NPORT-EX 2 LSV_Global_Mngd_Volati.htm SCHEDULE F HTML

Schedule of Investments

January 31, 2023 (Unaudited)

 

                                       

LSV Global Managed Volatility Fund

  
        Shares           Value (000)    

U.S. Common Stock (54.0%)

 

Aerospace & Defense (0.7%)

 

Lockheed Martin

     500     $ 232  
   

 

 

  

Agricultural Operations (0.5%)

 

Archer-Daniels-Midland

     2,000       166  
   

 

 

  

Asset Management & Custody Banks (1.8%)

 

Bank of New York Mellon

     2,100       106  

FS KKR Capital

     5,900       116  

New Mountain Finance

     11,200       145  

Oaktree Specialty Lending

     9,633       193  
   

 

 

  
      560  
   

 

 

  

Automotive (0.1%)

 

Ford Motor

     2,700       36  
   

 

 

  

Automotive Retail (1.1%)

 

Advance Auto Parts

     900       137  

AutoZone*

     30       73  

Murphy USA

     500       136  
   

 

 

  
      346  
   

 

 

  

Banks (1.1%)

 

OceanFirst Financial

     8,419       202  

Washington Federal

     3,900       138  
   

 

 

  
      340  
   

 

 

  

Biotechnology (3.5%)

 

Amgen

     1,600       404  

Gilead Sciences

     6,600       554  

Incyte*

     1,800       153  
   

 

 

  
      1,111  
   

 

 

  

Broadcasting (0.4%)

 

Fox

     3,700       126  
   

 

 

  

Commercial Services (1.5%)

 

  

CSG Systems International

     3,300       197  

Western Union

     19,300       273  
   

 

 

  
      470  
   

 

 

  

Computers & Services (2.0%)

 

  

eBay

     2,100       104  

HP

     5,100       149  

Oracle

     4,300       380  
   

 

 

  
      633  
   

 

 

  

Electric Utilities (0.6%)

    

Evergy

     3,000       188  
   

 

 

  

Electrical Services (0.9%)

 

  

Entergy

     1,600       174  

Otter Tail

     1,800       115  
   

 

 

  
      289  
   

 

 

  
                                       

LSV Global Managed Volatility Fund

  
        Shares           Value (000)    

Electronic Equipment & Instruments (0.5%)

 

  

OSI Systems*

     1,700     $ 161  
   

 

 

  

Food Retail (0.5%)

    

Sprouts Farmers Market*

     5,400       173  
   

 

 

  

Food, Beverage & Tobacco (3.9%)

 

  

Altria Group

     2,100       95  

General Mills

     2,100       165  

JM Smucker

     1,600       244  

Kellogg

     3,600       247  

Molson Coors Beverage, Cl B

     7,200       378  

Tyson Foods, Cl A

     1,700       112  
   

 

 

  
      1,241  
   

 

 

  

Gas/Natural Gas (0.8%)

    

National Fuel Gas

     1,700       99  

UGI

     3,900       155  
   

 

 

  
      254  
   

 

 

  

Health Care Distributors (1.8%)

 

  

Cardinal Health

     2,400       185  

McKesson

     1,000       379  
   

 

 

  
      564  
   

 

 

  

Health Care Services (1.7%)

    

CVS Health

     3,900       344  

Quest Diagnostics

     1,300       193  
   

 

 

  
      537  
   

 

 

  

Homebuilding (0.2%)

    

DR Horton

     800       79  
   

 

 

  

Household Products, Furniture & Fixtures (0.4%)

 

Whirlpool

     900       140  
   

 

 

  

Industrial Machinery (0.5%)

    

Snap-on

     600       149  
   

 

 

  

Insurance (1.6%)

    

Allstate

     900       116  

Berkshire Hathaway, Cl B*

     400       125  

Hartford Financial Services Group

     3,300       255  
   

 

 

  
      496  
   

 

 

  

IT Consulting & Other Services (3.3%)

 

  

Amdocs

     6,000       552  

International Business Machines

     2,700       364  

Science Applications International

     1,400       145  
   

 

 

  
      1,061  
   

 

 

  
 

 

1

Schedule of Investments

January 31, 2023 (Unaudited)

 

                                       

LSV Global Managed Volatility Fund

  
        Shares           Value (000)    

Machinery (1.1%)

    

Allison Transmission

    

Holdings

     2,500     $ 113  

Cummins

     900       224  
   

 

 

  
      337  
   

 

 

  

Media & Entertainment (0.6%)

 

Comcast, Cl A

     4,800       189  
   

 

 

  

Metal & Glass Containers (0.3%)

 

Berry Global Group

     1,300       80  
   

 

 

  

Oil & Gas Exploration & Production (0.4%)

 

Chesapeake Energy

     1,300       113  
   

 

 

  

Packaged Foods & Meats (0.4%)

 

Kraft Heinz

     3,300       134  
   

 

 

  

Paper Packaging (1.7%)

    

International Paper

     3,600       151  

Packaging of America

     900       128  

Sealed Air

     2,000       110  

Sonoco Products

     2,600       158  
   

 

 

  
      547  
   

 

 

  

Petroleum & Fuel Products (2.3%)

 

  

Chevron

     900       157  

ExxonMobil

     5,000       580  
   

 

 

  
      737  
   

 

 

  

Pharmaceuticals (6.0%)

    

Bristol-Myers Squibb

     8,800       640  

Jazz Pharmaceuticals*

     900       141  

Johnson & Johnson

     700       114  

Merck

     5,600       601  

Organon

     430       13  

Pfizer

     7,300       322  

Prestige Consumer Healthcare*

     1,700       112  
   

 

 

  
      1,943  
   

 

 

  

Regional Banks (0.4%)

    

Brookline Bancorp

     10,500       137  
   

 

 

  

Retail (1.8%)

    

Kroger

     8,500       380  

Lowe’s

     1,000       208  
   

 

 

  
      588  
   

 

 

  

Semi-Conductors/Instruments (1.0%)

 

  

Intel

     11,600       328  
   

 

 

  

Specialized Consumer Services (0.4%)

 

  

H&R Block

     3,300       129  
   

 

 

  
                                       

LSV Global Managed Volatility Fund

  
        Shares           Value (000)    

Steel & Steel Works (0.4%)

    

Reliance Steel & Aluminum

     600     $ 136  
   

 

 

  

Technology Distributors (0.5%)

    

Arrow Electronics*

     1,400       164  
   

 

 

  

Technology Hardware, Storage & Peripherals (0.4%)

 

Dell Technologies, Cl C

     3,000       122  
   

 

 

  

Telephones & Telecommunications (4.9%)

 

  

AT&T

     31,100       633  

Cisco Systems

     11,500       560  

Verizon Communications

     9,000       374  
   

 

 

  
      1,567  
   

 

 

  

Thrifts & Mortgage Finance (0.4%)

 

  

Kearny Financial

     12,100       113  
   

 

 

  

Trading Companies & Distributors (0.5%)

 

  

MSC Industrial Direct, Cl A

     1,900       157  
   

 

 

  

Trucking (1.1%)

    

Schneider National, Cl B

     6,000       159  

Werner Enterprises

     4,100       193  
   

 

 

  
      352  
   

 

 

  

TOTAL U.S. COMMON STOCK
(Cost $16,204)

       17,225  
   

 

 

  

Foreign Common Stock (42.6%)

 

  

Australia (0.7%)

    

Aurizon Holdings

     55,400       145  

Orora

     44,100       93  
   

 

 

  
      238  
   

 

 

  

Austria (0.4%)

    

UNIQA Insurance Group

     16,900       142  
   

 

 

  

Belgium (0.5%)

    

Ageas

     1,500       73  

Etablissements Franz Colruyt

     3,400       90  
   

 

 

  
      163  
   

 

 

  

Brazil (0.7%)

    

EDP - Energias do Brasil

     35,000       141  

Telefonica Brasil

     9,700       80  
   

 

 

  
      221  
   

 

 

  

Canada (3.2%)

    

Alimentation Couche-Tard

     1,300       59  
 

 

2

Schedule of Investments

January 31, 2023 (Unaudited)

 

                                       

LSV Global Managed Volatility Fund

  
        Shares           Value (000)    

Canada (continued)

    

Bank of Montreal

     800     $ 81  

Bank of Nova Scotia

     2,400       130  

Canadian Imperial Bank of Commerce

     1,200       55  

Canadian Tire, Cl A

     1,300       155  

Loblaw

     3,400       304  

Quebecor, Cl B

     2,000       47  

Stella-Jones

     4,900       178  
   

 

 

  
      1,009  
   

 

 

  

China (0.3%)

    

Shenzhen Expressway, Cl H

     110,000       101  
   

 

 

  

Denmark (0.4%)

    

Scandinavian Tobacco Group

     8,100       141  
   

 

 

  

Finland (0.7%)

    

Metsa Board, Cl B

     16,200       144  

TietoEVRY

     2,354       72  
   

 

 

  
      216  
   

 

 

  

France (4.3%)

    

Carrefour

     13,400       255  

Cie Generale des Etablissements Michelin SCA

     2,400       76  

Orange

     28,600       303  

Sanofi

     2,400       235  

Societe BIC

     2,400       174  

TotalEnergies

     2,800       173  

Verallia

     4,300       159  
   

 

 

  
      1,375  
   

 

 

  

Germany (1.3%)

    

Deutsche Post

     1,800       78  

Deutsche Telekom

     12,600       280  

Hornbach Holding & KGaA

     700       62  
   

 

 

  
      420  
   

 

 

  

Hong Kong (1.9%)

    

Bank of China, Cl H

     626,000       239  

Bank of Communications, Cl H

     148,000       91  

China Shenhua Energy, Cl H

     50,000       156  

Dah Sing Banking Group

     20,000       16  
                                       

LSV Global Managed Volatility Fund

  
        Shares           Value (000)    

Hong Kong (continued)

    

People’s Insurance Group of China, Cl H

     274,000     $ 92  
   

 

 

  
      594  
   

 

 

  

Hungary (0.2%)

    

Magyar Telekom Telecommunications

     48,800       52  
   

 

 

  

Italy (0.7%)

    

Eni

     15,500       239  
   

 

 

  

Japan (8.4%)

    

AEON REIT Investment

     100       111  

Aozora Bank

     5,700       114  

Brother Industries

     9,700       151  

Canon

     6,100       135  

EDION

     15,300       151  

Fukuoka REIT

     100       129  

Honda Motor

     6,400       158  

ITOCHU

     2,600       84  

Japan Post Holdings

     26,500       233  

Japan Post Insurance

     8,900       159  

Japan Tobacco

     12,900       262  

Mitsubishi Shokuhin

     4,500       108  

Mitsui

     7,000       207  

Mizuho Financial Group

     12,150       190  

Nippon Electric Glass

     9,100       169  

Nippon Telegraph & Telephone

     3,700       111  

Teijin

     7,200       74  

Yamaguchi Financial Group

     13,300       92  
   

 

 

  
      2,638  
   

 

 

  

Malaysia (0.7%)

    

AMMB Holdings

     72,600       70  

RHB Bank

     113,500       153  
   

 

 

  
      223  
   

 

 

  

Netherlands (1.4%)

    

Koninklijke Ahold Delhaize

     13,000       388  

Signify

     1,900       69  
   

 

 

  
      457  
   

 

 

  

Norway (0.4%)

    

Orkla

     18,000       134  
   

 

 

  
 

 

3

Schedule of Investments

January 31, 2023 (Unaudited)

 

                                       

LSV Global Managed Volatility Fund

  
        Shares           Value (000)    

Portugal (0.2%)

    

REN - Redes Energeticas Nacionais SGPS

     22,200     $ 61  
   

 

 

  

Russia (–%)

    

LUKOIL PJSC(A)

     1,300       —  
   

 

 

  

Singapore (1.2%)

    

DBS Group Holdings

     5,000       137  

Jardine Cycle & Carriage

     8,600       190  

United Overseas Bank

     2,800       64  
   

 

 

  
      391  
   

 

 

  

South Korea (2.8%)

    

Industrial Bank of Korea*

     19,200       160  

Kia

     1,900       104  

KT

     7,900       225  

KT&G

     3,500       262  

Samsung Card

     2,100       52  

SK Telecom

     2,733       104  
   

 

 

  
      907  
   

 

 

  

Spain (1.5%)

    

Cia de Distribucion Integral Logista Holdings

     8,200       222  

Endesa

     3,300       66  

Repsol

     11,900       195  
   

 

 

  
      483  
   

 

 

  

Sweden (0.9%)

    

Securitas, Cl B

     15,557       142  

Swedbank

     8,100       156  
   

 

 

  
      298  
   

 

 

  

Switzerland (2.7%)

    

Novartis

     5,500       497  

Roche Holding AG

     500       156  

Swisscom

     100       59  

Valiant Holding

     1,300       149  
   

 

 

  
      861  
   

 

 

  

Taiwan (1.8%)

    

Cathay Financial Holding

     68,000       97  

Chicony Electronics

     57,000       164  

Greatek Electronics

     37,000       63  

Powertech Technology

     51,000       143  

SinoPac Financial Holdings

     167,260       97  
   

 

 

  
      564  
   

 

 

  
                                       

LSV Global Managed Volatility Fund

  
        Shares           Value (000)    

Thailand (0.7%)

    

Kiatnakin Phatra Bank

     27,300     $ 57  

Krung Thai Bank

     331,000       176  
   

 

 

  
      233  
   

 

 

  

United Kingdom (4.6%)

    

BAE Systems

     15,400       163  

British American Tobacco

     4,000       153  

BT Group, Cl A

     43,000       66  

GSK

     10,400       183  

Imperial Brands

     6,400       161  

Shell

     12,700       373  

Tesco

     59,300       180  

Unilever

     3,400       173  
   

 

 

  
      1,452  
   

 

 

  

TOTAL FOREIGN COMMON STOCK
(Cost $13,350)

 

     13,613  
   

 

 

  
    Face
    Amount    
(000)		        

Repurchase Agreement (2.3%)

 

  

South Street Securities 3.990%, dated 01/31/2023, to be repurchased on 02/01/2023, repurchase price $732 (collateralized by various U.S. Treasury obligations, ranging in par value $0 - $514, 0.000% - 4.125%, 04/30/2023 - 05/15/2041; total market value $746)

   $ 732       732  
   

 

 

  

TOTAL REPURCHASE AGREEMENT
(Cost $732)

 

     732  
   

 

 

  

Total Investments – 98.9%
(Cost $30,286)

 

   $ 31,570  
   

 

 

  

Percentages are based on Net Assets of $31,907 (000).

 

*

Non-income producing security.

(A)Level 3 security in accordance with fair value hierarchy.

Cl — Class

PJSC — Public Joint Stock Company

REIT — Real Estate Investment Trust

LSV-QH-005-1800

 

 

4