Capital Advisors Growth Fund
  
Schedule of Investments
  
March 31, 2026 (Unaudited)
  
   
COMMON STOCKS - 89.9%
  
Shares
   
Value
 
Administrative and Support Services - 2.6%
        
Uber Technologies, Inc. (a)
    
20,225
    
$
1,454,784
  
Visa, Inc. - Class A
    
7,680
      
2,321,203
  
             
3,775,987
  
                 
Beverage and Tobacco Product Manufacturing - 2.2%
          
PepsiCo, Inc.
    
21,289
      
3,305,969
  
                 
Chemical Manufacturing - 3.4%
          
Ecolab, Inc.
    
10,000
      
2,660,200
  
Procter & Gamble Co.
    
16,500
      
2,383,260
  
             
5,043,460
  
                 
Computer and Electronic Product Manufacturing - 19.7%
          
Apple, Inc.
    
33,665
      
8,543,840
  
Danaher Corp.
    
11,400
      
2,161,440
  
Moog, Inc. - Class A
    
3,700
      
1,082,768
  
NVIDIA Corp.
    
65,000
      
11,336,000
  
Palo Alto Networks, Inc. (a)
    
20,350
      
3,262,512
  
Veralto Corp.
    
31,800
      
2,811,756
  
             
29,198,316
  
                 
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services - 0.9%
          
Airbnb, Inc. - Class A (a)
    
10,775
      
1,360,667
  
                 
Credit Intermediation and Related Activities - 5.7%
          
JPMorgan Chase & Co.
    
28,575
      
8,405,622
  
                 
E-Commerce/Services - 1.6%
          
MercadoLibre, Inc. (a)
    
1,375
      
2,377,403
  
                 
Electrical Equipment, Appliance, and Component Manufacturing - 2.3%
          
Rockwell Automation, Inc.
    
9,550
      
3,427,304
  
                 
Insurance Carriers and Related Activities - 1.6%
          
Berkshire Hathaway, Inc. - Class B (a)
    
4,975
      
2,384,020
  
                 
Machinery Manufacturing - 4.3%
          
Applied Materials, Inc.
    
18,525
      
6,331,660
  
                 
Management of Companies and Enterprises - 0.9%
          
Sea Ltd. - ADR (a)
    
16,650
      
1,378,786
  
                 
Mining (except Oil and Gas) - 3.7%
          
Cameco Corp.
    
29,520
      
3,206,167
  
Freeport-McMoRan, Inc.
    
39,350
      
2,312,993
  
             
5,519,160
  
                 
Miscellaneous Manufacturing - 4.4%
          
Intuitive Surgical, Inc. (a)
    
7,565
      
3,487,389
  
Stryker Corp.
    
9,325
      
3,064,102
  
             
6,551,491
  
                 
Oil and Gas Extraction - 2.1%
          
EQT Corp.
    
47,725
      
3,037,219
  
                 
Professional, Scientific, and Technical Services - 7.6%
          
Accenture PLC - Class A
    
9,185
      
1,821,294
  
Alphabet, Inc. - Class C
    
32,800
      
9,409,008
  
             
11,230,302
  
                 
Publishing Industries - 5.0%
          
Microsoft Corp.
    
19,950
      
7,384,892
  
                 
Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 1.9%
          
Brookfield Corp.
    
54,125
      
2,190,439
  
IonQ, Inc. (a)
    
19,235
      
554,545
  
             
2,744,984
  
                 
Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers - 6.9%
          
Amazon.com, Inc. (a)
    
40,525
      
8,440,142
  
DoorDash, Inc. - Class A (a)
    
12,150
      
1,824,322
  
             
10,264,464
  
                 
Transportation Equipment Manufacturing - 7.1%
          
Boeing Co. (a)
    
17,175
      
3,418,340
  
Honeywell International, Inc.
    
19,675
      
4,447,140
  
Tesla, Inc. (a)
    
6,920
      
2,572,510
  
             
10,437,990
  
                 
Utilities - 4.4%
          
Constellation Energy Corp.
    
8,000
      
2,234,000
  
GE Vernova, Inc.
    
4,795
      
4,185,555
  
             
6,419,555
  
                 
Waste Management and Remediation Services - 1.6%
          
Waste Management, Inc.
    
10,225
      
2,349,603
  
TOTAL COMMON STOCKS (Cost $69,389,016)
      
132,928,854
  
                 
SHORT-TERM INVESTMENTS
  
MONEY MARKET FUNDS - 10.2%
                
First American Government Obligations Fund - Class X, 3.58% (b)
    
15,128,681
      
15,128,681
  
TOTAL MONEY MARKET FUNDS (Cost $15,128,681)
      
15,128,681
  
                 
TOTAL INVESTMENTS - 100.1% (Cost $84,517,697)
      
148,057,535
  
Liabilities in Excess of Other Assets - (0.1)%
      
(106,721
)
TOTAL NET ASSETS - 100.0%
          
$
147,950,814
  
                 
Percentages are stated as a percent of net assets.
          

ADR - American Depositary Receipt

(a)
Non-income producing security.
(b)
The rate shown represents the 7-day annualized yield as of March 31, 2026.
Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
 
Capital Advisors Growth Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of March 31, 2026:
 

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
  
$
132,928,854
    
$
–
    
$
–
    
$
132,928,854
  
  Money Market Funds
    
15,128,681
      
–
      
–
      
15,128,681
  
Total Investments
  
$
148,057,535
    
$
–
    
$
–
    
$
148,057,535