GPS Funds II NPORT-P GuidePath Tactical Allocation Fund (Jun 2022 report)

GuidePath® Tactical Allocation Fund
Schedule of Investments (Unaudited)
June 30, 2022
Number of Shares			Value
		COMMON STOCKS - 44.07%
		Biotechnology - 3.55%
	14,018	Regeneron Pharmaceuticals, Inc. (a)(b)	$	8,286,460
	35,970	United Therapeutics Corp. (a)		8,475,971
				16,762,431
		Building Products - 1.41%
	124,012	Builders FirstSource, Inc. (a)		6,659,444
		Capital Markets - 1.01%
	172,162	Jefferies Financial Group, Inc.		4,755,114
		Chemicals - 0.73%
	74,720	Olin Corp.		3,458,042
		Food Products - 4.91%
	94,444	Archer-Daniels-Midland Co.		7,328,855
	29,589	Sanderson Farms, Inc.		6,377,317
	110,340	Tyson Foods, Inc. - Class A		9,495,860
				23,202,032
		Health Care Equipment & Supplies - 1.68%
	31,335	Danaher Corp.		7,944,049
		Health Care Providers & Services - 3.76%
	98,116	CVS Health Corp.		9,091,429
	36,939	Laboratory Corp of America Holdings		8,657,024
				17,748,453
		Household Products - 1.93%
	63,482	Procter & Gamble Co.		9,128,077
		Insurance - 4.90%
	172,097	Aflac, Inc.		9,522,127
	131,787	Hartford Financial Services Group, Inc.		8,622,823
	224,575	Old Republic International Corp.		5,021,497
				23,166,447
		Interactive Media & Services - 2.92%
	4,041	Alphabet, Inc. - Class A (a)		8,806,390
	30,910	Meta Platforms, Inc. - Class A (a)		4,984,237
				13,790,627
		Life Sciences Tools & Services - 1.79%
	17,054	Bio-Rad Laboratories, Inc. - Class A (a)		8,441,730
		Machinery - 1.12%
	26,835	Snap-on, Inc. (b)		5,287,300
		Multiline Retail - 1.16%
	39,007	Target Corp.		5,508,959
		Oil, Gas & Consumable Fuels - 3.10%
	89,070	ConocoPhillips		7,999,377
	63,930	Devon Energy Corp.		3,523,182
	50,492	PDC Energy, Inc.		3,110,812
				14,633,371
		Paper & Forest Products - 1.11%
	99,864	Louisiana-Pacific Corp. (b)		5,233,872
		Pharmaceuticals - 2.11%
	190,331	Pfizer, Inc.		9,979,054
		Professional Services - 1.49%
	93,903	Robert Half International, Inc. (b)		7,032,396
		Road & Rail - 1.74%
	177,593	Knight-Swift Transportation Holdings, Inc. (b)		8,220,780
		Software - 2.32%
	42,755	Microsoft Corp.		10,980,767
		Technology Hardware, Storage & Peripherals - 1.33%
	45,922	Apple, Inc.		6,278,456
		Total Common Stocks (Cost $210,667,992)		208,211,401
		REAL ESTATE INVESTMENT TRUSTS - 0.83%
		Real Estate Investment Trusts - 0.83%
	85,242	SL Green Realty Corp. (b)		3,933,918
		Total Real Estate Investment Trusts (Cost $6,205,272)		3,933,918
		SHORT TERM INVESTMENTS - 55.47%
		Money Market Funds - 55.47%
	262,016,049	DWS Government Money Market Series - Institutional Shares
		Effective Yield, 1.24% (c)		262,016,049
		Total Short Term Investments (Cost $262,016,049)		262,016,049
Number of Units
		INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 6.75%
	31,864,921	Mount Vernon Liquid Assets Portfolio, LLC
		Effective Yield, 1.64% (c)		31,864,921
		Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $31,864,921)		31,864,921
		Total Investments (Cost $510,754,234) - 107.12%		506,026,289
		Liabilities in Excess of Other Assets - (7.12)%		(33,656,037	)
		TOTAL NET ASSETS - 100.00%	$	472,370,252
Percentages are stated as a percent of net assets.
(a)		Non-income producing security.
(b)		All or portion of this security is on loan.
(c)		Seven-day yield as of June 30, 2022.