Chase Growth Fund
|
|||||||
Schedule of Investments
|
|||||||
at December 31, 2022 (Unaudited)
|
|||||||
Shares
|
Value
|
||||||
COMMON STOCKS - 97.9%
|
|||||||
Agriculture - 2.8%
|
|||||||
28,782
|
Corteva, Inc.
|
$
|
1,691,806
|
||||
Auto Components - 2.8%
|
|||||||
12,594
|
Visteon Corp. *
|
1,647,673
|
|||||
Auto/Auto Parts - 3.0%
|
|||||||
717
|
AutoZone, Inc. *
|
1,768,251
|
|||||
Biotechnology - 1.5%
|
|||||||
3,208
|
Vertex Pharmaceuticals, Inc. *
|
926,406
|
|||||
Brokerage - 5.7%
|
|||||||
17,193
|
Interactive Brokers Group, Inc. - Class A
|
1,243,914
|
|||||
9,900
|
LPL Financial Holdings, Inc.
|
2,140,083
|
|||||
3,383,997
|
|||||||
Business Services - 2.3%
|
|||||||
8,142
|
ExlService Holdings, Inc. *
|
1,379,499
|
|||||
Computer - Networking - 1.5%
|
|||||||
7,162
|
Arista Networks, Inc. *
|
869,109
|
|||||
Computer Hardware - 4.5%
|
|||||||
20,711
|
Apple, Inc.
|
2,690,980
|
|||||
Computer Software - 7.0%
|
|||||||
4,109
|
Autodesk, Inc. *
|
767,849
|
|||||
14,180
|
Microsoft Corp.
|
3,400,647
|
|||||
4,168,496
|
|||||||
Computer Software & Services - 2.3%
|
|||||||
15,012
|
Amdocs Ltd. +
|
1,364,591
|
|||||
Conglomerates - 3.2%
|
|||||||
8,208
|
Carlisle Companies, Inc.
|
1,934,215
|
|||||
Containers - 2.0%
|
|||||||
53,101
|
Graphic Packaging Holding Co.
|
1,181,497
|
|||||
Drugs - Proprietary - 4.8%
|
|||||||
12,730
|
AbbVie, Inc.
|
2,057,295
|
|||||
5,598
|
Zoetis, Inc. - Class A
|
820,387
|
|||||
2,877,682
|
|||||||
Electrical Components - 1.4%
|
|||||||
6,535
|
WESCO International, Inc. *
|
818,182
|
|||||
Energy/Oil & Gas Exploration & Production - 1.7%
|
|||||||
4,453
|
Pioneer Natural Resources Co.
|
1,017,021
|
|||||
Energy/Solar - 3.4%
|
|||||||
7,580
|
Enphase Energy, Inc. *
|
2,008,397
|
|||||
Engineering/Construction - 4.5%
|
|||||||
8,513
|
Quanta Services, Inc.
|
1,213,102
|
|||||
4,452
|
Valmont Industries, Inc.
|
1,472,143
|
|||||
2,685,245
|
|||||||
Finance/Information Services - 1.6%
|
|||||||
4,738
|
Visa, Inc. - Class A
|
984,367
|
|||||
Financial Services - Diversified - 1.3%
|
|||||||
5,420
|
American Express Co.
|
800,805
|
|||||
Food - 1.9%
|
|||||||
12,850
|
Lamb Weston Holdings, Inc.
|
1,148,276
|
|||||
Food & Staples Retailing - 2.4%
|
|||||||
21,504
|
BJ's Wholesale Club Holdings, Inc. *
|
1,422,705
|
|||||
Footwear - 5.1%
|
|||||||
18,390
|
Crocs, Inc. *
|
1,994,028
|
|||||
2,690
|
Deckers Outdoor Corp. *
|
1,073,740
|
|||||
3,067,768
|
|||||||
Health Care Benefits - 1.9%
|
|||||||
2,155
|
UnitedHealth Group, Inc.
|
1,142,538
|
|||||
Health Care Distribution - 1.2%
|
|||||||
4,470
|
AmerisourceBergen Corp.
|
740,724
|
|||||
Industrial Distributors - 3.2%
|
|||||||
3,459
|
W. W. Grainger, Inc.
|
1,924,069
|
|||||
Insurance - Property/Casualty/Title - 2.9%
|
|||||||
14,227
|
Arch Capital Group, Ltd. *+
|
893,171
|
|||||
2,483
|
Everest Re Group, Ltd. +
|
822,544
|
|||||
1,715,715
|
|||||||
Internet Software & Services - 3.4%
|
|||||||
23,000
|
Alphabet, Inc. - Class A *
|
2,029,290
|
|||||
Machinery - 2.4%
|
|||||||
12,715
|
Toro Co.
|
1,439,338
|
|||||
Railroad - 1.6%
|
|||||||
12,631
|
Canadian Pacific Railway, Ltd. +
|
942,146
|
|||||
Retail - Discount - 2.3%
|
|||||||
9,898
|
Dollar Tree, Inc. *
|
1,399,973
|
|||||
Retail - Specialty - 2.9%
|
|||||||
3,646
|
Ulta Beauty, Inc. *
|
1,710,229
|
|||||
Semiconductors - 3.4%
|
|||||||
13,752
|
NVIDIA Corp.
|
2,009,717
|
|||||
Steel - 3.9%
|
|||||||
34,670
|
Howmet Aerospace, Inc.
|
1,366,345
|
|||||
27,515
|
Tenaris S.A. - ADR
|
967,427
|
|||||
2,333,772
|
|||||||
Utilities Electric/Gas - 2.1%
|
|||||||
19,753
|
National Fuel Gas Co.
|
1,250,365
|
|||||
TOTAL COMMON STOCKS (Cost $48,227,175)
|
58,474,844
|
||||||
MONEY MARKET FUND - 2.3%
|
|||||||
1,379,073
|
Invesco STIT Treasury Portfolio - Institutional Class, 4.20% #
|
1,379,073
|
|||||
TOTAL MONEY MARKET FUND (Cost $1,379,073)
|
1,379,073
|
||||||
Total Investments in Securities (Cost $49,606,248) - 100.2%
|
59,853,917
|
||||||
Liabilities in Excess of Other Assets - (0.2)%
|
(108,015
|
)
|
|||||
NET ASSETS - 100.0%
|
$
|
59,745,902
|
|||||
ADR
|
American Depository Receipt
|
||||||
*
|
Non-income producing security.
|
||||||
+
|
U.S. traded security of a foreign issuer.
|
||||||
#
|
Rate shown is the 7-day annualized yield as of December 31, 2022.
|
||||||
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor's Financial
Services LLC (“S&P”). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bancorp Fund Services, LLC.
|
|||||||
Chase Growth Fund
|
|||||||||
Summary of Fair Value Disclosure at December 31, 2022 (Unaudited)
|
|||||||||
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Accounting principles generally accepted in the United
|
|||||||||
States of America ("U.S. GAAP") establish a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are:
|
|||||||||
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
|
|||||||||
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may
|
|||||||||
include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves,
|
|||||||||
default rates and similar data.
|
|||||||||
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions
|
|||||||||
about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
|
|||||||||
The following is a summary of the inputs used to value the Fund's investments as of December 31, 2022:
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
Common Stocks
|
||||||||||||||||
Communication Services
|
$
|
2,029,290
|
$
|
-
|
$
|
-
|
$
|
2,029,290
|
||||||||
Consumer Discretionary
|
9,593,895
|
-
|
-
|
9,593,895
|
||||||||||||
Consumer Staples
|
2,570,981
|
-
|
-
|
2,570,981
|
||||||||||||
Energy
|
1,984,448
|
-
|
-
|
1,984,448
|
||||||||||||
Financials
|
5,900,516
|
-
|
-
|
5,900,516
|
||||||||||||
Health Care
|
5,687,350
|
-
|
-
|
5,687,350
|
||||||||||||
Industrials
|
11,109,540
|
-
|
-
|
11,109,540
|
||||||||||||
Materials
|
2,873,303
|
-
|
-
|
2,873,303
|
||||||||||||
Technology
|
15,475,156
|
-
|
-
|
15,475,156
|
||||||||||||
Utilities
|
1,250,365
|
-
|
-
|
1,250,365
|
||||||||||||
Total Common Stocks
|
58,474,844
|
-
|
-
|
58,474,844
|
||||||||||||
Money Market Fund
|
1,379,073
|
-
|
-
|
1,379,073
|
||||||||||||
Total Investments in Securities
|
$
|
59,853,917
|
$
|
-
|
$
|
-
|
$
|
59,853,917
|
||||||||
Refer to the Fund’s schedule of investments for a detailed break-out of common stocks by industry classification.
|