| GuidePath Tactical Allocation Fund | ||||||||
| Schedule of Investments | ||||||||
| December 31, 2024 (Unaudited) | ||||||||
| COMMON STOCKS - 70.9% | Shares | Value | ||||||
| Biotechnology - 4.4% | ||||||||
Regeneron Pharmaceuticals, Inc. (a) | 18,712 | $ | 13,329,119 | |||||
United Therapeutics Corp. (a) | 44,227 | 15,605,055 | ||||||
28,934,174 | ||||||||
| Building Products - 1.1% | ||||||||
Builders FirstSource, Inc. (a) | 48,921 | 6,992,278 | ||||||
| Diversified Telecommunication Services - 1.9% | ||||||||
| AT&T, Inc. | 555,358 | 12,645,502 | ||||||
| Electric Utilities - 7.7% | ||||||||
| NRG Energy, Inc. | 180,989 | 16,328,828 | ||||||
| OGE Energy Corp. | 63,275 | 2,610,094 | ||||||
| Vistra Corp. | 231,158 | 31,869,753 | ||||||
50,808,675 | ||||||||
| Financial Services - 0.6% | ||||||||
MGIC Investment Corp. (b) | 179,366 | 4,252,768 | ||||||
| Food & Staples Retailing - 3.0% | ||||||||
Sprouts Farmers Market, Inc. (a) | 153,992 | 19,567,763 | ||||||
| Food Products - 3.8% | ||||||||
| Ingredion, Inc. | 115,701 | 15,915,830 | ||||||
Pilgrim's Pride Corp. (a) | 201,031 | 9,124,797 | ||||||
25,040,627 | ||||||||
| Household Durables - 6.3% | ||||||||
| DR Horton, Inc. | 106,774 | 14,929,141 | ||||||
| PulteGroup, Inc. | 146,999 | 16,008,191 | ||||||
Taylor Morrison Home Corp. (a) | 167,164 | 10,232,108 | ||||||
41,169,440 | ||||||||
| Household Products - 2.8% | ||||||||
| Procter & Gamble Co. | 109,213 | 18,309,559 | ||||||
| Insurance - 11.7% | ||||||||
| Aflac, Inc. | 224,396 | 23,211,522 | ||||||
| Arch Capital Group Ltd. | 157,354 | 14,531,642 | ||||||
| Everest Group Ltd. | 42,321 | 15,339,670 | ||||||
| Hartford Financial Services Group, Inc. | 213,677 | 23,376,264 | ||||||
76,459,098 | ||||||||
| Interactive Media & Services - 6.0% | ||||||||
| Alphabet, Inc. - Class A | 91,683 | 17,355,592 | ||||||
| Meta Platforms, Inc. - Class A | 37,297 | 21,837,766 | ||||||
39,193,358 | ||||||||
| Machinery - 1.8% | ||||||||
| Snap-on, Inc. | 34,239 | 11,623,456 | ||||||
| Metals & Mining - 1.6% | ||||||||
| Steel Dynamics, Inc. | 93,712 | 10,689,728 | ||||||
| Oil, Gas & Consumable Fuels - 1.1% | ||||||||
CNX Resources Corp. (a)(b) | 198,276 | 7,270,781 | ||||||
| Professional Services - 1.0% | ||||||||
| Science Applications International Corp. | 58,209 | 6,506,602 | ||||||
| Semiconductors & Semiconductor Equipment - 5.6% | ||||||||
| NVIDIA Corp. | 204,987 | 27,527,704 | ||||||
| QUALCOMM, Inc. | 61,070 | 9,381,574 | ||||||
36,909,278 | ||||||||
| Software - 5.7% | ||||||||
DocuSign, Inc. (a) | 94,245 | 8,476,395 | ||||||
| Microsoft Corp. | 69,264 | 29,194,776 | ||||||
37,671,171 | ||||||||
| Technology Hardware, Storage & Peripherals - 4.8% | ||||||||
| Apple, Inc. | 126,495 | 31,676,878 | ||||||
TOTAL COMMON STOCKS (Cost $347,237,186) | 465,721,136 | |||||||
| INVESTMENT COMPANIES - 27.0% | Shares | Value | ||||||
| Alternative Funds - 1.9% | ||||||||
| ProShares Ultra S&P500 | 137,396 | 12,710,504 | ||||||
| Domestic Equity Funds - 25.1% | ||||||||
| iShares Core S&P 500 ETF | 268,003 | 157,768,006 | ||||||
| Vanguard S&P 500 ETF | 12,170 | 6,557,318 | ||||||
| 164,325,324 | ||||||||
TOTAL INVESTMENT COMPANIES (Cost $174,884,192) | 177,035,828 | |||||||
| SHORT-TERM INVESTMENTS - 2.9% | Value | |||||||
| Investments Purchased with Proceeds from Securities Lending - 0.9% | Units | |||||||
Mount Vernon Liquid Assets Portfolio, LLC, 4.51% (c) | 5,986,245 | 5,986,245 | ||||||
| Money Market Funds - 2.0% | Shares | |||||||
JPMorgan U.S. Government Money Market Fund - Class IM, 4.45% (c) | 12,744,920 | 12,744,920 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $18,731,165) | 18,731,165 | |||||||
TOTAL INVESTMENTS - 100.8% (Cost $540,852,543) | 661,488,129 | |||||||
| Liabilities in Excess of Other Assets - (0.8)% | (5,351,889 | ) | ||||||
| TOTAL NET ASSETS - 100.0% | $ | 656,136,240 | ||||||
| two | – | % | ||||||
| Percentages are stated as a percent of net assets. | – | % | ||||||
The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | ||||||||
| (a) | Non-income producing security. |
| (b) | All or a portion of this security is on loan as of December 31, 2024. The total market value of these securities was $5,800,010 which represented 0.9% of net assets. |
| (c) | The rate shown represents the 7-day annualized effective yield as of December 31, 2024. |
