WASATCH FUNDS - Curian Clearing

MARCH 31, 2015 (UNAUDITED)
Shares
Value
Principal
Amount
Value
Pharmaceuticals 7.7%
31,505 Aerie Pharmaceuticals, Inc.* $ 987,367
96,749 Akorn, Inc.* 4,596,545
163,308 Cardiovascular Systems, Inc.* 6,375,544
165,832 Cempra, Inc.* 5,689,696
38,525 Intra-Cellular Therapies, Inc.* 919,977
139,989 Natco Pharma Ltd. (India) 4,708,708
50,905 Phibro Animal Health Corp., Class A 1,802,546
25,080,383
Regional Banks 2.5%
188,919 Customers Bancorp, Inc.* 4,602,067
77,342 Pinnacle Financial Partners, Inc. 3,438,625
8,040,692
Research & Consulting Services 1.5%
250,759 Franklin Covey Co.* 4,829,618
Semiconductor Equipment 2.0%
356,746 PDF Solutions, Inc.* 6,392,888
Semiconductors 4.2%
95,907 Melexis N.V. (Belgium) 5,715,929
53,242 NVE Corp. 3,669,439
80,515 Power Integrations, Inc. 4,193,221
13,578,589
Specialty Stores 0.9%
60,752 Hibbett Sports, Inc.* 2,980,493
Systems Software 3.6%
70,258 FleetMatics Group plc* 3,151,071
217,573 Infoblox, Inc.* 5,193,468
245,572 TubeMogul, Inc.* 3,393,805
11,738,344
Technology Hardware, Storage &
Peripherals 1.4%
290,211 Intevac, Inc.* 1,781,895
1,025,541 USA Technologies, Inc.* 2,820,238
4,602,133
Thrifts & Mortgage Finance 1.3%
1,050,006 Gruh Finance Ltd. (India) 4,074,606
Trading Companies &
Distributors 1.9%
192,850 CAI International, Inc.* 4,738,324
63,147 Rush Enterprises, Inc., Class B* 1,560,994
6,299,318
Trucking 2.7%
161,025 Marten Transport Ltd. 3,735,780
113,581 Saia, Inc.* 5,031,638
8,767,418
SHORT-TERM INVESTMENTS 3.9%
Repurchase Agreement 3.9%
$12,589,254 Repurchase Agreement dated 3/31/15,
0.00% due 4/1/15 with State Street Bank
and Trust Co. collateralized by $9,525,000
of United States Treasury Bonds 8.500%
due 2/15/20; value: $12,846,844; repurchase
proceeds: $12,589,254 (cost $ 12,589,254) $ 12,589,254
Total Short-Term Investments
(cost $12,589,254) 12,589,254
Total Investments
(cost $191,966,187) 100.6% 326,871,464
Liabilities less Other Assets (0.6%) (2,046,242)
NET ASSETS 100.0% $324,825,222
*Non-income producing.
REIT Real Estate Investment Trust.
See Notes to Financial Statements.
At March 31, 2015, Wasatch Micro Cap Fund’s investments, excluding
short-term investments, were in the following countries:
Country %
Belgium 1.8
Canada 1.4
Germany 1.9
India 7.4
Ireland 1.7
Luxembourg 0.3
New Zealand 0.8
United Kingdom 0.8
United States 83.9
TOTAL 100.0%
Total Common Stocks
(cost $179,376,933) 314,282,210
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