# EDGAR Filing Document

**Accession Number:** 0001260667
**File Stem:** 0001162044-25-000841
**Filing Date:** 2025-8
**Character Count:** 24277
**Document Hash:** 2eb6f892c632d31fb6232d9f0a7130c0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-25-000841.hdr.sgml**: 20250820

**ACCESSION NUMBER**: 0001162044-25-000841

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250820

**DATE AS OF CHANGE**: 20250820

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ANCORA TRUST
- **CENTRAL INDEX KEY:** 0001260667

**ORGANIZATION NAME:**
- **EIN:** 020712385
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21418
- **FILM NUMBER:** 251235944

**BUSINESS ADDRESS:**
- **STREET 1:** 6060 PARKLAND BOULEVARD, SUITE 200
- **CITY:** CLEVELAND
- **STATE:** OH
- **ZIP:** 44124
- **BUSINESS PHONE:** 216-825-4000

**MAIL ADDRESS:**
- **STREET 1:** 6060 PARKLAND BOULEVARD, SUITE 200
- **CITY:** CLEVELAND
- **STATE:** OH
- **ZIP:** 44124

## Series and Classes Contracts Data

### Ancora Microcap Fund (Series ID: S000023080)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000067250 | Class I      | ANCIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ANCORA TRUST

- **b. Investment Company Act file number:** 811-21418

- **c. CIK number of Registrant:** 0001260667

- **d. LEI of Registrant:** 549300QN8N2QFNY1O803

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 6060 Parkland Boulevard

  - **City:** Cleveland

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 44124

  - **Telephone number:** 216-593-5020

**Item A.2. Information about the Series.**

- **a. Name of Series:** Ancora Microcap Fund

- **b. EDGAR series identifier (if any):** S000023080

- **c. LEI of Series:** 549300Y2QKG18NAQOQ08

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $18281693.16

**Total Liabilities:** $37009.83

**Net Assets:** $18244683.34

**Cash Not Reported:** $1000.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000067250 | -5.43%               | 4.11%                | 4.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-69268.04               | $-889247.30                                |
| Month 2  | $57408.52                | $622886.63                                 |
| Month 3  | $-90388.04               | $882209.59                                 |

### Schedule of Portfolio Investments

| Name                                                               | Title                                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 180 Degree Capital Corp.                                           | 180 Degree Capital Corp.                                           | CUSIP: 68235B208<br>LEI: 254900RA5P574LPO7H91 | Long             | EC               | CORP              | US        |     23633 | NS      | $93908.09     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| A-Mark Precious Metals, Inc.                                       | A-Mark Precious Metals, Inc.                                       | CUSIP: 00181T107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9432 | NS      | $209201.76    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AerSale Corp.                                                      | AerSale Corp.                                                      | CUSIP: 00810F106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57124 | NS      | $343315.24    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Allient, Inc.                                                      | Allient, Inc.                                                      | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |     14764 | NS      | $536080.84    | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Americas Car-Mart, Inc.                                            | Americas Car-Mart, Inc.                                            | CUSIP: 03062T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6284 | NS      | $352155.36    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| American Coastal Insurance Corp.                                   | American Coastal Insurance Corp.                                   | CUSIP: 910710102<br>LEI: 5299002P9105LJQA8G51 | Long             | EC               | CORP              | US        |     42756 | NS      | $475446.72    | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Amtech Systems, Inc.                                               | Amtech Systems, Inc.                                               | CUSIP: 032332504<br>LEI: 5299008VRUUPETM6HZ85 | Long             | EC               | CORP              | US        |     36271 | NS      | $161043.24    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviat Networks, Inc.                                               | Aviat Networks, Inc.                                               | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |     34634 | NS      | $832947.70    | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BGSF, Inc.                                                         | BGSF, Inc.                                                         | CUSIP: 05601C105<br>LEI: 549300AUC6I9ZG3KKQ91 | Long             | EC               | CORP              | US        |     88342 | NS      | $562738.54    | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CPI Card Group, Inc.                                               | CPI Card Group, Inc.                                               | CUSIP: 12634H200<br>LEI: 54930087HHJ1VWIJK062 | Long             | EC               | CORP              | US        |     20025 | NS      | $474993.00    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Concrete Pumping Holdings, Inc.                                    | Concrete Pumping Holdings, Inc.                                    | CUSIP: 206704108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62880 | NS      | $386712.00    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Crawford & Co.                                                     | Crawford & Co.                                                     | CUSIP: 224633206<br>LEI: 7TZZFJ2GPOGLWIKIXY82 | Long             | EC               | CORP              | US        |     61563 | NS      | $651336.54    | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamond Hill Investment Group, Inc.                                | Diamond Hill Investment Group, Inc. Class A                        | CUSIP: 25264R207<br>LEI: 549300AQ6779A0B7VZ57 | Long             | EC               | CORP              | US        |      1874 | NS      | $272310.94    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions, Inc.                                | Donnelley Financial Solutions, Inc.                                | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |      5165 | NS      | $318422.25    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Petroleum Corp.                                          | Evolution Petroleum Corp.                                          | CUSIP: 30049A107<br>LEI: 549300P9ZXGJZ6SSM116 | Long             | EC               | CORP              | US        |     14123 | NS      | $66378.10     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers & Merchants Bancorp                                        | Farmers & Merchants Bancorp                                        | CUSIP: 307795104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       293 | NS      | $290070.00    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp.                                | Federal Agricultural Mortgage Corp.                                | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |       383 | NS      | $74409.24     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Government Obligations Fund - Institutional Class | Federated Hermes Government Obligations Fund - Institutional Class | CUSIP: 60934N104<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |    464872 | NS      | $464872.12    | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| First Internet Bancorp                                             | First Internet Bancorp                                             | CUSIP: 320557101<br>LEI: 549300T25MP2M92XU194 | Long             | EC               | CORP              | US        |     12694 | NS      | $341468.60    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Forrester Research. Inc.                                           | Forrester Research. Inc.                                           | CUSIP: 346563109<br>LEI: 549300UUSFXYLJ80Z897 | Long             | EC               | CORP              | US        |     26537 | NS      | $262716.30    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Genco Shipping & Trading Ltd.                                      | Genco Shipping & Trading Ltd.                                      | CUSIP: Y2685T131<br>LEI: 5493003MBZ5GU8QHXZ58 | Long             | EC               | CORP              | MH        |     28487 | NS      | $372325.09    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Gogo, Inc.                                                         | Gogo, Inc.                                                         | CUSIP: 38046C109<br>LEI: 549300VL3DIHSFHYTO04 | Long             | EC               | CORP              | US        |     14039 | NS      | $206092.52    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hackett Group, Inc.                                                | Hackett Group, Inc.                                                | CUSIP: 404609109<br>LEI: 5K016KLIRB6156644289 | Long             | EC               | CORP              | US        |     11199 | NS      | $284678.58    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Hingham Institution for Savings                                    | Hingham Institution for Savings                                    | CUSIP: 433323102<br>LEI: 2549009GDCGUR2T6KU55 | Long             | EC               | CORP              | US        |      1502 | NS      | $373021.70    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hurco Cos., Inc.                                                   | Hurco Cos., Inc.                                                   | CUSIP: 447324104<br>LEI: XSC5XDOTBYOBQPOG2O82 | Long             | EC               | CORP              | US        |     22512 | NS      | $425476.80    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Immersion Corp.                                                    | Immersion Corp.                                                    | CUSIP: 452521107<br>LEI: 529900AKNC1UAMQ2YB35 | Long             | EC               | CORP              | US        |     19344 | NS      | $152430.72    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| International Money Express, Inc.                                  | International Money Express, Inc.                                  | CUSIP: 46005L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51815 | NS      | $522813.35    | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Ituran Location & Control Ltd.                                     | Ituran Location & Control Ltd.                                     | CUSIP: M6158M104<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      1947 | NS      | $75407.31     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Outdoors, Inc.                                             | Johnson Outdoors, Inc.                                             | CUSIP: 479167108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4620 | NS      | $139847.40    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Joint Corp.                                                        | Joint Corp.                                                        | CUSIP: 47973J102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36962 | NS      | $426541.48    | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Karat Packaging, Inc.                                              | Karat Packaging Co.                                                | CUSIP: 48563L101<br>LEI: 549300JYUKCQP3P8D632 | Long             | EC               | CORP              | US        |      7986 | NS      | $224885.76    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Industries, Inc.                                          | Lakeland Industries, Inc.                                          | CUSIP: 511795106<br>LEI: 549300HGP70IM9WKU164 | Long             | EC               | CORP              | US        |     15596 | NS      | $212261.56    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand, Inc.                                                  | Masterbrand, Inc.                                                  | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |     38499 | NS      | $420794.07    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Movado Group, Inc.                                                 | Movado Group, Inc.                                                 | CUSIP: 624580106<br>LEI: 549300WCGCGPWGHVXM59 | Long             | EC               | CORP              | US        |     17212 | NS      | $262483.00    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Natures Sunshine Products, Inc.                                    | Natures Sunshine Products, Inc.                                    | CUSIP: 639027101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33516 | NS      | $495701.64    | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Newtek Business Services Corp.                                     | Newtek Business Services Corp.                                     | CUSIP: 652526203<br>LEI: 549300YLU78IA8GKJ688 | Long             | EC               | CORP              | US        |     46072 | NS      | $519692.16    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympic Steel, Inc.                                                | Olympic Steel, Inc.                                                | CUSIP: 68162K106<br>LEI: 549300GQ061U6N6KWJ49 | Long             | EC               | CORP              | US        |      1720 | NS      | $56054.80     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Pason Systems, Inc.                                                | Pason Systems, Inc.                                                | CUSIP: 702925108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     73525 | NS      | $658048.75    | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Perma-Fix Environmental Services, Inc.                             | Perma-Fix Environmental Services, Inc.                             | CUSIP: 714157203<br>LEI: 54930015OVD1T5P12U15 | Long             | EC               | CORP              | US        |     59160 | NS      | $622363.20    | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics, Inc.                                                   | Photronics, Inc.                                                   | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |      7497 | NS      | $141168.51    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Postal Realty Trust, Inc.                                          | Postal Realty Trust, Inc.                                          | CUSIP: 73757R102<br>LEI: 5493007B7ZZSIJRGWC41 | Long             | EC               | CORP              | US        |     24214 | NS      | $356672.22    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Richardson Electronics Ltd.                                        | Richardson Electronics Ltd.                                        | CUSIP: 763165107<br>LEI: 549300GOMBESVM3KKE53 | Long             | EC               | CORP              | US        |     33468 | NS      | $322966.20    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Rimini Street, Inc.                                                | Rimini Street, Inc.                                                | CUSIP: 76674Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86281 | NS      | $325279.37    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Shutterstock, Inc.                                                 | Shutterstock, Inc.                                                 | CUSIP: 825690100<br>LEI: 529900G2TDIS56V0LO22 | Long             | EC               | CORP              | US        |      5512 | NS      | $104507.52    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvercrest Asset Management Group, Inc.                           | Silvercrest Asset Management Group, Inc.                           | CUSIP: 828359109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46411 | NS      | $736078.46    | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith & Wesson Brands, Inc.                                        | Smith & Wesson Brands, Inc.                                        | CUSIP: 831754106<br>LEI: 5493004PFHUPOR1PWN79 | Long             | EC               | CORP              | US        |     35308 | NS      | $306473.44    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Bulk Carriers Corp.                                           | Star Bulk Carriers Corp.                                           | CUSIP: Y8162K204<br>LEI: 549300SO3FMK7H6DDY54 | Long             | EC               | CORP              | US        |      9048 | NS      | $156078.01    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Sturm, Ruger & Co., Inc.                                           | Sturm, Ruger & Co., Inc.                                           | CUSIP: 864159108<br>LEI: 529900DV1BWFJSHFO847 | Long             | EC               | CORP              | US        |      6060 | NS      | $217554.00    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TIPTREE, Inc.                                                      | TIPTREE, Inc.                                                      | CUSIP: 88822Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27052 | NS      | $637886.16    | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Tankers Ltd.                                                | Teekay Tankers Ltd.                                                | CUSIP: Y8565N300<br>LEI: 549300DE8ZAIYS2T6Q22 | Long             | EC               | CORP              | BM        |      3981 | NS      | $166087.32    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings, Inc.                                               | Thryv Holdings, Inc.                                               | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40012 | NS      | $486545.92    | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Unit Corp.                                                         | Unit Corp.                                                         | CUSIP: 909218406<br>LEI: 549300XGK22FZCTN8B67 | Long             | EC               | CORP              | US        |     11769 | NS      | $307288.59    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaalco Energy, Inc.                                                | Vaalco Energy, Inc.                                                | CUSIP: 91851C201<br>LEI: 549300CFHFVIWB8M6T24 | Long             | EC               | CORP              | US        |    103832 | NS      | $374833.52    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Zagg/Cvr.Us                                                        | Zagg/Cvr.Us                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     71453 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Ancora Trust

**Signature:** /s/ Bradley Zucker

**Name of Signer:** Bradley Zucker

**Title:** President, Treasurer and Secretary