Clark Fork Trust NPORT-PTarkio Fund (Feb 2024 report)

Schedule of Investments

February 29, 2024 (unaudited)

Tarkio Fund

Shares or Principal

Apparel & Other Finisd Prods of Fabrics & Similar Matl - 0.04%

FIGS, Inc. Class A (2)

10,475

54,784

Communications Equipment - 0.53%

Lumentum Holdings, Inc. (2)

16,801

814,344

Construction Machinery & Equipment - 9.00%

Manitowoc Co., Inc.  (2)

988,499

13,779,676

Dental Equipment & Supplies - 1.88%

Envista Holdings Corp. (2)

139,525

2,881,191

Drawing & Insulating of Nonferrous Wire - 0.72%

Belden, Inc.

4,300

366,274

Corning, Inc.

23,025

742,326

1,108,600

Electronic & Other Electrical Equipment (No Computer Equipment) - 11.95%

General Electric Co.

116,675

18,305,141

Fire, Marine & Casulty Insurance - 4.75%

Berkshire Hathaway, Inc. Class B  (2)

14,825

6,069,355

Fairfax Financial Holdings, Ltd. (Canada)

1,125

1,197,866

7,267,221

General Industrial Machinery & Equipment - 5.07%

ESAB Corp.

78,308

7,761,889

Industrial Instruments For Measurement, Display, & Control - 15.15%

Cognex Corp.

303,725

11,981,951

Danaher Corp.

44,300

11,214,102

23,196,053

Industrial Trucks, Tractors, Trailers & Stackers - 2.38%

Terex Corp.

63,500

3,641,725

Land Subdividers & Developers (No Cemeteries) - 4.49%

The St. Joe Co.

127,750

6,881,893

Miscellaneous Fabricated Metal Products - 3.20%

Parker Hannifin Corp.

9,150

4,899,368

Motor Vehicle Parts & Accessories - 2.89%

Modine Manufacturing Co.  (2)

49,300

4,422,703

National Commerical Banks - 0.04%

Bank of America Corp.

1,950

67,314

Office Furniture - 6.58%

MillerKnoll, Inc.

329,749

10,073,832

Optical Instruments & Lenses - 2.55%

Coherent Corp.  (2)

65,550

3,898,914

Orthopedic, Prosthetic & Surgical Appliances & Supplies - 3.55%

Enovis Corp.  (2)

90,825

5,432,243

Pollution & Treatment Controls - 0.79%

Veralto Corp.

13,975

1,207,720

Printed Circuit Boards - 1.14%

Kimball Electronics, Inc.  (2)

77,575

1,746,213

Retail-Catalog & Mail-Order Houses - 0.03%

Amazon.com, Inc.  (2)

300

53,028

Retail-Eating Places - 3.44%

Chipotle Mexican Grill, Inc.  (2)

1,960

5,269,989

Retail- Home Furniture, Furnishings & Equipment Stores - 0.60%

The Container Store Group, Inc.  (2)

665,374

918,216

Retail- Variety Stores - 1.71%

Costco Wholesale Corp.

3,515

2,614,773

Services-Business Services - 1.38%

Global Payments, Inc.

16,325

2,117,352

Services - Prepackaged Software - 0.69%

ATS Corp. (2)

28,025

1,056,543

Special Industry Machinery (No Metalworking Machinery - 0.08%

Twilio, Inc. Class A  (2)

2,150

128,119

Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) - 1.80%

Nucor Corp.

14,300

2,749,890

Telephone & Telegraph Apparatus - 1.48%

Ciena Corp.  (2)

39,649

2,259,200

Telephone Communications (No Radiotelephone)  - 3.73%

Lumen Technologies, Inc.  (2)

3,522,000

5,705,640

Textile Mills Products - 1.06%

Interface, Inc.

103,675

1,629,771

Totalizing Fluid Meters & Counting Devices - 4.80%

Vontier Corp.

171,025

7,354,075

X-Ray Apparatus & Tubes & Related Irradiation Apparatus - 2.18%

GE HealthCare Technologies, Inc.  

36,525

3,334,002

Total Common Stock

(Cost $       97,087,427)

152,631,422

Federated Hermes Government Obligation Fund - Institutional Class - 5.21% (3)

507,249

507,249

Total Money Market Registered Investment Companies

(Cost $            507,249)

507,249

Total Investments - 99.99%

(Cost $       97,594,675)

153,138,671

Assets in Excess of Other Liabilities  - 0.01%

10,553

Total Net Assets - 100.00%

153,149,223

(1)  Statement on Financial Accounting Standard No. 157 "Fair Value Measurements" - Various inputs are used in determining the value of the Fund's investments.

       These inputs are summarized in the three broad levels listed below.

        • Level 1 - quoted prices in active markets for identical securities

        • Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

        • Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

       The following is a summary of the inputs used as of February 29, 2024 in valuing the Fund's assets carried at fair value:

       The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term

       debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment

       Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active

       market, such securities are reflected as Level 2.

(2)   Represents non-income producing securities.

(3)  The rate shown represents the 7-day yield at February 29, 2024.