Disciplined Core Value - Schedule of Investments | ||
SEPTEMBER 30, 2021 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||
COMMON STOCKS — 98.4% | ||||||||
Aerospace and Defense — 0.3% | ||||||||
Huntington Ingalls Industries, Inc. | 44,899 | 8,668,201 | ||||||
Air Freight and Logistics — 1.2% | ||||||||
Atlas Air Worldwide Holdings, Inc.(1) | 124,116 | 10,137,795 | ||||||
FedEx Corp. | 108,129 | 23,711,608 | ||||||
33,849,403 | ||||||||
Automobiles — 0.9% | ||||||||
Ford Motor Co.(1) | 1,841,380 | 26,073,941 | ||||||
Banks — 9.8% | ||||||||
Bank of America Corp. | 1,116,847 | 47,410,155 | ||||||
Bank of Nova Scotia (The) | 240,189 | 14,783,779 | ||||||
Canadian Imperial Bank of Commerce | 127,690 | 14,214,661 | ||||||
Citigroup, Inc. | 446,529 | 31,337,405 | ||||||
Comerica, Inc. | 189,428 | 15,248,954 | ||||||
East West Bancorp, Inc. | 197,589 | 15,321,051 | ||||||
First Horizon Corp. | 778,142 | 12,675,933 | ||||||
JPMorgan Chase & Co. | 502,156 | 82,197,916 | ||||||
Wells Fargo & Co. | 434,930 | 20,185,102 | ||||||
Western Alliance Bancorp | 144,161 | 15,687,600 | ||||||
Zions Bancorp N.A. | 246,618 | 15,263,188 | ||||||
284,325,744 | ||||||||
Beverages — 0.2% | ||||||||
Molson Coors Beverage Co., Class B | 99,103 | 4,596,397 | ||||||
Biotechnology — 3.6% | ||||||||
AbbVie, Inc. | 401,074 | 43,263,852 | ||||||
Exelixis, Inc.(1) | 199,650 | 4,220,601 | ||||||
Horizon Therapeutics plc(1) | 179,359 | 19,646,985 | ||||||
Moderna, Inc.(1) | 18,250 | 7,023,695 | ||||||
Regeneron Pharmaceuticals, Inc.(1) | 35,983 | 21,776,192 | ||||||
Vertex Pharmaceuticals, Inc.(1) | 45,673 | 8,284,626 | ||||||
104,215,951 | ||||||||
Building Products — 2.1% | ||||||||
Carlisle Cos., Inc. | 105,408 | 20,954,056 | ||||||
Carrier Global Corp. | 342,139 | 17,709,115 | ||||||
Owens Corning | 248,845 | 21,276,248 | ||||||
59,939,419 | ||||||||
Capital Markets — 4.9% | ||||||||
Affiliated Managers Group, Inc. | 20,612 | 3,114,267 | ||||||
Blackstone, Inc. | 200,133 | 23,283,473 | ||||||
Cboe Global Markets, Inc. | 202,238 | 25,049,199 | ||||||
Goldman Sachs Group, Inc. (The) | 60,467 | 22,858,340 | ||||||
Janus Henderson Group plc | 182,818 | 7,555,868 | ||||||
Jefferies Financial Group, Inc. | 417,283 | 15,493,718 | ||||||
Morgan Stanley | 253,109 | 24,630,037 | ||||||
T. Rowe Price Group, Inc. | 73,453 | 14,448,205 | ||||||
Virtu Financial, Inc., Class A | 186,575 | 4,558,027 | ||||||
140,991,134 | ||||||||
Chemicals — 2.1% | ||||||||
Axalta Coating Systems Ltd.(1) | 295,829 | 8,635,249 |
Celanese Corp. | 140,186 | 21,117,619 | ||||||
Chemours Co. (The) | 497,037 | 14,443,895 | ||||||
Olin Corp. | 326,270 | 15,742,527 | ||||||
59,939,290 | ||||||||
Commercial Services and Supplies — 1.5% | ||||||||
Clean Harbors, Inc.(1) | 134,588 | 13,979,656 | ||||||
Waste Management, Inc. | 199,176 | 29,748,927 | ||||||
43,728,583 | ||||||||
Communications Equipment — 0.8% | ||||||||
Nokia Oyj(1) | 4,037,685 | 22,269,063 | ||||||
Construction and Engineering — 1.8% | ||||||||
EMCOR Group, Inc. | 163,232 | 18,833,708 | ||||||
MasTec, Inc.(1) | 129,729 | 11,193,018 | ||||||
Quanta Services, Inc. | 199,208 | 22,673,855 | ||||||
52,700,581 | ||||||||
Consumer Finance — 0.9% | ||||||||
OneMain Holdings, Inc. | 275,124 | 15,222,611 | ||||||
Synchrony Financial | 250,238 | 12,231,633 | ||||||
27,454,244 | ||||||||
Containers and Packaging — 1.1% | ||||||||
Berry Global Group, Inc.(1) | 168,867 | 10,280,623 | ||||||
Greif, Inc., Class A | 67,269 | 4,345,577 | ||||||
WestRock Co. | 361,635 | 18,020,272 | ||||||
32,646,472 | ||||||||
Distributors — 0.4% | ||||||||
LKQ Corp.(1) | 230,422 | 11,594,835 | ||||||
Diversified Consumer Services — 0.5% | ||||||||
H&R Block, Inc. | 596,154 | 14,903,850 | ||||||
Diversified Financial Services — 1.4% | ||||||||
Berkshire Hathaway, Inc., Class B(1) | 151,732 | 41,413,732 | ||||||
Diversified Telecommunication Services — 1.2% | ||||||||
Liberty Global plc, Class C(1) | 543,239 | 16,003,821 | ||||||
Lumen Technologies, Inc. | 1,604,229 | 19,876,397 | ||||||
35,880,218 | ||||||||
Electric Utilities — 0.8% | ||||||||
NRG Energy, Inc. | 547,745 | 22,364,428 | ||||||
Electrical Equipment — 0.7% | ||||||||
Acuity Brands, Inc. | 60,550 | 10,497,553 | ||||||
Atkore, Inc.(1) | 85,165 | 7,402,542 | ||||||
Regal Beloit Corp. | 21,402 | 3,217,577 | ||||||
21,117,672 | ||||||||
Electronic Equipment, Instruments and Components — 0.6% | ||||||||
Keysight Technologies, Inc.(1) | 99,924 | 16,416,514 | ||||||
Energy Equipment and Services — 0.5% | ||||||||
Schlumberger NV | 519,746 | 15,405,272 | ||||||
Entertainment — 1.8% | ||||||||
Activision Blizzard, Inc. | 185,574 | 14,361,572 | ||||||
Electronic Arts, Inc. | 173,735 | 24,713,804 | ||||||
Walt Disney Co. (The)(1) | 71,190 | 12,043,212 | ||||||
51,118,588 | ||||||||
Equity Real Estate Investment Trusts (REITs) — 2.1% | ||||||||
ProLogis, Inc. | 293,734 | 36,843,056 | ||||||
Simon Property Group, Inc. | 175,023 | 22,747,739 | ||||||
59,590,795 | ||||||||
Food and Staples Retailing — 3.4% | ||||||||
Costco Wholesale Corp. | 35,271 | 15,849,024 | ||||||
Kroger Co. (The) | 720,324 | 29,122,699 | ||||||
Sprouts Farmers Market, Inc.(1) | 499,896 | 11,582,590 | ||||||
Walgreens Boots Alliance, Inc. | 445,489 | 20,960,258 | ||||||
Walmart, Inc. | 160,858 | 22,420,388 | ||||||
99,934,959 | ||||||||
Food Products — 1.0% | ||||||||
Darling Ingredients, Inc.(1) | 159,167 | 11,444,107 | ||||||
Tyson Foods, Inc., Class A | 231,921 | 18,307,844 | ||||||
29,751,951 | ||||||||
Gas Utilities — 0.1% | ||||||||
UGI Corp. | 87,228 | 3,717,657 | ||||||
Health Care Equipment and Supplies — 1.9% | ||||||||
Abbott Laboratories | 170,052 | 20,088,243 | ||||||
Edwards Lifesciences Corp.(1) | 63,224 | 7,157,589 | ||||||
Hologic, Inc.(1) | 127,612 | 9,419,042 | ||||||
Stryker Corp. | 64,901 | 17,115,691 | ||||||
53,780,565 | ||||||||
Health Care Providers and Services — 6.7% | ||||||||
AMN Healthcare Services, Inc.(1) | 160,404 | 18,406,359 | ||||||
Anthem, Inc. | 55,741 | 20,780,245 | ||||||
HCA Healthcare, Inc. | 192,876 | 46,814,863 | ||||||
Henry Schein, Inc.(1) | 210,376 | 16,022,236 | ||||||
Laboratory Corp. of America Holdings(1) | 50,845 | 14,309,817 | ||||||
McKesson Corp. | 211,878 | 42,244,235 | ||||||
UnitedHealth Group, Inc. | 88,185 | 34,457,407 | ||||||
193,035,162 | ||||||||
Hotels, Restaurants and Leisure — 1.4% | ||||||||
Bloomin' Brands, Inc.(1) | 494,268 | 12,356,700 | ||||||
Brinker International, Inc.(1) | 119,477 | 5,860,347 | ||||||
Yum! Brands, Inc. | 180,785 | 22,111,813 | ||||||
40,328,860 | ||||||||
Household Durables — 0.4% | ||||||||
Garmin Ltd. | 69,792 | 10,849,864 | ||||||
Household Products — 1.2% | ||||||||
Kimberly-Clark Corp. | 220,383 | 29,187,525 | ||||||
Procter & Gamble Co. (The) | 35,903 | 5,019,239 | ||||||
34,206,764 | ||||||||
Industrial Conglomerates — 1.5% | ||||||||
3M Co. | 185,926 | 32,615,139 | ||||||
Honeywell International, Inc. | 52,693 | 11,185,670 | ||||||
43,800,809 | ||||||||
Insurance — 1.2% | ||||||||
Allstate Corp. (The) | 136,336 | 17,356,936 | ||||||
Hartford Financial Services Group, Inc. (The) | 256,704 | 18,033,456 | ||||||
35,390,392 | ||||||||
Interactive Media and Services — 1.9% | ||||||||
Alphabet, Inc., Class A(1) | 6,985 | 18,674,537 | ||||||
Alphabet, Inc., Class C(1) | 13,338 | 35,549,905 | ||||||
54,224,442 | ||||||||
IT Services — 2.6% | ||||||||
Accenture plc, Class A | 62,286 | 19,926,537 | ||||||
Cognizant Technology Solutions Corp., Class A | 397,542 | 29,501,592 | ||||||
International Business Machines Corp. | 197,149 | 27,389,911 | ||||||
76,818,040 | ||||||||
Life Sciences Tools and Services — 2.5% | ||||||||
Agilent Technologies, Inc. | 153,744 | 24,219,292 | ||||||
Charles River Laboratories International, Inc.(1) | 62,208 | 25,671,375 | ||||||
PerkinElmer, Inc. | 98,195 | 17,016,212 | ||||||
Thermo Fisher Scientific, Inc. | 9,264 | 5,292,801 | ||||||
72,199,680 | ||||||||
Machinery — 2.3% | ||||||||
AGCO Corp. | 248,617 | 30,463,041 | ||||||
Allison Transmission Holdings, Inc. | 367,457 | 12,978,581 | ||||||
Cummins, Inc. | 49,844 | 11,192,969 | ||||||
Snap-on, Inc. | 64,980 | 13,577,571 | ||||||
68,212,162 | ||||||||
Media — 1.8% | ||||||||
Comcast Corp., Class A | 614,002 | 34,341,132 | ||||||
Interpublic Group of Cos., Inc. (The) | 456,741 | 16,748,692 | ||||||
51,089,824 | ||||||||
Metals and Mining — 1.1% | ||||||||
Nucor Corp. | 245,175 | 24,147,286 | ||||||
Steel Dynamics, Inc. | 109,845 | 6,423,735 | ||||||
30,571,021 | ||||||||
Multi-Utilities — 0.6% | ||||||||
Brookfield Infrastructure Partners LP | 301,379 | 16,910,376 | ||||||
Multiline Retail — 0.7% | ||||||||
Target Corp. | 87,083 | 19,921,978 | ||||||
Oil, Gas and Consumable Fuels — 4.7% | ||||||||
APA Corp. | 541,058 | 11,594,873 | ||||||
Cabot Oil & Gas Corp. | 297,784 | 6,479,780 | ||||||
Chevron Corp. | 142,641 | 14,470,929 | ||||||
ConocoPhillips | 317,891 | 21,543,473 | ||||||
Diamondback Energy, Inc. | 117,124 | 11,088,129 | ||||||
Marathon Petroleum Corp. | 362,398 | 22,399,820 | ||||||
Ovintiv, Inc. | 669,434 | 22,010,990 | ||||||
Targa Resources Corp. | 276,531 | 13,608,091 | ||||||
Williams Cos., Inc. (The) | 555,288 | 14,404,171 | ||||||
137,600,256 | ||||||||
Paper and Forest Products — 0.4% | ||||||||
Louisiana-Pacific Corp. | 175,934 | 10,797,070 | ||||||
Personal Products — 0.6% | ||||||||
Unilever plc | 298,784 | 16,175,666 | ||||||
Pharmaceuticals — 2.6% | ||||||||
Bristol-Myers Squibb Co. | 344,972 | 20,411,993 | ||||||
Jazz Pharmaceuticals plc(1) | 57,941 | 7,544,498 | ||||||
Johnson & Johnson | 52,692 | 8,509,758 | ||||||
Pfizer, Inc. | 502,627 | 21,617,987 | ||||||
Roche Holding AG | 45,453 | 16,588,970 | ||||||
74,673,206 | ||||||||
Professional Services — 0.7% | ||||||||
Leidos Holdings, Inc. | 220,978 | 21,242,615 | ||||||
Real Estate Management and Development — 0.5% | ||||||||
CBRE Group, Inc., Class A(1) | 81,584 | 7,943,018 | ||||||
Jones Lang LaSalle, Inc.(1) | 24,861 | 6,167,766 | ||||||
14,110,784 | ||||||||
Road and Rail — 1.4% | ||||||||
Knight-Swift Transportation Holdings, Inc. | 169,512 | 8,670,539 |
Landstar System, Inc. | 112,734 | 17,791,680 | ||||||
Ryder System, Inc. | 180,875 | 14,960,171 | ||||||
41,422,390 | ||||||||
Semiconductors and Semiconductor Equipment — 3.3% | ||||||||
Broadcom, Inc. | 60,805 | 29,486,169 | ||||||
NXP Semiconductors NV | 94,527 | 18,515,003 | ||||||
QUALCOMM, Inc. | 108,941 | 14,051,210 | ||||||
Synaptics, Inc.(1) | 63,327 | 11,381,762 | ||||||
United Microelectronics Corp., ADR | 1,825,919 | 20,870,254 | ||||||
94,304,398 | ||||||||
Software — 4.1% | ||||||||
Microsoft Corp. | 144,105 | 40,626,082 | ||||||
Oracle Corp. (New York) | 296,061 | 25,795,795 | ||||||
Palo Alto Networks, Inc.(1) | 32,925 | 15,771,075 | ||||||
salesforce.com, Inc.(1) | 83,258 | 22,581,235 | ||||||
Synopsys, Inc.(1) | 45,376 | 13,586,028 | ||||||
118,360,215 | ||||||||
Specialty Retail — 2.8% | ||||||||
AutoNation, Inc.(1) | 105,682 | 12,867,840 | ||||||
Best Buy Co., Inc. | 162,439 | 17,171,427 | ||||||
Dick's Sporting Goods, Inc. | 117,652 | 14,091,180 | ||||||
Lowe's Cos., Inc. | 69,808 | 14,161,251 | ||||||
Penske Automotive Group, Inc. | 113,483 | 11,416,390 | ||||||
Williams-Sonoma, Inc. | 71,374 | 12,656,751 | ||||||
82,364,839 | ||||||||
Technology Hardware, Storage and Peripherals — 2.5% | ||||||||
Apple, Inc. | 202,152 | 28,604,508 | ||||||
Dell Technologies, Inc., Class C(1) | 88,583 | 9,216,175 | ||||||
HP, Inc. | 522,311 | 14,290,429 | ||||||
Seagate Technology Holdings plc | 233,978 | 19,307,865 | ||||||
71,418,977 | ||||||||
Textiles, Apparel and Luxury Goods — 0.3% | ||||||||
Hanesbrands, Inc. | 595,526 | 10,219,226 | ||||||
Thrifts and Mortgage Finance — 0.3% | ||||||||
Radian Group, Inc. | 443,785 | 10,082,795 | ||||||
Trading Companies and Distributors — 0.2% | ||||||||
Boise Cascade Co. | 137,036 | 7,397,203 | ||||||
Wireless Telecommunication Services — 0.5% | ||||||||
Vodafone Group plc | 9,225,080 | 14,037,729 | ||||||
TOTAL COMMON STOCKS (Cost $2,656,691,163) | 2,850,156,202 | |||||||
EXCHANGE-TRADED FUNDS — 1.0% | ||||||||
iShares Russell 1000 Value ETF (Cost $27,836,352) | 186,948 | 29,259,232 | ||||||
TEMPORARY CASH INVESTMENTS — 1.5% | ||||||||
Repurchase Agreement, BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 0.125%, 5/15/23, valued at $7,957,777), in a joint trading account at 0.02%, dated 9/30/21, due 10/1/21 (Delivery value $7,799,254) | 7,799,250 | |||||||
Repurchase Agreement, Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 1.375% - 3.375%, 2/15/44 - 11/15/48, valued at $26,524,152), at 0.01%, dated 9/30/21, due 10/1/21 (Delivery value $26,004,007) | 26,004,000 | |||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 9,071,476 | 9,071,476 | ||||||
TOTAL TEMPORARY CASH INVESTMENTS (Cost $42,874,726) | 42,874,726 | |||||||
TOTAL INVESTMENT SECURITIES — 100.9% (Cost $2,727,402,241) | 2,922,290,160 | |||||||
OTHER ASSETS AND LIABILITIES — (0.9)% | (26,229,444) | |||||||
TOTAL NET ASSETS — 100.0% | $ | 2,896,060,716 |
FUTURES CONTRACTS PURCHASED | ||||||||||||||
Reference Entity | Contracts | Expiration Date | Notional Amount | Unrealized Appreciation (Depreciation)^ | ||||||||||
S&P 500 E-Mini | 9 | December 2021 | $ | 1,933,988 | $ | (68,608) |
NOTES TO SCHEDULE OF INVESTMENTS | ||||||||
ADR | - | American Depositary Receipt |
Level 1 ($) | Level 2 ($) | Level 3 ($) | |||||||||
Assets | |||||||||||
Investment Securities | |||||||||||
Common Stocks | 2,752,086,334 | 98,069,868 | — | ||||||||
Exchange-Traded Funds | 29,259,232 | — | — | ||||||||
Temporary Cash Investments | 9,071,476 | 33,803,250 | — | ||||||||
2,790,417,042 | 131,873,118 | — | |||||||||
Liabilities | |||||||||||
Other Financial Instruments | |||||||||||
Futures Contracts | 68,608 | — | — |