930131 Long EC CORP US N 1 N N N Cavco Industries N/A 149568107 920.00000000 NS USD 217350.00000000 2.821242386907 Long EC CORP US N 1 N N N Wesbanco Inc QGPGHQ1ENZOOLJRFTH41 950810101 6830.00000000 NS USD 220199.20000000 2.858225519223 Long EC CORP US N 1 N N N 2022-05-23 Walthausen Focused Small Cap Value Fund Daniel Bauer Daniel Bauer AVP, Fund Accounting XXXX