Short 7-10 Year Treasury Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 86.1% | ||||||||
REPURCHASE AGREEMENTS(a) - 51.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $75,021,289 | ||||||||
(Cost $75,016,702) | 75,016,702 | 75,016,702 | ||||||
U.S. TREASURY OBLIGATIONS - 34.4% | ||||||||
U.S. Treasury Bills | ||||||||
1.53%, 9/15/2022(b) | 25,000,000 | 24,979,195 | ||||||
1.33%, 10/13/2022(b) | 25,000,000 | 24,932,698 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $49,946,674) | 49,911,893 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $124,963,376) | 124,928,595 | |||||||
Total Investments - 86.1% (Cost $124,963,376) | 124,928,595 | |||||||
Other assets less liabilities - 13.9% | 20,205,682 | |||||||
Net Assets - 100.0% | 145,134,277 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | The rate shown was the current yield as of August 31, 2022. |
Short 7-10 Year Treasury Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Sold |
Short 7-10 Year Treasury had the following open short futures contracts as of August 31, 2022: |
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value
and Unrealized Appreciation | ||||||||||
U.S. Treasury 10 Year Note | 3 | 12/20/2022 | USD | $ | 349,875 | $ | 3,698 |
Swap Agreements |
Short 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022: |
Notional
Amount ($) | Termination
Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(70,376,197 | ) | 11/7/2022 | Bank of America NA | (1.84 | )% | ICE U.S. Treasury 7-10 Year Bond Index | 4,122,591 | ||||||||
(67,162,365 | ) | 2/17/2023 | Citibank NA | (1.86 | )% | ICE U.S. Treasury 7-10 Year Bond Index | (2,428,921 | ) | |||||||
(7,098,294 | ) | 1/16/2024 | Goldman Sachs International | (2.11 | )% | ICE U.S. Treasury 7-10 Year Bond Index | 103,087 | ||||||||
(144,636,856 | ) | 1,796,757 | |||||||||||||
Total Unrealized Appreciation | 4,225,678 | ||||||||||||||
Total Unrealized Depreciation | (2,428,921 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations |
USD | U.S. Dollar |
Short 20+ Year Treasury Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 97.7% | ||||||||
REPURCHASE AGREEMENTS(a) - 15.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $74,224,506 | ||||||||
(Cost $74,219,969) | 74,219,969 | 74,219,969 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 82.0% | ||||||||
U.S. Treasury Bills | ||||||||
0.08%, 9/8/2022(c) | 30,000,000 | 29,988,129 | ||||||
0.51%, 11/3/2022(c) | 35,000,000 | 34,839,209 | ||||||
2.49%, 11/10/2022(c) | 100,000,000 | 99,494,606 | ||||||
2.61%, 11/17/2022(c) | 100,000,000 | 99,427,847 | ||||||
2.64%, 12/1/2022(c) | 100,000,000 | 99,275,602 | ||||||
0.69%, 12/29/2022(c) | 25,000,000 | 24,753,116 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $388,215,977) | 387,778,509 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $462,435,946) | 461,998,478 | |||||||
Total Investments - 97.7% (Cost $462,435,946) | 461,998,478 | |||||||
Other assets less liabilities - 2.3% | 10,772,918 | |||||||
Net Assets - 100.0% | 472,771,396 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $62,652,974. |
(c) | The rate shown was the current yield as of August 31, 2022. |
Short 20+ Year Treasury Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Sold
Short 20+ Year Treasury had the following open short futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||
U.S. Treasury Long Bond | 125 | 12/20/2022 | USD | $ | 16,933,594 | $ | 211,977 |
Swap Agreements | |||||||||||||||
Short 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022: | |||||||||||||||
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(13,654,442 | ) | 1/16/2023 | Bank of America NA | (2.03 | )% | ICE U.S. Treasury 20+ Year Bond Index | 337,468 | ||||||||
(276,746,101 | ) | 2/17/2023 | Citibank NA | (1.88 | )% | ICE U.S. Treasury 20+ Year Bond Index | (361,883 | ) | |||||||
(61,657,667 | ) | 1/16/2023 | Goldman Sachs International | (1.91 | )% | ICE U.S. Treasury 20+ Year Bond Index | 2,942,238 | ||||||||
(114,098,379 | ) | 1/16/2024 | Societe Generale | (2.05 | )% | ICE U.S. Treasury 20+ Year Bond Index | 7,678,956 | ||||||||
(466,156,589 | ) | 10,596,779 | |||||||||||||
Total Unrealized Appreciation | 10,958,662 | ||||||||||||||
Total Unrealized Depreciation | (361,883 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Short Dow30SM Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 89.0% | ||||||||
REPURCHASE AGREEMENTS(a) - 18.2% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $52,378,040 | ||||||||
(Cost $52,374,838) | 52,374,838 | 52,374,838 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 70.8% | ||||||||
U.S. Treasury Bills | ||||||||
0.09%, 9/8/2022(c) | 45,000,000 | 44,982,194 | ||||||
1.68%, 9/29/2022(c) | 25,000,000 | 24,958,661 | ||||||
0.51%, 11/3/2022(c) | 35,000,000 | 34,839,209 | ||||||
2.49%, 11/10/2022(c) | 50,000,000 | 49,747,303 | ||||||
2.64%, 12/1/2022(c) | 50,000,000 | 49,637,801 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $204,364,906) | 204,165,168 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $256,739,744) | 256,540,006 | |||||||
Total Investments - 89.0% (Cost $256,739,744) | 256,540,006 | |||||||
Other assets less liabilities - 11.0% | 31,564,872 | |||||||
Net Assets - 100.0% | 288,104,878 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $16,040,420. |
(c) | The rate shown was the current yield as of August 31, 2022. |
Short Dow30SM Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Sold
Short Dow30SM had the following open short futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Depreciation | ||||||||||
DJIA CBOT E-Mini Index | 137 | 9/16/2022 | USD | $ | 21,599,420 | $ | (281,536 | ) |
Swap Agreements | |||||||||||||||
Short Dow30SM had the following open non-exchange traded total return swap agreements as of August 31, 2022: | |||||||||||||||
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference
Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(99,163,323 | ) | 5/8/2023 | Bank of America NA | (2.53 | )% | Dow Jones Industrial AverageSM | 3,335,915 | ||||||||
(18,181,518 | ) | 11/6/2023 | Barclays Capital | (2.53 | )% | Dow Jones Industrial AverageSM | 181,736 | ||||||||
(72,883,625 | ) | 5/8/2023 | BNP Paribas SA | (2.63 | )% | Dow Jones Industrial AverageSM | 8,171,456 | ||||||||
(21,143,498 | ) | 4/10/2023 | Citibank NA | (2.81 | )% | Dow Jones Industrial AverageSM | (726,348 | ) | |||||||
(8,696,879 | ) | 3/7/2023 | Goldman Sachs International | (2.68 | )% | Dow Jones Industrial AverageSM | 1,172,715 | ||||||||
(11,973,963 | ) | 3/7/2023 | Societe Generale | (2.43 | )% | Dow Jones Industrial AverageSM | 275,169 | ||||||||
(34,437,812 | ) | 3/7/2023 | UBS AG | (2.53 | )% | Dow Jones Industrial AverageSM | 6,862,121 | ||||||||
(266,480,618 | ) | 19,272,764 | |||||||||||||
Total Unrealized Appreciation | 19,999,112 | ||||||||||||||
Total Unrealized Depreciation | (726,348 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Short Financials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 82.6% | ||||||||
REPURCHASE AGREEMENTS(a) - 82.6% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $25,437,910 | ||||||||
(Cost $25,436,356) | 25,436,356 | 25,436,356 | ||||||
Total Investments - 82.6% (Cost $25,436,356) | 25,436,356 | |||||||
Other assets less liabilities - 17.4% | 5,356,350 | |||||||
Net Assets - 100.0% | 30,792,706 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Short Financials had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(3,461,084 | ) | 5/8/2023 | Bank of America NA | (2.23 | )% | Dow Jones U.S. FinancialsSM Indexc | 212,263 | ||||||||
(4,577,841 | ) | 5/8/2023 | BNP Paribas SA | (2.53 | )% | Dow Jones U.S. FinancialsSM Indexc | 866,572 | ||||||||
(1,393,068 | ) | 4/10/2023 | Citibank NA | (2.48 | )% | Dow Jones U.S. FinancialsSM Indexc | 149,886 | ||||||||
(6,236,426 | ) | 3/7/2023 | Goldman Sachs International | (2.43 | )% | Dow Jones U.S. FinancialsSM Indexc | (385,105 | ) | |||||||
(832,531 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. FinancialsSM Indexc | (253,122 | ) | |||||||
(7,169,696 | ) | 3/7/2023 | Societe Generale | (2.43 | )% | Dow Jones U.S. FinancialsSM Indexc | (132,213 | ) | |||||||
(7,086,227 | ) | 3/7/2023 | UBS AG | (2.43 | )% | Dow Jones U.S. FinancialsSM Indexc | 160,556 | ||||||||
(30,756,873 | ) | 618,837 | |||||||||||||
Total Unrealized Appreciation | 1,389,277 | ||||||||||||||
Total Unrealized Depreciation | (770,440 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
c | See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Financials for the components of the underlying reference instrument and their relative weightings. |
Short FTSE China 50
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 72.5% | ||||||||
REPURCHASE AGREEMENTS(a) - 72.5% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $5,725,245 | ||||||||
(Cost $5,724,895) | 5,724,895 | 5,724,895 | ||||||
Total Investments - 72.5% (Cost $5,724,895) | 5,724,895 | |||||||
Other assets less liabilities - 27.5% | 2,173,102 | |||||||
Net Assets - 100.0% | 7,897,997 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
Short FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Dateb | Counterparty | Rate Paid (Received)c | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(1,439,230 | ) | 4/10/2023 | Bank of America NA | (0.83 | )% | iShares® China Large-Cap ETF | (442,266 | ) | |||||||
(2,316,484 | ) | 4/10/2023 | Citibank NA | 0.42 | % | iShares® China Large-Cap ETF | (170,521 | ) | |||||||
(1,597,264 | ) | 3/7/2023 | Goldman Sachs International | (1.83 | )% | iShares® China Large-Cap ETF | 235,772 | ||||||||
(1,612,759 | ) | 3/7/2023 | Societe Generale | (0.68 | )% | iShares® China Large-Cap ETF | 79,470 | ||||||||
(937,440 | ) | 4/10/2023 | UBS AG | (0.58 | )% | iShares® China Large-Cap ETF | (5,755 | ) | |||||||
(7,903,177 | ) | (303,300 | ) | ||||||||||||
Total Unrealized Appreciation | 315,242 | ||||||||||||||
Total Unrealized Depreciation | (618,542 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Short High Yield
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 82.3% | ||||||||
REPURCHASE AGREEMENTS(a) - 13.3% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $48,053,889 | ||||||||
(Cost $48,050,950) | 48,050,950 | 48,050,950 | ||||||
U.S. TREASURY OBLIGATIONS - 69.0% | ||||||||
U.S. Treasury Bills | ||||||||
1.51%, 9/13/2022(b) | 50,000,000 | 49,963,917 | ||||||
1.63%, 9/22/2022(b) | 125,000,000 | 124,850,521 | ||||||
2.49%, 11/10/2022(b) | 75,000,000 | 74,620,954 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $249,496,156) | 249,435,392 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $297,547,106) | 297,486,342 | |||||||
Total Investments - 82.3% (Cost $297,547,106) | 297,486,342 | |||||||
Other assets less liabilities - 17.7% | 63,864,955 | |||||||
Net Assets - 100.0% | 361,351,297 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | The rate shown was the current yield as of August 31, 2022. |
Short High Yield
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Swap Agreementsa
Short High Yield had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Dateb | Counterparty | Rate Paid (Received)c | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(18,650,445 | ) | 3/7/2024 | BNP Paribas SA | 0.67 | % | iShares® iBoxx $ High Yield Corporate Bond ETF | (24,659 | ) | |||||||
(282,453,205 | ) | 4/10/2023 | Citibank NA | 0.42 | % | iShares® iBoxx $ High Yield Corporate Bond ETF | 7,274,052 | ||||||||
(4,872,612 | ) | 3/7/2023 | Goldman Sachs International | 1.92 | % | iShares® iBoxx $ High Yield Corporate Bond ETF | 3,001,822 | ||||||||
(54,816,118 | ) | 11/7/2022 | UBS AG | 0.67 | % | iShares® iBoxx $ High Yield Corporate Bond ETF | 4,920,236 | ||||||||
(360,792,380 | ) | 15,171,451 | |||||||||||||
Total Unrealized Appreciation | 15,196,110 | ||||||||||||||
Total Unrealized Depreciation | (24,659 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Short MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 85.7% | ||||||||
REPURCHASE AGREEMENTS(a) - 85.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $11,742,092 | ||||||||
(Cost $11,741,374) | 11,741,374 | 11,741,374 | ||||||
Total Investments - 85.7% (Cost $11,741,374) | 11,741,374 | |||||||
Other assets less liabilities - 14.3% | 1,959,313 | |||||||
Net Assets - 100.0% | 13,700,687 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Short MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
Short MidCap400 had the following open short futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||||
S&P Midcap 400 E-Mini Index | 3 | 9/16/2022 | USD | $ | 729,090 | $ | 13,801 |
Swap Agreements
Short MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(3,576,074 | ) | 5/8/2023 | Bank of America NA | (2.43 | )% | S&P MidCap 400® | 124,259 | ||||||||
(3,002,347 | ) | 5/8/2023 | BNP Paribas SA | (2.48 | )% | S&P MidCap 400® | 240,286 | ||||||||
(819,264 | ) | 4/10/2023 | Citibank NA | (2.53 | )% | S&P MidCap 400® | 280,030 | ||||||||
(719,591 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (2.13 | )% | S&P MidCap 400® | (238,487 | ) | |||||||
(4,847,514 | ) | 3/7/2023 | Societe Generale | (2.06 | )% | S&P MidCap 400® | 457,772 | ||||||||
(12,964,790 | ) | 863,860 | |||||||||||||
Total Unrealized Appreciation | 1,102,347 | ||||||||||||||
Total Unrealized Depreciation | (238,487 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Short MSCI EAFE
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 82.7% | ||||||||
REPURCHASE AGREEMENTS(a) - 82.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $98,386,133 | ||||||||
(Cost $98,380,118) | 98,380,118 | 98,380,118 | ||||||
Total Investments - 82.7% (Cost $98,380,118) | 98,380,118 | |||||||
Other assets less liabilities - 17.3% | 20,641,207 | |||||||
Net Assets - 100.0% | 119,021,325 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
Short MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Dateb | Counterparty | Rate
Paid (Received)c | Reference Instrument | Value and
Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(21,410,244 | ) | 4/10/2023 | Citibank NA | (1.93 | )% | iShares® MSCI EAFE ETF | 1,715,101 | ||||||||
(40,139,201 | ) | 3/7/2023 | Goldman Sachs International | (2.38 | )% | iShares® MSCI EAFE ETF | 2,377,968 | ||||||||
(10,805,258 | ) | 3/7/2023 | Societe Generale | (1.53 | )% | iShares® MSCI EAFE ETF | (691,253 | ) | |||||||
(46,391,219 | ) | 3/7/2023 | UBS AG | (1.93 | )% | iShares® MSCI EAFE ETF | 2,837,710 | ||||||||
(118,745,922 | ) | 6,239,526 | |||||||||||||
Total Unrealized Appreciation | 6,930,779 | ||||||||||||||
Total Unrealized Depreciation | (691,253 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Short MSCI Emerging Markets
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 76.9% | ||||||||
REPURCHASE AGREEMENTS(a) - 76.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $39,884,942 | ||||||||
(Cost $39,882,503) | 39,882,503 | 39,882,503 | ||||||
Total Investments - 76.9% (Cost $39,882,503) | 39,882,503 | |||||||
Other assets less liabilities - 23.1% | 12,006,438 | |||||||
Net Assets - 100.0% | 51,888,941 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
Short MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Dateb | Counterparty | Rate
Paid (Received)c | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(8,109,734 | ) | 5/8/2023 | Bank of America NA | (1.53 | )% | iShares® MSCI Emerging Markets ETF | 773,999 | ||||||||
(534,545 | ) | 4/10/2023 | Citibank NA | (1.78 | )% | iShares® MSCI Emerging Markets ETF | 2,292,867 | ||||||||
(25,165,969 | ) | 3/7/2023 | Goldman Sachs International | (1.83 | )% | iShares® MSCI Emerging Markets ETF | 918,650 | ||||||||
(459,729 | ) | 4/10/2023 | Morgan Stanley & Co. International plc | (1.78 | )% | iShares® MSCI Emerging Markets ETF | 124,722 | ||||||||
(9,776,374 | ) | 3/7/2023 | Societe Generale | (0.63 | )% | iShares® MSCI Emerging Markets ETF | (317,726 | ) | |||||||
(7,744,511 | ) | 11/9/2022 | UBS AG | (1.23 | )% | iShares® MSCI Emerging Markets ETF | 1,268,050 | ||||||||
(51,790,862 | ) | 5,060,562 | |||||||||||||
Total Unrealized Appreciation | 5,378,288 | ||||||||||||||
Total Unrealized Depreciation | (317,726 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Short QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 89.2% | ||||||||
REPURCHASE AGREEMENTS(a) - 16.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $288,227,266 | ||||||||
(Cost $288,209,648) | 288,209,648 | 288,209,648 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 72.5% | ||||||||
U.S. Treasury Bills | ||||||||
1.90%, 9/1/2022(c) | 50,000,000 | 50,000,000 | ||||||
0.14%, 9/8/2022(c) | 45,000,000 | 44,982,194 | ||||||
1.15%, 9/13/2022(c) | 75,000,000 | 74,945,875 | ||||||
1.53%, 9/15/2022(c) | 75,000,000 | 74,937,583 | ||||||
2.09%, 9/22/2022(c) | 100,000,000 | 99,880,417 | ||||||
1.69%, 9/29/2022(c) | 225,000,000 | 224,627,949 | ||||||
1.33%, 10/13/2022(c) | 75,000,000 | 74,798,094 | ||||||
1.34%, 10/20/2022(c) | 50,000,000 | 49,833,093 | ||||||
0.51%, 11/3/2022(c) | 50,000,000 | 49,770,298 | ||||||
2.42%, 11/8/2022(c) | 100,000,000 | 99,515,217 | ||||||
2.51%, 11/10/2022(c) | 125,000,000 | 124,368,258 | ||||||
2.64%, 11/17/2022(c) | 200,000,000 | 198,855,694 | ||||||
2.64%, 12/1/2022(c) | 50,000,000 | 49,637,801 | ||||||
0.69%, 12/29/2022(c) | 40,000,000 | 39,604,986 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,256,654,323) | 1,255,757,459 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,544,863,971) | 1,543,967,107 | |||||||
Total Investments - 89.2% (Cost $1,544,863,971) | 1,543,967,107 | |||||||
Other assets less liabilities - 10.8% | 186,709,227 | |||||||
Net Assets - 100.0% | 1,730,676,334 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $115,947,653. |
(c) | The rate shown was the current yield as of August 31, 2022. |
Short QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
Short QQQ had the following open short futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||||
NASDAQ 100 E-Mini Index | 370 | 9/16/2022 | USD | $ | 90,910,850 | $ | 1,764,894 |
Swap Agreements
Short QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(136,182,717 | ) | 5/8/2023 | Bank of America NA | (2.63 | )% | NASDAQ-100 Index® | 16,577,254 | ||||||||
(71,140,958 | ) | 11/6/2023 | Barclays Capital | (2.53 | )% | NASDAQ-100 Index® | (9,126,034 | ) | |||||||
(208,759,502 | ) | 5/8/2023 | BNP Paribas SA | (2.68 | )% | NASDAQ-100 Index® | 52,598,431 | ||||||||
(250,312,596 | ) | 4/10/2023 | Citibank NA | (2.81 | )% | NASDAQ-100 Index® | 22,694,635 | ||||||||
(169,820,351 | ) | 3/7/2023 | Goldman Sachs International | (2.68 | )% | NASDAQ-100 Index® | 14,580,757 | ||||||||
(195,382,990 | ) | 5/8/2023 | J.P. Morgan Securities | (2.48 | )% | NASDAQ-100 Index® | 9,791,266 | ||||||||
(82,112,153 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (2.13 | )% | NASDAQ-100 Index® | 1,990,529 | ||||||||
(367,485,938 | ) | 3/7/2023 | Societe Generale | (2.88 | )% | NASDAQ-100 Index® | 10,027,797 | ||||||||
(158,575,834 | ) | 3/7/2023 | UBS AG | (2.48 | )% | NASDAQ-100 Index® | 18,702,852 | ||||||||
(1,639,773,039 | ) | 137,837,487 | |||||||||||||
Total Unrealized Appreciation | 146,963,521 | ||||||||||||||
Total Unrealized Depreciation | (9,126,034 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Short Real Estate
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 88.5% | ||||||||
REPURCHASE AGREEMENTS(a) - 88.5% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $34,066,033 | ||||||||
(Cost $34,063,951) | 34,063,951 | 34,063,951 | ||||||
Total Investments - 88.5% (Cost $34,063,951) | 34,063,951 | |||||||
Other assets less liabilities - 11.5% | 4,413,720 | |||||||
Net Assets - 100.0% | 38,477,671 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Short Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(18,226,011 | ) | 5/8/2023 | Bank of America NA | (2.68 | )% | Dow Jones U.S. Real EstateSM Index | 126,261 | ||||||||
(9,489,975 | ) | 5/8/2023 | BNP Paribas SA | (2.53 | )% | Dow Jones U.S. Real EstateSM Index | 316,230 | ||||||||
(1,894,342 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. Real EstateSM Index | (309,334 | ) | |||||||
(2,829,824 | ) | 3/7/2023 | Societe Generale | (2.38 | )% | Dow Jones U.S. Real EstateSM Index | 256,918 | ||||||||
(5,909,865 | ) | 3/7/2023 | UBS AG | (2.08 | )% | Dow Jones U.S. Real EstateSM Index | (1,071,026 | ) | |||||||
(38,350,017 | ) | (680,951 | ) | ||||||||||||
Total Unrealized Appreciation | 699,409 | ||||||||||||||
Total Unrealized Depreciation | (1,380,360 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Short Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 90.8% | ||||||||
REPURCHASE AGREEMENTS(a) - 31.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $175,101,013 | ||||||||
(Cost $175,090,308) | 175,090,308 | 175,090,308 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 58.9% | ||||||||
U.S. Treasury Bills | ||||||||
1.82%, 9/22/2022(c) | 175,000,000 | 174,790,730 | ||||||
0.51%, 11/3/2022(c) | 25,000,000 | 24,885,149 | ||||||
2.51%, 11/10/2022(c) | 100,000,000 | 99,494,606 | ||||||
0.69%, 12/29/2022(c) | 25,000,000 | 24,753,116 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $324,250,220) | 323,923,601 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $499,340,528) | 499,013,909 | |||||||
Total Investments - 90.8% (Cost $499,340,528) | 499,013,909 | |||||||
Other assets less liabilities - 9.2% | 50,344,941 | |||||||
Net Assets - 100.0% | 549,358,850 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $46,361,710. |
(c) | The rate shown was the current yield as of August 31, 2022. |
Short Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
Short Russell2000 had the following open short futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and
Unrealized Depreciation | ||||||||||
Russell 2000 E-Mini Index | 219 | 9/16/2022 | USD | $ | 20,198,370 | $ | (167,055 | ) |
Swap Agreements
Short Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(176,570,802 | ) | 11/7/2022 | Bank of America NA | (1.68 | )% | Russell 2000® Index | 8,703,999 | ||||||||
(22,509,329 | ) | 11/6/2023 | Barclays Capital | (2.43 | )% | Russell 2000® Index | (409,704 | ) | |||||||
(83,492,533 | ) | 5/8/2023 | BNP Paribas SA | (2.18 | )% | Russell 2000® Index | 5,004,513 | ||||||||
(93,240,551 | ) | 4/10/2023 | Citibank NA | (2.14 | )% | Russell 2000® Index | 2,915,361 | ||||||||
(62,846,562 | ) | 3/7/2023 | Goldman Sachs International | (2.33 | )% | Russell 2000® Index | 22,669,120 | ||||||||
(48,813,856 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (2.03 | )% | Russell 2000® Index | 3,859,589 | ||||||||
(18,636,677 | ) | 3/7/2023 | Societe Generale | (1.98 | )% | Russell 2000® Index | (2,877,243 | ) | |||||||
(22,857,242 | ) | 3/7/2023 | UBS AG | (1.83 | )% | Russell 2000® Index | 6,919,791 | ||||||||
(528,967,552 | ) | 46,785,426 | |||||||||||||
Total Unrealized Appreciation | 50,072,373 | ||||||||||||||
Total Unrealized Depreciation | (3,286,947 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Short S&P500® Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 88.3% | ||||||||
REPURCHASE AGREEMENTS(a) - 13.8% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $475,228,982 | ||||||||
(Cost $475,199,929) | 475,199,929 | 475,199,929 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 74.5% | ||||||||
U.S. Treasury Bills | ||||||||
1.90%, 9/1/2022(c) | 100,000,000 | 100,000,000 | ||||||
0.94%, 9/8/2022(c) | 150,000,000 | 149,940,647 | ||||||
1.36%, 9/13/2022(c) | 175,000,000 | 174,873,708 | ||||||
1.53%, 9/15/2022(c) | 50,000,000 | 49,958,389 | ||||||
1.57%, 9/22/2022(c) | 100,000,000 | 99,880,417 | ||||||
1.69%, 9/29/2022(c) | 350,000,000 | 349,421,254 | ||||||
1.34%, 10/6/2022(c) | 100,000,000 | 99,786,111 | ||||||
1.33%, 10/13/2022(c) | 25,000,000 | 24,932,698 | ||||||
2.40%, 10/20/2022(c) | 125,000,000 | 124,582,734 | ||||||
0.51%, 11/3/2022(c) | 75,000,000 | 74,655,447 | ||||||
2.42%, 11/8/2022(c) | 100,000,000 | 99,515,217 | ||||||
2.50%, 11/10/2022(c) | 220,000,000 | 218,888,133 | ||||||
2.64%, 11/17/2022(c) | 175,000,000 | 173,998,732 | ||||||
2.44%, 11/25/2022(c) | 100,000,000 | 99,339,155 | ||||||
2.59%, 12/1/2022(c) | 250,000,000 | 248,189,005 | ||||||
2.70%, 12/29/2022(c) | 225,000,000 | 222,778,046 | ||||||
2.97%, 1/12/2023(c) | 200,000,000 | 197,774,836 | ||||||
2.68%, 2/23/2023(c) | 50,000,000 | 49,219,184 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $2,559,179,178) | 2,557,733,713 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $3,034,379,107) | 3,032,933,642 | |||||||
Total Investments - 88.3% (Cost $3,034,379,107) | 3,032,933,642 | |||||||
Other assets less liabilities - 11.7% | 402,703,535 | |||||||
Net Assets - 100.0% | 3,435,637,177 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $257,829,664. |
(c) | The rate shown was the current yield as of August 31, 2022. |
Short S&P500® Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Sold
Short S&P500® had the following open short futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||
S&P 500 E-Mini Index | 563 | 9/16/2022 | USD | $ | 111,375,475 | $ | 3,297,936 |
Swap Agreements
Short S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(591,153,850 | ) | 5/8/2023 | Bank of America NA | (2.38 | )% | S&P 500® | 75,784,425 | ||||||||
(447,464,745 | ) | 5/8/2023 | BNP Paribas SA | (2.63 | )% | S&P 500® | 32,380,740 | ||||||||
(297,396,225 | ) | 4/10/2023 | Citibank NA | (2.81 | )% | S&P 500® | 14,387,018 | ||||||||
(428,290,905 | ) | 3/7/2023 | Goldman Sachs International | (2.68 | )% | S&P 500® | 30,920,057 | ||||||||
(356,875,470 | ) | 5/8/2023 | J.P. Morgan Securities | (2.48 | )% | S&P 500® | 21,876,982 | ||||||||
(114,908,570 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (2.13 | )% | S&P 500® | (476,529 | ) | |||||||
(765,814,560 | ) | 3/7/2023 | Societe Generale | (2.53 | )% | S&P 500® | 25,351,752 | ||||||||
(322,153,370 | ) | 3/7/2023 | UBS AG | (2.48 | )% | S&P 500® | 179,352 | ||||||||
(3,324,057,695 | ) | 200,403,797 | |||||||||||||
Total Unrealized Appreciation | 200,880,326 | ||||||||||||||
Total Unrealized Depreciation | (476,529 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Short SmallCap600
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 77.8% | ||||||||
REPURCHASE AGREEMENTS(a) - 77.8% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $9,253,698 | ||||||||
(Cost $9,253,132) | 9,253,132 | 9,253,132 | ||||||
Total Investments - 77.8% (Cost $9,253,132) | 9,253,132 | |||||||
Other assets less liabilities - 22.2% | 2,633,338 | |||||||
Net Assets - 100.0% | 11,886,470 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Short SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(2,681,715 | ) | 11/7/2022 | Bank of America NA | (2.33 | )% | S&P SmallCap 600® | 92,919 | ||||||||
(1,110,573 | ) | 4/10/2023 | Citibank NA | (2.48 | )% | S&P SmallCap 600® | 234,944 | ||||||||
(1,735,715 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | S&P SmallCap 600® | (73,108 | ) | |||||||
(5,024,811 | ) | 3/7/2023 | Societe Generale | (1.98 | )% | S&P SmallCap 600® | 256,110 | ||||||||
(1,333,161 | ) | 11/7/2022 | UBS AG | (2.18 | )% | S&P SmallCap 600® | (212,048 | ) | |||||||
(11,885,975 | ) | 298,817 | |||||||||||||
Total Unrealized Appreciation | 583,973 | ||||||||||||||
Total Unrealized Depreciation | (285,156 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 102.0% | ||||||||
REPURCHASE AGREEMENTS(a) - 102.0% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $14,714,064 | ||||||||
(Cost $14,713,163) | 14,713,163 | 14,713,163 | ||||||
Total Investments - 102.0% (Cost $14,713,163) | 14,713,163 | |||||||
Liabilities in excess of other assets - (2.0%) | (283,532 | ) | ||||||
Net Assets - 100.0% | 14,429,631 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Ultra 7-10 Year Treasury Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Purchased
Ultra 7-10 Year Treasury had the following open long futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Depreciation | ||||||||||
U.S. Treasury 10 Year Note | 4 | 12/20/2022 | USD | $ | 466,500 | $ | (5,007 | ) |
Swap Agreements
Ultra 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | ||||||||||
1,851,915 | 11/7/2022 | Bank of America NA | 1.84 | % | ICE U.S. Treasury 7-10 Year Bond Index | (52,604 | ) | ||||||||
12,251,468 | 11/6/2023 | Citibank NA | 2.18 | % | ICE U.S. Treasury 7-10 Year Bond Index | (417,592 | ) | ||||||||
14,445,494 | 11/6/2023 | Goldman Sachs International | 2.11 | % | ICE U.S. Treasury 7-10 Year Bond Index | (1,924,389 | ) | ||||||||
28,548,877 | (2,394,585 | ) | |||||||||||||
Total Unrealized Depreciation | (2,394,585 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Ultra 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 97.9% | ||||||||
REPURCHASE AGREEMENTS(a) - 97.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $41,545,463 | ||||||||
(Cost $41,542,920) | 41,542,920 | 41,542,920 | ||||||
Total Investments - 97.9% (Cost $41,542,920) | 41,542,920 | |||||||
Other assets less liabilities - 2.1% | 911,178 | |||||||
Net Assets - 100.0% | 42,454,098 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Ultra 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Purchased
Ultra 20+ Year Treasury had the following open long futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Depreciation | ||||||||||
U.S. Treasury Long Bond | 4 | 12/20/2022 | USD | $ | 541,875 | $ | (6,882 | ) |
Swap Agreements
Ultra 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | ||||||||||
20,988,834 | 1/16/2023 | Bank of America NA | 2.03 | % | ICE U.S. Treasury 20+ Year Bond Index | (1,161,021 | ) | ||||||||
41,877,318 | 2/17/2023 | Citibank NA | 2.25 | % | ICE U.S. Treasury 20+ Year Bond Index | (2,261,913 | ) | ||||||||
957,613 | 1/16/2024 | Goldman Sachs International | 1.91 | % | ICE U.S. Treasury 20+ Year Bond Index | (43,525 | ) | ||||||||
20,359,773 | 1/16/2024 | Societe Generale | 2.47 | % | ICE U.S. Treasury 20+ Year Bond Index | (989,951 | ) | ||||||||
84,183,538 | (4,456,410 | ) | |||||||||||||
Total Unrealized Depreciation | (4,456,410 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Ultra Basic Materials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 88.4% | ||||||||
Chemicals - 68.4% | ||||||||
Air Products and Chemicals, Inc. | 10,183 | 2,570,698 | ||||||
Albemarle Corp. | 5,382 | 1,442,161 | ||||||
Ashland, Inc. | 2,325 | 236,592 | ||||||
Axalta Coating Systems Ltd.* | 9,564 | 246,273 | ||||||
Celanese Corp. | 4,971 | 551,085 | ||||||
CF Industries Holdings, Inc. | 9,582 | 991,354 | ||||||
Chemours Co. (The) | 7,143 | 240,933 | ||||||
Corteva, Inc. | 33,244 | 2,042,179 | ||||||
Dow, Inc. | 33,445 | 1,705,695 | ||||||
DuPont de Nemours, Inc. | 23,356 | 1,299,528 | ||||||
Eastman Chemical Co. | 5,920 | 538,720 | ||||||
Ecolab, Inc. | 11,417 | 1,870,447 | ||||||
Element Solutions, Inc. | 10,018 | 187,036 | ||||||
FMC Corp. | 5,786 | 625,351 | ||||||
Ginkgo Bioworks Holdings, Inc.*(b) | 44,166 | 118,807 | ||||||
Huntsman Corp. | 9,168 | 256,887 | ||||||
Ingevity Corp.* | 1,779 | 124,779 | ||||||
International Flavors & Fragrances, Inc. | 11,708 | 1,293,500 | ||||||
Linde plc | 23,120 | 6,539,723 | ||||||
LyondellBasell Industries NV, Class A | 11,885 | 986,455 | ||||||
Mosaic Co. (The) | 16,630 | 895,858 | ||||||
NewMarket Corp. | 316 | 90,758 | ||||||
Olin Corp. | 6,380 | 348,731 | ||||||
PPG Industries, Inc. | 10,855 | 1,378,368 | ||||||
RPM International, Inc. | 5,954 | 554,675 | ||||||
Scotts Miracle-Gro Co. (The)(b) | 1,855 | 124,192 | ||||||
Valvoline, Inc. | 8,183 | 237,880 | ||||||
Westlake Corp. | 1,539 | 151,792 | ||||||
27,650,457 | ||||||||
Metals & Mining - 19.8% | ||||||||
Alcoa Corp. | 8,468 | 418,997 | ||||||
Cleveland-Cliffs, Inc.* | 21,934 | 378,800 | ||||||
Commercial Metals Co. | 5,579 | 226,005 | ||||||
Freeport-McMoRan, Inc. | 66,577 | 1,970,679 | ||||||
MP Materials Corp.* | 3,425 | 119,841 | ||||||
Newmont Corp. | 36,458 | 1,507,903 | ||||||
Nucor Corp. | 12,230 | 1,625,856 | ||||||
Reliance Steel & Aluminum Co. | 2,844 | 534,615 | ||||||
Royal Gold, Inc. | 3,019 | 277,446 | ||||||
Steel Dynamics, Inc. | 8,240 | 665,133 | ||||||
United States Steel Corp. | 11,970 | 273,754 | ||||||
7,999,029 | ||||||||
Paper & Forest Products - 0.2% | ||||||||
Sylvamo Corp. | 1,617 | 71,859 | ||||||
TOTAL COMMON STOCKS (Cost $41,450,601) | 35,721,345 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.3% | ||||||||
INVESTMENT COMPANIES - 0.3% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $109,310) | 109,310 | 109,310 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 28.7% | ||||||||
REPURCHASE AGREEMENTS(d) - 28.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $11,588,029 | ||||||||
(Cost $11,587,319) | 11,587,319 | 11,587,319 | ||||||
Total Investments - 117.4% (Cost $53,147,230) | 47,417,974 | |||||||
Liabilities in excess of other assets - (17.4%) | (7,032,672 | ) | ||||||
Net Assets - 100.0% | 40,385,302 |
Ultra Basic Materials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $23,985,212. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $110,607, collateralized in the form of cash with a value of $109,310 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $4,225 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $113,535. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $109,310. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Ultra Basic Materials had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
5,676,109 | 5/8/2023 | Bank of America NA | 2.68 | % | Dow Jones U.S. Basic MaterialsSM Index | (1,895,547 | ) | ||||||||
8,405,598 | 4/10/2023 | Citibank NA | 2.63 | % | Dow Jones U.S. Basic MaterialsSM Index | (959,547 | ) | ||||||||
9,833,796 | 3/7/2023 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. Basic MaterialsSM Index | (1,923,782 | ) | ||||||||
104,599 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. Basic MaterialsSM Index | 7,738 | |||||||||
10,622,502 | 3/7/2023 | Societe Generale | 2.88 | % | Dow Jones U.S. Basic MaterialsSM Index | (2,388,425 | ) | ||||||||
10,673,067 | 3/7/2023 | UBS AG | 2.68 | % | Dow Jones U.S. Basic MaterialsSM Index | (3,375,812 | ) | ||||||||
45,315,671 | (10,535,375 | ) | |||||||||||||
Total Unrealized Appreciation | 7,738 | ||||||||||||||
Total Unrealized Depreciation | (10,543,113 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra Consumer Goods
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 79.7% | ||||||||
Auto Components - 1.5% | ||||||||
Aptiv plc* | 494 | 46,154 | ||||||
Autoliv, Inc. | 143 | 11,124 | ||||||
BorgWarner, Inc. | 437 | 16,475 | ||||||
Fox Factory Holding Corp.* | 77 | 7,177 | ||||||
Gentex Corp. | 428 | 11,680 | ||||||
Lear Corp. | 109 | 15,112 | ||||||
Luminar Technologies, Inc.*(b) | 401 | 3,457 | ||||||
QuantumScape Corp.*(b) | 470 | 5,184 | ||||||
116,363 | ||||||||
Automobiles - 20.3% | ||||||||
Ford Motor Co. | 7,202 | 109,759 | ||||||
General Motors Co. | 2,659 | 101,600 | ||||||
Harley-Davidson, Inc. | 269 | 10,375 | ||||||
Lucid Group, Inc.*(b) | 1,034 | 15,862 | ||||||
Rivian Automotive, Inc., Class A* | 293 | 9,584 | ||||||
Tesla, Inc.* | 4,593 | 1,265,877 | ||||||
Thor Industries, Inc. | 100 | 8,101 | ||||||
1,521,158 | ||||||||
Beverages - 14.8% | ||||||||
Boston Beer Co., Inc. (The), Class A* | 17 | 5,730 | ||||||
Brown-Forman Corp., Class B | 333 | 24,209 | ||||||
Coca-Cola Co. (The) | 7,118 | 439,252 | ||||||
Constellation Brands, Inc., Class A | 297 | 73,077 | ||||||
Keurig Dr Pepper, Inc. | 1,346 | 51,310 | ||||||
Molson Coors Beverage Co., Class B | 344 | 17,774 | ||||||
Monster Beverage Corp.* | 686 | 60,937 | ||||||
National Beverage Corp. | 43 | 2,385 | ||||||
PepsiCo, Inc. | 2,523 | 434,637 | ||||||
1,109,311 | ||||||||
Distributors - 0.9% | ||||||||
Genuine Parts Co. | 258 | 40,250 | ||||||
Pool Corp. | 73 | 24,761 | ||||||
65,011 | ||||||||
Entertainment - 2.9% | ||||||||
Activision Blizzard, Inc. | 1,426 | 111,927 | ||||||
Electronic Arts, Inc. | 513 | 65,084 | ||||||
Playtika Holding Corp.* | 189 | 1,990 | ||||||
ROBLOX Corp., Class A* | 79 | 3,090 | ||||||
Take-Two Interactive Software, Inc.* | 289 | 35,420 | ||||||
217,511 | ||||||||
Food & Staples Retailing - 0.4% | ||||||||
Performance Food Group Co.* | 283 | 14,144 | ||||||
US Foods Holding Corp.* | 409 | 12,524 | ||||||
26,668 | ||||||||
Food Products - 10.3% | ||||||||
Archer-Daniels-Midland Co. | 1,027 | 90,263 | ||||||
Beyond Meat, Inc.*(b) | 111 | 2,708 | ||||||
Bunge Ltd. | 277 | 27,470 | ||||||
Campbell Soup Co. | 369 | 18,590 | ||||||
Conagra Brands, Inc. | 876 | 30,117 | ||||||
Darling Ingredients, Inc.* | 294 | 22,362 | ||||||
Flowers Foods, Inc. | 364 | 9,937 | ||||||
Freshpet, Inc.* | 87 | 3,787 | ||||||
General Mills, Inc. | 1,098 | 84,326 | ||||||
Hain Celestial Group, Inc. (The)* | 163 | 3,302 | ||||||
Hershey Co. (The) | 266 | 59,762 | ||||||
Hormel Foods Corp. | 517 | 25,995 | ||||||
Ingredion, Inc. | 121 | 10,536 | ||||||
J M Smucker Co. (The) | 198 | 27,718 | ||||||
Kellogg Co. | 462 | 33,606 | ||||||
Kraft Heinz Co. (The) | 1,295 | 48,433 | ||||||
Lamb Weston Holdings, Inc. | 264 | 20,996 | ||||||
Lancaster Colony Corp. | 36 | 6,068 | ||||||
McCormick & Co., Inc. (Non-Voting) | 457 | 38,420 | ||||||
Mondelez International, Inc., Class A | 2,525 | 156,197 | ||||||
Pilgrim's Pride Corp.* | 87 | 2,477 | ||||||
Post Holdings, Inc.* | 102 | 9,054 | ||||||
Seaboard Corp. | 1 | 3,862 | ||||||
Tyson Foods, Inc., Class A | 532 | 40,102 | ||||||
776,088 | ||||||||
Household Durables - 2.7% | ||||||||
Cricut, Inc., Class A*(b) | 79 | 493 | ||||||
DR Horton, Inc. | 585 | 41,623 | ||||||
Helen of Troy Ltd.* | 44 | 5,440 | ||||||
Leggett & Platt, Inc. | 243 | 9,288 | ||||||
Lennar Corp., Class A | 472 | 36,556 | ||||||
Lennar Corp., Class B | 28 | 1,727 | ||||||
Mohawk Industries, Inc.* | 94 | 10,374 | ||||||
Newell Brands, Inc. | 671 | 11,977 | ||||||
NVR, Inc.* | 6 | 24,840 | ||||||
PulteGroup, Inc. | 434 | 17,646 | ||||||
Tempur Sealy International, Inc. | 320 | 8,003 | ||||||
Toll Brothers, Inc. | 201 | 8,802 | ||||||
TopBuild Corp.* | 59 | 10,842 | ||||||
Whirlpool Corp. | 102 | 15,973 | ||||||
203,584 | ||||||||
Household Products - 11.7% | ||||||||
Church & Dwight Co., Inc. | 443 | 37,084 | ||||||
Clorox Co. (The) | 225 | 32,476 | ||||||
Colgate-Palmolive Co. | 1,529 | 119,583 | ||||||
Energizer Holdings, Inc. | 120 | 3,372 | ||||||
Kimberly-Clark Corp. | 615 | 78,425 | ||||||
Procter & Gamble Co. (The) | 4,379 | 604,039 | ||||||
Reynolds Consumer Products, Inc. | 99 | 2,765 | ||||||
877,744 | ||||||||
Leisure Products - 0.9% | ||||||||
Brunswick Corp. | 138 | 10,310 | ||||||
Callaway Golf Co.* | 213 | 4,714 | ||||||
Hasbro, Inc. | 240 | 18,917 | ||||||
Mattel, Inc.* | 643 | 14,223 | ||||||
Peloton Interactive, Inc., Class A* | 561 | 5,717 | ||||||
Polaris, Inc. | 102 | 11,553 | ||||||
YETI Holdings, Inc.* | 157 | 5,792 | ||||||
71,226 | ||||||||
Machinery - 0.3% | ||||||||
Stanley Black & Decker, Inc. | 276 | 24,316 | ||||||
Personal Products - 1.6% | ||||||||
Coty, Inc., Class A* | 628 | 4,716 | ||||||
Estee Lauder Cos., Inc. (The), Class A | 423 | 107,603 | ||||||
Herbalife Nutrition Ltd.* | 174 | 4,540 | ||||||
Olaplex Holdings, Inc.* | 130 | 1,731 | ||||||
118,590 | ||||||||
Textiles, Apparel & Luxury Goods - 5.8% | ||||||||
Capri Holdings Ltd.* | 269 | 12,691 | ||||||
Carter's, Inc. | 73 | 5,391 |
Ultra Consumer Goods
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Columbia Sportswear Co. | 60 | 4,274 | ||||||
Crocs, Inc.* | 112 | 8,254 | ||||||
Deckers Outdoor Corp.* | 50 | 16,079 | ||||||
Hanesbrands, Inc. | 636 | 5,540 | ||||||
Levi Strauss & Co., Class A | 176 | 2,973 | ||||||
Lululemon Athletica, Inc.* | 213 | 63,891 | ||||||
NIKE, Inc., Class B | 2,315 | 246,432 | ||||||
PVH Corp. | 124 | 6,975 | ||||||
Ralph Lauren Corp. | 84 | 7,672 | ||||||
Skechers USA, Inc., Class A* | 246 | 9,299 | ||||||
Tapestry, Inc. | 459 | 15,941 | ||||||
Under Armour, Inc., Class A* | 344 | 2,896 | ||||||
Under Armour, Inc., Class C* | 369 | 2,801 | ||||||
VF Corp. | 589 | 24,414 | ||||||
435,523 | ||||||||
Tobacco - 5.6% | ||||||||
Altria Group, Inc. | 3,303 | 149,031 | ||||||
Philip Morris International, Inc. | 2,828 | 270,046 | ||||||
419,077 | ||||||||
TOTAL COMMON STOCKS (Cost $7,073,759) | 5,982,170 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.3% | ||||||||
INVESTMENT COMPANIES - 0.3% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $24,915) | 24,915 | 24,915 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 22.0% | ||||||||
REPURCHASE AGREEMENTS(d) - 22.0% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $1,649,855 | ||||||||
(Cost $1,649,754) | 1,649,754 | 1,649,754 | ||||||
Total Investments - 102.0% (Cost $8,748,428) | 7,656,839 | |||||||
Liabilities in excess of other assets - (2.0%) | (148,390 | ) | ||||||
Net Assets - 100.0% | 7,508,449 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $3,872,913. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $24,894, collateralized in the form of cash with a value of $24,915 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $264 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from January 15, 2023 – May 15, 2051. The total value of collateral is $25,179. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $24,915. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Ultra Consumer Goods
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Swap Agreements
Ultra Consumer Goods had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
804,355 | 5/8/2023 | Bank of America NA | 2.58 | % | Dow Jones U.S. Consumer GoodsSM Index | (468,872 | ) | |||||||||
3,392,726 | 11/7/2022 | Citibank NA | 2.63 | % | Dow Jones U.S. Consumer GoodsSM Index | 688,250 | ||||||||||
587,473 | 11/6/2023 | Credit Suisse International | 2.88 | % | Dow Jones U.S. Consumer GoodsSM Index | (91,131 | ) | |||||||||
1,540,467 | 3/7/2023 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. Consumer GoodsSM Index | (367,447 | ) | |||||||||
1,191,682 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. Consumer GoodsSM Index | (69,699 | ) | |||||||||
422,770 | 3/7/2023 | Societe Generale | 2.88 | % | Dow Jones U.S. Consumer GoodsSM Index | (614,231 | ) | |||||||||
1,118,578 | 3/7/2023 | UBS AG | 2.68 | % | Dow Jones U.S. Consumer GoodsSM Index | (659,343 | ) | |||||||||
9,058,051 | (1,582,473 | ) | ||||||||||||||
Total Unrealized Appreciation | 688,250 | |||||||||||||||
Total Unrealized Depreciation | (2,270,723 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra Consumer Services
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 76.7% | ||||||||
Airlines - 1.3% | ||||||||
Alaska Air Group, Inc.* | 262 | 11,413 | ||||||
American Airlines Group, Inc.* | 1,350 | 17,537 | ||||||
Delta Air Lines, Inc.* | 1,331 | 41,354 | ||||||
JetBlue Airways Corp.* | 665 | 5,180 | ||||||
Joby Aviation, Inc.*(b) | 554 | 2,936 | ||||||
Southwest Airlines Co.* | 1,232 | 45,214 | ||||||
United Airlines Holdings, Inc.* | 678 | 23,737 | ||||||
147,371 | ||||||||
Commercial Services & Supplies - 0.7% | ||||||||
Copart, Inc.* | 445 | 53,244 | ||||||
IAA, Inc.* | 277 | 10,321 | ||||||
Rollins, Inc. | 471 | 15,901 | ||||||
79,466 | ||||||||
Distributors - 0.2% | ||||||||
LKQ Corp. | 540 | 28,739 | ||||||
Diversified Consumer Services - 0.6% | ||||||||
ADT, Inc. | 478 | 3,485 | ||||||
Bright Horizons Family Solutions, Inc.* | 122 | 8,320 | ||||||
Chegg, Inc.* | 262 | 5,156 | ||||||
Frontdoor, Inc.* | 171 | 4,015 | ||||||
Grand Canyon Education, Inc.* | 68 | 5,534 | ||||||
H&R Block, Inc. | 331 | 14,895 | ||||||
Service Corp. International | 329 | 20,303 | ||||||
Terminix Global Holdings, Inc.* | 251 | 10,705 | ||||||
72,413 | ||||||||
Entertainment - 6.7% | ||||||||
AMC Entertainment Holdings, Inc., Class A*(b) | 1,074 | 9,795 | ||||||
Endeavor Group Holdings, Inc., Class A* | 83 | 1,877 | ||||||
Liberty Media Corp.-Liberty Formula One, Class A* | 44 | 2,558 | ||||||
Liberty Media Corp.-Liberty Formula One, Class C* | 426 | 27,128 | ||||||
Live Nation Entertainment, Inc.*(b) | 284 | 25,662 | ||||||
Madison Square Garden Sports Corp., Class A* | 35 | 5,609 | ||||||
Netflix, Inc.* | 923 | 206,346 | ||||||
Roku, Inc.* | 249 | 16,932 | ||||||
Walt Disney Co. (The)* | 3,783 | 423,999 | ||||||
Warner Bros Discovery, Inc.* | 4,587 | 60,732 | ||||||
Warner Music Group Corp., Class A | 238 | 6,371 | ||||||
World Wrestling Entertainment, Inc., Class A | 90 | 6,121 | ||||||
793,130 | ||||||||
Food & Staples Retailing - 9.5% | ||||||||
Albertsons Cos., Inc., Class A | 222 | 6,107 | ||||||
BJ's Wholesale Club Holdings, Inc.* | 280 | 20,857 | ||||||
Casey's General Stores, Inc. | 77 | 16,460 | ||||||
Costco Wholesale Corp. | 921 | 480,854 | ||||||
Kroger Co. (The) | 1,362 | 65,294 | ||||||
Sprouts Farmers Market, Inc.* | 227 | 6,561 | ||||||
Sysco Corp. | 1,058 | 86,989 | ||||||
Walgreens Boots Alliance, Inc. | 1,490 | 52,240 | ||||||
Walmart, Inc. | 2,915 | 386,383 | ||||||
1,121,745 | ||||||||
Health Care Providers & Services - 0.7% | ||||||||
AmerisourceBergen Corp. | 314 | 46,020 | ||||||
Cardinal Health, Inc. | 566 | 40,027 | ||||||
86,047 | ||||||||
Hotels, Restaurants & Leisure - 13.1% | ||||||||
Airbnb, Inc., Class A* | 795 | 89,930 | ||||||
Aramark | 535 | 19,105 | ||||||
Booking Holdings, Inc.* | 83 | 155,692 | ||||||
Boyd Gaming Corp. | 166 | 9,035 | ||||||
Caesars Entertainment, Inc.* | 446 | 19,232 | ||||||
Carnival Corp.* | 2,027 | 19,175 | ||||||
Chipotle Mexican Grill, Inc.* | 59 | 94,211 | ||||||
Choice Hotels International, Inc. | 69 | 7,915 | ||||||
Churchill Downs, Inc. | 70 | 13,796 | ||||||
Cracker Barrel Old Country Store, Inc. | 48 | 5,181 | ||||||
Darden Restaurants, Inc. | 259 | 32,041 | ||||||
Domino's Pizza, Inc. | 74 | 27,518 | ||||||
DraftKings, Inc., Class A* | 744 | 11,949 | ||||||
Dutch Bros, Inc., Class A* | 57 | 2,081 | ||||||
Expedia Group, Inc.* | 316 | 32,437 | ||||||
Hilton Worldwide Holdings, Inc. | 578 | 73,614 | ||||||
Hyatt Hotels Corp., Class A* | 107 | 9,589 | ||||||
Las Vegas Sands Corp.* | 715 | 26,906 | ||||||
Light & Wonder, Inc.* | 199 | 9,797 | ||||||
Marriott International, Inc., Class A | 571 | 87,786 | ||||||
Marriott Vacations Worldwide Corp. | 85 | 12,106 | ||||||
McDonald's Corp. | 1,536 | 387,502 | ||||||
MGM Resorts International | 734 | 23,958 | ||||||
Norwegian Cruise Line Holdings Ltd.* | 871 | 11,393 | ||||||
Penn Entertainment, Inc.* | 340 | 10,618 | ||||||
Planet Fitness, Inc., Class A* | 176 | 11,924 | ||||||
Royal Caribbean Cruises Ltd.* | 466 | 19,036 | ||||||
Starbucks Corp. | 2,383 | 200,339 | ||||||
Texas Roadhouse, Inc. | 142 | 12,604 | ||||||
Vail Resorts, Inc. | 83 | 18,648 | ||||||
Wendy's Co. (The) | 355 | 6,809 | ||||||
Wyndham Hotels & Resorts, Inc. | 191 | 12,480 | ||||||
Wynn Resorts Ltd.* | 219 | 13,269 | ||||||
Yum! Brands, Inc. | 592 | 65,854 | ||||||
1,553,530 | ||||||||
Interactive Media & Services - 0.5% | ||||||||
Pinterest, Inc., Class A* | 1,195 | 27,533 | ||||||
TripAdvisor, Inc.* | 208 | 4,951 | ||||||
ZoomInfo Technologies, Inc., Class A* | 627 | 28,478 | ||||||
60,962 | ||||||||
Internet & Direct Marketing Retail - 19.6% | ||||||||
Amazon.com, Inc.* | 18,174 | 2,303,918 | ||||||
ContextLogic, Inc., Class A*(b) | 721 | 937 | ||||||
Qurate Retail, Inc., Series A | 715 | 2,217 | ||||||
Stitch Fix, Inc., Class A* | 173 | 868 | ||||||
Wayfair, Inc., Class A*(b) | 165 | 8,697 | ||||||
2,316,637 | ||||||||
Media - 5.9% | ||||||||
Altice USA, Inc., Class A* | 471 | 4,710 | ||||||
Cable One, Inc. | 10 | 11,350 | ||||||
Charter Communications, Inc., Class A* | 240 | 99,031 |
Ultra Consumer Services
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Comcast Corp., Class A | 9,284 | 335,988 | ||||||
DISH Network Corp., Class A*(b) | 521 | 9,039 | ||||||
Fox Corp., Class A | 648 | 22,149 | ||||||
Fox Corp., Class B | 301 | 9,518 | ||||||
Interpublic Group of Cos., Inc. (The) | 818 | 22,610 | ||||||
Liberty Broadband Corp., Class A* | 44 | 4,436 | ||||||
Liberty Broadband Corp., Class C* | 272 | 27,662 | ||||||
Liberty Media Corp.-Liberty SiriusXM, Class A*(b) | 166 | 6,896 | ||||||
Liberty Media Corp.-Liberty SiriusXM, Class C* | 328 | 13,566 | ||||||
New York Times Co. (The), Class A | 346 | 10,550 | ||||||
News Corp., Class A | 807 | 13,654 | ||||||
News Corp., Class B | 251 | 4,327 | ||||||
Nexstar Media Group, Inc., Class A | 85 | 16,262 | ||||||
Omnicom Group, Inc. | 427 | 28,566 | ||||||
Paramount Global, Class A | 19 | 502 | ||||||
Paramount Global, Class B | 1,263 | 29,542 | ||||||
Sirius XM Holdings, Inc.(b) | 1,880 | 11,449 | ||||||
TEGNA, Inc. | 459 | 9,823 | ||||||
691,630 | ||||||||
Multiline Retail - 2.9% | ||||||||
Dollar General Corp. | 475 | 112,774 | ||||||
Dollar Tree, Inc.* | 468 | 63,498 | ||||||
Kohl's Corp. | 266 | 7,560 | ||||||
Ollie's Bargain Outlet Holdings, Inc.* | 122 | 6,748 | ||||||
Target Corp. | 961 | 154,087 | ||||||
344,667 | ||||||||
Road & Rail - 1.0% | ||||||||
AMERCO | 20 | 10,513 | ||||||
Lyft, Inc., Class A*(b) | 627 | 9,236 | ||||||
Uber Technologies, Inc.* | 3,507 | 100,861 | ||||||
120,610 | ||||||||
Specialty Retail - 14.0% | ||||||||
Advance Auto Parts, Inc. | 127 | 21,417 | ||||||
American Eagle Outfitters, Inc. | 319 | 3,592 | ||||||
AutoNation, Inc.* | 73 | 9,096 | ||||||
AutoZone, Inc.* | 42 | 89,007 | ||||||
Bath & Body Works, Inc. | 496 | 18,516 | ||||||
Best Buy Co., Inc. | 420 | 29,690 | ||||||
Burlington Stores, Inc.* | 137 | 19,206 | ||||||
CarMax, Inc.* | 333 | 29,450 | ||||||
Carvana Co.*(b) | 206 | 6,796 | ||||||
Dick's Sporting Goods, Inc. | 121 | 12,871 | ||||||
Five Below, Inc.* | 115 | 14,706 | ||||||
Floor & Decor Holdings, Inc., Class A*(b) | 220 | 17,899 | ||||||
Foot Locker, Inc. | 175 | 6,447 | ||||||
GameStop Corp., Class A*(b) | 512 | 14,664 | ||||||
Gap, Inc. (The) | 438 | 4,003 | ||||||
Home Depot, Inc. (The) | 2,147 | 619,238 | ||||||
Lithia Motors, Inc., Class A | 59 | 15,661 | ||||||
Lowe's Cos., Inc. | 1,374 | 266,748 | ||||||
Murphy USA, Inc.(b) | 45 | 13,058 | ||||||
National Vision Holdings, Inc.* | 169 | 5,616 | ||||||
O'Reilly Automotive, Inc.* | 136 | 94,808 | ||||||
Penske Automotive Group, Inc. | 61 | 7,192 | ||||||
Petco Health & Wellness Co., Inc.*(b) | 170 | 2,536 | ||||||
RH* | 36 | 9,213 | ||||||
Ross Stores, Inc. | 729 | 62,891 | ||||||
TJX Cos., Inc. (The) | 2,439 | 152,072 | ||||||
Tractor Supply Co. | 232 | 42,955 | ||||||
Ulta Beauty, Inc.* | 109 | 45,766 | ||||||
Victoria's Secret & Co.* | 141 | 4,715 | ||||||
Williams-Sonoma, Inc. | 146 | 21,717 | ||||||
1,661,546 | ||||||||
TOTAL COMMON STOCKS (Cost $12,196,571) | 9,078,493 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.2% | ||||||||
INVESTMENT COMPANIES - 0.2% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $24,467) | 24,467 | 24,467 |
Investments | Principal | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 34.9% | ||||||||
REPURCHASE AGREEMENTS(d) - 34.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,126,859 | ||||||||
(Cost $4,126,609) | 4,126,609 | 4,126,609 | ||||||
Total Investments - 111.8% (Cost $16,347,647) | 13,229,569 | |||||||
Liabilities in excess of other assets - (11.8%) | (1,395,342 | ) | ||||||
Net Assets - 100.0% | 11,834,227 |
Ultra Consumer Services
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $5,921,381. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $75,922, collateralized in the form of cash with a value of $24,467 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $54,848 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $79,315. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $24,467. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Ultra Consumer Services had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | |||||||||||
2,098,512 | 5/8/2023 | Bank of America NA | 2.63 | % | Dow Jones U.S. Consumer ServicesSM Index | (2,117,974 | ) | |||||||||
4,591,732 | 5/8/2023 | BNP Paribas SA | 2.83 | % | Dow Jones U.S. Consumer ServicesSM Index | (694,380 | ) | |||||||||
2,358,351 | 11/7/2022 | Citibank NA | 2.63 | % | Dow Jones U.S. Consumer ServicesSM Index | (869,037 | ) | |||||||||
549,374 | 3/7/2023 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. Consumer ServicesSM Index | (1,187,743 | ) | |||||||||
251,178 | 11/6/2023 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. Consumer ServicesSM Index | (233,755 | ) | |||||||||
4,402,420 | 3/7/2023 | Societe Generale | 2.88 | % | Dow Jones U.S. Consumer ServicesSM Index | (1,520,765 | ) | |||||||||
339,028 | 3/7/2023 | UBS AG | 2.68 | % | Dow Jones U.S. Consumer ServicesSM Index | (1,112,888 | ) | |||||||||
14,590,595 | (7,736,542 | ) | ||||||||||||||
Total Unrealized Depreciation | (7,736,542 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra Dow30SM Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 86.5% | ||||||||
Aerospace & Defense - 2.9% | ||||||||
Boeing Co. (The)* | 61,573 | 9,867,073 | ||||||
Banks - 2.1% | ||||||||
JPMorgan Chase & Co. | 61,575 | 7,002,925 | ||||||
Beverages - 1.1% | ||||||||
Coca-Cola Co. (The) | 61,569 | 3,799,423 | ||||||
Biotechnology - 4.3% | ||||||||
Amgen, Inc. | 61,571 | 14,795,511 | ||||||
Capital Markets - 6.0% | ||||||||
Goldman Sachs Group, Inc. (The) | 61,571 | 20,482,825 | ||||||
Chemicals - 0.9% | ||||||||
Dow, Inc. | 61,561 | 3,139,611 | ||||||
Communications Equipment - 0.8% | ||||||||
Cisco Systems, Inc. | 61,566 | 2,753,232 | ||||||
Consumer Finance - 2.8% | ||||||||
American Express Co. | 61,576 | 9,359,552 | ||||||
Diversified Telecommunication Services - 0.8% | ||||||||
Verizon Communications, Inc. | 61,567 | 2,574,116 | ||||||
Entertainment - 2.0% | ||||||||
Walt Disney Co. (The)* | 61,565 | 6,900,205 | ||||||
Food & Staples Retailing - 3.0% | ||||||||
Walgreens Boots Alliance, Inc. | 61,570 | 2,158,644 | ||||||
Walmart, Inc. | 61,571 | 8,161,236 | ||||||
10,319,880 | ||||||||
Health Care Providers & Services - 9.4% | ||||||||
UnitedHealth Group, Inc. | 61,571 | 31,975,667 | ||||||
Hotels, Restaurants & Leisure - 4.6% | ||||||||
McDonald's Corp. | 61,571 | 15,533,132 | ||||||
Household Products - 2.5% | ||||||||
Procter & Gamble Co. (The) | 61,566 | 8,492,414 | ||||||
Industrial Conglomerates - 5.7% | ||||||||
3M Co. | 61,569 | 7,656,105 | ||||||
Honeywell International, Inc. | 61,574 | 11,659,037 | ||||||
19,315,142 | ||||||||
Insurance - 2.9% | ||||||||
Travelers Cos., Inc. (The) | 61,575 | 9,952,983 | ||||||
IT Services - 5.9% | ||||||||
International Business Machines Corp.(b) | 61,567 | 7,908,281 | ||||||
Visa, Inc., Class A | 61,570 | 12,234,575 | ||||||
20,142,856 | ||||||||
Machinery - 3.3% | ||||||||
Caterpillar, Inc. | 61,579 | 11,374,257 | ||||||
Oil, Gas & Consumable Fuels - 2.9% | ||||||||
Chevron Corp. | 61,564 | 9,730,806 | ||||||
Pharmaceuticals - 4.5% | ||||||||
Johnson & Johnson | 61,568 | 9,933,381 | ||||||
Merck & Co., Inc. | 61,564 | 5,255,103 | ||||||
15,188,484 | ||||||||
Semiconductors & Semiconductor Equipment - 0.6% | ||||||||
Intel Corp. | 61,560 | 1,964,995 | ||||||
Software - 7.6% | ||||||||
Microsoft Corp. | 61,571 | 16,098,969 | ||||||
Salesforce, Inc.* | 61,570 | 9,612,309 | ||||||
25,711,278 | ||||||||
Specialty Retail - 5.2% | ||||||||
Home Depot, Inc. (The) | 61,571 | 17,758,308 | ||||||
Technology Hardware, Storage & Peripherals - 2.8% | ||||||||
Apple, Inc. | 61,572 | 9,680,350 | ||||||
Textiles, Apparel & Luxury Goods - 1.9% | ||||||||
NIKE, Inc., Class B | 61,568 | 6,553,914 | ||||||
TOTAL COMMON STOCKS (Cost $335,016,821) | 294,368,939 |
Investments | Principal
Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 30.0% | ||||||||
REPURCHASE AGREEMENTS(c) - 30.0% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $101,966,778 | ||||||||
(Cost $101,960,545) | 101,960,545 | 101,960,545 | ||||||
Total Investments - 116.5% (Cost $436,977,366) | 396,329,484 | |||||||
Liabilities in excess of other assets - (16.5%) | (56,052,776 | ) | ||||||
Net Assets - 100.0% | 340,276,708 |
Ultra Dow30SM Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $140,332,244. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $1,045,711, collateralized in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 2.50%, and maturity dates ranging from November 3, 2022 – April 30, 2024. The total value of collateral is $1,079,819. |
(c) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Ultra Dow30SM Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Purchased
Ultra Dow30SM had the following open long futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||
DJIA CBOT E-Mini Index | 22 | 9/16/2022 | USD | $ | 3,468,520 | $ | 100,311 |
Swap Agreements | |||||||||||||||
Ultra Dow30SM had the following open non-exchange traded total return swap agreements as of August 31, 2022: | |||||||||||||||
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference
Instrument | Value
and Unrealized Depreciation ($) | ||||||||||
39,135,954 | 5/8/2023 | Bank of America NA | 2.73 | % | Dow Jones Industrial AverageSM | (13,495,324 | ) | ||||||||
28,706,002 | 11/6/2023 | Barclays Capital | 2.93 | % | Dow Jones Industrial AverageSM | (453,036 | ) | ||||||||
53,000,543 | 5/8/2023 | BNP Paribas SA | 2.93 | % | Dow Jones Industrial AverageSM | (11,232,870 | ) | ||||||||
83,849,254 | 11/7/2022 | Citibank NA | 2.99 | % | Dow Jones Industrial AverageSM | (4,919,948 | ) | ||||||||
83,849,254 | 4/10/2023 | Credit Suisse International | 2.93 | % | Dow Jones Industrial AverageSM | (11,641,297 | ) | ||||||||
66,381,156 | 11/6/2023 | Morgan Stanley & Co. International plc | 2.88 | % | SPDR® Dow Jones Industrial AverageSM ETF Trust | (10,237,056 | ) | ||||||||
7,089,847 | 3/7/2023 | Societe Generale | 2.73 | % | Dow Jones Industrial AverageSM | (7,972,157 | ) | ||||||||
20,702,353 | 3/7/2023 | UBS AG | 2.83 | % | Dow Jones Industrial AverageSM | (2,952,675 | ) | ||||||||
382,714,363 | (62,904,363 | ) | |||||||||||||
Total Unrealized Depreciation | (62,904,363 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Ultra Financials Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 73.2% | ||||||||
Banks - 16.5% | ||||||||
Bank of America Corp. | 479,095 | 16,102,383 | ||||||
Bank OZK | 7,631 | 309,284 | ||||||
BOK Financial Corp. | 2,025 | 179,962 | ||||||
Citigroup, Inc. | 131,263 | 6,406,947 | ||||||
Citizens Financial Group, Inc. | 33,154 | 1,216,089 | ||||||
Comerica, Inc. | 8,838 | 709,691 | ||||||
Commerce Bancshares, Inc. | 7,425 | 510,617 | ||||||
Cullen/Frost Bankers, Inc. | 3,857 | 501,256 | ||||||
East West Bancorp, Inc. | 9,596 | 692,543 | ||||||
Fifth Third Bancorp | 46,347 | 1,582,750 | ||||||
First Citizens BancShares, Inc., Class A | 904 | 734,012 | ||||||
First Financial Bankshares, Inc.(b) | 8,683 | 369,114 | ||||||
First Horizon Corp. | 36,152 | 817,758 | ||||||
First Republic Bank | 12,131 | 1,841,850 | ||||||
FNB Corp. | 22,805 | 271,836 | ||||||
Glacier Bancorp, Inc. | 7,337 | 371,839 | ||||||
Home BancShares, Inc. | 12,786 | 300,855 | ||||||
Huntington Bancshares, Inc. | 97,277 | 1,303,512 | ||||||
JPMorgan Chase & Co. | 198,527 | 22,578,476 | ||||||
KeyCorp | 63,048 | 1,115,319 | ||||||
M&T Bank Corp. | 12,127 | 2,204,446 | ||||||
Pinnacle Financial Partners, Inc. | 5,163 | 416,706 | ||||||
PNC Financial Services Group, Inc. (The) | 27,955 | 4,416,890 | ||||||
Popular, Inc. | 5,177 | 399,768 | ||||||
Prosperity Bancshares, Inc. | 6,231 | 441,653 | ||||||
Regions Financial Corp. | 63,167 | 1,368,829 | ||||||
Signature Bank | 4,254 | 741,727 | ||||||
SVB Financial Group* | 3,979 | 1,617,543 | ||||||
Synovus Financial Corp. | 9,824 | 394,532 | ||||||
Truist Financial Corp. | 89,997 | 4,215,459 | ||||||
UMB Financial Corp. | 2,912 | 260,537 | ||||||
Umpqua Holdings Corp. | 14,670 | 260,246 | ||||||
United Bankshares, Inc. | 9,173 | 340,318 | ||||||
US Bancorp | 91,391 | 4,168,344 | ||||||
Valley National Bancorp | 28,405 | 330,066 | ||||||
Webster Financial Corp. | 12,040 | 566,482 | ||||||
Wells Fargo & Co. | 256,103 | 11,194,262 | ||||||
Western Alliance Bancorp | 7,321 | 561,667 | ||||||
Wintrust Financial Corp. | 4,075 | 343,686 | ||||||
Zions Bancorp NA | 10,237 | 563,342 | ||||||
92,722,596 | ||||||||
Capital Markets - 14.2% | ||||||||
Affiliated Managers Group, Inc. | 2,614 | 332,919 | ||||||
Ameriprise Financial, Inc. | 7,427 | 1,990,510 | ||||||
Ares Management Corp. | 11,596 | 859,727 | ||||||
Bank of New York Mellon Corp. (The) | 50,224 | 2,085,803 | ||||||
BlackRock, Inc. | 9,627 | 6,415,337 | ||||||
Blackstone, Inc., Class A | 47,367 | 4,449,656 | ||||||
Blue Owl Capital, Inc. | 23,420 | 259,962 | ||||||
Carlyle Group, Inc. (The) | 9,528 | 309,946 | ||||||
Cboe Global Markets, Inc. | 7,177 | 846,671 | ||||||
Charles Schwab Corp. (The) | 101,944 | 7,232,927 | ||||||
CME Group, Inc. | 24,293 | 4,751,954 | ||||||
Coinbase Global, Inc., Class A* | 2,227 | 148,764 | ||||||
FactSet Research Systems, Inc. | 2,562 | 1,110,217 | ||||||
Federated Hermes, Inc., Class B | 6,196 | 211,036 | ||||||
Franklin Resources, Inc. | 18,916 | 493,140 | ||||||
Goldman Sachs Group, Inc. (The) | 23,215 | 7,722,934 | ||||||
Houlihan Lokey, Inc. | 3,371 | 264,623 | ||||||
Interactive Brokers Group, Inc., Class A | 5,912 | 364,120 | ||||||
Intercontinental Exchange, Inc. | 37,738 | 3,805,877 | ||||||
Invesco Ltd. | 22,758 | 374,824 | ||||||
Janus Henderson Group plc | 11,342 | 265,403 | ||||||
Jefferies Financial Group, Inc. | 12,950 | 415,565 | ||||||
KKR & Co., Inc. | 40,059 | 2,025,383 | ||||||
Lazard Ltd., Class A(b) | 7,622 | 277,060 | ||||||
LPL Financial Holdings, Inc. | 5,406 | 1,196,510 | ||||||
MarketAxess Holdings, Inc. | 2,552 | 634,402 | ||||||
Moody's Corp. | 10,852 | 3,087,611 | ||||||
Morgan Stanley | 94,528 | 8,055,676 | ||||||
Morningstar, Inc. | 1,589 | 362,276 | ||||||
MSCI, Inc. | 5,481 | 2,462,284 | ||||||
Nasdaq, Inc. | 23,373 | 1,391,395 | ||||||
Northern Trust Corp. | 14,085 | 1,339,343 | ||||||
Raymond James Financial, Inc. | 13,139 | 1,371,317 | ||||||
Robinhood Markets, Inc., Class A* | 4,022 | 38,410 | ||||||
S&P Global, Inc. | 23,441 | 8,255,451 | ||||||
SEI Investments Co. | 7,050 | 385,635 | ||||||
State Street Corp. | 24,806 | 1,695,490 | ||||||
Stifel Financial Corp. | 7,204 | 427,269 | ||||||
T. Rowe Price Group, Inc. | 15,357 | 1,842,840 | ||||||
TPG, Inc. | 2,346 | 68,879 | ||||||
Tradeweb Markets, Inc., Class A | 7,271 | 505,989 | ||||||
Virtu Financial, Inc., Class A | 5,633 | 129,334 | ||||||
80,264,469 | ||||||||
Consumer Finance - 2.5% | ||||||||
Ally Financial, Inc. | 21,835 | 724,922 | ||||||
American Express Co. | 41,234 | 6,267,568 | ||||||
Capital One Financial Corp. | 26,569 | 2,811,532 | ||||||
Credit Acceptance Corp.*(b) | 505 | 268,700 | ||||||
Discover Financial Services | 18,989 | 1,908,205 | ||||||
FirstCash Holdings, Inc. | 2,663 | 207,608 | ||||||
OneMain Holdings, Inc. | 7,195 | 251,321 | ||||||
PROG Holdings, Inc.* | 3,650 | 67,671 | ||||||
SLM Corp. | 18,195 | 278,020 | ||||||
SoFi Technologies, Inc.*(b) | 49,523 | 293,176 | ||||||
Synchrony Financial | 33,899 | 1,110,192 | ||||||
Upstart Holdings, Inc.*(b) | 3,436 | 88,992 | ||||||
14,277,907 | ||||||||
Diversified Financial Services - 6.6% | ||||||||
Apollo Global Management, Inc. | 25,231 | 1,402,339 | ||||||
Berkshire Hathaway, Inc., Class B* | 122,287 | 34,338,189 | ||||||
Equitable Holdings, Inc. | 23,948 | 712,453 | ||||||
Jackson Financial, Inc., Class A | 5,832 | 182,308 | ||||||
Voya Financial, Inc. | 6,907 | 424,988 | ||||||
37,060,277 | ||||||||
Equity Real Estate Investment Trusts (REITs) - 14.4% | ||||||||
Alexandria Real Estate Equities, Inc. | 10,040 | 1,540,136 | ||||||
American Homes 4 Rent, Class A | 19,972 | 710,204 | ||||||
American Tower Corp. | 31,397 | 7,976,408 | ||||||
Americold Realty Trust, Inc.(b) | 18,202 | 535,503 | ||||||
Apartment Income REIT Corp. | 10,618 | 433,745 | ||||||
AvalonBay Communities, Inc. | 9,451 | 1,898,800 | ||||||
Boston Properties, Inc. | 9,640 | 765,705 | ||||||
Brixmor Property Group, Inc. | 20,247 | 434,906 | ||||||
Camden Property Trust | 7,201 | 925,400 | ||||||
Corporate Office Properties Trust | 7,596 | 196,281 |
Ultra Financials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Cousins Properties, Inc. | 10,056 | 270,004 | ||||||
Crown Castle, Inc. | 29,271 | 5,000,365 | ||||||
CubeSmart | 15,170 | 698,578 | ||||||
Digital Realty Trust, Inc. | 19,243 | 2,379,012 | ||||||
Douglas Emmett, Inc. | 11,881 | 231,917 | ||||||
Duke Realty Corp. | 25,987 | 1,529,335 | ||||||
EastGroup Properties, Inc. | 2,818 | 465,055 | ||||||
Equinix, Inc. | 6,152 | 4,044,140 | ||||||
Equity Commonwealth* | 7,615 | 200,351 | ||||||
Equity LifeStyle Properties, Inc. | 11,694 | 819,749 | ||||||
Equity Residential | 23,132 | 1,692,800 | ||||||
Essex Property Trust, Inc. | 4,416 | 1,170,505 | ||||||
Extra Space Storage, Inc. | 9,078 | 1,804,071 | ||||||
Federal Realty Investment Trust | 4,832 | 489,337 | ||||||
First Industrial Realty Trust, Inc. | 8,922 | 452,167 | ||||||
Gaming and Leisure Properties, Inc. | 15,898 | 767,396 | ||||||
Healthcare Realty Trust, Inc. | 25,880 | 629,402 | ||||||
Healthpeak Properties, Inc. | 36,471 | 957,364 | ||||||
Highwoods Properties, Inc. | 7,107 | 216,124 | ||||||
Host Hotels & Resorts, Inc. | 48,313 | 858,522 | ||||||
Hudson Pacific Properties, Inc. | 9,772 | 129,088 | ||||||
Invitation Homes, Inc. | 41,254 | 1,496,695 | ||||||
Iron Mountain, Inc. | 19,640 | 1,033,260 | ||||||
JBG SMITH Properties | 7,348 | 161,436 | ||||||
Kilroy Realty Corp. | 7,100 | 346,267 | ||||||
Kimco Realty Corp. | 41,773 | 880,575 | ||||||
Lamar Advertising Co., Class A | 5,886 | 552,636 | ||||||
Life Storage, Inc. | 5,704 | 725,834 | ||||||
LXP Industrial Trust(b) | 19,376 | 194,923 | ||||||
Medical Properties Trust, Inc. | 40,562 | 592,611 | ||||||
Mid-America Apartment Communities, Inc.(b) | 7,802 | 1,292,557 | ||||||
National Health Investors, Inc. | 3,097 | 202,884 | ||||||
National Retail Properties, Inc. | 11,892 | 533,951 | ||||||
National Storage Affiliates Trust | 5,689 | 287,408 | ||||||
Omega Healthcare Investors, Inc. | 15,901 | 519,327 | ||||||
Orion Office REIT, Inc. | 3,826 | 37,763 | ||||||
Physicians Realty Trust | 15,226 | 253,665 | ||||||
PotlatchDeltic Corp. | 4,690 | 217,710 | ||||||
Prologis, Inc. | 50,039 | 6,230,356 | ||||||
Public Storage | 10,322 | 3,414,827 | ||||||
Rayonier, Inc. | 9,889 | 351,257 | ||||||
Realty Income Corp. | 40,664 | 2,776,538 | ||||||
Regency Centers Corp. | 10,486 | 637,968 | ||||||
Rexford Industrial Realty, Inc. | 11,159 | 694,201 | ||||||
Sabra Health Care REIT, Inc. | 15,608 | 233,652 | ||||||
SBA Communications Corp. | 7,288 | 2,370,422 | ||||||
Simon Property Group, Inc. | 22,194 | 2,263,344 | ||||||
SL Green Realty Corp. | 4,335 | 191,477 | ||||||
Spirit Realty Capital, Inc. | 9,077 | 370,795 | ||||||
STAG Industrial, Inc. | 12,112 | 373,050 | ||||||
STORE Capital Corp. | 17,068 | 460,495 | ||||||
Sun Communities, Inc. | 8,222 | 1,263,804 | ||||||
UDR, Inc. | 20,233 | 907,855 | ||||||
Ventas, Inc. | 27,018 | 1,293,081 | ||||||
VICI Properties, Inc. | 65,094 | 2,147,451 | ||||||
Vornado Realty Trust | 10,754 | 281,970 | ||||||
Welltower, Inc. | 30,685 | 2,352,005 | ||||||
Weyerhaeuser Co. | 50,325 | 1,719,102 | ||||||
WP Carey, Inc. | 13,038 | 1,095,583 | ||||||
80,981,105 | ||||||||
Insurance - 10.2% | ||||||||
Aflac, Inc. | 40,067 | 2,380,781 | ||||||
Alleghany Corp.* | 912 | 767,156 | ||||||
Allstate Corp. (The) | 18,585 | 2,239,493 | ||||||
American Financial Group, Inc. | 4,488 | 573,028 | ||||||
American International Group, Inc. | 53,538 | 2,770,592 | ||||||
Aon plc, Class A | 14,355 | 4,008,777 | ||||||
Arch Capital Group Ltd.* | 25,394 | 1,161,014 | ||||||
Arthur J Gallagher & Co. | 14,199 | 2,578,112 | ||||||
Assurant, Inc. | 3,654 | 579,122 | ||||||
Axis Capital Holdings Ltd. | 5,246 | 278,825 | ||||||
Brighthouse Financial, Inc.* | 5,063 | 240,746 | ||||||
Brown & Brown, Inc. | 15,836 | 998,301 | ||||||
Chubb Ltd. | 28,639 | 5,414,203 | ||||||
Cincinnati Financial Corp. | 10,082 | 977,551 | ||||||
CNA Financial Corp. | 1,833 | 70,497 | ||||||
Enstar Group Ltd.* | 822 | 155,564 | ||||||
Erie Indemnity Co., Class A | 1,684 | 361,942 | ||||||
Everest Re Group Ltd. | 2,666 | 717,287 | ||||||
Fidelity National Financial, Inc. | 18,974 | 741,883 | ||||||
First American Financial Corp. | 7,258 | 388,303 | ||||||
Globe Life, Inc. | 6,131 | 595,872 | ||||||
Hanover Insurance Group, Inc. (The) | 2,405 | 311,183 | ||||||
Hartford Financial Services Group, Inc. (The) | 22,223 | 1,429,161 | ||||||
Kemper Corp. | 4,055 | 186,530 | ||||||
Lincoln National Corp. | 10,925 | 503,205 | ||||||
Loews Corp. | 13,141 | 726,829 | ||||||
Markel Corp.* | 918 | 1,096,193 | ||||||
Marsh & McLennan Cos., Inc. | 33,926 | 5,474,639 | ||||||
Mercury General Corp. | 1,797 | 57,324 | ||||||
MetLife, Inc. | 46,724 | 3,005,755 | ||||||
Old Republic International Corp. | 19,382 | 423,303 | ||||||
Primerica, Inc. | 2,600 | 329,550 | ||||||
Principal Financial Group, Inc. | 15,886 | 1,187,637 | ||||||
Progressive Corp. (The) | 39,532 | 4,848,600 | ||||||
Prudential Financial, Inc. | 25,337 | 2,426,018 | ||||||
Reinsurance Group of America, Inc. | 4,528 | 567,630 | ||||||
RenaissanceRe Holdings Ltd. | 2,987 | 404,022 | ||||||
RLI Corp. | 2,695 | 295,803 | ||||||
Ryan Specialty Holdings, Inc., Class A* | 3,951 | 167,364 | ||||||
Selective Insurance Group, Inc. | 4,081 | 324,113 | ||||||
Travelers Cos., Inc. (The) | 16,222 | 2,622,124 | ||||||
Unum Group | 13,592 | 514,457 | ||||||
W R Berkley Corp. | 14,163 | 917,762 | ||||||
White Mountains Insurance Group Ltd. | 202 | 276,740 | ||||||
Willis Towers Watson plc | 7,538 | 1,559,085 | ||||||
57,654,076 | ||||||||
IT Services - 7.3% | ||||||||
Mastercard, Inc., Class A | 58,050 | 18,829,679 | ||||||
Visa, Inc., Class A | 111,234 | 22,103,308 | ||||||
40,932,987 | ||||||||
Mortgage Real Estate Investment Trusts (REITs) - 0.4% | ||||||||
AGNC Investment Corp. | 35,377 | 422,755 | ||||||
Annaly Capital Management, Inc. | 112,254 | 724,038 | ||||||
Blackstone Mortgage Trust, Inc., Class A(b) | 11,510 | 333,560 | ||||||
Rithm Capital Corp. | 31,551 | 297,526 | ||||||
Starwood Property Trust, Inc. | 20,745 | 475,683 | ||||||
2,253,562 |
Ultra Financials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Professional Services - 0.3% | ||||||||
CoStar Group, Inc.* | 26,784 | 1,865,238 | ||||||
Real Estate Management & Development - 0.6% | ||||||||
CBRE Group, Inc., Class A* | 22,089 | 1,744,148 | ||||||
Compass, Inc., Class A*(b) | 1,943 | 5,557 | ||||||
Howard Hughes Corp. (The)* | 2,607 | 165,883 | ||||||
Jones Lang LaSalle, Inc.* | 3,302 | 571,246 | ||||||
Opendoor Technologies, Inc.* | 26,601 | 115,182 | ||||||
Redfin Corp.*(b) | 7,241 | 59,304 | ||||||
Zillow Group, Inc., Class A* | 2,438 | 81,429 | ||||||
Zillow Group, Inc., Class C*(b) | 11,071 | 370,436 | ||||||
3,113,185 | ||||||||
Thrifts & Mortgage Finance - 0.2% | ||||||||
Essent Group Ltd. | 7,273 | 290,847 | ||||||
MGIC Investment Corp. | 20,925 | 299,018 | ||||||
New York Community Bancorp, Inc. | 31,568 | 309,051 | ||||||
Radian Group, Inc. | 11,680 | 246,565 | ||||||
Rocket Cos., Inc., Class A(b) | 8,011 | 63,287 | ||||||
TFS Financial Corp. | 3,226 | 46,132 | ||||||
UWM Holdings Corp.(b) | 5,436 | 19,678 | ||||||
1,274,578 | ||||||||
TOTAL COMMON STOCKS (Cost $483,422,123) | 412,399,980 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.1% | ||||||||
INVESTMENT COMPANIES - 0.1% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $712,349) | 712,349 | 712,349 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 3.3% | ||||||||
REPURCHASE AGREEMENTS(d) - 3.3% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $18,762,704 | ||||||||
(Cost $18,761,556) | 18,761,556 | 18,761,556 | ||||||
Total Investments - 76.6% (Cost $502,896,028) | 431,873,885 | |||||||
Other assets less liabilities - 23.4% | 132,201,746 | |||||||
Net Assets - 100.0% | 564,075,631 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $38,223,017. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $2,775,926, collateralized in the form of cash with a value of $712,349 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $2,154,911 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from November 30, 2022 – May 15, 2051. The total value of collateral is $2,867,260. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $712,349. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Ultra Financials Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Swap Agreements |
Ultra Financials had the following open non-exchange traded total return swap agreements as of August 31, 2022: |
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
26,475,491 | 11/7/2022 | Bank of America NA | 2.88 | % | Dow Jones U.S. FinancialsSM Indexc | 46,027,190 | |||||||||
92,923,259 | 11/7/2022 | BNP Paribas SA | 2.93 | % | Dow Jones U.S. FinancialsSM Indexc | 11,230,551 | |||||||||
31,983,722 | 11/6/2023 | Citibank NA | 3.03 | % | Dow Jones U.S. FinancialsSM Indexc | 20,448,732 | |||||||||
29,301,203 | 4/10/2023 | Credit Suisse International | 2.88 | % | Dow Jones U.S. FinancialsSM Indexc | (408,748 | ) | ||||||||
77,050,485 | 3/6/2024 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. FinancialsSM Indexc | 2,346,233 | |||||||||
36,205,381 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. FinancialsSM Indexc | 2,608,851 | |||||||||
350,501,274 | 3/6/2024 | Societe Generale | 3.08 | % | Dow Jones U.S. FinancialsSM Indexc | 14,000,331 | |||||||||
73,816,062 | 11/7/2022 | UBS AG | 2.98 | % | Dow Jones U.S. FinancialsSM Indexc | 12,350,590 | |||||||||
718,256,877 | 108,603,730 | ||||||||||||||
Total Unrealized Appreciation | 109,012,478 | ||||||||||||||
Total Unrealized Depreciation | (408,748 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
c | See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings. |
Ultra FTSE China 50 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 51.5% | ||||||||
REPURCHASE AGREEMENTS(a) - 51.5% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,361,306 | ||||||||
(Cost $4,361,041) | 4,361,041 | 4,361,041 | ||||||
Total Investments - 51.5% (Cost $4,361,041) | 4,361,041 | |||||||
Other assets less liabilities - 48.5% | 4,107,583 | |||||||
Net Assets - 100.0% | 8,468,624 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa |
Ultra FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2022: |
Notional Amount ($) | Termination Dateb | Counterparty | Rate
Paid (Received)c | Reference Instrument | Value and Unrealized Depreciation ($) | ||||||||||
2,870,325 | 11/9/2022 | Bank of America NA | 2.53 | % | iShares® China Large-Cap ETF | (6,781,730 | ) | ||||||||
2,472,079 | 4/10/2023 | Citibank NA | 1.58 | % | iShares® China Large-Cap ETF | (607,290 | ) | ||||||||
4,006,065 | 3/7/2023 | Goldman Sachs International | 2.63 | % | iShares® China Large-Cap ETF | (1,781,776 | ) | ||||||||
69,081 | 4/10/2023 | Morgan Stanley & Co. International plc | 2.78 | % | iShares® China Large-Cap ETF | (20,651 | ) | ||||||||
4,765,321 | 3/7/2023 | Societe Generale | 1.98 | % | iShares® China Large-Cap ETF | (2,065,605 | ) | ||||||||
2,816,840 | 3/7/2023 | UBS AG | 1.33 | % | iShares® China Large-Cap ETF | (2,121,056 | ) | ||||||||
16,999,711 | (13,378,108 | ) | |||||||||||||
Total Unrealized Depreciation | (13,378,108 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra FTSE Europe Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 77.1% | ||||||||
REPURCHASE AGREEMENTS(a) - 77.1% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,286,637 | ||||||||
(Cost $2,286,498) | 2,286,498 | 2,286,498 | ||||||
Total Investments - 77.1% (Cost $2,286,498) | 2,286,498 | |||||||
Other assets less liabilities - 22.9% | 677,533 | |||||||
Net Assets - 100.0% | 2,964,031 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa | |||||||||||||||
Ultra FTSE Europe had the following open non-exchange traded total return swap agreements as of August 31, 2022: | |||||||||||||||
Notional Amount ($) | Termination Dateb | Counterparty | Rate
Paid (Received)c | Reference Instrument | Value and Unrealized Depreciation ($) | ||||||||||
429,331 | 11/9/2022 | Bank of America NA | 2.63 | % | Vanguard® FTSE Europe ETF Shares | (148,639 | ) | ||||||||
2,234,004 | 4/10/2023 | Citibank NA | 2.53 | % | Vanguard® FTSE Europe ETF Shares | (490,659 | ) | ||||||||
1,152,232 | 3/7/2023 | Goldman Sachs International | 1.13 | % | Vanguard® FTSE Europe ETF Shares | (389,796 | ) | ||||||||
18,651 | 11/9/2023 | Morgan Stanley & Co. International plc | 2.78 | % | Vanguard® FTSE Europe ETF Shares | (6,026 | ) | ||||||||
1,612,296 | 3/7/2023 | Societe Generale | 2.38 | % | Vanguard® FTSE Europe ETF Shares | (1,046,531 | ) | ||||||||
474,571 | 3/7/2023 | UBS AG | 2.33 | % | Vanguard® FTSE Europe ETF Shares | (247,103 | ) | ||||||||
5,921,085 | (2,328,754 | ) | |||||||||||||
Total Unrealized Depreciation | (2,328,754 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra Health Care
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 87.4% | ||||||||
Biotechnology - 14.8% | ||||||||
AbbVie, Inc. | 28,770 | 3,868,414 | ||||||
ACADIA Pharmaceuticals, Inc.* | 1,917 | 31,496 | ||||||
Agios Pharmaceuticals, Inc.* | 893 | 22,772 | ||||||
Alkermes plc* | 2,660 | 62,962 | ||||||
Allogene Therapeutics, Inc.* | 1,213 | 16,630 | ||||||
Alnylam Pharmaceuticals, Inc.* | 1,967 | 406,520 | ||||||
Amgen, Inc. | 8,698 | 2,090,129 | ||||||
Arrowhead Pharmaceuticals, Inc.* | 1,720 | 68,301 | ||||||
Beam Therapeutics, Inc.* | 754 | 41,168 | ||||||
Biogen, Inc.* | 2,385 | 465,981 | ||||||
Biohaven Pharmaceutical Holding Co. Ltd.* | 1,028 | 153,532 | ||||||
BioMarin Pharmaceutical, Inc.* | 3,012 | 268,670 | ||||||
Blueprint Medicines Corp.* | 971 | 71,097 | ||||||
Bridgebio Pharma, Inc.* | 1,753 | 18,407 | ||||||
CRISPR Therapeutics AG* | 1,160 | 75,504 | ||||||
Denali Therapeutics, Inc.*(b) | 1,519 | 42,031 | ||||||
Emergent BioSolutions, Inc.* | 727 | 17,463 | ||||||
Exact Sciences Corp.*(b) | 2,864 | 101,815 | ||||||
Exelixis, Inc.* | 5,221 | 92,621 | ||||||
Fate Therapeutics, Inc.* | 1,336 | 34,923 | ||||||
Gilead Sciences, Inc. | 20,421 | 1,296,121 | ||||||
Halozyme Therapeutics, Inc.*(b) | 2,246 | 91,480 | ||||||
Horizon Therapeutics plc* | 3,743 | 221,623 | ||||||
Incyte Corp.* | 3,064 | 215,798 | ||||||
Intellia Therapeutics, Inc.* | 1,146 | 68,829 | ||||||
Ionis Pharmaceuticals, Inc.* | 2,310 | 98,221 | ||||||
Mirati Therapeutics, Inc.* | 814 | 65,958 | ||||||
Moderna, Inc.* | 5,633 | 745,077 | ||||||
Natera, Inc.* | 1,455 | 71,673 | ||||||
Neurocrine Biosciences, Inc.*(b) | 1,557 | 162,909 | ||||||
Novavax, Inc.*(b) | 1,271 | 41,994 | ||||||
Regeneron Pharmaceuticals, Inc.* | 1,759 | 1,022,085 | ||||||
Sarepta Therapeutics, Inc.* | 1,425 | 155,866 | ||||||
Seagen, Inc.* | 2,186 | 337,278 | ||||||
Twist Bioscience Corp.* | 916 | 36,750 | ||||||
Ultragenyx Pharmaceutical, Inc.* | 1,138 | 54,271 | ||||||
United Therapeutics Corp.* | 738 | 167,246 | ||||||
Vertex Pharmaceuticals, Inc.* | 4,162 | 1,172,685 | ||||||
Vir Biotechnology, Inc.* | 1,207 | 28,666 | ||||||
14,004,966 | ||||||||
Health Care Equipment & Supplies - 16.6% | ||||||||
Abbott Laboratories | 28,507 | 2,926,244 | ||||||
ABIOMED, Inc.* | 743 | 192,645 | ||||||
Align Technology, Inc.* | 1,193 | 290,734 | ||||||
Baxter International, Inc. | 8,198 | 471,057 | ||||||
Becton Dickinson and Co. | 4,641 | 1,171,481 | ||||||
Boston Scientific Corp.* | 23,267 | 937,893 | ||||||
Cooper Cos., Inc. (The)(b) | 802 | 230,527 | ||||||
DENTSPLY SIRONA, Inc. | 3,508 | 114,957 | ||||||
Dexcom, Inc.* | 6,391 | 525,404 | ||||||
Edwards Lifesciences Corp.* | 10,120 | 911,812 | ||||||
Embecta Corp. | 941 | 30,037 | ||||||
Enovis Corp.* | 765 | 38,747 | ||||||
Envista Holdings Corp.* | 2,647 | 98,177 | ||||||
Globus Medical, Inc., Class A* | 1,290 | 76,355 | ||||||
Haemonetics Corp.* | 832 | 62,425 | ||||||
Hologic, Inc.* | 4,060 | 274,294 | ||||||
ICU Medical, Inc.* | 327 | 51,993 | ||||||
IDEXX Laboratories, Inc.* | 1,367 | 475,197 | ||||||
Insulet Corp.*(b) | 1,130 | 288,681 | ||||||
Integra LifeSciences Holdings Corp.* | 1,165 | 55,582 | ||||||
Intuitive Surgical, Inc.* | 5,844 | 1,202,345 | ||||||
Masimo Corp.* | 831 | 122,066 | ||||||
Medtronic plc | 21,836 | 1,919,821 | ||||||
Neogen Corp.*(b) | 1,753 | 36,638 | ||||||
Novocure Ltd.*(b) | 1,464 | 120,238 | ||||||
NuVasive, Inc.* | 847 | 36,006 | ||||||
Omnicell, Inc.* | 720 | 73,649 | ||||||
Penumbra, Inc.* | 576 | 94,562 | ||||||
QuidelOrtho Corp.* | 814 | 64,518 | ||||||
ResMed, Inc. | 2,382 | 523,849 | ||||||
Shockwave Medical, Inc.* | 583 | 173,069 | ||||||
STAAR Surgical Co.* | 778 | 73,591 | ||||||
STERIS plc | 1,631 | 328,451 | ||||||
Stryker Corp. | 5,478 | 1,124,086 | ||||||
Tandem Diabetes Care, Inc.* | 1,041 | 47,615 | ||||||
Teleflex, Inc. | 763 | 172,636 | ||||||
Zimmer Biomet Holdings, Inc. | 3,411 | 362,657 | ||||||
Zimvie, Inc.* | 338 | 5,144 | ||||||
15,705,183 | ||||||||
Health Care Providers & Services - 20.2% | ||||||||
1Life Healthcare, Inc.* | 2,810 | 48,360 | ||||||
Acadia Healthcare Co., Inc.* | 1,474 | 120,765 | ||||||
agilon health, Inc.* | 793 | 16,479 | ||||||
Amedisys, Inc.* | 530 | 62,779 | ||||||
Centene Corp.* | 9,518 | 854,145 | ||||||
Chemed Corp. | 244 | 116,190 | ||||||
Cigna Corp. | 5,166 | 1,464,303 | ||||||
Covetrus, Inc.* | 1,702 | 35,521 | ||||||
CVS Health Corp. | 21,333 | 2,093,834 | ||||||
DaVita, Inc.* | 985 | 84,011 | ||||||
Elevance Health, Inc. | 3,926 | 1,904,542 | ||||||
Encompass Health Corp. | 1,626 | 78,975 | ||||||
Enhabit, Inc.* | 810 | 13,446 | ||||||
Guardant Health, Inc.* | 1,659 | 83,050 | ||||||
HCA Healthcare, Inc. | 3,705 | 733,108 | ||||||
HealthEquity, Inc.* | 1,372 | 90,662 | ||||||
Henry Schein, Inc.* | 2,249 | 165,099 | ||||||
Humana, Inc. | 2,063 | 993,912 | ||||||
Invitae Corp.* | 3,433 | 10,436 | ||||||
Laboratory Corp. of America Holdings | 1,510 | 340,158 | ||||||
LHC Group, Inc.* | 506 | 81,704 | ||||||
McKesson Corp. | 2,365 | 867,955 | ||||||
Molina Healthcare, Inc.* | 955 | 322,188 | ||||||
Oak Street Health, Inc.* | 2,276 | 59,631 | ||||||
Premier, Inc., Class A | 1,921 | 67,696 | ||||||
Quest Diagnostics, Inc. | 1,910 | 239,342 | ||||||
R1 RCM, Inc.* | 2,185 | 47,742 | ||||||
Signify Health, Inc., Class A*(b) | 400 | 11,160 | ||||||
Tenet Healthcare Corp.* | 1,753 | 99,044 | ||||||
UnitedHealth Group, Inc. | 15,274 | 7,932,246 | ||||||
Universal Health Services, Inc., Class B | 1,095 | 107,135 | ||||||
19,145,618 | ||||||||
Health Care Technology - 0.1% | ||||||||
American Well Corp., Class A*(b) | 3,267 | 14,865 | ||||||
Doximity, Inc., Class A*(b) | 1,509 | 50,084 | ||||||
GoodRx Holdings, Inc., Class A* | 1,144 | 6,978 |
Ultra Health Care
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Teladoc Health, Inc.*(b) | 2,620 | 81,377 | ||||||
153,304 | ||||||||
Life Sciences Tools & Services - 11.3% | ||||||||
10X Genomics, Inc., Class A* | 1,528 | 50,409 | ||||||
Agilent Technologies, Inc. | 4,886 | 626,629 | ||||||
Avantor, Inc.* | 9,937 | 247,531 | ||||||
Azenta, Inc. | 1,220 | 64,306 | ||||||
Berkeley Lights, Inc.* | 682 | 2,503 | ||||||
Bio-Rad Laboratories, Inc., Class A* | 353 | 171,219 | ||||||
Bio-Techne Corp. | 638 | 211,695 | ||||||
Bruker Corp. | 1,629 | 91,224 | ||||||
Charles River Laboratories International, Inc.* | 827 | 169,742 | ||||||
Danaher Corp. | 10,535 | 2,843,502 | ||||||
Illumina, Inc.* | 2,556 | 515,392 | ||||||
IQVIA Holdings, Inc.* | 3,081 | 655,205 | ||||||
Maravai LifeSciences Holdings, Inc., Class A* | 1,774 | 37,023 | ||||||
Medpace Holdings, Inc.* | 439 | 64,801 | ||||||
Mettler-Toledo International, Inc.* | 369 | 447,398 | ||||||
NeoGenomics, Inc.* | 2,025 | 20,351 | ||||||
Pacific Biosciences of California, Inc.* | 3,652 | 21,401 | ||||||
Repligen Corp.* | 839 | 184,051 | ||||||
Sotera Health Co.* | 1,610 | 27,225 | ||||||
Syneos Health, Inc.* | 1,670 | 100,384 | ||||||
Thermo Fisher Scientific, Inc. | 6,372 | 3,474,779 | ||||||
Waters Corp.* | 979 | 292,329 | ||||||
West Pharmaceutical Services, Inc. | 1,206 | 357,808 | ||||||
10,676,907 | ||||||||
Pharmaceuticals - 24.4% | ||||||||
Bristol-Myers Squibb Co. | 34,654 | 2,336,026 | ||||||
Catalent, Inc.* | 2,917 | 256,696 | ||||||
Elanco Animal Health, Inc.* | 7,717 | 116,758 | ||||||
Eli Lilly & Co. | 12,840 | 3,867,793 | ||||||
Jazz Pharmaceuticals plc* | 1,016 | 157,704 | ||||||
Johnson & Johnson | 42,832 | 6,910,515 | ||||||
Merck & Co., Inc. | 41,159 | 3,513,332 | ||||||
Nektar Therapeutics* | 3,030 | 11,938 | ||||||
Organon & Co. | 4,129 | 117,800 | ||||||
Perrigo Co. plc | 2,190 | 81,950 | ||||||
Pfizer, Inc. | 91,327 | 4,130,720 | ||||||
Royalty Pharma plc, Class A | 5,882 | 245,927 | ||||||
Viatris, Inc. | 19,736 | 188,479 | ||||||
Zoetis, Inc. | 7,659 | 1,198,863 | ||||||
23,134,501 | ||||||||
TOTAL COMMON STOCKS (Cost $95,689,578) | 82,820,479 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.1% | ||||||||
INVESTMENT COMPANIES - 0.1% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $52,092) | 52,092 | 52,092 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 30.8% | ||||||||
REPURCHASE AGREEMENTS(d) - 30.8% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $29,221,728 | ||||||||
(Cost $29,219,943) | 29,219,943 | 29,219,943 | ||||||
Total Investments - 118.3% (Cost $124,961,613) | 112,092,514 | |||||||
Liabilities in excess of other assets - (18.3%) | (17,321,876 | ) | ||||||
Net Assets - 100.0% | 94,770,638 |
Ultra Health Care
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $58,229,423. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $663,779, collateralized in the form of cash with a value of $52,092 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $628,829 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from December 15, 2022 – May 15, 2051. The total value of collateral is $680,921. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $52,092. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Ultra Health Care had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
28,415,233 | 5/8/2023 | Bank of America NA | 2.78 | % | Dow Jones U.S. Health CareSM Indexc | (2,561,539 | ) | ||||||||
19,880,674 | 4/10/2023 | Citibank NA | 2.63 | % | Dow Jones U.S. Health CareSM Indexc | (3,182,444 | ) | ||||||||
24,419,653 | 3/7/2023 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. Health CareSM Indexc | (3,157,429 | ) | ||||||||
471,478 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. Health CareSM Indexc | 22,642 | |||||||||
2,999,349 | 3/7/2023 | Societe Generale | 2.98 | % | Dow Jones U.S. Health CareSM Indexc | (4,625,611 | ) | ||||||||
30,523,568 | 11/6/2023 | UBS AG | 2.68 | % | Dow Jones U.S. Health CareSM Indexc | (5,224,907 | ) | ||||||||
106,709,955 | (18,729,288 | ) | |||||||||||||
Total Unrealized Appreciation | 22,642 | ||||||||||||||
Total Unrealized Depreciation | (18,751,930 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
c | See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings. |
Ultra High Yield
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 79.7% | ||||||||
REPURCHASE AGREEMENTS(a) - 79.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $6,003,261 | ||||||||
(Cost $6,002,895) | 6,002,895 | 6,002,895 | ||||||
Total Investments - 79.7% (Cost $6,002,895) | 6,002,895 | |||||||
Other assets less liabilities - 20.3% | 1,525,570 | |||||||
Net Assets - 100.0% | 7,528,465 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
Ultra High Yield had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Dateb | Counterparty | Rate Paid (Received)c | Reference Instrument | Value and Unrealized Depreciation ($) | ||||||||||
5,379,351 | 3/7/2024 | BNP Paribas SA | 0.83 | % | iShares® iBoxx $ High Yield Corporate Bond ETF | (222,508 | ) | ||||||||
4,142,176 | 4/10/2023 | Citibank NA | 2.08 | % | iShares® iBoxx $ High Yield Corporate Bond ETF | (1,261,344 | ) | ||||||||
1,422,827 | 4/10/2023 | Credit Suisse International | 2.83 | % | iShares® iBoxx $ High Yield Corporate Bond ETF | (430,918 | ) | ||||||||
951,088 | 3/7/2023 | Goldman Sachs International | 0.08 | % | iShares® iBoxx $ High Yield Corporate Bond ETF | (2,134,654 | ) | ||||||||
3,165,219 | 11/7/2022 | UBS AG | 0.83 | % | iShares® iBoxx $ High Yield Corporate Bond ETF | (1,381,804 | ) | ||||||||
15,060,661 | (5,431,228 | ) | |||||||||||||
Total Unrealized Depreciation | (5,431,228 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra Industrials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 79.2% | ||||||||
Aerospace & Defense - 11.3% | ||||||||
Axon Enterprise, Inc.* | 195 | 22,752 | ||||||
Boeing Co. (The)* | 1,530 | 245,182 | ||||||
BWX Technologies, Inc. | 252 | 13,137 | ||||||
Curtiss-Wright Corp. | 105 | 15,455 | ||||||
General Dynamics Corp. | 634 | 145,142 | ||||||
HEICO Corp. | 118 | 17,971 | ||||||
HEICO Corp., Class A | 207 | 25,374 | ||||||
Hexcel Corp. | 230 | 13,494 | ||||||
Howmet Aerospace, Inc. | 1,035 | 36,670 | ||||||
Huntington Ingalls Industries, Inc. | 110 | 25,329 | ||||||
L3Harris Technologies, Inc. | 531 | 121,169 | ||||||
Lockheed Martin Corp. | 651 | 273,492 | ||||||
Mercury Systems, Inc.* | 159 | 7,653 | ||||||
Northrop Grumman Corp. | 403 | 192,630 | ||||||
Raytheon Technologies Corp. | 4,094 | 367,436 | ||||||
Textron, Inc. | 592 | 36,929 | ||||||
TransDigm Group, Inc. | 142 | 85,255 | ||||||
Virgin Galactic Holdings, Inc.*(b) | 491 | 2,902 | ||||||
Woodward, Inc. | 166 | 15,450 | ||||||
1,663,422 | ||||||||
Air Freight & Logistics - 4.3% | ||||||||
CH Robinson Worldwide, Inc. | 350 | 39,953 | ||||||
Expeditors International of Washington, Inc. | 462 | 47,535 | ||||||
FedEx Corp. | 656 | 138,291 | ||||||
GXO Logistics, Inc.* | 280 | 12,427 | ||||||
United Parcel Service, Inc., Class B | 2,022 | 393,299 | ||||||
631,505 | ||||||||
Building Products - 3.8% | ||||||||
A O Smith Corp. | 359 | 20,265 | ||||||
Advanced Drainage Systems, Inc. | 157 | 21,305 | ||||||
Allegion plc | 242 | 23,014 | ||||||
Armstrong World Industries, Inc. | 129 | 10,835 | ||||||
Builders FirstSource, Inc.* | 475 | 27,840 | ||||||
Carlisle Cos., Inc. | 141 | 41,688 | ||||||
Carrier Global Corp. | 2,334 | 91,306 | ||||||
Fortune Brands Home & Security, Inc. | 361 | 22,176 | ||||||
Johnson Controls International plc | 1,913 | 103,570 | ||||||
Lennox International, Inc. | 91 | 21,851 | ||||||
Masco Corp. | 649 | 33,015 | ||||||
Owens Corning | 268 | 21,904 | ||||||
Trane Technologies plc | 644 | 99,221 | ||||||
Trex Co., Inc.* | 312 | 14,598 | ||||||
Zurn Elkay Water Solutions Corp. | 346 | 9,543 | ||||||
562,131 | ||||||||
Chemicals - 1.0% | ||||||||
Sherwin-Williams Co. (The) | 659 | 152,954 | ||||||
Commercial Services & Supplies - 2.9% | ||||||||
Cimpress plc* | 55 | 1,847 | ||||||
Cintas Corp. | 239 | 97,235 | ||||||
Clean Harbors, Inc.* | 138 | 16,204 | ||||||
MSA Safety, Inc. | 100 | 11,886 | ||||||
Republic Services, Inc. | 574 | 81,921 | ||||||
Stericycle, Inc.* | 253 | 12,673 | ||||||
Tetra Tech, Inc. | 147 | 19,964 | ||||||
Waste Management, Inc. | 1,051 | 177,650 | ||||||
419,380 | ||||||||
Construction & Engineering - 1.2% | ||||||||
AECOM | 389 | 28,455 | ||||||
EMCOR Group, Inc. | 142 | 16,887 | ||||||
MasTec, Inc.* | 158 | 12,719 | ||||||
MDU Resources Group, Inc. | 559 | 16,854 | ||||||
Quanta Services, Inc. | 396 | 55,955 | ||||||
Valmont Industries, Inc. | 58 | 16,055 | ||||||
WillScot Mobile Mini Holdings Corp.* | 612 | 24,566 | ||||||
171,491 | ||||||||
Construction Materials - 0.9% | ||||||||
Eagle Materials, Inc. | 109 | 13,039 | ||||||
Martin Marietta Materials, Inc. | 171 | 59,458 | ||||||
Vulcan Materials Co. | 365 | 60,769 | ||||||
133,266 | ||||||||
Containers & Packaging - 2.6% | ||||||||
Amcor plc | 4,135 | 49,661 | ||||||
AptarGroup, Inc. | 181 | 18,609 | ||||||
Ardagh Metal Packaging SA(b) | 399 | 2,454 | ||||||
Avery Dennison Corp. | 225 | 41,315 | ||||||
Ball Corp. | 880 | 49,113 | ||||||
Berry Global Group, Inc.* | 359 | 19,504 | ||||||
Crown Holdings, Inc. | 339 | 30,710 | ||||||
Graphic Packaging Holding Co. | 780 | 17,371 | ||||||
International Paper Co. | 1,019 | 42,411 | ||||||
Packaging Corp. of America | 257 | 35,188 | ||||||
Sealed Air Corp. | 403 | 21,685 | ||||||
Silgan Holdings, Inc. | 231 | 10,522 | ||||||
Sonoco Products Co. | 269 | 16,952 | ||||||
Westrock Co. | 701 | 28,454 | ||||||
383,949 | ||||||||
Electrical Equipment - 4.3% | ||||||||
Acuity Brands, Inc. | 96 | 15,737 | ||||||
AMETEK, Inc. | 636 | 76,422 | ||||||
ChargePoint Holdings, Inc.*(b) | 491 | 7,989 | ||||||
Eaton Corp. plc | 1,098 | 150,031 | ||||||
Emerson Electric Co. | 1,633 | 133,481 | ||||||
EnerSys | 114 | 7,110 | ||||||
Generac Holdings, Inc.* | 176 | 38,792 | ||||||
Hubbell, Inc. | 147 | 30,326 | ||||||
nVent Electric plc | 458 | 15,096 | ||||||
Regal Rexnord Corp. | 185 | 25,454 | ||||||
Rockwell Automation, Inc. | 319 | 75,584 | ||||||
Sensata Technologies Holding plc | 431 | 17,361 | ||||||
Shoals Technologies Group, Inc., Class A* | 309 | 8,148 | ||||||
Sunrun, Inc.* | 579 | 19,124 | ||||||
Vertiv Holdings Co. | 840 | 9,685 | ||||||
630,340 | ||||||||
Electronic Equipment, Instruments & Components - 4.5% | ||||||||
Amphenol Corp., Class A | 1,643 | 120,810 | ||||||
Arrow Electronics, Inc.* | 182 | 19,075 | ||||||
Avnet, Inc. | 269 | 11,806 | ||||||
Cognex Corp. | 478 | 20,129 | ||||||
Corning, Inc. | 2,092 | 71,797 | ||||||
II-VI, Inc.* | 360 | 17,003 | ||||||
IPG Photonics Corp.* | 96 | 8,697 | ||||||
Itron, Inc.* | 123 | 5,852 | ||||||
Jabil, Inc. | 388 | 23,396 | ||||||
Keysight Technologies, Inc.* | 501 | 82,109 | ||||||
Littelfuse, Inc. | 68 | 16,131 | ||||||
National Instruments Corp. | 360 | 14,314 | ||||||
TE Connectivity Ltd. | 886 | 111,822 |
Ultra Industrials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Teledyne Technologies, Inc.* | 129 | 47,519 | ||||||
Trimble, Inc.* | 689 | 43,579 | ||||||
Vontier Corp. | 444 | 9,733 | ||||||
Zebra Technologies Corp., Class A* | 144 | 43,436 | ||||||
667,208 | ||||||||
Industrial Conglomerates - 5.3% | ||||||||
3M Co. | 1,565 | 194,608 | ||||||
General Electric Co. | 3,028 | 222,376 | ||||||
Honeywell International, Inc. | 1,872 | 354,463 | ||||||
771,447 | ||||||||
IT Services - 13.6% | ||||||||
Accenture plc, Class A | 1,742 | 502,499 | ||||||
Affirm Holdings, Inc.* | 454 | 10,637 | ||||||
Automatic Data Processing, Inc. | 1,149 | 280,827 | ||||||
Block, Inc., Class A* | 1,385 | 95,440 | ||||||
Broadridge Financial Solutions, Inc. | 322 | 55,117 | ||||||
Concentrix Corp. | 119 | 14,968 | ||||||
Euronet Worldwide, Inc.* | 140 | 12,412 | ||||||
Fidelity National Information Services, Inc. | 1,680 | 153,502 | ||||||
Fiserv, Inc.* | 1,601 | 162,005 | ||||||
FleetCor Technologies, Inc.* | 212 | 45,056 | ||||||
Genpact Ltd. | 470 | 22,081 | ||||||
Global Payments, Inc. | 775 | 96,278 | ||||||
Jack Henry & Associates, Inc. | 201 | 38,632 | ||||||
Marqeta, Inc., Class A* | 999 | 7,782 | ||||||
Maximus, Inc. | 168 | 10,179 | ||||||
Paychex, Inc. | 885 | 109,156 | ||||||
PayPal Holdings, Inc.* | 3,186 | 297,700 | ||||||
Shift4 Payments, Inc., Class A* | 147 | 6,658 | ||||||
SS&C Technologies Holdings, Inc. | 610 | 34,014 | ||||||
TaskUS, Inc., Class A* | 77 | 1,146 | ||||||
Toast, Inc., Class A* | 669 | 12,664 | ||||||
Western Union Co. (The) | 1,061 | 15,724 | ||||||
WEX, Inc.* | 123 | 18,973 | ||||||
2,003,450 | ||||||||
Life Sciences Tools & Services - 0.3% | ||||||||
PerkinElmer, Inc. | 347 | 46,866 | ||||||
Machinery - 11.5% | ||||||||
AGCO Corp. | 168 | 18,263 | ||||||
Allison Transmission Holdings, Inc. | 268 | 9,718 | ||||||
Caterpillar, Inc. | 1,467 | 270,970 | ||||||
Chart Industries, Inc.* | 98 | 18,998 | ||||||
Crane Holdings Co. | 131 | 12,361 | ||||||
Cummins, Inc. | 388 | 83,564 | ||||||
Deere & Co. | 768 | 280,512 | ||||||
Donaldson Co., Inc. | 339 | 17,408 | ||||||
Dover Corp. | 397 | 49,609 | ||||||
Esab Corp. | 125 | 5,136 | ||||||
Flowserve Corp. | 360 | 10,969 | ||||||
Fortive Corp. | 987 | 62,507 | ||||||
Gates Industrial Corp. plc* | 263 | 2,819 | ||||||
Graco, Inc. | 466 | 29,749 | ||||||
IDEX Corp. | 208 | 41,852 | ||||||
Illinois Tool Works, Inc. | 779 | 151,773 | ||||||
Ingersoll Rand, Inc. | 1,116 | 52,865 | ||||||
ITT, Inc. | 229 | 16,609 | ||||||
Lincoln Electric Holdings, Inc. | 160 | 21,870 | ||||||
Middleby Corp. (The)* | 149 | 21,429 | ||||||
Nikola Corp.*(b) | 591 | 3,168 | ||||||
Nordson Corp. | 148 | 33,621 | ||||||
Oshkosh Corp. | 182 | 14,516 | ||||||
Otis Worldwide Corp. | 1,164 | 84,064 | ||||||
PACCAR, Inc. | 956 | 83,660 | ||||||
Parker-Hannifin Corp. | 353 | 93,545 | ||||||
Pentair plc | 455 | 20,247 | ||||||
RBC Bearings, Inc.*(b) | 79 | 19,014 | ||||||
Snap-on, Inc. | 146 | 31,808 | ||||||
Timken Co. (The) | 187 | 11,779 | ||||||
Toro Co. (The) | 288 | 23,884 | ||||||
Westinghouse Air Brake Technologies Corp. | 503 | 44,088 | ||||||
Xylem, Inc. | 495 | 45,095 | ||||||
1,687,470 | ||||||||
Marine - 0.1% | ||||||||
Kirby Corp.* | 165 | 11,065 | ||||||
Paper & Forest Products - 0.1% | ||||||||
Louisiana-Pacific Corp. | 226 | 12,256 | ||||||
Professional Services - 3.3% | ||||||||
Alight, Inc., Class A* | 704 | 5,547 | ||||||
ASGN, Inc.* | 141 | 13,635 | ||||||
Booz Allen Hamilton Holding Corp. | 366 | 35,026 | ||||||
CACI International, Inc., Class A* | 64 | 17,976 | ||||||
Clarivate plc* | 1,074 | 12,533 | ||||||
Dun & Bradstreet Holdings, Inc. | 418 | 5,956 | ||||||
Equifax, Inc. | 337 | 63,609 | ||||||
FTI Consulting, Inc.* | 96 | 15,418 | ||||||
Insperity, Inc. | 99 | 10,793 | ||||||
Jacobs Solutions, Inc. | 354 | 44,101 | ||||||
KBR, Inc. | 383 | 18,499 | ||||||
Leidos Holdings, Inc. | 376 | 35,739 | ||||||
ManpowerGroup, Inc. | 144 | 10,558 | ||||||
Nielsen Holdings plc | 990 | 27,562 | ||||||
Robert Half International, Inc. | 304 | 23,399 | ||||||
Science Applications International Corp. | 154 | 14,025 | ||||||
TransUnion | 530 | 39,151 | ||||||
TriNet Group, Inc.* | 104 | 8,570 | ||||||
Upwork, Inc.* | 336 | 5,846 | ||||||
Verisk Analytics, Inc. | 434 | 81,227 | ||||||
489,170 | ||||||||
Road & Rail - 6.2% | ||||||||
CSX Corp. | 5,982 | 189,330 | ||||||
Hertz Global Holdings, Inc.*(b) | 137 | 2,529 | ||||||
JB Hunt Transport Services, Inc. | 230 | 40,025 | ||||||
Knight-Swift Transportation Holdings, Inc. | 449 | 22,679 | ||||||
Landstar System, Inc. | 102 | 14,956 | ||||||
Norfolk Southern Corp. | 656 | 159,493 | ||||||
Old Dominion Freight Line, Inc. | 252 | 68,395 | ||||||
Saia, Inc.* | 73 | 15,098 | ||||||
TuSimple Holdings, Inc., Class A*(b) | 98 | 705 | ||||||
Union Pacific Corp. | 1,729 | 388,178 | ||||||
XPO Logistics, Inc.* | 273 | 14,311 | ||||||
915,699 | ||||||||
Trading Companies & Distributors - 2.0% | ||||||||
Air Lease Corp. | 287 | 10,435 |
Ultra Industrials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Applied Industrial Technologies, Inc. | 105 | 11,132 | ||||||
Core & Main, Inc., Class A* | 157 | 3,700 | ||||||
Fastenal Co. | 1,585 | 79,773 | ||||||
MSC Industrial Direct Co., Inc., Class A | 130 | 10,297 | ||||||
SiteOne Landscape Supply, Inc.* | 123 | 15,395 | ||||||
United Rentals, Inc.* | 197 | 57,532 | ||||||
Univar Solutions, Inc.* | 466 | 11,753 | ||||||
Watsco, Inc. | 92 | 25,027 | ||||||
WW Grainger, Inc. | 119 | 66,038 | ||||||
291,082 | ||||||||
TOTAL COMMON STOCKS (Cost $14,970,993) | 11,644,151 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.1% | ||||||||
INVESTMENT COMPANIES - 0.1% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $17,036) | 17,036 | 17,036 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 14.0% | ||||||||
REPURCHASE AGREEMENTS(d) - 14.0% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,053,416 | ||||||||
(Cost $2,053,292) | 2,053,292 | 2,053,292 | ||||||
Total Investments - 93.3% (Cost $17,041,321) | 13,714,479 | |||||||
Other assets less liabilities - 6.7% | 991,378 | |||||||
Net Assets - 100.0% | 14,705,857 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $4,955,778. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $34,827, collateralized in the form of cash with a value of $17,036 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $18,353 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from January 15, 2023 – May 15, 2051. The total value of collateral is $35,389. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $17,036. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Ultra Industrials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Swap Agreements
Ultra Industrials had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
3,351,909 | 5/8/2023 | Bank of America NA | 2.63 | % | Dow Jones U.S. IndustrialsSM Index | (1,490,060 | ) | ||||||||
589,131 | 3/7/2024 | BNP Paribas SA | 2.88 | % | Dow Jones U.S. IndustrialsSM Index | 66,215 | |||||||||
4,130,343 | 11/7/2022 | Citibank NA | 2.63 | % | Dow Jones U.S. IndustrialsSM Index | (1,183,142 | ) | ||||||||
5,034,228 | 3/7/2023 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. IndustrialsSM Index | (1,649,576 | ) | ||||||||
757,061 | 4/10/2023 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. IndustrialsSM Index | (65,367 | ) | ||||||||
1,832,547 | 3/7/2023 | Societe Generale | 2.88 | % | Dow Jones U.S. IndustrialsSM Index | (603,381 | ) | ||||||||
2,145,466 | 3/7/2023 | UBS AG | 2.68 | % | Dow Jones U.S. IndustrialsSM Index | (425,413 | ) | ||||||||
17,840,685 | (5,350,724 | ) | |||||||||||||
Total Unrealized Appreciation | 66,215 | ||||||||||||||
Total Unrealized Depreciation | (5,416,939 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 82.7% | ||||||||
Aerospace & Defense - 1.1% | ||||||||
Axon Enterprise, Inc.* | 3,411 | 397,996 | ||||||
Curtiss-Wright Corp. | 1,847 | 271,860 | ||||||
Hexcel Corp. | 4,035 | 236,733 | ||||||
Mercury Systems, Inc.* | 2,770 | 133,320 | ||||||
Woodward, Inc. | 2,912 | 271,020 | ||||||
1,310,929 | ||||||||
Air Freight & Logistics - 0.2% | ||||||||
GXO Logistics, Inc.* | 4,886 | 216,841 | ||||||
Airlines - 0.1% | ||||||||
JetBlue Airways Corp.* | 15,401 | 119,974 | ||||||
Auto Components - 1.2% | ||||||||
Adient plc* | 4,552 | 151,126 | ||||||
Dana, Inc. | 6,880 | 106,434 | ||||||
Fox Factory Holding Corp.* | 2,025 | 188,750 | ||||||
Gentex Corp. | 11,256 | 307,176 | ||||||
Goodyear Tire & Rubber Co. (The)* | 13,563 | 190,289 | ||||||
Lear Corp. | 2,870 | 397,897 | ||||||
Visteon Corp.* | 1,349 | 161,651 | ||||||
1,503,323 | ||||||||
Automobiles - 0.4% | ||||||||
Harley-Davidson, Inc. | 7,078 | 272,999 | ||||||
Thor Industries, Inc.(b) | 2,643 | 214,109 | ||||||
487,108 | ||||||||
Banks - 5.9% | ||||||||
Associated Banc-Corp. | 7,203 | 144,348 | ||||||
Bank of Hawaii Corp.(b) | 1,935 | 150,969 | ||||||
Bank OZK | 5,424 | 219,835 | ||||||
Cadence Bank | 8,811 | 224,504 | ||||||
Cathay General Bancorp | 3,609 | 151,361 | ||||||
Commerce Bancshares, Inc. | 5,274 | 362,693 | ||||||
Cullen/Frost Bankers, Inc. | 2,740 | 356,090 | ||||||
East West Bancorp, Inc. | 6,815 | 491,839 | ||||||
First Financial Bankshares, Inc.(b) | 6,166 | 262,117 | ||||||
First Horizon Corp. | 25,683 | 580,949 | ||||||
FNB Corp. | 16,200 | 193,104 | ||||||
Fulton Financial Corp. | 8,015 | 130,083 | ||||||
Glacier Bancorp, Inc. | 5,213 | 264,195 | ||||||
Hancock Whitney Corp. | 4,147 | 200,010 | ||||||
Home BancShares, Inc. | 9,083 | 213,723 | ||||||
International Bancshares Corp. | 2,548 | 106,328 | ||||||
Old National Bancorp | 14,068 | 234,795 | ||||||
PacWest Bancorp | 5,639 | 148,475 | ||||||
Pinnacle Financial Partners, Inc. | 3,666 | 295,883 | ||||||
Prosperity Bancshares, Inc. | 4,428 | 313,857 | ||||||
Synovus Financial Corp. | 6,979 | 280,277 | ||||||
Texas Capital Bancshares, Inc.* | 2,437 | 143,856 | ||||||
UMB Financial Corp. | 2,068 | 185,024 | ||||||
Umpqua Holdings Corp. | 10,421 | 184,868 | ||||||
United Bankshares, Inc. | 6,519 | 241,855 | ||||||
Valley National Bancorp | 20,178 | 234,468 | ||||||
Washington Federal, Inc. | 3,136 | 100,383 | ||||||
Webster Financial Corp. | 8,553 | 402,419 | ||||||
Wintrust Financial Corp. | 2,894 | 244,080 | ||||||
7,062,388 | ||||||||
Beverages - 0.4% | ||||||||
Boston Beer Co., Inc. (The), Class A* | 450 | 151,686 | ||||||
Celsius Holdings, Inc.* | 1,851 | 191,560 | ||||||
Coca-Cola Consolidated, Inc. | 221 | 104,827 | ||||||
448,073 | ||||||||
Biotechnology - 1.4% | ||||||||
Arrowhead Pharmaceuticals, Inc.* | 5,078 | 201,647 | ||||||
Exelixis, Inc.* | 15,400 | 273,196 | ||||||
Halozyme Therapeutics, Inc.* | 6,624 | 269,796 | ||||||
Neurocrine Biosciences, Inc.* | 4,590 | 480,252 | ||||||
United Therapeutics Corp.* | 2,175 | 492,898 | ||||||
1,717,789 | ||||||||
Building Products - 2.0% | ||||||||
Builders FirstSource, Inc.* | 8,296 | 486,229 | ||||||
Carlisle Cos., Inc. | 2,482 | 733,828 | ||||||
Lennox International, Inc. | 1,586 | 380,830 | ||||||
Owens Corning | 4,661 | 380,944 | ||||||
Simpson Manufacturing Co., Inc. | 2,072 | 191,950 | ||||||
Trex Co., Inc.* | 5,436 | 254,350 | ||||||
2,428,131 | ||||||||
Capital Markets - 1.6% | ||||||||
Affiliated Managers Group, Inc. | 1,856 | 236,380 | ||||||
Evercore, Inc., Class A | 1,950 | 182,696 | ||||||
Federated Hermes, Inc., Class B | 4,401 | 149,898 | ||||||
Interactive Brokers Group, Inc., Class A | 4,199 | 258,617 | ||||||
Janus Henderson Group plc | 8,056 | 188,510 | ||||||
Jefferies Financial Group, Inc. | 9,202 | 295,292 | ||||||
SEI Investments Co. | 5,010 | 274,047 | ||||||
Stifel Financial Corp. | 5,119 | 303,608 | ||||||
1,889,048 | ||||||||
Chemicals - 2.2% | ||||||||
Ashland, Inc. | 2,437 | 247,989 | ||||||
Avient Corp. | 4,391 | 192,457 | ||||||
Cabot Corp. | 2,710 | 195,039 | ||||||
Chemours Co. (The) | 7,464 | 251,761 | ||||||
Ingevity Corp.* | 1,861 | 130,530 | ||||||
Minerals Technologies, Inc. | 1,583 | 92,226 | ||||||
NewMarket Corp. | 325 | 93,343 | ||||||
Olin Corp. | 6,665 | 364,309 | ||||||
RPM International, Inc. | 6,219 | 579,362 | ||||||
Scotts Miracle-Gro Co. (The) | 1,942 | 130,017 | ||||||
Sensient Technologies Corp. | 2,019 | 160,854 | ||||||
Valvoline, Inc. | 8,555 | 248,694 | ||||||
2,686,581 | ||||||||
Commercial Services & Supplies - 1.3% | ||||||||
Brink's Co. (The) | 2,256 | 124,712 | ||||||
Clean Harbors, Inc.* | 2,404 | 282,278 | ||||||
IAA, Inc.* | 6,435 | 239,768 | ||||||
MillerKnoll, Inc. | 3,639 | 100,728 | ||||||
MSA Safety, Inc. | 1,754 | 208,480 | ||||||
Stericycle, Inc.* | 4,422 | 221,498 | ||||||
Tetra Tech, Inc. | 2,577 | 349,982 | ||||||
1,527,446 | ||||||||
Communications Equipment - 0.8% | ||||||||
Calix, Inc.* | 2,668 | 157,012 | ||||||
Ciena Corp.* | 7,305 | 370,656 | ||||||
Lumentum Holdings, Inc.* | 3,314 | 276,885 | ||||||
Viasat, Inc.* | 3,574 | 135,740 | ||||||
940,293 | ||||||||
Construction & Engineering - 1.6% | ||||||||
AECOM | 6,788 | 496,542 |
Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Dycom Industries, Inc.* | 1,422 | 159,435 | ||||||
EMCOR Group, Inc. | 2,455 | 291,949 | ||||||
Fluor Corp.*(b) | 6,819 | 180,294 | ||||||
MasTec, Inc.* | 2,744 | 220,892 | ||||||
MDU Resources Group, Inc. | 9,764 | 294,385 | ||||||
Valmont Industries, Inc. | 1,025 | 283,740 | ||||||
1,927,237 | ||||||||
Construction Materials - 0.2% | ||||||||
Eagle Materials, Inc. | 1,898 | 227,039 | ||||||
Consumer Finance - 0.5% | ||||||||
Bread Financial Holdings, Inc. | 2,390 | 91,848 | ||||||
FirstCash Holdings, Inc. | 1,891 | 147,422 | ||||||
Navient Corp. | 7,100 | 109,269 | ||||||
SLM Corp. | 12,924 | 197,479 | ||||||
546,018 | ||||||||
Containers & Packaging - 0.7% | ||||||||
AptarGroup, Inc. | 3,149 | 323,749 | ||||||
Greif, Inc., Class A | 1,277 | 85,623 | ||||||
Silgan Holdings, Inc. | 4,044 | 184,204 | ||||||
Sonoco Products Co. | 4,681 | 294,996 | ||||||
888,572 | ||||||||
Diversified Consumer Services - 0.9% | ||||||||
Graham Holdings Co., Class B | 189 | 106,866 | ||||||
Grand Canyon Education, Inc.* | 1,552 | 126,302 | ||||||
H&R Block, Inc. | 7,663 | 344,835 | ||||||
Service Corp. International | 7,622 | 470,354 | ||||||
1,048,357 | ||||||||
Diversified Financial Services - 0.2% | ||||||||
Voya Financial, Inc. | 4,906 | 301,866 | ||||||
Diversified Telecommunication Services - 0.2% | ||||||||
Iridium Communications, Inc.* | 6,146 | 272,821 | ||||||
Electric Utilities - 1.2% | ||||||||
ALLETE, Inc. | 2,738 | 162,035 | ||||||
Hawaiian Electric Industries, Inc. | 5,254 | 205,536 | ||||||
IDACORP, Inc. | 2,428 | 265,235 | ||||||
OGE Energy Corp. | 9,614 | 389,751 | ||||||
PNM Resources, Inc. | 4,123 | 195,554 | ||||||
Portland General Electric Co. | 4,285 | 221,406 | ||||||
1,439,517 | ||||||||
Electrical Equipment - 1.7% | ||||||||
Acuity Brands, Inc. | 1,660 | 272,124 | ||||||
EnerSys | 1,980 | 123,492 | ||||||
Hubbell, Inc. | 2,576 | 531,429 | ||||||
nVent Electric plc | 7,987 | 263,251 | ||||||
Regal Rexnord Corp. | 3,218 | 442,765 | ||||||
Sunrun, Inc.* | 10,089 | 333,240 | ||||||
Vicor Corp.* | 1,037 | 73,772 | ||||||
2,040,073 | ||||||||
Electronic Equipment, Instruments & Components - 2.6% | ||||||||
Arrow Electronics, Inc.* | 3,171 | 332,352 | ||||||
Avnet, Inc. | 4,691 | 205,888 | ||||||
Belden, Inc. | 2,126 | 139,210 | ||||||
Cognex Corp. | 8,343 | 351,324 | ||||||
II-VI, Inc.* | 6,196 | 292,637 | ||||||
IPG Photonics Corp.* | 1,668 | 151,104 | ||||||
Jabil, Inc. | 6,779 | 408,774 | ||||||
Littelfuse, Inc. | 1,187 | 281,580 | ||||||
National Instruments Corp. | 6,299 | 250,448 | ||||||
Novanta, Inc.* | 1,711 | 228,744 | ||||||
TD SYNNEX Corp. | 1,984 | 191,020 | ||||||
Vishay Intertechnology, Inc. | 6,334 | 124,590 | ||||||
Vontier Corp. | 7,729 | 169,420 | ||||||
3,127,091 | ||||||||
Energy Equipment & Services - 0.5% | ||||||||
ChampionX Corp. | 9,767 | 213,018 | ||||||
NOV, Inc. | 18,862 | 333,292 | ||||||
546,310 | ||||||||
Entertainment - 0.1% | ||||||||
World Wrestling Entertainment, Inc., Class A | 2,077 | 141,257 | ||||||
Equity Real Estate Investment Trusts (REITs) - 6.7% | ||||||||
Apartment Income REIT Corp. | 7,544 | 308,172 | ||||||
Brixmor Property Group, Inc. | 14,384 | 308,968 | ||||||
Corporate Office Properties Trust | 5,397 | 139,458 | ||||||
Cousins Properties, Inc. | 7,141 | 191,736 | ||||||
Douglas Emmett, Inc. | 8,438 | 164,710 | ||||||
EastGroup Properties, Inc. | 2,002 | 330,390 | ||||||
EPR Properties | 3,600 | 156,564 | ||||||
First Industrial Realty Trust, Inc. | 6,339 | 321,261 | ||||||
Healthcare Realty Trust, Inc. | 18,279 | 444,545 | ||||||
Highwoods Properties, Inc. | 5,047 | 153,479 | ||||||
Hudson Pacific Properties, Inc. | 6,943 | 91,717 | ||||||
Independence Realty Trust, Inc. | 10,605 | 206,267 | ||||||
JBG SMITH Properties | 5,220 | 114,683 | ||||||
Kilroy Realty Corp. | 5,044 | 245,996 | ||||||
Kite Realty Group Trust | 10,515 | 203,570 | ||||||
Lamar Advertising Co., Class A | 4,182 | 392,648 | ||||||
Life Storage, Inc. | 4,052 | 515,527 | ||||||
Macerich Co. (The) | 10,305 | 98,619 | ||||||
Medical Properties Trust, Inc. | 28,816 | 421,002 | ||||||
National Retail Properties, Inc. | 8,447 | 379,270 | ||||||
National Storage Affiliates Trust | 4,040 | 204,101 | ||||||
Omega Healthcare Investors, Inc. | 11,295 | 368,895 | ||||||
Park Hotels & Resorts, Inc. | 11,203 | 156,842 | ||||||
Pebblebrook Hotel Trust | 6,306 | 111,112 | ||||||
Physicians Realty Trust | 10,818 | 180,228 | ||||||
PotlatchDeltic Corp. | 3,332 | 154,671 | ||||||
Rayonier, Inc. | 7,026 | 249,564 | ||||||
Rexford Industrial Realty, Inc. | 7,924 | 492,952 | ||||||
Sabra Health Care REIT, Inc. | 11,088 | 165,987 | ||||||
SL Green Realty Corp. | 3,079 | 136,007 | ||||||
Spirit Realty Capital, Inc. | 6,450 | 263,483 | ||||||
STORE Capital Corp. | 12,126 | 327,160 | ||||||
7,999,584 | ||||||||
Food & Staples Retailing - 1.3% | ||||||||
BJ's Wholesale Club Holdings, Inc.* | 6,477 | 482,472 | ||||||
Casey's General Stores, Inc. | 1,781 | 380,724 | ||||||
Grocery Outlet Holding Corp.* | 4,212 | 168,985 | ||||||
Performance Food Group Co.* | 7,443 | 372,001 | ||||||
Sprouts Farmers Market, Inc.* | 5,263 | 152,101 | ||||||
1,556,283 | ||||||||
Food Products - 1.4% | ||||||||
Darling Ingredients, Inc.* | 7,757 | 589,997 | ||||||
Flowers Foods, Inc. | 9,571 | 261,288 | ||||||
Hain Celestial Group, Inc. (The)* | 4,311 | 87,341 | ||||||
Ingredion, Inc. | 3,180 | 276,883 | ||||||
Lancaster Colony Corp. | 951 | 160,291 | ||||||
Pilgrim's Pride Corp.* | 2,308 | 65,709 | ||||||
Post Holdings, Inc.* | 2,683 | 238,143 | ||||||
1,679,652 |
Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Gas Utilities - 1.3% | ||||||||
National Fuel Gas Co. | 4,392 | 313,018 | ||||||
New Jersey Resources Corp. | 4,618 | 203,838 | ||||||
ONE Gas, Inc. | 2,599 | 203,424 | ||||||
Southwest Gas Holdings, Inc. | 3,211 | 249,976 | ||||||
Spire, Inc. | 2,502 | 174,865 | ||||||
UGI Corp. | 10,082 | 398,239 | ||||||
1,543,360 | ||||||||
Health Care Equipment & Supplies - 2.9% | ||||||||
Enovis Corp.*(b) | 2,256 | 114,268 | ||||||
Envista Holdings Corp.* | 7,810 | 289,673 | ||||||
Globus Medical, Inc., Class A* | 3,809 | 225,455 | ||||||
Haemonetics Corp.* | 2,453 | 184,049 | ||||||
ICU Medical, Inc.* | 964 | 153,276 | ||||||
Inari Medical, Inc.* | 1,634 | 113,318 | ||||||
Integra LifeSciences Holdings Corp.* | 3,434 | 163,836 | ||||||
LivaNova plc* | 2,566 | 144,337 | ||||||
Masimo Corp.* | 2,451 | 360,027 | ||||||
Neogen Corp.*(b) | 5,177 | 108,199 | ||||||
NuVasive, Inc.* | 2,499 | 106,232 | ||||||
Omnicell, Inc.* | 2,123 | 217,162 | ||||||
Penumbra, Inc.* | 1,702 | 279,417 | ||||||
QuidelOrtho Corp.* | 2,402 | 190,383 | ||||||
Shockwave Medical, Inc.* | 1,718 | 510,005 | ||||||
STAAR Surgical Co.* | 2,295 | 217,084 | ||||||
Tandem Diabetes Care, Inc.* | 3,071 | 140,468 | ||||||
3,517,189 | ||||||||
Health Care Providers & Services - 2.1% | ||||||||
Acadia Healthcare Co., Inc.* | 4,347 | 356,150 | ||||||
Amedisys, Inc.* | 1,563 | 185,137 | ||||||
Chemed Corp. | 719 | 342,381 | ||||||
Encompass Health Corp. | 4,793 | 232,796 | ||||||
HealthEquity, Inc.* | 4,051 | 267,690 | ||||||
LHC Group, Inc.* | 1,490 | 240,590 | ||||||
Option Care Health, Inc.* | 7,175 | 222,138 | ||||||
Patterson Cos., Inc. | 4,173 | 116,385 | ||||||
Progyny, Inc.* | 3,400 | 136,714 | ||||||
R1 RCM, Inc.* | 6,446 | 140,845 | ||||||
Tenet Healthcare Corp.* | 5,171 | 292,162 | ||||||
2,532,988 | ||||||||
Hotels, Restaurants & Leisure - 2.1% | ||||||||
Boyd Gaming Corp. | 3,841 | 209,066 | ||||||
Choice Hotels International, Inc. | 1,580 | 181,242 | ||||||
Churchill Downs, Inc. | 1,644 | 324,016 | ||||||
Cracker Barrel Old Country Store, Inc. | 1,116 | 120,461 | ||||||
Light & Wonder, Inc.* | 4,595 | 226,212 | ||||||
Marriott Vacations Worldwide Corp. | 1,988 | 283,131 | ||||||
Papa John's International, Inc. | 1,531 | 123,751 | ||||||
Texas Roadhouse, Inc. | 3,273 | 290,511 | ||||||
Travel + Leisure Co. | 4,101 | 173,882 | ||||||
Wendy's Co. (The) | 8,228 | 157,813 | ||||||
Wingstop, Inc. | 1,436 | 163,503 | ||||||
Wyndham Hotels & Resorts, Inc. | 4,423 | 288,999 | ||||||
2,542,587 | ||||||||
Household Durables - 1.1% | ||||||||
Helen of Troy Ltd.* | 1,145 | 141,557 | ||||||
KB Home | 4,164 | 119,299 | ||||||
Leggett & Platt, Inc. | 6,414 | 245,143 | ||||||
Taylor Morrison Home Corp., Class A* | 5,744 | 144,232 | ||||||
Tempur Sealy International, Inc. | 8,428 | 210,784 | ||||||
Toll Brothers, Inc. | 5,294 | 231,824 | ||||||
TopBuild Corp.* | 1,574 | 289,238 | ||||||
1,382,077 | ||||||||
Household Products - 0.1% | ||||||||
Energizer Holdings, Inc. | 3,147 | 88,431 | ||||||
Independent Power and Renewable Electricity Producers - 0.2% | ||||||||
Ormat Technologies, Inc. | 2,154 | 201,356 | ||||||
Insurance - 3.5% | ||||||||
Alleghany Corp.* | 647 | 544,243 | ||||||
American Financial Group, Inc. | 3,188 | 407,044 | ||||||
Brighthouse Financial, Inc.* | 3,596 | 170,990 | ||||||
CNO Financial Group, Inc. | 5,565 | 102,452 | ||||||
First American Financial Corp. | 5,159 | 276,007 | ||||||
Hanover Insurance Group, Inc. (The) | 1,709 | 221,128 | ||||||
Kemper Corp. | 2,880 | 132,480 | ||||||
Kinsale Capital Group, Inc. | 1,035 | 262,455 | ||||||
Mercury General Corp. | 1,276 | 40,704 | ||||||
Old Republic International Corp. | 13,766 | 300,649 | ||||||
Primerica, Inc. | 1,848 | 234,234 | ||||||
Reinsurance Group of America, Inc. | 3,217 | 403,283 | ||||||
RenaissanceRe Holdings Ltd. | 2,122 | 287,022 | ||||||
RLI Corp. | 1,915 | 210,190 | ||||||
Selective Insurance Group, Inc. | 2,899 | 230,239 | ||||||
Unum Group | 9,657 | 365,517 | ||||||
4,188,637 | ||||||||
Interactive Media & Services - 0.2% | ||||||||
TripAdvisor, Inc.* | 4,811 | 114,502 | ||||||
Ziff Davis, Inc.* | 2,271 | 175,503 | ||||||
290,005 | ||||||||
IT Services - 1.5% | ||||||||
Concentrix Corp. | 2,066 | 259,862 | ||||||
Euronet Worldwide, Inc.* | 2,428 | 215,266 | ||||||
Genpact Ltd. | 8,179 | 384,249 | ||||||
Kyndryl Holdings, Inc.* | 8,626 | 89,883 | ||||||
Maximus, Inc. | 2,949 | 178,680 | ||||||
Sabre Corp.* | 15,670 | 112,667 | ||||||
Western Union Co. (The) | 18,535 | 274,689 | ||||||
WEX, Inc.* | 2,159 | 333,026 | ||||||
1,848,322 | ||||||||
Leisure Products - 1.0% | ||||||||
Brunswick Corp. | 3,637 | 271,720 | ||||||
Callaway Golf Co.* | 5,588 | 123,663 | ||||||
Mattel, Inc.* | 16,927 | 374,425 | ||||||
Polaris, Inc. | 2,684 | 304,017 | ||||||
YETI Holdings, Inc.* | 4,137 | 152,614 | ||||||
1,226,439 | ||||||||
Life Sciences Tools & Services - 1.3% | ||||||||
Azenta, Inc. | 3,601 | 189,808 | ||||||
Bruker Corp. | 4,802 | 268,912 | ||||||
Medpace Holdings, Inc.* | 1,293 | 190,860 | ||||||
Repligen Corp.* | 2,475 | 542,941 | ||||||
Sotera Health Co.* | 4,751 | 80,339 | ||||||
Syneos Health, Inc.* | 4,926 | 296,102 | ||||||
1,568,962 | ||||||||
Machinery - 3.6% | ||||||||
AGCO Corp. | 2,936 | 319,173 | ||||||
Chart Industries, Inc.* | 1,721 | 333,633 | ||||||
Crane Holdings Co. | 2,288 | 215,896 |
Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Donaldson Co., Inc. | 5,933 | 304,660 | ||||||
Esab Corp. | 2,190 | 89,987 | ||||||
Flowserve Corp. | 6,273 | 191,138 | ||||||
Graco, Inc. | 8,127 | 518,828 | ||||||
ITT, Inc. | 4,010 | 290,845 | ||||||
Kennametal, Inc. | 3,967 | 92,986 | ||||||
Lincoln Electric Holdings, Inc. | 2,789 | 381,228 | ||||||
Middleby Corp. (The)* | 2,611 | 375,514 | ||||||
Oshkosh Corp. | 3,158 | 251,882 | ||||||
Terex Corp. | 3,328 | 110,556 | ||||||
Timken Co. (The) | 3,240 | 204,088 | ||||||
Toro Co. (The) | 5,021 | 416,392 | ||||||
Watts Water Technologies, Inc., Class A | 1,318 | 182,569 | ||||||
4,279,375 | ||||||||
Marine - 0.2% | ||||||||
Kirby Corp.* | 2,895 | 194,139 | ||||||
Media - 0.7% | ||||||||
Cable One, Inc. | 238 | 270,130 | ||||||
John Wiley & Sons, Inc., Class A | 2,083 | 95,880 | ||||||
New York Times Co. (The), Class A | 8,005 | 244,072 | ||||||
TEGNA, Inc. | 10,624 | 227,354 | ||||||
837,436 | ||||||||
Metals & Mining - 2.6% | ||||||||
Alcoa Corp. | 8,857 | 438,244 | ||||||
Cleveland-Cliffs, Inc.* | 22,929 | 395,984 | ||||||
Commercial Metals Co. | 5,834 | 236,335 | ||||||
MP Materials Corp.* | 3,580 | 125,264 | ||||||
Reliance Steel & Aluminum Co. | 2,974 | 559,053 | ||||||
Royal Gold, Inc. | 3,152 | 289,669 | ||||||
Steel Dynamics, Inc. | 8,609 | 694,918 | ||||||
United States Steel Corp. | 12,516 | 286,241 | ||||||
Worthington Industries, Inc. | 1,542 | 78,627 | ||||||
3,104,335 | ||||||||
Multiline Retail - 0.5% | ||||||||
Kohl's Corp. | 6,174 | 175,465 | ||||||
Macy's, Inc. | 13,679 | 236,920 | ||||||
Nordstrom, Inc. | 5,357 | 91,658 | ||||||
Ollie's Bargain Outlet Holdings, Inc.* | 2,802 | 154,979 | ||||||
659,022 | ||||||||
Multi-Utilities - 0.3% | ||||||||
Black Hills Corp. | 3,113 | 234,969 | ||||||
NorthWestern Corp. | 2,600 | 137,748 | ||||||
372,717 | ||||||||
Oil, Gas & Consumable Fuels - 3.6% | ||||||||
Antero Midstream Corp. | 15,618 | 157,273 | ||||||
CNX Resources Corp.* | 9,365 | 165,480 | ||||||
DT Midstream, Inc. | 4,646 | 256,506 | ||||||
EQT Corp. | 14,195 | 678,521 | ||||||
Equitrans Midstream Corp. | 19,532 | 181,062 | ||||||
HF Sinclair Corp. | 7,182 | 377,989 | ||||||
Matador Resources Co. | 5,332 | 317,787 | ||||||
Murphy Oil Corp. | 7,013 | 273,297 | ||||||
PDC Energy, Inc. | 4,583 | 311,231 | ||||||
Range Resources Corp.* | 12,447 | 409,008 | ||||||
Southwestern Energy Co.* | 53,599 | 401,456 | ||||||
Targa Resources Corp. | 10,950 | 747,118 | ||||||
4,276,728 | ||||||||
Paper & Forest Products - 0.2% | ||||||||
Louisiana-Pacific Corp. | 3,943 | 213,829 | ||||||
Personal Products - 0.3% | ||||||||
BellRing Brands, Inc.* | 5,922 | 140,292 | ||||||
Coty, Inc., Class A* | 16,519 | 124,058 | ||||||
Nu Skin Enterprises, Inc., Class A | 2,412 | 98,747 | ||||||
363,097 | ||||||||
Pharmaceuticals - 0.6% | ||||||||
Jazz Pharmaceuticals plc* | 2,992 | 464,418 | ||||||
Perrigo Co. plc | 6,460 | 241,733 | ||||||
706,151 | ||||||||
Professional Services - 1.5% | ||||||||
ASGN, Inc.* | 2,453 | 237,205 | ||||||
CACI International, Inc., Class A* | 1,126 | 316,260 | ||||||
FTI Consulting, Inc.* | 1,654 | 265,632 | ||||||
Insperity, Inc. | 1,711 | 186,533 | ||||||
KBR, Inc. | 6,701 | 323,658 | ||||||
ManpowerGroup, Inc. | 2,534 | 185,793 | ||||||
Science Applications International Corp. | 2,680 | 244,068 | ||||||
1,759,149 | ||||||||
Real Estate Management & Development - 0.3% | ||||||||
Jones Lang LaSalle, Inc.* | 2,345 | 405,685 | ||||||
Road & Rail - 1.5% | ||||||||
Avis Budget Group, Inc.* | 1,647 | 275,675 | ||||||
Knight-Swift Transportation Holdings, Inc. | 7,855 | 396,756 | ||||||
Landstar System, Inc. | 1,781 | 261,148 | ||||||
Ryder System, Inc. | 2,455 | 187,660 | ||||||
Saia, Inc.* | 1,268 | 262,261 | ||||||
Werner Enterprises, Inc. | 2,843 | 113,123 | ||||||
XPO Logistics, Inc.* | 4,751 | 249,047 | ||||||
1,745,670 | ||||||||
Semiconductors & Semiconductor Equipment - 2.9% | ||||||||
Amkor Technology, Inc. | 4,819 | 97,006 | ||||||
Cirrus Logic, Inc.* | 2,751 | 210,974 | ||||||
First Solar, Inc.* | 4,761 | 607,266 | ||||||
Lattice Semiconductor Corp.* | 6,608 | 356,171 | ||||||
MACOM Technology Solutions Holdings, Inc.* | 2,349 | 129,547 | ||||||
MKS Instruments, Inc. | 2,673 | 266,258 | ||||||
Power Integrations, Inc. | 2,801 | 200,356 | ||||||
Semtech Corp.* | 3,048 | 140,787 | ||||||
Silicon Laboratories, Inc.* | 1,754 | 219,829 | ||||||
SiTime Corp.* | 747 | 79,488 | ||||||
SunPower Corp.*(b) | 4,008 | 96,192 | ||||||
Synaptics, Inc.* | 1,903 | 220,006 | ||||||
Universal Display Corp. | 2,085 | 232,957 | ||||||
Wolfspeed, Inc.*(b) | 5,937 | 673,671 | ||||||
3,530,508 | ||||||||
Software - 2.4% | ||||||||
ACI Worldwide, Inc.* | 5,511 | 130,611 | ||||||
Aspen Technology, Inc.* | 1,344 | 283,046 | ||||||
Blackbaud, Inc.* | 2,186 | 114,328 | ||||||
CommVault Systems, Inc.* | 2,141 | 116,235 | ||||||
Envestnet, Inc.* | 2,651 | 138,833 | ||||||
Fair Isaac Corp.* | 1,244 | 559,054 | ||||||
Manhattan Associates, Inc.* | 3,031 | 428,159 | ||||||
NCR Corp.* | 6,558 | 203,626 | ||||||
Paylocity Holding Corp.* | 1,907 | 459,587 | ||||||
Qualys, Inc.* | 1,604 | 243,647 |
Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Teradata Corp.* | 5,028 | 165,421 | ||||||
2,842,547 | ||||||||
Specialty Retail - 2.5% | ||||||||
American Eagle Outfitters, Inc.(b) | 7,394 | 83,256 | ||||||
AutoNation, Inc.* | 1,709 | 212,941 | ||||||
Dick's Sporting Goods, Inc. | 2,787 | 296,453 | ||||||
Five Below, Inc.* | 2,666 | 340,928 | ||||||
Foot Locker, Inc. | 4,014 | 147,876 | ||||||
GameStop Corp., Class A*(b) | 11,875 | 340,100 | ||||||
Gap, Inc. (The) | 10,121 | 92,506 | ||||||
Lithia Motors, Inc., Class A | 1,390 | 368,962 | ||||||
Murphy USA, Inc. | 1,069 | 310,192 | ||||||
RH* | 845 | 216,244 | ||||||
Victoria's Secret & Co.* | 3,261 | 109,048 | ||||||
Williams-Sonoma, Inc. | 3,361 | 499,949 | ||||||
3,018,455 | ||||||||
Technology Hardware, Storage & Peripherals - 0.1% | ||||||||
Xerox Holdings Corp. | 5,725 | 95,149 | ||||||
Textiles, Apparel & Luxury Goods - 1.5% | ||||||||
Capri Holdings Ltd.* | 7,088 | 334,412 | ||||||
Carter's, Inc. | 1,935 | 142,900 | ||||||
Columbia Sportswear Co. | 1,601 | 114,055 | ||||||
Crocs, Inc.* | 2,957 | 217,931 | ||||||
Deckers Outdoor Corp.* | 1,308 | 420,614 | ||||||
Hanesbrands, Inc. | 16,747 | 145,866 | ||||||
Skechers USA, Inc., Class A* | 6,476 | 244,793 | ||||||
Under Armour, Inc., Class A* | 9,059 | 76,277 | ||||||
Under Armour, Inc., Class C* | 9,733 | 73,873 | ||||||
1,770,721 | ||||||||
Thrifts & Mortgage Finance - 0.5% | ||||||||
Essent Group Ltd. | 5,165 | 206,548 | ||||||
MGIC Investment Corp. | 14,867 | 212,449 | ||||||
New York Community Bancorp, Inc. | 22,425 | 219,541 | ||||||
638,538 | ||||||||
Trading Companies & Distributors - 0.8% | ||||||||
GATX Corp. | 1,710 | 165,203 | ||||||
MSC Industrial Direct Co., Inc., Class A | 2,266 | 179,490 | ||||||
Univar Solutions, Inc.* | 8,125 | 204,912 | ||||||
Watsco, Inc.(b) | 1,594 | 433,616 | ||||||
983,221 | ||||||||
Water Utilities - 0.4% | ||||||||
Essential Utilities, Inc. | 11,057 | 543,451 | ||||||
TOTAL COMMON STOCKS (Cost $97,597,955) | 99,349,877 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.3% | ||||||||
INVESTMENT COMPANIES - 0.3% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $347,341) | 347,341 | 347,341 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 25.2% | ||||||||
REPURCHASE AGREEMENTS(d) - 25.2% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $30,341,405 | ||||||||
(Cost $30,339,551) | 30,339,551 | 30,339,551 | ||||||
Total Investments - 108.2% (Cost $128,284,847) | 130,036,769 | |||||||
Liabilities in excess of other assets - (8.2%) | (9,844,389 | ) | ||||||
Net Assets - 100.0% | 120,192,380 |
Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $48,578,197. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $962,642, collateralized in the form of cash with a value of $347,341 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $654,478 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 3.75%, and maturity dates ranging from December 15, 2022 – February 15, 2049. The total value of collateral is $1,001,819. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $347,341. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Purchased
Ultra MidCap400 had the following open long futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||
S&P Midcap 400 E-Mini Index | 2 | 9/16/2022 | USD | $ | 486,060 | $ | 45,936 |
Swap Agreements
Ultra MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | ||||||||||
13,380,499 | 5/8/2023 | Bank of America NA | 2.73 | % | S&P MidCap 400® | (3,409,493 | ) | ||||||||
26,357,444 | 5/8/2023 | BNP Paribas SA | 2.78 | % | S&P MidCap 400® | (7,973,099 | ) | ||||||||
15,750,773 | 4/10/2023 | Citibank NA | 2.73 | % | S&P MidCap 400® | (3,378,138 | ) | ||||||||
15,249,977 | 3/7/2023 | Goldman Sachs International | 2.83 | % | S&P MidCap 400® | (2,941,590 | ) | ||||||||
22,407,546 | 3/7/2023 | Goldman Sachs International | 2.60 | % | SPDR® S&P MidCap 400® ETF Trust | (5,240,789 | ) | ||||||||
11,666,609 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.88 | % | S&P MidCap 400® | (192,276 | ) | ||||||||
21,762,760 | 3/7/2023 | Societe Generale | 2.60 | % | S&P MidCap 400® | (4,471,619 | ) | ||||||||
13,883,726 | 3/7/2023 | UBS AG | 2.68 | % | S&P MidCap 400® | (4,718,778 | ) | ||||||||
140,459,334 | (32,325,782 | ) | |||||||||||||
Total Unrealized Depreciation | (32,325,782 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Ultra MSCI Brazil Capped
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 51.7% | ||||||||
REPURCHASE AGREEMENTS(a) - 51.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,224,452 | ||||||||
(Cost $2,224,316) | 2,224,316 | 2,224,316 | ||||||
Total Investments - 51.7% (Cost $2,224,316) | 2,224,316 | |||||||
Other assets less liabilities - 48.3% | 2,079,154 | |||||||
Net Assets - 100.0% | 4,303,470 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
Ultra MSCI Brazil Capped had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Dateb | Counterparty | Rate Paid (Received)c | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
271,456 | 11/9/2022 | Bank of America NA | 2.63 | % | iShares® MSCI Brazil Capped ETF | (1,184,673 | ) | |||||||||
6,256,368 | 4/10/2023 | Citibank NA | 2.63 | % | iShares® MSCI Brazil Capped ETF | (747,533 | ) | |||||||||
610,602 | 4/10/2023 | Goldman Sachs International | 1.33 | % | iShares® MSCI Brazil Capped ETF | (1,434,474 | ) | |||||||||
91,314 | 4/10/2023 | Morgan Stanley & Co. International plc | 2.78 | % | iShares® MSCI Brazil Capped ETF | 9,716 | ||||||||||
32,283 | 4/10/2023 | Societe Generale | 2.33 | % | iShares® MSCI Brazil Capped ETF | (537,688 | ) | |||||||||
1,381,695 | 4/10/2023 | UBS AG | 2.33 | % | iShares® MSCI Brazil Capped ETF | (619,280 | ) | |||||||||
8,643,718 | (4,513,932 | ) | ||||||||||||||
Total Unrealized Appreciation | 9,716 | |||||||||||||||
Total Unrealized Depreciation | (4,523,648 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. | ||||||||||||
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | ||||||||||||
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | ||||||||||||
Ultra MSCI EAFE
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 65.1% | ||||||||
REPURCHASE AGREEMENTS(a) - 65.1% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,154,404 | ||||||||
(Cost $4,154,151) | 4,154,151 | 4,154,151 | ||||||
Total Investments - 65.1% (Cost $4,154,151) | 4,154,151 | |||||||
Other assets less liabilities - 34.9% | 2,224,396 | |||||||
Net Assets - 100.0% | 6,378,547 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
Ultra MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Dateb | Counterparty | Rate Paid (Received)c | Reference Instrument | Value and Unrealized Depreciation ($) | |||||||||||
7,178,784 | 11/9/2022 | Bank of America NA | 2.63 | % | iShares® MSCI EAFE ETF | (1,402,693 | ) | |||||||||
2,915,723 | 4/10/2023 | Citibank NA | 2.73 | % | iShares® MSCI EAFE ETF | (1,281,817 | ) | |||||||||
732,760 | 3/7/2023 | Goldman Sachs International | 2.93 | % | iShares® MSCI EAFE ETF | (426,716 | ) | |||||||||
2,356 | 11/9/2023 | Morgan Stanley & Co. International plc | 2.78 | % | iShares® MSCI EAFE ETF | (642 | ) | |||||||||
345,175 | 3/7/2023 | Societe Generale | 2.83 | % | iShares® MSCI EAFE ETF | (1,018,132 | ) | |||||||||
1,606,887 | 3/7/2023 | UBS AG | 2.53 | % | iShares® MSCI EAFE ETF | (938,392 | ) | |||||||||
12,781,685 | (5,068,392 | ) | ||||||||||||||
Total Unrealized Depreciation | (5,068,392 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. | ||||||||||||
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | ||||||||||||
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | ||||||||||||
Ultra MSCI Emerging Markets
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 65.6% | ||||||||
REPURCHASE AGREEMENTS(a) - 65.6% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $14,926,977 | ||||||||
(Cost $14,926,063) | 14,926,063 | 14,926,063 | ||||||
Total Investments - 65.6% (Cost $14,926,063) | 14,926,063 | |||||||
Other assets less liabilities - 34.4% | 7,818,038 | |||||||
Net Assets - 100.0% | 22,744,101 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
Ultra MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Dateb | Counterparty | Rate Paid (Received)c | Reference Instrument | Value and Unrealized Depreciation ($) | |||||||||||
14,017,299 | 5/8/2023 | Bank of America NA | 2.58 | % | iShares® MSCI Emerging Markets ETF | (5,764,822 | ) | |||||||||
3,145,254 | 4/10/2023 | Citibank NA | 2.48 | % | iShares® MSCI Emerging Markets ETF | (576,559 | ) | |||||||||
3,866,841 | 3/7/2023 | Goldman Sachs International | 2.63 | % | iShares® MSCI Emerging Markets ETF | (682,898 | ) | |||||||||
96,474 | 4/10/2023 | Morgan Stanley & Co. International plc | 2.78 | % | iShares® MSCI Emerging Markets ETF | (27,157 | ) | |||||||||
2,182,481 | 3/7/2023 | Societe Generale | 2.08 | % | iShares® MSCI Emerging Markets ETF | (1,978,029 | ) | |||||||||
22,202,834 | 11/9/2022 | UBS AG | 2.13 | % | iShares® MSCI Emerging Markets ETF | (14,712,952 | ) | |||||||||
45,511,183 | (23,742,417 | ) | ||||||||||||||
Total Unrealized Depreciation | (23,742,417 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. | ||||||||||||
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | ||||||||||||
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | ||||||||||||
Ultra MSCI Japan
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
EXCHANGE TRADED FUNDS - 53.3% | ||||||||
iShares MSCI Japan ETF | ||||||||
(Cost $3,349,572) | 49,500 | 2,652,705 | ||||||
Investments | Principal | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 20.2% | ||||||||
REPURCHASE AGREEMENTS(a) - 20.2% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $1,006,338 | ||||||||
(Cost $1,006,276) | 1,006,276 | 1,006,276 | ||||||
Total Investments - 73.5% (Cost $4,355,848) | 3,658,981 | |||||||
Other assets less liabilities - 26.5% | 1,319,159 | |||||||
Net Assets - 100.0% | 4,978,140 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
Ultra MSCI Japan had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Dateb | Counterparty | Rate Paid (Received)c | Reference Instrument | Value and Unrealized Depreciation ($) | |||||||||||
1,226,589 | 12/14/2023 | Bank of America NA | 2.68 | % | iShares® MSCI Japan ETF | (209,521 | ) | |||||||||
4,302,425 | 12/12/2022 | Citibank NA | 2.83 | % | iShares® MSCI Japan ETF | (1,542,255 | ) | |||||||||
88,597 | 12/14/2023 | Credit Suisse International | 3.03 | % | iShares® MSCI Japan ETF | (23,328 | ) | |||||||||
18,205 | 3/7/2023 | Goldman Sachs International | 2.83 | % | iShares® MSCI Japan ETF | (877,248 | ) | |||||||||
156,562 | 11/9/2023 | Morgan Stanley & Co. International plc | 2.78 | % | iShares® MSCI Japan ETF | (41,170 | ) | |||||||||
445,413 | 3/7/2023 | Societe Generale | 2.48 | % | iShares® MSCI Japan ETF | (212,081 | ) | |||||||||
1,077,818 | 12/14/2023 | UBS AG | 2.33 | % | iShares® MSCI Japan ETF | (109,369 | ) | |||||||||
7,315,609 | (3,014,972 | ) | ||||||||||||||
Total Unrealized Depreciation | (3,014,972 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. | ||||||||||||
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | ||||||||||||
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | ||||||||||||
Ultra Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 88.4% | ||||||||
Biotechnology - 70.5% | ||||||||
4D Molecular Therapeutics, Inc.* | 2,831 | 22,252 | ||||||
89bio, Inc.*(b) | 3,420 | 15,253 | ||||||
Abcam plc, ADR*(b) | 2,165 | 32,302 | ||||||
AC Immune SA*(b) | 7,321 | 22,109 | ||||||
ACADIA Pharmaceuticals, Inc.* | 14,145 | 232,402 | ||||||
Achilles Therapeutics plc, ADR* | 3,428 | 9,975 | ||||||
Acumen Pharmaceuticals, Inc.* | 3,549 | 20,194 | ||||||
Adaptimmune Therapeutics plc, ADR* | 12,065 | 23,889 | ||||||
Adicet Bio, Inc.* | 3,501 | 49,574 | ||||||
ADMA Biologics, Inc.* | 17,203 | 46,448 | ||||||
Adverum Biotechnologies, Inc.*(b) | 8,653 | 10,037 | ||||||
Aeglea BioTherapeutics, Inc.* | 5,360 | 2,803 | ||||||
Aerovate Therapeutics, Inc.*(b) | 2,138 | 42,397 | ||||||
Affimed NV* | 13,081 | 34,272 | ||||||
Agios Pharmaceuticals, Inc.* | 4,800 | 122,400 | ||||||
Akebia Therapeutics, Inc.*(b) | 16,084 | 5,859 | ||||||
Akero Therapeutics, Inc.* | 3,064 | 36,002 | ||||||
Akouos, Inc.*(b) | 3,033 | 10,161 | ||||||
Alaunos Therapeutics, Inc.*(b) | 18,920 | 46,543 | ||||||
Alector, Inc.* | 7,214 | 74,665 | ||||||
Aligos Therapeutics, Inc.* | 3,470 | 4,338 | ||||||
Alkermes plc* | 14,319 | 338,931 | ||||||
Allakos, Inc.*(b) | 4,800 | 23,280 | ||||||
Allogene Therapeutics, Inc.* | 12,570 | 172,335 | ||||||
Allovir, Inc.* | 8,131 | 61,064 | ||||||
Alnylam Pharmaceuticals, Inc.* | 10,586 | 2,187,809 | ||||||
Alpine Immune Sciences, Inc.* | 2,656 | 19,947 | ||||||
Altimmune, Inc.* | 4,294 | 94,812 | ||||||
ALX Oncology Holdings, Inc.* | 3,564 | 46,332 | ||||||
Amarin Corp. plc, ADR* | 34,623 | 40,855 | ||||||
Amgen, Inc. | 25,476 | 6,121,883 | ||||||
Amicus Therapeutics, Inc.* | 24,546 | 275,652 | ||||||
AnaptysBio, Inc.* | 2,470 | 57,353 | ||||||
Anavex Life Sciences Corp.* | 6,782 | 65,039 | ||||||
Annexon, Inc.*(b) | 4,169 | 24,514 | ||||||
Apellis Pharmaceuticals, Inc.* | 9,332 | 564,679 | ||||||
Applied Molecular Transport, Inc.* | 3,387 | 5,013 | ||||||
Applied Therapeutics, Inc.* | 4,052 | 5,551 | ||||||
Arbutus Biopharma Corp.* | 12,979 | 28,813 | ||||||
Arcturus Therapeutics Holdings, Inc.* | 2,315 | 32,503 | ||||||
Arcutis Biotherapeutics, Inc.*(b) | 5,269 | 142,000 | ||||||
Argenx SE, ADR* | 2,604 | 983,973 | ||||||
Arrowhead Pharmaceuticals, Inc.* | 9,268 | 368,032 | ||||||
Ascendis Pharma A/S, ADR* | 4,860 | 435,310 | ||||||
Atara Biotherapeutics, Inc.* | 8,185 | 32,822 | ||||||
Athenex, Inc.* | 9,798 | 4,698 | ||||||
Aurinia Pharmaceuticals, Inc.* | 12,408 | 91,323 | ||||||
Autolus Therapeutics plc, ADR* | 5,069 | 16,728 | ||||||
Avidity Biosciences, Inc.* | 4,360 | 85,543 | ||||||
Avrobio, Inc.* | 3,829 | 3,638 | ||||||
Beam Therapeutics, Inc.* | 6,156 | 336,118 | ||||||
BeiGene Ltd., ADR* | 4,310 | 739,855 | ||||||
BELLUS Health, Inc.* | 10,791 | 123,017 | ||||||
Bicycle Therapeutics plc, ADR*(b) | 2,232 | 59,036 | ||||||
BioAtla, Inc.*(b) | 3,148 | 27,419 | ||||||
BioCryst Pharmaceuticals, Inc.* | 16,262 | 226,042 | ||||||
Biogen, Inc.* | 12,830 | 2,506,725 | ||||||
BioMarin Pharmaceutical, Inc.* | 16,209 | 1,445,843 | ||||||
Biomea Fusion, Inc.* | 2,555 | 29,382 | ||||||
BioNTech SE, ADR | 7,720 | 1,116,621 | ||||||
Black Diamond Therapeutics, Inc.*(b) | 3,179 | 10,141 | ||||||
Bluebird Bio, Inc.* | 6,247 | 36,482 | ||||||
Blueprint Medicines Corp.* | 5,219 | 382,135 | ||||||
Bolt Biotherapeutics, Inc.*(b) | 3,284 | 5,911 | ||||||
Bridgebio Pharma, Inc.* | 12,940 | 135,870 | ||||||
Brooklyn ImmunoTherapeutics, Inc.*(b) | 5,035 | 2,072 | ||||||
C4 Therapeutics, Inc.* | 4,275 | 43,092 | ||||||
Cabaletta Bio, Inc.* | 2,539 | 2,424 | ||||||
Candel Therapeutics, Inc.* | 2,513 | 8,720 | ||||||
Caribou Biosciences, Inc.* | 5,319 | 52,499 | ||||||
Cellectis SA, ADR*(b) | 1,636 | 5,415 | ||||||
Centessa Pharmaceuticals plc, ADR*(b) | 4,223 | 18,370 | ||||||
Century Therapeutics, Inc.*(b) | 5,157 | 54,252 | ||||||
ChemoCentryx, Inc.* | 6,238 | 318,013 | ||||||
Chimerix, Inc.* | 7,662 | 16,856 | ||||||
Chinook Therapeutics, Inc.* | 5,398 | 112,278 | ||||||
Clovis Oncology, Inc.*(b) | 12,606 | 14,119 | ||||||
Codiak Biosciences, Inc.* | 1,970 | 4,236 | ||||||
Cogent Biosciences, Inc.* | 5,583 | 92,064 | ||||||
Coherus Biosciences, Inc.* | 6,783 | 75,834 | ||||||
Compass Pathways plc, ADR*(b) | 2,065 | 33,742 | ||||||
Connect Biopharma Holdings Ltd., ADR*(b) | 4,233 | 5,926 | ||||||
Corvus Pharmaceuticals, Inc.* | 4,080 | 3,911 | ||||||
Crinetics Pharmaceuticals, Inc.* | 4,686 | 88,472 | ||||||
CRISPR Therapeutics AG* | 6,786 | 441,701 | ||||||
Cullinan Oncology, Inc.* | 3,924 | 52,896 | ||||||
CureVac NV* | 16,387 | 161,248 | ||||||
Curis, Inc.*(b) | 8,028 | 7,787 | ||||||
Cyteir Therapeutics, Inc.*(b) | 3,101 | 6,698 | ||||||
Cytokinetics, Inc.* | 7,506 | 397,518 | ||||||
CytomX Therapeutics, Inc.* | 5,729 | 8,594 | ||||||
Day One Biopharmaceuticals, Inc.* | 6,301 | 148,010 | ||||||
Decibel Therapeutics, Inc.* | 2,188 | 10,809 | ||||||
Deciphera Pharmaceuticals, Inc.* | 5,801 | 94,150 | ||||||
Denali Therapeutics, Inc.* | 10,772 | 298,061 | ||||||
Design Therapeutics, Inc.* | 4,887 | 99,011 | ||||||
Dyne Therapeutics, Inc.* | 4,524 | 44,335 | ||||||
Eagle Pharmaceuticals, Inc.* | 1,109 | 36,342 | ||||||
Editas Medicine, Inc.* | 6,016 | 88,435 | ||||||
Eiger BioPharmaceuticals, Inc.* | 3,786 | 31,272 | ||||||
Enanta Pharmaceuticals, Inc.* | 1,815 | 110,497 | ||||||
Erasca, Inc.*(b) | 10,677 | 96,307 | ||||||
Evelo Biosciences, Inc.*(b) | 9,453 | 20,702 | ||||||
Exelixis, Inc.* | 28,102 | 498,529 | ||||||
Fate Therapeutics, Inc.* | 8,466 | 221,301 | ||||||
FibroGen, Inc.* | 8,175 | 101,697 | ||||||
Forma Therapeutics Holdings, Inc.* | 4,190 | 56,146 | ||||||
Frequency Therapeutics, Inc.* | 3,063 | 6,310 | ||||||
G1 Therapeutics, Inc.* | 3,742 | 54,296 | ||||||
Galapagos NV, ADR* | 1,207 | 60,422 | ||||||
Gamida Cell Ltd.* | 5,252 | 13,918 | ||||||
Generation Bio Co.* | 5,002 | 25,610 | ||||||
Genmab A/S, ADR*(b) | 3,699 | 131,278 | ||||||
Geron Corp.*(b) | 33,071 | 87,307 | ||||||
Gilead Sciences, Inc. | 100,861 | 6,401,648 | ||||||
Global Blood Therapeutics, Inc.*(b) | 5,704 | 387,302 | ||||||
Gossamer Bio, Inc.*(b) | 8,212 | 114,557 | ||||||
Gracell Biotechnologies, Inc., ADR*(b) | 5,664 | 14,217 |
Ultra Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Graphite Bio, Inc.* | 5,063 | 16,759 | ||||||
Grifols SA, ADR* | 10,126 | 78,679 | ||||||
Gritstone bio, Inc.* | 6,379 | 20,987 | ||||||
Halozyme Therapeutics, Inc.* | 12,084 | 492,181 | ||||||
Harpoon Therapeutics, Inc.* | 2,900 | 4,814 | ||||||
Homology Medicines, Inc.* | 5,027 | 11,763 | ||||||
Horizon Therapeutics plc* | 20,146 | 1,192,845 | ||||||
Humacyte, Inc.*(b) | 9,025 | 32,941 | ||||||
Icosavax, Inc.*(b) | 3,481 | 16,430 | ||||||
Ideaya Biosciences, Inc.* | 3,386 | 33,284 | ||||||
IGM Biosciences, Inc.*(b) | 2,400 | 46,584 | ||||||
I-Mab, ADR* | 4,522 | 27,720 | ||||||
Imago Biosciences, Inc.* | 2,957 | 42,965 | ||||||
Immuneering Corp., Class A*(b) | 2,313 | 12,907 | ||||||
Immunic, Inc.* | 2,675 | 11,904 | ||||||
ImmunityBio, Inc.*(b) | 34,867 | 139,468 | ||||||
ImmunoGen, Inc.* | 19,321 | 112,255 | ||||||
Immunovant, Inc.* | 10,196 | 52,509 | ||||||
Impel Pharmaceuticals, Inc.* | 2,030 | 15,875 | ||||||
Incyte Corp.* | 19,406 | 1,366,765 | ||||||
Infinity Pharmaceuticals, Inc.* | 7,810 | 12,574 | ||||||
Inhibrx, Inc.* | 3,421 | 60,689 | ||||||
Inovio Pharmaceuticals, Inc.* | 20,068 | 45,956 | ||||||
Insmed, Inc.* | 10,471 | 257,796 | ||||||
Instil Bio, Inc.* | 11,329 | 58,911 | ||||||
Intellia Therapeutics, Inc.* | 6,645 | 399,099 | ||||||
Intercept Pharmaceuticals, Inc.* | 2,606 | 45,266 | ||||||
Ionis Pharmaceuticals, Inc.* | 12,424 | 528,268 | ||||||
Iovance Biotherapeutics, Inc.* | 13,776 | 147,679 | ||||||
Ironwood Pharmaceuticals, Inc.* | 13,478 | 145,023 | ||||||
iTeos Therapeutics, Inc.* | 3,115 | 69,091 | ||||||
IVERIC bio, Inc.* | 10,199 | 100,358 | ||||||
Janux Therapeutics, Inc.*(b) | 3,648 | 39,471 | ||||||
Jounce Therapeutics, Inc.* | 4,526 | 16,565 | ||||||
KalVista Pharmaceuticals, Inc.* | 2,151 | 35,427 | ||||||
Kamada Ltd.*(b) | 3,925 | 19,586 | ||||||
Karuna Therapeutics, Inc.* | 2,618 | 667,747 | ||||||
Karyopharm Therapeutics, Inc.* | 6,957 | 35,202 | ||||||
Keros Therapeutics, Inc.* | 2,106 | 74,489 | ||||||
Kezar Life Sciences, Inc.* | 5,987 | 61,546 | ||||||
Kiniksa Pharmaceuticals Ltd., Class A* | 3,002 | 35,183 | ||||||
Kinnate Biopharma, Inc.*(b) | 3,854 | 55,806 | ||||||
Kodiak Sciences, Inc.* | 4,553 | 45,576 | ||||||
Kronos Bio, Inc.* | 4,971 | 19,884 | ||||||
Krystal Biotech, Inc.* | 2,246 | 157,467 | ||||||
Kura Oncology, Inc.* | 5,838 | 80,915 | ||||||
Kymera Therapeutics, Inc.* | 4,532 | 128,120 | ||||||
Larimar Therapeutics, Inc.* | 1,551 | 4,219 | ||||||
Leap Therapeutics, Inc.* | 8,671 | 12,313 | ||||||
Legend Biotech Corp., ADR* | 4,668 | 217,015 | ||||||
Lexicon Pharmaceuticals, Inc.* | 16,086 | 44,237 | ||||||
Ligand Pharmaceuticals, Inc.* | 1,477 | 136,460 | ||||||
Lyell Immunopharma, Inc.*(b) | 21,567 | 144,499 | ||||||
MacroGenics, Inc.* | 5,373 | 21,331 | ||||||
Madrigal Pharmaceuticals, Inc.* | 1,499 | 108,108 | ||||||
Magenta Therapeutics, Inc.* | 5,152 | 9,068 | ||||||
MannKind Corp.* | 22,128 | 80,767 | ||||||
MeiraGTx Holdings plc* | 3,917 | 32,511 | ||||||
Mereo Biopharma Group plc, ADR* | 10,206 | 12,247 | ||||||
Mersana Therapeutics, Inc.* | 8,499 | 63,743 | ||||||
Merus NV* | 3,815 | 90,339 | ||||||
Mirati Therapeutics, Inc.* | 4,866 | 394,292 | ||||||
Mirum Pharmaceuticals, Inc.* | 3,220 | 80,436 | ||||||
Moderna, Inc.* | 34,692 | 4,588,711 | ||||||
Molecular Templates, Inc.* | 4,936 | 3,622 | ||||||
Monte Rosa Therapeutics, Inc.*(b) | 4,089 | 32,385 | ||||||
Morphic Holding, Inc.* | 3,354 | 92,302 | ||||||
Mustang Bio, Inc.* | 8,954 | 5,440 | ||||||
Myriad Genetics, Inc.* | 7,039 | 157,251 | ||||||
Neoleukin Therapeutics, Inc.* | 3,724 | 3,836 | ||||||
Neurocrine Biosciences, Inc.* | 8,369 | 875,648 | ||||||
NextCure, Inc.* | 2,430 | 9,963 | ||||||
Nkarta, Inc.*(b) | 4,241 | 61,028 | ||||||
Novavax, Inc.*(b) | 6,845 | 226,159 | ||||||
Nurix Therapeutics, Inc.* | 3,939 | 61,960 | ||||||
Nuvalent, Inc., Class A*(b) | 3,757 | 63,418 | ||||||
ObsEva SA* | 7,332 | 1,317 | ||||||
Olema Pharmaceuticals, Inc.* | 3,535 | 13,963 | ||||||
Omega Therapeutics, Inc.*(b) | 4,192 | 18,738 | ||||||
Oncocyte Corp.* | 10,384 | 8,203 | ||||||
Oncorus, Inc.*(b) | 2,267 | 2,947 | ||||||
ORIC Pharmaceuticals, Inc.* | 3,457 | 11,961 | ||||||
Ovid therapeutics, Inc.*(b) | 6,169 | 12,400 | ||||||
Oyster Point Pharma, Inc.*(b) | 2,335 | 14,594 | ||||||
Passage Bio, Inc.* | 4,759 | 9,613 | ||||||
PMV Pharmaceuticals, Inc.* | 3,994 | 55,596 | ||||||
Poseida Therapeutics, Inc.* | 7,511 | 24,861 | ||||||
Praxis Precision Medicines, Inc.* | 3,981 | 12,421 | ||||||
Precigen, Inc.* | 18,198 | 40,218 | ||||||
Precision BioSciences, Inc.* | 8,531 | 13,735 | ||||||
Prelude Therapeutics, Inc.* | 4,179 | 30,089 | ||||||
Prometheus Biosciences, Inc.* | 3,435 | 179,685 | ||||||
ProQR Therapeutics NV* | 6,252 | 4,938 | ||||||
Protagonist Therapeutics, Inc.* | 4,264 | 37,182 | ||||||
Prothena Corp. plc* | 4,102 | 113,092 | ||||||
PTC Therapeutics, Inc.* | 6,250 | 312,125 | ||||||
Puma Biotechnology, Inc.* | 3,939 | 10,557 | ||||||
Quince Therapeutics, Inc.*(b) | 3,126 | 5,502 | ||||||
Rallybio Corp.*(b) | 2,814 | 31,095 | ||||||
RAPT Therapeutics, Inc.* | 2,598 | 69,393 | ||||||
Recursion Pharmaceuticals, Inc., Class A* | 14,336 | 150,671 | ||||||
Regeneron Pharmaceuticals, Inc.* | 9,423 | 5,475,328 | ||||||
REGENXBIO, Inc.* | 3,778 | 111,451 | ||||||
Relay Therapeutics, Inc.* | 9,519 | 218,651 | ||||||
Repare Therapeutics, Inc.* | 3,671 | 43,758 | ||||||
Replimune Group, Inc.* | 4,298 | 81,920 | ||||||
REVOLUTION Medicines, Inc.* | 7,505 | 156,329 | ||||||
Rhythm Pharmaceuticals, Inc.*(b) | 4,417 | 99,824 | ||||||
Rigel Pharmaceuticals, Inc.* | 15,076 | 21,408 | ||||||
Rocket Pharmaceuticals, Inc.* | 5,768 | 88,885 | ||||||
Rubius Therapeutics, Inc.*(b) | 7,903 | 5,532 | ||||||
SAB Biotherapeutics, Inc.*(b) | 3,767 | 2,637 | ||||||
Sage Therapeutics, Inc.* | 5,175 | 194,891 | ||||||
Sana Biotechnology, Inc.*(b) | 16,617 | 113,162 | ||||||
Sangamo Therapeutics, Inc.* | 12,854 | 69,412 | ||||||
Sarepta Therapeutics, Inc.* | 7,667 | 838,616 | ||||||
Scholar Rock Holding Corp.*(b) | 4,521 | 37,705 | ||||||
Seagen, Inc.* | 16,128 | 2,488,389 | ||||||
Selecta Biosciences, Inc.* | 13,302 | 25,008 | ||||||
Sensei Biotherapeutics, Inc.* | 2,683 | 5,125 | ||||||
Sera Prognostics, Inc., Class A*(b) | 2,586 | 5,431 | ||||||
Seres Therapeutics, Inc.* | 10,865 | 55,846 | ||||||
Sesen Bio, Inc.*(b) | 17,476 | 12,058 | ||||||
Shattuck Labs, Inc.* | 3,711 | 12,061 | ||||||
Silverback Therapeutics, Inc.*(b) | 3,079 | 16,750 | ||||||
Solid Biosciences, Inc.* | 9,885 | 6,326 | ||||||
Spectrum Pharmaceuticals, Inc.* | 15,777 | 17,828 |
Ultra Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Spero Therapeutics, Inc.*(b) | 2,874 | 2,319 | ||||||
SpringWorks Therapeutics, Inc.* | 4,329 | 120,216 | ||||||
Stoke Therapeutics, Inc.* | 3,435 | 51,731 | ||||||
Summit Therapeutics, Inc.*(b) | 8,598 | 10,318 | ||||||
Surface Oncology, Inc.* | 4,784 | 6,506 | ||||||
Sutro Biopharma, Inc.* | 4,085 | 23,121 | ||||||
Syndax Pharmaceuticals, Inc.* | 4,927 | 116,326 | ||||||
Syros Pharmaceuticals, Inc.* | 5,503 | 4,406 | ||||||
Talaris Therapeutics, Inc.* | 3,634 | 12,029 | ||||||
Taysha Gene Therapies, Inc.* | 3,551 | 11,221 | ||||||
TCR2 Therapeutics, Inc.* | 3,378 | 9,188 | ||||||
Tenaya Therapeutics, Inc.* | 3,618 | 15,883 | ||||||
Tonix Pharmaceuticals Holding Corp.*(b) | 2,718 | 2,772 | ||||||
Travere Therapeutics, Inc.* | 5,565 | 148,919 | ||||||
Twist Bioscience Corp.* | 4,930 | 197,792 | ||||||
Ultragenyx Pharmaceutical, Inc.* | 6,128 | 292,244 | ||||||
uniQure NV* | 4,087 | 79,860 | ||||||
United Therapeutics Corp.* | 3,967 | 899,002 | ||||||
UroGen Pharma Ltd.* | 1,989 | 14,818 | ||||||
Vanda Pharmaceuticals, Inc.* | 4,949 | 52,360 | ||||||
Vaxcyte, Inc.* | 5,108 | 133,625 | ||||||
Veracyte, Inc.* | 6,261 | 127,724 | ||||||
Verastem, Inc.* | 16,328 | 18,940 | ||||||
Vertex Pharmaceuticals, Inc.* | 22,311 | 6,286,347 | ||||||
Verve Therapeutics, Inc.*(b) | 5,244 | 201,160 | ||||||
Vir Biotechnology, Inc.* | 11,597 | 275,429 | ||||||
Viracta Therapeutics, Inc.*(b) | 3,286 | 13,308 | ||||||
Vor BioPharma, Inc.* | 3,293 | 16,893 | ||||||
Werewolf Therapeutics, Inc.* | 2,422 | 12,255 | ||||||
Xencor, Inc.* | 5,217 | 137,677 | ||||||
Xenon Pharmaceuticals, Inc.* | 5,450 | 211,515 | ||||||
Y-mAbs Therapeutics, Inc.* | 3,831 | 61,602 | ||||||
Zai Lab Ltd., ADR* | 5,989 | 276,752 | ||||||
Zentalis Pharmaceuticals, Inc.* | 4,991 | 133,809 | ||||||
67,730,041 | ||||||||
Health Care Equipment & Supplies - 0.8% | ||||||||
Bioventus, Inc., Class A*(b) | 5,376 | 39,299 | ||||||
Novocure Ltd.*(b) | 9,163 | 752,557 | ||||||
791,856 | ||||||||
Health Care Providers & Services - 0.7% | ||||||||
23andMe Holding Co.*(b) | 22,464 | 75,704 | ||||||
Castle Biosciences, Inc.* | 2,301 | 66,729 | ||||||
Guardant Health, Inc.* | 8,932 | 447,136 | ||||||
PetIQ, Inc.* | 2,565 | 23,957 | ||||||
613,526 | ||||||||
Life Sciences Tools & Services - 5.0% | ||||||||
AbCellera Biologics, Inc.* | 24,930 | 266,252 | ||||||
Absci Corp.*(b) | 8,134 | 27,412 | ||||||
Adaptive Biotechnologies Corp.* | 12,462 | 111,161 | ||||||
Alpha Teknova, Inc.* | 2,456 | 11,076 | ||||||
Codex DNA, Inc.* | 2,577 | 4,948 | ||||||
Codexis, Inc.* | 5,723 | 40,118 | ||||||
Compugen Ltd.*(b) | 7,575 | 8,863 | ||||||
Harvard Bioscience, Inc.* | 3,614 | 11,926 | ||||||
Illumina, Inc.* | 13,648 | 2,751,983 | ||||||
Maravai LifeSciences Holdings, Inc., Class A* | 11,525 | 240,527 | ||||||
MaxCyte, Inc.* | 8,897 | 46,264 | ||||||
Medpace Holdings, Inc.* | 2,947 | 435,007 | ||||||
NanoString Technologies, Inc.* | 4,067 | 55,148 | ||||||
Nautilus Biotechnology, Inc.*(b) | 10,905 | 24,100 | ||||||
Pacific Biosciences of California, Inc.*(b) | 19,660 | 115,208 | ||||||
Personalis, Inc.* | 3,981 | 13,177 | ||||||
Quantum-Si, Inc.*(b) | 10,427 | 32,532 | ||||||
Rapid Micro Biosystems, Inc., Class A* | 3,188 | 10,616 | ||||||
Seer, Inc.* | 5,116 | 51,672 | ||||||
Singular Genomics Systems, Inc.* | 6,184 | 16,511 | ||||||
Syneos Health, Inc.* | 8,988 | 540,269 | ||||||
4,814,770 | ||||||||
Pharmaceuticals - 11.4% | ||||||||
Aclaris Therapeutics, Inc.* | 5,834 | 92,819 | ||||||
Aerie Pharmaceuticals, Inc.* | 4,261 | 64,341 | ||||||
Amphastar Pharmaceuticals, Inc.* | 4,279 | 126,658 | ||||||
Aquestive Therapeutics, Inc.* | 4,674 | 6,754 | ||||||
Arvinas, Inc.* | 4,656 | 197,135 | ||||||
AstraZeneca plc, ADR | 49,187 | 3,068,285 | ||||||
ATAI Life Sciences NV*(b) | 14,083 | 63,374 | ||||||
Atea Pharmaceuticals, Inc.* | 7,295 | 54,713 | ||||||
Athira Pharma, Inc.* | 3,296 | 11,141 | ||||||
Avadel Pharmaceuticals plc, ADR*(b) | 5,166 | 34,302 | ||||||
Axsome Therapeutics, Inc.*(b) | 3,410 | 217,558 | ||||||
Cara Therapeutics, Inc.* | 4,695 | 48,452 | ||||||
Clearside Biomedical, Inc.* | 5,268 | 7,217 | ||||||
Collegium Pharmaceutical, Inc.* | 2,975 | 52,301 | ||||||
Cymabay Therapeutics, Inc.* | 7,418 | 26,260 | ||||||
Edgewise Therapeutics, Inc.*(b) | 4,343 | 43,778 | ||||||
Esperion Therapeutics, Inc.* | 5,520 | 41,179 | ||||||
Evolus, Inc.* | 4,911 | 47,195 | ||||||
EyePoint Pharmaceuticals, Inc.*(b) | 2,983 | 29,830 | ||||||
Fulcrum Therapeutics, Inc.*(b) | 4,559 | 33,737 | ||||||
Harmony Biosciences Holdings, Inc.* | 5,173 | 227,146 | ||||||
Harrow Health, Inc.* | 2,368 | 21,288 | ||||||
HUTCHMED China Ltd., ADR* | 4,705 | 60,506 | ||||||
Ikena Oncology, Inc.* | 3,167 | 15,043 | ||||||
Innoviva, Inc.*(b) | 6,108 | 80,381 | ||||||
Intra-Cellular Therapies, Inc.* | 8,263 | 415,298 | ||||||
Jazz Pharmaceuticals plc* | 5,460 | 847,501 | ||||||
KemPharm, Inc.*(b) | 3,016 | 16,467 | ||||||
Landos Biopharma, Inc.*(b) | 3,526 | 3,173 | ||||||
Marinus Pharmaceuticals, Inc.*(b) | 3,255 | 22,655 | ||||||
Nektar Therapeutics* | 16,321 | 64,305 | ||||||
NGM Biopharmaceuticals, Inc.* | 6,944 | 97,980 | ||||||
NRX Pharmaceuticals, Inc.*(b) | 5,839 | 3,795 | ||||||
Ocular Therapeutix, Inc.* | 6,726 | 34,168 | ||||||
Omeros Corp.*(b) | 5,494 | 22,141 | ||||||
Optinose, Inc.*(b) | 7,245 | 26,444 | ||||||
Pacira BioSciences, Inc.* | 3,981 | 208,923 | ||||||
Paratek Pharmaceuticals, Inc.* | 4,773 | 11,980 | ||||||
Phathom Pharmaceuticals, Inc.*(b) | 3,422 | 29,224 | ||||||
Phibro Animal Health Corp., Class A | 1,781 | 26,377 | ||||||
Pliant Therapeutics, Inc.* | 4,111 | 79,260 | ||||||
Provention Bio, Inc.*(b) | 7,142 | 30,854 | ||||||
Rain Therapeutics, Inc.*(b) | 1,646 | 9,761 | ||||||
Rani Therapeutics Holdings, Inc., Class A*(b) | 2,147 | 19,108 | ||||||
Reata Pharmaceuticals, Inc., Class A* | 2,763 | 66,063 | ||||||
Redhill Biopharma Ltd., ADR* | 4,618 | 4,153 | ||||||
Relmada Therapeutics, Inc.* | 2,628 | 76,580 | ||||||
Revance Therapeutics, Inc.* | 6,376 | 126,882 | ||||||
Royalty Pharma plc, Class A | 38,142 | 1,594,717 | ||||||
Sanofi, ADR | 24,944 | 1,023,452 | ||||||
SIGA Technologies, Inc.(b) | 6,343 | 95,652 | ||||||
Supernus Pharmaceuticals, Inc.* | 4,681 | 160,231 |
Ultra Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Terns Pharmaceuticals, Inc.* | 2,216 | 8,642 | ||||||
Theravance Biopharma, Inc.* | 6,668 | 60,079 | ||||||
Tricida, Inc.*(b) | 4,857 | 60,810 | ||||||
Verrica Pharmaceuticals, Inc.*(b) | 3,460 | 13,563 | ||||||
Viatris, Inc. | 106,113 | 1,013,379 | ||||||
WaVe Life Sciences Ltd.* | 7,599 | 22,569 | ||||||
Xeris Biopharma Holdings, Inc.*(b) | 11,874 | 19,830 | ||||||
10,987,409 | ||||||||
TOTAL COMMON STOCKS (Cost $116,277,752) | 84,937,602 |
Investments | Number of Rights | Value ($) | ||||||
RIGHTS - 0.0%(c) | ||||||||
Biotechnology - 0.0%(c) | ||||||||
Achillion Pharmaceuticals, Inc., CVR*(d)(e) (Cost $11,641) | 25,307 | 11,641 |
Investments | Shares | Value ($) | ||||||
SECURITIES LENDING REINVESTMENTS(f) - 1.9% | ||||||||
INVESTMENT COMPANIES - 1.9% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $1,839,032) | 1,839,032 | 1,839,032 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 7.7% | ||||||||
REPURCHASE AGREEMENTS(g) - 7.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $7,357,188 | ||||||||
(Cost $7,356,739) | 7,356,739 | 7,356,739 | ||||||
Total Investments - 98.0% (Cost $125,485,164) | 94,145,014 | |||||||
Other assets less liabilities - 2.0% | 1,920,054 | |||||||
Net Assets - 100.0% | 96,065,068 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $30,606,754. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $2,994,211, collateralized in the form of cash with a value of $1,839,032 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $1,209,769 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $3,048,801. |
(c) | Represents less than 0.05% of net assets. |
(d) | Security fair valued as of August 31, 2022 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2022 amounted to $11,641, which represents approximately 0.01% of net assets of the Fund. |
(e) | Illiquid security. |
(f) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $1,839,032. |
(g) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Abbreviations | |
ADR | American Depositary Receipt |
CVR | Contingent Value Rights - No defined expiration |
Ultra Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Swap Agreements
Ultra Nasdaq Biotechnology had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
21,042,295 | 5/8/2023 | Bank of America NA | 2.48 | % | NASDAQ Biotechnology Index® | (12,554,068 | ) | |||||||||
12,674,034 | 11/6/2023 | BNP Paribas SA | 2.63 | % | NASDAQ Biotechnology Index® | 1,278,469 | ||||||||||
17,447,070 | 4/10/2023 | Citibank NA | 2.48 | % | NASDAQ Biotechnology Index® | (10,762,887 | ) | |||||||||
19,644,366 | 3/7/2023 | Goldman Sachs International | 2.93 | % | NASDAQ Biotechnology Index® | (9,449,861 | ) | |||||||||
3,884,850 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.78 | % | NASDAQ Biotechnology Index® | (1,345,677 | ) | |||||||||
19,825,865 | 3/7/2023 | Societe Generale | 2.68 | % | NASDAQ Biotechnology Index® | (8,153,292 | ) | |||||||||
13,176,052 | 3/7/2023 | UBS AG | 2.33 | % | NASDAQ Biotechnology Index® | (9,012,828 | ) | |||||||||
107,694,532 | (50,000,144 | ) | ||||||||||||||
Total Unrealized Appreciation | 1,278,469 | |||||||||||||||
Total Unrealized Depreciation | (51,278,613 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | ||||||||||||
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | ||||||||||||
Ultra Nasdaq Cloud Computing
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 89.3% | ||||||||
Communications Equipment - 5.6% | ||||||||
Arista Networks, Inc.* | 492 | 58,981 | ||||||
Cisco Systems, Inc. | 745 | 33,316 | ||||||
92,297 | ||||||||
Diversified Telecommunication Services - 2.1% | ||||||||
Lumen Technologies, Inc. | 3,426 | 34,123 | ||||||
Health Care Technology - 0.6% | ||||||||
Veeva Systems, Inc., Class A* | 49 | 9,767 | ||||||
Interactive Media & Services - 2.9% | ||||||||
Alphabet, Inc., Class A* | 440 | 47,617 | ||||||
Internet & Direct Marketing Retail - 6.3% | ||||||||
Alibaba Group Holding Ltd., ADR* | 524 | 49,995 | ||||||
Amazon.com, Inc.* | 419 | 53,116 | ||||||
103,111 | ||||||||
IT Services - 20.4% | ||||||||
Akamai Technologies, Inc.* | 332 | 29,973 | ||||||
Cloudflare, Inc., Class A* | 598 | 37,417 | ||||||
DigitalOcean Holdings, Inc.* | 1,030 | 43,353 | ||||||
Fastly, Inc., Class A* | 1,926 | 18,008 | ||||||
International Business Machines Corp. | 362 | 46,499 | ||||||
MongoDB, Inc.* | 177 | 57,146 | ||||||
Rackspace Technology, Inc.* | 5,452 | 24,316 | ||||||
Shopify, Inc., Class A* | 670 | 21,205 | ||||||
Snowflake, Inc., Class A* | 66 | 11,943 | ||||||
Toast, Inc., Class A* | 516 | 9,768 | ||||||
Twilio, Inc., Class A* | 239 | 16,629 | ||||||
Wix.com Ltd.* | 266 | 16,835 | ||||||
333,092 | ||||||||
Software - 44.7% | ||||||||
Adobe, Inc.* | 60 | 22,406 | ||||||
Appfolio, Inc., Class A* | 84 | 8,516 | ||||||
Appian Corp.* | 351 | 16,462 | ||||||
AppLovin Corp., Class A*(b) | 660 | 16,256 | ||||||
Asana, Inc., Class A* | 385 | 7,373 | ||||||
Atlassian Corp. plc, Class A* | 142 | 35,168 | ||||||
Avalara, Inc.* | 99 | 9,067 | ||||||
Blackbaud, Inc.* | 132 | 6,903 | ||||||
Blackline, Inc.* | 115 | 7,813 | ||||||
Box, Inc., Class A* | 321 | 8,266 | ||||||
Confluent, Inc., Class A* | 1,191 | 32,586 | ||||||
Couchbase, Inc.* | 592 | 9,821 | ||||||
Coupa Software, Inc.* | 122 | 7,125 | ||||||
Crowdstrike Holdings, Inc., Class A* | 52 | 9,496 | ||||||
Datadog, Inc., Class A* | 88 | 9,236 | ||||||
DocuSign, Inc.* | 100 | 5,822 | ||||||
Domo, Inc., Class B* | 526 | 10,131 | ||||||
Dropbox, Inc., Class A* | 402 | 8,599 | ||||||
Elastic NV* | 136 | 11,412 | ||||||
Everbridge, Inc.* | 203 | 8,075 | ||||||
HashiCorp, Inc., Class A*(b) | 719 | 25,417 | ||||||
HubSpot, Inc.* | 75 | 25,278 | ||||||
Intuit, Inc. | 20 | 8,635 | ||||||
Microsoft Corp. | 185 | 48,372 | ||||||
MicroStrategy, Inc., Class A* | 95 | 21,998 | ||||||
Open Text Corp. | 205 | 6,453 | ||||||
Oracle Corp. | 700 | 51,905 | ||||||
Palo Alto Networks, Inc.* | 17 | 9,466 | ||||||
Paycom Software, Inc.* | 29 | 10,185 | ||||||
Paylocity Holding Corp.* | 48 | 11,568 | ||||||
Q2 Holdings, Inc.* | 159 | 6,315 | ||||||
Qualtrics International, Inc., Class A* | 591 | 7,240 | ||||||
Qualys, Inc.* | 64 | 9,722 | ||||||
RingCentral, Inc., Class A* | 399 | 17,173 | ||||||
Salesforce, Inc.* | 157 | 24,511 | ||||||
SAP SE, ADR | 168 | 14,317 | ||||||
ServiceNow, Inc.* | 54 | 23,469 | ||||||
Smartsheet, Inc., Class A* | 235 | 7,818 | ||||||
Splunk, Inc.* | 245 | 22,057 | ||||||
Sprout Social, Inc., Class A* | 165 | 9,907 | ||||||
Trade Desk, Inc. (The), Class A* | 161 | 10,095 | ||||||
VMware, Inc., Class A | 393 | 45,600 | ||||||
Workday, Inc., Class A* | 54 | 8,886 | ||||||
Workiva, Inc.* | 345 | 23,422 | ||||||
Zendesk, Inc.* | 92 | 7,063 | ||||||
Zoom Video Communications, Inc., Class A* | 78 | 6,271 | ||||||
Zscaler, Inc.* | 55 | 8,758 | ||||||
Zuora, Inc., Class A* | 826 | 6,344 | ||||||
728,778 | ||||||||
Technology Hardware, Storage & Peripherals - 6.7% | ||||||||
Hewlett Packard Enterprise Co. | 1,613 | 21,937 | ||||||
NetApp, Inc. | 350 | 25,246 | ||||||
Pure Storage, Inc., Class A* | 2,121 | 61,445 | ||||||
108,628 | ||||||||
TOTAL COMMON STOCKS (Cost $1,879,903) | 1,457,413 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 2.4% | ||||||||
INVESTMENT COMPANIES - 2.4% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $38,757) | 38,757 | 38,757 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 19.5% | ||||||||
REPURCHASE AGREEMENTS(d) - 19.5% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $318,333 | ||||||||
(Cost $318,314) | 318,314 | 318,314 | ||||||
Total Investments - 111.2% (Cost $2,236,974) | 1,814,484 | |||||||
Liabilities in excess of other assets - (11.2%) | (182,619 | ) | ||||||
Net Assets - 100.0% | 1,631,865 |
Ultra Nasdaq Cloud Computing
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $287,972. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $37,502, collateralized in the form of cash with a value of $38,757 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $38,757. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Ultra Nasdaq Cloud Computing had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | |||||||||||
743,987 | 11/7/2022 | Bank of America NA | 2.43 | % | ISE Cloud Computing Index | (188,005 | ) | |||||||||
660,478 | 11/6/2023 | BNP Paribas SA | 2.78 | % | ISE Cloud Computing Index | (328,445 | ) | |||||||||
233,065 | 3/7/2023 | Goldman Sachs International | 2.93 | % | ISE Cloud Computing Index | (343,752 | ) | |||||||||
170,813 | 11/7/2022 | UBS AG | 2.88 | % | ISE Cloud Computing Index | (475,927 | ) | |||||||||
1,808,343 | (1,336,129 | ) | ||||||||||||||
Total Unrealized Depreciation | (1,336,129 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra Nasdaq Cybersecurity
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
EXCHANGE TRADED FUNDS - 9.4% | ||||||||
First Trust NASDAQ Cybersecurity ETF | ||||||||
(Cost $244,592) | 4,974 | 213,136 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 33.1% | ||||||||
REPURCHASE AGREEMENTS(a) - 33.1% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $756,059 | ||||||||
(Cost $756,013) | 756,013 | 756,013 | ||||||
Total Investments - 42.5% (Cost $1,000,605) | 969,149 | |||||||
Other assets less liabilities - 57.5% | 1,312,735 | |||||||
Net Assets - 100.0% | 2,281,884 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Ultra Nasdaq Cybersecurity had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | |||||||||||
1,790,392 | 11/7/2022 | Bank of America NA | 2.58 | % | First Trust Nasdaq Cybersecurity ETF | (164,365 | ) | |||||||||
1,128,374 | 11/6/2023 | BNP Paribas SA | 2.83 | % | First Trust Nasdaq Cybersecurity ETF | (402,910 | ) | |||||||||
1,325,935 | 3/7/2023 | Goldman Sachs International | 2.93 | % | First Trust Nasdaq Cybersecurity ETF | (639,948 | ) | |||||||||
107,328 | 11/7/2022 | UBS AG | 2.83 | % | First Trust Nasdaq Cybersecurity ETF | (330,986 | ) | |||||||||
4,352,029 | (1,538,209 | ) | ||||||||||||||
Total Unrealized Depreciation | (1,538,209 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra Oil & Gas
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 62.8% | ||||||||
Electric Utilities - 0.3% | ||||||||
OGE Energy Corp. | 11,610 | 470,669 | ||||||
Electrical Equipment - 0.5% | ||||||||
Plug Power, Inc.* | 30,168 | 845,911 | ||||||
Energy Equipment & Services - 4.2% | ||||||||
Baker Hughes Co. | 54,170 | 1,368,334 | ||||||
Halliburton Co. | 52,274 | 1,575,016 | ||||||
NOV, Inc. | 22,770 | 402,346 | ||||||
Schlumberger NV | 81,862 | 3,123,035 | ||||||
TechnipFMC plc* | 24,641 | 201,563 | ||||||
6,670,294 | ||||||||
Oil, Gas & Consumable Fuels - 57.3% | ||||||||
APA Corp. | 19,594 | 766,321 | ||||||
Cheniere Energy, Inc. | 13,702 | 2,194,786 | ||||||
Chevron Corp. | 113,810 | 17,988,809 | ||||||
ConocoPhillips | 74,985 | 8,207,108 | ||||||
Continental Resources, Inc. | 3,369 | 235,257 | ||||||
Coterra Energy, Inc.(b) | 46,713 | 1,443,899 | ||||||
Devon Energy Corp. | 35,557 | 2,511,035 | ||||||
Diamondback Energy, Inc. | 9,902 | 1,319,739 | ||||||
DT Midstream, Inc. | 5,612 | 309,839 | ||||||
EOG Resources, Inc. | 33,961 | 4,119,469 | ||||||
EQT Corp. | 17,131 | 818,862 | ||||||
Equitrans Midstream Corp. | 23,585 | 218,633 | ||||||
Exxon Mobil Corp. | 244,217 | 23,344,703 | ||||||
Hess Corp. | 16,057 | 1,939,364 | ||||||
HF Sinclair Corp. | 8,675 | 456,565 | ||||||
Kinder Morgan, Inc. | 113,053 | 2,071,131 | ||||||
Marathon Oil Corp. | 41,020 | 1,049,702 | ||||||
Marathon Petroleum Corp. | 31,363 | 3,159,822 | ||||||
New Fortress Energy, Inc. | 2,402 | 137,755 | ||||||
Occidental Petroleum Corp. | 51,593 | 3,663,103 | ||||||
ONEOK, Inc. | 25,895 | 1,585,551 | ||||||
Ovintiv, Inc. | 14,998 | 796,994 | ||||||
Phillips 66 | 27,889 | 2,494,950 | ||||||
Pioneer Natural Resources Co. | 13,044 | 3,303,002 | ||||||
Targa Resources Corp. | 13,221 | 902,069 | ||||||
Texas Pacific Land Corp. | 361 | 664,406 | ||||||
Valero Energy Corp. | 23,646 | 2,769,420 | ||||||
Williams Cos., Inc. (The) | 70,617 | 2,403,096 | ||||||
90,875,390 | ||||||||
Semiconductors & Semiconductor Equipment - 0.5% | ||||||||
First Solar, Inc.* | 5,742 | 732,392 | ||||||
TOTAL COMMON STOCKS (Cost $81,816,714) | 99,594,656 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 4.0% | ||||||||
REPURCHASE AGREEMENTS(c) - 4.0% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $6,292,777 | ||||||||
(Cost $6,292,393) | 6,292,393 | 6,292,393 | ||||||
Total Investments - 66.8% (Cost $88,109,107) | 105,887,049 | |||||||
Other assets less liabilities - 33.2% | 52,561,520 | |||||||
Net Assets - 100.0% | 158,448,569 |
Ultra Oil & Gas
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $31,507,943. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $642,526, collateralized in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from January 15, 2023 – May 15, 2051. The total value of collateral is $648,610. |
(c) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Ultra Oil & Gas had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
20,860,315 | 5/8/2023 | Bank of America NA | 2.63 | % | Dow Jones U.S. Oil & GasSM Index | 10,270,844 | ||||||||||
20,996,363 | 11/6/2023 | BNP Paribas SA | 2.83 | % | Dow Jones U.S. Oil & GasSM Index | (1,703,065 | ) | |||||||||
14,819,021 | 11/6/2023 | Citibank NA | 2.63 | % | Dow Jones U.S. Oil & GasSM Index | 15,728,487 | ||||||||||
21,698,823 | 3/7/2023 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. Oil & GasSM Index | 2,429,541 | ||||||||||
9,389,937 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. Oil & GasSM Index | 6,854,951 | ||||||||||
30,135,084 | 3/7/2023 | Societe Generale | 2.88 | % | Dow Jones U.S. Oil & GasSM Index | 6,766,009 | ||||||||||
100,198,615 | 3/6/2024 | UBS AG | 2.33 | % | Dow Jones U.S. Oil & GasSM Index | 11,505,807 | ||||||||||
218,098,158 | 51,852,574 | |||||||||||||||
Total Unrealized Appreciation | 53,555,639 | |||||||||||||||
Total Unrealized Depreciation | (1,703,065 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 86.2% | ||||||||
Automobiles - 4.1% | ||||||||
Lucid Group, Inc.*(b) | 418,050 | 6,412,887 | ||||||
Tesla, Inc.* | 469,820 | 129,487,090 | ||||||
135,899,977 | ||||||||
Beverages - 2.6% | ||||||||
Keurig Dr Pepper, Inc. | 355,582 | 13,554,786 | ||||||
Monster Beverage Corp.* | 132,774 | 11,794,314 | ||||||
PepsiCo, Inc. | 346,514 | 59,693,967 | ||||||
85,043,067 | ||||||||
Biotechnology - 3.5% | ||||||||
Amgen, Inc. | 133,909 | 32,178,333 | ||||||
Biogen, Inc.* | 36,701 | 7,170,641 | ||||||
Gilead Sciences, Inc. | 314,501 | 19,961,378 | ||||||
Moderna, Inc.* | 99,683 | 13,185,070 | ||||||
Regeneron Pharmaceuticals, Inc.* | 27,114 | 15,754,861 | ||||||
Seagen, Inc.* | 46,065 | 7,107,369 | ||||||
Vertex Pharmaceuticals, Inc.* | 64,073 | 18,053,209 | ||||||
113,410,861 | ||||||||
Commercial Services & Supplies - 0.5% | ||||||||
Cintas Corp. | 25,638 | 10,430,564 | ||||||
Copart, Inc.* | 59,578 | 7,128,508 | ||||||
17,559,072 | ||||||||
Communications Equipment - 1.4% | ||||||||
Cisco Systems, Inc. | 1,038,246 | 46,430,361 | ||||||
Electric Utilities - 1.2% | ||||||||
American Electric Power Co., Inc. | 128,761 | 12,901,852 | ||||||
Constellation Energy Corp. | 81,867 | 6,679,501 | ||||||
Exelon Corp. | 245,859 | 10,795,669 | ||||||
Xcel Energy, Inc. | 136,581 | 10,141,139 | ||||||
40,518,161 | ||||||||
Entertainment - 1.6% | ||||||||
Activision Blizzard, Inc. | 195,969 | 15,381,607 | ||||||
Electronic Arts, Inc. | 70,179 | 8,903,610 | ||||||
NetEase, Inc., ADR | 45,597 | 4,035,790 | ||||||
Netflix, Inc.* | 111,324 | 24,887,593 | ||||||
53,208,600 | ||||||||
Food & Staples Retailing - 2.0% | ||||||||
Costco Wholesale Corp. | 111,119 | 58,015,230 | ||||||
Walgreens Boots Alliance, Inc. | 216,451 | 7,588,772 | ||||||
65,604,002 | ||||||||
Food Products - 1.0% | ||||||||
Kraft Heinz Co. (The) | 306,899 | 11,478,023 | ||||||
Mondelez International, Inc., Class A | 346,865 | 21,457,069 | ||||||
32,935,092 | ||||||||
Health Care Equipment & Supplies - 1.2% | ||||||||
Align Technology, Inc.* | 19,748 | 4,812,588 | ||||||
Dexcom, Inc.* | 98,361 | 8,086,258 | ||||||
IDEXX Laboratories, Inc.* | 21,053 | 7,318,444 | ||||||
Intuitive Surgical, Inc.* | 89,944 | 18,505,078 | ||||||
38,722,368 | ||||||||
Hotels, Restaurants & Leisure - 2.0% | ||||||||
Airbnb, Inc., Class A* | 95,853 | 10,842,892 | ||||||
Booking Holdings, Inc.* | 10,221 | 19,172,654 | ||||||
Marriott International, Inc., Class A | 82,064 | 12,616,519 | ||||||
Starbucks Corp. | 287,402 | 24,161,886 | ||||||
66,793,951 | ||||||||
Industrial Conglomerates - 1.0% | ||||||||
Honeywell International, Inc. | 170,643 | 32,311,252 | ||||||
Interactive Media & Services - 9.1% | ||||||||
Alphabet, Inc., Class A* | 908,987 | 98,370,573 | ||||||
Alphabet, Inc., Class C* | 946,879 | 103,351,843 | ||||||
Baidu, Inc., ADR* | 54,073 | 7,784,890 | ||||||
Match Group, Inc.* | 71,543 | 4,044,326 | ||||||
Meta Platforms, Inc., Class A* | 519,062 | 84,570,771 | ||||||
298,122,403 | ||||||||
Internet & Direct Marketing Retail - 6.9% | ||||||||
Amazon.com, Inc.* | 1,537,579 | 194,918,890 | ||||||
eBay, Inc. | 140,356 | 6,193,910 | ||||||
JD.com, Inc., ADR | 127,008 | 8,063,738 | ||||||
MercadoLibre, Inc.* | 12,655 | 10,824,581 | ||||||
Pinduoduo, Inc., ADR* | 111,132 | 7,923,711 | ||||||
227,924,830 | ||||||||
IT Services - 3.0% | ||||||||
Automatic Data Processing, Inc. | 104,715 | 25,593,393 | ||||||
Cognizant Technology Solutions Corp., Class A | 130,694 | 8,255,940 | ||||||
Fiserv, Inc.* | 162,018 | 16,394,602 | ||||||
Okta, Inc.* | 37,839 | 3,458,485 | ||||||
Paychex, Inc. | 90,557 | 11,169,300 | ||||||
PayPal Holdings, Inc.* | 290,386 | 27,133,668 | ||||||
VeriSign, Inc.* | 27,437 | 4,999,570 | ||||||
97,004,958 | ||||||||
Life Sciences Tools & Services - 0.2% | ||||||||
Illumina, Inc.* | 39,387 | 7,941,995 | ||||||
Machinery - 0.2% | ||||||||
PACCAR, Inc. | 87,151 | 7,626,584 | ||||||
Media - 2.0% | ||||||||
Charter Communications, Inc., Class A* | 42,062 | 17,356,043 | ||||||
Comcast Corp., Class A | 1,120,530 | 40,551,981 | ||||||
Sirius XM Holdings, Inc.(b) | 986,595 | 6,008,363 | ||||||
63,916,387 | ||||||||
Multiline Retail - 0.2% | ||||||||
Dollar Tree, Inc.* | 56,285 | 7,636,749 | ||||||
Pharmaceuticals - 0.3% | ||||||||
AstraZeneca plc, ADR | 144,882 | 9,037,739 | ||||||
Professional Services - 0.2% | ||||||||
Verisk Analytics, Inc. | 39,555 | 7,403,114 | ||||||
Road & Rail - 0.8% | ||||||||
CSX Corp. | 544,974 | 17,248,427 | ||||||
Old Dominion Freight Line, Inc. | 28,462 | 7,724,872 | ||||||
24,973,299 | ||||||||
Semiconductors & Semiconductor Equipment - 12.2% | ||||||||
Advanced Micro Devices, Inc.* | 406,346 | 34,486,585 | ||||||
Analog Devices, Inc. | 130,300 | 19,744,359 | ||||||
Applied Materials, Inc. | 218,081 | 20,514,880 | ||||||
ASML Holding NV (Registered), NYRS | 21,459 | 10,513,622 | ||||||
Broadcom, Inc. | 102,401 | 51,109,363 | ||||||
Intel Corp. | 1,025,343 | 32,728,949 | ||||||
KLA Corp. | 37,398 | 12,869,774 | ||||||
Lam Research Corp. | 34,730 | 15,208,614 |
Ultra QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Marvell Technology, Inc. | 213,124 | 9,978,466 | ||||||
Microchip Technology, Inc. | 139,080 | 9,074,970 | ||||||
Micron Technology, Inc. | 280,008 | 15,828,852 | ||||||
NVIDIA Corp. | 531,789 | 80,268,232 | ||||||
NXP Semiconductors NV | 65,823 | 10,833,149 | ||||||
QUALCOMM, Inc. | 280,961 | 37,162,711 | ||||||
Skyworks Solutions, Inc. | 40,348 | 3,976,295 | ||||||
Texas Instruments, Inc. | 231,099 | 38,179,866 | ||||||
402,478,687 | ||||||||
Software - 14.8% | ||||||||
Adobe, Inc.* | 118,476 | 44,243,677 | ||||||
ANSYS, Inc.* | 21,793 | 5,411,202 | ||||||
Atlassian Corp. plc, Class A* | 35,847 | 8,877,868 | ||||||
Autodesk, Inc.* | 54,532 | 11,001,286 | ||||||
Cadence Design Systems, Inc.* | 69,091 | 12,005,943 | ||||||
Crowdstrike Holdings, Inc., Class A* | 53,480 | 9,765,983 | ||||||
Datadog, Inc., Class A* | 70,989 | 7,450,296 | ||||||
DocuSign, Inc.* | 50,152 | 2,919,849 | ||||||
Fortinet, Inc.* | 201,314 | 9,801,979 | ||||||
Intuit, Inc. | 70,716 | 30,533,755 | ||||||
Microsoft Corp. | 1,130,142 | 295,498,229 | ||||||
Palo Alto Networks, Inc.* | 24,972 | 13,904,659 | ||||||
Splunk, Inc.*(b) | 40,342 | 3,631,990 | ||||||
Synopsys, Inc.* | 38,267 | 13,241,147 | ||||||
Workday, Inc., Class A* | 49,881 | 8,208,417 | ||||||
Zoom Video Communications, Inc., Class A* | 63,088 | 5,072,275 | ||||||
Zscaler, Inc.* | 35,375 | 5,633,115 | ||||||
487,201,670 | ||||||||
Specialty Retail - 0.6% | ||||||||
O'Reilly Automotive, Inc.* | 16,425 | 11,450,196 | ||||||
Ross Stores, Inc. | 88,124 | 7,602,457 | ||||||
19,052,653 | ||||||||
Technology Hardware, Storage & Peripherals - 11.7% | ||||||||
Apple, Inc. | 2,446,033 | 384,565,308 | ||||||
Textiles, Apparel & Luxury Goods - 0.3% | ||||||||
Lululemon Athletica, Inc.* | 30,794 | 9,236,968 | ||||||
Trading Companies & Distributors - 0.2% | ||||||||
Fastenal Co. | 144,336 | 7,264,431 | ||||||
Wireless Telecommunication Services - 1.4% | ||||||||
T-Mobile US, Inc.* | 314,231 | 45,236,695 | ||||||
TOTAL COMMON STOCKS (Cost $3,429,389,662) | 2,835,061,234 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.3% | ||||||||
INVESTMENT COMPANIES - 0.3% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $11,110,183) | 11,110,183 | 11,110,183 |
Investments | Principal | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 36.5% | ||||||||
REPURCHASE AGREEMENTS(d) - 4.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $154,749,526 | ||||||||
(Cost $154,740,067) | 154,740,067 | 154,740,067 | ||||||
U.S. TREASURY OBLIGATIONS - 31.8% | ||||||||
U.S. Treasury Bills | ||||||||
1.35%, 9/8/2022(e) | 50,000,000 | 49,980,215 | ||||||
1.37%, 9/13/2022(e) | 125,000,000 | 124,909,791 | ||||||
1.53%, 9/15/2022(e) | 50,000,000 | 49,958,389 | ||||||
2.09%, 9/22/2022(e) | 75,000,000 | 74,910,313 | ||||||
1.68%, 9/29/2022(e) | 200,000,000 | 199,669,288 | ||||||
1.34%, 10/20/2022(e) | 100,000,000 | 99,666,187 | ||||||
2.49%, 11/10/2022(e) | 150,000,000 | 149,241,909 | ||||||
2.64%, 11/17/2022(e) | 50,000,000 | 49,713,924 | ||||||
2.59%, 12/1/2022(e) | 250,000,000 | 248,189,005 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,046,742,519) | 1,046,239,021 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,201,482,586) | 1,200,979,088 | |||||||
Total Investments - 123.0% (Cost $4,641,982,431) | 4,047,150,505 | |||||||
Liabilities in excess of other assets - (23.0%) | (757,345,415 | ) | ||||||
Net Assets - 100.0% | 3,289,805,090 |
Ultra QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,942,605,405. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $14,700,674, collateralized in the form of cash with a value of $11,110,183 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $3,953,170 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from December 15, 2022 – May 15, 2051. The total value of collateral is $15,063,353. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $11,110,183. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(e) | The rate shown was the current yield as of August 31, 2022. |
Abbreviations | |
ADR | American Depositary Receipt |
NYRS | New York Registry Shares |
Ultra QQQ Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Purchased
Ultra QQQ had the following open long futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||
NASDAQ 100 E-Mini Index | 683 | 9/16/2022 | USD | $ | 167,816,515 | $ | 12,660,298 |
Swap Agreements
Ultra QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
368,884,950 | 11/6/2023 | Bank of America NA | 2.93 | % | NASDAQ-100 Index® | (73,907,347 | ) | |||||||||
230,603,716 | 11/6/2023 | Barclays Capital | 2.93 | % | NASDAQ-100 Index® | (10,583,859 | ) | |||||||||
306,309,869 | 5/8/2023 | BNP Paribas SA | 2.98 | % | NASDAQ-100 Index® | (205,161,219 | ) | |||||||||
213,876,939 | 4/10/2023 | Citibank NA | 2.99 | % | NASDAQ-100 Index® | (127,087,878 | ) | |||||||||
453,267,428 | 4/10/2023 | Credit Suisse International | 2.93 | % | NASDAQ-100 Index® | (151,730,764 | ) | |||||||||
328,599,359 | 3/7/2023 | Goldman Sachs International | 2.73 | % | PowerShares QQQ TrustSM, Series 1 | (184,991,636 | ) | |||||||||
388,630,646 | 4/8/2024 | Goldman Sachs International | 2.93 | % | NASDAQ-100 Index® | (10,519,825 | ) | |||||||||
452,850,179 | 5/8/2023 | J.P. Morgan Securities | 2.73 | % | NASDAQ-100 Index® | (191,422,804 | ) | |||||||||
108,030,680 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.88 | % | NASDAQ-100 Index® | (34,654,549 | ) | |||||||||
375,425,223 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.88 | % | PowerShares QQQ TrustSM, Series 1 | 51,669,681 | ||||||||||
24,151,355 | 4/10/2023 | Societe Generale | 3.18 | % | NASDAQ-100 Index® | (9,543,647 | ) | |||||||||
326,116,925 | 3/7/2023 | UBS AG | 3.13 | % | NASDAQ-100 Index® | (205,319,526 | ) | |||||||||
3,576,747,269 | (1,153,253,373 | ) | ||||||||||||||
Total Unrealized Appreciation | 51,669,681 | |||||||||||||||
Total Unrealized Depreciation | (1,204,923,054 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Ultra Real Estate Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 85.5% | ||||||||
Equity Real Estate Investment Trusts (REITs) - 78.5% | ||||||||
Alexandria Real Estate Equities, Inc. | 8,509 | 1,305,281 | ||||||
American Homes 4 Rent, Class A | 16,930 | 602,031 | ||||||
American Tower Corp. | 26,612 | 6,760,779 | ||||||
Americold Realty Trust, Inc.(b) | 15,427 | 453,862 | ||||||
Apartment Income REIT Corp. | 9,000 | 367,650 | ||||||
AvalonBay Communities, Inc. | 8,010 | 1,609,289 | ||||||
Boston Properties, Inc. | 8,170 | 648,943 | ||||||
Brixmor Property Group, Inc. | 17,160 | 368,597 | ||||||
Camden Property Trust | 6,103 | 784,296 | ||||||
Corporate Office Properties Trust | 6,440 | 166,410 | ||||||
Cousins Properties, Inc. | 8,523 | 228,843 | ||||||
Crown Castle, Inc. | 24,808 | 4,237,951 | ||||||
CubeSmart | 12,858 | 592,111 | ||||||
Digital Realty Trust, Inc. | 16,309 | 2,016,282 | ||||||
Douglas Emmett, Inc. | 10,071 | 196,586 | ||||||
Duke Realty Corp. | 22,025 | 1,296,171 | ||||||
EastGroup Properties, Inc. | 2,388 | 394,092 | ||||||
Equinix, Inc. | 5,215 | 3,428,185 | ||||||
Equity Commonwealth* | 6,455 | 169,831 | ||||||
Equity LifeStyle Properties, Inc. | 9,911 | 694,761 | ||||||
Equity Residential | 19,605 | 1,434,694 | ||||||
Essex Property Trust, Inc. | 3,743 | 992,120 | ||||||
Extra Space Storage, Inc. | 7,693 | 1,528,830 | ||||||
Federal Realty Investment Trust | 4,095 | 414,701 | ||||||
First Industrial Realty Trust, Inc. | 7,562 | 383,242 | ||||||
Gaming and Leisure Properties, Inc. | 13,473 | 650,342 | ||||||
Healthcare Realty Trust, Inc. | 21,809 | 530,395 | ||||||
Healthpeak Properties, Inc. | 30,911 | 811,414 | ||||||
Highwoods Properties, Inc. | 6,024 | 183,190 | ||||||
Host Hotels & Resorts, Inc. | 40,950 | 727,681 | ||||||
Hudson Pacific Properties, Inc. | 8,286 | 109,458 | ||||||
Invitation Homes, Inc. | 34,965 | 1,268,530 | ||||||
Iron Mountain, Inc. | 16,646 | 875,746 | ||||||
JBG SMITH Properties | 6,229 | 136,851 | ||||||
Kilroy Realty Corp. | 6,018 | 293,498 | ||||||
Kimco Realty Corp. | 35,406 | 746,358 | ||||||
Lamar Advertising Co., Class A | 4,988 | 468,323 | ||||||
Life Storage, Inc. | 4,833 | 614,999 | ||||||
LXP Industrial Trust(b) | 16,422 | 165,205 | ||||||
Medical Properties Trust, Inc. | 34,380 | 502,292 | ||||||
Mid-America Apartment Communities, Inc.(b) | 6,613 | 1,095,576 | ||||||
National Health Investors, Inc. | 2,627 | 172,095 | ||||||
National Retail Properties, Inc. | 10,078 | 452,502 | ||||||
National Storage Affiliates Trust | 4,822 | 243,607 | ||||||
Omega Healthcare Investors, Inc. | 13,476 | 440,126 | ||||||
Orion Office REIT, Inc. | 3,244 | 32,018 | ||||||
Physicians Realty Trust | 12,907 | 215,031 | ||||||
PotlatchDeltic Corp. | 3,974 | 184,473 | ||||||
Prologis, Inc. | 42,410 | 5,280,469 | ||||||
Public Storage | 8,749 | 2,894,432 | ||||||
Rayonier, Inc. | 8,381 | 297,693 | ||||||
Realty Income Corp. | 34,466 | 2,353,338 | ||||||
Regency Centers Corp. | 8,887 | 540,685 | ||||||
Rexford Industrial Realty, Inc. | 9,457 | 588,320 | ||||||
Sabra Health Care REIT, Inc. | 13,231 | 198,068 | ||||||
SBA Communications Corp. | 6,178 | 2,009,394 | ||||||
Simon Property Group, Inc. | 18,811 | 1,918,346 | ||||||
SL Green Realty Corp. | 3,675 | 162,325 | ||||||
Spirit Realty Capital, Inc. | 7,692 | 314,218 | ||||||
STAG Industrial, Inc. | 10,267 | 316,224 | ||||||
STORE Capital Corp. | 14,466 | 390,293 | ||||||
Sun Communities, Inc. | 6,967 | 1,070,898 | ||||||
UDR, Inc. | 17,147 | 769,386 | ||||||
Ventas, Inc. | 22,899 | 1,095,946 | ||||||
VICI Properties, Inc. | 55,171 | 1,820,091 | ||||||
Vornado Realty Trust | 9,116 | 239,021 | ||||||
Welltower, Inc. | 26,008 | 1,993,513 | ||||||
Weyerhaeuser Co. | 42,652 | 1,456,992 | ||||||
WP Carey, Inc. | 11,051 | 928,615 | ||||||
68,633,515 | ||||||||
Mortgage Real Estate Investment Trusts (REITs) - 2.2% | ||||||||
AGNC Investment Corp. | 29,983 | 358,297 | ||||||
Annaly Capital Management, Inc. | 95,111 | 613,466 | ||||||
Blackstone Mortgage Trust, Inc., Class A | 9,756 | 282,729 | ||||||
Rithm Capital Corp. | 26,742 | 252,177 | ||||||
Starwood Property Trust, Inc. | 17,583 | 403,178 | ||||||
1,909,847 | ||||||||
Professional Services - 1.8% | ||||||||
CoStar Group, Inc.* | 22,700 | 1,580,828 | ||||||
Real Estate Management & Development - 3.0% | ||||||||
CBRE Group, Inc., Class A* | 18,723 | 1,478,368 | ||||||
Compass, Inc., Class A*(b) | 1,649 | 4,716 | ||||||
Howard Hughes Corp. (The)* | 2,209 | 140,559 | ||||||
Jones Lang LaSalle, Inc.* | 2,799 | 484,227 | ||||||
Opendoor Technologies, Inc.* | 22,549 | 97,637 | ||||||
Redfin Corp.*(b) | 6,140 | 50,286 | ||||||
Zillow Group, Inc., Class A* | 2,067 | 69,038 | ||||||
Zillow Group, Inc., Class C*(b) | 9,383 | 313,955 | ||||||
2,638,786 | ||||||||
TOTAL COMMON STOCKS (Cost $84,872,036) | 74,762,976 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.1% | ||||||||
INVESTMENT COMPANIES - 0.1% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $48,337) | 48,337 | 48,337 |
Investments | Principal Amount ($) |
Value ($) | ||||||
SHORT-TERM INVESTMENTS - 19.1% | ||||||||
REPURCHASE AGREEMENTS(d) - 19.1% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $16,748,109 | ||||||||
(Cost $16,747,085) | 16,747,085 | 16,747,085 | ||||||
Total Investments - 104.7% (Cost $101,667,458) |
91,558,398 | |||||||
Liabilities in excess of other assets - (4.7%) | (4,090,558 | ) | ||||||
Net Assets - 100.0% | 87,467,840 |
Ultra Real Estate
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $36,689,869. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $700,491, collateralized in the form of cash with a value of $48,337 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $675,509 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from December 15, 2022 – May 15, 2051. The total value of collateral is $723,846. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $48,337. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements | ||||||||||||
Ultra Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2022: | ||||||||||||
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
9,931,598 | 5/8/2023 | Bank of America NA | 3.28 | % | Dow Jones U.S. Real EstateSM Index | (2,251,931 | ) | |||||||||
10,140,173 | 5/8/2023 | BNP Paribas SA | 2.93 | % | Dow Jones U.S. Real EstateSM Index | (5,985,761 | ) | |||||||||
10,253,409 | 11/7/2022 | Citibank NA | 3.03 | % | Dow Jones U.S. Real EstateSM Index | (1,023,796 | ) | |||||||||
24,603,800 | 3/7/2023 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. Real EstateSM Index | (4,466,780 | ) | |||||||||
186,658 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. Real EstateSM Index | 28,564 | ||||||||||
4,387,743 | 3/7/2023 | Societe Generale | 3.03 | % | Dow Jones U.S. Real EstateSM Index | (3,782,827 | ) | |||||||||
41,109,342 | 3/7/2023 | UBS AG | 2.68 | % | Dow Jones U.S. Real EstateSM Index | (2,118,605 | ) | |||||||||
100,612,723 | (19,601,136 | ) | ||||||||||||||
Total Unrealized Appreciation | 28,564 | |||||||||||||||
Total Unrealized Depreciation | (19,629,700 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 79.4% | ||||||||
Aerospace & Defense - 0.7% | ||||||||
AAR Corp.* | 1,819 | 77,999 | ||||||
Aerojet Rocketdyne Holdings, Inc.* | 4,269 | 183,866 | ||||||
AeroVironment, Inc.* | 1,249 | 110,724 | ||||||
AerSale Corp.*(b) | 855 | 16,484 | ||||||
Archer Aviation, Inc., Class A* | 6,694 | 23,697 | ||||||
Astra Space, Inc.*(b) | 7,735 | 6,597 | ||||||
Astronics Corp.* | 1,360 | 12,526 | ||||||
Cadre Holdings, Inc. | 888 | 22,644 | ||||||
Ducommun, Inc.* | 596 | 26,224 | ||||||
Kaman Corp. | 1,507 | 47,802 | ||||||
Kratos Defense & Security Solutions, Inc.* | 6,647 | 83,353 | ||||||
Maxar Technologies, Inc. | 3,910 | 93,175 | ||||||
Momentus, Inc.*(b) | 2,928 | 5,183 | ||||||
Moog, Inc., Class A | 1,541 | 115,544 | ||||||
National Presto Industries, Inc. | 275 | 18,760 | ||||||
Park Aerospace Corp. | 1,054 | 12,132 | ||||||
Parsons Corp.*(b) | 1,808 | 74,815 | ||||||
Redwire Corp.*(b) | 1,038 | 2,865 | ||||||
Rocket Lab USA, Inc.* | 11,466 | 63,063 | ||||||
Terran Orbital Corp.*(b) | 1,285 | 5,397 | ||||||
Triumph Group, Inc.* | 3,445 | 44,751 | ||||||
V2X, Inc.* | 619 | 21,454 | ||||||
Virgin Galactic Holdings, Inc.*(b) | 12,275 | 72,545 | ||||||
1,141,600 | ||||||||
Air Freight & Logistics - 0.3% | ||||||||
Air Transport Services Group, Inc.* | 3,176 | 95,693 | ||||||
Atlas Air Worldwide Holdings, Inc.* | 1,506 | 150,479 | ||||||
Forward Air Corp. | 1,445 | 140,223 | ||||||
Hub Group, Inc., Class A* | 1,806 | 144,137 | ||||||
Radiant Logistics, Inc.* | 2,038 | 14,266 | ||||||
544,798 | ||||||||
Airlines - 0.3% | ||||||||
Allegiant Travel Co.* | 833 | 80,384 | ||||||
Blade Air Mobility, Inc.*(b) | 3,017 | 15,568 | ||||||
Frontier Group Holdings, Inc.* | 2,005 | 25,864 | ||||||
Hawaiian Holdings, Inc.* | 2,723 | 40,818 | ||||||
Joby Aviation, Inc.*(b) | 13,504 | 71,571 | ||||||
SkyWest, Inc.* | 2,684 | 57,142 | ||||||
Spirit Airlines, Inc.* | 5,863 | 132,973 | ||||||
Sun Country Airlines Holdings, Inc.* | 1,781 | 35,478 | ||||||
Wheels Up Experience, Inc.* | 8,556 | 16,000 | ||||||
475,798 | ||||||||
Auto Components - 1.1% | ||||||||
Adient plc* | 5,105 | 169,486 | ||||||
American Axle & Manufacturing Holdings, Inc.* | 6,079 | 62,918 | ||||||
Dana, Inc. | 6,944 | 107,424 | ||||||
Dorman Products, Inc.* | 1,417 | 128,451 | ||||||
Fox Factory Holding Corp.* | 2,282 | 212,705 | ||||||
Gentherm, Inc.* | 1,781 | 106,682 | ||||||
Goodyear Tire & Rubber Co. (The)* | 15,092 | 211,741 | ||||||
Holley, Inc.*(b) | 2,765 | 15,677 | ||||||
LCI Industries | 1,338 | 155,034 | ||||||
Luminar Technologies, Inc.*(b) | 12,839 | 110,672 | ||||||
Modine Manufacturing Co.* | 2,676 | 40,086 | ||||||
Motorcar Parts of America, Inc.* | 1,005 | 14,934 | ||||||
Patrick Industries, Inc. | 1,181 | 62,558 | ||||||
Solid Power, Inc.*(b) | 3,052 | 20,082 | ||||||
Standard Motor Products, Inc. | 1,105 | 40,553 | ||||||
Stoneridge, Inc.* | 1,414 | 26,866 | ||||||
Tenneco, Inc., Class A* | 4,438 | 83,701 | ||||||
Visteon Corp.* | 1,495 | 179,146 | ||||||
XPEL, Inc.*(c) | 1,158 | 79,358 | ||||||
1,828,074 | ||||||||
Automobiles - 0.2% | ||||||||
Canoo, Inc.*(b) | 6,199 | 19,775 | ||||||
Cenntro Electric Group Ltd.*(b) | 9,894 | 13,060 | ||||||
Faraday Future Intelligent Electric, Inc.*(b) | 5,339 | 5,980 | ||||||
Fisker, Inc.*(b) | 8,742 | 78,940 | ||||||
Lordstown Motors Corp.*(b) | 8,580 | 18,361 | ||||||
Mullen Automotive, Inc.* | 811 | 541 | ||||||
Winnebago Industries, Inc.(b) | 1,723 | 99,210 | ||||||
Workhorse Group, Inc.*(b) | 7,885 | 24,680 | ||||||
260,547 | ||||||||
Banks - 7.6% | ||||||||
1st Source Corp. | 867 | 40,914 | ||||||
ACNB Corp.(b) | 454 | 16,144 | ||||||
Allegiance Bancshares, Inc. | 1,043 | 44,181 | ||||||
Amalgamated Financial Corp. | 756 | 17,010 | ||||||
Amerant Bancorp, Inc. | 1,510 | 39,547 | ||||||
American National Bankshares, Inc. | 559 | 18,408 | ||||||
Ameris Bancorp | 3,560 | 166,181 | ||||||
Arrow Financial Corp. | 740 | 23,761 | ||||||
Associated Banc-Corp. | 8,026 | 160,841 | ||||||
Atlantic Union Bankshares Corp. | 4,029 | 130,741 | ||||||
Banc of California, Inc. | 2,957 | 49,914 | ||||||
BancFirst Corp. | 1,057 | 114,008 | ||||||
Bancorp, Inc. (The)* | 2,998 | 71,113 | ||||||
Bank First Corp. | 348 | 28,282 | ||||||
Bank of Marin Bancorp | 842 | 26,018 | ||||||
Bank of NT Butterfield & Son Ltd. (The) | 2,674 | 87,226 | ||||||
BankUnited, Inc. | 4,393 | 162,761 | ||||||
Bankwell Financial Group, Inc. | 302 | 9,519 | ||||||
Banner Corp. | 1,839 | 111,738 | ||||||
Bar Harbor Bankshares | 793 | 22,466 | ||||||
BayCom Corp. | 691 | 12,860 | ||||||
BCB Bancorp, Inc. | 772 | 13,896 | ||||||
Berkshire Hills Bancorp, Inc. | 2,483 | 70,045 | ||||||
Blue Ridge Bankshares, Inc.(b) | 915 | 13,423 | ||||||
Brookline Bancorp, Inc. | 4,083 | 50,915 | ||||||
Business First Bancshares, Inc. | 1,138 | 26,845 | ||||||
Byline Bancorp, Inc. | 1,323 | 28,855 | ||||||
Cadence Bank | 9,857 | 251,156 | ||||||
Cambridge Bancorp | 366 | 30,096 | ||||||
Camden National Corp. | 774 | 35,008 | ||||||
Capital Bancorp, Inc. | 483 | 11,964 | ||||||
Capital City Bank Group, Inc. | 728 | 23,245 | ||||||
Capstar Financial Holdings, Inc. | 1,094 | 22,044 | ||||||
Carter Bankshares, Inc.* | 1,308 | 21,543 | ||||||
Cathay General Bancorp | 3,872 | 162,392 | ||||||
CBTX, Inc. | 988 | 29,442 | ||||||
Central Pacific Financial Corp. | 1,455 | 31,704 | ||||||
Citizens & Northern Corp. | 811 | 19,464 | ||||||
City Holding Co. | 791 | 67,243 | ||||||
Civista Bancshares, Inc. | 784 | 16,582 | ||||||
CNB Financial Corp. | 867 | 22,819 | ||||||
Coastal Financial Corp.* | 561 | 22,552 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Colony Bankcorp, Inc. | 880 | 12,426 | ||||||
Columbia Banking System, Inc. | 4,237 | 126,898 | ||||||
Community Bank System, Inc. | 2,872 | 187,771 | ||||||
Community Trust Bancorp, Inc. | 843 | 35,617 | ||||||
ConnectOne Bancorp, Inc. | 1,998 | 50,010 | ||||||
CrossFirst Bankshares, Inc.* | 2,451 | 32,304 | ||||||
Customers Bancorp, Inc.* | 1,668 | 57,863 | ||||||
CVB Financial Corp.(b) | 7,270 | 190,765 | ||||||
Dime Community Bancshares, Inc. | 1,794 | 56,080 | ||||||
Eagle Bancorp, Inc. | 1,705 | 82,744 | ||||||
Eastern Bankshares, Inc. | 8,650 | 167,810 | ||||||
Enterprise Bancorp, Inc. | 502 | 16,154 | ||||||
Enterprise Financial Services Corp. | 1,897 | 86,731 | ||||||
Equity Bancshares, Inc., Class A | 827 | 25,827 | ||||||
Esquire Financial Holdings, Inc. | 373 | 13,943 | ||||||
Farmers & Merchants Bancorp, Inc. | 651 | 18,593 | ||||||
Farmers National Banc Corp. | 1,693 | 24,193 | ||||||
FB Financial Corp. | 1,950 | 77,259 | ||||||
Financial Institutions, Inc. | 814 | 21,188 | ||||||
First Bancorp | 1,897 | 69,070 | ||||||
First Bancorp | 10,547 | 150,822 | ||||||
First Bancorp, Inc. (The) | 523 | 15,167 | ||||||
First Bancshares, Inc. (The) | 1,060 | 31,694 | ||||||
First Bank | 833 | 12,487 | ||||||
First Busey Corp. | 2,776 | 63,848 | ||||||
First Business Financial Services, Inc. | 432 | 14,377 | ||||||
First Commonwealth Financial Corp. | 5,022 | 67,697 | ||||||
First Community Bankshares, Inc. | 879 | 27,715 | ||||||
First Financial Bancorp | 5,014 | 108,202 | ||||||
First Financial Bankshares, Inc. | 6,990 | 297,145 | ||||||
First Financial Corp. | 616 | 28,644 | ||||||
First Foundation, Inc. | 2,752 | 52,178 | ||||||
First Guaranty Bancshares, Inc. | 326 | 7,263 | ||||||
First Internet Bancorp | 489 | 17,932 | ||||||
First Interstate BancSystem, Inc., Class A | 5,040 | 202,910 | ||||||
First Merchants Corp. | 3,079 | 122,606 | ||||||
First Mid Bancshares, Inc. | 1,002 | 35,421 | ||||||
First of Long Island Corp. (The) | 1,198 | 22,055 | ||||||
First Western Financial, Inc.* | 425 | 11,275 | ||||||
Five Star Bancorp | 675 | 17,165 | ||||||
Flushing Financial Corp. | 1,547 | 31,946 | ||||||
Fulton Financial Corp. | 8,441 | 136,997 | ||||||
FVCBankcorp, Inc.* | 642 | 12,365 | ||||||
German American Bancorp, Inc. | 1,489 | 55,927 | ||||||
Glacier Bancorp, Inc. | 5,980 | 303,066 | ||||||
Great Southern Bancorp, Inc. | 516 | 30,330 | ||||||
Guaranty Bancshares, Inc. | 443 | 15,350 | ||||||
Hancock Whitney Corp. | 4,636 | 223,594 | ||||||
Hanmi Financial Corp. | 1,627 | 40,219 | ||||||
HarborOne Bancorp, Inc. | 2,454 | 33,473 | ||||||
HBT Financial, Inc. | 545 | 9,854 | ||||||
Heartland Financial USA, Inc. | 2,211 | 98,765 | ||||||
Heritage Commerce Corp. | 3,159 | 35,665 | ||||||
Heritage Financial Corp. | 1,860 | 48,341 | ||||||
Hilltop Holdings, Inc. | 3,298 | 87,067 | ||||||
Home BancShares, Inc. | 10,226 | 240,618 | ||||||
HomeStreet, Inc. | 966 | 33,626 | ||||||
HomeTrust Bancshares, Inc. | 784 | 18,204 | ||||||
Hope Bancorp, Inc. | 6,234 | 90,206 | ||||||
Horizon Bancorp, Inc. | 2,168 | 41,019 | ||||||
Independent Bank Corp. | 2,511 | 196,436 | ||||||
Independent Bank Corp./MI | 1,082 | 22,203 | ||||||
Independent Bank Group, Inc. | 1,975 | 133,036 | ||||||
International Bancshares Corp. | 2,925 | 122,060 | ||||||
John Marshall Bancorp, Inc.(b) | 612 | 15,429 | ||||||
Lakeland Bancorp, Inc. | 3,348 | 54,539 | ||||||
Lakeland Financial Corp. | 1,321 | 99,524 | ||||||
Live Oak Bancshares, Inc. | 1,759 | 63,746 | ||||||
Macatawa Bank Corp. | 1,412 | 13,442 | ||||||
Mercantile Bank Corp. | 829 | 27,423 | ||||||
Metrocity Bankshares, Inc. | 1,003 | 20,050 | ||||||
Metropolitan Bank Holding Corp.* | 556 | 39,804 | ||||||
Mid Penn Bancorp, Inc. | 771 | 22,428 | ||||||
Midland States Bancorp, Inc. | 1,138 | 28,552 | ||||||
MidWestOne Financial Group, Inc. | 761 | 23,210 | ||||||
MVB Financial Corp. | 549 | 17,557 | ||||||
National Bank Holdings Corp., Class A | 1,572 | 63,084 | ||||||
NBT Bancorp, Inc. | 2,248 | 87,177 | ||||||
Nicolet Bankshares, Inc.* | 661 | 50,619 | ||||||
Northeast Bank | 362 | 14,035 | ||||||
Northwest Bancshares, Inc. | 6,534 | 91,933 | ||||||
OceanFirst Financial Corp. | 3,121 | 60,672 | ||||||
OFG Bancorp | 2,561 | 69,659 | ||||||
Old National Bancorp | 15,776 | 263,301 | ||||||
Old Second Bancorp, Inc. | 2,279 | 31,268 | ||||||
Origin Bancorp, Inc. | 1,208 | 49,347 | ||||||
Orrstown Financial Services, Inc. | 571 | 14,692 | ||||||
Pacific Premier Bancorp, Inc. | 5,042 | 165,176 | ||||||
Park National Corp. | 771 | 101,641 | ||||||
Parke Bancorp, Inc. | 543 | 12,044 | ||||||
Pathward Financial, Inc. | 1,560 | 51,418 | ||||||
PCB Bancorp | 624 | 11,719 | ||||||
PCSB Financial Corp. | 672 | 12,439 | ||||||
Peapack-Gladstone Financial Corp. | 935 | 31,481 | ||||||
Peoples Bancorp, Inc. | 1,495 | 44,686 | ||||||
Peoples Financial Services Corp. | 376 | 18,304 | ||||||
Preferred Bank | 738 | 50,066 | ||||||
Premier Financial Corp. | 1,905 | 51,473 | ||||||
Primis Financial Corp. | 1,192 | 15,627 | ||||||
Professional Holding Corp., Class A* | 694 | 19,404 | ||||||
QCR Holdings, Inc. | 891 | 49,762 | ||||||
RBB Bancorp | 805 | 17,791 | ||||||
Red River Bancshares, Inc. | 235 | 12,011 | ||||||
Renasant Corp. | 2,945 | 98,186 | ||||||
Republic Bancorp, Inc., Class A | 475 | 20,188 | ||||||
Republic First Bancorp, Inc.* | 2,599 | 8,265 | ||||||
S&T Bancorp, Inc. | 2,100 | 62,244 | ||||||
Sandy Spring Bancorp, Inc. | 2,381 | 91,716 | ||||||
Seacoast Banking Corp. of Florida | 3,254 | 105,169 | ||||||
ServisFirst Bancshares, Inc. | 2,700 | 227,772 | ||||||
Shore Bancshares, Inc. | 957 | 18,231 | ||||||
Sierra Bancorp | 739 | 15,312 | ||||||
Silvergate Capital Corp., Class A* | 1,686 | 153,628 | ||||||
Simmons First National Corp., Class A | 6,730 | 158,761 | ||||||
SmartFinancial, Inc. | 834 | 20,925 | ||||||
South Plains Financial, Inc. | 545 | 14,786 | ||||||
Southern First Bancshares, Inc.* | 408 | 17,589 | ||||||
Southside Bancshares, Inc. | 1,645 | 61,984 | ||||||
SouthState Corp. | 4,032 | 314,657 | ||||||
Stock Yards Bancorp, Inc. | 1,541 | 102,107 | ||||||
Summit Financial Group, Inc. | 601 | 17,141 | ||||||
Texas Capital Bancshares, Inc.* | 2,736 | 161,506 | ||||||
Third Coast Bancshares, Inc.* | 688 | 12,522 | ||||||
Tompkins Financial Corp. | 755 | 54,088 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Towne Bank | 3,622 | 103,191 | ||||||
TriCo Bancshares | 1,702 | 80,317 | ||||||
Triumph Bancorp, Inc.* | 1,291 | 79,926 | ||||||
Trustmark Corp. | 3,295 | 103,924 | ||||||
UMB Financial Corp. | 2,367 | 211,775 | ||||||
United Bankshares, Inc. | 7,126 | 264,375 | ||||||
United Community Banks, Inc. | 5,718 | 191,725 | ||||||
Unity Bancorp, Inc. | 378 | 10,595 | ||||||
Univest Financial Corp. | 1,570 | 38,936 | ||||||
USCB Financial Holdings, Inc.*(b) | 580 | 7,540 | ||||||
Valley National Bancorp | 23,172 | 269,259 | ||||||
Veritex Holdings, Inc. | 2,825 | 85,061 | ||||||
Washington Federal, Inc. | 3,485 | 111,555 | ||||||
Washington Trust Bancorp, Inc. | 930 | 47,086 | ||||||
WesBanco, Inc. | 3,142 | 107,488 | ||||||
West Bancorp, Inc. | 870 | 21,411 | ||||||
Westamerica Bancorp | 1,401 | 78,386 | ||||||
12,480,942 | ||||||||
Beverages - 0.5% | ||||||||
Celsius Holdings, Inc.* | 2,940 | 304,261 | ||||||
Coca-Cola Consolidated, Inc. | 252 | 119,531 | ||||||
Duckhorn Portfolio, Inc. (The)* | 1,986 | 36,225 | ||||||
MGP Ingredients, Inc. | 754 | 82,533 | ||||||
National Beverage Corp. | 1,270 | 70,434 | ||||||
Primo Water Corp. | 8,475 | 111,361 | ||||||
Vintage Wine Estates, Inc.* | 1,740 | 10,283 | ||||||
Vita Coco Co., Inc. (The)*(b) | 1,499 | 22,470 | ||||||
757,098 | ||||||||
Biotechnology - 6.1% | ||||||||
2seventy bio, Inc.* | 2,013 | 29,651 | ||||||
4D Molecular Therapeutics, Inc.* | 1,613 | 12,678 | ||||||
Aadi Bioscience, Inc.*(b) | 780 | 10,569 | ||||||
ACADIA Pharmaceuticals, Inc.* | 6,467 | 106,253 | ||||||
Adagio Therapeutics, Inc.* | 2,758 | 12,576 | ||||||
Adicet Bio, Inc.* | 1,522 | 21,552 | ||||||
ADMA Biologics, Inc.* | 9,990 | 26,973 | ||||||
Aerovate Therapeutics, Inc.*(b) | 493 | 9,776 | ||||||
Affimed NV* | 7,646 | 20,033 | ||||||
Agenus, Inc.* | 14,521 | 39,207 | ||||||
Agios Pharmaceuticals, Inc.* | 2,935 | 74,843 | ||||||
Akero Therapeutics, Inc.* | 1,506 | 17,696 | ||||||
Albireo Pharma, Inc.* | 926 | 16,205 | ||||||
Alector, Inc.* | 3,344 | 34,610 | ||||||
Alkermes plc* | 8,769 | 207,562 | ||||||
Allogene Therapeutics, Inc.* | 4,285 | 58,747 | ||||||
Allovir, Inc.* | 1,669 | 12,534 | ||||||
Alpine Immune Sciences, Inc.* | 839 | 6,301 | ||||||
ALX Oncology Holdings, Inc.*(b) | 1,153 | 14,989 | ||||||
Amicus Therapeutics, Inc.* | 14,831 | 166,552 | ||||||
AnaptysBio, Inc.* | 1,090 | 25,310 | ||||||
Anavex Life Sciences Corp.* | 3,669 | 35,186 | ||||||
Anika Therapeutics, Inc.* | 784 | 17,718 | ||||||
Apellis Pharmaceuticals, Inc.* | 4,890 | 295,894 | ||||||
Arbutus Biopharma Corp.* | 5,804 | 12,885 | ||||||
Arcellx, Inc.* | 528 | 9,488 | ||||||
Arcturus Therapeutics Holdings, Inc.* | 1,242 | 17,438 | ||||||
Arcus Biosciences, Inc.* | 2,761 | 66,485 | ||||||
Arcutis Biotherapeutics, Inc.*(b) | 1,883 | 50,747 | ||||||
Arrowhead Pharmaceuticals, Inc.* | 5,537 | 219,874 | ||||||
Atara Biotherapeutics, Inc.* | 4,934 | 19,785 | ||||||
Aura Biosciences, Inc.*(b) | 986 | 13,173 | ||||||
Aurinia Pharmaceuticals, Inc.* | 7,214 | 53,095 | ||||||
Avid Bioservices, Inc.*(b) | 3,284 | 56,550 | ||||||
Avidity Biosciences, Inc.* | 2,628 | 51,561 | ||||||
Beam Therapeutics, Inc.* | 3,417 | 186,568 | ||||||
BioCryst Pharmaceuticals, Inc.* | 9,974 | 138,639 | ||||||
Biohaven Pharmaceutical Holding Co. Ltd.* | 3,351 | 500,472 | ||||||
Bioxcel Therapeutics, Inc.*(b) | 1,029 | 14,077 | ||||||
Bluebird Bio, Inc.* | 3,846 | 22,461 | ||||||
Blueprint Medicines Corp.* | 3,212 | 235,183 | ||||||
Bridgebio Pharma, Inc.* | 5,624 | 59,052 | ||||||
C4 Therapeutics, Inc.* | 2,262 | 22,801 | ||||||
CareDx, Inc.* | 2,739 | 53,657 | ||||||
Caribou Biosciences, Inc.* | 2,904 | 28,662 | ||||||
Catalyst Pharmaceuticals, Inc.* | 5,153 | 69,772 | ||||||
Celldex Therapeutics, Inc.* | 2,464 | 74,906 | ||||||
Celularity, Inc., Class A*(b) | 836 | 2,266 | ||||||
Century Therapeutics, Inc.*(b) | 1,082 | 11,383 | ||||||
Cerevel Therapeutics Holdings, Inc.*(b) | 2,923 | 85,059 | ||||||
ChemoCentryx, Inc.* | 3,399 | 173,281 | ||||||
Chimerix, Inc.* | 4,522 | 9,948 | ||||||
Chinook Therapeutics, Inc.* | 2,349 | 48,859 | ||||||
Cogent Biosciences, Inc.* | 2,398 | 39,543 | ||||||
Coherus Biosciences, Inc.* | 3,962 | 44,295 | ||||||
Crinetics Pharmaceuticals, Inc.* | 2,831 | 53,449 | ||||||
CTI BioPharma Corp.*(b) | 4,979 | 31,268 | ||||||
Cullinan Oncology, Inc.* | 1,603 | 21,608 | ||||||
Cytokinetics, Inc.* | 4,415 | 233,818 | ||||||
Day One Biopharmaceuticals, Inc.* | 1,257 | 29,527 | ||||||
Deciphera Pharmaceuticals, Inc.* | 2,422 | 39,309 | ||||||
Denali Therapeutics, Inc.*(b) | 5,298 | 146,596 | ||||||
Design Therapeutics, Inc.* | 1,822 | 36,914 | ||||||
Dynavax Technologies Corp.* | 6,363 | 72,984 | ||||||
Dyne Therapeutics, Inc.* | 1,704 | 16,699 | ||||||
Eagle Pharmaceuticals, Inc.* | 559 | 18,318 | ||||||
Editas Medicine, Inc.* | 3,716 | 54,625 | ||||||
Eiger BioPharmaceuticals, Inc.* | 2,203 | 18,197 | ||||||
Emergent BioSolutions, Inc.* | 2,709 | 65,070 | ||||||
Enanta Pharmaceuticals, Inc.* | 1,053 | 64,107 | ||||||
Enochian Biosciences, Inc.* | 1,059 | 2,616 | ||||||
EQRx, Inc.*(b) | 7,352 | 35,951 | ||||||
Erasca, Inc.*(b) | 3,487 | 31,453 | ||||||
Fate Therapeutics, Inc.* | 4,471 | 116,872 | ||||||
FibroGen, Inc.* | 4,704 | 58,518 | ||||||
Foghorn Therapeutics, Inc.*(b) | 1,081 | 10,745 | ||||||
Forma Therapeutics Holdings, Inc.* | 1,945 | 26,063 | ||||||
Gelesis Holdings, Inc.* | 526 | 636 | ||||||
Generation Bio Co.* | 2,503 | 12,815 | ||||||
Geron Corp.*(b) | 19,316 | 50,994 | ||||||
Global Blood Therapeutics, Inc.*(b) | 3,352 | 227,601 | ||||||
Gossamer Bio, Inc.*(b) | 3,388 | 47,263 | ||||||
GreenLight Biosciences Holdings PBC*(b) | 751 | 2,133 | ||||||
Halozyme Therapeutics, Inc.* | 7,298 | 297,248 | ||||||
Heron Therapeutics, Inc.* | 5,531 | 22,622 | ||||||
HilleVax, Inc.*(b) | 698 | 8,313 | ||||||
Humacyte, Inc.*(b) | 948 | 3,460 | ||||||
Icosavax, Inc.*(b) | 1,195 | 5,640 | ||||||
Ideaya Biosciences, Inc.* | 1,914 | 18,815 | ||||||
IGM Biosciences, Inc.*(b) | 538 | 10,443 | ||||||
Imago Biosciences, Inc.*(b) | 1,414 | 20,545 | ||||||
ImmunityBio, Inc.*(b) | 4,400 | 17,600 | ||||||
ImmunoGen, Inc.* | 11,545 | 67,076 | ||||||
Immunovant, Inc.* | 2,151 | 11,078 | ||||||
Inhibrx, Inc.* | 1,570 | 27,852 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Inovio Pharmaceuticals, Inc.* | 11,817 | 27,061 | ||||||
Insmed, Inc.* | 6,413 | 157,888 | ||||||
Instil Bio, Inc.* | 3,741 | 19,453 | ||||||
Intellia Therapeutics, Inc.* | 4,056 | 243,603 | ||||||
Intercept Pharmaceuticals, Inc.* | 1,314 | 22,824 | ||||||
Iovance Biotherapeutics, Inc.* | 8,109 | 86,928 | ||||||
Ironwood Pharmaceuticals, Inc.* | 7,351 | 79,097 | ||||||
iTeos Therapeutics, Inc.* | 1,265 | 28,058 | ||||||
IVERIC bio, Inc.* | 6,284 | 61,835 | ||||||
Janux Therapeutics, Inc.*(b) | 921 | 9,965 | ||||||
Jounce Therapeutics, Inc.* | 2,264 | 8,286 | ||||||
KalVista Pharmaceuticals, Inc.* | 1,315 | 21,658 | ||||||
Karuna Therapeutics, Inc.* | 1,579 | 402,740 | ||||||
Karyopharm Therapeutics, Inc.* | 4,096 | 20,726 | ||||||
Keros Therapeutics, Inc.* | 904 | 31,974 | ||||||
Kezar Life Sciences, Inc.* | 2,502 | 25,721 | ||||||
Kiniksa Pharmaceuticals Ltd., Class A* | 1,675 | 19,631 | ||||||
Kinnate Biopharma, Inc.*(b) | 1,572 | 22,763 | ||||||
Kodiak Sciences, Inc.* | 1,793 | 17,948 | ||||||
Kronos Bio, Inc.* | 2,186 | 8,744 | ||||||
Krystal Biotech, Inc.* | 1,127 | 79,014 | ||||||
Kura Oncology, Inc.* | 3,413 | 47,304 | ||||||
Kymera Therapeutics, Inc.* | 2,035 | 57,529 | ||||||
Lexicon Pharmaceuticals, Inc.* | 3,915 | 10,766 | ||||||
Ligand Pharmaceuticals, Inc.* | 815 | 75,298 | ||||||
Lyell Immunopharma, Inc.*(b) | 9,304 | 62,337 | ||||||
MacroGenics, Inc.* | 3,240 | 12,863 | ||||||
Madrigal Pharmaceuticals, Inc.* | 686 | 49,474 | ||||||
MannKind Corp.* | 13,383 | 48,848 | ||||||
MeiraGTx Holdings plc* | 1,625 | 13,488 | ||||||
Mersana Therapeutics, Inc.* | 4,712 | 35,340 | ||||||
MiMedx Group, Inc.* | 6,065 | 21,409 | ||||||
Mirum Pharmaceuticals, Inc.* | 855 | 21,358 | ||||||
Monte Rosa Therapeutics, Inc.*(b) | 1,543 | 12,221 | ||||||
Morphic Holding, Inc.* | 1,384 | 38,088 | ||||||
Myriad Genetics, Inc.* | 4,277 | 95,548 | ||||||
Nkarta, Inc.*(b) | 1,744 | 25,096 | ||||||
Nurix Therapeutics, Inc.* | 2,385 | 37,516 | ||||||
Nuvalent, Inc., Class A*(b) | 911 | 15,378 | ||||||
Ocugen, Inc.*(b) | 11,506 | 29,685 | ||||||
Organogenesis Holdings, Inc.* | 3,764 | 13,513 | ||||||
Outlook Therapeutics, Inc.*(b) | 6,365 | 7,129 | ||||||
Pardes Biosciences, Inc.* | 1,522 | 5,342 | ||||||
PepGen, Inc.* | 447 | 4,247 | ||||||
PMV Pharmaceuticals, Inc.* | 1,979 | 27,548 | ||||||
Point Biopharma Global, Inc.*(b) | 3,983 | 38,834 | ||||||
Praxis Precision Medicines, Inc.* | 2,032 | 6,340 | ||||||
Precigen, Inc.* | 5,423 | 11,985 | ||||||
Prometheus Biosciences, Inc.* | 1,573 | 82,284 | ||||||
Protagonist Therapeutics, Inc.* | 2,473 | 21,565 | ||||||
Prothena Corp. plc* | 1,907 | 52,576 | ||||||
PTC Therapeutics, Inc.* | 3,777 | 188,623 | ||||||
Rallybio Corp.*(b) | 857 | 9,470 | ||||||
RAPT Therapeutics, Inc.* | 1,399 | 37,367 | ||||||
Recursion Pharmaceuticals, Inc., Class A* | 7,271 | 76,418 | ||||||
REGENXBIO, Inc.* | 2,160 | 63,720 | ||||||
Relay Therapeutics, Inc.* | 4,114 | 94,499 | ||||||
Replimune Group, Inc.* | 1,623 | 30,934 | ||||||
REVOLUTION Medicines, Inc.* | 3,391 | 70,635 | ||||||
Rigel Pharmaceuticals, Inc.* | 9,275 | 13,171 | ||||||
Rocket Pharmaceuticals, Inc.* | 2,353 | 36,260 | ||||||
Sage Therapeutics, Inc.* | 2,802 | 105,523 | ||||||
Sana Biotechnology, Inc.*(b) | 4,786 | 32,593 | ||||||
Sangamo Therapeutics, Inc.* | 6,441 | 34,781 | ||||||
Seres Therapeutics, Inc.* | 3,787 | 19,465 | ||||||
Sorrento Therapeutics, Inc.*(b) | 20,443 | 41,908 | ||||||
SpringWorks Therapeutics, Inc.* | 1,868 | 51,874 | ||||||
Stoke Therapeutics, Inc.* | 1,207 | 18,177 | ||||||
Sutro Biopharma, Inc.* | 2,367 | 13,397 | ||||||
Syndax Pharmaceuticals, Inc.* | 2,784 | 65,730 | ||||||
Talaris Therapeutics, Inc.* | 1,204 | 3,985 | ||||||
Tango Therapeutics, Inc.*(b) | 2,507 | 10,279 | ||||||
Tenaya Therapeutics, Inc.*(b) | 1,499 | 6,581 | ||||||
TG Therapeutics, Inc.* | 7,163 | 51,072 | ||||||
Tonix Pharmaceuticals Holding Corp.* | 1 | 1 | ||||||
Travere Therapeutics, Inc.* | 3,276 | 87,666 | ||||||
Twist Bioscience Corp.* | 3,019 | 121,122 | ||||||
Tyra Biosciences, Inc.*(b) | 705 | 4,660 | ||||||
Vanda Pharmaceuticals, Inc.* | 2,985 | 31,581 | ||||||
Vaxart, Inc.*(b) | 6,657 | 20,637 | ||||||
Vaxcyte, Inc.* | 2,835 | 74,164 | ||||||
VBI Vaccines, Inc.*(b) | 10,363 | 9,281 | ||||||
Vera Therapeutics, Inc.*(b) | 744 | 16,167 | ||||||
Veracyte, Inc.* | 3,853 | 78,601 | ||||||
Vericel Corp.* | 2,538 | 63,323 | ||||||
Verve Therapeutics, Inc.*(b) | 1,986 | 76,183 | ||||||
Vir Biotechnology, Inc.* | 3,899 | 92,601 | ||||||
Viridian Therapeutics, Inc.* | 1,388 | 30,827 | ||||||
VistaGen Therapeutics, Inc.* | 10,465 | 1,926 | ||||||
Xencor, Inc.* | 3,087 | 81,466 | ||||||
Y-mAbs Therapeutics, Inc.* | 1,974 | 31,742 | ||||||
Zentalis Pharmaceuticals, Inc.* | 2,066 | 55,389 | ||||||
10,032,846 | ||||||||
Building Products - 1.0% | ||||||||
AAON, Inc. | 2,359 | 135,595 | ||||||
American Woodmark Corp.* | 888 | 46,025 | ||||||
Apogee Enterprises, Inc. | 1,195 | 48,804 | ||||||
Caesarstone Ltd. | 1,217 | 12,401 | ||||||
CSW Industrials, Inc. | 806 | 102,040 | ||||||
Gibraltar Industries, Inc.* | 1,770 | 74,075 | ||||||
Griffon Corp. | 2,478 | 77,685 | ||||||
Insteel Industries, Inc. | 1,007 | 29,102 | ||||||
Janus International Group, Inc.* | 4,392 | 45,369 | ||||||
JELD-WEN Holding, Inc.* | 4,637 | 51,703 | ||||||
Masonite International Corp.* | 1,213 | 99,248 | ||||||
PGT Innovations, Inc.* | 3,170 | 66,316 | ||||||
Quanex Building Products Corp. | 1,781 | 39,716 | ||||||
Resideo Technologies, Inc.* | 7,779 | 161,959 | ||||||
Simpson Manufacturing Co., Inc. | 2,332 | 216,036 | ||||||
UFP Industries, Inc. | 3,275 | 260,002 | ||||||
View, Inc.*(b) | 6,010 | 10,698 | ||||||
Zurn Elkay Water Solutions Corp. | 6,679 | 184,207 | ||||||
1,660,981 | ||||||||
Capital Markets - 1.2% | ||||||||
Artisan Partners Asset Management, Inc., Class A | 3,232 | 109,112 | ||||||
AssetMark Financial Holdings, Inc.* | 1,158 | 22,396 | ||||||
Associated Capital Group, Inc., Class A | 92 | 3,642 | ||||||
B Riley Financial, Inc. | 1,092 | 54,349 | ||||||
Bakkt Holdings, Inc.*(b) | 3,054 | 7,910 | ||||||
BGC Partners, Inc., Class A | 17,182 | 69,072 | ||||||
BlackRock Capital Investment Corp. | 2 | 8 | ||||||
Blucora, Inc.* | 2,535 | 50,903 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Brightsphere Investment Group, Inc. | 1,739 | 29,720 | ||||||
Cohen & Steers, Inc. | 1,365 | 97,434 | ||||||
Cowen, Inc., Class A | 1,412 | 54,291 | ||||||
Diamond Hill Investment Group, Inc. | 164 | 28,052 | ||||||
Donnelley Financial Solutions, Inc.* | 1,489 | 63,208 | ||||||
Federated Hermes, Inc., Class B | 4,723 | 160,865 | ||||||
Focus Financial Partners, Inc., Class A* | 3,120 | 122,148 | ||||||
GAMCO Investors, Inc., Class A | 257 | 5,199 | ||||||
GCM Grosvenor, Inc., Class A | 2,299 | 18,047 | ||||||
Hamilton Lane, Inc., Class A | 1,898 | 132,063 | ||||||
Hercules Capital, Inc. | 6 | 84 | ||||||
Houlihan Lokey, Inc. | 2,743 | 215,326 | ||||||
Manning & Napier, Inc. | 855 | 10,884 | ||||||
MarketWise, Inc.*(b) | 913 | 2,547 | ||||||
Moelis & Co., Class A | 3,468 | 144,477 | ||||||
Open Lending Corp., Class A* | 5,674 | 55,095 | ||||||
Oppenheimer Holdings, Inc., Class A | 475 | 17,243 | ||||||
Perella Weinberg Partners | 2,506 | 18,018 | ||||||
Piper Sandler Cos. | 934 | 107,008 | ||||||
PJT Partners, Inc., Class A | 1,291 | 89,363 | ||||||
Prospect Capital Corp. | 3 | 22 | ||||||
Pzena Investment Management, Inc., Class A | 899 | 8,558 | ||||||
Sculptor Capital Management, Inc. | 1,411 | 13,306 | ||||||
Silvercrest Asset Management Group, Inc., Class A | 534 | 9,543 | ||||||
StepStone Group, Inc., Class A | 2,835 | 77,367 | ||||||
StoneX Group, Inc.* | 925 | 85,877 | ||||||
Value Line, Inc. | 49 | 4,018 | ||||||
Victory Capital Holdings, Inc., Class A | 887 | 23,754 | ||||||
Virtus Investment Partners, Inc. | 384 | 73,440 | ||||||
WisdomTree Investments, Inc. | 7,326 | 36,703 | ||||||
2,021,052 | ||||||||
Chemicals - 1.7% | ||||||||
AdvanSix, Inc. | 1,463 | 53,048 | ||||||
American Vanguard Corp. | 1,571 | 31,310 | ||||||
Amyris, Inc.*(b) | 10,583 | 31,114 | ||||||
Aspen Aerogels, Inc.*(b) | 1,473 | 19,164 | ||||||
Avient Corp. | 4,897 | 214,636 | ||||||
Balchem Corp. | 1,715 | 226,071 | ||||||
Cabot Corp. | 2,990 | 215,190 | ||||||
Chase Corp. | 405 | 35,705 | ||||||
Danimer Scientific, Inc.*(b) | 4,873 | 21,685 | ||||||
Diversey Holdings Ltd.* | 4,202 | 25,758 | ||||||
Ecovyst, Inc.* | 3,442 | 31,804 | ||||||
FutureFuel Corp. | 1,389 | 10,126 | ||||||
GCP Applied Technologies, Inc.* | 2,676 | 84,080 | ||||||
Hawkins, Inc. | 1,041 | 39,891 | ||||||
HB Fuller Co. | 2,855 | 185,175 | ||||||
Ingevity Corp.* | 2,093 | 146,803 | ||||||
Innospec, Inc. | 1,330 | 124,302 | ||||||
Intrepid Potash, Inc.* | 600 | 28,038 | ||||||
Koppers Holdings, Inc. | 1,105 | 25,227 | ||||||
Kronos Worldwide, Inc. | 1,191 | 15,340 | ||||||
Livent Corp.* | 8,716 | 280,481 | ||||||
LSB Industries, Inc.* | 1,705 | 26,905 | ||||||
Mativ Holdings, Inc. | 2,924 | 69,065 | ||||||
Minerals Technologies, Inc. | 1,764 | 102,771 | ||||||
Origin Materials, Inc.*(b) | 5,720 | 35,750 | ||||||
Orion Engineered Carbons SA | 3,252 | 54,829 | ||||||
Perimeter Solutions SA* | 6,552 | 63,882 | ||||||
PureCycle Technologies, Inc.*(b) | 5,713 | 52,160 | ||||||
Quaker Chemical Corp. | 729 | 127,079 | ||||||
Rayonier Advanced Materials, Inc.* | 3,318 | 14,997 | ||||||
Sensient Technologies Corp. | 2,258 | 179,895 | ||||||
Stepan Co. | 1,148 | 119,656 | ||||||
Tredegar Corp. | 1,462 | 14,927 | ||||||
Trinseo plc | 1,945 | 51,601 | ||||||
Tronox Holdings plc, Class A | 6,291 | 92,037 | ||||||
Valhi, Inc. | 129 | 4,507 | ||||||
2,855,009 | ||||||||
Commercial Services & Supplies - 1.2% | ||||||||
ABM Industries, Inc. | 3,606 | 167,318 | ||||||
ACCO Brands Corp. | 5,090 | 30,184 | ||||||
ACV Auctions, Inc., Class A* | 6,065 | 51,613 | ||||||
Aris Water Solution, Inc., Class A | 1,184 | 20,128 | ||||||
Brady Corp., Class A | 2,528 | 117,653 | ||||||
BrightView Holdings, Inc.* | 2,389 | 24,177 | ||||||
Brink's Co. (The) | 2,495 | 137,924 | ||||||
Casella Waste Systems, Inc., Class A* | 2,685 | 219,982 | ||||||
Cimpress plc* | 948 | 31,834 | ||||||
CompX International, Inc. | 85 | 2,037 | ||||||
CoreCivic, Inc., REIT* | 6,492 | 61,869 | ||||||
Deluxe Corp. | 2,328 | 44,791 | ||||||
Ennis, Inc. | 1,365 | 28,979 | ||||||
GEO Group, Inc. (The)* | 6,367 | 52,082 | ||||||
Harsco Corp.* | 4,223 | 23,944 | ||||||
Healthcare Services Group, Inc. | 3,986 | 56,083 | ||||||
Heritage-Crystal Clean, Inc.* | 843 | 27,457 | ||||||
HNI Corp. | 2,271 | 72,672 | ||||||
Interface, Inc. | 3,151 | 35,197 | ||||||
KAR Auction Services, Inc.* | 6,483 | 94,652 | ||||||
Kimball International, Inc., Class B | 1,945 | 14,879 | ||||||
Li-Cycle Holdings Corp.*(b) | 7,112 | 51,278 | ||||||
Matthews International Corp., Class A | 1,645 | 41,141 | ||||||
MillerKnoll, Inc. | 4,088 | 113,156 | ||||||
Montrose Environmental Group, Inc.* | 1,478 | 59,430 | ||||||
NL Industries, Inc. | 449 | 3,956 | ||||||
Pitney Bowes, Inc. | 9,309 | 26,903 | ||||||
Quad/Graphics, Inc.* | 1,870 | 5,909 | ||||||
SP Plus Corp.* | 1,248 | 41,359 | ||||||
Steelcase, Inc., Class A | 4,635 | 51,819 | ||||||
UniFirst Corp. | 805 | 145,109 | ||||||
Viad Corp.* | 1,093 | 41,731 | ||||||
VSE Corp. | 570 | 23,854 | ||||||
1,921,100 | ||||||||
Communications Equipment - 0.7% | ||||||||
ADTRAN Holdings, Inc. | 3,783 | 87,917 | ||||||
Aviat Networks, Inc.* | 594 | 18,592 | ||||||
Calix, Inc.* | 3,053 | 179,669 | ||||||
Cambium Networks Corp.* | 618 | 12,026 | ||||||
Casa Systems, Inc.* | 1,901 | 7,376 | ||||||
Clearfield, Inc.* | 621 | 72,104 | ||||||
CommScope Holding Co., Inc.* | 11,031 | 124,650 | ||||||
Comtech Telecommunications Corp. | 1,391 | 15,704 | ||||||
Digi International, Inc.* | 1,839 | 60,889 | ||||||
DZS, Inc.* | 937 | 12,472 | ||||||
Extreme Networks, Inc.* | 6,874 | 98,505 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Harmonic, Inc.* | 4,950 | 55,737 | ||||||
Infinera Corp.* | 10,180 | 55,786 | ||||||
Inseego Corp.* | 4,631 | 12,504 | ||||||
NETGEAR, Inc.* | 1,523 | 35,928 | ||||||
NetScout Systems, Inc.* | 3,796 | 120,485 | ||||||
Ondas Holdings, Inc.*(b) | 1,837 | 8,671 | ||||||
Ribbon Communications, Inc.* | 3,887 | 13,643 | ||||||
Viavi Solutions, Inc.* | 12,240 | 172,339 | ||||||
1,164,997 | ||||||||
Construction & Engineering - 1.2% | ||||||||
Ameresco, Inc., Class A* | 1,710 | 117,733 | ||||||
API Group Corp.*(b) | 11,127 | 173,025 | ||||||
Arcosa, Inc. | 2,607 | 152,379 | ||||||
Argan, Inc. | 753 | 26,046 | ||||||
Comfort Systems USA, Inc. | 1,906 | 191,248 | ||||||
Concrete Pumping Holdings, Inc.* | 1,410 | 9,447 | ||||||
Construction Partners, Inc., Class A* | 2,145 | 62,763 | ||||||
Dycom Industries, Inc.* | 1,554 | 174,234 | ||||||
EMCOR Group, Inc. | 2,726 | 324,176 | ||||||
Fluor Corp.*(b) | 7,656 | 202,425 | ||||||
Granite Construction, Inc.(b) | 2,449 | 73,421 | ||||||
Great Lakes Dredge & Dock Corp.* | 3,515 | 33,639 | ||||||
IES Holdings, Inc.* | 475 | 14,435 | ||||||
Infrastructure and Energy Alternatives, Inc.* | 1,635 | 23,233 | ||||||
MYR Group, Inc.* | 901 | 83,739 | ||||||
Northwest Pipe Co.* | 525 | 16,622 | ||||||
NV5 Global, Inc.* | 728 | 102,473 | ||||||
Primoris Services Corp. | 2,854 | 57,851 | ||||||
Sterling Infrastructure, Inc.* | 1,574 | 39,806 | ||||||
Tutor Perini Corp.* | 2,261 | 15,330 | ||||||
1,894,025 | ||||||||
Construction Materials - 0.1% | ||||||||
Summit Materials, Inc., Class A* | 6,378 | 181,263 | ||||||
United States Lime & Minerals, Inc. | 108 | 11,101 | ||||||
192,364 | ||||||||
Consumer Finance - 0.6% | ||||||||
Atlanticus Holdings Corp.* | 231 | 6,577 | ||||||
Bread Financial Holdings, Inc. | 2,693 | 103,492 | ||||||
Consumer Portfolio Services, Inc.* | 770 | 8,963 | ||||||
Curo Group Holdings Corp. | 1,182 | 7,801 | ||||||
Encore Capital Group, Inc.* | 1,295 | 70,811 | ||||||
Enova International, Inc.* | 1,713 | 59,852 | ||||||
EZCORP, Inc., Class A* | 2,688 | 23,520 | ||||||
FirstCash Holdings, Inc. | 2,076 | 161,845 | ||||||
Green Dot Corp., Class A* | 2,612 | 52,998 | ||||||
LendingClub Corp.* | 5,444 | 71,153 | ||||||
LendingTree, Inc.* | 564 | 17,196 | ||||||
Moneylion, Inc.*(b) | 7,767 | 11,107 | ||||||
Navient Corp. | 6,247 | 96,141 | ||||||
Nelnet, Inc., Class A | 804 | 67,729 | ||||||
NerdWallet, Inc., Class A*(b) | 1,378 | 14,317 | ||||||
Oportun Financial Corp.* | 1,495 | 7,640 | ||||||
OppFi, Inc.*(b) | 720 | 1,951 | ||||||
PRA Group, Inc.* | 2,134 | 78,830 | ||||||
PROG Holdings, Inc.* | 2,911 | 53,970 | ||||||
Regional Management Corp. | 413 | 13,914 | ||||||
Sunlight Financial Holdings, Inc.*(b) | 1,304 | 3,990 | ||||||
World Acceptance Corp.*(b) | 218 | 25,340 | ||||||
959,137 | ||||||||
Containers & Packaging - 0.2% | ||||||||
Cryptyde, Inc.*(b) | 981 | 772 | ||||||
Greif, Inc., Class A | 1,390 | 93,200 | ||||||
Greif, Inc., Class B | 290 | 18,928 | ||||||
Myers Industries, Inc. | 1,952 | 37,713 | ||||||
O-I Glass, Inc.* | 8,370 | 108,894 | ||||||
Pactiv Evergreen, Inc. | 2,325 | 25,807 | ||||||
Ranpak Holdings Corp.* | 2,336 | 12,357 | ||||||
TriMas Corp. | 2,279 | 62,718 | ||||||
360,389 | ||||||||
Distributors - 0.0%(d) | ||||||||
Funko, Inc., Class A* | 1,711 | 38,104 | ||||||
Weyco Group, Inc. | 317 | 8,115 | ||||||
46,219 | ||||||||
Diversified Consumer Services - 0.8% | ||||||||
2U, Inc.*(b) | 4,016 | 28,594 | ||||||
Adtalem Global Education, Inc.* | 2,413 | 90,946 | ||||||
American Public Education, Inc.* | 1,008 | 10,413 | ||||||
Beachbody Co., Inc. (The)*(b) | 5,624 | 6,524 | ||||||
Carriage Services, Inc. | 724 | 25,637 | ||||||
Chegg, Inc.* | 6,690 | 131,659 | ||||||
Coursera, Inc.* | 6,065 | 69,747 | ||||||
Duolingo, Inc.* | 1,265 | 118,935 | ||||||
European Wax Center, Inc., Class A(b) | 1,137 | 24,593 | ||||||
Frontdoor, Inc.* | 4,454 | 104,580 | ||||||
Graham Holdings Co., Class B | 203 | 114,782 | ||||||
Laureate Education, Inc., Class A | 6,096 | 67,178 | ||||||
Nerdy, Inc.* | 2,910 | 8,905 | ||||||
OneSpaWorld Holdings Ltd.* | 3,569 | 31,443 | ||||||
Perdoceo Education Corp.* | 3,673 | 42,533 | ||||||
PowerSchool Holdings, Inc., Class A* | 2,454 | 44,172 | ||||||
Rover Group, Inc.*(b) | 4,986 | 18,997 | ||||||
StoneMor, Inc.* | 1,470 | 5,057 | ||||||
Strategic Education, Inc. | 1,236 | 79,969 | ||||||
Stride, Inc.*(b) | 2,183 | 83,260 | ||||||
Udemy, Inc.* | 3,882 | 57,686 | ||||||
Universal Technical Institute, Inc.* | 1,742 | 11,950 | ||||||
Vivint Smart Home, Inc.* | 5,102 | 31,939 | ||||||
WW International, Inc.* | 2,915 | 15,216 | ||||||
1,224,715 | ||||||||
Diversified Financial Services - 0.2% | ||||||||
Alerus Financial Corp. | 816 | 19,388 | ||||||
A-Mark Precious Metals, Inc. | 972 | 30,045 | ||||||
Banco Latinoamericano de Comercio Exterior SA, Class E | 1,479 | 21,593 | ||||||
Cannae Holdings, Inc.* | 4,065 | 87,845 | ||||||
Compass Diversified Holdings | 3,258 | 67,962 | ||||||
Jackson Financial, Inc., Class A | 4,063 | 127,009 | ||||||
SWK Holdings Corp.* | 192 | 3,356 | ||||||
357,198 | ||||||||
Diversified Telecommunication Services - 0.5% | ||||||||
Anterix, Inc.* | 652 | 27,678 | ||||||
ATN International, Inc. | 587 | 27,501 | ||||||
Bandwidth, Inc., Class A* | 1,246 | 19,313 | ||||||
Charge Enterprises, Inc.*(b) | 5,812 | 14,123 | ||||||
Cogent Communications Holdings, Inc. | 2,313 | 123,167 | ||||||
Consolidated Communications Holdings, Inc.* | 3,993 | 22,920 | ||||||
EchoStar Corp., Class A* | 1,896 | 34,906 | ||||||
Globalstar, Inc.*(b) | 36,788 | 73,576 | ||||||
IDT Corp., Class B* | 781 | 19,970 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Iridium Communications, Inc.* | 6,851 | 304,116 | ||||||
Liberty Latin America Ltd., Class A* | 2,080 | 14,560 | ||||||
Liberty Latin America Ltd., Class C* | 8,227 | 57,342 | ||||||
Ooma, Inc.* | 1,232 | 14,907 | ||||||
Radius Global Infrastructure, Inc.* | 4,017 | 55,314 | ||||||
Starry Group Holdings, Inc., Class A*(b) | 1,277 | 2,873 | ||||||
812,266 | ||||||||
Electric Utilities - 0.6% | ||||||||
ALLETE, Inc. | 3,082 | 182,393 | ||||||
MGE Energy, Inc. | 1,959 | 150,882 | ||||||
Otter Tail Corp. | 2,213 | 167,170 | ||||||
PNM Resources, Inc. | 4,597 | 218,036 | ||||||
Portland General Electric Co. | 4,811 | 248,584 | ||||||
Via Renewables, Inc.(b) | 654 | 5,579 | ||||||
972,644 | ||||||||
Electrical Equipment - 1.1% | ||||||||
Allied Motion Technologies, Inc. | 698 | 24,444 | ||||||
Array Technologies, Inc.* | 8,108 | 169,457 | ||||||
Atkore, Inc.* | 2,313 | 195,240 | ||||||
AZZ, Inc. | 1,321 | 56,288 | ||||||
Babcock & Wilcox Enterprises, Inc.* | 3,203 | 25,560 | ||||||
Blink Charging Co.*(b) | 1,986 | 42,441 | ||||||
Bloom Energy Corp., Class A* | 9,454 | 240,226 | ||||||
Encore Wire Corp. | 1,024 | 133,222 | ||||||
Energy Vault Holdings, Inc.* | 1,352 | 7,450 | ||||||
EnerSys | 2,226 | 138,836 | ||||||
Enovix Corp.* | 5,852 | 129,446 | ||||||
ESS Tech, Inc.*(b) | 4,334 | 19,243 | ||||||
Fluence Energy, Inc.*(b) | 1,932 | 38,543 | ||||||
FTC Solar, Inc.* | 2,225 | 9,211 | ||||||
FuelCell Energy, Inc.* | 19,867 | 83,243 | ||||||
GrafTech International Ltd. | 10,571 | 62,157 | ||||||
Heliogen, Inc.*(b) | 1,024 | 2,458 | ||||||
NuScale Power Corp.*(b) | 921 | 12,636 | ||||||
Powell Industries, Inc. | 492 | 12,133 | ||||||
Preformed Line Products Co. | 133 | 10,347 | ||||||
Shoals Technologies Group, Inc., Class A* | 6,016 | 158,642 | ||||||
Stem, Inc.* | 7,752 | 121,861 | ||||||
Thermon Group Holdings, Inc.* | 1,781 | 31,257 | ||||||
TPI Composites, Inc.* | 1,967 | 36,567 | ||||||
Vicor Corp.* | 1,184 | 84,230 | ||||||
1,845,138 | ||||||||
Electronic Equipment, Instruments & Components - 1.8% | ||||||||
908 Devices, Inc.* | 1,177 | 23,717 | ||||||
Advanced Energy Industries, Inc. | 2,021 | 181,466 | ||||||
Aeva Technologies, Inc.*(b) | 5,207 | 16,038 | ||||||
AEye, Inc.* | 1,417 | 2,182 | ||||||
Akoustis Technologies, Inc.* | 2,794 | 12,238 | ||||||
Arlo Technologies, Inc.* | 4,573 | 27,850 | ||||||
Badger Meter, Inc. | 1,573 | 148,947 | ||||||
Belden, Inc. | 2,361 | 154,598 | ||||||
Benchmark Electronics, Inc. | 1,879 | 51,579 | ||||||
Cepton, Inc.* | 413 | 727 | ||||||
CTS Corp. | 1,705 | 72,156 | ||||||
ePlus, Inc.* | 1,427 | 67,240 | ||||||
Evolv Technologies Holdings, Inc.*(b) | 4,517 | 10,254 | ||||||
Fabrinet* | 1,986 | 204,240 | ||||||
FARO Technologies, Inc.* | 985 | 33,047 | ||||||
Focus Universal, Inc.* | 952 | 10,234 | ||||||
Identiv, Inc.* | 1,186 | 17,695 | ||||||
Insight Enterprises, Inc.* | 1,690 | 153,993 | ||||||
Itron, Inc.* | 2,427 | 115,477 | ||||||
Kimball Electronics, Inc.* | 1,288 | 27,743 | ||||||
Knowles Corp.* | 4,819 | 73,008 | ||||||
Lightwave Logic, Inc.*(b) | 6,012 | 47,916 | ||||||
Methode Electronics, Inc. | 1,951 | 78,937 | ||||||
MicroVision, Inc.*(b) | 8,904 | 43,095 | ||||||
Mirion Technologies, Inc.* | 7,367 | 55,768 | ||||||
Napco Security Technologies, Inc.* | 1,580 | 46,863 | ||||||
nLight, Inc.* | 2,361 | 29,489 | ||||||
Novanta, Inc.* | 1,912 | 255,615 | ||||||
OSI Systems, Inc.* | 870 | 72,488 | ||||||
Ouster, Inc.*(b) | 7,339 | 11,008 | ||||||
PAR Technology Corp.* | 1,427 | 50,230 | ||||||
PC Connection, Inc. | 606 | 30,106 | ||||||
Plexus Corp.* | 1,477 | 138,439 | ||||||
Rogers Corp.* | 1,010 | 253,025 | ||||||
Sanmina Corp.* | 3,230 | 156,720 | ||||||
ScanSource, Inc.* | 1,379 | 39,950 | ||||||
SmartRent, Inc.*(b) | 6,399 | 20,669 | ||||||
TTM Technologies, Inc.* | 5,451 | 85,744 | ||||||
Velodyne Lidar, Inc.* | 10,378 | 12,972 | ||||||
Vishay Intertechnology, Inc. | 7,112 | 139,893 | ||||||
Vishay Precision Group, Inc.* | 667 | 22,885 | ||||||
2,996,241 | ||||||||
Energy Equipment & Services - 1.2% | ||||||||
Archrock, Inc. | 7,280 | 53,799 | ||||||
Borr Drilling Ltd.* | 7,223 | 28,964 | ||||||
Bristow Group, Inc.* | 1,273 | 36,930 | ||||||
Cactus, Inc., Class A | 3,170 | 126,642 | ||||||
ChampionX Corp. | 10,989 | 239,670 | ||||||
Diamond Offshore Drilling, Inc.* | 5,370 | 38,181 | ||||||
DMC Global, Inc.* | 1,011 | 22,566 | ||||||
Dril-Quip, Inc.* | 1,834 | 40,586 | ||||||
Expro Group Holdings NV* | 4,169 | 56,365 | ||||||
Helix Energy Solutions Group, Inc.* | 7,689 | 33,216 | ||||||
Helmerich & Payne, Inc. | 5,530 | 236,408 | ||||||
Liberty Energy, Inc., Class A* | 7,679 | 115,185 | ||||||
Nabors Industries Ltd.* | 488 | 64,665 | ||||||
National Energy Services Reunited Corp.* | 2,051 | 14,398 | ||||||
Newpark Resources, Inc.* | 4,554 | 13,116 | ||||||
NexTier Oilfield Solutions, Inc.* | 9,446 | 88,509 | ||||||
Noble Corp.* | 2,023 | 61,398 | ||||||
Oceaneering International, Inc.* | 5,379 | 47,604 | ||||||
Oil States International, Inc.*(b) | 3,277 | 16,057 | ||||||
Patterson-UTI Energy, Inc. | 11,538 | 171,916 | ||||||
ProPetro Holding Corp.* | 4,698 | 43,034 | ||||||
RPC, Inc. | 3,998 | 31,784 | ||||||
Select Energy Services, Inc., Class A* | 3,840 | 27,302 | ||||||
Solaris Oilfield Infrastructure, Inc., Class A | 1,699 | 18,179 | ||||||
TETRA Technologies, Inc.* | 6,693 | 26,638 | ||||||
Tidewater, Inc.* | 2,050 | 45,428 | ||||||
US Silica Holdings, Inc.* | 3,986 | 55,924 | ||||||
Valaris Ltd.* | 3,277 | 167,061 | ||||||
Weatherford International plc* | 3,802 | 106,988 | ||||||
2,028,513 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Entertainment - 0.3% | ||||||||
Chicken Soup For The Soul Entertainment, Inc.* | 1 | 9 | ||||||
Cinemark Holdings, Inc.* | 5,861 | 82,523 | ||||||
IMAX Corp.* | 2,639 | 41,379 | ||||||
Liberty Media Corp.-Liberty Braves, Class A* | 538 | 15,118 | ||||||
Liberty Media Corp.-Liberty Braves, Class C* | 2,026 | 55,391 | ||||||
Lions Gate Entertainment Corp., Class A* | 3,134 | 30,870 | ||||||
Lions Gate Entertainment Corp., Class B* | 6,275 | 58,546 | ||||||
Madison Square Garden Entertainment Corp.*(b) | 1,385 | 76,951 | ||||||
Marcus Corp. (The)(b) | 1,280 | 20,595 | ||||||
Playstudios, Inc.* | 4,257 | 15,410 | ||||||
Reservoir Media, Inc.*(b) | 1,101 | 7,211 | ||||||
Skillz, Inc.*(b) | 16,431 | 21,853 | ||||||
425,856 | ||||||||
Equity Real Estate Investment Trusts (REITs) - 4.7% | ||||||||
Acadia Realty Trust | 5,010 | 79,809 | ||||||
Agree Realty Corp.(b) | 3,993 | 300,753 | ||||||
Alexander & Baldwin, Inc. | 3,896 | 72,972 | ||||||
Alexander's, Inc. | 116 | 27,480 | ||||||
American Assets Trust, Inc. | 2,656 | 73,731 | ||||||
Apartment Investment and Management Co., Class A*(b) | 8,054 | 71,197 | ||||||
Apple Hospitality REIT, Inc. | 11,573 | 184,126 | ||||||
Armada Hoffler Properties, Inc. | 3,610 | 47,399 | ||||||
Ashford Hospitality Trust, Inc.* | 1,849 | 16,974 | ||||||
Bluerock Residential Growth REIT, Inc. | 1,543 | 41,121 | ||||||
Braemar Hotels & Resorts, Inc. | 3,678 | 18,942 | ||||||
Brandywine Realty Trust | 9,131 | 73,322 | ||||||
Broadstone Net Lease, Inc. | 9,104 | 174,251 | ||||||
BRT Apartments Corp. | 638 | 15,229 | ||||||
CareTrust REIT, Inc. | 5,195 | 111,900 | ||||||
CatchMark Timber Trust, Inc., Class A | 2,635 | 28,063 | ||||||
CBL & Associates Properties, Inc. | 1,432 | 41,442 | ||||||
Centerspace | 826 | 62,264 | ||||||
Chatham Lodging Trust* | 2,579 | 31,361 | ||||||
City Office REIT, Inc. | 2,297 | 26,530 | ||||||
Clipper Realty, Inc. | 643 | 5,408 | ||||||
Community Healthcare Trust, Inc. | 1,275 | 47,035 | ||||||
Corporate Office Properties Trust | 6,059 | 156,565 | ||||||
CTO Realty Growth, Inc. | 955 | 20,160 | ||||||
DiamondRock Hospitality Co.* | 11,281 | 98,483 | ||||||
Diversified Healthcare Trust | 12,788 | 18,670 | ||||||
Easterly Government Properties, Inc. | 4,903 | 88,009 | ||||||
Empire State Realty Trust, Inc., Class A | 7,430 | 51,787 | ||||||
Equity Commonwealth* | 5,804 | 152,703 | ||||||
Essential Properties Realty Trust, Inc. | 7,021 | 158,955 | ||||||
Farmland Partners, Inc. | 2,463 | 35,738 | ||||||
Four Corners Property Trust, Inc. | 4,312 | 115,950 | ||||||
Franklin Street Properties Corp. | 5,308 | 14,915 | ||||||
Getty Realty Corp. | 2,269 | 68,252 | ||||||
Gladstone Commercial Corp. | 2,061 | 39,303 | ||||||
Gladstone Land Corp. | 1,733 | 40,743 | ||||||
Global Medical REIT, Inc. | 3,282 | 35,577 | ||||||
Global Net Lease, Inc. | 5,606 | 77,195 | ||||||
Hersha Hospitality Trust* | 1,689 | 16,383 | ||||||
Independence Realty Trust, Inc. | 11,924 | 231,922 | ||||||
Indus Realty Trust, Inc. | 288 | 17,689 | ||||||
Industrial Logistics Properties Trust | 3,495 | 26,178 | ||||||
Innovative Industrial Properties, Inc. | 1,493 | 136,938 | ||||||
InvenTrust Properties Corp. | 3,645 | 95,718 | ||||||
iStar, Inc. | 3,563 | 49,062 | ||||||
Kite Realty Group Trust | 11,720 | 226,899 | ||||||
LTC Properties, Inc. | 2,094 | 94,000 | ||||||
LXP Industrial Trust(b) | 15,217 | 153,083 | ||||||
Macerich Co. (The) | 11,584 | 110,859 | ||||||
National Health Investors, Inc. | 2,374 | 155,521 | ||||||
Necessity Retail REIT, Inc. (The) | 7,187 | 53,615 | ||||||
NETSTREIT Corp.(b) | 2,588 | 50,880 | ||||||
NexPoint Residential Trust, Inc. | 1,221 | 64,493 | ||||||
Office Properties Income Trust | 2,579 | 45,313 | ||||||
One Liberty Properties, Inc. | 878 | 21,204 | ||||||
Orion Office REIT, Inc. | 3,069 | 30,291 | ||||||
Outfront Media, Inc. | 7,875 | 139,387 | ||||||
Paramount Group, Inc. | 10,038 | 69,563 | ||||||
Pebblebrook Hotel Trust | 6,987 | 123,111 | ||||||
Phillips Edison & Co., Inc. | 6,150 | 200,920 | ||||||
Physicians Realty Trust | 12,102 | 201,619 | ||||||
Piedmont Office Realty Trust, Inc., Class A | 6,612 | 77,889 | ||||||
Plymouth Industrial REIT, Inc. | 2,026 | 41,067 | ||||||
Postal Realty Trust, Inc., Class A | 952 | 14,137 | ||||||
PotlatchDeltic Corp. | 3,674 | 170,547 | ||||||
Retail Opportunity Investments Corp. | 6,485 | 108,624 | ||||||
RLJ Lodging Trust | 8,844 | 106,659 | ||||||
RPT Realty | 4,490 | 43,239 | ||||||
Ryman Hospitality Properties, Inc.* | 2,896 | 238,109 | ||||||
Sabra Health Care REIT, Inc. | 12,415 | 185,853 | ||||||
Safehold, Inc. | 1,167 | 44,381 | ||||||
Saul Centers, Inc. | 636 | 28,168 | ||||||
Service Properties Trust | 8,833 | 60,418 | ||||||
SITE Centers Corp. | 10,474 | 135,743 | ||||||
STAG Industrial, Inc. | 9,705 | 298,914 | ||||||
Summit Hotel Properties, Inc. | 5,635 | 44,291 | ||||||
Sunstone Hotel Investors, Inc.* | 11,565 | 125,943 | ||||||
Tanger Factory Outlet Centers, Inc. | 5,453 | 84,085 | ||||||
Terreno Realty Corp. | 3,997 | 243,777 | ||||||
UMH Properties, Inc. | 2,663 | 48,041 | ||||||
Uniti Group, Inc. | 12,764 | 119,854 | ||||||
Universal Health Realty Income Trust | 690 | 35,114 | ||||||
Urban Edge Properties | 6,154 | 96,802 | ||||||
Urstadt Biddle Properties, Inc., Class A | 1,599 | 26,735 | ||||||
Veris Residential, Inc.* | 4,633 | 62,268 | ||||||
Washington REIT | 4,703 | 92,226 | ||||||
Whitestone REIT | 2,514 | 24,738 | ||||||
Xenia Hotels & Resorts, Inc.* | 6,153 | 97,587 | ||||||
7,694,171 | ||||||||
Food & Staples Retailing - 0.5% | ||||||||
Andersons, Inc. (The) | 1,723 | 63,803 | ||||||
Chefs' Warehouse, Inc. (The)* | 1,834 | 61,145 | ||||||
HF Foods Group, Inc.* | 1,943 | 9,890 | ||||||
Ingles Markets, Inc., Class A | 766 | 67,048 | ||||||
Natural Grocers by Vitamin Cottage, Inc. | 497 | 7,137 | ||||||
PriceSmart, Inc. | 1,324 | 83,769 | ||||||
Rite Aid Corp.* | 2,935 | 21,073 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
SpartanNash Co. | 1,921 | 58,456 | ||||||
Sprouts Farmers Market, Inc.* | 5,902 | 170,568 | ||||||
United Natural Foods, Inc.* | 3,126 | 137,794 | ||||||
Village Super Market, Inc., Class A | 456 | 10,023 | ||||||
Weis Markets, Inc. | 884 | 68,696 | ||||||
759,402 | ||||||||
Food Products - 1.0% | ||||||||
Alico, Inc. | 338 | 11,475 | ||||||
AppHarvest, Inc.*(b) | 3,838 | 11,054 | ||||||
B&G Foods, Inc.(b) | 3,659 | 79,254 | ||||||
Benson Hill, Inc.*(b) | 9,204 | 32,674 | ||||||
Beyond Meat, Inc.*(b) | 3,300 | 80,520 | ||||||
BRC, Inc., Class A* | 1,380 | 13,455 | ||||||
Calavo Growers, Inc. | 928 | 39,013 | ||||||
Cal-Maine Foods, Inc. | 2,040 | 109,364 | ||||||
Fresh Del Monte Produce, Inc. | 1,642 | 44,892 | ||||||
Hain Celestial Group, Inc. (The)* | 4,044 | 81,931 | ||||||
Hostess Brands, Inc.* | 7,416 | 171,903 | ||||||
J & J Snack Foods Corp. | 818 | 121,907 | ||||||
John B Sanfilippo & Son, Inc. | 481 | 38,831 | ||||||
Lancaster Colony Corp. | 1,045 | 176,135 | ||||||
Landec Corp.* | 1,408 | 14,784 | ||||||
Local Bounti Corp.*(b) | 1,006 | 3,742 | ||||||
Mission Produce, Inc.* | 2,156 | 34,712 | ||||||
Seneca Foods Corp., Class A* | 315 | 16,642 | ||||||
Simply Good Foods Co. (The)* | 4,844 | 147,984 | ||||||
Sovos Brands, Inc.* | 1,530 | 23,363 | ||||||
SunOpta, Inc.* | 5,251 | 52,142 | ||||||
Tattooed Chef, Inc.*(b) | 2,633 | 17,536 | ||||||
Tootsie Roll Industries, Inc. | 818 | 29,309 | ||||||
TreeHouse Foods, Inc.* | 2,737 | 127,544 | ||||||
Utz Brands, Inc. | 3,534 | 58,877 | ||||||
Vital Farms, Inc.* | 1,607 | 20,811 | ||||||
Whole Earth Brands, Inc.* | 2,185 | 11,165 | ||||||
1,571,019 | ||||||||
Gas Utilities - 1.0% | ||||||||
Brookfield Infrastructure Corp., Class A(b) | 5,266 | 250,662 | ||||||
Chesapeake Utilities Corp. | 936 | 118,217 | ||||||
New Jersey Resources Corp. | 5,178 | 228,557 | ||||||
Northwest Natural Holding Co. | 1,834 | 87,317 | ||||||
ONE Gas, Inc. | 2,891 | 226,279 | ||||||
South Jersey Industries, Inc. | 6,605 | 223,579 | ||||||
Southwest Gas Holdings, Inc. | 3,550 | 276,367 | ||||||
Spire, Inc. | 2,742 | 191,638 | ||||||
1,602,616 | ||||||||
Health Care Equipment & Supplies - 3.3% | ||||||||
Alphatec Holdings, Inc.* | 3,789 | 28,759 | ||||||
AngioDynamics, Inc.* | 2,001 | 44,302 | ||||||
Artivion, Inc.* | 2,094 | 46,403 | ||||||
AtriCure, Inc.* | 2,453 | 111,906 | ||||||
Atrion Corp. | 75 | 45,296 | ||||||
Avanos Medical, Inc.* | 2,535 | 62,437 | ||||||
Axogen, Inc.* | 2,181 | 20,436 | ||||||
Axonics, Inc.* | 2,526 | 182,504 | ||||||
BioLife Solutions, Inc.* | 1,813 | 42,805 | ||||||
Bioventus, Inc., Class A*(b) | 1,700 | 12,427 | ||||||
Butterfly Network, Inc.*(b) | 7,146 | 44,520 | ||||||
Cardiovascular Systems, Inc.* | 2,136 | 28,217 | ||||||
Cerus Corp.* | 9,280 | 38,141 | ||||||
CONMED Corp. | 1,519 | 134,538 | ||||||
CryoPort, Inc.* | 2,394 | 78,188 | ||||||
Cue Health, Inc.* | 5,792 | 19,287 | ||||||
Cutera, Inc.* | 892 | 42,593 | ||||||
Embecta Corp. | 3,083 | 98,409 | ||||||
Figs, Inc., Class A* | 6,859 | 79,290 | ||||||
Glaukos Corp.* | 2,460 | 119,433 | ||||||
Haemonetics Corp.* | 2,732 | 204,982 | ||||||
Heska Corp.* | 520 | 47,356 | ||||||
Inari Medical, Inc.* | 2,594 | 179,894 | ||||||
Inogen, Inc.* | 1,235 | 35,358 | ||||||
Inspire Medical Systems, Inc.*(b) | 1,463 | 280,150 | ||||||
Integer Holdings Corp.* | 1,771 | 111,697 | ||||||
iRadimed Corp. | 384 | 12,883 | ||||||
iRhythm Technologies, Inc.* | 1,606 | 236,805 | ||||||
Lantheus Holdings, Inc.* | 3,675 | 289,590 | ||||||
LeMaitre Vascular, Inc. | 1,049 | 51,800 | ||||||
LivaNova plc* | 2,886 | 162,337 | ||||||
Meridian Bioscience, Inc.* | 2,312 | 75,348 | ||||||
Merit Medical Systems, Inc.* | 3,005 | 177,986 | ||||||
Mesa Laboratories, Inc. | 272 | 46,474 | ||||||
Nano-X Imaging Ltd.* | 2,261 | 30,094 | ||||||
Neogen Corp.*(b) | 5,821 | 121,659 | ||||||
Nevro Corp.* | 1,876 | 85,020 | ||||||
NuVasive, Inc.* | 2,816 | 119,708 | ||||||
Omnicell, Inc.* | 2,362 | 241,609 | ||||||
OraSure Technologies, Inc.* | 3,927 | 16,061 | ||||||
Orthofix Medical, Inc.* | 1,040 | 20,696 | ||||||
OrthoPediatrics Corp.* | 774 | 37,996 | ||||||
Outset Medical, Inc.* | 2,579 | 47,170 | ||||||
Owlet, Inc.*(b) | 882 | 1,429 | ||||||
Paragon 28, Inc.*(b) | 2,480 | 43,524 | ||||||
PROCEPT BioRobotics Corp.* | 1,377 | 55,741 | ||||||
Pulmonx Corp.*(b) | 1,840 | 33,801 | ||||||
RxSight, Inc.*(b) | 1,106 | 13,836 | ||||||
SeaSpine Holdings Corp.* | 1,904 | 12,186 | ||||||
Senseonics Holdings, Inc.*(b) | 24,629 | 43,840 | ||||||
Shockwave Medical, Inc.* | 1,915 | 568,487 | ||||||
SI-BONE, Inc.* | 1,804 | 29,766 | ||||||
Sight Sciences, Inc.* | 1,158 | 8,071 | ||||||
Silk Road Medical, Inc.* | 1,857 | 73,964 | ||||||
STAAR Surgical Co.* | 2,580 | 244,042 | ||||||
Surmodics, Inc.* | 735 | 24,762 | ||||||
Tactile Systems Technology, Inc.* | 1,041 | 8,588 | ||||||
Tenon Medical, Inc.* | 169 | 340 | ||||||
TransMedics Group, Inc.* | 1,445 | 75,183 | ||||||
Treace Medical Concepts, Inc.* | 1,794 | 35,934 | ||||||
UFP Technologies, Inc.* | 366 | 34,034 | ||||||
Utah Medical Products, Inc. | 185 | 17,001 | ||||||
Varex Imaging Corp.* | 2,077 | 43,804 | ||||||
Vicarious Surgical, Inc.*(b) | 2,930 | 10,929 | ||||||
ViewRay, Inc.* | 7,958 | 27,216 | ||||||
Zimvie, Inc.* | 1,118 | 17,016 | ||||||
Zynex, Inc. | 1,208 | 10,800 | ||||||
5,346,858 | ||||||||
Health Care Providers & Services - 2.4% | ||||||||
1Life Healthcare, Inc.* | 9,698 | 166,903 | ||||||
23andMe Holding Co.*(b) | 9,241 | 31,142 | ||||||
Accolade, Inc.* | 3,142 | 31,986 | ||||||
AdaptHealth Corp.* | 3,885 | 69,813 | ||||||
Addus HomeCare Corp.* | 831 | 74,142 | ||||||
Agiliti, Inc.* | 1,477 | 23,721 | ||||||
AirSculpt Technologies, Inc. | 665 | 5,799 | ||||||
Alignment Healthcare, Inc.* | 4,537 | 69,008 | ||||||
AMN Healthcare Services, Inc.*(b) | 2,406 | 246,952 | ||||||
Apollo Medical Holdings, Inc.* | 2,094 | 90,314 | ||||||
ATI Physical Therapy, Inc.*(b) | 4,019 | 3,617 | ||||||
Aveanna Healthcare Holdings, Inc.* | 2,390 | 4,350 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Brookdale Senior Living, Inc.* | 10,002 | 44,009 | ||||||
Cano Health, Inc.* | 8,706 | 53,716 | ||||||
CareMax, Inc.* | 3,207 | 21,936 | ||||||
Castle Biosciences, Inc.* | 1,278 | 37,062 | ||||||
Clover Health Investments Corp.*(b) | 20,514 | 53,542 | ||||||
Community Health Systems, Inc.* | 6,723 | 17,883 | ||||||
CorVel Corp.* | 483 | 75,049 | ||||||
Covetrus, Inc.* | 5,692 | 118,792 | ||||||
Cross Country Healthcare, Inc.* | 1,969 | 49,973 | ||||||
DocGo, Inc.* | 4,331 | 44,176 | ||||||
Ensign Group, Inc. (The) | 2,898 | 247,199 | ||||||
Fulgent Genetics, Inc.* | 1,158 | 50,338 | ||||||
Hanger, Inc.* | 2,037 | 37,949 | ||||||
HealthEquity, Inc.* | 4,464 | 294,981 | ||||||
Hims & Hers Health, Inc.* | 6,526 | 41,505 | ||||||
Innovage Holding Corp.*(b) | 1,028 | 3,773 | ||||||
Invitae Corp.* | 12,376 | 37,623 | ||||||
Joint Corp. (The)* | 755 | 13,771 | ||||||
LHC Group, Inc.* | 1,604 | 258,998 | ||||||
LifeStance Health Group, Inc.* | 3,885 | 24,437 | ||||||
ModivCare, Inc.* | 682 | 73,874 | ||||||
National HealthCare Corp. | 675 | 46,879 | ||||||
National Research Corp. | 770 | 26,265 | ||||||
Oncology Institute, Inc. (The)*(b) | 1,010 | 6,413 | ||||||
OPKO Health, Inc.* | 21,708 | 47,323 | ||||||
Option Care Health, Inc.* | 8,319 | 257,556 | ||||||
Owens & Minor, Inc. | 3,970 | 117,155 | ||||||
P3 Health Partners, Inc.*(b) | 1,366 | 6,721 | ||||||
Patterson Cos., Inc. | 4,687 | 130,720 | ||||||
Pediatrix Medical Group, Inc.* | 4,623 | 82,382 | ||||||
Pennant Group, Inc. (The)* | 1,404 | 22,001 | ||||||
PetIQ, Inc.* | 1,473 | 13,758 | ||||||
Privia Health Group, Inc.* | 2,332 | 92,790 | ||||||
Progyny, Inc.* | 4,023 | 161,765 | ||||||
R1 RCM, Inc.* | 7,267 | 158,784 | ||||||
RadNet, Inc.* | 2,633 | 52,897 | ||||||
Select Medical Holdings Corp. | 5,810 | 148,968 | ||||||
Sema4 Holdings Corp.*(b) | 8,496 | 8,666 | ||||||
Surgery Partners, Inc.*(b) | 2,134 | 58,749 | ||||||
US Physical Therapy, Inc. | 691 | 57,083 | ||||||
3,915,208 | ||||||||
Health Care Technology - 0.5% | ||||||||
Allscripts Healthcare Solutions, Inc.* | 6,128 | 104,176 | ||||||
American Well Corp., Class A*(b) | 12,334 | 56,120 | ||||||
Babylon Holdings Ltd., Class A*(b) | 5,852 | 4,173 | ||||||
Computer Programs and Systems, Inc.* | 768 | 23,432 | ||||||
Convey Health Solutions Holdings, Inc.* | 868 | 9,105 | ||||||
Evolent Health, Inc., Class A* | 4,408 | 161,994 | ||||||
Health Catalyst, Inc.* | 2,907 | 34,884 | ||||||
HealthStream, Inc.* | 1,300 | 28,769 | ||||||
Multiplan Corp.* | 20,320 | 71,526 | ||||||
NextGen Healthcare, Inc.* | 2,992 | 51,283 | ||||||
Nutex Health, Inc.*(b) | 2,084 | 5,606 | ||||||
OptimizeRx Corp.* | 951 | 15,092 | ||||||
Phreesia, Inc.* | 2,640 | 67,742 | ||||||
Schrodinger, Inc.* | 2,902 | 79,631 | ||||||
Sharecare, Inc.*(b) | 3,295 | 6,030 | ||||||
Simulations Plus, Inc. | 839 | 50,382 | ||||||
769,945 | ||||||||
Hotels, Restaurants & Leisure - 1.8% | ||||||||
Accel Entertainment, Inc.* | 3,159 | 29,726 | ||||||
Bally's Corp.*(b) | 2,144 | 50,791 | ||||||
Biglari Holdings, Inc., Class B* | 40 | 5,394 | ||||||
BJ's Restaurants, Inc.* | 1,220 | 30,598 | ||||||
Bloomin' Brands, Inc. | 4,750 | 96,045 | ||||||
Bluegreen Vacations Holding Corp. | 690 | 14,380 | ||||||
Bowlero Corp.*(b) | 2,093 | 24,739 | ||||||
Brinker International, Inc.* | 2,336 | 57,255 | ||||||
Century Casinos, Inc.* | 1,466 | 10,804 | ||||||
Cheesecake Factory, Inc. (The) | 2,676 | 81,939 | ||||||
Chuy's Holdings, Inc.* | 1,014 | 22,643 | ||||||
Cracker Barrel Old Country Store, Inc. | 1,248 | 134,709 | ||||||
Dave & Buster's Entertainment, Inc.* | 2,310 | 95,495 | ||||||
Denny's Corp.* | 3,230 | 30,524 | ||||||
Dine Brands Global, Inc. | 848 | 56,477 | ||||||
El Pollo Loco Holdings, Inc.* | 1,050 | 9,503 | ||||||
Everi Holdings, Inc.* | 4,726 | 87,431 | ||||||
F45 Training Holdings, Inc.*(b) | 1,950 | 4,875 | ||||||
First Watch Restaurant Group, Inc.* | 534 | 8,955 | ||||||
Full House Resorts, Inc.* | 1,768 | 11,916 | ||||||
Golden Entertainment, Inc.* | 1,100 | 42,086 | ||||||
Hilton Grand Vacations, Inc.* | 4,823 | 196,682 | ||||||
Inspirato, Inc.* | 549 | 1,532 | ||||||
Inspired Entertainment, Inc.* | 1,191 | 12,470 | ||||||
International Game Technology plc | 5,361 | 96,176 | ||||||
Jack in the Box, Inc. | 1,139 | 90,961 | ||||||
Krispy Kreme, Inc.(b) | 3,863 | 45,390 | ||||||
Kura Sushi USA, Inc., Class A* | 249 | 18,615 | ||||||
Life Time Group Holdings, Inc.* | 2,262 | 26,805 | ||||||
Light & Wonder, Inc.* | 5,263 | 259,097 | ||||||
Lindblad Expeditions Holdings, Inc.* | 1,732 | 13,388 | ||||||
Monarch Casino & Resort, Inc.* | 715 | 43,179 | ||||||
NEOGAMES SA* | 706 | 11,289 | ||||||
Noodles & Co., Class A* | 2,197 | 10,436 | ||||||
ONE Group Hospitality, Inc. (The)* | 1,213 | 8,661 | ||||||
Papa John's International, Inc. | 1,776 | 143,554 | ||||||
Portillo's, Inc., Class A*(b) | 1,068 | 23,517 | ||||||
RCI Hospitality Holdings, Inc.(b) | 476 | 31,040 | ||||||
Red Rock Resorts, Inc., Class A | 2,869 | 109,653 | ||||||
Rush Street Interactive, Inc.*(b) | 3,265 | 15,803 | ||||||
Ruth's Hospitality Group, Inc. | 1,756 | 31,994 | ||||||
SeaWorld Entertainment, Inc.* | 2,431 | 122,158 | ||||||
Shake Shack, Inc., Class A* | 2,016 | 96,083 | ||||||
Sonder Holdings, Inc.* | 2,343 | 4,358 | ||||||
Sweetgreen, Inc., Class A* | 725 | 12,260 | ||||||
Target Hospitality Corp.*(b) | 1,643 | 21,835 | ||||||
Texas Roadhouse, Inc. | 3,677 | 326,371 | ||||||
Vacasa, Inc., Class A* | 2,195 | 8,780 | ||||||
Wingstop, Inc. | 1,611 | 183,428 | ||||||
Xponential Fitness, Inc., Class A* | 912 | 16,717 | ||||||
2,888,517 | ||||||||
Household Durables - 1.2% | ||||||||
Aterian, Inc.* | 3,272 | 7,460 | ||||||
Beazer Homes USA, Inc.* | 1,603 | 22,827 | ||||||
Cavco Industries, Inc.* | 493 | 115,367 | ||||||
Century Communities, Inc. | 1,573 | 73,443 | ||||||
Dream Finders Homes, Inc., Class A*(b) | 1,127 | 13,918 | ||||||
Ethan Allen Interiors, Inc. | 1,217 | 28,928 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
GoPro, Inc., Class A* | 7,032 | 42,825 | ||||||
Green Brick Partners, Inc.* | 1,535 | 37,393 | ||||||
Helen of Troy Ltd.* | 1,278 | 157,999 | ||||||
Hovnanian Enterprises, Inc., Class A* | 277 | 11,105 | ||||||
Installed Building Products, Inc. | 1,305 | 118,181 | ||||||
iRobot Corp.*(b) | 1,444 | 85,023 | ||||||
KB Home | 4,304 | 123,310 | ||||||
Landsea Homes Corp.* | 561 | 3,759 | ||||||
La-Z-Boy, Inc. | 2,312 | 61,014 | ||||||
Legacy Housing Corp.* | 470 | 8,032 | ||||||
LGI Homes, Inc.*(b) | 1,122 | 106,489 | ||||||
Lifetime Brands, Inc. | 689 | 6,146 | ||||||
Lovesac Co. (The)* | 749 | 23,107 | ||||||
M/I Homes, Inc.* | 1,478 | 63,909 | ||||||
MDC Holdings, Inc. | 3,077 | 95,633 | ||||||
Meritage Homes Corp.* | 1,953 | 153,018 | ||||||
Purple Innovation, Inc.*(b) | 2,950 | 8,437 | ||||||
Skyline Champion Corp.* | 2,869 | 162,586 | ||||||
Snap One Holdings Corp.*(b) | 969 | 10,843 | ||||||
Sonos, Inc.* | 6,863 | 103,219 | ||||||
Taylor Morrison Home Corp., Class A* | 6,213 | 156,008 | ||||||
Traeger, Inc.* | 1,720 | 4,541 | ||||||
Tri Pointe Homes, Inc.* | 5,522 | 95,696 | ||||||
Tupperware Brands Corp.* | 2,446 | 27,493 | ||||||
Universal Electronics, Inc.* | 651 | 14,472 | ||||||
Vizio Holding Corp., Class A*(b) | 3,648 | 39,107 | ||||||
Vuzix Corp.*(b) | 3,191 | 23,964 | ||||||
Weber, Inc., Class A(b) | 1,453 | 10,432 | ||||||
2,015,684 | ||||||||
Household Products - 0.2% | ||||||||
Central Garden & Pet Co.* | 530 | 21,157 | ||||||
Central Garden & Pet Co., Class A* | 2,193 | 82,808 | ||||||
Energizer Holdings, Inc. | 3,587 | 100,795 | ||||||
WD-40 Co. | 736 | 139,222 | ||||||
343,982 | ||||||||
Independent Power and Renewable Electricity Producers - 0.4% | ||||||||
Altus Power, Inc.* | 2,251 | 23,591 | ||||||
Clearway Energy, Inc., Class A | 1,873 | 64,581 | ||||||
Clearway Energy, Inc., Class C(b) | 4,413 | 163,722 | ||||||
Montauk Renewables, Inc.* | 3,463 | 61,468 | ||||||
Ormat Technologies, Inc. | 2,440 | 228,091 | ||||||
Sunnova Energy International, Inc.*(b) | 5,340 | 134,675 | ||||||
676,128 | ||||||||
Industrial Conglomerates - 0.0%(d) | ||||||||
Brookfield Business Corp., Class A(b) | 1,398 | 33,999 | ||||||
Insurance - 1.6% | ||||||||
Ambac Financial Group, Inc.* | 2,464 | 37,182 | ||||||
American Equity Investment Life Holding Co. | 4,192 | 159,296 | ||||||
AMERISAFE, Inc. | 1,029 | 49,207 | ||||||
Argo Group International Holdings Ltd. | 1,707 | 33,508 | ||||||
Bright Health Group, Inc.*(b) | 10,376 | 15,668 | ||||||
BRP Group, Inc., Class A* | 3,146 | 98,784 | ||||||
CNO Financial Group, Inc. | 6,184 | 113,847 | ||||||
Crawford & Co., Class A | 905 | 5,502 | ||||||
Donegal Group, Inc., Class A | 808 | 11,732 | ||||||
eHealth, Inc.* | 1,310 | 8,384 | ||||||
Employers Holdings, Inc. | 1,485 | 58,153 | ||||||
Enstar Group Ltd.* | 622 | 117,714 | ||||||
Genworth Financial, Inc., Class A* | 27,375 | 115,523 | ||||||
Goosehead Insurance, Inc., Class A* | 1,024 | 53,248 | ||||||
Greenlight Capital Re Ltd., Class A* | 1,405 | 11,085 | ||||||
HCI Group, Inc.(b) | 389 | 18,590 | ||||||
Hippo Holdings, Inc.* | 13,686 | 13,275 | ||||||
Horace Mann Educators Corp. | 2,237 | 80,018 | ||||||
Investors Title Co. | 70 | 10,315 | ||||||
James River Group Holdings Ltd. | 1,977 | 46,974 | ||||||
Kinsale Capital Group, Inc. | 1,164 | 295,167 | ||||||
Lemonade, Inc.*(b) | 2,166 | 47,912 | ||||||
MBIA, Inc.* | 2,584 | 30,465 | ||||||
Mercury General Corp. | 1,439 | 45,904 | ||||||
National Western Life Group, Inc., Class A | 121 | 23,028 | ||||||
NI Holdings, Inc.* | 454 | 5,961 | ||||||
Oscar Health, Inc., Class A* | 6,353 | 42,120 | ||||||
Palomar Holdings, Inc.* | 1,307 | 103,632 | ||||||
ProAssurance Corp. | 2,900 | 62,031 | ||||||
RLI Corp. | 2,100 | 230,496 | ||||||
Root, Inc., Class A*(b) | 416 | 5,154 | ||||||
Safety Insurance Group, Inc. | 767 | 69,068 | ||||||
Selective Insurance Group, Inc. | 3,209 | 254,859 | ||||||
Selectquote, Inc.* | 7,185 | 7,975 | ||||||
SiriusPoint Ltd.* | 4,953 | 22,140 | ||||||
Stewart Information Services Corp. | 1,443 | 73,074 | ||||||
Tiptree, Inc. | 1,280 | 15,296 | ||||||
Trean Insurance Group, Inc.* | 1,214 | 5,402 | ||||||
Trupanion, Inc.* | 2,097 | 148,006 | ||||||
United Fire Group, Inc. | 1,148 | 33,786 | ||||||
Universal Insurance Holdings, Inc. | 1,406 | 16,788 | ||||||
2,596,269 | ||||||||
Interactive Media & Services - 0.6% | ||||||||
Arena Group Holdings, Inc. (The)*(b) | 610 | 6,417 | ||||||
Bumble, Inc., Class A* | 4,639 | 116,207 | ||||||
Cargurus, Inc.* | 5,491 | 102,682 | ||||||
Cars.com, Inc.* | 3,726 | 47,506 | ||||||
DHI Group, Inc.* | 2,298 | 11,720 | ||||||
Eventbrite, Inc., Class A* | 4,146 | 29,478 | ||||||
EverQuote, Inc., Class A* | 1,041 | 9,005 | ||||||
fuboTV, Inc.*(b) | 9,577 | 34,669 | ||||||
Leafly Holdings, Inc.* | 234 | 370 | ||||||
MediaAlpha, Inc., Class A* | 1,278 | 10,671 | ||||||
Outbrain, Inc.*(b) | 2,146 | 9,464 | ||||||
QuinStreet, Inc.* | 2,790 | 33,508 | ||||||
Shutterstock, Inc. | 1,305 | 72,310 | ||||||
TrueCar, Inc.* | 4,987 | 10,872 | ||||||
Vimeo, Inc.* | 7,699 | 45,578 | ||||||
Vinco Ventures, Inc.*(b) | 9,867 | 9,571 | ||||||
Wejo Group Ltd.*(b) | 1,229 | 1,389 | ||||||
Yelp, Inc.* | 3,700 | 126,429 | ||||||
Ziff Davis, Inc.* | 2,457 | 189,877 | ||||||
ZipRecruiter, Inc., Class A* | 4,298 | 71,690 | ||||||
939,413 | ||||||||
Internet & Direct Marketing Retail - 0.3% | ||||||||
1-800-Flowers.com, Inc., Class A* | 1,446 | 12,551 | ||||||
1stdibs.com, Inc.*(b) | 1,256 | 8,503 | ||||||
aka Brands Holding Corp.*(b) | 598 | 1,244 | ||||||
BARK, Inc.* | 2,767 | 6,419 | ||||||
Boxed, Inc.* | 617 | 654 | ||||||
CarParts.com, Inc.* | 2,732 | 17,703 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
ContextLogic, Inc., Class A*(b) | 30,602 | 39,783 | ||||||
Duluth Holdings, Inc., Class B* | 703 | 6,236 | ||||||
Groupon, Inc.*(b) | 1,159 | 11,486 | ||||||
Lands' End, Inc.* | 821 | 11,346 | ||||||
Liquidity Services, Inc.* | 1,328 | 23,227 | ||||||
Lulu's Fashion Lounge Holdings, Inc.*(b) | 315 | 2,010 | ||||||
Overstock.com, Inc.* | 2,290 | 59,769 | ||||||
PetMed Express, Inc.(b) | 1,084 | 22,298 | ||||||
Porch Group, Inc.* | 4,336 | 9,322 | ||||||
Poshmark, Inc., Class A* | 2,471 | 26,736 | ||||||
Quotient Technology, Inc.* | 4,802 | 8,932 | ||||||
Qurate Retail, Inc., Series A | 18,828 | 58,367 | ||||||
RealReal, Inc. (The)* | 4,575 | 9,791 | ||||||
Rent the Runway, Inc., Class A*(b) | 2,510 | 11,169 | ||||||
Revolve Group, Inc.* | 2,196 | 51,584 | ||||||
RumbleON, Inc., Class B*(b) | 558 | 12,192 | ||||||
Stitch Fix, Inc., Class A* | 4,368 | 21,927 | ||||||
ThredUp, Inc., Class A* | 3,152 | 7,596 | ||||||
Vivid Seats, Inc., Class A(b) | 1,329 | 10,752 | ||||||
Xometry, Inc., Class A*(b) | 1,818 | 89,100 | ||||||
540,697 | ||||||||
IT Services - 1.7% | ||||||||
AvidXchange Holdings, Inc.* | 7,884 | 61,416 | ||||||
BigCommerce Holdings, Inc., Series 1* | 3,448 | 57,478 | ||||||
Brightcove, Inc.* | 2,212 | 14,688 | ||||||
Cantaloupe, Inc.* | 3,141 | 20,008 | ||||||
Cass Information Systems, Inc. | 724 | 26,556 | ||||||
Cerberus Cyber Sentinel Corp.*(b) | 2,455 | 6,678 | ||||||
Conduent, Inc.* | 9,128 | 37,334 | ||||||
Core Scientific, Inc.*(b) | 11,764 | 25,881 | ||||||
CSG Systems International, Inc. | 1,722 | 99,618 | ||||||
Cyxtera Technologies, Inc.* | 2,289 | 14,512 | ||||||
DigitalOcean Holdings, Inc.*(b) | 4,105 | 172,779 | ||||||
Edgio, Inc.* | 7,380 | 27,158 | ||||||
EVERTEC, Inc. | 3,233 | 108,629 | ||||||
Evo Payments, Inc., Class A* | 2,543 | 84,733 | ||||||
ExlService Holdings, Inc.* | 1,741 | 291,983 | ||||||
Fastly, Inc., Class A* | 6,001 | 56,109 | ||||||
Flywire Corp.* | 2,973 | 73,909 | ||||||
Grid Dynamics Holdings, Inc.* | 2,614 | 52,829 | ||||||
Hackett Group, Inc. (The) | 1,449 | 29,748 | ||||||
I3 Verticals, Inc., Class A* | 1,184 | 27,658 | ||||||
IBEX Holdings Ltd.* | 302 | 5,095 | ||||||
Information Services Group, Inc. | 1,912 | 11,032 | ||||||
International Money Express, Inc.* | 1,749 | 39,178 | ||||||
Marqeta, Inc., Class A* | 23,349 | 181,889 | ||||||
Maximus, Inc. | 3,304 | 200,189 | ||||||
MoneyGram International, Inc.* | 5,044 | 51,953 | ||||||
Paya Holdings, Inc.* | 4,705 | 29,500 | ||||||
Payoneer Global, Inc.* | 11,643 | 77,077 | ||||||
Paysafe Ltd.* | 18,183 | 30,002 | ||||||
Perficient, Inc.* | 1,839 | 143,626 | ||||||
PFSweb, Inc.*(b) | 888 | 8,401 | ||||||
Priority Technology Holdings, Inc.* | 962 | 3,848 | ||||||
Rackspace Technology, Inc.* | 3,096 | 13,808 | ||||||
Remitly Global, Inc.* | 4,523 | 49,753 | ||||||
Repay Holdings Corp.* | 4,712 | 43,774 | ||||||
Sabre Corp.* | 17,537 | 126,091 | ||||||
SolarWinds Corp.* | 2,596 | 23,546 | ||||||
Squarespace, Inc., Class A* | 1,686 | 35,406 | ||||||
StoneCo Ltd., Class A* | 14,905 | 141,299 | ||||||
TTEC Holdings, Inc. | 1,014 | 53,083 | ||||||
Tucows, Inc., Class A* | 534 | 25,093 | ||||||
Unisys Corp.* | 3,561 | 33,153 | ||||||
Verra Mobility Corp.* | 7,860 | 125,288 | ||||||
2,741,788 | ||||||||
Leisure Products - 0.4% | ||||||||
Acushnet Holdings Corp. | 1,842 | 87,771 | ||||||
AMMO, Inc.*(b) | 4,697 | 17,896 | ||||||
Callaway Golf Co.* | 7,525 | 166,528 | ||||||
Clarus Corp.(b) | 1,551 | 23,529 | ||||||
Johnson Outdoors, Inc., Class A | 288 | 17,608 | ||||||
Latham Group, Inc.* | 2,363 | 13,493 | ||||||
Malibu Boats, Inc., Class A* | 1,116 | 66,993 | ||||||
Marine Products Corp. | 446 | 4,429 | ||||||
MasterCraft Boat Holdings, Inc.* | 983 | 23,680 | ||||||
Smith & Wesson Brands, Inc. | 2,443 | 32,492 | ||||||
Solo Brands, Inc., Class A*(b) | 1,181 | 4,901 | ||||||
Sturm Ruger & Co., Inc. | 928 | 48,488 | ||||||
Vista Outdoor, Inc.* | 3,005 | 84,501 | ||||||
592,309 | ||||||||
Life Sciences Tools & Services - 0.5% | ||||||||
AbCellera Biologics, Inc.*(b) | 11,135 | 118,922 | ||||||
Absci Corp.*(b) | 2,829 | 9,534 | ||||||
Adaptive Biotechnologies Corp.* | 5,996 | 53,484 | ||||||
Akoya Biosciences, Inc.* | 848 | 9,667 | ||||||
Alpha Teknova, Inc.* | 338 | 1,524 | ||||||
Berkeley Lights, Inc.* | 3,002 | 11,017 | ||||||
Bionano Genomics, Inc.*(b) | 15,694 | 38,921 | ||||||
Codexis, Inc.* | 3,292 | 23,077 | ||||||
Cytek Biosciences, Inc.* | 6,140 | 71,531 | ||||||
Inotiv, Inc.* | 936 | 18,318 | ||||||
MaxCyte, Inc.* | 4,678 | 24,326 | ||||||
Medpace Holdings, Inc.* | 1,481 | 218,610 | ||||||
NanoString Technologies, Inc.* | 2,497 | 33,859 | ||||||
Nautilus Biotechnology, Inc.*(b) | 2,561 | 5,660 | ||||||
NeoGenomics, Inc.* | 6,678 | 67,114 | ||||||
Pacific Biosciences of California, Inc.*(b) | 12,146 | 71,176 | ||||||
Quanterix Corp.* | 1,824 | 17,054 | ||||||
Quantum-Si, Inc.*(b) | 4,908 | 15,313 | ||||||
Science 37 Holdings, Inc.* | 3,344 | 5,284 | ||||||
Seer, Inc.* | 2,775 | 28,028 | ||||||
Singular Genomics Systems, Inc.* | 2,996 | 7,999 | ||||||
SomaLogic, Inc.* | 8,047 | 29,613 | ||||||
880,031 | ||||||||
Machinery - 2.9% | ||||||||
Alamo Group, Inc. | 541 | 70,741 | ||||||
Albany International Corp., Class A | 1,699 | 149,835 | ||||||
Altra Industrial Motion Corp. | 3,496 | 132,673 | ||||||
Astec Industries, Inc. | 1,229 | 46,923 | ||||||
Barnes Group, Inc. | 2,634 | 81,786 | ||||||
Berkshire Grey, Inc.* | 2,620 | 5,292 | ||||||
Blue Bird Corp.* | 938 | 11,134 | ||||||
Chart Industries, Inc.* | 1,974 | 382,680 | ||||||
CIRCOR International, Inc.* | 992 | 16,170 | ||||||
Columbus McKinnon Corp. | 1,507 | 46,159 | ||||||
Desktop Metal, Inc., Class A*(b) | 14,216 | 45,207 | ||||||
Douglas Dynamics, Inc. | 1,209 | 35,182 | ||||||
Energy Recovery, Inc.* | 3,001 | 68,843 | ||||||
Enerpac Tool Group Corp. | 3,275 | 63,535 | ||||||
EnPro Industries, Inc. | 1,119 | 101,337 | ||||||
ESCO Technologies, Inc. | 1,387 | 112,943 | ||||||
Evoqua Water Technologies Corp.* | 6,327 | 221,951 | ||||||
Fathom Digital Manufacturing Corp.* | 540 | 2,052 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Federal Signal Corp. | 3,211 | 128,023 | ||||||
Franklin Electric Co., Inc. | 2,480 | 215,388 | ||||||
Gorman-Rupp Co. (The) | 1,224 | 32,326 | ||||||
Greenbrier Cos., Inc. (The) | 1,713 | 48,838 | ||||||
Helios Technologies, Inc. | 1,751 | 95,640 | ||||||
Hillenbrand, Inc. | 3,906 | 162,763 | ||||||
Hillman Solutions Corp.* | 7,237 | 60,718 | ||||||
Hydrofarm Holdings Group, Inc.*(b) | 2,346 | 7,976 | ||||||
Hyliion Holdings Corp.*(b) | 7,134 | 25,040 | ||||||
Hyster-Yale Materials Handling, Inc. | 583 | 16,983 | ||||||
Hyzon Motors, Inc.*(b) | 4,720 | 10,054 | ||||||
John Bean Technologies Corp.(b) | 1,701 | 175,645 | ||||||
Kadant, Inc. | 623 | 111,785 | ||||||
Kennametal, Inc. | 4,446 | 104,214 | ||||||
Lightning eMotors, Inc.*(b) | 2,102 | 5,970 | ||||||
Lindsay Corp. | 590 | 94,612 | ||||||
Luxfer Holdings plc | 1,503 | 24,724 | ||||||
Manitowoc Co., Inc. (The)* | 1,868 | 17,839 | ||||||
Markforged Holding Corp.* | 5,917 | 14,378 | ||||||
Microvast Holdings, Inc.*(b) | 9,167 | 22,551 | ||||||
Miller Industries, Inc. | 596 | 14,012 | ||||||
Mueller Industries, Inc. | 3,009 | 190,079 | ||||||
Mueller Water Products, Inc., Class A | 8,387 | 94,605 | ||||||
Nikola Corp.*(b) | 15,703 | 84,168 | ||||||
Omega Flex, Inc. | 175 | 17,679 | ||||||
Proterra, Inc.*(b) | 11,890 | 71,816 | ||||||
Proto Labs, Inc.* | 1,480 | 56,832 | ||||||
RBC Bearings, Inc.*(b) | 1,534 | 369,203 | ||||||
REV Group, Inc. | 1,873 | 21,577 | ||||||
Sarcos Technology and Robotics Corp.*(b) | 4,077 | 13,373 | ||||||
Shyft Group, Inc. (The) | 1,856 | 44,451 | ||||||
SPX Technologies, Inc.* | 2,381 | 135,860 | ||||||
Standex International Corp. | 642 | 58,043 | ||||||
Tennant Co. | 997 | 60,169 | ||||||
Terex Corp. | 3,665 | 121,751 | ||||||
Titan International, Inc.* | 2,753 | 38,625 | ||||||
Trinity Industries, Inc. | 4,491 | 109,491 | ||||||
Velo3D, Inc.*(b) | 3,027 | 13,046 | ||||||
Wabash National Corp. | 2,615 | 43,017 | ||||||
Watts Water Technologies, Inc., Class A | 1,472 | 203,901 | ||||||
Xos, Inc.*(b) | 2,937 | 4,464 | ||||||
4,736,072 | ||||||||
Marine - 0.2% | ||||||||
Costamare, Inc. | 2,897 | 32,678 | ||||||
Eagle Bulk Shipping, Inc. | 723 | 31,407 | ||||||
Eneti, Inc. | 1,231 | 10,304 | ||||||
Genco Shipping & Trading Ltd. | 1,972 | 27,036 | ||||||
Golden Ocean Group Ltd.(b) | 6,603 | 63,323 | ||||||
Matson, Inc. | 2,156 | 158,811 | ||||||
Safe Bulkers, Inc. | 3,938 | 12,562 | ||||||
336,121 | ||||||||
Media - 0.8% | ||||||||
AdTheorent Holding Co., Inc.* | 860 | 2,270 | ||||||
Advantage Solutions, Inc.* | 4,435 | 16,143 | ||||||
AMC Networks, Inc., Class A* | 1,627 | 43,587 | ||||||
Audacy, Inc.* | 6,414 | 3,538 | ||||||
Boston Omaha Corp., Class A* | 1,102 | 29,567 | ||||||
Cardlytics, Inc.* | 1,781 | 23,580 | ||||||
Clear Channel Outdoor Holdings, Inc.* | 19,630 | 31,408 | ||||||
Cumulus Media, Inc., Class A* | 991 | 9,236 | ||||||
Daily Journal Corp.* | 65 | 16,978 | ||||||
Entravision Communications Corp., Class A | 3,194 | 16,226 | ||||||
EW Scripps Co. (The), Class A* | 3,146 | 47,033 | ||||||
Gambling.com Group Ltd.*(b) | 465 | 3,674 | ||||||
Gannett Co., Inc.* | 7,742 | 17,962 | ||||||
Gray Television, Inc. | 4,549 | 86,886 | ||||||
iHeartMedia, Inc., Class A* | 6,482 | 57,366 | ||||||
Innovid Corp.*(b) | 1,200 | 4,404 | ||||||
Integral Ad Science Holding Corp.* | 2,053 | 16,691 | ||||||
John Wiley & Sons, Inc., Class A | 2,310 | 106,329 | ||||||
Loyalty Ventures, Inc.* | 1,076 | 2,270 | ||||||
Magnite, Inc.* | 7,039 | 53,004 | ||||||
PubMatic, Inc., Class A* | 2,244 | 43,915 | ||||||
Scholastic Corp. | 1,485 | 68,176 | ||||||
Sinclair Broadcast Group, Inc., Class A | 2,242 | 49,526 | ||||||
Stagwell, Inc.*(b) | 4,200 | 28,476 | ||||||
TechTarget, Inc.* | 1,476 | 95,792 | ||||||
TEGNA, Inc. | 11,985 | 256,479 | ||||||
Thryv Holdings, Inc.* | 1,365 | 34,917 | ||||||
Urban One, Inc.* | 444 | 2,424 | ||||||
Urban One, Inc., Class D* | 643 | 2,694 | ||||||
WideOpenWest, Inc.* | 2,883 | 51,317 | ||||||
1,221,868 | ||||||||
Metals & Mining - 1.1% | ||||||||
5E Advanced Materials, Inc.* | 1,738 | 26,070 | ||||||
Alpha Metallurgical Resources, Inc. | 962 | 151,178 | ||||||
Arconic Corp.* | 5,691 | 143,470 | ||||||
ATI, Inc.* | 6,676 | 199,813 | ||||||
Carpenter Technology Corp. | 2,571 | 87,337 | ||||||
Century Aluminum Co.* | 2,792 | 21,554 | ||||||
Coeur Mining, Inc.* | 14,978 | 41,339 | ||||||
Commercial Metals Co. | 6,509 | 263,680 | ||||||
Compass Minerals International, Inc. | 1,844 | 74,664 | ||||||
Constellium SE* | 6,676 | 88,924 | ||||||
Dakota Gold Corp.* | 2,729 | 9,306 | ||||||
Haynes International, Inc. | 658 | 26,116 | ||||||
Hecla Mining Co. | 28,763 | 113,326 | ||||||
Hycroft Mining Holding Corp.*(b) | 8,114 | 6,492 | ||||||
Kaiser Aluminum Corp. | 852 | 61,139 | ||||||
Materion Corp. | 1,099 | 94,855 | ||||||
Novagold Resources, Inc.* | 12,860 | 56,970 | ||||||
Olympic Steel, Inc. | 518 | 13,634 | ||||||
Piedmont Lithium, Inc.* | 934 | 57,114 | ||||||
PolyMet Mining Corp.* | 1,569 | 4,895 | ||||||
Ramaco Resources, Inc. | 1,205 | 12,701 | ||||||
Ryerson Holding Corp. | 892 | 25,422 | ||||||
Schnitzer Steel Industries, Inc., Class A | 1,394 | 46,058 | ||||||
SunCoke Energy, Inc. | 4,481 | 29,530 | ||||||
TimkenSteel Corp.* | 2,495 | 38,273 | ||||||
Warrior Met Coal, Inc. | 2,768 | 90,098 | ||||||
Worthington Industries, Inc. | 1,711 | 87,244 | ||||||
1,871,202 | ||||||||
Mortgage Real Estate Investment Trusts (REITs) - 1.1% | ||||||||
AFC Gamma, Inc. | 850 | 14,781 | ||||||
Angel Oak Mortgage, Inc.(b) | 642 | 8,905 | ||||||
Apollo Commercial Real Estate Finance, Inc. | 7,566 | 88,144 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Arbor Realty Trust, Inc. | 8,355 | 125,158 | ||||||
Ares Commercial Real Estate Corp. | 2,407 | 31,748 | ||||||
ARMOUR Residential REIT, Inc. | 5,524 | 39,220 | ||||||
Blackstone Mortgage Trust, Inc., Class A(b) | 9,158 | 265,399 | ||||||
BrightSpire Capital, Inc. | 5,122 | 43,025 | ||||||
Broadmark Realty Capital, Inc. | 7,002 | 45,163 | ||||||
Chicago Atlantic Real Estate Finance, Inc. | 368 | 5,619 | ||||||
Chimera Investment Corp. | 12,792 | 108,732 | ||||||
Claros Mortgage Trust, Inc. | 4,948 | 84,561 | ||||||
Dynex Capital, Inc. | 1,954 | 30,307 | ||||||
Ellington Financial, Inc. | 3,057 | 44,877 | ||||||
Franklin BSP Realty Trust, Inc. | 4,526 | 58,385 | ||||||
Granite Point Mortgage Trust, Inc. | 2,873 | 27,064 | ||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc.(b) | 4,585 | 181,199 | ||||||
Invesco Mortgage Capital, Inc. | 1,788 | 28,414 | ||||||
KKR Real Estate Finance Trust, Inc. | 2,783 | 53,601 | ||||||
Ladder Capital Corp. | 6,111 | 67,588 | ||||||
MFA Financial, Inc. | 5,521 | 60,345 | ||||||
New York Mortgage Trust, Inc. | 20,443 | 57,240 | ||||||
Nexpoint Real Estate Finance, Inc. | 421 | 8,639 | ||||||
Orchid Island Capital, Inc.(b) | 1,914 | 25,872 | ||||||
PennyMac Mortgage Investment Trust | 4,948 | 73,478 | ||||||
Ready Capital Corp. | 3,984 | 52,190 | ||||||
Redwood Trust, Inc. | 6,466 | 50,111 | ||||||
TPG RE Finance Trust, Inc. | 3,707 | 34,327 | ||||||
Two Harbors Investment Corp.(b) | 18,581 | 90,118 | ||||||
1,804,210 | ||||||||
Multiline Retail - 0.1% | ||||||||
Big Lots, Inc. | 1,507 | 30,999 | ||||||
Dillard's, Inc., Class A | 231 | 68,432 | ||||||
Franchise Group, Inc. | 1,481 | 50,191 | ||||||
149,622 | ||||||||
Multi-Utilities - 0.4% | ||||||||
Avista Corp. | 3,897 | 158,335 | ||||||
Black Hills Corp. | 3,496 | 263,878 | ||||||
NorthWestern Corp. | 2,923 | 154,861 | ||||||
Unitil Corp. | 856 | 44,589 | ||||||
621,663 | ||||||||
Oil, Gas & Consumable Fuels - 3.7% | ||||||||
Aemetis, Inc.*(b) | 1,564 | 14,264 | ||||||
Alto Ingredients, Inc.* | 3,883 | 16,775 | ||||||
Amplify Energy Corp.* | 1,918 | 14,289 | ||||||
Arch Resources, Inc. | 819 | 119,230 | ||||||
Archaea Energy, Inc.* | 3,204 | 63,311 | ||||||
Ardmore Shipping Corp.* | 1,874 | 18,065 | ||||||
Battalion Oil Corp.* | 133 | 1,761 | ||||||
Berry Corp. | 4,310 | 39,437 | ||||||
Brigham Minerals, Inc., Class A | 2,742 | 81,575 | ||||||
California Resources Corp. | 4,209 | 210,282 | ||||||
Callon Petroleum Co.* | 2,645 | 112,571 | ||||||
Centennial Resource Development, Inc., Class A*(b) | 11,064 | 91,057 | ||||||
Centrus Energy Corp., Class A* | 572 | 28,491 | ||||||
Chord Energy Corp. | 2,275 | 322,026 | ||||||
Civitas Resources, Inc. | 3,968 | 266,610 | ||||||
Clean Energy Fuels Corp.* | 9,116 | 61,260 | ||||||
CNX Resources Corp.* | 10,367 | 183,185 | ||||||
Comstock Resources, Inc.* | 4,930 | 96,628 | ||||||
CONSOL Energy, Inc. | 1,846 | 132,506 | ||||||
Crescent Energy Co., Class A(b) | 1,749 | 29,960 | ||||||
CVR Energy, Inc. | 1,590 | 51,929 | ||||||
Delek US Holdings, Inc. | 3,791 | 107,096 | ||||||
Denbury, Inc.* | 2,731 | 242,868 | ||||||
DHT Holdings, Inc. | 7,546 | 58,934 | ||||||
Dorian LPG Ltd. | 1,652 | 24,037 | ||||||
Earthstone Energy, Inc., Class A*(b) | 2,325 | 35,340 | ||||||
Empire Petroleum Corp.* | 364 | 5,373 | ||||||
Energy Fuels, Inc.* | 8,391 | 68,135 | ||||||
Equitrans Midstream Corp. | 22,112 | 204,978 | ||||||
Excelerate Energy, Inc., Class A | 997 | 25,603 | ||||||
FLEX LNG Ltd.(b) | 1,532 | 50,663 | ||||||
Frontline Ltd.*(b) | 6,705 | 79,521 | ||||||
Gevo, Inc.*(b) | 10,582 | 33,122 | ||||||
Golar LNG Ltd.* | 5,428 | 148,022 | ||||||
Green Plains, Inc.* | 2,835 | 103,846 | ||||||
Gulfport Energy Corp.* | 641 | 62,664 | ||||||
HighPeak Energy, Inc.(b) | 345 | 8,735 | ||||||
International Seaways, Inc.(b) | 2,652 | 78,314 | ||||||
Kinetik Holdings, Inc. | 890 | 32,814 | ||||||
Kosmos Energy Ltd.* | 24,284 | 171,688 | ||||||
Laredo Petroleum, Inc.* | 918 | 71,246 | ||||||
Magnolia Oil & Gas Corp., Class A(b) | 8,974 | 214,209 | ||||||
Matador Resources Co. | 6,054 | 360,818 | ||||||
Murphy Oil Corp. | 7,926 | 308,876 | ||||||
NACCO Industries, Inc., Class A | 218 | 9,803 | ||||||
NextDecade Corp.*(b) | 1,661 | 12,242 | ||||||
Nordic American Tankers Ltd.(b) | 10,224 | 26,582 | ||||||
Northern Oil and Gas, Inc. | 3,528 | 111,626 | ||||||
Par Pacific Holdings, Inc.* | 2,629 | 49,425 | ||||||
PBF Energy, Inc., Class A*(b) | 5,206 | 177,837 | ||||||
Peabody Energy Corp.*(b) | 6,331 | 156,122 | ||||||
Ranger Oil Corp. | 1,144 | 44,605 | ||||||
REX American Resources Corp.* | 855 | 25,906 | ||||||
Riley Exploration Permian, Inc. | 560 | 14,078 | ||||||
Ring Energy, Inc.*(b) | 4,645 | 15,050 | ||||||
SandRidge Energy, Inc.* | 1,709 | 35,855 | ||||||
Scorpio Tankers, Inc. | 2,669 | 111,030 | ||||||
SFL Corp. Ltd. | 6,178 | 66,105 | ||||||
SilverBow Resources, Inc.* | 632 | 25,128 | ||||||
Sitio Royalties Corp. | 626 | 15,919 | ||||||
SM Energy Co. | 6,516 | 287,160 | ||||||
Talos Energy, Inc.* | 3,557 | 73,737 | ||||||
Teekay Corp.* | 3,750 | 13,088 | ||||||
Teekay Tankers Ltd., Class A* | 1,230 | 30,258 | ||||||
Tellurian, Inc.* | 27,438 | 109,752 | ||||||
Uranium Energy Corp.* | 15,027 | 67,922 | ||||||
Ur-Energy, Inc.* | 11,258 | 15,536 | ||||||
VAALCO Energy, Inc.(b) | 3,144 | 15,751 | ||||||
Vertex Energy, Inc.*(b) | 2,908 | 24,718 | ||||||
W&T Offshore, Inc.* | 5,082 | 33,033 | ||||||
World Fuel Services Corp. | 3,357 | 86,611 | ||||||
6,106,993 | ||||||||
Paper & Forest Products - 0.1% | ||||||||
Clearwater Paper Corp.* | 900 | 38,286 | ||||||
Glatfelter Corp. | 2,366 | 11,523 | ||||||
Resolute Forest Products, Inc.* | 2,470 | 50,042 | ||||||
Sylvamo Corp. | 1,910 | 84,880 | ||||||
184,731 | ||||||||
Personal Products - 0.6% | ||||||||
Beauty Health Co. (The)*(b) | 5,365 | 62,234 | ||||||
BellRing Brands, Inc.* | 7,092 | 168,010 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Edgewell Personal Care Co. | 2,891 | 112,633 | ||||||
elf Beauty, Inc.* | 2,604 | 99,291 | ||||||
Herbalife Nutrition Ltd.* | 5,327 | 138,981 | ||||||
Honest Co., Inc. (The)* | 3,495 | 12,617 | ||||||
Inter Parfums, Inc. | 965 | 75,772 | ||||||
Medifast, Inc. | 611 | 76,668 | ||||||
Nature's Sunshine Products, Inc.* | 732 | 7,100 | ||||||
Nu Skin Enterprises, Inc., Class A(b) | 2,685 | 109,924 | ||||||
Thorne HealthTech, Inc.* | 738 | 3,454 | ||||||
USANA Health Sciences, Inc.* | 606 | 39,099 | ||||||
Veru, Inc.* | 3,495 | 53,474 | ||||||
959,257 | ||||||||
Pharmaceuticals - 1.2% | ||||||||
Aclaris Therapeutics, Inc.* | 3,218 | 51,198 | ||||||
Aerie Pharmaceuticals, Inc.* | 2,518 | 38,022 | ||||||
Amneal Pharmaceuticals, Inc.* | 5,536 | 12,013 | ||||||
Amphastar Pharmaceuticals, Inc.* | 2,060 | 60,976 | ||||||
Amylyx Pharmaceuticals, Inc.* | 618 | 15,598 | ||||||
AN2 Therapeutics, Inc.* | 248 | 4,251 | ||||||
ANI Pharmaceuticals, Inc.* | 679 | 25,048 | ||||||
Arvinas, Inc.* | 2,615 | 110,719 | ||||||
Atea Pharmaceuticals, Inc.* | 4,104 | 30,780 | ||||||
Athira Pharma, Inc.* | 1,826 | 6,172 | ||||||
Axsome Therapeutics, Inc.* | 1,545 | 98,571 | ||||||
Cara Therapeutics, Inc.* | 2,409 | 24,861 | ||||||
Cassava Sciences, Inc.*(b) | 2,051 | 52,772 | ||||||
CinCor Pharma, Inc.* | 720 | 24,314 | ||||||
Collegium Pharmaceutical, Inc.* | 1,827 | 32,119 | ||||||
Corcept Therapeutics, Inc.* | 4,586 | 118,411 | ||||||
DICE Therapeutics, Inc.* | 1,527 | 23,974 | ||||||
Edgewise Therapeutics, Inc.*(b) | 1,598 | 16,108 | ||||||
Esperion Therapeutics, Inc.* | 3,392 | 25,304 | ||||||
Evolus, Inc.* | 1,902 | 18,278 | ||||||
EyePoint Pharmaceuticals, Inc.*(b) | 1,403 | 14,030 | ||||||
Fulcrum Therapeutics, Inc.*(b) | 1,836 | 13,586 | ||||||
Harmony Biosciences Holdings, Inc.* | 1,410 | 61,913 | ||||||
Innoviva, Inc.*(b) | 3,402 | 44,770 | ||||||
Intra-Cellular Therapies, Inc.* | 4,926 | 247,581 | ||||||
Liquidia Corp.*(b) | 2,564 | 14,794 | ||||||
Nektar Therapeutics* | 9,756 | 38,439 | ||||||
NGM Biopharmaceuticals, Inc.* | 2,108 | 29,744 | ||||||
Nuvation Bio, Inc.*(b) | 6,256 | 17,517 | ||||||
Ocular Therapeutix, Inc.* | 4,142 | 21,041 | ||||||
Pacira BioSciences, Inc.* | 2,416 | 126,792 | ||||||
Phathom Pharmaceuticals, Inc.*(b) | 1,237 | 10,564 | ||||||
Phibro Animal Health Corp., Class A | 1,097 | 16,247 | ||||||
Prestige Consumer Healthcare, Inc.* | 2,706 | 136,869 | ||||||
Provention Bio, Inc.*(b) | 3,007 | 12,990 | ||||||
Reata Pharmaceuticals, Inc., Class A* | 1,486 | 35,530 | ||||||
Relmada Therapeutics, Inc.* | 1,473 | 42,923 | ||||||
Revance Therapeutics, Inc.* | 3,769 | 75,003 | ||||||
SIGA Technologies, Inc.(b) | 2,533 | 38,198 | ||||||
Supernus Pharmaceuticals, Inc.* | 2,635 | 90,196 | ||||||
Tarsus Pharmaceuticals, Inc.* | 975 | 14,996 | ||||||
Theravance Biopharma, Inc.* | 3,463 | 31,202 | ||||||
Theseus Pharmaceuticals, Inc.*(b) | 912 | 6,220 | ||||||
Tricida, Inc.*(b) | 1,791 | 22,423 | ||||||
Ventyx Biosciences, Inc.*(b) | 1,205 | 24,582 | ||||||
Xeris Biopharma Holdings, Inc.* | 7,116 | 11,884 | ||||||
1,989,523 | ||||||||
Professional Services - 1.4% | ||||||||
Alight, Inc., Class A* | 18,260 | 143,889 | ||||||
ASGN, Inc.* | 2,700 | 261,090 | ||||||
Atlas Technical Consultants, Inc.* | 957 | 8,153 | ||||||
Barrett Business Services, Inc. | 387 | 31,208 | ||||||
CBIZ, Inc.* | 2,641 | 115,306 | ||||||
CRA International, Inc. | 385 | 35,193 | ||||||
Exponent, Inc. | 2,774 | 260,368 | ||||||
First Advantage Corp.* | 3,158 | 43,707 | ||||||
Forrester Research, Inc.* | 609 | 25,328 | ||||||
Franklin Covey Co.* | 675 | 32,110 | ||||||
Heidrick & Struggles International, Inc. | 1,052 | 29,940 | ||||||
HireRight Holdings Corp.* | 1,141 | 18,553 | ||||||
Huron Consulting Group, Inc.* | 1,132 | 75,731 | ||||||
ICF International, Inc. | 991 | 100,646 | ||||||
Insperity, Inc. | 1,952 | 212,807 | ||||||
Kelly Services, Inc., Class A | 1,891 | 30,464 | ||||||
Kforce, Inc. | 1,097 | 60,028 | ||||||
Korn Ferry | 2,882 | 175,571 | ||||||
Legalzoom.com, Inc.*(b) | 5,268 | 54,260 | ||||||
ManTech International Corp., Class A | 1,608 | 154,223 | ||||||
Planet Labs PBC* | 8,361 | 45,818 | ||||||
Red Violet, Inc.*(b) | 509 | 9,666 | ||||||
Resources Connection, Inc. | 1,707 | 33,355 | ||||||
Skillsoft Corp.* | 4,363 | 14,049 | ||||||
Spire Global, Inc.* | 6,722 | 9,075 | ||||||
Sterling Check Corp.* | 1,274 | 27,111 | ||||||
TriNet Group, Inc.* | 2,014 | 165,953 | ||||||
TrueBlue, Inc.* | 1,762 | 36,191 | ||||||
Upwork, Inc.* | 6,447 | 112,178 | ||||||
Willdan Group, Inc.* | 623 | 14,179 | ||||||
2,336,150 | ||||||||
Real Estate Management & Development - 0.6% | ||||||||
American Realty Investors, Inc.* | 80 | 1,111 | ||||||
Anywhere Real Estate, Inc.*(b) | 6,231 | 60,877 | ||||||
Compass, Inc., Class A* | 14,015 | 40,083 | ||||||
Cushman & Wakefield plc* | 8,549 | 127,893 | ||||||
DigitalBridge Group, Inc.* | 7,950 | 141,510 | ||||||
Doma Holdings, Inc.*(b) | 7,359 | 4,438 | ||||||
Douglas Elliman, Inc. | 4,064 | 18,735 | ||||||
eXp World Holdings, Inc.(b) | 3,689 | 47,699 | ||||||
Forestar Group, Inc.* | 979 | 12,179 | ||||||
FRP Holdings, Inc.* | 361 | 20,765 | ||||||
Kennedy-Wilson Holdings, Inc. | 6,352 | 111,541 | ||||||
Marcus & Millichap, Inc. | 1,338 | 50,014 | ||||||
Newmark Group, Inc., Class A | 7,951 | 81,498 | ||||||
Offerpad Solutions, Inc.*(b) | 3,666 | 5,572 | ||||||
RE/MAX Holdings, Inc., Class A | 1,010 | 22,988 | ||||||
Redfin Corp.*(b) | 5,648 | 46,257 | ||||||
RMR Group, Inc. (The), Class A | 822 | 21,405 | ||||||
Seritage Growth Properties, Class A, REIT*(b) | 2,364 | 29,644 | ||||||
St Joe Co. (The) | 1,853 | 70,785 | ||||||
Stratus Properties, Inc.* | 316 | 11,253 | ||||||
Tejon Ranch Co.* | 1,117 | 17,604 | ||||||
Transcontinental Realty Investors, Inc.* | 68 | 2,924 | ||||||
946,775 | ||||||||
Road & Rail - 0.5% | ||||||||
ArcBest Corp. | 1,314 | 105,816 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Bird Global, Inc., Class A*(b) | 9,213 | 3,915 | ||||||
Covenant Logistics Group, Inc. | 596 | 16,759 | ||||||
Daseke, Inc.* | 2,188 | 13,259 | ||||||
Heartland Express, Inc. | 2,511 | 38,042 | ||||||
Marten Transport Ltd. | 3,172 | 62,837 | ||||||
PAM Transportation Services, Inc.* | 355 | 10,547 | ||||||
Saia, Inc.* | 1,429 | 295,560 | ||||||
TuSimple Holdings, Inc., Class A* | 7,525 | 54,105 | ||||||
Universal Logistics Holdings, Inc. | 392 | 14,312 | ||||||
Werner Enterprises, Inc. | 3,496 | 139,106 | ||||||
754,258 | ||||||||
Semiconductors & Semiconductor Equipment - 2.0% | ||||||||
ACM Research, Inc., Class A* | 2,579 | 43,559 | ||||||
Alpha & Omega Semiconductor Ltd.* | 1,184 | 45,773 | ||||||
Ambarella, Inc.* | 1,961 | 133,113 | ||||||
Amkor Technology, Inc. | 5,459 | 109,890 | ||||||
Atomera, Inc.*(b) | 1,099 | 14,210 | ||||||
Axcelis Technologies, Inc.* | 1,757 | 117,613 | ||||||
AXT, Inc.* | 2,181 | 18,735 | ||||||
CEVA, Inc.* | 1,229 | 35,973 | ||||||
Cohu, Inc.* | 2,584 | 69,329 | ||||||
Credo Technology Group Holding Ltd.* | 1,263 | 17,417 | ||||||
CyberOptics Corp.* | 385 | 20,497 | ||||||
Diodes, Inc.* | 2,394 | 170,381 | ||||||
FormFactor, Inc.* | 4,196 | 122,859 | ||||||
Ichor Holdings Ltd.* | 1,508 | 46,326 | ||||||
Impinj, Inc.*(b) | 1,131 | 100,976 | ||||||
indie Semiconductor, Inc., Class A* | 5,366 | 45,665 | ||||||
Kulicke & Soffa Industries, Inc. | 3,126 | 131,417 | ||||||
MACOM Technology Solutions Holdings, Inc.* | 2,718 | 149,898 | ||||||
MaxLinear, Inc.* | 3,863 | 138,798 | ||||||
Onto Innovation, Inc.* | 2,666 | 189,259 | ||||||
PDF Solutions, Inc.* | 1,626 | 42,894 | ||||||
Photronics, Inc.* | 3,224 | 54,163 | ||||||
Power Integrations, Inc. | 3,110 | 222,458 | ||||||
Rambus, Inc.* | 5,896 | 152,058 | ||||||
Rigetti Computing, Inc.*(b) | 1,722 | 6,853 | ||||||
Rockley Photonics Holdings Ltd.*(b) | 5,478 | 7,779 | ||||||
Semtech Corp.* | 3,403 | 157,184 | ||||||
Silicon Laboratories, Inc.* | 1,952 | 244,644 | ||||||
SiTime Corp.* | 862 | 91,725 | ||||||
SkyWater Technology, Inc.*(b) | 581 | 7,553 | ||||||
SMART Global Holdings, Inc.* | 2,640 | 48,444 | ||||||
SunPower Corp.* | 4,401 | 105,624 | ||||||
Synaptics, Inc.* | 2,134 | 246,712 | ||||||
Transphorm, Inc.* | 1,152 | 6,394 | ||||||
Ultra Clean Holdings, Inc.* | 2,429 | 71,097 | ||||||
Veeco Instruments, Inc.* | 2,684 | 56,740 | ||||||
3,244,010 | ||||||||
Software - 3.7% | ||||||||
8x8, Inc.* | 5,914 | 30,812 | ||||||
A10 Networks, Inc. | 3,544 | 49,262 | ||||||
ACI Worldwide, Inc.* | 6,160 | 145,992 | ||||||
Agilysys, Inc.* | 1,053 | 54,514 | ||||||
Alarm.com Holdings, Inc.* | 2,587 | 172,294 | ||||||
Alkami Technology, Inc.* | 1,928 | 27,956 | ||||||
Altair Engineering, Inc., Class A* | 2,795 | 145,368 | ||||||
American Software, Inc., Class A | 1,683 | 28,493 | ||||||
Amplitude, Inc., Class A* | 3,006 | 45,541 | ||||||
Appfolio, Inc., Class A* | 1,024 | 103,813 | ||||||
Appian Corp.* | 2,152 | 100,929 | ||||||
Applied Blockchain, Inc.*(b) | 429 | 1,017 | ||||||
Arteris, Inc.* | 911 | 6,486 | ||||||
Asana, Inc., Class A* | 3,962 | 75,872 | ||||||
Avaya Holdings Corp.*(b) | 4,485 | 7,131 | ||||||
AvePoint, Inc.*(b) | 6,926 | 32,414 | ||||||
Benefitfocus, Inc.* | 1,387 | 10,278 | ||||||
Blackbaud, Inc.* | 2,497 | 130,593 | ||||||
Blackline, Inc.* | 2,971 | 201,850 | ||||||
Blend Labs, Inc., Class A*(b) | 9,946 | 31,330 | ||||||
Box, Inc., Class A* | 6,944 | 178,808 | ||||||
BTRS Holdings, Inc., Class 1* | 5,393 | 36,457 | ||||||
C3.ai, Inc., Class A*(b) | 3,702 | 66,636 | ||||||
Cerence, Inc.* | 2,114 | 42,301 | ||||||
ChannelAdvisor Corp.* | 1,615 | 24,370 | ||||||
Cipher Mining, Inc.*(b) | 2,097 | 4,215 | ||||||
Cleanspark, Inc.*(b) | 2,159 | 9,241 | ||||||
Clear Secure, Inc., Class A* | 3,347 | 76,780 | ||||||
CommVault Systems, Inc.* | 2,394 | 129,970 | ||||||
Consensus Cloud Solutions, Inc.* | 860 | 43,301 | ||||||
Couchbase, Inc.* | 1,426 | 23,657 | ||||||
CS Disco, Inc.* | 1,196 | 16,505 | ||||||
Cvent Holding Corp.*(b) | 4,521 | 22,876 | ||||||
Digimarc Corp.*(b) | 736 | 13,115 | ||||||
Digital Turbine, Inc.* | 4,953 | 91,482 | ||||||
Domo, Inc., Class B* | 1,634 | 31,471 | ||||||
Duck Creek Technologies, Inc.* | 4,154 | 49,433 | ||||||
E2open Parent Holdings, Inc.* | 10,713 | 73,598 | ||||||
Ebix, Inc. | 1,417 | 36,870 | ||||||
eGain Corp.* | 1,121 | 10,324 | ||||||
Enfusion, Inc., Class A*(b) | 1,368 | 16,949 | ||||||
EngageSmart, Inc.* | 1,876 | 37,464 | ||||||
Envestnet, Inc.* | 2,957 | 154,858 | ||||||
Everbridge, Inc.* | 2,129 | 84,692 | ||||||
EverCommerce, Inc.*(b) | 1,300 | 15,132 | ||||||
ForgeRock, Inc., Class A*(b) | 1,499 | 25,573 | ||||||
Greenidge Generation Holdings, Inc.*(b) | 685 | 1,665 | ||||||
Instructure Holdings, Inc.* | 931 | 21,162 | ||||||
Intapp, Inc.* | 755 | 10,940 | ||||||
InterDigital, Inc. | 1,663 | 83,416 | ||||||
IronNet, Inc.*(b) | 3,483 | 7,036 | ||||||
Kaleyra, Inc.*(b) | 1,460 | 2,321 | ||||||
KnowBe4, Inc., Class A* | 3,918 | 75,304 | ||||||
Latch, Inc.*(b) | 3,779 | 4,044 | ||||||
LivePerson, Inc.* | 3,783 | 43,883 | ||||||
LiveRamp Holdings, Inc.* | 3,607 | 71,599 | ||||||
LiveVox Holdings, Inc.*(b) | 1,191 | 2,549 | ||||||
Marathon Digital Holdings, Inc.*(b) | 5,430 | 64,345 | ||||||
Matterport, Inc.*(b) | 11,772 | 54,269 | ||||||
MeridianLink, Inc.* | 1,235 | 21,452 | ||||||
MicroStrategy, Inc., Class A*(b) | 507 | 117,401 | ||||||
Mitek Systems, Inc.*(b) | 2,270 | 23,199 | ||||||
Model N, Inc.* | 1,939 | 57,976 | ||||||
Momentive Global, Inc.* | 7,123 | 50,502 | ||||||
N-able, Inc.* | 3,667 | 36,523 | ||||||
NextNav, Inc.*(b) | 2,619 | 8,878 | ||||||
Olo, Inc., Class A* | 4,835 | 37,761 | ||||||
ON24, Inc.* | 2,237 | 20,044 | ||||||
OneSpan, Inc.* | 2,154 | 24,793 | ||||||
PagerDuty, Inc.* | 4,577 | 119,185 | ||||||
Ping Identity Holding Corp.* | 4,156 | 116,950 | ||||||
Progress Software Corp. | 2,350 | 113,105 | ||||||
PROS Holdings, Inc.* | 2,202 | 45,912 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Q2 Holdings, Inc.* | 3,004 | 119,319 | ||||||
Qualys, Inc.* | 2,100 | 318,990 | ||||||
Rapid7, Inc.*(b) | 3,125 | 179,687 | ||||||
Rimini Street, Inc.* | 2,616 | 13,185 | ||||||
Riot Blockchain, Inc.*(b) | 6,298 | 45,157 | ||||||
Sapiens International Corp. NV | 1,652 | 36,542 | ||||||
SecureWorks Corp., Class A* | 527 | 5,481 | ||||||
ShotSpotter, Inc.* | 481 | 15,695 | ||||||
Sprout Social, Inc., Class A* | 2,470 | 148,299 | ||||||
SPS Commerce, Inc.* | 1,951 | 238,256 | ||||||
Sumo Logic, Inc.* | 4,596 | 40,353 | ||||||
Telos Corp.* | 2,898 | 28,690 | ||||||
Tenable Holdings, Inc.* | 5,911 | 234,135 | ||||||
Terawulf, Inc.* | 1,145 | 1,706 | ||||||
Upland Software, Inc.* | 1,568 | 16,417 | ||||||
UserTesting, Inc.* | 2,544 | 10,583 | ||||||
Varonis Systems, Inc.* | 5,859 | 160,244 | ||||||
Verint Systems, Inc.* | 3,421 | 165,884 | ||||||
Veritone, Inc.*(b) | 1,680 | 12,348 | ||||||
Viant Technology, Inc., Class A* | 752 | 3,399 | ||||||
Weave Communications, Inc.* | 268 | 1,546 | ||||||
WM Technology, Inc.* | 3,858 | 10,108 | ||||||
Workiva, Inc.* | 2,563 | 174,002 | ||||||
Xperi Holding Corp. | 5,606 | 89,191 | ||||||
Yext, Inc.* | 6,460 | 28,747 | ||||||
Zeta Global Holdings Corp., Class A*(b) | 1,674 | 11,718 | ||||||
Zuora, Inc., Class A* | 6,072 | 46,633 | ||||||
6,110,552 | ||||||||
Specialty Retail - 1.9% | ||||||||
Aaron's Co., Inc. (The) | 1,628 | 19,373 | ||||||
Abercrombie & Fitch Co., Class A* | 2,668 | 38,393 | ||||||
Academy Sports & Outdoors, Inc. | 4,511 | 194,334 | ||||||
American Eagle Outfitters, Inc.(b) | 8,293 | 93,379 | ||||||
America's Car-Mart, Inc.* | 321 | 25,876 | ||||||
Arko Corp. | 4,566 | 43,514 | ||||||
Asbury Automotive Group, Inc.* | 1,191 | 207,806 | ||||||
Bed Bath & Beyond, Inc.*(b) | 4,285 | 40,836 | ||||||
Big 5 Sporting Goods Corp.(b) | 1,153 | 14,113 | ||||||
Boot Barn Holdings, Inc.* | 1,587 | 105,726 | ||||||
Buckle, Inc. (The) | 1,625 | 52,455 | ||||||
Build-A-Bear Workshop, Inc. | 763 | 11,689 | ||||||
Caleres, Inc. | 1,961 | 50,045 | ||||||
Camping World Holdings, Inc., Class A(b) | 2,069 | 62,318 | ||||||
Cato Corp. (The), Class A | 988 | 10,680 | ||||||
Chico's FAS, Inc.* | 6,583 | 37,391 | ||||||
Children's Place, Inc. (The)* | 706 | 29,779 | ||||||
Citi Trends, Inc.* | 449 | 9,070 | ||||||
Conn's, Inc.* | 701 | 6,737 | ||||||
Container Store Group, Inc. (The)* | 1,749 | 11,858 | ||||||
Designer Brands, Inc., Class A(b) | 3,109 | 53,040 | ||||||
Destination XL Group, Inc.*(b) | 3,211 | 17,693 | ||||||
EVgo, Inc.*(b) | 3,654 | 34,676 | ||||||
Express, Inc.* | 3,450 | 5,244 | ||||||
Foot Locker, Inc. | 4,468 | 164,601 | ||||||
Genesco, Inc.* | 705 | 39,889 | ||||||
Group 1 Automotive, Inc. | 865 | 154,480 | ||||||
GrowGeneration Corp.*(b) | 3,085 | 14,654 | ||||||
Guess?, Inc.(b) | 1,832 | 32,005 | ||||||
Haverty Furniture Cos., Inc. | 814 | 21,831 | ||||||
Hibbett, Inc. | 691 | 40,493 | ||||||
JOANN, Inc.(b) | 592 | 4,203 | ||||||
LL Flooring Holdings, Inc.* | 1,572 | 12,796 | ||||||
MarineMax, Inc.* | 1,138 | 41,355 | ||||||
Monro, Inc. | 1,791 | 82,941 | ||||||
Murphy USA, Inc. | 1,205 | 349,655 | ||||||
National Vision Holdings, Inc.* | 4,364 | 145,016 | ||||||
ODP Corp. (The)* | 2,312 | 82,654 | ||||||
OneWater Marine, Inc., Class A* | 596 | 23,751 | ||||||
Party City Holdco, Inc.*(b) | 5,859 | 11,542 | ||||||
Rent-A-Center, Inc. | 2,855 | 73,773 | ||||||
Sally Beauty Holdings, Inc.* | 5,760 | 85,709 | ||||||
Shoe Carnival, Inc. | 948 | 22,553 | ||||||
Signet Jewelers Ltd. | 2,509 | 164,013 | ||||||
Sleep Number Corp.* | 1,161 | 48,100 | ||||||
Sonic Automotive, Inc., Class A(b) | 1,083 | 57,605 | ||||||
Sportsman's Warehouse Holdings, Inc.* | 2,338 | 18,610 | ||||||
Tile Shop Holdings, Inc. | 1,954 | 7,660 | ||||||
Tilly's, Inc., Class A | 1,237 | 9,277 | ||||||
Torrid Holdings, Inc.*(b) | 796 | 4,466 | ||||||
TravelCenters of America, Inc.* | 680 | 36,774 | ||||||
Urban Outfitters, Inc.* | 3,545 | 71,361 | ||||||
Volta, Inc.*(b) | 6,568 | 14,056 | ||||||
Warby Parker, Inc., Class A* | 4,488 | 56,414 | ||||||
Winmark Corp. | 154 | 31,781 | ||||||
Zumiez, Inc.* | 840 | 21,806 | ||||||
3,121,849 | ||||||||
Technology Hardware, Storage & Peripherals - 0.3% | ||||||||
3D Systems Corp.* | 6,816 | 69,046 | ||||||
Avid Technology, Inc.* | 1,925 | 52,649 | ||||||
CompoSecure, Inc.*(b) | 417 | 2,410 | ||||||
Corsair Gaming, Inc.*(b) | 2,061 | 31,719 | ||||||
Diebold Nixdorf, Inc.* | 3,927 | 13,666 | ||||||
Eastman Kodak Co.*(b) | 3,073 | 16,625 | ||||||
IonQ, Inc.*(b) | 6,386 | 37,933 | ||||||
Super Micro Computer, Inc.* | 2,443 | 158,990 | ||||||
Turtle Beach Corp.* | 833 | 7,822 | ||||||
Xerox Holdings Corp. | 6,150 | 102,213 | ||||||
493,073 | ||||||||
Textiles, Apparel & Luxury Goods - 0.5% | ||||||||
Allbirds, Inc., Class A* | 5,072 | 20,846 | ||||||
Crocs, Inc.* | 3,265 | 240,630 | ||||||
Ermenegildo Zegna NV(b) | 2,543 | 26,040 | ||||||
Fossil Group, Inc.* | 2,507 | 10,605 | ||||||
G-III Apparel Group Ltd.* | 2,347 | 49,451 | ||||||
Kontoor Brands, Inc. | 3,031 | 112,844 | ||||||
Movado Group, Inc. | 840 | 26,788 | ||||||
Oxford Industries, Inc. | 834 | 89,013 | ||||||
PLBY Group, Inc.*(b) | 1,673 | 7,528 | ||||||
Rocky Brands, Inc. | 371 | 9,694 | ||||||
Steven Madden Ltd. | 4,244 | 123,543 | ||||||
Superior Group of Cos., Inc. | 626 | 6,955 | ||||||
Unifi, Inc.* | 749 | 8,509 | ||||||
Wolverine World Wide, Inc. | 4,303 | 84,081 | ||||||
816,527 | ||||||||
Thrifts & Mortgage Finance - 1.2% | ||||||||
Axos Financial, Inc.* | 3,082 | 128,766 | ||||||
Blue Foundry Bancorp* | 1,410 | 16,032 | ||||||
Bridgewater Bancshares, Inc.* | 1,109 | 19,053 | ||||||
Capitol Federal Financial, Inc. | 6,992 | 63,348 | ||||||
Columbia Financial, Inc.*(b) | 1,860 | 39,674 | ||||||
Enact Holdings, Inc.(b) | 1,615 | 41,021 | ||||||
Essent Group Ltd. | 5,668 | 226,663 | ||||||
Federal Agricultural Mortgage Corp., Class C | 490 | 53,528 | ||||||
Finance of America Cos., Inc., Class A* | 2,083 | 2,541 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Flagstar Bancorp, Inc. | 2,811 | 108,308 | ||||||
Greene County Bancorp, Inc. | 181 | 9,629 | ||||||
Hingham Institution For Savings (The) | 79 | 23,455 | ||||||
Home Bancorp, Inc. | 393 | 15,343 | ||||||
Home Point Capital, Inc.(b) | 425 | 977 | ||||||
Kearny Financial Corp. | 3,333 | 37,863 | ||||||
Luther Burbank Corp. | 797 | 10,449 | ||||||
Merchants Bancorp | 846 | 22,817 | ||||||
Mr Cooper Group, Inc.* | 3,905 | 165,182 | ||||||
NMI Holdings, Inc., Class A* | 4,546 | 93,329 | ||||||
Northfield Bancorp, Inc. | 2,350 | 34,639 | ||||||
PennyMac Financial Services, Inc. | 1,593 | 84,620 | ||||||
Pioneer Bancorp, Inc.* | 623 | 5,825 | ||||||
Provident Bancorp, Inc. | 775 | 11,230 | ||||||
Provident Financial Services, Inc. | 4,018 | 93,338 | ||||||
Radian Group, Inc. | 9,319 | 196,724 | ||||||
Southern Missouri Bancorp, Inc. | 427 | 22,516 | ||||||
Sterling Bancorp, Inc.* | 919 | 5,413 | ||||||
TrustCo Bank Corp. | 1,010 | 33,673 | ||||||
Velocity Financial, Inc.* | 463 | 5,287 | ||||||
Walker & Dunlop, Inc. | 1,651 | 165,859 | ||||||
Waterstone Financial, Inc. | 1,082 | 18,708 | ||||||
WSFS Financial Corp. | 3,464 | 167,484 | ||||||
1,923,294 | ||||||||
Tobacco - 0.1% | ||||||||
22nd Century Group, Inc.*(b) | 8,701 | 11,659 | ||||||
Turning Point Brands, Inc. | 821 | 19,146 | ||||||
Universal Corp. | 1,300 | 66,352 | ||||||
Vector Group Ltd. | 7,731 | 75,764 | ||||||
172,921 | ||||||||
Trading Companies & Distributors - 1.2% | ||||||||
Alta Equipment Group, Inc. | 1,130 | 13,300 | ||||||
Applied Industrial Technologies, Inc. | 2,060 | 218,401 | ||||||
Beacon Roofing Supply, Inc.* | 2,922 | 160,447 | ||||||
BlueLinx Holdings, Inc.* | 504 | 35,330 | ||||||
Boise Cascade Co. | 2,126 | 132,514 | ||||||
Custom Truck One Source, Inc.*(b) | 3,208 | 21,109 | ||||||
Distribution Solutions Group, Inc.* | 264 | 10,491 | ||||||
DXP Enterprises, Inc.* | 819 | 21,769 | ||||||
GATX Corp. | 1,912 | 184,718 | ||||||
Global Industrial Co. | 699 | 21,026 | ||||||
GMS, Inc.* | 2,326 | 112,113 | ||||||
H&E Equipment Services, Inc. | 1,716 | 54,329 | ||||||
Herc Holdings, Inc. | 1,381 | 155,404 | ||||||
Hudson Technologies, Inc.* | 2,320 | 19,256 | ||||||
Karat Packaging, Inc.* | 304 | 5,439 | ||||||
McGrath RentCorp | 1,303 | 110,130 | ||||||
MRC Global, Inc.* | 4,465 | 43,444 | ||||||
NOW, Inc.* | 5,934 | 71,920 | ||||||
Rush Enterprises, Inc., Class A | 2,284 | 107,485 | ||||||
Rush Enterprises, Inc., Class B | 366 | 18,534 | ||||||
Textainer Group Holdings Ltd. | 2,496 | 75,829 | ||||||
Titan Machinery, Inc.* | 1,089 | 33,519 | ||||||
Transcat, Inc.* | 382 | 28,302 | ||||||
Triton International Ltd. | 3,422 | 203,917 | ||||||
Veritiv Corp.* | 784 | 93,445 | ||||||
1,952,171 | ||||||||
Water Utilities - 0.4% | ||||||||
American States Water Co. | 1,985 | 164,695 | ||||||
Artesian Resources Corp., Class A | 442 | 24,147 | ||||||
California Water Service Group | 2,886 | 168,918 | ||||||
Global Water Resources, Inc. | 694 | 9,452 | ||||||
Middlesex Water Co. | 934 | 82,911 | ||||||
Pure Cycle Corp.* | 1,049 | 10,826 | ||||||
SJW Group | 1,453 | 93,428 | ||||||
York Water Co. (The) | 764 | 33,593 | ||||||
587,970 | ||||||||
Wireless Telecommunication Services - 0.1% | ||||||||
Gogo, Inc.* | 2,691 | 39,988 | ||||||
KORE Group Holdings, Inc.*(b) | 1,883 | 5,630 | ||||||
Shenandoah Telecommunications Co. | 2,607 | 58,110 | ||||||
Telephone and Data Systems, Inc. | 5,423 | 88,232 | ||||||
United States Cellular Corp.* | 804 | 22,987 | ||||||
214,947 | ||||||||
TOTAL COMMON STOCKS (Cost $169,566,563) | 129,823,342 |
Investments | Number of Rights | Value ($) | ||||||
RIGHTS - 0.0%(d) | ||||||||
Biotechnology - 0.0% | ||||||||
Aduro Biotech, Inc., CVR*(e)(f) | 687 | — | ||||||
Oncternal Therapeutics, Inc., CVR*(e)(f) | 42 | — | ||||||
Tobira Therapeutics, Inc., CVR*(e)(f) | 756 | — | ||||||
— | ||||||||
Food Products - 0.0%(d) | ||||||||
Contraf-Nicotex-Tobacco GmbH, CVR*(e)(f) | 2,444 | 1,222 | ||||||
Pharmaceuticals - 0.0%(d) | ||||||||
ANI Pharmaceuticals, Inc., CVR, expiring 12/31/2050*(e)(f) | 2 | — | ||||||
Zogenix, Inc., CVR*(e)(f) | 4,182 | 2,844 | ||||||
2,844 | ||||||||
TOTAL RIGHTS (Cost $1,635) | 4,066 |
Investments | Shares | Value ($) | ||||||
SECURITIES LENDING REINVESTMENTS(g) - 3.1% | ||||||||
INVESTMENT COMPANIES - 3.1% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $5,061,412) | 5,061,412 | 5,061,412 |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 37.7% | ||||||||
REPURCHASE AGREEMENTS(h) - 37.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $61,719,821 | ||||||||
(Cost $61,716,047) | 61,716,047 | 61,716,047 | ||||||
Total Investments
- 120.2% (Cost $236,345,657) | 196,604,867 | |||||||
Liabilities in excess of other assets - (20.2%) | (33,054,526 | ) | ||||||
Net Assets - 100.0% | 163,550,341 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $50,113,968. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $6,964,861, collateralized in the form of cash with a value of $5,061,412 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $2,222,288 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $7,283,700. |
(c) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. |
(d) | Represents less than 0.05% of net assets. |
(e) | Security fair valued as of August 31, 2022 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2022 amounted to $4,066, which represents approximately 0.00% of net assets of the Fund. |
(f) | Illiquid security. |
(g) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $5,061,412. |
(h) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Abbreviations | |
CVR | Contingent Value Rights - No defined expiration |
Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Purchased
Ultra Russell2000 had the following open long futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||
Russell 2000 E-Mini Index | 92 | 9/16/2022 | USD | $ | 8,485,160 | $ | 607,409 |
Swap Agreements
Ultra Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
17,412,181 | 5/8/2023 | Bank of America NA | 2.18 | % | Russell 2000® Index | (9,008,920 | ) | ||||||||
5,829,263 | 11/6/2023 | Barclays Capital | 2.83 | % | Russell 2000® Index | 31,214 | |||||||||
43,283,341 | 5/8/2023 | BNP Paribas SA | 2.48 | % | Russell 2000® Index | (8,594,902 | ) | ||||||||
19,816,913 | 4/10/2023 | Citibank NA | 2.62 | % | Russell 2000® Index | (11,409,477 | ) | ||||||||
14,015,312 | 3/7/2023 | Goldman Sachs International | 2.73 | % | Russell 2000® Index | (13,289,514 | ) | ||||||||
11,374,857 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.78 | % | iShares® Russell 2000 ETF | (1,251,604 | ) | ||||||||
22,225,334 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.78 | % | Russell 2000® Index | (2,736,509 | ) | ||||||||
43,106,305 | 3/7/2023 | Societe Generale | 2.68 | % | Russell 2000® Index | (17,129,937 | ) | ||||||||
11,723,071 | 3/7/2023 | UBS AG | 2.33 | % | Russell 2000® Index | (10,773,325 | ) | ||||||||
188,786,577 | (74,162,974 | ) | |||||||||||||
Total Unrealized Appreciation | 31,214 | ||||||||||||||
Total Unrealized Depreciation | (74,194,188 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Ultra S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 84.8% | ||||||||
Aerospace & Defense - 1.4% | ||||||||
Boeing Co. (The)* | 43,884 | 7,032,411 | ||||||
General Dynamics Corp. | 18,219 | 4,170,876 | ||||||
Howmet Aerospace, Inc. | 29,675 | 1,051,385 | ||||||
Huntington Ingalls Industries, Inc. | 3,158 | 727,161 | ||||||
L3Harris Technologies, Inc. | 15,239 | 3,477,387 | ||||||
Lockheed Martin Corp. | 18,682 | 7,848,495 | ||||||
Northrop Grumman Corp. | 11,540 | 5,516,005 | ||||||
Raytheon Technologies Corp. | 117,408 | 10,537,368 | ||||||
Textron, Inc. | 16,987 | 1,059,649 | ||||||
TransDigm Group, Inc. | 4,093 | 2,457,396 | ||||||
43,878,133 | ||||||||
Air Freight & Logistics - 0.6% | ||||||||
CH Robinson Worldwide, Inc. | 10,051 | 1,147,322 | ||||||
Expeditors International of Washington, Inc. | 13,244 | 1,362,675 | ||||||
FedEx Corp. | 18,811 | 3,965,547 | ||||||
United Parcel Service, Inc., Class B | 57,976 | 11,276,912 | ||||||
17,752,456 | ||||||||
Airlines - 0.2% | ||||||||
Alaska Air Group, Inc.* | 9,970 | 434,293 | ||||||
American Airlines Group, Inc.*(b) | 51,283 | 666,166 | ||||||
Delta Air Lines, Inc.* | 50,608 | 1,572,391 | ||||||
Southwest Airlines Co.* | 46,829 | 1,718,624 | ||||||
United Airlines Holdings, Inc.* | 25,814 | 903,748 | ||||||
5,295,222 | ||||||||
Auto Components - 0.1% | ||||||||
Aptiv plc* | 21,418 | 2,001,084 | ||||||
BorgWarner, Inc. | 18,903 | 712,643 | ||||||
2,713,727 | ||||||||
Automobiles - 2.1% | ||||||||
Ford Motor Co. | 311,636 | 4,749,333 | ||||||
General Motors Co. | 115,092 | 4,397,665 | ||||||
Tesla, Inc.* | 198,743 | 54,775,558 | ||||||
63,922,556 | ||||||||
Banks - 3.1% | ||||||||
Bank of America Corp. | 559,829 | 18,815,853 | ||||||
Citigroup, Inc. | 153,373 | 7,486,136 | ||||||
Citizens Financial Group, Inc. | 38,736 | 1,420,836 | ||||||
Comerica, Inc. | 10,319 | 828,616 | ||||||
Fifth Third Bancorp | 54,190 | 1,850,589 | ||||||
First Republic Bank | 14,180 | 2,152,949 | ||||||
Huntington Bancshares, Inc. | 113,600 | 1,522,240 | ||||||
JPMorgan Chase & Co. | 231,915 | 26,375,693 | ||||||
KeyCorp | 73,634 | 1,302,585 | ||||||
M&T Bank Corp. | 14,176 | 2,576,913 | ||||||
PNC Financial Services Group, Inc. (The) | 32,662 | 5,160,596 | ||||||
Regions Financial Corp. | 73,803 | 1,599,311 | ||||||
Signature Bank | 4,980 | 868,313 | ||||||
SVB Financial Group* | 4,664 | 1,896,009 | ||||||
Truist Financial Corp. | 105,117 | 4,923,680 | ||||||
US Bancorp | 106,752 | 4,868,959 | ||||||
Wells Fargo & Co. | 299,287 | 13,081,835 | ||||||
Zions Bancorp NA | 11,965 | 658,434 | ||||||
97,389,547 | ||||||||
Beverages - 1.5% | ||||||||
Brown-Forman Corp., Class B | 14,426 | 1,048,770 | ||||||
Coca-Cola Co. (The) | 308,076 | 19,011,370 | ||||||
Constellation Brands, Inc., Class A | 12,851 | 3,161,988 | ||||||
Keurig Dr Pepper, Inc. | 58,263 | 2,220,986 | ||||||
Molson Coors Beverage Co., Class B | 14,870 | 768,333 | ||||||
Monster Beverage Corp.* | 29,688 | 2,637,185 | ||||||
PepsiCo, Inc. | 109,160 | 18,804,993 | ||||||
47,653,625 | ||||||||
Biotechnology - 1.7% | ||||||||
AbbVie, Inc. | 139,544 | 18,763,086 | ||||||
Amgen, Inc. | 42,184 | 10,136,815 | ||||||
Biogen, Inc.* | 11,572 | 2,260,937 | ||||||
Gilead Sciences, Inc. | 99,045 | 6,286,386 | ||||||
Incyte Corp.* | 14,873 | 1,047,506 | ||||||
Moderna, Inc.* | 27,322 | 3,613,881 | ||||||
Regeneron Pharmaceuticals, Inc.* | 8,527 | 4,954,699 | ||||||
Vertex Pharmaceuticals, Inc.* | 20,208 | 5,693,806 | ||||||
52,757,116 | ||||||||
Building Products - 0.4% | ||||||||
A O Smith Corp. | 10,253 | 578,782 | ||||||
Allegion plc | 6,918 | 657,902 | ||||||
Carrier Global Corp. | 66,943 | 2,618,810 | ||||||
Fortune Brands Home & Security, Inc. | 10,324 | 634,203 | ||||||
Johnson Controls International plc | 54,925 | 2,973,640 | ||||||
Masco Corp. | 18,614 | 946,894 | ||||||
Trane Technologies plc | 18,463 | 2,844,594 | ||||||
11,254,825 | ||||||||
Capital Markets - 2.5% | ||||||||
Ameriprise Financial, Inc. | 8,673 | 2,324,451 | ||||||
Bank of New York Mellon Corp. (The) | 58,659 | 2,436,108 | ||||||
BlackRock, Inc. | 11,228 | 7,482,227 | ||||||
Cboe Global Markets, Inc. | 8,376 | 988,117 | ||||||
Charles Schwab Corp. (The) | 119,078 | 8,448,584 | ||||||
CME Group, Inc. | 28,389 | 5,553,172 | ||||||
FactSet Research Systems, Inc. | 2,990 | 1,295,687 | ||||||
Franklin Resources, Inc. | 22,094 | 575,991 | ||||||
Goldman Sachs Group, Inc. (The) | 27,131 | 9,025,670 | ||||||
Intercontinental Exchange, Inc. | 44,064 | 4,443,854 | ||||||
Invesco Ltd. | 26,591 | 437,954 | ||||||
MarketAxess Holdings, Inc. | 2,978 | 740,301 | ||||||
Moody's Corp. | 12,681 | 3,607,998 | ||||||
Morgan Stanley | 110,420 | 9,409,992 | ||||||
MSCI, Inc. | 6,399 | 2,874,687 | ||||||
Nasdaq, Inc. | 27,270 | 1,623,383 | ||||||
Northern Trust Corp. | 16,448 | 1,564,040 | ||||||
Raymond James Financial, Inc. | 15,344 | 1,601,453 | ||||||
S&P Global, Inc. | 27,396 | 9,648,323 | ||||||
State Street Corp. | 28,997 | 1,981,945 | ||||||
T. Rowe Price Group, Inc.(b) | 17,936 | 2,152,320 | ||||||
78,216,257 | ||||||||
Chemicals - 1.5% | ||||||||
Air Products and Chemicals, Inc. | 17,508 | 4,419,895 | ||||||
Albemarle Corp. | 9,243 | 2,476,754 | ||||||
Celanese Corp. | 8,550 | 947,853 | ||||||
CF Industries Holdings, Inc. | 16,456 | 1,702,538 | ||||||
Corteva, Inc. | 57,162 | 3,511,462 | ||||||
Dow, Inc. | 57,479 | 2,931,429 | ||||||
DuPont de Nemours, Inc. | 40,144 | 2,233,612 | ||||||
Eastman Chemical Co. | 10,157 | 924,287 | ||||||
Ecolab, Inc. | 19,617 | 3,213,853 | ||||||
FMC Corp. | 9,956 | 1,076,044 | ||||||
International Flavors & Fragrances, Inc. | 20,122 | 2,223,078 |
Ultra S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Linde plc | 39,745 | 11,242,271 | ||||||
LyondellBasell Industries NV, Class A | 20,458 | 1,698,014 | ||||||
Mosaic Co. (The) | 28,572 | 1,539,174 | ||||||
PPG Industries, Inc. | 18,631 | 2,365,764 | ||||||
Sherwin-Williams Co. (The) | 18,878 | 4,381,584 | ||||||
46,887,612 | ||||||||
Commercial Services & Supplies - 0.4% | ||||||||
Cintas Corp. | 6,873 | 2,796,211 | ||||||
Copart, Inc.* | 16,872 | 2,018,735 | ||||||
Republic Services, Inc. | 16,447 | 2,347,316 | ||||||
Rollins, Inc. | 17,871 | 603,325 | ||||||
Waste Management, Inc. | 30,160 | 5,097,945 | ||||||
12,863,532 | ||||||||
Communications Equipment - 0.7% | ||||||||
Arista Networks, Inc.* | 17,753 | 2,128,230 | ||||||
Cisco Systems, Inc. | 327,936 | 14,665,298 | ||||||
F5, Inc.* | 4,776 | 750,118 | ||||||
Juniper Networks, Inc. | 25,517 | 725,193 | ||||||
Motorola Solutions, Inc. | 13,202 | 3,213,499 | ||||||
21,482,338 | ||||||||
Construction & Engineering - 0.1% | ||||||||
Quanta Services, Inc. | 11,329 | 1,600,788 | ||||||
Construction Materials - 0.1% | ||||||||
Martin Marietta Materials, Inc. | 4,930 | 1,714,210 | ||||||
Vulcan Materials Co. | 10,503 | 1,748,645 | ||||||
3,462,855 | ||||||||
Consumer Finance - 0.5% | ||||||||
American Express Co. | 48,183 | 7,323,816 | ||||||
Capital One Financial Corp. | 31,052 | 3,285,922 | ||||||
Discover Financial Services | 22,183 | 2,229,170 | ||||||
Synchrony Financial | 39,585 | 1,296,409 | ||||||
14,135,317 | ||||||||
Containers & Packaging - 0.2% | ||||||||
Amcor plc | 118,653 | 1,425,023 | ||||||
Avery Dennison Corp. | 6,463 | 1,186,736 | ||||||
Ball Corp. | 25,235 | 1,408,365 | ||||||
International Paper Co. | 29,270 | 1,218,217 | ||||||
Packaging Corp. of America | 7,394 | 1,012,387 | ||||||
Sealed Air Corp. | 11,540 | 620,967 | ||||||
Westrock Co. | 20,130 | 817,077 | ||||||
7,688,772 | ||||||||
Distributors - 0.1% | ||||||||
Genuine Parts Co. | 11,168 | 1,742,320 | ||||||
LKQ Corp. | 20,558 | 1,094,097 | ||||||
Pool Corp. | 3,161 | 1,072,179 | ||||||
3,908,596 | ||||||||
Diversified Financial Services - 1.3% | ||||||||
Berkshire Hathaway, Inc., Class B* | 142,853 | 40,113,122 | ||||||
Diversified Telecommunication Services - 0.8% | ||||||||
AT&T, Inc. | 564,973 | 9,909,626 | ||||||
Lumen Technologies, Inc. | 73,405 | 731,114 | ||||||
Verizon Communications, Inc. | 331,505 | 13,860,224 | ||||||
24,500,964 | ||||||||
Electric Utilities - 1.7% | ||||||||
Alliant Energy Corp. | 19,783 | 1,207,554 | ||||||
American Electric Power Co., Inc. | 40,556 | 4,063,711 | ||||||
Constellation Energy Corp. | 25,808 | 2,105,675 | ||||||
Duke Energy Corp. | 60,779 | 6,497,883 | ||||||
Edison International | 30,096 | 2,039,606 | ||||||
Entergy Corp. | 16,079 | 1,853,909 | ||||||
Evergy, Inc. | 18,135 | 1,242,791 | ||||||
Eversource Energy | 27,223 | 2,441,631 | ||||||
Exelon Corp. | 77,380 | 3,397,756 | ||||||
FirstEnergy Corp. | 45,083 | 1,783,033 | ||||||
NextEra Energy, Inc. | 155,061 | 13,189,489 | ||||||
NRG Energy, Inc. | 18,711 | 772,390 | ||||||
Pinnacle West Capital Corp. | 8,935 | 673,252 | ||||||
PPL Corp. | 58,119 | 1,690,100 | ||||||
Southern Co. (The) | 83,909 | 6,466,867 | ||||||
Xcel Energy, Inc. | 42,999 | 3,192,676 | ||||||
52,618,323 | ||||||||
Electrical Equipment - 0.4% | ||||||||
AMETEK, Inc. | 18,250 | 2,192,920 | ||||||
Eaton Corp. plc | 31,511 | 4,305,663 | ||||||
Emerson Electric Co. | 46,911 | 3,834,505 | ||||||
Generac Holdings, Inc.* | 5,036 | 1,109,985 | ||||||
Rockwell Automation, Inc. | 9,166 | 2,171,792 | ||||||
13,614,865 | ||||||||
Electronic Equipment, Instruments & Components - 0.5% | ||||||||
Amphenol Corp., Class A | 47,165 | 3,468,043 | ||||||
CDW Corp. | 10,662 | 1,820,003 | ||||||
Corning, Inc. | 60,001 | 2,059,234 | ||||||
Keysight Technologies, Inc.* | 14,354 | 2,352,477 | ||||||
TE Connectivity Ltd. | 25,440 | 3,210,782 | ||||||
Teledyne Technologies, Inc.* | 3,704 | 1,364,406 | ||||||
Trimble, Inc.* | 19,732 | 1,248,049 | ||||||
Zebra Technologies Corp., Class A* | 4,143 | 1,249,695 | ||||||
16,772,689 | ||||||||
Energy Equipment & Services - 0.3% | ||||||||
Baker Hughes Co. | 73,861 | 1,865,729 | ||||||
Halliburton Co. | 71,177 | 2,144,563 | ||||||
Schlumberger NV | 111,624 | 4,258,455 | ||||||
8,268,747 | ||||||||
Entertainment - 1.2% | ||||||||
Activision Blizzard, Inc. | 61,731 | 4,845,266 | ||||||
Electronic Arts, Inc. | 22,203 | 2,816,895 | ||||||
Live Nation Entertainment, Inc.*(b) | 10,819 | 977,605 | ||||||
Netflix, Inc.* | 35,069 | 7,840,026 | ||||||
Take-Two Interactive Software, Inc.* | 12,477 | 1,529,181 | ||||||
Walt Disney Co. (The)* | 143,845 | 16,122,147 | ||||||
Warner Bros Discovery, Inc.* | 174,381 | 2,308,804 | ||||||
36,439,924 | ||||||||
Equity Real Estate Investment Trusts (REITs) - 2.4% | ||||||||
Alexandria Real Estate Equities, Inc. | 11,720 | 1,797,848 | ||||||
American Tower Corp. | 36,706 | 9,325,159 | ||||||
AvalonBay Communities, Inc. | 11,049 | 2,219,855 | ||||||
Boston Properties, Inc. | 11,233 | 892,237 | ||||||
Camden Property Trust | 8,404 | 1,079,998 | ||||||
Crown Castle, Inc. | 34,187 | 5,840,165 | ||||||
Digital Realty Trust, Inc. | 22,492 | 2,780,686 | ||||||
Duke Realty Corp. | 30,366 | 1,787,039 | ||||||
Equinix, Inc. | 7,194 | 4,729,120 | ||||||
Equity Residential | 27,027 | 1,977,836 | ||||||
Essex Property Trust, Inc. | 5,157 | 1,366,914 | ||||||
Extra Space Storage, Inc. | 10,598 | 2,106,141 | ||||||
Federal Realty Investment Trust | 5,642 | 571,365 | ||||||
Healthpeak Properties, Inc. | 42,605 | 1,118,381 | ||||||
Host Hotels & Resorts, Inc. | 56,413 | 1,002,459 | ||||||
Iron Mountain, Inc. | 22,918 | 1,205,716 | ||||||
Kimco Realty Corp. | 48,788 | 1,028,451 |
Ultra S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Mid-America Apartment Communities, Inc.(b) | 9,098 | 1,507,266 | ||||||
Prologis, Inc. | 58,451 | 7,277,734 | ||||||
Public Storage | 12,072 | 3,993,780 | ||||||
Realty Income Corp. | 47,492 | 3,242,754 | ||||||
Regency Centers Corp. | 12,232 | 744,195 | ||||||
SBA Communications Corp. | 8,512 | 2,768,528 | ||||||
Simon Property Group, Inc. | 25,933 | 2,644,647 | ||||||
UDR, Inc. | 23,647 | 1,061,041 | ||||||
Ventas, Inc. | 31,566 | 1,510,749 | ||||||
VICI Properties, Inc. | 76,055 | 2,509,054 | ||||||
Vornado Realty Trust | 12,567 | 329,507 | ||||||
Welltower, Inc. | 35,846 | 2,747,596 | ||||||
Weyerhaeuser Co. | 58,761 | 2,007,276 | ||||||
73,173,497 | ||||||||
Food & Staples Retailing - 1.3% | ||||||||
Costco Wholesale Corp. | 35,006 | 18,276,633 | ||||||
Kroger Co. (The) | 51,785 | 2,482,573 | ||||||
Sysco Corp. | 40,228 | 3,307,546 | ||||||
Walgreens Boots Alliance, Inc. | 56,589 | 1,984,010 | ||||||
Walmart, Inc. | 110,858 | 14,694,228 | ||||||
40,744,990 | ||||||||
Food Products - 0.9% | ||||||||
Archer-Daniels-Midland Co. | 44,419 | 3,903,986 | ||||||
Campbell Soup Co. | 15,971 | 804,619 | ||||||
Conagra Brands, Inc. | 37,886 | 1,302,521 | ||||||
General Mills, Inc. | 47,541 | 3,651,149 | ||||||
Hershey Co. (The) | 11,530 | 2,590,445 | ||||||
Hormel Foods Corp. | 22,406 | 1,126,574 | ||||||
J M Smucker Co. (The) | 8,559 | 1,198,174 | ||||||
Kellogg Co. | 19,991 | 1,454,145 | ||||||
Kraft Heinz Co. (The) | 56,072 | 2,097,093 | ||||||
Lamb Weston Holdings, Inc. | 11,412 | 907,596 | ||||||
McCormick & Co., Inc. (Non-Voting) | 19,738 | 1,659,374 | ||||||
Mondelez International, Inc., Class A | 109,228 | 6,756,844 | ||||||
Tyson Foods, Inc., Class A | 22,994 | 1,733,288 | ||||||
29,185,808 | ||||||||
Gas Utilities - 0.0%(c) | ||||||||
Atmos Energy Corp. | 10,988 | 1,245,819 | ||||||
Health Care Equipment & Supplies - 2.2% | ||||||||
Abbott Laboratories | 138,261 | 14,192,492 | ||||||
ABIOMED, Inc.* | 3,606 | 934,964 | ||||||
Align Technology, Inc.* | 5,802 | 1,413,947 | ||||||
Baxter International, Inc. | 39,762 | 2,284,724 | ||||||
Becton Dickinson and Co. | 22,521 | 5,684,751 | ||||||
Boston Scientific Corp.* | 112,892 | 4,550,677 | ||||||
Cooper Cos., Inc. (The)(b) | 3,899 | 1,120,729 | ||||||
DENTSPLY SIRONA, Inc. | 17,024 | 557,876 | ||||||
Dexcom, Inc.* | 30,990 | 2,547,688 | ||||||
Edwards Lifesciences Corp.* | 49,077 | 4,421,838 | ||||||
Hologic, Inc.* | 19,674 | 1,329,175 | ||||||
IDEXX Laboratories, Inc.* | 6,631 | 2,305,068 | ||||||
Intuitive Surgical, Inc.* | 28,359 | 5,834,581 | ||||||
Medtronic plc | 105,946 | 9,314,772 | ||||||
ResMed, Inc. | 11,551 | 2,540,296 | ||||||
STERIS plc | 7,921 | 1,595,131 | ||||||
Stryker Corp. | 26,572 | 5,452,574 | ||||||
Teleflex, Inc. | 3,708 | 838,972 | ||||||
Zimmer Biomet Holdings, Inc. | 16,531 | 1,757,576 | ||||||
68,677,831 | ||||||||
Health Care Providers & Services - 2.9% | ||||||||
AmerisourceBergen Corp. | 11,920 | 1,746,995 | ||||||
Cardinal Health, Inc. | 21,532 | 1,522,743 | ||||||
Centene Corp.* | 46,202 | 4,146,167 | ||||||
Cigna Corp. | 25,026 | 7,093,620 | ||||||
CVS Health Corp. | 103,527 | 10,161,175 | ||||||
DaVita, Inc.* | 4,770 | 406,833 | ||||||
Elevance Health, Inc. | 19,033 | 9,233,099 | ||||||
HCA Healthcare, Inc. | 17,950 | 3,551,766 | ||||||
Henry Schein, Inc.* | 10,915 | 801,270 | ||||||
Humana, Inc. | 10,000 | 4,817,800 | ||||||
Laboratory Corp. of America Holdings | 7,312 | 1,647,174 | ||||||
McKesson Corp. | 11,476 | 4,211,692 | ||||||
Molina Healthcare, Inc.* | 4,645 | 1,567,084 | ||||||
Quest Diagnostics, Inc. | 9,270 | 1,161,624 | ||||||
UnitedHealth Group, Inc. | 74,075 | 38,469,370 | ||||||
Universal Health Services, Inc., Class B | 5,296 | 518,161 | ||||||
91,056,573 | ||||||||
Hotels, Restaurants & Leisure - 1.6% | ||||||||
Booking Holdings, Inc.* | 3,205 | 6,011,971 | ||||||
Caesars Entertainment, Inc.* | 16,925 | 729,806 | ||||||
Carnival Corp.* | 77,075 | 729,130 | ||||||
Chipotle Mexican Grill, Inc.* | 2,208 | 3,525,734 | ||||||
Darden Restaurants, Inc. | 9,860 | 1,219,781 | ||||||
Domino's Pizza, Inc. | 2,843 | 1,057,198 | ||||||
Expedia Group, Inc.* | 11,982 | 1,229,952 | ||||||
Hilton Worldwide Holdings, Inc. | 21,951 | 2,795,679 | ||||||
Las Vegas Sands Corp.* | 27,140 | 1,021,278 | ||||||
Marriott International, Inc., Class A | 21,702 | 3,336,465 | ||||||
McDonald's Corp. | 58,381 | 14,728,359 | ||||||
MGM Resorts International | 27,934 | 911,766 | ||||||
Norwegian Cruise Line Holdings Ltd.*(b) | 33,084 | 432,739 | ||||||
Penn Entertainment, Inc.* | 12,920 | 403,492 | ||||||
Royal Caribbean Cruises Ltd.* | 17,697 | 722,922 | ||||||
Starbucks Corp. | 90,559 | 7,613,295 | ||||||
Wynn Resorts Ltd.* | 8,345 | 505,624 | ||||||
Yum! Brands, Inc. | 22,529 | 2,506,126 | ||||||
49,481,317 | ||||||||
Household Durables - 0.3% | ||||||||
DR Horton, Inc. | 25,279 | 1,798,601 | ||||||
Garmin Ltd. | 12,059 | 1,067,101 | ||||||
Lennar Corp., Class A | 20,455 | 1,584,240 | ||||||
Mohawk Industries, Inc.* | 4,060 | 448,061 | ||||||
Newell Brands, Inc. | 29,061 | 518,739 | ||||||
NVR, Inc.* | 244 | 1,010,175 | ||||||
PulteGroup, Inc. | 18,740 | 761,968 | ||||||
Whirlpool Corp. | 4,435 | 694,521 | ||||||
7,883,406 | ||||||||
Household Products - 1.2% | ||||||||
Church & Dwight Co., Inc. | 19,182 | 1,605,725 | ||||||
Clorox Co. (The) | 9,713 | 1,401,974 | ||||||
Colgate-Palmolive Co. | 66,164 | 5,174,687 | ||||||
Kimberly-Clark Corp. | 26,607 | 3,392,925 | ||||||
Procter & Gamble Co. (The) | 189,454 | 26,133,285 | ||||||
37,708,596 | ||||||||
Independent Power and Renewable Electricity Producers - 0.0%(c) | ||||||||
AES Corp. (The) | 52,730 | 1,341,979 | ||||||
Industrial Conglomerates - 0.7% | ||||||||
3M Co. | 44,942 | 5,588,537 |
Ultra S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
General Electric Co. | 86,920 | 6,383,405 | ||||||
Honeywell International, Inc. | 53,742 | 10,176,048 | ||||||
22,147,990 | ||||||||
Insurance - 1.8% | ||||||||
Aflac, Inc. | 46,808 | 2,781,331 | ||||||
Allstate Corp. (The) | 21,706 | 2,615,573 | ||||||
American International Group, Inc. | 62,554 | 3,237,170 | ||||||
Aon plc, Class A | 16,754 | 4,678,722 | ||||||
Arthur J Gallagher & Co. | 16,569 | 3,008,433 | ||||||
Assurant, Inc. | 4,266 | 676,118 | ||||||
Brown & Brown, Inc. | 18,496 | 1,165,988 | ||||||
Chubb Ltd. | 33,453 | 6,324,290 | ||||||
Cincinnati Financial Corp. | 11,769 | 1,141,122 | ||||||
Everest Re Group Ltd. | 3,110 | 836,745 | ||||||
Globe Life, Inc. | 7,171 | 696,949 | ||||||
Hartford Financial Services Group, Inc. (The) | 25,967 | 1,669,938 | ||||||
Lincoln National Corp. | 12,770 | 588,186 | ||||||
Loews Corp. | 15,349 | 848,953 | ||||||
Marsh & McLennan Cos., Inc. | 39,629 | 6,394,932 | ||||||
MetLife, Inc. | 54,578 | 3,511,003 | ||||||
Principal Financial Group, Inc. | 18,549 | 1,386,723 | ||||||
Progressive Corp. (The) | 46,192 | 5,665,449 | ||||||
Prudential Financial, Inc. | 29,604 | 2,834,583 | ||||||
Travelers Cos., Inc. (The) | 18,929 | 3,059,684 | ||||||
W R Berkley Corp. | 16,526 | 1,070,885 | ||||||
Willis Towers Watson plc | 8,819 | 1,824,034 | ||||||
56,016,811 | ||||||||
Interactive Media & Services - 4.3% | ||||||||
Alphabet, Inc., Class A* | 475,149 | 51,420,625 | ||||||
Alphabet, Inc., Class C* | 435,364 | 47,519,981 | ||||||
Match Group, Inc.* | 22,565 | 1,275,599 | ||||||
Meta Platforms, Inc., Class A* | 181,118 | 29,509,556 | ||||||
Twitter, Inc.* | 60,231 | 2,333,951 | ||||||
132,059,712 | ||||||||
Internet & Direct Marketing Retail - 2.9% | ||||||||
Amazon.com, Inc.* | 690,894 | 87,584,632 | ||||||
eBay, Inc. | 44,199 | 1,950,502 | ||||||
Etsy, Inc.* | 10,033 | 1,059,585 | ||||||
90,594,719 | ||||||||
IT Services - 3.7% | ||||||||
Accenture plc, Class A | 50,014 | 14,427,038 | ||||||
Akamai Technologies, Inc.* | 12,658 | 1,142,764 | ||||||
Automatic Data Processing, Inc. | 32,981 | 8,060,886 | ||||||
Broadridge Financial Solutions, Inc. | 9,260 | 1,585,034 | ||||||
Cognizant Technology Solutions Corp., Class A | 41,140 | 2,598,814 | ||||||
DXC Technology Co.* | 19,325 | 478,874 | ||||||
EPAM Systems, Inc.* | 4,511 | 1,923,942 | ||||||
Fidelity National Information Services, Inc. | 48,219 | 4,405,770 | ||||||
Fiserv, Inc.* | 45,938 | 4,648,466 | ||||||
FleetCor Technologies, Inc.* | 6,118 | 1,300,259 | ||||||
Gartner, Inc.* | 6,354 | 1,812,923 | ||||||
Global Payments, Inc. | 22,227 | 2,761,260 | ||||||
International Business Machines Corp. | 71,009 | 9,121,106 | ||||||
Jack Henry & Associates, Inc. | 5,769 | 1,108,802 | ||||||
Mastercard, Inc., Class A | 67,800 | 21,992,286 | ||||||
Paychex, Inc. | 25,378 | 3,130,123 | ||||||
PayPal Holdings, Inc.* | 91,434 | 8,543,593 | ||||||
VeriSign, Inc.* | 7,522 | 1,370,659 | ||||||
Visa, Inc., Class A | 129,944 | 25,821,172 | ||||||
116,233,771 | ||||||||
Leisure Products - 0.0%(c) | ||||||||
Hasbro, Inc. | 10,351 | 815,866 | ||||||
Life Sciences Tools & Services - 1.6% | ||||||||
Agilent Technologies, Inc. | 23,715 | 3,041,449 | ||||||
Bio-Rad Laboratories, Inc., Class A* | 1,710 | 829,418 | ||||||
Bio-Techne Corp. | 3,096 | 1,027,284 | ||||||
Charles River Laboratories International, Inc.* | 4,008 | 822,642 | ||||||
Danaher Corp. | 51,114 | 13,796,180 | ||||||
Illumina, Inc.* | 12,399 | 2,500,134 | ||||||
IQVIA Holdings, Inc.* | 14,961 | 3,181,606 | ||||||
Mettler-Toledo International, Inc.* | 1,787 | 2,166,666 | ||||||
PerkinElmer, Inc. | 9,972 | 1,346,818 | ||||||
Thermo Fisher Scientific, Inc. | 30,900 | 16,850,388 | ||||||
Waters Corp.* | 4,761 | 1,421,635 | ||||||
West Pharmaceutical Services, Inc. | 5,838 | 1,732,076 | ||||||
48,716,296 | ||||||||
Machinery - 1.4% | ||||||||
Caterpillar, Inc. | 42,103 | 7,776,845 | ||||||
Cummins, Inc. | 11,139 | 2,399,006 | ||||||
Deere & Co. | 22,022 | 8,043,536 | ||||||
Dover Corp. | 11,368 | 1,420,545 | ||||||
Fortive Corp. | 28,316 | 1,793,252 | ||||||
IDEX Corp. | 6,006 | 1,208,467 | ||||||
Illinois Tool Works, Inc. | 22,408 | 4,365,751 | ||||||
Ingersoll Rand, Inc. | 32,051 | 1,518,256 | ||||||
Nordson Corp. | 4,249 | 965,245 | ||||||
Otis Worldwide Corp. | 33,383 | 2,410,920 | ||||||
PACCAR, Inc. | 27,448 | 2,401,975 | ||||||
Parker-Hannifin Corp. | 10,119 | 2,681,535 | ||||||
Pentair plc | 13,071 | 581,660 | ||||||
Snap-on, Inc. | 4,209 | 916,973 | ||||||
Stanley Black & Decker, Inc. | 11,932 | 1,051,209 | ||||||
Westinghouse Air Brake Technologies Corp. | 14,415 | 1,263,475 | ||||||
Xylem, Inc. | 14,229 | 1,296,262 | ||||||
42,094,912 | ||||||||
Media - 0.7% | ||||||||
Charter Communications, Inc., Class A* | 9,132 | 3,768,137 | ||||||
Comcast Corp., Class A | 352,988 | 12,774,636 | ||||||
DISH Network Corp., Class A*(b) | 19,797 | 343,478 | ||||||
Fox Corp., Class A | 24,627 | 841,751 | ||||||
Fox Corp., Class B | 11,426 | 361,290 | ||||||
Interpublic Group of Cos., Inc. (The) | 31,093 | 859,410 | ||||||
News Corp., Class A | 30,667 | 518,886 | ||||||
News Corp., Class B | 9,501 | 163,797 | ||||||
Omnicom Group, Inc. | 16,252 | 1,087,259 | ||||||
Paramount Global, Class B(b) | 48,046 | 1,123,796 | ||||||
21,842,440 | ||||||||
Metals & Mining - 0.3% | ||||||||
Freeport-McMoRan, Inc. | 114,415 | 3,386,684 | ||||||
Newmont Corp. | 62,683 | 2,592,569 | ||||||
Nucor Corp. | 20,991 | 2,790,543 | ||||||
8,769,796 | ||||||||
Multiline Retail - 0.4% | ||||||||
Dollar General Corp. | 18,077 | 4,291,841 | ||||||
Dollar Tree, Inc.* | 17,760 | 2,409,677 |
Ultra S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Target Corp. | 36,514 | 5,854,655 | ||||||
12,556,173 | ||||||||
Multi-Utilities - 0.8% | ||||||||
Ameren Corp. | 20,422 | 1,891,486 | ||||||
CenterPoint Energy, Inc. | 49,689 | 1,566,694 | ||||||
CMS Energy Corp. | 22,884 | 1,545,585 | ||||||
Consolidated Edison, Inc. | 27,973 | 2,734,081 | ||||||
Dominion Energy, Inc. | 64,060 | 5,240,108 | ||||||
DTE Energy Co. | 15,296 | 1,993,681 | ||||||
NiSource, Inc. | 32,040 | 945,500 | ||||||
Public Service Enterprise Group, Inc. | 39,432 | 2,537,844 | ||||||
Sempra Energy | 24,826 | 4,095,545 | ||||||
WEC Energy Group, Inc. | 24,910 | 2,569,217 | ||||||
25,119,741 | ||||||||
Oil, Gas & Consumable Fuels - 3.7% | ||||||||
APA Corp. | 26,720 | 1,045,019 | ||||||
Chevron Corp. | 155,134 | 24,520,480 | ||||||
ConocoPhillips | 102,109 | 11,175,830 | ||||||
Coterra Energy, Inc.(b) | 63,631 | 1,966,834 | ||||||
Devon Energy Corp. | 48,454 | 3,421,821 | ||||||
Diamondback Energy, Inc. | 13,161 | 1,754,098 | ||||||
EOG Resources, Inc. | 46,223 | 5,606,850 | ||||||
Exxon Mobil Corp. | 332,662 | 31,799,161 | ||||||
Hess Corp. | 21,850 | 2,639,043 | ||||||
Kinder Morgan, Inc. | 153,964 | 2,820,621 | ||||||
Marathon Oil Corp. | 55,869 | 1,429,688 | ||||||
Marathon Petroleum Corp. | 42,734 | 4,305,451 | ||||||
Occidental Petroleum Corp.(b) | 70,296 | 4,991,016 | ||||||
ONEOK, Inc. | 35,267 | 2,159,398 | ||||||
Phillips 66 | 37,988 | 3,398,406 | ||||||
Pioneer Natural Resources Co. | 17,752 | 4,495,161 | ||||||
Valero Energy Corp. | 32,216 | 3,773,138 | ||||||
Williams Cos., Inc. (The) | 96,161 | 3,272,359 | ||||||
114,574,374 | ||||||||
Personal Products - 0.1% | ||||||||
Estee Lauder Cos., Inc. (The), Class A | 18,327 | 4,662,022 | ||||||
Pharmaceuticals - 3.5% | ||||||||
Bristol-Myers Squibb Co. | 168,122 | 11,333,104 | ||||||
Catalent, Inc.* | 14,151 | 1,245,288 | ||||||
Eli Lilly & Co. | 62,273 | 18,758,496 | ||||||
Johnson & Johnson | 207,760 | 33,519,998 | ||||||
Merck & Co., Inc. | 199,670 | 17,043,831 | ||||||
Organon & Co. | 20,012 | 570,942 | ||||||
Pfizer, Inc. | 443,022 | 20,037,885 | ||||||
Viatris, Inc. | 95,736 | 914,279 | ||||||
Zoetis, Inc. | 37,156 | 5,816,029 | ||||||
109,239,852 | ||||||||
Professional Services - 0.3% | ||||||||
Equifax, Inc. | 9,654 | 1,822,193 | ||||||
Jacobs Solutions, Inc. | 10,140 | 1,263,241 | ||||||
Leidos Holdings, Inc. | 10,784 | 1,025,019 | ||||||
Nielsen Holdings plc | 28,395 | 790,517 | ||||||
Robert Half International, Inc. | 8,721 | 671,255 | ||||||
Verisk Analytics, Inc. | 12,455 | 2,331,078 | ||||||
7,903,303 | ||||||||
Real Estate Management & Development - 0.1% | ||||||||
CBRE Group, Inc., Class A* | 25,823 | 2,038,984 | ||||||
Road & Rail - 0.8% | ||||||||
CSX Corp. | 171,684 | 5,433,799 | ||||||
JB Hunt Transport Services, Inc. | 6,615 | 1,151,142 | ||||||
Norfolk Southern Corp. | 18,802 | 4,571,330 | ||||||
Old Dominion Freight Line, Inc. | 7,245 | 1,966,366 | ||||||
Union Pacific Corp. | 49,575 | 11,130,083 | ||||||
24,252,720 | ||||||||
Semiconductors & Semiconductor Equipment - 4.3% | ||||||||
Advanced Micro Devices, Inc.* | 127,952 | 10,859,245 | ||||||
Analog Devices, Inc. | 41,333 | 6,263,190 | ||||||
Applied Materials, Inc. | 69,700 | 6,556,679 | ||||||
Broadcom, Inc. | 32,247 | 16,094,800 | ||||||
Enphase Energy, Inc.* | 10,655 | 3,052,018 | ||||||
Intel Corp. | 322,923 | 10,307,702 | ||||||
KLA Corp. | 11,776 | 4,052,475 | ||||||
Lam Research Corp. | 10,968 | 4,802,997 | ||||||
Microchip Technology, Inc. | 43,913 | 2,865,323 | ||||||
Micron Technology, Inc. | 88,181 | 4,984,872 | ||||||
Monolithic Power Systems, Inc. | 3,460 | 1,568,003 | ||||||
NVIDIA Corp. | 197,715 | 29,843,102 | ||||||
NXP Semiconductors NV | 20,714 | 3,409,110 | ||||||
ON Semiconductor Corp.* | 34,316 | 2,359,911 | ||||||
Qorvo, Inc.* | 8,559 | 768,427 | ||||||
QUALCOMM, Inc. | 88,432 | 11,696,901 | ||||||
Skyworks Solutions, Inc. | 12,711 | 1,252,669 | ||||||
SolarEdge Technologies, Inc.* | 4,370 | 1,205,989 | ||||||
Teradyne, Inc. | 12,650 | 1,070,696 | ||||||
Texas Instruments, Inc. | 72,807 | 12,028,444 | ||||||
135,042,553 | ||||||||
Software - 7.5% | ||||||||
Adobe, Inc.* | 37,312 | 13,933,793 | ||||||
ANSYS, Inc.* | 6,874 | 1,706,814 | ||||||
Autodesk, Inc.* | 17,196 | 3,469,121 | ||||||
Cadence Design Systems, Inc.* | 21,753 | 3,780,019 | ||||||
Ceridian HCM Holding, Inc.* | 10,862 | 647,810 | ||||||
Citrix Systems, Inc. | 9,859 | 1,013,209 | ||||||
Fortinet, Inc.* | 52,517 | 2,557,053 | ||||||
Intuit, Inc. | 22,358 | 9,653,737 | ||||||
Microsoft Corp. | 590,519 | 154,403,003 | ||||||
NortonLifeLock, Inc. | 45,970 | 1,038,462 | ||||||
Oracle Corp. | 124,283 | 9,215,584 | ||||||
Paycom Software, Inc.* | 3,802 | 1,335,262 | ||||||
PTC, Inc.* | 8,320 | 955,885 | ||||||
Roper Technologies, Inc. | 8,356 | 3,363,959 | ||||||
Salesforce, Inc.* | 78,439 | 12,245,897 | ||||||
ServiceNow, Inc.* | 15,825 | 6,877,862 | ||||||
Synopsys, Inc.* | 12,098 | 4,186,150 | ||||||
Tyler Technologies, Inc.* | 3,274 | 1,216,324 | ||||||
231,599,944 | ||||||||
Specialty Retail - 1.8% | ||||||||
Advance Auto Parts, Inc. | 4,812 | 811,496 | ||||||
AutoZone, Inc.* | 1,585 | 3,358,948 | ||||||
Bath & Body Works, Inc. | 18,816 | 702,401 | ||||||
Best Buy Co., Inc. | 16,004 | 1,131,323 | ||||||
CarMax, Inc.* | 12,683 | 1,121,685 | ||||||
Home Depot, Inc. (The) | 81,591 | 23,532,476 | ||||||
Lowe's Cos., Inc. | 52,185 | 10,131,196 | ||||||
O'Reilly Automotive, Inc.* | 5,188 | 3,616,659 | ||||||
Ross Stores, Inc. | 27,750 | 2,393,992 | ||||||
TJX Cos., Inc. (The) | 92,743 | 5,782,526 | ||||||
Tractor Supply Co. | 8,850 | 1,638,577 | ||||||
Ulta Beauty, Inc.* | 4,120 | 1,729,864 | ||||||
55,951,143 | ||||||||
Technology Hardware, Storage & Peripherals - 6.4% | ||||||||
Apple, Inc. | 1,213,881 | 190,846,371 |
Ultra S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Hewlett Packard Enterprise Co. | 102,676 | 1,396,394 | ||||||
HP, Inc. | 83,137 | 2,386,863 | ||||||
NetApp, Inc. | 17,553 | 1,266,098 | ||||||
Seagate Technology Holdings plc(b) | 15,593 | 1,044,107 | ||||||
Western Digital Corp.* | 24,742 | 1,045,597 | ||||||
197,985,430 | ||||||||
Textiles, Apparel & Luxury Goods - 0.4% | ||||||||
NIKE, Inc., Class B | 100,168 | 10,662,884 | ||||||
PVH Corp. | 5,326 | 299,587 | ||||||
Ralph Lauren Corp. | 3,673 | 335,455 | ||||||
Tapestry, Inc. | 19,860 | 689,738 | ||||||
VF Corp. | 25,486 | 1,056,395 | ||||||
13,044,059 | ||||||||
Tobacco - 0.6% | ||||||||
Altria Group, Inc. | 142,956 | 6,450,175 | ||||||
Philip Morris International, Inc. | 122,374 | 11,685,493 | ||||||
18,135,668 | ||||||||
Trading Companies & Distributors - 0.2% | ||||||||
Fastenal Co. | 45,422 | 2,286,089 | ||||||
United Rentals, Inc.*(b) | 5,660 | 1,652,946 | ||||||
WW Grainger, Inc. | 3,387 | 1,879,582 | ||||||
5,818,617 | ||||||||
Water Utilities - 0.1% | ||||||||
American Water Works Co., Inc. | 14,337 | 2,128,328 | ||||||
Wireless Telecommunication Services - 0.2% | ||||||||
T-Mobile US, Inc.* | 46,511 | 6,695,724 | ||||||
TOTAL COMMON STOCKS (Cost $3,158,511,550) | 2,631,732,672 | |||||||
SECURITIES LENDING REINVESTMENTS(d) - 0.0%(c) | ||||||||
INVESTMENT COMPANIES - 0.0%(c) | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $567,000) | 567,000 | 567,000 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 36.1% | ||||||||
REPURCHASE AGREEMENTS(e) - 10.4% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $321,866,607 | ||||||||
(Cost $321,846,926) | 321,846,926 | 321,846,926 | ||||||
U.S. TREASURY OBLIGATIONS - 25.7% | ||||||||
U.S. Treasury Bills | ||||||||
1.35%, 9/8/2022(b)(f) | 50,000,000 | 49,980,215 | ||||||
1.53%, 9/15/2022(f) | 50,000,000 | 49,958,389 | ||||||
1.82%, 9/22/2022(f) | 275,000,000 | 274,671,147 | ||||||
1.68%, 9/29/2022(f) | 100,000,000 | 99,834,644 | ||||||
2.49%, 11/10/2022(f) | 130,000,000 | 129,342,988 | ||||||
2.64%, 11/17/2022(f) | 50,000,000 | 49,713,924 | ||||||
2.64%, 12/1/2022(f) | 100,000,000 | 99,275,602 | ||||||
0.69%, 12/29/2022(f) | 45,000,000 | 44,555,609 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $797,867,588) | 797,332,518 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,119,714,514) | 1,119,179,444 | |||||||
Total Investments - 120.9% (Cost $4,278,793,064) | 3,751,479,116 | |||||||
Liabilities in excess of other assets - (20.9%) | (647,317,478 | ) | ||||||
Net Assets - 100.0% | 3,104,161,638 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,809,421,741. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $2,989,719, collateralized in the form of cash with a value of $567,000 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $2,504,803 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from November 30, 2022 – May 15, 2051. The total value of collateral is $3,071,803. |
(c) | Represents less than 0.05% of net assets. |
(d) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $567,000. |
(e) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(f) | The rate shown was the current yield as of August 31, 2022. |
Ultra S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Purchased
Ultra S&P500® had the following open long futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||
S&P 500 E-Mini Index | 499 | 9/16/2022 | USD | $ | 98,714,675 | $ | 6,593,628 |
Swap Agreements
Ultra S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | |||||||||||
323,040,445 | 5/8/2023 | Bank of America NA | 2.68 | % | S&P 500® | (50,793,843 | ) | |||||||||
389,796,890 | 5/8/2023 | BNP Paribas SA | 2.93 | % | S&P 500® | (155,070,850 | ) | |||||||||
421,523,900 | 4/10/2023 | Citibank NA | 2.99 | % | S&P 500® | (89,006,278 | ) | |||||||||
407,467,830 | 4/10/2023 | Credit Suisse International | 2.93 | % | S&P 500® | (59,078,720 | ) | |||||||||
141,201,410 | 4/8/2024 | Goldman Sachs International | 2.93 | % | S&P 500® | (2,376,805 | ) | |||||||||
530,553,478 | 3/7/2023 | Goldman Sachs International | 2.84 | % | SPDR® S&P 500® ETF Trust | (126,777,997 | ) | |||||||||
364,010,290 | 5/8/2023 | J.P. Morgan Securities | 2.73 | % | S&P 500® | (77,612,958 | ) | |||||||||
234,760,890 | 4/10/2023 | Morgan Stanley & Co. International plc | 2.88 | % | S&P 500® | (43,905,836 | ) | |||||||||
322,383,915 | 11/6/2023 | Societe Generale | 2.83 | % | S&P 500® | (39,919,292 | ) | |||||||||
342,447,630 | 3/7/2023 | UBS AG | 2.83 | % | S&P 500® | (98,993,642 | ) | |||||||||
3,477,186,678 | (743,536,221 | ) | ||||||||||||||
Total Unrealized Depreciation | (743,536,221 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
Ultra Semiconductors
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 97.4% | ||||||||
Semiconductors & Semiconductor Equipment - 97.4% | ||||||||
Advanced Micro Devices, Inc.* | 131,968 | 11,200,124 | ||||||
Allegro MicroSystems, Inc.* | 4,488 | 104,660 | ||||||
Amkor Technology, Inc. | 8,180 | 164,663 | ||||||
Analog Devices, Inc. | 42,620 | 6,458,209 | ||||||
Applied Materials, Inc. | 71,952 | 6,768,525 | ||||||
Broadcom, Inc. | 33,254 | 16,597,404 | ||||||
Cirrus Logic, Inc.* | 4,665 | 357,759 | ||||||
Enphase Energy, Inc.* | 10,997 | 3,149,981 | ||||||
Entegris, Inc. | 12,114 | 1,149,376 | ||||||
GLOBALFOUNDRIES, Inc.*(b) | 4,335 | 259,320 | ||||||
Intel Corp. | 333,028 | 10,630,254 | ||||||
KLA Corp. | 12,151 | 4,181,524 | ||||||
Lam Research Corp. | 11,292 | 4,944,880 | ||||||
Lattice Semiconductor Corp.* | 11,209 | 604,165 | ||||||
Marvell Technology, Inc. | 69,265 | 3,242,987 | ||||||
Microchip Technology, Inc. | 45,285 | 2,954,846 | ||||||
Micron Technology, Inc. | 90,947 | 5,141,234 | ||||||
MKS Instruments, Inc. | 4,534 | 451,632 | ||||||
Monolithic Power Systems, Inc. | 3,570 | 1,617,853 | ||||||
NVIDIA Corp. | 203,940 | 30,782,703 | ||||||
NXP Semiconductors NV | 21,382 | 3,519,049 | ||||||
ON Semiconductor Corp.* | 35,387 | 2,433,564 | ||||||
Power Integrations, Inc. | 4,753 | 339,982 | ||||||
Qorvo, Inc.* | 8,827 | 792,488 | ||||||
QUALCOMM, Inc. | 91,219 | 12,065,537 | ||||||
Semtech Corp.* | 5,170 | 238,802 | ||||||
Silicon Laboratories, Inc.* | 2,981 | 373,609 | ||||||
Skyworks Solutions, Inc. | 13,106 | 1,291,596 | ||||||
SolarEdge Technologies, Inc.* | 4,512 | 1,245,177 | ||||||
Teradyne, Inc. | 13,048 | 1,104,383 | ||||||
Texas Instruments, Inc. | 75,102 | 12,407,601 | ||||||
Universal Display Corp. | 3,538 | 395,301 | ||||||
Wolfspeed, Inc.*(b) | 10,067 | 1,142,302 | ||||||
TOTAL COMMON STOCKS (Cost $183,264,008) | 148,111,490 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.1% | ||||||||
INVESTMENT COMPANIES - 0.1% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $205,875) | 205,875 | 205,875 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 10.1% | ||||||||
REPURCHASE AGREEMENTS(d) - 10.1% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $15,310,909 | ||||||||
(Cost $15,309,971) | 15,309,971 | 15,309,971 | ||||||
Total Investments - 107.6% (Cost $198,779,854) | 163,627,336 | |||||||
Liabilities in excess of other assets - (7.6%) | (11,571,453 | ) | ||||||
Net Assets - 100.0% | 152,055,883 |
Ultra Semiconductors
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $53,063,831. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $201,926, collateralized in the form of cash with a value of $205,875 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $5,046 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 3.75%, and maturity dates ranging from December 15, 2022 – February 15, 2049. The total value of collateral is $210,921. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $205,875. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Ultra Semiconductors had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||
33,736,102 | 5/8/2023 | Bank of America NA | 2.73 | % | Dow Jones U.S. SemiconductorsSM Indexc | (12,238,193 | ) | |||||||
25,920,101 | 11/6/2023 | BNP Paribas SA | 2.83 | % | Dow Jones U.S. SemiconductorsSM Indexc | (4,261,160 | ) | |||||||
5,651,381 | 11/7/2022 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. SemiconductorsSM Indexc | 13,674,947 | ||||||||
3,984,870 | 11/6/2023 | J.P. Morgan Securities | 2.78 | % | Dow Jones U.S. SemiconductorsSM Indexc | (5,017,878 | ) | |||||||
56,790,540 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. SemiconductorsSM Indexc | (1,470,926 | ) | |||||||
14,291,415 | 4/10/2023 | Societe Generale | 2.98 | % | Dow Jones U.S. SemiconductorsSM Indexc | (1,228,031 | ) | |||||||
15,515,163 | 3/7/2023 | UBS AG | 2.68 | % | Dow Jones U.S. SemiconductorsSM Indexc | (86,731,493 | ) | |||||||
155,889,572 | (97,272,734 | ) | ||||||||||||
Total Unrealized Appreciation | 13,674,947 | |||||||||||||
Total Unrealized Depreciation | (110,947,681 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
c | See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings. |
Ultra SmallCap600
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 82.9% | ||||||||
Aerospace & Defense - 1.0% | ||||||||
AAR Corp.* | 989 | 42,408 | ||||||
Aerojet Rocketdyne Holdings, Inc.* | 2,239 | 96,434 | ||||||
AeroVironment, Inc.* | 693 | 61,434 | ||||||
Kaman Corp. | 834 | 26,454 | ||||||
Moog, Inc., Class A | 868 | 65,083 | ||||||
National Presto Industries, Inc. | 153 | 10,438 | ||||||
Park Aerospace Corp. | 580 | 6,676 | ||||||
Triumph Group, Inc.* | 1,934 | 25,123 | ||||||
334,050 | ||||||||
Air Freight & Logistics - 0.7% | ||||||||
Atlas Air Worldwide Holdings, Inc.* | 784 | 78,337 | ||||||
Forward Air Corp. | 804 | 78,020 | ||||||
Hub Group, Inc., Class A* | 1,017 | 81,167 | ||||||
237,524 | ||||||||
Airlines - 0.4% | ||||||||
Allegiant Travel Co.* | 457 | 44,100 | ||||||
Hawaiian Holdings, Inc.* | 1,534 | 22,995 | ||||||
SkyWest, Inc.* | 1,510 | 32,148 | ||||||
Sun Country Airlines Holdings, Inc.* | 897 | 17,868 | ||||||
117,111 | ||||||||
Auto Components - 1.1% | ||||||||
American Axle & Manufacturing Holdings, Inc.* | 3,424 | 35,438 | ||||||
Dorman Products, Inc.* | 847 | 76,781 | ||||||
Gentherm, Inc.* | 990 | 59,301 | ||||||
LCI Industries | 760 | 88,061 | ||||||
Motorcar Parts of America, Inc.* | 572 | 8,500 | ||||||
Patrick Industries, Inc.(b) | 653 | 34,590 | ||||||
Standard Motor Products, Inc. | 569 | 20,882 | ||||||
XPEL, Inc.*(c) | 494 | 33,854 | ||||||
357,407 | ||||||||
Automobiles - 0.2% | ||||||||
Winnebago Industries, Inc.(b) | 980 | 56,428 | ||||||
Banks - 8.7% | ||||||||
Allegiance Bancshares, Inc. | 567 | 24,018 | ||||||
Ameris Bancorp | 1,973 | 92,100 | ||||||
Banc of California, Inc. | 1,585 | 26,755 | ||||||
BancFirst Corp.(b) | 569 | 61,372 | ||||||
Bancorp, Inc. (The)* | 1,692 | 40,134 | ||||||
BankUnited, Inc. | 2,446 | 90,624 | ||||||
Banner Corp. | 1,027 | 62,400 | ||||||
Berkshire Hills Bancorp, Inc. | 1,416 | 39,945 | ||||||
Brookline Bancorp, Inc. | 2,317 | 28,893 | ||||||
Central Pacific Financial Corp. | 824 | 17,955 | ||||||
City Holding Co. | 446 | 37,914 | ||||||
Columbia Banking System, Inc. | 2,327 | 69,694 | ||||||
Community Bank System, Inc. | 1,610 | 105,262 | ||||||
Customers Bancorp, Inc.* | 906 | 31,429 | ||||||
CVB Financial Corp.(b) | 3,964 | 104,015 | ||||||
Dime Community Bancshares, Inc. | 961 | 30,041 | ||||||
Eagle Bancorp, Inc. | 958 | 46,492 | ||||||
FB Financial Corp. | 1,057 | 41,878 | ||||||
First Bancorp | 1,033 | 37,612 | ||||||
First Bancorp | 5,907 | 84,470 | ||||||
First Commonwealth Financial Corp. | 2,819 | 38,000 | ||||||
First Financial Bancorp | 2,823 | 60,920 | ||||||
First Hawaiian, Inc. | 3,829 | 98,444 | ||||||
Hanmi Financial Corp. | 910 | 22,495 | ||||||
Heritage Financial Corp. | 1,048 | 27,237 | ||||||
Hilltop Holdings, Inc. | 1,485 | 39,204 | ||||||
HomeStreet, Inc. | 559 | 19,459 | ||||||
Hope Bancorp, Inc. | 3,599 | 52,078 | ||||||
Independent Bank Corp. | 1,398 | 109,366 | ||||||
Independent Bank Group, Inc. | 1,086 | 73,153 | ||||||
Lakeland Financial Corp. | 758 | 57,108 | ||||||
National Bank Holdings Corp., Class A | 898 | 36,037 | ||||||
NBT Bancorp, Inc. | 1,281 | 49,677 | ||||||
Northwest Bancshares, Inc. | 3,788 | 53,297 | ||||||
OFG Bancorp | 1,453 | 39,522 | ||||||
Pacific Premier Bancorp, Inc. | 2,839 | 93,006 | ||||||
Park National Corp. | 432 | 56,951 | ||||||
Pathward Financial, Inc. | 877 | 28,906 | ||||||
Preferred Bank | 407 | 27,611 | ||||||
Renasant Corp. | 1,672 | 55,744 | ||||||
S&T Bancorp, Inc. | 1,175 | 34,827 | ||||||
Seacoast Banking Corp. of Florida | 1,830 | 59,146 | ||||||
ServisFirst Bancshares, Inc. | 1,460 | 123,166 | ||||||
Simmons First National Corp., Class A | 3,789 | 89,382 | ||||||
Southside Bancshares, Inc. | 959 | 36,135 | ||||||
Tompkins Financial Corp. | 350 | 25,074 | ||||||
Triumph Bancorp, Inc.*(b) | 706 | 43,708 | ||||||
Trustmark Corp. | 1,839 | 58,002 | ||||||
United Community Banks, Inc. | 3,137 | 105,184 | ||||||
Veritex Holdings, Inc. | 1,611 | 48,507 | ||||||
Westamerica Bancorp | 805 | 45,040 | ||||||
2,779,389 | ||||||||
Beverages - 0.2% | ||||||||
MGP Ingredients, Inc. | 374 | 40,938 | ||||||
National Beverage Corp. | 696 | 38,600 | ||||||
79,538 | ||||||||
Biotechnology - 2.3% | ||||||||
Anika Therapeutics, Inc.* | 434 | 9,808 | ||||||
Arcus Biosciences, Inc.* | 1,393 | 33,543 | ||||||
Avid Bioservices, Inc.*(b) | 1,846 | 31,788 | ||||||
Coherus Biosciences, Inc.* | 1,921 | 21,477 | ||||||
Cytokinetics, Inc.* | 2,559 | 135,525 | ||||||
Dynavax Technologies Corp.* | 3,510 | 40,260 | ||||||
Eagle Pharmaceuticals, Inc.* | 336 | 11,011 | ||||||
Emergent BioSolutions, Inc.* | 1,337 | 32,115 | ||||||
Enanta Pharmaceuticals, Inc.* | 552 | 33,606 | ||||||
Ironwood Pharmaceuticals, Inc.* | 4,599 | 49,485 | ||||||
iTeos Therapeutics, Inc.* | 607 | 13,463 | ||||||
Ligand Pharmaceuticals, Inc.* | 504 | 46,565 | ||||||
Myriad Genetics, Inc.* | 2,402 | 53,661 | ||||||
Organogenesis Holdings, Inc.* | 1,897 | 6,810 | ||||||
REGENXBIO, Inc.* | 1,135 | 33,482 | ||||||
uniQure NV* | 1,088 | 21,260 | ||||||
Vanda Pharmaceuticals, Inc.* | 1,690 | 17,880 | ||||||
Vericel Corp.* | 1,411 | 35,204 | ||||||
Vir Biotechnology, Inc.* | 2,216 | 52,630 | ||||||
Xencor, Inc.* | 1,779 | 46,948 | ||||||
726,521 | ||||||||
Building Products - 1.6% | ||||||||
AAON, Inc. | 1,255 | 72,137 | ||||||
American Woodmark Corp.* | 494 | 25,604 | ||||||
Apogee Enterprises, Inc. | 663 | 27,077 |
Ultra SmallCap600
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Gibraltar Industries, Inc.* | 981 | 41,055 | ||||||
Griffon Corp. | 1,431 | 44,862 | ||||||
Insteel Industries, Inc. | 581 | 16,791 | ||||||
PGT Innovations, Inc.* | 1,791 | 37,468 | ||||||
Quanex Building Products Corp. | 998 | 22,255 | ||||||
Resideo Technologies, Inc.* | 4,348 | 90,525 | ||||||
UFP Industries, Inc. | 1,874 | 148,777 | ||||||
526,551 | ||||||||
Capital Markets - 0.8% | ||||||||
B Riley Financial, Inc. | 483 | 24,039 | ||||||
Blucora, Inc.* | 1,414 | 28,393 | ||||||
Brightsphere Investment Group, Inc. | 966 | 16,509 | ||||||
Donnelley Financial Solutions, Inc.* | 834 | 35,403 | ||||||
Piper Sandler Cos. | 424 | 48,578 | ||||||
StoneX Group, Inc.* | 512 | 47,534 | ||||||
Virtus Investment Partners, Inc. | 209 | 39,971 | ||||||
WisdomTree Investments, Inc. | 3,290 | 16,483 | ||||||
256,910 | ||||||||
Chemicals - 2.5% | ||||||||
AdvanSix, Inc. | 839 | 30,422 | ||||||
American Vanguard Corp. | 803 | 16,004 | ||||||
Balchem Corp. | 959 | 126,415 | ||||||
FutureFuel Corp. | 776 | 5,657 | ||||||
GCP Applied Technologies, Inc.* | 1,612 | 50,649 | ||||||
Hawkins, Inc. | 562 | 21,536 | ||||||
HB Fuller Co. | 1,587 | 102,933 | ||||||
Innospec, Inc. | 741 | 69,254 | ||||||
Koppers Holdings, Inc. | 632 | 14,429 | ||||||
Livent Corp.* | 4,836 | 155,622 | ||||||
Mativ Holdings, Inc. | 1,625 | 38,383 | ||||||
Quaker Chemical Corp. | 401 | 69,902 | ||||||
Rayonier Advanced Materials, Inc.* | 1,912 | 8,642 | ||||||
Stepan Co. | 635 | 66,186 | ||||||
Tredegar Corp. | 771 | 7,872 | ||||||
Trinseo plc | 1,081 | 28,679 | ||||||
812,585 | ||||||||
Commercial Services & Supplies - 1.7% | ||||||||
ABM Industries, Inc. | 1,998 | 92,707 | ||||||
Brady Corp., Class A | 1,436 | 66,831 | ||||||
CoreCivic, Inc., REIT* | 3,637 | 34,661 | ||||||
Deluxe Corp. | 1,285 | 24,723 | ||||||
GEO Group, Inc. (The)* | 3,712 | 30,364 | ||||||
Harsco Corp.* | 2,376 | 13,472 | ||||||
Healthcare Services Group, Inc. | 2,214 | 31,151 | ||||||
HNI Corp. | 1,268 | 40,576 | ||||||
Interface, Inc. | 1,778 | 19,860 | ||||||
KAR Auction Services, Inc.* | 3,633 | 53,042 | ||||||
Matthews International Corp., Class A | 937 | 23,434 | ||||||
Pitney Bowes, Inc. | 4,877 | 14,095 | ||||||
UniFirst Corp. | 453 | 81,658 | ||||||
Viad Corp.* | 615 | 23,481 | ||||||
550,055 | ||||||||
Communications Equipment - 1.3% | ||||||||
ADTRAN Holdings, Inc. | 2,305 | 53,568 | ||||||
CalAmp Corp.*(b) | 1,082 | 6,687 | ||||||
Clearfield, Inc.* | 342 | 39,709 | ||||||
Comtech Telecommunications Corp. | 792 | 8,942 | ||||||
Digi International, Inc.* | 1,048 | 34,699 | ||||||
Extreme Networks, Inc.* | 3,911 | 56,045 | ||||||
Harmonic, Inc.* | 3,124 | 35,176 | ||||||
NETGEAR, Inc.* | 861 | 20,311 | ||||||
NetScout Systems, Inc.* | 2,208 | 70,082 | ||||||
Viavi Solutions, Inc.* | 6,812 | 95,913 | ||||||
421,132 | ||||||||
Construction & Engineering - 1.0% | ||||||||
Arcosa, Inc. | 1,443 | 84,343 | ||||||
Comfort Systems USA, Inc. | 1,076 | 107,966 | ||||||
Granite Construction, Inc.(b) | 1,355 | 40,623 | ||||||
MYR Group, Inc.* | 508 | 47,213 | ||||||
NV5 Global, Inc.* | 355 | 49,970 | ||||||
330,115 | ||||||||
Consumer Finance - 0.7% | ||||||||
Encore Capital Group, Inc.* | 727 | 39,752 | ||||||
Enova International, Inc.* | 973 | 33,997 | ||||||
EZCORP, Inc., Class A*(b) | 1,605 | 14,044 | ||||||
Green Dot Corp., Class A* | 1,621 | 32,890 | ||||||
LendingTree, Inc.* | 330 | 10,062 | ||||||
PRA Group, Inc.* | 1,191 | 43,995 | ||||||
PROG Holdings, Inc.* | 1,614 | 29,923 | ||||||
World Acceptance Corp.* | 111 | 12,903 | ||||||
217,566 | ||||||||
Containers & Packaging - 0.3% | ||||||||
Myers Industries, Inc. | 1,088 | 21,020 | ||||||
O-I Glass, Inc.* | 4,672 | 60,783 | ||||||
81,803 | ||||||||
Diversified Consumer Services - 0.8% | ||||||||
Adtalem Global Education, Inc.* | 1,350 | 50,881 | ||||||
American Public Education, Inc.* | 564 | 5,826 | ||||||
Frontdoor, Inc.* | 2,471 | 58,019 | ||||||
Perdoceo Education Corp.* | 2,058 | 23,832 | ||||||
Strategic Education, Inc. | 687 | 44,449 | ||||||
Stride, Inc.* | 1,278 | 48,743 | ||||||
WW International, Inc.* | 1,600 | 8,352 | ||||||
240,102 | ||||||||
Diversified Telecommunication Services - 0.3% | ||||||||
ATN International, Inc. | 327 | 15,320 | ||||||
Cogent Communications Holdings, Inc. | 1,277 | 68,000 | ||||||
Consolidated Communications Holdings, Inc.* | 2,177 | 12,496 | ||||||
95,816 | ||||||||
Electrical Equipment - 0.4% | ||||||||
AZZ, Inc. | 738 | 31,446 | ||||||
Encore Wire Corp. | 591 | 76,889 | ||||||
Powell Industries, Inc. | 271 | 6,683 | ||||||
115,018 | ||||||||
Electronic Equipment, Instruments & Components - 3.5% | ||||||||
Advanced Energy Industries, Inc. | 1,123 | 100,834 | ||||||
Arlo Technologies, Inc.* | 2,598 | 15,822 | ||||||
Badger Meter, Inc. | 876 | 82,948 | ||||||
Benchmark Electronics, Inc. | 1,049 | 28,795 | ||||||
CTS Corp. | 958 | 40,543 | ||||||
ePlus, Inc.* | 805 | 37,932 | ||||||
Fabrinet* | 1,099 | 113,021 | ||||||
FARO Technologies, Inc.* | 547 | 18,352 | ||||||
Insight Enterprises, Inc.* | 1,047 | 95,403 | ||||||
Itron, Inc.* | 1,348 | 64,138 | ||||||
Knowles Corp.* | 2,744 | 41,572 | ||||||
Methode Electronics, Inc. | 1,104 | 44,668 | ||||||
OSI Systems, Inc.* | 474 | 39,494 | ||||||
PC Connection, Inc. | 331 | 16,444 |
Ultra SmallCap600
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Plexus Corp.* | 828 | 77,608 | ||||||
Rogers Corp.* | 560 | 140,291 | ||||||
Sanmina Corp.* | 1,820 | 88,306 | ||||||
ScanSource, Inc.* | 753 | 21,814 | ||||||
TTM Technologies, Inc.* | 3,021 | 47,520 | ||||||
1,115,505 | ||||||||
Energy Equipment & Services - 1.6% | ||||||||
Archrock, Inc. | 4,040 | 29,856 | ||||||
Bristow Group, Inc.* | 694 | 20,133 | ||||||
Core Laboratories NV | 1,385 | 22,368 | ||||||
DMC Global, Inc.* | 583 | 13,012 | ||||||
Dril-Quip, Inc.* | 1,031 | 22,816 | ||||||
Helix Energy Solutions Group, Inc.* | 4,266 | 18,429 | ||||||
Helmerich & Payne, Inc. | 3,147 | 134,534 | ||||||
Nabors Industries Ltd.* | 265 | 35,115 | ||||||
Oceaneering International, Inc.* | 2,997 | 26,523 | ||||||
Oil States International, Inc.*(b) | 1,854 | 9,085 | ||||||
Patterson-UTI Energy, Inc. | 6,467 | 96,358 | ||||||
ProPetro Holding Corp.* | 2,556 | 23,413 | ||||||
RPC, Inc. | 2,107 | 16,751 | ||||||
US Silica Holdings, Inc.* | 2,256 | 31,652 | ||||||
500,045 | ||||||||
Entertainment - 0.2% | ||||||||
Cinemark Holdings, Inc.*(b) | 3,204 | 45,113 | ||||||
Marcus Corp. (The) | 658 | 10,587 | ||||||
55,700 | ||||||||
Equity Real Estate Investment Trusts (REITs) - 5.9% | ||||||||
Acadia Realty Trust | 2,838 | 45,209 | ||||||
Agree Realty Corp.(b) | 2,249 | 169,395 | ||||||
Alexander & Baldwin, Inc. | 2,173 | 40,700 | ||||||
American Assets Trust, Inc. | 1,572 | 43,639 | ||||||
Armada Hoffler Properties, Inc. | 2,026 | 26,601 | ||||||
Brandywine Realty Trust | 5,128 | 41,178 | ||||||
CareTrust REIT, Inc. | 2,901 | 62,488 | ||||||
Centerspace | 461 | 34,750 | ||||||
Chatham Lodging Trust* | 1,459 | 17,741 | ||||||
Community Healthcare Trust, Inc. | 704 | 25,971 | ||||||
DiamondRock Hospitality Co.* | 6,305 | 55,043 | ||||||
Diversified Healthcare Trust | 7,153 | 10,443 | ||||||
Easterly Government Properties, Inc. | 2,715 | 48,734 | ||||||
Essential Properties Realty Trust, Inc. | 4,148 | 93,911 | ||||||
Four Corners Property Trust, Inc. | 2,403 | 64,617 | ||||||
Franklin Street Properties Corp. | 2,779 | 7,809 | ||||||
Getty Realty Corp. | 1,215 | 36,547 | ||||||
Global Net Lease, Inc. | 3,097 | 42,646 | ||||||
Hersha Hospitality Trust* | 991 | 9,613 | ||||||
Industrial Logistics Properties Trust | 1,956 | 14,650 | ||||||
Innovative Industrial Properties, Inc. | 834 | 76,495 | ||||||
iStar, Inc. | 2,477 | 34,108 | ||||||
LTC Properties, Inc. | 1,179 | 52,925 | ||||||
LXP Industrial Trust(b) | 8,570 | 86,214 | ||||||
NexPoint Residential Trust, Inc. | 693 | 36,604 | ||||||
Office Properties Income Trust | 1,448 | 25,441 | ||||||
Orion Office REIT, Inc. | 1,694 | 16,720 | ||||||
Retail Opportunity Investments Corp. | 3,713 | 62,193 | ||||||
RPT Realty | 2,546 | 24,518 | ||||||
Safehold, Inc. | 464 | 17,646 | ||||||
Saul Centers, Inc. | 393 | 17,406 | ||||||
Service Properties Trust | 4,937 | 33,769 | ||||||
SITE Centers Corp. | 5,434 | 70,425 | ||||||
Summit Hotel Properties, Inc. | 3,204 | 25,183 | ||||||
Sunstone Hotel Investors, Inc.* | 6,435 | 70,077 | ||||||
Tanger Factory Outlet Centers, Inc.(b) | 3,122 | 48,141 | ||||||
Uniti Group, Inc. | 7,088 | 66,556 | ||||||
Universal Health Realty Income Trust | 383 | 19,491 | ||||||
Urban Edge Properties | 3,300 | 51,909 | ||||||
Urstadt Biddle Properties, Inc., Class A | 902 | 15,081 | ||||||
Veris Residential, Inc.* | 2,395 | 32,189 | ||||||
Washington REIT | 2,614 | 51,261 | ||||||
Whitestone REIT | 1,381 | 13,589 | ||||||
Xenia Hotels & Resorts, Inc.* | 3,418 | 54,210 | ||||||
1,893,836 | ||||||||
Food & Staples Retailing - 0.7% | ||||||||
Andersons, Inc. (The) | 941 | 34,845 | ||||||
Chefs' Warehouse, Inc. (The)* | 983 | 32,773 | ||||||
PriceSmart, Inc. | 722 | 45,681 | ||||||
SpartanNash Co. | 1,081 | 32,895 | ||||||
United Natural Foods, Inc.* | 1,741 | 76,744 | ||||||
222,938 | ||||||||
Food Products - 1.6% | ||||||||
B&G Foods, Inc.(b) | 2,059 | 44,598 | ||||||
Calavo Growers, Inc. | 529 | 22,239 | ||||||
Cal-Maine Foods, Inc. | 1,123 | 60,204 | ||||||
Fresh Del Monte Produce, Inc.(b) | 1,001 | 27,367 | ||||||
Hostess Brands, Inc.* | 4,136 | 95,873 | ||||||
J & J Snack Foods Corp. | 446 | 66,467 | ||||||
John B Sanfilippo & Son, Inc. | 267 | 21,555 | ||||||
Seneca Foods Corp., Class A* | 182 | 9,615 | ||||||
Simply Good Foods Co. (The)* | 2,644 | 80,774 | ||||||
Tootsie Roll Industries, Inc. | 532 | 19,062 | ||||||
TreeHouse Foods, Inc.* | 1,676 | 78,102 | ||||||
525,856 | ||||||||
Gas Utilities - 0.7% | ||||||||
Chesapeake Utilities Corp. | 529 | 66,813 | ||||||
Northwest Natural Holding Co. | 1,024 | 48,752 | ||||||
South Jersey Industries, Inc. | 3,661 | 123,925 | ||||||
239,490 | ||||||||
Health Care Equipment & Supplies - 2.8% | ||||||||
AngioDynamics, Inc.* | 1,159 | 25,660 | ||||||
Artivion, Inc.* | 1,201 | 26,614 | ||||||
Avanos Medical, Inc.* | 1,416 | 34,876 | ||||||
BioLife Solutions, Inc.* | 912 | 21,532 | ||||||
Cardiovascular Systems, Inc.* | 1,220 | 16,116 | ||||||
CONMED Corp. | 882 | 78,119 | ||||||
Cutera, Inc.* | 493 | 23,541 | ||||||
Embecta Corp. | 1,729 | 55,190 | ||||||
Glaukos Corp.* | 1,417 | 68,795 | ||||||
Heska Corp.* | 323 | 29,416 | ||||||
Inogen, Inc.* | 614 | 17,579 | ||||||
Integer Holdings Corp.* | 990 | 62,439 | ||||||
Lantheus Holdings, Inc.* | 2,051 | 161,619 | ||||||
LeMaitre Vascular, Inc. | 578 | 28,542 | ||||||
Meridian Bioscience, Inc.* | 1,302 | 42,432 | ||||||
Merit Medical Systems, Inc.* | 1,524 | 90,267 | ||||||
Mesa Laboratories, Inc. | 157 | 26,825 | ||||||
OraSure Technologies, Inc.* | 2,171 | 8,879 | ||||||
Orthofix Medical, Inc.* | 596 | 11,860 | ||||||
Surmodics, Inc.* | 419 | 14,116 |
Ultra SmallCap600
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Varex Imaging Corp.* | 1,192 | 25,139 | ||||||
Zimvie, Inc.* | 622 | 9,467 | ||||||
Zynex, Inc. | 666 | 5,954 | ||||||
884,977 | ||||||||
Health Care Providers & Services - 3.0% | ||||||||
AdaptHealth Corp.* | 2,931 | 52,670 | ||||||
Addus HomeCare Corp.* | 479 | 42,736 | ||||||
AMN Healthcare Services, Inc.*(b) | 1,337 | 137,230 | ||||||
Apollo Medical Holdings, Inc.*(b) | 1,139 | 49,125 | ||||||
Community Health Systems, Inc.* | 3,789 | 10,079 | ||||||
CorVel Corp.* | 278 | 43,196 | ||||||
Covetrus, Inc.* | 3,125 | 65,219 | ||||||
Cross Country Healthcare, Inc.* | 1,061 | 26,928 | ||||||
Enhabit, Inc.* | 1,506 | 25,000 | ||||||
Ensign Group, Inc. (The) | 1,575 | 134,347 | ||||||
Fulgent Genetics, Inc.* | 590 | 25,647 | ||||||
Hanger, Inc.* | 1,110 | 20,679 | ||||||
Joint Corp. (The)* | 432 | 7,880 | ||||||
ModivCare, Inc.* | 370 | 40,078 | ||||||
Owens & Minor, Inc. | 2,276 | 67,165 | ||||||
Pediatrix Medical Group, Inc.* | 2,576 | 45,904 | ||||||
Pennant Group, Inc. (The)* | 812 | 12,724 | ||||||
RadNet, Inc.* | 1,395 | 28,026 | ||||||
Select Medical Holdings Corp. | 3,084 | 79,074 | ||||||
US Physical Therapy, Inc. | 389 | 32,135 | ||||||
945,842 | ||||||||
Health Care Technology - 0.5% | ||||||||
Allscripts Healthcare Solutions, Inc.* | 3,469 | 58,973 | ||||||
Computer Programs and Systems, Inc.* | 440 | 13,424 | ||||||
HealthStream, Inc.* | 728 | 16,111 | ||||||
NextGen Healthcare, Inc.* | 1,680 | 28,795 | ||||||
OptimizeRx Corp.* | 544 | 8,633 | ||||||
Simulations Plus, Inc. | 472 | 28,344 | ||||||
154,280 | ||||||||
Hotels, Restaurants & Leisure - 1.5% | ||||||||
BJ's Restaurants, Inc.* | 699 | 17,531 | ||||||
Bloomin' Brands, Inc. | 2,412 | 48,771 | ||||||
Brinker International, Inc.* | 1,311 | 32,133 | ||||||
Cheesecake Factory, Inc. (The) | 1,466 | 44,889 | ||||||
Chuy's Holdings, Inc.* | 566 | 12,639 | ||||||
Dave & Buster's Entertainment, Inc.* | 1,164 | 48,120 | ||||||
Dine Brands Global, Inc. | 501 | 33,366 | ||||||
El Pollo Loco Holdings, Inc.* | 584 | 5,285 | ||||||
Golden Entertainment, Inc.* | 608 | 23,262 | ||||||
Jack in the Box, Inc. | 630 | 50,312 | ||||||
Monarch Casino & Resort, Inc.* | 395 | 23,854 | ||||||
Ruth's Hospitality Group, Inc. | 937 | 17,072 | ||||||
Shake Shack, Inc., Class A* | 1,172 | 55,857 | ||||||
Six Flags Entertainment Corp.* | 2,326 | 51,521 | ||||||
464,612 | ||||||||
Household Durables - 2.1% | ||||||||
Cavco Industries, Inc.* | 255 | 59,673 | ||||||
Century Communities, Inc. | 867 | 40,480 | ||||||
Ethan Allen Interiors, Inc. | 658 | 15,641 | ||||||
Green Brick Partners, Inc.* | 1,375 | 33,495 | ||||||
Installed Building Products, Inc. | 692 | 62,667 | ||||||
iRobot Corp.*(b) | 812 | 47,811 | ||||||
La-Z-Boy, Inc. | 1,293 | 34,122 | ||||||
LGI Homes, Inc.*(b) | 621 | 58,939 | ||||||
M/I Homes, Inc.* | 846 | 36,581 | ||||||
MDC Holdings, Inc. | 1,702 | 52,898 | ||||||
Meritage Homes Corp.* | 1,097 | 85,950 | ||||||
Sonos, Inc.* | 3,823 | 57,498 | ||||||
Tri Pointe Homes, Inc.* | 3,092 | 53,584 | ||||||
Tupperware Brands Corp.* | 1,372 | 15,421 | ||||||
Universal Electronics, Inc.* | 377 | 8,381 | ||||||
663,141 | ||||||||
Household Products - 0.4% | ||||||||
Central Garden & Pet Co.* | 292 | 11,657 | ||||||
Central Garden & Pet Co., Class A* | 1,184 | 44,708 | ||||||
WD-40 Co. | 408 | 77,177 | ||||||
133,542 | ||||||||
Insurance - 2.2% | ||||||||
Ambac Financial Group, Inc.* | 1,347 | 20,326 | ||||||
American Equity Investment Life Holding Co. | 2,311 | 87,818 | ||||||
AMERISAFE, Inc. | 578 | 27,640 | ||||||
Assured Guaranty Ltd. | 1,914 | 97,748 | ||||||
eHealth, Inc.* | 726 | 4,646 | ||||||
Employers Holdings, Inc. | 829 | 32,464 | ||||||
Genworth Financial, Inc., Class A* | 15,265 | 64,418 | ||||||
HCI Group, Inc. | 234 | 11,183 | ||||||
Horace Mann Educators Corp. | 1,238 | 44,283 | ||||||
James River Group Holdings Ltd. | 1,121 | 26,635 | ||||||
Palomar Holdings, Inc.* | 717 | 56,851 | ||||||
ProAssurance Corp. | 1,614 | 34,524 | ||||||
Safety Insurance Group, Inc. | 420 | 37,821 | ||||||
Selectquote, Inc.* | 3,740 | 4,151 | ||||||
SiriusPoint Ltd.* | 2,590 | 11,577 | ||||||
Stewart Information Services Corp. | 809 | 40,968 | ||||||
Trupanion, Inc.* | 1,034 | 72,980 | ||||||
United Fire Group, Inc. | 647 | 19,041 | ||||||
Universal Insurance Holdings, Inc. | 832 | 9,934 | ||||||
705,008 | ||||||||
Interactive Media & Services - 0.5% | ||||||||
Cars.com, Inc.* | 1,955 | 24,926 | ||||||
QuinStreet, Inc.* | 1,508 | 18,111 | ||||||
Shutterstock, Inc. | 693 | 38,399 | ||||||
Yelp, Inc.* | 1,991 | 68,033 | ||||||
149,469 | ||||||||
Internet & Direct Marketing Retail - 0.1% | ||||||||
Liquidity Services, Inc.* | 797 | 13,939 | ||||||
PetMed Express, Inc. | 628 | 12,918 | ||||||
26,857 | ||||||||
IT Services - 1.3% | ||||||||
CSG Systems International, Inc. | 931 | 53,858 | ||||||
EVERTEC, Inc. | 1,947 | 65,419 | ||||||
ExlService Holdings, Inc.* | 995 | 166,872 | ||||||
Perficient, Inc.* | 1,036 | 80,912 | ||||||
TTEC Holdings, Inc. | 549 | 28,740 | ||||||
Unisys Corp.* | 2,023 | 18,834 | ||||||
414,635 | ||||||||
Leisure Products - 0.2% | ||||||||
Sturm Ruger & Co., Inc. | 525 | 27,431 | ||||||
Vista Outdoor, Inc.* | 1,678 | 47,186 | ||||||
74,617 | ||||||||
Life Sciences Tools & Services - 0.1% | ||||||||
NeoGenomics, Inc.* | 3,730 | 37,487 | ||||||
Machinery - 3.7% | ||||||||
Alamo Group, Inc. | 297 | 38,836 | ||||||
Albany International Corp., Class A | 943 | 83,163 | ||||||
Astec Industries, Inc. | 683 | 26,077 |
Ultra SmallCap600
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Barnes Group, Inc. | 1,394 | 43,284 | ||||||
CIRCOR International, Inc.* | 607 | 9,894 | ||||||
Enerpac Tool Group Corp. | 1,812 | 35,153 | ||||||
EnPro Industries, Inc. | 621 | 56,238 | ||||||
ESCO Technologies, Inc. | 772 | 62,864 | ||||||
Federal Signal Corp. | 1,814 | 72,324 | ||||||
Franklin Electric Co., Inc. | 1,163 | 101,006 | ||||||
Greenbrier Cos., Inc. (The) | 974 | 27,769 | ||||||
Hillenbrand, Inc. | 2,143 | 89,299 | ||||||
John Bean Technologies Corp.(b) | 951 | 98,200 | ||||||
Lindsay Corp. | 330 | 52,919 | ||||||
Mueller Industries, Inc. | 1,702 | 107,515 | ||||||
Proto Labs, Inc.* | 822 | 31,565 | ||||||
SPX Technologies, Inc.* | 1,369 | 78,115 | ||||||
Standex International Corp. | 359 | 32,457 | ||||||
Tennant Co. | 556 | 33,555 | ||||||
Titan International, Inc.* | 1,538 | 21,578 | ||||||
Trinity Industries, Inc. | 2,093 | 51,027 | ||||||
Wabash National Corp. | 1,465 | 24,099 | ||||||
1,176,937 | ||||||||
Marine - 0.3% | ||||||||
Matson, Inc. | 1,212 | 89,276 | ||||||
Media - 0.5% | ||||||||
AMC Networks, Inc., Class A* | 892 | 23,897 | ||||||
EW Scripps Co. (The), Class A* | 1,729 | 25,849 | ||||||
Gannett Co., Inc.* | 4,388 | 10,180 | ||||||
Scholastic Corp. | 910 | 41,778 | ||||||
TechTarget, Inc.* | 795 | 51,595 | ||||||
Thryv Holdings, Inc.* | 511 | 13,071 | ||||||
166,370 | ||||||||
Metals & Mining - 1.5% | ||||||||
Arconic Corp.* | 3,162 | 79,714 | ||||||
ATI, Inc.*(b) | 3,711 | 111,070 | ||||||
Carpenter Technology Corp.(b) | 1,442 | 48,985 | ||||||
Century Aluminum Co.* | 1,529 | 11,804 | ||||||
Compass Minerals International, Inc. | 1,022 | 41,381 | ||||||
Haynes International, Inc. | 372 | 14,765 | ||||||
Kaiser Aluminum Corp. | 475 | 34,086 | ||||||
Materion Corp. | 613 | 52,908 | ||||||
Olympic Steel, Inc. | 278 | 7,317 | ||||||
SunCoke Energy, Inc. | 2,494 | 16,435 | ||||||
TimkenSteel Corp.* | 1,240 | 19,022 | ||||||
Warrior Met Coal, Inc. | 1,546 | 50,322 | ||||||
487,809 | ||||||||
Mortgage Real Estate Investment Trusts (REITs) - 1.1% | ||||||||
Apollo Commercial Real Estate Finance, Inc. | 3,952 | 46,041 | ||||||
ARMOUR Residential REIT, Inc. | 3,086 | 21,911 | ||||||
Ellington Financial, Inc. | 1,695 | 24,883 | ||||||
Franklin BSP Realty Trust, Inc. | 2,504 | 32,302 | ||||||
Granite Point Mortgage Trust, Inc. | 1,610 | 15,166 | ||||||
Invesco Mortgage Capital, Inc. | 986 | 15,668 | ||||||
KKR Real Estate Finance Trust, Inc. | 1,482 | 28,543 | ||||||
New York Mortgage Trust, Inc. | 11,400 | 31,920 | ||||||
PennyMac Mortgage Investment Trust | 2,751 | 40,852 | ||||||
Ready Capital Corp. | 2,013 | 26,370 | ||||||
Redwood Trust, Inc. | 3,600 | 27,900 | ||||||
Two Harbors Investment Corp. | 10,290 | 49,906 | ||||||
361,462 | ||||||||
Multiline Retail - 0.1% | ||||||||
Big Lots, Inc. | 854 | 17,567 | ||||||
Multi-Utilities - 0.4% | ||||||||
Avista Corp. | 2,166 | 88,005 | ||||||
Unitil Corp. | 478 | 24,899 | ||||||
112,904 | ||||||||
Oil, Gas & Consumable Fuels - 2.4% | ||||||||
Callon Petroleum Co.*(b) | 1,420 | 60,435 | ||||||
Civitas Resources, Inc. | 2,159 | 145,063 | ||||||
CONSOL Energy, Inc. | 957 | 68,693 | ||||||
Dorian LPG Ltd. | 828 | 12,047 | ||||||
Green Plains, Inc.* | 1,606 | 58,828 | ||||||
Laredo Petroleum, Inc.* | 434 | 33,683 | ||||||
Par Pacific Holdings, Inc.* | 1,368 | 25,718 | ||||||
PBF Energy, Inc., Class A* | 2,855 | 97,527 | ||||||
Ranger Oil Corp. | 633 | 24,681 | ||||||
REX American Resources Corp.* | 467 | 14,150 | ||||||
SM Energy Co. | 3,638 | 160,327 | ||||||
Talos Energy, Inc.* | 1,235 | 25,602 | ||||||
World Fuel Services Corp. | 1,885 | 48,633 | ||||||
775,387 | ||||||||
Paper & Forest Products - 0.3% | ||||||||
Clearwater Paper Corp.* | 504 | 21,440 | ||||||
Glatfelter Corp. | 1,341 | 6,531 | ||||||
Mercer International, Inc. | 1,206 | 19,561 | ||||||
Sylvamo Corp. | 1,053 | 46,795 | ||||||
94,327 | ||||||||
Personal Products - 0.7% | ||||||||
Edgewell Personal Care Co. | 1,579 | 61,518 | ||||||
elf Beauty, Inc.* | 1,432 | 54,602 | ||||||
Inter Parfums, Inc. | 533 | 41,851 | ||||||
Medifast, Inc. | 343 | 43,040 | ||||||
USANA Health Sciences, Inc.* | 343 | 22,130 | ||||||
223,141 | ||||||||
Pharmaceuticals - 1.4% | ||||||||
Amphastar Pharmaceuticals, Inc.* | 1,124 | 33,270 | ||||||
ANI Pharmaceuticals, Inc.* | 392 | 14,461 | ||||||
Cara Therapeutics, Inc.* | 1,265 | 13,055 | ||||||
Collegium Pharmaceutical, Inc.* | 1,015 | 17,844 | ||||||
Corcept Therapeutics, Inc.* | 2,859 | 73,819 | ||||||
Harmony Biosciences Holdings, Inc.* | 689 | 30,254 | ||||||
Innoviva, Inc.*(b) | 1,874 | 24,662 | ||||||
Nektar Therapeutics* | 5,573 | 21,958 | ||||||
Pacira BioSciences, Inc.* | 1,357 | 71,215 | ||||||
Phibro Animal Health Corp., Class A | 608 | 9,004 | ||||||
Prestige Consumer Healthcare, Inc.* | 1,503 | 76,022 | ||||||
Supernus Pharmaceuticals, Inc.* | 1,595 | 54,597 | ||||||
440,161 | ||||||||
Professional Services - 1.3% | ||||||||
Exponent, Inc. | 1,550 | 145,483 | ||||||
Forrester Research, Inc.* | 329 | 13,683 | ||||||
Heidrick & Struggles International, Inc. | 591 | 16,820 | ||||||
Kelly Services, Inc., Class A | 1,033 | 16,642 | ||||||
Korn Ferry | 1,610 | 98,081 | ||||||
ManTech International Corp., Class A | 823 | 78,934 | ||||||
Resources Connection, Inc. | 932 | 18,211 |
Ultra SmallCap600
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
TrueBlue, Inc.* | 994 | 20,417 | ||||||
408,271 | ||||||||
Real Estate Management & Development - 0.4% | ||||||||
Anywhere Real Estate, Inc.* | 3,533 | 34,517 | ||||||
Douglas Elliman, Inc. | 2,069 | 9,538 | ||||||
Marcus & Millichap, Inc. | 734 | 27,437 | ||||||
RE/MAX Holdings, Inc., Class A | 577 | 13,133 | ||||||
St Joe Co. (The) | 986 | 37,665 | ||||||
122,290 | ||||||||
Road & Rail - 0.4% | ||||||||
ArcBest Corp. | 732 | 58,948 | ||||||
Heartland Express, Inc. | 1,393 | 21,104 | ||||||
Marten Transport Ltd. | 1,765 | 34,965 | ||||||
115,017 | ||||||||
Semiconductors & Semiconductor Equipment - 2.6% | ||||||||
Alpha & Omega Semiconductor Ltd.* | 648 | 25,052 | ||||||
Axcelis Technologies, Inc.* | 987 | 66,070 | ||||||
CEVA, Inc.* | 694 | 20,313 | ||||||
Cohu, Inc.* | 1,454 | 39,011 | ||||||
Diodes, Inc.* | 1,353 | 96,293 | ||||||
FormFactor, Inc.* | 2,333 | 68,310 | ||||||
Ichor Holdings Ltd.* | 857 | 26,327 | ||||||
Kulicke & Soffa Industries, Inc. | 1,768 | 74,327 | ||||||
MaxLinear, Inc.* | 2,127 | 76,423 | ||||||
Onto Innovation, Inc.* | 1,481 | 105,136 | ||||||
PDF Solutions, Inc.* | 883 | 23,293 | ||||||
Photronics, Inc.* | 1,846 | 31,013 | ||||||
Rambus, Inc.* | 3,296 | 85,004 | ||||||
SMART Global Holdings, Inc.* | 1,416 | 25,984 | ||||||
Ultra Clean Holdings, Inc.* | 1,348 | 39,456 | ||||||
Veeco Instruments, Inc.* | 1,532 | 32,386 | ||||||
834,398 | ||||||||
Software - 2.0% | ||||||||
8x8, Inc.* | 3,541 | 18,449 | ||||||
A10 Networks, Inc. | 1,744 | 24,242 | ||||||
Agilysys, Inc.* | 585 | 30,285 | ||||||
Alarm.com Holdings, Inc.*(b) | 1,377 | 91,708 | ||||||
Cerence, Inc.*(b) | 1,174 | 23,492 | ||||||
Consensus Cloud Solutions, Inc.* | 477 | 24,017 | ||||||
Digital Turbine, Inc.* | 2,638 | 48,724 | ||||||
Ebix, Inc. | 712 | 18,526 | ||||||
InterDigital, Inc. | 920 | 46,147 | ||||||
LivePerson, Inc.* | 2,071 | 24,024 | ||||||
LiveRamp Holdings, Inc.* | 2,039 | 40,474 | ||||||
OneSpan, Inc.* | 1,030 | 11,855 | ||||||
Progress Software Corp. | 1,307 | 62,906 | ||||||
SPS Commerce, Inc.* | 1,079 | 131,767 | ||||||
Xperi Holding Corp. | 3,110 | 49,480 | ||||||
646,096 | ||||||||
Specialty Retail - 3.6% | ||||||||
Aaron's Co., Inc. (The) | 919 | 10,936 | ||||||
Abercrombie & Fitch Co., Class A* | 1,506 | 21,671 | ||||||
Academy Sports & Outdoors, Inc. | 2,552 | 109,940 | ||||||
America's Car-Mart, Inc.* | 180 | 14,510 | ||||||
Asbury Automotive Group, Inc.* | 661 | 115,331 | ||||||
Bed Bath & Beyond, Inc.*(b) | 2,386 | 22,739 | ||||||
Boot Barn Holdings, Inc.* | 889 | 59,225 | ||||||
Buckle, Inc. (The) | 883 | 28,503 | ||||||
Caleres, Inc. | 1,135 | 28,965 | ||||||
Cato Corp. (The), Class A | 525 | 5,675 | ||||||
Chico's FAS, Inc.* | 3,744 | 21,266 | ||||||
Children's Place, Inc. (The)* | 384 | 16,197 | ||||||
Conn's, Inc.* | 464 | 4,459 | ||||||
Designer Brands, Inc., Class A | 1,815 | 30,964 | ||||||
Genesco, Inc.* | 386 | 21,840 | ||||||
Group 1 Automotive, Inc. | 495 | 88,402 | ||||||
Guess?, Inc.(b) | 1,073 | 18,745 | ||||||
Haverty Furniture Cos., Inc. | 415 | 11,130 | ||||||
Hibbett, Inc. | 363 | 21,272 | ||||||
LL Flooring Holdings, Inc.* | 893 | 7,269 | ||||||
MarineMax, Inc.* | 645 | 23,439 | ||||||
Monro, Inc. | 1,003 | 46,449 | ||||||
National Vision Holdings, Inc.* | 2,434 | 80,882 | ||||||
ODP Corp. (The)* | 1,308 | 46,761 | ||||||
Rent-A-Center, Inc. | 1,607 | 41,525 | ||||||
Sally Beauty Holdings, Inc.* | 3,200 | 47,616 | ||||||
Shoe Carnival, Inc. | 511 | 12,157 | ||||||
Signet Jewelers Ltd. | 1,417 | 92,629 | ||||||
Sleep Number Corp.* | 664 | 27,510 | ||||||
Sonic Automotive, Inc., Class A(b) | 586 | 31,170 | ||||||
Urban Outfitters, Inc.* | 1,915 | 38,549 | ||||||
Zumiez, Inc.* | 493 | 12,798 | ||||||
1,160,524 | ||||||||
Technology Hardware, Storage & Peripherals - 0.3% | ||||||||
3D Systems Corp.*(b) | 3,898 | 39,487 | ||||||
Avid Technology, Inc.* | 1,062 | 29,046 | ||||||
Corsair Gaming, Inc.*(b) | 999 | 15,374 | ||||||
Diebold Nixdorf, Inc.* | 2,200 | 7,656 | ||||||
91,563 | ||||||||
Textiles, Apparel & Luxury Goods - 0.8% | ||||||||
Fossil Group, Inc.* | 1,413 | 5,977 | ||||||
G-III Apparel Group Ltd.* | 1,289 | 27,159 | ||||||
Kontoor Brands, Inc. | 1,390 | 51,750 | ||||||
Movado Group, Inc. | 480 | 15,307 | ||||||
Oxford Industries, Inc. | 461 | 49,203 | ||||||
Steven Madden Ltd. | 2,245 | 65,352 | ||||||
Unifi, Inc.* | 417 | 4,737 | ||||||
Wolverine World Wide, Inc. | 2,413 | 47,150 | ||||||
266,635 | ||||||||
Thrifts & Mortgage Finance - 1.8% | ||||||||
Axos Financial, Inc.* | 1,603 | 66,973 | ||||||
Capitol Federal Financial, Inc. | 3,862 | 34,990 | ||||||
Flagstar Bancorp, Inc. | 1,591 | 61,301 | ||||||
Mr Cooper Group, Inc.* | 2,210 | 93,483 | ||||||
NMI Holdings, Inc., Class A* | 2,575 | 52,865 | ||||||
Northfield Bancorp, Inc. | 1,287 | 18,970 | ||||||
Provident Financial Services, Inc. | 2,251 | 52,291 | ||||||
TrustCo Bank Corp. | 575 | 19,170 | ||||||
Walker & Dunlop, Inc.(b) | 910 | 91,419 | ||||||
WSFS Financial Corp. | 1,936 | 93,606 | ||||||
585,068 | ||||||||
Tobacco - 0.2% | ||||||||
Universal Corp. | 736 | 37,566 | ||||||
Vector Group Ltd. | 3,938 | 38,592 | ||||||
76,158 | ||||||||
Trading Companies & Distributors - 1.1% | ||||||||
Applied Industrial Technologies, Inc. | 1,151 | 122,029 | ||||||
Boise Cascade Co. | 1,178 | 73,425 | ||||||
DXP Enterprises, Inc.* | 512 | 13,609 | ||||||
GMS, Inc.* | 1,287 | 62,034 | ||||||
NOW, Inc.* | 3,311 | 40,129 | ||||||
Veritiv Corp.* | 417 | 49,702 | ||||||
360,928 |
Ultra SmallCap600
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Water Utilities - 0.7% | ||||||||
American States Water Co. | 1,105 | 91,682 | ||||||
California Water Service Group | 1,605 | 93,941 | ||||||
Middlesex Water Co. | 524 | 46,515 | ||||||
232,138 | ||||||||
Wireless Telecommunication Services - 0.4% | ||||||||
Gogo, Inc.* | 2,042 | 30,344 | ||||||
Shenandoah Telecommunications Co. | 1,498 | 33,391 | ||||||
Telephone and Data Systems, Inc. | 2,948 | 47,964 | ||||||
111,699 | ||||||||
TOTAL COMMON STOCKS (Cost $29,516,752) |
26,499,584 | |||||||
SECURITIES LENDING REINVESTMENTS(d) - 0.4% | ||||||||
INVESTMENT COMPANIES - 0.4% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $126,336) | 126,336 | 126,336 |
Investments | Principal Amount ($) |
Value ($) | ||||||
SHORT-TERM INVESTMENTS - 32.7% | ||||||||
REPURCHASE AGREEMENTS(e) - 32.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $10,453,701 | ||||||||
(Cost $10,453,062) | 10,453,062 | 10,453,062 | ||||||
Total Investments - 116.0% (Cost $40,096,150) |
37,078,982 | |||||||
Liabilities in excess of other assets - (16.0%) | (5,105,063 | ) | ||||||
Net Assets - 100.0% | 31,973,919 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $9,089,842. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $585,086, collateralized in the form of cash with a value of $126,336 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $479,910 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $606,246. |
(c) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. |
(d) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $126,336. |
(e) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
Ultra SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | |||||||||||
9,379,489 | 5/8/2023 | Bank of America NA | 2.68 | % | S&P SmallCap 600® | (2,164,159 | ) | |||||||||
5,801,502 | 11/7/2022 | Citibank NA | 2.68 | % | S&P SmallCap 600® | (1,017,285 | ) | |||||||||
4,571,347 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | S&P SmallCap 600® | (742,577 | ) | |||||||||
9,158,085 | 3/7/2023 | Societe Generale | 2.78 | % | S&P SmallCap 600® | (1,625,823 | ) | |||||||||
8,535,312 | 3/7/2023 | UBS AG | 2.63 | % | S&P SmallCap 600® | (1,072,575 | ) | |||||||||
37,445,735 | (6,622,419 | ) | ||||||||||||||
Total Unrealized Depreciation | (6,622,419 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Ultra Technology
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 93.0% | ||||||||
Communications Equipment - 2.6% | ||||||||
Arista Networks, Inc.* | 9,299 | 1,114,764 | ||||||
Ciena Corp.* | 6,286 | 318,952 | ||||||
Cisco Systems, Inc. | 171,686 | 7,677,798 | ||||||
F5, Inc.* | 2,496 | 392,022 | ||||||
Juniper Networks, Inc. | 13,352 | 379,464 | ||||||
Lumentum Holdings, Inc.*(b) | 2,852 | 238,284 | ||||||
Motorola Solutions, Inc. | 6,916 | 1,683,423 | ||||||
Ubiquiti, Inc.(b) | 251 | 77,908 | ||||||
Viavi Solutions, Inc.* | 9,420 | 132,634 | ||||||
12,015,249 | ||||||||
Diversified Telecommunication Services - 0.2% | ||||||||
Liberty Global plc, Class A* | 7,239 | 146,228 | ||||||
Liberty Global plc, Class C* | 12,305 | 262,219 | ||||||
Lumen Technologies, Inc. | 38,430 | 382,763 | ||||||
791,210 | ||||||||
Electronic Equipment, Instruments & Components - 0.3% | ||||||||
CDW Corp. | 5,582 | 952,847 | ||||||
TD SYNNEX Corp. | 1,705 | 164,158 | ||||||
1,117,005 | ||||||||
Health Care Technology - 0.3% | ||||||||
Veeva Systems, Inc., Class A* | 5,779 | 1,151,870 | ||||||
Household Durables - 0.1% | ||||||||
Garmin Ltd. | 6,308 | 558,195 | ||||||
Interactive Media & Services - 15.3% | ||||||||
Alphabet, Inc., Class A* | 248,630 | 26,906,739 | ||||||
Alphabet, Inc., Class C* | 227,892 | 24,874,412 | ||||||
Angi, Inc.* | 3,086 | 12,529 | ||||||
Bumble, Inc., Class A*(b) | 3,001 | 75,175 | ||||||
Cargurus, Inc.* | 3,639 | 68,049 | ||||||
IAC, Inc.* | 3,479 | 223,595 | ||||||
Match Group, Inc.* | 11,808 | 667,506 | ||||||
Meta Platforms, Inc., Class A* | 94,712 | 15,431,426 | ||||||
Snap, Inc., Class A* | 45,120 | 490,906 | ||||||
Twitter, Inc.* | 31,524 | 1,221,555 | ||||||
Vimeo, Inc.* | 6,483 | 38,380 | ||||||
Ziff Davis, Inc.* | 1,950 | 150,696 | ||||||
70,160,968 | ||||||||
Internet & Direct Marketing Retail - 0.5% | ||||||||
Chewy, Inc., Class A*(b) | 3,743 | 128,497 | ||||||
DoorDash, Inc., Class A* | 6,901 | 413,370 | ||||||
eBay, Inc. | 23,134 | 1,020,903 | ||||||
Etsy, Inc.* | 5,252 | 554,664 | ||||||
2,117,434 | ||||||||
IT Services - 3.4% | ||||||||
Akamai Technologies, Inc.* | 6,624 | 598,015 | ||||||
Amdocs Ltd. | 5,152 | 440,341 | ||||||
Cloudflare, Inc., Class A* | 11,611 | 726,500 | ||||||
Cognizant Technology Solutions Corp., Class A | 21,544 | 1,360,935 | ||||||
DXC Technology Co.* | 10,103 | 250,352 | ||||||
EPAM Systems, Inc.* | 2,364 | 1,008,246 | ||||||
Fastly, Inc., Class A* | 4,547 | 42,515 | ||||||
Gartner, Inc.* | 3,328 | 949,545 | ||||||
GoDaddy, Inc., Class A* | 6,684 | 506,781 | ||||||
International Business Machines Corp. | 37,172 | 4,774,743 | ||||||
Kyndryl Holdings, Inc.* | 7,428 | 77,400 | ||||||
MongoDB, Inc.* | 2,790 | 900,779 | ||||||
Okta, Inc.* | 6,232 | 569,605 | ||||||
Snowflake, Inc., Class A* | 9,998 | 1,809,138 | ||||||
SolarWinds Corp.* | 1,861 | 16,879 | ||||||
Squarespace, Inc., Class A* | 1,177 | 24,717 | ||||||
Thoughtworks Holding, Inc.* | 1,538 | 20,240 | ||||||
Twilio, Inc., Class A* | 7,094 | 493,601 | ||||||
VeriSign, Inc.* | 3,942 | 718,311 | ||||||
15,288,643 | ||||||||
Semiconductors & Semiconductor Equipment - 16.4% | ||||||||
Advanced Micro Devices, Inc.* | 66,973 | 5,684,029 | ||||||
Allegro MicroSystems, Inc.* | 2,275 | 53,053 | ||||||
Amkor Technology, Inc. | 4,145 | 83,439 | ||||||
Analog Devices, Inc. | 21,627 | 3,277,139 | ||||||
Applied Materials, Inc. | 36,504 | 3,433,931 | ||||||
Broadcom, Inc. | 16,873 | 8,421,483 | ||||||
Cirrus Logic, Inc.* | 2,370 | 181,755 | ||||||
Enphase Energy, Inc.* | 5,579 | 1,598,049 | ||||||
Entegris, Inc. | 6,145 | 583,038 | ||||||
GLOBALFOUNDRIES, Inc.*(b) | 2,193 | 131,185 | ||||||
Intel Corp. | 168,972 | 5,393,586 | ||||||
KLA Corp. | 6,168 | 2,122,594 | ||||||
Lam Research Corp. | 5,732 | 2,510,100 | ||||||
Lattice Semiconductor Corp.* | 5,689 | 306,637 | ||||||
Marvell Technology, Inc. | 35,128 | 1,644,693 | ||||||
Microchip Technology, Inc. | 22,979 | 1,499,380 | ||||||
Micron Technology, Inc. | 46,142 | 2,608,407 | ||||||
MKS Instruments, Inc. | 2,300 | 229,103 | ||||||
Monolithic Power Systems, Inc. | 1,814 | 822,069 | ||||||
NVIDIA Corp. | 103,436 | 15,612,630 | ||||||
NXP Semiconductors NV | 10,849 | 1,785,528 | ||||||
ON Semiconductor Corp.* | 17,952 | 1,234,559 | ||||||
Power Integrations, Inc. | 2,415 | 172,745 | ||||||
Qorvo, Inc.* | 4,485 | 402,663 | ||||||
QUALCOMM, Inc. | 46,289 | 6,122,646 | ||||||
Semtech Corp.* | 2,624 | 121,203 | ||||||
Silicon Laboratories, Inc.* | 1,509 | 189,123 | ||||||
Skyworks Solutions, Inc. | 6,650 | 655,358 | ||||||
SolarEdge Technologies, Inc.* | 2,288 | 631,419 | ||||||
Teradyne, Inc. | 6,621 | 560,402 | ||||||
Texas Instruments, Inc. | 38,124 | 6,298,466 | ||||||
Universal Display Corp. | 1,796 | 200,667 | ||||||
Wolfspeed, Inc.*(b) | 5,109 | 579,718 | ||||||
75,150,797 | ||||||||
Software - 31.1% | ||||||||
ACI Worldwide, Inc.* | 4,738 | 112,291 | ||||||
Adobe, Inc.* | 19,515 | 7,287,682 | ||||||
Alteryx, Inc., Class A* | 2,493 | 155,364 | ||||||
ANSYS, Inc.* | 3,597 | 893,135 | ||||||
Appian Corp.* | 1,693 | 79,402 | ||||||
AppLovin Corp., Class A*(b) | 1,482 | 36,502 | ||||||
Asana, Inc., Class A* | 3,453 | 66,125 | ||||||
Aspen Technology, Inc.* | 1,161 | 244,507 | ||||||
Autodesk, Inc.* | 8,990 | 1,813,643 | ||||||
Avalara, Inc.* | 3,632 | 332,655 | ||||||
Bentley Systems, Inc., Class B | 7,755 | 285,151 | ||||||
Bill.com Holdings, Inc.* | 3,834 | 620,648 | ||||||
Black Knight, Inc.* | 6,445 | 426,401 | ||||||
Blackbaud, Inc.* | 1,885 | 98,585 | ||||||
Blackline, Inc.*(b) | 2,229 | 151,438 | ||||||
Cadence Design Systems, Inc.* | 11,394 | 1,979,935 | ||||||
CCC Intelligent Solutions Holdings, Inc.* | 2,535 | 24,235 | ||||||
Ceridian HCM Holding, Inc.* | 5,680 | 338,755 |
Ultra Technology
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Citrix Systems, Inc. | 5,156 | 529,882 | ||||||
Clear Secure, Inc., Class A*(b) | 586 | 13,443 | ||||||
Confluent, Inc., Class A* | 4,836 | 132,313 | ||||||
Consensus Cloud Solutions, Inc.* | 666 | 33,533 | ||||||
Coupa Software, Inc.* | 3,099 | 180,982 | ||||||
Crowdstrike Holdings, Inc., Class A* | 8,819 | 1,610,438 | ||||||
Datadog, Inc., Class A* | 10,645 | 1,117,193 | ||||||
Digital Turbine, Inc.* | 3,639 | 67,212 | ||||||
DocuSign, Inc.* | 8,262 | 481,014 | ||||||
Dolby Laboratories, Inc., Class A | 2,674 | 195,844 | ||||||
Dropbox, Inc., Class A*(b) | 11,061 | 236,595 | ||||||
Duck Creek Technologies, Inc.* | 3,121 | 37,140 | ||||||
Dynatrace, Inc.* | 8,146 | 311,014 | ||||||
Elastic NV* | 3,016 | 253,073 | ||||||
Fair Isaac Corp.* | 1,072 | 481,757 | ||||||
Five9, Inc.* | 2,875 | 282,066 | ||||||
Fortinet, Inc.* | 27,531 | 1,340,484 | ||||||
Gitlab, Inc., Class A* | 1,511 | 90,464 | ||||||
Guidewire Software, Inc.* | 3,453 | 247,615 | ||||||
HashiCorp, Inc., Class A*(b) | 1,317 | 46,556 | ||||||
HubSpot, Inc.* | 1,880 | 633,635 | ||||||
Informatica, Inc., Class A*(b) | 1,267 | 27,963 | ||||||
Intuit, Inc. | 11,691 | 5,047,940 | ||||||
LiveRamp Holdings, Inc.* | 2,817 | 55,917 | ||||||
Mandiant Corp.* | 9,921 | 226,794 | ||||||
Manhattan Associates, Inc.* | 2,608 | 368,406 | ||||||
Matterport, Inc.*(b) | 8,845 | 40,775 | ||||||
Microsoft Corp. | 309,101 | 80,820,638 | ||||||
MicroStrategy, Inc., Class A*(b) | 382 | 88,456 | ||||||
nCino, Inc.*(b) | 2,366 | 74,624 | ||||||
NCR Corp.* | 5,646 | 175,308 | ||||||
New Relic, Inc.* | 2,464 | 149,589 | ||||||
NortonLifeLock, Inc. | 24,047 | 543,222 | ||||||
Nutanix, Inc., Class A* | 9,114 | 157,672 | ||||||
Oracle Corp. | 65,039 | 4,822,642 | ||||||
Palantir Technologies, Inc., Class A* | 67,587 | 521,772 | ||||||
Palo Alto Networks, Inc.* | 4,077 | 2,270,114 | ||||||
Paycom Software, Inc.* | 1,986 | 697,483 | ||||||
Paylocity Holding Corp.* | 1,642 | 395,722 | ||||||
Pegasystems, Inc. | 1,694 | 62,017 | ||||||
Procore Technologies, Inc.* | 388 | 21,185 | ||||||
PTC, Inc.* | 4,350 | 499,771 | ||||||
Q2 Holdings, Inc.*(b) | 2,366 | 93,977 | ||||||
Qualtrics International, Inc., Class A* | 4,271 | 52,320 | ||||||
Rapid7, Inc.*(b) | 2,411 | 138,632 | ||||||
RingCentral, Inc., Class A* | 3,516 | 151,329 | ||||||
Roper Technologies, Inc. | 4,375 | 1,761,287 | ||||||
Salesforce, Inc.* | 41,060 | 6,410,287 | ||||||
Samsara, Inc., Class A*(b) | 2,824 | 41,993 | ||||||
SentinelOne, Inc., Class A* | 7,669 | 209,440 | ||||||
ServiceNow, Inc.* | 8,286 | 3,601,261 | ||||||
Smartsheet, Inc., Class A* | 5,321 | 177,030 | ||||||
Splunk, Inc.* | 6,651 | 598,790 | ||||||
Synopsys, Inc.* | 6,330 | 2,190,307 | ||||||
Trade Desk, Inc. (The), Class A* | 18,260 | 1,144,902 | ||||||
Tyler Technologies, Inc.* | 1,714 | 636,768 | ||||||
UiPath, Inc., Class A* | 11,462 | 188,550 | ||||||
Unity Software, Inc.*(b) | 6,842 | 292,290 | ||||||
Varonis Systems, Inc.* | 4,533 | 123,978 | ||||||
Verint Systems, Inc.* | 2,668 | 129,371 | ||||||
VMware, Inc., Class A | 8,358 | 969,779 | ||||||
Workday, Inc., Class A* | 8,208 | 1,350,708 | ||||||
Workiva, Inc.* | 1,987 | 134,897 | ||||||
Zendesk, Inc.* | 5,068 | 389,070 | ||||||
Zoom Video Communications, Inc., Class A* | 9,394 | 755,278 | ||||||
Zscaler, Inc.* | 3,323 | 529,155 | ||||||
142,408,116 | ||||||||
Technology Hardware, Storage & Peripherals - 22.8% | ||||||||
Apple, Inc. | 635,177 | 99,862,528 | ||||||
Dell Technologies, Inc., Class C | 11,341 | 434,247 | ||||||
Hewlett Packard Enterprise Co. | 53,733 | 730,769 | ||||||
HP, Inc. | 43,530 | 1,249,746 | ||||||
NetApp, Inc. | 9,194 | 663,163 | ||||||
Pure Storage, Inc., Class A* | 11,596 | 335,936 | ||||||
Seagate Technology Holdings plc | 8,166 | 546,796 | ||||||
Western Digital Corp.* | 12,945 | 547,056 | ||||||
Xerox Holdings Corp. | 4,928 | 81,903 | ||||||
104,452,144 | ||||||||
TOTAL COMMON STOCKS (Cost $511,989,557) | 425,211,631 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.1% | ||||||||
INVESTMENT COMPANIES - 0.1% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $487,875) | 487,875 | 487,875 |
Ultra Technology
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 17.9% | ||||||||
REPURCHASE AGREEMENTS(d) - 17.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $81,800,484 | ||||||||
(Cost $81,795,481) | 81,795,481 | 81,795,481 | ||||||
Total Investments - 111.0% (Cost $594,272,913) |
507,494,987 | |||||||
Liabilities in excess of other assets - (11.0%) | (50,212,734 | ) | ||||||
Net Assets - 100.0% | 457,282,253 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $201,308,964. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $1,302,929, collateralized in the form of cash with a value of $487,875 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $867,247 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from December 15, 2022 – May 15, 2051. The total value of collateral is $1,355,122. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $487,875. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Ultra Technology Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Swap Agreements
Ultra Technology had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
56,515,067 | 5/8/2023 | Bank of America NA | 2.68 | % | Dow Jones U.S. TechnologySM Indexc | (29,578,366 | ) | |||||||||
98,702,957 | 5/8/2023 | BNP Paribas SA | 2.93 | % | Dow Jones U.S. TechnologySM Indexc | (42,917,456 | ) | |||||||||
89,513,974 | 4/10/2023 | Citibank NA | 2.63 | % | Dow Jones U.S. TechnologySM Indexc | (27,510,451 | ) | |||||||||
27,462,133 | 4/10/2023 | Credit Suisse International | 2.93 | % | Dow Jones U.S. TechnologySM Indexc | (9,909,709 | ) | |||||||||
14,531,172 | 3/7/2023 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. TechnologySM Indexc | (37,665,155 | ) | |||||||||
39,250,585 | 5/8/2023 | J.P. Morgan Securities | 2.78 | % | Dow Jones U.S. TechnologySM Indexc | (36,885,001 | ) | |||||||||
7,857,803 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. TechnologySM Indexc | (325,431 | ) | |||||||||
141,618,654 | 4/10/2023 | Societe Generale | 2.88 | % | Dow Jones U.S. TechnologySM Indexc | 2,347,200 | ||||||||||
14,566,111 | 3/7/2023 | UBS AG | 2.93 | % | Dow Jones U.S. TechnologySM Indexc | (73,051,853 | ) | |||||||||
490,018,456 | (255,496,222 | ) | ||||||||||||||
Total Unrealized Appreciation | 2,347,200 | |||||||||||||||
Total Unrealized Depreciation | (257,843,422 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | |||||||||||||
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | |||||||||||||
c | See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings. | |||||||||||||
Ultra Telecommunications
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 92.0% | ||||||||
Communications Equipment - 48.9% | ||||||||
ADTRAN Holdings, Inc. | 450 | 10,458 | ||||||
Arista Networks, Inc.* | 742 | 88,951 | ||||||
Ciena Corp.* | 889 | 45,108 | ||||||
Cisco Systems, Inc. | 8,506 | 380,388 | ||||||
CommScope Holding Co., Inc.* | 1,211 | 13,684 | ||||||
Comtech Telecommunications Corp. | 155 | 1,750 | ||||||
Extreme Networks, Inc.* | 765 | 10,962 | ||||||
F5, Inc.* | 353 | 55,442 | ||||||
Harmonic, Inc.* | 611 | 6,880 | ||||||
Inseego Corp.* | 471 | 1,272 | ||||||
Juniper Networks, Inc. | 1,888 | 53,657 | ||||||
Lumentum Holdings, Inc.* | 403 | 33,671 | ||||||
Motorola Solutions, Inc. | 351 | 85,437 | ||||||
NETGEAR, Inc.* | 168 | 3,963 | ||||||
NetScout Systems, Inc.* | 431 | 13,680 | ||||||
Ribbon Communications, Inc.* | 711 | 2,496 | ||||||
Ubiquiti, Inc.(b) | 35 | 10,864 | ||||||
Viasat, Inc.* | 435 | 16,521 | ||||||
Viavi Solutions, Inc.* | 1,331 | 18,740 | ||||||
853,924 | ||||||||
Diversified Telecommunication Services - 33.6% | ||||||||
Anterix, Inc.* | 107 | 4,542 | ||||||
AT&T, Inc. | 3,630 | 63,670 | ||||||
ATN International, Inc. | 63 | 2,952 | ||||||
Consolidated Communications Holdings, Inc.* | 425 | 2,439 | ||||||
EchoStar Corp., Class A* | 218 | 4,013 | ||||||
Frontier Communications Parent, Inc.* | 1,217 | 31,350 | ||||||
Globalstar, Inc.*(b) | 3,891 | 7,782 | ||||||
IDT Corp., Class B* | 102 | 2,608 | ||||||
Iridium Communications, Inc.* | 748 | 33,204 | ||||||
Liberty Global plc, Class A* | 1,023 | 20,665 | ||||||
Liberty Global plc, Class C* | 1,739 | 37,058 | ||||||
Liberty Latin America Ltd., Class A* | 228 | 1,596 | ||||||
Liberty Latin America Ltd., Class C* | 892 | 6,217 | ||||||
Lumen Technologies, Inc. | 5,433 | 54,113 | ||||||
Radius Global Infrastructure, Inc.* | 417 | 5,742 | ||||||
Verizon Communications, Inc. | 7,397 | 309,269 | ||||||
587,220 | ||||||||
Household Durables - 3.8% | ||||||||
Garmin Ltd. | 738 | 65,306 | ||||||
Wireless Telecommunication Services - 5.7% | ||||||||
Shenandoah Telecommunications Co. | 292 | 6,508 | ||||||
Telephone and Data Systems, Inc. | 577 | 9,388 | ||||||
T-Mobile US, Inc.* | 565 | 81,337 | ||||||
United States Cellular Corp.* | 86 | 2,459 | ||||||
99,692 | ||||||||
TOTAL COMMON STOCKS (Cost $1,651,224) | 1,606,142 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.9% | ||||||||
INVESTMENT COMPANIES - 0.9% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $16,578) | 16,578 | 16,578 |
Investments | Principal Amount ($) |
Value ($) | ||||||
SHORT-TERM INVESTMENTS - 20.9% | ||||||||
REPURCHASE AGREEMENTS(d) - 20.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $365,570 | ||||||||
(Cost $365,547) | 365,547 | 365,547 | ||||||
Total Investments - 113.8% (Cost $2,033,349) |
1,988,267 | |||||||
Liabilities in excess of other assets - (13.8%) | (240,834 | ) | ||||||
Net Assets - 100.0% | 1,747,433 |
Ultra Telecommunications Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $819,651. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $16,102, collateralized in the form of cash with a value of $16,578 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $16,578. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements | ||||||||||||||
Ultra Telecommunications had the following open non-exchange traded total return swap agreements as of August 31, 2022: | ||||||||||||||
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | |||||||||||
210,354 | 5/8/2023 | Bank of America NA | 2.63 | % | Dow Jones U.S. Select TelecommunicationsSM Indexc | (68,465 | ) | |||||||||
332,494 | 4/10/2023 | Citibank NA | 2.63 | % | Dow Jones U.S. Select TelecommunicationsSM Indexc | (68,050 | ) | |||||||||
488,563 | 3/7/2023 | Goldman Sachs International | 2.93 | % | Dow Jones U.S. Select TelecommunicationsSM Indexc | (147,023 | ) | |||||||||
71,249 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. Select TelecommunicationsSM Indexc | (3,357 | ) | |||||||||
340,976 | 3/7/2023 | Societe Generale | 2.78 | % | Dow Jones U.S. Select TelecommunicationsSM Indexc | (97,075 | ) | |||||||||
452,939 | 3/7/2023 | UBS AG | 2.68 | % | Dow Jones U.S. Select TelecommunicationsSM Indexc | (106,777 | ) | |||||||||
1,896,575 | (490,747 | ) | ||||||||||||||
Total Unrealized Depreciation | (490,747 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | ||||||||||||
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | ||||||||||||
c | See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings. | ||||||||||||
Ultra Utilities Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 80.9% | ||||||||
Electric Utilities - 49.7% | ||||||||
ALLETE, Inc. | 780 | 46,160 | ||||||
Alliant Energy Corp. | 3,432 | 209,489 | ||||||
American Electric Power Co., Inc. | 7,026 | 704,005 | ||||||
Avangrid, Inc. | 952 | 47,029 | ||||||
Constellation Energy Corp. | 4,472 | 364,870 | ||||||
Duke Energy Corp. | 10,535 | 1,126,297 | ||||||
Edison International | 5,217 | 353,556 | ||||||
Entergy Corp. | 2,783 | 320,880 | ||||||
Evergy, Inc. | 3,141 | 215,253 | ||||||
Eversource Energy | 4,720 | 423,337 | ||||||
Exelon Corp. | 13,416 | 589,097 | ||||||
FirstEnergy Corp. | 7,814 | 309,044 | ||||||
Hawaiian Electric Industries, Inc. | 1,498 | 58,602 | ||||||
IDACORP, Inc. | 692 | 75,594 | ||||||
NextEra Energy, Inc. | 26,879 | 2,286,328 | ||||||
NRG Energy, Inc. | 3,247 | 134,036 | ||||||
PG&E Corp.* | 20,672 | 254,886 | ||||||
Pinnacle West Capital Corp. | 1,546 | 116,491 | ||||||
PNM Resources, Inc. | 1,175 | 55,730 | ||||||
Portland General Electric Co. | 1,221 | 63,089 | ||||||
PPL Corp. | 10,070 | 292,836 | ||||||
Southern Co. (The) | 14,548 | 1,121,214 | ||||||
Xcel Energy, Inc. | 7,452 | 553,311 | ||||||
9,721,134 | ||||||||
Gas Utilities - 3.3% | ||||||||
Atmos Energy Corp. | 1,902 | 215,649 | ||||||
National Fuel Gas Co. | 1,252 | 89,230 | ||||||
New Jersey Resources Corp. | 1,316 | 58,088 | ||||||
ONE Gas, Inc. | 740 | 57,920 | ||||||
Southwest Gas Holdings, Inc. | 915 | 71,233 | ||||||
Spire, Inc. | 713 | 49,831 | ||||||
UGI Corp. | 2,874 | 113,523 | ||||||
655,474 | ||||||||
Independent Power and Renewable Electricity Producers - 2.2% | ||||||||
AES Corp. (The) | 9,141 | 232,638 | ||||||
Clearway Energy, Inc., Class A | 474 | 16,344 | ||||||
Clearway Energy, Inc., Class C(b) | 1,121 | 41,589 | ||||||
Vistra Corp. | 5,910 | 146,272 | ||||||
436,843 | ||||||||
Multi-Utilities - 23.0% | ||||||||
Ameren Corp. | 3,534 | 327,319 | ||||||
Avista Corp. | 992 | 40,305 | ||||||
Black Hills Corp. | 887 | 66,951 | ||||||
CenterPoint Energy, Inc. | 8,615 | 271,631 | ||||||
CMS Energy Corp. | 3,971 | 268,201 | ||||||
Consolidated Edison, Inc. | 4,849 | 473,941 | ||||||
Dominion Energy, Inc. | 11,098 | 907,816 | ||||||
DTE Energy Co. | 2,652 | 345,662 | ||||||
NiSource, Inc. | 5,554 | 163,899 | ||||||
NorthWestern Corp. | 741 | 39,258 | ||||||
Public Service Enterprise Group, Inc. | 6,833 | 439,772 | ||||||
Sempra Energy | 4,301 | 709,536 | ||||||
WEC Energy Group, Inc. | 4,317 | 445,255 | ||||||
4,499,546 | ||||||||
Water Utilities - 2.7% | ||||||||
American Water Works Co., Inc. | 2,489 | 369,492 | ||||||
Essential Utilities, Inc. | 3,151 | 154,872 | ||||||
524,364 | ||||||||
TOTAL COMMON STOCKS (Cost $14,675,046) | 15,837,361 |
Investments | Principal Amount ($) |
Value ($) | ||||||
SHORT-TERM INVESTMENTS - 11.9% | ||||||||
REPURCHASE AGREEMENTS(c) - 11.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,321,901 | ||||||||
(Cost $2,321,759) | 2,321,759 | 2,321,759 | ||||||
Total Investments - 92.8% (Cost $16,996,805) |
18,159,120 | |||||||
Other assets less liabilities - 7.2% | 1,416,575 | |||||||
Net Assets - 100.0% | 19,575,695 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $3,372,183. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $37,397, collateralized in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from January 15, 2023 – May 15, 2051. The total value of collateral is $38,746. |
(c) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Ultra Utilities Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Swap Agreements | ||||||||||||||
Ultra Utilities had the following open non-exchange traded total return swap agreements as of August 31, 2022: | ||||||||||||||
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation ($) | |||||||||||
10,861,703 | 11/7/2022 | Bank of America NA | 2.53 | % | Dow Jones U.S. UtilitiesSM Indexc | 572,825 | ||||||||||
810,172 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.93 | % | Dow Jones U.S. UtilitiesSM Indexc | 146,274 | ||||||||||
5,554,218 | 4/10/2023 | Societe Generale | 2.88 | % | Dow Jones U.S. UtilitiesSM Indexc | 323,288 | ||||||||||
6,085,951 | 11/6/2023 | UBS AG | 2.68 | % | Dow Jones U.S. UtilitiesSM Indexc | 113,395 | ||||||||||
23,312,044 | 1,155,782 | |||||||||||||||
Total Unrealized Appreciation | 1,155,782 |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | |||||||||||||
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | |||||||||||||
c | See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings. | |||||||||||||
UltraPro Dow30SM Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 77.3% | ||||||||
Aerospace & Defense - 2.6% | ||||||||
Boeing Co. (The)* | 89,100 | 14,278,275 | ||||||
Banks - 1.8% | ||||||||
JPMorgan Chase & Co. | 89,101 | 10,133,457 | ||||||
Beverages - 1.0% | ||||||||
Coca-Cola Co. (The) | 89,107 | 5,498,793 | ||||||
Biotechnology - 3.9% | ||||||||
Amgen, Inc. | 89,103 | 21,411,451 | ||||||
Capital Markets - 5.4% | ||||||||
Goldman Sachs Group, Inc. (The) | 89,103 | 29,641,895 | ||||||
Chemicals - 0.8% | ||||||||
Dow, Inc. | 89,107 | 4,544,457 | ||||||
Communications Equipment - 0.7% | ||||||||
Cisco Systems, Inc. | 89,106 | 3,984,820 | ||||||
Consumer Finance - 2.5% | ||||||||
American Express Co. | 89,104 | 13,543,808 | ||||||
Diversified Telecommunication Services - 0.7% | ||||||||
Verizon Communications, Inc. | 89,106 | 3,725,522 | ||||||
Entertainment - 1.8% | ||||||||
Walt Disney Co. (The)* | 89,102 | 9,986,552 | ||||||
Food & Staples Retailing - 2.7% | ||||||||
Walgreens Boots Alliance, Inc. | 89,101 | 3,123,881 | ||||||
Walmart, Inc. | 89,109 | 11,811,398 | ||||||
14,935,279 | ||||||||
Health Care Providers & Services - 8.4% | ||||||||
UnitedHealth Group, Inc. | 89,103 | 46,273,861 | ||||||
Hotels, Restaurants & Leisure - 4.1% | ||||||||
McDonald's Corp. | 89,103 | 22,478,905 | ||||||
Household Products - 2.2% | ||||||||
Procter & Gamble Co. (The) | 89,109 | 12,291,695 | ||||||
Industrial Conglomerates - 5.1% | ||||||||
3M Co. | 89,102 | 11,079,834 | ||||||
Honeywell International, Inc. | 89,186 | 16,887,369 | ||||||
27,967,203 | ||||||||
Insurance - 2.6% | ||||||||
Travelers Cos., Inc. (The) | 89,105 | 14,402,932 | ||||||
IT Services - 5.3% | ||||||||
International Business Machines Corp. | 89,104 | 11,445,409 | ||||||
Visa, Inc., Class A | 89,103 | 17,705,657 | ||||||
29,151,066 | ||||||||
Machinery - 3.0% | ||||||||
Caterpillar, Inc. | 89,104 | 16,458,400 | ||||||
Oil, Gas & Consumable Fuels - 2.6% | ||||||||
Chevron Corp. | 89,109 | 14,084,569 | ||||||
Pharmaceuticals - 4.0% | ||||||||
Johnson & Johnson | 89,145 | 14,382,654 | ||||||
Merck & Co., Inc. | 89,105 | 7,606,003 | ||||||
21,988,657 | ||||||||
Semiconductors & Semiconductor Equipment - 0.5% | ||||||||
Intel Corp. | 89,106 | 2,844,263 | ||||||
Software - 6.7% | ||||||||
Microsoft Corp. | 89,103 | 23,297,762 | ||||||
Salesforce, Inc.* | 89,101 | 13,910,448 | ||||||
37,208,210 | ||||||||
Specialty Retail - 4.7% | ||||||||
Home Depot, Inc. (The) | 89,132 | 25,707,451 | ||||||
Technology Hardware, Storage & Peripherals - 2.5% | ||||||||
Apple, Inc. | 89,107 | 14,009,403 | ||||||
Textiles, Apparel & Luxury Goods - 1.7% | ||||||||
NIKE, Inc., Class B | 89,105 | 9,485,227 | ||||||
TOTAL COMMON STOCKS (Cost $505,766,348) | 426,036,151 |
Investments | Principal Amount ($) |
Value ($) | ||||||
SHORT-TERM INVESTMENTS - 33.2% | ||||||||
REPURCHASE AGREEMENTS(b) - 33.2% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $183,390,454 | ||||||||
(Cost $183,379,244) | 183,379,244 | 183,379,244 | ||||||
Total Investments - 110.5% (Cost $689,145,592) |
609,415,395 | |||||||
Liabilities in excess of other assets - (10.5%) | (57,780,971 | ) | ||||||
Net Assets - 100.0% | 551,634,424 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $325,676,002. |
(b) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
UltraPro Dow30SM Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Purchased
UltraPro Dow30SM had the following open long futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | |||||||||||
DJIA CBOT E-Mini Index | 27 | 9/16/2022 | USD | $ | 4,256,820 | $ | 216,480 |
Swap Agreements
UltraPro Dow30SM had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
109,372,703 | 5/8/2023 | Bank of America NA | 2.73 | % | Dow Jones Industrial AverageSM | (37,756,630 | ) | |||||||||
61,917,995 | 11/6/2023 | Barclays Capital | 2.93 | % | Dow Jones Industrial AverageSM | (1,408,370 | ) | |||||||||
269,036,051 | 5/8/2023 | BNP Paribas SA | 2.93 | % | Dow Jones Industrial AverageSM | (30,847,677 | ) | |||||||||
85,550,818 | 11/7/2022 | Citibank NA | 2.99 | % | Dow Jones Industrial AverageSM | 26,986,379 | ||||||||||
152,258,398 | 11/6/2023 | Morgan Stanley & Co. International plc | 2.88 | % | Dow Jones Industrial AverageSM | (20,746,033 | ) | |||||||||
332,277,484 | 4/10/2023 | Societe Generale | 2.73 | % | Dow Jones Industrial AverageSM | (572,283 | ) | |||||||||
214,586,028 | 3/7/2023 | UBS AG | 2.83 | % | Dow Jones Industrial AverageSM | (50,237,048 | ) | |||||||||
1,224,999,477 | (114,581,662 | ) | ||||||||||||||
Total Unrealized Appreciation | 26,986,379 | |||||||||||||||
Total Unrealized Depreciation | (141,568,041 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | |||||||||||||
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | |||||||||||||
Abbreviations | |
USD | U.S. Dollar |
UltraPro MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 71.5% | ||||||||
Aerospace & Defense - 0.9% | ||||||||
Axon Enterprise, Inc.* | 649 | 75,725 | ||||||
Curtiss-Wright Corp. | 353 | 51,958 | ||||||
Hexcel Corp. | 768 | 45,058 | ||||||
Mercury Systems, Inc.* | 528 | 25,413 | ||||||
Woodward, Inc. | 557 | 51,840 | ||||||
249,994 | ||||||||
Air Freight & Logistics - 0.2% | ||||||||
GXO Logistics, Inc.* | 931 | 41,318 | ||||||
Airlines - 0.1% | ||||||||
JetBlue Airways Corp.* | 2,929 | 22,817 | ||||||
Auto Components - 1.1% | ||||||||
Adient plc* | 865 | 28,718 | ||||||
Dana, Inc. | 1,310 | 20,266 | ||||||
Fox Factory Holding Corp.* | 387 | 36,072 | ||||||
Gentex Corp. | 2,145 | 58,537 | ||||||
Goodyear Tire & Rubber Co. (The)* | 2,582 | 36,226 | ||||||
Lear Corp. | 544 | 75,420 | ||||||
Visteon Corp.* | 258 | 30,916 | ||||||
286,155 | ||||||||
Automobiles - 0.3% | ||||||||
Harley-Davidson, Inc. | 1,349 | 52,031 | ||||||
Thor Industries, Inc. | 503 | 40,748 | ||||||
92,779 | ||||||||
Banks - 5.1% | ||||||||
Associated Banc-Corp. | 1,370 | 27,455 | ||||||
Bank of Hawaii Corp.(b) | 367 | 28,633 | ||||||
Bank OZK | 1,033 | 41,867 | ||||||
Cadence Bank | 1,678 | 42,755 | ||||||
Cathay General Bancorp | 688 | 28,855 | ||||||
Commerce Bancshares, Inc. | 1,005 | 69,114 | ||||||
Cullen/Frost Bankers, Inc. | 523 | 67,969 | ||||||
East West Bancorp, Inc. | 1,298 | 93,677 | ||||||
First Financial Bankshares, Inc.(b) | 1,171 | 49,779 | ||||||
First Horizon Corp. | 4,885 | 110,499 | ||||||
FNB Corp. | 3,085 | 36,773 | ||||||
Fulton Financial Corp. | 1,472 | 23,891 | ||||||
Glacier Bancorp, Inc. | 992 | 50,275 | ||||||
Hancock Whitney Corp. | 789 | 38,053 | ||||||
Home BancShares, Inc. | 1,729 | 40,683 | ||||||
International Bancshares Corp. | 488 | 20,364 | ||||||
Old National Bancorp | 2,679 | 44,713 | ||||||
PacWest Bancorp | 1,072 | 28,226 | ||||||
Pinnacle Financial Partners, Inc. | 699 | 56,416 | ||||||
Prosperity Bancshares, Inc. | 843 | 59,752 | ||||||
Synovus Financial Corp. | 1,327 | 53,292 | ||||||
Texas Capital Bancshares, Inc.* | 463 | 27,331 | ||||||
UMB Financial Corp. | 394 | 35,251 | ||||||
Umpqua Holdings Corp. | 1,986 | 35,232 | ||||||
United Bankshares, Inc. | 1,239 | 45,967 | ||||||
Valley National Bancorp | 3,840 | 44,621 | ||||||
Washington Federal, Inc. | 599 | 19,174 | ||||||
Webster Financial Corp. | 1,626 | 76,503 | ||||||
Wintrust Financial Corp. | 551 | 46,471 | ||||||
1,343,591 | ||||||||
Beverages - 0.3% | ||||||||
Boston Beer Co., Inc. (The), Class A* | 88 | 29,663 | ||||||
Celsius Holdings, Inc.* | 316 | 32,703 | ||||||
Coca-Cola Consolidated, Inc. | 42 | 19,922 | ||||||
82,288 | ||||||||
Biotechnology - 1.2% | ||||||||
Arrowhead Pharmaceuticals, Inc.* | 964 | 38,280 | ||||||
Exelixis, Inc.* | 2,932 | 52,014 | ||||||
Halozyme Therapeutics, Inc.* | 1,263 | 51,442 | ||||||
Neurocrine Biosciences, Inc.* | 872 | 91,237 | ||||||
United Therapeutics Corp.* | 413 | 93,594 | ||||||
326,567 | ||||||||
Building Products - 1.7% | ||||||||
Builders FirstSource, Inc.* | 1,580 | 92,604 | ||||||
Carlisle Cos., Inc. | 471 | 139,256 | ||||||
Lennox International, Inc. | 301 | 72,276 | ||||||
Owens Corning | 888 | 72,576 | ||||||
Simpson Manufacturing Co., Inc. | 394 | 36,500 | ||||||
Trex Co., Inc.* | 1,034 | 48,381 | ||||||
461,593 | ||||||||
Capital Markets - 1.4% | ||||||||
Affiliated Managers Group, Inc. | 355 | 45,213 | ||||||
Evercore, Inc., Class A | 371 | 34,759 | ||||||
Federated Hermes, Inc., Class B | 836 | 28,474 | ||||||
Interactive Brokers Group, Inc., Class A | 799 | 49,210 | ||||||
Janus Henderson Group plc | 1,534 | 35,896 | ||||||
Jefferies Financial Group, Inc. | 1,751 | 56,190 | ||||||
SEI Investments Co. | 954 | 52,184 | ||||||
Stifel Financial Corp. | 972 | 57,649 | ||||||
359,575 | ||||||||
Chemicals - 1.9% | ||||||||
Ashland, Inc. | 463 | 47,115 | ||||||
Avient Corp. | 835 | 36,598 | ||||||
Cabot Corp. | 519 | 37,352 | ||||||
Chemours Co. (The) | 1,422 | 47,964 | ||||||
Ingevity Corp.* | 355 | 24,900 | ||||||
Minerals Technologies, Inc. | 301 | 17,536 | ||||||
NewMarket Corp. | 62 | 17,807 | ||||||
Olin Corp. | 1,267 | 69,254 | ||||||
RPM International, Inc. | 1,187 | 110,581 | ||||||
Scotts Miracle-Gro Co. (The) | 370 | 24,772 | ||||||
Sensient Technologies Corp. | 387 | 30,832 | ||||||
Valvoline, Inc. | 1,630 | 47,384 | ||||||
512,095 | ||||||||
Commercial Services & Supplies - 1.1% | ||||||||
Brink's Co. (The) | 429 | 23,715 | ||||||
Clean Harbors, Inc.* | 459 | 53,896 | ||||||
IAA, Inc.* | 1,226 | 45,681 | ||||||
MillerKnoll, Inc. | 694 | 19,210 | ||||||
MSA Safety, Inc. | 334 | 39,699 | ||||||
Stericycle, Inc.* | 841 | 42,126 | ||||||
Tetra Tech, Inc. | 492 | 66,818 | ||||||
291,145 | ||||||||
Communications Equipment - 0.7% | ||||||||
Calix, Inc.* | 506 | 29,778 | ||||||
Ciena Corp.* | 1,390 | 70,529 | ||||||
Lumentum Holdings, Inc.*(b) | 629 | 52,553 | ||||||
Viasat, Inc.* | 683 | 25,940 | ||||||
178,800 | ||||||||
Construction & Engineering - 1.4% | ||||||||
AECOM | 1,292 | 94,510 |
UltraPro MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Dycom Industries, Inc.* | 272 | 30,497 | ||||||
EMCOR Group, Inc. | 468 | 55,655 | ||||||
Fluor Corp.*(b) | 1,298 | 34,319 | ||||||
MasTec, Inc.* | 523 | 42,101 | ||||||
MDU Resources Group, Inc. | 1,860 | 56,079 | ||||||
Valmont Industries, Inc. | 194 | 53,703 | ||||||
366,864 | ||||||||
Construction Materials - 0.2% | ||||||||
Eagle Materials, Inc. | 362 | 43,302 | ||||||
Consumer Finance - 0.4% | ||||||||
Bread Financial Holdings, Inc. | 456 | 17,524 | ||||||
FirstCash Holdings, Inc. | 360 | 28,066 | ||||||
Navient Corp. | 1,352 | 20,807 | ||||||
SLM Corp. | 2,462 | 37,619 | ||||||
104,016 | ||||||||
Containers & Packaging - 0.6% | ||||||||
AptarGroup, Inc. | 600 | 61,686 | ||||||
Greif, Inc., Class A | 241 | 16,159 | ||||||
Silgan Holdings, Inc. | 768 | 34,982 | ||||||
Sonoco Products Co. | 891 | 56,151 | ||||||
168,978 | ||||||||
Diversified Consumer Services - 0.8% | ||||||||
Graham Holdings Co., Class B | 36 | 20,356 | ||||||
Grand Canyon Education, Inc.* | 296 | 24,088 | ||||||
H&R Block, Inc. | 1,460 | 65,700 | ||||||
Service Corp. International | 1,451 | 89,541 | ||||||
199,685 | ||||||||
Diversified Financial Services - 0.2% | ||||||||
Voya Financial, Inc. | 932 | 57,346 | ||||||
Diversified Telecommunication Services - 0.2% | ||||||||
Iridium Communications, Inc.* | 1,169 | 51,892 | ||||||
Electric Utilities - 1.0% | ||||||||
ALLETE, Inc. | 523 | 30,951 | ||||||
Hawaiian Electric Industries, Inc. | 1,001 | 39,159 | ||||||
IDACORP, Inc. | 462 | 50,469 | ||||||
OGE Energy Corp. | 1,828 | 74,107 | ||||||
PNM Resources, Inc. | 786 | 37,280 | ||||||
Portland General Electric Co. | 817 | 42,215 | ||||||
274,181 | ||||||||
Electrical Equipment - 1.5% | ||||||||
Acuity Brands, Inc. | 316 | 51,802 | ||||||
EnerSys | 375 | 23,389 | ||||||
Hubbell, Inc. | 491 | 101,293 | ||||||
nVent Electric plc | 1,521 | 50,132 | ||||||
Regal Rexnord Corp. | 609 | 83,792 | ||||||
Sunrun, Inc.* | 1,922 | 63,484 | ||||||
Vicor Corp.* | 197 | 14,015 | ||||||
387,907 | ||||||||
Electronic Equipment, Instruments & Components - 2.2% | ||||||||
Arrow Electronics, Inc.* | 602 | 63,096 | ||||||
Avnet, Inc. | 892 | 39,150 | ||||||
Belden, Inc. | 405 | 26,519 | ||||||
Cognex Corp. | 1,590 | 66,955 | ||||||
II-VI, Inc.* | 1,178 | 55,637 | ||||||
IPG Photonics Corp.* | 317 | 28,717 | ||||||
Jabil, Inc. | 1,291 | 77,847 | ||||||
Littelfuse, Inc. | 229 | 54,323 | ||||||
National Instruments Corp. | 1,198 | 47,632 | ||||||
Novanta, Inc.* | 327 | 43,717 | ||||||
TD SYNNEX Corp. | 375 | 36,105 | ||||||
Vishay Intertechnology, Inc. | 1,204 | 23,683 | ||||||
Vontier Corp. | 1,472 | 32,266 | ||||||
595,647 | ||||||||
Energy Equipment & Services - 0.4% | ||||||||
ChampionX Corp. | 1,860 | 40,566 | ||||||
NOV, Inc. | 3,588 | 63,400 | ||||||
103,966 | ||||||||
Entertainment - 0.1% | ||||||||
World Wrestling Entertainment, Inc., Class A | 395 | 26,864 | ||||||
Equity Real Estate Investment Trusts (REITs) - 5.8% | ||||||||
Apartment Income REIT Corp. | 1,436 | 58,661 | ||||||
Brixmor Property Group, Inc. | 2,740 | 58,855 | ||||||
Corporate Office Properties Trust | 1,027 | 26,538 | ||||||
Cousins Properties, Inc. | 1,360 | 36,516 | ||||||
Douglas Emmett, Inc. | 1,605 | 31,330 | ||||||
EastGroup Properties, Inc. | 381 | 62,877 | ||||||
EPR Properties | 686 | 29,834 | ||||||
First Industrial Realty Trust, Inc. | 1,206 | 61,120 | ||||||
Healthcare Realty Trust, Inc. | 3,482 | 84,682 | ||||||
Highwoods Properties, Inc. | 963 | 29,285 | ||||||
Hudson Pacific Properties, Inc. | 1,321 | 17,450 | ||||||
Independence Realty Trust, Inc. | 2,020 | 39,289 | ||||||
JBG SMITH Properties | 994 | 21,838 | ||||||
Kilroy Realty Corp. | 960 | 46,819 | ||||||
Kite Realty Group Trust | 2,000 | 38,720 | ||||||
Lamar Advertising Co., Class A | 794 | 74,549 | ||||||
Life Storage, Inc. | 769 | 97,855 | ||||||
Macerich Co. (The) | 1,961 | 18,767 | ||||||
Medical Properties Trust, Inc. | 5,484 | 80,121 | ||||||
National Retail Properties, Inc. | 1,606 | 72,109 | ||||||
National Storage Affiliates Trust | 768 | 38,799 | ||||||
Omega Healthcare Investors, Inc. | 2,150 | 70,219 | ||||||
Park Hotels & Resorts, Inc. | 2,130 | 29,820 | ||||||
Pebblebrook Hotel Trust | 1,200 | 21,144 | ||||||
Physicians Realty Trust | 2,062 | 34,353 | ||||||
PotlatchDeltic Corp. | 635 | 29,477 | ||||||
Rayonier, Inc. | 1,335 | 47,419 | ||||||
Rexford Industrial Realty, Inc. | 1,506 | 93,688 | ||||||
Sabra Health Care REIT, Inc. | 2,112 | 31,617 | ||||||
SL Green Realty Corp. | 589 | 26,012 | ||||||
Spirit Realty Capital, Inc. | 1,227 | 50,123 | ||||||
STORE Capital Corp. | 2,307 | 62,243 | ||||||
1,522,129 | ||||||||
Food & Staples Retailing - 1.1% | ||||||||
BJ's Wholesale Club Holdings, Inc.* | 1,231 | 91,697 | ||||||
Casey's General Stores, Inc. | 338 | 72,254 | ||||||
Grocery Outlet Holding Corp.* | 802 | 32,176 | ||||||
Performance Food Group Co.* | 1,417 | 70,822 | ||||||
Sprouts Farmers Market, Inc.* | 1,002 | 28,958 | ||||||
295,907 | ||||||||
Food Products - 1.2% | ||||||||
Darling Ingredients, Inc.* | 1,479 | 112,493 | ||||||
Flowers Foods, Inc. | 1,823 | 49,768 | ||||||
Hain Celestial Group, Inc. (The)* | 822 | 16,653 | ||||||
Ingredion, Inc. | 602 | 52,416 | ||||||
Lancaster Colony Corp. | 180 | 30,339 | ||||||
Pilgrim's Pride Corp.* | 440 | 12,527 | ||||||
Post Holdings, Inc.* | 509 | 45,179 | ||||||
319,375 |
UltraPro MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Gas Utilities - 1.1% | ||||||||
National Fuel Gas Co. | 835 | 59,510 | ||||||
New Jersey Resources Corp. | 878 | 38,755 | ||||||
ONE Gas, Inc. | 492 | 38,509 | ||||||
Southwest Gas Holdings, Inc. | 609 | 47,411 | ||||||
Spire, Inc. | 474 | 33,128 | ||||||
UGI Corp. | 1,922 | 75,919 | ||||||
293,232 | ||||||||
Health Care Equipment & Supplies - 2.5% | ||||||||
Enovis Corp.* | 429 | 21,730 | ||||||
Envista Holdings Corp.* | 1,486 | 55,116 | ||||||
Globus Medical, Inc., Class A* | 725 | 42,913 | ||||||
Haemonetics Corp.* | 468 | 35,114 | ||||||
ICU Medical, Inc.* | 186 | 29,574 | ||||||
Inari Medical, Inc.* | 310 | 21,499 | ||||||
Integra LifeSciences Holdings Corp.* | 655 | 31,250 | ||||||
LivaNova plc* | 489 | 27,506 | ||||||
Masimo Corp.* | 466 | 68,451 | ||||||
Neogen Corp.*(b) | 986 | 20,607 | ||||||
NuVasive, Inc.* | 474 | 20,150 | ||||||
Omnicell, Inc.* | 404 | 41,325 | ||||||
Penumbra, Inc.* | 326 | 53,519 | ||||||
QuidelOrtho Corp.* | 460 | 36,460 | ||||||
Shockwave Medical, Inc.* | 327 | 97,073 | ||||||
STAAR Surgical Co.* | 435 | 41,147 | ||||||
Tandem Diabetes Care, Inc.* | 583 | 26,666 | ||||||
670,100 | ||||||||
Health Care Providers & Services - 1.8% | ||||||||
Acadia Healthcare Co., Inc.* | 827 | 67,756 | ||||||
Amedisys, Inc.* | 297 | 35,180 | ||||||
Chemed Corp. | 135 | 64,286 | ||||||
Encompass Health Corp. | 915 | 44,442 | ||||||
HealthEquity, Inc.* | 769 | 50,815 | ||||||
LHC Group, Inc.* | 285 | 46,019 | ||||||
Option Care Health, Inc.* | 1,365 | 42,260 | ||||||
Patterson Cos., Inc. | 792 | 22,089 | ||||||
Progyny, Inc.* | 648 | 26,056 | ||||||
R1 RCM, Inc.* | 1,227 | 26,810 | ||||||
Tenet Healthcare Corp.* | 986 | 55,709 | ||||||
481,422 | ||||||||
Hotels, Restaurants & Leisure - 1.8% | ||||||||
Boyd Gaming Corp. | 733 | 39,897 | ||||||
Choice Hotels International, Inc. | 300 | 34,413 | ||||||
Churchill Downs, Inc. | 311 | 61,295 | ||||||
Cracker Barrel Old Country Store, Inc. | 211 | 22,775 | ||||||
Light & Wonder, Inc.* | 872 | 42,929 | ||||||
Marriott Vacations Worldwide Corp. | 375 | 53,408 | ||||||
Papa John's International, Inc. | 292 | 23,602 | ||||||
Texas Roadhouse, Inc. | 623 | 55,297 | ||||||
Travel + Leisure Co. | 782 | 33,157 | ||||||
Wendy's Co. (The) | 1,566 | 30,036 | ||||||
Wingstop, Inc. | 273 | 31,084 | ||||||
Wyndham Hotels & Resorts, Inc. | 841 | 54,951 | ||||||
482,844 | ||||||||
Household Durables - 1.0% | ||||||||
Helen of Troy Ltd.* | 220 | 27,198 | ||||||
KB Home | 792 | 22,691 | ||||||
Leggett & Platt, Inc. | 1,222 | 46,705 | ||||||
Taylor Morrison Home Corp., Class A* | 1,094 | 27,470 | ||||||
Tempur Sealy International, Inc. | 1,601 | 40,041 | ||||||
Toll Brothers, Inc. | 1,006 | 44,053 | ||||||
TopBuild Corp.* | 297 | 54,577 | ||||||
262,735 | ||||||||
Household Products - 0.1% | ||||||||
Energizer Holdings, Inc. | 599 | 16,832 | ||||||
Independent Power and Renewable Electricity Producers - 0.1% | ||||||||
Ormat Technologies, Inc. | 410 | 38,327 | ||||||
Insurance - 3.0% | ||||||||
Alleghany Corp.* | 124 | 104,306 | ||||||
American Financial Group, Inc. | 607 | 77,502 | ||||||
Brighthouse Financial, Inc.* | 686 | 32,619 | ||||||
CNO Financial Group, Inc. | 1,060 | 19,515 | ||||||
First American Financial Corp. | 985 | 52,697 | ||||||
Hanover Insurance Group, Inc. (The) | 327 | 42,311 | ||||||
Kemper Corp. | 550 | 25,300 | ||||||
Kinsale Capital Group, Inc. | 197 | 49,955 | ||||||
Mercury General Corp. | 240 | 7,656 | ||||||
Old Republic International Corp. | 2,621 | 57,243 | ||||||
Primerica, Inc. | 353 | 44,743 | ||||||
Reinsurance Group of America, Inc. | 609 | 76,344 | ||||||
RenaissanceRe Holdings Ltd. | 404 | 54,645 | ||||||
RLI Corp. | 366 | 40,172 | ||||||
Selective Insurance Group, Inc. | 552 | 43,840 | ||||||
Unum Group | 1,837 | 69,530 | ||||||
798,378 | ||||||||
Interactive Media & Services - 0.2% | ||||||||
TripAdvisor, Inc.* | 918 | 21,849 | ||||||
Ziff Davis, Inc.* | 433 | 33,462 | ||||||
55,311 | ||||||||
IT Services - 1.3% | ||||||||
Concentrix Corp. | 394 | 49,557 | ||||||
Euronet Worldwide, Inc.* | 462 | 40,961 | ||||||
Genpact Ltd. | 1,557 | 73,148 | ||||||
Kyndryl Holdings, Inc.* | 1,644 | 17,130 | ||||||
Maximus, Inc. | 562 | 34,052 | ||||||
Sabre Corp.* | 2,981 | 21,433 | ||||||
Western Union Co. (The) | 3,526 | 52,255 | ||||||
WEX, Inc.* | 410 | 63,243 | ||||||
351,779 | ||||||||
Leisure Products - 0.9% | ||||||||
Brunswick Corp. | 693 | 51,774 | ||||||
Callaway Golf Co.* | 1,064 | 23,546 | ||||||
Mattel, Inc.* | 3,222 | 71,271 | ||||||
Polaris, Inc. | 509 | 57,655 | ||||||
YETI Holdings, Inc.* | 788 | 29,069 | ||||||
233,315 | ||||||||
Life Sciences Tools & Services - 1.1% | ||||||||
Azenta, Inc. | 687 | 36,212 | ||||||
Bruker Corp. | 915 | 51,240 | ||||||
Medpace Holdings, Inc.* | 245 | 36,164 | ||||||
Repligen Corp.* | 470 | 103,104 | ||||||
Sotera Health Co.* | 903 | 15,270 | ||||||
Syneos Health, Inc.* | 936 | 56,263 | ||||||
298,253 | ||||||||
Machinery - 3.1% | ||||||||
AGCO Corp. | 561 | 60,986 | ||||||
Chart Industries, Inc.* | 327 | 63,392 | ||||||
Crane Holdings Co. | 434 | 40,952 |
UltraPro MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Donaldson Co., Inc. | 1,128 | 57,923 | ||||||
Esab Corp. | 420 | 17,258 | ||||||
Flowserve Corp. | 1,194 | 36,381 | ||||||
Graco, Inc. | 1,548 | 98,824 | ||||||
ITT, Inc. | 763 | 55,340 | ||||||
Kennametal, Inc. | 756 | 17,721 | ||||||
Lincoln Electric Holdings, Inc. | 531 | 72,583 | ||||||
Middleby Corp. (The)* | 498 | 71,622 | ||||||
Oshkosh Corp. | 601 | 47,936 | ||||||
Terex Corp. | 633 | 21,028 | ||||||
Timken Co. (The) | 619 | 38,991 | ||||||
Toro Co. (The) | 959 | 79,530 | ||||||
Watts Water Technologies, Inc., Class A | 253 | 35,046 | ||||||
815,513 | ||||||||
Marine - 0.1% | ||||||||
Kirby Corp.* | 552 | 37,017 | ||||||
Media - 0.6% | ||||||||
Cable One, Inc. | 44 | 49,940 | ||||||
John Wiley & Sons, Inc., Class A | 398 | 18,320 | ||||||
New York Times Co. (The), Class A | 1,523 | 46,436 | ||||||
TEGNA, Inc. | 2,024 | 43,314 | ||||||
158,010 | ||||||||
Metals & Mining - 2.2% | ||||||||
Alcoa Corp. | 1,686 | 83,423 | ||||||
Cleveland-Cliffs, Inc.* | 4,365 | 75,384 | ||||||
Commercial Metals Co. | 1,108 | 44,885 | ||||||
MP Materials Corp.* | 683 | 23,898 | ||||||
Reliance Steel & Aluminum Co. | 568 | 106,773 | ||||||
Royal Gold, Inc. | 600 | 55,140 | ||||||
Steel Dynamics, Inc. | 1,636 | 132,058 | ||||||
United States Steel Corp. | 2,382 | 54,476 | ||||||
Worthington Industries, Inc. | 294 | 14,991 | ||||||
591,028 | ||||||||
Multiline Retail - 0.5% | ||||||||
Kohl's Corp. | 1,174 | 33,365 | ||||||
Macy's, Inc. | 2,606 | 45,136 | ||||||
Nordstrom, Inc. | 1,021 | 17,469 | ||||||
Ollie's Bargain Outlet Holdings, Inc.* | 531 | 29,370 | ||||||
125,340 | ||||||||
Multi-Utilities - 0.3% | ||||||||
Black Hills Corp. | 591 | 44,609 | ||||||
NorthWestern Corp. | 494 | 26,172 | ||||||
70,781 | ||||||||
Oil, Gas & Consumable Fuels - 3.1% | ||||||||
Antero Midstream Corp.(b) | 2,974 | 29,948 | ||||||
CNX Resources Corp.* | 1,781 | 31,470 | ||||||
DT Midstream, Inc. | 886 | 48,916 | ||||||
EQT Corp. | 2,701 | 129,108 | ||||||
Equitrans Midstream Corp. | 3,715 | 34,438 | ||||||
HF Sinclair Corp. | 1,366 | 71,893 | ||||||
Matador Resources Co. | 1,017 | 60,613 | ||||||
Murphy Oil Corp. | 1,334 | 51,986 | ||||||
PDC Energy, Inc. | 871 | 59,150 | ||||||
Range Resources Corp.* | 2,364 | 77,681 | ||||||
Southwestern Energy Co.* | 10,203 | 76,420 | ||||||
Targa Resources Corp. | 2,085 | 142,260 | ||||||
813,883 | ||||||||
Paper & Forest Products - 0.2% | ||||||||
Louisiana-Pacific Corp. | 753 | 40,835 | ||||||
Personal Products - 0.3% | ||||||||
BellRing Brands, Inc.* | 1,126 | 26,675 | ||||||
Coty, Inc., Class A* | 3,144 | 23,612 | ||||||
Nu Skin Enterprises, Inc., Class A | 460 | 18,832 | ||||||
69,119 | ||||||||
Pharmaceuticals - 0.5% | ||||||||
Jazz Pharmaceuticals plc* | 569 | 88,320 | ||||||
Perrigo Co. plc | 1,229 | 45,989 | ||||||
134,309 | ||||||||
Professional Services - 1.3% | ||||||||
ASGN, Inc.* | 468 | 45,256 | ||||||
CACI International, Inc., Class A* | 212 | 59,544 | ||||||
FTI Consulting, Inc.* | 314 | 50,428 | ||||||
Insperity, Inc. | 327 | 35,649 | ||||||
KBR, Inc. | 1,272 | 61,438 | ||||||
ManpowerGroup, Inc. | 483 | 35,414 | ||||||
Science Applications International Corp. | 509 | 46,355 | ||||||
334,084 | ||||||||
Real Estate Management & Development - 0.3% | ||||||||
Jones Lang LaSalle, Inc.* | 445 | 76,985 | ||||||
Road & Rail - 1.3% | ||||||||
Avis Budget Group, Inc.* | 312 | 52,223 | ||||||
Knight-Swift Transportation Holdings, Inc. | 1,495 | 75,512 | ||||||
Landstar System, Inc. | 338 | 49,561 | ||||||
Ryder System, Inc. | 468 | 35,774 | ||||||
Saia, Inc.* | 239 | 49,432 | ||||||
Werner Enterprises, Inc. | 539 | 21,447 | ||||||
XPO Logistics, Inc.* | 904 | 47,388 | ||||||
331,337 | ||||||||
Semiconductors & Semiconductor Equipment - 2.5% | ||||||||
Amkor Technology, Inc. | 919 | 18,500 | ||||||
Cirrus Logic, Inc.* | 525 | 40,262 | ||||||
First Solar, Inc.* | 905 | 115,433 | ||||||
Lattice Semiconductor Corp.* | 1,260 | 67,914 | ||||||
MACOM Technology Solutions Holdings, Inc.* | 445 | 24,542 | ||||||
MKS Instruments, Inc. | 509 | 50,702 | ||||||
Power Integrations, Inc. | 531 | 37,982 | ||||||
Semtech Corp.* | 579 | 26,744 | ||||||
Silicon Laboratories, Inc.* | 334 | 41,860 | ||||||
SiTime Corp.* | 142 | 15,110 | ||||||
SunPower Corp.* | 761 | 18,264 | ||||||
Synaptics, Inc.* | 362 | 41,851 | ||||||
Universal Display Corp. | 395 | 44,133 | ||||||
Wolfspeed, Inc.*(b) | 1,129 | 128,080 | ||||||
671,377 | ||||||||
Software - 2.0% | ||||||||
ACI Worldwide, Inc.* | 1,049 | 24,861 | ||||||
Aspen Technology, Inc.* | 257 | 54,124 | ||||||
Blackbaud, Inc.* | 418 | 21,862 | ||||||
CommVault Systems, Inc.* | 407 | 22,096 | ||||||
Envestnet, Inc.* | 503 | 26,342 | ||||||
Fair Isaac Corp.* | 236 | 106,059 | ||||||
Manhattan Associates, Inc.* | 578 | 81,648 | ||||||
NCR Corp.* | 1,250 | 38,813 | ||||||
Paylocity Holding Corp.* | 365 | 87,965 | ||||||
Qualys, Inc.* | 307 | 46,633 |
UltraPro MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Teradata Corp.* | 959 | 31,551 | ||||||
541,954 | ||||||||
Specialty Retail - 2.2% | ||||||||
American Eagle Outfitters, Inc. | 1,406 | 15,832 | ||||||
AutoNation, Inc.* | 327 | 40,744 | ||||||
Dick's Sporting Goods, Inc. | 531 | 56,482 | ||||||
Five Below, Inc.* | 506 | 64,707 | ||||||
Foot Locker, Inc. | 764 | 28,146 | ||||||
GameStop Corp., Class A*(b) | 2,260 | 64,726 | ||||||
Gap, Inc. (The) | 1,923 | 17,576 | ||||||
Lithia Motors, Inc., Class A | 265 | 70,342 | ||||||
Murphy USA, Inc. | 205 | 59,485 | ||||||
RH* | 161 | 41,202 | ||||||
Victoria's Secret & Co.* | 620 | 20,733 | ||||||
Williams-Sonoma, Inc. | 639 | 95,051 | ||||||
575,026 | ||||||||
Technology Hardware, Storage & Peripherals - 0.1% | ||||||||
Xerox Holdings Corp. | 1,090 | 18,116 | ||||||
Textiles, Apparel & Luxury Goods - 1.3% | ||||||||
Capri Holdings Ltd.* | 1,351 | 63,740 | ||||||
Carter's, Inc. | 369 | 27,251 | ||||||
Columbia Sportswear Co. | 306 | 21,799 | ||||||
Crocs, Inc.* | 563 | 41,493 | ||||||
Deckers Outdoor Corp.* | 252 | 81,036 | ||||||
Hanesbrands, Inc. | 3,189 | 27,776 | ||||||
Skechers USA, Inc., Class A* | 1,231 | 46,532 | ||||||
Under Armour, Inc., Class A* | 1,724 | 14,516 | ||||||
Under Armour, Inc., Class C* | 1,853 | 14,064 | ||||||
338,207 | ||||||||
Thrifts & Mortgage Finance - 0.5% | ||||||||
Essent Group Ltd. | 983 | 39,310 | ||||||
MGIC Investment Corp. | 2,828 | 40,412 | ||||||
New York Community Bancorp, Inc. | 4,272 | 41,823 | ||||||
121,545 | ||||||||
Trading Companies & Distributors - 0.7% | ||||||||
GATX Corp. | 327 | 31,591 | ||||||
MSC Industrial Direct Co., Inc., Class A | 431 | 34,140 | ||||||
Univar Solutions, Inc.* | 1,549 | 39,066 | ||||||
Watsco, Inc.(b) | 304 | 82,697 | ||||||
187,494 | ||||||||
Water Utilities - 0.4% | ||||||||
Essential Utilities, Inc. | 2,103 | 103,362 | ||||||
TOTAL COMMON STOCKS (Cost $21,478,479) | 18,904,626 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.2% | ||||||||
INVESTMENT COMPANIES - 0.2% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $47,483) | 47,483 | 47,483 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 28.7% | ||||||||
REPURCHASE AGREEMENTS(d) - 28.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $7,591,058 | ||||||||
(Cost $7,590,596) | 7,590,596 | 7,590,596 | ||||||
Total Investments - 100.4% (Cost $29,116,558) | 26,542,705 | |||||||
Liabilities in excess of other assets - (0.4%) | (103,624 | ) | ||||||
Net Assets - 100.0% | 26,439,081 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $7,759,004. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $214,067, collateralized in the form of cash with a value of $47,483 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $174,774 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 3.75%, and maturity dates ranging from December 15, 2022 – February 15, 2049. The total value of collateral is $222,257. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $47,483. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
UltraPro MidCap400 Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Purchased
UltraPro MidCap400 had the following open long futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Depreciation | ||||||||||
S&P Midcap 400 E-Mini Index | 10 | 9/16/2022 | USD | $ | 2,430,300 | $ | (6,911 | ) |
Swap Agreements
UltraPro MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | |||||||||||
4,407,493 | 5/8/2023 | Bank of America NA | 2.73 | % | S&P MidCap 400® | (3,179,141 | ) | |||||||||
4,653,030 | 5/8/2023 | BNP Paribas SA | 2.78 | % | S&P MidCap 400® | (1,545,160 | ) | |||||||||
8,839,298 | 4/10/2023 | Citibank NA | 2.73 | % | S&P MidCap 400® | (675,358 | ) | |||||||||
697,711 | 4/10/2023 | Credit Suisse International | 2.83 | % | S&P MidCap 400® | (135,390 | ) | |||||||||
8,446,722 | 3/7/2023 | Goldman Sachs International | 2.83 | % | S&P MidCap 400® | (1,589,468 | ) | |||||||||
10,944,587 | 11/7/2022 | Morgan Stanley & Co. International plc | 2.88 | % | S&P MidCap 400® | (4,092,298 | ) | |||||||||
15,108,976 | 3/7/2023 | Societe Generale | 2.60 | % | S&P MidCap 400® | (4,542,786 | ) | |||||||||
4,862,100 | 3/7/2023 | UBS AG | 2.68 | % | S&P MidCap 400® | (1,831,273 | ) | |||||||||
57,959,917 | (17,590,874 | ) | ||||||||||||||
Total Unrealized Depreciation | (17,590,874 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | ||||||||||||
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | ||||||||||||
Abbreviations | |
USD | U.S. Dollar |
UltraPro QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 62.7% | ||||||||
Automobiles - 3.0% | ||||||||
Lucid Group, Inc.*(b) | 1,126,724 | 17,283,946 | ||||||
Tesla, Inc.* | 1,266,352 | 349,019,275 | ||||||
366,303,221 | ||||||||
Beverages - 1.9% | ||||||||
Keurig Dr Pepper, Inc. | 958,797 | 36,549,342 | ||||||
Monster Beverage Corp.* | 358,041 | 31,804,782 | ||||||
PepsiCo, Inc. | 934,481 | 160,983,042 | ||||||
229,337,166 | ||||||||
Biotechnology - 2.5% | ||||||||
Amgen, Inc. | 360,960 | 86,738,688 | ||||||
Biogen, Inc.* | 98,889 | 19,320,933 | ||||||
Gilead Sciences, Inc. | 848,239 | 53,837,729 | ||||||
Moderna, Inc.* | 268,661 | 35,535,790 | ||||||
Regeneron Pharmaceuticals, Inc.* | 72,983 | 42,407,502 | ||||||
Seagen, Inc.* | 124,193 | 19,161,738 | ||||||
Vertex Pharmaceuticals, Inc.* | 172,722 | 48,666,151 | ||||||
305,668,531 | ||||||||
Commercial Services & Supplies - 0.4% | ||||||||
Cintas Corp. | 69,201 | 28,153,735 | ||||||
Copart, Inc.* | 160,808 | 19,240,677 | ||||||
47,394,412 | ||||||||
Communications Equipment - 1.0% | ||||||||
Cisco Systems, Inc. | 2,799,784 | 125,206,340 | ||||||
Electric Utilities - 0.9% | ||||||||
American Electric Power Co., Inc. | 347,316 | 34,801,063 | ||||||
Constellation Energy Corp. | 220,911 | 18,024,098 | ||||||
Exelon Corp. | 662,714 | 29,099,772 | ||||||
Xcel Energy, Inc. | 368,261 | 27,343,379 | ||||||
109,268,312 | ||||||||
Entertainment - 1.2% | ||||||||
Activision Blizzard, Inc. | 528,329 | 41,468,543 | ||||||
Electronic Arts, Inc. | 189,226 | 24,007,103 | ||||||
NetEase, Inc., ADR | 122,746 | 10,864,248 | ||||||
Netflix, Inc.* | 300,311 | 67,137,527 | ||||||
143,477,421 | ||||||||
Food & Staples Retailing - 1.4% | ||||||||
Costco Wholesale Corp. | 299,460 | 156,348,066 | ||||||
Walgreens Boots Alliance, Inc. | 583,736 | 20,465,784 | ||||||
176,813,850 | ||||||||
Food Products - 0.7% | ||||||||
Kraft Heinz Co. (The) | 827,487 | 30,948,014 | ||||||
Mondelez International, Inc., Class A | 935,390 | 57,863,225 | ||||||
88,811,239 | ||||||||
Health Care Equipment & Supplies - 0.9% | ||||||||
Align Technology, Inc.* | 53,316 | 12,993,109 | ||||||
Dexcom, Inc.* | 265,204 | 21,802,421 | ||||||
IDEXX Laboratories, Inc.* | 56,890 | 19,776,102 | ||||||
Intuitive Surgical, Inc.* | 242,619 | 49,916,433 | ||||||
104,488,065 | ||||||||
Hotels, Restaurants & Leisure - 1.5% | ||||||||
Airbnb, Inc., Class A* | 258,660 | 29,259,619 | ||||||
Booking Holdings, Inc.* | 27,638 | 51,843,637 | ||||||
Marriott International, Inc., Class A | 221,350 | 34,030,349 | ||||||
Starbucks Corp. | 774,686 | 65,127,852 | ||||||
180,261,457 | ||||||||
Industrial Conglomerates - 0.7% | ||||||||
Honeywell International, Inc. | 460,324 | 87,162,349 | ||||||
Interactive Media & Services - 6.6% | ||||||||
Alphabet, Inc., Class A* | 2,448,970 | 265,027,533 | ||||||
Alphabet, Inc., Class C* | 2,550,721 | 278,411,197 | ||||||
Baidu, Inc., ADR* | 145,943 | 21,011,414 | ||||||
Match Group, Inc.* | 193,012 | 10,910,968 | ||||||
Meta Platforms, Inc., Class A* | 1,399,848 | 228,077,235 | ||||||
803,438,347 | ||||||||
Internet & Direct Marketing Retail - 5.0% | ||||||||
Amazon.com, Inc.* | 4,146,239 | 525,618,718 | ||||||
eBay, Inc. | 378,472 | 16,701,969 | ||||||
JD.com, Inc., ADR | 342,340 | 21,735,167 | ||||||
MercadoLibre, Inc.* | 33,901 | 28,997,560 | ||||||
Pinduoduo, Inc., ADR* | 299,511 | 21,355,134 | ||||||
614,408,548 | ||||||||
IT Services - 2.1% | ||||||||
Automatic Data Processing, Inc. | 282,286 | 68,993,521 | ||||||
Cognizant Technology Solutions Corp., Class A | 352,439 | 22,263,572 | ||||||
Fiserv, Inc.* | 436,852 | 44,205,054 | ||||||
Okta, Inc.* | 102,147 | 9,336,236 | ||||||
Paychex, Inc. | 244,072 | 30,103,841 | ||||||
PayPal Holdings, Inc.* | 782,735 | 73,138,758 | ||||||
VeriSign, Inc.* | 74,001 | 13,484,462 | ||||||
261,525,444 | ||||||||
Life Sciences Tools & Services - 0.2% | ||||||||
Illumina, Inc.* | 106,317 | 21,437,760 | ||||||
Machinery - 0.2% | ||||||||
PACCAR, Inc. | 234,979 | 20,563,012 | ||||||
Media - 1.4% | ||||||||
Charter Communications, Inc., Class A* | 113,483 | 46,826,490 | ||||||
Comcast Corp., Class A | 3,021,327 | 109,341,824 | ||||||
Sirius XM Holdings, Inc.(b) | 2,660,184 | 16,200,521 | ||||||
172,368,835 | ||||||||
Multiline Retail - 0.2% | ||||||||
Dollar Tree, Inc.* | 151,842 | 20,601,923 | ||||||
Pharmaceuticals - 0.2% | ||||||||
AstraZeneca plc, ADR | 390,703 | 24,372,053 | ||||||
Professional Services - 0.2% | ||||||||
Verisk Analytics, Inc. | 106,857 | 19,999,356 | ||||||
Road & Rail - 0.5% | ||||||||
CSX Corp. | 1,469,314 | 46,503,788 | ||||||
Old Dominion Freight Line, Inc. | 76,617 | 20,794,620 | ||||||
67,298,408 | ||||||||
Semiconductors & Semiconductor Equipment - 8.9% | ||||||||
Advanced Micro Devices, Inc.* | 1,095,723 | 92,994,011 | ||||||
Analog Devices, Inc. | 351,328 | 53,236,732 | ||||||
Applied Materials, Inc. | 588,103 | 55,322,849 | ||||||
ASML Holding NV (Registered), NYRS | 58,068 | 28,449,836 | ||||||
Broadcom, Inc. | 275,824 | 137,666,517 | ||||||
Intel Corp. | 2,764,507 | 88,243,063 | ||||||
KLA Corp. | 100,960 | 34,743,365 | ||||||
Lam Research Corp. | 93,644 | 41,007,644 | ||||||
Marvell Technology, Inc. | 574,639 | 26,904,598 | ||||||
Microchip Technology, Inc. | 374,819 | 24,456,940 | ||||||
Micron Technology, Inc. | 754,865 | 42,672,519 | ||||||
NVIDIA Corp. | 1,433,818 | 216,420,489 | ||||||
NXP Semiconductors NV | 177,604 | 29,230,066 | ||||||
QUALCOMM, Inc. | 757,569 | 100,203,652 |
UltraPro QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Skyworks Solutions, Inc. | 108,746 | 10,716,918 | ||||||
Texas Instruments, Inc. | 623,211 | 102,960,689 | ||||||
1,085,229,888 | ||||||||
Software - 10.8% | ||||||||
Adobe, Inc.* | 319,273 | 119,229,309 | ||||||
ANSYS, Inc.* | 58,801 | 14,600,288 | ||||||
Atlassian Corp. plc, Class A* | 96,674 | 23,942,283 | ||||||
Autodesk, Inc.* | 147,188 | 29,693,707 | ||||||
Cadence Design Systems, Inc.* | 186,279 | 32,369,702 | ||||||
Crowdstrike Holdings, Inc., Class A* | 144,043 | 26,303,692 | ||||||
Datadog, Inc., Class A* | 191,290 | 20,075,885 | ||||||
DocuSign, Inc.* | 135,017 | 7,860,690 | ||||||
Fortinet, Inc.* | 542,224 | 26,400,887 | ||||||
Intuit, Inc. | 190,650 | 82,318,857 | ||||||
Microsoft Corp. | 3,046,878 | 796,667,191 | ||||||
Palo Alto Networks, Inc.* | 67,427 | 37,544,028 | ||||||
Splunk, Inc.* | 108,728 | 9,788,782 | ||||||
Synopsys, Inc.* | 103,392 | 35,775,700 | ||||||
Workday, Inc., Class A* | 134,297 | 22,099,914 | ||||||
Zoom Video Communications, Inc., Class A* | 170,094 | 13,675,558 | ||||||
Zscaler, Inc.* | 95,368 | 15,186,400 | ||||||
1,313,532,873 | ||||||||
Specialty Retail - 0.4% | ||||||||
O'Reilly Automotive, Inc.* | 44,307 | 30,887,296 | ||||||
Ross Stores, Inc. | 237,622 | 20,499,650 | ||||||
51,386,946 | ||||||||
Technology Hardware, Storage & Peripherals - 8.5% | ||||||||
Apple, Inc. | 6,595,367 | 1,036,923,600 | ||||||
Textiles, Apparel & Luxury Goods - 0.2% | ||||||||
Lululemon Athletica, Inc.* | 82,937 | 24,877,783 | ||||||
Trading Companies & Distributors - 0.2% | ||||||||
Fastenal Co. | 389,157 | 19,586,272 | ||||||
Wireless Telecommunication Services - 1.0% | ||||||||
T-Mobile US, Inc.* | 847,191 | 121,961,616 | ||||||
TOTAL COMMON STOCKS (Cost $9,274,575,861) | 7,643,705,027 | |||||||
SECURITIES LENDING REINVESTMENTS(c) - 0.2% | ||||||||
INVESTMENT COMPANIES - 0.2% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $26,935,033) | 26,935,033 | 26,935,033 |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 88.6% | ||||||||
REPURCHASE AGREEMENTS(d) - 9.2% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $1,121,429,175 | ||||||||
(Cost $1,121,360,616) | 1,121,360,616 | 1,121,360,616 | ||||||
U.S. TREASURY OBLIGATIONS - 79.4% | ||||||||
U.S. Treasury Bills | ||||||||
1.90%, 9/1/2022(e) | 200,000,000 | 200,000,000 | ||||||
1.12%, 9/6/2022(e) | 700,000,000 | 699,805,288 | ||||||
1.95%, 9/8/2022(e) | 550,000,000 | 549,782,370 | ||||||
2.17%, 9/13/2022(e) | 500,000,000 | 499,639,165 | ||||||
1.65%, 9/15/2022(e) | 500,000,000 | 499,583,890 | ||||||
2.09%, 9/22/2022(e) | 250,000,000 | 249,701,043 | ||||||
2.28%, 10/6/2022(e) | 250,000,000 | 249,465,277 | ||||||
2.29%, 10/13/2022(e) | 250,000,000 | 249,326,980 | ||||||
1.34%, 10/20/2022(e) | 100,000,000 | 99,666,187 | ||||||
1.82%, 11/3/2022(e) | 600,000,000 | 597,243,576 | ||||||
2.42%, 11/8/2022(e) | 200,000,000 | 199,030,434 | ||||||
2.49%, 11/10/2022(e) | 1,050,000,000 | 1,044,693,363 | ||||||
2.64%, 11/17/2022(e) | 625,000,000 | 621,424,044 | ||||||
2.44%, 11/25/2022(e) | 500,000,000 | 496,695,775 | ||||||
2.58%, 12/1/2022(e) | 400,000,000 | 397,102,408 | ||||||
2.72%, 12/29/2022(e) | 555,000,000 | 549,519,181 | ||||||
2.97%, 1/5/2023(e) | 500,000,000 | 494,799,290 | ||||||
2.97%, 1/12/2023(e) | 300,000,000 | 296,662,254 | ||||||
3.02%, 1/19/2023(e) | 500,000,000 | 494,120,000 | ||||||
2.84%, 1/26/2023(e) | 500,000,000 | 493,801,245 | ||||||
3.06%, 2/2/2023(e) | 500,000,000 | 493,278,540 | ||||||
2.68%, 2/23/2023(e) | 200,000,000 | 196,876,736 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $9,676,597,381) | 9,672,217,046 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $10,797,957,997) | 10,793,577,662 | |||||||
Total Investments - 151.5% (Cost $20,099,468,891) | 18,464,217,722 | |||||||
Liabilities in excess of other assets - (51.5%) | (6,277,370,517 | ) | ||||||
Net Assets - 100.0% | 12,186,847,205 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $12,666,363,618. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $32,073,990, collateralized in the form of cash with a value of $26,935,033 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $5,730,403 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from January 15, 2023 – May 15, 2051. The total value of collateral is $32,665,436. |
(c) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $26,935,033. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(e) | The rate shown was the current yield as of August 31, 2022. |
Abbreviations | |
ADR | American Depositary Receipt |
NYRS | New York Registry Shares |
UltraPro QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Purchased
UltraPro QQQ had the following open long futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | |||||||||||
NASDAQ 100 E-Mini Index | 2,457 | 9/16/2022 | USD | $ | 603,697,185 | $ | 44,038,198 |
Swap Agreements
UltraPro QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
3,530,319,414 | 5/8/2023 | Bank of America NA | 2.93 | % | NASDAQ-100 Index® | (1,333,994,977 | ) | |||||||||
4,157,199,251 | 4/17/2023 | Barclays Capital | 2.93 | % | NASDAQ-100 Index® | (339,206,516 | ) | |||||||||
2,873,569,457 | 5/8/2023 | BNP Paribas SA | 2.98 | % | NASDAQ-100 Index® | (1,360,101,963 | ) | |||||||||
3,027,571,161 | 2/6/2023 | Citibank NA | 2.99 | % | NASDAQ-100 Index® | (1,171,697,504 | ) | |||||||||
2,156,833,816 | 11/7/2022 | Credit Suisse International | 2.93 | % | NASDAQ-100 Index® | (207,905,769 | ) | |||||||||
2,266,582,581 | 4/8/2024 | Goldman Sachs International | 3.03 | % | NASDAQ-100 Index® | (18,265,686 | ) | |||||||||
1,857,936,254 | 5/8/2023 | J.P. Morgan Securities | 2.73 | % | NASDAQ-100 Index® | (1,043,106,311 | ) | |||||||||
2,193,122,209 | 4/8/2024 | Morgan Stanley & Co. International plc | 2.88 | % | NASDAQ-100 Index® | 82,445,989 | ||||||||||
2,691,121,187 | 11/6/2023 | Societe Generale | 3.18 | % | NASDAQ-100 Index® | (229,207,261 | ) | |||||||||
3,561,060,849 | 11/7/2022 | UBS AG | 3.13 | % | NASDAQ-100 Index® | (1,348,502,500 | ) | |||||||||
28,315,316,179 | (6,969,542,498 | ) | ||||||||||||||
Total Unrealized Appreciation | 82,445,989 | |||||||||||||||
Total Unrealized Depreciation | (7,051,988,487 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | ||||||||||||
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). | ||||||||||||
Abbreviations | |
USD | U.S. Dollar |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 70.8% | ||||||||
Aerospace & Defense - 0.6% | ||||||||
AAR Corp.* | 2,221 | 95,236 | ||||||
Aerojet Rocketdyne Holdings, Inc.* | 5,215 | 224,610 | ||||||
AeroVironment, Inc.* | 1,527 | 135,369 | ||||||
AerSale Corp.* | 1,043 | 20,109 | ||||||
Archer Aviation, Inc., Class A* | 8,179 | 28,954 | ||||||
Astra Space, Inc.*(b) | 9,453 | 8,062 | ||||||
Astronics Corp.* | 1,662 | 15,307 | ||||||
Cadre Holdings, Inc. | 1,085 | 27,667 | ||||||
Ducommun, Inc.* | 726 | 31,944 | ||||||
Kaman Corp. | 1,840 | 58,365 | ||||||
Kratos Defense & Security Solutions, Inc.* | 8,117 | 101,787 | ||||||
Maxar Technologies, Inc. | 4,777 | 113,836 | ||||||
Momentus, Inc.*(b) | 3,582 | 6,340 | ||||||
Moog, Inc., Class A | 1,880 | 140,962 | ||||||
National Presto Industries, Inc. | 337 | 22,990 | ||||||
Park Aerospace Corp. | 1,288 | 14,825 | ||||||
Parsons Corp.*(b) | 2,211 | 91,491 | ||||||
Redwire Corp.* | 1,272 | 3,511 | ||||||
Rocket Lab USA, Inc.* | 14,008 | 77,044 | ||||||
Terran Orbital Corp.*(b) | 1,575 | 6,615 | ||||||
Triumph Group, Inc.* | 4,208 | 54,662 | ||||||
V2X, Inc.* | 757 | 26,238 | ||||||
Virgin Galactic Holdings, Inc.*(b) | 14,994 | 88,615 | ||||||
1,394,539 | ||||||||
Air Freight & Logistics - 0.3% | ||||||||
Air Transport Services Group, Inc.* | 3,880 | 116,904 | ||||||
Atlas Air Worldwide Holdings, Inc.* | 1,839 | 183,753 | ||||||
Forward Air Corp. | 1,766 | 171,373 | ||||||
Hub Group, Inc., Class A* | 2,207 | 176,141 | ||||||
Radiant Logistics, Inc.* | 2,489 | 17,423 | ||||||
665,594 | ||||||||
Airlines - 0.3% | ||||||||
Allegiant Travel Co.* | 1,019 | 98,333 | ||||||
Blade Air Mobility, Inc.*(b) | 3,687 | 19,025 | ||||||
Frontier Group Holdings, Inc.* | 2,452 | 31,631 | ||||||
Hawaiian Holdings, Inc.* | 3,327 | 49,872 | ||||||
Joby Aviation, Inc.*(b) | 16,499 | 87,445 | ||||||
SkyWest, Inc.* | 3,279 | 69,810 | ||||||
Spirit Airlines, Inc.* | 7,162 | 162,434 | ||||||
Sun Country Airlines Holdings, Inc.* | 2,175 | 43,326 | ||||||
Wheels Up Experience, Inc.* | 10,457 | 19,554 | ||||||
581,430 | ||||||||
Auto Components - 1.0% | ||||||||
Adient plc* | 6,236 | 207,035 | ||||||
American Axle & Manufacturing Holdings, Inc.* | 7,425 | 76,849 | ||||||
Dana, Inc. | 8,482 | 131,217 | ||||||
Dorman Products, Inc.* | 1,731 | 156,915 | ||||||
Fox Factory Holding Corp.* | 2,788 | 259,869 | ||||||
Gentherm, Inc.* | 2,176 | 130,342 | ||||||
Goodyear Tire & Rubber Co. (The)* | 18,433 | 258,615 | ||||||
Holley, Inc.*(b) | 3,378 | 19,153 | ||||||
LCI Industries | 1,632 | 189,100 | ||||||
Luminar Technologies, Inc.*(b) | 15,684 | 135,196 | ||||||
Modine Manufacturing Co.* | 3,269 | 48,970 | ||||||
Motorcar Parts of America, Inc.* | 1,228 | 18,248 | ||||||
Patrick Industries, Inc. | 1,443 | 76,436 | ||||||
Solid Power, Inc.*(b) | 3,729 | 24,537 | ||||||
Standard Motor Products, Inc. | 1,351 | 49,582 | ||||||
Stoneridge, Inc.* | 1,730 | 32,870 | ||||||
Tenneco, Inc., Class A* | 5,422 | 102,259 | ||||||
Visteon Corp.* | 1,828 | 219,049 | ||||||
XPEL, Inc.*(c) | 1,414 | 96,901 | ||||||
2,233,143 | ||||||||
Automobiles - 0.1% | ||||||||
Canoo, Inc.*(b) | 7,573 | 24,158 | ||||||
Cenntro Electric Group Ltd.*(b) | 12,093 | 15,963 | ||||||
Faraday Future Intelligent Electric, Inc.*(b) | 6,526 | 7,309 | ||||||
Fisker, Inc.*(b) | 10,679 | 96,431 | ||||||
Lordstown Motors Corp.*(b) | 10,488 | 22,444 | ||||||
Mullen Automotive, Inc.* | 999 | 666 | ||||||
Winnebago Industries, Inc. | 2,105 | 121,206 | ||||||
Workhorse Group, Inc.*(b) | 9,636 | 30,161 | ||||||
318,338 | ||||||||
Banks - 6.8% | ||||||||
1st Source Corp. | 1,060 | 50,021 | ||||||
ACNB Corp.(b) | 555 | 19,736 | ||||||
Allegiance Bancshares, Inc. | 1,274 | 53,967 | ||||||
Amalgamated Financial Corp. | 925 | 20,813 | ||||||
Amerant Bancorp, Inc. | 1,844 | 48,294 | ||||||
American National Bankshares, Inc. | 682 | 22,458 | ||||||
Ameris Bancorp | 4,347 | 202,918 | ||||||
Arrow Financial Corp. | 904 | 29,027 | ||||||
Associated Banc-Corp. | 9,804 | 196,472 | ||||||
Atlantic Union Bankshares Corp. | 4,920 | 159,654 | ||||||
Banc of California, Inc. | 3,613 | 60,987 | ||||||
BancFirst Corp. | 1,292 | 139,355 | ||||||
Bancorp, Inc. (The)* | 3,661 | 86,839 | ||||||
Bank First Corp.(b) | 424 | 34,458 | ||||||
Bank of Marin Bancorp | 1,029 | 31,796 | ||||||
Bank of NT Butterfield & Son Ltd. (The) | 3,266 | 106,537 | ||||||
BankUnited, Inc. | 5,367 | 198,847 | ||||||
Bankwell Financial Group, Inc. | 370 | 11,662 | ||||||
Banner Corp. | 2,246 | 136,467 | ||||||
Bar Harbor Bankshares | 970 | 27,480 | ||||||
BayCom Corp. | 845 | 15,725 | ||||||
BCB Bancorp, Inc. | 944 | 16,992 | ||||||
Berkshire Hills Bancorp, Inc. | 3,033 | 85,561 | ||||||
Blue Ridge Bankshares, Inc. | 1,118 | 16,401 | ||||||
Brookline Bancorp, Inc. | 4,987 | 62,188 | ||||||
Business First Bancshares, Inc. | 1,390 | 32,790 | ||||||
Byline Bancorp, Inc. | 1,615 | 35,223 | ||||||
Cadence Bank | 12,042 | 306,830 | ||||||
Cambridge Bancorp | 448 | 36,839 | ||||||
Camden National Corp. | 945 | 42,742 | ||||||
Capital Bancorp, Inc. | 590 | 14,614 | ||||||
Capital City Bank Group, Inc. | 889 | 28,386 | ||||||
Capstar Financial Holdings, Inc. | 1,336 | 26,920 | ||||||
Carter Bankshares, Inc.* | 1,597 | 26,303 | ||||||
Cathay General Bancorp | 4,731 | 198,418 | ||||||
CBTX, Inc. | 1,208 | 35,998 | ||||||
Central Pacific Financial Corp. | 1,778 | 38,743 | ||||||
Citizens & Northern Corp. | 991 | 23,784 | ||||||
City Holding Co.(b) | 967 | 82,205 | ||||||
Civista Bancshares, Inc. | 957 | 20,241 | ||||||
CNB Financial Corp. | 1,058 | 27,847 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Coastal Financial Corp.* | 685 | 27,537 | ||||||
Colony Bankcorp, Inc. | 1,076 | 15,193 | ||||||
Columbia Banking System, Inc. | 5,177 | 155,051 | ||||||
Community Bank System, Inc. | 3,508 | 229,353 | ||||||
Community Trust Bancorp, Inc. | 1,030 | 43,518 | ||||||
ConnectOne Bancorp, Inc. | 2,439 | 61,048 | ||||||
CrossFirst Bankshares, Inc.* | 2,993 | 39,448 | ||||||
Customers Bancorp, Inc.* | 2,037 | 70,664 | ||||||
CVB Financial Corp.(b) | 8,882 | 233,064 | ||||||
Dime Community Bancshares, Inc. | 2,191 | 68,491 | ||||||
Eagle Bancorp, Inc. | 2,083 | 101,088 | ||||||
Eastern Bankshares, Inc. | 10,566 | 204,980 | ||||||
Enterprise Bancorp, Inc. | 612 | 19,694 | ||||||
Enterprise Financial Services Corp. | 2,317 | 105,933 | ||||||
Equity Bancshares, Inc., Class A | 1,010 | 31,542 | ||||||
Esquire Financial Holdings, Inc. | 455 | 17,008 | ||||||
Farmers & Merchants Bancorp, Inc.(b) | 795 | 22,705 | ||||||
Farmers National Banc Corp. | 2,067 | 29,537 | ||||||
FB Financial Corp. | 2,381 | 94,335 | ||||||
Financial Institutions, Inc. | 993 | 25,848 | ||||||
First Bancorp | 2,318 | 84,398 | ||||||
First Bancorp | 12,882 | 184,213 | ||||||
First Bancorp, Inc. (The) | 638 | 18,502 | ||||||
First Bancshares, Inc. (The) | 1,294 | 38,691 | ||||||
First Bank | 1,019 | 15,275 | ||||||
First Busey Corp. | 3,391 | 77,993 | ||||||
First Business Financial Services, Inc. | 526 | 17,505 | ||||||
First Commonwealth Financial Corp. | 6,135 | 82,700 | ||||||
First Community Bankshares, Inc. | 1,074 | 33,863 | ||||||
First Financial Bancorp | 6,123 | 132,134 | ||||||
First Financial Bankshares, Inc.(b) | 8,539 | 362,993 | ||||||
First Financial Corp. | 752 | 34,968 | ||||||
First Foundation, Inc. | 3,360 | 63,706 | ||||||
First Guaranty Bancshares, Inc. | 398 | 8,867 | ||||||
First Internet Bancorp | 596 | 21,855 | ||||||
First Interstate BancSystem, Inc., Class A | 6,156 | 247,841 | ||||||
First Merchants Corp. | 3,761 | 149,763 | ||||||
First Mid Bancshares, Inc. | 1,224 | 43,268 | ||||||
First of Long Island Corp. (The) | 1,464 | 26,952 | ||||||
First Western Financial, Inc.* | 519 | 13,769 | ||||||
Five Star Bancorp | 826 | 21,005 | ||||||
Flushing Financial Corp. | 1,891 | 39,049 | ||||||
Fulton Financial Corp. | 10,309 | 167,315 | ||||||
FVCBankcorp, Inc.* | 784 | 15,100 | ||||||
German American Bancorp, Inc. | 1,819 | 68,322 | ||||||
Glacier Bancorp, Inc. | 7,303 | 370,116 | ||||||
Great Southern Bancorp, Inc. | 631 | 37,090 | ||||||
Guaranty Bancshares, Inc. | 542 | 18,780 | ||||||
Hancock Whitney Corp. | 5,663 | 273,127 | ||||||
Hanmi Financial Corp. | 1,988 | 49,143 | ||||||
HarborOne Bancorp, Inc. | 2,996 | 40,865 | ||||||
HBT Financial, Inc. | 667 | 12,059 | ||||||
Heartland Financial USA, Inc. | 2,698 | 120,520 | ||||||
Heritage Commerce Corp. | 3,860 | 43,579 | ||||||
Heritage Financial Corp. | 2,272 | 59,049 | ||||||
Hilltop Holdings, Inc. | 4,030 | 106,392 | ||||||
Home BancShares, Inc. | 12,493 | 293,960 | ||||||
HomeStreet, Inc. | 1,180 | 41,076 | ||||||
HomeTrust Bancshares, Inc. | 957 | 22,222 | ||||||
Hope Bancorp, Inc. | 7,615 | 110,189 | ||||||
Horizon Bancorp, Inc. | 2,648 | 50,100 | ||||||
Independent Bank Corp. | 3,067 | 239,931 | ||||||
Independent Bank Corp./MI | 1,322 | 27,127 | ||||||
Independent Bank Group, Inc. | 2,414 | 162,607 | ||||||
International Bancshares Corp. | 3,573 | 149,101 | ||||||
John Marshall Bancorp, Inc.(b) | 749 | 18,882 | ||||||
Lakeland Bancorp, Inc. | 4,088 | 66,594 | ||||||
Lakeland Financial Corp. | 1,612 | 121,448 | ||||||
Live Oak Bancshares, Inc. | 2,150 | 77,916 | ||||||
Macatawa Bank Corp. | 1,726 | 16,432 | ||||||
Mercantile Bank Corp. | 1,011 | 33,444 | ||||||
Metrocity Bankshares, Inc. | 1,227 | 24,528 | ||||||
Metropolitan Bank Holding Corp.* | 676 | 48,395 | ||||||
Mid Penn Bancorp, Inc. | 941 | 27,374 | ||||||
Midland States Bancorp, Inc. | 1,390 | 34,875 | ||||||
MidWestOne Financial Group, Inc. | 930 | 28,365 | ||||||
MVB Financial Corp. | 673 | 21,523 | ||||||
National Bank Holdings Corp., Class A | 1,920 | 77,050 | ||||||
NBT Bancorp, Inc. | 2,747 | 106,529 | ||||||
Nicolet Bankshares, Inc.* | 806 | 61,723 | ||||||
Northeast Bank | 441 | 17,098 | ||||||
Northwest Bancshares, Inc. | 7,983 | 112,321 | ||||||
OceanFirst Financial Corp. | 3,813 | 74,125 | ||||||
OFG Bancorp | 3,128 | 85,082 | ||||||
Old National Bancorp | 19,268 | 321,583 | ||||||
Old Second Bancorp, Inc. | 2,782 | 38,169 | ||||||
Origin Bancorp, Inc. | 1,476 | 60,295 | ||||||
Orrstown Financial Services, Inc. | 697 | 17,934 | ||||||
Pacific Premier Bancorp, Inc. | 6,160 | 201,802 | ||||||
Park National Corp. | 943 | 124,316 | ||||||
Parke Bancorp, Inc. | 664 | 14,728 | ||||||
Pathward Financial, Inc. | 1,905 | 62,789 | ||||||
PCB Bancorp | 764 | 14,348 | ||||||
PCSB Financial Corp. | 822 | 15,215 | ||||||
Peapack-Gladstone Financial Corp. | 1,142 | 38,451 | ||||||
Peoples Bancorp, Inc. | 1,828 | 54,639 | ||||||
Peoples Financial Services Corp. | 460 | 22,393 | ||||||
Preferred Bank | 901 | 61,124 | ||||||
Premier Financial Corp. | 2,327 | 62,876 | ||||||
Primis Financial Corp. | 1,455 | 19,075 | ||||||
Professional Holding Corp., Class A* | 849 | 23,738 | ||||||
QCR Holdings, Inc. | 1,088 | 60,765 | ||||||
RBB Bancorp | 982 | 21,702 | ||||||
Red River Bancshares, Inc. | 286 | 14,617 | ||||||
Renasant Corp. | 3,596 | 119,891 | ||||||
Republic Bancorp, Inc., Class A | 579 | 24,608 | ||||||
Republic First Bancorp, Inc.* | 3,179 | 10,109 | ||||||
S&T Bancorp, Inc. | 2,566 | 76,056 | ||||||
Sandy Spring Bancorp, Inc. | 2,909 | 112,055 | ||||||
Seacoast Banking Corp. of Florida | 3,975 | 128,472 | ||||||
ServisFirst Bancshares, Inc. | 3,295 | 277,966 | ||||||
Shore Bancshares, Inc. | 1,169 | 22,269 | ||||||
Sierra Bancorp | 903 | 18,710 | ||||||
Silvergate Capital Corp., Class A* | 2,060 | 187,707 | ||||||
Simmons First National Corp., Class A | 8,221 | 193,933 | ||||||
SmartFinancial, Inc. | 1,019 | 25,567 | ||||||
South Plains Financial, Inc. | 667 | 18,096 | ||||||
Southern First Bancshares, Inc.* | 498 | 21,469 | ||||||
Southside Bancshares, Inc. | 2,009 | 75,699 | ||||||
SouthState Corp. | 4,926 | 384,425 | ||||||
Stock Yards Bancorp, Inc. | 1,880 | 124,569 |
UltraPro Russell2000 Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Investments | Shares | Value ($) | ||||||
Summit Financial Group, Inc. | 740 | 21,105 | ||||||
Texas Capital Bancshares, Inc.* | 3,341 | 197,219 | ||||||
Third Coast Bancshares, Inc.* | 839 | 15,270 | ||||||
Tompkins Financial Corp. | 923 | 66,124 | ||||||
Towne Bank | 4,425 | 126,068 | ||||||
TriCo Bancshares | 2,079 | 98,108 | ||||||
Triumph Bancorp, Inc.* | 1,576 | 97,570 | ||||||
Trustmark Corp. | 4,024 | 126,917 | ||||||
UMB Financial Corp. | 2,892 | 258,747 | ||||||
United Bankshares, Inc. | 8,704 | 322,918 | ||||||
United Community Banks, Inc. | 6,984 | 234,174 | ||||||
Unity Bancorp, Inc. | 463 | 12,978 | ||||||
Univest Financial Corp. | 1,916 | 47,517 | ||||||
USCB Financial Holdings, Inc.*(b) | 708 | 9,204 | ||||||
Valley National Bancorp | 28,304 | 328,892 | ||||||
Veritex Holdings, Inc. | 3,451 | 103,910 | ||||||
Washington Federal, Inc. | 4,257 | 136,267 | ||||||
Washington Trust Bancorp, Inc. | 1,134 | 57,414 | ||||||
WesBanco, Inc. | 3,835 | 131,195 | ||||||
West Bancorp, Inc. | 1,064 | 26,185 | ||||||
Westamerica Bancorp | 1,710 | 95,675 | ||||||
15,244,976 | ||||||||
Beverages - 0.4% | ||||||||
Celsius Holdings, Inc.* | 3,592 | 371,736 | ||||||
Coca-Cola Consolidated, Inc. | 308 | 146,094 | ||||||
Duckhorn Portfolio, Inc. (The)* | 2,427 | 44,268 | ||||||
MGP Ingredients, Inc. | 922 | 100,922 | ||||||
National Beverage Corp. | 1,551 | 86,018 | ||||||
Primo Water Corp. | 10,352 | 136,025 | ||||||
Vintage Wine Estates, Inc.* | 2,128 | 12,577 | ||||||
Vita Coco Co., Inc. (The)*(b) | 1,832 | 27,462 | ||||||
925,102 | ||||||||
Biotechnology - 5.5% | ||||||||
2seventy bio, Inc.* | 2,455 | 36,162 | ||||||
4D Molecular Therapeutics, Inc.* | 1,972 | 15,500 | ||||||
Aadi Bioscience, Inc.*(b) | 952 | 12,900 | ||||||
ACADIA Pharmaceuticals, Inc.* | 7,897 | 129,748 | ||||||
Adagio Therapeutics, Inc.* | 3,374 | 15,385 | ||||||
Adicet Bio, Inc.* | 1,858 | 26,309 | ||||||
ADMA Biologics, Inc.* | 12,209 | 32,964 | ||||||
Aerovate Therapeutics, Inc.*(b) | 603 | 11,957 | ||||||
Affimed NV* | 9,342 | 24,476 | ||||||
Agenus, Inc.* | 17,744 | 47,909 | ||||||
Agios Pharmaceuticals, Inc.* | 3,585 | 91,418 | ||||||
Akero Therapeutics, Inc.* | 1,838 | 21,596 | ||||||
Albireo Pharma, Inc.* | 1,130 | 19,775 | ||||||
Alector, Inc.* | 4,086 | 42,290 | ||||||
Alkermes plc* | 10,711 | 253,529 | ||||||
Allogene Therapeutics, Inc.* | 5,235 | 71,772 | ||||||
Allovir, Inc.* | 2,041 | 15,328 | ||||||
Alpine Immune Sciences, Inc.* | 1,025 | 7,698 | ||||||
ALX Oncology Holdings, Inc.* | 1,409 | 18,317 | ||||||
Amicus Therapeutics, Inc.* | 18,115 | 203,431 | ||||||
AnaptysBio, Inc.* | 1,331 | 30,906 | ||||||
Anavex Life Sciences Corp.* | 4,483 | 42,992 | ||||||
Anika Therapeutics, Inc.* | 957 | 21,628 | ||||||
Apellis Pharmaceuticals, Inc.* | 5,972 | 361,366 | ||||||
Arbutus Biopharma Corp.* | 7,095 | 15,751 | ||||||
Arcellx, Inc.* | 645 | 11,591 | ||||||
Arcturus Therapeutics Holdings, Inc.* | 1,519 | 21,327 | ||||||
Arcus Biosciences, Inc.* | 3,374 | 81,246 | ||||||
Arcutis Biotherapeutics, Inc.* | 2,301 | 62,012 | ||||||
Arrowhead Pharmaceuticals, Inc.* | 6,762 | 268,519 | ||||||
Atara Biotherapeutics, Inc.* | 6,030 | 24,180 | ||||||
Aura Biosciences, Inc.*(b) | 1,204 | 16,085 | ||||||
Aurinia Pharmaceuticals, Inc.* | 8,812 | 64,856 | ||||||
Avid Bioservices, Inc.*(b) | 4,012 | 69,087 | ||||||
Avidity Biosciences, Inc.*(b) | 3,211 | 63,000 | ||||||
Beam Therapeutics, Inc.* | 4,174 | 227,900 | ||||||
BioCryst Pharmaceuticals, Inc.* | 12,185 | 169,371 | ||||||
Biohaven Pharmaceutical Holding Co. Ltd.* | 4,091 | 610,991 | ||||||
Bioxcel Therapeutics, Inc.*(b) | 1,256 | 17,182 | ||||||
Bluebird Bio, Inc.* | 4,700 | 27,448 | ||||||
Blueprint Medicines Corp.* | 3,926 | 287,462 | ||||||
Bridgebio Pharma, Inc.* | 6,872 | 72,156 | ||||||
C4 Therapeutics, Inc.* | 2,763 | 27,851 | ||||||
CareDx, Inc.* | 3,344 | 65,509 | ||||||
Caribou Biosciences, Inc.* | 3,548 | 35,019 | ||||||
Catalyst Pharmaceuticals, Inc.* | 6,293 | 85,207 | ||||||
Celldex Therapeutics, Inc.* | 3,010 | 91,504 | ||||||
Celularity, Inc., Class A*(b) | 1,025 | 2,778 | ||||||
Century Therapeutics, Inc.*(b) | 1,322 | 13,907 | ||||||
Cerevel Therapeutics Holdings, Inc.* | 3,570 | 103,887 | ||||||
ChemoCentryx, Inc.* | 4,151 | 211,618 | ||||||
Chimerix, Inc.* | 5,533 | 12,173 | ||||||
Chinook Therapeutics, Inc.* | 2,869 | 59,675 | ||||||
Cogent Biosciences, Inc.* | 2,930 | 48,316 | ||||||
Coherus Biosciences, Inc.* | 4,838 | 54,089 | ||||||
Crinetics Pharmaceuticals, Inc.* | 3,457 | 65,268 | ||||||
CTI BioPharma Corp.*(b) | 6,084 | 38,208 | ||||||
Cullinan Oncology, Inc.* | 1,959 | 26,407 | ||||||
Cytokinetics, Inc.* | 5,394 | 285,666 | ||||||
Day One Biopharmaceuticals, Inc.* | 1,534 | 36,034 | ||||||
Deciphera Pharmaceuticals, Inc.* | 2,960 | 48,041 | ||||||
Denali Therapeutics, Inc.*(b) | 6,472 | 179,080 | ||||||
Design Therapeutics, Inc.* | 2,225 | 45,078 | ||||||
Dynavax Technologies Corp.* | 7,774 | 89,168 | ||||||
Dyne Therapeutics, Inc.* | 2,081 | 20,394 | ||||||
Eagle Pharmaceuticals, Inc.* | 682 | 22,349 | ||||||
Editas Medicine, Inc.*(b) | 4,538 | 66,709 | ||||||
Eiger BioPharmaceuticals, Inc.* | 2,691 | 22,228 | ||||||
Emergent BioSolutions, Inc.* | 3,309 | 79,482 | ||||||
Enanta Pharmaceuticals, Inc.* | 1,286 | 78,292 | ||||||
Enochian Biosciences, Inc.* | 1,299 | 3,209 | ||||||
EQRx, Inc.* | 8,982 | 43,922 | ||||||
Erasca, Inc.*(b) | 4,260 | 38,425 | ||||||
Fate Therapeutics, Inc.* | 5,460 | 142,724 | ||||||
FibroGen, Inc.* | 5,744 | 71,455 | ||||||
Foghorn Therapeutics, Inc.*(b) | 1,319 | 13,111 | ||||||
Forma Therapeutics Holdings, Inc.* | 2,376 | 31,838 | ||||||
Gelesis Holdings, Inc.* | 649 | 785 | ||||||
Generation Bio Co.* | 3,056 | 15,647 | ||||||
Geron Corp.* | 23,601 | 62,307 | ||||||
Global Blood Therapeutics, Inc.* | 4,093 | 277,915 | ||||||
Gossamer Bio, Inc.*(b) | 4,137 | 57,711 | ||||||
GreenLight Biosciences Holdings PBC* | 923 | 2,621 | ||||||
Halozyme Therapeutics, Inc.* | 8,914 | 363,067 | ||||||
Heron Therapeutics, Inc.* | 6,762 | 27,657 | ||||||
HilleVax, Inc.*(b) | 851 | 10,135 | ||||||
Humacyte, Inc.*(b) | 1,160 | 4,234 | ||||||
Icosavax, Inc.*(b) | 1,462 | 6,901 | ||||||
Ideaya Biosciences, Inc.* | 2,336 | 22,963 | ||||||
IGM Biosciences, Inc.*(b) | 656 | 12,733 | ||||||
Imago Biosciences, Inc.* | 1,728 | 25,108 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
ImmunityBio, Inc.*(b) | 5,377 | 21,508 | ||||||
ImmunoGen, Inc.* | 14,103 | 81,938 | ||||||
Immunovant, Inc.* | 2,631 | 13,550 | ||||||
Inhibrx, Inc.* | 1,918 | 34,025 | ||||||
Inovio Pharmaceuticals, Inc.* | 14,440 | 33,068 | ||||||
Insmed, Inc.* | 7,834 | 192,873 | ||||||
Instil Bio, Inc.* | 4,571 | 23,769 | ||||||
Intellia Therapeutics, Inc.* | 4,953 | 297,477 | ||||||
Intercept Pharmaceuticals, Inc.* | 1,607 | 27,914 | ||||||
Iovance Biotherapeutics, Inc.* | 9,904 | 106,171 | ||||||
Ironwood Pharmaceuticals, Inc.* | 8,978 | 96,603 | ||||||
iTeos Therapeutics, Inc.* | 1,545 | 34,268 | ||||||
IVERIC bio, Inc.* | 7,676 | 75,532 | ||||||
Janux Therapeutics, Inc.*(b) | 1,127 | 12,194 | ||||||
Jounce Therapeutics, Inc.* | 2,769 | 10,135 | ||||||
KalVista Pharmaceuticals, Inc.* | 1,609 | 26,500 | ||||||
Karuna Therapeutics, Inc.* | 1,928 | 491,756 | ||||||
Karyopharm Therapeutics, Inc.* | 5,005 | 25,325 | ||||||
Keros Therapeutics, Inc.* | 1,103 | 39,013 | ||||||
Kezar Life Sciences, Inc.* | 3,055 | 31,405 | ||||||
Kiniksa Pharmaceuticals Ltd., Class A* | 2,048 | 24,003 | ||||||
Kinnate Biopharma, Inc.* | 1,920 | 27,802 | ||||||
Kodiak Sciences, Inc.* | 2,190 | 21,922 | ||||||
Kronos Bio, Inc.* | 2,673 | 10,692 | ||||||
Krystal Biotech, Inc.* | 1,377 | 96,541 | ||||||
Kura Oncology, Inc.* | 4,168 | 57,768 | ||||||
Kymera Therapeutics, Inc.* | 2,484 | 70,223 | ||||||
Lexicon Pharmaceuticals, Inc.* | 4,786 | 13,162 | ||||||
Ligand Pharmaceuticals, Inc.* | 995 | 91,928 | ||||||
Lyell Immunopharma, Inc.*(b) | 11,366 | 76,152 | ||||||
MacroGenics, Inc.* | 3,961 | 15,725 | ||||||
Madrigal Pharmaceuticals, Inc.* | 837 | 60,364 | ||||||
MannKind Corp.* | 16,350 | 59,677 | ||||||
MeiraGTx Holdings plc* | 1,986 | 16,484 | ||||||
Mersana Therapeutics, Inc.* | 5,757 | 43,178 | ||||||
MiMedx Group, Inc.* | 7,412 | 26,164 | ||||||
Mirum Pharmaceuticals, Inc.* | 1,044 | 26,079 | ||||||
Monte Rosa Therapeutics, Inc.*(b) | 1,883 | 14,913 | ||||||
Morphic Holding, Inc.* | 1,691 | 46,536 | ||||||
Myriad Genetics, Inc.* | 5,223 | 116,682 | ||||||
Nkarta, Inc.* | 2,130 | 30,651 | ||||||
Nurix Therapeutics, Inc.* | 2,912 | 45,806 | ||||||
Nuvalent, Inc., Class A*(b) | 1,111 | 18,754 | ||||||
Ocugen, Inc.*(b) | 14,062 | 36,280 | ||||||
Organogenesis Holdings, Inc.* | 4,598 | 16,507 | ||||||
Outlook Therapeutics, Inc.*(b) | 7,782 | 8,716 | ||||||
Pardes Biosciences, Inc.* | 1,862 | 6,536 | ||||||
PepGen, Inc.* | 547 | 5,197 | ||||||
PMV Pharmaceuticals, Inc.* | 2,419 | 33,672 | ||||||
Point Biopharma Global, Inc.*(b) | 4,864 | 47,424 | ||||||
Praxis Precision Medicines, Inc.* | 2,486 | 7,756 | ||||||
Precigen, Inc.* | 6,632 | 14,657 | ||||||
Prometheus Biosciences, Inc.* | 1,921 | 100,488 | ||||||
Protagonist Therapeutics, Inc.* | 3,023 | 26,361 | ||||||
Prothena Corp. plc* | 2,330 | 64,238 | ||||||
PTC Therapeutics, Inc.* | 4,615 | 230,473 | ||||||
Rallybio Corp.*(b) | 1,047 | 11,569 | ||||||
RAPT Therapeutics, Inc.* | 1,707 | 45,594 | ||||||
Recursion Pharmaceuticals, Inc., Class A* | 8,883 | 93,360 | ||||||
REGENXBIO, Inc.* | 2,639 | 77,851 | ||||||
Relay Therapeutics, Inc.* | 5,026 | 115,447 | ||||||
Replimune Group, Inc.* | 1,983 | 37,796 | ||||||
REVOLUTION Medicines, Inc.* | 4,140 | 86,236 | ||||||
Rigel Pharmaceuticals, Inc.* | 11,337 | 16,099 | ||||||
Rocket Pharmaceuticals, Inc.* | 2,875 | 44,304 | ||||||
Sage Therapeutics, Inc.* | 3,421 | 128,835 | ||||||
Sana Biotechnology, Inc.*(b) | 5,846 | 39,811 | ||||||
Sangamo Therapeutics, Inc.* | 7,868 | 42,487 | ||||||
Seres Therapeutics, Inc.* | 4,629 | 23,793 | ||||||
Sorrento Therapeutics, Inc.*(b) | 24,976 | 51,201 | ||||||
SpringWorks Therapeutics, Inc.* | 2,281 | 63,343 | ||||||
Stoke Therapeutics, Inc.* | 1,474 | 22,198 | ||||||
Sutro Biopharma, Inc.* | 2,891 | 16,363 | ||||||
Syndax Pharmaceuticals, Inc.* | 3,400 | 80,274 | ||||||
Talaris Therapeutics, Inc.* | 1,474 | 4,879 | ||||||
Tango Therapeutics, Inc.*(b) | 3,064 | 12,562 | ||||||
Tenaya Therapeutics, Inc.* | 1,837 | 8,064 | ||||||
TG Therapeutics, Inc.* | 8,749 | 62,380 | ||||||
Travere Therapeutics, Inc.* | 4,000 | 107,040 | ||||||
Twist Bioscience Corp.* | 3,687 | 147,922 | ||||||
Tyra Biosciences, Inc.*(b) | 863 | 5,704 | ||||||
Vanda Pharmaceuticals, Inc.* | 3,647 | 38,585 | ||||||
Vaxart, Inc.*(b) | 8,136 | 25,222 | ||||||
Vaxcyte, Inc.* | 3,463 | 90,592 | ||||||
VBI Vaccines, Inc.* | 12,666 | 11,344 | ||||||
Vera Therapeutics, Inc.*(b) | 912 | 19,818 | ||||||
Veracyte, Inc.*(b) | 4,707 | 96,023 | ||||||
Vericel Corp.* | 3,099 | 77,320 | ||||||
Verve Therapeutics, Inc.*(b) | 2,427 | 93,100 | ||||||
Vir Biotechnology, Inc.* | 4,764 | 113,145 | ||||||
Viridian Therapeutics, Inc.* | 1,695 | 37,646 | ||||||
VistaGen Therapeutics, Inc.*(b) | 12,797 | 2,355 | ||||||
Xencor, Inc.* | 3,770 | 99,490 | ||||||
Y-mAbs Therapeutics, Inc.* | 2,412 | 38,785 | ||||||
Zentalis Pharmaceuticals, Inc.* | 2,523 | 67,642 | ||||||
12,254,639 | ||||||||
Building Products - 0.9% | ||||||||
AAON, Inc. | 2,882 | 165,657 | ||||||
American Woodmark Corp.* | 1,085 | 56,236 | ||||||
Apogee Enterprises, Inc. | 1,460 | 59,626 | ||||||
Caesarstone Ltd. | 1,487 | 15,153 | ||||||
CSW Industrials, Inc. | 986 | 124,828 | ||||||
Gibraltar Industries, Inc.* | 2,163 | 90,522 | ||||||
Griffon Corp. | 3,026 | 94,865 | ||||||
Insteel Industries, Inc. | 1,230 | 35,547 | ||||||
Janus International Group, Inc.* | 5,366 | 55,431 | ||||||
JELD-WEN Holding, Inc.* | 5,663 | 63,142 | ||||||
Masonite International Corp.* | 1,481 | 121,175 | ||||||
PGT Innovations, Inc.* | 3,873 | 81,023 | ||||||
Quanex Building Products Corp. | 2,175 | 48,502 | ||||||
Resideo Technologies, Inc.* | 9,501 | 197,811 | ||||||
Simpson Manufacturing Co., Inc. | 2,848 | 263,839 | ||||||
UFP Industries, Inc. | 3,999 | 317,481 | ||||||
View, Inc.* | 7,348 | 13,079 | ||||||
Zurn Elkay Water Solutions Corp. | 8,158 | 224,998 | ||||||
2,028,915 | ||||||||
Capital Markets - 1.1% | ||||||||
Artisan Partners Asset Management, Inc., Class A | 3,949 | 133,318 | ||||||
AssetMark Financial Holdings, Inc.* | 1,415 | 27,366 | ||||||
Associated Capital Group, Inc., Class A | 112 | 4,434 | ||||||
B Riley Financial, Inc. | 1,333 | 66,343 | ||||||
Bakkt Holdings, Inc.*(b) | 3,735 | 9,674 | ||||||
BGC Partners, Inc., Class A | 20,993 | 84,392 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Blucora, Inc.* | 3,096 | 62,168 | ||||||
Brightsphere Investment Group, Inc. | 2,123 | 36,282 | ||||||
Cohen & Steers, Inc. | 1,669 | 119,133 | ||||||
Cowen, Inc., Class A | 1,726 | 66,365 | ||||||
Diamond Hill Investment Group, Inc. | 198 | 33,868 | ||||||
Donnelley Financial Solutions, Inc.* | 1,818 | 77,174 | ||||||
Federated Hermes, Inc., Class B | 5,768 | 196,458 | ||||||
Focus Financial Partners, Inc., Class A* | 3,811 | 149,201 | ||||||
GAMCO Investors, Inc., Class A | 314 | 6,352 | ||||||
GCM Grosvenor, Inc., Class A | 2,811 | 22,066 | ||||||
Hamilton Lane, Inc., Class A | 2,320 | 161,426 | ||||||
Houlihan Lokey, Inc. | 3,351 | 262,989 | ||||||
Manning & Napier, Inc. | 1,042 | 13,265 | ||||||
MarketWise, Inc.*(b) | 1,119 | 3,122 | ||||||
Moelis & Co., Class A | 4,237 | 176,513 | ||||||
Open Lending Corp., Class A* | 6,930 | 67,290 | ||||||
Oppenheimer Holdings, Inc., Class A | 577 | 20,945 | ||||||
Perella Weinberg Partners | 3,060 | 22,001 | ||||||
Piper Sandler Cos. | 1,141 | 130,724 | ||||||
PJT Partners, Inc., Class A | 1,576 | 109,091 | ||||||
Pzena Investment Management, Inc., Class A | 1,097 | 10,443 | ||||||
Sculptor Capital Management, Inc. | 1,724 | 16,257 | ||||||
Silvercrest Asset Management Group, Inc., Class A | 651 | 11,633 | ||||||
StepStone Group, Inc., Class A | 3,464 | 94,533 | ||||||
StoneX Group, Inc.* | 1,130 | 104,909 | ||||||
Value Line, Inc. | 61 | 5,003 | ||||||
Victory Capital Holdings, Inc., Class A | 1,084 | 29,030 | ||||||
Virtus Investment Partners, Inc. | 469 | 89,696 | ||||||
WisdomTree Investments, Inc. | 8,950 | 44,840 | ||||||
2,468,304 | ||||||||
Chemicals - 1.6% | ||||||||
AdvanSix, Inc. | 1,789 | 64,869 | ||||||
American Vanguard Corp. | 1,919 | 38,246 | ||||||
Amyris, Inc.*(b) | 12,933 | 38,023 | ||||||
Aspen Aerogels, Inc.* | 1,799 | 23,405 | ||||||
Avient Corp. | 5,980 | 262,103 | ||||||
Balchem Corp. | 2,093 | 275,899 | ||||||
Cabot Corp. | 3,654 | 262,978 | ||||||
Chase Corp. | 496 | 43,727 | ||||||
Danimer Scientific, Inc.*(b) | 5,954 | 26,495 | ||||||
Diversey Holdings Ltd.* | 5,135 | 31,478 | ||||||
Ecovyst, Inc.* | 4,204 | 38,845 | ||||||
FutureFuel Corp. | 1,697 | 12,371 | ||||||
GCP Applied Technologies, Inc.* | 3,270 | 102,743 | ||||||
Hawkins, Inc. | 1,273 | 48,781 | ||||||
HB Fuller Co. | 3,487 | 226,167 | ||||||
Ingevity Corp.* | 2,556 | 179,278 | ||||||
Innospec, Inc. | 1,626 | 151,966 | ||||||
Intrepid Potash, Inc.* | 731 | 34,160 | ||||||
Koppers Holdings, Inc. | 1,350 | 30,821 | ||||||
Kronos Worldwide, Inc. | 1,455 | 18,740 | ||||||
Livent Corp.* | 10,647 | 342,620 | ||||||
LSB Industries, Inc.* | 2,084 | 32,886 | ||||||
Mativ Holdings, Inc. | 3,573 | 84,394 | ||||||
Minerals Technologies, Inc. | 2,154 | 125,492 | ||||||
Origin Materials, Inc.*(b) | 6,989 | 43,681 | ||||||
Orion Engineered Carbons SA | 3,975 | 67,019 | ||||||
Perimeter Solutions SA* | 8,004 | 78,039 | ||||||
PureCycle Technologies, Inc.*(b) | 6,981 | 63,737 | ||||||
Quaker Chemical Corp. | 890 | 155,145 | ||||||
Rayonier Advanced Materials, Inc.* | 4,056 | 18,333 | ||||||
Sensient Technologies Corp. | 2,755 | 219,491 | ||||||
Stepan Co. | 1,404 | 146,339 | ||||||
Tredegar Corp. | 1,786 | 18,235 | ||||||
Trinseo plc | 2,375 | 63,009 | ||||||
Tronox Holdings plc, Class A | 7,687 | 112,461 | ||||||
Valhi, Inc. | 159 | 5,555 | ||||||
3,487,531 | ||||||||
Commercial Services & Supplies - 1.1% | ||||||||
ABM Industries, Inc. | 4,405 | 204,392 | ||||||
ACCO Brands Corp. | 6,218 | 36,873 | ||||||
ACV Auctions, Inc., Class A* | 7,407 | 63,034 | ||||||
Aris Water Solution, Inc., Class A | 1,447 | 24,599 | ||||||
Brady Corp., Class A | 3,086 | 143,622 | ||||||
BrightView Holdings, Inc.* | 2,918 | 29,530 | ||||||
Brink's Co. (The) | 3,049 | 168,549 | ||||||
Casella Waste Systems, Inc., Class A* | 3,279 | 268,648 | ||||||
Cimpress plc* | 1,159 | 38,919 | ||||||
CompX International, Inc. | 105 | 2,517 | ||||||
CoreCivic, Inc., REIT* | 7,929 | 75,563 | ||||||
Deluxe Corp. | 2,843 | 54,699 | ||||||
Ennis, Inc. | 1,670 | 35,454 | ||||||
GEO Group, Inc. (The)* | 7,778 | 63,624 | ||||||
Harsco Corp.* | 5,159 | 29,252 | ||||||
Healthcare Services Group, Inc. | 4,869 | 68,507 | ||||||
Heritage-Crystal Clean, Inc.* | 1,030 | 33,547 | ||||||
HNI Corp. | 2,776 | 88,832 | ||||||
Interface, Inc. | 3,848 | 42,982 | ||||||
KAR Auction Services, Inc.* | 7,921 | 115,647 | ||||||
Kimball International, Inc., Class B | 2,375 | 18,169 | ||||||
Li-Cycle Holdings Corp.*(b) | 8,688 | 62,640 | ||||||
Matthews International Corp., Class A | 2,008 | 50,220 | ||||||
MillerKnoll, Inc. | 4,993 | 138,206 | ||||||
Montrose Environmental Group, Inc.* | 1,805 | 72,579 | ||||||
NL Industries, Inc. | 550 | 4,846 | ||||||
Pitney Bowes, Inc. | 11,376 | 32,877 | ||||||
Quad/Graphics, Inc.* | 2,289 | 7,233 | ||||||
SP Plus Corp.* | 1,525 | 50,539 | ||||||
Steelcase, Inc., Class A | 5,661 | 63,290 | ||||||
UniFirst Corp. | 984 | 177,376 | ||||||
Viad Corp.* | 1,335 | 50,970 | ||||||
VSE Corp. | 697 | 29,169 | ||||||
2,346,904 | ||||||||
Communications Equipment - 0.6% | ||||||||
ADTRAN Holdings, Inc. | 4,621 | 107,392 | ||||||
Aviat Networks, Inc.* | 725 | 22,693 | ||||||
Calix, Inc.* | 3,729 | 219,452 | ||||||
Cambium Networks Corp.* | 754 | 14,673 | ||||||
Casa Systems, Inc.* | 2,325 | 9,021 | ||||||
Clearfield, Inc.* | 760 | 88,244 | ||||||
CommScope Holding Co., Inc.* | 13,473 | 152,245 | ||||||
Comtech Telecommunications Corp. | 1,700 | 19,193 | ||||||
Digi International, Inc.* | 2,245 | 74,332 | ||||||
DZS, Inc.* | 1,145 | 15,240 | ||||||
Extreme Networks, Inc.* | 8,396 | 120,315 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Harmonic, Inc.* | 6,046 | 68,078 | ||||||
Infinera Corp.*(b) | 12,436 | 68,149 | ||||||
Inseego Corp.* | 5,661 | 15,285 | ||||||
NETGEAR, Inc.* | 1,860 | 43,877 | ||||||
NetScout Systems, Inc.* | 4,637 | 147,178 | ||||||
Ondas Holdings, Inc.*(b) | 2,246 | 10,601 | ||||||
Ribbon Communications, Inc.* | 4,750 | 16,672 | ||||||
Viavi Solutions, Inc.* | 14,953 | 210,538 | ||||||
1,423,178 | ||||||||
Construction & Engineering - 1.0% | ||||||||
Ameresco, Inc., Class A* | 2,089 | 143,828 | ||||||
API Group Corp.* | 13,593 | 211,371 | ||||||
Arcosa, Inc. | 3,183 | 186,046 | ||||||
Argan, Inc. | 921 | 31,857 | ||||||
Comfort Systems USA, Inc. | 2,328 | 233,591 | ||||||
Concrete Pumping Holdings, Inc.* | 1,726 | 11,564 | ||||||
Construction Partners, Inc., Class A* | 2,620 | 76,661 | ||||||
Dycom Industries, Inc.* | 1,898 | 212,804 | ||||||
EMCOR Group, Inc. | 3,331 | 396,123 | ||||||
Fluor Corp.*(b) | 9,351 | 247,240 | ||||||
Granite Construction, Inc.(b) | 2,991 | 89,670 | ||||||
Great Lakes Dredge & Dock Corp.* | 4,294 | 41,094 | ||||||
IES Holdings, Inc.* | 577 | 17,535 | ||||||
Infrastructure and Energy Alternatives, Inc.* | 1,998 | 28,392 | ||||||
MYR Group, Inc.* | 1,099 | 102,141 | ||||||
Northwest Pipe Co.* | 642 | 20,326 | ||||||
NV5 Global, Inc.* | 888 | 124,995 | ||||||
Primoris Services Corp. | 3,485 | 70,641 | ||||||
Sterling Infrastructure, Inc.* | 1,923 | 48,633 | ||||||
Tutor Perini Corp.* | 2,763 | 18,733 | ||||||
2,313,245 | ||||||||
Construction Materials - 0.1% | ||||||||
Summit Materials, Inc., Class A* | 7,791 | 221,420 | ||||||
United States Lime & Minerals, Inc. | 133 | 13,671 | ||||||
235,091 | ||||||||
Consumer Finance - 0.5% | ||||||||
Atlanticus Holdings Corp.* | 282 | 8,029 | ||||||
Bread Financial Holdings, Inc. | 3,290 | 126,435 | ||||||
Consumer Portfolio Services, Inc.* | 940 | 10,942 | ||||||
Curo Group Holdings Corp. | 1,444 | 9,530 | ||||||
Encore Capital Group, Inc.* | 1,578 | 86,285 | ||||||
Enova International, Inc.* | 2,092 | 73,094 | ||||||
EZCORP, Inc., Class A* | 3,283 | 28,726 | ||||||
FirstCash Holdings, Inc. | 2,535 | 197,629 | ||||||
Green Dot Corp., Class A* | 3,190 | 64,725 | ||||||
LendingClub Corp.* | 6,648 | 86,889 | ||||||
LendingTree, Inc.* | 689 | 21,008 | ||||||
Moneylion, Inc.*(b) | 9,495 | 13,578 | ||||||
Navient Corp. | 7,629 | 117,410 | ||||||
Nelnet, Inc., Class A | 980 | 82,555 | ||||||
NerdWallet, Inc., Class A*(b) | 1,683 | 17,486 | ||||||
Oportun Financial Corp.* | 1,828 | 9,341 | ||||||
OppFi, Inc.*(b) | 885 | 2,398 | ||||||
PRA Group, Inc.* | 2,607 | 96,303 | ||||||
PROG Holdings, Inc.* | 3,557 | 65,947 | ||||||
Regional Management Corp. | 504 | 16,980 | ||||||
Sunlight Financial Holdings, Inc.*(b) | 1,597 | 4,887 | ||||||
World Acceptance Corp.*(b) | 267 | 31,036 | ||||||
1,171,213 | ||||||||
Containers & Packaging - 0.2% | ||||||||
Cryptyde, Inc.*(b) | 1,207 | 950 | ||||||
Greif, Inc., Class A | 1,697 | 113,784 | ||||||
Greif, Inc., Class B | 354 | 23,106 | ||||||
Myers Industries, Inc. | 2,383 | 46,039 | ||||||
O-I Glass, Inc.* | 10,225 | 133,027 | ||||||
Pactiv Evergreen, Inc. | 2,839 | 31,513 | ||||||
Ranpak Holdings Corp.* | 2,855 | 15,103 | ||||||
TriMas Corp. | 2,783 | 76,588 | ||||||
440,110 | ||||||||
Distributors - 0.0%(d) | ||||||||
Funko, Inc., Class A* | 2,092 | 46,589 | ||||||
Weyco Group, Inc. | 389 | 9,958 | ||||||
56,547 | ||||||||
Diversified Consumer Services - 0.7% | ||||||||
2U, Inc.*(b) | 4,906 | 34,931 | ||||||
Adtalem Global Education, Inc.*(b) | 2,948 | 111,110 | ||||||
American Public Education, Inc.* | 1,231 | 12,716 | ||||||
Beachbody Co., Inc. (The)*(b) | 6,876 | 7,976 | ||||||
Carriage Services, Inc. | 884 | 31,303 | ||||||
Chegg, Inc.* | 8,171 | 160,805 | ||||||
Coursera, Inc.* | 7,408 | 85,192 | ||||||
Duolingo, Inc.* | 1,546 | 145,355 | ||||||
European Wax Center, Inc., Class A | 1,388 | 30,023 | ||||||
Frontdoor, Inc.* | 5,439 | 127,708 | ||||||
Graham Holdings Co., Class B | 247 | 139,661 | ||||||
Laureate Education, Inc., Class A | 7,446 | 82,055 | ||||||
Nerdy, Inc.* | 3,562 | 10,900 | ||||||
OneSpaWorld Holdings Ltd.* | 4,360 | 38,412 | ||||||
Perdoceo Education Corp.* | 4,485 | 51,936 | ||||||
PowerSchool Holdings, Inc., Class A* | 2,995 | 53,910 | ||||||
Rover Group, Inc.*(b) | 6,093 | 23,214 | ||||||
StoneMor, Inc.*(b) | 1,799 | 6,189 | ||||||
Strategic Education, Inc. | 1,511 | 97,762 | ||||||
Stride, Inc.*(b) | 2,667 | 101,719 | ||||||
Udemy, Inc.* | 4,740 | 70,436 | ||||||
Universal Technical Institute, Inc.* | 2,129 | 14,605 | ||||||
Vivint Smart Home, Inc.* | 6,236 | 39,037 | ||||||
WW International, Inc.* | 3,564 | 18,604 | ||||||
1,495,559 | ||||||||
Diversified Financial Services - 0.2% | ||||||||
Alerus Financial Corp. | 996 | 23,665 | ||||||
A-Mark Precious Metals, Inc. | 1,188 | 36,721 | ||||||
Banco Latinoamericano de Comercio Exterior SA, Class E | 1,807 | 26,382 | ||||||
Cannae Holdings, Inc.* | 4,965 | 107,294 | ||||||
Compass Diversified Holdings | 3,979 | 83,002 | ||||||
Jackson Financial, Inc., Class A | 4,963 | 155,144 | ||||||
SWK Holdings Corp.* | 234 | 4,090 | ||||||
436,298 | ||||||||
Diversified Telecommunication Services - 0.4% | ||||||||
Anterix, Inc.* | 797 | 33,833 | ||||||
ATN International, Inc. | 718 | 33,638 | ||||||
Bandwidth, Inc., Class A* | 1,523 | 23,606 | ||||||
Charge Enterprises, Inc.*(b) | 7,104 | 17,263 | ||||||
Cogent Communications Holdings, Inc. | 2,825 | 150,431 | ||||||
Consolidated Communications Holdings, Inc.* | 4,879 | 28,005 | ||||||
EchoStar Corp., Class A* | 2,316 | 42,638 | ||||||
Globalstar, Inc.*(b) | 44,942 | 89,884 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
IDT Corp., Class B* | 954 | 24,394 | ||||||
Iridium Communications, Inc.* | 8,368 | 371,456 | ||||||
Liberty Latin America Ltd., Class A* | 2,542 | 17,794 | ||||||
Liberty Latin America Ltd., Class C* | 10,048 | 70,035 | ||||||
Ooma, Inc.* | 1,505 | 18,210 | ||||||
Radius Global Infrastructure, Inc.* | 4,907 | 67,569 | ||||||
Starry Group Holdings, Inc., Class A*(b) | 1,563 | 3,517 | ||||||
992,273 | ||||||||
Electric Utilities - 0.5% | ||||||||
ALLETE, Inc. | 3,766 | 222,872 | ||||||
MGE Energy, Inc. | 2,391 | 184,155 | ||||||
Otter Tail Corp. | 2,702 | 204,109 | ||||||
PNM Resources, Inc. | 5,614 | 266,272 | ||||||
Portland General Electric Co. | 5,879 | 303,768 | ||||||
Via Renewables, Inc.(b) | 798 | 6,807 | ||||||
1,187,983 | ||||||||
Electrical Equipment - 1.0% | ||||||||
Allied Motion Technologies, Inc. | 851 | 29,802 | ||||||
Array Technologies, Inc.* | 9,905 | 207,014 | ||||||
Atkore, Inc.* | 2,825 | 238,458 | ||||||
AZZ, Inc. | 1,612 | 68,687 | ||||||
Babcock & Wilcox Enterprises, Inc.* | 3,913 | 31,226 | ||||||
Blink Charging Co.*(b) | 2,427 | 51,865 | ||||||
Bloom Energy Corp., Class A* | 11,547 | 293,409 | ||||||
Encore Wire Corp. | 1,250 | 162,625 | ||||||
Energy Vault Holdings, Inc.* | 1,654 | 9,114 | ||||||
EnerSys | 2,719 | 169,584 | ||||||
Enovix Corp.* | 7,147 | 158,092 | ||||||
ESS Tech, Inc.*(b) | 5,301 | 23,536 | ||||||
Fluence Energy, Inc.*(b) | 2,361 | 47,102 | ||||||
FTC Solar, Inc.* | 2,721 | 11,265 | ||||||
FuelCell Energy, Inc.* | 24,272 | 101,700 | ||||||
GrafTech International Ltd. | 12,912 | 75,923 | ||||||
Heliogen, Inc.*(b) | 1,258 | 3,019 | ||||||
NuScale Power Corp.*(b) | 1,126 | 15,449 | ||||||
Powell Industries, Inc. | 600 | 14,796 | ||||||
Preformed Line Products Co. | 164 | 12,759 | ||||||
Shoals Technologies Group, Inc., Class A* | 7,347 | 193,740 | ||||||
Stem, Inc.* | 9,468 | 148,837 | ||||||
Thermon Group Holdings, Inc.* | 2,176 | 38,189 | ||||||
TPI Composites, Inc.* | 2,403 | 44,672 | ||||||
Vicor Corp.* | 1,446 | 102,868 | ||||||
2,253,731 | ||||||||
Electronic Equipment, Instruments & Components - 1.6% | ||||||||
908 Devices, Inc.* | 1,437 | 28,956 | ||||||
Advanced Energy Industries, Inc. | 2,468 | 221,602 | ||||||
Aeva Technologies, Inc.* | 6,365 | 19,604 | ||||||
AEye, Inc.*(b) | 1,736 | 2,673 | ||||||
Akoustis Technologies, Inc.* | 3,415 | 14,958 | ||||||
Arlo Technologies, Inc.* | 5,587 | 34,025 | ||||||
Badger Meter, Inc. | 1,921 | 181,899 | ||||||
Belden, Inc. | 2,885 | 188,910 | ||||||
Benchmark Electronics, Inc. | 2,294 | 62,970 | ||||||
Cepton, Inc.* | 513 | 903 | ||||||
CTS Corp. | 2,083 | 88,153 | ||||||
ePlus, Inc.* | 1,742 | 82,083 | ||||||
Evolv Technologies Holdings, Inc.*(b) | 5,523 | 12,537 | ||||||
Fabrinet* | 2,427 | 249,593 | ||||||
FARO Technologies, Inc.* | 1,202 | 40,327 | ||||||
Focus Universal, Inc.* | 1,163 | 12,502 | ||||||
Identiv, Inc.* | 1,449 | 21,619 | ||||||
Insight Enterprises, Inc.* | 2,064 | 188,072 | ||||||
Itron, Inc.* | 2,965 | 141,075 | ||||||
Kimball Electronics, Inc.* | 1,576 | 33,947 | ||||||
Knowles Corp.* | 5,887 | 89,188 | ||||||
Lightwave Logic, Inc.*(b) | 7,343 | 58,524 | ||||||
Methode Electronics, Inc. | 2,381 | 96,335 | ||||||
MicroVision, Inc.*(b) | 10,877 | 52,645 | ||||||
Mirion Technologies, Inc.* | 8,998 | 68,115 | ||||||
Napco Security Technologies, Inc.* | 1,930 | 57,244 | ||||||
nLight, Inc.* | 2,885 | 36,034 | ||||||
Novanta, Inc.* | 2,334 | 312,032 | ||||||
OSI Systems, Inc.* | 1,064 | 88,652 | ||||||
Ouster, Inc.* | 8,970 | 13,455 | ||||||
PAR Technology Corp.* | 1,742 | 61,318 | ||||||
PC Connection, Inc. | 740 | 36,763 | ||||||
Plexus Corp.* | 1,804 | 169,089 | ||||||
Rogers Corp.* | 1,234 | 309,142 | ||||||
Sanmina Corp.* | 3,943 | 191,314 | ||||||
ScanSource, Inc.* | 1,684 | 48,785 | ||||||
SmartRent, Inc.*(b) | 7,818 | 25,252 | ||||||
TTM Technologies, Inc.* | 6,658 | 104,730 | ||||||
Velodyne Lidar, Inc.* | 12,686 | 15,858 | ||||||
Vishay Intertechnology, Inc. | 8,688 | 170,893 | ||||||
Vishay Precision Group, Inc.* | 816 | 27,997 | ||||||
3,659,773 | ||||||||
Energy Equipment & Services - 1.1% | ||||||||
Archrock, Inc. | 8,894 | 65,727 | ||||||
Borr Drilling Ltd.*(b) | 8,829 | 35,404 | ||||||
Bristow Group, Inc.* | 1,554 | 45,082 | ||||||
Cactus, Inc., Class A | 3,871 | 154,646 | ||||||
ChampionX Corp. | 13,423 | 292,756 | ||||||
Diamond Offshore Drilling, Inc.* | 6,562 | 46,656 | ||||||
DMC Global, Inc.* | 1,234 | 27,543 | ||||||
Dril-Quip, Inc.* | 2,240 | 49,571 | ||||||
Expro Group Holdings NV* | 5,093 | 68,857 | ||||||
Helix Energy Solutions Group, Inc.* | 9,396 | 40,591 | ||||||
Helmerich & Payne, Inc. | 6,754 | 288,734 | ||||||
Liberty Energy, Inc., Class A* | 9,380 | 140,700 | ||||||
Nabors Industries Ltd.* | 595 | 78,843 | ||||||
National Energy Services Reunited Corp.* | 2,506 | 17,592 | ||||||
Newpark Resources, Inc.* | 5,568 | 16,036 | ||||||
NexTier Oilfield Solutions, Inc.* | 11,538 | 108,111 | ||||||
Noble Corp.* | 2,472 | 75,025 | ||||||
Oceaneering International, Inc.* | 6,571 | 58,153 | ||||||
Oil States International, Inc.*(b) | 4,006 | 19,629 | ||||||
Patterson-UTI Energy, Inc. | 14,093 | 209,986 | ||||||
ProPetro Holding Corp.* | 5,738 | 52,560 | ||||||
RPC, Inc. | 4,885 | 38,836 | ||||||
Select Energy Services, Inc., Class A* | 4,691 | 33,353 | ||||||
Solaris Oilfield Infrastructure, Inc., Class A | 2,074 | 22,192 | ||||||
TETRA Technologies, Inc.* | 8,178 | 32,548 | ||||||
Tidewater, Inc.* | 2,504 | 55,489 | ||||||
US Silica Holdings, Inc.* | 4,868 | 68,298 | ||||||
Valaris Ltd.* | 4,003 | 204,073 | ||||||
Weatherford International plc* | 4,644 | 130,682 | ||||||
2,477,673 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Entertainment - 0.2% | ||||||||
Chicken Soup For The Soul Entertainment, Inc.* | 1 | 8 | ||||||
Cinemark Holdings, Inc.*(b) | 7,160 | 100,799 | ||||||
IMAX Corp.* | 3,225 | 50,568 | ||||||
Liberty Media Corp.-Liberty Braves, Class A* | 658 | 18,490 | ||||||
Liberty Media Corp.-Liberty Braves, Class C* | 2,476 | 67,694 | ||||||
Lions Gate Entertainment Corp., Class A* | 3,830 | 37,725 | ||||||
Lions Gate Entertainment Corp., Class B* | 7,665 | 71,514 | ||||||
Madison Square Garden Entertainment Corp.*(b) | 1,691 | 93,952 | ||||||
Marcus Corp. (The)(b) | 1,563 | 25,149 | ||||||
Playstudios, Inc.* | 5,206 | 18,846 | ||||||
Reservoir Media, Inc.*(b) | 1,344 | 8,803 | ||||||
Skillz, Inc.*(b) | 20,078 | 26,704 | ||||||
520,252 | ||||||||
Equity Real Estate Investment Trusts (REITs) - 4.2% | ||||||||
Acadia Realty Trust | 6,120 | 97,492 | ||||||
Agree Realty Corp. | 4,881 | 367,563 | ||||||
Alexander & Baldwin, Inc. | 4,759 | 89,136 | ||||||
Alexander's, Inc. | 140 | 33,166 | ||||||
American Assets Trust, Inc. | 3,245 | 90,081 | ||||||
Apartment Investment and Management Co., Class A*(b) | 9,839 | 86,977 | ||||||
Apple Hospitality REIT, Inc. | 14,134 | 224,872 | ||||||
Armada Hoffler Properties, Inc. | 4,409 | 57,890 | ||||||
Ashford Hospitality Trust, Inc.* | 2,260 | 20,747 | ||||||
Bluerock Residential Growth REIT, Inc. | 1,883 | 50,182 | ||||||
Braemar Hotels & Resorts, Inc. | 4,497 | 23,159 | ||||||
Brandywine Realty Trust | 11,151 | 89,542 | ||||||
Broadstone Net Lease, Inc. | 11,120 | 212,837 | ||||||
BRT Apartments Corp. | 778 | 18,571 | ||||||
CareTrust REIT, Inc. | 6,343 | 136,628 | ||||||
CatchMark Timber Trust, Inc., Class A | 3,218 | 34,272 | ||||||
CBL & Associates Properties, Inc. | 1,749 | 50,616 | ||||||
Centerspace | 1,010 | 76,134 | ||||||
Chatham Lodging Trust* | 3,149 | 38,292 | ||||||
City Office REIT, Inc. | 2,804 | 32,386 | ||||||
Clipper Realty, Inc. | 786 | 6,610 | ||||||
Community Healthcare Trust, Inc. | 1,557 | 57,438 | ||||||
Corporate Office Properties Trust | 7,401 | 191,242 | ||||||
CTO Realty Growth, Inc. | 1,172 | 24,741 | ||||||
DiamondRock Hospitality Co.* | 13,780 | 120,299 | ||||||
Diversified Healthcare Trust | 15,627 | 22,815 | ||||||
Easterly Government Properties, Inc. | 5,989 | 107,503 | ||||||
Empire State Realty Trust, Inc., Class A | 9,076 | 63,260 | ||||||
Equity Commonwealth* | 7,089 | 186,512 | ||||||
Essential Properties Realty Trust, Inc. | 8,577 | 194,183 | ||||||
Farmland Partners, Inc. | 3,009 | 43,661 | ||||||
Four Corners Property Trust, Inc. | 5,266 | 141,603 | ||||||
Franklin Street Properties Corp. | 6,488 | 18,231 | ||||||
Getty Realty Corp. | 2,771 | 83,352 | ||||||
Gladstone Commercial Corp. | 2,516 | 47,980 | ||||||
Gladstone Land Corp. | 2,117 | 49,771 | ||||||
Global Medical REIT, Inc. | 4,009 | 43,458 | ||||||
Global Net Lease, Inc. | 6,846 | 94,269 | ||||||
Hersha Hospitality Trust* | 2,064 | 20,021 | ||||||
Independence Realty Trust, Inc. | 14,564 | 283,270 | ||||||
Indus Realty Trust, Inc. | 350 | 21,497 | ||||||
Industrial Logistics Properties Trust | 4,269 | 31,975 | ||||||
Innovative Industrial Properties, Inc. | 1,825 | 167,389 | ||||||
InvenTrust Properties Corp. | 4,451 | 116,883 | ||||||
iStar, Inc. | 4,353 | 59,941 | ||||||
Kite Realty Group Trust | 14,314 | 277,119 | ||||||
LTC Properties, Inc. | 2,558 | 114,829 | ||||||
LXP Industrial Trust(b) | 18,586 | 186,975 | ||||||
Macerich Co. (The) | 14,151 | 135,425 | ||||||
National Health Investors, Inc. | 2,900 | 189,979 | ||||||
Necessity Retail REIT, Inc. (The) | 8,780 | 65,499 | ||||||
NETSTREIT Corp.(b) | 3,162 | 62,165 | ||||||
NexPoint Residential Trust, Inc. | 1,491 | 78,755 | ||||||
Office Properties Income Trust | 3,148 | 55,310 | ||||||
One Liberty Properties, Inc.(b) | 1,072 | 25,889 | ||||||
Orion Office REIT, Inc. | 3,748 | 36,993 | ||||||
Outfront Media, Inc. | 9,620 | 170,274 | ||||||
Paramount Group, Inc. | 12,262 | 84,976 | ||||||
Pebblebrook Hotel Trust | 8,534 | 150,369 | ||||||
Phillips Edison & Co., Inc. | 7,513 | 245,450 | ||||||
Physicians Realty Trust | 14,781 | 246,251 | ||||||
Piedmont Office Realty Trust, Inc., Class A | 8,075 | 95,123 | ||||||
Plymouth Industrial REIT, Inc. | 2,476 | 50,188 | ||||||
Postal Realty Trust, Inc., Class A | 1,163 | 17,271 | ||||||
PotlatchDeltic Corp. | 4,488 | 208,333 | ||||||
Retail Opportunity Investments Corp. | 7,922 | 132,693 | ||||||
RLJ Lodging Trust | 10,802 | 130,272 | ||||||
RPT Realty | 5,484 | 52,811 | ||||||
Ryman Hospitality Properties, Inc.* | 3,536 | 290,730 | ||||||
Sabra Health Care REIT, Inc. | 15,164 | 227,005 | ||||||
Safehold, Inc. | 1,426 | 54,231 | ||||||
Saul Centers, Inc. | 775 | 34,325 | ||||||
Service Properties Trust | 10,790 | 73,804 | ||||||
SITE Centers Corp. | 12,796 | 165,836 | ||||||
STAG Industrial, Inc. | 11,852 | 365,042 | ||||||
Summit Hotel Properties, Inc. | 6,882 | 54,092 | ||||||
Sunstone Hotel Investors, Inc.* | 14,126 | 153,832 | ||||||
Tanger Factory Outlet Centers, Inc. | 6,661 | 102,713 | ||||||
Terreno Realty Corp. | 4,883 | 297,814 | ||||||
UMH Properties, Inc. | 3,254 | 58,702 | ||||||
Uniti Group, Inc. | 15,590 | 146,390 | ||||||
Universal Health Realty Income Trust | 843 | 42,900 | ||||||
Urban Edge Properties | 7,517 | 118,242 | ||||||
Urstadt Biddle Properties, Inc., Class A | 1,953 | 32,654 | ||||||
Veris Residential, Inc.* | 5,659 | 76,057 | ||||||
Washington REIT | 5,743 | 112,620 | ||||||
Whitestone REIT | 3,073 | 30,238 | ||||||
Xenia Hotels & Resorts, Inc.* | 7,515 | 119,188 | ||||||
9,397,811 | ||||||||
Food & Staples Retailing - 0.4% | ||||||||
Andersons, Inc. (The) | 2,105 | 77,948 | ||||||
Chefs' Warehouse, Inc. (The)* | 2,240 | 74,682 | ||||||
HF Foods Group, Inc.* | 2,376 | 12,094 | ||||||
Ingles Markets, Inc., Class A | 934 | 81,753 | ||||||
Natural Grocers by Vitamin Cottage, Inc. | 610 | 8,760 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
PriceSmart, Inc. | 1,617 | 102,307 | ||||||
Rite Aid Corp.* | 3,584 | 25,733 | ||||||
SpartanNash Co. | 2,347 | 71,419 | ||||||
Sprouts Farmers Market, Inc.* | 7,209 | 208,340 | ||||||
United Natural Foods, Inc.* | 3,819 | 168,341 | ||||||
Village Super Market, Inc., Class A | 556 | 12,221 | ||||||
Weis Markets, Inc. | 1,080 | 83,927 | ||||||
927,525 | ||||||||
Food Products - 0.9% | ||||||||
Alico, Inc. | 413 | 14,021 | ||||||
AppHarvest, Inc.*(b) | 4,692 | 13,513 | ||||||
B&G Foods, Inc.(b) | 4,467 | 96,755 | ||||||
Benson Hill, Inc.*(b) | 11,248 | 39,930 | ||||||
Beyond Meat, Inc.*(b) | 4,033 | 98,405 | ||||||
BRC, Inc., Class A* | 1,686 | 16,438 | ||||||
Calavo Growers, Inc. | 1,133 | 47,631 | ||||||
Cal-Maine Foods, Inc. | 2,491 | 133,543 | ||||||
Fresh Del Monte Produce, Inc. | 2,005 | 54,817 | ||||||
Hain Celestial Group, Inc. (The)* | 4,941 | 100,105 | ||||||
Hostess Brands, Inc.* | 9,059 | 209,988 | ||||||
J & J Snack Foods Corp. | 999 | 148,881 | ||||||
John B Sanfilippo & Son, Inc. | 586 | 47,308 | ||||||
Lancaster Colony Corp. | 1,277 | 215,238 | ||||||
Landec Corp.* | 1,721 | 18,070 | ||||||
Local Bounti Corp.*(b) | 1,232 | 4,583 | ||||||
Mission Produce, Inc.* | 2,632 | 42,375 | ||||||
Seneca Foods Corp., Class A* | 384 | 20,287 | ||||||
Simply Good Foods Co. (The)* | 5,916 | 180,734 | ||||||
Sovos Brands, Inc.* | 1,871 | 28,570 | ||||||
SunOpta, Inc.* | 6,416 | 63,711 | ||||||
Tattooed Chef, Inc.*(b) | 3,216 | 21,419 | ||||||
Tootsie Roll Industries, Inc. | 999 | 35,794 | ||||||
TreeHouse Foods, Inc.* | 3,341 | 155,691 | ||||||
Utz Brands, Inc. | 4,317 | 71,921 | ||||||
Vital Farms, Inc.* | 1,962 | 25,408 | ||||||
Whole Earth Brands, Inc.* | 2,670 | 13,644 | ||||||
1,918,780 | ||||||||
Gas Utilities - 0.9% | ||||||||
Brookfield Infrastructure Corp., Class A(b) | 6,433 | 306,211 | ||||||
Chesapeake Utilities Corp. | 1,144 | 144,487 | ||||||
New Jersey Resources Corp. | 6,324 | 279,141 | ||||||
Northwest Natural Holding Co. | 2,240 | 106,646 | ||||||
ONE Gas, Inc. | 3,533 | 276,528 | ||||||
South Jersey Industries, Inc. | 8,069 | 273,136 | ||||||
Southwest Gas Holdings, Inc. | 4,337 | 337,635 | ||||||
Spire, Inc. | 3,349 | 234,062 | ||||||
1,957,846 | ||||||||
Health Care Equipment & Supplies - 2.9% | ||||||||
Alphatec Holdings, Inc.* | 4,629 | 35,134 | ||||||
AngioDynamics, Inc.* | 2,444 | 54,110 | ||||||
Artivion, Inc.* | 2,558 | 56,685 | ||||||
AtriCure, Inc.* | 2,994 | 136,586 | ||||||
Atrion Corp. | 90 | 54,356 | ||||||
Avanos Medical, Inc.* | 3,097 | 76,279 | ||||||
Axogen, Inc.* | 2,664 | 24,962 | ||||||
Axonics, Inc.* | 3,085 | 222,891 | ||||||
BioLife Solutions, Inc.* | 2,215 | 52,296 | ||||||
Bioventus, Inc., Class A*(b) | 2,076 | 15,176 | ||||||
Butterfly Network, Inc.*(b) | 8,732 | 54,400 | ||||||
Cardiovascular Systems, Inc.* | 2,608 | 34,452 | ||||||
Cerus Corp.* | 11,337 | 46,595 | ||||||
CONMED Corp. | 1,854 | 164,209 | ||||||
CryoPort, Inc.* | 2,926 | 95,563 | ||||||
Cue Health, Inc.* | 7,080 | 23,576 | ||||||
Cutera, Inc.* | 1,089 | 52,000 | ||||||
Embecta Corp. | 3,768 | 120,275 | ||||||
Figs, Inc., Class A* | 8,377 | 96,838 | ||||||
Glaukos Corp.* | 3,006 | 145,941 | ||||||
Haemonetics Corp.* | 3,336 | 250,300 | ||||||
Heska Corp.* | 634 | 57,738 | ||||||
Inari Medical, Inc.* | 3,170 | 219,840 | ||||||
Inogen, Inc.* | 1,510 | 43,231 | ||||||
Inspire Medical Systems, Inc.*(b) | 1,788 | 342,384 | ||||||
Integer Holdings Corp.* | 2,164 | 136,483 | ||||||
iRadimed Corp. | 468 | 15,701 | ||||||
iRhythm Technologies, Inc.* | 1,961 | 289,149 | ||||||
Lantheus Holdings, Inc.* | 4,489 | 353,733 | ||||||
LeMaitre Vascular, Inc. | 1,280 | 63,206 | ||||||
LivaNova plc* | 3,527 | 198,394 | ||||||
Meridian Bioscience, Inc.* | 2,823 | 92,002 | ||||||
Merit Medical Systems, Inc.* | 3,672 | 217,493 | ||||||
Mesa Laboratories, Inc. | 332 | 56,726 | ||||||
Nano-X Imaging Ltd.* | 2,761 | 36,749 | ||||||
Neogen Corp.*(b) | 7,110 | 148,599 | ||||||
Nevro Corp.* | 2,292 | 103,873 | ||||||
NuVasive, Inc.* | 3,440 | 146,234 | ||||||
Omnicell, Inc.* | 2,886 | 295,209 | ||||||
OraSure Technologies, Inc.* | 4,800 | 19,632 | ||||||
Orthofix Medical, Inc.* | 1,273 | 25,333 | ||||||
OrthoPediatrics Corp.* | 945 | 46,390 | ||||||
Outset Medical, Inc.* | 3,148 | 57,577 | ||||||
Owlet, Inc.*(b) | 1,083 | 1,754 | ||||||
Paragon 28, Inc.*(b) | 3,030 | 53,177 | ||||||
PROCEPT BioRobotics Corp.* | 1,682 | 68,087 | ||||||
Pulmonx Corp.* | 2,247 | 41,277 | ||||||
RxSight, Inc.* | 1,353 | 16,926 | ||||||
SeaSpine Holdings Corp.* | 2,329 | 14,906 | ||||||
Senseonics Holdings, Inc.*(b) | 30,092 | 53,564 | ||||||
Shockwave Medical, Inc.* | 2,338 | 694,059 | ||||||
SI-BONE, Inc.* | 2,204 | 36,366 | ||||||
Sight Sciences, Inc.* | 1,414 | 9,856 | ||||||
Silk Road Medical, Inc.* | 2,271 | 90,454 | ||||||
STAAR Surgical Co.* | 3,150 | 297,959 | ||||||
Surmodics, Inc.* | 895 | 30,153 | ||||||
Tactile Systems Technology, Inc.* | 1,274 | 10,511 | ||||||
Tenon Medical, Inc.* | 214 | 430 | ||||||
TransMedics Group, Inc.* | 1,766 | 91,885 | ||||||
Treace Medical Concepts, Inc.* | 2,191 | 43,886 | ||||||
UFP Technologies, Inc.* | 448 | 41,660 | ||||||
Utah Medical Products, Inc. | 226 | 20,769 | ||||||
Varex Imaging Corp.* | 2,538 | 53,526 | ||||||
Vicarious Surgical, Inc.*(b) | 3,584 | 13,368 | ||||||
ViewRay, Inc.* | 9,727 | 33,266 | ||||||
Zimvie, Inc.* | 1,367 | 20,806 | ||||||
Zynex, Inc. | 1,476 | 13,195 | ||||||
6,530,140 | ||||||||
Health Care Providers & Services - 2.1% | ||||||||
1Life Healthcare, Inc.* | 11,846 | 203,870 | ||||||
23andMe Holding Co.*(b) | 11,294 | 38,061 | ||||||
Accolade, Inc.* | 3,836 | 39,051 | ||||||
AdaptHealth Corp.* | 4,745 | 85,268 | ||||||
Addus HomeCare Corp.* | 1,015 | 90,558 | ||||||
Agiliti, Inc.* | 1,803 | 28,956 | ||||||
AirSculpt Technologies, Inc. | 813 | 7,089 | ||||||
Alignment Healthcare, Inc.* | 5,541 | 84,279 | ||||||
AMN Healthcare Services, Inc.* | 2,939 | 301,659 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Apollo Medical Holdings, Inc.* | 2,557 | 110,283 | ||||||
ATI Physical Therapy, Inc.* | 4,916 | 4,424 | ||||||
Aveanna Healthcare Holdings, Inc.* | 2,926 | 5,325 | ||||||
Brookdale Senior Living, Inc.* | 12,218 | 53,759 | ||||||
Cano Health, Inc.* | 10,634 | 65,612 | ||||||
CareMax, Inc.* | 3,918 | 26,799 | ||||||
Castle Biosciences, Inc.* | 1,562 | 45,298 | ||||||
Clover Health Investments Corp.*(b) | 25,065 | 65,420 | ||||||
Community Health Systems, Inc.* | 8,217 | 21,857 | ||||||
CorVel Corp.* | 589 | 91,519 | ||||||
Covetrus, Inc.* | 6,953 | 145,109 | ||||||
Cross Country Healthcare, Inc.* | 2,404 | 61,014 | ||||||
DocGo, Inc.* | 5,290 | 53,958 | ||||||
Ensign Group, Inc. (The) | 3,540 | 301,962 | ||||||
Fulgent Genetics, Inc.* | 1,415 | 61,510 | ||||||
Hanger, Inc.* | 2,487 | 46,333 | ||||||
HealthEquity, Inc.* | 5,453 | 360,334 | ||||||
Hims & Hers Health, Inc.* | 7,973 | 50,708 | ||||||
Innovage Holding Corp.*(b) | 1,257 | 4,613 | ||||||
Invitae Corp.*(b) | 15,123 | 45,974 | ||||||
Joint Corp. (The)* | 924 | 16,854 | ||||||
LHC Group, Inc.* | 1,960 | 316,481 | ||||||
LifeStance Health Group, Inc.* | 4,747 | 29,859 | ||||||
ModivCare, Inc.* | 831 | 90,014 | ||||||
National HealthCare Corp. | 826 | 57,366 | ||||||
National Research Corp. | 940 | 32,063 | ||||||
Oncology Institute, Inc. (The)*(b) | 1,235 | 7,842 | ||||||
OPKO Health, Inc.* | 26,522 | 57,818 | ||||||
Option Care Health, Inc.* | 10,161 | 314,585 | ||||||
Owens & Minor, Inc. | 4,847 | 143,035 | ||||||
P3 Health Partners, Inc.*(b) | 1,672 | 8,226 | ||||||
Patterson Cos., Inc. | 5,727 | 159,726 | ||||||
Pediatrix Medical Group, Inc.* | 5,645 | 100,594 | ||||||
Pennant Group, Inc. (The)* | 1,715 | 26,874 | ||||||
PetIQ, Inc.* | 1,799 | 16,803 | ||||||
Privia Health Group, Inc.* | 2,848 | 113,322 | ||||||
Progyny, Inc.* | 4,916 | 197,672 | ||||||
R1 RCM, Inc.* | 8,878 | 193,984 | ||||||
RadNet, Inc.* | 3,215 | 64,589 | ||||||
Select Medical Holdings Corp. | 7,095 | 181,916 | ||||||
Sema4 Holdings Corp.*(b) | 10,387 | 10,595 | ||||||
Surgery Partners, Inc.*(b) | 2,606 | 71,743 | ||||||
US Physical Therapy, Inc. | 845 | 69,805 | ||||||
4,782,368 | ||||||||
Health Care Technology - 0.4% | ||||||||
Allscripts Healthcare Solutions, Inc.* | 7,484 | 127,228 | ||||||
American Well Corp., Class A*(b) | 15,068 | 68,559 | ||||||
Babylon Holdings Ltd., Class A*(b) | 7,155 | 5,102 | ||||||
Computer Programs and Systems, Inc.* | 937 | 28,588 | ||||||
Convey Health Solutions Holdings, Inc.* | 1,060 | 11,119 | ||||||
Evolent Health, Inc., Class A* | 5,385 | 197,899 | ||||||
Health Catalyst, Inc.* | 3,551 | 42,612 | ||||||
HealthStream, Inc.* | 1,588 | 35,142 | ||||||
Multiplan Corp.* | 24,824 | 87,381 | ||||||
NextGen Healthcare, Inc.* | 3,656 | 62,664 | ||||||
Nutex Health, Inc.*(b) | 2,549 | 6,857 | ||||||
OptimizeRx Corp.* | 1,162 | 18,441 | ||||||
Phreesia, Inc.* | 3,227 | 82,805 | ||||||
Schrodinger, Inc.* | 3,545 | 97,275 | ||||||
Sharecare, Inc.* | 4,033 | 7,380 | ||||||
Simulations Plus, Inc. | 1,025 | 61,551 | ||||||
940,603 | ||||||||
Hotels, Restaurants & Leisure - 1.6% | ||||||||
Accel Entertainment, Inc.* | 3,860 | 36,323 | ||||||
Bally's Corp.*(b) | 2,618 | 62,020 | ||||||
Biglari Holdings, Inc., Class B* | 48 | 6,473 | ||||||
BJ's Restaurants, Inc.* | 1,490 | 37,369 | ||||||
Bloomin' Brands, Inc. | 5,800 | 117,276 | ||||||
Bluegreen Vacations Holding Corp. | 843 | 17,568 | ||||||
Bowlero Corp.*(b) | 2,555 | 30,200 | ||||||
Brinker International, Inc.* | 2,854 | 69,952 | ||||||
Century Casinos, Inc.* | 1,791 | 13,200 | ||||||
Cheesecake Factory, Inc. (The) | 3,269 | 100,097 | ||||||
Chuy's Holdings, Inc.* | 1,239 | 27,667 | ||||||
Cracker Barrel Old Country Store, Inc. | 1,524 | 164,501 | ||||||
Dave & Buster's Entertainment, Inc.* | 2,820 | 116,579 | ||||||
Denny's Corp.* | 3,944 | 37,271 | ||||||
Dine Brands Global, Inc. | 1,038 | 69,131 | ||||||
El Pollo Loco Holdings, Inc.* | 1,282 | 11,602 | ||||||
Everi Holdings, Inc.* | 5,774 | 106,819 | ||||||
F45 Training Holdings, Inc.*(b) | 2,378 | 5,945 | ||||||
First Watch Restaurant Group, Inc.* | 651 | 10,917 | ||||||
Full House Resorts, Inc.* | 2,160 | 14,558 | ||||||
Golden Entertainment, Inc.* | 1,343 | 51,383 | ||||||
Hilton Grand Vacations, Inc.* | 5,891 | 240,235 | ||||||
Inspirato, Inc.* | 676 | 1,886 | ||||||
Inspired Entertainment, Inc.* | 1,455 | 15,234 | ||||||
International Game Technology plc | 6,546 | 117,435 | ||||||
Jack in the Box, Inc. | 1,390 | 111,005 | ||||||
Krispy Kreme, Inc.(b) | 4,718 | 55,437 | ||||||
Kura Sushi USA, Inc., Class A* | 304 | 22,727 | ||||||
Life Time Group Holdings, Inc.* | 2,761 | 32,718 | ||||||
Light & Wonder, Inc.* | 6,429 | 316,500 | ||||||
Lindblad Expeditions Holdings, Inc.* | 2,117 | 16,364 | ||||||
Monarch Casino & Resort, Inc.* | 873 | 52,720 | ||||||
NEOGAMES SA* | 863 | 13,799 | ||||||
Noodles & Co., Class A* | 2,687 | 12,763 | ||||||
ONE Group Hospitality, Inc. (The)* | 1,482 | 10,582 | ||||||
Papa John's International, Inc. | 2,170 | 175,401 | ||||||
Portillo's, Inc., Class A* | 1,306 | 28,758 | ||||||
RCI Hospitality Holdings, Inc. | 580 | 37,822 | ||||||
Red Rock Resorts, Inc., Class A | 3,505 | 133,961 | ||||||
Rush Street Interactive, Inc.*(b) | 3,990 | 19,312 | ||||||
Ruth's Hospitality Group, Inc. | 2,144 | 39,064 | ||||||
SeaWorld Entertainment, Inc.* | 2,969 | 149,192 | ||||||
Shake Shack, Inc., Class A* | 2,463 | 117,387 | ||||||
Sonder Holdings, Inc.* | 2,870 | 5,338 | ||||||
Sweetgreen, Inc., Class A* | 884 | 14,948 | ||||||
Target Hospitality Corp.*(b) | 2,006 | 26,660 | ||||||
Texas Roadhouse, Inc. | 4,492 | 398,710 | ||||||
Vacasa, Inc., Class A* | 2,687 | 10,748 | ||||||
Wingstop, Inc. | 1,969 | 224,190 | ||||||
Xponential Fitness, Inc., Class A* | 1,114 | 20,420 | ||||||
3,528,167 | ||||||||
Household Durables - 1.1% | ||||||||
Aterian, Inc.* | 4,002 | 9,125 | ||||||
Beazer Homes USA, Inc.* | 1,958 | 27,882 | ||||||
Cavco Industries, Inc.* | 603 | 141,108 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Century Communities, Inc. | 1,921 | 89,691 | ||||||
Dream Finders Homes, Inc., Class A* | 1,377 | 17,006 | ||||||
Ethan Allen Interiors, Inc. | 1,486 | 35,322 | ||||||
GoPro, Inc., Class A* | 8,590 | 52,313 | ||||||
Green Brick Partners, Inc.* | 1,877 | 45,724 | ||||||
Helen of Troy Ltd.* | 1,561 | 192,986 | ||||||
Hovnanian Enterprises, Inc., Class A* | 339 | 13,590 | ||||||
Installed Building Products, Inc. | 1,594 | 144,353 | ||||||
iRobot Corp.*(b) | 1,764 | 103,864 | ||||||
KB Home | 5,259 | 150,670 | ||||||
Landsea Homes Corp.* | 687 | 4,603 | ||||||
La-Z-Boy, Inc. | 2,823 | 74,499 | ||||||
Legacy Housing Corp.* | 574 | 9,810 | ||||||
LGI Homes, Inc.*(b) | 1,371 | 130,122 | ||||||
Lifetime Brands, Inc. | 840 | 7,493 | ||||||
Lovesac Co. (The)* | 914 | 28,197 | ||||||
M/I Homes, Inc.* | 1,805 | 78,048 | ||||||
MDC Holdings, Inc. | 3,758 | 116,799 | ||||||
Meritage Homes Corp.* | 2,386 | 186,943 | ||||||
Purple Innovation, Inc.*(b) | 3,607 | 10,316 | ||||||
Skyline Champion Corp.* | 3,505 | 198,628 | ||||||
Snap One Holdings Corp.*(b) | 1,183 | 13,238 | ||||||
Sonos, Inc.* | 8,384 | 126,095 | ||||||
Taylor Morrison Home Corp., Class A* | 7,591 | 190,610 | ||||||
Traeger, Inc.* | 2,104 | 5,555 | ||||||
Tri Pointe Homes, Inc.* | 6,745 | 116,891 | ||||||
Tupperware Brands Corp.* | 2,989 | 33,596 | ||||||
Universal Electronics, Inc.* | 795 | 17,673 | ||||||
Vizio Holding Corp., Class A*(b) | 4,458 | 47,790 | ||||||
Vuzix Corp.*(b) | 3,896 | 29,259 | ||||||
Weber, Inc., Class A(b) | 1,774 | 12,737 | ||||||
2,462,536 | ||||||||
Household Products - 0.2% | ||||||||
Central Garden & Pet Co.* | 648 | 25,868 | ||||||
Central Garden & Pet Co., Class A* | 2,679 | 101,159 | ||||||
Energizer Holdings, Inc. | 4,381 | 123,106 | ||||||
WD-40 Co. | 897 | 169,677 | ||||||
419,810 | ||||||||
Independent Power and Renewable Electricity Producers - 0.4% | ||||||||
Altus Power, Inc.* | 2,752 | 28,841 | ||||||
Clearway Energy, Inc., Class A | 2,288 | 78,890 | ||||||
Clearway Energy, Inc., Class C(b) | 5,389 | 199,932 | ||||||
Montauk Renewables, Inc.* | 4,231 | 75,100 | ||||||
Ormat Technologies, Inc. | 2,979 | 278,477 | ||||||
Sunnova Energy International, Inc.*(b) | 6,523 | 164,510 | ||||||
825,750 | ||||||||
Industrial Conglomerates - 0.0%(d) | ||||||||
Brookfield Business Corp., Class A(b) | 1,706 | 41,490 | ||||||
Insurance - 1.4% | ||||||||
Ambac Financial Group, Inc.* | 3,011 | 45,436 | ||||||
American Equity Investment Life Holding Co. | 5,119 | 194,522 | ||||||
AMERISAFE, Inc. | 1,254 | 59,966 | ||||||
Argo Group International Holdings Ltd. | 2,086 | 40,948 | ||||||
Bright Health Group, Inc.*(b) | 12,682 | 19,150 | ||||||
BRP Group, Inc., Class A* | 3,842 | 120,639 | ||||||
CNO Financial Group, Inc. | 7,555 | 139,088 | ||||||
Crawford & Co., Class A | 1,105 | 6,718 | ||||||
Donegal Group, Inc., Class A | 988 | 14,346 | ||||||
eHealth, Inc.* | 1,601 | 10,246 | ||||||
Employers Holdings, Inc. | 1,813 | 70,997 | ||||||
Enstar Group Ltd.* | 760 | 143,830 | ||||||
Genworth Financial, Inc., Class A* | 33,442 | 141,125 | ||||||
Goosehead Insurance, Inc., Class A* | 1,251 | 65,052 | ||||||
Greenlight Capital Re Ltd., Class A* | 1,717 | 13,547 | ||||||
HCI Group, Inc.(b) | 475 | 22,700 | ||||||
Hippo Holdings, Inc.* | 16,724 | 16,222 | ||||||
Horace Mann Educators Corp. | 2,733 | 97,760 | ||||||
Investors Title Co. | 86 | 12,672 | ||||||
James River Group Holdings Ltd. | 2,415 | 57,380 | ||||||
Kinsale Capital Group, Inc. | 1,422 | 360,591 | ||||||
Lemonade, Inc.*(b) | 2,646 | 58,530 | ||||||
MBIA, Inc.* | 3,155 | 37,198 | ||||||
Mercury General Corp. | 1,758 | 56,080 | ||||||
National Western Life Group, Inc., Class A | 150 | 28,547 | ||||||
NI Holdings, Inc.* | 556 | 7,300 | ||||||
Oscar Health, Inc., Class A* | 7,760 | 51,449 | ||||||
Palomar Holdings, Inc.* | 1,596 | 126,547 | ||||||
ProAssurance Corp. | 3,542 | 75,763 | ||||||
RLI Corp. | 2,565 | 281,534 | ||||||
Root, Inc., Class A*(b) | 509 | 6,307 | ||||||
Safety Insurance Group, Inc. | 935 | 84,197 | ||||||
Selective Insurance Group, Inc. | 3,921 | 311,406 | ||||||
Selectquote, Inc.* | 8,784 | 9,750 | ||||||
SiriusPoint Ltd.* | 6,053 | 27,057 | ||||||
Stewart Information Services Corp. | 1,763 | 89,278 | ||||||
Tiptree, Inc. | 1,564 | 18,690 | ||||||
Trean Insurance Group, Inc.* | 1,485 | 6,608 | ||||||
Trupanion, Inc.* | 2,563 | 180,897 | ||||||
United Fire Group, Inc. | 1,403 | 41,290 | ||||||
Universal Insurance Holdings, Inc. | 1,718 | 20,513 | ||||||
3,171,876 | ||||||||
Interactive Media & Services - 0.5% | ||||||||
Arena Group Holdings, Inc. (The)*(b) | 745 | 7,837 | ||||||
Bumble, Inc., Class A* | 5,668 | 141,984 | ||||||
Cargurus, Inc.* | 6,704 | 125,365 | ||||||
Cars.com, Inc.* | 4,551 | 58,025 | ||||||
DHI Group, Inc.* | 2,810 | 14,331 | ||||||
Eventbrite, Inc., Class A* | 5,065 | 36,012 | ||||||
EverQuote, Inc., Class A* | 1,274 | 11,020 | ||||||
fuboTV, Inc.*(b) | 11,704 | 42,369 | ||||||
Leafly Holdings, Inc.* | 287 | 454 | ||||||
MediaAlpha, Inc., Class A* | 1,561 | 13,034 | ||||||
Outbrain, Inc.*(b) | 2,625 | 11,576 | ||||||
QuinStreet, Inc.* | 3,410 | 40,954 | ||||||
Shutterstock, Inc. | 1,594 | 88,324 | ||||||
TrueCar, Inc.* | 6,096 | 13,289 | ||||||
Vimeo, Inc.* | 9,405 | 55,678 | ||||||
Vinco Ventures, Inc.*(b) | 12,057 | 11,695 | ||||||
Wejo Group Ltd.*(b) | 1,509 | 1,705 | ||||||
Yelp, Inc.* | 4,518 | 154,380 | ||||||
Ziff Davis, Inc.* | 3,001 | 231,917 | ||||||
ZipRecruiter, Inc., Class A* | 5,249 | 87,553 | ||||||
1,147,502 | ||||||||
Internet & Direct Marketing Retail - 0.3% | ||||||||
1-800-Flowers.com, Inc., Class A* | 1,767 | 15,338 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
1stdibs.com, Inc.* | 1,534 | 10,385 | ||||||
aka Brands Holding Corp.*(b) | 735 | 1,529 | ||||||
BARK, Inc.* | 3,386 | 7,856 | ||||||
Boxed, Inc.* | 760 | 806 | ||||||
CarParts.com, Inc.* | 3,337 | 21,624 | ||||||
ContextLogic, Inc., Class A*(b) | 37,388 | 48,604 | ||||||
Duluth Holdings, Inc., Class B* | 858 | 7,610 | ||||||
Groupon, Inc.*(b) | 1,416 | 14,033 | ||||||
Lands' End, Inc.* | 1,003 | 13,861 | ||||||
Liquidity Services, Inc.* | 1,623 | 28,386 | ||||||
Lulu's Fashion Lounge Holdings, Inc.*(b) | 384 | 2,450 | ||||||
Overstock.com, Inc.* | 2,799 | 73,054 | ||||||
PetMed Express, Inc. | 1,325 | 27,255 | ||||||
Porch Group, Inc.* | 5,302 | 11,399 | ||||||
Poshmark, Inc., Class A* | 3,019 | 32,666 | ||||||
Quotient Technology, Inc.* | 5,873 | 10,924 | ||||||
Qurate Retail, Inc., Series A | 23,002 | 71,306 | ||||||
RealReal, Inc. (The)*(b) | 5,593 | 11,969 | ||||||
Rent the Runway, Inc., Class A*(b) | 3,070 | 13,662 | ||||||
Revolve Group, Inc.* | 2,682 | 63,000 | ||||||
RumbleON, Inc., Class B* | 680 | 14,858 | ||||||
Stitch Fix, Inc., Class A* | 5,340 | 26,807 | ||||||
ThredUp, Inc., Class A* | 3,857 | 9,295 | ||||||
Vivid Seats, Inc., Class A(b) | 1,625 | 13,146 | ||||||
Xometry, Inc., Class A* | 2,219 | 108,753 | ||||||
660,576 | ||||||||
IT Services - 1.5% | ||||||||
AvidXchange Holdings, Inc.* | 9,631 | 75,025 | ||||||
BigCommerce Holdings, Inc., Series 1* | 4,213 | 70,231 | ||||||
Brightcove, Inc.* | 2,703 | 17,948 | ||||||
Cantaloupe, Inc.* | 3,838 | 24,448 | ||||||
Cass Information Systems, Inc. | 883 | 32,388 | ||||||
Cerberus Cyber Sentinel Corp.* | 3,001 | 8,163 | ||||||
Conduent, Inc.* | 11,153 | 45,616 | ||||||
Core Scientific, Inc.*(b) | 14,376 | 31,627 | ||||||
CSG Systems International, Inc. | 2,103 | 121,659 | ||||||
Cyxtera Technologies, Inc.*(b) | 2,798 | 17,739 | ||||||
DigitalOcean Holdings, Inc.*(b) | 5,014 | 211,039 | ||||||
Edgio, Inc.* | 9,021 | 33,197 | ||||||
EVERTEC, Inc. | 3,949 | 132,686 | ||||||
Evo Payments, Inc., Class A* | 3,107 | 103,525 | ||||||
ExlService Holdings, Inc.* | 2,128 | 356,887 | ||||||
Fastly, Inc., Class A* | 7,330 | 68,535 | ||||||
Flywire Corp.* | 3,632 | 90,292 | ||||||
Grid Dynamics Holdings, Inc.* | 3,192 | 64,510 | ||||||
Hackett Group, Inc. (The) | 1,770 | 36,338 | ||||||
I3 Verticals, Inc., Class A* | 1,447 | 33,802 | ||||||
IBEX Holdings Ltd.* | 371 | 6,259 | ||||||
Information Services Group, Inc. | 2,335 | 13,473 | ||||||
International Money Express, Inc.* | 2,135 | 47,824 | ||||||
Marqeta, Inc., Class A* | 28,521 | 222,179 | ||||||
Maximus, Inc. | 4,036 | 244,541 | ||||||
MoneyGram International, Inc.* | 6,161 | 63,458 | ||||||
Paya Holdings, Inc.* | 5,748 | 36,040 | ||||||
Payoneer Global, Inc.* | 14,222 | 94,150 | ||||||
Paysafe Ltd.* | 22,218 | 36,660 | ||||||
Perficient, Inc.* | 2,245 | 175,335 | ||||||
PFSweb, Inc.*(b) | 1,085 | 10,264 | ||||||
Priority Technology Holdings, Inc.* | 1,177 | 4,708 | ||||||
Rackspace Technology, Inc.* | 3,784 | 16,877 | ||||||
Remitly Global, Inc.* | 5,525 | 60,775 | ||||||
Repay Holdings Corp.* | 5,756 | 53,473 | ||||||
Sabre Corp.* | 21,425 | 154,046 | ||||||
SolarWinds Corp.* | 3,173 | 28,779 | ||||||
Squarespace, Inc., Class A* | 2,059 | 43,239 | ||||||
StoneCo Ltd., Class A* | 18,207 | 172,602 | ||||||
TTEC Holdings, Inc. | 1,239 | 64,862 | ||||||
Tucows, Inc., Class A*(b) | 651 | 30,590 | ||||||
Unisys Corp.* | 4,351 | 40,508 | ||||||
Verra Mobility Corp.*(b) | 9,599 | 153,008 | ||||||
3,349,305 | ||||||||
Leisure Products - 0.3% | ||||||||
Acushnet Holdings Corp. | 2,249 | 107,165 | ||||||
AMMO, Inc.*(b) | 5,741 | 21,873 | ||||||
Callaway Golf Co.* | 9,191 | 203,397 | ||||||
Clarus Corp.(b) | 1,896 | 28,762 | ||||||
Johnson Outdoors, Inc., Class A | 350 | 21,399 | ||||||
Latham Group, Inc.* | 2,888 | 16,490 | ||||||
Malibu Boats, Inc., Class A* | 1,362 | 81,761 | ||||||
Marine Products Corp. | 546 | 5,422 | ||||||
MasterCraft Boat Holdings, Inc.* | 1,201 | 28,932 | ||||||
Smith & Wesson Brands, Inc. | 2,984 | 39,687 | ||||||
Solo Brands, Inc., Class A*(b) | 1,445 | 5,997 | ||||||
Sturm Ruger & Co., Inc. | 1,133 | 59,199 | ||||||
Vista Outdoor, Inc.* | 3,671 | 103,229 | ||||||
723,313 | ||||||||
Life Sciences Tools & Services - 0.5% | ||||||||
AbCellera Biologics, Inc.* | 13,603 | 145,280 | ||||||
Absci Corp.*(b) | 3,461 | 11,664 | ||||||
Adaptive Biotechnologies Corp.* | 7,323 | 65,321 | ||||||
Akoya Biosciences, Inc.* | 1,036 | 11,810 | ||||||
Alpha Teknova, Inc.* | 413 | 1,863 | ||||||
Berkeley Lights, Inc.* | 3,670 | 13,469 | ||||||
Bionano Genomics, Inc.*(b) | 19,178 | 47,561 | ||||||
Codexis, Inc.* | 4,021 | 28,187 | ||||||
Cytek Biosciences, Inc.* | 7,501 | 87,387 | ||||||
Inotiv, Inc.* | 1,144 | 22,388 | ||||||
MaxCyte, Inc.* | 5,715 | 29,718 | ||||||
Medpace Holdings, Inc.* | 1,811 | 267,322 | ||||||
NanoString Technologies, Inc.* | 3,051 | 41,371 | ||||||
Nautilus Biotechnology, Inc.*(b) | 3,132 | 6,922 | ||||||
NeoGenomics, Inc.* | 8,158 | 81,988 | ||||||
Pacific Biosciences of California, Inc.*(b) | 14,838 | 86,951 | ||||||
Quanterix Corp.* | 2,230 | 20,850 | ||||||
Quantum-Si, Inc.*(b) | 6,000 | 18,720 | ||||||
Science 37 Holdings, Inc.* | 4,091 | 6,464 | ||||||
Seer, Inc.* | 3,389 | 34,229 | ||||||
Singular Genomics Systems, Inc.* | 3,663 | 9,780 | ||||||
SomaLogic, Inc.* | 9,831 | 36,178 | ||||||
1,075,423 | ||||||||
Machinery - 2.6% | ||||||||
Alamo Group, Inc. | 661 | 86,432 | ||||||
Albany International Corp., Class A | 2,075 | 182,994 | ||||||
Altra Industrial Motion Corp. | 4,270 | 162,046 | ||||||
Astec Industries, Inc. | 1,500 | 57,270 | ||||||
Barnes Group, Inc. | 3,216 | 99,857 | ||||||
Berkshire Grey, Inc.*(b) | 3,207 | 6,478 | ||||||
Blue Bird Corp.* | 1,148 | 13,627 | ||||||
Chart Industries, Inc.* | 2,412 | 467,590 | ||||||
CIRCOR International, Inc.* | 1,214 | 19,788 | ||||||
Columbus McKinnon Corp. | 1,839 | 56,329 | ||||||
Desktop Metal, Inc., Class A*(b) | 17,371 | 55,240 | ||||||
Douglas Dynamics, Inc. | 1,477 | 42,981 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Energy Recovery, Inc.* | 3,665 | 84,075 | ||||||
Enerpac Tool Group Corp. | 3,999 | 77,581 | ||||||
EnPro Industries, Inc. | 1,368 | 123,886 | ||||||
ESCO Technologies, Inc. | 1,692 | 137,780 | ||||||
Evoqua Water Technologies Corp.* | 7,729 | 271,133 | ||||||
Fathom Digital Manufacturing Corp.* | 664 | 2,523 | ||||||
Federal Signal Corp. | 3,925 | 156,490 | ||||||
Franklin Electric Co., Inc. | 3,029 | 263,069 | ||||||
Gorman-Rupp Co. (The) | 1,494 | 39,456 | ||||||
Greenbrier Cos., Inc. (The) | 2,092 | 59,643 | ||||||
Helios Technologies, Inc. | 2,138 | 116,778 | ||||||
Hillenbrand, Inc. | 4,771 | 198,808 | ||||||
Hillman Solutions Corp.* | 8,841 | 74,176 | ||||||
Hydrofarm Holdings Group, Inc.* | 2,869 | 9,755 | ||||||
Hyliion Holdings Corp.*(b) | 8,718 | 30,600 | ||||||
Hyster-Yale Materials Handling, Inc. | 713 | 20,770 | ||||||
Hyzon Motors, Inc.*(b) | 5,769 | 12,288 | ||||||
John Bean Technologies Corp.(b) | 2,077 | 214,471 | ||||||
Kadant, Inc. | 762 | 136,726 | ||||||
Kennametal, Inc. | 5,432 | 127,326 | ||||||
Lightning eMotors, Inc.*(b) | 2,573 | 7,307 | ||||||
Lindsay Corp. | 722 | 115,780 | ||||||
Luxfer Holdings plc | 1,836 | 30,202 | ||||||
Manitowoc Co., Inc. (The)* | 2,280 | 21,774 | ||||||
Markforged Holding Corp.* | 7,234 | 17,579 | ||||||
Microvast Holdings, Inc.*(b) | 11,202 | 27,557 | ||||||
Miller Industries, Inc. | 728 | 17,115 | ||||||
Mueller Industries, Inc. | 3,676 | 232,213 | ||||||
Mueller Water Products, Inc., Class A | 10,245 | 115,564 | ||||||
Nikola Corp.*(b) | 19,182 | 102,815 | ||||||
Omega Flex, Inc. | 215 | 21,719 | ||||||
Proterra, Inc.*(b) | 14,525 | 87,731 | ||||||
Proto Labs, Inc.* | 1,809 | 69,466 | ||||||
RBC Bearings, Inc.*(b) | 1,875 | 451,275 | ||||||
REV Group, Inc. | 2,288 | 26,358 | ||||||
Sarcos Technology and Robotics Corp.*(b) | 4,985 | 16,351 | ||||||
Shyft Group, Inc. (The) | 2,268 | 54,319 | ||||||
SPX Technologies, Inc.* | 2,909 | 165,987 | ||||||
Standex International Corp. | 784 | 70,881 | ||||||
Tennant Co. | 1,217 | 73,446 | ||||||
Terex Corp. | 4,477 | 148,726 | ||||||
Titan International, Inc.* | 3,361 | 47,155 | ||||||
Trinity Industries, Inc. | 5,485 | 133,724 | ||||||
Velo3D, Inc.*(b) | 3,705 | 15,968 | ||||||
Wabash National Corp. | 3,194 | 52,541 | ||||||
Watts Water Technologies, Inc., Class A | 1,798 | 249,059 | ||||||
Xos, Inc.*(b) | 3,596 | 5,466 | ||||||
5,786,044 | ||||||||
Marine - 0.2% | ||||||||
Costamare, Inc. | 3,538 | 39,909 | ||||||
Eagle Bulk Shipping, Inc. | 881 | 38,271 | ||||||
Eneti, Inc. | 1,504 | 12,588 | ||||||
Genco Shipping & Trading Ltd. | 2,409 | 33,027 | ||||||
Golden Ocean Group Ltd.(b) | 8,066 | 77,353 | ||||||
Matson, Inc. | 2,633 | 193,947 | ||||||
Safe Bulkers, Inc. | 4,814 | 15,357 | ||||||
410,452 | ||||||||
Media - 0.7% | ||||||||
AdTheorent Holding Co., Inc.* | 1,054 | 2,783 | ||||||
Advantage Solutions, Inc.* | 5,422 | 19,736 | ||||||
AMC Networks, Inc., Class A* | 1,987 | 53,232 | ||||||
Audacy, Inc.* | 7,844 | 4,327 | ||||||
Boston Omaha Corp., Class A* | 1,346 | 36,113 | ||||||
Cardlytics, Inc.* | 2,176 | 28,810 | ||||||
Clear Channel Outdoor Holdings, Inc.* | 23,985 | 38,376 | ||||||
Cumulus Media, Inc., Class A* | 1,214 | 11,314 | ||||||
Daily Journal Corp.* | 79 | 20,635 | ||||||
Entravision Communications Corp., Class A | 3,902 | 19,822 | ||||||
EW Scripps Co. (The), Class A* | 3,843 | 57,453 | ||||||
Gambling.com Group Ltd.*(b) | 569 | 4,495 | ||||||
Gannett Co., Inc.* | 9,461 | 21,949 | ||||||
Gray Television, Inc. | 5,556 | 106,120 | ||||||
iHeartMedia, Inc., Class A* | 7,919 | 70,083 | ||||||
Innovid Corp.*(b) | 1,472 | 5,402 | ||||||
Integral Ad Science Holding Corp.* | 2,509 | 20,398 | ||||||
John Wiley & Sons, Inc., Class A | 2,821 | 129,851 | ||||||
Loyalty Ventures, Inc.* | 1,318 | 2,781 | ||||||
Magnite, Inc.* | 8,598 | 64,743 | ||||||
PubMatic, Inc., Class A* | 2,740 | 53,622 | ||||||
Scholastic Corp. | 1,813 | 83,235 | ||||||
Sinclair Broadcast Group, Inc., Class A | 2,737 | 60,460 | ||||||
Stagwell, Inc.*(b) | 5,131 | 34,788 | ||||||
TechTarget, Inc.* | 1,801 | 116,885 | ||||||
TEGNA, Inc. | 14,638 | 313,253 | ||||||
Thryv Holdings, Inc.* | 1,670 | 42,719 | ||||||
Urban One, Inc.* | 545 | 2,976 | ||||||
Urban One, Inc., Class D* | 790 | 3,310 | ||||||
WideOpenWest, Inc.* | 3,521 | 62,674 | ||||||
1,492,345 | ||||||||
Metals & Mining - 1.0% | ||||||||
5E Advanced Materials, Inc.* | 2,122 | 31,830 | ||||||
Alpha Metallurgical Resources, Inc. | 1,175 | 184,651 | ||||||
Arconic Corp.* | 6,951 | 175,235 | ||||||
ATI, Inc.* | 8,155 | 244,079 | ||||||
Carpenter Technology Corp. | 3,140 | 106,666 | ||||||
Century Aluminum Co.* | 3,413 | 26,348 | ||||||
Coeur Mining, Inc.* | 18,302 | 50,514 | ||||||
Commercial Metals Co. | 7,950 | 322,055 | ||||||
Compass Minerals International, Inc. | 2,253 | 91,224 | ||||||
Constellium SE* | 8,153 | 108,598 | ||||||
Dakota Gold Corp.* | 3,337 | 11,379 | ||||||
Haynes International, Inc. | 803 | 31,871 | ||||||
Hecla Mining Co. | 35,136 | 138,436 | ||||||
Hycroft Mining Holding Corp.*(b) | 9,919 | 7,936 | ||||||
Kaiser Aluminum Corp. | 1,040 | 74,630 | ||||||
Materion Corp. | 1,340 | 115,655 | ||||||
Novagold Resources, Inc.* | 15,712 | 69,604 | ||||||
Olympic Steel, Inc. | 631 | 16,608 | ||||||
Piedmont Lithium, Inc.* | 1,141 | 69,772 | ||||||
PolyMet Mining Corp.* | 1,921 | 5,994 | ||||||
Ramaco Resources, Inc. | 1,471 | 15,504 | ||||||
Ryerson Holding Corp. | 1,089 | 31,037 | ||||||
Schnitzer Steel Industries, Inc., Class A | 1,703 | 56,267 | ||||||
SunCoke Energy, Inc. | 5,475 | 36,080 | ||||||
TimkenSteel Corp.* | 3,048 | 46,756 | ||||||
Warrior Met Coal, Inc. | 3,383 | 110,117 | ||||||
Worthington Industries, Inc. | 2,090 | 106,569 | ||||||
2,285,415 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Mortgage Real Estate Investment Trusts (REITs) - 1.0% | ||||||||
AFC Gamma, Inc. | 1,039 | 18,068 | ||||||
Angel Oak Mortgage, Inc. | 783 | 10,860 | ||||||
Apollo Commercial Real Estate Finance, Inc. | 9,244 | 107,693 | ||||||
Arbor Realty Trust, Inc. | 10,206 | 152,886 | ||||||
Ares Commercial Real Estate Corp. | 2,939 | 38,765 | ||||||
ARMOUR Residential REIT, Inc. | 6,747 | 47,904 | ||||||
Blackstone Mortgage Trust, Inc., Class A | 11,187 | 324,199 | ||||||
BrightSpire Capital, Inc. | 6,257 | 52,559 | ||||||
Broadmark Realty Capital, Inc. | 8,554 | 55,173 | ||||||
Chicago Atlantic Real Estate Finance, Inc. | 450 | 6,872 | ||||||
Chimera Investment Corp. | 15,626 | 132,821 | ||||||
Claros Mortgage Trust, Inc. | 6,042 | 103,258 | ||||||
Dynex Capital, Inc. | 2,388 | 37,038 | ||||||
Ellington Financial, Inc. | 3,735 | 54,830 | ||||||
Franklin BSP Realty Trust, Inc. | 5,530 | 71,337 | ||||||
Granite Point Mortgage Trust, Inc. | 3,508 | 33,045 | ||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc.(b) | 5,598 | 221,233 | ||||||
Invesco Mortgage Capital, Inc. | 2,182 | 34,678 | ||||||
KKR Real Estate Finance Trust, Inc. | 3,400 | 65,484 | ||||||
Ladder Capital Corp. | 7,464 | 82,552 | ||||||
MFA Financial, Inc. | 6,743 | 73,701 | ||||||
New York Mortgage Trust, Inc. | 24,978 | 69,938 | ||||||
Nexpoint Real Estate Finance, Inc. | 514 | 10,547 | ||||||
Orchid Island Capital, Inc.(b) | 2,338 | 31,612 | ||||||
PennyMac Mortgage Investment Trust | 6,042 | 89,724 | ||||||
Ready Capital Corp. | 4,866 | 63,745 | ||||||
Redwood Trust, Inc. | 7,898 | 61,209 | ||||||
TPG RE Finance Trust, Inc. | 4,529 | 41,939 | ||||||
Two Harbors Investment Corp.(b) | 22,699 | 110,090 | ||||||
2,203,760 | ||||||||
Multiline Retail - 0.1% | ||||||||
Big Lots, Inc. | 1,839 | 37,828 | ||||||
Dillard's, Inc., Class A | 282 | 83,540 | ||||||
Franchise Group, Inc.(b) | 1,810 | 61,341 | ||||||
182,709 | ||||||||
Multi-Utilities - 0.3% | ||||||||
Avista Corp. | 4,760 | 193,399 | ||||||
Black Hills Corp. | 4,270 | 322,300 | ||||||
NorthWestern Corp. | 3,571 | 189,191 | ||||||
Unitil Corp. | 1,044 | 54,382 | ||||||
759,272 | ||||||||
Oil, Gas & Consumable Fuels - 3.3% | ||||||||
Aemetis, Inc.* | 1,912 | 17,437 | ||||||
Alto Ingredients, Inc.* | 4,746 | 20,503 | ||||||
Amplify Energy Corp.* | 2,344 | 17,463 | ||||||
Arch Resources, Inc. | 1,001 | 145,726 | ||||||
Archaea Energy, Inc.* | 3,914 | 77,341 | ||||||
Ardmore Shipping Corp.* | 2,289 | 22,066 | ||||||
Battalion Oil Corp.* | 165 | 2,185 | ||||||
Berry Corp. | 5,266 | 48,184 | ||||||
Brigham Minerals, Inc., Class A | 3,350 | 99,663 | ||||||
California Resources Corp. | 5,140 | 256,794 | ||||||
Callon Petroleum Co.* | 3,233 | 137,597 | ||||||
Centennial Resource Development, Inc., Class A*(b) | 13,514 | 111,220 | ||||||
Centrus Energy Corp., Class A* | 700 | 34,867 | ||||||
Chord Energy Corp. | 2,780 | 393,509 | ||||||
Civitas Resources, Inc. | 4,844 | 325,468 | ||||||
Clean Energy Fuels Corp.* | 11,137 | 74,841 | ||||||
CNX Resources Corp.* | 12,663 | 223,755 | ||||||
Comstock Resources, Inc.* | 6,023 | 118,051 | ||||||
CONSOL Energy, Inc. | 2,255 | 161,864 | ||||||
Crescent Energy Co., Class A(b) | 2,135 | 36,573 | ||||||
CVR Energy, Inc. | 1,943 | 63,458 | ||||||
Delek US Holdings, Inc. | 4,631 | 130,823 | ||||||
Denbury, Inc.* | 3,336 | 296,670 | ||||||
DHT Holdings, Inc. | 9,218 | 71,993 | ||||||
Dorian LPG Ltd. | 2,018 | 29,362 | ||||||
Earthstone Energy, Inc., Class A*(b) | 2,841 | 43,183 | ||||||
Empire Petroleum Corp.* | 445 | 6,568 | ||||||
Energy Fuels, Inc.* | 10,250 | 83,230 | ||||||
Equitrans Midstream Corp. | 27,011 | 250,392 | ||||||
Excelerate Energy, Inc., Class A | 1,218 | 31,278 | ||||||
FLEX LNG Ltd.(b) | 1,874 | 61,973 | ||||||
Frontline Ltd.*(b) | 8,192 | 97,157 | ||||||
Gevo, Inc.*(b) | 12,932 | 40,477 | ||||||
Golar LNG Ltd.* | 6,633 | 180,882 | ||||||
Green Plains, Inc.* | 3,464 | 126,886 | ||||||
Gulfport Energy Corp.* | 782 | 76,448 | ||||||
HighPeak Energy, Inc.(b) | 421 | 10,660 | ||||||
International Seaways, Inc.(b) | 3,237 | 95,589 | ||||||
Kinetik Holdings, Inc. | 1,088 | 40,115 | ||||||
Kosmos Energy Ltd.* | 29,663 | 209,717 | ||||||
Laredo Petroleum, Inc.* | 1,121 | 87,001 | ||||||
Magnolia Oil & Gas Corp., Class A | 10,961 | 261,639 | ||||||
Matador Resources Co. | 7,395 | 440,742 | ||||||
Murphy Oil Corp. | 9,682 | 377,308 | ||||||
NACCO Industries, Inc., Class A | 266 | 11,962 | ||||||
NextDecade Corp.*(b) | 2,031 | 14,968 | ||||||
Nordic American Tankers Ltd.(b) | 12,496 | 32,490 | ||||||
Northern Oil and Gas, Inc. | 4,310 | 136,368 | ||||||
Par Pacific Holdings, Inc.* | 3,213 | 60,404 | ||||||
PBF Energy, Inc., Class A*(b) | 6,358 | 217,189 | ||||||
Peabody Energy Corp.*(b) | 7,734 | 190,720 | ||||||
Ranger Oil Corp. | 1,397 | 54,469 | ||||||
REX American Resources Corp.* | 1,040 | 31,512 | ||||||
Riley Exploration Permian, Inc. | 683 | 17,171 | ||||||
Ring Energy, Inc.*(b) | 5,680 | 18,403 | ||||||
SandRidge Energy, Inc.* | 2,088 | 43,806 | ||||||
Scorpio Tankers, Inc. | 3,261 | 135,658 | ||||||
SFL Corp. Ltd. | 7,545 | 80,732 | ||||||
SilverBow Resources, Inc.* | 771 | 30,655 | ||||||
Sitio Royalties Corp. | 766 | 19,493 | ||||||
SM Energy Co. | 7,958 | 350,709 | ||||||
Talos Energy, Inc.* | 4,345 | 90,072 | ||||||
Teekay Corp.* | 4,585 | 16,002 | ||||||
Teekay Tankers Ltd., Class A* | 1,502 | 36,949 | ||||||
Tellurian, Inc.* | 33,519 | 134,076 | ||||||
Uranium Energy Corp.* | 18,360 | 82,987 | ||||||
Ur-Energy, Inc.* | 13,759 | 18,987 | ||||||
VAALCO Energy, Inc.(b) | 3,841 | 19,243 | ||||||
Vertex Energy, Inc.*(b) | 3,552 | 30,192 | ||||||
W&T Offshore, Inc.* | 6,211 | 40,372 | ||||||
World Fuel Services Corp. | 4,099 | 105,754 | ||||||
7,460,001 | ||||||||
Paper & Forest Products - 0.1% | ||||||||
Clearwater Paper Corp.* | 1,098 | 46,709 | ||||||
Glatfelter Corp. | 2,891 | 14,079 | ||||||
Resolute Forest Products, Inc.* | 3,018 | 61,145 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Sylvamo Corp. | 2,333 | 103,678 | ||||||
225,611 | ||||||||
Personal Products - 0.5% | ||||||||
Beauty Health Co. (The)* | 6,552 | 76,003 | ||||||
BellRing Brands, Inc.* | 8,663 | 205,226 | ||||||
Edgewell Personal Care Co. | 3,532 | 137,607 | ||||||
elf Beauty, Inc.* | 3,181 | 121,291 | ||||||
Herbalife Nutrition Ltd.* | 6,507 | 169,768 | ||||||
Honest Co., Inc. (The)* | 4,272 | 15,422 | ||||||
Inter Parfums, Inc. | 1,180 | 92,654 | ||||||
Medifast, Inc. | 747 | 93,733 | ||||||
Nature's Sunshine Products, Inc.* | 892 | 8,652 | ||||||
Nu Skin Enterprises, Inc., Class A(b) | 3,280 | 134,283 | ||||||
Thorne HealthTech, Inc.* | 904 | 4,231 | ||||||
USANA Health Sciences, Inc.* | 738 | 47,616 | ||||||
Veru, Inc.* | 4,269 | 65,316 | ||||||
1,171,802 | ||||||||
Pharmaceuticals - 1.1% | ||||||||
Aclaris Therapeutics, Inc.* | 3,931 | 62,542 | ||||||
Aerie Pharmaceuticals, Inc.* | 3,077 | 46,463 | ||||||
Amneal Pharmaceuticals, Inc.* | 6,766 | 14,682 | ||||||
Amphastar Pharmaceuticals, Inc.* | 2,516 | 74,474 | ||||||
Amylyx Pharmaceuticals, Inc.* | 753 | 19,006 | ||||||
AN2 Therapeutics, Inc.*(b) | 305 | 5,228 | ||||||
ANI Pharmaceuticals, Inc.* | 828 | 30,545 | ||||||
Arvinas, Inc.* | 3,195 | 135,276 | ||||||
Atea Pharmaceuticals, Inc.* | 5,011 | 37,582 | ||||||
Athira Pharma, Inc.*(b) | 2,235 | 7,554 | ||||||
Axsome Therapeutics, Inc.*(b) | 1,887 | 120,391 | ||||||
Cara Therapeutics, Inc.* | 2,943 | 30,372 | ||||||
Cassava Sciences, Inc.*(b) | 2,506 | 64,479 | ||||||
CinCor Pharma, Inc.* | 880 | 29,718 | ||||||
Collegium Pharmaceutical, Inc.* | 2,231 | 39,221 | ||||||
Corcept Therapeutics, Inc.* | 5,601 | 144,618 | ||||||
DICE Therapeutics, Inc.* | 1,865 | 29,280 | ||||||
Edgewise Therapeutics, Inc.* | 1,953 | 19,686 | ||||||
Esperion Therapeutics, Inc.* | 4,142 | 30,899 | ||||||
Evolus, Inc.* | 2,327 | 22,362 | ||||||
EyePoint Pharmaceuticals, Inc.* | 1,714 | 17,140 | ||||||
Fulcrum Therapeutics, Inc.*(b) | 2,242 | 16,591 | ||||||
Harmony Biosciences Holdings, Inc.* | 1,723 | 75,657 | ||||||
Innoviva, Inc.*(b) | 4,157 | 54,706 | ||||||
Intra-Cellular Therapies, Inc.* | 6,018 | 302,465 | ||||||
Liquidia Corp.*(b) | 3,135 | 18,089 | ||||||
Nektar Therapeutics* | 11,920 | 46,965 | ||||||
NGM Biopharmaceuticals, Inc.* | 2,575 | 36,333 | ||||||
Nuvation Bio, Inc.*(b) | 7,646 | 21,409 | ||||||
Ocular Therapeutix, Inc.* | 5,062 | 25,715 | ||||||
Pacira BioSciences, Inc.* | 2,951 | 154,868 | ||||||
Phathom Pharmaceuticals, Inc.*(b) | 1,512 | 12,912 | ||||||
Phibro Animal Health Corp., Class A | 1,339 | 19,831 | ||||||
Prestige Consumer Healthcare, Inc.* | 3,305 | 167,167 | ||||||
Provention Bio, Inc.*(b) | 3,677 | 15,885 | ||||||
Reata Pharmaceuticals, Inc., Class A* | 1,816 | 43,421 | ||||||
Relmada Therapeutics, Inc.* | 1,799 | 52,423 | ||||||
Revance Therapeutics, Inc.* | 4,605 | 91,640 | ||||||
SIGA Technologies, Inc.(b) | 3,095 | 46,673 | ||||||
Supernus Pharmaceuticals, Inc.* | 3,219 | 110,186 | ||||||
Tarsus Pharmaceuticals, Inc.* | 1,191 | 18,318 | ||||||
Theravance Biopharma, Inc.* | 4,229 | 38,103 | ||||||
Theseus Pharmaceuticals, Inc.*(b) | 1,117 | 7,618 | ||||||
Tricida, Inc.*(b) | 2,187 | 27,381 | ||||||
Ventyx Biosciences, Inc.*(b) | 1,471 | 30,008 | ||||||
Xeris Biopharma Holdings, Inc.* | 8,698 | 14,526 | ||||||
2,430,408 | ||||||||
Professional Services - 1.3% | ||||||||
Alight, Inc., Class A* | 22,306 | 175,771 | ||||||
ASGN, Inc.* | 3,295 | 318,627 | ||||||
Atlas Technical Consultants, Inc.* | 1,171 | 9,977 | ||||||
Barrett Business Services, Inc. | 473 | 38,143 | ||||||
CBIZ, Inc.* | 3,228 | 140,934 | ||||||
CRA International, Inc. | 470 | 42,963 | ||||||
Exponent, Inc. | 3,387 | 317,904 | ||||||
First Advantage Corp.* | 3,857 | 53,381 | ||||||
Forrester Research, Inc.* | 742 | 30,860 | ||||||
Franklin Covey Co.* | 826 | 39,293 | ||||||
Heidrick & Struggles International, Inc. | 1,283 | 36,514 | ||||||
HireRight Holdings Corp.* | 1,392 | 22,634 | ||||||
Huron Consulting Group, Inc.* | 1,382 | 92,456 | ||||||
ICF International, Inc. | 1,212 | 123,091 | ||||||
Insperity, Inc. | 2,383 | 259,795 | ||||||
Kelly Services, Inc., Class A | 2,310 | 37,214 | ||||||
Kforce, Inc. | 1,339 | 73,270 | ||||||
Korn Ferry | 3,519 | 214,377 | ||||||
Legalzoom.com, Inc.*(b) | 6,435 | 66,280 | ||||||
ManTech International Corp., Class A | 1,964 | 188,367 | ||||||
Planet Labs PBC* | 10,215 | 55,978 | ||||||
Red Violet, Inc.*(b) | 622 | 11,812 | ||||||
Resources Connection, Inc. | 2,086 | 40,760 | ||||||
Skillsoft Corp.* | 5,333 | 17,172 | ||||||
Spire Global, Inc.* | 8,218 | 11,094 | ||||||
Sterling Check Corp.* | 1,554 | 33,069 | ||||||
TriNet Group, Inc.* | 2,459 | 202,622 | ||||||
TrueBlue, Inc.* | 2,151 | 44,182 | ||||||
Upwork, Inc.* | 7,876 | 137,042 | ||||||
Willdan Group, Inc.* | 762 | 17,343 | ||||||
2,852,925 | ||||||||
Real Estate Management & Development - 0.5% | ||||||||
American Realty Investors, Inc.* | 98 | 1,361 | ||||||
Anywhere Real Estate, Inc.*(b) | 7,612 | 74,369 | ||||||
Compass, Inc., Class A*(b) | 17,123 | 48,972 | ||||||
Cushman & Wakefield plc* | 10,444 | 156,242 | ||||||
DigitalBridge Group, Inc.* | 9,711 | 172,856 | ||||||
Doma Holdings, Inc.*(b) | 8,997 | 5,426 | ||||||
Douglas Elliman, Inc. | 4,966 | 22,893 | ||||||
eXp World Holdings, Inc.(b) | 4,507 | 58,276 | ||||||
Forestar Group, Inc.* | 1,196 | 14,878 | ||||||
FRP Holdings, Inc.* | 439 | 25,251 | ||||||
Kennedy-Wilson Holdings, Inc. | 7,758 | 136,231 | ||||||
Marcus & Millichap, Inc. | 1,633 | 61,042 | ||||||
Newmark Group, Inc., Class A | 9,711 | 99,538 | ||||||
Offerpad Solutions, Inc.*(b) | 4,485 | 6,817 | ||||||
RE/MAX Holdings, Inc., Class A | 1,234 | 28,086 | ||||||
Redfin Corp.*(b) | 6,899 | 56,503 | ||||||
RMR Group, Inc. (The), Class A | 1,006 | 26,196 | ||||||
Seritage Growth Properties, Class A, REIT*(b) | 2,886 | 36,190 | ||||||
St Joe Co. (The) | 2,264 | 86,485 | ||||||
Stratus Properties, Inc.* | 388 | 13,817 | ||||||
Tejon Ranch Co.* | 1,365 | 21,512 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Transcontinental Realty Investors, Inc.* | 83 | 3,569 | ||||||
1,156,510 | ||||||||
Road & Rail - 0.4% | ||||||||
ArcBest Corp. | 1,607 | 129,412 | ||||||
Bird Global, Inc., Class A*(b) | 11,266 | 4,787 | ||||||
Covenant Logistics Group, Inc. | 726 | 20,415 | ||||||
Daseke, Inc.* | 2,674 | 16,205 | ||||||
Heartland Express, Inc. | 3,069 | 46,495 | ||||||
Marten Transport Ltd. | 3,875 | 76,764 | ||||||
PAM Transportation Services, Inc.* | 433 | 12,864 | ||||||
Saia, Inc.* | 1,746 | 361,125 | ||||||
TuSimple Holdings, Inc., Class A* | 9,192 | 66,091 | ||||||
Universal Logistics Holdings, Inc. | 479 | 17,488 | ||||||
Werner Enterprises, Inc. | 4,270 | 169,903 | ||||||
921,549 | ||||||||
Semiconductors & Semiconductor Equipment - 1.8% | ||||||||
ACM Research, Inc., Class A* | 3,149 | 53,187 | ||||||
Alpha & Omega Semiconductor Ltd.* | 1,447 | 55,941 | ||||||
Ambarella, Inc.* | 2,393 | 162,437 | ||||||
Amkor Technology, Inc. | 6,668 | 134,227 | ||||||
Atomera, Inc.*(b) | 1,340 | 17,326 | ||||||
Axcelis Technologies, Inc.* | 2,147 | 143,720 | ||||||
AXT, Inc.* | 2,666 | 22,901 | ||||||
CEVA, Inc.* | 1,501 | 43,934 | ||||||
Cohu, Inc.* | 3,156 | 84,676 | ||||||
Credo Technology Group Holding Ltd.* | 1,543 | 21,278 | ||||||
CyberOptics Corp.*(b) | 471 | 25,076 | ||||||
Diodes, Inc.* | 2,925 | 208,172 | ||||||
FormFactor, Inc.* | 5,127 | 150,119 | ||||||
Ichor Holdings Ltd.* | 1,843 | 56,617 | ||||||
Impinj, Inc.* | 1,381 | 123,296 | ||||||
indie Semiconductor, Inc., Class A* | 6,555 | 55,783 | ||||||
Kulicke & Soffa Industries, Inc. | 3,819 | 160,551 | ||||||
MACOM Technology Solutions Holdings, Inc.* | 3,321 | 183,153 | ||||||
MaxLinear, Inc.* | 4,719 | 169,554 | ||||||
Onto Innovation, Inc.* | 3,257 | 231,214 | ||||||
PDF Solutions, Inc.* | 1,987 | 52,417 | ||||||
Photronics, Inc.* | 3,938 | 66,158 | ||||||
Power Integrations, Inc. | 3,799 | 271,742 | ||||||
Rambus, Inc.* | 7,201 | 185,714 | ||||||
Rigetti Computing, Inc.*(b) | 2,107 | 8,386 | ||||||
Rockley Photonics Holdings Ltd.*(b) | 6,697 | 9,510 | ||||||
Semtech Corp.* | 4,158 | 192,058 | ||||||
Silicon Laboratories, Inc.* | 2,385 | 298,912 | ||||||
SiTime Corp.* | 1,052 | 111,943 | ||||||
SkyWater Technology, Inc.*(b) | 710 | 9,230 | ||||||
SMART Global Holdings, Inc.* | 3,227 | 59,215 | ||||||
SunPower Corp.* | 5,375 | 129,000 | ||||||
Synaptics, Inc.* | 2,606 | 301,280 | ||||||
Transphorm, Inc.*(b) | 1,409 | 7,820 | ||||||
Ultra Clean Holdings, Inc.* | 2,967 | 86,844 | ||||||
Veeco Instruments, Inc.* | 3,278 | 69,297 | ||||||
3,962,688 | ||||||||
Software - 3.3% | ||||||||
8x8, Inc.* | 7,225 | 37,642 | ||||||
A10 Networks, Inc. | 4,330 | 60,187 | ||||||
ACI Worldwide, Inc.* | 7,525 | 178,342 | ||||||
Agilysys, Inc.* | 1,285 | 66,524 | ||||||
Alarm.com Holdings, Inc.* | 3,160 | 210,456 | ||||||
Alkami Technology, Inc.* | 2,356 | 34,162 | ||||||
Altair Engineering, Inc., Class A* | 3,415 | 177,614 | ||||||
American Software, Inc., Class A | 2,056 | 34,808 | ||||||
Amplitude, Inc., Class A* | 3,673 | 55,646 | ||||||
Appfolio, Inc., Class A* | 1,251 | 126,826 | ||||||
Appian Corp.*(b) | 2,630 | 123,347 | ||||||
Applied Blockchain, Inc.*(b) | 531 | 1,258 | ||||||
Arteris, Inc.* | 1,112 | 7,917 | ||||||
Asana, Inc., Class A* | 4,838 | 92,648 | ||||||
Avaya Holdings Corp.*(b) | 5,486 | 8,723 | ||||||
AvePoint, Inc.* | 8,460 | 39,593 | ||||||
Benefitfocus, Inc.* | 1,694 | 12,553 | ||||||
Blackbaud, Inc.* | 3,051 | 159,567 | ||||||
Blackline, Inc.* | 3,629 | 246,554 | ||||||
Blend Labs, Inc., Class A*(b) | 12,154 | 38,285 | ||||||
Box, Inc., Class A* | 8,482 | 218,411 | ||||||
BTRS Holdings, Inc., Class 1* | 6,589 | 44,542 | ||||||
C3.ai, Inc., Class A*(b) | 4,521 | 81,378 | ||||||
Cerence, Inc.*(b) | 2,583 | 51,686 | ||||||
ChannelAdvisor Corp.* | 1,974 | 29,788 | ||||||
Cipher Mining, Inc.*(b) | 2,568 | 5,162 | ||||||
Cleanspark, Inc.*(b) | 2,640 | 11,299 | ||||||
Clear Secure, Inc., Class A* | 4,087 | 93,756 | ||||||
CommVault Systems, Inc.* | 2,925 | 158,798 | ||||||
Consensus Cloud Solutions, Inc.* | 1,051 | 52,918 | ||||||
Couchbase, Inc.* | 1,740 | 28,867 | ||||||
CS Disco, Inc.* | 1,461 | 20,162 | ||||||
Cvent Holding Corp.*(b) | 5,522 | 27,941 | ||||||
Digimarc Corp.*(b) | 898 | 16,002 | ||||||
Digital Turbine, Inc.* | 6,051 | 111,762 | ||||||
Domo, Inc., Class B* | 1,995 | 38,424 | ||||||
Duck Creek Technologies, Inc.* | 5,072 | 60,357 | ||||||
E2open Parent Holdings, Inc.* | 13,089 | 89,921 | ||||||
Ebix, Inc. | 1,731 | 45,041 | ||||||
eGain Corp.* | 1,371 | 12,627 | ||||||
Enfusion, Inc., Class A*(b) | 1,674 | 20,741 | ||||||
EngageSmart, Inc.* | 2,292 | 45,771 | ||||||
Envestnet, Inc.* | 3,613 | 189,213 | ||||||
Everbridge, Inc.* | 2,600 | 103,428 | ||||||
EverCommerce, Inc.*(b) | 1,587 | 18,473 | ||||||
ForgeRock, Inc., Class A*(b) | 1,833 | 31,271 | ||||||
Greenidge Generation Holdings, Inc.*(b) | 842 | 2,046 | ||||||
Instructure Holdings, Inc.*(b) | 1,137 | 25,844 | ||||||
Intapp, Inc.* | 923 | 13,374 | ||||||
InterDigital, Inc. | 2,030 | 101,825 | ||||||
IronNet, Inc.*(b) | 4,259 | 8,603 | ||||||
Kaleyra, Inc.*(b) | 1,938 | 3,081 | ||||||
KnowBe4, Inc., Class A* | 4,785 | 91,968 | ||||||
Latch, Inc.*(b) | 4,622 | 4,946 | ||||||
LivePerson, Inc.* | 4,621 | 53,604 | ||||||
LiveRamp Holdings, Inc.* | 4,407 | 87,479 | ||||||
LiveVox Holdings, Inc.*(b) | 1,462 | 3,129 | ||||||
Marathon Digital Holdings, Inc.*(b) | 6,635 | 78,625 | ||||||
Matterport, Inc.*(b) | 14,382 | 66,301 | ||||||
MeridianLink, Inc.* | 1,510 | 26,229 | ||||||
MicroStrategy, Inc., Class A* | 618 | 143,104 | ||||||
Mitek Systems, Inc.*(b) | 2,773 | 28,340 | ||||||
Model N, Inc.* | 2,369 | 70,833 | ||||||
Momentive Global, Inc.* | 8,701 | 61,690 | ||||||
N-able, Inc.* | 4,478 | 44,601 | ||||||
NextNav, Inc.*(b) | 3,206 | 10,868 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Olo, Inc., Class A* | 5,908 | 46,141 | ||||||
ON24, Inc.* | 2,734 | 24,497 | ||||||
OneSpan, Inc.* | 2,631 | 30,283 | ||||||
PagerDuty, Inc.* | 5,590 | 145,564 | ||||||
Ping Identity Holding Corp.* | 5,076 | 142,839 | ||||||
Progress Software Corp. | 2,872 | 138,229 | ||||||
PROS Holdings, Inc.* | 2,691 | 56,107 | ||||||
Q2 Holdings, Inc.* | 3,671 | 145,812 | ||||||
Qualys, Inc.* | 2,565 | 389,623 | ||||||
Rapid7, Inc.*(b) | 3,815 | 219,363 | ||||||
Rimini Street, Inc.* | 3,196 | 16,108 | ||||||
Riot Blockchain, Inc.*(b) | 7,693 | 55,159 | ||||||
Sapiens International Corp. NV | 2,018 | 44,638 | ||||||
SecureWorks Corp., Class A* | 643 | 6,687 | ||||||
ShotSpotter, Inc.* | 586 | 19,121 | ||||||
Sprout Social, Inc., Class A* | 3,019 | 181,261 | ||||||
SPS Commerce, Inc.* | 2,382 | 290,890 | ||||||
Sumo Logic, Inc.* | 5,613 | 49,282 | ||||||
Telos Corp.* | 3,539 | 35,036 | ||||||
Tenable Holdings, Inc.* | 7,222 | 286,063 | ||||||
Terawulf, Inc.* | 1,406 | 2,095 | ||||||
Upland Software, Inc.* | 1,914 | 20,040 | ||||||
UserTesting, Inc.* | 3,109 | 12,933 | ||||||
Varonis Systems, Inc.* | 7,158 | 195,771 | ||||||
Verint Systems, Inc.* | 4,179 | 202,640 | ||||||
Veritone, Inc.*(b) | 2,055 | 15,104 | ||||||
Viant Technology, Inc., Class A* | 921 | 4,163 | ||||||
Weave Communications, Inc.* | 331 | 1,910 | ||||||
WM Technology, Inc.* | 4,715 | 12,353 | ||||||
Workiva, Inc.*(b) | 3,131 | 212,564 | ||||||
Xperi Holding Corp. | 6,847 | 108,936 | ||||||
Yext, Inc.* | 7,895 | 35,133 | ||||||
Zeta Global Holdings Corp., Class A*(b) | 2,046 | 14,322 | ||||||
Zuora, Inc., Class A* | 7,416 | 56,955 | ||||||
7,464,503 | ||||||||
Specialty Retail - 1.7% | ||||||||
Aaron's Co., Inc. (The) | 1,989 | 23,669 | ||||||
Abercrombie & Fitch Co., Class A* | 3,261 | 46,926 | ||||||
Academy Sports & Outdoors, Inc. | 5,511 | 237,414 | ||||||
American Eagle Outfitters, Inc.(b) | 10,130 | 114,064 | ||||||
America's Car-Mart, Inc.* | 391 | 31,519 | ||||||
Arko Corp. | 5,580 | 53,177 | ||||||
Asbury Automotive Group, Inc.* | 1,455 | 253,868 | ||||||
Bed Bath & Beyond, Inc.*(b) | 5,236 | 49,899 | ||||||
Big 5 Sporting Goods Corp.(b) | 1,409 | 17,246 | ||||||
Boot Barn Holdings, Inc.* | 1,940 | 129,243 | ||||||
Buckle, Inc. (The) | 1,985 | 64,076 | ||||||
Build-A-Bear Workshop, Inc. | 933 | 14,294 | ||||||
Caleres, Inc. | 2,392 | 61,044 | ||||||
Camping World Holdings, Inc., Class A(b) | 2,528 | 76,143 | ||||||
Cato Corp. (The), Class A | 1,208 | 13,059 | ||||||
Chico's FAS, Inc.* | 8,045 | 45,696 | ||||||
Children's Place, Inc. (The)* | 863 | 36,401 | ||||||
Citi Trends, Inc.* | 550 | 11,110 | ||||||
Conn's, Inc.* | 857 | 8,236 | ||||||
Container Store Group, Inc. (The)* | 2,135 | 14,475 | ||||||
Designer Brands, Inc., Class A | 3,798 | 64,794 | ||||||
Destination XL Group, Inc.* | 3,926 | 21,632 | ||||||
EVgo, Inc.*(b) | 4,465 | 42,373 | ||||||
Express, Inc.* | 4,221 | 6,416 | ||||||
Foot Locker, Inc. | 5,457 | 201,036 | ||||||
Genesco, Inc.* | 862 | 48,772 | ||||||
Group 1 Automotive, Inc. | 1,056 | 188,591 | ||||||
GrowGeneration Corp.*(b) | 3,771 | 17,912 | ||||||
Guess?, Inc.(b) | 2,237 | 39,080 | ||||||
Haverty Furniture Cos., Inc. | 992 | 26,605 | ||||||
Hibbett, Inc. | 845 | 49,517 | ||||||
JOANN, Inc.(b) | 724 | 5,140 | ||||||
LL Flooring Holdings, Inc.* | 1,921 | 15,637 | ||||||
MarineMax, Inc.* | 1,388 | 50,440 | ||||||
Monro, Inc. | 2,187 | 101,280 | ||||||
Murphy USA, Inc. | 1,470 | 426,550 | ||||||
National Vision Holdings, Inc.* | 5,331 | 177,149 | ||||||
ODP Corp. (The)* | 2,823 | 100,922 | ||||||
OneWater Marine, Inc., Class A* | 727 | 28,971 | ||||||
Party City Holdco, Inc.*(b) | 7,166 | 14,117 | ||||||
Rent-A-Center, Inc. | 3,487 | 90,104 | ||||||
Sally Beauty Holdings, Inc.* | 7,036 | 104,696 | ||||||
Shoe Carnival, Inc. | 1,158 | 27,549 | ||||||
Signet Jewelers Ltd. | 3,065 | 200,359 | ||||||
Sleep Number Corp.* | 1,419 | 58,789 | ||||||
Sonic Automotive, Inc., Class A(b) | 1,323 | 70,370 | ||||||
Sportsman's Warehouse Holdings, Inc.* | 2,856 | 22,734 | ||||||
Tile Shop Holdings, Inc. | 2,391 | 9,373 | ||||||
Tilly's, Inc., Class A | 1,513 | 11,348 | ||||||
Torrid Holdings, Inc.*(b) | 977 | 5,481 | ||||||
TravelCenters of America, Inc.* | 829 | 44,832 | ||||||
Urban Outfitters, Inc.* | 4,331 | 87,183 | ||||||
Volta, Inc.*(b) | 8,029 | 17,182 | ||||||
Warby Parker, Inc., Class A*(b) | 5,483 | 68,921 | ||||||
Winmark Corp. | 187 | 38,591 | ||||||
Zumiez, Inc.* | 1,027 | 26,661 | ||||||
3,812,666 | ||||||||
Technology Hardware, Storage & Peripherals - 0.3% | ||||||||
3D Systems Corp.* | 8,323 | 84,312 | ||||||
Avid Technology, Inc.* | 2,353 | 64,354 | ||||||
CompoSecure, Inc.*(b) | 511 | 2,954 | ||||||
Corsair Gaming, Inc.*(b) | 2,517 | 38,737 | ||||||
Diebold Nixdorf, Inc.* | 4,802 | 16,711 | ||||||
Eastman Kodak Co.*(b) | 3,756 | 20,320 | ||||||
IonQ, Inc.*(b) | 7,806 | 46,368 | ||||||
Super Micro Computer, Inc.* | 2,984 | 194,199 | ||||||
Turtle Beach Corp.* | 1,018 | 9,559 | ||||||
Xerox Holdings Corp. | 7,512 | 124,849 | ||||||
602,363 | ||||||||
Textiles, Apparel & Luxury Goods - 0.5% | ||||||||
Allbirds, Inc., Class A* | 6,200 | 25,482 | ||||||
Crocs, Inc.* | 3,986 | 293,768 | ||||||
Ermenegildo Zegna NV(b) | 3,107 | 31,816 | ||||||
Fossil Group, Inc.* | 3,063 | 12,956 | ||||||
G-III Apparel Group Ltd.* | 2,866 | 60,387 | ||||||
Kontoor Brands, Inc. | 3,704 | 137,900 | ||||||
Movado Group, Inc. | 1,027 | 32,751 | ||||||
Oxford Industries, Inc. | 1,019 | 108,758 | ||||||
PLBY Group, Inc.*(b) | 2,045 | 9,203 | ||||||
Rocky Brands, Inc. | 453 | 11,837 | ||||||
Steven Madden Ltd. | 5,185 | 150,935 | ||||||
Superior Group of Cos., Inc. | 768 | 8,532 | ||||||
Unifi, Inc.* | 915 | 10,394 | ||||||
Wolverine World Wide, Inc. | 5,257 | 102,722 | ||||||
997,441 | ||||||||
Thrifts & Mortgage Finance - 1.1% | ||||||||
Axos Financial, Inc.* | 3,765 | 157,302 | ||||||
Blue Foundry Bancorp* | 1,723 | 19,590 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Bridgewater Bancshares, Inc.* | 1,355 | 23,279 | ||||||
Capitol Federal Financial, Inc. | 8,542 | 77,391 | ||||||
Columbia Financial, Inc.*(b) | 2,272 | 48,462 | ||||||
Enact Holdings, Inc. | 1,974 | 50,140 | ||||||
Essent Group Ltd. | 6,922 | 276,811 | ||||||
Federal Agricultural Mortgage Corp., Class C | 598 | 65,326 | ||||||
Finance of America Cos., Inc., Class A*(b) | 2,551 | 3,112 | ||||||
Flagstar Bancorp, Inc. | 3,434 | 132,312 | ||||||
Greene County Bancorp, Inc.(b) | 222 | 11,810 | ||||||
Hingham Institution For Savings (The) | 97 | 28,799 | ||||||
Home Bancorp, Inc. | 480 | 18,739 | ||||||
Home Point Capital, Inc.(b) | 523 | 1,203 | ||||||
Kearny Financial Corp. | 4,072 | 46,258 | ||||||
Luther Burbank Corp. | 976 | 12,795 | ||||||
Merchants Bancorp | 1,033 | 27,860 | ||||||
Mr Cooper Group, Inc.* | 4,769 | 201,729 | ||||||
NMI Holdings, Inc., Class A* | 5,553 | 114,003 | ||||||
Northfield Bancorp, Inc. | 2,872 | 42,333 | ||||||
PennyMac Financial Services, Inc. | 1,944 | 103,265 | ||||||
Pioneer Bancorp, Inc.* | 762 | 7,125 | ||||||
Provident Bancorp, Inc. | 947 | 13,722 | ||||||
Provident Financial Services, Inc. | 4,908 | 114,013 | ||||||
Radian Group, Inc. | 11,384 | 240,316 | ||||||
Security National Financial Corp., Class A* | 1 | 8 | ||||||
Southern Missouri Bancorp, Inc. | 522 | 27,525 | ||||||
Sterling Bancorp, Inc.* | 1,126 | 6,632 | ||||||
TrustCo Bank Corp. | 1,233 | 41,108 | ||||||
Velocity Financial, Inc.* | 565 | 6,452 | ||||||
Walker & Dunlop, Inc.(b) | 2,017 | 202,628 | ||||||
Waterstone Financial, Inc. | 1,322 | 22,857 | ||||||
WSFS Financial Corp. | 4,233 | 204,666 | ||||||
2,349,571 | ||||||||
Tobacco - 0.1% | ||||||||
22nd Century Group, Inc.*(b) | 10,636 | 14,252 | ||||||
Turning Point Brands, Inc. | 1,003 | 23,390 | ||||||
Universal Corp. | 1,588 | 81,052 | ||||||
Vector Group Ltd. | 9,445 | 92,561 | ||||||
211,255 | ||||||||
Trading Companies & Distributors - 1.1% | ||||||||
Alta Equipment Group, Inc. | 1,379 | 16,231 | ||||||
Applied Industrial Technologies, Inc. | 2,514 | 266,534 | ||||||
Beacon Roofing Supply, Inc.* | 3,570 | 196,029 | ||||||
BlueLinx Holdings, Inc.* | 616 | 43,182 | ||||||
Boise Cascade Co. | 2,595 | 161,746 | ||||||
Custom Truck One Source, Inc.*(b) | 3,920 | 25,794 | ||||||
Distribution Solutions Group, Inc.* | 324 | 12,876 | ||||||
DXP Enterprises, Inc.* | 1,000 | 26,580 | ||||||
GATX Corp. | 2,333 | 225,391 | ||||||
Global Industrial Co. | 855 | 25,718 | ||||||
GMS, Inc.* | 2,842 | 136,984 | ||||||
H&E Equipment Services, Inc. | 2,096 | 66,359 | ||||||
Herc Holdings, Inc. | 1,686 | 189,726 | ||||||
Hudson Technologies, Inc.* | 2,833 | 23,514 | ||||||
Karat Packaging, Inc.* | 372 | 6,655 | ||||||
McGrath RentCorp | 1,592 | 134,556 | ||||||
MRC Global, Inc.* | 5,454 | 53,068 | ||||||
NOW, Inc.* | 7,245 | 87,809 | ||||||
Rush Enterprises, Inc., Class A | 2,790 | 131,297 | ||||||
Rush Enterprises, Inc., Class B | 447 | 22,636 | ||||||
Textainer Group Holdings Ltd. | 3,050 | 92,659 | ||||||
Titan Machinery, Inc.* | 1,329 | 40,907 | ||||||
Transcat, Inc.* | 468 | 34,674 | ||||||
Triton International Ltd. | 4,180 | 249,086 | ||||||
Veritiv Corp.* | 956 | 113,946 | ||||||
2,383,957 | ||||||||
Water Utilities - 0.3% | ||||||||
American States Water Co. | 2,426 | 201,285 | ||||||
Artesian Resources Corp., Class A | 540 | 29,500 | ||||||
California Water Service Group | 3,527 | 206,435 | ||||||
Global Water Resources, Inc. | 848 | 11,550 | ||||||
Middlesex Water Co. | 1,141 | 101,287 | ||||||
Pure Cycle Corp.* | 1,279 | 13,199 | ||||||
SJW Group | 1,773 | 114,004 | ||||||
York Water Co. (The) | 933 | 41,024 | ||||||
718,284 | ||||||||
Wireless Telecommunication Services - 0.1% | ||||||||
Gogo, Inc.* | 3,287 | 48,845 | ||||||
KORE Group Holdings, Inc.*(b) | 2,306 | 6,895 | ||||||
Shenandoah Telecommunications Co. | 3,182 | 70,927 | ||||||
Telephone and Data Systems, Inc. | 6,625 | 107,789 | ||||||
United States Cellular Corp.* | 980 | 28,018 | ||||||
262,474 | ||||||||
TOTAL COMMON STOCKS (Cost $205,581,309) | 158,577,167 |
Investments | Number of | Value ($) | ||||||
RIGHTS - 0.0%(d) | ||||||||
Biotechnology - 0.0% | ||||||||
Aduro Biotech, Inc., CVR*(e)(f) | 899 | — | ||||||
Oncternal Therapeutics, Inc., CVR*(e)(f) | 23 | — | ||||||
Tobira Therapeutics, Inc., CVR*(e)(f) | 218 | — | ||||||
— | ||||||||
Food Products - 0.0%(d) | ||||||||
Contraf-Nicotex-Tobacco GmbH, CVR*(e)(f) | 1,074 | 537 | ||||||
Pharmaceuticals - 0.0%(d) | ||||||||
Zogenix, Inc., CVR*(e)(f) | 6,278 | 4,269 | ||||||
TOTAL RIGHTS (Cost $2,244) | 4,806 |
Investments | Shares | Value ($) | ||||||
SECURITIES LENDING REINVESTMENTS(g) - 2.4% | ||||||||
INVESTMENT COMPANIES - 2.4% | ||||||||
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $5,484,197) | 5,484,197 | 5,484,197 |
UltraPro Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 33.0% | ||||||||
REPURCHASE AGREEMENTS(h) - 33.0% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $73,869,481 (Cost $73,864,966) | 73,864,966 | 73,864,966 | ||||||
Total Investments - 106.2% (Cost $284,932,716) | 237,931,136 | |||||||
Liabilities in excess of other assets - (6.2%) | (13,877,128 | ) | ||||||
Net Assets - 100.0% | 224,054,008 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $85,246,351. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $8,094,100, collateralized in the form of cash with a value of $5,484,197 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $2,979,277 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $8,463,474. |
(c) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. |
(d) | Represents less than 0.05% of net assets. |
(e) | Security fair valued as of August 31, 2022 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2022 amounted to $4,806, which represents approximately 0.00% of net assets of the Fund. |
(f) | Illiquid security. |
(g) | The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $5,484,197. |
(h) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Abbreviations | |
CVR | Contingent Value Rights - No defined expiration |
UltraPro Russell2000 Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Purchased | ||||||||||||||||
UltraPro Russell2000 had the following open long futures contracts as of August 31, 2022: | ||||||||||||||||
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||||
Russell 2000 E-Mini Index | 109 | 9/16/2022 | USD | $ | 10,053,070 | $ | 1,033,735 |
Swap Agreements
UltraPro Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
49,728,540 | 5/8/2023 | Bank of America NA | 2.18 | % | Russell 2000® Index | (30,979,348 | ) | ||||||||
29,362,079 | 11/6/2023 | Barclays Capital | 2.83 | % | Russell 2000® Index | 407,886 | |||||||||
111,779,490 | 5/8/2023 | BNP Paribas SA | 2.48 | % | Russell 2000® Index | (27,317,642 | ) | ||||||||
24,720,429 | 4/10/2023 | Citibank NA | 2.62 | % | Russell 2000® Index | (49,534,264 | ) | ||||||||
32,509,991 | 11/7/2022 | Credit Suisse International | 2.78 | % | Russell 2000® Index | (8,316,119 | ) | ||||||||
15,791,199 | 4/10/2023 | Goldman Sachs International | 2.73 | % | Russell 2000® Index | (2,760,108 | ) | ||||||||
23,542,036 | 11/6/2023 | Morgan Stanley & Co. International plc | 2.78 | % | Russell 2000® Index | (11,719,708 | ) | ||||||||
106,568,006 | 3/7/2023 | Societe Generale | 2.68 | % | Russell 2000® Index | (23,036,258 | ) | ||||||||
109,525,975 | 3/7/2023 | UBS AG | 2.33 | % | Russell 2000® Index | (17,484,495 | ) | ||||||||
503,527,745 | (170,740,056 | ) | |||||||||||||
Total Unrealized Appreciation | 407,886 | ||||||||||||||
Total Unrealized Depreciation | (171,147,942 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
COMMON STOCKS(a) - 70.5% | ||||||||
Aerospace & Defense - 1.2% | ||||||||
Boeing Co. (The)* | 25,296 | 4,053,684 | ||||||
General Dynamics Corp. | 10,437 | 2,389,342 | ||||||
Howmet Aerospace, Inc. | 17,071 | 604,826 | ||||||
Huntington Ingalls Industries, Inc. | 1,840 | 423,678 | ||||||
L3Harris Technologies, Inc. | 8,736 | 1,993,468 | ||||||
Lockheed Martin Corp. | 10,801 | 4,537,608 | ||||||
Northrop Grumman Corp. | 6,664 | 3,185,325 | ||||||
Raytheon Technologies Corp. | 67,678 | 6,074,101 | ||||||
Textron, Inc. | 9,794 | 610,950 | ||||||
TransDigm Group, Inc. | 2,351 | 1,411,517 | ||||||
25,284,499 | ||||||||
Air Freight & Logistics - 0.5% | ||||||||
CH Robinson Worldwide, Inc. | 5,776 | 659,330 | ||||||
Expeditors International of Washington, Inc. | 7,656 | 787,726 | ||||||
FedEx Corp. | 10,883 | 2,294,245 | ||||||
United Parcel Service, Inc., Class B | 33,431 | 6,502,664 | ||||||
10,243,965 | ||||||||
Airlines - 0.1% | ||||||||
Alaska Air Group, Inc.* | 5,713 | 248,858 | ||||||
American Airlines Group, Inc.* | 29,542 | 383,750 | ||||||
Delta Air Lines, Inc.* | 29,168 | 906,250 | ||||||
Southwest Airlines Co.* | 27,000 | 990,900 | ||||||
United Airlines Holdings, Inc.* | 14,879 | 520,914 | ||||||
3,050,672 | ||||||||
Auto Components - 0.1% | ||||||||
Aptiv plc* | 12,344 | 1,153,300 | ||||||
BorgWarner, Inc. | 10,891 | 410,591 | ||||||
1,563,891 | ||||||||
Automobiles - 1.7% | ||||||||
Ford Motor Co. | 179,584 | 2,736,860 | ||||||
General Motors Co. | 66,311 | 2,533,743 | ||||||
Tesla, Inc.* | 114,544 | 31,569,472 | ||||||
36,840,075 | ||||||||
Banks - 2.6% | ||||||||
Bank of America Corp. | 322,582 | 10,841,981 | ||||||
Citigroup, Inc. | 88,366 | 4,313,144 | ||||||
Citizens Financial Group, Inc. | 22,336 | 819,284 | ||||||
Comerica, Inc. | 5,964 | 478,909 | ||||||
Fifth Third Bancorp | 31,205 | 1,065,651 | ||||||
First Republic Bank | 8,156 | 1,238,325 | ||||||
Huntington Bancshares, Inc. | 65,466 | 877,244 | ||||||
JPMorgan Chase & Co. | 133,627 | 15,197,399 | ||||||
KeyCorp | 42,462 | 751,153 | ||||||
M&T Bank Corp. | 8,154 | 1,482,234 | ||||||
PNC Financial Services Group, Inc. (The) | 18,786 | 2,968,188 | ||||||
Regions Financial Corp. | 42,519 | 921,387 | ||||||
Signature Bank | 2,857 | 498,147 | ||||||
SVB Financial Group* | 2,667 | 1,084,189 | ||||||
Truist Financial Corp. | 60,596 | 2,838,317 | ||||||
US Bancorp | 61,488 | 2,804,468 | ||||||
Wells Fargo & Co. | 172,434 | 7,537,090 | ||||||
Zions Bancorp NA | 6,906 | 380,037 | ||||||
56,097,147 | ||||||||
Beverages - 1.3% | ||||||||
Brown-Forman Corp., Class B | 8,323 | 605,082 | ||||||
Coca-Cola Co. (The) | 177,528 | 10,955,253 | ||||||
Constellation Brands, Inc., Class A | 7,420 | 1,825,691 | ||||||
Keurig Dr Pepper, Inc. | 33,554 | 1,279,078 | ||||||
Molson Coors Beverage Co., Class B | 8,583 | 443,484 | ||||||
Monster Beverage Corp.* | 17,080 | 1,517,216 | ||||||
PepsiCo, Inc. | 62,914 | 10,838,195 | ||||||
27,463,999 | ||||||||
Biotechnology - 1.4% | ||||||||
AbbVie, Inc. | 80,377 | 10,807,491 | ||||||
Amgen, Inc. | 24,324 | 5,845,057 | ||||||
Biogen, Inc.* | 6,670 | 1,303,185 | ||||||
Gilead Sciences, Inc. | 57,053 | 3,621,154 | ||||||
Incyte Corp.* | 8,581 | 604,360 | ||||||
Moderna, Inc.* | 15,753 | 2,083,649 | ||||||
Regeneron Pharmaceuticals, Inc.* | 4,910 | 2,853,005 | ||||||
Vertex Pharmaceuticals, Inc.* | 11,668 | 3,287,576 | ||||||
30,405,477 | ||||||||
Building Products - 0.3% | ||||||||
A O Smith Corp. | 5,921 | 334,240 | ||||||
Allegion plc | 4,008 | 381,161 | ||||||
Carrier Global Corp. | 38,581 | 1,509,289 | ||||||
Fortune Brands Home & Security, Inc. | 5,967 | 366,553 | ||||||
Johnson Controls International plc | 31,680 | 1,715,155 | ||||||
Masco Corp. | 10,757 | 547,208 | ||||||
Trane Technologies plc | 10,656 | 1,641,770 | ||||||
6,495,376 | ||||||||
Capital Markets - 2.1% | ||||||||
Ameriprise Financial, Inc. | 4,983 | 1,335,494 | ||||||
Bank of New York Mellon Corp. (The) | 33,771 | 1,402,510 | ||||||
BlackRock, Inc. | 6,466 | 4,308,878 | ||||||
Cboe Global Markets, Inc. | 4,850 | 572,155 | ||||||
Charles Schwab Corp. (The) | 68,643 | 4,870,221 | ||||||
CME Group, Inc. | 16,323 | 3,192,942 | ||||||
FactSet Research Systems, Inc. | 1,727 | 748,378 | ||||||
Franklin Resources, Inc. | 12,746 | 332,288 | ||||||
Goldman Sachs Group, Inc. (The) | 15,631 | 5,199,965 | ||||||
Intercontinental Exchange, Inc. | 25,395 | 2,561,086 | ||||||
Invesco Ltd. | 15,323 | 252,370 | ||||||
MarketAxess Holdings, Inc. | 1,720 | 427,575 | ||||||
Moody's Corp. | 7,289 | 2,073,866 | ||||||
Morgan Stanley | 63,652 | 5,424,423 | ||||||
MSCI, Inc. | 3,681 | 1,653,652 | ||||||
Nasdaq, Inc. | 15,798 | 940,455 | ||||||
Northern Trust Corp. | 9,455 | 899,076 | ||||||
Raymond James Financial, Inc. | 8,841 | 922,735 | ||||||
S&P Global, Inc. | 15,797 | 5,563,387 | ||||||
State Street Corp. | 16,703 | 1,141,650 | ||||||
T. Rowe Price Group, Inc.(b) | 10,308 | 1,236,960 | ||||||
45,060,066 | ||||||||
Chemicals - 1.3% | ||||||||
Air Products and Chemicals, Inc. | 10,112 | 2,552,774 | ||||||
Albemarle Corp. | 5,330 | 1,428,227 | ||||||
Celanese Corp. | 4,921 | 545,542 | ||||||
CF Industries Holdings, Inc. | 9,465 | 979,249 | ||||||
Corteva, Inc. | 32,905 | 2,021,354 | ||||||
Dow, Inc. | 33,113 | 1,688,763 | ||||||
DuPont de Nemours, Inc. | 23,154 | 1,288,288 | ||||||
Eastman Chemical Co. | 5,869 | 534,079 | ||||||
Ecolab, Inc. | 11,289 | 1,849,477 | ||||||
FMC Corp. | 5,708 | 616,921 | ||||||
International Flavors & Fragrances, Inc. | 11,602 | 1,281,789 |
UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Linde plc(b) | 22,898 | 6,476,928 | ||||||
LyondellBasell Industries NV, Class A | 11,780 | 977,740 | ||||||
Mosaic Co. (The) | 16,487 | 888,155 | ||||||
PPG Industries, Inc. | 10,768 | 1,367,321 | ||||||
Sherwin-Williams Co. (The) | 10,916 | 2,533,604 | ||||||
27,030,211 | ||||||||
Commercial Services & Supplies - 0.3% | ||||||||
Cintas Corp. | 3,967 | 1,613,934 | ||||||
Copart, Inc.* | 9,706 | 1,161,323 | ||||||
Republic Services, Inc. | 9,461 | 1,350,274 | ||||||
Rollins, Inc. | 10,280 | 347,053 | ||||||
Waste Management, Inc. | 17,393 | 2,939,939 | ||||||
7,412,523 | ||||||||
Communications Equipment - 0.6% | ||||||||
Arista Networks, Inc.* | 10,226 | 1,225,893 | ||||||
Cisco Systems, Inc. | 188,961 | 8,450,336 | ||||||
F5, Inc.* | 2,757 | 433,014 | ||||||
Juniper Networks, Inc. | 14,704 | 417,888 | ||||||
Motorola Solutions, Inc. | 7,616 | 1,853,810 | ||||||
12,380,941 | ||||||||
Construction & Engineering - 0.0%(c) | ||||||||
Quanta Services, Inc. | 6,525 | 921,983 | ||||||
Construction Materials - 0.1% | ||||||||
Martin Marietta Materials, Inc. | 2,845 | 989,235 | ||||||
Vulcan Materials Co. | 6,079 | 1,012,093 | ||||||
2,001,328 | ||||||||
Consumer Finance - 0.4% | ||||||||
American Express Co. | 27,774 | 4,221,648 | ||||||
Capital One Financial Corp. | 17,879 | 1,891,956 | ||||||
Discover Financial Services | 12,755 | 1,281,750 | ||||||
Synchrony Financial | 22,806 | 746,896 | ||||||
8,142,250 | ||||||||
Containers & Packaging - 0.2% | ||||||||
Amcor plc | 68,352 | 820,907 | ||||||
Avery Dennison Corp. | 3,687 | 677,007 | ||||||
Ball Corp. | 14,546 | 811,812 | ||||||
International Paper Co. | 16,880 | 702,546 | ||||||
Packaging Corp. of America | 4,248 | 581,636 | ||||||
Sealed Air Corp. | 6,654 | 358,052 | ||||||
Westrock Co. | 11,605 | 471,047 | ||||||
4,423,007 | ||||||||
Distributors - 0.1% | ||||||||
Genuine Parts Co. | 6,426 | 1,002,520 | ||||||
LKQ Corp. | 11,825 | 629,327 | ||||||
Pool Corp. | 1,842 | 624,788 | ||||||
2,256,635 | ||||||||
Diversified Financial Services - 1.1% | ||||||||
Berkshire Hathaway, Inc., Class B* | 82,302 | 23,110,402 | ||||||
Diversified Telecommunication Services - 0.7% | ||||||||
AT&T, Inc. | 325,483 | 5,708,972 | ||||||
Lumen Technologies, Inc. | 42,295 | 421,258 | ||||||
Verizon Communications, Inc. | 191,010 | 7,986,128 | ||||||
14,116,358 | ||||||||
Electric Utilities - 1.4% | ||||||||
Alliant Energy Corp. | 11,429 | 697,626 | ||||||
American Electric Power Co., Inc. | 23,370 | 2,341,674 | ||||||
Constellation Energy Corp. | 14,876 | 1,213,733 | ||||||
Duke Energy Corp. | 35,033 | 3,745,378 | ||||||
Edison International | 17,373 | 1,177,368 | ||||||
Entergy Corp. | 9,290 | 1,071,137 | ||||||
Evergy, Inc. | 10,396 | 712,438 | ||||||
Eversource Energy | 15,700 | 1,408,133 | ||||||
Exelon Corp. | 44,581 | 1,957,552 | ||||||
FirstEnergy Corp. | 25,946 | 1,026,164 | ||||||
NextEra Energy, Inc. | 89,368 | 7,601,642 | ||||||
NRG Energy, Inc. | 10,814 | 446,402 | ||||||
Pinnacle West Capital Corp. | 5,144 | 387,600 | ||||||
PPL Corp. | 33,482 | 973,657 | ||||||
Southern Co. (The) | 48,358 | 3,726,951 | ||||||
Xcel Energy, Inc. | 24,793 | 1,840,880 | ||||||
30,328,335 | ||||||||
Electrical Equipment - 0.4% | ||||||||
AMETEK, Inc. | 10,491 | 1,260,599 | ||||||
Eaton Corp. plc | 18,176 | 2,483,569 | ||||||
Emerson Electric Co. | 27,044 | 2,210,576 | ||||||
Generac Holdings, Inc.* | 2,883 | 635,442 | ||||||
Rockwell Automation, Inc. | 5,299 | 1,255,545 | ||||||
7,845,731 | ||||||||
Electronic Equipment, Instruments & Components - 0.4% | ||||||||
Amphenol Corp., Class A | 27,147 | 1,996,119 | ||||||
CDW Corp. | 6,158 | 1,051,170 | ||||||
Corning, Inc. | 34,546 | 1,185,619 | ||||||
Keysight Technologies, Inc.* | 8,284 | 1,357,665 | ||||||
TE Connectivity Ltd. | 14,627 | 1,846,074 | ||||||
Teledyne Technologies, Inc.* | 2,121 | 781,291 | ||||||
Trimble, Inc.* | 11,395 | 720,734 | ||||||
Zebra Technologies Corp., Class A* | 2,385 | 719,411 | ||||||
9,658,083 | ||||||||
Energy Equipment & Services - 0.2% | ||||||||
Baker Hughes Co. | 42,563 | 1,075,141 | ||||||
Halliburton Co. | 41,014 | 1,235,752 | ||||||
Schlumberger NV | 64,320 | 2,453,808 | ||||||
4,764,701 | ||||||||
Entertainment - 1.0% | ||||||||
Activision Blizzard, Inc. | 35,563 | 2,791,340 | ||||||
Electronic Arts, Inc. | 12,764 | 1,619,369 | ||||||
Live Nation Entertainment, Inc.*(b) | 6,224 | 562,400 | ||||||
Netflix, Inc.* | 20,203 | 4,516,583 | ||||||
Take-Two Interactive Software, Inc.* | 7,182 | 880,226 | ||||||
Walt Disney Co. (The)* | 82,843 | 9,285,043 | ||||||
Warner Bros Discovery, Inc.* | 100,463 | 1,330,130 | ||||||
20,985,091 | ||||||||
Equity Real Estate Investment Trusts (REITs) - 2.0% | ||||||||
Alexandria Real Estate Equities, Inc. | 6,775 | 1,039,285 | ||||||
American Tower Corp. | 21,147 | 5,372,395 | ||||||
AvalonBay Communities, Inc. | 6,361 | 1,277,989 | ||||||
Boston Properties, Inc. | 6,468 | 513,753 | ||||||
Camden Property Trust | 4,861 | 624,687 | ||||||
Crown Castle, Inc. | 19,691 | 3,363,814 | ||||||
Digital Realty Trust, Inc. | 12,933 | 1,598,907 | ||||||
Duke Realty Corp. | 17,490 | 1,029,286 | ||||||
Equinix, Inc. | 4,137 | 2,719,540 | ||||||
Equity Residential | 15,571 | 1,139,486 | ||||||
Essex Property Trust, Inc. | 2,955 | 783,252 | ||||||
Extra Space Storage, Inc. | 6,125 | 1,217,221 | ||||||
Federal Realty Investment Trust | 3,264 | 330,545 | ||||||
Healthpeak Properties, Inc. | 24,560 | 644,700 | ||||||
Host Hotels & Resorts, Inc. | 32,542 | 578,271 | ||||||
Iron Mountain, Inc. | 13,223 | 695,662 | ||||||
Kimco Realty Corp. | 28,098 | 592,306 |
UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Mid-America Apartment Communities, Inc.(b) | 5,268 | 872,750 | ||||||
Prologis, Inc. | 33,677 | 4,193,123 | ||||||
Public Storage | 6,943 | 2,296,953 | ||||||
Realty Income Corp. | 27,378 | 1,869,370 | ||||||
Regency Centers Corp. | 7,045 | 428,618 | ||||||
SBA Communications Corp. | 4,901 | 1,594,050 | ||||||
Simon Property Group, Inc. | 14,937 | 1,523,275 | ||||||
UDR, Inc. | 13,585 | 609,559 | ||||||
Ventas, Inc. | 18,194 | 870,765 | ||||||
VICI Properties, Inc. | 43,810 | 1,445,292 | ||||||
Vornado Realty Trust | 7,233 | 189,649 | ||||||
Welltower, Inc. | 20,695 | 1,586,272 | ||||||
Weyerhaeuser Co. | 33,864 | 1,156,794 | ||||||
42,157,569 | ||||||||
Food & Staples Retailing - 1.1% | ||||||||
Costco Wholesale Corp. | 20,178 | 10,534,934 | ||||||
Kroger Co. (The) | 29,834 | 1,430,242 | ||||||
Sysco Corp. | 23,185 | 1,906,271 | ||||||
Walgreens Boots Alliance, Inc. | 32,627 | 1,143,903 | ||||||
Walmart, Inc. | 63,852 | 8,463,582 | ||||||
23,478,932 | ||||||||
Food Products - 0.8% | ||||||||
Archer-Daniels-Midland Co. | 25,577 | 2,247,963 | ||||||
Campbell Soup Co. | 9,213 | 464,151 | ||||||
Conagra Brands, Inc. | 21,848 | 751,134 | ||||||
General Mills, Inc. | 27,405 | 2,104,704 | ||||||
Hershey Co. (The) | 6,650 | 1,494,055 | ||||||
Hormel Foods Corp. | 12,886 | 647,908 | ||||||
J M Smucker Co. (The) | 4,926 | 689,591 | ||||||
Kellogg Co. | 11,544 | 839,711 | ||||||
Kraft Heinz Co. (The) | 32,261 | 1,206,561 | ||||||
Lamb Weston Holdings, Inc. | 6,562 | 521,876 | ||||||
McCormick & Co., Inc. (Non-Voting) | 11,398 | 958,230 | ||||||
Mondelez International, Inc., Class A | 62,963 | 3,894,891 | ||||||
Tyson Foods, Inc., Class A | 13,281 | 1,001,122 | ||||||
16,821,897 | ||||||||
Gas Utilities - 0.0%(c) | ||||||||
Atmos Energy Corp. | 6,325 | 717,129 | ||||||
Health Care Equipment & Supplies - 1.8% | ||||||||
Abbott Laboratories | 79,639 | 8,174,943 | ||||||
ABIOMED, Inc.* | 2,044 | 529,968 | ||||||
Align Technology, Inc.* | 3,351 | 816,639 | ||||||
Baxter International, Inc. | 22,890 | 1,315,259 | ||||||
Becton Dickinson and Co. | 12,948 | 3,268,334 | ||||||
Boston Scientific Corp.* | 65,008 | 2,620,473 | ||||||
Cooper Cos., Inc. (The) | 2,246 | 645,590 | ||||||
DENTSPLY SIRONA, Inc. | 9,808 | 321,408 | ||||||
Dexcom, Inc.* | 17,853 | 1,467,695 | ||||||
Edwards Lifesciences Corp.* | 28,259 | 2,546,136 | ||||||
Hologic, Inc.* | 11,364 | 767,752 | ||||||
IDEXX Laboratories, Inc.* | 3,816 | 1,326,518 | ||||||
Intuitive Surgical, Inc.* | 16,299 | 3,353,356 | ||||||
Medtronic plc | 61,039 | 5,366,549 | ||||||
ResMed, Inc. | 6,669 | 1,466,647 | ||||||
STERIS plc | 4,542 | 914,668 | ||||||
Stryker Corp. | 15,312 | 3,142,023 | ||||||
Teleflex, Inc. | 2,124 | 480,576 | ||||||
Zimmer Biomet Holdings, Inc. | 9,515 | 1,011,635 | ||||||
39,536,169 | ||||||||
Health Care Providers & Services - 2.4% | ||||||||
AmerisourceBergen Corp. | 6,881 | 1,008,479 | ||||||
Cardinal Health, Inc. | 12,420 | 878,342 | ||||||
Centene Corp.* | 26,620 | 2,388,879 | ||||||
Cigna Corp. | 14,434 | 4,091,317 | ||||||
CVS Health Corp. | 59,682 | 5,857,788 | ||||||
DaVita, Inc.* | 2,760 | 235,401 | ||||||
Elevance Health, Inc. | 10,976 | 5,324,567 | ||||||
HCA Healthcare, Inc. | 10,315 | 2,041,029 | ||||||
Henry Schein, Inc.* | 6,246 | 458,519 | ||||||
Humana, Inc. | 5,737 | 2,763,972 | ||||||
Laboratory Corp. of America Holdings | 4,213 | 949,063 | ||||||
McKesson Corp. | 6,594 | 2,419,998 | ||||||
Molina Healthcare, Inc.* | 2,668 | 900,103 | ||||||
Quest Diagnostics, Inc. | 5,352 | 670,659 | ||||||
UnitedHealth Group, Inc. | 42,681 | 22,165,524 | ||||||
Universal Health Services, Inc., Class B | 3,041 | 297,532 | ||||||
52,451,172 | ||||||||
Hotels, Restaurants & Leisure - 1.3% | ||||||||
Booking Holdings, Inc.* | 1,868 | 3,504,013 | ||||||
Caesars Entertainment, Inc.* | 9,761 | 420,894 | ||||||
Carnival Corp.* | 44,403 | 420,052 | ||||||
Chipotle Mexican Grill, Inc.* | 1,257 | 2,007,178 | ||||||
Darden Restaurants, Inc. | 5,657 | 699,828 | ||||||
Domino's Pizza, Inc. | 1,644 | 611,338 | ||||||
Expedia Group, Inc.* | 6,914 | 709,722 | ||||||
Hilton Worldwide Holdings, Inc. | 12,659 | 1,612,250 | ||||||
Las Vegas Sands Corp.* | 15,661 | 589,323 | ||||||
Marriott International, Inc., Class A | 12,526 | 1,925,747 | ||||||
McDonald's Corp. | 33,634 | 8,485,186 | ||||||
MGM Resorts International | 16,087 | 525,080 | ||||||
Norwegian Cruise Line Holdings Ltd.* | 19,076 | 249,514 | ||||||
Penn Entertainment, Inc.* | 7,459 | 232,945 | ||||||
Royal Caribbean Cruises Ltd.* | 10,210 | 417,079 | ||||||
Starbucks Corp. | 52,186 | 4,387,277 | ||||||
Wynn Resorts Ltd.* | 4,814 | 291,680 | ||||||
Yum! Brands, Inc. | 12,951 | 1,440,669 | ||||||
28,529,775 | ||||||||
Household Durables - 0.2% | ||||||||
DR Horton, Inc. | 14,543 | 1,034,734 | ||||||
Garmin Ltd. | 6,947 | 614,740 | ||||||
Lennar Corp., Class A | 11,770 | 911,587 | ||||||
Mohawk Industries, Inc.* | 2,333 | 257,470 | ||||||
Newell Brands, Inc. | 16,770 | 299,345 | ||||||
NVR, Inc.* | 150 | 621,009 | ||||||
PulteGroup, Inc. | 10,826 | 440,185 | ||||||
Whirlpool Corp. | 2,574 | 403,088 | ||||||
4,582,158 | ||||||||
Household Products - 1.0% | ||||||||
Church & Dwight Co., Inc. | 11,037 | 923,907 | ||||||
Clorox Co. (The) | 5,608 | 809,459 | ||||||
Colgate-Palmolive Co. | 38,101 | 2,979,879 | ||||||
Kimberly-Clark Corp. | 15,331 | 1,955,009 | ||||||
Procter & Gamble Co. (The) | 109,173 | 15,059,324 | ||||||
21,727,578 | ||||||||
Independent Power and Renewable Electricity Producers - 0.0%(c) | ||||||||
AES Corp. (The) | 30,391 | 773,451 | ||||||
Industrial Conglomerates - 0.6% | ||||||||
3M Co. | 25,912 | 3,222,157 |
UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
General Electric Co. | 50,058 | 3,676,260 | ||||||
Honeywell International, Inc. | 30,977 | 5,865,495 | ||||||
12,763,912 | ||||||||
Insurance - 1.5% | ||||||||
Aflac, Inc. | 26,989 | 1,603,686 | ||||||
Allstate Corp. (The) | 12,515 | 1,508,057 | ||||||
American International Group, Inc. | 36,040 | 1,865,070 | ||||||
Aon plc, Class A | 9,650 | 2,694,859 | ||||||
Arthur J Gallagher & Co. | 9,536 | 1,731,452 | ||||||
Assurant, Inc. | 2,466 | 390,836 | ||||||
Brown & Brown, Inc. | 10,676 | 673,015 | ||||||
Chubb Ltd. | 19,288 | 3,646,396 | ||||||
Cincinnati Financial Corp. | 6,805 | 659,813 | ||||||
Everest Re Group Ltd. | 1,810 | 486,980 | ||||||
Globe Life, Inc. | 4,144 | 402,755 | ||||||
Hartford Financial Services Group, Inc. (The) | 14,960 | 962,078 | ||||||
Lincoln National Corp. | 7,351 | 338,587 | ||||||
Loews Corp. | 8,843 | 489,106 | ||||||
Marsh & McLennan Cos., Inc. | 22,826 | 3,683,432 | ||||||
MetLife, Inc. | 31,407 | 2,020,412 | ||||||
Principal Financial Group, Inc. | 10,710 | 800,680 | ||||||
Progressive Corp. (The) | 26,615 | 3,264,330 | ||||||
Prudential Financial, Inc. | 17,045 | 1,632,059 | ||||||
Travelers Cos., Inc. (The) | 10,912 | 1,763,816 | ||||||
W R Berkley Corp. | 9,512 | 616,378 | ||||||
Willis Towers Watson plc | 5,076 | 1,049,869 | ||||||
32,283,666 | ||||||||
Interactive Media & Services - 3.5% | ||||||||
Alphabet, Inc., Class A* | 273,645 | 29,613,862 | ||||||
Alphabet, Inc., Class C* | 251,086 | 27,406,037 | ||||||
Match Group, Inc.* | 12,972 | 733,307 | ||||||
Meta Platforms, Inc., Class A* | 104,353 | 17,002,234 | ||||||
Twitter, Inc.* | 34,695 | 1,344,431 | ||||||
76,099,871 | ||||||||
Internet & Direct Marketing Retail - 2.4% | ||||||||
Amazon.com, Inc.* | 398,086 | 50,465,362 | ||||||
eBay, Inc. | 25,443 | 1,122,799 | ||||||
Etsy, Inc.* | 5,765 | 608,842 | ||||||
52,197,003 | ||||||||
IT Services - 3.1% | ||||||||
Accenture plc, Class A | 28,804 | 8,308,802 | ||||||
Akamai Technologies, Inc.* | 7,279 | 657,148 | ||||||
Automatic Data Processing, Inc. | 19,014 | 4,647,212 | ||||||
Broadridge Financial Solutions, Inc. | 5,344 | 914,733 | ||||||
Cognizant Technology Solutions Corp., Class A | 23,702 | 1,497,255 | ||||||
DXC Technology Co.* | 11,120 | 275,554 | ||||||
EPAM Systems, Inc.* | 2,618 | 1,116,577 | ||||||
Fidelity National Information Services, Inc. | 27,797 | 2,539,812 | ||||||
Fiserv, Inc.* | 26,479 | 2,679,410 | ||||||
FleetCor Technologies, Inc.* | 3,529 | 750,018 | ||||||
Gartner, Inc.* | 3,654 | 1,042,559 | ||||||
Global Payments, Inc. | 12,780 | 1,587,659 | ||||||
International Business Machines Corp. | 40,928 | 5,257,202 | ||||||
Jack Henry & Associates, Inc. | 3,332 | 640,410 | ||||||
Mastercard, Inc., Class A | 39,108 | 12,685,462 | ||||||
Paychex, Inc. | 14,604 | 1,801,257 | ||||||
PayPal Holdings, Inc.* | 52,712 | 4,925,409 | ||||||
VeriSign, Inc.* | 4,331 | 789,195 | ||||||
Visa, Inc., Class A | 74,833 | 14,870,066 | ||||||
66,985,740 | ||||||||
Leisure Products - 0.0%(c) | ||||||||
Hasbro, Inc. | 5,972 | 470,713 | ||||||
Life Sciences Tools & Services - 1.3% | ||||||||
Agilent Technologies, Inc. | 13,656 | 1,751,382 | ||||||
Bio-Rad Laboratories, Inc., Class A* | 993 | 481,645 | ||||||
Bio-Techne Corp. | 1,798 | 596,594 | ||||||
Charles River Laboratories International, Inc.* | 2,300 | 472,075 | ||||||
Danaher Corp. | 29,445 | 7,947,500 | ||||||
Illumina, Inc.* | 7,127 | 1,437,088 | ||||||
IQVIA Holdings, Inc.* | 8,624 | 1,833,980 | ||||||
Mettler-Toledo International, Inc.* | 1,039 | 1,259,746 | ||||||
PerkinElmer, Inc. | 5,716 | 772,003 | ||||||
Thermo Fisher Scientific, Inc. | 17,796 | 9,704,515 | ||||||
Waters Corp.* | 2,744 | 819,358 | ||||||
West Pharmaceutical Services, Inc. | 3,388 | 1,005,186 | ||||||
28,081,072 | ||||||||
Machinery - 1.1% | ||||||||
Caterpillar, Inc. | 24,284 | 4,485,498 | ||||||
Cummins, Inc. | 6,401 | 1,378,583 | ||||||
Deere & Co. | 12,697 | 4,637,579 | ||||||
Dover Corp. | 6,548 | 818,238 | ||||||
Fortive Corp. | 16,275 | 1,030,696 | ||||||
IDEX Corp. | 3,452 | 694,577 | ||||||
Illinois Tool Works, Inc. | 12,889 | 2,511,164 | ||||||
Ingersoll Rand, Inc. | 18,472 | 875,018 | ||||||
Nordson Corp. | 2,463 | 559,520 | ||||||
Otis Worldwide Corp. | 19,236 | 1,389,224 | ||||||
PACCAR, Inc. | 15,826 | 1,384,933 | ||||||
Parker-Hannifin Corp. | 5,847 | 1,549,455 | ||||||
Pentair plc | 7,542 | 335,619 | ||||||
Snap-on, Inc. | 2,429 | 529,182 | ||||||
Stanley Black & Decker, Inc. | 6,887 | 606,745 | ||||||
Westinghouse Air Brake Technologies Corp. | 8,317 | 728,985 | ||||||
Xylem, Inc. | 8,207 | 747,658 | ||||||
24,262,674 | ||||||||
Media - 0.6% | ||||||||
Charter Communications, Inc., Class A* | 5,281 | 2,179,099 | ||||||
Comcast Corp., Class A | 203,389 | 7,360,648 | ||||||
DISH Network Corp., Class A*(b) | 11,426 | 198,241 | ||||||
Fox Corp., Class A | 14,187 | 484,912 | ||||||
Fox Corp., Class B | 6,566 | 207,617 | ||||||
Interpublic Group of Cos., Inc. (The) | 17,885 | 494,341 | ||||||
News Corp., Class A | 17,676 | 299,078 | ||||||
News Corp., Class B | 5,487 | 94,596 | ||||||
Omnicom Group, Inc. | 9,374 | 627,120 | ||||||
Paramount Global, Class B | 27,700 | 647,903 | ||||||
12,593,555 | ||||||||
Metals & Mining - 0.2% | ||||||||
Freeport-McMoRan, Inc. | 65,945 | 1,951,972 | ||||||
Newmont Corp. | 36,104 | 1,493,261 | ||||||
Nucor Corp. | 12,086 | 1,606,713 | ||||||
5,051,946 | ||||||||
Multiline Retail - 0.3% | ||||||||
Dollar General Corp. | 10,381 | 2,464,657 | ||||||
Dollar Tree, Inc.* | 10,230 | 1,388,006 |
UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Target Corp. | 21,023 | 3,370,828 | ||||||
7,223,491 | ||||||||
Multi-Utilities - 0.7% | ||||||||
Ameren Corp. | 11,752 | 1,088,470 | ||||||
CenterPoint Energy, Inc. | 28,655 | 903,492 | ||||||
CMS Energy Corp. | 13,202 | 891,663 | ||||||
Consolidated Edison, Inc. | 16,118 | 1,575,373 | ||||||
Dominion Energy, Inc. | 36,900 | 3,018,420 | ||||||
DTE Energy Co. | 8,774 | 1,143,603 | ||||||
NiSource, Inc. | 18,464 | 544,873 | ||||||
Public Service Enterprise Group, Inc. | 22,703 | 1,461,165 | ||||||
Sempra Energy | 14,286 | 2,356,762 | ||||||
WEC Energy Group, Inc. | 14,348 | 1,479,853 | ||||||
14,463,674 | ||||||||
Oil, Gas & Consumable Fuels - 3.1% | ||||||||
APA Corp. | 15,394 | 602,059 | ||||||
Chevron Corp. | 89,405 | 14,131,354 | ||||||
ConocoPhillips | 58,859 | 6,442,118 | ||||||
Coterra Energy, Inc.(b) | 36,689 | 1,134,057 | ||||||
Devon Energy Corp. | 27,905 | 1,970,651 | ||||||
Diamondback Energy, Inc. | 7,602 | 1,013,195 | ||||||
EOG Resources, Inc. | 26,654 | 3,233,130 | ||||||
Exxon Mobil Corp. | 191,680 | 18,322,691 | ||||||
Hess Corp. | 12,597 | 1,521,466 | ||||||
Kinder Morgan, Inc. | 88,718 | 1,625,314 | ||||||
Marathon Oil Corp. | 32,170 | 823,230 | ||||||
Marathon Petroleum Corp. | 24,597 | 2,478,148 | ||||||
Occidental Petroleum Corp. | 40,499 | 2,875,429 | ||||||
ONEOK, Inc. | 20,311 | 1,243,642 | ||||||
Phillips 66 | 21,879 | 1,957,295 | ||||||
Pioneer Natural Resources Co. | 10,226 | 2,589,428 | ||||||
Valero Energy Corp. | 18,561 | 2,173,864 | ||||||
Williams Cos., Inc. (The) | 55,390 | 1,884,922 | ||||||
66,021,993 | ||||||||
Personal Products - 0.1% | ||||||||
Estee Lauder Cos., Inc. (The), Class A | 10,555 | 2,684,981 | ||||||
Pharmaceuticals - 2.9% | ||||||||
Bristol-Myers Squibb Co. | 96,830 | 6,527,310 | ||||||
Catalent, Inc.* | 8,141 | 716,408 | ||||||
Eli Lilly & Co. | 35,881 | 10,808,434 | ||||||
Johnson & Johnson | 119,733 | 19,317,722 | ||||||
Merck & Co., Inc. | 115,031 | 9,819,046 | ||||||
Organon & Co. | 11,559 | 329,778 | ||||||
Pfizer, Inc. | 255,250 | 11,544,958 | ||||||
Viatris, Inc. | 55,183 | 526,998 | ||||||
Zoetis, Inc. | 21,410 | 3,351,307 | ||||||
62,941,961 | ||||||||
Professional Services - 0.2% | ||||||||
Equifax, Inc. | 5,577 | 1,052,659 | ||||||
Jacobs Solutions, Inc. | 5,860 | 730,039 | ||||||
Leidos Holdings, Inc. | 6,212 | 590,451 | ||||||
Nielsen Holdings plc | 16,335 | 454,766 | ||||||
Robert Half International, Inc. | 5,014 | 385,927 | ||||||
Verisk Analytics, Inc. | 7,173 | 1,342,499 | ||||||
4,556,341 | ||||||||
Real Estate Management & Development - 0.1% | ||||||||
CBRE Group, Inc., Class A* | 14,886 | 1,175,399 | ||||||
Road & Rail - 0.7% | ||||||||
CSX Corp. | 98,898 | 3,130,122 | ||||||
JB Hunt Transport Services, Inc. | 3,807 | 662,494 | ||||||
Norfolk Southern Corp. | 10,870 | 2,642,823 | ||||||
Old Dominion Freight Line, Inc. | 4,174 | 1,132,865 | ||||||
Union Pacific Corp. | 28,595 | 6,419,864 | ||||||
13,988,168 | ||||||||
Semiconductors & Semiconductor Equipment - 3.6% | ||||||||
Advanced Micro Devices, Inc.* | 73,745 | 6,258,780 | ||||||
Analog Devices, Inc. | 23,791 | 3,605,050 | ||||||
Applied Materials, Inc. | 40,184 | 3,780,109 | ||||||
Broadcom, Inc. | 18,569 | 9,267,974 | ||||||
Enphase Energy, Inc.* | 6,153 | 1,762,465 | ||||||
Intel Corp. | 186,055 | 5,938,876 | ||||||
KLA Corp. | 6,811 | 2,343,869 | ||||||
Lam Research Corp. | 6,312 | 2,764,088 | ||||||
Microchip Technology, Inc. | 25,283 | 1,649,716 | ||||||
Micron Technology, Inc. | 50,793 | 2,871,328 | ||||||
Monolithic Power Systems, Inc. | 1,999 | 905,907 | ||||||
NVIDIA Corp. | 113,924 | 17,195,689 | ||||||
NXP Semiconductors NV | 11,946 | 1,966,073 | ||||||
ON Semiconductor Corp.* | 19,784 | 1,360,546 | ||||||
Qorvo, Inc.* | 4,925 | 442,166 | ||||||
QUALCOMM, Inc. | 50,959 | 6,740,347 | ||||||
Skyworks Solutions, Inc. | 7,309 | 720,302 | ||||||
SolarEdge Technologies, Inc.* | 2,533 | 699,032 | ||||||
Teradyne, Inc. | 7,274 | 615,671 | ||||||
Texas Instruments, Inc. | 41,954 | 6,931,220 | ||||||
77,819,208 | ||||||||
Software - 6.2% | ||||||||
Adobe, Inc.* | 21,508 | 8,031,948 | ||||||
ANSYS, Inc.* | 3,968 | 985,254 | ||||||
Autodesk, Inc.* | 9,909 | 1,999,042 | ||||||
Cadence Design Systems, Inc.* | 12,552 | 2,181,161 | ||||||
Ceridian HCM Holding, Inc.* | 6,222 | 371,080 | ||||||
Citrix Systems, Inc. | 5,657 | 581,370 | ||||||
Fortinet, Inc.* | 29,351 | 1,429,100 | ||||||
Intuit, Inc. | 12,865 | 5,554,850 | ||||||
Microsoft Corp. | 340,226 | 88,958,892 | ||||||
NortonLifeLock, Inc. | 26,499 | 598,612 | ||||||
Oracle Corp. | 71,608 | 5,309,733 | ||||||
Paycom Software, Inc.* | 2,185 | 767,372 | ||||||
PTC, Inc.* | 4,801 | 551,587 | ||||||
Roper Technologies, Inc. | 4,835 | 1,946,474 | ||||||
Salesforce, Inc.* | 45,218 | 7,059,434 | ||||||
ServiceNow, Inc.* | 9,130 | 3,968,081 | ||||||
Synopsys, Inc.* | 6,965 | 2,410,029 | ||||||
Tyler Technologies, Inc.* | 1,882 | 699,182 | ||||||
133,403,201 | ||||||||
Specialty Retail - 1.5% | ||||||||
Advance Auto Parts, Inc. | 2,789 | 470,337 | ||||||
AutoZone, Inc.* | 915 | 1,939,077 | ||||||
Bath & Body Works, Inc. | 10,887 | 406,412 | ||||||
Best Buy Co., Inc. | 9,227 | 652,257 | ||||||
CarMax, Inc.* | 7,291 | 644,816 | ||||||
Home Depot, Inc. (The) | 46,999 | 13,555,452 | ||||||
Lowe's Cos., Inc. | 30,102 | 5,844,002 | ||||||
O'Reilly Automotive, Inc.* | 2,972 | 2,071,841 | ||||||
Ross Stores, Inc. | 16,008 | 1,381,010 | ||||||
TJX Cos., Inc. (The) | 53,464 | 3,333,480 | ||||||
Tractor Supply Co. | 5,090 | 942,413 | ||||||
Ulta Beauty, Inc.* | 2,371 | 995,512 | ||||||
32,236,609 | ||||||||
Technology Hardware, Storage & Peripherals - 5.3% | ||||||||
Apple, Inc. | 699,449 | 109,967,372 |
UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Shares | Value ($) | ||||||
Hewlett Packard Enterprise Co. | 59,154 | 804,494 | ||||||
HP, Inc.(b) | 47,890 | 1,374,922 | ||||||
NetApp, Inc. | 10,149 | 732,047 | ||||||
Seagate Technology Holdings plc | 8,999 | 602,573 | ||||||
Western Digital Corp.* | 14,241 | 601,825 | ||||||
114,083,233 | ||||||||
Textiles, Apparel & Luxury Goods - 0.4% | ||||||||
NIKE, Inc., Class B | 57,716 | 6,143,868 | ||||||
PVH Corp. | 3,063 | 172,294 | ||||||
Ralph Lauren Corp. | 2,096 | 191,428 | ||||||
Tapestry, Inc. | 11,472 | 398,422 | ||||||
VF Corp. | 14,656 | 607,491 | ||||||
7,513,503 | ||||||||
Tobacco - 0.5% | ||||||||
Altria Group, Inc. | 82,372 | 3,716,625 | ||||||
Philip Morris International, Inc. | 70,507 | 6,732,713 | ||||||
10,449,338 | ||||||||
Trading Companies & Distributors - 0.2% | ||||||||
Fastenal Co. | 26,188 | 1,318,042 | ||||||
United Rentals, Inc.*(b) | 3,273 | 955,847 | ||||||
WW Grainger, Inc. | 1,959 | 1,087,127 | ||||||
3,361,016 | ||||||||
Water Utilities - 0.1% | ||||||||
American Water Works Co., Inc. | 8,274 | 1,228,275 | ||||||
Wireless Telecommunication Services - 0.2% | ||||||||
T-Mobile US, Inc.* | 26,775 | 3,854,529 | ||||||
TOTAL COMMON STOCKS (Cost $1,826,816,201) | 1,516,453,648 |
Investments | Principal
Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 53.2% | ||||||||
REPURCHASE AGREEMENTS(d) - 16.1% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $346,297,607 | ||||||||
(Cost $346,276,437) | 346,276,437 | 346,276,437 | ||||||
U.S. TREASURY OBLIGATIONS - 37.1% | ||||||||
U.S. Treasury Bills | ||||||||
2.02%, 9/22/2022(e) | 175,000,000 | 174,790,730 | ||||||
1.68%, 9/29/2022(e) | 100,000,000 | 99,834,644 | ||||||
2.49%, 11/10/2022(e) | 200,000,000 | 198,989,212 | ||||||
2.61%, 11/17/2022(e) | 75,000,000 | 74,570,885 | ||||||
2.59%, 12/1/2022(e) | 250,000,000 | 248,189,005 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $796,664,249) | 796,374,476 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,142,940,686) | 1,142,650,913 | |||||||
Total Investments - 123.7% (Cost $2,969,756,887) | 2,659,104,561 | |||||||
Liabilities in excess of other assets - (23.7%) | (509,556,040 | ) | ||||||
Net Assets - 100.0% | 2,149,548,521 |
* | Non-income producing security. |
(a) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,699,296,472. |
(b) | The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $294,080, collateralized in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from December 15, 2022 – May 15, 2051. The total value of collateral is $306,852. |
(c) | Represents less than 0.05% of net assets. |
(d) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(e) | The rate shown was the current yield as of August 31, 2022. |
UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Purchased
UltraPro S&P500® had the following open long futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading
Currency | Notional Amount | Value
and Unrealized Appreciation | ||||||||||
S&P 500 E-Mini Index | 273 | 9/16/2022 | USD | $ | 54,006,225 | $ | 3,344,903 |
Swap Agreements
UltraPro S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and
Unrealized Depreciation ($) | |||||||||||
562,658,075 | 5/8/2023 | Bank of America NA | 2.68 | % | S&P 500® | (157,720,912 | ) | |||||||||
555,784,285 | 5/8/2023 | BNP Paribas SA | 2.93 | % | S&P 500® | (130,451,597 | ) | |||||||||
461,390,300 | 4/10/2023 | Citibank NA | 2.99 | % | S&P 500® | (68,833,344 | ) | |||||||||
339,058,195 | 11/6/2023 | Credit Suisse International | 2.93 | % | S&P 500® | (40,847,068 | ) | |||||||||
862,557,815 | 4/8/2024 | Goldman Sachs International | 2.93 | % | S&P 500® | (32,340,407 | ) | |||||||||
551,967,710 | 5/8/2023 | J.P. Morgan Securities | 2.73 | % | S&P 500® | (175,185,133 | ) | |||||||||
350,859,915 | 4/10/2023 | Morgan Stanley & Co. International plc | 2.88 | % | S&P 500® | (116,097,354 | ) | |||||||||
582,440,985 | 3/7/2023 | Societe Generale | 2.83 | % | S&P 500® | (208,961,372 | ) | |||||||||
611,237,340 | 3/7/2023 | UBS AG | 2.83 | % | S&P 500® | (151,724,826 | ) | |||||||||
4,877,954,620 | (1,082,162,013 | ) | ||||||||||||||
Total Unrealized Depreciation | (1,082,162,013 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraPro Short 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 88.8% | ||||||||
REPURCHASE AGREEMENTS(a) - 33.3% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $128,977,143 | ||||||||
(Cost $128,969,258) | 128,969,258 | 128,969,258 | ||||||
U.S. TREASURY OBLIGATIONS - 55.5% | ||||||||
U.S. Treasury Bills | ||||||||
1.35%, 9/8/2022(b) | 50,000,000 | 49,980,215 | ||||||
1.53%, 9/15/2022(b) | 50,000,000 | 49,958,389 | ||||||
1.67%, 9/22/2022(b) | 75,000,000 | 74,910,313 | ||||||
0.69%, 12/29/2022(b) | 40,000,000 | 39,604,986 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $214,793,893) | 214,453,903 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $343,763,151) | 343,423,161 | |||||||
Total Investments - 88.8% (Cost $343,763,151) | 343,423,161 | |||||||
Other assets less liabilities - 11.2% | 43,418,888 | |||||||
Net Assets - 100.0% | 386,842,049 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | The rate shown was the current yield as of August 31, 2022. |
UltraPro Short 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
UltraPro Short 20+ Year Treasury had the following open short futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading
Currency | Notional Amount | Value
and Unrealized Appreciation | ||||||||||
U.S. Treasury Long Bond | 85 | 12/20/2022 | USD | $ | 11,514,844 | $ | 144,145 |
Swap Agreements
UltraPro Short 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional
Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and
Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(406,288,872 | ) | 1/16/2023 | Bank of America NA | (2.03 | )% | ICE U.S. Treasury 20+ Year Bond Index | 7,777,749 | |||||||||
(227,216,798 | ) | 2/17/2023 | Citibank NA | (1.88 | )% | ICE U.S. Treasury 20+ Year Bond Index | (1,685,715 | ) | ||||||||
(299,957,331 | ) | 1/16/2023 | Goldman Sachs International | (1.91 | )% | ICE U.S. Treasury 20+ Year Bond Index | 10,683,181 | |||||||||
(223,336,925 | ) | 1/16/2024 | Societe Generale | (2.05 | )% | ICE U.S. Treasury 20+ Year Bond Index | 9,959,456 | |||||||||
(1,156,799,926 | ) | 26,734,671 | ||||||||||||||
Total Unrealized Appreciation | 28,420,386 | |||||||||||||||
Total Unrealized Depreciation | (1,685,715 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraPro Short Dow30SM
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 76.5% | ||||||||
REPURCHASE AGREEMENTS(a) - 13.8% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $53,730,184 | ||||||||
(Cost $53,726,900) | 53,726,900 | 53,726,900 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 62.7% | ||||||||
U.S. Treasury Bills | ||||||||
1.90%, 9/1/2022(c) | 25,000,000 | 25,000,000 | ||||||
0.11%, 9/8/2022(c) | 20,000,000 | 19,992,086 | ||||||
2.09%, 9/22/2022(c) | 50,000,000 | 49,940,209 | ||||||
1.68%, 9/29/2022(c) | 50,000,000 | 49,917,322 | ||||||
2.62%, 11/17/2022(c) | 100,000,000 | 99,427,847 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $244,316,027) | 244,277,464 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $298,042,927) | 298,004,364 | |||||||
Total Investments - 76.5% (Cost $298,042,927) | 298,004,364 | |||||||
Other assets less liabilities - 23.5% | 91,313,183 | |||||||
Net Assets - 100.0% | 389,317,547 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $77,578,407. |
(c) | The rate shown was the current yield as of August 31, 2022. |
UltraPro Short Dow30SM
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
UltraPro Short Dow30SM had the following open short futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value
and Unrealized Appreciation | |||||||||||
DJIA CBOT E-Mini Index | 217 | 9/16/2022 | USD | $ | 34,212,220 | $ | 739,018 |
Swap Agreements
UltraPro Short Dow30SM had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination
Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(329,914,202 | ) | 5/8/2023 | Bank of America NA | (2.53 | )% | Dow Jones Industrial AverageSM | 15,005,149 | |||||||||
(70,016,175 | ) | 11/6/2023 | Barclays Capital | (2.53 | )% | Dow Jones Industrial AverageSM | 3,513,138 | |||||||||
(30,092,461 | ) | 5/8/2023 | BNP Paribas SA | (2.63 | )% | Dow Jones Industrial AverageSM | 15,974,010 | |||||||||
(112,051,089 | ) | 4/10/2023 | Citibank NA | (2.81 | )% | Dow Jones Industrial AverageSM | (8,683,918 | ) | ||||||||
(215,216,237 | ) | 3/7/2023 | Goldman Sachs International | (2.68 | )% | Dow Jones Industrial AverageSM | 13,368,683 | |||||||||
(128,720,107 | ) | 4/10/2023 | Morgan Stanley & Co. International plc | (2.13 | )% | Dow Jones Industrial AverageSM | 27,585,750 | |||||||||
(96,579,468 | ) | 4/10/2023 | Societe Generale | (2.43 | )% | Dow Jones Industrial AverageSM | (6,202,001 | ) | ||||||||
(151,146,993 | ) | 3/7/2023 | UBS AG | (2.53 | )% | Dow Jones Industrial AverageSM | 22,648,787 | |||||||||
(1,133,736,732 | ) | 83,209,598 | ||||||||||||||
Total Unrealized Appreciation | 98,095,517 | |||||||||||||||
Total Unrealized Depreciation | (14,885,919 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraPro Short MidCap400 Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 67.2% | ||||||||
REPURCHASE AGREEMENTS(a) - 67.2% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $6,807,376 | ||||||||
(Cost $6,806,961) | 6,806,961 | 6,806,961 | ||||||
Total Investments - 67.2% (Cost $6,806,961) | 6,806,961 | |||||||
Other assets less liabilities - 32.8% | 3,319,914 | |||||||
Net Assets - 100.0% | 10,126,875 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
UltraPro Short MidCap400 Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Sold
UltraPro Short MidCap400 had the following open short futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||||
S&P Midcap 400 E-Mini Index | 2 | 9/16/2022 | USD | $ | 486,060 | $ | 3,341 |
Swap Agreements
UltraPro Short MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(5,817,313 | ) | 11/7/2022 | Bank of America NA | (2.43 | )% | S&P MidCap 400® | (879,605 | ) | |||||||
(8,620,503 | ) | 5/8/2023 | BNP Paribas SA | (2.48 | )% | S&P MidCap 400® | 622,504 | ||||||||
(4,424,511 | ) | 4/8/2024 | Citibank NA | (2.53 | )% | S&P MidCap 400® | (347,746 | ) | |||||||
(3,962,612 | ) | 4/10/2023 | Morgan Stanley & Co. International plc | (2.13 | )% | S&P MidCap 400® | 116,420 | ||||||||
(7,069,493 | ) | 3/7/2023 | Societe Generale | (2.06 | )% | S&P MidCap 400® | 219,600 | ||||||||
(29,894,432 | ) | (268,827 | ) | ||||||||||||
Total Unrealized Appreciation | 958,524 | ||||||||||||||
Total Unrealized Depreciation | (1,227,351 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraPro Short QQQ Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Investments | Principal Amount ($) |
Value ($) | ||||||
SHORT-TERM INVESTMENTS - 99.5% | ||||||||
REPURCHASE AGREEMENTS(a) - 6.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $357,163,676 | ||||||||
(Cost $357,141,840) | 357,141,840 | 357,141,840 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 92.8% | ||||||||
U.S. Treasury Bills | ||||||||
1.90%, 9/1/2022(c) | 200,000,000 | 200,000,000 | ||||||
2.07%, 9/6/2022(c) | 250,000,000 | 249,930,460 | ||||||
0.13%, 9/8/2022(c) | 400,000,000 | 399,841,724 | ||||||
1.44%, 9/13/2022(c) | 375,000,000 | 374,729,374 | ||||||
1.53%, 9/15/2022(c) | 100,000,000 | 99,916,778 | ||||||
1.87%, 9/22/2022(c) | 400,000,000 | 399,521,668 | ||||||
1.68%, 9/29/2022(c) | 275,000,000 | 274,545,271 | ||||||
1.34%, 10/6/2022(c) | 150,000,000 | 149,679,166 | ||||||
1.33%, 10/13/2022(c) | 125,000,000 | 124,663,490 | ||||||
1.97%, 10/20/2022(c) | 350,000,000 | 348,831,654 | ||||||
2.00%, 11/3/2022(c) | 410,000,000 | 408,116,444 | ||||||
2.42%, 11/8/2022(c) | 100,000,000 | 99,515,217 | ||||||
2.51%, 11/10/2022(c) | 450,000,000 | 447,725,727 | ||||||
2.61%, 11/17/2022(c) | 75,000,000 | 74,570,885 | ||||||
2.44%, 11/25/2022(c) | 250,000,000 | 248,347,888 | ||||||
2.59%, 12/1/2022(c) | 400,000,000 | 397,102,408 | ||||||
2.56%, 12/29/2022(c) | 345,000,000 | 341,593,004 | ||||||
2.97%, 1/12/2023(c) | 100,000,000 | 98,887,418 | ||||||
2.87%, 1/26/2023(c) | 200,000,000 | 197,520,498 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $4,937,772,849) |
4,935,039,074 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $5,294,914,689) |
5,292,180,914 | |||||||
Total Investments - 99.5% (Cost $5,294,914,689) |
5,292,180,914 | |||||||
Other assets less liabilities - 0.5% | 28,917,531 | |||||||
Net Assets - 100.0% | 5,321,098,445 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,323,941,680. |
(c) | The rate shown was the current yield as of August 31, 2022. |
UltraPro Short QQQ Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Sold
UltraPro Short QQQ had the following open short futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||||
NASDAQ 100 E-Mini Index | 607 | 9/16/2022 | USD | $ | 149,142,935 | $ | 5,199,640 |
Swap Agreements
UltraPro Short QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(1,474,533,493 | ) | 3/7/2023 | Bank of America NA | (2.63 | )% | NASDAQ-100 Index® | 54,304,820 | ||||||||
(1,997,371,059 | ) | 11/6/2023 | Barclays Capital | (2.53 | )% | NASDAQ-100 Index® | (70,635,204 | ) | |||||||
(2,177,426,283 | ) | 3/7/2023 | BNP Paribas SA | (2.68 | )% | NASDAQ-100 Index® | (40,870,385 | ) | |||||||
(2,304,478,609 | ) | 11/6/2023 | Citibank NA | (2.81 | )% | NASDAQ-100 Index® | 11,696,748 | ||||||||
(2,145,948,526 | ) | 11/6/2023 | Goldman Sachs International | (2.68 | )% | NASDAQ-100 Index® | (56,345,058 | ) | |||||||
(2,096,713,142 | ) | 5/8/2023 | J.P. Morgan Securities | (2.48 | )% | NASDAQ-100 Index® | 195,069,079 | ||||||||
(750,311,914 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (2.13 | )% | NASDAQ-100 Index® | 51,446,800 | ||||||||
(1,405,675,132 | ) | 11/6/2023 | Societe Generale | (2.88 | )% | NASDAQ-100 Index® | 3,044,418 | ||||||||
(1,462,478,726 | ) | 11/6/2023 | UBS AG | (2.48 | )% | NASDAQ-100 Index® | (61,896,796 | ) | |||||||
(15,814,936,884 | ) | 85,814,422 | |||||||||||||
Total Unrealized Appreciation | 315,561,865 | ||||||||||||||
Total Unrealized Depreciation | (229,747,443 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. | |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraPro Short Russell2000 Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 67.6% | ||||||||
REPURCHASE AGREEMENTS(a) - 18.1% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $36,587,587 | ||||||||
(Cost $36,585,350) | 36,585,350 | 36,585,350 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 49.5% | ||||||||
U.S. Treasury Bills | ||||||||
1.67%, 9/22/2022(c) | 50,000,000 | 49,940,209 | ||||||
1.68%, 9/29/2022(c) | 25,000,000 | 24,958,661 | ||||||
0.51%, 11/3/2022(c) | 25,000,000 | 24,885,149 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $99,896,988) | 99,784,019 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $136,482,338) | 136,369,369 | |||||||
Total Investments - 67.6% (Cost $136,482,338) | 136,369,369 | |||||||
Other assets less liabilities - 32.4% | 65,251,908 | |||||||
Net Assets - 100.0% | 201,621,277 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $27,994,971. |
(c) | The rate shown was the current yield as of August 31, 2022. |
UltraPro Short Russell2000 Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Sold
UltraPro Short Russell2000 had the following open short futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||||
Russell 2000 E-Mini Index | 55 | 9/16/2022 | USD | $ | 5,072,650 | $ | 213,150 |
Swap Agreements
UltraPro Short Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(116,349,219 | ) | 3/7/2023 | Bank of America NA | (1.68 | )% | Russell 2000® Index | 11,597,546 | ||||||||
(49,970,120 | ) | 11/6/2023 | Barclays Capital | (2.43 | )% | Russell 2000® Index | (2,057,130 | ) | |||||||
(35,744,578 | ) | 3/7/2023 | BNP Paribas SA | (2.18 | )% | Russell 2000® Index | 6,811,435 | ||||||||
(63,127,916 | ) | 11/6/2023 | Citibank NA | (2.14 | )% | Russell 2000® Index | 8,153,782 | ||||||||
(144,029,460 | ) | 11/6/2023 | Goldman Sachs International | (2.33 | )% | Russell 2000® Index | (5,082,523 | ) | |||||||
(95,442,430 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (2.03 | )% | Russell 2000® Index | (8,437,126 | ) | |||||||
(59,087,449 | ) | 11/7/2022 | Societe Generale | (1.98 | )% | Russell 2000® Index | (16,908,635 | ) | |||||||
(36,076,619 | ) | 11/6/2023 | UBS AG | (1.83 | )% | Russell 2000® Index | (9,655,164 | ) | |||||||
(599,827,791 | ) | (15,577,815 | ) | ||||||||||||
Total Unrealized Appreciation | 26,562,763 | ||||||||||||||
Total Unrealized Depreciation | (42,140,578 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraPro Short S&P500® Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 102.1% | ||||||||
REPURCHASE AGREEMENTS(a) - 5.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $70,928,054 | ||||||||
(Cost $70,923,715) | 70,923,715 | 70,923,715 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 96.2% | ||||||||
U.S. Treasury Bills | ||||||||
1.90%, 9/1/2022(c) | 75,000,000 | 75,000,000 | ||||||
0.14%, 9/8/2022(c) | 75,000,000 | 74,970,323 | ||||||
1.51%, 9/13/2022(c) | 75,000,000 | 74,945,875 | ||||||
1.78%, 9/22/2022(c) | 225,000,000 | 224,730,938 | ||||||
1.68%, 9/29/2022(c) | 50,000,000 | 49,917,322 | ||||||
1.34%, 10/6/2022(c) | 50,000,000 | 49,893,055 | ||||||
1.33%, 10/13/2022(c) | 50,000,000 | 49,865,396 | ||||||
2.40%, 10/20/2022(c) | 125,000,000 | 124,582,734 | ||||||
1.78%, 11/3/2022(c) | 185,000,000 | 184,150,103 | ||||||
2.56%, 12/1/2022(c) | 150,000,000 | 148,913,403 | ||||||
2.84%, 1/26/2023(c) | 50,000,000 | 49,380,125 | ||||||
2.68%, 2/23/2023(c) | 50,000,000 | 49,219,184 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,156,366,025) | 1,155,568,458 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,227,289,740) | 1,226,492,173 | |||||||
Total Investments - 102.1% (Cost $1,227,289,740) | 1,226,492,173 | |||||||
Liabilities in excess of other assets - (2.1%) | (25,469,126 | ) | ||||||
Net Assets - 100.0% | 1,201,023,047 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $357,518,410. |
(c) | The rate shown was the current yield as of August 31, 2022. |
UltraPro Short S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
UltraPro Short S&P500® had the following open short futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||||
S&P 500 E-Mini Index | 329 | 9/16/2022 | USD | $ | 65,084,425 | $ | 2,714,350 |
Swap Agreements
UltraPro Short S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(548,186,730 | ) | 5/8/2023 | Bank of America NA | (2.38 | )% | S&P 500® | 26,206,299 | ||||||||
(526,291,850 | ) | 11/7/2022 | BNP Paribas SA | (2.63 | )% | S&P 500® | (38,951,167 | ) | |||||||
(515,644,990 | ) | 4/8/2024 | Citibank NA | (2.81 | )% | S&P 500® | (66,031,234 | ) | |||||||
(303,186,345 | ) | 3/7/2023 | Goldman Sachs International | (2.68 | )% | S&P 500® | (3,821,032 | ) | |||||||
(291,839,450 | ) | 5/8/2023 | J.P. Morgan Securities | (2.48 | )% | S&P 500® | 17,592,836 | ||||||||
(329,578,060 | ) | 4/10/2023 | Morgan Stanley & Co. International plc | (2.13 | )% | S&P 500® | 3,317,181 | ||||||||
(605,771,530 | ) | 3/7/2023 | Societe Generale | (2.53 | )% | S&P 500® | (23,448,037 | ) | |||||||
(417,452,180 | ) | 3/7/2023 | UBS AG | (2.48 | )% | S&P 500® | 4,944,903 | ||||||||
(3,537,951,135 | ) | (80,190,251 | ) | ||||||||||||
Total Unrealized Appreciation | 52,061,219 | ||||||||||||||
Total Unrealized Depreciation | (132,251,470 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 96.8% | ||||||||
REPURCHASE AGREEMENTS(a) - 65.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $52,480,715 | ||||||||
(Cost $52,477,506) | 52,477,506 | 52,477,506 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 31.1% | ||||||||
U.S. Treasury Bills | ||||||||
0.69%, 12/29/2022(c) (Cost $24,943,310) | 25,000,000 | 24,753,116 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $77,420,816) | 77,230,622 | |||||||
Total Investments - 96.8% (Cost $77,420,816) | 77,230,622 | |||||||
Other assets less liabilities - 3.2% | 2,590,333 | |||||||
Net Assets - 100.0% | 79,820,955 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $2,633,401. |
(c) | The rate shown was the current yield as of August 31, 2022. |
UltraShort 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
UltraShort 7-10 Year Treasury had the following open short futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||
U.S. Treasury 10 Year Note | 1 | 12/20/2022 | USD | $ | 116,625 | $ | 1,233 |
Swap Agreements
UltraShort 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(9,510,835 | ) | 11/7/2022 | Bank of America NA | (1.84 | )% | ICE U.S. Treasury 7-10 Year Bond Index | 302,147 | ||||||||
(15,979,696 | ) | 2/17/2023 | Citibank NA | (1.86 | )% | ICE U.S. Treasury 7-10 Year Bond Index | (1,331,211 | ) | |||||||
(4,821,978 | ) | 1/16/2024 | Goldman Sachs International | (2.11 | )% | ICE U.S. Treasury 7-10 Year Bond Index | 79,687 | ||||||||
(128,875,246 | ) | 1/16/2024 | Societe Generale | (2.05 | )% | ICE U.S. Treasury 7-10 Year Bond Index | 1,780,425 | ||||||||
(159,187,755 | ) | 831,048 | |||||||||||||
Total Unrealized Appreciation | 2,162,259 | ||||||||||||||
Total Unrealized Depreciation | (1,331,211 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraShort 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 92.0% | ||||||||
REPURCHASE AGREEMENTS(a) - 8.3% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $96,067,395 | ||||||||
(Cost $96,061,523) | 96,061,523 | 96,061,523 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 83.7% | ||||||||
U.S. Treasury Bills | ||||||||
0.10%, 9/8/2022(c) | 165,000,000 | 164,934,711 | ||||||
1.15%, 9/13/2022(c) | 50,000,000 | 49,963,917 | ||||||
1.53%, 9/15/2022(c) | 50,000,000 | 49,958,389 | ||||||
1.88%, 9/22/2022(c) | 125,000,000 | 124,850,521 | ||||||
1.68%, 9/29/2022(c) | 25,000,000 | 24,958,661 | ||||||
1.34%, 10/6/2022(c) | 50,000,000 | 49,893,055 | ||||||
1.33%, 10/13/2022(c) | 50,000,000 | 49,865,396 | ||||||
2.33%, 10/20/2022(c) | 25,000,000 | 24,916,547 | ||||||
0.51%, 11/3/2022(c) | 35,000,000 | 34,839,209 | ||||||
2.49%, 11/10/2022(c) | 100,000,000 | 99,494,606 | ||||||
2.61%, 11/17/2022(c) | 25,000,000 | 24,856,962 | ||||||
2.44%, 11/25/2022(c) | 100,000,000 | 99,339,155 | ||||||
2.64%, 12/1/2022(c) | 100,000,000 | 99,275,602 | ||||||
0.69%, 12/29/2022(c) | 25,000,000 | 24,753,116 | ||||||
2.84%, 1/26/2023(c) | 50,000,000 | 49,380,124 | ||||||
TOTAL U.S. TREASURY OBLIGATIONS (Cost $972,045,414) | 971,279,971 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,068,106,937) | 1,067,341,494 | |||||||
Total Investments - 92.0% (Cost $1,068,106,937) | 1,067,341,494 | |||||||
Other assets less liabilities - 8.0% | 93,297,910 | |||||||
Net Assets - 100.0% | 1,160,639,404 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $32,771,580. |
(c) | The rate shown was the current yield as of August 31, 2022. |
UltraShort 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
UltraShort 20+ Year Treasury had the following open short futures contracts as of August 31, 2022:
Number of Contracts | Expiration Date | Trading Currency | Notional Amount | Value and Unrealized Appreciation | ||||||||||
U.S. Treasury Long Bond | 277 | 12/20/2022 | USD | $ | 37,524,844 | $ | 469,742 |
Swap Agreements
UltraShort 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(592,801,919 | ) | 1/16/2023 | Bank of America NA | (2.03 | )% | ICE U.S. Treasury 20+ Year Bond Index | 38,659,853 | ||||||||
(432,103,589 | ) | 2/17/2023 | Citibank NA | (1.88 | )% | ICE U.S. Treasury 20+ Year Bond Index | (1,591,428 | ) | |||||||
(705,714,590 | ) | 1/16/2023 | Goldman Sachs International | (1.91 | )% | ICE U.S. Treasury 20+ Year Bond Index | 21,695,731 | ||||||||
(577,859,056 | ) | 1/16/2024 | Societe Generale | (2.05 | )% | ICE U.S. Treasury 20+ Year Bond Index | 34,007,524 | ||||||||
(2,308,479,154 | ) | 92,771,680 | |||||||||||||
Total Unrealized Appreciation | 94,363,108 | ||||||||||||||
Total Unrealized Depreciation | (1,591,428 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraShort Basic Materials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 67.7% | ||||||||
REPURCHASE AGREEMENTS(a) - 67.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,206,038 | ||||||||
(Cost $4,205,782) | 4,205,782 | 4,205,782 | ||||||
Total Investments - 67.7% (Cost $4,205,782) | 4,205,782 | |||||||
Other assets less liabilities - 32.3% | 2,010,313 | |||||||
Net Assets - 100.0% | 6,216,095 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort Basic Materials had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | ||||||||||
(4,592,738 | ) | 5/8/2023 | Bank of America NA | (1.93 | )% | Dow Jones U.S. Basic MaterialsSM Index | (51,776 | ) | |||||||
(570,585 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. Basic MaterialsSM Index | (49,745 | ) | |||||||
(2,444,940 | ) | 3/7/2023 | Societe Generale | (2.23 | )% | Dow Jones U.S. Basic MaterialsSM Index | (19,139 | ) | |||||||
(4,822,462 | ) | 3/7/2023 | UBS AG | (2.08 | )% | Dow Jones U.S. Basic MaterialsSM Index | (118,816 | ) | |||||||
(12,430,725 | ) | (239,476 | ) | ||||||||||||
Total Unrealized Depreciation | (239,476 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort Consumer Goods
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 89.0% | ||||||||
REPURCHASE AGREEMENTS(a) - 89.0% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $3,256,058 | ||||||||
(Cost $3,255,858) | 3,255,858 | 3,255,858 | ||||||
Total Investments - 89.0% (Cost $3,255,858) | 3,255,858 | |||||||
Other assets less liabilities - 11.0% | 403,917 | |||||||
Net Assets - 100.0% | 3,659,775 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort Consumer Goods had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(1,091,274 | ) | 5/8/2023 | Bank of America NA | (2.18 | )% | Dow Jones U.S. Consumer GoodsSM Index | 38,498 | ||||||||
(957,397 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. Consumer GoodsSM Index | (72,545 | ) | |||||||
(3,403,295 | ) | 3/7/2023 | Societe Generale | (2.23 | )% | Dow Jones U.S. Consumer GoodsSM Index | (113,132 | ) | |||||||
(1,867,233 | ) | 3/7/2023 | UBS AG | (2.08 | )% | Dow Jones U.S. Consumer GoodsSM Index | (229,493 | ) | |||||||
(7,319,199 | ) | (376,672 | ) | ||||||||||||
Total Unrealized Appreciation | 38,498 | ||||||||||||||
Total Unrealized Depreciation | (415,170 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort Consumer Services
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 77.2% | ||||||||
REPURCHASE AGREEMENTS(a) - 77.2% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $6,352,955 | ||||||||
(Cost $6,352,567) | 6,352,567 | 6,352,567 | ||||||
Total Investments - 77.2% (Cost $6,352,567) | 6,352,567 | |||||||
Other assets less liabilities - 22.8% | 1,873,093 | |||||||
Net Assets - 100.0% | 8,225,660 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort Consumer Services had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(1,504,593 | ) | 5/8/2023 | Bank of America NA | (2.23 | )% | Dow Jones U.S. Consumer ServicesSM Index | 459,593 | ||||||||
(2,157,904 | ) | 5/8/2023 | BNP Paribas SA | (2.38 | )% | Dow Jones U.S. Consumer ServicesSM Index | 262,526 | ||||||||
(7,980,779 | ) | 3/7/2023 | Goldman Sachs International | (2.43 | )% | Dow Jones U.S. Consumer ServicesSM Index | 37,742 | ||||||||
(220,245 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. Consumer ServicesSM Index | (16,819 | ) | |||||||
(2,112,122 | ) | 3/6/2024 | Societe Generale | (2.23 | )% | Dow Jones U.S. Consumer ServicesSM Index | 16,926 | ||||||||
(2,475,897 | ) | 3/6/2024 | UBS AG | (2.08 | )% | Dow Jones U.S. Consumer ServicesSM Index | (86,394 | ) | |||||||
(16,451,540 | ) | 673,574 | |||||||||||||
Total Unrealized Appreciation | 776,787 | ||||||||||||||
Total Unrealized Depreciation | (103,213 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort Dow30SM
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 70.4% | ||||||||
REPURCHASE AGREEMENTS(a) - 70.4% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $85,242,310 | ||||||||
(Cost $85,237,097) | 85,237,097 | 85,237,097 | ||||||
Total Investments - 70.4% (Cost $85,237,097) | 85,237,097 | |||||||
Other assets less liabilities - 29.6% | 35,781,339 | |||||||
Net Assets - 100.0% | 121,018,436 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
UltraShort Dow30SM
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
UltraShort Dow30SM had the following open short futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value
and Unrealized Appreciation | ||||||||||||
DJIA CBOT E-Mini Index | 71 | 9/16/2022 | USD | $ | 11,193,860 | $ | 63,023 |
Swap Agreements
UltraShort Dow30SM had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional
Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(47,202,624 | ) | 11/7/2022 | Bank of America NA | (2.53 | )% | Dow Jones Industrial AverageSM | (5,991,187 | ) | ||||||||
(16,858,080 | ) | 11/6/2023 | Barclays Capital | (2.53 | )% | Dow Jones Industrial AverageSM | 972,200 | |||||||||
(36,930,224 | ) | 5/8/2023 | BNP Paribas SA | (2.63 | )% | Dow Jones Industrial AverageSM | 4,970,359 | |||||||||
(31,857,045 | ) | 4/10/2023 | Citibank NA | (2.81 | )% | Dow Jones Industrial AverageSM | 1,960,653 | |||||||||
(34,578,380 | ) | 3/7/2023 | Goldman Sachs International | (2.68 | )% | Dow Jones Industrial AverageSM | 4,124,678 | |||||||||
(16,007,298 | ) | 3/7/2023 | Societe Generale | (2.43 | )% | Dow Jones Industrial AverageSM | 2,169,829 | |||||||||
(47,404,039 | ) | 3/7/2023 | UBS AG | (2.53 | )% | Dow Jones Industrial AverageSM | 2,290,725 | |||||||||
(230,837,690 | ) | 10,497,257 | ||||||||||||||
Total Unrealized Appreciation | 16,488,444 | |||||||||||||||
Total Unrealized Depreciation | (5,991,187 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraShort Financials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 50.8% | ||||||||
REPURCHASE AGREEMENTS(a) - 50.8% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $8,134,903 | ||||||||
(Cost $8,134,407) | 8,134,407 | 8,134,407 | ||||||
Total Investments - 50.8% (Cost $8,134,407) | 8,134,407 | |||||||
Other assets less liabilities - 49.2% | 7,884,911 | |||||||
Net Assets - 100.0% | 16,019,318 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort Financials had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional
Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(5,974,507 | ) | 5/8/2023 | Bank of America NA | (2.23 | )% | Dow Jones U.S. FinancialsSM Indexc | 809,484 | |||||||||
(1,316,795 | ) | 5/8/2023 | BNP Paribas SA | (2.53 | )% | Dow Jones U.S. FinancialsSM Indexc | 849,241 | |||||||||
(5,321,866 | ) | 4/10/2023 | Citibank NA | (2.48 | )% | Dow Jones U.S. FinancialsSM Indexc | 586,664 | |||||||||
(4,068,392 | ) | 3/7/2023 | Goldman Sachs International | (2.43 | )% | Dow Jones U.S. FinancialsSM Indexc | (235,757 | ) | ||||||||
(2,747,280 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. FinancialsSM Indexc | (1,299,604 | ) | ||||||||
(5,475,851 | ) | 3/7/2023 | Societe Generale | (2.43 | )% | Dow Jones U.S. FinancialsSM Indexc | 17,621 | |||||||||
(7,131,559 | ) | 3/7/2023 | UBS AG | (2.43 | )% | Dow Jones U.S. FinancialsSM Indexc | 613,398 | |||||||||
(32,036,250 | ) | 1,341,047 | ||||||||||||||
Total Unrealized Appreciation | 2,876,408 | |||||||||||||||
Total Unrealized Depreciation | (1,535,361 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
c | See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Financials for the components of the underlying reference instrument and their relative weightings. |
UltraShort FTSE
China 50
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 69.9% | ||||||||
REPURCHASE AGREEMENTS(a) - 69.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $17,610,978 | ||||||||
(Cost $17,609,903) | 17,609,903 | 17,609,903 | ||||||
Total Investments - 69.9% (Cost $17,609,903) | 17,609,903 | |||||||
Other assets less liabilities - 30.1% | 7,598,520 | |||||||
Net Assets - 100.0% | 25,208,423 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
UltraShort FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional
Amount ($) | Termination Dateb | Counterparty | Rate
Paid (Received)c | Reference
Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(13,445,037 | ) | 3/7/2023 | Bank of America NA | (0.83 | )% | iShares® China Large-Cap ETF | (990,686 | ) | ||||||||
(1,105,301 | ) | 4/10/2023 | Citibank NA | 0.42 | % | iShares® China Large-Cap ETF | 237,417 | |||||||||
(11,255,094 | ) | 4/10/2023 | Goldman Sachs International | (1.83 | )% | iShares® China Large-Cap ETF | (694,475 | ) | ||||||||
(1,331,914 | ) | 4/10/2023 | Morgan Stanley & Co. International plc | (1.78 | )% | iShares® China Large-Cap ETF | 382,988 | |||||||||
(7,893,996 | ) | 4/10/2023 | Societe Generale | (0.68 | )% | iShares® China Large-Cap ETF | (892,905 | ) | ||||||||
(15,190,147 | ) | 4/10/2023 | UBS AG | (0.58 | )% | iShares® China Large-Cap ETF | (4,701,818 | ) | ||||||||
(50,221,489 | ) | (6,659,479 | ) | |||||||||||||
Total Unrealized Appreciation | 620,405 | |||||||||||||||
Total Unrealized Depreciation | (7,279,884 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort FTSE
Europe
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 55.1% | ||||||||
REPURCHASE AGREEMENTS(a) - 55.1% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $72,320,793 | ||||||||
(Cost $72,316,370) | 72,316,370 | 72,316,370 | ||||||
Total Investments - 55.1% (Cost $72,316,370) | 72,316,370 | |||||||
Other assets less liabilities - 44.9% | 59,035,432 | |||||||
Net Assets - 100.0% | 131,351,802 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
UltraShort FTSE
Europe
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Swap Agreementsa
UltraShort FTSE Europe had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional
Amount ($) | Termination Dateb | Counterparty | Rate
Paid (Received)c | Reference
Instrument | Value
and Unrealized Appreciation ($) | |||||||||||
(48,217,600 | ) | 4/10/2023 | Citibank NA | (1.53 | )% | Vanguard® FTSE Europe ETF Shares | 5,931,157 | |||||||||
(98,196,706 | ) | 3/7/2023 | Goldman Sachs International | (0.13 | )% | Vanguard® FTSE Europe ETF Shares | 3,426,676 | |||||||||
(296,348 | ) | 4/10/2023 | Morgan Stanley & Co. International plc | (1.78 | )% | Vanguard® FTSE Europe ETF Shares | 95,440 | |||||||||
(38,085,832 | ) | 3/7/2023 | Societe Generale | (1.38 | )% | Vanguard® FTSE Europe ETF Shares | 271,186 | |||||||||
(78,385,106 | ) | 11/9/2022 | UBS AG | (1.83 | )% | Vanguard® FTSE Europe ETF Shares | 5,869,860 | |||||||||
(263,181,592 | ) | 15,594,319 | ||||||||||||||
Total Unrealized Appreciation | 15,594,319 |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort Health
Care
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal
Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 93.5% | ||||||||
REPURCHASE AGREEMENTS(a) - 93.5% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $5,771,823 | ||||||||
(Cost $5,771,471) | 5,771,471 | 5,771,471 | ||||||
Total Investments - 93.5% (Cost $5,771,471) | 5,771,471 | |||||||
Other assets less liabilities - 6.5% | 399,285 | |||||||
Net Assets - 100.0% | 6,170,756 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort Health Care had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference
Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(728,527 | ) | 5/8/2023 | Bank of America NA | (2.38 | )% | Dow Jones U.S. Health CareSM Indexc | 16,951 | |||||||||
(59,934 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. Health CareSM Indexc | (3,544 | ) | ||||||||
(2,140,299 | ) | 3/7/2023 | Societe Generale | (2.33 | )% | Dow Jones U.S. Health CareSM Indexc | (48,358 | ) | ||||||||
(9,412,255 | ) | 3/7/2023 | UBS AG | (2.08 | )% | Dow Jones U.S. Health CareSM Indexc | (21,233 | ) | ||||||||
(12,341,015 | ) | (56,184 | ) | |||||||||||||
Total Unrealized Appreciation | 16,951 | |||||||||||||||
Total Unrealized Depreciation | (73,135 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
c | See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Health Care for the components of the underlying reference instrument and their relative weightings. |
UltraShort Industrials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 50.3% | ||||||||
REPURCHASE AGREEMENTS(a) - 50.3% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $1,195,410 | ||||||||
(Cost $1,195,337) | 1,195,337 | 1,195,337 | ||||||
Total Investments - 50.3% (Cost $1,195,337) | 1,195,337 | |||||||
Other assets less liabilities - 49.7% | 1,179,191 | |||||||
Net Assets - 100.0% | 2,374,528 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort Industrials had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference
Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(576,073 | ) | 11/7/2022 | Bank of America NA | (2.23 | )% | Dow Jones U.S. IndustrialsSM Index | 119,109 | |||||||||
(1,068,145 | ) | 3/7/2024 | BNP Paribas SA | (2.48 | )% | Dow Jones U.S. IndustrialsSM Index | (1,381 | ) | ||||||||
(746,967 | ) | 11/6/2023 | Goldman Sachs International | (2.18 | )% | Dow Jones U.S. IndustrialsSM Index | (138,270 | ) | ||||||||
(1,149,815 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. IndustrialsSM Index | (52,476 | ) | ||||||||
(459,743 | ) | 3/7/2023 | Societe Generale | (2.23 | )% | Dow Jones U.S. IndustrialsSM Index | 216,236 | |||||||||
(747,885 | ) | 3/7/2023 | UBS AG | (2.08 | )% | Dow Jones U.S. IndustrialsSM Index | 347,856 | |||||||||
(4,748,628 | ) | 491,074 | ||||||||||||||
Total Unrealized Appreciation | 683,201 | |||||||||||||||
Total Unrealized Depreciation | (192,127 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 83.9% | ||||||||
REPURCHASE AGREEMENTS(a) - 83.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,480,876 | ||||||||
(Cost $2,480,724) | 2,480,724 | 2,480,724 | ||||||
Total Investments - 83.9% (Cost $2,480,724) | 2,480,724 | |||||||
Other assets less liabilities - 16.1% | 476,440 | |||||||
Net Assets - 100.0% | 2,957,164 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
UltraShort MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
UltraShort MidCap400 had the following open short futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading
Currency | Notional Amount | Value
and Unrealized Depreciation | ||||||||||
S&P Midcap 400 E-Mini Index | 1 | 9/16/2022 | USD | $ | 243,030 | $ | (2,675 | ) |
Swap Agreements
UltraShort MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(1,115,852 | ) | 5/8/2023 | Bank of America NA | (2.43 | )% | S&P MidCap 400® | (251,683 | ) | ||||||||
(821,695 | ) | 5/8/2023 | BNP Paribas SA | (2.48 | )% | S&P MidCap 400® | 169,788 | |||||||||
(653,953 | ) | 11/6/2023 | Citibank NA | (2.53 | )% | S&P MidCap 400® | 18,446 | |||||||||
(495,934 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (2.13 | )% | S&P MidCap 400® | (202,682 | ) | ||||||||
(2,584,206 | ) | 3/7/2023 | Societe Generale | (2.06 | )% | S&P MidCap 400® | (236,116 | ) | ||||||||
(5,671,640 | ) | (502,247 | ) | |||||||||||||
Total Unrealized Appreciation | 188,234 | |||||||||||||||
Total Unrealized Depreciation | (690,481 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraShort MSCI
Brazil Capped
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 69.7% | ||||||||
REPURCHASE AGREEMENTS(a) - 69.7% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $10,224,349 | ||||||||
(Cost $10,223,725) | 10,223,725 | 10,223,725 | ||||||
Total Investments - 69.7% (Cost $10,223,725) | 10,223,725 | |||||||
Other assets less liabilities - 30.3% | 4,440,690 | |||||||
Net Assets - 100.0% | 14,664,415 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
UltraShort MSCI
Brazil Capped
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Swap Agreementsa
UltraShort MSCI Brazil Capped had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination
Dateb | Counterparty | Rate
Paid (Received)c | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(4,653,190 | ) | 11/9/2022 | Bank of America NA | (0.83 | )% | iShares® MSCI Brazil Capped ETF | (250,465 | ) | ||||||||
(6,727,694 | ) | 4/10/2023 | Citibank NA | (2.13 | )% | iShares® MSCI Brazil Capped ETF | (2,179,169 | ) | ||||||||
(4,565,682 | ) | 3/7/2023 | Goldman Sachs International | (0.33 | )% | iShares® MSCI Brazil Capped ETF | 270,457 | |||||||||
(1,622,431 | ) | 4/10/2023 | Morgan Stanley & Co. International plc | (1.78 | )% | iShares® MSCI Brazil Capped ETF | (186,280 | ) | ||||||||
(5,444,691 | ) | 3/7/2023 | Societe Generale | (1.28 | )% | iShares® MSCI Brazil Capped ETF | (1,214,019 | ) | ||||||||
(6,253,601 | ) | 3/7/2023 | UBS AG | (1.58 | )% | iShares® MSCI Brazil Capped ETF | (2,161,476 | ) | ||||||||
(29,267,289 | ) | (5,720,952 | ) | |||||||||||||
Total Unrealized Appreciation | 270,457 | |||||||||||||||
Total Unrealized Depreciation | (5,991,409 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort MSCI
EAFE
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 79.6% | ||||||||
REPURCHASE AGREEMENTS(a) - 79.6% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,118,830 | ||||||||
(Cost $2,118,701) | 2,118,701 | 2,118,701 | ||||||
Total Investments - 79.6% (Cost $2,118,701) | 2,118,701 | |||||||
Other assets less liabilities - 20.4% | 542,539 | |||||||
Net Assets - 100.0% | 2,661,240 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
UltraShort MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional
Amount ($) | Termination Dateb | Counterparty | Rate
Paid (Received)c | Reference
Instrument | Value
and Unrealized Appreciation ($) | |||||||||||
(425,283 | ) | 4/10/2023 | Citibank NA | (1.93 | )% | iShares® MSCI EAFE ETF | 171,395 | |||||||||
(2,055,732 | ) | 4/10/2023 | Goldman Sachs International | (2.38 | )% | iShares® MSCI EAFE ETF | 48,741 | |||||||||
(1,048,483 | ) | 3/7/2023 | Societe Generale | (1.53 | )% | iShares® MSCI EAFE ETF | 72,488 | |||||||||
(1,768,283 | ) | 11/9/2022 | UBS AG | (1.93 | )% | iShares® MSCI EAFE ETF | 46,895 | |||||||||
(5,297,781 | ) | 339,519 | ||||||||||||||
Total Unrealized Appreciation | 339,519 |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort MSCI Emerging Markets
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 69.1% | ||||||||
REPURCHASE AGREEMENTS(a) - 69.1% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $8,630,683 | ||||||||
(Cost $8,630,154) | 8,630,154 | 8,630,154 | ||||||
Total Investments - 69.1% (Cost $8,630,154) | 8,630,154 | |||||||
Other assets less liabilities - 30.9% | 3,866,805 | |||||||
Net Assets - 100.0% | 12,496,959 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
UltraShort MSCI Emerging Markets
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Swap Agreementsa
UltraShort MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional
Amount ($) | Termination Dateb | Counterparty | Rate
Paid (Received)c | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(7,876 | ) | 4/10/2023 | Citibank NA | (1.78 | )% | iShares® MSCI Emerging Markets ETF | 880,600 | |||||||||
(7,832,125 | ) | 4/10/2023 | Goldman Sachs International | (1.83 | )% | iShares® MSCI Emerging Markets ETF | (84,279 | ) | ||||||||
(3,429,754 | ) | 3/7/2023 | Societe Generale | (0.63 | )% | iShares® MSCI Emerging Markets ETF | (129,223 | ) | ||||||||
(13,702,281 | ) | 3/7/2023 | UBS AG | (1.23 | )% | iShares® MSCI Emerging Markets ETF | (181,673 | ) | ||||||||
(24,972,036 | ) | 485,425 | ||||||||||||||
Total Unrealized Appreciation | 880,600 | |||||||||||||||
Total Unrealized Depreciation | (395,175 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort MSCI Japan
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 65.0% | ||||||||
REPURCHASE AGREEMENTS(a) - 65.0% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $3,341,997 | ||||||||
(Cost $3,341,792) | 3,341,792 | 3,341,792 | ||||||
Total Investments - 65.0% (Cost $3,341,792) | 3,341,792 | |||||||
Other assets less liabilities - 35.0% | 1,799,387 | |||||||
Net Assets - 100.0% | 5,141,179 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreementsa
UltraShort MSCI Japan had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination
Dateb | Counterparty | Rate
Paid (Received)c | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(2,531,367 | ) | 11/9/2022 | Bank of America NA | (1.88 | )% | iShares® MSCI Japan ETF | 275,181 | |||||||||
(986,706 | ) | 4/10/2023 | Morgan Stanley & Co. International plc | (1.78 | )% | iShares® MSCI Japan ETF | 271,673 | |||||||||
(3,582,724 | ) | 4/10/2023 | Societe Generale | (1.18 | )% | iShares® MSCI Japan ETF | (96,134 | ) | ||||||||
(3,161,584 | ) | 4/10/2023 | UBS AG | (1.68 | )% | iShares® MSCI Japan ETF | 74,346 | |||||||||
(10,262,381 | ) | 525,066 | ||||||||||||||
Total Unrealized Appreciation | 621,200 | |||||||||||||||
Total Unrealized Depreciation | (96,134 | ) |
a | In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap. |
b | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
c | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 47.5% | ||||||||
REPURCHASE AGREEMENTS(a) - 47.5% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,043,324 | ||||||||
(Cost $4,043,077) | 4,043,077 | 4,043,077 | ||||||
Total Investments - 47.5% (Cost $4,043,077) | 4,043,077 | |||||||
Other assets less liabilities - 52.5% | 4,471,727 | |||||||
Net Assets - 100.0% | 8,514,804 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort Nasdaq Biotechnology had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional
Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | |||||||||||
(1,560,119 | ) | 5/8/2023 | Bank of America NA | (2.08 | )% | NASDAQ Biotechnology Index® | (1,277,526 | ) | ||||||||
(5,661,223 | ) | 11/6/2023 | BNP Paribas SA | (2.13 | )% | NASDAQ Biotechnology Index® | (710,427 | ) | ||||||||
(3,070,035 | ) | 4/10/2023 | Citibank NA | (1.33 | )% | NASDAQ Biotechnology Index® | 850,990 | |||||||||
(648,762 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.78 | )% | NASDAQ Biotechnology Index® | 34,552 | |||||||||
(2,525,539 | ) | 3/7/2023 | Societe Generale | (2.18 | )% | NASDAQ Biotechnology Index® | 941,808 | |||||||||
(3,564,331 | ) | 11/6/2023 | UBS AG | (1.33 | )% | NASDAQ Biotechnology Index® | 1,299,325 | |||||||||
(17,030,009 | ) | 1,138,722 | ||||||||||||||
Total Unrealized Appreciation | 3,126,675 | |||||||||||||||
Total Unrealized Depreciation | (1,987,953 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort Oil &
Gas
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 77.9% | ||||||||
REPURCHASE AGREEMENTS(a) - 77.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $28,012,148 (Cost $28,010,435) | 28,010,435 | 28,010,435 | ||||||
Total Investments - 77.9% (Cost $28,010,435) | 28,010,435 | |||||||
Other assets less liabilities - 22.1% | 7,942,605 | |||||||
Net Assets - 100.0% | 35,953,040 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
UltraShort Oil &
Gas
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Swap Agreements
UltraShort Oil & Gas had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(12,873,279 | ) | 11/7/2022 | Bank of America NA | (2.03 | )% | Dow Jones U.S. Oil & GasSM Index | (6,287,956 | ) | |||||||
(10,136,849 | ) | 11/6/2023 | BNP Paribas SA | (2.43 | )% | Dow Jones U.S. Oil & GasSM Index | 2,287,007 | ||||||||
(18,609,478 | ) | 3/7/2023 | Goldman Sachs International | (2.43 | )% | Dow Jones U.S. Oil & GasSM Index | (4,881,929 | ) | |||||||
(6,425,190 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. Oil & GasSM Index | (2,901,971 | ) | |||||||
(2,703,429 | ) | 3/7/2023 | Societe Generale | (2.23 | )% | Dow Jones U.S. Oil & GasSM Index | (2,167,131 | ) | |||||||
(21,151,941 | ) | 3/7/2023 | UBS AG | (2.18 | )% | Dow Jones U.S. Oil & GasSM Index | (4,944,209 | ) | |||||||
(71,900,166 | ) | (18,896,189 | ) | ||||||||||||
Total Unrealized Appreciation | 2,287,007 | ||||||||||||||
Total Unrealized Depreciation | (21,183,196 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 83.9% | ||||||||
REPURCHASE AGREEMENTS(a) - 18.9% | ||||||||
Repurchase
Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received
$109,101,540 (Cost $109,094,871) | 109,094,871 | 109,094,871 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 65.0% | ||||||||
U.S. Treasury Bills | ||||||||
1.90%, 9/1/2022(c) | 50,000,000 | 50,000,000 | ||||||
0.15%, 9/8/2022(c) | 75,000,000 | 74,970,323 | ||||||
1.53%, 9/15/2022(c) | 50,000,000 | 49,958,389 | ||||||
1.57%, 9/22/2022(c) | 50,000,000 | 49,940,209 | ||||||
1.68%, 9/29/2022(c) | 25,000,000 | 24,958,661 | ||||||
2.64%, 11/17/2022(c) | 125,000,000 | 124,284,809 | ||||||
TOTAL
U.S. TREASURY OBLIGATIONS (Cost $374,188,330) | 374,112,391 | |||||||
TOTAL
SHORT-TERM INVESTMENTS (Cost $483,283,201) | 483,207,262 | |||||||
Total Investments - 83.9% (Cost $483,283,201) | 483,207,262 | |||||||
Other assets less liabilities - 16.1% | 93,059,148 | |||||||
Net Assets - 100.0% | 576,266,410 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $74,725,750. |
(c) | The rate shown was the current yield as of August 31, 2022. |
UltraShort QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold | ||||||||||||||
UltraShort QQQ had the following open short futures contracts as of August 31, 2022: | ||||||||||||||
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value
and Unrealized Appreciation | ||||||||||
NASDAQ 100 E-Mini Index | 143 | 9/16/2022 | USD | $ | 35,135,815 | $ | 1,695,401 |
Swap Agreements
UltraShort QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(126,720,982 | ) | 3/7/2023 | Bank of America NA | (2.63 | )% | NASDAQ-100 Index® | 1,907,609 | ||||||||
(38,374,638 | ) | 11/6/2023 | Barclays Capital | (2.53 | )% | NASDAQ-100 Index® | (376,957 | ) | |||||||
(172,974,263 | ) | 3/7/2023 | BNP Paribas SA | (2.68 | )% | NASDAQ-100 Index® | (6,262,516 | ) | |||||||
(39,896,370 | ) | 4/10/2023 | Citibank NA | (2.81 | )% | NASDAQ-100 Index® | 24,617,630 | ||||||||
(21,218,340 | ) | 3/7/2023 | Goldman Sachs International | (2.68 | )% | NASDAQ-100 Index® | 22,489,075 | ||||||||
(161,082,666 | ) | 5/8/2023 | J.P. Morgan Securities | (2.48 | )% | NASDAQ-100 Index® | 10,896,067 | ||||||||
(47,505,028 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (2.13 | )% | NASDAQ-100 Index® | (12,545,449 | ) | |||||||
(352,820,862 | ) | 3/7/2023 | Societe Generale | (2.88 | )% | NASDAQ-100 Index® | 13,431,510 | ||||||||
(156,784,252 | ) | 3/7/2023 | UBS AG | (2.48 | )% | NASDAQ-100 Index® | 12,099,202 | ||||||||
(1,117,377,401 | ) | 66,256,171 | |||||||||||||
Total Unrealized Appreciation | 85,441,093 | ||||||||||||||
Total Unrealized Depreciation | (19,184,922 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraShort Real
Estate
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 73.3% | ||||||||
REPURCHASE AGREEMENTS(a) - 73.3% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $40,593,310 (Cost $40,590,830) | 40,590,830 | 40,590,830 | ||||||
Total Investments - 73.3% (Cost $40,590,830) | 40,590,830 | |||||||
Other assets less liabilities - 26.7% | 14,764,903 | |||||||
Net Assets - 100.0% | 55,355,733 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
UltraShort Real Estate Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Swap Agreements | |||||||||||||||
UltraShort Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2022: | |||||||||||||||
Notional
Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(18,606,267 | ) | 5/8/2023 | Bank of America NA | (2.68 | )% | Dow Jones U.S. Real EstateSM Index | 1,341,081 | ||||||||
(15,989,767 | ) | 5/8/2023 | BNP Paribas SA | (2.53 | )% | Dow Jones U.S. Real EstateSM Index | 940,630 | ||||||||
(18,175,237 | ) | 3/7/2023 | Goldman Sachs International | (2.43 | )% | Dow Jones U.S. Real EstateSM Index | (172,325 | ) | |||||||
(5,149,717 | ) | 4/10/2023 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. Real EstateSM Index | 920,082 | ||||||||
(13,262,221 | ) | 3/7/2023 | Societe Generale | (2.38 | )% | Dow Jones U.S. Real EstateSM Index | 1,708,062 | ||||||||
(39,368,052 | ) | 11/7/2022 | UBS AG | (2.08 | )% | Dow Jones U.S. Real EstateSM Index | (1,514,384 | ) | |||||||
(110,551,261 | ) | 3,223,146 | |||||||||||||
Total Unrealized Appreciation | 4,909,855 | ||||||||||||||
Total Unrealized Depreciation | (1,686,709 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort Russell2000 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 83.5% | ||||||||
REPURCHASE AGREEMENTS(a) - 27.9% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $49,622,715 (Cost $49,619,680) | 49,619,680 | 49,619,680 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 55.6% | ||||||||
U.S. Treasury Bills | ||||||||
2.44%, 11/25/2022(c) | 50,000,000 | 49,669,578 | ||||||
2.84%, 1/26/2023(c) | 50,000,000 | 49,380,124 | ||||||
TOTAL
U.S. TREASURY OBLIGATIONS (Cost $99,141,130) | 99,049,702 | |||||||
TOTAL
SHORT-TERM INVESTMENTS (Cost $148,760,810) | 148,669,382 | |||||||
Total Investments - 83.5% (Cost $148,760,810) | 148,669,382 | |||||||
Other assets less liabilities - 16.5% | 29,467,769 | |||||||
Net Assets - 100.0% | 178,137,151 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,447,736. |
(c) | The rate shown was the current yield as of August 31, 2022. |
UltraShort Russell2000 Schedule of Portfolio Investments August 31, 2022 (Unaudited) |
Futures Contracts Sold | ||||||||||||||
UltraShort Russell2000 had the following open short futures contracts as of August 31, 2022: | ||||||||||||||
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value
and Unrealized Appreciation | ||||||||||
Russell 2000 E-Mini Index | 59 | 9/16/2022 | USD | $ | 5,441,570 | $ | 166,415 |
Swap Agreements | |||||||||||||||
UltraShort Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2022: | |||||||||||||||
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(72,461,007 | ) | 11/7/2022 | Bank of America NA | (1.68 | )% | Russell 2000® Index | (2,460,949 | ) | |||||||
(10,841,581 | ) | 11/6/2023 | Barclays Capital | (2.43 | )% | Russell 2000® Index | (1,211,110 | ) | |||||||
(29,891,341 | ) | 5/8/2023 | BNP Paribas SA | (2.18 | )% | Russell 2000® Index | 3,015,537 | ||||||||
(4,846,347 | ) | 4/10/2023 | Citibank NA | (2.14 | )% | Russell 2000® Index | 8,877,743 | ||||||||
(13,838,276 | ) | 3/7/2023 | Goldman Sachs International | (2.33 | )% | Russell 2000® Index | 994,435 | ||||||||
(94,129,417 | ) | 11/6/2023 | Morgan Stanley & Co. International plc | (2.03 | )% | Russell 2000® Index | (3,201,370 | ) | |||||||
(31,091,275 | ) | 11/6/2023 | Morgan Stanley & Co. International plc | (2.03 | )% | iShares® Russell 2000 ETF | (1,163,460 | ) | |||||||
(72,711,808 | ) | 11/6/2023 | Societe Generale | (1.98 | )% | Russell 2000® Index | (16,271,078 | ) | |||||||
(21,037,454 | ) | 3/7/2023 | UBS AG | (1.83 | )% | Russell 2000® Index | 3,662,721 | ||||||||
(350,848,506 | ) | (7,757,531 | ) | ||||||||||||
Total Unrealized Appreciation | 16,550,436 | ||||||||||||||
Total Unrealized Depreciation | (24,307,967 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraShort S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 87.9% | ||||||||
REPURCHASE AGREEMENTS(a) - 10.0% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $95,385,398 | ||||||||
(Cost $95,379,566) | 95,379,566 | 95,379,566 | ||||||
U.S. TREASURY OBLIGATIONS(b) - 77.9% | ||||||||
U.S. Treasury Bills | ||||||||
0.09%, 9/8/2022(c) | 45,000,000 | 44,982,194 | ||||||
1.57%, 9/22/2022(c) | 50,000,000 | 49,940,209 | ||||||
1.68%, 9/29/2022(c) | 50,000,000 | 49,917,322 | ||||||
1.34%, 10/6/2022(c) | 150,000,000 | 149,679,166 | ||||||
1.33%, 10/13/2022(c) | 150,000,000 | 149,596,188 | ||||||
1.34%, 10/20/2022(c) | 100,000,000 | 99,666,187 | ||||||
0.51%, 11/3/2022(c) | 25,000,000 | 24,885,149 | ||||||
2.52%, 11/10/2022(c) | 100,000,000 | 99,494,606 | ||||||
0.69%, 12/29/2022(c) | 25,000,000 | 24,753,116 | ||||||
2.84%, 1/26/2023(c) | 50,000,000 | 49,380,125 | ||||||
TOTAL
U.S. TREASURY OBLIGATIONS (Cost $743,142,599) | 742,294,262 | |||||||
TOTAL
SHORT-TERM INVESTMENTS (Cost $838,522,165) | 837,673,828 | |||||||
Total Investments - 87.9% (Cost $838,522,165) | 837,673,828 | |||||||
Other assets less liabilities - 12.1% | 115,156,232 | |||||||
Net Assets - 100.0% | 952,830,060 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $121,595,100. |
(c) | The rate shown was the current yield as of August 31, 2022. |
UltraShort S&P500®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)
Futures Contracts Sold
UltraShort S&P500® had the following open short futures contracts as of August 31, 2022:
Number
of Contracts | Expiration Date | Trading Currency | Notional Amount | Value
and Unrealized Appreciation | |||||||||||
S&P 500 E-Mini Index | 286 | 9/16/2022 | USD | $ | 56,577,950 | $ | 1,966,233 |
Swap Agreements
UltraShort S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional
Amount ($) | Termination
Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value
and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(201,954,165 | ) | 5/8/2023 | Bank of America NA | (2.38 | )% | S&P 500® | 28,267,159 | ||||||||
(398,319,915 | ) | 5/8/2023 | BNP Paribas SA | (2.63 | )% | S&P 500® | 42,515,297 | ||||||||
(213,617,460 | ) | 4/8/2024 | Citibank NA | (2.81 | )% | S&P 500® | (34,057,968 | ) | |||||||
(40,127,430 | ) | 3/7/2023 | Goldman Sachs International | (2.68 | )% | S&P 500® | (1,704,507 | ) | |||||||
(176,978,340 | ) | 11/7/2022 | J.P. Morgan Securities | (2.48 | )% | S&P 500® | 22,423,253 | ||||||||
(132,753,530 | ) | 4/10/2023 | Morgan Stanley & Co. International plc | (2.13 | )% | S&P 500® | (459,007 | ) | |||||||
(451,744,055 | ) | 3/7/2023 | Societe Generale | (2.53 | )% | S&P 500® | 24,761,339 | ||||||||
(233,628,415 | ) | 3/7/2023 | UBS AG | (2.48 | )% | S&P 500® | 6,120,041 | ||||||||
(1,849,123,310 | ) | 87,865,607 | |||||||||||||
Total Unrealized Appreciation | 124,087,089 | ||||||||||||||
Total Unrealized Depreciation | (36,221,482 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Abbreviations | |
USD | U.S. Dollar |
UltraShort Semiconductors Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 80.6% | ||||||||
REPURCHASE AGREEMENTS(a) - 80.6% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $6,968,238 | ||||||||
(Cost $6,967,812) | 6,967,812 | 6,967,812 | ||||||
Total Investments - 80.6% (Cost $6,967,812) | 6,967,812 | |||||||
Other assets less liabilities - 19.4% | 1,676,453 | |||||||
Net Assets - 100.0% | 8,644,265 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort Semiconductors had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(947,021 | ) | 5/8/2023 | Bank of America NA | (2.33 | )% | Dow Jones U.S. SemiconductorsSM Indexc | (170,211 | ) | |||||||
(1,303,692 | ) | 11/6/2023 | BNP Paribas SA | (2.43 | )% | Dow Jones U.S. SemiconductorsSM Indexc | 234,581 | ||||||||
(227,531 | ) | 11/7/2022 | Goldman Sachs International | (2.43 | )% | Dow Jones U.S. SemiconductorsSM Indexc | 147,119 | ||||||||
(418,165 | ) | 5/8/2023 | J.P. Morgan Securities | (2.53 | )% | Dow Jones U.S. SemiconductorsSM Indexc | 164,508 | ||||||||
(3,136,240 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. SemiconductorsSM Indexc | (76,682 | ) | |||||||
(5,270,113 | ) | 3/7/2023 | Societe Generale | (2.33 | )% | Dow Jones U.S. SemiconductorsSM Indexc | 486,094 | ||||||||
(5,983,454 | ) | 11/7/2022 | UBS AG | (2.43 | )% | Dow Jones U.S. SemiconductorsSM Indexc | (351,238 | ) | |||||||
(17,286,216 | ) | 434,171 | |||||||||||||
Total Unrealized Appreciation | 1,032,302 | ||||||||||||||
Total Unrealized Depreciation | (598,131 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
c | See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Semiconductors for the components of the underlying reference instrument and their relative weightings. |
UltraShort SmallCap600 Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 85.3% | ||||||||
REPURCHASE AGREEMENTS(a) - 85.3% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,106,679 | ||||||||
(Cost $4,106,427) | 4,106,427 | 4,106,427 | ||||||
Total Investments - 85.3% (Cost $4,106,427) | 4,106,427 | |||||||
Other assets less liabilities - 14.7% | 709,448 | |||||||
Net Assets - 100.0% | 4,815,875 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and
Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(1,767,682 | ) | 11/7/2022 | Bank of America NA | (2.33 | )% | S&P SmallCap 600® | 7,697 | ||||||||
(4,090,651 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | S&P SmallCap 600® | (55,386 | ) | |||||||
(2,687,634 | ) | 4/10/2023 | Societe Generale | (1.98 | )% | S&P SmallCap 600® | (67,035 | ) | |||||||
(1,085,710 | ) | 3/7/2023 | UBS AG | (2.18 | )% | S&P SmallCap 600® | (159,955 | ) | |||||||
(9,631,677 | ) | (274,679 | ) | ||||||||||||
Total Unrealized Appreciation | 7,697 | ||||||||||||||
Total Unrealized Depreciation | (282,376 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraShort Technology Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 77.8% | ||||||||
REPURCHASE AGREEMENTS(a) - 77.8% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $13,905,712 | ||||||||
(Cost $13,904,863) | 13,904,863 | 13,904,863 | ||||||
Total Investments - 77.8% (Cost $13,904,863) | 13,904,863 | |||||||
Other assets less liabilities - 22.2% | 3,964,792 | |||||||
Net Assets - 100.0% | 17,869,655 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort Technology had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Appreciation/ (Depreciation) ($) | ||||||||||
(352,885 | ) | 5/8/2023 | Bank of America NA | (2.28 | )% | Dow Jones U.S. TechnologySM Indexc | 516,879 | ||||||||
(19,136,145 | ) | 11/6/2023 | BNP Paribas SA | (2.53 | )% | Dow Jones U.S. TechnologySM Indexc | 453,150 | ||||||||
(1,034,197 | ) | 11/6/2023 | Goldman Sachs International | (2.43 | )% | Dow Jones U.S. TechnologySM Indexc | (248,978 | ) | |||||||
(10,058,967 | ) | 5/8/2023 | J.P. Morgan Securities | (2.53 | )% | Dow Jones U.S. TechnologySM Indexc | 669,777 | ||||||||
(1,152,990 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. TechnologySM Indexc | (38,124 | ) | |||||||
(1,285,759 | ) | 3/6/2024 | Societe Generale | (2.23 | )% | Dow Jones U.S. TechnologySM Indexc | 80,795 | ||||||||
(2,718,262 | ) | 3/7/2023 | UBS AG | (2.18 | )% | Dow Jones U.S. TechnologySM Indexc | 213,458 | ||||||||
(35,739,205 | ) | 1,646,957 | |||||||||||||
Total Unrealized Appreciation | 1,934,059 | ||||||||||||||
Total Unrealized Depreciation | (287,102 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
c | See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Technology for the components of the underlying reference instrument and their relative weightings. |
UltraShort Utilities Schedule of Portfolio Investments |
August 31, 2022 (Unaudited)
Investments | Principal Amount ($) | Value ($) | ||||||
SHORT-TERM INVESTMENTS - 81.0% | ||||||||
REPURCHASE AGREEMENTS(a) - 81.0% | ||||||||
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $3,164,718 | ||||||||
(Cost $3,164,524) | 3,164,524 | 3,164,524 | ||||||
Total Investments - 81.0% (Cost $3,164,524) | 3,164,524 | |||||||
Other assets less liabilities - 19.0% | 744,575 | |||||||
Net Assets - 100.0% | 3,909,099 |
(a) | The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Swap Agreements
UltraShort Utilities had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($) | Termination Datea | Counterparty | Rate
Paid (Received)b | Reference Instrument | Value and Unrealized Depreciation ($) | ||||||||||
(1,733,324 | ) | 5/8/2023 | Bank of America NA | (2.13 | )% | Dow Jones U.S. UtilitiesSM Indexc | (72,030 | ) | |||||||
(271,880 | ) | 11/7/2022 | Morgan Stanley & Co. International plc | (1.98 | )% | Dow Jones U.S. UtilitiesSM Indexc | (51,771 | ) | |||||||
(2,199,091 | ) | 3/7/2023 | Societe Generale | (2.23 | )% | Dow Jones U.S. UtilitiesSM Indexc | (63,354 | ) | |||||||
(3,613,886 | ) | 3/7/2023 | UBS AG | (2.08 | )% | Dow Jones U.S. UtilitiesSM Indexc | (311,431 | ) | |||||||
(7,818,181 | ) | (498,586 | ) | ||||||||||||
Total Unrealized Depreciation | (498,586 | ) |
a | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
b | Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
c | See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Utilities for the components of the underlying reference instrument and their relative weightings. |
ProShares Trust
Notes to Schedules of portfolio investments
August 31, 2022 (UNAUDITED)
Repurchase Agreements
Each of the Funds may enter into repurchase agreements. Repurchase agreements are primarily used by the Funds as short-term investments for cash positions. Under a repurchase agreement, a Fund purchases one or more debt securities and simultaneously agrees to sell those securities back to the seller at a mutually agreed-upon future price and date, normally one day or a few days later. The resale price is greater than the purchase price, reflecting an agreed-upon market interest rate during the purchaser’s holding period. While the maturities of the underlying securities in repurchase transactions may be more than one year, the term of each repurchase agreement will always be less than one year. The Funds follow certain procedures designed to minimize the risks inherent in such agreements. These procedures include effecting repurchase transactions generally with major global financial institutions whose creditworthiness is continuously monitored by the Advisor. In addition, the value of the collateral underlying the repurchase agreement is required to be at least equal to the repurchase price, including any accrued interest income earned on the repurchase agreement. The Funds may invest in repurchase agreements through joint account arrangements; in such cases, each Fund holds a pro rata share of the collateral and interest income based upon the dollar amount of the repurchase agreements entered into by each Fund. The collateral underlying the repurchase agreement is held by the Fund’s custodian. A repurchase agreement is subject to the risk that the counterparty to the repurchase agreement that sells the securities may default on its obligation to repurchase them. In this circumstance, a Fund may lose money because it may not be able to sell the securities at the agreed upon time and price, the securities may lose value before they can be sold, the selling institution may declare bankruptcy or the Fund may have difficulty exercising rights to the collateral. During periods of high demand for repurchase agreements, the Funds may be unable to invest available cash in these instruments to the extent desired by the Advisor.
On August 31, 2022, the Funds had interest in joint repurchase agreements with the following counterparties, for the time periods and rates indicated. Amounts shown in the table below represent Principal Amount, Cost and Value for each respective repurchase agreement.
Fund Name | Bank
of America Securities, Inc., 2.25%, dated 08/31/2022 due 09/01/2022 (a) | Barclays Capital, Inc., 2.00%, dated 08/31/2022 due 09/01/2022(b) | Barclays Capital, Inc., 2.20%, dated 08/31/2022 due 09/01/2022(c) | Barclays Capital, Inc., 2.23%, dated 08/31/2022 due 09/01/2022(d) | BNP
Paribas Securities Corp., 1.90%, dated 08/31/2022 due 09/01/2022(e) | BNP
Paribas Securities Corp., 2.25%, dated 08/31/2022 due 09/01/2022(f) | ING
Financial Markets LLC, 2.25%, dated 08/31/2022 due 09/01/2022(g) | Total | ||||||||||||||||||||||||
Short 7-10 Year Treasury | $ | 665,128 | $ | 3,325,641 | $ | 6,651,283 | $ | 9,368,542 | $ | 6,651,283 | $ | 36,582,055 | $ | 11,772,770 | $ | 75,016,702 | ||||||||||||||||
Short 20+ Year Treasury | 658,064 | 3,290,321 | 6,580,641 | 9,269,041 | 6,580,641 | 36,193,527 | 11,647,734 | 74,219,969 | ||||||||||||||||||||||||
Short Dow30SM | 464,376 | 2,321,882 | 4,643,764 | 6,540,888 | 4,643,764 | 25,540,701 | 8,219,463 | 52,374,838 | ||||||||||||||||||||||||
Short Financials | 225,529 | 1,127,645 | 2,255,290 | 3,176,646 | 2,255,290 | 12,404,093 | 3,991,863 | 25,436,356 | ||||||||||||||||||||||||
Short FTSE China 50 | 50,759 | 253,796 | 507,592 | 714,959 | 507,592 | 2,791,758 | 898,439 | 5,724,895 | ||||||||||||||||||||||||
Short High Yield | 426,039 | 2,130,195 | 4,260,391 | 6,000,894 | 4,260,391 | 23,432,148 | 7,540,892 | 48,050,950 | ||||||||||||||||||||||||
Short MidCap400 | 104,104 | 520,519 | 1,041,037 | 1,466,334 | 1,041,037 | 5,725,706 | 1,842,637 | 11,741,374 | ||||||||||||||||||||||||
Short MSCI EAFE | 872,278 | 4,361,389 | 8,722,777 | 12,286,307 | 8,722,777 | 47,975,275 | 15,439,315 | 98,380,118 | ||||||||||||||||||||||||
Short MSCI Emerging Markets | 353,614 | 1,768,072 | 3,536,143 | 4,980,769 | 3,536,143 | 19,448,788 | 6,258,974 | 39,882,503 | ||||||||||||||||||||||||
Short QQQ | 2,555,383 | 12,776,913 | 25,553,827 | 35,993,373 | 25,553,827 | 140,546,050 | 45,230,275 | 288,209,648 | ||||||||||||||||||||||||
Short Real Estate | 302,025 | 1,510,124 | 3,020,247 | 4,254,112 | 3,020,247 | 16,611,359 | 5,345,837 | 34,063,951 | ||||||||||||||||||||||||
Short Russell2000 | 1,552,421 | 7,762,106 | 15,524,211 | 21,866,343 | 15,524,211 | 85,383,162 | 27,477,854 | 175,090,308 | ||||||||||||||||||||||||
Short S&P500® | 4,213,314 | 21,066,569 | 42,133,138 | 59,345,856 | 42,133,138 | 231,732,260 | 74,575,654 | 475,199,929 | ||||||||||||||||||||||||
Short SmallCap600 | 82,042 | 410,210 | 820,420 | 1,155,588 | 820,420 | 4,512,309 | 1,452,143 | 9,253,132 | ||||||||||||||||||||||||
Ultra 7-10 Year Treasury | 130,453 | 652,264 | 1,304,528 | 1,837,469 | 1,304,528 | 7,174,907 | 2,309,014 | 14,713,163 | ||||||||||||||||||||||||
Ultra 20+ Year Treasury | 368,336 | 1,841,681 | 3,683,363 | 5,188,133 | 3,683,363 | 20,258,492 | 6,519,552 | 41,542,920 | ||||||||||||||||||||||||
Ultra Basic Materials | 102,738 | 513,689 | 1,027,378 | 1,447,095 | 1,027,378 | 5,650,581 | 1,818,460 | 11,587,319 | ||||||||||||||||||||||||
Ultra Consumer Goods | 14,627 | 73,137 | 146,274 | 206,031 | 146,274 | 804,506 | 258,905 | 1,649,754 | ||||||||||||||||||||||||
Ultra Consumer Services | 36,588 | 182,941 | 365,882 | 515,356 | 365,882 | 2,012,348 | 647,612 | 4,126,609 | ||||||||||||||||||||||||
Ultra Dow30SM | 904,023 | 4,520,116 | 9,040,232 | 12,733,453 | 9,040,232 | 49,721,277 | 16,001,212 | 101,960,545 | ||||||||||||||||||||||||
Ultra Financials | 166,348 | 831,738 | 1,663,474 | 2,343,057 | 1,663,475 | 9,149,113 | 2,944,351 | 18,761,556 | ||||||||||||||||||||||||
Ultra FTSE China 50 | 38,668 | 193,334 | 386,667 | 544,633 | 386,667 | 2,126,671 | 684,401 | 4,361,041 | ||||||||||||||||||||||||
Ultra FTSE Europe | 20,273 | 101,365 | 202,730 | 285,552 | 202,730 | 1,115,016 | 358,832 | 2,286,498 | ||||||||||||||||||||||||
Ultra Health Care | 259,076 | 1,295,379 | 2,590,758 | 3,649,164 | 2,590,758 | 14,249,167 | 4,585,641 | 29,219,943 | ||||||||||||||||||||||||
Ultra High Yield | 53,224 | 266,120 | 532,241 | 749,678 | 532,241 | 2,927,324 | 942,067 | 6,002,895 | ||||||||||||||||||||||||
Ultra Industrials | 18,205 | 91,027 | 182,053 | 256,427 | 182,053 | 1,001,293 | 322,234 | 2,053,292 | ||||||||||||||||||||||||
Ultra MidCap400 | 269,003 | 1,345,013 | 2,690,027 | 3,788,988 | 2,690,027 | 14,795,146 | 4,761,347 | 30,339,551 | ||||||||||||||||||||||||
Ultra MSCI Brazil Capped | 19,722 | 98,608 | 197,217 | 277,786 | 197,217 | 1,084,692 | 349,074 | 2,224,316 | ||||||||||||||||||||||||
Ultra MSCI EAFE | 36,832 | 184,162 | 368,324 | 518,795 | 368,324 | 2,025,781 | 651,933 | 4,154,151 | ||||||||||||||||||||||||
Ultra MSCI Emerging Markets | 132,340 | 661,702 | 1,323,405 | 1,864,058 | 1,323,405 | 7,278,727 | 2,342,426 | 14,926,063 | ||||||||||||||||||||||||
Ultra MSCI Japan | 8,922 | 44,610 | 89,220 | 125,669 | 89,220 | 490,715 | 157,920 | 1,006,276 | ||||||||||||||||||||||||
Ultra Nasdaq Biotechnology | 65,228 | 326,140 | 652,278 | 918,755 | 652,278 | 3,587,529 | 1,154,531 | 7,356,739 | ||||||||||||||||||||||||
Ultra Nasdaq Cloud Computing | 2,822 | 14,111 | 28,224 | 39,753 | 28,223 | 155,226 | 49,955 | 318,314 | ||||||||||||||||||||||||
Ultra Nasdaq Cybersecurity | 6,703 | 33,516 | 67,031 | 94,415 | 67,031 | 368,672 | 118,645 | 756,013 | ||||||||||||||||||||||||
Ultra Oil & Gas | 55,791 | 278,954 | 557,909 | 785,832 | 557,909 | 3,068,499 | 987,499 | 6,292,393 | ||||||||||||||||||||||||
Ultra QQQ | 1,371,988 | 6,859,939 | 13,719,877 | 19,324,880 | 13,719,877 | 75,459,324 | 24,284,182 | 154,740,067 | ||||||||||||||||||||||||
Ultra Real Estate | 148,486 | 742,432 | 1,484,864 | 2,091,478 | 1,484,864 | 8,166,752 | 2,628,209 | 16,747,085 | ||||||||||||||||||||||||
Ultra Russell2000 | 547,199 | 2,735,997 | 5,471,993 | 7,707,475 | 5,471,993 | 30,095,962 | 9,685,428 | 61,716,047 | ||||||||||||||||||||||||
Ultra S&P500® | 2,853,624 | 14,268,122 | 28,536,244 | 40,194,201 | 28,536,244 | 156,949,341 | 50,509,150 | 321,846,926 | ||||||||||||||||||||||||
Ultra Semiconductors | 135,744 | 678,722 | 1,357,444 | 1,912,003 | 1,357,444 | 7,465,939 | 2,402,675 | 15,309,971 | ||||||||||||||||||||||||
Ultra SmallCap600 | 92,681 | 463,405 | 926,811 | 1,305,442 | 926,811 | 5,097,458 | 1,640,454 | 10,453,062 | ||||||||||||||||||||||||
Ultra Technology | 725,232 | 3,626,158 | 7,252,317 | 10,215,116 | 7,252,316 | 39,887,741 | 12,836,601 | 81,795,481 | ||||||||||||||||||||||||
Ultra Telecommunications | 3,241 | 16,205 | 32,411 | 45,652 | 32,411 | 178,260 | 57,367 | 365,547 | ||||||||||||||||||||||||
Ultra Utilities | 20,586 | 102,928 | 205,857 | 289,955 | 205,857 | 1,132,210 | 364,366 | 2,321,759 | ||||||||||||||||||||||||
UltraPro Dow30SM | 1,625,914 | 8,129,571 | 16,259,142 | 22,901,515 | 16,259,142 | 89,425,279 | 28,778,681 | 183,379,244 | ||||||||||||||||||||||||
UltraPro MidCap400 | 67,302 | 336,506 | 673,013 | 947,960 | 673,013 | 3,701,570 | 1,191,232 | 7,590,596 | ||||||||||||||||||||||||
UltraPro QQQ | 9,942,435 | 49,712,173 | 99,424,345 | 140,042,329 | 99,424,345 | 546,833,898 | 175,981,091 | 1,121,360,616 | ||||||||||||||||||||||||
UltraPro Russell2000 | 654,917 | 3,274,583 | 6,549,165 | 9,224,706 | 6,549,165 | 36,020,407 | 11,592,023 | 73,864,966 | ||||||||||||||||||||||||
UltraPro S&P500® | 3,070,227 | 15,351,131 | 30,702,262 | 43,245,106 | 30,702,262 | 168,862,444 | 54,343,005 | 346,276,437 | ||||||||||||||||||||||||
UltraPro Short 20+ Year Treasury | 1,143,493 | 5,717,467 | 11,434,933 | 16,106,465 | 11,434,934 | 62,892,134 | 20,239,832 | 128,969,258 | ||||||||||||||||||||||||
UltraPro Short Dow30SM | 476,364 | 2,381,822 | 4,763,643 | 6,709,742 | 4,763,643 | 26,200,037 | 8,431,649 | 53,726,900 | ||||||||||||||||||||||||
UltraPro Short MidCap400 | 60,352 | 301,766 | 603,533 | 850,095 | 603,533 | 3,319,429 | 1,068,253 | 6,806,961 | ||||||||||||||||||||||||
UltraPro Short QQQ | 3,166,563 | 15,832,816 | 31,665,633 | 44,602,044 | 31,665,633 | 174,160,980 | 56,048,171 | 357,141,840 | ||||||||||||||||||||||||
UltraPro Short Russell2000 | 324,381 | 1,621,902 | 3,243,804 | 4,569,001 | 3,243,804 | 17,840,925 | 5,741,533 | 36,585,350 | ||||||||||||||||||||||||
UltraPro Short S&P500® | 628,837 | 3,144,191 | 6,288,382 | 8,857,385 | 6,288,382 | 34,586,101 | 11,130,437 | 70,923,715 | ||||||||||||||||||||||||
UltraShort 7-10 Year Treasury | 465,287 | 2,326,433 | 4,652,867 | 6,553,710 | 4,652,867 | 25,590,768 | 8,235,574 | 52,477,506 | ||||||||||||||||||||||||
UltraShort 20+ Year Treasury | 851,720 | 4,258,601 | 8,517,201 | 11,996,747 | 8,517,201 | 46,844,607 | 15,075,446 | 96,061,523 | ||||||||||||||||||||||||
UltraShort Basic Materials | 37,290 | 186,451 | 372,902 | 525,244 | 372,902 | 2,050,958 | 660,035 | 4,205,782 | ||||||||||||||||||||||||
UltraShort Consumer Goods | 28,868 | 144,339 | 288,678 | 406,611 | 288,677 | 1,587,725 | 510,960 | 3,255,858 | ||||||||||||||||||||||||
UltraShort Consumer Services | 56,324 | 281,622 | 563,244 | 793,347 | 563,244 | 3,097,843 | 996,943 | 6,352,567 | ||||||||||||||||||||||||
UltraShort Dow30SM | 755,746 | 3,778,732 | 7,557,464 | 10,644,927 | 7,557,464 | 41,566,052 | 13,376,712 | 85,237,097 | ||||||||||||||||||||||||
UltraShort Financials | 72,123 | 360,615 | 721,229 | 1,015,874 | 721,229 | 3,966,761 | 1,276,576 | 8,134,407 | ||||||||||||||||||||||||
UltraShort FTSE China 50 | 156,136 | 780,683 | 1,561,365 | 2,199,232 | 1,561,365 | 8,587,507 | 2,763,615 | 17,609,903 | ||||||||||||||||||||||||
UltraShort FTSE Europe | 641,186 | 3,205,930 | 6,411,860 | 9,031,308 | 6,411,860 | 35,265,234 | 11,348,992 | 72,316,370 | ||||||||||||||||||||||||
UltraShort Health Care | 51,172 | 255,861 | 511,722 | 720,777 | 511,722 | 2,814,470 | 905,747 | 5,771,471 |
Fund Name | Bank
of America Securities, Inc., 2.25%, dated 08/31/2022 due 09/01/2022 (a) | Barclays Capital, Inc., 2.00%, dated 08/31/2022 due 09/01/2022(b) | Barclays Capital, Inc., 2.20%, dated 08/31/2022 due 09/01/2022(c) | Barclays Capital, Inc., 2.23%, dated 08/31/2022 due 09/01/2022(d) | BNP
Paribas Securities Corp., 1.90%, dated 08/31/2022 due 09/01/2022(e) | BNP
Paribas Securities Corp., 2.25%, dated 08/31/2022 due 09/01/2022(f) | ING
Financial Markets LLC, 2.25%, dated 08/31/2022 due 09/01/2022(g) | Total | ||||||||||||||||||||||||
UltraShort Industrials | 10,598 | 52,992 | 105,983 | 149,281 | 105,983 | 582,909 | 187,591 | 1,195,337 | ||||||||||||||||||||||||
UltraShort MidCap400 | 21,995 | 109,975 | 219,951 | 309,808 | 219,951 | 1,209,730 | 389,314 | 2,480,724 | ||||||||||||||||||||||||
UltraShort MSCI Brazil Capped | 90,648 | 453,238 | 906,477 | 1,276,801 | 906,477 | 4,985,620 | 1,604,464 | 10,223,725 | ||||||||||||||||||||||||
UltraShort MSCI EAFE | 18,785 | 93,926 | 187,852 | 264,597 | 187,853 | 1,033,190 | 332,498 | 2,118,701 | ||||||||||||||||||||||||
UltraShort MSCI Emerging Markets | 76,518 | 382,592 | 765,184 | 1,077,786 | 765,184 | 4,208,514 | 1,354,376 | 8,630,154 | ||||||||||||||||||||||||
UltraShort MSCI Japan | 29,630 | 148,148 | 296,297 | 417,344 | 296,297 | 1,629,631 | 524,445 | 3,341,792 | ||||||||||||||||||||||||
UltraShort Nasdaq Biotechnology | 35,847 | 179,238 | 358,475 | 504,924 | 358,476 | 1,971,615 | 634,502 | 4,043,077 | ||||||||||||||||||||||||
UltraShort Oil & Gas | 248,352 | 1,241,759 | 2,483,518 | 3,498,114 | 2,483,518 | 13,659,348 | 4,395,826 | 28,010,435 | ||||||||||||||||||||||||
UltraShort QQQ | 967,279 | 4,836,395 | 9,672,790 | 13,624,431 | 9,672,790 | 53,200,348 | 17,120,838 | 109,094,871 | ||||||||||||||||||||||||
UltraShort Real Estate | 359,896 | 1,799,473 | 3,598,946 | 5,069,229 | 3,598,946 | 19,794,205 | 6,370,135 | 40,590,830 | ||||||||||||||||||||||||
UltraShort Russell2000 | 439,948 | 2,199,740 | 4,399,481 | 6,196,808 | 4,399,481 | 24,197,143 | 7,787,079 | 49,619,680 | ||||||||||||||||||||||||
UltraShort S&P500® | 845,674 | 4,228,368 | 8,456,736 | 11,911,580 | 8,456,736 | 46,512,049 | 14,968,423 | 95,379,566 | ||||||||||||||||||||||||
UltraShort Semiconductors | 61,779 | 308,897 | 617,794 | 870,182 | 617,794 | 3,397,870 | 1,093,496 | 6,967,812 | ||||||||||||||||||||||||
UltraShort SmallCap600 | 36,409 | 182,046 | 364,092 | 512,835 | 364,092 | 2,002,508 | 644,445 | 4,106,427 | ||||||||||||||||||||||||
UltraShort Technology | 123,286 | 616,431 | 1,232,861 | 1,736,524 | 1,232,861 | 6,780,736 | 2,182,164 | 13,904,863 | ||||||||||||||||||||||||
UltraShort Utilities | 28,058 | 140,290 | 280,579 | 395,205 | 280,579 | 1,543,188 | 496,625 | 3,164,524 | ||||||||||||||||||||||||
$ | 48,805,118 | $ | 244,025,600 | $ | 488,051,197 | $ | 687,435,527 | $ | 488,051,198 | $ | 2,684,281,593 | $ | 863,850,621 | $ | 5,504,500,854 |
Each Repurchase Agreement was fully collateralized by U.S. government and/or agency securities at August 31, 2022 as follows:
(a) U.S. Treasury Bonds, 0%, due 11/15/2031, which had an aggregate value at the Trust level of $51,000,000.
(b) U.S. Treasury Notes, 0.88% to 2.25%, due 11/15/2025 to 11/15/2030, which had an aggregate value at the Trust level of $255,000,076.
(c) U.S. Treasury Bills, 0%, due 9/27/2022; U.S. Treasury Notes, 0.13% to 2.94%, due 1/15/2023 to 8/15/2031, which had an aggregate value at the Trust level of $510,000,058.
(d) U.S. Treasury Bills, 0%, due 9/27/2022; U.S. Treasury Notes, 0.13% to 2.94%, due 1/15/2023 to 8/15/2031, which had an aggregate value at the Trust level of $718,351,191.
(e) U.S. Treasury Bills, 0%, due 9/29/2022; U.S. Treasury Bonds, 4.38%, due 5/15/2041; U.S. Treasury Notes, 0.13% to 2.25%, due 4/30/2023 to 7/15/2032, which had an aggregate value at the Trust level of $510,000,027.
(f) U.S. Treasury Bills, 0%, due 10/25/2022 to 12/22/2022; U.S. Treasury Bonds, 0% to 7.63%, due 11/15/2022 to 5/15/2052; U.S. Treasury Notes, 0.13% to 3.13%, due 1/15/2023 to 5/15/2031, which had an aggregate value at the Trust level of $2,805,000,000.
(g) Federal Farm Credit Bank, 2.96%, due 11/16/2022; Federal Home Loan Bank, 0.5% to 2.34%, due 5/20/2024 to 6/13/2025; Federal Home Loan Mortgage Corp., 0%, due 9/15/2029 to 3/15/2031; Federal National Mortgage Association, 0% to 6.63%, due 9/6/2024 to 11/15/2030; U.S. Treasury Bills, 0%, due 9/8/2022 to 8/10/2023; U.S. Treasury Bonds, 0.13% to 4.25%, due 5/15/2039 to 2/15/2052; U.S. Treasury Notes, 0.13% to 3.25%, due 1/31/2023 to 2/15/2031; which had an aggregate value at the Trust level of $902,701,044.