Disciplined Growth - Schedule of Investments | ||
SEPTEMBER 30, 2021 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||
COMMON STOCKS — 98.8% | ||||||||
Aerospace and Defense — 0.3% | ||||||||
Textron, Inc. | 18,382 | 1,283,247 | ||||||
Air Freight and Logistics — 0.8% | ||||||||
Expeditors International of Washington, Inc. | 10,451 | 1,245,028 | ||||||
FedEx Corp. | 13,443 | 2,947,915 | ||||||
4,192,943 | ||||||||
Automobiles — 1.2% | ||||||||
Tesla, Inc.(1) | 7,514 | 5,826,957 | ||||||
Biotechnology — 3.6% | ||||||||
Exelixis, Inc.(1) | 85,278 | 1,802,777 | ||||||
Horizon Therapeutics plc(1) | 35,322 | 3,869,172 | ||||||
Moderna, Inc.(1) | 12,468 | 4,798,434 | ||||||
Regeneron Pharmaceuticals, Inc.(1) | 5,454 | 3,300,652 | ||||||
Vertex Pharmaceuticals, Inc.(1) | 23,659 | 4,291,506 | ||||||
18,062,541 | ||||||||
Building Products — 1.0% | ||||||||
Allegion plc | 18,728 | 2,475,467 | ||||||
Carlisle Cos., Inc. | 13,860 | 2,755,229 | ||||||
5,230,696 | ||||||||
Capital Markets — 2.2% | ||||||||
Moody's Corp. | 10,444 | 3,708,769 | ||||||
MSCI, Inc. | 5,958 | 3,624,490 | ||||||
T. Rowe Price Group, Inc. | 17,270 | 3,397,009 | ||||||
10,730,268 | ||||||||
Commercial Services and Supplies — 0.6% | ||||||||
Clean Harbors, Inc.(1) | 16,689 | 1,733,487 | ||||||
Rollins, Inc. | 42,110 | 1,487,746 | ||||||
3,221,233 | ||||||||
Communications Equipment — 0.5% | ||||||||
Arista Networks, Inc.(1) | 7,628 | 2,621,286 | ||||||
Construction and Engineering — 0.5% | ||||||||
EMCOR Group, Inc. | 21,297 | 2,457,248 | ||||||
Containers and Packaging — 0.1% | ||||||||
Greif, Inc., Class A | 10,433 | 673,972 | ||||||
Electrical Equipment — 0.5% | ||||||||
Atkore, Inc.(1) | 13,527 | 1,175,767 | ||||||
Eaton Corp. plc | 8,290 | 1,237,780 | ||||||
2,413,547 | ||||||||
Electronic Equipment, Instruments and Components — 0.7% | ||||||||
Keysight Technologies, Inc.(1) | 22,093 | 3,629,659 | ||||||
Entertainment — 0.5% | ||||||||
Walt Disney Co. (The)(1) | 14,545 | 2,460,578 | ||||||
Food and Staples Retailing — 1.2% | ||||||||
Costco Wholesale Corp. | 13,013 | 5,847,391 | ||||||
Food Products — 0.6% | ||||||||
Darling Ingredients, Inc.(1) | 43,239 | 3,108,884 | ||||||
Health Care Equipment and Supplies — 4.4% | ||||||||
Align Technology, Inc.(1) | 3,800 | 2,528,634 | ||||||
Danaher Corp. | 5,550 | 1,689,642 |
DexCom, Inc.(1) | 4,652 | 2,543,993 | ||||||
Edwards Lifesciences Corp.(1) | 28,639 | 3,242,221 | ||||||
IDEXX Laboratories, Inc.(1) | 5,174 | 3,217,710 | ||||||
Intuitive Surgical, Inc.(1) | 4,158 | 4,133,676 | ||||||
Stryker Corp. | 16,379 | 4,319,470 | ||||||
21,675,346 | ||||||||
Health Care Providers and Services — 0.6% | ||||||||
Molina Healthcare, Inc.(1) | 10,735 | 2,912,513 | ||||||
Hotels, Restaurants and Leisure — 3.6% | ||||||||
Chipotle Mexican Grill, Inc.(1) | 1,431 | 2,600,871 | ||||||
Darden Restaurants, Inc. | 11,552 | 1,749,781 | ||||||
Domino's Pizza, Inc. | 7,398 | 3,528,550 | ||||||
McDonald's Corp. | 16,910 | 4,077,170 | ||||||
Starbucks Corp. | 51,770 | 5,710,749 | ||||||
17,667,121 | ||||||||
Household Durables — 0.4% | ||||||||
Sonos, Inc.(1) | 69,833 | 2,259,796 | ||||||
Interactive Media and Services — 10.4% | ||||||||
Alphabet, Inc., Class A(1) | 12,027 | 32,154,425 | ||||||
Alphabet, Inc., Class C(1) | 1,101 | 2,934,506 | ||||||
Facebook, Inc., Class A(1) | 48,339 | 16,405,773 | ||||||
51,494,704 | ||||||||
Internet and Direct Marketing Retail — 5.9% | ||||||||
Amazon.com, Inc.(1) | 8,031 | 26,382,156 | ||||||
Etsy, Inc.(1) | 14,574 | 3,030,809 | ||||||
29,412,965 | ||||||||
IT Services — 6.8% | ||||||||
Accenture plc, Class A | 20,265 | 6,483,179 | ||||||
EPAM Systems, Inc.(1) | 3,131 | 1,786,173 | ||||||
Gartner, Inc.(1) | 7,358 | 2,235,949 | ||||||
Mastercard, Inc., Class A | 28,520 | 9,915,834 | ||||||
Perficient, Inc.(1) | 26,189 | 3,030,067 | ||||||
Visa, Inc., Class A | 47,176 | 10,508,454 | ||||||
33,959,656 | ||||||||
Leisure Products — 0.5% | ||||||||
YETI Holdings, Inc.(1) | 26,921 | 2,306,860 | ||||||
Life Sciences Tools and Services — 1.5% | ||||||||
Agilent Technologies, Inc. | 10,512 | 1,655,956 | ||||||
Avantor, Inc.(1) | 95,920 | 3,923,128 | ||||||
Charles River Laboratories International, Inc.(1) | 4,096 | 1,690,296 | ||||||
7,269,380 | ||||||||
Machinery — 0.7% | ||||||||
AGCO Corp. | 9,588 | 1,174,818 | ||||||
Crane Co. | 14,224 | 1,348,577 | ||||||
Lincoln Electric Holdings, Inc. | 9,526 | 1,226,854 | ||||||
3,750,249 | ||||||||
Media — 0.4% | ||||||||
Charter Communications, Inc., Class A(1) | 2,879 | 2,094,645 | ||||||
Paper and Forest Products — 0.4% | ||||||||
Louisiana-Pacific Corp. | 33,729 | 2,069,949 | ||||||
Personal Products — 0.8% | ||||||||
Estee Lauder Cos., Inc. (The), Class A | 13,025 | 3,906,588 | ||||||
Professional Services — 0.5% | ||||||||
TransUnion | 21,770 | 2,444,989 | ||||||
Real Estate Management and Development — 0.2% | ||||||||
eXp World Holdings, Inc. | 21,283 | 846,425 | ||||||
Road and Rail — 0.9% | ||||||||
Old Dominion Freight Line, Inc. | 15,449 | 4,418,105 | ||||||
Semiconductors and Semiconductor Equipment — 9.8% | ||||||||
Advanced Micro Devices, Inc.(1) | 53,676 | 5,523,260 | ||||||
Analog Devices, Inc. | 16,679 | 2,793,399 | ||||||
Broadcom, Inc. | 7,683 | 3,725,717 | ||||||
KLA Corp. | 8,597 | 2,875,783 | ||||||
Lam Research Corp. | 4,318 | 2,457,590 | ||||||
Monolithic Power Systems, Inc. | 7,302 | 3,539,133 | ||||||
NVIDIA Corp. | 75,008 | 15,538,657 | ||||||
QUALCOMM, Inc. | 50,174 | 6,471,443 | ||||||
Semtech Corp.(1) | 23,150 | 1,805,006 | ||||||
United Microelectronics Corp., ADR | 130,505 | 1,491,672 | ||||||
Xilinx, Inc. | 15,083 | 2,277,382 | ||||||
48,499,042 | ||||||||
Software — 18.7% | ||||||||
Adobe, Inc.(1) | 14,889 | 8,571,895 | ||||||
Atlassian Corp. plc, Class A(1) | 8,688 | 3,400,657 | ||||||
Autodesk, Inc.(1) | 12,303 | 3,508,447 | ||||||
Fortinet, Inc.(1) | 12,245 | 3,576,030 | ||||||
Intuit, Inc. | 8,102 | 4,371,110 | ||||||
Microsoft Corp. | 151,963 | 42,841,409 | ||||||
Palo Alto Networks, Inc.(1) | 9,959 | 4,770,361 | ||||||
salesforce.com, Inc.(1) | 15,251 | 4,136,376 | ||||||
ServiceNow, Inc.(1) | 11,081 | 6,895,374 | ||||||
Synopsys, Inc.(1) | 9,657 | 2,891,402 | ||||||
Workday, Inc., Class A(1) | 14,725 | 3,679,630 | ||||||
Zscaler, Inc.(1) | 14,984 | 3,929,104 | ||||||
92,571,795 | ||||||||
Specialty Retail — 5.7% | ||||||||
AutoZone, Inc.(1) | 1,588 | 2,696,408 | ||||||
Dick's Sporting Goods, Inc. | 19,419 | 2,325,814 | ||||||
Home Depot, Inc. (The) | 26,027 | 8,543,623 | ||||||
Penske Automotive Group, Inc. | 19,074 | 1,918,844 | ||||||
Ross Stores, Inc. | 20,342 | 2,214,227 | ||||||
TJX Cos., Inc. (The) | 71,780 | 4,736,044 | ||||||
Ulta Beauty, Inc.(1) | 8,464 | 3,054,827 | ||||||
Williams-Sonoma, Inc. | 15,011 | 2,661,901 | ||||||
28,151,688 | ||||||||
Technology Hardware, Storage and Peripherals — 9.7% | ||||||||
Apple, Inc. | 304,444 | 43,078,826 | ||||||
Dell Technologies, Inc., Class C(1) | 21,452 | 2,231,866 | ||||||
Pure Storage, Inc., Class A(1) | 107,442 | 2,703,241 | ||||||
48,013,933 | ||||||||
Textiles, Apparel and Luxury Goods — 2.1% | ||||||||
Crocs, Inc.(1) | 9,166 | 1,315,138 | ||||||
lululemon athletica, Inc.(1) | 5,645 | 2,284,531 | ||||||
NIKE, Inc., Class B | 45,836 | 6,656,762 | ||||||
10,256,431 | ||||||||
Trading Companies and Distributors — 0.5% | ||||||||
United Rentals, Inc.(1) | 7,672 | 2,692,335 | ||||||
TOTAL COMMON STOCKS (Cost $313,627,925) | 490,434,965 | |||||||
TEMPORARY CASH INVESTMENTS — 0.8% | ||||||||
Repurchase Agreement, BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 0.125%, 5/15/23, valued at $699,727), in a joint trading account at 0.02%, dated 9/30/21, due 10/1/21 (Delivery value $685,788) | 685,788 | |||||||
Repurchase Agreement, Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 3.375%, 11/15/48, valued at $2,330,728), at 0.01%, dated 9/30/21, due 10/1/21 (Delivery value $2,285,001) | 2,285,000 | |||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 797,654 | 797,654 | ||||||
TOTAL TEMPORARY CASH INVESTMENTS (Cost $3,768,442) | 3,768,442 | |||||||
TOTAL INVESTMENT SECURITIES — 99.6% (Cost $317,396,367) | 494,203,407 | |||||||
OTHER ASSETS AND LIABILITIES — 0.4% | 1,952,813 | |||||||
TOTAL NET ASSETS — 100.0% | $ | 496,156,220 |
NOTES TO SCHEDULE OF INVESTMENTS | ||||||||
ADR | - | American Depositary Receipt |
Level 1 ($) | Level 2 ($) | Level 3 ($) | |||||||||
Assets | |||||||||||
Investment Securities | |||||||||||
Common Stocks | 490,434,965 | — | — | ||||||||
Temporary Cash Investments | 797,654 | 2,970,788 | — | ||||||||
491,232,619 | 2,970,788 | — |