TIMOTHY PLAN SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Unaudited)
June 30, 2026
 
Shares             Fair Value
    COMMON STOCKS — 83.6%      
    AEROSPACE & DEFENSE - 3.4%      
23,859   AAR Corporation(a)       $ 3,410,167
18,424   Astronics Corporation(a)         1,497,134
3,685   Astronics Corporation, Class B(a)         280,045
46,732   York Space Systems, Inc.(a)         1,150,542
             

6,337,888

    AUTOMOTIVE - 2.2%      
24,746   Visteon Corporation         2,455,050
31,921   XPEL, Inc.(a)         1,583,282
             

4,038,332

    BANKING - 12.9%      
39,936   Atlantic Union Bankshares Corporation         1,689,692
25,055   City Holding Company         3,323,295
57,972   FB Financial Corporation         3,208,750
49,669   First Bancorp         3,175,339
73,899   National Bank Holdings Corporation, Class A         3,283,333
20,640   Nicolet Bankshares, Inc.         3,413,649
71,857   Renasant Corporation         3,056,797
94,539   Seacoast Banking Corporation of Florida         3,143,422
             

24,294,277

    BIOTECH & PHARMA - 0.8%      
32,658   Prestige Consumer Healthcare, Inc.(a)         1,543,744
             
 
    CHEMICALS - 2.6%      
9,520   Hawkins, Inc.         1,352,792
27,178   Sensient Technologies Corporation         3,350,775
             

4,703,567

    CONSTRUCTION MATERIALS - 2.4%      
35,123   Knife River Corporation(a)         2,938,039
33,094   Trex Company, Inc.(a)         1,656,024
             

4,594,063

    ELECTRIC UTILITIES - 2.2%      
53,483   Avista Corporation         2,187,990
24,778   MGE Energy, Inc.         2,020,398
             

4,208,388

 
 

 

TIMOTHY PLAN SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
June 30, 2026
 
Shares             Fair Value
    COMMON STOCKS — 83.6% (Continued)      
    ELECTRICAL EQUIPMENT - 4.8%      
60,747   Atmus Filtration Technologies, Inc.       $ 3,097,490
8,250   Bel Fuse, Inc., Class B         2,747,580
196,499   Hayward Holdings, Inc.(a)         3,401,397
             

9,246,467

    ENGINEERING & CONSTRUCTION - 3.1%      
13,552   Everus Construction Group, Inc.(a)         2,248,954
7,289   MYR Group, Inc.(a)         3,647,416
             

5,896,370

    FOOD - 1.0%      
95,913   Once Upon a Farm PBC(a)         1,964,298
             
 
    GAS & WATER UTILITIES - 1.7%      
146,245   MDU Resources Group, Inc.         3,101,856
             
 
    HEALTH CARE FACILITIES & SERVICES - 0.9%      
16,129   Addus HomeCare Corporation(a)         1,620,481
             
 
    HOME CONSTRUCTION - 1.4%      
37,374   Century Communities, Inc.         2,678,221
             
 
    HOUSEHOLD PRODUCTS - 2.8%      
45,761   Central Garden & Pet Company, Class A(a)         1,774,154
30,018   Interparfums, Inc.         3,357,814
             

5,131,968

    INDUSTRIAL INTERMEDIATE PROD - 3.2%      
15,861   AZZ, Inc.         2,459,248
9,768   Standex International Corporation         3,493,721
             

5,952,969

    INDUSTRIAL REIT - 0.8%      
28,792   LXP Industrial Trust         1,551,313
             
 
    INDUSTRIAL SUPPORT SERVICES - 0.9%      
22,527   Rush Enterprises, Inc., Class A         1,644,133
             
 
 
 

 

TIMOTHY PLAN SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
June 30, 2026
 
Shares             Fair Value
    COMMON STOCKS — 83.6% (Continued)      
    INSTITUTIONAL FINANCIAL SERVICES - 2.3%      
88,107   Perella Weinberg Partners       $ 1,406,188
40,121   Piper Sandler Cos         2,902,353
             

4,308,541

    INSURANCE - 2.2%      
85,544   Baldwin Insurance Group, Inc. (The)(a)         2,273,759
30,559   Skyward Specialty Insurance Group, Inc.(a)         1,783,118
             

4,056,877

    LEISURE FACILITIES & SERVICES - 1.3%      
30,185   Cheesecake Factory, Inc. (The)         2,400,915
             
 
    LEISURE PRODUCTS - 1.7%      
64,750   YETI Holdings, Inc.(a)         3,209,010
             
 
    MACHINERY - 0.8%      
9,522   Alamo Group, Inc.         1,566,274
             
 
    MEDICAL EQUIPMENT & DEVICES - 1.6%      
44,241   Merit Medical Systems, Inc.(a)         3,067,670
             
 
    METALS & MINING - 2.1%      
150,045   Centerra Gold, Inc.         2,379,714
50,305   Constellium S.E.(a)         1,603,220
             

3,982,934

    OFFICE REIT - 1.7%      
90,069   COPT Defense Properties         3,277,610
             
 
    OIL & GAS PRODUCERS - 4.7%      
10,352   Gulfport Energy Corporation(a)         1,756,734
123,159   Infinity Natural Resources, Inc., Class A(a)         1,564,119
114,321   Magnolia Oil & Gas Corporation, Class A         2,924,332
45,575   Par Pacific Holdings, Inc.(a)         2,555,846
             

8,801,031

 
 

 

TIMOTHY PLAN SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
June 30, 2026
 
Shares             Fair Value
    COMMON STOCKS — 83.6% (Continued)      
    OIL & GAS SERVICES & EQUIPMENT - 0.7%      
86,343   Expro Group Holdings N.V.(a)       $ 1,275,286
             
 
    REAL ESTATE INVESTMENT TRUSTS - 1.7%      
135,800   Urban Edge Properties         3,107,104
             
 
    REAL ESTATE SERVICES - 0.8%      
99,789   Newmark Group, Inc., Class A         1,507,812
             
 
    RETAIL - DISCRETIONARY - 3.3%      
49,026   Academy Sports & Outdoors, Inc.         2,310,596
12,224   Boot Barn Holdings, Inc.(a)         2,008,036
22,692   Sonic Automotive, Inc., Class A         1,924,055
             

6,242,687

    RETAIL REIT - 2.5%      
79,839   Curbline Properties Corporation         2,427,106
88,670   Four Corners Property Trust, Inc.         2,176,849
             

4,603,955

    SEMICONDUCTORS - 5.1%      
29,164   IPG Photonics Corporation(a)         3,421,520
31,461   Power Integrations, Inc.         2,635,173
46,431   Veeco Instruments, Inc.(a)         3,519,470
             

9,576,163

    SOFTWARE - 0.9%      
58,008   BlackLine, Inc.(a)         1,628,285
             
 
    TRANSPORTATION & LOGISTICS - 0.7%      
8,831   ArcBest Corporation         1,267,602
             
 
    TRANSPORTATION EQUIPMENT - 1.8%      
43,573   Blue Bird Corporation(a)         3,440,524
             
 
    WHOLESALE - DISCRETIONARY - 0.6%      
46,500   Climb Global Solutions, Inc.         1,079,265
             
 
 
 

 

TIMOTHY PLAN SMALL CAP VALUE FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
June 30, 2026
 
Shares             Fair Value
    COMMON STOCKS — 83.6% (Continued)      
    TOTAL COMMON STOCKS (Cost $131,342,821)    

$ 156,907,880
               
    EXCHANGE-TRADED FUND — 14.8%      
    EQUITY - 14.8%      
580,000   Timothy Plan US Small Cap Core ETF(b)         27,829,676
             
 
    TOTAL EXCHANGE-TRADED FUND (Cost $14,834,080)    

  27,829,676
               
    SHORT-TERM INVESTMENT — 1.9%      
    MONEY MARKET FUND - 1.9%      
3,479,975   Fidelity Investments Money Market Government Portfolio, Class I, 3.52%(c) (Cost $3,479,975)                        3,479,975
             
 
    TOTAL INVESTMENTS - 100.3% (Cost $149,656,876)     $ 188,217,531
    LIABILITIES IN EXCESS OF OTHER ASSETS - (0.3)%    

(572,697)
    NET ASSETS - 100.0%        

$ 187,644,834
           
               
 
                 

 

 

 

ETF  - Exchange-Traded Fund
N.V.  - Naamioze Vennootschap
PBC  - Public Benefit Corporation
REIT  - Real Estate Investment Trust
S.E.  - Societas Europa
   
 

 

 

 

 

(a) Non-income producing security.
(b) Investment in affiliate.
(c) Rate disclosed is the seven day effective yield as of June 30, 2026.