Schedule of investments
Optimum Large Cap Growth Fund
December 31, 2022 (Unaudited)
| Number of shares | Value (US $) | ||
| Common Stocks — 97.85%♦ | |||
| Communication Services — 7.36% | |||
| Alphabet Class A † | 282,200 | $ 24,898,506 | |
| Alphabet Class C † | 309,936 | 27,500,621 | |
| Meta Platforms Class A † | 177,681 | 21,382,132 | |
| Netflix † | 106,272 | 31,337,487 | |
| Sea ADR † | 96,650 | 5,028,699 | |
| Walt Disney † | 53,552 | 4,652,598 | |
| 114,800,043 | |||
| Consumer Discretionary — 13.58% | |||
| Advance Auto Parts | 69,530 | 10,222,996 | |
| Amazon.com † | 978,040 | 82,155,360 | |
| Aptiv † | 113,433 | 10,564,015 | |
| Chipotle Mexican Grill † | 11,794 | 16,364,057 | |
| Lululemon Athletica † | 53,707 | 17,206,649 | |
| Magic Leap Class A =, † | 2,058 | 37,542 | |
| NIKE Class B | 294,938 | 34,510,695 | |
| Pool | 15,261 | 4,613,858 | |
| Sonos † | 50,780 | 858,182 | |
| Tesla † | 189,349 | 23,324,010 | |
| Tractor Supply | 20,410 | 4,591,638 | |
| Wingstop | 53,789 | 7,402,442 | |
| 211,851,444 | |||
| Consumer Staples — 4.55% | |||
| Constellation Brands Class A | 67,302 | 15,597,238 | |
| Costco Wholesale | 35,904 | 16,390,176 | |
| Estee Lauder Class A | 68,125 | 16,902,494 | |
| Monster Beverage † | 217,820 | 22,115,265 | |
| 71,005,173 | |||
| Energy — 0.94% | |||
| EOG Resources | 112,956 | 14,630,061 | |
| 14,630,061 | |||
| Financials — 3.06% | |||
| JPMorgan Chase & Co. | 24,601 | 3,298,994 | |
| Marsh & McLennan | 72,100 | 11,931,108 | |
| MSCI | 23,186 | 10,785,432 | |
| S&P Global | 64,946 | 21,753,013 | |
| 47,768,547 | |||
| Healthcare — 18.89% | |||
| Alcon | 255,920 | 17,543,316 | |
| Dexcom † | 232,722 | 26,353,439 | |
| Edwards Lifesciences † | 111,537 | 8,321,776 | |
| Eli Lilly & Co. | 20,692 | 7,569,961 | |
| Genmab † | 17,345 | 7,343,186 | |
| IDEXX Laboratories † | 19,791 | 8,073,936 | |
| Insulet † | 24,347 | 7,167,513 | |
| Intuitive Surgical † | 139,750 | 37,082,663 | |
| Maravai LifeSciences Holdings Class A † | 101,896 | 1,458,132 | |
| Regeneron Pharmaceuticals † | 31,545 | 22,759,402 | |
| Number of shares | Value (US $) | ||
| Common Stocks♦ (continued) | |||
| Healthcare (continued) | |||
| Stryker | 65,900 | $ 16,111,891 | |
| Thermo Fisher Scientific | 47,830 | 26,339,503 | |
| UnitedHealth Group | 145,561 | 77,173,531 | |
| Waters † | 25,107 | 8,601,156 | |
| Zoetis | 155,400 | 22,773,870 | |
| 294,673,275 | |||
| Industrials — 9.21% | |||
| Acuity Brands | 41,683 | 6,903,122 | |
| Advanced Drainage Systems | 71,162 | 5,833,149 | |
| Copart † | 73,934 | 4,501,841 | |
| Donaldson | 53,936 | 3,175,212 | |
| Eaton | 121,390 | 19,052,161 | |
| Fortive | 83,521 | 5,366,224 | |
| JB Hunt Transport Services | 51,903 | 9,049,807 | |
| Nordson | 30,100 | 7,155,372 | |
| Raytheon Technologies | 213,190 | 21,515,135 | |
| Uber Technologies † | 414,045 | 10,239,333 | |
| United Parcel Service Class B | 114,980 | 19,988,123 | |
| Westinghouse Air Brake Technologies | 67,445 | 6,731,685 | |
| WW Grainger | 37,870 | 21,065,188 | |
| Yaskawa Electric | 95,700 | 3,080,863 | |
| 143,657,215 | |||
| Information Technology — 38.29% | |||
| Adobe † | 38,240 | 12,868,907 | |
| Advanced Micro Devices † | 132,653 | 8,591,935 | |
| Adyen 144A #, † | 6,621 | 9,131,470 | |
| Analog Devices | 68,047 | 11,161,749 | |
| Apple | 1,046,036 | 135,911,458 | |
| Applied Materials | 115,848 | 11,281,278 | |
| ASML Holding | 12,466 | 6,722,823 | |
| ASML Holding | 28,270 | 15,446,728 | |
| Atlassian Class A Class A † | 63,030 | 8,110,700 | |
| Block † | 59,899 | 3,764,053 | |
| Cognex | 32,900 | 1,549,919 | |
| DocuSign † | 83,476 | 4,626,240 | |
| Intel | 241,000 | 6,369,630 | |
| Keyence | 6,300 | 2,468,348 | |
| Mastercard Class A | 117,985 | 41,026,924 | |
| Microsoft | 448,900 | 107,655,198 | |
| NVIDIA | 284,458 | 41,570,692 | |
| Okta † | 15,245 | 1,041,691 | |
| Palo Alto Networks † | 126,310 | 17,625,297 | |
| Paycom Software † | 25,687 | 7,970,933 | |
| PayPal Holdings † | 208,453 | 14,846,023 | |
| Salesforce † | 133,724 | 17,730,465 | |
| Shopify Class A † | 29,002 | 1,006,659 | |
| Splunk † | 122,045 | 10,506,854 | |
| Unity Software † | 87,300 | 2,495,907 | |
NQ-OPTLG [12/22] 2/23 (2747702) 1
Schedule of investments
Optimum Large Cap Growth Fund (Unaudited)
| Number of shares | Value (US $) | ||
| Common Stocks♦ (continued) | |||
| Information Technology (continued) | |||
| Visa Class A | 391,852 | $ 81,411,172 | |
| Workday Class A † | 66,920 | 11,197,724 | |
| Zscaler † | 28,904 | 3,234,358 | |
| 597,325,135 | |||
| Materials — 1.10% | |||
| Ecolab | 28,062 | 4,084,705 | |
| Sherwin-Williams | 54,900 | 13,029,417 | |
| 17,114,122 | |||
| Real Estate — 0.87% | |||
| Equinix | 20,680 | 13,546,020 | |
| 13,546,020 | |||
| Total Common Stocks (cost $1,341,388,073) | 1,526,371,035 | ||
| Exchange-Traded Fund — 0.23% | |||
| iShares Russell 1000 Growth ETF | 17,045 | 3,651,721 | |
| Total Exchange-Traded Fund (cost $3,759,113) | 3,651,721 | ||
| Rights — 0.00% | |||
| ABIOMED † | 15,699 | 16,013 | |
| Total Rights (cost $0) | 16,013 | ||
| Short-Term Investments — 1.96% | |||
| Money Market Mutual Funds — 1.96% | |||
| BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 4.03%) | 7,624,652 | 7,624,652 | |
| Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 4.06%) | 7,624,653 | 7,624,653 | |
| Number of shares | Value (US $) | ||
| Short-Term Investments (continued) | |||
| Money Market Mutual Funds (continued) | |||
| Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 4.23%) | 7,624,653 | $ 7,624,653 | |
| Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 4.11%) | 7,624,653 | 7,624,653 | |
| Total Short-Term Investments (cost $30,498,611) | 30,498,611 | ||
| Total Value of Securities—100.04% (cost $1,375,645,797) | 1,560,537,380 | ||
| Liabilities Net of Receivables and Other Assets—(0.04%) | (619,811) | ||
| Net Assets Applicable to 98,753,940 Shares Outstanding—100.00% | $1,559,917,569 | ||
| ♦ | Narrow industries are utilized for compliance purposes for concentration whereas broad sectors are used for financial reporting. |
| † | Non-income producing security. |
| = | The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security. |
| # | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At December 31, 2022, the aggregate value of Rule 144A securities was $9,131,470, which represents 0.59% of the Fund's net assets. |
The following foreign currency exchange contracts were outstanding at December 31, 2022:
| Foreign Currency Exchange Contracts | ||||||||||
| Counterparty | Currency to Receive (Deliver) | In Exchange For | Settlement Date | Unrealized Depreciation | ||||||
| BAML | JPY | (255,435,075) | USD | 1,887,944 | 3/31/23 | $(82,819) | ||||
| JPMCB | EUR | (5,668,767) | USD | 6,070,025 | 3/31/23 | (36,434) | ||||
| Total Foreign Currency Exchange Contracts | $(119,253) | |||||||||
The use of foreign currency exchange contracts involves elements of market risk and risks in excess of the amounts disclosed in the financial statements. The foreign currency exchange contracts presented above represent the Fund’s total exposure in such contracts, whereas only the net unrealized appreciation (depreciation) is reflected in the Fund’s net assets.
2 NQ-OPTLG [12/22] 2/23 (2747702)
(Unaudited)
| Summary of abbreviations: |
| ADR – American Depositary Receipt |
| BAML – Bank of America Merrill Lynch |
| ETF – Exchange-Traded Fund |
| JPMCB – JPMorgan Chase Bank |
| MSCI – Morgan Stanley Capital International |
| S&P – Standard & Poor’s Financial Services LLC |
| Summary of currencies: |
| EUR – European Monetary Unit |
| JPY – Japanese Yen |
| USD – US Dollar |
NQ-OPTLG [12/22] 2/23 (2747702) 3