Schedule of investments
Optimum Large Cap Value Fund
December 31, 2023 (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks — 98.14% | |||
Communication Services — 5.37% | |||
Alphabet Class A † | 78,728 | $ 10,997,514 | |
Charter Communications Class A † | 17,176 | 6,675,968 | |
Comcast Class A | 772,927 | 33,892,849 | |
Fox Class A | 228,566 | 6,781,553 | |
Meta Platforms Class A † | 36,706 | 12,992,456 | |
Verizon Communications | 239,230 | 9,018,971 | |
Walt Disney | 140,231 | 12,661,457 | |
93,020,768 | |||
Consumer Discretionary — 3.44% | |||
Darden Restaurants | 62,315 | 10,238,354 | |
General Motors | 198,928 | 7,145,494 | |
Lowe's | 133,690 | 29,752,709 | |
Marriott International Class A | 55,511 | 12,518,286 | |
59,654,843 | |||
Consumer Staples — 6.42% | |||
Archer-Daniels-Midland | 31,923 | 2,305,479 | |
Diageo | 311,851 | 11,352,625 | |
Kenvue | 425,311 | 9,156,946 | |
Kimberly-Clark | 50,751 | 6,166,754 | |
Mondelez International Class A | 180,642 | 13,083,900 | |
Nestle | 114,437 | 13,267,644 | |
PepsiCo | 123,774 | 21,021,776 | |
Procter & Gamble | 43,590 | 6,387,679 | |
Reckitt Benckiser Group | 40,368 | 2,788,865 | |
Target | 140,375 | 19,992,207 | |
Tyson Foods Class A | 106,259 | 5,711,421 | |
111,235,296 | |||
Energy — 7.21% | |||
Chevron | 43,559 | 6,497,260 | |
ConocoPhillips | 340,991 | 39,578,825 | |
EOG Resources | 156,451 | 18,922,749 | |
Exxon Mobil | 244,584 | 24,453,508 | |
Phillips 66 | 60,343 | 8,034,067 | |
Pioneer Natural Resources | 56,874 | 12,789,825 | |
Schlumberger | 280,266 | 14,585,043 | |
124,861,277 | |||
Financials — 22.27% | |||
American Express | 126,721 | 23,739,912 | |
Aon Class A | 63,955 | 18,612,184 | |
Bank of America | 456,008 | 15,353,789 | |
Berkshire Hathaway Class B † | 43,360 | 15,464,778 | |
BlackRock | 33,454 | 27,157,957 | |
Chubb | 71,617 | 16,185,442 | |
Citigroup | 216,901 | 11,157,388 | |
Hartford Financial Services Group | 147,771 | 11,877,833 | |
Intercontinental Exchange | 99,953 | 12,836,964 |
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
Financials (continued) | |||
JPMorgan Chase & Co. | 398,229 | $ 67,738,753 | |
KKR & Co. | 89,618 | 7,424,851 | |
Marsh & McLennan | 111,734 | 21,170,241 | |
Morgan Stanley | 182,005 | 16,971,966 | |
Nasdaq | 220,768 | 12,835,452 | |
PayPal Holdings † | 147,588 | 9,063,379 | |
PNC Financial Services Group | 62,583 | 9,690,978 | |
Progressive | 152,201 | 24,242,575 | |
Prudential Financial | 51,828 | 5,375,082 | |
S&P Global | 31,795 | 14,006,333 | |
State Street | 51,023 | 3,952,242 | |
Travelers | 120,938 | 23,037,480 | |
Truist Financial | 96,959 | 3,579,726 | |
Wells Fargo & Co. | 289,710 | 14,259,526 | |
385,734,831 | |||
Healthcare — 16.51% | |||
Abbott Laboratories | 236,571 | 26,039,370 | |
AbbVie | 127,480 | 19,755,576 | |
Amgen | 32,102 | 9,246,018 | |
Avantor † | 286,886 | 6,549,607 | |
Becton Dickinson and Co. | 36,232 | 8,834,449 | |
Boston Scientific † | 388,461 | 22,456,930 | |
Bristol-Myers Squibb | 171,770 | 8,813,519 | |
Cencora | 57,627 | 11,835,433 | |
Cigna Group | 82,592 | 24,732,174 | |
CVS Health | 148,320 | 11,711,347 | |
Elevance Health | 10,926 | 5,152,265 | |
Johnson & Johnson | 191,694 | 30,046,118 | |
McKesson | 41,976 | 19,434,048 | |
Medtronic | 57,194 | 4,711,642 | |
Merck & Co. | 285,826 | 31,160,751 | |
Pfizer | 487,367 | 14,031,296 | |
Roche Holding | 9,243 | 2,687,014 | |
Thermo Fisher Scientific | 28,269 | 15,004,902 | |
UnitedHealth Group | 25,957 | 13,665,582 | |
285,868,041 | |||
Industrials — 15.87% | |||
Canadian National Railway | 40,413 | 5,077,085 | |
Carrier Global | 195,796 | 11,248,480 | |
Caterpillar | 40,348 | 11,929,693 | |
CSX | 385,428 | 13,362,789 | |
Eaton | 51,927 | 12,505,060 | |
Equifax | 35,722 | 8,833,693 | |
General Dynamics | 62,580 | 16,250,149 | |
Honeywell International | 152,748 | 32,032,783 | |
Illinois Tool Works | 46,343 | 12,139,085 | |
Johnson Controls International | 98,315 | 5,666,877 | |
Northrop Grumman | 53,557 | 25,072,174 | |
Otis Worldwide | 32,491 | 2,906,970 |
NQ- OPTLV [1223] 0224 (3376051) 1
Schedule of investments
Optimum Large Cap Value Fund (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
Industrials (continued) | |||
Owens Corning | 70,206 | $ 10,406,635 | |
PACCAR | 59,237 | 5,784,493 | |
Parker-Hannifin | 37,483 | 17,268,418 | |
Quanta Services | 75,331 | 16,256,430 | |
RTX | 308,446 | 25,952,647 | |
Southwest Airlines | 179,203 | 5,175,383 | |
Textron | 134,133 | 10,786,976 | |
Trane Technologies | 29,040 | 7,082,856 | |
Union Pacific | 75,999 | 18,666,874 | |
Veralto | 5,397 | 443,957 | |
274,849,507 | |||
Information Technology — 8.16% | |||
Accenture Class A | 51,567 | 18,095,376 | |
Analog Devices | 86,667 | 17,208,600 | |
Broadcom | 10,433 | 11,645,836 | |
KLA | 25,720 | 14,951,036 | |
Micron Technology | 116,227 | 9,918,812 | |
Microsoft | 29,837 | 11,219,906 | |
Motorola Solutions | 39,005 | 12,212,075 | |
NXP Semiconductors | 45,022 | 10,340,653 | |
ON Semiconductor † | 131,796 | 11,008,920 | |
Oracle | 112,524 | 11,863,405 | |
Texas Instruments | 75,415 | 12,855,241 | |
141,319,860 | |||
Materials — 3.90% | |||
Air Products and Chemicals | 39,353 | 10,774,851 | |
Corteva | 89,611 | 4,294,159 | |
DuPont de Nemours | 293,384 | 22,570,031 | |
Freeport-McMoRan | 165,043 | 7,025,881 | |
Martin Marietta Materials | 19,796 | 9,876,422 | |
PPG Industries | 43,911 | 6,566,890 | |
Sherwin-Williams | 20,624 | 6,432,626 | |
67,540,860 | |||
Real Estate — 3.47% | |||
American Tower | 48,344 | 10,436,503 | |
Equity LifeStyle Properties | 92,410 | 6,518,601 | |
Prologis | 214,315 | 28,568,190 | |
Public Storage | 47,768 | 14,569,240 | |
60,092,534 | |||
Utilities — 5.52% | |||
American Electric Power | 50,047 | 4,064,817 | |
Dominion Energy | 218,343 | 10,262,121 |
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
Utilities (continued) | |||
Duke Energy | 300,432 | $ 29,153,921 | |
Exelon | 169,037 | 6,068,428 | |
NextEra Energy | 178,059 | 10,815,304 | |
PG&E | 365,302 | 6,586,395 | |
Southern | 220,417 | 15,455,640 | |
Xcel Energy | 213,729 | 13,231,963 | |
95,638,589 | |||
Total Common Stocks (cost $1,286,116,704) | 1,699,816,406 | ||
Short-Term Investments — 0.89% | |||
Money Market Mutual Funds — 0.89% | |||
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 5.26%) | 3,859,961 | 3,859,961 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 5.25%) | 3,859,960 | 3,859,960 | |
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 5.37%) | 3,859,960 | 3,859,960 | |
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 5.27%) | 3,859,961 | 3,859,961 | |
Total Short-Term Investments (cost $15,439,842) | 15,439,842 | ||
Total Value of Securities—99.03% (cost $1,301,556,546) | 1,715,256,248 | ||
Receivables and Other Assets Net of Liabilities—0.97% | 16,726,664 | ||
Net Assets Applicable to 99,120,961 Shares Outstanding—100.00% | $1,731,982,912 |
† | Non-income producing security. |
Summary of abbreviations: |
S&P – Standard & Poor’s Financial Services LLC |
2 NQ- OPTLV [1223] 0224 (3376051)