NPORT-P false 0001413594 XXXXXXXX S000020297 C000056979 C000056976 C000056974 C000056978 C000056977 abrdn Funds 811-22132 0001413594 549300U001OCRSJJXY43 1900 Market Street Suite 200 PHILADELPHIA 19103 215-405-5700 abrdn U.S. Small Cap Equity Fund S000020297 549300TNQR941YMI8Q62 2026-10-31 2026-04-30 N 374761675.80 432451.85 374329223.95 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N Camtek Ltd/Israel 5493000H80W07HCKGS43 000000000 39272.00000000 NS USD 7537082.24000000 2.013490200008 Long EC CORP IL N 1 N N N Ligand Pharmaceuticals Inc 5493008K7TB0IKP37H79 53220K504 28969.00000000 NS USD 6646937.05000000 1.775692792526 Long EC CORP US N 1 N N N Viavi Solutions Inc 5493006K3E3N1QOBF092 925550105 224239.00000000 NS USD 11750123.60000000 3.138981102252 Long EC CORP US N 1 N N N Mirion Technologies Inc 549300BNTOWVWFNVTJ65 60471A101 162416.00000000 NS USD 3207716.00000000 0.856923743797 Long EC CORP US N 1 N N N Enpro Inc 549300Y5CFT2LKCFDN54 29355X107 30900.00000000 NS USD 9008895.00000000 2.406676909950 Long EC CORP US N 1 N N N Catalyst Pharmaceuticals Inc 5299004O0R5XXLA5H544 14888U101 115500.00000000 NS USD 3249015.00000000 0.867956545234 Long EC CORP US N 1 N N N JFrog Ltd 2549002N8E00AY49G567 000000000 156684.00000000 NS USD 7276404.96000000 1.943851693762 Long EC CORP IL N 1 N N N Atmus Filtration Technologies Inc N/A 04956D107 135773.00000000 NS USD 8608008.20000000 2.299582199104 Long EC CORP US N 1 N N N WSFS Financial Corp 549300SU7VQHD6QRG886 929328102 145347.00000000 NS USD 10460623.59000000 2.794498243983 Long EC CORP US N 1 N N N Merit Medical Systems Inc 549300OYTY138SP2CE83 589889104 23548.00000000 NS USD 1605502.64000000 0.428901228458 Long EC CORP US N 1 N N N OMNIAB INC N/A 68218J301 58211.00000000 NS USD 0.06000000 0.000000016028 Long EC CORP US N 3 N N N Cohu Inc 529900FJPORJ3JJ2XS33 192576106 90519.00000000 NS USD 4286074.65000000 1.145001345279 Long EC CORP US N 1 N N N Supernus Pharmaceuticals Inc 549300GRM36VBKISYJ58 868459108 99772.00000000 NS USD 4789056.00000000 1.279370055446 Long EC CORP US N 1 N N N Ameris Bancorp PBJHNT51T5V6G5UQFV42 03076K108 112590.00000000 NS USD 9598297.50000000 2.564132556554 Long EC CORP US N 1 N N N Wintrust Financial Corp Q774KI4AW80FHFW33O61 97650W108 70576.00000000 NS USD 10626628.32000000 2.838845497518 Long EC CORP US N 1 N N N Knife River Corp N/A 498894104 71706.00000000 NS USD 6636390.30000000 1.772875286084 Long EC CORP US N 1 N N N Boot Barn Holdings Inc 529900QE1BFMYA3N4E71 099406100 47495.00000000 NS USD 8143017.75000000 2.175362549595 Long EC CORP US N 1 N N N StoneX Group Inc 549300JUF07L8VF02M60 861896108 84896.00000000 NS USD 9001522.88000000 2.404707488508 Long EC CORP US N 1 N N N Knowles Corp 5493003EO323TDZQU148 49926D109 243976.00000000 NS USD 7609611.44000000 2.032865978162 Long EC CORP US N 1 N N N AZZ Inc 549300HD1X2NFLWPYC83 002474104 66932.00000000 NS USD 9573953.28000000 2.557629131643 Long EC CORP US N 1 N N N Chefs' Warehouse Inc/The 549300JYEDC8C547E980 163086101 83426.00000000 NS USD 6473857.60000000 1.729455566329 Long EC CORP US N 1 N N N ANI Pharmaceuticals Inc 5493000T6CXTND40YH31 00182C103 87316.00000000 NS USD 6937256.20000000 1.853249961837 Long EC CORP US N 1 N N N ATS Corp 5493005KP4RP3IU7HQ41 00217Y104 233954.00000000 NS 7590350.63000000 2.027720558364 Long EC CORP CA N 1 N N N Vita Coco Co Inc/The 54930020WXOAWHR85Y25 92846Q107 106950.00000000 NS USD 7057630.50000000 1.885407296156 Long EC CORP US N 1 N N N Materion Corp 549300CJ5RI351SUYT02 576690101 59333.00000000 NS USD 10905998.73000000 2.913477770962 Long EC CORP US N 1 N N N Alphatec Holdings Inc 549300EZE8CQ8K65FS24 02081G201 475087.00000000 NS USD 4636849.12000000 1.238708821895 Long EC CORP US N 1 N N N Patrick Industries Inc 549300FZ5ZTCCJ3Z5W14 703343103 20911.00000000 NS USD 1944723.00000000 0.519522087930 Long EC CORP US N 1 N N N American Healthcare REIT Inc 2549004GGE2APGNT6O92 398182303 109939.00000000 NS USD 5582702.42000000 1.491388345555 Long EC US N 1 N N N PJT Partners Inc 549300W3WBEQUBKYTN87 69343T107 54326.00000000 NS USD 8297753.24000000 2.216699287445 Long EC CORP US N 1 N N N Cargurus Inc 54930027BKQN6B7X7G78 141788109 139196.00000000 NS USD 5075086.16000000 1.355781444592 Long EC CORP US N 1 N N N State Street Global Advisors 549300BZ5TGIFZUZDZ37 857492706 561033.28000000 NS USD 561033.28000000 0.149876965009 Long STIV RF US N 1 N N N NMI Holdings Inc 529900KNNGFXJX1C3Z08 629209305 133577.00000000 NS USD 5170765.67000000 1.381341701146 Long EC CORP US N 1 N N N Mueller Water Products Inc 549300F7ZU4P1F8V8L60 624758108 238341.00000000 NS USD 6647330.49000000 1.775797897865 Long EC CORP US N 1 N N N Griffon Corp 5493000C2SGNC7ZN3242 398433102 70418.00000000 NS USD 6420009.06000000 1.715070224081 Long EC CORP US N 1 N N N Banner Corp N/A 06652V208 121095.00000000 NS USD 8102466.45000000 2.164529492114 Long EC CORP US N 1 N N N OneSpaWorld Holdings Ltd 5493007W8PZ8W6UC2X76 000000000 358562.00000000 NS USD 8842138.92000000 2.362128937381 Long EC CORP BS N 1 N N N Ducommun Inc 549300Z71HMWF90S2214 264147109 74625.00000000 NS USD 10591526.25000000 2.829468171957 Long EC CORP US N 1 N N N Skyward Specialty Insurance Group Inc 549300GXGXJG0YH4VN21 830940102 107990.00000000 NS USD 4908145.50000000 1.311184162488 Long EC CORP US N 1 N N N Helios Technologies Inc 5493000BCJSMIDRNTI78 42328H109 105444.00000000 NS USD 7212369.60000000 1.926744998398 Long EC CORP US N 1 N N N Seacoast Banking Corp of Florida 549300V6IC06XYQYPG88 811707801 281928.00000000 NS USD 8872274.16000000 2.370179401538 Long EC CORP US N 1 N N N ONE Gas Inc 549300HXDWI0LATTX840 68235P108 21815.00000000 NS USD 1946334.30000000 0.519952537892 Long EC CORP US N 1 N N N Aritzia Inc 549300U83HKFRL1EX527 04045U102 61467.00000000 NS 6487667.97000000 1.733144930962 Long EC CORP CA N 1 N N N ArcBest Corp 5493006S3KBNE8ZS3J23 03937C105 48859.00000000 NS USD 6232942.63000000 1.665096452857 Long EC CORP US N 1 N N N OMNIAB INC N/A 68218J202 58211.00000000 NS USD 0.06000000 0.000000016028 Long EC CORP US N 3 N N N Magnolia Oil & Gas Corp N/A 559663109 278058.00000000 NS USD 8408473.92000000 2.246277710105 Long EC CORP US N 1 N N N Impinj Inc 549300M26VGKSMMWWN17 453204109 54461.00000000 NS USD 7892488.12000000 2.108434932415 Long EC CORP US N 1 N N N Garrett Motion Inc 549300LS5WT7EMBNV724 366505105 270866.00000000 NS USD 6936878.26000000 1.853148997238 Long EC CORP US N 1 N N N Smartstop Self Storage REIT Inc 549300EC266625K12S42 83192D402 131087.00000000 NS USD 4126618.76000000 1.102403578447 Long EC US N 1 N N N State Street Global Advisors 549300BZ5TGIFZUZDZ37 857492706 1118522.45000000 NS USD 1118522.45000000 0.298807140462 Long STIV RF US N 1 N N N Arcutis Biotherapeutics Inc N/A 03969K108 74689.00000000 NS USD 1734278.58000000 0.463303014843 Long EC CORP US N 1 N N N Casella Waste Systems Inc 8EU0XUFVJ48U37IIDH51 147448104 91315.00000000 NS USD 7236713.75000000 1.933248404609 Long EC CORP US N 1 N N N Quaker Chemical Corp 549300PJQ1R3WCWCPS54 747316107 44361.00000000 NS USD 6028216.29000000 1.610404933493 Long EC CORP US N 1 N N N Donnelley Financial Solutions Inc 549300O1NPY4J56QCU04 25787G100 49815.00000000 NS USD 2505694.50000000 0.669382548751 Long EC CORP US N 1 N N N Kiniksa Pharmaceuticals International Plc N/A 000000000 157393.00000000 NS USD 8464595.54000000 2.261270293214 Long EC CORP GB N 1 N N N elf Beauty Inc 549300U2K9TCON25C029 26856L103 66151.00000000 NS USD 4231679.47000000 1.130469971151 Long EC CORP US N 1 N N N Everus Construction Group Inc 2549006JMMHR0KILT425 300426103 80791.00000000 NS USD 11911017.13000000 3.181962926728 Long EC CORP US N 1 N N N Steven Madden Ltd 549300Z9GZ7GYJWSGF43 556269108 98137.00000000 NS USD 3686025.72000000 0.984701563266 Long EC CORP US N 1 N N N Q2 Holdings Inc 549300M9RKR9DZXWS696 74736L109 110962.00000000 NS USD 5631321.50000000 1.504376666234 Long EC CORP US N 1 N N N KB Home 549300LGUCWQURMWLG09 48666K109 50880.00000000 NS USD 2696131.20000000 0.720256669129 Long EC CORP US N 1 N N N Brinker International Inc 52990067JY6PBGJNTG76 109641100 38794.00000000 NS USD 5905998.56000000 1.577755136956 Long EC CORP US N 1 N N N 2026-05-14 abrdn Funds Michael Marsico Michael Marsico Treasurer