White
Oak
Select
Growth
Fund
Schedule
of
Investments
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
99.37%
Shares
Fair
Value
COMMUNICATIONS
-
16.55%
Internet
Media
&
Services
-
16.55%
Alphabet,
Inc.
-
Class
A
58,802
$
19,875,076
Alphabet,
Inc.
-
Class
C
104,396
35,341,178
Meta
Platforms,
Inc.
-
Class
A
30,651
21,961,441
77,177,695
CONSUMER
DISCRETIONARY
-
13.93%
E-Commerce
Discretionary
-
8.77%
Amazon.com,
Inc.
(a)
170,913
40,899,481
Retail
-
Discretionary
-
5.16%
Lowe's
Companies,
Inc.
90,000
24,035,400
FINANCIALS
-
18.53%
Asset
Management
-
6.33%
Charles
Schwab
Corp.
(The)
284,100
29,523,672
Banking
-
7.02%
JPMorgan
Chase
&
Co.
106,957
32,717,077
Institutional
Financial
Services
-
1.27%
State
Street
Corp.
45,300
5,927,958
Insurance
-
3.91%
Chubb
Ltd.
58,937
18,244,537
HEALTH
CARE
-
16.80%
Biotech
&
Pharma
-
9.68%
Amgen,
Inc.
82,460
28,191,425
Novartis
AG
-
ADR
(b)
114,060
16,958,441
45,149,866
Health
Care
Facilities
&
Services
-
4.72%
Cigna
Corp.
32,952
9,032,473
Labcorp
Holdings,
Inc.
47,770
12,970,510
22,002,983
Medical
Equipment
&
Devices
-
2.40%
Alcon,
Inc.
(b)
138,000
11,175,240
INDUSTRIALS
-
2.39%
Electrical
Equipment
-
2.39%
Rockwell
Automation,
Inc.
26,392
11,128,187
TECHNOLOGY
-
31.17%
Semiconductors
-
17.40%
Broadcom,
Inc.
40,000
13,252,000
KLA
Corp.
24,028
34,310,542
NXP
Semiconductors
NV
66,513
15,041,250
QUALCOMM,
Inc.
122,300
18,539,457
81,143,249
Software
-
6.33%
Adobe
Systems,
Inc.
(a)
29,516
8,655,567
Microsoft
Corp.
25,500
10,972,395
White
Oak
Select
Growth
Fund
Schedule
of
Investments
(continued)
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
99.37%
(Continued)
Shares
Fair
Value
TECHNOLOGY
-
31.17%
(Continued)
Software
-
6.33%
(Continued)
Salesforce,
Inc.
46,585
$
9,889,530
29,517,492
Technology
Hardware
-
5.54%
Cisco
Systems,
Inc.
330,000
25,845,600
Technology
Services
-
1.90%
Visa,
Inc.
-
Class
A
27,475
8,842,279
TOTAL
COMMON
STOCKS
(Cost $174,534,462)
463,330,716
SHORT-TERM
INVESTMENTS
-
5.26%
Shares
or
Principal
($)
Fair
Value
REPURCHASE
AGREEMENTS
-
0.58%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
3.25%,
dated
1/31/2026
and
maturing
2/2/2026,
collateralized
by
U
.
S
.
Treasury
Securities
with
rates
ranging
from
3.75%
to
4.25%
and
maturity
dates
ranging
from
4/15/2028
to
2/28/2031
with
a
par
value
of
$2,646,167
and
a
collateral
value
of
$2,745,
142
2,691,290
2,691,290
COLLATERAL
FOR
SECURITIES
LOANED
-
4.68%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
3.72%
(c)
21,833,540
21,833,540
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $24,524,830)
24,524,830
TOTAL
INVESTMENTS
-
104.63%
(Cost
$199,059,292)
487,855,546
Liabilities
in
Excess
of
Other
Assets - (4.63)%
(21,572,292)
NET
ASSETS
-
100.00%
$
466,283,254
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
Fair
Value
of
securities
on
loan
is
$21,328,355.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
January
31,
2026.
ADR
-
American
Depositary
Receipt
Pin
Oak
Equity
Fund
Schedule
of
Investments
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
99.45%
Shares
Fair
Value
COMMUNICATIONS
-
17.00%
Internet
Media
&
Services
-
17.00%
Alphabet,
Inc.
-
Class
A
23,500
$
7,943,000
Alphabet,
Inc.
-
Class
C
30,243
10,238,163
Meta
Platforms,
Inc.
-
Class
A
10,359
7,422,223
25,603,386
CONSUMER
DISCRETIONARY
-
8.33%
E-Commerce
Discretionary
-
7.40%
Amazon.com,
Inc.
(a)
46,556
11,140,851
Leisure
Facilities
&
Services
-
0.93%
Flutter
Entertainment
PLC
(a)(b)
8,480
1,400,472
ENERGY
-
1.25%
Oil
&
Gas
Producers
-
1.25%
Coterra
Energy,
Inc.
65,000
1,875,250
FINANCIALS
-
19.52%
Asset
Management
-
6.39%
Charles
Schwab
Corp.
(The)
92,500
9,612,600
Institutional
Financial
Services
-
8.24%
Bank
of
New
York
Mellon
Corp.
(The)
86,745
10,402,460
Northern
Trust
Corp.
13,455
2,010,581
12,413,041
Insurance
-
4.89%
Assurant,
Inc.
30,900
7,358,217
HEALTH
CARE
-
18.54%
Biotech
&
Pharma
-
11.76%
Amgen,
Inc.
18,500
6,324,780
Gilead
Sciences,
Inc.
48,145
6,834,183
Regeneron
Pharmaceuticals,
Inc.
6,139
4,551,761
17,710,724
Health
Care
Facilities
&
Services
-
6.78%
McKesson
Corp.
9,034
7,509,151
Quest
Diagnostics,
Inc.
14,417
2,696,412
10,205,563
INDUSTRIALS
-
5.65%
Electrical
Equipment
-
3.76%
Amphenol
Corp.
-
Class
A
39,304
5,662,920
Industrial
Support
Services
-
1.01%
Applied
Industrial
Technologies,
Inc.
5,815
1,514,284
Machinery
-
0.88%
ESAB
Corp.
10,997
1,331,737
MATERIALS
-
3.68%
Chemicals
-
2.24%
New
Linde
PLC
7,398
3,380,664
Pin
Oak
Equity
Fund
Schedule
of
Investments
(continued)
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
99.45%
(Continued)
Shares
Fair
Value
MATERIALS
-
3.68%
(Continued)
Metals
&
Mining
-
1.44%
Newmont
Goldcorp
Corp.
19,253
$
2,163,075
TECHNOLOGY
-
25.48%
Semiconductors
-
7.69%
Cirrus
Logic,
Inc.
(a)
11,836
1,542,704
KLA
Corp.
7,029
10,036,990
11,579,694
Software
-
6.35%
Akamai
Technologies,
Inc.
(a)
27,507
2,672,305
Microsoft
Corp.
10,953
4,712,966
Zscaler,
Inc.
(a)
10,872
2,174,509
9,559,780
Technology
Services
-
11.44%
Amdocs
Ltd.
66,587
5,456,139
Paychex,
Inc.
34,649
3,573,351
Visa,
Inc.
-
Class
A
25,443
8,188,321
17,217,811
TOTAL
COMMON
STOCKS
(Cost $57,969,067)
149,730,069
SHORT-TERM
INVESTMENTS
-
1.52%
Shares
or
Principal
($)
Fair
Value
REPURCHASE
AGREEMENTS
-
0.56%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
3.25%,
dated
1/31/2026
and
maturing
2/2/2026,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
3.75%
to
4.25%
and
maturity
dates
ranging
from
4/15/2028
to
2/28/2031
with
a
par
value
of
$834,590
and
a
collateral
value
of
$865,806
848,822
848,822
COLLATERAL
FOR
SECURITIES
LOANED
-
0.96%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
3.72%
(c)
1,446,039
1,446,039
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $2,294,861)
2,294,861
TOTAL
INVESTMENTS
-
100.97%
(Cost
$60,263,928)
152,024,930
Liabilities
in
Excess
of
Other
Assets - (
0.97)%
(1,457,959)
NET
ASSETS
-
100.00%
$
150,566,971
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
Fair
Value
of
securities
on
loan
is
$1,386,434.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
January
31,
2026.
Rock
Oak
Core
Growth
Fund
Schedule
of
Investments
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
98.40%
Shares
Fair
Value
CONSUMER
DISCRETIONARY
-
2.08%
Wholesale
-
Discretionary
-
2.08%
Pool
Corp.
1,030
$
261,713
ENERGY
-
3.43%
Oil
&
Gas
Producers
-
3.43%
Murphy
USA,
Inc.
(a)
1,024
432,650
FINANCIALS
-
14.07%
Institutional
Financial
Services
-
5.60%
Northern
Trust
Corp.
2,476
369,989
Virtu
Financial,
Inc.
-
Class
A
8,100
336,231
706,220
Insurance
-
8.47%
Assurant,
Inc.
1,830
435,778
Hartford
Financial
Services
Group,
Inc.
(The)
(a)
4,676
631,540
1,067,318
HEALTH
CARE
-
22.71%
Biotech
&
Pharma
-
12.66%
Exelixis,
Inc.
(b)
15,176
627,679
Jazz
Pharmaceuticals
PLC
(b)
4,005
658,783
Viatris,
Inc.
23,547
308,230
1,594,692
Health
Care
Facilities
&
Services
-
10.05%
Cardinal
Health,
Inc.
3,272
703,087
Quest
Diagnostics,
Inc.
3,015
563,896
1,266,983
INDUSTRIALS
-
31.13%
Aerospace
&
Defense
-
3.59%
TransDigm
Group,
Inc.
(a)(b)
317
452,530
Commercial
Support
Services
-
3.97%
Republic
Services,
Inc.
2,323
499,654
Electrical
Equipment
-
6.12%
BWX
Technologies,
Inc.
3,000
616,290
Rockwell
Automation,
Inc.
367
154,746
771,036
Industrial
Support
Services
-
4.00%
Applied
Industrial
Technologies,
Inc.
1,936
504,154
Machinery
-
13.45%
Curtiss-Wright
Corp.
(a)
1,104
724,986
ESAB
Corp.
2,137
258,791
Nordson
Corp.
1,839
504,860
Symbotic,
Inc.
(b)
3,808
207,041
1,695,678
MATERIALS
-
12.08%
Chemicals
-
3.82%
CF
Industries
Holdings,
Inc.
5,159
480,974
Rock
Oak
Core
Growth
Fund
Schedule
of
Investments
(continued)
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
98.40%
(Continued)
Shares
Fair
Value
MATERIALS
-
12.08%
(Continued)
Construction
Materials
-
3.80%
Carlisle
Companies,
Inc.
1,405
$
478,950
Metals
&
Mining
-
4.46%
Newmont
Goldcorp
Corp.
5,000
561,750
TECHNOLOGY
-
12.90%
Software
-
3.46%
Veeva
Systems,
Inc.
-
Class
A
(b)
900
183,528
Zscaler,
Inc.
(b)
1,264
252,812
436,340
Technology
Hardware
-
7.10%
F5,
Inc.
(b)
2,070
570,513
NetApp,
Inc.
3,363
324,025
894,538
Technology
Services
-
2.34%
Amdocs
Ltd.
3,602
295,148
TOTAL
COMMON
STOCKS
(Cost $6,922,296)
12,400,328
SHORT-TERM
INVESTMENTS
-
15.26%
Shares
or
Principal
($)
Fair
Value
REPURCHASE
AGREEMENTS
-
1.57%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
3.25%,
dated
1/31/2026
and
maturing
2/2/2026,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
3.75%
to
4.25%
and
maturity
dates
ranging
from
4/15/2028
to
2/28/2031
with
a
par
value
of
$194,832
and
a
collateral
value
of
$202,119
198,154
198,154
COLLATERAL
FOR
SECURITIES
LOANED
-
13.69%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
3.72%
(c)
1,726,006
1,726,006
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $1,924,160)
1,924,160
TOTAL
INVESTMENTS
-
113.66%
(Cost
$8,846,456)
14,324,488
Liabilities
in
Excess
of
Other
Assets - (13.66)%
(1,721,116)
NET
ASSETS
-
100.00%
$
12,603,372
(a)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
Fair
Value
of
securities
on
loan
is
$1,701,857.
(b)
Non-income
producing
security.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
January
31,
2026.
River
Oak
Discovery
Fund
Schedule
of
Investments
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
83.19%
Shares
Fair
Value
CONSUMER
DISCRETIONARY
-
3.50%
Retail
-
Discretionary
-
3.50%
Asbury
Automotive
Group,
Inc.
(a)(b)
3,210
$
752,777
CONSUMER
STAPLES
-
1.01%
Household
Products
-
1.01%
Energizer
Holdings,
Inc.
(b)
10,003
218,366
FINANCIALS
-
16.15%
Asset
Management
-
7.05%
AllianceBernstein
Holding
LP
20,318
864,328
Artisan
Partners
Asset
Management,
Inc.
-
Class
A
(b)
14,702
654,533
1,518,861
Banking
-
2.92%
Axos
Financial,
Inc.
(a)
6,342
627,794
Insurance
-
6.18%
CNO
Financial
Group,
Inc.
18,409
774,098
Selective
Insurance
Group,
Inc.
6,631
557,535
1,331,633
HEALTH
CARE
-
6.30%
Biotech
&
Pharma
-
3.85%
Prestige
Consumer
Healthcare,
Inc.
(a)
12,857
828,891
Medical
Equipment
&
Devices
-
2.45%
Lantheus
Holdings,
Inc.
(a)
7,909
529,270
INDUSTRIALS
-
29.09%
Commercial
Support
Services
-
12.79%
Barrett
Business
Services,
Inc.
25,733
977,854
Korn
Ferry
10,759
747,428
V2X,
Inc.
(a)
14,968
1,030,247
2,755,529
Electrical
Equipment
-
4.89%
Advanced
Energy
Industries,
Inc.
(b)
4,129
1,054,381
Industrial
Support
Services
-
4.05%
Applied
Industrial
Technologies,
Inc.
3,350
872,374
Machinery
-
7.36%
ESAB
Corp.
5,671
686,758
Kadant
,
Inc.
(b)
2,798
898,270
1,585,028
TECHNOLOGY
-
27.14%
Semiconductors
-
22.92%
Ambarella,
Inc.
(a)(b)
7,083
453,595
Cirrus
Logic,
Inc.
(a)(b)
7,311
952,916
Cohu
,
Inc.
(a)(b)
32,081
915,592
Diodes,
Inc.
(a)
6,620
391,838
Kulicke
&
Soffa
Industries,
Inc.
21,713
1,244,806
Silicon
Motion
Technology
Corp.
-
ADR
(b)
8,231
978,913
4,937,660
River
Oak
Discovery
Fund
Schedule
of
Investments
(continued)
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
83.19%
(Continued)
Shares
Fair
Value
TECHNOLOGY
-
27.14%
(Continued)
Software
-
4.22%
Clear
Secure,
Inc.
-
Class
A
19,133
$
624,118
Intapp
,
Inc.
(a)
8,423
285,961
910,079
TOTAL
COMMON
STOCKS
(Cost $9,890,785)
17,922,643
EXCHANGE-TRADED
FUNDS
-
4.82%
iShares
Russell
2000
Growth
ETF
(b)
3,090
1,039,260
TOTAL
EXCHANGE-TRADED
FUNDS
(Cost $1,064,834)
1,039,260
SHORT-TERM
INVESTMENTS
-
42.79%
Shares
or
Principal
($)
Fair
Value
REPURCHASE
AGREEMENTS
-
12.04%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
3.25%,
dated
1/31/2026
and
maturing
2/2/2026,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
3.75%
to
4.25%
and
maturity
dates
ranging
from
4/15/2028
to
2/28/2031
with
a
par
value
of
$2,551,226
and
a
collateral
value
of
$2,646,649
2,594,729
2,594,729
COLLATERAL
FOR
SECURITIES
LOANED
-
30.75%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
3.72%
(c)
6,625,078
6,625,078
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $9,219,807)
9,219,807
TOTAL
INVESTMENTS
-
130.80%
(Cost
$20,175,426)
28,181,710
Liabilities
in
Excess
of
Other
Assets - (30.80)%
(6,636,504)
NET
ASSETS
-
100.00%
$
21,545,206
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
Fair
Value
of
securities
on
loan
is
$6,413,605.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
January
31,
2026.
ADR
-
American
Depositary
Receipt
Red
Oak
Technology
Select
Fund
Schedule
of
Investments
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
99.82%
Shares
Fair
Value
COMMUNICATIONS
-
18.67%
Internet
Media
&
Services
-
18.67%
Alphabet,
Inc.
-
Class
A
50,000
$
16,900,000
Alphabet,
Inc.
-
Class
C
228,720
77,428,582
Meta
Platforms,
Inc.
-
Class
A
44,425
31,830,512
Netflix,
Inc.
(a)
145,000
12,106,050
138,265,144
CONSUMER
DISCRETIONARY
-
10.77%
E-Commerce
Discretionary
-
10.77%
Amazon.com,
Inc.
(a)
263,000
62,935,900
eBay,
Inc.
185,030
16,878,437
79,814,337
INDUSTRIALS
-
5.44%
Aerospace
&
Defense
-
2.72%
Lockheed
Martin
Corp.
-
Class
B
31,728
20,122,532
Electrical
Equipment
-
2.72%
Amphenol
Corp.
-
Class
A
140,000
20,171,200
TECHNOLOGY
-
64.94%
Semiconductors
-
30.29%
Advanced
Micro
Devices,
Inc.
(a)
90,000
21,305,700
Broadcom,
Inc.
177,840
58,918,392
KLA
Corp.
40,325
57,581,681
NVIDIA
Corp.
288,000
55,045,440
NXP
Semiconductors
NV
113,550
25,678,197
QUALCOMM,
Inc.
38,200
5,790,738
224,320,148
Software
-
15.31%
Adobe
Systems,
Inc.
(a)
38,735
11,359,039
Akamai
Technologies,
Inc.
(a)
101,780
9,887,927
Microsoft
Corp.
99,403
42,772,117
Oracle
Corp.
127,554
20,992,837
Synopsys,
Inc.
(a)
60,970
28,358,061
113,369,981
Technology
Hardware
-
11.49%
Apple,
Inc.
106,078
27,525,119
Cisco
Systems,
Inc.
500,000
39,160,000
NetApp,
Inc.
191,334
18,435,031
85,120,150
Technology
Services
-
7.85%
Accenture
PLC
-
Class
A
50,118
13,213,110
MasterCard,
Inc.
-
Class
A
29,642
15,970,813
Visa,
Inc.
-
Class
A
90,000
28,964,700
58,148,623
TOTAL
COMMON
STOCKS
(Cost $176,888,837)
739,332,115
Red
Oak
Technology
Select
Fund
Schedule
of
Investments
(continued)
January
31,
2026
(Unaudited)
SHORT-TERM
INVESTMENTS
-
0.28%
Shares
or
Principal
($)
Fair
Value
REPURCHASE
AGREEMENTS
-
0.28%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
3.25%,
dated
1/31/2026
and
maturing
2/2/2026,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
3.75%
to
4.25%
and
maturity
dates
ranging
from
4/15/2028
to
2/28/2031
with
a
par
value
of
$2,042,790
and
a
collateral
value
of
$2,119,197
2,077,624
$
2,077,624
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $2,077,624)
2,077,624
TOTAL
INVESTMENTS
-
100.10%
(Cost
$178,966,461)
741,409,739
Liabilities
in
Excess
of
Other
Assets - (0.10)%
(747,848)
NET
ASSETS
-
100.00%
$
740,661,891
(a)
Non-income
producing
security.
Black
Oak
Emerging
Technology
Fund
Schedule
of
Investments
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
99.04%
Shares
Fair
Value
COMMUNICATIONS
-
2.27%
Entertainment
Content
-
2.27%
AppLovin
Corp.
-
Class
A
(a)(b)
3,000
$
1,419,330
CONSUMER
DISCRETIONARY
-
5.61%
E-Commerce
Discretionary
-
4.12%
MercadoLibre
,
Inc.
(a)
1,200
2,577,348
Leisure
Facilities
&
Services
-
1.49%
Flutter
Entertainment
PLC
(a)(b)
5,622
928,473
HEALTH
CARE
-
3.44%
Medical
Equipment
&
Devices
-
3.44%
Intuitive
Surgical,
Inc.
(a)
4,259
2,147,473
INDUSTRIALS
-
11.32%
Electrical
Equipment
-
7.17%
Advanced
Energy
Industries,
Inc.
(b)
17,560
4,484,122
Industrial
Support
Services
-
4.15%
Applied
Industrial
Technologies,
Inc.
9,964
2,594,725
TECHNOLOGY
-
76.40%
Information
Technology
-
1.93%
Paylocity
Holdings
Corp.
(a)
8,930
1,205,371
Semiconductors
-
44.87%
Advanced
Micro
Devices,
Inc.
(a)
12,304
2,912,726
Cirrus
Logic,
Inc.
(a)
21,731
2,832,419
Cohu
,
Inc.
(a)
59,077
1,686,058
Diodes,
Inc.
(a)(b)
25,770
1,525,326
KLA
Corp.
3,563
5,087,750
Kulicke
&
Soffa
Industries,
Inc.
44,645
2,559,498
Lam
Research
Corp.
21,438
5,004,915
NVIDIA
Corp.
20,660
3,948,746
Silicon
Motion
Technology
Corp.
-
ADR
20,940
2,490,394
28,047,832
Software
-
20.09%
Clear
Secure,
Inc.
-
Class
A
44,795
1,461,213
Crowdstrike
Holdings,
Inc.
-
Class
A
(a)
5,576
2,461,274
Fortinet,
Inc.
(a)
25,980
2,111,135
Palantir
Technologies,
Inc.
-
Class
A
(a)
10,310
1,511,343
Palo
Alto
Networks,
Inc.
(a)
4,419
782,031
Salesforce,
Inc.
7,994
1,697,046
Veeva
Systems,
Inc.
-
Class
A
(a)
6,396
1,304,272
Zscaler,
Inc.
(a)
6,152
1,230,462
12,558,776
Technology
Hardware
-
4.91%
F5,
Inc.
(a)
11,141
3,070,571
Technology
Services
-
4.60%
Amdocs
Ltd.
20,298
1,663,218
CSG
Systems
International,
Inc.
(b)
10,000
797,500
Black
Oak
Emerging
Technology
Fund
Schedule
of
Investments
(continued)
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
99.04%
(Continued)
Shares
Fair
Value
TECHNOLOGY
-
76.40%
(Continued)
Technology
Services
-
4.60%
(Continued)
PayPal
Holdings,
Inc.
(a)
7,920
$
417,305
2,878,023
TOTAL
COMMON
STOCKS
(Cost $25,030,318)
61,912,044
SHORT-TERM
INVESTMENTS
-
14.45%
Shares
or
Principal
($)
Fair
Value
REPURCHASE
AGREEMENTS
-
0.97%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
3.25%,
dated
1/31/2026
and
maturing
2/2/2026,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
3.75%
to
4.25%
and
maturity
dates
ranging
from
4/15/2028
to
2/28/2031
with
a
par
value
of
$595,320
and
a
collateral
value
of
$617,587
605,472
605,472
COLLATERAL
FOR
SECURITIES
LOANED
-
13.48%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
3.72%
(c)
8,429,378
8,429,378
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $9,034,850)
9,034,850
TOTAL
INVESTMENTS
-
113.49%
(Cost
$34,065,168)
70,946,894
Liabilities
in
Excess
of
Other
Assets - (13.49)%
(8,430,662)
NET
ASSETS
-
100.00%
$
62,516,232
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
Fair
Value
of
securities
on
loan
is
$7,798,078.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
January
31,
2026.
ADR
-
American
Depositary
Receipt
Live
Oak
Health
Sciences
Fund
Schedule
of
Investments
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
98.30%
Shares
Fair
Value
HEALTH
CARE
-
96.97%
Biotech
-
28.23%
Amgen,
Inc.
7,077
$
2,419,485
Exelixis
,
Inc.
(a)
52,445
2,169,125
Gilead
Sciences,
Inc.
13,391
1,900,852
Incyte
Corp.
(a)
15,511
1,552,186
Regeneron
Pharmaceuticals,
Inc.
3,260
2,417,127
United
Therapeutics
Corp.
(a)
5,543
2,602,383
Vertex
Pharmaceuticals,
Inc.
(a)
3,831
1,800,187
14,861,345
Health
Care
Facilities
-
3.63%
Ensign
Group,
Inc.
(The)
3,141
539,184
National
Healthcare
Corp.
9,612
1,375,573
1,914,757
Health
Care
Services
-
8.92%
IQVIA
Holdings,
Inc.
(a)
6,398
1,472,500
Labcorp
Holdings,
Inc.
4,153
1,127,623
Medpace
Holdings,
Inc.
(a)
3,593
2,092,851
4,692,974
Health
Care
Supply
Chain
-
19.16%
Cardinal
Health,
Inc.
14,297
3,072,139
Cencora
,
Inc.
8,034
2,885,973
Cigna
Corp.
(b)
6,051
1,658,640
McKesson
Corp.
2,973
2,471,187
10,087,939
Large
Pharmaceuticals
-
15.33%
Eli
Lilly
&
Co.
970
1,006,036
Johnson
&
Johnson
8,261
1,877,312
Merck
&
Co.,
Inc.
(b)
13,629
1,502,870
Novartis
AG
-
ADR
(b)
16,784
2,495,445
Novo
Nordisk
A/S
-
ADR
(b)
19,907
1,183,073
8,064,736
Life
Science
&
Diagnostics
-
3.66%
Thermo
Fisher
Scientific,
Inc.
3,329
1,926,193
Managed
Care
-
2.52%
Elevance
Health,
Inc.
3,831
1,324,530
Medical
Devices
-
4.80%
Medtronic
PLC
12,359
1,272,482
Stryker
Corp.
3,396
1,255,026
2,527,508
Medical
Equipment
-
6.72%
Intuitive
Surgical,
Inc.
(a)
3,517
1,773,342
Lantheus
Holdings,
Inc.
(a)
26,355
1,763,676
3,537,018
Specialty
&
Generic
Pharmaceuticals
-
4.00%
Jazz
Pharmaceuticals
PLC
(a)
12,812
2,107,446
Live
Oak
Health
Sciences
Fund
Schedule
of
Investments
(continued)
January
31,
2026
(Unaudited)
COMMON
STOCKS
-
98.30%
(Continued)
Shares
Fair
Value
TECHNOLOGY
-
1.33%
Application
Software
-
1.33%
Veeva
Systems,
Inc.
-
Class
A
(a)
3,441
$
701,689
TOTAL
COMMON
STOCKS
(Cost $26,204,466)
51,746,135
Shares
or
Principal
($)
Fair
Value
SHORT-TERM
INVESTMENTS
-
11.28%
REPURCHASE
AGREEMENTS
-
0.36%
Tri-Party
Repurchase
Agreement
with
South
Street
Securities
LLC
and
Bank
of
New
York
Mellon,
3.25%,
dated
1/31/2026
and
maturing
2/2/2026,
collateralized
by
U.S.
Treasury
Securities
with
rates
ranging
from
3.75%
to
4.25%
and
maturity
dates
ranging
from
4/15/2028
to
2/28/2031
with
a
par
value
of
$185,175
and
a
collateral
value
of
$192,101
188,332
$
188,332
COLLATERAL
FOR
SECURITIES
LOANED
-
10.92%
Mount
Vernon
Liquid
Assets
Portfolio,
LLC,
3.72%
(c)
5,747,803
5,747,803
TOTAL
SHORT-TERM
INVESTMENTS
(Cost $5,936,135)
5,936,135
TOTAL
INVESTMENTS
-
109.58%
(Cost
$32,140,601)
57,682,270
Liabilities
in
Excess
of
Other
Assets - (9.58)%
(5,042,784)
NET
ASSETS
-
100.00%
$
52,639,486
(a)
Non-income
producing
security.
(b)
Security,
or
a
portion
of
the
security
position,
is
currently
on
loan.
The
total
Fair
Value
of
securities
on
loan
is
$5,654,611.
(c)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
January
31,
2026.
ADR
-
American
Depositary
Receipt