Defensive Market Strategies Fund

Fund Profile

Fund profile

Tickers

GDMYX, GDMZX

Fund manager

GuideStone Funds

Total assets

$1.53 bn

Liabilities

$14.11 mm

Net assets

$1.51 bn

Number of holdings

180.00

180 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
T 4 12/15/25	126.80 mm	127.00 mm principal	8.38	Debt	Long	USA
T 3.5 09/15/25	122.65 mm	123.30 mm principal	8.11	Debt	Long	USA
T 1.75 03/15/25	122.09 mm	122.70 mm principal	8.07	Debt	Long	USA
T 2.875 06/15/25	121.28 mm	122.00 mm principal	8.02	Debt	Long	USA
B 0 07/10/25	102.75 mm	105.00 mm principal	6.79	Debt	Long	USA
B 0 02/11/25	81.62 mm	82.00 mm principal	5.40	Debt	Long	USA
T 1.125 02/28/27	75.83 mm	81.00 mm principal	5.01	Debt	Long	USA
T 0.75 01/31/28	75.48 mm	84.00 mm principal	4.99	Debt	Long	USA
S&P 500 INDEX PM/EUR FLEX	52.90 mm	240.00 contracts	3.50	Equity derivative	N/A	USA
FLEX OPTSP C 5450 11/6/29	52.62 mm	320.00 contracts	3.48	Equity derivative	N/A	USA
MAR 25 US 2YR MAR 25	51.20 mm	249.00 contracts	3.38	Interest rate derivative	N/A	USA
FUT. CBT 5Y T-NOTE MAR25	49.43 mm	465.00 contracts	3.27	Interest rate derivative	N/A	USA
Guidestone Funds MONEY MKT INSTL	42.94 mm	42.94 mm shares	2.84	Short-term investment vehicle	Long	USA
FUT. EMINI S&P MAR25	35.91 mm	121.00 contracts	2.37	Equity derivative	N/A	USA
Guidestone Funds MONEY MKT INSTL	23.55 mm	23.55 mm shares	1.56	Short-term investment vehicle	Long	USA
Guidestone Funds MONEY MKT INSTL	20.85 mm	20.85 mm shares	1.38	Short-term investment vehicle	Long	USA
MCD McDonald's Corporation	17.76 mm	61.26 k shares	1.17	Common equity	Long	USA
TJX The TJX Companies, Inc.	17.03 mm	140.94 k shares	1.13	Common equity	Long	USA
ACN Accenture plc	16.91 mm	48.06 k shares	1.12	Common equity	Long	Ireland
AAPL Apple Inc.	16.43 mm	65.61 k shares	1.09	Common equity	Long	USA
HON Honeywell International Inc.	15.27 mm	67.61 k shares	1.01	Common equity	Long	USA
LIN Linde plc	15.27 mm	36.48 k shares	1.01	Common equity	Long	Ireland
MAR 25 10 YR MAR 25	15.12 mm	139.00 contracts	1.00	Interest rate derivative	N/A	USA
DHR Danaher Corporation	14.67 mm	63.93 k shares	0.97	Common equity	Long	USA
TXN Texas Instruments Incorporated	14.65 mm	78.12 k shares	0.97	Common equity	Long	USA
SPGI S&P Global Inc.	14.61 mm	29.34 k shares	0.97	Common equity	Long	USA
MSFT Microsoft Corporation	14.59 mm	34.60 k shares	0.96	Common equity	Long	USA
PG The Procter & Gamble Company	14.22 mm	84.83 k shares	0.94	Common equity	Long	USA
MMC Marsh & McLennan Companies, Inc.	14.17 mm	66.69 k shares	0.94	Common equity	Long	USA
MA Mastercard Incorporated	13.89 mm	26.39 k shares	0.92	Common equity	Long	USA
SYK Stryker Corporation	13.39 mm	37.18 k shares	0.88	Common equity	Long	USA
INTU Intuit Inc.	13.09 mm	20.82 k shares	0.86	Common equity	Long	USA
CB Chubb Limited	11.96 mm	43.29 k shares	0.79	Common equity	Long	Switzerland
NKE NIKE, Inc.	11.72 mm	154.84 k shares	0.77	Common equity	Long	USA
AXP American Express Company	11.33 mm	38.17 k shares	0.75	Common equity	Long	USA
V Visa Inc.	11.16 mm	35.30 k shares	0.74	Common equity	Long	USA
NOC Northrop Grumman Corporation	11.01 mm	23.47 k shares	0.73	Common equity	Long	USA
KO The Coca-Cola Company	10.30 mm	165.44 k shares	0.68	Common equity	Long	USA
GOOG Alphabet Inc.	10.10 mm	53.34 k shares	0.67	Common equity	Long	USA
PEP PepsiCo, Inc.	9.93 mm	65.30 k shares	0.66	Common equity	Long	USA
FUT. U.S. T-BONDS MAR25	9.56 mm	84.00 contracts	0.63	Interest rate derivative	N/A	USA
UNH UnitedHealth Group Incorporated	9.05 mm	17.90 k shares	0.60	Common equity	Long	USA
MAR 25 CBT UL MAR 25	8.32 mm	70.00 contracts	0.55	Interest rate derivative	N/A	USA
LMT Lockheed Martin Corporation	7.47 mm	15.38 k shares	0.49	Common equity	Long	USA
UNP Union Pacific Corporation	5.95 mm	26.11 k shares	0.39	Common equity	Long	USA
Guidestone Funds MONEY MKT INSTL	5.47 mm	5.47 mm shares	0.36	Short-term investment vehicle	Long	USA
Guidestone Funds MONEY MKT INSTL	4.18 mm	4.18 mm shares	0.28	Short-term investment vehicle	Long	USA
Northern Institutional Funds LIQ ASET PORTF	3.76 mm	3.76 mm shares	0.25	Short-term investment vehicle	Long	USA
GPN Global Payments Inc.	3.37 mm	3.43 mm principal	0.22	Debt	Long	USA
RPD Rapid7, Inc.	3.21 mm	3.38 mm principal	0.21	Debt	Long	USA
BSY Bentley Systems, Incorporated	3.14 mm	3.22 mm principal	0.21	Debt	Long	USA
BACR 1 02/16/29 MSFT	3.10 mm	3.16 mm principal	0.20	Debt	Long	UK
JAZZ 3.125 09/15/30	3.08 mm	2.85 mm principal	0.20	Debt	Long	Bermuda
Cleveland Electric Illuminating Co	3.04 mm	3.02 mm principal	0.20	Debt	Long	USA
BABA Alibaba Group Holding Limited	3.04 mm	2.85 mm principal	0.20	Debt	Long	Cayman Islands
COIN Coinbase Global, Inc.	2.88 mm	2.70 mm principal	0.19	Debt	Long	USA
NCLH 1.125 02/15/27	2.65 mm	2.55 mm principal	0.18	Debt	Long	Bermuda
PODD Insulet Corporation	2.60 mm	2.05 mm principal	0.17	Debt	Long	USA
BNP 0.125 06/17/27 000K	2.59 mm	2.46 mm principal	0.17	Debt	Long	France
ZS Zscaler, Inc.	2.56 mm	2.06 mm principal	0.17	Debt	Long	USA
BNP 0.125 06/17/27 000J	2.52 mm	2.46 mm principal	0.17	Debt	Long	France
DLR 1.875 11/15/29	2.51 mm	2.42 mm principal	0.17	Debt	Long	USA
LUV Southwest Airlines Co.	2.49 mm	2.41 mm principal	0.16	Debt	Long	USA
AKAM Akamai Technologies, Inc.	2.38 mm	2.37 mm principal	0.16	Debt	Long	USA
HALO Halozyme Therapeutics, Inc.	2.33 mm	2.16 mm principal	0.15	Debt	Long	USA
FOUR Shift4 Payments, Inc.	2.32 mm	2.15 mm principal	0.15	Debt	Long	USA
LYV Live Nation Entertainment, Inc.	2.31 mm	2.29 mm principal	0.15	Debt	Long	USA
BOX Box, Inc.	2.28 mm	2.34 mm principal	0.15	Debt	Long	USA
W Wayfair Inc.	2.24 mm	2.09 mm principal	0.15	Debt	Long	USA
DBX Dropbox, Inc.	2.23 mm	2.18 mm principal	0.15	Debt	Long	USA
RIVN Rivian Automotive, Inc.	2.20 mm	2.44 mm principal	0.15	Debt	Long	USA
TYL Tyler Technologies, Inc.	2.17 mm	1.79 mm principal	0.14	Debt	Long	USA
VRNS Varonis Systems, Inc.	2.17 mm	2.29 mm principal	0.14	Debt	Long	USA
DXCM DexCom, Inc.	2.16 mm	2.40 mm principal	0.14	Debt	Long	USA
IONS Ionis Pharmaceuticals, Inc.	2.15 mm	2.18 mm principal	0.14	Debt	Long	USA
SNOW Snowflake Inc.	2.14 mm	1.81 mm principal	0.14	Debt	Long	USA
BL BlackLine, Inc.	2.13 mm	1.96 mm principal	0.14	Debt	Long	USA
UBER Uber Technologies, Inc.	2.10 mm	2.08 mm principal	0.14	Debt	Long	USA
ITRI Itron, Inc.	1.99 mm	1.91 mm principal	0.13	Debt	Long	USA
ON ON Semiconductor Corporation	1.97 mm	2.09 mm principal	0.13	Debt	Long	USA
FOUR Shift4 Payments, Inc.	1.94 mm	1.44 mm principal	0.13	Debt	Long	USA
ETSY Etsy, Inc.	1.93 mm	1.98 mm principal	0.13	Debt	Long	USA
LITE Lumentum Holdings Inc.	1.89 mm	1.36 mm principal	0.13	Debt	Long	USA
SNAP Snap Inc.	1.75 mm	2.06 mm principal	0.12	Debt	Long	USA
NEE 3 03/01/27	1.74 mm	1.50 mm principal	0.12	Debt	Long	USA
TTEK Tetra Tech, Inc.	1.70 mm	1.44 mm principal	0.11	Debt	Long	USA
ALRM Alarm.com Holdings, Inc.	1.68 mm	1.70 mm principal	0.11	Debt	Long	USA
JPM 0.125 06/23/27	1.65 mm	1.52 mm principal	0.11	Debt	Long	USA
WK Workiva Inc.	1.63 mm	1.53 mm principal	0.11	Debt	Long	USA
EXAS Exact Sciences Corporation	1.55 mm	1.50 mm principal	0.10	Debt	Long	USA
BAC 0.6 05/25/27 MTN	1.54 mm	1.50 mm principal	0.10	Debt	Long	USA
MMSI Merit Medical Systems, Inc.	1.53 mm	1.21 mm principal	0.10	Debt	Long	USA
GBX The Greenbrier Companies, Inc.	1.50 mm	1.23 mm principal	0.10	Debt	Long	USA
UBER Uber Technologies, Inc.	1.49 mm	1.35 mm principal	0.10	Debt	Long	USA
MCHP Microchip Technology Incorporated	1.46 mm	1.58 mm principal	0.10	Debt	Long	USA
ALNY Alnylam Pharmaceuticals, Inc.	1.37 mm	1.29 mm principal	0.09	Debt	Long	USA
DDOG Datadog, Inc.	1.37 mm	882.00 k principal	0.09	Debt	Long	USA
WELL 2.75 05/15/28	1.36 mm	1.00 mm principal	0.09	Debt	Long	USA
PSN Parsons Corporation	1.27 mm	1.08 mm principal	0.08	Debt	Long	USA
SRPT Sarepta Therapeutics, Inc.	1.26 mm	1.14 mm principal	0.08	Debt	Long	USA
REXR 4.125 03/15/29	1.22 mm	1.25 mm principal	0.08	Debt	Long	USA
American Airlines Group, Inc.	1.18 mm	1.01 mm principal	0.08	Debt	Long	USA
OSIS OSI Systems, Inc.	1.17 mm	1.09 mm principal	0.08	Debt	Long	USA
F Ford Motor Company	1.14 mm	1.18 mm principal	0.08	Debt	Long	USA
POST Post Holdings, Inc.	1.14 mm	975.00 k principal	0.08	Debt	Long	USA
AMPH Amphastar Pharmaceuticals, Inc.	1.13 mm	1.20 mm principal	0.07	Debt	Long	USA
STX 3.5 06/01/28	1.12 mm	927.00 k principal	0.07	Debt	Long	Cayman Islands
HALO Halozyme Therapeutics, Inc.	1.10 mm	1.15 mm principal	0.07	Debt	Long	USA
EVRG Evergy, Inc.	1.09 mm	1.00 mm principal	0.07	Debt	Long	USA
MKSI MKS Instruments, Inc.	1.06 mm	1.09 mm principal	0.07	Debt	Long	USA
SPOT 0 03/15/26	1.04 mm	979.00 k principal	0.07	Debt	Long	USA
Northern Institutional Funds LIQ ASET PORTF	1.01 mm	1.01 mm shares	0.07	Short-term investment vehicle	Long	USA
W Wayfair Inc.	995.00 k	796.00 k principal	0.07	Debt	Long	USA
VERX Vertex, Inc.	994.44 k	627.00 k principal	0.07	Debt	Long	USA
AEIS Advanced Energy Industries, Inc.	985.69 k	901.00 k principal	0.07	Debt	Long	USA
GH Guardant Health, Inc.	965.51 k	1.15 mm principal	0.06	Debt	Long	USA
BATRK The Liberty Braves Group	959.08 k	783.00 k principal	0.06	Debt	Long	USA
LIVN 2.5 03/15/29	934.36 k	936.00 k principal	0.06	Debt	Long	UK
LCII 1.125 05/15/26	926.13 k	942.00 k principal	0.06	Debt	Long	USA
BATRK The Liberty Braves Group	922.04 k	890.00 k principal	0.06	Debt	Long	USA
LBRDK Liberty Broadband Corporation	917.70 k	832.00 k principal	0.06	Debt	Long	USA
MTSI MACOM Technology Solutions Holdings, Inc.	912.53 k	569.00 k principal	0.06	Debt	Long	USA
CMS-PB Consumers Energy Company	891.71 k	857.00 k principal	0.06	Debt	Long	USA
CSGS CSG Systems International, Inc.	889.55 k	879.00 k principal	0.06	Debt	Long	USA
EXAS Exact Sciences Corporation	841.70 k	907.00 k principal	0.06	Debt	Long	USA
AKAM Akamai Technologies, Inc.	836.96 k	854.00 k principal	0.06	Debt	Long	USA
Spectrum Brands Holdings, Inc.	830.18 k	846.00 k principal	0.05	Debt	Long	USA
WGO Winnebago Industries, Inc.	820.53 k	897.00 k principal	0.05	Debt	Long	USA
LTRPA Liberty TripAdvisor Holdings, Inc.	805.34 k	815.00 k principal	0.05	Debt	Long	USA
NTNX Nutanix, Inc.	784.87 k	790.00 k principal	0.05	Debt	Long	USA
REXR 4.375 03/15/27	749.48 k	764.00 k principal	0.05	Debt	Long	USA
VTR 3.75 06/01/26	735.45 k	644.00 k principal	0.05	Debt	Long	USA
PATK Patrick Industries, Inc.	725.79 k	532.00 k principal	0.05	Debt	Long	USA
WDC Western Digital Corporation	715.54 k	538.00 k principal	0.05	Debt	Long	USA
TDOC Teladoc Health, Inc.	694.50 k	791.00 k principal	0.05	Debt	Long	USA
ASND Ascendis Pharma A/S	660.75 k	600.00 k principal	0.04	Debt	Long	Denmark
GWRE Guidewire Software, Inc.	659.88 k	673.00 k principal	0.04	Debt	Long	USA
UPST Upstart Holdings, Inc.	616.95 k	644.00 k principal	0.04	Debt	Long	USA
LYV Live Nation Entertainment, Inc.	608.50 k	446.00 k principal	0.04	Debt	Long	USA
CNMD CONMED Corporation	603.89 k	649.00 k principal	0.04	Debt	Long	USA
ITGR Integer Holdings Corporation	602.73 k	376.00 k principal	0.04	Debt	Long	USA
CORZ Core Scientific, Inc.	597.90 k	607.00 k principal	0.04	Debt	Long	USA
RGEN Repligen Corporation	574.00 k	560.00 k principal	0.04	Debt	Long	USA
BBIO BridgeBio Pharma, Inc.	568.03 k	540.00 k principal	0.04	Debt	Long	USA
BILL Bill.com Holdings, Inc.	557.65 k	563.00 k principal	0.04	Debt	Long	USA
NTNX Nutanix, Inc.	545.85 k	450.00 k principal	0.04	Debt	Long	USA
ALTR Altair Engineering Inc.	545.58 k	350.00 k principal	0.04	Debt	Long	USA
DDOG Datadog, Inc.	545.39 k	564.00 k principal	0.04	Debt	Long	USA
TNDM Tandem Diabetes Care, Inc.	510.43 k	394.00 k principal	0.03	Debt	Long	USA
ENOV Enovis Corporation	506.10 k	477.00 k principal	0.03	Debt	Long	USA
HAE Haemonetics Corporation	489.55 k	496.00 k principal	0.03	Debt	Long	USA
CYTK Cytokinetics, Incorporated	476.24 k	400.00 k principal	0.03	Debt	Long	USA
MTH Meritage Homes Corporation	470.83 k	478.00 k principal	0.03	Debt	Long	USA
IREN 3.25 06/15/30	461.13 k	519.00 k principal	0.03	Debt	Long	Australia
FIVN Five9, Inc.	438.01 k	486.00 k principal	0.03	Debt	Long	USA
BE Bloom Energy Corporation	385.72 k	279.00 k principal	0.03	Debt	Long	USA
SHAK Shake Shack Inc.	308.44 k	300.00 k principal	0.02	Debt	Long	USA
AXON Axon Enterprise, Inc.	287.10 k	110.00 k principal	0.02	Debt	Long	USA
RIVN Rivian Automotive, Inc.	269.77 k	267.00 k principal	0.02	Debt	Long	USA
Guidestone Funds MONEY MKT INSTL	209.58 k	209.58 k shares	0.01	Short-term investment vehicle	Long	USA
Northern Institutional Funds TREAS PRT PRMR	86.29 k	86.29 k shares	0.01	Short-term investment vehicle	Long	USA
OPT. S&P 5 P 5935 24/1/25	-9.44 k	-1.00 contracts	-0.00	Equity derivative	N/A	USA
OPT. S&P 5 P 5970 24/1/25	-11.24 k	-1.00 contracts	-0.00	Equity derivative	N/A	USA
OPT. S&P 5 P 6015 24/1/25	-14.02 k	-1.00 contracts	-0.00	Equity derivative	N/A	USA
OPT. S&P 5 P 5910 17/1/25	-28.88 k	-4.00 contracts	-0.00	Equity derivative	N/A	USA
OPT. S&P 5 P 6035 24/1/25	-30.86 k	-2.00 contracts	-0.00	Equity derivative	N/A	USA
OPT. S&P 5 P 6090 10/1/25	-40.14 k	-2.00 contracts	-0.00	Equity derivative	N/A	USA
OPT. S&P 5 P 6050 17/1/25	-50.38 k	-3.00 contracts	-0.00	Equity derivative	N/A	USA
OPT. S&P 5 P 6060 10/1/25	-84.91 k	-5.00 contracts	-0.01	Equity derivative	N/A	USA
OPT. S&P 5 P 6060 17/1/25	-340.40 k	-20.00 contracts	-0.02	Equity derivative	N/A	USA
OPT. S&P 50 P 6085 3/1/25	-514.54 k	-26.00 contracts	-0.03	Equity derivative	N/A	USA
OPT. S&P 5 P 6080 17/1/25	-749.80 k	-40.00 contracts	-0.05	Equity derivative	N/A	USA
OPT. S&P 5 P 5935 31/1/25	-777.74 k	-74.00 contracts	-0.05	Equity derivative	N/A	USA
OPT. S&P 50 P 6070 3/1/25	-827.19 k	-45.00 contracts	-0.05	Equity derivative	N/A	USA
OPT. S&P 5 P 6070 10/1/25	-873.12 k	-48.00 contracts	-0.06	Equity derivative	N/A	USA
OPT. S&P 5 P 6050 10/1/25	-1.16 mm	-72.00 contracts	-0.08	Equity derivative	N/A	USA
OPT. S&P 50 P 6050 3/1/25	-1.26 mm	-77.00 contracts	-0.08	Equity derivative	N/A	USA
OPT. S&P 5 P 5970 17/1/25	-1.64 mm	-157.00 contracts	-0.11	Equity derivative	N/A	USA
OPT. S&P 5 P 6080 10/1/25	-1.79 mm	-94.00 contracts	-0.12	Equity derivative	N/A	USA
OPT. S&P 5 P 5965 24/1/25	-2.41 mm	-220.00 contracts	-0.16	Equity derivative	N/A	USA