WASATCH FUNDS - Curian Clearing

WASATCH SMALL CAP GROWTH FUND (WAAEX) — Schedule of Investments (continued)
MARCH 31, 2015 (UNAUDITED)
Shares
Value
Shares
Value
Packaged Foods & Meats 1.2%
286,067 GlaxoSmithKline Consumer Healthcare
Ltd. (India) $ 28,798,116
Personal Products 0.6%
472,827 Colgate-Palmolive India Ltd. (India) 15,102,509
Pharmaceuticals 2.4%
1,343,909 Cempra, Inc.* 46,109,518
450,738 Intra-Cellular Therapies, Inc.* 10,763,623
56,873,141
Research & Consulting Services 1.1%
1,099,314 Stantec, Inc. (Canada) 26,328,570
Restaurants 1.7%
1,491,986 Jubilant Foodworks Ltd.* (India) 35,335,616
179,885 Zoe’s Kitchen, Inc.* 5,988,372
41,323,988
Semiconductors 4.0%
393,280 Cavium, Inc.* 27,852,090
1,150,899 Power Integrations, Inc. 59,938,820
161,235 Silicon Laboratories, Inc.* 8,185,901
95,976,811
Specialty Stores 0.5%
259,737 Hibbett Sports, Inc.* 12,742,697
Systems Software 2.6%
600,133 FleetMatics Group plc* 26,915,965
1,229,162 Infoblox, Inc.* 29,340,097
118,865 Qualys, Inc.* 5,524,845
61,780,907
Trading Companies &
Distributors 1.9%
141,374 DXP Enterprises, Inc.* 6,233,180
547,600 MSC Industrial Direct Co., Inc., Class A 39,536,720
45,769,900
Trucking 4.1%
3,030,283 Knight Transportation, Inc. †† 97,726,627
Total Common Stocks
(cost $1,375,958,525) 2,354,375,145
PREFERRED STOCKS 1.2%
Biotechnology 0.0%
677,966 Nanosys, Inc., Series D Pfd.* *** † 342,373
161,519 Nanosys, Inc., Series E Pfd.* *** † 182,500
524,873
Oil & Gas Equipment & Services 0.5%
5,818,582 Drilling Info Holdings, Inc.,
Series B Pfd.* *** † 11,438,168
Systems Software 0.7%
1,114,610 DataStax, Inc., Series E Pfd.* *** † 8,000,002
33,296 DocuSign, Inc., Series B Pfd.* *** † 437,256
9,974 DocuSign, Inc., Series B-1 Pfd.* *** † 130,983
23,905 DocuSign, Inc., Series D Pfd.* *** † 313,930
618,152 DocuSign, Inc., Series E Pfd.* *** † 8,117,819
16,999,990
Total Preferred Stocks
(cost $34,534,930) 28,963,031
Principal
Amount
LIMITED PARTNERSHIP INTEREST 0.2%
Asset Management & Custody
Banks 0.2%
Greenspring Global Partners II-B, L.P.*** † $ 3,041,131
Greenspring Global Partners III-B, L.P.*** † 1,436,735
4,477,866
Total Limited Partnership Interest
(cost $4,666,160) 4,477,866
Value
SHORT-TERM INVESTMENTS 0.6%
Repurchase Agreement 0.6%
$15,459,434 Repurchase Agreement dated 3/31/15,
0.00% due 4/1/15 with State Street
Bank and Trust Co. collateralized by
$12,505,000 of United States Treasury
Notes 1.375% due 3/31/20; value:
$3,121,094; United States Treasury
Bonds 8.500% due 2/15/20; value:
$12,651,275; repurchase proceeds:
$15,459,434 †† (cost $ 15,459,434) $ 15,459,434
Total Short-Term Investments
(cost $15,459,434) 15,459,434
Total Investments
(cost $1,430,619,049) 100.3% 2,403,275,476
Liabilities less Other Assets (0.3%) (6,467,067)
NET ASSETS 100.0% $2,396,808,409
*Non-income producing.
***Security was fair valued under procedures adopted by the Board of
Trustees (see Note 14).
† Security purchased in a private placement transaction or under
Rule 144A of the Securities Act of 1933 (see Note 10).
†† All or a portion of this security has been designated as collateral for
purchase commitments (see Note 11).
‡‡ Affiliated company (see Note 9).
ADR American Depositary Receipt.
See Notes to Financial Statements.
At March 31, 2015, Wasatch Small Cap Growth Fund’s investments, excluding
short-term investments, were in the following countries:
Country %
Austria 0.4
Canada 1.3
Colombia 0.2
Germany 3.7
India 9.3
Ireland 2.2
Japan 0.8
United Arab Emirates 1.4
United Kingdom 0.8
United States 79.9
TOTAL 100.0%
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