| Shares | Value | |
| Common Stocks — 99.0% | ||
| Communication Services — 1.4% | ||
| 8,237 | Nexstar Media Group, Inc. | $1,471,046 |
| Consumer Discretionary — 12.0% | ||
| 6,420 | Boot Barn Holdings, Inc.* | 1,054,613 |
| 7,970 | Burlington Stores, Inc.* | 2,524,896 |
| 11,290 | Cava Group, Inc.* | 886,039 |
| 9,080 | Dorman Products, Inc.* | 1,238,966 |
| 4,696 | Installed Building Products, Inc. | 1,079,329 |
| 5,458 | LCI Industries | 577,893 |
| 41,860 | Life Time Group Holdings, Inc.* | 1,709,563 |
| 22,300 | Ollie’s Bargain Outlet Holdings, Inc.* | 1,714,424 |
| 13,760 | Planet Fitness, Inc., Class A* | 717,859 |
| 6,940 | Texas Roadhouse, Inc. | 1,341,016 |
| 12,844,598 | ||
| Consumer Staples — 3.3% | ||
| 14,860 | Chefs’ Warehouse, Inc. (The)* | 1,428,046 |
| 18,821 | Performance Food Group Co.* | 2,104,000 |
| 3,532,046 | ||
| Energy — 3.1% | ||
| 43,460 | Archrock, Inc. | 1,769,256 |
| 39,180 | Oceaneering International, Inc.* | 1,587,574 |
| 3,356,830 | ||
| Financials — 8.6% | ||
| 34,040 | Baldwin Insurance Group, Inc. (The)* | 904,783 |
| 8,776 | FirstCash Holdings, Inc. | 1,898,424 |
| 7,812 | Jack Henry & Associates, Inc. | 1,076,025 |
| 2,007 | Kinsale Capital Group, Inc. | 661,929 |
| 12,370 | Shift4 Payments, Inc., Class A* | 601,677 |
| 24,700 | Stifel Financial Corp. | 1,723,319 |
| 7,673 | WEX, Inc.* | 1,082,583 |
| 7,730 | Wintrust Financial Corp. | 1,242,366 |
| 9,191,106 | ||
| Health Care — 19.2% | ||
| 80,210 | ADMA Biologics, Inc.* | 671,358 |
| 117,570 | Alphatec Holdings, Inc.* | 1,016,981 |
| 22,890 | Bio-Techne Corp. | 1,617,179 |
| 5,370 | Charles River Laboratories International, Inc.* | 1,217,862 |
| 26,797 | Haemonetics Corp.* | 2,009,775 |
| 11,784 | HealthEquity, Inc.* | 1,064,331 |
| 16,180 | Integer Holdings Corp.* | 1,512,021 |
| 2,910 | Medpace Holdings, Inc.* | 1,541,107 |
| 26,908 | Merit Medical Systems, Inc.* | 1,865,801 |
| 31,050 | RadNet, Inc.* | 1,914,853 |
| Shares | Value | |
| 13,450 | Repligen Corp.* | $1,835,118 |
| 79,460 | Stevanato Group SpA | 1,435,842 |
| 4,000 | UFP Technologies, Inc.* | 1,060,520 |
| 42,060 | Vericel Corp.* | 1,871,249 |
| 20,633,997 | ||
| Industrials — 28.5% | ||
| 9,410 | AAR Corp.* | 1,344,971 |
| 7,900 | AGCO Corp. | 945,630 |
| 5,263 | Applied Industrial Technologies, Inc. | 1,779,683 |
| 4,930 | CACI International, Inc., Class A* | 2,283,872 |
| 15,560 | CBIZ, Inc.* | 499,165 |
| 2,580 | CSW Industrials, Inc. | 718,014 |
| 4,530 | Dycom Industries, Inc.* | 2,290,323 |
| 7,080 | EnPro Industries, Inc. | 2,668,664 |
| 9,010 | Esab Corp. | 888,656 |
| 4,280 | ESCO Technologies, Inc. | 1,498,171 |
| 45,675 | ExlService Holdings, Inc.* | 1,181,156 |
| 29,050 | GXO Logistics, Inc.* | 1,472,835 |
| 11,462 | ICF International, Inc. | 835,121 |
| 11,850 | JBT Marel Corp. | 1,718,250 |
| 4,377 | Landstar System, Inc. | 905,207 |
| 24,624 | Mercury Systems, Inc.* | 3,012,254 |
| 3,090 | MYR Group, Inc.* | 1,546,236 |
| 6,190 | Paylocity Holding Corp.* | 647,041 |
| 4,660 | RBC Bearings, Inc.* | 3,001,320 |
| 48,520 | Tetra Tech, Inc. | 1,401,743 |
| 30,638,312 | ||
| Information Technology — 19.0% | ||
| 56,170 | Alkami Technology, Inc.* | 1,017,800 |
| 6,770 | Appfolio, Inc., Class A* | 1,085,569 |
| 6,373 | Badger Meter, Inc. | 945,626 |
| 7,790 | Camtek Ltd.* | 1,270,705 |
| 71,350 | Cellebrite DI Ltd.* | 1,041,710 |
| 22,270 | Descartes Systems Group, Inc. (The)* | 1,541,975 |
| 25,400 | Dynatrace, Inc.* | 1,115,314 |
| 14,968 | ePlus, Inc. | 1,245,787 |
| 21,660 | JFrog Ltd.* | 1,968,461 |
| 3,208 | Littelfuse, Inc. | 1,460,699 |
| 6,953 | Manhattan Associates, Inc.* | 968,205 |
| 43,950 | Mirion Technologies, Inc.* | 788,023 |
| 7,386 | Novanta, Inc.* | 1,198,305 |
| 9,060 | Onto Innovation, Inc.* | 3,428,757 |
| 3,590 | OSI Systems, Inc.* | 785,133 |
| 9,632 | SPS Commerce, Inc.* | 550,661 |
| 20,412,730 | ||
| Shares | Value | |
| Materials — 2.6% | ||
| 7,855 | AptarGroup, Inc. | $983,446 |
| 4,808 | Balchem Corp. | 812,312 |
| 6,900 | Hawkins, Inc. | 980,490 |
| 2,776,248 | ||
| Real Estate — 1.3% | ||
| 9,024 | Lamar Advertising Co., REIT, Class A | 1,407,563 |
| Total Common Stocks | 106,264,476 | |
| (Cost $92,252,273) | ||
| Investment Company — 1.7% | ||
| 1,822,672 | RBC BlueBay U.S. Government Money Market Fund, Institutional Class 1(a) | 1,822,672 |
| Total Investment Company | 1,822,672 | |
| (Cost $1,822,672) | ||
| Total Investments | $108,087,148 | |
| (Cost $94,074,945) — 100.7% | ||
| Liabilities in excess of other assets — (0.7)% | (753,927) | |
| NET ASSETS — 100.0% | $107,333,221 | |
| (a) | Affiliated investment. |
| * | Non-income producing security. |
| Abbreviations used are defined below: |
| REIT - Real Estate Investment Trust |