MIDDLEFIELD GLOBAL AGRICULTURE CLASS
Summary of Investment Portfolio as at September 30, 2023
 
  Top Twenty-Five Holdings * 
    Description % of
Net Asset Value
 
  1. CF Industries Holdings Inc. 6.0%  
  2. Nutrien Ltd. 5.3%  
  3. Zoetis Inc. 5.1%  
  4. Corteva Inc. 5.0%  
  5. Deere & Co. 4.9%  
  6. Archer Daniels-Midland Co. 4.9%  
  7. Tractor Supply Co. 4.8%  
  8. Chemtrade Logistics Income Fund 4.7%  
  9. US Foods Holding Corp. 4.7%  
  10. The Mosaic Co. 4.6%  
  11. AG Growth International Inc. 4.6%  
  12. Caterpillar Inc. 4.3%  
  13. CNH Industrial NV 4.3%  
  14. Bunge Ltd. 4.2%  
  15. IDEXX Laboratories Inc. 4.0%  
  16. Darling Ingredients Inc. 3.7%  
  17. Lamb Weston Holdings Inc. 3.6%  
  18. Maple Leaf Foods Inc. 3.5%  
  19. Olin Corp. 3.3%  
  20. FMC Corp. 3.1%  
  21. Sociedad Quimica y Minera de Chile S.A. 2.7%  
  22. Kubota Corp. 2.5%  
  23. K&S AG 2.4%  
  24. AGCO Corp. 2.3%  
   "Top Twenty-Five Holdings" excludes any temporary cash investments
* The Fund has only twenty four holdings.
 
 
    Asset Class % of
Net Asset Value
 
   Materials 37.0%  
   Industrials 27.6%  
   Consumer Staples 24.7%  
   Healthcare 9.1%  
   Cash and Short-Term Investments 2.0%  
   Other Assets (Liabilities) -0.4%  
  100.0% 
    Total Net Asset Value $10,372,392  
    Total Assets $10,448,755  
 The Summary of Investment Portfolio may change due to ongoing portfolio transactions.Updates to this Summary of Investment Portfolio are posted to www.middlefield.com.