# EDGAR Filing Document

**Accession Number:** 0001643174
**File Stem:** 0000894189-26-013897
**Filing Date:** 2026-4
**Character Count:** 84238
**Document Hash:** 36fea62a2c242240c1e7b6e9ded918a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-013897.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0000894189-26-013897

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Horizon Funds
- **CENTRAL INDEX KEY:** 0001643174

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23063
- **FILM NUMBER:** 26915980

**BUSINESS ADDRESS:**
- **STREET 1:** 6210 ARDREY KELL ROAD
- **STREET 2:** SUITE 300
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28277
- **BUSINESS PHONE:** 704-544-2399

**MAIL ADDRESS:**
- **STREET 1:** 6210 ARDREY KELL ROAD
- **STREET 2:** SUITE 300
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28277

## Series and Classes Contracts Data

### Horizon Core Equity ETF (Series ID: S000093284)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000261449 | Horizon Core Equity ETF | STOX            |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Horizon Core Equity ETF** | **Horizon Core Equity ETF** | **Horizon Core Equity ETF** | **Horizon Core Equity ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** |
| **COMMON STOCKS - 92.0%** | **COMMON STOCKS - 92.0%** | **Shares** | **Value**  |
| **Aerospace & Defense - 2.8%** | **Aerospace & Defense - 2.8%** | **Aerospace & Defense - 2.8%** | |
| General Dynamics Corp. | General Dynamics Corp. | 1193 | $425961 |
| General Electric Co. | General Electric Co. | 1787 | 611618 |
| Howmet Aerospace, Inc. | Howmet Aerospace, Inc. | 1368 | 359141 |
| L3Harris Technologies, Inc. | L3Harris Technologies, Inc. | 970 | 353604 |
| Lockheed Martin Corp. | Lockheed Martin Corp. | 647 | 425778 |
| Northrop Grumman Corp. | Northrop Grumman Corp. | 618 | 447667 |
| RTX Corp. | RTX Corp. | 3008 | 609481 |
|  |  |  | 3233250 |
| **Air Freight & Logistics - 0.3%** | **Air Freight & Logistics - 0.3%** | **Air Freight & Logistics - 0.3%** |  |
| FedEx Corp. | FedEx Corp. | 1004 | 388548 |
| **Automobiles - 1.6%** | **Automobiles - 1.6%** | **Automobiles - 1.6%** |  |
| Ford Motor Co. | Ford Motor Co. | 39806 | 560867 |
| General Motors Co. | General Motors Co. | 8406 | 661636 |
| Tesla, Inc. <sup>(a)</sup> | Tesla, Inc. <sup>(a)</sup> | 1380 | 555464 |
|  |  |  | 1777967 |
| **Banks - 2.9%** | **Banks - 2.9%** | **Banks - 2.9%** |  |
| Bank of America Corp. | Bank of America Corp. | 16733 | 833806 |
| Citigroup, Inc. | Citigroup, Inc. | 4802 | 529132 |
| JPMorgan Chase & Co. | JPMorgan Chase & Co. | 3144 | 944143 |
| PNC Financial Services Group, Inc. | PNC Financial Services Group, Inc. | 1169 | 248237 |
| US Bancorp | US Bancorp | 5215 | 285052 |
| Wells Fargo & Co. | Wells Fargo & Co. | 5813 | 473469 |
|  |  |  | 3313839 |
| **Beverages - 1.7%** | **Beverages - 1.7%** | **Beverages - 1.7%** |  |
| Coca-Cola Co. | Coca-Cola Co. | 11132 | 907926 |
| Monster Beverage Corp. <sup>(a)</sup> | Monster Beverage Corp. <sup>(a)</sup> | 4430 | 377879 |
| PepsiCo, Inc. | PepsiCo, Inc. | 4137 | 702214 |
|  |  |  | 1988019 |
| **Biotechnology - 2.1%** | **Biotechnology - 2.1%** | **Biotechnology - 2.1%** |  |
| AbbVie, Inc. | AbbVie, Inc. | 4337 | 1006531 |
| Amgen, Inc. | Amgen, Inc. | 939 | 364482 |
| Gilead Sciences, Inc. | Gilead Sciences, Inc. | 3352 | 499280 |
| Regeneron Pharmaceuticals, Inc. | Regeneron Pharmaceuticals, Inc. | 342 | 267331 |
| Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | 396 | 196745 |
|  |  |  | 2334369 |
| **Broadline Retail - 1.2%** | **Broadline Retail - 1.2%** | **Broadline Retail - 1.2%** |  |
| Amazon.com, Inc. <sup>(a)</sup> | Amazon.com, Inc. <sup>(a)</sup> | 6408 | 1345680 |
| **Building Products - 0.3%** | **Building Products - 0.3%** | **Building Products - 0.3%** |  |
| Trane Technologies PLC | Trane Technologies PLC | 823 | 380489 |
| **Capital Markets - 3.4%** | **Capital Markets - 3.4%** | **Capital Markets - 3.4%** |  |
| Bank of New York Mellon Corp. | Bank of New York Mellon Corp. | 2429 | 289294 |
| Blackrock, Inc. | Blackrock, Inc. | 367 | 390205 |
| Charles Schwab Corp. | Charles Schwab Corp. | 6216 | 591763 |
| CME Group, Inc. | CME Group, Inc. | 1017 | 324931 |
| Goldman Sachs Group, Inc. | Goldman Sachs Group, Inc. | 401 | 344688 |
| Intercontinental Exchange, Inc. | Intercontinental Exchange, Inc. | 1629 | 267368 |
| Moody's Corp. | Moody's Corp. | 554 | 264585 |
| Morgan Stanley | Morgan Stanley | 2976 | 495534 |
| Nasdaq, Inc. | Nasdaq, Inc. | 2741 | 240057 |
| Robinhood Markets, Inc. - Class A <sup>(a)</sup> | Robinhood Markets, Inc. - Class A <sup>(a)</sup> | 2542 | 192811 |
| S&P Global, Inc. | S&P Global, Inc. | 946 | 418018 |
|  |  |  | 3819254 |
| **Chemicals - 0.8%** | **Chemicals - 0.8%** | **Chemicals - 0.8%** |  |
| Corteva, Inc. | Corteva, Inc. | 3559 | 285147 |
| Linde PLC | Linde PLC | 765 | 388681 |
| Sherwin-Williams Co. | Sherwin-Williams Co. | 643 | 233146 |
|  |  |  | 906974 |
| **Commercial Services & Supplies - 0.6%** | **Commercial Services & Supplies - 0.6%** | **Commercial Services & Supplies - 0.6%** |  |
| Republic Services, Inc. | Republic Services, Inc. | 1419 | 324951 |
| Waste Management, Inc. | Waste Management, Inc. | 1596 | 384381 |
|  |  |  | 709332 |
| **Communications Equipment - 1.1%** | **Communications Equipment - 1.1%** | **Communications Equipment - 1.1%** |  |
| Arista Networks, Inc. <sup>(a)</sup> | Arista Networks, Inc. <sup>(a)</sup> | 2968 | 396228 |
| Cisco Systems, Inc. | Cisco Systems, Inc. | 8910 | 707989 |
| Motorola Solutions, Inc. | Motorola Solutions, Inc. | 246 | 118636 |
|  |  |  | 1222853 |
| **Consumer Finance - 0.6%** | **Consumer Finance - 0.6%** | **Consumer Finance - 0.6%** |  |
| American Express Co. | American Express Co. | 2029 | 626758 |
| **Consumer Staples Distribution & Retail - 3.0%** | **Consumer Staples Distribution & Retail - 3.0%** | **Consumer Staples Distribution & Retail - 3.0%** |  |
| Costco Wholesale Corp. | Costco Wholesale Corp. | 1164 | 1176560 |
| Walmart, Inc. | Walmart, Inc. | 17671 | 2261004 |
|  |  |  | 3437564 |
| **Diversified Telecommunication Services - 0.3%** | **Diversified Telecommunication Services - 0.3%** | **Diversified Telecommunication Services - 0.3%** |  |
| AT&T, Inc. | AT&T, Inc. | 5408 | 151478 |
| Verizon Communications, Inc. | Verizon Communications, Inc. | 2803 | 140542 |
|  |  |  | 292020 |
| **Electric Utilities - 1.8%** | **Electric Utilities - 1.8%** | **Electric Utilities - 1.8%** |  |
| American Electric Power Co., Inc. | American Electric Power Co., Inc. | 3967 | 530864 |
| Constellation Energy Corp. | Constellation Energy Corp. | 1364 | 449956 |
| Duke Energy Corp. | Duke Energy Corp. | 4004 | 523923 |
| NextEra Energy, Inc. | NextEra Energy, Inc. | 6206 | 581937 |
|  |  |  | 2086680 |
| **Electrical Equipment - 1.0%** | **Electrical Equipment - 1.0%** | **Electrical Equipment - 1.0%** |  |
| AMETEK, Inc. | AMETEK, Inc. | 1363 | 326057 |
| Eaton Corp. PLC | Eaton Corp. PLC | 641 | 240965 |
| GE Vernova, Inc. | GE Vernova, Inc. | 591 | 516297 |
|  |  |  | 1083319 |
| **Electronic Equipment, Instruments & Components - 0.6%** | **Electronic Equipment, Instruments & Components - 0.6%** | **Electronic Equipment, Instruments & Components - 0.6%** |  |
| Amphenol Corp. - Class A | Amphenol Corp. - Class A | 2543 | 371431 |
| Corning, Inc. | Corning, Inc. | 1339 | 201359 |
| TE Connectivity PLC | TE Connectivity PLC | 430 | 98964 |
|  |  |  | 671754 |
| **Entertainment - 0.7%** | **Entertainment - 0.7%** | **Entertainment - 0.7%** |  |
| Netflix, Inc. <sup>(a)</sup> | Netflix, Inc. <sup>(a)</sup> | 5170 | 497561 |
| Walt Disney Co. | Walt Disney Co. | 1448 | 153546 |
| Warner Bros Discovery, Inc. <sup>(a)</sup> | Warner Bros Discovery, Inc. <sup>(a)</sup> | 4931 | 138906 |
|  |  |  | 790013 |
| **Financial Services - 3.7%** | **Financial Services - 3.7%** | **Financial Services - 3.7%** |  |
| Berkshire Hathaway, Inc. - Class B <sup>(a)</sup> | Berkshire Hathaway, Inc. - Class B <sup>(a)</sup> | 4947 | 2497988 |
| Mastercard, Inc. - Class A | Mastercard, Inc. - Class A | 2009 | 1039075 |
| Visa, Inc. - Class A | Visa, Inc. - Class A | 2202 | 704948 |
|  |  |  | 4242011 |
| **Ground Transportation - 1.0%** | **Ground Transportation - 1.0%** | **Ground Transportation - 1.0%** |  |
| CSX Corp. | CSX Corp. | 8000 | 341520 |
| Uber Technologies, Inc. <sup>(a)</sup> | Uber Technologies, Inc. <sup>(a)</sup> | 5966 | 449956 |
| Union Pacific Corp. | Union Pacific Corp. | 1427 | 378126 |
|  |  |  | 1169602 |
| **Health Care Equipment & Supplies - 1.6%** | **Health Care Equipment & Supplies - 1.6%** | **Health Care Equipment & Supplies - 1.6%** |  |
| Abbott Laboratories | Abbott Laboratories | 3968 | 461677 |
| Boston Scientific Corp. <sup>(a)</sup> | Boston Scientific Corp. <sup>(a)</sup> | 3434 | 263903 |
| Edwards Lifesciences Corp. <sup>(a)</sup> | Edwards Lifesciences Corp. <sup>(a)</sup> | 1349 | 116648 |
| Intuitive Surgical, Inc. <sup>(a)</sup> | Intuitive Surgical, Inc. <sup>(a)</sup> | 811 | 408347 |
| Medtronic PLC | Medtronic PLC | 3338 | 325989 |
| Stryker Corp. | Stryker Corp. | 570 | 220852 |
|  |  |  | 1797416 |
| **Health Care Providers & Services - 1.9%** | **Health Care Providers & Services - 1.9%** | **Health Care Providers & Services - 1.9%** |  |
| Cardinal Health, Inc. | Cardinal Health, Inc. | 580 | 132953 |
| Cencora, Inc. | Cencora, Inc. | 391 | 145507 |
| Cigna Group | Cigna Group | 410 | 118826 |
| CVS Health Corp. | CVS Health Corp. | 3394 | 271181 |
| Elevance Health, Inc. | Elevance Health, Inc. | 575 | 184000 |
| HCA Healthcare, Inc. | HCA Healthcare, Inc. | 618 | 327355 |
| McKesson Corp. | McKesson Corp. | 236 | 233019 |
| UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | 2381 | 698276 |
|  |  |  | 2111117 |
| **Hotels, Restaurants & Leisure - 1.7%** | **Hotels, Restaurants & Leisure - 1.7%** | **Hotels, Restaurants & Leisure - 1.7%** |  |
| Booking Holdings, Inc. | Booking Holdings, Inc. | 170 | 720689 |
| DoorDash, Inc. - Class A <sup>(a)</sup> | DoorDash, Inc. - Class A <sup>(a)</sup> | 2039 | 359822 |
| McDonald's Corp. | McDonald's Corp. | 2610 | 890167 |
|  |  |  | 1970678 |
| **Household Products - 1.0%** | **Household Products - 1.0%** | **Household Products - 1.0%** |  |
| Procter & Gamble Co. | Procter & Gamble Co. | 6939 | 1160201 |
| **Industrial Conglomerates - 0.7%** | **Industrial Conglomerates - 0.7%** | **Industrial Conglomerates - 0.7%** |  |
| 3M Co. | 3M Co. | 1628 | 269141 |
| Honeywell International, Inc. | Honeywell International, Inc. | 2012 | 490103 |
|  |  |  | 759244 |
| **Insurance - 2.1%** | **Insurance - 2.1%** | **Insurance - 2.1%** |  |
| Allstate Corp. | Allstate Corp. | 1224 | 262572 |
| Aon PLC - Class A | Aon PLC - Class A | 764 | 256299 |
| Chubb Ltd. | Chubb Ltd. | 1546 | 526970 |
| Hartford Insurance Group, Inc. | Hartford Insurance Group, Inc. | 1756 | 247297 |
| Marsh & McLennan Cos., Inc. | Marsh & McLennan Cos., Inc. | 1593 | 297477 |
| Progressive Corp. | Progressive Corp. | 2145 | 458301 |
| Travelers Cos., Inc. | Travelers Cos., Inc. | 1020 | 314813 |
|  |  |  | 2363729 |
| **Interactive Media & Services - 9.0%** | **Interactive Media & Services - 9.0%** | **Interactive Media & Services - 9.0%** |  |
| Alphabet, Inc. - Class A <sup>(b)</sup> | Alphabet, Inc. - Class A <sup>(b)</sup> | 27027 | 8425937 |
| Meta Platforms, Inc. - Class A | Meta Platforms, Inc. - Class A | 2787 | 1806478 |
|  |  |  | 10232415 |
| **IT Services - 0.4%** | **IT Services - 0.4%** | **IT Services - 0.4%** |  |
| Accenture PLC - Class A | Accenture PLC - Class A | 973 | 203085 |
| International Business Machines Corp. | International Business Machines Corp. | 1163 | 279364 |
|  |  |  | 482449 |
| **Life Sciences Tools & Services - 0.5%** | **Life Sciences Tools & Services - 0.5%** | **Life Sciences Tools & Services - 0.5%** |  |
| Danaher Corp. | Danaher Corp. | 1366 | 287734 |
| Thermo Fisher Scientific, Inc. | Thermo Fisher Scientific, Inc. | 636 | 331426 |
|  |  |  | 619160 |
| **Machinery - 1.3%** | **Machinery - 1.3%** | **Machinery - 1.3%** |  |
| Caterpillar, Inc. | Caterpillar, Inc. | 851 | 632148 |
| Cummins, Inc. | Cummins, Inc. | 739 | 431480 |
| Parker-Hannifin Corp. | Parker-Hannifin Corp. | 426 | 429911 |
|  |  |  | 1493539 |
| **Media - 0.1%** | **Media - 0.1%** | **Media - 0.1%** |  |
| Comcast Corp. - Class A | Comcast Corp. - Class A | 4011 | 124180 |
| Versant Media Group, Inc. <sup>(a)</sup> | Versant Media Group, Inc. <sup>(a)</sup> | 171 | 5698 |
|  |  |  | 129878 |
| **Metals & Mining - 0.9%** | **Metals & Mining - 0.9%** | **Metals & Mining - 0.9%** |  |
| Freeport-McMoRan, Inc. | Freeport-McMoRan, Inc. | 5597 | 381044 |
| Newmont Corp. | Newmont Corp. | 4772 | 620360 |
|  |  |  | 1001404 |
| **Oil, Gas & Consumable Fuels - 4.1%** | **Oil, Gas & Consumable Fuels - 4.1%** | **Oil, Gas & Consumable Fuels - 4.1%** |  |
| Chevron Corp. | Chevron Corp. | 5940 | 1109354 |
| ConocoPhillips | ConocoPhillips | 4165 | 472561 |
| EOG Resources, Inc. | EOG Resources, Inc. | 1995 | 247540 |
| Exxon Mobil Corp. | Exxon Mobil Corp. | 11345 | 1730112 |
| Kinder Morgan, Inc. | Kinder Morgan, Inc. | 8978 | 298698 |
| Marathon Petroleum Corp. | Marathon Petroleum Corp. | 1166 | 231113 |
| Valero Energy Corp. | Valero Energy Corp. | 1185 | 242498 |
| Williams Cos., Inc. | Williams Cos., Inc. | 4141 | 309416 |
|  |  |  | 4641292 |
| **Pharmaceuticals - 4.2%** | **Pharmaceuticals - 4.2%** | **Pharmaceuticals - 4.2%** |  |
| Bristol-Myers Squibb Co. | Bristol-Myers Squibb Co. | 4822 | 300748 |
| Eli Lilly & Co. | Eli Lilly & Co. | 1413 | 1486462 |
| Johnson & Johnson | Johnson & Johnson | 6606 | 1641129 |
| Merck & Co., Inc. | Merck & Co., Inc. | 7219 | 893856 |
| Pfizer, Inc. | Pfizer, Inc. | 14555 | 402446 |
| Zoetis, Inc. | Zoetis, Inc. | 849 | 111304 |
|  |  |  | 4835945 |
| **Professional Services - 0.2%** | **Professional Services - 0.2%** | **Professional Services - 0.2%** |  |
| Automatic Data Processing, Inc. | Automatic Data Processing, Inc. | 963 | 206429 |
| **Real Estate Management & Development - 0.2%** | **Real Estate Management & Development - 0.2%** | **Real Estate Management & Development - 0.2%** |  |
| CBRE Group, Inc. - Class A <sup>(a)</sup> | CBRE Group, Inc. - Class A <sup>(a)</sup> | 1432 | 211449 |
| **Semiconductors & Semiconductor Equipment - 13.4%** | **Semiconductors & Semiconductor Equipment - 13.4%** | **Semiconductors & Semiconductor Equipment - 13.4%** |  |
| Advanced Micro Devices, Inc. <sup>(a)</sup> | Advanced Micro Devices, Inc. <sup>(a)</sup> | 3372 | 675108 |
| Analog Devices, Inc. | Analog Devices, Inc. | 446 | 158682 |
| Applied Materials, Inc. | Applied Materials, Inc. | 1366 | 508562 |
| Broadcom, Inc. | Broadcom, Inc. | 13105 | 4187703 |
| Intel Corp. <sup>(a)</sup> | Intel Corp. <sup>(a)</sup> | 3585 | 163512 |
| KLA Corp. | KLA Corp. | 170 | 259173 |
| Lam Research Corp. | Lam Research Corp. | 2985 | 698162 |
| Micron Technology, Inc. | Micron Technology, Inc. | 2933 | 1209481 |
| NVIDIA Corp. | NVIDIA Corp. | 39032 | 6916080 |
| QUALCOMM, Inc. | QUALCOMM, Inc. | 2341 | 333265 |
| Texas Instruments, Inc. | Texas Instruments, Inc. | 653 | 138508 |
|  |  |  | 15248236 |
| **Software - 7.7%** | **Software - 7.7%** | **Software - 7.7%** |  |
| Adobe, Inc. <sup>(a)</sup> | Adobe, Inc. <sup>(a)</sup> | 756 | 198382 |
| AppLovin Corp. - Class A <sup>(a)</sup> | AppLovin Corp. - Class A <sup>(a)</sup> | 220 | 95649 |
| Autodesk, Inc. <sup>(a)</sup> | Autodesk, Inc. <sup>(a)</sup> | 381 | 93676 |
| Cadence Design Systems, Inc. <sup>(a)</sup> | Cadence Design Systems, Inc. <sup>(a)</sup> | 360 | 108504 |
| Intuit, Inc. | Intuit, Inc. | 391 | 159931 |
| Microsoft Corp. | Microsoft Corp. | 15311 | 6013242 |
| Oracle Corp. | Oracle Corp. | 5625 | 817875 |
| Palantir Technologies, Inc. - Class A <sup>(a)</sup> | Palantir Technologies, Inc. - Class A <sup>(a)</sup> | 5941 | 815046 |
| Roper Technologies, Inc. | Roper Technologies, Inc. | 226 | 79039 |
| Salesforce, Inc. | Salesforce, Inc. | 1787 | 348090 |
| ServiceNow, Inc. <sup>(a)</sup> | ServiceNow, Inc. <sup>(a)</sup> | 725 | 78307 |
|  |  |  | 8807741 |
| **Specialty Retail - 3.9%** | **Specialty Retail - 3.9%** | **Specialty Retail - 3.9%** |  |
| AutoZone, Inc. <sup>(a)</sup> | AutoZone, Inc. <sup>(a)</sup> | 166 | 623426 |
| Home Depot, Inc. | Home Depot, Inc. | 2829 | 1077057 |
| Lowe's Cos., Inc. | Lowe's Cos., Inc. | 2162 | 572001 |
| O'Reilly Automotive, Inc. <sup>(a)</sup> | O'Reilly Automotive, Inc. <sup>(a)</sup> | 6149 | 577268 |
| Ross Stores, Inc. | Ross Stores, Inc. | 3197 | 657431 |
| TJX Cos., Inc. | TJX Cos., Inc. | 5768 | 932455 |
|  |  |  | 4439638 |
| **Technology Hardware, Storage & Peripherals - 4.4%** | **Technology Hardware, Storage & Peripherals - 4.4%** | **Technology Hardware, Storage & Peripherals - 4.4%** |  |
| Apple, Inc. | Apple, Inc. | 18363 | 4851137 |
| Western Digital Corp. | Western Digital Corp. | 757 | 211733 |
|  |  |  | 5062870 |
| **Tobacco - 1.0%** | **Tobacco - 1.0%** | **Tobacco - 1.0%** |  |
| Altria Group, Inc. | Altria Group, Inc. | 6958 | 480380 |
| Philip Morris International, Inc. | Philip Morris International, Inc. | 3420 | 638959 |
|  |  |  | 1119339 |
| **Wireless Telecommunication Services - 0.2%** | **Wireless Telecommunication Services - 0.2%** | **Wireless Telecommunication Services - 0.2%** |  |
| T-Mobile US, Inc. | T-Mobile US, Inc. | 1217 | 264198 |
| **TOTAL COMMON STOCKS** (Cost $98,301,729) | **TOTAL COMMON STOCKS** (Cost $98,301,729) | **TOTAL COMMON STOCKS** (Cost $98,301,729) | 104778662 |
| **EXCHANGE TRADED FUNDS - 6.2%** | **EXCHANGE TRADED FUNDS - 6.2%** | **Shares** | **Value**  |
| Roundhill Magnificent Seven ETF <sup>(b)</sup> | Roundhill Magnificent Seven ETF <sup>(b)</sup> | 115470 | 7084084 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $7,527,285) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $7,527,285) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $7,527,285) | 7084084 |
| **REAL ESTATE INVESTMENT TRUSTS - 1.5%** | **REAL ESTATE INVESTMENT TRUSTS - 1.5%** | **Shares** | **Value**  |
| **Health Care REITs - 0.3%** | **Health Care REITs - 0.3%** | **Health Care REITs - 0.3%** |  |
| Welltower, Inc. | Welltower, Inc. | 1797 | 372195 |
| **Industrial REITs - 0.4%** | **Industrial REITs - 0.4%** | **Industrial REITs - 0.4%** |  |
| Prologis, Inc. | Prologis, Inc. | 2963 | 422435 |
| **Retail REITs - 0.3%** | **Retail REITs - 0.3%** | **Retail REITs - 0.3%** |  |
| Simon Property Group, Inc. | Simon Property Group, Inc. | 1359 | 277032 |
| **Specialized REITs - 0.5%** | **Specialized REITs - 0.5%** | **Specialized REITs - 0.5%** |  |
| American Tower Corp. | American Tower Corp. | 1369 | 262656 |
| Equinix, Inc. | Equinix, Inc. | 353 | 343914 |
|  |  |  | 606570 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $1,490,156) | **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $1,490,156) | **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $1,490,156) | 1678232 |
| **PURCHASED OPTIONS - 0.2% <sup>(a)</sup>** | **Notional Amount** | **Contracts** | **Value**  |
| **Put Options - 0.2%** | **Put Options - 0.2%** |  |  |
| State Street SPDR S&P 500 ETF Trust <sup>(c)(d)(e)</sup> | State Street SPDR S&P 500 ETF Trust <sup>(c)(d)(e)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/10/2026; Exercise Price: $652.55 | 3910143 | 57 | 6953 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/10/2026; Exercise Price: $672.33 | 14748785 | 215 | 74182 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/24/2026; Exercise Price: $664.74 | 18658928 | 272 | 161845 |
| **TOTAL PURCHASED OPTIONS** (Cost $327,001) | **TOTAL PURCHASED OPTIONS** (Cost $327,001) | **TOTAL PURCHASED OPTIONS** (Cost $327,001) | 242980 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 0.2%** | **MONEY MARKET FUNDS - 0.2%** | **Shares** | **Value**  |
| First American Government Obligations Fund - Class X, 3.60% <sup>(f)</sup> | First American Government Obligations Fund - Class X, 3.60% <sup>(f)</sup> | 173029 | 173029 |
| **TOTAL MONEY MARKET FUNDS** (Cost $173,029) | **TOTAL MONEY MARKET FUNDS** (Cost $173,029) | **TOTAL MONEY MARKET FUNDS** (Cost $173,029) | 173029 |
| **TOTAL INVESTMENTS - 100.1% (**Cost $107,819,200**)** | **TOTAL INVESTMENTS - 100.1% (**Cost $107,819,200**)** | **TOTAL INVESTMENTS - 100.1% (**Cost $107,819,200**)** | 113956987 |
| Liabilities in Excess of Other Assets - (0.1)% | Liabilities in Excess of Other Assets - (0.1)% | Liabilities in Excess of Other Assets - (0.1)% | (95907) |
| **TOTAL NET ASSETS - 100.0%** |  |  | $113861080 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

---

| |
|:---|
| PLC - Public Limited Company |
| REIT - Real Estate Investment Trust |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> 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 the security has been pledged as collateral for written options.

(c) Exchange-traded.

(d) 100 shares per contract.

(e) Held in connection with written option contracts. See Schedule of Written Options for further information.

(f) The rate shown represents the 7-day annualized yield as of February 28, 2026.

---

| | | | |
|:---|:---|:---|:---|
| **Horizon Core Equity ETF** | **Horizon Core Equity ETF** | **Horizon Core Equity ETF** | **Horizon Core Equity ETF** |
| **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** |
| **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** |
| **WRITTEN OPTIONS - (0.4)%** | **Notional Amount** | **Contracts** | **Value** |
| **Put Options - (0.4)%** | **Put Options - (0.4)%** | **Put Options - (0.4)%** | **Put Options - (0.4)%** |
| State Street SPDR S&P 500 ETF Trust <sup>(a)(b)</sup> |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/10/2026; Exercise Price: $670.84 | $(3910143) | (57) | $(18176) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/10/2026; Exercise Price: $686.93 | (14748785) | (215) | (154308) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/24/2026; Exercise Price: $681.44 | (18658928) | (272) | (266764) |
| **TOTAL WRITTEN OPTIONS** (Premiums received $517,547) |  |  | $(439248) |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |

---

(a) Exchange-traded.

(b) 100 shares per contract.

------

#### Summary of Fair Value Disclosure as of February 28, 2026 (Unaudited)
Horizon Core Equity ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of February 28, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $104778662 | $– | $– | $104778662 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 7084084 | – | – | 7084084 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts | 1678232 | – | – | 1678232 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | – | 242980 | – | 242980 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 173029 | – | – | 173029 |
| Total Investments | $113714007 | $242980 | $– | $113956987 |
| **Liabilities:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | $– | $(439248) | $– | $(439248) |
| Total Investments | $– | $(439248) | $– | $(439248) |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Horizon Funds

- **b. Investment Company Act file number:** 811-23063

- **c. CIK number of Registrant:** 0001643174

- **d. LEI of Registrant:** 549300Q2NFSH0QP87Y93

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

  - **Street Address 1:** 6210 Ardrey Kell Road

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28277

  - **Telephone number:** 866-371-2399

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

- **a. Name of Series:** Horizon Core Equity ETF

- **b. EDGAR series identifier (if any):** S000093284

- **c. LEI of Series:** 529900BO0MN8FA3QAO79

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $114356762.00

**Total Liabilities:** $495682.30

**Net Assets:** $113861079.70

**Cash Not Reported:** $293771.26

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261449 | -0.19%               | 1.79%                | -0.77%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6618.01                 | $-374084.04                                |
| Month 2  | $-8.66                   | $1408297.24                                |
| Month 3  | $182870.31               | $-611718.89                                |

**Designated Index Information**

- **Index Name:** S&P 500 Total Return Index

- **Index Identifier:** SPTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AT&T Inc                       | AT&T Inc                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      5408 | NS      | $151478.08    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories            | Abbott Laboratories                        | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      3968 | NS      | $461676.80    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      4337 | NS      | $1006530.96   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      3372 | NS      | $675108.12    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The              | Allstate Corp/The                          | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      1224 | NS      | $262572.48    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     27027 | NS      | $8425937.52   | 7.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc               | Altria Group Inc                           | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      6958 | NS      | $480380.32    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      6408 | NS      | $1345680.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc | American Electric Power Co Inc             | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |      3967 | NS      | $530863.94    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      2029 | NS      | $626758.10    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp            | American Tower Corp                        | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      1369 | NS      | $262656.34    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                     | AMETEK Inc                                 | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      1363 | NS      | $326056.86    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen Inc                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       939 | NS      | $364482.24    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      2543 | NS      | $371430.58    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc             | Analog Devices Inc                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       446 | NS      | $158682.34    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      2968 | NS      | $396228.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                   | Autodesk Inc                               | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |       381 | NS      | $93676.47     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc  | Automatic Data Processing Inc              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |       963 | NS      | $206428.68    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                   | AutoZone Inc                               | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       166 | NS      | $623426.28    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     16733 | NS      | $833805.39    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T | Bank of New York Mellon Corp/The           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      2429 | NS      | $289293.90    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      4947 | NS      | $2497987.65   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                  | Blackrock Inc                              | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       367 | NS      | $390205.41    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc           | Booking Holdings Inc                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       170 | NS      | $720689.50    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp         | Boston Scientific Corp                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      3434 | NS      | $263902.90    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co        | Bristol-Myers Squibb Co                    | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      4822 | NS      | $300748.14    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     13105 | NS      | $4187702.75   | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc     | Cadence Design Systems Inc                 | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |       360 | NS      | $108504.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      6939 | NS      | $1160200.80   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The           | Progressive Corp/The                       | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      2145 | NS      | $458300.70    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                   | Prologis Inc                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      2963 | NS      | $422434.91    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      2341 | NS      | $333264.76    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc  | Regeneron Pharmaceuticals Inc              | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       342 | NS      | $267331.14    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc          | Republic Services Inc                      | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      1419 | NS      | $324951.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |      2542 | NS      | $192810.70    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc         | Roper Technologies Inc                     | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |       226 | NS      | $79038.98     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                | Ross Stores Inc                            | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      3197 | NS      | $657431.08    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                          | 3M Co                                      | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      1628 | NS      | $269140.96    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                     | US Bancorp                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      5215 | NS      | $285051.90    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp             | Valero Energy Corp                         | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      1185 | NS      | $242498.40    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      2803 | NS      | $140542.42    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Versant Media Group Inc        | Versant Media Group Inc                    | CUSIP: 925283103<br>LEI: 254900D2Q5F5F229PU30 | Long             | EC               | CORP              | US        |       171 | NS      | $5697.72      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       756 | NS      | $198381.96    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     18363 | NS      | $4851137.34   | 4.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      1366 | NS      | $508561.80    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |       220 | NS      | $95649.40     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      1448 | NS      | $153545.92    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Roundhill Magnificent Seven ET | Roundhill Magnificent Seven ETF            | CUSIP: 53656G498<br>LEI: 549300XYABGAKA0WAI17 | Long             | EC               | RF                | US        |    115470 | NS      | $7084084.50   | 6.22%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                       | RTX Corp                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      3008 | NS      | $609480.96    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                 | S&P Global Inc                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       946 | NS      | $418018.48    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      1787 | NS      | $348089.73    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                 | ServiceNow Inc                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       725 | NS      | $78307.25     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The        | Sherwin-Williams Co/The                    | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |       643 | NS      | $233145.37    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc       | Simon Property Group Inc                   | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      1359 | NS      | $277032.15    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                   | Stryker Corp                               | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       570 | NS      | $220852.20    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      5768 | NS      | $932454.88    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US Inc                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1217 | NS      | $264198.53    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      1380 | NS      | $555463.80    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments Inc                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |       653 | NS      | $138507.83    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc   | Thermo Fisher Scientific Inc               | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       636 | NS      | $331425.96    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The          | Travelers Cos Inc/The                      | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      1020 | NS      | $314812.80    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      5966 | NS      | $449955.72    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp             | Union Pacific Corp                         | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      1427 | NS      | $378126.46    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      2381 | NS      | $698275.87    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc     | Vertex Pharmaceuticals Inc                 | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |       396 | NS      | $196744.68    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      2202 | NS      | $704948.28    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     17671 | NS      | $2261004.45   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc      | Warner Bros Discovery Inc                  | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |      4931 | NS      | $138906.27    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc           | Waste Management Inc                       | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      1596 | NS      | $384380.64    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co               | Wells Fargo & Co                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      5813 | NS      | $473468.85    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                  | Welltower Inc                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      1797 | NS      | $372194.64    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp           | Western Digital Corp                       | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |       757 | NS      | $211732.90    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The                       | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      4141 | NS      | $309415.52    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                     | Zoetis Inc                                 | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |       849 | NS      | $111303.90    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                        | Aon PLC                                    | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | GB        |       764 | NS      | $256299.08    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC            | TE Connectivity PLC                        | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |       430 | NS      | $98964.50     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC         | Trane Technologies PLC                     | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |       823 | NS      | $380489.36    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc            | Elevance Health Inc                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       575 | NS      | $184000.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                       | CSX Corp                                   | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |      8000 | NS      | $341520.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                | CVS Health Corp                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      3394 | NS      | $271180.60    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp      | Constellation Energy Corp                  | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      1364 | NS      | $449956.32    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning Inc                                | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      1339 | NS      | $201358.82    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                    | Corteva Inc                                | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |      3559 | NS      | $285147.08    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1164 | NS      | $1176559.56   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                    | Cummins Inc                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       739 | NS      | $431479.93    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                   | Danaher Corp                               | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      1366 | NS      | $287734.24    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                   | DoorDash Inc                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      2039 | NS      | $359822.33    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp               | Duke Energy Corp                           | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      4004 | NS      | $523923.40    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc              | EOG Resources Inc                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      1995 | NS      | $247539.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp      | Edwards Lifesciences Corp                  | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      1349 | NS      | $116648.03    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                    | Equinix Inc                                | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       353 | NS      | $343913.78    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     11345 | NS      | $1730112.50   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                     | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      1004 | NS      | $388548.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    173028 | NS      | $173028.50    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co            | General Electric Co                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      1787 | NS      | $611618.62    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co              | General Motors Co                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |      8406 | NS      | $661636.26    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      3352 | NS      | $499280.40    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The    | Goldman Sachs Group Inc/The                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       401 | NS      | $344687.57    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc             | HCA Healthcare Inc                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |       618 | NS      | $327354.60    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T | Hartford Insurance Group Inc/The           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      1756 | NS      | $247297.48    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2829 | NS      | $1077056.88   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc    | Honeywell International Inc                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      2012 | NS      | $490103.08    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc           | Howmet Aerospace Inc                       | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      1368 | NS      | $359141.04    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                     | Intel Corp                                 | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |      3585 | NS      | $163511.85    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                            | International Business Machines Corp       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      1163 | NS      | $279364.23    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1413 | NS      | $1486461.87   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC                             | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |       641 | NS      | $240964.72    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp        | Marathon Petroleum Corp                    | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      1166 | NS      | $231112.86    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc       | Marsh & McLennan Cos Inc                   | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      1593 | NS      | $297476.82    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      2009 | NS      | $1039074.89   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      4772 | NS      | $620360.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy Inc                         | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      6206 | NS      | $581936.62    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp          | Northrop Grumman Corp                      | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       618 | NS      | $447666.84    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     39032 | NS      | $6916080.08   | 6.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                    | Cencora Inc                                | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |       391 | NS      | $145506.74    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                 | CBRE Group Inc                             | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      1432 | NS      | $211449.12    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                | Cigna Group/The                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |       410 | NS      | $118826.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                  | CME Group Inc                              | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      1017 | NS      | $324931.50    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc            | Cardinal Health Inc                        | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |       580 | NS      | $132953.40    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                | Caterpillar Inc                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       851 | NS      | $632148.33    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5940 | NS      | $1109354.40   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      8910 | NS      | $707988.60    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      4802 | NS      | $529132.38    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The               | Coca-Cola Co/The                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     11132 | NS      | $907925.92    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                   | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      4011 | NS      | $124180.56    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                 | ConocoPhillips                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      4165 | NS      | $472560.90    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                  | Ford Motor Co                              | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     39806 | NS      | $560866.54    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc           | Freeport-McMoRan Inc                       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      5597 | NS      | $381043.76    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                             | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       591 | NS      | $516297.60    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp          | General Dynamics Corp                      | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      1193 | NS      | $425960.65    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      6216 | NS      | $591763.20    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                      | Chubb Ltd                                  | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |      1546 | NS      | $526969.56    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2787 | NS      | $1806477.66   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc  | Intercontinental Exchange Inc              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      1629 | NS      | $267367.77    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       391 | NS      | $159930.73    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc         | Intuitive Surgical Inc                     | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |       811 | NS      | $408346.61    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      3144 | NS      | $944143.20    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      6606 | NS      | $1641128.58   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                       | KLA Corp                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       170 | NS      | $259173.50    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc              | Kinder Morgan Inc                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      8978 | NS      | $298698.06    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SPY 03/10/2026 652.55 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        57 | NC      | $6953.43      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SPY 03/10/2026 670.84 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -57 | NC      | $-18176.16    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SPY 03/10/2026 672.33 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       215 | NC      | $74181.45     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SPY 03/10/2026 686.93 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -215 | NC      | $-154307.65   | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SPY 03/24/2026 664.74 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       272 | NC      | $161845.44    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SPY 03/24/2026 681.44 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -272 | NC      | $-266764.00   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| L3Harris Technologies Inc      | L3Harris Technologies Inc                  | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |       970 | NS      | $353603.80    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      2985 | NS      | $698161.65    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp           | Lockheed Martin Corp                       | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       647 | NS      | $425777.76    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                 | Lowe's Cos Inc                             | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      2162 | NS      | $572000.34    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                | McDonald's Corp                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      2610 | NS      | $890166.60    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                              | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       236 | NS      | $233019.32    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      7219 | NS      | $893856.58    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     15311 | NS      | $6013242.14   | 5.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      2933 | NS      | $1209481.21   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp          | Monster Beverage Corp                      | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |      4430 | NS      | $377879.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                   | Moody's Corp                               | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |       554 | NS      | $264584.86    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                 | Morgan Stanley                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      2976 | NS      | $495533.76    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc         | Motorola Solutions Inc                     | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       246 | NS      | $118635.96    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                     | Nasdaq Inc                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      2741 | NS      | $240056.78    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      5170 | NS      | $497560.80    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc        | O'Reilly Automotive Inc                    | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      6149 | NS      | $577268.12    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      5625 | NS      | $817875.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group I | PNC Financial Services Group Inc/The       | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      1169 | NS      | $248237.15    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      5941 | NS      | $815045.79    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp           | Parker-Hannifin Corp                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       426 | NS      | $429910.68    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                    | PepsiCo Inc                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      4137 | NS      | $702214.38    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                     | Pfizer Inc                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     14555 | NS      | $402445.75    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In | Philip Morris International Inc            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      3420 | NS      | $638958.60    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                              | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |       973 | NS      | $203084.56    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                      | Linde PLC                                  | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | US        |       765 | NS      | $388681.20    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                  | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |      3338 | NS      | $325989.08    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-29

**Name of Applicant:** Horizon Funds

**Signature:** /s/ Stephen Terry

**Name of Signer:** Stephen Terry

**Title:** Chief Financial Officer