# EDGAR Filing Document

**Accession Number:** 0000919160
**File Stem:** 0001398344-25-021432
**Filing Date:** 2025-11
**Character Count:** 15366
**Document Hash:** edf815c3c939d23ebd2a4398cac9a694
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-021432.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0001398344-25-021432

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUINNESS ATKINSON FUNDS
- **CENTRAL INDEX KEY:** 0000919160

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08360
- **FILM NUMBER:** 251536316

**BUSINESS ADDRESS:**
- **STREET 1:** 251 SOUTH LAKE AVE
- **STREET 2:** SUITE 800
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101
- **BUSINESS PHONE:** 626-914-1041

**MAIL ADDRESS:**
- **STREET 1:** 251 SOUTH LAKE AVE
- **STREET 2:** SUITE 800
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INVESTEC FUNDS
- **DATE OF NAME CHANGE:** 20000927

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GUINNESS FLIGHT INVESTMENT FUNDS
- **DATE OF NAME CHANGE:** 19970506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GUINNESS FLIGHT INVESTMENT FUNDS INC
- **DATE OF NAME CHANGE:** 19940217

## Series and Classes Contracts Data

### Guinness Atkinson Global Innovators Fund (Series ID: S000005895)

| Class ID   | Class Name                                                     | Ticker Symbol   |
|:---|:---|:---|
| C000016119 | Guinness Atkinson Global Innovators Fund - Investor Class      | IWIRX           |
| C000161072 | Guinness Atkinson Global Innovators Fund - Institutional Class | GINNX           |

## Nport-Ex

**GUINNESS ATKINSON GLOBAL INNOVATORS FUND** 

**Schedule of Investments**

**at September 30, 2025 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Shares** | **Common Stocks: 98.3%** | **Value** |
|  | **Application Software: 8.8%** |  |
| 8839 | Intuit Inc. | $6036241 |
| 12559 | Microsoft Corp. | 6504934 |
| 20376 | salesforce.com Inc. | 4829112 |
|  |  | 17370287 |
|  | **Computers: 3.0%** |  |
| 22737 | Apple Inc. | 5789522 |
|  | **Diversified Manufacturing Operations: 8.7%** |  |
| 30515 | Danaher Corp. | 6049904 |
| 11109 | Roper Industries, Inc. | 5539947 |
| 11428 | Thermo Fisher Scientific Inc. | 5542809 |
|  |  | 17132660 |
|  | **E-Commerce: 3.1%** |  |
| 28095 | Amazon.com Inc.\* | 6168819 |
|  | **Electronic Components - Semiconductor: 11.4%** |  |
| 57201 | Amphenol Corp. | 7078624 |
| 19713 | Broadcom Inc | 6503516 |
| 46896 | NVIDIA Corp. | 8749856 |
|  |  | 22331996 |
|  | **Enterprise Software/Services: 2.4%** |  |
| 13528 | Adobe Inc \* | 4772002 |
|  | **Finance - Other Services: 12.9%** |  |
| 36190 | Intercontinental Exchange, Inc. | 6097291 |
| 44083 | London Stock Exchange Group PL | 5944455 |
| 12023 | Mastercard Inc . | 6838803 |
| 18687 | Visa Inc. | 6379368 |
|  |  | 25259917 |
|  | **Internet Content: 10.7%** |  |
| 9514 | Meta Platforms Inc. - Class A | 6986891 |
| 5732 | Netflix Inc.\* | 6872209 |
| 83200 | Tencent Holdings Ltd | 7088449 |
|  |  | 20947549 |

---

**GUINNESS ATKINSON GLOBAL INNOVATORS FUND** 

**Schedule of Investments** 

**at September 30, 2025 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Shares** | **Common Stocks: 98.3%** | **Value** |
| | **Machinery - Electric Utility: 6.6%** | |
| 94556 | ABB Ltd. | $6808127 |
| 32905 | AMETEK Inc. | 6186140 |
|  |  | 12994267 |
|  | **Medical Instrument: 6.3%** |  |
| 65394 | Medtronic PLC | 6228125 |
| 98388 | Siemens Healthineers AG | 6210308 |
|  |  | 12438433 |
|  | **Power Conversion/Supply Equipment: 3.1%** |  |
| 21779 | Schneider Electric SE | 6074569 |
|  | **Retail - Apparel: 3.6%** |  |
| 586200 | ANTA Sports Products Ltd. | 7043229 |
|  | **Semiconductor: 13.8%** |  |
| 28827 | Applied Materials Inc. | 5902040 |
| 6513 | KLA-Tencor Corp. | 7024922 |
| 53404 | Lam Research Corp. | 7150796 |
| 25401 | Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | 7094245 |
|  |  | 27172003 |
|  | **Web Portals: 3.9%** |  |
| 31124 | Alphabet Inc. - A Shares | 7566244 |
|  | **Total Common Stocks** | 193061497 |
|  | (cost $92,429,425) |  |
|  | **Total Investments in Securities** | 193061497 |
|  | (cost $92,429,425): 98.3% |  |
|  | Other Assets in Excess of Liabilities: 1.7% | 3365041 |
|  | **Net Assets: 100.0%** | $**196426538** |

---

*\** *Non-income producing security.*

*ADR - American Depository Receipt*

*PLC - Public Limited Company*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** GUINNESS ATKINSON FUNDS

- **b. Investment Company Act file number:** 811-08360

- **c. CIK number of Registrant:** 0000919160

- **d. LEI of Registrant:** 54930097560RK2KMX577

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

  - **Street Address 1:** 251 South Lake Ave

  - **City:** Pasadena

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 91101

  - **Telephone number:** 626-914-1041

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

- **a. Name of Series:** Guinness Atkinson Global Innovators Fund

- **b. EDGAR series identifier (if any):** S000005895

- **c. LEI of Series:** 5493002JATDIWELU2P62

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $201322730.80

**Total Liabilities:** $4787027.42

**Net Assets:** $196535703.38

**Cash Not Reported:** $3092190.40

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000016119 | 5.30%                | 0.30%                | -0.13%               |
| Class ID C000161072 | 5.28%                | 0.28%                | -0.15%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $8051370.41              | $1936060.25                                |
| Month 2  | $7766496.13              | $-7090511.41                               |
| Month 3  | $-2392165.22             | $2309986.05                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABB LTD-REG /CHF/              | COMMON STOCK | CUSIP: H0010V101<br>LEI: N/A | Long             | EC               | CORP              | CH        |     94556 | NS      | $6808127.02   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC                      | COMMON STOCK | CUSIP: 00724F101<br>LEI: N/A | Long             | EC               | CORP              | US        |     13528 | NS      | $4772002.00   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC-CL A              | COMMON STOCK | CUSIP: 02079K305<br>LEI: N/A | Long             | EC               | CORP              | US        |     31124 | NS      | $7566244.40   | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                 | COMMON STOCK | CUSIP: 023135106<br>LEI: N/A | Long             | EC               | CORP              | US        |     28095 | NS      | $6168819.15   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK INC                     | COMMON STOCK | CUSIP: 031100100<br>LEI: N/A | Long             | EC               | CORP              | US        |     32905 | NS      | $6186140.00   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORP-CL A             | COMMON STOCK | CUSIP: 032095101<br>LEI: N/A | Long             | EC               | CORP              | US        |     57201 | NS      | $7078623.75   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTA SPORTS PRODUCTS LTD /HKD/ | COMMON STOCK | CUSIP: G04011105<br>LEI: N/A | Long             | EC               | CORP              | KY        |    586200 | NS      | $7043228.52   | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                      | COMMON STOCK | CUSIP: 037833100<br>LEI: N/A | Long             | EC               | CORP              | US        |     22737 | NS      | $5789522.31   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC          | COMMON STOCK | CUSIP: 038222105<br>LEI: N/A | Long             | EC               | CORP              | US        |     28827 | NS      | $5902039.98   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                   | COMMON STOCK | CUSIP: 11135F101<br>LEI: N/A | Long             | EC               | CORP              | US        |     19713 | NS      | $6503515.83   | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                   | COMMON STOCK | CUSIP: 235851102<br>LEI: N/A | Long             | EC               | CORP              | US        |     30515 | NS      | $6049903.90   | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE IN   | COMMON STOCK | CUSIP: 45866F104<br>LEI: N/A | Long             | EC               | CORP              | US        |     36190 | NS      | $6097291.20   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                     | COMMON STOCK | CUSIP: 461202103<br>LEI: N/A | Long             | EC               | CORP              | US        |      8839 | NS      | $6036241.49   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORP                       | COMMON STOCK | CUSIP: 482480100<br>LEI: N/A | Long             | EC               | CORP              | US        |      6513 | NS      | $7024921.80   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORP              | COMMON STOCK | CUSIP: 512807306<br>LEI: N/A | Long             | EC               | CORP              | US        |     53404 | NS      | $7150795.60   | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDON STOCK EXCHANGE GR /GBP/ | COMMON STOCK | CUSIP: G5689U103<br>LEI: N/A | Long             | EC               | CORP              | GB        |     44083 | NS      | $5048148.96   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC - A             | COMMON STOCK | CUSIP: 57636Q104<br>LEI: N/A | Long             | EC               | CORP              | US        |     12023 | NS      | $6838802.63   | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PLC                  | COMMON STOCK | CUSIP: G5960L103<br>LEI: N/A | Long             | EC               | CORP              | IE        |     65394 | NS      | $6228124.56   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC-CLASS A     | COMMON STOCK | CUSIP: 30303M102<br>LEI: N/A | Long             | EC               | CORP              | US        |      9514 | NS      | $6986891.32   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                 | COMMON STOCK | CUSIP: 594918104<br>LEI: N/A | Long             | EC               | CORP              | US        |     12559 | NS      | $6504934.05   | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                    | COMMON STOCK | CUSIP: 64110L106<br>LEI: N/A | Long             | EC               | CORP              | US        |      5732 | NS      | $6872209.44   | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                    | COMMON STOCK | CUSIP: 67066G104<br>LEI: N/A | Long             | EC               | CORP              | US        |     46896 | NS      | $8749855.68   | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ROPER TECHNOLOGIES INC         | COMMON STOCK | CUSIP: 776696106<br>LEI: N/A | Long             | EC               | CORP              | US        |     11109 | NS      | $5539947.21   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                 | COMMON STOCK | CUSIP: 79466L302<br>LEI: N/A | Long             | EC               | CORP              | US        |     20376 | NS      | $4829112.00   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER ELEC SA /EUR/        | COMMON STOCK | CUSIP: F86921107<br>LEI: N/A | Long             | EC               | CORP              | FR        |     21779 | NS      | $6074569.02   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS HEALTHINEERS AG /EUR/  | COMMON STOCK | CUSIP: D6T479107<br>LEI: N/A | Long             | EC               | CORP              | DE        |     98388 | NS      | $5315202.88   | 2.70%             |  |  |  | Yes           |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR-SP ADR    | COMMON STOCK | CUSIP: 874039100<br>LEI: N/A | Long             | EC               | CORP              | TW        |     25401 | NS      | $7094245.29   | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT HOLDINGS LTD /HKD/     | COMMON STOCK | CUSIP: G87572163<br>LEI: N/A | Long             | EC               | CORP              | KY        |     83200 | NS      | $7088448.84   | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC   | COMMON STOCK | CUSIP: 883556102<br>LEI: N/A | Long             | EC               | CORP              | US        |     11428 | NS      | $5542808.56   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC-CLASS A SHARES        | COMMON STOCK | CUSIP: 92826C839<br>LEI: N/A | Long             | EC               | CORP              | US        |     18687 | NS      | $6379368.06   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** GUINNESS ATKINSON FUNDS

**Signature:** /s/ Lyna Phan

**Name of Signer:** Lyna Phan

**Title:** Assistant Treasurer