# EDGAR Filing Document

**Accession Number:** 0001260667
**File Stem:** 0001162044-23-000217
**Filing Date:** 2023-2
**Character Count:** 24942
**Document Hash:** 68cb36bafe99d5d2375c98c257c713b3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-23-000217.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001162044-23-000217

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230221

**DATE AS OF CHANGE**: 20230221

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ANCORA TRUST
- **CENTRAL INDEX KEY:** 0001260667
- **IRS NUMBER:** 020712385
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21418
- **FILM NUMBER:** 23646500

**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:** 216-348-5402

**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:** 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:** $13592866.00

**Total Liabilities:** $74604.00

**Net Assets:** $13518262.00

**Cash Not Reported:** $1000.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000067250 | 8.86%                | 4.07%                | -5.08%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $86211.52                | $1056043.03                                |
| Month 2  | $238717.89               | $338877.47                                 |
| Month 3  | $86159.53                | $-883221.10                                |

### 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        |     39195 | NS      | $206949.60    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| 1847 Goedeker, Inc.                        | 1847 Goedeker, Inc.                                        | CUSIP: 28252C109<br>LEI: 549300D8Y9ETZNNDSB51 | Long             | EC               | CORP              | US        |    642922 | NS      | $384437.00    | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Acacia Research Corp.                      | Acacia Research Corp.                                      | CUSIP: 003881307<br>LEI: 529900BCN7BE6ESPDZ72 | Long             | EC               | CORP              | US        |     39990 | NS      | $168357.90    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Adams Resources & Energy, Inc.             | Adams Resources & Energy, Inc.                             | CUSIP: 006351308<br>LEI: UP28TXL7K8XSRNNC7V02 | Long             | EC               | CORP              | US        |      4261 | NS      | $165838.12    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AerSale Corp.                              | AerSale Corp.                                              | CUSIP: 00810F106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12421 | NS      | $201468.62    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Allot Communications Ltd.                  | Allot Communications Ltd.                                  | CUSIP: M0854Q105<br>LEI: 5493008MLSB5KCVNRK06 | Long             | EC               | CORP              | IL        |     44024 | NS      | $151442.56    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Alto Ingredients, Inc.                     | Alto Ingredients, Inc.                                     | CUSIP: 021513106<br>LEI: 549300TI77MKE21DLE34 | Long             | EC               | CORP              | US        |     81634 | NS      | $235105.92    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| America's Car-Mart, Inc.                   | America's Car-Mart, Inc.                                   | CUSIP: 03062T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2712 | NS      | $195969.12    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Amtech Systems, Inc.                       | Amtech Systems, Inc.                                       | CUSIP: 032332504<br>LEI: 5299008VRUUPETM6HZ85 | Long             | EC               | CORP              | US        |     21809 | NS      | $165748.40    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviat Networks, Inc.                       | Aviat Networks, Inc.                                       | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |      6747 | NS      | $210438.93    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BG Staffing, Inc.                          | BG Staffing, Inc.                                          | CUSIP: 05601C105<br>LEI: 549300AUC6I9ZG3KKQ91 | Long             | EC               | CORP              | US        |     45400 | NS      | $695528.00    | 5.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Coda Octopus Group, Inc.                   | Coda Octopus Group, Inc.                                   | CUSIP: 19188U206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11121 | NS      | $76290.06     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Coffee Holding Company, Inc.               | Coffee Holding Company, Inc.                               | CUSIP: 192176105<br>LEI: 549300FD5P29KIHQU051 | Long             | EC               | CORP              | US        |     54308 | NS      | $110788.32    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Computer Task Group, Inc.                  | Computer Task Group, Inc.                                  | CUSIP: 205477102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55053 | NS      | $416200.68    | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Concrete Pumping Holdings, Inc.            | Concrete Pumping Holdings, Inc.                            | CUSIP: 206704108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29089 | NS      | $170170.65    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Crawford & Company                         | Crawford & Co. (CRD-A)                                     | CUSIP: 224633206<br>LEI: 7TZZFJ2GPOGLWIKIXY82 | Long             | EC               | CORP              | US        |     68763 | NS      | $382322.28    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Culp, Inc.                                 | Culp, Inc.                                                 | CUSIP: 230215105<br>LEI: 549300BIJZDD8EVS1U89 | Long             | EC               | CORP              | US        |     44535 | NS      | $204415.65    | 1.51%             |  |  |  | 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        |      1418 | NS      | $262358.36    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions, Inc.        | Donnelley Financial Solutions, Inc.                        | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |      6807 | NS      | $263090.55    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bulk Shipping, Inc.                  | Eagle Bulk Shipping, Inc.                                  | CUSIP: Y2187A150<br>LEI: 549300EC4INNZBWR8W37 | Long             | EC               | CORP              | MH        |      5775 | NS      | $288403.51    | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Silver Corp.                     | Endeavour Silver Corp.                                     | CUSIP: 29258Y103<br>LEI: 549300IF2E29780PPV02 | Long             | EC               | CORP              | CA        |     27796 | NS      | $90059.04     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Petroleum Corp.                  | Evolution Petroleum Corp.                                  | CUSIP: 30049A107<br>LEI: 549300P9ZXGJZ6SSM116 | Long             | EC               | CORP              | US        |     16081 | NS      | $121411.55    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp.        | Federal Agricultural Mortgage Corp.                        | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |      1583 | NS      | $178419.93    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds, Inc.                 | First American Funds Institutional Government Fund Class Y | CUSIP: 31846V203<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    350867 | NS      | $350867.03    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| First Internet Bancorp                     | First Internet Bancorp                                     | CUSIP: 320557101<br>LEI: 549300T25MP2M92XU194 | Long             | EC               | CORP              | US        |     13619 | NS      | $330669.32    | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Flexsteel Industries, Inc.                 | Flexsteel Industries, Inc.                                 | CUSIP: 339382103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16974 | NS      | $261399.60    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Genco Shipping & Trading Ltd.              | Genco Shipping & Trading Limited                           | CUSIP: Y2685T131<br>LEI: 5493003MBZ5GU8QHXZ58 | Long             | EC               | CORP              | MH        |     22288 | NS      | $342343.68    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Global, Inc.                      | Heritage Global, Inc.                                      | CUSIP: 42727E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97489 | NS      | $229099.15    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Immersion Corp.                            | Immersion Corp.                                            | CUSIP: 452521107<br>LEI: 529900AKNC1UAMQ2YB35 | Long             | EC               | CORP              | US        |     33187 | NS      | $233304.61    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Contract Drilling, Inc.       | Independence Contract Drilling, Inc.                       | CUSIP: 453415606<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33121 | NS      | $108305.67    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Intellicheck, Inc.                         | Intellicheck, Inc.                                         | CUSIP: 45817G201<br>LEI: 5493008ZZ7W6MQKLKS23 | Long             | EC               | CORP              | US        |     34939 | NS      | $69878.00     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| International Money Express, Inc.          | International Money Express, Inc.                          | CUSIP: 46005L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6838 | NS      | $166642.06    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Iteris, Inc.                               | Iteris, Inc.                                               | CUSIP: 46564T107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42239 | NS      | $131363.29    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Karat Packaging, Inc.                      | Karat Packaging Co.                                        | CUSIP: 48563L101<br>LEI: 549300JYUKCQP3P8D632 | Long             | EC               | CORP              | US        |     19863 | NS      | $285431.31    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Key Tronic Corp.                           | Key Tronic Corp.                                           | CUSIP: 493144109<br>LEI: 40TF3VPKEM3IMMIU0O47 | Long             | EC               | CORP              | US        |     28805 | NS      | $124725.65    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimball International, Inc.                | Kimball International, Inc. Class B                        | CUSIP: 494274103<br>LEI: 549300RYF7HKL9SKYG25 | Long             | EC               | CORP              | US        |     44960 | NS      | $292240.00    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| LB Foster Co.                              | LB Foster Co.                                              | CUSIP: 350060109<br>LEI: 549300AUUJGJ2T2L2179 | Long             | EC               | CORP              | US        |     10930 | NS      | $105802.40    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Industries, Inc.                  | Lakeland Industries, Inc.                                  | CUSIP: 511795106<br>LEI: 549300HGP70IM9WKU164 | Long             | EC               | CORP              | US        |     29223 | NS      | $388665.90    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Lifecore Biomedical, Inc.                  | Lifecore Biomedical, Inc.                                  | CUSIP: 514766104<br>LEI: 549300EHBZ5OM9ND9O43 | Long             | EC               | CORP              | US        |     22878 | NS      | $148249.44    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LuxUrban Hotels Inc                        | LuxUrban Hotels, Inc                                       | CUSIP: 21958R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38243 | NS      | $65009.28     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Movado Group, Inc.                         | Movado Group, Inc.                                         | CUSIP: 624580106<br>LEI: 549300WCGCGPWGHVXM59 | Long             | EC               | CORP              | US        |      4311 | NS      | $139029.75    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Natures Sunshine Products, Inc.            | Nature's Sunshine Products, Inc.                           | CUSIP: 639027101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25518 | NS      | $212309.76    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Newtek Business Services Corp.             | Newtek Business Services Corp.                             | CUSIP: 652526203<br>LEI: 549300YLU78IA8GKJ688 | Long             | EC               | CORP              | US        |      4131 | NS      | $67128.75     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Group Holdings, Inc.                 | Orion Group Holdings, Inc.                                 | CUSIP: 68628V308<br>LEI: 549300KBVXPV9Q3CT222 | Long             | EC               | CORP              | US        |    105543 | NS      | $251192.34    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| PCTEL, Inc.                                | PCTEL, Inc.                                                | CUSIP: 69325Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13847 | NS      | $59542.10     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Perma-Fix Environmental Services, Inc.     | Perma-Fix Environmental Services, Inc.                     | CUSIP: 714157203<br>LEI: 54930015OVD1T5P12U15 | Long             | EC               | CORP              | US        |     58471 | NS      | $206402.63    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Postal Realty Trust, Inc.                  | Postal Realty Trust, Inc.                                  | CUSIP: 73757R102<br>LEI: 5493007B7ZZSIJRGWC41 | Long             | EC               | CORP              | US        |     24214 | NS      | $351829.42    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Psychemedics Corp.                         | Psychemedics Corp.                                         | CUSIP: 744375205<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26088 | NS      | $127953.81    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Richardson Electronics Ltd.                | Richardson Electronics Ltd.                                | CUSIP: 763165107<br>LEI: 549300GOMBESVM3KKE53 | Long             | EC               | CORP              | US        |     17553 | NS      | $374405.49    | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Sachem Cap Corp.                           | Sachem Capital Corp.                                       | CUSIP: 78590A109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11659 | NS      | $38474.70     | 0.28%             |  |  |  | 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        |     30340 | NS      | $569481.80    | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith & Wesson Brands, Inc.                | Smith & Wesson Brands, Inc.                                | CUSIP: 831754106<br>LEI: 5493004PFHUPOR1PWN79 | Long             | EC               | CORP              | US        |     36578 | NS      | $317497.04    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Construction Co., Inc.            | Sterling Construction Co., Inc.                            | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      6605 | NS      | $216644.00    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| TIPTREE, Inc.                              | TIPTREE, Inc.                                              | CUSIP: 88822Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25769 | NS      | $356642.96    | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Tankers Ltd.                        | Teekay Tankers Ltd.                                        | CUSIP: Y8565N300<br>LEI: 549300DE8ZAIYS2T6Q22 | Long             | EC               | CORP              | MH        |      4991 | NS      | $153772.71    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| The First of Long Island Corp.             | The First of Long Island Corp.                             | CUSIP: 320734106<br>LEI: WO4YNEKNSZNVVA7Q7C46 | Long             | EC               | CORP              | US        |     12731 | NS      | $229158.00    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Stainless & Alloy Products, Inc. | Universal Stainless & Alloy Products, Inc.                 | CUSIP: 913837100<br>LEI: 5493001OEIZDUGXZDE09 | Long             | EC               | CORP              | US        |     14327 | NS      | $102724.59    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| VOXX International Corp.                   | VOXX International Corp.                                   | CUSIP: 91829F104<br>LEI: EC1QKSEOVR96PYJPNS25 | Long             | EC               | CORP              | US        |     18294 | NS      | $153303.72    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaalco Energy, Inc.                        | Vaalco Energy, Inc.                                        | CUSIP: 91851C201<br>LEI: 549300CFHFVIWB8M6T24 | Long             | EC               | CORP              | US        |    107593 | NS      | $490624.08    | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Viemed Healthcare, Inc.                    | Viemed Healthcare, Inc.                                    | CUSIP: 92663R105<br>LEI: 254900XU539S8GOIOW89 | Long             | EC               | CORP              | CA        |     19496 | NS      | $147389.76    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Zagg/Cvr.Us                                | Zagg/Cvr.Us                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     71453 | NS      | $10717.95     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** Ancora Trust

**Signature:** /s/ Bradley Zucker

**Name of Signer:** Bradley Zucker

**Title:** President, Treasurer and Secretary