FAM VALUE FUND
SCHEDULE OF INVESTMENTS
March 31, 2026 (Unaudited)
COMMON STOCKS - 98.3%	Shares		Value
Banks - 2.0%
Pinnacle Financial Partners, Inc.		404,977	$	34,884,718
Capital Markets - 7.8%
Brookfield Asset Management Ltd. - Class A		397,940		17,688,433
Brookfield Corporation - Class A		2,087,640		84,486,791
S&P Global, Inc.		72,000		30,624,480
				132,799,704
Construction Materials - 4.8%
Vulcan Materials Company		297,930		81,126,339
Diversified Financial Services - 0.8%
Berkshire Hathaway, Inc. - Class A (a)		18		12,926,520
Electronic Equipment, Instruments & Components - 18.9%
AMETEK, Inc.		173,280		37,144,301
Amphenol Corporation - Class A		704,085		88,961,139
CDW Corporation		558,200		67,553,364
Keysight Technologies, Inc. (a)		310,870		87,780,362
Zebra Technologies Corporation - Class A (a)		186,510		38,995,511
				320,434,677
Health Care Equipment & Supplies - 4.0%
Stryker Corporation		208,000		68,346,720
Hotels, Restaurants & Leisure - 2.8%
Booking Holdings, Inc.		11,350		47,787,132
Insurance - 17.2%
Arthur J. Gallagher & Company		119,200		25,816,336
Brown & Brown, Inc.		1,257,292		81,988,011
Markel Group, Inc. (a)		53,850		103,072,670
Progressive Corporation (The)		340,000		67,401,600
Ryan Specialty Group Holdings, Inc.		400,000		13,496,000
				291,774,617
Life Sciences Tools & Services - 2.0%
Agilent Technologies, Inc.		293,170		33,415,517

FAM VALUE FUND
SCHEDULE OF INVESTMENTS (Continued)
COMMON STOCKS - 98.3% (Continued)	Shares		Value
Machinery - 11.9%
Graco, Inc.		670,180	$	56,730,737
IDEX Corporation		431,530		81,796,512
Illinois Tool Works, Inc.		242,560		63,135,942
				201,663,191
Professional Services - 1.9%
ExlService Holdings, Inc. (a)		1,072,900		32,669,805
Road & Rail - 1.8%
Landstar System, Inc.		194,800		31,228,388
Semiconductors & Semiconductor Equipment - 6.4%
Analog Devices, Inc.		288,610		91,818,385
Microchip Technology, Inc.		258,860		16,724,945
				108,543,330
Specialty Retail - 11.7%
AutoZone, Inc. (a)		18,265		61,695,152
Ross Stores, Inc.		635,848		137,743,752
				199,438,904
Trading Companies & Distributors - 4.3%
Fastenal Company		1,561,800		72,467,520
Total Common Stocks (Cost $583,562,181)			$	1,669,507,082

MONEY MARKET FUNDS - 1.7%	Shares		Value
Invesco Treasury Portfolio - Institutional Class, 3.56% (b) (Cost $29,101,057)		29,101,057	$	29,101,057
Total Investments at Value - 100.0% (Cost $612,663,238)			$	1,698,608,139
Liabilities in Excess of Other Assets - (0.0%) (c)				(842,270	)
Net Assets - 100.0%			$	1,697,765,869

(a)	Non-income producing security.
(b)	The rate shown is the 7-day effective yield as of March 31, 2026.
(c)	Percentage rounds to less than 0.1%.

FAM DIVIDEND FOCUS FUND
SCHEDULE OF INVESTMENTS
March 31, 2026 (Unaudited)
COMMON STOCKS - 96.7%	Shares		Value
Aerospace & Defense - 5.6%
HEICO Corporation - Class A		166,705	$	35,189,758
Apparel & Textile Products – 1.0%
Gildan Activewear, Inc.		109,000		6,065,850
Building Products - 8.5%
Trane Technologies plc		128,900		53,717,786
Capital Markets - 1.8%
Houlihan Lokey, Inc.		81,544		11,711,349
Commercial Services & Supplies - 4.3%
Cintas Corporation		159,132		26,915,587
Commercial Support Services - 5.1%
Republic Services, Inc.		148,390		32,500,378
Construction Materials - 9.4%
Martin Marietta Materials, Inc.		54,614		32,150,169
Vulcan Materials Company		99,430		27,074,789
				59,224,958
Containers & Packaging - 2.1%
Avery Dennison Corporation		77,207		13,332,105
Electronic Equipment, Instruments & Components - 4.0%
Amphenol Corporation - Class A		150,502		19,015,928
CDW Corporation		49,610		6,003,802
				25,019,730
Health Care Equipment & Supplies - 9.7%
STERIS plc		116,700		25,805,871
Stryker Corporation		107,000		35,159,130
				60,965,001
Insurance - 6.2%
Arthur J. Gallagher & Company		180,350		39,060,203
IT Services - 8.8%
Broadridge Financial Solutions, Inc.		177,400		28,823,952
Jack Henry & Associates, Inc.		100,670		15,909,886
Paychex, Inc.		115,890		10,675,787
				55,409,625

FAM DIVIDEND FOCUS FUND
SCHEDULE OF INVESTMENTS (Continued)
COMMON STOCKS - 96.7% (Continued)	Shares		Value
Machinery - 2.4%
IDEX Corporation		80,000	$	15,164,000
Medical Equipment & Devices - 1.0%
GE HealthCare Technologies, Inc.		92,988		6,618,886
Professional Services - 3.2%
Verisk Analytics, Inc.		106,120		20,136,270
Real Estate Management & Development - 0.3%
FirstService Corporation		13,700		1,903,478
Semiconductors & Semiconductor Equipment - 8.3%
Entegris, Inc.		243,000		28,489,320
Microchip Technology, Inc.		373,170		24,110,514
				52,599,834
Specialty Retail - 7.9%
Ross Stores, Inc.		229,376		49,689,723
Trading Companies & Distributors - 7.1%
Fastenal Company		675,800		31,357,120
Watsco, Inc.		36,460		13,263,783
				44,620,903
Total Common Stocks (Cost $297,862,871)			$	609,845,424
MONEY MARKET FUNDS - 2.2%		Shares		Value
Invesco Treasury Portfolio - Institutional Class, 3.56% (a) (Cost $14,200,971)		14,200,971	$	14,200,971
Total Investments at Value - 98.9% (Cost $312,063,842)			$	624,046,395
Other Assets in Excess of Liabilities - 1.1%				6,786,278
Net Assets - 100.0%			$	630,832,673

^(a) The rate shown is the 7-day effective yield as of March 31, 2026.

FAM SMALL CAP FUND
SCHEDULE OF INVESTMENTS
March 31, 2026 (Unaudited)
COMMON STOCKS - 95.7%	Shares		Value
Banks - 3.6%
Home BancShares, Inc.		403,785	$	10,873,930
Building Products - 2.9%
Casella Waste Systems, Inc. – Class A (a)		111,636		8,857,200
Chemicals - 4.2%
Element Solutions, Inc.		367,174		12,535,320
Diversified Consumer Services - 7.4%
Frontdoor, Inc. (a)		188,736		9,976,585
OneSpaWorld Holdings Ltd.		542,222		12,443,995
				22,420,580
Electrical Equipment - 3.5%
Novanta, Inc. (a)		86,741		10,244,980
Gas Utilities - 2.9%
Brookfield Infrastructure Corporation - Class A		221,039		8,735,461
Health Care Facilities & Services - 3.4%
Chemed Corporation		27,536		10,401,449
Hotels, Restaurants & Leisure - 4.3%
Choice Hotels International, Inc.		125,529		12,992,252
Insurance - 9.0%
Baldwin Insurance Group, Inc. (The) (a)		552,764		12,127,642
Trisura Group Ltd. (a)		482,990		15,117,091
				27,244,733
Machinery - 5.8%
ESAB Corporation		84,130		8,132,006
Franklin Electric Company, Inc.		102,380		9,436,364
				17,568,370
Media - 6.3%
Altus Group Ltd.		314,338		10,789,763
Boston Omaha Corporation - Class A (a)		703,635		8,218,457
				19,008,220
Professional Services - 14.9%
CBIZ, Inc. (a)		546,866		14,683,352
ExlService Holdings, Inc. (a)		580,781		17,684,781
Exponent, Inc.		195,000		12,723,750
				45,091,883

FAM SMALL CAP FUND

SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 95.7% (Continued)	Shares		Value
Real Estate Management & Development - 9.0%
Colliers International Group, Inc.		152,847	$	16,337,816
FirstService Corporation		77,534		10,772,574
				27,110,390
Road & Rail - 4.6%
Landstar System, Inc.		86,429		13,855,433
Software - 5.7%
Descartes Systems Group, Inc. (The) (a)		125,280		8,965,037
SPS Commerce, Inc. (a)		145,584		8,104,661
				17,069,698
Specialty Retail - 3.2%
Floor & Decor Holdings, Inc. - Class A (a)		189,519		9,627,565
Trading Companies & Distributors - 5.0%
SiteOne Landscape Supply, Inc. (a)		114,082		15,185,455
Total Common Stocks (Cost $242,969,057)			$	288,822,919
MONEY MARKET FUNDS - 4.4%		Shares		Value
Invesco Treasury Portfolio - Institutional Class, 3.56% (b) (Cost $13,141,793)		13,141,793	$	13,141,793
Total Investments at Value - 100.1% (Cost $256,110,850)			$	301,964,712
Liabilities in Excess of Other Assets - (0.1%)				(237,222	)
Net Assets - 100.0%			$	301,727,490

(a)	Non-income producing security.
(b)	The rate shown is the 7-day effective yield as of March 31, 2026.