# EDGAR Filing Document

**Accession Number:** 0000803020
**File Stem:** 0001213900-23-015954
**Filing Date:** 2023-3
**Character Count:** 23992
**Document Hash:** 844f9316f8dc1c67b6f32bb226353b94
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-015954.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001213900-23-015954

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OBERWEIS FUNDS
- **CENTRAL INDEX KEY:** 0000803020
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04854
- **FILM NUMBER:** 23690708

**BUSINESS ADDRESS:**
- **STREET 1:** 3333 WARRENVILLE ROAD
- **STREET 2:** SUITE 500
- **CITY:** LISLE
- **STATE:** IL
- **ZIP:** 60532
- **BUSINESS PHONE:** 6305772300

**MAIL ADDRESS:**
- **STREET 1:** 3333 WARRENVILLE ROAD
- **STREET 2:** SUITE 500
- **CITY:** LISLE
- **STATE:** IL
- **ZIP:** 60532

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OBERWEIS FUND
- **DATE OF NAME CHANGE:** 19960821

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OBERWEIS EMERGING GROWTH FUND /IL/
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Oberweis International Opportunities Fund (Series ID: S000015622)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000042583 | Oberweis International Opportunities Fund | OBIOX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** OBERWEIS FUNDS

- **b. Investment Company Act file number:** 811-04854

- **c. CIK number of Registrant:** 0000803020

- **d. LEI of Registrant:** 549300PK13EJ83VPPR97

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

  - **Street Address 1:** 3333 Warrenville Road

  - **City:** Lisle

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60532

  - **Telephone number:** 800-245-7311

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

- **a. Name of Series:** Oberweis International Opportunities Fund

- **b. EDGAR series identifier (if any):** S000015622

- **c. LEI of Series:** 549300OCDCYRRORVT221

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $145608984.34

**Total Liabilities:** $286333.57

**Net Assets:** $145322650.77

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000042583 | 7.48%                | 9.49%                | -3.58%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-15335289.08            | $25718614.72                               |
| Month 2  | $-2934668.21             | $16630377.58                               |
| Month 3  | $-952418.70              | $-4583963.20                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Toyo Suisan Kaisha Ltd         | Toyo Suisan Kaisha Ltd                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     73600 | NS      | $21605.54     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Visional Inc                   | Visional Inc                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     35100 | NS      | $17715.39     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Future Corp                    | Future Corp                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    198800 | NS      | $18844.04     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| M&A Capital Partners Co Ltd    | M&A Capital Partners Co Ltd                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     72900 | NS      | $19381.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuji Electric Co Ltd           | Fuji Electric Co Ltd                        | CUSIP: 999999999<br>LEI: 5299000HVNGZZTYYM906 | Long             | EC               | CORP              | JP        |     81100 | NS      | $23321.06     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BayCurrent Consulting Inc      | BayCurrent Consulting Inc                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    205200 | NS      | $48673.24     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa Securities Group Inc     | Daiwa Securities Group Inc                  | CUSIP: 999999999<br>LEI: 353800WRC7Y23PWFJG38 | Long             | EC               | CORP              | JP        |    779400 | NS      | $26242.13     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Aalberts NV                    | Aalberts NV                                 | CUSIP: 999999999<br>LEI: 549300EMP9DT6Q35HZ31 | Long             | EC               | CORP              | NL        |     59000 | NS      | $2460027.83   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AIXTRON SE                     | AIXTRON SE                                  | CUSIP: 999999999<br>LEI: 5299004UJ4D51M25LD67 | Long             | EC               | CORP              | DE        |    160600 | NS      | $4946392.98   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker Solutions ASA             | Aker Solutions ASA                          | CUSIP: 999999999<br>LEI: 5967007LIEEXZXG42836 | Long             | EC               | CORP              | NO        |    450300 | NS      | $177029.48    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Alfen Beheer BV                | Alfen Beheer BV                             | CUSIP: 999999999<br>LEI: 724500HDW6IWR9J5YT90 | Long             | EC               | CORP              | NL        |     24000 | NS      | $2325927.19   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ANDRITZ AG                     | ANDRITZ AG                                  | CUSIP: 999999999<br>LEI: 549300VZKC61IR5U8G96 | Long             | EC               | CORP              | AT        |     53400 | NS      | $3271980.45   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AURELIUS Equity Opportunities  | AURELIUS Equity Opportunities SE & Co KGaA  | CUSIP: 999999999<br>LEI: 3912001SWR0QKOSUHR50 | Long             | EC               | CORP              | DE        |     37923 | NS      | $791480.49    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ASM International NV           | ASM International NV                        | CUSIP: 999999999<br>LEI: 7245001I22ND6ZFHX623 | Long             | EC               | CORP              | NL        |      5700 | NS      | $1548134.56   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AT&S Austria Technologie & Sys | AT&S Austria Technologie & Systemtechnik AG | CUSIP: 999999999<br>LEI: 529900EVOKN4LCCD9321 | Long             | EC               | CORP              | AT        |     14300 | NS      | $525021.74    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ATS Corp                       | ATS Corp                                    | CUSIP: 00217Y955<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | EC               | CORP              | CA        |    127700 | NS      | $2931787.53   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Aritzia Inc                    | Aritzia Inc                                 | CUSIP: 04045U953<br>LEI: 549300U83HKFRL1EX527 | Long             | EC               | CORP              | CA        |     95500 | NS      | $2466527.87   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Barco NV                       | Barco NV                                    | CUSIP: 999999999<br>LEI: 549300N17QCD827TII61 | Long             | EC               | CORP              | BE        |     66200 | NS      | $1755518.56   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Brunello Cucinelli SpA         | Brunello Cucinelli SpA                      | CUSIP: 999999999<br>LEI: 5493003CX2RZ0FOBH256 | Long             | EC               | CORP              | IT        |     20400 | NS      | $1615708.34   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Beazley PLC                    | Beazley PLC                                 | CUSIP: 999999999<br>LEI: 213800VTOMUWD41GIT12 | Long             | EC               | CORP              | GB        |    333000 | NS      | $3292187.51   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Cargotec Oyj                   | Cargotec Oyj                                | CUSIP: 999999999<br>LEI: 5493002B0GOVF42KWX33 | Long             | EC               | CORP              | FI        |     58100 | NS      | $2758574.47   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Computershare Ltd              | Computershare Ltd                           | CUSIP: Q2721E105<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    166100 | NS      | $1992054.26   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Constellium SE                 | Constellium SE                              | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |    366300 | NS      | $4333329.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| D/S Norden A/S                 | D/S Norden A/S                              | CUSIP: 999999999<br>LEI: 529900RGXD3CBR3BRU63 | Long             | EC               | CORP              | DK        |     36600 | NS      | $317511.97    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BRP Inc                        | BRP Inc                                     | CUSIP: 05577W952<br>LEI: 529900EPQGESIRCPY551 | Long             | EC               | CORP              | CA        |     24600 | NS      | $1385172.01   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Edenred                        | Edenred                                     | CUSIP: 999999999<br>LEI: 9695006LOD5B2D7Y0N70 | Long             | EC               | CORP              | FR        |     73100 | NS      | $4258661.20   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp  | Element Fleet Management Corp               | CUSIP: 286181953<br>LEI: 5493000PGBS1C22ELQ16 | Long             | EC               | CORP              | CA        |    241800 | NS      | $2433410.28   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Elders Ltd                     | Elders Ltd                                  | CUSIP: 999999999<br>LEI: 254900Y0SQG962QL6549 | Long             | EC               | CORP              | AU        |    320600 | NS      | $1498237.20   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Man Group PLC/Jersey           | Man Group PLC/Jersey                        | CUSIP: 999999999<br>LEI: 2549003YWC1DW6LALB09 | Long             | EC               | CORP              | GB        |    786300 | NS      | $2445567.55   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Finning International Inc      | Finning International Inc                   | CUSIP: 318071958<br>LEI: 549300QLDCP11KB6XW55 | Long             | EC               | CORP              | CA        |     98400 | NS      | $1806641.08   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Future PLC                     | Future PLC                                  | CUSIP: 999999999<br>LEI: 213800K2581YRLEXV353 | Long             | EC               | CORP              | GB        |     82800 | NS      | $1525639.91   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Gildan Activewear Inc          | Gildan Activewear Inc                       | CUSIP: 375916954<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |     26000 | NS      | $525866.79    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GrainCorp Ltd                  | GrainCorp Ltd                               | CUSIP: 999999999<br>LEI: 529900XVBL825SSW9081 | Long             | EC               | CORP              | AU        |    479100 | NS      | $1644425.40   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Hexatronic Group AB            | Hexatronic Group AB                         | CUSIP: 999999999<br>LEI: 2138001VSY1B4U9JLM82 | Long             | EC               | CORP              | SE        |    383600 | NS      | $500804.74    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Intermediate Capital Group PLC | Intermediate Capital Group PLC              | CUSIP: 999999999<br>LEI: 549300OGASR5WRKJ8R68 | Long             | EC               | CORP              | GB        |    162500 | NS      | $2712244.52   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| IDP Education Ltd              | IDP Education Ltd                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    161000 | NS      | $2020024.87   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| IMI PLC                        | IMI PLC                                     | CUSIP: 999999999<br>LEI: 2138002W9Q21PF751R30 | Long             | EC               | CORP              | GB        |     54200 | NS      | $1023270.20   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Indivior PLC                   | Indivior PLC                                | CUSIP: 999999999<br>LEI: 213800V3NCQTY7IED471 | Long             | EC               | CORP              | GB        |     69600 | NS      | $1882819.49   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| International Petroleum Corp   | International Petroleum Corp                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    200900 | NS      | $216279.36    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Hi-Fi Ltd                   | JB Hi-Fi Ltd                                | CUSIP: 999999999<br>LEI: 529900TPC8H040Y3ZQ65 | Long             | EC               | CORP              | AU        |     81600 | NS      | $1583378.72   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Krones AG                      | Krones AG                                   | CUSIP: 999999999<br>LEI: 529900NY2GSZWWUBW049 | Long             | EC               | CORP              | DE        |     14200 | NS      | $1698493.04   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Keywords Studios PLC           | Keywords Studios PLC                        | CUSIP: 999999999<br>LEI: 2138007VR9ZYCWS7VE12 | Long             | EC               | CORP              | IE        |     45300 | NS      | $1797051.80   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Sindall Group PLC       | Morgan Sindall Group PLC                    | CUSIP: 999999999<br>LEI: 2138008339ULDGZRB345 | Long             | EC               | CORP              | GB        |     35400 | NS      | $795643.98    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Metso Outotec Oyj              | Metso Outotec Oyj                           | CUSIP: 999999999<br>LEI: 549300R0VN9C371W0E07 | Long             | EC               | CORP              | FI        |    297100 | NS      | $3274831.58   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Munters Group AB               | Munters Group AB                            | CUSIP: 999999999<br>LEI: 549300KYCB37YAVUV523 | Long             | EC               | CORP              | SE        |    120700 | NS      | $114035.07    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nexans SA                      | Nexans SA                                   | CUSIP: 999999999<br>LEI: 96950015FU78G84UIV14 | Long             | EC               | CORP              | FR        |     15350 | NS      | $1487152.89   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordic Semiconductor ASA       | Nordic Semiconductor ASA                    | CUSIP: 999999999<br>LEI: 5967007LIEEXZXJGFK95 | Long             | EC               | CORP              | NO        |    334800 | NS      | $572838.81    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Outokumpu Oyj                  | Outokumpu Oyj                               | CUSIP: 999999999<br>LEI: 5493009YRUJJDCFF0R80 | Long             | EC               | CORP              | FI        |    385000 | NS      | $2091554.96   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Parex Resources Inc            | Parex Resources Inc                         | CUSIP: 69946Q955<br>LEI: 549300U7LWRGTY6XWK67 | Long             | EC               | CORP              | CA        |    120724 | NS      | $1326879.05   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Redrow PLC                     | Redrow PLC                                  | CUSIP: 999999999<br>LEI: 2138008WJZBBA7EYEL28 | Long             | EC               | CORP              | GB        |    129500 | NS      | $857857.74    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| RS GROUP PLC                   | RS GROUP PLC                                | CUSIP: 999999999<br>LEI: 549300KVXDURRKVW7R37 | Long             | EC               | CORP              | GB        |    125900 | NS      | $1638691.20   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Rexel SA                       | Rexel SA                                    | CUSIP: 999999999<br>LEI: 969500N6AVPA51648T62 | Long             | EC               | CORP              | FR        |    271000 | NS      | $5737415.77   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sage Group PLC/The             | Sage Group PLC/The                          | CUSIP: 999999999<br>LEI: 2138005RN5XYLTF8G138 | Long             | EC               | CORP              | GB        |    208400 | NS      | $2268504.55   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sixt SE                        | Sixt SE                                     | CUSIP: 999999999<br>LEI: 5299004ZME6CSBR7WP07 | Long             | EC               | CORP              | DE        |      5372 | NS      | $526454.12    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Telecom Plus PLC               | Telecom Plus PLC                            | CUSIP: 999999999<br>LEI: 549300QGHDX5UKE58G86 | Long             | EC               | CORP              | GB        |    119700 | NS      | $3830257.45   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| TFI International Inc          | TFI International Inc                       | CUSIP: 87241L950<br>LEI: 5493007R9W7KO7SJN678 | Long             | EC               | CORP              | CA        |     16000 | NS      | $1183516.65   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Toromont Industries Ltd        | Toromont Industries Ltd                     | CUSIP: 891102956<br>LEI: 5493008W5EPRSLQ0B737 | Long             | EC               | CORP              | CA        |     20800 | NS      | $1108574.84   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Trisura Group Ltd              | Trisura Group Ltd                           | CUSIP: 89679A951<br>LEI: 549300S7H452RZFP8305 | Long             | EC               | CORP              | CA        |     77900 | NS      | $1924431.47   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Wimpey PLC              | Taylor Wimpey PLC                           | CUSIP: 999999999<br>LEI: 21380089BTRXTD8S3R66 | Long             | EC               | CORP              | GB        |    546700 | NS      | $809352.04    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Wallenius Wilhelmsen ASA       | Wallenius Wilhelmsen ASA                    | CUSIP: 999999999<br>LEI: 549300NBN0URT3RA3Y54 | Long             | EC               | CORP              | NO        |    124900 | NS      | $125560.71    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Wise PLC                       | Wise PLC                                    | CUSIP: 999999999<br>LEI: 213800LD9XCHIC1C4V71 | Long             | EC               | CORP              | GB        |    309600 | NS      | $2535538.90   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sleep Country Canada Holdings  | Sleep Country Canada Holdings Inc           | CUSIP: 83125J955<br>LEI: 549300XWL65DNWBSDJ21 | Long             | EC               | CORP              | CA        |     39400 | NS      | $493865.76    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** The Oberweis Funds

**Signature:** Eric Hannemann

**Name of Signer:** Eric Hannemann

**Title:** Treasurer