NPORT-P
    false
    
      
      
        
          0001260667
          XXXXXXXX
        
      
      
      
      
        S000039307
        C000121113
        C000144725
      
      
      
    
  
  
    
      ANCORA TRUST
      811-21418
      0001260667
      549300QN8N2QFNY1O803
      6060 Parkland Boulevard
      Suite 200
      Cleveland
      
      44124
      216-348-5401
      Ancora/Thelen Small-Mid Cap Fund
      S000039307
      549300NC6ODFXR9U1285
      2021-12-31
      2021-09-30
      N
    
    
      174445212.93
      650435.59
      173794777.34
      0.00
      0.00
      0.00
      0.00
      0.00
      0.00
      0.00
      0.00
      0.00
      0.00
      0.00
      0.00
      0.00
      7519.97
      N
      
        
          
          
        
        
        
        
      
      
      
      
      
    
    
      
        APi Group Corp.
        N/A
        APi Group Corp.
        00187Y100
        
          
        
        228830.00
        NS
        USD
        4656690.50
        2.68
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alico, Inc.
        N/A
        Alico, Inc.
        016230104
        
          
        
        28105.00
        NS
        USD
        962315.20
        0.55
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alight, Inc.
        N/A
        Alight, Inc. Class A
        01626W101
        
          
        
        394950.00
        NS
        USD
        4534026.00
        2.61
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alliance Data Systems Corp.
        549300G8S4PO686J7H97
        Alliance Data Systems Corp.
        018581108
        
          
        
        11570.00
        NS
        USD
        1167297.30
        0.67
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ally Financial, Inc.
        549300JBN1OSM8YNAI90
        Ally Financial, Inc.
        02005N100
        
          
        
        34134.00
        NS
        USD
        1742540.70
        1.00
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alpine Income Property Trust, Inc.
        N/A
        Alpine Income Property Trust, Inc.
        02083X103
        
          
        
        109019.00
        NS
        USD
        2002679.03
        1.15
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Arconic, Inc.
        549300HO5WFZUT5N2T22
        Arconic, Inc.
        03966V107
        
          
        
        80651.00
        NS
        USD
        2543732.54
        1.46
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Arcosa, Inc.
        549300WFHLTCZV7D6V29
        Arcosa, Inc.
        039653100
        
          
        
        28066.00
        NS
        USD
        1408071.22
        0.81
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Atlas Technical Consultants, Inc.
        N/A
        Atlas Technical Consultants, Inc. Class A
        049430101
        
          
        
        124930.00
        NS
        USD
        1270538.10
        0.73
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        B. Riley Financial, Inc.
        N/A
        B. Riley Financial, Inc.
        05580M108
        
          
        
        32570.00
        NS
        USD
        1922932.80
        1.11
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Black Hills Corp.
        3MGELCRSTNSAMJ962671
        Black Hills Corp.
        092113109
        
          
        
        45190.00
        NS
        USD
        2836124.40
        1.63
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CTO Realty Growth, Inc.
        N/A
        CTO Realty Growth, Inc.
        22948Q101
        
          
        
        26020.00
        NS
        USD
        1398835.20
        0.80
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ChampionX Corp.
        549300EP2909K6DYYP38
        ChampionX Holding, Inc.
        15872M104
        
          
        
        111190.00
        NS
        USD
        2486208.40
        1.43
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Charles River Laboratories International, Inc.
        549300BSQ0R4UZ5KX287
        Charles River Laboratories International, Inc.
        159864107
        
          
        
        4740.00
        NS
        USD
        1956055.80
        1.13
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Churchill Downs, Inc.
        529900FODTBQC8MIS994
        Churchill Downs, Inc.
        171484108
        
          
        
        9160.00
        NS
        USD
        2199132.80
        1.27
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Columbia Financial, Inc.
        254900B9UDXFOJAZKN61
        Columbia Financial, Inc.
        197641103
        
          
        
        218223.00
        NS
        USD
        4037125.50
        2.32
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CommScope Holding Company, Inc.
        254900AW4CEPCQWSRI58
        CommScope Holding Company, Inc.
        20337X109
        
          
        
        187180.00
        NS
        USD
        2543776.20
        1.46
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Concentrix Corp.
        N/A
        Concentrix Corp.
        20602D101
        
          
        
        24396.00
        NS
        USD
        4318092.00
        2.48
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Consol Energy, Inc.
        549300JK3KH8PWM3B226
        Consol Energy, Inc.
        12653C108
        
          
        
        55170.00
        NS
        USD
        696245.40
        0.40
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Corvel Corp.
        N/A
        Corvel Corp.
        221006109
        
          
        
        5085.00
        NS
        USD
        946928.70
        0.54
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DT Midstream, Inc.
        N/A
        DT Midstream, Inc.
        23345M107
        
          
        
        70457.00
        NS
        USD
        3257931.68
        1.87
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Designer Brands, Inc.
        549300X8J6FI8PPRK859
        Designer Brands, Inc.
        250565108
        
          
        
        96530.00
        NS
        USD
        1344662.90
        0.77
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dine Brands Global, Inc.
        529900HKM8OWSHLKJY75
        Dine Brands Global, Inc.
        254423106
        
          
        
        12876.00
        NS
        USD
        1045659.96
        0.60
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Edgewell Personal Care Co.
        549300CY8QZDL4Z3RU59
        Edgewell Personal Care Co.
        28035Q102
        
          
        
        77080.00
        NS
        USD
        2798004.00
        1.61
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Express, Inc.
        N/A
        Express, Inc.
        30219E103
        
          
        
        65300.00
        NS
        USD
        308216.00
        0.18
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Federal Agricultural Mortgage Corp.
        549300MS654K78GYF580
        Federal Agricultural Mortgage Corp.
        313148306
        
          
        
        12544.00
        NS
        USD
        1361274.88
        0.78
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First American Funds, Inc.
        549300J5J5SJCZ9IA369
        First American Funds Institutional Government Fund Class Y
        31846V203
        
          
        
        2629807.63
        NS
        USD
        2629807.63
        1.51
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fortitude Gold Corp.
        N/A
        Fortitude Gold Corp.
        34962K100
        
          
        
        126672.00
        NS
        USD
        856302.72
        0.49
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Frontdoor, Inc.
        5493008RB0JZJI3QGZ06
        Frontdoor, Inc.
        35905A109
        
          
        
        44040.00
        NS
        USD
        1845276.00
        1.06
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Frontier Communications Parent, Inc.
        N/A
        Frontier Communications Parent, Inc.
        35909D109
        
          
        
        50616.00
        NS
        USD
        1410667.92
        0.81
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GXO Logistics, Inc.
        5493007CNWMXN78JRN66
        GXO Logistics, Inc. Common Stock
        36262G101
        
          
        
        27610.00
        NS
        USD
        2165728.40
        1.25
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Gaia, Inc.
        529900QUX8SBA2D93M92
        Gaia, Inc.
        36269P104
        
          
        
        36024.00
        NS
        USD
        341507.52
        0.20
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Gaming and Leisure Properties, Inc.
        5493006GWRDBCZYWTM57
        Gaming and Leisure Properties, Inc.
        36467J108
        
          
        
        39306.00
        NS
        USD
        1820653.92
        1.05
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Golden Entertainment, Inc.
        N/A
        Golden Entertainment, Inc.
        381013101
        
          
        
        20490.00
        NS
        USD
        1005854.10
        0.58
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Henry Schein, Inc.
        VGO3WGL8H45T73F4RR92
        Henry Schein, Inc.
        806407102
        
          
        
        45729.00
        NS
        USD
        3482720.64
        2.00
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Horizon Global Corp.
        549300D1ZZV3IWN54G85
        Horizon Global Corp.
        44052W104
        
          
        
        152075.00
        NS
        USD
        1069087.25
        0.62
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Houlihan Lokey, Inc.
        549300S3CNGTQ1QZVY46
        Houlihan Lokey, Inc. Class A
        441593100
        
          
        
        17519.00
        NS
        USD
        1613499.90
        0.93
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IAA, Inc.
        549300PZCOPC5178W747
        IAA, Inc.
        449253103
        
          
        
        36320.00
        NS
        USD
        1981982.40
        1.14
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IAC/InterActive Corp.
        15OMOPB0A8K0EFUVD031
        IAC/InterActive Corp.
        44891N208
        
          
        
        16460.00
        NS
        USD
        2144573.40
        1.23
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Information Services Group, Inc.
        549300ZUNI6DQ0G8Q273
        Information Services Group, Inc.
        45675Y104
        
          
        
        371390.00
        NS
        USD
        2666580.20
        1.53
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Iridium Communications, Inc.
        549300U620NVQ4J1CT96
        Iridium Communications, Inc.
        46269C102
        
          
        
        26640.00
        NS
        USD
        1061604.00
        0.61
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        J2 Global, Inc.
        N/A
        J2 Global, Inc.
        48123V102
        
          
        
        10050.00
        NS
        USD
        1373031.00
        0.79
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Jackson Financial, Inc.
        N/A
        Jackson Financial, Inc.
        46817M107
        
          
        
        145320.00
        NS
        USD
        3778320.00
        2.17
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kar Auction Services, Inc.
        5493004HKD20LBSG7D03
        KAR Auction Services, Inc.
        48238T109
        
          
        
        62100.00
        NS
        USD
        1017819.00
        0.59
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kontoor Brands, Inc.
        549300M0CPXV65RFF271
        Kontoor Brands, Inc.
        50050N103
        
          
        
        28000.00
        NS
        USD
        1398600.00
        0.80
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LB Foster Co.
        549300AUUJGJ2T2L2179
        LB Foster Co.
        350060109
        
          
        
        109797.00
        NS
        USD
        1700755.53
        0.98
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Liberty Media Corp.
        549300ZKUTPIBZLWLL89
        Liberty Braves Series C
        531229888
        
          
        
        88949.00
        NS
        USD
        2350032.58
        1.35
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Liberty Media Corp.
        549300ZKUTPIBZLWLL89
        Liberty SiriusXM Series C
        531229607
        
          
        
        78227.00
        NS
        USD
        3713435.69
        2.14
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Montana-Dakota Utilities Co.
        0T6SBMK3JTBI1JR36794
        MDU Resources Group, Inc.
        552690109
        
          
        
        131640.00
        NS
        USD
        3905758.80
        2.25
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Madison Square Garden Entertainment Corp.
        N/A
        Madison Square Garden Entertainment Corp.
        55826T102
        
          
        
        32050.00
        NS
        USD
        2329073.50
        1.34
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Masco Corp.
        5GCSNMQXHEYA1JO8QN11
        Masco Corp.
        574599106
        
          
        
        11257.00
        NS
        USD
        625326.35
        0.36
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Meredith Corp.
        549300YC8BC386CCTS24
        Meredith Corp.
        589433101
        
          
        
        32108.00
        NS
        USD
        1788415.60
        1.03
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ModivCare, Inc.
        549300EFZIFW7F7I0Q28
        ModivCare, Inc.
        60783X104
        
          
        
        5051.00
        NS
        USD
        917362.62
        0.53
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        National Fuel Gas Co.
        8JB38FFW1Y3C1HM8E841
        National Fuel Gas Co.
        636180101
        
          
        
        19730.00
        NS
        USD
        1036219.60
        0.60
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Nomad Foods Ltd.
        5493000ZZ1837DS2SI43
        Nomad Foods Ltd.
        G6564A105
        
          
        
        39050.00
        NS
        USD
        1076218.00
        0.62
        Long
        EC
        CORP
        VI
        N
        
        1
        
          N
          N
          N
        
      
      
        Organon & Co.
        549300AMCKY57OK2CO56
        Organon & Co.
        68622V106
        
          
        
        79700.00
        NS
        USD
        2613363.00
        1.50
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Osisko Gold Royalties Ltd.
        549300TJZTXZMPQ6K004
        Osisko Gold Royalties Ltd.
        68827L101
        
          
        
        202590.00
        NS
        USD
        2275085.70
        1.31
        Long
        EC
        CORP
        CA
        N
        
        1
        
          N
          N
          N
        
      
      
        PROG Holdings, Inc.
        549300DHYTLBOVRXIG52
        PROG Holdings, Inc.
        74319R101
        
          
        
        74972.00
        NS
        USD
        3149573.72
        1.81
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fintech Acquisition Corp
        N/A
        Perella Weinberg Partners
        71367G102
        
          
        
        134562.00
        NS
        USD
        1782946.50
        1.03
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Element Solutions, Inc.
        549300FLGN6P5CU20J91
        Element Solutions, Inc.
        28618M106
        
          
        
        124389.00
        NS
        USD
        2696753.52
        1.55
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Post Holdings, Inc.
        JM1I5YUAURL6DC8N1468
        Post Holdings, Inc.
        737446104
        
          
        
        10610.00
        NS
        USD
        1168797.60
        0.67
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Postal Realty Trust, Inc.
        5493007B7ZZSIJRGWC41
        Postal Realty Trust, Inc. Class A
        73757R102
        
          
        
        51030.00
        NS
        USD
        951199.20
        0.55
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PotlatchDeltic Corp.
        54930084YA8UJOTXDM59
        PotlatchDeltic Corp.
        737630103
        
          
        
        25379.00
        NS
        USD
        1309048.82
        0.75
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Qurate Retail, Inc.
        549300PSXEKU4PHLCR04
        Qurate Retail, Inc.
        74915M100
        
          
        
        67528.00
        NS
        USD
        688110.32
        0.40
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Raymond James Financial, Inc.
        RGUZHJ05YTITL6D76949
        Raymond James Financial, Inc.
        754730109
        
          
        
        43920.00
        NS
        USD
        4052937.60
        2.33
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Red Violet, Inc.
        549300T4EGADG881UU63
        Red Violet, Inc.
        75704L104
        
          
        
        9280.00
        NS
        USD
        239516.80
        0.14
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Spectrum Brands Holdings, Inc.
        549300JM0MJETDD30O20
        Spectrum Brands Holdings, Inc.
        84790A105
        
          
        
        22930.00
        NS
        USD
        2193713.10
        1.26
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Summit Materials, Inc.
        N/A
        Summit Materials, Inc.
        86614U100
        
          
        
        29450.00
        NS
        USD
        941516.50
        0.54
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Terminix Global Holdings, Inc.
        549300GS10644JGL8R77
        Terminix Global Holdings, Inc.
        88087E100
        
          
        
        39693.00
        NS
        USD
        1654007.31
        0.95
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        The Aarons Company, Inc.
        N/A
        The Aarons Company, Inc.
        00258W108
        
          
        
        93632.00
        NS
        USD
        2578625.28
        1.48
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        The Pennant Group, Inc.
        5493007H2OYR6BYLDA64
        The Pennant Group, Inc.
        70805E109
        
          
        
        21022.00
        NS
        USD
        590507.98
        0.34
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        The Wendy's Co.
        529900M0JIUCMWVKHG76
        The Wendy's Co.
        95058W100
        
          
        
        77970.00
        NS
        USD
        1690389.60
        0.97
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Thryv Holdings, Inc.
        N/A
        Thryv Holdings, Inc.
        886029206
        
          
        
        65656.00
        NS
        USD
        1972306.24
        1.13
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Transcat, Inc.
        54930081E40TSSHUOS40
        Transcat, Inc.
        893529107
        
          
        
        14037.00
        NS
        USD
        905105.76
        0.52
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Travel + Leisure Co.
        T4VNTWMFQ7JQB65L7T35
        Travel N Leisure
        894164102
        
          
        
        39100.00
        NS
        USD
        2132123.00
        1.23
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UGI Corp.
        DX6GCWD4Q1JO9CRE5I40
        UGI Corp.
        902681105
        
          
        
        97971.00
        NS
        USD
        4175524.02
        2.40
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Unisys Corp.
        549300T21W22FIJJOW08
        Unisys Corp.
        909214306
        
          
        
        70980.00
        NS
        USD
        1784437.20
        1.03
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Unit Corp.
        549300XGK22FZCTN8B67
        Unit Corp.
        909218406
        
          
        
        27230.00
        NS
        USD
        830515.00
        0.48
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Utah Medical Products, Inc.
        5493002R27BBGV8DID60
        Utah Medical Products, Inc.
        917488108
        
          
        
        12024.00
        NS
        USD
        1116308.16
        0.64
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Valvoline, Inc.
        549300CMHPBEY6VPOT75
        Valvoline, Inc.
        92047W101
        
          
        
        68910.00
        NS
        USD
        2148613.80
        1.24
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vistra Energy Corp.
        549300KP43CPCUJOOG15
        Vistra Energy Corp.
        92840M102
        
          
        
        74080.00
        NS
        USD
        1266768.00
        0.73
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vontier Corp.
        N/A
        Vontier Corp.
        928881101
        
          
        
        129300.00
        NS
        USD
        4344480.00
        2.50
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Voya Financial, Inc.
        549300T065Z4KJ686G75
        Voya Financial, Inc.
        929089100
        
          
        
        33424.00
        NS
        USD
        2051899.36
        1.18
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Westwood Holdings Group, Inc.
        N/A
        Westwood Holdings Group, Inc.
        961765104
        
          
        
        69476.00
        NS
        USD
        1320044.00
        0.76
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Weyco Group, Inc.
        549300I10J38MHJELM87
        Weyco Group, Inc.
        962149100
        
          
        
        42080.00
        NS
        USD
        953532.80
        0.55
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Whole Earth Brands, Inc.
        N/A
        Whole Earth Brands, Inc.
        96684W100
        
          
        
        47410.00
        NS
        USD
        547585.50
        0.32
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wolverine World Wide, Inc.
        549300OVC7PK14LQ8D87
        Wolverine World Wide, Inc.
        978097103
        
          
        
        138295.00
        NS
        USD
        4126722.80
        2.37
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wyndham Hotels & Resorts, Inc.
        549300FE3MQ4RVXXC673
        Wyndham Hotels & Resorts, Inc.
        98311A105
        
          
        
        24335.00
        NS
        USD
        1878418.65
        1.08
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        XPO Logistics, Inc.
        54930096DB9LCLPN7H13
        XPO Logistics, Inc.
        983793100
        
          
        
        28590.00
        NS
        USD
        2275192.20
        1.31
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      2021-09-30
      Ancora Trust
      /s/ Bradley Zucker
      Bradley Zucker
      President, Treasurer and Secretary
    
  
  XXXX
NPORT-EX




Ancora Trust

 

 

 

 

Ancora/Thelen Small-Mid Cap Fund

 

 

 

 

Schedule of Investments

 

September 30, 2021

 

 

 

 

 

 

 

 

 

 Shares

 Value

  Ticker

 Total Cost

Common Stocks - 98.26%

 

 

 

 

 

 

 

 

 

Aerospace & Defense - 1.46%

 

 

 

 

Arconic, Inc. (a)

       80,651

              2,543,733

 ARNC

 $         1,696,717

 

 

              2,543,733

 

 $         1,696,717

 

 

 

 

 

Air Freight and Logistics - 1.25%

 

 

 

 

GXO Logistics, Inc. Common Stoc

       27,610

              2,165,728

 GXO

 $         1,677,215

 

 

              2,165,728

 

 $         1,677,215

 

 

 

 

 

Auto Components - 0.62%

 

 

 

 

Horizon Global Corporation

      152,075

              1,069,087

 HZN

 $         1,197,498

 

 

              1,069,087

 

 $         1,197,498

 

 

 

 

 

Building Products - 0.36%

 

 

 

 

Masco Corp.

       11,257

                 625,326

 MAS

 $            614,416

 

 

                 625,326

 

 $            614,416

 

 

 

 

 

Capital Markets - 6.16%

 

 

 

 

B. Riley Financial, Inc.

       32,570

              1,922,933

 RILY

 $         1,776,992

Houlihan Lokey, Inc. Class A

       17,519

              1,613,500

 HLI

 $         1,079,298

Perella Weinberg Partners

      134,562

              1,782,947

 PWP

 $         1,732,821

Raymond James Financial, Inc.

       43,920

              4,052,938

 RJF

 $         2,419,587

Westwood Holdings Group, Inc.

       69,476

              1,320,044

 WHG

 $         1,496,172

 

 

             10,692,361

 

 $         8,504,870

 

 

 

 

 

Chemicals - 2.79%

 

 

 

 

Platform Specialty Products Corp.

      124,389

              2,696,754

 ESI

 $         1,343,591

Valvoline, Inc.

       68,910

              2,148,614

 VVV

 $         1,131,133

 

 

              4,845,367

 

 $         2,474,724

 

 

 

 

 

Commercial Services & Supplies - 2.86%

 

 

 

 

IAA, Inc. (a)

       36,320

              1,981,982

 IAA

 $         1,421,770

KAR Auction Services, Inc.

       62,100

              1,017,819

 KAR

 $         1,093,417

Thryv Holdings, Inc.

       65,656

              1,972,306

 THRY

 $         1,752,250

 

 

              4,972,108

 

 $         4,267,436

 

 

 

 

 

Communication Equipment - 3.51%

 

 

 

 

CommScope Holding Company, Inc.

      187,180

              2,543,776

 COMM

 $         2,832,813

Frontier Communications Parent, Inc.

       50,616

              1,410,668

 FYBR

 $         1,265,708

IAC/InterActive Corp. (a)

       16,460

              2,144,573

 IAC

 $         2,179,616

 

 

              6,099,018

 

 $         6,278,136

 

 

 

 

 

Construction & Engineering- 4.22%

 

 

 

 

APi Group Corp. (a) (c)

      228,830

              4,656,691

 APG

 $         3,276,788

Arcosa, Inc.

       28,066

              1,408,071

 ACA

 $         1,192,537

Atlas Technical Consultants, Inc. Class A

      124,930

              1,270,538

 ATCX

 $         1,150,377

 

 

              7,335,300

 

 $         5,619,702

 

 

 

 

 

Construction Materials - 0.54%

 

 

 

 

Summit Materials, Inc.

       29,450

                 941,517

 SUM

 $            557,109

 

 

                 941,517

 

 $            557,109

 

 

 

 

 

Consumer Finance - 2.82%

 

 

 

 

Ally Financial, Inc.

       34,134

              1,742,541

 ALLY

 $            945,400

PROG Holdings, Inc.

       74,972

              3,149,574

 PRG

 $         3,808,605

 

 

              4,892,114

 

 $         4,754,005

 

 

 

 

 

Distributors - 0.55%

 

 

 

 

Weyco Group, Inc

       42,080

                 953,533

 WEYS

 $            905,971

 

 

                 953,533

 

 $            905,971

 

 

 

 

 

Diversified Consumer Services - 2.02%

 

 

 

 

Frontdoor Inc. (a)

       44,040

              1,845,276

 FTDR

 $         1,733,630

Terminix Global Holdings, Inc.

       39,693

              1,654,007

 TMX

 $         1,350,504

 

 

              3,499,283

 

 $         3,084,134

 

 

 

 

 

Diversified Financial Services - 3.36%

 

 

 

 

Jackson Financial, Inc.

      145,320

              3,778,320

 JXN

 $         3,899,849

Voya Financial, Inc.

       33,424

              2,051,899

 VOYA

 $         1,591,262

 

 

              5,830,219

 

            5,491,111

 

 

 

 

 

Diversified Telecommunications - 0.61%

 

 

 

 

Iridium Communications, Inc. (a)

       26,640

              1,061,604

 IRDM

 $            665,918

 

 

              1,061,604

 

 $            665,918

 

 

 

 

 

Electronic Equipment, Instruments & Comp - 2.5%

 

 

 

 

Vontier Corp.

      129,300

              4,344,480

 VNT

 $         4,215,583

 

 

              4,344,480

 

 $         4,215,583

 

 

 

 

 

Energy Equipment & Services- 1.43%

 

 

 

 

ChampionX Holding Inc. (a)

      111,190

              2,486,208

 CHX

 $         1,599,273

 

 

              2,486,208

 

 $         1,599,273

 

 

 

 

 

Entertainment. - 1.54%

 

 

 

 

Gaia, Inc.

       36,024

                 341,508

 GAIA

 $            405,191

Madison Square Garden Entertainment Corp. (a)

       32,050

              2,329,074

 MSGE

 $         2,525,190

 

 

              2,670,581

 

 $         2,930,381

 

 

 

 

 

Equity Real Estate Investment Trusts - 4.31%

 

 

 

 

Alpine Income Property Trust, Inc.

      109,019

              2,002,679

 PINE

 $         1,961,020

CTO Realty Growth, Inc.

       26,020

              1,398,835

 CTO

 $         1,320,273

Gaming and Leisure Properties, Inc.

       39,306

              1,820,654

 GLPI

 $         1,422,703

Postal Realty Trust, Inc. Class A

       51,030

                 951,199

 PSTL

 $            674,783

PotlatchDeltic Corp.

       25,379

              1,309,049

 PCH

 $            851,881

 

 

              7,482,416

 

 $         6,230,660

 

 

 

 

 

Food Products - 2.16%

 

 

 

 

Alico, Inc.

       28,105

                 962,315

 ALCO

 $            967,762

Nomad Foods Ltd. (a)

       39,050

              1,076,218

 NOMD.N

 $            701,176

Post Holdings, Inc. (a)

       10,610

              1,168,798

 POST

 $            989,983

Whole Earth Brands, Inc.

       47,410

                 547,586

 FREE

 $            592,977

 

 

              3,754,916

 

            3,251,897

 

 

 

 

 

Gas Utilities - 2.4%

 

 

 

 

UGI Corporation

       97,971

              4,175,524

 UGI

 $         3,623,441

 

 

              4,175,524

 

 $         3,623,441

 

 

 

 

 

Health Care Equipment & Supplies - 0.64%

 

 

 

 

Utah Medical Products, Inc.

       12,024

              1,116,308

 UTMD

 $            858,806

 

 

              1,116,308

 

 $            858,806

 

 

 

 

 

Health Care Providers & Services - 3.42%

   

 

 

 

Corvel Corp. (a)

         5,085

                 946,929

 CRVL

 $            342,787

Henry Schein, Inc. (a)

       45,729

              3,482,721

 HSIC

 $         2,922,861

ModivCare Inc.

         5,051

                 917,363

 MODV

 $            438,475

The Pennant Group, Inc. (a)

       21,022

                 590,508

 PNTG

 $            400,812

 

 

              5,937,520

 

 $         4,104,935

 

 

 

 

 

Hotels, Restaurants, & Leisure - 5.73%

   

 

 

 

Churchill Downs, Inc.

         9,160

              2,199,133

 CHDN

 $         1,299,071

Dine Brands Global, Inc.

       12,876

              1,045,660

 DIN

 $            629,727

Golden Entertainment, Inc.

       20,490

              1,005,854

 GDEN

 $            701,568

The Wendy's Co.

       77,970

              1,690,390

 WEN

 $         1,748,231

Travel N Leasure

       39,100

              2,132,123

 TNL

 $         1,141,831

Wyndham Hotels & Resorts, Inc.

       24,335

              1,878,419

 WH

 $         1,154,102

 

 

              9,951,578

 

 $         6,674,530

 

 

 

 

 

Household Products - 1.26%

 

 

 

 

Spectrum Brands Holdings, Inc.

       22,930

              2,193,713

 SPB

 $         1,534,680

 

 

              2,193,713

 

 $         1,534,680

 

 

 

 

 

IT Services - 5.72%

 

 

 

 

Alliance Data Systems Corporation

       11,570

              1,167,297

 ADS

 $            858,822

Concentrix Corp.

       24,396

              4,318,092

 CNXC

 $         2,294,626

Information Services Group, Inc.

      371,390

              2,666,580

 III

 $         2,043,064

Unisys Corporation

       70,980

              1,784,437

 UIS

 $         1,112,747

 

 

              9,936,407

 

 $         6,309,259

 

 

 

 

 

Independent Power and Renewable - 0.73%

 

 

 

 

Vistra Energy Corp.

       74,080

              1,266,768

 VST

 $         1,208,070

 

 

              1,266,768

 

 $         1,208,070

 

 

 

 

 

Internet & Catalog Retail - 0.4%

 

 

 

 

Qurate Retail, Inc.

       67,528

                 688,110

 QRTEA

 $            546,802

 

 

                 688,110

 

 $            546,802

 

 

 

 

 

Life Sciences Tools & Services - 1.13%

 

 

 

 

Charles River Laboratories International, Inc. (a)

         4,740

              1,956,056

 CRL

 $            571,682

 

 

              1,956,056

 

 $            571,682

 

 

 

 

 

Machinery - 0.98%

 

 

 

 

LB Foster Co.

      109,797

              1,700,756

 FSTR

 $         1,976,104

 

 

              1,700,756

 

            1,976,104

 

 

 

 

 

Media - 4.52%

 

 

 

 

Liberty Braves Series C (a)

       88,949

              2,350,033

 BATRK

 $         1,676,708

Liberty SiriusXM Series C (a)

       78,227

              3,713,436

 LSXMK

 $         2,927,848

Meredith Corporation

       32,108

              1,788,416

 MDP

 $         1,212,015

 

 

              7,851,884

 

 $         5,816,571

 

 

 

 

 

Metals & Mining - 1.8%

 

 

 

 

Fortitude Gold Corporation

      126,672

                 856,303

 FTCO

 $            982,600

Osisko Gold Royalties Ltd

      202,590

              2,275,086

 OR

 $         2,457,881

 

 

              3,131,388

 

            3,440,481

 

 

 

 

 

Multi-Utilities- 3.88%

 

 

 

 

Black Hills Corporation

       45,190

              2,836,124

BKH

 $         3,042,820

MDU Resources Group, Inc.

      131,640

              3,905,759

 MDU

 $         3,150,472

 

 

              6,741,883

 

            6,193,292

 

 

 

 

 

Oil & Gas - 0.6%

 

 

 

 

National Fuel Gas Company

       19,730

              1,036,220

NFG

 $         1,073,794

 

 

              1,036,220

 

 $         1,073,794

 

 

 

 

 

Oil, Gas & Consumable Fuels- 2.76%

 

 

 

 

Consol Energy, Inc.

       55,170

                 696,245

CNX

 $            697,540

DT Midstream Inc.

       70,457

              3,257,932

DTM

 $         2,896,580

Unit Corporation

       27,230

                 830,515

 UNTC

 $            575,566

 

 

              4,784,692

 

            4,169,686

 

 

 

 

 

Personal Products - 1.61%

 

 

 

 

Edgewell Personal Care Company

       77,080

              2,798,004

 EPC

 $         2,856,075

 

 

              2,798,004

 

 $         2,856,075

 

 

 

 

 

Pharmaceuticals - 1.51%

 

 

 

 

Organon & Co.

       79,700

              2,613,363

 OGN

 $         2,750,369

 

 

              2,613,363

 

 $         2,750,369

 

 

 

 

 

Professional Services - 2.75%

 

 

 

 

Alight, Inc.

      394,950

              4,534,026

ALIT

 $         3,995,777

Red Violet, Inc.

         9,280

                 239,517

RDVT

 $            287,987

 

 

              4,773,543

 

 $         4,283,765

 

 

 

 

 

Road & Rail - 1.31%

 

 

 

 

XPO Logistics, Inc.

       28,590

              2,275,192

 XPO

 $         2,410,861

 

 

              2,275,192

 

 $         2,410,861

 

 

 

 

 

Specialty Retail - 2.44%

 

 

 

 

Designer Brands, Inc.

       96,530

              1,344,663

 DBI

 $         1,507,615

Express, Inc.

       65,300

                 308,216

 EXPR

 $            364,008

The Aarons Company, Inc.

       93,632

              2,578,625

 AAN

 $         1,840,532

 

 

              4,231,504

 

 $         3,712,155

 

 

 

 

 

Telecommunication Services - 0.79%

 

 

 

 

J2 Global, Inc.

       10,050

              1,373,031

 JCOM

 $         1,354,195

 

 

              1,373,031

 

 $         1,354,195

 

 

 

 

 

Textiles, Apparel & Luxury Goods - 3.18%

 

 

 

 

Kontoor Brands, Inc.

       28,000

              1,398,600

 KTB

 $            583,137

Wolverine World Wide, Inc.

      138,295

              4,126,723

 WWW

 $         3,670,432

 

 

              5,525,323

 

 $         4,253,569

 

 

 

 

 

Thrifts & Mortgage Finance - 3.11%

 

 

 

 

Columbia Financial, Inc. (a)

      218,223

              4,037,126

 CLBK

 $         3,262,254

Federal Agricultural Mortgage Corp.

       12,544

              1,361,275

 AGM

 $         1,256,663

 

 

              5,398,400

 

 $         4,518,917

 

 

 

 

 

Trading Companies & Distributors - 0.52%

 

 

 

 

Transcat, Inc. (a)

       14,037

                 905,106

 TRNS

 $            348,873

 

 

                 905,106

 

 $            348,873

 

 

 

 

 

TOTAL COMMON STOCKS (Cost $140,607,668)

 

           170,627,173

 

         140,607,668

 

 

 

 

 

 

 

 

 

 

Money Market Funds - 1.51%

 

 

 

 

First American Funds Government Obligation Class Y 0.89% (b)

   2,629,808

              2,629,808

 FGVXX

 $         2,629,808

 

 

              2,629,808

 

 $         2,629,808

 

 

 

 

 

TOTAL MONEY MARKET FUNDS (Cost $2,629,808)

 

              2,629,808

 

 $         2,629,808

 

 

 

 

 

TOTAL INVESTMENTS (Cost $143,237,476)  99.78%

 

           173,256,981

99.78%

 $      143,237,476

 

 

 

 

 

Other Assets In Excess of Liabilities  - 0.22%

 

                 386,677

 

0.22%

 

 

 

 

 

TOTAL NET ASSETS - 100.00%

 

 $         173,643,657

 

100.00%

 

 

 

 

 

(a) Non-Income producing.

 

 

 

 

(b) Variable rate security; the coupon rate shown represents the 7-day yield as of September 30, 2021.

 

 

(c) ADR - American Depository Receipt

 

 

 

 

(d) Adviser owns more than 5% of the outstanding voting shares of the company and is considered an affiliated security.

 

 


Security Valuation Note (unaudited)


The value of each portfolio instrument held by the Funds is determined by using market prices.  Market prices may be determined on the basis of prices furnished by a pricing service.  If market quotations are not readily available or if an event occurs after the close of the exchange on which the Funds’ portfolio securities are principally traded, which, in the Advisor’s opinion has materially affected the price of those securities, the Funds may use fair value pricing procedures established by the Board of Trustees to determine fair value of such securities.  When fair value pricing is employed, the prices of securities used by the Funds to calculate their net asset value may differ from quoted or published prices of the same securities.


In September 2006, FASB issued Statement on Financial Accounting Standards (SFAS) No. 157 "Fair Value Measurements." This standard establishes a single authoritative definition of fair value, sets out a framework for measuring fair value and requires additional disclosure about fair value measurements. SFAS No. 157 applies to fair value measurements already required or permitted by existing standards. In accordance with SFAS No. 157, fair value is defined as the price that would be received by the Fund upon selling an asset or paid by the Fund to transfer a liability in an orderly transaction between market participants at the measurement date. In the absence of a principal market for the asset or liability, the assumption is that the transaction occurs on the most advantageous market for the asset or liability. SFAS No. 157 established a three-tier fair value hierarchy that prioritizes the assumptions, also known as "inputs", to valuation techniques used by market participants to measure fair value. The term "inputs" refers broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk, for example, the risk inherent in a particular valuation technique used to measure fair value (such as pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable.  Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The valuation techniques used to measure fair value should maximize the use of observable inputs and minimize the use of unobservable inputs. The three-tier hierarchy of inputs is (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) and Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The following is a summary of the inputs used as of September 30, 2021 in valuing the Fund's assets carried at fair value:


Ancora/Thelen Small-Mid Cap Fund

 

 

 

 

 

Valuation Inputs

Investments

In Securities

Other Financial

Inputs

Level 1 - Quoted Prices

$            173,256,981

- 0 -

Level 2 - Significant Other Observable Inputs

- 0 -

- 0 -

Level 3 - Significant Unobservable Inputs

- 0 -

- 0 -

Total

$            173,256,981

- 0 -