SCHEDULE OF INVESTMENTS

COMMON STOCK** — 95.6%

Shares

Value

Communication Services — 1.9%

Sphere Entertainment *

20,818

3,602,139

Consumer Discretionary — 14.1%

Callaway Golf *

291,020

5,468,266

Cava Group *

16,578

1,301,041

Kontoor Brands

38,250

3,187,755

Life Time Group Holdings *

66,640

2,721,578

Lincoln Educational Services *

78,440

3,914,156

Lindblad Expeditions Holdings *

63,722

1,799,509

Rush Street Interactive, Cl A *

85,342

2,538,071

Steven Madden

54,148

2,279,631

Target Hospitality *

59,965

1,220,887

Victoria's Secret *

17,293

1,443,620

YETI Holdings *

29,091

1,441,750

27,316,264

Consumer Staples — 2.5%

Chefs' Warehouse *

19,358

1,860,304

Once Upon a Farm PBC *

147,275

3,016,192

4,876,496

Energy — 1.6%

Par Pacific Holdings *

54,968

3,082,605

Financials — 4.5%

Happen *

117,248

2,431,723

Piper Sandler

19,232

1,391,243

Seacoast Banking Corp of Florida

39,684

1,319,493

Wintrust Financial

22,512

3,618,129

8,760,588

Health Care — 19.9%

Axsome Therapeutics *

13,531

3,311,983

Bridgebio Pharma *

43,183

3,216,270

Cytokinetics *

29,434

2,507,482

Dianthus Therapeutics *

29,632

2,888,527

Enliven Therapeutics *

73,686

3,739,565

Inhibrx Biosciences *

4,016

380,516

Kymera Therapeutics *

9,443

1,082,829

Mirum Pharmaceuticals *

21,185

2,480,128

Palvella Therapeutics *

9,244

1,412,668

Revolution Medicines *

38,164

7,147,354

Rhythm Pharmaceuticals *

21,643

2,403,022

Roivant Sciences *

50,663

1,792,964

Scholar Rock Holding *

16,316

897,380

COMMON STOCK** — continued

Shares

Value

Health Care — continued

Vaxcyte *

24,625

1,431,451

Xenon Pharmaceuticals *

61,583

3,717,150

38,409,289

Industrials — 25.9%

Argan

2,103

1,679,351

Astronics *

27,004

2,194,345

Astronics, Cl B *

5,401

410,461

BWX Technologies

34,282

6,672,991

Cardinal Infrastructure Group, Cl A *

12,179

1,147,262

Carpenter Technology

7,227

4,457,903

Construction Partners, Cl A *

14,792

1,756,846

Crane

4,662

1,039,952

Everus Construction Group *

11,014

1,827,773

Flowserve

27,673

2,052,230

FTAI Aviation

11,354

3,071,598

Graham *

5,648

699,166

Joby Aviation *

80,422

717,364

Modine Manufacturing *

19,415

5,184,193

Moog, Cl A

3,250

1,377,480

Nextpower, Cl A *

11,940

1,422,531

Planet Labs PBC *

66,036

2,187,773

Powell Industries

10,647

3,048,875

Saia *

2,018

849,901

Sterling Infrastructure *

5,197

4,362,154

TFI International

27,772

3,987,226

50,147,375

Information Technology — 20.4%

Advanced Energy Industries

8,147

3,037,772

Appfolio, Cl A *

2,638

423,003

Applied Digital *

9,190

342,787

Applied Optoelectronics *

8,593

1,273,139

Cipher Digital *

19,797

485,026

Cohu *

18,906

1,397,342

Core Scientific *

33,096

846,927

DigitalOcean Holdings *

3,561

559,184

D-Wave Quantum *

43,672

1,047,691

Fabrinet *

2,766

1,554,713

FormFactor *

3,154

504,419

Hut 8 *

4,050

467,552

InterDigital

1,946

550,971

Lattice Semiconductor *

24,522

3,750,885

MACOM Technology Solutions Holdings *

7,423

2,823,487

COMMON STOCK** — continued

Shares

Value

Information Technology — continued

MaxLinear, Cl A *

9,653

1,235,874

Nova *

3,962

2,151,128

Onto Innovation *

5,230

1,979,294

Rambus *

9,871

1,310,277

Rigetti Computing *

37,422

722,993

Riot Platforms *

17,475

478,466

Sanmina *

3,531

893,625

Semtech *

15,180

2,456,883

SiTime *

4,551

3,393,044

Terawulf *

12,557

310,158

Ultra Clean Holdings *

11,460

1,634,081

Unity Software *

38,421

1,098,072

Varonis Systems, Cl B *

12,951

543,424

Viavi Solutions *

38,196

1,823,859

Zeta Global Holdings, Cl A *

21,719

427,430

39,523,506

Materials — 1.4%

Century Aluminum *

30,830

1,418,488

MP Materials *

21,223

1,188,700

2,607,188

Real Estate — 3.0%

Compass, Cl A *

85,939

1,059,628

Ryman Hospitality Properties ‡

11,562

1,486,295

Tanger ‡

84,074

3,318,401

5,864,324

Utilities — 0.4%

Ormat Technologies

6,726

732,461

Total Common Stock

(Cost $118,404,262)

184,922,235

EXCHANGE-TRADED FUND — 0.5%

Domestic Equity — 0.5%

iShares Russell 2000 Growth ETF

2,625

1,034,145

Total Exchange-Traded Fund

(Cost $852,452)

1,034,145

Total Investments - 96.1%

(Cost $119,256,714)

185,956,380