# EDGAR Filing Document

**Accession Number:** 0001355064
**File Stem:** 0001752724-23-047713
**Filing Date:** 2023-2
**Character Count:** 19942
**Document Hash:** d93b84af13a957272670d88e304d23dd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-047713.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-047713

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MUTUAL FUND SERIES TRUST
- **CENTRAL INDEX KEY:** 0001355064
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21872
- **FILM NUMBER:** 23686077

**BUSINESS ADDRESS:**
- **STREET 1:** C/O GEMINI FUND SERVICES LLC
- **STREET 2:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022-3474
- **BUSINESS PHONE:** 631 549 1859

**MAIL ADDRESS:**
- **STREET 1:** C/O GEMINI FUND SERVICES LLC
- **STREET 2:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022-3474

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CATALYST FUNDS
- **DATE OF NAME CHANGE:** 20060303

## Series and Classes Contracts Data

### JAG Large Cap Growth Fund (Series ID: S000035241)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000108404 | JAG Large Cap Growth Fund Class A | JLGAX           |
| C000108406 | JAG Large Cap Growth Fund Class I | JLGIX           |
| C000218687 | JAG Large Cap Growth Fund Class R | JGRRX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **JAG LARGE CAP GROWTH FUND** | **JAG LARGE CAP GROWTH FUND** | **JAG LARGE CAP GROWTH FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **December 31, 2022** | **December 31, 2022** | **December 31, 2022** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.8%** |  |
|  | **ADVERTISING & MARKETING - 2.4%** |  |
| 20713 | Trade Desk, Inc. (The), Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;$928564 |
|  | **APPAREL & TEXTILE PRODUCTS - 3.6%** |  |
| 3529 | Deckers Outdoor Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1408636 |
|  | **BIOTECH & PHARMA - 8.1%** |  |
| 4056 | Eli Lilly and Company | &nbsp;&nbsp;&nbsp;1483847 |
| 850 | Regeneron Pharmaceuticals, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;613267 |
| 3717 | Vertex Pharmaceuticals, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1073395 |
|  |  | &nbsp;&nbsp;&nbsp;3170509 |
|  | **COMMERCIAL SUPPORT SERVICES - 2.0%** |  |
| 5004 | Waste Management, Inc. | &nbsp;&nbsp;&nbsp;785028 |
|  | **E-COMMERCE DISCRETIONARY - 2.8%** |  |
| 13280 | Amazon.com, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1115520 |
|  | **ENGINEERING & CONSTRUCTION - 4.2%** |  |
| 11601 | Quanta Services, Inc. | &nbsp;&nbsp;&nbsp;1653142 |
|  | **ENTERTAINMENT CONTENT - 4.1%** |  |
| 20768 | Activision Blizzard, Inc. | &nbsp;&nbsp;&nbsp;1589790 |
|  | **HEALTH CARE FACILITIES & SERVICES - 5.0%** |  |
| 2397 | McKesson Corporation | &nbsp;&nbsp;&nbsp;899163 |
| 1995 | UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;1057709 |
|  |  | &nbsp;&nbsp;&nbsp;1956872 |
|  | **INSURANCE - 3.2%** |  |
| 956 | Markel Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1259520 |
|  | **INTERNET MEDIA & SERVICES - 4.4%** |  |
| 19520 | Alphabet, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1722250 |
|  | **LEISURE FACILITIES & SERVICES - 2.9%** |  |
| 826 | Chipotle Mexican Grill, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1146067 |

---

---

| | | |
|:---|:---|:---|
| **JAG LARGE CAP GROWTH FUND** | **JAG LARGE CAP GROWTH FUND** | **JAG LARGE CAP GROWTH FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2022** | **December 31, 2022** | **December 31, 2022** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.8% (Continued)** |  |
|  | **MACHINERY - 2.6%** |  |
| 2396 | Deere & Company | &nbsp;&nbsp;&nbsp;$1027309 |
|  | **MEDICAL EQUIPMENT & DEVICES - 9.4%** |  |
| 8300 | DexCom, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;939892 |
| 6770 | Intuitive Surgical, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1796419 |
| 1735 | Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;955447 |
|  |  | &nbsp;&nbsp;&nbsp;3691758 |
|  | **OIL & GAS PRODUCERS - 2.5%** |  |
| 6403 | Cheniere Energy, Inc. | &nbsp;&nbsp;&nbsp;960194 |
|  | **RETAIL - CONSUMER STAPLES - 3.8%** |  |
| 3286 | Costco Wholesale Corporation | &nbsp;&nbsp;&nbsp;1500059 |
|  | **RETAIL - DISCRETIONARY - 10.8%** |  |
| 2855 | Home Depot, Inc. (The) | &nbsp;&nbsp;&nbsp;901780 |
| 3132 | Lululemon Athletica, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1003430 |
| 1487 | O'Reilly Automotive, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1255073 |
| 4669 | Tractor Supply Company | &nbsp;&nbsp;&nbsp;1050385 |
|  |  | &nbsp;&nbsp;&nbsp;4210668 |
|  | **SEMICONDUCTORS - 5.8%** |  |
| 1181 | ASML Holding N.V. | &nbsp;&nbsp;&nbsp;645298 |
| 783 | Broadcom, Inc. | &nbsp;&nbsp;&nbsp;437799 |
| 18736 | ON Semiconductor Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1168564 |
|  |  | &nbsp;&nbsp;&nbsp;2251661 |
|  | **SOFTWARE - 9.6%** |  |
| 3685 | Adobe, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1240113 |
| 8147 | Microsoft Corporation | &nbsp;&nbsp;&nbsp;1953814 |
| 1438 | ServiceNow, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;558332 |
|  |  | &nbsp;&nbsp;&nbsp;3752259 |
|  | **TECHNOLOGY HARDWARE - 4.9%** |  |
| 14773 | Apple, Inc. | &nbsp;&nbsp;&nbsp;1919456 |

---

---

| | | |
|:---|:---|:---|
| **JAG LARGE CAP GROWTH FUND** | **JAG LARGE CAP GROWTH FUND** | **JAG LARGE CAP GROWTH FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2022** | **December 31, 2022** | **December 31, 2022** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.8% (Continued)** |  |
|  | **TECHNOLOGY SERVICES - 6.7%** |  |
| 3886 | Gartner, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;$1306240 |
| 3822 | Mastercard, Inc., Class A | &nbsp;&nbsp;&nbsp;1329024 |
|  |  | &nbsp;&nbsp;&nbsp;2635264 |
|  | **TOTAL COMMON STOCKS (Cost $36,454,315)** | &nbsp;&nbsp;&nbsp;38684526 |
| **Shares** |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENTS — 1.2%** |  |
|  | **MONEY MARKET FUNDS - 1.2%** |  |
| 476759 | First American Government Obligations Fund Class X, 4.08% (Cost $476,759)<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;476759 |
|  | **TOTAL INVESTMENTS - 100.0% (Cost $36,931,074)** | &nbsp;&nbsp;&nbsp;$39161285 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - 0.0%**<sup>(C)</sup> | &nbsp;&nbsp;&nbsp; (16526) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp;&nbsp;$39144759 |

---

NV - Naamioze Vennootschap <br>

---

| | |
|:---|:---|
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup><br> <sup>(C)</sup> | Rate disclosed is the seven day effective yield as of December 31, 2022.<br> Percentage rounds to less than 0.1%. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** MUTUAL FUND SERIES TRUST

- **b. Investment Company Act file number:** 811-21872

- **c. CIK number of Registrant:** 0001355064

- **d. LEI of Registrant:** 5493002ZGLQMLR4QMA96

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** C/O GEMINI FUND SERVICES LLC

  - **City:** ELKHORN

  - **State:** NE

  - **Foreign country:** US

  - **Zip / Postal Code:** 68022

  - **Telephone number:** 631-470-2600

**Item A.2. Information about the Series.**

- **a. Name of Series:** JAG Large Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000035241

- **c. LEI of Series:** 549300GE50D2WR7UZH49

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $39230795.54

**Total Liabilities:** $86036.91

**Net Assets:** $39144758.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000108406 | 5.58%                | 5.01%                | -7.16%               |
| Class ID C000108404 | 5.63%                | 4.97%                | -7.17%               |
| Class ID C000218687 | 5.60%                | 5.10%                | -7.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-421011.90              | $2686329.45                                |
| Month 2  | $485077.19               | $1581333.91                                |
| Month 3  | $-704195.51              | $-2325713.51                               |

### Schedule of Portfolio Investments

| Name                                | Title            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Deere & Company                     | DEERE & CO       | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      2396 | NS      | $1027308.96   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                   | TRACTOR SUPPLY   | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |      4669 | NS      | $1050384.93   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERN FDS INC                 | FRST AM-GV OB-X  | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    476759 | PA      | $476759.44    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corporation         | DECKERS OUTDOOR  | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      3529 | NS      | $1408635.64   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Activision Blizzard Inc             | ACTIVISION BLIZZ | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |     20768 | NS      | $1589790.40   | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                   | ASML HOLDING-NY  | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      1181 | NS      | $645298.40    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.              | WASTE MANAGEMENT | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      5004 | NS      | $785027.52    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corporation                | MCKESSON CORP    | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      2397 | NS      | $899162.64    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Corporation                  | MARKEL CORP      | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |       956 | NS      | $1259520.44   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                           | ADOBE INC        | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      3685 | NS      | $1240113.05   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Incorporation               | GARTNER INC      | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      3886 | NS      | $1306240.04   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                     | ELI LILLY & CO   | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      4056 | NS      | $1483847.04   | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.               | QUANTA SERVICES  | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     11601 | NS      | $1653142.50   | 4.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated             | MASTERCARD INC-A | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3822 | NS      | $1329024.06   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp.              | ON SEMICONDUCTOR | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     18736 | NS      | $1168564.32   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation        | COSTCO WHOLESALE | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      3286 | NS      | $1500059.00   | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated | VERTEX PHARM     | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      3717 | NS      | $1073395.26   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                          | APPLE INC        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     14773 | NS      | $1919455.89   | 4.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                 | CHENIERE ENERGY  | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      6403 | NS      | $960193.88    | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc          | CHIPOTLE MEXICAN | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       826 | NS      | $1146066.74   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.            | O'REILLY AUTOMOT | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      1487 | NS      | $1255072.61   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| The Trade Desk Inc                  | TRADE DESK INC-A | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     20713 | NS      | $928563.79    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.     | REGENERON PHARM  | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       850 | NS      | $613266.50    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc                      | HOME DEPOT INC   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2855 | NS      | $901780.30    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                    | AMAZON.COM INC   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     13280 | NS      | $1115520.00   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc.            | LULULEMON ATH    | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |      3132 | NS      | $1003430.16   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc        | THERMO FISHER    | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1735 | NS      | $955447.15    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                       | ALPHABET INC-A   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     19520 | NS      | $1722249.60   | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation               | MICROSOFT CORP   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      8147 | NS      | $1953813.54   | 4.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.             | INTUITIVE SURGIC | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      6770 | NS      | $1796419.50   | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                        | BROADCOM INC     | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       783 | NS      | $437798.79    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                      | SERVICENOW INC   | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      1438 | NS      | $558332.26    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.             | UNITEDHEALTH GRP | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1995 | NS      | $1057709.10   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| DexCom Inc                          | DEXCOM           | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      8300 | NS      | $939892.00    | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

**Name of Applicant:** MUTUAL FUND SERIES TRUST

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer