Schedule of investments
Optimum Large Cap Growth Fund
December 31, 2023 (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks — 99.70%♦ | |||
Communication Services — 11.11% | |||
Alphabet Class A † | 406,035 | $ 56,719,029 | |
Alphabet Class C † | 397,849 | 56,068,860 | |
Live Nation Entertainment † | 56,147 | 5,255,359 | |
Meta Platforms Class A † | 137,224 | 48,571,807 | |
Netflix † | 54,187 | 26,382,566 | |
Pinterest Class A † | 164,695 | 6,100,303 | |
199,097,924 | |||
Consumer Discretionary — 17.32% | |||
Amazon.com † | 684,040 | 103,933,038 | |
Booking Holdings † | 3,300 | 11,705,826 | |
Burlington Stores † | 1,253 | 243,683 | |
Chipotle Mexican Grill † | 8,338 | 19,068,673 | |
DoorDash Class A † | 78,711 | 7,783,731 | |
DraftKings Class A † | 44,312 | 1,561,998 | |
Grand Canyon Education † | 39,625 | 5,232,085 | |
Hilton Worldwide Holdings | 1,644 | 299,356 | |
Home Depot | 23,337 | 8,087,437 | |
Las Vegas Sands | 20,551 | 1,011,315 | |
Lululemon Athletica † | 52,639 | 26,913,794 | |
Magic Leap Class A =, † | 2,058 | 715 | |
McDonald's | 12,361 | 3,665,160 | |
Murphy USA | 2,485 | 886,052 | |
NIKE Class B | 110,637 | 12,011,859 | |
O'Reilly Automotive † | 3,933 | 3,736,665 | |
Pool | 4,657 | 1,856,792 | |
PulteGroup | 26,259 | 2,710,454 | |
Ross Stores | 59,753 | 8,269,218 | |
Royal Caribbean Cruises † | 1,852 | 239,815 | |
Starbucks | 123,931 | 11,898,615 | |
Tesla † | 185,359 | 46,058,004 | |
TJX | 109,973 | 10,316,567 | |
Toll Brothers | 79,314 | 8,152,686 | |
TopBuild † | 3,037 | 1,136,628 | |
Ulta Beauty † | 6,342 | 3,107,517 | |
Wingstop | 40,737 | 10,452,299 | |
310,339,982 | |||
Consumer Staples — 2.88% | |||
Constellation Brands Class A | 26,473 | 6,399,848 | |
Costco Wholesale | 50,469 | 33,313,577 | |
PepsiCo | 3,702 | 628,748 | |
Target | 79,484 | 11,320,111 | |
51,662,284 | |||
Energy — 0.64% | |||
EOG Resources | 55,490 | 6,711,516 | |
Schlumberger | 89,955 | 4,681,258 | |
11,392,774 | |||
Financials — 6.78% | |||
Block † | 30,421 | 2,353,064 |
Number of shares | Value (US $) | ||
Common Stocks♦ (continued) | |||
Financials (continued) | |||
Marsh & McLennan | 2,257 | $ 427,634 | |
Mastercard Class A | 115,294 | 49,174,044 | |
MSCI | 27,138 | 15,350,610 | |
Primerica | 7,750 | 1,594,640 | |
Progressive | 56,203 | 8,952,014 | |
RLI | 23,487 | 3,126,590 | |
SLM | 35,143 | 671,934 | |
Tradeweb Markets Class A | 32,163 | 2,922,973 | |
Visa Class A | 141,949 | 36,956,422 | |
121,529,925 | |||
Healthcare — 10.58% | |||
AbbVie | 15,514 | 2,404,205 | |
Amgen | 26,309 | 7,577,518 | |
Biogen † | 17,945 | 4,643,628 | |
Cigna Group | 1,010 | 302,445 | |
Dexcom † | 92,345 | 11,459,091 | |
Edwards Lifesciences † | 56,594 | 4,315,293 | |
Elevance Health | 2,314 | 1,091,190 | |
Eli Lilly & Co. | 59,850 | 34,887,762 | |
Genmab † | 11,651 | 3,718,202 | |
Gilead Sciences | 28,100 | 2,276,381 | |
Humana | 732 | 335,117 | |
IDEXX Laboratories † | 8,551 | 4,746,233 | |
Incyte † | 72,275 | 4,538,147 | |
Insulet † | 14,791 | 3,209,351 | |
Intuitive Surgical † | 45,684 | 15,411,954 | |
Medpace Holdings † | 36,252 | 11,112,326 | |
Molina Healthcare † | 424 | 153,195 | |
Neurocrine Biosciences † | 41,194 | 5,427,721 | |
Regeneron Pharmaceuticals † | 19,231 | 16,890,395 | |
UnitedHealth Group | 81,390 | 42,849,393 | |
Veeva Systems Class A † | 33,496 | 6,448,650 | |
Vertex Pharmaceuticals † | 4,607 | 1,874,542 | |
Waters † | 11,479 | 3,779,231 | |
189,451,970 | |||
Industrials — 4.84% | |||
Acuity Brands | 24,618 | 5,042,505 | |
Advanced Drainage Systems | 42,540 | 5,982,826 | |
Boeing † | 19,170 | 4,996,852 | |
Cintas | 5,767 | 3,475,540 | |
Copart † | 114,178 | 5,594,722 | |
Core & Main Class A † | 2,423 | 97,913 | |
Donaldson | 37,248 | 2,434,157 | |
EMCOR Group | 27,485 | 5,921,094 | |
Fastenal | 50,713 | 3,284,681 | |
Fortive | 73,023 | 5,376,683 | |
JB Hunt Transport Services | 23,428 | 4,679,509 | |
Johnson Controls International | 60,903 | 3,510,449 | |
Lockheed Martin | 8,686 | 3,936,843 |
NQ- OPTLG [1223] 0224 (3376045) 1
Schedule of investments
Optimum Large Cap Growth Fund (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks♦ (continued) | |||
Industrials (continued) | |||
Nordson | 19,667 | $ 5,195,235 | |
Paycom Software | 17,150 | 3,545,248 | |
Trane Technologies | 21,529 | 5,250,923 | |
Uber Technologies † | 56,683 | 3,489,972 | |
Vertiv Holdings Class A | 5,642 | 270,985 | |
Waste Management | 23,141 | 4,144,553 | |
Westinghouse Air Brake Technologies | 29,588 | 3,754,717 | |
WW Grainger | 5,923 | 4,908,331 | |
Yaskawa Electric | 42,400 | 1,771,177 | |
86,664,915 | |||
Information Technology — 44.96% | |||
Accenture Class A | 769 | 269,850 | |
Adobe † | 18,855 | 11,248,893 | |
Advanced Micro Devices † | 30,315 | 4,468,734 | |
Analog Devices | 52,209 | 10,366,619 | |
Apple | 1,162,369 | 223,790,904 | |
Applied Materials | 128,138 | 20,767,326 | |
AppLovin Class A † | 72,460 | 2,887,531 | |
Arista Networks † | 23,636 | 5,566,514 | |
ASML Holding | 12,424 | 9,349,839 | |
Atlassian Class A † | 11,133 | 2,648,095 | |
Autodesk † | 14,164 | 3,448,651 | |
Broadcom | 14,728 | 16,440,130 | |
Cadence Design Systems † | 21,287 | 5,797,940 | |
Cloudflare Class A † | 9,687 | 806,540 | |
Cognex | 57,496 | 2,399,883 | |
Crowdstrike Holdings Class A † | 16,310 | 4,164,269 | |
Datadog Class A † | 81,185 | 9,854,235 | |
DocuSign † | 169,986 | 10,105,668 | |
Dynatrace † | 123,484 | 6,753,340 | |
Elastic † | 29,273 | 3,299,067 | |
Fair Isaac † | 11,986 | 13,951,824 | |
Fortinet † | 47,688 | 2,791,179 | |
Gartner † | 21,027 | 9,485,490 | |
GoDaddy Class A † | 72,387 | 7,684,604 | |
Intuit | 7,553 | 4,720,852 | |
Keyence | 14,300 | 6,300,113 | |
KLA | 6,724 | 3,908,661 | |
Lam Research | 7,537 | 5,903,431 | |
Lattice Semiconductor † | 81,180 | 5,600,608 | |
Manhattan Associates † | 34,752 | 7,482,801 | |
Microsoft | 427,708 | 160,835,316 | |
NetApp | 52,168 | 4,599,131 | |
Nutanix Class A † | 64,145 | 3,059,075 | |
NVIDIA | 213,955 | 105,954,795 | |
Okta † | 110,727 | 10,024,115 | |
Palantir Technologies Class A † | 95,363 | 1,637,383 |
Number of shares | Value (US $) | ||
Common Stocks♦ (continued) | |||
Information Technology (continued) | |||
Palo Alto Networks † | 19,914 | $ 5,872,240 | |
Pegasystems | 50,662 | 2,475,345 | |
QUALCOMM | 14,306 | 2,069,077 | |
Salesforce † | 154,563 | 40,671,708 | |
ServiceNow † | 15,501 | 10,951,302 | |
Smartsheet Class A † | 86,833 | 4,152,354 | |
Snowflake Class A † | 10,429 | 2,075,371 | |
Splunk † | 18,221 | 2,775,969 | |
Synopsys † | 13,004 | 6,695,890 | |
Teradata † | 39,123 | 1,702,242 | |
Workday Class A † | 21,722 | 5,996,575 | |
Zscaler † | 51,956 | 11,511,371 | |
805,322,850 | |||
Materials — 0.59% | |||
Eagle Materials | 16,043 | 3,254,162 | |
Ecolab | 36,391 | 7,218,155 | |
10,472,317 | |||
Total Common Stocks (cost $1,219,829,098) | 1,785,934,941 | ||
Exchange-Traded Fund — 0.03% | |||
iShares Russell 1000 Growth ETF | 1,725 | 522,968 | |
Total Exchange-Traded Fund (cost $517,549) | 522,968 | ||
Rights — 0.00% | |||
ABIOMED † | 15,699 | 16,013 | |
Total Rights (cost $0) | 16,013 | ||
Short-Term Investments — 0.21% | |||
Money Market Mutual Funds — 0.21% | |||
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 5.26%) | 953,527 | 953,527 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 5.25%) | 953,527 | 953,527 | |
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 5.37%) | 953,527 | 953,527 |
2 NQ- OPTLG [1223] 0224 (3376045)
(Unaudited)
Number of shares | Value (US $) | ||
Short-Term Investments (continued) | |||
Money Market Mutual Funds (continued) | |||
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 5.27%) | 953,528 | $ 953,528 | |
Total Short-Term Investments (cost $3,814,109) | 3,814,109 | ||
Total Value of Securities—99.94% (cost $1,224,160,756) | 1,790,288,031 | ||
Receivables and Other Assets Net of Liabilities—0.06% | 1,068,711 | ||
Net Assets Applicable to 89,927,360 Shares Outstanding—100.00% | $1,791,356,742 |
♦ | 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. |
Forward Foreign Currency Exchange Contracts | ||||||||||
Counterparty | Currency to Receive (Deliver) | In Exchange For | Settlement Date | Unrealized Depreciation | ||||||
UBS | JPY | (381,224,900) | USD | 2,714,032 | 3/29/24 | $(28,849) |
The use of forward foreign currency exchange contracts involves elements of market risk and risks in excess of the amounts disclosed in the schedule of investments. The forward 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.
Summary of abbreviations: |
ETF – Exchange-Traded Fund |
MSCI – Morgan Stanley Capital International |
Summary of currencies: |
JPY – Japanese Yen |
USD – US Dollar |
NQ- OPTLG [1223] 0224 (3376045) 3