Number of Shares | Value | |
COMMON STOCKS — 98.0% | ||
APPAREL — 2.5% | ||
2,824 | Deckers Outdoor Corp.* | $988,202 |
9,138 | NIKE, Inc. - Class B | 846,910 |
23,736 | VF Corp. | 670,542 |
2,505,654 | ||
BANKS — 0.9% | ||
21,656 | Bank of New York Mellon Corp. | 911,934 |
BUILDING MATERIALS — 1.0% | ||
23,849 | Carrier Global Corp. | 948,236 |
CHEMICALS — 1.9% | ||
5,913 | Ecolab, Inc. | 928,755 |
8,003 | PPG Industries, Inc. | 913,782 |
1,842,537 | ||
COMMERCIAL SERVICES — 4.6% | ||
4,169 | Automatic Data Processing, Inc. | 1,007,647 |
13,951 | Block, Inc.* | 838,037 |
3,407 | Moody's Corp. | 902,412 |
9,962 | PayPal Holdings, Inc.* | 832,624 |
2,772 | S&P Global, Inc. | 890,505 |
4,471,225 | ||
COMPUTERS — 6.0% | ||
3,526 | Accenture PLC - Class A1 | 1,001,031 |
6,320 | Apple, Inc. | 969,109 |
15,505 | Cognizant Technology Solutions Corp. - Class A | 965,186 |
5,378 | Crowdstrike Holdings, Inc. - Class A* | 866,934 |
18,943 | Fortinet, Inc.* | 1,082,782 |
7,656 | International Business Machines Corp. | 1,058,748 |
5,943,790 | ||
COSMETICS/PERSONAL CARE — 0.8% | ||
3,917 | Estee Lauder Cos., Inc. - Class A | 785,319 |
DISTRIBUTION/WHOLESALE — 3.2% | ||
20,355 | Fastenal Co. | 983,757 |
19,729 | LKQ Corp. | 1,097,722 |
1,804 | W.W. Grainger, Inc. | 1,054,167 |
3,135,646 | ||
DIVERSIFIED FINANCIAL SERVICES — 8.0% | ||
6,142 | American Express Co. | 911,780 |
3,476 | Ameriprise Financial, Inc. | 1,074,501 |
Number of Shares | Value | |
COMMON STOCKS (Continued) | ||
DIVERSIFIED FINANCIAL SERVICES (Continued) | ||
1,522 | BlackRock, Inc. | $983,075 |
13,219 | Charles Schwab Corp. | 1,053,158 |
5,007 | CME Group, Inc. | 867,713 |
9,745 | Intercontinental Exchange, Inc. | 931,330 |
3,036 | Mastercard, Inc. - Class A | 996,354 |
4,923 | Visa, Inc. - Class A | 1,019,849 |
7,837,760 | ||
ENERGY-ALTERNATE SOURCES — 1.6% | ||
3,097 | Enphase Energy, Inc.* | 950,779 |
25,739 | Sunrun, Inc.* | 579,385 |
1,530,164 | ||
FOOD — 1.1% | ||
12,038 | Sysco Corp. | 1,042,009 |
HAND/MACHINE TOOLS — 0.9% | ||
11,245 | Stanley Black & Decker, Inc. | 882,620 |
HEALTHCARE-PRODUCTS — 4.9% | ||
9,129 | Abbott Laboratories | 903,223 |
4,574 | Intuitive Surgical, Inc.* | 1,127,354 |
10,563 | Medtronic PLC1 | 922,572 |
4,233 | Stryker Corp. | 970,373 |
1,741 | Thermo Fisher Scientific, Inc. | 894,822 |
4,818,344 | ||
HEALTHCARE-SERVICES — 2.0% | ||
11,082 | Centene Corp.* | 943,411 |
4,573 | HCA Healthcare, Inc. | 994,490 |
1,937,901 | ||
HOUSEHOLD PRODUCTS/WARES — 1.9% | ||
12,479 | Church & Dwight Co., Inc. | 925,068 |
7,882 | Kimberly-Clark Corp. | 980,994 |
1,906,062 | ||
INSURANCE — 3.1% | ||
3,421 | Aon PLC - Class A1 | 962,977 |
5,004 | Chubb Ltd.1 | 1,075,310 |
6,127 | Marsh & McLennan Cos., Inc. | 989,449 |
3,027,736 | ||
INTERNET — 3.9% | ||
9,352 | Alphabet, Inc. - Class A* | 883,857 |
Number of Shares | Value | |
COMMON STOCKS (Continued) | ||
INTERNET (Continued) | ||
9,262 | Alphabet, Inc. - Class C* | $876,741 |
4,075 | Netflix, Inc.* | 1,189,411 |
5,364 | Palo Alto Networks, Inc.* | 920,409 |
3,870,418 | ||
IRON/STEEL — 1.1% | ||
8,191 | Nucor Corp. | 1,076,134 |
LODGING — 1.0% | ||
5,919 | Marriott International, Inc. - Class A | 947,691 |
MACHINERY-DIVERSIFIED — 1.0% | ||
3,939 | Rockwell Automation, Inc. | 1,005,627 |
MEDIA — 0.9% | ||
8,641 | Walt Disney Co.* | 920,612 |
PHARMACEUTICALS — 9.5% | ||
6,868 | AmerisourceBergen Corp. | 1,079,787 |
3,729 | Becton, Dickinson and Co. | 879,932 |
13,337 | Bristol-Myers Squibb Co. | 1,033,217 |
3,296 | Cigna Corp. | 1,064,806 |
3,094 | Eli Lilly & Co. | 1,120,307 |
5,792 | Johnson & Johnson | 1,007,634 |
2,824 | McKesson Corp. | 1,099,581 |
11,053 | Merck & Co., Inc. | 1,118,564 |
20,937 | Pfizer, Inc. | 974,617 |
9,378,445 | ||
REITS — 2.9% | ||
1,557 | Equinix, Inc.* | 881,947 |
8,191 | Prologis, Inc.* | 907,153 |
9,587 | Simon Property Group, Inc.* | 1,044,792 |
2,833,892 | ||
RETAIL — 6.5% | ||
6,235 | Genuine Parts Co. | 1,108,957 |
1,400 | O'Reilly Automotive, Inc.* | 1,172,038 |
10,711 | Ross Stores, Inc. | 1,024,936 |
14,821 | TJX Cos., Inc. | 1,068,594 |
2,278 | Ulta Beauty, Inc.* | 955,325 |
28,167 | Walgreens Boots Alliance, Inc. | 1,028,095 |
6,357,945 |
Number of Shares | Value | |
COMMON STOCKS (Continued) | ||
SEMICONDUCTORS — 9.3% | ||
12,597 | Advanced Micro Devices, Inc.* | $756,576 |
6,506 | Analog Devices, Inc. | 927,886 |
1,926 | Broadcom, Inc. | 905,451 |
33,277 | Intel Corp. | 946,065 |
20,741 | Marvell Technology, Inc. | 823,003 |
14,956 | Microchip Technology, Inc. | 923,383 |
18,315 | Micron Technology, Inc. | 990,842 |
7,452 | NVIDIA Corp. | 1,005,796 |
7,697 | QUALCOMM, Inc. | 905,629 |
5,912 | Texas Instruments, Inc. | 949,645 |
9,134,276 | ||
SOFTWARE — 12.7% | ||
3,114 | Adobe, Inc.* | 991,809 |
4,771 | Autodesk, Inc.* | 1,022,425 |
5,912 | Cadence Design Systems, Inc.* | 895,018 |
7,733 | Electronic Arts, Inc. | 974,049 |
11,217 | Fidelity National Information Services, Inc. | 930,899 |
9,203 | Fiserv, Inc.* | 945,516 |
2,277 | Intuit, Inc. | 973,418 |
3,920 | Microsoft Corp. | 909,950 |
13,719 | Oracle Corp. | 1,071,042 |
8,083 | Paychex, Inc. | 956,300 |
6,192 | Salesforce, Inc.* | 1,006,757 |
2,202 | ServiceNow, Inc.* | 926,469 |
3,047 | Synopsys, Inc.* | 891,400 |
12,495,052 | ||
TELECOMMUNICATIONS — 2.1% | ||
57,248 | AT&T, Inc. | 1,043,631 |
22,183 | Cisco Systems, Inc. | 1,007,774 |
2,051,405 | ||
TOYS/GAMES/HOBBIES — 0.8% | ||
12,303 | Hasbro, Inc. | 802,771 |
TRANSPORTATION — 0.9% | ||
5,173 | United Parcel Service, Inc. - Class B | 867,874 |
Number of Shares | Value | |
COMMON STOCKS (Continued) | ||
WATER — 1.0% | ||
6,482 | American Water Works Co., Inc. | $942,094 |
TOTAL COMMON STOCKS | ||
(Cost $106,898,871) | 96,211,173 | |
TOTAL INVESTMENTS — 98.0% | ||
(Cost $106,898,871) | 96,211,173 | |
Other Assets in Excess of Liabilities — 2.0% | 2,009,052 | |
TOTAL NET ASSETS — 100.0% | $98,220,225 |
PLC – Public Limited Company |
*Non-income producing security. |
1Foreign security denominated in U.S. Dollars. |