| EMPIRIC FUND | |||||||
| SCHEDULE OF INVESTMENTS (Unaudited) | |||||||
| June 30, 2026 | |||||||
| Shares | Fair Value | ||||||
| COMMON STOCKS — 95.6% | |||||||
| ASSET MANAGEMENT - 2.6% | |||||||
| 2,538 | LPL Financial Holdings, Inc. | $ 714,904 | |||||
| BANKING - 0.9% | |||||||
| 19,000 | NU Holdings Ltd./Cayman Islands, Class A(a) | 253,840 | |||||
| BEVERAGES - 8.2% | |||||||
| 11,645 | Coca-Cola Consolidated, Inc.(b) | 2,223,263 | |||||
| BIOTECH & PHARMA - 2.4% | |||||||
| 8,166 | Halozyme Therapeutics, Inc.(a)(b) | 639,153 | |||||
| COMMERCIAL SUPPORT SERVICES - 1.5% | |||||||
| 4,205 | Brink's Company (The) | 397,330 | |||||
| E-COMMERCE DISCRETIONARY - 3.0% | |||||||
| 475 | MercadoLibre, Inc.(a) | 806,260 | |||||
| ELECTRICAL EQUIPMENT - 1.0% | |||||||
| 934 | Generac Holdings, Inc.(a) | 273,485 | |||||
| ENGINEERING & CONSTRUCTION - 15.3% | |||||||
| 1,200 | EMCOR Group, Inc. | 995,856 | |||||
| 2,860 | Quanta Services, Inc. | 2,059,314 | |||||
| 1,300 | Sterling Infrastructure, Inc.(a) | 1,091,168 | |||||
|
4,146,338 | |||||||
| HEALTH CARE FACILITIES & SERVICES - 3.7% | |||||||
| 435 | Chemed Corporation | 202,597 | |||||
| 1,511 | Medpace Holdings, Inc.(a) | 800,211 | |||||
|
1,002,808 | |||||||
| INDUSTRIAL SUPPORT SERVICES - 4.9% | |||||||
| 1,160 | United Rentals, Inc. | 1,314,152 | |||||
| EMPIRIC FUND | |||||||
| SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
| June 30, 2026 | |||||||
| Shares | Fair Value | ||||||
| COMMON STOCKS — 95.6% (Continued) | |||||||
| INSURANCE - 0.4% | |||||||
| 377 | Assurant, Inc. | $ 101,236 | |||||
| INTERNET MEDIA & SERVICES - 2.8% | |||||||
| 10,650 | Uber Technologies, Inc.(a) | 768,504 | |||||
| MACHINERY - 5.2% | |||||||
| 5,500 | Donaldson Company, Inc. | 493,735 | |||||
| 3,466 | Lincoln Electric Holdings, Inc. | 920,258 | |||||
|
1,413,993 | |||||||
| MEDICAL EQUIPMENT & DEVICES - 1.9% | |||||||
| 6,429 | Globus Medical, Inc., Class A(a) | 507,955 | |||||
| OIL & GAS PRODUCERS - 1.3% | |||||||
| 640 | Murphy USA, Inc. | 344,877 | |||||
| RETAIL - CONSUMER STAPLES - 7.7% | |||||||
| 6,800 | BJ's Wholesale Club Holdings, Inc.(a) | 593,096 | |||||
| 1,874 | Casey's General Stores, Inc. | 1,489,436 | |||||
|
2,082,532 | |||||||
| RETAIL - DISCRETIONARY - 5.4% | |||||||
| 140 | AutoZone, Inc.(a) | 447,432 | |||||
| 6,000 | O'Reilly Automotive, Inc.(a) | 552,540 | |||||
| 1,937 | Williams-Sonoma, Inc. | 451,515 | |||||
|
1,451,487 | |||||||
| SEMICONDUCTORS - 7.6% | |||||||
| 500 | Monolithic Power Systems, Inc. | 691,180 | |||||
| 2,811 | Teradyne, Inc. | 1,360,074 | |||||
|
2,051,254 | |||||||
| SOFTWARE - 11.9% | |||||||
| 9,730 | Agilysys, Inc.(a) | 1,016,785 | |||||
| 4,923 | Calix, Inc.(b) | 183,726 | |||||
| 6,354 | CommVault Systems, Inc.(a)(b) | 900,552 | |||||
| 11,300 | Doximity, Inc., Class A(a) | 234,362 | |||||
| EMPIRIC FUND | ||||||||
| SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | ||||||||
| June 30, 2026 | ||||||||
| Shares | Fair Value | |||||||
| COMMON STOCKS — 95.6% (Continued) | ||||||||
| SOFTWARE - 11.9% (Continued) | ||||||||
| 5,650 | Fortinet, Inc.(a) | $ 867,953 | ||||||
|
3,203,378 | ||||||||
| TECHNOLOGY SERVICES - 6.3% | ||||||||
| 737 | Fair Isaac Corporation(a) | 880,553 | ||||||
| 1,600 | Mastercard, Inc., Class A | 821,760 | ||||||
|
1,702,313 | ||||||||
| TRANSPORTATION & LOGISTICS - 1.6% | ||||||||
| 2,160 | Landstar System, Inc. | 446,710 | ||||||
| TOTAL COMMON STOCKS (Cost $9,715,581) |
25,845,772 | |||||||
| Shares | Fair Value | |||||||
| SHORT-TERM INVESTMENTS — 14.2% | ||||||||
| COLLATERAL FOR SECURITIES LOANED - 14.2% | ||||||||
| 3,825,188 | Mount Vernon Liquid Assets Portfolio, LLC, 3.71% (Cost $3,825,188)(c),(d) | 3,825,188 | ||||||
| TOTAL INVESTMENTS – 109.8% (Cost $13,540,769) | $ 29,670,960 | |||||||
| LIABILITES IN EXCESS OF OTHER ASSETS – (9.8)% |
(2,652,284) | |||||||
| NET ASSETS - 100.0% |
$ 27,018,676 | |||||||
| LTD | - Limited Company |
| LLC | - Limited Liability Company |
|
(a) (b) |
Non-income producing security. All or a portion of the security is on loan. The total fair value of the securities on loan as of June 30, 2026 was $3,725,142. |
|
(c) (d) |
Rate disclosed is the seven day effective yield as of June 30, 2026. Security was purchased with cash received as collateral for securities on loan at June 30, 2026. Total collateral had a value of $3,825,188 at June 30, 2026. |