ISSACHAR FUND
SCHEDULE OF INVESTMENTS (Unaudited)
December 31, 2023
 
Shares             Fair Value
    COMMON STOCKS — 98.1%      
    AEROSPACE & DEFENSE - 5.9%      
3,900   Hexcel Corporation       $ 287,625
10,700   Howmet Aerospace, Inc.         579,084
             

866,709

    BIOTECH & PHARMA - 4.2%      
4,700   Neurocrine Biosciences, Inc.(a)         619,272
             
 
    COMMERCIAL SUPPORT SERVICES - 1.1%      
1,800   Brink's Company (The)         158,310
             
 
    CONSTRUCTION MATERIALS - 4.1%      
1,200   Martin Marietta Materials, Inc.         598,692
             
 
    DIVERSIFIED INDUSTRIALS - 1.1%      
1,300   ITT, Inc.         155,116
             
 
    ELECTRICAL EQUIPMENT - 3.2%      
3,700   A O Smith Corporation         305,028
4,700   API Group Corporation(a)         162,620
             

467,648

    ENGINEERING & CONSTRUCTION - 3.1%      
1,400   Comfort Systems USA, Inc.         287,938
3,600   Limbach Holdings, Inc.(a)         163,692
             

451,630

    FORESTRY, PAPER & WOOD PRODUCTS - 2.2%      
3,900   Trex Company, Inc.(a)         322,881
             
 
    LEISURE FACILITIES & SERVICES - 3.1%      
1,800   Wingstop, Inc.         461,844
             
 
    LEISURE PRODUCTS - 1.1%      
600   Axon Enterprise, Inc.(a)         154,998
             
 
    MACHINERY - 6.0%      
2,800   Curtiss-Wright Corporation         623,812
 
 

 

ISSACHAR FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
December 31, 2023
 
Shares             Fair Value
    COMMON STOCKS — 98.1% (Continued)      
    MACHINERY - 6.0% (Continued)      
600   Parker-Hannifin Corporation       $ 276,420
             

900,232

    OIL & GAS SERVICES & EQUIPMENT - 2.1%      
19,600   Archrock, Inc.         301,840
             
 
    SEMICONDUCTORS - 1.2%      
2,300   ARM Holdings plc - ADR(a)         172,834
             
 
    SOFTWARE - 43.1%      
18,300   ACI Worldwide, Inc.(a)         559,980
9,300   Cloudflare, Inc., Class A(a)         774,318
1,400   CyberArk Software Ltd.(a)         306,670
4,900   Datadog, Inc., Class A(a)         594,762
13,100   Dynatrace, Inc.(a)         716,439
1,300   MongoDB, Inc.(a)         531,505
7,100   PROS Holdings, Inc.(a)         275,409
14,700   Rapid7, Inc.(a)         839,370
6,100   Shopify, Inc., Class A(a)         475,190
3,500   Snowflake, Inc.(a)         696,500
10,900   UiPath, Inc., Class A(a)         270,756
1,400   Zscaler, Inc.(a)         310,184
             

6,351,083

    TECHNOLOGY HARDWARE - 4.2%      
2,600   Arista Networks, Inc.(a)         612,326
             
 
    TECHNOLOGY SERVICES - 5.9%      
7,500   Shift4 Payments, Inc.(a)         557,550
17,900   StoneCompany Ltd.(a)         322,737
             

880,287

    TRANSPORTATION & LOGISTICS - 5.5%      
6,100   Ryanair Holdings plc - ADR(a)         813,496
             
 
 
 

 

ISSACHAR FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
December 31, 2023
 
Shares             Fair Value
    COMMON STOCKS — 98.1% (Continued)      
    TRANSPORTATION EQUIPMENT - 1.0%      
1,500   PACCAR, Inc.       $ 146,475
             
 
    TOTAL COMMON STOCKS (Cost $13,559,590)    

  14,435,673

               
    SHORT-TERM INVESTMENTS — 2.4%      
    MONEY MARKET FUNDS - 2.4%      
355,926   Fidelity Money Market Government Portfolio, Class I, 5.24% (Cost $355,926)(b)         355,926
             
 
    TOTAL INVESTMENTS - 100.5% (Cost $13,915,516)     $ 14,791,599
    LIABILITIES IN EXCESS OF OTHER ASSETS - (0.5)%    

(77,314)

    NET ASSETS - 100.0%        

$ 14,714,285

           
               
 

 

 

 

ADR  - American Depositary Receipt
LTD  - Limited Company
PLC  - Public Limited Company

 

 

 

 

(a) Non-income producing security.
(b) Rate disclosed is the seven day effective yield as of December 31, 2023.