Global Atlantic BlackRock Disciplined Growth Portfolio
Portfolio of Investments (Unaudited)
September 30, 2023
Shares/ Principal | Fair Value | ||
Common Stocks - 98.2% | |||
Aerospace & Defense - 1.0% | |||
General Dynamics Corp. | 142 | $31,378 | |
Lockheed Martin Corp. | 1,902 | 777,842 | |
809,220 | |||
Automobiles - 3.2% | |||
General Motors Co. | 7,121 | 234,780 | |
Tesla, Inc. * | 9,728 | 2,434,140 | |
2,668,920 | |||
Beverages - 1.8% | |||
Coca-Cola Co. (The) | 482 | 26,983 | |
PepsiCo, Inc. | 8,653 | 1,466,164 | |
1,493,147 | |||
Biotechnology - 3.6% | |||
AbbVie, Inc. | 4,172 | 621,878 | |
Amgen, Inc. | 4,110 | 1,104,604 | |
Exelixis, Inc. * | 5,857 | 127,975 | |
Horizon Therapeutics PLC * | 763 | 88,271 | |
Incyte Corp. * | 10,211 | 589,890 | |
Neurocrine Biosciences, Inc. * | 2,126 | 239,175 | |
Seagen, Inc. * | 459 | 97,377 | |
Ultragenyx Pharmaceutical, Inc. * | 3,070 | 109,446 | |
2,978,616 | |||
Broadline Retail - 4.9% | |||
Amazon.com, Inc. * | 31,761 | 4,037,458 | |
Nordstrom, Inc. | 1,723 | 25,742 | |
4,063,200 | |||
Building Products - 0.7% | |||
A O Smith Corp. | 2,075 | 137,220 | |
Builders FirstSource, Inc. * | 1,791 | 222,962 | |
Owens Corning | 551 | 75,162 | |
Trane Technologies PLC | 584 | 118,499 | |
553,843 | |||
Capital Markets - 1.7% | |||
Moody's Corp. | 3,280 | 1,037,038 | |
Nasdaq, Inc. | 2,737 | 132,991 | |
S&P Global, Inc. | 513 | 187,455 | |
1,357,484 | |||
Chemicals - 1.4% | |||
Ecolab, Inc. | 765 | 129,591 | |
Sherwin-Williams Co. (The) | 4,118 | 1,050,296 | |
1,179,887 | |||
Commercial Services & Supplies - 0.4% | |||
Cintas Corp. | 528 | 253,973 | |
Copart, Inc. * | 257 | 11,074 | |
Tetra Tech, Inc. | 469 | 71,302 | |
336,349 | |||
Communications Equipment - 0.0%† | |||
Arista Networks, Inc. * | 196 | 36,050 | |
Construction & Engineering - 0.7% | |||
EMCOR Group, Inc. | 1,379 | 290,128 | |
Valmont Industries, Inc. | 1,246 | 299,301 | |
589,429 |
Shares/ Principal | Fair Value | ||
Construction Materials - 0.0%† | |||
Martin Marietta Materials, Inc. | 77 | $31,607 | |
Consumer Staples Distribution & Retail - 1.1% | |||
Sysco Corp. | 5,486 | 362,350 | |
Walmart, Inc. | 3,134 | 501,221 | |
863,571 | |||
Electrical Equipment - 0.2% | |||
AMETEK, Inc. | 1,143 | 168,890 | |
Electronic Equipment, Instruments & Components - 1.0% | |||
Flex Ltd. * | 5,180 | 139,756 | |
TE Connectivity Ltd. | 5,217 | 644,456 | |
784,212 | |||
Entertainment - 1.5% | |||
Electronic Arts, Inc. | 2,955 | 355,782 | |
Netflix, Inc. * | 1,392 | 525,619 | |
Playtika Holding Corp. * | 17,398 | 167,543 | |
Spotify Technology SA * | 1,452 | 224,537 | |
1,273,481 | |||
Financial Services - 5.6% | |||
Block, Inc. * | 10,188 | 450,921 | |
Fiserv, Inc. * | 92 | 10,392 | |
Jack Henry & Associates, Inc. | 1,726 | 260,868 | |
Mastercard, Inc., Class A | 5,455 | 2,159,689 | |
Visa, Inc., Class A | 7,410 | 1,704,374 | |
4,586,244 | |||
Food Products - 0.7% | |||
Archer-Daniels-Midland Co. | 1,618 | 122,030 | |
Hershey Co. (The) | 2,091 | 418,367 | |
540,397 | |||
Ground Transportation - 0.2% | |||
Saia, Inc. * | 359 | 143,115 | |
Health Care Equipment & Supplies - 2.0% | |||
Abbott Laboratories | 269 | 26,053 | |
Dexcom, Inc. * | 1,103 | 102,910 | |
IDEXX Laboratories, Inc. * | 613 | 268,046 | |
Insulet Corp. * | 96 | 15,311 | |
Intuitive Surgical, Inc. * | 502 | 146,729 | |
ResMed, Inc. | 1,140 | 168,572 | |
Stryker Corp. | 3,489 | 953,439 | |
1,681,060 | |||
Health Care Providers & Services - 2.3% | |||
Elevance Health, Inc. | 1,553 | 676,207 | |
HCA Healthcare, Inc. | 1,431 | 351,998 | |
Tenet Healthcare Corp. * | 1,334 | 87,897 | |
UnitedHealth Group, Inc. | 1,568 | 790,570 | |
1,906,672 | |||
Health Care Technology - 0.3% | |||
Teladoc Health, Inc. * | 12,765 | 237,301 | |
Hotels, Restaurants & Leisure - 1.8% | |||
Booking Holdings, Inc. * | 117 | 360,822 |
Global Atlantic BlackRock Disciplined Growth Portfolio
Portfolio of Investments (Unaudited) (Continued)
September 30, 2023
Shares/ Principal | Fair Value | ||
Hotels, Restaurants & Leisure (continued) | |||
Boyd Gaming Corp. | 6,865 | $417,598 | |
Expedia Group, Inc. * | 195 | 20,099 | |
McDonald's Corp. | 1,502 | 395,687 | |
Royal Caribbean Cruises Ltd. * | 1,259 | 116,004 | |
Travel + Leisure Co. | 5,410 | 198,709 | |
1,508,919 | |||
Household Durables - 0.6% | |||
DR Horton, Inc. | 1,766 | 189,792 | |
Leggett & Platt, Inc. | 2,843 | 72,240 | |
PulteGroup, Inc. | 2,100 | 155,505 | |
Toll Brothers, Inc. | 234 | 17,307 | |
TopBuild Corp. * | 150 | 37,740 | |
472,584 | |||
Household Products - 0.4% | |||
Kimberly-Clark Corp. | 2,567 | 310,222 | |
Insurance - 0.1% | |||
Travelers Cos., Inc. (The) | 313 | 51,116 | |
Interactive Media & Services - 9.3% | |||
Alphabet, Inc., Class A * | 11,663 | 1,526,220 | |
Alphabet, Inc., Class C * | 18,323 | 2,415,888 | |
Bumble, Inc., Class A * | 2,252 | 33,600 | |
Meta Platforms, Inc., Class A * | 11,506 | 3,454,216 | |
Pinterest, Inc., Class A * | 4,096 | 110,715 | |
Snap, Inc., Class A * | 14,856 | 132,367 | |
7,673,006 | |||
IT Services - 0.8% | |||
Accenture PLC, Class A | 1,212 | 372,217 | |
GoDaddy, Inc., Class A * | 438 | 32,622 | |
Snowflake, Inc., Class A * | 1,037 | 158,423 | |
VeriSign, Inc. * | 551 | 111,594 | |
674,856 | |||
Life Sciences Tools & Services - 0.4% | |||
Agilent Technologies, Inc. | 2,705 | 302,473 | |
Bruker Corp. | 432 | 26,914 | |
329,387 | |||
Machinery - 1.2% | |||
Caterpillar, Inc. | 427 | 116,571 | |
Graco, Inc. | 290 | 21,135 | |
Illinois Tool Works, Inc. | 1,417 | 326,349 | |
Oshkosh Corp. | 2,046 | 195,250 | |
Otis Worldwide Corp. | 3,366 | 270,324 | |
Parker-Hannifin Corp. | 108 | 42,068 | |
971,697 | |||
Media - 0.2% | |||
Fox Corp., Class A | 5,300 | 165,360 | |
Oil, Gas & Consumable Fuels - 0.1% | |||
Devon Energy Corp. | 2,278 | 108,661 | |
Pharmaceuticals - 2.8% | |||
Bristol-Myers Squibb Co. | 998 | 57,924 | |
Eli Lilly and Co. | 3,723 | 1,999,735 |
Shares/ Principal | Fair Value | ||
Pharmaceuticals (continued) | |||
Zoetis, Inc. | 1,171 | $203,730 | |
2,261,389 | |||
Professional Services - 0.1% | |||
CACI International, Inc., Class A * | 208 | 65,297 | |
Real Estate Management & Development - 0.0%† | |||
Zillow Group, Inc., Class A * | 49 | 2,195 | |
Residential REITs - 0.0%† | |||
Camden Property Trust | 259 | 24,496 | |
Semiconductors & Semiconductor Equipment - 9.1% | |||
Advanced Micro Devices, Inc. * | 359 | 36,912 | |
Applied Materials, Inc. | 8,897 | 1,231,790 | |
ARM Holdings PLC, ADR * | 1,751 | 93,713 | |
Axcelis Technologies, Inc. * | 130 | 21,196 | |
Broadcom, Inc. | 741 | 615,460 | |
Intel Corp. | 5,932 | 210,883 | |
KLA Corp. | 163 | 74,761 | |
Lam Research Corp. | 806 | 505,177 | |
MaxLinear, Inc. * | 1,161 | 25,832 | |
NVIDIA Corp. | 9,421 | 4,098,041 | |
NXP Semiconductors NV | 212 | 42,383 | |
QUALCOMM, Inc. | 4,795 | 532,533 | |
7,488,681 | |||
Software - 18.4% | |||
Adobe, Inc. * | 2,988 | 1,523,581 | |
Atlassian Corp., Class A * | 56 | 11,285 | |
Autodesk, Inc. * | 1,396 | 288,846 | |
Cadence Design Systems, Inc. * | 2,886 | 676,190 | |
Fortinet, Inc. * | 4,986 | 292,579 | |
Intuit, Inc. | 659 | 336,710 | |
Manhattan Associates, Inc. * | 2,402 | 474,779 | |
Microsoft Corp. | 31,518 | 9,951,809 | |
Oracle Corp. | 230 | 24,362 | |
Palo Alto Networks, Inc. * | 121 | 28,367 | |
RingCentral, Inc., Class A * | 1,953 | 57,867 | |
Salesforce, Inc. * | 2,376 | 481,805 | |
ServiceNow, Inc. * | 1,117 | 624,358 | |
Teradata Corp. * | 4,714 | 212,224 | |
VMware, Inc., Class A * | 422 | 70,255 | |
Workday, Inc., Class A * | 545 | 117,093 | |
15,172,110 | |||
Specialized REITs - 0.3% | |||
SBA Communications Corp. | 1,070 | 214,182 | |
Specialty Retail - 2.8% | |||
AutoNation, Inc. * | 1,696 | 256,774 | |
Best Buy Co., Inc. | 3,977 | 276,282 | |
Chewy, Inc., Class A * | 1,667 | 30,440 | |
Five Below, Inc. * | 1,337 | 215,123 | |
O'Reilly Automotive, Inc. * | 346 | 314,466 |
Global Atlantic BlackRock Disciplined Growth Portfolio
Portfolio of Investments (Unaudited) (Continued)
September 30, 2023
Shares/ Principal | Fair Value | ||
Specialty Retail (continued) | |||
Penske Automotive Group, Inc. | 431 | $72,003 | |
TJX Cos., Inc. (The) | 12,583 | 1,118,377 | |
Wayfair, Inc., Class A * | 277 | 16,778 | |
2,300,243 | |||
Technology Hardware, Storage & Peripherals - 13.0% | |||
Apple, Inc. | 59,002 | 10,101,732 | |
Dell Technologies, Inc., Class C | 3,010 | 207,389 | |
Hewlett Packard Enterprise Co. | 13,186 | 229,041 | |
HP, Inc. | 5,161 | 132,638 | |
10,670,800 | |||
Textiles, Apparel & Luxury Goods - 1.4% | |||
Lululemon Athletica, Inc. * | 1,515 | 584,199 | |
NIKE, Inc., Class B | 1,424 | 136,163 | |
Skechers USA, Inc., Class A * | 8,423 | 412,306 | |
1,132,668 | |||
Trading Companies & Distributors - 1.1% | |||
WW Grainger, Inc. | 1,298 | 898,008 | |
Total Common Stocks | |||
(Cost - $56,594,429) | 80,778,572 | ||
Short-Term Investments - 2.1% | |||
Money Market Funds - 2.1% | |||
Fidelity Investments Money Market Fund - Government Portfolio, Institutional Class, 5.23%(a) (Cost - $1,725,804) | 1,725,804 | 1,725,804 | |
Total Investments - 100.3% | |||
(Cost - $58,320,233) | $82,504,376 | ||
Other Assets Less Liabilities - Net (0.3)% | (215,618) | ||
Total Net Assets - 100.0% | $82,288,758 | ||
* | Non-income producing security. |
† | Represents less than 0.05%. |
(a) | The rate shown is the annualized seven-day yield at period end. |
ADR | - | American Depositary Receipt |
PLC | - | Public Limited Company |
Global Atlantic BlackRock Disciplined Growth Portfolio
Portfolio of Investments (Unaudited) (Continued)
September 30, 2023
Futures Contracts | |||||||||||
Counterparty | Number of Contracts | Expiration Date | Notional Value | Fair Value/Unrealized Appreciation (Depreciation) | |||||||
Long Futures Contracts | |||||||||||
NASDAQ 100 E-Mini Future | Goldman Sachs & Co. | 5 | 12/15/2023 | $1,486,650 | $(43,107) | ||||||